# EDGAR Filing Document

**Accession Number:** 0000896163
**File Stem:** 0001133228-26-000247
**Filing Date:** 2026-1
**Character Count:** 4502248
**Document Hash:** 74a26e2a618be86c63d8c446952b3bbc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001133228-26-000247.hdr.sgml**: 20260109

**ACCESSION NUMBER**: 0001133228-26-000247

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 27

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20260109

**DATE AS OF CHANGE**: 20260109

**EFFECTIVENESS DATE**: 20260109

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DIMENSIONAL EMERGING MARKETS VALUE FUND
- **CENTRAL INDEX KEY:** 0000896163

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07440
- **FILM NUMBER:** 26522020

**BUSINESS ADDRESS:**
- **STREET 1:** 6300 BEE CAVE ROAD
- **STREET 2:** BUILDING ONE
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78746
- **BUSINESS PHONE:** (512) 306-7400

**MAIL ADDRESS:**
- **STREET 1:** 6300 BEE CAVE ROAD
- **STREET 2:** BUILDING ONE
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78746

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DIMENSIONAL EMERGING MARKETS VALUE FUND INC
- **DATE OF NAME CHANGE:** 19981217

## Series and Classes Contracts Data

### DIMENSIONAL EMERGING MARKETS VALUE FUND (Series ID: S000001027)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000002781 | DIMENSIONAL EMERGING MARKETS VALUE FUND |  |

?xml version='1.0' encoding='ASCII'? 2025-10-22DFAM_DimensionalEmergingMarketsValueFund_SingleClass_TSRAnnual

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

**FORM N-CSR**

**CERTIFIED SHAREHOLDER REPORT OF REGISTERED**

**MANAGEMENT INVESTMENT COMPANIES**

Investment Company Act file number <u>811-07440</u>

**<u>DIMENSIONAL EMERGING MARKETS VALUE FUND</u>**

(Exact name of registrant as specified in charter)

<u>6300 Bee Cave Road, Building One, Austin, TX 78746</u>

(Address of principal executive offices) (Zip code)

Catherine L. Newell, Esquire, President and General Counsel

Dimensional Emerging Markets Value Fund,

<u>6300 Bee Cave Road, Building One, Austin, TX 78746</u>

(Name and address of agent for service)

Registrant's telephone number, including area code: 512-306-7400

Date of fiscal year end: October 31

Date of reporting period: October 31, 2025

ITEM 1. REPORTS TO STOCKHOLDERS.

---

| | | |
|:---|:---|:---|
| ![image](img141882_202410280931781.jpg) | **Dimensional Emerging Markets Value Fund**  | ![image](img141883_202410280932496.jpg) |
| ![image](img141882_202410280931781.jpg) | Annual Shareholder Report \| October 31, 2025  | ![image](img141883_202410280932496.jpg) |
| ![image](img141882_202410280931781.jpg) | ![image](img141883_202410280932496.jpg) |  |

---

This annual shareholder report contains important information about the Dimensional Emerging Markets Value Fund (the "Fund") for the period of November 1, 2024 to October 31, 2025. You can find additional information about the Fund at https://www.dimensional.com/us-en/document-center. You can also request this information at no cost by contacting us collect at (512) 306-7400.

***This report describes changes to the*** ***Fund that occurred during the reporting period.***

**WHAT WERE THE** **Fund COSTS FOR THE LAST YEAR?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Fund Name** | **Costs of a $10,000** **investment** | **Costs paid as a percentage of** **a $10,000 investment** |
| Dimensional Emerging Markets Value Fund | $17 | 0.15% |

---

**MANAGEMENT'S DISCUSSION OF** **Fund PERFORMANCE**

For the 12 months ended October 31, 2025, total returns were 23.23% for the Fund and 24.54% for the MSCI Emerging Markets Value Index (net dividends), the Fund's style benchmark ("benchmark").

**PERFORMANCE HIGHLIGHTS**

Emerging markets had positive returns for the period. As measured by the MSCI Emerging Markets indices, small cap stocks underperformed mid cap stocks, a subset of large cap stocks, and underperformed other large cap stocks. Mid cap stocks underperformed large cap stocks. Within large cap stocks, value stocks underperformed growth stocks as measured by the MSCI Emerging Markets indices. Small cap value stocks underperformed large cap value stocks. High profitability stocks outperformed low profitability stocks within large caps and small caps.

Relative to the benchmark, the Fund's:

• Emphasis on stocks with smaller market capitalizations detracted.

• Focus on value stocks detracted, as the index included stocks with relative prices too high for inclusion in the portfolio, and these stocks outperformed.

• Exclusion of highly regulated utilities contributed.

**HOW DID THE** **Fund PERFORM?**

The Fund's past performance is **not a good predictor** of the Fund's future performance. The graph and table presented below do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.

**VALUE OF A $10,000 INVESTMENT** (November 1, 2015 - October 31, 2025)

![image](ts5533img003.jpg)

PAGE 1 DFA103125-DEMVF

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**AVERAGE ANNUAL TOTAL RETURNS (%)** Period Ended October 31, 2025

---

| | | | |
|:---|:---|:---|:---|
|  | **1 Year** | **5 Year** | **10 Year** |
| **Dimensional Emerging Markets Value Fund**  | 23.23% | 14.12% | 9.27% |
| **MSCI Emerging Markets Index (net div.)**  | 27.91% | 7.46% | 7.69% |
| **MSCI Emerging Markets Value Index (net div.)**  | 24.54% | 10.69% | 6.84% |

---

**KEY** **Fund STATISTICS** (as of October 31, 2025)

---

| | |
|:---|:---|
| **Net Assets (Thousands)** | $13144136 |
| **Number of Holdings** | 3546 |
| **Net Advisory Fees Paid (Thousands)** | $11576 |
| **Portfolio Turnover Rate** | 11% |

---

**WHAT DID THE** **Fund INVEST IN?** (as of October 31, 2025)

---

| | |
|:---|:---|
| **Top 10 Holdings**<br>**(% of Total Investments)** |  |
|  Alibaba Group Holding Ltd.  | 3.4% |
|  Reliance Industries Ltd.  | 2.8% |
|  Hon Hai Precision Industry Co. Ltd.  | 2.6% |
|  Samsung Electronics Co. Ltd.  | 2.6% |
|  China Construction Bank Corp. H  | 2.3% |
|  HDFC Bank Ltd.  | 1.2% |
|  Axis Bank Ltd.  | 1.1% |
|  KB Financial Group, Inc.  | 1.1% |
|  Industrial & Commercial Bank of China Ltd. H  | 1.1% |
|  Ping An Insurance Group Co. of China Ltd. H  | 1.1% |

---

Excludes short-term investments and collateral for loaned securities, if any.

---

| | |
|:---|:---|
| **Top Countries**<br>**(% of Total Investments)** |  |
|  China  | 28.4% |
|  Taiwan  | 20.7% |
|  India  | 16.8% |
|  South Korea  | 12.2% |
|  Saudi Arabia  | 3.1% |
|  South Africa  | 3.0% |
|  Brazil  | 2.7% |
|  Mexico  | 2.4% |
|  United Arab Emirates  | 1.5% |
|  Malaysia  | 1.4% |

---

Excludes short-term investments and collateral for loaned securities, if any.

**How Did the** **Fund Change?**

Effective February 28, 2025, Geographic Focus Risk was added to the prospectus as a principal risk of investing in the Fund.

**WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE** **Fund?**

For additional information about the Fund, including its financial information, holdings, and proxy voting information, visit https://www.dimensional.com/us-en/document-center.

PAGE 2 DFA103125-DEMVF

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

ITEM 2. CODE OF ETHICS.

The Registrant has adopted, as of the end of the period covered by this Form N-CSR (the "Report"), a code of ethics that applies to the Registrant's Co-Principal Executive Officers and Principal Financial Officer (the "Code of Business Ethics"). The Registrant has not made any substantive amendments to the Code of Business Ethics during the period covered by this Report. The Registrant also has not granted any waiver from any provisions of the Code of Business Ethics during the period covered by this Report. A copy of the Code of Business Ethics is filed as an exhibit to this Report.

ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

The Registrant's Board of Trustees has determined that Abbie J. Smith possesses the technical attributes to qualify as an "audit committee financial expert" serving on the Registrant's Audit Committee and has designated Ms. Smith as the "audit committee financial expert." Ms. Smith earned a Ph.D. in Accounting, and has taught Accounting at the graduate level since 1980. Ms. Smith's education and career have provided her with an understanding of generally accepted accounting principles and financial statements; the ability to assess the general application of such principles in connection with the accounting for estimates, accruals and reserves; and experience preparing, analyzing and evaluating financial statements that present a breadth and level of complexity of issues that can reasonably be expected to be raised by the Registrant's financial statements. In addition, Ms. Smith has served on the boards of directors and audit committees of entities other than the Registrant. Ms. Smith is independent under the standards set forth in Item 3 of Form N-CSR.

ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Audit Fees

---

| | |
|:---|:---|
| Fiscal Year Ended October 31, 2025: | $60184 |
| Fiscal Year Ended October 31, 2024: | &nbsp;&nbsp;&nbsp;&nbsp;$62519 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Audit-Related Fees

---

| | | |
|:---|:---|:---|
| Fees for Registrant | Fiscal Year Ended October 31, 2025: | $4609 |
|  | Fiscal Year Ended October 31, 2024: | $4916 |

---

For fiscal years ended October 31, 2025 and October 31, 2024, Audit-Related Fees included fees for services related to limited procedures performed in connection with the production of the Registrant's semi-annual financial statements.

Audit-Related Fees required to be approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X

---

| | |
|:---|:---|
| Fiscal Year Ended October 31, 2025: | $240000 |
| Fiscal Year Ended October 31, 2024: | $240000 |

---

For the fiscal years ended October 31, 2025 and October 31, 2024, Audit-Related Fees required to be approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X included fees for services rendered in connection with the issuance of a Type II SSAE 16 over controls at the Registrant's investment adviser.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Tax Fees

---

| | | |
|:---|:---|:---|
| Fees for Registrant | Fiscal Year Ended October 31, 2025: | $0 |
|  | Fiscal Year Ended October 31, 2024: | $0 |

---

There were no Tax Fees required to be approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X during the fiscal years indicated above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) All Other Fees

---

| | | |
|:---|:---|:---|
| Fees for Registrant | Fiscal Year Ended October 31, 2025: | $0 |
|  | Fiscal Year Ended October 31, 2024: | $0 |

---

There were no "All Other Fees" required to be approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X during the fiscal years indicated above.

(e)(1) Audit Committee's Pre-Approval Policies and Procedures

Pre-Approval Policies and Procedures

as adopted by the

Audit Committees

of

DFA Investment Dimensions Group Inc.

Dimensional Emerging Markets Value Fund

Dimensional Investment Group Inc.

The DFA Investment Trust Company

Dimensional ETF Trust

(together, the "Funds")

The Sarbanes-Oxley Act of 2002 (the "Act") and the rules (the "Rules") adopted by the U.S. Securities and Exchange Commission (the "SEC") require that the Funds' Audit Committees (together, the "Committee") pre-approve all audit services and non-audit services provided to the Funds by their independent registered public accounting firm (the "Auditor"). The Act and the Rules also require that the Committee pre-approve all non-audit services provided by the Auditor to Dimensional Fund Advisors LP ("Dimensional"), the Funds' investment advisor, and to affiliates of Dimensional that provide ongoing services to the Funds (with Dimensional, together the "Service Affiliates") if the services directly impact the Funds' operations and financial reporting.

The following policies and procedures govern the ways in which the Committee will pre-approve audit and various types of non-audit services that the Auditor provides to the Funds and to Service Affiliates. These policies and procedures do not apply in the case of audit services that the Auditor provides to Service Affiliates, nor do they apply to services that an audit firm other than the Auditor provides to such entities.

These policies and procedures comply with the requirements for pre-approval, but also provide mechanisms by which management of the Funds may request and secure pre-approval of audit and non-audit services in an orderly manner with minimal disruption to normal business operations. Pre-approval of non-audit services may be achieved through a combination of the procedures described in Sections C and D below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. General

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Committee must pre-approve all audit services and non-audit services that the Auditor provides to the Funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The Committee must pre-approve any engagement of the Auditor to provide non-audit services to any Service Affiliate during the period
 of the Auditor's engagement to provide audit services to the Funds, if the non-audit services to the Service Affiliate directly
 impact the Funds' operations and financial reporting.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Pre-Approval of Audit Services to the Funds

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Committee shall approve the engagement of an independent registered public accounting firm to certify the Funds' financial statements

for each fiscal year (the "Engagement"). The approval of the Engagement shall not be delegated to a Designated Member (as that term is defined in Section D below). In approving the Engagement, the Committee shall obtain, review and consider sufficient information concerning the proposed Auditor to enable the Committee to make a reasonable evaluation of the Auditor's qualifications and independence. The Committee also shall consider the Auditor's proposed fees for the Engagement, in light of the scope and nature of the audit services that the Funds will receive.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The Committee shall report to the Boards of Directors/Trustees of the Funds (together, the "Board") regarding its approval
 of the Engagement and of the proposed fees for the Engagement, and the basis for such approval.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Unless otherwise required in accordance with applicable law, the Engagement, in any event, shall require that the Auditor be selected
 by the vote, cast in person, of a majority of the members of the Board who are not "interested persons" of the Funds (as that
 term is defined in Section 2(a)(19) of the Investment Company Act of 1940) (the "Independent Directors").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Pre-Approval of Non-Audit Services to the Funds and to Service Affiliates—by Types of Services

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Committee may pre-approve types of non-audit services (including tax services) to the Funds and their Service Affiliates pursuant
 to this Section C.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Annually, at such time as the Committee considers the Engagement of the Auditor, management of the Funds, in consultation with the Auditor,
 shall provide to the Committee, for its consideration and action, the following: (a) a list of those types of non-audit services, if any,
 that the Funds may request from the Auditor during the fiscal year; and (b) a list of those types of non-audit services directly impacting
 the Funds' operations and financial reporting that Service Affiliates may request from the Auditor during the fiscal year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. The lists submitted to the Committee shall describe the types of non-audit services in reasonable detail (which may include a range of
 tax services) and shall include an estimated budget (or budgeted range) of fees, where possible, and such other information as the Committee
 may request. If management and the Auditor desire the Committee to preapprove the furnishing of a range of tax services, the Auditor shall
 provide an estimated range of fees for such tax services for the consideration and approval by the Committee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. The Committee's pre-approval of the types of non-audit services submitted pursuant to this Section C shall constitute authorization
 for management of the Funds to utilize the Auditor for the types of non-audit services so pre-approved, if needed or desired during the
 fiscal year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. A list of the types of non-audit services pre-approved by the Committee pursuant to this Section C will be distributed to management of
 the Service Affiliates and the appropriate partners of the Auditor. Periodically, the Auditor will discuss with the Committee those non-audit
 services that have been or are being provided pursuant to this Section C.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Pre-Approval of Non-Audit Services to the Funds and to Service Affiliates—Project-by-Project Basis

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Committee also may pre-approve non-audit services on a project-by-project basis pursuant to this Section D.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Management of the Funds, in consultation with the Auditor, may submit either to the Committee or to the Designated Member, as provided
 in this Section D, for their consideration and action, a pre-approval request identifying one or more non-audit service projects. The
 request so submitted shall describe the project(s) in reasonable detail and shall include an estimated budget (or budgeted range) of fees
 and such other information as the Committee or the Designated Member, as appropriate, shall request.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. The Committee, from time to time, shall designate one or more of its members who are Independent Directors (each a "Designated Member")
 to consider, on the Committee's behalf, any non-audit services, whether to the Funds or to any Service Affiliate, that have not
 been pre-approved by the Committee. The Designated Member also shall review, on the Committee's behalf, any proposed material change
 in the nature or extent of any non-audit services previously approved. The Funds' management, in consultation with the Auditor,
 shall explain why such non-audit services or material change in non-audit services are necessary and appropriate and the anticipated costs
 thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. The Designated Member will review the requested non-audit services or proposed material change in such services and will either:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) pre-approve, pre-approve subject to conditions, or disapprove any such requested services, or any proposed material change in services,
 whether to the Funds or to a Service Affiliate; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) refer such matter to the full Committee for its consideration and action.

In considering any requested non-audit services or proposed material change in such services, the Designated Member's authority shall be limited to approving non-audit services or proposed material changes that do not exceed $10,000 in value in any fiscal year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The Designated Member's pre-approval (or pre-approval subject to conditions) of the requested non-audit services or proposed material
 change in services pursuant to this Section D shall constitute authorization for the management of the Funds or the Service Affiliate,
 as the case may be, to utilize the Auditor for the non-audit services so pre-approved. Any action by the Designated Member in approving
 a requested non-audit service shall be presented for ratification by the Committee not later than at its next scheduled meeting. If the
 Designated Member does not approve the Auditor providing the requested non-audit service, the matter may be presented to the full Committee
 for its consideration and action.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Amendment; Annual Review

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Committee may amend these procedures from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. These procedures shall be reviewed annually by the Committee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Recordkeeping

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Funds shall maintain a written record of all decisions made by the Committee or by a Designated Member pursuant to these procedures,
 together with appropriate supporting materials.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. In connection with the approval of any non-audit service pursuant to the de minimis exception provided in the Rules, a record shall be
 made indicating that each of the conditions for this exception, as set forth in the Rules, has been satisfied.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. A copy of these Procedures (and of any amendments to these Procedures) shall be maintained and preserved permanently in an easily accessible
 place. The written records referred to in paragraphs 1 and 2 of this Section F shall be maintained and preserved for six years from the
 end of the fiscal year in which the actions recorded were taken, for at least the first two years in an easily accessible location.

(e)(2) The fees disclosed in Items 4(b), 4(c) or 4(d) were approved by the Registrant's Audit Committee but not pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) The percentage of hours expended on the principal accountant's engagement to audit the Registrant's financial statements for
 the fiscal year ended October 31, 2025 that were attributed to work performed by persons other than the principal accountant's full
 time, permanent employees was <u>not</u> greater than 50%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) Aggregate Non-Audit Fees

---

| | |
|:---|:---|
| Fiscal Year Ended October 31, 2025: | $1732067 |
| Fiscal Year Ended October 31, 2024: | $1543221 |

---

Aggregate non-audit fees & services rendered to the Registrant, and rendered to the Registrant's investment advisor, and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the Registrant.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) The Registrant's Audit Committee has considered whether the provision of non-audit services that were rendered to the Registrant's
 investment adviser, and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing
 services to the Registrant, that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with
 maintaining the principal accountant's independence.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) Not applicable.

ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.

This item is not applicable to the Registrant because it is not a listed issuer.

ITEM 6. INVESTMENTS.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Please see the Schedule of Investments contained in the Annual Financial Statements & Other Information included under Item 7 of this
 Report.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

ITEM 7. FINANCIAL STATEMENTS AND FINANCIAL HIGHLIGHTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Please see Financial Statements included below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Please see Financial Highlights included below.

![](img3b716f3e1.gif)

Annual Financial Statements &

Other Information

**Year Ended: October 31, 2025** 

------

DFA INVESTMENT DIMENSIONS GROUP INC. / DIMENSIONAL INVESTMENT GROUP INC. / THE DFA INVESTMENT TRUST COMPANY / DIMENSIONAL

EMERGING MARKETS VALUE FUND

------

**DFA Investment Dimensions Group Inc.**

------

**Large Cap International Portfolio**

**International Core Equity 2 Portfolio (formerly, International Core Equity Portfolio)**

**Global Small Company Portfolio**

**International Small Company Portfolio**

**Japanese Small Company Portfolio**

**Asia Pacific Small Company Portfolio**

**United Kingdom Small Company Portfolio**

**Continental Small Company Portfolio**

**DFA International Real Estate Securities Portfolio**

**DFA Global Real Estate Securities Portfolio**

**DFA International Small Cap Value Portfolio**

**International Vector Equity Portfolio**

**International High Relative Profitability Portfolio**

**World ex U.S. Value Portfolio**

**World ex U.S. Core Equity Portfolio**

**World ex U.S. Targeted Value Portfolio**

**World Core Equity Portfolio**

**Selectively Hedged Global Equity Portfolio**

**Emerging Markets Portfolio**

**Emerging Markets Small Cap Portfolio**

**Emerging Markets Value Portfolio**

**Emerging Markets Core Equity 2 Portfolio (formerly, Emerging Markets Core Equity Portfolio)**

**Emerging Markets Targeted Value Portfolio**

**Emerging Markets ex China Core Equity Portfolio**

**Dimensional Investment Group Inc.**

------

**DFA International Value Portfolio**

**The DFA Investment Trust Company**

------

**The DFA International Value Series**

**The Japanese Small Company Series**

**The Asia Pacific Small Company Series**

**The United Kingdom Small Company Series**

**The Continental Small Company Series**

**The Canadian Small Company Series**

**The Emerging Markets Series**

**The Emerging Markets Small Cap Series**

**Dimensional Emerging Markets Value Fund**

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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**ANNUAL FINANCIAL STATEMENTS AND OTHER INFORMATION**

**Table of Contents** 

---

| | |
|:---|:---|
|  | **Page** |
| **[Item 7 –](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_FC-FrontCoverImage-704_1)[Financial Statements and Financial Highlights for Open-End Management Investment](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_FC-FrontCoverImage-704_1)**<br> **[Companies](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_FC-FrontCoverImage-704_1)**<br>|  |
| **[Definitions of Abbreviations and Footnotes](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_AF-TOC-AbbreviationsandFootnotes_2)** | 1 |
| **[DFA Investment Dimensions Group Inc](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_1SOI-G1_TOC-ScheduleofInvestments-704_1)** |  |
| [Schedules of Investments](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_1SOI-G1_TOC-ScheduleofInvestments-704_1) |  |
| [Large Cap International Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_1SOI-G1_TOC-ScheduleofInvestments-704_1) | 3 |
| [International Core Equity 2 Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-692_1) | 23 |
| [Global Small Company Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-716_1) | 97 |
| [International Small Company Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-697_1) | 98 |
| [Japanese Small Company Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-687_1) | 99 |
| [Asia Pacific Small Company Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-688_1) | 100 |
| [United Kingdom Small Company Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-689_1) | 101 |
| [Continental Small Company Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-685_1) | 102 |
| [DFA International Real Estate Securities Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-706_1) | 103 |
| [DFA Global Real Estate Securities Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-696_1) | 112 |
| [DFA International Small Cap Value Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-705_1) | 115 |
| [International Vector Equity Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-703_1) | 144 |
| [International High Relative Profitability Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-717_1) | 203 |
| [World ex U.S. Value Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-699_1) | 211 |
| [World ex U.S. Core Equity Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-713_1) | 212 |
| [World ex U.S. Targeted Value Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-700_1) | 402 |
| [World Core Equity Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-695_1) | 489 |
| [Selectively Hedged Global Equity Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-698_1) | 490 |
| [Emerging Markets Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-686_1) | 492 |
| [Emerging Markets Small Cap Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-690_1) | 493 |
| [Emerging Markets Value Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-694_1) | 494 |
| [Emerging Markets Core Equity 2 Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-693_1) | 495 |
| [Emerging Markets Targeted Value Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-1362_1) | 646 |
| [Emerging Markets ex China Core Equity Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_63-G1_ScheduleofInvestments-1744_1) | 703 |
| [Statements of Assets and Liabilities](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_1FS-G1_StatementofAssetsandLiabilities_1) | 776 |
| [Statements of Operations](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_1FS-G1_StatementofAssetsandLiabilities_7) | 782 |
| [Statements of Changes in Net Assets](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_1FS-G1_StatementofAssetsandLiabilities_13) | 788 |
| [Financial Highlights](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_1FIHI-G1_TOC-FinancialHighlights-704_1) | 796 |
| [Notes to Financial Statements](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_1NTF-G1_NotestoFinancialStatements-704_1) | 820 |
| [Report of Independent Registered Public Accounting Firm](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_1AUD-Group1_AuditorsReport_1) | 848 |
| **[Dimensional Investment Group Inc](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_3SOI-G3_TOC-ScheduleofInvestments-743_1)** |  |
| [Schedule of Investments](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_3SOI-G3_TOC-ScheduleofInvestments-743_1) |  |
| [DFA International Value Portfolio](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_3SOI-G3_TOC-ScheduleofInvestments-743_1) | 850 |
| [Statement of Assets and Liabilities](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_3FS-G3_StatementofAssetsandLiabilities_1) | 851 |
| [Statement of Operations](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_3FS-G3_StatementofAssetsandLiabilities_2) | 852 |
| [Statements of Changes in Net Assets](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_3FS-G3_StatementofAssetsandLiabilities_3) | 853 |
| [Financial Highlights](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_3FIHI_L-G3_TOC-FinancialHighlights_L-743_1) | 854 |
| [Notes to Financial Statements](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_3NTF-G3_NotestoFinancialStatements-743_1) | 855 |
| [Report of Independent Registered Public Accounting Firm](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_3AUD-Group3_AuditorsReport_1) | 861 |
| **[The DFA Investment Trust Company](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4SOI-G4_TOC-ScheduleofInvestments-670_1)** |  |
| [Schedules of Investments](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4SOI-G4_TOC-ScheduleofInvestments-670_1)  |  |
| [The DFA International Value Series](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4SOI-G4_TOC-ScheduleofInvestments-670_1) | 863 |
| [The Japanese Small Company Series](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4SOI-G4_TOC-ScheduleofInvestments-670_11) | 873 |
| [The Asia Pacific Small Company Series](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4SOI-G4_TOC-ScheduleofInvestments-670_34) | 896 |
| [The United Kingdom Small Company Series](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4SOI-G4_TOC-ScheduleofInvestments-670_46) | 908 |
| [The Continental Small Company Series](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4SOI-G4_TOC-ScheduleofInvestments-670_51) | 913 |
| [The Canadian Small Company Series](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4SOI-G4_TOC-ScheduleofInvestments-670_68) | 930 |
| [The Emerging Markets Series](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4SOI-G4_TOC-ScheduleofInvestments-670_74) | 936 |

---

i

------

**Table of Contents** 

**CONTINUED**

---

| | |
|:---|:---|
|  | **Page** |
| [The Emerging Markets Small Cap Series](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4SOI-G4_TOC-ScheduleofInvestments-670_122) | 984 |
| [Statements of Assets and Liabilities](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4FS-G4_StatementofAssetsandLiabilities_1) | 1079 |
| [Statements of Operations](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4FS-G4_StatementofAssetsandLiabilities_3) | 1081 |
| [Statements of Changes in Net Assets](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4FS-G4_StatementofAssetsandLiabilities_5) | 1083 |
| [Financial Highlights](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4FIHI_L-G4_TOC-FinancialHighlights_L-670_1) | 1086 |
| [Notes to Financial Statements](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4NTF-G4_NotestoFinancialStatements-670_1) | 1094 |
| [Report of Independent Registered Public Accounting Firm](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_4AUD-Group4_AuditorsReport_1) | 1106 |
| **[Dimensional Emerging Markets Value Fund](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_5SOI-G5_TOC-ScheduleofInvestments-679_1)** |  |
| [Schedule of Investments](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_5SOI-G5_TOC-ScheduleofInvestments-679_1)  |  |
| [Dimensional Emerging Markets Value Fund](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_5SOI-G5_TOC-ScheduleofInvestments-679_1) | 1108 |
| [Statement of Assets and Liabilities](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_5FS-G5_StatementofAssetsandLiabilities_1) | 1179 |
| [Statement of Operations](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_5FS-G5_StatementofAssetsandLiabilities_2) | 1180 |
| [Statements of Changes in Net Assets](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_5FS-G5_StatementofAssetsandLiabilities_3) | 1181 |
| [Financial Highlights](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_5FIHI-G5_TOC-FinancialHighlights-679_1) | 1182 |
| [Notes to Financial Statements](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_5NTF-G5_NotestoFinancialStatements-679_1) | 1183 |
| [Report of Independent Registered Public Accounting Firm](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_5AUD-Group5_AuditorsReport_1) | 1192 |
| **[Tax Notice to Shareholders](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_NTS-TOC-NoticetoShareholders_1)** | 1194 |
| **[Item 8 –](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_DISCLOSE-ChangesandDisagreements_1)[Changes in and Disagreements with Accountants for Open-End Management Investment](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_DISCLOSE-ChangesandDisagreements_1)**<br> **[Companies](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_DISCLOSE-ChangesandDisagreements_1)**<br>| 1197 |
| **[Item 9 –](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_DISCLOSE-ChangesandDisagreements_2)[Proxy Disclosures for Open-End Management Investment Companies](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_DISCLOSE-ChangesandDisagreements_2)** | 1198 |
| **[Item 10 –](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_DISCLOSE-ChangesandDisagreements_3)[Remuneration Paid to Directors, Officers, and Others of Open-End Management](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_DISCLOSE-ChangesandDisagreements_3)**<br> **[Investment Companies](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_DISCLOSE-ChangesandDisagreements_3)**<br>| 1199 |
| **[Item 11 –](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_DISCLOSE-ChangesandDisagreements_4)[Statement Regarding Basis for Approval of Investment Management Agreements](#xx_3b6f9b69-81eb-428f-ad8a-d34f374d5357_DISCLOSE-ChangesandDisagreements_4)** | 1200 |

---

ii

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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**DFA INVESTMENT DIMENSIONS GROUP INC.**

**DIMENSIONAL INVESTMENT GROUP INC.**

**THE DFA INVESTMENT TRUST COMPANY**

**DIMENSIONAL EMERGING MARKETS VALUE FUND**

**DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES**

**<u>Schedules of Investments</u>** 

---

| | |
|:---|:---|
| Investment Abbreviations | Investment Abbreviations |
| ADR | American Depositary Receipt |
| CPI | Consumer Price Index |
| GDR | Global Depositary Receipt |
| GO | General Obligation |
| OAT | Obligations Assimilables du Tresor |
| REIT | Real Estate Investment Trust |
| AUD | Australian Dollars |
| CAD | Canadian Dollars |
| CHF | Swiss Franc |
| DKK | Danish Krone |
| EUR | Euro |
| GBP | British Pounds |
| HKD | Hong Kong Dollar |
| ILS | Israeli New Shekel |
| JPY | Japanese Yen |
| NOK | Norwegian Krone |
| NZD | New Zealand Dollars |
| SEK | Swedish Krona |
| SGD | Singapore Dollars |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| Investment Footnotes | Investment Footnotes |
| » | Securities that have been fair value factored. See Note B to Financial Statements. |
| # | Total or Partial Securities on Loan. |
| \* | Non-Income Producing Securities. |
| Ω | &nbsp;&nbsp; Rule 144A, Section 4(2), or other security that is restricted as to resale to institutional <br> investors. This security has been deemed liquid based upon the Fund's Liquidity <br> Guidelines. The liquidity determination is unaudited.<br>|
| † | See Note B to Financial Statements. |
| @ | Security purchased with cash collateral received from Securities on Loan. |
| § | Affiliated Fund. |
| †† | Security valued using significant unobservable inputs (Level 3). |
| Ɏ | Represents 7 Day subsidized yield as of October 31, 2025 |

---

**<u>Financial Highlights</u>** 

\*\* Calculated based on weighted average of each of the Portfolio's underlying investments.

------

**DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES**

**CONTINUED**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) Computed
 using average shares outstanding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) Represents
 the combined ratios for the respective Portfolio and its respective pro-rata share
 of its Master Fund(s) and/or Underlying Fund(s).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) Non-Annualized

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) Annualized

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **All Statements, Schedules and Notes to Financial Statements** | **All Statements, Schedules and Notes to Financial Statements** |
|  | Amounts designated as — are either zero, rounded to zero, or less than $500. |
| SEC | Securities and Exchange Commission |

---

------

**Large Cap International Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (97.0%) | COMMON STOCKS — (97.0%) | COMMON STOCKS — (97.0%) | COMMON STOCKS — (97.0%) |
| AUSTRALIA — (6.1%) | AUSTRALIA — (6.1%) | AUSTRALIA — (6.1%) | AUSTRALIA — (6.1%) |
|  | ALS Ltd. | 254328 | $3609603 |
| # | Ampol Ltd. | 106039 | 2130285 |
|  | ANZ Group Holdings <br> Ltd.<br>| 668376 | 16008742 |
| # | APA Group | 518686 | 3115193 |
|  | Aristocrat Leisure Ltd. | 142270 | 5886439 |
|  | ASX Ltd. | 52145 | 1923988 |
|  | Atlas Arteria Ltd. | 396660 | 1260106 |
|  | Aurizon Holdings Ltd. | 172737 | 387534 |
|  | Bendigo & Adelaide <br> Bank Ltd.<br>| 291242 | 2409145 |
|  | BHP Group Ltd. (BHP <br> AU)<br>| 1212466 | 34565218 |
| # | BHP Group Ltd. (BHP <br> LN), Class DI<br>| 242396 | 6901802 |
| # | BHP Group Ltd. (BHP <br> US), Sponsored <br> ADR<br>| 300265 | 17130118 |
|  | BlueScope Steel Ltd. | 232410 | 3477119 |
|  | Brambles Ltd. | 571987 | 9294540 |
|  | CAR Group Ltd. | 73718 | 1721273 |
|  | Challenger Ltd. | 132412 | 805985 |
|  | Cleanaway Waste <br> Management Ltd.<br>| 159236 | 265452 |
|  | Cochlear Ltd. | 22735 | 4268264 |
|  | Coles Group Ltd. | 509919 | 7354334 |
|  | Commonwealth Bank <br> of Australia<br>| 372709 | 41819811 |
|  | Computershare Ltd. | 211591 | 5054816 |
|  | CSL Ltd. | 89102 | 10383617 |
|  | Dyno Nobel Ltd. | 176011 | 370393 |
| # | Eagers Automotive <br> Ltd.<br>| 73469 | 1634931 |
|  | Endeavour Group Ltd. | 158314 | 378759 |
|  | Evolution Mining Ltd. | 1235970 | 8746421 |
|  | Fortescue Ltd. | 638579 | 8880864 |
|  | Harvey Norman <br> Holdings Ltd.<br>| 408622 | 1931186 |
|  | HUB24 Ltd. | 37812 | 2817601 |
|  | Insurance Australia <br> Group Ltd.<br>| 1347639 | 6927995 |
| #\* | James Hardie <br> Industries PLC (JHX <br> AU), CDI<br>| 157942 | 3326374 |
| # | JB Hi-Fi Ltd. | 77357 | 5291709 |
|  | Lottery Corp. Ltd.  | 855046 | 3075614 |
| #\* | Lynas Rare Earths <br> Ltd.<br>| 316189 | 3152203 |
|  | Macquarie Group Ltd. | 70544 | 10062073 |
|  | Medibank Pvt Ltd. | 954330 | 3045734 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| \* | Mineral Resources <br> Ltd.<br>| 38365 | $1211662 |
| # | Myer Holdings Ltd. | 60476 | 15610 |
|  | National Australia Bank <br> Ltd.<br>| 761920 | 21722380 |
|  | Netwealth Group Ltd. | 75388 | 1517406 |
| #\* | NEXTDC Ltd. | 181867 | 1869763 |
|  | Northern Star <br> Resources Ltd.<br>| 562018 | 9062446 |
|  | Orica Ltd. | 258059 | 3752265 |
|  | Origin Energy Ltd. | 639687 | 5126336 |
|  | Perseus Mining Ltd. | 802656 | 2547605 |
| #\* | Pilbara Minerals Ltd. | 379134 | 815814 |
|  | Pro Medicus Ltd. | 24233 | 4160925 |
|  | Qantas Airways Ltd. | 311858 | 2077641 |
|  | QBE Insurance Group <br> Ltd.<br>| 708832 | 9196793 |
|  | Qube Holdings Ltd. | 798076 | 2287235 |
| # | Ramsay Health Care <br> Ltd.<br>| 89719 | 1882305 |
|  | REA Group Ltd. | 18469 | 2573414 |
| # | Reece Ltd. | 79223 | 604776 |
|  | Rio Tinto Ltd. | 145213 | 12608299 |
| \* | Sandfire Resources <br> Ltd.<br>| 223959 | 2372064 |
|  | Santos Ltd. | 2230872 | 9213803 |
|  | SEEK Ltd. | 117034 | 2071162 |
|  | SGH Ltd. | 107212 | 3397042 |
| # | Sigma Healthcare Ltd. | 690842 | 1404526 |
|  | Sonic Healthcare Ltd. | 213112 | 2949598 |
|  | South32 Ltd. (S32 AU) | 2155314 | 4457376 |
|  | Steadfast Group Ltd. | 427900 | 1567532 |
|  | Suncorp Group Ltd. | 411418 | 5281333 |
|  | Technology One Ltd. | 173263 | 4172872 |
|  | Telstra Group Ltd. <br> (TLS AU)<br>| 1417464 | 4528564 |
|  | TPG Telecom Ltd. | 196822 | 711965 |
|  | Transurban Group | 991946 | 9385487 |
|  | Treasury Wine Estates <br> Ltd.<br>| 12717 | 49811 |
|  | Wesfarmers Ltd. | 328349 | 18021748 |
|  | Westpac Banking <br> Corp.<br>| 748445 | 18938999 |
|  | Whitehaven Coal Ltd. | 93643 | 440132 |
|  | WiseTech Global Ltd. | 48021 | 2165842 |
|  | Woodside Energy <br> Group Ltd. (WDS <br> AU)<br>| 656980 | 10646654 |
|  | Woodside Energy <br> Group Ltd. (WDS <br> LN)<br>| 43801 | 710743 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| # | Woodside Energy <br> Group Ltd. (WDS <br> US), ADR<br>| 68532 | $1110904 |
|  | Woolworths Group <br> Ltd.<br>| 382245 | 7101728 |
|  | Worley Ltd. | 195104 | 1822075 |
| \* | Xero Ltd. | 52534 | 4969989 |
| # | Yancoal Australia Ltd. | 297444 | 1082260 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 441022125 |
| AUSTRIA — (0.3%) | AUSTRIA — (0.3%) | AUSTRIA — (0.3%) | AUSTRIA — (0.3%) |
|  | Erste Group Bank AG | 129852 | 13451221 |
|  | OMV AG | 82151 | 4497449 |
|  | Verbund AG | 23881 | 1843140 |
| TOTAL AUSTRIA | TOTAL AUSTRIA |  | 19791810 |
| BELGIUM — (0.9%) | BELGIUM — (0.9%) | BELGIUM — (0.9%) | BELGIUM — (0.9%) |
|  | Ageas SA | 100829 | 6672861 |
|  | Anheuser-Busch InBev <br> SA (ABI BB)<br>| 360455 | 21979536 |
| \* | Argenx SE (ARGX <br> BB)<br>| 4901 | 4011307 |
| \* | Argenx SE (ARGX <br> US), ADR<br>| 2482 | 2031517 |
|  | CMB Tech NV | 26813 | 251471 |
|  | D'ieteren Group | 1056 | 192902 |
|  | Elia Group SA | 1390 | 167534 |
|  | KBC Group NV | 155441 | 18701015 |
|  | UCB SA | 57158 | 14697719 |
| TOTAL BELGIUM | TOTAL BELGIUM |  | 68705862 |
| CANADA — (10.8%) | CANADA — (10.8%) | CANADA — (10.8%) | CANADA — (10.8%) |
|  | Agnico Eagle Mines <br> Ltd. (AEM CN)<br>| 437 | 70285 |
|  | Agnico Eagle Mines <br> Ltd. (AEM US)<br>| 131538 | 21152626 |
|  | Alamos Gold, Inc. (AGI <br> US), Class A<br>| 175419 | 5401151 |
|  | Alimentation <br> Couche-Tard, Inc.<br>| 260232 | 13225437 |
|  | AltaGas Ltd. | 25804 | 757442 |
|  | ARC Resources Ltd. | 301057 | 5552989 |
|  | AtkinsRealis Group, <br> Inc.<br>| 73331 | 5171416 |
|  | Bank of Montreal <br> (BMO CN)<br>| 41107 | 5106465 |
|  | Bank of Montreal <br> (BMO US)<br>| 158839 | 19724627 |
| # | Bank of Nova Scotia <br> (BNS CN)<br>| 159145 | 10437951 |
|  | Bank of Nova Scotia <br> (BNS US)<br>| 214751 | 14087666 |
|  | Barrick Mining Corp. | 141262 | 4633394 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Barrick Mining Corp. (B <br> US)<br>| 377839 | $12393119 |
| # | BCE, Inc. (BCE US) | 17800 | 406908 |
| \* | Bombardier, Inc. <br> (BBD/A CN), <br> Class A<br>| 600 | 83052 |
| \* | Bombardier, Inc. <br> (BBD/B CN), <br> Class B<br>| 40143 | 5608943 |
|  | Brookfield Corp. (BN <br> CN)<br>| 86714 | 3993349 |
|  | Brookfield Corp. (BN <br> US)<br>| 209541 | 9649353 |
|  | Brookfield <br> Infrastructure Corp., <br> Class A<br>| 1119 | 50725 |
| # | Brookfield Renewable <br> Corp.<br>| 51236 | 2216469 |
|  | Brookfield Wealth <br> Solutions Ltd.<br>| 594 | 27366 |
| \* | CAE, Inc. (CAE CN) | 5544 | 155661 |
| \* | CAE, Inc. (CAE US) | 31700 | 889502 |
|  | Cameco Corp. (CCJ <br> US)<br>| 59290 | 6060031 |
|  | Canadian Imperial <br> Bank of Commerce <br> (CM CN)<br>| 169585 | 14051173 |
|  | Canadian Imperial <br> Bank of Commerce <br> (CM US)<br>| 171159 | 14183946 |
|  | Canadian National <br> Railway Co. (CNI <br> US)<br>| 89334 | 8568024 |
|  | Canadian National <br> Railway Co. (CNR <br> CN)<br>| 79808 | 7652760 |
|  | Canadian Natural <br> Resources Ltd. <br> (CNQ CN)<br>| 20072 | 642138 |
|  | Canadian Natural <br> Resources Ltd. <br> (CNQ US)<br>| 858816 | 27499288 |
|  | Canadian Pacific <br> Kansas City Ltd. (CP <br> CN)<br>| 61565 | 4430327 |
|  | Canadian Pacific <br> Kansas City Ltd. (CP <br> US)<br>| 140607 | 10116674 |
|  | CCL Industries, Inc., <br> Class B<br>| 73986 | 4127243 |
| \* | Celestica, Inc. (CLS <br> US)<br>| 50359 | 17347668 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Cenovus Energy, Inc. <br> (CVE CN)<br>| 69958 | $1182136 |
|  | Cenovus Energy, Inc. <br> (CVE US)<br>| 594115 | 10052426 |
|  | CGI, Inc. (GIB US) | 82960 | 7217520 |
|  | CGI, Inc. (GIBA CN) | 199 | 17318 |
|  | Colliers International <br> Group, Inc. (CIGI <br> US)<br>| 503 | 80244 |
|  | Constellation Software, <br> Inc.<br>| 5232 | 13769014 |
| \* | Descartes Systems <br> Group, Inc. (DSG <br> CN)<br>| 36 | 3179 |
|  | Dollarama, Inc. | 116011 | 15079652 |
|  | Element Fleet <br> Management Corp.<br>| 268036 | 7229548 |
| # | Emera, Inc. | 133662 | 6354556 |
|  | Empire Co. Ltd., <br> Class A<br>| 7642 | 259628 |
|  | Enbridge, Inc. (ENB <br> CN)<br>| 34288 | 1598806 |
|  | Enbridge, Inc. (ENB <br> US)<br>| 515160 | 24016759 |
|  | Endeavour Mining <br> PLC<br>| 46334 | 1856267 |
|  | Fairfax Financial <br> Holdings Ltd.<br>| 6308 | 10241263 |
| \* | First Quantum Minerals <br> Ltd.<br>| 199143 | 4134639 |
|  | FirstService Corp. <br> (FSV CN)<br>| 65 | 10347 |
|  | FirstService Corp. <br> (FSV US)<br>| 1231 | 196234 |
|  | Fortis, Inc. (FTS CN) | 149319 | 7505607 |
|  | Fortis, Inc. (FTS US) | 47387 | 2380249 |
|  | Franco-Nevada Corp. <br> (FNV US)<br>| 44857 | 8371662 |
|  | George Weston Ltd. | 72644 | 4417012 |
|  | GFL Environmental, <br> Inc.<br>| 66142 | 2889744 |
| # | Gildan Activewear, Inc. <br> (GIL US)<br>| 3453 | 201275 |
|  | Great-West Lifeco, <br> Inc.<br>| 85869 | 3640348 |
| Ω | Hydro One Ltd. | 126825 | 4677664 |
|  | iA Financial Corp., Inc. | 71974 | 8495965 |
|  | IGM Financial, Inc. | 5690 | 218870 |
|  | Imperial Oil Ltd. (IMO <br> US)<br>| 69333 | 6115864 |
|  | Intact Financial Corp. | 78750 | 14689931 |
| #\* | Ivanhoe Mines Ltd., <br> Class A<br>| 134750 | 1347932 |
|  | Keyera Corp. | 29479 | 870361 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Kinross Gold Corp. (K <br> CN)<br>| 410564 | $9548749 |
|  | Kinross Gold Corp. <br> (KGC US)<br>| 375679 | 8730780 |
|  | Loblaw Cos. Ltd. | 154765 | 6150652 |
|  | Lundin Gold, Inc. | 5522 | 375404 |
|  | Lundin Mining Corp. | 347151 | 5583920 |
|  | Magna International, <br> Inc. (MGA US)<br>| 159131 | 7512575 |
|  | Manulife Financial <br> Corp. (MFC CN)<br>| 283338 | 9169521 |
|  | Manulife Financial <br> Corp. (MFC US)<br>| 394624 | 12773979 |
|  | Metro, Inc. | 98518 | 6566945 |
|  | National Bank of <br> Canada<br>| 104399 | 11663986 |
|  | Nutrien Ltd. (NTR CN) | 12443 | 677709 |
|  | Nutrien Ltd. (NTR US) | 213234 | 11610570 |
|  | Open Text Corp. <br> (OTEX US)<br>| 82375 | 3159081 |
| # | Pan American Silver <br> Corp. (PAAS US)<br>| 177832 | 6261465 |
|  | Pembina Pipeline <br> Corp. (PBA US)<br>| 239039 | 9042845 |
|  | Pembina Pipeline <br> Corp. (PPL CN)<br>| 2200 | 83228 |
|  | RB Global, Inc. (RBA <br> CN)<br>| 11649 | 1155805 |
|  | RB Global, Inc. (RBA <br> US)<br>| 50010 | 4961992 |
|  | Restaurant Brands <br> International, Inc. <br> (QSR CN)<br>| 58971 | 3873237 |
|  | Restaurant Brands <br> International, Inc. <br> (QSR US)<br>| 71674 | 4708265 |
|  | Rogers <br> Communications, <br> Inc. (RCI US), <br> Class B<br>| 63944 | 2502768 |
| # | Rogers <br> Communications, <br> Inc. (RCIB CN), <br> Class B<br>| 80132 | 3136035 |
|  | Royal Bank of Canada <br> (RY CN)<br>| 296511 | 43438106 |
|  | Royal Bank of Canada <br> (RY US)<br>| 235765 | 34539572 |
|  | Saputo, Inc. | 32126 | 776265 |
| \* | Shopify, Inc. (SHOP <br> CN), Class A<br>| 9260 | 1610027 |
| \* | Shopify, Inc. (SHOP <br> US), Class A<br>| 57996 | 10083185 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Stantec, Inc. (STN <br> CN)<br>| 43878 | $4859100 |
|  | Stantec, Inc. (STN <br> US)<br>| 2600 | 288288 |
|  | Sun Life Financial, Inc. <br> (SLF CN)<br>| 133113 | 8096588 |
|  | Sun Life Financial, Inc. <br> (SLF US)<br>| 118355 | 7203085 |
|  | Suncor Energy, Inc. <br> (SU US)<br>| 571832 | 22764632 |
|  | TC Energy Corp. (TRP <br> US)<br>| 195287 | 9795596 |
|  | Teck Resources Ltd. <br> (TECK US), Class B<br>| 201224 | 8636534 |
|  | TELUS Corp. | 81584 | 1193033 |
|  | TFI International, Inc. <br> (TFII US)<br>| 2 | 179 |
| # | Thomson Reuters <br> Corp. (TRI US)<br>| 16507 | 2526561 |
|  | TMX Group Ltd. | 89105 | 3286444 |
|  | Toromont Industries <br> Ltd.<br>| 9296 | 1116872 |
|  | Toronto-Dominion Bank <br> (TD CN)<br>| 95463 | 7838237 |
| # | Toronto-Dominion Bank <br> (TD US)<br>| 269229 | 22111778 |
|  | Tourmaline Oil Corp. | 202586 | 8910577 |
|  | Waste Connections, <br> Inc. (WCN CN)<br>| 25531 | 4281805 |
|  | Waste Connections, <br> Inc. (WCN US)<br>| 62470 | 10474939 |
|  | West Fraser Timber <br> Co. Ltd. (WFG CN)<br>| 10658 | 650476 |
|  | Wheaton Precious <br> Metals Corp. (WPM <br> US)<br>| 43015 | 4151808 |
| # | Whitecap Resources, <br> Inc.<br>| 434285 | 3232637 |
|  | WSP Global, Inc. | 43255 | 8269506 |
| TOTAL CANADA | TOTAL CANADA |  | 783982529 |
| DENMARK — (1.8%) | DENMARK — (1.8%) | DENMARK — (1.8%) | DENMARK — (1.8%) |
|  | AP Moller - Maersk AS <br> (MAERSKA DC), <br> Class A<br>| 1284 | 2646523 |
|  | AP Moller - Maersk AS <br> (MAERSKB DC), <br> Class B<br>| 1731 | 3558810 |
|  | Carlsberg AS, Class B | 49267 | 5792791 |
| # | Coloplast AS, Class B | 44703 | 4043136 |
|  | Danske Bank AS | 264432 | 11818312 |
| #\* | Demant AS | 38017 | 1264831 |
| # | DSV AS | 52173 | 11134150 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
| \* | Genmab AS (GMAB <br> DC)<br>| 26584 | $7582496 |
| #\* | Genmab AS (GMAB <br> US), Sponsored <br> ADR<br>| 1009 | 28868 |
|  | Novo Nordisk AS <br> (NOVOB DC), <br> Class B<br>| 923030 | 45442309 |
| # | Novonesis Novozymes <br> B, Class B<br>| 195607 | 11689397 |
| \*Ω | Orsted AS | 219370 | 3928751 |
|  | Pandora AS | 56731 | 7591100 |
|  | Rockwool AS, Class A | 430 | 14728 |
|  | Rockwool AS, Class B | 30549 | 1046782 |
| # | Tryg AS | 201083 | 4956491 |
|  | Vestas Wind Systems <br> AS<br>| 333053 | 6811634 |
| TOTAL DENMARK | TOTAL DENMARK |  | 129351109 |
| FINLAND — (1.0%) | FINLAND — (1.0%) | FINLAND — (1.0%) | FINLAND — (1.0%) |
| # | Fortum OYJ | 211567 | 4717927 |
|  | Kesko OYJ (KESKOA <br> FH), Class A<br>| 13251 | 283240 |
|  | Kone OYJ, Class B | 109489 | 7315292 |
| # | Metso OYJ | 47301 | 775689 |
|  | Neste OYJ | 42462 | 879841 |
| # | Nokia OYJ (NOK US), <br> Sponsored ADR<br>| 224074 | 1548351 |
|  | Nokia OYJ (NOKIA <br> FH)<br>| 1564193 | 10669824 |
|  | Nokia OYJ (NOKIA <br> FP)<br>| 268823 | 1824050 |
|  | Nordea Bank Abp <br> (NDA FH)<br>| 816647 | 13970220 |
|  | Nordea Bank Abp <br> (NDA SS)<br>| 598154 | 10221050 |
|  | Sampo OYJ, Class A | 752238 | 8384691 |
| # | UPM-Kymmene OYJ | 175918 | 4720284 |
|  | Wartsila OYJ Abp | 283201 | 9265514 |
| TOTAL FINLAND | TOTAL FINLAND |  | 74575973 |
| FRANCE — (8.5%) | FRANCE — (8.5%) | FRANCE — (8.5%) | FRANCE — (8.5%) |
|  | Accor SA | 40652 | 2068083 |
|  | Aeroports de Paris SA | 14111 | 1935761 |
|  | Air Liquide SA | 116240 | 22496958 |
|  | Airbus SE | 134972 | 33280185 |
| \* | Alstom SA | 45563 | 1139420 |
| Ω | Amundi SA | 28160 | 2087568 |
|  | AXA SA | 402621 | 17469083 |
|  | BioMerieux | 19678 | 2533555 |
|  | BNP Paribas SA | 230011 | 17816181 |
|  | Bollore SE | 356077 | 1982772 |
|  | Bouygues SA | 126311 | 5701439 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Bureau Veritas SA | 168692 | $5543630 |
|  | Capgemini SE | 56464 | 8686726 |
|  | Carrefour SA | 57895 | 871953 |
|  | Cie de Saint-Gobain <br> SA<br>| 185238 | 17979571 |
|  | Cie Generale des <br> Etablissements <br> Michelin SCA<br>| 390422 | 12472190 |
|  | Credit Agricole SA | 260750 | 4706895 |
|  | Danone SA | 135858 | 11998519 |
|  | Dassault Aviation SA | 8931 | 2877971 |
|  | Dassault Systemes <br> SE<br>| 150671 | 4287756 |
|  | Eiffage SA | 19757 | 2431094 |
|  | Engie SA | 930761 | 21791862 |
|  | EssilorLuxottica SA | 55442 | 20303894 |
|  | Eurofins Scientific SE | 64008 | 4514451 |
| Ω | Euronext NV | 37614 | 5375482 |
|  | Getlink SE | 88747 | 1619918 |
|  | Hermes International <br> SCA<br>| 9337 | 23104023 |
|  | Ipsen SA | 8737 | 1227821 |
|  | Kering SA | 24514 | 8705335 |
|  | Legrand SA | 92375 | 15952027 |
|  | L'Oreal SA | 48037 | 20046383 |
|  | LVMH Moet Hennessy <br> Louis Vuitton SE<br>| 85031 | 60101832 |
|  | Orange SA (ORA FP) | 1251477 | 20019082 |
|  | Pernod Ricard SA | 58318 | 5711694 |
|  | Publicis Groupe SA <br> (PUB FP)<br>| 104028 | 10426634 |
|  | Renault SA | 28698 | 1115181 |
|  | Safran SA | 106656 | 37896830 |
|  | Sanofi SA (SAN FP) | 216767 | 21928752 |
|  | Sartorius Stedim <br> Biotech<br>| 5431 | 1298929 |
|  | Schneider Electric SE <br> (0NWV LI)<br>| 935 | 264051 |
|  | Schneider Electric SE <br> (SU FP)<br>| 100339 | 28589569 |
|  | Societe Generale SA | 324830 | 20600916 |
|  | Sodexo SA | 8172 | 452487 |
|  | Sodexo, Inc. | 16625 | 920581 |
|  | STMicroelectronics NV <br> (STM FP)<br>| 178896 | 4392949 |
| # | STMicroelectronics NV <br> (STM US)<br>| 187899 | 4597889 |
|  | Thales SA | 22965 | 6548534 |
|  | TotalEnergies SE (TTE <br> FP)<br>| 877774 | 54803838 |
| # | TotalEnergies SE (TTE <br> US), Sponsored <br> ADR<br>| 8024 | 499414 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Veolia Environnement <br> SA (VEOEY US), <br> ADR<br>| 34172 | $563325 |
|  | Veolia Environnement <br> SA (VIE FP)<br>| 229655 | 7589432 |
|  | Vinci SA | 200949 | 26870147 |
|  | Vivendi SE | 158118 | 569538 |
| TOTAL FRANCE | TOTAL FRANCE |  | 618770110 |
| GERMANY — (7.5%) | GERMANY — (7.5%) | GERMANY — (7.5%) | GERMANY — (7.5%) |
|  | adidas AG | 69786 | 13195303 |
|  | Allianz SE (ALIZY US), <br> ADR<br>| 69394 | 2788251 |
|  | Allianz SE (ALV GR) | 73809 | 29659526 |
| \* | Aumovio SE | 28783 | 1237492 |
|  | BASF SE | 436229 | 21524334 |
|  | Bayer AG | 500434 | 15565743 |
|  | Bayerische Motoren <br> Werke AG<br>| 130059 | 12127330 |
| # | Beiersdorf AG | 18394 | 1950022 |
|  | Commerzbank AG | 395488 | 14420633 |
|  | Continental AG | 57566 | 4398726 |
| \* | Covestro AG | 45142 | 3152975 |
|  | Daimler Truck Holding <br> AG<br>| 260984 | 10460933 |
| # | Deutsche Bank AG <br> (DB US)<br>| 502805 | 17985335 |
|  | Deutsche Bank AG <br> (DBK GR)<br>| 35499 | 1270870 |
|  | Deutsche Boerse AG | 76165 | 19288022 |
|  | Deutsche Lufthansa <br> AG<br>| 346934 | 3041534 |
|  | Deutsche Post AG | 429180 | 19719254 |
|  | Deutsche Telekom AG <br> (DTE GR)<br>| 1452446 | 44989763 |
|  | Deutsche Wohnen SE | 5324 | 132689 |
| Ω | DWS Group GmbH & <br> Co. KGaA<br>| 3206 | 205247 |
|  | E.ON SE | 1178430 | 21926311 |
|  | Fresenius Medical <br> Care AG (FME GR)<br>| 97884 | 5255122 |
|  | Fresenius SE & Co. <br> KGaA<br>| 186413 | 10726755 |
|  | GEA Group AG | 7510 | 537172 |
|  | Hannover Rueck SE | 23545 | 6721590 |
| #Ω | Hapag-Lloyd AG | 11070 | 1591658 |
|  | Heidelberg Materials <br> AG<br>| 77789 | 18249572 |
|  | Hella GmbH & Co. <br> KGaA<br>| 300 | 27926 |
|  | Henkel AG & Co. <br> KGaA<br>| 41920 | 3130313 |
| # | Hensoldt AG | 6966 | 742559 |
|  | HOCHTIEF AG | 8769 | 2517043 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | Infineon Technologies <br> AG (IFX GR)<br>| 524354 | $20813129 |
|  | Knorr-Bremse AG | 37399 | 3479901 |
|  | Mercedes-Benz Group <br> AG<br>| 190332 | 12349603 |
|  | Merck KGaA | 17732 | 2322778 |
|  | MTU Aero Engines AG | 24043 | 10507394 |
|  | Muenchener <br> Rueckversicherungs-Gesellschaft <br> AG in Muenchen<br>| 46347 | 28674605 |
|  | Nemetschek SE | 37203 | 4298826 |
|  | Qiagen NV | 11089 | 521945 |
|  | Rheinmetall AG | 17893 | 35173776 |
|  | RWE AG | 241954 | 11911520 |
|  | SAP SE (SAP GR) | 129747 | 33743608 |
|  | Siemens AG (SIE GR) | 118417 | 33559046 |
| \* | Siemens Energy AG | 178818 | 22278095 |
| Ω | Siemens Healthineers <br> AG<br>| 63938 | 3583721 |
|  | Symrise AG | 6462 | 534401 |
| \* | Talanx AG | 39645 | 4827623 |
|  | Volkswagen AG | 12177 | 1284452 |
| # | Vonovia SE | 251595 | 7561876 |
| TOTAL GERMANY | TOTAL GERMANY |  | 545966302 |
| HONG KONG — (1.7%) | HONG KONG — (1.7%) | HONG KONG — (1.7%) | HONG KONG — (1.7%) |
|  | AIA Group Ltd. | 3249000 | 31615141 |
|  | BOC Hong Kong <br> Holdings Ltd.<br>| 1008000 | 4953028 |
| Ω | Budweiser Brewing Co. <br> APAC Ltd.<br>| 477900 | 484754 |
|  | Cathay Pacific Airways <br> Ltd.<br>| 1108000 | 1577265 |
|  | CK Asset Holdings <br> Ltd.<br>| 718486 | 3554526 |
|  | CK Hutchison Holdings <br> Ltd.<br>| 829962 | 5503869 |
|  | CK Infrastructure <br> Holdings Ltd.<br>| 200500 | 1304123 |
|  | CLP Holdings Ltd. | 556900 | 4750003 |
|  | Galaxy Entertainment <br> Group Ltd.<br>| 630000 | 3138867 |
|  | Hang Seng Bank Ltd. | 184300 | 3592919 |
| # | Henderson Land <br> Development Co. <br> Ltd.<br>| 572571 | 2014162 |
|  | HK Electric <br> Investments & HK <br> Electric Investments <br> Ltd.<br>| 903500 | 702253 |
|  | HKT Trust & HKT Ltd. | 2862000 | 4179011 |
|  | Hong Kong & China <br> Gas Co. Ltd.<br>| 2510661 | 2336552 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Hong Kong Exchanges <br> & Clearing Ltd.<br>| 349451 | $19046088 |
| # | MTR Corp. Ltd. | 356814 | 1309039 |
|  | PCCW Ltd. | 599000 | 427907 |
|  | Power Assets Holdings <br> Ltd.<br>| 477707 | 3034749 |
|  | PRADA SpA | 178500 | 1053376 |
|  | Sands China Ltd. | 886400 | 2310185 |
| \* | Shandong Hi-Speed <br> Holdings Group Ltd.<br>| 123000 | 32660 |
| # | Sino Land Co. Ltd. | 1739584 | 2160799 |
|  | SITC International <br> Holdings Co. Ltd.<br>| 595000 | 2195352 |
|  | Sun Hung Kai <br> Properties Ltd.<br>| 274108 | 3335561 |
| # | Swire Pacific Ltd. (19 <br> HK), Class A<br>| 195000 | 1610567 |
|  | Swire Pacific Ltd. (87 <br> HK), Class B<br>| 262500 | 388958 |
|  | Swire Properties Ltd. | 358200 | 975835 |
|  | Techtronic Industries <br> Co. Ltd.<br>| 458000 | 5342115 |
| Ω | WH Group Ltd. | 5480735 | 5272010 |
|  | Wharf Real Estate <br> Investment Co. Ltd.<br>| 654609 | 1863160 |
|  | Xinyi Glass Holdings <br> Ltd.<br>| 225367 | 263573 |
| TOTAL HONG KONG | TOTAL HONG KONG |  | 120328407 |
| IRELAND — (0.4%) | IRELAND — (0.4%) | IRELAND — (0.4%) | IRELAND — (0.4%) |
|  | AIB Group PLC | 1000667 | 9222473 |
|  | Bank of Ireland Group <br> PLC<br>| 643649 | 10538446 |
|  | Kerry Group PLC <br> (KYGA ID), Class A<br>| 34643 | 3160230 |
|  | Kerry Group PLC <br> (KYGA LN), Class A<br>| 18318 | 1631367 |
|  | Kingspan Group PLC <br> (KSP ID)<br>| 66776 | 5000072 |
| TOTAL IRELAND | TOTAL IRELAND |  | 29552588 |
| ISRAEL — (1.1%) | ISRAEL — (1.1%) | ISRAEL — (1.1%) | ISRAEL — (1.1%) |
| \* | Airport City Ltd. | 27194 | 537522 |
|  | Alony Hetz Properties <br> & Investments Ltd.<br>| 64244 | 787661 |
|  | Amot Investments Ltd. | 82276 | 649564 |
|  | Ashtrom Group Ltd. | 20618 | 471082 |
|  | Aura Investments Ltd. | 29267 | 211107 |
|  | Azrieli Group Ltd. | 9244 | 975261 |
|  | Bank Hapoalim BM | 406787 | 8250722 |
|  | Bank Leumi Le-Israel <br> BM<br>| 544991 | 11061120 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
| \* | Bet Shemesh Engines <br> Holdings 1997 Ltd.<br>| 2093 | $431572 |
|  | Bezeq The Israeli <br> Telecommunication <br> Corp. Ltd.<br>| 747201 | 1530492 |
|  | Big Shopping Centers <br> Ltd.<br>| 4234 | 947182 |
| #\* | Camtek Ltd. | 6120 | 764810 |
| \* | Cellcom Israel Ltd. <br> (CEL IT)<br>| 7133 | 74358 |
|  | Clal Insurance <br> Enterprises Holdings <br> Ltd.<br>| 35551 | 1976821 |
|  | Delek Group Ltd. | 6339 | 1666630 |
|  | Delta Galil Ltd. | 1485 | 82911 |
| \* | El Al Israel Airlines | 37233 | 154718 |
|  | Elbit Systems Ltd. <br> (ESLT IT)<br>| 1836 | 869674 |
|  | Elbit Systems Ltd. <br> (ESLT US)<br>| 2 | 953 |
|  | Electra Ltd. | 19220 | 609047 |
|  | Energix-Renewable <br> Energies Ltd.<br>| 93195 | 430425 |
| \* | Enlight Renewable <br> Energy Ltd. (ENLT <br> IT)<br>| 17327 | 602281 |
| \* | Enlight Renewable <br> Energy Ltd. (ENLT <br> US)<br>| 5349 | 188285 |
| \* | Equital Ltd. | 467 | 22272 |
| \* | Fattal Holdings 1998 <br> Ltd.<br>| 4067 | 738185 |
|  | First International Bank <br> of Israel Ltd.<br>| 30269 | 2177007 |
|  | Formula Systems 1985 <br> Ltd. (FORTY IT)<br>| 4594 | 666892 |
|  | Harel Insurance <br> Investments & <br> Financial Services <br> Ltd.<br>| 76379 | 2662054 |
|  | Hilan Ltd. | 7611 | 599600 |
|  | ICL Group Ltd. | 186839 | 1223887 |
|  | Israel Canada TR Ltd. | 21739 | 113248 |
|  | Israel Discount Bank <br> Ltd., Class A<br>| 584920 | 5845564 |
|  | Kenon Holdings Ltd. | 8559 | 445812 |
|  | Matrix IT Ltd. | 21993 | 814480 |
|  | Mega Or Holdings Ltd. | 1463 | 89833 |
|  | Meitav Investment <br> House Ltd.<br>| 8806 | 277048 |
|  | Melisron Ltd. | 8604 | 1119940 |
|  | Menora Mivtachim <br> Holdings Ltd.<br>| 11343 | 1129874 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Migdal Insurance & <br> Financial Holdings <br> Ltd.<br>| 235484 | $845034 |
|  | Mivne Real Estate KD <br> Ltd.<br>| 258438 | 1141069 |
|  | Mizrahi Tefahot Bank <br> Ltd.<br>| 57619 | 3746246 |
| \* | Nayax Ltd. | 560 | 23413 |
|  | Next Vision Stabilized <br> Systems Ltd.<br>| 25973 | 1140315 |
| #\* | Nice Ltd. (NICE US), <br> Sponsored ADR<br>| 4996 | 682753 |
| \* | Nova Ltd. (NVMI IT) | 4380 | 1521438 |
|  | One Software <br> Technologies Ltd.<br>| 17883 | 480866 |
| \* | OPC Energy Ltd. | 43681 | 788013 |
|  | Partner <br> Communications Co. <br> Ltd.<br>| 93536 | 928713 |
|  | Paz Retail & Energy <br> Ltd.<br>| 4751 | 1014977 |
|  | Phoenix Financial Ltd. | 125395 | 4827334 |
|  | Shapir Engineering & <br> Industry Ltd.<br>| 41311 | 369447 |
| #\* | Shikun & Binui Ltd. | 128304 | 714690 |
|  | Shufersal Ltd. | 101896 | 1266360 |
|  | Strauss Group Ltd. | 14893 | 419382 |
|  | Tel Aviv Stock <br> Exchange Ltd.<br>| 46918 | 1092204 |
| \* | Teva Pharmaceutical <br> Industries Ltd. <br> (TEVA IT)<br>| 64613 | 1323041 |
| \* | Teva Pharmaceutical <br> Industries Ltd. <br> (TEVA US), <br> Sponsored ADR<br>| 271359 | 5557432 |
| \* | Tower Semiconductor <br> Ltd. (TSEM IT)<br>| 32643 | 2698086 |
|  | YH Dimri Construction <br> & Development Ltd.<br>| 2938 | 354508 |
| TOTAL ISRAEL | TOTAL ISRAEL |  | 82135215 |
| ITALY — (2.7%) | ITALY — (2.7%) | ITALY — (2.7%) | ITALY — (2.7%) |
|  | Banca Mediolanum <br> SpA<br>| 106595 | 2143035 |
| # | Banca Monte dei <br> Paschi di Siena <br> SpA<br>| 649195 | 5693751 |
|  | Banco BPM SpA | 655081 | 9544165 |
| # | BPER Banca SpA | 535921 | 6421349 |
|  | Enel SpA | 2618188 | 26484955 |
|  | Eni SpA (ENI IM) | 919631 | 16957511 |
|  | Ferrari NV (RACE IM) | 35703 | 14297799 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  | Ferrari NV (RACE US) | 65 | $26257 |
|  | FinecoBank Banca <br> Fineco SpA<br>| 277025 | 6338372 |
|  | Generali | 131581 | 5065327 |
|  | Intesa Sanpaolo SpA | 3631944 | 23409110 |
|  | Leonardo SpA | 132436 | 7791830 |
|  | Moncler SpA | 88254 | 5294300 |
| Ω | Poste Italiane SpA | 154290 | 3719916 |
|  | Prysmian SpA | 75797 | 7902877 |
|  | Recordati Industria <br> Chimica e <br> Farmaceutica SpA<br>| 26859 | 1598695 |
|  | Snam SpA | 560200 | 3455098 |
|  | Stellantis NV (STLA <br> UX)<br>| 26989 | 273668 |
|  | Stellantis NV (STLAM <br> IM)<br>| 852765 | 8672489 |
| \* | Telecom Italia SpA <br> (TIIAY US), <br> Sponsored ADR<br>| 29746 | 178179 |
|  | Tenaris SA (TEN IM) | 115521 | 2295964 |
| # | Tenaris SA (TS US), <br> ADR<br>| 13804 | 549399 |
|  | Terna - Rete Elettrica <br> Nazionale<br>| 542720 | 5565090 |
|  | UniCredit SpA | 445899 | 33017310 |
| # | Unipol Assicurazioni <br> SpA<br>| 78658 | 1722085 |
| TOTAL ITALY | TOTAL ITALY |  | 198418531 |
| JAPAN — (21.9%) | JAPAN — (21.9%) | JAPAN — (21.9%) | JAPAN — (21.9%) |
|  | ABC-Mart, Inc. | 35500 | 608178 |
|  | Acom Co. Ltd. | 211300 | 602368 |
|  | Advantest Corp. | 232400 | 34800923 |
|  | Aeon Co. Ltd. | 510033 | 8067039 |
| # | AGC, Inc. | 105400 | 3293014 |
|  | Air Water, Inc. | 136100 | 1900664 |
|  | Aisin Corp. | 248400 | 4463796 |
|  | Ajinomoto Co., Inc. | 218500 | 6197163 |
|  | ALSOK Co. Ltd. | 219600 | 1500933 |
|  | Amada Co. Ltd. | 164800 | 1965179 |
|  | ANA Holdings, Inc. | 54100 | 1013952 |
|  | Asahi Group Holdings <br> Ltd.<br>| 576700 | 6217876 |
|  | Asahi Intecc Co. Ltd. | 80100 | 1270170 |
|  | Asahi Kasei Corp. | 656912 | 5033337 |
|  | Asics Corp. | 249300 | 6348216 |
|  | Astellas Pharma, Inc. | 788975 | 8258696 |
|  | Azbil Corp. | 177500 | 1749686 |
|  | Bandai Namco <br> Holdings, Inc.<br>| 160600 | 4998255 |
|  | BayCurrent, Inc. | 61700 | 2829809 |
|  | BIPROGY, Inc. | 49200 | 1987257 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Blue Zones Holdings <br> Co. Ltd.<br>| 6100 | $310450 |
|  | Bridgestone Corp. | 225113 | 9827335 |
|  | Brother Industries Ltd. | 148000 | 2519066 |
|  | Canon Marketing <br> Japan, Inc.<br>| 28600 | 1190926 |
| # | Canon, Inc. (7751 JP) | 287200 | 8247758 |
|  | Canon, Inc. (CAJ US), <br> Sponsored ADR<br>| 19755 | 566771 |
|  | Capcom Co. Ltd. | 118700 | 3099625 |
|  | Central Japan Railway <br> Co.<br>| 182765 | 4474400 |
|  | Chiba Bank Ltd.  | 198137 | 1933368 |
|  | Chubu Electric Power <br> Co., Inc.<br>| 231799 | 3223340 |
|  | Chugai Pharmaceutical <br> Co. Ltd.<br>| 183900 | 8416685 |
|  | Coca-Cola Bottlers <br> Japan Holdings, Inc.<br>| 18522 | 296407 |
|  | COMSYS Holdings <br> Corp.<br>| 60800 | 1533222 |
|  | Cosmo Energy <br> Holdings Co. Ltd.<br>| 95688 | 2185072 |
|  | Cosmos <br> Pharmaceutical <br> Corp.<br>| 15800 | 706914 |
|  | Credit Saison Co. Ltd. | 112400 | 2738120 |
|  | CyberAgent, Inc. | 165800 | 1652737 |
|  | Dai Nippon Printing <br> Co. Ltd.<br>| 161200 | 2690488 |
|  | Daicel Corp. | 5700 | 49043 |
|  | Daifuku Co. Ltd. | 103284 | 3292362 |
|  | Dai-ichi Life Holdings, <br> Inc.<br>| 1198600 | 8412967 |
|  | Daiichi Sankyo Co. <br> Ltd.<br>| 243538 | 5817664 |
|  | Daikin Industries Ltd. | 88600 | 10293549 |
|  | Daito Trust <br> Construction Co. <br> Ltd.<br>| 131500 | 2458531 |
|  | Daiwa House Industry <br> Co. Ltd.<br>| 228500 | 7752559 |
|  | Daiwa Securities <br> Group, Inc.<br>| 513300 | 3950332 |
|  | Denso Corp. | 438100 | 6121037 |
| # | Dentsu Group, Inc. | 81182 | 1607797 |
|  | Dentsu Soken, Inc. | 200 | 9904 |
|  | Disco Corp. | 28200 | 9364739 |
| # | DMG Mori Co. Ltd. | 42000 | 651397 |
|  | East Japan Railway <br> Co.<br>| 223200 | 5451658 |
|  | Ebara Corp. | 200000 | 5333464 |
|  | Eisai Co. Ltd. | 70200 | 2084981 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Electric Power <br> Development Co. <br> Ltd.<br>| 24700 | $469442 |
|  | ENEOS Holdings, Inc. | 1399470 | 8828855 |
|  | EXEO Group, Inc. | 28300 | 408164 |
|  | FANUC Corp. | 107400 | 3584091 |
|  | Fast Retailing Co. Ltd. | 52500 | 19273786 |
|  | Food & Life Cos. Ltd. | 49400 | 2409405 |
|  | Fuji Electric Co. Ltd. | 57400 | 4099586 |
|  | Fuji Media Holdings, <br> Inc.<br>| 23019 | 513796 |
|  | FUJIFILM Holdings <br> Corp.<br>| 263000 | 6095468 |
|  | Fujikura Ltd. | 89600 | 12201192 |
|  | Fujitsu Ltd. | 400540 | 10438248 |
|  | Fukuoka Financial <br> Group, Inc.<br>| 79500 | 2310299 |
|  | Furukawa Electric Co. <br> Ltd.<br>| 23100 | 1635149 |
|  | Fuyo General Lease <br> Co. Ltd.<br>| 4200 | 109807 |
|  | GMO Payment <br> Gateway, Inc.<br>| 19502 | 1063840 |
|  | Gunma Bank Ltd. | 118391 | 1230630 |
|  | Hachijuni Bank Ltd. | 190571 | 1919649 |
|  | Hakuhodo DY <br> Holdings, Inc.<br>| 70200 | 508133 |
|  | Hamamatsu Photonics <br> KK<br>| 107700 | 1205509 |
|  | Hankyu Hanshin <br> Holdings, Inc.<br>| 89948 | 2415461 |
|  | Haseko Corp. | 178400 | 2880979 |
|  | Hikari Tsushin, Inc. | 5600 | 1483363 |
|  | Hirose Electric Co. <br> Ltd.<br>| 14700 | 1969318 |
|  | Hitachi Construction <br> Machinery Co. Ltd.<br>| 64600 | 2102533 |
|  | Hitachi Ltd. (6501 JP) | 1333175 | 45539898 |
|  | Honda Motor Co. Ltd. <br> (7267 JP)<br>| 1133907 | 11460674 |
| # | Honda Motor Co. Ltd. <br> (HMC US), <br> Sponsored ADR<br>| 13282 | 405101 |
|  | Horiba Ltd. | 9000 | 836173 |
|  | Hoshizaki Corp. | 33600 | 1182223 |
|  | Hoya Corp. | 107200 | 17412711 |
| # | Hulic Co. Ltd. | 183200 | 1892705 |
|  | Ibiden Co. Ltd. | 51358 | 4834048 |
|  | Idemitsu Kosan Co. <br> Ltd.<br>| 502795 | 3496311 |
|  | IHI Corp. | 369600 | 7652232 |
|  | Iida Group Holdings <br> Co. Ltd.<br>| 73650 | 1127829 |
|  | Inpex Corp. | 501917 | 9261433 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Internet Initiative <br> Japan, Inc.<br>| 40800 | $736134 |
|  | Isetan Mitsukoshi <br> Holdings Ltd.<br>| 137580 | 2159192 |
|  | Isuzu Motors Ltd. | 424293 | 5206195 |
|  | ITOCHU Corp. | 244000 | 14133273 |
|  | Iyogin Holdings, Inc. | 69100 | 1079749 |
|  | J Front Retailing Co. <br> Ltd.<br>| 161300 | 2426058 |
|  | Japan Airlines Co. Ltd. | 85800 | 1545721 |
|  | Japan Airport Terminal <br> Co. Ltd.<br>| 13300 | 413250 |
|  | Japan Exchange <br> Group, Inc.<br>| 370000 | 4125930 |
|  | Japan Post Bank Co. <br> Ltd.<br>| 199800 | 2238775 |
|  | Japan Post Holdings <br> Co. Ltd.<br>| 490590 | 4597344 |
|  | Japan Post Insurance <br> Co. Ltd.<br>| 65500 | 1693981 |
|  | Japan Steel Works <br> Ltd.<br>| 22700 | 1486695 |
|  | Japan Tobacco, Inc. | 205700 | 7165124 |
|  | JFE Holdings, Inc. | 310596 | 3559497 |
|  | JTEKT Corp. | 45664 | 456825 |
|  | Kadokawa Corp. | 30600 | 687005 |
|  | Kajima Corp. | 166500 | 5367589 |
|  | Kakaku.com, Inc. | 58799 | 1045300 |
|  | Kamigumi Co. Ltd. | 19200 | 576350 |
|  | Kandenko Co. Ltd. | 43000 | 1314173 |
|  | Kansai Electric Power <br> Co., Inc. <br>| 326500 | 5093449 |
|  | Kansai Paint Co. Ltd. | 13500 | 216680 |
|  | Kao Corp. | 157300 | 6656877 |
|  | Kawasaki Heavy <br> Industries Ltd.<br>| 73100 | 5853599 |
| # | Kawasaki Kisen Kaisha <br> Ltd.<br>| 171600 | 2458607 |
|  | KDDI Corp. | 1220600 | 19456790 |
|  | Keikyu Corp. | 17195 | 160415 |
|  | Keisei Electric Railway <br> Co. Ltd.<br>| 152373 | 1216165 |
|  | Kewpie Corp. | 53000 | 1470617 |
|  | Keyence Corp. | 26304 | 9762322 |
|  | Kikkoman Corp. | 221600 | 1764608 |
|  | Kinden Corp. | 62300 | 2495560 |
|  | Kintetsu Group <br> Holdings Co. Ltd.<br>| 77028 | 1461761 |
|  | Kirin Holdings Co. Ltd. | 266900 | 3753340 |
| # | Kobe Bussan Co. Ltd. | 55100 | 1278546 |
|  | Kobe Steel Ltd. | 260200 | 3062389 |
|  | Koei Tecmo Holdings <br> Co. Ltd.<br>| 23424 | 315286 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Koito Manufacturing <br> Co. Ltd.<br>| 98500 | $1466686 |
|  | Kokusai Electric Corp. | 19500 | 712558 |
|  | Komatsu Ltd. | 298500 | 9985108 |
|  | Konami Group Corp. | 27400 | 4563064 |
|  | Kraftia Corp. | 12032 | 636467 |
|  | Kubota Corp. (6326 <br> JP)<br>| 405645 | 5251950 |
|  | Kuraray Co. Ltd. | 222000 | 2405715 |
|  | Kurita Water Industries <br> Ltd.<br>| 50400 | 1909352 |
|  | Kyocera Corp. | 440060 | 5839331 |
|  | Kyoto Financial Group, <br> Inc.<br>| 111152 | 2251758 |
|  | Kyowa Kirin Co. Ltd. | 91400 | 1415241 |
|  | Kyushu Electric Power <br> Co., Inc.<br>| 186400 | 1829379 |
|  | Kyushu Financial <br> Group, Inc.<br>| 33300 | 190855 |
|  | Kyushu Railway Co. | 65500 | 1661134 |
| # | Lasertec Corp. | 31300 | 6354909 |
|  | Lion Corp. | 14600 | 143869 |
|  | Lixil Corp. | 164140 | 1819258 |
|  | LY Corp. | 608800 | 1788968 |
|  | M3, Inc. | 149500 | 2095220 |
|  | Makita Corp. (6586 <br> JP)<br>| 79100 | 2391299 |
|  | Marubeni Corp. | 272100 | 6687135 |
|  | Marui Group Co. Ltd. | 91200 | 1749065 |
|  | Maruwa Co. Ltd. | 2100 | 593748 |
|  | MatsukiyoCocokara & <br> Co.<br>| 120440 | 2182084 |
|  | Mazda Motor Corp. | 345772 | 2382663 |
|  | McDonald's Holdings <br> Co. Japan Ltd.<br>| 26100 | 1021031 |
|  | Mebuki Financial <br> Group, Inc.<br>| 513249 | 3202474 |
|  | Medipal Holdings <br> Corp.<br>| 89050 | 1448880 |
|  | MEIJI Holdings Co. <br> Ltd.<br>| 104568 | 2012928 |
|  | Minebea Mitsumi, Inc. | 165900 | 3278808 |
|  | MISUMI Group, Inc. | 121200 | 1889632 |
|  | Mitsubishi Chemical <br> Group Corp.<br>| 806713 | 4213927 |
|  | Mitsubishi Corp. | 710900 | 17070592 |
|  | Mitsubishi Electric <br> Corp.<br>| 419700 | 11916369 |
|  | Mitsubishi Estate Co. <br> Ltd.<br>| 249653 | 5290615 |
|  | Mitsubishi Gas <br> Chemical Co., Inc.<br>| 87700 | 1622549 |
|  | Mitsubishi HC Capital, <br> Inc.<br>| 613970 | 4802883 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Mitsubishi Heavy <br> Industries Ltd.<br>| 570900 | $17235283 |
|  | Mitsubishi Logistics <br> Corp.<br>| 48200 | 349500 |
|  | Mitsubishi Motors <br> Corp.<br>| 429799 | 1047387 |
|  | Mitsubishi UFJ <br> Financial Group, Inc. <br> (8306 JP)<br>| 1749472 | 26426242 |
|  | Mitsubishi UFJ <br> Financial Group, Inc. <br> (MUFG US), <br> Sponsored ADR<br>| 527597 | 7982543 |
|  | Mitsui & Co. Ltd. (8031 <br> JP)<br>| 543510 | 13365791 |
|  | Mitsui & Co. Ltd. <br> (MITSY US), <br> Sponsored ADR<br>| 1044 | 511570 |
|  | Mitsui Chemicals, Inc. | 110600 | 2611150 |
|  | Mitsui E&S Co. Ltd. | 1200 | 48786 |
|  | Mitsui Fudosan Co. <br> Ltd.<br>| 532800 | 5547727 |
|  | Mitsui Kinzoku Co. <br> Ltd.<br>| 20302 | 2067911 |
| # | Mitsui OSK Lines Ltd. | 117900 | 3502999 |
|  | Mizuho Financial <br> Group, Inc. (8411 <br> JP)<br>| 501612 | 16801726 |
|  | Modec, Inc. | 6000 | 389214 |
|  | MonotaRO Co. Ltd. | 90187 | 1258298 |
|  | MS&AD Insurance <br> Group Holdings, <br> Inc.<br>| 421385 | 8686624 |
|  | Murata Manufacturing <br> Co. Ltd.<br>| 419700 | 9049115 |
|  | NEC Corp. | 297870 | 10818649 |
|  | Nexon Co. Ltd. | 106800 | 2178131 |
|  | NGK Insulators Ltd. | 134012 | 2260990 |
|  | NH Foods Ltd. | 49000 | 1809705 |
|  | NHK Spring Co. Ltd. | 17800 | 333712 |
|  | NIDEC Corp. (6594 <br> JP)<br>| 246944 | 3004512 |
|  | Nifco, Inc. | 6700 | 194163 |
|  | Nikon Corp. | 137200 | 1600119 |
|  | Nintendo Co. Ltd. | 83300 | 7104648 |
|  | Nippon Express <br> Holdings, Inc.<br>| 162000 | 3446595 |
|  | Nippon Paint Holdings <br> Co. Ltd.<br>| 324200 | 2062244 |
|  | Nippon Sanso <br> Holdings Corp.<br>| 83000 | 2756580 |
|  | Nippon Steel Corp. | 1458010 | 6009957 |
|  | Nippon Television <br> Holdings, Inc.<br>| 9700 | 235346 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nippon Yusen KK | 142800 | $4931360 |
|  | Nissan Chemical <br> Corp.<br>| 58167 | 1965210 |
| \* | Nissan Motor Co. Ltd. | 915900 | 2093503 |
|  | Nisshin Seifun Group, <br> Inc.<br>| 81370 | 919928 |
| # | Nissin Foods Holdings <br> Co. Ltd.<br>| 73100 | 1319590 |
|  | Niterra Co. Ltd. | 94800 | 3888988 |
|  | Nitori Holdings Co. <br> Ltd.<br>| 157625 | 2553871 |
|  | Nitto Denko Corp. | 342200 | 8522441 |
|  | NOF Corp. | 101400 | 1804366 |
|  | Nomura Holdings, Inc. <br> (8604 JP)<br>| 619100 | 4417959 |
|  | Nomura Holdings, Inc. <br> (NMR US), <br> Sponsored ADR<br>| 247991 | 1765696 |
|  | Nomura Real Estate <br> Holdings, Inc.<br>| 320500 | 1830334 |
|  | Nomura Research <br> Institute Ltd.<br>| 134834 | 5206352 |
| # | NS Solutions Corp. | 33800 | 851653 |
|  | NTT, Inc. | 7319800 | 7533931 |
|  | Obayashi Corp. | 292800 | 4953427 |
|  | OBIC Business <br> Consultants Co. Ltd.<br>| 9700 | 555134 |
|  | Obic Co. Ltd. | 92500 | 2869449 |
|  | Odakyu Electric <br> Railway Co. Ltd.<br>| 126300 | 1335787 |
|  | Oji Holdings Corp. | 472500 | 2383943 |
|  | Olympus Corp. | 510400 | 6281474 |
|  | Omron Corp. | 59900 | 1670297 |
|  | Ono Pharmaceutical <br> Co. Ltd.<br>| 153252 | 1870197 |
|  | Open House Group <br> Co. Ltd.<br>| 56200 | 2704509 |
|  | Oracle Corp. Japan | 12652 | 1166386 |
|  | Organo Corp. | 3000 | 257457 |
|  | Oriental Land Co. Ltd. | 202700 | 4102175 |
|  | ORIX Corp. (8591 JP) | 343700 | 8407600 |
|  | Osaka Gas Co. Ltd. | 131100 | 4125041 |
|  | Otsuka Corp. | 81200 | 1605329 |
|  | Otsuka Holdings Co. <br> Ltd.<br>| 124900 | 6797556 |
|  | Pan Pacific <br> International <br> Holdings Corp.<br>| 702960 | 4181633 |
|  | Panasonic Holdings <br> Corp.<br>| 685740 | 7967767 |
|  | Persol Holdings Co. <br> Ltd.<br>| 1105565 | 1833983 |
|  | Rakus Co. Ltd. | 43400 | 350360 |
| \* | Rakuten Bank Ltd. | 34300 | 1882636 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| \* | Rakuten Group, Inc. | 589913 | $3859331 |
|  | Recruit Holdings Co. <br> Ltd.<br>| 381000 | 18893003 |
|  | Renesas Electronics <br> Corp.<br>| 549700 | 6788557 |
|  | Resona Holdings, Inc. | 552231 | 5324100 |
|  | Resonac Holdings <br> Corp.<br>| 118700 | 4624519 |
|  | Ricoh Co. Ltd. | 270100 | 2317129 |
|  | Rinnai Corp. | 43500 | 985957 |
|  | Rohm Co. Ltd. | 144748 | 2317947 |
|  | Rohto Pharmaceutical <br> Co. Ltd.<br>| 60052 | 931411 |
|  | Ryohin Keikaku Co. <br> Ltd.<br>| 238400 | 4903736 |
|  | Sankyo Co. Ltd. | 133100 | 2308933 |
|  | Sankyu, Inc. | 9182 | 468834 |
|  | Sanrio Co. Ltd. | 71400 | 3304275 |
|  | Santen Pharmaceutical <br> Co. Ltd.<br>| 148192 | 1451951 |
|  | Sanwa Holdings Corp. | 119500 | 3258969 |
|  | Sapporo Holdings Ltd. | 22100 | 1062047 |
|  | SBI Holdings, Inc. | 112450 | 5025056 |
| # | SCREEN Holdings Co. <br> Ltd.<br>| 34900 | 3308439 |
|  | SCSK Corp. | 55699 | 2046750 |
|  | Secom Co. Ltd. | 114200 | 3860509 |
|  | Sega Sammy <br> Holdings, Inc.<br>| 93448 | 1729134 |
|  | Seibu Holdings, Inc. | 109000 | 3831135 |
|  | Seiko Epson Corp. | 163400 | 2070377 |
|  | Seino Holdings Co. <br> Ltd.<br>| 22900 | 323622 |
|  | Sekisui Chemical Co. <br> Ltd.<br>| 188700 | 3269092 |
|  | Sekisui House Ltd. | 230060 | 4935998 |
|  | Seven & i Holdings Co. <br> Ltd.<br>| 890228 | 11323517 |
|  | SG Holdings Co. Ltd. | 170100 | 1563322 |
| \* | Sharp Corp. | 130735 | 725731 |
|  | Shimadzu Corp. | 84000 | 2258379 |
|  | Shimamura Co. Ltd. | 23708 | 1528447 |
|  | Shimano, Inc. | 21000 | 2200083 |
|  | Shimizu Corp. | 237600 | 3189341 |
|  | Shin-Etsu Chemical <br> Co. Ltd.<br>| 559100 | 16805946 |
|  | Shionogi & Co. Ltd. | 256200 | 4297139 |
|  | Shiseido Co. Ltd. | 138591 | 2334406 |
|  | Shizuoka Financial <br> Group, Inc.<br>| 202870 | 2732175 |
|  | Skylark Holdings Co. <br> Ltd.<br>| 139100 | 2515971 |
|  | SMC Corp. | 13600 | 4655585 |
| # | Socionext, Inc. | 72102 | 1622623 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | SoftBank Corp. | 8604700 | $12227261 |
|  | SoftBank Group Corp. | 385476 | 67638903 |
|  | Sojitz Corp. | 107299 | 2846690 |
|  | Sompo Holdings, Inc. | 247182 | 7532986 |
| \* | Sony Financial Group, <br> Inc.<br>| 2236400 | 2255120 |
|  | Sony Group Corp. <br> (6758 JP)<br>| 2236400 | 62282799 |
|  | Square Enix Holdings <br> Co. Ltd.<br>| 72900 | 1410235 |
|  | Stanley Electric Co. <br> Ltd.<br>| 36200 | 711048 |
|  | Subaru Corp. | 332586 | 7075142 |
|  | Sugi Holdings Co. Ltd. | 63300 | 1367388 |
|  | SUMCO Corp. | 121600 | 1239203 |
|  | Sumitomo Chemical <br> Co. Ltd.<br>| 675649 | 1987303 |
|  | Sumitomo Corp. | 240000 | 6981826 |
|  | Sumitomo Electric <br> Industries Ltd.<br>| 353200 | 12876755 |
|  | Sumitomo Forestry Co. <br> Ltd.<br>| 291000 | 3027206 |
|  | Sumitomo Heavy <br> Industries Ltd.<br>| 9310 | 248917 |
|  | Sumitomo Metal <br> Mining Co. Ltd.<br>| 110236 | 3606088 |
|  | Sumitomo Mitsui <br> Financial Group, Inc. <br> (8316 JP)<br>| 814620 | 22054851 |
|  | Sumitomo Mitsui Trust <br> Group, Inc.<br>| 195080 | 5358183 |
| \* | Sumitomo Pharma Co. <br> Ltd.<br>| 5500 | 59961 |
|  | Sumitomo Realty & <br> Development Co. <br> Ltd.<br>| 120200 | 5132178 |
|  | Sumitomo Rubber <br> Industries Ltd.<br>| 87012 | 1019034 |
|  | Sundrug Co. Ltd. | 43000 | 1160580 |
| # | Suntory Beverage & <br> Food Ltd.<br>| 71700 | 2170335 |
|  | Suzuken Co. Ltd. | 10200 | 387361 |
|  | Suzuki Motor Corp. | 601200 | 8975237 |
|  | Sysmex Corp. | 204764 | 2282619 |
|  | T&D Holdings, Inc. | 172600 | 3706675 |
|  | Taiheiyo Cement <br> Corp.<br>| 7501 | 203513 |
|  | Taisei Corp. | 61700 | 4489374 |
|  | Takasago Thermal <br> Engineering Co. <br> Ltd.<br>| 11800 | 350155 |
|  | Takashimaya Co. Ltd. | 22800 | 243877 |
|  | Takeda Pharmaceutical <br> Co. Ltd. (4502 JP)<br>| 468997 | 12657053 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | TBS Holdings, Inc. | 17600 | $607685 |
|  | TDK Corp. (6762 JP) | 673510 | 11767703 |
|  | Terumo Corp. | 244900 | 3952910 |
|  | THK Co. Ltd. | 39800 | 1059775 |
|  | TIS, Inc. | 90799 | 3128101 |
|  | Tobu Railway Co. Ltd. | 73599 | 1187001 |
|  | Toei Animation Co. <br> Ltd.<br>| 18500 | 346727 |
|  | Toei Co. Ltd. | 9200 | 327048 |
|  | Toho Co. Ltd. (9602 <br> JP)<br>| 29400 | 1723335 |
|  | Toho Gas Co. Ltd. | 200 | 5972 |
|  | Tohoku Electric Power <br> Co., Inc.<br>| 206000 | 1409497 |
|  | Tokio Marine Holdings, <br> Inc. (8766 JP)<br>| 655243 | 24436088 |
|  | Tokyo Century Corp. | 122900 | 1450447 |
| \* | Tokyo Electric Power <br> Co. Holdings, Inc.<br>| 642472 | 3210726 |
|  | Tokyo Electron Ltd. | 131100 | 28903644 |
|  | Tokyo Gas Co. Ltd. | 126400 | 4435904 |
|  | Tokyo Ohka Kogyo Co. <br> Ltd.<br>| 47200 | 1722494 |
|  | Tokyo Tatemono Co. <br> Ltd.<br>| 122419 | 2285591 |
|  | Tokyu Corp. | 193118 | 2149014 |
|  | Tokyu Fudosan <br> Holdings Corp.<br>| 454800 | 3665090 |
|  | TOPPAN Holdings, <br> Inc.<br>| 100000 | 2445783 |
|  | Toray Industries, Inc. | 571293 | 3497701 |
|  | Tosoh Corp. | 133800 | 1907659 |
|  | TOTO Ltd. | 56500 | 1433100 |
|  | Toyo Seikan Group <br> Holdings Ltd.<br>| 72000 | 1616417 |
|  | Toyo Suisan Kaisha <br> Ltd.<br>| 26600 | 1928099 |
|  | Toyo Tire Corp. | 36512 | 997875 |
|  | Toyoda Gosei Co. Ltd. | 4800 | 111095 |
|  | Toyota Boshoku Corp. | 2619 | 39822 |
|  | Toyota Industries <br> Corp.<br>| 16500 | 1793585 |
|  | Toyota Motor Corp. <br> (7203 JP)<br>| 2968515 | 60519485 |
| # | Toyota Motor Corp. <br> (TM US), Sponsored <br> ADR<br>| 15100 | 3083269 |
|  | Toyota Tsusho Corp. | 247980 | 7579813 |
|  | Trend Micro, Inc. (4704 <br> JP)<br>| 47000 | 2398525 |
| # | Tsuruha Holdings, Inc. | 116000 | 2014077 |
|  | Unicharm Corp. | 411497 | 2546004 |
|  | USS Co. Ltd. | 181300 | 2001167 |
| \* | Visional, Inc. | 1800 | 124979 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Welcia Holdings Co. <br> Ltd.<br>| 37199 | $741855 |
|  | West Japan Railway <br> Co.<br>| 161700 | 3323278 |
|  | Workman Co. Ltd. | 1100 | 41374 |
| # | Yakult Honsha Co. <br> Ltd.<br>| 83100 | 1244074 |
|  | Yamada Holdings Co. <br> Ltd.<br>| 49900 | 150010 |
|  | Yamaguchi Financial <br> Group, Inc.<br>| 32400 | 371202 |
|  | Yamaha Corp. | 156600 | 988220 |
| # | Yamaha Motor Co. <br> Ltd.<br>| 567900 | 4091585 |
|  | Yamato Holdings Co. <br> Ltd.<br>| 95800 | 1400682 |
|  | Yamato Kogyo Co. <br> Ltd.<br>| 21200 | 1336267 |
|  | Yamazaki Baking Co. <br> Ltd.<br>| 54200 | 1065172 |
|  | Yaskawa Electric <br> Corp.<br>| 96400 | 2644088 |
|  | Yokogawa Electric <br> Corp.<br>| 76200 | 2279481 |
|  | Yokohama Financial <br> Group, Inc.<br>| 460464 | 3344918 |
|  | Yokohama Rubber Co. <br> Ltd. <br>| 91300 | 3258407 |
|  | Zensho Holdings Co. <br> Ltd.<br>| 34600 | 2154405 |
|  | ZOZO, Inc. | 157900 | 1364968 |
| TOTAL JAPAN | TOTAL JAPAN |  | 1597934959 |
| NETHERLANDS — (3.9%) | NETHERLANDS — (3.9%) | NETHERLANDS — (3.9%) | NETHERLANDS — (3.9%) |
| Ω | ABN AMRO Bank NV | 210945 | 6302754 |
| \*Ω | Adyen NV | 6585 | 11283293 |
| # | Aegon Ltd. (AEG US) | 109371 | 827939 |
|  | Aegon Ltd. (AGN NA) | 186432 | 1420747 |
|  | Akzo Nobel NV | 8086 | 534357 |
| # | ArcelorMittal SA (MT <br> US)<br>| 191470 | 7293115 |
|  | ASM International NV | 19135 | 12415641 |
|  | ASML Holding NV <br> (ASML NA)<br>| 30871 | 32639926 |
|  | ASML Holding NV <br> (ASML US)<br>| 67386 | 71377273 |
|  | ASR Nederland NV | 106539 | 7110268 |
|  | Coca-Cola Europacific <br> Partners PLC<br>| 102049 | 9090996 |
|  | HAL Trust | 5715 | 896990 |
|  | Heineken NV | 121147 | 9380691 |
|  | ING Groep NV (INGA <br> NA)<br>| 811477 | 20262308 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
|  | JDE Peet's NV | 19661 | $715544 |
|  | Koninklijke Ahold <br> Delhaize NV (AD <br> NA)<br>| 477963 | 19558169 |
|  | Koninklijke KPN NV | 2155437 | 9974201 |
| # | Koninklijke Philips NV <br> (PHG US)<br>| 175457 | 4793485 |
|  | Koninklijke Philips NV <br> (PHIA NA)<br>| 142434 | 3902006 |
|  | NN Group NV | 162562 | 11124906 |
|  | Prosus NV (PRX NA) | 247466 | 17104467 |
| # | Universal Music Group <br> NV<br>| 405450 | 10874971 |
|  | Wolters Kluwer NV | 112269 | 13762556 |
| TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 282646603 |
| NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) |
| # | a2 Milk Co. Ltd.  | 250340 | 1547049 |
|  | Auckland International <br> Airport Ltd.<br>| 337407 | 1570362 |
| # | Chorus Ltd. (CNU NZ) | 357248 | 1913081 |
|  | Contact Energy Ltd. | 342545 | 1826048 |
|  | EBOS Group Ltd. | 70263 | 1161923 |
|  | Fisher & Paykel <br> Healthcare Corp. <br> Ltd.<br>| 139336 | 2953936 |
| \* | Fletcher Building Ltd. <br> (FBU NZ)<br>| 494859 | 922481 |
|  | Fonterra Co-Operative <br> Group Ltd.<br>| 22286 | 104187 |
| # | Infratil Ltd. | 221183 | 1563327 |
|  | Mainfreight Ltd. | 32883 | 1134037 |
|  | Mercury NZ Ltd. | 205892 | 763249 |
|  | Meridian Energy Ltd. | 301810 | 1021739 |
| # | Port of Tauranga Ltd. | 117196 | 527576 |
|  | Spark New Zealand <br> Ltd.<br>| 663722 | 930492 |
|  | Summerset Group <br> Holdings Ltd.<br>| 22630 | 150091 |
|  | Vector Ltd. | 65942 | 189043 |
| TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 18278621 |
| NORWAY — (0.7%) | NORWAY — (0.7%) | NORWAY — (0.7%) | NORWAY — (0.7%) |
|  | Aker ASA, Class A | 6538 | 508033 |
|  | Aker BP ASA | 139159 | 3606574 |
|  | Austevoll Seafood <br> ASA<br>| 53414 | 501519 |
| #\*Ω | AutoStore Holdings <br> Ltd.<br>| 67198 | 65182 |
| # | Bakkafrost P | 10429 | 478875 |
|  | Borregaard ASA | 38026 | 720160 |
| Ω | BW LPG Ltd. | 74997 | 993164 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
| \* | Cadeler AS (CADLR <br> NO)<br>| 1148 | $5323 |
| \* | Cadeler AS (CDLR <br> US), ADR<br>| 8063 | 149407 |
| # | DNB Bank ASA | 220050 | 5616869 |
|  | DOF Group ASA | 5569 | 49925 |
| Ω | Entra ASA | 18738 | 208499 |
|  | Equinor ASA | 343106 | 8217832 |
| # | Frontline PLC | 61270 | 1498970 |
|  | Gjensidige Forsikring <br> ASA<br>| 34673 | 933128 |
| # | Golar LNG Ltd. | 6906 | 283491 |
|  | Hafnia Ltd. | 151063 | 941086 |
| # | Hoegh Autoliners ASA | 25624 | 229605 |
|  | Kongsberg Gruppen <br> ASA<br>| 88595 | 2258577 |
| # | Leroy Seafood Group <br> ASA<br>| 99660 | 469250 |
| # | Mowi ASA | 83404 | 1833474 |
| \* | Nordic Semiconductor <br> ASA<br>| 15453 | 223498 |
|  | Norsk Hydro ASA | 430562 | 2910841 |
|  | Odfjell Drilling Ltd. | 4203 | 33760 |
| # | Orkla ASA | 93852 | 953190 |
|  | Protector Forsikring <br> ASA<br>| 21986 | 990421 |
| # | Salmar ASA | 12699 | 713101 |
|  | SpareBank 1 <br> Sor-Norge ASA<br>| 79319 | 1365349 |
|  | Storebrand ASA | 257410 | 3989085 |
|  | Subsea 7 SA | 98067 | 1791031 |
|  | Telenor ASA | 127673 | 1898693 |
| # | TOMRA Systems ASA | 48940 | 597457 |
|  | Var Energi ASA | 189869 | 637938 |
|  | Veidekke ASA | 77541 | 1200549 |
| # | Vend Marketplaces <br> ASA, Class B<br>| 29391 | 1010364 |
|  | Wallenius Wilhelmsen <br> ASA<br>| 75368 | 589445 |
|  | Wilh Wilhelmsen <br> Holding ASA, <br> Class A<br>| 4508 | 227220 |
|  | Yara International ASA | 43860 | 1597912 |
| TOTAL NORWAY | TOTAL NORWAY |  | 50298797 |
| PORTUGAL — (0.3%) | PORTUGAL — (0.3%) | PORTUGAL — (0.3%) | PORTUGAL — (0.3%) |
|  | Banco Comercial <br> Portugues SA, <br> Class R<br>| 3972593 | 3506615 |
| # | EDP Renovaveis SA | 20462 | 299169 |
|  | EDP SA (EDP PL) | 1332631 | 6624695 |
|  | Galp Energia SGPS <br> SA<br>| 333437 | 6699106 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PORTUGAL — (Continued) | PORTUGAL — (Continued) | PORTUGAL — (Continued) | PORTUGAL — (Continued) |
|  | Jeronimo Martins <br> SGPS SA<br>| 117292 | $3020857 |
| TOTAL PORTUGAL | TOTAL PORTUGAL |  | 20150442 |
| SINGAPORE — (1.1%) | SINGAPORE — (1.1%) | SINGAPORE — (1.1%) | SINGAPORE — (1.1%) |
|  | CapitaLand Investment <br> Ltd.<br>| 922150 | 1868312 |
|  | DBS Group Holdings <br> Ltd.<br>| 567148 | 23481347 |
| # | Genting Singapore <br> Ltd.<br>| 2396700 | 1343467 |
|  | Hongkong Land <br> Holdings Ltd.<br>| 443000 | 2706871 |
|  | Jardine Cycle & <br> Carriage Ltd.<br>| 75310 | 1880459 |
|  | Keppel Ltd. | 497900 | 3893751 |
|  | Oversea-Chinese <br> Banking Corp. Ltd.<br>| 863257 | 11292608 |
|  | Seatrium Ltd. | 509148 | 849380 |
|  | Sembcorp Industries <br> Ltd.<br>| 511720 | 2563996 |
|  | Singapore Airlines Ltd. | 825900 | 4204257 |
|  | Singapore Exchange <br> Ltd.<br>| 336000 | 4359785 |
|  | Singapore <br> Technologies <br> Engineering Ltd.<br>| 564800 | 3679704 |
|  | Singapore <br> Telecommunications <br> Ltd.<br>| 599650 | 1957287 |
|  | United Overseas Bank <br> Ltd.<br>| 419865 | 11167339 |
|  | UOL Group Ltd. | 24866 | 151912 |
|  | Wilmar International <br> Ltd.<br>| 903900 | 2172168 |
|  | Yangzijiang <br> Shipbuilding <br> Holdings Ltd.<br>| 1504200 | 4062477 |
| TOTAL SINGAPORE | TOTAL SINGAPORE |  | 81635120 |
| SOUTH AFRICA — (0.0%) | SOUTH AFRICA — (0.0%) | SOUTH AFRICA — (0.0%) | SOUTH AFRICA — (0.0%) |
|  | Valterra Platinum Ltd. | 10367 | 633694 |
| SPAIN — (3.1%) | SPAIN — (3.1%) | SPAIN — (3.1%) | SPAIN — (3.1%) |
|  | ACS Actividades de <br> Construccion y <br> Servicios SA<br>| 123014 | 10100637 |
| Ω | Aena SME SA | 252570 | 6860096 |
|  | Amadeus IT Group SA | 160860 | 12296250 |
|  | Banco Bilbao Vizcaya <br> Argentaria SA <br> (BBVA SM)<br>| 1401013 | 28224913 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
|  | Banco Bilbao Vizcaya <br> Argentaria SA <br> (BBVA US), <br> Sponsored ADR<br>| 729514 | $14685117 |
|  | Banco de Sabadell SA | 2511975 | 9417131 |
|  | Banco Santander SA <br> (SAN SM)<br>| 4087130 | 41648613 |
|  | Bankinter SA | 218196 | 3289138 |
|  | CaixaBank SA | 1480865 | 15652359 |
| Ω | Cellnex Telecom SA | 130992 | 4078008 |
|  | Endesa SA | 108730 | 3897972 |
|  | Ferrovial SE | 171017 | 10494345 |
|  | Iberdrola SA | 1051463 | 21309206 |
| # | Industria de Diseno <br> Textil SA<br>| 322128 | 17788032 |
|  | Mapfre SA | 225194 | 994533 |
|  | Naturgy Energy Group <br> SA<br>| 80509 | 2438513 |
|  | Redeia Corp. SA | 77437 | 1394010 |
|  | Repsol SA (REP SM) | 482574 | 8854926 |
| # | Telefonica SA (TEF <br> SM)<br>| 2057219 | 10432513 |
|  | Telefonica SA (TEF <br> US), Sponsored <br> ADR<br>| 163106 | 823685 |
| TOTAL SPAIN | TOTAL SPAIN |  | 224679997 |
| SWEDEN — (2.7%) | SWEDEN — (2.7%) | SWEDEN — (2.7%) | SWEDEN — (2.7%) |
| # | AAK AB | 54219 | 1516107 |
|  | AddTech AB, Class B | 86646 | 2919163 |
|  | Alfa Laval AB | 60529 | 2876803 |
| \* | Asmodee Group AB, <br> Class B<br>| 26150 | 336993 |
|  | Assa Abloy AB, <br> Class B<br>| 199102 | 7503071 |
|  | Atlas Copco AB <br> (ATCOA SS), <br> Class A<br>| 671935 | 11258979 |
|  | Atlas Copco AB <br> (ATCOB SS), <br> Class B<br>| 412967 | 6177639 |
|  | Atrium Ljungberg AB, <br> Class B<br>| 49796 | 179256 |
|  | Avanza Bank Holding <br> AB<br>| 75308 | 2894430 |
|  | Axfood AB | 40005 | 1090102 |
|  | Beijer Ref AB | 86928 | 1373641 |
|  | Betsson AB, Class B | 71222 | 1109967 |
|  | Billerud Aktiebolag | 1372 | 12696 |
| \*Ω | BioArctic AB | 5071 | 156503 |
| \* | Boliden AB | 143974 | 6456148 |
|  | Bure Equity AB | 20638 | 604432 |
| \* | Camurus AB | 12768 | 839935 |
| # | Castellum AB | 127644 | 1451596 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
| # | Catena AB | 13056 | $632582 |
| \* | Embracer Group AB | 7157 | 74588 |
|  | Epiroc AB (EPIA SS), <br> Class A<br>| 177442 | 3741532 |
|  | Epiroc AB (EPIB SS), <br> Class B<br>| 99521 | 1857317 |
| # | EQT AB | 29688 | 1025945 |
|  | Essity AB (ESSITYA <br> SS), Class A<br>| 8605 | 236524 |
|  | Essity AB (ESSITYB <br> SS), Class B<br>| 162715 | 4469395 |
| Ω | Evolution AB | 41375 | 2756713 |
| # | Fabege AB | 92014 | 810837 |
| \* | Fastighets AB Balder, <br> Class B<br>| 219988 | 1613583 |
|  | Getinge AB, Class B | 79031 | 1851358 |
| # | H & M Hennes & <br> Mauritz AB, Class B<br>| 167436 | 3162216 |
|  | Hemnet Group AB | 9079 | 198156 |
|  | Hexagon AB, Class B | 359770 | 4385459 |
|  | Hexpol AB | 104843 | 953256 |
| \* | HMS Networks AB | 3483 | 193337 |
| # | Holmen AB (HOLMB <br> SS), Class B<br>| 30769 | 1162637 |
|  | Hufvudstaden AB, <br> Class A<br>| 9910 | 131716 |
|  | Husqvarna AB <br> (HUSQA SS), <br> Class A<br>| 12600 | 59861 |
| # | Husqvarna AB <br> (HUSQB SS), <br> Class B<br>| 124799 | 590929 |
|  | Indutrade AB | 83885 | 2242436 |
|  | Lagercrantz Group AB, <br> Class B<br>| 111522 | 2728356 |
|  | Lifco AB, Class B | 50995 | 1968887 |
|  | Loomis AB | 38043 | 1532579 |
|  | Medicover AB, <br> Class B<br>| 35267 | 958789 |
| Ω | Munters Group AB | 59686 | 1010161 |
|  | Mycronic AB | 85274 | 2000424 |
| # | Nibe Industrier AB, <br> Class B<br>| 370438 | 1441486 |
|  | Nordnet AB publ | 63240 | 1826073 |
|  | Pandox AB | 52404 | 1045545 |
|  | Peab AB, Class B | 37153 | 300682 |
|  | Saab AB, Class B | 46916 | 2581620 |
| # | Sagax AB (SAGAB <br> SS), Class B<br>| 72944 | 1636913 |
|  | Sandvik AB | 245661 | 7428659 |
|  | Sectra AB, Class B | 54337 | 1723687 |
|  | Securitas AB, Class B | 225286 | 3318655 |
| \*Ω | Sinch AB | 261484 | 946875 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Skandinaviska <br> Enskilda Banken AB <br> (SEBA SS), Class A<br>| 442167 | $8440780 |
|  | Skanska AB, Class B | 148452 | 4042646 |
|  | SKF AB (SKFA SS), <br> Class A<br>| 5065 | 132081 |
|  | SKF AB (SKFB SS), <br> Class B<br>| 161381 | 4136522 |
|  | SSAB AB (SSABA SS), <br> Class A<br>| 135094 | 854545 |
|  | SSAB AB (SSABB <br> SS), Class B<br>| 307719 | 1905363 |
|  | Svenska Cellulosa AB <br> SCA (SCAA SS), <br> Class A<br>| 8605 | 115228 |
|  | Svenska Cellulosa AB <br> SCA (SCAB SS), <br> Class B<br>| 204523 | 2724275 |
|  | Svenska <br> Handelsbanken AB <br> (SHBA SS), Class A<br>| 292444 | 3816198 |
| # | Svenska <br> Handelsbanken AB <br> (SHBB SS), Class B<br>| 3612 | 79104 |
|  | Sweco AB, Class B | 73964 | 1332720 |
|  | Swedbank AB, <br> Class A<br>| 244840 | 7433533 |
| \* | Swedish Orphan <br> Biovitrum AB<br>| 49859 | 1717805 |
|  | Tele2 AB, Class B | 284401 | 4517956 |
|  | Telefonaktiebolaget LM <br> Ericsson (ERICA <br> SS), Class A<br>| 17870 | 181581 |
|  | Telefonaktiebolaget LM <br> Ericsson (ERICB <br> SS), Class B<br>| 1161673 | 11786172 |
|  | Telia Co. AB | 1256555 | 4946640 |
| Ω | Thule Group AB | 34101 | 873681 |
|  | Trelleborg AB, Class B | 97629 | 4074275 |
|  | Volvo AB (VOLVA SS), <br> Class A<br>| 82123 | 2244202 |
|  | Volvo AB (VOLVB SS), <br> Class B<br>| 667761 | 18293344 |
| #\* | Volvo Car AB, Class B | 344095 | 1192342 |
| # | Wallenstam AB, <br> Class B<br>| 162936 | 753925 |
|  | Wihlborgs Fastigheter <br> AB<br>| 108561 | 1054940 |
| TOTAL SWEDEN | TOTAL SWEDEN |  | 200007087 |
| SWITZERLAND — (7.7%) | SWITZERLAND — (7.7%) | SWITZERLAND — (7.7%) | SWITZERLAND — (7.7%) |
|  | ABB Ltd. | 243177 | 18079606 |
| # | Alcon AG | 192210 | 14214902 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
| \* | Amrize Ltd. | 188609 | $9759744 |
|  | Baloise Holding AG | 3771 | 936494 |
|  | Belimo Holding AG | 1165 | 1256970 |
|  | BKW AG | 3719 | 832340 |
|  | Chocoladefabriken <br> Lindt & Spruengli <br> AG<br>| 35 | 5361486 |
|  | Cie Financiere <br> Richemont SA, <br> Class A<br>| 144014 | 28486772 |
|  | DSM-Firmenich AG | 14296 | 1165251 |
| # | EMS-Chemie Holding <br> AG<br>| 2147 | 1470545 |
|  | Galderma Group AG | 21592 | 4009894 |
|  | Geberit AG | 15624 | 11421516 |
|  | Givaudan SA | 2013 | 8246550 |
|  | Helvetia Holding AG | 6709 | 1648594 |
|  | Holcim AG (HOLN <br> SW)<br>| 223211 | 19843728 |
|  | Julius Baer Group Ltd. | 95062 | 6417495 |
|  | Kuehne & Nagel <br> International AG<br>| 17809 | 3416596 |
| # | Logitech International <br> SA (LOGI US)<br>| 33256 | 4009343 |
|  | Logitech International <br> SA (LOGN SW)<br>| 13924 | 1673922 |
|  | Lonza Group AG | 24189 | 16703266 |
|  | Nestle SA | 789261 | 75412658 |
|  | Novartis AG (NOVN <br> SW)<br>| 340245 | 42109285 |
|  | Novartis AG (NVS US), <br> Sponsored ADR<br>| 289165 | 35795735 |
|  | Partners Group <br> Holding AG<br>| 8371 | 10251266 |
|  | Roche Holding AG (RO <br> SW)<br>| 10773 | 3654885 |
|  | Roche Holding AG <br> (ROG SW)<br>| 238935 | 77395866 |
|  | Sandoz Group AG <br> (SDZ SW)<br>| 192877 | 12860419 |
|  | Sandoz Group AG <br> (SDZNY US), ADR<br>| 39056 | 2598369 |
|  | Schindler Holding AG | 9697 | 3277972 |
|  | SGS SA | 73924 | 8336394 |
|  | Sika AG | 48315 | 9469147 |
|  | Sonova Holding AG | 17883 | 4877949 |
|  | Straumann Holding <br> AG<br>| 37735 | 4743355 |
|  | Swiss Life Holding AG | 11762 | 12767087 |
|  | Swiss Prime Site AG | 12033 | 1710405 |
|  | Swiss Re AG | 147397 | 26914978 |
| # | Swisscom AG | 17356 | 12713664 |
| #\* | UBS Group AG (UBS <br> US)<br>| 255910 | 9816722 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | UBS Group AG (UBSG <br> SW)<br>| 411734 | $15755130 |
| #Ω | VAT Group AG | 6069 | 2652255 |
|  | Zurich Insurance <br> Group AG<br>| 41362 | 28766072 |
| TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 560834627 |
| UNITED KINGDOM — (12.5%) | UNITED KINGDOM — (12.5%) | UNITED KINGDOM — (12.5%) | UNITED KINGDOM — (12.5%) |
|  | 3i Group PLC | 223332 | 12924354 |
|  | Admiral Group PLC | 117642 | 5065335 |
| Ω | Airtel Africa PLC | 583935 | 2123582 |
|  | Anglo American PLC | 384014 | 14528256 |
|  | Antofagasta PLC | 112326 | 4122629 |
|  | Ashtead Group PLC | 199905 | 13352608 |
|  | Associated British <br> Foods PLC<br>| 142156 | 4289776 |
|  | AstraZeneca PLC <br> (AZN LN)<br>| 128443 | 21186484 |
|  | AstraZeneca PLC <br> (AZN US), <br> Sponsored ADR<br>| 527809 | 43491462 |
| Ω | Auto Trader Group <br> PLC<br>| 474580 | 4868755 |
|  | Aviva PLC | 959090 | 8429724 |
|  | BAE Systems PLC | 672735 | 16571796 |
|  | Barclays PLC (BARC <br> LN)<br>| 1697316 | 9103758 |
|  | Barclays PLC (BCS <br> US), Sponsored <br> ADR<br>| 319418 | 6864293 |
|  | Barratt Redrow PLC | 61358 | 303629 |
|  | Beazley PLC | 46456 | 568333 |
|  | BP PLC (BP LN) | 2286869 | 13398325 |
|  | BP PLC (BP US), <br> Sponsored ADR<br>| 748671 | 26300795 |
|  | British American <br> Tobacco PLC (BATS <br> LN)<br>| 442204 | 22647696 |
|  | British American <br> Tobacco PLC (BTI <br> US), Sponsored <br> ADR<br>| 39325 | 2013047 |
|  | BT Group PLC | 4308353 | 10514849 |
|  | Bunzl PLC | 94984 | 2887295 |
| \* | Canal & SA | 212124 | 667965 |
| \* | Carnival PLC (CCL <br> LN)<br>| 25473 | 661784 |
| \* | Carnival PLC (CUK <br> US), ADR<br>| 6337 | 164825 |
|  | Centrica PLC | 2668294 | 6288638 |
|  | Coca-Cola HBC AG | 77054 | 3496560 |
|  | Compass Group PLC | 437966 | 14496596 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
| # | Diageo PLC (DEO <br> US), Sponsored <br> ADR<br>| 67311 | $6198670 |
|  | Diageo PLC (DGE LN) | 169923 | 3908525 |
|  | Diploma PLC | 56315 | 4154526 |
|  | easyJet PLC | 41783 | 266024 |
|  | Entain PLC | 25047 | 260882 |
|  | Experian PLC | 341478 | 15928293 |
|  | Fresnillo PLC | 115106 | 3366062 |
|  | Games Workshop <br> Group PLC<br>| 1603 | 335681 |
|  | Glencore PLC | 3172321 | 15197208 |
|  | GSK PLC (GSK LN) | 727744 | 17038994 |
| # | GSK PLC (GSK US), <br> Sponsored ADR<br>| 363226 | 17020752 |
|  | Haleon PLC (HLN LN) | 2002336 | 9311320 |
| # | Haleon PLC (HLN US), <br> ADR<br>| 201265 | 1865727 |
|  | Halma PLC | 94722 | 4413895 |
|  | HSBC Holdings PLC <br> (HSBA LN)<br>| 2540701 | 35568395 |
|  | HSBC Holdings PLC <br> (HSBC US), <br> Sponsored ADR<br>| 456497 | 31986745 |
|  | ICG PLC | 131593 | 3342971 |
|  | IMI PLC | 6148 | 193287 |
|  | Imperial Brands PLC | 378415 | 15036050 |
|  | Informa PLC | 451399 | 5747803 |
|  | InterContinental Hotels <br> Group PLC (IHG <br> LN)<br>| 56200 | 6779246 |
| # | InterContinental Hotels <br> Group PLC (IHG <br> US), ADR<br>| 1227 | 149080 |
|  | International <br> Consolidated Airlines <br> Group SA<br>| 119677 | 657935 |
|  | Intertek Group PLC | 72170 | 4807101 |
|  | Investec PLC | 30816 | 232033 |
|  | J Sainsbury PLC | 923337 | 4145678 |
|  | Kingfisher PLC | 99334 | 402857 |
|  | Legal & General Group <br> PLC<br>| 2136040 | 6674948 |
|  | Lloyds Banking Group <br> PLC (LLOY LN)<br>| 17818251 | 20891676 |
|  | London Stock <br> Exchange Group <br> PLC<br>| 64408 | 8026906 |
|  | M&G PLC | 155734 | 539177 |
|  | Marks & Spencer <br> Group PLC<br>| 1232960 | 6443225 |
|  | Melrose Industries <br> PLC<br>| 538213 | 4433825 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | National Grid PLC (NG <br> LN)<br>| 671797 | $10072992 |
| # | National Grid PLC <br> (NGG US), <br> Sponsored ADR<br>| 98241 | 7392635 |
|  | NatWest Group PLC <br> (NWG LN)<br>| 2249764 | 17319836 |
|  | Next PLC | 46121 | 8665677 |
|  | Pearson PLC (PSON <br> LN)<br>| 200712 | 2793513 |
|  | Phoenix Group <br> Holdings PLC<br>| 307304 | 2722355 |
|  | Prudential PLC (PRU <br> LN)<br>| 538464 | 7489001 |
| # | Prudential PLC (PUK <br> US), ADR<br>| 68066 | 1896319 |
|  | Reckitt Benckiser <br> Group PLC<br>| 305461 | 23364420 |
|  | RELX PLC (REL LN) | 172157 | 7608715 |
|  | RELX PLC (RELX US), <br> Sponsored ADR<br>| 106664 | 4718818 |
|  | RELX PLC (REN NA) | 200352 | 8824237 |
|  | Rentokil Initial PLC | 720911 | 4023727 |
|  | Rightmove PLC | 40766 | 357944 |
|  | Rio Tinto PLC (RIO <br> LN)<br>| 154229 | 11118362 |
|  | Rio Tinto PLC (RIO <br> US), Sponsored <br> ADR<br>| 232618 | 16688015 |
|  | Rolls-Royce Holdings <br> PLC<br>| 2436202 | 37490212 |
|  | Sage Group PLC | 371892 | 5621284 |
|  | Schroders PLC | 46692 | 232999 |
|  | Severn Trent PLC | 121918 | 4456712 |
|  | Shell PLC (SHEL LN) | 77031 | 2887829 |
|  | Shell PLC (SHEL US), <br> ADR<br>| 1026896 | 76935048 |
|  | Smith & Nephew PLC <br> (SN LN)<br>| 206252 | 3808651 |
| # | Smith & Nephew PLC <br> (SNN US), <br> Sponsored ADR<br>| 42791 | 1575565 |
|  | Smiths Group PLC | 131756 | 4362975 |
|  | SSE PLC | 390948 | 9849069 |
|  | St. James's Place <br> PLC<br>| 292295 | 4987150 |
|  | Standard Chartered <br> PLC<br>| 1001127 | 20550373 |
|  | Tesco PLC | 2917617 | 17606862 |
| # | Unilever PLC (UL US), <br> Sponsored ADR<br>| 257003 | 15469011 |
|  | Unilever PLC (ULVR <br> LN)<br>| 89128 | 5348065 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Unilever PLC (UNA <br> NA)<br>| 248265 | $15034041 |
|  | United Utilities Group <br> PLC<br>| 302661 | 4774926 |
|  | Vodafone Group PLC <br> (VOD LN)<br>| 8414011 | 10185774 |
|  | Vodafone Group PLC <br> (VOD US), <br> Sponsored ADR<br>| 21712 | 261634 |
|  | Weir Group PLC  | 112716 | 4387797 |
|  | Whitbread PLC | 9379 | 357060 |
| \* | Wise PLC, Class A | 150256 | 1910660 |
| TOTAL UNITED <br> KINGDOM | TOTAL UNITED <br> KINGDOM |  | 909808909 |
| UNITED STATES — (0.1%) | UNITED STATES — (0.1%) | UNITED STATES — (0.1%) | UNITED STATES — (0.1%) |
| \* | Flutter Entertainment <br> PLC<br>| 2342 | 539540 |
|  | International Paper <br> Co.<br>| 106683 | 4177455 |
| TOTAL UNITED STATES | TOTAL UNITED STATES |  | 4716995 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 7064226412 |
| PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) |
| GERMANY — (0.3%) | GERMANY — (0.3%) | GERMANY — (0.3%) | GERMANY — (0.3%) |
|  | Bayerische Motoren <br> Werke AG, 5.764%<br>| 24220 | 2098319 |
| #Ω | Dr. Ing hc F Porsche <br> AG, 5.074%<br>| 27451 | 1436262 |
|  | Henkel AG & Co. <br> KGaA, 2.901%<br>| 69345 | 5617839 |
|  | Porsche Automobil <br> Holding SE, 5.552%<br>| 59694 | 2371849 |
| # | Sartorius AG, 0.312% | 3717 | 1022651 |
|  | Volkswagen AG, <br> 7.042%<br>| 94908 | 9883410 |
| TOTAL GERMANY | TOTAL GERMANY |  | 22430330 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) |
| \* | Constellation Software, <br> Inc. Warrants <br> 03/31/2040<br>| 6143 | 0 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (0.0%) | NORWAY — (0.0%) | NORWAY — (0.0%) | NORWAY — (0.0%) |
| #\* | Vend Marketplaces <br> ASA Rights <br> 11/13/2025<br>| 10518 | $23414 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 23414 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $3,876,632,128) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $3,876,632,128) |  | 7086680156 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| SECURITIES LENDING COLLATERAL — (2.7%) | SECURITIES LENDING COLLATERAL — (2.7%) | SECURITIES LENDING COLLATERAL — (2.7%) | SECURITIES LENDING COLLATERAL — (2.7%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 17137558 | $198230136 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $4,074,862,264) | (Cost $4,074,862,264) |  | $7284910292 |

---

As of October 31, 2025, Large Cap International Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 201 | 12/19/25 | &nbsp;&nbsp; $67476831 | &nbsp;&nbsp; $69083700 | &nbsp;&nbsp; $1606869 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$67476831** | &nbsp;&nbsp; **$69083700** | &nbsp;&nbsp; **$1606869** |

---

As of October 31, 2025, the value of Rule 144A securities amounted to $77,542,554 or 1.1% of net assets.

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Australia | &nbsp;&nbsp; $18241022 | &nbsp;&nbsp; $422781103 | &nbsp;&nbsp; — | &nbsp;&nbsp; $441022125 |
| Austria | &nbsp;&nbsp; — | &nbsp;&nbsp; 19791810 | &nbsp;&nbsp; — | &nbsp;&nbsp; 19791810 |
| Belgium | &nbsp;&nbsp; 2282988 | &nbsp;&nbsp; 66422874 | &nbsp;&nbsp; — | &nbsp;&nbsp; 68705862 |
| Canada | &nbsp;&nbsp; 779349135 | &nbsp;&nbsp; 4633394 | &nbsp;&nbsp; — | &nbsp;&nbsp; 783982529 |
| Denmark | &nbsp;&nbsp; 28868 | &nbsp;&nbsp; 129322241 | &nbsp;&nbsp; — | &nbsp;&nbsp; 129351109 |
| Finland | &nbsp;&nbsp; 1548351 | &nbsp;&nbsp; 73027622 | &nbsp;&nbsp; — | &nbsp;&nbsp; 74575973 |
| France | &nbsp;&nbsp; 5660628 | &nbsp;&nbsp; 613109482 | &nbsp;&nbsp; — | &nbsp;&nbsp; 618770110 |
| Germany | &nbsp;&nbsp; 22011078 | &nbsp;&nbsp; 523955224 | &nbsp;&nbsp; — | &nbsp;&nbsp; 545966302 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 120328407 | &nbsp;&nbsp; — | &nbsp;&nbsp; 120328407 |
| Ireland | &nbsp;&nbsp; — | &nbsp;&nbsp; 29552588 | &nbsp;&nbsp; — | &nbsp;&nbsp; 29552588 |
| Israel | &nbsp;&nbsp; 6429423 | &nbsp;&nbsp; 75705792 | &nbsp;&nbsp; — | &nbsp;&nbsp; 82135215 |
| Italy | &nbsp;&nbsp; 1027503 | &nbsp;&nbsp; 197391028 | &nbsp;&nbsp; — | &nbsp;&nbsp; 198418531 |
| Japan | &nbsp;&nbsp; 16570070 | &nbsp;&nbsp; 1581364889 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1597934959 |
| Netherlands | &nbsp;&nbsp; 84291812 | &nbsp;&nbsp; 198354791 | &nbsp;&nbsp; — | &nbsp;&nbsp; 282646603 |
| New Zealand | &nbsp;&nbsp; — | &nbsp;&nbsp; 18278621 | &nbsp;&nbsp; — | &nbsp;&nbsp; 18278621 |
| Norway | &nbsp;&nbsp; 432898 | &nbsp;&nbsp; 49865899 | &nbsp;&nbsp; — | &nbsp;&nbsp; 50298797 |
| Portugal | &nbsp;&nbsp; — | &nbsp;&nbsp; 20150442 | &nbsp;&nbsp; — | &nbsp;&nbsp; 20150442 |
| Singapore | &nbsp;&nbsp; — | &nbsp;&nbsp; 81635120 | &nbsp;&nbsp; — | &nbsp;&nbsp; 81635120 |
| South Africa | &nbsp;&nbsp; — | &nbsp;&nbsp; 633694 | &nbsp;&nbsp; — | &nbsp;&nbsp; 633694 |
| Spain | &nbsp;&nbsp; 15508802 | &nbsp;&nbsp; 209171195 | &nbsp;&nbsp; — | &nbsp;&nbsp; 224679997 |
| Sweden | &nbsp;&nbsp; — | &nbsp;&nbsp; 200007087 | &nbsp;&nbsp; — | &nbsp;&nbsp; 200007087 |

---

------

**Large Cap International Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Switzerland | &nbsp;&nbsp; $64988302 | &nbsp;&nbsp; $495846325 | &nbsp;&nbsp; — | &nbsp;&nbsp; $560834627 |
| United Kingdom | &nbsp;&nbsp; 260992441 | &nbsp;&nbsp; 648816468 | &nbsp;&nbsp; — | &nbsp;&nbsp; 909808909 |
| United States | &nbsp;&nbsp; — | &nbsp;&nbsp; 4716995 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4716995 |
| Preferred Stocks |  |  |  |  |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 22430330 | &nbsp;&nbsp; — | &nbsp;&nbsp; 22430330 |
| Rights/Warrants |  |  |  |  |
| Canada | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Norway | &nbsp;&nbsp; — | &nbsp;&nbsp; 23414 | &nbsp;&nbsp; — | &nbsp;&nbsp; 23414 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 198230136 | &nbsp;&nbsp; — | &nbsp;&nbsp; 198230136 |
| Total Investments in Securities | &nbsp;&nbsp; $1279363321 | &nbsp;&nbsp; $6005546971 | &nbsp;&nbsp; — | &nbsp;&nbsp; $7284910292 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 1606869 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1606869 |
| Total Financial Instruments | &nbsp;&nbsp; $1606869 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $1606869 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

See accompanying Notes to Financial Statements.

------

**International Core Equity 2 Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (96.2%) | COMMON STOCKS — (96.2%) | COMMON STOCKS — (96.2%) | COMMON STOCKS — (96.2%) |
| AUSTRALIA — (5.8%) | AUSTRALIA — (5.8%) | AUSTRALIA — (5.8%) | AUSTRALIA — (5.8%) |
| # | Accent Group Ltd. | 1271388 | $1064380 |
| # | Acrow Ltd. | 759258 | 561002 |
| # | Adairs Ltd. | 772056 | 1024815 |
|  | AGL Energy Ltd. | 1119524 | 6781702 |
| #\* | Ainsworth Game <br> Technology Ltd.<br>| 387271 | 258572 |
| \* | Alkane Resources <br> Ltd.<br>| 1727632 | 1128433 |
|  | Alliance Aviation <br> Services Ltd.<br>| 99829 | 165255 |
|  | ALS Ltd. | 1199746 | 17027643 |
| #\* | AMA Group Ltd. | 8310665 | 499569 |
|  | Amotiv Ltd. | 408916 | 2381975 |
|  | AMP Ltd. | 9442341 | 11016379 |
| \* | Amplitude Energy <br> Ltd.<br>| 9630307 | 1512474 |
| # | Ampol Ltd. | 596680 | 11987086 |
|  | Ansell Ltd. | 570447 | 13628086 |
|  | ANZ Group Holdings <br> Ltd.<br>| 2163379 | 51816607 |
| # | APA Group | 1473362 | 8848913 |
| #\* | Appen Ltd. | 723792 | 365232 |
|  | Arafura Rare Earths <br> Ltd.<br>| 481909 | 89864 |
| \* | Arafura Rare Earths <br> Ltd. (ARU AU)<br>| 2605020 | 484891 |
| # | ARB Corp. Ltd. | 264462 | 6216744 |
|  | Aristocrat Leisure Ltd. | 632117 | 26153921 |
| # | ARN Media Ltd. | 1378643 | 476444 |
| \* | Articore Group Ltd. | 321992 | 67538 |
|  | ASX Ltd. | 131904 | 4866848 |
|  | Atlas Arteria Ltd. | 1240845 | 3941905 |
|  | AUB Group Ltd. | 273001 | 6594458 |
| #\* | Audinate Group Ltd. | 5096 | 16396 |
| #\* | Aura Energy Ltd. | 120455 | 16902 |
| \* | Aurelia Metals Ltd. | 4353840 | 697788 |
|  | Aurizon Holdings Ltd. | 6070377 | 13618845 |
| \* | Ausgold Ltd. | 50642 | 25763 |
|  | Aussie Broadband <br> Ltd.<br>| 565690 | 2200790 |
| \* | Austal Ltd. | 1838923 | 8154059 |
|  | Austin Engineering <br> Ltd.<br>| 36772 | 6367 |
| #\* | Australian Agricultural <br> Co. Ltd.<br>| 1258308 | 1177634 |
| # | Australian Clinical <br> Labs Ltd.<br>| 523234 | 888936 |
| # | Australian Ethical <br> Investment Ltd.<br>| 249165 | 1139005 |
|  | Australian Finance <br> Group Ltd.<br>| 974792 | 1517756 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| #\* | Australian Strategic <br> Materials Ltd.<br>| 436024 | $288508 |
| # | Autosports Group Ltd. | 10383 | 27978 |
| \* | Baby Bunting Group <br> Ltd.<br>| 406777 | 728388 |
| # | Bank of Queensland <br> Ltd.<br>| 2000202 | 8974714 |
|  | Bapcor Ltd. | 1188385 | 1962949 |
|  | Beach Energy Ltd. | 6672077 | 5421306 |
| # | Beacon Lighting <br> Group Ltd.<br>| 7314 | 13367 |
| \* | Beacon Minerals Ltd. | 11261 | 18448 |
|  | Bega Cheese Ltd. | 1804540 | 6263127 |
| # | Bell Financial Group <br> Ltd.<br>| 286368 | 236982 |
| \* | Bellevue Gold Ltd. | 3006303 | 2305226 |
|  | Bendigo & Adelaide <br> Bank Ltd.<br>| 1847906 | 15285822 |
| #\* | Betmakers Technology <br> Group Ltd.<br>| 272488 | 28541 |
|  | BHP Group Ltd. (BHP <br> AU)<br>| 3243247 | 92459121 |
| # | BHP Group Ltd. (BHP <br> LN), Class DI<br>| 338292 | 9632274 |
| # | BHP Group Ltd. (BHP <br> US), Sponsored <br> ADR<br>| 924709 | 52754648 |
| # | Bisalloy Steel Group <br> Ltd.<br>| 5274 | 17124 |
| #\* | Black Cat Syndicate <br> Ltd. (BC8 AU)<br>| 219610 | 145435 |
| # | BlueScope Steel Ltd. | 1150500 | 17212791 |
| #\* | Boss Energy Ltd. | 1124702 | 1459655 |
| \* | Botanix <br> Pharmaceuticals <br> Ltd.<br>| 126944 | 11200 |
|  | Brambles Ltd. | 2189246 | 35574297 |
| # | Bravura Solutions <br> Ltd.<br>| 796503 | 1499119 |
| # | Breville Group Ltd. | 326418 | 6333574 |
| \* | Brightstar Resources <br> Ltd.<br>| 52484 | 15574 |
|  | Capral Ltd. | 17963 | 132676 |
| \* | Capricorn Metals Ltd. | 1539431 | 12962248 |
|  | CAR Group Ltd. | 150186 | 3506756 |
| #\* | Carnarvon Energy <br> Ltd.<br>| 5061225 | 317675 |
| # | Cash Converters <br> International Ltd.<br>| 756255 | 155958 |
| \* | Catalyst Metals Ltd. | 34208 | 151310 |
| \* | Catapult Sports Ltd. | 205289 | 901313 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Cedar Woods <br> Properties Ltd.<br>| 292515 | $1729037 |
| \* | Centrebet <br> International Ltd.<br>| 22005 | 0 |
| #\* | Cettire Ltd. | 551202 | 248345 |
|  | Challenger Ltd. | 1829378 | 11135324 |
| # | Champion Iron Ltd. | 1104612 | 3994816 |
| #\* | Chrysos Corp. Ltd. | 13677 | 72078 |
| # | Civmec Australia Ltd. | 327100 | 288527 |
|  | Cleanaway Waste <br> Management Ltd.<br>| 6221414 | 10371333 |
| # | Clinuvel <br> Pharmaceuticals <br> Ltd.<br>| 98562 | 740750 |
| #\* | Coast Entertainment <br> Holdings Ltd.<br>| 1172975 | 345634 |
|  | Cochlear Ltd. | 71657 | 13452869 |
|  | Codan Ltd. | 531345 | 12582765 |
|  | Cogstate Ltd. | 34463 | 62059 |
|  | Coles Group Ltd. | 1798408 | 25937634 |
|  | Collins Foods Ltd. | 571168 | 3994878 |
| \* | Comet Ridge Ltd. | 551430 | 47020 |
|  | Commonwealth Bank <br> of Australia<br>| 660983 | 74165591 |
|  | Computershare Ltd. | 703248 | 16800286 |
| #\* | Core Lithium Ltd. | 603447 | 49268 |
| Ω | Coronado Global <br> Resources, Inc., <br> CDI<br>| 102026 | 24293 |
| # | Corporate Travel <br> Management Ltd.<br>| 252724 | 2657292 |
|  | Credit Corp. Group <br> Ltd.<br>| 262466 | 2462254 |
|  | CSL Ltd. | 189511 | 22084911 |
|  | Dalrymple Bay <br> Infrastructure Ltd.<br>| 284046 | 823458 |
|  | Data#3 Ltd. | 806304 | 4643018 |
| #\* | Deep Yellow Ltd. | 2636573 | 3089985 |
|  | Deterra Royalties Ltd. | 864184 | 2303927 |
| \* | Develop Global Ltd. | 50490 | 117231 |
|  | Dicker Data Ltd. | 297976 | 1994565 |
| # | Domino's Pizza <br> Enterprises Ltd.<br>| 170237 | 2038674 |
|  | Downer EDI Ltd. | 3019034 | 15249206 |
| \* | DUG Technology Ltd. | 13704 | 19613 |
| # | Duratec Ltd. | 257610 | 358868 |
|  | Dyno Nobel Ltd. | 5400178 | 11363994 |
| # | Eagers Automotive <br> Ltd.<br>| 677249 | 15071054 |
| # | Elders Ltd. | 697070 | 3233001 |
| \* | Electro Optic Systems <br> Holdings Ltd.<br>| 27306 | 110758 |
| \* | Emeco Holdings Ltd. | 1264572 | 991911 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| \* | Emerald Resources <br> NL<br>| 2111858 | $6558408 |
| #\* | EML Payments Ltd. | 1077538 | 680169 |
| # | Endeavour Group <br> Ltd.<br>| 4432922 | 10605558 |
| #\* | Energy World Corp. <br> Ltd.<br>| 249328 | 9291 |
|  | Enero Group Ltd. | 92378 | 41012 |
|  | EQT Holdings Ltd. | 78248 | 1284119 |
|  | ESG Minerals | 4225 | 442 |
|  | Eureka Group <br> Holdings Ltd. (EGH <br> AU)<br>| 65327 | 22627 |
|  | Euroz Hartleys Group <br> Ltd.<br>| 129142 | 85337 |
|  | Evolution Mining Ltd. | 6892809 | 48777406 |
|  | EVT Ltd. | 299379 | 2828721 |
| # | Fenix Resources Ltd. | 127590 | 43823 |
|  | Fiducian Group Ltd. | 9015 | 71597 |
|  | Finbar Group Ltd. | 5532 | 3131 |
| \* | Findi Ltd. | 2941 | 3600 |
| #\* | FireFly Metals Ltd. | 34783 | 43272 |
| \* | FleetPartners Group <br> Ltd.<br>| 778801 | 1487803 |
| # | Fleetwood Ltd. | 316178 | 610138 |
| # | Flight Centre Travel <br> Group Ltd.<br>| 506775 | 4076785 |
|  | Fortescue Ltd. | 2338084 | 32516268 |
|  | G8 Education Ltd. | 2074854 | 1092036 |
| \* | Genesis Minerals Ltd. | 146104 | 555867 |
|  | GenusPlus Group <br> Ltd.<br>| 13453 | 61159 |
|  | GR Engineering <br> Services Ltd.<br>| 201060 | 481436 |
|  | GrainCorp Ltd., <br> Class A<br>| 1099366 | 6358764 |
|  | Grange Resources <br> Ltd.<br>| 1819448 | 321430 |
|  | GWA Group Ltd. | 751026 | 1213404 |
| # | Hansen Technologies <br> Ltd.<br>| 705627 | 2574073 |
|  | Harvey Norman <br> Holdings Ltd.<br>| 2353566 | 11123175 |
| # | Healius Ltd. | 4421142 | 2573298 |
|  | Helia Group Ltd. | 2111355 | 7446699 |
| \* | Highfield Resources <br> Ltd.<br>| 176475 | 6577 |
| \* | Horizon Minerals Ltd. | 393886 | 13903 |
|  | Horizon Oil Ltd. | 237477 | 31867 |
|  | HUB24 Ltd. | 147504 | 10991417 |
| # | Humm Group Ltd. | 1696710 | 670756 |
| # | IDP Education Ltd. | 216089 | 792111 |
| \* | IGO Ltd. | 1314189 | 4608084 |
|  | Iluka Resources Ltd. | 1090325 | 4929542 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Imdex Ltd. | 1592388 | $3579814 |
| \* | Immutep Ltd. (IMM <br> AU)<br>| 728061 | 133238 |
| #\* | Immutep Ltd. (IMMP <br> US), Sponsored <br> ADR<br>| 5613 | 10609 |
|  | Infomedia Ltd. | 1519727 | 1674543 |
|  | Inghams Group Ltd. | 1104937 | 1748881 |
| \* | Insignia Financial Ltd. | 2618831 | 7762141 |
|  | Insurance Australia <br> Group Ltd.<br>| 5989377 | 30790419 |
|  | Integral Diagnostics <br> Ltd.<br>| 1032374 | 1745895 |
| #\* | ioneer Ltd. | 1836389 | 221986 |
| # | IPD Group Ltd. | 21113 | 50836 |
| # | IPH Ltd. | 928789 | 2239493 |
|  | IRESS Ltd. | 557075 | 3225627 |
|  | IVE Group Ltd. | 478419 | 872272 |
| #\* | James Hardie <br> Industries PLC<br>| 38440 | 804549 |
| #\* | James Hardie <br> Industries PLC <br> (JHX AU), CDI<br>| 405300 | 8535915 |
| # | JB Hi-Fi Ltd. | 427557 | 29247606 |
| \* | Judo Capital Holdings <br> Ltd.<br>| 2145675 | 2368466 |
|  | Jupiter Mines Ltd. | 3457698 | 587898 |
| # | Karoon Energy Ltd. | 2035933 | 2142795 |
|  | Kelsian Group Ltd. | 356609 | 1135355 |
| \* | Kingston Resources <br> Ltd.<br>| 293627 | 23046 |
| # | Kogan.com Ltd. | 171167 | 355936 |
| # | L1 Group Ltd. | 1693231 | 1250974 |
|  | Lendlease Corp. Ltd. | 1876201 | 6803815 |
| # | Lifestyle Communities <br> Ltd.<br>| 288127 | 975132 |
| # | Lindsay Australia Ltd. | 323167 | 127816 |
| \* | Liontown Resources <br> Ltd.<br>| 1055892 | 809881 |
|  | Lottery Corp. Ltd.  | 3159237 | 11363826 |
| \* | Lotus Resources Ltd. | 401306 | 51053 |
|  | Lovisa Holdings Ltd. | 287828 | 6809593 |
| # | Lycopodium Ltd. | 97952 | 806737 |
| \* | Lynas Rare Earths <br> Ltd.<br>| 1363403 | 13592260 |
| # | MA Financial Group <br> Ltd.<br>| 234988 | 1478836 |
| # | Maas Group Holdings <br> Ltd.<br>| 29327 | 90993 |
|  | Macmahon Holdings <br> Ltd.<br>| 4944481 | 1518319 |
|  | Macquarie Group Ltd. | 184518 | 26318644 |
| #\* | Macquarie Technology <br> Group Ltd.<br>| 25972 | 1123474 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| # | Mader Group Ltd. | 24395 | $141627 |
|  | Magellan Financial <br> Group Ltd.<br>| 525977 | 3305964 |
| \* | Mayne Pharma Group <br> Ltd.<br>| 280148 | 778150 |
|  | McMillan Shakespeare <br> Ltd.<br>| 290019 | 3264324 |
| \* | McPherson's Ltd. | 2862 | 478 |
|  | Medibank Pvt Ltd. | 3885523 | 12400605 |
| \* | Megaport Ltd. | 388330 | 4171174 |
| #\* | Mesoblast Ltd. (MSB <br> AU)<br>| 798176 | 1304461 |
| \* | Metals X Ltd. | 3267357 | 1802724 |
|  | Metcash Ltd. | 4430684 | 11036494 |
| \* | Michael Hill <br> International Ltd. <br> (MHJ NZ)<br>| 61279 | 14036 |
| \* | Mineral Resources <br> Ltd.<br>| 281228 | 8881880 |
|  | Monadelphous Group <br> Ltd.<br>| 350353 | 5325099 |
| # | Monash IVF Group <br> Ltd.<br>| 1058432 | 478313 |
|  | MotorCycle Holdings <br> Ltd.<br>| 13014 | 32071 |
| #\* | Mount Gibson Iron <br> Ltd.<br>| 2562797 | 603444 |
| # | Myer Holdings Ltd. | 9202242 | 2375343 |
|  | MyState Ltd. | 708446 | 2060803 |
| #\* | Nanosonics Ltd. | 174411 | 522323 |
|  | National Australia <br> Bank Ltd.<br>| 2515057 | 71704412 |
|  | Navigator Global <br> Investments Ltd.<br>| 1310481 | 2133913 |
|  | Netwealth Group Ltd. | 530104 | 10669907 |
| \* | Neuren <br> Pharmaceuticals <br> Ltd.<br>| 30941 | 439207 |
| # | New Hope Corp. Ltd. | 2250815 | 6108695 |
| #\* | NEXTDC Ltd. | 1085445 | 11159389 |
|  | nib holdings Ltd. | 2161622 | 10653752 |
| # | Nick Scali Ltd. | 393426 | 6535519 |
|  | Nickel Industries Ltd. | 7166079 | 3461509 |
|  | Nine Entertainment <br> Co. Holdings Ltd.<br>| 4246932 | 3222295 |
|  | Northern Star <br> Resources Ltd.<br>| 2777658 | 44789270 |
|  | NRW Holdings Ltd. | 2713669 | 8598052 |
| \* | Nufarm Ltd. | 1052328 | 1431116 |
| #\* | Nuix Ltd. | 340146 | 543003 |
|  | Objective Corp. Ltd. | 56322 | 680013 |
| #\* | OFX Group Ltd. | 673709 | 271583 |
|  | OM Holdings Ltd. | 418603 | 69796 |
| #\* | Omni Bridgeway Ltd. | 867497 | 904555 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | oOh!media Ltd. | 2342415 | $2105807 |
| #\* | Ora Banda Mining <br> Ltd.<br>| 927862 | 730315 |
|  | Orica Ltd. | 1426838 | 20746709 |
|  | Origin Energy Ltd. | 2632725 | 21098183 |
|  | Orora Ltd. | 3734344 | 4912222 |
|  | Pacific Current Group <br> Ltd.<br>| 236569 | 1591216 |
| #\* | Paladin Energy Ltd. | 572998 | 3578695 |
| \* | Pantoro Gold Ltd. | 82971 | 277100 |
| \* | Paradigm <br> Biopharmaceuticals <br> Ltd.<br>| 105692 | 29361 |
|  | Peet Ltd. | 938992 | 1174434 |
| #\* | Peninsula Energy Ltd. | 59113 | 22781 |
| #\* | PeopleIN Ltd. | 68789 | 38002 |
| # | Pepper Money Ltd. | 77310 | 112783 |
|  | Perenti Ltd. | 3782322 | 6699055 |
| # | Perpetual Ltd. | 409085 | 5131182 |
|  | Perseus Mining Ltd. | 6318689 | 20055320 |
| \* | PEXA Group Ltd. | 388686 | 3848494 |
| #\* | Pilbara Minerals Ltd. | 4718533 | 10153263 |
|  | Pinnacle Investment <br> Management Group <br> Ltd.<br>| 41401 | 533130 |
| \* | PPK Mining <br> Equipment Group <br> Pty. Ltd.<br>| 3734 | 0 |
| # | Praemium Ltd. | 649573 | 387892 |
|  | Premier Investments <br> Ltd.<br>| 316140 | 3680119 |
|  | Pro Medicus Ltd. | 129219 | 22187534 |
| # | Propel Funeral <br> Partners Ltd.<br>| 123802 | 406145 |
| # | PWR Holdings Ltd. | 184996 | 1028823 |
|  | Qantas Airways Ltd. | 833452 | 5552575 |
|  | QBE Insurance Group <br> Ltd.<br>| 2992159 | 38821988 |
|  | Qube Holdings Ltd. | 3861608 | 11067124 |
| # | Ramelius Resources <br> Ltd.<br>| 5389732 | 11660084 |
| # | Ramsay Health Care <br> Ltd.<br>| 408934 | 8579439 |
| # | REA Group Ltd. | 72139 | 10051628 |
| #\* | ReadyTech Holdings <br> Ltd.<br>| 19841 | 28428 |
| # | Reece Ltd. | 307194 | 2345071 |
|  | Regis Healthcare Ltd. | 600786 | 2911841 |
|  | Regis Resources Ltd. | 3604197 | 15130432 |
|  | Reliance Worldwide <br> Corp. Ltd.<br>| 2333892 | 6328411 |
| # | Resimac Group Ltd. | 61700 | 45771 |
| \* | Resolute Mining Ltd. | 9584004 | 5965067 |
| # | Ridley Corp. Ltd. | 1542660 | 2988205 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Rio Tinto Ltd. | 683883 | $59378998 |
| \* | RPMGlobal Holdings <br> Ltd.<br>| 589917 | 1878136 |
| \* | Sandfire Resources <br> Ltd.<br>| 2243286 | 23759785 |
|  | Santos Ltd. | 8293469 | 34253147 |
|  | SEEK Ltd. | 473244 | 8375043 |
| \* | Select Harvests Ltd. | 751624 | 1910515 |
|  | Servcorp Ltd. | 221604 | 1069954 |
|  | Service Stream Ltd. | 2922631 | 4335877 |
| #\* | Seven West Media <br> Ltd.<br>| 2260548 | 203419 |
|  | SGH Ltd. | 498897 | 15807755 |
|  | Shaver Shop Group <br> Ltd.<br>| 467919 | 431902 |
| # | Sigma Healthcare <br> Ltd.<br>| 7513131 | 15274674 |
| #\* | Silver Mines Ltd. | 759947 | 84327 |
| # | Sims Ltd. (SGM AU) | 678710 | 7080223 |
|  | SmartGroup Corp. <br> Ltd.<br>| 359651 | 1922610 |
|  | Solvar Ltd. | 528586 | 540639 |
|  | Sonic Healthcare Ltd. | 570419 | 7894940 |
|  | South32 Ltd. (S32 <br> AU)<br>| 6361400 | 13155925 |
|  | South32 Ltd. (SOUHY <br> US), ADR<br>| 402590 | 4158755 |
|  | Southern Cross <br> Electrical <br> Engineering Ltd.<br>| 479984 | 771633 |
| # | Southern Cross Media <br> Group Ltd.<br>| 846174 | 467355 |
| \*†† | SpeedCast <br> International Ltd.<br>| 1370682 | 0 |
|  | SRG Global Ltd. | 1789436 | 3217731 |
| #\* | St Barbara Ltd. | 3238596 | 1089906 |
|  | Stanmore Resources <br> Ltd.<br>| 871097 | 1224264 |
|  | Steadfast Group Ltd. | 2097992 | 7685603 |
| #\* | Strike Energy Ltd. | 1284331 | 92268 |
|  | Suncorp Group Ltd. | 1777325 | 22815348 |
| \* | Sunstone Metals Ltd. | 788772 | 11375 |
|  | Super Retail Group <br> Ltd.<br>| 1047902 | 10951988 |
| \* | Superloop Ltd. | 1345064 | 2744176 |
| #\* | Syrah Resources Ltd. | 3314373 | 736756 |
|  | Tabcorp Holdings Ltd. | 9029011 | 6274176 |
|  | Technology One Ltd. | 1011227 | 24354425 |
| #\* | Telix Pharmaceuticals <br> Ltd.<br>| 49808 | 527050 |
|  | Telstra Group Ltd. <br> (TLGPY US), ADR<br>| 31198 | 502288 |
|  | Telstra Group Ltd. <br> (TLS AU)<br>| 5234712 | 16724044 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| \* | Temple & Webster <br> Group Ltd.<br>| 50076 | $778268 |
|  | Ten Sixty Four Ltd. | 1871019 | 134663 |
|  | TPG Telecom Ltd. | 1060088 | 3834662 |
|  | Transurban Group | 1336306 | 12643714 |
| # | Treasury Wine <br> Estates Ltd.<br>| 1521502 | 5959567 |
| \* | Tuas Ltd. | 881233 | 4055909 |
| #\* | Tyro Payments Ltd. | 1621492 | 1176790 |
| # | Universal Store <br> Holdings Ltd.<br>| 8603 | 49903 |
| \* | Vault Minerals Ltd. | 23529979 | 11186459 |
|  | Ventia Services Group <br> Pty. Ltd.<br>| 3687213 | 13810684 |
| #Ω | Viva Energy Group <br> Ltd.<br>| 3715352 | 4459664 |
| #\* | Vulcan Energy <br> Resources Ltd.<br>| 4031 | 17731 |
| # | Vulcan Steel Ltd. | 2422 | 11481 |
| \* | Vysarn Ltd. | 7706 | 3248 |
| # | Washington H Soul <br> Pattinson & Co. <br> Ltd.<br>| 305067 | 7495884 |
| \* | WEB Travel Group <br> Ltd.<br>| 666446 | 1818254 |
| #\* | Webjet Group Ltd. | 910694 | 500196 |
|  | Wesfarmers Ltd. | 867784 | 47629133 |
| \* | West African <br> Resources Ltd.<br>| 5302512 | 4379611 |
|  | Westgold Resources <br> Ltd.<br>| 3051275 | 10559687 |
|  | Westpac Banking <br> Corp.<br>| 2426921 | 61411935 |
| # | Whitehaven Coal Ltd. | 3390065 | 15933650 |
|  | WiseTech Global Ltd. | 141383 | 6376652 |
|  | Woodside Energy <br> Group Ltd. (WDS <br> AU)<br>| 1750975 | 28375332 |
|  | Woodside Energy <br> Group Ltd. (WDS <br> LN)<br>| 299211 | 4855189 |
| # | Woodside Energy <br> Group Ltd. (WDS <br> US), ADR<br>| 333470 | 5405549 |
|  | Woolworths Group <br> Ltd.<br>| 813753 | 15118713 |
|  | Worley Ltd. | 982163 | 9172413 |
| \* | Xero Ltd. | 132871 | 12570286 |
|  | XRF Scientific Ltd. | 348874 | 476352 |
| # | Yancoal Australia Ltd. | 1119488 | 4073293 |
| \* | Zip Co. Ltd. | 1032376 | 2594170 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 2180305066 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRIA — (0.6%) | AUSTRIA — (0.6%) | AUSTRIA — (0.6%) | AUSTRIA — (0.6%) |
| \* | Addiko Bank AG | 10150 | $246590 |
|  | Agrana Beteiligungs <br> AG<br>| 44126 | 612648 |
|  | ANDRITZ AG | 335732 | 25383296 |
| \* | AT&S Austria <br> Technologie & <br> Systemtechnik AG<br>| 54361 | 2017922 |
| Ω | BAWAG Group AG | 250872 | 32420502 |
|  | CA Immobilien <br> Anlagen AG<br>| 68267 | 1897593 |
| #\* | CPI Europe AG | 89201 | 1738886 |
|  | DO & Co. AG | 34540 | 8239406 |
|  | Erste Group Bank AG | 374745 | 38819408 |
| \* | Eurotelesites AG | 148219 | 826931 |
|  | EVN AG | 167785 | 4896301 |
| \* | FACC AG | 21105 | 213074 |
|  | Frequentis AG | 407 | 33525 |
| \* | Immofinanz AG (IIA <br> AV)<br>| 223231 | 0 |
| #\* | Lenzing AG | 50020 | 1496341 |
|  | Mayr Melnhof Karton <br> AG<br>| 19515 | 1778273 |
|  | Oberbank AG | 5628 | 493054 |
|  | Oesterreichische Post <br> AG<br>| 115374 | 3988251 |
|  | OMV AG | 527444 | 28875517 |
|  | Palfinger AG | 43339 | 1623536 |
| \* | POLYTEC Holding <br> AG<br>| 50397 | 177736 |
|  | Porr AG | 78139 | 2479932 |
|  | Raiffeisen Bank <br> International AG<br>| 367971 | 13718021 |
| # | SBO AG | 24372 | 807986 |
|  | Semperit AG Holding | 23426 | 351097 |
|  | Strabag SE (STR AV) | 24329 | 1903404 |
|  | Telekom Austria AG | 532431 | 5662319 |
| \* | UBM Development <br> AG<br>| 5647 | 156196 |
|  | UNIQA Insurance <br> Group AG<br>| 324100 | 4761473 |
|  | Verbund AG | 50462 | 3894666 |
|  | Vienna Insurance <br> Group AG Wiener <br> Versicherung <br> Gruppe<br>| 182465 | 9358986 |
|  | voestalpine AG | 316633 | 11274036 |
|  | Wienerberger AG | 338027 | 10034210 |
|  | Zumtobel Group AG | 91581 | 394155 |
| TOTAL AUSTRIA | TOTAL AUSTRIA |  | 220575271 |
| BELGIUM — (1.1%) | BELGIUM — (1.1%) | BELGIUM — (1.1%) | BELGIUM — (1.1%) |
|  | Ackermans & van <br> Haaren NV<br>| 113643 | 28302517 |
|  | Ageas SA | 666438 | 44104585 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) |
| \* | AGFA-Gevaert NV | 516034 | $493888 |
|  | Anheuser-Busch <br> InBev SA (ABI BB)<br>| 752816 | 45904611 |
| # | Anheuser-Busch <br> InBev SA (BUD <br> US), Sponsored <br> ADR<br>| 59509 | 3624098 |
| \* | Argenx SE (ARGX <br> BB)<br>| 8301 | 6794095 |
| \* | Argenx SE (ARGX <br> US), ADR<br>| 4370 | 3576845 |
| \* | Atenor | 11318 | 36114 |
| # | Azelis Group NV | 181217 | 2142835 |
|  | Barco NV | 105201 | 1500362 |
|  | Bekaert SA | 174233 | 7278197 |
| \* | bpost SA | 329880 | 800357 |
|  | Cie <br> d'Entreprises CFE<br>| 51230 | 528815 |
| \* | CMB Tech NV | 308691 | 2903055 |
|  | Colruyt Group NV | 201870 | 7539039 |
|  | Deceuninck NV | 256989 | 611685 |
|  | Deme Group NV | 44003 | 6648268 |
|  | D'ieteren Group | 45209 | 8258452 |
|  | Econocom Group SA <br> NV<br>| 286962 | 565675 |
| # | Elia Group SA | 82668 | 9963833 |
|  | EVS Broadcast <br> Equipment SA<br>| 58083 | 2428531 |
|  | Fagron | 310754 | 7384261 |
| \* | Galapagos NV (GLPG <br> BB)<br>| 152486 | 4833482 |
| \* | Galapagos NV (GLPG <br> NA)<br>| 22769 | 724914 |
|  | Gimv NV | 109293 | 5901619 |
| \* | Hyloris <br> Pharmaceuticals <br> SA<br>| 739 | 5042 |
| \* | Immobel SA | 12649 | 361300 |
| # | Ion Beam <br> Applications<br>| 15980 | 201186 |
|  | Jensen-Group NV | 9952 | 717945 |
| # | KBC Group NV | 745010 | 89631711 |
| # | Kinepolis Group NV | 52332 | 1794696 |
| # | Lotus Bakeries NV | 1423 | 12415182 |
| # | Melexis NV | 63574 | 4575606 |
| \* | Nyxoah SA | 1315 | 6825 |
| #\* | Ontex Group NV | 312803 | 2286583 |
| \* | Onward Medical NV | 10058 | 49676 |
| \* | Orange Belgium SA | 143087 | 3149723 |
|  | Proximus SADP | 579116 | 4974471 |
| # | Recticel SA | 168419 | 1659167 |
|  | Sipef NV | 18578 | 1670487 |
| # | Solvay SA | 311505 | 9560924 |
|  | Syensqo SA | 217214 | 17930209 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) |
| # | Tessenderlo Group <br> SA<br>| 72241 | $2182201 |
|  | UCB SA | 163790 | 42117281 |
|  | Umicore SA | 246586 | 4695630 |
|  | Van de Velde NV | 23251 | 810762 |
|  | VGP NV | 48732 | 5629820 |
|  | Viohalco SA | 163485 | 1601840 |
|  | What's Cooking BV | 2086 | 264488 |
| TOTAL BELGIUM | TOTAL BELGIUM |  | 411142888 |
| BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) |
| \* | Aura Minerals, Inc. | 14940 | 483010 |
| CANADA — (11.7%) | CANADA — (11.7%) | CANADA — (11.7%) | CANADA — (11.7%) |
| \* | 5N Plus, Inc. | 266336 | 3809276 |
| # | Acadian Timber Corp. | 42464 | 433859 |
| \* | ACT Energy <br> Technologies Ltd.<br>| 11543 | 43619 |
| # | ADENTRA, Inc. | 53113 | 1331849 |
| # | ADF Group, Inc. | 48177 | 246973 |
| \* | Advantage Energy <br> Ltd.<br>| 1099233 | 8723014 |
|  | Aecon Group, Inc. | 350480 | 7726528 |
|  | AG Growth <br> International, Inc.<br>| 55735 | 1433759 |
|  | AGF Management <br> Ltd., Class B<br>| 366184 | 3649961 |
|  | Agnico Eagle Mines <br> Ltd. (AEM CN)<br>| 161088 | 25908682 |
|  | Agnico Eagle Mines <br> Ltd. (AEM US)<br>| 400699 | 64436413 |
| #\* | Aimia, Inc. | 173205 | 343928 |
| \* | Air Canada | 561918 | 7387806 |
| # | AirBoss of America <br> Corp.<br>| 77083 | 254461 |
|  | Alamos Gold, Inc. <br> (AGI CN), Class A<br>| 822689 | 25363154 |
| # | Alamos Gold, Inc. <br> (AGI US), Class A<br>| 453648 | 13967820 |
|  | Algoma Central Corp. | 18060 | 224052 |
| # | Algonquin Power & <br> Utilities Corp. (AQN <br> CN)<br>| 389341 | 2173570 |
|  | Algonquin Power & <br> Utilities Corp. (AQN <br> US)<br>| 974705 | 5438854 |
|  | Alimentation <br> Couche-Tard, Inc.<br>| 723830 | 36786284 |
| \* | Allied Gold Corp. | 89085 | 1355441 |
|  | AltaGas Ltd. | 1086080 | 31880442 |
|  | Altius Minerals Corp. | 83801 | 2268073 |
|  | Altus Group Ltd. | 68202 | 2801896 |
|  | Amerigo Resources <br> Ltd.<br>| 459874 | 1003326 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Andlauer Healthcare <br> Group, Inc.<br>| 57562 | $2232628 |
|  | Andrew Peller Ltd., <br> Class A<br>| 92869 | 329748 |
|  | ARC Resources Ltd. | 2379613 | 43891894 |
| \* | Aritzia, Inc. | 392273 | 27400796 |
|  | Atco Ltd., Class I | 142486 | 5369067 |
| \* | Athabasca Oil Corp. | 2060195 | 10120668 |
|  | AtkinsRealis Group, <br> Inc.<br>| 331030 | 23344749 |
| \* | ATS Corp. (ATS CN) | 176730 | 4861319 |
| #\* | ATS Corp. (ATS US) | 23710 | 651077 |
| \* | Aurora Cannabis, Inc. <br> (ACB CN)<br>| 1289 | 6397 |
| #\* | Aurora Cannabis, Inc. <br> (ACB US)<br>| 13112 | 64903 |
| \* | AutoCanada, Inc. | 161032 | 2903639 |
| \* | Avino Silver & Gold <br> Mines Ltd. (ASM <br> CN)<br>| 19541 | 90979 |
|  | B2Gold Corp. (BTG <br> US)<br>| 2296754 | 10082750 |
| # | B2Gold Corp. (BTO <br> CN)<br>| 5547754 | 24286628 |
|  | Badger Infrastructure <br> Solutions Ltd.<br>| 161647 | 8481411 |
| #\* | Ballard Power <br> Systems, Inc. <br> (BLDP CN)<br>| 231472 | 823532 |
| #\* | Ballard Power <br> Systems, Inc. <br> (BLDP US)<br>| 381989 | 1363701 |
|  | Bank of Montreal <br> (BMO US)<br>| 739051 | 91775353 |
| # | Bank of Nova Scotia <br> (BNS CN)<br>| 156246 | 10247811 |
| # | Bank of Nova Scotia <br> (BNS US)<br>| 933185 | 61216936 |
|  | Barrick Mining Corp. | 412954 | 13544891 |
|  | Barrick Mining Corp. <br> (B US)<br>| 1338480 | 43902144 |
| \* | Bausch & Lomb <br> Corp.<br>| 14194 | 212058 |
| #\* | Bausch Health Cos., <br> Inc. (BHC US)<br>| 495052 | 3475265 |
|  | Baytex Energy Corp. | 1114192 | 2693031 |
| # | BCE, Inc. (BCE CN) | 6541 | 149517 |
| # | BCE, Inc. (BCE US) | 150109 | 3431492 |
|  | Birchcliff Energy Ltd. | 946148 | 4411827 |
| # | Bird Construction, <br> Inc.<br>| 208373 | 4474846 |
|  | Black Diamond Group <br> Ltd.<br>| 290513 | 3096624 |
| #\* | BlackBerry Ltd. | 892959 | 4357640 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | BMTC Group, Inc. | 7200 | $66736 |
| \* | Bombardier, Inc. <br> (BBD/A CN), <br> Class A<br>| 6184 | 855985 |
| \* | Bombardier, Inc. <br> (BBD/B CN), <br> Class B<br>| 199955 | 27938527 |
| #\* | Bonterra Energy <br> Corp.<br>| 104652 | 270108 |
| # | Boralex, Inc., Class A | 220511 | 4427357 |
| # | Boyd Group, Inc. | 69599 | 11117082 |
|  | Brookfield Corp. (BN <br> US)<br>| 394816 | 18181300 |
|  | Brookfield <br> Infrastructure Corp., <br> Class A<br>| 258031 | 11691465 |
| # | Brookfield Renewable <br> Corp.<br>| 46700 | 2020242 |
|  | Brookfield Wealth <br> Solutions Ltd.<br>| 1656 | 76292 |
| # | BRP, Inc. (DOO CN) | 74840 | 4694609 |
|  | BRP, Inc. (DOOO <br> US)<br>| 12948 | 813393 |
| \* | CAE, Inc. (CAE US) | 473964 | 13299430 |
| \* | Calfrac Well Services <br> Ltd.<br>| 71885 | 156834 |
|  | Calian Group Ltd. | 27875 | 1003663 |
|  | Cameco Corp. (CCJ <br> US)<br>| 64759 | 6619017 |
|  | Canaccord Genuity <br> Group, Inc.<br>| 291375 | 2443097 |
| \* | Canacol Energy Ltd. | 33474 | 53938 |
| \* | Canada Goose <br> Holdings, Inc. <br> (GOOS CN)<br>| 47682 | 663955 |
| \* | Canada Goose <br> Holdings, Inc. <br> (GOOS US)<br>| 13667 | 190381 |
| \* | Canada Packers, Inc. | 53177 | 634310 |
| # | Canadian Imperial <br> Bank of Commerce <br> (CM US)<br>| 751848 | 62305644 |
|  | Canadian National <br> Railway Co. (CNI <br> US)<br>| 346036 | 33188313 |
|  | Canadian National <br> Railway Co. (CNR <br> CN)<br>| 32594 | 3125427 |
|  | Canadian Natural <br> Resources Ltd. <br> (CNQ US)<br>| 3056441 | 97867241 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Canadian Pacific <br> Kansas City Ltd. <br> (CP CN)<br>| 53232 | $3830670 |
|  | Canadian Pacific <br> Kansas City Ltd. <br> (CP US)<br>| 318736 | 22933055 |
| # | Canadian Tire Corp. <br> Ltd., Class A<br>| 214950 | 24651319 |
| # | Canadian Utilities Ltd., <br> Class A<br>| 319999 | 8961934 |
| \* | Canfor Corp. | 285022 | 2485344 |
| # | Capital Power Corp. | 337169 | 17068196 |
| \* | Capstone Copper <br> Corp.<br>| 2816417 | 25141022 |
| # | Cardinal Energy Ltd. | 603543 | 3433939 |
| # | Cargojet, Inc. | 7533 | 439020 |
|  | Cascades, Inc. | 235190 | 1863007 |
|  | CCL Industries, Inc., <br> Class B<br>| 451862 | 25206718 |
| \* | Celestica, Inc. (CLS <br> CN)<br>| 180887 | 62275787 |
| \* | Celestica, Inc. (CLS <br> US)<br>| 430580 | 148326198 |
| # | Cenovus Energy, Inc. <br> (CVE CN)<br>| 890948 | 15055055 |
|  | Cenovus Energy, Inc. <br> (CVE US)<br>| 3265311 | 55249062 |
|  | Centerra Gold, Inc. | 1155062 | 13530832 |
|  | CES Energy Solutions <br> Corp.<br>| 1192879 | 8173375 |
|  | CGI, Inc. (GIB US) | 117441 | 10217367 |
|  | CGI, Inc. (GIBA CN) | 174898 | 15220883 |
| \*†† | Chesswood Group <br> Ltd.<br>| 24123 | 5848 |
| \* | Cineplex, Inc. | 2825 | 25459 |
| \* | Cipher <br> Pharmaceuticals, <br> Inc.<br>| 5529 | 58343 |
|  | Clairvest Group, Inc. | 516 | 26121 |
|  | Cogeco <br> Communications, <br> Inc.<br>| 62507 | 2846028 |
|  | Cogeco, Inc. | 23757 | 993100 |
|  | Colliers International <br> Group, Inc. (CIGI <br> CN)<br>| 10720 | 1710171 |
|  | Colliers International <br> Group, Inc. (CIGI <br> US)<br>| 84644 | 13503257 |
|  | Computer Modelling <br> Group Ltd.<br>| 237760 | 901845 |
| \* | Conifex Timber, Inc. | 5014 | 840 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Constellation <br> Software, Inc.<br>| 18501 | $48688939 |
|  | Corby Spirit & Wine <br> Ltd.<br>| 38585 | 377446 |
| #\* | Cronos Group, Inc. <br> (CRON CN)<br>| 8403 | 21149 |
| #\* | Cronos Group, Inc. <br> (CRON US)<br>| 918853 | 2306321 |
|  | Definity Financial <br> Corp.<br>| 367228 | 17084330 |
| \* | Denison Mines Corp. <br> (DML CN)<br>| 15 | 48 |
|  | dentalcorp Holdings <br> Ltd.<br>| 51 | 396 |
| \* | Descartes Systems <br> Group, Inc. (DSG <br> CN)<br>| 7966 | 703539 |
| \* | Descartes Systems <br> Group, Inc. (DSGX <br> US)<br>| 27810 | 2453120 |
|  | Dexterra Group, Inc. | 95755 | 726413 |
| \* | Docebo, Inc. | 36146 | 905873 |
|  | Dollarama, Inc. | 420272 | 54628918 |
|  | Doman Building <br> Materials Group <br> Ltd.<br>| 348377 | 2205688 |
|  | Dominion Lending <br> Centres, Inc.<br>| 20166 | 158159 |
| \* | Dorel Industries, Inc., <br> Class B<br>| 75248 | 96572 |
|  | DPM Metals, Inc. | 872687 | 18666436 |
|  | DREAM Unlimited <br> Corp., Class A<br>| 119693 | 1586462 |
| # | Dye & Durham Ltd. | 62293 | 228733 |
|  | Dynacor Group, Inc. | 7600 | 24601 |
|  | ECN Capital Corp. | 11800 | 23473 |
|  | E-L Financial Corp. <br> Ltd.<br>| 61200 | 709502 |
| \* | Eldorado Gold Corp. <br> (EGO US)<br>| 91679 | 2350650 |
| \* | Eldorado Gold Corp. <br> (ELD CN)<br>| 721955 | 18505062 |
| \* | Electrovaya, Inc. | 3124 | 20212 |
|  | Element Fleet <br> Management Corp.<br>| 1666595 | 44951901 |
| \* | Eloro Resources Ltd. | 41600 | 40041 |
| # | Emera, Inc. | 432011 | 20538657 |
|  | Empire Co. Ltd., <br> Class A<br>| 569865 | 19360499 |
| # | Enbridge, Inc. (ENB <br> CN)<br>| 22 | 1027 |
| # | Enbridge, Inc. (ENB <br> US)<br>| 936844 | 43675667 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Endeavour Mining <br> PLC<br>| 816361 | $32705668 |
| \* | Endeavour Silver <br> Corp. (EDR CN)<br>| 157495 | 1293603 |
|  | Enerflex Ltd. (EFX <br> CN)<br>| 543967 | 6845401 |
| #\* | Energy Fuels, Inc. | 205896 | 4227880 |
| # | Enghouse Systems <br> Ltd.<br>| 135862 | 2015820 |
| \* | Ensign Energy <br> Services, Inc.<br>| 520561 | 953864 |
| # | EQB, Inc. | 151456 | 9661522 |
| #\* | Equinox Gold Corp. <br> (EQX CN)<br>| 203196 | 2232541 |
| #\* | Equinox Gold Corp. <br> (EQX US)<br>| 1160255 | 12727997 |
| #\* | ERO Copper Corp. <br> (ERO CN)<br>| 67234 | 1435712 |
| \* | ERO Copper Corp. <br> (ERO US)<br>| 227679 | 4860947 |
|  | Evertz Technologies <br> Ltd.<br>| 92936 | 849481 |
| # | Exchange Income <br> Corp.<br>| 117502 | 6437456 |
|  | Exco Technologies <br> Ltd.<br>| 103105 | 480772 |
| # | Extendicare, Inc. | 312083 | 3573529 |
|  | Fairfax Financial <br> Holdings Ltd.<br>| 24082 | 39097987 |
| # | Fiera Capital Corp. | 271991 | 1219795 |
|  | Finning International, <br> Inc.<br>| 668984 | 36178701 |
| \* | Firan Technology <br> Group Corp.<br>| 16349 | 127290 |
|  | Firm Capital Mortgage <br> Investment Corp.<br>| 116418 | 972813 |
| # | First Majestic Silver <br> Corp. (AG US)<br>| 29773 | 380201 |
|  | First Majestic Silver <br> Corp. (FR CN)<br>| 540655 | 6911657 |
| \* | First Quantum <br> Minerals Ltd.<br>| 1221403 | 25358995 |
|  | FirstService Corp. <br> (FSV CN)<br>| 5407 | 860694 |
|  | FirstService Corp. <br> (FSV US)<br>| 84804 | 13518606 |
| \* | Foraco International <br> SA<br>| 229150 | 338199 |
| # | Fortis, Inc. (FTS CN) | 205753 | 10342295 |
|  | Fortis, Inc. (FTS US) | 209270 | 10511632 |
| #\* | Fortuna Mining Corp. <br> (FSM US)<br>| 320089 | 2647136 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| \* | Fortuna Mining Corp. <br> (FVI CN)<br>| 1253300 | $10356671 |
|  | Franco-Nevada Corp. <br> (FNV US)<br>| 71833 | 13406193 |
| \* | Freegold Ventures <br> Ltd.<br>| 31688 | 27564 |
| # | Freehold Royalties <br> Ltd.<br>| 699955 | 7081645 |
|  | Frontera Energy <br> Corp.<br>| 88139 | 351287 |
| \* | Galiano Gold, Inc. | 636046 | 1523735 |
|  | Gamehost, Inc. | 72542 | 608245 |
| \* | GDI Integrated Facility <br> Services, Inc.<br>| 22161 | 466115 |
|  | George Weston Ltd. | 344631 | 20954784 |
|  | GFL Environmental, <br> Inc.<br>| 150752 | 6586355 |
|  | Gibson Energy, Inc. | 602700 | 10274541 |
| # | Gildan Activewear, <br> Inc. (GIL CN)<br>| 131307 | 7657195 |
| # | Gildan Activewear, <br> Inc. (GIL US)<br>| 382307 | 22284675 |
| # | goeasy Ltd. | 71251 | 8567596 |
| \* | GoGold Resources, <br> Inc.<br>| 213874 | 390373 |
| \* | GoldMoney, Inc. | 9239 | 74440 |
|  | Great-West Lifeco, <br> Inc.<br>| 234156 | 9926859 |
| #\* | Greenfire Resources <br> Ltd.<br>| 4694 | 23752 |
|  | Guardian Capital <br> Group Ltd., Class A<br>| 106 | 5061 |
| \* | Haivision Systems, <br> Inc.<br>| 61600 | 225310 |
|  | Hammond <br> Manufacturing Co. <br> Ltd., Class A<br>| 1600 | 12800 |
|  | Hammond Power <br> Solutions, Inc.<br>| 34395 | 5247963 |
|  | Headwater <br> Exploration, Inc.<br>| 915126 | 4828300 |
|  | High Liner Foods, <br> Inc.<br>| 65021 | 786251 |
| \* | HLS Therapeutics, <br> Inc.<br>| 1000 | 3978 |
|  | Hudbay Minerals, Inc. <br> (HBM CN)<br>| 2516716 | 40337792 |
| Ω | Hydro One Ltd. | 274288 | 10116515 |
| \* | i-80 Gold Corp. | 413213 | 394785 |
|  | iA Financial Corp., <br> Inc.<br>| 410077 | 48406366 |
| \* | IAMGOLD Corp. (IAG <br> US)<br>| 15714 | 181968 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| \* | IAMGOLD Corp. (IMG <br> CN)<br>| 2715226 | $31439357 |
|  | IGM Financial, Inc. | 268077 | 10311757 |
| \* | Imperial Metals Corp. | 164385 | 802850 |
|  | Imperial Oil Ltd. (IMO <br> US)<br>| 245159 | 21625475 |
|  | Information Services <br> Corp.<br>| 34909 | 923655 |
|  | Intact Financial Corp. | 281911 | 52587341 |
| \* | Interfor Corp. | 245385 | 1383905 |
| #\* | Ivanhoe Mines Ltd., <br> Class A<br>| 241559 | 2416365 |
| Ω | Jamieson Wellness, <br> Inc.<br>| 66938 | 1661817 |
| \* | K92 Mining, Inc. | 748584 | 9954078 |
| # | K-Bro Linen, Inc. | 38631 | 1037009 |
| \* | Kelt Exploration Ltd. | 544424 | 2589076 |
| # | Keyera Corp. | 818424 | 24163800 |
| \* | Kinaxis, Inc. | 6915 | 837363 |
|  | Kinross Gold Corp. (K <br> CN)<br>| 5951051 | 138407389 |
| \* | Kiwetinohk Energy <br> Corp.<br>| 900 | 15747 |
| \* | Knight Therapeutics, <br> Inc.<br>| 270904 | 1128002 |
| \* | Kolibri Global Energy, <br> Inc.<br>| 26102 | 112779 |
| # | KP Tissue, Inc. | 33640 | 226177 |
| # | Labrador Iron Ore <br> Royalty Corp.<br>| 219124 | 4521371 |
| \* | Laramide Resources <br> Ltd.<br>| 26500 | 13415 |
| \* | Largo, Inc. (LGO CN) | 59040 | 70298 |
|  | Lassonde Industries, <br> Inc., Class A<br>| 9485 | 1476767 |
| # | Laurentian Bank of <br> Canada<br>| 156902 | 3725241 |
|  | Leon's Furniture Ltd. | 151048 | 3145779 |
| \* | Lightspeed <br> Commerce, Inc. <br> (LSPD CN)<br>| 1400 | 16819 |
| #\* | Lightspeed <br> Commerce, Inc. <br> (LSPD US)<br>| 528015 | 6336180 |
| \*†† | Lightstream <br> Resources Ltd.<br>| 696278 | 0 |
|  | Linamar Corp. | 255417 | 13831180 |
| #\* | Lithium Americas <br> Corp.<br>| 144608 | 795344 |
|  | Loblaw Cos. Ltd. | 589479 | 23426997 |
| \* | Lucara Diamond <br> Corp.<br>| 1792513 | 230047 |
|  | Lundin Gold, Inc. | 442016 | 30049713 |
|  | Lundin Mining Corp. | 2957041 | 47563969 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Magellan Aerospace <br> Corp.<br>| 67414 | $828165 |
| # | Magna International, <br> Inc. (MG CN)<br>| 353072 | 16680012 |
|  | Magna International, <br> Inc. (MGA US)<br>| 517155 | 24414888 |
|  | Mainstreet Equity <br> Corp.<br>| 17173 | 2311201 |
| \* | Major Drilling Group <br> International, Inc.<br>| 403554 | 3553450 |
|  | Manulife Financial <br> Corp. (MFC CN)<br>| 47 | 1521 |
|  | Manulife Financial <br> Corp. (MFC US)<br>| 994039 | 32177042 |
|  | Maple Leaf Foods, <br> Inc.<br>| 265887 | 5110915 |
|  | Martinrea <br> International, Inc.<br>| 201157 | 1451434 |
| \* | Mattr Corp. | 190958 | 1489487 |
|  | Maxim Power Corp. | 20837 | 68340 |
|  | McCoy Global, Inc. | 4500 | 11294 |
| \* | MDA Space Ltd. | 135249 | 2640275 |
| \* | Medexus <br> Pharmaceuticals, <br> Inc.<br>| 72100 | 143938 |
|  | Medical Facilities <br> Corp.<br>| 138205 | 1423880 |
|  | Melcor Developments <br> Ltd.<br>| 37417 | 393498 |
|  | Meren Energy, Inc. | 350647 | 455012 |
|  | Methanex Corp. <br> (MEOH US)<br>| 182101 | 7160211 |
| # | Methanex Corp. (MX <br> CN)<br>| 122100 | 4805476 |
|  | Metro, Inc. | 504441 | 33624608 |
|  | Morguard Corp. | 9240 | 766382 |
| # | MTY Food Group, <br> Inc.<br>| 59936 | 1446104 |
| # | Mullen Group Ltd. | 277549 | 2790233 |
|  | National Bank of <br> Canada<br>| 547249 | 61141428 |
|  | Neo Performance <br> Materials, Inc.<br>| 67348 | 928673 |
| \* | New Gold, Inc. (NGD <br> CN)<br>| 4727443 | 34818357 |
| \* | NFI Group, Inc. | 126781 | 1296239 |
|  | North American <br> Construction Group <br> Ltd. (NOA CN)<br>| 84700 | 1318918 |
| # | North American <br> Construction Group <br> Ltd. (NOA US)<br>| 22828 | 355660 |
|  | North West Co., Inc. | 230159 | 7466568 |
| # | Northland Power, Inc. | 1067620 | 19509537 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Nutrien Ltd. (NTR <br> CN)<br>| 36595 | $1993158 |
| # | Nutrien Ltd. (NTR <br> US)<br>| 778961 | 42414448 |
| \* | NuVista Energy Ltd. | 977858 | 11629298 |
| #\* | Obsidian Energy Ltd. <br> (OBE CN)<br>| 86800 | 492004 |
| #\* | Obsidian Energy Ltd. <br> (OBE US)<br>| 125294 | 710417 |
|  | OceanaGold Corp. | 1219867 | 27284031 |
|  | Onex Corp. | 296991 | 25833590 |
|  | Open Text Corp. <br> (OTEX CN)<br>| 62886 | 2412674 |
|  | Open Text Corp. <br> (OTEX US)<br>| 730537 | 28016094 |
|  | OR Royalties, Inc. <br> (OR CN)<br>| 201704 | 6471555 |
|  | OR Royalties, Inc. <br> (OR US)<br>| 5625 | 179888 |
| \*†† | Orbite Technologies, <br> Inc.<br>| 174500 | 0 |
| #\*,\* | Organigram Global, <br> Inc.<br>| 70683 | 114452 |
| \* | Orla Mining Ltd. <br> (ORLA US)<br>| 81263 | 838634 |
|  | Pan American Silver <br> Corp. (PAAS CN)<br>| 311644 | 10976591 |
|  | Pan American Silver <br> Corp. (PAAS US)<br>| 883460 | 31106623 |
|  | Paramount Resources <br> Ltd., Class A<br>| 380813 | 6244833 |
|  | Parex Resources, <br> Inc.<br>| 315449 | 4034904 |
| # | Parkland Corp. | 553381 | 15766358 |
|  | Pason Systems, Inc. | 239655 | 2041907 |
|  | Pembina Pipeline <br> Corp. (PBA US)<br>| 839264 | 31749357 |
|  | Pembina Pipeline <br> Corp. (PPL CN)<br>| 303289 | 11473754 |
|  | Pet Valu Holdings <br> Ltd.<br>| 35423 | 878914 |
| # | Peyto Exploration & <br> Development Corp.<br>| 767629 | 11181530 |
|  | PHX Energy Services <br> Corp.<br>| 136446 | 741306 |
| # | Pine Cliff Energy Ltd. | 408078 | 221125 |
| # | Pizza Pizza Royalty <br> Corp.<br>| 133841 | 1480071 |
|  | Polaris Renewable <br> Energy, Inc.<br>| 85549 | 794159 |
| # | Pollard Banknote Ltd. | 34396 | 496854 |
| # | PrairieSky Royalty <br> Ltd.<br>| 490107 | 8798898 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| #\* | Precision Drilling <br> Corp. (PD CN)<br>| 41912 | $2514326 |
| \* | Precision Drilling <br> Corp. (PDS US)<br>| 4411 | 264269 |
| # | Premium Brands <br> Holdings Corp.<br>| 116637 | 8041637 |
| # | Propel Holdings, Inc. | 10200 | 185593 |
| #\* | Quarterhill, Inc. | 520981 | 404883 |
|  | Quebecor, Inc., <br> Class B<br>| 628985 | 20064018 |
| #\* | Questerre Energy <br> Corp., Class A<br>| 145025 | 32054 |
|  | RB Global, Inc. (RBA <br> CN)<br>| 6709 | 665662 |
|  | RB Global, Inc. (RBA <br> US)<br>| 147125 | 14597742 |
| \* | Real Matters, Inc. | 18705 | 98156 |
|  | Restaurant Brands <br> International, Inc. <br> (QSR CN)<br>| 40764 | 2677395 |
|  | Restaurant Brands <br> International, Inc. <br> (QSR US)<br>| 330486 | 21709625 |
| \* | RF Capital Group, <br> Inc.<br>| 5566 | 79326 |
| # | Richelieu Hardware <br> Ltd.<br>| 178991 | 4906922 |
|  | Rogers <br> Communications, <br> Inc. (RCI US), <br> Class B<br>| 151950 | 5947323 |
| # | Rogers <br> Communications, <br> Inc. (RCIB CN), <br> Class B<br>| 472361 | 18486254 |
|  | Rogers Sugar, Inc. | 381275 | 1679997 |
|  | Royal Bank of Canada <br> (RY CN)<br>| 467930 | 68550552 |
|  | Royal Bank of Canada <br> (RY US)<br>| 1198667 | 175604715 |
|  | Russel Metals, Inc. | 325178 | 10064509 |
| \* | Sangoma <br> Technologies Corp.<br>| 20967 | 110176 |
|  | Saputo, Inc. | 487649 | 11783127 |
| \* | Saturn Oil & Gas, Inc. | 14900 | 27940 |
| # | Savaria Corp. | 109314 | 1715448 |
| #\* | Seabridge Gold, Inc. <br> (SA US)<br>| 179639 | 4280797 |
|  | Secure Waste <br> Infrastructure Corp.<br>| 1105344 | 13799560 |
| \* | Shopify, Inc. (SHOP <br> US), Class A<br>| 119367 | 20753147 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| # | Sienna Senior Living, <br> Inc.<br>| 241785 | $3299536 |
| \* | SNDL, Inc. | 107315 | 230728 |
| \* | Source Energy <br> Services Ltd.<br>| 9700 | 85136 |
|  | South Bow Corp. | 638371 | 16553736 |
| \* | Spartan Delta Corp. | 43473 | 194653 |
| Ω | Spin Master Corp. | 53678 | 797200 |
|  | Sprott, Inc. (SII CN) | 5877 | 482579 |
|  | Sprott, Inc. (SII US) | 37499 | 3073043 |
| \* | SSR Mining, Inc. <br> (SSRM CN)<br>| 690540 | 15612302 |
| \* | SSR Mining, Inc. <br> (SSRM US)<br>| 6434 | 145151 |
|  | Stantec, Inc. (STN <br> CN)<br>| 139694 | 15469874 |
|  | Stantec, Inc. (STN <br> US)<br>| 71176 | 7891995 |
|  | Stella-Jones, Inc. | 249792 | 14178419 |
| \*Ω | STEP Energy <br> Services Ltd.<br>| 43194 | 168458 |
|  | StorageVault Canada, <br> Inc.<br>| 437429 | 1543812 |
|  | Strathcona Resources <br> Ltd.<br>| 4454 | 117499 |
| # | Sun Life Financial, <br> Inc. (SLF CN)<br>| 269728 | 16406186 |
| # | Sun Life Financial, <br> Inc. (SLF US)<br>| 594158 | 36160456 |
|  | Suncor Energy, Inc. <br> (SU CN)<br>| 8 | 337 |
|  | Suncor Energy, Inc. <br> (SU US)<br>| 2627914 | 104617256 |
| #\* | SunOpta, Inc. (SOY <br> CN)<br>| 83538 | 437777 |
| \* | SunOpta, Inc. (STKL <br> US)<br>| 39638 | 206910 |
|  | Superior Plus Corp. | 769689 | 4379251 |
| # | Surge Energy, Inc. | 321152 | 1518118 |
|  | Sylogist Ltd. | 15100 | 72671 |
|  | Taiga Building <br> Products Ltd.<br>| 19400 | 47720 |
|  | Tamarack Valley <br> Energy Ltd.<br>| 1815047 | 8062274 |
| \* | Taseko Mines Ltd. <br> (TGB US)<br>| 110319 | 499745 |
| \* | Taseko Mines Ltd. <br> (TKO CN)<br>| 600803 | 2720116 |
|  | TC Energy Corp. <br> (TRP US)<br>| 999593 | 50139585 |
| # | Teck Resources Ltd. <br> (TECK US), <br> Class B<br>| 831559 | 35690512 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Teck Resources Ltd. <br> (TECK/A CN), <br> Class A<br>| 4700 | $202235 |
|  | Teck Resources Ltd. <br> (TECKB CN), <br> Class B<br>| 70 | 3003 |
| \* | Telesat Corp. | 7308 | 219988 |
|  | TELUS Corp. | 281803 | 4120908 |
| \* | TELUS International <br> CDA, Inc.<br>| 21651 | 94126 |
| \* | Tenaz Energy Corp. | 7000 | 133557 |
| \* | TerrAscend Corp. | 15100 | 10658 |
| # | TerraVest Industries, <br> Inc.<br>| 22464 | 2174726 |
|  | TFI International, Inc. <br> (TFII CN)<br>| 149590 | 13442889 |
|  | TFI International, Inc. <br> (TFII US)<br>| 10128 | 908785 |
|  | Thomson Reuters <br> Corp. (TRI CN)<br>| 5196 | 795913 |
| # | Thomson Reuters <br> Corp. (TRI US)<br>| 40184 | 6150563 |
| #\* | Tidewater Midstream <br> & Infrastructure <br> Ltd.<br>| 7381 | 31262 |
| # | Timbercreek Financial <br> Corp.<br>| 233537 | 1105619 |
|  | TMX Group Ltd. | 289015 | 10659688 |
| # | Topaz Energy Corp. | 279553 | 4963010 |
| \* | Torex Gold <br> Resources, Inc.<br>| 383356 | 15836617 |
| # | Toromont Industries <br> Ltd.<br>| 241550 | 29021133 |
|  | Toronto-Dominion <br> Bank (TD CN)<br>| 599266 | 49204287 |
|  | Toronto-Dominion <br> Bank (TD US)<br>| 744456 | 61142171 |
|  | Total Energy Services, <br> Inc.<br>| 153816 | 1546328 |
|  | Tourmaline Oil Corp. | 997331 | 43866770 |
| # | TransAlta Corp. | 405415 | 7163683 |
|  | TransAlta Corp.  | 701890 | 12405870 |
| \* | Transat AT, Inc. | 53600 | 80636 |
|  | Transcontinental, Inc., <br> Class A<br>| 216626 | 3041151 |
| \*†† | Trevali Mining Corp. | 258153 | 0 |
| # | Trican Well Service <br> Ltd.<br>| 1376313 | 5151789 |
|  | Triple Flag Precious <br> Metals Corp. (TFPM <br> CN)<br>| 2987 | 82952 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Triple Flag Precious <br> Metals Corp. (TFPM <br> US)<br>| 94976 | $2636523 |
| \* | Trisura Group Ltd. <br> (TRRSF US)<br>| 231 | 6290 |
| \* | Trisura Group Ltd. <br> (TSU CN)<br>| 101025 | 2783937 |
| \* | Valeura Energy, Inc. | 13508 | 64143 |
|  | Vecima Networks, <br> Inc.<br>| 4100 | 29496 |
|  | Velan, Inc. | 3300 | 38587 |
| # | Vermilion Energy, Inc. <br> (VET CN)<br>| 145189 | 1085901 |
|  | Vermilion Energy, Inc. <br> (VET US)<br>| 513148 | 3833216 |
|  | VersaBank (VBNK <br> CN)<br>| 21290 | 254105 |
|  | VersaBank (VBNK <br> US)<br>| 3669 | 43551 |
| \*†† | Victoria Gold <br> Corp./Vancouver<br>| 1949 | 125 |
| \* | Viemed Healthcare, <br> Inc.<br>| 6057 | 39128 |
| \* | Vitalhub Corp. | 26200 | 204736 |
|  | Wajax Corp. | 84604 | 1500197 |
|  | Waste Connections, <br> Inc. (WCN CN)<br>| 43109 | 7229765 |
|  | Waste Connections, <br> Inc. (WCN US)<br>| 88436 | 14829026 |
| \* | Well Health <br> Technologies Corp.<br>| 796790 | 2982530 |
| #\* | Wesdome Gold Mines <br> Ltd.<br>| 693859 | 10468116 |
|  | West Fraser Timber <br> Co. Ltd. (WFG CN)<br>| 190292 | 11613839 |
|  | West Fraser Timber <br> Co. Ltd. (WFG US)<br>| 19314 | 1178158 |
| #\* | Western Forest <br> Products, Inc.<br>| 28819 | 245136 |
| # | Westshore Terminals <br> Investment Corp.<br>| 134791 | 2477567 |
|  | Wheaton Precious <br> Metals Corp. (WPM <br> US)<br>| 73549 | 7098949 |
| # | Whitecap Resources, <br> Inc.<br>| 4900548 | 36481463 |
| \* | WildBrain Ltd. | 168521 | 180230 |
|  | Winpak Ltd. | 84256 | 2584359 |
|  | WSP Global, Inc. | 122661 | 23450373 |
| \* | Yangarra Resources <br> Ltd.<br>| 290894 | 211552 |
|  | Yellow Pages Ltd. | 49661 | 389484 |
| TOTAL CANADA | TOTAL CANADA |  | 4372179866 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (0.1%) | CHINA — (0.1%) | CHINA — (0.1%) | CHINA — (0.1%) |
|  | China Gold <br> International <br> Resources Corp. <br> Ltd. (CGG CN)<br>| 2627562 | $44493670 |
| \*†† | Hanfeng Evergreen, <br> Inc.<br>| 42625 | 0 |
| \* | Neo-Neon Holdings <br> Ltd.<br>| 1145000 | 53698 |
| #\* | Tongda Group <br> Holdings Ltd.<br>| 215399 | 127686 |
| TOTAL CHINA | TOTAL CHINA |  | 44675054 |
| DENMARK — (2.1%) | DENMARK — (2.1%) | DENMARK — (2.1%) | DENMARK — (2.1%) |
| \* | ALK-Abello AS | 525386 | 17331656 |
|  | Alm Brand AS | 4542002 | 12782555 |
| # | Ambu AS, Class B | 612324 | 9524394 |
| # | AP Moller - Maersk <br> AS (MAERSKA <br> DC), Class A<br>| 3745 | 7719026 |
|  | AP Moller - Maersk <br> AS (MAERSKB <br> DC), Class B<br>| 5279 | 10853240 |
| \* | Bang & Olufsen AS | 400487 | 818734 |
| \* | Bavarian Nordic AS | 272382 | 10064063 |
| # | Carlsberg AS, <br> Class B<br>| 237768 | 27956651 |
| # | cBrain AS | 10163 | 236660 |
|  | Chemometec AS | 16005 | 1955979 |
| # | Coloplast AS, Class B | 102784 | 9296237 |
|  | Columbus AS | 274352 | 409999 |
|  | D/S Norden AS | 100294 | 4008665 |
|  | Danske Bank AS | 1144970 | 51172371 |
| #\* | Demant AS | 214153 | 7124898 |
| \* | Dfds AS | 92917 | 1310131 |
|  | Djurslands Bank AS | 1040 | 127740 |
| # | DSV AS | 214644 | 45806858 |
|  | FLSmidth & Co. AS | 246550 | 19201226 |
|  | Foroya Banki P | 2818 | 95212 |
| \* | Genmab AS (GMAB <br> DC)<br>| 100563 | 28683363 |
| #\* | GN Store Nord AS | 407879 | 7142201 |
|  | GronlandsBANKEN <br> AS<br>| 33 | 4458 |
|  | H Lundbeck AS <br> (HLUNA DC), <br> Class A<br>| 164384 | 928309 |
|  | H Lundbeck AS <br> (HLUNB DC)<br>| 856800 | 6248758 |
| #\* | H&H International AS, <br> Class B<br>| 75228 | 1033349 |
| # | Harboes Bryggeri AS, <br> Class B<br>| 2462 | 49354 |
| #\* | Huscompagniet AS | 3907 | 26072 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
|  | ISS AS | 450085 | $14186185 |
|  | Jeudan AS | 21221 | 672408 |
|  | Jyske Bank AS | 247254 | 29061546 |
|  | Matas AS | 204660 | 4062860 |
|  | MT Hoejgaard Holding <br> AS<br>| 1221 | 80097 |
| \*Ω | Netcompany Group <br> AS<br>| 99012 | 4947446 |
| \* | Nilfisk Holding AS | 41584 | 690238 |
| \* | NKT AS | 286799 | 32104505 |
| \*Ω | NNIT AS | 36488 | 311683 |
| \* | North Media AS | 10716 | 83520 |
| # | Novo Nordisk AS <br> (NOVOB DC), <br> Class B<br>| 1773052 | 87290313 |
| # | Novo Nordisk AS <br> (NVO US), <br> Sponsored ADR<br>| 928818 | 45939338 |
| # | Novonesis <br> Novozymes B, <br> Class B<br>| 763750 | 45641397 |
| #\* | NTG Nordic Transport <br> Group AS<br>| 24483 | 690895 |
| \*Ω | Orsted AS | 349036 | 6250971 |
|  | Pandora AS | 385858 | 51631150 |
|  | Parken Sport & <br> Entertainment AS<br>| 9524 | 212348 |
|  | Per Aarsleff Holding <br> AS<br>| 98509 | 11186047 |
|  | Ringkjoebing <br> Landbobank AS<br>| 146741 | 33186316 |
|  | Rockwool AS, <br> Class A<br>| 70951 | 2430226 |
|  | Rockwool AS, <br> Class B<br>| 383080 | 13126497 |
|  | Royal Unibrew AS | 238392 | 18017714 |
| #\* | RTX AS | 25439 | 424208 |
| Ω | Scandinavian Tobacco <br> Group AS<br>| 185857 | 2464107 |
|  | Schouw & Co. AS | 69765 | 6414342 |
| # | Solar AS, Class B | 17015 | 539871 |
| # | SP Group AS | 11063 | 498944 |
|  | Sparekassen <br> Sjaelland-Fyn AS<br>| 11193 | 582337 |
|  | Sydbank AS | 333715 | 28489670 |
|  | TCM Group AS | 8463 | 94236 |
| # | Tivoli AS | 1741 | 159121 |
|  | TORM PLC, Class A | 177464 | 3828041 |
| # | Tryg AS | 817510 | 20150789 |
|  | UIE PLC | 43770 | 2127847 |
|  | Vestas Wind Systems <br> AS<br>| 1428164 | 29208956 |
|  | Vestjysk Bank AS | 43326 | 47509 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
| \* | Zealand Pharma AS | 120529 | $9542831 |
| TOTAL DENMARK | TOTAL DENMARK |  | 788288668 |
| FINLAND — (1.7%) | FINLAND — (1.7%) | FINLAND — (1.7%) | FINLAND — (1.7%) |
|  | Aktia Bank OYJ | 212235 | 2617436 |
| # | Alandsbanken Abp, <br> Class B<br>| 1250 | 65269 |
|  | Alma Media OYJ | 67280 | 1148163 |
| # | Anora Group OYJ | 65221 | 236498 |
|  | Apetit OYJ | 3389 | 54684 |
|  | Aspo OYJ | 32663 | 235723 |
|  | Atria OYJ | 72002 | 1137829 |
| # | Bittium OYJ | 75464 | 1479593 |
|  | Citycon OYJ | 145283 | 493297 |
|  | Digia OYJ | 35456 | 247669 |
|  | Elisa OYJ | 473458 | 20862549 |
| #\* | Endomines Finland <br> OYJ<br>| 357 | 11130 |
| #Ω | Enento Group OYJ | 31224 | 555130 |
| # | eQ OYJ | 7039 | 89247 |
|  | Evli OYJ, Class B | 1367 | 33877 |
| # | Finnair OYJ | 572020 | 1878758 |
| # | Fiskars OYJ Abp | 78549 | 1184350 |
| # | Fortum OYJ | 1497803 | 33400886 |
|  | F-Secure OYJ | 299317 | 590999 |
| #\* | Glaston OYJ Abp | 5708 | 7523 |
|  | Gofore OYJ | 7011 | 114337 |
|  | Harvia OYJ | 44027 | 1840043 |
|  | Hiab OYJ | 197332 | 10928296 |
| # | HKFoods OYJ | 149801 | 291803 |
|  | Huhtamaki OYJ | 354422 | 11910991 |
|  | Ilkka OYJ | 6838 | 31459 |
| \* | Incap OYJ | 29331 | 316070 |
|  | Kalmar OYJ, Class B | 197492 | 8182055 |
| # | Kamux Corp. | 41665 | 93466 |
| # | Kemira OYJ | 532975 | 11730382 |
| # | Kesko OYJ (KESKOA <br> FH), Class A<br>| 159054 | 3399773 |
|  | Kesko OYJ (KESKOB <br> FH), Class B<br>| 1296571 | 27350663 |
| \* | Kojamo OYJ | 239102 | 2897246 |
|  | Kone OYJ, Class B | 443209 | 29612137 |
|  | Konecranes OYJ | 363496 | 35879815 |
|  | Lassila & Tikanoja <br> OYJ<br>| 110544 | 1266251 |
| #\* | Lindex Group OYJ | 142969 | 445977 |
|  | Mandatum OYJ | 642083 | 4605187 |
|  | Marimekko OYJ | 89059 | 1312800 |
| # | Metsa Board OYJ <br> (METSB FH), <br> Class B<br>| 479416 | 1626297 |
| # | Metso OYJ | 1935338 | 31737593 |
|  | Neste OYJ | 601384 | 12461077 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) |
| # | Nokia OYJ (NOK US), <br> Sponsored ADR<br>| 663315 | $4583507 |
|  | Nokia OYJ (NOKIA <br> FH)<br>| 3375434 | 23024836 |
|  | Nokia OYJ (NOKIA <br> FP)<br>| 1186596 | 8051434 |
| # | Nokian Renkaat OYJ | 371369 | 3744977 |
|  | Nordea Bank Abp <br> (NDA FH)<br>| 3434642 | 58755745 |
|  | Nordea Bank Abp <br> (NDA SS)<br>| 2414342 | 41255446 |
|  | Olvi OYJ, Class A | 43535 | 1485719 |
| # | Oma Saastopankki <br> OYJ<br>| 24666 | 311671 |
| \* | Optomed OYJ | 14586 | 66104 |
|  | Oriola OYJ (OKDBV <br> FH), Class B<br>| 452967 | 616411 |
| # | Orion OYJ (ORNAV <br> FH), Class A<br>| 31511 | 2206361 |
|  | Orion OYJ (ORNBV <br> FH), Class B<br>| 503749 | 35178280 |
| # | Outokumpu OYJ | 1123990 | 4834406 |
|  | Pihlajalinna OYJ | 48909 | 840265 |
|  | Ponsse OYJ | 47190 | 1381777 |
|  | Puuilo OYJ | 176207 | 2885184 |
| #\* | QT Group OYJ | 38592 | 1581256 |
|  | Raisio OYJ, Class V | 251023 | 727799 |
| #\* | Remedy <br> Entertainment OYJ<br>| 2352 | 37156 |
|  | Revenio Group OYJ | 53746 | 1500097 |
|  | Sampo OYJ, Class A | 3952894 | 44032083 |
| # | Sanoma OYJ | 426907 | 5217866 |
|  | Scanfil OYJ | 25472 | 321247 |
| # | Stora Enso OYJ, <br> Class R<br>| 1730322 | 20148132 |
| #\* | Suominen OYJ | 10369 | 19957 |
| # | Taaleri PLC | 19235 | 159656 |
| # | Talenom OYJ | 21268 | 77434 |
|  | Teleste OYJ | 20343 | 95002 |
| Ω | Terveystalo OYJ | 320444 | 3447309 |
| # | TietoEVRY OYJ | 356903 | 7660378 |
| # | Tokmanni Group <br> Corp.<br>| 158346 | 1565256 |
| # | UPM-Kymmene OYJ | 971598 | 26070207 |
|  | Vaisala OYJ, Class A | 62943 | 3107796 |
| # | Valmet OYJ | 585054 | 19036874 |
| \* | Verkkokauppa.com <br> OYJ<br>| 9820 | 44850 |
|  | Wartsila OYJ Abp | 953764 | 31204409 |
| #\* | WithSecure OYJ | 88143 | 174538 |
| \* | YIT OYJ | 448097 | 1514647 |
| TOTAL FINLAND | TOTAL FINLAND |  | 621330400 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (7.2%) | FRANCE — (7.2%) | FRANCE — (7.2%) | FRANCE — (7.2%) |
| \* | 74Software SA | 38165 | $1574269 |
|  | ABC arbitrage | 65204 | 402856 |
|  | Accor SA | 207440 | 10553066 |
|  | Aeroports de Paris <br> SA<br>| 105377 | 14455719 |
|  | Air Liquide SA | 186338 | 36063645 |
|  | Airbus SE | 335774 | 82792141 |
|  | AKWEL SADIR | 45607 | 583180 |
| \* | Alstom SA | 1429818 | 35756284 |
| # | Altamir | 46348 | 1466167 |
|  | Alten SA | 109095 | 8984549 |
| Ω | Amundi SA | 161801 | 11994692 |
| #\*Ω | Aramis Group SAS | 2892 | 20950 |
|  | Arkema SA | 176945 | 10503927 |
| # | Assystem SA | 31540 | 1581866 |
|  | Aubay | 26332 | 1518578 |
|  | AXA SA | 929826 | 40343667 |
| Ω | Ayvens SA | 181370 | 2419711 |
| #\* | Bastide le Confort <br> Medical<br>| 11787 | 335563 |
| # | Beneteau SACA | 130507 | 1257958 |
|  | BioMerieux | 60838 | 7832930 |
|  | BNP Paribas SA | 765928 | 59327212 |
|  | Boiron SA | 27994 | 906648 |
|  | Bollore SE | 1577823 | 8785916 |
|  | Bonduelle SCA | 52638 | 539403 |
|  | Bouygues SA | 801598 | 36182615 |
|  | Bureau Veritas SA | 789401 | 25941639 |
|  | Capgemini SE | 169369 | 26056640 |
|  | Carrefour SA | 1827139 | 27518440 |
|  | Catana Group | 71139 | 239557 |
|  | CBo Territoria | 2301 | 9654 |
| \* | Cegedim SA | 23260 | 305545 |
|  | Cie de Saint-Gobain <br> SA<br>| 958211 | 93005878 |
|  | Cie des Alpes | 102140 | 2343151 |
|  | Cie Generale des <br> Etablissements <br> Michelin SCA<br>| 2012564 | 64292188 |
| \* | Claranova SE | 80548 | 156826 |
| \* | Clariane SE | 419282 | 1802561 |
|  | Coface SA | 656019 | 11553991 |
|  | Credit Agricole SA | 892367 | 16108446 |
|  | Danone SA | 542142 | 47880149 |
|  | Dassault Aviation SA | 22343 | 7199923 |
|  | Dassault Systemes <br> SE<br>| 214053 | 6091464 |
|  | Derichebourg SA | 587211 | 4005678 |
|  | Edenred SE | 377454 | 10849597 |
|  | Eiffage SA | 402573 | 49536505 |
| #\* | Ekinops SAS | 27110 | 49180 |
|  | Electricite de <br> Strasbourg SA<br>| 1606 | 323967 |
| \*Ω | Elior Group SA | 354954 | 1146271 |
|  | Elis SA | 1003894 | 27957583 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
| \* | Emeis SA | 37206 | $614271 |
|  | Engie SA | 4907783 | 114905686 |
|  | Equasens | 340 | 14883 |
| # | Eramet SA | 17500 | 1198060 |
|  | EssilorLuxottica SA | 105700 | 38709310 |
| # | Esso SA Francaise | 11456 | 1288048 |
|  | Etablissements Maurel <br> et Prom SA<br>| 353940 | 1972858 |
|  | Eurazeo SE | 137285 | 9358425 |
| \* | Euroapi SA | 76607 | 283359 |
|  | Eurofins Scientific SE | 422072 | 29768516 |
| Ω | Euronext NV | 190501 | 27224830 |
| #\* | Eutelsat <br> Communications <br> SACA<br>| 880640 | 3406989 |
|  | Exel Industries SA, <br> Class A<br>| 4936 | 195749 |
|  | FDJ UNITED | 285476 | 8317942 |
| \* | Figeac Aero | 987 | 13827 |
|  | Fnac Darty SA | 3099 | 101433 |
|  | Fnac Darty SA (0QSH <br> LI)<br>| 12150 | 396026 |
|  | Fnac Darty SA (FNAC <br> FP)<br>| 44634 | 1461728 |
| \* | Forvia SE (1EO IM) | 64858 | 834333 |
| \* | Forvia SE (FRVIA <br> FP)<br>| 560214 | 7173859 |
| \* | Gaumont SA | 768 | 82378 |
|  | Gaztransport Et <br> Technigaz SA<br>| 149223 | 29550620 |
|  | GEA | 181 | 17309 |
|  | Getlink SE | 994887 | 18159890 |
|  | GL Events SACA | 43779 | 1398115 |
|  | Groupe Crit SA | 21095 | 1508341 |
| #\* | Guerbet | 18886 | 346589 |
| # | Hermes International <br> SCA<br>| 23367 | 57820682 |
| \* | ID Logistics Group <br> SACA<br>| 13312 | 6046123 |
|  | Imerys SA | 107437 | 2646386 |
|  | Infotel SA | 2750 | 127739 |
|  | Interparfums SA | 47568 | 1564709 |
|  | Ipsen SA | 137276 | 19291561 |
|  | IPSOS SA | 189954 | 7281204 |
|  | Jacquet Metals SACA | 60963 | 1230916 |
|  | JCDecaux SE | 245737 | 4471058 |
|  | Kaufman & Broad SA | 56279 | 1893906 |
|  | Kering SA | 75210 | 26708341 |
|  | Laurent-Perrier | 7401 | 798491 |
| # | Lectra | 4654 | 123425 |
|  | Legrand SA | 279922 | 48339089 |
|  | Linedata Services | 3879 | 200606 |
|  | LISI SA | 40903 | 2395893 |
|  | LNA Sante SA | 24587 | 685558 |
|  | L'Oreal SA | 121996 | 50910310 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
| \* | Lumibird | 1432 | $35869 |
|  | LVMH Moet Hennessy <br> Louis Vuitton SE<br>| 247349 | 174831860 |
| #\*Ω | Maisons du Monde <br> SA<br>| 115407 | 271995 |
|  | Manitou BF SA | 40136 | 806141 |
|  | Mersen SA | 69826 | 1764964 |
|  | Metropole Television <br> SA<br>| 80796 | 1114689 |
|  | Nexans SA | 117200 | 16502015 |
| #\* | Nexity SA | 113880 | 1191974 |
|  | NRJ Group | 87380 | 811595 |
|  | Oeneo SA | 138265 | 1472588 |
|  | Opmobility | 178693 | 2918712 |
|  | Orange SA (ORA FP) | 6848685 | 109554062 |
| \* | OSE Immuno | 6923 | 47301 |
| #\* | OVH Groupe SA | 19027 | 178389 |
|  | Pernod Ricard SA | 211565 | 20720784 |
| \* | Pierre Et Vacances <br> SA<br>| 311118 | 582991 |
|  | Pluxee NV | 150993 | 2916811 |
|  | Publicis Groupe SA <br> (PUB FP)<br>| 468162 | 46923463 |
| # | Publicis Groupe SA <br> (PUBGY US), ADR<br>| 28265 | 709734 |
|  | Quadient SA | 95871 | 1650077 |
| # | Remy Cointreau SA | 20672 | 1024193 |
|  | Renault SA | 726513 | 28231702 |
|  | Rexel SA | 1147692 | 39796192 |
|  | Robertet SA | 1542 | 1479920 |
|  | Rubis SCA | 145874 | 5296969 |
|  | Safran SA | 250617 | 89048810 |
|  | Samse SACA | 989 | 143022 |
|  | Sanofi SA (SAN FP) | 552673 | 55909937 |
|  | Sanofi SA (SNY US), <br> ADR<br>| 68537 | 3466601 |
|  | Sartorius Stedim <br> Biotech<br>| 9917 | 2371843 |
|  | Savencia SA | 19407 | 1396147 |
|  | Schneider Electric SE <br> (0NWV LI)<br>| 19869 | 5610603 |
|  | Schneider Electric SE <br> (SU FP)<br>| 154363 | 43982616 |
|  | SCOR SE | 635994 | 19252665 |
| # | SEB SA | 78064 | 4319586 |
| # | Seche Environnement <br> SACA<br>| 12569 | 1017602 |
|  | SES SA | 1789525 | 13712001 |
| \*Ω | SMCP SA | 136049 | 958141 |
|  | Societe BIC SA | 80481 | 4478087 |
|  | Societe des Bains de <br> Mer et du Cercle <br> des Etrangers a <br> Monaco<br>| 755 | 93181 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Societe Generale SA | 1071889 | $67979851 |
|  | Societe LDC SADIR | 5415 | 576088 |
| # | Sodexo SA | 260138 | 14403952 |
|  | Sodexo, Inc. | 8908 | 493265 |
| \* | SOITEC | 43863 | 2075654 |
| #\* | Solutions 30 SE | 11956 | 13756 |
|  | Sopra Steria Group | 71039 | 11057033 |
|  | SPIE SA | 542648 | 27616632 |
| # | Stef SA | 22312 | 3112308 |
| # | STMicroelectronics <br> NV (STM FP)<br>| 876681 | 21527677 |
| # | Sword Group | 24297 | 1028144 |
|  | Synergie SE | 41734 | 1616571 |
|  | Technip Energies NV | 626610 | 25461701 |
|  | Teleperformance SE | 167150 | 11935940 |
| # | Television Francaise 1 <br> SA<br>| 133303 | 1219528 |
| # | TFF Group | 795 | 17048 |
|  | Thales SA | 142400 | 40605757 |
|  | Thermador Groupe | 12068 | 1062619 |
| # | Tikehau Capital SCA | 25541 | 530538 |
|  | TotalEnergies SE <br> (TTE FP)<br>| 4092751 | 255530993 |
| # | TotalEnergies SE <br> (TTE US), <br> Sponsored ADR<br>| 215223 | 13395480 |
|  | Trigano SA | 43525 | 7243004 |
| \* | Ubisoft Entertainment <br> SA<br>| 294274 | 2627272 |
|  | Valeo SE | 649049 | 8973261 |
|  | Vallourec SACA | 802756 | 14967046 |
|  | Veolia Environnement <br> SA (VIE FP)<br>| 620139 | 20493797 |
|  | Vetoquinol SA | 4091 | 351814 |
|  | Vicat SACA | 79141 | 5933075 |
|  | VIEL & Cie SA | 80059 | 1624919 |
|  | Vinci SA | 701249 | 93768386 |
|  | Virbac SACA | 13467 | 5506690 |
| \* | Viridien | 21160 | 2591126 |
|  | Vivendi SE | 2173700 | 7829604 |
| #\* | Voltalia SA | 51820 | 426476 |
| # | Vranken-Pommery <br> Monopole SA<br>| 1916 | 26282 |
|  | VusionGroup | 8887 | 2470152 |
| # | Wavestone | 19684 | 1171349 |
| #\*Ω | Worldline SA | 414872 | 1124765 |
| \*Ω | X-Fab Silicon <br> Foundries SE<br>| 182530 | 1158223 |
| TOTAL FRANCE | TOTAL FRANCE |  | 2717541324 |
| GERMANY — (7.3%) | GERMANY — (7.3%) | GERMANY — (7.3%) | GERMANY — (7.3%) |
| # | 1&1 AG | 166280 | 4105690 |
| \* | 7C Solarparken AG | 157826 | 289413 |
|  | Adesso SE | 10989 | 1186621 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
| # | adidas AG | 212205 | $40124226 |
|  | Adtran Networks SE | 25248 | 628809 |
|  | AIXTRON SE | 149593 | 2397217 |
|  | All for One Group SE | 6633 | 311992 |
|  | Allgeier SE | 21233 | 447620 |
|  | Allianz SE (ALIZY <br> US), ADR<br>| 50320 | 2021858 |
|  | Allianz SE (ALV GR) | 195310 | 78483682 |
|  | AlzChem Group AG | 22911 | 4413858 |
| # | Amadeus Fire AG | 16623 | 1010985 |
| \* | Aroundtown SA | 1392408 | 4975726 |
|  | Atoss Software SE | 37599 | 5042600 |
| #Ω | Aumann AG | 5308 | 77025 |
| \* | Aumovio SE | 168165 | 7230060 |
| # | Aurubis AG | 152294 | 19857124 |
|  | BASF SE | 1745667 | 86134390 |
| \* | Basler AG | 10042 | 201493 |
|  | Bayer AG | 2945295 | 91611892 |
| # | Bayerische Motoren <br> Werke AG<br>| 495476 | 46200579 |
| #\* | BayWa AG (BYW6 <br> GR)<br>| 61967 | 368374 |
|  | Bechtle AG | 310976 | 13144840 |
| Ω | Befesa SA | 104040 | 3445601 |
| # | Beiersdorf AG | 94463 | 10014402 |
|  | Bertrandt AG | 15981 | 368909 |
|  | Bijou Brigitte AG | 13709 | 643278 |
|  | Bilfinger SE | 133177 | 14368802 |
| # | Borussia Dortmund <br> GmbH & Co. KGaA<br>| 236502 | 934812 |
| #\* | BRANICKS Group <br> AG<br>| 105407 | 237722 |
| # | Brenntag SE | 410125 | 22777821 |
| \*Ω | Brockhaus <br> Technologies AG<br>| 900 | 13380 |
|  | CANCOM SE (COK <br> GR)<br>| 65009 | 1849271 |
|  | Carl Zeiss Meditec <br> AG<br>| 70829 | 3592511 |
| \* | Ceconomy AG | 503707 | 2578788 |
| #\* | CENIT AG | 26633 | 216849 |
|  | Cewe Stiftung & Co. <br> KGaA<br>| 34614 | 3966126 |
|  | Commerzbank AG | 1576057 | 57467579 |
|  | Continental AG | 316088 | 24152876 |
| \* | Covestro AG | 516166 | 36051978 |
| # | CTS Eventim AG & <br> Co. KGaA<br>| 237943 | 21317635 |
|  | Daimler Truck Holding <br> AG<br>| 1531261 | 61377012 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | Data Modul AG <br> Produktion Und <br> Vertrieb Von <br> Elektronischen <br> Systemen<br>| 2656 | $88908 |
| #\*Ω | Delivery Hero SE | 53243 | 1352358 |
| # | Dermapharm Holding <br> SE<br>| 41728 | 1643071 |
| # | Deutsche Bank AG <br> (DB US)<br>| 558092 | 19962951 |
|  | Deutsche Bank AG <br> (DBK GR)<br>| 1854208 | 66380959 |
| # | Deutsche Beteiligungs <br> AG<br>| 52000 | 1424642 |
|  | Deutsche Boerse AG | 259172 | 65632707 |
|  | Deutsche EuroShop <br> AG<br>| 19397 | 414758 |
|  | Deutsche Lufthansa <br> AG<br>| 1409207 | 12354371 |
| #Ω | Deutsche <br> Pfandbriefbank AG<br>| 560776 | 2949428 |
|  | Deutsche Post AG | 2262064 | 103933584 |
|  | Deutsche Telekom AG <br> (DTE GR)<br>| 5657728 | 175249091 |
|  | Deutsche Telekom AG <br> (DTEGY US), <br> Sponsored ADR<br>| 4026 | 125128 |
|  | Deutsche Wohnen <br> SE<br>| 71545 | 1783099 |
|  | Deutz AG | 225216 | 2232313 |
|  | Draegerwerk AG & <br> Co. KGaA<br>| 12257 | 863172 |
|  | Duerr AG | 158820 | 3704417 |
| Ω | DWS Group GmbH & <br> Co. KGaA<br>| 150180 | 9614461 |
|  | E.ON SE | 6673910 | 124177277 |
|  | Eckert & Ziegler SE | 169048 | 3303674 |
| \* | EDAG Engineering <br> Group AG<br>| 20949 | 166801 |
|  | Elmos Semiconductor <br> SE<br>| 32846 | 3106216 |
|  | ElringKlinger AG | 141320 | 659595 |
| # | Energiekontor AG | 18365 | 716574 |
|  | Evonik Industries AG | 784342 | 13144032 |
| #\* | Evotec SE | 550313 | 4481694 |
|  | Fabasoft AG | 11109 | 193266 |
|  | Fielmann Group AG | 77112 | 4211361 |
|  | flatexDEGIRO AG | 333265 | 12641393 |
| \* | Fraport AG Frankfurt <br> Airport Services <br> Worldwide<br>| 157528 | 13502466 |
|  | Freenet AG | 753145 | 23421186 |
|  | Fresenius Medical <br> Care AG (FME GR)<br>| 448403 | 24073521 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | Fresenius Medical <br> Care AG (FMS US), <br> ADR<br>| 1074 | $28826 |
|  | Fresenius SE & Co. <br> KGaA<br>| 703880 | 40503334 |
|  | Friedrich Vorwerk <br> Group SE<br>| 30678 | 3303019 |
|  | FUCHS SE | 90619 | 3214446 |
|  | GEA Group AG | 629633 | 45036151 |
| # | Gerresheimer AG | 105698 | 3364324 |
|  | Gesco SE | 28579 | 523569 |
| # | GFT Technologies SE | 89405 | 1836656 |
| \* | Grand City Properties <br> SA<br>| 127701 | 1626053 |
| # | Grenke AG | 71146 | 1225851 |
| # | Hannover Rueck SE | 86988 | 24833199 |
| #Ω | Hapag-Lloyd AG | 54732 | 7869432 |
|  | Hawesko Holding SE | 1974 | 47689 |
|  | Heidelberg Materials <br> AG<br>| 378779 | 88862881 |
| #\* | Heidelberger <br> Druckmaschinen <br> AG<br>| 791914 | 1786036 |
|  | Hella GmbH & Co. <br> KGaA<br>| 5432 | 505639 |
| \* | HelloFresh SE | 459751 | 3727005 |
|  | Henkel AG & Co. <br> KGaA<br>| 133684 | 9982652 |
| # | Hensoldt AG | 233324 | 24871783 |
|  | HOCHTIEF AG | 78040 | 22400508 |
| \* | Hoenle AG | 4366 | 37839 |
|  | Hornbach Holding AG <br> & Co. KGaA<br>| 42650 | 4267443 |
|  | HUGO BOSS AG | 129258 | 5734525 |
|  | Indus Holding AG | 49401 | 1279363 |
|  | Infineon Technologies <br> AG (IFNNY US), <br> ADR<br>| 173010 | 6852926 |
|  | Infineon Technologies <br> AG (IFX GR)<br>| 1809236 | 71813816 |
| # | Init Innovation in <br> Traffic Systems SE<br>| 14714 | 793140 |
| Ω | Instone Real Estate <br> Group SE<br>| 108033 | 1034025 |
| \* | IONOS Group SE | 47848 | 1699379 |
|  | IVU Traffic <br> Technologies AG<br>| 28696 | 678563 |
|  | Jenoptik AG | 157636 | 3560361 |
| Ω | JOST Werke SE | 34312 | 1999005 |
|  | K&S AG | 774373 | 10088075 |
|  | KION Group AG | 353395 | 25110278 |
|  | Kloeckner & Co. SE | 80248 | 513131 |
| #\* | Knaus Tabbert AG | 9810 | 169979 |
|  | Knorr-Bremse AG | 193223 | 17979007 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
| \* | Koenig & Bauer AG | 31015 | $475943 |
| # | Kontron AG | 168742 | 4410666 |
|  | Krones AG | 57689 | 8379237 |
|  | KSB SE & Co. KGaA | 267 | 287894 |
|  | KWS Saat SE & Co. <br> KGaA<br>| 34435 | 2654375 |
| # | Lanxess AG | 251019 | 5977650 |
|  | LEG Immobilien SE | 141653 | 10795974 |
| # | Leifheit AG | 24899 | 427574 |
| \* | LPKF Laser & <br> Electronics SE<br>| 19933 | 151516 |
| \* | Medios AG | 6587 | 92711 |
|  | Mercedes-Benz Group <br> AG<br>| 1014994 | 65857413 |
|  | Merck KGaA | 26178 | 3429150 |
|  | MLP SE | 290405 | 2383476 |
| # | MTU Aero Engines <br> AG<br>| 74138 | 32400165 |
|  | Muenchener <br> Rueckversicherungs-Gesellschaft <br> AG in Muenchen<br>| 122464 | 75767728 |
|  | Multitude PLC | 9189 | 72286 |
|  | Mutares SE & Co. <br> KGaA<br>| 44793 | 1429892 |
| # | Nagarro SE | 21080 | 1175701 |
| # | Nemetschek SE | 195375 | 22575682 |
| #\* | Nordex SE | 346411 | 10229768 |
| # | Norma Group SE | 77994 | 1265562 |
| # | Patrizia SE | 135269 | 1132734 |
| \* | Pentixapharm Holding <br> AG<br>| 27609 | 49033 |
|  | Pfeiffer Vacuum <br> Technology AG<br>| 15067 | 2708758 |
|  | ProCredit Holding AG | 62600 | 559052 |
| # | Puma SE (PUM GR) | 317041 | 6741210 |
| \* | PVA TePla AG | 52690 | 1611260 |
|  | PWO AG | 5903 | 198753 |
| \* | q.beyond AG | 479501 | 471422 |
| # | Qiagen NV | 403702 | 18947714 |
| \* | R Stahl AG | 4599 | 83786 |
|  | Rational AG | 14353 | 10529337 |
|  | RENK Group AG | 12186 | 927796 |
|  | Rheinmetall AG | 84035 | 165194670 |
|  | RTL Group SA | 138640 | 5353036 |
|  | RWE AG | 868514 | 42757393 |
|  | SAF-Holland SE | 82602 | 1343673 |
| # | Salzgitter AG | 94156 | 3055538 |
|  | SAP SE (SAP GR) | 198124 | 51526575 |
|  | Schaeffler AG | 273227 | 2216691 |
| # | Schott Pharma AG & <br> Co. KGaA<br>| 13870 | 311432 |
| Ω | Scout24 SE | 94573 | 10937014 |
|  | Secunet Security <br> Networks AG<br>| 4812 | 1105438 |
| #\* | SFC Energy AG | 2564 | 46749 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
| #\* | SGL Carbon SE | 174965 | $619590 |
|  | Siemens AG (SIE <br> GR)<br>| 235038 | 66609112 |
|  | Siemens AG (SIEGY <br> US), Sponsored <br> ADR<br>| 5196 | 736221 |
| \* | Siemens Energy AG | 534674 | 66612522 |
| Ω | Siemens Healthineers <br> AG<br>| 223519 | 12528226 |
| # | Siltronic AG | 41316 | 2551425 |
|  | Sixt SE | 42269 | 3715772 |
| #\* | SMA Solar Technology <br> AG<br>| 38887 | 1166276 |
|  | Stabilus SE | 75588 | 1897607 |
|  | STRATEC SE | 8076 | 218458 |
|  | Stroeer SE & Co. <br> KGaA<br>| 102538 | 4486457 |
| # | Suedzucker AG | 187985 | 2073269 |
|  | Surteco Group SE | 32698 | 466738 |
|  | SUSS MicroTec SE | 61566 | 1978442 |
| # | Symrise AG | 284442 | 23523068 |
| # | TAG Immobilien AG | 643850 | 10688499 |
|  | Takkt AG | 72966 | 378933 |
| \* | Talanx AG | 198352 | 24153581 |
| \*Ω | TeamViewer SE | 41775 | 307491 |
|  | Technotrans SE | 16968 | 697486 |
|  | thyssenkrupp AG | 2004565 | 21006518 |
| #\*Ω | Thyssenkrupp Nucera <br> AG & Co. KGaA<br>| 15120 | 155935 |
| \* | Tkms AG& Co. KGaA | 100228 | 9444398 |
| \* | TUI AG | 1758814 | 14986623 |
|  | United Internet AG | 270967 | 8365246 |
|  | Verbio SE | 36978 | 656811 |
|  | Volkswagen AG | 38939 | 4107356 |
| # | Vonovia SE | 493969 | 14846615 |
| # | Vossloh AG | 42621 | 3887162 |
| # | Wacker Chemie AG | 55859 | 4405618 |
|  | Wacker Neuson SE | 105064 | 2287648 |
|  | Washtec AG | 51324 | 2442593 |
| \* | Westwing Group SE | 15029 | 199307 |
|  | Wuestenrot & <br> Wuerttembergische <br> AG<br>| 75342 | 1228203 |
| \*Ω | Zalando SE | 687125 | 19255010 |
|  | Zeal Network SE | 21319 | 1195390 |
| TOTAL GERMANY | TOTAL GERMANY |  | 2724238841 |
| HONG KONG — (1.5%) | HONG KONG — (1.5%) | HONG KONG — (1.5%) | HONG KONG — (1.5%) |
|  | Aeon Credit Service <br> Asia Co. Ltd.<br>| 78000 | 76011 |
|  | AIA Group Ltd. | 7285200 | 70890312 |
| \*†† | Aidigong Maternal & <br> Child Health Ltd.<br>| 67466 | 8509 |
| \* | Allied Group Ltd. | 1744000 | 539296 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | APAC Resources Ltd. | 481197 | $119672 |
|  | Asia Financial <br> Holdings Ltd.<br>| 400000 | 226358 |
| \* | Asia Standard <br> International Group <br> Ltd.<br>| 565561 | 21822 |
|  | ASMPT Ltd. | 771700 | 8122749 |
|  | Associated <br> International Hotels <br> Ltd.<br>| 79000 | 54328 |
|  | Bank of East Asia <br> Ltd.<br>| 3236737 | 5572999 |
|  | Best Mart 360 <br> Holdings Ltd.<br>| 408000 | 109184 |
|  | BOC Hong Kong <br> Holdings Ltd.<br>| 3312000 | 16274233 |
| #\* | Bright Smart <br> Securities & <br> Commodities Group <br> Ltd.<br>| 3018000 | 3779835 |
| Ω | Budweiser Brewing <br> Co. APAC Ltd.<br>| 1668800 | 1692735 |
|  | Build King Holdings <br> Ltd.<br>| 960000 | 189034 |
| # | Cafe de Coral <br> Holdings Ltd.<br>| 1054000 | 851394 |
|  | Cathay Pacific <br> Airways Ltd.<br>| 6407180 | 9120774 |
|  | Cheuk Nang Holdings <br> Ltd.<br>| 104488 | 18731 |
|  | Chevalier International <br> Holdings Ltd.<br>| 130276 | 64662 |
| \* | Chi Kan Holdings Ltd. | 88000 | 27396 |
| \* | China Energy <br> Development <br> Holdings Ltd.<br>| 33840000 | 148332 |
|  | China Motor Bus Co. <br> Ltd.<br>| 6800 | 51409 |
| \* | China Star <br> Entertainment Ltd.<br>| 7096000 | 1982314 |
|  | Chinese Estates <br> Holdings Ltd.<br>| 1775000 | 298641 |
|  | Chow Sang Sang <br> Holdings <br> International Ltd.<br>| 1129000 | 2020204 |
| \* | Chuang's Consortium <br> International Ltd.<br>| 3235553 | 139226 |
|  | CITIC Telecom <br> International <br> Holdings Ltd.<br>| 7914000 | 2516016 |
|  | CK Asset Holdings <br> Ltd.<br>| 1893124 | 9365746 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | CK Hutchison <br> Holdings Ltd.<br>| 2034408 | $13491118 |
| # | CK Infrastructure <br> Holdings Ltd.<br>| 768545 | 4998890 |
| \* | CK Life Sciences <br> International <br> Holdings, Inc.<br>| 7186000 | 831897 |
|  | CLP Holdings Ltd. | 1016500 | 8670099 |
| # | C-Mer Medical <br> Holdings Ltd.<br>| 1144000 | 268047 |
| #†† | Convoy, Inc. | 23823171 | 95960 |
| #\* | Cowell e Holdings, <br> Inc.<br>| 969000 | 3849535 |
| Ω | Crystal International <br> Group Ltd.<br>| 1613000 | 1413832 |
| \* | CSC Holdings Ltd. | 93760000 | 409896 |
| \* | CSI Properties Ltd. | 40033880 | 926366 |
|  | CTF Services Ltd. | 4116221 | 4447798 |
| \*†† | CW Group Holdings <br> Ltd.<br>| 1730500 | 0 |
|  | Dah Sing Banking <br> Group Ltd.<br>| 2056102 | 2910556 |
|  | Dah Sing Financial <br> Holdings Ltd.<br>| 808444 | 3738110 |
| #\* | Deep Source Holdings <br> Ltd.<br>| 9630000 | 942185 |
|  | Dickson Concepts <br> International Ltd.<br>| 427000 | 288758 |
|  | Dream International <br> Ltd.<br>| 482000 | 604461 |
| \* | DTXS Silk Road <br> Investment Holdings <br> Co. Ltd.<br>| 6000 | 545 |
|  | Dynamic Holdings <br> Ltd.<br>| 92000 | 144231 |
|  | Eagle Nice <br> International <br> Holdings Ltd.<br>| 1394000 | 649914 |
|  | EC Healthcare | 994000 | 81827 |
| †† | EcoGreen <br> International Group <br> Ltd.<br>| 468240 | 21470 |
| \* | Emperor Capital <br> Group Ltd.<br>| 1554000 | 20369 |
|  | Emperor Watch & <br> Jewellery Ltd.<br>| 10150000 | 372139 |
| \* | ENM Holdings Ltd. | 1964000 | 74559 |
| \* | Esprit Holdings Ltd. | 1013096 | 168455 |
|  | Fairwood Holdings <br> Ltd.<br>| 267000 | 176260 |
|  | Far East Consortium <br> International Ltd.<br>| 6654465 | 651015 |
|  | First Pacific Co. Ltd. | 7047756 | 5690428 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
| #\*Ω | FIT Hon Teng Ltd. | 9411000 | $7040782 |
|  | Four Seas Mercantile <br> Holdings Ltd.<br>| 36000 | 12047 |
| \*Ω | Frontage Holdings <br> Corp.<br>| 1238000 | 190386 |
|  | FSE Lifestyle Services <br> Ltd.<br>| 445000 | 331040 |
|  | Galaxy Entertainment <br> Group Ltd.<br>| 2121000 | 10567518 |
|  | Get Nice Holdings <br> Ltd.<br>| 159764 | 61222 |
|  | Giordano International <br> Ltd.<br>| 3728000 | 709524 |
|  | Glorious Sun <br> Enterprises Ltd.<br>| 1763000 | 301936 |
| #\*†† | Gold Financial <br> Holdings Ltd.<br>| 2104000 | 0 |
| \* | GR Life Style Co. Ltd. | 2932000 | 746506 |
|  | Great Eagle Holdings <br> Ltd.<br>| 560652 | 1049878 |
|  | G-Resources Group <br> Ltd.<br>| 6254820 | 6504206 |
|  | Guoco Group Ltd. | 27000 | 269132 |
| # | Guotai Junan <br> International <br> Holdings Ltd.<br>| 11609000 | 5693413 |
|  | Hang Lung Group <br> Ltd.<br>| 2766000 | 5263397 |
|  | Hang Lung Properties <br> Ltd.<br>| 5629656 | 6268861 |
|  | Hang Seng Bank Ltd. | 466400 | 9092443 |
| \* | Hanison Construction <br> Holdings Ltd.<br>| 269496 | 8407 |
|  | Harbour Centre <br> Development Ltd.<br>| 158000 | 85355 |
| # | Henderson Land <br> Development Co. <br> Ltd.<br>| 1439104 | 5062410 |
|  | HK Electric <br> Investments & HK <br> Electric Investments <br> Ltd.<br>| 4131500 | 3211245 |
| \* | HKR International <br> Ltd.<br>| 3979638 | 555554 |
|  | HKT Trust & HKT Ltd. | 11178000 | 16321799 |
|  | Hong Kong & China <br> Gas Co. Ltd.<br>| 9514586 | 8854768 |
|  | Hong Kong <br> Exchanges & <br> Clearing Ltd.<br>| 812318 | 44273675 |
|  | Hong Kong Ferry <br> Holdings Co. Ltd.<br>| 506000 | 313677 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Hong Kong <br> Technology Venture <br> Co. Ltd.<br>| 1515535 | $280034 |
| \* | Hongkong & Shanghai <br> Hotels Ltd.<br>| 2244726 | 1775095 |
| Ω | Honma Golf Ltd. | 558000 | 239170 |
|  | Hutchison <br> Telecommunications <br> Hong Kong <br> Holdings Ltd.<br>| 4412000 | 618433 |
|  | Hysan Development <br> Co. Ltd.<br>| 1115215 | 2310453 |
|  | IGG, Inc. | 3073000 | 1540374 |
| Ω | Impro Precision <br> Industries Ltd.<br>| 628000 | 404223 |
|  | International <br> Housewares Retail <br> Co. Ltd.<br>| 657000 | 66847 |
| \* | IPE Group Ltd. | 565000 | 59794 |
|  | Jacobson Pharma <br> Corp. Ltd.<br>| 90000 | 16774 |
|  | JBM Healthcare Ltd. | 210000 | 79843 |
|  | Johnson Electric <br> Holdings Ltd.<br>| 1648318 | 7734398 |
|  | K Wah International <br> Holdings Ltd.<br>| 3271000 | 929956 |
|  | Karrie International <br> Holdings Ltd.<br>| 2258000 | 821710 |
|  | Kerry Properties Ltd. | 1716583 | 4326589 |
| \* | Kingkey Financial <br> International <br> Holdings Ltd.<br>| 2020000 | 38902 |
|  | KLN Logistics Group <br> Ltd.<br>| 1222791 | 1131670 |
|  | Kowloon Development <br> Co. Ltd.<br>| 1578984 | 768360 |
| \* | Lai Sun Development <br> Co. Ltd.<br>| 1641880 | 138559 |
|  | Lam Soon Hong Kong <br> Ltd.<br>| 12000 | 17840 |
|  | Langham Hospitality <br> Investments & <br> Langham Hospitality <br> Investments Ltd.<br>| 401126 | 26344 |
| \* | Lerado Financial <br> Group Co. Ltd.<br>| 74000 | 1906 |
|  | Liu Chong Hing <br> Investment Ltd.<br>| 766000 | 431826 |
|  | Luk Fook Holdings <br> International Ltd.<br>| 1600000 | 5115560 |
|  | Man Wah Holdings <br> Ltd.<br>| 8041200 | 4909019 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
| \* | MECOM Power & <br> Construction Ltd.<br>| 1177500 | $22561 |
| \* | Melco International <br> Development Ltd.<br>| 618000 | 371270 |
|  | MGM China Holdings <br> Ltd.<br>| 1381200 | 2645599 |
| \*†† | MH Development <br> NPV<br>| 314080 | 0 |
| \* | Midland Holdings Ltd. | 1328364 | 374845 |
|  | Miramar Hotel & <br> Investment<br>| 609000 | 765012 |
|  | Modern Dental Group <br> Ltd.<br>| 1402000 | 942368 |
| \* | Modern Innovative <br> Digital Technology <br> Co. Ltd.<br>| 1888000 | 28085 |
| #\* | Mongolian Mining <br> Corp.<br>| 1746000 | 2544471 |
| # | MTR Corp. Ltd. | 1295632 | 4753270 |
|  | NagaCorp Ltd. | 4288192 | 2875346 |
|  | Nameson Holdings <br> Ltd.<br>| 1916000 | 219326 |
| \* | National United <br> Resources Holdings <br> Ltd.<br>| 33200 | 1329 |
| \* | New Focus Auto Tech <br> Holdings Ltd.<br>| 608000 | 3847 |
| #\* | New World <br> Development Co. <br> Ltd.<br>| 4099284 | 3794434 |
| \*†† | NewOcean Energy <br> Holdings Ltd.<br>| 4088000 | 0 |
| # | Nissin Foods Co. Ltd. | 834000 | 720414 |
|  | Orbusneich Medical <br> Group Holdings <br> Ltd.<br>| 15500 | 8948 |
|  | Oriental Watch <br> Holdings<br>| 1655793 | 724537 |
| #\* | Oshidori International <br> Holdings Ltd.<br>| 17466000 | 1128262 |
| # | Pacific Basin Shipping <br> Ltd.<br>| 23407000 | 7752341 |
|  | Pacific Textiles <br> Holdings Ltd.<br>| 2568000 | 479265 |
|  | PAX Global <br> Technology Ltd.<br>| 2753000 | 1886118 |
|  | PC Partner Group <br> Ltd.<br>| 940000 | 752149 |
|  | PCCW Ltd. | 16086308 | 11491566 |
| #\*†† | Peace Mark Holdings <br> Ltd.<br>| 232000 | 0 |
| # | Perfect Medical Health <br> Management Ltd.<br>| 1127000 | 200129 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Pico Far East <br> Holdings Ltd.<br>| 3140000 | $1059723 |
|  | Playmates Holdings <br> Ltd.<br>| 878000 | 59892 |
|  | Plover Bay <br> Technologies Ltd.<br>| 1048000 | 864492 |
|  | Power Assets <br> Holdings Ltd.<br>| 1344500 | 8541261 |
|  | PRADA SpA | 728200 | 4297300 |
| \* | Public Financial <br> Holdings Ltd.<br>| 1422000 | 234572 |
| #Ω | Regina Miracle <br> International <br> Holdings Ltd.<br>| 1148000 | 300917 |
| # | Sa Sa International <br> Holdings Ltd.<br>| 3280000 | 261726 |
| Ω | Samsonite Group SA | 3390300 | 7089321 |
|  | Sands China Ltd. | 1516000 | 3951084 |
|  | SAS Dragon Holdings <br> Ltd.<br>| 1326000 | 797440 |
|  | SEA Holdings Ltd. | 989918 | 163989 |
| \* | Shandong Hi-Speed <br> Holdings Group <br> Ltd.<br>| 569000 | 151086 |
| # | Shangri-La Asia Ltd. | 4186166 | 2612391 |
| \* | Shenwan Hongyuan <br> HK Ltd.<br>| 1310000 | 277594 |
| \* | Shun Tak Holdings <br> Ltd.<br>| 7816250 | 735215 |
|  | Singamas Container <br> Holdings Ltd.<br>| 4974000 | 415410 |
|  | Sino Land Co. Ltd. | 6969156 | 8656634 |
| \* | Sinohope Technology <br> Holdings Ltd.<br>| 176500 | 103296 |
|  | SITC International <br> Holdings Co. Ltd.<br>| 4284000 | 15806534 |
| #\* | SJM Holdings Ltd. | 5703125 | 2075515 |
| \* | Smart Fish Wealthlink <br> Holdings Ltd.<br>| 699300 | 38618 |
|  | SmarTone <br> Telecommunications <br> Holdings Ltd.<br>| 1001930 | 622381 |
| \* | Solomon Systech <br> International Ltd.<br>| 3622000 | 232608 |
| \* | Soundwill Holdings <br> Ltd.<br>| 172500 | 133758 |
| \* | Starcoin Group Ltd. | 1730000 | 54105 |
|  | Stella International <br> Holdings Ltd.<br>| 2115000 | 4496456 |
| # | Sun Hung Kai & Co. <br> Ltd.<br>| 2432787 | 1208271 |
|  | Sun Hung Kai <br> Properties Ltd.<br>| 636011 | 7739481 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
| # | SUNeVision Holdings <br> Ltd.<br>| 2780000 | $2159331 |
| # | Swire Pacific Ltd. (19 <br> HK), Class A<br>| 819000 | 6764383 |
|  | Swire Pacific Ltd. (87 <br> HK), Class B<br>| 1550000 | 2296705 |
|  | Swire Properties Ltd. | 821850 | 2238945 |
|  | TAI Cheung Holdings <br> Ltd.<br>| 1125000 | 460820 |
|  | Tai Hing Group <br> Holdings Ltd.<br>| 1223000 | 176208 |
|  | Tai Sang Land <br> Development Ltd.<br>| 84523 | 24770 |
|  | Tan Chong <br> International Ltd.<br>| 372000 | 75746 |
| \* | Taung Gold <br> International Ltd.<br>| 1110000 | 94018 |
|  | Techtronic Industries <br> Co. Ltd.<br>| 1570000 | 18312489 |
| \* | Television Broadcasts <br> Ltd.<br>| 1140900 | 487047 |
|  | Texhong International <br> Group Ltd.<br>| 1026000 | 601950 |
|  | Texwinca Holdings <br> Ltd.<br>| 2232000 | 224184 |
|  | Town Health <br> International <br> Medical Group Ltd.<br>| 2602000 | 92015 |
|  | Tradelink Electronic <br> Commerce Ltd.<br>| 1772000 | 232578 |
|  | Transport International <br> Holdings Ltd.<br>| 1077097 | 1482958 |
| # | United Laboratories <br> International <br> Holdings Ltd.<br>| 5269500 | 8531542 |
| \* | Unity Group Holdings <br> International Ltd.<br>| 1462000 | 74351 |
| \*†† | Untrade.Genting | 1416000 | 0 |
|  | Value Partners Group <br> Ltd.<br>| 4077000 | 1288836 |
|  | Vedan International <br> Holdings Ltd.<br>| 1188000 | 103607 |
|  | Vitasoy International <br> Holdings Ltd.<br>| 1956000 | 1913017 |
| \* | Viva Goods Co. Ltd. | 384000 | 29153 |
| \* | Vobile Group Ltd. | 488000 | 325299 |
|  | VSTECS Holdings <br> Ltd.<br>| 3775200 | 4674258 |
| # | VTech Holdings Ltd. | 485200 | 3957144 |
| \* | Wang On Group Ltd. | 32180000 | 119927 |
| \* | Wealthink <br> AI-Innovation <br> Capital Ltd.<br>| 2060000 | 68889 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
| Ω | WH Group Ltd. | 26649234 | $25634340 |
|  | Wharf Real Estate <br> Investment Co. Ltd.<br>| 2026750 | 5768574 |
|  | Wing On Co. <br> International Ltd.<br>| 123137 | 209996 |
|  | Wing Tai Properties <br> Ltd.<br>| 462000 | 99420 |
|  | Wynn Macau Ltd. | 3288800 | 2796485 |
| \* | Xingye Alloy Materials <br> Group Ltd.<br>| 279000 | 35672 |
| # | Xinyi Glass Holdings <br> Ltd.<br>| 7617439 | 8908814 |
|  | YesAsia Holdings Ltd. | 305000 | 196158 |
| # | Yue Yuen Industrial <br> Holdings Ltd.<br>| 2290000 | 4199792 |
| \* | Zhaobangji Lifestyle <br> Holdings Ltd.<br>| 240000 | 14538 |
| TOTAL HONG KONG | TOTAL HONG KONG |  | 578934023 |
| IRELAND — (0.5%) | IRELAND — (0.5%) | IRELAND — (0.5%) | IRELAND — (0.5%) |
|  | AIB Group PLC | 6594890 | 60780656 |
|  | Bank of Ireland Group <br> PLC<br>| 4521858 | 74036246 |
|  | Cairn Homes PLC | 2901465 | 6447240 |
|  | Dalata Hotel Group <br> PLC<br>| 640820 | 4753799 |
|  | FBD Holdings PLC <br> (FBD ID)<br>| 61609 | 1030579 |
|  | FBD Holdings PLC <br> (FBH LN)<br>| 18709 | 312691 |
|  | Glanbia PLC (GLB <br> ID)<br>| 655090 | 11088017 |
|  | Glanbia PLC (GLB <br> LN)<br>| 74909 | 1286385 |
| \*Ω | Glenveagh Properties <br> PLC<br>| 2219683 | 4878937 |
|  | Irish Continental <br> Group PLC (IR5B <br> ID)<br>| 492900 | 3261538 |
|  | Kerry Group PLC <br> (KYGA ID), Class A<br>| 42583 | 3884539 |
|  | Kerry Group PLC <br> (KYGA LN), <br> Class A<br>| 76886 | 6847327 |
|  | Kingspan Group PLC <br> (KGP LN)<br>| 19320 | 1472504 |
|  | Kingspan Group PLC <br> (KSP ID)<br>| 253018 | 18945552 |
| \* | Permanent TSB <br> Group Holdings <br> PLC<br>| 71127 | 238356 |
| TOTAL IRELAND | TOTAL IRELAND |  | 199264366 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (1.2%) | ISRAEL — (1.2%) | ISRAEL — (1.2%) | ISRAEL — (1.2%) |
| \* | Abra Information <br> Technologies Ltd.<br>| 2156 | $2906 |
| \* | Accel Solutions Group <br> Ltd.<br>| 153743 | 77608 |
|  | Ackerstein Group Ltd. | 28881 | 85996 |
| #\* | Adgar Investment & <br> Development Ltd.<br>| 184474 | 289794 |
| # | Afcon Holdings Ltd. | 2339 | 200019 |
| \* | AFI Properties Ltd. | 48972 | 3320242 |
|  | Africa Israel <br> Residences Ltd.<br>| 13270 | 1155626 |
| \* | Airport City Ltd. | 134264 | 2653890 |
| \* | Allot Ltd. | 48893 | 480019 |
| # | Alony Hetz Properties <br> & Investments Ltd.<br>| 182507 | 2237619 |
|  | Alrov Properties & <br> Lodgings Ltd.<br>| 27535 | 2473220 |
| # | Altshuler Shaham <br> Finance Ltd.<br>| 64944 | 171752 |
|  | Amot Investments <br> Ltd.<br>| 284975 | 2249862 |
|  | Analyst IMS <br> Investment <br> Management <br> Services Ltd.<br>| 1579 | 65992 |
|  | Arad Ltd. | 24891 | 397747 |
| \* | Argo Properties NV | 18714 | 686124 |
|  | Ari Real Estate Arena <br> Investment Ltd.<br>| 90628 | 82405 |
|  | Aryt Industries Ltd. | 9314 | 122003 |
| #\* | Ashdod Refinery Ltd. | 28941 | 490010 |
| # | Ashtrom Group Ltd. | 96852 | 2212871 |
|  | AudioCodes Ltd. <br> (AUDC IT)<br>| 9004 | 80037 |
|  | AudioCodes Ltd. <br> (AUDC US)<br>| 63868 | 570341 |
| # | Aura Investments Ltd. | 183463 | 1323342 |
| # | Automatic Bank <br> Services Ltd.<br>| 36980 | 257082 |
| \* | Avgol Industries 1953 <br> Ltd.<br>| 189621 | 80206 |
|  | Ayalon Holdings Ltd. | 2814 | 59282 |
| # | Azorim-Investment <br> Development & <br> Construction Co. <br> Ltd.<br>| 211589 | 1417193 |
|  | Azrieli Group Ltd. | 23130 | 2440263 |
|  | Bank Hapoalim BM | 1400697 | 28409858 |
|  | Bank Leumi Le-Israel <br> BM<br>| 2382401 | 48353134 |
| \* | Bet Shemesh Engines <br> Holdings 1997 Ltd.<br>| 17612 | 3631558 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Bezeq The Israeli <br> Telecommunication <br> Corp. Ltd.<br>| 3178137 | $6509777 |
|  | Big Shopping Centers <br> Ltd.<br>| 18371 | 4109750 |
|  | Blue Square Real <br> Estate Ltd.<br>| 18512 | 2237052 |
| #\* | Camtek Ltd. | 10598 | 1324422 |
|  | Carasso Motors Ltd. | 119553 | 1436363 |
| # | Carasso Real Estate <br> Ltd.<br>| 8883 | 106055 |
|  | Castro Model Ltd. | 249 | 15051 |
| \* | Cellcom Israel Ltd. <br> (CEL IT)<br>| 479698 | 5000645 |
| \* | Cellcom Israel Ltd. <br> (CELJF US)<br>| 48866 | 505519 |
| \* | Cielo-Blu Group Ltd. | 82254 | 101840 |
|  | Clal Insurance <br> Enterprises <br> Holdings Ltd.<br>| 259218 | 14413869 |
| # | Cohen Development <br> Gas & Oil Ltd.<br>| 762 | 50088 |
| \* | Compugen Ltd. | 69497 | 115520 |
|  | Danel Adir Yeoshua <br> Ltd.<br>| 17414 | 2409733 |
|  | Danya Cebus Ltd. | 17207 | 723375 |
|  | Delek Automotive <br> Systems Ltd.<br>| 94465 | 794671 |
|  | Delek Group Ltd. | 33597 | 8833228 |
| # | Delta Galil Ltd. | 50740 | 2832927 |
| # | Delta Israel Brands <br> Ltd.<br>| 2958 | 95894 |
| # | Diplomat Holdings <br> Ltd.<br>| 16197 | 256437 |
| # | Direct Finance of <br> Direct Group 2006 <br> Ltd.<br>| 2958 | 512595 |
|  | Dor Alon Energy in <br> Israel 1988 Ltd.<br>| 1634 | 73650 |
| \* | Doral Group <br> Renewable Energy <br> Resources Ltd.<br>| 295264 | 2115290 |
|  | Duniec Brothers Ltd. | 4080 | 339101 |
| #\* | El Al Israel Airlines | 731567 | 3039958 |
|  | Elbit Systems Ltd. <br> (ESLT IT)<br>| 1279 | 605835 |
|  | Elbit Systems Ltd. <br> (ESLT US)<br>| 1864 | 888662 |
|  | Electra Consumer <br> Products 1970 Ltd.<br>| 34446 | 1192960 |
|  | Electra Ltd. | 142780 | 4524441 |
| \* | Electra Real Estate <br> Ltd.<br>| 17232 | 263405 |
| \* | Ellomay Capital Ltd. | 2636 | 52705 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
| # | Energix-Renewable <br> Energies Ltd.<br>| 185882 | $858503 |
| \* | Enlight Renewable <br> Energy Ltd. (ENLT <br> IT)<br>| 27899 | 969760 |
| \* | Enlight Renewable <br> Energy Ltd. (ENLT <br> US)<br>| 26169 | 921149 |
| \* | Equital Ltd. | 110684 | 5278804 |
| \* | Fattal Holdings 1998 <br> Ltd.<br>| 22347 | 4056115 |
|  | First International <br> Bank of Israel Ltd.<br>| 163656 | 11770466 |
|  | FMS Enterprises <br> Migun Ltd.<br>| 12696 | 730395 |
|  | Formula Systems <br> 1985 Ltd. (FORTY <br> IT)<br>| 49097 | 7127213 |
|  | Fox Wizel Ltd. | 45474 | 5239177 |
|  | Gav-Yam Lands Corp. <br> Ltd.<br>| 38809 | 483706 |
| \* | Gilat Satellite <br> Networks Ltd.<br>| 111363 | 1604954 |
| # | Globrands Ltd. | 140 | 23096 |
| #\* | Hagag Group Real <br> Estate <br> Development<br>| 68668 | 493426 |
|  | Hamat Group Ltd. | 16096 | 75536 |
|  | Harel Insurance <br> Investments & <br> Financial Services <br> Ltd.<br>| 463049 | 16138750 |
|  | Hilan Ltd. | 69162 | 5448628 |
|  | ICL Group Ltd. | 636253 | 4167768 |
|  | IDI Insurance Co. Ltd. | 38000 | 2253132 |
| \* | IES Holdings Ltd. | 5847 | 562700 |
|  | Ilex Medical Ltd. | 11771 | 235905 |
| # | Inrom Construction <br> Industries Ltd.<br>| 314017 | 2339593 |
|  | Isracard Ltd. | 680693 | 2904132 |
| # | Israel Canada TR <br> Ltd.<br>| 231725 | 1207158 |
|  | Israel Discount Bank <br> Ltd., Class A<br>| 1850248 | 18490977 |
| # | Israel Shipyards <br> Industries Ltd.<br>| 7736 | 297295 |
| \* | Israir Group Ltd. | 210321 | 115881 |
|  | Isras Investment Co. <br> Ltd.<br>| 6051 | 1695374 |
|  | Isrotel Ltd. | 164 | 6497 |
|  | Issta Ltd. | 29456 | 958427 |
|  | Kamada Ltd. (KMDA <br> IT)<br>| 38092 | 266088 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
| \* | Kamada Ltd. (KMDA <br> US)<br>| 60456 | $418355 |
|  | Kardan Real Estate <br> Enterprise & <br> Development Ltd.<br>| 236728 | 508969 |
|  | Kenon Holdings Ltd. | 57414 | 2990517 |
|  | Kerur Holdings Ltd. | 23328 | 650009 |
| # | Klil Industries Ltd. | 4245 | 242955 |
|  | Kvutzat Acro Ltd. | 42396 | 619926 |
|  | Lahav L.R. Real <br> Estate Ltd.<br>| 65185 | 125998 |
|  | Land Development <br> Nimrodi Group Ltd.<br>| 77050 | 882353 |
| # | Lapidoth Capital Ltd. | 21264 | 533573 |
|  | Libra Insurance Co. <br> Ltd.<br>| 28096 | 138339 |
| # | M Yochananof & Sons <br> Ltd.<br>| 18750 | 1586616 |
|  | Magic Software <br> Enterprises Ltd. <br> (MGIC IT)<br>| 23624 | 484196 |
| # | Magic Software <br> Enterprises Ltd. <br> (MGIC US)<br>| 68770 | 1422164 |
| \* | Malam - Team Ltd. | 6197 | 266061 |
|  | Matrix IT Ltd. | 159053 | 5890304 |
|  | Max Stock Ltd. | 262349 | 1895281 |
| # | Maytronics Ltd. | 105870 | 131069 |
|  | Mediterranean Towers <br> Ltd.<br>| 314007 | 1384851 |
|  | Mega Or Holdings <br> Ltd.<br>| 65529 | 4023693 |
| # | Meitav Investment <br> House Ltd.<br>| 163940 | 5157761 |
|  | Melisron Ltd. | 31412 | 4088680 |
|  | MENIF - Financial <br> Services Ltd.<br>| 15705 | 99549 |
|  | Menora Mivtachim <br> Holdings Ltd.<br>| 101172 | 10077719 |
| \* | Meshek Energy <br> Renewable <br> Energies Ltd.<br>| 84882 | 171801 |
| # | Meshulam Levinstein <br> Contracting & <br> Engineering Ltd.<br>| 6195 | 933568 |
|  | Migdal Insurance & <br> Financial Holdings <br> Ltd.<br>| 1716318 | 6159005 |
|  | Mivne Real Estate KD <br> Ltd.<br>| 839510 | 3706650 |
| # | Mivtach Shamir <br> Holdings Ltd.<br>| 19553 | 1850154 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Mizrahi Tefahot Bank <br> Ltd.<br>| 271604 | $17659027 |
|  | Nawi Group Ltd. | 59172 | 978835 |
| #\* | Nayax Ltd. | 8950 | 374197 |
|  | Neto Malinda Trading <br> Ltd.<br>| 19971 | 876905 |
| \* | Neto ME Holdings <br> Ltd.<br>| 4448 | 284287 |
|  | Next Vision Stabilized <br> Systems Ltd.<br>| 166916 | 7328254 |
| \* | Nexxen International <br> Ltd.<br>| 21798 | 184345 |
| #\* | Nice Ltd. (NICE US), <br> Sponsored ADR<br>| 12419 | 1697181 |
| \* | Nova Ltd. (NVMI IT) | 19068 | 6623468 |
|  | Novolog Ltd. | 615015 | 239123 |
|  | Oil Refineries Ltd. | 7393287 | 2158464 |
|  | One Software <br> Technologies Ltd.<br>| 92305 | 2482040 |
| \* | OPC Energy Ltd. | 126781 | 2287144 |
| \* | OY Nofar Energy Ltd. | 6875 | 219460 |
| # | Palram Industries <br> 1990 Ltd.<br>| 34970 | 805771 |
|  | Partner <br> Communications <br> Co. Ltd.<br>| 543882 | 5400170 |
|  | Paz Retail & Energy <br> Ltd.<br>| 41742 | 8917549 |
|  | Peninsula Group Ltd. | 100100 | 96625 |
| #\* | Perion Network Ltd. | 97318 | 915147 |
|  | Phoenix Financial <br> Ltd.<br>| 485234 | 18680063 |
| # | Plasson Industries <br> Ltd.<br>| 12200 | 710851 |
|  | Polyram Plastic <br> Industries Ltd.<br>| 33733 | 117690 |
| # | Prashkovsky <br> Investments & <br> Construction Ltd.<br>| 27948 | 1425433 |
| \* | Priortech Ltd. | 17231 | 1317249 |
|  | Qualitau Ltd. | 6200 | 953229 |
|  | Rami Levy Chain <br> Stores Hashikma <br> Marketing 2006 <br> Ltd.<br>| 37873 | 3559384 |
| #\* | Rani Zim Shopping <br> Centers Ltd.<br>| 71393 | 126031 |
| # | Retailors Ltd. | 39723 | 711706 |
|  | Sano-Brunos <br> Enterprises Ltd.<br>| 139 | 16905 |
|  | Scope Metals Group <br> Ltd.<br>| 31567 | 1526441 |
|  | Shapir Engineering & <br> Industry Ltd.<br>| 107995 | 965807 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
| \* | Shikun & Binui Ltd. | 797633 | $4443044 |
| #\* | Shikun & Binui Soltec <br> Renewable Energy<br>| 177855 | 148496 |
|  | Shufersal Ltd. | 297688 | 3699656 |
|  | Strauss Group Ltd. | 38088 | 1072545 |
|  | Summit Real Estate <br> Holdings Ltd.<br>| 174255 | 3568097 |
|  | Suny Cellular <br> Communication <br> Ltd.<br>| 79718 | 36517 |
| # | Tadiran Group Ltd. | 11528 | 613939 |
| Ω | Tamar Petroleum Ltd. | 119641 | 1481084 |
| #\* | TAT Technologies Ltd. | 7244 | 310720 |
|  | Tel Aviv Stock <br> Exchange Ltd.<br>| 202604 | 4716419 |
| # | Telsys Ltd. | 8791 | 530782 |
| \* | Tera Light Ltd. | 1738 | 6727 |
| \* | Teva Pharmaceutical <br> Industries Ltd. <br> (TEVA IT)<br>| 314182 | 6433315 |
| \* | Teva Pharmaceutical <br> Industries Ltd. <br> (TEVA US), <br> Sponsored ADR<br>| 556446 | 11396014 |
|  | Tiv Taam Holdings 1 <br> Ltd.<br>| 174559 | 473125 |
| \* | Tower Semiconductor <br> Ltd. (TSEM IT)<br>| 600 | 49593 |
| \* | Tower Semiconductor <br> Ltd. (TSEM US)<br>| 32946 | 2806011 |
|  | Turpaz Industries Ltd. | 18282 | 298968 |
| \* | Veridis Environment <br> Ltd.<br>| 17846 | 177565 |
|  | Victory Supermarket <br> Chain Ltd.<br>| 102 | 1445 |
|  | Villar International <br> Ltd.<br>| 2362 | 139350 |
|  | YD More Investments <br> Ltd.<br>| 73368 | 1000176 |
| # | YH Dimri Construction <br> & Development <br> Ltd.<br>| 14071 | 1697850 |
| TOTAL ISRAEL | TOTAL ISRAEL |  | 459459759 |
| ITALY — (3.4%) | ITALY — (3.4%) | ITALY — (3.4%) | ITALY — (3.4%) |
|  | A2A SpA | 6174034 | 17988791 |
| \* | Abitare In SpA | 11287 | 36924 |
|  | ACEA SpA | 221961 | 5383468 |
| \* | Altea Green Power <br> SpA<br>| 8867 | 66114 |
| # | Amplifon SpA | 352542 | 6024857 |
| \* | Aquafil SpA | 6915 | 15144 |
|  | Ariston Holding NV | 78011 | 324331 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  | Arnoldo Mondadori <br> Editore SpA<br>| 706852 | $1698637 |
|  | Ascopiave SpA | 302866 | 1123797 |
| # | Avio SpA | 2986 | 129400 |
|  | Azimut Holding SpA | 502932 | 19683134 |
|  | Banca Generali SpA | 294523 | 16680594 |
|  | Banca IFIS SpA | 123140 | 3181395 |
|  | Banca Mediolanum <br> SpA<br>| 636988 | 12806301 |
| # | Banca Monte dei <br> Paschi di Siena <br> SpA<br>| 6979209 | 61211043 |
| # | Banca Profilo SpA | 908974 | 167745 |
| \*Ω | Banca Sistema SpA | 150366 | 271947 |
|  | Banco BPM SpA | 4773661 | 69549580 |
|  | Banco di Desio e della <br> Brianza SpA<br>| 100099 | 914848 |
| # | BasicNet SpA | 4285 | 33984 |
| \*Ω | BFF Bank SpA | 626823 | 7566082 |
| # | Biesse SpA | 19053 | 124757 |
| # | BPER Banca SpA | 8255460 | 98916044 |
|  | Brembo NV | 258854 | 2791835 |
| # | Brunello Cucinelli <br> SpA<br>| 136585 | 13842661 |
|  | Buzzi SpA | 336270 | 20257975 |
| \* | Cairo Communication <br> SpA<br>| 249371 | 828231 |
| Ω | Carel Industries SpA | 31721 | 824680 |
|  | Cembre SpA | 6702 | 488217 |
|  | Cementir Holding NV | 193185 | 3559534 |
| \* | CIR SpA-Compagnie <br> Industriali<br>| 2238490 | 1785857 |
|  | Comer Industries SpA | 993 | 42126 |
|  | Credito Emiliano SpA | 406582 | 6436752 |
| # | d'Amico International <br> Shipping SA<br>| 228606 | 1184278 |
| # | Danieli & C Officine <br> Meccaniche SpA <br> (DAN IM)<br>| 55127 | 2978845 |
|  | Danieli & C Officine <br> Meccaniche SpA <br> (DANR IM)<br>| 163712 | 6277312 |
|  | Datalogic SpA | 44649 | 236751 |
|  | De' Longhi SpA | 55102 | 2011223 |
| \*Ω | doValue SpA | 208898 | 652502 |
|  | Emak SpA | 256209 | 301412 |
| Ω | Enav SpA | 107033 | 559260 |
|  | Enel SpA | 7879569 | 79707805 |
| # | Eni SpA (E US), <br> Sponsored ADR<br>| 33688 | 1243424 |
|  | Eni SpA (ENI IM) | 4730086 | 87220294 |
| # | ERG SpA | 64866 | 1673291 |
|  | Esprinet SpA | 94341 | 631608 |
|  | Ferrari NV (RACE IM) | 106547 | 42667937 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
| # | Ferretti SpA | 75296 | $247323 |
|  | Fiera Milano SpA | 15032 | 136226 |
|  | Fila SpA | 95871 | 1051191 |
|  | FinecoBank Banca <br> Fineco SpA<br>| 1740117 | 39814129 |
| # | FNM SpA | 418814 | 219537 |
|  | Garofalo Health Care <br> SpA<br>| 25369 | 152868 |
|  | Gefran SpA | 22463 | 323723 |
|  | Generali | 174768 | 6727848 |
| # | GPI SpA | 4446 | 87280 |
|  | Hera SpA | 2969618 | 13328193 |
| # | IMMSI SpA | 455316 | 302651 |
|  | Intercos SpA | 24995 | 340667 |
|  | Interpump Group SpA | 69068 | 3564622 |
|  | Intesa Sanpaolo SpA | 8812451 | 56799234 |
|  | Iren SpA | 1706523 | 5035526 |
|  | Italgas SpA | 1801331 | 18901237 |
| # | Italian Sea Group <br> SpA<br>| 47208 | 262846 |
|  | Italmobiliare SpA | 41955 | 1575988 |
|  | Iveco Group NV | 824488 | 17522919 |
|  | Leonardo SpA | 226762 | 13341470 |
|  | Lottomatica Group <br> SpA<br>| 10140 | 250034 |
|  | LU-VE SpA | 14085 | 586455 |
|  | Maire SpA | 626222 | 9507950 |
| #\*†† | Mariella Burani <br> Fashion Group <br> SpA<br>| 2868 | 0 |
| # | MARR SpA | 32221 | 341858 |
|  | MFE-MediaForEurope <br> NV, Class A<br>| 813705 | 2937557 |
| # | MFE-MediaForEurope <br> NV (MFEA IM), <br> Class A<br>| 321462 | 1138218 |
|  | MFE-MediaForEurope <br> NV (MFEB IM), <br> Class B<br>| 78351 | 365385 |
|  | Moltiply Group SpA | 61269 | 3330504 |
|  | Moncler SpA | 320938 | 19252862 |
| \* | NewPrinces SpA | 37066 | 853012 |
| Ω | Nexi SpA | 1612808 | 8503717 |
|  | Orsero SpA | 32099 | 672511 |
| Ω | OVS SpA | 1268772 | 6403320 |
|  | Pharmanutra SpA | 9784 | 522451 |
| \*Ω | Philogen SpA | 520 | 14866 |
| # | Piaggio & C SpA | 527512 | 1200942 |
| Ω | Pirelli & C SpA | 1502012 | 10544189 |
| Ω | Poste Italiane SpA | 532813 | 12846067 |
|  | Prysmian SpA | 502780 | 52421711 |
| Ω | RAI Way SpA | 443480 | 3039107 |
|  | Recordati Industria <br> Chimica e <br> Farmaceutica SpA<br>| 216243 | 12871163 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  | Reply SpA | 47016 | $6598455 |
| \* | Revo SpA | 3895 | 80142 |
|  | Rizzoli Corriere Della <br> Sera Mediagroup <br> SpA<br>| 596339 | 709574 |
|  | Sabaf SpA | 32531 | 524793 |
| \* | Safilo Group SpA | 246290 | 481216 |
| # | Saipem SpA | 4706149 | 12268667 |
| #\* | Salvatore Ferragamo <br> SpA<br>| 81321 | 655655 |
| # | Sanlorenzo SpA | 52422 | 2049604 |
|  | Sesa SpA | 21368 | 1988521 |
|  | Snam SpA | 2079886 | 12827936 |
|  | Sogefi SpA | 274902 | 1108587 |
|  | SOL SpA | 145703 | 8531064 |
|  | Stellantis NV (STLA <br> UX)<br>| 11429 | 115890 |
| # | Stellantis NV (STLAM <br> IM)<br>| 4345647 | 44194563 |
| # | Tamburi Investment <br> Partners SpA<br>| 234130 | 2363211 |
| Ω | Technogym SpA | 468672 | 8489082 |
| \* | Telecom Italia SpA <br> (TIIAY US), <br> Sponsored ADR<br>| 179044 | 1072474 |
| #\* | Telecom Italia SpA <br> (TIT IM)<br>| 53741669 | 31688385 |
| \* | Telecom Italia SpA <br> (TITR IM)<br>| 14670065 | 9753913 |
|  | Tenaris SA (TEN IM) | 417015 | 8288116 |
| # | Tenaris SA (TS US), <br> ADR<br>| 169329 | 6739294 |
| # | Terna - Rete Elettrica <br> Nazionale<br>| 1988866 | 20393977 |
|  | TXT e-solutions SpA | 13315 | 507341 |
|  | UniCredit SpA | 1613223 | 119453725 |
|  | Unipol Assicurazioni <br> SpA<br>| 2005427 | 43905460 |
|  | Webuild SpA | 1721217 | 6955953 |
| # | Wiit SpA | 32289 | 735225 |
| # | Zignago Vetro SpA | 22251 | 192607 |
| TOTAL ITALY | TOTAL ITALY |  | 1282115514 |
| JAPAN — (21.6%) | JAPAN — (21.6%) | JAPAN — (21.6%) | JAPAN — (21.6%) |
| # | &Do Holdings Co. <br> Ltd.<br>| 24700 | 172993 |
|  | 77 Bank Ltd. | 289674 | 12416096 |
|  | A&D HOLON Holdings <br> Co. Ltd.<br>| 110400 | 1447033 |
| # | AB & Company Co. <br> Ltd.<br>| 13700 | 97458 |
| # | Abalance Corp. | 16600 | 98991 |
|  | ABC-Mart, Inc. | 113800 | 1949597 |
| # | Achilles Corp. | 38300 | 311645 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Acom Co. Ltd. | 809700 | $2308270 |
| # | AD Works Group Co. <br> Ltd.<br>| 138099 | 426164 |
|  | ADEKA Corp. | 369800 | 8378848 |
| # | Ad-sol Nissin Corp. | 60600 | 577058 |
|  | Adtec Plasma <br> Technology Co. <br> Ltd.<br>| 6900 | 54058 |
| # | Advan Group Co. Ltd. | 46000 | 257354 |
| # | Advanced Media, Inc. | 34100 | 238094 |
|  | Advantest Corp. | 654100 | 97948724 |
|  | Aeon Co. Ltd. | 2057460 | 32542230 |
| \* | Aeon Fantasy Co. <br> Ltd.<br>| 28000 | 505864 |
|  | AEON Financial <br> Service Co. Ltd.<br>| 333200 | 3259101 |
|  | Aeon Hokkaido Corp. | 110300 | 621592 |
| # | Aeon Kyushu Co. Ltd. | 7100 | 138075 |
| # | AFC-HD AMS Life <br> Science Co. Ltd.<br>| 19871 | 109674 |
| # | AGC, Inc. | 260200 | 8129434 |
| # | Ahresty Corp. | 57900 | 300656 |
| # | Ai Holdings Corp. | 63300 | 1099560 |
|  | Aica Kogyo Co. Ltd. | 169500 | 3991591 |
|  | Aichi Corp. | 141700 | 1183921 |
|  | Aichi Financial Group, <br> Inc.<br>| 91551 | 2360511 |
|  | Aichi Steel Corp. | 236800 | 4076944 |
|  | Aichi Tokei Denki Co. <br> Ltd.<br>| 34800 | 630112 |
|  | Aida Engineering Ltd. | 115100 | 688401 |
| # | Aidma Holdings, Inc. | 4300 | 82424 |
|  | Aiful Corp. | 1088100 | 3199854 |
| #\* | Aiming, Inc. | 18400 | 27038 |
|  | Ain Holdings, Inc. | 82698 | 3464979 |
|  | Aiphone Co. Ltd. | 47500 | 868127 |
|  | Air Water, Inc. | 536800 | 7496519 |
| # | Airman Corp. | 91200 | 1138105 |
| # | Airport Facilities Co. <br> Ltd.<br>| 123000 | 821893 |
| # | Airtech Japan Ltd. | 25100 | 206305 |
| #\* | Airtrip Corp. | 22100 | 124414 |
|  | Aisan Industry Co. <br> Ltd.<br>| 198800 | 2693710 |
|  | Aisin Corp. | 998546 | 17944065 |
|  | AIT Corp. | 35800 | 465180 |
| # | Aizawa Securities <br> Group Co. Ltd.<br>| 20300 | 171726 |
|  | Ajinomoto Co., Inc. | 659000 | 18690756 |
|  | Ajis Co. Ltd. | 17700 | 338747 |
|  | Akatsuki Corp. | 80800 | 280171 |
|  | Akatsuki, Inc. | 25500 | 434280 |
| #\* | Akebono Brake <br> Industry Co. Ltd.<br>| 301424 | 224170 |
|  | Akita Bank Ltd. | 48000 | 1137298 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Albis Co. Ltd. | 18200 | $316613 |
|  | Alconix Corp. | 99635 | 1399908 |
|  | Alfresa Holdings <br> Corp.<br>| 528000 | 7459778 |
| # | Alinco, Inc. | 65700 | 440751 |
| # | Alleanza Holdings Co. <br> Ltd.<br>| 43900 | 297314 |
| # | Allied Telesis Holdings <br> KK<br>| 36900 | 52010 |
| # | Alpen Co. Ltd. | 51074 | 753998 |
|  | Alpha Corp. | 28109 | 211766 |
| # | Alpha Systems, Inc. | 13920 | 326274 |
|  | AlphaPolis Co. Ltd. | 29200 | 288273 |
|  | Alps Alpine Co. Ltd. | 546604 | 6884970 |
|  | ALSOK Co. Ltd. | 967000 | 6609300 |
| # | Altech Corp. | 90210 | 1496482 |
|  | Amada Co. Ltd. | 1035300 | 12345572 |
|  | Amano Corp. | 196700 | 5218791 |
| # | Amiyaki Tei Co. Ltd. | 35700 | 308021 |
| # | Amuse, Inc. | 33800 | 413077 |
| # | Amvis Holdings, Inc. | 133200 | 452953 |
|  | ANA Holdings, Inc. | 123352 | 2311886 |
|  | Anabuki Kosan, Inc. | 12300 | 171756 |
|  | Anest Iwata Corp. | 140700 | 1384355 |
|  | Anicom Holdings, Inc. | 243700 | 1256756 |
|  | Anrakutei Co. Ltd. | 4400 | 103334 |
|  | Anycolor, Inc. | 104300 | 4068587 |
| #\* | AnyMind Group, Inc. | 4400 | 19736 |
|  | AOI Electronics Co. <br> Ltd.<br>| 8500 | 127366 |
|  | AOKI Holdings, Inc. | 126600 | 1364843 |
|  | Aoyama Trading Co. <br> Ltd.<br>| 125100 | 1849544 |
|  | Aoyama Zaisan <br> Networks Co. Ltd.<br>| 91800 | 1196223 |
| # | Aozora Bank Ltd. | 341600 | 4891055 |
|  | Arakawa Chemical <br> Industries Ltd.<br>| 55104 | 397639 |
|  | Arata Corp. | 94800 | 1846958 |
|  | Araya Industrial Co. <br> Ltd.<br>| 17000 | 543311 |
|  | ARCLANDS Corp. | 148786 | 1689915 |
|  | Arcs Co. Ltd. | 152173 | 3092396 |
|  | ARE Holdings, Inc. | 263800 | 4188805 |
|  | Arealink Co. Ltd. | 140600 | 926981 |
| #\* | Arent, Inc. | 4000 | 107756 |
|  | Argo Graphics, Inc. | 192800 | 1710301 |
|  | Arisawa <br> Manufacturing Co. <br> Ltd.<br>| 132200 | 1394361 |
|  | Artience Co. Ltd. | 143500 | 2924684 |
| # | Artnature, Inc. | 49000 | 268296 |
| # | Artner Co. Ltd. | 19400 | 247945 |
|  | As One Corp. | 176960 | 2888675 |
|  | Asahi Co. Ltd. | 52000 | 440724 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Asahi Diamond <br> Industrial Co. Ltd.<br>| 158027 | $857570 |
|  | Asahi Group Holdings <br> Ltd.<br>| 1440400 | 15530134 |
|  | Asahi Intecc Co. Ltd. | 323100 | 5123497 |
|  | Asahi Kasei Corp. | 2505200 | 19195138 |
| # | Asahi Kogyosha Co. <br> Ltd.<br>| 72600 | 1478236 |
| # | Asahi Net, Inc. | 61700 | 281136 |
| # | Asahi Yukizai Corp. | 70100 | 2184649 |
|  | Asanuma Corp. | 315600 | 1773500 |
|  | Asax Co. Ltd. | 6600 | 34686 |
|  | Asia Pile Holdings <br> Corp.<br>| 175800 | 1384660 |
|  | Asics Corp. | 894500 | 22777696 |
|  | ASKA Pharmaceutical <br> Holdings Co. Ltd.<br>| 78800 | 1070133 |
| # | ASKUL Corp. | 132100 | 1201103 |
|  | Astellas Pharma, Inc. | 2404400 | 25168362 |
| # | Astena Holdings Co. <br> Ltd.<br>| 111700 | 338781 |
|  | Asti Corp. | 5199 | 70403 |
|  | Atrae, Inc. | 52500 | 238926 |
| \* | Atsugi Co. Ltd. | 40700 | 299479 |
|  | Aucnet, Inc. | 86000 | 1125354 |
|  | Autobacs Seven Co. <br> Ltd.<br>| 201400 | 2012194 |
| # | Aval Data Corp. | 10800 | 160499 |
|  | Avant Group Corp. | 83700 | 859867 |
|  | Avex, Inc. | 85115 | 667063 |
|  | Awa Bank Ltd. | 247522 | 5847811 |
| # | Axell Corp. | 25100 | 224745 |
|  | Axial Retailing, Inc. | 197456 | 1394575 |
|  | Azbil Corp. | 930120 | 9168551 |
| # | AZ-COM MARUWA <br> Holdings, Inc.<br>| 229600 | 1531020 |
|  | AZOOM Co. Ltd. | 14400 | 448564 |
|  | Bandai Namco <br> Holdings, Inc.<br>| 570500 | 17755322 |
|  | Bando Chemical <br> Industries Ltd.<br>| 150900 | 1893858 |
|  | Bank of Iwate Ltd. | 43900 | 1152728 |
|  | Bank of Nagoya Ltd. | 164097 | 4190055 |
|  | Bank of Saga Ltd. | 53580 | 1112491 |
|  | Bank of the Ryukyus <br> Ltd.<br>| 277500 | 2707381 |
|  | Base Co. Ltd. | 22200 | 503676 |
| #\* | baudroie, Inc. | 17800 | 333964 |
|  | BayCurrent, Inc. | 265000 | 12153961 |
| # | Beauty Garage, Inc. | 19800 | 181604 |
|  | Belc Co. Ltd. | 49138 | 2306993 |
|  | Bell System24 <br> Holdings, Inc.<br>| 109100 | 937383 |
|  | Belluna Co. Ltd. | 219708 | 1447794 |
| \* | Bengo4.com, Inc. | 16600 | 329007 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Bewith, Inc. | 14800 | $144605 |
|  | Bic Camera, Inc. | 291200 | 2935420 |
|  | BIPROGY, Inc. | 247200 | 9984755 |
|  | B-Lot Co. Ltd. | 41200 | 466351 |
|  | Blue Zones Holdings <br> Co. Ltd.<br>| 89500 | 4554957 |
|  | BML, Inc. | 108400 | 2567996 |
| # | Bookoff Group <br> Holdings Ltd.<br>| 42000 | 360629 |
|  | Bourbon Corp. | 2800 | 44122 |
| \*†† | Bourbon Corp. SA | 56660 | 0 |
|  | Br Holdings Corp. | 107600 | 233071 |
|  | B-R31 Ice Cream Co. <br> Ltd.<br>| 700 | 18300 |
| # | BrainPad, Inc. | 54800 | 594402 |
|  | Bridgestone Corp. | 863500 | 37696198 |
| # | Broadband Tower, <br> Inc.<br>| 108000 | 117675 |
|  | Broadmedia Corp. | 3600 | 39631 |
| # | BRONCO BILLY Co. <br> Ltd.<br>| 6800 | 165026 |
|  | Brother Industries <br> Ltd.<br>| 537600 | 9150338 |
| # | Buffalo, Inc. | 22500 | 505570 |
|  | Bunka Shutter Co. <br> Ltd.<br>| 243600 | 3212804 |
| # | Business Brain <br> Showa-Ota, Inc.<br>| 19900 | 397191 |
| # | Business Engineering <br> Corp.<br>| 15800 | 647171 |
|  | BuySell Technologies <br> Co. Ltd.<br>| 10400 | 227635 |
|  | C Uyemura & Co. <br> Ltd.<br>| 20600 | 1675532 |
|  | CAC Holdings Corp. | 42200 | 584501 |
|  | Calbee, Inc. | 266900 | 4967206 |
|  | Can Do Co. Ltd. | 1600 | 35481 |
|  | Canon Electronics, <br> Inc.<br>| 80801 | 1413487 |
|  | Canon Marketing <br> Japan, Inc.<br>| 150000 | 6246114 |
|  | Canon, Inc. (7751 JP) | 611934 | 17573411 |
|  | Canon, Inc. (CAJ US), <br> Sponsored ADR<br>| 29783 | 854474 |
|  | Capcom Co. Ltd. | 622300 | 16250183 |
|  | Career Design Center <br> Co. Ltd.<br>| 16300 | 231820 |
| # | Careerlink Co. Ltd. | 17000 | 260370 |
| # | Carlit Co. Ltd. | 57600 | 571235 |
|  | Casio Computer Co. <br> Ltd.<br>| 292700 | 2294647 |
|  | Cawachi Ltd. | 72600 | 1397295 |
|  | CCI Group, Inc. | 1005000 | 4295841 |
| # | CDS Co. Ltd. | 5900 | 69047 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Celsys, Inc. | 170800 | $1816563 |
|  | Central Automotive <br> Products Ltd.<br>| 111900 | 1302728 |
|  | Central Glass Co. <br> Ltd.<br>| 124100 | 2589097 |
|  | Central Japan Railway <br> Co.<br>| 262100 | 6416657 |
|  | Central Security <br> Patrols Co. Ltd.<br>| 25900 | 457332 |
| # | Central Sports Co. <br> Ltd.<br>| 20506 | 317722 |
| # | Ceres, Inc. | 25400 | 344316 |
| # | Change Holdings, <br> Inc.<br>| 114100 | 836309 |
| # | Charm Care Corp. <br> KK<br>| 56500 | 399333 |
|  | Chiba Bank Ltd.  | 893763 | 8721100 |
| # | Chiba Kogyo Bank <br> Ltd.<br>| 204900 | 2137904 |
| # | Chikaranomoto <br> Holdings Co. Ltd.<br>| 36400 | 333635 |
| # | Chino Corp. | 61200 | 548571 |
|  | Chiyoda Co. Ltd. | 60700 | 385244 |
| \* | Chiyoda Corp. | 159300 | 421605 |
|  | Chiyoda Integre Co. <br> Ltd.<br>| 54000 | 1082791 |
|  | Chofu Seisakusho Co. <br> Ltd.<br>| 54100 | 685939 |
|  | Chori Co. Ltd. | 47000 | 1210586 |
| # | Choushimaru Co. Ltd. | 6100 | 60349 |
|  | Chubu Electric Power <br> Co., Inc.<br>| 542000 | 7536919 |
|  | Chubu Shiryo Co. <br> Ltd.<br>| 112498 | 1168694 |
|  | Chudenko Corp. | 153300 | 4183643 |
|  | Chuetsu Pulp & Paper <br> Co. Ltd.<br>| 24111 | 260152 |
|  | Chugai <br> Pharmaceutical Co. <br> Ltd.<br>| 439200 | 20101186 |
| # | Chugai Ro Co. Ltd. | 24100 | 728591 |
|  | Chugin Financial <br> Group, Inc.<br>| 471300 | 6572228 |
| # | Chugoku Electric <br> Power Co., Inc.<br>| 572700 | 3186101 |
|  | Chugoku Marine <br> Paints Ltd.<br>| 139900 | 3739874 |
|  | Chuo Gyorui Co. Ltd. | 3800 | 86173 |
| # | Chuo Spring Co. Ltd. | 85869 | 1850682 |
|  | Citizen Watch Co. <br> Ltd.<br>| 956150 | 6635370 |
|  | CKD Corp. | 147900 | 3166982 |
| # | CK-San-Etsu Co. Ltd. | 15400 | 398913 |
| # | Cleanup Corp. | 135600 | 668968 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | CMK Corp. | 190200 | $494453 |
|  | Coca-Cola Bottlers <br> Japan Holdings, <br> Inc.<br>| 414152 | 6627671 |
| \* | COLOPL, Inc. | 224072 | 647248 |
| # | Colowide Co. Ltd. | 283300 | 3073196 |
|  | Computer Engineering <br> & Consulting Ltd.<br>| 85900 | 1203785 |
| # | Computer Institute of <br> Japan Ltd.<br>| 143970 | 446584 |
|  | COMSYS Holdings <br> Corp.<br>| 265094 | 6685001 |
|  | Comture Corp. | 63000 | 647545 |
| # | Copro-Holdings Co. <br> Ltd.<br>| 33400 | 223726 |
| #\* | Core Concept <br> Technologies, Inc.<br>| 5700 | 35103 |
| # | Core Corp. | 17200 | 229771 |
| # | Corona Corp. | 53700 | 314486 |
| # | Cosel Co. Ltd. | 69100 | 550662 |
|  | Cosmo Energy <br> Holdings Co. Ltd.<br>| 531600 | 12139290 |
|  | Cosmos Initia Co. <br> Ltd.<br>| 43100 | 362243 |
|  | Cosmos <br> Pharmaceutical <br> Corp.<br>| 108200 | 4841018 |
| # | Cota Co. Ltd. | 64081 | 504613 |
| # | Create Restaurants <br> Holdings, Inc.<br>| 950800 | 4533001 |
|  | Create SD Holdings <br> Co. Ltd.<br>| 83900 | 1738774 |
|  | Credit Saison Co. <br> Ltd.<br>| 591900 | 14418977 |
|  | Creek & River Co. <br> Ltd.<br>| 39300 | 373549 |
|  | Cresco Ltd. | 134600 | 1416629 |
| # | Cross Cat Co. Ltd. | 13100 | 91691 |
| # | CrowdWorks, Inc. | 32299 | 176035 |
|  | CTI Engineering Co. <br> Ltd.<br>| 107200 | 1971274 |
|  | CTS Co. Ltd. | 75400 | 434237 |
| \* | CUC, Inc. | 16900 | 115586 |
|  | Curves Holdings Co. <br> Ltd.<br>| 148300 | 698710 |
|  | CyberAgent, Inc. | 791100 | 7885890 |
|  | Cybertrust Japan Co. <br> Ltd.<br>| 5600 | 47418 |
|  | Cybozu, Inc. | 112900 | 2246555 |
|  | Dai Nippon Printing <br> Co. Ltd.<br>| 568800 | 9493485 |
|  | Dai Nippon Toryo Co. <br> Ltd.<br>| 107600 | 884953 |
|  | Daicel Corp. | 924700 | 7956207 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Dai-Dan Co. Ltd. | 110600 | $4900927 |
|  | Daido Metal Co. Ltd. | 171824 | 1163737 |
|  | Daido Steel Co. Ltd. | 446600 | 4225681 |
|  | Daiei Kankyo Co. Ltd. | 5400 | 120093 |
|  | Daifuku Co. Ltd. | 323200 | 10302576 |
|  | Daihatsu Infinearth <br> Mfg Co. Ltd.<br>| 76100 | 1512322 |
|  | Daihen Corp. | 4300 | 281375 |
|  | Daiho Corp. | 143000 | 732258 |
|  | Dai-Ichi Cutter Kogyo <br> KK<br>| 25300 | 214215 |
|  | Daiichi Jitsugyo Co. <br> Ltd.<br>| 78000 | 1320847 |
| # | Daiichi Kigenso <br> Kagaku-Kogyo Co. <br> Ltd.<br>| 59700 | 506496 |
|  | Dai-ichi Life Holdings, <br> Inc.<br>| 2981752 | 20928901 |
|  | Daiichi Sankyo Co. <br> Ltd.<br>| 237700 | 5678205 |
|  | Daiichikosho Co. Ltd. | 263589 | 2695044 |
|  | Daiken Medical Co. <br> Ltd.<br>| 52300 | 151361 |
|  | Daiki Aluminium <br> Industry Co. Ltd.<br>| 158400 | 1155828 |
|  | Daiki Axis Co. Ltd. | 6100 | 27128 |
|  | Daikin Industries Ltd. | 174100 | 20226941 |
| # | Daikoku Denki Co. <br> Ltd.<br>| 20300 | 351704 |
| # | Daikokutenbussan Co. <br> Ltd.<br>| 26900 | 1080726 |
|  | Daikyonishikawa <br> Corp.<br>| 138900 | 656470 |
|  | Dainichi Co. Ltd. | 14200 | 84567 |
|  | Dainichiseika Color & <br> Chemicals <br> Manufacturing Co. <br> Ltd.<br>| 60659 | 1494258 |
| # | Daio Paper Corp. | 260000 | 1370387 |
|  | Daiseki Co. Ltd. | 106390 | 2237761 |
|  | Daiseki Eco. Solution <br> Co. Ltd.<br>| 15200 | 181776 |
|  | Daishi Hokuetsu <br> Financial Group, <br> Inc.<br>| 1104144 | 10648439 |
|  | Daishinku Corp. | 162200 | 610262 |
|  | Daisue Construction <br> Co. Ltd.<br>| 42100 | 928826 |
| # | Daisyo Corp. | 12400 | 88149 |
|  | Daito Pharmaceutical <br> Co. Ltd.<br>| 84468 | 681327 |
|  | Daito Trust <br> Construction Co. <br> Ltd.<br>| 358800 | 6708145 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Daitron Co. Ltd. | 44100 | $1324286 |
|  | Daiwa House Industry <br> Co. Ltd.<br>| 1163900 | 39488854 |
|  | Daiwa Industries Ltd. | 108100 | 1106173 |
|  | Daiwa Securities <br> Group, Inc.<br>| 1774500 | 13656466 |
|  | Daiwabo Holdings Co. <br> Ltd.<br>| 442200 | 8260302 |
|  | DCM Holdings Co. <br> Ltd.<br>| 532280 | 4935551 |
| # | Dear Life Co. Ltd. | 135400 | 970003 |
|  | Delica Foods Holdings <br> Co. Ltd.<br>| 6900 | 36022 |
| # | DeNA Co. Ltd. | 146100 | 2561500 |
| # | Denka Co. Ltd. | 377700 | 5481701 |
|  | Densan System <br> Holdings Co. Ltd.<br>| 200 | 4621 |
|  | Denso Corp. | 861100 | 12031101 |
| # | Dentsu Group, Inc. | 355600 | 7042602 |
|  | Dentsu Soken, Inc. | 99700 | 4937371 |
|  | Denyo Co. Ltd. | 75900 | 1412853 |
|  | Dexerials Corp. | 547200 | 8826284 |
|  | DIC Corp. | 268884 | 6326312 |
| # | Digital Arts, Inc. | 42700 | 2089009 |
| # | Digital Hearts <br> Holdings Co. Ltd.<br>| 34000 | 211375 |
| # | Digital Holdings, Inc. | 41000 | 576287 |
|  | Digital Information <br> Technologies Corp.<br>| 39900 | 640946 |
| # | Dip Corp. | 122286 | 1678330 |
|  | Disco Corp. | 80600 | 26765885 |
| # | DKK Co. Ltd. | 23200 | 289419 |
|  | DKS Co. Ltd. | 33353 | 1421888 |
| # | DMG Mori Co. Ltd. | 444700 | 6897049 |
|  | DMS, Inc. | 1300 | 25841 |
|  | DMW Corp. | 900 | 30156 |
|  | Doshisha Co. Ltd. | 89300 | 1679449 |
| # | Double Standard, Inc. | 19100 | 208882 |
|  | Doutor Nichires <br> Holdings Co. Ltd.<br>| 125223 | 1953426 |
|  | Dowa Holdings Co. <br> Ltd.<br>| 204700 | 7422264 |
|  | DTS Corp. | 689600 | 5744910 |
|  | Duskin Co. Ltd. | 171500 | 4134682 |
| # | DyDo Group Holdings, <br> Inc.<br>| 52200 | 822005 |
|  | Eagle Industry Co. <br> Ltd.<br>| 93500 | 1655229 |
|  | East Japan Railway <br> Co.<br>| 315300 | 7701200 |
| # | EAT&HOLDINGS Co. <br> Ltd.<br>| 19800 | 251795 |
|  | Ebara Corp. | 926000 | 24693938 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Ebara Foods Industry, <br> Inc.<br>| 11300 | $182067 |
|  | Ebara Jitsugyo Co. <br> Ltd.<br>| 25300 | 688183 |
|  | Ebase Co. Ltd. | 52362 | 153517 |
|  | Eco's Co. Ltd. | 40700 | 748876 |
|  | EDION Corp. | 436100 | 5736653 |
|  | EF-ON, Inc. | 10339 | 26550 |
|  | eGuarantee, Inc. | 99200 | 1023227 |
| # | Ehime Bank Ltd. | 135298 | 1097208 |
|  | Eidai Co. Ltd. | 23500 | 34732 |
|  | Eisai Co. Ltd. | 205287 | 6097143 |
|  | Eizo Corp. | 148700 | 2110807 |
|  | EJ Holdings, Inc. | 40500 | 437360 |
|  | Elan Corp. | 47700 | 242145 |
|  | Elecom Co. Ltd. | 138900 | 1624291 |
|  | Electric Power <br> Development Co. <br> Ltd.<br>| 184300 | 3502756 |
|  | EM Systems Co. Ltd. | 103700 | 549534 |
|  | en, Inc. | 76976 | 776456 |
|  | Endo Lighting Corp. | 54000 | 790492 |
|  | ENEOS Holdings, <br> Inc.<br>| 6605020 | 41669176 |
|  | Enomoto Co. Ltd. | 32800 | 410795 |
|  | Enplas Corp. | 24000 | 1261504 |
|  | Entrust, Inc. | 21900 | 149295 |
| # | eRex Co. Ltd. | 74200 | 322942 |
|  | ERI Holdings Co. Ltd. | 10700 | 254704 |
| # | ES-Con Japan Ltd. | 122300 | 794317 |
|  | Eslead Corp. | 38800 | 1369397 |
|  | ESPEC Corp. | 68000 | 1547381 |
| # | Eternal Hospitality <br> Group Co. Ltd.<br>| 22400 | 407295 |
|  | eWeLL Co. Ltd. | 14000 | 251370 |
| #\* | ExaWizards, Inc. | 73200 | 317549 |
|  | Exedy Corp. | 149100 | 5009758 |
|  | EXEO Group, Inc. | 640295 | 9234815 |
|  | Ezaki Glico Co. Ltd. | 109300 | 3492834 |
|  | F&M Co. Ltd. | 23100 | 398361 |
|  | FaithNetwork Co. Ltd. | 19200 | 103045 |
| # | FALCO HOLDINGS <br> Co. Ltd.<br>| 39300 | 632499 |
|  | FANUC Corp. | 123066 | 4106887 |
| # | Fast Fitness Japan, <br> Inc.<br>| 24500 | 284474 |
|  | Fast Retailing Co. <br> Ltd.<br>| 125800 | 46183663 |
|  | FCC Co. Ltd. | 169500 | 3423905 |
| \* | f-code, Inc. | 6800 | 88790 |
|  | Feed One Co. Ltd. | 71616 | 472852 |
|  | Ferrotec Corp. | 305100 | 10001413 |
| # | FFRI Security, Inc. | 13600 | 954587 |
| # | FIDEA Holdings Co. <br> Ltd.<br>| 119140 | 1279503 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Financial Partners <br> Group Co. Ltd.<br>| 232500 | $3223030 |
| # | FINDEX, Inc. | 41700 | 222689 |
| # | Fintech Global, Inc. | 632200 | 417537 |
|  | First Bank of Toyama <br> Ltd.<br>| 54000 | 510590 |
| # | Fixstars Corp. | 70600 | 919869 |
|  | FJ Next Holdings Co. <br> Ltd.<br>| 90900 | 891014 |
| # | Focus Systems Corp. | 27600 | 289379 |
|  | Food & Life Cos. Ltd. | 407300 | 19865397 |
| # | Forum Engineering, <br> Inc.<br>| 55200 | 440356 |
| # | Forval Corp. | 4000 | 31623 |
|  | Foster Electric Co. <br> Ltd.<br>| 92510 | 1599441 |
|  | FP Corp. | 156300 | 2539907 |
| # | FP Partner, Inc. | 13000 | 190860 |
| # | France Bed Holdings <br> Co. Ltd.<br>| 105100 | 897790 |
|  | Freebit Co. Ltd. | 55800 | 574334 |
| # | Freund Corp. | 10900 | 76051 |
| #\* | Fronteo, Inc. | 17100 | 102830 |
|  | F-Tech, Inc. | 69700 | 340955 |
|  | FTGroup Co. Ltd. | 45100 | 374133 |
|  | Fudo Tetra Corp. | 67920 | 1075397 |
|  | Fuji Co. Ltd. | 8000 | 102169 |
|  | Fuji Corp. (6134 JP) | 278700 | 5408671 |
|  | Fuji Corp. Ltd. | 154155 | 820145 |
|  | Fuji Electric Co. Ltd. | 284760 | 20337947 |
| # | Fuji Kyuko Co. Ltd. | 62000 | 997051 |
|  | Fuji Media Holdings, <br> Inc.<br>| 160200 | 3575750 |
|  | Fuji Nihon Corp. | 5400 | 36811 |
|  | Fuji Oil Co. Ltd. | 191400 | 3958929 |
| # | Fuji Pharma Co. Ltd. | 45100 | 461421 |
|  | Fuji Seal International, <br> Inc.<br>| 153607 | 2700805 |
|  | Fuji United Holdings <br> Co. Ltd.<br>| 12200 | 92814 |
| # | Fujibo Holdings, Inc. | 47400 | 2098543 |
| # | Fujicco Co. Ltd. | 56500 | 585868 |
|  | FUJIFILM Holdings <br> Corp.<br>| 569025 | 13188113 |
|  | Fujikura Composites, <br> Inc.<br>| 101100 | 1267146 |
| # | Fujikura Kasei Co. <br> Ltd.<br>| 91300 | 365124 |
|  | Fujikura Ltd. | 428900 | 58405038 |
|  | Fujimi, Inc. | 84800 | 1326121 |
|  | Fujishoji Co. Ltd. | 30200 | 208418 |
|  | Fujita Kanko, Inc. | 24900 | 1802640 |
|  | Fujitsu Ltd. | 1360790 | 35462782 |
| # | Fujiya Co. Ltd. | 35500 | 595690 |
| # | FuKoKu Co. Ltd. | 43300 | 515337 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Fukuda Corp. | 22400 | $999535 |
|  | Fukuda Denshi Co. <br> Ltd.<br>| 80100 | 3623594 |
| # | Fukui Bank Ltd. | 60842 | 857668 |
|  | Fukui Computer <br> Holdings, Inc.<br>| 24400 | 487842 |
|  | Fukuoka Financial <br> Group, Inc.<br>| 312656 | 9085896 |
|  | Fukuyama <br> Transporting Co. <br> Ltd.<br>| 78100 | 1939968 |
|  | FULLCAST Holdings <br> Co. Ltd.<br>| 54900 | 602218 |
| # | Fumakilla Ltd. | 16801 | 126806 |
|  | Funai Soken Holdings, <br> Inc.<br>| 98520 | 1552047 |
|  | Furukawa Co. Ltd. | 133164 | 2624550 |
|  | Furukawa Electric Co. <br> Ltd.<br>| 217688 | 15409166 |
|  | Furuno Electric Co. <br> Ltd.<br>| 108000 | 6265679 |
| # | Furuya Metal Co. Ltd. | 46300 | 853878 |
|  | Furyu Corp. | 54500 | 368700 |
|  | Fuso Chemical Co. <br> Ltd.<br>| 108200 | 3587099 |
|  | Fuso Pharmaceutical <br> Industries Ltd.<br>| 29798 | 409150 |
| # | Futaba Corp. | 100700 | 440162 |
|  | Futaba Industrial Co. <br> Ltd.<br>| 256800 | 1568366 |
|  | Future Corp. | 213800 | 3014529 |
|  | Fuyo General Lease <br> Co. Ltd.<br>| 283500 | 7411981 |
|  | G-7 Holdings, Inc. | 126400 | 1048012 |
|  | GA Technologies Co. <br> Ltd.<br>| 65000 | 840122 |
|  | Gakken Holdings Co. <br> Ltd.<br>| 91100 | 606785 |
|  | Gakkyusha Co. Ltd. | 30000 | 441938 |
| # | Gakujo Co. Ltd. | 32900 | 344240 |
|  | Galilei Co. Ltd. | 113600 | 2642361 |
|  | Gecoss Corp. | 60749 | 539496 |
| \* | GENDA, Inc. | 165000 | 790933 |
| #\* | Geniee, Inc. | 19700 | 151989 |
|  | Genki Global Dining <br> Concepts Corp.<br>| 55800 | 1095993 |
| # | Genky DrugStores Co. <br> Ltd.<br>| 81600 | 2716166 |
|  | Geo Holdings Corp. | 117200 | 1226885 |
| # | Gift Holdings, Inc. | 28100 | 588162 |
| # | giftee, Inc. | 10200 | 72035 |
|  | Giken Ltd. | 36000 | 385156 |
|  | Global Link <br> Management KK<br>| 5100 | 87955 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Global Security <br> Experts, Inc.<br>| 3400 | $81427 |
|  | GLOBERIDE, Inc. | 91298 | 1381014 |
|  | Glory Ltd. | 155645 | 3719041 |
|  | GLtechno Holdings, <br> Inc.<br>| 24400 | 476679 |
| # | GMO Financial Gate, <br> Inc.<br>| 9700 | 363033 |
| # | GMO Financial <br> Holdings, Inc.<br>| 165700 | 966898 |
| # | GMO GlobalSign <br> Holdings KK<br>| 19900 | 267636 |
|  | GMO internet group, <br> Inc.<br>| 262700 | 5883755 |
|  | GMO Payment <br> Gateway, Inc.<br>| 86100 | 4696783 |
|  | Godo Steel Ltd. | 53900 | 1277977 |
| #\* | Gokurakuyu Holdings <br> Co. Ltd.<br>| 39100 | 121670 |
| # | Goldcrest Co. Ltd. | 79030 | 1713155 |
|  | Goldwin, Inc. | 170300 | 2812995 |
| # | Good Com Asset Co. <br> Ltd.<br>| 7700 | 67845 |
| # | Gourmet Kineya Co. <br> Ltd.<br>| 6500 | 39874 |
| # | Grandy House Corp. | 64000 | 235140 |
|  | GREE Holdings, Inc. | 281900 | 736363 |
| # | Greens Co. Ltd. | 30000 | 438542 |
|  | grems, Inc. | 26800 | 399646 |
|  | GS Yuasa Corp. | 314399 | 8779451 |
|  | GSI Creos Corp. | 41400 | 619943 |
|  | G-Tekt Corp. | 68389 | 877477 |
| # | Gun-Ei Chemical <br> Industry Co. Ltd.<br>| 15000 | 323872 |
|  | GungHo Online <br> Entertainment, Inc.<br>| 11058 | 186999 |
|  | Gunma Bank Ltd. | 1197801 | 12450693 |
|  | Gunze Ltd. | 147600 | 3635788 |
|  | H.U. Group Holdings, <br> Inc.<br>| 98300 | 2398555 |
|  | H2O Retailing Corp. | 287560 | 3890461 |
|  | HABA Laboratories, <br> Inc.<br>| 1200 | 12976 |
|  | Hachijuni Bank Ltd. | 1450673 | 14612837 |
| # | Hagihara Industries, <br> Inc.<br>| 45500 | 475169 |
|  | Hagiwara Electric <br> Holdings Co. Ltd.<br>| 25800 | 592358 |
|  | Hagoromo Foods <br> Corp.<br>| 1500 | 31895 |
| # | Hakudo Co. Ltd. | 18000 | 258861 |
|  | Hakuhodo DY <br> Holdings, Inc.<br>| 576200 | 4170740 |
| # | Hakuto Co. Ltd. | 3100 | 77528 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Halows Co. Ltd. | 50800 | $1440160 |
|  | Hamakyorex Co. Ltd. | 356400 | 3535296 |
|  | Hamamatsu Photonics <br> KK<br>| 481098 | 5385034 |
| # | Hamee Corp. | 20200 | 67916 |
|  | Hankyu Hanshin <br> Holdings, Inc.<br>| 298000 | 8002483 |
|  | Hanwa Co. Ltd. | 163800 | 6832184 |
|  | Happinet Corp. | 78800 | 3209822 |
|  | Hard Off Corp. Co. <br> Ltd.<br>| 44600 | 522410 |
| # | Harima Chemicals <br> Group, Inc.<br>| 67600 | 394651 |
|  | Haseko Corp. | 1089900 | 17600779 |
|  | Hazama Ando Corp. | 644280 | 7209247 |
|  | Heiwa Corp. | 210600 | 2737667 |
|  | Heiwa Real Estate <br> Co. Ltd.<br>| 103100 | 1508931 |
|  | Heiwado Co. Ltd. | 161796 | 2976194 |
|  | Helios Techno Holding <br> Co. Ltd.<br>| 4600 | 25885 |
| # | Hennge KK | 47200 | 448434 |
|  | Hibino Corp. | 5200 | 87671 |
|  | Hibiya Engineering <br> Ltd.<br>| 87900 | 2585342 |
|  | Hiday Hidaka Corp. | 47200 | 1007531 |
|  | Hikari Tsushin, Inc. | 12800 | 3390544 |
| # | HI-LEX Corp. | 66600 | 1235822 |
|  | Himacs Ltd. | 2700 | 21638 |
|  | Himaraya Co. Ltd. | 11400 | 63312 |
| #\* | Hino Motors Ltd. | 1374689 | 3122858 |
|  | Hioki EE Corp. | 27800 | 1067853 |
| # | Hirakawa Hewtech <br> Corp.<br>| 52710 | 793798 |
| # | Hirano Tecseed Co. <br> Ltd.<br>| 25600 | 267770 |
|  | Hirata Corp. | 73300 | 967772 |
|  | Hirogin Holdings, Inc. | 984300 | 9196153 |
|  | Hirose Electric Co. <br> Ltd.<br>| 57425 | 7693066 |
| # | Hirose Tusyo, Inc. | 5200 | 126483 |
| # | Hiroshima Gas Co. <br> Ltd.<br>| 86100 | 203266 |
| # | HIS Co. Ltd. | 181100 | 1537408 |
|  | Hisaka Works Ltd. | 72800 | 665358 |
|  | Hisamitsu <br> Pharmaceutical Co., <br> Inc.<br>| 156308 | 4063020 |
|  | Hitachi Construction <br> Machinery Co. Ltd.<br>| 361200 | 11755961 |
|  | Hitachi Ltd. (6501 JP) | 3959625 | 135256749 |
| # | Hitachi Ltd. (HTHIY <br> US), ADR<br>| 516300 | 17853654 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Hito Communications <br> Holdings, Inc.<br>| 2800 | $18165 |
|  | Hochiki Corp. | 62800 | 1569719 |
| # | Hodogaya Chemical <br> Co. Ltd.<br>| 44383 | 525017 |
|  | Hogy Medical Co. <br> Ltd.<br>| 65100 | 2259834 |
| # | Hokkaido Electric <br> Power Co., Inc.<br>| 319300 | 2222144 |
|  | Hokkaido Gas Co. <br> Ltd.<br>| 234400 | 1030205 |
|  | Hokkan Holdings Ltd. | 63400 | 885048 |
| # | Hokko Chemical <br> Industry Co. Ltd.<br>| 94000 | 988639 |
| # | Hokuetsu Corp. | 491895 | 2608675 |
|  | Hokuhoku Financial <br> Group, Inc.<br>| 604310 | 14804181 |
|  | Hokuriku Electric <br> Industry Co. Ltd.<br>| 27993 | 413395 |
|  | Hokuriku Electric <br> Power Co.<br>| 310429 | 1726441 |
| # | Hokuriku Electrical <br> Construction Co. <br> Ltd.<br>| 27820 | 252624 |
|  | Hokuto Corp. | 62476 | 739353 |
|  | Honda Motor Co. Ltd. <br> (7267 JP)<br>| 3092769 | 31259368 |
| # | Honda Motor Co. Ltd. <br> (HMC US), <br> Sponsored ADR<br>| 460628 | 14049154 |
| # | H-One Co. Ltd. | 115705 | 1002519 |
| # | Honeys Holdings Co. <br> Ltd.<br>| 64530 | 619811 |
|  | Hoosiers Holdings Co. <br> Ltd.<br>| 138500 | 1136668 |
|  | Horiba Ltd. | 113400 | 10535780 |
|  | Hoshizaki Corp. | 85900 | 3022409 |
|  | Hosiden Corp. | 235100 | 3747750 |
|  | Hosokawa Micron <br> Corp.<br>| 63100 | 2330102 |
| # | Hotland Holdings Co. <br> Ltd.<br>| 45000 | 599550 |
|  | House Foods Group, <br> Inc.<br>| 195400 | 3661625 |
| # | Howa Machinery Ltd. | 66800 | 617219 |
|  | Hoya Corp. | 298900 | 48550927 |
| # | HS Holdings Co. Ltd. | 84558 | 550137 |
| # | Hulic Co. Ltd. | 1030917 | 10650773 |
|  | Hyakugo Bank Ltd. | 1067698 | 6621483 |
|  | Hyakujushi Bank Ltd. | 128400 | 4495052 |
|  | Ibiden Co. Ltd. | 215405 | 20274898 |
|  | IBJ, Inc. | 49100 | 255996 |
| # | Ichibanya Co. Ltd. | 150760 | 880000 |
|  | Ichiken Co. Ltd. | 18300 | 457866 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Ichikoh Industries Ltd. | 204000 | $620418 |
|  | Ichimasa Kamaboko <br> Co. Ltd.<br>| 1700 | 8229 |
|  | Ichinen Holdings Co. <br> Ltd.<br>| 113472 | 1480642 |
| # | Ichiyoshi Securities <br> Co. Ltd.<br>| 70000 | 385630 |
| # | Icom, Inc. | 25700 | 522824 |
| # | ID Holdings Corp. | 51225 | 671609 |
|  | IDEA Consultants, <br> Inc.<br>| 2900 | 65725 |
|  | Idec Corp. | 82100 | 1249785 |
|  | Idemitsu Kosan Co. <br> Ltd.<br>| 1913555 | 13306384 |
|  | IDOM, Inc. | 387300 | 2891080 |
| # | IG Port, Inc. | 20700 | 195502 |
|  | IHI Corp. | 476000 | 9855147 |
|  | Iida Group Holdings <br> Co. Ltd.<br>| 425895 | 6521884 |
|  | Iino Kaiun Kaisha Ltd. | 388500 | 3168640 |
| # | IKK Holdings, Inc. | 45500 | 223644 |
|  | I'll, Inc. | 29700 | 469470 |
|  | Imasen Electric <br> Industrial<br>| 9300 | 46930 |
|  | i-mobile Co. Ltd. | 84200 | 319254 |
| # | Imuraya Group Co. <br> Ltd.<br>| 21800 | 350552 |
|  | Inaba Denki Sangyo <br> Co. Ltd.<br>| 169400 | 4988325 |
| # | Inaba Seisakusho Co. <br> Ltd.<br>| 44600 | 458052 |
|  | Inabata & Co. Ltd. | 212200 | 4752570 |
|  | Ines Corp. | 95800 | 1058319 |
| # | I-Net Corp. | 37710 | 617216 |
|  | Infomart Corp. | 213200 | 452407 |
|  | INFRONEER <br> Holdings, Inc.<br>| 669008 | 7167167 |
|  | Innotech Corp. | 64600 | 764896 |
|  | Inpex Corp. | 3030900 | 55926533 |
| # | Insource Co. Ltd. | 177296 | 1002350 |
|  | Intage Holdings, Inc. | 32000 | 354212 |
| # | Intelligent Wave, Inc. | 29200 | 195948 |
| # | Inter Action Corp. | 25900 | 238332 |
|  | Internet Initiative <br> Japan, Inc.<br>| 360800 | 6509733 |
| # | Inui Global Logistics <br> Co. Ltd.<br>| 40500 | 412327 |
| # | IPS, Inc. | 23001 | 448642 |
|  | Iriso Electronics Co. <br> Ltd.<br>| 50714 | 1018045 |
|  | ISB Corp. | 38300 | 445882 |
| # | Ise Chemicals Corp. | 7800 | 1592187 |
| # | Iseki & Co. Ltd. | 65600 | 935676 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Isetan Mitsukoshi <br> Holdings Ltd.<br>| 528540 | $8294953 |
| # | Ishihara Chemical Co. <br> Ltd.<br>| 8100 | 114378 |
|  | Ishihara Sangyo <br> Kaisha Ltd.<br>| 154500 | 2377527 |
|  | Ishizuka Glass Co. <br> Ltd.<br>| 6499 | 127293 |
| # | Istyle, Inc. | 239900 | 698202 |
|  | Isuzu Motors Ltd. | 1988107 | 24394633 |
|  | Itfor, Inc. | 97200 | 961113 |
| # | ITmedia, Inc. | 27500 | 286307 |
| # | Ito En Ltd. | 181685 | 3744710 |
|  | ITOCHU Corp. | 383700 | 22225152 |
|  | Itochu Enex Co. Ltd. | 288100 | 3399124 |
|  | Itochu-Shokuhin Co. <br> Ltd.<br>| 24300 | 1477051 |
|  | Itoham Yonekyu <br> Holdings, Inc.<br>| 156029 | 5579160 |
| # | Itoki Corp. | 211500 | 3411643 |
|  | IwaiCosmo Holdings, <br> Inc.<br>| 94800 | 1731694 |
| # | Iwaki Co. Ltd. | 23700 | 391568 |
|  | Iwatani Corp. | 862000 | 8974064 |
|  | Iwatsuka <br> Confectionery Co. <br> Ltd.<br>| 1000 | 19372 |
|  | Iyogin Holdings, Inc. | 915257 | 14301699 |
|  | Izumi Co. Ltd. | 110500 | 2059892 |
|  | J Front Retailing Co. <br> Ltd.<br>| 994301 | 14954940 |
|  | J Trust Co. Ltd. | 132019 | 347152 |
|  | JAC Recruitment Co. <br> Ltd.<br>| 288800 | 1902045 |
|  | Jaccs Co. Ltd. | 121500 | 3177868 |
| \* | Jade Group, Inc. | 24300 | 255911 |
|  | JAFCO Group Co. <br> Ltd.<br>| 282300 | 4412337 |
|  | JANOME Corp. | 69699 | 498687 |
|  | Japan Airlines Co. <br> Ltd.<br>| 334800 | 6031555 |
|  | Japan Airport Terminal <br> Co. Ltd.<br>| 216699 | 6733147 |
|  | Japan Animal Referral <br> Medical Center Co. <br> Ltd.<br>| 5800 | 178260 |
|  | Japan Aviation <br> Electronics Industry <br> Ltd.<br>| 238700 | 3564947 |
|  | Japan Business <br> Systems, Inc.<br>| 10100 | 96920 |
| # | Japan Cash Machine <br> Co. Ltd.<br>| 63400 | 410201 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| #\* | Japan <br> Communications, <br> Inc.<br>| 409300 | $397643 |
|  | Japan Electronic <br> Materials Corp.<br>| 42600 | 1205368 |
|  | Japan Elevator <br> Service Holdings <br> Co. Ltd.<br>| 504800 | 5942572 |
|  | Japan Engine Corp. | 900 | 74646 |
|  | Japan Exchange <br> Group, Inc.<br>| 1469400 | 16385517 |
| # | Japan Eyewear <br> Holdings Co. Ltd.<br>| 2200 | 28633 |
| # | Japan Foundation <br> Engineering Co. <br> Ltd.<br>| 67200 | 275569 |
|  | Japan Investment <br> Adviser Co. Ltd.<br>| 86500 | 991329 |
|  | Japan Lifeline Co. <br> Ltd.<br>| 162700 | 1544357 |
|  | Japan Material Co. <br> Ltd.<br>| 205200 | 2563768 |
| # | Japan Medical <br> Dynamic Marketing, <br> Inc.<br>| 50241 | 155290 |
|  | Japan Oil <br> Transportation Co. <br> Ltd.<br>| 5379 | 134367 |
|  | Japan Petroleum <br> Exploration Co. <br> Ltd.<br>| 429000 | 3585374 |
|  | Japan Post Bank Co. <br> Ltd.<br>| 681300 | 7634020 |
|  | Japan Post Holdings <br> Co. Ltd.<br>| 832400 | 7800462 |
|  | Japan Post Insurance <br> Co. Ltd.<br>| 231300 | 5981953 |
| # | Japan Property <br> Management <br> Center Co. Ltd.<br>| 35100 | 285307 |
|  | Japan Pulp & Paper <br> Co. Ltd.<br>| 581100 | 2726715 |
| # | Japan Pure Chemical <br> Co. Ltd.<br>| 2200 | 43914 |
|  | Japan Securities <br> Finance Co. Ltd.<br>| 397500 | 4564707 |
| # | Japan Steel Works <br> Ltd.<br>| 124400 | 8147351 |
| # | Japan System <br> Techniques Co. <br> Ltd.<br>| 44400 | 615184 |
|  | Japan Tobacco, Inc. | 945000 | 32917074 |
|  | Japan Transcity Corp. | 157600 | 1172367 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Japan Wool Textile <br> Co. Ltd.<br>| 225700 | $2380685 |
|  | JBCC Holdings, Inc. | 216400 | 1814819 |
|  | JCU Corp. | 105600 | 3114571 |
| # | JDC Corp. | 140500 | 490175 |
|  | Jeol Ltd. | 166900 | 5609035 |
|  | JFE Holdings, Inc. | 598208 | 6855592 |
|  | JFE Systems, Inc. | 23400 | 284694 |
|  | JGC Holdings Corp. | 526900 | 5329318 |
|  | Jichodo Co. Ltd. | 100 | 6052 |
| #\* | JIG-SAW, Inc. | 6200 | 163104 |
| \* | Jimoty, Inc. | 7800 | 64060 |
|  | JINS Holdings, Inc. | 53600 | 2704320 |
|  | JINUSHI Co. Ltd. | 62900 | 1183430 |
| # | JK Holdings Co. Ltd. | 69700 | 569816 |
|  | J-Lease Co. Ltd. | 55200 | 538739 |
|  | JM Holdings Co. Ltd. | 142200 | 1390189 |
| # | JMS Co. Ltd. | 98040 | 273456 |
|  | J-Oil Mills, Inc. | 58200 | 761849 |
|  | Joshin Denki Co. Ltd. | 57017 | 987221 |
|  | Joyful Honda Co. Ltd. | 93700 | 1239348 |
| # | JP-Holdings, Inc. | 276500 | 1065753 |
| # | JSB Co. Ltd. | 29400 | 695420 |
|  | JSP Corp. | 54200 | 663044 |
|  | JTEKT Corp. | 451499 | 4516815 |
| #\* | Juki Corp. | 88999 | 255199 |
|  | Juroku Financial <br> Group, Inc.<br>| 141900 | 5168010 |
|  | Justsystems Corp. | 105499 | 3407378 |
|  | JVCKenwood Corp. | 847570 | 6790966 |
|  | K&O Energy Group, <br> Inc.<br>| 59600 | 1343599 |
|  | Kadokawa Corp. | 136605 | 3066935 |
|  | Kadoya Sesame Mills, <br> Inc.<br>| 8500 | 210286 |
|  | Kaga Electronics Co. <br> Ltd.<br>| 172200 | 3987516 |
| # | Kagome Co. Ltd. | 127600 | 2204508 |
|  | Kajima Corp. | 516000 | 16634690 |
|  | Kakaku.com, Inc. | 389200 | 6919006 |
|  | Kaken Pharmaceutical <br> Co. Ltd.<br>| 81200 | 1931376 |
|  | Kakiyasu Honten Co. <br> Ltd.<br>| 13500 | 228477 |
| # | Kamakura Shinsho <br> Ltd.<br>| 70400 | 264065 |
|  | Kameda Seika Co. <br> Ltd.<br>| 27000 | 673043 |
|  | Kamei Corp. | 112500 | 2128000 |
|  | Kamigumi Co. Ltd. | 289900 | 8702280 |
| # | Kanaden Corp. | 81200 | 1102371 |
|  | Kanadevia Corp. | 820700 | 6081121 |
| # | Kanagawa Chuo <br> Kotsu Co. Ltd.<br>| 18500 | 421014 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Kanamic Network Co. <br> Ltd.<br>| 68100 | $212372 |
| # | Kanamoto Co. Ltd. | 91659 | 2134752 |
|  | Kandenko Co. Ltd. | 341600 | 10440033 |
|  | Kaneka Corp. | 131600 | 3630789 |
|  | Kaneko Seeds Co. <br> Ltd.<br>| 18700 | 200873 |
|  | Kanematsu Corp. | 420400 | 8511351 |
|  | Kanemi Co. Ltd. | 3400 | 73096 |
| # | Kanro, Inc. | 52200 | 491952 |
|  | Kansai Electric Power <br> Co., Inc. <br>| 764500 | 11926315 |
|  | Kansai Paint Co. Ltd. | 512600 | 8227436 |
| # | Kanto Denka Kogyo <br> Co. Ltd.<br>| 156318 | 1054714 |
|  | Kao Corp. | 428000 | 18112800 |
| # | Kappa Create Co. <br> Ltd.<br>| 19500 | 188393 |
|  | Katakura Industries <br> Co. Ltd.<br>| 108400 | 1868634 |
|  | Katitas Co. Ltd. | 145677 | 2368274 |
|  | Kato Sangyo Co. Ltd. | 83300 | 3197592 |
|  | Kato Works Co. Ltd. | 29726 | 267128 |
|  | Kawada Technologies, <br> Inc.<br>| 76400 | 2001811 |
|  | Kawagishi Bridge <br> Works Co. Ltd.<br>| 3400 | 98130 |
|  | Kawai Musical <br> Instruments <br> Manufacturing Co. <br> Ltd.<br>| 19000 | 319490 |
|  | Kawasaki Heavy <br> Industries Ltd.<br>| 156600 | 12539995 |
| # | Kawasaki Kisen <br> Kaisha Ltd.<br>| 555798 | 7963223 |
|  | KDDI Corp. | 3424200 | 54582942 |
| # | KeePer Technical <br> Laboratory Co. Ltd.<br>| 61300 | 1460242 |
|  | Keihan Holdings Co. <br> Ltd.<br>| 252377 | 5112997 |
|  | Keihanshin Building <br> Co. Ltd.<br>| 109800 | 1234743 |
|  | Keihin Co. Ltd. | 9500 | 164177 |
|  | Keikyu Corp. | 372000 | 3470445 |
|  | Keio Corp. | 233200 | 5530940 |
|  | Keisei Electric Railway <br> Co. Ltd.<br>| 497940 | 3974307 |
|  | KEIWA, Inc. | 35200 | 263425 |
|  | Keiyo Bank Ltd. | 588355 | 4963733 |
|  | Keiyo Gas Co. Ltd. | 1300 | 9870 |
|  | KEL Corp. | 9400 | 83663 |
|  | Kenko Mayonnaise <br> Co. Ltd.<br>| 31330 | 369938 |
|  | Kewpie Corp. | 230400 | 6393021 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Keyence Corp. | 42520 | $15780639 |
|  | KH Neochem Co. Ltd. | 104899 | 1875901 |
| # | Kibun Foods, Inc. | 28800 | 200741 |
|  | Kikkoman Corp. | 556550 | 4431826 |
|  | Kimura Chemical <br> Plants Co. Ltd.<br>| 73400 | 510050 |
|  | Kimura Unity Co. Ltd. | 34000 | 185503 |
|  | Kinden Corp. | 317300 | 12710131 |
| # | King Jim Co. Ltd. | 9300 | 50662 |
| # | Kintetsu Department <br> Store Co. Ltd.<br>| 32800 | 399524 |
|  | Kintetsu Group <br> Holdings Co. Ltd.<br>| 292434 | 5549523 |
|  | Kirin Holdings Co. <br> Ltd.<br>| 751980 | 10574883 |
|  | Kissei Pharmaceutical <br> Co. Ltd.<br>| 149300 | 3898832 |
|  | Ki-Star Real Estate <br> Co. Ltd.<br>| 46800 | 1588733 |
|  | Kitagawa Corp. | 33481 | 350379 |
|  | Kita-Nippon Bank Ltd. | 38400 | 938631 |
|  | Kitano Construction <br> Corp.<br>| 60400 | 516082 |
|  | Kitoku Shinryo Co. <br> Ltd.<br>| 2600 | 72952 |
|  | Kitz Corp. | 374100 | 4193878 |
|  | Kiyo Bank Ltd. | 464500 | 9046926 |
| #\* | KNT-CT Holdings Co. <br> Ltd.<br>| 33700 | 326368 |
|  | Koa Corp. | 93721 | 832792 |
| # | Koa Shoji Holdings <br> Co. Ltd.<br>| 31800 | 161211 |
| # | Koatsu Gas Kogyo <br> Co. Ltd.<br>| 140186 | 934353 |
| # | Kobe Bussan Co. Ltd. | 153599 | 3564127 |
| # | Kobe Electric Railway <br> Co. Ltd.<br>| 10300 | 155741 |
|  | Kobe Steel Ltd. | 1258482 | 14811537 |
|  | Koei Tecmo Holdings <br> Co. Ltd.<br>| 42700 | 574739 |
|  | Kohnan Shoji Co. Ltd. | 121800 | 2948808 |
| # | Kohoku Kogyo Co. <br> Ltd.<br>| 8700 | 195755 |
| # | Kohsoku Corp. | 39800 | 737487 |
|  | Koike Sanso Kogyo <br> Co. Ltd.<br>| 16500 | 170847 |
| # | Koike-ya, Inc. | 4500 | 133252 |
|  | Koito Manufacturing <br> Co. Ltd.<br>| 583899 | 8694380 |
| # | Kojima Co. Ltd. | 160400 | 1144484 |
|  | Kokusai Electric <br> Corp.<br>| 369600 | 13505713 |
|  | Kokuyo Co. Ltd. | 1279056 | 7339737 |
|  | Komatsu Ltd. | 1366800 | 45720756 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Komatsu Matere Co. <br> Ltd.<br>| 111700 | $622300 |
|  | Komatsu Wall Industry <br> Co. Ltd.<br>| 74700 | 1204904 |
|  | KOMEDA Holdings <br> Co. Ltd.<br>| 209200 | 3941393 |
| # | Komehyo Holdings <br> Co. Ltd.<br>| 34900 | 677902 |
|  | Komeri Co. Ltd. | 94800 | 1972264 |
|  | Komori Corp. | 157613 | 1480222 |
|  | Konaka Co. Ltd. | 26580 | 42382 |
|  | Konami Group Corp. | 120262 | 20027853 |
| # | Kondotec, Inc. | 69800 | 760398 |
|  | Konica Minolta, Inc. | 1447200 | 4969603 |
|  | Konishi Co. Ltd. | 221000 | 1768873 |
|  | Konoike Transport Co. <br> Ltd.<br>| 117400 | 2428113 |
| # | Konoshima Chemical <br> Co. Ltd.<br>| 23500 | 225258 |
| # | Kosaido Holdings Co. <br> Ltd.<br>| 268500 | 737962 |
|  | Kose Corp. | 29600 | 1133991 |
| # | Koshidaka Holdings <br> Co. Ltd.<br>| 243724 | 1864405 |
| # | Kotobuki Spirits Co. <br> Ltd.<br>| 323299 | 3876080 |
| #\* | Kourakuen Corp. | 9000 | 60135 |
|  | Kozo Keikaku <br> Engineering <br> Holdings, Inc.<br>| 19500 | 401321 |
|  | KPP Group Holdings <br> Co. Ltd.<br>| 132600 | 655019 |
|  | Kraftia Corp. | 176800 | 9352347 |
|  | Krosaki Harima Corp. | 111000 | 2976696 |
| # | KRS Corp. | 58467 | 1103966 |
|  | K's Holdings Corp. | 702680 | 6965864 |
|  | KU Holdings Co. Ltd. | 48100 | 367353 |
| \* | kubell Co. Ltd. | 21600 | 54680 |
|  | Kubota Corp. (6326 <br> JP)<br>| 832100 | 10773331 |
| # | Kubota Corp. (KUBTY <br> US), Sponsored <br> ADR<br>| 39134 | 2538153 |
| # | Kumagai Gumi Co. <br> Ltd.<br>| 778800 | 7071185 |
| # | Kumiai Chemical <br> Industry Co. Ltd.<br>| 230365 | 1019104 |
| # | Kura Sushi, Inc. | 33699 | 725892 |
|  | Kurabo Industries Ltd. | 66814 | 3037994 |
| # | Kuraray Co. Ltd. | 838300 | 9084283 |
| # | Kureha Corp. | 216200 | 5168469 |
| # | Kurimoto Ltd. | 250000 | 2807056 |
|  | Kurita Water <br> Industries Ltd.<br>| 285700 | 10823452 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Kuriyama Holdings <br> Corp.<br>| 65700 | $707298 |
| # | Kushikatsu Tanaka <br> Holdings Co.<br>| 15700 | 221053 |
| # | Kusuri No. Aoki <br> Holdings Co. Ltd.<br>| 206300 | 5227398 |
|  | KYB Corp. | 194400 | 4929770 |
|  | Kyocera Corp. | 1536620 | 20390021 |
|  | Kyodo Printing Co. <br> Ltd.<br>| 145700 | 1416940 |
|  | Kyoei Steel Ltd. | 70876 | 1055153 |
| # | Kyokuto Boeki Kaisha <br> Ltd.<br>| 45618 | 527033 |
|  | Kyokuto Kaihatsu <br> Kogyo Co. Ltd.<br>| 152200 | 2547010 |
| # | Kyokuto Securities <br> Co. Ltd.<br>| 67443 | 666298 |
|  | Kyokuyo Co. Ltd. | 44100 | 1363312 |
|  | Kyorin Pharmaceutical <br> Co. Ltd.<br>| 121400 | 1106590 |
| # | Kyoritsu Maintenance <br> Co. Ltd.<br>| 225199 | 4382791 |
|  | Kyosan Electric <br> Manufacturing Co. <br> Ltd.<br>| 139100 | 476429 |
|  | Kyoto Financial <br> Group, Inc.<br>| 480644 | 9737060 |
| # | Kyowa Electronic <br> Instruments Co. <br> Ltd.<br>| 37700 | 169618 |
|  | Kyowa Kirin Co. Ltd. | 185663 | 2874813 |
|  | Kyowa Leather Cloth <br> Co. Ltd.<br>| 36424 | 206033 |
|  | Kyushu Electric Power <br> Co., Inc.<br>| 656100 | 6439138 |
|  | Kyushu Financial <br> Group, Inc.<br>| 1202748 | 6893403 |
|  | Kyushu Leasing <br> Service Co. Ltd.<br>| 3300 | 28371 |
|  | Kyushu Railway Co. | 217000 | 5503298 |
| # | LA Holdings Co. Ltd. | 16200 | 789121 |
| # | Lacto Japan Co. Ltd. | 40900 | 915725 |
|  | Lasertec Corp. | 82300 | 16709552 |
| # | LEC, Inc. | 85800 | 567618 |
|  | Leopalace21 Corp. | 701200 | 2863580 |
|  | Life Corp. | 218800 | 3432616 |
|  | Lifedrink Co., Inc. | 123400 | 1605710 |
| # | LIFULL Co. Ltd. | 196100 | 244247 |
| # | LIKE, Inc. | 27200 | 264582 |
| # | Link & Motivation, <br> Inc.<br>| 156100 | 498107 |
|  | Lintec Corp. | 174200 | 4427161 |
|  | Lion Corp. | 581801 | 5733080 |
| # | LITALICO, Inc. | 75300 | 602174 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Lixil Corp. | 680119 | $7538150 |
|  | Loadstar Capital KK | 22100 | 463525 |
| # | Look Holdings, Inc. | 31700 | 543540 |
| \* | Luckland Co. Ltd. | 9800 | 74185 |
|  | LY Corp. | 2882783 | 8471102 |
|  | M&A Capital Partners <br> Co. Ltd.<br>| 31300 | 597669 |
|  | M3, Inc. | 304859 | 4272553 |
|  | Mabuchi Motor Co. <br> Ltd.<br>| 251500 | 4443001 |
| # | Macbee Planet, Inc. | 8900 | 110705 |
|  | Macnica Holdings, <br> Inc.<br>| 616650 | 8779084 |
|  | Maeda Kosen Co. <br> Ltd.<br>| 203200 | 2538665 |
|  | Maezawa Industries, <br> Inc.<br>| 51900 | 647263 |
| # | Maezawa Kasei <br> Industries Co. Ltd.<br>| 55800 | 754254 |
|  | Maezawa Kyuso <br> Industries Co. Ltd.<br>| 82500 | 766682 |
|  | Makino Milling <br> Machine Co. Ltd.<br>| 113188 | 8223026 |
|  | Makita Corp. (6586 <br> JP)<br>| 234091 | 7076884 |
|  | Makita Corp. (MKTAY <br> US), Sponsored <br> ADR<br>| 800 | 25788 |
|  | Mamiya-Op Co. Ltd. | 800 | 9779 |
| # | Mammy Mart Holdings <br> Corp.<br>| 12000 | 122929 |
| # | Management <br> Solutions Co. Ltd.<br>| 32000 | 277775 |
|  | Mandom Corp. | 144200 | 2268730 |
|  | Mani, Inc. | 192100 | 1837751 |
|  | MarkLines Co. Ltd. | 34200 | 439092 |
|  | Mars Group Holdings <br> Corp.<br>| 34500 | 686591 |
|  | Marubeni Corp. | 759159 | 18657108 |
|  | Marubun Corp. | 71100 | 546954 |
|  | Marudai Food Co. <br> Ltd.<br>| 100114 | 1217104 |
|  | Maruha Nichiro Corp. | 153497 | 3431171 |
|  | Marui Group Co. Ltd. | 465900 | 8935190 |
|  | Maruichi Steel Tube <br> Ltd.<br>| 612700 | 5180559 |
|  | MARUKA FURUSATO <br> Corp.<br>| 69976 | 1024801 |
| # | Marumae Co. Ltd. | 2300 | 32196 |
| # | Marusan Securities <br> Co. Ltd.<br>| 174800 | 1052037 |
|  | Maruwa Co. Ltd. | 23000 | 6502952 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Maruyama <br> Manufacturing Co., <br> Inc.<br>| 2200 | $31012 |
|  | Maruzen CHI Holdings <br> Co. Ltd.<br>| 80600 | 173104 |
|  | Maruzen Co. Ltd. | 26400 | 595071 |
|  | Maruzen Showa Unyu <br> Co. Ltd.<br>| 57400 | 2582916 |
| # | Marvelous, Inc. | 31900 | 116969 |
| # | Matching Service <br> Japan Co. Ltd.<br>| 29900 | 194110 |
|  | Matsuda Sangyo Co. <br> Ltd.<br>| 63362 | 1701371 |
|  | Matsui Construction <br> Co. Ltd.<br>| 75900 | 679647 |
| # | Matsui Securities Co. <br> Ltd.<br>| 297000 | 1479468 |
|  | MatsukiyoCocokara & <br> Co.<br>| 671155 | 12159718 |
|  | Matsuoka Corp. | 10400 | 152052 |
|  | Matsuya Co. Ltd. | 49200 | 550853 |
| # | Matsuyafoods <br> Holdings Co. Ltd.<br>| 18200 | 690811 |
|  | Max Co. Ltd. | 82700 | 2997702 |
|  | Maxell Ltd. | 247542 | 3588343 |
|  | Maxvalu Tokai Co. <br> Ltd.<br>| 29700 | 673275 |
|  | Mazda Motor Corp. | 1244841 | 8578013 |
|  | McDonald's Holdings <br> Co. Japan Ltd.<br>| 122700 | 4800018 |
|  | MCJ Co. Ltd. | 369300 | 3483615 |
|  | Mebuki Financial <br> Group, Inc.<br>| 3021591 | 18853552 |
| # | MEC Co. Ltd. | 52600 | 1551700 |
|  | Media Do Co. Ltd. | 20017 | 236256 |
| # | Medical System <br> Network Co. Ltd.<br>| 58100 | 185230 |
|  | Medikit Co. Ltd. | 2500 | 43908 |
|  | Medipal Holdings <br> Corp.<br>| 390800 | 6358475 |
| # | Medius Holdings Co. <br> Ltd.<br>| 14000 | 72522 |
| #\* | Medley, Inc. | 47100 | 642937 |
| # | Megachips Corp. | 12700 | 665648 |
|  | Megmilk Snow Brand <br> Co. Ltd.<br>| 132300 | 2426465 |
|  | Meidensha Corp. | 165300 | 6546382 |
|  | Meiho Facility Works <br> Ltd.<br>| 18000 | 129146 |
|  | Meiji Electric <br> Industries Co. Ltd.<br>| 24300 | 366197 |
|  | MEIJI Holdings Co. <br> Ltd.<br>| 298740 | 5750728 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Meiji Shipping Group <br> Co. Ltd.<br>| 58100 | $263806 |
|  | Meiko Electronics Co. <br> Ltd.<br>| 126300 | 8306550 |
|  | Meisei Industrial Co. <br> Ltd.<br>| 139200 | 1489535 |
|  | MEITEC Group <br> Holdings, Inc.<br>| 334900 | 6864963 |
| # | Meito Co. Ltd. | 35500 | 491080 |
| # | Meiwa Corp. | 106000 | 544688 |
|  | Meiwa Estate Co. <br> Ltd.<br>| 36400 | 252522 |
| # | Menicon Co. Ltd. | 189899 | 1480459 |
| \* | Mercari, Inc. | 328299 | 4868140 |
|  | Mercuria Holdings Co. <br> Ltd.<br>| 15400 | 84985 |
|  | METAWATER Co. <br> Ltd.<br>| 60400 | 1296396 |
|  | Micronics Japan Co. <br> Ltd.<br>| 97900 | 5774337 |
| #\* | Microwave Chemical <br> Co. Ltd.<br>| 7500 | 35927 |
| # | Midac Holdings Co. <br> Ltd.<br>| 30000 | 360665 |
| # | Mie Kotsu Group <br> Holdings, Inc.<br>| 149961 | 523132 |
| # | Migalo Holdings, Inc. | 32800 | 97834 |
|  | Mikuni Corp. | 59378 | 147999 |
|  | Milbon Co. Ltd. | 35472 | 532785 |
|  | MIMAKI <br> ENGINEERING Co. <br> Ltd.<br>| 87300 | 962203 |
|  | Minebea Mitsumi, Inc. | 752925 | 14880629 |
|  | Ministop Co. Ltd. | 1700 | 21789 |
| # | Mirai Industry Co. <br> Ltd.<br>| 10100 | 218355 |
|  | Miraial Co. Ltd. | 16600 | 128949 |
|  | Mirait One Corp. | 359210 | 6960525 |
| # | Mirarth Holdings, Inc. | 268600 | 662076 |
|  | Miroku Jyoho Service <br> Co. Ltd.<br>| 51800 | 592117 |
|  | MISUMI Group, Inc. | 357500 | 5573792 |
|  | Mitani Corp. | 141600 | 2135705 |
|  | Mitani Sekisan Co. <br> Ltd.<br>| 11700 | 571716 |
|  | Mito Securities Co. <br> Ltd.<br>| 286700 | 952072 |
|  | Mitsuba Corp. | 100900 | 613321 |
|  | Mitsubishi Chemical <br> Group Corp.<br>| 4275560 | 22333713 |
|  | Mitsubishi Corp. | 1678800 | 40312435 |
|  | Mitsubishi Electric <br> Corp.<br>| 771600 | 21907721 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Mitsubishi Estate Co. <br> Ltd.<br>| 594720 | $12603233 |
|  | Mitsubishi Gas <br> Chemical Co., Inc.<br>| 396500 | 7335697 |
|  | Mitsubishi HC Capital, <br> Inc.<br>| 3511270 | 27467500 |
|  | Mitsubishi Heavy <br> Industries Ltd.<br>| 853000 | 25751789 |
| # | Mitsubishi Kakoki <br> Kaisha Ltd.<br>| 89100 | 1899258 |
|  | Mitsubishi Logisnext <br> Co. Ltd.<br>| 194000 | 1931887 |
|  | Mitsubishi Logistics <br> Corp.<br>| 665495 | 4825527 |
|  | Mitsubishi Materials <br> Corp.<br>| 516278 | 9940330 |
|  | Mitsubishi Motors <br> Corp.<br>| 1908299 | 4650379 |
| # | Mitsubishi Paper Mills <br> Ltd.<br>| 80200 | 317329 |
|  | Mitsubishi Pencil Co. <br> Ltd.<br>| 77400 | 1026700 |
|  | Mitsubishi Research <br> Institute, Inc.<br>| 37100 | 1172962 |
|  | Mitsubishi Steel <br> Manufacturing Co. <br> Ltd.<br>| 39200 | 476548 |
|  | Mitsubishi UFJ <br> Financial Group, <br> Inc. (8306 JP)<br>| 6195400 | 93583172 |
| # | Mitsubishi UFJ <br> Financial Group, <br> Inc. (MUFG US), <br> Sponsored ADR<br>| 563089 | 8519537 |
| # | Mitsuboshi Belting <br> Ltd.<br>| 97400 | 2345249 |
|  | Mitsui & Co. Ltd. <br> (8031 JP)<br>| 1170590 | 28786705 |
|  | Mitsui & Co. Ltd. <br> (MITSY US), <br> Sponsored ADR<br>| 18547 | 9088215 |
|  | Mitsui Chemicals, Inc. | 362689 | 8562699 |
|  | Mitsui DM Sugar Co. <br> Ltd.<br>| 78900 | 1553813 |
|  | Mitsui E&S Co. Ltd. | 386519 | 15713922 |
|  | Mitsui Fudosan Co. <br> Ltd.<br>| 1418500 | 14769989 |
|  | Mitsui High-Tec, Inc. | 440300 | 2196013 |
|  | Mitsui Kinzoku Co. <br> Ltd.<br>| 237400 | 24180971 |
| # | Mitsui Matsushima <br> Holdings Co. Ltd.<br>| 248500 | 2087040 |
| # | Mitsui OSK Lines Ltd. | 562700 | 16718726 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Mitsui-Soko Holdings <br> Co. Ltd.<br>| 362400 | $9510558 |
|  | Mitsuuroko Group <br> Holdings Co. Ltd.<br>| 128700 | 1758427 |
|  | Miura Co. Ltd. | 160900 | 3115614 |
|  | MIXI, Inc. | 140900 | 2843323 |
| # | Miyaji Engineering <br> Group, Inc.<br>| 108000 | 1383996 |
|  | Miyazaki Bank Ltd. | 101900 | 3064226 |
|  | Miyoshi Oil & Fat Co. <br> Ltd.<br>| 31045 | 442984 |
|  | Mizuho Financial <br> Group, Inc. (8411 <br> JP)<br>| 1707696 | 57200068 |
|  | Mizuho Leasing Co. <br> Ltd.<br>| 803600 | 6437844 |
|  | Mizuho Medy Co. Ltd. | 33500 | 354299 |
|  | Mizuno Corp. | 276963 | 4996437 |
|  | Mochida <br> Pharmaceutical Co. <br> Ltd.<br>| 67748 | 1294211 |
|  | Modec, Inc. | 31200 | 2023915 |
|  | Monogatari Corp. | 124400 | 3110307 |
|  | MonotaRO Co. Ltd. | 364300 | 5082750 |
| # | MORESCO Corp. | 5000 | 44310 |
|  | Morinaga & Co. Ltd. | 314800 | 5424246 |
|  | Morinaga Milk Industry <br> Co. Ltd.<br>| 358800 | 7745093 |
|  | Moriroku Co. Ltd. | 23362 | 355371 |
|  | Morita Holdings Corp. | 133600 | 2019798 |
|  | Morito Co. Ltd. | 74100 | 780626 |
|  | Morozoff Ltd. | 58194 | 575495 |
|  | Mory Industries, Inc. | 120500 | 750197 |
|  | MOS Food Services, <br> Inc.<br>| 20500 | 514131 |
| # | MrMax Holdings Ltd. | 121200 | 605553 |
|  | MS&AD Insurance <br> Group Holdings, <br> Inc.<br>| 1195522 | 24645040 |
|  | MTG Co. Ltd. | 11700 | 281958 |
| # | MTI Ltd. | 28800 | 150035 |
|  | Mugen Estate Co. <br> Ltd.<br>| 57251 | 755822 |
|  | m-up Holdings, Inc. | 111700 | 1395464 |
|  | Murakami Corp. | 2100 | 92210 |
|  | Murata Manufacturing <br> Co. Ltd.<br>| 652560 | 14069789 |
|  | Musashi Seimitsu <br> Industry Co. Ltd.<br>| 227200 | 5125646 |
|  | Musashino Bank Ltd. | 143301 | 3855168 |
|  | Muto Seiko Co. | 5000 | 54586 |
|  | Mutoh Holdings Co. <br> Ltd.<br>| 5300 | 95943 |
|  | Nabtesco Corp. | 151800 | 3802535 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | NAC Co. Ltd. | 61000 | $206812 |
| # | Nachi-Fujikoshi Corp. | 66564 | 1702732 |
| # | Nafco Co. Ltd. | 34000 | 440731 |
| # | Nagano Keiki Co. Ltd. | 61000 | 927913 |
|  | Nagase & Co. Ltd. | 454400 | 9923288 |
|  | Nagase Brothers, Inc. | 21400 | 311554 |
|  | Nagoya Railroad Co. <br> Ltd.<br>| 342099 | 3742209 |
|  | Nakabayashi Co. Ltd. | 135300 | 505281 |
|  | Nakamoto Packs Co. <br> Ltd.<br>| 18300 | 215181 |
| # | Nakamuraya Co. Ltd. | 13700 | 270246 |
|  | Nakanishi, Inc. | 118000 | 1562341 |
|  | Nakano Corp. | 8100 | 50136 |
| # | Nakayama Steel <br> Works Ltd.<br>| 111300 | 444788 |
|  | Namura Shipbuilding <br> Co. Ltd.<br>| 162548 | 5512989 |
|  | Nankai Electric <br> Railway Co. Ltd.<br>| 185100 | 3343496 |
|  | Nanto Bank Ltd. | 151101 | 5025536 |
|  | Narasaki Sangyo Co. <br> Ltd.<br>| 13400 | 296122 |
|  | Nasu Denki Tekko Co. <br> Ltd.<br>| 1000 | 102043 |
| # | Natori Co. Ltd. | 30000 | 378494 |
|  | NCD Co. <br> Ltd./Shinagawa<br>| 8600 | 149164 |
| \* | NE, Inc. | 20200 | 104860 |
|  | NEC Capital Solutions <br> Ltd.<br>| 53100 | 1311996 |
|  | NEC Corp. | 799400 | 29034237 |
|  | NEOJAPAN, Inc. | 5900 | 69734 |
| \* | Net Protections <br> Holdings, Inc.<br>| 31800 | 163867 |
|  | Neturen Co. Ltd. | 143000 | 1105388 |
| # | New Art Holdings Co. <br> Ltd.<br>| 20459 | 190222 |
|  | Nexon Co. Ltd. | 180200 | 3675087 |
| # | Nextage Co. Ltd. | 159500 | 2396775 |
| #\* | NexTone, Inc. | 21400 | 304595 |
|  | NGK Insulators Ltd. | 554788 | 9360131 |
|  | NH Foods Ltd. | 266699 | 9849928 |
|  | NHK Spring Co. Ltd. | 824637 | 15460182 |
| # | Nicca Chemical Co. <br> Ltd.<br>| 38401 | 361181 |
|  | Nice Corp. | 22561 | 259690 |
|  | Nichia Steel Works <br> Ltd.<br>| 102101 | 248760 |
|  | Nichias Corp. | 321500 | 11996535 |
| # | Nichiban Co. Ltd. | 42800 | 530477 |
|  | Nichicon Corp. | 234700 | 2354835 |
| # | Nichiden Corp. | 55600 | 895003 |
|  | Nichiha Corp. | 88900 | 1581248 |
|  | Nichimo Co. Ltd. | 16259 | 262766 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nichirei Corp. | 914741 | $10828130 |
|  | Nichireki Group Co. <br> Ltd.<br>| 108000 | 1698802 |
|  | Nichirin Co. Ltd. | 55030 | 1280543 |
|  | NIDEC Corp. (6594 <br> JP)<br>| 1119887 | 13625411 |
|  | Nifco, Inc. | 297300 | 8615615 |
|  | Nihon Dempa Kogyo <br> Co. Ltd.<br>| 67600 | 493732 |
|  | Nihon Dengi Co. Ltd. | 14400 | 511054 |
|  | Nihon Denkei Co. <br> Ltd.<br>| 27100 | 358030 |
|  | Nihon Flush Co. Ltd. | 52100 | 273157 |
| # | Nihon House Holdings <br> Co. Ltd.<br>| 107477 | 206901 |
|  | Nihon Kagaku Sangyo <br> Co. Ltd.<br>| 54300 | 787266 |
|  | Nihon M&A Center <br> Holdings, Inc.<br>| 870799 | 4101279 |
| # | Nihon Nohyaku Co. <br> Ltd.<br>| 191500 | 1071618 |
|  | Nihon Parkerizing Co. <br> Ltd.<br>| 284600 | 2471942 |
|  | Nihon Plast Co. Ltd. | 6571 | 17409 |
| # | Nihon Seiko Co. Ltd. | 1100 | 87233 |
|  | Nihon Tokushu Toryo <br> Co. Ltd.<br>| 76300 | 1032737 |
|  | Nihon Trim Co. Ltd. | 9300 | 290336 |
|  | Nihon Yamamura <br> Glass Co. Ltd.<br>| 14500 | 250584 |
| # | Niitaka Co. Ltd. | 9400 | 161537 |
|  | Nikkiso Co. Ltd. | 192700 | 1883844 |
|  | Nikko Co. Ltd. | 113400 | 562323 |
| # | Nikkon Holdings Co. <br> Ltd.<br>| 483800 | 10911652 |
| # | Nikon Corp. | 516900 | 6028436 |
|  | Nintendo Co. Ltd. | 151711 | 12939414 |
|  | Nippi, Inc. | 8500 | 694496 |
|  | Nippn Corp. | 250900 | 3567055 |
|  | Nippon Air <br> Conditioning <br> Services Co. Ltd.<br>| 91700 | 779667 |
|  | Nippon Aqua Co. Ltd. | 49400 | 299346 |
| # | Nippon Avionics Co. <br> Ltd.<br>| 26000 | 916286 |
| # | Nippon Beet Sugar <br> Manufacturing Co. <br> Ltd.<br>| 51541 | 999004 |
|  | Nippon Carbide <br> Industries Co., Inc.<br>| 28200 | 388194 |
| # | Nippon Carbon Co. <br> Ltd.<br>| 29600 | 832439 |
|  | Nippon Chemical <br> Industrial Co. Ltd.<br>| 28600 | 519108 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| #\* | Nippon Chemi-Con <br> Corp.<br>| 55600 | $561081 |
| #\* | Nippon Coke & <br> Engineering Co. <br> Ltd.<br>| 505855 | 311154 |
| # | Nippon Concrete <br> Industries Co. Ltd.<br>| 172401 | 360906 |
| # | Nippon Denko Co. <br> Ltd.<br>| 448350 | 978599 |
|  | Nippon Densetsu <br> Kogyo Co. Ltd.<br>| 116300 | 2169671 |
|  | Nippon Dry-Chemical <br> Co. Ltd.<br>| 6200 | 338753 |
|  | Nippon Electric Glass <br> Co. Ltd.<br>| 325401 | 10955217 |
|  | Nippon Express <br> Holdings, Inc.<br>| 825228 | 17556962 |
|  | Nippon Fine Chemical <br> Co. Ltd.<br>| 43300 | 697575 |
|  | Nippon Gas Co. Ltd. | 544500 | 10423655 |
|  | Nippon Hume Corp. | 100600 | 2028023 |
|  | Nippon Kayaku Co. <br> Ltd.<br>| 392600 | 3590095 |
|  | Nippon Kodoshi Corp. | 23400 | 412961 |
|  | Nippon Light Metal <br> Holdings Co. Ltd.<br>| 173028 | 2519682 |
|  | Nippon Paint Holdings <br> Co. Ltd.<br>| 905100 | 5757362 |
|  | Nippon Paper <br> Industries Co. Ltd.<br>| 301196 | 2253396 |
|  | Nippon Parking <br> Development Co. <br> Ltd.<br>| 932000 | 1633157 |
|  | Nippon Rietec Co. <br> Ltd.<br>| 17500 | 233523 |
|  | Nippon Sanso <br> Holdings Corp.<br>| 348000 | 11557710 |
|  | Nippon Seiki Co. Ltd. | 250400 | 2893499 |
|  | Nippon Seisen Co. <br> Ltd.<br>| 41500 | 297767 |
|  | Nippon Sharyo Ltd. | 18599 | 402890 |
| \* | Nippon Sheet Glass <br> Co. Ltd.<br>| 300360 | 1123757 |
|  | Nippon Shinyaku Co. <br> Ltd.<br>| 162094 | 3391584 |
|  | Nippon Shokubai Co. <br> Ltd.<br>| 373618 | 4328863 |
|  | Nippon Signal Co. <br> Ltd.<br>| 253050 | 2069122 |
|  | Nippon Soda Co. Ltd. | 216600 | 4801790 |
|  | Nippon Steel Corp. | 5296890 | 21833926 |
|  | Nippon Television <br> Holdings, Inc.<br>| 50400 | 1222828 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nippon Thompson Co. <br> Ltd.<br>| 323800 | $1402108 |
|  | Nippon Yakin Kogyo <br> Co. Ltd.<br>| 59660 | 1652989 |
|  | Nippon Yusen KK | 721690 | 24922361 |
|  | Nipro Corp. | 605901 | 5914409 |
|  | Nishikawa Rubber Co. <br> Ltd.<br>| 6800 | 125155 |
|  | Nishimatsu <br> Construction Co. <br> Ltd.<br>| 150000 | 5152475 |
|  | Nishimatsuya Chain <br> Co. Ltd.<br>| 74200 | 992798 |
|  | Nishi-Nippon Financial <br> Holdings, Inc.<br>| 635014 | 10851287 |
|  | Nishi-Nippon Railroad <br> Co. Ltd.<br>| 107800 | 1565993 |
|  | Nishio Holdings Co. <br> Ltd.<br>| 69700 | 1982873 |
|  | Nissan Chemical <br> Corp.<br>| 332230 | 11224607 |
| \* | Nissan Motor Co. Ltd. | 2308113 | 5275729 |
| # | Nissan Shatai Co. <br> Ltd.<br>| 213600 | 1422116 |
|  | Nissan Tokyo Sales <br> Holdings Co. Ltd.<br>| 115700 | 377074 |
|  | Nissei ASB Machine <br> Co. Ltd.<br>| 27200 | 1204786 |
| # | Nissei Plastic <br> Industrial Co. Ltd.<br>| 37868 | 208682 |
|  | Nissha Co. Ltd. | 152683 | 1326525 |
|  | Nisshin Group <br> Holdings Co. Ltd.<br>| 126700 | 494811 |
|  | Nisshin Oillio Group <br> Ltd.<br>| 136600 | 4513424 |
|  | Nisshin Seifun Group, <br> Inc.<br>| 498845 | 5639687 |
|  | Nisshinbo Holdings, <br> Inc.<br>| 512341 | 4048924 |
| # | Nissin Foods Holdings <br> Co. Ltd.<br>| 101625 | 1834519 |
| # | Nisso Holdings Co. <br> Ltd.<br>| 60000 | 250319 |
|  | Nissui Corp. | 1451900 | 10115405 |
|  | Niterra Co. Ltd. | 505400 | 20733065 |
| # | Nitori Holdings Co. <br> Ltd.<br>| 880400 | 14264411 |
|  | Nitta Corp. | 75200 | 1971182 |
|  | Nitta Gelatin, Inc. | 56263 | 361456 |
| # | Nittetsu Mining Co. <br> Ltd.<br>| 322010 | 3526943 |
|  | Nitto Denko Corp. | 1604600 | 39962326 |
|  | Nitto Fuji Flour Milling <br> Co. Ltd.<br>| 3600 | 162207 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Nitto Kogyo Corp. | 118100 | $2828181 |
| # | Nitto Kohki Co. Ltd. | 39600 | 439749 |
| # | Nitto Seiko Co. Ltd. | 106305 | 474684 |
|  | Nittoc Construction <br> Co. Ltd.<br>| 84949 | 674668 |
| # | Nittoku Co. Ltd. | 29600 | 467695 |
|  | No.1 Co. Ltd. | 3600 | 50544 |
|  | Noda Corp. | 18352 | 83683 |
|  | Noevir Holdings Co. <br> Ltd.<br>| 33200 | 942199 |
|  | NOF Corp. | 466200 | 8295814 |
|  | Nohmi Bosai Ltd. | 30000 | 737632 |
| # | Nojima Corp. | 1176000 | 8683379 |
|  | NOK Corp. | 343200 | 6094038 |
|  | Nomura Co. Ltd. | 16500 | 109760 |
|  | Nomura Holdings, Inc. <br> (8604 JP)<br>| 2202698 | 15718671 |
|  | Nomura Holdings, Inc. <br> (NMR US), <br> Sponsored ADR<br>| 122223 | 870228 |
|  | Nomura Micro <br> Science Co. Ltd.<br>| 13600 | 346469 |
|  | Nomura Real Estate <br> Holdings, Inc.<br>| 1623100 | 9269314 |
|  | Nomura Research <br> Institute Ltd.<br>| 328585 | 12687669 |
|  | Noritake Co. Ltd. | 96000 | 3007038 |
|  | Noritsu Koki Co. Ltd. | 289800 | 3145797 |
|  | Noritz Corp. | 125600 | 1630856 |
|  | North Pacific Bank <br> Ltd.<br>| 1264600 | 5922551 |
| # | NPC, Inc. | 27000 | 125531 |
|  | NPR-RIKEN Corp. | 115180 | 2332179 |
| # | NS Solutions Corp. | 138200 | 3482202 |
| # | NS Tool Co. Ltd. | 49000 | 243278 |
|  | NS United Kaiun <br> Kaisha Ltd.<br>| 60800 | 2173674 |
|  | NSD Co. Ltd. | 206978 | 4422212 |
|  | NSK Ltd. | 1158146 | 5835906 |
| # | NSW, Inc. | 30000 | 483293 |
|  | NTN Corp. | 1393500 | 3111063 |
|  | NTT, Inc. | 14775000 | 15207222 |
| #\* | Nxera Pharma Co. <br> Ltd.<br>| 181900 | 1058124 |
|  | Oat Agrio Co. Ltd. | 27500 | 390948 |
| # | Obara Group, Inc. | 29400 | 799306 |
|  | Obayashi Corp. | 884000 | 14955018 |
|  | OBIC Business <br> Consultants Co. <br> Ltd.<br>| 15400 | 881347 |
|  | Obic Co. Ltd. | 194900 | 6046007 |
|  | Odakyu Electric <br> Railway Co. Ltd.<br>| 395499 | 4182916 |
| # | Oenon Holdings, Inc. | 183600 | 614283 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Ogaki Kyoritsu Bank <br> Ltd.<br>| 207846 | $4975442 |
| # | Ohara, Inc. | 32600 | 240504 |
| # | Ohashi Technica, Inc. | 44400 | 589209 |
| # | Ohba Co. Ltd. | 19400 | 139827 |
|  | Ohki Healthcare <br> Holdings Co. Ltd.<br>| 1900 | 17314 |
|  | Ohsho Food Service <br> Corp.<br>| 84100 | 1838174 |
|  | OIE Sangyo Co. Ltd. | 11800 | 166644 |
|  | Oiles Corp. | 66701 | 977043 |
|  | Oisix ra daichi, Inc. | 29700 | 328031 |
|  | Oita Bank Ltd. | 53300 | 1759186 |
|  | Oji Holdings Corp. | 2263100 | 11418203 |
|  | Okabe Co. Ltd. | 115200 | 685463 |
|  | Okada Aiyon Corp. | 21000 | 278381 |
| # | Okamoto Industries, <br> Inc.<br>| 28300 | 926134 |
|  | Okamoto Machine <br> Tool Works Ltd.<br>| 21561 | 670529 |
|  | Okamura Corp. | 260400 | 3809396 |
|  | Okasan Securities <br> Group, Inc.<br>| 431678 | 1934560 |
|  | Oki Electric Industry <br> Co. Ltd.<br>| 365878 | 4371272 |
|  | Okinawa Cellular <br> Telephone Co.<br>| 163400 | 2723982 |
| # | Okinawa Electric <br> Power Co., Inc.<br>| 90258 | 591441 |
|  | Okinawa Financial <br> Group, Inc.<br>| 75732 | 1887370 |
|  | OKUMA Corp. | 221500 | 4931201 |
|  | Okumura Corp. | 130400 | 4133721 |
| # | Okura Industrial Co. <br> Ltd.<br>| 37051 | 1193197 |
|  | Okuwa Co. Ltd. | 73073 | 394086 |
|  | Olympus Corp. | 1742900 | 21449806 |
|  | Omron Corp. | 458900 | 12796315 |
|  | One Career, Inc. | 4300 | 70895 |
|  | Ono Pharmaceutical <br> Co. Ltd.<br>| 775259 | 9460804 |
| # | Onoken Co. Ltd. | 95500 | 852601 |
|  | Onward Holdings Co. <br> Ltd.<br>| 278296 | 1167934 |
| # | Ootoya Holdings Co. <br> Ltd.<br>| 8700 | 318162 |
|  | Open House Group <br> Co. Ltd.<br>| 298598 | 14369412 |
|  | Open Up Group, Inc. | 110000 | 1227090 |
|  | Optex Group Co. Ltd. | 79960 | 1207081 |
| #\* | Optim Corp. | 17300 | 62700 |
| # | Optimus Group Co. <br> Ltd.<br>| 16300 | 35480 |
|  | Optorun Co. Ltd. | 6400 | 70467 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Oracle Corp. Japan | 52973 | $4883572 |
|  | Organo Corp. | 97500 | 8367369 |
|  | Orient Corp. | 185544 | 1159612 |
|  | Oriental Land Co. <br> Ltd.<br>| 345400 | 6990090 |
|  | Oriental Shiraishi <br> Corp.<br>| 571300 | 1573386 |
|  | ORIX Corp. (8591 <br> JP)<br>| 1170800 | 28640147 |
|  | ORIX Corp. (IX US), <br> Sponsored ADR<br>| 25055 | 613597 |
| # | Oro Co. Ltd. | 21300 | 324998 |
|  | Osaka Gas Co. Ltd. | 346400 | 10899422 |
| # | Osaka Organic <br> Chemical Industry <br> Ltd.<br>| 70000 | 1737658 |
| # | Osaka Steel Co. Ltd. | 37900 | 637530 |
| # | OSAKA Titanium <br> Technologies Co. <br> Ltd.<br>| 80600 | 1388013 |
| # | Osaki Electric Co. <br> Ltd.<br>| 191300 | 1550352 |
| # | OSG Corp. | 168600 | 2444412 |
|  | Otsuka Corp. | 258800 | 5116492 |
|  | Otsuka Holdings Co. <br> Ltd.<br>| 170800 | 9295618 |
|  | OUG Holdings, Inc. | 3900 | 97829 |
|  | Oyo Corp. | 96600 | 1802673 |
| # | Ozu Corp. | 7200 | 79688 |
|  | Pacific Industrial Co. <br> Ltd.<br>| 158500 | 3160905 |
| # | Pacific Metals Co. <br> Ltd.<br>| 54658 | 726008 |
|  | Pack Corp. | 149600 | 1165644 |
|  | PAL GROUP Holdings <br> Co. Ltd.<br>| 421200 | 5419754 |
|  | PALTAC Corp. | 93158 | 2747460 |
|  | Pan Pacific <br> International <br> Holdings Corp.<br>| 2037500 | 12120288 |
|  | Panasonic Holdings <br> Corp.<br>| 2188742 | 25431486 |
|  | Paraca, Inc. | 18622 | 239005 |
|  | Paramount Bed <br> Holdings Co. Ltd.<br>| 130900 | 2997717 |
| # | Park24 Co. Ltd. | 370301 | 4327593 |
|  | Parker Corp. | 6000 | 43569 |
|  | Pasona Group, Inc. | 101600 | 1256344 |
|  | Pegasus Co. Ltd. | 115156 | 615262 |
|  | Penta-Ocean <br> Construction Co. <br> Ltd.<br>| 1444700 | 13226219 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | People Dreams & <br> Technologies Group <br> Co. Ltd.<br>| 17800 | $185164 |
| \* | PeptiDream, Inc. | 181800 | 1840736 |
|  | Persol Holdings Co. <br> Ltd.<br>| 4994101 | 8284539 |
| # | Pharma Foods <br> International Co. <br> Ltd.<br>| 65200 | 336436 |
|  | PHC Holdings Corp. | 83100 | 543196 |
| \* | PIA Corp. | 14000 | 272836 |
|  | Pickles Holdings Co. <br> Ltd.<br>| 29382 | 209474 |
| # | Pigeon Corp. | 285100 | 3224931 |
| # | PILLAR Corp. | 97200 | 3060970 |
|  | Pilot Corp. | 83600 | 2524390 |
|  | Piolax, Inc. | 70800 | 788882 |
| # | Plus Alpha Consulting <br> Co. Ltd.<br>| 72100 | 1105302 |
| # | Pole To Win Holdings, <br> Inc.<br>| 65700 | 140799 |
| # | Port, Inc. | 25100 | 318687 |
|  | PR Times Corp. | 18226 | 351795 |
|  | Premium Group Co. <br> Ltd.<br>| 150000 | 1920263 |
|  | Premium Water <br> Holdings, Inc.<br>| 7800 | 167589 |
|  | Press Kogyo Co. Ltd. | 397300 | 1683801 |
|  | Prestige International, <br> Inc.<br>| 278500 | 1196013 |
|  | Prima Meat Packers <br> Ltd.<br>| 119499 | 1919629 |
|  | Procrea Holdings, <br> Inc.<br>| 84927 | 953726 |
| # | Pronexus, Inc. | 35900 | 254496 |
|  | Pro-Ship, Inc. | 59600 | 576761 |
|  | PS Construction Co. <br> Ltd.<br>| 45817 | 537353 |
|  | QB Net Holdings Co. <br> Ltd.<br>| 9721 | 85568 |
|  | Qol Holdings Co. Ltd. | 117100 | 1476435 |
|  | Quick Co. Ltd. | 43400 | 661783 |
| # | Raccoon Holdings, <br> Inc.<br>| 37700 | 162980 |
|  | Raito Kogyo Co. Ltd. | 201800 | 4223239 |
|  | Raiznext Corp. | 123700 | 1536917 |
|  | Raksul, Inc. | 122600 | 841730 |
| # | Rakumachi, Inc. | 15700 | 120934 |
|  | Rakus Co. Ltd. | 550998 | 4448098 |
| \* | Rakuten Bank Ltd. | 151300 | 8304455 |
| \* | Rakuten Group, Inc. | 1561900 | 10218267 |
|  | Rasa Corp. | 34900 | 373724 |
|  | Rasa Industries Ltd. | 37799 | 1231545 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Recruit Holdings Co. <br> Ltd.<br>| 1047700 | $51953278 |
|  | Relo Group, Inc. | 266699 | 2870976 |
| # | Renaissance, Inc. | 16900 | 115187 |
|  | Renesas Electronics <br> Corp.<br>| 921299 | 11377643 |
|  | Rengo Co. Ltd. | 1298610 | 7909088 |
| #\* | RENOVA, Inc. | 167000 | 894779 |
|  | Resol Holdings Co. <br> Ltd.<br>| 4100 | 143288 |
|  | Resona Holdings, Inc. | 1500590 | 14467303 |
|  | Resonac Holdings <br> Corp.<br>| 640200 | 24942013 |
|  | Resorttrust, Inc. | 583200 | 6872543 |
|  | Restar Corp. | 99000 | 1656245 |
|  | Retail Partners Co. <br> Ltd.<br>| 59600 | 497900 |
|  | Rheon Automatic <br> Machinery Co. Ltd.<br>| 64200 | 602130 |
| # | Rhythm Co. Ltd. | 40300 | 876523 |
|  | Ricoh Co. Ltd. | 1274719 | 10935538 |
|  | Ricoh Leasing Co. <br> Ltd.<br>| 77500 | 2846193 |
|  | Ride On Express <br> Holdings Co. Ltd.<br>| 29300 | 190097 |
|  | Riken Keiki Co. Ltd. | 88900 | 2024785 |
|  | Riken Technos Corp. | 190900 | 1730376 |
|  | Riken Vitamin Co. <br> Ltd.<br>| 65400 | 1187279 |
| # | Ringer Hut Co. Ltd. | 22900 | 330268 |
|  | Rinnai Corp. | 163400 | 3703570 |
|  | Rion Co. Ltd. | 26000 | 421414 |
|  | Rise Consulting <br> Group, Inc.<br>| 16500 | 94597 |
|  | Riso Kagaku Corp. | 23516 | 178256 |
| # | Riso Kyoiku Group <br> Corp.<br>| 192293 | 245570 |
| # | Rix Corp. | 7400 | 178748 |
| # | Rock Field Co. Ltd. | 47900 | 440847 |
|  | Rohm Co. Ltd. | 775299 | 12415385 |
|  | Rohto Pharmaceutical <br> Co. Ltd.<br>| 251600 | 3902333 |
| # | Rokko Butter Co. Ltd. | 48512 | 369345 |
|  | Roland Corp. | 41400 | 877041 |
|  | Rorze Corp. | 377800 | 5261013 |
|  | Round One Corp. | 770641 | 5533360 |
|  | Royal Holdings Co. <br> Ltd.<br>| 97800 | 1624223 |
|  | RS Technologies Co. <br> Ltd.<br>| 28100 | 700520 |
|  | Ryobi Ltd. | 86667 | 1547175 |
|  | RYODEN Corp. | 68800 | 1425381 |
|  | Ryohin Keikaku Co. <br> Ltd.<br>| 996100 | 20489141 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Ryoyo Ryosan <br> Holdings, Inc.<br>| 79960 | $1540760 |
|  | S Foods, Inc. | 55600 | 902399 |
|  | S&B Foods, Inc. | 10600 | 229023 |
| # | Sac's Bar Holdings, <br> Inc.<br>| 58200 | 295650 |
|  | Sagami Rubber <br> Industries Co. Ltd.<br>| 25600 | 145980 |
|  | Saibu Gas Holdings <br> Co. Ltd.<br>| 51100 | 612595 |
|  | Saizeriya Co. Ltd. | 89200 | 2916664 |
|  | Sakai Chemical <br> Industry Co. Ltd.<br>| 76000 | 1402348 |
| # | Sakai Heavy <br> Industries Ltd.<br>| 32400 | 431370 |
|  | Sakai Moving Service <br> Co. Ltd.<br>| 75800 | 1385830 |
|  | Sakata INX Corp. | 191000 | 2819498 |
|  | Sakata Seed Corp. | 54600 | 1399025 |
|  | Sala Corp. | 208660 | 1421747 |
| # | Samco, Inc. | 4300 | 115377 |
|  | San Holdings, Inc. | 96200 | 937382 |
| # | San ju San Financial <br> Group, Inc.<br>| 83317 | 1970586 |
|  | San-A Co. Ltd. | 129300 | 2249130 |
|  | San-Ai Obbli Co. Ltd. | 259200 | 3433081 |
|  | Sangetsu Corp. | 183100 | 3580310 |
|  | San-In Godo Bank <br> Ltd.<br>| 677997 | 5961408 |
| \* | Sanken Electric Co. <br> Ltd.<br>| 90500 | 4349768 |
|  | Sanki Engineering Co. <br> Ltd.<br>| 161700 | 5556984 |
|  | Sanko Gosei Ltd. | 87952 | 480101 |
|  | Sanko Metal Industrial <br> Co. Ltd.<br>| 56500 | 497457 |
|  | Sankyo Co. Ltd. | 808850 | 14031407 |
|  | Sankyo Frontier Co. <br> Ltd.<br>| 25600 | 333133 |
|  | Sankyo Seiko Co. <br> Ltd.<br>| 113400 | 495692 |
| # | Sankyo Tateyama, <br> Inc.<br>| 96935 | 378176 |
|  | Sankyu, Inc. | 252000 | 12867149 |
| # | Sanoh Industrial Co. <br> Ltd.<br>| 80100 | 476536 |
|  | Sanrio Co. Ltd. | 277100 | 12823733 |
| \* | Sansan, Inc. | 41100 | 484820 |
|  | Sansei Landic Co. <br> Ltd.<br>| 8900 | 78972 |
|  | Sansei Technologies, <br> Inc.<br>| 44700 | 656602 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Sansha Electric <br> Manufacturing Co. <br> Ltd.<br>| 26500 | $155309 |
|  | Sanshin Electronics <br> Co. Ltd.<br>| 35000 | 663563 |
| # | Santec Holdings <br> Corp.<br>| 18100 | 1068574 |
|  | Santen <br> Pharmaceutical Co. <br> Ltd.<br>| 814399 | 7979293 |
|  | Sanwa Holdings <br> Corp.<br>| 415200 | 11323213 |
|  | Sanyo Chemical <br> Industries Ltd.<br>| 50400 | 1371327 |
|  | Sanyo Denki Co. Ltd. | 131400 | 3360028 |
| # | Sanyo Electric <br> Railway Co. Ltd.<br>| 29600 | 384680 |
| # | Sanyo Engineering & <br> Construction, Inc.<br>| 32400 | 292476 |
|  | Sanyo Industries Ltd. | 1500 | 44555 |
|  | Sanyo Shokai Ltd. | 43099 | 889167 |
|  | Sanyo Trading Co. <br> Ltd.<br>| 87000 | 895526 |
|  | Sapporo Holdings <br> Ltd.<br>| 94900 | 4560557 |
|  | Sata Construction Co. <br> Ltd.<br>| 46000 | 322654 |
|  | Sato Corp. | 76582 | 1086971 |
| # | Sato Shoji Corp. | 48400 | 675346 |
| # | Satori Electric Co. <br> Ltd.<br>| 47500 | 591026 |
|  | Sawai Group Holdings <br> Co. Ltd.<br>| 264900 | 3163505 |
|  | SAXA, Inc. | 22700 | 792250 |
| #\* | SBI ARUHI Corp. | 48270 | 250066 |
| # | SBI Global Asset <br> Management Co. <br> Ltd.<br>| 37500 | 144205 |
|  | SBI Holdings, Inc. | 431380 | 19277089 |
| # | SBS Holdings, Inc. | 102800 | 2260752 |
| # | SCREEN Holdings <br> Co. Ltd.<br>| 145400 | 13783582 |
|  | Scroll Corp. | 141300 | 1004326 |
|  | SCSK Corp. | 219677 | 8072386 |
|  | SEC Carbon Ltd. | 14000 | 193812 |
|  | Secom Co. Ltd. | 182800 | 6179518 |
|  | Seed Co. Ltd. | 20600 | 75908 |
|  | Sega Sammy <br> Holdings, Inc.<br>| 251412 | 4652053 |
|  | Segue Group Co. Ltd. | 21300 | 88735 |
|  | Seibu Holdings, Inc. | 378200 | 13292986 |
|  | Seika Corp. | 108402 | 1616206 |
|  | Seikagaku Corp. | 147800 | 629648 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Seikitokyu Kogyo Co. <br> Ltd.<br>| 95399 | $917816 |
|  | Seiko Electric Co. <br> Ltd.<br>| 12500 | 178896 |
|  | Seiko Epson Corp. | 736132 | 9327239 |
|  | Seiko Group Corp. | 132500 | 6084908 |
|  | Seino Holdings Co. <br> Ltd.<br>| 321000 | 4536358 |
|  | Seiren Co. Ltd. | 182200 | 3731145 |
|  | Sekisui Chemical Co. <br> Ltd.<br>| 767700 | 13299852 |
|  | Sekisui House Ltd. | 526700 | 11300487 |
|  | Sekisui Jushi Corp. | 84100 | 1124525 |
| # | Sekisui Kasei Co. <br> Ltd.<br>| 88221 | 202466 |
|  | SEMITEC Corp. | 30000 | 460861 |
|  | Senko Group Holdings <br> Co. Ltd.<br>| 605000 | 7896559 |
|  | Senshu Electric Co. <br> Ltd.<br>| 39100 | 1145292 |
|  | Senshu Ikeda <br> Holdings, Inc.<br>| 1055460 | 4555727 |
| #\* | Senshukai Co. Ltd. | 111900 | 164679 |
|  | Septeni Holdings Co. <br> Ltd.<br>| 22500 | 59752 |
|  | Seria Co. Ltd. | 116900 | 2225995 |
|  | Seven & i Holdings <br> Co. Ltd.<br>| 4047856 | 51487895 |
|  | Seven Bank Ltd. | 2376472 | 4365591 |
| # | SFP Holdings Co. <br> Ltd.<br>| 6500 | 85194 |
|  | SG Holdings Co. Ltd. | 454130 | 4173729 |
| # | Sharingtechnology, <br> Inc.<br>| 71200 | 431211 |
| \* | Sharp Corp. | 647098 | 3592144 |
|  | Shibaura Machine Co. <br> Ltd.<br>| 97000 | 2693599 |
|  | Shibaura <br> Mechatronics Corp.<br>| 47700 | 5618526 |
|  | Shibusawa Logistics <br> Corp.<br>| 150000 | 1076811 |
|  | Shibuya Corp. | 56100 | 1244592 |
| \* | SHIFT, Inc. | 544085 | 3750421 |
|  | Shiga Bank Ltd. | 195336 | 7890453 |
| # | Shikibo Ltd. | 69400 | 451679 |
|  | Shikoku Bank Ltd. | 225500 | 2128157 |
|  | Shikoku Electric <br> Power Co., Inc.<br>| 287700 | 2568692 |
|  | Shikoku Kasei <br> Holdings Corp.<br>| 117600 | 2093456 |
| # | Shima Seiki <br> Manufacturing Ltd.<br>| 95269 | 612747 |
| # | Shimadaya Corp. | 19400 | 221877 |
|  | Shimadzu Corp. | 291200 | 7829046 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Shimamura Co. Ltd. | 138892 | $8954323 |
|  | Shimano, Inc. | 70307 | 7365772 |
| # | Shimizu Bank Ltd. | 30000 | 391904 |
|  | Shimizu Corp. | 838000 | 11248600 |
|  | Shimojima Co. Ltd. | 13800 | 115495 |
|  | Shin Maint Holdings <br> Co. Ltd.<br>| 15100 | 111072 |
|  | Shin Nippon Air <br> Technologies Co. <br> Ltd.<br>| 89600 | 1789287 |
| # | Shin Nippon <br> Biomedical <br> Laboratories Ltd.<br>| 65800 | 622387 |
|  | Shinagawa Refra Co. <br> Ltd.<br>| 141400 | 1694741 |
|  | Shindengen Electric <br> Manufacturing Co. <br> Ltd.<br>| 20600 | 467820 |
|  | Shin-Etsu Chemical <br> Co. Ltd.<br>| 1125900 | 33843347 |
|  | Shin-Etsu Polymer <br> Co. Ltd.<br>| 185300 | 2320511 |
| # | Shinko Shoji Co. Ltd. | 147900 | 976688 |
|  | Shinmaywa Industries <br> Ltd.<br>| 287100 | 3733728 |
|  | Shinnihon Corp. | 141400 | 1625143 |
|  | Shinnihonseiyaku Co. <br> Ltd.<br>| 31600 | 442888 |
|  | Shinsho Corp. | 76500 | 1152657 |
| # | Shinwa Co. Ltd. (3447 <br> JP)<br>| 37700 | 203107 |
|  | Shinwa Co. Ltd. (7607 <br> JP)<br>| 32200 | 641699 |
|  | Shionogi & Co. Ltd. | 715100 | 11994083 |
|  | Ship Healthcare <br> Holdings, Inc.<br>| 392600 | 5873073 |
|  | Shiseido Co. Ltd. | 402504 | 6779718 |
|  | Shizuoka Financial <br> Group, Inc.<br>| 823630 | 11092330 |
|  | Shizuoka Gas Co. <br> Ltd.<br>| 222200 | 1624847 |
|  | SHO-BOND Holdings <br> Co. Ltd.<br>| 99400 | 3154113 |
|  | Shoei Co. Ltd. | 207300 | 2201971 |
| # | Shoei Foods Corp. | 28100 | 718302 |
|  | Shofu, Inc. | 8800 | 108092 |
|  | Showa Sangyo Co. <br> Ltd.<br>| 61428 | 1172568 |
|  | Showa Shinku Co. <br> Ltd.<br>| 8600 | 80261 |
|  | SIGMAXYZ Holdings, <br> Inc.<br>| 284400 | 1612789 |
|  | Siix Corp. | 117980 | 1058122 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| \* | Simplex Holdings, <br> Inc.<br>| 115500 | $3220565 |
|  | Sinanen Holdings Co. <br> Ltd.<br>| 26400 | 1057207 |
|  | Sinfonia Technology <br> Co. Ltd.<br>| 111500 | 7674215 |
|  | Sinko Industries Ltd. | 172500 | 1441191 |
|  | Sintokogio Ltd. | 112500 | 753397 |
|  | SK Kaken Co. Ltd. | 2500 | 147074 |
| # | SK-Electronics Co. <br> Ltd.<br>| 34722 | 670089 |
|  | SKY Perfect JSAT <br> Holdings, Inc.<br>| 770500 | 7581699 |
|  | Skylark Holdings Co. <br> Ltd.<br>| 712400 | 12885535 |
|  | Skymark Airlines, Inc. | 64900 | 188881 |
| # | Smaregi, Inc. | 22100 | 407526 |
|  | SMC Corp. | 50200 | 17184586 |
| # | SMK Corp. | 15299 | 224823 |
|  | SMS Co. Ltd. | 168000 | 1448005 |
| # | Socionext, Inc. | 222900 | 5016264 |
| # | Soda Nikka Co. Ltd. | 70300 | 455247 |
|  | Sodick Co. Ltd. | 262334 | 1658718 |
|  | Soft99 Corp. | 11800 | 301053 |
|  | SoftBank Corp. | 19213000 | 27301634 |
|  | SoftBank Group <br> Corp.<br>| 1193063 | 209344931 |
|  | Softcreate Holdings <br> Corp.<br>| 63000 | 871525 |
|  | Software Service, Inc. | 9300 | 826716 |
|  | Sojitz Corp. | 439519 | 11660634 |
|  | Soken Chemical & <br> Engineering Co. <br> Ltd.<br>| 48700 | 753127 |
|  | Solasto Corp. | 223742 | 731119 |
| # | Soliton Systems KK | 24200 | 269060 |
|  | Solvvy, Inc. | 4500 | 62786 |
|  | Sompo Holdings, Inc. | 1157100 | 35263159 |
| \* | Sony Financial Group, <br> Inc.<br>| 5644000 | 5691244 |
| \* | Sony Financial Group, <br> Inc., ADR<br>| 274721 | 1365363 |
|  | Sony Group Corp. <br> (6758 JP)<br>| 5644000 | 157183026 |
| # | Sony Group Corp. <br> (SONY US), <br> Sponsored ADR<br>| 1305723 | 36416614 |
|  | Sotetsu Holdings, Inc. | 173200 | 2903396 |
| # | Space Co. Ltd. | 50960 | 451687 |
|  | Sparx Group Co. Ltd. | 96639 | 974828 |
|  | SPK Corp. | 30800 | 446752 |
| # | S-Pool, Inc. | 48100 | 88270 |
| # | Sprix, Inc. | 3700 | 32886 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Square Enix Holdings <br> Co. Ltd.<br>| 79200 | $1532107 |
|  | SRA Holdings | 51500 | 1668615 |
|  | SRE Holdings Corp. | 22900 | 418893 |
| # | SRS Holdings Co. <br> Ltd.<br>| 20900 | 155409 |
| # | ST Corp. | 19100 | 194287 |
|  | ST HD Co. Ltd. | 144100 | 2431580 |
| # | St. Care Holding <br> Corp.<br>| 36100 | 194174 |
|  | St. Marc Holdings Co. <br> Ltd.<br>| 20000 | 345504 |
|  | Stanley Electric Co. <br> Ltd.<br>| 332600 | 6532998 |
|  | Star Mica Holdings <br> Co. Ltd.<br>| 82800 | 611080 |
|  | Star Micronics Co. <br> Ltd.<br>| 93300 | 1005502 |
|  | Startia Holdings, Inc. | 9700 | 173599 |
|  | Starts Corp., Inc. | 199700 | 6203450 |
|  | Starzen Co. Ltd. | 205494 | 1546220 |
|  | Stella Chemifa Corp. | 42300 | 1122827 |
| # | Step Co. Ltd. | 29100 | 457902 |
|  | STI Foods Holdings, <br> Inc.<br>| 27300 | 227297 |
|  | Strike Co. Ltd. | 27600 | 679935 |
| # | Studio Alice Co. Ltd. | 35700 | 470358 |
|  | Subaru Corp. | 1757600 | 37389636 |
|  | Subaru Enterprise Co. <br> Ltd.<br>| 32000 | 681726 |
|  | Sugi Holdings Co. <br> Ltd.<br>| 341400 | 7374821 |
| # | Sugimoto & Co. Ltd. | 88700 | 1038786 |
|  | Sukegawa Electric Co. <br> Ltd.<br>| 1300 | 63642 |
|  | SUMCO Corp. | 896560 | 9136680 |
|  | Sumida Corp. | 121300 | 881376 |
|  | Suminoe Co. Ltd. | 15600 | 122372 |
| # | Sumiseki Holdings, <br> Inc.<br>| 124200 | 449505 |
|  | Sumitomo Bakelite <br> Co. Ltd.<br>| 239500 | 7966251 |
|  | Sumitomo Chemical <br> Co. Ltd.<br>| 3088952 | 9085609 |
|  | Sumitomo Corp. | 627700 | 18260385 |
|  | Sumitomo Densetsu <br> Co. Ltd.<br>| 73400 | 4619007 |
|  | Sumitomo Electric <br> Industries Ltd.<br>| 1367900 | 49870082 |
|  | Sumitomo Forestry <br> Co. Ltd.<br>| 1469400 | 15285831 |
| # | Sumitomo Heavy <br> Industries Ltd.<br>| 330663 | 8840790 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Sumitomo Metal <br> Mining Co. Ltd.<br>| 371400 | $12149399 |
|  | Sumitomo Mitsui <br> Financial Group, <br> Inc. (8316 JP)<br>| 2617410 | 70863209 |
|  | Sumitomo Mitsui Trust <br> Group, Inc.<br>| 638646 | 17541403 |
|  | Sumitomo Osaka <br> Cement Co. Ltd.<br>| 94699 | 2365598 |
| \* | Sumitomo Pharma <br> Co. Ltd.<br>| 136800 | 1491389 |
|  | Sumitomo Realty & <br> Development Co. <br> Ltd.<br>| 427700 | 18261501 |
|  | Sumitomo Riko Co. <br> Ltd.<br>| 243800 | 4125748 |
|  | Sumitomo Rubber <br> Industries Ltd.<br>| 405363 | 4747378 |
|  | Sumitomo Seika <br> Chemicals Co. Ltd.<br>| 36101 | 1118222 |
|  | Sumitomo Warehouse <br> Co. Ltd.<br>| 276100 | 5823459 |
|  | Sun Frontier <br> Fudousan Co. Ltd.<br>| 163500 | 2422041 |
| # | Suncall Corp. | 91500 | 599436 |
|  | Sundrug Co. Ltd. | 194700 | 5254997 |
| # | Suntory Beverage & <br> Food Ltd.<br>| 169400 | 5127681 |
|  | Sun-Wa Technos <br> Corp.<br>| 44900 | 779820 |
|  | Suruga Bank Ltd. | 431800 | 4322366 |
| # | Suzuden Corp. | 17700 | 192285 |
|  | Suzuken Co. Ltd. | 233199 | 8856091 |
|  | Suzuki Co. Ltd. | 53000 | 740667 |
|  | Suzuki Motor Corp. | 2121500 | 31671599 |
|  | SWCC Corp. | 184800 | 8978657 |
| # | Synchro Food Co. <br> Ltd.<br>| 13200 | 53507 |
|  | Sysmex Corp. | 513600 | 5725387 |
|  | System Research Co. <br> Ltd.<br>| 15000 | 197690 |
|  | System Support <br> Holdings, Inc.<br>| 18700 | 368814 |
| # | Systems Engineering <br> Consultants Co. <br> Ltd.<br>| 15200 | 254569 |
|  | Systena Corp. | 1023900 | 3523615 |
|  | Syuppin Co. Ltd. | 61900 | 510415 |
|  | T Hasegawa Co. Ltd. | 113692 | 1991941 |
|  | T RAD Co. Ltd. | 21100 | 954615 |
|  | T&D Holdings, Inc. | 654210 | 14049500 |
| # | Tachibana Eletech Co. <br> Ltd.<br>| 78580 | 1443514 |
|  | Tachikawa Corp. | 46139 | 566041 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Tachi-S Co. Ltd. | 92500 | $1172536 |
|  | Tadano Ltd. | 258545 | 1795656 |
|  | Taihei Dengyo Kaisha <br> Ltd.<br>| 165900 | 2326180 |
|  | Taiheiyo Cement <br> Corp.<br>| 361191 | 9799659 |
|  | Taiheiyo Kouhatsu, <br> Inc.<br>| 14899 | 74388 |
| # | Taiho Kogyo Co. Ltd. | 79200 | 351358 |
|  | Taikisha Ltd. | 176400 | 3492344 |
|  | Taiko Bank Ltd. | 23900 | 270430 |
|  | Taisei Corp. | 120480 | 8766270 |
|  | Taisei Lamick Group <br> Head Quarter & <br> Innovation Co. Ltd.<br>| 18400 | 314730 |
|  | Taiyo Holdings Co. <br> Ltd.<br>| 128900 | 6895302 |
|  | Taiyo Yuden Co. Ltd. | 406099 | 11533942 |
|  | Takamatsu <br> Construction Group <br> Co. Ltd.<br>| 66700 | 1463900 |
| # | Takamiya Co. Ltd. | 73843 | 198987 |
|  | Takano Co. Ltd. | 3100 | 15099 |
|  | Takaoka Toko Co. <br> Ltd.<br>| 49974 | 1112944 |
|  | Takara & Co. Ltd. | 25600 | 675364 |
|  | Takara Bio, Inc. | 167900 | 1004058 |
|  | Takara Holdings, Inc. | 399700 | 4071038 |
|  | Takara Standard Co. <br> Ltd.<br>| 189444 | 3059790 |
|  | Takasago International <br> Corp.<br>| 346500 | 3386360 |
|  | Takasago Thermal <br> Engineering Co. <br> Ltd.<br>| 201200 | 5970441 |
| # | Takashima & Co. Ltd. | 136800 | 726936 |
|  | Takashimaya Co. Ltd. | 1059800 | 11335995 |
|  | Take & Give Needs <br> Co. Ltd.<br>| 32400 | 172884 |
| # | TAKEBISHI Corp. | 28200 | 373879 |
|  | Takeda <br> Pharmaceutical Co. <br> Ltd. (4502 JP)<br>| 1299907 | 35081232 |
|  | Takemoto Yohki Co. <br> Ltd.<br>| 25300 | 138338 |
|  | Takeuchi <br> Manufacturing Co. <br> Ltd.<br>| 173000 | 7132374 |
| # | Taki Chemical Co. <br> Ltd.<br>| 6300 | 147372 |
|  | Takuma Co. Ltd. | 10000 | 153373 |
| # | Tama Home Co. Ltd. | 92800 | 2174571 |
|  | Tamron Co. Ltd. | 626000 | 4445570 |
|  | Tamura Corp. | 234100 | 802319 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Tanabe Engineering <br> Corp.<br>| 22500 | $344902 |
|  | Tanseisha Co. Ltd. | 108949 | 939928 |
| # | Tauns Laboratories, <br> Inc.<br>| 30700 | 110477 |
| # | Tayca Corp. | 49100 | 418440 |
| # | Tazmo Co. Ltd. | 33600 | 517515 |
|  | Tbk Co. Ltd. | 79201 | 168925 |
|  | TBS Holdings, Inc. | 118700 | 4098424 |
|  | TDC Soft, Inc. | 97400 | 851468 |
|  | TDK Corp. (6762 JP) | 2302500 | 40229747 |
| # | TDK Corp. (TTDKY <br> US), Sponsored <br> ADR<br>| 597870 | 10674969 |
|  | TechMatrix Corp. | 128000 | 1810281 |
| # | Techno Medica Co. <br> Ltd.<br>| 15700 | 191191 |
| # | Techno Ryowa Ltd. | 23570 | 865175 |
|  | Techno Smart Corp. | 28200 | 380532 |
|  | Teijin Ltd. | 672268 | 5881355 |
|  | Teikoku Electric <br> Manufacturing Co. <br> Ltd.<br>| 47300 | 947134 |
| # | Teikoku Sen-I Co. <br> Ltd.<br>| 75200 | 1673534 |
| # | Teikoku Tsushin <br> Kogyo Co. Ltd.<br>| 37600 | 602546 |
|  | Tekken Corp. | 51899 | 1239698 |
| # | Temairazu, Inc. | 7999 | 166814 |
| # | Tenpos Holdings Co. <br> Ltd.<br>| 2000 | 44919 |
| # | Tera Probe, Inc. | 11100 | 421091 |
|  | Terumo Corp. | 290900 | 4695392 |
| # | Tess Holdings Co. <br> Ltd.<br>| 135688 | 306312 |
|  | THK Co. Ltd. | 301700 | 8033521 |
|  | Tigers Polymer Corp. | 6600 | 41408 |
|  | TIS, Inc. | 412201 | 14200666 |
|  | TKC Corp. | 82100 | 2148095 |
|  | Toa Corp. (1885 JP) | 278400 | 4264267 |
|  | Toa Corp. (6809 JP) | 153216 | 1255227 |
| # | TOA ROAD Corp. | 151100 | 1521689 |
|  | Toagosei Co. Ltd. | 465650 | 4619175 |
|  | TOBISHIMA <br> HOLDINGS, Inc.<br>| 87240 | 1191478 |
|  | Tobu Railway Co. Ltd. | 277000 | 4467444 |
|  | TOC Co. Ltd. | 114000 | 602269 |
|  | Tocalo Co. Ltd. | 303700 | 4450985 |
|  | Tochigi Bank Ltd. | 548501 | 1955531 |
|  | Toda Corp. | 878600 | 5918915 |
|  | Toei Animation Co. <br> Ltd.<br>| 94000 | 1761746 |
|  | Toei Co. Ltd. | 55300 | 1965845 |
|  | Toell Co. Ltd. | 8400 | 43689 |
|  | Toenec Corp. | 194800 | 2114133 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Togami Electric <br> Manufacturing Co. <br> Ltd.<br>| 11600 | $317818 |
| # | Toho Bank Ltd. | 830855 | 2458856 |
|  | Toho Chemical <br> Industry Co. Ltd.<br>| 23000 | 117357 |
|  | Toho Co. Ltd. (8142 <br> JP)<br>| 40400 | 868759 |
|  | Toho Co. Ltd. (9602 <br> JP)<br>| 60000 | 3517011 |
|  | Toho Gas Co. Ltd. | 148955 | 4447794 |
|  | Toho Holdings Co. <br> Ltd.<br>| 200800 | 6439427 |
|  | Toho System Science <br> Co. Ltd.<br>| 1800 | 13143 |
| # | Toho Titanium Co. <br> Ltd.<br>| 173600 | 1779247 |
| #\* | Toho Zinc Co. Ltd. | 61199 | 266797 |
|  | Tohoku Bank Ltd. | 60500 | 519182 |
|  | Tohoku Electric Power <br> Co., Inc.<br>| 609700 | 4171700 |
| # | Tohokushinsha Film <br> Corp.<br>| 45000 | 176184 |
| # | Tokai Carbon Co. Ltd. | 621400 | 4162642 |
|  | Tokai Corp. | 58002 | 803508 |
|  | TOKAI Holdings <br> Corp.<br>| 345800 | 2289344 |
|  | Tokai Rika Co. Ltd. | 215467 | 3870735 |
|  | Tokai Tokyo Financial <br> Holdings, Inc.<br>| 651417 | 2413738 |
|  | Token Corp. | 25470 | 2336553 |
|  | Tokio Marine <br> Holdings, Inc. (8766 <br> JP)<br>| 1440936 | 53737069 |
|  | Tokio Marine <br> Holdings, Inc. <br> (TKOMY US), ADR<br>| 167916 | 6248154 |
| # | Tokushu Tokai Paper <br> Co. Ltd.<br>| 100014 | 962311 |
|  | Tokuyama Corp. | 308112 | 7649333 |
|  | Tokyo Base Co. Ltd. | 22200 | 65393 |
|  | Tokyo Century Corp. | 671720 | 7927535 |
| \* | Tokyo Electric Power <br> Co. Holdings, Inc.<br>| 1843312 | 9211873 |
| # | Tokyo Electron Device <br> Ltd.<br>| 107400 | 2098385 |
|  | Tokyo Electron Ltd. | 393800 | 86821166 |
| # | Tokyo Energy & <br> Systems, Inc.<br>| 88900 | 1024781 |
|  | Tokyo Gas Co. Ltd. | 343500 | 12054850 |
|  | Tokyo Individualized <br> Educational <br> Institute, Inc.<br>| 33155 | 95702 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Tokyo Kiraboshi <br> Financial Group, <br> Inc.<br>| 134674 | $6412474 |
|  | Tokyo Ohka Kogyo <br> Co. Ltd.<br>| 210900 | 7696484 |
|  | Tokyo Printing Ink <br> Manufacturing Co. <br> Ltd.<br>| 1600 | 73014 |
|  | Tokyo Rope <br> Manufacturing Co. <br> Ltd.<br>| 36099 | 337966 |
| # | Tokyo Sangyo Co. <br> Ltd.<br>| 78400 | 474327 |
|  | Tokyo Seimitsu Co. <br> Ltd.<br>| 119200 | 8200184 |
|  | Tokyo Steel <br> Manufacturing Co. <br> Ltd.<br>| 260800 | 2301216 |
|  | Tokyo Tatemono Co. <br> Ltd.<br>| 708600 | 13229728 |
| # | Tokyo Tekko Co. Ltd. | 41000 | 1498315 |
| # | Tokyo Theatres Co., <br> Inc.<br>| 20400 | 191769 |
|  | Tokyotokeiba Co. Ltd. | 57400 | 2058207 |
|  | Tokyu Construction <br> Co. Ltd.<br>| 320880 | 2182397 |
|  | Tokyu Corp. | 329906 | 3671198 |
|  | Tokyu Fudosan <br> Holdings Corp.<br>| 2111894 | 17019090 |
|  | Toli Corp. | 183400 | 741951 |
|  | Tomato Bank Ltd. | 29600 | 265051 |
|  | Tomen Devices Corp. | 12600 | 769860 |
| # | Tomoe Corp. | 119600 | 1404666 |
| # | Tomoe Engineering <br> Co. Ltd.<br>| 86400 | 888334 |
|  | Tomoku Co. Ltd. | 52600 | 1123436 |
|  | TOMONY Holdings, <br> Inc.<br>| 1084760 | 4807090 |
|  | Tomy Co. Ltd. | 328000 | 6747533 |
|  | TOPPAN Holdings, <br> Inc.<br>| 398120 | 9737153 |
|  | Topre Corp. | 107336 | 1555930 |
| # | Topy Industries Ltd. | 77300 | 1427241 |
|  | Toray Industries, Inc. | 2548000 | 15599949 |
| # | Torex Semiconductor <br> Ltd.<br>| 26400 | 272080 |
| # | Toridoll Holdings <br> Corp.<br>| 181300 | 5251221 |
|  | Torigoe Co. Ltd. | 47600 | 341612 |
|  | Torishima Pump <br> Manufacturing Co. <br> Ltd.<br>| 83600 | 1133529 |
|  | Tosei Corp. | 169600 | 3608393 |
|  | Toshiba TEC Corp. | 93100 | 1879164 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Tosho Co. Ltd. | 16700 | $85295 |
|  | Tosoh Corp. | 718813 | 10248508 |
|  | Totech Corp. | 89600 | 1850172 |
|  | Totetsu Kogyo Co. <br> Ltd.<br>| 93800 | 2574452 |
|  | TOTO Ltd. | 191898 | 4867418 |
| # | Tottori Bank Ltd. | 26700 | 232873 |
| # | Toukei Computer Co. <br> Ltd.<br>| 14200 | 352989 |
|  | Toumei Co. Ltd. | 7800 | 52311 |
| # | Tow Co. Ltd. | 94800 | 227735 |
|  | Towa Bank Ltd. | 100000 | 602294 |
|  | Towa Pharmaceutical <br> Co. Ltd.<br>| 138700 | 2553396 |
|  | Toyo Corp. | 103200 | 1113736 |
|  | Toyo Denki Seizo KK | 17000 | 227503 |
| # | Toyo Gosei Co. Ltd. | 27500 | 1249995 |
| # | Toyo Innovex Co. Ltd. | 57700 | 248004 |
|  | Toyo Kanetsu KK | 34100 | 997522 |
|  | Toyo Securities Co. <br> Ltd.<br>| 192100 | 685713 |
|  | Toyo Seikan Group <br> Holdings Ltd.<br>| 429600 | 9644622 |
|  | Toyo Suisan Kaisha <br> Ltd.<br>| 59500 | 4312853 |
| # | Toyo Tanso Co. Ltd. | 59800 | 1789068 |
|  | Toyo Tire Corp. | 606300 | 16570213 |
|  | Toyo Wharf & <br> Warehouse Co. <br> Ltd.<br>| 2200 | 23086 |
|  | Toyobo Co. Ltd. | 243078 | 1804323 |
|  | Toyoda Gosei Co. <br> Ltd.<br>| 274000 | 6341668 |
|  | Toyokumo, Inc. | 5700 | 107994 |
|  | Toyota Boshoku <br> Corp.<br>| 284200 | 4321283 |
|  | Toyota Industries <br> Corp.<br>| 82100 | 8924442 |
|  | Toyota Motor Corp. <br> (7203 JP)<br>| 12585491 | 256581971 |
| # | Toyota Motor Corp. <br> (TM US), <br> Sponsored ADR<br>| 13823 | 2822518 |
|  | Toyota Tsusho Corp. | 1237638 | 37829924 |
|  | TPR Co. Ltd. | 133534 | 1048693 |
| # | Traders Holdings Co. <br> Ltd.<br>| 84219 | 488677 |
| # | Transaction Co. Ltd. | 104600 | 694070 |
|  | Transcosmos, Inc. | 54000 | 1279669 |
|  | TRE Holdings Corp. | 158412 | 1587359 |
| # | Treasure Factory Co. <br> Ltd.<br>| 49000 | 531136 |
|  | Trend Micro, Inc. <br> (4704 JP)<br>| 170000 | 8675514 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Trend Micro, Inc. <br> (TMICY US), <br> Sponsored ADR<br>| 3140 | $160046 |
| # | Tri Chemical <br> Laboratories, Inc.<br>| 84600 | 1632969 |
|  | Trinity Industrial Corp. | 7900 | 60254 |
|  | Trusco Nakayama <br> Corp.<br>| 142122 | 2240784 |
|  | TS Tech Co. Ltd. | 361300 | 4282047 |
|  | TSI Holdings Co. Ltd. | 271990 | 1687745 |
| # | Tsubaki Nakashima <br> Co. Ltd.<br>| 125025 | 315631 |
|  | Tsubakimoto Chain <br> Co.<br>| 393000 | 5500483 |
| # | Tsubakimoto Kogyo <br> Co. Ltd.<br>| 52200 | 923152 |
|  | Tsuburaya Fields <br> Holdings, Inc.<br>| 117200 | 1647937 |
|  | Tsugami Corp. | 191300 | 3390635 |
|  | Tsukada Global <br> Holdings, Inc.<br>| 54100 | 220460 |
|  | Tsukishima Holdings <br> Co. Ltd.<br>| 117600 | 1945435 |
|  | Tsukuba Bank Ltd. | 243300 | 497395 |
|  | Tsumura & Co. | 178478 | 4140079 |
|  | Tsuruha Holdings, <br> Inc.<br>| 698000 | 12119190 |
|  | Tsurumi Manufacturing <br> Co. Ltd.<br>| 130200 | 1640771 |
|  | Tsutsumi Jewelry Co. <br> Ltd.<br>| 22700 | 332887 |
|  | Tsuzuki Denki Co. <br> Ltd.<br>| 23900 | 489502 |
|  | TV Asahi Holdings <br> Corp.<br>| 138200 | 2812282 |
|  | Tv Tokyo Holdings <br> Corp.<br>| 28100 | 846179 |
| # | TWOSTONE&Sons | 26300 | 125144 |
|  | TYK Corp. | 55000 | 197125 |
|  | UACJ Corp. | 656856 | 8481888 |
|  | UBE Corp. | 294765 | 4333345 |
| # | Ubicom Holdings, Inc. | 14226 | 105754 |
|  | Uchida Yoko Co. Ltd. | 40200 | 2710232 |
|  | Ukai Co. Ltd. | 1000 | 22985 |
|  | ULS Group, Inc. | 94000 | 451808 |
|  | Ulvac, Inc. | 115695 | 5247848 |
|  | U-Next Holdings Co. <br> Ltd.<br>| 227700 | 3005425 |
|  | Unicharm Corp. | 1388499 | 8590888 |
|  | Unipres Corp. | 113941 | 884514 |
|  | United Arrows Ltd. | 68800 | 859291 |
| # | United Super Markets <br> Holdings, Inc.<br>| 159823 | 853241 |
| # | UNITED, Inc. | 8500 | 28044 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| \* | Universal <br> Entertainment <br> Corp.<br>| 62700 | $351217 |
|  | Urbanet Corp. Co. <br> Ltd.<br>| 126000 | 459508 |
|  | User Local, Inc. | 12800 | 162666 |
|  | Ushio, Inc. | 449800 | 7457556 |
|  | USS Co. Ltd. | 827000 | 9128322 |
|  | UT Group Co. Ltd. | 92300 | 1643610 |
|  | V Technology Co. <br> Ltd.<br>| 26900 | 604340 |
|  | Valor Holdings Co. <br> Ltd.<br>| 139413 | 2552027 |
|  | Valqua Ltd. | 78700 | 1979956 |
| # | Value HR Co. Ltd. | 63000 | 690666 |
|  | ValueCommerce Co. <br> Ltd.<br>| 80100 | 349333 |
|  | Vector, Inc. | 100900 | 760652 |
|  | Vertex Corp. | 213360 | 1909216 |
|  | Vision, Inc. | 119000 | 944382 |
| \* | Visional, Inc. | 75900 | 5269943 |
|  | Vital KSK Holdings, <br> Inc.<br>| 186785 | 1505057 |
|  | VT Holdings Co. Ltd. | 252100 | 795774 |
| # | WA, Inc. | 3900 | 33606 |
|  | Wacoal Holdings <br> Corp.<br>| 156400 | 5453849 |
|  | Wacom Co. Ltd. | 221900 | 1204431 |
|  | Wakachiku <br> Construction Co. <br> Ltd.<br>| 33200 | 1032696 |
|  | Wakita & Co. Ltd. | 190600 | 2193327 |
|  | Warabeya Nichiyo <br> Holdings Co. Ltd.<br>| 56332 | 1138992 |
| # | Waseda Academy Co. <br> Ltd.<br>| 22100 | 340971 |
| # | Watahan & Co. Ltd. | 62400 | 579124 |
| # | WATAMI Co. Ltd. | 49200 | 288638 |
| # | WDB Holdings Co. <br> Ltd.<br>| 29500 | 308877 |
|  | WDI Corp. | 2100 | 40993 |
| # | Wealth Management, <br> Inc.<br>| 5800 | 41329 |
|  | Weathernews, Inc. | 30800 | 802838 |
|  | Welcia Holdings Co. <br> Ltd.<br>| 266687 | 5318502 |
|  | Wellneo Sugar Co. <br> Ltd.<br>| 54200 | 886363 |
|  | Wellnet Corp. | 50400 | 212951 |
| # | West Holdings Corp. | 130506 | 1248240 |
|  | West Japan Railway <br> Co.<br>| 270900 | 5567569 |
| # | Will Group, Inc. | 46700 | 308612 |
| \* | WingArc1st, Inc. | 59400 | 1293913 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Workman Co. Ltd. | 45200 | $1700116 |
|  | World Co. Ltd. | 86100 | 1510834 |
|  | World Holdings Co. <br> Ltd.<br>| 40200 | 653435 |
|  | Wowow, Inc. | 20000 | 188562 |
| #\* | W-Scope Corp. | 86200 | 141037 |
| # | Xebio Holdings Co. <br> Ltd.<br>| 80139 | 566534 |
| # | YAC Holdings Co. <br> Ltd.<br>| 56024 | 326271 |
|  | Yahagi Construction <br> Co. Ltd.<br>| 110900 | 1568922 |
| # | Yakult Honsha Co. <br> Ltd.<br>| 444700 | 6657518 |
|  | YAKUODO Holdings <br> Co. Ltd.<br>| 34200 | 450837 |
|  | YAMABIKO Corp. | 168640 | 2817486 |
|  | YAMADA Consulting <br> Group Co. Ltd.<br>| 13800 | 157363 |
|  | Yamada Holdings Co. <br> Ltd.<br>| 1642438 | 4937513 |
|  | Yamae Group <br> Holdings Co. Ltd.<br>| 36600 | 607612 |
| # | Yamagata Bank Ltd. | 74799 | 813888 |
|  | Yamaguchi Financial <br> Group, Inc.<br>| 651900 | 7468716 |
|  | Yamaha Corp. | 962397 | 6073178 |
| # | Yamaha Motor Co. <br> Ltd.<br>| 2797400 | 20154602 |
| # | Yamaichi Electronics <br> Co. Ltd.<br>| 126500 | 3747672 |
| # | Yamami Co. | 11800 | 306786 |
|  | Yamanashi Chuo <br> Bank Ltd.<br>| 121900 | 2595877 |
| # | Yamatane Corp. | 90200 | 1492157 |
|  | Yamato Corp. | 80400 | 1129629 |
|  | Yamato Holdings Co. <br> Ltd.<br>| 419100 | 6127620 |
|  | Yamato Kogyo Co. <br> Ltd.<br>| 112100 | 7065829 |
| # | Yamaura Corp. | 24100 | 223302 |
|  | Yamax Corp. | 13000 | 169890 |
| # | Yamaya Corp. | 9710 | 149067 |
|  | Yamazaki Baking Co. <br> Ltd.<br>| 383100 | 7528917 |
|  | Yamazen Corp. | 220600 | 2044050 |
| # | Yashima Denki Co. <br> Ltd.<br>| 42800 | 720880 |
|  | Yaskawa Electric <br> Corp.<br>| 204500 | 5609088 |
| # | Yasuda Logistics <br> Corp.<br>| 75700 | 1063515 |
|  | YE DIGITAL Corp. | 31400 | 133757 |
|  | Yellow Hat Ltd. | 300400 | 3024935 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Yodoko Ltd. | 526000 | $4434811 |
|  | Yokogawa Bridge <br> Holdings Corp.<br>| 140100 | 2500830 |
|  | Yokogawa Electric <br> Corp.<br>| 284100 | 8498695 |
|  | Yokohama Financial <br> Group, Inc.<br>| 1891211 | 13738200 |
|  | Yokohama Rubber <br> Co. Ltd. <br>| 532300 | 18997260 |
| # | Yokorei Co. Ltd. | 199000 | 1583000 |
|  | Yokowo Co. Ltd. | 56600 | 724905 |
| # | Yomeishu Seizo Co. <br> Ltd.<br>| 22000 | 593131 |
|  | Yondenko Corp. | 118380 | 1078997 |
| # | Yondoshi Holdings, <br> Inc.<br>| 50600 | 561839 |
|  | Yonex Co. Ltd. | 204100 | 5249565 |
| # | Yorozu Corp. | 69810 | 414717 |
| #\* | Yoshimura Food <br> Holdings KK<br>| 33200 | 140763 |
| # | Yoshinoya Holdings <br> Co. Ltd.<br>| 190900 | 3768267 |
| # | Yossix Holdings Co. <br> Ltd.<br>| 12700 | 208438 |
|  | Yotai Refractories Co. <br> Ltd.<br>| 3400 | 39203 |
| # | Yuasa Funashoku Co. <br> Ltd.<br>| 11600 | 124477 |
|  | Yuasa Trading Co. <br> Ltd.<br>| 74100 | 2409196 |
|  | Yuken Kogyo Co. Ltd. | 4500 | 85588 |
| # | Yukiguni Factory Co. <br> Ltd.<br>| 58618 | 391075 |
|  | Yurtec Corp. | 196400 | 3166187 |
| # | Yushin Co. | 50000 | 209038 |
|  | Yushiro, Inc. | 36300 | 500088 |
| # | Yutaka Foods Corp. | 4000 | 54783 |
|  | Yutaka Giken Co. Ltd. | 2200 | 43212 |
|  | Zacros Corp. | 232000 | 1585573 |
|  | Zaoh Co. Ltd. | 18400 | 292324 |
| # | Zenitaka Corp. | 10337 | 530709 |
|  | Zenkoku Hosho Co. <br> Ltd.<br>| 347693 | 7146118 |
|  | Zenrin Co. Ltd. | 100450 | 671439 |
|  | Zensho Holdings Co. <br> Ltd.<br>| 172797 | 10759383 |
|  | Zeon Corp. | 576100 | 5911066 |
|  | ZERIA Pharmaceutical <br> Co. Ltd.<br>| 73100 | 948678 |
| # | ZIGExN Co. Ltd. | 233100 | 770018 |
|  | Zojirushi Corp. | 21500 | 231750 |
|  | ZOZO, Inc. | 740700 | 6402987 |
| # | Zuiko Corp. | 61135 | 380401 |
| TOTAL JAPAN | TOTAL JAPAN |  | 8106537332 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NETHERLANDS — (3.4%) | NETHERLANDS — (3.4%) | NETHERLANDS — (3.4%) | NETHERLANDS — (3.4%) |
|  | Aalberts NV | 464798 | $14725377 |
| Ω | ABN AMRO Bank NV | 1010931 | 30205265 |
|  | Acomo NV | 87049 | 2357951 |
| \*Ω | Adyen NV | 9183 | 15734925 |
|  | Aegon Ltd. (AEG US) | 532037 | 4027520 |
|  | Aegon Ltd. (AGN NA) | 4588512 | 34967789 |
|  | Akzo Nobel NV | 414809 | 27412696 |
| #\*Ω | Alfen NV | 12665 | 140339 |
|  | Allfunds Group PLC | 637082 | 4842931 |
|  | AMG Critical Materials <br> NV<br>| 104276 | 3462203 |
| # | Aperam SA | 237788 | 8286263 |
|  | Arcadis NV | 312262 | 14912619 |
| # | ArcelorMittal SA (MT <br> US)<br>| 803577 | 30608256 |
|  | ASM International NV | 65587 | 42555769 |
|  | ASML Holding NV <br> (ASML NA)<br>| 119915 | 126787248 |
|  | ASML Holding NV <br> (ASML US)<br>| 180734 | 191438875 |
|  | ASR Nederland NV | 621526 | 41479799 |
| #\* | Avantium NV | 7876 | 56829 |
| Ω | B&S Group SARL | 114363 | 783064 |
| \*Ω | Basic-Fit NV | 190031 | 5640882 |
| # | BE Semiconductor <br> Industries NV<br>| 157088 | 26782888 |
| # | Brunel International <br> NV<br>| 62559 | 557541 |
| \* | CM.com NV | 12593 | 60938 |
|  | Coca-Cola Europacific <br> Partners PLC<br>| 270395 | 24088034 |
|  | Corbion NV | 177959 | 3622045 |
| Ω | CTP NV | 265748 | 5541676 |
| #\* | Fastned BV | 733 | 18578 |
| \* | Flow Traders Ltd. | 140178 | 3854483 |
|  | ForFarmers NV | 112199 | 542613 |
| # | Fugro NV | 324641 | 3315330 |
|  | HAL Trust | 6222 | 976565 |
|  | Havas NV | 1944279 | 3393104 |
|  | Heineken NV | 248667 | 19254858 |
|  | IMCD NV | 143293 | 14848546 |
| # | ING Groep NV (ING <br> US), Sponsored <br> ADR<br>| 17787 | 443429 |
|  | ING Groep NV (INGA <br> NA)<br>| 2231490 | 55719557 |
| \* | InPost SA | 758935 | 9559890 |
|  | JDE Peet's NV | 303543 | 11047174 |
| # | Kendrion NV | 46468 | 762337 |
|  | Koninklijke Ahold <br> Delhaize NV (AD <br> NA)<br>| 1866433 | 76374136 |
|  | Koninklijke BAM <br> Groep NV<br>| 1590527 | 14764682 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
|  | Koninklijke Heijmans <br> NV<br>| 143047 | $10134026 |
|  | Koninklijke KPN NV | 14717370 | 68104059 |
| # | Koninklijke Philips NV <br> (PHG US)<br>| 1017635 | 27801788 |
|  | Koninklijke Vopak NV | 309427 | 14022296 |
|  | Nedap NV | 22758 | 2738129 |
|  | NN Group NV | 920913 | 63022540 |
| \* | NX Filtration NV | 3533 | 11406 |
|  | OCI NV | 347967 | 1364986 |
| #\* | Pharming Group NV | 1747195 | 2289654 |
| # | PostNL NV | 658503 | 728659 |
|  | Prosus NV (PRX NA) | 778407 | 53802287 |
|  | Randstad NV | 328982 | 12893092 |
|  | SBM Offshore NV | 886185 | 22915875 |
| #\* | SIF Holding NV | 9744 | 78359 |
| Ω | Signify NV | 389068 | 9313308 |
| # | Sligro Food Group <br> NV<br>| 68114 | 731487 |
|  | TKH Group NV | 186987 | 8266339 |
| \* | TomTom NV | 123312 | 742592 |
| # | Universal Music <br> Group NV<br>| 1296880 | 34784888 |
|  | Van Lanschot Kempen <br> NV<br>| 105539 | 6170592 |
|  | Wolters Kluwer NV | 410028 | 50263502 |
| TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 1266134868 |
| NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) |
| # | a2 Milk Co. Ltd.  | 539823 | 3335994 |
|  | Air New Zealand Ltd. | 5607829 | 1909387 |
|  | Auckland International <br> Airport Ltd.<br>| 804016 | 3742058 |
|  | Briscoe Group Ltd. | 3458 | 10687 |
| # | Channel Infrastructure <br> NZ Ltd.<br>| 1103230 | 1692092 |
|  | Chorus Ltd. (CHRYY <br> US), ADR<br>| 10086 | 266674 |
|  | Chorus Ltd. (CNU <br> NZ)<br>| 2046206 | 10957534 |
|  | Contact Energy Ltd. | 1319165 | 7032236 |
|  | EBOS Group Ltd. | 262328 | 4338057 |
| \* | Eroad Ltd. | 31578 | 35200 |
|  | Fisher & Paykel <br> Healthcare Corp. <br> Ltd.<br>| 349622 | 7412019 |
| #\* | Fletcher Building Ltd. <br> (FBU AU)<br>| 46679 | 87199 |
| \* | Fletcher Building Ltd. <br> (FBU NZ)<br>| 2939911 | 5480377 |
|  | Fonterra Co-Operative <br> Group Ltd.<br>| 193658 | 905353 |
|  | Freightways Group <br> Ltd.<br>| 687706 | 5786782 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) |
| # | Genesis Energy Ltd. | 1713404 | $2460698 |
| \* | Gentrack Group Ltd. | 111983 | 586082 |
|  | Hallenstein Glasson <br> Holdings Ltd.<br>| 171926 | 969170 |
| # | Heartland Group <br> Holdings Ltd.<br>| 2364582 | 1467050 |
| # | Infratil Ltd. | 530312 | 3748258 |
|  | Investore Property <br> Ltd.<br>| 603508 | 434211 |
| \* | KMD Brands Ltd. | 3029320 | 493841 |
|  | Mainfreight Ltd. | 101033 | 3484328 |
|  | Mercury NZ Ltd. | 458173 | 1698463 |
|  | Meridian Energy Ltd. | 205855 | 696896 |
|  | Napier Port Holdings <br> Ltd.<br>| 15243 | 30075 |
| # | NZME Ltd. (NZM AU) | 832068 | 556508 |
| # | NZX Ltd. | 1159303 | 1021260 |
| #\* | Oceania Healthcare <br> Ltd.<br>| 1997807 | 902573 |
| # | Port of Tauranga Ltd. | 394422 | 1775551 |
| \* | Rakon Ltd. | 153337 | 70154 |
|  | Restaurant Brands <br> New Zealand Ltd.<br>| 111871 | 322616 |
| \* | Ryman Healthcare <br> Ltd.<br>| 1709524 | 2799499 |
|  | Sanford Ltd. | 268979 | 947054 |
|  | Scales Corp. Ltd. | 446620 | 1558351 |
| \* | Serko Ltd. | 66043 | 102810 |
|  | Skellerup Holdings <br> Ltd.<br>| 734322 | 2306871 |
| # | SKY Network <br> Television Ltd.<br>| 795781 | 1639896 |
| #\* | SKYCITY <br> Entertainment <br> Group Ltd.<br>| 3471784 | 1448575 |
| # | Spark New Zealand <br> Ltd.<br>| 2268503 | 3180284 |
| #\* | Steel & Tube Holdings <br> Ltd.<br>| 706501 | 286937 |
| # | Summerset Group <br> Holdings Ltd.<br>| 1077108 | 7143794 |
| # | Tourism Holdings Ltd. | 671768 | 973448 |
|  | TOWER Ltd. | 896888 | 948623 |
|  | Turners Automotive <br> Group Ltd.<br>| 21790 | 91180 |
|  | Vector Ltd. | 284783 | 816419 |
| #\* | Vista Group <br> International Ltd.<br>| 335878 | 509124 |
| \* | Warehouse Group <br> Ltd.<br>| 366083 | 168604 |
| TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 98630852 |
| NORWAY — (0.7%) | NORWAY — (0.7%) | NORWAY — (0.7%) | NORWAY — (0.7%) |
|  | 2020 Bulkers Ltd. | 66756 | 911015 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  | ABG Sundal Collier <br> Holding ASA<br>| 1448335 | $1005116 |
|  | AF Gruppen ASA | 99999 | 1679579 |
|  | Akastor ASA | 435783 | 478320 |
|  | Aker ASA, Class A | 14573 | 1132390 |
| \* | Aker BioMarine ASA | 3678 | 31218 |
|  | Aker BP ASA | 422563 | 10951524 |
|  | Aker Solutions ASA | 1069439 | 2938369 |
|  | Archer Ltd. | 181167 | 421824 |
| \* | ArcticZymes <br> Technologies ASA<br>| 28327 | 80529 |
|  | Atea ASA | 310060 | 4723773 |
|  | Austevoll Seafood <br> ASA<br>| 306909 | 2881657 |
| #\*Ω | AutoStore Holdings <br> Ltd.<br>| 160654 | 155834 |
| \* | Axactor ASA | 378854 | 262879 |
|  | B2 Impact ASA | 892479 | 1529815 |
| # | Bakkafrost P | 48508 | 2227372 |
| # | Bluenord ASA | 53722 | 2453240 |
|  | Bonheur ASA | 100475 | 2173698 |
|  | Borregaard ASA | 307322 | 5820252 |
|  | Bouvet ASA | 227976 | 1447368 |
| Ω | BW LPG Ltd. | 471056 | 6238058 |
|  | BW Offshore Ltd. | 502070 | 1828259 |
| #\* | Cadeler AS (CADLR <br> NO)<br>| 128116 | 593991 |
| \* | Cadeler AS (CDLR <br> US), ADR<br>| 6566 | 121668 |
| \* | Cloudberry Clean <br> Energy ASA<br>| 671531 | 874050 |
| # | DNB Bank ASA | 682028 | 17409053 |
|  | DNO ASA | 2226670 | 3040473 |
|  | DOF Group ASA | 357692 | 3206613 |
| Ω | Elkem ASA | 861811 | 2266813 |
| \* | Elliptic Laboratories <br> ASA<br>| 93298 | 92544 |
| #Ω | Elmera Group ASA | 302288 | 972448 |
|  | Elopak ASA | 283142 | 1332855 |
| \* | Ensurge Micropower <br> ASA<br>| 377894 | 43111 |
| Ω | Entra ASA | 52679 | 586164 |
|  | Equinor ASA | 1136966 | 27231805 |
| Ω | Europris ASA | 646491 | 5574001 |
| # | FLEX LNG Ltd. <br> (FLNG NO)<br>| 68867 | 1788473 |
| # | FLEX LNG Ltd. <br> (FLNG US)<br>| 4783 | 124214 |
| # | Frontline PLC | 271218 | 6635336 |
| # | Gjensidige Forsikring <br> ASA<br>| 36956 | 994569 |
| # | Golar LNG Ltd. | 19800 | 812790 |
| #\* | Grieg Seafood ASA | 251982 | 1687464 |
| # | Hafnia Ltd. | 565512 | 3523001 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
| #\* | Hexagon Composites <br> ASA<br>| 318507 | $286058 |
|  | Himalaya Shipping <br> Ltd.<br>| 1591 | 12473 |
| # | Hoegh Autoliners <br> ASA<br>| 311789 | 2793805 |
| Ω | Kid ASA | 113264 | 1533331 |
|  | Kitron ASA | 557120 | 4141941 |
| Ω | Klaveness <br> Combination <br> Carriers ASA<br>| 63577 | 481918 |
| \* | Kongsberg Automotive <br> ASA<br>| 3499532 | 598010 |
|  | Kongsberg Gruppen <br> ASA<br>| 214860 | 5477485 |
| # | Leroy Seafood Group <br> ASA<br>| 339360 | 1597881 |
| \* | LINK Mobility Group <br> Holding ASA<br>| 797615 | 2362397 |
|  | Magnora ASA | 139518 | 282933 |
|  | Medistim ASA | 12088 | 325104 |
|  | Morrow Bank ASA | 109423 | 144219 |
| # | Mowi ASA | 150940 | 3318110 |
|  | MPC Container Ships <br> ASA<br>| 1130750 | 1978617 |
| #Ω | Multiconsult ASA | 38244 | 649223 |
| \* | Napatech AS | 5952 | 19187 |
| \* | Nekkar ASA | 115588 | 139386 |
| #\* | NEL ASA | 1897209 | 413884 |
|  | Norbit ASA | 63339 | 1275111 |
|  | Norconsult Norge AS | 33139 | 153258 |
| \* | Nordic Mining ASA | 77653 | 112880 |
| #\* | Nordic Semiconductor <br> ASA<br>| 53268 | 770421 |
|  | Norsk Hydro ASA | 817996 | 5530112 |
| \*Ω | Norske Skog ASA | 167386 | 258823 |
| \* | Northern Ocean Ltd. | 39056 | 23188 |
|  | Norwegian Air Shuttle <br> ASA<br>| 150444 | 233556 |
| \* | NRC Group ASA | 13302 | 10126 |
|  | Odfjell Drilling Ltd. | 499918 | 4015561 |
|  | Odfjell SE, Class A | 60616 | 728596 |
|  | Odfjell Technology <br> Ltd.<br>| 85243 | 489435 |
| \* | OKEA ASA | 153854 | 277031 |
| #Ω | Okeanis Eco Tankers <br> Corp.<br>| 63287 | 2181888 |
|  | Olav Thon <br> Eiendomsselskap <br> ASA<br>| 23024 | 602090 |
| # | Orkla ASA | 151121 | 1534832 |
| \* | Otello Corp. ASA | 172107 | 257012 |
|  | Panoro Energy ASA | 305779 | 653465 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  | Paratus Energy <br> Services Ltd.<br>| 50277 | $205790 |
|  | Pareto Bank ASA | 62592 | 530286 |
|  | Petronor E&P ASA | 33233 | 33953 |
|  | Pexip Holding ASA | 120836 | 742296 |
| \* | PhotoCure ASA | 28695 | 164697 |
| \*Ω | poLight ASA | 46889 | 29540 |
| # | Protector Forsikring <br> ASA<br>| 144955 | 6529905 |
|  | Public Property Invest <br> AS<br>| 208181 | 459188 |
|  | Rana Gruber ASA | 113729 | 717055 |
|  | Reach Subsea ASA | 36889 | 24320 |
| # | Salmar ASA | 17953 | 1008159 |
| #\* | Salmon Evolution <br> ASA<br>| 421019 | 214275 |
|  | SATS ASA | 321986 | 1153654 |
| \*Ω | Scatec ASA | 433204 | 4569369 |
|  | Sea1 offshore, Inc. | 126475 | 250338 |
|  | Selvaag Bolig ASA | 112383 | 365235 |
| #\*Ω | Shelf Drilling Ltd. | 567337 | 1024186 |
| #\* | SmartCraft ASA | 36787 | 92808 |
| # | Solstad Maritime <br> Holding AS<br>| 291014 | 515512 |
| \* | Solstad Offshore ASA | 82932 | 355822 |
|  | SpareBank 1 <br> Helgeland<br>| 808 | 13474 |
|  | Sparebank 1 <br> Oestlandet<br>| 27072 | 474735 |
|  | SpareBank 1 <br> Sor-Norge ASA<br>| 354103 | 6095307 |
|  | Sparebanken More | 14705 | 145102 |
|  | Sparebanken Norge | 1063 | 18529 |
|  | Stolt-Nielsen Ltd. | 114201 | 3830433 |
|  | Storebrand ASA | 940744 | 14578717 |
|  | Subsea 7 SA | 403951 | 7377493 |
|  | Telenor ASA | 372597 | 5541089 |
|  | TGS ASA | 510380 | 4404443 |
| \* | Thor Medical ASA | 434307 | 152531 |
| # | TOMRA Systems <br> ASA<br>| 96069 | 1172806 |
|  | Var Energi ASA | 593287 | 1993378 |
|  | Veidekke ASA | 379003 | 5868016 |
| # | Vend Marketplaces <br> ASA, Class B<br>| 43824 | 1506522 |
|  | Wallenius Wilhelmsen <br> ASA<br>| 287819 | 2251000 |
|  | Wilh Wilhelmsen <br> Holding ASA, <br> Class A<br>| 51941 | 2618017 |
|  | Yara International <br> ASA<br>| 137167 | 4997281 |
|  | Zalaris ASA | 15804 | 143775 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
| \* | Zaptec ASA | 39092 | $114095 |
| TOTAL NORWAY | TOTAL NORWAY |  | 258230003 |
| PORTUGAL — (0.4%) | PORTUGAL — (0.4%) | PORTUGAL — (0.4%) | PORTUGAL — (0.4%) |
| # | Altri SGPS SA | 345107 | 1957407 |
|  | Banco Comercial <br> Portugues SA, <br> Class R<br>| 43547651 | 38439586 |
|  | Corticeira Amorim <br> SGPS SA<br>| 113450 | 951801 |
|  | CTT-Correios de <br> Portugal SA<br>| 261986 | 2277858 |
| # | EDP Renovaveis SA | 615036 | 8992250 |
|  | EDP SA (EDP PL) | 3736416 | 18574247 |
|  | EDP SA (EDPFY US), <br> Sponsored ADR<br>| 7202 | 356859 |
|  | Galp Energia SGPS <br> SA<br>| 1755858 | 35277066 |
|  | Ibersol SGPS SA | 28374 | 330368 |
|  | Jeronimo Martins <br> SGPS SA<br>| 360889 | 9294702 |
|  | Mota-Engil SGPS SA | 266220 | 1841539 |
| # | Navigator Co. SA | 900737 | 3118985 |
|  | NOS SGPS SA | 623398 | 2701272 |
|  | REN - Redes <br> Energeticas <br> Nacionais SGPS <br> SA<br>| 1159548 | 4364805 |
|  | Semapa-Sociedade <br> de Investimento e <br> Gestao<br>| 9521 | 198622 |
|  | Sonae SGPS SA | 4568937 | 7443783 |
| TOTAL PORTUGAL | TOTAL PORTUGAL |  | 136121150 |
| SINGAPORE — (1.2%) | SINGAPORE — (1.2%) | SINGAPORE — (1.2%) | SINGAPORE — (1.2%) |
| \*†† | Abterra Ltd. | 189000 | 0 |
| \* | AEM Holdings Ltd. | 928312 | 1351275 |
|  | Aztech Global Ltd. | 768400 | 398693 |
| # | Banyan Tree Holdings <br> Ltd.<br>| 733700 | 354798 |
|  | Bonvests Holdings <br> Ltd.<br>| 51600 | 39122 |
| # | Boustead Singapore <br> Ltd.<br>| 1381542 | 1897096 |
|  | BRC Asia Ltd. | 38300 | 124048 |
|  | Bukit Sembawang <br> Estates Ltd.<br>| 561800 | 1808614 |
|  | Bund Center <br> Investment Ltd.<br>| 316000 | 101985 |
|  | Capitaland India Trust | 2637321 | 2450474 |
|  | CapitaLand <br> Investment Ltd.<br>| 5205500 | 10546549 |
| # | Centurion Corp. Ltd. | 909800 | 990896 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | China Aviation Oil <br> Singapore Corp. <br> Ltd.<br>| 993600 | $1159749 |
|  | China Sunsine <br> Chemical Holdings <br> Ltd.<br>| 3113200 | 1756604 |
|  | City Developments <br> Ltd.<br>| 1440500 | 8001195 |
|  | ComfortDelGro Corp. <br> Ltd.<br>| 4503969 | 5050165 |
| #\* | COSCO Shipping <br> International <br> Singapore Co. Ltd.<br>| 4044100 | 375633 |
| # | CSE Global Ltd. | 1969353 | 1276572 |
|  | DBS Group Holdings <br> Ltd.<br>| 1692847 | 70088102 |
| \* | Del Monte Pacific Ltd. | 197982 | 13542 |
|  | Delfi Ltd. | 977600 | 608253 |
|  | DFI Retail Group <br> Holdings Ltd.<br>| 901100 | 3161538 |
| #\*†† | Ezion Holdings Ltd. | 4315348 | 0 |
| #\*†† | Ezra Holdings Ltd. | 3719565 | 0 |
|  | Far East Orchard Ltd. | 856273 | 815293 |
|  | First Resources Ltd. | 1905200 | 2870138 |
| # | Food Empire Holdings <br> Ltd.<br>| 1029400 | 1865265 |
|  | Fraser & Neave Ltd. | 23700 | 27110 |
|  | Frasers Property Ltd. | 1225300 | 987487 |
| # | Frencken Group Ltd. | 1966100 | 2487981 |
| \* | Fu Yu Corp. Ltd. | 1061200 | 85644 |
| \* | Gallant Venture Ltd. | 2485000 | 143170 |
| # | Genting Singapore <br> Ltd.<br>| 11850300 | 6642669 |
|  | Geo Energy <br> Resources Ltd.<br>| 3320700 | 1235496 |
|  | Golden <br> Agri-Resources <br> Ltd.<br>| 29143369 | 6269541 |
|  | GSH Corp. Ltd. | 52560 | 7834 |
| # | GuocoLand Ltd. | 1008321 | 1680300 |
|  | Haw Par Corp. Ltd. | 388200 | 4413740 |
|  | Ho Bee Land Ltd. | 921500 | 1592405 |
| # | Hong Fok Corp. Ltd. | 1647888 | 974476 |
|  | Hong Leong Asia Ltd. | 2480200 | 4588637 |
|  | Hong Leong Finance <br> Ltd.<br>| 198500 | 397982 |
|  | Hongkong Land <br> Holdings Ltd.<br>| 1653500 | 10103409 |
|  | Hotel Grand Central <br> Ltd.<br>| 183373 | 98579 |
| # | Hour Glass Ltd. | 717000 | 1156636 |
|  | Hutchison Port <br> Holdings Trust<br>| 19048200 | 4001893 |
| #\*†† | Hyflux Ltd. | 2064700 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | iFAST Corp. Ltd. | 522500 | $3886467 |
|  | Indofood Agri <br> Resources Ltd.<br>| 10388800 | 2948700 |
| # | InnoTek Ltd. | 316600 | 170312 |
|  | ISDN Holdings Ltd. | 701906 | 229348 |
|  | Jardine Cycle & <br> Carriage Ltd.<br>| 271697 | 6784158 |
| \*†† | Jurong Technologies <br> Industrial Corp. Ltd.<br>| 213200 | 0 |
|  | Keppel Infrastructure <br> Trust<br>| 8701257 | 3075135 |
|  | Keppel Ltd. | 2450200 | 19161415 |
|  | KSH Holdings Ltd. | 150300 | 46743 |
| # | LHN Ltd. | 536600 | 336290 |
|  | Low Keng Huat <br> Singapore Ltd.<br>| 293000 | 155096 |
|  | Mandarin Oriental <br> International Ltd.<br>| 212300 | 695634 |
| # | Marco Polo Marine <br> Ltd.<br>| 7705400 | 622239 |
| \* | Mermaid Maritime <br> PCL<br>| 500500 | 48102 |
|  | Metro Holdings Ltd. | 1889300 | 783576 |
|  | Mewah International, <br> Inc.<br>| 47900 | 11066 |
| #\*†† | Midas Holdings Ltd. | 4664147 | 0 |
| # | Nanofilm Technologies <br> International Ltd.<br>| 435700 | 232278 |
|  | Netlink NBN Trust | 5355800 | 4031910 |
| \* | Oceanus Group Ltd. | 1015400 | 3874 |
|  | OKP Holdings Ltd. | 187800 | 139669 |
|  | Olam Group Ltd. | 2298575 | 1731989 |
| # | OUE Ltd. | 1124200 | 1105889 |
|  | Oversea-Chinese <br> Banking Corp. Ltd.<br>| 2122568 | 27766156 |
| \* | Oxley Holdings Ltd. | 3196596 | 242670 |
|  | Pan-United Corp. Ltd. | 410700 | 353080 |
|  | Propnex Ltd. | 599800 | 1032457 |
|  | Q&M Dental Group <br> Singapore Ltd.<br>| 995240 | 408851 |
|  | QAF Ltd. | 904165 | 622024 |
|  | Raffles Medical Group <br> Ltd.<br>| 2159263 | 1643022 |
| #\* | Rex International <br> Holding Ltd.<br>| 1883200 | 242084 |
| # | Riverstone Holdings <br> Ltd.<br>| 1664100 | 1150414 |
|  | Samudera Shipping <br> Line Ltd.<br>| 916300 | 682622 |
|  | SATS Ltd. | 1354921 | 3558286 |
|  | SBS Transit Ltd. | 114800 | 281128 |
|  | Seatrium Ltd. | 7464891 | 12453206 |
|  | Sembcorp Industries <br> Ltd.<br>| 2723600 | 13646722 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Sheng Siong Group <br> Ltd.<br>| 2739200 | $4880572 |
|  | SIA Engineering Co. <br> Ltd.<br>| 397400 | 1078041 |
|  | Sing Holdings Ltd. | 425700 | 153748 |
|  | Sing Investments & <br> Finance Ltd.<br>| 21700 | 26662 |
|  | Singapore Airlines <br> Ltd.<br>| 4518300 | 23000480 |
|  | Singapore Exchange <br> Ltd.<br>| 1399400 | 18157987 |
|  | Singapore Land <br> Group Ltd.<br>| 560723 | 1327009 |
| # | Singapore Post Ltd. | 5712616 | 1845536 |
|  | Singapore <br> Technologies <br> Engineering Ltd.<br>| 2257000 | 14704483 |
|  | Singapore <br> Telecommunications <br> Ltd.<br>| 801350 | 2615646 |
| # | Stamford Land Corp. <br> Ltd.<br>| 2241376 | 861333 |
|  | StarHub Ltd. | 1639910 | 1460957 |
|  | Straits Trading Co. <br> Ltd.<br>| 517323 | 667741 |
| \*†† | Swiber Holdings Ltd. | 1301500 | 0 |
|  | Tai Sin Electric Ltd. | 48100 | 24020 |
| #\* | Thomson Medical <br> Group Ltd.<br>| 5705000 | 258312 |
|  | Tiong Woon Corp. <br> Holding Ltd.<br>| 199750 | 124354 |
| # | Tuan Sing Holdings <br> Ltd.<br>| 3115017 | 826643 |
|  | UMS Integration Ltd. | 2202908 | 2501729 |
|  | United Overseas Bank <br> Ltd.<br>| 1510989 | 40188457 |
|  | United Overseas <br> Insurance Ltd.<br>| 1900 | 11402 |
|  | UOB-Kay Hian <br> Holdings Ltd.<br>| 1547637 | 2909529 |
|  | UOL Group Ltd. | 1502388 | 9178405 |
|  | Valuetronics Holdings <br> Ltd.<br>| 2445960 | 1605836 |
|  | Venture Corp. Ltd. | 799700 | 9151600 |
|  | Vicom Ltd. | 49400 | 60327 |
| # | Wee Hur Holdings <br> Ltd.<br>| 2304800 | 1279610 |
|  | Wilmar International <br> Ltd.<br>| 1836400 | 4413066 |
|  | Wing Tai Holdings <br> Ltd.<br>| 2014624 | 2214405 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Yangzijiang <br> Shipbuilding <br> Holdings Ltd.<br>| 7940900 | $21446433 |
|  | Yeo Hiap Seng Ltd. | 64554 | 30044 |
| TOTAL SINGAPORE | TOTAL SINGAPORE |  | 441287567 |
| SOUTH AFRICA — (0.0%) | SOUTH AFRICA — (0.0%) | SOUTH AFRICA — (0.0%) | SOUTH AFRICA — (0.0%) |
|  | Valterra Platinum Ltd. | 46830 | 2862534 |
| SPAIN — (3.0%) | SPAIN — (3.0%) | SPAIN — (3.0%) | SPAIN — (3.0%) |
|  | Acciona SA | 88474 | 19583013 |
|  | Acerinox SA | 738861 | 9514947 |
|  | ACS Actividades de <br> Construccion y <br> Servicios SA<br>| 798264 | 65545166 |
| \*†† | Adveo Group <br> International SA<br>| 60568 | 0 |
| Ω | Aedas Homes SA | 31850 | 781704 |
| Ω | Aena SME SA | 897990 | 24390457 |
|  | Alantra Partners SA | 4656 | 46484 |
|  | Almirall SA | 193034 | 2778244 |
|  | Amadeus IT Group <br> SA<br>| 603233 | 46111549 |
| #\* | Amper SA | 3249774 | 542474 |
|  | Atresmedia Corp. de <br> Medios de <br> Comunicacion SA<br>| 242445 | 1467411 |
|  | Audax Renovables <br> SA<br>| 75792 | 120635 |
|  | Azkoyen SA | 55415 | 563448 |
|  | Banco Bilbao Vizcaya <br> Argentaria SA <br> (BBVA SM)<br>| 6497154 | 130892140 |
|  | Banco Bilbao Vizcaya <br> Argentaria SA <br> (BBVA US), <br> Sponsored ADR<br>| 1921501 | 38679815 |
|  | Banco de Sabadell <br> SA<br>| 20339535 | 76250786 |
|  | Banco Santander SA <br> (SAN SM)<br>| 11550342 | 117700135 |
| # | Banco Santander SA <br> (SAN US), <br> Sponsored ADR<br>| 93721 | 951268 |
| # | Bankinter SA | 3101692 | 46755635 |
|  | CaixaBank SA | 6073288 | 64193108 |
| Ω | Cellnex Telecom SA | 343195 | 10684256 |
| # | CIE Automotive SA | 228491 | 7662884 |
|  | Construcciones y <br> Auxiliar de <br> Ferrocarriles SA<br>| 85510 | 5399281 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
|  | Corp. ACCIONA <br> Energias <br> Renovables SA<br>| 106981 | $2943131 |
| \* | Distribuidora <br> Internacional de <br> Alimentacion SA<br>| 39100 | 1288970 |
|  | Ebro Foods SA | 177872 | 3625273 |
| \* | eDreams ODIGEO <br> SA<br>| 119588 | 1000880 |
|  | Elecnor SA | 103773 | 3385200 |
| # | Enagas SA | 457251 | 7256372 |
| # | Ence Energia y <br> Celulosa SA<br>| 475928 | 1453537 |
|  | Endesa SA | 621334 | 22274829 |
| \* | Ercros SA | 552483 | 2038868 |
|  | Faes Farma SA | 1086181 | 5590642 |
|  | Ferrovial SE | 336585 | 20654315 |
|  | Fluidra SA | 175390 | 5076559 |
| Ω | Gestamp Automocion <br> SA<br>| 479167 | 1854079 |
| Ω | Global Dominion <br> Access SA<br>| 275018 | 1007794 |
|  | Grifols SA | 832305 | 10784911 |
|  | Grupo Catalana <br> Occidente SA<br>| 140839 | 8035904 |
|  | Grupo Empresarial <br> San Jose SA<br>| 73112 | 591714 |
|  | Iberdrola SA | 1772937 | 35930758 |
|  | Iberpapel Gestion SA <br> (IBG SM)<br>| 8436 | 193585 |
| # | Indra Sistemas SA | 469803 | 25988299 |
| # | Industria de Diseno <br> Textil SA<br>| 873477 | 48233736 |
|  | Laboratorios <br> Farmaceuticos Rovi <br> SA<br>| 96819 | 6826239 |
|  | Linea Directa <br> Aseguradora SA <br> Cia de Seguros y <br> Reaseguros<br>| 666372 | 883157 |
|  | Logista Integral SA | 315807 | 10524965 |
|  | Mapfre SA | 3959364 | 17485882 |
|  | Melia Hotels <br> International SA<br>| 329688 | 2728198 |
|  | Miquel y Costas & <br> Miquel SA<br>| 136441 | 2090938 |
|  | Naturgy Energy Group <br> SA<br>| 309309 | 9368569 |
| Ω | Neinor Homes SA | 89940 | 1788374 |
| \* | Nueva Expresion <br> Textil SA<br>| 134765 | 116733 |
| \* | Obrascon Huarte Lain <br> SA<br>| 2236007 | 1172731 |
| #\* | Oryzon Genomics SA | 17553 | 71608 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
|  | Pharma Mar SA | 11766 | $994790 |
|  | Prim SA | 7030 | 112190 |
| \* | Promotora de <br> Informaciones SA, <br> Class A<br>| 715854 | 313519 |
| Ω | Prosegur Cash SA | 530415 | 434020 |
|  | Prosegur Cia de <br> Seguridad SA<br>| 6890 | 22494 |
|  | Realia Business SA | 620075 | 740375 |
|  | Redeia Corp. SA | 716816 | 12904024 |
|  | Repsol SA (REP SM) | 3125645 | 57353564 |
|  | Repsol SA (REPYY <br> US), Sponsored <br> ADR<br>| 74825 | 1370802 |
|  | Sacyr SA | 1721676 | 7573661 |
| \* | Solaria Energia y <br> Medio Ambiente <br> SA<br>| 201922 | 3491818 |
| #\*†† | Soltec Power Holdings <br> SA<br>| 5663 | 1958 |
| #\*Ω | Talgo SA | 74105 | 228214 |
| \* | Tecnicas Reunidas <br> SA<br>| 152091 | 5443630 |
| # | Telefonica SA (TEF <br> SM)<br>| 10789729 | 54716579 |
|  | Telefonica SA (TEF <br> US), Sponsored <br> ADR<br>| 62356 | 314898 |
| # | Tubacex SA | 447833 | 1705921 |
| \* | Tubos Reunidos SA | 28836 | 15207 |
| Ω | Unicaja Banco SA | 3920205 | 10583816 |
|  | Vidrala SA | 76793 | 7314996 |
|  | Viscofan SA | 178759 | 11109519 |
| TOTAL SPAIN | TOTAL SPAIN |  | 1109627585 |
| SWEDEN — (2.7%) | SWEDEN — (2.7%) | SWEDEN — (2.7%) | SWEDEN — (2.7%) |
|  | AAK AB | 166713 | 4661737 |
| Ω | AcadeMedia AB | 418389 | 4620303 |
|  | AddLife AB, Class B | 236731 | 5114246 |
|  | Addnode Group AB | 335208 | 3901181 |
|  | AddTech AB, Class B | 358034 | 12062411 |
|  | AFRY AB | 296462 | 5085831 |
|  | Alfa Laval AB | 191992 | 9124933 |
| Ω | Alimak Group AB | 159620 | 2358109 |
|  | Alleima AB | 727592 | 6283670 |
|  | Alligo AB, Class B | 110109 | 1373855 |
| Ω | Ambea AB | 388311 | 5235619 |
| \* | Annehem Fastigheter <br> AB, Class B<br>| 311775 | 612704 |
|  | AQ Group AB | 156164 | 3218288 |
|  | Arise AB | 118277 | 373386 |
|  | Arjo AB, Class B | 613643 | 1947248 |
| \* | Asmodee Group AB, <br> Class B<br>| 233685 | 3011478 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Assa Abloy AB, <br> Class B<br>| 349304 | $13163367 |
| # | Atlas Copco AB <br> (ATCOA SS), <br> Class A<br>| 2042559 | 34225228 |
|  | Atlas Copco AB <br> (ATCOB SS), <br> Class B<br>| 1164748 | 17423652 |
|  | Atrium Ljungberg AB, <br> Class B<br>| 577670 | 2079495 |
| Ω | Attendo AB | 445127 | 3776736 |
|  | Avanza Bank Holding <br> AB<br>| 334394 | 12852286 |
| # | Axfood AB | 223360 | 6086367 |
|  | Beijer Alma AB | 148925 | 4546060 |
| # | Beijer Ref AB | 210000 | 3318432 |
| # | Bergman & Beving <br> AB<br>| 131120 | 4628287 |
|  | Betsson AB, Class B | 689732 | 10749199 |
| #\* | Better Collective AS | 100558 | 1233761 |
| \* | BHG Group AB | 348948 | 1053152 |
| \* | BICO Group AB | 16963 | 38189 |
|  | Bilia AB, Class A | 368992 | 5166003 |
|  | Billerud Aktiebolag | 835353 | 7729872 |
| \*Ω | BioArctic AB | 11986 | 369916 |
|  | BioGaia AB, Class B | 216656 | 2288687 |
|  | Bjorn Borg AB | 94604 | 635940 |
| \* | Boliden AB | 530095 | 23770764 |
| \* | Bonava AB, Class B | 1118515 | 1305800 |
| \*Ω | BoneSupport Holding <br> AB<br>| 5101 | 118540 |
| #\*Ω | Boozt AB | 31308 | 338463 |
| Ω | Bravida Holding AB | 311457 | 2632525 |
|  | BTS Group AB, <br> Class B<br>| 400 | 7954 |
|  | Bufab AB | 552281 | 6070047 |
|  | Bulten AB | 71322 | 365860 |
|  | Bure Equity AB | 287877 | 8431145 |
|  | Byggmax Group AB | 222708 | 1132892 |
| #\* | Camurus AB | 46160 | 3036609 |
| \* | Carasent AB | 34139 | 102091 |
| # | Castellum AB | 439266 | 4995431 |
|  | Catella AB | 107213 | 350209 |
| # | Catena AB | 62150 | 3011256 |
| \* | Cavotec Group AB | 3925 | 6316 |
|  | Cellavision AB | 24828 | 470532 |
| # | Cibus Nordic Real <br> Estate AB publ<br>| 164613 | 2853053 |
| \* | Cint Group AB | 882326 | 335118 |
|  | Clas Ohlson AB, <br> Class B<br>| 233515 | 8515998 |
|  | Cloetta AB, Class B | 1079119 | 4018720 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
| #Ω | Coor Service <br> Management <br> Holding AB<br>| 352900 | $1732896 |
| # | Corem Property <br> Group AB (COREB <br> SS), Class B<br>| 943342 | 383633 |
|  | Corem Property <br> Group AB (CORED <br> SS), Class D<br>| 6348 | 160100 |
|  | CTT Systems AB | 10437 | 207599 |
|  | Dios Fastigheter AB | 285540 | 1945968 |
| Ω | Dometic Group AB | 1088966 | 5322876 |
| # | Duni AB | 10204 | 113736 |
| \*Ω | Dustin Group AB | 3088422 | 667430 |
| \* | Dynavox Group AB | 146826 | 1510672 |
|  | Eastnine AB | 379021 | 1995728 |
|  | Elanders AB, Class B | 19079 | 127136 |
| \* | Electrolux AB, <br> Class B<br>| 557446 | 3597045 |
|  | Electrolux <br> Professional AB, <br> Class B<br>| 683690 | 4748536 |
|  | Elekta AB, Class B | 959447 | 4876689 |
| \* | Embracer Group AB | 312484 | 3256611 |
| \* | Enad Global 7 AB | 20334 | 36376 |
| \* | Enea AB | 45433 | 332717 |
| # | Engcon AB | 66688 | 577239 |
| # | Eolus AB, Class B | 5761 | 26465 |
|  | Ependion AB | 18222 | 235261 |
| # | Epiroc AB (EPIA SS), <br> Class A<br>| 489587 | 10323405 |
|  | Epiroc AB (EPIB SS), <br> Class B<br>| 292831 | 5464978 |
| # | EQT AB | 38171 | 1319097 |
|  | Essity AB (ESSITYA <br> SS), Class A<br>| 28265 | 776916 |
|  | Essity AB (ESSITYB <br> SS), Class B<br>| 645520 | 17730902 |
| Ω | Evolution AB | 89986 | 5995544 |
|  | Ework Group AB | 34374 | 344567 |
| # | Fabege AB | 264992 | 2335136 |
|  | Fagerhult Group AB | 166053 | 806983 |
| #\* | Fastighets AB Balder, <br> Class B<br>| 678942 | 4979950 |
| \* | Fastighets AB Trianon | 28485 | 60656 |
| \* | Fastighetsbolaget <br> Emilshus AB, <br> Class B<br>| 9174 | 56345 |
| # | FastPartner AB <br> (FPARA SS), <br> Class A<br>| 85424 | 451701 |
|  | FastPartner AB <br> (FPARD SS), <br> Class D<br>| 8495 | 67832 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Fenix Outdoor <br> International AG<br>| 9035 | $498447 |
| \* | Ferronordic AB | 447 | 2073 |
|  | G5 Entertainment AB | 19576 | 193869 |
|  | Getinge AB, Class B | 546478 | 12801638 |
|  | Granges AB | 538929 | 7886065 |
| \*Ω | Green Landscaping <br> Group AB<br>| 9902 | 48695 |
| \* | Gruvaktiebolaget <br> Viscaria<br>| 21421 | 43111 |
| # | H & M Hennes & <br> Mauritz AB, <br> Class B<br>| 520939 | 9838515 |
|  | Hanza AB | 97222 | 1342022 |
|  | Heba Fastighets AB, <br> Class B<br>| 111370 | 383198 |
|  | Hemnet Group AB | 168786 | 3683873 |
|  | Hexagon AB, Class B | 747009 | 9105755 |
| #\* | Hexatronic Group AB | 448144 | 1019935 |
|  | Hexpol AB | 603746 | 5489392 |
| \* | HMS Networks AB | 100558 | 5581842 |
| Ω | Hoist Finance AB | 252896 | 2635447 |
| # | Holmen AB (HOLMB <br> SS), Class B<br>| 155781 | 5886337 |
|  | Hufvudstaden AB, <br> Class A<br>| 156396 | 2078687 |
|  | Humana AB | 161652 | 823349 |
|  | Husqvarna AB <br> (HUSQA SS), <br> Class A<br>| 51740 | 245809 |
| # | Husqvarna AB <br> (HUSQB SS), <br> Class B<br>| 720493 | 3411568 |
|  | Indutrade AB | 370294 | 9898796 |
|  | Instalco AB | 588472 | 1491137 |
| \* | International <br> Petroleum Corp. <br> (IPCO CN)<br>| 23432 | 372225 |
| #\* | International <br> Petroleum Corp. <br> (IPCO SS)<br>| 414659 | 6453081 |
|  | INVISIO AB | 70194 | 2231999 |
|  | Inwido AB | 373195 | 5610287 |
|  | JM AB | 184937 | 2632950 |
| \* | John Mattson <br> Fastighetsforetagen <br> AB<br>| 47979 | 336220 |
|  | Kabe Group AB, <br> Class B<br>| 145 | 3478 |
| \* | Karnell Group AB | 9538 | 65131 |
| \* | Karnov Group AB | 155881 | 1839336 |
| #\* | K-fast Holding AB | 143336 | 220241 |
| \* | Klarabo Sverige AB, <br> Class B<br>| 26335 | 43175 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | KNOW IT AB | 66169 | $844588 |
|  | Lagercrantz Group <br> AB, Class B<br>| 631476 | 15448894 |
|  | Lifco AB, Class B | 132131 | 5101499 |
|  | Lime Technologies <br> AB<br>| 25249 | 949433 |
| # | Lindab International <br> AB<br>| 315548 | 7548645 |
|  | Loomis AB | 367201 | 14792850 |
| \* | Medcap AB | 23770 | 1522197 |
|  | Medicover AB, <br> Class B<br>| 160817 | 4372062 |
|  | MEKO AB | 120556 | 975165 |
| # | Micro Systemation AB, <br> Class B<br>| 45756 | 342823 |
|  | MIPS AB | 12716 | 455305 |
| \* | Modern Times Group <br> MTG AB, Class B<br>| 281101 | 3778682 |
|  | Momentum Group AB | 131277 | 2248327 |
| Ω | Munters Group AB | 264149 | 4470611 |
|  | Mycronic AB | 373628 | 8764857 |
| \* | NCAB Group AB | 433004 | 2661515 |
| # | NCC AB, Class B | 417058 | 9507207 |
|  | Nederman Holding <br> AB<br>| 21329 | 361843 |
|  | Nelly Group AB | 24596 | 243602 |
| \* | Neobo Fastigheter AB | 188581 | 379014 |
| \* | Net Insight AB, <br> Class B<br>| 808180 | 323586 |
|  | New Wave Group AB, <br> Class B<br>| 471376 | 5555473 |
| # | Nibe Industrier AB, <br> Class B<br>| 1012783 | 3941045 |
|  | Nivika Fastigheter AB, <br> Class B<br>| 47561 | 205966 |
| \* | Nobia AB | 1526933 | 718177 |
|  | Nolato AB, Class B | 813243 | 5381914 |
|  | Nordnet AB publ | 273288 | 7891268 |
| \* | Norion Bank AB | 260502 | 1940932 |
|  | Note AB | 11284 | 224041 |
| # | NP3 Fastigheter AB | 60517 | 1647413 |
|  | Nyfosa AB | 465491 | 3959650 |
|  | OEM International AB, <br> Class B<br>| 251127 | 4084297 |
| #\* | Orron Energy AB | 483124 | 222404 |
| \* | Ovzon AB | 115382 | 394615 |
| # | Pandox AB | 272593 | 5438674 |
|  | Peab AB, Class B | 849010 | 6871111 |
|  | Platzer Fastigheter <br> Holding AB, <br> Class B<br>| 88025 | 675745 |
|  | Prevas AB, Class B | 8256 | 66553 |
| \* | Pricer AB, Class B | 497346 | 235364 |
|  | Proact IT Group AB | 132829 | 1442396 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Ratos AB, Class B | 789816 | $3195206 |
|  | RaySearch <br> Laboratories AB<br>| 141759 | 3327466 |
|  | Rejlers AB | 14663 | 306723 |
| #\* | Rottneros AB | 658016 | 188551 |
|  | Rusta AB | 45496 | 300591 |
| # | Rvrc Holding AB | 230593 | 1577077 |
| # | Saab AB, Class B | 64958 | 3574407 |
|  | Sagax AB (SAGAA <br> SS), Class A<br>| 758 | 17259 |
| # | Sagax AB (SAGAB <br> SS), Class B<br>| 157890 | 3543160 |
| \* | Samhallsbyggnadsbolaget <br> i Norden AB<br>| 2384355 | 1308973 |
| \* | Samhallsbyggnadsbolaget <br> i Norden AB, <br> Class D<br>| 100907 | 104135 |
|  | Sandvik AB | 916907 | 27726782 |
|  | Scandi Standard AB | 247184 | 2559942 |
| Ω | Scandic Hotels Group <br> AB<br>| 724329 | 7040453 |
| \* | Sdiptech AB, Class B | 76173 | 1516488 |
|  | Sectra AB, Class B | 303136 | 9616128 |
| # | Securitas AB, Class B | 846191 | 12465116 |
| \* | Sedana Medical AB | 108158 | 118614 |
| \* | Sensys Gatso Group <br> AB<br>| 9797 | 39036 |
| \* | Senzime AB | 174087 | 108143 |
| \*Ω | Sinch AB | 2497509 | 9043878 |
|  | SinterCast AB | 725 | 8345 |
| \* | Sivers <br> Semiconductors AB<br>| 560818 | 222193 |
|  | Skandinaviska <br> Enskilda Banken AB <br> (SEBA SS), <br> Class A<br>| 1517986 | 28977708 |
|  | Skandinaviska <br> Enskilda Banken AB <br> (SEBC SS), <br> Class C<br>| 14509 | 282496 |
|  | Skanska AB, Class B | 581598 | 15838081 |
|  | SKF AB (SKFA SS), <br> Class A<br>| 44341 | 1156290 |
|  | SKF AB (SKFB SS), <br> Class B<br>| 557621 | 14292955 |
|  | SkiStar AB | 206381 | 3446169 |
|  | Softronic AB, Class B | 74267 | 177042 |
|  | Solid Forsakring AB | 58918 | 479237 |
|  | SSAB AB (SSABA <br> SS), Class A<br>| 408509 | 2584046 |
|  | SSAB AB (SSABAH <br> FH), Class A<br>| 89315 | 557235 |
|  | SSAB AB (SSABB <br> SS), Class B<br>| 936891 | 5801129 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | SSAB AB (SSABBH <br> FH), Class B<br>| 505629 | $3139122 |
| #\* | Stendorren <br> Fastigheter AB<br>| 26370 | 546630 |
|  | Stenhus Fastigheter I <br> Norden AB<br>| 85253 | 95832 |
| \* | Stillfront Group AB | 1327838 | 900871 |
|  | Storskogen Group AB, <br> Class B<br>| 2485578 | 2568239 |
|  | Svenska Cellulosa AB <br> SCA (SCAA SS), <br> Class A<br>| 36564 | 489624 |
|  | Svenska Cellulosa AB <br> SCA (SCAB SS), <br> Class B<br>| 762362 | 10154769 |
|  | Svenska <br> Handelsbanken AB <br> (SHBA SS), <br> Class A<br>| 1037400 | 13537373 |
| # | Svenska <br> Handelsbanken AB <br> (SHBB SS), <br> Class B<br>| 28441 | 622868 |
|  | Sweco AB, Class B | 426371 | 7682566 |
|  | Swedbank AB, <br> Class A<br>| 692195 | 21015580 |
| \* | Swedish Logistic <br> Property AB, <br> Class B<br>| 69837 | 307194 |
| \* | Swedish Orphan <br> Biovitrum AB<br>| 182852 | 6299846 |
|  | Synsam AB | 241404 | 1527548 |
| # | Systemair AB | 226796 | 1864550 |
| # | Tele2 AB, Class B | 1097324 | 17431943 |
|  | Telefonaktiebolaget <br> LM Ericsson <br> (ERICA SS), <br> Class A<br>| 49150 | 499425 |
|  | Telefonaktiebolaget <br> LM Ericsson <br> (ERICB SS), <br> Class B<br>| 4222272 | 42838583 |
|  | Telia Co. AB | 5401056 | 21262166 |
|  | TF Bank AB | 73523 | 1433248 |
| #Ω | Thule Group AB | 149348 | 3826355 |
| #\* | Tobii AB | 236709 | 43723 |
|  | Trelleborg AB, <br> Class B<br>| 288337 | 12032942 |
|  | Troax Group AB | 98981 | 1500356 |
|  | Truecaller AB, <br> Class B<br>| 1060264 | 3160427 |
|  | VBG Group AB, <br> Class B<br>| 47726 | 1815021 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
| \* | Vestum AB | 11637 | $10648 |
| \* | Viaplay Group AB | 170328 | 17928 |
| #\* | Vimian Group AB | 41416 | 130851 |
|  | Vitec Software Group <br> AB, Class B<br>| 79319 | 2768316 |
| # | Vitrolife AB | 194187 | 2997061 |
|  | Volati AB | 60849 | 686251 |
|  | Volvo AB (VOLVA SS), <br> Class A<br>| 313529 | 8567910 |
| # | Volvo AB (VOLVB <br> SS), Class B<br>| 2244131 | 61478074 |
| #\* | Volvo Car AB, <br> Class B<br>| 749306 | 2596460 |
| # | Wallenstam AB, <br> Class B<br>| 551705 | 2552808 |
| # | Wihlborgs Fastigheter <br> AB<br>| 637411 | 6194033 |
|  | XANO Industri AB, <br> Class B<br>| 19406 | 127337 |
| #\* | Xbrane Biopharma <br> AB<br>| 21911 | 24687 |
| TOTAL SWEDEN | TOTAL SWEDEN |  | 1021225321 |
| SWITZERLAND — (7.2%) | SWITZERLAND — (7.2%) | SWITZERLAND — (7.2%) | SWITZERLAND — (7.2%) |
|  | ABB Ltd. | 1085279 | 80687798 |
|  | Accelleron Industries <br> AG (ACLN SW)<br>| 362880 | 29745574 |
|  | Adecco Group AG | 537663 | 14991320 |
| # | Alcon AG | 742255 | 55109640 |
|  | Allreal Holding AG | 86380 | 20645569 |
|  | ALSO Holding AG | 30812 | 8853260 |
| \* | Amrize Ltd. | 906541 | 46909786 |
| \* | ams-OSRAM AG | 304987 | 4220249 |
|  | APG SGA SA | 3490 | 919613 |
|  | Arbonia AG | 214323 | 1355248 |
| \* | Aryzta AG | 76337 | 4894521 |
|  | Ascom Holding AG | 114173 | 507924 |
|  | Autoneum Holding <br> AG<br>| 14565 | 2897434 |
|  | Avolta AG | 377470 | 19897958 |
|  | Baloise Holding AG | 199991 | 49665969 |
|  | Banque Cantonale de <br> Geneve<br>| 50950 | 1579468 |
| # | Banque Cantonale <br> Vaudoise<br>| 148708 | 17265979 |
| # | Barry Callebaut AG | 6865 | 8924774 |
| \* | Basilea <br> Pharmaceutica Ag <br> Allschwil<br>| 16547 | 958375 |
|  | Belimo Holding AG | 17355 | 18725073 |
|  | Bell Food Group AG | 9174 | 2632229 |
|  | Bellevue Group AG | 24386 | 261055 |
|  | Berner Kantonalbank <br> AG<br>| 13673 | 4454317 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | BKW AG | 51778 | $11588302 |
|  | Bossard Holding AG, <br> Class A<br>| 34927 | 7589782 |
|  | Bucher Industries AG | 37549 | 16661422 |
|  | Burckhardt <br> Compression <br> Holding AG<br>| 12130 | 8389666 |
|  | Burkhalter Holding <br> AG<br>| 20144 | 3577258 |
|  | Bystronic AG | 4980 | 1850924 |
| # | Calida Holding AG | 1925 | 32559 |
| \* | Carlo Gavazzi Holding <br> AG<br>| 1409 | 279455 |
|  | Cembra Money Bank <br> AG<br>| 141182 | 16144586 |
|  | Cham Swiss <br> Properties AG<br>| 7519 | 218691 |
|  | Chocoladefabriken <br> Lindt & Spruengli <br> AG<br>| 98 | 15012162 |
| \* | Cicor Technologies <br> Ltd.<br>| 10061 | 2766850 |
|  | Cie Financiere <br> Richemont SA, <br> Class A<br>| 366231 | 72442533 |
|  | Cie Financiere <br> Tradition SA<br>| 6037 | 2285972 |
| # | Clariant AG | 659052 | 5909125 |
|  | Coltene Holding AG | 8478 | 477796 |
|  | COSMO <br> Pharmaceuticals <br> NV<br>| 16383 | 1378787 |
|  | CPH Group AG | 211 | 18373 |
|  | Daetwyler Holding AG | 21591 | 3981396 |
|  | DKSH Holding AG | 109081 | 7606830 |
| #\* | DocMorris AG | 11876 | 81755 |
|  | dormakaba Holding <br> AG<br>| 139580 | 11922468 |
|  | DSM-Firmenich AG | 158513 | 12920221 |
|  | EFG International AG | 562030 | 11719950 |
|  | Emmi AG | 9210 | 8183695 |
| # | EMS-Chemie Holding <br> AG<br>| 4284 | 2934240 |
| #\* | Feintool International <br> Holding AG<br>| 25285 | 298679 |
|  | Flughafen Zurich AG | 106450 | 31443807 |
|  | Forbo Holding AG | 2949 | 2709568 |
|  | Fundamenta Real <br> Estate AG<br>| 4346 | 93201 |
|  | Galderma Group AG | 62283 | 11566701 |
| Ω | Galenica AG | 236556 | 25494022 |
|  | Geberit AG | 72553 | 53037969 |
| # | Georg Fischer AG | 374190 | 26421322 |
| # | Givaudan SA | 4713 | 19307496 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
| #\* | Gurit Holding AG, <br> Class BR<br>| 13895 | $180848 |
|  | Helvetia Holding AG | 205277 | 50442454 |
|  | Hiag Immobilien <br> Holding AG<br>| 6354 | 873908 |
|  | Holcim AG (HOLN <br> SW)<br>| 798920 | 71024953 |
|  | Huber & Suhner AG | 84965 | 15561052 |
|  | Implenia AG | 51747 | 4106135 |
|  | Inficon Holding AG | 79750 | 9567483 |
|  | Interroll Holding AG | 2119 | 6539034 |
|  | Intershop Holding AG | 18712 | 3667958 |
|  | Investis Holding SA | 6553 | 1070924 |
|  | Julius Baer Group <br> Ltd.<br>| 490026 | 33080928 |
|  | Jungfraubahn Holding <br> AG<br>| 11063 | 3252194 |
|  | Kardex Holding AG | 21021 | 7906859 |
| \* | Komax Holding AG | 11762 | 969186 |
| #\* | Kudelski SA | 171927 | 276250 |
|  | Kuehne & Nagel <br> International AG<br>| 76515 | 14679142 |
|  | Landis & Gyr Group <br> AG<br>| 101985 | 7388274 |
|  | Lastminute.com NV | 1215 | 19669 |
| \* | LEM Holding SA | 2269 | 1288576 |
|  | Liechtensteinische <br> Landesbank AG<br>| 46137 | 4538902 |
| # | Logitech International <br> SA (LOGI US)<br>| 46827 | 5645463 |
|  | Logitech International <br> SA (LOGN SW)<br>| 123141 | 14803826 |
|  | Lonza Group AG | 75578 | 52188988 |
|  | Luzerner <br> Kantonalbank AG<br>| 55160 | 5611266 |
| Ω | Medacta Group SA | 16693 | 3092927 |
| Ω | Medmix AG | 75492 | 867142 |
|  | Meier Tobler Group <br> AG<br>| 19650 | 964368 |
| # | Metall Zug AG, <br> Class B<br>| 773 | 714278 |
|  | Mikron Holding AG | 51620 | 1372701 |
|  | Mobilezone Holding <br> AG<br>| 167487 | 2503202 |
|  | Mobimo Holding AG | 43511 | 18443528 |
| \*Ω | Montana Aerospace <br> AG<br>| 7559 | 299691 |
|  | Naturenergie Holding <br> AG<br>| 17550 | 723779 |
|  | Nestle SA | 1887647 | 180361728 |
|  | Novartis AG (NOVN <br> SW)<br>| 119002 | 14727885 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Novartis AG (NVS <br> US), Sponsored <br> ADR<br>| 2182200 | $270134538 |
| # | Novavest Real Estate <br> AG<br>| 1797 | 88964 |
|  | OC Oerlikon Corp. AG <br> Pfaffikon<br>| 570789 | 2041135 |
|  | Orell Fuessli AG | 391 | 55154 |
| #\* | Orior AG | 20964 | 354052 |
|  | Partners Group <br> Holding AG<br>| 40872 | 50052533 |
| \* | Peach Property Group <br> AG<br>| 2672 | 20464 |
|  | Phoenix Mecano AG | 1761 | 959844 |
|  | Plazza AG, Class A | 2787 | 1380782 |
| \*Ω | PolyPeptide Group <br> AG<br>| 487 | 15772 |
|  | PSP Swiss Property <br> AG<br>| 143815 | 24874768 |
|  | Rieter Holding AG | 222872 | 951792 |
|  | Roche Holding AG <br> (RO SW)<br>| 29069 | 9862050 |
|  | Roche Holding AG <br> (ROG SW)<br>| 607318 | 196722551 |
|  | Romande Energie <br> Holding SA<br>| 15686 | 843654 |
|  | Sandoz Group AG <br> (SDZ SW)<br>| 849331 | 56630637 |
|  | Sandoz Group AG <br> (SDZNY US), ADR<br>| 324425 | 21584009 |
| #\* | Santhera <br> Pharmaceuticals <br> Holding AG<br>| 6025 | 76636 |
|  | Schindler Holding AG | 29498 | 9971500 |
|  | Schweiter <br> Technologies AG<br>| 3062 | 1057496 |
| \*Ω | Sensirion Holding AG | 1197 | 85778 |
|  | SFS Group AG | 83309 | 11298105 |
|  | SGS SA | 342017 | 38569185 |
|  | Siegfried Holding AG | 219180 | 21142033 |
| # | SIG Group AG | 934140 | 10444383 |
|  | Sika AG | 109912 | 21541402 |
|  | SKAN Group AG | 11004 | 718939 |
| \* | Softwareone Holding <br> AG<br>| 318390 | 3256685 |
|  | Sonova Holding AG | 67226 | 18337246 |
|  | St. Galler <br> Kantonalbank AG<br>| 11578 | 7344138 |
| # | Stadler Rail AG | 96927 | 2376799 |
|  | StarragTornos Group <br> AG<br>| 2262 | 88529 |
| # | Straumann Holding <br> AG<br>| 67656 | 8504476 |
|  | Sulzer AG | 108989 | 18214776 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Sunrise <br> Communications <br> AG, Class A<br>| 24480 | $1341802 |
| # | Swatch Group AG <br> (UHR SW)<br>| 77185 | 16130626 |
| # | Swatch Group AG <br> (UHRN SW)<br>| 131068 | 5557392 |
| # | Swiss Life Holding <br> AG<br>| 51237 | 55615307 |
|  | Swiss Prime Site AG | 374950 | 53296479 |
|  | Swiss Re AG | 526787 | 96192326 |
| # | Swisscom AG | 72468 | 53084455 |
|  | Swissquote Group <br> Holding SA<br>| 55101 | 35008004 |
|  | Tecan Group AG | 986 | 180057 |
|  | Temenos AG | 155288 | 14661998 |
|  | Thurgauer <br> Kantonalbank<br>| 1440 | 279173 |
|  | TX Group AG | 12244 | 3092354 |
| \* | u-blox Holding AG | 22965 | 3841055 |
| \* | UBS Group AG (UBS <br> US)<br>| 757484 | 29057106 |
|  | UBS Group AG <br> (UBSG SW)<br>| 1737119 | 66471408 |
|  | Valiant Holding AG | 84566 | 13918956 |
| # | Varia U.S. Properties <br> AG<br>| 3801 | 91794 |
| #Ω | VAT Group AG | 26380 | 11528504 |
|  | Vaudoise Assurances <br> Holding SA<br>| 4301 | 3303120 |
|  | Vetropack Holding AG | 41443 | 1105379 |
|  | Vontobel Holding AG | 153475 | 11637874 |
|  | VP Bank AG, Class A | 12829 | 1286888 |
|  | VZ Holding AG | 43161 | 8431415 |
| # | V-ZUG Holding AG | 7177 | 369967 |
|  | Walliser <br> Kantonalbank<br>| 3138 | 503387 |
|  | Warteck Invest AG | 347 | 836962 |
|  | Ypsomed Holding AG | 9812 | 3852639 |
|  | Zehnder Group AG | 47747 | 4207315 |
|  | Zug Estates Holding <br> AG, Class B<br>| 466 | 1239040 |
|  | Zuger Kantonalbank | 230 | 2508914 |
|  | Zurich Insurance <br> Group AG<br>| 107485 | 74752703 |
| TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 2714191401 |
| UNITED KINGDOM — (11.3%) | UNITED KINGDOM — (11.3%) | UNITED KINGDOM — (11.3%) | UNITED KINGDOM — (11.3%) |
|  | 3i Group PLC | 1001955 | 57983724 |
|  | 4imprint Group PLC | 79643 | 3487782 |
|  | Aberdeen Group PLC | 5672132 | 15127768 |
| \* | Accesso Technology <br> Group PLC<br>| 9570 | 44593 |
|  | Admiral Group PLC | 519933 | 22386859 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Advanced Medical <br> Solutions Group <br> PLC<br>| 160830 | $454389 |
| \* | Afentra PLC | 84066 | 50259 |
|  | AG Barr PLC | 294964 | 2592644 |
| Ω | Airtel Africa PLC | 3878871 | 14106195 |
|  | AJ Bell PLC | 1165932 | 8231231 |
| Ω | Alfa Financial <br> Software Holdings <br> PLC<br>| 416528 | 1240745 |
|  | Anglo American PLC | 1170502 | 44283156 |
|  | Anglo-Eastern <br> Plantations PLC<br>| 47780 | 878913 |
|  | Antofagasta PLC | 262634 | 9639288 |
| \* | AO World PLC | 430320 | 601803 |
|  | Ashmore Group PLC | 857214 | 2116301 |
|  | Ashtead Group PLC | 726910 | 48553784 |
| # | Ashtead Technology <br> Holdings PLC<br>| 23057 | 99238 |
| #\* | ASOS PLC | 121670 | 407183 |
|  | Associated British <br> Foods PLC<br>| 484861 | 14631428 |
| #\*Ω | Aston Martin Lagonda <br> Global Holdings <br> PLC<br>| 190346 | 157589 |
|  | AstraZeneca PLC <br> (AZN LN)<br>| 241813 | 39886699 |
|  | AstraZeneca PLC <br> (AZN US), <br> Sponsored ADR<br>| 1820892 | 150041501 |
|  | Atalaya Mining <br> Copper SA<br>| 185897 | 1672007 |
| \* | Auction Technology <br> Group PLC<br>| 68887 | 279753 |
| Ω | Auto Trader Group <br> PLC<br>| 1761059 | 18066850 |
|  | Aviva PLC | 4654765 | 40912075 |
|  | Avon Technologies <br> PLC<br>| 33936 | 855050 |
|  | B&M European Value <br> Retail SA<br>| 3145379 | 7426887 |
|  | Babcock International <br> Group PLC<br>| 2465972 | 39379163 |
|  | BAE Systems PLC | 893626 | 22013108 |
| Ω | Bakkavor Group PLC | 792402 | 2309474 |
|  | Balfour Beatty PLC | 2021799 | 17868805 |
|  | Barclays PLC (BARC <br> LN)<br>| 8137027 | 43643923 |
|  | Barclays PLC (BCS <br> US), Sponsored <br> ADR<br>| 896402 | 19263679 |
|  | Barratt Redrow PLC | 4187617 | 20722333 |
|  | Beazley PLC | 2551786 | 31218014 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Begbies Traynor <br> Group PLC<br>| 39984 | $58837 |
|  | Bellway PLC | 540371 | 18649814 |
|  | Berkeley Group <br> Holdings PLC<br>| 291163 | 15424261 |
|  | Bloomsbury <br> Publishing PLC<br>| 233399 | 1531465 |
|  | Bodycote PLC | 659871 | 5350008 |
| #\* | boohoo Group PLC | 1788396 | 281909 |
|  | BP PLC (BP LN) | 10974429 | 64297067 |
|  | BP PLC (BP US), <br> Sponsored ADR<br>| 1644979 | 57788112 |
| # | Braemar PLC | 71897 | 222369 |
|  | Breedon Group PLC | 909793 | 4118376 |
| # | Brickability Group <br> PLC<br>| 125996 | 92790 |
| Ω | Bridgepoint Group <br> PLC<br>| 68260 | 270341 |
|  | British American <br> Tobacco PLC <br> (BATS LN)<br>| 859141 | 44001331 |
|  | British American <br> Tobacco PLC (BTI <br> US), Sponsored <br> ADR<br>| 47984 | 2456301 |
| # | Brooks Macdonald <br> Group PLC<br>| 4885 | 111965 |
|  | BT Group PLC | 21565593 | 52632400 |
|  | Bunzl PLC | 390599 | 11873312 |
| \* | Burberry Group PLC | 537349 | 8746786 |
|  | Burford Capital Ltd. | 651883 | 6403935 |
|  | Bytes Technology <br> Group PLC (BYIT <br> LN)<br>| 643501 | 3136102 |
|  | C&C Group PLC | 1207400 | 2169264 |
| \* | Canal & SA | 2037369 | 6415358 |
| \* | Capita PLC | 151990 | 626595 |
|  | Capital Ltd. | 165463 | 260810 |
| \* | Capricorn Energy <br> PLC<br>| 479270 | 1258999 |
|  | Card Factory PLC | 974851 | 1324851 |
| \* | Carnival PLC (CCL <br> LN)<br>| 47585 | 1236250 |
| \* | Carnival PLC (CUK <br> US), ADR<br>| 186206 | 4843218 |
|  | Castings PLC | 62771 | 200885 |
|  | Central Asia Metals <br> PLC<br>| 531039 | 1110634 |
|  | Centrica PLC | 17440200 | 41103078 |
|  | Chemring Group PLC | 807172 | 6084669 |
|  | Chesnara PLC | 835439 | 3018866 |
|  | Clarkson PLC | 86620 | 4128672 |
| \* | Close Brothers Group <br> PLC<br>| 799371 | 4409437 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
| Ω | CMC Markets PLC | 479654 | $1357085 |
|  | Coats Group PLC | 4744436 | 5098594 |
|  | Coca-Cola HBC AG | 235914 | 10705316 |
|  | Cohort PLC | 7325 | 129374 |
|  | Compass Group PLC | 1127082 | 37306208 |
|  | Computacenter PLC | 316441 | 11924407 |
|  | Conduit Holdings Ltd. | 24435 | 108827 |
| Ω | Convatec Group PLC | 2642380 | 8486223 |
|  | Costain Group PLC | 328257 | 661982 |
|  | Cranswick PLC | 172790 | 11209701 |
|  | Crest Nicholson <br> Holdings PLC<br>| 1230629 | 2675552 |
|  | Croda International <br> PLC<br>| 43840 | 1664204 |
|  | Currys PLC | 8430378 | 15560841 |
|  | CVS Group PLC | 184225 | 3005302 |
| # | DCC PLC | 233531 | 15384791 |
| \* | DFS Furniture PLC | 652913 | 1366882 |
| # | Diageo PLC (DEO <br> US), Sponsored <br> ADR<br>| 164254 | 15126151 |
|  | Diageo PLC (DGE <br> LN)<br>| 319548 | 7350161 |
|  | Diploma PLC | 150850 | 11128655 |
|  | DiscoverIE Group <br> PLC<br>| 188017 | 1437958 |
| # | Diversified Energy Co. <br> PLC (DEC LN)<br>| 36210 | 456961 |
|  | Domino's Pizza Group <br> PLC<br>| 667711 | 1707623 |
|  | dotdigital group PLC | 452142 | 404362 |
|  | Dowlais Group PLC | 3540183 | 3845969 |
|  | Dr. Martens PLC | 423733 | 506851 |
|  | Drax Group PLC | 1827637 | 17321755 |
|  | Dunelm Group PLC | 480939 | 7063410 |
| †† | Dyson Group PLC | 3999 | 115 |
|  | easyJet PLC | 866636 | 5517697 |
|  | Ecora Resources <br> PLC<br>| 1342836 | 1694368 |
| \* | EKF Diagnostics <br> Holdings PLC<br>| 38270 | 13267 |
|  | Elementis PLC | 1898803 | 4104397 |
| # | Energean PLC | 454283 | 5757430 |
|  | EnQuest PLC | 8138587 | 1301015 |
|  | Entain PLC | 557225 | 5803885 |
|  | Essentra PLC | 880559 | 1126193 |
|  | Eurocell PLC | 6575 | 10751 |
| \* | Evoke PLC | 280285 | 158621 |
|  | Experian PLC | 884602 | 41262396 |
|  | FDM Group Holdings <br> PLC<br>| 239641 | 378697 |
|  | Fevara PLC | 28408 | 45148 |
|  | Firstgroup PLC | 3231216 | 8925768 |
|  | Foresight Group <br> Holdings Ltd.<br>| 147700 | 885454 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
| Ω | Forterra PLC | 515008 | $1232418 |
|  | Foxtons Group PLC | 778154 | 562404 |
| \* | Frasers Group PLC | 418277 | 4015394 |
|  | Fresnillo PLC | 676778 | 19791122 |
| \* | Frontier Developments <br> PLC<br>| 4651 | 31873 |
|  | Fuller Smith & Turner <br> PLC, Class A<br>| 96610 | 782131 |
| \*Ω | Funding Circle <br> Holdings PLC<br>| 107963 | 187699 |
|  | Future PLC | 242495 | 1955330 |
|  | Galliford Try Holdings <br> PLC<br>| 477687 | 3260355 |
|  | Games Workshop <br> Group PLC<br>| 121379 | 25417754 |
| \* | Gaming Realms PLC | 298497 | 161437 |
|  | Gamma <br> Communications <br> PLC<br>| 215630 | 2815132 |
|  | GB Group PLC | 324750 | 1005255 |
| \* | Genel Energy PLC | 766272 | 646706 |
|  | Genuit Group PLC | 1014340 | 4931662 |
| \* | Georgia Capital PLC | 189316 | 6442506 |
|  | Glencore PLC | 7357053 | 35244441 |
|  | Gooch & Housego <br> PLC<br>| 25295 | 191372 |
|  | Goodwin PLC | 896 | 255710 |
|  | Grafton Group PLC, <br> CDI<br>| 724110 | 9054693 |
|  | Grainger PLC | 2209178 | 5443104 |
|  | Greencore Group <br> PLC<br>| 1957577 | 6132255 |
|  | Greggs PLC | 503661 | 10675243 |
| \* | Griffin Mining Ltd. | 41174 | 102942 |
|  | GSK PLC (GSK LN) | 2312925 | 54153527 |
| # | GSK PLC (GSK US), <br> Sponsored ADR<br>| 592289 | 27754681 |
|  | Gulf Keystone <br> Petroleum Ltd.<br>| 1348240 | 3209404 |
| \* | Gulf Marine Services <br> PLC<br>| 321392 | 71005 |
| \*Ω | Gym Group PLC | 478207 | 874114 |
|  | Haleon PLC (HLN <br> LN)<br>| 6861312 | 31906671 |
|  | Halfords Group PLC | 866434 | 1702137 |
|  | Halma PLC | 201658 | 9396943 |
|  | Harbour Energy PLC | 47858 | 141660 |
|  | Hargreaves Services <br> PLC<br>| 37614 | 324365 |
|  | Harworth Group PLC | 214800 | 462822 |
|  | Hays PLC | 3341552 | 2594839 |
| \* | Headlam Group PLC | 227984 | 153846 |
|  | Helical PLC | 1355503 | 3714996 |
| \* | Helios Towers PLC | 1975444 | 3884766 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Henry Boot PLC | 333421 | $969683 |
|  | Hikma <br> Pharmaceuticals <br> PLC<br>| 321852 | 7785438 |
|  | Hill & Smith PLC | 285106 | 8067638 |
|  | Hilton Food Group <br> PLC<br>| 268158 | 2267668 |
|  | Hiscox Ltd. | 1226594 | 22174702 |
|  | Hochschild Mining <br> PLC<br>| 1594628 | 6931813 |
|  | Hollywood Bowl <br> Group PLC<br>| 514616 | 1823232 |
| Ω | Hostelworld Group <br> PLC<br>| 135705 | 226583 |
|  | Howden Joinery <br> Group PLC<br>| 2111292 | 23979764 |
|  | HSBC Holdings PLC <br> (HSBA LN)<br>| 1656655 | 23192245 |
| # | HSBC Holdings PLC <br> (HSBC US), <br> Sponsored ADR<br>| 2160076 | 151356525 |
|  | Hunting PLC | 527483 | 2368795 |
| Ω | Ibstock PLC | 790514 | 1420104 |
|  | ICG PLC | 488735 | 12415750 |
| # | IDOX PLC | 178554 | 165549 |
|  | IG Group Holdings <br> PLC<br>| 1429024 | 20917439 |
|  | IMI PLC | 1060808 | 33350705 |
|  | Impax Asset <br> Management Group <br> PLC<br>| 156932 | 393383 |
|  | Imperial Brands PLC | 1665881 | 66192594 |
|  | Inchcape PLC | 1712083 | 17180493 |
| \* | Indivior PLC | 243730 | 7158350 |
|  | Informa PLC | 2164221 | 27557696 |
|  | IntegraFin Holdings <br> PLC<br>| 548138 | 2610533 |
|  | InterContinental <br> Hotels Group PLC <br> (IHG LN)<br>| 102390 | 12350955 |
| # | InterContinental <br> Hotels Group PLC <br> (IHG US), ADR<br>| 70112 | 8515816 |
|  | International <br> Consolidated <br> Airlines Group SA<br>| 937841 | 5155868 |
|  | International Personal <br> Finance PLC<br>| 1369001 | 3678607 |
|  | International <br> Workplace Group <br> PLC<br>| 2173073 | 6467297 |
|  | Intertek Group PLC | 323707 | 21561483 |
|  | Investec PLC | 2005629 | 15101654 |
| \* | IP Group PLC | 2755894 | 2190124 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
| #\* | IQE PLC | 1127628 | $85161 |
|  | Ithaca Energy PLC | 12299 | 35229 |
|  | ITV PLC | 8345019 | 7638661 |
|  | J D Wetherspoon <br> PLC<br>| 327119 | 2775210 |
|  | J Sainsbury PLC | 5959262 | 26756410 |
| \* | James Fisher & Sons <br> PLC<br>| 184490 | 964161 |
| # | James Halstead PLC | 154912 | 284102 |
|  | JD Sports Fashion <br> PLC<br>| 5790094 | 7095094 |
|  | JET2 PLC | 172775 | 3017151 |
| #\* | John Wood Group <br> PLC<br>| 3147101 | 762373 |
|  | Johnson Matthey <br> PLC<br>| 398136 | 11150300 |
|  | Johnson Service <br> Group PLC<br>| 929440 | 1655104 |
|  | Jupiter Fund <br> Management PLC<br>| 1385919 | 2774307 |
|  | Just Group PLC | 5066110 | 14142439 |
|  | Kainos Group PLC | 171611 | 2129490 |
|  | Keller Group PLC | 550033 | 11473634 |
|  | Kier Group PLC | 1137149 | 3235700 |
|  | Kingfisher PLC | 5622284 | 22801623 |
| # | Kitwave Group PLC | 108486 | 306224 |
| # | Knights Group <br> Holdings PLC<br>| 59372 | 131273 |
|  | Lancashire Holdings <br> Ltd.<br>| 981933 | 8622568 |
|  | Legal & General <br> Group PLC<br>| 7565248 | 23640773 |
|  | Lion Finance Group <br> PLC<br>| 237307 | 24982200 |
|  | Liontrust Asset <br> Management PLC<br>| 85264 | 348274 |
|  | Lloyds Banking Group <br> PLC (LLOY LN)<br>| 65713474 | 77048224 |
|  | London Investment <br> Group PLC<br>| 17231 | 85045 |
|  | London Stock <br> Exchange Group <br> PLC<br>| 77078 | 9605989 |
|  | LSL Property Services <br> PLC<br>| 161364 | 541041 |
| Ω | Luceco PLC | 177183 | 307073 |
|  | M&C Saatchi PLC | 41806 | 74814 |
|  | M&G PLC | 5775534 | 19995858 |
|  | Macfarlane Group <br> PLC<br>| 248152 | 227018 |
|  | Man Group PLC | 4665938 | 12891101 |
|  | Marks & Spencer <br> Group PLC<br>| 9032965 | 47204635 |
|  | Marshalls PLC | 741197 | 1644118 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
| \* | Marston's PLC | 2598415 | $1564106 |
|  | McBride PLC | 644099 | 992706 |
|  | Me Group <br> International PLC<br>| 1239700 | 3068368 |
|  | Mears Group PLC | 770592 | 3591706 |
|  | Melrose Industries <br> PLC<br>| 1345700 | 11085938 |
| \* | Metro Bank Holdings <br> PLC<br>| 61865 | 95209 |
| # | Midwich Group PLC | 33747 | 76304 |
| \* | Mitchells & Butlers <br> PLC<br>| 1846163 | 5903701 |
|  | Mitie Group PLC | 5748755 | 12434345 |
|  | MJ Gleeson PLC | 127277 | 617164 |
| \* | Mobico Group PLC | 1257230 | 434098 |
|  | Mondi PLC | 1235173 | 13806572 |
|  | MONY Group PLC | 1540785 | 3929431 |
|  | Moonpig Group PLC | 568234 | 1601487 |
|  | Morgan Advanced <br> Materials PLC<br>| 745066 | 1998053 |
|  | Morgan Sindall Group <br> PLC<br>| 204478 | 12493540 |
|  | Mortgage Advice <br> Bureau Holdings <br> Ltd.<br>| 29423 | 269735 |
|  | MP Evans Group <br> PLC<br>| 28366 | 503200 |
| \* | Naked Wines PLC | 123440 | 122172 |
|  | National Grid PLC <br> (NG LN)<br>| 924810 | 13866695 |
| # | National Grid PLC <br> (NGG US), <br> Sponsored ADR<br>| 273261 | 20562890 |
|  | NatWest Group PLC <br> (NWG LN)<br>| 8042886 | 61918258 |
|  | NatWest Group PLC <br> (NWG US), <br> Sponsored ADR<br>| 386878 | 5985003 |
|  | NCC Group PLC | 468191 | 920870 |
|  | Next 15 Group PLC | 163792 | 889753 |
|  | Next PLC | 204305 | 38386876 |
|  | Ninety One PLC | 1429868 | 4346550 |
|  | Norcros PLC | 153090 | 603240 |
| \* | Ocado Group PLC | 829075 | 2387771 |
| Ω | On the Beach Group <br> PLC<br>| 293916 | 821026 |
|  | OSB Group PLC | 1837819 | 13026395 |
|  | Oxford Instruments <br> PLC<br>| 143166 | 3552042 |
|  | Pagegroup PLC | 1157489 | 3592801 |
|  | Pan African <br> Resources PLC<br>| 7061177 | 7758697 |
| \* | Pantheon Resources <br> PLC<br>| 121086 | 44523 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Paragon Banking <br> Group PLC<br>| 1246947 | $13599682 |
|  | PayPoint PLC | 219908 | 2013035 |
| # | Pearson PLC (PSO <br> US), Sponsored <br> ADR<br>| 349430 | 4860571 |
|  | Pearson PLC (PSON <br> LN)<br>| 478673 | 6662178 |
|  | Pennon Group PLC | 861864 | 5873706 |
|  | Persimmon PLC | 988280 | 15706844 |
|  | Pets at Home Group <br> PLC<br>| 1398539 | 3939575 |
|  | Pharos Energy PLC | 1487849 | 402868 |
|  | Phoenix Group <br> Holdings PLC<br>| 1046607 | 9271716 |
| \* | Phoenix Spree <br> Deutschland Ltd.<br>| 67649 | 148092 |
| \* | Pinewood <br> Technologies Group <br> PLC<br>| 249846 | 1209215 |
|  | Playtech PLC | 1095208 | 3790582 |
|  | Plus500 Ltd. | 368186 | 15320017 |
|  | Polar Capital Holdings <br> PLC<br>| 237317 | 1789050 |
|  | Pollen Street Group <br> Ltd.<br>| 7818 | 91014 |
|  | Porvair PLC | 11959 | 120495 |
| # | PPHE Hotel Group <br> Ltd.<br>| 32501 | 611102 |
|  | Premier Foods PLC | 4477015 | 10738346 |
|  | Prudential PLC (PRU <br> LN)<br>| 1521461 | 21160602 |
| # | Prudential PLC (PUK <br> US), ADR<br>| 379204 | 10564623 |
| \* | PureTech Health PLC <br> (PRTC LN)<br>| 472395 | 820331 |
| \* | PureTech Health PLC <br> (PRTC US), ADR<br>| 137 | 2363 |
|  | PZ Cussons PLC | 512533 | 498751 |
|  | QinetiQ Group PLC | 1754089 | 11076508 |
| Ω | Quilter PLC | 3760033 | 8977279 |
|  | Rank Group PLC | 469184 | 731542 |
|  | Rathbones Group <br> PLC<br>| 139856 | 3278157 |
| \*†† | Raven Property Group <br> Ltd.<br>| 96453 | 0 |
|  | Reach PLC | 2162440 | 1678919 |
|  | Reckitt Benckiser <br> Group PLC<br>| 841578 | 64371498 |
|  | Record PLC | 193593 | 152505 |
|  | RELX PLC (REL LN) | 596581 | 26366718 |
|  | RELX PLC (RELX <br> US), Sponsored <br> ADR<br>| 366786 | 16226609 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | RELX PLC (REN NA) | 437454 | $19267078 |
|  | Renew Holdings PLC | 115338 | 1404647 |
|  | Rentokil Initial PLC | 1779367 | 9931443 |
| # | Rentokil Initial PLC, <br> Sponsored ADR<br>| 49587 | 1379510 |
|  | RHI Magnesita NV | 9135 | 252079 |
|  | Rightmove PLC | 2564598 | 22518333 |
|  | Rio Tinto PLC (RIO <br> LN)<br>| 584468 | 42134274 |
| # | Rio Tinto PLC (RIO <br> US), Sponsored <br> ADR<br>| 733757 | 52639727 |
|  | Robert Walters PLC | 191734 | 379553 |
| \* | Rockhopper <br> Exploration PLC<br>| 174882 | 189063 |
|  | Rolls-Royce Holdings <br> PLC<br>| 6048245 | 93075200 |
|  | Rotork PLC | 2452946 | 11042805 |
|  | RS Group PLC | 1026735 | 7514553 |
|  | RWS Holdings PLC | 723800 | 736222 |
|  | S&U PLC | 8204 | 192194 |
| # | S4 Capital PLC | 442489 | 137230 |
| Ω | Sabre Insurance <br> Group PLC<br>| 404475 | 712189 |
| \* | Saga PLC | 671225 | 2350294 |
|  | Sage Group PLC | 1322771 | 19994170 |
| \* | Savannah Energy <br> PLC<br>| 547478 | 50154 |
|  | Savills PLC | 614348 | 8141086 |
|  | Schroders PLC | 1513590 | 7552997 |
|  | Secure Trust Bank <br> PLC<br>| 23118 | 295999 |
|  | Senior PLC | 840863 | 2106160 |
|  | Serco Group PLC | 4676711 | 15606028 |
|  | Serica Energy PLC | 418396 | 1195816 |
|  | Severfield PLC | 923662 | 364494 |
|  | Severn Trent PLC | 414486 | 15151533 |
|  | Shell PLC (SHEL LN) | 1472115 | 55188718 |
|  | Shell PLC (SHEL US), <br> ADR<br>| 3868402 | 289820660 |
| \* | SIG PLC | 2515064 | 297975 |
| \* | Sigmaroc PLC | 227068 | 344813 |
|  | Smith & Nephew PLC <br> (SN LN)<br>| 593708 | 10963416 |
| # | Smith & Nephew PLC <br> (SNN US), <br> Sponsored ADR<br>| 38117 | 1403468 |
|  | Smiths Group PLC | 411883 | 13639115 |
|  | Smiths News PLC | 576869 | 462195 |
|  | Softcat PLC | 570660 | 12024660 |
| #\* | SolGold PLC | 618463 | 142857 |
|  | Spectris PLC | 133508 | 7202411 |
|  | Speedy Hire PLC | 1982407 | 717976 |
|  | Spirax Group PLC | 62656 | 5844076 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
| Ω | Spire Healthcare <br> Group PLC<br>| 1328805 | $4096826 |
|  | SSE PLC | 1154380 | 29082048 |
|  | SSP Group PLC | 2599068 | 5252753 |
|  | St. James's Place <br> PLC<br>| 1605485 | 27392853 |
|  | Standard Chartered <br> PLC<br>| 3584275 | 73575269 |
|  | SThree PLC | 373707 | 773015 |
| \* | Strix Group PLC | 234787 | 102998 |
| \*†† | Studio Retail Group <br> PLC<br>| 86255 | 0 |
|  | STV Group PLC | 69518 | 103230 |
| \* | Synthomer PLC | 400228 | 282462 |
|  | Tate & Lyle PLC | 770264 | 3910506 |
|  | Tatton Asset <br> Management PLC<br>| 4130 | 40380 |
|  | Taylor Wimpey PLC | 10905090 | 15084360 |
|  | TBC Bank Group <br> PLC<br>| 89366 | 5119967 |
| \* | Team Internet Group <br> PLC<br>| 376051 | 224647 |
|  | Telecom Plus PLC | 271797 | 6339743 |
|  | Tesco PLC | 13419289 | 80980996 |
| #\* | THG PLC | 1480291 | 904707 |
|  | Topps Tiles PLC | 712026 | 322479 |
|  | TP ICAP Group PLC | 5587570 | 19271332 |
| \*Ω | Trainline PLC | 1010242 | 3334833 |
|  | Travis Perkins PLC | 655393 | 5418787 |
|  | Treatt PLC | 19168 | 60667 |
|  | Trifast PLC | 578792 | 577605 |
|  | TT Electronics PLC | 830665 | 1684411 |
| #\* | Tullow Oil PLC | 2140817 | 276334 |
| # | Unilever PLC (UL <br> US), Sponsored <br> ADR<br>| 551057 | 33168121 |
|  | Unilever PLC (ULVR <br> LN)<br>| 253281 | 15197955 |
|  | Unilever PLC (UNA <br> NA)<br>| 796683 | 48244276 |
|  | United Utilities Group <br> PLC<br>| 1052692 | 16607778 |
| \* | Vanquis Banking <br> Group PLC<br>| 863424 | 1293208 |
|  | Vertu Motors PLC | 874766 | 720138 |
|  | Vesuvius PLC | 1072606 | 5293104 |
|  | Victrex PLC | 247521 | 2103271 |
| \* | Videndum PLC | 77752 | 40934 |
| \* | Vistry Group PLC | 1148029 | 9724558 |
|  | Vodafone Group PLC <br> (VOD LN)<br>| 19661176 | 23801287 |
| # | Volex PLC | 230382 | 1135092 |
|  | Volution Group PLC | 405026 | 3497981 |
|  | Vp PLC | 17348 | 129756 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
| \*Ω | Watches of <br> Switzerland Group <br> PLC<br>| 670473 | $3460694 |
| \* | Watkin Jones PLC | 462728 | 173672 |
|  | Weir Group PLC  | 346643 | 13494082 |
|  | WH Smith PLC | 471329 | 4186823 |
|  | Whitbread PLC | 485000 | 18464052 |
|  | Wickes Group PLC | 1301434 | 3786560 |
|  | Wilmington PLC | 153206 | 625876 |
| \* | Wise PLC, Class A | 205474 | 2612813 |
|  | WPP PLC (WPP LN) | 430273 | 1625859 |
| # | WPP PLC (WPP US), <br> Sponsored ADR<br>| 171226 | 3248157 |
| \* | Xaar PLC | 199799 | 332632 |
|  | XPS Pensions Group <br> PLC<br>| 140532 | 622515 |
| # | Young & Co.'s <br> Brewery PLC <br> (YNGA LN), <br> Class A<br>| 65942 | 666928 |
|  | Young & Co.'s <br> Brewery PLC <br> (YNGN LN)<br>| 20699 | 167489 |
| \* | Zegona <br> Communications <br> PLC<br>| 9272 | 149924 |
|  | Zigup PLC | 949773 | 4326840 |
|  | Zotefoams PLC | 40050 | 241119 |
| TOTAL UNITED <br> KINGDOM | TOTAL UNITED <br> KINGDOM |  | 4243928775 |
| UNITED STATES — (0.2%) | UNITED STATES — (0.2%) | UNITED STATES — (0.2%) | UNITED STATES — (0.2%) |
| \* | ADTRAN Holdings, <br> Inc.<br>| 30543 | 316214 |
| \* | Amrize Ltd. | 179336 | 9296778 |
| #\* | Flutter Entertainment <br> PLC<br>| 12028 | 2770959 |
| \* | Gran Tierra Energy, <br> Inc. (GTE CN)<br>| 155910 | 530241 |
|  | International Paper <br> Co.<br>| 675572 | 26453809 |
|  | MEG Energy Corp. | 1254914 | 26555807 |
|  | Royal Gold, Inc. | 54831 | 9583911 |
| †† | Theratechnologies, <br> Inc.<br>| 62650 | 23807 |
| TOTAL UNITED STATES | TOTAL UNITED STATES |  | 75531526 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 36074842964 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) |
| GERMANY — (0.3%) | GERMANY — (0.3%) | GERMANY — (0.3%) | GERMANY — (0.3%) |
|  | Bayerische Motoren <br> Werke AG, 5.764%<br>| 93903 | $8135361 |
| #Ω | Dr. Ing hc F Porsche <br> AG, 5.074%<br>| 111824 | 5850737 |
| # | Draegerwerk AG & <br> Co. KGaA, 2.796%<br>| 41380 | 3486988 |
|  | Einhell Germany AG, <br> 1.843%<br>| 11261 | 1067956 |
| # | FUCHS SE, 3.020% | 236423 | 10583367 |
|  | Henkel AG & Co. <br> KGaA, 2.901%<br>| 227937 | 18465835 |
|  | Jungheinrich AG, <br> 2.591%<br>| 250846 | 8964776 |
|  | Porsche Automobil <br> Holding SE, <br> 5.552%<br>| 523301 | 20792564 |
| # | Sartorius AG, 0.312% | 17957 | 4940473 |
|  | Sixt SE, 4.946% | 89513 | 5686699 |
|  | STO SE & Co. KGaA, <br> 2.782%<br>| 7858 | 1080265 |
|  | Villeroy & Boch AG, <br> 5.438%<br>| 56916 | 1085907 |
|  | Volkswagen AG, <br> 7.042%<br>| 253832 | 26433237 |
| TOTAL GERMANY | TOTAL GERMANY |  | 116574165 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) |
| \* | Cash Converters <br> International Ltd. <br> Rights 11/17/2025<br>| 69894 | 0 |
| \* | Galan Lithium Ltd. <br> Warrants<br>| 10752 | 0 |
| \* | Silver Mines Ltd. <br> Warrants 06/17/26<br>| 28100 | 927 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 927 |
| CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) |
| \* | Constellation <br> Software, Inc. <br> Warrants <br> 03/31/2040<br>| 20401 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (0.0%) | GERMANY — (0.0%) | GERMANY — (0.0%) | GERMANY — (0.0%) |
| #\* | BayWa AG Rights <br> 11/10/2025<br>| 61967 | $106425 |
| ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) |
| #\* | Webuild SpA Warrants <br> 08/02/2030<br>| 66474 | 0 |
| NORWAY — (0.0%) | NORWAY — (0.0%) | NORWAY — (0.0%) | NORWAY — (0.0%) |
| #\* | Vend Marketplaces <br> ASA Rights <br> 11/13/2025<br>| 16309 | 36304 |
| SPAIN — (0.0%) | SPAIN — (0.0%) | SPAIN — (0.0%) | SPAIN — (0.0%) |
| \* | Vidrala SA Rights <br> 11/17/2025<br>| 76793 | 362913 |
| SWITZERLAND — (0.0%) | SWITZERLAND — (0.0%) | SWITZERLAND — (0.0%) | SWITZERLAND — (0.0%) |
| \* | Fundamenta Real <br> Estate AG Rights <br> 11/03/2025<br>| 4346 | 193 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 506762 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $21,440,803,249) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $21,440,803,249) |  | 36191923891 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | **Value†** |
| SECURITIES LENDING COLLATERAL — (3.5%) | SECURITIES LENDING COLLATERAL — (3.5%) | SECURITIES LENDING COLLATERAL — (3.5%) | SECURITIES LENDING COLLATERAL — (3.5%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 113719728 | 1315396097 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $22,756,199,346) | (Cost $22,756,199,346) |  | $37507319988 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

As of October 31, 2025, International Core Equity 2 Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 990 | 12/19/25 | &nbsp;&nbsp; $330637228 | &nbsp;&nbsp; $340263000 | &nbsp;&nbsp; $9625772 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$330637228** | &nbsp;&nbsp; **$340263000** | &nbsp;&nbsp; **$9625772** |

---

As of October 31, 2025, the value of Rule 144A securities amounted to $620,311,688 or 1.7% of net assets.

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Australia | &nbsp;&nbsp; $66030362 | &nbsp;&nbsp; $2114274704 | &nbsp;&nbsp; — | &nbsp;&nbsp; $2180305066 |
| Austria | &nbsp;&nbsp; — | &nbsp;&nbsp; 220575271 | &nbsp;&nbsp; — | &nbsp;&nbsp; 220575271 |
| Belgium | &nbsp;&nbsp; 10110823 | &nbsp;&nbsp; 401032065 | &nbsp;&nbsp; — | &nbsp;&nbsp; 411142888 |
| Brazil | &nbsp;&nbsp; — | &nbsp;&nbsp; 483010 | &nbsp;&nbsp; — | &nbsp;&nbsp; 483010 |
| Canada | &nbsp;&nbsp; 4358288761 | &nbsp;&nbsp; 13885132 | &nbsp;&nbsp; $5973 | &nbsp;&nbsp; 4372179866 |
| China | &nbsp;&nbsp; 44493670 | &nbsp;&nbsp; 181384 | &nbsp;&nbsp; — | &nbsp;&nbsp; 44675054 |
| Denmark | &nbsp;&nbsp; 45939338 | &nbsp;&nbsp; 742349330 | &nbsp;&nbsp; — | &nbsp;&nbsp; 788288668 |
| Finland | &nbsp;&nbsp; 4583507 | &nbsp;&nbsp; 616746893 | &nbsp;&nbsp; — | &nbsp;&nbsp; 621330400 |
| France | &nbsp;&nbsp; 17571815 | &nbsp;&nbsp; 2699969509 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2717541324 |
| Germany | &nbsp;&nbsp; 58015688 | &nbsp;&nbsp; 2666223153 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2724238841 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 578808084 | &nbsp;&nbsp; 125939 | &nbsp;&nbsp; 578934023 |
| Ireland | &nbsp;&nbsp; — | &nbsp;&nbsp; 199264366 | &nbsp;&nbsp; — | &nbsp;&nbsp; 199264366 |
| Israel | &nbsp;&nbsp; 20786648 | &nbsp;&nbsp; 438673111 | &nbsp;&nbsp; — | &nbsp;&nbsp; 459459759 |
| Italy | &nbsp;&nbsp; 12108639 | &nbsp;&nbsp; 1270006875 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1282115514 |
| Japan | &nbsp;&nbsp; 117791708 | &nbsp;&nbsp; 7988745624 | &nbsp;&nbsp; — | &nbsp;&nbsp; 8106537332 |
| Netherlands | &nbsp;&nbsp; 254319868 | &nbsp;&nbsp; 1011815000 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1266134868 |
| New Zealand | &nbsp;&nbsp; 266674 | &nbsp;&nbsp; 98364178 | &nbsp;&nbsp; — | &nbsp;&nbsp; 98630852 |
| Norway | &nbsp;&nbsp; 1071145 | &nbsp;&nbsp; 257158858 | &nbsp;&nbsp; — | &nbsp;&nbsp; 258230003 |
| Portugal | &nbsp;&nbsp; 356859 | &nbsp;&nbsp; 135764291 | &nbsp;&nbsp; — | &nbsp;&nbsp; 136121150 |
| Singapore | &nbsp;&nbsp; 7834 | &nbsp;&nbsp; 441279733 | &nbsp;&nbsp; — | &nbsp;&nbsp; 441287567 |
| South Africa | &nbsp;&nbsp; — | &nbsp;&nbsp; 2862534 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2862534 |
| Spain | &nbsp;&nbsp; 41316783 | &nbsp;&nbsp; 1068308844 | &nbsp;&nbsp; 1958 | &nbsp;&nbsp; 1109627585 |
| Sweden | &nbsp;&nbsp; 372225 | &nbsp;&nbsp; 1020853096 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1021225321 |
| Switzerland | &nbsp;&nbsp; 354812168 | &nbsp;&nbsp; 2359379233 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2714191401 |
| United Kingdom | &nbsp;&nbsp; 877007686 | &nbsp;&nbsp; 3366920974 | &nbsp;&nbsp; 115 | &nbsp;&nbsp; 4243928775 |
| United States | &nbsp;&nbsp; 45966737 | &nbsp;&nbsp; 29540982 | &nbsp;&nbsp; 23807 | &nbsp;&nbsp; 75531526 |
| Preferred Stocks |  |  |  |  |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 116574165 | &nbsp;&nbsp; — | &nbsp;&nbsp; 116574165 |
| Rights/Warrants |  |  |  |  |
| Australia | &nbsp;&nbsp; — | &nbsp;&nbsp; 927 | &nbsp;&nbsp; — | &nbsp;&nbsp; 927 |
| Canada | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 106425 | &nbsp;&nbsp; — | &nbsp;&nbsp; 106425 |
| Italy | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Norway | &nbsp;&nbsp; — | &nbsp;&nbsp; 36304 | &nbsp;&nbsp; — | &nbsp;&nbsp; 36304 |
| Spain | &nbsp;&nbsp; — | &nbsp;&nbsp; 362913 | &nbsp;&nbsp; — | &nbsp;&nbsp; 362913 |

---

------

**International Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Switzerland | &nbsp;&nbsp; — | &nbsp;&nbsp; $193 | &nbsp;&nbsp; — | &nbsp;&nbsp; $193 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 1315396097 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1315396097 |
| Total Investments in Securities | &nbsp;&nbsp; $6331218938 | &nbsp;&nbsp; $31175943258 | &nbsp;&nbsp; $157,792˂˃ | &nbsp;&nbsp; $37507319988 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; $9625772 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 9625772 |
| Total Financial Instruments | &nbsp;&nbsp; $9625772 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $9625772 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**Global Small Company Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| DOMESTIC EQUITIES — (62.7%) | DOMESTIC EQUITIES — (62.7%) | DOMESTIC EQUITIES — (62.7%) |
| U.S. Small Cap Portfolio | &nbsp;&nbsp;&nbsp; 1340504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $68365683 |
| INTERNATIONAL EQUITIES — (37.3%) | INTERNATIONAL EQUITIES — (37.3%) | INTERNATIONAL EQUITIES — (37.3%) |
| The Emerging Markets Small Cap Series |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13089697 |
| The Continental Small Company Series |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11516381 |
| The Japanese Small Company Series |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5988048 |
| The Canadian Small Company Series |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3718834 |
| The United Kingdom Small Company Series |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3438098 |
| The Asia Pacific Small Company Series |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2966413 |
| TOTAL INTERNATIONAL EQUITIES | TOTAL INTERNATIONAL EQUITIES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40717471 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES <br>(Cost $75,188,778) | TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES <br>(Cost $75,188,778) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $109083154 |

---

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Affiliated Investment Companies | &nbsp;&nbsp; $109083154 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $109083154 |
| Total Investments in Securities | &nbsp;&nbsp; $109083154 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $109083154 |

---

See accompanying Notes to Financial Statements.

------

**International Small Company Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025** 

---

| | |
|:---|:---|
|  | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (99.0%) | AFFILIATED INVESTMENT COMPANIES — (99.0%) |
| The Continental Small Company Series | $5751770016 |
| The Japanese Small Company Series | 3080139016 |
| The Canadian Small Company Series | 1892935882 |
| The United Kingdom Small Company Series | 1708230350 |
| The Asia Pacific Small Company Series | 1440272407 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $13873347671 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| TEMPORARY CASH INVESTMENTS — (1.0%) | TEMPORARY CASH INVESTMENTS — (1.0%) | TEMPORARY CASH INVESTMENTS — (1.0%) |
| ɎState Street Institutional U.S. Government Money Market Fund, 4.010% <br>(Cost $135,173,364) | &nbsp;&nbsp;&nbsp; 135173364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 135173364 |
| TOTAL INVESTMENTS — (100.0%) <br>(Cost $9,541,793,578) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $14008521035 |

---

As of October 31, 2025, International Small Company Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 382 | 12/19/25 | &nbsp;&nbsp; $127575669 | &nbsp;&nbsp; $131293400 | &nbsp;&nbsp; $3717731 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$127575669** | &nbsp;&nbsp; **$131293400** | &nbsp;&nbsp; **$3717731** |

---

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Affiliated Investment Companies | &nbsp;&nbsp; $13873347671 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $13873347671 |
| Temporary Cash Investments | &nbsp;&nbsp; 135173364 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 135173364 |
| Total Investments in Securities | &nbsp;&nbsp; $14008521035 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $14008521035 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 3717731 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 3717731 |
| Total Financial Instruments | &nbsp;&nbsp; $3717731 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $3717731 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

See accompanying Notes to Financial Statements.

------

**Japanese Small Company Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025** 

---

| | |
|:---|:---|
|  | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| The Japanese Small Company Series | $241941318 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $241941318 |

---

Summary of the Portfolio's Master Fund's investments as of October 31, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

**Asia Pacific Small Company Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025** 

---

| | |
|:---|:---|
|  | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| The Asia Pacific Small Company Series | $184867114 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $184867114 |

---

Summary of the Portfolio's Master Fund's investments as of October 31, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

**United Kingdom Small Company Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025** 

---

| | |
|:---|:---|
|  | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| The United Kingdom Small Company Series | $22866557 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $22866557 |

---

Summary of the Portfolio's Master Fund's investments as of October 31, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

**Continental Small Company Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025** 

---

| | |
|:---|:---|
|  | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| The Continental Small Company Series | $115693092 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $115693092 |

---

Summary of the Portfolio's Master Fund's investments as of October 31, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

**DFA International Real Estate Securities Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (98.0%) | COMMON STOCKS — (98.0%) | COMMON STOCKS — (98.0%) | COMMON STOCKS — (98.0%) |
| AUSTRALIA — (24.4%) | AUSTRALIA — (24.4%) | AUSTRALIA — (24.4%) | AUSTRALIA — (24.4%) |
|  | Abacus Group | 3249765 | $2553846 |
| # | Abacus Storage King | 4129868 | 3793650 |
| # | Arena REIT | 3049979 | 7287913 |
| # | Aspen Group Ltd. | 1420251 | 4905889 |
|  | BWP Property Group <br> Ltd.<br>| 4003921 | 10069735 |
|  | Carindale Property <br> Trust<br>| 259419 | 932032 |
| # | Centuria Capital <br> Group<br>| 4491239 | 6925552 |
|  | Centuria Industrial <br> REIT<br>| 3715807 | 8614956 |
| # | Centuria Office REIT | 2845487 | 2196478 |
|  | Charter Hall Group | 3365356 | 49425990 |
| # | Charter Hall Long <br> Wale REIT<br>| 4530490 | 12604456 |
|  | Charter Hall Retail <br> REIT<br>| 3737180 | 10071534 |
|  | Charter Hall Social <br> Infrastructure REIT<br>| 2396939 | 5060871 |
|  | Cromwell Property <br> Group<br>| 12211596 | 3714573 |
|  | Dexus | 7146217 | 34071528 |
|  | Dexus Convenience <br> Retail REIT<br>| 662789 | 1269178 |
|  | Dexus Industria REIT | 2063979 | 3862725 |
| # | Elanor Commercial <br> Property Fund<br>| 54174 | 23217 |
| \*†† | Elanor Investor Group | 67755 | 6827 |
|  | Garda Property <br> Group<br>| 323917 | 247986 |
|  | GDI Property Group <br> Partnership<br>| 5581557 | 2410529 |
|  | Goodman Group | 13529691 | 291810736 |
|  | GPT Group | 12981540 | 45597669 |
|  | Growthpoint <br> Properties Australia <br> Ltd.<br>| 1903359 | 3188610 |
|  | HealthCo REIT | 1618897 | 721449 |
| # | HMC Capital Ltd. | 421334 | 852773 |
|  | HomeCo Daily Needs <br> REIT<br>| 12360571 | 11040348 |
|  | Ingenia Communities <br> Group<br>| 2768194 | 10172959 |
|  | Mirvac Group | 26804628 | 40352413 |
|  | National Storage <br> REIT<br>| 8708505 | 13104344 |
|  | RAM Essential <br> Services Property <br> Fund<br>| 256488 | 101554 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Region Group | 8270187 | $13209331 |
|  | Scentre Group | 37120979 | 98884117 |
|  | Stockland | 16983675 | 70216957 |
|  | Vicinity Ltd. | 27506234 | 45442155 |
|  | Waypoint REIT Ltd. | 4388238 | 7610483 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 822355363 |
| BELGIUM — (3.7%) | BELGIUM — (3.7%) | BELGIUM — (3.7%) | BELGIUM — (3.7%) |
|  | Aedifica SA | 336288 | 24558580 |
|  | Ascencio | 37135 | 2152884 |
| # | Care Property Invest <br> NV<br>| 264656 | 3484956 |
|  | Cofinimmo SA | 269646 | 23026640 |
|  | Home Invest Belgium <br> SA<br>| 47758 | 1031629 |
|  | Montea NV | 130015 | 10499767 |
| #\* | Nextensa SA | 29939 | 1404132 |
|  | Retail Estates NV | 108717 | 7882466 |
|  | Shurgard Self Storage <br> Ltd.<br>| 72838 | 2666370 |
|  | Vastned NV | 110061 | 3782818 |
|  | Warehouses De Pauw <br> CVA<br>| 1329209 | 33754836 |
|  | Wereldhave Belgium <br> Comm VA<br>| 40706 | 2486805 |
|  | Xior Student Housing <br> NV<br>| 256456 | 8367443 |
| TOTAL BELGIUM | TOTAL BELGIUM |  | 125099326 |
| CANADA — (4.0%) | CANADA — (4.0%) | CANADA — (4.0%) | CANADA — (4.0%) |
| # | Allied Properties Real <br> Estate Investment <br> Trust<br>| 412230 | 4344059 |
| # | Artis Real Estate <br> Investment Trust<br>| 344916 | 1500116 |
|  | Automotive Properties <br> Real Estate <br> Investment Trust<br>| 132420 | 1030054 |
| # | Boardwalk Real <br> Estate Investment <br> Trust<br>| 170180 | 7846808 |
|  | BSR Real Estate <br> Investment Trust<br>| 188782 | 2254057 |
|  | BTB Real Estate <br> Investment Trust<br>| 304909 | 845671 |
|  | Canadian Apartment <br> Properties REIT<br>| 544101 | 14962729 |
| # | Choice Properties <br> Real Estate <br> Investment Trust<br>| 1086985 | 11501096 |

---

------

**DFA International Real Estate Securities Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| # | Crombie Real Estate <br> Investment Trust<br>| 368062 | $3917982 |
| # | CT Real Estate <br> Investment Trust<br>| 345176 | 4013989 |
| # | Dream Industrial Real <br> Estate Investment <br> Trust<br>| 933794 | 8049317 |
| # | Dream Office Real <br> Estate Investment <br> Trust<br>| 56215 | 735472 |
| # | European Residential <br> Real Estate <br> Investment Trust<br>| 295642 | 227652 |
|  | Firm Capital Property <br> Trust<br>| 64400 | 273202 |
|  | First Capital Real <br> Estate Investment <br> Trust<br>| 720888 | 9668036 |
|  | Flagship Communities <br> REIT<br>| 1800 | 33570 |
| # | Granite Real Estate <br> Investment Trust<br>| 205671 | 11558225 |
| # | H&R Real Estate <br> Investment Trust<br>| 888623 | 7089725 |
|  | InterRent Real Estate <br> Investment Trust<br>| 138495 | 1321210 |
|  | Killam Apartment Real <br> Estate Investment <br> Trust<br>| 385253 | 4760211 |
| #Ω | Minto Apartment Real <br> Estate Investment <br> Trust<br>| 125384 | 1227423 |
|  | Morguard North <br> American <br> Residential Real <br> Estate Investment <br> Trust<br>| 133598 | 1658366 |
| # | Morguard Real Estate <br> Investment Trust<br>| 337356 | 1404698 |
| # | Nexus Industrial REIT | 204642 | 1148289 |
| # | Northwest Healthcare <br> Properties Real <br> Estate Investment <br> Trust<br>| 759380 | 2745040 |
|  | Plaza Retail REIT | 390130 | 1165480 |
| # | Primaris Real Estate <br> Investment Trust<br>| 330413 | 3623219 |
|  | PRO Real Estate <br> Investment Trust<br>| 205582 | 882395 |
| # | RioCan Real Estate <br> Investment Trust<br>| 1015131 | 13585262 |
|  | Slate Grocery REIT, <br> Class U<br>| 191958 | 1999577 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| # | SmartCentres Real <br> Estate Investment <br> Trust<br>| 479070 | $9085781 |
|  | True North <br> Commercial Real <br> Estate Investment <br> Trust<br>| 52923 | 342242 |
| TOTAL CANADA | TOTAL CANADA |  | 134800953 |
| CHINA — (0.1%) | CHINA — (0.1%) | CHINA — (0.1%) | CHINA — (0.1%) |
|  | China Merchants <br> Commercial Real <br> Estate Investment <br> Trust<br>| 310000 | 51102 |
|  | Spring Real Estate <br> Investment Trust<br>| 5882000 | 1226512 |
|  | Yuexiu Real Estate <br> Investment Trust<br>| 15480250 | 1811710 |
| TOTAL CHINA | TOTAL CHINA |  | 3089324 |
| FRANCE — (6.6%) | FRANCE — (6.6%) | FRANCE — (6.6%) | FRANCE — (6.6%) |
| # | Altarea SCA | 41104 | 4688609 |
|  | ARGAN SA | 74780 | 5819844 |
|  | Carmila SA | 407829 | 7434968 |
|  | Covivio Hotels SACA | 6721 | 175022 |
|  | Covivio SA | 382357 | 24531199 |
|  | Gecina SA | 287394 | 26707894 |
|  | ICADE | 214495 | 5226484 |
|  | Klepierre SA | 1388630 | 53068643 |
|  | Mercialys SA | 597342 | 7288534 |
|  | Unibail-Rodamco-Westfield <br> (URW FP)<br>| 841955 | 87060852 |
| \* | Vitura SA | 7577 | 44987 |
| TOTAL FRANCE | TOTAL FRANCE |  | 222047036 |
| GERMANY — (0.1%) | GERMANY — (0.1%) | GERMANY — (0.1%) | GERMANY — (0.1%) |
| \* | Deutsche Konsum <br> REIT-AG<br>| 11682 | 25774 |
|  | Hamborner REIT AG | 607697 | 3638189 |
| TOTAL GERMANY | TOTAL GERMANY |  | 3663963 |
| HONG KONG — (3.3%) | HONG KONG — (3.3%) | HONG KONG — (3.3%) | HONG KONG — (3.3%) |
| # | Champion REIT | 18486012 | 4965277 |
|  | Fortune Real Estate <br> Investment Trust<br>| 10752000 | 6945512 |
|  | Link REIT | 17989820 | 93684059 |
|  | Prosperity REIT | 12113000 | 2181752 |
| \* | Regal Real Estate <br> Investment Trust<br>| 9834000 | 494441 |
| # | SF Real Estate <br> Investment Trust<br>| 697000 | 253222 |

---

------

**DFA International Real Estate Securities Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Sunlight Real Estate <br> Investment Trust<br>| 9090000 | $2758917 |
| TOTAL HONG KONG | TOTAL HONG KONG |  | 111283180 |
| INDIA — (0.2%) | INDIA — (0.2%) | INDIA — (0.2%) | INDIA — (0.2%) |
| Ω | Brookfield India Real <br> Estate Trust<br>| 408458 | 1578370 |
|  | Embassy Office Parks <br> REIT<br>| 860677 | 4149228 |
| Ω | Mindspace Business <br> Parks REIT<br>| 286045 | 1497393 |
|  | Nexus Select Trust | 104382 | 191036 |
| TOTAL INDIA | TOTAL INDIA |  | 7416027 |
| IRELAND — (0.1%) | IRELAND — (0.1%) | IRELAND — (0.1%) | IRELAND — (0.1%) |
|  | Irish Residential <br> Properties REIT <br> PLC<br>| 3843406 | 4109925 |
| ITALY — (0.1%) | ITALY — (0.1%) | ITALY — (0.1%) | ITALY — (0.1%) |
|  | Immobiliare Grande <br> Distribuzione SIIQ <br> SpA<br>| 366559 | 1485924 |
| JAPAN — (20.7%) | JAPAN — (20.7%) | JAPAN — (20.7%) | JAPAN — (20.7%) |
|  | Activia Properties, <br> Inc.<br>| 13173 | 12052879 |
|  | Advance Residence <br> Investment Corp.<br>| 20309 | 21981935 |
|  | AEON REIT <br> Investment Corp.<br>| 11478 | 9717574 |
|  | Comforia Residential <br> REIT, Inc.<br>| 4761 | 10039500 |
| # | CRE Logistics REIT, <br> Inc.<br>| 4009 | 4084748 |
|  | Daiwa House REIT <br> Investment Corp.<br>| 31910 | 27498406 |
|  | Daiwa Office <br> Investment Corp.<br>| 3739 | 9152559 |
|  | Daiwa Securities <br> Living Investments <br> Corp.<br>| 13928 | 9978389 |
|  | ESCON Japan REIT <br> Investment Corp.<br>| 2180 | 1746941 |
|  | Frontier Real Estate <br> Investment Corp.<br>| 17849 | 10484088 |
|  | Fukuoka REIT Corp. | 5010 | 6144088 |
|  | Global One Real <br> Estate Investment <br> Corp.<br>| 6900 | 6344123 |
|  | GLP J-Reit | 31675 | 28714762 |
|  | Hankyu Hanshin REIT, <br> Inc.<br>| 4412 | 5074537 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Health Care & Medical <br> Investment Corp.<br>| 2596 | $1939804 |
|  | Heiwa Real Estate <br> REIT, Inc.<br>| 7180 | 7189051 |
| # | Hoshino Resorts <br> REIT, Inc.<br>| 4095 | 6843007 |
|  | Hulic Reit, Inc. | 9140 | 10172876 |
|  | Ichigo Hotel REIT <br> Investment Corp.<br>| 1455 | 1241637 |
| # | Ichigo Office REIT <br> Investment Corp.<br>| 7059 | 4347680 |
|  | Industrial & <br> Infrastructure Fund <br> Investment Corp.<br>| 14754 | 13707990 |
|  | Invincible Investment <br> Corp.<br>| 53766 | 24022302 |
|  | Japan Excellent, Inc. | 8130 | 7759756 |
|  | Japan Hotel REIT <br> Investment Corp.<br>| 35626 | 20753710 |
|  | Japan Logistics Fund, <br> Inc.<br>| 17556 | 11367224 |
|  | Japan Metropolitan <br> Fund Invest<br>| 50353 | 38951667 |
|  | Japan Prime Realty <br> Investment Corp.<br>| 23992 | 16320852 |
|  | Japan Real Estate <br> Investment Corp.<br>| 44489 | 36693312 |
|  | KDX Realty <br> Investment Corp.<br>| 28822 | 31910990 |
|  | LaSalle Logiport REIT | 12878 | 12469625 |
|  | Marimo Regional <br> Revitalization REIT, <br> Inc.<br>| 1622 | 1161105 |
| # | Mirai Corp. | 13106 | 4105400 |
|  | Mitsubishi Estate <br> Logistics REIT <br> Investment Corp.<br>| 10077 | 8073402 |
|  | Mitsui Fudosan <br> Accommodations <br> Fund, Inc.<br>| 16069 | 13541865 |
|  | Mitsui Fudosan <br> Logistics Park, Inc.<br>| 21724 | 15746659 |
|  | Mori Hills REIT <br> Investment Corp.<br>| 9967 | 9454318 |
|  | Mori Trust Reit, Inc. | 18885 | 9523282 |
| # | Nippon Building Fund, <br> Inc.<br>| 54938 | 50705842 |
|  | Nippon Hotel & <br> Residential <br> Investment Corp.<br>| 1804 | 953942 |
|  | Nippon Prologis REIT, <br> Inc.<br>| 48018 | 27928608 |

---

------

**DFA International Real Estate Securities Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | NIPPON REIT <br> Investment Corp.<br>| 12165 | $7681350 |
|  | Nomura Real Estate <br> Master Fund, Inc.<br>| 28029 | 29906759 |
| # | NTT UD REIT <br> Investment Corp.<br>| 10388 | 9198830 |
|  | One REIT, Inc. | 4995 | 2893903 |
|  | Orix JREIT, Inc. | 37564 | 25426320 |
|  | Samty Residential <br> Investment Corp.<br>| 2720 | 1989823 |
|  | Sankei Real Estate, <br> Inc.<br>| 3233 | 2069679 |
| # | Sekisui House Reit, <br> Inc.<br>| 28785 | 14814744 |
|  | SOSiLA Logistics <br> REIT, Inc.<br>| 4908 | 3929051 |
|  | Star Asia Investment <br> Corp.<br>| 17715 | 7050467 |
|  | Starts Proceed <br> Investment Corp.<br>| 1599 | 2098917 |
|  | Takara Leben Real <br> Estate Investment <br> Corp.<br>| 5302 | 3196603 |
|  | Tokyu REIT, Inc. | 5629 | 7225104 |
| # | Tosei REIT Investment <br> Corp.<br>| 2216 | 2101463 |
|  | United Urban <br> Investment Corp.<br>| 20496 | 24805623 |
|  | XYMAX REIT <br> Investment Corp.<br>| 1778 | 1357209 |
| TOTAL JAPAN | TOTAL JAPAN |  | 695646280 |
| MALAYSIA — (0.8%) | MALAYSIA — (0.8%) | MALAYSIA — (0.8%) | MALAYSIA — (0.8%) |
|  | Al-'Aqar Healthcare <br> REIT<br>| 295700 | 90356 |
| # | Axis Real Estate <br> Investment Trust<br>| 9117520 | 4681296 |
|  | Capitaland Malaysia <br> Trust<br>| 13052815 | 1949744 |
|  | IGB Real Estate <br> Investment Trust<br>| 10385700 | 6671733 |
| # | KIP REIT | 535800 | 112516 |
| # | KLCCP Stapled <br> Group<br>| 2323900 | 4829290 |
| # | Pavilion Real Estate <br> Investment Trust<br>| 4975100 | 2198184 |
|  | Sunway Real Estate <br> Investment Trust<br>| 11533200 | 5785841 |
| # | YTL Hospitality REIT | 4793600 | 1281663 |
| TOTAL MALAYSIA | TOTAL MALAYSIA |  | 27600623 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (2.6%) | MEXICO — (2.6%) | MEXICO — (2.6%) | MEXICO — (2.6%) |
|  | Asesor de Activos <br> Prisma SAPI de <br> CV<br>| 8188318 | $2097930 |
| # | Concentradora Fibra <br> Danhos SA de CV<br>| 2348196 | 3652763 |
| Ω | Concentradora Fibra <br> Hotelera Mexicana <br> SA de CV<br>| 4227043 | 1915747 |
| #Ω | FIBRA Macquarie <br> Mexico<br>| 11017312 | 17802282 |
|  | Fibra MTY SAPI de <br> CV<br>| 33987 | 26197 |
|  | Fibra Shop Portafolios <br> Inmobiliarios SAPI <br> de CV<br>| 1492850 | 691845 |
|  | Fibra Uno <br> Administracion SA <br> de CV<br>| 19187043 | 27956684 |
| # | Prologis Property <br> Mexico SA de CV<br>| 8507558 | 34101669 |
| TOTAL MEXICO | TOTAL MEXICO |  | 88245117 |
| NETHERLANDS — (0.6%) | NETHERLANDS — (0.6%) | NETHERLANDS — (0.6%) | NETHERLANDS — (0.6%) |
|  | Eurocommercial <br> Properties NV<br>| 414069 | 12364135 |
|  | NSI NV | 149458 | 3522781 |
|  | Wereldhave NV | 257433 | 5467928 |
| TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 21354844 |
| NEW ZEALAND — (1.6%) | NEW ZEALAND — (1.6%) | NEW ZEALAND — (1.6%) | NEW ZEALAND — (1.6%) |
| # | Argosy Property Ltd. | 8712952 | 6400995 |
|  | Goodman Property <br> Trust<br>| 10403503 | 12615473 |
|  | Kiwi Property Group <br> Ltd.<br>| 16656488 | 10295467 |
|  | Precinct Properties <br> Group<br>| 13933523 | 9887503 |
| # | Property for Industry <br> Ltd.<br>| 3374328 | 4902012 |
|  | Stride Property Group | 4095372 | 3447781 |
|  | Vital Healthcare <br> Property Trust<br>| 4516078 | 5761754 |
| TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 53310985 |
| PHILIPPINES — (0.1%) | PHILIPPINES — (0.1%) | PHILIPPINES — (0.1%) | PHILIPPINES — (0.1%) |
|  | AREIT, Inc. | 2268300 | 1653300 |
|  | DDMP Reit, Inc. | 7381000 | 130532 |
|  | MREIT, Inc. | 2964900 | 692433 |
| TOTAL PHILIPPINES | TOTAL PHILIPPINES |  | 2476265 |
| SAUDI ARABIA — (0.1%) | SAUDI ARABIA — (0.1%) | SAUDI ARABIA — (0.1%) | SAUDI ARABIA — (0.1%) |
|  | Al Rajhi REIT | 775713 | 1735575 |

---

------

**DFA International Real Estate Securities Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Derayah REIT | 124460 | $190216 |
|  | Jadwa REIT Saudi <br> Fund<br>| 394730 | 1162872 |
|  | Riyad REIT Fund | 468851 | 656158 |
| TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA |  | 3744821 |
| SINGAPORE — (11.1%) | SINGAPORE — (11.1%) | SINGAPORE — (11.1%) | SINGAPORE — (11.1%) |
|  | Acrophyte Hospitality <br> Trust<br>| 143100 | 38482 |
|  | AIMS APAC REIT | 5229654 | 5544775 |
|  | CapitaLand Ascendas <br> REIT<br>| 27062980 | 58592225 |
|  | CapitaLand Ascott <br> Trust<br>| 18597821 | 13486707 |
| # | CapitaLand China <br> Trust<br>| 8664400 | 5318861 |
|  | CapitaLand Integrated <br> Commercial Trust<br>| 41434491 | 75327465 |
| # | CDL Hospitality <br> Trusts<br>| 7302980 | 4626838 |
|  | Daiwa House <br> Logistics Trust<br>| 386500 | 170662 |
|  | Digital Core REIT <br> Management Pte. <br> Ltd.<br>| 1034600 | 532797 |
| #\*†† | EC World Real Estate <br> Investment Trust<br>| 2427600 | 93254 |
|  | ESR-REIT | 4973454 | 10924901 |
|  | Far East Hospitality <br> Trust<br>| 8882721 | 4126541 |
|  | First Real Estate <br> Investment Trust<br>| 16008903 | 3443218 |
|  | Frasers Centrepoint <br> Trust<br>| 9447916 | 16984371 |
| # | Frasers Logistics & <br> Commercial Trust<br>| 19169932 | 14057867 |
| # | IREIT Global | 2752634 | 612624 |
|  | Keppel DC REIT | 11968573 | 21961541 |
| #\* | Keppel Pacific Oak <br> U.S. REIT<br>| 6793000 | 1557900 |
|  | Keppel REIT | 17933726 | 14470723 |
|  | Lendlease Global <br> Commercial REIT<br>| 12013903 | 5906473 |
| #\* | Lippo Malls Indonesia <br> Retail Trust<br>| 55201179 | 634330 |
| #\* | Manulife U.S. Real <br> Estate Investment <br> Trust<br>| 13384486 | 961354 |
| # | Mapletree Industrial <br> Trust<br>| 14617258 | 23905270 |
|  | Mapletree Logistics <br> Trust<br>| 25139447 | 25870009 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Mapletree Pan Asia <br> Commercial Trust<br>| 16490206 | $18244165 |
|  | OUE Real Estate <br> Investment Trust<br>| 14560954 | 3861226 |
|  | Parkway Life Real <br> Estate Investment <br> Trust<br>| 3131700 | 9863534 |
|  | Prime U.S. REIT | 4794400 | 937363 |
|  | Sabana Industrial <br> Real Estate <br> Investment Trust<br>| 7626097 | 2809469 |
|  | Sasseur Real Estate <br> Investment Trust<br>| 4096300 | 2176141 |
|  | Starhill Global REIT | 20654826 | 9209916 |
|  | Suntec Real Estate <br> Investment Trust<br>| 14949200 | 15389946 |
|  | United Hampshire <br> U.S. REIT<br>| 228317 | 111798 |
| TOTAL SINGAPORE | TOTAL SINGAPORE |  | 371752746 |
| SOUTH AFRICA — (2.5%) | SOUTH AFRICA — (2.5%) | SOUTH AFRICA — (2.5%) | SOUTH AFRICA — (2.5%) |
|  | Attacq Ltd. | 4078664 | 3564833 |
|  | Burstone Group Ltd. | 5083326 | 2652474 |
|  | Emira Property Fund <br> Ltd.<br>| 390417 | 306237 |
| # | Equites Property Fund <br> Ltd.<br>| 6048984 | 5896572 |
|  | Fairvest Ltd., Class B | 7802020 | 2810169 |
|  | Growthpoint <br> Properties Ltd.<br>| 24107527 | 22666715 |
|  | Hyprop Investments <br> Ltd.<br>| 2654015 | 7870297 |
|  | Octodec Investments <br> Ltd.<br>| 555360 | 409537 |
|  | Redefine Properties <br> Ltd.<br>| 47508736 | 14801768 |
|  | Resilient REIT Ltd. | 2088168 | 8510468 |
| # | SA Corporate Real <br> Estate Ltd.<br>| 20959626 | 3976113 |
| # | Stor-Age Property <br> REIT Ltd.<br>| 817922 | 797322 |
|  | Vukile Property Fund <br> Ltd.<br>| 8247425 | 10778133 |
| TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA |  | 85040638 |
| SOUTH KOREA — (0.5%) | SOUTH KOREA — (0.5%) | SOUTH KOREA — (0.5%) | SOUTH KOREA — (0.5%) |
|  | D&D Platform REIT <br> Co. Ltd.<br>| 108437 | 261848 |
|  | E KOCREF CR-REIT <br> Co. Ltd.<br>| 271396 | 900199 |
|  | ESR Kendall Square <br> REIT Co. Ltd.<br>| 460018 | 1406572 |

---

------

**DFA International Real Estate Securities Portfolio**

**CONTINUED**

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| IGIS Residence REIT <br> Co. Ltd.<br>| 192431 | $536730 |
| IGIS Value Plus REIT <br> Co. Ltd.<br>| 395208 | 1230545 |
| JR Global Reit | 1230187 | 2485961 |
| KB Star Real Estate <br> Investment Trust, <br> Inc.<br>| 174952 | 490469 |
| Koramco Life Infra <br> Reit Co. Ltd.<br>| 521683 | 1593707 |
| Koramco One REIT | 2858 | 14218 |
| LOTTE REIT Co. Ltd. | 665098 | 1798589 |
| Mirae Asset Global <br> REIT Co. Ltd.<br>| 184434 | 339782 |
| Miraeasset Maps <br> Reit1 Co. Ltd.<br>| 69520 | 131734 |
| NH All-One REIT Co. <br> Ltd.<br>| 213542 | 508549 |
| Shinhan Alpha REIT <br> Co. Ltd.<br>| 692969 | 2703042 |
| Shinhan Seobu T&D <br> REIT Co. Ltd.<br>| 125992 | 307752 |
| SK REITs Co. Ltd. | 760665 | 2824504 |
| TOTAL SOUTH KOREA |  | 17534201 |
| SPAIN — (1.6%) | SPAIN — (1.6%) | SPAIN — (1.6%) |
| Colonial SFL Socimi <br> SA (COL SM)<br>| 2043707 | 12932101 |
| Merlin Properties <br> Socimi SA<br>| 2571484 | 40059262 |
| TOTAL SPAIN |  | 52991363 |
| TAIWAN — (0.3%) | TAIWAN — (0.3%) | TAIWAN — (0.3%) |
| Cathay No. 1 REIT | 10846000 | 5138325 |
| Cathay No. 2 REIT | 4142000 | 1900563 |
| Fubon No. 1 REIT | 1308000 | 526964 |
| Fubon No. 2 REIT | 4032000 | 1465966 |
| TOTAL TAIWAN |  | 9031818 |
| THAILAND — (0.1%) | THAILAND — (0.1%) | THAILAND — (0.1%) |
| CPN Retail Growth <br> Leasehold REIT<br>| 39000 | 13750 |
| Frasers Property <br> Thailand Industrial <br> Freehold & <br> Leasehold REIT<br>| 3656600 | 1187391 |
| IMPACT Growth Real <br> Estate Investment <br> Trust<br>| 1884600 | 582836 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | WHA Premium Growth <br> Freehold & <br> Leasehold Real <br> Estate <br> InvestmentTrust, <br> Class F<br>| 3769400 | $1130762 |
| TOTAL THAILAND | TOTAL THAILAND |  | 2914739 |
| TURKEY — (0.9%) | TURKEY — (0.9%) | TURKEY — (0.9%) | TURKEY — (0.9%) |
| \* | Adra Gayrimenkul <br> Yatirim Ortakligi AS<br>| 23468 | 28292 |
| \* | Akfen Gayrimenkul <br> Yatirim Ortakligi AS<br>| 4623948 | 296519 |
|  | AKIS Gayrimenkul <br> Yatirimi AS<br>| 7594071 | 1426555 |
|  | Akmerkez <br> Gayrimenkul Yatirim <br> Ortakligi AS<br>| 54504 | 300552 |
| \* | Alarko Gayrimenkul <br> Yatirim Ortakligi AS<br>| 681734 | 432542 |
| \* | Asce Gayrimenkul <br> Yatirim Ortakligi AS<br>| 143748 | 39970 |
| # | Emlak Konut <br> Gayrimenkul Yatirim <br> Ortakligi AS<br>| 14643631 | 7018821 |
|  | Halk Gayrimenkul <br> Yatirim Ortakligi AS<br>| 3575932 | 365149 |
| \* | Is Gayrimenkul Yatirim <br> Ortakligi AS<br>| 2838436 | 1325114 |
| \* | Kiler Gayrimenkul <br> Yatirim Ortakligi AS<br>| 3395425 | 522147 |
| #\* | Kuyumcukent <br> Gayrimenkul <br> Yatirimlari AS<br>| 2429896 | 2942412 |
| \* | Ozak Gayrimenkul <br> Yatirim Ortakligi<br>| 2308977 | 761829 |
|  | Panora Gayrimenkul <br> Yatirim Ortakligi<br>| 422096 | 931594 |
| \* | Reysas Gayrimenkul <br> Yatirim Ortakligi AS<br>| 3814213 | 1869773 |
| \* | Servet Gayrimenkul <br> Yatirim Ortakligi AS<br>| 6285891 | 473044 |
| \* | Tera Yatirim Teknoloji <br> Holding AS<br>| 3876776 | 3805034 |
|  | Torunlar Gayrimenkul <br> Yatirim Ortakligi AS<br>| 1266010 | 2310505 |
| \* | Vakif Gayrimenkul <br> Yatirim Ortakligi AS<br>| 9177362 | 549413 |
|  | Yeni Gimat <br> Gayrimenkul <br> Ortakligi AS<br>| 1017114 | 3325063 |

---

------

**DFA International Real Estate Securities Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| \* | Yesil Gayrimenkul <br> Yatirim Ortakligi AS<br>| 1209895 | $58211 |
| TOTAL TURKEY | TOTAL TURKEY |  | 28782539 |
| UNITED KINGDOM — (11.9%) | UNITED KINGDOM — (11.9%) | UNITED KINGDOM — (11.9%) | UNITED KINGDOM — (11.9%) |
|  | abrdn Property <br> Income Trust Ltd.<br>| 3627036 | 241701 |
|  | AEW U.K. REIT PLC | 203839 | 278521 |
|  | Big Yellow Group <br> PLC<br>| 1295000 | 18941825 |
|  | British Land Co. PLC | 6941649 | 34669771 |
|  | CLS Holdings PLC | 1088797 | 856126 |
|  | Custodian Property <br> Income REIT PLC<br>| 3255497 | 3438084 |
|  | Derwent London PLC | 735406 | 17028656 |
|  | Empiric Student <br> Property PLC<br>| 4645446 | 4757657 |
|  | Great Portland <br> Estates PLC<br>| 2409970 | 10549872 |
|  | Hammerson PLC | 3163729 | 12695153 |
|  | Helical PLC | 145579 | 398985 |
|  | Land Securities Group <br> PLC<br>| 4776261 | 39034410 |
|  | LondonMetric Property <br> PLC<br>| 16111502 | 40307826 |
|  | NewRiver REIT PLC | 3335097 | 3072796 |
|  | Palace Capital PLC | 20317 | 57664 |
|  | Picton Property <br> Income Ltd.<br>| 1637602 | 1681842 |
|  | Primary Health <br> Properties PLC<br>| 16407012 | 20200194 |
|  | PRS REIT PLC | 2255944 | 3306330 |
| Ω | Regional REIT Ltd. | 1188813 | 1659805 |
| Ω | Residential Secure <br> Income PLC<br>| 250086 | 190152 |
|  | Safestore Holdings <br> PLC<br>| 1541099 | 14485993 |
|  | Schroder European <br> Real Estate <br> Investment Trust <br> PLC<br>| 105100 | 86636 |
|  | Schroder Real Estate <br> Investment Trust <br> Ltd.<br>| 4533322 | 3246837 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Segro PLC | 8847372 | $81186696 |
|  | Shaftesbury Capital <br> PLC<br>| 9642213 | 17811739 |
|  | Sirius Real Estate <br> Ltd.<br>| 4029190 | 5291171 |
| Ω | Social Housing Reit <br> PLC<br>| 982585 | 877728 |
|  | Supermarket Income <br> REIT PLC<br>| 2588433 | 2693482 |
|  | Target Healthcare <br> REIT PLC<br>| 4581747 | 5679066 |
|  | Town Centre <br> Securities PLC<br>| 222 | 388 |
|  | Tritax Big Box REIT <br> PLC<br>| 15782051 | 31154649 |
|  | UNITE Group PLC | 2736314 | 20410760 |
|  | Workspace Group <br> PLC<br>| 1029108 | 5654147 |
| TOTAL UNITED <br> KINGDOM | TOTAL UNITED <br> KINGDOM |  | 401946662 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 3297724662 |
| RIGHTS/WARRANTS — (0.1%) | RIGHTS/WARRANTS — (0.1%) | RIGHTS/WARRANTS — (0.1%) | RIGHTS/WARRANTS — (0.1%) |
| TURKEY — (0.1%) | TURKEY — (0.1%) | TURKEY — (0.1%) | TURKEY — (0.1%) |
| \* | Tera Yatirim Teknoloji <br> Holding AS Rights <br> 11/04/2025<br>| 3876776 | 3705864 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $2,925,990,287) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $2,925,990,287) |  | 3301430526 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | **Value†** |
| SECURITIES LENDING COLLATERAL — (1.9%) | SECURITIES LENDING COLLATERAL — (1.9%) | SECURITIES LENDING COLLATERAL — (1.9%) | SECURITIES LENDING COLLATERAL — (1.9%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 5555481 | 64260254 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $2,990,250,541) | (Cost $2,990,250,541) |  | $3365690780 |

---

------

**DFA International Real Estate Securities Portfolio**

**CONTINUED**

As of October 31, 2025, DFA International Real Estate Securities Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 59 | 12/19/25 | &nbsp;&nbsp; $19796129 | &nbsp;&nbsp; $20278300 | &nbsp;&nbsp; $482171 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$19796129** | &nbsp;&nbsp; **$20278300** | &nbsp;&nbsp; **$482171** |

---

As of October 31, 2025, the value of Rule 144A securities amounted to $26,748,900 or 0.8% of net assets.

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Australia | &nbsp;&nbsp; — | &nbsp;&nbsp; $822348536 | &nbsp;&nbsp; $6827 | &nbsp;&nbsp; $822355363 |
| Belgium | &nbsp;&nbsp; — | &nbsp;&nbsp; 125099326 | &nbsp;&nbsp; — | &nbsp;&nbsp; 125099326 |
| Canada | &nbsp;&nbsp; $134800953 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 134800953 |
| China | &nbsp;&nbsp; — | &nbsp;&nbsp; 3089324 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3089324 |
| France | &nbsp;&nbsp; — | &nbsp;&nbsp; 222047036 | &nbsp;&nbsp; — | &nbsp;&nbsp; 222047036 |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 3663963 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3663963 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 111283180 | &nbsp;&nbsp; — | &nbsp;&nbsp; 111283180 |
| India | &nbsp;&nbsp; — | &nbsp;&nbsp; 7416027 | &nbsp;&nbsp; — | &nbsp;&nbsp; 7416027 |
| Ireland | &nbsp;&nbsp; — | &nbsp;&nbsp; 4109925 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4109925 |
| Italy | &nbsp;&nbsp; — | &nbsp;&nbsp; 1485924 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1485924 |
| Japan | &nbsp;&nbsp; — | &nbsp;&nbsp; 695646280 | &nbsp;&nbsp; — | &nbsp;&nbsp; 695646280 |
| Malaysia | &nbsp;&nbsp; — | &nbsp;&nbsp; 27600623 | &nbsp;&nbsp; — | &nbsp;&nbsp; 27600623 |
| Mexico | &nbsp;&nbsp; 88245117 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 88245117 |
| Netherlands | &nbsp;&nbsp; — | &nbsp;&nbsp; 21354844 | &nbsp;&nbsp; — | &nbsp;&nbsp; 21354844 |
| New Zealand | &nbsp;&nbsp; — | &nbsp;&nbsp; 53310985 | &nbsp;&nbsp; — | &nbsp;&nbsp; 53310985 |
| Philippines | &nbsp;&nbsp; — | &nbsp;&nbsp; 2476265 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2476265 |
| Saudi Arabia | &nbsp;&nbsp; — | &nbsp;&nbsp; 3744821 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3744821 |
| Singapore | &nbsp;&nbsp; — | &nbsp;&nbsp; 371659492 | &nbsp;&nbsp; 93254 | &nbsp;&nbsp; 371752746 |
| South Africa | &nbsp;&nbsp; — | &nbsp;&nbsp; 85040638 | &nbsp;&nbsp; — | &nbsp;&nbsp; 85040638 |
| South Korea | &nbsp;&nbsp; — | &nbsp;&nbsp; 17534201 | &nbsp;&nbsp; — | &nbsp;&nbsp; 17534201 |
| Spain | &nbsp;&nbsp; — | &nbsp;&nbsp; 52991363 | &nbsp;&nbsp; — | &nbsp;&nbsp; 52991363 |
| Taiwan | &nbsp;&nbsp; — | &nbsp;&nbsp; 9031818 | &nbsp;&nbsp; — | &nbsp;&nbsp; 9031818 |
| Thailand | &nbsp;&nbsp; 13750 | &nbsp;&nbsp; 2900989 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2914739 |
| Turkey | &nbsp;&nbsp; — | &nbsp;&nbsp; 28782539 | &nbsp;&nbsp; — | &nbsp;&nbsp; 28782539 |
| United Kingdom | &nbsp;&nbsp; — | &nbsp;&nbsp; 401946662 | &nbsp;&nbsp; — | &nbsp;&nbsp; 401946662 |
| Rights/Warrants |  |  |  |  |
| Turkey | &nbsp;&nbsp; — | &nbsp;&nbsp; 3705864 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3705864 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 64260254 | &nbsp;&nbsp; — | &nbsp;&nbsp; 64260254 |
| Total Investments in Securities | &nbsp;&nbsp; $223059820 | &nbsp;&nbsp; $3142530879 | &nbsp;&nbsp; $100,081˂˃ | &nbsp;&nbsp; $3365690780 |

---

------

**DFA International Real Estate Securities Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; $482171 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $482171 |
| Total Financial Instruments | &nbsp;&nbsp; $482171 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $482171 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**DFA Global Real Estate Securities Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| COMMON STOCKS — (69.5%) | COMMON STOCKS — (69.5%) | COMMON STOCKS — (69.5%) | COMMON STOCKS — (69.5%) |
| UNITED STATES — (69.5%) | UNITED STATES — (69.5%) | UNITED STATES — (69.5%) | UNITED STATES — (69.5%) |
| # | Acadia Realty Trust | 505884 | $9647208 |
| # | Agree Realty Corp. | 425189 | 31043049 |
|  | Alexander & Baldwin, <br> Inc.<br>| 36199 | 578098 |
|  | Alexander's, Inc. | 8916 | 1969812 |
|  | Alexandria Real Estate <br> Equities, Inc.<br>| 598137 | 34823536 |
|  | Alpine Income Property <br> Trust, Inc.<br>| 38158 | 560159 |
|  | American Assets Trust, <br> Inc.<br>| 186714 | 3568105 |
|  | American Healthcare <br> REIT, Inc.<br>| 99630 | 4515232 |
|  | American Homes 4 <br> Rent, Class A<br>| 1288307 | 40710501 |
|  | American Tower Corp. | 1810217 | 323992639 |
| # | Americold Realty Trust, <br> Inc.<br>| 1024697 | 13208344 |
|  | Apartment Investment <br> & Management Co., <br> Class A<br>| 512133 | 2724548 |
| # | Apple Hospitality REIT, <br> Inc.<br>| 850013 | 9511645 |
| # | AvalonBay <br> Communities, Inc.<br>| 533885 | 92853279 |
| # | Bluerock Homes Trust, <br> Inc.<br>| 14660 | 144258 |
|  | Braemar Hotels & <br> Resorts, Inc.<br>| 248981 | 634902 |
| # | Brandywine Realty <br> Trust<br>| 644284 | 2209894 |
| # | Brixmor Property <br> Group, Inc.<br>| 1211999 | 31705894 |
|  | Broadstone Net Lease, <br> Inc.<br>| 726805 | 13024346 |
|  | BRT Apartments Corp. | 45644 | 671423 |
| # | BXP, Inc. | 581654 | 41407948 |
|  | Camden Property <br> Trust<br>| 413085 | 41093696 |
|  | CareTrust REIT, Inc. | 819643 | 28400630 |
|  | CBL & Associates <br> Properties, Inc.<br>| 17357 | 513246 |
|  | Centerspace | 65208 | 3863574 |
|  | Chatham Lodging <br> Trust<br>| 175284 | 1121818 |
|  | City Office REIT, Inc. | 107555 | 742130 |
|  | Clipper Realty, Inc. | 24998 | 97242 |
|  | Community Healthcare <br> Trust, Inc.<br>| 110679 | 1622554 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
|  | COPT Defense <br> Properties<br>| 429469 | $12098142 |
|  | Cousins Properties, <br> Inc.<br>| 661604 | 17155392 |
|  | Crown Castle, Inc. | 1679693 | 151541902 |
|  | CTO Realty Growth, <br> Inc.<br>| 112178 | 1871129 |
|  | CubeSmart | 882268 | 33235036 |
| # | Curbline Properties <br> Corp.<br>| 356261 | 8215379 |
|  | DiamondRock <br> Hospitality Co.<br>| 787800 | 6160596 |
|  | Digital Realty Trust, <br> Inc.<br>| 1309214 | 223103158 |
|  | Diversified Healthcare <br> Trust<br>| 614194 | 2616466 |
| # | Douglas Emmett, Inc. | 633094 | 8192236 |
|  | Easterly Government <br> Properties, Inc.<br>| 163799 | 3541334 |
|  | EastGroup Properties, <br> Inc.<br>| 200147 | 34931656 |
|  | Elme Communities | 340361 | 5598938 |
|  | Empire State Realty <br> Trust, Inc., Class A<br>| 553411 | 4089707 |
| # | EPR Properties | 294408 | 14431880 |
|  | Equinix, Inc. | 378335 | 320075193 |
| # | Equity LifeStyle <br> Properties, Inc.<br>| 711717 | 43450323 |
|  | Equity Residential | 1382843 | 82196188 |
|  | Essential Properties <br> Realty Trust, Inc.<br>| 760637 | 22727834 |
|  | Essex Property Trust, <br> Inc.<br>| 249204 | 62742091 |
|  | Extra Space Storage, <br> Inc.<br>| 815949 | 108961857 |
|  | Federal Realty <br> Investment Trust<br>| 306180 | 29451454 |
|  | First Industrial Realty <br> Trust, Inc.<br>| 511665 | 28284841 |
|  | Four Corners Property <br> Trust, Inc.<br>| 391589 | 9257164 |
|  | Franklin Street <br> Properties Corp.<br>| 336293 | 403552 |
|  | Gaming & Leisure <br> Properties, Inc.<br>| 1095309 | 48916500 |
| # | Getty Realty Corp. | 207554 | 5693206 |
| # | Gladstone Commercial <br> Corp.<br>| 175984 | 2011497 |
| # | Global Medical REIT, <br> Inc.<br>| 50018 | 1535553 |
| # | Global Net Lease, Inc. | 742377 | 5656909 |

---

------

**DFA Global Real Estate Securities Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
|  | Healthcare Realty <br> Trust, Inc.<br>| 1268213 | $22472734 |
| # | Healthpeak Properties, <br> Inc.<br>| 2689512 | 48276744 |
| # | Highwoods Properties, <br> Inc.<br>| 393651 | 11270228 |
|  | Host Hotels & Resorts, <br> Inc.<br>| 2601586 | 41677408 |
| #\* | Hudson Pacific <br> Properties, Inc.<br>| 606044 | 1478747 |
| # | Independence Realty <br> Trust, Inc.<br>| 902842 | 14382273 |
|  | Industrial Logistics <br> Properties Trust<br>| 204683 | 1080726 |
|  | Innovative Industrial <br> Properties, Inc.<br>| 102146 | 5122622 |
|  | InvenTrust Properties <br> Corp.<br>| 230092 | 6304521 |
|  | Invitation Homes, Inc. | 2266647 | 63806113 |
|  | Iron Mountain, Inc. | 1138713 | 117230503 |
| # | JBG SMITH <br> Properties<br>| 232746 | 4536220 |
| # | Kilroy Realty Corp. | 417061 | 17620827 |
|  | Kimco Realty Corp. | 2720086 | 56196979 |
|  | Kite Realty Group <br> Trust<br>| 867912 | 19215572 |
| # | Lamar Advertising Co., <br> Class A<br>| 336982 | 39962695 |
|  | LTC Properties, Inc. | 172857 | 6063824 |
|  | LXP Industrial Trust | 1128388 | 10708402 |
| # | Macerich Co. | 945683 | 16218463 |
| # | Medical Properties <br> Trust, Inc.<br>| 1938103 | 10019993 |
|  | Mid-America Apartment <br> Communities, Inc.<br>| 451043 | 57837244 |
| # | Modiv Industrial, Inc. | 5722 | 82511 |
|  | National Health <br> Investors, Inc.<br>| 177762 | 13245047 |
| # | National Storage <br> Affiliates Trust<br>| 278758 | 8109070 |
|  | NET Lease Office <br> Properties<br>| 57034 | 1673948 |
| # | NETSTREIT Corp. | 325150 | 6054293 |
|  | NexPoint Residential <br> Trust, Inc.<br>| 84624 | 2595418 |
|  | NNN REIT, Inc. | 737136 | 29824523 |
|  | Omega Healthcare <br> Investors, Inc.<br>| 1110061 | 46655864 |
|  | One Liberty Properties, <br> Inc.<br>| 68945 | 1385105 |
| # | Orion Properties, Inc. | 243170 | 600630 |
|  | Outfront Media, Inc. | 527147 | 9325228 |
| \* | Paramount Group, Inc. | 481933 | 3151842 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
|  | Park Hotels & Resorts, <br> Inc.<br>| 736522 | $7578811 |
|  | Peakstone Realty <br> Trust<br>| 7891 | 106607 |
| # | Pebblebrook Hotel <br> Trust<br>| 440047 | 4602892 |
|  | Phillips Edison & Co., <br> Inc.<br>| 436156 | 14759519 |
|  | Piedmont Realty Trust, <br> Inc.<br>| 467937 | 3771572 |
|  | Plymouth Industrial <br> REIT, Inc.<br>| 153104 | 3368288 |
|  | Postal Realty Trust, <br> Inc., Class A<br>| 78873 | 1168109 |
|  | Prologis, Inc. | 3584508 | 444801598 |
|  | Public Storage | 611141 | 170239437 |
| # | Realty Income Corp. | 3571467 | 207073648 |
| # | Regency Centers <br> Corp.<br>| 657531 | 45336762 |
| # | Rexford Industrial <br> Realty, Inc.<br>| 897660 | 37091311 |
| # | RLJ Lodging Trust | 595892 | 4052066 |
| # | Ryman Hospitality <br> Properties, Inc.<br>| 223951 | 19463581 |
|  | Sabra Health Care <br> REIT, Inc.<br>| 897051 | 15985449 |
|  | Saul Centers, Inc. | 50924 | 1507860 |
|  | SBA Communications <br> Corp.<br>| 413523 | 79181384 |
|  | Service Properties <br> Trust<br>| 570870 | 1221662 |
| # | Sila Realty Trust, Inc. | 38414 | 910412 |
|  | Simon Property Group, <br> Inc.<br>| 1202137 | 211287599 |
|  | SITE Centers Corp. | 172143 | 1261808 |
| # | SL Green Realty Corp. | 268183 | 13771197 |
| # | STAG Industrial, Inc. | 668775 | 25594019 |
|  | Summit Hotel <br> Properties, Inc.<br>| 439019 | 2256558 |
|  | Sun Communities, Inc. | 487724 | 61745858 |
|  | Sunstone Hotel <br> Investors, Inc.<br>| 675343 | 5976786 |
|  | Tanger, Inc. | 421892 | 13736804 |
|  | Terreno Realty Corp. | 390255 | 22295268 |
| # | UDR, Inc. | 1174921 | 39583088 |
|  | UMH Properties, Inc. | 316617 | 4603611 |
| \* | Uniti Group, Inc. | 330827 | 1905564 |
|  | Universal Health <br> Realty Income Trust<br>| 52764 | 2016640 |
|  | Urban Edge <br> Properties<br>| 472736 | 9090713 |
|  | Ventas, Inc. | 1758896 | 129788936 |
|  | Veris Residential, Inc. | 321100 | 4610996 |
|  | VICI Properties, Inc. | 4065319 | 121918917 |

---

------

**DFA Global Real Estate Securities Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) | UNITED STATES — (Continued) |
| # | Vornado Realty Trust | 602270 | $22850124 |
|  | Welltower, Inc. | 2434245 | 440695715 |
|  | Whitestone REIT | 169764 | 2128841 |
|  | WP Carey, Inc. | 845603 | 55809798 |
|  | Xenia Hotels & <br> Resorts, Inc.<br>| 358570 | 4410411 |
| TOTAL UNITED STATES | TOTAL UNITED STATES |  | 4988853359 |
| AFFILIATED INVESTMENT COMPANIES — (27.8%) | AFFILIATED INVESTMENT COMPANIES — (27.8%) | AFFILIATED INVESTMENT COMPANIES — (27.8%) | AFFILIATED INVESTMENT COMPANIES — (27.8%) |
| UNITED STATES — (27.8%) | UNITED STATES — (27.8%) | UNITED STATES — (27.8%) | UNITED STATES — (27.8%) |
|  | Investment in DFA <br> International Real <br> Estate Securities <br> Portfolio <br>| 499746400 | 1993988136 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $6,149,009,889) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $6,149,009,889) |  | 6982841495 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| SECURITIES LENDING COLLATERAL — (2.7%) | SECURITIES LENDING COLLATERAL — (2.7%) | SECURITIES LENDING COLLATERAL — (2.7%) | SECURITIES LENDING COLLATERAL — (2.7%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 17065086 | $197391846 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $6,346,401,735) | (Cost $6,346,401,735) |  | $7180233341 |

---

As of October 31, 2025, DFA Global Real Estate Securities Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 176 | 12/19/25 | &nbsp;&nbsp; $58694739 | &nbsp;&nbsp; $60491200 | &nbsp;&nbsp; $1796461 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$58694739** | &nbsp;&nbsp; **$60491200** | &nbsp;&nbsp; **$1796461** |

---

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| United States | &nbsp;&nbsp; $4988853359 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $4988853359 |
| Affiliated Investment Company | &nbsp;&nbsp; 1993988136 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1993988136 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; $197391846 | &nbsp;&nbsp; — | &nbsp;&nbsp; 197391846 |
| Total Investments in Securities | &nbsp;&nbsp; $6982841495 | &nbsp;&nbsp; $197391846 | &nbsp;&nbsp; — | &nbsp;&nbsp; $7180233341 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 1796461 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1796461 |
| Total Financial Instruments | &nbsp;&nbsp; $1796461 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $1796461 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

See accompanying Notes to Financial Statements.

------

**DFA International Small Cap Value Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (96.9%) | COMMON STOCKS — (96.9%) | COMMON STOCKS — (96.9%) | COMMON STOCKS — (96.9%) |
| AUSTRALIA — (7.5%) | AUSTRALIA — (7.5%) | AUSTRALIA — (7.5%) | AUSTRALIA — (7.5%) |
| #\* | 29Metals Ltd. | 2070791 | $642840 |
|  | Acrow Ltd. | 122 | 90 |
| # | Adairs Ltd. | 1317531 | 1748871 |
| \* | AIC Mines Ltd. | 1484409 | 465674 |
| #\* | Ainsworth Game <br> Technology Ltd.<br>| 814002 | 543492 |
| \* | Alkane Resources <br> Ltd.<br>| 4940279 | 3238745 |
|  | Alliance Aviation <br> Services Ltd.<br>| 48305 | 79963 |
|  | Amotiv Ltd. | 1769601 | 10308094 |
|  | AMP Ltd. | 12812082 | 14947855 |
| \* | Amplitude Energy <br> Ltd.<br>| 23574768 | 3702502 |
|  | Ansell Ltd. | 1390338 | 33215436 |
| #\* | Appen Ltd. | 850929 | 429387 |
| # | ARN Media Ltd. | 882049 | 304826 |
| \* | Aurelia Metals Ltd. | 5802881 | 930025 |
|  | Aurizon Holdings Ltd. | 1559918 | 3499664 |
| \* | Austal Ltd. | 5842051 | 25904524 |
| #\* | Australian Agricultural <br> Co. Ltd.<br>| 1420052 | 1329008 |
| # | Bank of Queensland <br> Ltd.<br>| 8158009 | 36604202 |
| # | Bapcor Ltd. | 1014705 | 1676068 |
| \* | BCI Minerals Ltd. | 1442150 | 363419 |
|  | Beach Energy Ltd. | 15394163 | 12508320 |
|  | Bega Cheese Ltd. | 668549 | 2320374 |
|  | Bell Financial Group <br> Ltd.<br>| 49868 | 41268 |
| #\* | Boss Energy Ltd. | 1916689 | 2487507 |
|  | Capral Ltd. | 33503 | 247456 |
| \* | Carnarvon Energy <br> Ltd.<br>| 729962 | 45817 |
| # | Cedar Woods <br> Properties Ltd.<br>| 917313 | 5422177 |
|  | Challenger Ltd. | 3691163 | 22467907 |
| # | Champion Iron Ltd. | 1216415 | 4399150 |
|  | Civmec Australia Ltd. | 86532 | 82541 |
| # | Corporate Travel <br> Management Ltd.<br>| 617157 | 6489159 |
|  | Credit Corp. Group <br> Ltd.<br>| 594580 | 5577892 |
| \* | Develop Global Ltd. | 152290 | 353597 |
|  | Downer EDI Ltd. | 9975564 | 50386790 |
|  | Dyno Nobel Ltd. | 7373287 | 15516153 |
| \*†† | Elanor Investor Group | 68066 | 6858 |
| # | Elders Ltd. | 2023535 | 9385133 |
|  | Embark Early <br> Education Ltd.<br>| 134881 | 58202 |
| #\* | Emeco Holdings Ltd. | 4125242 | 3235776 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| # | EQT Holdings Ltd. | 31926 | $523934 |
|  | EVT Ltd. | 551193 | 5208017 |
| # | Fenix Resources Ltd. | 543160 | 186556 |
|  | Finbar Group Ltd. | 11796 | 6676 |
| #\* | FleetPartners Group <br> Ltd.<br>| 3171332 | 6058436 |
|  | Fleetwood Ltd. | 1142679 | 2205061 |
|  | G8 Education Ltd. | 8233052 | 4333216 |
|  | GrainCorp Ltd., <br> Class A<br>| 4649634 | 26893616 |
|  | Grange Resources <br> Ltd.<br>| 3618303 | 639222 |
|  | GWA Group Ltd. | 1146039 | 1851611 |
|  | Harvey Norman <br> Holdings Ltd.<br>| 2933946 | 13866106 |
|  | Healius Ltd. | 11314570 | 6585574 |
|  | Helia Group Ltd. | 6335205 | 22344120 |
| # | Humm Group Ltd. | 2266594 | 896047 |
| \* | IGO Ltd. | 3137312 | 11000698 |
|  | Iluka Resources Ltd. | 2925139 | 13225044 |
|  | Imdex Ltd. | 549482 | 1235279 |
| \* | Insignia Financial Ltd. | 7324101 | 21708428 |
| # | Integral Diagnostics <br> Ltd.<br>| 1025148 | 1733674 |
| #\* | ioneer Ltd. | 754293 | 91180 |
| # | IPH Ltd. | 980964 | 2365297 |
|  | IVE Group Ltd. | 1517990 | 2767657 |
| \* | Judo Capital Holdings <br> Ltd.<br>| 4244371 | 4685076 |
| # | Jupiter Mines Ltd. | 6493059 | 1103987 |
| # | Karoon Energy Ltd. | 5238333 | 5513282 |
| # | Kelsian Group Ltd. | 1032587 | 3287503 |
| \* | Kingston Resources <br> Ltd.<br>| 118590 | 9308 |
| # | L1 Group Ltd. | 285146 | 210669 |
|  | Lendlease Corp. Ltd. | 693055 | 2513280 |
|  | Lifestyle Communities <br> Ltd.<br>| 124313 | 420723 |
| # | Maas Group Holdings <br> Ltd.<br>| 18080 | 56097 |
| # | Macmahon Holdings <br> Ltd.<br>| 9618916 | 2953714 |
|  | Magellan Financial <br> Group Ltd.<br>| 2361502 | 14842930 |
| \* | McPherson's Ltd. | 1042 | 174 |
| #\* | Metals X Ltd. | 3849304 | 2123806 |
| # | Monash IVF Group <br> Ltd.<br>| 1495509 | 675831 |
|  | MotorCycle Holdings <br> Ltd.<br>| 36157 | 89102 |
| #\* | Mount Gibson Iron <br> Ltd.<br>| 4514268 | 1062943 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| # | Myer Holdings Ltd. | 9269185 | $2392623 |
|  | MyState Ltd. | 1187740 | 3455024 |
|  | Navigator Global <br> Investments Ltd.<br>| 2050605 | 3339089 |
| # | New Hope Corp. Ltd. | 3854431 | 10460896 |
| # | Nickel Industries Ltd. | 19506316 | 9422348 |
|  | Nine Entertainment <br> Co. Holdings Ltd.<br>| 8894613 | 6748652 |
|  | NRW Holdings Ltd. | 6437012 | 20395179 |
| \* | Nufarm Ltd. | 1708355 | 2323282 |
| #\* | OFX Group Ltd. | 42259 | 17035 |
|  | OM Holdings Ltd. | 97211 | 16208 |
|  | oOh!media Ltd. | 3689235 | 3316585 |
|  | Orora Ltd. | 3600742 | 4736480 |
|  | Pacific Current Group <br> Ltd.<br>| 70198 | 472167 |
| \* | Pantoro Gold Ltd. | 40161 | 134126 |
| # | Peet Ltd. | 3011137 | 3766146 |
| # | Pepper Money Ltd. | 66799 | 97449 |
|  | Perenti Ltd. | 6542178 | 11587171 |
|  | Perpetual Ltd. | 69804 | 875553 |
|  | Perseus Mining Ltd. | 20936943 | 66453198 |
| # | Peter Warren <br> Automotive <br> Holdings Ltd.<br>| 176215 | 215005 |
| \* | PEXA Group Ltd. | 587906 | 5821030 |
| # | Ramelius Resources <br> Ltd.<br>| 10617198 | 22969124 |
|  | Regis Resources Ltd. | 11870980 | 49834417 |
|  | Reliance Worldwide <br> Corp. Ltd.<br>| 6790751 | 18413305 |
| \* | Resolute Mining Ltd. | 38389103 | 23893311 |
| # | Ridley Corp. Ltd. | 4339099 | 8405039 |
| \* | Sandfire Resources <br> Ltd.<br>| 7383273 | 78200005 |
| #\* | Select Harvests Ltd. | 714271 | 1815569 |
|  | Servcorp Ltd. | 197482 | 953488 |
|  | Service Stream Ltd. | 6502857 | 9647330 |
| #\* | Seven West Media <br> Ltd.<br>| 166755 | 15006 |
|  | Shaver Shop Group <br> Ltd.<br>| 1334931 | 1232177 |
| # | Sims Ltd. (SGM AU) | 2897689 | 30228349 |
|  | Solvar Ltd. | 2139530 | 2188316 |
|  | Southern Cross <br> Electrical <br> Engineering Ltd.<br>| 19065 | 30649 |
|  | Southern Cross Media <br> Group Ltd.<br>| 60878 | 33624 |
| \*†† | SpeedCast <br> International Ltd.<br>| 59723 | 0 |
| # | SRG Global Ltd. | 985005 | 1771218 |
| #\* | St Barbara Ltd. | 1182599 | 397988 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Stanmore Resources <br> Ltd.<br>| 1140644 | $1603093 |
| #\* | Strike Energy Ltd. | 1066926 | 76650 |
|  | Super Retail Group <br> Ltd.<br>| 836684 | 8744476 |
| \* | Superloop Ltd. | 2521151 | 5143608 |
|  | Tabcorp Holdings Ltd. | 16060588 | 11160354 |
|  | Ten Sixty Four Ltd. | 500279 | 36007 |
| # | Treasury Wine <br> Estates Ltd.<br>| 13631 | 53391 |
|  | Tribune Resources <br> Ltd.<br>| 15603 | 67851 |
| \* | Vault Minerals Ltd. | 31398019 | 14927028 |
| Ω | Viva Energy Group <br> Ltd.<br>| 1991943 | 2390997 |
| # | Washington H Soul <br> Pattinson & Co. <br> Ltd.<br>| 911688 | 22401333 |
| \* | Webjet Group Ltd. | 175935 | 96632 |
| #\* | West African <br> Resources Ltd.<br>| 6881484 | 5683764 |
|  | Westgold Resources <br> Ltd.<br>| 5901076 | 20451969 |
| # | Whitehaven Coal Ltd. | 7469306 | 35106492 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 1000258442 |
| AUSTRIA — (0.8%) | AUSTRIA — (0.8%) | AUSTRIA — (0.8%) | AUSTRIA — (0.8%) |
|  | Agrana Beteiligungs <br> AG<br>| 123748 | 1718124 |
| Ω | BAWAG Group AG | 192117 | 24827520 |
|  | EVN AG | 7719 | 225256 |
|  | Mayr Melnhof Karton <br> AG<br>| 564 | 51394 |
|  | Oberbank AG | 16737 | 1466284 |
|  | Palfinger AG | 1225 | 45890 |
|  | Porr AG | 79232 | 2514621 |
| # | SBO AG | 49297 | 1634306 |
|  | Semperit AG Holding | 29332 | 439614 |
|  | Telekom Austria AG | 31736 | 337507 |
|  | UNIQA Insurance <br> Group AG<br>| 309466 | 4546480 |
|  | Vienna Insurance <br> Group AG Wiener <br> Versicherung <br> Gruppe<br>| 466221 | 23913385 |
|  | voestalpine AG | 1058589 | 37692126 |
|  | Wienerberger AG | 479672 | 14238890 |
|  | Zumtobel Group AG | 167291 | 720002 |
| TOTAL AUSTRIA | TOTAL AUSTRIA |  | 114371399 |
| BELGIUM — (1.5%) | BELGIUM — (1.5%) | BELGIUM — (1.5%) | BELGIUM — (1.5%) |
|  | Ackermans & van <br> Haaren NV<br>| 292947 | 72957748 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) |
| \* | AGFA-Gevaert NV | 43741 | $41864 |
|  | Azelis Group NV | 22393 | 264790 |
|  | Bekaert SA | 882197 | 36851825 |
| #\* | bpost SA | 379143 | 919879 |
|  | Cie <br> d'Entreprises CFE<br>| 51978 | 536536 |
|  | CMB Tech NV | 199086 | 1867182 |
|  | Deceuninck NV | 1508679 | 3590955 |
|  | Deme Group NV | 2874 | 434223 |
|  | Econocom Group SA <br> NV<br>| 23550 | 46423 |
| \* | Galapagos NV (GLPG <br> BB)<br>| 129461 | 4103639 |
| \* | Galapagos NV (GLPG <br> NA)<br>| 33766 | 1075034 |
|  | Gimv NV | 269237 | 14538298 |
| #\* | Ontex Group NV | 308717 | 2256715 |
|  | Proximus SADP | 1759701 | 15115420 |
| # | Recticel SA | 319790 | 3150388 |
|  | Sipef NV | 88920 | 7995463 |
|  | Syensqo SA | 200904 | 16583879 |
| # | Tessenderlo Group <br> SA<br>| 212548 | 6420477 |
|  | VGP NV | 72867 | 8418043 |
|  | Viohalco SA | 35319 | 346059 |
| TOTAL BELGIUM | TOTAL BELGIUM |  | 197514840 |
| CANADA — (10.3%) | CANADA — (10.3%) | CANADA — (10.3%) | CANADA — (10.3%) |
| # | Acadian Timber Corp. | 106677 | 1089930 |
| \* | ACT Energy <br> Technologies Ltd.<br>| 4600 | 17383 |
| # | ADENTRA, Inc. | 159582 | 4001639 |
| \* | Advantage Energy <br> Ltd.<br>| 2351631 | 18661476 |
|  | Aecon Group, Inc. | 601452 | 13259346 |
|  | AG Growth <br> International, Inc.<br>| 2100 | 54022 |
|  | AGF Management <br> Ltd., Class B<br>| 1247845 | 12437969 |
| #\* | Aimia, Inc. | 11669 | 23171 |
|  | Alaris Equity Partners <br> Income<br>| 232019 | 3239052 |
|  | Algoma Central Corp. | 307731 | 3817703 |
|  | Andrew Peller Ltd., <br> Class A<br>| 18265 | 64853 |
| \* | Athabasca Oil Corp. | 683302 | 3356708 |
| \* | AutoCanada, Inc. | 27339 | 492962 |
|  | B2Gold Corp. (BTG <br> US)<br>| 12579028 | 55221933 |
|  | B2Gold Corp. (BTO <br> CN)<br>| 2133941 | 9341839 |
| # | Baytex Energy Corp. | 2504274 | 6052896 |
| # | Birchcliff Energy Ltd. | 6164109 | 28742842 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Black Diamond Group <br> Ltd.<br>| 729946 | $7780609 |
| #\* | Bonterra Energy <br> Corp.<br>| 148598 | 383533 |
|  | Boralex, Inc., Class A | 53657 | 1077310 |
| \* | Calfrac Well Services <br> Ltd.<br>| 8902 | 19422 |
|  | Calian Group Ltd. | 11949 | 430234 |
|  | Canaccord Genuity <br> Group, Inc.<br>| 1145857 | 9607699 |
| # | Canadian Tire Corp. <br> Ltd., Class A<br>| 53715 | 6160249 |
| \* | Capstone Copper <br> Corp.<br>| 2121038 | 18933654 |
| # | Cardinal Energy Ltd. | 1245082 | 7084064 |
| # | Cascades, Inc. | 1250879 | 9908571 |
|  | Centerra Gold, Inc. | 4546846 | 53263470 |
|  | CES Energy Solutions <br> Corp.<br>| 1004933 | 6885606 |
| \*†† | Chesswood Group <br> Ltd.<br>| 30800 | 7466 |
|  | Cogeco <br> Communications, <br> Inc.<br>| 172568 | 7857255 |
|  | Cogeco, Inc. | 64677 | 2703656 |
| \* | Conifex Timber, Inc. | 6450 | 1081 |
|  | dentalcorp Holdings <br> Ltd.<br>| 29565 | 229766 |
|  | Dexterra Group, Inc. | 174988 | 1327492 |
|  | Doman Building <br> Materials Group <br> Ltd.<br>| 816029 | 5166545 |
|  | DPM Metals, Inc. | 1976498 | 42276525 |
|  | DREAM Unlimited <br> Corp., Class A<br>| 205764 | 2727278 |
|  | Dynacor Group, Inc. | 37900 | 122681 |
|  | E-L Financial Corp. <br> Ltd.<br>| 640600 | 7426584 |
| \* | Eldorado Gold Corp. <br> (EGO US)<br>| 2188004 | 56100423 |
| \* | Eldorado Gold Corp. <br> (ELD CN)<br>| 609070 | 15611612 |
|  | Empire Co. Ltd., <br> Class A<br>| 139812 | 4749950 |
|  | Enerflex Ltd. (EFX <br> CN)<br>| 261539 | 3291265 |
|  | Enerflex Ltd. (EFXT <br> US)<br>| 181267 | 2282152 |
| \* | Ensign Energy <br> Services, Inc.<br>| 820180 | 1502879 |
| #\* | Enterprise Group, Inc. | 32142 | 30021 |
| # | EQB, Inc. | 400241 | 25531754 |
| #\* | Equinox Gold Corp. <br> (EQX CN)<br>| 120459 | 1323499 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| #\* | Equinox Gold Corp. <br> (EQX US)<br>| 2548382 | $27955751 |
|  | Exco Technologies <br> Ltd.<br>| 394299 | 1838591 |
|  | Firm Capital Mortgage <br> Investment Corp.<br>| 153332 | 1281274 |
|  | First Majestic Silver <br> Corp. (FR CN)<br>| 37 | 473 |
| #\* | Fortuna Mining Corp. <br> (FSM US)<br>| 3595341 | 29733470 |
| \* | Fortuna Mining Corp. <br> (FVI CN)<br>| 1630613 | 13474603 |
| # | Freehold Royalties <br> Ltd.<br>| 77121 | 780255 |
|  | Frontera Energy <br> Corp.<br>| 264788 | 1055338 |
| \* | GoldMoney, Inc. | 7540 | 60748 |
| # | Guardian Capital <br> Group Ltd., Class A<br>| 61626 | 2942125 |
|  | High Liner Foods, <br> Inc.<br>| 269296 | 3256397 |
|  | Hudbay Minerals, Inc. <br> (HBM US)<br>| 5438746 | 87019936 |
| #\* | IAMGOLD Corp. (IAG <br> US)<br>| 2681930 | 31056749 |
| #\* | IAMGOLD Corp. (IMG <br> CN)<br>| 4808973 | 55682665 |
|  | IGM Financial, Inc. | 126731 | 4874790 |
| \* | Imperial Metals Corp. | 14500 | 70817 |
| \* | Interfor Corp. | 292017 | 1646896 |
| \* | Kelt Exploration Ltd. | 1631901 | 7760704 |
| \* | Knight Therapeutics, <br> Inc.<br>| 882663 | 3675271 |
| \* | Kolibri Global Energy, <br> Inc.<br>| 7063 | 30599 |
|  | KP Tissue, Inc. | 7820 | 52578 |
|  | Lassonde Industries, <br> Inc., Class A<br>| 15970 | 2486449 |
| # | Laurentian Bank of <br> Canada<br>| 551424 | 13092167 |
|  | Leon's Furniture Ltd. | 26851 | 559208 |
| #\*†† | Lightstream <br> Resources Ltd.<br>| 2048004 | 0 |
| # | Linamar Corp. | 925104 | 50095646 |
|  | Magellan Aerospace <br> Corp.<br>| 118094 | 1450757 |
| \* | Major Drilling Group <br> International, Inc.<br>| 242859 | 2138468 |
|  | Martinrea <br> International, Inc.<br>| 1633108 | 11783575 |
| \* | Mattr Corp. | 420088 | 3276719 |
| \* | MDA Space Ltd. | 13 | 254 |
|  | Melcor Developments <br> Ltd.<br>| 132225 | 1390552 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Methanex Corp. <br> (MEOH US)<br>| 316854 | $12458699 |
| # | Methanex Corp. (MX <br> CN)<br>| 71170 | 2801030 |
| # | MTY Food Group, <br> Inc.<br>| 158684 | 3828645 |
| # | Mullen Group Ltd. | 1343555 | 13506916 |
|  | Neo Performance <br> Materials, Inc.<br>| 37026 | 510558 |
|  | North American <br> Construction Group <br> Ltd. (NOA CN)<br>| 4784 | 74495 |
| # | Northland Power, Inc. | 2101040 | 38394107 |
| \* | NuVista Energy Ltd. | 2278627 | 27098854 |
| #\* | Obsidian Energy Ltd. <br> (OBE CN)<br>| 35400 | 200656 |
| #\* | Obsidian Energy Ltd. <br> (OBE US)<br>| 218414 | 1238407 |
|  | OceanaGold Corp. | 2612941 | 58442101 |
|  | Onex Corp. | 391838 | 34083802 |
|  | Open Text Corp. <br> (OTEX CN)<br>| 57800 | 2217545 |
|  | Open Text Corp. <br> (OTEX US)<br>| 10676 | 409425 |
| # | Paramount Resources <br> Ltd., Class A<br>| 699751 | 11475005 |
|  | Parex Resources, <br> Inc.<br>| 610720 | 7811712 |
|  | Pason Systems, Inc. | 102485 | 873192 |
| # | Peyto Exploration & <br> Development Corp.<br>| 2779028 | 40480227 |
| # | Pizza Pizza Royalty <br> Corp.<br>| 525674 | 5813129 |
|  | Polaris Renewable <br> Energy, Inc.<br>| 288463 | 2677828 |
|  | Pollard Banknote Ltd. | 700 | 10112 |
| \* | Precision Drilling <br> Corp. (PD CN)<br>| 74846 | 4490093 |
| \* | Precision Drilling <br> Corp. (PDS US)<br>| 55568 | 3329079 |
|  | Richelieu Hardware <br> Ltd.<br>| 30310 | 830929 |
|  | Russel Metals, Inc. | 777372 | 24060261 |
| \* | Saturn Oil & Gas, Inc. | 54000 | 101258 |
| \* | SNDL, Inc. | 172438 | 370741 |
| \* | Source Energy <br> Services Ltd.<br>| 5900 | 51784 |
| \* | Spartan Delta Corp. | 62731 | 280882 |
| Ω | Spin Master Corp. | 74031 | 1099473 |
| \* | SSR Mining, Inc. <br> (SSRM CN)<br>| 838258 | 18952033 |
| #\*Ω | STEP Energy <br> Services Ltd.<br>| 81021 | 315985 |
| # | Superior Plus Corp. | 691814 | 3936170 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Supremex, Inc. | 16500 | $43293 |
|  | Surge Energy, Inc. | 203251 | 960789 |
|  | Tamarack Valley <br> Energy Ltd.<br>| 5467151 | 24284589 |
| \* | TELUS International <br> CDA, Inc.<br>| 67524 | 303858 |
| \* | Tidewater Midstream <br> & Infrastructure <br> Ltd.<br>| 14723 | 62352 |
| # | Timbercreek Financial <br> Corp.<br>| 574249 | 2718629 |
| \* | Torex Gold <br> Resources, Inc.<br>| 1183136 | 48875904 |
|  | Total Energy Services, <br> Inc.<br>| 495663 | 4982959 |
|  | Transcontinental, Inc., <br> Class A<br>| 1171104 | 16440795 |
| \* | Trisura Group Ltd. <br> (TSU CN)<br>| 3400 | 93694 |
| \* | Valeura Energy, Inc. | 82005 | 389400 |
| # | Vermilion Energy, Inc. <br> (VET CN)<br>| 104311 | 780166 |
|  | Vermilion Energy, Inc. <br> (VET US)<br>| 937948 | 7006472 |
| # | VersaBank (VBNK <br> CN)<br>| 20329 | 242635 |
|  | VersaBank (VBNK <br> US)<br>| 4819 | 57202 |
| \*†† | Victoria Gold <br> Corp./Vancouver<br>| 1811 | 116 |
|  | Wajax Corp. | 245075 | 4345667 |
| \* | Well Health <br> Technologies Corp.<br>| 280606 | 1050359 |
| # | West Fraser Timber <br> Co. Ltd. (WFG US)<br>| 48134 | 2936174 |
| \* | Western Forest <br> Products, Inc.<br>| 24732 | 210369 |
|  | Westshore Terminals <br> Investment Corp.<br>| 32630 | 599766 |
| # | Whitecap Resources, <br> Inc.<br>| 15127041 | 112623251 |
|  | Winpak Ltd. | 34123 | 1046645 |
| \* | Yangarra Resources <br> Ltd.<br>| 297149 | 216101 |
| TOTAL CANADA | TOTAL CANADA |  | 1374700172 |
| CHINA — (0.4%) | CHINA — (0.4%) | CHINA — (0.4%) | CHINA — (0.4%) |
|  | China Gold <br> International <br> Resources Corp. <br> Ltd. (CGG CN)<br>| 2920833 | 49459758 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \*†† | Hanfeng Evergreen, <br> Inc.<br>| 707267 | $0 |
| TOTAL CHINA | TOTAL CHINA |  | 49459758 |
| DENMARK — (3.5%) | DENMARK — (3.5%) | DENMARK — (3.5%) | DENMARK — (3.5%) |
|  | Alm Brand AS | 1605613 | 4518676 |
| \* | Bavarian Nordic AS | 342538 | 12656211 |
|  | D/S Norden AS | 425024 | 16987843 |
| #\* | Dfds AS | 122328 | 1724827 |
|  | FLSmidth & Co. AS | 272902 | 21253511 |
|  | Foroya Banki P | 2593 | 87610 |
| #\* | GN Store Nord AS | 618591 | 10831892 |
|  | GronlandsBANKEN <br> AS<br>| 831 | 112265 |
|  | H Lundbeck AS <br> (HLUNA DC), <br> Class A<br>| 329924 | 1863145 |
|  | H Lundbeck AS <br> (HLUNB DC)<br>| 3229986 | 23556723 |
| #\* | H&H International AS, <br> Class B<br>| 22005 | 302266 |
| # | Harboes Bryggeri AS, <br> Class B<br>| 3226 | 64669 |
|  | Jyske Bank AS | 1071483 | 125939124 |
| # | Matas AS | 706078 | 14016886 |
| \* | Nilfisk Holding AS | 65972 | 1095046 |
|  | Per Aarsleff Holding <br> AS<br>| 445276 | 50562673 |
|  | Rockwool AS, <br> Class A<br>| 20700 | 709020 |
| Ω | Scandinavian Tobacco <br> Group AS<br>| 792298 | 10504352 |
|  | Schouw & Co. AS | 349915 | 32171928 |
|  | Solar AS, Class B | 16672 | 528988 |
| # | SP Group AS | 14515 | 654630 |
|  | Sparekassen <br> Sjaelland-Fyn AS<br>| 96393 | 5015026 |
|  | Sydbank AS | 1514553 | 129299299 |
|  | TORM PLC, Class A | 251848 | 5432563 |
|  | UIE PLC | 129761 | 6308237 |
| TOTAL DENMARK | TOTAL DENMARK |  | 476197410 |
| FINLAND — (2.4%) | FINLAND — (2.4%) | FINLAND — (2.4%) | FINLAND — (2.4%) |
|  | Aktia Bank OYJ | 522843 | 6448080 |
|  | Anora Group OYJ | 16310 | 59142 |
|  | Aspo OYJ | 18087 | 130530 |
|  | Atria OYJ | 271974 | 4297934 |
| #Ω | Enento Group OYJ | 8636 | 153539 |
| # | Fiskars OYJ Abp | 253437 | 3821286 |
|  | Hiab OYJ | 593503 | 32868347 |
| # | HKFoods OYJ | 242494 | 472364 |
|  | Huhtamaki OYJ | 387228 | 13013496 |
|  | Kalmar OYJ, Class B | 597338 | 24747597 |
|  | Kemira OYJ | 2858140 | 62905528 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) |
|  | Konecranes OYJ | 96847 | $9559534 |
|  | Lassila & Tikanoja <br> OYJ<br>| 5811 | 66563 |
| \* | Lindex Group OYJ | 184592 | 575816 |
|  | Mandatum OYJ | 2351249 | 16863772 |
| # | Metsa Board OYJ <br> (METSB FH), <br> Class B<br>| 3491879 | 11845311 |
| # | Nokian Renkaat OYJ | 1081888 | 10910027 |
|  | Olvi OYJ, Class A | 10720 | 365842 |
| # | Oma Saastopankki <br> OYJ<br>| 22823 | 288384 |
|  | Oriola OYJ (OKDBV <br> FH), Class B<br>| 36101 | 49127 |
|  | Pihlajalinna OYJ | 2802 | 48139 |
| # | Raisio OYJ, Class V | 1185693 | 3437718 |
|  | Sanoma OYJ | 81385 | 994727 |
|  | Scanfil OYJ | 2985 | 37646 |
| # | Stora Enso OYJ, <br> Class R<br>| 4362154 | 50793582 |
| Ω | Terveystalo OYJ | 185069 | 1990956 |
| # | TietoEVRY OYJ | 1290959 | 27708463 |
| # | Tokmanni Group <br> Corp.<br>| 133294 | 1317616 |
| # | Valmet OYJ | 987367 | 32127600 |
| #\* | YIT OYJ | 312118 | 1055014 |
| TOTAL FINLAND | TOTAL FINLAND |  | 318953680 |
| FRANCE — (3.4%) | FRANCE — (3.4%) | FRANCE — (3.4%) | FRANCE — (3.4%) |
| \* | 74Software SA | 4204 | 173411 |
|  | AKWEL SADIR | 117639 | 1504258 |
| \* | Alstom SA | 1026797 | 25677706 |
| # | Altamir | 311054 | 9839843 |
|  | Alten SA | 8978 | 739386 |
|  | Arkema SA | 412062 | 24461099 |
| # | Assystem SA | 12714 | 637661 |
| Ω | Ayvens SA | 568673 | 7586834 |
| # | Beneteau SACA | 238290 | 2296879 |
|  | Bonduelle SCA | 79244 | 812046 |
|  | Carrefour SA | 948087 | 14279086 |
| \* | Cegedim SA | 2935 | 38554 |
|  | Cie des Alpes | 380045 | 8718453 |
| \* | Clariane SE | 891144 | 3831173 |
|  | Coface SA | 1585175 | 27918547 |
|  | Derichebourg SA | 1455894 | 9931427 |
| \*Ω | Elior Group SA | 610504 | 1971531 |
|  | Elis SA | 1238926 | 34503022 |
|  | Esso SA Francaise | 12895 | 1449841 |
|  | Etablissements Maurel <br> et Prom SA<br>| 833862 | 4647938 |
|  | Eurazeo SE | 62957 | 4291644 |
| #\* | Eutelsat <br> Communications <br> SACA<br>| 521935 | 2019244 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Exel Industries SA, <br> Class A<br>| 525 | $20820 |
|  | Fnac Darty SA (FNAC <br> FP)<br>| 83010 | 2718512 |
| \* | Forvia SE (FRVIA <br> FP)<br>| 536559 | 6870944 |
| \* | Gaumont SA | 11739 | 1259156 |
|  | GL Events SACA | 169320 | 5407361 |
|  | Groupe Crit SA | 12162 | 869611 |
|  | Groupe SFPI | 140840 | 285638 |
| #\* | Guerbet | 18907 | 346974 |
|  | Imerys SA | 133975 | 3300069 |
|  | IPSOS SA | 134926 | 5171903 |
| # | Jacquet Metals SACA | 302909 | 6116095 |
|  | LISI SA | 12574 | 736522 |
|  | LNA Sante SA | 2042 | 56937 |
| #\*Ω | Maisons du Monde <br> SA<br>| 61974 | 146063 |
|  | Manitou BF SA | 56135 | 1127484 |
|  | Mersen SA | 252880 | 6391949 |
|  | Metropole Television <br> SA<br>| 91216 | 1258447 |
| #\* | Nexity SA | 103684 | 1085253 |
|  | Opmobility | 338152 | 5523263 |
|  | Quadient SA | 254159 | 4374441 |
|  | Renault SA | 43904 | 1706074 |
|  | Rexel SA | 1938248 | 67208702 |
|  | Samse SACA | 990 | 143166 |
|  | Savencia SA | 114234 | 8218039 |
|  | SCOR SE | 1279781 | 38741238 |
| # | Seche Environnement <br> SACA<br>| 15608 | 1263643 |
| # | SES SA | 5032566 | 38561379 |
| \*Ω | SMCP SA | 117869 | 830106 |
|  | Societe BIC SA | 16376 | 911186 |
|  | Societe des Bains de <br> Mer et du Cercle <br> des Etrangers a <br> Monaco<br>| 1285 | 158592 |
|  | Societe LDC SADIR | 1015 | 107983 |
|  | Teleperformance SE | 18211 | 1300421 |
|  | Television Francaise 1 <br> SA<br>| 664719 | 6081208 |
|  | Trigano SA | 25900 | 4310024 |
| \* | Ubisoft Entertainment <br> SA<br>| 246150 | 2197622 |
|  | Valeo SE | 1002305 | 13857112 |
|  | Vicat SACA | 272967 | 20463901 |
|  | VIEL & Cie SA | 16500 | 334893 |
| \* | Viridien | 68170 | 8347688 |
| #\* | Voltalia SA | 16369 | 134716 |
| \*Ω | X-Fab Silicon <br> Foundries SE<br>| 107742 | 683664 |
| TOTAL FRANCE | TOTAL FRANCE |  | 455958382 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (3.8%) | GERMANY — (3.8%) | GERMANY — (3.8%) | GERMANY — (3.8%) |
|  | 1&1 AG | 466027 | $11506871 |
| \* | 7C Solarparken AG | 208985 | 383225 |
|  | Allgeier SE | 6513 | 137303 |
| Ω | Aumann AG | 1677 | 24335 |
|  | Aurubis AG | 388748 | 50687600 |
| #\* | BayWa AG (BYW6 <br> GR)<br>| 59040 | 350974 |
| Ω | Befesa SA | 300702 | 9958661 |
|  | Bijou Brigitte AG | 39808 | 1867942 |
|  | Bilfinger SE | 237793 | 25656085 |
|  | Borussia Dortmund <br> GmbH & Co. KGaA<br>| 1023496 | 4045534 |
| # | CANCOM SE (COK <br> GR)<br>| 184371 | 5244687 |
|  | Cewe Stiftung & Co. <br> KGaA<br>| 300 | 34374 |
| # | Deutsche Beteiligungs <br> AG<br>| 171562 | 4700276 |
| Ω | Deutsche <br> Pfandbriefbank AG<br>| 338177 | 1778658 |
|  | Deutz AG | 1903378 | 18866050 |
|  | Draegerwerk AG & <br> Co. KGaA<br>| 44281 | 3118393 |
|  | Duerr AG | 426383 | 9945224 |
| Ω | DWS Group GmbH & <br> Co. KGaA<br>| 15984 | 1023289 |
|  | Elmos Semiconductor <br> SE<br>| 4744 | 448636 |
|  | ElringKlinger AG | 222215 | 1037163 |
|  | Evonik Industries AG | 603256 | 10109386 |
| #\* | Evotec SE | 477830 | 3891400 |
|  | FORTEC Elektronik <br> AG<br>| 1354 | 18660 |
| #\* | Fraport AG Frankfurt <br> Airport Services <br> Worldwide<br>| 541200 | 46388799 |
|  | Freenet AG | 33262 | 1034377 |
| # | Gerresheimer AG | 75455 | 2401702 |
|  | Gesco SE | 112657 | 2063881 |
| # | GFT Technologies SE | 25268 | 519083 |
| # | Grenke AG | 193408 | 3332435 |
| #\* | Heidelberger <br> Druckmaschinen <br> AG<br>| 1698051 | 3829684 |
| \* | HelloFresh SE | 988656 | 8014612 |
|  | Hornbach Holding AG <br> & Co. KGaA<br>| 121350 | 12141951 |
|  | HUGO BOSS AG | 14632 | 649148 |
|  | Indus Holding AG | 200772 | 5199492 |
| Ω | Instone Real Estate <br> Group SE<br>| 10827 | 103629 |
|  | Jenoptik AG | 184547 | 4168172 |
| Ω | JOST Werke SE | 29094 | 1695006 |
| # | K&S AG | 3549 | 46234 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | KION Group AG | 1005110 | $71417512 |
| # | Kloeckner & Co. SE | 212570 | 1359241 |
| \* | Koenig & Bauer AG | 17454 | 267841 |
| # | Kontron AG | 10262 | 268234 |
|  | Krones AG | 31934 | 4638363 |
|  | KSB SE & Co. KGaA | 5653 | 6095381 |
|  | KWS Saat SE & Co. <br> KGaA<br>| 61867 | 4768934 |
| # | Lanxess AG | 275336 | 6556724 |
|  | Mediclin AG | 142018 | 578926 |
| \* | Medios AG | 6020 | 84731 |
|  | MLP SE | 1297480 | 10648965 |
|  | Multitude PLC | 620 | 4877 |
| # | Mutares SE & Co. <br> KGaA<br>| 77191 | 2464108 |
| # | Norma Group SE | 112638 | 1827710 |
|  | Patrizia SE | 96069 | 804473 |
|  | ProCredit Holding AG | 53047 | 473739 |
| # | Puma SE (PUM GR) | 219684 | 4671118 |
|  | PWO AG | 5898 | 198585 |
| \* | q.beyond AG | 867565 | 852947 |
| # | RTL Group SA | 229010 | 8842316 |
|  | SAF-Holland SE | 750702 | 12211542 |
| # | Salzgitter AG | 100597 | 3264561 |
|  | Schaeffler AG | 682497 | 5537100 |
| # | Siltronic AG | 37933 | 2342511 |
|  | Sixt SE | 75052 | 6597651 |
|  | Stabilus SE | 59741 | 1499775 |
| # | STRATEC SE | 7847 | 212264 |
| # | Suedzucker AG | 687267 | 7579805 |
|  | Surteco Group SE | 77724 | 1109447 |
| # | Takkt AG | 203341 | 1056008 |
|  | Technotrans SE | 1248 | 51300 |
|  | thyssenkrupp AG | 1488500 | 15598497 |
| \* | Tkms AG& Co. KGaA | 74425 | 7013004 |
|  | United Internet AG | 1042606 | 32187149 |
| # | Vossloh AG | 88307 | 8053861 |
| # | Wacker Chemie AG | 93406 | 7366962 |
| # | Wacker Neuson SE | 683471 | 14881794 |
|  | Wuestenrot & <br> Wuerttembergische <br> AG<br>| 155950 | 2542250 |
| TOTAL GERMANY | TOTAL GERMANY |  | 512353137 |
| GREECE — (0.0%) | GREECE — (0.0%) | GREECE — (0.0%) | GREECE — (0.0%) |
| \*†† | Michaniki SA | 986718 | 0 |
| \*†† | Tropea Holding SA | 4581 | 0 |
| HONG KONG — (1.7%) | HONG KONG — (1.7%) | HONG KONG — (1.7%) | HONG KONG — (1.7%) |
|  | Aeon Credit Service <br> Asia Co. Ltd.<br>| 1342000 | 1307780 |
| \* | Allied Group Ltd. | 31060000 | 9604671 |
|  | Asia Financial <br> Holdings Ltd.<br>| 3250106 | 1839218 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
| \* | Asia Standard <br> International Group <br> Ltd.<br>| 6199503 | $239203 |
|  | Bank of East Asia <br> Ltd.<br>| 6200773 | 10676462 |
|  | Chen Hsong Holdings | 1450000 | 336087 |
|  | Cheuk Nang Holdings <br> Ltd.<br>| 3139016 | 562701 |
|  | Chevalier International <br> Holdings Ltd.<br>| 1134858 | 563286 |
| \* | China Energy <br> Development <br> Holdings Ltd.<br>| 4910000 | 21522 |
|  | Chow Sang Sang <br> Holdings <br> International Ltd.<br>| 3024000 | 5411068 |
| \* | Chuang's Consortium <br> International Ltd.<br>| 11569520 | 497835 |
|  | CITIC Telecom <br> International <br> Holdings Ltd.<br>| 11273000 | 3583907 |
| \* | CSI Properties Ltd. | 109163666 | 2525998 |
|  | CTF Services Ltd. | 9727000 | 10510546 |
| \*†† | CW Group Holdings <br> Ltd.<br>| 1696500 | 0 |
|  | Dah Sing Banking <br> Group Ltd.<br>| 2153888 | 3048979 |
|  | Dah Sing Financial <br> Holdings Ltd.<br>| 2050556 | 9481427 |
|  | Dickson Concepts <br> International Ltd.<br>| 2031500 | 1373799 |
|  | Eagle Nice <br> International <br> Holdings Ltd.<br>| 738000 | 344072 |
| †† | EcoGreen <br> International Group <br> Ltd.<br>| 3623840 | 166163 |
| \* | Emperor Capital <br> Group Ltd.<br>| 4014000 | 52614 |
|  | Emperor Watch & <br> Jewellery Ltd.<br>| 49820000 | 1826598 |
|  | Far East Consortium <br> International Ltd.<br>| 22392680 | 2190705 |
|  | First Pacific Co. Ltd. | 25376000 | 20488834 |
| \* | First Shanghai <br> Investments Ltd.<br>| 2088000 | 79289 |
|  | Get Nice Holdings <br> Ltd.<br>| 1049864 | 402311 |
|  | Glorious Sun <br> Enterprises Ltd.<br>| 3010000 | 515500 |
|  | Gold Peak Technology <br> Group Ltd.<br>| 6320907 | 586383 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Golden Resources <br> Development <br> International Ltd.<br>| 3349000 | $150920 |
|  | Great Eagle Holdings <br> Ltd.<br>| 2479240 | 4642630 |
|  | G-Resources Group <br> Ltd.<br>| 260000 | 270366 |
|  | Guotai Junan <br> International <br> Holdings Ltd.<br>| 12725000 | 6240733 |
|  | Hang Lung Group <br> Ltd.<br>| 4473000 | 8511632 |
|  | Hang Lung Properties <br> Ltd.<br>| 9999364 | 11134716 |
| \* | Hanison Construction <br> Holdings Ltd.<br>| 2934724 | 91549 |
|  | Harbour Centre <br> Development Ltd.<br>| 1779000 | 961050 |
| \* | HKR International <br> Ltd.<br>| 8086400 | 1128853 |
|  | Hon Kwok Land <br> Investment Co. Ltd.<br>| 4840935 | 641089 |
|  | Hong Kong Ferry <br> Holdings Co. Ltd.<br>| 1762000 | 1092289 |
|  | Hong Kong <br> Technology Venture <br> Co. Ltd.<br>| 464000 | 85736 |
| \* | Hongkong & Shanghai <br> Hotels Ltd.<br>| 6758341 | 5344393 |
| \* | Hongkong Chinese <br> Ltd.<br>| 5469090 | 223375 |
|  | Hung Hing Printing <br> Group Ltd.<br>| 6999275 | 838188 |
|  | Hutchison <br> Telecommunications <br> Hong Kong <br> Holdings Ltd.<br>| 8620000 | 1208272 |
| \* | IPE Group Ltd. | 510000 | 53973 |
| # | Johnson Electric <br> Holdings Ltd.<br>| 4209614 | 19752761 |
|  | K Wah International <br> Holdings Ltd.<br>| 5869000 | 1668576 |
|  | Keck Seng <br> Investments Hong <br> Kong Ltd.<br>| 640000 | 184430 |
|  | Kerry Properties Ltd. | 4598000 | 11589103 |
|  | KLN Logistics Group <br> Ltd.<br>| 754500 | 698275 |
| # | Kowloon Development <br> Co. Ltd.<br>| 7026128 | 3419029 |
| \* | Lai Sun Development <br> Co. Ltd.<br>| 7026996 | 593011 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
| \* | Lai Sun Garment <br> International Ltd.<br>| 10175359 | $700970 |
|  | Langham Hospitality <br> Investments & <br> Langham Hospitality <br> Investments Ltd.<br>| 165882 | 10894 |
| \* | Lerado Financial <br> Group Co. Ltd.<br>| 65840 | 1696 |
|  | Liu Chong Hing <br> Investment Ltd.<br>| 2122000 | 1196260 |
|  | Luk Fook Holdings <br> International Ltd.<br>| 728000 | 2327580 |
|  | Miramar Hotel & <br> Investment<br>| 2127000 | 2671888 |
| #\* | Mongolian Mining <br> Corp.<br>| 840000 | 1224144 |
|  | Nanyang Holdings <br> Ltd.<br>| 98350 | 381276 |
|  | National Electronics <br> Holdings<br>| 1445648 | 68321 |
|  | Oriental Enterprise <br> Holdings Ltd.<br>| 118000 | 5324 |
|  | Oriental Watch <br> Holdings<br>| 5400587 | 2363173 |
| # | Pacific Basin Shipping <br> Ltd.<br>| 26998000 | 8941671 |
|  | Pacific Textiles <br> Holdings Ltd.<br>| 746000 | 139226 |
| # | PAX Global <br> Technology Ltd.<br>| 4259000 | 2917899 |
|  | PC Partner Group <br> Ltd.<br>| 168000 | 134427 |
|  | Pico Far East <br> Holdings Ltd.<br>| 492000 | 166046 |
|  | Playmates Holdings <br> Ltd.<br>| 19241000 | 1312507 |
| \* | Regal Hotels <br> International <br> Holdings Ltd.<br>| 3596623 | 277164 |
|  | Safety Godown Co. <br> Ltd.<br>| 140000 | 36058 |
|  | SAS Dragon Holdings <br> Ltd.<br>| 36000 | 21650 |
|  | SEA Holdings Ltd. | 2211368 | 366333 |
|  | Shangri-La Asia Ltd. | 1658000 | 1034681 |
|  | Singamas Container <br> Holdings Ltd.<br>| 9438000 | 788227 |
|  | SmarTone <br> Telecommunications <br> Holdings Ltd.<br>| 1755500 | 1090484 |
| \* | Soundwill Holdings <br> Ltd.<br>| 736000 | 570701 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
| \* | South China Holdings <br> Co. Ltd.<br>| 641751 | $2836 |
|  | Sun Hung Kai & Co. <br> Ltd.<br>| 3817688 | 1896098 |
|  | TAI Cheung Holdings <br> Ltd.<br>| 2274000 | 931471 |
|  | Tan Chong <br> International Ltd.<br>| 3723000 | 758074 |
| \* | Television Broadcasts <br> Ltd.<br>| 315800 | 134814 |
|  | Tern Properties Co. <br> Ltd.<br>| 146000 | 28669 |
|  | Texhong International <br> Group Ltd.<br>| 204500 | 119979 |
|  | Texwinca Holdings <br> Ltd.<br>| 6606000 | 663513 |
|  | Tian Teck Land Ltd. | 384000 | 99589 |
|  | Transport International <br> Holdings Ltd.<br>| 1357029 | 1868371 |
| # | United Laboratories <br> International <br> Holdings Ltd.<br>| 4282000 | 6932738 |
|  | Upbest Group Ltd. | 4476000 | 386131 |
|  | Vedan International <br> Holdings Ltd.<br>| 5500000 | 479662 |
| \* | Viva Goods Co. Ltd. | 1016000 | 77135 |
| # | VSTECS Holdings <br> Ltd.<br>| 2288000 | 2832884 |
| \* | Wang On Group Ltd. | 28000000 | 104349 |
| \* | Wealthink <br> AI-Innovation <br> Capital Ltd.<br>| 4356000 | 145670 |
|  | Wing On Co. <br> International Ltd.<br>| 2095500 | 3573637 |
|  | Wing Tai Properties <br> Ltd.<br>| 172749 | 37175 |
| \* | Xingye Alloy Materials <br> Group Ltd.<br>| 1406000 | 179767 |
|  | Xinyi Glass Holdings <br> Ltd.<br>| 1231000 | 1439690 |
| # | Yue Yuen Industrial <br> Holdings Ltd.<br>| 7095500 | 13012937 |
| TOTAL HONG KONG | TOTAL HONG KONG |  | 233215696 |
| IRELAND — (0.1%) | IRELAND — (0.1%) | IRELAND — (0.1%) | IRELAND — (0.1%) |
|  | Cairn Homes PLC | 781368 | 1736250 |
|  | Dalata Hotel Group <br> PLC<br>| 969441 | 7191611 |
| \*Ω | Glenveagh Properties <br> PLC<br>| 2651034 | 5827061 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) |
| \* | Permanent TSB <br> Group Holdings <br> PLC<br>| 65083 | $218101 |
| TOTAL IRELAND | TOTAL IRELAND |  | 14973023 |
| ISRAEL — (1.1%) | ISRAEL — (1.1%) | ISRAEL — (1.1%) | ISRAEL — (1.1%) |
|  | Albaad Massuot <br> Yitzhak Ltd.<br>| 3842 | 32308 |
|  | Alrov Properties & <br> Lodgings Ltd.<br>| 13259 | 1190933 |
| \* | Ashdod Refinery Ltd. | 4585 | 77630 |
|  | AudioCodes Ltd. <br> (AUDC US)<br>| 1954 | 17449 |
|  | Ayalon Holdings Ltd. | 22297 | 469726 |
| # | Azorim-Investment <br> Development & <br> Construction Co. <br> Ltd.<br>| 805226 | 5393288 |
|  | Carasso Motors Ltd. | 326375 | 3921215 |
|  | Carasso Real Estate <br> Ltd.<br>| 22476 | 268342 |
| \* | Cellcom Israel Ltd. <br> (CEL IT)<br>| 444775 | 4636588 |
| \* | Cellcom Israel Ltd. <br> (CELJF US)<br>| 29907 | 309388 |
| #\* | Cielo-Blu Group Ltd. | 129323 | 160117 |
|  | Clal Insurance <br> Enterprises <br> Holdings Ltd.<br>| 149998 | 8340669 |
|  | Delek Automotive <br> Systems Ltd.<br>| 22301 | 187603 |
|  | Delta Galil Ltd. | 8866 | 495008 |
|  | Diplomat Holdings <br> Ltd.<br>| 4180 | 66179 |
| # | Direct Finance of <br> Direct Group 2006 <br> Ltd.<br>| 1606 | 278305 |
|  | Dor Alon Energy in <br> Israel 1988 Ltd.<br>| 22296 | 1004955 |
| \* | Equital Ltd. | 394618 | 18820357 |
| \* | Gilat Satellite <br> Networks Ltd.<br>| 82400 | 1187538 |
| \* | Hagag Group Real <br> Estate <br> Development<br>| 50968 | 366240 |
|  | Harel Insurance <br> Investments & <br> Financial Services <br> Ltd.<br>| 128964 | 4494811 |
| \* | IES Holdings Ltd. | 9054 | 871333 |
|  | Isracard Ltd. | 1148620 | 4900510 |
|  | Isras Investment Co. <br> Ltd.<br>| 13744 | 3850806 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Issta Ltd. | 9131 | $297101 |
| \* | Kamada Ltd. (KMDA <br> US)<br>| 4138 | 28635 |
|  | Kardan Real Estate <br> Enterprise & <br> Development Ltd.<br>| 10908 | 23452 |
|  | Kerur Holdings Ltd. | 11372 | 316868 |
|  | Klil Industries Ltd. | 477 | 27300 |
|  | Land Development <br> Nimrodi Group Ltd.<br>| 18401 | 210723 |
|  | Mediterranean Towers <br> Ltd.<br>| 400161 | 1764812 |
|  | Menora Mivtachim <br> Holdings Ltd.<br>| 403529 | 40195427 |
| # | Meshulam Levinstein <br> Contracting & <br> Engineering Ltd.<br>| 3716 | 559971 |
|  | Migdal Insurance & <br> Financial Holdings <br> Ltd.<br>| 749834 | 2690778 |
| # | Mivtach Shamir <br> Holdings Ltd.<br>| 13037 | 1233594 |
|  | Nawi Group Ltd. | 81868 | 1354279 |
|  | Neto Malinda Trading <br> Ltd.<br>| 5098 | 223848 |
|  | Oil Refineries Ltd. | 21723719 | 6342223 |
| # | Palram Industries <br> 1990 Ltd.<br>| 58148 | 1339833 |
|  | Paz Retail & Energy <br> Ltd.<br>| 83187 | 17771602 |
| \* | Perion Network Ltd. | 5098 | 47940 |
| # | Plasson Industries <br> Ltd.<br>| 13894 | 809555 |
| # | Prashkovsky <br> Investments & <br> Construction Ltd.<br>| 54397 | 2774412 |
|  | Scope Metals Group <br> Ltd.<br>| 21893 | 1058649 |
|  | Summit Real Estate <br> Holdings Ltd.<br>| 545146 | 11162570 |
| Ω | Tamar Petroleum Ltd. | 219905 | 2722292 |
| \* | Tera Light Ltd. | 129675 | 501895 |
| TOTAL ISRAEL | TOTAL ISRAEL |  | 154799057 |
| ITALY — (6.0%) | ITALY — (6.0%) | ITALY — (6.0%) | ITALY — (6.0%) |
|  | A2A SpA | 7241573 | 21099195 |
|  | ACEA SpA | 43978 | 1066648 |
|  | Aeroporto Guglielmo <br> Marconi Di Bologna <br> SpA<br>| 5582 | 58895 |
| \* | Aquafil SpA | 127047 | 278244 |
|  | Ariston Holding NV | 434505 | 1806458 |
|  | Banca IFIS SpA | 324117 | 8373783 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
| \*Ω | Banca Sistema SpA | 527000 | $953115 |
|  | Banco di Desio e della <br> Brianza SpA<br>| 505352 | 4618632 |
| # | Biesse SpA | 11205 | 73369 |
| # | BPER Banca SpA | 16740214 | 200579478 |
|  | Brembo NV | 379323 | 4091137 |
|  | Buzzi SpA | 1563705 | 94202568 |
| \* | Cairo Communication <br> SpA<br>| 786092 | 2610833 |
|  | Cementir Holding NV | 1264274 | 23294903 |
| \* | CIR SpA-Compagnie <br> Industriali<br>| 7962973 | 6352822 |
|  | Credito Emiliano SpA | 1477196 | 23386043 |
| # | d'Amico International <br> Shipping SA<br>| 707426 | 3664773 |
| # | Danieli & C Officine <br> Meccaniche SpA <br> (DAN IM)<br>| 291919 | 15774147 |
|  | Danieli & C Officine <br> Meccaniche SpA <br> (DANR IM)<br>| 398888 | 15294813 |
|  | Emak SpA | 675320 | 794467 |
|  | ERG SpA | 276607 | 7135386 |
|  | Esprinet SpA | 229086 | 1533719 |
| # | Ferretti SpA | 712944 | 2341793 |
| # | Fila SpA | 86214 | 945305 |
| # | FNM SpA | 2243742 | 1176143 |
|  | Garofalo Health Care <br> SpA<br>| 11299 | 68085 |
|  | GPI SpA | 11826 | 232157 |
|  | Hera SpA | 1397225 | 6271003 |
|  | IMMSI SpA | 2171429 | 1443359 |
|  | Industrie De Nora <br> SpA<br>| 6955 | 58016 |
|  | Italmobiliare SpA | 114256 | 4291886 |
|  | Iveco Group NV | 2625170 | 55793007 |
|  | MFE-MediaForEurope <br> NV, Class A<br>| 1883089 | 6798140 |
| # | MFE-MediaForEurope <br> NV (MFEA IM), <br> Class A<br>| 1991738 | 7052255 |
| # | MFE-MediaForEurope <br> NV (MFEB IM), <br> Class B<br>| 590959 | 2755900 |
| #Ω | Nexi SpA | 3295981 | 17378441 |
|  | Orsero SpA | 88196 | 1847808 |
| Ω | OVS SpA | 5039445 | 25433396 |
| Ω | Pirelli & C SpA | 4985116 | 34995731 |
|  | Rizzoli Corriere Della <br> Sera Mediagroup <br> SpA<br>| 1578533 | 1878271 |
| \* | Safilo Group SpA | 838780 | 1638857 |
| #\* | Salvatore Ferragamo <br> SpA<br>| 177246 | 1429055 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
| # | Sogefi SpA | 272461 | $1098743 |
| #\* | Telecom Italia SpA <br> (TIT IM)<br>| 158226578 | 93297154 |
| \* | Telecom Italia SpA <br> (TITR IM)<br>| 10685986 | 7104957 |
| \* | TREVI - Finanziaria <br> Industriale SpA<br>| 1087011 | 546955 |
|  | Unipol Assicurazioni <br> SpA<br>| 4001512 | 87606390 |
| TOTAL ITALY | TOTAL ITALY |  | 800526235 |
| JAPAN — (25.8%) | JAPAN — (25.8%) | JAPAN — (25.8%) | JAPAN — (25.8%) |
|  | 77 Bank Ltd. | 898100 | 38494584 |
|  | Achilles Corp. | 116800 | 950394 |
| # | AD Works Group Co. <br> Ltd.<br>| 384599 | 1186846 |
|  | ADEKA Corp. | 92100 | 2086782 |
|  | AEON Financial <br> Service Co. Ltd.<br>| 1100014 | 10759475 |
| # | Ahresty Corp. | 71400 | 370757 |
|  | Aichi Corp. | 224000 | 1871547 |
| # | Aichi Steel Corp. | 323336 | 5566819 |
| # | Aichi Tokei Denki Co. <br> Ltd.<br>| 112363 | 2034518 |
|  | Aida Engineering Ltd. | 216522 | 1294995 |
|  | Aiful Corp. | 464000 | 1364518 |
|  | Ainavo Holdings Co. <br> Ltd.<br>| 39200 | 182280 |
|  | Aiphone Co. Ltd. | 187000 | 3417680 |
| # | Airport Facilities Co. <br> Ltd.<br>| 400400 | 2675497 |
|  | Aisan Industry Co. <br> Ltd.<br>| 766630 | 10387721 |
|  | Akatsuki Corp. | 30400 | 105411 |
|  | Akatsuki, Inc. | 28600 | 487075 |
| \* | Akebono Brake <br> Industry Co. Ltd.<br>| 186799 | 138923 |
| # | Albis Co. Ltd. | 70488 | 1226230 |
|  | Alconix Corp. | 415925 | 5843896 |
|  | Alfresa Holdings <br> Corp.<br>| 131200 | 1853642 |
| # | Alinco, Inc. | 70200 | 470939 |
| # | Alpen Co. Ltd. | 318612 | 4703622 |
|  | Alpha Corp. | 12100 | 91158 |
|  | Alps Alpine Co. Ltd. | 2945480 | 37100977 |
|  | Amuse, Inc. | 22000 | 268867 |
| # | Anabuki Kosan, Inc. | 27900 | 389592 |
|  | AOKI Holdings, Inc. | 467200 | 5036768 |
|  | Aoyama Trading Co. <br> Ltd.<br>| 400119 | 5915568 |
| # | Arakawa Chemical <br> Industries Ltd.<br>| 108053 | 779728 |
|  | Arata Corp. | 201900 | 3933553 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Araya Industrial Co. <br> Ltd.<br>| 25100 | $802182 |
|  | ARCLANDS Corp. | 259500 | 2947407 |
|  | Arcs Co. Ltd. | 433400 | 8807372 |
| # | Arisawa <br> Manufacturing Co. <br> Ltd.<br>| 421782 | 4448687 |
|  | Artience Co. Ltd. | 526200 | 10724521 |
| # | Artnature, Inc. | 31100 | 170286 |
|  | Asahi Co. Ltd. | 23100 | 195783 |
|  | Asahi Diamond <br> Industrial Co. Ltd.<br>| 472836 | 2565953 |
| # | Asahi Kogyosha Co. <br> Ltd.<br>| 353396 | 7195630 |
|  | Asahi Printing Co. <br> Ltd.<br>| 10100 | 57202 |
|  | Asia Pile Holdings <br> Corp.<br>| 544800 | 4291028 |
|  | ASKA Pharmaceutical <br> Holdings Co. Ltd.<br>| 332000 | 4508684 |
| # | Astena Holdings Co. <br> Ltd.<br>| 600900 | 1822500 |
| # | Asti Corp. | 6500 | 88021 |
|  | Autobacs Seven Co. <br> Ltd.<br>| 70900 | 708364 |
|  | Awa Bank Ltd. | 261901 | 6187521 |
|  | Bando Chemical <br> Industries Ltd.<br>| 554600 | 6960463 |
|  | Bank of Nagoya Ltd. | 472512 | 12065129 |
|  | Bank of Saga Ltd. | 163934 | 3403792 |
|  | Bank of the Ryukyus <br> Ltd.<br>| 129813 | 1266498 |
| # | Belluna Co. Ltd. | 781952 | 5152772 |
|  | BML, Inc. | 17900 | 424051 |
|  | Buffalo, Inc. | 1600 | 35952 |
|  | Bunka Shutter Co. <br> Ltd.<br>| 257600 | 3397448 |
|  | Business Brain <br> Showa-Ota, Inc.<br>| 800 | 15967 |
|  | Canon Electronics, <br> Inc.<br>| 294199 | 5146553 |
| # | Carlit Co. Ltd. | 430600 | 4270381 |
|  | Cawachi Ltd. | 292400 | 5627672 |
| # | CCI Group, Inc. | 4359150 | 18633050 |
|  | Central Glass Co. <br> Ltd.<br>| 539000 | 11245153 |
| # | Chiba Kogyo Bank <br> Ltd.<br>| 878442 | 9165569 |
| # | Chino Corp. | 10800 | 96807 |
| # | Chiyoda Integre Co. <br> Ltd.<br>| 154500 | 3097986 |
|  | Chori Co. Ltd. | 119300 | 3072828 |
| # | Chubu Shiryo Co. <br> Ltd.<br>| 489284 | 5082962 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Chubu Steel Plate Co. <br> Ltd.<br>| 7800 | $100146 |
|  | Chudenko Corp. | 235560 | 6428564 |
|  | Chuetsu Pulp & Paper <br> Co. Ltd.<br>| 81800 | 882603 |
|  | Chugai Ro Co. Ltd. | 16100 | 486735 |
|  | Chugin Financial <br> Group, Inc.<br>| 1022200 | 14254470 |
|  | Chuo Gyorui Co. Ltd. | 48800 | 1106641 |
| # | Chuo Spring Co. Ltd. | 117431 | 2530919 |
| # | Chuo Warehouse Co. <br> Ltd.<br>| 50500 | 433213 |
|  | Citizen Watch Co. <br> Ltd.<br>| 2823200 | 19592090 |
| # | CK-San-Etsu Co. Ltd. | 9500 | 246083 |
|  | Cleanup Corp. | 143000 | 705475 |
|  | CMK Corp. | 537800 | 1398090 |
| # | Cosel Co. Ltd. | 107600 | 857471 |
|  | Cosmos Initia Co. <br> Ltd.<br>| 3000 | 25214 |
| # | CTI Engineering Co. <br> Ltd.<br>| 150300 | 2763829 |
| # | Dai Nippon Toryo Co. <br> Ltd.<br>| 202750 | 1667512 |
|  | Dai-Dan Co. Ltd. | 8000 | 354497 |
|  | Daido Kogyo Co. Ltd. | 8689 | 76442 |
| # | Daido Metal Co. Ltd. | 233370 | 1580578 |
|  | Daido Steel Co. Ltd. | 1835500 | 17367303 |
|  | Daihatsu Infinearth <br> Mfg Co. Ltd.<br>| 367700 | 7307239 |
|  | Daiho Corp. | 533800 | 2733423 |
|  | Daiichi Jitsugyo Co. <br> Ltd.<br>| 391000 | 6621169 |
|  | Daiichi Kensetsu <br> Corp.<br>| 12800 | 290311 |
| # | Daiichi Kigenso <br> Kagaku-Kogyo Co. <br> Ltd.<br>| 40000 | 339361 |
|  | Daiki Aluminium <br> Industry Co. Ltd.<br>| 49399 | 360459 |
|  | Daikyonishikawa <br> Corp.<br>| 280849 | 1327351 |
|  | Dainichi Co. Ltd. | 207300 | 1234558 |
|  | Dainichiseika Color & <br> Chemicals <br> Manufacturing Co. <br> Ltd.<br>| 145707 | 3589308 |
|  | Daio Paper Corp. | 108499 | 571868 |
|  | Daishi Hokuetsu <br> Financial Group, <br> Inc.<br>| 3461658 | 33384463 |
|  | Daishinku Corp. | 84225 | 316888 |
|  | Daisue Construction <br> Co. Ltd.<br>| 167300 | 3691035 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Daito Pharmaceutical <br> Co. Ltd.<br>| 248164 | $2001714 |
|  | Daiwa Industries Ltd. | 17700 | 181122 |
|  | DCM Holdings Co. <br> Ltd.<br>| 1772510 | 16435546 |
|  | Denka Co. Ltd. | 177550 | 2576849 |
| # | Denyo Co. Ltd. | 327400 | 6094439 |
|  | DIC Corp. | 1092182 | 25696897 |
|  | DKS Co. Ltd. | 94679 | 4036308 |
| # | DMW Corp. | 45400 | 1521195 |
|  | Doshisha Co. Ltd. | 136200 | 2561489 |
|  | Dowa Holdings Co. <br> Ltd.<br>| 359500 | 13035192 |
| # | DyDo Group Holdings, <br> Inc.<br>| 16200 | 255105 |
|  | Eagle Industry Co. <br> Ltd.<br>| 407899 | 7221029 |
|  | EDION Corp. | 2078900 | 27346774 |
| # | Ehime Bank Ltd. | 193870 | 1572201 |
|  | Eizo Corp. | 39600 | 562125 |
|  | EJ Holdings, Inc. | 68300 | 737573 |
|  | Endo Lighting Corp. | 187200 | 2740371 |
|  | Enomoto Co. Ltd. | 46417 | 581337 |
|  | Enplas Corp. | 700 | 36794 |
|  | Eslead Corp. | 182700 | 6448167 |
|  | Exedy Corp. | 390336 | 13115285 |
|  | EXEO Group, Inc. | 252500 | 3641746 |
|  | FALCO HOLDINGS <br> Co. Ltd.<br>| 11900 | 191520 |
|  | FCC Co. Ltd. | 519945 | 10502905 |
|  | Feed One Co. Ltd. | 358280 | 2365582 |
|  | Ferrotec Corp. | 466114 | 15279575 |
| # | FIDEA Holdings Co. <br> Ltd.<br>| 23996 | 257705 |
| # | First Bank of Toyama <br> Ltd.<br>| 612100 | 5787634 |
| # | FJ Next Holdings Co. <br> Ltd.<br>| 434760 | 4261576 |
|  | Foster Electric Co. <br> Ltd.<br>| 112190 | 1939696 |
|  | F-Tech, Inc. | 8300 | 40601 |
|  | Fuji Co. Ltd. | 12300 | 157084 |
|  | Fuji Corp. Ltd. | 150646 | 801476 |
| # | Fuji Die Co. Ltd. | 10200 | 58398 |
| # | Fuji Pharma Co. Ltd. | 151200 | 1546938 |
|  | Fuji Seal International, <br> Inc.<br>| 203270 | 3574008 |
| # | Fujicco Co. Ltd. | 49900 | 517430 |
|  | Fujikura Composites, <br> Inc.<br>| 400700 | 5022210 |
| # | Fujikura Kasei Co. <br> Ltd.<br>| 83500 | 333931 |
|  | Fujisash Co. Ltd. | 10700 | 55192 |
|  | Fujishoji Co. Ltd. | 9200 | 63492 |
| # | FuKoKu Co. Ltd. | 188600 | 2244633 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Fukuda Corp. | 104800 | $4676396 |
|  | Fukui Bank Ltd. | 33600 | 473647 |
|  | Fukuyama <br> Transporting Co. <br> Ltd.<br>| 285162 | 7083293 |
|  | Furukawa Co. Ltd. | 436056 | 8594297 |
|  | Furuno Electric Co. <br> Ltd.<br>| 390400 | 22649269 |
|  | Fuso Pharmaceutical <br> Industries Ltd.<br>| 43001 | 590438 |
|  | Futaba Industrial Co. <br> Ltd.<br>| 1140900 | 6967870 |
|  | Fuyo General Lease <br> Co. Ltd.<br>| 618600 | 16173021 |
| # | Gakken Holdings Co. <br> Ltd.<br>| 206200 | 1373427 |
|  | Gecoss Corp. | 282700 | 2510584 |
|  | Geo Holdings Corp. | 357800 | 3745559 |
|  | GLOBERIDE, Inc. | 38300 | 579343 |
|  | Glory Ltd. | 380752 | 9097834 |
|  | Godo Steel Ltd. | 119000 | 2821508 |
|  | Goldcrest Co. Ltd. | 157930 | 3423492 |
|  | Grandy House Corp. | 194800 | 715707 |
|  | GS Yuasa Corp. | 640100 | 17874506 |
| # | GSI Creos Corp. | 179414 | 2686627 |
|  | G-Tekt Corp. | 453549 | 5819338 |
| # | Gun-Ei Chemical <br> Industry Co. Ltd.<br>| 31300 | 675812 |
|  | Gunma Bank Ltd. | 5359796 | 55713073 |
|  | Gunze Ltd. | 622992 | 15345981 |
|  | H.U. Group Holdings, <br> Inc.<br>| 2971 | 72493 |
|  | H2O Retailing Corp. | 1135939 | 15368362 |
| # | Hagihara Industries, <br> Inc.<br>| 64105 | 669466 |
|  | Hagiwara Electric <br> Holdings Co. Ltd.<br>| 123998 | 2846947 |
|  | Hamakyorex Co. Ltd. | 325100 | 3224817 |
|  | Hanwa Co. Ltd. | 631000 | 26319340 |
| # | Harima Chemicals <br> Group, Inc.<br>| 68000 | 396986 |
| # | Hashimoto Sogyo <br> Holdings Co. Ltd.<br>| 6300 | 48851 |
|  | Heiwa Corp. | 165500 | 2151395 |
|  | Heiwado Co. Ltd. | 441010 | 8112260 |
|  | Hibiya Engineering <br> Ltd.<br>| 102100 | 3002997 |
| \* | Hino Motors Ltd. | 715487 | 1625360 |
| # | Hirakawa Hewtech <br> Corp.<br>| 94733 | 1426653 |
|  | Hirano Tecseed Co. <br> Ltd.<br>| 20400 | 213379 |
|  | Hirata Corp. | 136296 | 1799501 |
|  | Hirogin Holdings, Inc. | 3637581 | 33985320 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Hisaka Works Ltd. | 145400 | $1328887 |
| # | Hodogaya Chemical <br> Co. Ltd.<br>| 103648 | 1226076 |
|  | Hokkaido Coca-Cola <br> Bottling Co. Ltd.<br>| 130098 | 3262827 |
|  | Hokkan Holdings Ltd. | 79500 | 1109801 |
| # | Hokko Chemical <br> Industry Co. Ltd.<br>| 361100 | 3797844 |
| # | Hokuetsu Corp. | 2414074 | 12802597 |
|  | Hokuhoku Financial <br> Group, Inc.<br>| 1279210 | 31337652 |
|  | Hokuriku Electric <br> Industry Co. Ltd.<br>| 112268 | 1657950 |
| # | Hokuriku Electrical <br> Construction Co. <br> Ltd.<br>| 184720 | 1677383 |
|  | H-One Co. Ltd. | 5100 | 44189 |
| # | Hoosiers Holdings Co. <br> Ltd.<br>| 257600 | 2114120 |
|  | Hosiden Corp. | 944500 | 15056357 |
|  | Hosokawa Micron <br> Corp.<br>| 2300 | 84932 |
| # | Howa Machinery Ltd. | 67620 | 624796 |
|  | Hyakugo Bank Ltd. | 2616190 | 16224679 |
|  | Hyakujushi Bank Ltd. | 112099 | 3924384 |
|  | Ichikawa Co. Ltd. | 3800 | 51463 |
| # | Ichiken Co. Ltd. | 52203 | 1306119 |
| # | Ichikoh Industries Ltd. | 287700 | 874972 |
|  | Ichinen Holdings Co. <br> Ltd.<br>| 185800 | 2424415 |
| # | Icom, Inc. | 4300 | 87476 |
|  | Iino Kaiun Kaisha Ltd. | 574600 | 4686488 |
| # | Inaba Seisakusho Co. <br> Ltd.<br>| 112800 | 1158481 |
|  | Inabata & Co. Ltd. | 611100 | 13686596 |
|  | Ines Corp. | 427100 | 4718245 |
|  | INFRONEER <br> Holdings, Inc.<br>| 755900 | 8098052 |
|  | Innotech Corp. | 320700 | 3797247 |
|  | Iriso Electronics Co. <br> Ltd.<br>| 101499 | 2037516 |
| # | Iseki & Co. Ltd. | 127213 | 1814485 |
|  | Ishihara Sangyo <br> Kaisha Ltd.<br>| 760400 | 11701435 |
|  | Ishizuka Glass Co. <br> Ltd.<br>| 15199 | 297697 |
|  | Itochu Enex Co. Ltd. | 507700 | 5990056 |
|  | Itochu-Shokuhin Co. <br> Ltd.<br>| 82200 | 4996444 |
|  | Itoham Yonekyu <br> Holdings, Inc.<br>| 289940 | 10367428 |
|  | IwaiCosmo Holdings, <br> Inc.<br>| 426000 | 7781663 |
|  | Iwatani Corp. | 320100 | 3332480 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Iyogin Holdings, Inc. | 1454800 | $22732534 |
|  | Izumi Co. Ltd. | 100100 | 1866020 |
|  | J Trust Co. Ltd. | 34800 | 91509 |
|  | Jaccs Co. Ltd. | 437900 | 11453401 |
|  | JAFCO Group Co. <br> Ltd.<br>| 447500 | 6994406 |
| # | JANOME Corp. | 261100 | 1868136 |
|  | Japan Cash Machine <br> Co. Ltd.<br>| 10000 | 64700 |
|  | Japan Electronic <br> Materials Corp.<br>| 3000 | 84885 |
| # | Japan Foundation <br> Engineering Co. <br> Ltd.<br>| 225300 | 923896 |
| # | Japan Medical <br> Dynamic Marketing, <br> Inc.<br>| 57400 | 177418 |
|  | Japan Oil <br> Transportation Co. <br> Ltd.<br>| 35321 | 882317 |
| # | Japan Pulp & Paper <br> Co. Ltd.<br>| 2185500 | 10255095 |
|  | Japan Securities <br> Finance Co. Ltd.<br>| 342100 | 3928519 |
|  | Japan Transcity Corp. | 844100 | 6279157 |
| # | Japan Wool Textile <br> Co. Ltd.<br>| 781900 | 8247485 |
| # | JK Holdings Co. Ltd. | 260000 | 2125567 |
| # | JMS Co. Ltd. | 83561 | 233071 |
|  | J-Oil Mills, Inc. | 308300 | 4035705 |
|  | Joshin Denki Co. Ltd. | 140639 | 2435093 |
| # | JSP Corp. | 149099 | 1823971 |
|  | JTEKT Corp. | 614079 | 6143273 |
|  | Juroku Financial <br> Group, Inc.<br>| 424900 | 15474895 |
| # | K&O Energy Group, <br> Inc.<br>| 253000 | 5703533 |
|  | Kamei Corp. | 564500 | 10677831 |
| # | Kanaden Corp. | 340900 | 4628057 |
|  | Kanadevia Corp. | 18400 | 136338 |
| # | Kanagawa Chuo <br> Kotsu Co. Ltd.<br>| 1600 | 36412 |
|  | Kanamoto Co. Ltd. | 374941 | 8732431 |
|  | Kandenko Co. Ltd. | 812277 | 24824937 |
|  | Kaneka Corp. | 680600 | 18777468 |
|  | Kanematsu Corp. | 333630 | 6754619 |
| # | Kanto Denka Kogyo <br> Co. Ltd.<br>| 198529 | 1339521 |
|  | Katakura Industries <br> Co. Ltd.<br>| 133500 | 2301316 |
|  | Kawada Technologies, <br> Inc.<br>| 284500 | 7454386 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Kawai Musical <br> Instruments <br> Manufacturing Co. <br> Ltd.<br>| 2808 | $47217 |
|  | Keihin Co. Ltd. | 31700 | 547833 |
|  | KEIWA, Inc. | 14100 | 105520 |
|  | Keiyo Bank Ltd. | 1178570 | 9943159 |
|  | KEL Corp. | 4000 | 35601 |
| # | Kenko Mayonnaise <br> Co. Ltd.<br>| 141130 | 1666433 |
| # | Kimoto Co. Ltd. | 38200 | 64321 |
|  | Kimura Unity Co. Ltd. | 193200 | 1054092 |
|  | Kitagawa Corp. | 28619 | 299498 |
| # | Kita-Nippon Bank Ltd. | 10643 | 260152 |
| # | Kitano Construction <br> Corp.<br>| 346108 | 2957289 |
|  | Kitz Corp. | 491900 | 5514485 |
|  | Kiyo Bank Ltd. | 323800 | 6306555 |
| #\* | KNT-CT Holdings Co. <br> Ltd.<br>| 2848 | 27582 |
|  | Koa Corp. | 151678 | 1347791 |
| # | Koatsu Gas Kogyo <br> Co. Ltd.<br>| 211400 | 1409001 |
|  | Kohnan Shoji Co. Ltd. | 189376 | 4584839 |
|  | Koike Sanso Kogyo <br> Co. Ltd.<br>| 21400 | 221583 |
| # | Kojima Co. Ltd. | 112200 | 800568 |
| # | Komatsu Matere Co. <br> Ltd.<br>| 5035 | 28051 |
|  | Komatsu Wall Industry <br> Co. Ltd.<br>| 308800 | 4980914 |
|  | Komehyo Holdings <br> Co. Ltd.<br>| 1300 | 25251 |
|  | Komeri Co. Ltd. | 474800 | 9877962 |
|  | Komori Corp. | 208371 | 1956915 |
|  | Konica Minolta, Inc. | 890290 | 3057205 |
|  | Konoike Transport Co. <br> Ltd.<br>| 387600 | 8016496 |
| # | Konoshima Chemical <br> Co. Ltd.<br>| 12588 | 120662 |
|  | KPP Group Holdings <br> Co. Ltd.<br>| 494812 | 2444277 |
|  | Krosaki Harima Corp. | 5800 | 155539 |
| # | KRS Corp. | 213300 | 4027503 |
|  | K's Holdings Corp. | 556700 | 5518724 |
|  | KU Holdings Co. Ltd. | 213600 | 1631324 |
|  | Kumagai Gumi Co. <br> Ltd.<br>| 897540 | 8149296 |
| # | Kumiai Chemical <br> Industry Co. Ltd.<br>| 465100 | 2057540 |
|  | Kurabo Industries Ltd. | 271400 | 12340403 |
| # | Kureha Corp. | 283700 | 6782121 |
| # | Kurimoto Ltd. | 893000 | 10026803 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Kuriyama Holdings <br> Corp.<br>| 109370 | $1177430 |
|  | KVK Corp. | 2500 | 37236 |
| # | KYB Corp. | 605600 | 15357348 |
| # | Kyodo Printing Co. <br> Ltd.<br>| 313200 | 3045886 |
|  | Kyoei Steel Ltd. | 292843 | 4359646 |
|  | Kyokuto Boeki Kaisha <br> Ltd.<br>| 9400 | 108599 |
|  | Kyokuto Kaihatsu <br> Kogyo Co. Ltd.<br>| 586750 | 9819041 |
|  | Kyokuto Securities <br> Co. Ltd.<br>| 87957 | 868964 |
| # | Kyokuyo Co. Ltd. | 62799 | 1941374 |
|  | Kyorin Pharmaceutical <br> Co. Ltd.<br>| 190099 | 1732798 |
| # | Kyosan Electric <br> Manufacturing Co. <br> Ltd.<br>| 853900 | 2924677 |
| # | Kyowa Electronic <br> Instruments Co. <br> Ltd.<br>| 232900 | 1047850 |
|  | Kyowa Leather Cloth <br> Co. Ltd.<br>| 122300 | 691792 |
|  | Kyushu Financial <br> Group, Inc.<br>| 223780 | 1282568 |
|  | Kyushu Leasing <br> Service Co. Ltd.<br>| 85000 | 730768 |
|  | Lintec Corp. | 156600 | 3979870 |
| # | Look Holdings, Inc. | 127599 | 2187859 |
|  | Mabuchi Motor Co. <br> Ltd.<br>| 110500 | 1952094 |
| # | Maezawa Industries, <br> Inc.<br>| 86200 | 1075030 |
| # | Maezawa Kasei <br> Industries Co. Ltd.<br>| 224500 | 3034587 |
|  | Maezawa Kyuso <br> Industries Co. Ltd.<br>| 317000 | 2945917 |
|  | Makino Milling <br> Machine Co. Ltd.<br>| 341012 | 24774273 |
|  | Mamiya-Op Co. Ltd. | 15800 | 193135 |
|  | Mandom Corp. | 32638 | 513501 |
|  | Mars Group Holdings <br> Corp.<br>| 20000 | 398023 |
| # | Marubun Corp. | 360600 | 2774004 |
| # | Marudai Food Co. <br> Ltd.<br>| 339574 | 4128263 |
|  | Maruha Nichiro Corp. | 608204 | 13595438 |
|  | Maruichi Steel Tube <br> Ltd.<br>| 646500 | 5466348 |
| # | MARUKA FURUSATO <br> Corp.<br>| 126014 | 1845479 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Maruyama <br> Manufacturing Co., <br> Inc.<br>| 14300 | $201576 |
|  | Maruzen CHI Holdings <br> Co. Ltd.<br>| 16900 | 36296 |
|  | Maruzen Showa Unyu <br> Co. Ltd.<br>| 291200 | 13103573 |
|  | Matsuda Sangyo Co. <br> Ltd.<br>| 215700 | 5791890 |
| # | Matsui Construction <br> Co. Ltd.<br>| 272400 | 2439206 |
|  | Maxell Ltd. | 276958 | 4014754 |
| # | Medius Holdings Co. <br> Ltd.<br>| 6100 | 31599 |
|  | Megmilk Snow Brand <br> Co. Ltd.<br>| 628169 | 11521013 |
| # | Meiji Electric <br> Industries Co. Ltd.<br>| 67300 | 1014199 |
| # | Meiji Shipping Group <br> Co. Ltd.<br>| 15400 | 69924 |
|  | Meisei Industrial Co. <br> Ltd.<br>| 484900 | 5188762 |
|  | Meiwa Corp. | 112500 | 578088 |
|  | Meiwa Estate Co. <br> Ltd.<br>| 194500 | 1349330 |
|  | Menicon Co. Ltd. | 50390 | 392842 |
| # | Mie Kotsu Group <br> Holdings, Inc.<br>| 84846 | 295981 |
| # | Mikuni Corp. | 21352 | 53219 |
| # | Miraial Co. Ltd. | 60762 | 472000 |
|  | Mirait One Corp. | 902609 | 17490139 |
| # | Mirarth Holdings, Inc. | 656546 | 1618329 |
| # | Mitani Sangyo Co. <br> Ltd.<br>| 146500 | 473928 |
| # | Mito Securities Co. <br> Ltd.<br>| 214771 | 713211 |
|  | Mitsuba Corp. | 339641 | 2064509 |
| # | Mitsubishi Kakoki <br> Kaisha Ltd.<br>| 312000 | 6650600 |
|  | Mitsubishi Materials <br> Corp.<br>| 1758976 | 33867030 |
| # | Mitsubishi Paper Mills <br> Ltd.<br>| 100035 | 395810 |
|  | Mitsubishi Pencil Co. <br> Ltd.<br>| 34300 | 454985 |
|  | Mitsubishi Steel <br> Manufacturing Co. <br> Ltd.<br>| 169116 | 2055914 |
| # | Mitsui DM Sugar Co. <br> Ltd.<br>| 207506 | 4086509 |
| # | Mitsui E&S Co. Ltd. | 13500 | 548842 |
|  | Mitsui Kinzoku Co. <br> Ltd.<br>| 506585 | 51599482 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Mitsui Matsushima <br> Holdings Co. Ltd.<br>| 59000 | $495515 |
|  | Mitsuuroko Group <br> Holdings Co. Ltd.<br>| 443400 | 6058169 |
|  | Miyazaki Bank Ltd. | 68226 | 2051618 |
|  | Miyoshi Oil & Fat Co. <br> Ltd.<br>| 22600 | 322482 |
|  | Mizuho Leasing Co. <br> Ltd.<br>| 1902300 | 15239810 |
|  | Mizuno Corp. | 92937 | 1676592 |
| # | MORESCO Corp. | 6100 | 54059 |
|  | Morinaga Milk Industry <br> Co. Ltd.<br>| 9200 | 198592 |
| # | Moriroku Co. Ltd. | 77699 | 1181919 |
|  | Morita Holdings Corp. | 140100 | 2118067 |
|  | Morito Co. Ltd. | 156500 | 1648691 |
| # | Mory Industries, Inc. | 599500 | 3732309 |
| # | MrMax Holdings Ltd. | 133475 | 666883 |
|  | Murakami Corp. | 58700 | 2577480 |
|  | Musashi Seimitsu <br> Industry Co. Ltd.<br>| 109500 | 2470327 |
|  | Musashino Bank Ltd. | 337378 | 9076341 |
|  | Muto Seiko Co. | 5100 | 55677 |
| # | Nachi-Fujikoshi Corp. | 89888 | 2299368 |
|  | Nadex Co. Ltd. | 4300 | 27610 |
| # | Nafco Co. Ltd. | 64400 | 834797 |
|  | Nagano Keiki Co. Ltd. | 44000 | 669314 |
|  | Nagase & Co. Ltd. | 1468200 | 32062878 |
|  | Nakabayashi Co. Ltd. | 226600 | 846243 |
| # | Nakano Corp. | 24800 | 153504 |
| # | Nakayama Steel <br> Works Ltd.<br>| 426300 | 1703622 |
|  | Nanto Bank Ltd. | 111346 | 3703307 |
|  | Narasaki Sangyo Co. <br> Ltd.<br>| 34900 | 771244 |
|  | Nasu Denki Tekko Co. <br> Ltd.<br>| 6600 | 673483 |
| # | NEC Capital Solutions <br> Ltd.<br>| 222900 | 5507416 |
|  | Neturen Co. Ltd. | 681800 | 5270303 |
|  | NHK Spring Co. Ltd. | 2441900 | 45780408 |
| # | Nicca Chemical Co. <br> Ltd.<br>| 37899 | 356460 |
|  | Nice Corp. | 22200 | 255535 |
|  | Nichicon Corp. | 103300 | 1036448 |
| # | Nichiden Corp. | 47100 | 758177 |
|  | Nichiha Corp. | 54300 | 965824 |
|  | Nichimo Co. Ltd. | 115100 | 1860158 |
|  | Nichireki Group Co. <br> Ltd.<br>| 461800 | 7263950 |
|  | Nichirin Co. Ltd. | 113560 | 2642531 |
|  | Nihon Denkei Co. <br> Ltd.<br>| 75950 | 1003409 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Nihon House Holdings <br> Co. Ltd.<br>| 96397 | $185571 |
|  | Nihon Kagaku Sangyo <br> Co. Ltd.<br>| 86300 | 1251216 |
|  | Nihon Nohyaku Co. <br> Ltd.<br>| 595900 | 3334608 |
|  | Nihon Parkerizing Co. <br> Ltd.<br>| 78800 | 684431 |
|  | Nihon Tokushu Toryo <br> Co. Ltd.<br>| 146300 | 1980202 |
|  | Nihon Yamamura <br> Glass Co. Ltd.<br>| 31599 | 546083 |
|  | Nikkiso Co. Ltd. | 814204 | 7959695 |
| # | Nikko Co. Ltd. | 479200 | 2376235 |
| # | Nikkon Holdings Co. <br> Ltd.<br>| 1391800 | 31390733 |
| # | Nippi, Inc. | 14300 | 1168388 |
|  | Nippn Corp. | 588900 | 8372414 |
| # | Nippon Beet Sugar <br> Manufacturing Co. <br> Ltd.<br>| 54999 | 1066030 |
|  | Nippon Carbide <br> Industries Co., Inc.<br>| 66406 | 914129 |
| # | Nippon Carbon Co. <br> Ltd.<br>| 8900 | 250294 |
|  | Nippon Chemical <br> Industrial Co. Ltd.<br>| 52083 | 945340 |
| #\* | Nippon Chemi-Con <br> Corp.<br>| 147784 | 1491344 |
| # | Nippon Concrete <br> Industries Co. Ltd.<br>| 464099 | 971550 |
| # | Nippon Denko Co. <br> Ltd.<br>| 736100 | 1606661 |
|  | Nippon Densetsu <br> Kogyo Co. Ltd.<br>| 396999 | 7406340 |
|  | Nippon Electric Glass <br> Co. Ltd.<br>| 1185900 | 39925482 |
|  | Nippon Hume Corp. | 326200 | 6575954 |
|  | Nippon Kayaku Co. <br> Ltd.<br>| 994000 | 9089543 |
|  | Nippon Kodoshi Corp. | 1000 | 17648 |
|  | Nippon Light Metal <br> Holdings Co. Ltd.<br>| 446517 | 6502305 |
|  | Nippon Paper <br> Industries Co. Ltd.<br>| 717957 | 5371391 |
|  | Nippon Rietec Co. <br> Ltd.<br>| 27640 | 368833 |
|  | Nippon Seiki Co. Ltd. | 497000 | 5743086 |
| # | Nippon Seisen Co. <br> Ltd.<br>| 238400 | 1710548 |
|  | Nippon Sharyo Ltd. | 37899 | 820966 |
| \* | Nippon Sheet Glass <br> Co. Ltd.<br>| 739307 | 2766019 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nippon Shinyaku Co. <br> Ltd.<br>| 10000 | $209236 |
|  | Nippon Shokubai Co. <br> Ltd.<br>| 1220300 | 14138805 |
|  | Nippon Signal Co. <br> Ltd.<br>| 473609 | 3872573 |
|  | Nippon Soda Co. Ltd. | 881800 | 19548561 |
|  | Nippon Thompson Co. <br> Ltd.<br>| 666363 | 2885464 |
| # | Nippon Yakin Kogyo <br> Co. Ltd.<br>| 261546 | 7246610 |
|  | Nipro Corp. | 804996 | 7857844 |
|  | Nishikawa Rubber Co. <br> Ltd.<br>| 37800 | 695716 |
|  | Nishi-Nippon Financial <br> Holdings, Inc.<br>| 1992400 | 34046668 |
|  | Nishio Holdings Co. <br> Ltd.<br>| 196700 | 5595857 |
| # | Nissan Shatai Co. <br> Ltd.<br>| 31100 | 207059 |
|  | Nissan Tokyo Sales <br> Holdings Co. Ltd.<br>| 504200 | 1643222 |
|  | Nissei Plastic <br> Industrial Co. Ltd.<br>| 190200 | 1048147 |
|  | Nissha Co. Ltd. | 323015 | 2806386 |
|  | Nisshin Group <br> Holdings Co. Ltd.<br>| 695400 | 2715800 |
|  | Nisshin Oillio Group <br> Ltd.<br>| 619200 | 20459093 |
|  | Nisshinbo Holdings, <br> Inc.<br>| 1850374 | 14623120 |
|  | Nissui Corp. | 1329700 | 9264036 |
|  | Nitta Corp. | 135096 | 3541207 |
|  | Nitta Gelatin, Inc. | 99437 | 638824 |
| # | Nittetsu Mining Co. <br> Ltd.<br>| 1437990 | 15750158 |
|  | Nitto Fuji Flour Milling <br> Co. Ltd.<br>| 62500 | 2816101 |
|  | Nitto Kohki Co. Ltd. | 43600 | 484168 |
| # | Nitto Seiko Co. Ltd. | 483147 | 2157399 |
| # | Nittoku Co. Ltd. | 25900 | 409233 |
|  | Nojima Corp. | 26100 | 192718 |
|  | NOK Corp. | 894320 | 15880013 |
|  | Noritake Co. Ltd. | 417100 | 13064952 |
|  | Noritsu Koki Co. Ltd. | 580200 | 6298107 |
|  | Noritz Corp. | 269062 | 3493642 |
|  | North Pacific Bank <br> Ltd.<br>| 4002800 | 18746472 |
|  | NPR-RIKEN Corp. | 315445 | 6387168 |
| # | NS United Kaiun <br> Kaisha Ltd.<br>| 224700 | 8033298 |
|  | NSK Ltd. | 506200 | 2550746 |
|  | NTN Corp. | 6022348 | 13445214 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Ogaki Kyoritsu Bank <br> Ltd.<br>| 53330 | $1276620 |
| # | Ohara, Inc. | 47900 | 353378 |
| # | Ohashi Technica, Inc. | 183800 | 2439112 |
|  | Oiles Corp. | 39800 | 582995 |
|  | Oita Bank Ltd. | 1200 | 39606 |
| # | Okabe Co. Ltd. | 220659 | 1312965 |
|  | Okamoto Industries, <br> Inc.<br>| 400 | 13090 |
|  | Okamoto Machine <br> Tool Works Ltd.<br>| 16300 | 506916 |
|  | Okasan Securities <br> Group, Inc.<br>| 1210300 | 5423946 |
|  | Oki Electric Industry <br> Co. Ltd.<br>| 1120485 | 13386825 |
|  | Okinawa Financial <br> Group, Inc.<br>| 172328 | 4294705 |
|  | OKUMA Corp. | 70900 | 1578429 |
|  | Okumura Corp. | 306400 | 9712975 |
| # | Okura Industrial Co. <br> Ltd.<br>| 141749 | 4564911 |
|  | Okuwa Co. Ltd. | 160992 | 868238 |
|  | Onamba Co. Ltd. | 6800 | 59040 |
| # | Onoken Co. Ltd. | 235349 | 2101140 |
|  | Orient Corp. | 193652 | 1210285 |
|  | Oriental Shiraishi <br> Corp.<br>| 791600 | 2180102 |
| # | Osaka Steel Co. Ltd. | 314600 | 5292000 |
| # | Osaki Electric Co. <br> Ltd.<br>| 500360 | 4055067 |
|  | OUG Holdings, Inc. | 24500 | 614567 |
|  | Oyo Corp. | 30500 | 569167 |
| # | Pacific Industrial Co. <br> Ltd.<br>| 891024 | 17769349 |
|  | Pack Corp. | 78900 | 614768 |
|  | PALTAC Corp. | 17200 | 507271 |
|  | Parker Corp. | 31800 | 230914 |
|  | Pegasus Co. Ltd. | 81979 | 438002 |
|  | PHC Holdings Corp. | 31800 | 207866 |
|  | Pickles Holdings Co. <br> Ltd.<br>| 2995 | 21352 |
| # | Piolax, Inc. | 451787 | 5033992 |
|  | Press Kogyo Co. Ltd. | 1813900 | 7687509 |
|  | Prima Meat Packers <br> Ltd.<br>| 12400 | 199193 |
|  | Procrea Holdings, <br> Inc.<br>| 42746 | 480035 |
|  | PS Construction Co. <br> Ltd.<br>| 162129 | 1901488 |
|  | Raiznext Corp. | 11000 | 136670 |
|  | Rasa Corp. | 105200 | 1126525 |
|  | Rasa Industries Ltd. | 102000 | 3323304 |
|  | Rengo Co. Ltd. | 1471700 | 8963280 |
| #\* | RENOVA, Inc. | 315545 | 1690676 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Restar Corp. | 127700 | $2136389 |
| # | Retail Partners Co. <br> Ltd.<br>| 153700 | 1284013 |
|  | Rheon Automatic <br> Machinery Co. Ltd.<br>| 6499 | 60954 |
| # | Rhythm Co. Ltd. | 124300 | 2703520 |
|  | Ricoh Leasing Co. <br> Ltd.<br>| 358800 | 13176954 |
| # | Riken Technos Corp. | 926300 | 8396266 |
|  | Rion Co. Ltd. | 9500 | 153978 |
| # | Rokko Butter Co. Ltd. | 4200 | 31977 |
|  | Ryobi Ltd. | 378132 | 6750393 |
|  | RYODEN Corp. | 367300 | 7609630 |
|  | S Foods, Inc. | 33200 | 538842 |
| # | Sac's Bar Holdings, <br> Inc.<br>| 5800 | 29463 |
|  | Sakai Chemical <br> Industry Co. Ltd.<br>| 248584 | 4586859 |
| # | Sakai Heavy <br> Industries Ltd.<br>| 141200 | 1879920 |
|  | Sakata INX Corp. | 367030 | 5418013 |
|  | Sala Corp. | 661540 | 4507535 |
|  | San Holdings, Inc. | 380500 | 3707629 |
| # | San ju San Financial <br> Group, Inc.<br>| 107730 | 2547995 |
|  | San-Ai Obbli Co. Ltd. | 688300 | 9116471 |
|  | San-In Godo Bank <br> Ltd.<br>| 2961500 | 26039510 |
|  | Sanki Engineering Co. <br> Ltd.<br>| 139100 | 4780312 |
|  | Sanko Gosei Ltd. | 363747 | 1985577 |
|  | Sanko Metal Industrial <br> Co. Ltd.<br>| 205500 | 1809333 |
| # | Sankyo Seiko Co. <br> Ltd.<br>| 296700 | 1296930 |
| # | Sankyo Tateyama, <br> Inc.<br>| 152736 | 595875 |
|  | Sankyu, Inc. | 13800 | 704630 |
| # | Sanoh Industrial Co. <br> Ltd.<br>| 242200 | 1440913 |
|  | Sansei Technologies, <br> Inc.<br>| 94723 | 1391395 |
|  | Sansha Electric <br> Manufacturing Co. <br> Ltd.<br>| 142400 | 834566 |
|  | Sanshin Electronics <br> Co. Ltd.<br>| 7400 | 140296 |
|  | Sanyo Chemical <br> Industries Ltd.<br>| 80600 | 2193035 |
|  | Sanyo Denki Co. Ltd. | 236100 | 6037311 |
|  | Sanyo Industries Ltd. | 42000 | 1247538 |
|  | Sanyo Shokai Ltd. | 25900 | 534338 |
|  | Sanyo Trading Co. <br> Ltd.<br>| 153600 | 1581067 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Sata Construction Co. <br> Ltd.<br>| 8900 | $62427 |
|  | Sato Corp. | 22800 | 323613 |
| # | Sato Shoji Corp. | 236800 | 3304174 |
|  | SAXA, Inc. | 64599 | 2254561 |
| #\* | SBI ARUHI Corp. | 7100 | 36782 |
|  | Scroll Corp. | 4900 | 34828 |
|  | SEC Carbon Ltd. | 19700 | 272722 |
|  | Seibu Electric & <br> Machinery Co. Ltd.<br>| 5500 | 74895 |
| # | Seika Corp. | 246498 | 3675131 |
|  | Seiko Group Corp. | 243264 | 11171616 |
|  | Sekisui Jushi Corp. | 240013 | 3209281 |
| # | Sekisui Kasei Co. <br> Ltd.<br>| 12397 | 28451 |
|  | Senshu Ikeda <br> Holdings, Inc.<br>| 4018444 | 17344980 |
| # | Shibaura Machine Co. <br> Ltd.<br>| 215400 | 5981455 |
| # | Shibusawa Logistics <br> Corp.<br>| 654400 | 4697769 |
|  | Shibuya Corp. | 45600 | 1011647 |
|  | Shiga Bank Ltd. | 163000 | 6584264 |
|  | Shikibo Ltd. | 4570 | 29743 |
|  | Shikoku Bank Ltd. | 277699 | 2620785 |
|  | Shinagawa Refra Co. <br> Ltd.<br>| 527900 | 6327113 |
|  | Shindengen Electric <br> Manufacturing Co. <br> Ltd.<br>| 40199 | 912908 |
|  | Shinko Shoji Co. Ltd. | 43800 | 289242 |
|  | Shinmaywa Industries <br> Ltd.<br>| 337100 | 4383977 |
|  | Shinnihon Corp. | 492000 | 5654669 |
| # | Shinsho Corp. | 342197 | 5156023 |
| # | Shinwa Co. Ltd. (3447 <br> JP)<br>| 52300 | 281764 |
|  | Shinwa Co. Ltd. (7607 <br> JP)<br>| 2700 | 53807 |
|  | Shizuoka Gas Co. <br> Ltd.<br>| 729000 | 5330843 |
|  | Showa Sangyo Co. <br> Ltd.<br>| 111063 | 2120026 |
|  | Siix Corp. | 242920 | 2178666 |
| # | Sinanen Holdings Co. <br> Ltd.<br>| 119700 | 4793473 |
|  | Sintokogio Ltd. | 276362 | 1850757 |
| # | SK-Electronics Co. <br> Ltd.<br>| 18563 | 358242 |
|  | SKY Perfect JSAT <br> Holdings, Inc.<br>| 2834700 | 27893369 |
| # | SMK Corp. | 11049 | 162368 |
| # | Soda Nikka Co. Ltd. | 150900 | 977195 |
|  | Sodick Co. Ltd. | 182366 | 1153086 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Soft99 Corp. | 88100 | $2247691 |
|  | Soken Chemical & <br> Engineering Co. <br> Ltd.<br>| 172000 | 2659915 |
| # | Space Co. Ltd. | 7400 | 65590 |
| # | SPK Corp. | 110236 | 1598967 |
|  | Stanley Electric Co. <br> Ltd.<br>| 9300 | 182673 |
|  | Star Mica Holdings <br> Co. Ltd.<br>| 72229 | 533064 |
|  | Star Micronics Co. <br> Ltd.<br>| 76400 | 823369 |
|  | Starzen Co. Ltd. | 544270 | 4095307 |
| # | Stella Chemifa Corp. | 43200 | 1146717 |
| # | Subaru Enterprise Co. <br> Ltd.<br>| 54200 | 1154674 |
| # | Sugimoto & Co. Ltd. | 267838 | 3136713 |
|  | SUMCO Corp. | 1281554 | 13060083 |
|  | Sumida Corp. | 296216 | 2152330 |
|  | Suminoe Co. Ltd. | 114100 | 895044 |
|  | Sumitomo Heavy <br> Industries Ltd.<br>| 132300 | 3537247 |
|  | Sumitomo Osaka <br> Cement Co. Ltd.<br>| 408324 | 10200007 |
|  | Sumitomo Riko Co. <br> Ltd.<br>| 707924 | 11979966 |
| # | Sumitomo Seika <br> Chemicals Co. Ltd.<br>| 126714 | 3924942 |
|  | Sumitomo Warehouse <br> Co. Ltd.<br>| 1109800 | 23407733 |
|  | Sun Frontier <br> Fudousan Co. Ltd.<br>| 489000 | 7243904 |
| # | Suncall Corp. | 40800 | 267289 |
| # | Sun-Wa Technos <br> Corp.<br>| 257700 | 4475714 |
|  | Suruga Bank Ltd. | 2652300 | 26549816 |
|  | Suzuken Co. Ltd. | 14738 | 559698 |
|  | Suzuki Co. Ltd. | 203923 | 2849795 |
|  | T Hasegawa Co. Ltd. | 54900 | 961875 |
|  | T RAD Co. Ltd. | 64900 | 2936233 |
| # | Tachibana Eletech Co. <br> Ltd.<br>| 368520 | 6769710 |
| # | Tachikawa Corp. | 207261 | 2542712 |
|  | Tachi-S Co. Ltd. | 219100 | 2777326 |
|  | Tadano Ltd. | 268900 | 1867574 |
|  | Taihei Dengyo Kaisha <br> Ltd.<br>| 726300 | 10183871 |
|  | Taiheiyo Cement <br> Corp.<br>| 1120921 | 30412265 |
| # | Taiho Kogyo Co. Ltd. | 39299 | 174343 |
|  | Taisei Lamick Group <br> Head Quarter & <br> Innovation Co. Ltd.<br>| 6300 | 107761 |
|  | Taiyo Yuden Co. Ltd. | 761215 | 21619876 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Takamatsu <br> Construction Group <br> Co. Ltd.<br>| 166800 | $3660847 |
|  | Takamiya Co. Ltd. | 43800 | 118029 |
| # | Takano Co. Ltd. | 700 | 3409 |
|  | Takaoka Toko Co. <br> Ltd.<br>| 221344 | 4929434 |
|  | Takara Holdings, Inc. | 50400 | 513336 |
|  | Takara Standard Co. <br> Ltd.<br>| 549853 | 8880877 |
|  | Takasago International <br> Corp.<br>| 837550 | 8185413 |
| # | Takashima & Co. Ltd. | 401200 | 2131919 |
|  | Takashimaya Co. Ltd. | 1745934 | 18675127 |
|  | Take & Give Needs <br> Co. Ltd.<br>| 5500 | 29348 |
| # | TAKEBISHI Corp. | 66700 | 884316 |
| # | Tamura Corp. | 479838 | 1644524 |
|  | Tanabe Engineering <br> Corp.<br>| 26400 | 404685 |
| # | Tayca Corp. | 100383 | 855485 |
| # | Tbk Co. Ltd. | 36400 | 77636 |
|  | Techno Ryowa Ltd. | 220770 | 8103716 |
|  | Teijin Ltd. | 986626 | 8631524 |
| # | Teikoku Tsushin <br> Kogyo Co. Ltd.<br>| 158200 | 2535181 |
| # | Tera Probe, Inc. | 24596 | 933076 |
| # | Terasaki Electric Co. <br> Ltd.<br>| 19800 | 619384 |
| # | Tess Holdings Co. <br> Ltd.<br>| 230400 | 520122 |
|  | THK Co. Ltd. | 139992 | 3727639 |
|  | Tigers Polymer Corp. | 212200 | 1331325 |
|  | Toa Corp. (1885 JP) | 1057400 | 16196251 |
| # | Toa Corp. (6809 JP) | 151167 | 1238440 |
| # | TOA ROAD Corp. | 430700 | 4337467 |
|  | Toagosei Co. Ltd. | 1609200 | 15963011 |
|  | TOBISHIMA <br> HOLDINGS, Inc.<br>| 232576 | 3176401 |
|  | Toda Corp. | 1960100 | 13204718 |
|  | Toenec Corp. | 1078900 | 11709128 |
|  | Togami Electric <br> Manufacturing Co. <br> Ltd.<br>| 13600 | 372614 |
| # | Toho Bank Ltd. | 1006945 | 2979982 |
|  | Toho Holdings Co. <br> Ltd.<br>| 36600 | 1173720 |
| # | Tohoku Bank Ltd. | 50670 | 434825 |
|  | Tokai Carbon Co. Ltd. | 699771 | 4687634 |
|  | Tokai Corp. | 92163 | 1276744 |
|  | Tokai Rika Co. Ltd. | 809900 | 14549368 |
|  | Tokai Tokyo Financial <br> Holdings, Inc.<br>| 2663365 | 9868741 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Tokushu Tokai Paper <br> Co. Ltd.<br>| 484143 | $4658309 |
|  | Tokuyama Corp. | 966667 | 23998927 |
| # | Tokyo Energy & <br> Systems, Inc.<br>| 432110 | 4981082 |
|  | Tokyo Kiraboshi <br> Financial Group, <br> Inc.<br>| 337888 | 16088467 |
|  | Tokyo Rope <br> Manufacturing Co. <br> Ltd.<br>| 161100 | 1508248 |
| # | Tokyo Sangyo Co. <br> Ltd.<br>| 298700 | 1807162 |
|  | Tokyo Steel <br> Manufacturing Co. <br> Ltd.<br>| 48800 | 430596 |
| # | Tokyo Tekko Co. Ltd. | 121500 | 4440130 |
|  | Tokyu Construction <br> Co. Ltd.<br>| 235500 | 1601703 |
|  | Toli Corp. | 929700 | 3761132 |
|  | Tomato Bank Ltd. | 35600 | 318777 |
|  | Tomen Devices Corp. | 17800 | 1087580 |
| # | Tomoe Corp. | 634100 | 7447315 |
| # | Tomoe Engineering <br> Co. Ltd.<br>| 284700 | 2927185 |
|  | Tomoku Co. Ltd. | 233164 | 4979941 |
|  | TOMONY Holdings, <br> Inc.<br>| 666786 | 2954848 |
|  | Topre Corp. | 357299 | 5179364 |
|  | Topy Industries Ltd. | 94899 | 1752184 |
| # | Tosho Co. Ltd. | 53299 | 272223 |
|  | Towa Bank Ltd. | 255402 | 1538271 |
| # | Towa Pharmaceutical <br> Co. Ltd.<br>| 154340 | 2841320 |
| # | Toyo Innovex Co. Ltd. | 59300 | 254881 |
|  | Toyo Kanetsu KK | 89500 | 2618129 |
|  | Toyo Logistics Co. <br> Ltd.<br>| 1499 | 18988 |
| # | Toyo Tanso Co. Ltd. | 34375 | 1028415 |
| # | Toyo Tire Corp. | 1180692 | 32268378 |
| # | Toyo Wharf & <br> Warehouse Co. <br> Ltd.<br>| 21999 | 230853 |
|  | Toyobo Co. Ltd. | 318573 | 2364705 |
|  | Toyoda Gosei Co. <br> Ltd.<br>| 318601 | 7373949 |
|  | Toyota Boshoku <br> Corp.<br>| 172700 | 2625917 |
|  | TPR Co. Ltd. | 452942 | 3557124 |
|  | Trinity Industrial Corp. | 12100 | 92287 |
|  | Trusco Nakayama <br> Corp.<br>| 31500 | 496649 |
|  | TS Tech Co. Ltd. | 1113800 | 13200510 |
|  | TSI Holdings Co. Ltd. | 623305 | 3867716 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Tsubakimoto Chain <br> Co.<br>| 1213916 | $16990139 |
| # | Tsubakimoto Kogyo <br> Co. Ltd.<br>| 62100 | 1098232 |
| # | Tsukishima Holdings <br> Co. Ltd.<br>| 462530 | 7651548 |
| # | Tsukuba Bank Ltd. | 297767 | 608746 |
|  | Tsumura & Co. | 108038 | 2506112 |
| # | Tsurumi Manufacturing <br> Co. Ltd.<br>| 382600 | 4821497 |
|  | TV Asahi Holdings <br> Corp.<br>| 168700 | 3432938 |
|  | Tv Tokyo Holdings <br> Corp.<br>| 128400 | 3866524 |
|  | TYK Corp. | 467200 | 1674490 |
|  | UACJ Corp. | 2597076 | 33535673 |
|  | UBE Corp. | 1278955 | 18801940 |
|  | Ueki Corp. | 29200 | 472378 |
| # | Unipres Corp. | 269639 | 2093184 |
| # | United Super Markets <br> Holdings, Inc.<br>| 263100 | 1404601 |
|  | Ushio, Inc. | 19400 | 321646 |
|  | V Technology Co. <br> Ltd.<br>| 7800 | 175236 |
|  | Valor Holdings Co. <br> Ltd.<br>| 325830 | 5964486 |
|  | Vital KSK Holdings, <br> Inc.<br>| 142600 | 1149028 |
|  | VT Holdings Co. Ltd. | 197564 | 623627 |
| # | Wakachiku <br> Construction Co. <br> Ltd.<br>| 148800 | 4628467 |
|  | Wakita & Co. Ltd. | 832300 | 9577680 |
|  | Warabeya Nichiyo <br> Holdings Co. Ltd.<br>| 162768 | 3291049 |
| # | Wellneo Sugar Co. <br> Ltd.<br>| 177200 | 2897851 |
|  | World Co. Ltd. | 278500 | 4886960 |
|  | World Holdings Co. <br> Ltd.<br>| 4300 | 69895 |
|  | Wowow, Inc. | 19200 | 181020 |
| # | Xebio Holdings Co. <br> Ltd.<br>| 157746 | 1115168 |
|  | Yahagi Construction <br> Co. Ltd.<br>| 226300 | 3201506 |
|  | YAMABIKO Corp. | 387345 | 6471413 |
|  | Yamae Group <br> Holdings Co. Ltd.<br>| 20736 | 344247 |
|  | Yamaguchi Financial <br> Group, Inc.<br>| 230247 | 2637904 |
| # | Yamatane Corp. | 406198 | 6719636 |
|  | Yamato Corp. | 337500 | 4741913 |
| # | Yamaya Corp. | 53700 | 824398 |
|  | Yamazen Corp. | 219500 | 2033858 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Yasuda Logistics <br> Corp.<br>| 316700 | $4449341 |
|  | Yellow Hat Ltd. | 503600 | 5071096 |
| # | Yodoko Ltd. | 2169300 | 18289801 |
|  | Yokogawa Bridge <br> Holdings Corp.<br>| 223000 | 3980621 |
| # | Yokorei Co. Ltd. | 883400 | 7027249 |
|  | Yokowo Co. Ltd. | 77175 | 988420 |
| # | Yondenko Corp. | 465500 | 4242887 |
| # | Yorozu Corp. | 71707 | 425987 |
| # | Yotai Refractories Co. <br> Ltd.<br>| 7800 | 89935 |
| # | Yuasa Funashoku Co. <br> Ltd.<br>| 157196 | 1686830 |
|  | Yuasa Trading Co. <br> Ltd.<br>| 48900 | 1589874 |
|  | Yuken Kogyo Co. Ltd. | 6300 | 119823 |
|  | Yurtec Corp. | 1000000 | 16121113 |
|  | Yushiro, Inc. | 154200 | 2124339 |
|  | Yutaka Giken Co. Ltd. | 15500 | 304446 |
|  | Zacros Corp. | 266400 | 1820676 |
|  | Zeon Corp. | 590900 | 6062921 |
| TOTAL JAPAN | TOTAL JAPAN |  | 3451161146 |
| NETHERLANDS — (2.4%) | NETHERLANDS — (2.4%) | NETHERLANDS — (2.4%) | NETHERLANDS — (2.4%) |
|  | Aalberts NV | 148461 | 4703428 |
|  | Acomo NV | 51965 | 1407609 |
|  | Aegon Ltd. (AEG US) | 1011928 | 7660295 |
|  | Aegon Ltd. (AGN NA) | 900095 | 6859377 |
|  | AMG Critical Materials <br> NV<br>| 91534 | 3039139 |
|  | Aperam SA | 869376 | 30295386 |
| Ω | B&S Group SARL | 9819 | 67232 |
| # | Brunel International <br> NV<br>| 47553 | 423804 |
|  | Corbion NV | 216544 | 4407375 |
| \* | Flow Traders Ltd. | 219359 | 6031728 |
|  | ForFarmers NV | 459566 | 2222537 |
| # | Fugro NV | 429355 | 4384700 |
|  | Havas NV | 1419943 | 2478047 |
|  | Kendrion NV | 42429 | 696074 |
|  | Koninklijke BAM <br> Groep NV<br>| 5445668 | 50551520 |
|  | Koninklijke Heijmans <br> NV<br>| 587961 | 41653523 |
|  | Koninklijke Vopak NV | 623560 | 28257855 |
|  | Randstad NV | 219178 | 8589778 |
|  | SBM Offshore NV | 3105767 | 80312089 |
| Ω | Signify NV | 988723 | 23667537 |
| # | Sligro Food Group <br> NV<br>| 190229 | 2042900 |
|  | Van Lanschot Kempen <br> NV<br>| 172348 | 10076741 |
| TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 319828674 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NEW ZEALAND — (0.1%) | NEW ZEALAND — (0.1%) | NEW ZEALAND — (0.1%) | NEW ZEALAND — (0.1%) |
| # | Chorus Ltd. (CNU <br> NZ)<br>| 475234 | $2544901 |
| # | Colonial Motor Co. <br> Ltd.<br>| 239270 | 1096582 |
| \* | Fletcher Building Ltd. <br> (FBU NZ)<br>| 178901 | 333495 |
|  | Genesis Energy Ltd. | 76325 | 109614 |
|  | Heartland Group <br> Holdings Ltd.<br>| 428765 | 266017 |
| \* | KMD Brands Ltd. | 1659943 | 270604 |
| # | NZME Ltd. (NZM AU) | 1012279 | 677038 |
| #\* | Oceania Healthcare <br> Ltd.<br>| 98779 | 44627 |
|  | PGG Wrightson Ltd. | 121001 | 157922 |
| \*†† | RPNZ Ltd. | 832183 | 0 |
| \* | Ryman Healthcare <br> Ltd.<br>| 230653 | 377715 |
|  | Sanford Ltd. | 829239 | 2919685 |
| # | SKY Network <br> Television Ltd.<br>| 782020 | 1611538 |
| # | Summerset Group <br> Holdings Ltd.<br>| 145420 | 964481 |
| TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 11374219 |
| NORWAY — (0.7%) | NORWAY — (0.7%) | NORWAY — (0.7%) | NORWAY — (0.7%) |
|  | Akastor ASA | 412997 | 453310 |
|  | Archer Ltd. | 63100 | 146921 |
|  | Austevoll Seafood <br> ASA<br>| 54350 | 510308 |
|  | B2 Impact ASA | 2088855 | 3580546 |
|  | Bonheur ASA | 168337 | 3641834 |
| \* | BW Energy Ltd. | 11549 | 43996 |
| Ω | BW LPG Ltd. | 460061 | 6092455 |
|  | BW Offshore Ltd. | 1239962 | 4515250 |
| \* | Cloudberry Clean <br> Energy ASA<br>| 155160 | 201953 |
|  | DNO ASA | 6922102 | 9451990 |
| #Ω | Elkem ASA | 1967926 | 5176215 |
|  | FLEX LNG Ltd. <br> (FLNG NO)<br>| 2529 | 65678 |
| \* | Hexagon Composites <br> ASA<br>| 25904 | 23265 |
| # | Hoegh Autoliners <br> ASA<br>| 66767 | 598270 |
| Ω | Klaveness <br> Combination <br> Carriers ASA<br>| 44763 | 339307 |
| #\* | Kongsberg Automotive <br> ASA<br>| 2510063 | 428926 |
| \* | LINK Mobility Group <br> Holding ASA<br>| 444448 | 1316378 |
|  | MPC Container Ships <br> ASA<br>| 4576780 | 8008575 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
| #\*Ω | Norske Skog ASA | 197853 | $305933 |
| \* | Northern Ocean Ltd. | 31297 | 18581 |
| \* | NRC Group ASA | 488967 | 372215 |
|  | Odfjell Drilling Ltd. | 1919859 | 15421152 |
|  | Odfjell SE, Class A | 319298 | 3837920 |
|  | Panoro Energy ASA | 596786 | 1275361 |
|  | Pareto Bank ASA | 93962 | 796056 |
| \*Ω | Scatec ASA | 275485 | 2905773 |
|  | Sea1 offshore, Inc. | 460036 | 910573 |
| #\*Ω | Shelf Drilling Ltd. | 573017 | 1034440 |
| # | Solstad Maritime <br> Holding AS<br>| 684370 | 1212315 |
| \* | Solstad Offshore ASA | 61678 | 264631 |
| # | Sparebank 1 <br> Oestlandet<br>| 77552 | 1359952 |
|  | Sparebanken More | 44433 | 438444 |
|  | Sparebanken Norge | 2031 | 35380 |
|  | Stolt-Nielsen Ltd. | 177687 | 5959826 |
|  | TGS ASA | 642328 | 5543120 |
|  | Wilh Wilhelmsen <br> Holding ASA, <br> Class A<br>| 188086 | 9480224 |
| TOTAL NORWAY | TOTAL NORWAY |  | 95767073 |
| PORTUGAL — (0.6%) | PORTUGAL — (0.6%) | PORTUGAL — (0.6%) | PORTUGAL — (0.6%) |
|  | Banco Comercial <br> Portugues SA, <br> Class R<br>| 66411391 | 58621449 |
|  | Semapa-Sociedade <br> de Investimento e <br> Gestao<br>| 35667 | 744065 |
|  | Sonae SGPS SA | 10400396 | 16944486 |
| \* | Teixeira Duarte SA | 637337 | 512162 |
| TOTAL PORTUGAL | TOTAL PORTUGAL |  | 76822162 |
| SINGAPORE — (0.7%) | SINGAPORE — (0.7%) | SINGAPORE — (0.7%) | SINGAPORE — (0.7%) |
| # | Banyan Tree Holdings <br> Ltd.<br>| 2331000 | 1127211 |
|  | Bonvests Holdings <br> Ltd.<br>| 949780 | 720106 |
|  | Bukit Sembawang <br> Estates Ltd.<br>| 96200 | 309699 |
|  | China Aviation Oil <br> Singapore Corp. <br> Ltd.<br>| 1716100 | 2003065 |
|  | Chuan Hup Holdings <br> Ltd.<br>| 1032000 | 173975 |
|  | City Developments <br> Ltd.<br>| 833300 | 4628529 |
| #\* | COSCO Shipping <br> International <br> Singapore Co. Ltd.<br>| 2711900 | 251892 |
| \* | Del Monte Pacific Ltd. | 552400 | 37783 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
| #\*†† | Ezra Holdings Ltd. | 12978893 | $0 |
|  | Far East Orchard Ltd. | 3054507 | 2908324 |
|  | First Sponsor Group <br> Ltd.<br>| 1009855 | 802680 |
|  | Geo Energy <br> Resources Ltd.<br>| 3068800 | 1141775 |
|  | Golden <br> Agri-Resources <br> Ltd.<br>| 53177200 | 11439880 |
| # | GuocoLand Ltd. | 2392900 | 3987609 |
|  | Haw Par Corp. Ltd. | 333600 | 3792951 |
| # | Ho Bee Land Ltd. | 5392300 | 9318202 |
| # | Hong Fok Corp. Ltd. | 5058060 | 2991075 |
|  | Hong Leong Asia Ltd. | 3070800 | 5681310 |
|  | Hong Leong Finance <br> Ltd.<br>| 1234900 | 2475912 |
| # | Hotel Grand Central <br> Ltd.<br>| 2293249 | 1232820 |
|  | Hutchison Port <br> Holdings Trust<br>| 29446700 | 6186545 |
| #\*†† | Hyflux Ltd. | 5949038 | 0 |
|  | Indofood Agri <br> Resources Ltd.<br>| 423200 | 120119 |
|  | ISDN Holdings Ltd. | 294144 | 96112 |
| \*†† | Jurong Technologies <br> Industrial Corp. Ltd.<br>| 3391000 | 0 |
|  | Low Keng Huat <br> Singapore Ltd.<br>| 275800 | 145992 |
|  | Metro Holdings Ltd. | 1584960 | 657353 |
| \*†† | Midas Holdings Ltd. | 29676800 | 0 |
|  | Olam Group Ltd. | 1297300 | 977523 |
| # | OUE Ltd. | 2054300 | 2020840 |
|  | QAF Ltd. | 3152608 | 2168849 |
| \* | Rex International <br> Holding Ltd.<br>| 773300 | 99407 |
|  | Samudera Shipping <br> Line Ltd.<br>| 808700 | 602463 |
| # | Sing Holdings Ltd. | 1205300 | 435313 |
|  | Sing Investments & <br> Finance Ltd.<br>| 308900 | 379533 |
| # | Singapore Land <br> Group Ltd.<br>| 2000221 | 4733731 |
| # | Singapore Post Ltd. | 2972400 | 960273 |
| # | Stamford Land Corp. <br> Ltd.<br>| 6012967 | 2310710 |
| \*†† | Swiber Holdings Ltd. | 10173200 | 0 |
|  | Tiong Woon Corp. <br> Holding Ltd.<br>| 2088950 | 1300468 |
|  | Tuan Sing Holdings <br> Ltd.<br>| 7196456 | 1909748 |
|  | UOB-Kay Hian <br> Holdings Ltd.<br>| 598690 | 1125526 |
|  | UOL Group Ltd. | 660500 | 4035134 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Valuetronics Holdings <br> Ltd.<br>| 132200 | $86793 |
|  | Wee Hur Holdings <br> Ltd.<br>| 1268400 | 704208 |
|  | Wing Tai Holdings <br> Ltd.<br>| 4558854 | 5010936 |
|  | Yeo Hiap Seng Ltd. | 323363 | 150494 |
| TOTAL SINGAPORE | TOTAL SINGAPORE |  | 91242868 |
| SPAIN — (3.8%) | SPAIN — (3.8%) | SPAIN — (3.8%) | SPAIN — (3.8%) |
|  | Acciona SA | 5955 | 1318092 |
|  | Acerinox SA | 2991438 | 38523294 |
| \*†† | Adveo Group <br> International SA<br>| 15262 | 0 |
| Ω | Aedas Homes SA | 56873 | 1395851 |
|  | Almirall SA | 119336 | 1717545 |
|  | Atresmedia Corp. de <br> Medios de <br> Comunicacion SA<br>| 317384 | 1920983 |
|  | Banco de Sabadell <br> SA<br>| 39679789 | 148755370 |
|  | Bankinter SA | 7238215 | 109110556 |
| # | Corp. ACCIONA <br> Energias <br> Renovables SA<br>| 179971 | 4951143 |
| # | Ebro Foods SA | 1347027 | 27454269 |
|  | Elecnor SA | 23703 | 773220 |
|  | Enagas SA | 415882 | 6599864 |
| # | Ence Energia y <br> Celulosa SA<br>| 423212 | 1292536 |
| \* | Ercros SA | 2572637 | 9493987 |
| #Ω | Gestamp Automocion <br> SA<br>| 1183166 | 4578118 |
| Ω | Global Dominion <br> Access SA<br>| 59997 | 219857 |
|  | Grifols SA | 1457379 | 18884547 |
|  | Grupo Catalana <br> Occidente SA<br>| 644985 | 36801151 |
|  | Iberpapel Gestion SA <br> (IBG SM)<br>| 65151 | 1495112 |
|  | Mapfre SA | 12150138 | 53659092 |
| Ω | Neinor Homes SA | 229357 | 4560552 |
| \* | Obrascon Huarte Lain <br> SA<br>| 481310 | 252435 |
| \* | Solaria Energia y <br> Medio Ambiente <br> SA<br>| 62859 | 1087015 |
| # | Tubacex SA | 1149209 | 4377658 |
| Ω | Unicaja Banco SA | 9148720 | 24699823 |
| \* | Vocento SA | 18019 | 13287 |
| TOTAL SPAIN | TOTAL SPAIN |  | 503935357 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (2.9%) | SWEDEN — (2.9%) | SWEDEN — (2.9%) | SWEDEN — (2.9%) |
| Ω | AcadeMedia AB | 1016420 | $11224406 |
|  | AFRY AB | 693419 | 11895663 |
| Ω | Alimak Group AB | 536764 | 7929758 |
|  | Alleima AB | 1135658 | 9807824 |
|  | Alligo AB, Class B | 299027 | 3731027 |
| Ω | Ambea AB | 713417 | 9619042 |
|  | Arise AB | 7554 | 23847 |
| # | Arjo AB, Class B | 2456143 | 7793979 |
| Ω | Attendo AB | 1279622 | 10857114 |
|  | Bergman & Beving <br> AB<br>| 357549 | 12620800 |
|  | Betsson AB, Class B | 1100884 | 17156839 |
| #\* | Better Collective AS | 22961 | 281712 |
| \* | BHG Group AB | 33121 | 99962 |
|  | Billerud Aktiebolag | 333757 | 3088394 |
| Ω | Bravida Holding AB | 13230 | 111824 |
|  | Bulten AB | 51695 | 265179 |
|  | Bure Equity AB | 391657 | 11470582 |
|  | Byggmax Group AB | 909067 | 4624328 |
|  | Catella AB | 42545 | 138972 |
| \* | Cint Group AB | 1152040 | 437558 |
|  | Cloetta AB, Class B | 2510361 | 9348773 |
| Ω | Coor Service <br> Management <br> Holding AB<br>| 27662 | 135833 |
| Ω | Dometic Group AB | 695359 | 3398921 |
|  | Eastnine AB | 38661 | 203569 |
|  | Elanders AB, Class B | 109549 | 729998 |
|  | Elekta AB, Class B | 485166 | 2466008 |
| \* | Enea AB | 27764 | 203323 |
|  | Fagerhult Group AB | 253641 | 1232642 |
|  | Fasadgruppen Group <br> AB<br>| 66512 | 208799 |
|  | G5 Entertainment AB | 9987 | 98905 |
|  | Granges AB | 2206299 | 32284432 |
|  | Hanza AB | 2529 | 34909 |
| #\* | Hexatronic Group AB | 469345 | 1068187 |
| #Ω | Hoist Finance AB | 942228 | 9819024 |
|  | Humana AB | 148713 | 757447 |
| \* | Humble Group AB | 82625 | 72808 |
| \* | International <br> Petroleum Corp. <br> (IPCO CN)<br>| 37012 | 587952 |
| #\* | International <br> Petroleum Corp. <br> (IPCO SS)<br>| 1498526 | 23320630 |
| \* | Intrum AB | 296960 | 1346125 |
|  | Inwido AB | 1052133 | 15816847 |
| \* | ITAB Shop Concept <br> AB<br>| 107158 | 226013 |
|  | JM AB | 957641 | 13633947 |
|  | Kabe Group AB, <br> Class B<br>| 1549 | 37149 |
| #\* | K-fast Holding AB | 23086 | 35472 |
|  | KNOW IT AB | 161606 | 2062756 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
| # | Lindab International <br> AB<br>| 820616 | $19631050 |
|  | Loomis AB | 523845 | 21103321 |
|  | MEKO AB | 535967 | 4335379 |
| \* | Modern Times Group <br> MTG AB, Class B<br>| 485988 | 6532862 |
|  | Momentum Group AB | 92180 | 1578728 |
| # | NCC AB, Class B | 609877 | 13902687 |
| # | New Wave Group AB, <br> Class B<br>| 1145913 | 13505330 |
| \* | Nobia AB | 454937 | 213975 |
| \* | Norion Bank AB | 572300 | 4264057 |
|  | Peab AB, Class B | 2112913 | 17099988 |
|  | Ratos AB, Class B | 2820309 | 11409578 |
|  | Rejlers AB | 10104 | 211357 |
| \* | Rottneros AB | 2573885 | 737533 |
|  | Scandi Standard AB | 89097 | 922726 |
| #\* | Sdiptech AB, Class B | 95378 | 1898830 |
| \* | Sensys Gatso Group <br> AB<br>| 15937 | 63503 |
| \*Ω | Sinch AB | 5259522 | 19045568 |
|  | Storskogen Group AB, <br> Class B<br>| 5500857 | 5683794 |
|  | Svedbergs Group AB | 6874 | 42877 |
| #\* | Tobii AB | 341374 | 63055 |
|  | VBG Group AB, <br> Class B<br>| 71398 | 2715268 |
| \* | Vestum AB | 37879 | 34659 |
|  | Vitrolife AB | 69819 | 1077579 |
| TOTAL SWEDEN | TOTAL SWEDEN |  | 388382983 |
| SWITZERLAND — (5.7%) | SWITZERLAND — (5.7%) | SWITZERLAND — (5.7%) | SWITZERLAND — (5.7%) |
|  | Adecco Group AG | 1064221 | 29673006 |
|  | Allreal Holding AG | 209199 | 50000375 |
| \* | ams-OSRAM AG | 321559 | 4449562 |
|  | Arbonia AG | 551455 | 3487064 |
|  | Ascom Holding AG | 7044 | 31337 |
|  | Autoneum Holding <br> AG<br>| 55686 | 11077685 |
|  | Banque Cantonale de <br> Geneve<br>| 357000 | 11067126 |
|  | Banque Cantonale du <br> Jura SA<br>| 3334 | 269617 |
|  | Banque Cantonale <br> Vaudoise<br>| 15243 | 1769813 |
| # | Barry Callebaut AG | 1524 | 1981261 |
|  | Bell Food Group AG | 31865 | 9142793 |
|  | Bellevue Group AG | 6424 | 68770 |
|  | Berner Kantonalbank <br> AG<br>| 54592 | 17784690 |
|  | Bucher Industries AG | 13139 | 5830100 |
|  | Bystronic AG | 5283 | 1963540 |
| \* | Carlo Gavazzi Holding <br> AG<br>| 8034 | 1593429 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Cembra Money Bank <br> AG<br>| 184921 | $21146272 |
| \* | Cicor Technologies <br> Ltd.<br>| 21958 | 6038614 |
|  | Cie Financiere <br> Tradition SA<br>| 16344 | 6188824 |
| # | Clariant AG | 1823495 | 16349636 |
|  | COSMO <br> Pharmaceuticals <br> NV<br>| 9782 | 823250 |
|  | EFG International AG | 1857857 | 38741690 |
| #\* | Feintool International <br> Holding AG<br>| 15031 | 177554 |
|  | Flughafen Zurich AG | 20622 | 6091444 |
|  | Forbo Holding AG | 2648 | 2433007 |
| #\* | Gurit Holding AG, <br> Class BR<br>| 1322 | 17206 |
|  | Helvetia Holding AG | 267136 | 65642987 |
|  | Huber & Suhner AG | 14817 | 2713683 |
|  | Implenia AG | 329548 | 26149704 |
|  | Investis Holding SA | 20214 | 3303474 |
|  | Jungfraubahn Holding <br> AG<br>| 35827 | 10532074 |
| \* | Komax Holding AG | 6306 | 519613 |
|  | Landis & Gyr Group <br> AG<br>| 318736 | 23090738 |
|  | Liechtensteinische <br> Landesbank AG<br>| 203389 | 20009161 |
|  | Luzerner <br> Kantonalbank AG<br>| 179161 | 18225525 |
| Ω | Medmix AG | 76659 | 880547 |
|  | Meier Tobler Group <br> AG<br>| 583 | 28612 |
| # | Metall Zug AG, <br> Class B<br>| 1393 | 1287179 |
|  | Mikron Holding AG | 3236 | 86053 |
|  | Mobimo Holding AG | 94393 | 40011490 |
| \*Ω | Montana Aerospace <br> AG<br>| 110779 | 4392047 |
|  | Naturenergie Holding <br> AG<br>| 33987 | 1401657 |
|  | OC Oerlikon Corp. AG <br> Pfaffikon<br>| 1845694 | 6600181 |
|  | Orell Fuessli AG | 244 | 34418 |
|  | Phoenix Mecano AG | 7969 | 4343551 |
|  | Rieter Holding AG | 333034 | 1422247 |
|  | Schweiter <br> Technologies AG<br>| 8900 | 3074181 |
|  | Siegfried Holding AG | 553000 | 53342205 |
|  | SIG Group AG | 30128 | 336854 |
|  | Softwareone Holding <br> AG<br>| 35876 | 368651 |
|  | St. Galler <br> Kantonalbank AG<br>| 51311 | 32547508 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Sunrise <br> Communications <br> AG, Class A<br>| 134364 | $7364785 |
| # | Swatch Group AG <br> (UHR SW)<br>| 102037 | 21324359 |
| # | Swatch Group AG <br> (UHRN SW)<br>| 51339 | 2176816 |
|  | Swiss Prime Site AG | 478685 | 68041672 |
|  | Tecan Group AG | 2042 | 372897 |
|  | Thurgauer <br> Kantonalbank<br>| 11153 | 2162236 |
|  | TX Group AG | 17388 | 4391526 |
|  | Valiant Holding AG | 70569 | 11615151 |
|  | Vaudoise Assurances <br> Holding SA<br>| 22526 | 17299714 |
|  | Vetropack Holding AG | 106953 | 2852681 |
|  | Vontobel Holding AG | 339957 | 25778640 |
|  | VP Bank AG, Class A | 51815 | 5197608 |
| # | V-ZUG Holding AG | 9555 | 492551 |
|  | Walliser <br> Kantonalbank<br>| 20173 | 3236083 |
|  | Zehnder Group AG | 117485 | 10352407 |
|  | Zug Estates Holding <br> AG, Class B<br>| 870 | 2313229 |
|  | Zuger Kantonalbank | 438 | 4777845 |
| TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 758292205 |
| UNITED KINGDOM — (11.2%) | UNITED KINGDOM — (11.2%) | UNITED KINGDOM — (11.2%) | UNITED KINGDOM — (11.2%) |
|  | Aberdeen Group PLC | 7556510 | 20153466 |
| \* | Accesso Technology <br> Group PLC<br>| 1925 | 8970 |
|  | Anglo-Eastern <br> Plantations PLC<br>| 376428 | 6924391 |
|  | Ashmore Group PLC | 1454317 | 3590437 |
|  | Atalaya Mining <br> Copper SA<br>| 307730 | 2767806 |
| \* | Auction Technology <br> Group PLC<br>| 420875 | 1709194 |
|  | Aviva PLC | 1647403 | 14479500 |
| Ω | Bakkavor Group PLC | 2597844 | 7571476 |
|  | Balfour Beatty PLC | 7793545 | 68879912 |
|  | Barratt Redrow PLC | 26738 | 132312 |
|  | Beazley PLC | 61632 | 753993 |
|  | Bellway PLC | 2230592 | 76984380 |
|  | Berkeley Group <br> Holdings PLC<br>| 456788 | 24198191 |
|  | Bloomsbury <br> Publishing PLC<br>| 449494 | 2949389 |
|  | Bodycote PLC | 2576437 | 20888869 |
|  | Breedon Group PLC | 2566837 | 11619352 |
| # | Brickability Group <br> PLC<br>| 131612 | 96925 |
|  | Burford Capital Ltd. | 807706 | 7934701 |
|  | C&C Group PLC | 2228226 | 4003321 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Camellia PLC | 434 | $33780 |
| \* | Canal & SA | 560261 | 1763073 |
| \* | Capita PLC | 15755 | 64951 |
|  | Capital Ltd. | 127318 | 200685 |
| \* | Capricorn Energy <br> PLC<br>| 1072291 | 2816813 |
|  | Card Factory PLC | 4063239 | 5522059 |
|  | Castings PLC | 484738 | 1551301 |
|  | Central Asia Metals <br> PLC<br>| 1504826 | 3147247 |
|  | Chemring Group PLC | 628689 | 4739218 |
|  | Chesnara PLC | 1757891 | 6352154 |
| \* | Close Brothers Group <br> PLC<br>| 258786 | 1427498 |
| Ω | CMC Markets PLC | 128112 | 362467 |
|  | Conduit Holdings Ltd. | 271493 | 1209161 |
|  | Costain Group PLC | 628788 | 1268051 |
|  | Crest Nicholson <br> Holdings PLC<br>| 1410676 | 3066998 |
|  | Currys PLC | 8277816 | 15279242 |
| # | DCC PLC | 7591 | 500088 |
| \* | DFS Furniture PLC | 697591 | 1460416 |
|  | Diversified Energy Co. <br> PLC (DEC LN)<br>| 1537 | 19391 |
|  | Drax Group PLC | 4360712 | 41329425 |
|  | Ecora Resources <br> PLC<br>| 1371387 | 1730394 |
|  | Elementis PLC | 3699762 | 7997297 |
|  | EnQuest PLC | 12475955 | 1994376 |
|  | Essentra PLC | 1272751 | 1627788 |
|  | Eurocell PLC | 23985 | 39217 |
| # | Fevara PLC | 254928 | 405151 |
|  | Firstgroup PLC | 10565467 | 29185578 |
|  | Foxtons Group PLC | 3203322 | 2315172 |
| \* | Frasers Group PLC | 2381049 | 22857700 |
|  | Fuller Smith & Turner <br> PLC, Class A<br>| 13593 | 110046 |
|  | Future PLC | 638782 | 5150744 |
|  | Galliford Try Holdings <br> PLC<br>| 552315 | 3769716 |
|  | GB Group PLC | 122007 | 377669 |
|  | Genuit Group PLC | 464613 | 2258921 |
| \* | Georgia Capital PLC | 254513 | 8661188 |
|  | Gooch & Housego <br> PLC<br>| 1399 | 10584 |
|  | Grafton Group PLC, <br> CDI<br>| 5219892 | 65272565 |
|  | Grainger PLC | 6939221 | 17097265 |
|  | Greencore Group <br> PLC<br>| 3777249 | 11832514 |
| \* | Griffin Mining Ltd. | 11516 | 28792 |
| # | Gulf Keystone <br> Petroleum Ltd.<br>| 1882225 | 4480523 |
| \* | Gulf Marine Services <br> PLC<br>| 783363 | 173069 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Halfords Group PLC | 1624927 | $3192220 |
|  | Hargreaves Services <br> PLC<br>| 20111 | 173428 |
|  | Harworth Group PLC | 620974 | 1337990 |
| \* | Headlam Group PLC | 178420 | 120400 |
|  | Helical PLC | 397030 | 1088131 |
|  | Henry Boot PLC | 1265327 | 3679930 |
|  | Hiscox Ltd. | 866202 | 15659435 |
|  | Hochschild Mining <br> PLC<br>| 1809691 | 7866688 |
|  | Hunting PLC | 426618 | 1915836 |
| Ω | Ibstock PLC | 3744256 | 6726300 |
|  | IG Group Holdings <br> PLC<br>| 900804 | 13185582 |
|  | International Personal <br> Finance PLC<br>| 2084121 | 5600188 |
|  | Investec PLC | 1040874 | 7837403 |
|  | Ithaca Energy PLC | 234452 | 671553 |
|  | ITV PLC | 4726683 | 4326596 |
| \* | James Fisher & Sons <br> PLC<br>| 43951 | 229692 |
| #\* | John Wood Group <br> PLC<br>| 2015895 | 488343 |
|  | Johnson Matthey <br> PLC<br>| 1316612 | 36873409 |
|  | Jupiter Fund <br> Management PLC<br>| 4544545 | 9097186 |
|  | Just Group PLC | 1906779 | 5322922 |
|  | Keller Group PLC | 1423361 | 29691171 |
|  | Kier Group PLC | 3665412 | 10429746 |
|  | Kingfisher PLC | 3839543 | 15571574 |
|  | Kitwave Group PLC | 93737 | 264592 |
|  | Lancashire Holdings <br> Ltd.<br>| 1792903 | 15743872 |
|  | Lion Finance Group <br> PLC<br>| 848550 | 89330048 |
|  | Liontrust Asset <br> Management PLC<br>| 108909 | 444856 |
|  | London Investment <br> Group PLC<br>| 8346 | 41192 |
|  | LSL Property Services <br> PLC<br>| 2743 | 9197 |
|  | Macfarlane Group <br> PLC<br>| 249756 | 228486 |
|  | Man Group PLC | 1944188 | 5371422 |
|  | Marks & Spencer <br> Group PLC<br>| 13274339 | 69369285 |
|  | Marshalls PLC | 999322 | 2216688 |
| \* | Marston's PLC | 4103050 | 2469816 |
|  | Mears Group PLC | 1697364 | 7911362 |
| \* | Mitchells & Butlers <br> PLC<br>| 5150861 | 16471537 |
|  | MJ Gleeson PLC | 540790 | 2622283 |
|  | Mondi PLC | 468873 | 5240988 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Morgan Advanced <br> Materials PLC<br>| 152444 | $408811 |
|  | Morgan Sindall Group <br> PLC<br>| 61103 | 3733374 |
|  | MP Evans Group <br> PLC<br>| 102253 | 1813923 |
|  | Norcros PLC | 259649 | 1023127 |
| Ω | On the Beach Group <br> PLC<br>| 399757 | 1116683 |
|  | OSB Group PLC | 7202742 | 51052776 |
|  | Pan African <br> Resources PLC<br>| 3447514 | 3788067 |
|  | Paragon Banking <br> Group PLC<br>| 6508032 | 70979090 |
|  | Persimmon PLC | 2571228 | 40864812 |
|  | Pets at Home Group <br> PLC<br>| 7322387 | 20626589 |
|  | Pharos Energy PLC | 1174296 | 317966 |
| \* | Pinewood <br> Technologies Group <br> PLC<br>| 207993 | 1006654 |
|  | Playtech PLC | 2351612 | 8139073 |
|  | Pollen Street Group <br> Ltd.<br>| 75052 | 873724 |
|  | Premier Foods PLC | 16958900 | 40676773 |
|  | PZ Cussons PLC | 297942 | 289930 |
| Ω | Quilter PLC | 12883079 | 30759037 |
|  | Rathbones Group <br> PLC<br>| 83003 | 1945550 |
|  | Reach PLC | 4233724 | 3287065 |
|  | RHI Magnesita NV | 23681 | 653473 |
|  | RWS Holdings PLC | 565710 | 575419 |
|  | S&U PLC | 9554 | 223821 |
| # | S4 Capital PLC | 111943 | 34717 |
| Ω | Sabre Insurance <br> Group PLC<br>| 441795 | 777901 |
| \* | Saga PLC | 416335 | 1457797 |
|  | Schroders PLC | 487362 | 2431996 |
|  | Secure Trust Bank <br> PLC<br>| 83148 | 1064612 |
|  | Senior PLC | 2420507 | 6062790 |
|  | Serco Group PLC | 191728 | 639790 |
|  | Serica Energy PLC | 1025984 | 2932362 |
| # | Severfield PLC | 1067470 | 421243 |
| \* | SIG PLC | 3678820 | 435852 |
| \* | Sigmaroc PLC | 18641 | 28307 |
|  | Speedy Hire PLC | 6668188 | 2415043 |
| Ω | Spire Healthcare <br> Group PLC<br>| 4563416 | 14069423 |
|  | SThree PLC | 104670 | 216511 |
|  | Tate & Lyle PLC | 1656884 | 8411728 |
|  | Taylor Wimpey PLC | 20714774 | 28653511 |
|  | TBC Bank Group <br> PLC<br>| 440442 | 25233854 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | TP ICAP Group PLC | 7959203 | $27451011 |
|  | Travis Perkins PLC | 1524366 | 12603451 |
|  | Trifast PLC | 262834 | 262295 |
|  | TT Electronics PLC | 1285092 | 2605892 |
|  | Vertu Motors PLC | 3999169 | 3292256 |
|  | Vesuvius PLC | 6084164 | 30024179 |
|  | Victrex PLC | 180090 | 1530286 |
| \* | Vistry Group PLC | 6404405 | 54249563 |
|  | Vp PLC | 275589 | 2061296 |
|  | Whitbread PLC | 299223 | 11391482 |
|  | WPP PLC (WPP LN) | 332714 | 1257216 |
| # | Young & Co.'s <br> Brewery PLC <br> (YNGA LN), <br> Class A<br>| 102990 | 1041626 |
|  | Young & Co.'s <br> Brewery PLC <br> (YNGN LN)<br>| 3994 | 32318 |
|  | Zigup PLC | 4554877 | 20750451 |
| TOTAL UNITED <br> KINGDOM | TOTAL UNITED <br> KINGDOM |  | 1501954715 |
| UNITED STATES — (0.5%) | UNITED STATES — (0.5%) | UNITED STATES — (0.5%) | UNITED STATES — (0.5%) |
| \* | ADTRAN Holdings, <br> Inc.<br>| 240110 | 2485886 |
| \* | Gran Tierra Energy, <br> Inc. (GTE CN)<br>| 128803 | 438051 |
|  | MEG Energy Corp. | 2972022 | 62892313 |
|  | Royal Gold, Inc. | 2 | 437 |
| TOTAL UNITED STATES | TOTAL UNITED STATES |  | 65816687 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 12967859320 |
| PREFERRED STOCKS — (0.1%) | PREFERRED STOCKS — (0.1%) | PREFERRED STOCKS — (0.1%) | PREFERRED STOCKS — (0.1%) |
| GERMANY — (0.1%) | GERMANY — (0.1%) | GERMANY — (0.1%) | GERMANY — (0.1%) |
| # | Draegerwerk AG & <br> Co. KGaA, 2.796%<br>| 26622 | 2243369 |
|  | Jungheinrich AG, <br> 2.591%<br>| 235400 | 8412764 |
|  | Sixt SE, 4.946% | 33081 | 2101613 |
|  | STO SE & Co. KGaA, <br> 2.782%<br>| 25064 | 3445629 |
| TOTAL GERMANY | TOTAL GERMANY |  | 16203375 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| GERMANY — (0.0%) | GERMANY — (0.0%) | GERMANY — (0.0%) | GERMANY — (0.0%) |
| #\* | BayWa AG Rights <br> 11/10/2025<br>| 59040 | 101398 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) |
| \* | CSI Properties Ltd. <br> Warrants <br> 04/07/2027<br>| 4527273 | $11070 |
| ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) |
| #\* | Webuild SpA Warrants <br> 08/02/2030<br>| 347241 | 0 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 112468 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $7,786,609,239) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $7,786,609,239) |  | 12984175163 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| SECURITIES LENDING COLLATERAL — (3.0%) | SECURITIES LENDING COLLATERAL — (3.0%) | SECURITIES LENDING COLLATERAL — (3.0%) | SECURITIES LENDING COLLATERAL — (3.0%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 35289077 | $408188758 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $8,194,797,997) | (Cost $8,194,797,997) |  | $13392363921 |

---

As of October 31, 2025, DFA International Small Cap Value Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 1140 | 12/19/25 | &nbsp;&nbsp; $387620342 | &nbsp;&nbsp; $391818000 | &nbsp;&nbsp; $4197658 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$387620342** | &nbsp;&nbsp; **$391818000** | &nbsp;&nbsp; **$4197658** |

---

As of October 31, 2025, the value of Rule 144A securities amounted to $368,235,098 or 2.7% of net assets.

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Australia | &nbsp;&nbsp; $74273 | &nbsp;&nbsp; $1000177311 | &nbsp;&nbsp; $6858 | &nbsp;&nbsp; $1000258442 |
| Austria | &nbsp;&nbsp; — | &nbsp;&nbsp; 114371399 | &nbsp;&nbsp; — | &nbsp;&nbsp; 114371399 |
| Belgium | &nbsp;&nbsp; 1867182 | &nbsp;&nbsp; 195647658 | &nbsp;&nbsp; — | &nbsp;&nbsp; 197514840 |
| Canada | &nbsp;&nbsp; 1374017991 | &nbsp;&nbsp; 674599 | &nbsp;&nbsp; 7582 | &nbsp;&nbsp; 1374700172 |
| China | &nbsp;&nbsp; 49459758 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 49459758 |
| Denmark | &nbsp;&nbsp; — | &nbsp;&nbsp; 476197410 | &nbsp;&nbsp; — | &nbsp;&nbsp; 476197410 |
| Finland | &nbsp;&nbsp; — | &nbsp;&nbsp; 318953680 | &nbsp;&nbsp; — | &nbsp;&nbsp; 318953680 |
| France | &nbsp;&nbsp; — | &nbsp;&nbsp; 455958382 | &nbsp;&nbsp; — | &nbsp;&nbsp; 455958382 |
| Germany | &nbsp;&nbsp; 7013004 | &nbsp;&nbsp; 505340133 | &nbsp;&nbsp; — | &nbsp;&nbsp; 512353137 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 233049533 | &nbsp;&nbsp; 166163 | &nbsp;&nbsp; 233215696 |
| Ireland | &nbsp;&nbsp; — | &nbsp;&nbsp; 14973023 | &nbsp;&nbsp; — | &nbsp;&nbsp; 14973023 |
| Israel | &nbsp;&nbsp; 355472 | &nbsp;&nbsp; 154443585 | &nbsp;&nbsp; — | &nbsp;&nbsp; 154799057 |
| Italy | &nbsp;&nbsp; 6798140 | &nbsp;&nbsp; 793728095 | &nbsp;&nbsp; — | &nbsp;&nbsp; 800526235 |
| Japan | &nbsp;&nbsp; — | &nbsp;&nbsp; 3451161146 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3451161146 |
| Netherlands | &nbsp;&nbsp; 7660295 | &nbsp;&nbsp; 312168379 | &nbsp;&nbsp; — | &nbsp;&nbsp; 319828674 |
| New Zealand | &nbsp;&nbsp; — | &nbsp;&nbsp; 11374219 | &nbsp;&nbsp; — | &nbsp;&nbsp; 11374219 |

---

------

**DFA International Small Cap Value Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Norway | &nbsp;&nbsp; — | &nbsp;&nbsp; $95767073 | &nbsp;&nbsp; — | &nbsp;&nbsp; $95767073 |
| Portugal | &nbsp;&nbsp; — | &nbsp;&nbsp; 76822162 | &nbsp;&nbsp; — | &nbsp;&nbsp; 76822162 |
| Singapore | &nbsp;&nbsp; — | &nbsp;&nbsp; 91242868 | &nbsp;&nbsp; — | &nbsp;&nbsp; 91242868 |
| Spain | &nbsp;&nbsp; — | &nbsp;&nbsp; 503935357 | &nbsp;&nbsp; — | &nbsp;&nbsp; 503935357 |
| Sweden | &nbsp;&nbsp; $587952 | &nbsp;&nbsp; 387795031 | &nbsp;&nbsp; — | &nbsp;&nbsp; 388382983 |
| Switzerland | &nbsp;&nbsp; — | &nbsp;&nbsp; 758292205 | &nbsp;&nbsp; — | &nbsp;&nbsp; 758292205 |
| United Kingdom | &nbsp;&nbsp; — | &nbsp;&nbsp; 1501954715 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1501954715 |
| United States | &nbsp;&nbsp; 63330801 | &nbsp;&nbsp; 2485886 | &nbsp;&nbsp; — | &nbsp;&nbsp; 65816687 |
| Preferred Stocks |  |  |  |  |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 16203375 | &nbsp;&nbsp; — | &nbsp;&nbsp; 16203375 |
| Rights/Warrants |  |  |  |  |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 101398 | &nbsp;&nbsp; — | &nbsp;&nbsp; 101398 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 11070 | &nbsp;&nbsp; — | &nbsp;&nbsp; 11070 |
| Italy | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 408188758 | &nbsp;&nbsp; — | &nbsp;&nbsp; 408188758 |
| Total Investments in Securities | &nbsp;&nbsp; $1511164868 | &nbsp;&nbsp; $11881018450 | &nbsp;&nbsp; $180,603˂˃ | &nbsp;&nbsp; $13392363921 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 4197658 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 4197658 |
| Total Financial Instruments | &nbsp;&nbsp; $4197658 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $4197658 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**International Vector Equity Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (96.2%) | COMMON STOCKS — (96.2%) | COMMON STOCKS — (96.2%) | COMMON STOCKS — (96.2%) |
| AUSTRALIA — (6.0%) | AUSTRALIA — (6.0%) | AUSTRALIA — (6.0%) | AUSTRALIA — (6.0%) |
| #\* | 29Metals Ltd. | 227712 | $70689 |
| # | Accent Group Ltd. | 268095 | 224444 |
| # | Acrow Ltd. | 298316 | 220420 |
|  | Adairs Ltd. | 180862 | 240073 |
| #\* | Ainsworth Game <br> Technology Ltd.<br>| 31523 | 21047 |
| \* | Alkane Resources <br> Ltd.<br>| 676806 | 439633 |
| # | Alliance Aviation <br> Services Ltd.<br>| 25446 | 42123 |
|  | ALS Ltd. | 22122 | 313971 |
| \* | AMA Group Ltd. | 1631466 | 98070 |
|  | Amotiv Ltd. | 73364 | 427352 |
|  | AMP Ltd. | 1395553 | 1628192 |
| \* | Amplitude Energy <br> Ltd.<br>| 2184771 | 343126 |
| # | Ampol Ltd. | 59470 | 1194731 |
|  | Ansell Ltd. | 60760 | 1451568 |
|  | ANZ Group Holdings <br> Ltd.<br>| 120660 | 2890012 |
|  | Arafura Rare Earths <br> Ltd.<br>| 61012 | 11377 |
| \* | Arafura Rare Earths <br> Ltd. (ARU AU)<br>| 329810 | 61390 |
|  | ARB Corp. Ltd. | 26474 | 622328 |
|  | Aristocrat Leisure Ltd. | 61709 | 2553218 |
|  | ARN Media Ltd. | 200589 | 69321 |
|  | ASX Ltd. | 1336 | 49294 |
|  | AUB Group Ltd. | 17803 | 430039 |
| \* | Aurelia Metals Ltd. | 1614979 | 258832 |
|  | Aurizon Holdings Ltd. | 510738 | 1145837 |
|  | Aussie Broadband <br> Ltd.<br>| 105298 | 409658 |
| \* | Austal Ltd. | 314822 | 1395968 |
| # | Austin Engineering <br> Ltd.<br>| 207907 | 35999 |
| #\* | Australian Agricultural <br> Co. Ltd.<br>| 178748 | 167288 |
|  | Australian Clinical <br> Labs Ltd.<br>| 42658 | 72473 |
| # | Australian Ethical <br> Investment Ltd.<br>| 58005 | 265158 |
| # | Australian Finance <br> Group Ltd.<br>| 201786 | 314182 |
| #\* | Australian Strategic <br> Materials Ltd.<br>| 85552 | 56608 |
| # | Autosports Group Ltd. | 17198 | 46342 |
| †† | AVZ Minerals Ltd. | 100493 | 10537 |
| \* | Baby Bunting Group <br> Ltd.<br>| 93158 | 166812 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Bank of Queensland <br> Ltd.<br>| 275368 | $1235550 |
|  | Bapcor Ltd. | 218927 | 361619 |
| \* | BCI Minerals Ltd. | 42012 | 10587 |
|  | Beach Energy Ltd. | 1185213 | 963029 |
| # | Beacon Lighting <br> Group Ltd.<br>| 76001 | 138894 |
|  | Bega Cheese Ltd. | 282359 | 980001 |
|  | Bell Financial Group <br> Ltd.<br>| 78973 | 65354 |
|  | Bendigo & Adelaide <br> Bank Ltd.<br>| 146622 | 1212853 |
|  | BHP Group Ltd. (BHP <br> AU)<br>| 731636 | 20857623 |
| # | BHP Group Ltd. (BHP <br> US), Sponsored <br> ADR<br>| 13221 | 754258 |
| # | Bisalloy Steel Group <br> Ltd.<br>| 14762 | 47929 |
|  | BlueScope Steel Ltd. | 226025 | 3381585 |
| #\* | Boss Energy Ltd. | 173397 | 225037 |
|  | Brambles Ltd. | 435330 | 7073923 |
|  | Bravura Solutions <br> Ltd.<br>| 268444 | 505245 |
| # | Breville Group Ltd. | 20925 | 406013 |
|  | Capral Ltd. | 24627 | 181897 |
| \* | Capricorn Metals Ltd. | 187647 | 1580017 |
|  | CAR Group Ltd. | 1367 | 31919 |
| \* | Carnarvon Energy <br> Ltd.<br>| 146252 | 9180 |
|  | Cedar Woods <br> Properties Ltd.<br>| 46202 | 273097 |
| \* | Centrebet <br> International Ltd.<br>| 6648 | 0 |
|  | Challenger Ltd. | 441287 | 2686090 |
| # | Champion Iron Ltd. | 141084 | 510229 |
| # | Civmec Australia Ltd. | 180389 | 160107 |
|  | Cleanaway Waste <br> Management Ltd.<br>| 1023146 | 1705623 |
| \* | Coast Entertainment <br> Holdings Ltd.<br>| 219442 | 64662 |
| # | Cobram Estate Olives <br> Ltd.<br>| 44506 | 98894 |
|  | Cochlear Ltd. | 3417 | 641507 |
|  | Codan Ltd. | 41367 | 979611 |
|  | Coles Group Ltd. | 309984 | 4470761 |
|  | Collins Foods Ltd. | 167927 | 1174519 |
|  | Commonwealth Bank <br> of Australia<br>| 65683 | 7369961 |
|  | Computershare Ltd. | 98078 | 2343040 |
| # | Corporate Travel <br> Management Ltd.<br>| 18446 | 193952 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Credit Corp. Group <br> Ltd.<br>| 82335 | $772404 |
|  | Data#3 Ltd. | 128978 | 742706 |
| #\* | Deep Yellow Ltd. | 18066 | 21173 |
|  | Deterra Royalties Ltd. | 98966 | 263845 |
| \* | Develop Global Ltd. | 12805 | 29731 |
|  | Dicker Data Ltd. | 30384 | 203382 |
| # | Domino's Pizza <br> Enterprises Ltd.<br>| 7108 | 85122 |
|  | Downer EDI Ltd. | 464048 | 2343916 |
| # | Duratec Ltd. | 85926 | 119701 |
|  | Dyno Nobel Ltd. | 871995 | 1835004 |
| # | Eagers Automotive <br> Ltd.<br>| 72117 | 1604844 |
| \*†† | Elanor Investor Group | 45594 | 4594 |
| # | Elders Ltd. | 231763 | 1074914 |
| \* | Electro Optic Systems <br> Holdings Ltd.<br>| 19461 | 78937 |
| \* | Emeco Holdings Ltd. | 364605 | 285991 |
| \* | Emerald Resources <br> NL<br>| 148439 | 460980 |
| #\* | EML Payments Ltd. | 88850 | 56084 |
|  | Enero Group Ltd. | 57599 | 25572 |
|  | EQT Holdings Ltd. | 14497 | 237909 |
|  | Evolution Mining Ltd. | 611015 | 4323887 |
|  | EVT Ltd. | 75853 | 716707 |
| # | Fenix Resources Ltd. | 576517 | 198013 |
|  | Fiducian Group Ltd. | 1933 | 15352 |
| \* | FleetPartners Group <br> Ltd.<br>| 251379 | 480228 |
|  | Fleetwood Ltd. | 80117 | 154604 |
| # | Flight Centre Travel <br> Group Ltd.<br>| 11355 | 91346 |
|  | Fortescue Ltd. | 161413 | 2244807 |
|  | G8 Education Ltd. | 946251 | 498030 |
|  | Generation <br> Development Group <br> Ltd.<br>| 35355 | 165469 |
|  | GR Engineering <br> Services Ltd.<br>| 58500 | 140078 |
|  | GrainCorp Ltd., <br> Class A<br>| 248015 | 1434526 |
|  | Grange Resources <br> Ltd.<br>| 367733 | 64965 |
|  | GWA Group Ltd. | 169863 | 274441 |
|  | Hansen Technologies <br> Ltd.<br>| 132575 | 483623 |
|  | Harvey Norman <br> Holdings Ltd.<br>| 251673 | 1189430 |
|  | Healius Ltd. | 709320 | 412855 |
|  | Helia Group Ltd. | 399142 | 1407766 |
|  | Helloworld Travel Ltd. | 19262 | 23930 |
|  | Horizon Oil Ltd. | 293270 | 39354 |
|  | HUB24 Ltd. | 13372 | 996429 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Humm Group Ltd. | 250731 | $99121 |
| # | IDP Education Ltd. | 3735 | 13691 |
| \* | IGO Ltd. | 209323 | 733972 |
|  | Iluka Resources Ltd. | 237158 | 1072231 |
|  | Imdex Ltd. | 336475 | 756422 |
|  | Infomedia Ltd. | 256994 | 283174 |
| \* | Insignia Financial Ltd. | 260215 | 771270 |
|  | Insurance Australia <br> Group Ltd.<br>| 511133 | 2627653 |
| # | Integral Diagnostics <br> Ltd.<br>| 203995 | 344985 |
| # | IPD Group Ltd. | 15353 | 36967 |
|  | IRESS Ltd. | 22272 | 128961 |
|  | IVE Group Ltd. | 130143 | 237282 |
| #\* | James Hardie <br> Industries PLC <br> (JHX AU), CDI<br>| 26284 | 553560 |
|  | JB Hi-Fi Ltd. | 53059 | 3629572 |
| \* | Judo Capital Holdings <br> Ltd.<br>| 433224 | 478207 |
| # | Jupiter Mines Ltd. | 724120 | 123119 |
| # | Karoon Energy Ltd. | 96988 | 102079 |
| #\* | Kelly Partners Group <br> Holdings Ltd.<br>| 11361 | 70953 |
|  | Kelsian Group Ltd. | 20164 | 64197 |
| \* | Kingston Resources <br> Ltd.<br>| 128301 | 10070 |
| # | L1 Group Ltd. | 70109 | 51797 |
|  | Lendlease Corp. Ltd. | 10932 | 39644 |
| # | Lifestyle Communities <br> Ltd.<br>| 24906 | 84291 |
|  | Lottery Corp. Ltd.  | 547387 | 1968960 |
|  | Lovisa Holdings Ltd. | 28462 | 673370 |
| # | Lycopodium Ltd. | 17864 | 147129 |
| \* | Lynas Rare Earths <br> Ltd.<br>| 19443 | 193834 |
|  | MA Financial Group <br> Ltd.<br>| 10560 | 66457 |
| # | Maas Group Holdings <br> Ltd.<br>| 4010 | 12442 |
|  | Macmahon Holdings <br> Ltd.<br>| 1350407 | 414674 |
|  | Macquarie Group Ltd. | 10507 | 1498671 |
| #\* | Macquarie Technology <br> Group Ltd.<br>| 5943 | 257077 |
| # | Mader Group Ltd. | 8058 | 46781 |
|  | Magellan Financial <br> Group Ltd.<br>| 188146 | 1182569 |
| \* | Mayne Pharma Group <br> Ltd.<br>| 35426 | 98401 |
|  | McMillan Shakespeare <br> Ltd.<br>| 37447 | 421487 |
|  | Medibank Pvt Ltd. | 415793 | 1326999 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| #\* | Mesoblast Ltd. (MSB <br> AU)<br>| 98564 | $161083 |
| \* | Metals X Ltd. | 1244738 | 686769 |
|  | Metcash Ltd. | 848244 | 2112911 |
| #\* | Metro Mining Ltd. | 1754911 | 83690 |
| \* | Mineral Resources <br> Ltd.<br>| 18140 | 572906 |
|  | Monadelphous Group <br> Ltd.<br>| 94730 | 1439824 |
|  | Monash IVF Group <br> Ltd.<br>| 103475 | 46761 |
|  | MotorCycle Holdings <br> Ltd.<br>| 14248 | 35112 |
| #\* | Mount Gibson Iron <br> Ltd.<br>| 409076 | 96322 |
| # | Myer Holdings Ltd. | 1560261 | 402745 |
|  | MyState Ltd. | 164673 | 479018 |
|  | National Australia <br> Bank Ltd.<br>| 213086 | 6075093 |
|  | Navigator Global <br> Investments Ltd.<br>| 264226 | 430251 |
|  | Netwealth Group Ltd. | 68493 | 1378624 |
| # | New Hope Corp. Ltd. | 361318 | 980614 |
| #\* | NEXTDC Ltd. | 21939 | 225553 |
|  | nib holdings Ltd. | 229822 | 1132699 |
| # | Nick Scali Ltd. | 64145 | 1065565 |
| # | Nickel Industries Ltd. | 650421 | 314180 |
|  | Nine Entertainment <br> Co. Holdings Ltd.<br>| 709775 | 538531 |
|  | Northern Star <br> Resources Ltd.<br>| 269589 | 4347077 |
|  | NRW Holdings Ltd. | 502936 | 1593514 |
| \* | Nufarm Ltd. | 155031 | 210835 |
|  | Objective Corp. Ltd. | 1566 | 18907 |
| \* | Omni Bridgeway Ltd. | 95069 | 99130 |
| # | oOh!media Ltd. | 616449 | 554181 |
|  | Orica Ltd. | 175440 | 2550957 |
|  | Origin Energy Ltd. | 78122 | 626056 |
|  | Orora Ltd. | 28317 | 37249 |
|  | Pacific Current Group <br> Ltd.<br>| 51154 | 344073 |
| #\* | Paladin Energy Ltd. | 13600 | 84262 |
| \* | Pantoro Gold Ltd. | 59178 | 197638 |
|  | Peet Ltd. | 288046 | 360270 |
| #\* | Peninsula Energy Ltd. | 45926 | 17699 |
| # | Pepper Money Ltd. | 100354 | 146400 |
|  | Perenti Ltd. | 1146997 | 2031502 |
|  | Perpetual Ltd. | 39575 | 496388 |
|  | Perseus Mining Ltd. | 1502020 | 4767364 |
| \* | PEXA Group Ltd. | 8059 | 79795 |
| #\* | Pilbara Minerals Ltd. | 173979 | 374365 |
|  | Pinnacle Investment <br> Management Group <br> Ltd.<br>| 5020 | 64644 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Premier Investments <br> Ltd.<br>| 48168 | $560713 |
|  | Pro Medicus Ltd. | 19738 | 3389111 |
| # | Propel Funeral <br> Partners Ltd.<br>| 27169 | 89131 |
|  | QBE Insurance Group <br> Ltd.<br>| 269671 | 3498866 |
|  | Qube Holdings Ltd. | 154964 | 444117 |
| # | Ramelius Resources <br> Ltd.<br>| 1305980 | 2825341 |
| # | Ramsay Health Care <br> Ltd.<br>| 3539 | 74248 |
|  | REA Group Ltd. | 4700 | 654884 |
| #\* | ReadyTech Holdings <br> Ltd.<br>| 22182 | 31782 |
| # | Reece Ltd. | 20461 | 156196 |
|  | Regis Resources Ltd. | 1107573 | 4649595 |
|  | Reliance Worldwide <br> Corp. Ltd.<br>| 359173 | 973907 |
| \* | Resolute Mining Ltd. | 2578369 | 1604772 |
|  | Ridley Corp. Ltd. | 269883 | 522776 |
|  | Rio Tinto Ltd. | 46130 | 4005295 |
| \* | RPMGlobal Holdings <br> Ltd.<br>| 81932 | 260849 |
| \* | Sandfire Resources <br> Ltd.<br>| 393692 | 4169793 |
|  | Santos Ltd. | 975261 | 4027960 |
|  | SEEK Ltd. | 9124 | 161468 |
| \* | Select Harvests Ltd. | 95547 | 242866 |
|  | Servcorp Ltd. | 44491 | 214813 |
|  | Service Stream Ltd. | 626740 | 929802 |
|  | SGH Ltd. | 49193 | 1558710 |
|  | Shaver Shop Group <br> Ltd.<br>| 136824 | 126292 |
| # | Sigma Healthcare <br> Ltd.<br>| 1004811 | 2042845 |
| #\* | Silver Mines Ltd. | 23162 | 2570 |
| # | Sims Ltd. (SGM AU) | 99760 | 1040685 |
|  | SmartGroup Corp. <br> Ltd.<br>| 69278 | 370344 |
|  | Solvar Ltd. | 175468 | 179469 |
|  | Sonic Healthcare Ltd. | 28743 | 397820 |
|  | South32 Ltd. (S32 <br> AU)<br>| 652522 | 1349472 |
|  | Southern Cross <br> Electrical <br> Engineering Ltd.<br>| 255305 | 410434 |
| # | Southern Cross Media <br> Group Ltd.<br>| 216485 | 119568 |
| \*†† | SpeedCast <br> International Ltd.<br>| 198889 | 0 |
|  | SRG Global Ltd. | 584627 | 1051266 |
| #\* | St Barbara Ltd. | 761041 | 256118 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Stanmore Resources <br> Ltd.<br>| 219017 | $307813 |
|  | Steadfast Group Ltd. | 136229 | 499050 |
|  | Suncorp Group Ltd. | 229899 | 2951191 |
|  | Super Retail Group <br> Ltd.<br>| 160643 | 1678936 |
| \* | Superloop Ltd. | 199793 | 407614 |
| #\* | Syrah Resources Ltd. | 333531 | 74141 |
|  | Tabcorp Holdings Ltd. | 1217691 | 846162 |
|  | Technology One Ltd. | 95715 | 2305203 |
|  | Telstra Group Ltd. <br> (TLS AU)<br>| 373408 | 1192977 |
| \* | Temple & Webster <br> Group Ltd.<br>| 1595 | 24789 |
|  | Ten Sixty Four Ltd. | 189882 | 13666 |
|  | TPG Telecom Ltd. | 62307 | 225383 |
| \* | Tuas Ltd. | 17051 | 78478 |
| \* | Tyro Payments Ltd. | 89839 | 65200 |
| \* | Vault Minerals Ltd. | 3893060 | 1850812 |
|  | Ventia Services Group <br> Pty. Ltd.<br>| 450729 | 1688233 |
| Ω | Viva Energy Group <br> Ltd.<br>| 651723 | 782285 |
| # | Vulcan Steel Ltd. | 17806 | 84404 |
| \* | Vysarn Ltd. | 40546 | 17091 |
| # | Washington H Soul <br> Pattinson & Co. <br> Ltd.<br>| 47459 | 1166128 |
| \* | WEB Travel Group <br> Ltd.<br>| 51791 | 141301 |
|  | Wesfarmers Ltd. | 116165 | 6375841 |
| \* | West African <br> Resources Ltd.<br>| 1368888 | 1130633 |
|  | Westgold Resources <br> Ltd.<br>| 647422 | 2238281 |
|  | Westpac Banking <br> Corp.<br>| 144961 | 3668160 |
| # | Whitehaven Coal Ltd. | 572267 | 2689713 |
|  | WiseTech Global Ltd. | 1620 | 73065 |
|  | Woodside Energy <br> Group Ltd. (WDS <br> AU)<br>| 158335 | 2565889 |
|  | Worley Ltd. | 117573 | 1098013 |
| \* | Xero Ltd. | 3203 | 303020 |
| # | XRF Scientific Ltd. | 64487 | 88051 |
| # | Yancoal Australia Ltd. | 229976 | 836775 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 243790129 |
| AUSTRIA — (0.7%) | AUSTRIA — (0.7%) | AUSTRIA — (0.7%) | AUSTRIA — (0.7%) |
| \* | Addiko Bank AG | 8740 | 212335 |
|  | Agrana Beteiligungs <br> AG<br>| 8215 | 114057 |
|  | ANDRITZ AG | 32599 | 2464674 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) |
| \* | AT&S Austria <br> Technologie & <br> Systemtechnik AG<br>| 18600 | $690446 |
| Ω | BAWAG Group AG | 23691 | 3061617 |
|  | DO & Co. AG | 5776 | 1377846 |
|  | Erste Group Bank AG | 34137 | 3536213 |
| \* | Eurotelesites AG | 23962 | 133687 |
|  | EVN AG | 24912 | 726982 |
| \* | Immofinanz AG (IIA <br> AV)<br>| 7951 | 0 |
| \* | Lenzing AG | 11372 | 340192 |
|  | Mayr Melnhof Karton <br> AG<br>| 1052 | 95862 |
|  | Oberbank AG | 1137 | 99610 |
|  | Oesterreichische Post <br> AG<br>| 9879 | 341497 |
|  | OMV AG | 60881 | 3332999 |
|  | Palfinger AG | 11034 | 413348 |
|  | Porr AG | 23162 | 735103 |
|  | Raiffeisen Bank <br> International AG<br>| 83542 | 3114460 |
|  | SBO AG | 1811 | 60039 |
|  | Semperit AG Holding | 3752 | 56233 |
|  | Strabag SE (STR AV) | 2516 | 196840 |
|  | Telekom Austria AG | 83736 | 890519 |
| \* | UBM Development <br> AG<br>| 653 | 18062 |
|  | UNIQA Insurance <br> Group AG<br>| 71312 | 1047671 |
|  | Verbund AG | 2487 | 191947 |
|  | Vienna Insurance <br> Group AG Wiener <br> Versicherung <br> Gruppe<br>| 23493 | 1205002 |
|  | voestalpine AG | 45346 | 1614590 |
|  | Wienerberger AG | 59490 | 1765939 |
|  | Zumtobel Group AG | 20502 | 88238 |
| TOTAL AUSTRIA | TOTAL AUSTRIA |  | 27926008 |
| BELGIUM — (1.6%) | BELGIUM — (1.6%) | BELGIUM — (1.6%) | BELGIUM — (1.6%) |
|  | Ackermans & van <br> Haaren NV<br>| 15891 | 3957615 |
|  | Ageas SA | 110156 | 7290065 |
| \* | AGFA-Gevaert NV | 94352 | 90303 |
|  | Anheuser-Busch <br> InBev SA (ABI BB)<br>| 83775 | 5108365 |
| # | Anheuser-Busch <br> InBev SA (BUD <br> US), Sponsored <br> ADR<br>| 3763 | 229167 |
| \* | Argenx SE (ARGX <br> BB)<br>| 66 | 54019 |
| \* | Atenor | 3530 | 11264 |
|  | Barco NV | 23775 | 339076 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) |
|  | Bekaert SA | 42706 | $1783949 |
| \* | bpost SA | 40483 | 98220 |
|  | Cie <br> d'Entreprises CFE<br>| 8983 | 92726 |
| \* | CMB Tech NV | 27553 | 267264 |
|  | Colruyt Group NV | 47123 | 1759856 |
|  | Deceuninck NV | 95050 | 226238 |
|  | Deme Group NV | 6977 | 1054132 |
|  | Econocom Group SA <br> NV<br>| 117613 | 231845 |
|  | EVS Broadcast <br> Equipment SA<br>| 9610 | 401807 |
|  | Fagron | 45161 | 1073134 |
| \* | Galapagos NV (GLPG <br> BB)<br>| 31943 | 1012525 |
| \* | Galapagos NV (GLPG <br> NA)<br>| 28000 | 891457 |
|  | Gimv NV | 21565 | 1164470 |
|  | KBC Group NV | 137693 | 16565763 |
|  | Kinepolis Group NV | 5948 | 203983 |
| # | Lotus Bakeries NV | 202 | 1762380 |
|  | Melexis NV | 7283 | 524179 |
| #\* | Ontex Group NV | 62857 | 459483 |
| \* | Orange Belgium SA | 6976 | 153560 |
|  | Proximus SADP | 315368 | 2708937 |
|  | Recticel SA | 27025 | 266235 |
|  | Sipef NV | 4993 | 448958 |
|  | Solvay SA | 72824 | 2235164 |
|  | Syensqo SA | 62197 | 5134131 |
|  | Tessenderlo Group <br> SA<br>| 26345 | 795828 |
|  | UCB SA | 18616 | 4786955 |
|  | Umicore SA | 10808 | 205812 |
|  | Van de Velde NV | 2440 | 85083 |
|  | VGP NV | 10458 | 1208172 |
|  | Viohalco SA | 29708 | 291081 |
| TOTAL BELGIUM | TOTAL BELGIUM |  | 64973201 |
| BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) |
| \* | Aura Minerals, Inc. | 4600 | 148718 |
| CANADA — (11.4%) | CANADA — (11.4%) | CANADA — (11.4%) | CANADA — (11.4%) |
| \* | 5N Plus, Inc. | 66274 | 947885 |
|  | Acadian Timber Corp. | 8376 | 85578 |
| \* | ACT Energy <br> Technologies Ltd.<br>| 17600 | 66507 |
| # | ADENTRA, Inc. | 21558 | 540583 |
| # | ADF Group, Inc. | 19843 | 101723 |
| \* | Advantage Energy <br> Ltd.<br>| 164703 | 1307008 |
|  | Aecon Group, Inc. | 73109 | 1611729 |
|  | AG Growth <br> International, Inc.<br>| 2004 | 51552 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | AGF Management <br> Ltd., Class B<br>| 71437 | $712053 |
|  | Agnico Eagle Mines <br> Ltd. (AEM CN)<br>| 22158 | 3563789 |
| # | Agnico Eagle Mines <br> Ltd. (AEM US)<br>| 15606 | 2509607 |
| #\* | Aimia, Inc. | 62327 | 123761 |
| \* | Air Canada | 66800 | 878252 |
| # | AirBoss of America <br> Corp.<br>| 8831 | 29152 |
|  | Alamos Gold, Inc. <br> (AGI CN), Class A<br>| 86763 | 2674865 |
|  | Algoma Central Corp. | 4796 | 59499 |
|  | Alimentation <br> Couche-Tard, Inc.<br>| 67822 | 3446831 |
| \* | Allied Gold Corp. | 9002 | 136967 |
|  | AltaGas Ltd. | 90505 | 2656655 |
|  | Altius Minerals Corp. | 7 | 189 |
|  | Altus Group Ltd. | 66 | 2711 |
|  | Amerigo Resources <br> Ltd.<br>| 110614 | 241331 |
|  | Andlauer Healthcare <br> Group, Inc.<br>| 13055 | 506358 |
|  | Andrew Peller Ltd., <br> Class A<br>| 7400 | 26275 |
|  | ARC Resources Ltd. | 333794 | 6156817 |
| \* | Aritzia, Inc. | 53652 | 3747664 |
| \* | Athabasca Oil Corp. | 764419 | 3755194 |
|  | AtkinsRealis Group, <br> Inc.<br>| 16401 | 1156624 |
| \* | ATS Corp. (ATS CN) | 2758 | 75864 |
| \* | AutoCanada, Inc. | 22525 | 406158 |
|  | B2Gold Corp. (BTG <br> US)<br>| 601232 | 2639408 |
|  | B2Gold Corp. (BTO <br> CN)<br>| 539008 | 2359637 |
|  | Badger Infrastructure <br> Solutions Ltd.<br>| 27487 | 1442208 |
|  | Bank of Montreal <br> (BMO CN)<br>| 4685 | 581988 |
| # | Bank of Montreal <br> (BMO US)<br>| 58550 | 7270739 |
| # | Bank of Nova Scotia <br> (BNS CN)<br>| 1321 | 86641 |
|  | Bank of Nova Scotia <br> (BNS US)<br>| 43518 | 2854781 |
|  | Barrick Mining Corp. | 45774 | 1501387 |
|  | Barrick Mining Corp. <br> (B US)<br>| 194700 | 6386160 |
|  | Birchcliff Energy Ltd. | 323481 | 1508371 |
| # | Bird Construction, <br> Inc.<br>| 62574 | 1343787 |
|  | Black Diamond Group <br> Ltd.<br>| 53397 | 569167 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| # | Boralex, Inc., Class A | 9723 | $195216 |
|  | Boyd Group, Inc. | 5348 | 854239 |
| # | BRP, Inc. (DOO CN) | 4900 | 307370 |
| \* | CAE, Inc. (CAE CN) | 175 | 4914 |
| \* | CAE, Inc. (CAE US) | 11892 | 333690 |
| \* | Calfrac Well Services <br> Ltd.<br>| 9828 | 21442 |
|  | Calian Group Ltd. | 6388 | 230005 |
|  | Canaccord Genuity <br> Group, Inc.<br>| 97194 | 814942 |
| \* | Canada Goose <br> Holdings, Inc. <br> (GOOS US)<br>| 28406 | 395696 |
| \* | Canada Packers, Inc. | 8586 | 102416 |
|  | Canadian Imperial <br> Bank of Commerce <br> (CM CN)<br>| 36572 | 3030218 |
|  | Canadian Imperial <br> Bank of Commerce <br> (CM US)<br>| 53924 | 4468682 |
|  | Canadian Natural <br> Resources Ltd. <br> (CNQ US)<br>| 238383 | 7633024 |
|  | Canadian Pacific <br> Kansas City Ltd. <br> (CP CN)<br>| 5103 | 367221 |
|  | Canadian Pacific <br> Kansas City Ltd. <br> (CP US)<br>| 3549 | 255351 |
| # | Canadian Tire Corp. <br> Ltd., Class A<br>| 19589 | 2246544 |
| #\* | Canfor Corp. | 94268 | 822001 |
| \* | Capstone Copper <br> Corp.<br>| 195092 | 1741508 |
| # | Cardinal Energy Ltd. | 249453 | 1419295 |
| # | Cargojet, Inc. | 1500 | 87419 |
|  | Cascades, Inc. | 91906 | 728014 |
|  | CCL Industries, Inc., <br> Class B<br>| 26567 | 1482016 |
| \* | Celestica, Inc. (CLS <br> CN)<br>| 21177 | 7290819 |
| \* | Celestica, Inc. (CLS <br> US)<br>| 40104 | 13815026 |
|  | Cenovus Energy, Inc. <br> (CVE CN)<br>| 851 | 14380 |
| # | Cenovus Energy, Inc. <br> (CVE US)<br>| 452224 | 7651630 |
|  | Centerra Gold, Inc. | 361362 | 4233127 |
|  | CES Energy Solutions <br> Corp.<br>| 277595 | 1902027 |
|  | CGI, Inc. (GIB US) | 10175 | 885225 |
|  | CGI, Inc. (GIBA CN) | 14980 | 1303667 |
| \*†† | Chesswood Group <br> Ltd.<br>| 4397 | 1066 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| \* | Cipher <br> Pharmaceuticals, <br> Inc.<br>| 100 | $1055 |
|  | Cogeco <br> Communications, <br> Inc.<br>| 30138 | 1372224 |
|  | Cogeco, Inc. | 24502 | 1024243 |
|  | Colliers International <br> Group, Inc. (CIGI <br> CN)<br>| 34 | 5424 |
|  | Computer Modelling <br> Group Ltd.<br>| 20352 | 77197 |
| \* | Conifex Timber, Inc. | 7656 | 1283 |
|  | Constellation <br> Software, Inc.<br>| 1992 | 5242331 |
| #\* | Cronos Group, Inc. <br> (CRON US)<br>| 203179 | 509979 |
|  | Definity Financial <br> Corp.<br>| 37708 | 1754267 |
| \* | Denison Mines Corp. <br> (DML CN)<br>| 39 | 124 |
|  | dentalcorp Holdings <br> Ltd.<br>| 195 | 1515 |
|  | Dexterra Group, Inc. | 21771 | 165156 |
| \* | Docebo, Inc. | 2415 | 60523 |
|  | Dollarama, Inc. | 66512 | 8645540 |
|  | Doman Building <br> Materials Group <br> Ltd.<br>| 86605 | 548324 |
|  | Dominion Lending <br> Centres, Inc.<br>| 6600 | 51763 |
| \* | Dorel Industries, Inc., <br> Class B<br>| 8818 | 11317 |
|  | DPM Metals, Inc. | 227803 | 4872618 |
|  | DREAM Unlimited <br> Corp., Class A<br>| 24324 | 322401 |
|  | Dynacor Group, Inc. | 39406 | 127556 |
| # | ECN Capital Corp. | 7000 | 13925 |
|  | E-L Financial Corp. <br> Ltd.<br>| 97700 | 1132653 |
| \* | Eldorado Gold Corp. <br> (EGO US)<br>| 64527 | 1654472 |
| \* | Eldorado Gold Corp. <br> (ELD CN)<br>| 67605 | 1732833 |
|  | Element Fleet <br> Management Corp.<br>| 140093 | 3778630 |
|  | Empire Co. Ltd., <br> Class A<br>| 88526 | 3007568 |
|  | Endeavour Mining <br> PLC<br>| 114390 | 4582788 |
|  | Enerflex Ltd. (EFX <br> CN)<br>| 137475 | 1730016 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Enerflex Ltd. (EFXT <br> US)<br>| 27196 | $342398 |
| #\* | Energy Fuels, Inc. | 615 | 12638 |
|  | Enghouse Systems <br> Ltd.<br>| 6152 | 91279 |
| \* | Ensign Energy <br> Services, Inc.<br>| 214118 | 392345 |
| # | EQB, Inc. | 27013 | 1723185 |
| \* | Equinox Gold Corp. <br> (EQX CN)<br>| 51129 | 561759 |
| #\* | Equinox Gold Corp. <br> (EQX US)<br>| 78755 | 863942 |
| #\* | ERO Copper Corp. <br> (ERO CN)<br>| 23172 | 494814 |
| \* | ERO Copper Corp. <br> (ERO US)<br>| 12798 | 273237 |
|  | Evertz Technologies <br> Ltd.<br>| 4956 | 45300 |
| # | Exchange Income <br> Corp.<br>| 19417 | 1063778 |
|  | Exco Technologies <br> Ltd.<br>| 9617 | 44843 |
|  | Extendicare, Inc. | 50936 | 583246 |
|  | Fairfax Financial <br> Holdings Ltd.<br>| 7030 | 11413456 |
| # | Fiera Capital Corp. | 13807 | 61920 |
|  | Finning International, <br> Inc.<br>| 106909 | 5781646 |
| \* | Firan Technology <br> Group Corp.<br>| 15800 | 123016 |
|  | Firm Capital Mortgage <br> Investment Corp.<br>| 18700 | 156261 |
| # | First Majestic Silver <br> Corp. (AG US)<br>| 10 | 128 |
| \* | First Quantum <br> Minerals Ltd.<br>| 90032 | 1869261 |
|  | FirstService Corp. <br> (FSV CN)<br>| 3019 | 480569 |
| \* | Foraco International <br> SA<br>| 56346 | 83160 |
| \* | Fortuna Mining Corp. <br> (FSM US)<br>| 471388 | 3898379 |
| \* | Fortuna Mining Corp. <br> (FVI CN)<br>| 170249 | 1406857 |
|  | Franco-Nevada Corp. <br> (FNV CN)<br>| 58 | 10834 |
|  | Franco-Nevada Corp. <br> (FNV US)<br>| 2083 | 388750 |
| # | Freehold Royalties <br> Ltd.<br>| 117742 | 1191230 |
| \* | Galiano Gold, Inc. | 36893 | 88382 |
|  | Gamehost, Inc. | 7582 | 63573 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| \* | GDI Integrated Facility <br> Services, Inc.<br>| 1200 | $25240 |
|  | George Weston Ltd. | 42090 | 2559221 |
|  | Gibson Energy, Inc. | 78274 | 1334378 |
| # | Gildan Activewear, <br> Inc. (GIL CN)<br>| 4746 | 276764 |
| # | Gildan Activewear, <br> Inc. (GIL US)<br>| 57447 | 3348586 |
| # | goeasy Ltd. | 9293 | 1117439 |
|  | Great-West Lifeco, <br> Inc.<br>| 4428 | 187722 |
|  | Guardian Capital <br> Group Ltd., Class A<br>| 33 | 1575 |
| \* | Haivision Systems, <br> Inc.<br>| 16200 | 59253 |
|  | Hammond <br> Manufacturing Co. <br> Ltd., Class A<br>| 2800 | 22399 |
|  | Hammond Power <br> Solutions, Inc.<br>| 14679 | 2239711 |
|  | Headwater <br> Exploration, Inc.<br>| 188401 | 994023 |
|  | High Liner Foods, <br> Inc.<br>| 17697 | 213997 |
|  | Hudbay Minerals, Inc. <br> (HBM CN)<br>| 274139 | 4393885 |
|  | Hudbay Minerals, Inc. <br> (HBM US)<br>| 162231 | 2595696 |
|  | iA Financial Corp., <br> Inc.<br>| 60848 | 7182628 |
| \* | IAMGOLD Corp. (IAG <br> US)<br>| 233600 | 2705088 |
| \* | IAMGOLD Corp. (IMG <br> CN)<br>| 372351 | 4311419 |
|  | IGM Financial, Inc. | 18591 | 715115 |
| \* | Imperial Metals Corp. | 51327 | 250679 |
| # | Imperial Oil Ltd. (IMO <br> CN)<br>| 894 | 79071 |
|  | Imperial Oil Ltd. (IMO <br> US)<br>| 31444 | 2773675 |
|  | Information Services <br> Corp.<br>| 7900 | 209026 |
| # | InPlay Oil Corp. | 1350 | 11560 |
|  | Intact Financial Corp. | 11756 | 2192950 |
| \* | Interfor Corp. | 47102 | 265642 |
| \* | Ivanhoe Mines Ltd., <br> Class A<br>| 3 | 30 |
| Ω | Jamieson Wellness, <br> Inc.<br>| 3209 | 79667 |
| \* | K92 Mining, Inc. | 81702 | 1086409 |
|  | K-Bro Linen, Inc. | 8518 | 228657 |
| \* | Kelt Exploration Ltd. | 216412 | 1029172 |
|  | Keyera Corp. | 70498 | 2081439 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Kinross Gold Corp. (K <br> CN)<br>| 607485 | $14128666 |
|  | Kinross Gold Corp. <br> (KGC US)<br>| 249533 | 5799147 |
| \* | Kiwetinohk Energy <br> Corp.<br>| 6600 | 115478 |
| \* | Knight Therapeutics, <br> Inc.<br>| 55268 | 230127 |
| \* | Kolibri Global Energy, <br> Inc.<br>| 20937 | 90463 |
| # | Labrador Iron Ore <br> Royalty Corp.<br>| 6651 | 137236 |
| \* | Laramide Resources <br> Ltd.<br>| 89504 | 45309 |
|  | Lassonde Industries, <br> Inc., Class A<br>| 2803 | 436413 |
|  | Laurentian Bank of <br> Canada<br>| 22759 | 540355 |
|  | Leon's Furniture Ltd. | 29274 | 609671 |
| \* | Lightspeed <br> Commerce, Inc. <br> (LSPD US)<br>| 3913 | 46956 |
| \*†† | Lightstream <br> Resources Ltd.<br>| 116588 | 0 |
|  | Linamar Corp. | 42622 | 2308040 |
| \* | Lithium Americas <br> Corp.<br>| 2 | 11 |
|  | Loblaw Cos. Ltd. | 27095 | 1076846 |
| \* | Lucara Diamond <br> Corp.<br>| 281721 | 36155 |
|  | Lundin Gold, Inc. | 58414 | 3971177 |
|  | Lundin Mining Corp. | 328016 | 5276133 |
|  | Magellan Aerospace <br> Corp.<br>| 13593 | 166987 |
|  | Magna International, <br> Inc. (MG CN)<br>| 7174 | 338918 |
|  | Magna International, <br> Inc. (MGA US)<br>| 82627 | 3900821 |
| \* | Major Drilling Group <br> International, Inc.<br>| 78468 | 690941 |
|  | Manulife Financial <br> Corp. (MFC US)<br>| 2156 | 69790 |
|  | Maple Leaf Foods, <br> Inc.<br>| 42930 | 825206 |
|  | Martinrea <br> International, Inc.<br>| 86554 | 624524 |
| \* | Mattr Corp. | 21640 | 168794 |
|  | McCoy Global, Inc. | 4400 | 11043 |
| \* | MDA Space Ltd. | 10566 | 206265 |
| \* | Medexus <br> Pharmaceuticals, <br> Inc.<br>| 5900 | 11779 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Medical Facilities <br> Corp.<br>| 17182 | $177020 |
|  | Melcor Developments <br> Ltd.<br>| 6653 | 69967 |
|  | Meren Energy, Inc. | 251177 | 325936 |
|  | Methanex Corp. <br> (MEOH US)<br>| 20048 | 788287 |
| # | Methanex Corp. (MX <br> CN)<br>| 29109 | 1145640 |
|  | Metro, Inc. | 27751 | 1849826 |
|  | MTY Food Group, <br> Inc.<br>| 2360 | 56954 |
| # | Mullen Group Ltd. | 131324 | 1320216 |
|  | National Bank of <br> Canada<br>| 83447 | 9323094 |
|  | Neo Performance <br> Materials, Inc.<br>| 19156 | 264145 |
| \* | New Gold, Inc. (NGD <br> CN)<br>| 904927 | 6664929 |
| \* | NFI Group, Inc. | 145 | 1482 |
|  | North American <br> Construction Group <br> Ltd. (NOA CN)<br>| 10246 | 159547 |
| # | North American <br> Construction Group <br> Ltd. (NOA US)<br>| 13486 | 210112 |
|  | North West Co., Inc. | 48708 | 1580132 |
| # | Northland Power, Inc. | 192394 | 3515781 |
| # | Nutrien Ltd. (NTR <br> US)<br>| 107330 | 5844133 |
| \* | NuVista Energy Ltd. | 284789 | 3386889 |
| #\* | Obsidian Energy Ltd. <br> (OBE CN)<br>| 36409 | 206375 |
| \* | Obsidian Energy Ltd. <br> (OBE US)<br>| 28131 | 159503 |
|  | OceanaGold Corp. | 233095 | 5213489 |
|  | Onex Corp. | 29369 | 2554645 |
|  | Open Text Corp. <br> (OTEX CN)<br>| 4642 | 178094 |
|  | Open Text Corp. <br> (OTEX US)<br>| 62206 | 2385600 |
|  | OR Royalties, Inc. <br> (OR CN)<br>| 339 | 10877 |
| \*†† | Orbite Technologies, <br> Inc.<br>| 121500 | 0 |
| \* | Organigram Global, <br> Inc.<br>| 35175 | 56930 |
|  | Pan American Silver <br> Corp. (PAAS CN)<br>| 50331 | 1772742 |
| # | Paramount Resources <br> Ltd., Class A<br>| 150669 | 2470773 |
|  | Parex Resources, <br> Inc.<br>| 126477 | 1617766 |
|  | Parkland Corp. | 75641 | 2155085 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Pason Systems, Inc. | 45902 | $391094 |
|  | Pembina Pipeline <br> Corp. (PPL CN)<br>| 1774 | 67112 |
| # | Peyto Exploration & <br> Development Corp.<br>| 286997 | 4180492 |
|  | PHX Energy Services <br> Corp.<br>| 31891 | 173263 |
|  | Pizza Pizza Royalty <br> Corp.<br>| 24680 | 272922 |
| \* | PMET Resources, <br> Inc.<br>| 41271 | 110935 |
|  | Polaris Renewable <br> Energy, Inc.<br>| 29223 | 271280 |
| # | Pollard Banknote Ltd. | 1552 | 22419 |
| # | PrairieSky Royalty <br> Ltd.<br>| 17631 | 316530 |
| \* | Precision Drilling <br> Corp. (PD CN)<br>| 5115 | 306829 |
| \* | Precision Drilling <br> Corp. (PDS US)<br>| 11961 | 716607 |
|  | Premium Brands <br> Holdings Corp.<br>| 2573 | 177398 |
| # | Propel Holdings, Inc. | 7000 | 127368 |
| \* | Quarterhill, Inc. | 96378 | 74901 |
|  | Quebecor, Inc., <br> Class B<br>| 89600 | 2858154 |
| \* | Questerre Energy <br> Corp., Class A<br>| 25060 | 5539 |
|  | RB Global, Inc. (RBA <br> US)<br>| 9358 | 928501 |
| \* | Real Matters, Inc. | 29 | 152 |
|  | Restaurant Brands <br> International, Inc. <br> (QSR US)<br>| 30600 | 2010114 |
|  | Richelieu Hardware <br> Ltd.<br>| 28311 | 776128 |
|  | Rogers <br> Communications, <br> Inc. (RCI US), <br> Class B<br>| 70616 | 2763910 |
| # | Rogers <br> Communications, <br> Inc. (RCIB CN), <br> Class B<br>| 1176 | 46024 |
|  | Rogers Sugar, Inc. | 82390 | 363032 |
|  | Royal Bank of Canada <br> (RY CN)<br>| 63580 | 9314308 |
|  | Royal Bank of Canada <br> (RY US)<br>| 32014 | 4690051 |
|  | Russel Metals, Inc. | 69280 | 2144269 |
| \* | Sangoma <br> Technologies Corp.<br>| 15903 | 83566 |
|  | Saputo, Inc. | 4600 | 111150 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Savaria Corp. | 26571 | $416975 |
|  | Secure Waste <br> Infrastructure Corp.<br>| 175502 | 2191035 |
|  | Sienna Senior Living, <br> Inc.<br>| 99 | 1351 |
| \* | SNDL, Inc. | 23678 | 50908 |
| \* | Source Energy <br> Services Ltd.<br>| 5600 | 49150 |
|  | South Bow Corp. | 38656 | 1002351 |
| \* | Spartan Delta Corp. | 40148 | 179765 |
|  | Sprott, Inc. (SII CN) | 86 | 7049 |
| \* | SSR Mining, Inc. <br> (SSRM CN)<br>| 63335 | 1431934 |
|  | Stantec, Inc. (STN <br> CN)<br>| 2317 | 256587 |
|  | Stella-Jones, Inc. | 50198 | 2849284 |
| \*Ω | STEP Energy <br> Services Ltd.<br>| 11760 | 45864 |
|  | Strathcona Resources <br> Ltd.<br>| 1162 | 30660 |
|  | Sun Life Financial, <br> Inc. (SLF CN)<br>| 80322 | 4885580 |
|  | Sun Life Financial, <br> Inc. (SLF US)<br>| 29319 | 1784354 |
|  | Suncor Energy, Inc. <br> (SU US)<br>| 336590 | 13399648 |
| # | Superior Plus Corp. | 353833 | 2013181 |
|  | Supremex, Inc. | 17058 | 44757 |
|  | Surge Energy, Inc. | 77066 | 364297 |
|  | Sylogist Ltd. | 8284 | 39868 |
| # | Tamarack Valley <br> Energy Ltd.<br>| 818362 | 3635090 |
| \* | Taseko Mines Ltd. <br> (TKO CN)<br>| 1276 | 5777 |
|  | TC Energy Corp. <br> (TRP CN)<br>| 3461 | 173673 |
|  | TC Energy Corp. <br> (TRP US)<br>| 9644 | 483743 |
|  | Teck Resources Ltd. <br> (TECK US), <br> Class B<br>| 102972 | 4419558 |
|  | Teck Resources Ltd. <br> (TECK/A CN), <br> Class A<br>| 1200 | 51635 |
|  | Teck Resources Ltd. <br> (TECKB CN), <br> Class B<br>| 4996 | 214331 |
|  | TELUS Corp. | 30874 | 451482 |
| # | TerraVest Industries, <br> Inc.<br>| 7833 | 758308 |
|  | TFI International, Inc. <br> (TFII CN)<br>| 11970 | 1075683 |
|  | TFI International, Inc. <br> (TFII US)<br>| 2101 | 188523 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Thomson Reuters <br> Corp. (TRI CN)<br>| 24 | $3676 |
|  | Timbercreek Financial <br> Corp.<br>| 38200 | 180848 |
|  | TMX Group Ltd. | 205 | 7561 |
| # | Topaz Energy Corp. | 21164 | 375732 |
| \* | Torex Gold <br> Resources, Inc.<br>| 102851 | 4248840 |
|  | Toromont Industries <br> Ltd.<br>| 14333 | 1722045 |
|  | Toronto-Dominion <br> Bank (TD CN)<br>| 49533 | 4067035 |
|  | Toronto-Dominion <br> Bank (TD US)<br>| 45361 | 3725499 |
|  | Total Energy Services, <br> Inc.<br>| 58569 | 588802 |
|  | Tourmaline Oil Corp. | 122751 | 5399113 |
| # | TransAlta Corp. | 68543 | 1211155 |
|  | TransAlta Corp.  | 66278 | 1171460 |
|  | Transcontinental, Inc., <br> Class A<br>| 128293 | 1801069 |
| \*†† | Trevali Mining Corp. | 33236 | 0 |
|  | Trican Well Service <br> Ltd.<br>| 353067 | 1321594 |
|  | Triple Flag Precious <br> Metals Corp. (TFPM <br> CN)<br>| 33 | 916 |
| \* | Trisura Group Ltd. <br> (TSU CN)<br>| 2884 | 79474 |
| \* | Valeura Energy, Inc. | 21230 | 100811 |
|  | Velan, Inc. | 200 | 2339 |
| # | Vermilion Energy, Inc. <br> (VET CN)<br>| 58 | 434 |
|  | Vermilion Energy, Inc. <br> (VET US)<br>| 56684 | 423429 |
|  | VersaBank (VBNK <br> CN)<br>| 3600 | 42967 |
|  | VersaBank (VBNK <br> US)<br>| 2787 | 33082 |
| \*†† | Victoria Gold <br> Corp./Vancouver<br>| 2102 | 135 |
| \* | Viemed Healthcare, <br> Inc.<br>| 23412 | 151242 |
|  | Wajax Corp. | 29639 | 525558 |
|  | Waste Connections, <br> Inc. (WCN US)<br>| 4032 | 676086 |
| \* | Well Health <br> Technologies Corp.<br>| 119539 | 447456 |
| \* | Wesdome Gold Mines <br> Ltd.<br>| 95760 | 1444713 |
|  | West Fraser Timber <br> Co. Ltd. (WFG CN)<br>| 49726 | 3034881 |
|  | Westshore Terminals <br> Investment Corp.<br>| 35352 | 649798 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| # | Whitecap Resources, <br> Inc.<br>| 1038616 | $7734447 |
|  | Winpak Ltd. | 12456 | 382059 |
|  | WSP Global, Inc. | 10339 | 1976614 |
|  | Yellow Pages Ltd. | 2234 | 17521 |
| TOTAL CANADA | TOTAL CANADA |  | 467955732 |
| CHINA — (0.1%) | CHINA — (0.1%) | CHINA — (0.1%) | CHINA — (0.1%) |
|  | China Gold <br> International <br> Resources Corp. <br> Ltd. (CGG CN)<br>| 243398 | 4121566 |
| \*†† | Hanfeng Evergreen, <br> Inc.<br>| 5700 | 0 |
| \* | Neo-Neon Holdings <br> Ltd.<br>| 545000 | 25559 |
| \* | Tongda Group <br> Holdings Ltd.<br>| 25400 | 15057 |
| TOTAL CHINA | TOTAL CHINA |  | 4162182 |
| DENMARK — (2.3%) | DENMARK — (2.3%) | DENMARK — (2.3%) | DENMARK — (2.3%) |
| \* | ALK-Abello AS | 46142 | 1522152 |
|  | Alm Brand AS | 785613 | 2210950 |
|  | AP Moller - Maersk <br> AS (MAERSKA <br> DC), Class A<br>| 382 | 787361 |
|  | AP Moller - Maersk <br> AS (MAERSKB <br> DC), Class B<br>| 327 | 672288 |
| \* | Bang & Olufsen AS | 27203 | 55612 |
| \* | Bavarian Nordic AS | 51710 | 1910599 |
|  | Carlsberg AS, <br> Class B<br>| 29024 | 3412628 |
|  | Chemometec AS | 3212 | 392540 |
|  | Coloplast AS, Class B | 3377 | 305431 |
|  | Columbus AS | 23683 | 35393 |
|  | D/S Norden AS | 32817 | 1311667 |
|  | Danske Bank AS | 128707 | 5752328 |
| \* | Demant AS | 57210 | 1903384 |
| \* | Dfds AS | 7295 | 102860 |
| # | DSV AS | 11415 | 2435975 |
|  | FLSmidth & Co. AS | 45813 | 3567900 |
|  | Foroya Banki P | 3602 | 121701 |
| \* | Genmab AS (GMAB <br> DC)<br>| 3044 | 868233 |
| #\* | GN Store Nord AS | 138963 | 2433324 |
|  | GronlandsBANKEN <br> AS<br>| 75 | 10132 |
|  | H Lundbeck AS <br> (HLUNA DC), <br> Class A<br>| 33531 | 189356 |
|  | H Lundbeck AS <br> (HLUNB DC)<br>| 168361 | 1227879 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
| #\* | H&H International AS, <br> Class B<br>| 16762 | $230247 |
| #\* | Huscompagniet AS | 9014 | 60152 |
|  | ISS AS | 100266 | 3160274 |
|  | Jyske Bank AS | 40764 | 4791287 |
|  | Matas AS | 35737 | 709442 |
|  | MT Hoejgaard Holding <br> AS<br>| 1507 | 98858 |
| #\*Ω | Netcompany Group <br> AS<br>| 31620 | 1579993 |
| \* | Nilfisk Holding AS | 12997 | 215733 |
| \* | NKT AS | 53220 | 5957489 |
|  | Novo Nordisk AS <br> (NOVOB DC), <br> Class B<br>| 95182 | 4685969 |
| # | Novonesis <br> Novozymes B, <br> Class B<br>| 88871 | 5310896 |
|  | Pandora AS | 48744 | 6522370 |
|  | Parken Sport & <br> Entertainment AS<br>| 3314 | 73889 |
|  | Per Aarsleff Holding <br> AS<br>| 19250 | 2185906 |
|  | Ringkjoebing <br> Landbobank AS<br>| 29027 | 6564622 |
|  | Rockwool AS, <br> Class A<br>| 27035 | 926007 |
| # | Rockwool AS, <br> Class B<br>| 85150 | 2917723 |
|  | Royal Unibrew AS | 22020 | 1664276 |
| #\* | RTX AS | 5266 | 87813 |
| Ω | Scandinavian Tobacco <br> Group AS<br>| 45787 | 607048 |
|  | Schouw & Co. AS | 11084 | 1019086 |
|  | SP Group AS | 2013 | 90787 |
|  | Sparekassen <br> Sjaelland-Fyn AS<br>| 13217 | 687639 |
|  | Sydbank AS | 54360 | 4640782 |
| # | Tivoli AS | 617 | 56391 |
|  | TORM PLC, Class A | 52874 | 1140535 |
| # | Tryg AS | 116659 | 2875526 |
|  | UIE PLC | 12391 | 602379 |
|  | Vestas Wind Systems <br> AS<br>| 26513 | 542247 |
|  | Vestjysk Bank AS | 225826 | 247628 |
| \* | Zealand Pharma AS | 50623 | 4008054 |
| TOTAL DENMARK | TOTAL DENMARK |  | 95490741 |
| FINLAND — (1.8%) | FINLAND — (1.8%) | FINLAND — (1.8%) | FINLAND — (1.8%) |
|  | Aktia Bank OYJ | 45889 | 565936 |
|  | Alandsbanken Abp, <br> Class B<br>| 1791 | 93517 |
|  | Alma Media OYJ | 17628 | 300830 |
|  | Apetit OYJ | 2895 | 46713 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) |
|  | Aspo OYJ | 11569 | $83491 |
|  | Atria OYJ | 11213 | 177196 |
|  | Bittium OYJ | 6294 | 123404 |
|  | Digia OYJ | 6411 | 44782 |
|  | Elisa OYJ | 48367 | 2131253 |
| Ω | Enento Group OYJ | 2076 | 36909 |
|  | Evli OYJ, Class B | 1283 | 31796 |
|  | Finnair OYJ | 26021 | 85465 |
| # | Fiskars OYJ Abp | 33911 | 511305 |
|  | Fortum OYJ | 151462 | 3377590 |
|  | F-Secure OYJ | 27403 | 54107 |
| # | Harvia OYJ | 7944 | 332008 |
|  | Hiab OYJ | 22436 | 1242511 |
|  | HKFoods OYJ | 32204 | 62731 |
|  | Huhtamaki OYJ | 42640 | 1432994 |
|  | Kalmar OYJ, Class B | 31343 | 1298534 |
|  | Kemira OYJ | 77984 | 1716370 |
|  | Kesko OYJ (KESKOA <br> FH), Class A<br>| 29734 | 635563 |
|  | Kesko OYJ (KESKOB <br> FH), Class B<br>| 152063 | 3207710 |
|  | Kone OYJ, Class B | 71787 | 4796307 |
|  | Konecranes OYJ | 46376 | 4577663 |
|  | Lassila & Tikanoja <br> OYJ<br>| 11556 | 132371 |
| #\* | Lindex Group OYJ | 88237 | 275246 |
|  | Mandatum OYJ | 220354 | 1580436 |
|  | Marimekko OYJ | 12559 | 185130 |
| # | Metsa Board OYJ <br> (METSB FH), <br> Class B<br>| 51427 | 174453 |
| # | Metso OYJ | 286680 | 4701263 |
| # | NoHo Partners OYJ | 1954 | 20104 |
|  | Nokia OYJ (NOKIA <br> FH)<br>| 473305 | 3228554 |
|  | Nokia OYJ (NOKIA <br> FP)<br>| 143713 | 975139 |
| # | Nokian Renkaat OYJ | 44735 | 451119 |
|  | Nordea Bank Abp <br> (NDA FH)<br>| 605343 | 10355484 |
|  | Nordea Bank Abp <br> (NDA SS)<br>| 212648 | 3633656 |
|  | Olvi OYJ, Class A | 10348 | 353146 |
|  | Oriola OYJ (OKDBV <br> FH), Class B<br>| 60233 | 81967 |
| # | Orion OYJ (ORNAV <br> FH), Class A<br>| 11860 | 830422 |
|  | Orion OYJ (ORNBV <br> FH), Class B<br>| 44894 | 3135081 |
|  | Outokumpu OYJ | 198234 | 852627 |
|  | Pihlajalinna OYJ | 15927 | 273629 |
|  | Ponsse OYJ | 3591 | 105149 |
|  | Puuilo OYJ | 34014 | 556940 |
| #\* | QT Group OYJ | 5045 | 206712 |
|  | Raisio OYJ, Class V | 69541 | 201622 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) |
|  | Revenio Group OYJ | 5435 | $151696 |
|  | Sampo OYJ, Class A | 389693 | 4340361 |
|  | Sanoma OYJ | 79944 | 977115 |
|  | Scanfil OYJ | 11458 | 144506 |
|  | Stora Enso OYJ, <br> Class R<br>| 104660 | 1218677 |
|  | Taaleri PLC | 7216 | 59895 |
| Ω | Terveystalo OYJ | 99505 | 1070466 |
|  | TietoEVRY OYJ | 51025 | 1095174 |
| # | Tokmanni Group <br> Corp.<br>| 35257 | 348517 |
| # | UPM-Kymmene OYJ | 26349 | 707004 |
|  | Vaisala OYJ, Class A | 9903 | 488958 |
| # | Valmet OYJ | 57181 | 1860593 |
|  | Wartsila OYJ Abp | 19117 | 625453 |
| \* | YIT OYJ | 70446 | 238119 |
| TOTAL FINLAND | TOTAL FINLAND |  | 72603469 |
| FRANCE — (6.4%) | FRANCE — (6.4%) | FRANCE — (6.4%) | FRANCE — (6.4%) |
| \* | 74Software SA | 7304 | 301283 |
|  | ABC arbitrage | 6384 | 39443 |
|  | Accor SA | 14605 | 742998 |
| # | Aeroports de Paris <br> SA<br>| 371 | 50894 |
|  | Air Liquide SA | 17550 | 3396607 |
|  | Airbus SE | 10855 | 2676528 |
|  | AKWEL SADIR | 8969 | 114687 |
| \* | Alstom SA | 179558 | 4490311 |
| # | Altamir | 17275 | 546475 |
|  | Alten SA | 12097 | 996252 |
| Ω | Amundi SA | 17468 | 1294944 |
| \*Ω | Aramis Group SAS | 9742 | 70572 |
|  | Arkema SA | 42769 | 2538882 |
|  | Assystem SA | 1977 | 99155 |
|  | Aubay | 2886 | 166437 |
|  | AXA SA | 28216 | 1224247 |
| Ω | Ayvens SA | 21832 | 291267 |
| \* | Bastide le Confort <br> Medical<br>| 770 | 21921 |
| # | Beneteau SACA | 55938 | 539187 |
|  | BioMerieux | 1920 | 247201 |
|  | BNP Paribas SA | 55287 | 4282417 |
|  | Boiron SA | 3024 | 97939 |
|  | Bollore SE | 104584 | 582361 |
|  | Bonduelle SCA | 9348 | 95793 |
|  | Bouygues SA | 122374 | 5523731 |
|  | Bureau Veritas SA | 79293 | 2605761 |
|  | Capgemini SE | 6789 | 1044456 |
|  | Carrefour SA | 390556 | 5882142 |
|  | CBo Territoria | 13564 | 56908 |
| \* | Cegedim SA | 3342 | 43901 |
|  | Cie de Saint-Gobain <br> SA<br>| 93595 | 9084518 |
|  | Cie des Alpes | 24700 | 566632 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Cie Generale des <br> Etablissements <br> Michelin SCA<br>| 301482 | $9630967 |
| \* | Clariane SE | 103062 | 443080 |
|  | Coface SA | 99865 | 1758850 |
|  | Credit Agricole SA | 82436 | 1488083 |
|  | Danone SA | 45098 | 3982903 |
|  | Dassault Aviation SA | 435 | 140177 |
|  | Derichebourg SA | 108712 | 741582 |
|  | Eiffage SA | 49878 | 6137475 |
| \*Ω | Elior Group SA | 83631 | 270074 |
|  | Elis SA | 172867 | 4814197 |
| \* | Emeis SA | 31310 | 516928 |
|  | Engie SA | 760357 | 17802202 |
| # | Eramet SA | 3227 | 220922 |
|  | EssilorLuxottica SA | 2135 | 781877 |
|  | Esso SA Francaise | 2536 | 285134 |
|  | Etablissements Maurel <br> et Prom SA<br>| 85985 | 479279 |
|  | Eurazeo SE | 26130 | 1781226 |
| \* | Euroapi SA | 37541 | 138859 |
|  | Eurofins Scientific SE | 24572 | 1733050 |
| Ω | Euronext NV | 9721 | 1389245 |
| #\* | Eutelsat <br> Communications <br> SACA<br>| 30998 | 119924 |
|  | FDJ UNITED | 14478 | 421847 |
| \* | Figeac Aero | 1504 | 21069 |
|  | Fnac Darty SA (0QSH <br> LI)<br>| 2700 | 88003 |
|  | Fnac Darty SA (FNAC <br> FP)<br>| 12219 | 400163 |
| \* | Forvia SE (FRVIA <br> FP)<br>| 142856 | 1829352 |
|  | Gaztransport Et <br> Technigaz SA<br>| 16426 | 3252840 |
|  | Getlink SE | 8518 | 155481 |
|  | GL Events SACA | 9927 | 317026 |
|  | Groupe Crit SA | 2885 | 206284 |
| #\* | Guerbet | 2941 | 53972 |
|  | Hermes International <br> SCA<br>| 2821 | 6980449 |
| \* | ID Logistics Group <br> SACA<br>| 2241 | 1017831 |
|  | Imerys SA | 22705 | 559269 |
|  | Interparfums SA | 1267 | 41677 |
|  | Ipsen SA | 13284 | 1866816 |
|  | IPSOS SA | 38098 | 1460350 |
| # | Jacquet Metals SACA | 7376 | 148930 |
|  | JCDecaux SE | 55756 | 1014452 |
|  | Kaufman & Broad SA | 11012 | 370577 |
|  | Laurent-Perrier | 1630 | 175860 |
| # | Lectra | 523 | 13870 |
|  | Legrand SA | 10936 | 1888513 |
|  | Linedata Services | 862 | 44579 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | LISI SA | 7074 | $414359 |
|  | LNA Sante SA | 5462 | 152297 |
|  | L'Oreal SA | 3263 | 1361687 |
|  | LVMH Moet Hennessy <br> Louis Vuitton SE<br>| 1185 | 837585 |
| #\*Ω | Maisons du Monde <br> SA<br>| 8663 | 20417 |
|  | Manitou BF SA | 5811 | 116715 |
|  | Mersen SA | 12060 | 304836 |
|  | Metropole Television <br> SA<br>| 44795 | 618007 |
|  | Nexans SA | 13265 | 1867741 |
| #\* | Nexity SA | 21267 | 222600 |
|  | NRJ Group | 18897 | 175517 |
|  | Oeneo SA | 12484 | 132961 |
|  | Opmobility | 78985 | 1290115 |
|  | Orange SA (ORA FP) | 1286762 | 20583514 |
| \* | OVH Groupe SA | 4023 | 37718 |
|  | Pluxee NV | 14114 | 272648 |
|  | Publicis Groupe SA <br> (PUB FP)<br>| 27802 | 2786570 |
|  | Quadient SA | 20132 | 346500 |
| # | Remy Cointreau SA | 12909 | 639576 |
|  | Renault SA | 147717 | 5740162 |
|  | Rexel SA | 205309 | 7119085 |
|  | Robertet SA | 158 | 151639 |
|  | SA d'Explosifs et de <br> Produits Chimiques<br>| 82 | 19098 |
|  | Safran SA | 20936 | 7438944 |
|  | Samse SACA | 314 | 45408 |
|  | Sanofi SA (SAN FP) | 27247 | 2756382 |
|  | Sartorius Stedim <br> Biotech<br>| 436 | 104278 |
|  | Savencia SA | 3513 | 252727 |
|  | Schneider Electric SE <br> (0NWV LI)<br>| 1883 | 531721 |
|  | Schneider Electric SE <br> (SU FP)<br>| 11379 | 3242216 |
|  | SCOR SE | 103889 | 3144904 |
|  | SEB SA | 4857 | 268757 |
|  | Seche Environnement <br> SACA<br>| 4299 | 348052 |
|  | SES SA | 328979 | 2520759 |
| \*Ω | SMCP SA | 12452 | 87695 |
|  | Societe BIC SA | 20203 | 1124126 |
|  | Societe des Bains de <br> Mer et du Cercle <br> des Etrangers a <br> Monaco<br>| 536 | 66152 |
|  | Societe Generale SA | 86638 | 5494634 |
|  | Societe LDC SADIR | 3690 | 392569 |
| # | Sodexo SA | 26406 | 1462111 |
| \* | SOITEC | 401 | 18964 |
|  | Sopra Steria Group | 11901 | 1852424 |
|  | SPIE SA | 81284 | 4136734 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Stef SA | 4362 | $608457 |
|  | STMicroelectronics <br> NV (STM FP)<br>| 33324 | 818300 |
|  | Sword Group | 4261 | 180307 |
|  | Synergie SE | 7052 | 273160 |
|  | Technip Energies NV | 112128 | 4556215 |
|  | Teleperformance SE | 8764 | 625825 |
|  | Television Francaise 1 <br> SA<br>| 80280 | 734445 |
|  | Thales SA | 10190 | 2905707 |
|  | Thermador Groupe | 3866 | 340411 |
| # | Tikehau Capital SCA | 11998 | 249223 |
|  | TotalEnergies SE <br> (TTE FP)<br>| 378407 | 23625849 |
| # | Trigano SA | 11601 | 1930525 |
| \* | Ubisoft Entertainment <br> SA<br>| 18626 | 166293 |
|  | Valeo SE | 310098 | 4287181 |
|  | Vallourec SACA | 192412 | 3587440 |
|  | Vetoquinol SA | 2062 | 177326 |
|  | Vicat SACA | 14931 | 1119353 |
|  | VIEL & Cie SA | 16841 | 341814 |
|  | Vinci SA | 41979 | 5613274 |
|  | Virbac SACA | 1818 | 743385 |
| #\* | Viridien | 7518 | 920609 |
| # | Wavestone | 1697 | 100984 |
| \*Ω | X-Fab Silicon <br> Foundries SE<br>| 16404 | 104090 |
| TOTAL FRANCE | TOTAL FRANCE |  | 261212171 |
| GERMANY — (7.9%) | GERMANY — (7.9%) | GERMANY — (7.9%) | GERMANY — (7.9%) |
|  | 1&1 AG | 33655 | 830990 |
|  | Adesso SE | 304 | 32827 |
|  | adidas AG | 16062 | 3037041 |
|  | AIXTRON SE | 51979 | 832960 |
|  | Allgeier SE | 4754 | 100221 |
|  | Allianz SE (ALV GR) | 9813 | 3943272 |
|  | AlzChem Group AG | 5513 | 1062092 |
|  | Amadeus Fire AG | 420 | 25544 |
|  | Atoss Software SE | 5327 | 714432 |
| Ω | Aumann AG | 4755 | 69000 |
| \* | Aumovio SE | 21779 | 936384 |
| # | Aurubis AG | 25680 | 3348333 |
|  | BASF SE | 325719 | 16071569 |
| \* | Basler AG | 1013 | 20326 |
|  | Bayer AG | 491636 | 15292086 |
|  | Bayerische Motoren <br> Werke AG<br>| 34821 | 3246878 |
| #\* | BayWa AG (BYW6 <br> GR)<br>| 6602 | 39247 |
|  | Bechtle AG | 41971 | 1774099 |
| Ω | Befesa SA | 13346 | 441993 |
|  | Bertrandt AG | 1598 | 36889 |
|  | Bijou Brigitte AG | 5897 | 276710 |
| \* | Bike24 Holding AG | 2531 | 10193 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | Bilfinger SE | 19633 | $2118254 |
|  | Borussia Dortmund <br> GmbH & Co. KGaA<br>| 72418 | 286244 |
| # | Brenntag SE | 46217 | 2566833 |
|  | CANCOM SE (COK <br> GR)<br>| 20513 | 583521 |
|  | Carl Zeiss Meditec <br> AG<br>| 309 | 15673 |
| \* | Ceconomy AG | 104282 | 533884 |
| #\* | CENIT AG | 3550 | 28905 |
|  | Cewe Stiftung & Co. <br> KGaA<br>| 7270 | 833008 |
|  | Commerzbank AG | 306138 | 11162667 |
|  | Continental AG | 43559 | 3328425 |
| \* | Covestro AG | 12695 | 886691 |
| # | CTS Eventim AG & <br> Co. KGaA<br>| 27901 | 2499688 |
|  | Daimler Truck Holding <br> AG<br>| 218320 | 8750846 |
|  | Dermapharm Holding <br> SE<br>| 7204 | 283663 |
|  | Deutsche Bank AG <br> (DB US)<br>| 192081 | 6870737 |
|  | Deutsche Bank AG <br> (DBK GR)<br>| 18884 | 676050 |
|  | Deutsche Beteiligungs <br> AG<br>| 9791 | 268244 |
|  | Deutsche Boerse AG | 65241 | 16521628 |
|  | Deutsche Lufthansa <br> AG<br>| 366551 | 3213515 |
| Ω | Deutsche <br> Pfandbriefbank AG<br>| 47087 | 247656 |
|  | Deutsche Post AG | 339804 | 15612753 |
|  | Deutsche Telekom AG <br> (DTE GR)<br>| 713773 | 22109241 |
|  | Deutsche Telekom AG <br> (DTEGY US), <br> Sponsored ADR<br>| 5867 | 182346 |
|  | Deutz AG | 81056 | 803417 |
|  | Draegerwerk AG & <br> Co. KGaA<br>| 2155 | 151761 |
|  | Duerr AG | 71144 | 1659407 |
| Ω | DWS Group GmbH & <br> Co. KGaA<br>| 26592 | 1702409 |
|  | E.ON SE | 482173 | 8971492 |
|  | Eckert & Ziegler SE | 23790 | 464924 |
|  | Elmos Semiconductor <br> SE<br>| 7963 | 753053 |
|  | ElringKlinger AG | 33298 | 155415 |
|  | Evonik Industries AG | 74680 | 1251490 |
| \* | Evotec SE | 32507 | 264734 |
|  | Fielmann Group AG | 6641 | 362689 |
|  | flatexDEGIRO AG | 117214 | 4446156 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
| \* | Fraport AG Frankfurt <br> Airport Services <br> Worldwide<br>| 28184 | $2415783 |
|  | Freenet AG | 117942 | 3667742 |
|  | Fresenius Medical <br> Care AG (FME GR)<br>| 50967 | 2736278 |
|  | Fresenius SE & Co. <br> KGaA<br>| 41103 | 2365188 |
|  | Friedrich Vorwerk <br> Group SE<br>| 6850 | 737521 |
|  | FUCHS SE | 12719 | 451170 |
|  | GEA Group AG | 75384 | 5392038 |
| # | Gerresheimer AG | 8581 | 273130 |
|  | Gesco SE | 5318 | 97426 |
| # | GFT Technologies SE | 21811 | 448066 |
|  | Grenke AG | 2086 | 35942 |
|  | Hannover Rueck SE | 11492 | 3280718 |
| Ω | Hapag-Lloyd AG | 2969 | 426886 |
|  | Heidelberg Materials <br> AG<br>| 72839 | 17088285 |
| #\* | Heidelberger <br> Druckmaschinen <br> AG<br>| 308292 | 695304 |
|  | Hella GmbH & Co. <br> KGaA<br>| 244 | 22713 |
| \* | HelloFresh SE | 326851 | 2649641 |
|  | Henkel AG & Co. <br> KGaA<br>| 10555 | 788179 |
| # | Hensoldt AG | 12068 | 1286420 |
|  | HOCHTIEF AG | 10531 | 3022806 |
|  | Hornbach Holding AG <br> & Co. KGaA<br>| 17941 | 1795128 |
|  | HUGO BOSS AG | 46119 | 2046067 |
|  | Indus Holding AG | 12856 | 332938 |
|  | Infineon Technologies <br> AG (IFNNY US), <br> ADR<br>| 25149 | 996152 |
|  | Infineon Technologies <br> AG (IFX GR)<br>| 238824 | 9479616 |
|  | Init Innovation in <br> Traffic Systems SE<br>| 4242 | 228660 |
| Ω | Instone Real Estate <br> Group SE<br>| 15373 | 147141 |
| # | IVU Traffic <br> Technologies AG<br>| 6118 | 144670 |
|  | Jenoptik AG | 33877 | 765145 |
| Ω | JOST Werke SE | 14956 | 871331 |
| # | K&S AG | 127886 | 1666023 |
| # | KION Group AG | 56418 | 4008748 |
|  | Kloeckner & Co. SE | 36398 | 232740 |
|  | Knorr-Bremse AG | 24318 | 2262740 |
| \* | Koenig & Bauer AG | 4693 | 72017 |
| # | Kontron AG | 38571 | 1008189 |
|  | Krones AG | 12389 | 1799483 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | KSB SE & Co. KGaA | 83 | $89495 |
|  | KWS Saat SE & Co. <br> KGaA<br>| 12023 | 926777 |
|  | Lanxess AG | 30793 | 733290 |
|  | Leifheit AG | 4622 | 79370 |
| #\* | MAX Automation SE | 1669 | 10970 |
| \* | Medios AG | 753 | 10598 |
|  | Mercedes-Benz Group <br> AG<br>| 73853 | 4791918 |
|  | Merck KGaA | 1336 | 175007 |
|  | MLP SE | 72501 | 595046 |
| # | MTU Aero Engines <br> AG<br>| 10646 | 4652569 |
|  | Muenchener <br> Rueckversicherungs-Gesellschaft <br> AG in Muenchen<br>| 11913 | 7370500 |
|  | Multitude PLC | 2573 | 20241 |
| # | Mutares SE & Co. <br> KGaA<br>| 16342 | 521673 |
|  | Nagarro SE | 3616 | 201676 |
|  | Nemetschek SE | 17287 | 1997522 |
|  | Norma Group SE | 25136 | 407867 |
|  | Patrizia SE | 20053 | 167921 |
| \* | Pentixapharm Holding <br> AG<br>| 7772 | 13803 |
|  | Pfeiffer Vacuum <br> Technology AG<br>| 1369 | 246120 |
|  | ProCredit Holding AG | 26204 | 234016 |
|  | Puma SE (PUM GR) | 1990 | 42313 |
| \* | PVA TePla AG | 13054 | 399191 |
|  | PWO AG | 209 | 7037 |
| \* | q.beyond AG | 40000 | 39326 |
| # | Qiagen NV | 36663 | 1721356 |
| \* | R Stahl AG | 341 | 6212 |
|  | Rational AG | 1377 | 1010165 |
|  | Rheinmetall AG | 10704 | 21041753 |
| # | RTL Group SA | 14881 | 574571 |
|  | RWE AG | 48169 | 2371385 |
|  | SAF-Holland SE | 27426 | 446134 |
|  | Salzgitter AG | 6973 | 226287 |
|  | Schaeffler AG | 47886 | 388499 |
| Ω | Scout24 SE | 4867 | 562850 |
|  | Secunet Security <br> Networks AG<br>| 917 | 210658 |
|  | Siemens AG (SIE <br> GR)<br>| 11911 | 3375544 |
| \* | Siemens Energy AG | 12852 | 1601170 |
| Ω | Siemens Healthineers <br> AG<br>| 10585 | 593289 |
|  | Siltronic AG | 4539 | 280301 |
|  | Sixt SE | 6471 | 568851 |
| #\* | SMA Solar Technology <br> AG<br>| 5937 | 178059 |
|  | Stroeer SE & Co. <br> KGaA<br>| 11954 | 523036 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | Suedzucker AG | 24486 | $270054 |
| # | SUSS MicroTec SE | 6708 | 215564 |
|  | Symrise AG | 1250 | 103374 |
|  | Takkt AG | 14899 | 77375 |
| \* | Talanx AG | 24927 | 3035393 |
| \*Ω | TeamViewer SE | 5092 | 37480 |
|  | Technotrans SE | 3060 | 125784 |
|  | thyssenkrupp AG | 280860 | 2943227 |
| \* | Tkms AG& Co. KGaA | 14043 | 1323260 |
| \* | TUI AG | 134400 | 1145205 |
|  | United Internet AG | 62478 | 1928810 |
|  | Verbio SE | 15266 | 271158 |
|  | Volkswagen AG | 7398 | 780354 |
|  | Vossloh AG | 15168 | 1383367 |
|  | Wacker Chemie AG | 4115 | 324551 |
|  | Wacker Neuson SE | 27563 | 600153 |
|  | Washtec AG | 5350 | 254615 |
| \* | Westwing Group SE | 1744 | 23128 |
|  | Wuestenrot & <br> Wuerttembergische <br> AG<br>| 18723 | 305217 |
|  | Zeal Network SE | 1813 | 101658 |
| TOTAL GERMANY | TOTAL GERMANY |  | 323112622 |
| HONG KONG — (1.4%) | HONG KONG — (1.4%) | HONG KONG — (1.4%) | HONG KONG — (1.4%) |
|  | Aeon Credit Service <br> Asia Co. Ltd.<br>| 74000 | 72113 |
|  | AIA Group Ltd. | 483800 | 4707727 |
| \* | Allied Group Ltd. | 160000 | 49477 |
|  | APAC Resources Ltd. | 290903 | 72346 |
|  | Asia Financial <br> Holdings Ltd.<br>| 136000 | 76962 |
| # | ASMPT Ltd. | 29000 | 305248 |
|  | Bank of East Asia <br> Ltd.<br>| 346700 | 596946 |
|  | BOC Hong Kong <br> Holdings Ltd.<br>| 238000 | 1169465 |
| #\* | Bright Smart <br> Securities & <br> Commodities Group <br> Ltd.<br>| 650000 | 814080 |
|  | Build King Holdings <br> Ltd.<br>| 240000 | 47258 |
|  | Cafe de Coral <br> Holdings Ltd.<br>| 140000 | 113088 |
|  | Cathay Pacific <br> Airways Ltd.<br>| 814000 | 1158749 |
|  | Chevalier International <br> Holdings Ltd.<br>| 30055 | 14918 |
| \* | China Star <br> Entertainment Ltd.<br>| 1552000 | 433561 |
|  | Chow Sang Sang <br> Holdings <br> International Ltd.<br>| 349000 | 624492 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | CITIC Telecom <br> International <br> Holdings Ltd.<br>| 1771000 | $563036 |
|  | CK Hutchison <br> Holdings Ltd.<br>| 76460 | 507042 |
|  | CK Infrastructure <br> Holdings Ltd.<br>| 17500 | 113826 |
| \* | CK Life Sciences <br> International <br> Holdings, Inc.<br>| 258000 | 29868 |
| #†† | Convoy, Inc. | 5166000 | 20809 |
| Ω | Crystal International <br> Group Ltd.<br>| 519000 | 454916 |
| \* | CSC Holdings Ltd. | 160000 | 699 |
|  | CTF Services Ltd. | 671830 | 725948 |
| \*†† | CW Group Holdings <br> Ltd.<br>| 443000 | 0 |
|  | Dah Sing Banking <br> Group Ltd.<br>| 311795 | 441368 |
|  | Dah Sing Financial <br> Holdings Ltd.<br>| 128266 | 593080 |
| #\* | Deep Source Holdings <br> Ltd.<br>| 870000 | 85120 |
|  | Dickson Concepts <br> International Ltd.<br>| 83500 | 56467 |
|  | Dream International <br> Ltd.<br>| 48000 | 60195 |
|  | Eagle Nice <br> International <br> Holdings Ltd.<br>| 242000 | 112826 |
| †† | EcoGreen <br> International Group <br> Ltd.<br>| 234000 | 10730 |
|  | Emperor Watch & <br> Jewellery Ltd.<br>| 630000 | 23098 |
| \* | ENM Holdings Ltd. | 324000 | 12300 |
|  | Fairwood Holdings <br> Ltd.<br>| 55500 | 36638 |
|  | Far East Consortium <br> International Ltd.<br>| 775938 | 75911 |
|  | First Pacific Co. Ltd. | 1837200 | 1483373 |
| \*Ω | FIT Hon Teng Ltd. | 1215000 | 908995 |
|  | FSE Lifestyle Services <br> Ltd.<br>| 90000 | 66952 |
|  | Galaxy Entertainment <br> Group Ltd.<br>| 77000 | 383639 |
|  | Get Nice Holdings <br> Ltd.<br>| 30430 | 11661 |
|  | Giordano International <br> Ltd.<br>| 906000 | 172432 |
|  | Glorious Sun <br> Enterprises Ltd.<br>| 447000 | 76554 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
| \*†† | Gold Financial <br> Holdings Ltd.<br>| 204000 | $0 |
|  | Great Eagle Holdings <br> Ltd.<br>| 36003 | 67419 |
|  | G-Resources Group <br> Ltd.<br>| 229930 | 239098 |
|  | Guoco Group Ltd. | 2000 | 19936 |
| # | Guotai Junan <br> International <br> Holdings Ltd.<br>| 2101000 | 1030395 |
|  | Hang Lung Group <br> Ltd.<br>| 409000 | 778282 |
|  | Hang Lung Properties <br> Ltd.<br>| 152571 | 169894 |
|  | Hang Seng Bank Ltd. | 28900 | 563404 |
|  | Henderson Land <br> Development Co. <br> Ltd.<br>| 88575 | 311585 |
| \* | HKR International <br> Ltd.<br>| 265188 | 37020 |
|  | HKT Trust & HKT Ltd. | 1262000 | 1842737 |
|  | Hong Kong & China <br> Gas Co. Ltd.<br>| 158735 | 147727 |
|  | Hong Kong <br> Exchanges & <br> Clearing Ltd.<br>| 74500 | 4060465 |
|  | Hong Kong Ferry <br> Holdings Co. Ltd.<br>| 16000 | 9919 |
|  | Hong Kong <br> Technology Venture <br> Co. Ltd.<br>| 309659 | 57217 |
| \* | Hongkong & Shanghai <br> Hotels Ltd.<br>| 378220 | 299091 |
|  | Hutchison <br> Telecommunications <br> Hong Kong <br> Holdings Ltd.<br>| 970000 | 135966 |
|  | IGG, Inc. | 553000 | 277197 |
| Ω | Impro Precision <br> Industries Ltd.<br>| 321000 | 206617 |
|  | Jacobson Pharma <br> Corp. Ltd.<br>| 112000 | 20874 |
|  | JBM Healthcare Ltd. | 46000 | 17489 |
| # | Johnson Electric <br> Holdings Ltd.<br>| 464085 | 2177625 |
|  | K Wah International <br> Holdings Ltd.<br>| 652000 | 185366 |
|  | Karrie International <br> Holdings Ltd.<br>| 78000 | 28385 |
|  | Kerry Properties Ltd. | 270500 | 681786 |
|  | KLN Logistics Group <br> Ltd.<br>| 201250 | 186253 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Kowloon Development <br> Co. Ltd.<br>| 124504 | $60586 |
|  | Langham Hospitality <br> Investments & <br> Langham Hospitality <br> Investments Ltd.<br>| 2400 | 158 |
|  | Liu Chong Hing <br> Investment Ltd.<br>| 34000 | 19167 |
|  | Luk Fook Holdings <br> International Ltd.<br>| 278000 | 888829 |
|  | Man Wah Holdings <br> Ltd.<br>| 844400 | 515492 |
| \* | Midland Holdings Ltd. | 130000 | 36684 |
|  | Miramar Hotel & <br> Investment<br>| 126000 | 158278 |
|  | Modern Dental Group <br> Ltd.<br>| 345000 | 231895 |
| \* | Modern Innovative <br> Digital Technology <br> Co. Ltd.<br>| 1272000 | 18921 |
| #\* | Mongolian Mining <br> Corp.<br>| 810000 | 1180425 |
| # | MTR Corp. Ltd. | 12216 | 44817 |
|  | NagaCorp Ltd. | 407784 | 273430 |
|  | Nameson Holdings <br> Ltd.<br>| 714000 | 81732 |
| \* | National United <br> Resources Holdings <br> Ltd.<br>| 3500 | 140 |
| #\* | New World <br> Development Co. <br> Ltd.<br>| 184000 | 170317 |
| \*†† | NewOcean Energy <br> Holdings Ltd.<br>| 788000 | 0 |
|  | Nissin Foods Co. Ltd. | 135000 | 116614 |
|  | Orbusneich Medical <br> Group Holdings <br> Ltd.<br>| 23000 | 13278 |
|  | Oriental Watch <br> Holdings<br>| 432368 | 189194 |
| \* | Oshidori International <br> Holdings Ltd.<br>| 2508000 | 162011 |
| # | Pacific Basin Shipping <br> Ltd.<br>| 5497000 | 1820593 |
|  | Pacific Textiles <br> Holdings Ltd.<br>| 358000 | 66813 |
|  | PAX Global <br> Technology Ltd.<br>| 538000 | 368591 |
|  | PC Partner Group <br> Ltd.<br>| 160000 | 128025 |
|  | PCCW Ltd. | 281415 | 201034 |
|  | Perfect Medical Health <br> Management Ltd.<br>| 120000 | 21309 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Pico Far East <br> Holdings Ltd.<br>| 798000 | $269318 |
|  | Plover Bay <br> Technologies Ltd.<br>| 144000 | 118785 |
|  | PRADA SpA | 39500 | 233100 |
| Ω | Regina Miracle <br> International <br> Holdings Ltd.<br>| 167000 | 43775 |
| Ω | Samsonite Group SA | 640800 | 1339951 |
|  | SAS Dragon Holdings <br> Ltd.<br>| 294000 | 176808 |
| # | Shangri-La Asia Ltd. | 671666 | 419155 |
| \* | Shenwan Hongyuan <br> HK Ltd.<br>| 60000 | 12714 |
| \* | Shun Tak Holdings <br> Ltd.<br>| 683249 | 64268 |
|  | Singamas Container <br> Holdings Ltd.<br>| 1024000 | 85521 |
|  | Sino Land Co. Ltd. | 384451 | 477540 |
|  | SITC International <br> Holdings Co. Ltd.<br>| 793000 | 2925906 |
|  | SmarTone <br> Telecommunications <br> Holdings Ltd.<br>| 328666 | 204161 |
| \* | Solomon Systech <br> International Ltd.<br>| 802000 | 51505 |
|  | Stella International <br> Holdings Ltd.<br>| 465500 | 989646 |
|  | Sun Hung Kai & Co. <br> Ltd.<br>| 472341 | 234594 |
|  | Sun Hung Kai <br> Properties Ltd.<br>| 31282 | 380664 |
|  | Sundart Holdings Ltd. | 126000 | 11811 |
| # | SUNeVision Holdings <br> Ltd.<br>| 537000 | 417108 |
|  | Swire Pacific Ltd. (19 <br> HK), Class A<br>| 120000 | 991118 |
|  | Swire Pacific Ltd. (87 <br> HK), Class B<br>| 157500 | 233375 |
|  | TAI Cheung Holdings <br> Ltd.<br>| 47000 | 19252 |
|  | Tai Hing Group <br> Holdings Ltd.<br>| 194000 | 27951 |
| \* | Taung Gold <br> International Ltd.<br>| 155000 | 13129 |
|  | Techtronic Industries <br> Co. Ltd.<br>| 111000 | 1294705 |
| \* | Television Broadcasts <br> Ltd.<br>| 134800 | 57546 |
|  | Texhong International <br> Group Ltd.<br>| 302500 | 177476 |
|  | Texwinca Holdings <br> Ltd.<br>| 378000 | 37967 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Town Health <br> International <br> Medical Group Ltd.<br>| 955899 | $33804 |
|  | Tradelink Electronic <br> Commerce Ltd.<br>| 162000 | 21263 |
|  | Transport International <br> Holdings Ltd.<br>| 35878 | 49397 |
| # | United Laboratories <br> International <br> Holdings Ltd.<br>| 1027000 | 1662756 |
| \*†† | Untrade.Genting | 436000 | 0 |
|  | Value Partners Group <br> Ltd.<br>| 250000 | 79031 |
|  | Vitasoy International <br> Holdings Ltd.<br>| 298000 | 291452 |
| \* | Viva Goods Co. Ltd. | 120000 | 9110 |
|  | VSTECS Holdings <br> Ltd.<br>| 745200 | 922668 |
|  | VTech Holdings Ltd. | 85900 | 700574 |
| Ω | WH Group Ltd. | 2112568 | 2032114 |
|  | Wing On Co. <br> International Ltd.<br>| 30000 | 51162 |
| \* | Xingye Alloy Materials <br> Group Ltd.<br>| 121000 | 15471 |
|  | Xinyi Glass Holdings <br> Ltd.<br>| 1125286 | 1316054 |
|  | Yue Yuen Industrial <br> Holdings Ltd.<br>| 522000 | 957333 |
| TOTAL HONG KONG | TOTAL HONG KONG |  | 57055031 |
| IRELAND — (0.6%) | IRELAND — (0.6%) | IRELAND — (0.6%) | IRELAND — (0.6%) |
|  | AIB Group PLC | 702702 | 6476331 |
|  | Bank of Ireland Group <br> PLC<br>| 586082 | 9595897 |
|  | Cairn Homes PLC | 503745 | 1119353 |
|  | Dalata Hotel Group <br> PLC<br>| 164527 | 1220512 |
|  | FBD Holdings PLC <br> (FBD ID)<br>| 15573 | 260501 |
|  | Glanbia PLC (GLB <br> ID)<br>| 110733 | 1874261 |
| \*Ω | Glenveagh Properties <br> PLC<br>| 406308 | 893079 |
|  | Irish Continental <br> Group PLC (IR5B <br> ID)<br>| 94874 | 627785 |
|  | Kerry Group PLC <br> (KYGA ID), Class A<br>| 1235 | 112660 |
|  | Kingspan Group PLC <br> (KSP ID)<br>| 21865 | 1637214 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) |
| \* | Permanent TSB <br> Group Holdings <br> PLC<br>| 62665 | $209998 |
| TOTAL IRELAND | TOTAL IRELAND |  | 24027591 |
| ISRAEL — (1.2%) | ISRAEL — (1.2%) | ISRAEL — (1.2%) | ISRAEL — (1.2%) |
| \* | AFI Properties Ltd. | 2858 | 193790 |
|  | Albaad Massuot <br> Yitzhak Ltd.<br>| 527 | 4432 |
|  | Alrov Properties & <br> Lodgings Ltd.<br>| 3510 | 315301 |
|  | Altshuler Shaham <br> Finance Ltd.<br>| 26346 | 69675 |
| # | Amos Luzon <br> Development & <br> Energy Group Ltd.<br>| 28031 | 31936 |
|  | Arad Ltd. | 8947 | 142969 |
| \* | Ashdod Refinery Ltd. | 4986 | 84419 |
|  | Ashtrom Group Ltd. | 6397 | 146162 |
|  | AudioCodes Ltd. <br> (AUDC IT)<br>| 1625 | 14444 |
|  | AudioCodes Ltd. <br> (AUDC US)<br>| 5277 | 47124 |
|  | Automatic Bank <br> Services Ltd.<br>| 11018 | 76596 |
|  | Ayalon Holdings Ltd. | 5103 | 107504 |
|  | Azorim-Investment <br> Development & <br> Construction Co. <br> Ltd.<br>| 22180 | 148558 |
|  | Azrieli Group Ltd. | 201 | 21206 |
|  | Bank Hapoalim BM | 99621 | 2020579 |
|  | Bank Leumi Le-Israel <br> BM<br>| 199102 | 4040968 |
| # | Baran Group Ltd. | 3482 | 19052 |
| \* | Bet Shemesh Engines <br> Holdings 1997 Ltd.<br>| 3699 | 762726 |
|  | Bezeq The Israeli <br> Telecommunication <br> Corp. Ltd.<br>| 347782 | 712362 |
|  | Carasso Motors Ltd. | 31251 | 375463 |
|  | Carasso Real Estate <br> Ltd.<br>| 6653 | 79431 |
|  | Castro Model Ltd. | 588 | 35543 |
| \* | Cellcom Israel Ltd. <br> (CEL IT)<br>| 31987 | 333451 |
| \* | Cellcom Israel Ltd. <br> (CELJF US)<br>| 44794 | 463394 |
| \* | Cielo-Blu Group Ltd. | 28500 | 35286 |
|  | Clal Insurance <br> Enterprises <br> Holdings Ltd.<br>| 46879 | 2606716 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Cohen Development <br> Gas & Oil Ltd.<br>| 216 | $14198 |
| \* | Compugen Ltd. | 11330 | 18833 |
|  | Danel Adir Yeoshua <br> Ltd.<br>| 2820 | 390229 |
|  | Danya Cebus Ltd. | 1721 | 72350 |
|  | Delek Group Ltd. | 5388 | 1416549 |
|  | Delta Galil Ltd. | 7154 | 399424 |
|  | Delta Israel Brands <br> Ltd.<br>| 1791 | 58061 |
| # | Diplomat Holdings <br> Ltd.<br>| 7551 | 119550 |
| # | Direct Finance of <br> Direct Group 2006 <br> Ltd.<br>| 1649 | 285757 |
|  | Dor Alon Energy in <br> Israel 1988 Ltd.<br>| 3031 | 136617 |
| \* | Doral Group <br> Renewable Energy <br> Resources Ltd.<br>| 11168 | 80008 |
|  | Duniec Brothers Ltd. | 1023 | 85024 |
| \* | El Al Israel Airlines | 62182 | 258391 |
|  | Electra Consumer <br> Products 1970 Ltd.<br>| 3998 | 138462 |
|  | Electra Ltd. | 10240 | 324487 |
| \* | Ellomay Capital Ltd. | 2696 | 53905 |
| \* | Equital Ltd. | 17929 | 855077 |
| \* | Fattal Holdings 1998 <br> Ltd.<br>| 2508 | 455217 |
|  | First International <br> Bank of Israel Ltd.<br>| 11171 | 803412 |
|  | FMS Enterprises <br> Migun Ltd.<br>| 2031 | 116842 |
|  | Formula Systems <br> 1985 Ltd. (FORTY <br> IT)<br>| 4452 | 646279 |
|  | Fox Wizel Ltd. | 4361 | 502442 |
|  | Gav-Yam Lands Corp. <br> Ltd.<br>| 3290 | 41005 |
| \* | Gilat Satellite <br> Networks Ltd.<br>| 8091 | 116613 |
| \* | Hagag Group Real <br> Estate <br> Development<br>| 16156 | 116092 |
|  | Hamat Group Ltd. | 5120 | 24027 |
|  | Harel Insurance <br> Investments & <br> Financial Services <br> Ltd.<br>| 90237 | 3145050 |
|  | Hilan Ltd. | 8281 | 652383 |
|  | ICL Group Ltd. | 1654 | 10835 |
|  | IDI Insurance Co. Ltd. | 6733 | 399219 |
| \* | IES Holdings Ltd. | 1534 | 147628 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Inrom Construction <br> Industries Ltd.<br>| 91982 | $685315 |
|  | Isracard Ltd. | 145660 | 621447 |
|  | Israel Discount Bank <br> Ltd., Class A<br>| 230839 | 2306955 |
| \* | Israir Group Ltd. | 77586 | 42748 |
|  | Isras Investment Co. <br> Ltd.<br>| 966 | 270655 |
|  | Issta Ltd. | 6350 | 206614 |
|  | Kamada Ltd. (KMDA <br> IT)<br>| 8369 | 58461 |
| \* | Kamada Ltd. (KMDA <br> US)<br>| 2085 | 14428 |
|  | Kardan Real Estate <br> Enterprise & <br> Development Ltd.<br>| 24161 | 51947 |
|  | Kenon Holdings Ltd. | 1132 | 58962 |
|  | Land Development <br> Nimrodi Group Ltd.<br>| 8877 | 101657 |
|  | M Yochananof & Sons <br> Ltd.<br>| 2321 | 196402 |
|  | Magic Software <br> Enterprises Ltd. <br> (MGIC IT)<br>| 15105 | 309591 |
| \* | Malam - Team Ltd. | 4820 | 206941 |
|  | Matrix IT Ltd. | 9607 | 355782 |
|  | Max Stock Ltd. | 45083 | 325692 |
|  | Mediterranean Towers <br> Ltd.<br>| 78469 | 346068 |
| # | Meitav Investment <br> House Ltd.<br>| 36615 | 1151954 |
|  | MENIF - Financial <br> Services Ltd.<br>| 17757 | 112556 |
|  | Menora Mivtachim <br> Holdings Ltd.<br>| 20160 | 2008133 |
| \* | Meshek Energy <br> Renewable <br> Energies Ltd.<br>| 71331 | 144374 |
|  | Meshulam Levinstein <br> Contracting & <br> Engineering Ltd.<br>| 1509 | 227394 |
|  | Migdal Insurance & <br> Financial Holdings <br> Ltd.<br>| 202108 | 725264 |
|  | Mivtach Shamir <br> Holdings Ltd.<br>| 1785 | 168901 |
|  | Mizrahi Tefahot Bank <br> Ltd.<br>| 11602 | 754341 |
|  | Naphtha Israel <br> Petroleum Corp. <br> Ltd.<br>| 10721 | 90219 |
|  | Nawi Group Ltd. | 13598 | 224946 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Neto Malinda Trading <br> Ltd.<br>| 2521 | $110694 |
| \* | Neto ME Holdings <br> Ltd.<br>| 867 | 55413 |
|  | Next Vision Stabilized <br> Systems Ltd.<br>| 23238 | 1020238 |
| \* | Nova Ltd. (NVMI IT) | 194 | 67388 |
|  | Oil Refineries Ltd. | 1351516 | 394574 |
|  | One Software <br> Technologies Ltd.<br>| 15311 | 411706 |
| # | Palram Industries <br> 1990 Ltd.<br>| 11175 | 257492 |
|  | Partner <br> Communications <br> Co. Ltd.<br>| 97735 | 970405 |
|  | Paz Retail & Energy <br> Ltd.<br>| 7318 | 1563376 |
| #\* | Perion Network Ltd. | 11917 | 112064 |
|  | Phoenix Financial <br> Ltd.<br>| 52640 | 2026483 |
|  | Plasson Industries <br> Ltd.<br>| 1335 | 77786 |
| # | Polyram Plastic <br> Industries Ltd.<br>| 24917 | 86932 |
|  | Prashkovsky <br> Investments & <br> Construction Ltd.<br>| 178 | 9079 |
| \* | Priortech Ltd. | 264 | 20182 |
|  | Qualitau Ltd. | 1674 | 257372 |
|  | Rami Levy Chain <br> Stores Hashikma <br> Marketing 2006 <br> Ltd.<br>| 4030 | 378748 |
| \* | Rani Zim Shopping <br> Centers Ltd.<br>| 41874 | 73921 |
| \* | Rapac Communication <br> & Infrastructure <br> Ltd.<br>| 788 | 14661 |
|  | Retailors Ltd. | 4258 | 76289 |
|  | Scope Metals Group <br> Ltd.<br>| 5426 | 262378 |
| \* | Shikun & Binui Soltec <br> Renewable Energy<br>| 71775 | 59927 |
|  | Shufersal Ltd. | 67433 | 838055 |
|  | Summit Real Estate <br> Holdings Ltd.<br>| 27308 | 559167 |
| # | Tadiran Group Ltd. | 2028 | 108004 |
| Ω | Tamar Petroleum Ltd. | 12970 | 160561 |
| #\* | TAT Technologies Ltd. | 1157 | 49628 |
|  | Tel Aviv Stock <br> Exchange Ltd.<br>| 679 | 15806 |
| # | Telsys Ltd. | 1595 | 96281 |
| \* | Tera Light Ltd. | 18659 | 72218 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
| \* | Teva Pharmaceutical <br> Industries Ltd. <br> (TEVA US), <br> Sponsored ADR<br>| 114334 | $2341560 |
|  | Tiv Taam Holdings 1 <br> Ltd.<br>| 45138 | 122342 |
| \* | Tower Semiconductor <br> Ltd. (TSEM IT)<br>| 377 | 31160 |
|  | Victory Supermarket <br> Chain Ltd.<br>| 3715 | 52625 |
|  | YD More Investments <br> Ltd.<br>| 11785 | 160657 |
|  | YH Dimri Construction <br> & Development <br> Ltd.<br>| 233 | 28115 |
| TOTAL ISRAEL | TOTAL ISRAEL |  | 49484087 |
| ITALY — (3.0%) | ITALY — (3.0%) | ITALY — (3.0%) | ITALY — (3.0%) |
|  | A2A SpA | 1115935 | 3251411 |
|  | ACEA SpA | 23610 | 572640 |
|  | Amplifon SpA | 25120 | 429295 |
| \* | Aquafil SpA | 15457 | 33852 |
|  | Ariston Holding NV | 45460 | 189000 |
|  | Arnoldo Mondadori <br> Editore SpA<br>| 109582 | 263337 |
|  | Ascopiave SpA | 28986 | 107554 |
|  | Azimut Holding SpA | 55894 | 2187511 |
|  | Banca Generali SpA | 25451 | 1441442 |
|  | Banca IFIS SpA | 23326 | 602643 |
|  | Banca Mediolanum <br> SpA<br>| 64894 | 1304659 |
|  | Banca Monte dei <br> Paschi di Siena <br> SpA<br>| 459257 | 4027906 |
|  | Banco BPM SpA | 508021 | 7401583 |
|  | Banco di Desio e della <br> Brianza SpA<br>| 29074 | 265720 |
| \*Ω | BFF Bank SpA | 83739 | 1010774 |
| # | Biesse SpA | 1204 | 7884 |
| # | BPER Banca SpA | 1125069 | 13480457 |
|  | Brembo NV | 47445 | 511712 |
| # | Brunello Cucinelli <br> SpA<br>| 17481 | 1771670 |
|  | Buzzi SpA | 10799 | 650600 |
| \* | Cairo Communication <br> SpA<br>| 62700 | 208244 |
| Ω | Carel Industries SpA | 537 | 13961 |
|  | Cembre SpA | 1846 | 134475 |
|  | Cementir Holding NV | 23656 | 435874 |
| \* | CIR SpA-Compagnie <br> Industriali<br>| 731369 | 583483 |
|  | Credito Emiliano SpA | 87133 | 1379435 |
| #\* | Cy4gate SpA | 1980 | 15114 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  | d'Amico International <br> Shipping SA<br>| 58379 | $302428 |
| # | Danieli & C Officine <br> Meccaniche SpA <br> (DAN IM)<br>| 4867 | 262993 |
|  | Danieli & C Officine <br> Meccaniche SpA <br> (DANR IM)<br>| 19287 | 739534 |
| \*Ω | doValue SpA | 14055 | 43901 |
|  | Emak SpA | 9490 | 11164 |
| Ω | Enav SpA | 94202 | 492217 |
|  | Enel SpA | 1243802 | 12581997 |
|  | Eni SpA (ENI IM) | 358819 | 6616433 |
|  | Esprinet SpA | 37403 | 250411 |
|  | Ferrari NV (RACE <br> US)<br>| 1825 | 737209 |
| # | Ferretti SpA | 85222 | 279927 |
|  | Fiera Milano SpA | 17420 | 157867 |
|  | Fila SpA | 20287 | 222440 |
|  | FinecoBank Banca <br> Fineco SpA<br>| 36826 | 842584 |
|  | FNM SpA | 170685 | 89471 |
|  | Garofalo Health Care <br> SpA<br>| 11922 | 71839 |
|  | Gefran SpA | 1088 | 15680 |
|  | Generali | 2406 | 92621 |
|  | GPI SpA | 1425 | 27974 |
|  | Hera SpA | 384502 | 1725716 |
|  | IMMSI SpA | 149021 | 99055 |
|  | Intercos SpA | 1239 | 16887 |
|  | Intesa Sanpaolo SpA | 573096 | 3693795 |
|  | Italmobiliare SpA | 13132 | 493287 |
|  | Iveco Group NV | 188079 | 3997262 |
|  | Maire SpA | 127750 | 1939633 |
|  | MFE-MediaForEurope <br> NV, Class A<br>| 91495 | 330307 |
|  | MFE-MediaForEurope <br> NV (MFEA IM), <br> Class A<br>| 284813 | 1008453 |
| # | MFE-MediaForEurope <br> NV (MFEB IM), <br> Class B<br>| 76382 | 356203 |
|  | Moltiply Group SpA | 11449 | 622353 |
|  | Moncler SpA | 22835 | 1369857 |
| \* | NewPrinces SpA | 10349 | 238165 |
|  | Orsero SpA | 14705 | 308087 |
| Ω | OVS SpA | 344563 | 1738963 |
|  | Pharmanutra SpA | 520 | 27767 |
| # | Piaggio & C SpA | 150340 | 342266 |
| Ω | Pirelli & C SpA | 220920 | 1550868 |
| Ω | Poste Italiane SpA | 107568 | 2593453 |
|  | Prysmian SpA | 17495 | 1824093 |
| Ω | RAI Way SpA | 81110 | 555836 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  | Recordati Industria <br> Chimica e <br> Farmaceutica SpA<br>| 15925 | $947884 |
|  | Reply SpA | 5989 | 840525 |
|  | Rizzoli Corriere Della <br> Sera Mediagroup <br> SpA<br>| 173303 | 206210 |
|  | Sabaf SpA | 2523 | 40701 |
| \* | Safilo Group SpA | 14771 | 28860 |
| # | Saipem SpA | 508900 | 1326674 |
| # | Sanlorenzo SpA | 7614 | 297693 |
|  | Sesa SpA | 4033 | 375314 |
|  | Sogefi SpA | 73717 | 297276 |
|  | SOL SpA | 26121 | 1529412 |
|  | Stellantis NV (STLAM <br> IM)<br>| 237111 | 2411382 |
|  | Tamburi Investment <br> Partners SpA<br>| 41568 | 419570 |
| Ω | Technogym SpA | 59339 | 1074811 |
| \* | Telecom Italia SpA <br> (TIT IM)<br>| 8671317 | 5112979 |
| \* | Telecom Italia SpA <br> (TITR IM)<br>| 3194631 | 2124064 |
| # | Tenaris SA (TS US), <br> ADR<br>| 3352 | 133410 |
| \* | TREVI - Finanziaria <br> Industriale SpA<br>| 362509 | 182405 |
|  | TXT e-solutions SpA | 872 | 33226 |
|  | UniCredit SpA | 147245 | 10902974 |
|  | Unipol Assicurazioni <br> SpA<br>| 171964 | 3764863 |
|  | Webuild SpA | 97627 | 394540 |
|  | Wiit SpA | 3370 | 76735 |
| # | Zignago Vetro SpA | 7004 | 60624 |
| TOTAL ITALY | TOTAL ITALY |  | 123535364 |
| JAPAN — (23.1%) | JAPAN — (23.1%) | JAPAN — (23.1%) | JAPAN — (23.1%) |
| # | &Do Holdings Co. <br> Ltd.<br>| 10900 | 76341 |
|  | 77 Bank Ltd. | 44800 | 1920229 |
|  | A&D HOLON Holdings <br> Co. Ltd.<br>| 22300 | 292290 |
| # | AB & Company Co. <br> Ltd.<br>| 7300 | 51930 |
|  | ABC-Mart, Inc. | 3900 | 66814 |
|  | Achilles Corp. | 8900 | 72419 |
|  | Acom Co. Ltd. | 127800 | 364329 |
| # | AD Works Group Co. <br> Ltd.<br>| 53860 | 166208 |
|  | ADEKA Corp. | 71300 | 1615500 |
|  | Ad-sol Nissin Corp. | 10200 | 97129 |
|  | Adtec Plasma <br> Technology Co. <br> Ltd.<br>| 3600 | 28204 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Advan Group Co. Ltd. | 13700 | $76647 |
|  | Advantest Corp. | 27500 | 4118009 |
|  | Aeon Co. Ltd. | 442242 | 6994810 |
| \* | Aeon Fantasy Co. <br> Ltd.<br>| 5700 | 102980 |
|  | AEON Financial <br> Service Co. Ltd.<br>| 27186 | 265912 |
|  | Aeon Hokkaido Corp. | 20200 | 113836 |
|  | Aeon Kyushu Co. Ltd. | 2200 | 42784 |
| # | AFC-HD AMS Life <br> Science Co. Ltd.<br>| 14400 | 79478 |
| # | AGC, Inc. | 52100 | 1627761 |
|  | Ahresty Corp. | 32200 | 167204 |
|  | Ai Holdings Corp. | 1500 | 26056 |
|  | Aica Kogyo Co. Ltd. | 12700 | 299075 |
|  | Aichi Corp. | 23700 | 198016 |
|  | Aichi Financial Group, <br> Inc.<br>| 9639 | 248528 |
|  | Aichi Steel Corp. | 59600 | 1026123 |
|  | Aichi Tokei Denki Co. <br> Ltd.<br>| 7400 | 133989 |
|  | Aida Engineering Ltd. | 35278 | 210994 |
| # | Aidma Holdings, Inc. | 2900 | 55588 |
|  | Aiful Corp. | 232800 | 684612 |
|  | Ain Holdings, Inc. | 9471 | 396827 |
|  | Aiphone Co. Ltd. | 8300 | 151694 |
|  | Air Water, Inc. | 99200 | 1385348 |
|  | Airman Corp. | 18500 | 230866 |
|  | Airport Facilities Co. <br> Ltd.<br>| 21100 | 140991 |
|  | Airtech Japan Ltd. | 3200 | 26302 |
|  | Aisan Industry Co. <br> Ltd.<br>| 43700 | 592128 |
|  | Aisin Corp. | 161118 | 2895322 |
|  | AIT Corp. | 5900 | 76664 |
| # | Aizawa Securities <br> Group Co. Ltd.<br>| 8900 | 75289 |
|  | Ajinomoto Co., Inc. | 94600 | 2683074 |
|  | Akatsuki Corp. | 30500 | 105757 |
|  | Akatsuki, Inc. | 5900 | 100480 |
| #\* | Akebono Brake <br> Industry Co. Ltd.<br>| 153840 | 114411 |
|  | Akita Bank Ltd. | 2200 | 52126 |
| # | Albis Co. Ltd. | 5800 | 100899 |
|  | Alconix Corp. | 27500 | 386385 |
|  | Alfresa Holdings <br> Corp.<br>| 41600 | 587740 |
| # | Alinco, Inc. | 10800 | 72452 |
| # | Alleanza Holdings Co. <br> Ltd.<br>| 10700 | 72466 |
| # | Alpen Co. Ltd. | 16600 | 245063 |
|  | Alpha Corp. | 1400 | 10547 |
| # | Alpha Systems, Inc. | 5400 | 126572 |
|  | Alps Alpine Co. Ltd. | 154915 | 1951294 |
|  | ALSOK Co. Ltd. | 85000 | 580962 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Altech Corp. | 10820 | $179492 |
|  | Amada Co. Ltd. | 122700 | 1463152 |
|  | Amano Corp. | 19000 | 504103 |
|  | Amuse, Inc. | 8300 | 101436 |
|  | Anabuki Kosan, Inc. | 3600 | 50270 |
|  | Anest Iwata Corp. | 27400 | 269590 |
|  | Anicom Holdings, Inc. | 33600 | 173275 |
|  | Anrakutei Co. Ltd. | 600 | 14091 |
|  | AOI Electronics Co. <br> Ltd.<br>| 900 | 13486 |
|  | AOKI Holdings, Inc. | 29378 | 316717 |
|  | Aoyama Trading Co. <br> Ltd.<br>| 36481 | 539354 |
|  | Aoyama Zaisan <br> Networks Co. Ltd.<br>| 21200 | 276252 |
|  | Aozora Bank Ltd. | 2916 | 41752 |
|  | Arata Corp. | 26466 | 515629 |
|  | Araya Industrial Co. <br> Ltd.<br>| 3600 | 115054 |
|  | ARCLANDS Corp. | 66648 | 756989 |
|  | Arcs Co. Ltd. | 29696 | 603470 |
|  | ARE Holdings, Inc. | 38900 | 617682 |
|  | Arealink Co. Ltd. | 29708 | 195866 |
|  | Argo Graphics, Inc. | 50400 | 447091 |
|  | Arisawa <br> Manufacturing Co. <br> Ltd.<br>| 14000 | 147663 |
|  | Art Vivant Co. Ltd. | 1600 | 19288 |
|  | Artience Co. Ltd. | 22200 | 452460 |
| # | Artnature, Inc. | 12400 | 67895 |
|  | As One Corp. | 4500 | 73457 |
|  | Asahi Co. Ltd. | 2444 | 20714 |
|  | Asahi Diamond <br> Industrial Co. Ltd.<br>| 44843 | 243351 |
|  | Asahi Group Holdings <br> Ltd.<br>| 142500 | 1536409 |
|  | Asahi Intecc Co. Ltd. | 12400 | 196631 |
|  | Asahi Kasei Corp. | 362900 | 2780583 |
|  | Asahi Kogyosha Co. <br> Ltd.<br>| 15600 | 317638 |
|  | Asahi Net, Inc. | 12800 | 58323 |
|  | Asahi Printing Co. <br> Ltd.<br>| 3400 | 19256 |
|  | Asahi Yukizai Corp. | 13100 | 408258 |
|  | Asanuma Corp. | 80000 | 449556 |
|  | Asia Pile Holdings <br> Corp.<br>| 34300 | 270158 |
|  | Asics Corp. | 151000 | 3845089 |
|  | ASKA Pharmaceutical <br> Holdings Co. Ltd.<br>| 21700 | 294694 |
|  | ASKUL Corp. | 4800 | 43643 |
|  | Astellas Pharma, Inc. | 417946 | 4374903 |
| # | Astena Holdings Co. <br> Ltd.<br>| 49200 | 149221 |
| \* | Atsugi Co. Ltd. | 14700 | 108166 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Aucnet, Inc. | 21600 | $282647 |
|  | Autobacs Seven Co. <br> Ltd.<br>| 64100 | 640425 |
| # | Aval Data Corp. | 800 | 11889 |
|  | Avant Group Corp. | 7900 | 81158 |
|  | Avantia Co. Ltd. | 6900 | 36749 |
|  | Avex, Inc. | 16800 | 131665 |
|  | Awa Bank Ltd. | 32497 | 767755 |
|  | Axell Corp. | 4400 | 39398 |
|  | Axial Retailing, Inc. | 79544 | 561796 |
|  | Azbil Corp. | 52300 | 515541 |
| # | AZ-COM MARUWA <br> Holdings, Inc.<br>| 12601 | 84026 |
|  | AZOOM Co. Ltd. | 1600 | 49840 |
|  | Bandai Namco <br> Holdings, Inc.<br>| 36600 | 1139079 |
|  | Bando Chemical <br> Industries Ltd.<br>| 27700 | 347647 |
| \* | Bank of Innovation, <br> Inc.<br>| 600 | 29614 |
|  | Bank of Iwate Ltd. | 4000 | 105032 |
|  | Bank of Nagoya Ltd. | 23403 | 597573 |
|  | Bank of Saga Ltd. | 5571 | 115672 |
|  | Bank of the Ryukyus <br> Ltd.<br>| 37600 | 366838 |
|  | Base Co. Ltd. | 4800 | 108903 |
| #\* | baudroie, Inc. | 2600 | 48781 |
|  | BayCurrent, Inc. | 39200 | 1797869 |
| # | Belc Co. Ltd. | 7400 | 347425 |
|  | Bell System24 <br> Holdings, Inc.<br>| 19900 | 170980 |
|  | Bell-Park Co. Ltd. | 1500 | 28482 |
|  | Belluna Co. Ltd. | 40879 | 269377 |
|  | Bic Camera, Inc. | 1200 | 12097 |
|  | BIPROGY, Inc. | 20000 | 807828 |
|  | B-Lot Co. Ltd. | 8200 | 92817 |
|  | Blue Zones Holdings <br> Co. Ltd.<br>| 8900 | 452951 |
|  | BML, Inc. | 13692 | 324364 |
| # | Bookoff Group <br> Holdings Ltd.<br>| 9200 | 78995 |
|  | Bourbon Corp. | 800 | 12606 |
| \*†† | Bourbon Corp. SA | 9346 | 0 |
|  | B-R31 Ice Cream Co. <br> Ltd.<br>| 900 | 23529 |
|  | Bridgestone Corp. | 48700 | 2126004 |
| # | Broadband Tower, <br> Inc.<br>| 11500 | 12530 |
|  | Brother Industries <br> Ltd.<br>| 121500 | 2068017 |
|  | Buffalo, Inc. | 7400 | 166276 |
| # | Bull-Dog Sauce Co. <br> Ltd.<br>| 2200 | 27137 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Bunka Shutter Co. <br> Ltd.<br>| 59800 | $788693 |
|  | Business Brain <br> Showa-Ota, Inc.<br>| 4900 | 97801 |
|  | Business Engineering <br> Corp.<br>| 2400 | 98305 |
|  | C Uyemura & Co. <br> Ltd.<br>| 3400 | 276544 |
|  | CAC Holdings Corp. | 5400 | 74794 |
|  | Calbee, Inc. | 1500 | 27916 |
|  | Canon Electronics, <br> Inc.<br>| 13300 | 232663 |
|  | Canon Marketing <br> Japan, Inc.<br>| 16400 | 682908 |
|  | Canon, Inc. (7751 JP) | 5400 | 155076 |
|  | Canon, Inc. (CAJ US), <br> Sponsored ADR<br>| 19564 | 561291 |
|  | Capcom Co. Ltd. | 40800 | 1065415 |
|  | Career Design Center <br> Co. Ltd.<br>| 1300 | 18489 |
| # | Careerlink Co. Ltd. | 2700 | 41353 |
| # | Carlit Co. Ltd. | 17700 | 175536 |
|  | Casio Computer Co. <br> Ltd.<br>| 7600 | 59581 |
|  | Cawachi Ltd. | 11991 | 230785 |
| # | CCI Group, Inc. | 115000 | 491564 |
| # | CDS Co. Ltd. | 2600 | 30427 |
|  | Celsys, Inc. | 16443 | 174881 |
|  | Central Automotive <br> Products Ltd.<br>| 31800 | 370212 |
|  | Central Glass Co. <br> Ltd.<br>| 34000 | 709342 |
|  | Central Security <br> Patrols Co. Ltd.<br>| 3000 | 52973 |
| # | Central Sports Co. <br> Ltd.<br>| 5200 | 80569 |
| # | Change Holdings, <br> Inc.<br>| 16900 | 123871 |
| # | Charm Care Corp. <br> KK<br>| 9700 | 68558 |
|  | Chiba Bank Ltd.  | 90500 | 883075 |
|  | Chiba Kogyo Bank <br> Ltd.<br>| 35000 | 365186 |
|  | Chikaranomoto <br> Holdings Co. Ltd.<br>| 3400 | 31164 |
|  | Chino Corp. | 11800 | 105770 |
|  | Chiyoda Co. Ltd. | 6982 | 44313 |
|  | Chiyoda Integre Co. <br> Ltd.<br>| 7600 | 152393 |
|  | Chofu Seisakusho Co. <br> Ltd.<br>| 6955 | 88183 |
|  | Chori Co. Ltd. | 10100 | 260147 |
|  | Choushimaru Co. Ltd. | 1400 | 13851 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Chubu Shiryo Co. <br> Ltd.<br>| 17700 | $183878 |
| # | Chubu Steel Plate Co. <br> Ltd.<br>| 15500 | 199008 |
|  | Chudenko Corp. | 14800 | 403900 |
|  | Chuetsu Pulp & Paper <br> Co. Ltd.<br>| 13289 | 143385 |
|  | Chugai <br> Pharmaceutical Co. <br> Ltd.<br>| 68900 | 3153396 |
|  | Chugai Ro Co. Ltd. | 4600 | 139067 |
|  | Chugin Financial <br> Group, Inc.<br>| 69500 | 969170 |
|  | Chugoku Marine <br> Paints Ltd.<br>| 39000 | 1042567 |
| # | Chuo Spring Co. Ltd. | 11700 | 252163 |
|  | Chuo Warehouse Co. <br> Ltd.<br>| 8300 | 71201 |
|  | Citizen Watch Co. <br> Ltd.<br>| 158100 | 1097163 |
|  | CKD Corp. | 19000 | 406847 |
|  | CK-San-Etsu Co. Ltd. | 4100 | 106204 |
|  | Cleanup Corp. | 6900 | 34040 |
|  | CMK Corp. | 32100 | 83449 |
|  | Coca-Cola Bottlers <br> Japan Holdings, <br> Inc.<br>| 27685 | 443043 |
| \* | COLOPL, Inc. | 46900 | 135474 |
| # | Colowide Co. Ltd. | 3500 | 37967 |
|  | Computer Engineering <br> & Consulting Ltd.<br>| 1100 | 15415 |
| # | Computer Institute of <br> Japan Ltd.<br>| 12520 | 38836 |
|  | COMSYS Holdings <br> Corp.<br>| 28459 | 717664 |
|  | Copro-Holdings Co. <br> Ltd.<br>| 5600 | 37511 |
|  | Core Corp. | 900 | 12023 |
|  | Corona Corp. | 8900 | 52121 |
| # | Cosel Co. Ltd. | 22163 | 176618 |
|  | Cosmo Energy <br> Holdings Co. Ltd.<br>| 152200 | 3475545 |
|  | Cosmos Initia Co. <br> Ltd.<br>| 11900 | 100016 |
|  | Cosmos <br> Pharmaceutical <br> Corp.<br>| 13400 | 599535 |
| # | Cota Co. Ltd. | 989 | 7788 |
| #\* | Cover Corp. | 13700 | 162464 |
|  | Create Restaurants <br> Holdings, Inc.<br>| 119600 | 570201 |
|  | Create SD Holdings <br> Co. Ltd.<br>| 6600 | 136781 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Credit Saison Co. <br> Ltd.<br>| 113500 | $2764916 |
|  | Creek & River Co. <br> Ltd.<br>| 4000 | 38020 |
|  | Cresco Ltd. | 19800 | 208390 |
|  | CTI Engineering Co. <br> Ltd.<br>| 26000 | 478108 |
|  | CTS Co. Ltd. | 8000 | 46073 |
| \* | CUC, Inc. | 9800 | 67026 |
|  | Curves Holdings Co. <br> Ltd.<br>| 19300 | 90931 |
|  | CyberAgent, Inc. | 25370 | 252895 |
|  | Cybozu, Inc. | 13800 | 274601 |
|  | Dai Nippon Printing <br> Co. Ltd.<br>| 18000 | 300427 |
| # | Dai Nippon Toryo Co. <br> Ltd.<br>| 18850 | 155031 |
|  | Daicel Corp. | 163800 | 1409351 |
|  | Daido Metal Co. Ltd. | 44606 | 302109 |
|  | Daido Steel Co. Ltd. | 92800 | 878064 |
|  | Daifuku Co. Ltd. | 32000 | 1020057 |
|  | Daihatsu Infinearth <br> Mfg Co. Ltd.<br>| 29100 | 578299 |
|  | Daiho Corp. | 36500 | 186905 |
|  | Dai-Ichi Cutter Kogyo <br> KK<br>| 7500 | 63503 |
|  | Daiichi Jitsugyo Co. <br> Ltd.<br>| 19700 | 333599 |
|  | Daiichi Kensetsu <br> Corp.<br>| 2200 | 49897 |
| # | Daiichi Kigenso <br> Kagaku-Kogyo Co. <br> Ltd.<br>| 16230 | 137696 |
|  | Dai-ichi Life Holdings, <br> Inc.<br>| 348700 | 2447523 |
|  | Daiichikosho Co. Ltd. | 34300 | 350698 |
|  | Daiken Medical Co. <br> Ltd.<br>| 14800 | 42833 |
|  | Daiki Aluminium <br> Industry Co. Ltd.<br>| 25600 | 186800 |
|  | Daikin Industries Ltd. | 2100 | 243978 |
| # | Daikoku Denki Co. <br> Ltd.<br>| 7900 | 136870 |
| # | Daikokutenbussan Co. <br> Ltd.<br>| 4000 | 160703 |
|  | Daikyonishikawa <br> Corp.<br>| 46716 | 220790 |
|  | Dainichi Co. Ltd. | 2000 | 11911 |
|  | Dainichiseika Color & <br> Chemicals <br> Manufacturing Co. <br> Ltd.<br>| 8909 | 219462 |
|  | Daio Paper Corp. | 20300 | 106996 |
|  | Daiseki Co. Ltd. | 12100 | 254506 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Daishi Hokuetsu <br> Financial Group, <br> Inc.<br>| 148200 | $1429251 |
| # | Daishinku Corp. | 26100 | 98199 |
|  | Daisue Construction <br> Co. Ltd.<br>| 7800 | 172086 |
|  | Daito Pharmaceutical <br> Co. Ltd.<br>| 21858 | 176309 |
|  | Daito Trust <br> Construction Co. <br> Ltd.<br>| 60000 | 1121763 |
|  | Daitron Co. Ltd. | 10400 | 312303 |
|  | Daiwa House Industry <br> Co. Ltd.<br>| 202600 | 6873822 |
|  | Daiwa Industries Ltd. | 30600 | 313126 |
|  | Daiwa Securities <br> Group, Inc.<br>| 136500 | 1050497 |
|  | Daiwabo Holdings Co. <br> Ltd.<br>| 64800 | 1210465 |
|  | DCM Holdings Co. <br> Ltd.<br>| 95290 | 883574 |
|  | Dear Life Co. Ltd. | 24400 | 174801 |
| # | DeNA Co. Ltd. | 39300 | 689028 |
|  | Denka Co. Ltd. | 31800 | 461525 |
|  | Densan System <br> Holdings Co. Ltd.<br>| 500 | 11552 |
|  | Denso Corp. | 77400 | 1081416 |
|  | Dentsu Group, Inc. | 3800 | 75258 |
|  | Dentsu Soken, Inc. | 8300 | 411035 |
|  | Denyo Co. Ltd. | 13100 | 243852 |
|  | Dexerials Corp. | 93000 | 1500081 |
|  | DIC Corp. | 48569 | 1142733 |
| # | Digital Arts, Inc. | 7300 | 357137 |
|  | Digital Hearts <br> Holdings Co. Ltd.<br>| 3900 | 24246 |
| # | Digital Holdings, Inc. | 7500 | 105418 |
|  | Digital Information <br> Technologies Corp.<br>| 6700 | 107628 |
|  | Disco Corp. | 3200 | 1062665 |
|  | DKS Co. Ltd. | 7153 | 304943 |
| # | DMG Mori Co. Ltd. | 70500 | 1093416 |
|  | DMS, Inc. | 2100 | 41742 |
|  | Doshisha Co. Ltd. | 22200 | 417511 |
|  | Double Standard, Inc. | 2500 | 27341 |
|  | Doutor Nichires <br> Holdings Co. Ltd.<br>| 25500 | 397789 |
|  | Dowa Holdings Co. <br> Ltd.<br>| 41400 | 1501132 |
|  | DTS Corp. | 82400 | 686457 |
|  | Duskin Co. Ltd. | 13087 | 315514 |
| # | DyDo Group Holdings, <br> Inc.<br>| 18300 | 288174 |
|  | Eagle Industry Co. <br> Ltd.<br>| 24001 | 424889 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | EAT&HOLDINGS Co. <br> Ltd.<br>| 4900 | $62313 |
|  | Ebara Corp. | 133000 | 3546753 |
|  | Ebara Foods Industry, <br> Inc.<br>| 1400 | 22557 |
|  | Ebara Jitsugyo Co. <br> Ltd.<br>| 9200 | 250248 |
|  | Ebase Co. Ltd. | 4800 | 14073 |
| # | Eco's Co. Ltd. | 10500 | 193199 |
|  | EDION Corp. | 31000 | 407788 |
|  | eGuarantee, Inc. | 11401 | 117599 |
| # | Ehime Bank Ltd. | 22029 | 178646 |
|  | Eizo Corp. | 22200 | 315131 |
|  | EJ Holdings, Inc. | 11100 | 119869 |
|  | Elan Corp. | 5401 | 27418 |
|  | Elecom Co. Ltd. | 10600 | 123956 |
|  | EM Systems Co. Ltd. | 7900 | 41864 |
|  | Endo Lighting Corp. | 13700 | 200551 |
|  | ENEOS Holdings, <br> Inc.<br>| 1351570 | 8526667 |
|  | Enomoto Co. Ltd. | 2200 | 27553 |
|  | Enplas Corp. | 8400 | 441526 |
|  | Ensuiko Sugar <br> Refining Co. Ltd.<br>| 8300 | 27069 |
|  | ERI Holdings Co. Ltd. | 3400 | 80934 |
| # | ES-Con Japan Ltd. | 30100 | 195494 |
|  | Eslead Corp. | 9300 | 328232 |
|  | ESPEC Corp. | 13900 | 316303 |
|  | eWeLL Co. Ltd. | 900 | 16160 |
|  | Exedy Corp. | 26864 | 902630 |
|  | EXEO Group, Inc. | 115708 | 1668828 |
|  | Ezaki Glico Co. Ltd. | 15400 | 492128 |
|  | F&M Co. Ltd. | 3700 | 63807 |
|  | FaithNetwork Co. Ltd. | 2700 | 14491 |
|  | FALCO HOLDINGS <br> Co. Ltd.<br>| 5800 | 93346 |
|  | Fast Fitness Japan, <br> Inc.<br>| 2500 | 29028 |
|  | Fast Retailing Co. <br> Ltd.<br>| 17800 | 6534731 |
|  | FCC Co. Ltd. | 33055 | 667712 |
|  | Feed One Co. Ltd. | 30848 | 203677 |
|  | Ferrotec Corp. | 41000 | 1344012 |
| # | FFRI Security, Inc. | 2500 | 175476 |
| # | FIDEA Holdings Co. <br> Ltd.<br>| 11420 | 122645 |
|  | Financial Partners <br> Group Co. Ltd.<br>| 27500 | 381219 |
| # | Fintech Global, Inc. | 118000 | 77933 |
|  | First Bank of Toyama <br> Ltd.<br>| 39200 | 370651 |
| # | Fixstars Corp. | 13800 | 179804 |
|  | FJ Next Holdings Co. <br> Ltd.<br>| 18900 | 185260 |
|  | Focus Systems Corp. | 5600 | 58715 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Food & Life Cos. Ltd. | 43800 | $2136274 |
|  | Forum Engineering, <br> Inc.<br>| 14200 | 113280 |
|  | Foster Electric Co. <br> Ltd.<br>| 18240 | 315358 |
|  | FP Corp. | 24703 | 401429 |
|  | France Bed Holdings <br> Co. Ltd.<br>| 29600 | 252850 |
|  | Freebit Co. Ltd. | 10200 | 104986 |
|  | F-Tech, Inc. | 13400 | 65549 |
|  | FTGroup Co. Ltd. | 6300 | 52262 |
|  | Fudo Tetra Corp. | 14876 | 235536 |
| # | Fuji Co. Ltd. | 28200 | 360144 |
|  | Fuji Corp. (6134 JP) | 32100 | 622958 |
|  | Fuji Corp. Ltd. | 21599 | 114912 |
|  | Fuji Die Co. Ltd. | 2200 | 12596 |
|  | Fuji Electric Co. Ltd. | 21602 | 1542844 |
| # | Fuji Kyuko Co. Ltd. | 12500 | 201018 |
|  | Fuji Media Holdings, <br> Inc.<br>| 12100 | 270078 |
|  | Fuji Nihon Corp. | 3400 | 23177 |
|  | Fuji Oil Co. Ltd. | 28138 | 582008 |
|  | Fuji Pharma Co. Ltd. | 15900 | 162674 |
|  | Fuji Seal International, <br> Inc.<br>| 30172 | 530501 |
|  | Fuji United Holdings <br> Co. Ltd.<br>| 3300 | 25105 |
|  | Fujibo Holdings, Inc. | 8200 | 363039 |
| # | Fujicco Co. Ltd. | 18785 | 194788 |
|  | FUJIFILM Holdings <br> Corp.<br>| 36000 | 834361 |
|  | Fujikura Composites, <br> Inc.<br>| 18600 | 233125 |
|  | Fujikura Kasei Co. <br> Ltd.<br>| 20400 | 81583 |
|  | Fujikura Ltd. | 130300 | 17743475 |
|  | Fujita Kanko, Inc. | 3600 | 260623 |
|  | Fujitsu Ltd. | 68500 | 1785140 |
| # | Fujiya Co. Ltd. | 6400 | 107392 |
| # | FuKoKu Co. Ltd. | 14100 | 167812 |
|  | Fukuda Corp. | 4900 | 218648 |
|  | Fukuda Denshi Co. <br> Ltd.<br>| 13000 | 588099 |
|  | Fukui Computer <br> Holdings, Inc.<br>| 7500 | 149951 |
|  | Fukuoka Financial <br> Group, Inc.<br>| 36308 | 1055124 |
|  | Fukuyama <br> Transporting Co. <br> Ltd.<br>| 14461 | 359205 |
|  | FULLCAST Holdings <br> Co. Ltd.<br>| 6100 | 66913 |
|  | Fumakilla Ltd. | 1300 | 9812 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Funai Soken Holdings, <br> Inc.<br>| 13560 | $213619 |
|  | Furukawa Co. Ltd. | 27100 | 534118 |
|  | Furukawa Electric Co. <br> Ltd.<br>| 17600 | 1245827 |
|  | Furuno Electric Co. <br> Ltd.<br>| 24800 | 1438786 |
| # | Furuya Metal Co. Ltd. | 13499 | 248953 |
|  | Furyu Corp. | 6200 | 41944 |
|  | Fuso Chemical Co. <br> Ltd.<br>| 14800 | 490657 |
|  | Futaba Corp. | 19500 | 85235 |
|  | Futaba Industrial Co. <br> Ltd.<br>| 82800 | 505688 |
|  | Future Corp. | 26200 | 369414 |
|  | Fuyo General Lease <br> Co. Ltd.<br>| 68400 | 1788287 |
|  | G-7 Holdings, Inc. | 18000 | 149242 |
|  | GA Technologies Co. <br> Ltd.<br>| 6700 | 86597 |
|  | Gakken Holdings Co. <br> Ltd.<br>| 31200 | 207812 |
|  | Gakkyusha Co. Ltd. | 3300 | 48613 |
| # | Gakujo Co. Ltd. | 7000 | 73243 |
|  | Galilei Co. Ltd. | 14600 | 339599 |
| # | Gamecard Holdings, <br> Inc.<br>| 5300 | 100428 |
|  | Gecoss Corp. | 11559 | 102652 |
|  | Genki Global Dining <br> Concepts Corp.<br>| 9800 | 192486 |
| # | Genky DrugStores Co. <br> Ltd.<br>| 16800 | 559211 |
|  | Geo Holdings Corp. | 34300 | 359063 |
| # | Gift Holdings, Inc. | 6400 | 133959 |
|  | Global Link <br> Management KK<br>| 1200 | 20695 |
|  | GLOBERIDE, Inc. | 19600 | 296478 |
|  | Glory Ltd. | 21973 | 525031 |
| # | GMO Financial <br> Holdings, Inc.<br>| 33800 | 197231 |
|  | GMO internet group, <br> Inc.<br>| 37700 | 844376 |
|  | GMO Payment <br> Gateway, Inc.<br>| 12500 | 681879 |
|  | Godo Steel Ltd. | 10300 | 244215 |
|  | Goldcrest Co. Ltd. | 13690 | 296762 |
|  | Goldwin, Inc. | 2400 | 39643 |
| # | Grandy House Corp. | 16800 | 61724 |
|  | GREE Holdings, Inc. | 15800 | 41272 |
|  | Greens Co. Ltd. | 4400 | 64319 |
|  | grems, Inc. | 3900 | 58157 |
|  | GS Yuasa Corp. | 54700 | 1527473 |
|  | GSI Creos Corp. | 10100 | 151242 |
|  | G-Tekt Corp. | 23532 | 301931 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Gun-Ei Chemical <br> Industry Co. Ltd.<br>| 3300 | $71252 |
|  | GungHo Online <br> Entertainment, Inc.<br>| 870 | 14712 |
|  | Gunma Bank Ltd. | 200100 | 2079965 |
|  | Gunze Ltd. | 30208 | 744105 |
|  | H.U. Group Holdings, <br> Inc.<br>| 18300 | 446526 |
|  | H2O Retailing Corp. | 88499 | 1197329 |
|  | Hachijuni Bank Ltd. | 124250 | 1251588 |
| # | Hagihara Industries, <br> Inc.<br>| 12795 | 133622 |
|  | Hagiwara Electric <br> Holdings Co. Ltd.<br>| 6900 | 158421 |
| # | Hakudo Co. Ltd. | 6200 | 89163 |
|  | Hakuhodo DY <br> Holdings, Inc.<br>| 38100 | 275781 |
|  | Hakuto Co. Ltd. | 4800 | 120043 |
|  | Hakuyosha Co. Ltd. | 1600 | 32905 |
|  | Halows Co. Ltd. | 8300 | 235302 |
|  | Hamakyorex Co. Ltd. | 69200 | 686427 |
| # | Hamee Corp. | 3500 | 11768 |
|  | Hankyu Hanshin <br> Holdings, Inc.<br>| 50452 | 1354836 |
|  | Hanwa Co. Ltd. | 34400 | 1434842 |
| # | Happinet Corp. | 19600 | 798382 |
|  | Hard Off Corp. Co. <br> Ltd.<br>| 8200 | 96049 |
|  | Harima Chemicals <br> Group, Inc.<br>| 10000 | 58380 |
|  | Haseko Corp. | 166400 | 2687191 |
| # | Hashimoto Sogyo <br> Holdings Co. Ltd.<br>| 5200 | 40322 |
|  | Hazama Ando Corp. | 69550 | 778238 |
|  | Heiwa Corp. | 20700 | 269087 |
|  | Heiwa Real Estate <br> Co. Ltd.<br>| 7434 | 108801 |
|  | Heiwado Co. Ltd. | 25567 | 470298 |
|  | Helios Techno Holding <br> Co. Ltd.<br>| 19300 | 108603 |
| # | Hennge KK | 3200 | 30402 |
|  | Hibiya Engineering <br> Ltd.<br>| 7600 | 223534 |
|  | Hiday Hidaka Corp. | 11900 | 254017 |
|  | Hikari Tsushin, Inc. | 600 | 158932 |
| # | HI-LEX Corp. | 18300 | 339573 |
|  | Hioki EE Corp. | 6700 | 257360 |
|  | Hirakawa Hewtech <br> Corp.<br>| 9960 | 149995 |
|  | Hirano Tecseed Co. <br> Ltd.<br>| 8800 | 92046 |
|  | Hirata Corp. | 19400 | 256136 |
|  | Hirogin Holdings, Inc. | 151500 | 1415440 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Hirose Electric Co. <br> Ltd.<br>| 1200 | $160761 |
|  | Hirose Tusyo, Inc. | 2900 | 70538 |
|  | Hisaka Works Ltd. | 16600 | 151716 |
|  | Hisamitsu <br> Pharmaceutical Co., <br> Inc.<br>| 7200 | 187154 |
|  | Hitachi Construction <br> Machinery Co. Ltd.<br>| 60000 | 1952817 |
|  | Hitachi Ltd. (6501 JP) | 161100 | 5503012 |
| # | Hito Communications <br> Holdings, Inc.<br>| 2000 | 12975 |
|  | Hochiki Corp. | 11400 | 284949 |
| # | Hodogaya Chemical <br> Co. Ltd.<br>| 10450 | 123615 |
|  | Hogy Medical Co. <br> Ltd.<br>| 7200 | 249936 |
|  | Hokkaido Coca-Cola <br> Bottling Co. Ltd.<br>| 3700 | 92795 |
|  | Hokkan Holdings Ltd. | 11600 | 161933 |
|  | Hokko Chemical <br> Industry Co. Ltd.<br>| 17500 | 184055 |
| # | Hokuetsu Corp. | 61200 | 324563 |
|  | Hokuhoku Financial <br> Group, Inc.<br>| 95437 | 2337983 |
|  | Hokuriku Electric <br> Industry Co. Ltd.<br>| 6200 | 91560 |
| # | Hokuriku Electrical <br> Construction Co. <br> Ltd.<br>| 8599 | 78085 |
|  | Hokuryo Co. Ltd. | 1600 | 28855 |
|  | Hokuto Corp. | 11600 | 137277 |
|  | Honda Motor Co. Ltd. <br> (7267 JP)<br>| 357405 | 3612379 |
| # | Honda Motor Co. Ltd. <br> (HMC US), <br> Sponsored ADR<br>| 16859 | 514199 |
|  | H-One Co. Ltd. | 22900 | 198416 |
| # | Honeys Holdings Co. <br> Ltd.<br>| 21170 | 203338 |
|  | Hoosiers Holdings Co. <br> Ltd.<br>| 38300 | 314328 |
|  | Horiba Ltd. | 20900 | 1941780 |
|  | Hoshizaki Corp. | 1000 | 35185 |
|  | Hosiden Corp. | 39700 | 632861 |
|  | Hosokawa Micron <br> Corp.<br>| 13300 | 491131 |
| # | Hotland Holdings Co. <br> Ltd.<br>| 6400 | 85269 |
|  | House Foods Group, <br> Inc.<br>| 7000 | 131174 |
| # | Howa Machinery Ltd. | 9000 | 83158 |
|  | Hoya Corp. | 32800 | 5327770 |
|  | HS Holdings Co. Ltd. | 6400 | 41639 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Hulic Co. Ltd. | 58667 | $606110 |
|  | Hyakugo Bank Ltd. | 100467 | 623061 |
|  | Hyakujushi Bank Ltd. | 18801 | 658189 |
|  | Ibiden Co. Ltd. | 25900 | 2437826 |
|  | IBJ, Inc. | 5100 | 26590 |
|  | Ichiken Co. Ltd. | 3300 | 82566 |
|  | Ichikoh Industries Ltd. | 41100 | 124996 |
|  | Ichinen Holdings Co. <br> Ltd.<br>| 20600 | 268800 |
|  | Ichiyoshi Securities <br> Co. Ltd.<br>| 23600 | 130012 |
| # | Icom, Inc. | 6700 | 136300 |
|  | ID Holdings Corp. | 4200 | 55066 |
|  | IDEA Consultants, <br> Inc.<br>| 1100 | 24930 |
|  | Idec Corp. | 25400 | 386657 |
|  | Idemitsu Kosan Co. <br> Ltd.<br>| 529835 | 3684340 |
|  | IDOM, Inc. | 52300 | 390404 |
|  | IHI Corp. | 93800 | 1942044 |
|  | Iida Group Holdings <br> Co. Ltd.<br>| 27765 | 425176 |
|  | Iino Kaiun Kaisha Ltd. | 95700 | 780538 |
| # | IKK Holdings, Inc. | 8200 | 40305 |
|  | I'll, Inc. | 3700 | 58486 |
|  | Imasen Electric <br> Industrial<br>| 4500 | 22708 |
|  | i-mobile Co. Ltd. | 21100 | 80003 |
|  | Imuraya Group Co. <br> Ltd.<br>| 3500 | 56281 |
|  | Inaba Denki Sangyo <br> Co. Ltd.<br>| 27300 | 803904 |
|  | Inaba Seisakusho Co. <br> Ltd.<br>| 6700 | 68810 |
|  | Inabata & Co. Ltd. | 45600 | 1021287 |
|  | Ines Corp. | 18500 | 204373 |
| # | I-Net Corp. | 10100 | 165311 |
|  | INFRONEER <br> Holdings, Inc.<br>| 193468 | 2072647 |
|  | Innotech Corp. | 12900 | 152742 |
|  | Inpex Corp. | 435200 | 8030363 |
|  | Insource Co. Ltd. | 17800 | 100633 |
|  | Intage Holdings, Inc. | 4800 | 53132 |
|  | Intelligent Wave, Inc. | 4100 | 27513 |
| # | Inter Action Corp. | 1600 | 14723 |
|  | Internet Initiative <br> Japan, Inc.<br>| 32900 | 593598 |
| # | Inui Global Logistics <br> Co. Ltd.<br>| 7900 | 80429 |
| # | IPS, Inc. | 4000 | 78021 |
|  | Iriso Electronics Co. <br> Ltd.<br>| 7323 | 147004 |
|  | ISB Corp. | 6700 | 78000 |
| # | Ise Chemicals Corp. | 1600 | 326602 |
|  | Iseki & Co. Ltd. | 14608 | 208359 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Isetan Mitsukoshi <br> Holdings Ltd.<br>| 35500 | $557140 |
| # | Ishihara Chemical Co. <br> Ltd.<br>| 3300 | 46598 |
|  | Ishihara Sangyo <br> Kaisha Ltd.<br>| 26500 | 407796 |
|  | Ishizuka Glass Co. <br> Ltd.<br>| 1100 | 21545 |
| # | Istyle, Inc. | 31400 | 91386 |
|  | Isuzu Motors Ltd. | 209500 | 2570624 |
|  | Itfor, Inc. | 19000 | 187872 |
| # | ITmedia, Inc. | 9300 | 96824 |
| # | Ito En Ltd. | 24581 | 506639 |
|  | ITOCHU Corp. | 59400 | 3440641 |
|  | Itochu Enex Co. Ltd. | 66100 | 779875 |
|  | Itochu-Shokuhin Co. <br> Ltd.<br>| 4700 | 285685 |
|  | Itoham Yonekyu <br> Holdings, Inc.<br>| 14085 | 503639 |
| # | Itoki Corp. | 29353 | 473484 |
|  | IwaiCosmo Holdings, <br> Inc.<br>| 15200 | 277656 |
|  | Iwaki Co. Ltd. | 9600 | 158610 |
|  | Iwatani Corp. | 116000 | 1207647 |
|  | Iwatsuka <br> Confectionery Co. <br> Ltd.<br>| 2800 | 54242 |
|  | Iyogin Holdings, Inc. | 73982 | 1156034 |
|  | Izumi Co. Ltd. | 13300 | 247933 |
|  | J Front Retailing Co. <br> Ltd.<br>| 92969 | 1398315 |
|  | J Trust Co. Ltd. | 43500 | 114386 |
|  | JAC Recruitment Co. <br> Ltd.<br>| 48800 | 321398 |
|  | Jaccs Co. Ltd. | 23600 | 617265 |
| \* | Jade Group, Inc. | 6300 | 66347 |
|  | JAFCO Group Co. <br> Ltd.<br>| 39400 | 615820 |
|  | JANOME Corp. | 12700 | 90867 |
|  | Japan Airlines Co. <br> Ltd.<br>| 48400 | 871945 |
|  | Japan Airport Terminal <br> Co. Ltd.<br>| 20800 | 646286 |
|  | Japan Aviation <br> Electronics Industry <br> Ltd.<br>| 38200 | 570511 |
|  | Japan Business <br> Systems, Inc.<br>| 8100 | 77728 |
| # | Japan Cash Machine <br> Co. Ltd.<br>| 10000 | 64700 |
|  | Japan Electronic <br> Materials Corp.<br>| 7900 | 223531 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Japan Elevator <br> Service Holdings <br> Co. Ltd.<br>| 57200 | $673366 |
|  | Japan Engine Corp. | 1800 | 149293 |
|  | Japan Exchange <br> Group, Inc.<br>| 157000 | 1750732 |
|  | Japan Investment <br> Adviser Co. Ltd.<br>| 1100 | 12607 |
|  | Japan Lifeline Co. <br> Ltd.<br>| 37400 | 355003 |
|  | Japan Material Co. <br> Ltd.<br>| 16100 | 201153 |
|  | Japan Post Holdings <br> Co. Ltd.<br>| 36300 | 340169 |
|  | Japan Post Insurance <br> Co. Ltd.<br>| 18100 | 468108 |
|  | Japan Property <br> Management <br> Center Co. Ltd.<br>| 4400 | 35765 |
|  | Japan Pulp & Paper <br> Co. Ltd.<br>| 97600 | 457972 |
|  | Japan Securities <br> Finance Co. Ltd.<br>| 47900 | 550062 |
|  | Japan Steel Works <br> Ltd.<br>| 5400 | 353663 |
|  | Japan System <br> Techniques Co. <br> Ltd.<br>| 6800 | 94217 |
|  | Japan Tobacco, Inc. | 56200 | 1957608 |
|  | Japan Transcity Corp. | 35900 | 267056 |
|  | Japan Wool Textile <br> Co. Ltd.<br>| 46500 | 490482 |
|  | JBCC Holdings, Inc. | 60400 | 506539 |
|  | JCU Corp. | 16700 | 492551 |
| # | JDC Corp. | 25400 | 88615 |
|  | Jeol Ltd. | 24000 | 806572 |
|  | JFE Holdings, Inc. | 129560 | 1484785 |
|  | JFE Systems, Inc. | 5000 | 60832 |
|  | JGC Holdings Corp. | 83000 | 839502 |
|  | Jichodo Co. Ltd. | 700 | 42363 |
|  | JINS Holdings, Inc. | 5300 | 267405 |
| # | JINUSHI Co. Ltd. | 10000 | 188145 |
|  | JK Holdings Co. Ltd. | 16800 | 137344 |
|  | J-Lease Co. Ltd. | 4200 | 40991 |
|  | JM Holdings Co. Ltd. | 23200 | 226810 |
|  | JMS Co. Ltd. | 6600 | 18409 |
|  | J-Oil Mills, Inc. | 18582 | 243242 |
|  | Joshin Denki Co. Ltd. | 20101 | 348039 |
|  | Joyful Honda Co. Ltd. | 11900 | 157398 |
| # | JP-Holdings, Inc. | 44900 | 173064 |
|  | JSP Corp. | 15801 | 193298 |
|  | JTEKT Corp. | 97400 | 974394 |
| #\* | Juki Corp. | 28400 | 81435 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Juroku Financial <br> Group, Inc.<br>| 12800 | $466177 |
|  | Justsystems Corp. | 13000 | 419870 |
|  | JVCKenwood Corp. | 146001 | 1169801 |
|  | K&O Energy Group, <br> Inc.<br>| 13458 | 303392 |
|  | Kadokawa Corp. | 3153 | 70784 |
|  | Kadoya Sesame Mills, <br> Inc.<br>| 1700 | 42057 |
|  | Kaga Electronics Co. <br> Ltd.<br>| 37400 | 866046 |
| # | Kagome Co. Ltd. | 3700 | 63924 |
|  | Kajima Corp. | 17222 | 555183 |
|  | Kakaku.com, Inc. | 37800 | 671990 |
|  | Kaken Pharmaceutical <br> Co. Ltd.<br>| 5000 | 118927 |
|  | Kakiyasu Honten Co. <br> Ltd.<br>| 2700 | 45695 |
|  | Kamakura Shinsho <br> Ltd.<br>| 6500 | 24381 |
|  | Kameda Seika Co. <br> Ltd.<br>| 1800 | 44870 |
|  | Kamei Corp. | 19600 | 370745 |
|  | Kamigumi Co. Ltd. | 21600 | 648393 |
| # | Kanaden Corp. | 14900 | 202282 |
|  | Kanadevia Corp. | 190240 | 1409617 |
| # | Kanagawa Chuo <br> Kotsu Co. Ltd.<br>| 2600 | 59169 |
|  | Kanamic Network Co. <br> Ltd.<br>| 11800 | 36799 |
|  | Kanamoto Co. Ltd. | 35275 | 821560 |
|  | Kandenko Co. Ltd. | 75400 | 2304387 |
|  | Kaneka Corp. | 33100 | 913215 |
|  | Kaneko Seeds Co. <br> Ltd.<br>| 5700 | 61229 |
|  | Kanematsu Corp. | 80300 | 1625741 |
|  | Kanemi Co. Ltd. | 1400 | 30099 |
| # | Kanro, Inc. | 12000 | 113093 |
|  | Kansai Paint Co. Ltd. | 48200 | 773629 |
|  | Kanto Denka Kogyo <br> Co. Ltd.<br>| 45405 | 306358 |
|  | Kao Corp. | 21800 | 922568 |
| # | Kappa Create Co. <br> Ltd.<br>| 5200 | 50238 |
|  | Katakura Industries <br> Co. Ltd.<br>| 22400 | 386138 |
|  | Katitas Co. Ltd. | 18723 | 304380 |
|  | Kato Sangyo Co. Ltd. | 19100 | 733181 |
|  | Kato Works Co. Ltd. | 9900 | 88966 |
|  | Kawada Technologies, <br> Inc.<br>| 12500 | 327521 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Kawai Musical <br> Instruments <br> Manufacturing Co. <br> Ltd.<br>| 6792 | $114209 |
|  | Kawasaki Heavy <br> Industries Ltd.<br>| 11200 | 896858 |
| # | Kawasaki Kisen <br> Kaisha Ltd.<br>| 45291 | 648909 |
|  | KDDI Corp. | 448600 | 7150840 |
| # | KeePer Technical <br> Laboratory Co. Ltd.<br>| 8300 | 197716 |
|  | Keihan Holdings Co. <br> Ltd.<br>| 16300 | 330228 |
|  | KEIWA, Inc. | 20200 | 151170 |
|  | Keiyo Bank Ltd. | 98900 | 834383 |
|  | Kenko Mayonnaise <br> Co. Ltd.<br>| 9896 | 116850 |
|  | Kewpie Corp. | 22377 | 620906 |
|  | KH Neochem Co. Ltd. | 16300 | 291492 |
| # | Kibun Foods, Inc. | 14500 | 101067 |
|  | Kimura Chemical <br> Plants Co. Ltd.<br>| 18500 | 128555 |
|  | Kimura Unity Co. Ltd. | 13200 | 72019 |
|  | Kinden Corp. | 16500 | 660943 |
| # | King Jim Co. Ltd. | 5300 | 28872 |
|  | Kirin Holdings Co. <br> Ltd.<br>| 16780 | 235972 |
|  | Kissei Pharmaceutical <br> Co. Ltd.<br>| 17800 | 464831 |
|  | Ki-Star Real Estate <br> Co. Ltd.<br>| 11300 | 383604 |
|  | Kitagawa Corp. | 5800 | 60697 |
| # | Kita-Nippon Bank Ltd. | 6400 | 156438 |
|  | Kitano Construction <br> Corp.<br>| 12800 | 109368 |
|  | Kitz Corp. | 126100 | 1413654 |
|  | Kiyo Bank Ltd. | 64133 | 1249099 |
| #\* | KNT-CT Holdings Co. <br> Ltd.<br>| 7652 | 74106 |
|  | Koa Corp. | 22600 | 200821 |
|  | Koa Shoji Holdings <br> Co. Ltd.<br>| 14200 | 71987 |
| # | Koatsu Gas Kogyo <br> Co. Ltd.<br>| 21000 | 139967 |
| # | Kobe Bussan Co. Ltd. | 35400 | 821425 |
|  | Kobe Steel Ltd. | 272680 | 3209271 |
|  | Koei Tecmo Holdings <br> Co. Ltd.<br>| 19800 | 266507 |
|  | Kohnan Shoji Co. Ltd. | 33100 | 801359 |
|  | Kohsoku Corp. | 4000 | 74119 |
|  | Koike Sanso Kogyo <br> Co. Ltd.<br>| 1200 | 12425 |
|  | Koito Manufacturing <br> Co. Ltd.<br>| 16900 | 251645 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Kojima Co. Ltd. | 1300 | $9276 |
|  | Kokuyo Co. Ltd. | 23600 | 135426 |
|  | Komatsu Ltd. | 57900 | 1936810 |
| # | Komatsu Matere Co. <br> Ltd.<br>| 24900 | 138722 |
|  | Komatsu Wall Industry <br> Co. Ltd.<br>| 14700 | 237110 |
|  | KOMEDA Holdings <br> Co. Ltd.<br>| 30500 | 574629 |
| # | Komehyo Holdings <br> Co. Ltd.<br>| 7900 | 153451 |
|  | Komeri Co. Ltd. | 21427 | 445777 |
|  | Komori Corp. | 30511 | 286544 |
|  | Konami Group Corp. | 9800 | 1632045 |
| # | Kondotec, Inc. | 17600 | 191734 |
|  | Konica Minolta, Inc. | 115100 | 395247 |
|  | Konishi Co. Ltd. | 54700 | 437816 |
|  | Konoike Transport Co. <br> Ltd.<br>| 24700 | 510855 |
| # | Konoshima Chemical <br> Co. Ltd.<br>| 9100 | 87228 |
| # | Kosaido Holdings Co. <br> Ltd.<br>| 31000 | 85202 |
|  | Kose Corp. | 600 | 22986 |
|  | Koshidaka Holdings <br> Co. Ltd.<br>| 29600 | 226430 |
| # | Kotobuki Spirits Co. <br> Ltd.<br>| 45400 | 544307 |
| #\* | Kourakuen Corp. | 3300 | 22049 |
|  | Kozo Keikaku <br> Engineering <br> Holdings, Inc.<br>| 6400 | 131716 |
|  | KPP Group Holdings <br> Co. Ltd.<br>| 67200 | 331955 |
|  | Kraftia Corp. | 24000 | 1269549 |
|  | Krosaki Harima Corp. | 24000 | 643610 |
|  | KRS Corp. | 10500 | 198260 |
|  | K's Holdings Corp. | 92020 | 912220 |
|  | KU Holdings Co. Ltd. | 20000 | 152746 |
|  | Kubota Corp. (6326 <br> JP)<br>| 42600 | 551549 |
| # | Kumagai Gumi Co. <br> Ltd.<br>| 62528 | 567729 |
| # | Kumiai Chemical <br> Industry Co. Ltd.<br>| 11274 | 49875 |
|  | Kurabo Industries Ltd. | 13300 | 604743 |
|  | Kuraray Co. Ltd. | 203600 | 2206322 |
| # | Kureha Corp. | 18900 | 451823 |
| # | Kurimoto Ltd. | 41500 | 465971 |
|  | Kurita Water <br> Industries Ltd.<br>| 17400 | 659181 |
|  | Kuriyama Holdings <br> Corp.<br>| 11200 | 120574 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Kusuri No. Aoki <br> Holdings Co. Ltd.<br>| 24900 | $630937 |
|  | KYB Corp. | 30200 | 765839 |
|  | Kyocera Corp. | 140840 | 1868862 |
|  | Kyodo Printing Co. <br> Ltd.<br>| 16300 | 158518 |
|  | Kyoei Steel Ltd. | 19200 | 285836 |
| # | Kyokuto Boeki Kaisha <br> Ltd.<br>| 11000 | 127084 |
|  | Kyokuto Kaihatsu <br> Kogyo Co. Ltd.<br>| 25300 | 423386 |
|  | Kyokuto Securities <br> Co. Ltd.<br>| 13401 | 132394 |
|  | Kyokuyo Co. Ltd. | 13800 | 426614 |
|  | Kyorin Pharmaceutical <br> Co. Ltd.<br>| 39900 | 363698 |
|  | Kyoritsu Maintenance <br> Co. Ltd.<br>| 27000 | 525470 |
| # | Kyosan Electric <br> Manufacturing Co. <br> Ltd.<br>| 24000 | 82202 |
|  | Kyoto Financial <br> Group, Inc.<br>| 41100 | 832619 |
| # | Kyowa Electronic <br> Instruments Co. <br> Ltd.<br>| 4800 | 21596 |
|  | Kyowa Kirin Co. Ltd. | 12000 | 185808 |
|  | Kyowa Leather Cloth <br> Co. Ltd.<br>| 7300 | 41293 |
|  | Kyushu Financial <br> Group, Inc.<br>| 161580 | 926076 |
|  | Kyushu Leasing <br> Service Co. Ltd.<br>| 1900 | 16335 |
|  | LA Holdings Co. Ltd. | 2600 | 126649 |
| # | Lacto Japan Co. Ltd. | 7300 | 163442 |
| # | Lasertec Corp. | 3600 | 730916 |
|  | LEC, Inc. | 19300 | 127681 |
|  | Leopalace21 Corp. | 105700 | 431661 |
|  | Life Corp. | 33600 | 527129 |
| # | Lifedrink Co., Inc. | 23600 | 307089 |
|  | LIFULL Co. Ltd. | 57200 | 71244 |
| # | LIKE, Inc. | 7300 | 71009 |
|  | Link & Motivation, <br> Inc.<br>| 20000 | 63819 |
|  | Lintec Corp. | 13500 | 343092 |
|  | Lion Corp. | 23900 | 235511 |
|  | Lixil Corp. | 85500 | 947646 |
| # | Look Holdings, Inc. | 5800 | 99449 |
| \* | Luckland Co. Ltd. | 3000 | 22710 |
|  | LY Corp. | 130800 | 384358 |
|  | M&A Capital Partners <br> Co. Ltd.<br>| 700 | 13366 |
|  | M3, Inc. | 19700 | 276093 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Mabuchi Motor Co. <br> Ltd.<br>| 41600 | $734906 |
|  | Macnica Holdings, <br> Inc.<br>| 79950 | 1138227 |
|  | Maeda Kosen Co. <br> Ltd.<br>| 25800 | 322330 |
| # | Maezawa Industries, <br> Inc.<br>| 16500 | 205777 |
|  | Maezawa Kasei <br> Industries Co. Ltd.<br>| 11300 | 152743 |
| # | Maezawa Kyuso <br> Industries Co. Ltd.<br>| 13500 | 125457 |
|  | Makino Milling <br> Machine Co. Ltd.<br>| 13489 | 979966 |
|  | Makita Corp. (6586 <br> JP)<br>| 3343 | 101063 |
| # | Makita Corp. (MKTAY <br> US), Sponsored <br> ADR<br>| 2776 | 89484 |
|  | Mamiya-Op Co. Ltd. | 8000 | 97790 |
| # | Mammy Mart Holdings <br> Corp.<br>| 6000 | 61465 |
| # | Management <br> Solutions Co. Ltd.<br>| 2400 | 20833 |
|  | Mandom Corp. | 35407 | 557066 |
|  | Mani, Inc. | 19800 | 189419 |
|  | Mars Group Holdings <br> Corp.<br>| 14180 | 282199 |
|  | Marubeni Corp. | 41200 | 1012532 |
| # | Marubun Corp. | 17900 | 137700 |
| # | Maruchiyo Yamaokaya <br> Corp.<br>| 5600 | 97374 |
|  | Marudai Food Co. <br> Ltd.<br>| 14900 | 181142 |
|  | Maruha Nichiro Corp. | 31068 | 694476 |
|  | Marui Group Co. Ltd. | 31300 | 600282 |
|  | Maruichi Steel Tube <br> Ltd.<br>| 77100 | 651903 |
|  | MARUKA FURUSATO <br> Corp.<br>| 12669 | 185538 |
| # | Marumae Co. Ltd. | 3100 | 43394 |
| # | Marusan Securities <br> Co. Ltd.<br>| 24510 | 147514 |
|  | Maruwa Co. Ltd. | 4300 | 1215769 |
|  | Maruzen Co. Ltd. | 5586 | 125912 |
|  | Maruzen Showa Unyu <br> Co. Ltd.<br>| 13300 | 598480 |
|  | Matsuda Sangyo Co. <br> Ltd.<br>| 13700 | 367867 |
| # | Matsui Construction <br> Co. Ltd.<br>| 13500 | 120886 |
|  | MatsukiyoCocokara & <br> Co.<br>| 40780 | 738836 |
|  | Matsuoka Corp. | 4400 | 64330 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Matsuyafoods <br> Holdings Co. Ltd.<br>| 4600 | $174601 |
|  | Max Co. Ltd. | 5200 | 188489 |
|  | Maxell Ltd. | 39000 | 565340 |
|  | Maxvalu Tokai Co. <br> Ltd.<br>| 7900 | 179087 |
|  | Mazda Motor Corp. | 119400 | 822768 |
|  | McDonald's Holdings <br> Co. Japan Ltd.<br>| 16600 | 649391 |
|  | MCJ Co. Ltd. | 52900 | 499007 |
|  | Mebuki Financial <br> Group, Inc.<br>| 385923 | 2408011 |
|  | MEC Co. Ltd. | 5200 | 153400 |
| # | Medical System <br> Network Co. Ltd.<br>| 30255 | 96457 |
|  | Medikit Co. Ltd. | 2800 | 49177 |
|  | Medipal Holdings <br> Corp.<br>| 39800 | 647562 |
| # | Medius Holdings Co. <br> Ltd.<br>| 7000 | 36261 |
|  | Megachips Corp. | 1100 | 57655 |
|  | Megmilk Snow Brand <br> Co. Ltd.<br>| 38757 | 710828 |
|  | Meidensha Corp. | 32100 | 1271258 |
| # | Meiji Electric <br> Industries Co. Ltd.<br>| 6100 | 91926 |
|  | MEIJI Holdings Co. <br> Ltd.<br>| 2000 | 38500 |
| # | Meiji Shipping Group <br> Co. Ltd.<br>| 17800 | 80822 |
|  | Meiko Electronics Co. <br> Ltd.<br>| 21000 | 1381137 |
|  | Meisei Industrial Co. <br> Ltd.<br>| 33800 | 361683 |
|  | MEITEC Group <br> Holdings, Inc.<br>| 38700 | 793294 |
| # | Meito Co. Ltd. | 7200 | 99599 |
|  | Meiwa Corp. | 23700 | 121784 |
|  | Meiwa Estate Co. <br> Ltd.<br>| 19300 | 133892 |
| # | Menicon Co. Ltd. | 11200 | 87316 |
| \* | Mercari, Inc. | 11300 | 167561 |
|  | METAWATER Co. <br> Ltd.<br>| 13400 | 287611 |
|  | Micronics Japan Co. <br> Ltd.<br>| 12100 | 713682 |
| # | Midac Holdings Co. <br> Ltd.<br>| 5600 | 67324 |
| # | Mie Kotsu Group <br> Holdings, Inc.<br>| 75035 | 261756 |
| # | Mikuni Corp. | 9300 | 23180 |
|  | MIMAKI <br> ENGINEERING Co. <br> Ltd.<br>| 14700 | 162020 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Minebea Mitsumi, Inc. | 56439 | $1115447 |
| # | Mirai Industry Co. <br> Ltd.<br>| 6700 | 144849 |
|  | Mirait One Corp. | 39610 | 767535 |
|  | Mirarth Holdings, Inc. | 13200 | 32537 |
|  | Miroku Jyoho Service <br> Co. Ltd.<br>| 4900 | 56011 |
|  | MISUMI Group, Inc. | 11300 | 176179 |
|  | Mitani Corp. | 32000 | 482645 |
|  | Mitani Sangyo Co. <br> Ltd.<br>| 22200 | 71817 |
|  | Mitani Sekisan Co. <br> Ltd.<br>| 5300 | 258982 |
| # | Mito Securities Co. <br> Ltd.<br>| 48000 | 159398 |
|  | Mitsuba Corp. | 43259 | 262950 |
|  | Mitsubishi Chemical <br> Group Corp.<br>| 527880 | 2757421 |
|  | Mitsubishi Corp. | 160000 | 3842024 |
|  | Mitsubishi Electric <br> Corp.<br>| 76200 | 2163515 |
|  | Mitsubishi Estate Co. <br> Ltd.<br>| 27800 | 589134 |
|  | Mitsubishi Gas <br> Chemical Co., Inc.<br>| 50891 | 941532 |
|  | Mitsubishi HC Capital, <br> Inc.<br>| 561770 | 4394540 |
|  | Mitsubishi Heavy <br> Industries Ltd.<br>| 32500 | 981164 |
|  | Mitsubishi Kakoki <br> Kaisha Ltd.<br>| 17700 | 377294 |
|  | Mitsubishi Logisnext <br> Co. Ltd.<br>| 40900 | 407290 |
|  | Mitsubishi Logistics <br> Corp.<br>| 91495 | 663433 |
|  | Mitsubishi Materials <br> Corp.<br>| 49380 | 950754 |
|  | Mitsubishi Motors <br> Corp.<br>| 154600 | 376748 |
|  | Mitsubishi Paper Mills <br> Ltd.<br>| 17200 | 68056 |
| # | Mitsubishi Pencil Co. <br> Ltd.<br>| 12350 | 163821 |
|  | Mitsubishi Research <br> Institute, Inc.<br>| 7800 | 246607 |
|  | Mitsubishi Steel <br> Manufacturing Co. <br> Ltd.<br>| 6700 | 81451 |
|  | Mitsubishi UFJ <br> Financial Group, <br> Inc. (8306 JP)<br>| 468400 | 7075307 |
|  | Mitsuboshi Belting <br> Ltd.<br>| 11600 | 279311 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Mitsui & Co. Ltd. <br> (8031 JP)<br>| 58400 | $1436151 |
|  | Mitsui Chemicals, Inc. | 67600 | 1595965 |
|  | Mitsui DM Sugar Co. <br> Ltd.<br>| 13699 | 269781 |
|  | Mitsui E&S Co. Ltd. | 87000 | 3536983 |
|  | Mitsui Fudosan Co. <br> Ltd.<br>| 32400 | 337362 |
|  | Mitsui High-Tec, Inc. | 57500 | 286783 |
|  | Mitsui Kinzoku Co. <br> Ltd.<br>| 55200 | 5622534 |
| # | Mitsui Matsushima <br> Holdings Co. Ltd.<br>| 77000 | 646689 |
| # | Mitsui OSK Lines Ltd. | 36600 | 1087445 |
|  | Mitsui-Soko Holdings <br> Co. Ltd.<br>| 84900 | 2228053 |
|  | Mitsuuroko Group <br> Holdings Co. Ltd.<br>| 30400 | 415355 |
|  | MIXI, Inc. | 6800 | 137222 |
| # | Miyaji Engineering <br> Group, Inc.<br>| 23200 | 297303 |
|  | Miyazaki Bank Ltd. | 15300 | 460085 |
|  | Miyoshi Oil & Fat Co. <br> Ltd.<br>| 11155 | 159172 |
|  | Mizuho Financial <br> Group, Inc. (8411 <br> JP)<br>| 168905 | 5657551 |
|  | Mizuho Leasing Co. <br> Ltd.<br>| 129000 | 1033452 |
|  | Mizuho Medy Co. Ltd. | 8100 | 85666 |
|  | Mizuno Corp. | 46800 | 844276 |
|  | Mochida <br> Pharmaceutical Co. <br> Ltd.<br>| 12575 | 240224 |
|  | Monogatari Corp. | 15300 | 382538 |
|  | MonotaRO Co. Ltd. | 37600 | 524599 |
|  | Morinaga & Co. Ltd. | 48600 | 837415 |
|  | Morinaga Milk Industry <br> Co. Ltd.<br>| 63600 | 1372876 |
|  | Moriroku Co. Ltd. | 12500 | 190144 |
|  | Morita Holdings Corp. | 24700 | 373421 |
|  | Morito Co. Ltd. | 13100 | 138005 |
|  | Morozoff Ltd. | 7900 | 78125 |
| # | Mory Industries, Inc. | 24000 | 149417 |
|  | MrMax Holdings Ltd. | 15500 | 77443 |
|  | MS&AD Insurance <br> Group Holdings, <br> Inc.<br>| 118246 | 2437577 |
|  | Mugen Estate Co. <br> Ltd.<br>| 10200 | 134659 |
|  | m-up Holdings, Inc. | 14700 | 183647 |
|  | Murakami Corp. | 4800 | 210765 |
|  | Murata Manufacturing <br> Co. Ltd.<br>| 57900 | 1248377 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Musashi Co. Ltd. | 900 | $13564 |
|  | Musashi Seimitsu <br> Industry Co. Ltd.<br>| 44200 | 997155 |
|  | Musashino Bank Ltd. | 23200 | 624140 |
|  | Muto Seiko Co. | 5800 | 63319 |
| # | NAC Co. Ltd. | 7400 | 25089 |
| # | Nachi-Fujikoshi Corp. | 12926 | 330652 |
| # | Nafco Co. Ltd. | 6400 | 82961 |
|  | Nagano Keiki Co. Ltd. | 18700 | 284459 |
|  | Nagase & Co. Ltd. | 52400 | 1144323 |
|  | Nagase Brothers, Inc. | 6100 | 88807 |
| # | Nakakita Seisakusho <br> Co. Ltd.<br>| 900 | 36425 |
|  | Nakamoto Packs Co. <br> Ltd.<br>| 4500 | 52913 |
| # | Nakamuraya Co. Ltd. | 2008 | 39616 |
|  | Nakanishi, Inc. | 6000 | 79441 |
| # | Nakano Corp. | 5600 | 34662 |
| # | Nakayama Steel <br> Works Ltd.<br>| 29400 | 117491 |
|  | Namura Shipbuilding <br> Co. Ltd.<br>| 34900 | 1183671 |
|  | Nanto Bank Ltd. | 16653 | 553870 |
|  | Nanyo Corp. | 13400 | 116663 |
|  | Narasaki Sangyo Co. <br> Ltd.<br>| 2400 | 53037 |
|  | Natori Co. Ltd. | 3800 | 47943 |
|  | NCD Co. <br> Ltd./Shinagawa<br>| 2900 | 50299 |
| \* | NE, Inc. | 3500 | 18169 |
|  | NEC Capital Solutions <br> Ltd.<br>| 15100 | 373091 |
|  | NEC Corp. | 46000 | 1670722 |
|  | Neturen Co. Ltd. | 17300 | 133729 |
|  | New Art Holdings Co. <br> Ltd.<br>| 7369 | 68515 |
|  | New Cosmos Electric <br> Co. Ltd.<br>| 900 | 25945 |
| # | Nextage Co. Ltd. | 37600 | 565008 |
|  | NF Holdings Corp. | 2400 | 19370 |
|  | NGK Insulators Ltd. | 85100 | 1435769 |
|  | NH Foods Ltd. | 25000 | 923319 |
|  | NHK Spring Co. Ltd. | 122769 | 2301656 |
| # | Nicca Chemical Co. <br> Ltd.<br>| 6100 | 57374 |
|  | Nichias Corp. | 42039 | 1568654 |
| # | Nichiban Co. Ltd. | 9200 | 114028 |
|  | Nichicon Corp. | 33300 | 334112 |
|  | Nichiden Corp. | 6800 | 109461 |
|  | Nichiha Corp. | 21900 | 389531 |
|  | Nichimo Co. Ltd. | 5100 | 82422 |
|  | Nichirei Corp. | 76000 | 899640 |
| # | Nichireki Group Co. <br> Ltd.<br>| 25300 | 397960 |
|  | Nichirin Co. Ltd. | 13920 | 323917 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nifco, Inc. | 26000 | $753468 |
|  | Nihon Dempa Kogyo <br> Co. Ltd.<br>| 20101 | 146812 |
|  | Nihon Dengi Co. Ltd. | 4400 | 156155 |
|  | Nihon Denkei Co. <br> Ltd.<br>| 6600 | 87196 |
|  | Nihon Flush Co. Ltd. | 9100 | 47711 |
| # | Nihon House Holdings <br> Co. Ltd.<br>| 20226 | 38937 |
|  | Nihon Kagaku Sangyo <br> Co. Ltd.<br>| 10600 | 153684 |
|  | Nihon M&A Center <br> Holdings, Inc.<br>| 44900 | 211469 |
|  | Nihon Nohyaku Co. <br> Ltd.<br>| 32900 | 184106 |
|  | Nihon Parkerizing Co. <br> Ltd.<br>| 33406 | 290154 |
|  | Nihon Tokushu Toryo <br> Co. Ltd.<br>| 11600 | 157008 |
|  | Nihon Trim Co. Ltd. | 700 | 21853 |
|  | Nihon Yamamura <br> Glass Co. Ltd.<br>| 5000 | 86408 |
|  | Nikkiso Co. Ltd. | 41734 | 407993 |
| # | Nikko Co. Ltd. | 26600 | 131903 |
|  | Nikkon Holdings Co. <br> Ltd.<br>| 94000 | 2120081 |
|  | Nikon Corp. | 96000 | 1119617 |
|  | Nippi, Inc. | 1599 | 130647 |
|  | Nippn Corp. | 40900 | 581477 |
|  | Nippon Air <br> Conditioning <br> Services Co. Ltd.<br>| 16100 | 136888 |
|  | Nippon Aqua Co. Ltd. | 9500 | 57566 |
| # | Nippon Beet Sugar <br> Manufacturing Co. <br> Ltd.<br>| 9200 | 178321 |
|  | Nippon Carbide <br> Industries Co., Inc.<br>| 9100 | 125268 |
| # | Nippon Carbon Co. <br> Ltd.<br>| 8754 | 246188 |
|  | Nippon Care Supply <br> Co. Ltd.<br>| 100 | 1573 |
|  | Nippon Chemical <br> Industrial Co. Ltd.<br>| 6100 | 110719 |
| \* | Nippon Chemi-Con <br> Corp.<br>| 23818 | 240356 |
| #\* | Nippon Coke & <br> Engineering Co. <br> Ltd.<br>| 87400 | 53760 |
| # | Nippon Concrete <br> Industries Co. Ltd.<br>| 32900 | 68873 |
|  | Nippon Denko Co. <br> Ltd.<br>| 95873 | 209259 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nippon Densetsu <br> Kogyo Co. Ltd.<br>| 20000 | $373116 |
|  | Nippon Dry-Chemical <br> Co. Ltd.<br>| 5400 | 295043 |
|  | Nippon Electric Glass <br> Co. Ltd.<br>| 38500 | 1296173 |
|  | Nippon Express <br> Holdings, Inc.<br>| 108000 | 2297730 |
| # | Nippon Fine Chemical <br> Co. Ltd.<br>| 9700 | 156270 |
|  | Nippon Gas Co. Ltd. | 68400 | 1309418 |
|  | Nippon Hume Corp. | 16100 | 324564 |
|  | Nippon Kayaku Co. <br> Ltd.<br>| 59900 | 547750 |
|  | Nippon Kodoshi Corp. | 4200 | 74121 |
|  | Nippon Light Metal <br> Holdings Co. Ltd.<br>| 62130 | 904754 |
|  | Nippon Paint Holdings <br> Co. Ltd.<br>| 62700 | 398836 |
|  | Nippon Paper <br> Industries Co. Ltd.<br>| 91219 | 682454 |
|  | Nippon Parking <br> Development Co. <br> Ltd.<br>| 127800 | 223946 |
|  | Nippon Rietec Co. <br> Ltd.<br>| 11303 | 150829 |
|  | Nippon Sanso <br> Holdings Corp.<br>| 44100 | 1464641 |
|  | Nippon Seiki Co. Ltd. | 46100 | 532709 |
|  | Nippon Seisen Co. <br> Ltd.<br>| 11000 | 78926 |
| \* | Nippon Sheet Glass <br> Co. Ltd.<br>| 127900 | 478521 |
|  | Nippon Shinyaku Co. <br> Ltd.<br>| 19400 | 405917 |
|  | Nippon Shokubai Co. <br> Ltd.<br>| 42000 | 486626 |
|  | Nippon Signal Co. <br> Ltd.<br>| 28976 | 236929 |
|  | Nippon Soda Co. Ltd. | 32400 | 718273 |
|  | Nippon Steel Corp. | 633750 | 2612335 |
|  | Nippon Television <br> Holdings, Inc.<br>| 1200 | 29115 |
|  | Nippon Thompson Co. <br> Ltd.<br>| 45500 | 197023 |
|  | Nippon Yakin Kogyo <br> Co. Ltd.<br>| 19100 | 529200 |
|  | Nippon Yusen KK | 55663 | 1922229 |
|  | Nipro Corp. | 112700 | 1100104 |
|  | Nishikawa Rubber Co. <br> Ltd.<br>| 20400 | 375466 |
|  | Nishimatsuya Chain <br> Co. Ltd.<br>| 7100 | 94998 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nishi-Nippon Financial <br> Holdings, Inc.<br>| 81600 | $1394403 |
|  | Nishio Holdings Co. <br> Ltd.<br>| 23216 | 660465 |
|  | Nissan Chemical <br> Corp.<br>| 42600 | 1439269 |
| # | Nissan Shatai Co. <br> Ltd.<br>| 46799 | 311581 |
|  | Nissan Tokyo Sales <br> Holdings Co. Ltd.<br>| 48200 | 157087 |
|  | Nissei ASB Machine <br> Co. Ltd.<br>| 6200 | 274620 |
| # | Nissei Plastic <br> Industrial Co. Ltd.<br>| 5700 | 31411 |
|  | Nissha Co. Ltd. | 32400 | 281494 |
|  | Nisshin Group <br> Holdings Co. Ltd.<br>| 28100 | 109741 |
|  | Nisshin Oillio Group <br> Ltd.<br>| 23200 | 766555 |
|  | Nisshin Seifun Group, <br> Inc.<br>| 21300 | 240807 |
|  | Nisshinbo Holdings, <br> Inc.<br>| 68808 | 543775 |
|  | Nisso Holdings Co. <br> Ltd.<br>| 10600 | 44223 |
|  | Nissui Corp. | 226400 | 1577332 |
|  | Niterra Co. Ltd. | 69100 | 2834695 |
|  | Nitta Corp. | 16604 | 435233 |
|  | Nitta Gelatin, Inc. | 16200 | 104075 |
|  | NITTAN Corp. | 8300 | 35848 |
|  | Nittetsu Mining Co. <br> Ltd.<br>| 57000 | 624315 |
|  | Nitto Denko Corp. | 132400 | 3297402 |
|  | Nitto Fuji Flour Milling <br> Co. Ltd.<br>| 2600 | 117150 |
|  | Nitto Kogyo Corp. | 25500 | 610657 |
|  | Nitto Kohki Co. Ltd. | 3700 | 41088 |
|  | Nitto Seiko Co. Ltd. | 24300 | 108507 |
|  | Nittoc Construction <br> Co. Ltd.<br>| 27600 | 219200 |
| # | Nittoku Co. Ltd. | 9400 | 148525 |
|  | Noevir Holdings Co. <br> Ltd.<br>| 1685 | 47819 |
|  | NOF Corp. | 16000 | 284713 |
|  | Nohmi Bosai Ltd. | 2700 | 66387 |
| # | Nojima Corp. | 186900 | 1380037 |
|  | NOK Corp. | 45500 | 807922 |
|  | Nomura Holdings, Inc. <br> (8604 JP)<br>| 120000 | 856332 |
|  | Nomura Holdings, Inc. <br> (NMR US), <br> Sponsored ADR<br>| 8048 | 57302 |
|  | Nomura Micro <br> Science Co. Ltd.<br>| 900 | 22928 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nomura Real Estate <br> Holdings, Inc.<br>| 157500 | $899462 |
|  | Nomura Research <br> Institute Ltd.<br>| 82500 | 3185577 |
|  | Noritake Co. Ltd. | 18800 | 588878 |
|  | Noritsu Koki Co. Ltd. | 48600 | 527556 |
|  | Noritz Corp. | 30238 | 392626 |
|  | North Pacific Bank <br> Ltd.<br>| 127900 | 598999 |
|  | NPR-RIKEN Corp. | 25424 | 514788 |
| # | NS Solutions Corp. | 10400 | 262047 |
| # | NS Tool Co. Ltd. | 10600 | 52628 |
|  | NS United Kaiun <br> Kaisha Ltd.<br>| 14200 | 507667 |
|  | NSD Co. Ltd. | 28480 | 608493 |
|  | NSK Ltd. | 82093 | 413667 |
|  | NSW, Inc. | 8700 | 140155 |
|  | NTN Corp. | 469231 | 1047583 |
|  | Oat Agrio Co. Ltd. | 4300 | 61130 |
|  | Obara Group, Inc. | 8100 | 220217 |
|  | Obayashi Corp. | 35600 | 602261 |
|  | Odawara Engineering <br> Co. Ltd.<br>| 2100 | 35158 |
| # | Oenon Holdings, Inc. | 42300 | 141526 |
|  | Ogaki Kyoritsu Bank <br> Ltd.<br>| 24000 | 574515 |
| # | Ohara, Inc. | 2700 | 19919 |
| # | Ohashi Technica, Inc. | 9700 | 128724 |
|  | Ohki Healthcare <br> Holdings Co. Ltd.<br>| 1200 | 10935 |
|  | Ohmoto Gumi Co. <br> Ltd.<br>| 4200 | 39281 |
|  | Ohsho Food Service <br> Corp.<br>| 3000 | 65571 |
|  | OIE Sangyo Co. Ltd. | 4100 | 57902 |
|  | Oiles Corp. | 19216 | 281478 |
|  | Oita Bank Ltd. | 10200 | 336655 |
|  | Oji Holdings Corp. | 238900 | 1205342 |
|  | Okabe Co. Ltd. | 32741 | 194815 |
| # | Okada Aiyon Corp. | 2400 | 31815 |
|  | Okamoto Industries, <br> Inc.<br>| 7100 | 232352 |
|  | Okamoto Machine <br> Tool Works Ltd.<br>| 5237 | 162866 |
|  | Okamura Corp. | 35100 | 513478 |
|  | Okasan Securities <br> Group, Inc.<br>| 66400 | 297571 |
|  | Oki Electric Industry <br> Co. Ltd.<br>| 133558 | 1595664 |
|  | Okinawa Cellular <br> Telephone Co.<br>| 32400 | 540129 |
|  | Okinawa Financial <br> Group, Inc.<br>| 16100 | 401239 |
|  | OKUMA Corp. | 35000 | 779196 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Okumura Corp. | 18900 | $599136 |
| # | Okura Industrial Co. <br> Ltd.<br>| 9000 | 289838 |
|  | Okuwa Co. Ltd. | 25200 | 135905 |
|  | Olympus Corp. | 123000 | 1513756 |
|  | Omron Corp. | 8700 | 242597 |
|  | Onamba Co. Ltd. | 400 | 3473 |
|  | One Career, Inc. | 3600 | 59354 |
|  | Ono Pharmaceutical <br> Co. Ltd.<br>| 4200 | 51254 |
| # | Onoken Co. Ltd. | 14500 | 129453 |
|  | Onward Holdings Co. <br> Ltd.<br>| 144800 | 607687 |
| # | Ootoya Holdings Co. <br> Ltd.<br>| 2100 | 76798 |
|  | Open House Group <br> Co. Ltd.<br>| 27500 | 1323381 |
|  | Optex Group Co. Ltd. | 24600 | 371363 |
| # | Optimus Group Co. <br> Ltd.<br>| 8300 | 18066 |
|  | Optorun Co. Ltd. | 2100 | 23122 |
|  | Oracle Corp. Japan | 8400 | 774395 |
|  | Organo Corp. | 10100 | 866774 |
|  | Orient Corp. | 16384 | 102397 |
|  | Oriental Shiraishi <br> Corp.<br>| 105700 | 291103 |
|  | ORIX Corp. (8591 <br> JP)<br>| 108300 | 2649238 |
| # | Osaka Organic <br> Chemical Industry <br> Ltd.<br>| 9200 | 228378 |
| # | Osaka Steel Co. Ltd. | 10300 | 173260 |
|  | Osaki Electric Co. <br> Ltd.<br>| 33900 | 274736 |
|  | OSG Corp. | 45400 | 658222 |
|  | Otsuka Corp. | 22600 | 446803 |
|  | Otsuka Holdings Co. <br> Ltd.<br>| 20400 | 1110249 |
|  | OUG Holdings, Inc. | 3500 | 87795 |
|  | Oval Corp. | 8600 | 36649 |
|  | Oyo Corp. | 16600 | 309776 |
| # | Ozu Corp. | 3900 | 43164 |
|  | Pacific Industrial Co. <br> Ltd.<br>| 44600 | 889441 |
| # | Pacific Metals Co. <br> Ltd.<br>| 17355 | 230522 |
|  | Pack Corp. | 35200 | 274269 |
|  | PAL GROUP Holdings <br> Co. Ltd.<br>| 79200 | 1019099 |
|  | PALTAC Corp. | 11650 | 343587 |
|  | Pan Pacific <br> International <br> Holdings Corp.<br>| 443000 | 2635233 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Panasonic Holdings <br> Corp.<br>| 207181 | $2407283 |
|  | Paramount Bed <br> Holdings Co. Ltd.<br>| 25286 | 579070 |
| # | Park24 Co. Ltd. | 44000 | 514214 |
|  | Parker Corp. | 10200 | 74067 |
|  | Pasona Group, Inc. | 17700 | 218871 |
|  | Pegasus Co. Ltd. | 23800 | 127160 |
|  | Penta-Ocean <br> Construction Co. <br> Ltd.<br>| 157800 | 1444658 |
|  | People Dreams & <br> Technologies Group <br> Co. Ltd.<br>| 7000 | 72817 |
| \* | PeptiDream, Inc. | 6100 | 61763 |
|  | Persol Holdings Co. <br> Ltd.<br>| 614500 | 1019373 |
| # | Pharma Foods <br> International Co. <br> Ltd.<br>| 4600 | 23736 |
|  | PHC Holdings Corp. | 22400 | 146421 |
| \* | PIA Corp. | 2900 | 56516 |
|  | Pickles Holdings Co. <br> Ltd.<br>| 4700 | 33508 |
| # | Pigeon Corp. | 8400 | 95017 |
|  | PILLAR Corp. | 21300 | 670768 |
|  | Pilot Corp. | 17100 | 516352 |
| # | Piolax, Inc. | 19113 | 212965 |
| # | Plus Alpha Consulting <br> Co. Ltd.<br>| 12200 | 187028 |
| # | Pole To Win Holdings, <br> Inc.<br>| 9800 | 21002 |
| # | Port, Inc. | 3400 | 43169 |
|  | Premium Group Co. <br> Ltd.<br>| 27600 | 353328 |
|  | Premium Water <br> Holdings, Inc.<br>| 2000 | 42972 |
| # | Press Kogyo Co. Ltd. | 97100 | 411521 |
|  | Prestige International, <br> Inc.<br>| 56900 | 244356 |
|  | Prima Meat Packers <br> Ltd.<br>| 27300 | 438546 |
|  | Procrea Holdings, <br> Inc.<br>| 7034 | 78989 |
| # | Pronexus, Inc. | 6000 | 42534 |
| # | Pro-Ship, Inc. | 10200 | 98707 |
|  | PS Construction Co. <br> Ltd.<br>| 25700 | 301416 |
|  | QB Net Holdings Co. <br> Ltd.<br>| 21008 | 184920 |
| # | Qol Holdings Co. Ltd. | 27800 | 350511 |
|  | Quick Co. Ltd. | 6500 | 99115 |
|  | Raito Kogyo Co. Ltd. | 26400 | 552495 |
|  | Raiznext Corp. | 22600 | 280795 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Raksul, Inc. | 22000 | $151044 |
| # | Rakumachi, Inc. | 2200 | 16946 |
|  | Rakus Co. Ltd. | 53400 | 431088 |
| \* | Rakuten Bank Ltd. | 8600 | 472031 |
| \* | Rakuten Group, Inc. | 3300 | 21589 |
|  | Rasa Corp. | 7200 | 77101 |
|  | Rasa Industries Ltd. | 12500 | 407268 |
|  | Recruit Holdings Co. <br> Ltd.<br>| 69900 | 3466197 |
|  | Relo Group, Inc. | 34200 | 368158 |
| # | Renaissance, Inc. | 7800 | 53163 |
|  | Renesas Electronics <br> Corp.<br>| 58500 | 722450 |
|  | Rengo Co. Ltd. | 138100 | 841088 |
| #\* | RENOVA, Inc. | 42200 | 226106 |
|  | Resona Holdings, Inc. | 210889 | 2033201 |
|  | Resonac Holdings <br> Corp.<br>| 85317 | 3323926 |
|  | Resorttrust, Inc. | 55800 | 657558 |
|  | Restar Corp. | 15600 | 260984 |
|  | Retail Partners Co. <br> Ltd.<br>| 4500 | 37593 |
|  | Rheon Automatic <br> Machinery Co. Ltd.<br>| 16600 | 155691 |
|  | Rhythm Co. Ltd. | 4800 | 104400 |
|  | Ricoh Co. Ltd. | 174700 | 1498713 |
|  | Ricoh Leasing Co. <br> Ltd.<br>| 17300 | 635344 |
| # | Ride On Express <br> Holdings Co. Ltd.<br>| 3200 | 20761 |
|  | Riken Keiki Co. Ltd. | 4799 | 109302 |
|  | Riken Technos Corp. | 39800 | 360759 |
|  | Riken Vitamin Co. <br> Ltd.<br>| 19000 | 344928 |
|  | Rinnai Corp. | 15300 | 346785 |
|  | Rion Co. Ltd. | 7300 | 118320 |
|  | Riso Kagaku Corp. | 2716 | 20588 |
|  | Rix Corp. | 1400 | 33817 |
| # | Rock Field Co. Ltd. | 5500 | 50619 |
| # | Rohm Co. Ltd. | 17200 | 275435 |
|  | Rohto Pharmaceutical <br> Co. Ltd.<br>| 14200 | 220243 |
| # | Rokko Butter Co. Ltd. | 9141 | 69595 |
|  | Roland Corp. | 2400 | 50843 |
|  | Rorze Corp. | 76000 | 1058330 |
|  | Round One Corp. | 111300 | 799157 |
|  | Royal Holdings Co. <br> Ltd.<br>| 18800 | 312223 |
|  | Ryobi Ltd. | 24700 | 440943 |
|  | RYODEN Corp. | 11500 | 238254 |
|  | Ryohin Keikaku Co. <br> Ltd.<br>| 189600 | 3899951 |
|  | Ryoyo Ryosan <br> Holdings, Inc.<br>| 12224 | 235546 |
|  | S Foods, Inc. | 16600 | 269421 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | S&B Foods, Inc. | 12800 | $276556 |
| # | Sac's Bar Holdings, <br> Inc.<br>| 14176 | 72013 |
|  | Saizeriya Co. Ltd. | 5700 | 186379 |
|  | Sakai Chemical <br> Industry Co. Ltd.<br>| 12700 | 234340 |
|  | Sakai Heavy <br> Industries Ltd.<br>| 6000 | 79883 |
|  | Sakai Moving Service <br> Co. Ltd.<br>| 16500 | 301665 |
|  | Sakata INX Corp. | 44600 | 658375 |
|  | Sakata Seed Corp. | 7500 | 192174 |
|  | Sala Corp. | 50200 | 342048 |
| # | Samco, Inc. | 1600 | 42931 |
|  | San Holdings, Inc. | 18800 | 183189 |
|  | San ju San Financial <br> Group, Inc.<br>| 6560 | 155155 |
|  | San-A Co. Ltd. | 19000 | 330499 |
|  | San-Ai Obbli Co. Ltd. | 56500 | 748337 |
|  | Sangetsu Corp. | 31100 | 608125 |
|  | San-In Godo Bank <br> Ltd.<br>| 80177 | 704970 |
| \* | Sanken Electric Co. <br> Ltd.<br>| 11300 | 543120 |
|  | Sanki Engineering Co. <br> Ltd.<br>| 39400 | 1354021 |
|  | Sanko Gosei Ltd. | 42101 | 229816 |
|  | Sanko Metal Industrial <br> Co. Ltd.<br>| 16500 | 145275 |
|  | Sankyo Co. Ltd. | 94500 | 1639325 |
|  | Sankyo Frontier Co. <br> Ltd.<br>| 5500 | 71572 |
|  | Sankyo Seiko Co. <br> Ltd.<br>| 29700 | 129824 |
|  | Sankyu, Inc. | 33500 | 1710514 |
|  | Sanoh Industrial Co. <br> Ltd.<br>| 45500 | 270692 |
|  | Sanrio Co. Ltd. | 31900 | 1476280 |
|  | Sansei Technologies, <br> Inc.<br>| 9200 | 135140 |
|  | Sansha Electric <br> Manufacturing Co. <br> Ltd.<br>| 2100 | 12308 |
|  | Sanshin Electronics <br> Co. Ltd.<br>| 9400 | 178214 |
|  | Santec Holdings <br> Corp.<br>| 4100 | 242053 |
|  | Santen <br> Pharmaceutical Co. <br> Ltd.<br>| 35800 | 350760 |
|  | Sanwa Holdings <br> Corp.<br>| 112300 | 3062613 |
|  | Sanyo Chemical <br> Industries Ltd.<br>| 8608 | 234214 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Sanyo Denki Co. Ltd. | 24000 | $613704 |
|  | Sanyo Industries Ltd. | 400 | 11881 |
|  | Sanyo Shokai Ltd. | 9337 | 192634 |
|  | Sanyo Trading Co. <br> Ltd.<br>| 23300 | 239836 |
|  | Sapporo Holdings <br> Ltd.<br>| 13300 | 639151 |
|  | Sato Corp. | 22600 | 320774 |
|  | Sato Foods Co. Ltd. | 800 | 40519 |
|  | Sato Shoji Corp. | 9500 | 132558 |
| # | Satori Electric Co. <br> Ltd.<br>| 5800 | 72167 |
|  | Sawai Group Holdings <br> Co. Ltd.<br>| 26083 | 311490 |
|  | SAXA, Inc. | 1900 | 66312 |
|  | SBI Holdings, Inc. | 41051 | 1834447 |
| # | SBS Holdings, Inc. | 17900 | 393652 |
| # | SCREEN Holdings <br> Co. Ltd.<br>| 17800 | 1687399 |
|  | Scroll Corp. | 40400 | 287153 |
|  | SCSK Corp. | 38265 | 1406109 |
|  | SEC Carbon Ltd. | 5800 | 80294 |
|  | Secom Co. Ltd. | 7110 | 240352 |
|  | Seed Co. Ltd. | 18600 | 68538 |
|  | Sega Sammy <br> Holdings, Inc.<br>| 8100 | 149880 |
|  | Seibu Giken Co. Ltd. | 2200 | 24281 |
|  | Seibu Holdings, Inc. | 56900 | 1999923 |
|  | Seika Corp. | 21000 | 313097 |
|  | Seikagaku Corp. | 29600 | 126100 |
| # | Seikitokyu Kogyo Co. <br> Ltd.<br>| 10700 | 102943 |
|  | Seiko Epson Corp. | 62900 | 796981 |
|  | Seiko Group Corp. | 23236 | 1067086 |
|  | Seino Holdings Co. <br> Ltd.<br>| 30000 | 423959 |
|  | Seiren Co. Ltd. | 20900 | 427996 |
|  | Sekisui Chemical Co. <br> Ltd.<br>| 42500 | 736282 |
|  | Sekisui House Ltd. | 39140 | 839759 |
|  | Sekisui Jushi Corp. | 20386 | 272587 |
|  | SEMITEC Corp. | 7200 | 110607 |
|  | Senko Group Holdings <br> Co. Ltd.<br>| 99500 | 1298690 |
| # | Senshu Electric Co. <br> Ltd.<br>| 12500 | 366142 |
|  | Senshu Ikeda <br> Holdings, Inc.<br>| 133600 | 576663 |
|  | Seria Co. Ltd. | 15200 | 289437 |
|  | Seven & i Holdings <br> Co. Ltd.<br>| 476800 | 6064798 |
|  | Seven Bank Ltd. | 230000 | 422511 |
| # | SFP Holdings Co. <br> Ltd.<br>| 4100 | 53738 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | SG Holdings Co. Ltd. | 107600 | $988909 |
|  | Sharingtechnology, <br> Inc.<br>| 12100 | 73282 |
| \* | Sharp Corp. | 8433 | 46813 |
|  | Shibaura Machine Co. <br> Ltd.<br>| 21200 | 588704 |
|  | Shibaura <br> Mechatronics Corp.<br>| 14100 | 1660822 |
|  | Shibusawa Logistics <br> Corp.<br>| 30100 | 216080 |
|  | Shibuya Corp. | 15400 | 341653 |
| \* | SHIFT, Inc. | 58500 | 403245 |
|  | Shiga Bank Ltd. | 20467 | 826733 |
|  | Shikibo Ltd. | 11002 | 71605 |
|  | Shikoku Bank Ltd. | 31901 | 301066 |
|  | Shikoku Kasei <br> Holdings Corp.<br>| 29400 | 523364 |
| # | Shima Seiki <br> Manufacturing Ltd.<br>| 16300 | 104838 |
|  | Shimadaya Corp. | 7100 | 81202 |
|  | Shimadzu Corp. | 10800 | 290363 |
|  | Shimamura Co. Ltd. | 3800 | 244985 |
|  | Shimizu Corp. | 38900 | 522161 |
|  | Shimojima Co. Ltd. | 3100 | 25945 |
|  | Shin Nippon Air <br> Technologies Co. <br> Ltd.<br>| 19600 | 391407 |
|  | Shin Nippon <br> Biomedical <br> Laboratories Ltd.<br>| 7100 | 67157 |
|  | Shinagawa Refra Co. <br> Ltd.<br>| 35900 | 430277 |
|  | Shindengen Electric <br> Manufacturing Co. <br> Ltd.<br>| 3300 | 74942 |
|  | Shin-Etsu Chemical <br> Co. Ltd.<br>| 59800 | 1797524 |
|  | Shin-Etsu Polymer <br> Co. Ltd.<br>| 30100 | 376942 |
|  | Shinko Shoji Co. Ltd. | 30300 | 200092 |
|  | Shinmaywa Industries <br> Ltd.<br>| 50000 | 650249 |
|  | Shinnihon Corp. | 26100 | 299973 |
| # | Shinobu Foods <br> Products Co. Ltd.<br>| 7000 | 67008 |
|  | Shinsho Corp. | 14400 | 216971 |
|  | Shinwa Co. Ltd. (3447 <br> JP)<br>| 12600 | 67882 |
|  | Shinwa Co. Ltd. (7607 <br> JP)<br>| 7600 | 151457 |
|  | Shionogi & Co. Ltd. | 28900 | 484728 |
|  | Ship Healthcare <br> Holdings, Inc.<br>| 36700 | 549011 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Shirai Electronics <br> Industrial Co. Ltd.<br>| 10200 | $44084 |
|  | Shizuoka Financial <br> Group, Inc.<br>| 83400 | 1123199 |
|  | Shizuoka Gas Co. <br> Ltd.<br>| 42600 | 311514 |
|  | Shoei Co. Ltd. | 26000 | 276176 |
| # | Shoei Foods Corp. | 3300 | 84356 |
|  | Showa Sangyo Co. <br> Ltd.<br>| 22109 | 422028 |
|  | SIGMAXYZ Holdings, <br> Inc.<br>| 43600 | 247249 |
|  | Siix Corp. | 37200 | 333634 |
| \* | Simplex Holdings, <br> Inc.<br>| 9100 | 253741 |
| # | Sinanen Holdings Co. <br> Ltd.<br>| 7300 | 292334 |
|  | Sinfonia Technology <br> Co. Ltd.<br>| 26300 | 1810151 |
|  | Sinko Industries Ltd. | 24900 | 208033 |
|  | Sintokogio Ltd. | 24000 | 160725 |
|  | SK Kaken Co. Ltd. | 3900 | 229435 |
| # | SK-Electronics Co. <br> Ltd.<br>| 10000 | 192987 |
|  | SKY Perfect JSAT <br> Holdings, Inc.<br>| 128700 | 1266404 |
|  | Skylark Holdings Co. <br> Ltd.<br>| 86000 | 1555525 |
|  | Skymark Airlines, Inc. | 8500 | 24738 |
| # | Smaregi, Inc. | 3100 | 57164 |
|  | SMS Co. Ltd. | 14400 | 124115 |
|  | Soda Nikka Co. Ltd. | 17600 | 113974 |
|  | Sodick Co. Ltd. | 41700 | 263666 |
|  | Soft99 Corp. | 7600 | 193898 |
|  | SoftBank Corp. | 2895000 | 4113789 |
|  | SoftBank Group <br> Corp.<br>| 134400 | 23582969 |
|  | Softcreate Holdings <br> Corp.<br>| 7400 | 102370 |
|  | Software Service, Inc. | 2500 | 222235 |
|  | Sojitz Corp. | 102540 | 2720432 |
|  | Soken Chemical & <br> Engineering Co. <br> Ltd.<br>| 21900 | 338675 |
|  | Solasto Corp. | 19499 | 63717 |
| # | Soliton Systems KK | 5800 | 64485 |
|  | Sompo Holdings, Inc. | 74650 | 2274993 |
| \* | Sony Financial Group, <br> Inc.<br>| 835000 | 841989 |
| \* | Sony Financial Group, <br> Inc., ADR<br>| 31527 | 156689 |
|  | Sony Group Corp. <br> (6758 JP)<br>| 835000 | 23254399 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Sony Group Corp. <br> (SONY US), <br> Sponsored ADR<br>| 130424 | $3637525 |
| # | Space Co. Ltd. | 14200 | 125862 |
|  | Sparx Group Co. Ltd. | 13779 | 138993 |
|  | SPK Corp. | 8364 | 121319 |
|  | Square Enix Holdings <br> Co. Ltd.<br>| 1500 | 29017 |
|  | SRA Holdings | 7200 | 233282 |
|  | SRS Holdings Co. <br> Ltd.<br>| 9100 | 67666 |
|  | ST Corp. | 7000 | 71205 |
|  | ST HD Co. Ltd. | 15460 | 260876 |
|  | St. Care Holding <br> Corp.<br>| 13500 | 72614 |
|  | Stanley Electric Co. <br> Ltd.<br>| 67000 | 1316028 |
|  | Star Mica Holdings <br> Co. Ltd.<br>| 23400 | 172697 |
|  | Star Micronics Co. <br> Ltd.<br>| 20800 | 224163 |
|  | Startia Holdings, Inc. | 4900 | 87694 |
|  | Starts Corp., Inc. | 22400 | 695830 |
|  | Starzen Co. Ltd. | 42500 | 319787 |
|  | Stella Chemifa Corp. | 4700 | 124759 |
| # | Step Co. Ltd. | 7500 | 118016 |
|  | STI Foods Holdings, <br> Inc.<br>| 4500 | 37467 |
|  | Strike Co. Ltd. | 5400 | 133031 |
| # | Studio Alice Co. Ltd. | 5400 | 71147 |
|  | Subaru Corp. | 230800 | 4909836 |
| # | Subaru Enterprise Co. <br> Ltd.<br>| 7900 | 168301 |
|  | Sugi Holdings Co. <br> Ltd.<br>| 29418 | 635479 |
| # | Sugimoto & Co. Ltd. | 15000 | 175668 |
|  | SUMCO Corp. | 139300 | 1419581 |
|  | Sumida Corp. | 43913 | 319076 |
|  | Suminoe Co. Ltd. | 2700 | 21180 |
| # | Sumiseki Holdings, <br> Inc.<br>| 20900 | 75641 |
|  | Sumitomo Bakelite <br> Co. Ltd.<br>| 26100 | 868138 |
|  | Sumitomo Chemical <br> Co. Ltd.<br>| 358300 | 1053876 |
|  | Sumitomo Corp. | 90000 | 2618185 |
|  | Sumitomo Densetsu <br> Co. Ltd.<br>| 9152 | 575929 |
|  | Sumitomo Electric <br> Industries Ltd.<br>| 221583 | 8078341 |
| # | Sumitomo Forestry <br> Co. Ltd.<br>| 179100 | 1863136 |
|  | Sumitomo Heavy <br> Industries Ltd.<br>| 43600 | 1165714 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Sumitomo Metal <br> Mining Co. Ltd.<br>| 35100 | $1148207 |
|  | Sumitomo Mitsui <br> Financial Group, <br> Inc. (8316 JP)<br>| 296823 | 8036124 |
|  | Sumitomo Mitsui Trust <br> Group, Inc.<br>| 88700 | 2436283 |
|  | Sumitomo Osaka <br> Cement Co. Ltd.<br>| 33100 | 826844 |
|  | Sumitomo Realty & <br> Development Co. <br> Ltd.<br>| 62700 | 2677101 |
|  | Sumitomo Riko Co. <br> Ltd.<br>| 32788 | 554861 |
|  | Sumitomo Rubber <br> Industries Ltd.<br>| 98153 | 1149508 |
| # | Sumitomo Seika <br> Chemicals Co. Ltd.<br>| 9100 | 281871 |
|  | Sumitomo Warehouse <br> Co. Ltd.<br>| 41300 | 871093 |
|  | Sun Frontier <br> Fudousan Co. Ltd.<br>| 52700 | 780682 |
| # | Suncall Corp. | 35500 | 232568 |
|  | Sundrug Co. Ltd. | 14000 | 377863 |
| # | Suntory Beverage & <br> Food Ltd.<br>| 2300 | 69620 |
| # | Sun-Wa Technos <br> Corp.<br>| 11800 | 204942 |
|  | Suruga Bank Ltd. | 117700 | 1178190 |
|  | Suzuken Co. Ltd. | 20346 | 772671 |
|  | Suzuki Co. Ltd. | 14700 | 205430 |
|  | Suzuki Motor Corp. | 168300 | 2512529 |
|  | SWCC Corp. | 28700 | 1394413 |
|  | System Research Co. <br> Ltd.<br>| 4500 | 59307 |
|  | System Support <br> Holdings, Inc.<br>| 2400 | 47334 |
| # | Systems Engineering <br> Consultants Co. <br> Ltd.<br>| 1800 | 30146 |
|  | Systena Corp. | 124000 | 426729 |
|  | Syuppin Co. Ltd. | 15300 | 126161 |
|  | T Hasegawa Co. Ltd. | 15200 | 266312 |
|  | T RAD Co. Ltd. | 6300 | 285027 |
|  | T&D Holdings, Inc. | 34500 | 740905 |
| # | Tachibana Eletech Co. <br> Ltd.<br>| 16820 | 308983 |
| # | Tachikawa Corp. | 10900 | 133723 |
|  | Tachi-S Co. Ltd. | 29100 | 368874 |
|  | Tadano Ltd. | 79300 | 550757 |
|  | Taihei Dengyo Kaisha <br> Ltd.<br>| 25900 | 363159 |
|  | Taiheiyo Cement <br> Corp.<br>| 55188 | 1497347 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Taiho Kogyo Co. Ltd. | 14500 | $64327 |
|  | Taikisha Ltd. | 16200 | 320726 |
|  | Taisei Corp. | 6800 | 494777 |
|  | Taisei Oncho Co. Ltd. | 400 | 10844 |
|  | Taiyo Holdings Co. <br> Ltd.<br>| 21804 | 1166370 |
|  | Taiyo Yuden Co. Ltd. | 38900 | 1104830 |
|  | Takamatsu <br> Construction Group <br> Co. Ltd.<br>| 11400 | 250202 |
|  | Takamiya Co. Ltd. | 10200 | 27486 |
|  | Takaoka Toko Co. <br> Ltd.<br>| 9464 | 210768 |
|  | Takara & Co. Ltd. | 8500 | 224242 |
| # | Takara Bio, Inc. | 57000 | 340865 |
|  | Takara Holdings, Inc. | 24700 | 251575 |
|  | Takara Standard Co. <br> Ltd.<br>| 18900 | 305261 |
|  | Takasago International <br> Corp.<br>| 44500 | 434900 |
|  | Takasago Thermal <br> Engineering Co. <br> Ltd.<br>| 12000 | 356090 |
| # | Takashima & Co. Ltd. | 26000 | 138160 |
|  | Takashimaya Co. Ltd. | 189200 | 2023750 |
|  | Take & Give Needs <br> Co. Ltd.<br>| 10200 | 54427 |
| # | TAKEBISHI Corp. | 6900 | 91481 |
|  | Takeda <br> Pharmaceutical Co. <br> Ltd. (4502 JP)<br>| 98852 | 2667768 |
|  | Takeuchi <br> Manufacturing Co. <br> Ltd.<br>| 20700 | 853411 |
| # | Taki Chemical Co. <br> Ltd.<br>| 2500 | 58481 |
|  | Takuma Co. Ltd. | 1100 | 16871 |
| # | Tama Home Co. Ltd. | 10100 | 236672 |
|  | Tamron Co. Ltd. | 115200 | 818099 |
|  | Tamura Corp. | 69000 | 236480 |
|  | Tanabe Engineering <br> Corp.<br>| 3100 | 47520 |
|  | Tanseisha Co. Ltd. | 26250 | 226465 |
|  | Taoka Chemical Co. <br> Ltd.<br>| 4200 | 33305 |
| # | Tayca Corp. | 11200 | 95449 |
| # | Tazmo Co. Ltd. | 7000 | 107816 |
|  | TBS Holdings, Inc. | 14600 | 504103 |
|  | TDC Soft, Inc. | 11100 | 97036 |
|  | TDK Corp. (6762 JP) | 252500 | 4411731 |
|  | TechMatrix Corp. | 20800 | 294171 |
|  | Techno Medica Co. <br> Ltd.<br>| 3100 | 37751 |
|  | Techno Ryowa Ltd. | 7000 | 256946 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Techno Smart Corp. | 8600 | $116049 |
|  | Teijin Ltd. | 26736 | 233901 |
| # | Teikoku Sen-I Co. <br> Ltd.<br>| 9600 | 213643 |
|  | Teikoku Tsushin <br> Kogyo Co. Ltd.<br>| 5200 | 83331 |
|  | Tekken Corp. | 9300 | 222147 |
| # | Temairazu, Inc. | 800 | 16683 |
|  | Tera Probe, Inc. | 6800 | 257965 |
|  | Terasaki Electric Co. <br> Ltd.<br>| 2300 | 71949 |
| # | Tess Holdings Co. <br> Ltd.<br>| 40300 | 90976 |
|  | THK Co. Ltd. | 11400 | 303554 |
|  | Tigers Polymer Corp. | 10100 | 63367 |
|  | TIS, Inc. | 57900 | 1994703 |
|  | TKC Corp. | 4500 | 117740 |
|  | Toa Corp. (1885 JP) | 82300 | 1260593 |
|  | Toa Corp. (6809 JP) | 17300 | 141731 |
|  | TOA ROAD Corp. | 44000 | 443113 |
|  | Toagosei Co. Ltd. | 65600 | 650742 |
|  | TOBISHIMA <br> HOLDINGS, Inc.<br>| 17373 | 237271 |
|  | TOC Co. Ltd. | 32400 | 171171 |
|  | Tocalo Co. Ltd. | 51600 | 756242 |
|  | Tochigi Bank Ltd. | 35400 | 126209 |
|  | Toda Corp. | 132200 | 890599 |
|  | Toei Animation Co. <br> Ltd.<br>| 3000 | 56226 |
|  | Toenec Corp. | 54600 | 592565 |
|  | Togami Electric <br> Manufacturing Co. <br> Ltd.<br>| 700 | 19179 |
|  | Toho Bank Ltd. | 71700 | 212191 |
|  | Toho Co. Ltd. (8142 <br> JP)<br>| 12600 | 270950 |
|  | Toho Co. Ltd. (9602 <br> JP)<br>| 2100 | 123095 |
|  | Toho Holdings Co. <br> Ltd.<br>| 18900 | 606101 |
| # | Toho Titanium Co. <br> Ltd.<br>| 29600 | 303374 |
| \* | Toho Zinc Co. Ltd. | 19957 | 87003 |
| # | Tohokushinsha Film <br> Corp.<br>| 35700 | 139773 |
|  | Tokai Carbon Co. Ltd. | 134702 | 902343 |
|  | Tokai Corp. | 15867 | 219807 |
|  | TOKAI Holdings <br> Corp.<br>| 58000 | 383985 |
|  | Tokai Rika Co. Ltd. | 32300 | 580250 |
|  | Tokai Tokyo Financial <br> Holdings, Inc.<br>| 118052 | 437426 |
|  | Token Corp. | 2120 | 194483 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Tokio Marine <br> Holdings, Inc. (8766 <br> JP)<br>| 116048 | $4327798 |
|  | Tokushu Tokai Paper <br> Co. Ltd.<br>| 16123 | 155132 |
|  | Tokuyama Corp. | 42425 | 1053263 |
|  | Tokyo Century Corp. | 144000 | 1699466 |
| # | Tokyo Electron Device <br> Ltd.<br>| 15900 | 310655 |
| # | Tokyo Energy & <br> Systems, Inc.<br>| 16900 | 194812 |
|  | Tokyo Kiraboshi <br> Financial Group, <br> Inc.<br>| 20499 | 976056 |
|  | Tokyo Ohka Kogyo <br> Co. Ltd.<br>| 3400 | 124078 |
|  | Tokyo Printing Ink <br> Manufacturing Co. <br> Ltd.<br>| 1300 | 59324 |
|  | Tokyo Radiator <br> Manufacturing Co. <br> Ltd.<br>| 3400 | 27532 |
|  | Tokyo Rope <br> Manufacturing Co. <br> Ltd.<br>| 13000 | 121708 |
| # | Tokyo Sangyo Co. <br> Ltd.<br>| 14000 | 84701 |
|  | Tokyo Seimitsu Co. <br> Ltd.<br>| 3400 | 233898 |
|  | Tokyo Steel <br> Manufacturing Co. <br> Ltd.<br>| 36500 | 322064 |
|  | Tokyo Tatemono Co. <br> Ltd.<br>| 124700 | 2328178 |
| # | Tokyo Tekko Co. Ltd. | 10700 | 391024 |
|  | Tokyotokeiba Co. Ltd. | 8647 | 310058 |
|  | Tokyu Construction <br> Co. Ltd.<br>| 49330 | 335507 |
|  | Tokyu Fudosan <br> Holdings Corp.<br>| 457982 | 3690733 |
|  | Toli Corp. | 42200 | 170721 |
|  | Tomen Devices Corp. | 2800 | 171080 |
| # | Tomoe Corp. | 20300 | 238417 |
| # | Tomoe Engineering <br> Co. Ltd.<br>| 20700 | 212830 |
|  | Tomoku Co. Ltd. | 12436 | 265609 |
|  | TOMONY Holdings, <br> Inc.<br>| 147800 | 654972 |
|  | Tomy Co. Ltd. | 61000 | 1254877 |
|  | TOPPAN Holdings, <br> Inc.<br>| 40700 | 995434 |
|  | Topre Corp. | 50301 | 729157 |
|  | Topy Industries Ltd. | 13800 | 254799 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Toray Industries, Inc. | 175600 | $1075099 |
| # | Torex Semiconductor <br> Ltd.<br>| 2300 | 23704 |
| # | Toridoll Holdings <br> Corp.<br>| 15600 | 451843 |
|  | Torigoe Co. Ltd. | 15700 | 112674 |
|  | Torishima Pump <br> Manufacturing Co. <br> Ltd.<br>| 16200 | 219655 |
|  | Tosei Corp. | 28900 | 614874 |
|  | Toshiba TEC Corp. | 15200 | 306802 |
|  | Tosho Co. Ltd. | 17000 | 86827 |
|  | Tosoh Corp. | 133600 | 1904808 |
|  | Totech Corp. | 10200 | 210622 |
|  | Totetsu Kogyo Co. <br> Ltd.<br>| 18966 | 520544 |
|  | TOTO Ltd. | 26299 | 667064 |
| # | Toukei Computer Co. <br> Ltd.<br>| 2800 | 69603 |
|  | Tow Co. Ltd. | 31100 | 74711 |
|  | Towa Pharmaceutical <br> Co. Ltd.<br>| 35300 | 649855 |
|  | Toyo Corp. | 17200 | 185623 |
|  | Toyo Denki Seizo KK | 1000 | 13383 |
| # | Toyo Gosei Co. Ltd. | 3500 | 159090 |
| # | Toyo Innovex Co. Ltd. | 12000 | 51578 |
|  | Toyo Kanetsu KK | 5600 | 163816 |
|  | Toyo Securities Co. <br> Ltd.<br>| 22700 | 81029 |
|  | Toyo Seikan Group <br> Holdings Ltd.<br>| 34000 | 763308 |
|  | Toyo Suisan Kaisha <br> Ltd.<br>| 7000 | 507394 |
| # | Toyo Tanso Co. Ltd. | 15300 | 457738 |
| # | Toyo Tire Corp. | 95700 | 2615486 |
|  | Toyobo Co. Ltd. | 89302 | 662871 |
|  | Toyoda Gosei Co. <br> Ltd.<br>| 41800 | 967452 |
|  | Toyota Boshoku <br> Corp.<br>| 56100 | 853005 |
|  | Toyota Industries <br> Corp.<br>| 7100 | 771785 |
|  | Toyota Motor Corp. <br> (7203 JP)<br>| 564890 | 11516483 |
| # | Toyota Motor Corp. <br> (TM US), <br> Sponsored ADR<br>| 12355 | 2522767 |
|  | Toyota Tsusho Corp. | 147200 | 4499349 |
|  | TPR Co. Ltd. | 44600 | 350261 |
|  | Traders Holdings Co. <br> Ltd.<br>| 20039 | 116275 |
|  | Transaction Co. Ltd. | 26200 | 173849 |
|  | Transcosmos, Inc. | 13900 | 329396 |
|  | TRE Holdings Corp. | 54451 | 545623 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Treasure Factory Co. <br> Ltd.<br>| 4000 | $43358 |
|  | Trend Micro, Inc. <br> (4704 JP)<br>| 26900 | 1372773 |
|  | Trinity Industrial Corp. | 1400 | 10678 |
|  | Trusco Nakayama <br> Corp.<br>| 33300 | 525028 |
|  | TS Tech Co. Ltd. | 41200 | 488293 |
|  | TSI Holdings Co. Ltd. | 40700 | 252551 |
| # | Tsubaki Nakashima <br> Co. Ltd.<br>| 38900 | 98205 |
|  | Tsubakimoto Chain <br> Co.<br>| 60900 | 852365 |
|  | Tsubakimoto Kogyo <br> Co. Ltd.<br>| 8700 | 153859 |
|  | Tsuburaya Fields <br> Holdings, Inc.<br>| 27700 | 389487 |
|  | Tsugami Corp. | 36200 | 641615 |
|  | Tsukada Global <br> Holdings, Inc.<br>| 18200 | 74166 |
|  | Tsukishima Holdings <br> Co. Ltd.<br>| 27270 | 451123 |
|  | Tsumura & Co. | 24363 | 565138 |
| # | Tsuruha Holdings, <br> Inc.<br>| 54200 | 941060 |
|  | Tsurumi Manufacturing <br> Co. Ltd.<br>| 24600 | 310007 |
|  | Tsutsumi Jewelry Co. <br> Ltd.<br>| 3900 | 57192 |
|  | Tsuzuki Denki Co. <br> Ltd.<br>| 4100 | 83973 |
|  | TV Asahi Holdings <br> Corp.<br>| 11100 | 225878 |
|  | Tv Tokyo Holdings <br> Corp.<br>| 6000 | 180679 |
|  | TYK Corp. | 7100 | 25447 |
|  | UACJ Corp. | 120428 | 1555070 |
|  | UBE Corp. | 52220 | 767687 |
|  | Uchida Yoko Co. Ltd. | 8200 | 552833 |
|  | Ultrafabrics Holdings <br> Co. Ltd.<br>| 7100 | 35470 |
|  | Ulvac, Inc. | 14400 | 653174 |
|  | U-Next Holdings Co. <br> Ltd.<br>| 26400 | 348455 |
|  | Unipres Corp. | 45838 | 355836 |
|  | United Arrows Ltd. | 19100 | 238553 |
|  | United Super Markets <br> Holdings, Inc.<br>| 16555 | 88382 |
| # | UNITED, Inc. | 17800 | 58728 |
| \* | Universal <br> Entertainment <br> Corp.<br>| 19700 | 110351 |
|  | Urbanet Corp. Co. <br> Ltd.<br>| 39300 | 143323 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Ushio, Inc. | 36900 | $611791 |
|  | USS Co. Ltd. | 125800 | 1388565 |
|  | UT Group Co. Ltd. | 26600 | 473673 |
|  | V Technology Co. <br> Ltd.<br>| 3900 | 87618 |
|  | Valor Holdings Co. <br> Ltd.<br>| 54105 | 990420 |
|  | Valqua Ltd. | 12400 | 311963 |
| # | Value HR Co. Ltd. | 8100 | 88800 |
|  | ValueCommerce Co. <br> Ltd.<br>| 7000 | 30528 |
|  | Vector, Inc. | 14300 | 107803 |
|  | Vertex Corp. | 42960 | 384420 |
|  | Vision, Inc. | 5300 | 42061 |
| \* | Visional, Inc. | 10400 | 722100 |
|  | Vital KSK Holdings, <br> Inc.<br>| 29854 | 240555 |
|  | VT Holdings Co. Ltd. | 109501 | 345649 |
|  | Wacoal Holdings <br> Corp.<br>| 9000 | 313840 |
|  | Wakachiku <br> Construction Co. <br> Ltd.<br>| 10000 | 311053 |
|  | Wakita & Co. Ltd. | 32400 | 372843 |
|  | Warabeya Nichiyo <br> Holdings Co. Ltd.<br>| 22100 | 446846 |
| # | Waseda Academy Co. <br> Ltd.<br>| 6100 | 94114 |
| # | Watahan & Co. Ltd. | 15900 | 147565 |
| # | WATAMI Co. Ltd. | 7000 | 41066 |
| # | WDB Holdings Co. <br> Ltd.<br>| 4000 | 41882 |
| # | Wealth Management, <br> Inc.<br>| 1900 | 13539 |
|  | Weathernews, Inc. | 4200 | 109478 |
|  | Welcia Holdings Co. <br> Ltd.<br>| 70800 | 1411955 |
|  | Wellneo Sugar Co. <br> Ltd.<br>| 13300 | 217502 |
|  | Wellnet Corp. | 5800 | 24506 |
| # | West Holdings Corp. | 12881 | 123202 |
|  | Will Group, Inc. | 9800 | 64762 |
| \* | WingArc1st, Inc. | 12667 | 275926 |
|  | Workman Co. Ltd. | 3234 | 121641 |
|  | World Co. Ltd. | 40700 | 714181 |
|  | World Holdings Co. <br> Ltd.<br>| 13800 | 224313 |
|  | Wowow, Inc. | 4600 | 43369 |
| # | Xebio Holdings Co. <br> Ltd.<br>| 23401 | 165431 |
| # | YAC Holdings Co. <br> Ltd.<br>| 11700 | 68138 |
|  | Yagi & Co. Ltd. | 800 | 16046 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Yahagi Construction <br> Co. Ltd.<br>| 24500 | $346606 |
|  | YAKUODO Holdings <br> Co. Ltd.<br>| 9459 | 124692 |
|  | YAMABIKO Corp. | 37551 | 627368 |
|  | YAMADA Consulting <br> Group Co. Ltd.<br>| 2300 | 26227 |
|  | Yamada Holdings Co. <br> Ltd.<br>| 86000 | 258534 |
|  | Yamae Group <br> Holdings Co. Ltd.<br>| 25800 | 428317 |
| # | Yamagata Bank Ltd. | 8899 | 96830 |
|  | Yamaguchi Financial <br> Group, Inc.<br>| 62801 | 719501 |
| # | Yamaha Motor Co. <br> Ltd.<br>| 217800 | 1569197 |
|  | Yamaichi Electronics <br> Co. Ltd.<br>| 19900 | 589555 |
| # | Yamami Co. | 1400 | 36398 |
|  | Yamanashi Chuo <br> Bank Ltd.<br>| 10900 | 232117 |
|  | Yamatane Corp. | 16100 | 266338 |
|  | Yamato Corp. | 15800 | 221992 |
|  | Yamato Holdings Co. <br> Ltd.<br>| 21600 | 315811 |
|  | Yamato Kogyo Co. <br> Ltd.<br>| 19000 | 1197598 |
|  | Yamau Holdings Co. <br> Ltd.<br>| 2900 | 46999 |
| # | Yamaya Corp. | 3200 | 49126 |
|  | Yamazaki Baking Co. <br> Ltd.<br>| 54800 | 1076963 |
|  | Yamazen Corp. | 45300 | 419744 |
| # | Yashima Denki Co. <br> Ltd.<br>| 12500 | 210537 |
|  | Yaskawa Electric <br> Corp.<br>| 3200 | 87771 |
| # | Yasuda Logistics <br> Corp.<br>| 12700 | 178423 |
|  | Yellow Hat Ltd. | 61400 | 618279 |
|  | Yodoko Ltd. | 85000 | 716652 |
|  | Yokogawa Bridge <br> Holdings Corp.<br>| 30700 | 548005 |
|  | Yokogawa Electric <br> Corp.<br>| 33500 | 1002134 |
|  | Yokohama Financial <br> Group, Inc.<br>| 231738 | 1683399 |
|  | Yokohama Rubber <br> Co. Ltd. <br>| 86099 | 3072788 |
| # | Yokorei Co. Ltd. | 46023 | 366103 |
|  | Yokowo Co. Ltd. | 7700 | 98618 |
| # | Yomeishu Seizo Co. <br> Ltd.<br>| 4500 | 121322 |
|  | Yondenko Corp. | 28200 | 257034 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Yondoshi Holdings, <br> Inc.<br>| 7000 | $77725 |
|  | Yonex Co. Ltd. | 12100 | 311219 |
|  | Yonkyu Co. Ltd. | 600 | 10335 |
| # | Yorozu Corp. | 16200 | 96239 |
| # | Yoshinoya Holdings <br> Co. Ltd.<br>| 24300 | 479669 |
|  | Yotai Refractories Co. <br> Ltd.<br>| 1000 | 11530 |
|  | Yuasa Trading Co. <br> Ltd.<br>| 17400 | 565722 |
|  | Yurtec Corp. | 29700 | 478797 |
| # | Yushin Co. | 2500 | 10452 |
|  | Yushiro, Inc. | 9100 | 125366 |
|  | Yutaka Giken Co. Ltd. | 2500 | 49104 |
|  | Zacros Corp. | 57500 | 392976 |
|  | Zaoh Co. Ltd. | 2800 | 44484 |
|  | Zenitaka Corp. | 300 | 15402 |
|  | Zenkoku Hosho Co. <br> Ltd.<br>| 9300 | 191142 |
|  | Zenrin Co. Ltd. | 24600 | 164434 |
|  | Zensho Holdings Co. <br> Ltd.<br>| 22650 | 1410326 |
|  | Zeon Corp. | 66200 | 679244 |
|  | ZERIA Pharmaceutical <br> Co. Ltd.<br>| 21000 | 272534 |
| # | ZIGExN Co. Ltd. | 40700 | 134448 |
|  | ZOZO, Inc. | 95100 | 822093 |
|  | Zuiko Corp. | 5000 | 31112 |
| TOTAL JAPAN | TOTAL JAPAN |  | 942238354 |
| NETHERLANDS — (3.2%) | NETHERLANDS — (3.2%) | NETHERLANDS — (3.2%) | NETHERLANDS — (3.2%) |
|  | Aalberts NV | 88378 | 2799925 |
| Ω | ABN AMRO Bank NV | 116605 | 3484001 |
|  | Acomo NV | 18901 | 511983 |
| \*Ω | Adyen NV | 196 | 335843 |
|  | Aegon Ltd. (AEG US) | 1405 | 10634 |
|  | Aegon Ltd. (AGN NA) | 431223 | 3286232 |
| \* | AFC Ajax NV | 70 | 732 |
|  | Akzo Nobel NV | 24264 | 1603519 |
|  | Allfunds Group PLC | 184663 | 1403760 |
|  | AMG Critical Materials <br> NV<br>| 31774 | 1054970 |
| # | Aperam SA | 30700 | 1069811 |
|  | Arcadis NV | 54043 | 2580918 |
| # | ArcelorMittal SA (MT <br> US)<br>| 55154 | 2100838 |
|  | ASM International NV | 4555 | 2955487 |
|  | ASML Holding NV <br> (ASML US)<br>| 22405 | 23731699 |
|  | ASR Nederland NV | 123220 | 8223535 |
| Ω | B&S Group SARL | 21653 | 148262 |
| \*Ω | Basic-Fit NV | 48439 | 1437864 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
| # | BE Semiconductor <br> Industries NV<br>| 4610 | $785987 |
| # | Brunel International <br> NV<br>| 5047 | 44980 |
| # | Coca-Cola Europacific <br> Partners PLC<br>| 21542 | 1919061 |
|  | Corbion NV | 48698 | 991163 |
| \* | Flow Traders Ltd. | 20138 | 553736 |
|  | ForFarmers NV | 43412 | 209948 |
|  | Fugro NV | 27639 | 282258 |
|  | HAL Trust | 799 | 125406 |
|  | Havas NV | 327524 | 571586 |
|  | Heineken NV | 6899 | 534205 |
|  | IMCD NV | 17545 | 1818077 |
|  | ING Groep NV (INGA <br> NA)<br>| 269172 | 6721135 |
| \* | InPost SA | 41245 | 519541 |
|  | JDE Peet's NV | 20703 | 753467 |
| # | Kendrion NV | 8509 | 139596 |
|  | Koninklijke Ahold <br> Delhaize NV (AD <br> NA)<br>| 320272 | 13105478 |
|  | Koninklijke Ahold <br> Delhaize NV <br> (ADRNY US), <br> Sponsored ADR<br>| 2505 | 102394 |
|  | Koninklijke BAM <br> Groep NV<br>| 344750 | 3200275 |
|  | Koninklijke Heijmans <br> NV<br>| 34266 | 2427541 |
|  | Koninklijke KPN NV | 1328152 | 6145972 |
| # | Koninklijke Philips NV <br> (PHG US)<br>| 46095 | 1259318 |
| # | Koninklijke Philips NV <br> (PHIA NA)<br>| 65477 | 1793755 |
|  | Koninklijke Vopak NV | 35338 | 1601411 |
|  | Nedap NV | 4008 | 482223 |
|  | NN Group NV | 127886 | 8751859 |
|  | OCI NV | 1388 | 5445 |
| # | PostNL NV | 28345 | 31365 |
|  | Prosus NV (PRX NA) | 20259 | 1400271 |
|  | Randstad NV | 45906 | 1799096 |
|  | SBM Offshore NV | 119842 | 3098997 |
| #\* | SIF Holding NV | 4260 | 34258 |
| Ω | Signify NV | 118485 | 2836232 |
|  | TKH Group NV | 30012 | 1326773 |
| # | Universal Music <br> Group NV<br>| 122857 | 3295268 |
|  | Van Lanschot Kempen <br> NV<br>| 27463 | 1605690 |
|  | Wolters Kluwer NV | 34148 | 4186051 |
| TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 131199831 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) | NEW ZEALAND — (0.3%) |
|  | a2 Milk Co. Ltd.  | 22425 | $138582 |
|  | Air New Zealand Ltd. | 1724383 | 587128 |
|  | Auckland International <br> Airport Ltd.<br>| 58868 | 273986 |
| # | Channel Infrastructure <br> NZ Ltd.<br>| 454999 | 697860 |
|  | Chorus Ltd. (CHRYY <br> US), ADR<br>| 462 | 12215 |
| # | Chorus Ltd. (CNU <br> NZ)<br>| 296781 | 1589277 |
|  | Contact Energy Ltd. | 152976 | 815487 |
|  | EBOS Group Ltd. | 9303 | 153842 |
|  | Fisher & Paykel <br> Healthcare Corp. <br> Ltd.<br>| 12036 | 255164 |
| \* | Fletcher Building Ltd. <br> (FBU NZ)<br>| 63991 | 119288 |
|  | Fonterra Co-Operative <br> Group Ltd.<br>| 51432 | 240445 |
|  | Freightways Group <br> Ltd.<br>| 108164 | 910158 |
|  | Genesis Energy Ltd. | 345641 | 496391 |
| \* | Gentrack Group Ltd. | 12020 | 62909 |
|  | Hallenstein Glasson <br> Holdings Ltd.<br>| 43112 | 243028 |
| # | Heartland Group <br> Holdings Ltd.<br>| 347905 | 215850 |
| # | Infratil Ltd. | 26627 | 188200 |
| \* | KMD Brands Ltd. | 264315 | 43089 |
|  | Mainfreight Ltd. | 5267 | 181643 |
|  | Mercury NZ Ltd. | 17602 | 65251 |
|  | Meridian Energy Ltd. | 43045 | 145723 |
|  | NZME Ltd. (NZM AU) | 54625 | 36535 |
| # | NZX Ltd. | 225171 | 198359 |
| #\* | Oceania Healthcare <br> Ltd.<br>| 361394 | 163271 |
|  | Port of Tauranga Ltd. | 11458 | 51580 |
| \* | Rakon Ltd. | 14114 | 6457 |
| \* | Ryman Healthcare <br> Ltd.<br>| 2707 | 4433 |
|  | Sanford Ltd. | 26296 | 92586 |
|  | Scales Corp. Ltd. | 117162 | 408803 |
|  | Skellerup Holdings <br> Ltd.<br>| 138511 | 435132 |
|  | SKY Network <br> Television Ltd.<br>| 205982 | 424475 |
|  | Spark New Zealand <br> Ltd.<br>| 14233 | 19954 |
| \* | Steel & Tube Holdings <br> Ltd.<br>| 100047 | 40633 |
| # | Summerset Group <br> Holdings Ltd.<br>| 175958 | 1167021 |
| # | Tourism Holdings Ltd. | 41587 | 60263 |
|  | TOWER Ltd. | 236293 | 249923 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) |
| # | Turners Automotive <br> Group Ltd.<br>| 36967 | $154689 |
| #\* | Vista Group <br> International Ltd.<br>| 53405 | 80951 |
| TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 11030581 |
| NORWAY — (0.8%) | NORWAY — (0.8%) | NORWAY — (0.8%) | NORWAY — (0.8%) |
|  | 2020 Bulkers Ltd. | 24539 | 334882 |
|  | ABG Sundal Collier <br> Holding ASA<br>| 110906 | 76967 |
|  | AF Gruppen ASA | 3992 | 67049 |
|  | Akastor ASA | 92173 | 101170 |
| \* | Aker BioMarine ASA | 6059 | 51427 |
|  | Aker BP ASA | 84240 | 2183242 |
|  | Aker Solutions ASA | 104555 | 287273 |
|  | Archer Ltd. | 83567 | 194576 |
|  | Atea ASA | 7000 | 106645 |
|  | Austevoll Seafood <br> ASA<br>| 42169 | 395937 |
|  | B2 Impact ASA | 175571 | 300950 |
|  | Bluenord ASA | 11545 | 527208 |
|  | Bonheur ASA | 15677 | 339155 |
|  | Borregaard ASA | 13213 | 250236 |
|  | Bouvet ASA | 38048 | 241558 |
| \* | BW Energy Ltd. | 19078 | 72678 |
| Ω | BW LPG Ltd. | 65805 | 871437 |
|  | BW Offshore Ltd. | 76793 | 279637 |
| \* | Cadeler AS (CADLR <br> NO)<br>| 6861 | 31810 |
| \* | Cloudberry Clean <br> Energy ASA<br>| 136617 | 177818 |
|  | DNB Bank ASA | 72761 | 1857255 |
|  | DNO ASA | 441180 | 602422 |
| Ω | Elkem ASA | 19198 | 50496 |
| Ω | Elmera Group ASA | 31350 | 100852 |
|  | Elopak ASA | 5465 | 25726 |
|  | Equinor ASA | 170382 | 4080869 |
| Ω | Europris ASA | 48152 | 415163 |
| # | FLEX LNG Ltd. <br> (FLNG NO)<br>| 8683 | 225500 |
|  | Frontline PLC | 17269 | 422476 |
| \* | Grieg Seafood ASA | 47153 | 315772 |
| # | Hafnia Ltd. | 98686 | 614790 |
| # | Hoegh Autoliners <br> ASA<br>| 37626 | 337150 |
| Ω | Kid ASA | 18840 | 255050 |
| Ω | Klaveness <br> Combination <br> Carriers ASA<br>| 21372 | 162001 |
| \* | Kongsberg Automotive <br> ASA<br>| 580364 | 99174 |
|  | Kongsberg Gruppen <br> ASA<br>| 12485 | 318284 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
| \* | LINK Mobility Group <br> Holding ASA<br>| 177824 | $526684 |
| # | Mowi ASA | 9964 | 219047 |
|  | MPC Container Ships <br> ASA<br>| 567893 | 993715 |
| #Ω | Multiconsult ASA | 4663 | 79158 |
|  | Norsk Hydro ASA | 68832 | 465343 |
|  | Norwegian Air Shuttle <br> ASA<br>| 23557 | 36571 |
| \* | NRC Group ASA | 17504 | 13324 |
|  | Odfjell Drilling Ltd. | 130474 | 1048024 |
|  | Odfjell SE, Class A | 16596 | 199482 |
|  | Odfjell Technology <br> Ltd.<br>| 18940 | 108743 |
| #Ω | Okeanis Eco Tankers <br> Corp.<br>| 8821 | 304114 |
| \* | Otello Corp. ASA | 30522 | 45579 |
|  | Pareto Bank ASA | 40928 | 346746 |
|  | Petronor E&P ASA | 34774 | 35527 |
|  | Pexip Holding ASA | 11294 | 69379 |
|  | Protector Forsikring <br> ASA<br>| 3303 | 148793 |
|  | Rana Gruber ASA | 19455 | 122663 |
|  | Reach Subsea ASA | 16768 | 11055 |
| # | Salmar ASA | 2144 | 120411 |
|  | SATS ASA | 54883 | 196642 |
| \*Ω | Scatec ASA | 69753 | 735744 |
|  | Sea1 offshore, Inc. | 94163 | 186382 |
|  | Selvaag Bolig ASA | 13851 | 45015 |
| #\*Ω | Shelf Drilling Ltd. | 101192 | 182677 |
| #\* | SmartCraft ASA | 2025 | 5109 |
|  | Solstad Maritime <br> Holding AS<br>| 80173 | 142021 |
| \* | Solstad Offshore ASA | 55273 | 237150 |
|  | SpareBank 1 <br> Helgeland<br>| 1689 | 28166 |
|  | Sparebank 1 <br> Oestlandet<br>| 19094 | 334832 |
|  | SpareBank 1 <br> Sor-Norge ASA<br>| 58908 | 1014013 |
|  | Sparebanken More | 18411 | 181671 |
|  | Sparebanken Norge | 9734 | 169611 |
|  | Stolt-Nielsen Ltd. | 26310 | 882468 |
|  | Storebrand ASA | 145754 | 2258751 |
|  | Subsea 7 SA | 41782 | 763079 |
|  | Telenor ASA | 27833 | 413919 |
|  | TGS ASA | 11412 | 98482 |
|  | TOMRA Systems <br> ASA<br>| 15468 | 188833 |
|  | Var Energi ASA | 69151 | 232340 |
|  | Veidekke ASA | 40659 | 629514 |
|  | Wallenius Wilhelmsen <br> ASA<br>| 55034 | 430415 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  | Wilh Wilhelmsen <br> Holding ASA, <br> Class A<br>| 10620 | $535287 |
| # | Yara International <br> ASA<br>| 5472 | 199356 |
|  | Zalaris ASA | 1767 | 16075 |
| TOTAL NORWAY | TOTAL NORWAY |  | 31776545 |
| PORTUGAL — (0.4%) | PORTUGAL — (0.4%) | PORTUGAL — (0.4%) | PORTUGAL — (0.4%) |
| # | Altri SGPS SA | 72816 | 413004 |
|  | Banco Comercial <br> Portugues SA, <br> Class R<br>| 7922217 | 6992954 |
|  | Corticeira Amorim <br> SGPS SA<br>| 2909 | 24405 |
|  | CTT-Correios de <br> Portugal SA<br>| 77262 | 671761 |
|  | EDP Renovaveis SA | 20774 | 303730 |
|  | Galp Energia SGPS <br> SA<br>| 169190 | 3399208 |
|  | Ibersol SGPS SA | 18452 | 214843 |
|  | Mota-Engil SGPS SA | 62031 | 429091 |
| # | Navigator Co. SA | 221246 | 766109 |
|  | NOS SGPS SA | 258127 | 1118502 |
|  | Semapa-Sociedade <br> de Investimento e <br> Gestao<br>| 13836 | 288639 |
|  | Sonae SGPS SA | 678187 | 1104913 |
| \* | Teixeira Duarte SA | 277095 | 222673 |
| TOTAL PORTUGAL | TOTAL PORTUGAL |  | 15949832 |
| SINGAPORE — (1.0%) | SINGAPORE — (1.0%) | SINGAPORE — (1.0%) | SINGAPORE — (1.0%) |
| #\* | AEM Holdings Ltd. | 264700 | 385304 |
|  | Aztech Global Ltd. | 115300 | 59825 |
|  | Banyan Tree Holdings <br> Ltd.<br>| 154900 | 74906 |
|  | Boustead Singapore <br> Ltd.<br>| 303152 | 416280 |
|  | BRC Asia Ltd. | 22000 | 71255 |
|  | Bukit Sembawang <br> Estates Ltd.<br>| 90500 | 291349 |
|  | Bund Center <br> Investment Ltd.<br>| 22000 | 7100 |
|  | CapitaLand <br> Investment Ltd.<br>| 197501 | 400145 |
|  | China Aviation Oil <br> Singapore Corp. <br> Ltd.<br>| 191200 | 223172 |
|  | China Sunsine <br> Chemical Holdings <br> Ltd.<br>| 373900 | 210971 |
|  | City Developments <br> Ltd.<br>| 72500 | 402698 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
| \* | COSCO Shipping <br> International <br> Singapore Co. Ltd.<br>| 1001700 | $93042 |
|  | CSE Global Ltd. | 690042 | 447298 |
|  | DBS Group Holdings <br> Ltd.<br>| 101027 | 4182771 |
|  | Delfi Ltd. | 369700 | 230024 |
|  | DFI Retail Group <br> Holdings Ltd.<br>| 81700 | 286647 |
| \*†† | Ezion Holdings Ltd. | 70344 | 0 |
| #\*†† | Ezra Holdings Ltd. | 730927 | 0 |
|  | Far East Orchard Ltd. | 142920 | 136080 |
|  | First Resources Ltd. | 529400 | 797528 |
|  | Food Empire Holdings <br> Ltd.<br>| 172500 | 312569 |
|  | Fraser & Neave Ltd. | 10400 | 11897 |
|  | Frasers Property Ltd. | 115500 | 93083 |
|  | Frencken Group Ltd. | 416100 | 526549 |
| # | Genting Singapore <br> Ltd.<br>| 384500 | 215531 |
|  | Geo Energy <br> Resources Ltd.<br>| 537300 | 199907 |
|  | Golden <br> Agri-Resources <br> Ltd.<br>| 4084400 | 878667 |
|  | GuocoLand Ltd. | 157833 | 263018 |
|  | Haw Par Corp. Ltd. | 75500 | 858417 |
|  | Ho Bee Land Ltd. | 141800 | 245038 |
|  | Hong Fok Corp. Ltd. | 293080 | 173312 |
|  | Hong Leong Asia Ltd. | 224400 | 415164 |
| # | Hong Leong Finance <br> Ltd.<br>| 183200 | 367307 |
|  | Hongkong Land <br> Holdings Ltd.<br>| 138100 | 843835 |
|  | Hotel Grand Central <br> Ltd.<br>| 32847 | 17658 |
|  | Hour Glass Ltd. | 208200 | 335860 |
|  | Hutchison Port <br> Holdings Trust<br>| 3829500 | 804551 |
| \*†† | Hyflux Ltd. | 455600 | 0 |
|  | iFAST Corp. Ltd. | 45100 | 335463 |
|  | ISDN Holdings Ltd. | 159169 | 52009 |
|  | Jardine Cycle & <br> Carriage Ltd.<br>| 46444 | 1159687 |
|  | Keppel Ltd. | 38300 | 299519 |
|  | KSH Holdings Ltd. | 82000 | 25502 |
|  | LHN Ltd. | 55600 | 34845 |
|  | Low Keng Huat <br> Singapore Ltd.<br>| 20400 | 10799 |
|  | Mandarin Oriental <br> International Ltd.<br>| 80500 | 263771 |
|  | Marco Polo Marine <br> Ltd.<br>| 2024500 | 163486 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
| \* | Mermaid Maritime <br> PCL<br>| 531400 | $51071 |
| #\*†† | Midas Holdings Ltd. | 1120000 | 0 |
|  | Nanofilm Technologies <br> International Ltd.<br>| 11500 | 6131 |
|  | Netlink NBN Trust | 125100 | 94177 |
| \* | Oceanus Group Ltd. | 2050000 | 7821 |
|  | Olam Group Ltd. | 359035 | 270535 |
| # | OUE Ltd. | 141000 | 138703 |
|  | Oversea-Chinese <br> Banking Corp. Ltd.<br>| 188346 | 2463829 |
|  | Pan-United Corp. Ltd. | 84950 | 73032 |
|  | Propnex Ltd. | 72000 | 123936 |
|  | QAF Ltd. | 150253 | 103367 |
|  | Raffles Medical Group <br> Ltd.<br>| 184698 | 140540 |
| \* | Rex International <br> Holding Ltd.<br>| 921400 | 118445 |
| # | Riverstone Holdings <br> Ltd.<br>| 46100 | 31870 |
| # | Samudera Shipping <br> Line Ltd.<br>| 331600 | 247034 |
|  | SATS Ltd. | 35792 | 93997 |
|  | Seatrium Ltd. | 743922 | 1241038 |
|  | Sembcorp Industries <br> Ltd.<br>| 330100 | 1653981 |
|  | Sheng Siong Group <br> Ltd.<br>| 408200 | 727311 |
|  | Sing Investments & <br> Finance Ltd.<br>| 20250 | 24880 |
|  | Singapore Airlines <br> Ltd.<br>| 573250 | 2918138 |
|  | Singapore Exchange <br> Ltd.<br>| 175700 | 2279804 |
|  | Singapore Land <br> Group Ltd.<br>| 104584 | 247509 |
| # | Singapore Post Ltd. | 1109000 | 358277 |
|  | Singapore <br> Technologies <br> Engineering Ltd.<br>| 220100 | 1433964 |
|  | Singapore <br> Telecommunications <br> Ltd.<br>| 23200 | 75726 |
|  | Stamford Land Corp. <br> Ltd.<br>| 471811 | 181311 |
|  | StarHub Ltd. | 57000 | 50780 |
|  | Straits Trading Co. <br> Ltd.<br>| 120740 | 155847 |
| \*†† | Swiber Holdings Ltd. | 189500 | 0 |
|  | Tai Sin Electric Ltd. | 29600 | 14781 |
|  | Tiong Woon Corp. <br> Holding Ltd.<br>| 71100 | 44263 |
|  | Tuan Sing Holdings <br> Ltd.<br>| 259361 | 68827 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | UMS Integration Ltd. | 305827 | $347312 |
|  | United Overseas Bank <br> Ltd.<br>| 142582 | 3792318 |
|  | UOB-Kay Hian <br> Holdings Ltd.<br>| 323004 | 607242 |
|  | UOL Group Ltd. | 94587 | 577852 |
|  | Valuetronics Holdings <br> Ltd.<br>| 270700 | 177722 |
|  | Venture Corp. Ltd. | 66200 | 757579 |
|  | Wee Hur Holdings <br> Ltd.<br>| 169300 | 93994 |
|  | Wilmar International <br> Ltd.<br>| 93600 | 224931 |
|  | Wing Tai Holdings <br> Ltd.<br>| 281768 | 309710 |
|  | Yangzijiang <br> Shipbuilding <br> Holdings Ltd.<br>| 1009700 | 2726953 |
| TOTAL SINGAPORE | TOTAL SINGAPORE |  | 42680377 |
| SPAIN — (3.1%) | SPAIN — (3.1%) | SPAIN — (3.1%) | SPAIN — (3.1%) |
|  | Acciona SA | 9885 | 2187966 |
|  | Acerinox SA | 117835 | 1517462 |
|  | ACS Actividades de <br> Construccion y <br> Servicios SA<br>| 55302 | 4540842 |
| Ω | Aedas Homes SA | 3698 | 90761 |
| Ω | Aena SME SA | 145600 | 3954666 |
|  | Alantra Partners SA | 5810 | 58006 |
|  | Almirall SA | 26738 | 384827 |
|  | Amadeus IT Group <br> SA<br>| 99529 | 7608066 |
| #\* | Amper SA | 257385 | 42964 |
|  | Atresmedia Corp. de <br> Medios de <br> Comunicacion SA<br>| 59052 | 357415 |
|  | Audax Renovables <br> SA<br>| 28289 | 45026 |
|  | Banco Bilbao Vizcaya <br> Argentaria SA <br> (BBVA SM)<br>| 638886 | 12871042 |
|  | Banco de Sabadell <br> SA<br>| 4364413 | 16361727 |
|  | Banco Santander SA <br> (SAN SM)<br>| 589465 | 6006758 |
|  | Bankinter SA | 579148 | 8730213 |
|  | CaixaBank SA | 621280 | 6566772 |
| Ω | Cellnex Telecom SA | 4358 | 135672 |
|  | CIE Automotive SA | 26019 | 872597 |
|  | Construcciones y <br> Auxiliar de <br> Ferrocarriles SA<br>| 15777 | 996193 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
|  | Corp. ACCIONA <br> Energias <br> Renovables SA<br>| 36631 | $1007747 |
|  | Ebro Foods SA | 24864 | 506770 |
| \* | eDreams ODIGEO <br> SA<br>| 21506 | 179992 |
|  | Elecnor SA | 21392 | 697833 |
| # | Ence Energia y <br> Celulosa SA<br>| 74969 | 228962 |
|  | Endesa SA | 103428 | 3707895 |
| \* | Ercros SA | 80582 | 297378 |
|  | Faes Farma SA | 178154 | 916969 |
|  | Ferrovial SE | 6514 | 399727 |
|  | Fluidra SA | 5471 | 158355 |
| #Ω | Gestamp Automocion <br> SA<br>| 169006 | 653948 |
| Ω | Global Dominion <br> Access SA<br>| 30769 | 112751 |
|  | Grifols SA | 61816 | 801005 |
|  | Grupo Catalana <br> Occidente SA<br>| 21163 | 1207505 |
|  | Grupo Empresarial <br> San Jose SA<br>| 8089 | 65466 |
|  | Iberdrola SA | 38730 | 784915 |
|  | Iberpapel Gestion SA <br> (IBG SM)<br>| 7699 | 176687 |
|  | Indra Sistemas SA | 80889 | 4474548 |
| # | Industria de Diseno <br> Textil SA<br>| 104163 | 5751921 |
|  | Laboratorio Reig Jofre <br> SA<br>| 5918 | 19875 |
|  | Laboratorios <br> Farmaceuticos Rovi <br> SA<br>| 2623 | 184935 |
|  | Linea Directa <br> Aseguradora SA <br> Cia de Seguros y <br> Reaseguros<br>| 19991 | 26494 |
|  | Logista Integral SA | 33132 | 1104197 |
|  | Mapfre SA | 384648 | 1698735 |
|  | Melia Hotels <br> International SA<br>| 71366 | 590560 |
|  | Miquel y Costas & <br> Miquel SA<br>| 12334 | 189017 |
|  | Naturgy Energy Group <br> SA<br>| 8341 | 252638 |
| Ω | Neinor Homes SA | 23065 | 458626 |
| \* | Obrascon Huarte Lain <br> SA<br>| 143384 | 75201 |
| Ω | Prosegur Cash SA | 184092 | 150636 |
|  | Repsol SA (REP SM) | 392409 | 7200451 |
|  | Sacyr SA | 396624 | 1744751 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
| \* | Solaria Energia y <br> Medio Ambiente <br> SA<br>| 8776 | $151763 |
| \* | Tecnicas Reunidas <br> SA<br>| 40468 | 1448428 |
| # | Telefonica SA (TEF <br> SM)<br>| 1766333 | 8957382 |
| # | Telefonica SA (TEF <br> US), Sponsored <br> ADR<br>| 22622 | 114241 |
| # | Tubacex SA | 103423 | 393967 |
| Ω | Unicaja Banco SA | 915509 | 2471703 |
|  | Vidrala SA | 11819 | 1125830 |
|  | Viscofan SA | 22413 | 1392924 |
| TOTAL SPAIN | TOTAL SPAIN |  | 125211703 |
| SWEDEN — (2.6%) | SWEDEN — (2.6%) | SWEDEN — (2.6%) | SWEDEN — (2.6%) |
|  | AAK AB | 6365 | 177982 |
| Ω | AcadeMedia AB | 148168 | 1636231 |
|  | AddLife AB, Class B | 4638 | 100198 |
|  | Addnode Group AB | 35044 | 407845 |
|  | AddTech AB, Class B | 24659 | 830779 |
|  | AFRY AB | 70644 | 1211904 |
|  | Alfa Laval AB | 13370 | 635445 |
| Ω | Alimak Group AB | 3407 | 50333 |
|  | Alleima AB | 102120 | 881932 |
|  | Alligo AB, Class B | 23010 | 287101 |
| Ω | Ambea AB | 149513 | 2015892 |
|  | AQ Group AB | 36184 | 745694 |
|  | Arise AB | 19767 | 62402 |
|  | Arjo AB, Class B | 187661 | 595497 |
| \* | Asmodee Group AB, <br> Class B<br>| 6759 | 87103 |
| # | Assa Abloy AB, <br> Class B<br>| 17058 | 642823 |
|  | Atlas Copco AB <br> (ATCOA SS), <br> Class A<br>| 60953 | 1021332 |
|  | Atlas Copco AB <br> (ATCOB SS), <br> Class B<br>| 39847 | 596078 |
| Ω | Attendo AB | 233959 | 1985055 |
|  | Avanza Bank Holding <br> AB<br>| 19515 | 750050 |
|  | Axfood AB | 25059 | 682836 |
|  | Beijer Alma AB | 23618 | 720959 |
|  | Beijer Ref AB | 1784 | 28191 |
| # | Bergman & Beving <br> AB<br>| 26014 | 918245 |
|  | Betsson AB, Class B | 111000 | 1729891 |
| #\* | Better Collective AS | 2320 | 28464 |
| \* | BHG Group AB | 146592 | 442426 |
|  | Bilia AB, Class A | 73360 | 1027063 |
|  | Billerud Aktiebolag | 97388 | 901172 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Bjorn Borg AB | 12770 | $85842 |
| \* | Boliden AB | 34676 | 1554957 |
| \* | Bonava AB, Class B | 295374 | 344832 |
| Ω | Bravida Holding AB | 63022 | 532680 |
|  | Bufab AB | 31115 | 341981 |
|  | Bulten AB | 24177 | 124021 |
|  | Bure Equity AB | 46583 | 1364291 |
|  | Byggmax Group AB | 114531 | 582607 |
|  | Catella AB | 34317 | 112096 |
|  | Cellavision AB | 1475 | 27954 |
| \* | Cint Group AB | 305886 | 116179 |
|  | Clas Ohlson AB, <br> Class B<br>| 53721 | 1959137 |
|  | Cloetta AB, Class B | 172079 | 640835 |
| Ω | Coor Service <br> Management <br> Holding AB<br>| 35669 | 175151 |
| Ω | Dometic Group AB | 41557 | 203131 |
|  | Duni AB | 6770 | 75460 |
| \* | Dynavox Group AB | 36809 | 378723 |
|  | Eastnine AB | 50738 | 267160 |
|  | Electrolux <br> Professional AB, <br> Class B<br>| 24801 | 172254 |
|  | Elekta AB, Class B | 37472 | 190463 |
| \* | Embracer Group AB | 37682 | 392710 |
| \* | Enad Global 7 AB | 25501 | 45620 |
| \* | Enea AB | 9415 | 68948 |
| # | Engcon AB | 5725 | 49554 |
|  | Ependion AB | 18185 | 234784 |
|  | Epiroc AB (EPIA SS), <br> Class A<br>| 18178 | 383300 |
|  | Epiroc AB (EPIB SS), <br> Class B<br>| 10758 | 200772 |
|  | Essity AB (ESSITYA <br> SS), Class A<br>| 1404 | 38592 |
|  | Essity AB (ESSITYB <br> SS), Class B<br>| 23376 | 642083 |
|  | Ework Group AB | 3688 | 36969 |
|  | Fagerhult Group AB | 4700 | 22841 |
|  | Fasadgruppen Group <br> AB<br>| 3314 | 10404 |
| \* | Fastighetsbolaget <br> Emilshus AB, <br> Class B<br>| 817 | 5018 |
|  | Fenix Outdoor <br> International AG<br>| 272 | 15006 |
|  | Getinge AB, Class B | 20594 | 482429 |
|  | Granges AB | 85123 | 1245592 |
| \*Ω | Green Landscaping <br> Group AB<br>| 1917 | 9427 |
| \* | Gruvaktiebolaget <br> Viscaria<br>| 25501 | 51322 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
| # | H & M Hennes & <br> Mauritz AB, <br> Class B<br>| 81909 | $1546943 |
|  | Hanza AB | 20067 | 276999 |
|  | Hemnet Group AB | 20795 | 453865 |
|  | Hexagon AB, Class B | 2693 | 32827 |
|  | Hexpol AB | 49640 | 451338 |
| \* | HMS Networks AB | 5349 | 296916 |
| Ω | Hoist Finance AB | 49155 | 512248 |
| # | Holmen AB (HOLMB <br> SS), Class B<br>| 11216 | 423807 |
|  | Humana AB | 63418 | 323010 |
|  | Husqvarna AB <br> (HUSQA SS), <br> Class A<br>| 5896 | 28011 |
| # | Husqvarna AB <br> (HUSQB SS), <br> Class B<br>| 57812 | 273742 |
|  | Indutrade AB | 10461 | 279646 |
|  | Instalco AB | 42245 | 107045 |
| \* | International <br> Petroleum Corp. <br> (IPCO CN)<br>| 4171 | 66257 |
| #\* | International <br> Petroleum Corp. <br> (IPCO SS)<br>| 100721 | 1567458 |
|  | INVISIO AB | 1764 | 56091 |
|  | Inwido AB | 68574 | 1030881 |
| \* | ITAB Shop Concept <br> AB<br>| 14564 | 30718 |
|  | JM AB | 30901 | 439938 |
|  | Kabe Group AB, <br> Class B<br>| 3063 | 73460 |
| \* | Karnov Group AB | 43128 | 508894 |
| #\* | K-fast Holding AB | 25035 | 38467 |
|  | KNOW IT AB | 22425 | 286235 |
|  | Lagercrantz Group <br> AB, Class B<br>| 52614 | 1287188 |
|  | Lifco AB, Class B | 7820 | 301926 |
|  | Lime Technologies <br> AB<br>| 3344 | 125744 |
| # | Lindab International <br> AB<br>| 30973 | 740946 |
|  | Loomis AB | 49045 | 1975799 |
| \* | Medcap AB | 4609 | 295154 |
|  | Medicover AB, <br> Class B<br>| 12360 | 336026 |
|  | MEKO AB | 31133 | 251831 |
|  | Midsona AB, Class B | 14941 | 12915 |
| \* | Modern Times Group <br> MTG AB, Class B<br>| 48652 | 654001 |
|  | Momentum Group AB | 21198 | 363049 |
| Ω | Munters Group AB | 39397 | 666778 |
|  | Mycronic AB | 29374 | 689078 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
| \* | NCAB Group AB | 4624 | $28422 |
| # | NCC AB, Class B | 86929 | 1981624 |
|  | Nederman Holding <br> AB<br>| 5172 | 87742 |
| \* | Net Insight AB, <br> Class B<br>| 87004 | 34835 |
|  | New Wave Group AB, <br> Class B<br>| 60213 | 709649 |
| # | Nibe Industrier AB, <br> Class B<br>| 9620 | 37434 |
|  | Nilorngruppen AB, <br> Class B<br>| 7451 | 48599 |
|  | Nolato AB, Class B | 72214 | 477901 |
|  | Nordnet AB publ | 31491 | 909311 |
| \* | Norion Bank AB | 34174 | 254621 |
|  | Note AB | 5612 | 111425 |
|  | OEM International AB, <br> Class B<br>| 10320 | 167843 |
| #\* | Orron Energy AB | 7830 | 3604 |
|  | Pandox AB | 20998 | 418944 |
|  | Peab AB, Class B | 140435 | 1136553 |
|  | Proact IT Group AB | 22638 | 245827 |
|  | Ratos AB, Class B | 236361 | 956200 |
|  | RaySearch <br> Laboratories AB<br>| 25344 | 594892 |
|  | Rejlers AB | 9352 | 195627 |
| \* | Rottneros AB | 115839 | 33193 |
|  | Rvrc Holding AB | 35929 | 245726 |
|  | Saab AB, Class B | 1715 | 94370 |
|  | Sandvik AB | 58321 | 1763596 |
|  | Scandi Standard AB | 50561 | 523631 |
| Ω | Scandic Hotels Group <br> AB<br>| 139436 | 1355313 |
| \* | Sdiptech AB, Class B | 18572 | 369740 |
|  | Sectra AB, Class B | 24127 | 765360 |
| # | Securitas AB, Class B | 86558 | 1275073 |
| \* | Sensys Gatso Group <br> AB<br>| 13401 | 53397 |
| \*Ω | Sinch AB | 386738 | 1400440 |
| \* | Sivers <br> Semiconductors AB<br>| 104443 | 41380 |
|  | Skandinaviska <br> Enskilda Banken AB <br> (SEBA SS), <br> Class A<br>| 163787 | 3126624 |
|  | Skandinaviska <br> Enskilda Banken AB <br> (SEBC SS), <br> Class C<br>| 2134 | 41550 |
|  | Skanska AB, Class B | 32847 | 894490 |
|  | SKF AB (SKFA SS), <br> Class A<br>| 6538 | 170493 |
|  | SKF AB (SKFB SS), <br> Class B<br>| 75257 | 1928989 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | SkiStar AB | 28609 | $477716 |
|  | Softronic AB, Class B | 12877 | 30697 |
| # | Solid Forsakring AB | 14851 | 120796 |
|  | SSAB AB (SSABA <br> SS), Class A<br>| 91373 | 577985 |
|  | SSAB AB (SSABAH <br> FH), Class A<br>| 19797 | 123512 |
|  | SSAB AB (SSABB <br> SS), Class B<br>| 189962 | 1176224 |
|  | SSAB AB (SSABBH <br> FH), Class B<br>| 112074 | 695793 |
| \* | Stillfront Group AB | 116224 | 78852 |
|  | Storskogen Group AB, <br> Class B<br>| 556612 | 575123 |
|  | Svedbergs Group AB | 4526 | 28231 |
|  | Svenska Cellulosa AB <br> SCA (SCAA SS), <br> Class A<br>| 4829 | 64665 |
|  | Svenska Cellulosa AB <br> SCA (SCAB SS), <br> Class B<br>| 77203 | 1028355 |
| # | Svenska <br> Handelsbanken AB <br> (SHBA SS), <br> Class A<br>| 49338 | 643828 |
| # | Svenska <br> Handelsbanken AB <br> (SHBB SS), <br> Class B<br>| 1033 | 22623 |
|  | Sweco AB, Class B | 41777 | 752769 |
|  | Swedbank AB, <br> Class A<br>| 70453 | 2139008 |
| \* | Swedish Orphan <br> Biovitrum AB<br>| 2644 | 91094 |
|  | Synsam AB | 76643 | 484979 |
|  | Systemair AB | 52762 | 433770 |
|  | Tele2 AB, Class B | 246030 | 3908402 |
|  | Telefonaktiebolaget <br> LM Ericsson <br> (ERICA SS), <br> Class A<br>| 6776 | 68853 |
|  | Telefonaktiebolaget <br> LM Ericsson <br> (ERICB SS), <br> Class B<br>| 647254 | 6566949 |
|  | Telia Co. AB | 775558 | 3053115 |
|  | TF Bank AB | 16170 | 315216 |
| Ω | Thule Group AB | 4392 | 112525 |
| #\* | Tobii AB | 89580 | 16546 |
|  | Trelleborg AB, <br> Class B<br>| 5210 | 217425 |
|  | Troax Group AB | 15129 | 229326 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | VBG Group AB, <br> Class B<br>| 15984 | $607872 |
| \* | Vestum AB | 10661 | 9755 |
|  | Vitec Software Group <br> AB, Class B<br>| 1784 | 62263 |
|  | Vitrolife AB | 5298 | 81769 |
|  | Volati AB | 4371 | 49296 |
|  | Volvo AB (VOLVA SS), <br> Class A<br>| 39312 | 1074292 |
|  | Volvo AB (VOLVB <br> SS), Class B<br>| 276710 | 7580483 |
| #\* | Volvo Car AB, <br> Class B<br>| 67085 | 232460 |
|  | XANO Industri AB, <br> Class B<br>| 499 | 3274 |
| #\* | Xbrane Biopharma <br> AB<br>| 5900 | 6648 |
| TOTAL SWEDEN | TOTAL SWEDEN |  | 107418186 |
| SWITZERLAND — (7.1%) | SWITZERLAND — (7.1%) | SWITZERLAND — (7.1%) | SWITZERLAND — (7.1%) |
|  | ABB Ltd. | 82312 | 6119693 |
|  | Accelleron Industries <br> AG (ACLN SW)<br>| 43933 | 3601256 |
|  | Adecco Group AG | 5683 | 158456 |
| # | Alcon AG | 92803 | 6878647 |
|  | Allreal Holding AG | 11150 | 2664947 |
|  | ALSO Holding AG | 5361 | 1540385 |
| \* | Amrize Ltd. | 114220 | 5910417 |
| \* | ams-OSRAM AG | 40606 | 561885 |
|  | APG SGA SA | 844 | 222393 |
|  | Arbonia AG | 28816 | 182215 |
| \* | Aryzta AG | 24464 | 1568563 |
|  | Ascom Holding AG | 9562 | 42539 |
|  | Autoneum Holding <br> AG<br>| 4725 | 939950 |
|  | Avolta AG | 73818 | 3891243 |
|  | Baloise Holding AG | 27155 | 6743700 |
|  | Banque Cantonale de <br> Geneve<br>| 18920 | 586527 |
|  | Banque Cantonale <br> Vaudoise<br>| 12534 | 1455280 |
| # | Barry Callebaut AG | 146 | 189806 |
| \* | Basilea <br> Pharmaceutica Ag <br> Allschwil<br>| 853 | 49404 |
|  | Belimo Holding AG | 555 | 598814 |
|  | Bell Food Group AG | 1891 | 542571 |
|  | Berner Kantonalbank <br> AG<br>| 5413 | 1763418 |
|  | Bossard Holding AG, <br> Class A<br>| 6265 | 1361411 |
|  | Bucher Industries AG | 7246 | 3215230 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Burckhardt <br> Compression <br> Holding AG<br>| 2497 | $1727040 |
|  | Burkhalter Holding <br> AG<br>| 2829 | 502386 |
|  | Bystronic AG | 460 | 170969 |
| \* | Carlo Gavazzi Holding <br> AG<br>| 241 | 47799 |
|  | Cembra Money Bank <br> AG<br>| 28673 | 3278844 |
|  | Chocoladefabriken <br> Lindt & Spruengli <br> AG<br>| 6 | 919112 |
| \* | Cicor Technologies <br> Ltd.<br>| 2328 | 640217 |
|  | Cie Financiere <br> Richemont SA, <br> Class A<br>| 23249 | 4598782 |
|  | Cie Financiere <br> Tradition SA<br>| 1519 | 575185 |
|  | Clariant AG | 33140 | 297136 |
|  | Coltene Holding AG | 2682 | 151150 |
|  | COSMO <br> Pharmaceuticals <br> NV<br>| 5288 | 445036 |
|  | CPH Group AG | 566 | 49286 |
|  | Daetwyler Holding AG | 2074 | 382447 |
|  | DKSH Holding AG | 25623 | 1786835 |
|  | dormakaba Holding <br> AG<br>| 21670 | 1850981 |
|  | DSM-Firmenich AG | 6231 | 507882 |
|  | EFG International AG | 90269 | 1882370 |
|  | Emmi AG | 1461 | 1298195 |
|  | EMS-Chemie Holding <br> AG<br>| 172 | 117808 |
|  | Flughafen Zurich AG | 15555 | 4594724 |
|  | Forbo Holding AG | 252 | 231540 |
| Ω | Galenica AG | 42842 | 4617152 |
|  | Geberit AG | 8236 | 6020712 |
|  | Georg Fischer AG | 58377 | 4121963 |
|  | Glarner Kantonalbank | 2221 | 56862 |
| \* | Gurit Holding AG, <br> Class BR<br>| 637 | 8291 |
|  | Helvetia Holding AG | 25170 | 6184992 |
|  | Holcim AG (HOLN <br> SW)<br>| 114677 | 10194924 |
|  | Huber & Suhner AG | 16328 | 2990418 |
|  | Hypothekarbank <br> Lenzburg AG<br>| 6 | 29845 |
|  | Implenia AG | 14151 | 1122885 |
|  | Inficon Holding AG | 4890 | 586646 |
|  | Interroll Holding AG | 430 | 1326939 |
|  | Investis Holding SA | 2127 | 347605 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Julius Baer Group <br> Ltd.<br>| 66248 | $4472304 |
|  | Jungfraubahn Holding <br> AG<br>| 3969 | 1166768 |
|  | Kardex Holding AG | 4164 | 1566251 |
| \* | Komax Holding AG | 1218 | 100363 |
|  | Kuehne & Nagel <br> International AG<br>| 4892 | 938513 |
|  | Landis & Gyr Group <br> AG<br>| 25532 | 1849658 |
|  | Lastminute.com NV | 905 | 14651 |
| \* | LEM Holding SA | 126 | 71556 |
|  | Liechtensteinische <br> Landesbank AG<br>| 13091 | 1287877 |
|  | Logitech International <br> SA (LOGN SW)<br>| 4072 | 489530 |
|  | Lonza Group AG | 1341 | 926003 |
|  | Luzerner <br> Kantonalbank AG<br>| 13887 | 1412684 |
| Ω | Medacta Group SA | 1480 | 274219 |
|  | Meier Tobler Group <br> AG<br>| 4847 | 237877 |
| # | Metall Zug AG, <br> Class B<br>| 115 | 106264 |
|  | Mikron Holding AG | 6796 | 180722 |
|  | Mobimo Holding AG | 8741 | 3705152 |
| \*Ω | Montana Aerospace <br> AG<br>| 10534 | 417641 |
|  | Naturenergie Holding <br> AG<br>| 3653 | 150653 |
|  | Nestle SA | 162887 | 15563599 |
|  | Novartis AG (NOVN <br> SW)<br>| 23271 | 2880057 |
|  | Novartis AG (NVS <br> US), Sponsored <br> ADR<br>| 223234 | 27633826 |
|  | Partners Group <br> Holding AG<br>| 2076 | 2542304 |
|  | Phoenix Mecano AG | 626 | 341205 |
| \*Ω | PolyPeptide Group <br> AG<br>| 13862 | 448940 |
|  | Rieter Holding AG | 27196 | 116143 |
|  | Roche Holding AG <br> (RO SW)<br>| 2541 | 862068 |
|  | Roche Holding AG <br> (ROG SW)<br>| 52136 | 16887902 |
|  | Sandoz Group AG <br> (SDZ SW)<br>| 65204 | 4347607 |
|  | Sandoz Group AG <br> (SDZNY US), ADR<br>| 22234 | 1479201 |
|  | Schindler Holding AG | 1913 | 646670 |
|  | Schweiter <br> Technologies AG<br>| 63 | 21586 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
| # | Schweizerische <br> Nationalbank<br>| 5 | $21991 |
| \*Ω | Sensirion Holding AG | 2087 | 149556 |
|  | SFS Group AG | 15315 | 2076972 |
|  | SGS SA | 27718 | 3125753 |
|  | Siegfried Holding AG | 29730 | 2867746 |
|  | Sika AG | 1591 | 311816 |
|  | Softwareone Holding <br> AG<br>| 2343 | 24076 |
|  | Sonova Holding AG | 1793 | 489077 |
|  | St. Galler <br> Kantonalbank AG<br>| 2464 | 1562960 |
|  | Sulzer AG | 19275 | 3221332 |
| # | Swatch Group AG <br> (UHR SW)<br>| 1329 | 277743 |
| # | Swatch Group AG <br> (UHRN SW)<br>| 13245 | 561599 |
|  | Swiss Life Holding <br> AG<br>| 7783 | 8448073 |
|  | Swiss Prime Site AG | 49392 | 7020722 |
|  | Swiss Re AG | 60123 | 10978576 |
| # | Swisscom AG | 10284 | 7533263 |
|  | Swissquote Group <br> Holding SA<br>| 10916 | 6935398 |
|  | Thurgauer <br> Kantonalbank<br>| 163 | 31601 |
|  | TX Group AG | 2947 | 744297 |
| \* | u-blox Holding AG | 4935 | 825413 |
| #\* | UBS Group AG (UBS <br> US)<br>| 7186 | 275667 |
|  | UBS Group AG <br> (UBSG SW)<br>| 194963 | 7460320 |
|  | Valiant Holding AG | 13439 | 2211963 |
| Ω | VAT Group AG | 852 | 372338 |
|  | Vaudoise Assurances <br> Holding SA<br>| 652 | 500729 |
|  | Vetropack Holding AG | 5026 | 134055 |
|  | Vontobel Holding AG | 27971 | 2121016 |
|  | VP Bank AG, Class A | 1813 | 181864 |
|  | VZ Holding AG | 8536 | 1667490 |
|  | V-ZUG Holding AG | 879 | 45312 |
|  | Walliser <br> Kantonalbank<br>| 1868 | 299658 |
|  | Ypsomed Holding AG | 126 | 49473 |
|  | Zehnder Group AG | 8980 | 791289 |
|  | Zug Estates Holding <br> AG, Class B<br>| 260 | 691310 |
|  | Zuger Kantonalbank | 98 | 1069016 |
|  | Zurich Insurance <br> Group AG<br>| 8171 | 5682694 |
| TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 288355660 |
| UNITED KINGDOM — (10.0%) | UNITED KINGDOM — (10.0%) | UNITED KINGDOM — (10.0%) | UNITED KINGDOM — (10.0%) |
|  | 3i Group PLC | 32200 | 1863433 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | 4imprint Group PLC | 11660 | $510623 |
|  | Aberdeen Group PLC | 757995 | 2021599 |
| \* | Accesso Technology <br> Group PLC<br>| 5053 | 23545 |
|  | Admiral Group PLC | 36363 | 1565689 |
|  | Advanced Medical <br> Solutions Group <br> PLC<br>| 59728 | 168748 |
| \* | Afentra PLC | 51932 | 31048 |
|  | AG Barr PLC | 27916 | 245373 |
| Ω | Airtel Africa PLC | 454430 | 1652614 |
|  | AJ Bell PLC | 138023 | 974413 |
| Ω | Alfa Financial <br> Software Holdings <br> PLC<br>| 62803 | 187076 |
|  | Anglo American PLC | 53044 | 2006793 |
|  | Anglo-Eastern <br> Plantations PLC<br>| 16732 | 307785 |
|  | Antofagasta PLC | 16978 | 623133 |
| \* | AO World PLC | 151274 | 211557 |
|  | Ashmore Group PLC | 10809 | 26685 |
|  | Ashtead Group PLC | 127317 | 8504109 |
|  | Associated British <br> Foods PLC<br>| 34468 | 1040125 |
|  | AstraZeneca PLC <br> (AZN US), <br> Sponsored ADR<br>| 178300 | 14691920 |
|  | Atalaya Mining <br> Copper SA<br>| 2664 | 23961 |
| \* | Auction Technology <br> Group PLC<br>| 1188 | 4825 |
| Ω | Auto Trader Group <br> PLC<br>| 223252 | 2290361 |
|  | Aviva PLC | 204514 | 1797534 |
|  | Avon Technologies <br> PLC<br>| 2059 | 51878 |
|  | B&M European Value <br> Retail SA<br>| 134289 | 317084 |
|  | Babcock International <br> Group PLC<br>| 295445 | 4717968 |
|  | BAE Systems PLC | 91186 | 2246227 |
| Ω | Bakkavor Group PLC | 154207 | 449440 |
|  | Balfour Beatty PLC | 168944 | 1493139 |
|  | Barclays PLC (BARC <br> LN)<br>| 674450 | 3617494 |
|  | Barclays PLC (BCS <br> US), Sponsored <br> ADR<br>| 70834 | 1522223 |
|  | Barratt Redrow PLC | 560369 | 2772974 |
|  | Beazley PLC | 168553 | 2062042 |
|  | Bellway PLC | 51846 | 1789360 |
|  | Berkeley Group <br> Holdings PLC<br>| 22346 | 1183780 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Bloomsbury <br> Publishing PLC<br>| 50401 | $330710 |
|  | Bodycote PLC | 143576 | 1164065 |
|  | BP PLC (BP LN) | 1487940 | 8717554 |
|  | BP PLC (BP US), <br> Sponsored ADR<br>| 4950 | 173894 |
|  | Breedon Group PLC | 160457 | 726342 |
| Ω | Bridgepoint Group <br> PLC<br>| 42729 | 169226 |
|  | British American <br> Tobacco PLC <br> (BATS LN)<br>| 144281 | 7389423 |
|  | British American <br> Tobacco PLC (BTI <br> US), Sponsored <br> ADR<br>| 1755 | 89838 |
| # | Brooks Macdonald <br> Group PLC<br>| 2498 | 57254 |
|  | BT Group PLC | 3828974 | 9344890 |
|  | Bunzl PLC | 15944 | 484661 |
| \* | Burberry Group PLC | 150677 | 2452669 |
|  | Burford Capital Ltd. | 55297 | 543224 |
|  | Bytes Technology <br> Group PLC (BYIT <br> LN)<br>| 10454 | 50948 |
|  | C&C Group PLC | 140783 | 252936 |
| \* | Canal & SA | 161833 | 509602 |
|  | Capital Ltd. | 117538 | 185269 |
|  | Card Factory PLC | 389145 | 528859 |
| \* | Carnival PLC (CCL <br> LN)<br>| 314 | 8158 |
| \* | Carnival PLC (CUK <br> US), ADR<br>| 17224 | 447996 |
|  | Castings PLC | 1334 | 4269 |
|  | Central Asia Metals <br> PLC<br>| 121001 | 253066 |
|  | Centrica PLC | 2083514 | 4910428 |
|  | Chemring Group PLC | 44535 | 335716 |
|  | Chesnara PLC | 145725 | 526579 |
|  | Clarkson PLC | 13279 | 632933 |
| \* | Close Brothers Group <br> PLC<br>| 132896 | 733072 |
| Ω | CMC Markets PLC | 101905 | 288320 |
|  | Coats Group PLC | 1046043 | 1124127 |
|  | Coca-Cola HBC AG | 37278 | 1691603 |
|  | Compass Group PLC | 65028 | 2152415 |
|  | Computacenter PLC | 25723 | 969305 |
| Ω | Convatec Group PLC | 41872 | 134475 |
|  | Costain Group PLC | 146961 | 296370 |
|  | Cranswick PLC | 8131 | 527496 |
|  | Crest Nicholson <br> Holdings PLC<br>| 340903 | 741169 |
|  | Croda International <br> PLC<br>| 3011 | 114282 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Currys PLC | 989115 | $1825713 |
|  | CVS Group PLC | 21707 | 354111 |
|  | DCC PLC | 19035 | 1254007 |
| \* | DFS Furniture PLC | 126133 | 264061 |
|  | Diploma PLC | 2859 | 210917 |
|  | DiscoverIE Group <br> PLC<br>| 49130 | 375747 |
| # | Diversified Energy Co. <br> PLC (DEC LN)<br>| 16940 | 213770 |
|  | Dowlais Group PLC | 414070 | 449836 |
|  | Dr. Martens PLC | 103885 | 124263 |
|  | Drax Group PLC | 378778 | 3589936 |
|  | Dunelm Group PLC | 58420 | 857997 |
|  | easyJet PLC | 83048 | 528750 |
|  | Ecora Resources <br> PLC<br>| 123691 | 156071 |
|  | Elementis PLC | 223558 | 483236 |
|  | Energean PLC | 83379 | 1056717 |
|  | EnQuest PLC | 2434669 | 389200 |
|  | Entain PLC | 52436 | 546157 |
|  | Eurocell PLC | 42341 | 69230 |
|  | Experian PLC | 82899 | 3866837 |
|  | Fevara PLC | 4207 | 6686 |
|  | Firstgroup PLC | 858875 | 2372518 |
|  | Foresight Group <br> Holdings Ltd.<br>| 17500 | 104912 |
| Ω | Forterra PLC | 15878 | 37996 |
|  | Foxtons Group PLC | 198325 | 143338 |
| \* | Frasers Group PLC | 57024 | 547422 |
|  | Fresnillo PLC | 55053 | 1609923 |
| \* | Frontier Developments <br> PLC<br>| 8719 | 59750 |
|  | Fuller Smith & Turner <br> PLC, Class A<br>| 27208 | 220269 |
| \*Ω | Funding Circle <br> Holdings PLC<br>| 22235 | 38657 |
|  | Galliford Try Holdings <br> PLC<br>| 106890 | 729554 |
|  | Games Workshop <br> Group PLC<br>| 14940 | 3128558 |
| \* | Gaming Realms PLC | 141719 | 76647 |
|  | Gamma <br> Communications <br> PLC<br>| 2192 | 28617 |
|  | GB Group PLC | 94721 | 293206 |
| \* | Genel Energy PLC | 88062 | 74321 |
|  | Genuit Group PLC | 130697 | 635441 |
| \* | Georgia Capital PLC | 28802 | 980145 |
|  | Glencore PLC | 764042 | 3660194 |
|  | Gooch & Housego <br> PLC<br>| 12228 | 92512 |
|  | Goodwin PLC | 286 | 81622 |
|  | Grafton Group PLC, <br> CDI<br>| 112665 | 1408829 |
|  | Grainger PLC | 521679 | 1285344 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Greencore Group <br> PLC<br>| 408487 | $1279615 |
|  | Greggs PLC | 68837 | 1459020 |
| \* | Griffin Mining Ltd. | 37665 | 94169 |
|  | GSK PLC (GSK LN) | 71764 | 1680251 |
| # | GSK PLC (GSK US), <br> Sponsored ADR<br>| 201719 | 9452552 |
|  | Gulf Keystone <br> Petroleum Ltd.<br>| 285155 | 678794 |
| \* | Gulf Marine Services <br> PLC<br>| 466490 | 103062 |
| \*Ω | Gym Group PLC | 139580 | 255138 |
|  | Haleon PLC (HLN <br> LN)<br>| 16968 | 78905 |
|  | Halfords Group PLC | 223454 | 438982 |
|  | Harbour Energy PLC | 5348 | 15829 |
|  | Hargreaves Services <br> PLC<br>| 19428 | 167538 |
|  | Harworth Group PLC | 104174 | 224460 |
|  | Hays PLC | 20119 | 15623 |
| \* | Headlam Group PLC | 26964 | 18196 |
|  | Helical PLC | 109132 | 299096 |
| \* | Helios Towers PLC | 21116 | 41525 |
|  | Henry Boot PLC | 52650 | 153121 |
|  | Hikma <br> Pharmaceuticals <br> PLC<br>| 8723 | 211005 |
|  | Hill & Smith PLC | 27752 | 785298 |
|  | Hilton Food Group <br> PLC<br>| 8681 | 73411 |
|  | Hiscox Ltd. | 146977 | 2657095 |
|  | Hochschild Mining <br> PLC<br>| 452943 | 1968933 |
|  | Hollywood Bowl <br> Group PLC<br>| 149621 | 530092 |
| Ω | Hostelworld Group <br> PLC<br>| 38772 | 64737 |
|  | Howden Joinery <br> Group PLC<br>| 263686 | 2994909 |
|  | HSBC Holdings PLC <br> (HSBA LN)<br>| 259243 | 3629257 |
|  | HSBC Holdings PLC <br> (HSBC US), <br> Sponsored ADR<br>| 111006 | 7778190 |
|  | Hunting PLC | 130129 | 584377 |
| Ω | Ibstock PLC | 18912 | 33974 |
|  | ICG PLC | 16634 | 422565 |
|  | IG Group Holdings <br> PLC<br>| 227840 | 3335024 |
|  | IMI PLC | 102880 | 3234445 |
|  | Imperial Brands PLC | 238012 | 9457237 |
|  | Inchcape PLC | 294056 | 2950807 |
|  | Informa PLC | 24371 | 310324 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | IntegraFin Holdings <br> PLC<br>| 78153 | $372207 |
|  | International Personal <br> Finance PLC<br>| 224665 | 603692 |
|  | International <br> Workplace Group <br> PLC<br>| 273964 | 815346 |
|  | Intertek Group PLC | 27712 | 1845841 |
|  | Investec PLC | 86771 | 653354 |
| \* | IP Group PLC | 1061745 | 843775 |
|  | Ithaca Energy PLC | 16690 | 47806 |
|  | ITV PLC | 674708 | 617598 |
|  | J D Wetherspoon <br> PLC<br>| 84531 | 717143 |
|  | J Sainsbury PLC | 367069 | 1648098 |
| \* | James Fisher & Sons <br> PLC<br>| 41939 | 219177 |
|  | JD Sports Fashion <br> PLC<br>| 540948 | 662870 |
|  | JET2 PLC | 32832 | 573342 |
| \* | John Wood Group <br> PLC<br>| 475730 | 115244 |
|  | Johnson Matthey <br> PLC<br>| 29651 | 830414 |
|  | Johnson Service <br> Group PLC<br>| 332159 | 591493 |
|  | Jupiter Fund <br> Management PLC<br>| 185781 | 371893 |
|  | Just Group PLC | 767492 | 2142514 |
|  | Kainos Group PLC | 13116 | 162754 |
|  | Keller Group PLC | 102134 | 2130505 |
|  | Kier Group PLC | 305232 | 868522 |
|  | Kingfisher PLC | 457234 | 1854349 |
| # | Knights Group <br> Holdings PLC<br>| 24312 | 53754 |
|  | Lancashire Holdings <br> Ltd.<br>| 161145 | 1415049 |
|  | Legal & General <br> Group PLC<br>| 686237 | 2144434 |
|  | Lion Finance Group <br> PLC<br>| 39753 | 4184948 |
|  | Lloyds Banking Group <br> PLC (LLOY LN)<br>| 8411858 | 9862798 |
| # | Lloyds Banking Group <br> PLC (LYG US), <br> ADR<br>| 43332 | 204094 |
|  | London Stock <br> Exchange Group <br> PLC<br>| 3945 | 491673 |
|  | LSL Property Services <br> PLC<br>| 28265 | 94770 |
| Ω | Luceco PLC | 13306 | 23060 |
|  | M&G PLC | 185587 | 642533 |
|  | Man Group PLC | 639449 | 1766676 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Marks & Spencer <br> Group PLC<br>| 1182464 | $6179343 |
|  | Marshalls PLC | 19760 | 43831 |
| \* | Marston's PLC | 722235 | 434747 |
|  | McBride PLC | 98366 | 151605 |
|  | Me Group <br> International PLC<br>| 200583 | 496461 |
|  | Mears Group PLC | 152156 | 709194 |
|  | Melrose Industries <br> PLC<br>| 29821 | 245667 |
| \* | Metro Bank Holdings <br> PLC<br>| 139467 | 214636 |
| \* | Mitchells & Butlers <br> PLC<br>| 291273 | 931439 |
|  | Mitie Group PLC | 727166 | 1572833 |
|  | MJ Gleeson PLC | 15371 | 74534 |
|  | Mondi PLC | 56080 | 626848 |
|  | MONY Group PLC | 354885 | 905056 |
|  | Morgan Advanced <br> Materials PLC<br>| 167807 | 450010 |
|  | Morgan Sindall Group <br> PLC<br>| 23331 | 1425517 |
|  | MP Evans Group <br> PLC<br>| 6851 | 121534 |
|  | NatWest Group PLC <br> (NWG LN)<br>| 1485378 | 11435201 |
|  | NCC Group PLC | 57681 | 113451 |
|  | Next PLC | 23716 | 4456000 |
|  | Ninety One PLC | 211047 | 641546 |
|  | Norcros PLC | 65876 | 259579 |
| Ω | On the Beach Group <br> PLC<br>| 21849 | 61033 |
|  | OSB Group PLC | 156755 | 1111074 |
|  | Oxford Instruments <br> PLC<br>| 16632 | 412651 |
|  | Pagegroup PLC | 184177 | 571678 |
|  | Pan African <br> Resources PLC<br>| 2059019 | 2262414 |
| \* | Pantheon Resources <br> PLC<br>| 521617 | 191795 |
|  | Paragon Banking <br> Group PLC<br>| 231805 | 2528154 |
|  | PayPoint PLC | 44124 | 403911 |
|  | Pearson PLC (PSON <br> LN)<br>| 8619 | 119959 |
|  | Persimmon PLC | 30384 | 482896 |
|  | Pets at Home Group <br> PLC<br>| 342483 | 964748 |
|  | Pharos Energy PLC | 305691 | 82773 |
|  | Phoenix Group <br> Holdings PLC<br>| 41823 | 370503 |
| \* | Pinewood <br> Technologies Group <br> PLC<br>| 48447 | 234478 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Playtech PLC | 131852 | $456348 |
|  | Plus500 Ltd. | 68343 | 2843715 |
|  | Polar Capital Holdings <br> PLC<br>| 58592 | 441705 |
|  | Pollen Street Group <br> Ltd.<br>| 5330 | 62050 |
|  | Porvair PLC | 5705 | 57482 |
|  | PPHE Hotel Group <br> Ltd.<br>| 6178 | 116162 |
|  | Premier Foods PLC | 619490 | 1485879 |
|  | Prudential PLC (PRU <br> LN)<br>| 17135 | 238315 |
| \* | PureTech Health PLC <br> (PRTC LN)<br>| 105244 | 182760 |
|  | PZ Cussons PLC | 15556 | 15138 |
|  | QinetiQ Group PLC | 86454 | 545929 |
| Ω | Quilter PLC | 245353 | 585793 |
|  | Rank Group PLC | 58841 | 91744 |
|  | Rathbones Group <br> PLC<br>| 743 | 17416 |
| \*†† | Raven Property Group <br> Ltd.<br>| 76713 | 0 |
|  | Reach PLC | 389182 | 302161 |
|  | Reckitt Benckiser <br> Group PLC<br>| 194710 | 14893182 |
|  | Record PLC | 19236 | 15153 |
|  | RELX PLC (RELX <br> US), Sponsored <br> ADR<br>| 71103 | 3145597 |
|  | RELX PLC (REN NA) | 1141 | 50254 |
|  | Renew Holdings PLC | 50132 | 610534 |
|  | Rentokil Initial PLC | 90463 | 504914 |
|  | Rightmove PLC | 345183 | 3030863 |
|  | Rio Tinto PLC (RIO <br> LN)<br>| 7021 | 506144 |
|  | Rio Tinto PLC (RIO <br> US), Sponsored <br> ADR<br>| 88380 | 6340381 |
|  | Robert Walters PLC | 21507 | 42575 |
| \* | Rockhopper <br> Exploration PLC<br>| 470244 | 508375 |
|  | Rotork PLC | 65437 | 294588 |
|  | RS Group PLC | 17075 | 124970 |
|  | S&U PLC | 1889 | 44253 |
| Ω | Sabre Insurance <br> Group PLC<br>| 14703 | 25889 |
| \* | Saga PLC | 93661 | 327954 |
|  | Sage Group PLC | 98770 | 1492945 |
| \* | Savannah Energy <br> PLC<br>| 427262 | 39141 |
|  | Savills PLC | 63846 | 846061 |
|  | Schroders PLC | 15211 | 75907 |
|  | Secure Trust Bank <br> PLC<br>| 13910 | 178101 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Senior PLC | 112837 | $282630 |
|  | Serco Group PLC | 812170 | 2710184 |
|  | Serica Energy PLC | 291652 | 833570 |
|  | Shell PLC (SHEL LN) | 153886 | 5769095 |
|  | Shell PLC (SHEL US), <br> ADR<br>| 260156 | 19490888 |
| \* | Sigmaroc PLC | 228265 | 346631 |
|  | Smiths Group PLC | 9885 | 327332 |
|  | Softcat PLC | 58457 | 1231776 |
|  | Spectris PLC | 14574 | 786230 |
|  | Speedy Hire PLC | 411815 | 149149 |
|  | Spirax Group PLC | 2073 | 193354 |
| Ω | Spire Healthcare <br> Group PLC<br>| 383520 | 1182427 |
|  | SSE PLC | 83541 | 2104630 |
|  | SSP Group PLC | 20359 | 41146 |
|  | St. James's Place <br> PLC<br>| 106820 | 1822567 |
|  | Standard Chartered <br> PLC<br>| 235313 | 4830326 |
| \*†† | Studio Retail Group <br> PLC<br>| 41980 | 0 |
|  | Tate & Lyle PLC | 20070 | 101894 |
|  | Tatton Asset <br> Management PLC<br>| 1745 | 17061 |
|  | Taylor Wimpey PLC | 553900 | 766177 |
|  | TBC Bank Group <br> PLC<br>| 39463 | 2260919 |
|  | Telecom Plus PLC | 43906 | 1024120 |
|  | Tesco PLC | 1524768 | 9201473 |
|  | Topps Tiles PLC | 77798 | 35235 |
|  | TP ICAP Group PLC | 662927 | 2286412 |
| \*Ω | Trainline PLC | 6614 | 21833 |
|  | Travis Perkins PLC | 69519 | 574783 |
|  | Trifast PLC | 31647 | 31582 |
|  | TT Electronics PLC | 57196 | 115981 |
| # | Unilever PLC (UL <br> US), Sponsored <br> ADR<br>| 215138 | 12949156 |
| \* | Vanquis Banking <br> Group PLC<br>| 171307 | 256578 |
|  | Vertu Motors PLC | 320253 | 263644 |
|  | Vesuvius PLC | 248126 | 1224454 |
|  | Victrex PLC | 11652 | 99011 |
| \* | Vistry Group PLC | 66720 | 565162 |
|  | Vodafone Group PLC <br> (VOD LN)<br>| 2093048 | 2533787 |
|  | Volex PLC | 38790 | 191118 |
|  | Volution Group PLC | 64022 | 552922 |
| \*Ω | Watches of <br> Switzerland Group <br> PLC<br>| 134493 | 694195 |
|  | Weir Group PLC  | 10343 | 402631 |
|  | WH Smith PLC | 58228 | 517240 |
|  | Whitbread PLC | 25852 | 984191 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Wickes Group PLC | 284546 | $827895 |
| \* | Xaar PLC | 33765 | 56213 |
|  | XPS Pensions Group <br> PLC<br>| 55236 | 244679 |
|  | Young & Co.'s <br> Brewery PLC <br> (YNGA LN), <br> Class A<br>| 16919 | 171116 |
|  | Young & Co.'s <br> Brewery PLC <br> (YNGN LN)<br>| 9297 | 75228 |
|  | Zigup PLC | 222757 | 1014804 |
| TOTAL UNITED <br> KINGDOM | TOTAL UNITED <br> KINGDOM |  | 407332906 |
| UNITED STATES — (0.2%) | UNITED STATES — (0.2%) | UNITED STATES — (0.2%) | UNITED STATES — (0.2%) |
| \* | Flutter Entertainment <br> PLC<br>| 795 | 183150 |
| \* | Gran Tierra Energy, <br> Inc. (GTE CN)<br>| 6863 | 23342 |
| # | International Paper <br> Co.<br>| 128777 | 5042604 |
|  | MEG Energy Corp. | 208727 | 4416967 |
| #\* | Perpetua Resources <br> Corp.<br>| 6110 | 146823 |
|  | Royal Gold, Inc. | 10 | 1748 |
| TOTAL UNITED STATES | TOTAL UNITED STATES |  | 9814634 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 3928485655 |
| PREFERRED STOCKS — (0.2%) | PREFERRED STOCKS — (0.2%) | PREFERRED STOCKS — (0.2%) | PREFERRED STOCKS — (0.2%) |
| GERMANY — (0.2%) | GERMANY — (0.2%) | GERMANY — (0.2%) | GERMANY — (0.2%) |
|  | Bayerische Motoren <br> Werke AG, 5.764%<br>| 8786 | 761182 |
|  | Draegerwerk AG & <br> Co. KGaA, 2.796%<br>| 5950 | 501392 |
|  | Einhell Germany AG, <br> 1.843%<br>| 6306 | 598040 |
| # | FUCHS SE, 3.020% | 40107 | 1795371 |
|  | Henkel AG & Co. <br> KGaA, 2.901%<br>| 17031 | 1379731 |
|  | Jungheinrich AG, <br> 2.591%<br>| 28006 | 1000883 |
|  | Porsche Automobil <br> Holding SE, <br> 5.552%<br>| 2402 | 95440 |
|  | Sixt SE, 4.946% | 10610 | 674046 |
|  | STO SE & Co. KGaA, <br> 2.782%<br>| 1572 | 216108 |
|  | Villeroy & Boch AG, <br> 5.438%<br>| 5840 | 111422 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | Volkswagen AG, <br> 7.042%<br>| 24413 | $2542290 |
| TOTAL GERMANY | TOTAL GERMANY |  | 9675905 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) |
| \* | Galan Lithium Ltd. <br> Warrants<br>| 852 | 0 |
| \* | Silver Mines Ltd. <br> Warrants 06/17/26<br>| 972 | 32 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 32 |
| CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) |
| \* | Constellation <br> Software, Inc. <br> Warrants <br> 03/31/2040<br>| 1092 | 0 |
| GERMANY — (0.0%) | GERMANY — (0.0%) | GERMANY — (0.0%) | GERMANY — (0.0%) |
| #\* | BayWa AG Rights <br> 11/10/2025<br>| 6602 | 11339 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) |
| #\* | Webuild SpA Warrants <br> 08/02/2030<br>| 10221 | $0 |
| SPAIN — (0.0%) | SPAIN — (0.0%) | SPAIN — (0.0%) | SPAIN — (0.0%) |
| \* | Vidrala SA Rights <br> 11/17/2025<br>| 11818 | 55850 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 67221 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $2,231,674,984) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $2,231,674,984) |  | 3938228781 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | **Value†** |
| SECURITIES LENDING COLLATERAL — (3.6%) | SECURITIES LENDING COLLATERAL — (3.6%) | SECURITIES LENDING COLLATERAL — (3.6%) | SECURITIES LENDING COLLATERAL — (3.6%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 12723986 | 147178344 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $2,378,853,328) | (Cost $2,378,853,328) |  | $4085407125 |

---

As of October 31, 2025, International Vector Equity Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 97 | 12/19/25 | &nbsp;&nbsp; $32756616 | &nbsp;&nbsp; $33338900 | &nbsp;&nbsp; $582284 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$32756616** | &nbsp;&nbsp; **$33338900** | &nbsp;&nbsp; **$582284** |

---

As of October 31, 2025, the value of Rule 144A securities amounted to $75,565,931 or 1.9% of net assets.

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Australia | &nbsp;&nbsp; $1360188 | &nbsp;&nbsp; $242414810 | &nbsp;&nbsp; $15131 | &nbsp;&nbsp; $243790129 |
| Austria | &nbsp;&nbsp; — | &nbsp;&nbsp; 27926008 | &nbsp;&nbsp; — | &nbsp;&nbsp; 27926008 |
| Belgium | &nbsp;&nbsp; 496431 | &nbsp;&nbsp; 64476770 | &nbsp;&nbsp; — | &nbsp;&nbsp; 64973201 |
| Brazil | &nbsp;&nbsp; — | &nbsp;&nbsp; 148718 | &nbsp;&nbsp; — | &nbsp;&nbsp; 148718 |
| Canada | &nbsp;&nbsp; 466402236 | &nbsp;&nbsp; 1552295 | &nbsp;&nbsp; 1201 | &nbsp;&nbsp; 467955732 |
| China | &nbsp;&nbsp; 4121566 | &nbsp;&nbsp; 40616 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4162182 |
| Denmark | &nbsp;&nbsp; — | &nbsp;&nbsp; 95490741 | &nbsp;&nbsp; — | &nbsp;&nbsp; 95490741 |

---

------

**International Vector Equity Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Finland | &nbsp;&nbsp; — | &nbsp;&nbsp; $72603469 | &nbsp;&nbsp; — | &nbsp;&nbsp; $72603469 |
| France | &nbsp;&nbsp; — | &nbsp;&nbsp; 261212171 | &nbsp;&nbsp; — | &nbsp;&nbsp; 261212171 |
| Germany | &nbsp;&nbsp; $11239976 | &nbsp;&nbsp; 311872646 | &nbsp;&nbsp; — | &nbsp;&nbsp; 323112622 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 57023492 | &nbsp;&nbsp; $31539 | &nbsp;&nbsp; 57055031 |
| Ireland | &nbsp;&nbsp; — | &nbsp;&nbsp; 24027591 | &nbsp;&nbsp; — | &nbsp;&nbsp; 24027591 |
| Israel | &nbsp;&nbsp; 2866506 | &nbsp;&nbsp; 46617581 | &nbsp;&nbsp; — | &nbsp;&nbsp; 49484087 |
| Italy | &nbsp;&nbsp; 1200926 | &nbsp;&nbsp; 122334438 | &nbsp;&nbsp; — | &nbsp;&nbsp; 123535364 |
| Japan | &nbsp;&nbsp; 8381246 | &nbsp;&nbsp; 933857108 | &nbsp;&nbsp; — | &nbsp;&nbsp; 942238354 |
| Netherlands | &nbsp;&nbsp; 27204883 | &nbsp;&nbsp; 103994948 | &nbsp;&nbsp; — | &nbsp;&nbsp; 131199831 |
| New Zealand | &nbsp;&nbsp; 12215 | &nbsp;&nbsp; 11018366 | &nbsp;&nbsp; — | &nbsp;&nbsp; 11030581 |
| Norway | &nbsp;&nbsp; — | &nbsp;&nbsp; 31776545 | &nbsp;&nbsp; — | &nbsp;&nbsp; 31776545 |
| Portugal | &nbsp;&nbsp; — | &nbsp;&nbsp; 15949832 | &nbsp;&nbsp; — | &nbsp;&nbsp; 15949832 |
| Singapore | &nbsp;&nbsp; — | &nbsp;&nbsp; 42680377 | &nbsp;&nbsp; — | &nbsp;&nbsp; 42680377 |
| Spain | &nbsp;&nbsp; 114241 | &nbsp;&nbsp; 125097462 | &nbsp;&nbsp; — | &nbsp;&nbsp; 125211703 |
| Sweden | &nbsp;&nbsp; 66257 | &nbsp;&nbsp; 107351929 | &nbsp;&nbsp; — | &nbsp;&nbsp; 107418186 |
| Switzerland | &nbsp;&nbsp; 34615956 | &nbsp;&nbsp; 253739704 | &nbsp;&nbsp; — | &nbsp;&nbsp; 288355660 |
| United Kingdom | &nbsp;&nbsp; 76286729 | &nbsp;&nbsp; 331046177 | &nbsp;&nbsp; — | &nbsp;&nbsp; 407332906 |
| United States | &nbsp;&nbsp; 4588880 | &nbsp;&nbsp; 5225754 | &nbsp;&nbsp; — | &nbsp;&nbsp; 9814634 |
| Preferred Stocks |  |  |  |  |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 9675905 | &nbsp;&nbsp; — | &nbsp;&nbsp; 9675905 |
| Rights/Warrants |  |  |  |  |
| Australia | &nbsp;&nbsp; — | &nbsp;&nbsp; 32 | &nbsp;&nbsp; — | &nbsp;&nbsp; 32 |
| Canada | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 11339 | &nbsp;&nbsp; — | &nbsp;&nbsp; 11339 |
| Italy | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Spain | &nbsp;&nbsp; — | &nbsp;&nbsp; 55850 | &nbsp;&nbsp; — | &nbsp;&nbsp; 55850 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 147178344 | &nbsp;&nbsp; — | &nbsp;&nbsp; 147178344 |
| Total Investments in Securities | &nbsp;&nbsp; $638958236 | &nbsp;&nbsp; $3446401018 | &nbsp;&nbsp; $47,871˂˃ | &nbsp;&nbsp; $4085407125 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 582284 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 582284 |
| Total Financial Instruments | &nbsp;&nbsp; $582284 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $582284 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**International High Relative Profitability Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (95.4%) | COMMON STOCKS — (95.4%) | COMMON STOCKS — (95.4%) | COMMON STOCKS — (95.4%) |
| AUSTRALIA — (6.3%) | AUSTRALIA — (6.3%) | AUSTRALIA — (6.3%) | AUSTRALIA — (6.3%) |
|  | ALS Ltd. | 131025 | $1859599 |
|  | Aristocrat Leisure Ltd. | 95426 | 3948263 |
|  | BHP Group Ltd. (BHP <br> AU)<br>| 172250 | 4910537 |
| # | BHP Group Ltd. (BHP <br> LN), Class DI<br>| 166810 | 4749623 |
| # | BHP Group Ltd. (BHP <br> US), Sponsored <br> ADR<br>| 351820 | 20071331 |
|  | Brambles Ltd. | 418805 | 6805399 |
|  | Cochlear Ltd. | 4195 | 787568 |
|  | Coles Group Ltd. | 374620 | 5402977 |
|  | Computershare Ltd. | 100387 | 2398201 |
| # | Eagers Automotive <br> Ltd.<br>| 20814 | 463181 |
|  | Endeavour Group Ltd. | 298180 | 713382 |
|  | Evolution Mining Ltd. | 558796 | 3954356 |
|  | Fortescue Ltd. | 430147 | 5982153 |
|  | Insurance Australia <br> Group Ltd.<br>| 368986 | 1896897 |
|  | JB Hi-Fi Ltd. | 45491 | 3111873 |
|  | Lottery Corp. Ltd.  | 404732 | 1455828 |
|  | Medibank Pvt Ltd. | 791084 | 2524736 |
|  | Netwealth Group Ltd. | 35013 | 704740 |
|  | Northern Star <br> Resources Ltd.<br>| 53302 | 859486 |
|  | Pro Medicus Ltd. | 17321 | 2974100 |
|  | Qantas Airways Ltd. | 42577 | 283654 |
| # | Ramsay Health Care <br> Ltd.<br>| 3770 | 79095 |
|  | REA Group Ltd. | 17630 | 2456510 |
|  | Rio Tinto Ltd. | 89943 | 7809414 |
|  | SGH Ltd. | 42548 | 1348151 |
|  | Technology One Ltd. | 75294 | 1813383 |
|  | Telstra Group Ltd. <br> (TLS AU)<br>| 1018886 | 3255173 |
|  | Wesfarmers Ltd. | 209238 | 11484227 |
|  | Woolworths Group <br> Ltd.<br>| 243657 | 4526902 |
| \* | Xero Ltd. | 17550 | 1660321 |
|  | Yancoal Australia Ltd. | 135682 | 493683 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 110784743 |
| AUSTRIA — (0.2%) | AUSTRIA — (0.2%) | AUSTRIA — (0.2%) | AUSTRIA — (0.2%) |
|  | Erste Group Bank AG | 941 | 97477 |
|  | OMV AG | 35452 | 1940860 |
|  | Verbund AG | 11094 | 856237 |
| TOTAL AUSTRIA | TOTAL AUSTRIA |  | 2894574 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BELGIUM — (0.8%) | BELGIUM — (0.8%) | BELGIUM — (0.8%) | BELGIUM — (0.8%) |
|  | Anheuser-Busch InBev <br> SA (ABI BB)<br>| 66320 | $4044008 |
|  | KBC Group NV | 55915 | 6727101 |
|  | UCB SA | 13338 | 3429759 |
| TOTAL BELGIUM | TOTAL BELGIUM |  | 14200868 |
| CANADA — (8.7%) | CANADA — (8.7%) | CANADA — (8.7%) | CANADA — (8.7%) |
|  | Agnico Eagle Mines <br> Ltd. (AEM CN)<br>| 5000 | 804178 |
|  | Agnico Eagle Mines <br> Ltd. (AEM US)<br>| 32170 | 5173258 |
|  | Alamos Gold, Inc. (AGI <br> CN), Class A<br>| 4404 | 135773 |
|  | Alimentation <br> Couche-Tard, Inc.<br>| 134794 | 6850463 |
|  | ARC Resources Ltd. | 231606 | 4271967 |
| # | BCE, Inc. (BCE US) | 16155 | 369303 |
| # | Canadian National <br> Railway Co. (CNI <br> US)<br>| 28125 | 2697469 |
|  | Canadian National <br> Railway Co. (CNR <br> CN)<br>| 66354 | 6362660 |
|  | Canadian Natural <br> Resources Ltd. <br> (CNQ US)<br>| 351301 | 11248658 |
|  | CCL Industries, Inc., <br> Class B<br>| 37629 | 2099100 |
| \* | Celestica, Inc. (CLS <br> US)<br>| 31528 | 10860765 |
|  | Cenovus Energy, Inc. <br> (CVE US)<br>| 357999 | 6057343 |
|  | CGI, Inc. (GIB US) | 4171 | 362877 |
|  | CGI, Inc. (GIBA CN) | 49794 | 4333432 |
|  | Colliers International <br> Group, Inc. (CIGI <br> US)<br>| 3366 | 536978 |
|  | Constellation Software, <br> Inc.<br>| 2686 | 7068725 |
|  | Dollarama, Inc. | 59591 | 7745917 |
|  | Element Fleet <br> Management Corp.<br>| 99661 | 2688086 |
|  | Empire Co. Ltd., <br> Class A<br>| 33313 | 1131770 |
|  | FirstService Corp. <br> (FSV CN)<br>| 38 | 6049 |
|  | FirstService Corp. <br> (FSV US)<br>| 1428 | 227637 |
|  | George Weston Ltd. | 45902 | 2791004 |

---

------

**International High Relative Profitability Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| # | Gildan Activewear, Inc. <br> (GIL US)<br>| 24992 | $1456784 |
|  | iA Financial Corp., Inc. | 12421 | 1466201 |
|  | Imperial Oil Ltd. (IMO <br> US)<br>| 31429 | 2772352 |
|  | Intact Financial Corp. | 19703 | 3675374 |
|  | Keyera Corp. | 47277 | 1395844 |
|  | Kinross Gold Corp. <br> (KGC US)<br>| 397858 | 9246220 |
|  | Loblaw Cos. Ltd. | 78728 | 3128800 |
|  | Lundin Gold, Inc. | 17850 | 1213502 |
|  | Lundin Mining Corp. | 79 | 1271 |
|  | Magna International, <br> Inc. (MG CN)<br>| 43120 | 2037098 |
|  | Magna International, <br> Inc. (MGA US)<br>| 53530 | 2527151 |
|  | Manulife Financial <br> Corp. (MFC US)<br>| 41464 | 1342190 |
|  | Metro, Inc. | 45013 | 3000439 |
|  | Open Text Corp. <br> (OTEX CN)<br>| 21163 | 811936 |
|  | Pan American Silver <br> Corp. (PAAS US)<br>| 1424 | 50139 |
|  | Parkland Corp. | 1479 | 42138 |
|  | RB Global, Inc. (RBA <br> US)<br>| 16123 | 1599724 |
|  | Restaurant Brands <br> International, Inc. <br> (QSR CN)<br>| 19350 | 1270915 |
|  | Restaurant Brands <br> International, Inc. <br> (QSR US)<br>| 39187 | 2574194 |
|  | Rogers <br> Communications, <br> Inc. (RCI US), <br> Class B<br>| 19233 | 752780 |
| # | Rogers <br> Communications, <br> Inc. (RCIB CN), <br> Class B<br>| 130937 | 5124332 |
|  | Stantec, Inc. (STN <br> CN)<br>| 1995 | 220929 |
|  | Stantec, Inc. (STN <br> US)<br>| 15440 | 1711987 |
|  | Suncor Energy, Inc. <br> (SU US)<br>| 239985 | 9553803 |
|  | TFI International, Inc. <br> (TFII US)<br>| 2000 | 179460 |
| # | Thomson Reuters <br> Corp. (TRI US)<br>| 7259 | 1111063 |
|  | Toromont Industries <br> Ltd.<br>| 16993 | 2041632 |
|  | Tourmaline Oil Corp. | 69750 | 3067896 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Waste Connections, <br> Inc. (WCN US)<br>| 22078 | $3702039 |
|  | WSP Global, Inc. | 17913 | 3424614 |
| TOTAL CANADA | TOTAL CANADA |  | 154326219 |
| DENMARK — (1.3%) | DENMARK — (1.3%) | DENMARK — (1.3%) | DENMARK — (1.3%) |
|  | Coloplast AS, Class B | 3727 | 337086 |
| # | Novo Nordisk AS <br> (NOVOB DC), <br> Class B<br>| 364085 | 17924513 |
|  | Pandora AS | 36743 | 4916533 |
| TOTAL DENMARK | TOTAL DENMARK |  | 23178132 |
| FINLAND — (0.9%) | FINLAND — (0.9%) | FINLAND — (0.9%) | FINLAND — (0.9%) |
|  | Kone OYJ, Class B | 78750 | 5261526 |
| # | Metso OYJ | 152746 | 2504881 |
|  | Nordea Bank Abp <br> (NDA FH)<br>| 93175 | 1593927 |
|  | Sampo OYJ, Class A | 266260 | 2967821 |
|  | Wartsila OYJ Abp | 90790 | 2970385 |
| TOTAL FINLAND | TOTAL FINLAND |  | 15298540 |
| FRANCE — (10.7%) | FRANCE — (10.7%) | FRANCE — (10.7%) | FRANCE — (10.7%) |
|  | Airbus SE | 101383 | 24998111 |
|  | Bouygues SA | 36959 | 1668259 |
|  | Bureau Veritas SA | 121130 | 3980627 |
|  | Cie de Saint-Gobain <br> SA<br>| 14298 | 1387792 |
|  | Eiffage SA | 39175 | 4820474 |
|  | Engie SA | 253159 | 5927199 |
|  | Eurofins Scientific SE | 15773 | 1112461 |
|  | Hermes International <br> SCA<br>| 6104 | 15104097 |
|  | L'Oreal SA | 7662 | 3197439 |
|  | LVMH Moet Hennessy <br> Louis Vuitton SE<br>| 65240 | 46113106 |
|  | Orange SA (ORA FP) | 879667 | 14071474 |
|  | Publicis Groupe SA <br> (PUB FP)<br>| 11644 | 1167068 |
|  | Safran SA | 65453 | 23256650 |
|  | Thales SA | 16027 | 4570144 |
|  | TotalEnergies SE (TTE <br> FP)<br>| 487200 | 30418342 |
|  | Vinci SA | 56087 | 7499743 |
| TOTAL FRANCE | TOTAL FRANCE |  | 189292986 |
| GERMANY — (6.6%) | GERMANY — (6.6%) | GERMANY — (6.6%) | GERMANY — (6.6%) |
|  | adidas AG | 33434 | 6321780 |
| \* | Aumovio SE | 13219 | 568357 |
|  | BASF SE | 13600 | 671049 |
|  | Bayer AG | 221721 | 6896518 |
|  | Continental AG | 26439 | 2020254 |

---

------

**International High Relative Profitability Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | Daimler Truck Holding <br> AG<br>| 29490 | $1182038 |
|  | Deutsche Boerse AG | 38503 | 9750498 |
|  | Deutsche Post AG | 223799 | 10282747 |
|  | Deutsche Telekom AG <br> (DTE GR)<br>| 636665 | 19720807 |
|  | E.ON SE | 438411 | 8157240 |
|  | GEA Group AG | 22438 | 1604937 |
|  | Hannover Rueck SE | 8495 | 2425139 |
|  | HOCHTIEF AG | 2891 | 829829 |
|  | Infineon Technologies <br> AG (IFX GR)<br>| 185168 | 7349854 |
|  | Knorr-Bremse AG | 21432 | 1994204 |
| # | MTU Aero Engines AG | 8699 | 3801681 |
|  | Muenchener <br> Rueckversicherungs-Gesellschaft <br> AG in Muenchen<br>| 1989 | 1230582 |
|  | Nemetschek SE | 19407 | 2242489 |
|  | Rheinmetall AG | 13047 | 25647586 |
| \* | Siemens Energy AG | 10146 | 1264043 |
| Ω | Siemens Healthineers <br> AG<br>| 24941 | 1397942 |
|  | Symrise AG | 8491 | 702197 |
| \* | Talanx AG | 6982 | 850207 |
|  | Volkswagen AG | 4158 | 438593 |
| TOTAL GERMANY | TOTAL GERMANY |  | 117350571 |
| HONG KONG — (1.7%) | HONG KONG — (1.7%) | HONG KONG — (1.7%) | HONG KONG — (1.7%) |
|  | AIA Group Ltd. | 499800 | 4863419 |
|  | Cathay Pacific Airways <br> Ltd.<br>| 238000 | 338798 |
|  | HKT Trust & HKT Ltd. | 2020000 | 2949547 |
|  | Hong Kong Exchanges <br> & Clearing Ltd.<br>| 229237 | 12494078 |
|  | PRADA SpA | 215800 | 1273493 |
|  | SITC International <br> Holdings Co. Ltd.<br>| 259000 | 955624 |
|  | Techtronic Industries <br> Co. Ltd.<br>| 438000 | 5108834 |
| Ω | WH Group Ltd. | 2039863 | 1962178 |
| TOTAL HONG KONG | TOTAL HONG KONG |  | 29945971 |
| IRELAND — (0.2%) | IRELAND — (0.2%) | IRELAND — (0.2%) | IRELAND — (0.2%) |
|  | AIB Group PLC | 149539 | 1378200 |
|  | Kingspan Group PLC <br> (KSP ID)<br>| 38555 | 2886932 |
| TOTAL IRELAND | TOTAL IRELAND |  | 4265132 |
| ISRAEL — (0.8%) | ISRAEL — (0.8%) | ISRAEL — (0.8%) | ISRAEL — (0.8%) |
|  | Bank Leumi Le-Israel <br> BM<br>| 58029 | 1177755 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Bezeq The Israeli <br> Telecommunication <br> Corp. Ltd.<br>| 544901 | $1116121 |
|  | Clal Insurance <br> Enterprises Holdings <br> Ltd.<br>| 3109 | 172877 |
|  | Delek Group Ltd. | 3056 | 803474 |
|  | Electra Ltd. | 6620 | 209776 |
| \* | Fattal Holdings 1998 <br> Ltd.<br>| 2058 | 373539 |
|  | First International Bank <br> of Israel Ltd.<br>| 7956 | 572211 |
|  | Formula Systems 1985 <br> Ltd. (FORTY IT)<br>| 1056 | 153295 |
|  | Hilan Ltd. | 2776 | 218695 |
|  | Matrix IT Ltd. | 6755 | 250162 |
|  | Menora Mivtachim <br> Holdings Ltd.<br>| 7524 | 749464 |
|  | Mizrahi Tefahot Bank <br> Ltd.<br>| 32684 | 2125034 |
|  | Next Vision Stabilized <br> Systems Ltd.<br>| 10203 | 447951 |
|  | One Software <br> Technologies Ltd.<br>| 4103 | 110328 |
|  | Paz Retail & Energy <br> Ltd.<br>| 1708 | 364887 |
|  | Phoenix Financial Ltd. | 47121 | 1814018 |
|  | Shufersal Ltd. | 37120 | 461326 |
| \* | Teva Pharmaceutical <br> Industries Ltd. <br> (TEVA IT)<br>| 23641 | 484082 |
| \* | Teva Pharmaceutical <br> Industries Ltd. <br> (TEVA US), <br> Sponsored ADR<br>| 116283 | 2381476 |
| TOTAL ISRAEL | TOTAL ISRAEL |  | 13986471 |
| ITALY — (1.9%) | ITALY — (1.9%) | ITALY — (1.9%) | ITALY — (1.9%) |
|  | Banca Mediolanum <br> SpA<br>| 58170 | 1169476 |
|  | Enel SpA | 1636772 | 16557188 |
|  | Eni SpA (ENI IM) | 71110 | 1311231 |
|  | Ferrari NV (RACE IM) | 1191 | 476948 |
| # | Ferrari NV (RACE US) | 13483 | 5446458 |
|  | FinecoBank Banca <br> Fineco SpA<br>| 141842 | 3245366 |
|  | Moncler SpA | 39460 | 2367180 |
| Ω | Poste Italiane SpA | 37268 | 898528 |
|  | Prysmian SpA | 7511 | 783125 |
|  | Recordati Industria <br> Chimica e <br> Farmaceutica SpA<br>| 23393 | 1392392 |
| TOTAL ITALY | TOTAL ITALY |  | 33647892 |

---

------

**International High Relative Profitability Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (22.5%) | JAPAN — (22.5%) | JAPAN — (22.5%) | JAPAN — (22.5%) |
|  | Advantest Corp. | 132000 | $19766445 |
|  | Aeon Co. Ltd. | 402300 | 6363059 |
|  | Air Water, Inc. | 74984 | 1047167 |
|  | Ajinomoto Co., Inc. | 151600 | 4299725 |
|  | Asahi Intecc Co. Ltd. | 33200 | 526463 |
|  | Asics Corp. | 141400 | 3600633 |
|  | Astellas Pharma, Inc. | 463400 | 4850698 |
|  | Bandai Namco <br> Holdings, Inc.<br>| 77100 | 2399536 |
|  | BayCurrent, Inc. | 49200 | 2256509 |
|  | BIPROGY, Inc. | 34900 | 1409660 |
|  | Blue Zones Holdings <br> Co. Ltd.<br>| 4200 | 213752 |
|  | Bridgestone Corp. | 86900 | 3793630 |
|  | Capcom Co. Ltd. | 126400 | 3300696 |
|  | Chugai Pharmaceutical <br> Co. Ltd.<br>| 138300 | 6329677 |
|  | Cosmo Energy <br> Holdings Co. Ltd.<br>| 31000 | 707897 |
|  | Cosmos <br> Pharmaceutical <br> Corp.<br>| 14400 | 644276 |
|  | CyberAgent, Inc. | 5400 | 53829 |
|  | Daicel Corp. | 16400 | 141107 |
|  | Daifuku Co. Ltd. | 42300 | 1348388 |
|  | Daiichi Sankyo Co. <br> Ltd.<br>| 118300 | 2825964 |
|  | Daikin Industries Ltd. | 28100 | 3264658 |
|  | Daito Trust <br> Construction Co. <br> Ltd.<br>| 146295 | 2735139 |
|  | Daiwa House Industry <br> Co. Ltd.<br>| 126300 | 4285112 |
|  | Dentsu Soken, Inc. | 4500 | 222850 |
|  | Disco Corp. | 16400 | 5446160 |
| # | DMG Mori Co. Ltd. | 6500 | 100811 |
|  | Ebara Corp. | 153500 | 4093433 |
|  | Fast Retailing Co. Ltd. | 31800 | 11674408 |
|  | Food & Life Cos. Ltd. | 15500 | 755987 |
|  | Fuji Electric Co. Ltd. | 33000 | 2356905 |
|  | Fujikura Ltd. | 66600 | 9069190 |
|  | Fujitsu Ltd. | 295200 | 7693041 |
|  | Fuyo General Lease <br> Co. Ltd.<br>| 11700 | 305891 |
|  | GMO Payment <br> Gateway, Inc.<br>| 8660 | 472406 |
|  | Hitachi Construction <br> Machinery Co. Ltd.<br>| 27100 | 882023 |
|  | Hitachi Ltd. (6501 JP) | 171900 | 5871929 |
|  | Hoya Corp. | 63300 | 10281946 |
|  | IHI Corp. | 185500 | 3840609 |
|  | Inpex Corp. | 249400 | 4601959 |
|  | Internet Initiative <br> Japan, Inc.<br>| 47200 | 851606 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Isuzu Motors Ltd. | 177100 | $2173067 |
|  | J Front Retailing Co. <br> Ltd.<br>| 56700 | 852805 |
|  | Japan Airlines Co. Ltd. | 35500 | 639547 |
|  | Japan Airport Terminal <br> Co. Ltd.<br>| 15500 | 481607 |
|  | Japan Exchange <br> Group, Inc.<br>| 442900 | 4938850 |
|  | Kakaku.com, Inc. | 20400 | 362661 |
|  | Kao Corp. | 9700 | 410500 |
|  | Kawasaki Heavy <br> Industries Ltd.<br>| 42000 | 3363217 |
|  | KDDI Corp. | 763000 | 12162486 |
| # | Kobe Bussan Co. Ltd. | 43400 | 1007058 |
|  | Kobe Steel Ltd. | 98300 | 1156929 |
|  | Komatsu Ltd. | 155100 | 5188242 |
|  | Konami Group Corp. | 24500 | 4080112 |
|  | Kuraray Co. Ltd. | 53500 | 579756 |
|  | Kurita Water Industries <br> Ltd.<br>| 27200 | 1030444 |
| # | Lasertec Corp. | 14300 | 2903361 |
|  | Marui Group Co. Ltd. | 2900 | 55617 |
|  | Maruwa Co. Ltd. | 1300 | 367558 |
|  | McDonald's Holdings <br> Co. Japan Ltd.<br>| 28400 | 1111007 |
|  | Minebea Mitsumi, Inc. | 12900 | 254953 |
|  | Mitsubishi Chemical <br> Group Corp.<br>| 600 | 3134 |
|  | Mitsubishi HC Capital, <br> Inc.<br>| 364550 | 2851754 |
|  | Mitsubishi Motors <br> Corp.<br>| 93900 | 228827 |
|  | MonotaRO Co. Ltd. | 82413 | 1149834 |
|  | MS&AD Insurance <br> Group Holdings, <br> Inc.<br>| 142800 | 2943745 |
|  | NIDEC Corp. (6594 <br> JP)<br>| 57700 | 702023 |
|  | Nippon Express <br> Holdings, Inc.<br>| 108603 | 2310559 |
|  | Nippon Sanso <br> Holdings Corp.<br>| 82800 | 2749938 |
|  | Nissan Chemical <br> Corp.<br>| 52300 | 1766990 |
|  | Niterra Co. Ltd. | 39900 | 1636821 |
|  | Nitto Denko Corp. | 147600 | 3675956 |
|  | Nomura Research <br> Institute Ltd.<br>| 77000 | 2973205 |
|  | Olympus Corp. | 233700 | 2876137 |
|  | Open House Group <br> Co. Ltd.<br>| 30200 | 1453313 |
|  | Oracle Corp. Japan | 13175 | 1214601 |
|  | Organo Corp. | 2100 | 180220 |
|  | Oriental Land Co. Ltd. | 48200 | 975456 |

---

------

**International High Relative Profitability Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Otsuka Corp. | 63800 | $1261330 |
|  | Pan Pacific <br> International <br> Holdings Corp.<br>| 757000 | 4503096 |
|  | Persol Holdings Co. <br> Ltd.<br>| 700900 | 1162698 |
|  | Rakus Co. Ltd. | 42202 | 340688 |
| \* | Rakuten Bank Ltd. | 1400 | 76842 |
| \* | Rakuten Group, Inc. | 149841 | 980290 |
|  | Recruit Holdings Co. <br> Ltd.<br>| 267200 | 13249896 |
|  | Resonac Holdings <br> Corp.<br>| 45200 | 1760979 |
|  | Ryohin Keikaku Co. <br> Ltd.<br>| 126200 | 2595853 |
|  | Sankyo Co. Ltd. | 51500 | 893389 |
|  | Sanrio Co. Ltd. | 28800 | 1332817 |
|  | Sanwa Holdings Corp. | 92100 | 2511724 |
|  | SCREEN Holdings Co. <br> Ltd.<br>| 19000 | 1801156 |
|  | SCSK Corp. | 78100 | 2869911 |
|  | Seibu Holdings, Inc. | 58800 | 2066704 |
|  | Seven & i Holdings Co. <br> Ltd.<br>| 451800 | 5746803 |
|  | SG Holdings Co. Ltd. | 72800 | 669076 |
| \* | Sharp Corp. | 12200 | 67724 |
|  | Skylark Holdings Co. <br> Ltd.<br>| 110300 | 1995051 |
|  | Socionext, Inc. | 9521 | 214266 |
|  | SoftBank Corp. | 6266000 | 8903973 |
|  | SoftBank Group Corp. | 89100 | 15634245 |
| \* | Sony Financial Group, <br> Inc.<br>| 1455000 | 1467179 |
|  | Sony Group Corp. <br> (6758 JP)<br>| 1455000 | 40521138 |
|  | Subaru Corp. | 182700 | 3886599 |
|  | Sugi Holdings Co. Ltd. | 12200 | 263541 |
| # | Sumitomo Forestry Co. <br> Ltd.<br>| 110100 | 1145345 |
|  | Sundrug Co. Ltd. | 24600 | 663959 |
|  | Suzuki Motor Corp. | 156800 | 2340847 |
|  | Sysmex Corp. | 121000 | 1348855 |
|  | TDK Corp. (6762 JP) | 390000 | 6814159 |
|  | TIS, Inc. | 83600 | 2880089 |
|  | Toei Animation Co. <br> Ltd.<br>| 4500 | 84339 |
|  | Tokio Marine Holdings, <br> Inc. (8766 JP)<br>| 264300 | 9856584 |
|  | Tokyo Century Corp. | 72900 | 860355 |
|  | Tokyo Electron Ltd. | 80300 | 17703757 |
|  | Tokyu Fudosan <br> Holdings Corp.<br>| 14600 | 117657 |
| # | Toridoll Holdings Corp. | 6500 | 188268 |
|  | Toyo Tire Corp. | 29000 | 792572 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Toyota Motor Corp. <br> (TM US), Sponsored <br> ADR<br>| 30391 | $6205538 |
|  | Toyota Tsusho Corp. | 92100 | 2815150 |
|  | Trend Micro, Inc. (4704 <br> JP)<br>| 49100 | 2505693 |
|  | Unicharm Corp. | 1501 | 9287 |
|  | USS Co. Ltd. | 177800 | 1962534 |
| \* | Visional, Inc. | 300 | 20830 |
|  | Welcia Holdings Co. <br> Ltd.<br>| 24800 | 494583 |
|  | Yamazaki Baking Co. <br> Ltd.<br>| 1200 | 23583 |
|  | Yokogawa Electric <br> Corp.<br>| 52800 | 1579483 |
|  | Yokohama Rubber Co. <br> Ltd. <br>| 3500 | 124912 |
|  | Zensho Holdings Co. <br> Ltd.<br>| 36200 | 2254030 |
|  | ZOZO, Inc. | 134200 | 1160093 |
| TOTAL JAPAN | TOTAL JAPAN |  | 398226934 |
| NETHERLANDS — (3.7%) | NETHERLANDS — (3.7%) | NETHERLANDS — (3.7%) | NETHERLANDS — (3.7%) |
|  | ASML Holding NV <br> (ASML NA)<br>| 25123 | 26562783 |
|  | ASML Holding NV <br> (ASML US)<br>| 21467 | 22738490 |
|  | ASR Nederland NV | 48477 | 3235289 |
|  | Koninklijke KPN NV | 1130650 | 5232039 |
|  | Wolters Kluwer NV | 67086 | 8223773 |
| TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 65992374 |
| NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) |
|  | Chorus Ltd. (CNU NZ) | 300879 | 1611222 |
|  | Contact Energy Ltd. | 56562 | 301522 |
|  | Fisher & Paykel <br> Healthcare Corp. <br> Ltd.<br>| 49321 | 1045610 |
|  | Mainfreight Ltd. | 16254 | 560552 |
|  | Spark New Zealand <br> Ltd.<br>| 618656 | 867313 |
| TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 4386219 |
| NORWAY — (0.7%) | NORWAY — (0.7%) | NORWAY — (0.7%) | NORWAY — (0.7%) |
|  | Aker BP ASA | 47410 | 1228722 |
| Ω | BW LPG Ltd. | 20926 | 277117 |
|  | Equinor ASA | 205722 | 4927308 |
|  | Hafnia Ltd. | 52810 | 328993 |
|  | Hoegh Autoliners ASA | 2029 | 18181 |
|  | Kongsberg Gruppen <br> ASA<br>| 36955 | 942104 |
|  | Protector Forsikring <br> ASA<br>| 11993 | 540258 |

---

------

**International High Relative Profitability Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  | Storebrand ASA | 125086 | $1938459 |
|  | Telenor ASA | 65559 | 974963 |
|  | Var Energi ASA | 79114 | 265814 |
|  | Veidekke ASA | 19132 | 296216 |
|  | Wallenius Wilhelmsen <br> ASA<br>| 23918 | 187060 |
| TOTAL NORWAY | TOTAL NORWAY |  | 11925195 |
| PORTUGAL — (0.1%) | PORTUGAL — (0.1%) | PORTUGAL — (0.1%) | PORTUGAL — (0.1%) |
|  | Galp Energia SGPS <br> SA<br>| 113250 | 2275314 |
|  | Jeronimo Martins <br> SGPS SA<br>| 15405 | 396756 |
| TOTAL PORTUGAL | TOTAL PORTUGAL |  | 2672070 |
| SINGAPORE — (1.5%) | SINGAPORE — (1.5%) | SINGAPORE — (1.5%) | SINGAPORE — (1.5%) |
|  | DBS Group Holdings <br> Ltd.<br>| 306193 | 12677157 |
|  | DFI Retail Group <br> Holdings Ltd.<br>| 23600 | 82801 |
|  | Jardine Cycle & <br> Carriage Ltd.<br>| 29400 | 734105 |
|  | Sembcorp Industries <br> Ltd.<br>| 350100 | 1754192 |
|  | Singapore Airlines Ltd. | 369000 | 1878401 |
|  | Singapore Exchange <br> Ltd.<br>| 295300 | 3831680 |
|  | Singapore <br> Technologies <br> Engineering Ltd.<br>| 578800 | 3770915 |
|  | Yangzijiang <br> Shipbuilding <br> Holdings Ltd.<br>| 378300 | 1021696 |
| TOTAL SINGAPORE | TOTAL SINGAPORE |  | 25750947 |
| SPAIN — (2.5%) | SPAIN — (2.5%) | SPAIN — (2.5%) | SPAIN — (2.5%) |
|  | ACS Actividades de <br> Construccion y <br> Servicios SA<br>| 31352 | 2574301 |
| Ω | Aena SME SA | 166510 | 4522606 |
|  | Amadeus IT Group SA | 104594 | 7995238 |
|  | Banco Bilbao Vizcaya <br> Argentaria SA <br> (BBVA SM)<br>| 219253 | 4417087 |
|  | Banco Bilbao Vizcaya <br> Argentaria SA <br> (BBVA US), <br> Sponsored ADR<br>| 25506 | 513436 |
|  | Endesa SA | 100465 | 3601671 |
|  | Ferrovial SE | 36636 | 2248144 |
| # | Industria de Diseno <br> Textil SA<br>| 167352 | 9241242 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
|  | Naturgy Energy Group <br> SA<br>| 11235 | $340294 |
| # | Telefonica SA (TEF <br> SM)<br>| 1641259 | 8323107 |
| TOTAL SPAIN | TOTAL SPAIN |  | 43777126 |
| SWEDEN — (3.1%) | SWEDEN — (3.1%) | SWEDEN — (3.1%) | SWEDEN — (3.1%) |
|  | AddTech AB, Class B | 79454 | 2676860 |
|  | Atlas Copco AB <br> (ATCOA SS), <br> Class A<br>| 517386 | 8669348 |
|  | Atlas Copco AB <br> (ATCOB SS), <br> Class B<br>| 311236 | 4655829 |
|  | Avanza Bank Holding <br> AB<br>| 40384 | 1552141 |
|  | Axfood AB | 37200 | 1013668 |
|  | Epiroc AB (EPIA SS), <br> Class A<br>| 89197 | 1880803 |
|  | Epiroc AB (EPIB SS), <br> Class B<br>| 60798 | 1134647 |
| # | H & M Hennes & <br> Mauritz AB, Class B<br>| 163087 | 3080080 |
|  | Hemnet Group AB | 18833 | 411043 |
|  | Indutrade AB | 61345 | 1639891 |
|  | Lagercrantz Group AB, <br> Class B<br>| 41874 | 1024436 |
|  | Lifco AB, Class B | 18806 | 726088 |
|  | Loomis AB | 8408 | 338720 |
|  | Medicover AB, <br> Class B<br>| 14054 | 382080 |
|  | Nordnet AB publ | 29215 | 843591 |
|  | Sectra AB, Class B | 40431 | 1282559 |
|  | Sweco AB, Class B | 37915 | 683171 |
|  | Tele2 AB, Class B | 223821 | 3555591 |
|  | Telefonaktiebolaget LM <br> Ericsson (ERIC US), <br> Sponsored ADR<br>| 144507 | 1458076 |
|  | Telefonaktiebolaget LM <br> Ericsson (ERICB <br> SS), Class B<br>| 311205 | 3157443 |
|  | Telia Co. AB | 364196 | 1433719 |
|  | Volvo AB (VOLVA SS), <br> Class A<br>| 54973 | 1502265 |
|  | Volvo AB (VOLVB SS), <br> Class B<br>| 410093 | 11234517 |
| TOTAL SWEDEN | TOTAL SWEDEN |  | 54336566 |
| SWITZERLAND — (8.6%) | SWITZERLAND — (8.6%) | SWITZERLAND — (8.6%) | SWITZERLAND — (8.6%) |
|  | Geberit AG | 12634 | 9235755 |
|  | Kuehne & Nagel <br> International AG<br>| 22568 | 4329594 |
|  | Nestle SA | 408770 | 39057336 |

---

------

**International High Relative Profitability Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Novartis AG (NVS US), <br> Sponsored ADR<br>| 246503 | $30514606 |
|  | Partners Group <br> Holding AG<br>| 7501 | 9185850 |
|  | Roche Holding AG (RO <br> SW)<br>| 7170 | 2432519 |
|  | Roche Holding AG <br> (ROG SW)<br>| 153733 | 49797220 |
|  | SGS SA | 62747 | 7075966 |
| TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 151628846 |
| UNITED KINGDOM — (12.4%) | UNITED KINGDOM — (12.4%) | UNITED KINGDOM — (12.4%) | UNITED KINGDOM — (12.4%) |
|  | Admiral Group PLC | 94186 | 4055385 |
| Ω | Airtel Africa PLC | 278231 | 1011836 |
|  | Ashtead Group PLC | 221086 | 14767388 |
|  | AstraZeneca PLC <br> (AZN LN)<br>| 32872 | 5422188 |
|  | AstraZeneca PLC <br> (AZN US), <br> Sponsored ADR<br>| 261592 | 21555181 |
| Ω | Auto Trader Group <br> PLC<br>| 383457 | 3933917 |
|  | BP PLC (BP LN) | 165519 | 969744 |
|  | BP PLC (BP US), <br> Sponsored ADR<br>| 458568 | 16109494 |
|  | BT Group PLC | 2677069 | 6533582 |
|  | Bunzl PLC | 7601 | 231053 |
| \* | Carnival PLC (CUK <br> US), ADR<br>| 4779 | 124302 |
|  | Coca-Cola HBC AG | 2338 | 106094 |
|  | Compass Group PLC | 214510 | 7100243 |
| # | Diageo PLC (DEO <br> US), Sponsored <br> ADR<br>| 81079 | 7466565 |
|  | Diageo PLC (DGE LN) | 80730 | 1856931 |
|  | Experian PLC | 200008 | 9329404 |
|  | Games Workshop <br> Group PLC<br>| 2211 | 463001 |
|  | GSK PLC (GSK LN) | 1058901 | 24792509 |
|  | Imperial Brands PLC | 379216 | 15067877 |
|  | Intertek Group PLC | 77385 | 5154462 |
|  | Legal & General Group <br> PLC<br>| 999910 | 3124636 |
|  | Marks & Spencer <br> Group PLC<br>| 798644 | 4173568 |
|  | Next PLC | 48295 | 9074150 |
|  | Reckitt Benckiser <br> Group PLC<br>| 182653 | 13970954 |
|  | RELX PLC (REL LN) | 45322 | 2003068 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | RELX PLC (RELX US), <br> Sponsored ADR<br>| 176219 | $7795928 |
|  | RELX PLC (REN NA) | 28850 | 1270660 |
|  | Rightmove PLC | 185301 | 1627027 |
|  | Rolls-Royce Holdings <br> PLC<br>| 255748 | 3935653 |
|  | Sage Group PLC | 120134 | 1815869 |
|  | St. James's Place <br> PLC<br>| 90454 | 1543330 |
| # | Unilever PLC (UL US), <br> Sponsored ADR<br>| 335154 | 20172919 |
|  | Unilever PLC (ULVR <br> LN)<br>| 48760 | 2925811 |
| TOTAL UNITED <br> KINGDOM | TOTAL UNITED <br> KINGDOM |  | 219484729 |
| UNITED STATES — (0.0%) | UNITED STATES — (0.0%) | UNITED STATES — (0.0%) | UNITED STATES — (0.0%) |
|  | MEG Energy Corp. | 1400 | 29626 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 1687382731 |
| PREFERRED STOCKS — (0.2%) | PREFERRED STOCKS — (0.2%) | PREFERRED STOCKS — (0.2%) | PREFERRED STOCKS — (0.2%) |
| GERMANY — (0.2%) | GERMANY — (0.2%) | GERMANY — (0.2%) | GERMANY — (0.2%) |
| #Ω | Dr. Ing hc F Porsche <br> AG, 5.074%<br>| 13698 | 716692 |
|  | Volkswagen AG, <br> 7.042%<br>| 35319 | 3678006 |
| TOTAL GERMANY | TOTAL GERMANY |  | 4394698 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) |
| \* | Constellation Software, <br> Inc. Warrants <br> 03/31/2040<br>| 4241 | 0 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $1,161,175,017) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $1,161,175,017) |  | 1691777429 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | **Value†** |
| SECURITIES LENDING COLLATERAL — (4.4%) | SECURITIES LENDING COLLATERAL — (4.4%) | SECURITIES LENDING COLLATERAL — (4.4%) | SECURITIES LENDING COLLATERAL — (4.4%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 6697759 | 77472974 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $1,238,647,991) | (Cost $1,238,647,991) |  | $1769250403 |

---

------

**International High Relative Profitability Portfolio**

**CONTINUED**

As of October 31, 2025, the value of Rule 144A securities amounted to $14,720,816 or 0.9% of net assets.

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Australia | &nbsp;&nbsp; $20071331 | &nbsp;&nbsp; $90713412 | &nbsp;&nbsp; — | &nbsp;&nbsp; $110784743 |
| Austria | &nbsp;&nbsp; — | &nbsp;&nbsp; 2894574 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2894574 |
| Belgium | &nbsp;&nbsp; — | &nbsp;&nbsp; 14200868 | &nbsp;&nbsp; — | &nbsp;&nbsp; 14200868 |
| Canada | &nbsp;&nbsp; 154326219 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 154326219 |
| Denmark | &nbsp;&nbsp; — | &nbsp;&nbsp; 23178132 | &nbsp;&nbsp; — | &nbsp;&nbsp; 23178132 |
| Finland | &nbsp;&nbsp; — | &nbsp;&nbsp; 15298540 | &nbsp;&nbsp; — | &nbsp;&nbsp; 15298540 |
| France | &nbsp;&nbsp; — | &nbsp;&nbsp; 189292986 | &nbsp;&nbsp; — | &nbsp;&nbsp; 189292986 |
| Germany | &nbsp;&nbsp; 568357 | &nbsp;&nbsp; 116782214 | &nbsp;&nbsp; — | &nbsp;&nbsp; 117350571 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 29945971 | &nbsp;&nbsp; — | &nbsp;&nbsp; 29945971 |
| Ireland | &nbsp;&nbsp; — | &nbsp;&nbsp; 4265132 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4265132 |
| Israel | &nbsp;&nbsp; 2381476 | &nbsp;&nbsp; 11604995 | &nbsp;&nbsp; — | &nbsp;&nbsp; 13986471 |
| Italy | &nbsp;&nbsp; 5446458 | &nbsp;&nbsp; 28201434 | &nbsp;&nbsp; — | &nbsp;&nbsp; 33647892 |
| Japan | &nbsp;&nbsp; 7672717 | &nbsp;&nbsp; 390554217 | &nbsp;&nbsp; — | &nbsp;&nbsp; 398226934 |
| Netherlands | &nbsp;&nbsp; 22738490 | &nbsp;&nbsp; 43253884 | &nbsp;&nbsp; — | &nbsp;&nbsp; 65992374 |
| New Zealand | &nbsp;&nbsp; — | &nbsp;&nbsp; 4386219 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4386219 |
| Norway | &nbsp;&nbsp; — | &nbsp;&nbsp; 11925195 | &nbsp;&nbsp; — | &nbsp;&nbsp; 11925195 |
| Portugal | &nbsp;&nbsp; — | &nbsp;&nbsp; 2672070 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2672070 |
| Singapore | &nbsp;&nbsp; — | &nbsp;&nbsp; 25750947 | &nbsp;&nbsp; — | &nbsp;&nbsp; 25750947 |
| Spain | &nbsp;&nbsp; 513436 | &nbsp;&nbsp; 43263690 | &nbsp;&nbsp; — | &nbsp;&nbsp; 43777126 |
| Sweden | &nbsp;&nbsp; 1458076 | &nbsp;&nbsp; 52878490 | &nbsp;&nbsp; — | &nbsp;&nbsp; 54336566 |
| Switzerland | &nbsp;&nbsp; 30514606 | &nbsp;&nbsp; 121114240 | &nbsp;&nbsp; — | &nbsp;&nbsp; 151628846 |
| United Kingdom | &nbsp;&nbsp; 73224389 | &nbsp;&nbsp; 146260340 | &nbsp;&nbsp; — | &nbsp;&nbsp; 219484729 |
| United States | &nbsp;&nbsp; 29626 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 29626 |
| Preferred Stocks |  |  |  |  |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 4394698 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4394698 |
| Rights/Warrants |  |  |  |  |
| Canada | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 77472974 | &nbsp;&nbsp; — | &nbsp;&nbsp; 77472974 |
| Total Investments in Securities | &nbsp;&nbsp; $318945181 | &nbsp;&nbsp; $1450305222 | &nbsp;&nbsp; — | &nbsp;&nbsp; $1769250403 |

---

See accompanying Notes to Financial Statements.

------

**World ex U.S. Value Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| INTERNATIONAL EQUITIES — (100.0%) | INTERNATIONAL EQUITIES — (100.0%) | INTERNATIONAL EQUITIES — (100.0%) |
| The DFA International Value Series |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $229148808 |
| Dimensional Emerging Markets Value Fund |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 131934951 |
| DFA International Small Cap Value Portfolio | &nbsp;&nbsp;&nbsp; 1192478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35917437 |
| TOTAL INTERNATIONAL EQUITIES | TOTAL INTERNATIONAL EQUITIES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 397001196 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES <br>(Cost $259,228,893) | TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES <br>(Cost $259,228,893) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $397001196 |

---

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Affiliated Investment Companies | &nbsp;&nbsp; $397001196 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $397001196 |
| Total Investments in Securities | &nbsp;&nbsp; $397001196 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $397001196 |

---

See accompanying Notes to Financial Statements.

------

**World ex U.S. Core Equity Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (96.7%) | COMMON STOCKS — (96.7%) | COMMON STOCKS — (96.7%) | COMMON STOCKS — (96.7%) |
| AUSTRALIA — (4.0%) | AUSTRALIA — (4.0%) | AUSTRALIA — (4.0%) | AUSTRALIA — (4.0%) |
| # | Accent Group Ltd. | 139081 | $116436 |
| # | Acrow Ltd. | 86318 | 63779 |
|  | Adairs Ltd. | 80169 | 106415 |
| #\* | Aeris Resources Ltd. | 134146 | 40356 |
|  | AGL Energy Ltd. | 72279 | 437842 |
| \* | AIC Mines Ltd. | 217295 | 68168 |
| #\* | Ainsworth Game <br> Technology Ltd.<br>| 68629 | 45822 |
| \* | Alkane Resources <br> Ltd.<br>| 156660 | 102755 |
|  | Alliance Aviation <br> Services Ltd.<br>| 24946 | 41295 |
| #\* | Alligator Energy Ltd. | 469718 | 8562 |
|  | ALS Ltd. | 101685 | 1443185 |
| \* | AMA Group Ltd. | 241943 | 14544 |
|  | Amotiv Ltd. | 46944 | 273453 |
|  | AMP Ltd. | 759463 | 886065 |
| #\* | Amplitude Energy <br> Ltd.<br>| 969863 | 152320 |
| # | Ampol Ltd. | 41379 | 831289 |
|  | Ansell Ltd. | 47501 | 1134808 |
| \* | Anson Resources <br> Ltd.<br>| 349043 | 18922 |
|  | ANZ Group Holdings <br> Ltd.<br>| 158717 | 3801542 |
| # | APA Group | 144369 | 867070 |
| #\* | Appen Ltd. | 37273 | 18808 |
|  | Arafura Rare Earths <br> Ltd.<br>| 51296 | 9565 |
| \* | Arafura Rare Earths <br> Ltd. (ARU AU)<br>| 277286 | 51613 |
|  | ARB Corp. Ltd. | 23940 | 562761 |
|  | Aristocrat Leisure Ltd. | 33567 | 1388839 |
| # | ARN Media Ltd. | 85589 | 29579 |
|  | ASX Ltd. | 8387 | 309454 |
|  | Atlas Arteria Ltd. | 133486 | 424057 |
|  | AUB Group Ltd. | 26795 | 647245 |
| \* | Aurelia Metals Ltd. | 437900 | 70182 |
|  | Aurizon Holdings Ltd. | 574668 | 1289263 |
|  | Aussie Broadband <br> Ltd.<br>| 60547 | 235555 |
| \* | Austal Ltd. | 145296 | 644264 |
|  | Austin Engineering <br> Ltd.<br>| 131962 | 22849 |
| #\* | Australian Agricultural <br> Co. Ltd.<br>| 61815 | 57852 |
|  | Australian Clinical <br> Labs Ltd.<br>| 68828 | 116934 |
|  | Australian Ethical <br> Investment Ltd.<br>| 36512 | 166907 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Australian Finance <br> Group Ltd.<br>| 60542 | $94264 |
| #\* | Australian Strategic <br> Materials Ltd.<br>| 27243 | 18026 |
| # | Autosports Group Ltd. | 16665 | 44905 |
| \* | Baby Bunting Group <br> Ltd.<br>| 37265 | 66728 |
|  | Bank of Queensland <br> Ltd.<br>| 218932 | 982327 |
|  | Bapcor Ltd. | 114656 | 189386 |
| \* | BCI Minerals Ltd. | 209203 | 52719 |
|  | Beach Energy Ltd. | 549533 | 446516 |
| # | Beacon Lighting <br> Group Ltd.<br>| 27743 | 50701 |
| \* | Beetaloo Energy <br> Australia Ltd.<br>| 124993 | 23276 |
|  | Bega Cheese Ltd. | 103747 | 360081 |
|  | Bell Financial Group <br> Ltd.<br>| 47306 | 39148 |
| \* | Bellevue Gold Ltd. | 335185 | 257019 |
|  | Bendigo & Adelaide <br> Bank Ltd.<br>| 131673 | 1089195 |
|  | BHP Group Ltd. (BHP <br> AU)<br>| 437849 | 12482285 |
| # | BHP Group Ltd. (BHP <br> LN), Class DI<br>| 36303 | 1033664 |
| # | BHP Group Ltd. (BHP <br> US), Sponsored <br> ADR<br>| 52042 | 2968996 |
|  | Bisalloy Steel Group <br> Ltd.<br>| 3803 | 12348 |
| #\* | Black Cat Syndicate <br> Ltd. (BC8 AU)<br>| 39271 | 26007 |
|  | BlueScope Steel Ltd. | 91602 | 1370471 |
| #\* | Boss Energy Ltd. | 108200 | 140424 |
| \* | Botanix <br> Pharmaceuticals <br> Ltd.<br>| 207005 | 18263 |
|  | Brambles Ltd. | 208343 | 3385483 |
|  | Bravura Solutions <br> Ltd.<br>| 115951 | 218234 |
| # | Breville Group Ltd. | 31644 | 613997 |
|  | Capral Ltd. | 5742 | 42411 |
| \* | Capricorn Metals Ltd. | 132193 | 1113086 |
|  | CAR Group Ltd. | 8393 | 195972 |
| #\* | Carnarvon Energy <br> Ltd.<br>| 648669 | 40715 |
| \* | Catapult Sports Ltd. | 33176 | 145658 |
|  | Cedar Woods <br> Properties Ltd.<br>| 24634 | 145610 |
|  | Challenger Ltd. | 167897 | 1021980 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| # | Champion Iron Ltd. | 101742 | $367949 |
| #\* | Chrysos Corp. Ltd. | 9367 | 49364 |
|  | Civmec Australia Ltd. | 80600 | 71095 |
|  | Cleanaway Waste <br> Management Ltd.<br>| 594561 | 991156 |
| # | Clinuvel <br> Pharmaceuticals <br> Ltd.<br>| 10177 | 76486 |
| \* | Coast Entertainment <br> Holdings Ltd.<br>| 124691 | 36742 |
| # | Cobram Estate Olives <br> Ltd.<br>| 29536 | 65630 |
|  | Cochlear Ltd. | 5480 | 1028814 |
|  | Codan Ltd. | 50884 | 1204982 |
| # | Cogstate Ltd. | 19223 | 34616 |
|  | Coles Group Ltd. | 177481 | 2559729 |
|  | Collins Foods Ltd. | 56133 | 392607 |
| \* | Comet Ridge Ltd. | 142861 | 12182 |
|  | Commonwealth Bank <br> of Australia<br>| 55690 | 6248696 |
|  | Computershare Ltd. | 66614 | 1591379 |
| #Ω | Coronado Global <br> Resources, Inc., <br> CDI<br>| 114480 | 27258 |
| # | Corporate Travel <br> Management Ltd.<br>| 31005 | 326005 |
|  | Credit Corp. Group <br> Ltd.<br>| 22305 | 209248 |
|  | CSL Ltd. | 14855 | 1731147 |
|  | Dalrymple Bay <br> Infrastructure Ltd.<br>| 78702 | 228159 |
|  | Data#3 Ltd. | 52371 | 301573 |
| #\* | Deep Yellow Ltd. | 250673 | 293781 |
|  | Deterra Royalties Ltd. | 118638 | 316291 |
| \* | Develop Global Ltd. | 50294 | 116776 |
|  | Dicker Data Ltd. | 24656 | 165040 |
| # | Domino's Pizza <br> Enterprises Ltd.<br>| 16767 | 200793 |
|  | Downer EDI Ltd. | 202815 | 1024423 |
| \* | DUG Technology Ltd. | 22647 | 32412 |
|  | Duratec Ltd. | 38399 | 53492 |
|  | Dyno Nobel Ltd. | 574618 | 1209211 |
| # | Eagers Automotive <br> Ltd.<br>| 56784 | 1263634 |
| \*†† | Elanor Investor Group | 19470 | 1962 |
| # | Elders Ltd. | 62291 | 288905 |
| #\* | Electro Optic Systems <br> Holdings Ltd.<br>| 60028 | 243484 |
| \* | Emeco Holdings Ltd. | 87420 | 68571 |
| \* | Emerald Resources <br> NL<br>| 204363 | 634653 |
| #\* | EML Payments Ltd. | 97511 | 61551 |
|  | Endeavour Group <br> Ltd.<br>| 404682 | 968183 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | EQT Holdings Ltd. | 6372 | $104570 |
|  | Euroz Hartleys Group <br> Ltd.<br>| 18894 | 12485 |
|  | Evolution Mining Ltd. | 618375 | 4375970 |
|  | EVT Ltd. | 31852 | 300958 |
|  | Fiducian Group Ltd. | 1992 | 15820 |
| †† | Firefinch Ltd. | 50216 | 1232 |
| \* | FleetPartners Group <br> Ltd.<br>| 73519 | 140449 |
|  | Fleetwood Ltd. | 28254 | 54523 |
| # | Flight Centre Travel <br> Group Ltd.<br>| 34635 | 278624 |
|  | Fortescue Ltd. | 221560 | 3081285 |
|  | G8 Education Ltd. | 397771 | 209355 |
|  | Generation <br> Development Group <br> Ltd.<br>| 34296 | 160512 |
| \* | Genesis Minerals Ltd. | 20590 | 78337 |
|  | GR Engineering <br> Services Ltd.<br>| 29384 | 70360 |
|  | GrainCorp Ltd., <br> Class A<br>| 75363 | 435902 |
|  | Grange Resources <br> Ltd.<br>| 238429 | 42122 |
|  | GWA Group Ltd. | 72185 | 116626 |
|  | Hansen Technologies <br> Ltd.<br>| 47570 | 173532 |
|  | Harvey Norman <br> Holdings Ltd.<br>| 168766 | 797604 |
| # | Healius Ltd. | 115502 | 67227 |
|  | Helia Group Ltd. | 140658 | 496096 |
| # | Helloworld Travel Ltd. | 30924 | 38418 |
| \* | Hipages Group <br> Holdings Ltd.<br>| 12881 | 11381 |
|  | Horizon Oil Ltd. | 202365 | 27156 |
|  | HUB24 Ltd. | 9731 | 725136 |
| # | Humm Group Ltd. | 182369 | 72095 |
|  | IDP Education Ltd. | 32070 | 117558 |
| \* | IGO Ltd. | 210057 | 736546 |
|  | Iluka Resources Ltd. | 104306 | 471585 |
|  | Imdex Ltd. | 181352 | 407694 |
| #\* | Immutep Ltd. (IMM <br> AU)<br>| 318779 | 58338 |
|  | Infomedia Ltd. | 99477 | 109611 |
|  | Inghams Group Ltd. | 115757 | 183219 |
| \* | Insignia Financial Ltd. | 198430 | 588141 |
|  | Insurance Australia <br> Group Ltd.<br>| 461627 | 2373150 |
| # | Integral Diagnostics <br> Ltd.<br>| 90368 | 152825 |
| \* | ioneer Ltd. | 109921 | 13287 |
| # | IPD Group Ltd. | 13727 | 33052 |
| # | IPH Ltd. | 52918 | 127596 |
|  | IRESS Ltd. | 49835 | 288559 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | IVE Group Ltd. | 47768 | $87092 |
| \* | James Hardie <br> Industries PLC<br>| 645 | 13500 |
| #\* | James Hardie <br> Industries PLC <br> (JHX AU), CDI<br>| 43669 | 919701 |
| # | JB Hi-Fi Ltd. | 33341 | 2280736 |
| \* | Judo Capital Holdings <br> Ltd.<br>| 253347 | 279653 |
|  | Jumbo Interactive <br> Ltd.<br>| 12500 | 95924 |
| # | Jupiter Mines Ltd. | 375027 | 63764 |
|  | Karoon Energy Ltd. | 161254 | 169718 |
| \* | Kelly Partners Group <br> Holdings Ltd.<br>| 6429 | 40151 |
|  | Kelsian Group Ltd. | 57067 | 181687 |
| # | Kogan.com Ltd. | 17812 | 37040 |
| # | L1 Group Ltd. | 163923 | 121107 |
|  | Lendlease Corp. Ltd. | 183258 | 664563 |
| \*†† | Leo Lithium Ltd. | 35869 | 0 |
|  | Liberty Financial <br> Group Ltd.<br>| 3657 | 9866 |
| # | Lifestyle Communities <br> Ltd.<br>| 29979 | 101460 |
| # | Lindsay Australia Ltd. | 117737 | 46566 |
|  | Lottery Corp. Ltd.  | 340266 | 1223942 |
| \* | Lotus Resources Ltd. | 387403 | 49284 |
|  | Lovisa Holdings Ltd. | 19939 | 471728 |
|  | Lycopodium Ltd. | 11283 | 92927 |
| \* | Lynas Rare Earths <br> Ltd.<br>| 92905 | 926204 |
|  | MA Financial Group <br> Ltd.<br>| 19168 | 120629 |
| # | Maas Group Holdings <br> Ltd.<br>| 20394 | 63277 |
|  | Macmahon Holdings <br> Ltd.<br>| 525240 | 161287 |
|  | Macquarie Group Ltd. | 15513 | 2212690 |
| \* | Macquarie Technology <br> Group Ltd.<br>| 2696 | 116621 |
| # | Mader Group Ltd. | 14929 | 86671 |
|  | Magellan Financial <br> Group Ltd.<br>| 56253 | 353571 |
| \* | Mayne Pharma Group <br> Ltd.<br>| 20385 | 56622 |
|  | McMillan Shakespeare <br> Ltd.<br>| 21795 | 245315 |
|  | Medibank Pvt Ltd. | 357450 | 1140798 |
| \* | Megaport Ltd. | 23381 | 251143 |
| #\* | Mesoblast Ltd. (MSB <br> AU)<br>| 379344 | 619963 |
| \* | Metals X Ltd. | 294661 | 162576 |
|  | Metcash Ltd. | 380940 | 948892 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| \* | Mineral Resources <br> Ltd.<br>| 24487 | $773360 |
|  | Monadelphous Group <br> Ltd.<br>| 37594 | 571400 |
| # | Monash IVF Group <br> Ltd.<br>| 105786 | 47805 |
|  | MotorCycle Holdings <br> Ltd.<br>| 9989 | 24616 |
| \* | Mount Gibson Iron <br> Ltd.<br>| 260860 | 61423 |
| # | Myer Holdings Ltd. | 428063 | 110494 |
|  | MyState Ltd. | 51906 | 150990 |
| \* | Nanosonics Ltd. | 5619 | 16828 |
|  | National Australia <br> Bank Ltd.<br>| 211468 | 6028964 |
|  | Navigator Global <br> Investments Ltd.<br>| 145868 | 237523 |
|  | Netwealth Group Ltd. | 44623 | 898170 |
|  | New Hope Corp. Ltd. | 161692 | 438831 |
| #\* | NEXTDC Ltd. | 88855 | 913512 |
|  | nib holdings Ltd. | 143169 | 705622 |
| # | Nick Scali Ltd. | 27296 | 453436 |
|  | Nickel Industries Ltd. | 525142 | 253665 |
|  | Nine Entertainment <br> Co. Holdings Ltd.<br>| 435013 | 330059 |
|  | Northern Star <br> Resources Ltd.<br>| 258418 | 4166947 |
| #\* | Novonix Ltd. | 20376 | 7640 |
|  | NRW Holdings Ltd. | 213519 | 676519 |
| \* | Nufarm Ltd. | 37589 | 51119 |
| \* | Nuix Ltd. | 41496 | 66243 |
|  | Objective Corp. Ltd. | 6963 | 84069 |
| #\* | OFX Group Ltd. | 34591 | 13944 |
|  | OM Holdings Ltd. | 46008 | 7671 |
| \* | Omni Bridgeway Ltd. | 56330 | 58736 |
|  | oOh!media Ltd. | 197528 | 177576 |
|  | Orica Ltd. | 102947 | 1496884 |
|  | Origin Energy Ltd. | 241189 | 1932845 |
|  | Orora Ltd. | 375804 | 494339 |
|  | Pacific Current Group <br> Ltd.<br>| 15421 | 103725 |
| #\* | Paladin Energy Ltd. | 57033 | 356725 |
| \* | Pantoro Gold Ltd. | 38120 | 127310 |
| #\* | Paragon Care Ltd. | 88823 | 18606 |
|  | Peet Ltd. | 131518 | 164495 |
| #\* | Peninsula Energy Ltd. | 87127 | 33577 |
|  | Pepper Money Ltd. | 22882 | 33381 |
|  | Perenti Ltd. | 285645 | 505920 |
|  | Perpetual Ltd. | 35235 | 441960 |
|  | Perseus Mining Ltd. | 649534 | 2061600 |
| # | Peter Warren <br> Automotive <br> Holdings Ltd.<br>| 23508 | 28683 |
| \* | PEXA Group Ltd. | 41157 | 407508 |
| #\* | Pilbara Minerals Ltd. | 235156 | 506005 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Pinnacle Investment <br> Management Group <br> Ltd.<br>| 5822 | $74971 |
|  | Praemium Ltd. | 17729 | 10587 |
|  | Premier Investments <br> Ltd.<br>| 28936 | 336838 |
|  | Pro Medicus Ltd. | 13699 | 2352185 |
| # | Propel Funeral <br> Partners Ltd.<br>| 17155 | 56279 |
| # | PWR Holdings Ltd. | 23772 | 132204 |
|  | Qantas Airways Ltd. | 74582 | 496875 |
|  | QBE Insurance Group <br> Ltd.<br>| 405890 | 5266250 |
|  | Qube Holdings Ltd. | 310211 | 889045 |
|  | Ramelius Resources <br> Ltd.<br>| 601153 | 1300528 |
| # | Ramsay Health Care <br> Ltd.<br>| 48246 | 1012202 |
|  | REA Group Ltd. | 7988 | 1113023 |
| #\* | ReadyTech Holdings <br> Ltd.<br>| 11844 | 16970 |
| # | Reece Ltd. | 21676 | 165471 |
| # | Regal Partners Ltd. | 43887 | 83724 |
|  | Regis Healthcare Ltd. | 64338 | 311828 |
|  | Regis Resources Ltd. | 271203 | 1138511 |
|  | Reliance Worldwide <br> Corp. Ltd.<br>| 227602 | 617149 |
| \* | Renascor Resources <br> Ltd.<br>| 246107 | 13687 |
| \* | Resolute Mining Ltd. | 773535 | 481447 |
| \* | Retail Food Group <br> Ltd.<br>| 19779 | 18976 |
|  | Ridley Corp. Ltd. | 129096 | 250065 |
|  | Rio Tinto Ltd. | 47943 | 4162711 |
| \* | RPMGlobal Holdings <br> Ltd.<br>| 57648 | 183536 |
| \* | Sandfire Resources <br> Ltd.<br>| 206290 | 2184922 |
|  | Santos Ltd. | 928732 | 3835789 |
|  | SEEK Ltd. | 52818 | 934725 |
| \* | Select Harvests Ltd. | 43556 | 110713 |
|  | Servcorp Ltd. | 17474 | 84368 |
|  | Service Stream Ltd. | 247108 | 366598 |
| #\* | Seven West Media <br> Ltd.<br>| 350264 | 31519 |
|  | SGH Ltd. | 33336 | 1056265 |
|  | Shaver Shop Group <br> Ltd.<br>| 37320 | 34447 |
| # | Sigma Healthcare <br> Ltd.<br>| 468793 | 953086 |
| #\* | Silver Mines Ltd. | 257378 | 28560 |
| # | Sims Ltd. (SGM AU) | 51609 | 538379 |
|  | SmartGroup Corp. <br> Ltd.<br>| 30144 | 161143 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Solvar Ltd. | 55550 | $56817 |
|  | Sonic Healthcare Ltd. | 56634 | 783848 |
|  | South32 Ltd. (S32 <br> AU)<br>| 467955 | 967771 |
|  | Southern Cross <br> Electrical <br> Engineering Ltd.<br>| 83115 | 133618 |
| # | Southern Cross Media <br> Group Ltd.<br>| 54067 | 29862 |
| \*†† | SpeedCast <br> International Ltd.<br>| 165938 | 0 |
|  | SRG Global Ltd. | 198496 | 356932 |
| #\* | St Barbara Ltd. | 310903 | 104630 |
|  | Stanmore Resources <br> Ltd.<br>| 107303 | 150807 |
|  | Steadfast Group Ltd. | 222164 | 813856 |
| \* | Strickland Metals Ltd. | 90317 | 11218 |
|  | Suncorp Group Ltd. | 160468 | 2059912 |
| \* | Sunstone Metals Ltd. | 566416 | 8169 |
|  | Super Retail Group <br> Ltd.<br>| 81947 | 856457 |
| \* | Superloop Ltd. | 120069 | 244963 |
| #\* | Syrah Resources Ltd. | 121912 | 27100 |
|  | Tabcorp Holdings Ltd. | 771215 | 535910 |
|  | Technology One Ltd. | 81650 | 1966461 |
| #\* | Telix Pharmaceuticals <br> Ltd.<br>| 8707 | 92134 |
|  | Telstra Group Ltd. <br> (TLS AU)<br>| 455524 | 1455324 |
| \* | Temple & Webster <br> Group Ltd.<br>| 6889 | 107067 |
|  | Ten Sixty Four Ltd. | 85990 | 6189 |
|  | TPG Telecom Ltd. | 81760 | 295751 |
|  | Transurban Group | 142785 | 1350988 |
| # | Treasury Wine <br> Estates Ltd.<br>| 97931 | 383586 |
| \* | Tuas Ltd. | 70104 | 322656 |
| #\* | Tyro Payments Ltd. | 93153 | 67605 |
|  | Universal Store <br> Holdings Ltd.<br>| 2706 | 15697 |
| \* | Vault Minerals Ltd. | 2305866 | 1096239 |
|  | Ventia Services Group <br> Pty. Ltd.<br>| 320736 | 1201337 |
| Ω | Viva Energy Group <br> Ltd.<br>| 310762 | 373018 |
| #\* | Vulcan Energy <br> Resources Ltd.<br>| 45082 | 198302 |
|  | Wagners Holding Co. <br> Ltd.<br>| 3531 | 6233 |
| # | Washington H Soul <br> Pattinson & Co. <br> Ltd.<br>| 25375 | 623496 |
| \* | WEB Travel Group <br> Ltd.<br>| 39553 | 107912 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| #\* | Webjet Group Ltd. | 88207 | $48447 |
|  | Wesfarmers Ltd. | 85628 | 4699801 |
| \* | West African <br> Resources Ltd.<br>| 453612 | 374661 |
|  | Westgold Resources <br> Ltd.<br>| 277928 | 962608 |
|  | Westpac Banking <br> Corp.<br>| 185464 | 4693067 |
|  | Whitehaven Coal Ltd. | 259742 | 1220814 |
|  | WiseTech Global Ltd. | 8765 | 395319 |
|  | Woodside Energy <br> Group Ltd. (WDS <br> AU)<br>| 85172 | 1380250 |
|  | Woodside Energy <br> Group Ltd. (WDS <br> LN)<br>| 19303 | 313223 |
| # | Woodside Energy <br> Group Ltd. (WDS <br> US), ADR<br>| 26346 | 427066 |
|  | Woolworths Group <br> Ltd.<br>| 68332 | 1269540 |
|  | Worley Ltd. | 99349 | 927820 |
| \* | Xero Ltd. | 13958 | 1320499 |
|  | XRF Scientific Ltd. | 28628 | 39089 |
| # | Yancoal Australia Ltd. | 114661 | 417198 |
| \* | Zip Co. Ltd. | 104780 | 263293 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 194064694 |
| AUSTRIA — (0.4%) | AUSTRIA — (0.4%) | AUSTRIA — (0.4%) | AUSTRIA — (0.4%) |
| \* | Addiko Bank AG | 4609 | 111974 |
|  | Agrana Beteiligungs <br> AG<br>| 3069 | 42610 |
|  | ANDRITZ AG | 21497 | 1625299 |
| \* | AT&S Austria <br> Technologie & <br> Systemtechnik AG<br>| 5037 | 186977 |
| Ω | BAWAG Group AG | 25816 | 3336234 |
|  | CA Immobilien <br> Anlagen AG<br>| 4920 | 136759 |
| \* | CPI Europe AG | 6245 | 121740 |
|  | DO & Co. AG | 3370 | 803903 |
|  | Erste Group Bank AG | 33760 | 3497160 |
| \* | Eurotelesites AG | 17409 | 97127 |
|  | EVN AG | 13989 | 408227 |
| \* | FACC AG | 1947 | 19657 |
|  | Frequentis AG | 473 | 38961 |
| \* | Immofinanz AG (IIA <br> AV)<br>| 12053 | 0 |
| #\* | Lenzing AG | 2954 | 88368 |
|  | Mayr Melnhof Karton <br> AG<br>| 1733 | 157917 |
|  | Oesterreichische Post <br> AG<br>| 9276 | 320653 |
|  | OMV AG | 48840 | 2673801 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) |
|  | Palfinger AG | 3950 | $147972 |
|  | Porr AG | 6862 | 217782 |
|  | Raiffeisen Bank <br> International AG<br>| 26575 | 990720 |
|  | SBO AG | 2329 | 77212 |
|  | Semperit AG Holding | 1666 | 24969 |
|  | Strabag SE (STR AV) | 5446 | 426069 |
|  | Telekom Austria AG | 49868 | 530338 |
| \* | UBM Development <br> AG<br>| 1357 | 37535 |
|  | UNIQA Insurance <br> Group AG<br>| 36734 | 539673 |
|  | Verbund AG | 4926 | 380190 |
|  | Vienna Insurance <br> Group AG Wiener <br> Versicherung <br> Gruppe<br>| 15545 | 797333 |
|  | voestalpine AG | 30687 | 1092642 |
|  | Wienerberger AG | 35067 | 1040951 |
|  | Zumtobel Group AG | 7184 | 30919 |
| TOTAL AUSTRIA | TOTAL AUSTRIA |  | 20001672 |
| BELGIUM — (0.7%) | BELGIUM — (0.7%) | BELGIUM — (0.7%) | BELGIUM — (0.7%) |
|  | Ackermans & van <br> Haaren NV<br>| 9235 | 2299955 |
|  | Ageas SA | 62536 | 4138606 |
| \* | AGFA-Gevaert NV | 61134 | 58510 |
|  | Anheuser-Busch <br> InBev SA (ABI BB)<br>| 83257 | 5076779 |
| \* | Argenx SE (ARGX <br> BB)<br>| 353 | 288919 |
| \* | Argenx SE (ARGX <br> US), ADR<br>| 721 | 590139 |
| \* | Atenor | 4770 | 15220 |
|  | Azelis Group NV | 25006 | 295688 |
|  | Barco NV | 12694 | 181040 |
|  | Bekaert SA | 14584 | 609214 |
| #\* | bpost SA | 21271 | 51608 |
|  | Cie <br> d'Entreprises CFE<br>| 5331 | 55029 |
| \* | CMB Tech NV | 31088 | 295982 |
|  | Colruyt Group NV | 11361 | 424288 |
|  | Deceuninck NV | 28652 | 68197 |
|  | Deme Group NV | 2932 | 442986 |
|  | D'ieteren Group | 2930 | 535231 |
|  | Econocom Group SA <br> NV<br>| 33625 | 66283 |
|  | Elia Group SA | 5960 | 718349 |
|  | EVS Broadcast <br> Equipment SA<br>| 4646 | 194256 |
|  | Fagron | 23221 | 551787 |
| \* | Galapagos NV (GLPG <br> BB)<br>| 11025 | 349469 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) | BELGIUM — (Continued) |
| \* | Galapagos NV (GLPG <br> NA)<br>| 5777 | $183927 |
|  | Gimv NV | 9015 | 486793 |
| \* | Hyloris <br> Pharmaceuticals <br> SA<br>| 480 | 3275 |
| \* | Immobel SA | 1567 | 44759 |
| # | Ion Beam <br> Applications<br>| 1418 | 17852 |
|  | Jensen-Group NV | 1808 | 130430 |
|  | KBC Group NV | 55069 | 6625319 |
|  | Kinepolis Group NV | 3839 | 131656 |
|  | Lotus Bakeries NV | 137 | 1195278 |
| # | Melexis NV | 4678 | 336689 |
| #\* | Ontex Group NV | 16997 | 124248 |
| \* | Orange Belgium SA | 8117 | 178677 |
|  | Proximus SADP | 40263 | 345850 |
|  | Recticel SA | 16564 | 163179 |
|  | Sipef NV | 2093 | 188197 |
|  | Solvay SA | 27594 | 846934 |
|  | Syensqo SA | 14814 | 1222841 |
| # | Tessenderlo Group <br> SA<br>| 7805 | 235784 |
|  | UCB SA | 13280 | 3414845 |
|  | Umicore SA | 17977 | 342328 |
|  | Van de Velde NV | 2114 | 73715 |
|  | VGP NV | 4022 | 464646 |
|  | Viohalco SA | 4480 | 43895 |
| TOTAL BELGIUM | TOTAL BELGIUM |  | 34108652 |
| BRAZIL — (1.0%) | BRAZIL — (1.0%) | BRAZIL — (1.0%) | BRAZIL — (1.0%) |
| \* | Allianca Saude e <br> Participacoes SA<br>| 3604 | 4147 |
|  | Allied Tecnologia SA | 30900 | 58642 |
|  | Allos SA | 81236 | 376738 |
|  | Alupar Investimento <br> SA<br>| 47889 | 290007 |
|  | Ambev SA (ABEV <br> US), ADR<br>| 117295 | 270951 |
|  | Anima Holding SA | 94515 | 62015 |
|  | Armac Locacao <br> Logistica E Servicos <br> SA<br>| 6800 | 4740 |
| \* | Aura Minerals, Inc. | 2500 | 80825 |
|  | Auren Energia SA | 9752 | 19921 |
|  | B3 SA - Brasil Bolsa <br> Balcao<br>| 285643 | 672170 |
|  | Banco Bradesco SA <br> (BBDC3 BZ)<br>| 90192 | 259346 |
|  | Banco BTG Pactual <br> SA<br>| 22065 | 200227 |
|  | Banco do Brasil SA | 128624 | 523586 |
|  | Banco Santander <br> Brasil SA<br>| 236463 | 1368685 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | BB Seguridade <br> Participacoes SA<br>| 72955 | $445464 |
|  | Bemobi Mobile Tech <br> SA<br>| 21514 | 93775 |
| \* | Blau Farmaceutica <br> SA<br>| 16500 | 41036 |
|  | Boa Safra Sementes <br> SA<br>| 28190 | 55018 |
|  | BR Advisory Partners <br> Participacoes SA<br>| 16368 | 59023 |
|  | BrasilAgro - Co. <br> Brasileira de <br> Propriedades <br> Agricolas<br>| 30201 | 112160 |
| \* | Brava Energia | 11391 | 31250 |
|  | C&A Modas SA | 69733 | 210627 |
|  | Caixa Seguridade <br> Participacoes SA<br>| 23666 | 65852 |
|  | Camil Alimentos SA | 9357 | 9531 |
|  | Centrais Eletricas <br> Brasileiras SA<br>| 74531 | 771916 |
| \* | Cia Brasileira de <br> Aluminio<br>| 86745 | 83682 |
| \* | Cia Brasileira de <br> Distribuicao<br>| 143436 | 100246 |
|  | Cia de Saneamento <br> Basico do Estado <br> de Sao Paulo <br> SABESP (SBS US), <br> ADR<br>| 2100 | 51534 |
|  | Cia de Saneamento <br> Basico do Estado <br> de Sao Paulo <br> SABESP (SBSP3 <br> BZ)<br>| 30824 | 755310 |
|  | Cia de Saneamento <br> de Minas Gerais <br> Copasa MG<br>| 66502 | 467125 |
|  | Cia De Sanena Do <br> Parana (SAPR11 <br> BZ)<br>| 85475 | 547808 |
|  | Cia De Sanena Do <br> Parana (SAPR3 <br> BZ)<br>| 35300 | 46848 |
|  | Cia Energetica de <br> Minas Gerais (CIG <br> US), Sponsored <br> ADR<br>| 12653 | 26444 |
|  | Cia Energetica de <br> Minas Gerais <br> (CMIG3 BZ)<br>| 55020 | 148699 |
|  | Cia Paranaense de <br> Energia - Copel<br>| 120963 | 294766 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Cia Paranaense de <br> Energia - Copel, <br> ADR<br>| 1200 | $11652 |
|  | Cia Siderurgica <br> Nacional SA <br> (CSNA3 BZ)<br>| 150260 | 263656 |
|  | Cogna Educacao SA | 708835 | 492763 |
| \* | Cosan SA | 41315 | 47229 |
|  | CPFL Energia SA | 23416 | 181062 |
|  | Cruzeiro do Sul <br> Educacional SA<br>| 89202 | 96664 |
|  | CSU Digital SA | 8100 | 26875 |
|  | Cury Construtora e <br> Incorporadora SA<br>| 48100 | 312385 |
|  | Cyrela Brazil Realty <br> SA <br> Empreendimentos e <br> Participacoes<br>| 96487 | 546466 |
| Ω | Desktop SA | 36610 | 104115 |
|  | Dexco SA | 122906 | 122450 |
| \* | Diagnosticos da <br> America SA<br>| 39480 | 12769 |
|  | Dimed SA <br> Distribuidora da <br> Medicamentos<br>| 29900 | 52187 |
|  | Direcional Engenharia <br> SA<br>| 96675 | 305122 |
|  | EcoRodovias <br> Infraestrutura e <br> Logistica SA<br>| 68469 | 101432 |
|  | Embraer SA (EMBR3 <br> BZ)<br>| 89895 | 1453539 |
|  | Empreendimentos <br> Pague Menos SA<br>| 129519 | 93890 |
|  | Energisa SA | 57320 | 552216 |
| \* | Eneva SA | 83675 | 284778 |
|  | Engie Brasil Energia <br> SA<br>| 27586 | 205102 |
|  | Equatorial Energia <br> SA<br>| 115031 | 783629 |
|  | Even Construtora e <br> Incorporadora SA<br>| 52473 | 72663 |
|  | Ez Tec <br> Empreendimentos e <br> Participacoes SA<br>| 43319 | 149363 |
|  | Fleury SA | 62825 | 169909 |
|  | Fras-Le SA | 20106 | 85769 |
| # | Gerdau SA, <br> Sponsored ADR<br>| 211221 | 737161 |
| Ω | GPS Participacoes e <br> Empreendimentos <br> SA<br>| 44674 | 157938 |
|  | Grendene SA | 73050 | 71421 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Grupo Mateus SA | 104653 | $125274 |
|  | Grupo SBF SA | 46303 | 111111 |
|  | Guararapes <br> Confeccoes SA<br>| 48200 | 90757 |
| \*Ω | Hapvida Participacoes <br> e Investimentos SA<br>| 30355 | 176489 |
| \* | Hidrovias do Brasil <br> SA<br>| 44109 | 32057 |
|  | Hospital Mater Dei <br> SA<br>| 12100 | 9581 |
|  | Hypera SA | 93355 | 448386 |
|  | Iochpe Maxion SA | 41160 | 83774 |
|  | Irani Papel e <br> Embalagem SA<br>| 35169 | 58310 |
| \* | IRB-Brasil Resseguros <br> SA<br>| 30327 | 278133 |
| \* | Jalles Machado SA | 59829 | 30471 |
| \* | JBS NV, BDR | 58404 | 776086 |
|  | JHSF Participacoes <br> SA<br>| 143259 | 175481 |
|  | JSL SA | 40755 | 40907 |
|  | Kepler Weber SA | 46800 | 80465 |
|  | Klabin SA | 341626 | 1145537 |
|  | Lavvi <br> Empreendimentos <br> Imobiliarios SA<br>| 28200 | 78363 |
|  | Localiza Rent a Car <br> SA<br>| 194552 | 1426246 |
|  | LOG Commercial <br> Properties e <br> Participacoes SA<br>| 12594 | 55481 |
| \* | Log-in Logistica <br> Intermodal SA<br>| 10894 | 66823 |
|  | Lojas Quero-Quero <br> SA<br>| 54141 | 21133 |
|  | Lojas Renner SA | 292988 | 808175 |
| Ω | LWSA SA | 115435 | 83895 |
|  | M Dias Branco SA | 14158 | 77159 |
|  | Magazine Luiza SA | 105927 | 166768 |
|  | Mahle Metal Leve SA | 16900 | 93705 |
|  | Marcopolo SA | 50800 | 64398 |
|  | MBRF Global Foods <br> Co. SA<br>| 132919 | 441503 |
| \*Ω | Meliuz SA | 63300 | 52594 |
|  | Melnick Even <br> Desenvolvimento <br> Imobiliario SA<br>| 52047 | 38020 |
|  | Mills Locacao <br> Servicos e Logistica <br> SA<br>| 50104 | 121536 |
| \* | Minerva SA | 25386 | 33880 |
|  | Motiva Infraestrutura <br> de Mobilidade SA<br>| 215233 | 635303 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Moura Dubeux <br> Engenharia SA<br>| 25187 | $129447 |
|  | Movida Participacoes <br> SA<br>| 49607 | 75518 |
|  | MPM Corporeos SA | 12100 | 2586 |
| \* | MRV Engenharia e <br> Participacoes SA<br>| 139788 | 196433 |
|  | Multiplan <br> Empreendimentos <br> Imobiliarios SA<br>| 40891 | 208941 |
| \* | Natura Cosmeticos <br> SA<br>| 203694 | 341134 |
|  | Neoenergia SA | 35776 | 194043 |
| \* | Oceanpact Servicos <br> Maritimos SA<br>| 27300 | 38515 |
|  | Odontoprev SA | 84793 | 200637 |
| \* | Oncoclinicas do Brasil <br> Servicos Medicos <br> SA<br>| 36600 | 14763 |
| \* | Orizon Valorizacao de <br> Residuos SA<br>| 4128 | 42554 |
|  | Pet Center Comercio <br> e Participacoes SA<br>| 59500 | 41142 |
|  | Petroleo Brasileiro SA <br> - Petrobras<br>| 591115 | 3462120 |
|  | Petroleo Brasileiro SA <br> - Petrobras (PBRA <br> US), Sponsored <br> ADR<br>| 24230 | 267741 |
|  | Petroreconcavo SA | 45407 | 104825 |
|  | Plano & Plano <br> Desenvolvimento <br> Imobiliario SA<br>| 19900 | 54041 |
|  | Porto Seguro SA | 92486 | 826021 |
|  | Positivo Tecnologia <br> SA<br>| 23500 | 17953 |
| \* | PRIO SA | 226863 | 1519325 |
|  | Profarma Distribuidora <br> de Produtos <br> Farmaceuticos SA<br>| 15232 | 23783 |
|  | Qualicorp Consultoria <br> e Corretora de <br> Seguros SA<br>| 43800 | 22063 |
|  | Raia Drogasil SA | 145600 | 541269 |
| Ω | Rede D'Or Sao Luiz <br> SA<br>| 15563 | 125374 |
|  | Romi SA | 26826 | 40588 |
|  | Rumo SA | 63328 | 187396 |
|  | Sao Carlos <br> Empreendimentos e <br> Participacoes SA<br>| 9300 | 36180 |
|  | Sao Martinho SA | 42800 | 111695 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
| # | Sendas Distribuidora <br> SA (ASAI US), <br> ADR<br>| 3578 | $28159 |
|  | Sendas Distribuidora <br> SA (ASAI3 BZ)<br>| 439430 | 702441 |
| Ω | Ser Educacional SA | 45190 | 85509 |
|  | Simpar SA | 103999 | 89309 |
|  | SLC Agricola SA | 46292 | 138962 |
|  | Smartfit Escola de <br> Ginastica e Danca <br> SA<br>| 60395 | 282669 |
|  | Suzano SA (SUZB3 <br> BZ)<br>| 117293 | 1065894 |
|  | Tegma Gestao <br> Logistica SA<br>| 10018 | 67836 |
| # | Telefonica Brasil SA <br> (VIV US), ADR<br>| 1013 | 12085 |
|  | Telefonica Brasil SA <br> (VIVT3 BZ)<br>| 53240 | 317069 |
|  | TIM SA | 197300 | 890792 |
|  | TOTVS SA | 29773 | 245546 |
|  | Transmissora Alianca <br> de Energia Eletrica <br> SA<br>| 75150 | 532201 |
|  | Tres Tentos <br> Agroindustrial SA<br>| 27032 | 80444 |
|  | Trisul SA | 36232 | 51453 |
|  | Tupy SA | 25871 | 59533 |
|  | Ultrapar Participacoes <br> SA (UGPA3 BZ)<br>| 151577 | 603214 |
|  | Unifique <br> Telecomunicacoes <br> SA<br>| 64180 | 57500 |
|  | Unipar Carbocloro SA | 8239 | 91732 |
| \* | Usinas Siderurgicas <br> de Minas Gerais SA <br> Usiminas<br>| 29569 | 30943 |
|  | Vale SA (VALE US), <br> Sponsored ADR<br>| 75500 | 912795 |
|  | Vale SA (VALE3 BZ) | 397700 | 4824189 |
|  | Valid Solucoes e <br> Servicos de <br> Seguranca em <br> Meios de <br> Pagamento e <br> Identificacao SA<br>| 28985 | 119335 |
|  | Vamos Locacao de <br> Caminhoes <br> Maquinas e <br> Equipamentos SA<br>| 130853 | 78804 |
|  | Veste SA Estilo | 1700 | 1501 |
|  | Vibra Energia SA | 259310 | 1147144 |
|  | Vittia SA | 8200 | 7362 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Vivara Participacoes <br> SA<br>| 28310 | $164178 |
|  | Vulcabras SA | 33216 | 142620 |
|  | WEG SA | 61968 | 484921 |
|  | Wiz Co. | 25600 | 39542 |
|  | YDUQS Participacoes <br> SA<br>| 81542 | 215376 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 46429265 |
| CANADA — (7.8%) | CANADA — (7.8%) | CANADA — (7.8%) | CANADA — (7.8%) |
| \* | 5N Plus, Inc. | 22100 | 316086 |
|  | Acadian Timber Corp. | 4133 | 42227 |
| \* | ACT Energy <br> Technologies Ltd.<br>| 7700 | 29097 |
|  | ADENTRA, Inc. | 4145 | 103939 |
| # | ADF Group, Inc. | 6900 | 35372 |
| \* | Advantage Energy <br> Ltd.<br>| 61829 | 490647 |
|  | Aecon Group, Inc. | 25549 | 563242 |
|  | AG Growth <br> International, Inc.<br>| 3837 | 98705 |
|  | AGF Management <br> Ltd., Class B<br>| 30300 | 302017 |
|  | Agnico Eagle Mines <br> Ltd. (AEM CN)<br>| 21629 | 3478694 |
|  | Agnico Eagle Mines <br> Ltd. (AEM US)<br>| 30196 | 4855838 |
| #\* | Aimia, Inc. | 23772 | 47203 |
| \* | Air Canada | 45403 | 596935 |
|  | Alamos Gold, Inc. <br> (AGI CN), Class A<br>| 33219 | 1024127 |
|  | Alamos Gold, Inc. <br> (AGI US), Class A<br>| 66737 | 2054832 |
|  | Algoma Central Corp. | 4600 | 57067 |
| # | Algoma Steel Group, <br> Inc. (ASTL US)<br>| 18583 | 77491 |
| # | Algonquin Power & <br> Utilities Corp. (AQN <br> CN)<br>| 23300 | 130077 |
|  | Algonquin Power & <br> Utilities Corp. (AQN <br> US)<br>| 110120 | 614470 |
|  | Alimentation <br> Couche-Tard, Inc.<br>| 57848 | 2939935 |
| \* | Allied Gold Corp. | 28093 | 427439 |
|  | AltaGas Ltd. | 97660 | 2866680 |
|  | Altius Minerals Corp. | 8140 | 220309 |
|  | Altus Group Ltd. | 4925 | 202330 |
|  | Amerigo Resources <br> Ltd.<br>| 65100 | 142031 |
|  | Andlauer Healthcare <br> Group, Inc.<br>| 7033 | 272785 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Andrew Peller Ltd., <br> Class A<br>| 10400 | $36927 |
|  | ARC Resources Ltd. | 223662 | 4125431 |
| \* | Aritzia, Inc. | 39144 | 2734261 |
| \* | Arizona Sonoran <br> Copper Co., Inc.<br>| 9300 | 26192 |
|  | Atco Ltd., Class I | 16401 | 618012 |
| \* | Athabasca Oil Corp. | 187300 | 920108 |
|  | AtkinsRealis Group, <br> Inc.<br>| 26330 | 1856832 |
| \* | ATS Corp. (ATS CN) | 14128 | 388619 |
| \* | Aurora Cannabis, Inc. <br> (ACB CN)<br>| 552 | 2741 |
| #\* | Aurora Cannabis, Inc. <br> (ACB US)<br>| 471 | 2331 |
| \* | AutoCanada, Inc. | 8401 | 151482 |
|  | B2Gold Corp. (BTG <br> US)<br>| 259700 | 1140083 |
|  | B2Gold Corp. (BTO <br> CN)<br>| 337844 | 1478994 |
|  | Badger Infrastructure <br> Solutions Ltd.<br>| 13920 | 730365 |
| #\* | Ballard Power <br> Systems, Inc. <br> (BLDP CN)<br>| 4900 | 17433 |
| #\* | Ballard Power <br> Systems, Inc. <br> (BLDP US)<br>| 51268 | 183027 |
|  | Bank of Montreal <br> (BMO US)<br>| 67310 | 8358556 |
| # | Bank of Nova Scotia <br> (BNS CN)<br>| 3916 | 256841 |
|  | Bank of Nova Scotia <br> (BNS US)<br>| 73748 | 4837869 |
|  | Barrick Mining Corp. | 32190 | 1055832 |
|  | Barrick Mining Corp. <br> (ABX CN)<br>| 3391 | 111313 |
|  | Barrick Mining Corp. <br> (B US)<br>| 150752 | 4944666 |
| #\* | Bausch & Lomb <br> Corp.<br>| 9857 | 147264 |
| \* | Bausch Health Cos., <br> Inc. (BHC CN)<br>| 29319 | 206532 |
| \* | Bausch Health Cos., <br> Inc. (BHC US)<br>| 12986 | 91162 |
|  | Baytex Energy Corp. | 216939 | 524347 |
| # | BCE, Inc. (BCE CN) | 156 | 3566 |
| # | BCE, Inc. (BCE US) | 12628 | 288676 |
|  | Birchcliff Energy Ltd. | 95315 | 444448 |
| # | Bird Construction, <br> Inc.<br>| 19843 | 426141 |
|  | Black Diamond Group <br> Ltd.<br>| 16027 | 170834 |
| #\*,\* | BlackBerry Ltd. | 58352 | 284791 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | BMTC Group, Inc. | 1900 | $17611 |
| \* | Bombardier, Inc. <br> (BBD/A CN), <br> Class A<br>| 504 | 69763 |
| #\* | Bombardier, Inc. <br> (BBD/B CN), <br> Class B<br>| 15738 | 2198972 |
| #\* | Bonterra Energy <br> Corp.<br>| 12185 | 31450 |
| # | Boralex, Inc., Class A | 22043 | 442573 |
|  | Boyd Group, Inc. | 6629 | 1058853 |
| \* | Bragg Gaming Group, <br> Inc.<br>| 2600 | 6188 |
|  | Brookfield Corp. (BN <br> US)<br>| 35638 | 1641130 |
|  | Brookfield <br> Infrastructure Corp., <br> Class A<br>| 23900 | 1082909 |
| # | Brookfield Renewable <br> Corp.<br>| 4500 | 194670 |
|  | Brookfield Wealth <br> Solutions Ltd.<br>| 852 | 39252 |
| # | BRP, Inc. (DOO CN) | 18 | 1129 |
|  | BRP, Inc. (DOOO <br> US)<br>| 3234 | 203160 |
| \* | CAE, Inc. (CAE CN) | 5583 | 156756 |
| \* | CAE, Inc. (CAE US) | 36662 | 1028736 |
| \* | Calfrac Well Services <br> Ltd.<br>| 8000 | 17454 |
|  | Calian Group Ltd. | 3900 | 140423 |
|  | Cameco Corp. (CCJ <br> US)<br>| 9765 | 998081 |
|  | Canaccord Genuity <br> Group, Inc.<br>| 29551 | 247777 |
| \* | Canada Goose <br> Holdings, Inc. <br> (GOOS CN)<br>| 3400 | 47344 |
| \* | Canada Goose <br> Holdings, Inc. <br> (GOOS US)<br>| 12400 | 172732 |
| \* | Canada Packers, Inc. | 5181 | 61800 |
|  | Canadian Imperial <br> Bank of Commerce <br> (CM US)<br>| 73320 | 6076028 |
|  | Canadian National <br> Railway Co. (CNI <br> US)<br>| 35088 | 3365290 |
|  | Canadian National <br> Railway Co. (CNR <br> CN)<br>| 60 | 5753 |
|  | Canadian Natural <br> Resources Ltd. <br> (CNQ CN)<br>| 568 | 18171 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Canadian Natural <br> Resources Ltd. <br> (CNQ US)<br>| 254516 | $8149602 |
|  | Canadian Pacific <br> Kansas City Ltd. <br> (CP US)<br>| 20575 | 1480371 |
| # | Canadian Tire Corp. <br> Ltd., Class A<br>| 19795 | 2270169 |
| # | Canadian Utilities Ltd., <br> Class A<br>| 24441 | 684498 |
| \* | Canfor Corp. | 16248 | 141680 |
| # | Capital Power Corp. | 32001 | 1619957 |
| \* | Capstone Copper <br> Corp.<br>| 147815 | 1319485 |
| # | Cardinal Energy Ltd. | 45786 | 260506 |
| # | Cargojet, Inc. | 1100 | 64108 |
|  | Cascades, Inc. | 40855 | 323624 |
|  | CCL Industries, Inc., <br> Class B<br>| 38688 | 2158176 |
| \* | Celestica, Inc. (CLS <br> CN)<br>| 21675 | 7462270 |
| \* | Celestica, Inc. (CLS <br> US)<br>| 21881 | 7537567 |
|  | Cenovus Energy, Inc. <br> (CVE CN)<br>| 50104 | 846647 |
|  | Cenovus Energy, Inc. <br> (CVE US)<br>| 292658 | 4951773 |
|  | Centerra Gold, Inc. | 75250 | 881507 |
|  | CES Energy Solutions <br> Corp.<br>| 98206 | 672888 |
|  | CGI, Inc. (GIB US) | 12981 | 1129347 |
|  | CGI, Inc. (GIBA CN) | 12368 | 1076352 |
| \* | Cineplex, Inc. | 20543 | 185137 |
| \* | Cipher <br> Pharmaceuticals, <br> Inc.<br>| 4757 | 50197 |
|  | Cogeco <br> Communications, <br> Inc.<br>| 5105 | 232438 |
|  | Cogeco, Inc. | 1507 | 62996 |
|  | Colliers International <br> Group, Inc. (CIGI <br> CN)<br>| 1500 | 239296 |
|  | Colliers International <br> Group, Inc. (CIGI <br> US)<br>| 6864 | 1095014 |
|  | Computer Modelling <br> Group Ltd.<br>| 20884 | 79215 |
|  | Constellation <br> Software, Inc.<br>| 1541 | 4055438 |
|  | Corby Spirit & Wine <br> Ltd.<br>| 3900 | 38151 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| #\* | Cronos Group, Inc. <br> (CRON CN)<br>| 7100 | $17870 |
| #\* | Cronos Group, Inc. <br> (CRON US)<br>| 57534 | 144410 |
|  | Definity Financial <br> Corp.<br>| 31708 | 1475132 |
| \* | Denison Mines Corp. <br> (DML CN)<br>| 74 | 236 |
|  | dentalcorp Holdings <br> Ltd.<br>| 49 | 381 |
| \* | Descartes Systems <br> Group, Inc. (DSGX <br> US)<br>| 6343 | 559516 |
|  | Dexterra Group, Inc. | 11616 | 88120 |
| \* | Docebo, Inc. | 2175 | 54509 |
|  | Dollarama, Inc. | 42500 | 5524349 |
|  | Doman Building <br> Materials Group <br> Ltd.<br>| 26592 | 168363 |
|  | Dominion Lending <br> Centres, Inc.<br>| 2400 | 18823 |
| \* | Dorel Industries, Inc., <br> Class B<br>| 11212 | 14389 |
|  | DPM Metals, Inc. | 81044 | 1733500 |
|  | DREAM Unlimited <br> Corp., Class A<br>| 13700 | 181586 |
| # | Dye & Durham Ltd. | 3536 | 12984 |
|  | Dynacor Group, Inc. | 9700 | 31399 |
|  | E-L Financial Corp. <br> Ltd.<br>| 40000 | 463727 |
| \* | Eldorado Gold Corp. <br> (EGO US)<br>| 3557 | 91201 |
| \* | Eldorado Gold Corp. <br> (ELD CN)<br>| 61639 | 1579913 |
|  | Element Fleet <br> Management Corp.<br>| 136349 | 3677646 |
| # | Emera, Inc. | 28900 | 1373963 |
|  | Empire Co. Ltd., <br> Class A<br>| 50247 | 1707083 |
|  | Enbridge, Inc. (ENB <br> CN)<br>| 31909 | 1487880 |
|  | Enbridge, Inc. (ENB <br> US)<br>| 60256 | 2809135 |
|  | Endeavour Mining <br> PLC<br>| 78484 | 3144282 |
| \* | Endeavour Silver <br> Corp. (EDR CN)<br>| 14200 | 116633 |
|  | Enerflex Ltd. (EFX <br> CN)<br>| 27412 | 344959 |
|  | Enerflex Ltd. (EFXT <br> US)<br>| 14894 | 187515 |
| #\* | Energy Fuels, Inc. | 27818 | 571216 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Enghouse Systems <br> Ltd.<br>| 11709 | $173729 |
| \* | Ensign Energy <br> Services, Inc.<br>| 46169 | 84599 |
| # | EQB, Inc. | 11580 | 738699 |
| \* | Equinox Gold Corp. <br> (EQX CN)<br>| 20147 | 221357 |
| #\* | Equinox Gold Corp. <br> (EQX US)<br>| 96823 | 1062148 |
| #\* | ERO Copper Corp. <br> (ERO CN)<br>| 5978 | 127654 |
| \* | ERO Copper Corp. <br> (ERO US)<br>| 18292 | 390534 |
|  | Evertz Technologies <br> Ltd.<br>| 10300 | 94147 |
| # | Exchange Income <br> Corp.<br>| 9600 | 525945 |
|  | Exco Technologies <br> Ltd.<br>| 9498 | 44289 |
|  | Extendicare, Inc. | 25174 | 288257 |
|  | Fairfax Financial <br> Holdings Ltd.<br>| 1853 | 3008412 |
|  | Fiera Capital Corp. | 18773 | 84191 |
|  | Finning International, <br> Inc.<br>| 56844 | 3074127 |
| \* | Firan Technology <br> Group Corp.<br>| 6200 | 48272 |
|  | Firm Capital Mortgage <br> Investment Corp.<br>| 12744 | 106492 |
| # | First Majestic Silver <br> Corp. (AG US)<br>| 47502 | 606601 |
|  | First Majestic Silver <br> Corp. (FR CN)<br>| 2 | 26 |
| \* | First Quantum <br> Minerals Ltd.<br>| 141285 | 2933385 |
|  | FirstService Corp. <br> (FSV US)<br>| 6756 | 1076974 |
| \* | Foraco International <br> SA<br>| 25652 | 37859 |
|  | Fortis, Inc. (FTS CN) | 26021 | 1307961 |
|  | Fortis, Inc. (FTS US) | 15999 | 803630 |
| \* | Fortuna Mining Corp. <br> (FSM US)<br>| 55338 | 457645 |
| \* | Fortuna Mining Corp. <br> (FVI CN)<br>| 83472 | 689773 |
|  | Franco-Nevada Corp. <br> (FNV US)<br>| 7320 | 1366132 |
| \* | Freegold Ventures <br> Ltd.<br>| 46600 | 40535 |
| # | Freehold Royalties <br> Ltd.<br>| 41798 | 422882 |
| # | Frontera Energy <br> Corp.<br>| 8802 | 35081 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| \* | Fury Gold Mines Ltd. | 15000 | $8663 |
|  | Gamehost, Inc. | 8187 | 68646 |
| \* | GDI Integrated Facility <br> Services, Inc.<br>| 3443 | 72417 |
|  | George Weston Ltd. | 26172 | 1591350 |
|  | GFL Environmental, <br> Inc.<br>| 11575 | 505712 |
|  | Gibson Energy, Inc. | 58333 | 994433 |
|  | Gildan Activewear, <br> Inc. (GIL CN)<br>| 389 | 22685 |
| # | Gildan Activewear, <br> Inc. (GIL US)<br>| 42626 | 2484670 |
| #\* | Global Atomic Corp. | 46400 | 16872 |
| # | goeasy Ltd. | 5100 | 613251 |
| \* | GoGold Resources, <br> Inc.<br>| 57700 | 105317 |
| \* | GoldMoney, Inc. | 1420 | 11441 |
|  | Great-West Lifeco, <br> Inc.<br>| 36571 | 1550399 |
| \* | Haivision Systems, <br> Inc.<br>| 8928 | 32655 |
|  | Hammond Power <br> Solutions, Inc.<br>| 3227 | 492373 |
|  | Headwater <br> Exploration, Inc.<br>| 85184 | 449440 |
|  | High Liner Foods, <br> Inc.<br>| 7375 | 89180 |
| \* | HLS Therapeutics, <br> Inc.<br>| 2000 | 7957 |
|  | Hudbay Minerals, Inc. <br> (HBM CN)<br>| 121585 | 1948765 |
|  | Hudbay Minerals, Inc. <br> (HBM US)<br>| 55600 | 889600 |
| Ω | Hydro One Ltd. | 28071 | 1035338 |
| \* | i-80 Gold Corp. | 17870 | 17073 |
|  | iA Financial Corp., <br> Inc.<br>| 36578 | 4317745 |
| \* | IAMGOLD Corp. (IAG <br> US)<br>| 12000 | 138960 |
| \* | IAMGOLD Corp. (IMG <br> CN)<br>| 244187 | 2827419 |
|  | IGM Financial, Inc. | 24077 | 926138 |
| \* | Imperial Metals Corp. | 26884 | 131300 |
| # | Imperial Oil Ltd. (IMO <br> CN)<br>| 6378 | 564109 |
|  | Imperial Oil Ltd. (IMO <br> US)<br>| 18005 | 1588221 |
|  | Information Services <br> Corp.<br>| 4900 | 129649 |
| # | InPlay Oil Corp. | 783 | 6708 |
|  | Intact Financial Corp. | 19579 | 3652243 |
| \* | Interfor Corp. | 14670 | 82735 |
| \* | Ivanhoe Mines Ltd., <br> Class A<br>| 15341 | 153459 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| Ω | Jamieson Wellness, <br> Inc.<br>| 5611 | $139300 |
| \* | K92 Mining, Inc. | 91062 | 1210870 |
|  | K-Bro Linen, Inc. | 2800 | 75163 |
| \* | Kelt Exploration Ltd. | 59923 | 284971 |
|  | Keyera Corp. | 67621 | 1996496 |
| \* | Kinaxis, Inc. | 138 | 16711 |
|  | Kinross Gold Corp. (K <br> CN)<br>| 445385 | 10358603 |
|  | Kinross Gold Corp. <br> (KGC US)<br>| 188400 | 4378416 |
| \* | Kiwetinohk Energy <br> Corp.<br>| 1900 | 33244 |
| \* | Knight Therapeutics, <br> Inc.<br>| 28578 | 118994 |
| \* | Kolibri Global Energy, <br> Inc.<br>| 5000 | 21604 |
|  | KP Tissue, Inc. | 2889 | 19424 |
| # | Labrador Iron Ore <br> Royalty Corp.<br>| 20388 | 420683 |
|  | Lassonde Industries, <br> Inc., Class A<br>| 1012 | 157563 |
|  | Laurentian Bank of <br> Canada<br>| 11572 | 274748 |
|  | Leon's Furniture Ltd. | 10815 | 225237 |
| \* | Lightspeed <br> Commerce, Inc. <br> (LSPD US)<br>| 33554 | 402648 |
|  | Linamar Corp. | 15966 | 864581 |
|  | Loblaw Cos. Ltd. | 47236 | 1877248 |
| #\* | Lucara Diamond <br> Corp.<br>| 157133 | 20166 |
|  | Lundin Gold, Inc. | 41117 | 2795270 |
|  | Lundin Mining Corp. | 116588 | 1875317 |
|  | Magellan Aerospace <br> Corp.<br>| 6028 | 74053 |
|  | Magna International, <br> Inc. (MG CN)<br>| 5037 | 237961 |
|  | Magna International, <br> Inc. (MGA US)<br>| 75663 | 3572050 |
|  | Mainstreet Equity <br> Corp.<br>| 1200 | 161500 |
| \* | Major Drilling Group <br> International, Inc.<br>| 26820 | 236161 |
|  | Manulife Financial <br> Corp. (MFC CN)<br>| 20608 | 666926 |
|  | Manulife Financial <br> Corp. (MFC US)<br>| 65433 | 2118066 |
|  | Maple Leaf Foods, <br> Inc.<br>| 25909 | 498026 |
|  | Martinrea <br> International, Inc.<br>| 19585 | 141314 |
| \* | Mattr Corp. | 10364 | 80840 |
| \* | MDA Space Ltd. | 27244 | 531846 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| \* | Medexus <br> Pharmaceuticals, <br> Inc.<br>| 5100 | $10181 |
|  | Medical Facilities <br> Corp.<br>| 9422 | 97072 |
|  | Melcor Developments <br> Ltd.<br>| 4200 | 44170 |
|  | Meren Energy, Inc. | 86812 | 112650 |
|  | Methanex Corp. <br> (MEOH US)<br>| 14711 | 578437 |
|  | Metro, Inc. | 43628 | 2908105 |
|  | Morguard Corp. | 800 | 66353 |
|  | MTY Food Group, <br> Inc.<br>| 6265 | 151154 |
| # | Mullen Group Ltd. | 26503 | 266438 |
|  | National Bank of <br> Canada<br>| 39126 | 4371333 |
|  | Neo Performance <br> Materials, Inc.<br>| 5700 | 78598 |
| \* | New Gold, Inc. (NGD <br> CN)<br>| 191984 | 1413992 |
| \* | New Gold, Inc. (NGD <br> US)<br>| 121100 | 888874 |
| \* | NFI Group, Inc. | 16202 | 165653 |
|  | North American <br> Construction Group <br> Ltd. (NOA CN)<br>| 5210 | 81128 |
| # | North American <br> Construction Group <br> Ltd. (NOA US)<br>| 3020 | 47052 |
|  | North West Co., Inc. | 19336 | 627277 |
| # | Northland Power, Inc. | 85298 | 1558724 |
|  | Nutrien Ltd. (NTR <br> CN)<br>| 29041 | 1581720 |
|  | Nutrien Ltd. (NTR <br> US)<br>| 40814 | 2222308 |
| \* | NuVista Energy Ltd. | 58390 | 694410 |
| \* | Obsidian Energy Ltd. <br> (OBE US)<br>| 20922 | 118628 |
|  | OceanaGold Corp. | 96261 | 2153005 |
|  | Onex Corp. | 26115 | 2271598 |
|  | Open Text Corp. <br> (OTEX US)<br>| 70831 | 2716369 |
|  | OR Royalties, Inc. <br> (OR CN)<br>| 3446 | 110563 |
| \* | Orezone Gold Corp. | 26000 | 25953 |
| #\*,\* | Organigram Global, <br> Inc.<br>| 5451 | 8825 |
| \* | Orla Mining Ltd. <br> (ORLA US)<br>| 11449 | 118154 |
|  | Pan American Silver <br> Corp. (PAAS CN)<br>| 87196 | 3071193 |
|  | Pan American Silver <br> Corp. (PAAS US)<br>| 18699 | 658392 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Paramount Resources <br> Ltd., Class A<br>| 26912 | $441318 |
|  | Parex Resources, <br> Inc.<br>| 25896 | 331235 |
|  | Parkland Corp. | 46223 | 1316938 |
|  | Pason Systems, Inc. | 20693 | 176308 |
|  | Pembina Pipeline <br> Corp. (PBA US)<br>| 98864 | 3740025 |
|  | Pembina Pipeline <br> Corp. (PPL CN)<br>| 1809 | 68430 |
|  | Pet Valu Holdings <br> Ltd.<br>| 6425 | 159417 |
| # | Peyto Exploration & <br> Development Corp.<br>| 68858 | 1003008 |
|  | PHX Energy Services <br> Corp.<br>| 16900 | 91817 |
|  | Pine Cliff Energy Ltd. | 37500 | 20320 |
|  | Pizza Pizza Royalty <br> Corp.<br>| 8700 | 96208 |
|  | Polaris Renewable <br> Energy, Inc.<br>| 8314 | 77180 |
|  | Pollard Banknote Ltd. | 3483 | 50312 |
| # | PrairieSky Royalty <br> Ltd.<br>| 44558 | 799950 |
| \* | Precision Drilling <br> Corp. (PD CN)<br>| 3312 | 198686 |
| \* | Precision Drilling <br> Corp. (PDS US)<br>| 1300 | 77883 |
|  | Premium Brands <br> Holdings Corp.<br>| 9946 | 685735 |
| # | Propel Holdings, Inc. | 8500 | 154661 |
| \* | Quarterhill, Inc. | 41182 | 32005 |
|  | Quebecor, Inc., <br> Class B<br>| 63577 | 2028045 |
|  | RB Global, Inc. (RBA <br> CN)<br>| 2500 | 248048 |
|  | RB Global, Inc. (RBA <br> US)<br>| 13472 | 1336692 |
| \* | Real Matters, Inc. | 3718 | 19511 |
|  | Restaurant Brands <br> International, Inc. <br> (QSR CN)<br>| 11748 | 771613 |
|  | Restaurant Brands <br> International, Inc. <br> (QSR US)<br>| 16446 | 1080338 |
|  | Richelieu Hardware <br> Ltd.<br>| 15100 | 413957 |
| # | Rogers <br> Communications, <br> Inc. (RCI US), <br> Class B<br>| 12603 | 493281 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| # | Rogers <br> Communications, <br> Inc. (RCIB CN), <br> Class B<br>| 13065 | $511310 |
|  | Rogers Sugar, Inc. | 41478 | 182763 |
| # | Royal Bank of Canada <br> (RY CN)<br>| 72395 | 10605683 |
|  | Royal Bank of Canada <br> (RY US)<br>| 63446 | 9294839 |
|  | Russel Metals, Inc. | 21780 | 674108 |
| \* | Sangoma <br> Technologies Corp.<br>| 5900 | 31003 |
|  | Saputo, Inc. | 34395 | 831091 |
| \* | Saturn Oil & Gas, Inc. | 19800 | 37128 |
|  | Savaria Corp. | 12949 | 203207 |
| #\* | Seabridge Gold, Inc. <br> (SA US)<br>| 10332 | 246212 |
| \* | Seabridge Gold, Inc. <br> (SEA CN)<br>| 4791 | 114297 |
|  | Secure Waste <br> Infrastructure Corp.<br>| 95708 | 1194857 |
| \* | Shopify, Inc. (SHOP <br> US), Class A<br>| 11068 | 1924282 |
| # | Sienna Senior Living, <br> Inc.<br>| 21062 | 287424 |
| \* | SNDL, Inc. | 5618 | 12079 |
| \* | Source Energy <br> Services Ltd.<br>| 6300 | 55294 |
|  | South Bow Corp. | 61263 | 1588570 |
| \* | Spartan Delta Corp. | 22837 | 102254 |
| Ω | Spin Master Corp. | 4302 | 63891 |
|  | Sprott, Inc. (SII CN) | 1989 | 163312 |
|  | Sprott, Inc. (SII US) | 2253 | 184633 |
| \* | SSR Mining, Inc. <br> (SSRM CN)<br>| 72417 | 1637263 |
|  | Stantec, Inc. (STN <br> CN)<br>| 8643 | 957136 |
|  | Stantec, Inc. (STN <br> US)<br>| 11731 | 1300733 |
|  | Stella-Jones, Inc. | 15113 | 857827 |
| \*Ω | STEP Energy <br> Services Ltd.<br>| 10300 | 40170 |
|  | StorageVault Canada, <br> Inc.<br>| 40254 | 142068 |
|  | Strathcona Resources <br> Ltd.<br>| 6251 | 164917 |
|  | Sun Life Financial, <br> Inc. (SLF CN)<br>| 65933 | 4010370 |
|  | Sun Life Financial, <br> Inc. (SLF US)<br>| 28725 | 1748203 |
|  | Suncor Energy, Inc. <br> (SU CN)<br>| 29216 | 1163384 |
|  | Suncor Energy, Inc. <br> (SU US)<br>| 169953 | 6765829 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| \* | SunOpta, Inc. (STKL <br> US)<br>| 7529 | $39301 |
|  | Superior Plus Corp. | 72760 | 413978 |
|  | Surge Energy, Inc. | 27477 | 129889 |
|  | Sylogist Ltd. | 6800 | 32726 |
| # | Tamarack Valley <br> Energy Ltd.<br>| 186431 | 828110 |
| \* | Taseko Mines Ltd. <br> (TKO CN)<br>| 80127 | 362772 |
|  | TC Energy Corp. <br> (TRP US)<br>| 66635 | 3342412 |
|  | Teck Resources Ltd. <br> (TECK US), <br> Class B<br>| 67059 | 2878172 |
|  | Teck Resources Ltd. <br> (TECKB CN), <br> Class B<br>| 61 | 2617 |
| \* | Telesat Corp. | 800 | 24082 |
|  | TELUS Corp. | 14671 | 214539 |
| \* | Tenaz Energy Corp. | 10400 | 198427 |
| # | TerraVest Industries, <br> Inc.<br>| 4694 | 454423 |
|  | TFI International, Inc. <br> (TFII CN)<br>| 6534 | 587177 |
|  | TFI International, Inc. <br> (TFII US)<br>| 5857 | 525549 |
| # | Thomson Reuters <br> Corp. (TRI US)<br>| 4133 | 632597 |
| # | Timbercreek Financial <br> Corp.<br>| 24858 | 117684 |
|  | TMX Group Ltd. | 29375 | 1083433 |
| # | Topaz Energy Corp. | 29771 | 528536 |
| \* | Torex Gold <br> Resources, Inc.<br>| 38727 | 1599831 |
| # | Toromont Industries <br> Ltd.<br>| 20937 | 2515485 |
|  | Toronto-Dominion <br> Bank (TD CN)<br>| 41945 | 3444003 |
|  | Toronto-Dominion <br> Bank (TD US)<br>| 83037 | 6819829 |
|  | Total Energy Services, <br> Inc.<br>| 11698 | 117601 |
|  | Tourmaline Oil Corp. | 91889 | 4041668 |
|  | TransAlta Corp. | 36699 | 648471 |
|  | TransAlta Corp.  | 57990 | 1024970 |
| \* | Transat AT, Inc. | 7600 | 11433 |
|  | Transcontinental, Inc., <br> Class A<br>| 24947 | 350224 |
| # | Trican Well Service <br> Ltd.<br>| 98126 | 367303 |
| \* | Trilogy Metals, Inc. | 5821 | 25903 |
|  | Triple Flag Precious <br> Metals Corp. (TFPM <br> US)<br>| 11476 | 318587 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| \* | Trisura Group Ltd. <br> (TRRSF US)<br>| 242 | $6589 |
| \* | Trisura Group Ltd. <br> (TSU CN)<br>| 10447 | 287878 |
| \* | Valeura Energy, Inc. | 15322 | 72756 |
|  | Vecima Networks, <br> Inc.<br>| 3700 | 26618 |
| # | Vermilion Energy, Inc. <br> (VET CN)<br>| 17774 | 132936 |
|  | Vermilion Energy, Inc. <br> (VET US)<br>| 13300 | 99351 |
|  | VersaBank (VBNK <br> CN)<br>| 2000 | 23871 |
|  | VersaBank (VBNK <br> US)<br>| 2582 | 30648 |
| \* | Vitalhub Corp. | 6390 | 49934 |
|  | Wajax Corp. | 9255 | 164110 |
| \* | Wall Financial Corp. | 200 | 2252 |
|  | Waste Connections, <br> Inc. (WCN CN)<br>| 2961 | 496624 |
|  | Waste Connections, <br> Inc. (WCN US)<br>| 7735 | 1296950 |
| \* | Well Health <br> Technologies Corp.<br>| 67160 | 251392 |
| \* | Wesdome Gold Mines <br> Ltd.<br>| 58768 | 886621 |
|  | West Fraser Timber <br> Co. Ltd. (WFG CN)<br>| 8795 | 536774 |
| # | West Fraser Timber <br> Co. Ltd. (WFG US)<br>| 7824 | 477259 |
| \* | Western Forest <br> Products, Inc.<br>| 4052 | 34466 |
|  | Westshore Terminals <br> Investment Corp.<br>| 12032 | 221158 |
|  | Wheaton Precious <br> Metals Corp. (WPM <br> US)<br>| 7423 | 716468 |
| # | Whitecap Resources, <br> Inc.<br>| 381533 | 2840532 |
|  | Winpak Ltd. | 10127 | 310622 |
|  | WSP Global, Inc. | 12651 | 2418623 |
| \* | Yangarra Resources <br> Ltd.<br>| 39182 | 28495 |
|  | Yellow Pages Ltd. | 3896 | 30556 |
| TOTAL CANADA | TOTAL CANADA |  | 375145226 |
| CHILE — (0.2%) | CHILE — (0.2%) | CHILE — (0.2%) | CHILE — (0.2%) |
|  | Aguas Andinas SA, <br> Class A<br>| 415945 | 158488 |
|  | Banco de Chile (BCH <br> US), ADR<br>| 4478 | 156321 |
|  | Banco de Chile <br> (CHILE CI)<br>| 1442844 | 249644 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHILE — (Continued) | CHILE — (Continued) | CHILE — (Continued) | CHILE — (Continued) |
|  | Banco de Credito e <br> Inversiones SA<br>| 8540 | $438284 |
|  | Banco Itau Chile SA | 3628 | 65873 |
|  | Banco Santander <br> Chile (BSAC US), <br> ADR<br>| 600 | 17220 |
|  | Banco Santander <br> Chile (BSAN CI)<br>| 2316770 | 167394 |
|  | Besalco SA | 135131 | 158836 |
|  | Bicecorp SA | 464913 | 162771 |
| \* | CAP SA | 23985 | 160274 |
|  | Cencosud SA | 184850 | 572557 |
|  | Cencosud Shopping <br> SA<br>| 77297 | 183316 |
|  | Cia Cervecerias <br> Unidas SA (CCU <br> CI)<br>| 23852 | 151949 |
| # | Cia Cervecerias <br> Unidas SA (CCU <br> US), Sponsored <br> ADR<br>| 5319 | 68615 |
|  | Cia Sud Americana de <br> Vapores SA<br>| 3353894 | 166714 |
|  | Colbun SA | 1198418 | 180117 |
|  | Embotelladora Andina <br> SA, ADR, Class B<br>| 5464 | 147856 |
|  | Empresa Nacional de <br> Telecomunicaciones <br> SA<br>| 44364 | 211328 |
|  | Empresas CMPC SA | 183584 | 265126 |
|  | Empresas Copec SA | 39974 | 285558 |
|  | Enel Americas SA <br> (ENELAM CI)<br>| 451230 | 42660 |
|  | Enel Chile SA <br> (ENELCHIL CI)<br>| 2708750 | 206753 |
| # | Enel Chile SA (ENIC <br> US), ADR<br>| 18524 | 71317 |
|  | Engie Energia Chile <br> SA<br>| 123296 | 177622 |
|  | Falabella SA | 29246 | 184161 |
|  | Forus SA | 13373 | 30918 |
|  | Inversiones Aguas <br> Metropolitanas SA<br>| 126242 | 127304 |
|  | Inversiones La <br> Construccion SA<br>| 11327 | 180290 |
|  | Latam Airlines Group <br> SA<br>| 13714446 | 311684 |
| # | Latam Airlines Group <br> SA, ADR<br>| 1022 | 45980 |
| \* | Multiexport Foods SA | 25298 | 7012 |
|  | Parque Arauco SA | 131716 | 367226 |
|  | PAZ Corp. SA | 29524 | 23507 |
|  | Plaza SA | 56571 | 159190 |
|  | Ripley Corp. SA | 327169 | 158969 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHILE — (Continued) | CHILE — (Continued) | CHILE — (Continued) | CHILE — (Continued) |
|  | Salfacorp SA | 223516 | $245499 |
|  | Sigdo Koppers SA | 12552 | 18261 |
|  | SMU SA | 925935 | 150564 |
|  | Sociedad Matriz <br> SAAM SA<br>| 1592635 | 210882 |
| #\* | Sociedad Quimica y <br> Minera de Chile SA, <br> Sponsored ADR<br>| 5556 | 272188 |
|  | SONDA SA | 190611 | 69137 |
|  | Vina Concha y Toro <br> SA<br>| 124839 | 136124 |
| TOTAL CHILE | TOTAL CHILE |  | 7165489 |
| CHINA — (9.1%) | CHINA — (9.1%) | CHINA — (9.1%) | CHINA — (9.1%) |
|  | 360 Security <br> Technology, Inc., <br> Class A<br>| 23200 | 39046 |
|  | 361 Degrees <br> International Ltd.<br>| 364000 | 275312 |
|  | 37 Interactive <br> Entertainment <br> Network Technology <br> Group Co. Ltd., <br> Class A<br>| 35400 | 103358 |
| \* | 3D Medicines, Inc. | 10500 | 8553 |
| Ω | 3SBio, Inc. | 508000 | 2021154 |
|  | 5I5J Holding Group <br> Co. Ltd., Class A<br>| 67400 | 27201 |
|  | AAC Technologies <br> Holdings, Inc.<br>| 233500 | 1200282 |
|  | Accelink Technologies <br> Co. Ltd., Class A<br>| 3000 | 26509 |
| \* | ADAMA Ltd., Class A | 18100 | 16348 |
| \* | Addsino Co. Ltd., <br> Class A<br>| 21000 | 24712 |
|  | Advanced <br> Micro-Fabrication <br> Equipment, Inc. <br> China, Class A<br>| 797 | 31312 |
|  | Advanced Technology <br> & Materials Co. <br> Ltd., Class A<br>| 24500 | 73178 |
| \* | AECC Aero Science & <br> Technology Co. <br> Ltd., Class A<br>| 8300 | 31309 |
|  | AECC Aero-Engine <br> Control Co. Ltd., <br> Class A<br>| 14700 | 38788 |
|  | AECC Aviation Power <br> Co. Ltd., Class A<br>| 4100 | 22526 |
| \* | Aerospace Hi-Tech <br> Holdings Group <br> Ltd., Class A<br>| 17000 | 45562 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Aerospace Intelligent <br> Manufacturing <br> Technology Co. <br> Ltd., Class A<br>| 11900 | $33459 |
| \* | Agile Group Holdings <br> Ltd.<br>| 518000 | 27921 |
| \* | Agora, Inc., ADR | 25710 | 91271 |
|  | Agricultural Bank of <br> China Ltd., Class H<br>| 1878000 | 1432683 |
|  | Aier Eye Hospital <br> Group Co. Ltd., <br> Class A<br>| 37127 | 63891 |
| \* | AIFU, Inc., Class A | 733 | 3284 |
| \* | AIM Vaccine Co. Ltd., <br> Class H<br>| 24800 | 12485 |
| \*Ω | AInnovation <br> Technology Group <br> Co. Ltd., Class H<br>| 40500 | 34928 |
| \* | Air China Ltd., <br> Class H<br>| 442000 | 324799 |
|  | Aisino Corp., Class A | 25500 | 29799 |
|  | Ajisen China Holdings <br> Ltd.<br>| 255000 | 32135 |
| Ω | AK Medical Holdings <br> Ltd.<br>| 130000 | 98315 |
| \*Ω | Akeso, Inc. | 4000 | 58244 |
|  | Alibaba Group Holding <br> Ltd. (9988 HK)<br>| 1117600 | 23781116 |
| \* | Alibaba Health <br> Information <br> Technology Ltd.<br>| 396000 | 295371 |
| Ω | A-Living Smart City <br> Services Co. Ltd., <br> Class H<br>| 205250 | 65299 |
|  | Allmed Medical <br> Products Co. Ltd., <br> Class A<br>| 16300 | 24958 |
| \*Ω | Alphamab Oncology | 62000 | 91768 |
|  | Aluminum Corp. of <br> China Ltd., Class H<br>| 1384000 | 1759781 |
| \* | Amlogic Shanghai Co. <br> Ltd., Class A<br>| 2403 | 29045 |
|  | Amoy Diagnostics Co. <br> Ltd., Class A<br>| 13520 | 43400 |
|  | Amrita Global <br> Development Ltd.<br>| 138000 | 10656 |
|  | An Hui Wenergy Co. <br> Ltd., Class A<br>| 26300 | 30273 |
|  | Andon Health Co. <br> Ltd., Class A<br>| 5000 | 28479 |
|  | ANE Cayman, Inc. | 229000 | 338140 |
| \* | Angang Steel Co. <br> Ltd., Class H<br>| 442800 | 115612 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Angel Yeast Co. Ltd., <br> Class A<br>| 8472 | $46236 |
| Ω | Angelalign <br> Technology, Inc.<br>| 7000 | 57458 |
|  | Anhui Anfu Battery <br> Technology Co. <br> Ltd., Class A<br>| 6345 | 35941 |
|  | Anhui Anke <br> Biotechnology <br> Group Co. Ltd., <br> Class A<br>| 34916 | 53446 |
|  | Anhui Conch Cement <br> Co. Ltd., Class H<br>| 256500 | 764745 |
|  | Anhui Construction <br> Engineering Group <br> Co. Ltd., Class A<br>| 62100 | 41374 |
|  | Anhui Expressway Co. <br> Ltd., Class H<br>| 114000 | 180994 |
|  | Anhui Guangxin <br> Agrochemical Co. <br> Ltd., Class A<br>| 27636 | 45535 |
|  | Anhui Gujing Distillery <br> Co. Ltd., Class A<br>| 2900 | 65653 |
|  | Anhui Heli Co. Ltd., <br> Class A<br>| 19700 | 57699 |
|  | Anhui Hengyuan Coal <br> Industry & <br> Electricity Power <br> Co. Ltd., Class A<br>| 29900 | 30087 |
|  | Anhui Honglu Steel <br> Construction Group <br> Co. Ltd., Class A<br>| 23240 | 59150 |
|  | Anhui Huilong <br> Agricultural Means <br> of Production Co. <br> Ltd., Class A<br>| 15300 | 12400 |
| \* | Anhui Jianghuai <br> Automobile Group <br> Corp. Ltd., Class A<br>| 3700 | 26555 |
|  | Anhui Jiangnan <br> Chemical Industry <br> Co. Ltd., Class A<br>| 53200 | 47954 |
|  | Anhui Jinhe Industrial <br> Co. Ltd., Class A<br>| 13800 | 38955 |
|  | Anhui Kouzi Distillery <br> Co. Ltd., Class A<br>| 9700 | 44194 |
|  | Anhui Sierte Fertilizer <br> Industry Ltd. Co., <br> Class A<br>| 26900 | 22729 |
| \* | Anhui Tatfook <br> Technology Co. <br> Ltd., Class A<br>| 11800 | 19237 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Anhui Transport <br> Consulting & <br> Design Institute Co. <br> Ltd., Class A<br>| 12000 | $14394 |
| \* | Anhui Truchum <br> Advanced Materials <br> & Technology Co. <br> Ltd., Class A<br>| 34600 | 64842 |
|  | Anhui Xinhua Media <br> Co. Ltd., Class A<br>| 42300 | 39834 |
|  | Anhui Yingjia Distillery <br> Co. Ltd., Class A<br>| 7000 | 41698 |
|  | Anhui Yingliu <br> Electromechanical <br> Co. Ltd., Class A<br>| 13200 | 73995 |
|  | Anhui Zhongding <br> Sealing Parts Co. <br> Ltd., Class A<br>| 28500 | 91846 |
|  | Anji Microelectronics <br> Technology <br> Shanghai Co. Ltd., <br> Class A<br>| 1604 | 44394 |
|  | Anjoy Foods Group <br> Co. Ltd., Class A<br>| 5100 | 52968 |
|  | Anker Innovations <br> Technology Co. <br> Ltd., Class A<br>| 5200 | 85520 |
|  | Anshan Hifichem Co. <br> Ltd., Class A<br>| 5300 | 10370 |
|  | ANTA Sports Products <br> Ltd.<br>| 314800 | 3285923 |
|  | Anton Oilfield Services <br> Group<br>| 806000 | 109008 |
|  | Aoshikang Technology <br> Co. Ltd., Class A<br>| 9200 | 49994 |
|  | Aotecar New Energy <br> Technology Group <br> Co. Ltd., Class A<br>| 74400 | 33279 |
| \* | Aowei Holdings Ltd. | 114000 | 3652 |
|  | Apeloa <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 24700 | 53960 |
|  | Appotronics Corp. <br> Ltd., Class A<br>| 10613 | 26896 |
|  | APT Medical, Inc., <br> Class A<br>| 974 | 37806 |
|  | APT Satellite Holdings <br> Ltd.<br>| 134750 | 36800 |
|  | Arctech Solar Holding <br> Co. Ltd., Class A<br>| 4879 | 29381 |
| \*Ω | Ascletis Pharma, Inc. | 2000 | 2483 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Asia - Potash <br> International <br> Investment <br> Guangzhou Co. <br> Ltd., Class A<br>| 9200 | $53997 |
| \* | Asia Cement China <br> Holdings Corp.<br>| 200500 | 65777 |
| Ω | AsiaInfo Technologies <br> Ltd.<br>| 111200 | 129177 |
|  | Asian Star Anchor <br> Chain Co. Ltd. <br> Jiangsu, Class A<br>| 22200 | 32213 |
|  | Asymchem <br> Laboratories Tianjin <br> Co. Ltd., Class A<br>| 2920 | 40258 |
|  | Aurisco <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 3800 | 12415 |
| \* | AustAsia Group Ltd. | 81172 | 18559 |
|  | Autel Intelligent <br> Technology Corp. <br> Ltd., Class A<br>| 13173 | 71366 |
|  | Autobio Diagnostics <br> Co. Ltd., Class A<br>| 6700 | 36208 |
|  | Autohome, Inc., ADR | 8892 | 224078 |
| \* | Autostreets <br> Development Ltd.<br>| 58200 | 28928 |
|  | Avary Holding <br> Shenzhen Co. Ltd., <br> Class A<br>| 15900 | 117201 |
|  | AviChina Industry & <br> Technology Co. <br> Ltd., Class H<br>| 988000 | 503282 |
|  | Avicopter PLC, <br> Class A<br>| 3800 | 19254 |
|  | Bafang Electric <br> Suzhou Co. Ltd., <br> Class A<br>| 6300 | 24776 |
| \*Ω | BAIC Motor Corp. <br> Ltd., Class H<br>| 578500 | 149588 |
| \* | Baidu, Inc. (9888 HK), <br> Class A<br>| 414050 | 6267155 |
| \* | Baidu, Inc. (BIDU US), <br> Sponsored ADR<br>| 9754 | 1178966 |
|  | Baimtec Material Co. <br> Ltd., Class A<br>| 2755 | 20761 |
| Ω | BAIOO Family <br> Interactive Ltd.<br>| 152000 | 10178 |
| \*Ω | Bairong, Inc. | 89500 | 113323 |
|  | Baiyin Nonferrous <br> Group Co. Ltd., <br> Class A<br>| 127300 | 94700 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Bank of Beijing Co. <br> Ltd., Class A<br>| 130000 | $102177 |
|  | Bank of Changsha <br> Co. Ltd., Class A<br>| 65800 | 88550 |
|  | Bank of Chengdu Co. <br> Ltd., Class A<br>| 68000 | 160727 |
|  | Bank of China Ltd., <br> Class H<br>| 5292000 | 2996560 |
|  | Bank of Chongqing <br> Co. Ltd., Class H<br>| 268500 | 277098 |
|  | Bank of <br> Communications <br> Co. Ltd., Class H<br>| 745000 | 661784 |
|  | Bank of Guiyang Co. <br> Ltd., Class A<br>| 27800 | 23767 |
|  | Bank of Hangzhou <br> Co. Ltd., Class A<br>| 78200 | 172588 |
|  | Bank of Jiangsu Co. <br> Ltd., Class A<br>| 192400 | 291763 |
|  | Bank of Nanjing Co. <br> Ltd., Class A<br>| 100600 | 160014 |
|  | Bank of Ningbo Co. <br> Ltd., Class A<br>| 74470 | 296832 |
| Ω | Bank of Qingdao Co. <br> Ltd., Class H<br>| 186500 | 103108 |
|  | Bank of Shanghai Co. <br> Ltd., Class A<br>| 89793 | 119847 |
|  | Bank of Suzhou Co. <br> Ltd., Class A<br>| 71194 | 82766 |
|  | Bank of Tianjin Co. <br> Ltd., Class H<br>| 44500 | 14547 |
|  | Bank of Xi'an Co. Ltd., <br> Class A<br>| 107700 | 58878 |
| Ω | Bank of Zhengzhou <br> Co. Ltd., Class H<br>| 361966 | 59643 |
|  | Baoji Titanium <br> Industry Co. Ltd., <br> Class A<br>| 10300 | 46406 |
|  | Baoshan Iron & Steel <br> Co. Ltd., Class A<br>| 164400 | 170392 |
| \* | Baosheng Science & <br> Technology <br> Innovation Co. Ltd., <br> Class A<br>| 38000 | 28360 |
|  | Baowu Magnesium <br> Technology Co. <br> Ltd., Class A<br>| 13160 | 26484 |
|  | Baoxiniao Holding Co. <br> Ltd., Class A<br>| 26100 | 14416 |
|  | Baoye Group Co. Ltd., <br> Class H<br>| 78000 | 41741 |
| \* | Baozun, Inc. (9991 <br> HK), Class A<br>| 21700 | 24198 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Baozun, Inc. (BZUN <br> US), Sponsored <br> ADR<br>| 10967 | $35972 |
|  | BBMG Corp., Class H | 742000 | 78274 |
|  | BBMG Jidong Cement <br> Group Co. Ltd., <br> Class A<br>| 29908 | 20262 |
| \* | Be Friends Holding <br> Ltd.<br>| 270000 | 39612 |
|  | Bear Electric <br> Appliance Co. Ltd., <br> Class A<br>| 5300 | 35916 |
|  | Befar Group Co. Ltd., <br> Class A<br>| 48200 | 29275 |
|  | Beibuwan Port Co. <br> Ltd., Class A<br>| 41700 | 51352 |
| \* | Beijing BDStar <br> Navigation Co. Ltd., <br> Class A<br>| 6400 | 27097 |
| \* | Beijing Capital <br> Development Co. <br> Ltd., Class A<br>| 68727 | 59361 |
|  | Beijing Capital <br> Eco-Environment <br> Protection Group <br> Co. Ltd., Class A<br>| 167830 | 75263 |
| \* | Beijing Capital <br> International Airport <br> Co. Ltd., Class H<br>| 550000 | 197408 |
|  | Beijing Career <br> International Co. <br> Ltd., Class A<br>| 4300 | 17793 |
|  | Beijing Chunlizhengda <br> Medical Instruments <br> Co. Ltd., Class H<br>| 26250 | 64057 |
|  | Beijing Dabeinong <br> Technology Group <br> Co. Ltd., Class A<br>| 43900 | 25410 |
|  | Beijing Dahao <br> Technology Corp. <br> Ltd., Class A<br>| 11040 | 29704 |
|  | Beijing Easpring <br> Material Technology <br> Co. Ltd., Class A<br>| 6900 | 66950 |
|  | Beijing Energy <br> International <br> Holding Co. Ltd.<br>| 196000 | 31011 |
|  | Beijing Enlight Media <br> Co. Ltd., Class A<br>| 21398 | 51005 |
|  | Beijing Enterprises <br> Holdings Ltd.<br>| 172500 | 756909 |
| # | Beijing Enterprises <br> Water Group Ltd.<br>| 1390000 | 446760 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Beijing Fengjing <br> Automotive Parts <br> Co. Ltd.<br>| 40800 | $21924 |
|  | Beijing Gehua CATV <br> Network Co. Ltd., <br> Class A<br>| 48800 | 55187 |
|  | Beijing GeoEnviron <br> Engineering & <br> Technology, Inc., <br> Class A<br>| 31468 | 33374 |
| \* | Beijing Haixin Energy <br> Technology Co. <br> Ltd., Class A<br>| 58600 | 33684 |
|  | Beijing Haohua <br> Energy Resource <br> Co. Ltd., Class A<br>| 35600 | 38630 |
|  | Beijing Huafeng Test <br> & Control <br> Technology Co. <br> Ltd., Class A<br>| 1129 | 31755 |
|  | Beijing Jetsen <br> Technology Co. <br> Ltd., Class A<br>| 70230 | 65437 |
|  | Beijing Jingneng <br> Clean Energy Co. <br> Ltd., Class H<br>| 328000 | 104659 |
| \* | Beijing Jingyuntong <br> Technology Co. <br> Ltd., Class A<br>| 77600 | 44721 |
|  | Beijing Kingsoft Office <br> Software, Inc., <br> Class A<br>| 641 | 32350 |
| \* | Beijing Leike Defense <br> Technology Co. <br> Ltd., Class A<br>| 26000 | 20138 |
|  | Beijing New Building <br> Materials PLC, <br> Class A<br>| 17175 | 57390 |
| \* | Beijing North Star Co. <br> Ltd., Class H<br>| 286000 | 31998 |
|  | Beijing Originwater <br> Technology Co. <br> Ltd., Class A<br>| 57219 | 35078 |
| \* | Beijing Philisense <br> Technology Co. <br> Ltd., Class A<br>| 26700 | 21060 |
|  | Beijing Roborock <br> Technology Co. <br> Ltd., Class A<br>| 1911 | 43882 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Beijing Sanlian Hope <br> Shin-Gosen <br> Technical Service <br> Co. Ltd., Class A<br>| 9900 | $23133 |
|  | Beijing Sanyuan <br> Foods Co. Ltd., <br> Class A<br>| 62200 | 42338 |
|  | Beijing Shougang Co. <br> Ltd., Class A<br>| 79700 | 47070 |
|  | Beijing Shunxin <br> Agriculture Co. Ltd., <br> Class A<br>| 11700 | 25775 |
|  | Beijing Sifang <br> Automation Co. <br> Ltd., Class A<br>| 9100 | 36016 |
|  | Beijing Sinnet <br> Technology Co. <br> Ltd., Class A<br>| 23200 | 44471 |
| \* | Beijing Sinohytec Co. <br> Ltd., Class H<br>| 3700 | 14001 |
|  | Beijing SL <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 24950 | 26462 |
| \* | Beijing Sojo Electric <br> Co. Ltd., Class A<br>| 22300 | 24097 |
| \* | Beijing SPC <br> Environment <br> Protection Tech Co. <br> Ltd., Class A<br>| 23273 | 13086 |
|  | Beijing Strong <br> Biotechnologies, <br> Inc., Class A<br>| 13300 | 25543 |
| \* | Beijing Thunisoft <br> Corp. Ltd., Class A<br>| 18700 | 21058 |
|  | Beijing Tiantan <br> Biological Products <br> Corp. Ltd., Class A<br>| 10660 | 27608 |
|  | Beijing Tong Ren Tang <br> Chinese Medicine <br> Co. Ltd.<br>| 63000 | 69929 |
|  | Beijing Tong Ren Tang <br> Co. Ltd., Class A<br>| 7000 | 33339 |
|  | Beijing Tricolor <br> Technology Co. <br> Ltd., Class A<br>| 4200 | 101726 |
| \* | Beijing UBOX Online <br> Technology Corp., <br> Class H<br>| 62500 | 23585 |
|  | Beijing Ultrapower <br> Software Co. Ltd., <br> Class A<br>| 22000 | 37615 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Beijing United <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 18809 | $75128 |
| Ω | Beijing Urban <br> Construction Design <br> & Development <br> Group Co. Ltd., <br> Class H<br>| 68000 | 12586 |
|  | Beijing Wandong <br> Medical Technology <br> Co. Ltd., Class A<br>| 12800 | 28567 |
| \* | Beijing Watertek <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 36800 | 31760 |
|  | Beijing Yanjing <br> Brewery Co. Ltd., <br> Class A<br>| 42400 | 70074 |
|  | Beijing Yuanliu <br> Hongyuan <br> Electronic <br> Technology Co. <br> Ltd., Class A<br>| 4600 | 32595 |
|  | Beijing Zhong Ke San <br> Huan High-Tech Co. <br> Ltd., Class A<br>| 18975 | 37114 |
|  | Beijing-Shanghai High <br> Speed Railway Co. <br> Ltd., Class A<br>| 230800 | 168303 |
| \* | Beiqi Foton Motor Co. <br> Ltd., Class A<br>| 197100 | 83152 |
| \* | Bengang Steel Plates <br> Co. Ltd., Class A<br>| 59800 | 30009 |
| \* | BeOne Medicines <br> Ltd., Class H<br>| 14800 | 355826 |
| #\* | BeOne Medicines Ltd. <br> (BGNE US), ADR<br>| 101 | 31358 |
|  | Best Pacific <br> International <br> Holdings Ltd.<br>| 88000 | 37101 |
|  | Bestore Co. Ltd., <br> Class A<br>| 11700 | 20384 |
|  | Bethel Automotive <br> Safety Systems Co. <br> Ltd., Class A<br>| 5280 | 37273 |
|  | Betta Pharmaceuticals <br> Co. Ltd., Class A<br>| 3400 | 27180 |
|  | Biem.L.Fdlkk Garment <br> Co. Ltd., Class A<br>| 19300 | 43364 |
| #\* | Bilibili, Inc., <br> Sponsored ADR<br>| 13504 | 408496 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Bilibili, Inc., Class Z | 1400 | $42284 |
|  | Binjiang Service <br> Group Co. Ltd.<br>| 34000 | 107778 |
|  | Black Peony Group <br> Co. Ltd., Class A<br>| 20300 | 24408 |
|  | Bloomage <br> Biotechnology Corp. <br> Ltd. (688363 C1), <br> Class A<br>| 2780 | 21088 |
| #Ω | Blue Moon Group <br> Holdings Ltd.<br>| 244000 | 93288 |
|  | Bluestar Adisseo Co., <br> Class A<br>| 14700 | 19439 |
| Ω | BOC Aviation Ltd. | 83000 | 727552 |
|  | BOC International <br> China Co. Ltd., <br> Class A<br>| 17500 | 34602 |
| \* | BOE HC SemiTek <br> Corp.<br>| 50100 | 56092 |
|  | BOE Technology <br> Group Co. Ltd., <br> Class A<br>| 342100 | 195278 |
|  | BOE Varitronix Ltd. | 128000 | 82000 |
| \* | Bohai Leasing Co. <br> Ltd., Class A<br>| 144400 | 72545 |
|  | Bosideng International <br> Holdings Ltd.<br>| 1726000 | 1056163 |
|  | BOTH Engineering <br> Technology Co. <br> Ltd., Class A<br>| 13200 | 23127 |
|  | Boyaa Interactive <br> International Ltd.<br>| 45000 | 30882 |
|  | Bright Dairy & Food <br> Co. Ltd., Class A<br>| 39100 | 45950 |
| \* | Brii Biosciences Ltd. | 133500 | 31264 |
| # | Brilliance China <br> Automotive <br> Holdings Ltd.<br>| 994000 | 489082 |
|  | Bros Eastern Co. Ltd., <br> Class A<br>| 26700 | 20051 |
| \* | B-Soft Co. Ltd., <br> Class A<br>| 67555 | 45124 |
|  | BTG Hotels Group <br> Co. Ltd., Class A<br>| 33900 | 69244 |
| \* | Burning Rock Biotech <br> Ltd., ADR<br>| 1300 | 16783 |
| \* | Business-intelligence <br> of Oriental Nations <br> Corp. Ltd., Class A<br>| 15900 | 23607 |
|  | BYD Co. Ltd., <br> Class H<br>| 202500 | 2616297 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | BYD Electronic <br> International Co. <br> Ltd.<br>| 241500 | $1133752 |
|  | By-health Co. Ltd., <br> Class A<br>| 26600 | 46917 |
| \* | C C Land Holdings <br> Ltd.<br>| 665499 | 101899 |
|  | C&D International <br> Investment Group <br> Ltd.<br>| 216815 | 445328 |
|  | C&D Property <br> Management Group <br> Co. Ltd.<br>| 76000 | 28346 |
|  | Caitong Securities Co. <br> Ltd., Class A<br>| 46670 | 56428 |
| \*Ω | CALB Group Co. Ltd., <br> Class H<br>| 48700 | 209917 |
| \* | Cambricon <br> Technologies Corp. <br> Ltd., Class A<br>| 256 | 49478 |
|  | Camel Group Co. Ltd., <br> Class A<br>| 41308 | 59240 |
| # | Canggang Railway <br> Ltd.<br>| 176000 | 18592 |
|  | Cangzhou Mingzhu <br> Plastic Co. Ltd., <br> Class A<br>| 67400 | 44180 |
|  | Canmax Technologies <br> Co. Ltd., Class A<br>| 16650 | 71142 |
|  | Canny Elevator Co. <br> Ltd., Class A<br>| 15300 | 15786 |
| \*Ω | CanSino Biologics, <br> Inc., Class H<br>| 4200 | 24972 |
|  | Castech, Inc., <br> Class A<br>| 8250 | 53730 |
|  | Cathay Biotech, Inc., <br> Class A<br>| 4185 | 29893 |
| Ω | Cathay Group <br> Holdings, Inc.<br>| 135000 | 23908 |
|  | CCCC Design & <br> Consulting Group <br> Co. Ltd., Class A<br>| 20800 | 22417 |
|  | CCS Supply Chain <br> Management Co. <br> Ltd., Class A<br>| 35100 | 23547 |
|  | CECEP Solar Energy <br> Co. Ltd., Class A<br>| 68300 | 44740 |
|  | CECEP Wind-Power <br> Corp., Class A<br>| 164120 | 71295 |
|  | Central China Land <br> Media Co. Ltd., <br> Class A<br>| 25200 | 42833 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Central China <br> Securities Co. Ltd., <br> Class H<br>| 316000 | $104818 |
|  | CETC Cyberspace <br> Security Technology <br> Co. Ltd., Class A<br>| 12200 | 31360 |
|  | CETC Digital <br> Technology Co. <br> Ltd., Class A<br>| 6780 | 25946 |
|  | CGN Mining Co. Ltd. | 185000 | 93112 |
|  | CGN New Energy <br> Holdings Co. Ltd.<br>| 800000 | 283125 |
| \* | CGN Nuclear <br> Technology <br> Development Co. <br> Ltd., Class A<br>| 22700 | 25815 |
| Ω | CGN Power Co. Ltd., <br> Class H<br>| 1452000 | 575270 |
|  | Changbai Mountain <br> Tourism Co. Ltd., <br> Class A<br>| 8500 | 62726 |
|  | Changchun Faway <br> Automobile <br> Components Co. <br> Ltd., Class A<br>| 14500 | 19200 |
|  | Changchun High-Tech <br> Industry Group Co. <br> Ltd., Class A<br>| 2500 | 39463 |
|  | Changhong Meiling <br> Co. Ltd., Class A<br>| 19400 | 18958 |
|  | Changjiang & <br> Jinggong Steel <br> Building Group Co. <br> Ltd., Class A<br>| 64200 | 38438 |
|  | Changjiang Publishing <br> & Media Co. Ltd., <br> Class A<br>| 44400 | 54657 |
|  | Changjiang Securities <br> Co. Ltd., Class A<br>| 53700 | 66595 |
|  | Changzheng <br> Engineering <br> Technology Co. <br> Ltd., Class A<br>| 8600 | 22943 |
|  | Changzhou Qianhong <br> Biopharma Co. Ltd., <br> Class A<br>| 23800 | 31124 |
|  | Changzhou Xingyu <br> Automotive Lighting <br> Systems Co. Ltd., <br> Class A<br>| 2400 | 43768 |
|  | Chaowei Power <br> Holdings Ltd.<br>| 249000 | 46496 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Chaozhou <br> Three-Circle Group <br> Co. Ltd., Class A<br>| 6000 | $41877 |
| Ω | Cheerwin Group Ltd. | 160500 | 46615 |
| \* | Cheetah Mobile, Inc., <br> ADR<br>| 2478 | 18436 |
| \* | Chen Lin Education <br> Group Holdings <br> Ltd.<br>| 34000 | 7013 |
|  | Cheng De Lolo Co. <br> Ltd., Class A<br>| 35400 | 45927 |
|  | Chengdu Fusen <br> Noble-House <br> Industrial Co. Ltd., <br> Class A<br>| 16900 | 26975 |
|  | Chengdu Galaxy <br> Magnets Co. Ltd., <br> Class A<br>| 7100 | 34433 |
|  | Chengdu Guibao <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 9100 | 28663 |
|  | Chengdu Haoneng <br> Technology Co. <br> Ltd., Class A<br>| 55900 | 106863 |
|  | Chengdu Hi-tech <br> Development Co. <br> Ltd., Class A<br>| 2900 | 20406 |
|  | Chengdu Hongqi <br> Chain Co. Ltd., <br> Class A<br>| 29400 | 22738 |
|  | Chengdu Kanghong <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 13552 | 64477 |
|  | Chengdu Kanghua <br> Biological Products <br> Co. Ltd., Class A<br>| 2350 | 25475 |
|  | Chengdu Leejun <br> Industrial Co. Ltd., <br> Class A<br>| 21700 | 34110 |
|  | Chengdu Wintrue <br> Holding Co. Ltd., <br> Class A<br>| 28200 | 41380 |
|  | Chengdu Xingrong <br> Environment Co. <br> Ltd., Class A<br>| 33500 | 33250 |
|  | Chenguang Biotech <br> Group Co. Ltd., <br> Class A<br>| 14900 | 28005 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Chengxin Lithium <br> Group Co. Ltd., <br> Class A<br>| 10400 | $37274 |
|  | Chengzhi Co. Ltd., <br> Class A<br>| 20300 | 21853 |
| # | Chervon Holdings <br> Ltd.<br>| 38500 | 99900 |
|  | Chifeng Jilong Gold <br> Mining Co. Ltd., <br> Class A<br>| 13200 | 55041 |
| \* | China Aerospace <br> International <br> Holdings Ltd.<br>| 690000 | 50543 |
| \* | China Agriculture <br> Development Seed <br> Group Co. Ltd., <br> Class A<br>| 28400 | 25652 |
|  | China Aircraft Leasing <br> Group Holdings <br> Ltd.<br>| 89059 | 51066 |
|  | China Animal <br> Husbandry Industry <br> Co. Ltd., Class A<br>| 31700 | 34245 |
|  | China Automotive <br> Engineering <br> Research Institute <br> Co. Ltd., Class A<br>| 16300 | 40137 |
|  | China Baoan Group <br> Co. Ltd., Class A<br>| 17600 | 28348 |
|  | China BlueChemical <br> Ltd., Class H<br>| 498000 | 153890 |
| \*Ω | China Bohai Bank Co. <br> Ltd., Class H<br>| 696500 | 91377 |
| \* | China Boton Group <br> Co. Ltd.<br>| 118000 | 27609 |
|  | China CAMC <br> Engineering Co. <br> Ltd., Class A<br>| 30400 | 36381 |
| # | China Chunlai <br> Education Group <br> Co. Ltd.<br>| 65000 | 36460 |
|  | China Cinda Asset <br> Management Co. <br> Ltd., Class H<br>| 3009000 | 487743 |
|  | China CITIC Bank <br> Corp. Ltd., Class H<br>| 1222000 | 1165917 |
|  | China Coal Energy <br> Co. Ltd., Class H<br>| 726000 | 1022675 |
|  | China Coal Xinji <br> Energy Co. Ltd., <br> Class A<br>| 69700 | 70940 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \*†† | China Common Rich <br> Renewable Energy <br> Investments Ltd.<br>| 190000 | $0 |
|  | China <br> Communications <br> Services Corp. Ltd., <br> Class H<br>| 712000 | 426711 |
| \* | China Conch <br> Environment <br> Protection Holdings <br> Ltd.<br>| 434000 | 32297 |
|  | China Conch Venture <br> Holdings Ltd.<br>| 447500 | 559525 |
|  | China Construction <br> Bank Corp., <br> Class H<br>| 7661000 | 7584703 |
|  | China CSSC Holdings <br> Ltd., Class A<br>| 4300 | 21721 |
|  | China CYTS Tours <br> Holding Co. Ltd., <br> Class A<br>| 20900 | 28497 |
|  | China Datang Corp. <br> Renewable Power <br> Co. Ltd., Class H<br>| 608000 | 186196 |
|  | China Design Group <br> Co. Ltd., Class A<br>| 19400 | 21302 |
| Ω | China Development <br> Bank Financial <br> Leasing Co. Ltd., <br> Class H<br>| 718000 | 157812 |
|  | China Dongxiang <br> Group Co. Ltd.<br>| 1100000 | 70852 |
| Ω | China East Education <br> Holdings Ltd.<br>| 205000 | 172352 |
| \* | China Eastern Airlines <br> Corp. Ltd., Class H<br>| 434000 | 222898 |
|  | China Education <br> Group Holdings <br> Ltd.<br>| 385009 | 147733 |
|  | China Electronics <br> Huada Technology <br> Co. Ltd.<br>| 340000 | 64673 |
| \* | China Electronics <br> Optics Valley Union <br> Holding Co. Ltd.<br>| 824000 | 25617 |
|  | China Energy <br> Engineering Corp. <br> Ltd. (3996 HK), <br> Class H<br>| 1020000 | 152162 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Energy <br> Engineering Corp. <br> Ltd. (601868 C1), <br> Class A<br>| 439823 | $149006 |
|  | China Everbright Bank <br> Co. Ltd., Class H<br>| 527000 | 216200 |
| # | China Everbright <br> Environment Group <br> Ltd.<br>| 692111 | 428236 |
| Ω | China Everbright <br> Greentech Ltd.<br>| 83000 | 10030 |
|  | China Everbright Ltd. | 280000 | 363579 |
|  | China Everbright <br> Water Ltd.<br>| 52712 | 10519 |
| \* | China Express Airlines <br> Co. Ltd., Class A<br>| 18000 | 27011 |
| Ω | China Feihe Ltd. | 1273000 | 679415 |
|  | China Film Group Co. <br> Ltd., Class A<br>| 18541 | 37948 |
| \* | China First Heavy <br> Industries Co. Ltd., <br> Class A<br>| 56700 | 25664 |
|  | China Foods Ltd. | 344000 | 183627 |
|  | China Galaxy <br> Securities Co. Ltd., <br> Class H<br>| 729500 | 1049461 |
|  | China Gas Holdings <br> Ltd.<br>| 923661 | 950027 |
|  | China Gold <br> International <br> Resources Corp. <br> Ltd. (2099 HK)<br>| 17900 | 301310 |
|  | China Gold <br> International <br> Resources Corp. <br> Ltd. (CGG CN)<br>| 94140 | 1594114 |
|  | China Great Wall <br> Securities Co. Ltd., <br> Class A<br>| 32700 | 50842 |
| \* | China Greatwall <br> Technology Group <br> Co. Ltd., Class A<br>| 4500 | 10708 |
|  | China Green <br> Electricity <br> Investment of <br> Tianjin Co. Ltd., <br> Class A<br>| 32600 | 39905 |
|  | China Hainan Rubber <br> Industry Group Co. <br> Ltd., Class A<br>| 36100 | 28649 |
|  | China Hanking <br> Holdings Ltd.<br>| 202000 | 112974 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | China Harmony Auto <br> Holding Ltd.<br>| 154000 | $24803 |
| \* | China High Speed <br> Railway Technology <br> Co. Ltd., Class A<br>| 90100 | 36451 |
| \* | China High Speed <br> Transmission <br> Equipment Group <br> Co. Ltd.<br>| 52000 | 11910 |
|  | China Hongqiao <br> Group Ltd.<br>| 965000 | 3663906 |
| #†† | China Huiyuan Juice <br> Group Ltd.<br>| 269535 | 12161 |
| Ω | China International <br> Capital Corp. Ltd., <br> Class H<br>| 246000 | 669255 |
|  | China International <br> Marine Containers <br> Group Co. Ltd., <br> Class H<br>| 298200 | 272568 |
|  | China Isotope & <br> Radiation Corp., <br> Class H<br>| 7600 | 18757 |
| # | China Jinmao <br> Holdings Group <br> Ltd.<br>| 1847078 | 319201 |
|  | China Kepei <br> Education Group <br> Ltd.<br>| 178000 | 33266 |
|  | China Kings <br> Resources Group <br> Co. Ltd., Class A<br>| 19496 | 50368 |
|  | China Leadshine <br> Technology Co. <br> Ltd., Class A<br>| 8300 | 51585 |
|  | China Lesso Group <br> Holdings Ltd.<br>| 343000 | 196280 |
|  | China Life Insurance <br> Co. Ltd., Class H<br>| 308000 | 971275 |
|  | China Lilang Ltd. | 157000 | 68046 |
| \*Ω | China Literature Ltd. | 81400 | 438518 |
|  | China Longyuan <br> Power Group Corp. <br> Ltd., Class H<br>| 446000 | 413043 |
| \* | China Maple Leaf <br> Educational <br> Systems Ltd.<br>| 142000 | 7032 |
|  | China Medical System <br> Holdings Ltd.<br>| 473000 | 815740 |
|  | China Meheco Group <br> Co. Ltd., Class A<br>| 34840 | 55203 |
|  | China Meidong Auto <br> Holdings Ltd.<br>| 278000 | 63240 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Mengniu Dairy <br> Co. Ltd.<br>| 1059000 | $1927116 |
|  | China Merchants <br> Bank Co. Ltd., <br> Class H<br>| 593500 | 3720374 |
|  | China Merchants <br> Energy Shipping <br> Co. Ltd., Class A<br>| 109220 | 141868 |
|  | China Merchants <br> Expressway <br> Network & <br> Technology <br> Holdings Co. Ltd., <br> Class A<br>| 11700 | 16877 |
|  | China Merchants Port <br> Holdings Co. Ltd.<br>| 379993 | 735954 |
|  | China Merchants <br> Property Operation <br> & Service Co. Ltd., <br> Class A<br>| 23100 | 37219 |
| Ω | China Merchants <br> Securities Co. Ltd., <br> Class H<br>| 96820 | 194390 |
|  | China Merchants <br> Shekou Industrial <br> Zone Holdings Co. <br> Ltd., Class A<br>| 49400 | 65611 |
| # | China Minsheng <br> Banking Corp. Ltd., <br> Class H<br>| 1131900 | 579888 |
| # | China Modern Dairy <br> Holdings Ltd.<br>| 1105000 | 172182 |
|  | China National Accord <br> Medicines Corp. <br> Ltd., Class A<br>| 13130 | 46918 |
|  | China National <br> Building Material <br> Co. Ltd., Class H<br>| 837141 | 593246 |
|  | China National <br> Chemical <br> Engineering Co. <br> Ltd., Class A<br>| 55700 | 60530 |
|  | China National <br> Electric Apparatus <br> Research Institute <br> Co. Ltd., Class A<br>| 6835 | 30944 |
|  | China National Gold <br> Group Gold <br> Jewellery Co. Ltd., <br> Class A<br>| 37300 | 43289 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China National <br> Medicines Corp. <br> Ltd., Class A<br>| 10000 | $41882 |
|  | China National <br> Nuclear Power Co. <br> Ltd., Class A<br>| 285772 | 360727 |
| \*Ω | China New Higher <br> Education Group <br> Ltd.<br>| 354064 | 56046 |
|  | China Nonferrous <br> Metal Industry's <br> Foreign Engineering <br> & Construction Co. <br> Ltd., Class A<br>| 57900 | 54311 |
|  | China Nonferrous <br> Mining Corp. Ltd.<br>| 524000 | 966489 |
|  | China Northern Rare <br> Earth Group <br> High-Tech Co. Ltd., <br> Class A<br>| 8900 | 63558 |
| \* | China Oil & Gas <br> Group Ltd.<br>| 1408000 | 31582 |
|  | China Oilfield Services <br> Ltd., Class H<br>| 590000 | 575988 |
|  | China Oriental Group <br> Co. Ltd.<br>| 366000 | 61767 |
|  | China Overseas <br> Grand Oceans <br> Group Ltd.<br>| 580283 | 162131 |
|  | China Overseas Land <br> & Investment Ltd.<br>| 808000 | 1355981 |
|  | China Overseas <br> Property Holdings <br> Ltd.<br>| 560000 | 349538 |
|  | China Pacific <br> Insurance Group <br> Co. Ltd., Class H<br>| 721000 | 2922971 |
|  | China Petroleum & <br> Chemical Corp., <br> Class H<br>| 4480000 | 2382931 |
|  | China Petroleum <br> Engineering Corp., <br> Class A<br>| 86700 | 43413 |
|  | China Power <br> International <br> Development Ltd.<br>| 866999 | 373762 |
| \*†† | China Properties <br> Investment Holdings <br> Ltd.<br>| 81000 | 0 |
|  | China Publishing & <br> Media Co. Ltd., <br> Class A<br>| 24900 | 23980 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Qinfa Group <br> Ltd.<br>| 220000 | $82609 |
|  | China Railway Group <br> Ltd., Class H<br>| 968000 | 491045 |
|  | China Railway Hi-tech <br> Industry Co. Ltd., <br> Class A<br>| 53100 | 62755 |
|  | China Railway <br> Materials Co. Ltd., <br> Class A<br>| 100200 | 37737 |
| Ω | China Railway Signal <br> & Communication <br> Corp. Ltd., Class H<br>| 513000 | 225090 |
|  | China Railway Tielong <br> Container Logistics <br> Co. Ltd., Class A<br>| 36500 | 33151 |
| \* | China Rare Earth <br> Holdings Ltd.<br>| 768399 | 69220 |
| \* | China Rare Earth <br> Resources & <br> Technology Co. <br> Ltd., Class A<br>| 2900 | 21487 |
|  | China Reinsurance <br> Group Corp., <br> Class H<br>| 2078000 | 422013 |
| \*Ω | China Renaissance <br> Holdings Ltd.<br>| 69900 | 52134 |
|  | China Resource & <br> Environment Co. <br> Ltd., Class A<br>| 33600 | 20313 |
|  | China Resources Beer <br> Holdings Co. Ltd.<br>| 559307 | 1913125 |
|  | China Resources <br> Boya <br> Bio-pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 5200 | 18461 |
|  | China Resources <br> Building Materials <br> Technology <br> Holdings Ltd.<br>| 756000 | 164412 |
|  | China Resources <br> Double Crane <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 24200 | 65500 |
|  | China Resources Gas <br> Group Ltd.<br>| 295900 | 813672 |
|  | China Resources <br> Land Ltd.<br>| 754000 | 2724154 |
| # | China Resources <br> Medical Holdings <br> Co. Ltd.<br>| 267500 | 116229 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Ω | China Resources Mixc <br> Lifestyle Services <br> Ltd.<br>| 192800 | $1008752 |
| #Ω | China Resources <br> Pharmaceutical <br> Group Ltd.<br>| 628500 | 402771 |
|  | China Resources <br> Power Holdings Co. <br> Ltd.<br>| 312690 | 747735 |
|  | China Resources <br> Sanjiu Medical & <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 14019 | 56829 |
| # | China Risun Group <br> Ltd.<br>| 380000 | 114379 |
| \* | China Ruyi Holdings <br> Ltd.<br>| 1652000 | 588867 |
| \* | China Sanjiang Fine <br> Chemicals Co. Ltd.<br>| 207000 | 65445 |
| #\* | China Shanshui <br> Cement Group Ltd.<br>| 204000 | 20913 |
| \*Ω | China Shengmu <br> Organic Milk Ltd.<br>| 1189000 | 52958 |
| # | China Shenhua <br> Energy Co. Ltd., <br> Class H<br>| 648500 | 3376858 |
|  | China Shineway <br> Pharmaceutical <br> Group Ltd.<br>| 108000 | 116659 |
|  | China South <br> Publishing & Media <br> Group Co. Ltd., <br> Class A<br>| 45700 | 77737 |
| \* | China Southern <br> Airlines Co. Ltd., <br> Class H<br>| 432000 | 260510 |
|  | China Southern Power <br> Grid Energy <br> Efficiency&Clean <br> Energy Co. Ltd. <br> (003035 C2), <br> Class A<br>| 64500 | 44682 |
|  | China Southern Power <br> Grid Technology <br> Co. Ltd., Class A<br>| 4818 | 35907 |
|  | China Starch Holdings <br> Ltd.<br>| 415000 | 10183 |
|  | China State <br> Construction <br> Development <br> Holdings Ltd.<br>| 224000 | 34052 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China State <br> Construction <br> Engineering Corp. <br> Ltd., Class A<br>| 270029 | $206124 |
|  | China State <br> Construction <br> International <br> Holdings Ltd.<br>| 742000 | 844070 |
|  | China Sunshine Paper <br> Holdings Co. Ltd.<br>| 260000 | 56173 |
|  | China Suntien Green <br> Energy Corp. Ltd., <br> Class H<br>| 450000 | 251612 |
|  | China Taiping <br> Insurance Holdings <br> Co. Ltd.<br>| 441200 | 1003582 |
|  | China Testing & <br> Certification <br> International Group <br> Co. Ltd., Class A<br>| 15338 | 14082 |
|  | China Tianying, Inc., <br> Class A<br>| 79700 | 65748 |
|  | China Tobacco <br> International HK Co. <br> Ltd.<br>| 82000 | 399446 |
| #Ω | China Tourism Group <br> Duty Free Corp. <br> Ltd. (1880 HK), <br> Class H<br>| 16500 | 141789 |
| Ω | China Tower Corp. <br> Ltd., Class H<br>| 1503800 | 2172459 |
|  | China Traditional <br> Chinese Medicine <br> Holdings Co. Ltd.<br>| 914000 | 275337 |
| \* | China TransInfo <br> Technology Co. <br> Ltd., Class A<br>| 30900 | 48329 |
| #\* | China Travel <br> International <br> Investment Hong <br> Kong Ltd.<br>| 744000 | 164536 |
|  | China Tungsten & <br> Hightech Materials <br> Co. Ltd., Class A<br>| 30150 | 99282 |
| #\* | China Vanke Co. Ltd., <br> Class H<br>| 740484 | 419514 |
|  | China Vered Financial <br> Holding Corp. Ltd.<br>| 219000 | 31204 |
|  | China Wafer <br> Level CSP Co. Ltd., <br> Class A<br>| 5400 | 22306 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Water Affairs <br> Group Ltd.<br>| 196000 | $158115 |
|  | China West <br> Construction Group <br> Co. Ltd., Class A<br>| 32100 | 29790 |
|  | China XD Electric Co. <br> Ltd., Class A<br>| 64800 | 72641 |
|  | China XLX Fertiliser <br> Ltd.<br>| 218000 | 205698 |
|  | China Yangtze Power <br> Co. Ltd., Class A<br>| 74800 | 295513 |
|  | China Yongda <br> Automobiles <br> Services Holdings <br> Ltd.<br>| 443500 | 97383 |
| #\*Ω | China Youran Dairy <br> Group Ltd.<br>| 598000 | 249825 |
| \*Ω | China Yuhua <br> Education Corp. <br> Ltd.<br>| 554000 | 39824 |
|  | China Zhenhua Group <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 8500 | 60250 |
|  | China Zheshang Bank <br> Co. Ltd., Class H<br>| 778000 | 253444 |
|  | China-Singapore <br> Suzhou Industrial <br> Park Development <br> Group Co. Ltd., <br> Class A<br>| 14800 | 19280 |
|  | Chinasoft International <br> Ltd.<br>| 954000 | 714162 |
|  | Chinese Universe <br> Publishing & Media <br> Group Co. Ltd., <br> Class A<br>| 13900 | 20281 |
|  | Chongqing Brewery <br> Co. Ltd., Class A<br>| 4200 | 31707 |
|  | Chongqing Changan <br> Automobile Co. <br> Ltd., Class A<br>| 32594 | 56776 |
|  | Chongqing Chuanyi <br> Automation Co. <br> Ltd., Class A<br>| 13260 | 43506 |
|  | Chongqing <br> Department Store <br> Co. Ltd., Class A<br>| 11000 | 42270 |
|  | Chongqing Fuling <br> Electric Power <br> Industrial Co. Ltd., <br> Class A<br>| 49455 | 68759 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Chongqing Fuling <br> Zhacai Group Co. <br> Ltd., Class A<br>| 20760 | $38296 |
|  | Chongqing Gas Group <br> Corp. Ltd., Class A<br>| 23600 | 19445 |
|  | Chongqing Machinery <br> & Electric Co. Ltd., <br> Class H<br>| 482000 | 114663 |
|  | Chongqing Port Co. <br> Ltd., Class A<br>| 29300 | 22349 |
|  | Chongqing Road & <br> Bridge Co. Ltd., <br> Class A<br>| 39700 | 37787 |
|  | Chongqing Rural <br> Commercial Bank <br> Co. Ltd., Class H<br>| 587000 | 482744 |
|  | Chongqing Sanfeng <br> Environment Group <br> Corp. Ltd., Class A<br>| 54700 | 64957 |
| \* | Chongqing Taiji <br> Industry Group Co. <br> Ltd., Class A<br>| 12500 | 36911 |
|  | Chongqing Zhifei <br> Biological Products <br> Co. Ltd., Class A<br>| 12250 | 35446 |
|  | Chongyi Zhangyuan <br> Tungsten Industry <br> Co. Ltd., Class A<br>| 26700 | 48403 |
|  | Chow Tai Fook <br> Jewellery Group <br> Ltd.<br>| 560600 | 1097219 |
|  | Chow Tai Seng <br> Jewellery Co. Ltd., <br> Class A<br>| 24400 | 47467 |
| \* | CIFI Holdings Group <br> Co. Ltd.<br>| 1224000 | 35212 |
|  | CIG Shanghai Co. <br> Ltd., Class A<br>| 5800 | 83616 |
|  | CIMC Enric Holdings <br> Ltd.<br>| 266000 | 256911 |
|  | Cisen Pharmaceutical <br> Co. Ltd., Class A<br>| 20900 | 62289 |
|  | CITIC Heavy <br> Industries Co. Ltd., <br> Class A<br>| 43000 | 45419 |
|  | CITIC Ltd. | 831000 | 1284419 |
|  | CITIC Resources <br> Holdings Ltd.<br>| 1012000 | 53969 |
|  | CITIC Securities Co. <br> Ltd., Class H<br>| 135475 | 515765 |
|  | City Development <br> Environment Co. <br> Ltd., Class A<br>| 24900 | 52285 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Citychamp Watch & <br> Jewellery Group <br> Ltd.<br>| 440000 | $10345 |
| \* | ClouDr Group Ltd. | 207100 | 31929 |
| #\* | CMGE Technology <br> Group Ltd.<br>| 858000 | 43631 |
|  | CMOC Group Ltd., <br> Class H<br>| 945000 | 2045885 |
|  | CMST Development <br> Co. Ltd., Class A<br>| 63900 | 53442 |
| \* | CNFinance Holdings <br> Ltd., ADR<br>| 618 | 3089 |
|  | CNGR Advanced <br> Material Co. Ltd., <br> Class A<br>| 7810 | 50538 |
|  | CNOOC Energy <br> Technology & <br> Services Ltd., <br> Class A<br>| 105600 | 57922 |
|  | CNSIG Inner Mongolia <br> Chemical Industry <br> Co. Ltd., Class A<br>| 32500 | 36238 |
| \* | COFCO <br> Biotechnology Co. <br> Ltd., Class A<br>| 32100 | 26768 |
|  | COFCO Capital <br> Holdings Co. Ltd., <br> Class A<br>| 20600 | 36785 |
| #\* | COFCO Joycome <br> Foods Ltd.<br>| 892000 | 190290 |
|  | COFCO Sugar <br> Holding Co. Ltd., <br> Class A<br>| 41100 | 90349 |
|  | Cofoe Medical <br> Technology Co. <br> Ltd., Class A<br>| 6200 | 38067 |
|  | Comba Telecom <br> Systems Holdings <br> Ltd.<br>| 482000 | 181874 |
|  | Concord New Energy <br> Group Ltd.<br>| 2470000 | 122411 |
|  | Consun <br> Pharmaceutical <br> Group Ltd.<br>| 165000 | 319165 |
|  | Contemporary <br> Amperex <br> Technology Co. <br> Ltd., Class A<br>| 25160 | 1375624 |
|  | Continental Aerospace <br> Technologies <br> Holding Ltd.<br>| 1578866 | 27129 |
| \* | Coolpad Group Ltd. | 128000 | 17934 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | COSCO SHIPPING <br> Development Co. <br> Ltd., Class H<br>| 1119000 | $166925 |
|  | COSCO SHIPPING <br> Energy <br> Transportation Co. <br> Ltd., Class H<br>| 418000 | 590983 |
|  | COSCO SHIPPING <br> Holdings Co. Ltd., <br> Class H<br>| 899300 | 1559594 |
|  | COSCO SHIPPING <br> International Hong <br> Kong Co. Ltd.<br>| 224000 | 172722 |
| # | COSCO SHIPPING <br> Ports Ltd.<br>| 427733 | 315329 |
|  | COSCO SHIPPING <br> Specialized Carriers <br> Co. Ltd., Class A<br>| 79500 | 81322 |
|  | COSCO SHIPPING <br> Technology Co. <br> Ltd., Class A<br>| 11500 | 28393 |
|  | CQ Pharmaceutical <br> Holding Co. Ltd., <br> Class A<br>| 54100 | 40839 |
|  | CRRC Corp. Ltd., <br> Class H<br>| 991000 | 751987 |
| Ω | CSC Financial Co. <br> Ltd., Class H<br>| 35500 | 60218 |
|  | CSG Holding Co. Ltd., <br> Class A<br>| 62295 | 41657 |
|  | CSPC Pharmaceutical <br> Group Ltd.<br>| 3058800 | 3012894 |
|  | CSSC Hong Kong <br> Shipping Co. Ltd.<br>| 478000 | 127840 |
|  | CSSC Science & <br> Technology Co. <br> Ltd., Class A<br>| 9800 | 16500 |
|  | CTS International <br> Logistics Corp. Ltd., <br> Class A<br>| 45970 | 39885 |
| \* | Cutia Therapeutics, <br> Class H<br>| 9400 | 9175 |
| \* | CWT International <br> Ltd.<br>| 1480000 | 46715 |
|  | Dajin Heavy Industry <br> Co. Ltd., Class A<br>| 7900 | 55870 |
|  | Dalian Huarui Heavy <br> Industry Group Co. <br> Ltd., Class A<br>| 45400 | 41099 |
| #\* | Dalipal Holdings Ltd. | 118000 | 98417 |
| \* | Damai Entertainment <br> Holdings Ltd.<br>| 3770000 | 445928 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Daqin Railway Co. <br> Ltd., Class A<br>| 85065 | $68518 |
|  | Dashang Co. Ltd., <br> Class A<br>| 6292 | 15567 |
|  | DaShenLin <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 24436 | 62791 |
| # | Datang International <br> Power Generation <br> Co. Ltd., Class H<br>| 586000 | 180139 |
|  | Dawnrays <br> Pharmaceutical <br> Holdings Ltd.<br>| 141000 | 21810 |
|  | DBG Technology Co. <br> Ltd., Class A<br>| 8800 | 38122 |
|  | DeHua TB New <br> Decoration <br> Materials Co. Ltd., <br> Class A<br>| 15800 | 28036 |
|  | Deppon Logistics Co. <br> Ltd., Class A<br>| 15200 | 31885 |
| \* | Dezhan Healthcare <br> Co. Ltd., Class A<br>| 66100 | 40689 |
|  | DHC Software Co. <br> Ltd., Class A<br>| 37500 | 54483 |
|  | Dian Diagnostics <br> Group Co. Ltd., <br> Class A<br>| 15300 | 34957 |
|  | Digital China Group <br> Co. Ltd., Class A<br>| 11400 | 69014 |
| # | Digital China Holdings <br> Ltd.<br>| 163000 | 62896 |
| \* | Digital China <br> Information Service <br> Group Co. Ltd., <br> Class A<br>| 17600 | 46981 |
|  | Do-Fluoride New <br> Materials Co. Ltd., <br> Class A<br>| 15920 | 63558 |
|  | Dong-E-E-Jiao Co. <br> Ltd., Class A<br>| 2700 | 18016 |
|  | Dongfang Electric <br> Corp. Ltd., Class H<br>| 84200 | 205447 |
|  | Dongfang Electronics <br> Co. Ltd., Class A<br>| 43300 | 72453 |
|  | DongFeng Automobile <br> Co. Ltd., Class A<br>| 24900 | 27080 |
|  | Dongfeng Electronic <br> Technology Co. <br> Ltd., Class A<br>| 11900 | 20935 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Dongfeng Motor <br> Group Co. Ltd., <br> Class H<br>| 674000 | $815353 |
|  | Dongguan Aohai <br> Technology Co. <br> Ltd., Class A<br>| 1900 | 12591 |
|  | Dongguan <br> Development <br> Holdings Co. Ltd., <br> Class A<br>| 26300 | 43578 |
|  | Dongguan Rural <br> Commercial Bank <br> Co. Ltd., Class H<br>| 22000 | 9589 |
|  | Dongguan Yutong <br> Optical Technology <br> Co. Ltd., Class A<br>| 6500 | 28151 |
|  | Donghua Testing <br> Technology Co. <br> Ltd., Class A<br>| 4000 | 30342 |
| \* | Dongjiang <br> Environmental Co. <br> Ltd., Class H<br>| 32200 | 10337 |
|  | Dongxing Securities <br> Co. Ltd., Class A<br>| 45600 | 81208 |
|  | Dongyue Group Ltd. | 532000 | 684458 |
| # | DouYu International <br> Holdings Ltd., ADR<br>| 11065 | 76015 |
| \* | DPC Dash Ltd. | 18100 | 205408 |
|  | Dynagreen <br> Environmental <br> Protection Group <br> Co. Ltd., Class H<br>| 127000 | 89119 |
|  | Eaglerise Electric & <br> Electronic China <br> Co. Ltd., Class A<br>| 9700 | 34900 |
|  | East Money <br> Information Co. <br> Ltd., Class A<br>| 25927 | 93009 |
|  | Eastcompeace <br> Technology Co. <br> Ltd., Class A<br>| 15200 | 51728 |
| \* | Easyhome New Retail <br> Group Co. Ltd., <br> Class A<br>| 87800 | 35663 |
|  | E-Commodities <br> Holdings Ltd.<br>| 660000 | 70485 |
|  | Ecovacs Robotics Co. <br> Ltd., Class A<br>| 4100 | 51552 |
|  | Edifier Technology Co. <br> Ltd., Class A<br>| 17400 | 31356 |
|  | Edvantage Group <br> Holdings Ltd.<br>| 171630 | 30944 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | EEKA Fashion <br> Holdings Ltd.<br>| 72000 | $72660 |
|  | Electric Connector <br> Technology Co. <br> Ltd., Class A<br>| 5100 | 36087 |
| \*†† | Elion Energy Co. Ltd., <br> Class A<br>| 92870 | 914 |
|  | ENN Energy Holdings <br> Ltd.<br>| 160200 | 1395866 |
|  | ENN Natural Gas Co. <br> Ltd., Class A<br>| 28500 | 78204 |
|  | Eoptolink Technology, <br> Inc. Ltd., Class A<br>| 6720 | 322877 |
|  | Era Co. Ltd., Class A | 31300 | 18747 |
|  | Essex Bio-technology <br> Ltd.<br>| 122000 | 67623 |
|  | Eternal Asia Supply <br> Chain Management <br> Ltd., Class A<br>| 75600 | 54088 |
|  | EVA Precision <br> Industrial Holdings <br> Ltd.<br>| 414000 | 63427 |
|  | Eve Energy Co. Ltd., <br> Class A<br>| 9800 | 114614 |
|  | Ever Sunshine <br> Services Group <br> Ltd.<br>| 240000 | 53927 |
| Ω | Everbright Securities <br> Co. Ltd., Class H<br>| 50600 | 63540 |
| \* | EverChina <br> International <br> Holdings Co. Ltd.<br>| 100000 | 1816 |
| \*Ω | Everest Medicines <br> Ltd.<br>| 21500 | 135607 |
|  | Excellence <br> Commercial <br> Property & Facilities <br> Management Group <br> Ltd.<br>| 65000 | 8625 |
|  | Explosive Co. Ltd., <br> Class A<br>| 17800 | 34598 |
|  | Eyebright Medical <br> Technology Beijing <br> Co. Ltd., Class A<br>| 3546 | 32330 |
|  | Fangda Carbon New <br> Material Co. Ltd., <br> Class A<br>| 52700 | 45632 |
|  | Fangda Special Steel <br> Technology Co. <br> Ltd., Class A<br>| 69640 | 57968 |
|  | Far East Horizon Ltd. | 650000 | 583501 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Far East Smarter <br> Energy Co. Ltd., <br> Class A<br>| 43800 | $48002 |
| \* | Farasis Energy Gan <br> Zhou Co. Ltd., <br> Class A<br>| 10465 | 26230 |
|  | FAW Jiefang Group <br> Co. Ltd., Class A<br>| 26900 | 27160 |
|  | FAWER Automotive <br> Parts Co. Ltd., <br> Class A<br>| 37700 | 29773 |
|  | Feilong Auto <br> Components Co. <br> Ltd., Class A<br>| 18000 | 56948 |
| \*Ω | Feiyu Technology <br> International Co. <br> Ltd.<br>| 129000 | 11757 |
|  | Ferrotec Anhui <br> Technology <br> Development Co. <br> Ltd., Class A<br>| 3600 | 19753 |
|  | FESCO Group Co. <br> Ltd., Class A<br>| 9600 | 25571 |
|  | Fiberhome <br> Telecommunication <br> Technologies Co. <br> Ltd., Class A<br>| 16700 | 57042 |
|  | Fibocom Wireless, <br> Inc., Class A<br>| 800 | 3070 |
| \* | FIH Mobile Ltd. | 90300 | 215540 |
| \* | Financial Street <br> Holdings Co. Ltd., <br> Class A<br>| 69000 | 29299 |
| # | FinVolution Group, <br> ADR<br>| 49916 | 304987 |
|  | First Capital Securities <br> Co. Ltd., Class A<br>| 37100 | 40378 |
|  | First Tractor Co. Ltd., <br> Class H<br>| 102000 | 102624 |
| # | Flat Glass Group Co. <br> Ltd., Class H<br>| 116000 | 182389 |
|  | Focus Lightings Tech <br> Co. Ltd., Class A<br>| 25520 | 32356 |
|  | Focus Media <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 88900 | 96762 |
|  | Focused Photonics <br> Hangzhou, Inc., <br> Class A<br>| 13500 | 31511 |
|  | Foryou Corp., <br> Class A<br>| 12800 | 56993 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Foshan Electrical & <br> Lighting Co. Ltd., <br> Class A<br>| 26700 | $23644 |
|  | Foshan Haitian <br> Flavouring & Food <br> Co. Ltd., Class A<br>| 14518 | 77808 |
|  | Foshan Nationstar <br> Optoelectronics Co. <br> Ltd., Class A<br>| 17400 | 21362 |
|  | Fosun International <br> Ltd.<br>| 648572 | 411414 |
|  | Founder Securities <br> Co. Ltd., Class A<br>| 54100 | 62604 |
|  | Foxconn Industrial <br> Internet Co. Ltd., <br> Class A<br>| 113700 | 1146618 |
|  | Friend Co. Ltd., <br> Class A<br>| 14500 | 29220 |
| # | Fu Shou Yuan <br> International Group <br> Ltd.<br>| 373000 | 141103 |
| # | Fufeng Group Ltd. | 650000 | 672843 |
| \*†† | Fuguiniao Co. Ltd. | 37999 | 0 |
|  | Fujian Boss Software <br> Development Co. <br> Ltd., Class A<br>| 10320 | 19768 |
|  | Fujian Funeng Co. <br> Ltd., Class A<br>| 58470 | 83113 |
| \* | Fujian Kuncai Material <br> Technology Co. <br> Ltd., Class A<br>| 7700 | 19973 |
|  | Fujian Longking Co. <br> Ltd., Class A<br>| 33901 | 80349 |
|  | Fujian Qingshan <br> Paper Industry Co. <br> Ltd., Class A<br>| 66400 | 33417 |
|  | Fujian Star-net <br> Communication Co. <br> Ltd., Class A<br>| 13600 | 51178 |
|  | Fujian Sunner <br> Development Co. <br> Ltd., Class A<br>| 20000 | 47638 |
|  | Fujian Tianma <br> Science & <br> Technology Group <br> Co. Ltd., Class A<br>| 6900 | 13814 |
|  | Fujian Yuanli Active <br> Carbon Co. Ltd., <br> Class A<br>| 9700 | 22555 |
| \* | Future Machine Ltd. | 154000 | 13443 |
| Ω | Fuyao Glass Industry <br> Group Co. Ltd., <br> Class H<br>| 146400 | 1303740 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Gan & Lee <br> Pharmaceuticals <br> Co. Ltd., Class A<br>| 3500 | $33404 |
| #Ω | Ganfeng Lithium <br> Group Co. Ltd., <br> Class H<br>| 78280 | 516933 |
|  | Gansu Energy <br> Chemical Co. Ltd., <br> Class A<br>| 128700 | 46852 |
| \* | Gansu Jiu Steel <br> Group Hongxing <br> Iron & Steel Co. <br> Ltd., Class A<br>| 120900 | 28731 |
|  | Gansu Shangfeng <br> Cement Co. Ltd., <br> Class A<br>| 23880 | 37904 |
|  | Gansu Yasheng <br> Industrial Group Co. <br> Ltd., Class A<br>| 53000 | 23099 |
|  | G-bits Network <br> Technology Xiamen <br> Co. Ltd., Class A<br>| 800 | 53170 |
|  | GCL Energy <br> Technology Co. <br> Ltd., Class A<br>| 27800 | 41828 |
| \* | GCL New Energy <br> Holdings Ltd.<br>| 250000 | 24107 |
| #\* | GCL Technology <br> Holdings Ltd.<br>| 6680000 | 1167728 |
|  | GD Power <br> Development Co. <br> Ltd., Class A<br>| 67800 | 50424 |
| \* | GDS Holdings Ltd. <br> (9698 HK), Class A<br>| 278700 | 1241735 |
|  | Geely Automobile <br> Holdings Ltd.<br>| 1560000 | 3700803 |
|  | GEM Co. Ltd., <br> Class A<br>| 65800 | 78752 |
| \* | Gemdale Corp., <br> Class A<br>| 52100 | 28647 |
| #\* | Gemdale Properties & <br> Investment Corp. <br> Ltd.<br>| 1964000 | 44298 |
| Ω | Genertec Universal <br> Medical Group Co. <br> Ltd.<br>| 314500 | 250520 |
| \* | Genscript Biotech <br> Corp.<br>| 402000 | 834408 |
|  | GEPIC Energy <br> Development Co. <br> Ltd., Class A<br>| 30000 | 29381 |
|  | Getein Biotech, Inc., <br> Class A<br>| 8036 | 9403 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | GF Securities Co. <br> Ltd., Class H<br>| 260600 | $629144 |
| #Ω | Giant Biogene Holding <br> Co. Ltd.<br>| 113200 | 542486 |
|  | Ginlong Technologies <br> Co. Ltd., Class A<br>| 7350 | 83072 |
| #\* | Global New Material <br> International <br> Holdings Ltd.<br>| 136000 | 87321 |
|  | GoerTek, Inc., <br> Class A<br>| 14900 | 68712 |
| Ω | Golden Throat <br> Holdings Group Co. <br> Ltd.<br>| 79000 | 34956 |
|  | Goldenmax <br> International Group <br> Ltd., Class A<br>| 21100 | 48903 |
|  | Goldwind Science & <br> Technology Co. <br> Ltd., Class H<br>| 235947 | 400486 |
|  | Goneo Group Co. <br> Ltd., Class A<br>| 3248 | 19943 |
|  | Goodbaby <br> International <br> Holdings Ltd.<br>| 294000 | 44923 |
| \* | GoodWe Technologies <br> Co. Ltd. (688390 <br> C1), Class A<br>| 2478 | 21195 |
| \* | GoodWe Technologies <br> Co. Ltd. (688390 <br> CH), Class A<br>| 1181 | 10101 |
|  | Gotion High-tech Co. <br> Ltd., Class A<br>| 6460 | 41360 |
| # | Grand Pharmaceutical <br> Group Ltd.<br>| 387500 | 412541 |
|  | Grandblue <br> Environment Co. <br> Ltd., Class A<br>| 13500 | 53380 |
| \* | Grandjoy Holdings <br> Group Co. Ltd., <br> Class A<br>| 95900 | 40082 |
|  | Great Wall Motor Co. <br> Ltd., Class H<br>| 655500 | 1267842 |
| \* | Greatoo Intelligent <br> Equipment, Inc., <br> Class A<br>| 49700 | 54426 |
|  | Gree Electric <br> Appliances, Inc. of <br> Zhuhai, Class A<br>| 27479 | 153654 |
| # | Greentown China <br> Holdings Ltd.<br>| 443500 | 474676 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Ω | Greentown <br> Management <br> Holdings Co. Ltd.<br>| 174000 | $67651 |
|  | Greentown Service <br> Group Co. Ltd.<br>| 454000 | 260811 |
|  | GRG Banking <br> Equipment Co. Ltd., <br> Class A<br>| 25300 | 45698 |
|  | GRG Metrology & Test <br> Group Co. Ltd., <br> Class A<br>| 11500 | 33860 |
|  | Grinm Advanced <br> Materials Co. Ltd., <br> Class A<br>| 10300 | 32871 |
|  | Guangdong <br> Advertising Group <br> Co. Ltd., Class A<br>| 19200 | 22953 |
|  | Guangdong Aofei <br> Data Technology <br> Co. Ltd., Class A<br>| 14255 | 40641 |
|  | Guangdong Baolihua <br> New Energy Stock <br> Co. Ltd., Class A<br>| 22700 | 15190 |
|  | Guangdong <br> Construction <br> Engineering Group <br> Co. Ltd., Class A<br>| 82400 | 44363 |
| \* | Guangdong Create <br> Century Intelligent <br> Equipment Group <br> Corp. Ltd., Class A<br>| 24800 | 34861 |
| \* | Guangdong DFP New <br> Material Group Co. <br> Ltd.<br>| 35900 | 24588 |
|  | Guangdong Dongfang <br> Precision Science & <br> Technology Co. <br> Ltd., Class A<br>| 30000 | 80178 |
|  | Guangdong Dongpeng <br> Holdings Co. Ltd., <br> Class A<br>| 44500 | 44405 |
|  | Guangdong Dowstone <br> Technology Co. <br> Ltd., Class A<br>| 8500 | 29460 |
|  | Guangdong Ellington <br> Electronics <br> Technology Co. <br> Ltd., Class A<br>| 22900 | 36296 |
|  | Guangdong Fenghua <br> Advanced <br> Technology Holding <br> Co. Ltd., Class A<br>| 23900 | 56877 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guangdong Goworld <br> Co. Ltd., Class A<br>| 13300 | $24281 |
|  | Guangdong Great <br> River Smarter <br> Logistics Co. Ltd., <br> Class A<br>| 6100 | 9431 |
|  | Guangdong Guanhao <br> High-Tech Co. Ltd., <br> Class A<br>| 47300 | 21603 |
|  | Guangdong Haid <br> Group Co. Ltd., <br> Class A<br>| 11600 | 95200 |
| \* | Guangdong HEC <br> Technology Holding <br> Co. Ltd., Class A<br>| 24000 | 72566 |
|  | Guangdong Hongda <br> Holdings Group Co. <br> Ltd., Class A<br>| 10300 | 58087 |
|  | Guangdong Hongtu <br> Technology <br> Holdings Co. Ltd., <br> Class A<br>| 20400 | 36996 |
|  | Guangdong Huate <br> Gas Co. Ltd., <br> Class A<br>| 3235 | 29256 |
|  | Guangdong <br> Investment Ltd.<br>| 516000 | 490191 |
| \* | Guangdong Jia Yuan <br> Technology Shares <br> Co. Ltd., Class A<br>| 10200 | 60939 |
|  | Guangdong Kinlong <br> Hardware Products <br> Co. Ltd., Class A<br>| 13700 | 43694 |
|  | Guangdong Lingxiao <br> Pump Industry Co. <br> Ltd., Class A<br>| 6500 | 15912 |
|  | Guangdong Provincial <br> Expressway <br> Development Co. <br> Ltd., Class A<br>| 41400 | 67573 |
|  | Guangdong Sirio <br> Pharma Co. Ltd., <br> Class A<br>| 7713 | 26021 |
|  | Guangdong South <br> New Media Co. <br> Ltd., Class A<br>| 10400 | 70672 |
|  | Guangdong Tapai <br> Group Co. Ltd., <br> Class A<br>| 34600 | 41184 |
| \* | Guangdong TCL <br> Smart Home <br> Appliances Co. Ltd.<br>| 14400 | 22052 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guangdong Vanward <br> New Electric Co. <br> Ltd., Class A<br>| 19800 | $32159 |
|  | Guangdong Xinbao <br> Electrical <br> Appliances Holdings <br> Co. Ltd., Class A<br>| 16800 | 35722 |
| \* | Guangdong Yowant <br> Technology Group <br> Co. Ltd., Class A<br>| 27500 | 25541 |
| \* | Guangdong Zhongnan <br> Iron & Steel Co. <br> Ltd., Class A<br>| 57100 | 21534 |
|  | Guangdong <br> Zhongsheng <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 11700 | 31796 |
|  | Guanghui Energy Co. <br> Ltd., Class A<br>| 106800 | 79119 |
| \* | Guanghui Logistics <br> Co. Ltd., Class A<br>| 38800 | 43323 |
|  | Guangshen Railway <br> Co. Ltd., Class H<br>| 510000 | 149674 |
| \* | Guangxi Huaxi <br> Nonferrous Metal <br> Co. Ltd., Class A<br>| 12400 | 55998 |
|  | Guangxi Liugong <br> Machinery Co. Ltd., <br> Class A<br>| 43100 | 70536 |
|  | Guangxi LiuYao <br> Group Co. Ltd., <br> Class A<br>| 7500 | 19660 |
| \* | Guangxi Wuzhou <br> Zhongheng Group <br> Co. Ltd., Class A<br>| 101100 | 39692 |
| \* | GuangYuYuan <br> Chinese Herbal <br> Medicine Co. Ltd., <br> Class A<br>| 8500 | 22879 |
|  | Guangzhou <br> Automobile Group <br> Co. Ltd., Class H<br>| 739200 | 309943 |
|  | Guangzhou Baiyun <br> International Airport <br> Co. Ltd., Class A<br>| 22300 | 30648 |
|  | Guangzhou <br> Baiyunshan <br> Pharmaceutical <br> Holdings Co. Ltd., <br> Class H<br>| 66000 | 159106 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guangzhou <br> Development <br> Group, Inc., <br> Class A<br>| 66500 | $64218 |
| \* | Guangzhou Great <br> Power Energy & <br> Technology Co. <br> Ltd., Class A<br>| 6100 | 42868 |
|  | Guangzhou Haige <br> Communications <br> Group, Inc. Co., <br> Class A<br>| 14900 | 24515 |
|  | Guangzhou Haoyang <br> Electronic Co. Ltd., <br> Class A<br>| 2850 | 17359 |
|  | Guangzhou KDT <br> Machinery Group <br> Co. Ltd., Class A<br>| 13860 | 31931 |
|  | Guangzhou Kingmed <br> Diagnostics Group <br> Co. Ltd., Class A<br>| 9600 | 40279 |
|  | Guangzhou Lingnan <br> Group Holdings Co. <br> Ltd., Class A<br>| 13400 | 27705 |
|  | Guangzhou Port Co. <br> Ltd., Class A<br>| 49400 | 23327 |
| \* | Guangzhou R&F <br> Properties Co. Ltd., <br> Class H<br>| 135600 | 9415 |
|  | Guangzhou <br> Restaurant Group <br> Co. Ltd., Class A<br>| 13220 | 31623 |
|  | Guangzhou Shiyuan <br> Electronic <br> Technology Co. <br> Ltd., Class A<br>| 6900 | 40486 |
|  | Guangzhou Sie <br> Consulting Co. Ltd., <br> Class A<br>| 12800 | 45235 |
|  | Guangzhou Tinci <br> Materials <br> Technology Co. <br> Ltd., Class A<br>| 8200 | 45960 |
|  | Guangzhou Wondfo <br> Biotech Co. Ltd., <br> Class A<br>| 4940 | 15317 |
|  | Guangzhou Yuexiu <br> Capital Holdings <br> Group Co. Ltd., <br> Class A<br>| 42268 | 48092 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guangzhou Zhujiang <br> Brewery Co. Ltd., <br> Class A<br>| 18200 | $23997 |
|  | Guilin Layn Natural <br> Ingredients Corp., <br> Class A<br>| 22500 | 25598 |
|  | Guilin Sanjin <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 14700 | 30886 |
|  | Guizhou Chanhen <br> Chemical Corp., <br> Class A<br>| 16600 | 79672 |
|  | Guizhou Gas Group <br> Corp. Ltd., Class A<br>| 25200 | 24974 |
|  | Guizhou Panjiang <br> Refined Coal Co. <br> Ltd., Class A<br>| 65071 | 47111 |
|  | Guizhou Qianyuan <br> Power Co. Ltd., <br> Class A<br>| 10400 | 25873 |
|  | Guizhou Sanli <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 11700 | 19878 |
|  | Guizhou Tyre Co. Ltd., <br> Class A<br>| 53700 | 37662 |
|  | Guizhou Xinbang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 72400 | 38835 |
| \* | Guizhou Zhenhua <br> E-chem, Inc., <br> Class A<br>| 12348 | 25751 |
| \* | Guocheng Mining Co. <br> Ltd., Class A<br>| 10900 | 27803 |
| \* | Guoguang Electric Co. <br> Ltd., Class A<br>| 14500 | 32339 |
|  | Guoquan Food <br> Shanghai Co. Ltd., <br> Class H<br>| 195200 | 96608 |
|  | Guosen Securities Co. <br> Ltd., Class A<br>| 24600 | 48572 |
| Ω | Guotai Haitong <br> Securities Co. Ltd., <br> Class H<br>| 438472 | 840169 |
|  | Guoyuan Securities <br> Co. Ltd., Class A<br>| 42430 | 52272 |
| # | Gushengtang <br> Holdings Ltd.<br>| 52400 | 193015 |
|  | H World Group Ltd. <br> (1179 HK)<br>| 282300 | 1094657 |
|  | H World Group Ltd. <br> (HTHT US), ADR<br>| 10128 | 390941 |
| \*Ω | Haichang Ocean Park <br> Holdings Ltd.<br>| 667000 | 62774 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| #Ω | Haidilao International <br> Holding Ltd.<br>| 315000 | $519092 |
|  | Haier Smart Home <br> Co. Ltd. (600690 <br> C1), Class A<br>| 47100 | 177609 |
|  | Haier Smart Home <br> Co. Ltd. (6690 HK), <br> Class H<br>| 700399 | 2277616 |
|  | Hailir Pesticides & <br> Chemicals Group <br> Co. Ltd., Class A<br>| 5740 | 10721 |
| \* | Hainan Drinda New <br> Energy Technology <br> Co. Ltd., Class A<br>| 1500 | 8924 |
| \* | Hainan Haide Capital <br> Management Co. <br> Ltd., Class A<br>| 44660 | 47120 |
|  | Hainan Jinpan Smart <br> Technology Co. <br> Ltd., Class A<br>| 7047 | 67796 |
| \* | Hainan Meilan <br> International Airport <br> Co. Ltd., Class H<br>| 91000 | 123026 |
|  | Hainan Mining Co. <br> Ltd., Class A<br>| 36600 | 50216 |
|  | Hainan Strait Shipping <br> Co. Ltd., Class A<br>| 25000 | 47569 |
|  | Haisco <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 5700 | 45412 |
|  | Haitian International <br> Holdings Ltd.<br>| 270000 | 737785 |
| Ω | Haitong UniTrust <br> International <br> Leasing Co. Ltd., <br> Class H<br>| 492000 | 51274 |
|  | Hangcha Group Co. <br> Ltd., Class A<br>| 16296 | 65837 |
| \* | Hangjin Technology <br> Co. Ltd., Class A<br>| 8600 | 26089 |
|  | Hangxiao Steel <br> Structure Co. Ltd., <br> Class A<br>| 78900 | 30064 |
|  | Hangzhou Binjiang <br> Real Estate Group <br> Co. Ltd., Class A<br>| 27600 | 41240 |
|  | Hangzhou Chang <br> Chuan Technology <br> Co. Ltd., Class A<br>| 3200 | 37609 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Hangzhou Electronic <br> Soul Network <br> Technology Co. <br> Ltd., Class A<br>| 6100 | $16906 |
|  | Hangzhou First <br> Applied Material Co. <br> Ltd., Class A<br>| 19708 | 43500 |
|  | Hangzhou GreatStar <br> Industrial Co. Ltd.<br>| 12800 | 55473 |
|  | Hangzhou Haoyue <br> Personal Care Co. <br> Ltd., Class A<br>| 5320 | 24382 |
|  | Hangzhou Honghua <br> Digital Technology <br> Stock Co. Ltd., <br> Class A<br>| 2838 | 32644 |
|  | Hangzhou Huawang <br> New Material <br> Technology Co. <br> Ltd., Class A<br>| 16320 | 20205 |
| \* | Hangzhou Iron & <br> Steel Co., Class A<br>| 52900 | 67863 |
| \* | Hangzhou Lion <br> Microelectronics Co. <br> Ltd., Class A<br>| 6312 | 31094 |
|  | Hangzhou Onechance <br> Tech Corp., <br> Class A<br>| 5700 | 24408 |
|  | Hangzhou Oxygen <br> Plant Group Co. <br> Ltd., Class A<br>| 17800 | 69132 |
|  | Hangzhou Robam <br> Appliances Co. Ltd., <br> Class A<br>| 14300 | 39300 |
| \*Ω | Hangzhou SF <br> Intra-City Industrial <br> Co. Ltd., Class H<br>| 26800 | 43122 |
|  | Hangzhou Shunwang <br> Technology Co. <br> Ltd., Class A<br>| 15800 | 49020 |
|  | Hangzhou Silan <br> Microelectronics Co. <br> Ltd., Class A<br>| 6000 | 26871 |
|  | Hangzhou Sunrise <br> Technology Co. <br> Ltd., Class A<br>| 10100 | 22063 |
| #Ω | Hangzhou Tigermed <br> Consulting Co. Ltd. <br> (3347 HK), Class H<br>| 16900 | 101135 |
|  | Hangzhou Weiguang <br> Electronic Co. Ltd., <br> Class A<br>| 3900 | 19624 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Hangzhou Zhongtai <br> Cryogenic <br> Technology Corp., <br> Class A<br>| 12700 | $37448 |
| Ω | Hansoh <br> Pharmaceutical <br> Group Co. Ltd.<br>| 84000 | 385619 |
| \*Ω | Harbin Bank Co. Ltd., <br> Class H<br>| 702000 | 36096 |
|  | Harbin Boshi <br> Automation Co. <br> Ltd., Class A<br>| 13300 | 30201 |
|  | Harbin Electric Co. <br> Ltd., Class H<br>| 254000 | 417649 |
|  | Harbin Electric Corp. <br> Jiamusi Electric <br> Machine Co. Ltd., <br> Class A<br>| 14020 | 25558 |
| \* | Harbin Gloria <br> Pharmaceuticals <br> Co. Ltd., Class A<br>| 58300 | 27865 |
| \* | Harbin Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 50900 | 26204 |
|  | HBIS Resources Co. <br> Ltd., Class A<br>| 21000 | 55413 |
| #\*Ω | HBM Holdings Ltd. | 85000 | 147315 |
|  | Health & Happiness <br> H&H International <br> Holdings Ltd.<br>| 59000 | 91785 |
|  | Hebei Hengshui <br> Laobaigan Liquor <br> Co. Ltd., Class A<br>| 15700 | 37296 |
|  | Hebei Sinopack <br> Electronic <br> Technology Co. <br> Ltd., Class A<br>| 3080 | 24680 |
|  | Hebei Yangyuan <br> Zhihui Beverage <br> Co. Ltd., Class A<br>| 19500 | 77054 |
|  | Hefei Jianghang <br> Aircraft Equipment <br> Co. Ltd., Class A<br>| 16818 | 26262 |
|  | Hefei Meiya <br> Optoelectronic <br> Technology, Inc., <br> Class A<br>| 18240 | 52118 |
|  | Hefei Urban <br> Construction <br> Development Co. <br> Ltd., Class A<br>| 42600 | 74470 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Heilongjiang <br> Agriculture Co. Ltd., <br> Class A<br>| 24900 | $50564 |
|  | HeiLongJiang ZBD <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 14400 | 22842 |
|  | Helens International <br> Holdings Co. Ltd.<br>| 127500 | 16423 |
|  | Hello Group, Inc., <br> Sponsored ADR<br>| 48779 | 331209 |
|  | Henan Liliang <br> Diamond Co. Ltd., <br> Class A<br>| 9100 | 49162 |
|  | Henan Lingrui <br> Pharmaceutical Co., <br> Class A<br>| 16300 | 51989 |
|  | Henan Mingtai Al <br> Industrial Co. Ltd., <br> Class A<br>| 25800 | 54638 |
|  | Henan Pinggao <br> Electric Co. Ltd., <br> Class A<br>| 28200 | 70005 |
|  | Henan Shenhuo Coal <br> Industry & <br> Electricity Power <br> Co. Ltd., Class A<br>| 53200 | 184834 |
|  | Henan Shuanghui <br> Investment & <br> Development Co. <br> Ltd., Class A<br>| 18900 | 68390 |
|  | Henan Thinker <br> Automatic <br> Equipment Co. Ltd., <br> Class A<br>| 9240 | 38872 |
| \* | Henan Yicheng New <br> Energy Co. Ltd., <br> Class A<br>| 38000 | 28181 |
|  | Henan Yuguang Gold <br> & Lead Co. Ltd., <br> Class A<br>| 20400 | 35155 |
| \* | Henan Yuneng <br> Holdings Co. Ltd., <br> Class A<br>| 27500 | 23308 |
| \* | Henan Zhongfu <br> Industry Co. Ltd., <br> Class A<br>| 112200 | 107331 |
|  | Hengan International <br> Group Co. Ltd.<br>| 223000 | 781010 |
|  | Hengdian Group <br> DMEGC Magnetics <br> Co. Ltd., Class A<br>| 41600 | 123788 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Hengli Petrochemical <br> Co. Ltd., Class A<br>| 48100 | $121402 |
|  | Hengtong Logistics <br> Co. Ltd., Class A<br>| 9400 | 13100 |
|  | Hengtong <br> Optic-electric Co. <br> Ltd., Class A<br>| 31500 | 99026 |
|  | Hengyi Petrochemical <br> Co. Ltd., Class A<br>| 54250 | 51099 |
|  | Hesteel Co. Ltd., <br> Class A<br>| 207600 | 73248 |
|  | Hexing Electrical Co. <br> Ltd., Class A<br>| 8600 | 40847 |
| \* | HG Semiconductor <br> Ltd.<br>| 280000 | 17749 |
| \* | Hi Sun Technology <br> China Ltd.<br>| 819000 | 62241 |
|  | Hisense Home <br> Appliances Group <br> Co. Ltd., Class H<br>| 137000 | 404103 |
|  | Hisense Visual <br> Technology Co. <br> Ltd., Class A<br>| 18300 | 63759 |
|  | Hithink RoyalFlush <br> Information Network <br> Co. Ltd., Class A<br>| 1900 | 96900 |
|  | HLA Group Corp. Ltd., <br> Class A<br>| 84200 | 73284 |
|  | HMT Xiamen New <br> Technical Materials <br> Co. Ltd., Class A<br>| 8900 | 62640 |
| \* | HNA Technology Co. <br> Ltd., Class A<br>| 65200 | 40202 |
|  | Hongfa Technology <br> Co. Ltd., Class A<br>| 16884 | 72319 |
| \* | Honghua Group Ltd. | 457000 | 11219 |
|  | Hongli Zhihui Group <br> Co. Ltd., Class A<br>| 18300 | 19071 |
|  | Hongrun Construction <br> Group Co. Ltd., <br> Class A<br>| 36200 | 62270 |
|  | Hongta Securities Co. <br> Ltd., Class A<br>| 18450 | 22735 |
| \* | Hopson Development <br> Holdings Ltd.<br>| 413086 | 167573 |
|  | Horizon Construction <br> Development Ltd.<br>| 139554 | 20099 |
|  | Hoshine Silicon <br> Industry Co. Ltd., <br> Class A<br>| 3400 | 23704 |
|  | Hoymiles Power <br> Electronics, Inc., <br> Class A<br>| 1463 | 22023 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \*Ω | Hua Hong <br> Semiconductor Ltd., <br> Class H<br>| 224000 | $2296042 |
|  | Huaan Securities Co. <br> Ltd., Class A<br>| 67020 | 62458 |
|  | Huabao Flavours & <br> Fragrances Co. <br> Ltd., Class A<br>| 10500 | 26552 |
|  | Huabao International <br> Holdings Ltd.<br>| 172000 | 79714 |
|  | Huada Automotive <br> Technology Corp. <br> Ltd., Class A<br>| 5000 | 30667 |
|  | Huadian Heavy <br> Industries Co. Ltd., <br> Class A<br>| 33400 | 34846 |
|  | Huadian Power <br> International Corp. <br> Ltd., Class H<br>| 364000 | 214577 |
|  | Huadong Medicine <br> Co. Ltd., Class A<br>| 8200 | 47887 |
|  | Huafon Chemical Co. <br> Ltd., Class A<br>| 88800 | 112010 |
|  | Huafu Fashion Co. <br> Ltd., Class A<br>| 75800 | 50949 |
|  | Huaibei Mining <br> Holdings Co. Ltd., <br> Class A<br>| 50600 | 94454 |
| \* | Huaihe Energy Group <br> Co. Ltd., Class A<br>| 88000 | 46164 |
|  | Hualan Biological <br> Engineering, Inc., <br> Class A<br>| 10669 | 24178 |
|  | Huaming Power <br> Equipment Co. Ltd., <br> Class A<br>| 18400 | 67504 |
|  | Huaneng Power <br> International, Inc., <br> Class H<br>| 676000 | 558451 |
|  | Huangshan Novel Co. <br> Ltd., Class A<br>| 15300 | 24641 |
|  | Huangshan Tourism <br> Development Co. <br> Ltd., Class A<br>| 15500 | 24641 |
| \* | Huanxi Media Group <br> Ltd.<br>| 310000 | 12742 |
|  | Huapont Life Sciences <br> Co. Ltd., Class A<br>| 52000 | 35757 |
| #Ω | Huatai Securities Co. <br> Ltd., Class H<br>| 284200 | 714503 |
|  | Huatu Cendes Co. <br> Ltd., Class A<br>| 2940 | 27747 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Huaxi Securities Co. <br> Ltd., Class A<br>| 37200 | $52784 |
|  | Huaxia Bank Co. Ltd., <br> Class A<br>| 75900 | 72658 |
|  | Huaxin Cement Co. <br> Ltd. (6655 HK), <br> Class H<br>| 102300 | 229710 |
|  | Huayu Automotive <br> Systems Co. Ltd., <br> Class A<br>| 32551 | 93480 |
| \* | Hubei Broadcasting & <br> Television <br> Information Network <br> Co. Ltd., Class A<br>| 17600 | 14927 |
|  | Hubei Chutian Smart <br> Communication Co. <br> Ltd., Class A<br>| 32600 | 18647 |
|  | Hubei Dinglong Co. <br> Ltd., Class A<br>| 6400 | 31883 |
|  | Hubei Energy Group <br> Co. Ltd., Class A<br>| 31500 | 20942 |
|  | Hubei Huitian New <br> Materials Co. Ltd., <br> Class A<br>| 16800 | 29727 |
|  | Hubei Jumpcan <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 22800 | 80305 |
|  | Hubei Xingfa <br> Chemicals Group <br> Co. Ltd., Class A<br>| 28300 | 113635 |
|  | Hubei Yihua Chemical <br> Industry Co. Ltd., <br> Class A<br>| 26300 | 51314 |
|  | Hubei Zhenhua <br> Chemical Co. Ltd., <br> Class A<br>| 20860 | 70987 |
|  | Huishang Bank Corp. <br> Ltd., Class H<br>| 170400 | 73219 |
| #\*Ω | Huitongda Network <br> Co. Ltd., Class H<br>| 6200 | 10687 |
|  | Huizhou Desay Sv <br> Automotive Co. <br> Ltd., Class A<br>| 3800 | 63398 |
|  | Humanwell Healthcare <br> Group Co. Ltd., <br> Class A<br>| 27600 | 81974 |
|  | Hunan Aihua Group <br> Co. Ltd., Class A<br>| 11300 | 27379 |
| \* | Hunan Corun New <br> Energy Co. Ltd., <br> Class A<br>| 17000 | 17965 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Hunan Er-Kang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 51000 | $25886 |
|  | Hunan Gold Corp. <br> Ltd., Class A<br>| 14560 | 44361 |
|  | Hunan Jiudian <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 15500 | 36109 |
| \* | Hunan New Wellful <br> Co. Ltd., Class A<br>| 26000 | 22954 |
|  | Hunan TV & <br> Broadcast <br> Intermediary Co. <br> Ltd., Class A<br>| 44800 | 55996 |
|  | Hunan Valin Steel Co. <br> Ltd., Class A<br>| 83640 | 67878 |
|  | Hunan Zhongke <br> Electric Co. Ltd., <br> Class A<br>| 26900 | 97828 |
|  | Hundsun <br> Technologies, Inc., <br> Class A<br>| 4976 | 22013 |
| #\* | HUTCHMED China <br> Ltd., ADR<br>| 2921 | 42880 |
| #\* | HUTCHMED China <br> Ltd.<br>| 56000 | 167544 |
|  | HUYA, Inc., ADR | 27296 | 75064 |
| #\*Ω | Hygeia Healthcare <br> Holdings Co. Ltd.<br>| 102800 | 172717 |
| \* | Hymson Laser <br> Technology Group <br> Co. Ltd., Class A<br>| 5109 | 30918 |
| \* | Hytera <br> Communications <br> Corp. Ltd., Class A<br>| 35200 | 56980 |
| \* | HyUnion Holding Co. <br> Ltd., Class A<br>| 21900 | 27558 |
| \* | IAT Automobile <br> Technology Co. <br> Ltd., Class A<br>| 16000 | 25737 |
| \*Ω | iDreamSky <br> Technology <br> Holdings Ltd.<br>| 423600 | 45722 |
|  | IEIT Systems Co. Ltd., <br> Class A<br>| 3800 | 34809 |
|  | Iflytek Co. Ltd., <br> Class A<br>| 4200 | 32842 |
|  | IKD Co. Ltd., Class A | 28200 | 89758 |
| \*Ω | IMAX China Holding, <br> Inc.<br>| 24000 | 24708 |
|  | Imeik Technology <br> Development Co. <br> Ltd., Class A<br>| 1482 | 33332 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | IMotion Automotive <br> Technology Suzhou <br> Co. Ltd., Class H<br>| 21300 | $20480 |
|  | Industrial & <br> Commercial Bank of <br> China Ltd., Class H<br>| 4006000 | 3103845 |
|  | Industrial Bank Co. <br> Ltd., Class A<br>| 147900 | 420816 |
|  | Industrial Securities <br> Co. Ltd., Class A<br>| 56320 | 54510 |
|  | Infore Environment <br> Technology Group <br> Co. Ltd., Class A<br>| 52000 | 50336 |
| \*Ω | Ingdan, Inc. | 206000 | 74667 |
|  | Ingenic <br> Semiconductor Co. <br> Ltd., Class A<br>| 2500 | 30496 |
| \* | Inkeverse Group Ltd. | 387000 | 52090 |
| \* | INKON Life <br> Technology Co. <br> Ltd., Class A<br>| 18300 | 27402 |
|  | Inmyshow Digital <br> Technology Group <br> Co. Ltd., Class A<br>| 58200 | 50861 |
|  | Inner Mongolia <br> BaoTou Steel Union <br> Co. Ltd., Class A<br>| 306400 | 109423 |
|  | Inner Mongolia Berun <br> Chemical Co. Ltd., <br> Class A<br>| 78600 | 74661 |
|  | Inner Mongolia Dian <br> Tou Energy Corp. <br> Ltd., Class A<br>| 31100 | 110490 |
|  | Inner Mongolia <br> ERDOS Resources <br> Co. Ltd., Class A<br>| 39788 | 61885 |
| \* | Inner Mongolia Furui <br> Medical Science <br> Co. Ltd., Class A<br>| 3600 | 36904 |
|  | Inner Mongolia <br> Junzheng Energy & <br> Chemical Industry <br> Group Co. Ltd., <br> Class A<br>| 87300 | 63441 |
|  | Inner Mongolia <br> MengDian HuaNeng <br> Thermal Power <br> Corp. Ltd., Class A<br>| 61600 | 37064 |
|  | Inner Mongolia Xingye <br> Silver&Tin Mining <br> Co. Ltd., Class A<br>| 16900 | 72499 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Inner Mongolia Yili <br> Industrial Group Co. <br> Ltd., Class A<br>| 37900 | $146114 |
| \*Ω | InnoCare Pharma <br> Ltd., Class H<br>| 72000 | 131989 |
| \*Ω | Innovent Biologics, <br> Inc.<br>| 37000 | 415051 |
|  | Innuovo Technology <br> Co. Ltd., Class A<br>| 19000 | 28356 |
| \* | Insigma Technology <br> Co. Ltd., Class A<br>| 21100 | 31697 |
|  | Inspur Digital <br> Enterprise <br> Technology Ltd.<br>| 132000 | 133558 |
|  | Intco Medical <br> Technology Co. <br> Ltd., Class A<br>| 13300 | 73918 |
|  | Intron Technology <br> Holdings Ltd.<br>| 53000 | 14114 |
| #\* | iQIYI, Inc., ADR | 153605 | 354828 |
|  | iRay Group, Class A | 2066 | 31534 |
|  | IReader Technology <br> Co. Ltd., Class A<br>| 7700 | 22497 |
| \* | IRICO Display <br> Devices Co. Ltd., <br> Class A<br>| 60400 | 49768 |
| \* | IVD Medical Holding <br> Ltd.<br>| 19000 | 17092 |
| \* | J&T Global Express <br> Ltd.<br>| 613200 | 786812 |
| \* | JA Solar Technology <br> Co. Ltd., Class A<br>| 23760 | 47013 |
|  | Jade Bird Fire Co. <br> Ltd., Class A<br>| 30084 | 47348 |
|  | Jafron Biomedical Co. <br> Ltd., Class A<br>| 6400 | 18337 |
|  | Jangho Group Co. <br> Ltd., Class A<br>| 34800 | 37920 |
|  | Jason Furniture <br> Hangzhou Co. Ltd., <br> Class A<br>| 17100 | 74053 |
|  | JCET Group Co. Ltd., <br> Class A<br>| 16300 | 91752 |
|  | JCHX Mining <br> Management Co. <br> Ltd., Class A<br>| 6900 | 63418 |
| \*Ω | JD Health <br> International, Inc.<br>| 157350 | 1228265 |
| \*Ω | JD Logistics, Inc. | 650900 | 1061099 |
|  | JD.com, Inc. (9618 <br> HK), Class A<br>| 381807 | 6303624 |
|  | Jia Yao Holdings Ltd. | 20000 | 7470 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiajiayue Group Co. <br> Ltd., Class A<br>| 26300 | $39760 |
|  | Jiang Su Suyan <br> Jingshen Co. Ltd., <br> Class A<br>| 29900 | 45219 |
|  | Jiangling Motors Corp. <br> Ltd., Class A<br>| 9800 | 27668 |
|  | Jiangsu Asia-Pacific <br> Light Alloy <br> Technology Co. <br> Ltd., Class A<br>| 32000 | 29960 |
|  | Jiangsu Azure Corp., <br> Class A<br>| 20400 | 55089 |
|  | Jiangsu Bojun <br> Industrial <br> Technology Co. <br> Ltd., Class A<br>| 9250 | 46099 |
|  | Jiangsu Broadcasting <br> Cable Information <br> Network Corp. Ltd., <br> Class A<br>| 102300 | 52744 |
|  | Jiangsu Changshu <br> Automotive Trim <br> Group Co. Ltd., <br> Class A<br>| 8000 | 19269 |
|  | Jiangsu Changshu <br> Rural Commercial <br> Bank Co. Ltd., <br> Class A<br>| 79618 | 78944 |
| \* | Jiangsu Dagang Co. <br> Ltd., Class A<br>| 10800 | 25830 |
|  | Jiangsu Dingsheng <br> New Energy <br> Materials Co. Ltd., <br> Class A<br>| 29060 | 52280 |
| \* | Jiangsu Eastern <br> Shenghong Co. <br> Ltd., Class A<br>| 6600 | 8581 |
|  | Jiangsu Expressway <br> Co. Ltd., Class H<br>| 202000 | 245852 |
|  | Jiangsu Financial <br> Leasing Co. Ltd., <br> Class A<br>| 143900 | 123431 |
| \* | Jiangsu General <br> Science Technology <br> Co. Ltd., Class A<br>| 48800 | 30456 |
|  | Jiangsu Gian <br> Technology Co. <br> Ltd., Class A<br>| 5500 | 37080 |
|  | Jiangsu Guomao <br> Reducer Co. Ltd., <br> Class A<br>| 15220 | 34954 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangsu Guotai <br> International Group <br> Co. Ltd., Class A<br>| 47900 | $62891 |
|  | Jiangsu Guoxin Corp. <br> Ltd., Class A<br>| 22900 | 26494 |
|  | Jiangsu Haili Wind <br> Power Equipment <br> Technology Co. <br> Ltd., Class A<br>| 4200 | 50458 |
|  | Jiangsu Hengli <br> Hydraulic Co. Ltd., <br> Class A<br>| 5717 | 77215 |
|  | Jiangsu Hengrui <br> Pharmaceuticals <br> Co. Ltd., Class A<br>| 8533 | 76872 |
|  | Jiangsu Hongdou <br> Industrial Co. Ltd., <br> Class A<br>| 74100 | 27045 |
|  | Jiangsu Hongtian <br> Technology Co. <br> Ltd., Class A<br>| 5700 | 42016 |
|  | Jiangsu Huachang <br> Chemical Co. Ltd., <br> Class A<br>| 17700 | 15572 |
|  | Jiangsu Jiangyin Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 72583 | 48483 |
|  | Jiangsu Jiejie <br> Microelectronics Co. <br> Ltd., Class A<br>| 7400 | 30005 |
| \* | Jiangsu Kanion <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 14200 | 29850 |
|  | Jiangsu King's Luck <br> Brewery JSC Ltd., <br> Class A<br>| 7987 | 43575 |
|  | Jiangsu Leili Motor <br> Co. Ltd., Class A<br>| 9520 | 73358 |
|  | Jiangsu Lianyungang <br> Port Co. Ltd., <br> Class A<br>| 19500 | 15749 |
|  | Jiangsu Lihua Foods <br> Group Co. Ltd.<br>| 22875 | 67335 |
|  | Jiangsu Linyang <br> Energy Co. Ltd., <br> Class A<br>| 45100 | 37034 |
| \* | Jiangsu Lopal Tech <br> Group Co. Ltd., <br> Class A<br>| 13900 | 34876 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangsu Nata <br> Opto-electronic <br> Material Co. Ltd., <br> Class A<br>| 9840 | $54690 |
|  | Jiangsu Nhwa <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 18500 | 65488 |
|  | Jiangsu Pacific Quartz <br> Co. Ltd., Class A<br>| 8850 | 51330 |
|  | Jiangsu Phoenix <br> Publishing & Media <br> Corp. Ltd., Class A<br>| 34800 | 49300 |
|  | Jiangsu Provincial <br> Agricultural <br> Reclamation & <br> Development Corp., <br> Class A<br>| 30300 | 39619 |
|  | Jiangsu Shagang Co. <br> Ltd., Class A<br>| 28700 | 23329 |
|  | Jiangsu Shemar <br> Electric Co. Ltd., <br> Class A<br>| 7300 | 39776 |
|  | Jiangsu Shentong <br> Valve Co. Ltd., <br> Class A<br>| 12900 | 25235 |
|  | Jiangsu Sidike New <br> Material Science & <br> Technology Co. Ltd. <br> (300806 C2), <br> Class A<br>| 12600 | 47883 |
|  | Jiangsu Sidike New <br> Material Science & <br> Technology Co. Ltd. <br> (300806 CH), <br> Class A<br>| 4480 | 17025 |
|  | Jiangsu Soho High <br> Hope Group Corp., <br> Class A<br>| 59400 | 23718 |
| \* | Jiangsu Sopo <br> Chemical Co., <br> Class A<br>| 19000 | 19357 |
|  | Jiangsu Suzhou Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 40040 | 29159 |
|  | Jiangsu ToLand Alloy <br> Co. Ltd., Class A<br>| 7760 | 29884 |
|  | Jiangsu Tongrun <br> Equipment <br> Technology Co. <br> Ltd., Class A<br>| 11200 | 31728 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangsu Xinquan <br> Automotive Trim <br> Co. Ltd., Class A<br>| 7600 | $82618 |
|  | Jiangsu Yanghe <br> Distillery Co. Ltd., <br> Class A<br>| 5400 | 53745 |
|  | Jiangsu Yangnong <br> Chemical Co. Ltd., <br> Class A<br>| 5690 | 51985 |
|  | Jiangsu Yoke <br> Technology Co. <br> Ltd., Class A<br>| 2400 | 26067 |
|  | Jiangsu Yuyue <br> Medical Equipment <br> & Supply Co. Ltd., <br> Class A<br>| 10900 | 55199 |
|  | Jiangsu Zhangjiagang <br> Rural Commercial <br> Bank Co. Ltd., <br> Class A<br>| 85720 | 53469 |
|  | Jiangsu Zhongtian <br> Technology Co. <br> Ltd., Class A<br>| 20900 | 49768 |
|  | Jiangsu Zijin Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 118800 | 47234 |
|  | Jiangxi Bank Co. Ltd., <br> Class H<br>| 33500 | 2974 |
| \* | Jiangxi Black Cat <br> Carbon Black Co. <br> Ltd., Class A<br>| 13200 | 18503 |
|  | Jiangxi Copper Co. <br> Ltd., Class H<br>| 345000 | 1439492 |
| \* | Jiangxi Fushine <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 12700 | 18603 |
|  | Jiangxi Ganneng Co. <br> Ltd., Class A<br>| 19600 | 29532 |
|  | Jiangxi Ganyue <br> Expressway Co. <br> Ltd., Class A<br>| 52900 | 39778 |
|  | Jiangxi Guotai Group <br> Co. Ltd., Class A<br>| 15500 | 28229 |
|  | Jiangxi <br> Huangshanghuang <br> Group Food Co. <br> Ltd., Class A<br>| 13500 | 24129 |
|  | Jiangxi Xinyu Guoke <br> Technology Co. <br> Ltd., Class A<br>| 7200 | 32176 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangyin Haida <br> Rubber & Plastic <br> Co. Ltd., Class A<br>| 13700 | $19250 |
| \* | Jiangyin Hengrun <br> Heavy Industries <br> Co. Ltd., Class A<br>| 8600 | 19709 |
|  | Jiangyin Jianghua <br> Microelectronics <br> Materials Co. Ltd., <br> Class A<br>| 5800 | 15160 |
|  | Jiangzhong <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 16900 | 50792 |
|  | Jianmin <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 3400 | 18840 |
|  | Jiaozuo Wanfang <br> Aluminum <br> Manufacturing Co. <br> Ltd., Class A<br>| 36500 | 52680 |
|  | Jiayin Group, Inc., <br> ADR<br>| 750 | 7088 |
|  | Jiayou International <br> Logistics Co. Ltd., <br> Class A<br>| 25200 | 49747 |
| \* | Jihua Group Corp. <br> Ltd., Class A<br>| 82900 | 42078 |
|  | Jilin Aodong <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 14400 | 43473 |
| \* | Jilin Chemical Fibre, <br> Class A<br>| 45300 | 26001 |
|  | Jilin Electric Power <br> Co. Ltd., Class A<br>| 44000 | 36248 |
|  | Jilin OLED Material <br> Tech Co. Ltd., <br> Class A<br>| 7018 | 28610 |
| #\*†† | Jinchuan Group <br> International <br> Resources Co. Ltd.<br>| 653000 | 20168 |
|  | Jinduicheng <br> Molybdenum Co. <br> Ltd., Class A<br>| 77100 | 162857 |
|  | Jinghua <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 20700 | 21821 |
|  | Jingjin Equipment, <br> Inc., Class A<br>| 15800 | 33875 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jinhong Gas Co. Ltd., <br> Class A<br>| 6719 | $19151 |
|  | Jinhui Liquor Co. Ltd., <br> Class A<br>| 8000 | 22363 |
| \* | Jinke Smart Services <br> Group Co. Ltd., <br> Class H<br>| 62200 | 54991 |
| # | JinkoSolar Holding <br> Co. Ltd., ADR<br>| 12176 | 305739 |
|  | Jinlei Technology Co. <br> Ltd., Class A<br>| 8500 | 35017 |
|  | Jinlongyu Group Co. <br> Ltd., Class A<br>| 11300 | 49153 |
|  | Jinmao Property <br> Services Co. Ltd.<br>| 59120 | 21263 |
|  | Jinneng Holding <br> Shanxi Coal <br> Industry Co. Ltd., <br> Class A<br>| 41400 | 87521 |
| \* | Jinneng Holding <br> Shanxi Electric <br> Power Co. Ltd., <br> Class A<br>| 33900 | 14106 |
|  | Jinneng <br> Science&Technology <br> Co. Ltd., Class A<br>| 32000 | 28236 |
| #\*Ω | Jinxin Fertility Group <br> Ltd.<br>| 858000 | 271408 |
|  | Jinyu Bio-Technology <br> Co. Ltd., Class A<br>| 24900 | 37744 |
|  | JiuGui Liquor Co. Ltd., <br> Class A<br>| 3900 | 34870 |
| Ω | Jiumaojiu International <br> Holdings Ltd.<br>| 313000 | 71286 |
|  | Jizhong Energy <br> Resources Co. Ltd., <br> Class A<br>| 110900 | 95569 |
| # | JL Mag Rare-Earth <br> Co. Ltd. (6680 HK), <br> Class H<br>| 16000 | 47187 |
|  | JNBY Design Ltd. | 88500 | 205280 |
|  | Joincare <br> Pharmaceutical <br> Group Industry Co. <br> Ltd., Class A<br>| 40200 | 68722 |
|  | Joinn Laboratories <br> China Co. Ltd., <br> Class A<br>| 14624 | 75914 |
| Ω | Joinn Laboratories <br> China Co. Ltd., <br> Class H<br>| 10200 | 28169 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jointo Energy <br> Investment Co. Ltd. <br> Hebei, Class A<br>| 23500 | $30126 |
|  | Jointown <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 46480 | 33319 |
| \* | Jolywood Suzhou <br> Sunwatt Co. Ltd., <br> Class A<br>| 28200 | 24102 |
|  | Jones Tech PLC, <br> Class A<br>| 7400 | 47964 |
|  | Jonjee Hi-Tech <br> Industrial & <br> Commercial Holding <br> Co. Ltd., Class A<br>| 14900 | 38167 |
| \* | Joy City Property Ltd. | 1532000 | 116332 |
|  | JS Corrugating <br> Machinery Co. Ltd., <br> Class A<br>| 14500 | 25496 |
| \*Ω | JS Global Lifestyle <br> Co. Ltd.<br>| 285000 | 65303 |
|  | JSTI Group, Class A | 30744 | 36393 |
| \* | Ju Teng International <br> Holdings Ltd.<br>| 328000 | 76398 |
|  | Juneyao Airlines Co. <br> Ltd., Class A<br>| 23700 | 43173 |
| \*Ω | JW Cayman <br> Therapeutics Co. <br> Ltd.<br>| 105500 | 47354 |
|  | Kailuan Energy <br> Chemical Co. Ltd., <br> Class A<br>| 35000 | 32125 |
|  | Kaishan Group Co. <br> Ltd., Class A<br>| 28700 | 64697 |
|  | Kangji Medical <br> Holdings Ltd.<br>| 125000 | 144758 |
| \* | KBC Corp. Ltd., <br> Class A<br>| 2693 | 11931 |
|  | Keboda Technology <br> Co. Ltd., Class A<br>| 4500 | 49068 |
|  | Keda Industrial Group <br> Co. Ltd., Class A<br>| 43500 | 80149 |
|  | KEDE Numerical <br> Control Co. Ltd., <br> Class A<br>| 3006 | 27027 |
|  | Kehua Data Co. Ltd., <br> Class A<br>| 5700 | 43800 |
|  | Keshun Waterproof <br> Technologies Co. <br> Ltd., Class A<br>| 47500 | 33384 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Kidswant Children <br> Products Co. Ltd., <br> Class A<br>| 34500 | $52274 |
| # | Kinetic Development <br> Group Ltd.<br>| 826000 | 155238 |
|  | Kingboard Holdings <br> Ltd.<br>| 269500 | 965573 |
|  | Kingboard Laminates <br> Holdings Ltd.<br>| 322000 | 539097 |
|  | KingClean Electric Co. <br> Ltd., Class A<br>| 9180 | 33062 |
|  | Kingfa Sci & Tech Co. <br> Ltd., Class A<br>| 15000 | 42649 |
|  | Kingnet Network Co. <br> Ltd., Class A<br>| 25800 | 86362 |
|  | Kingsoft Corp. Ltd. | 182000 | 793362 |
|  | Konfoong Materials <br> International Co. <br> Ltd., Class A<br>| 3000 | 39632 |
|  | KPC Pharmaceuticals, <br> Inc., Class A<br>| 12100 | 23147 |
|  | Kuaijishan Shaoxing <br> Wine Co. Ltd., <br> Class A<br>| 15700 | 48928 |
| Ω | Kuaishou Technology | 525800 | 4881703 |
|  | Kuangda Technology <br> Group Co. Ltd., <br> Class A<br>| 43400 | 37830 |
|  | Kunlun Energy Co. <br> Ltd.<br>| 1426000 | 1310759 |
|  | Kunshan Huguang <br> Auto Harness Co. <br> Ltd., Class A<br>| 7100 | 31910 |
|  | Kunshan Kinglai <br> Hygienic Materials <br> Co. Ltd., Class A<br>| 7920 | 68238 |
| \* | Kunwu Jiuding <br> Investment Holdings <br> Co. Ltd., Class A<br>| 11200 | 29621 |
|  | Kweichow Moutai Co. <br> Ltd., Class A<br>| 6038 | 1214536 |
|  | Lakala Payment Co. <br> Ltd., Class A<br>| 13300 | 44986 |
|  | Lancy Co. Ltd., <br> Class A<br>| 9300 | 25738 |
| \* | Lanzhou LS Heavy <br> Equipment Co. Ltd., <br> Class A<br>| 35900 | 43952 |
|  | Lao Feng Xiang Co. <br> Ltd., Class A<br>| 6800 | 46081 |
|  | Laobaixing Pharmacy <br> Chain JSC, <br> Class A<br>| 23663 | 55205 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Launch Tech Co. Ltd., <br> Class H<br>| 40500 | $45812 |
|  | LB Group Co. Ltd., <br> Class A<br>| 36700 | 95024 |
|  | LC Logistics, Inc. | 15000 | 12068 |
|  | Lee & Man Chemical <br> Co. Ltd.<br>| 62000 | 37599 |
| # | Lee & Man Paper <br> Manufacturing Ltd.<br>| 398000 | 140675 |
|  | Lee's Pharmaceutical <br> Holdings Ltd.<br>| 149500 | 36733 |
| \*Ω | Legend Holdings <br> Corp., Class H<br>| 177600 | 229557 |
|  | Lenovo Group Ltd. | 2596000 | 3787170 |
|  | Lens Technology Co. <br> Ltd., Class A<br>| 60400 | 249669 |
|  | Leoch International <br> Technology Ltd.<br>| 62000 | 11410 |
|  | Lepu Medical <br> Technology Beijing <br> Co. Ltd., Class A<br>| 14800 | 37706 |
|  | Leshan Giantstar <br> Farming & <br> Husbandry Corp. <br> Ltd., Class A<br>| 9200 | 23740 |
|  | Levima Advanced <br> Materials Corp., <br> Class A<br>| 15700 | 44144 |
|  | LexinFintech Holdings <br> Ltd., ADR<br>| 38480 | 185474 |
|  | Leyard Optoelectronic <br> Co. Ltd., Class A<br>| 43500 | 42047 |
| \* | Li Auto, Inc. (2015 <br> HK), Class A<br>| 117200 | 1216193 |
| #\* | Li Auto, Inc. (LI US), <br> ADR<br>| 857 | 17868 |
|  | Li Ning Co. Ltd. | 764500 | 1662188 |
|  | Lianhe Chemical <br> Technology Co. <br> Ltd., Class A<br>| 30100 | 50057 |
| \* | Liao Ning <br> Oxiranchem, Inc. <br> (300082 CH), <br> Class A<br>| 9800 | 12038 |
|  | Liaoning Cheng Da <br> Co. Ltd., Class A<br>| 34800 | 62381 |
|  | Liaoning Port Co. Ltd., <br> Class H<br>| 134000 | 15684 |
|  | Lier Chemical Co. <br> Ltd., Class A<br>| 27380 | 48830 |
| \* | Lifetech Scientific <br> Corp.<br>| 552000 | 142915 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Lijiang Yulong Tourism <br> Co. Ltd., Class A<br>| 18100 | $22190 |
|  | Lingbao Gold Group <br> Co. Ltd., Class H<br>| 140000 | 293064 |
|  | Lingyi iTech <br> Guangdong Co., <br> Class A<br>| 42100 | 92454 |
| Ω | Linklogis, Inc., <br> Class B<br>| 315000 | 129511 |
| \* | Liuzhou Iron & Steel <br> Co. Ltd., Class A<br>| 44400 | 33721 |
|  | Livzon Pharmaceutical <br> Group, Inc., <br> Class H<br>| 50471 | 202983 |
|  | Lizhong Sitong Light <br> Alloys Group Co. <br> Ltd., Class A<br>| 11700 | 40200 |
| # | LK Technology <br> Holdings Ltd.<br>| 142250 | 67510 |
|  | Loncin Motor Co. Ltd., <br> Class A<br>| 22197 | 42494 |
| #Ω | Longfor Group <br> Holdings Ltd.<br>| 716783 | 885394 |
|  | Longhua Technology <br> Group Luoyang Co. <br> Ltd., Class A<br>| 10400 | 12304 |
| \* | LONGi Green Energy <br> Technology Co. <br> Ltd., Class A<br>| 33744 | 100102 |
|  | Longshine Technology <br> Group Co. Ltd., <br> Class A<br>| 7600 | 19107 |
|  | Lonking Holdings Ltd. | 809000 | 322475 |
| \* | Lotus Holdings Co. <br> Ltd.<br>| 47900 | 38595 |
|  | Lucky Harvest Co. <br> Ltd., Class A<br>| 7410 | 41992 |
|  | Luenmei Quantum Co. <br> Ltd., Class A<br>| 47808 | 59174 |
|  | Luoniushan Co. Ltd., <br> Class A<br>| 26700 | 27542 |
|  | Luoyang Xinqianglian <br> Slewing Bearing <br> Co. Ltd., Class A<br>| 14300 | 106151 |
|  | Lushang Freda <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 22600 | 24725 |
|  | Luxi Chemical Group <br> Co. Ltd., Class A<br>| 47000 | 89061 |
|  | Luxin Venture Capital <br> Group Co. Ltd., <br> Class A<br>| 12200 | 25085 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Luxshare Precision <br> Industry Co. Ltd., <br> Class A<br>| 37949 | $336208 |
|  | Luyang Energy-Saving <br> Materials Co. Ltd.<br>| 21000 | 35018 |
| \*Ω | Luye Pharma Group <br> Ltd.<br>| 678500 | 274893 |
|  | Luzhou Laojiao Co. <br> Ltd., Class A<br>| 9000 | 170153 |
|  | Lygend Resources & <br> Technology Co. <br> Ltd.-H, Class H<br>| 15800 | 48302 |
| \* | Maanshan Iron & <br> Steel Co. Ltd., <br> Class H<br>| 452000 | 148378 |
|  | Maccura <br> Biotechnology Co. <br> Ltd., Class A<br>| 16300 | 26805 |
| \* | Malion New Materials <br> Co. Ltd., Class A<br>| 19800 | 30689 |
|  | Mango Excellent <br> Media Co. Ltd., <br> Class A<br>| 20602 | 85334 |
| #Ω | Maoyan <br> Entertainment<br>| 155118 | 132666 |
|  | Maxscend <br> Microelectronics Co. <br> Ltd., Class A<br>| 1700 | 17838 |
|  | Maxvision Technology <br> Corp., Class A<br>| 6800 | 28207 |
|  | Mayinglong <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 6400 | 25385 |
| Ω | Medlive Technology <br> Co. Ltd.<br>| 50500 | 68463 |
|  | Mehow Innovative <br> Ltd., Class A<br>| 7000 | 23097 |
|  | Meihua Holdings <br> Group Co. Ltd., <br> Class A<br>| 65600 | 102992 |
|  | Meinian Onehealth <br> Healthcare Holdings <br> Co. Ltd., Class A<br>| 76900 | 60804 |
| Ω | Meitu, Inc. | 301500 | 334844 |
| \*Ω | Meituan, Class B | 623420 | 8205923 |
|  | Mesnac Co. Ltd., <br> Class A<br>| 30300 | 36759 |
|  | Metallurgical Corp. of <br> China Ltd., Class H<br>| 785000 | 239210 |
|  | M-Grass Ecology & <br> Environment Group <br> Co. Ltd., Class A<br>| 42200 | 24717 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \*Ω | Microport Cardioflow <br> Medtech Corp.<br>| 238000 | $36571 |
| # | MicroPort <br> NeuroScientific <br> Corp.<br>| 56428 | 85725 |
| #\* | Microport Scientific <br> Corp.<br>| 153200 | 239088 |
|  | Micro-Tech Nanjing <br> Co. Ltd., Class A<br>| 2291 | 26675 |
|  | Midea Group Co. Ltd., <br> Class A<br>| 27500 | 295402 |
| Ω | Midea Real Estate <br> Holding Ltd.<br>| 92800 | 56975 |
|  | Milkyway Intelligent <br> Supply Chain <br> Service Group Co. <br> Ltd., Class A<br>| 5800 | 48483 |
|  | Ming Yang Smart <br> Energy Group Ltd., <br> Class A<br>| 21700 | 46190 |
| # | Ming Yuan Cloud <br> Group Holdings <br> Ltd.<br>| 310000 | 131667 |
| \* | Mingfa Group <br> International Co. <br> Ltd.<br>| 299000 | 4690 |
|  | MINISO Group <br> Holding Ltd.<br>| 149200 | 797725 |
|  | Minmetals Capital Co. <br> Ltd., Class A<br>| 38000 | 31635 |
| \* | Minmetals <br> Development Co. <br> Ltd., Class A<br>| 25100 | 32273 |
|  | Minth Group Ltd. | 242000 | 1073831 |
|  | MLS Co. Ltd., <br> Class A<br>| 42600 | 52216 |
| \* | MMG Ltd. | 1775200 | 1575405 |
| \*Ω | Mobvista, Inc. | 213000 | 488862 |
|  | Montage Technology <br> Co. Ltd., Class A<br>| 2343 | 44908 |
|  | Moon Environment <br> Technology Co. <br> Ltd., Class A<br>| 30420 | 60769 |
| # | Morimatsu <br> International <br> Holdings Co. Ltd.<br>| 99000 | 126744 |
|  | Motic Xiamen Electric <br> Group Co. Ltd., <br> Class A<br>| 9400 | 23226 |
| \* | Mount Everest Gold <br> Group Co. Ltd.<br>| 12000 | 2839 |
|  | Muyuan Foods Co. <br> Ltd., Class A<br>| 14967 | 105922 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | MYS Group Co. Ltd., <br> Class A<br>| 22300 | $13551 |
|  | Nancal Technology <br> Co. Ltd., Class A<br>| 3800 | 25004 |
|  | Nanjing Cosmos <br> Chemical Co. Ltd., <br> Class A<br>| 12180 | 23539 |
|  | Nanjing Hanrui Cobalt <br> Co. Ltd., Class A<br>| 7300 | 50960 |
|  | Nanjing Iron & Steel <br> Co. Ltd., Class A<br>| 119200 | 87988 |
|  | Nanjing King-Friend <br> Biochemical <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 13100 | 18501 |
|  | Nanjing <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 38500 | 27378 |
|  | Nanjing Securities Co. <br> Ltd., Class A<br>| 25800 | 30723 |
| \* | Nanjing Tanker Corp., <br> Class A<br>| 126900 | 58287 |
|  | Nanjing Xinjiekou <br> Department Store <br> Co. Ltd., Class A<br>| 30600 | 32279 |
|  | Nantong Jianghai <br> Capacitor Co. Ltd., <br> Class A<br>| 18900 | 75864 |
|  | Nantong Jiangshan <br> Agrochemical & <br> Chemical LLC, <br> Class A<br>| 9000 | 30257 |
|  | NARI Technology Co. <br> Ltd., Class A<br>| 46532 | 158550 |
|  | NAURA Technology <br> Group Co. Ltd., <br> Class A<br>| 1755 | 100411 |
| \* | NavInfo Co. Ltd., <br> Class A<br>| 31400 | 39717 |
| \* | Nayuki Holdings Ltd. | 161500 | 24321 |
|  | NBTM New Materials <br> Group Co. Ltd., <br> Class A<br>| 12900 | 54538 |
|  | NetDragon Websoft <br> Holdings Ltd.<br>| 84000 | 131226 |
| \*Ω | NetEase Cloud Music, <br> Inc.<br>| 9250 | 287223 |
|  | NetEase, Inc. (NTES <br> US), ADR<br>| 41035 | 5749004 |
|  | Neusoft Corp., <br> Class A<br>| 18600 | 27513 |
|  | Neutech Group Ltd. | 32000 | 10495 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | New China Life <br> Insurance Co. Ltd., <br> Class H<br>| 322000 | $2034914 |
|  | New Guomai Digital <br> Culture Co. Ltd., <br> Class A<br>| 13200 | 25854 |
|  | New Hope Dairy Co. <br> Ltd., Class A<br>| 8800 | 21524 |
|  | New Hope Liuhe Co. <br> Ltd., Class A<br>| 13100 | 17919 |
| \* | New Journey Health <br> Technology Group <br> Co. Ltd., Class A<br>| 59000 | 18569 |
|  | New Trend <br> International <br> Logis-Tech Co. Ltd., <br> Class A<br>| 12200 | 21758 |
|  | Neway Valve Suzhou <br> Co. Ltd., Class A<br>| 16500 | 121765 |
| \* | Newborn Town, Inc. | 138000 | 187604 |
|  | Newland Digital <br> Technology Co. <br> Ltd., Class A<br>| 17900 | 69323 |
|  | Nexteer Automotive <br> Group Ltd.<br>| 302000 | 261789 |
| \* | Nine Dragons Paper <br> Holdings Ltd.<br>| 507000 | 363154 |
|  | Ningbo Boway Alloy <br> Material Co. Ltd., <br> Class A<br>| 20600 | 63306 |
| \* | Ningbo Changhong <br> Polymer Scientific & <br> Technical, Inc., <br> Class A<br>| 12700 | 33650 |
|  | Ningbo Haitian <br> Precision Machinery <br> Co. Ltd., Class A<br>| 12700 | 36964 |
|  | Ningbo Huaxiang <br> Electronic Co. Ltd., <br> Class A<br>| 21900 | 102107 |
| \* | Ningbo Jifeng Auto <br> Parts Co. Ltd., <br> Class A<br>| 28300 | 55261 |
|  | Ningbo Jintian Copper <br> Group Co. Ltd., <br> Class A<br>| 37300 | 60653 |
|  | Ningbo Joyson <br> Electronic Corp., <br> Class A<br>| 27600 | 123732 |
|  | Ningbo Orient Wires & <br> Cables Co. Ltd., <br> Class A<br>| 11200 | 98684 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Ningbo Peacebird <br> Fashion Co. Ltd., <br> Class A<br>| 11900 | $23954 |
|  | Ningbo Ronbay New <br> Energy Technology <br> Co. Ltd., Class A<br>| 13117 | 51485 |
|  | Ningbo Sanxing <br> Medical Electric Co. <br> Ltd., Class A<br>| 8700 | 27399 |
| \* | Ningbo Shanshan Co. <br> Ltd., Class A<br>| 42500 | 82133 |
|  | Ningbo Sunrise Elc <br> Technology Co. <br> Ltd., Class A<br>| 9000 | 23242 |
|  | Ningbo Tuopu Group <br> Co. Ltd., Class A<br>| 10140 | 105781 |
|  | Ningbo Xusheng <br> Group Co. Ltd., <br> Class A<br>| 20388 | 43159 |
|  | Ningbo Yongxin Optics <br> Co. Ltd., Class A<br>| 1100 | 15844 |
|  | Ningbo Yunsheng Co. <br> Ltd., Class A<br>| 34900 | 70001 |
|  | Ningbo Zhoushan Port <br> Co. Ltd., Class A<br>| 42100 | 22232 |
|  | Ningxia Baofeng <br> Energy Group Co. <br> Ltd., Class A<br>| 49600 | 128628 |
|  | Ningxia Building <br> Materials Group Co. <br> Ltd., Class A<br>| 10300 | 19459 |
|  | Ningxia Western <br> Venture Industrial <br> Co. Ltd., Class A<br>| 34700 | 25153 |
| \* | NIO, Inc., Class A | 127740 | 923627 |
| #\* | Niu Technologies, <br> Sponsored ADR<br>| 5614 | 23579 |
|  | NKY Medical Holdings <br> Ltd., Class A<br>| 10200 | 23788 |
|  | Noah Holdings Ltd., <br> Sponsored ADR<br>| 14753 | 166561 |
| Ω | Nongfu Spring Co. <br> Ltd., Class H<br>| 258400 | 1717727 |
|  | Norinco International <br> Cooperation Ltd., <br> Class A<br>| 25280 | 39729 |
|  | North China <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 51500 | 43454 |
|  | North Copper Co. <br> Ltd., Class A<br>| 34500 | 76259 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | North Huajin Chemical <br> Industries Co. Ltd., <br> Class A<br>| 47400 | $33859 |
| \* | North Industries <br> Group Red Arrow <br> Co. Ltd., Class A<br>| 6900 | 17826 |
|  | Northeast <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 65374 | 50982 |
|  | Northeast Securities <br> Co. Ltd., Class A<br>| 36500 | 46612 |
|  | Northking Information <br> Technology Co. <br> Ltd., Class A<br>| 16133 | 48352 |
| #\* | NovaBridge <br> Biosciences, <br> Sponsored ADR<br>| 14442 | 71488 |
|  | Novoray Corp., <br> Class A<br>| 4244 | 37945 |
| \* | NSFOCUS <br> Technologies Group <br> Co. Ltd., Class A<br>| 16100 | 18763 |
| \* | Nuode New Materials <br> Co. Ltd., Class A<br>| 36100 | 35937 |
|  | NYOCOR Co. Ltd., <br> Class A<br>| 31100 | 24393 |
| \*Ω | Ocumension <br> Therapeutics<br>| 68000 | 72859 |
| \* | Offcn Education <br> Technology Co. <br> Ltd., Class A<br>| 121700 | 46536 |
|  | Offshore Oil <br> Engineering Co. <br> Ltd., Class A<br>| 83400 | 63864 |
| \* | OFILM Group Co. <br> Ltd., Class A<br>| 25500 | 44241 |
|  | Olympic Circuit <br> Technology Co. <br> Ltd., Class A<br>| 6400 | 37445 |
|  | OmniVision Integrated <br> Circuits Group, Inc.<br>| 3000 | 55119 |
|  | Onewo, Inc., Class H | 63100 | 181289 |
|  | Oppein Home Group, <br> Inc., Class A<br>| 8400 | 63179 |
|  | Opple Lighting Co. <br> Ltd., Class A<br>| 10400 | 25432 |
|  | ORG Technology Co. <br> Ltd., Class A<br>| 22184 | 18773 |
|  | Orient International <br> Enterprise Ltd., <br> Class A<br>| 27900 | 32793 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Orient Overseas <br> International Ltd.<br>| 43000 | $744155 |
| Ω | Orient Securities Co. <br> Ltd., Class H<br>| 206800 | 192693 |
| \* | Oriental Energy Co. <br> Ltd., Class A<br>| 38900 | 44975 |
|  | Oriental Pearl Group <br> Co. Ltd., Class A<br>| 31900 | 43549 |
|  | Ovctek China, Inc., <br> Class A<br>| 18180 | 42587 |
|  | Pacific Shuanglin <br> Bio-pharmacy Co. <br> Ltd., Class A<br>| 18460 | 40872 |
| \* | Pangang Group <br> Vanadium Titanium <br> & Resources Co. <br> Ltd., Class A<br>| 91500 | 38865 |
| \* | PCI Technology Group <br> Co. Ltd., Class A<br>| 27340 | 26384 |
| \* | PDD Holdings, Inc., <br> ADR<br>| 40382 | 5446320 |
| \*Ω | Peijia Medical Ltd. | 89000 | 68899 |
| \*†† | Pengdu Agriculture & <br> Animal Husbandry <br> Co. Ltd., Class A<br>| 113300 | 0 |
| \* | Pengxin International <br> Mining Co. Ltd., <br> Class A<br>| 42800 | 49283 |
|  | People.cn Co. Ltd., <br> Class A<br>| 6800 | 19308 |
|  | People's Insurance <br> Co. Group of China <br> Ltd. , Class H<br>| 1670000 | 1499843 |
| \* | Perennial Energy <br> Holdings Ltd.<br>| 205000 | 26626 |
|  | PetroChina Co. Ltd., <br> Class H<br>| 3454000 | 3570463 |
|  | PharmaBlock <br> Sciences Nanjing, <br> Inc., Class A<br>| 6200 | 37234 |
| #Ω | Pharmaron Beijing Co. <br> Ltd., Class H<br>| 75375 | 251668 |
|  | PhiChem Corp., <br> Class A<br>| 7100 | 23408 |
|  | PICC Property & <br> Casualty Co. Ltd., <br> Class H<br>| 912000 | 2154622 |
|  | Ping An Bank Co. <br> Ltd., Class A<br>| 138100 | 219756 |
| #Ω | Ping An Healthcare & <br> Technology Co. <br> Ltd.<br>| 412818 | 730330 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Ping An Insurance <br> Group Co. of China <br> Ltd., Class H<br>| 774500 | $5595245 |
|  | Pingdingshan Tianan <br> Coal Mining Co. <br> Ltd., Class A<br>| 70500 | 84239 |
|  | PNC Process <br> Systems Co. Ltd., <br> Class A<br>| 9640 | 42110 |
|  | POCO Holding Co. <br> Ltd., Class A<br>| 4400 | 48348 |
| \* | Polaris Bay Group Co. <br> Ltd., Class A<br>| 43000 | 44494 |
|  | Poly Developments & <br> Holdings Group Co. <br> Ltd., Class A<br>| 31800 | 32759 |
| # | Poly Property Group <br> Co. Ltd.<br>| 734189 | 174657 |
|  | Poly Property <br> Services Co. Ltd., <br> Class H<br>| 47600 | 205346 |
| \* | Pony Testing <br> International Group <br> Co. Ltd., Class A<br>| 8800 | 10250 |
| Ω | Pop Mart International <br> Group Ltd.<br>| 102800 | 2924159 |
| \* | Porton Pharma <br> Solutions Ltd., <br> Class A<br>| 8800 | 32952 |
| Ω | Postal Savings Bank <br> of China Co. Ltd., <br> Class H<br>| 954000 | 672198 |
|  | Pou Sheng <br> International <br> Holdings Ltd.<br>| 768000 | 46931 |
|  | Power Construction <br> Corp. of China Ltd., <br> Class A<br>| 119400 | 94654 |
| \* | Powerwin Tech Group <br> Ltd.<br>| 36000 | 5146 |
|  | Prinx Chengshan <br> Holdings Ltd.<br>| 56500 | 51623 |
| \* | Productive <br> Technologies Co. <br> Ltd.<br>| 818000 | 21817 |
|  | PW Medtech Group <br> Ltd.<br>| 171000 | 33022 |
|  | Pylon Technologies <br> Co. Ltd., Class A<br>| 7722 | 72006 |
|  | Q Technology Group <br> Co. Ltd.<br>| 123000 | 221191 |
|  | Qfin Holdings, Inc., <br> ADR<br>| 48609 | 1173907 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Qi An Xin Technology <br> Group, Inc., <br> Class A<br>| 8255 | $45304 |
|  | Qianhe Condiment & <br> Food Co. Ltd., <br> Class A<br>| 19879 | 25907 |
| \* | Qinchuan Machine <br> Tool & Tool Group <br> Share Co. Ltd., <br> Class A<br>| 21100 | 40710 |
|  | Qingdao Citymedia <br> Co. Ltd., Class A<br>| 21600 | 20615 |
|  | Qingdao East Steel <br> Tower Stock Co. <br> Ltd., Class A<br>| 49100 | 121862 |
|  | Qingdao Eastsoft <br> Communication <br> Technology Co. <br> Ltd., Class A<br>| 8600 | 18579 |
|  | Qingdao Gaoce <br> Technology Co. <br> Ltd., Class A<br>| 19472 | 31328 |
|  | Qingdao Gon <br> Technology Co. <br> Ltd., Class A<br>| 8700 | 62706 |
|  | Qingdao Haier <br> Biomedical Co. Ltd., <br> Class A<br>| 7763 | 37988 |
|  | Qingdao Hanhe Cable <br> Co. Ltd., Class A<br>| 53333 | 28116 |
|  | Qingdao Hiron <br> Commercial Cold <br> Chain Co. Ltd., <br> Class A<br>| 13540 | 26774 |
|  | Qingdao Huicheng <br> Environmental <br> Technology Group <br> Co. Ltd., Class A<br>| 4000 | 86670 |
| Ω | Qingdao Port <br> International Co. <br> Ltd., Class H<br>| 302000 | 276073 |
|  | Qingdao Rural <br> Commercial Bank <br> Corp., Class A<br>| 127700 | 57814 |
|  | Qingdao Sentury Tire <br> Co. Ltd., Class A<br>| 28620 | 78193 |
|  | Qingdao TGOOD <br> Electric Co. Ltd., <br> Class A<br>| 11600 | 47329 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Qinghai Huzhu <br> TianYouDe <br> Highland Barley <br> Spirit Co. Ltd., <br> Class A<br>| 15500 | $20890 |
| \* | Qinghai Salt Lake <br> Industry Co. Ltd., <br> Class A<br>| 29300 | 102068 |
| \* | Qingling Motors Co. <br> Ltd., Class H<br>| 96000 | 9125 |
|  | Qinhuangdao Port Co. <br> Ltd., Class H<br>| 257000 | 96246 |
| \* | Qudian, Inc., <br> Sponsored ADR<br>| 61155 | 292321 |
|  | Queclink Wireless <br> Solutions Co. Ltd., <br> Class A<br>| 14300 | 24325 |
|  | Quectel Wireless <br> Solutions Co. Ltd., <br> Class A<br>| 5040 | 67102 |
|  | Quick Intelligent <br> Equipment Co. Ltd., <br> Class A<br>| 6600 | 30212 |
| #\* | Radiance Holdings <br> Group Co. Ltd.<br>| 136000 | 41207 |
|  | Rainbow Digital <br> Commercial Co. <br> Ltd., Class A<br>| 31800 | 24141 |
|  | Range Intelligent <br> Computing <br> Technology Group <br> Co. Ltd., Class A<br>| 7600 | 53942 |
|  | Rayhoo Motor Dies <br> Co. Ltd., Class A<br>| 5800 | 31539 |
| \*Ω | Red Star Macalline <br> Group Corp. Ltd., <br> Class H<br>| 176268 | 28809 |
|  | Renhe Pharmacy Co. <br> Ltd., Class A<br>| 37500 | 32737 |
|  | Rianlon Corp., <br> Class A<br>| 9300 | 52359 |
|  | Richinfo Technology <br> Co. Ltd., Class A<br>| 2800 | 10546 |
| \* | Risen Energy Co. <br> Ltd., Class A<br>| 29600 | 44778 |
|  | Riyue Heavy Industry <br> Co. Ltd., Class A<br>| 16500 | 33717 |
|  | Rizhao Port Co. Ltd., <br> Class A<br>| 88600 | 39607 |
|  | Rockchip Electronics <br> Co. Ltd., Class A<br>| 1900 | 48472 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | RongFa Nuclear <br> Equipment Co. Ltd., <br> Class A<br>| 26400 | $29330 |
|  | Rongsheng <br> Petrochemical Co. <br> Ltd., Class A<br>| 64050 | 91751 |
| \* | Roshow Technology <br> Co. Ltd., Class A<br>| 36600 | 45664 |
|  | Ruida Futures Co. <br> Ltd., Class A<br>| 9100 | 30221 |
|  | Runjian Co. Ltd., <br> Class A<br>| 11000 | 68035 |
| \* | Sai Micro Electronics, <br> Inc., Class A<br>| 10600 | 36478 |
|  | SAIC Motor Corp. <br> Ltd., Class A<br>| 38465 | 89996 |
|  | Sailun Group Co. Ltd., <br> Class A<br>| 24800 | 53499 |
|  | Sanan Optoelectronics <br> Co. Ltd., Class A<br>| 13000 | 25367 |
|  | Sangfor Technologies, <br> Inc., Class A<br>| 900 | 16583 |
|  | Sanjiang Shopping <br> Club Co. Ltd., <br> Class A<br>| 13400 | 26087 |
|  | Sanquan Food Co. <br> Ltd., Class A<br>| 22960 | 36031 |
| \* | Sansteel Minguang <br> Co. Ltd. Fujian, <br> Class A<br>| 71500 | 45024 |
|  | Sansure Biotech, Inc., <br> Class A<br>| 14206 | 44001 |
| \* | Sanwei Holding Group <br> Co. Ltd., Class A<br>| 15469 | 25202 |
| # | Sany Heavy <br> Equipment <br> International <br> Holdings Co. Ltd.<br>| 455000 | 429539 |
|  | Sany Heavy Industry <br> Co. Ltd., Class A<br>| 33700 | 104870 |
|  | Satellite Chemical Co. <br> Ltd., Class A<br>| 67527 | 170070 |
|  | SDIC Capital Co. Ltd., <br> Class A<br>| 45800 | 50488 |
|  | SDIC Power Holdings <br> Co. Ltd., Class A<br>| 35400 | 71427 |
|  | Sealand Securities <br> Co. Ltd., Class A<br>| 69219 | 44464 |
| \* | Seazen Group Ltd. | 832761 | 234615 |
| \* | Seazen Holdings Co. <br> Ltd., Class A<br>| 19500 | 38930 |
| \*†† | S-Enjoy Service <br> Group Co. Ltd.<br>| 103000 | 13918 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Seres Group Co. Ltd., <br> Class A<br>| 5400 | $117924 |
|  | SF Holding Co. Ltd., <br> Class A<br>| 48300 | 273796 |
|  | Shaanxi Beiyuan <br> Chemical Industry <br> Group Co. Ltd., <br> Class A<br>| 34670 | 19202 |
|  | Shaanxi Coal Industry <br> Co. Ltd., Class A<br>| 67300 | 214748 |
|  | Shaanxi Construction <br> Engineering Group <br> Corp. Ltd., Class A<br>| 99600 | 53049 |
| \* | Shaanxi Heimao <br> Coking Co. Ltd., <br> Class A<br>| 42000 | 25086 |
|  | Shan Xi Hua Yang <br> Group New Energy <br> Co. Ltd., Class A<br>| 134550 | 151339 |
| \* | Shandong BoAn <br> Biotechnology Co. <br> Ltd., Class H<br>| 18800 | 25367 |
|  | Shandong Bohui <br> Paper Industrial Co. <br> Ltd., Class A<br>| 35500 | 24910 |
|  | Shandong Buchang <br> Pharmaceuticals <br> Co. Ltd., Class A<br>| 8100 | 19737 |
|  | Shandong Dawn <br> Polymer Co. Ltd., <br> Class A<br>| 8200 | 28566 |
|  | Shandong Denghai <br> Seeds Co. Ltd., <br> Class A<br>| 13700 | 18130 |
|  | Shandong Dongyue <br> Silicone Material <br> Co. Ltd., Class A<br>| 27500 | 35894 |
| Ω | Shandong Gold <br> Mining Co. Ltd., <br> Class H<br>| 161500 | 677028 |
| \* | Shandong Haihua Co. <br> Ltd., Class A<br>| 23000 | 18007 |
|  | Shandong Head <br> Group Co. Ltd., <br> Class A<br>| 6900 | 12637 |
|  | Shandong Himile <br> Mechanical Science <br> & Technology Co. <br> Ltd., Class A<br>| 10600 | 99726 |
|  | Shandong Hi-speed <br> Co. Ltd., Class A<br>| 12100 | 15870 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Shandong Hi-Speed <br> Road & Bridge <br> Group Co. Ltd., <br> Class A<br>| 58400 | $50166 |
| Shandong Hualu <br> Hengsheng <br> Chemical Co. Ltd., <br> Class A<br>| 33930 | 122416 |
| Shandong Huatai <br> Paper Industry <br> Shareholding Co. <br> Ltd., Class A<br>| 48700 | 25467 |
| Shandong Humon <br> Smelting Co. Ltd., <br> Class A<br>| 22300 | 41388 |
| Shandong Jincheng <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 17000 | 41738 |
| Shandong Jinjing <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 48400 | 35717 |
| Shandong Linglong <br> Tyre Co. Ltd., <br> Class A<br>| 27495 | 59463 |
| Shandong Lukang <br> Pharma, Class A<br>| 17700 | 24936 |
| Shandong <br> Pharmaceutical <br> Glass Co. Ltd., <br> Class A<br>| 16900 | 49674 |
| Shandong Publishing <br> & Media Co. Ltd., <br> Class A<br>| 29800 | 35013 |
| Shandong Sun Paper <br> Industry JSC Ltd., <br> Class A<br>| 42700 | 85363 |
| Shandong Weifang <br> Rainbow Chemical <br> Co. Ltd., Class A<br>| 5400 | 56208 |
| Shandong Weigao <br> Group Medical <br> Polymer Co. Ltd., <br> Class H<br>| 764400 | 535071 |
| Shandong WIT Dyne <br> Health Co. Ltd., <br> Class A<br>| 4300 | 20645 |
| Shandong Xiantan Co. <br> Ltd., Class A<br>| 21200 | 18773 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shandong Xinhua <br> Pharmaceutical Co. <br> Ltd., Class H<br>| 92200 | $82541 |
|  | Shandong Yisheng <br> Livestock & Poultry <br> Breeding Co. Ltd., <br> Class A<br>| 24800 | 31338 |
| \* | Shanghai Aerospace <br> Automobile <br> Electromechanical <br> Co. Ltd., Class A<br>| 28900 | 33517 |
| \* | Shanghai Aiko Solar <br> Energy Co. Ltd., <br> Class A<br>| 651 | 1445 |
| \* | Shanghai AJ Group <br> Co. Ltd., Class A<br>| 48900 | 38644 |
|  | Shanghai Allist <br> Pharmaceuticals <br> Co. Ltd., Class A<br>| 3092 | 46743 |
|  | Shanghai AtHub Co. <br> Ltd., Class A<br>| 15139 | 70758 |
|  | Shanghai Bailian <br> Group Co. Ltd., <br> Class A<br>| 42400 | 53825 |
|  | Shanghai Bairun <br> Investment Holding <br> Group Co. Ltd., <br> Class A<br>| 7100 | 25133 |
|  | Shanghai Baolong <br> Automotive Corp., <br> Class A<br>| 5500 | 29137 |
|  | Shanghai Baosight <br> Software Co. Ltd., <br> Class A<br>| 7404 | 23936 |
|  | Shanghai Baosteel <br> Packaging Co. Ltd., <br> Class A<br>| 53700 | 41716 |
| \*Ω | Shanghai Bio-heart <br> Biological <br> Technology Co. <br> Ltd., Class H<br>| 28300 | 30374 |
|  | Shanghai BOCHU <br> Electronic <br> Technology Corp. <br> Ltd., Class A<br>| 1660 | 31948 |
|  | Shanghai Bright Meat <br> Group Co. Ltd., <br> Class A<br>| 21800 | 20861 |
|  | Shanghai Chicmax <br> Cosmetic Co. Ltd., <br> Class H<br>| 5000 | 55140 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai <br> Chinafortune Co. <br> Ltd., Class A<br>| 20100 | $47184 |
|  | Shanghai Chlor-Alkali <br> Chemical Co. Ltd., <br> Class A<br>| 19400 | 29792 |
|  | Shanghai Construction <br> Group Co. Ltd., <br> Class A<br>| 167228 | 66275 |
|  | Shanghai Daimay <br> Automotive Interior <br> Co. Ltd., Class A<br>| 32117 | 34456 |
|  | Shanghai Datun <br> Energy Resources <br> Co. Ltd., Class A<br>| 25600 | 49687 |
|  | Shanghai Dazhong <br> Public Utilities <br> Group Co. Ltd., <br> Class H<br>| 1000 | 567 |
| \* | Shanghai Electric <br> Group Co. Ltd., <br> Class H<br>| 396000 | 230901 |
|  | Shanghai Electric <br> Power Co. Ltd., <br> Class A<br>| 34100 | 142306 |
|  | Shanghai Environment <br> Group Co. Ltd., <br> Class A<br>| 34800 | 40610 |
|  | Shanghai Fengyuzhu <br> Culture & <br> Technology Co. <br> Ltd., Class A<br>| 12600 | 17254 |
|  | Shanghai Fosun <br> Pharmaceutical <br> Group Co. Ltd., <br> Class H<br>| 80000 | 245046 |
|  | Shanghai <br> Fudan-Zhangjiang <br> Bio-Pharmaceutical <br> Co. Ltd., Class H<br>| 34000 | 14292 |
|  | Shanghai Fullhan <br> Microelectronics Co. <br> Ltd., Class A<br>| 3200 | 21242 |
|  | Shanghai Ganglian <br> E-Commerce <br> Holdings Co. Ltd., <br> Class A<br>| 5712 | 21873 |
|  | Shanghai Gench <br> Education Group <br> Ltd.<br>| 35000 | 12061 |
|  | Shanghai Gentech <br> Co. Ltd., Class A<br>| 4575 | 21124 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Hanbell <br> Precise Machinery <br> Co. Ltd., Class A<br>| 17000 | $58467 |
| Ω | Shanghai Haohai <br> Biological <br> Technology Co. <br> Ltd., Class H<br>| 10640 | 37370 |
|  | Shanghai Huace <br> Navigation <br> Technology Ltd., <br> Class A<br>| 7840 | 35341 |
|  | Shanghai Huafon <br> Aluminium Corp., <br> Class A<br>| 17300 | 42728 |
|  | Shanghai Huayi <br> Group Co. Ltd., <br> Class A<br>| 47600 | 53205 |
|  | Shanghai Industrial <br> Holdings Ltd.<br>| 136000 | 238735 |
| \* | Shanghai Industrial <br> Urban Development <br> Group Ltd.<br>| 569600 | 24923 |
| #\* | Shanghai INT Medical <br> Instruments Co. <br> Ltd., Class H<br>| 18200 | 73227 |
|  | Shanghai International <br> Airport Co. Ltd., <br> Class A<br>| 4100 | 18609 |
|  | Shanghai Jahwa <br> United Co. Ltd., <br> Class A<br>| 11300 | 39835 |
|  | Shanghai Jinjiang <br> International Hotels <br> Co. Ltd., Class A<br>| 18300 | 57902 |
|  | Shanghai Jinqiao <br> Export Processing <br> Zone Development <br> Co. Ltd., Class A<br>| 10600 | 16874 |
|  | Shanghai Kaibao <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 23200 | 20122 |
|  | Shanghai Kelai <br> Mechatronics <br> Engineering Co. <br> Ltd., Class A<br>| 6400 | 17633 |
|  | Shanghai Liangxin <br> Electrical Co. Ltd., <br> Class A<br>| 16600 | 24735 |
|  | Shanghai Lingang <br> Holdings Corp. Ltd., <br> Class A<br>| 32000 | 50816 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai M&G <br> Stationery, Inc., <br> Class A<br>| 7700 | $30301 |
|  | Shanghai Mechanical <br> & Electrical Industry <br> Co. Ltd., Class A<br>| 19900 | 75822 |
|  | Shanghai MicroPort <br> Endovascular <br> MedTech Group Co. <br> Ltd., Class A<br>| 1791 | 25639 |
| \* | Shanghai Milkground <br> Food Tech Co. Ltd., <br> Class A<br>| 11600 | 41719 |
|  | Shanghai Moons' <br> Electric Co. Ltd., <br> Class A<br>| 2400 | 24760 |
|  | Shanghai <br> Pharmaceuticals <br> Holding Co. Ltd., <br> Class H<br>| 215000 | 323715 |
|  | Shanghai Pioneer <br> Holding Ltd.<br>| 237000 | 63672 |
|  | Shanghai Pret <br> Composites Co. <br> Ltd., Class A<br>| 26600 | 50321 |
|  | Shanghai Pudong <br> Construction Co. <br> Ltd., Class A<br>| 21500 | 24386 |
|  | Shanghai Pudong <br> Development Bank <br> Co. Ltd., Class A<br>| 132034 | 213471 |
|  | Shanghai Putailai New <br> Energy Technology <br> Co. Ltd., Class A<br>| 23977 | 98516 |
|  | Shanghai QiFan <br> Cable Co. Ltd., <br> Class A<br>| 12300 | 32428 |
|  | Shanghai RAAS Blood <br> Products Co. Ltd., <br> Class A<br>| 48000 | 45489 |
|  | Shanghai Runda <br> Medical Technology <br> Co. Ltd., Class A<br>| 12100 | 28641 |
|  | Shanghai Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 43700 | 52410 |
|  | Shanghai Shibei <br> Hi-Tech Co. Ltd., <br> Class A<br>| 22600 | 19628 |
|  | Shanghai Shyndec <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 42600 | 62386 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Shanghai Sinyang <br> Semiconductor <br> Materials Co. Ltd., <br> Class A<br>| 4800 | $38376 |
| Shanghai Tongji <br> Science & <br> Technology <br> Industrial Co. Ltd., <br> Class A<br>| 17300 | 36132 |
| Shanghai Tunnel <br> Engineering Co. <br> Ltd., Class A<br>| 43900 | 40745 |
| Shanghai Vital <br> Microtech Co. Ltd.<br>| 14160 | 36969 |
| Shanghai Waigaoqiao <br> Free Trade Zone <br> Group Co. Ltd., <br> Class A<br>| 19200 | 29517 |
| Shanghai Yaoji <br> Technology Co. <br> Ltd., Class A<br>| 9800 | 35745 |
| Shanghai Yuyuan <br> Tourist Mart Group <br> Co. Ltd., Class A<br>| 33570 | 26235 |
| Shanghai Zhangjiang <br> High-Tech Park <br> Development Co. <br> Ltd., Class A<br>| 8300 | 52005 |
| Shanghai Zhenhua <br> Heavy Industries <br> Co. Ltd., Class A<br>| 62700 | 41692 |
| Shanghai Zhonggu <br> Logistics Co. Ltd., <br> Class A<br>| 51000 | 79296 |
| Shanghai Zijiang <br> Enterprise Group <br> Co. Ltd., Class A<br>| 28700 | 31863 |
| Shanjin International <br> Gold Co. Ltd., <br> Class A<br>| 22360 | 68348 |
| Shannon <br> Semiconductor <br> Technology Co. <br> Ltd., Class A<br>| 4900 | 91152 |
| Shantui Construction <br> Machinery Co. Ltd., <br> Class A<br>| 33200 | 54010 |
| Shanxi Blue Flame <br> Holding Co. Ltd., <br> Class A<br>| 30100 | 30647 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanxi Coal <br> International Energy <br> Group Co. Ltd., <br> Class A<br>| 41500 | $64405 |
|  | Shanxi Coking Co. <br> Ltd., Class A<br>| 78560 | 47156 |
|  | Shanxi Coking Coal <br> Energy Group Co. <br> Ltd., Class A<br>| 109400 | 112589 |
|  | Shanxi Hi-speed <br> Group Co. Ltd., <br> Class A<br>| 37900 | 27614 |
|  | Shanxi Lanhua <br> Sci-Tech Venture <br> Co. Ltd., Class A<br>| 42510 | 40218 |
|  | Shanxi Lu'an <br> Environmental <br> Energy <br> Development Co. <br> Ltd., Class A<br>| 47300 | 98398 |
| \* | Shanxi Meijin Energy <br> Co. Ltd., Class A<br>| 72600 | 53480 |
|  | Shanxi Securities Co. <br> Ltd., Class A<br>| 36060 | 32454 |
| \* | Shanxi Taigang <br> Stainless Steel Co. <br> Ltd., Class A<br>| 52400 | 31011 |
|  | Shanxi Xinghuacun <br> Fen Wine Factory <br> Co. Ltd., Class A<br>| 5040 | 135038 |
|  | Sharetronic Data <br> Technology Co. <br> Ltd., Class A<br>| 4200 | 95783 |
|  | Shede Spirits Co. Ltd., <br> Class A<br>| 4000 | 34896 |
|  | Shenergy Co. Ltd., <br> Class A<br>| 31800 | 36791 |
|  | Shengda Resources <br> Co. Ltd., Class A<br>| 12200 | 40305 |
|  | Shenghe Resources <br> Holding Co. Ltd., <br> Class A<br>| 9800 | 32006 |
|  | Shengyi Technology <br> Co. Ltd., Class A<br>| 10200 | 91968 |
|  | Shenma Industry Co. <br> Ltd., Class A<br>| 20400 | 28489 |
|  | Shennan Circuits Co. <br> Ltd., Class A<br>| 4920 | 148107 |
| Ω | Shenwan Hongyuan <br> Group Co. Ltd., <br> Class H<br>| 328000 | 144322 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Shenyang Jinbei <br> Automotive Co. <br> Ltd., Class A<br>| 24900 | $16295 |
|  | Shenyang Xingqi <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 4508 | 50781 |
|  | Shenzhen Agricultural <br> Power Group Co. <br> Ltd., Class A<br>| 41200 | 49489 |
|  | Shenzhen Airport Co. <br> Ltd., Class A<br>| 46800 | 47517 |
|  | Shenzhen Aisidi Co. <br> Ltd., Class A<br>| 36600 | 63810 |
|  | Shenzhen Batian <br> Ecotypic <br> Engineering Co. <br> Ltd., Class A<br>| 14800 | 23178 |
|  | Shenzhen BSC <br> Technology Co. <br> Ltd., Class A<br>| 4900 | 25232 |
|  | Shenzhen Capchem <br> Technology Co. <br> Ltd., Class A<br>| 5760 | 42981 |
|  | Shenzhen Center <br> Power Tech Co. <br> Ltd., Class A<br>| 5700 | 18359 |
|  | Shenzhen Cereals <br> Holdings Co. Ltd., <br> Class A<br>| 21100 | 20715 |
|  | Shenzhen Click <br> Technology Co. <br> Ltd., Class A<br>| 12000 | 31769 |
|  | Shenzhen Colibri <br> Technologies Co. <br> Ltd., Class A<br>| 7300 | 22860 |
|  | Shenzhen Comix <br> Group Co. Ltd., <br> Class A<br>| 13300 | 12033 |
|  | Shenzhen Das <br> Intellitech Co. Ltd., <br> Class A<br>| 35900 | 16512 |
|  | Shenzhen Desay <br> Battery Technology <br> Co., Class A<br>| 12727 | 50275 |
|  | Shenzhen Energy <br> Group Co. Ltd., <br> Class A<br>| 33500 | 33108 |
|  | Shenzhen Envicool <br> Technology Co. <br> Ltd., Class A<br>| 7424 | 73151 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Everwin <br> Precision <br> Technology Co. <br> Ltd., Class A<br>| 20580 | $109969 |
|  | Shenzhen <br> Expressway Corp. <br> Ltd., Class H<br>| 178000 | 166431 |
|  | Shenzhen Fastprint <br> Circuit Tech Co. <br> Ltd., Class A<br>| 17800 | 53452 |
|  | Shenzhen FRD <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 8400 | 37137 |
|  | Shenzhen Fuanna <br> Bedding & <br> Furnishing Co. Ltd., <br> Class A<br>| 13900 | 14072 |
|  | Shenzhen Gas Corp. <br> Ltd., Class A<br>| 58300 | 55070 |
| \* | Shenzhen Gongjin <br> Electronics Co. Ltd., <br> Class A<br>| 24700 | 41460 |
|  | Shenzhen Goodix <br> Technology Co. <br> Ltd., Class A<br>| 2700 | 31206 |
| Ω | Shenzhen Hepalink <br> Pharmaceutical <br> Group Co. Ltd., <br> Class H<br>| 69000 | 47720 |
|  | Shenzhen Hopewind <br> Electric Co. Ltd., <br> Class A<br>| 11900 | 50471 |
|  | Shenzhen Inovance <br> Technology Co. <br> Ltd., Class A<br>| 6600 | 71410 |
| # | Shenzhen <br> International <br> Holdings Ltd.<br>| 444334 | 460591 |
| #\* | Shenzhen Investment <br> Ltd.<br>| 915262 | 98924 |
|  | Shenzhen Invt Electric <br> Co. Ltd., Class A<br>| 26700 | 33806 |
| \* | Shenzhen Jinjia <br> Group Co. Ltd., <br> Class A<br>| 35900 | 22522 |
|  | Shenzhen Jufei <br> Optoelectronics Co. <br> Ltd., Class A<br>| 26500 | 24937 |
|  | Shenzhen Kaifa <br> Technology Co. <br> Ltd., Class A<br>| 16300 | 62567 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Kangtai <br> Biological Products <br> Co. Ltd., Class A<br>| 14900 | $36032 |
|  | Shenzhen Kedali <br> Industry Co. Ltd., <br> Class A<br>| 4600 | 116501 |
|  | Shenzhen Kingkey <br> Smart Agriculture <br> Times Co. Ltd., <br> Class A<br>| 13000 | 30036 |
|  | Shenzhen Kinwong <br> Electronic Co. Ltd., <br> Class A<br>| 13800 | 140701 |
|  | Shenzhen Kstar <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 6700 | 40538 |
|  | Shenzhen Laibao <br> Hi-tech Co. Ltd., <br> Class A<br>| 28200 | 44243 |
|  | Shenzhen Leaguer <br> Co. Ltd., Class A<br>| 45100 | 58484 |
|  | Shenzhen Lifotronic <br> Technology Co. <br> Ltd., Class A<br>| 10268 | 19921 |
|  | Shenzhen Microgate <br> Technology Co. <br> Ltd., Class A<br>| 11900 | 21229 |
|  | Shenzhen Mindray <br> Bio-Medical <br> Electronics Co. Ltd., <br> Class A<br>| 5221 | 157847 |
|  | Shenzhen MTC Co. <br> Ltd., Class A<br>| 99900 | 86378 |
|  | Shenzhen New <br> Industries <br> Biomedical <br> Engineering Co. <br> Ltd., Class A<br>| 4600 | 39451 |
| \* | Shenzhen New <br> Nanshan Holding <br> Group Co. Ltd., <br> Class A<br>| 50400 | 22049 |
|  | Shenzhen Noposin <br> Crop Science Co. <br> Ltd., Class A<br>| 24100 | 41309 |
| \* | Shenzhen Overseas <br> Chinese Town Co. <br> Ltd., Class A<br>| 42406 | 14199 |
|  | Shenzhen Pagoda <br> Industrial Group <br> Corp. Ltd., Class H<br>| 48000 | 12603 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Shenzhen Qingyi <br> Photomask Ltd., <br> Class A<br>| 5756 | $23291 |
| Shenzhen Salubris <br> Pharmaceuticals <br> Co. Ltd., Class A<br>| 5500 | 46088 |
| Shenzhen SC New <br> Energy Technology <br> Corp., Class A<br>| 8300 | 110207 |
| Shenzhen SED <br> Industry Co. Ltd., <br> Class A<br>| 11400 | 33227 |
| Shenzhen SEG Co. <br> Ltd., Class A<br>| 23000 | 32050 |
| Shenzhen Senior <br> Technology Material <br> Co. Ltd., Class A<br>| 28132 | 56305 |
| Shenzhen Sinexcel <br> Electric Co. Ltd., <br> Class A<br>| 11100 | 65266 |
| Shenzhen Sunlord <br> Electronics Co. Ltd., <br> Class A<br>| 14100 | 75735 |
| Shenzhen Sunnypol <br> Optoelectronics Co. <br> Ltd., Class A<br>| 4400 | 14749 |
| Shenzhen Sunway <br> Communication Co. <br> Ltd., Class A<br>| 11500 | 57778 |
| Shenzhen Tagen <br> Group Co. Ltd., <br> Class A<br>| 50500 | 26900 |
| Shenzhen Topband <br> Co. Ltd., Class A<br>| 20900 | 40521 |
| Shenzhen Topway <br> Video <br> Communication Co. <br> Ltd., Class A<br>| 17500 | 20882 |
| Shenzhen Transsion <br> Holdings Co. Ltd., <br> Class A<br>| 5115 | 54830 |
| Shenzhen Weiguang <br> Biological Products <br> Co. Ltd., Class A<br>| 8000 | 30787 |
| Shenzhen Woer <br> Heat-Shrinkable <br> Material Co. Ltd., <br> Class A<br>| 28383 | 110310 |
| Shenzhen Yan Tian <br> Port Holding Co. <br> Ltd., Class A<br>| 34300 | 21985 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Yinghe <br> Technology Co. <br> Ltd., Class A<br>| 12800 | $53872 |
|  | Shenzhen YUTO <br> Packaging <br> Technology Co. <br> Ltd., Class A<br>| 14100 | 54107 |
|  | Shenzhen Zhongjin <br> Lingnan Nonfemet <br> Co. Ltd., Class A<br>| 78200 | 60619 |
|  | Shenzhou <br> International Group <br> Holdings Ltd.<br>| 234100 | 2020706 |
| \* | Shida Shinghwa <br> Advanced Material <br> Group Co. Ltd., <br> Class A<br>| 5300 | 48248 |
|  | Shijiazhuang Yiling <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 9800 | 24640 |
|  | Shinva Medical <br> Instrument Co. Ltd., <br> Class A<br>| 13260 | 28959 |
|  | Shiyue Daotian Group <br> Co. Ltd., Class H<br>| 9000 | 9713 |
|  | Shoucheng Holdings <br> Ltd.<br>| 634800 | 178379 |
|  | Shougang Century <br> Holdings Ltd.<br>| 326000 | 32679 |
|  | Shougang Fushan <br> Resources Group <br> Ltd.<br>| 956375 | 375241 |
| †† | Shouhang High-Tech <br> Energy Co. Ltd., <br> Class A<br>| 58700 | 578 |
| \* | Shuangliang <br> Eco-Energy <br> Systems Co. Ltd., <br> Class A<br>| 61400 | 59683 |
|  | Shui On Land Ltd. | 1050500 | 95849 |
|  | Sichuan Changhong <br> Electric Co. Ltd., <br> Class A<br>| 41000 | 58756 |
| \* | Sichuan Chengfei <br> Integration <br> Technology Corp., <br> Class A<br>| 7200 | 42884 |
|  | Sichuan Chuantou <br> Energy Co. Ltd., <br> Class A<br>| 13700 | 28351 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sichuan Development <br> Lomon Co. Ltd., <br> Class A<br>| 12200 | $19148 |
|  | Sichuan EM <br> Technology Co. <br> Ltd., Class A<br>| 25000 | 70046 |
|  | Sichuan Expressway <br> Co. Ltd., Class H<br>| 138000 | 90811 |
|  | Sichuan Furong <br> Technology Co. <br> Ltd., Class A<br>| 16016 | 20713 |
| \* | Sichuan Haite <br> High-tech Co. Ltd., <br> Class A<br>| 23100 | 40745 |
|  | Sichuan Hebang <br> Biotechnology Co. <br> Ltd., Class A<br>| 207700 | 63623 |
| \* | Sichuan Hexie <br> Shuangma Co. Ltd., <br> Class A<br>| 19600 | 56042 |
| \* | Sichuan Hongda Co. <br> Ltd., Class A<br>| 21100 | 32406 |
|  | Sichuan Injet Electric <br> Co. Ltd., Class A<br>| 3900 | 28972 |
|  | Sichuan Jiuyuan <br> Yinhai Software Co. <br> Ltd., Class A<br>| 3510 | 9516 |
|  | Sichuan Kelun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 18819 | 92562 |
| \* | Sichuan Kelun-Biotech <br> Biopharmaceutical <br> Co. Ltd., Class H<br>| 300 | 17246 |
| \* | Sichuan Lutianhua <br> Co. Ltd., Class A<br>| 47700 | 28764 |
|  | Sichuan New Energy <br> Power Co. Ltd., <br> Class A<br>| 29900 | 51684 |
|  | Sichuan Road & <br> Bridge Group Co. <br> Ltd., Class A<br>| 72600 | 96757 |
|  | Sichuan Swellfun Co. <br> Ltd., Class A<br>| 7100 | 42212 |
|  | Sichuan Teway Food <br> Group Co. Ltd., <br> Class A<br>| 15600 | 26174 |
|  | Sichuan Yahua <br> Industrial Group Co. <br> Ltd., Class A<br>| 19900 | 56852 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | Sihuan <br> Pharmaceutical <br> Holdings Group <br> Ltd.<br>| 589000 | $112267 |
|  | SIIC Environment <br> Holdings Ltd. (SIIC <br> SP)<br>| 402300 | 55329 |
| Ω | Simcere <br> Pharmaceutical <br> Group Ltd.<br>| 163000 | 259616 |
|  | Sineng Electric Co. <br> Ltd., Class A<br>| 4200 | 19017 |
|  | Sino <br> Biopharmaceutical <br> Ltd.<br>| 1321250 | 1203569 |
|  | Sinocare, Inc., <br> Class A<br>| 5900 | 15708 |
| \* | Sinochem <br> International Corp., <br> Class A<br>| 74300 | 43657 |
|  | Sinofert Holdings Ltd. | 1036000 | 202585 |
|  | Sinofibers Technology <br> Co. Ltd., Class A<br>| 6000 | 27148 |
|  | Sinolink Securities Co. <br> Ltd., Class A<br>| 26600 | 36934 |
|  | Sinoma International <br> Engineering Co., <br> Class A<br>| 56100 | 75113 |
|  | Sinoma Science & <br> Technology Co. <br> Ltd., Class A<br>| 22750 | 110796 |
|  | Sinomach Automobile <br> Co. Ltd., Class A<br>| 35400 | 31032 |
| \* | Sinomach Heavy <br> Equipment Group <br> Co. Ltd., Class A<br>| 59800 | 29757 |
|  | Sinomach Precision <br> Industry Group Co. <br> Ltd., Class A<br>| 9500 | 38243 |
|  | Sinomine Resource <br> Group Co. Ltd., <br> Class A<br>| 8520 | 67428 |
|  | Sinopec Engineering <br> Group Co. Ltd., <br> Class H<br>| 563500 | 530820 |
|  | Sinopec Kantons <br> Holdings Ltd.<br>| 388000 | 200698 |
| \* | Sinopec Oilfield <br> Equipment Corp., <br> Class A<br>| 29400 | 30031 |
| \* | Sinopec Oilfield <br> Service Corp., <br> Class H<br>| 696000 | 69042 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sinopec Shanghai <br> Petrochemical Co. <br> Ltd., Class H<br>| 998000 | $170813 |
|  | Sinopep-Allsino Bio <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 4159 | 22718 |
|  | Sinopharm Group Co. <br> Ltd., Class H<br>| 416800 | 1038901 |
|  | Sino-Platinum Metals <br> Co. Ltd., Class A<br>| 20919 | 48887 |
|  | Sinoseal Holding Co. <br> Ltd., Class A<br>| 2800 | 13698 |
|  | Sinosteel Engineering <br> & Technology Co. <br> Ltd., Class A<br>| 37900 | 34098 |
|  | Sinosteel New <br> Materials Co. Ltd., <br> Class A<br>| 24200 | 37260 |
| \* | Sino-Synergy <br> Hydrogen Energy <br> Technology Jiaxing <br> Co. Ltd., Class H<br>| 2500 | 1822 |
| # | Sinotrans Ltd., <br> Class H<br>| 730000 | 496189 |
|  | Sinotruk Hong Kong <br> Ltd.<br>| 254500 | 850243 |
|  | Sinotruk Jinan Truck <br> Co. Ltd., Class A<br>| 13400 | 34189 |
| \* | Sipai Health <br> Technology Co. <br> Ltd.<br>| 36000 | 11211 |
|  | Skshu Paint Co. Ltd., <br> Class A<br>| 1960 | 12152 |
|  | Skyworth Digital Co. <br> Ltd., Class A<br>| 21087 | 40294 |
| #\* | Skyworth Group Ltd. | 218000 | 110477 |
| Ω | Smoore International <br> Holdings Ltd.<br>| 140000 | 235778 |
|  | Snowsky Salt Industry <br> Group Co. Ltd., <br> Class A<br>| 42600 | 34136 |
| \* | SOHO China Ltd. | 740000 | 52455 |
|  | Soho Holly Futures <br> Co. Ltd., Class H<br>| 42000 | 20776 |
|  | Sokan New Materials <br> Group Co. Ltd., <br> Class A<br>| 4492 | 20849 |
|  | Solareast Holdings <br> Co. Ltd., Class A<br>| 15000 | 21316 |
|  | Songcheng <br> Performance <br> Development Co. <br> Ltd., Class A<br>| 34300 | 38731 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sonoscape Medical <br> Corp., Class A<br>| 4600 | $18547 |
|  | SooChow Securities <br> Co. Ltd., Class A<br>| 38420 | 51823 |
|  | Southern Publishing & <br> Media Co. Ltd., <br> Class A<br>| 25700 | 51099 |
|  | Southwest Securities <br> Co. Ltd., Class A<br>| 71900 | 47899 |
| # | So-Young <br> International, Inc., <br> ADR<br>| 16596 | 48294 |
|  | SPIC Industry-Finance <br> Holdings Co. Ltd., <br> Class A<br>| 33200 | 30811 |
| \* | SPIC Yuanda <br> Environmental-Protection <br> Co. Ltd., Class A<br>| 13200 | 24790 |
|  | Spring Airlines Co. <br> Ltd., Class A<br>| 7600 | 57248 |
| # | SSY Group Ltd. | 637026 | 254296 |
|  | Stanley Agricultural <br> Group Co. Ltd., <br> Class A<br>| 26700 | 36585 |
|  | Star Lake Bioscience <br> Co., Inc. Zhaoqing <br> Guangdong, <br> Class A<br>| 47400 | 47882 |
|  | StarPower <br> Semiconductor Ltd., <br> Class A<br>| 1800 | 26486 |
|  | State Grid Information <br> & Communication <br> Co. Ltd., Class A<br>| 10100 | 26170 |
|  | State Grid Yingda Co. <br> Ltd., Class A<br>| 43200 | 39189 |
|  | STO Express Co. Ltd., <br> Class A<br>| 36200 | 78796 |
|  | Sumavision <br> Technologies Co. <br> Ltd., Class A<br>| 15900 | 12624 |
|  | Sumec Corp. Ltd., <br> Class A<br>| 38000 | 60409 |
|  | Sun Art Retail Group <br> Ltd.<br>| 703000 | 170834 |
|  | Sun King Technology <br> Group Ltd.<br>| 370000 | 96240 |
|  | Sunflower <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 16400 | 33644 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sungrow Power <br> Supply Co. Ltd., <br> Class A<br>| 8260 | $220381 |
|  | Suning Universal Co. <br> Ltd., Class A<br>| 97900 | 35084 |
|  | Sunny Optical <br> Technology Group <br> Co. Ltd.<br>| 163100 | 1576149 |
|  | Sunresin New <br> Materials Co. Ltd., <br> Class A<br>| 5064 | 39534 |
|  | Sunrise Group Co. <br> Ltd., Class A<br>| 25800 | 20964 |
| \* | Sunshine Lake <br> Pharma Co. Ltd.<br>| 31949 | 188309 |
|  | Sunstone <br> Development Co. <br> Ltd., Class A<br>| 24000 | 83072 |
|  | Suntak Technology <br> Co. Ltd., Class A<br>| 16000 | 32031 |
|  | Sunward Intelligent <br> Equipment Co. Ltd., <br> Class A<br>| 35600 | 66293 |
|  | Sunwoda Electronic <br> Co. Ltd., Class A<br>| 14382 | 72498 |
|  | Suofeiya Home <br> Collection Co. Ltd., <br> Class A<br>| 11900 | 21767 |
|  | SUPCON Technology <br> Co. Ltd., Class A<br>| 4279 | 31469 |
|  | Suzhou Anjie <br> Technology Co. <br> Ltd., Class A<br>| 14500 | 28368 |
|  | Suzhou Dongshan <br> Precision <br> Manufacturing Co. <br> Ltd., Class A<br>| 16200 | 155949 |
|  | Suzhou Gold Mantis <br> Construction <br> Decoration Co. Ltd., <br> Class A<br>| 62300 | 29771 |
|  | Suzhou Good-Ark <br> Electronics Co. Ltd., <br> Class A<br>| 12600 | 18140 |
|  | Suzhou Maxwell <br> Technologies Co. <br> Ltd., Class A<br>| 2300 | 34027 |
|  | Suzhou Secote <br> Precision Electronic <br> Co. Ltd., Class A<br>| 7840 | 52847 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Suzhou SLAC <br> Precision <br> Equipment Co. Ltd., <br> Class A<br>| 10000 | $20710 |
|  | Suzhou Sushi Testing <br> Group Co. Ltd., <br> Class A<br>| 11600 | 25535 |
|  | Suzhou TFC Optical <br> Communication Co. <br> Ltd., Class A<br>| 4860 | 107178 |
|  | Suzhou TZTEK <br> Technology Co. <br> Ltd., Class A<br>| 3095 | 23565 |
|  | SY Holdings Group <br> Ltd.<br>| 99500 | 144535 |
|  | Symphony Holdings <br> Ltd.<br>| 450000 | 86980 |
| \* | SYoung Group Co. <br> Ltd., Class A<br>| 8100 | 23265 |
|  | Taiji Computer Corp. <br> Ltd., Class A<br>| 15519 | 58623 |
| \* | Taiyuan Heavy <br> Industry Co. Ltd., <br> Class A<br>| 71100 | 27789 |
| \* | Tangrenshen Group <br> Co. Ltd., Class A<br>| 38200 | 25623 |
|  | TangShan Port Group <br> Co. Ltd., Class A<br>| 100337 | 56025 |
|  | Tangshan Sanyou <br> Chemical Industries <br> Co. Ltd., Class A<br>| 53000 | 42463 |
| \* | Tanwan, Inc. | 38600 | 73564 |
|  | Tasly Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 14300 | 31055 |
|  | Tayho Advanced <br> Materials Group Co. <br> Ltd., Class A<br>| 20300 | 28646 |
|  | TBEA Co. Ltd., <br> Class A<br>| 43150 | 118786 |
|  | TCL Electronics <br> Holdings Ltd.<br>| 364666 | 432974 |
|  | TCL Technology <br> Group Corp., <br> Class A<br>| 167500 | 101559 |
|  | TCL Zhonghuan <br> Renewable Energy <br> Technology Co. <br> Ltd., Class A<br>| 45175 | 60082 |
|  | TDG Holdings Co. <br> Ltd., Class A<br>| 44400 | 64136 |
| \*†† | Tech-Pro, Inc. | 1538000 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Telling <br> Telecommunication <br> Holding Co. Ltd., <br> Class A<br>| 9300 | $13186 |
|  | Ten Pao Group <br> Holdings Ltd.<br>| 44000 | 12849 |
|  | Tencent Holdings Ltd. | 420100 | 34123756 |
|  | Tencent Music <br> Entertainment <br> Group, ADR<br>| 105403 | 2352595 |
|  | Three Squirrels, Inc., <br> Class A<br>| 13400 | 44409 |
|  | Thunder Software <br> Technology Co. <br> Ltd., Class A<br>| 1190 | 11502 |
|  | Tian An China <br> Investment Co. Ltd.<br>| 148000 | 86509 |
|  | Tian Di Science & <br> Technology Co. <br> Ltd., Class A<br>| 67200 | 56470 |
|  | Tian Lun Gas <br> Holdings Ltd.<br>| 35500 | 14785 |
|  | Tiande Chemical <br> Holdings Ltd.<br>| 68000 | 12542 |
| \* | Tianfeng Securities <br> Co. Ltd., Class A<br>| 38200 | 28138 |
| # | Tiangong International <br> Co. Ltd.<br>| 390000 | 147694 |
| \* | Tianjin 712 <br> Communication & <br> Broadcasting Co. <br> Ltd., Class A<br>| 9000 | 25422 |
|  | Tianjin Capital <br> Environmental <br> Protection Group <br> Co. Ltd., Class H<br>| 94000 | 51586 |
|  | Tianjin Chase Sun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 78900 | 42371 |
|  | Tianjin Development <br> Holdings Ltd.<br>| 46000 | 15390 |
|  | Tianjin Port Co. Ltd., <br> Class A<br>| 65600 | 44345 |
|  | Tianjin Port <br> Development <br> Holdings Ltd.<br>| 682000 | 62436 |
|  | Tianjin Ringpu <br> Bio-Technology Co. <br> Ltd., Class A<br>| 17400 | 52733 |
|  | Tianjin TEDA <br> Resources <br> Recycling Group <br> Co. Ltd., Class A<br>| 34500 | 20591 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Tianma <br> Microelectronics Co. <br> Ltd., Class A<br>| 52000 | $71015 |
|  | Tianneng Battery <br> Group Co. Ltd., <br> Class A<br>| 7253 | 34561 |
|  | Tianneng Power <br> International Ltd.<br>| 262000 | 290448 |
| #\* | Tianqi Lithium Corp., <br> Class H<br>| 37000 | 227442 |
|  | Tianrun Industry <br> Technology Co. <br> Ltd., Class A<br>| 31800 | 28479 |
|  | Tianshan Aluminum <br> Group Co. Ltd., <br> Class A<br>| 91100 | 171088 |
| \* | TianShan Material Co. <br> Ltd., Class A<br>| 27200 | 23027 |
|  | Tianshui Huatian <br> Technology Co. <br> Ltd., Class A<br>| 31900 | 54128 |
|  | Tibet Cheezheng <br> Tibetan Medicine <br> Co. Ltd., Class A<br>| 5300 | 19063 |
|  | Tibet Mineral <br> Development Co. <br> Ltd., Class A<br>| 7100 | 26262 |
|  | Tibet Rhodiola <br> Pharmaceutical <br> Holding Co., <br> Class A<br>| 8580 | 56003 |
| \* | Tibet Water <br> Resources Ltd.<br>| 405000 | 32847 |
|  | Time Interconnect <br> Technology Ltd.<br>| 224000 | 450564 |
|  | Tinergy Chemical Co. <br> Ltd., Class A<br>| 65975 | 51752 |
|  | Tingyi Cayman <br> Islands Holding <br> Corp.<br>| 626000 | 858890 |
|  | Titan Wind Energy <br> Suzhou Co. Ltd., <br> Class A<br>| 41700 | 44900 |
|  | TK Group Holdings <br> Ltd.<br>| 68000 | 22280 |
|  | TKD Science & <br> Technology Co. <br> Ltd., Class A<br>| 12400 | 25841 |
|  | Tofflon Science & <br> Technology Group <br> Co. Ltd., Class A<br>| 17300 | 41230 |
|  | Tomson Group Ltd. | 42541 | 14813 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Tong Ren Tang <br> Technologies Co. <br> Ltd., Class H<br>| 176000 | $105027 |
|  | Tongcheng Travel <br> Holdings Ltd.<br>| 410000 | 1128241 |
| \* | Tongda Group <br> Holdings Ltd.<br>| 49799 | 29520 |
|  | Tongdao Liepin <br> Group<br>| 92800 | 38020 |
|  | TongFu <br> Microelectronics Co. <br> Ltd., Class A<br>| 15500 | 92644 |
|  | Tonghua Dongbao <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 39500 | 50092 |
|  | Tongkun Group Co. <br> Ltd., Class A<br>| 23600 | 47179 |
|  | Tongling Jingda <br> Special Magnet <br> Wire Co. Ltd., <br> Class A<br>| 43400 | 66226 |
|  | Tongling Nonferrous <br> Metals Group Co. <br> Ltd., Class A<br>| 153150 | 113782 |
| \* | Tongwei Co. Ltd., <br> Class A<br>| 31488 | 109650 |
|  | Tongyu Heavy <br> Industry Co. Ltd., <br> Class A<br>| 80400 | 34813 |
|  | Topchoice Medical <br> Corp., Class A<br>| 5462 | 33360 |
| Ω | Topsports International <br> Holdings Ltd.<br>| 689000 | 273068 |
| # | Towngas Smart <br> Energy Co. Ltd.<br>| 205827 | 103184 |
| \* | TPV Technology Co. <br> Ltd., Class A<br>| 145100 | 53049 |
| \*Ω | Transcenta Holding <br> Ltd.<br>| 24500 | 9740 |
|  | Transfar Zhilian Co. <br> Ltd., Class A<br>| 55900 | 49065 |
|  | TravelSky Technology <br> Ltd., Class H<br>| 234000 | 307944 |
|  | Triangle Tyre Co. Ltd., <br> Class A<br>| 20900 | 43438 |
| \* | Trina Solar Co. Ltd., <br> Class A<br>| 17183 | 49179 |
|  | Trip.com Group Ltd. <br> (9961 HK)<br>| 48950 | 3444681 |
|  | Trip.com Group Ltd. <br> (TCOM US), ADR<br>| 4100 | 289665 |
| \* | Triumph New Energy <br> Co. Ltd., Class H<br>| 62000 | 34794 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Triumph Science & <br> Technology Co. <br> Ltd., Class A<br>| 17500 | $30180 |
| \* | Truking Technology <br> Ltd., Class A<br>| 19000 | 29916 |
| \* | Tsinghua Tongfang <br> Co. Ltd., Class A<br>| 33600 | 41211 |
|  | Tsingtao Brewery Co. <br> Ltd., Class H<br>| 202000 | 1365223 |
|  | TSP Wind Power <br> Group Co. Ltd.<br>| 23500 | 28023 |
| \*Ω | Tuhu Car, Inc. | 26300 | 59796 |
| †† | Tunghsu <br> Optoelectronic <br> Technology Co. <br> Ltd., Class A<br>| 114400 | 1126 |
|  | Tuniu Corp., <br> Sponsored ADR<br>| 18660 | 15727 |
|  | Uni-Bio Science <br> Group Ltd.<br>| 560000 | 9126 |
|  | Unilumin Group Co. <br> Ltd., Class A<br>| 33796 | 35032 |
|  | Uni-President China <br> Holdings Ltd.<br>| 474000 | 513173 |
|  | Unisplendour Corp. <br> Ltd., Class A<br>| 13200 | 50262 |
|  | Universal Scientific <br> Industrial Shanghai <br> Co. Ltd., Class A<br>| 23800 | 80552 |
| #†† | Untrade.China Dili | 715599 | 11401 |
| \* | UTour Group Co. Ltd., <br> Class A<br>| 26900 | 26527 |
|  | V V Food & Beverage <br> Co. Ltd., Class A<br>| 43600 | 21918 |
|  | Valiant Co. Ltd., <br> Class A<br>| 20600 | 40561 |
|  | Vats Liquor Chain <br> Store Management <br> JSC Ltd. (300755 <br> C2), Class A<br>| 2900 | 8475 |
|  | Vats Liquor Chain <br> Store Management <br> JSC Ltd. (300755 <br> CH), Class A<br>| 5100 | 14904 |
|  | Vatti Corp. Ltd., <br> Class A<br>| 23800 | 21381 |
| \* | Venustech Group, <br> Inc., Class A<br>| 9800 | 21588 |
|  | Victory Giant <br> Technology Huizhou <br> Co. Ltd., Class A<br>| 8600 | 353756 |
|  | Vipshop Holdings Ltd., <br> ADR<br>| 133611 | 2336856 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Visionox Technology, <br> Inc., Class A<br>| 33500 | $39921 |
| \*Ω | Viva Biotech Holdings | 484000 | 151797 |
| #\* | Vnet Group, Inc., <br> ADR<br>| 45549 | 473710 |
|  | Walvax Biotechnology <br> Co. Ltd., Class A<br>| 13300 | 22864 |
| \* | Wanda Film Holding <br> Co. Ltd., Class A<br>| 17800 | 27661 |
|  | Wangneng <br> Environment Co. <br> Ltd., Class A<br>| 12800 | 30757 |
|  | Wangsu Science & <br> Technology Co. <br> Ltd., Class A<br>| 22500 | 36608 |
|  | Wanguo Gold Group <br> Ltd.<br>| 82000 | 322808 |
|  | Wanhua Chemical <br> Group Co. Ltd., <br> Class A<br>| 31100 | 273746 |
|  | Want Want China <br> Holdings Ltd.<br>| 1696000 | 1096000 |
|  | Wanxiang Qianchao <br> Co. Ltd., Class A<br>| 35900 | 63396 |
|  | Warom Technology, <br> Inc. Co., Class A<br>| 7100 | 19505 |
|  | Wasion Holdings Ltd. | 212000 | 341098 |
|  | Wasu Media Holding <br> Co. Ltd., Class A<br>| 28700 | 31833 |
|  | Weibo Corp. (9898 <br> HK), Class A<br>| 12600 | 137771 |
| # | Weibo Corp. (WB <br> US), Sponsored <br> ADR<br>| 15807 | 171980 |
|  | Weichai Power Co. <br> Ltd., Class H<br>| 583000 | 1204652 |
|  | Weifu <br> High-Technology <br> Group Co. Ltd., <br> Class A<br>| 15900 | 47977 |
|  | Weihai Guangtai <br> Airport Equipment <br> Co. Ltd., Class A<br>| 14900 | 21429 |
|  | Weihai Guangwei <br> Composites Co. <br> Ltd., Class A<br>| 6960 | 28162 |
|  | Weilong Delicious <br> Global Holdings <br> Ltd.<br>| 146800 | 225186 |
| \*Ω | Weimob, Inc. | 50000 | 14633 |
|  | Wellhope Foods Co. <br> Ltd., Class A<br>| 19600 | 21135 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Wencan Group Co. <br> Ltd., Class A<br>| 9300 | $28261 |
|  | Wens Foodstuff Group <br> Co. Ltd., Class A<br>| 28200 | 71982 |
|  | Wenzhou Yihua <br> Connector Co. Ltd., <br> Class A<br>| 4700 | 30990 |
|  | West China Cement <br> Ltd.<br>| 784000 | 299609 |
|  | Western Metal <br> Materials Co. Ltd., <br> Class A<br>| 12100 | 30586 |
|  | Western Mining Co. <br> Ltd., Class A<br>| 45700 | 154144 |
|  | Western Region Gold <br> Co. Ltd., Class A<br>| 15600 | 60128 |
|  | Western Securities <br> Co. Ltd., Class A<br>| 46800 | 56523 |
|  | Western <br> Superconducting <br> Technologies Co. <br> Ltd., Class A<br>| 4368 | 48002 |
| # | Wharf Holdings Ltd. | 346000 | 910276 |
|  | Willfar Information <br> Technology Co. <br> Ltd., Class A<br>| 3260 | 16911 |
|  | Winall Hi-Tech Seed <br> Co. Ltd., Class A<br>| 16600 | 20674 |
|  | Windey Energy <br> Technology Group <br> Co. Ltd., Class A<br>| 24290 | 62365 |
| \* | Wingtech Technology <br> Co. Ltd., Class A<br>| 7700 | 48664 |
|  | Winner Medical Co. <br> Ltd., Class A<br>| 9300 | 53996 |
| \* | Wison Engineering <br> Services Co. Ltd.<br>| 122000 | 6112 |
|  | Wolong Electric Group <br> Co. Ltd., Class A<br>| 4460 | 30287 |
| \* | World Union Group, <br> Inc., Class A<br>| 62600 | 20431 |
|  | Wuchan Zhongda <br> Group Co. Ltd., <br> Class A<br>| 70600 | 58061 |
|  | Wuhan Dr. Laser <br> Technology Corp. <br> Ltd., Class A<br>| 2600 | 24587 |
|  | Wuhan East Lake <br> High Technology <br> Group Co. Ltd., <br> Class A<br>| 8600 | 11892 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Wuhan Easydiagnosis <br> Biomedicine Co. <br> Ltd., Class A<br>| 3600 | $9732 |
|  | Wuhan Fingu <br> Electronic <br> Technology Co. <br> Ltd., Class A<br>| 12800 | 22451 |
|  | Wuhan Raycus Fiber <br> Laser Technologies <br> Co. Ltd., Class A<br>| 6000 | 21694 |
|  | Wuhu Token Science <br> Co. Ltd., Class A<br>| 56700 | 49460 |
|  | Wuliangye Yibin Co. <br> Ltd., Class A<br>| 21400 | 357985 |
|  | Wuling Motors <br> Holdings Ltd.<br>| 130000 | 8532 |
|  | WUS Printed Circuit <br> Kunshan Co. Ltd., <br> Class A<br>| 5300 | 52697 |
|  | Wushang Group Co. <br> Ltd., Class A<br>| 15200 | 21339 |
| Ω | WuXi AppTec Co. Ltd., <br> Class H<br>| 47139 | 658679 |
|  | Wuxi Autowell <br> Technology Co. <br> Ltd., Class A<br>| 5999 | 36863 |
|  | Wuxi Best Precision <br> Machinery Co. Ltd., <br> Class A<br>| 12500 | 46308 |
| \*Ω | Wuxi Biologics <br> Cayman, Inc.<br>| 561000 | 2616556 |
|  | Wuxi Boton <br> Technology Co. <br> Ltd., Class A<br>| 6600 | 21612 |
|  | Wuxi DK Electronic <br> Materials Co. Ltd., <br> Class A<br>| 2700 | 23452 |
|  | Wuxi Huaguang <br> Environment & <br> Energy Group Co. <br> Ltd., Class A<br>| 28200 | 61310 |
|  | Wuxi NCE Power Co. <br> Ltd., Class A<br>| 6440 | 33999 |
|  | Wuxi Paike New <br> Materials <br> Technology Co. <br> Ltd., Class A<br>| 3200 | 31417 |
|  | Wuxi Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 43600 | 37203 |
|  | Wuxi Taiji Industry Ltd. <br> Co., Class A<br>| 34100 | 41556 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Wuxi Xinje Electric <br> Co. Ltd., Class A<br>| 3000 | $24261 |
|  | XCMG Construction <br> Machinery Co. Ltd., <br> Class A<br>| 97300 | 145535 |
|  | XGD, Inc., Class A | 13300 | 51785 |
| \*Ω | Xiabuxiabu Catering <br> Management China <br> Holdings Co. Ltd.<br>| 235500 | 30322 |
|  | Xiamen Amoytop <br> Biotech Co. Ltd., <br> Class A<br>| 3449 | 35391 |
|  | Xiamen Bank Co. Ltd., <br> Class A<br>| 73700 | 73040 |
|  | Xiamen C & D, Inc., <br> Class A<br>| 29400 | 42122 |
|  | Xiamen Changelight <br> Co. Ltd., Class A<br>| 23300 | 39140 |
|  | Xiamen Faratronic Co. <br> Ltd., Class A<br>| 2600 | 43994 |
| \* | Xiamen Hongxin <br> Electronics <br> Technology Group, <br> Inc., Class A<br>| 4200 | 18445 |
|  | Xiamen ITG Group <br> Corp. Ltd., Class A<br>| 48620 | 44286 |
|  | Xiamen Jihong <br> Technology Co. <br> Ltd., Class A<br>| 16700 | 43795 |
|  | Xiamen Kingdomway <br> Group Co., Class A<br>| 12523 | 35534 |
|  | Xiamen Tungsten Co. <br> Ltd., Class A<br>| 33400 | 167698 |
|  | Xiamen Xiangyu Co. <br> Ltd., Class A<br>| 73200 | 85433 |
|  | Xi'an Bright Laser <br> Technologies Co. <br> Ltd., Class A<br>| 3157 | 33510 |
| \* | Xian International <br> Medical Investment <br> Co. Ltd., Class A<br>| 27700 | 18672 |
|  | Xi'an Manareco New <br> Materials Co. Ltd., <br> Class A<br>| 4416 | 30206 |
|  | Xi'An Shaangu Power <br> Co. Ltd., Class A<br>| 34300 | 41949 |
|  | Xi'an Triangle Defense <br> Co. Ltd., Class A<br>| 9400 | 33902 |
|  | Xiandai Investment <br> Co. Ltd., Class A<br>| 58000 | 34547 |
| \* | Xiangcai Co. Ltd., <br> Class A<br>| 34400 | 62284 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Xiangtan Electric <br> Manufacturing Co. <br> Ltd., Class A<br>| 12400 | $26554 |
|  | Xiangtan <br> Electrochemical <br> Scientific Co. Ltd., <br> Class A<br>| 18500 | 38450 |
|  | Xianhe Co. Ltd., <br> Class A<br>| 15000 | 48218 |
| \*Ω | Xiaomi Corp., <br> Class B<br>| 359400 | 1993919 |
|  | Xilinmen Furniture Co. <br> Ltd., Class A<br>| 8700 | 20916 |
|  | Xinfengming Group <br> Co. Ltd., Class A<br>| 40600 | 90751 |
|  | Xingfa Aluminium <br> Holdings Ltd.<br>| 55000 | 55087 |
|  | Xinhua Winshare <br> Publishing & Media <br> Co. Ltd., Class H<br>| 129000 | 173153 |
|  | Xinhuanet Co. Ltd., <br> Class A<br>| 10790 | 30329 |
|  | Xinjiang <br> Communications <br> Construction Group <br> Co. Ltd., Class A<br>| 26300 | 69931 |
|  | Xinjiang Joinworld Co. <br> Ltd., Class A<br>| 30300 | 34529 |
|  | Xinjiang Qingsong <br> Building Materials & <br> Chemicals Group <br> Co. Ltd., Class A<br>| 50900 | 33700 |
| \* | Xinjiang Xintai Natural <br> Gas Co. Ltd., <br> Class A<br>| 5280 | 21128 |
|  | Xinjiang Xinxin Mining <br> Industry Co. Ltd., <br> Class H<br>| 288000 | 95858 |
|  | Xinjiang Xuefeng <br> Sci-Tech Group Co. <br> Ltd., Class A<br>| 20300 | 25918 |
| \* | Xinte Energy Co. Ltd., <br> Class H<br>| 103200 | 102968 |
|  | Xinxiang Chemical <br> Fiber Co. Ltd., <br> Class A<br>| 39900 | 24533 |
|  | Xinxiang Richful Lube <br> Additive Co. Ltd., <br> Class A<br>| 4940 | 39454 |
|  | Xinxing Ductile Iron <br> Pipes Co. Ltd., <br> Class A<br>| 64700 | 39375 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | Xinyi Energy Holdings <br> Ltd.<br>| 773704 | $126326 |
| # | Xinyi Solar Holdings <br> Ltd.<br>| 1329882 | 612805 |
|  | Xinyu Iron & Steel Co. <br> Ltd., Class A<br>| 95802 | 56581 |
| \* | Xinzhi Group Co. Ltd., <br> Class A<br>| 7900 | 31794 |
|  | Xizang Zhufeng <br> Resources Co. Ltd., <br> Class A<br>| 13500 | 27073 |
|  | Xizi Clean Energy <br> Equipment <br> Manufacturing Co. <br> Ltd., Class A<br>| 12100 | 27240 |
| \* | XPeng, Inc., Class A | 121600 | 1416660 |
|  | Xtep International <br> Holdings Ltd.<br>| 542275 | 392670 |
|  | Xuji Electric Co. Ltd., <br> Class A<br>| 11600 | 43134 |
| \* | Xunlei Ltd., ADR | 27524 | 245239 |
| Ω | Yadea Group Holdings <br> Ltd.<br>| 413501 | 646476 |
|  | Yangling Metron New <br> Material, Inc., <br> Class A<br>| 18088 | 42340 |
| Ω | Yangtze Optical Fibre <br> & Cable Joint Stock <br> Co. Ltd., Class H<br>| 36500 | 167263 |
|  | Yangzhou Yangjie <br> Electronic <br> Technology Co. <br> Ltd., Class A<br>| 5300 | 51944 |
|  | Yankershop Food Co. <br> Ltd., Class A<br>| 5560 | 57371 |
| # | Yankuang Energy <br> Group Co. Ltd., <br> Class H<br>| 990900 | 1360352 |
|  | Yantai Changyu <br> Pioneer Wine Co. <br> Ltd., Class A<br>| 9500 | 28702 |
|  | Yantai China Pet <br> Foods Co. Ltd., <br> Class A<br>| 6800 | 54662 |
|  | Yantai Dongcheng <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 12900 | 28309 |
|  | Yantai Eddie Precision <br> Machinery Co. Ltd., <br> Class A<br>| 17300 | 45493 |
|  | Yantai Jereh Oilfield <br> Services Group Co. <br> Ltd., Class A<br>| 17900 | 125787 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | YanTai Shuangta <br> Food Co. Ltd., <br> Class A<br>| 35700 | $28118 |
|  | Yantai Zhenghai <br> Magnetic Material <br> Co. Ltd., Class A<br>| 12800 | 30066 |
| \* | Yatsen Holding Ltd., <br> ADR<br>| 18246 | 129547 |
| \* | Yeahka Ltd. | 35600 | 39698 |
|  | Yealink Network <br> Technology Corp. <br> Ltd., Class A<br>| 5980 | 30248 |
|  | Yechiu Metal <br> Recycling China <br> Ltd., Class A<br>| 72100 | 31720 |
|  | YGSOFT, Inc., <br> Class A<br>| 22752 | 20794 |
| \* | Yibin Tianyuan Group <br> Co. Ltd., Class A<br>| 18531 | 15165 |
|  | Yifan Pharmaceutical <br> Co. Ltd., Class A<br>| 25000 | 46274 |
|  | Yifeng Pharmacy <br> Chain Co. Ltd., <br> Class A<br>| 14396 | 49430 |
|  | Yihai International <br> Holding Ltd.<br>| 166000 | 254696 |
|  | Yindu Kitchen <br> Equipment Co. Ltd., <br> Class A<br>| 9715 | 24866 |
|  | Yiren Digital Ltd., <br> Sponsored ADR<br>| 26711 | 149047 |
| Ω | Yixin Group Ltd. | 685500 | 199810 |
|  | Yixintang <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 12900 | 24313 |
|  | Yizumi Holdings Co. <br> Ltd., Class A<br>| 15200 | 54009 |
|  | Yonfer Agricultural <br> Technology Co. <br> Ltd., Class A<br>| 33700 | 70451 |
| \* | Yonghui Superstores <br> Co. Ltd., Class A<br>| 71500 | 46985 |
|  | Yongjin Technology <br> Group Co. Ltd.<br>| 7800 | 20098 |
|  | YongXing Special <br> Materials <br> Technology Co. <br> Ltd., Class A<br>| 12550 | 86780 |
| \* | Yonyou Network <br> Technology Co. <br> Ltd., Class A<br>| 4300 | 9436 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Yotrio Group Co. Ltd., <br> Class A<br>| 69200 | $37539 |
| \* | Youcare <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 8600 | 26190 |
| \* | Youdao, Inc., ADR | 5627 | 59027 |
|  | Youngor Fashion Co. <br> Ltd., Class A<br>| 66020 | 69611 |
|  | Youngy Co. Ltd., <br> Class A<br>| 2300 | 15360 |
|  | Youzu Interactive Co. <br> Ltd., Class A<br>| 21200 | 38425 |
|  | YSB, Inc. | 31600 | 37031 |
|  | YTO Express Group <br> Co. Ltd., Class A<br>| 35300 | 84880 |
|  | Yuan Longping <br> High-tech <br> Agriculture Co. Ltd., <br> Class A<br>| 12000 | 16427 |
| \* | YuanShengTai Dairy <br> Farm Ltd.<br>| 158000 | 5188 |
|  | Yuexiu Property Co. <br> Ltd.<br>| 496800 | 286028 |
|  | Yuexiu Services <br> Group Ltd.<br>| 142500 | 46565 |
|  | Yuexiu Transport <br> Infrastructure Ltd.<br>| 154000 | 84165 |
|  | Yueyang Forest & <br> Paper Co. Ltd., <br> Class A<br>| 32100 | 20085 |
|  | Yum China Holdings, <br> Inc. (9987 HK)<br>| 28900 | 1244575 |
|  | Yum China Holdings, <br> Inc. (YUMC US)<br>| 72474 | 3135225 |
|  | YUNDA Holding <br> Group Co. Ltd., <br> Class A<br>| 52010 | 53259 |
|  | Yunnan Aluminium <br> Co. Ltd., Class A<br>| 53300 | 172164 |
|  | Yunnan Baiyao Group <br> Co. Ltd., Class A<br>| 4900 | 39037 |
|  | Yunnan Chihong <br> Zinc&Germanium <br> Co. Ltd., Class A<br>| 85300 | 80841 |
|  | Yunnan Copper Co. <br> Ltd., Class A<br>| 30100 | 76361 |
|  | Yunnan Energy <br> Investment Co. Ltd., <br> Class A<br>| 32600 | 55684 |
| \* | Yunnan Energy New <br> Material Co. Ltd., <br> Class A<br>| 5400 | 36828 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Yunnan Nantian <br> Electronics <br> Information Co. <br> Ltd., Class A<br>| 7700 | $19858 |
|  | Yunnan Tin Co. Ltd., <br> Class A<br>| 46900 | 156295 |
|  | Yunnan Yuntianhua <br> Co. Ltd., Class A<br>| 14000 | 56605 |
|  | Yusys Technologies <br> Co. Ltd., Class A<br>| 12200 | 41103 |
|  | Yutong Bus Co. Ltd., <br> Class A<br>| 21740 | 98782 |
| \* | Z Fin Ltd. | 11000 | 8348 |
| #\* | Zai Lab Ltd., ADR | 985 | 25738 |
| \* | Zai Lab Ltd. | 90200 | 235367 |
|  | ZBOM Home <br> Collection Co. Ltd., <br> Class A<br>| 15356 | 20081 |
|  | Zengame Technology <br> Holding Ltd.<br>| 116000 | 34690 |
| \* | Zepp Health Corp., <br> ADR<br>| 1029 | 41551 |
|  | Zhangzhou <br> Pientzehuang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 1800 | 45067 |
| # | Zhaojin Mining <br> Industry Co. Ltd., <br> Class H<br>| 475500 | 1770542 |
|  | Zhefu Holding Group <br> Co. Ltd., Class A<br>| 129500 | 74783 |
|  | Zhejiang Asia-Pacific <br> Mechanical & <br> Electronic Co. Ltd., <br> Class A<br>| 22500 | 44887 |
|  | Zhejiang Ausun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 21500 | 30962 |
| \* | Zhejiang Century <br> Huatong Group Co. <br> Ltd., Class A<br>| 31680 | 78403 |
|  | Zhejiang Cfmoto <br> Power Co. Ltd., <br> Class A<br>| 1600 | 57572 |
|  | Zhejiang Changsheng <br> Sliding Bearings <br> Co. Ltd., Class A<br>| 1600 | 19671 |
|  | Zhejiang China <br> Commodities City <br> Group Co. Ltd., <br> Class A<br>| 20000 | 51842 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Chint <br> Electrics Co. Ltd., <br> Class A<br>| 20002 | $80650 |
|  | Zhejiang <br> Communications <br> Technology Co. <br> Ltd., Class A<br>| 82620 | 48535 |
|  | Zhejiang Conba <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 47500 | 31240 |
|  | Zhejiang <br> Crystal-Optech Co. <br> Ltd., Class A<br>| 9400 | 32996 |
|  | Zhejiang Dahua <br> Technology Co. <br> Ltd., Class A<br>| 21744 | 62529 |
|  | Zhejiang Daily Digital <br> Culture Group Co. <br> Ltd., Class A<br>| 25100 | 48004 |
|  | Zhejiang Dingli <br> Machinery Co. Ltd., <br> Class A<br>| 5880 | 43915 |
| \* | Zhejiang Dun'An <br> Artificial <br> Environment Co. <br> Ltd., Class A<br>| 24700 | 47885 |
|  | Zhejiang Expressway <br> Co. Ltd., Class H<br>| 291240 | 284310 |
|  | Zhejiang Garden <br> Biopharmaceutical <br> Co. Ltd., Class A<br>| 8900 | 17226 |
|  | Zhejiang <br> Guyuelongshan <br> Shaoxing Wine Co. <br> Ltd., Class A<br>| 19500 | 26033 |
|  | Zhejiang Haikong <br> Nanke Huatie <br> Digital Intelligence <br> & Technology Co. <br> Ltd.<br>| 37996 | 41963 |
|  | Zhejiang Hailiang Co. <br> Ltd., Class A<br>| 40100 | 64864 |
|  | Zhejiang Hailide New <br> Material Co. Ltd., <br> Class A<br>| 35500 | 29163 |
|  | Zhejiang HangKe <br> Technology, Inc. <br> Co., Class A<br>| 13537 | 62210 |
|  | Zhejiang Hangmin Co. <br> Ltd., Class A<br>| 41300 | 41503 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Zhejiang Hisoar <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 35400 | $28569 |
|  | Zhejiang Hisun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 38500 | 60658 |
|  | Zhejiang Huace Film <br> & Television Co. <br> Ltd., Class A<br>| 30900 | 33360 |
|  | Zhejiang Huahai <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 23500 | 63395 |
|  | Zhejiang Huangma <br> Technology Co. <br> Ltd., Class A<br>| 14500 | 37181 |
| \* | Zhejiang Huatong <br> Meat Products Co. <br> Ltd., Class A<br>| 13500 | 20473 |
|  | Zhejiang Huayou <br> Cobalt Co. Ltd., <br> Class A<br>| 16980 | 154804 |
|  | Zhejiang International <br> Group Co. Ltd., <br> Class A<br>| 7200 | 11197 |
|  | Zhejiang Jiahua <br> Energy Chemical <br> Industry Co. Ltd., <br> Class A<br>| 38900 | 46610 |
|  | Zhejiang Jiemei <br> Electronic & <br> Technology Co. <br> Ltd., Class A<br>| 14600 | 65515 |
|  | Zhejiang Jinggong <br> Integration <br> Technology Co. <br> Ltd., Class A<br>| 5800 | 16742 |
|  | Zhejiang Jingsheng <br> Mechanical & <br> Electrical Co. Ltd., <br> Class A<br>| 19300 | 105855 |
|  | Zhejiang Jingxin <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 25160 | 66658 |
|  | Zhejiang JIULI Hi-tech <br> Metals Co. Ltd., <br> Class A<br>| 18400 | 65999 |
|  | Zhejiang Jiuzhou <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 21000 | 58894 |
|  | Zhejiang Jolly <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 20500 | 50503 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Juhua Co. <br> Ltd., Class A<br>| 6300 | $31283 |
|  | Zhejiang Lante Optics <br> Co. Ltd., Class A<br>| 9195 | 41464 |
|  | Zhejiang Longsheng <br> Group Co. Ltd., <br> Class A<br>| 34600 | 51231 |
|  | Zhejiang Medicine Co. <br> Ltd., Class A<br>| 26043 | 53332 |
| \* | Zhejiang Narada <br> Power Source Co. <br> Ltd., Class A<br>| 10300 | 27353 |
|  | Zhejiang NHU Co. <br> Ltd., Class A<br>| 22076 | 75430 |
|  | Zhejiang Orient <br> Financial Holdings <br> Group Co. Ltd., <br> Class A<br>| 44490 | 44879 |
| \* | Zhejiang Orient Gene <br> Biotech Co. Ltd., <br> Class A<br>| 5296 | 19832 |
|  | Zhejiang Qianjiang <br> Motorcycle Co. Ltd., <br> Class A<br>| 21900 | 49422 |
|  | Zhejiang Runtu Co. <br> Ltd., Class A<br>| 37200 | 38282 |
|  | Zhejiang Sanhua <br> Intelligent Controls <br> Co. Ltd., Class A<br>| 11500 | 80755 |
|  | Zhejiang Semir <br> Garment Co. Ltd., <br> Class A<br>| 67100 | 51010 |
|  | Zhejiang Shaoxing <br> RuiFeng Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 38980 | 30033 |
|  | Zhejiang Songyuan <br> Automotive Safety <br> Systems Co. Ltd., <br> Class A<br>| 11760 | 42346 |
|  | Zhejiang Southeast <br> Space Frame Co. <br> Ltd., Class A<br>| 20100 | 13136 |
| \* | Zhejiang Sunriver <br> Culture Tourism Co. <br> Ltd., Class A<br>| 16700 | 16989 |
|  | Zhejiang Supor Co. <br> Ltd., Class A<br>| 4250 | 28506 |
|  | Zhejiang Taihua New <br> Material Group Co. <br> Ltd., Class A<br>| 26900 | 33449 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Zhejiang Tianyu <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 7380 | $27185 |
| Zhejiang Wanfeng <br> Auto Wheel Co. <br> Ltd., Class A<br>| 20700 | 49493 |
| Zhejiang Wanliyang <br> Co. Ltd., Class A<br>| 40300 | 51035 |
| Zhejiang Wanma Co. <br> Ltd., Class A<br>| 31700 | 80042 |
| Zhejiang Wansheng <br> Co. Ltd., Class A<br>| 14800 | 23587 |
| Zhejiang Weiming <br> Environment <br> Protection Co. Ltd., <br> Class A<br>| 32377 | 98513 |
| Zhejiang Weixing <br> Industrial <br> Development Co. <br> Ltd., Class A<br>| 24400 | 37325 |
| Zhejiang Weixing New <br> Building Materials <br> Co. Ltd., Class A<br>| 23500 | 34123 |
| Zhejiang Wolwo <br> Bio-Pharmaceutical <br> Co. Ltd., Class A<br>| 7200 | 34336 |
| Zhejiang Xianju <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 31100 | 41412 |
| Zhejiang Xinan <br> Chemical Industrial <br> Group Co. Ltd., <br> Class A<br>| 40420 | 57260 |
| Zhejiang Yasha <br> Decoration Co. Ltd., <br> Class A<br>| 25400 | 14396 |
| Zhejiang Yinlun <br> Machinery Co. Ltd., <br> Class A<br>| 23500 | 126240 |
| Zhejiang Yonghe <br> Refrigerant Co. Ltd., <br> Class A<br>| 11200 | 43577 |
| Zhende Medical Co. <br> Ltd., Class A<br>| 9000 | 120249 |
| Zhenjiang Dongfang <br> Electric Heating <br> Technology Co. <br> Ltd., Class A<br>| 45400 | 34431 |
| Zheshang Securities <br> Co. Ltd., Class A<br>| 22000 | 35941 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhewen Interactive <br> Group Co. Ltd., <br> Class A<br>| 31700 | $38962 |
| #\* | Zhihu, Inc. | 33000 | 46588 |
| \*Ω | ZhongAn Online P&C <br> Insurance Co. Ltd., <br> Class H<br>| 242400 | 521928 |
|  | Zhongji Innolight Co. <br> Ltd., Class A<br>| 2240 | 147922 |
|  | Zhongjin Gold Corp. <br> Ltd., Class A<br>| 38900 | 120827 |
|  | ZhongMan Petroleum <br> & Natural Gas <br> Group Corp. Ltd., <br> Class A<br>| 12800 | 37786 |
|  | Zhongshan Broad <br> Ocean Motor Co. <br> Ltd., Class A<br>| 52500 | 90486 |
|  | Zhongshan Public <br> Utilities Group Co. <br> Ltd., Class A<br>| 20300 | 35425 |
|  | Zhongsheng Group <br> Holdings Ltd.<br>| 240500 | 379653 |
|  | Zhongtai Securities <br> Co. Ltd., Class A<br>| 43500 | 42690 |
| \*†† | Zhongtian Financial <br> Group Co. Ltd., <br> Class A<br>| 187255 | 0 |
|  | Zhongtong Bus <br> Holding Co. Ltd., <br> Class A<br>| 13500 | 22302 |
| # | Zhongyu Energy <br> Holdings Ltd.<br>| 167477 | 67224 |
| #Ω | Zhongyuan Bank Co. <br> Ltd., Class H<br>| 250000 | 9982 |
|  | Zhongyuan <br> Environment-Protection <br> Co. Ltd., Class A<br>| 40400 | 49952 |
| Ω | Zhou Hei Ya <br> International <br> Holdings Co. Ltd.<br>| 279000 | 65463 |
|  | Zhuhai Huafa <br> Properties Co. Ltd., <br> Class A<br>| 55300 | 38249 |
|  | Zhuzhou CRRC Times <br> Electric Co. Ltd., <br> Class H<br>| 122800 | 624085 |
|  | Zhuzhou Hongda <br> Electronics Corp. <br> Ltd., Class A<br>| 2900 | 17444 |
|  | Zhuzhou Kibing Group <br> Co. Ltd., Class A<br>| 50200 | 50102 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Zhuzhou Smelter <br> Group Co. Ltd., <br> Class A<br>| 29300 | $64473 |
|  | Zhuzhou Times New <br> Material Technology <br> Co. Ltd., Class A<br>| 24200 | 49658 |
|  | Zibo Qixiang Tengda <br> Chemical Co. Ltd., <br> Class A<br>| 62500 | 42266 |
|  | Zijin Mining Group Co. <br> Ltd., Class H<br>| 760000 | 3144129 |
|  | ZJAMP Group Co. <br> Ltd., Class A<br>| 8300 | 11040 |
| #Ω | ZJLD Group, Inc. | 16600 | 18654 |
|  | ZJMI Environmental <br> Energy Co. Ltd., <br> Class A<br>| 19700 | 39162 |
|  | ZMJ Group Co. Ltd., <br> Class H<br>| 99800 | 275496 |
|  | Zoomlion Heavy <br> Industry Science & <br> Technology Co. <br> Ltd., Class H<br>| 406800 | 392778 |
| # | ZTE Corp., Class H | 103360 | 436596 |
|  | ZTO Express <br> Cayman, Inc. (2057 <br> HK)<br>| 99650 | 1838421 |
|  | ZTO Express <br> Cayman, Inc. (ZTO <br> US), ADR<br>| 28315 | 526376 |
| #Ω | Zylox-Tonbridge <br> Medical Technology <br> Co. Ltd., Class H<br>| 24000 | 72933 |
| TOTAL CHINA | TOTAL CHINA |  | 435157857 |
| COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) |
|  | Almacenes Exito SA | 17483 | 16781 |
|  | Celsia SA | 66913 | 84885 |
|  | Cementos Argos SA | 65751 | 176033 |
| \* | Corp. Financiera <br> Colombiana SA<br>| 41190 | 194695 |
|  | Grupo Argos SA | 44231 | 199659 |
|  | Grupo Cibest SA | 12889 | 208984 |
|  | Grupo Cibest SA, <br> ADR<br>| 7094 | 411736 |
|  | Grupo de Inversiones <br> Suramericana SA<br>| 13197 | 160432 |
|  | Grupo Energia Bogota <br> SA ESP<br>| 88951 | 72690 |
|  | Interconexion Electrica <br> SA ESP<br>| 24653 | 159890 |
|  | Mineros SA | 44303 | 156309 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COLOMBIA — (Continued) | COLOMBIA — (Continued) | COLOMBIA — (Continued) | COLOMBIA — (Continued) |
|  | Organizacion Terpel <br> SA<br>| 7709 | $32919 |
|  | Promigas SA ESP | 11599 | 19348 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 1894361 |
| CZECH REPUBLIC — (0.0%) | CZECH REPUBLIC — (0.0%) | CZECH REPUBLIC — (0.0%) | CZECH REPUBLIC — (0.0%) |
|  | CEZ AS | 12725 | 779261 |
|  | Komercni Banka AS | 9798 | 501228 |
| Ω | Moneta Money Bank <br> AS<br>| 96987 | 820947 |
|  | Philip Morris CR AS | 132 | 112527 |
| TOTAL CZECH <br> REPUBLIC | TOTAL CZECH <br> REPUBLIC |  | 2213963 |
| DENMARK — (1.4%) | DENMARK — (1.4%) | DENMARK — (1.4%) | DENMARK — (1.4%) |
| \* | ALK-Abello AS | 43956 | 1450039 |
|  | Alm Brand AS | 345580 | 972566 |
| # | Ambu AS, Class B | 44710 | 695442 |
| # | AP Moller - Maersk <br> AS (MAERSKA <br> DC), Class A<br>| 328 | 676059 |
|  | AP Moller - Maersk <br> AS (MAERSKB <br> DC), Class B<br>| 476 | 978621 |
| \* | Bang & Olufsen AS | 38004 | 77693 |
| \* | Bavarian Nordic AS | 29195 | 1078707 |
| #\* | Bioporto AS | 51729 | 10144 |
|  | Carlsberg AS, <br> Class B<br>| 16103 | 1893383 |
| # | cBrain AS | 2762 | 64317 |
|  | Chemometec AS | 2593 | 316892 |
|  | Coloplast AS, Class B | 12032 | 1088227 |
| # | Columbus AS | 22994 | 34363 |
|  | D/S Norden AS | 11411 | 456088 |
|  | Danske Bank AS | 88541 | 3957180 |
| #\* | Demant AS | 25927 | 862595 |
| \* | Dfds AS | 9651 | 136079 |
| # | DSV AS | 13984 | 2984328 |
|  | FLSmidth & Co. AS | 15154 | 1180188 |
|  | Foroya Banki P | 1557 | 52606 |
| \* | Genmab AS (GMAB <br> DC)<br>| 11337 | 3233628 |
| #\* | GN Store Nord AS | 40561 | 710247 |
|  | H Lundbeck AS <br> (HLUNA DC), <br> Class A<br>| 15876 | 89655 |
|  | H Lundbeck AS <br> (HLUNB DC)<br>| 81972 | 597833 |
| #\* | H&H International AS, <br> Class B<br>| 7342 | 100851 |
| # | Harboes Bryggeri AS, <br> Class B<br>| 361 | 7237 |
| #\* | Huscompagniet AS | 6484 | 43269 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
|  | ISS AS | 49193 | $1550509 |
|  | Jeudan AS | 1549 | 49082 |
|  | Jyske Bank AS | 23137 | 2719458 |
|  | Matas AS | 14399 | 285845 |
|  | MT Hoejgaard Holding <br> AS<br>| 809 | 53070 |
| #\*Ω | Netcompany Group <br> AS<br>| 13978 | 698455 |
| \* | Nilfisk Holding AS | 5306 | 88072 |
| \* | NKT AS | 21035 | 2354674 |
| \*Ω | NNIT AS | 3224 | 27540 |
| \* | North Media AS | 1381 | 10764 |
| # | Novo Nordisk AS <br> (NOVOB DC), <br> Class B<br>| 260349 | 12817416 |
| # | Novonesis <br> Novozymes B, <br> Class B<br>| 47182 | 2819578 |
| #\* | NTG Nordic Transport <br> Group AS<br>| 2304 | 65017 |
| \*Ω | Orsted AS | 33671 | 603022 |
|  | Pandora AS | 25412 | 3400346 |
|  | Parken Sport & <br> Entertainment AS<br>| 2257 | 50322 |
|  | Per Aarsleff Holding <br> AS<br>| 8213 | 932615 |
|  | Ringkjoebing <br> Landbobank AS<br>| 10234 | 2314478 |
|  | Rockwool AS, <br> Class A<br>| 18180 | 622704 |
|  | Rockwool AS, <br> Class B<br>| 36998 | 1267762 |
|  | Royal Unibrew AS | 19787 | 1495505 |
| \* | RTX AS | 3370 | 56196 |
| Ω | Scandinavian Tobacco <br> Group AS<br>| 22732 | 301383 |
|  | Schouw & Co. AS | 5347 | 491615 |
| # | Solar AS, Class B | 1720 | 54574 |
|  | SP Group AS | 2778 | 125289 |
|  | Sparekassen <br> Sjaelland-Fyn AS<br>| 3119 | 162272 |
|  | Sydbank AS | 27804 | 2373663 |
|  | Tivoli AS | 821 | 75036 |
|  | TORM PLC, Class A | 18342 | 395652 |
| \* | Trifork Group AG | 3928 | 51873 |
| # | Tryg AS | 64674 | 1594148 |
|  | UIE PLC | 5984 | 290908 |
|  | Vestas Wind Systems <br> AS<br>| 129050 | 2639344 |
|  | Vestjysk Bank AS | 40592 | 44511 |
| \* | Zealand Pharma AS | 11773 | 932122 |
| TOTAL DENMARK | TOTAL DENMARK |  | 67563057 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| EGYPT — (0.0%) | EGYPT — (0.0%) | EGYPT — (0.0%) | EGYPT — (0.0%) |
|  | Commercial <br> International Bank - <br> Egypt (CIB) (CBKD <br> LI), GDR<br>| 95981 | $204633 |
|  | Commercial <br> International Bank - <br> Egypt (CIB) <br> (CMGGF US), <br> GDR<br>| 53549 | 114328 |
|  | EFG Holding SAE <br> (EFGZF US), GDR<br>| 10327 | 10327 |
| TOTAL EGYPT | TOTAL EGYPT |  | 329288 |
| FINLAND — (1.1%) | FINLAND — (1.1%) | FINLAND — (1.1%) | FINLAND — (1.1%) |
|  | Aktia Bank OYJ | 20181 | 248887 |
| # | Alandsbanken Abp, <br> Class B<br>| 331 | 17283 |
|  | Alma Media OYJ | 9053 | 154493 |
| # | Anora Group OYJ | 12222 | 44318 |
|  | Aspo OYJ | 1832 | 13221 |
|  | Atria OYJ | 5381 | 85035 |
|  | Bittium OYJ | 6855 | 134403 |
|  | Citycon OYJ | 15919 | 54052 |
|  | Digia OYJ | 4257 | 29736 |
|  | Elisa OYJ | 43702 | 1925694 |
| Ω | Enento Group OYJ | 3284 | 58386 |
| # | eQ OYJ | 496 | 6289 |
| # | Evli OYJ, Class B | 1046 | 25922 |
|  | Finnair OYJ | 8706 | 28595 |
| # | Fiskars OYJ Abp | 7723 | 116446 |
| # | Fortum OYJ | 104535 | 2331122 |
|  | F-Secure OYJ | 31078 | 61363 |
|  | Gofore OYJ | 2086 | 34019 |
|  | Harvia OYJ | 5540 | 231536 |
|  | Hiab OYJ | 15100 | 836242 |
|  | Huhtamaki OYJ | 35060 | 1178255 |
| \* | Incap OYJ | 4186 | 45108 |
|  | Kalmar OYJ, Class B | 15100 | 625590 |
| # | Kamux Corp. | 6742 | 15124 |
|  | Kemira OYJ | 32708 | 719879 |
|  | Kesko OYJ (KESKOA <br> FH), Class A<br>| 26904 | 575072 |
|  | Kesko OYJ (KESKOB <br> FH), Class B<br>| 108737 | 2293765 |
| \* | Kojamo OYJ | 24486 | 296702 |
|  | Kone OYJ, Class B | 43747 | 2922870 |
|  | Konecranes OYJ | 25881 | 2554651 |
|  | Lassila & Tikanoja <br> OYJ<br>| 10839 | 124158 |
| \* | Lindex Group OYJ | 23214 | 72414 |
|  | Mandatum OYJ | 102038 | 731843 |
|  | Marimekko OYJ | 15377 | 226669 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) |
| # | Metsa Board OYJ <br> (METSB FH), <br> Class B<br>| 37011 | $125550 |
| # | Metso OYJ | 211132 | 3462352 |
|  | Neste OYJ | 51540 | 1067943 |
| # | NoHo Partners OYJ | 1855 | 19085 |
| # | Nokia OYJ (NOK US), <br> Sponsored ADR<br>| 34109 | 235693 |
|  | Nokia OYJ (NOKIA <br> FH)<br>| 457505 | 3120777 |
|  | Nokia OYJ (NOKIA <br> FP)<br>| 66112 | 448591 |
| # | Nokian Renkaat OYJ | 14250 | 143701 |
|  | Nordea Bank Abp <br> (NDA FH)<br>| 198861 | 3401876 |
|  | Nordea Bank Abp <br> (NDA SS)<br>| 201732 | 3447127 |
|  | Olvi OYJ, Class A | 5575 | 190258 |
| # | Oma Saastopankki <br> OYJ<br>| 3577 | 45198 |
|  | Oriola OYJ (OKDBV <br> FH), Class B<br>| 42960 | 58461 |
| # | Orion OYJ (ORNAV <br> FH), Class A<br>| 8695 | 608813 |
|  | Orion OYJ (ORNBV <br> FH), Class B<br>| 43783 | 3057496 |
|  | Outokumpu OYJ | 109436 | 470696 |
|  | Pihlajalinna OYJ | 4982 | 85592 |
|  | Ponsse OYJ | 2075 | 60758 |
|  | Puuilo OYJ | 27624 | 452311 |
| #\* | QT Group OYJ | 5995 | 245637 |
|  | Raisio OYJ, Class V | 27644 | 80149 |
| #\* | Remedy <br> Entertainment OYJ<br>| 412 | 6509 |
|  | Revenio Group OYJ | 6686 | 186612 |
|  | Sampo OYJ, Class A | 322327 | 3590792 |
|  | Sanoma OYJ | 30643 | 374534 |
|  | Scanfil OYJ | 4566 | 57585 |
| # | Stora Enso OYJ, <br> Class R<br>| 187526 | 2183581 |
|  | Taaleri PLC | 5530 | 45901 |
| # | Talenom OYJ | 3546 | 12911 |
| Ω | Terveystalo OYJ | 40626 | 437051 |
|  | TietoEVRY OYJ | 28422 | 610035 |
| # | Tokmanni Group <br> Corp.<br>| 24258 | 239791 |
| # | UPM-Kymmene OYJ | 101986 | 2736519 |
|  | Vaisala OYJ, Class A | 6965 | 343895 |
| # | Valmet OYJ | 40170 | 1307078 |
|  | Wartsila OYJ Abp | 90607 | 2964398 |
| \* | WithSecure OYJ | 26041 | 51565 |
| #\* | YIT OYJ | 42451 | 143492 |
| TOTAL FINLAND | TOTAL FINLAND |  | 54939455 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (4.9%) | FRANCE — (4.9%) | FRANCE — (4.9%) | FRANCE — (4.9%) |
| \* | 74Software SA | 4569 | $188467 |
|  | ABC arbitrage | 2595 | 16033 |
|  | Accor SA | 26115 | 1328545 |
|  | Aeroports de Paris <br> SA<br>| 9624 | 1320230 |
| \* | Air France-KLM | 15284 | 203754 |
|  | Air Liquide SA | 17825 | 3449830 |
|  | Airbus SE | 29200 | 7199874 |
|  | AKWEL SADIR | 4438 | 56749 |
| \* | Alstom SA | 112232 | 2806650 |
| # | Altamir | 4354 | 137734 |
|  | Alten SA | 9742 | 802305 |
| Ω | Amundi SA | 16864 | 1250168 |
| #\*Ω | Aramis Group SAS | 2715 | 19668 |
|  | Arkema SA | 17315 | 1027865 |
|  | Assystem SA | 2173 | 108985 |
|  | Aubay | 2806 | 161823 |
|  | AXA SA | 89591 | 3887211 |
| Ω | Ayvens SA | 17490 | 233339 |
| \* | Bastide le Confort <br> Medical<br>| 1570 | 44696 |
| # | Beneteau SACA | 12120 | 116825 |
|  | BioMerieux | 5625 | 724222 |
|  | BNP Paribas SA | 71751 | 5557686 |
|  | Boiron SA | 2514 | 81421 |
|  | Bollore SE | 141009 | 785192 |
|  | Bonduelle SCA | 4529 | 46411 |
|  | Bouygues SA | 73956 | 3338234 |
|  | Bureau Veritas SA | 77376 | 2542764 |
|  | Capgemini SE | 23187 | 3567213 |
|  | Carrefour SA | 187481 | 2823641 |
|  | Carrefour SA, BDR | 18865 | 299178 |
|  | Catana Group | 7299 | 24579 |
|  | CBo Territoria | 9164 | 38448 |
| \* | Cegedim SA | 2736 | 35940 |
|  | Cie de Saint-Gobain <br> SA<br>| 70887 | 6880434 |
|  | Cie des Alpes | 7009 | 160791 |
|  | Cie Generale des <br> Etablissements <br> Michelin SCA<br>| 181642 | 5802629 |
| \* | Claranova SE | 4482 | 8726 |
| \* | Clariane SE | 33278 | 143068 |
|  | Coface SA | 44297 | 780171 |
|  | Credit Agricole SA | 85531 | 1543952 |
|  | Danone SA | 37515 | 3313198 |
|  | Dassault Aviation SA | 2251 | 725374 |
|  | Dassault Systemes <br> SE<br>| 11504 | 327378 |
|  | Derichebourg SA | 50289 | 343048 |
|  | Edenred SE | 28380 | 815759 |
|  | Eiffage SA | 31274 | 3848258 |
| #\* | Ekinops SAS | 4936 | 8954 |
|  | Electricite de <br> Strasbourg SA<br>| 236 | 47607 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
| \*Ω | Elior Group SA | 27249 | $87997 |
|  | Elis SA | 73732 | 2053373 |
| \* | Emeis SA | 2255 | 37230 |
|  | Engie SA | 406423 | 9515562 |
|  | Equasens | 140 | 6128 |
| # | Eramet SA | 2307 | 157939 |
|  | EssilorLuxottica SA | 9442 | 3457836 |
|  | Esso SA Francaise | 1013 | 113896 |
|  | Etablissements Maurel <br> et Prom SA<br>| 28084 | 156540 |
|  | Eurazeo SE | 15983 | 1089527 |
| \* | Euroapi SA | 10711 | 39619 |
|  | Eurofins Scientific SE | 35523 | 2505418 |
| Ω | Euronext NV | 15958 | 2280586 |
| #\* | Eutelsat <br> Communications <br> SACA<br>| 3030 | 11722 |
|  | Exel Industries SA, <br> Class A<br>| 410 | 16260 |
|  | FDJ UNITED | 30545 | 889993 |
| \* | Figeac Aero | 2158 | 30231 |
|  | Fnac Darty SA (FNAC <br> FP)<br>| 3997 | 130899 |
| \* | Forvia SE (1EO IM) | 5777 | 74315 |
| \* | Forvia SE (FRVIA <br> FP)<br>| 50613 | 648128 |
|  | Gaztransport Et <br> Technigaz SA<br>| 14585 | 2888266 |
|  | Getlink SE | 72125 | 1316513 |
|  | GL Events SACA | 2338 | 74666 |
|  | Groupe Crit SA | 1179 | 84301 |
| #\* | Guerbet | 2270 | 41658 |
|  | Hermes International <br> SCA<br>| 2123 | 5253276 |
| \* | ID Logistics Group <br> SACA<br>| 1122 | 509597 |
|  | Imerys SA | 10735 | 264424 |
|  | Infotel SA | 1378 | 64009 |
|  | Interparfums SA | 2434 | 80064 |
|  | Ipsen SA | 11663 | 1639015 |
|  | IPSOS SA | 18653 | 714996 |
|  | Jacquet Metals SACA | 4441 | 89669 |
|  | JCDecaux SE | 23660 | 430481 |
|  | Kaufman & Broad SA | 3835 | 129056 |
|  | Kering SA | 4338 | 1540497 |
|  | Laurent-Perrier | 647 | 69805 |
|  | Lectra | 749 | 19864 |
|  | Legrand SA | 19547 | 3375527 |
|  | Linedata Services | 520 | 26892 |
|  | LISI SA | 3575 | 209406 |
|  | LNA Sante SA | 2281 | 63601 |
|  | L'Oreal SA | 10642 | 4441027 |
|  | LVMH Moet Hennessy <br> Louis Vuitton SE<br>| 21810 | 15415801 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
| #\*Ω | Maisons du Monde <br> SA<br>| 8797 | $20733 |
|  | Manitou BF SA | 3915 | 78634 |
|  | Mersen SA | 5275 | 133334 |
|  | Metropole Television <br> SA<br>| 7877 | 108674 |
|  | Nexans SA | 11535 | 1624153 |
| #\* | Nexity SA | 4626 | 48420 |
|  | NRJ Group | 7637 | 70933 |
|  | Oeneo SA | 5165 | 55010 |
|  | Opmobility | 19392 | 316742 |
|  | Orange SA (ORA FP) | 528044 | 8446784 |
|  | Pernod Ricard SA | 19214 | 1881829 |
| \* | Pierre Et Vacances <br> SA<br>| 36881 | 69110 |
|  | Pluxee NV | 21987 | 424734 |
|  | Publicis Groupe SA <br> (PUB FP)<br>| 39525 | 3961556 |
|  | Quadient SA | 8674 | 149292 |
| # | Remy Cointreau SA | 1827 | 90519 |
|  | Renault SA | 64701 | 2514228 |
|  | Rexel SA | 77184 | 2676353 |
|  | Robertet SA | 148 | 142042 |
|  | Rubis SCA | 14682 | 533132 |
|  | Safran SA | 19874 | 7061596 |
|  | Sanofi SA (SAN FP) | 55079 | 5571945 |
|  | Sartorius Stedim <br> Biotech<br>| 1038 | 248258 |
|  | Savencia SA | 1762 | 126759 |
|  | Schneider Electric SE <br> (0NWV LI)<br>| 523 | 147685 |
|  | Schneider Electric SE <br> (SU FP)<br>| 16920 | 4821012 |
|  | SCOR SE | 48269 | 1461188 |
|  | SEB SA | 7970 | 441011 |
| # | Seche Environnement <br> SACA<br>| 1125 | 91081 |
|  | SES SA | 134276 | 1028872 |
| \*Ω | SMCP SA | 15820 | 111414 |
|  | Societe BIC SA | 6485 | 360835 |
|  | Societe Generale SA | 92987 | 5897292 |
|  | Societe LDC SADIR | 2226 | 236818 |
|  | Sodexo SA | 25211 | 1395944 |
| \* | SOITEC | 3311 | 156675 |
| \* | Solutions 30 SE | 18671 | 21482 |
|  | Sopra Steria Group | 6130 | 954112 |
|  | SPIE SA | 48709 | 2478915 |
|  | Stef SA | 1976 | 275633 |
|  | STMicroelectronics <br> NV (STM FP)<br>| 35182 | 863925 |
|  | STMicroelectronics <br> NV (STM US)<br>| 43513 | 1064763 |
|  | Sword Group | 2456 | 103927 |
|  | Synergie SE | 3061 | 118568 |
|  | Technip Energies NV | 57052 | 2318254 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Teleperformance SE | 16151 | $1153320 |
|  | Television Francaise 1 <br> SA<br>| 13867 | 126863 |
|  | TFF Group | 687 | 14732 |
|  | Thales SA | 11933 | 3402728 |
|  | Thermador Groupe | 1429 | 125827 |
|  | Tikehau Capital SCA | 9093 | 188880 |
|  | TotalEnergies SE <br> (TTE FP)<br>| 358432 | 22378709 |
|  | Trigano SA | 3519 | 585597 |
| \* | Ubisoft Entertainment <br> SA<br>| 15868 | 141669 |
|  | Valeo SE | 69993 | 967670 |
|  | Vallourec SACA | 74061 | 1380843 |
|  | Veolia Environnement <br> SA (VEOEY US), <br> ADR<br>| 2434 | 40124 |
|  | Veolia Environnement <br> SA (VIE FP)<br>| 59845 | 1977704 |
|  | Vetoquinol SA | 997 | 85739 |
|  | Vicat SACA | 6500 | 487295 |
|  | VIEL & Cie SA | 945 | 19180 |
|  | Vinci SA | 71180 | 9517923 |
|  | Virbac SACA | 759 | 310357 |
| \* | Viridien | 1577 | 193110 |
|  | Vivendi SE | 187911 | 676850 |
| #\* | Voltalia SA | 10199 | 83937 |
|  | Wavestone | 2002 | 119134 |
| #\*Ω | Worldline SA | 3859 | 10461 |
| \*Ω | X-Fab Silicon <br> Foundries SE<br>| 17637 | 111913 |
| TOTAL FRANCE | TOTAL FRANCE |  | 235825378 |
| GERMANY — (4.8%) | GERMANY — (4.8%) | GERMANY — (4.8%) | GERMANY — (4.8%) |
|  | 1&1 AG | 12950 | 319754 |
| \* | 7C Solarparken AG | 20662 | 37889 |
|  | Adesso SE | 970 | 104743 |
|  | adidas AG | 18670 | 3530168 |
|  | Adtran Networks SE | 1667 | 41517 |
|  | AIXTRON SE | 18725 | 300067 |
|  | All for One Group SE | 816 | 38382 |
|  | Allgeier SE | 2177 | 45894 |
|  | Allianz SE (ALV GR) | 19420 | 7803764 |
|  | AlzChem Group AG | 1800 | 346774 |
|  | Amadeus Fire AG | 1367 | 83139 |
| \* | Aroundtown SA | 126486 | 451992 |
|  | Atoss Software SE | 3038 | 407442 |
| Ω | Aumann AG | 1873 | 27179 |
| \* | Aumovio SE | 17274 | 742676 |
|  | Aurubis AG | 14817 | 1931941 |
|  | BASF SE | 165308 | 8156598 |
|  | Bayer AG | 232475 | 7231016 |
|  | Bayerische Motoren <br> Werke AG<br>| 27477 | 2562088 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
| #\* | BayWa AG (BYW6 <br> GR)<br>| 3491 | $20753 |
|  | Bechtle AG | 29170 | 1233005 |
| Ω | Befesa SA | 10694 | 354164 |
| # | Beiersdorf AG | 14057 | 1490239 |
|  | Bertrandt AG | 1589 | 36681 |
|  | Bijou Brigitte AG | 1462 | 68603 |
|  | Bilfinger SE | 8279 | 893242 |
| # | Borussia Dortmund <br> GmbH & Co. KGaA<br>| 29896 | 118169 |
| #\* | BRANICKS Group <br> AG<br>| 13392 | 30203 |
| # | Brenntag SE | 39795 | 2210164 |
| \*Ω | Brockhaus <br> Technologies AG<br>| 1041 | 15476 |
|  | CANCOM SE (COK <br> GR)<br>| 7275 | 206947 |
|  | Carl Zeiss Meditec <br> AG<br>| 4497 | 228092 |
| \* | Ceconomy AG | 22310 | 114219 |
| #\* | CENIT AG | 2780 | 22635 |
|  | Cewe Stiftung & Co. <br> KGaA<br>| 3436 | 393702 |
|  | Commerzbank AG | 167433 | 6105090 |
|  | Continental AG | 34548 | 2639877 |
| \* | Covestro AG | 46546 | 3251038 |
|  | CTS Eventim AG & <br> Co. KGaA<br>| 19710 | 1765845 |
| # | Daimler Truck Holding <br> AG<br>| 107108 | 4293173 |
|  | Dermapharm Holding <br> SE<br>| 5013 | 197391 |
|  | Deutsche Bank AG <br> (DBK GR)<br>| 163012 | 5835857 |
|  | Deutsche Beteiligungs <br> AG<br>| 4089 | 112026 |
|  | Deutsche Boerse AG | 20517 | 5195724 |
|  | Deutsche EuroShop <br> AG<br>| 3358 | 71803 |
|  | Deutsche Lufthansa <br> AG<br>| 125694 | 1101946 |
| Ω | Deutsche <br> Pfandbriefbank AG<br>| 36107 | 189906 |
|  | Deutsche Post AG | 198622 | 9125956 |
|  | Deutsche Telekom AG <br> (DTE GR)<br>| 555726 | 17213708 |
|  | Deutsche Wohnen <br> SE<br>| 10013 | 249552 |
|  | Deutz AG | 3190 | 31619 |
|  | Draegerwerk AG & <br> Co. KGaA<br>| 1349 | 95000 |
|  | Duerr AG | 17076 | 398291 |
| Ω | DWS Group GmbH & <br> Co. KGaA<br>| 17869 | 1143966 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | E.ON SE | 503516 | $9368608 |
|  | Eckert & Ziegler SE | 12987 | 253803 |
|  | Elmos Semiconductor <br> SE<br>| 2766 | 261578 |
|  | ElringKlinger AG | 10977 | 51234 |
| # | Energiekontor AG | 2490 | 97156 |
|  | Evonik Industries AG | 77343 | 1296117 |
| \* | Evotec SE | 45380 | 369570 |
|  | Fabasoft AG | 2009 | 34951 |
|  | Fielmann Group AG | 8763 | 478579 |
|  | flatexDEGIRO AG | 29434 | 1116489 |
| \* | Fraport AG Frankfurt <br> Airport Services <br> Worldwide<br>| 11628 | 996691 |
|  | Freenet AG | 53644 | 1668213 |
|  | Fresenius Medical <br> Care AG (FME GR)<br>| 48062 | 2580316 |
|  | Fresenius SE & Co. <br> KGaA<br>| 48965 | 2817591 |
|  | Friedrich Vorwerk <br> Group SE<br>| 3434 | 369730 |
|  | FUCHS SE | 9228 | 327336 |
|  | GEA Group AG | 59438 | 4251459 |
| # | Gerresheimer AG | 8059 | 256515 |
|  | Gesco SE | 3358 | 61519 |
|  | GFT Technologies SE | 9166 | 188298 |
| \* | Grand City Properties <br> SA<br>| 12851 | 163635 |
|  | Grenke AG | 5838 | 100589 |
|  | Hannover Rueck SE | 11514 | 3286999 |
| Ω | Hapag-Lloyd AG | 5005 | 719625 |
|  | Hawesko Holding SE | 778 | 18795 |
|  | Heidelberg Materials <br> AG<br>| 30124 | 7067196 |
| #\* | Heidelberger <br> Druckmaschinen <br> AG<br>| 86261 | 194548 |
|  | Hella GmbH & Co. <br> KGaA<br>| 307 | 28577 |
| \* | HelloFresh SE | 48887 | 396306 |
|  | Henkel AG & Co. <br> KGaA<br>| 12889 | 962467 |
| # | Hensoldt AG | 17547 | 1870468 |
|  | HOCHTIEF AG | 5257 | 1508963 |
|  | Hornbach Holding AG <br> & Co. KGaA<br>| 3806 | 380818 |
|  | HUGO BOSS AG | 13959 | 619290 |
|  | Indus Holding AG | 3917 | 101440 |
|  | Infineon Technologies <br> AG (IFX GR)<br>| 219558 | 8714893 |
|  | Init Innovation in <br> Traffic Systems SE<br>| 1931 | 104088 |
| Ω | Instone Real Estate <br> Group SE<br>| 10303 | 98614 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | IVU Traffic <br> Technologies AG<br>| 3219 | $76118 |
|  | Jenoptik AG | 12788 | 288829 |
| Ω | JOST Werke SE | 4249 | 247545 |
| # | K&S AG | 59181 | 770975 |
|  | KION Group AG | 22697 | 1612722 |
|  | Kloeckner & Co. SE | 10042 | 64212 |
|  | Knorr-Bremse AG | 19436 | 1808480 |
| \* | Koenig & Bauer AG | 4757 | 72999 |
| # | Kontron AG | 13947 | 364548 |
|  | Krones AG | 6122 | 889211 |
|  | KWS Saat SE & Co. <br> KGaA<br>| 3782 | 291530 |
|  | Lanxess AG | 21942 | 522517 |
|  | LEG Immobilien SE | 15125 | 1152740 |
|  | Leifheit AG | 2142 | 36783 |
| \* | LPKF Laser & <br> Electronics SE<br>| 3814 | 28991 |
| \* | Medios AG | 3882 | 54639 |
|  | Mercedes-Benz Group <br> AG<br>| 45834 | 2973918 |
|  | Merck KGaA | 3786 | 495942 |
|  | MLP SE | 29957 | 245870 |
|  | MTU Aero Engines <br> AG<br>| 5648 | 2468318 |
|  | Muenchener <br> Rueckversicherungs-Gesellschaft <br> AG in Muenchen<br>| 8654 | 5354177 |
|  | Multitude PLC | 915 | 7198 |
|  | Mutares SE & Co. <br> KGaA<br>| 5859 | 187032 |
|  | Nagarro SE | 1536 | 85668 |
|  | Nemetschek SE | 16704 | 1930156 |
| \* | Nordex SE | 33573 | 991435 |
|  | Norma Group SE | 7392 | 119946 |
| # | Patrizia SE | 11045 | 92493 |
| \* | Pentixapharm Holding <br> AG<br>| 3524 | 6259 |
|  | Pfeiffer Vacuum <br> Technology AG<br>| 1648 | 296279 |
|  | ProCredit Holding AG | 6800 | 60728 |
| # | Puma SE (PUM GR) | 15305 | 325428 |
| \* | PVA TePla AG | 7215 | 220635 |
|  | PWO AG | 638 | 21481 |
| \* | q.beyond AG | 24466 | 24054 |
| # | Qiagen NV | 42552 | 1996498 |
|  | Rational AG | 1534 | 1125340 |
|  | Rheinmetall AG | 6001 | 11796671 |
| # | RTL Group SA | 12174 | 470051 |
|  | RWE AG | 75013 | 3692929 |
| # | Salzgitter AG | 7562 | 245401 |
|  | SAP SE (SAP GR) | 18493 | 4809518 |
|  | Schaeffler AG | 43525 | 353118 |
|  | Schott Pharma AG & <br> Co. KGaA<br>| 2111 | 47400 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
| Ω | Scout24 SE | 7542 | $872204 |
|  | Secunet Security <br> Networks AG<br>| 327 | 75120 |
| #\* | SFC Energy AG | 2801 | 51070 |
| #\* | SGL Carbon SE | 8070 | 28578 |
|  | Siemens AG (SIE <br> GR)<br>| 18211 | 5160946 |
| \* | Siemens Energy AG | 46535 | 5797577 |
| Ω | Siemens Healthineers <br> AG<br>| 10407 | 583312 |
| # | Siltronic AG | 2705 | 167044 |
|  | Sixt SE | 4885 | 429429 |
| #\* | SMA Solar Technology <br> AG<br>| 5047 | 151367 |
|  | Stabilus SE | 5944 | 149222 |
|  | STRATEC SE | 1131 | 30594 |
|  | Stroeer SE & Co. <br> KGaA<br>| 9378 | 410326 |
|  | Suedzucker AG | 19604 | 216211 |
| # | SUSS MicroTec SE | 5570 | 178994 |
|  | Symrise AG | 28049 | 2319624 |
|  | TAG Immobilien AG | 47432 | 787415 |
|  | Takkt AG | 9190 | 47726 |
| \* | Talanx AG | 17751 | 2161562 |
| \*Ω | TeamViewer SE | 33806 | 248834 |
|  | Technotrans SE | 1819 | 74772 |
|  | thyssenkrupp AG | 150287 | 1574908 |
| \* | Tkms AG& Co. KGaA | 7514 | 708038 |
| \* | TUI AG | 186434 | 1588580 |
|  | United Internet AG | 26796 | 827241 |
|  | Verbio SE | 3836 | 68136 |
|  | Volkswagen AG | 4559 | 480891 |
|  | Vonovia SE | 49695 | 1493614 |
|  | Vossloh AG | 3762 | 343106 |
| # | Wacker Chemie AG | 3425 | 270131 |
|  | Wacker Neuson SE | 12005 | 261395 |
|  | Washtec AG | 3925 | 186797 |
| \* | Westwing Group SE | 457 | 6060 |
|  | Wuestenrot & <br> Wuerttembergische <br> AG<br>| 7377 | 120258 |
| \*Ω | Zalando SE | 62219 | 1743536 |
|  | Zeal Network SE | 1112 | 62352 |
| TOTAL GERMANY | TOTAL GERMANY |  | 232203901 |
| GREECE — (0.2%) | GREECE — (0.2%) | GREECE — (0.2%) | GREECE — (0.2%) |
|  | Aegean Airlines SA | 12199 | 185168 |
| \* | Aktor SA Holding Co. <br> Technical & Energy <br> Projects<br>| 8800 | 85404 |
|  | Alpha Bank SA | 283602 | 1111778 |
|  | Athens Water Supply <br> & Sewage Co. SA<br>| 5285 | 42296 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) |
|  | Autohellas Tourist & <br> Trading SA<br>| 5110 | $65161 |
|  | Avax SA | 6223 | 17191 |
|  | Bank of Greece | 5652 | 96462 |
|  | Ellaktor SA | 28588 | 51298 |
| # | ElvalHalcor SA | 16469 | 60700 |
|  | Eurobank Ergasias <br> Services & Holdings <br> SA<br>| 167181 | 628869 |
| \*†† | FF Group | 1384 | 0 |
|  | Fourlis Holdings SA | 10258 | 48519 |
|  | GEK Terna SA | 13273 | 354255 |
|  | Hellenic Exchanges - <br> Athens Stock <br> Exchange SA<br>| 7855 | 56489 |
|  | Hellenic <br> Telecommunications <br> Organization SA<br>| 13560 | 254640 |
|  | Helleniq Energy <br> Holdings SA<br>| 31775 | 279478 |
|  | Holding Co. ADMIE <br> IPTO SA<br>| 19838 | 68215 |
|  | Ideal Holdings SA | 690 | 4672 |
|  | Intracom Holdings SA | 21319 | 82110 |
|  | Jumbo SA | 18366 | 582802 |
|  | Kri-Kri Milk Industry <br> SA<br>| 4410 | 100069 |
| \* | LAMDA Development <br> SA<br>| 12603 | 107497 |
| \* | Metlen Energy & <br> Metals PLC<br>| 12414 | 629082 |
|  | Motor Oil Hellas <br> Corinth Refineries <br> SA<br>| 18487 | 554010 |
|  | National Bank of <br> Greece SA<br>| 48124 | 707359 |
|  | OPAP SA | 9527 | 196963 |
|  | Piraeus Financial <br> Holdings SA<br>| 99191 | 774702 |
|  | Piraeus Port Authority <br> SA<br>| 1557 | 77171 |
|  | Public Power Corp. <br> SA<br>| 13772 | 239180 |
|  | Quest Holdings SA | 7220 | 58627 |
|  | Sarantis SA | 4363 | 63426 |
|  | Thrace Plastics <br> Holding & Co.<br>| 5555 | 24925 |
|  | Titan SA (TITC BB) | 2126 | 94439 |
|  | Titan SA (TITC GA) | 11123 | 498035 |
| TOTAL GREECE | TOTAL GREECE |  | 8200992 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (1.1%) | HONG KONG — (1.1%) | HONG KONG — (1.1%) | HONG KONG — (1.1%) |
|  | Aeon Credit Service <br> Asia Co. Ltd.<br>| 80000 | $77960 |
|  | AIA Group Ltd. | 672400 | 6542943 |
| \* | Allied Group Ltd. | 128000 | 39581 |
|  | APAC Resources Ltd. | 194095 | 48271 |
|  | Asia Financial <br> Holdings Ltd.<br>| 72000 | 40744 |
|  | ASMPT Ltd. | 61000 | 642073 |
|  | Bank of East Asia <br> Ltd.<br>| 291117 | 501244 |
|  | Best Mart 360 <br> Holdings Ltd.<br>| 96000 | 25690 |
|  | BOC Hong Kong <br> Holdings Ltd.<br>| 285000 | 1400410 |
| \* | Bright Smart <br> Securities & <br> Commodities Group <br> Ltd.<br>| 374000 | 468409 |
| Ω | Budweiser Brewing <br> Co. APAC Ltd.<br>| 115200 | 116852 |
|  | Build King Holdings <br> Ltd.<br>| 100000 | 19691 |
| # | Cafe de Coral <br> Holdings Ltd.<br>| 114000 | 92086 |
|  | Cathay Pacific <br> Airways Ltd.<br>| 439454 | 625573 |
| #\* | Central New Energy <br> Holding Group Ltd.<br>| 50000 | 61012 |
| \* | Chi Kan Holdings Ltd. | 28000 | 8717 |
| \* | China Energy <br> Development <br> Holdings Ltd.<br>| 2788000 | 12221 |
|  | China Motor Bus Co. <br> Ltd.<br>| 2400 | 18144 |
| \* | China Star <br> Entertainment Ltd.<br>| 900000 | 251421 |
|  | Chinese Estates <br> Holdings Ltd.<br>| 189000 | 31799 |
|  | Chow Sang Sang <br> Holdings <br> International Ltd.<br>| 100000 | 178937 |
|  | CITIC Telecom <br> International <br> Holdings Ltd.<br>| 633000 | 201243 |
|  | CK Asset Holdings <br> Ltd.<br>| 189677 | 938378 |
|  | CK Hutchison <br> Holdings Ltd.<br>| 136700 | 906522 |
|  | CK Infrastructure <br> Holdings Ltd.<br>| 61500 | 400018 |
| \* | CK Life Sciences <br> International <br> Holdings, Inc.<br>| 760000 | 87982 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | CLP Holdings Ltd. | 97500 | $831613 |
|  | C-Mer Medical <br> Holdings Ltd.<br>| 166000 | 38895 |
| #†† | Convoy, Inc. | 1758000 | 7081 |
| \* | Cowell e Holdings, <br> Inc.<br>| 38000 | 150962 |
| Ω | Crystal International <br> Group Ltd.<br>| 177500 | 155583 |
| \* | CSI Properties Ltd. | 2184000 | 50537 |
|  | CTF Services Ltd. | 341116 | 368594 |
| \*†† | CW Group Holdings <br> Ltd.<br>| 193500 | 0 |
|  | Dah Sing Banking <br> Group Ltd.<br>| 141600 | 200445 |
|  | Dah Sing Financial <br> Holdings Ltd.<br>| 59600 | 275580 |
| \* | Deep Source Holdings <br> Ltd.<br>| 1200000 | 117406 |
|  | Dickson Concepts <br> International Ltd.<br>| 75000 | 50719 |
|  | Dream International <br> Ltd.<br>| 20000 | 25081 |
|  | Eagle Nice <br> International <br> Holdings Ltd.<br>| 128000 | 59677 |
| †† | EcoGreen <br> International Group <br> Ltd.<br>| 50000 | 2293 |
| \* | Emperor Capital <br> Group Ltd.<br>| 948000 | 12426 |
|  | Emperor Watch & <br> Jewellery Ltd.<br>| 1340000 | 49130 |
|  | Fairwood Holdings <br> Ltd.<br>| 31500 | 20795 |
|  | Far East Consortium <br> International Ltd.<br>| 542901 | 53113 |
|  | First Pacific Co. Ltd. | 778000 | 628165 |
| \*Ω | FIT Hon Teng Ltd. | 476000 | 356116 |
|  | FSE Lifestyle Services <br> Ltd.<br>| 28000 | 20830 |
|  | Galaxy Entertainment <br> Group Ltd.<br>| 225000 | 1121024 |
|  | Giordano International <br> Ltd.<br>| 430000 | 81839 |
| #\*†† | Gold Financial <br> Holdings Ltd.<br>| 184000 | 0 |
|  | Great Eagle Holdings <br> Ltd.<br>| 55925 | 104725 |
|  | G-Resources Group <br> Ltd.<br>| 103950 | 108095 |
|  | Guoco Group Ltd. | 2000 | 19936 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
| # | Guotai Junan <br> International <br> Holdings Ltd.<br>| 931000 | $456591 |
|  | Hang Lung Group <br> Ltd.<br>| 252000 | 479529 |
|  | Hang Lung Properties <br> Ltd.<br>| 605029 | 673725 |
|  | Hang Seng Bank Ltd. | 47300 | 922111 |
|  | Henderson Land <br> Development Co. <br> Ltd.<br>| 140909 | 495683 |
|  | HK Electric <br> Investments & HK <br> Electric Investments <br> Ltd.<br>| 394000 | 306240 |
| \* | HKR International <br> Ltd.<br>| 302560 | 42237 |
|  | HKT Trust & HKT Ltd. | 931000 | 1359420 |
|  | Hong Kong & China <br> Gas Co. Ltd.<br>| 783168 | 728857 |
|  | Hong Kong <br> Exchanges & <br> Clearing Ltd.<br>| 68746 | 3746855 |
|  | Hong Kong Ferry <br> Holdings Co. Ltd.<br>| 18000 | 11158 |
|  | Hong Kong <br> Technology Venture <br> Co. Ltd.<br>| 144055 | 26618 |
| \* | Hongkong & Shanghai <br> Hotels Ltd.<br>| 173683 | 137346 |
| Ω | Honma Golf Ltd. | 53500 | 22931 |
|  | Hutchison <br> Telecommunications <br> Hong Kong <br> Holdings Ltd.<br>| 548000 | 76814 |
|  | Hysan Development <br> Co. Ltd.<br>| 91000 | 188530 |
|  | IGG, Inc. | 228000 | 114287 |
| Ω | Impro Precision <br> Industries Ltd.<br>| 27000 | 17379 |
| \* | IPE Group Ltd. | 180000 | 19049 |
|  | Jacobson Pharma <br> Corp. Ltd.<br>| 70000 | 13046 |
| # | Johnson Electric <br> Holdings Ltd.<br>| 117755 | 552542 |
|  | K Wah International <br> Holdings Ltd.<br>| 367072 | 104360 |
|  | Karrie International <br> Holdings Ltd.<br>| 112000 | 40758 |
|  | Kerry Properties Ltd. | 173500 | 437301 |
|  | KLN Logistics Group <br> Ltd.<br>| 150000 | 138822 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Kowloon Development <br> Co. Ltd.<br>| 154307 | $75088 |
|  | Langham Hospitality <br> Investments & <br> Langham Hospitality <br> Investments Ltd.<br>| 509228 | 33444 |
|  | Liu Chong Hing <br> Investment Ltd.<br>| 84000 | 47354 |
|  | Luk Fook Holdings <br> International Ltd.<br>| 104000 | 332511 |
|  | Man Wah Holdings <br> Ltd.<br>| 603600 | 368488 |
| \* | Melco International <br> Development Ltd.<br>| 25500 | 15319 |
|  | MGM China Holdings <br> Ltd.<br>| 138400 | 265096 |
| \*†† | MH Development <br> NPV<br>| 24000 | 0 |
| \* | Midland Holdings Ltd. | 140000 | 39506 |
|  | Miramar Hotel & <br> Investment<br>| 79000 | 99238 |
|  | Modern Dental Group <br> Ltd.<br>| 140000 | 94102 |
| \* | Modern Innovative <br> Digital Technology <br> Co. Ltd.<br>| 1200000 | 17850 |
| \* | Mongolian Mining <br> Corp.<br>| 183000 | 266689 |
| # | MTR Corp. Ltd. | 150333 | 551525 |
|  | NagaCorp Ltd. | 330811 | 221818 |
| \* | New World <br> Development Co. <br> Ltd.<br>| 424952 | 393350 |
| \*†† | NewOcean Energy <br> Holdings Ltd.<br>| 370000 | 0 |
| # | Nissin Foods Co. Ltd. | 65000 | 56147 |
|  | Oriental Watch <br> Holdings<br>| 155596 | 68085 |
| \* | Oshidori International <br> Holdings Ltd.<br>| 1594198 | 102981 |
| # | Pacific Basin Shipping <br> Ltd.<br>| 2087000 | 691209 |
| # | Pacific Textiles <br> Holdings Ltd.<br>| 295000 | 55056 |
|  | Paradise <br> Entertainment Ltd.<br>| 8000 | 793 |
|  | PAX Global <br> Technology Ltd.<br>| 292000 | 200053 |
|  | PC Partner Group <br> Ltd.<br>| 102000 | 81616 |
|  | PCCW Ltd. | 1216658 | 869143 |
|  | Perfect Medical Health <br> Management Ltd.<br>| 124000 | 22020 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Pico Far East <br> Holdings Ltd.<br>| 286000 | $96523 |
| \* | Planetree International <br> Development Ltd.<br>| 42000 | 10528 |
|  | Plover Bay <br> Technologies Ltd.<br>| 104000 | 85789 |
|  | Power Assets <br> Holdings Ltd.<br>| 75500 | 479632 |
|  | PRADA SpA | 59500 | 351125 |
| \* | Public Financial <br> Holdings Ltd.<br>| 144000 | 23754 |
| Ω | Regina Miracle <br> International <br> Holdings Ltd.<br>| 81000 | 21232 |
|  | Sa Sa International <br> Holdings Ltd.<br>| 480000 | 38301 |
| Ω | Samsonite Group SA | 370800 | 775365 |
|  | Sands China Ltd. | 145600 | 379471 |
|  | SAS Dragon Holdings <br> Ltd.<br>| 88000 | 52922 |
|  | SEA Holdings Ltd. | 36582 | 6060 |
| \* | Shandong Hi-Speed <br> Holdings Group <br> Ltd.<br>| 153000 | 40626 |
| # | Shangri-La Asia Ltd. | 396000 | 247125 |
| \* | Shenwan Hongyuan <br> HK Ltd.<br>| 110000 | 23309 |
| \* | Shun Tak Holdings <br> Ltd.<br>| 546000 | 51358 |
|  | Singamas Container <br> Holdings Ltd.<br>| 570000 | 47604 |
|  | Sino Land Co. Ltd. | 765955 | 951420 |
|  | SITC International <br> Holdings Co. Ltd.<br>| 410000 | 1512764 |
| #\* | SJM Holdings Ltd. | 210499 | 76606 |
|  | SmarTone <br> Telecommunications <br> Holdings Ltd.<br>| 119000 | 73921 |
| \* | Solomon Systech <br> International Ltd.<br>| 524000 | 33652 |
| \* | Soundwill Holdings <br> Ltd.<br>| 41000 | 31792 |
|  | Stella International <br> Holdings Ltd.<br>| 180500 | 383740 |
|  | Sun Hung Kai & Co. <br> Ltd.<br>| 165000 | 81949 |
|  | Sun Hung Kai <br> Properties Ltd.<br>| 65500 | 797055 |
|  | SUNeVision Holdings <br> Ltd.<br>| 246000 | 191078 |
|  | Swire Pacific Ltd. (19 <br> HK), Class A<br>| 73000 | 602930 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Swire Pacific Ltd. (87 <br> HK), Class B<br>| 102500 | $151879 |
|  | Swire Properties Ltd. | 71600 | 195058 |
|  | TAI Cheung Holdings <br> Ltd.<br>| 108000 | 44239 |
|  | Tai Hing Group <br> Holdings Ltd.<br>| 133000 | 19163 |
| \* | Taung Gold <br> International Ltd.<br>| 170000 | 14399 |
|  | Techtronic Industries <br> Co. Ltd.<br>| 128500 | 1498825 |
| \* | Television Broadcasts <br> Ltd.<br>| 110900 | 47343 |
|  | Texhong International <br> Group Ltd.<br>| 122000 | 71577 |
|  | Texwinca Holdings <br> Ltd.<br>| 332000 | 33346 |
|  | Town Health <br> International <br> Medical Group Ltd.<br>| 254000 | 8982 |
|  | Tradelink Electronic <br> Commerce Ltd.<br>| 290000 | 38063 |
|  | Transport International <br> Holdings Ltd.<br>| 90790 | 125001 |
| # | Truly International <br> Holdings Ltd.<br>| 596000 | 87357 |
|  | United Laboratories <br> International <br> Holdings Ltd.<br>| 452000 | 731807 |
| \*†† | Untrade.Genting | 188000 | 0 |
|  | Value Partners Group <br> Ltd.<br>| 303000 | 95786 |
|  | Vitasoy International <br> Holdings Ltd.<br>| 172000 | 168220 |
| \* | Viva Goods Co. Ltd. | 480000 | 36442 |
| \* | Vobile Group Ltd. | 236000 | 157317 |
|  | VSTECS Holdings <br> Ltd.<br>| 326000 | 403636 |
|  | VTech Holdings Ltd. | 53400 | 435514 |
| Ω | WH Group Ltd. | 2130632 | 2049490 |
|  | Wharf Real Estate <br> Investment Co. Ltd.<br>| 201000 | 572090 |
|  | Wing Tai Properties <br> Ltd.<br>| 52000 | 11190 |
|  | Wynn Macau Ltd. | 292400 | 248629 |
| \* | Xingye Alloy Materials <br> Group Ltd.<br>| 86000 | 10996 |
| # | Xinyi Glass Holdings <br> Ltd.<br>| 681303 | 796804 |
|  | YesAsia Holdings Ltd. | 32000 | 20581 |
|  | Yue Yuen Industrial <br> Holdings Ltd.<br>| 229000 | 419979 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
| #\* | Yunfeng Financial <br> Group Ltd.<br>| 256000 | $137920 |
| TOTAL HONG KONG | TOTAL HONG KONG |  | 50828515 |
| HUNGARY — (0.1%) | HUNGARY — (0.1%) | HUNGARY — (0.1%) | HUNGARY — (0.1%) |
| \* | 4iG Nyrt | 16803 | 200731 |
|  | ANY Security Printing <br> Co.<br>| 806 | 16764 |
|  | Magyar Telekom <br> Telecommunications <br> PLC<br>| 100745 | 528021 |
|  | MOL Hungarian Oil & <br> Gas PLC<br>| 69463 | 611053 |
|  | Opus Global Nyrt | 27448 | 44596 |
|  | OTP Bank Nyrt | 21980 | 2098110 |
|  | Richter Gedeon Nyrt | 6597 | 203214 |
| TOTAL HUNGARY | TOTAL HUNGARY |  | 3702489 |
| INDIA — (5.2%) | INDIA — (5.2%) | INDIA — (5.2%) | INDIA — (5.2%) |
|  | 360 ONE WAM Ltd. | 36444 | 444882 |
|  | 3M India Ltd. | 64 | 21319 |
|  | Aarti Drugs Ltd. | 15323 | 84628 |
|  | Aarti Industries Ltd. | 36607 | 156999 |
|  | Aarti Pharmalabs Ltd. | 11960 | 114120 |
| \* | Aavas Financiers Ltd. | 4162 | 77307 |
|  | ABB India Ltd. | 3063 | 180172 |
|  | Abbott India Ltd. | 863 | 282020 |
|  | ACC Ltd. | 10913 | 230788 |
|  | Accelya Solutions <br> India Ltd.<br>| 740 | 11562 |
|  | Action Construction <br> Equipment Ltd.<br>| 11951 | 148246 |
| \* | Adani Energy <br> Solutions Ltd.<br>| 18111 | 199738 |
|  | Adani Enterprises <br> Ltd.<br>| 2174 | 60544 |
| \* | Adani Green Energy <br> Ltd.<br>| 6163 | 78773 |
|  | Adani Ports & Special <br> Economic Zone <br> Ltd.<br>| 44017 | 719357 |
| \* | Adani Power Ltd. | 385710 | 685485 |
|  | Adani Total Gas Ltd. | 15559 | 110330 |
|  | ADF Foods Ltd. | 11330 | 28217 |
| \* | Aditya Birla Capital <br> Ltd.<br>| 190334 | 697134 |
| \* | Aditya Birla Fashion & <br> Retail Ltd.<br>| 37022 | 33840 |
| \* | Aditya Birla Lifestyle <br> Brands Ltd.<br>| 37022 | 55757 |
|  | Aditya Birla Real <br> Estate Ltd.<br>| 10267 | 218644 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Advanced Enzyme <br> Technologies Ltd.<br>| 14719 | $50879 |
|  | Advent Hotels <br> International Pvt <br> Ltd.<br>| 2448 | 8623 |
|  | Aegis Logistics Ltd. | 45524 | 382537 |
|  | AGI Greenpac Ltd. | 11207 | 103738 |
|  | Ahluwalia Contracts <br> India Ltd.<br>| 9019 | 96325 |
|  | AIA Engineering Ltd. | 10045 | 369253 |
|  | Ajanta Pharma Ltd. | 17411 | 484441 |
|  | Ajmera Realty & Infra <br> India Ltd.<br>| 1123 | 13532 |
|  | Akzo Nobel India Ltd. | 2300 | 84153 |
|  | Alembic Ltd. | 28091 | 31497 |
|  | Alembic <br> Pharmaceuticals <br> Ltd.<br>| 24680 | 249878 |
|  | Alkem Laboratories <br> Ltd.<br>| 6176 | 381642 |
|  | Alkyl Amines <br> Chemicals<br>| 3302 | 69024 |
|  | Allcargo Logistics Ltd. | 78973 | 30522 |
|  | Allied Digital Services <br> Ltd.<br>| 4502 | 9235 |
|  | Amara Raja Energy & <br> Mobility Ltd.<br>| 20590 | 233031 |
|  | Ambuja Cements Ltd. | 59988 | 381733 |
|  | Anant Raj Ltd. | 34045 | 246811 |
|  | Andhra Sugars Ltd.  | 28073 | 25768 |
|  | Angel One Ltd. | 5945 | 167087 |
|  | Anup Engineering <br> Ltd.<br>| 1045 | 27300 |
|  | Apar Industries Ltd. | 4455 | 434803 |
|  | Apcotex Industries <br> Ltd.<br>| 3910 | 15715 |
|  | APL Apollo Tubes <br> Ltd.<br>| 38497 | 778769 |
|  | Apollo Hospitals <br> Enterprise Ltd.<br>| 13609 | 1177056 |
|  | Apollo Tyres Ltd. | 127582 | 720044 |
|  | Arvind Fashions Ltd. | 19213 | 108662 |
|  | Arvind Ltd. | 61309 | 221005 |
|  | Asahi India Glass Ltd. | 21844 | 226744 |
|  | Ashapura Minechem <br> Ltd.<br>| 7479 | 56050 |
|  | Ashiana Housing Ltd. | 8633 | 27227 |
|  | Ashok Leyland Ltd. | 705994 | 1123255 |
| \* | Ashoka Buildcon Ltd. | 45156 | 104415 |
|  | Asian Paints Ltd. | 22765 | 643607 |
| Ω | Aster DM Healthcare <br> Ltd.<br>| 42764 | 326490 |
|  | Astra Microwave <br> Products Ltd.<br>| 16150 | 189720 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Astral Ltd. | 15673 | $255439 |
|  | AstraZeneca Pharma <br> India Ltd.<br>| 1165 | 124785 |
|  | Atul Ltd. | 3410 | 221699 |
| Ω | AU Small Finance <br> Bank Ltd.<br>| 27468 | 270821 |
|  | Aurobindo Pharma <br> Ltd.<br>| 93734 | 1207790 |
|  | Automotive Axles Ltd. | 1309 | 25040 |
|  | Avanti Feeds Ltd. | 11662 | 91524 |
| \*Ω | Avenue Supermarts <br> Ltd.<br>| 1757 | 82141 |
|  | Axis Bank Ltd. (AXSB <br> IN)<br>| 231314 | 3208759 |
| \* | AXISCADES <br> Technologies Ltd.<br>| 4798 | 86583 |
|  | Bajaj Auto Ltd. | 5840 | 585194 |
| \* | Bajaj Consumer Care <br> Ltd.<br>| 6656 | 20770 |
|  | Bajaj Finance Ltd. | 284946 | 3353638 |
|  | Bajaj Finserv Ltd. | 24550 | 577470 |
| \* | Bajaj Hindusthan <br> Sugar Ltd.<br>| 308050 | 76576 |
|  | Bajaj Holdings & <br> Investment Ltd.<br>| 5386 | 747097 |
|  | Balaji Amines Ltd. | 2692 | 42584 |
|  | Balkrishna Industries <br> Ltd.<br>| 18116 | 465947 |
|  | Balmer Lawrie & Co. <br> Ltd.<br>| 31202 | 70781 |
|  | Balrampur Chini Mills <br> Ltd.<br>| 63257 | 326460 |
|  | Banco Products India <br> Ltd.<br>| 13958 | 111557 |
| Ω | Bandhan Bank Ltd. | 81388 | 143284 |
|  | Bank of Baroda | 192236 | 601680 |
|  | Bank of India | 99928 | 157526 |
|  | Bank of Maharashtra | 340405 | 226549 |
|  | Bannari Amman <br> Sugars Ltd.<br>| 790 | 32010 |
|  | BASF India Ltd. | 3176 | 157737 |
|  | Bata India Ltd. | 11145 | 133971 |
|  | Bayer CropScience <br> Ltd.<br>| 2238 | 122928 |
|  | BCL Industries Ltd. | 25237 | 11310 |
|  | BEML Ltd. | 2685 | 132607 |
|  | Berger Paints India <br> Ltd.<br>| 41751 | 254473 |
| \* | BF Utilities Ltd. | 4868 | 40320 |
|  | Bhansali Engineering <br> Polymers Ltd.<br>| 21684 | 24078 |
|  | Bharat Bijlee Ltd. | 2736 | 93189 |
|  | Bharat Dynamics Ltd. | 2585 | 44637 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Bharat Electronics <br> Ltd.<br>| 289753 | $1389754 |
|  | Bharat Forge Ltd. | 56042 | 833026 |
|  | Bharat Heavy <br> Electricals Ltd.<br>| 171255 | 509716 |
|  | Bharat Petroleum <br> Corp. Ltd.<br>| 154900 | 620368 |
|  | Bharat Rasayan Ltd. | 275 | 33518 |
| \* | Bharat Wire Ropes <br> Ltd.<br>| 6995 | 15617 |
|  | Bharti Airtel Ltd. | 234504 | 5448190 |
|  | Biocon Ltd. | 14258 | 59874 |
|  | Birla Corp. Ltd. | 9881 | 130379 |
|  | BirlaNu Ltd. | 1370 | 29519 |
|  | Birlasoft Ltd. | 56177 | 234520 |
|  | Black Box Ltd. | 6786 | 40454 |
|  | Blue Dart Express <br> Ltd.<br>| 1828 | 133695 |
|  | Blue Star Ltd. | 18366 | 398899 |
|  | Bombay Burmah <br> Trading Co.<br>| 5642 | 125988 |
|  | Bombay Dyeing & <br> Manufacturing Co. <br> Ltd.<br>| 28403 | 52449 |
| \* | Borosil Ltd. | 2074 | 7985 |
| \* | Borosil Scientific Ltd. | 1555 | 2399 |
|  | Bosch Ltd. | 334 | 140165 |
|  | Brigade Enterprises <br> Ltd.<br>| 28660 | 334315 |
| \* | Brightcom Group Ltd. | 2124 | 326 |
|  | Britannia Industries <br> Ltd.<br>| 12482 | 822424 |
|  | BSE Ltd. | 30483 | 851940 |
| \* | Camlin Fine Sciences <br> Ltd.<br>| 5254 | 11530 |
|  | Can Fin Homes Ltd. | 29945 | 290818 |
|  | Canara Bank | 392098 | 603271 |
|  | Cantabil Retail India <br> Ltd.<br>| 4199 | 12296 |
| \* | Capacit'e Infraprojects <br> Ltd.<br>| 8742 | 28118 |
|  | Caplin Point <br> Laboratories Ltd.<br>| 7151 | 163278 |
|  | Carborundum <br> Universal Ltd.<br>| 20508 | 208594 |
|  | Care Ratings Ltd. | 5502 | 99041 |
| \* | Cartrade Tech Ltd. | 2615 | 88303 |
|  | Carysil Ltd. | 1277 | 13429 |
|  | Castrol India Ltd. | 122027 | 267753 |
|  | CCL Products India <br> Ltd.<br>| 29206 | 283372 |
|  | CE Info Systems Ltd. | 2255 | 46088 |
|  | Ceat Ltd. | 9078 | 411734 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Cemindia Projects <br> Ltd.<br>| 28429 | $260096 |
|  | Central Depository <br> Services India Ltd.<br>| 36509 | 654113 |
|  | Centum Electronics <br> Ltd.<br>| 361 | 10290 |
|  | Century Enka Ltd. | 5766 | 30159 |
|  | Century Plyboards <br> India Ltd.<br>| 21503 | 182334 |
|  | Cera Sanitaryware <br> Ltd.<br>| 1968 | 138429 |
|  | CESC Ltd. | 157900 | 319760 |
|  | CG Power & Industrial <br> Solutions Ltd.<br>| 87042 | 720890 |
| \* | Chalet Hotels Ltd. | 7284 | 77891 |
|  | Chambal Fertilisers & <br> Chemicals Ltd.<br>| 65205 | 353110 |
| \* | Chemplast Sanmar <br> Ltd.<br>| 7729 | 34643 |
|  | Chennai Petroleum <br> Corp. Ltd.<br>| 12277 | 134183 |
| \* | Choice International <br> Ltd.<br>| 10011 | 94158 |
|  | Cholamandalam <br> Financial Holdings <br> Ltd.<br>| 31559 | 676707 |
|  | Cholamandalam <br> Investment & <br> Finance Co. Ltd.<br>| 88373 | 1692991 |
|  | CIE Automotive India <br> Ltd.<br>| 39842 | 193118 |
|  | Cipla Ltd. | 103155 | 1744565 |
|  | City Union Bank Ltd. | 137091 | 347927 |
|  | CMS Info Systems <br> Ltd.<br>| 2724 | 11424 |
|  | Coal India Ltd. | 102625 | 449570 |
| Ω | Cochin Shipyard Ltd. | 4869 | 98157 |
|  | Coforge Ltd. | 40225 | 808223 |
| \* | Cohance Lifesciences <br> Ltd.<br>| 47775 | 403799 |
|  | Colgate-Palmolive <br> India Ltd.<br>| 23255 | 589278 |
|  | Computer Age <br> Management <br> Services Ltd.<br>| 15653 | 691659 |
|  | Confidence Petroleum <br> India Ltd.<br>| 13575 | 6340 |
|  | Container Corp. of <br> India Ltd.<br>| 57278 | 352806 |
|  | Coromandel <br> International Ltd.<br>| 36743 | 883749 |
|  | Cosmo First Ltd. | 5608 | 52400 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | CreditAccess <br> Grameen Ltd.<br>| 8631 | $137078 |
|  | CRISIL Ltd. | 6494 | 361032 |
|  | Crompton Greaves <br> Consumer <br> Electricals Ltd.<br>| 130930 | 416867 |
| \* | CSB Bank Ltd. | 12954 | 60549 |
|  | Cummins India Ltd. | 10803 | 528990 |
|  | Cyient Ltd. | 19478 | 255583 |
| \*Ω | D.P. Abhushan Ltd. | 235 | 3730 |
|  | Dabur India Ltd. | 29050 | 159661 |
|  | Dalmia Bharat Ltd. | 15075 | 356116 |
| \* | Dalmia Bharat <br> Refractories Ltd.<br>| 148 | 0 |
|  | Dalmia Bharat Sugar <br> & Industries Ltd.<br>| 7147 | 27840 |
|  | Datamatics Global <br> Services Ltd.<br>| 3343 | 35137 |
|  | DB Corp. Ltd. | 17516 | 52948 |
|  | DCB Bank Ltd. | 64869 | 115493 |
|  | DCM Shriram <br> Industries Ltd.<br>| 4675 | 9189 |
|  | DCM Shriram Ltd. | 19345 | 279621 |
|  | DCW Ltd. | 49031 | 34944 |
|  | Deepak Fertilisers & <br> Petrochemicals <br> Corp. Ltd.<br>| 19971 | 334509 |
|  | Deepak Nitrite Ltd. | 12191 | 236570 |
|  | Delta Corp. Ltd. | 32285 | 28321 |
|  | Dhanuka Agritech <br> Ltd.<br>| 5532 | 85012 |
| \* | Digitide Solutions Ltd. | 19671 | 35293 |
| Ω | Dilip Buildcon Ltd. | 9515 | 53012 |
| \* | Dish TV India Ltd. | 343258 | 17207 |
| \* | Dishman Carbogen <br> Amcis Ltd.<br>| 23993 | 78741 |
|  | Divi's Laboratories <br> Ltd.<br>| 6321 | 480737 |
|  | Dixon Technologies <br> India Ltd.<br>| 7880 | 1374087 |
|  | DLF Ltd. | 58375 | 497920 |
|  | Dollar Industries Ltd. | 2788 | 11221 |
| Ω | Dr. Lal PathLabs Ltd. | 10564 | 373633 |
| # | Dr. Reddy's <br> Laboratories Ltd., <br> ADR<br>| 75557 | 1004153 |
|  | Dr. Reddy's <br> Laboratories Ltd. <br> (DRRD IN)<br>| 76660 | 1031824 |
|  | Dwarikesh Sugar <br> Industries Ltd.<br>| 22415 | 10967 |
|  | Dynamatic <br> Technologies Ltd.<br>| 928 | 82608 |
|  | eClerx Services Ltd. | 13635 | 726454 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Edelweiss Financial <br> Services Ltd.<br>| 141455 | $180501 |
|  | Eicher Motors Ltd. | 14278 | 1127122 |
| \* | EID Parry India Ltd. | 27575 | 333985 |
|  | EIH Associated <br> Hotels<br>| 7004 | 30091 |
|  | EIH Ltd. | 48193 | 211494 |
|  | Eimco Elecon India <br> Ltd.<br>| 301 | 6333 |
|  | Elecon Engineering <br> Co. Ltd.<br>| 18744 | 118307 |
|  | Electrosteel Castings <br> Ltd.<br>| 126163 | 129802 |
|  | Elgi Equipments Ltd. | 36135 | 202234 |
|  | Emami Ltd. | 64593 | 388340 |
| \* | Embassy <br> Developments Ltd.<br>| 108361 | 113767 |
| Ω | Endurance <br> Technologies Ltd.<br>| 6331 | 202365 |
|  | Engineers India Ltd. | 88087 | 199633 |
|  | Epigral Ltd. | 4041 | 76884 |
|  | EPL Ltd. | 35420 | 80441 |
| \*Ω | Equitas Small Finance <br> Bank Ltd.<br>| 103405 | 66533 |
| Ω | Eris Lifesciences Ltd. | 11309 | 203397 |
|  | ESAB India Ltd. | 1538 | 84874 |
|  | Escorts Kubota Ltd. | 7522 | 320177 |
| \* | Eternal Ltd. | 99545 | 355548 |
|  | Eveready Industries <br> India Ltd.<br>| 747 | 3182 |
|  | Everest Industries <br> Ltd.<br>| 1905 | 12684 |
|  | Excel Industries Ltd. | 1267 | 15970 |
|  | Exide Industries Ltd. | 132617 | 570678 |
|  | Fairchem Organics <br> Ltd.<br>| 494 | 4225 |
|  | FDC Ltd. | 17971 | 93842 |
|  | Federal Bank Ltd. | 595372 | 1585846 |
| \* | Federal-Mogul Goetze <br> India Ltd.<br>| 2733 | 14132 |
|  | FIEM Industries Ltd. | 3998 | 93818 |
|  | Filatex India Ltd. | 59200 | 42208 |
|  | Fine Organic <br> Industries Ltd.<br>| 1971 | 98320 |
|  | Fineotex Chemical <br> Ltd.<br>| 242750 | 81572 |
|  | Finolex Cables Ltd. | 22825 | 202217 |
|  | Finolex Industries Ltd. | 77237 | 163018 |
|  | Firstsource Solutions <br> Ltd.<br>| 78315 | 312186 |
|  | Force Motors Ltd. | 3168 | 631419 |
|  | Fortis Healthcare Ltd. | 67018 | 773115 |
|  | Gabriel India Ltd. | 27470 | 392878 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | GAIL India Ltd. (GAIL <br> IN)<br>| 498685 | $1022810 |
|  | Galaxy Surfactants <br> Ltd.<br>| 2459 | 61723 |
|  | Ganesh Housing Ltd. | 5906 | 55100 |
|  | Ganesha Ecosphere <br> Ltd.<br>| 592 | 8058 |
|  | Garware Technical <br> Fibres Ltd.<br>| 20415 | 175340 |
|  | Gateway Distriparks <br> Ltd.<br>| 110836 | 79801 |
|  | GE Vernova T&D <br> India Ltd.<br>| 16366 | 558774 |
|  | Geojit Financial <br> Services Ltd.<br>| 22705 | 18930 |
|  | GHCL Ltd. | 23955 | 171774 |
|  | GHCL Textiles Ltd. | 23955 | 20888 |
|  | GIC Housing Finance <br> Ltd.<br>| 18109 | 35676 |
|  | Gillette India Ltd. | 2294 | 232713 |
|  | GlaxoSmithKline <br> Pharmaceuticals <br> Ltd.<br>| 8551 | 252133 |
|  | Glenmark <br> Pharmaceuticals <br> Ltd.<br>| 17558 | 373881 |
|  | Global Health Ltd. | 4856 | 71543 |
|  | GMM Pfaudler Ltd. | 1759 | 25584 |
| \* | GMR Airports Ltd. | 217718 | 229752 |
|  | GOCL Corp. Ltd. | 2447 | 9738 |
|  | Godawari Power & <br> Ispat Ltd.<br>| 75403 | 239244 |
|  | Godfrey Phillips India <br> Ltd.<br>| 16695 | 579332 |
| Ω | Godrej Agrovet Ltd. | 5445 | 40765 |
|  | Godrej Consumer <br> Products Ltd.<br>| 35807 | 451494 |
| \* | Godrej Industries Ltd. | 20703 | 258933 |
| \* | Godrej Properties Ltd. | 7841 | 201705 |
|  | Goldiam International <br> Ltd.<br>| 61 | 246 |
|  | Granules India Ltd. | 56623 | 361096 |
|  | Graphite India Ltd. | 27037 | 189634 |
|  | Grasim Industries Ltd. | 47552 | 1552196 |
|  | Grauer & Weil India <br> Ltd.<br>| 25612 | 24448 |
|  | Gravita India Ltd. | 5903 | 110694 |
|  | Great Eastern <br> Shipping Co. Ltd. <br>| 37226 | 460215 |
|  | Greaves Cotton Ltd. | 36228 | 92928 |
|  | Greenlam Industries <br> Ltd.<br>| 14666 | 43752 |
|  | Greenpanel Industries <br> Ltd.<br>| 16581 | 53438 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Greenply Industries <br> Ltd.<br>| 16548 | $56851 |
|  | Grindwell Norton Ltd. | 8987 | 170063 |
|  | Gufic Biosciences <br> Ltd.<br>| 1603 | 5883 |
|  | Gujarat Alkalies & <br> Chemicals Ltd.<br>| 11750 | 75670 |
|  | Gujarat Ambuja <br> Exports Ltd.<br>| 72824 | 86508 |
|  | Gujarat <br> Fluorochemicals <br> Ltd.<br>| 6700 | 282605 |
|  | Gujarat Gas Ltd. | 24930 | 114513 |
|  | Gujarat Industries <br> Power Co. Ltd.<br>| 12468 | 25606 |
|  | Gujarat Mineral <br> Development Corp. <br> Ltd.<br>| 43682 | 291446 |
|  | Gujarat Narmada <br> Valley Fertilizers & <br> Chemicals Ltd.<br>| 24079 | 136191 |
|  | Gujarat Pipavav Port <br> Ltd.<br>| 71936 | 135001 |
|  | Gujarat State <br> Fertilizers & <br> Chemicals Ltd.<br>| 65661 | 141063 |
|  | Gujarat State Petronet <br> Ltd.<br>| 109563 | 381642 |
|  | Gulf Oil Lubricants <br> India Ltd.<br>| 4483 | 62421 |
| Ω | Harsha Engineers <br> Ltd.<br>| 3373 | 15267 |
|  | Hatsun Agro Product <br> Ltd.<br>| 16439 | 204741 |
|  | Havells India Ltd. | 35679 | 599201 |
|  | HBL Engineering Ltd. | 65276 | 736605 |
|  | HCL Technologies <br> Ltd.<br>| 125194 | 2170139 |
| Ω | HDFC Asset <br> Management Co. <br> Ltd.<br>| 12817 | 775924 |
|  | HDFC Bank Ltd. | 568274 | 6322708 |
| Ω | HDFC Life Insurance <br> Co. Ltd.<br>| 22041 | 181338 |
| \* | HealthCare Global <br> Enterprises Ltd.<br>| 9266 | 77947 |
|  | HEG Ltd. | 29265 | 194053 |
|  | HeidelbergCement <br> India Ltd.<br>| 24203 | 53399 |
|  | Heritage Foods Ltd. | 15124 | 82185 |
|  | Hero MotoCorp Ltd. <br> (HMCL IN)<br>| 29861 | 1865950 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Hester Biosciences <br> Ltd.<br>| 1115 | $20082 |
| \* | Heubach Colorants <br> India Ltd.<br>| 1829 | 10652 |
|  | HFCL Ltd. | 235479 | 194649 |
|  | HG Infra Engineering <br> Ltd.<br>| 5215 | 53991 |
|  | Hikal Ltd. | 13133 | 35342 |
|  | Himadri Speciality <br> Chemical Ltd.<br>| 61530 | 332677 |
|  | Himatsingka Seide <br> Ltd.<br>| 8151 | 11381 |
|  | Hindalco Industries <br> Ltd.<br>| 279844 | 2672719 |
|  | Hinduja Global <br> Solutions Ltd.<br>| 6335 | 37053 |
|  | Hindustan Aeronautics <br> Ltd.<br>| 25408 | 1341098 |
|  | Hindustan Copper <br> Ltd.<br>| 65061 | 249056 |
| \* | Hindustan Oil <br> Exploration Co. <br> Ltd.<br>| 11080 | 19122 |
|  | Hindustan Petroleum <br> Corp. Ltd.<br>| 141325 | 756071 |
|  | Hindustan Unilever <br> Ltd.<br>| 36054 | 999546 |
|  | Hitachi Energy India <br> Ltd.<br>| 598 | 119543 |
|  | HI-Tech Pipes Ltd. | 12979 | 16727 |
| Ω | Home First Finance <br> Co. India Ltd.<br>| 2525 | 33989 |
|  | Honda India Power <br> Products Ltd.<br>| 1245 | 36585 |
|  | HPL Electric & Power <br> Ltd.<br>| 2975 | 14830 |
|  | Huhtamaki India Ltd. | 7123 | 19549 |
|  | ICICI Bank Ltd. (IBN <br> US), Sponsored <br> ADR<br>| 255427 | 7739438 |
|  | ICICI Bank Ltd. <br> (ICICIBC IN)<br>| 128348 | 1945101 |
| Ω | ICICI Lombard <br> General Insurance <br> Co. Ltd.<br>| 10884 | 245378 |
| Ω | ICICI Prudential Life <br> Insurance Co. Ltd.<br>| 17268 | 115065 |
|  | ICRA Ltd. | 930 | 67051 |
|  | IDFC First Bank Ltd. | 1106981 | 1018400 |
| \* | IFB Industries Ltd. | 1075 | 22642 |
|  | IIFL Capital Services <br> Ltd.<br>| 40597 | 156908 |
| \* | IIFL Finance Ltd. | 61664 | 371271 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | India Cements Ltd. | 40895 | $184861 |
|  | India Glycols Ltd. | 9152 | 99624 |
|  | India Nippon <br> Electricals Ltd.<br>| 818 | 8844 |
|  | India Power Corp. <br> Ltd.<br>| 95714 | 12721 |
|  | Indian Bank | 65141 | 630139 |
| Ω | Indian Energy <br> Exchange Ltd.<br>| 127492 | 199900 |
|  | Indian Hotels Co. Ltd. | 59960 | 502828 |
|  | Indian Metals & Ferro <br> Alloys Ltd.<br>| 2769 | 37444 |
|  | Indian Oil Corp. Ltd. | 177575 | 332076 |
|  | Indian Railway <br> Catering & Tourism <br> Corp. Ltd.<br>| 39483 | 319196 |
| Ω | Indian Railway <br> Finance Corp. Ltd.<br>| 141713 | 196659 |
|  | Indo Count Industries <br> Ltd.<br>| 29913 | 95937 |
|  | Indoco Remedies Ltd. | 6213 | 19623 |
|  | Indraprastha Gas Ltd. | 124532 | 296865 |
| \* | Indus Towers Ltd. | 268556 | 1101883 |
| \* | IndusInd Bank Ltd. | 35507 | 317764 |
| \* | Infibeam Avenues <br> Ltd.<br>| 423812 | 86386 |
|  | Info Edge India Ltd. | 49675 | 768951 |
|  | Infosys Ltd. (INFO IN) | 301896 | 5028861 |
|  | Ingersoll Rand India <br> Ltd.<br>| 2188 | 93832 |
| \* | Inox Wind Ltd. | 48433 | 84398 |
| \* | Insecticides India Ltd. | 1658 | 13521 |
|  | Intellect Design Arena <br> Ltd.<br>| 19043 | 241762 |
| Ω | InterGlobe Aviation <br> Ltd.<br>| 14591 | 927835 |
|  | IOL Chemicals & <br> Pharmaceuticals <br> Ltd.<br>| 44275 | 46051 |
|  | ION Exchange India <br> Ltd.<br>| 9414 | 42417 |
|  | Ipca Laboratories Ltd. | 27394 | 391818 |
|  | IRB Infrastructure <br> Developers Ltd.<br>| 370150 | 187107 |
| Ω | IRCON International <br> Ltd.<br>| 85488 | 163095 |
|  | ISGEC Heavy <br> Engineering Ltd.<br>| 2547 | 25117 |
| \* | ITC Hotels Ltd. | 27884 | 68105 |
|  | ITC Ltd. | 355636 | 1681811 |
|  | J Kumar Infraprojects <br> Ltd.<br>| 13517 | 100693 |
|  | Jagran Prakashan <br> Ltd.<br>| 29376 | 23996 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Jai Corp. Ltd. | 15752 | $29262 |
| \* | Jain Irrigation <br> Systems Ltd.<br>| 105210 | 60792 |
| \* | Jaiprakash Power <br> Ventures Ltd.<br>| 829868 | 168476 |
|  | Jammu & Kashmir <br> Bank Ltd. <br>| 143210 | 171101 |
|  | Jamna Auto Industries <br> Ltd.<br>| 27803 | 29629 |
|  | JB Chemicals & <br> Pharmaceuticals <br> Ltd.<br>| 19659 | 371402 |
|  | JBM Auto Ltd. | 4806 | 35912 |
|  | Jindal Poly Films Ltd. | 2062 | 13179 |
|  | Jindal Saw Ltd. | 136410 | 269662 |
|  | Jindal Stainless Ltd. | 171783 | 1458254 |
|  | Jindal Steel Ltd. | 101206 | 1216891 |
|  | Jio Financial Services <br> Ltd.<br>| 235961 | 816332 |
|  | JK Cement Ltd. | 9251 | 648987 |
|  | JK Lakshmi Cement <br> Ltd.<br>| 16149 | 158310 |
|  | JK Paper Ltd. | 35115 | 157847 |
|  | JK Tyre & Industries <br> Ltd.<br>| 44973 | 218274 |
|  | JM Financial Ltd. | 126883 | 233983 |
|  | JSW Energy Ltd. | 37102 | 220524 |
|  | JSW Steel Ltd. | 46635 | 634355 |
|  | JTEKT India Ltd. | 17667 | 31029 |
|  | Jubilant Foodworks <br> Ltd.<br>| 100705 | 680250 |
|  | Jubilant Ingrevia Ltd. | 25905 | 201216 |
|  | Jubilant Pharmova <br> Ltd.<br>| 24138 | 296245 |
| \* | Just Dial Ltd. | 7669 | 66704 |
|  | Jyothy Labs Ltd. | 35223 | 124925 |
|  | Kajaria Ceramics Ltd. | 31869 | 431138 |
|  | Kalpataru Projects <br> International Ltd.<br>| 26041 | 368170 |
|  | Kalyan Jewellers India <br> Ltd.<br>| 20187 | 115942 |
|  | Kalyani Steels Ltd. | 8932 | 87201 |
|  | Kansai Nerolac Paints <br> Ltd.<br>| 18894 | 53003 |
|  | Karnataka Bank Ltd.  | 111612 | 225586 |
|  | Karur Vysya Bank Ltd. <br>| 195535 | 536444 |
|  | Kaveri Seed Co. Ltd. | 8491 | 99659 |
|  | KCP Ltd.  | 18420 | 42326 |
|  | KDDL Ltd. | 536 | 15108 |
|  | KEC International Ltd. | 39834 | 366555 |
|  | KEI Industries Ltd. | 14956 | 677960 |
| \* | Kellton Tech Solutions <br> Ltd.<br>| 53725 | 13273 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Kennametal India Ltd. | 1297 | $30464 |
|  | Kewal Kiran Clothing <br> Ltd.<br>| 3299 | 19209 |
| \* | Kiri Industries Ltd. | 4565 | 27379 |
|  | Kirloskar Brothers <br> Ltd.<br>| 6585 | 139230 |
|  | Kirloskar Oil Engines <br> Ltd.<br>| 20099 | 226185 |
|  | Kirloskar Pneumatic <br> Co. Ltd.<br>| 1534 | 19338 |
|  | KNR Constructions <br> Ltd.<br>| 46328 | 94728 |
| \* | Kolte-Patil Developers <br> Ltd.<br>| 10501 | 50677 |
|  | Kotak Mahindra Bank <br> Ltd.<br>| 41331 | 980618 |
|  | KPIT Technologies <br> Ltd.<br>| 47929 | 630180 |
|  | KPR Mill Ltd. | 43921 | 528672 |
|  | KRBL Ltd. | 12438 | 52315 |
| \*Ω | Krishna Institute of <br> Medical Sciences <br> Ltd.<br>| 14480 | 117528 |
|  | Krsnaa Diagnostics <br> Ltd.<br>| 3815 | 33356 |
|  | KSB Ltd. | 19515 | 174307 |
|  | L&T Finance Ltd. | 231511 | 705268 |
| Ω | L&T Technology <br> Services Ltd.<br>| 4790 | 221832 |
|  | LA Opala RG Ltd. | 1909 | 4934 |
|  | Larsen & Toubro Ltd. | 27381 | 1241504 |
| Ω | Laurus Labs Ltd. | 57587 | 619380 |
|  | Laxmi Organic <br> Industries Ltd.<br>| 3180 | 6990 |
| \*Ω | Lemon Tree Hotels <br> Ltd.<br>| 47536 | 88298 |
|  | LG Balakrishnan & <br> Bros Ltd.<br>| 7963 | 127339 |
|  | LIC Housing Finance <br> Ltd.<br>| 110169 | 710053 |
|  | Lincoln <br> Pharmaceuticals <br> Ltd.<br>| 1483 | 8930 |
|  | Linde India Ltd. | 2015 | 136350 |
|  | LMW Ltd. | 716 | 126828 |
|  | LT Foods Ltd. | 41256 | 195330 |
| Ω | LTIMindtree Ltd. | 14151 | 904463 |
|  | Lumax Auto <br> Technologies Ltd.<br>| 10082 | 128287 |
|  | Lumax Industries Ltd. | 1052 | 58979 |
|  | Lupin Ltd. | 62163 | 1380698 |
|  | LUX Industries Ltd. | 1387 | 19976 |
|  | Mahanagar Gas Ltd. | 10030 | 143760 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Maharashtra Scooters <br> Ltd.<br>| 487 | $82791 |
|  | Maharashtra <br> Seamless Ltd.<br>| 18958 | 121427 |
|  | Mahindra & Mahindra <br> Financial Services <br> Ltd.<br>| 180392 | 640940 |
|  | Mahindra & Mahindra <br> Ltd.<br>| 71093 | 2794406 |
| \* | Mahindra Holidays & <br> Resorts India Ltd.<br>| 34822 | 129009 |
|  | Mahindra Lifespace <br> Developers Ltd.<br>| 37878 | 164801 |
| Ω | Mahindra Logistics <br> Ltd.<br>| 13140 | 52013 |
|  | Maithan Alloys Ltd. | 2030 | 25278 |
| \* | Man Industries India <br> Ltd.<br>| 2266 | 10526 |
|  | Man Infraconstruction <br> Ltd.<br>| 30854 | 51548 |
|  | Manali Petrochemicals <br> Ltd.<br>| 12348 | 10282 |
|  | Manappuram Finance <br> Ltd.<br>| 235523 | 718167 |
|  | Mangalam Cement <br> Ltd.<br>| 2293 | 20091 |
| \* | Mangalore Refinery & <br> Petrochemicals Ltd.<br>| 27248 | 50861 |
|  | Marico Ltd. | 102266 | 831349 |
|  | Marksans Pharma <br> Ltd.<br>| 74161 | 152836 |
|  | Maruti Suzuki India <br> Ltd.<br>| 4897 | 890112 |
| Ω | MAS Financial <br> Services Ltd.<br>| 17424 | 59847 |
|  | Mastek Ltd. | 4519 | 108827 |
| \* | Max Estates Ltd. | 2346 | 12384 |
|  | Max Healthcare <br> Institute Ltd.<br>| 28599 | 370099 |
| \* | Max India Ltd. | 3390 | 8163 |
|  | Mayur Uniquoters <br> Ltd.<br>| 8317 | 50467 |
|  | Mazagon Dock <br> Shipbuilders Ltd.<br>| 4176 | 128658 |
| Ω | Medi Assist <br> Healthcare Services <br> Ltd.<br>| 3525 | 22429 |
| \* | Meghmani Organics <br> Ltd.<br>| 33015 | 30006 |
| \*Ω | Metropolis Healthcare <br> Ltd.<br>| 7189 | 160123 |
|  | Minda Corp. Ltd. | 11926 | 75710 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| Ω | Mishra Dhatu Nigam <br> Ltd.<br>| 5601 | $24216 |
|  | MM Forgings Ltd. | 7250 | 25298 |
|  | MOIL Ltd. | 22181 | 91359 |
|  | Monte Carlo Fashions <br> Ltd.<br>| 3649 | 28767 |
|  | Morepen Laboratories <br> Ltd.<br>| 106810 | 57255 |
|  | Motherson Sumi <br> Wiring India Ltd.<br>| 781025 | 414161 |
|  | Motilal Oswal <br> Financial Services <br> Ltd.<br>| 49532 | 544556 |
|  | Mphasis Ltd. | 33542 | 1040924 |
|  | MPS Ltd. | 256 | 6250 |
|  | MRF Ltd. | 693 | 1232775 |
|  | Mrs Bectors Food <br> Specialities Ltd.<br>| 6046 | 90943 |
|  | MSTC Ltd. | 7750 | 47132 |
|  | Muthoot Finance Ltd. | 53243 | 1915086 |
| \* | Nalwa Sons <br> Investments Ltd.<br>| 187 | 15208 |
|  | Narayana <br> Hrudayalaya Ltd.<br>| 24947 | 492611 |
|  | Natco Pharma Ltd. | 20784 | 191778 |
|  | National Aluminium <br> Co. Ltd.<br>| 319195 | 840345 |
|  | National Fertilizers <br> Ltd.<br>| 35078 | 36963 |
|  | Nava Ltd. | 55260 | 385061 |
|  | Navneet Education <br> Ltd.<br>| 38450 | 69829 |
| \* | Nazara Technologies <br> Ltd.<br>| 16360 | 48966 |
|  | NCC Ltd. | 133271 | 319472 |
|  | NCL Industries Ltd. | 8249 | 18324 |
|  | NELCO Ltd. | 3872 | 37807 |
|  | Neogen Chemicals <br> Ltd.<br>| 1069 | 17335 |
|  | NESCO Ltd. | 8606 | 132996 |
|  | Nestle India Ltd. | 46162 | 661773 |
|  | Neuland Laboratories <br> Ltd.<br>| 1127 | 209939 |
|  | Newgen Software <br> Technologies Ltd.<br>| 4385 | 47930 |
|  | NHPC Ltd. | 332705 | 317734 |
|  | NIIT Learning <br> Systems Ltd.<br>| 25172 | 92940 |
|  | NIIT Ltd. | 36661 | 43041 |
|  | Nilkamal Ltd. | 2650 | 45057 |
| Ω | Nippon Life India <br> Asset Management <br> Ltd.<br>| 24720 | 243473 |
|  | Nitin Spinners Ltd. | 8550 | 32226 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | NLC India Ltd. | 66590 | $195963 |
|  | NMDC Ltd. | 788721 | 672054 |
| \* | NMDC Steel Ltd. | 262907 | 127071 |
|  | NOCIL Ltd. | 34528 | 71878 |
|  | Novartis India Ltd. | 1821 | 17752 |
|  | NRB Bearings Ltd. | 20512 | 63242 |
|  | NTPC Ltd. | 245260 | 928891 |
|  | Nucleus Software <br> Exports Ltd.<br>| 3058 | 34668 |
|  | Nuvama Wealth <br> Management Ltd.<br>| 1578 | 126502 |
|  | Oberoi Realty Ltd. | 36793 | 736135 |
|  | Oil & Natural Gas <br> Corp. Ltd.<br>| 110895 | 319653 |
|  | Oil India Ltd. | 85333 | 416773 |
| \* | Onesource Specialty <br> Pharma Ltd.<br>| 9739 | 202853 |
|  | Oracle Financial <br> Services Software <br> Ltd.<br>| 5536 | 531188 |
|  | Orient Cement Ltd. | 25342 | 61136 |
|  | Orient Electric Ltd. | 25426 | 60935 |
| \* | Orient Green Power <br> Co. Ltd.<br>| 135608 | 21405 |
|  | Oriental Hotels Ltd. | 5689 | 7884 |
|  | Page Industries Ltd. | 938 | 431423 |
|  | Paisalo Digital Ltd. | 133713 | 57044 |
|  | Panama Petrochem <br> Ltd.<br>| 5121 | 15389 |
| Ω | Parag Milk Foods Ltd., <br> Class F<br>| 9183 | 32146 |
|  | Patanjali Foods Ltd. | 17649 | 119778 |
| \* | Patel Engineering <br> Ltd.<br>| 121503 | 51057 |
| \* | PB Fintech Ltd. | 11473 | 230372 |
| \* | PC Jeweller Ltd. | 661290 | 86672 |
|  | PCBL Chemical Ltd. | 61168 | 249208 |
| \* | Peninsula Land Ltd. | 4741 | 1850 |
| \* | Pennar Industries Ltd. | 19375 | 57023 |
|  | Persistent Systems <br> Ltd.<br>| 21594 | 1438109 |
|  | Petronet LNG Ltd. | 271281 | 858847 |
|  | PG Electroplast Ltd. | 15159 | 97433 |
|  | Phoenix Mills Ltd.  | 23628 | 449816 |
|  | PI Industries Ltd. | 13700 | 552162 |
|  | Pidilite Industries Ltd. | 30894 | 503985 |
| \* | Piramal Finance Ltd. | 28361 | 359164 |
|  | Piramal Pharma Ltd. | 117310 | 265110 |
|  | Pitti Engineering Ltd. | 587 | 6213 |
| Ω | PNB Housing Finance <br> Ltd.<br>| 40860 | 427388 |
|  | PNC Infratech Ltd. | 41157 | 129956 |
|  | Poly Medicure Ltd. | 4687 | 105565 |
|  | Polycab India Ltd. | 6068 | 526667 |
|  | Polyplex Corp. Ltd. | 6105 | 65655 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Poonawalla Fincorp <br> Ltd.<br>| 59773 | $324107 |
|  | Power Finance Corp. <br> Ltd.<br>| 421622 | 1913235 |
|  | Power Grid Corp. of <br> India Ltd.<br>| 289097 | 937970 |
|  | Power Mech Projects <br> Ltd.<br>| 3950 | 110749 |
|  | Praj Industries Ltd. | 26040 | 98755 |
|  | Prakash Industries <br> Ltd.<br>| 57269 | 105740 |
| Ω | Prataap Snacks Ltd. | 2707 | 33423 |
|  | Precision Wires India <br> Ltd.<br>| 13794 | 34963 |
|  | Prestige Estates <br> Projects Ltd.<br>| 37413 | 737861 |
| \* | Pricol Ltd. | 26229 | 156166 |
|  | Prince Pipes & <br> Fittings Ltd.<br>| 6881 | 24702 |
| \* | Prism Johnson Ltd. | 43150 | 73733 |
|  | Privi Speciality <br> Chemicals Ltd.<br>| 2218 | 72587 |
|  | Procter & Gamble <br> Health Ltd.<br>| 2614 | 181157 |
|  | Procter & Gamble <br> Hygiene & Health <br> Care Ltd.<br>| 1102 | 165705 |
|  | PTC India Ltd. | 86024 | 162746 |
|  | Punjab National Bank | 271706 | 375764 |
| Ω | Quess Corp. Ltd. | 19671 | 53104 |
|  | R Systems <br> International Ltd.<br>| 4412 | 21267 |
|  | Radico Khaitan Ltd. | 11298 | 398705 |
|  | Rail Vikas Nigam Ltd. | 7351 | 27210 |
|  | Rain Industries Ltd. | 61259 | 92036 |
| \* | Rajesh Exports Ltd. | 14403 | 29412 |
|  | Rallis India Ltd. | 18917 | 54993 |
|  | Ramco Cements Ltd. | 27322 | 319106 |
|  | Ramco Industries Ltd. | 13704 | 54337 |
|  | Ramkrishna Forgings <br> Ltd.<br>| 23190 | 141548 |
|  | Rane Holdings Ltd. | 2514 | 43636 |
|  | Rashtriya Chemicals <br> & Fertilizers Ltd.<br>| 55235 | 92653 |
|  | Ratnamani Metals & <br> Tubes Ltd.<br>| 6518 | 177192 |
| \* | RattanIndia Power <br> Ltd.<br>| 284216 | 34963 |
| \* | Raymond Lifestyle <br> Ltd.<br>| 11795 | 156938 |
| \* | Raymond Ltd. | 14744 | 95587 |
| \* | Raymond Realty Ltd. | 14744 | 102572 |
| Ω | RBL Bank Ltd. | 141818 | 520637 |
|  | REC Ltd. | 477632 | 2017234 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Redington Ltd. | 224470 | $642682 |
|  | Redtape Ltd. | 44420 | 68043 |
|  | Relaxo Footwears <br> Ltd.<br>| 10941 | 53787 |
|  | Reliance Industrial <br> Infrastructure Ltd.<br>| 2215 | 22309 |
|  | Reliance Industries <br> Ltd. (RIL IN)<br>| 471922 | 7899783 |
| \* | Reliance Infrastructure <br> Ltd.<br>| 40867 | 98848 |
| \* | Reliance Power Ltd. | 916309 | 476185 |
| \* | Religare Enterprises <br> Ltd.<br>| 4652 | 13839 |
|  | Repco Home Finance <br> Ltd.<br>| 12674 | 59644 |
|  | Rico Auto Industries <br> Ltd.<br>| 31447 | 29480 |
|  | RITES Ltd. | 28740 | 79289 |
|  | Route Mobile Ltd. | 4960 | 39823 |
|  | RPG Life Sciences <br> Ltd.<br>| 1466 | 39493 |
| \* | Sagar Cements Ltd. | 10335 | 26137 |
| \*Ω | Salasar Techno <br> Engineering Ltd.<br>| 137948 | 16002 |
|  | Samvardhana <br> Motherson <br> International Ltd.<br>| 844520 | 1002065 |
|  | Sandhar Technologies <br> Ltd.<br>| 3136 | 18048 |
|  | Sandur Manganese & <br> Iron Ores Ltd.<br>| 21489 | 52370 |
|  | Sangam India Ltd. | 553 | 2835 |
|  | Sanghvi Movers Ltd. | 6740 | 30056 |
|  | Sanofi Consumer <br> Healthcare India <br> Ltd.<br>| 2438 | 134234 |
|  | Sanofi India Ltd. | 2438 | 131525 |
| Ω | Sansera Engineering <br> Ltd.<br>| 3442 | 58268 |
| \* | Sapphire Foods India <br> Ltd.<br>| 20690 | 66889 |
|  | Sarda Energy & <br> Minerals Ltd.<br>| 27550 | 164195 |
|  | Sasken Technologies <br> Ltd.<br>| 899 | 13908 |
| \* | Satin Creditcare <br> Network Ltd.<br>| 3262 | 5756 |
|  | Savita Oil <br> Technologies Ltd.<br>| 6016 | 26855 |
|  | SBI Cards & Payment <br> Services Ltd.<br>| 16690 | 165488 |
| Ω | SBI Life Insurance Co. <br> Ltd.<br>| 27938 | 615731 |
|  | Schaeffler India Ltd. | 5290 | 240159 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Schneider Electric <br> Infrastructure Ltd.<br>| 15960 | $150035 |
| \* | SEAMEC Ltd. | 1720 | 17342 |
| \* | SEPC Ltd. | 382773 | 45123 |
| \* | Sequent Scientific <br> Ltd.<br>| 15132 | 36632 |
|  | Seshasayee Paper & <br> Boards Ltd.<br>| 6832 | 19656 |
| Ω | SH Kelkar & Co. Ltd. | 18152 | 45100 |
| \* | Shalby Ltd. | 4833 | 13012 |
|  | Shankara Building <br> Products Ltd.<br>| 1193 | 1881 |
|  | Shankara Buildpro <br> Ltd.<br>| 1193 | 9884 |
|  | Shanthi Gears Ltd. | 4322 | 23883 |
|  | Sharda Cropchem <br> Ltd.<br>| 10452 | 101821 |
|  | Sharda Motor <br> Industries Ltd.<br>| 2710 | 31640 |
|  | Share India Securities <br> Ltd.<br>| 17297 | 36345 |
|  | Shilpa Medicare Ltd. | 20432 | 80937 |
|  | Shipping Corp. of <br> India Land & Assets <br> Ltd.<br>| 59327 | 34072 |
|  | Shipping Corp. of <br> India Ltd.<br>| 65823 | 192023 |
| \* | Shoppers Stop Ltd. | 11621 | 66988 |
|  | Shree Cement Ltd. | 713 | 227367 |
|  | Shriram Finance Ltd. | 329700 | 2789641 |
|  | Shriram Pistons & <br> Rings Ltd.<br>| 2248 | 66138 |
| \* | Siemens Energy India <br> Ltd.<br>| 1925 | 68939 |
|  | Siemens Ltd. | 1925 | 67255 |
| \* | SIS Ltd. | 16961 | 63754 |
|  | Siyaram Silk Mills <br> Ltd.<br>| 4520 | 38382 |
|  | SJS Enterprises Ltd. | 3196 | 57960 |
|  | SKF India Industrial <br> Ltd.<br>| 5640 | 172076 |
|  | SKF India Ltd. | 5640 | 134894 |
|  | Skipper Ltd. | 5063 | 29760 |
|  | Sobha Ltd. | 8818 | 160781 |
|  | Solar Industries India <br> Ltd.<br>| 6105 | 956393 |
| \* | Solara Active Pharma <br> Sciences Ltd.<br>| 4763 | 32323 |
|  | Somany Ceramics <br> Ltd.<br>| 5724 | 29390 |
|  | Sonata Software Ltd. | 59569 | 248924 |
|  | South Indian Bank <br> Ltd.<br>| 648890 | 268902 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Spandana Sphoorty <br> Financial Ltd.<br>| 783 | $2009 |
|  | SRF Ltd. | 24207 | 799924 |
|  | Star Cement Ltd. | 20987 | 60485 |
|  | State Bank of India <br> (SBID LI), GDR<br>| 490 | 51942 |
|  | State Bank of India <br> (SBIN IN)<br>| 114695 | 1211534 |
|  | State Bank of India <br> (SBKFF US), GDR<br>| 2177 | 230762 |
|  | Steel Authority of India <br> Ltd.<br>| 331912 | 509921 |
| \* | Sterlite Technologies <br> Ltd.<br>| 52825 | 69843 |
| \* | STL Networks Ltd. | 52825 | 15573 |
|  | Strides Pharma <br> Science Ltd.<br>| 19479 | 204185 |
| \* | Stylam Industries Ltd. | 1806 | 41486 |
|  | Styrenix Performance <br> Materials Ltd.<br>| 603 | 16049 |
| \* | Subex Ltd. | 85031 | 12349 |
|  | Subros Ltd. | 10122 | 123404 |
|  | Sudarshan Chemical <br> Industries Ltd.<br>| 12850 | 166102 |
|  | Sumitomo Chemical <br> India Ltd.<br>| 18532 | 104751 |
|  | Sun Pharmaceutical <br> Industries Ltd. <br> (SUNP IN)<br>| 39264 | 748616 |
|  | Sun TV Network Ltd. | 29483 | 186326 |
|  | Sundaram Finance <br> Ltd.<br>| 12288 | 630379 |
|  | Sundaram-Clayton <br> Ltd.<br>| 1656 | 27828 |
|  | Sundram Fasteners <br> Ltd.<br>| 23120 | 246353 |
|  | Sunflag Iron & Steel <br> Co. Ltd.<br>| 5016 | 15124 |
|  | Sunteck Realty Ltd. | 18820 | 93608 |
|  | Suprajit Engineering <br> Ltd.<br>| 20062 | 100780 |
|  | Supreme Industries <br> Ltd.<br>| 13018 | 557134 |
|  | Supreme Petrochem <br> Ltd.<br>| 22062 | 186492 |
|  | Surya Roshni Ltd. | 27536 | 91086 |
| \* | Suryoday Small <br> Finance Bank Ltd.<br>| 15323 | 26271 |
| \* | Suzlon Energy Ltd. | 775346 | 518192 |
|  | Swaraj Engines Ltd. | 1425 | 64099 |
| Ω | Syngene International <br> Ltd.<br>| 25178 | 184911 |
|  | TAJGVK Hotels & <br> Resorts Ltd.<br>| 3470 | 16439 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Talbros Automotive <br> Components Ltd.<br>| 2544 | $8370 |
|  | Tamil Nadu Newsprint <br> & Papers Ltd.<br>| 15403 | 27058 |
|  | Tamilnadu <br> Petroproducts Ltd.<br>| 8299 | 11616 |
|  | Tanla Platforms Ltd. | 8550 | 58875 |
| \* | TARC Ltd. | 34062 | 60086 |
|  | Tata Chemicals Ltd. | 52847 | 530689 |
|  | Tata Communications <br> Ltd.<br>| 23355 | 492576 |
|  | Tata Consultancy <br> Services Ltd.<br>| 67519 | 2325301 |
|  | Tata Consumer <br> Products Ltd.<br>| 39732 | 520332 |
|  | Tata Elxsi Ltd. | 6519 | 400258 |
| \* | Tata Motors Ltd./new | 242466 | 712201 |
|  | Tata Motors <br> Passenger Vehicles <br> Ltd.<br>| 242466 | 1119382 |
|  | Tata Power Co. Ltd. | 176417 | 803753 |
|  | Tata Steel Ltd. | 1475346 | 3037281 |
|  | TCI Express Ltd. | 3754 | 28739 |
|  | TD Power Systems <br> Ltd.<br>| 29800 | 253984 |
| \* | TeamLease Services <br> Ltd.<br>| 973 | 18401 |
|  | Tech Mahindra Ltd. | 45211 | 724473 |
|  | Techno Electric & <br> Engineering Co. <br> Ltd.<br>| 12589 | 188468 |
|  | Tega Industries Ltd. | 421 | 9189 |
|  | Texmaco Rail & <br> Engineering Ltd.<br>| 49331 | 75886 |
|  | Thanga Mayil <br> Jewellery Ltd.<br>| 1650 | 40371 |
|  | Thejo Engineering <br> Ltd.<br>| 612 | 12346 |
|  | Themis Medicare Ltd. | 3727 | 5230 |
|  | Thermax Ltd. | 2584 | 93602 |
|  | Thirumalai Chemicals <br> Ltd.<br>| 17134 | 54589 |
|  | Thomas Cook India <br> Ltd.<br>| 36462 | 65755 |
| Ω | Thyrocare <br> Technologies Ltd.<br>| 4402 | 68309 |
|  | Tilaknagar Industries <br> Ltd.<br>| 20689 | 122742 |
|  | Time Technoplast Ltd. | 104570 | 254233 |
|  | Timken India Ltd. | 5493 | 196344 |
|  | Titagarh Rail System <br> Ltd.<br>| 16029 | 159806 |
|  | Titan Co. Ltd. | 27228 | 1147859 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Torrent <br> Pharmaceuticals <br> Ltd.<br>| 20591 | $822775 |
|  | Torrent Power Ltd. | 39877 | 591288 |
|  | Tourism Finance Corp. <br> of India Ltd.<br>| 108055 | 85052 |
| \* | TransIndia Real <br> Estate Ltd.<br>| 10856 | 3533 |
|  | Transport Corp. of <br> India Ltd.<br>| 9892 | 133425 |
|  | Trent Ltd. | 10624 | 561542 |
|  | Trident Ltd. | 309053 | 99504 |
|  | Triveni Engineering & <br> Industries Ltd.<br>| 37325 | 150399 |
|  | Triveni Turbine Ltd. | 9150 | 54972 |
|  | TTK Healthcare Ltd. | 475 | 6294 |
|  | TTK Prestige Ltd. | 10094 | 76566 |
|  | Tube Investments of <br> India Ltd.<br>| 27497 | 935075 |
|  | TVS Holdings Ltd. | 1656 | 282725 |
|  | TVS Motor Co. Ltd. | 47653 | 1882204 |
|  | TVS Srichakra Ltd. | 1447 | 67429 |
|  | Uflex Ltd. | 11771 | 71724 |
| \* | Ugro Capital Ltd. | 21291 | 43825 |
| \*Ω | Ujjivan Small Finance <br> Bank Ltd.<br>| 115379 | 67462 |
|  | UltraTech Cement <br> Ltd.<br>| 4812 | 645809 |
| \* | Unichem Laboratories <br> Ltd.<br>| 9550 | 50883 |
|  | Union Bank of India <br> Ltd.<br>| 199983 | 334138 |
|  | United Breweries Ltd. | 3175 | 64278 |
|  | United Spirits Ltd. | 39557 | 637098 |
|  | UNO Minda Ltd. | 51988 | 721845 |
|  | UPL Ltd. | 193634 | 1566055 |
| \* | Urja Global Ltd. | 81988 | 12103 |
|  | Usha Martin Ltd. | 48729 | 253360 |
|  | UTI Asset <br> Management Co. <br> Ltd.<br>| 14793 | 208041 |
|  | VA Tech Wabag Ltd. | 14418 | 229015 |
|  | Vadilal Industries Ltd. | 532 | 31752 |
|  | Vaibhav Global Ltd. | 17605 | 53038 |
| \* | Valor Estate Ltd. | 24477 | 40998 |
|  | Vardhman Special <br> Steels Ltd.<br>| 2805 | 9073 |
|  | Vardhman Textiles <br> Ltd.<br>| 40668 | 201011 |
| Ω | Varroc Engineering <br> Ltd.<br>| 13072 | 90198 |
|  | Varun Beverages Ltd. | 111631 | 589713 |
| \* | Vascon Engineers <br> Ltd.<br>| 4992 | 3747 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Vedanta Ltd. | 338403 | $1881512 |
|  | Veedol Corp. Ltd. | 1030 | 20515 |
|  | Venky's India Ltd. | 1715 | 29193 |
|  | Vesuvius India Ltd. | 31880 | 176962 |
|  | V-Guard Industries <br> Ltd.<br>| 35226 | 143810 |
|  | Vinati Organics Ltd. | 9335 | 173628 |
|  | Vindhya Telelinks Ltd. | 2575 | 39400 |
|  | Vishnu Chemicals <br> Ltd.<br>| 4745 | 27691 |
| \* | VL E-Governance & <br> IT Solutions Ltd.<br>| 22171 | 5985 |
| \* | Vodafone Idea Ltd. | 1722808 | 169270 |
|  | Voltamp Transformers <br> Ltd.<br>| 1363 | 114073 |
|  | Voltas Ltd. | 14336 | 222716 |
|  | VRL Logistics Ltd. | 21374 | 67319 |
|  | VST Industries Ltd. | 18447 | 54173 |
|  | VST Tillers Tractors <br> Ltd.<br>| 975 | 65863 |
|  | Welspun Corp. Ltd. | 50380 | 546698 |
|  | Welspun Enterprises <br> Ltd.<br>| 19817 | 125049 |
|  | Welspun Living Ltd. | 110117 | 160172 |
|  | West Coast Paper <br> Mills Ltd.<br>| 12552 | 64175 |
|  | Westlife Foodworld <br> Ltd.<br>| 15854 | 106634 |
|  | Whirlpool of India Ltd. | 4402 | 68780 |
|  | Wipro Ltd. | 203012 | 550320 |
| \* | Wockhardt Ltd. | 12157 | 175087 |
|  | Wonderla Holidays <br> Ltd.<br>| 6827 | 43886 |
|  | Yaari Digital <br> Integrated Services <br> Ltd.<br>| 57312 | 13719 |
| \* | Yes Bank Ltd. | 45820 | 11754 |
|  | Zee Entertainment <br> Enterprises Ltd.<br>| 231835 | 261956 |
| \* | Zee Media Corp. Ltd. | 107388 | 12100 |
|  | Zensar Technologies <br> Ltd.<br>| 38222 | 342408 |
|  | Zydus Lifesciences <br> Ltd.<br>| 35739 | 393322 |
|  | Zydus Wellness Ltd. | 20775 | 111742 |
| TOTAL INDIA | TOTAL INDIA |  | 248204160 |
| INDONESIA — (0.4%) | INDONESIA — (0.4%) | INDONESIA — (0.4%) | INDONESIA — (0.4%) |
|  | ABM Investama Tbk. <br> PT<br>| 144100 | 25638 |
|  | AKR Corporindo Tbk. <br> PT<br>| 1846900 | 135567 |
| \* | Alam Sutera Realty <br> Tbk. PT<br>| 4051400 | 39430 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Alamtri Minerals <br> Indonesia Tbk. PT<br>| 873000 | $73175 |
|  | Alamtri Resources <br> Indonesia Tbk. PT<br>| 4042400 | 457626 |
| \* | Amman Mineral <br> Internasional PT<br>| 37000 | 15782 |
|  | Aneka Tambang Tbk. <br> PT<br>| 2147846 | 399516 |
| \*†† | Armidian Karyatama <br> Tbk. PT<br>| 544900 | 0 |
|  | Arwana Citramulia <br> Tbk. PT<br>| 1326700 | 43835 |
|  | Aspirasi Hidup <br> Indonesia Tbk. PT<br>| 1894100 | 50539 |
|  | Astra Agro Lestari <br> Tbk. PT<br>| 162100 | 76055 |
|  | Astra International <br> Tbk. PT<br>| 2243000 | 829379 |
|  | Astra Otoparts Tbk. <br> PT<br>| 396000 | 60742 |
|  | Avia Avian Tbk. PT | 1776600 | 44177 |
| \* | Bank Aladin Syariah <br> Tbk. PT<br>| 602600 | 34046 |
|  | Bank Amar Indonesia <br> Tbk. PT<br>| 503666 | 6962 |
|  | Bank BTPN Syariah <br> Tbk. PT<br>| 700400 | 57649 |
|  | Bank Central Asia <br> Tbk. PT<br>| 2994300 | 1533056 |
| \* | Bank China <br> Construction Bank <br> Indonesia Tbk. PT<br>| 2812000 | 12352 |
| \* | Bank Jago Tbk. PT | 185400 | 24357 |
| \* | Bank KB Indonesia <br> Tbk. PT<br>| 7881856 | 32176 |
|  | Bank Mandiri Persero <br> Tbk. PT<br>| 4366600 | 1237117 |
| \* | Bank Mayapada <br> International Tbk. <br> PT<br>| 3615992 | 52629 |
|  | Bank Maybank <br> Indonesia Tbk. PT<br>| 1445900 | 17907 |
|  | Bank Negara <br> Indonesia Persero <br> Tbk. PT<br>| 1605600 | 422007 |
| \* | Bank Neo Commerce <br> Tbk. PT<br>| 2633900 | 61485 |
|  | Bank OCBC Nisp Tbk. <br> PT<br>| 796500 | 65815 |
|  | Bank Pan Indonesia <br> Tbk. PT<br>| 1283500 | 79585 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Bank Pembangunan <br> Daerah Jawa Barat <br> Dan Banten Tbk. <br> PT<br>| 820743 | $39729 |
|  | Bank Pembangunan <br> Daerah Jawa Timur <br> Tbk. PT<br>| 1259300 | 41265 |
|  | Bank Rakyat <br> Indonesia Persero <br> Tbk. PT<br>| 3159234 | 755753 |
|  | Bank Syariah <br> Indonesia Tbk. PT<br>| 833160 | 127595 |
|  | Bank Tabungan <br> Negara Persero <br> Tbk. PT<br>| 1737592 | 127768 |
| \* | Barito Pacific Tbk. PT | 873282 | 180983 |
|  | Barito Renewables <br> Energy Tbk. PT<br>| 44000 | 22940 |
|  | BFI Finance Indonesia <br> Tbk. PT<br>| 2437900 | 117882 |
|  | BISI International Tbk. <br> PT<br>| 199000 | 10644 |
|  | Blue Bird Tbk. PT | 168500 | 17935 |
| \* | Buana Lintas Lautan <br> Tbk. PT<br>| 3163100 | 41383 |
| \* | Bukalapak.com Tbk. <br> PT<br>| 17484300 | 176633 |
|  | Bukit Asam Tbk. PT | 1240600 | 178925 |
| \* | Buma Internasional <br> Grup Tbk. PT<br>| 1404500 | 28848 |
| \* | Bumi Resources <br> Minerals Tbk. PT<br>| 5308700 | 293290 |
| \* | Bumi Resources Tbk. <br> PT<br>| 17330300 | 147785 |
| \* | Bumi Serpong Damai <br> Tbk. PT<br>| 1288000 | 75723 |
| \* | Capital Financial <br> Indonesia Tbk. PT<br>| 1344700 | 88527 |
| \* | Cemindo Gemilang <br> PT<br>| 689100 | 31905 |
|  | Charoen Pokphand <br> Indonesia Tbk. PT<br>| 774400 | 217320 |
| Ω | Cikarang Listrindo <br> Tbk. PT<br>| 409000 | 17336 |
|  | Ciputra Development <br> Tbk. PT<br>| 2794447 | 148446 |
|  | Cisarua Mountain <br> Dairy Tbk. PT<br>| 198800 | 67815 |
| \* | Citra Marga <br> Nusaphala Persada <br> Tbk. PT<br>| 166518 | 13000 |
|  | Dayamitra <br> Telekomunikasi PT<br>| 3553900 | 119641 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Dharma Satya <br> Nusantara Tbk. PT<br>| 1298400 | $147323 |
| \* | Dian Swastatika <br> Sentosa Tbk. PT<br>| 57900 | 294236 |
|  | Elang Mahkota <br> Teknologi Tbk. PT<br>| 3429100 | 243735 |
|  | Elnusa Tbk. PT | 1799200 | 55223 |
| \* | Energi Mega Persada <br> Tbk. PT<br>| 3527000 | 175007 |
|  | Erajaya Swasembada <br> Tbk. PT<br>| 3182500 | 81081 |
|  | ESSA Industries <br> Indonesia Tbk. PT<br>| 2376500 | 87836 |
|  | Gajah Tunggal Tbk. <br> PT<br>| 649500 | 40624 |
|  | Garudafood Putra <br> Putri Jaya Tbk. PT<br>| 2647400 | 57275 |
|  | Golden Energy Mines <br> Tbk. PT<br>| 50500 | 27472 |
|  | Gudang Garam Tbk. <br> PT<br>| 171300 | 178252 |
| \* | Harum Energy Tbk. <br> PT<br>| 505500 | 35528 |
| \* | Impack Pratama <br> Industri Tbk. PT<br>| 1776300 | 251797 |
|  | Indah Kiat Pulp & <br> Paper Tbk. PT<br>| 759900 | 339853 |
|  | Indika Energy Tbk. <br> PT<br>| 446900 | 56098 |
|  | Indo Tambangraya <br> Megah Tbk. PT<br>| 140900 | 198980 |
|  | Indocement Tunggal <br> Prakarsa Tbk. PT<br>| 227200 | 85287 |
|  | Indofood CBP Sukses <br> Makmur Tbk. PT<br>| 142700 | 74576 |
|  | Indofood Sukses <br> Makmur Tbk. PT<br>| 1133000 | 504202 |
|  | Indomobil Sukses <br> Internasional Tbk. <br> PT<br>| 398300 | 27563 |
|  | Indosat Tbk. PT | 1060400 | 120058 |
|  | Industri Jamu Dan <br> Farmasi Sido <br> Muncul Tbk. PT<br>| 2078076 | 69949 |
| \*†† | Inti Agri Resources <br> Tbk. PT<br>| 532800 | 0 |
| \* | Intiland Development <br> Tbk. PT<br>| 873100 | 7036 |
|  | Japfa Comfeed <br> Indonesia Tbk. PT<br>| 1792100 | 270101 |
|  | Jasa Marga Persero <br> Tbk. PT<br>| 367604 | 78893 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Jaya Real Property <br> Tbk. PT<br>| 957600 | $49467 |
|  | Kalbe Farma Tbk. PT | 1747300 | 134021 |
|  | Kawasan Industri <br> Jababeka Tbk. PT<br>| 5806510 | 66625 |
| \* | Lippo Karawaci Tbk. <br> PT<br>| 10772700 | 57636 |
|  | Map Aktif Adiperkasa <br> PT<br>| 3040400 | 127668 |
|  | Matahari Department <br> Store Tbk. PT<br>| 289600 | 29338 |
|  | Mayora Indah Tbk. <br> PT<br>| 633400 | 81000 |
|  | Medco Energi <br> Internasional Tbk. <br> PT<br>| 3468500 | 277554 |
| \* | Media Nusantara Citra <br> Tbk. PT<br>| 2673600 | 43070 |
|  | Medikaloka Hermina <br> Tbk. PT<br>| 2104600 | 190028 |
| \* | Merdeka Battery <br> Materials Tbk. PT<br>| 4273500 | 161473 |
| \* | Merdeka Copper Gold <br> Tbk. PT<br>| 1354142 | 198144 |
| \* | Metro Healthcare <br> Indonesia Tbk. PT<br>| 1818200 | 35187 |
|  | Metrodata Electronics <br> Tbk. PT<br>| 1934000 | 70898 |
|  | Midi Utama Indonesia <br> Tbk. PT<br>| 405000 | 10075 |
|  | Mitra Adiperkasa Tbk. <br> PT<br>| 3535200 | 273834 |
|  | Mitra Keluarga <br> Karyasehat Tbk. <br> PT<br>| 457700 | 71024 |
|  | Mitra Pinasthika <br> Mustika Tbk. PT<br>| 655500 | 38223 |
| \* | MNC Digital <br> Entertainment Tbk. <br> PT<br>| 978300 | 29701 |
| \* | MNC Tourism <br> Indonesia Tbk. PT<br>| 19621000 | 172064 |
| Ω | Nusantara Sejahtera <br> Raya Tbk. PT<br>| 994300 | 7123 |
|  | Pabrik Kertas Tjiwi <br> Kimia Tbk. PT<br>| 426900 | 178753 |
| \* | Pacific Strategic <br> Financial Tbk. PT<br>| 719300 | 48659 |
|  | Pakuwon Jati Tbk. PT | 4627000 | 102249 |
| \* | Panin Financial Tbk. <br> PT<br>| 3727900 | 53747 |
|  | Pantai Indah Kapuk <br> Dua Tbk. PT<br>| 70500 | 59679 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Perusahaan Gas <br> Negara Tbk. PT<br>| 1396500 | $146013 |
|  | Perusahaan <br> Perkebunan London <br> Sumatra Indonesia <br> Tbk. PT<br>| 918500 | 77531 |
|  | Petrindo Jaya Kreasi <br> Tbk. PT<br>| 2642000 | 318975 |
|  | Petrosea Tbk. PT | 659800 | 269276 |
| \*†† | Pool Advista <br> Indonesia Tbk. PT<br>| 107000 | 60 |
| \* | PP Persero Tbk. PT | 611000 | 14019 |
|  | Puradelta Lestari Tbk. <br> PT<br>| 3333600 | 26633 |
| \*†† | Rimo International <br> Lestari Tbk. PT<br>| 17222700 | 0 |
|  | Rukun Raharja Tbk. <br> PT<br>| 207100 | 50434 |
|  | Samudera Indonesia <br> Tbk. PT<br>| 2565000 | 48750 |
| \* | Sarana Meditama <br> Metropolitan Tbk. <br> PT<br>| 1026800 | 18784 |
|  | Sarana Menara <br> Nusantara Tbk. PT<br>| 4605100 | 150717 |
|  | Sariguna Primatirta <br> Tbk. PT<br>| 1578200 | 51195 |
|  | Sawit Sumbermas <br> Sarana Tbk. PT<br>| 939900 | 90964 |
| \*†† | Sekawan Intipratama <br> Tbk. PT<br>| 253200 | 0 |
|  | Selamat Sempurna <br> Tbk. PT<br>| 783200 | 90405 |
|  | Semen Indonesia <br> Persero Tbk. PT<br>| 664510 | 110090 |
| \* | Siloam International <br> Hospitals Tbk. PT<br>| 230468 | 30055 |
| \*†† | Sri Rejeki Isman Tbk. <br> PT<br>| 5584400 | 0 |
|  | Sumber Alfaria Trijaya <br> Tbk. PT<br>| 3922400 | 473637 |
|  | Sumber Tani Agung <br> Resources Tbk. PT<br>| 666200 | 55718 |
|  | Summarecon Agung <br> Tbk. PT<br>| 2680323 | 63077 |
|  | Surya Citra Media <br> Tbk. PT<br>| 4617500 | 93639 |
|  | Surya Semesta <br> Internusa Tbk. PT<br>| 1950500 | 182732 |
| # | Telkom Indonesia <br> Persero Tbk. PT <br> (TLK US), ADR<br>| 4314 | 84511 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Telkom Indonesia <br> Persero Tbk. PT <br> (TLKM IJ)<br>| 1659900 | $321082 |
|  | Temas Tbk. PT | 3424000 | 26749 |
|  | Tempo Scan Pacific <br> Tbk. PT<br>| 231900 | 39737 |
|  | Timah Tbk. PT | 691000 | 110866 |
|  | Tower Bersama <br> Infrastructure Tbk. <br> PT<br>| 510300 | 73047 |
| \*†† | Trada Alam Minera <br> Tbk. PT<br>| 8033600 | 0 |
|  | Transcoal Pacific Tbk. <br> PT<br>| 108100 | 51015 |
| \* | Trimegah Sekuritas <br> Indonesia Tbk. PT<br>| 503900 | 15900 |
|  | Triputra Agro Persada <br> PT<br>| 1565000 | 177014 |
|  | Tunas Baru Lampung <br> Tbk. PT<br>| 935614 | 41898 |
|  | Ultrajaya Milk Industry <br> & Trading Co. Tbk. <br> PT<br>| 494600 | 44619 |
|  | Unilever Indonesia <br> Tbk. PT<br>| 549800 | 85250 |
|  | United Tractors Tbk. <br> PT<br>| 472500 | 763975 |
|  | Vale Indonesia Tbk. <br> PT<br>| 477245 | 136173 |
| \*†† | Waskita Karya <br> Persero Tbk. PT<br>| 3327686 | 7580 |
| \*†† | Wijaya Karya Persero <br> Tbk. PT<br>| 2883734 | 13266 |
|  | XLSMART Telecom <br> Sejahtera Tbk. PT<br>| 1519729 | 238424 |
| TOTAL INDONESIA | TOTAL INDONESIA |  | 19646710 |
| IRELAND — (0.4%) | IRELAND — (0.4%) | IRELAND — (0.4%) | IRELAND — (0.4%) |
|  | AIB Group PLC | 659400 | 6077245 |
|  | Bank of Ireland Group <br> PLC<br>| 321482 | 5263622 |
|  | Cairn Homes PLC | 192959 | 428767 |
|  | Dalata Hotel Group <br> PLC<br>| 79144 | 587114 |
|  | FBD Holdings PLC <br> (FBD ID)<br>| 12798 | 214082 |
|  | Glanbia PLC (GLB <br> ID)<br>| 47217 | 799192 |
| \*Ω | Glenveagh Properties <br> PLC<br>| 186836 | 410672 |
|  | Irish Continental <br> Group PLC (IR5B <br> ID)<br>| 43924 | 290647 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) | IRELAND — (Continued) |
|  | Kerry Group PLC <br> (KYGA ID), Class A<br>| 8801 | $802852 |
|  | Kingspan Group PLC <br> (KSP ID)<br>| 33331 | 2495768 |
| \* | Permanent TSB <br> Group Holdings <br> PLC<br>| 27099 | 90812 |
| TOTAL IRELAND | TOTAL IRELAND |  | 17460773 |
| ISRAEL — (0.8%) | ISRAEL — (0.8%) | ISRAEL — (0.8%) | ISRAEL — (0.8%) |
| #\* | Adgar Investment & <br> Development Ltd.<br>| 20210 | 31748 |
| \* | AFI Properties Ltd. | 3808 | 258186 |
|  | Africa Israel <br> Residences Ltd.<br>| 1024 | 89176 |
| \* | Airport City Ltd. | 12331 | 243741 |
| \* | Allot Ltd. | 4114 | 40390 |
|  | Alony Hetz Properties <br> & Investments Ltd.<br>| 23769 | 291419 |
|  | Alrov Properties & <br> Lodgings Ltd.<br>| 2536 | 227785 |
|  | Amos Luzon <br> Development & <br> Energy Group Ltd.<br>| 42724 | 48676 |
|  | Amot Investments <br> Ltd.<br>| 14608 | 115329 |
|  | Analyst IMS <br> Investment <br> Management <br> Services Ltd.<br>| 1267 | 52953 |
|  | Arad Ltd. | 4947 | 79051 |
| \* | Argo Properties NV | 2506 | 91879 |
| \* | Ashdod Refinery Ltd. | 2316 | 39213 |
| # | Ashtrom Group Ltd. | 8814 | 201380 |
|  | AudioCodes Ltd. <br> (AUDC US)<br>| 7330 | 65457 |
|  | Aura Investments Ltd. | 12697 | 91585 |
|  | Automatic Bank <br> Services Ltd.<br>| 5810 | 40391 |
|  | Azorim-Investment <br> Development & <br> Construction Co. <br> Ltd.<br>| 9305 | 62324 |
|  | Azrieli Group Ltd. | 1691 | 178404 |
|  | Bank Hapoalim BM | 144881 | 2938572 |
|  | Bank Leumi Le-Israel <br> BM<br>| 212296 | 4308753 |
| \* | Bet Shemesh Engines <br> Holdings 1997 Ltd.<br>| 1819 | 375074 |
|  | Bezeq The Israeli <br> Telecommunication <br> Corp. Ltd.<br>| 239336 | 490232 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Big Shopping Centers <br> Ltd.<br>| 1233 | $275833 |
|  | Blue Square Real <br> Estate Ltd.<br>| 1552 | 187549 |
| \* | Camtek Ltd. | 1451 | 181330 |
|  | Carasso Motors Ltd. | 9772 | 117405 |
| \* | Cellcom Israel Ltd. <br> (CEL IT)<br>| 48962 | 510408 |
|  | Clal Insurance <br> Enterprises <br> Holdings Ltd.<br>| 23464 | 1304720 |
|  | Cohen Development <br> Gas & Oil Ltd.<br>| 260 | 17090 |
| \* | Compugen Ltd. | 10412 | 17307 |
|  | Danel Adir Yeoshua <br> Ltd.<br>| 2031 | 281048 |
|  | Danya Cebus Ltd. | 1918 | 80632 |
|  | Delek Automotive <br> Systems Ltd.<br>| 6426 | 54060 |
|  | Delek Group Ltd. | 2779 | 730696 |
|  | Delta Galil Ltd. | 5326 | 297362 |
|  | Delta Israel Brands <br> Ltd.<br>| 1199 | 38870 |
|  | Diplomat Holdings <br> Ltd.<br>| 1100 | 17416 |
| # | Direct Finance of <br> Direct Group 2006 <br> Ltd.<br>| 165 | 28593 |
|  | Dor Alon Energy in <br> Israel 1988 Ltd.<br>| 1403 | 63238 |
| \* | Doral Group <br> Renewable Energy <br> Resources Ltd.<br>| 28316 | 202858 |
|  | Duniec Brothers Ltd. | 917 | 76214 |
| \* | El Al Israel Airlines | 55931 | 232416 |
|  | Elbit Systems Ltd. <br> (ESLT US)<br>| 311 | 148269 |
|  | Electra Consumer <br> Products 1970 Ltd.<br>| 1849 | 64036 |
|  | Electra Ltd. | 11100 | 351739 |
| \* | Electra Real Estate <br> Ltd.<br>| 2119 | 32391 |
|  | Energix-Renewable <br> Energies Ltd.<br>| 19149 | 88440 |
| \* | Enlight Renewable <br> Energy Ltd. (ENLT <br> IT)<br>| 3423 | 118982 |
| \* | Enlight Renewable <br> Energy Ltd. (ENLT <br> US)<br>| 3135 | 110352 |
| \* | Equital Ltd. | 7659 | 365258 |
| \* | Fattal Holdings 1998 <br> Ltd.<br>| 1780 | 323081 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | First International <br> Bank of Israel Ltd.<br>| 14348 | $1031937 |
|  | FMS Enterprises <br> Migun Ltd.<br>| 1064 | 61211 |
|  | Formula Systems <br> 1985 Ltd. (FORTY <br> IT)<br>| 2636 | 382657 |
|  | Fox Wizel Ltd. | 3553 | 409350 |
| \* | Gilat Satellite <br> Networks Ltd.<br>| 8621 | 124245 |
| \* | Hagag Group Real <br> Estate <br> Development<br>| 11912 | 85596 |
|  | Hamat Group Ltd. | 5314 | 24938 |
|  | Harel Insurance <br> Investments & <br> Financial Services <br> Ltd.<br>| 26685 | 930058 |
|  | Hilan Ltd. | 4993 | 393352 |
|  | Hiper Global Ltd. | 1464 | 8329 |
|  | ICL Group Ltd. | 43607 | 285647 |
|  | IDI Insurance Co. Ltd. | 3452 | 204679 |
| \* | IES Holdings Ltd. | 852 | 81994 |
|  | Ilex Medical Ltd. | 1583 | 31725 |
|  | Inrom Construction <br> Industries Ltd.<br>| 14455 | 107697 |
|  | Isracard Ltd. | 61649 | 263019 |
|  | Israel Canada TR <br> Ltd.<br>| 15422 | 80340 |
|  | Israel Discount Bank <br> Ltd., Class A<br>| 168812 | 1687070 |
|  | Israel Shipyards <br> Industries Ltd.<br>| 1705 | 65523 |
|  | Isras Investment Co. <br> Ltd.<br>| 575 | 161104 |
|  | Issta Ltd. | 2735 | 88990 |
|  | Kamada Ltd. (KMDA <br> IT)<br>| 2220 | 15508 |
| \* | Kamada Ltd. (KMDA <br> US)<br>| 6695 | 46329 |
|  | Kardan Real Estate <br> Enterprise & <br> Development Ltd.<br>| 30989 | 66627 |
|  | Kenon Holdings Ltd. | 5202 | 270956 |
|  | Kerur Holdings Ltd. | 1856 | 51715 |
|  | Kvutzat Acro Ltd. | 4883 | 71401 |
|  | Lahav L.R. Real <br> Estate Ltd.<br>| 7178 | 13875 |
|  | Land Development <br> Nimrodi Group Ltd.<br>| 8235 | 94305 |
|  | Lapidoth Capital Ltd. | 1405 | 35255 |
|  | M Yochananof & Sons <br> Ltd.<br>| 1596 | 135053 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Magic Software <br> Enterprises Ltd. <br> (MGIC IT)<br>| 1425 | $29207 |
|  | Magic Software <br> Enterprises Ltd. <br> (MGIC US)<br>| 11223 | 232092 |
| \* | Malam - Team Ltd. | 2662 | 114290 |
|  | Matrix IT Ltd. | 9410 | 348486 |
|  | Max Stock Ltd. | 23380 | 168903 |
|  | Maytronics Ltd. | 16664 | 20630 |
|  | Mediterranean Towers <br> Ltd.<br>| 32870 | 144965 |
|  | Mega Or Holdings <br> Ltd.<br>| 4762 | 292402 |
|  | Meitav Investment <br> House Ltd.<br>| 16138 | 507722 |
|  | Melisron Ltd. | 1840 | 239504 |
|  | MENIF - Financial <br> Services Ltd.<br>| 3440 | 21805 |
|  | Menora Mivtachim <br> Holdings Ltd.<br>| 5554 | 553233 |
| \* | Meshek Energy <br> Renewable <br> Energies Ltd.<br>| 44062 | 89182 |
|  | Meshulam Levinstein <br> Contracting & <br> Engineering Ltd.<br>| 646 | 97419 |
|  | Migdal Insurance & <br> Financial Holdings <br> Ltd.<br>| 103517 | 371471 |
|  | Mivne Real Estate KD <br> Ltd.<br>| 70674 | 312044 |
|  | Mivtach Shamir <br> Holdings Ltd.<br>| 2074 | 196247 |
|  | Mizrahi Tefahot Bank <br> Ltd.<br>| 21980 | 1429058 |
|  | Naphtha Israel <br> Petroleum Corp. <br> Ltd.<br>| 6012 | 50592 |
|  | Nawi Group Ltd. | 5014 | 82943 |
| \* | Nayax Ltd. | 521 | 21783 |
|  | Neto Malinda Trading <br> Ltd.<br>| 2327 | 102176 |
| \* | Neto ME Holdings <br> Ltd.<br>| 161 | 10290 |
|  | Next Vision Stabilized <br> Systems Ltd.<br>| 13571 | 595819 |
| \* | Nice Ltd. (NICE IT) | 193 | 26327 |
| #\* | Nice Ltd. (NICE US), <br> Sponsored ADR<br>| 702 | 95935 |
| \* | Nova Ltd. (NVMI IT) | 586 | 203553 |
|  | Novolog Ltd. | 74680 | 29036 |
|  | Oil Refineries Ltd. | 638286 | 186347 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | One Software <br> Technologies Ltd.<br>| 15054 | $404795 |
| \* | OPC Energy Ltd. | 6083 | 109746 |
| \* | OY Nofar Energy Ltd. | 2215 | 70706 |
|  | Palram Industries <br> 1990 Ltd.<br>| 5010 | 115439 |
|  | Partner <br> Communications <br> Co. Ltd.<br>| 51349 | 509841 |
|  | Paz Retail & Energy <br> Ltd.<br>| 3262 | 696875 |
| \* | Perion Network Ltd. | 10726 | 100864 |
|  | Phoenix Financial <br> Ltd.<br>| 43541 | 1676199 |
| # | Plasson Industries <br> Ltd.<br>| 1203 | 70095 |
|  | Polyram Plastic <br> Industries Ltd.<br>| 4798 | 16740 |
|  | Prashkovsky <br> Investments & <br> Construction Ltd.<br>| 2012 | 102618 |
| \* | Priortech Ltd. | 1631 | 124684 |
|  | Qualitau Ltd. | 2085 | 320562 |
|  | Rami Levy Chain <br> Stores Hashikma <br> Marketing 2006 <br> Ltd.<br>| 3487 | 327716 |
| \* | Rani Zim Shopping <br> Centers Ltd.<br>| 14142 | 24965 |
|  | Retailors Ltd. | 5865 | 105082 |
|  | Sano-Brunos <br> Enterprises Ltd.<br>| 288 | 35027 |
|  | Scope Metals Group <br> Ltd.<br>| 2905 | 140473 |
|  | Shapir Engineering & <br> Industry Ltd.<br>| 1943 | 17376 |
| \* | Shikun & Binui Ltd. | 48163 | 268279 |
| \* | Shikun & Binui Soltec <br> Renewable Energy<br>| 50044 | 41783 |
|  | Shufersal Ltd. | 26366 | 327676 |
|  | Strauss Group Ltd. | 2516 | 70850 |
|  | Summit Real Estate <br> Holdings Ltd.<br>| 15262 | 312509 |
| # | Tadiran Group Ltd. | 843 | 44895 |
| Ω | Tamar Petroleum Ltd. | 20723 | 256538 |
| \* | TAT Technologies Ltd. | 930 | 39891 |
|  | Tel Aviv Stock <br> Exchange Ltd.<br>| 20243 | 471237 |
|  | Telsys Ltd. | 786 | 47456 |
| \* | Teva Pharmaceutical <br> Industries Ltd. <br> (TEVA IT)<br>| 30689 | 628400 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
| \* | Teva Pharmaceutical <br> Industries Ltd. <br> (TEVA US), <br> Sponsored ADR<br>| 66494 | $1361797 |
|  | Tiv Taam Holdings 1 <br> Ltd.<br>| 17262 | 46787 |
| \* | Tower Semiconductor <br> Ltd. (TSEM US)<br>| 3902 | 332333 |
|  | Turpaz Industries Ltd. | 5660 | 92559 |
| \* | Veridis Environment <br> Ltd.<br>| 2880 | 28656 |
|  | Victory Supermarket <br> Chain Ltd.<br>| 1508 | 21362 |
|  | YD More Investments <br> Ltd.<br>| 9388 | 127980 |
|  | YH Dimri Construction <br> & Development <br> Ltd.<br>| 879 | 106063 |
| TOTAL ISRAEL | TOTAL ISRAEL |  | 40160111 |
| ITALY — (2.3%) | ITALY — (2.3%) | ITALY — (2.3%) | ITALY — (2.3%) |
|  | A2A SpA | 574705 | 1674472 |
|  | ACEA SpA | 17230 | 417898 |
|  | Amplifon SpA | 24895 | 425449 |
| \* | Aquafil SpA | 10154 | 22238 |
|  | Ariston Holding NV | 13708 | 56991 |
|  | Arnoldo Mondadori <br> Editore SpA<br>| 66336 | 159412 |
|  | Ascopiave SpA | 20805 | 77198 |
| # | Avio SpA | 355 | 15384 |
|  | Azimut Holding SpA | 45890 | 1795986 |
|  | Banca Generali SpA | 21043 | 1191791 |
|  | Banca IFIS SpA | 8519 | 220094 |
|  | Banca Mediolanum <br> SpA<br>| 80142 | 1611212 |
| # | Banca Monte dei <br> Paschi di Siena <br> SpA<br>| 689456 | 6046861 |
|  | Banca Profilo SpA | 46925 | 8660 |
| \*Ω | Banca Sistema SpA | 18647 | 33724 |
|  | Banco BPM SpA | 403551 | 5879513 |
|  | Banco di Desio e della <br> Brianza SpA<br>| 18839 | 172178 |
| # | BasicNet SpA | 5690 | 45127 |
| \*Ω | BFF Bank SpA | 59627 | 719729 |
| # | Biesse SpA | 2426 | 15885 |
| # | BPER Banca SpA | 739498 | 8860590 |
|  | Brembo NV | 16904 | 182316 |
| # | Brunello Cucinelli <br> SpA<br>| 12044 | 1220639 |
|  | Buzzi SpA | 30301 | 1825442 |
| \* | Cairo Communication <br> SpA<br>| 20451 | 67923 |
| Ω | Carel Industries SpA | 4840 | 125830 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  | Cembre SpA | 1546 | $112621 |
|  | Cementir Holding NV | 16157 | 297701 |
| \* | CIR SpA-Compagnie <br> Industriali<br>| 281282 | 224405 |
|  | Comer Industries SpA | 343 | 14551 |
|  | Credito Emiliano SpA | 37931 | 600500 |
| #\* | Cy4gate SpA | 3411 | 26037 |
|  | d'Amico International <br> Shipping SA<br>| 18806 | 97423 |
| # | Danieli & C Officine <br> Meccaniche SpA <br> (DAN IM)<br>| 4771 | 257806 |
|  | Danieli & C Officine <br> Meccaniche SpA <br> (DANR IM)<br>| 14987 | 574656 |
|  | Datalogic SpA | 7679 | 40718 |
|  | De' Longhi SpA | 4608 | 168192 |
| \*Ω | doValue SpA | 14473 | 45208 |
|  | Emak SpA | 23116 | 27194 |
| Ω | Enav SpA | 24621 | 128648 |
|  | Enel SpA | 756545 | 7653028 |
|  | Eni SpA (ENI IM) | 413747 | 7629277 |
|  | ERG SpA | 13003 | 335427 |
|  | Esprinet SpA | 13585 | 90951 |
|  | Ferrari NV (RACE IM) | 9037 | 3619041 |
|  | Ferretti SpA | 32804 | 107751 |
|  | Fiera Milano SpA | 6134 | 55589 |
| # | Fila SpA | 13113 | 143779 |
|  | FinecoBank Banca <br> Fineco SpA<br>| 142072 | 3250628 |
| # | FNM SpA | 63935 | 33514 |
|  | Garofalo Health Care <br> SpA<br>| 7304 | 44012 |
|  | Gefran SpA | 1857 | 26762 |
|  | Generali | 14547 | 560000 |
|  | GPI SpA | 1522 | 29878 |
|  | Hera SpA | 276415 | 1240601 |
|  | IMMSI SpA | 88096 | 58558 |
|  | Intercos SpA | 2611 | 35586 |
|  | Intesa Sanpaolo SpA | 769891 | 4962210 |
|  | Iren SpA | 145146 | 428290 |
|  | Italgas SpA | 167444 | 1756978 |
| # | Italian Sea Group <br> SpA<br>| 4884 | 27193 |
|  | Italmobiliare SpA | 5539 | 208066 |
|  | Iveco Group NV | 63417 | 1347795 |
|  | Leonardo SpA | 23513 | 1383380 |
|  | Lottomatica Group <br> SpA<br>| 2691 | 66355 |
|  | Maire SpA | 50309 | 763843 |
| # | MARR SpA | 3876 | 41123 |
|  | MFE-MediaForEurope <br> NV, Class A<br>| 62780 | 226641 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  | MFE-MediaForEurope <br> NV (MFEA IM), <br> Class A<br>| 44852 | $158810 |
|  | MFE-MediaForEurope <br> NV (MFEB IM), <br> Class B<br>| 12611 | 58811 |
|  | Moltiply Group SpA | 6507 | 353712 |
|  | Moncler SpA | 34925 | 2095128 |
| \* | NewPrinces SpA | 6439 | 148183 |
| Ω | Nexi SpA | 134584 | 709610 |
|  | Orsero SpA | 2438 | 51079 |
| Ω | OVS SpA | 86178 | 434929 |
|  | Pharmanutra SpA | 668 | 35670 |
| # | Piaggio & C SpA | 32470 | 73922 |
| Ω | Pirelli & C SpA | 123131 | 864385 |
| Ω | Poste Italiane SpA | 34795 | 838904 |
|  | Prysmian SpA | 43242 | 4508572 |
| Ω | RAI Way SpA | 45846 | 314176 |
|  | Recordati Industria <br> Chimica e <br> Farmaceutica SpA<br>| 21981 | 1308348 |
|  | Reply SpA | 6245 | 876454 |
| \* | Revo SpA | 1993 | 41007 |
|  | Rizzoli Corriere Della <br> Sera Mediagroup <br> SpA<br>| 38378 | 45665 |
|  | Sabaf SpA | 1655 | 26699 |
| \* | Safilo Group SpA | 47686 | 93172 |
| # | Saipem SpA | 537870 | 1402197 |
| \* | Salvatore Ferragamo <br> SpA<br>| 1248 | 10062 |
| # | Sanlorenzo SpA | 3355 | 131174 |
|  | Sesa SpA | 2358 | 219437 |
|  | Snam SpA | 144354 | 890320 |
|  | Sogefi SpA | 26838 | 108229 |
|  | SOL SpA | 12728 | 745238 |
|  | Stellantis NV (STLAM <br> IM)<br>| 245379 | 2495467 |
|  | Tamburi Investment <br> Partners SpA<br>| 29041 | 293128 |
| Ω | Technogym SpA | 36534 | 661742 |
| \* | Telecom Italia SpA <br> (TIT IM)<br>| 3973595 | 2343001 |
| \* | Telecom Italia SpA <br> (TITR IM)<br>| 1842049 | 1224751 |
|  | Tenaris SA (TEN IM) | 46810 | 930342 |
| # | Tenaris SA (TS US), <br> ADR<br>| 10020 | 398796 |
|  | Terna - Rete Elettrica <br> Nazionale<br>| 161736 | 1658453 |
| \* | TREVI - Finanziaria <br> Industriale SpA<br>| 52648 | 26491 |
|  | TXT e-solutions SpA | 1579 | 60165 |
|  | UniCredit SpA | 126879 | 9394962 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  | Unipol Assicurazioni <br> SpA<br>| 170742 | $3738110 |
|  | Webuild SpA | 170551 | 689248 |
|  | Wiit SpA | 2903 | 66102 |
| # | Zignago Vetro SpA | 1915 | 16576 |
| TOTAL ITALY | TOTAL ITALY |  | 112155685 |
| JAPAN — (14.6%) | JAPAN — (14.6%) | JAPAN — (14.6%) | JAPAN — (14.6%) |
| # | &Do Holdings Co. <br> Ltd.<br>| 2900 | 20311 |
|  | 77 Bank Ltd. | 20800 | 891535 |
|  | A&D HOLON Holdings <br> Co. Ltd.<br>| 11800 | 154665 |
| # | AB & Company Co. <br> Ltd.<br>| 5100 | 36280 |
|  | ABC-Mart, Inc. | 21400 | 366620 |
|  | Achilles Corp. | 4500 | 36616 |
|  | Acom Co. Ltd. | 95300 | 271679 |
|  | AD Works Group Co. <br> Ltd.<br>| 22810 | 70390 |
|  | ADEKA Corp. | 28200 | 638949 |
| # | Ad-sol Nissin Corp. | 3200 | 30472 |
|  | Adtec Plasma <br> Technology Co. <br> Ltd.<br>| 1000 | 7834 |
|  | Advan Group Co. Ltd. | 6600 | 36925 |
|  | Advantest Corp. | 59900 | 8969773 |
|  | Aeon Co. Ltd. | 201672 | 3189786 |
| \* | Aeon Fantasy Co. <br> Ltd.<br>| 3100 | 56006 |
|  | AEON Financial <br> Service Co. Ltd.<br>| 33900 | 331583 |
| # | Aeon Hokkaido Corp. | 15900 | 89604 |
|  | Aeon Kyushu Co. Ltd. | 1500 | 29171 |
|  | AFC-HD AMS Life <br> Science Co. Ltd.<br>| 4100 | 22629 |
|  | AGC, Inc. | 24900 | 777951 |
| # | Ahresty Corp. | 9600 | 49850 |
|  | Ai Holdings Corp. | 3700 | 64271 |
|  | Aica Kogyo Co. Ltd. | 14800 | 348528 |
|  | Aichi Corp. | 11200 | 93577 |
|  | Aichi Financial Group, <br> Inc.<br>| 10889 | 280757 |
|  | Aichi Steel Corp. | 16800 | 289243 |
|  | Aichi Tokei Denki Co. <br> Ltd.<br>| 3600 | 65184 |
|  | Aida Engineering Ltd. | 14200 | 84929 |
|  | Aiful Corp. | 112400 | 330543 |
| \* | Aiming, Inc. | 11900 | 17486 |
|  | Ain Holdings, Inc. | 7800 | 326814 |
|  | Ainavo Holdings Co. <br> Ltd.<br>| 1600 | 7440 |
|  | Aiphone Co. Ltd. | 4500 | 82244 |
|  | Air Water, Inc. | 54400 | 759707 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Airman Corp. | 8800 | $109817 |
|  | Airport Facilities Co. <br> Ltd.<br>| 10500 | 70162 |
|  | Airtech Japan Ltd. | 1600 | 13151 |
|  | Aisan Industry Co. <br> Ltd.<br>| 16500 | 223573 |
|  | Aisin Corp. | 103000 | 1850930 |
|  | AIT Corp. | 3900 | 50676 |
| # | Aizawa Securities <br> Group Co. Ltd.<br>| 5300 | 44835 |
|  | Ajinomoto Co., Inc. | 50300 | 1426624 |
|  | Akatsuki Corp. | 8500 | 29473 |
|  | Akatsuki, Inc. | 1800 | 30655 |
| \* | Akebono Brake <br> Industry Co. Ltd.<br>| 56400 | 41945 |
|  | Akita Bank Ltd. | 5900 | 139793 |
|  | Albis Co. Ltd. | 2300 | 40011 |
|  | Alconix Corp. | 11500 | 161579 |
|  | Alfresa Holdings <br> Corp.<br>| 46200 | 652731 |
|  | Alinco, Inc. | 7300 | 48972 |
|  | Alleanza Holdings Co. <br> Ltd.<br>| 4100 | 27767 |
| # | Allied Telesis Holdings <br> KK<br>| 17200 | 24243 |
|  | Alpen Co. Ltd. | 5600 | 82672 |
| # | Alpha Systems, Inc. | 1900 | 44535 |
|  | Alps Alpine Co. Ltd. | 53344 | 671916 |
|  | ALSOK Co. Ltd. | 69100 | 472288 |
|  | Altech Corp. | 6710 | 111311 |
|  | Amada Co. Ltd. | 80000 | 953971 |
|  | Amano Corp. | 21400 | 567779 |
| # | Amiyaki Tei Co. Ltd. | 3300 | 28473 |
|  | Amuse, Inc. | 4500 | 54995 |
|  | Amvis Holdings, Inc. | 17700 | 60190 |
|  | ANA Holdings, Inc. | 11800 | 221158 |
| # | Anabuki Kosan, Inc. | 1900 | 26531 |
|  | Anest Iwata Corp. | 8600 | 84616 |
|  | Anicom Holdings, Inc. | 18800 | 96951 |
|  | Anrakutei Co. Ltd. | 600 | 14091 |
|  | Anycolor, Inc. | 5700 | 222348 |
| #\* | AnyMind Group, Inc. | 6000 | 26913 |
|  | AOI Electronics Co. <br> Ltd.<br>| 1100 | 16483 |
|  | AOKI Holdings, Inc. | 13600 | 146618 |
|  | Aoyama Trading Co. <br> Ltd.<br>| 10200 | 150802 |
|  | Aoyama Zaisan <br> Networks Co. Ltd.<br>| 7300 | 95124 |
| # | Aozora Bank Ltd. | 31300 | 448156 |
|  | Arakawa Chemical <br> Industries Ltd.<br>| 6700 | 48348 |
|  | Arata Corp. | 9400 | 183137 |
|  | Araya Industrial Co. <br> Ltd.<br>| 900 | 28764 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | ARCLANDS Corp. | 9179 | $104255 |
|  | Arcs Co. Ltd. | 12280 | 249549 |
|  | ARE Holdings, Inc. | 23300 | 369974 |
|  | Arealink Co. Ltd. | 18400 | 121312 |
|  | Argo Graphics, Inc. | 16800 | 149030 |
|  | Arisawa <br> Manufacturing Co. <br> Ltd.<br>| 10600 | 111802 |
|  | Artience Co. Ltd. | 14300 | 291449 |
| # | Artnature, Inc. | 5822 | 31878 |
| # | Artner Co. Ltd. | 2000 | 25561 |
|  | As One Corp. | 14300 | 233432 |
|  | Asahi Co. Ltd. | 6500 | 55090 |
|  | Asahi Diamond <br> Industrial Co. Ltd.<br>| 16600 | 90084 |
|  | Asahi Group Holdings <br> Ltd.<br>| 176600 | 1904069 |
|  | Asahi Intecc Co. Ltd. | 32200 | 510605 |
|  | Asahi Kasei Corp. | 226718 | 1737140 |
|  | Asahi Kogyosha Co. <br> Ltd.<br>| 4400 | 89590 |
| # | Asahi Net, Inc. | 6400 | 29162 |
|  | Asahi Printing Co. <br> Ltd.<br>| 1800 | 10194 |
|  | Asahi Yukizai Corp. | 6800 | 211920 |
|  | Asanuma Corp. | 30000 | 168584 |
|  | Asia Pile Holdings <br> Corp.<br>| 14000 | 110269 |
|  | Asics Corp. | 85600 | 2179733 |
|  | ASKA Pharmaceutical <br> Holdings Co. Ltd.<br>| 8300 | 112717 |
|  | ASKUL Corp. | 13300 | 120929 |
|  | Astellas Pharma, Inc. | 220800 | 2311252 |
|  | Astena Holdings Co. <br> Ltd.<br>| 13800 | 41855 |
|  | Atrae, Inc. | 4600 | 20934 |
|  | Aucnet, Inc. | 8000 | 104684 |
|  | Autobacs Seven Co. <br> Ltd.<br>| 18600 | 185833 |
|  | Aval Data Corp. | 2100 | 31208 |
|  | Avant Group Corp. | 7100 | 72940 |
|  | Avex, Inc. | 8500 | 66616 |
|  | Awa Bank Ltd. | 17600 | 415807 |
|  | Axell Corp. | 1500 | 13431 |
|  | Axial Retailing, Inc. | 20900 | 147611 |
|  | Azbil Corp. | 89600 | 883222 |
| # | AZ-COM MARUWA <br> Holdings, Inc.<br>| 22900 | 152702 |
|  | AZOOM Co. Ltd. | 1800 | 56071 |
|  | Bandai Namco <br> Holdings, Inc.<br>| 48900 | 1521885 |
|  | Bando Chemical <br> Industries Ltd.<br>| 14200 | 178216 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| \* | Bank of Innovation, <br> Inc.<br>| 600 | $29614 |
|  | Bank of Iwate Ltd. | 4400 | 115535 |
|  | Bank of Nagoya Ltd. | 12495 | 319048 |
|  | Bank of Saga Ltd. | 4794 | 99539 |
|  | Bank of the Ryukyus <br> Ltd.<br>| 13100 | 127808 |
|  | Base Co. Ltd. | 2400 | 54451 |
| #\* | baudroie, Inc. | 2800 | 52534 |
|  | BayCurrent, Inc. | 22800 | 1045699 |
| # | Beauty Garage, Inc. | 3100 | 28433 |
| # | Belc Co. Ltd. | 3900 | 183102 |
|  | Bell System24 <br> Holdings, Inc.<br>| 14900 | 128020 |
|  | Belluna Co. Ltd. | 16900 | 111365 |
|  | Bewith, Inc. | 3400 | 33220 |
|  | Bic Camera, Inc. | 32300 | 325598 |
|  | BIPROGY, Inc. | 17300 | 698771 |
|  | B-Lot Co. Ltd. | 4000 | 45277 |
|  | Blue Zones Holdings <br> Co. Ltd.<br>| 6800 | 346075 |
|  | BML, Inc. | 8000 | 189520 |
| # | Bookoff Group <br> Holdings Ltd.<br>| 5300 | 45508 |
|  | Bourbon Corp. | 700 | 11031 |
| \*†† | Bourbon Corp. SA | 4401 | 0 |
|  | Br Holdings Corp. | 10200 | 22094 |
|  | B-R31 Ice Cream Co. <br> Ltd.<br>| 500 | 13072 |
| # | BrainPad, Inc. | 5700 | 61826 |
|  | Bridgestone Corp. | 80100 | 3496775 |
|  | Broadmedia Corp. | 1000 | 11009 |
|  | Brother Industries <br> Ltd.<br>| 55700 | 948054 |
|  | Buffalo, Inc. | 1800 | 40446 |
| # | Bull-Dog Sauce Co. <br> Ltd.<br>| 3500 | 43172 |
|  | Bunka Shutter Co. <br> Ltd.<br>| 16400 | 216297 |
|  | Business Brain <br> Showa-Ota, Inc.<br>| 4000 | 79837 |
| # | Business Engineering <br> Corp.<br>| 1700 | 69632 |
|  | C Uyemura & Co. <br> Ltd.<br>| 2000 | 162673 |
|  | CAC Holdings Corp. | 3100 | 42937 |
|  | Calbee, Inc. | 20600 | 383381 |
|  | Canon Electronics, <br> Inc.<br>| 7900 | 138198 |
|  | Canon Marketing <br> Japan, Inc.<br>| 13400 | 557986 |
|  | Canon, Inc. (7751 JP) | 32000 | 918970 |
|  | Capcom Co. Ltd. | 48200 | 1258652 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Career Design Center <br> Co. Ltd.<br>| 2000 | $28444 |
|  | Careerlink Co. Ltd. | 2500 | 38290 |
|  | Carlit Co. Ltd. | 6600 | 65454 |
|  | Casio Computer Co. <br> Ltd.<br>| 44300 | 347294 |
|  | Cawachi Ltd. | 6000 | 115479 |
| # | CCI Group, Inc. | 74000 | 316311 |
| # | CDS Co. Ltd. | 1800 | 21065 |
|  | Celsys, Inc. | 10800 | 114865 |
|  | Central Automotive <br> Products Ltd.<br>| 12300 | 143195 |
|  | Central Glass Co. <br> Ltd.<br>| 9600 | 200285 |
|  | Central Japan Railway <br> Co.<br>| 26000 | 636525 |
|  | Central Security <br> Patrols Co. Ltd.<br>| 2100 | 37081 |
| # | Central Sports Co. <br> Ltd.<br>| 1900 | 29439 |
|  | Ceres, Inc. | 2400 | 32534 |
| # | Change Holdings, <br> Inc.<br>| 9600 | 70364 |
| # | Charm Care Corp. <br> KK<br>| 7200 | 50889 |
|  | Chiba Bank Ltd.  | 66700 | 650841 |
| # | Chiba Kogyo Bank <br> Ltd.<br>| 17300 | 180506 |
|  | Chikaranomoto <br> Holdings Co. Ltd.<br>| 3600 | 32997 |
|  | Chino Corp. | 6200 | 55574 |
|  | Chiyoda Co. Ltd. | 4900 | 31099 |
| \* | Chiyoda Corp. | 7800 | 20644 |
|  | Chiyoda Integre Co. <br> Ltd.<br>| 5000 | 100258 |
|  | Chofu Seisakusho Co. <br> Ltd.<br>| 6100 | 77342 |
|  | Chori Co. Ltd. | 5000 | 128786 |
| # | Choushimaru Co. Ltd. | 1900 | 18797 |
|  | Chubu Electric Power <br> Co., Inc.<br>| 54600 | 759254 |
|  | Chubu Shiryo Co. <br> Ltd.<br>| 8400 | 87264 |
| # | Chubu Steel Plate Co. <br> Ltd.<br>| 4100 | 52641 |
|  | Chudenko Corp. | 9800 | 267447 |
|  | Chuetsu Pulp & Paper <br> Co. Ltd.<br>| 3200 | 34527 |
|  | Chugai <br> Pharmaceutical Co. <br> Ltd.<br>| 40200 | 1839863 |
|  | Chugai Ro Co. Ltd. | 2300 | 69534 |
|  | Chugin Financial <br> Group, Inc.<br>| 50900 | 709795 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Chugoku Electric <br> Power Co., Inc.<br>| 53900 | $299862 |
|  | Chugoku Marine <br> Paints Ltd.<br>| 12500 | 334156 |
| # | Chuo Spring Co. Ltd. | 8000 | 172419 |
| # | Chuo Warehouse Co. <br> Ltd.<br>| 1600 | 13726 |
|  | Citizen Watch Co. <br> Ltd.<br>| 72700 | 504514 |
|  | CKD Corp. | 14800 | 316912 |
| # | CK-San-Etsu Co. Ltd. | 1500 | 38855 |
|  | Cleanup Corp. | 8300 | 40947 |
|  | CMK Corp. | 19100 | 49653 |
|  | Coca-Cola Bottlers <br> Japan Holdings, <br> Inc.<br>| 32456 | 519393 |
| \* | COLOPL, Inc. | 22700 | 65571 |
| # | Colowide Co. Ltd. | 21900 | 237568 |
|  | Computer Engineering <br> & Consulting Ltd.<br>| 6300 | 88287 |
|  | COMSYS Holdings <br> Corp.<br>| 26405 | 665867 |
|  | Comture Corp. | 10100 | 103813 |
|  | Copro-Holdings Co. <br> Ltd.<br>| 6800 | 45549 |
| #\* | Core Concept <br> Technologies, Inc.<br>| 4000 | 24634 |
| # | Core Corp. | 1800 | 24046 |
| # | Corona Corp. | 5700 | 33381 |
| # | Cosel Co. Ltd. | 8100 | 64549 |
|  | Cosmo Energy <br> Holdings Co. Ltd.<br>| 47200 | 1077830 |
|  | Cosmos Initia Co. <br> Ltd.<br>| 5600 | 47066 |
|  | Cosmos <br> Pharmaceutical <br> Corp.<br>| 8000 | 357931 |
| # | Cota Co. Ltd. | 5291 | 41665 |
| #\* | Cover Corp. | 11700 | 138746 |
|  | Create Restaurants <br> Holdings, Inc.<br>| 72200 | 344218 |
|  | Create SD Holdings <br> Co. Ltd.<br>| 10600 | 219678 |
|  | Credit Saison Co. <br> Ltd.<br>| 55608 | 1354638 |
|  | Creek & River Co. <br> Ltd.<br>| 4300 | 40872 |
|  | Cresco Ltd. | 9200 | 96828 |
| # | Cross Cat Co. Ltd. | 3100 | 21698 |
|  | CTI Engineering Co. <br> Ltd.<br>| 9800 | 180210 |
|  | CTS Co. Ltd. | 8900 | 51256 |
| \* | CUC, Inc. | 2000 | 13679 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Curves Holdings Co. <br> Ltd.<br>| 19500 | $91873 |
|  | CyberAgent, Inc. | 63900 | 636972 |
| #\* | CYBERDYNE, Inc. | 45600 | 52039 |
|  | Cybozu, Inc. | 10200 | 202966 |
|  | Dai Nippon Printing <br> Co. Ltd.<br>| 48400 | 807814 |
|  | Dai Nippon Toryo Co. <br> Ltd.<br>| 7000 | 57571 |
|  | Daicel Corp. | 78900 | 678863 |
|  | Dai-Dan Co. Ltd. | 11600 | 514021 |
|  | Daido Metal Co. Ltd. | 12900 | 87370 |
|  | Daido Steel Co. Ltd. | 41500 | 392669 |
|  | Daiei Kankyo Co. Ltd. | 1500 | 33359 |
|  | Daifuku Co. Ltd. | 29700 | 946740 |
|  | Daihatsu Infinearth <br> Mfg Co. Ltd.<br>| 7700 | 153021 |
|  | Daihen Corp. | 2300 | 150503 |
|  | Daiho Corp. | 12500 | 64009 |
|  | Dai-Ichi Cutter Kogyo <br> KK<br>| 5000 | 42335 |
|  | Daiichi Jitsugyo Co. <br> Ltd.<br>| 8100 | 137165 |
|  | Daiichi Kensetsu <br> Corp.<br>| 1800 | 40825 |
|  | Daiichi Kigenso <br> Kagaku-Kogyo Co. <br> Ltd.<br>| 5300 | 44965 |
|  | Dai-ichi Life Holdings, <br> Inc.<br>| 268800 | 1886706 |
|  | Daiichi Sankyo Co. <br> Ltd.<br>| 24200 | 578092 |
|  | Daiichikosho Co. Ltd. | 23382 | 239067 |
| # | Daiki Aluminium <br> Industry Co. Ltd.<br>| 16500 | 120399 |
|  | Daikin Industries Ltd. | 18600 | 2160948 |
| # | Daikoku Denki Co. <br> Ltd.<br>| 4300 | 74499 |
|  | Daikokutenbussan Co. <br> Ltd.<br>| 2000 | 80351 |
|  | Daikyonishikawa <br> Corp.<br>| 15400 | 72784 |
|  | Dainichiseika Color & <br> Chemicals <br> Manufacturing Co. <br> Ltd.<br>| 4400 | 108388 |
|  | Daio Paper Corp. | 28900 | 152324 |
|  | Daiseki Co. Ltd. | 10520 | 221273 |
|  | Daishi Hokuetsu <br> Financial Group, <br> Inc.<br>| 91500 | 882432 |
|  | Daishinku Corp. | 10400 | 39129 |
|  | Daisue Construction <br> Co. Ltd.<br>| 3800 | 83837 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Daisyo Corp. | 1700 | $12085 |
|  | Daito Pharmaceutical <br> Co. Ltd.<br>| 7670 | 61867 |
|  | Daito Trust <br> Construction Co. <br> Ltd.<br>| 38000 | 710450 |
|  | Daitron Co. Ltd. | 3300 | 99096 |
|  | Daiwa House Industry <br> Co. Ltd.<br>| 81600 | 2768529 |
|  | Daiwa Industries Ltd. | 11800 | 120748 |
|  | Daiwa Securities <br> Group, Inc.<br>| 165800 | 1275989 |
|  | Daiwabo Holdings Co. <br> Ltd.<br>| 39700 | 741597 |
|  | DCM Holdings Co. <br> Ltd.<br>| 44100 | 408916 |
|  | Dear Life Co. Ltd. | 11300 | 80953 |
| # | DeNA Co. Ltd. | 11600 | 203377 |
|  | Denka Co. Ltd. | 24550 | 356303 |
|  | Denso Corp. | 76300 | 1066047 |
|  | Dentsu Group, Inc. | 28200 | 558497 |
|  | Dentsu Soken, Inc. | 7600 | 376369 |
|  | Denyo Co. Ltd. | 6100 | 113549 |
|  | Dexerials Corp. | 57900 | 933922 |
|  | DIC Corp. | 24000 | 564673 |
|  | Digital Arts, Inc. | 3400 | 166338 |
|  | Digital Hearts <br> Holdings Co. Ltd.<br>| 4100 | 25489 |
| # | Digital Holdings, Inc. | 5700 | 80118 |
|  | Digital Information <br> Technologies Corp.<br>| 3100 | 49798 |
|  | Dip Corp. | 9800 | 134501 |
|  | Disco Corp. | 7400 | 2457414 |
|  | DKK Co. Ltd. | 3400 | 42415 |
|  | DKS Co. Ltd. | 2800 | 119368 |
| # | DMG Mori Co. Ltd. | 46000 | 713434 |
|  | Doshisha Co. Ltd. | 6800 | 127886 |
|  | Double Standard, Inc. | 2600 | 28434 |
|  | Doutor Nichires <br> Holdings Co. Ltd.<br>| 8700 | 135716 |
|  | Dowa Holdings Co. <br> Ltd.<br>| 16195 | 587218 |
|  | DTS Corp. | 48800 | 406542 |
|  | Duskin Co. Ltd. | 8400 | 202515 |
| # | DyDo Group Holdings, <br> Inc.<br>| 5600 | 88184 |
|  | Eagle Industry Co. <br> Ltd.<br>| 6400 | 113299 |
|  | East Japan Railway <br> Co.<br>| 31700 | 774272 |
| # | EAT&HOLDINGS Co. <br> Ltd.<br>| 2900 | 36879 |
|  | Ebara Corp. | 83700 | 2232055 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Ebara Foods Industry, <br> Inc.<br>| 2300 | $37058 |
|  | Ebara Jitsugyo Co. <br> Ltd.<br>| 2800 | 76163 |
|  | Ebase Co. Ltd. | 6400 | 18764 |
|  | Eco's Co. Ltd. | 4000 | 73600 |
|  | EDION Corp. | 17900 | 235465 |
|  | eGuarantee, Inc. | 11100 | 114494 |
| # | Ehime Bank Ltd. | 12500 | 101370 |
|  | Eisai Co. Ltd. | 20109 | 597249 |
|  | Eizo Corp. | 9500 | 134853 |
|  | EJ Holdings, Inc. | 2600 | 28077 |
|  | Elan Corp. | 6701 | 34017 |
|  | Elecom Co. Ltd. | 10300 | 120448 |
|  | Electric Power <br> Development Co. <br> Ltd.<br>| 19000 | 361109 |
| # | EM Systems Co. Ltd. | 11200 | 59352 |
|  | en, Inc. | 10100 | 101879 |
|  | Endo Lighting Corp. | 5800 | 84905 |
|  | ENEOS Holdings, <br> Inc.<br>| 493700 | 3114612 |
| # | Enplas Corp. | 2000 | 105125 |
|  | Entrust, Inc. | 1600 | 10907 |
|  | ERI Holdings Co. Ltd. | 1700 | 40467 |
|  | ES-Con Japan Ltd. | 10700 | 69495 |
|  | Eslead Corp. | 3700 | 130587 |
|  | ESPEC Corp. | 4400 | 100125 |
|  | Eternal Hospitality <br> Group Co. Ltd.<br>| 2900 | 52730 |
|  | eWeLL Co. Ltd. | 1200 | 21546 |
|  | Exedy Corp. | 12100 | 406560 |
|  | EXEO Group, Inc. | 44290 | 638784 |
|  | Ezaki Glico Co. Ltd. | 8700 | 278021 |
|  | F&M Co. Ltd. | 3200 | 55184 |
|  | FALCO HOLDINGS <br> Co. Ltd.<br>| 2100 | 33798 |
|  | FANUC Corp. | 10100 | 337051 |
|  | Fast Retailing Co. <br> Ltd.<br>| 11600 | 4258589 |
|  | FCC Co. Ltd. | 12300 | 248460 |
|  | Feed One Co. Ltd. | 8680 | 57311 |
| # | Ferrotec Corp. | 17100 | 560551 |
| # | FFRI Security, Inc. | 1400 | 98266 |
| # | FIDEA Holdings Co. <br> Ltd.<br>| 7220 | 77539 |
|  | Financial Partners <br> Group Co. Ltd.<br>| 21500 | 298044 |
| # | FINDEX, Inc. | 5100 | 27235 |
|  | Fintech Global, Inc. | 24800 | 16379 |
|  | First Bank of Toyama <br> Ltd.<br>| 19500 | 184380 |
| # | Fixstars Corp. | 10200 | 132899 |
|  | FJ Next Holdings Co. <br> Ltd.<br>| 7900 | 77437 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Focus Systems Corp. | 3400 | $35648 |
|  | Food & Life Cos. Ltd. | 33500 | 1633908 |
|  | Forum Engineering, <br> Inc.<br>| 7100 | 56640 |
|  | Forval Corp. | 1400 | 11068 |
|  | Foster Electric Co. <br> Ltd.<br>| 6100 | 105465 |
|  | FP Corp. | 14000 | 227503 |
| # | France Bed Holdings <br> Co. Ltd.<br>| 9800 | 83714 |
| # | Freebit Co. Ltd. | 6000 | 61756 |
| # | Freund Corp. | 3044 | 21239 |
| #\* | Fronteo, Inc. | 8600 | 51716 |
|  | FTGroup Co. Ltd. | 6700 | 55581 |
|  | Fudo Tetra Corp. | 4750 | 75208 |
|  | Fuji Corp. (6134 JP) | 26400 | 512339 |
|  | Fuji Corp. Ltd. | 9500 | 50542 |
|  | Fuji Die Co. Ltd. | 2300 | 13168 |
|  | Fuji Electric Co. Ltd. | 27200 | 1942661 |
|  | Fuji Kyuko Co. Ltd. | 6700 | 107746 |
|  | Fuji Media Holdings, <br> Inc.<br>| 12900 | 287935 |
|  | Fuji Oil Co. Ltd. | 10200 | 210977 |
|  | Fuji Pharma Co. Ltd. | 5100 | 52178 |
|  | Fuji Seal International, <br> Inc.<br>| 11986 | 210745 |
|  | Fuji United Holdings <br> Co. Ltd.<br>| 1700 | 12933 |
|  | Fujibo Holdings, Inc. | 3100 | 137246 |
| # | Fujicco Co. Ltd. | 6000 | 62216 |
|  | FUJIFILM Holdings <br> Corp.<br>| 44600 | 1033680 |
|  | Fujikura Composites, <br> Inc.<br>| 8600 | 107789 |
|  | Fujikura Kasei Co. <br> Ltd.<br>| 10400 | 41591 |
|  | Fujikura Ltd. | 43400 | 5909953 |
|  | Fujimi, Inc. | 8400 | 131361 |
|  | Fujishoji Co. Ltd. | 3200 | 22084 |
|  | Fujita Kanko, Inc. | 2300 | 166509 |
|  | Fujitsu Ltd. | 104900 | 2733740 |
|  | FuKoKu Co. Ltd. | 6200 | 73790 |
|  | Fukuda Corp. | 2600 | 116017 |
|  | Fukuda Denshi Co. <br> Ltd.<br>| 5800 | 262383 |
|  | Fukui Bank Ltd. | 6500 | 91628 |
|  | Fukui Computer <br> Holdings, Inc.<br>| 3500 | 69977 |
|  | Fukuoka Financial <br> Group, Inc.<br>| 28432 | 826244 |
|  | Fukuyama <br> Transporting Co. <br> Ltd.<br>| 6200 | 154005 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | FULLCAST Holdings <br> Co. Ltd.<br>| 6400 | $70204 |
| # | Fumakilla Ltd. | 3000 | 22643 |
|  | Funai Soken Holdings, <br> Inc.<br>| 10770 | 169666 |
|  | Furukawa Co. Ltd. | 9281 | 182921 |
|  | Furukawa Electric Co. <br> Ltd.<br>| 24500 | 1734248 |
|  | Furuno Electric Co. <br> Ltd.<br>| 10200 | 591759 |
|  | Furuya Metal Co. Ltd. | 3600 | 66392 |
|  | Furyu Corp. | 8200 | 55474 |
|  | Fuso Chemical Co. <br> Ltd.<br>| 7400 | 245328 |
|  | Fuso Pharmaceutical <br> Industries Ltd.<br>| 2900 | 39819 |
| # | Futaba Corp. | 3500 | 15299 |
|  | Futaba Industrial Co. <br> Ltd.<br>| 22700 | 138637 |
|  | Future Corp. | 16700 | 235466 |
|  | Fuyo General Lease <br> Co. Ltd.<br>| 25800 | 674529 |
|  | G-7 Holdings, Inc. | 8100 | 67159 |
|  | GA Technologies Co. <br> Ltd.<br>| 7800 | 100815 |
|  | Gakken Holdings Co. <br> Ltd.<br>| 11000 | 73267 |
|  | Gakkyusha Co. Ltd. | 3000 | 44194 |
| # | Gakujo Co. Ltd. | 3500 | 36621 |
|  | Galilei Co. Ltd. | 8600 | 200038 |
|  | Gecoss Corp. | 5700 | 50620 |
|  | Genki Global Dining <br> Concepts Corp.<br>| 4000 | 78566 |
|  | Genky DrugStores Co. <br> Ltd.<br>| 8400 | 279605 |
|  | Geo Holdings Corp. | 7600 | 79559 |
| # | Gift Holdings, Inc. | 3800 | 79538 |
|  | Giken Ltd. | 1900 | 20328 |
| # | Global Security <br> Experts, Inc.<br>| 600 | 14369 |
|  | GLOBERIDE, Inc. | 8800 | 133113 |
|  | Glory Ltd. | 14000 | 334521 |
|  | GLtechno Holdings, <br> Inc.<br>| 2750 | 53724 |
|  | GMO Financial Gate, <br> Inc.<br>| 1000 | 37426 |
|  | GMO Financial <br> Holdings, Inc.<br>| 11600 | 67689 |
|  | GMO GlobalSign <br> Holdings KK<br>| 1200 | 16139 |
|  | GMO internet group, <br> Inc.<br>| 27100 | 606965 |
|  | GMO Payment <br> Gateway, Inc.<br>| 8400 | 458223 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Godo Steel Ltd. | 4200 | $99583 |
| #\* | Gokurakuyu Holdings <br> Co. Ltd.<br>| 8600 | 26761 |
|  | Goldcrest Co. Ltd. | 7200 | 156076 |
|  | Goldwin, Inc. | 16500 | 272545 |
|  | Grandy House Corp. | 4200 | 15431 |
|  | GREE Holdings, Inc. | 25900 | 67655 |
|  | Greens Co. Ltd. | 2600 | 38007 |
|  | grems, Inc. | 3300 | 49210 |
|  | GS Yuasa Corp. | 25616 | 715315 |
|  | GSI Creos Corp. | 3600 | 53908 |
|  | G-Tekt Corp. | 7530 | 96615 |
|  | Gun-Ei Chemical <br> Industry Co. Ltd.<br>| 1900 | 41024 |
|  | GungHo Online <br> Entertainment, Inc.<br>| 1010 | 17080 |
|  | Gunma Bank Ltd. | 120400 | 1251513 |
|  | Gunze Ltd. | 11400 | 280813 |
|  | H.U. Group Holdings, <br> Inc.<br>| 6360 | 155186 |
|  | H2O Retailing Corp. | 28400 | 384230 |
|  | Hachijuni Bank Ltd. | 95019 | 957140 |
| # | Hagihara Industries, <br> Inc.<br>| 4900 | 51172 |
|  | Hagiwara Electric <br> Holdings Co. Ltd.<br>| 3300 | 75767 |
| # | Hakudo Co. Ltd. | 2400 | 34515 |
|  | Hakuhodo DY <br> Holdings, Inc.<br>| 50100 | 362642 |
|  | Halows Co. Ltd. | 3100 | 87884 |
|  | Hamakyorex Co. Ltd. | 25600 | 253938 |
|  | Hamamatsu Photonics <br> KK<br>| 27500 | 307813 |
| # | Hamee Corp. | 3200 | 10759 |
|  | Hankyu Hanshin <br> Holdings, Inc.<br>| 28900 | 776080 |
|  | Hanwa Co. Ltd. | 12800 | 533895 |
|  | Happinet Corp. | 7100 | 289210 |
|  | Hard Off Corp. Co. <br> Ltd.<br>| 4500 | 52710 |
|  | Harima Chemicals <br> Group, Inc.<br>| 6100 | 35612 |
|  | Haseko Corp. | 80900 | 1306453 |
|  | Hashimoto Sogyo <br> Holdings Co. Ltd.<br>| 1400 | 10856 |
|  | Hazama Ando Corp. | 58800 | 657950 |
|  | Heiwa Corp. | 20200 | 262587 |
|  | Heiwa Real Estate <br> Co. Ltd.<br>| 12800 | 187336 |
|  | Heiwado Co. Ltd. | 10115 | 186063 |
|  | Hennge KK | 5300 | 50354 |
|  | Hibino Corp. | 1100 | 18546 |
|  | Hibiya Engineering <br> Ltd.<br>| 6300 | 185298 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Hiday Hidaka Corp. | 7700 | $164364 |
|  | Hikari Tsushin, Inc. | 1100 | 291375 |
| # | HI-LEX Corp. | 7200 | 133602 |
| \* | Hino Motors Ltd. | 92400 | 209904 |
|  | Hioki EE Corp. | 2700 | 103712 |
|  | Hirakawa Hewtech <br> Corp.<br>| 4200 | 63251 |
|  | Hirano Tecseed Co. <br> Ltd.<br>| 2000 | 20920 |
|  | Hirata Corp. | 8900 | 117506 |
|  | Hirogin Holdings, Inc. | 82300 | 768915 |
|  | Hirose Electric Co. <br> Ltd.<br>| 5255 | 703998 |
|  | Hirose Tusyo, Inc. | 1900 | 46215 |
| # | Hiroshima Gas Co. <br> Ltd.<br>| 9300 | 21956 |
| # | HIS Co. Ltd. | 16500 | 140073 |
|  | Hisaka Works Ltd. | 6800 | 62149 |
|  | Hisamitsu <br> Pharmaceutical Co., <br> Inc.<br>| 9400 | 244341 |
|  | Hitachi Construction <br> Machinery Co. Ltd.<br>| 29700 | 966645 |
|  | Hitachi Ltd. (6501 JP) | 323400 | 11047014 |
|  | Hochiki Corp. | 5600 | 139975 |
| # | Hodogaya Chemical <br> Co. Ltd.<br>| 5000 | 59146 |
|  | Hogy Medical Co. <br> Ltd.<br>| 5900 | 204808 |
|  | Hokkaido Coca-Cola <br> Bottling Co. Ltd.<br>| 1400 | 35112 |
| # | Hokkaido Electric <br> Power Co., Inc.<br>| 31900 | 222006 |
|  | Hokkaido Gas Co. <br> Ltd.<br>| 23500 | 103284 |
|  | Hokkan Holdings Ltd. | 4300 | 60027 |
|  | Hokko Chemical <br> Industry Co. Ltd.<br>| 8500 | 89398 |
| # | Hokuetsu Corp. | 45100 | 239180 |
|  | Hokuhoku Financial <br> Group, Inc.<br>| 54100 | 1325323 |
|  | Hokuriku Electric <br> Industry Co. Ltd.<br>| 3300 | 48734 |
|  | Hokuriku Electric <br> Power Co.<br>| 32300 | 179635 |
|  | Hokuriku Electrical <br> Construction Co. <br> Ltd.<br>| 6000 | 54484 |
|  | Hokuto Corp. | 6400 | 75739 |
|  | Honda Motor Co. Ltd. <br> (7267 JP)<br>| 361500 | 3653768 |
| # | Honda Motor Co. Ltd. <br> (HMC US), <br> Sponsored ADR<br>| 4900 | 149450 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | H-One Co. Ltd. | 7300 | $63250 |
| # | Honeys Holdings Co. <br> Ltd.<br>| 6900 | 66275 |
|  | Hoosiers Holdings Co. <br> Ltd.<br>| 10800 | 88635 |
|  | Horiba Ltd. | 10100 | 938372 |
|  | Hoshizaki Corp. | 5800 | 204074 |
|  | Hosiden Corp. | 22400 | 357080 |
|  | Hosokawa Micron <br> Corp.<br>| 3800 | 140323 |
|  | Hotland Holdings Co. <br> Ltd.<br>| 4200 | 55958 |
|  | House Foods Group, <br> Inc.<br>| 17093 | 320308 |
| # | Howa Machinery Ltd. | 5400 | 49895 |
|  | Hoya Corp. | 26300 | 4271962 |
|  | HS Holdings Co. Ltd. | 7900 | 51398 |
|  | Hulic Co. Ltd. | 84895 | 877081 |
|  | Hyakugo Bank Ltd. | 81100 | 502953 |
|  | Hyakujushi Bank Ltd. | 8700 | 304571 |
|  | Ibiden Co. Ltd. | 17100 | 1609530 |
|  | IBJ, Inc. | 7100 | 37018 |
| # | Ichibanya Co. Ltd. | 15500 | 90475 |
|  | Ichiken Co. Ltd. | 2000 | 50040 |
|  | Ichikoh Industries Ltd. | 17800 | 54134 |
|  | Ichinen Holdings Co. <br> Ltd.<br>| 8100 | 105693 |
|  | Ichiyoshi Securities <br> Co. Ltd.<br>| 7100 | 39114 |
|  | Icom, Inc. | 3300 | 67133 |
|  | ID Holdings Corp. | 5550 | 72766 |
|  | Idec Corp. | 5600 | 85247 |
|  | Idemitsu Kosan Co. <br> Ltd.<br>| 144645 | 1005825 |
|  | IDOM, Inc. | 26700 | 199308 |
|  | Ifuji Sangyo Co. Ltd. | 700 | 9902 |
| # | IG Port, Inc. | 3200 | 30223 |
|  | IHI Corp. | 33600 | 695657 |
|  | Iida Group Holdings <br> Co. Ltd.<br>| 31200 | 477777 |
|  | Iino Kaiun Kaisha Ltd. | 36600 | 298513 |
| # | IKK Holdings, Inc. | 2300 | 11305 |
|  | I'll, Inc. | 2800 | 44260 |
|  | i-mobile Co. Ltd. | 7200 | 27300 |
|  | Imuraya Group Co. <br> Ltd.<br>| 2700 | 43417 |
|  | Inaba Denki Sangyo <br> Co. Ltd.<br>| 10000 | 294470 |
|  | Inaba Seisakusho Co. <br> Ltd.<br>| 4800 | 49297 |
|  | Inabata & Co. Ltd. | 19800 | 443454 |
| # | I-NE Co. Ltd. | 2800 | 22817 |
|  | Ines Corp. | 5600 | 61864 |
| # | I-Net Corp. | 5310 | 86911 |
|  | Infomart Corp. | 43000 | 91245 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | INFRONEER <br> Holdings, Inc.<br>| 73120 | $783344 |
|  | Innotech Corp. | 6300 | 74595 |
|  | Inpex Corp. | 291500 | 5378793 |
|  | Insource Co. Ltd. | 15600 | 88195 |
|  | Intelligent Wave, Inc. | 4800 | 32211 |
| # | Inter Action Corp. | 1300 | 11963 |
|  | Internet Initiative <br> Japan, Inc.<br>| 28900 | 521428 |
| # | Inui Global Logistics <br> Co. Ltd.<br>| 3300 | 33597 |
|  | IPS, Inc. | 3900 | 76071 |
|  | Iriso Electronics Co. <br> Ltd.<br>| 6300 | 126468 |
|  | ISB Corp. | 2500 | 29105 |
| # | Ise Chemicals Corp. | 600 | 122476 |
| # | Iseki & Co. Ltd. | 3700 | 52774 |
|  | Isetan Mitsukoshi <br> Holdings Ltd.<br>| 61500 | 965186 |
| # | Ishihara Chemical Co. <br> Ltd.<br>| 4000 | 56483 |
|  | Ishihara Sangyo <br> Kaisha Ltd.<br>| 13300 | 204667 |
|  | Ishizuka Glass Co. <br> Ltd.<br>| 1300 | 25463 |
| # | Istyle, Inc. | 22100 | 64320 |
|  | Isuzu Motors Ltd. | 156600 | 1921526 |
|  | Itfor, Inc. | 5500 | 54384 |
| # | ITmedia, Inc. | 2600 | 27069 |
| # | Ito En Ltd. | 14700 | 302982 |
|  | ITOCHU Corp. | 36000 | 2085237 |
|  | Itochu Enex Co. Ltd. | 23400 | 276083 |
|  | Itochu-Shokuhin Co. <br> Ltd.<br>| 2500 | 151960 |
|  | Itoham Yonekyu <br> Holdings, Inc.<br>| 9980 | 356856 |
|  | Itoki Corp. | 20600 | 332292 |
|  | IwaiCosmo Holdings, <br> Inc.<br>| 7900 | 144308 |
|  | Iwaki Co. Ltd. | 2800 | 46261 |
|  | Iwatani Corp. | 74000 | 770395 |
|  | Iwatsuka <br> Confectionery Co. <br> Ltd.<br>| 3200 | 61991 |
|  | Iyogin Holdings, Inc. | 65700 | 1026620 |
|  | Izumi Co. Ltd. | 11600 | 216242 |
|  | J Front Retailing Co. <br> Ltd.<br>| 81000 | 1218293 |
|  | J Trust Co. Ltd. | 17800 | 46806 |
|  | JAC Recruitment Co. <br> Ltd.<br>| 26100 | 171895 |
|  | Jaccs Co. Ltd. | 9900 | 258937 |
| \* | Jade Group, Inc. | 3300 | 34753 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | JAFCO Group Co. <br> Ltd.<br>| 24300 | $379808 |
| # | JANOME Corp. | 7000 | 50084 |
|  | Japan Airlines Co. <br> Ltd.<br>| 38100 | 686387 |
|  | Japan Airport Terminal <br> Co. Ltd.<br>| 17300 | 537536 |
|  | Japan Aviation <br> Electronics Industry <br> Ltd.<br>| 14800 | 221036 |
|  | Japan Business <br> Systems, Inc.<br>| 5200 | 49899 |
| \* | Japan <br> Communications, <br> Inc.<br>| 42200 | 40998 |
|  | Japan Electronic <br> Materials Corp.<br>| 3700 | 104692 |
|  | Japan Elevator <br> Service Holdings <br> Co. Ltd.<br>| 52400 | 616860 |
|  | Japan Exchange <br> Group, Inc.<br>| 132200 | 1474184 |
| # | Japan Foundation <br> Engineering Co. <br> Ltd.<br>| 5100 | 20914 |
| # | Japan Hospice <br> Holdings, Inc.<br>| 1300 | 11413 |
|  | Japan Investment <br> Adviser Co. Ltd.<br>| 8700 | 99706 |
|  | Japan Lifeline Co. <br> Ltd.<br>| 14800 | 140482 |
|  | Japan Material Co. <br> Ltd.<br>| 17500 | 218645 |
|  | Japan Medical <br> Dynamic Marketing, <br> Inc.<br>| 7100 | 21945 |
|  | Japan Petroleum <br> Exploration Co. <br> Ltd.<br>| 40000 | 334301 |
|  | Japan Post Bank Co. <br> Ltd.<br>| 83900 | 940106 |
|  | Japan Post Holdings <br> Co. Ltd.<br>| 81100 | 759992 |
|  | Japan Post Insurance <br> Co. Ltd.<br>| 24100 | 623282 |
|  | Japan Property <br> Management <br> Center Co. Ltd.<br>| 4600 | 37391 |
|  | Japan Pulp & Paper <br> Co. Ltd.<br>| 44000 | 206463 |
|  | Japan Securities <br> Finance Co. Ltd.<br>| 29000 | 333023 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Japan Steel Works <br> Ltd.<br>| 11574 | $758018 |
|  | Japan System <br> Techniques Co. <br> Ltd.<br>| 5200 | 72049 |
|  | Japan Tobacco, Inc. | 20400 | 710591 |
|  | Japan Transcity Corp. | 14800 | 110095 |
|  | Japan Wool Textile <br> Co. Ltd.<br>| 18700 | 197248 |
|  | JBCC Holdings, Inc. | 16000 | 134183 |
|  | JCU Corp. | 9700 | 286092 |
|  | JDC Corp. | 16200 | 56518 |
|  | Jeol Ltd. | 13200 | 443615 |
|  | JFE Holdings, Inc. | 74100 | 849202 |
|  | JFE Systems, Inc. | 1800 | 21900 |
|  | JGC Holdings Corp. | 56800 | 574502 |
| \* | JIG-SAW, Inc. | 1500 | 39461 |
|  | JINS Holdings, Inc. | 3800 | 191724 |
|  | JINUSHI Co. Ltd. | 4500 | 84665 |
| # | JK Holdings Co. Ltd. | 6500 | 53139 |
|  | J-Lease Co. Ltd. | 4000 | 39039 |
|  | JM Holdings Co. Ltd. | 10800 | 105584 |
|  | JMS Co. Ltd. | 4100 | 11436 |
|  | J-Oil Mills, Inc. | 6600 | 86395 |
|  | Joshin Denki Co. Ltd. | 5000 | 86572 |
|  | Joyful Honda Co. Ltd. | 15200 | 201047 |
| # | JP-Holdings, Inc. | 21100 | 81329 |
| # | JSB Co. Ltd. | 2600 | 61500 |
|  | JSP Corp. | 4700 | 57496 |
|  | JTEKT Corp. | 55700 | 557225 |
| \* | Juki Corp. | 8500 | 24373 |
|  | Juroku Financial <br> Group, Inc.<br>| 10200 | 371485 |
|  | Justsystems Corp. | 8500 | 274531 |
|  | JVCKenwood Corp. | 80300 | 643386 |
| # | K&O Energy Group, <br> Inc.<br>| 5900 | 133007 |
|  | Kadokawa Corp. | 9000 | 202060 |
|  | Kadoya Sesame Mills, <br> Inc.<br>| 1000 | 24739 |
|  | Kaga Electronics Co. <br> Ltd.<br>| 16600 | 384395 |
| # | Kagome Co. Ltd. | 20600 | 355900 |
|  | Kajima Corp. | 48300 | 1557084 |
|  | Kakaku.com, Inc. | 36300 | 645324 |
|  | Kaken Pharmaceutical <br> Co. Ltd.<br>| 2700 | 64221 |
|  | Kakiyasu Honten Co. <br> Ltd.<br>| 800 | 13539 |
|  | Kamakura Shinsho <br> Ltd.<br>| 9100 | 34133 |
|  | Kameda Seika Co. <br> Ltd.<br>| 2500 | 62319 |
|  | Kamei Corp. | 8600 | 162674 |
|  | Kamigumi Co. Ltd. | 23700 | 711432 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Kanaden Corp. | 6900 | $93674 |
|  | Kanadevia Corp. | 74700 | 553503 |
| # | Kanagawa Chuo <br> Kotsu Co. Ltd.<br>| 2100 | 47791 |
|  | Kanamic Network Co. <br> Ltd.<br>| 5700 | 17776 |
|  | Kanamoto Co. Ltd. | 9700 | 225914 |
|  | Kandenko Co. Ltd. | 25600 | 782391 |
|  | Kaneka Corp. | 13400 | 369700 |
|  | Kaneko Seeds Co. <br> Ltd.<br>| 3900 | 41893 |
|  | Kanematsu Corp. | 34500 | 698481 |
|  | Kanemi Co. Ltd. | 600 | 12899 |
| # | Kanro, Inc. | 7500 | 70683 |
|  | Kansai Electric Power <br> Co., Inc. <br>| 67300 | 1049890 |
|  | Kansai Paint Co. Ltd. | 43000 | 690167 |
|  | Kanto Denka Kogyo <br> Co. Ltd.<br>| 16448 | 110978 |
|  | Kao Corp. | 32120 | 1359306 |
| # | Kappa Create Co. <br> Ltd.<br>| 6900 | 66662 |
|  | Katakura Industries <br> Co. Ltd.<br>| 8000 | 137907 |
|  | Katitas Co. Ltd. | 16000 | 260112 |
|  | Kato Sangyo Co. Ltd. | 5700 | 218803 |
|  | Kato Works Co. Ltd. | 5200 | 46730 |
|  | Kawada Technologies, <br> Inc.<br>| 5700 | 149350 |
|  | Kawai Musical <br> Instruments <br> Manufacturing Co. <br> Ltd.<br>| 2600 | 43720 |
|  | Kawasaki Heavy <br> Industries Ltd.<br>| 13300 | 1065019 |
| # | Kawasaki Kisen <br> Kaisha Ltd.<br>| 41466 | 594106 |
|  | KDDI Corp. | 298000 | 4750224 |
| # | KeePer Technical <br> Laboratory Co. Ltd.<br>| 4700 | 111960 |
|  | Keihan Holdings Co. <br> Ltd.<br>| 26300 | 532821 |
|  | Keihanshin Building <br> Co. Ltd.<br>| 7700 | 86589 |
|  | Keikyu Corp. | 31500 | 293868 |
|  | Keio Corp. | 15800 | 374738 |
|  | Keisei Electric Railway <br> Co. Ltd.<br>| 36357 | 290183 |
|  | KEIWA, Inc. | 2400 | 17961 |
|  | Keiyo Bank Ltd. | 31000 | 261536 |
|  | Kenko Mayonnaise <br> Co. Ltd.<br>| 4700 | 55497 |
|  | Kewpie Corp. | 27400 | 760281 |
|  | Keyence Corp. | 3800 | 1410311 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | KH Neochem Co. Ltd. | 10058 | $179866 |
| # | Kibun Foods, Inc. | 4200 | 29275 |
|  | Kikkoman Corp. | 63900 | 508838 |
|  | Kimura Chemical <br> Plants Co. Ltd.<br>| 5900 | 40999 |
|  | Kimura Unity Co. Ltd. | 2800 | 15277 |
|  | Kinden Corp. | 23600 | 945348 |
| # | King Jim Co. Ltd. | 4200 | 22880 |
|  | Kintetsu Department <br> Store Co. Ltd.<br>| 3100 | 37760 |
|  | Kintetsu Group <br> Holdings Co. Ltd.<br>| 23000 | 436471 |
|  | Kirin Holdings Co. <br> Ltd.<br>| 70200 | 987203 |
|  | Kissei Pharmaceutical <br> Co. Ltd.<br>| 11300 | 295089 |
|  | Ki-Star Real Estate <br> Co. Ltd.<br>| 4300 | 145973 |
|  | Kitagawa Corp. | 4300 | 45000 |
| # | Kita-Nippon Bank Ltd. | 3100 | 75775 |
|  | Kitano Construction <br> Corp.<br>| 6400 | 54684 |
| # | Kitanotatsujin Corp. | 18900 | 16635 |
|  | Kitz Corp. | 25100 | 281386 |
|  | Kiyo Bank Ltd. | 29500 | 574563 |
| #\* | KNT-CT Holdings Co. <br> Ltd.<br>| 3800 | 36801 |
|  | Koa Corp. | 12400 | 110185 |
|  | Koa Shoji Holdings <br> Co. Ltd.<br>| 2400 | 12167 |
|  | Koatsu Gas Kogyo <br> Co. Ltd.<br>| 11200 | 74649 |
| # | Kobe Bussan Co. Ltd. | 17000 | 394470 |
| # | Kobe Electric Railway <br> Co. Ltd.<br>| 1600 | 24193 |
|  | Kobe Steel Ltd. | 154000 | 1812482 |
|  | Koei Tecmo Holdings <br> Co. Ltd.<br>| 5620 | 75645 |
|  | Kohnan Shoji Co. Ltd. | 10700 | 259050 |
| # | Kohoku Kogyo Co. <br> Ltd.<br>| 2400 | 54001 |
|  | Kohsoku Corp. | 3200 | 59295 |
| # | Koike-ya, Inc. | 1200 | 35534 |
|  | Koito Manufacturing <br> Co. Ltd.<br>| 38000 | 565828 |
| # | Kojima Co. Ltd. | 11600 | 82768 |
|  | Kokusai Electric <br> Corp.<br>| 30100 | 1099897 |
|  | Kokuyo Co. Ltd. | 91600 | 525638 |
|  | Komatsu Ltd. | 125000 | 4181368 |
| # | Komatsu Matere Co. <br> Ltd.<br>| 10900 | 60726 |
|  | Komatsu Wall Industry <br> Co. Ltd.<br>| 5100 | 82262 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | KOMEDA Holdings <br> Co. Ltd.<br>| 14900 | $280721 |
|  | Komehyo Holdings <br> Co. Ltd.<br>| 3700 | 71869 |
|  | Komeri Co. Ltd. | 9700 | 201803 |
|  | Komori Corp. | 14000 | 131481 |
|  | Konami Group Corp. | 9900 | 1648698 |
| # | Kondotec, Inc. | 7700 | 83883 |
|  | Konica Minolta, Inc. | 116700 | 400741 |
|  | Konishi Co. Ltd. | 20200 | 161680 |
|  | Konoike Transport Co. <br> Ltd.<br>| 10300 | 213029 |
| # | Konoshima Chemical <br> Co. Ltd.<br>| 3900 | 37383 |
|  | Kosaido Holdings Co. <br> Ltd.<br>| 12700 | 34905 |
|  | Kose Corp. | 6900 | 264342 |
|  | Koshidaka Holdings <br> Co. Ltd.<br>| 17900 | 136929 |
| # | Kotobuki Spirits Co. <br> Ltd.<br>| 35600 | 426814 |
| \* | Kourakuen Corp. | 1300 | 8686 |
|  | Kozo Keikaku <br> Engineering <br> Holdings, Inc.<br>| 1000 | 20581 |
|  | KPP Group Holdings <br> Co. Ltd.<br>| 16100 | 79531 |
|  | Kraftia Corp. | 11200 | 592456 |
|  | Krosaki Harima Corp. | 6400 | 171629 |
|  | KRS Corp. | 5400 | 101962 |
|  | K's Holdings Corp. | 57600 | 571005 |
|  | KU Holdings Co. Ltd. | 4300 | 32840 |
|  | Kubota Corp. (6326 <br> JP)<br>| 124300 | 1609332 |
| # | Kumagai Gumi Co. <br> Ltd.<br>| 49200 | 446716 |
| # | Kumiai Chemical <br> Industry Co. Ltd.<br>| 25263 | 111760 |
| # | Kura Sushi, Inc. | 4300 | 92624 |
|  | Kurabo Industries Ltd. | 5100 | 231894 |
|  | Kuraray Co. Ltd. | 96400 | 1044644 |
| # | Kureha Corp. | 13700 | 327512 |
| # | Kurimoto Ltd. | 17000 | 190880 |
|  | Kurita Water <br> Industries Ltd.<br>| 25700 | 973618 |
|  | Kuriyama Holdings <br> Corp.<br>| 5600 | 60287 |
| # | Kusuri No. Aoki <br> Holdings Co. Ltd.<br>| 17400 | 440895 |
|  | KYB Corp. | 14200 | 360096 |
|  | Kyocera Corp. | 152004 | 2017001 |
|  | Kyodo Printing Co. <br> Ltd.<br>| 10800 | 105031 |
|  | Kyoei Steel Ltd. | 6800 | 101234 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Kyokuto Boeki Kaisha <br> Ltd.<br>| 6000 | $69319 |
|  | Kyokuto Kaihatsu <br> Kogyo Co. Ltd.<br>| 13200 | 220897 |
|  | Kyokuto Securities <br> Co. Ltd.<br>| 7300 | 72120 |
|  | Kyokuyo Co. Ltd. | 3700 | 114382 |
|  | Kyorin Pharmaceutical <br> Co. Ltd.<br>| 10900 | 99356 |
|  | Kyoritsu Maintenance <br> Co. Ltd.<br>| 23300 | 453461 |
| # | Kyosan Electric <br> Manufacturing Co. <br> Ltd.<br>| 17000 | 58226 |
|  | Kyoto Financial <br> Group, Inc.<br>| 53500 | 1083822 |
|  | Kyowa Kirin Co. Ltd. | 23100 | 357681 |
|  | Kyushu Electric Power <br> Co., Inc.<br>| 58200 | 571190 |
|  | Kyushu Financial <br> Group, Inc.<br>| 109299 | 626434 |
|  | Kyushu Railway Co. | 21100 | 535113 |
|  | LA Holdings Co. Ltd. | 2100 | 102293 |
| # | Lacto Japan Co. Ltd. | 2400 | 53734 |
| # | Lasertec Corp. | 8500 | 1725774 |
|  | LEC, Inc. | 5500 | 36386 |
|  | Leopalace21 Corp. | 70800 | 289135 |
|  | Life Corp. | 12400 | 194536 |
|  | Lifedrink Co., Inc. | 13200 | 171762 |
| # | LIFULL Co. Ltd. | 17200 | 21423 |
| # | LIKE, Inc. | 3000 | 29182 |
|  | Link & Motivation, <br> Inc.<br>| 12800 | 40844 |
|  | Lintec Corp. | 15338 | 389804 |
|  | Lion Corp. | 53800 | 530146 |
|  | LITALICO, Inc. | 6100 | 48782 |
|  | Lixil Corp. | 62300 | 690507 |
|  | Loadstar Capital KK | 3000 | 62922 |
| # | Look Holdings, Inc. | 2300 | 39437 |
|  | LY Corp. | 140400 | 412568 |
|  | M&A Capital Partners <br> Co. Ltd.<br>| 2300 | 43918 |
|  | M3, Inc. | 29300 | 410635 |
|  | Mabuchi Motor Co. <br> Ltd.<br>| 27400 | 484049 |
|  | Macnica Holdings, <br> Inc.<br>| 54597 | 777283 |
|  | Maeda Kosen Co. <br> Ltd.<br>| 18000 | 224882 |
|  | Maezawa Industries, <br> Inc.<br>| 2800 | 34920 |
| # | Maezawa Kasei <br> Industries Co. Ltd.<br>| 5600 | 75696 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Maezawa Kyuso <br> Industries Co. Ltd.<br>| 6800 | $63193 |
|  | Makino Milling <br> Machine Co. Ltd.<br>| 9300 | 675638 |
|  | Makita Corp. (6586 <br> JP)<br>| 20400 | 616719 |
|  | Mamiya-Op Co. Ltd. | 1800 | 22003 |
| # | Management <br> Solutions Co. Ltd.<br>| 3500 | 30382 |
|  | Mandom Corp. | 13300 | 209252 |
|  | Mani, Inc. | 21200 | 202813 |
|  | MarkLines Co. Ltd. | 3600 | 46220 |
|  | Mars Group Holdings <br> Corp.<br>| 3500 | 69654 |
|  | Marubeni Corp. | 66300 | 1629390 |
|  | Marubun Corp. | 6700 | 51541 |
| # | Maruchiyo Yamaokaya <br> Corp.<br>| 2600 | 45209 |
| # | Marudai Food Co. <br> Ltd.<br>| 6000 | 72943 |
|  | Maruha Nichiro Corp. | 20233 | 452277 |
|  | Marui Group Co. Ltd. | 40600 | 778641 |
|  | Maruichi Steel Tube <br> Ltd.<br>| 57000 | 481952 |
|  | MARUKA FURUSATO <br> Corp.<br>| 7553 | 110614 |
| # | Marusan Securities <br> Co. Ltd.<br>| 17700 | 106528 |
|  | Maruwa Co. Ltd. | 1900 | 537200 |
|  | Maruyama <br> Manufacturing Co., <br> Inc.<br>| 900 | 12687 |
|  | Maruzen Showa Unyu <br> Co. Ltd.<br>| 4800 | 215993 |
|  | Marvelous, Inc. | 4000 | 14667 |
|  | Matching Service <br> Japan Co. Ltd.<br>| 2600 | 16879 |
|  | Matsuda Sangyo Co. <br> Ltd.<br>| 6500 | 174535 |
| # | Matsui Construction <br> Co. Ltd.<br>| 6600 | 59100 |
| # | Matsui Securities Co. <br> Ltd.<br>| 34200 | 170363 |
|  | MatsukiyoCocokara & <br> Co.<br>| 56540 | 1024369 |
|  | Matsuya Co. Ltd. | 10300 | 115321 |
|  | Matsuyafoods <br> Holdings Co. Ltd.<br>| 1800 | 68322 |
|  | Max Co. Ltd. | 6000 | 217487 |
|  | Maxell Ltd. | 15600 | 226136 |
|  | Maxvalu Tokai Co. <br> Ltd.<br>| 2400 | 54406 |
|  | Mazda Motor Corp. | 116600 | 803473 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | McDonald's Holdings <br> Co. Japan Ltd.<br>| 12300 | $481175 |
|  | MCJ Co. Ltd. | 34200 | 322609 |
|  | Mebuki Financial <br> Group, Inc.<br>| 234190 | 1461254 |
|  | MEC Co. Ltd. | 5100 | 150450 |
|  | Media Do Co. Ltd. | 2600 | 30687 |
| # | Medical System <br> Network Co. Ltd.<br>| 12800 | 40808 |
|  | Medikit Co. Ltd. | 600 | 10538 |
|  | Medipal Holdings <br> Corp.<br>| 40200 | 654070 |
| # | Medius Holdings Co. <br> Ltd.<br>| 3700 | 19166 |
| #\* | Medley, Inc. | 2400 | 32761 |
|  | Megachips Corp. | 500 | 26207 |
|  | Megmilk Snow Brand <br> Co. Ltd.<br>| 14500 | 265939 |
|  | Meidensha Corp. | 15600 | 617807 |
|  | Meiho Facility Works <br> Ltd.<br>| 3300 | 23677 |
|  | Meiji Electric <br> Industries Co. Ltd.<br>| 2500 | 37675 |
|  | MEIJI Holdings Co. <br> Ltd.<br>| 29000 | 558248 |
| # | Meiji Shipping Group <br> Co. Ltd.<br>| 6900 | 31330 |
|  | Meiko Electronics Co. <br> Ltd.<br>| 8000 | 526147 |
|  | Meisei Industrial Co. <br> Ltd.<br>| 17000 | 181912 |
|  | MEITEC Group <br> Holdings, Inc.<br>| 26000 | 532962 |
| # | Meito Co. Ltd. | 3300 | 45650 |
|  | Meiwa Corp. | 11400 | 58580 |
|  | Meiwa Estate Co. <br> Ltd.<br>| 3900 | 27056 |
|  | Menicon Co. Ltd. | 22100 | 172292 |
| \* | Mercari, Inc. | 18273 | 270959 |
|  | Mercuria Holdings Co. <br> Ltd.<br>| 4100 | 22626 |
|  | METAWATER Co. <br> Ltd.<br>| 3400 | 72976 |
|  | Micronics Japan Co. <br> Ltd.<br>| 9600 | 566227 |
|  | Midac Holdings Co. <br> Ltd.<br>| 2700 | 32460 |
| # | Mie Kotsu Group <br> Holdings, Inc.<br>| 16900 | 58955 |
|  | Milbon Co. Ltd. | 3300 | 49566 |
|  | MIMAKI <br> ENGINEERING Co. <br> Ltd.<br>| 7300 | 80459 |
|  | Minebea Mitsumi, Inc. | 72961 | 1441984 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Mirai Industry Co. <br> Ltd.<br>| 2400 | $51886 |
|  | Mirait One Corp. | 35000 | 678206 |
|  | Mirarth Holdings, Inc. | 31754 | 78271 |
|  | Miroku Jyoho Service <br> Co. Ltd.<br>| 5900 | 67442 |
|  | MISUMI Group, Inc. | 26200 | 408485 |
|  | Mitani Corp. | 7600 | 114628 |
| # | Mitani Sangyo Co. <br> Ltd.<br>| 9700 | 31379 |
|  | Mitani Sekisan Co. <br> Ltd.<br>| 2200 | 107502 |
| # | Mito Securities Co. <br> Ltd.<br>| 24400 | 81027 |
|  | Mitsuba Corp. | 11300 | 68687 |
|  | Mitsubishi Chemical <br> Group Corp.<br>| 309700 | 1617742 |
|  | Mitsubishi Corp. | 157590 | 3784153 |
|  | Mitsubishi Electric <br> Corp.<br>| 72000 | 2044266 |
|  | Mitsubishi Estate Co. <br> Ltd.<br>| 55200 | 1169792 |
|  | Mitsubishi Gas <br> Chemical Co., Inc.<br>| 37900 | 701193 |
|  | Mitsubishi HC Capital, <br> Inc.<br>| 299200 | 2340542 |
|  | Mitsubishi Heavy <br> Industries Ltd.<br>| 77600 | 2342718 |
|  | Mitsubishi Kakoki <br> Kaisha Ltd.<br>| 9600 | 204634 |
|  | Mitsubishi Logisnext <br> Co. Ltd.<br>| 16000 | 159331 |
|  | Mitsubishi Logistics <br> Corp.<br>| 68000 | 493070 |
|  | Mitsubishi Materials <br> Corp.<br>| 39000 | 750899 |
|  | Mitsubishi Motors <br> Corp.<br>| 187600 | 457167 |
|  | Mitsubishi Paper Mills <br> Ltd.<br>| 8900 | 35215 |
|  | Mitsubishi Pencil Co. <br> Ltd.<br>| 5000 | 66324 |
|  | Mitsubishi Research <br> Institute, Inc.<br>| 3000 | 94849 |
|  | Mitsubishi Steel <br> Manufacturing Co. <br> Ltd.<br>| 3400 | 41333 |
|  | Mitsubishi UFJ <br> Financial Group, <br> Inc. (8306 JP)<br>| 557200 | 8416655 |
|  | Mitsuboshi Belting <br> Ltd.<br>| 6300 | 151695 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Mitsui & Co. Ltd. <br> (8031 JP)<br>| 120200 | $2955913 |
|  | Mitsui & Co. Ltd. <br> (MITSY US), <br> Sponsored ADR<br>| 170 | 83302 |
|  | Mitsui Chemicals, Inc. | 37110 | 876128 |
|  | Mitsui DM Sugar Co. <br> Ltd.<br>| 6200 | 122099 |
|  | Mitsui E&S Co. Ltd. | 26400 | 1073291 |
|  | Mitsui Fudosan Co. <br> Ltd.<br>| 124800 | 1299467 |
|  | Mitsui High-Tec, Inc. | 31300 | 156110 |
|  | Mitsui Kinzoku Co. <br> Ltd.<br>| 19400 | 1976035 |
| # | Mitsui Matsushima <br> Holdings Co. Ltd.<br>| 21000 | 176370 |
| # | Mitsui OSK Lines Ltd. | 47300 | 1405359 |
|  | Mitsui-Soko Holdings <br> Co. Ltd.<br>| 22500 | 590473 |
|  | Mitsuuroko Group <br> Holdings Co. Ltd.<br>| 14700 | 200846 |
|  | Miura Co. Ltd. | 9400 | 182018 |
|  | MIXI, Inc. | 11000 | 221977 |
|  | Miyaji Engineering <br> Group, Inc.<br>| 8400 | 107644 |
|  | Miyazaki Bank Ltd. | 4900 | 147347 |
|  | Miyoshi Oil & Fat Co. <br> Ltd.<br>| 3800 | 54223 |
|  | Mizuho Financial <br> Group, Inc. (8411 <br> JP)<br>| 139800 | 4682666 |
|  | Mizuho Leasing Co. <br> Ltd.<br>| 75200 | 602446 |
|  | Mizuho Medy Co. Ltd. | 3600 | 38074 |
|  | Mizuno Corp. | 21300 | 384254 |
|  | Mochida <br> Pharmaceutical Co. <br> Ltd.<br>| 6400 | 122261 |
|  | Modec, Inc. | 2900 | 188120 |
|  | Monogatari Corp. | 8800 | 220022 |
|  | MonotaRO Co. Ltd. | 40800 | 569246 |
|  | Morinaga & Co. Ltd. | 19500 | 336000 |
|  | Morinaga Milk Industry <br> Co. Ltd.<br>| 33400 | 720976 |
|  | Moriroku Co. Ltd. | 1800 | 27381 |
|  | Morita Holdings Corp. | 9700 | 146647 |
|  | Morito Co. Ltd. | 6400 | 67423 |
|  | Morozoff Ltd. | 5400 | 53402 |
| # | Mory Industries, Inc. | 8000 | 49806 |
|  | MOS Food Services, <br> Inc.<br>| 900 | 22572 |
|  | MrMax Holdings Ltd. | 10500 | 52461 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | MS&AD Insurance <br> Group Holdings, <br> Inc.<br>| 125700 | $2591238 |
|  | MTI Ltd. | 2400 | 12503 |
|  | Mugen Estate Co. <br> Ltd.<br>| 4500 | 59409 |
|  | m-up Holdings, Inc. | 12400 | 154913 |
|  | Murakami Corp. | 2200 | 96601 |
|  | Murata Manufacturing <br> Co. Ltd.<br>| 58016 | 1250878 |
|  | Musashi Seimitsu <br> Industry Co. Ltd.<br>| 16200 | 365473 |
|  | Musashino Bank Ltd. | 8400 | 225982 |
|  | Muto Seiko Co. | 2000 | 21834 |
|  | Nabtesco Corp. | 9900 | 247991 |
| # | Nachi-Fujikoshi Corp. | 4838 | 123758 |
| # | Nafco Co. Ltd. | 5700 | 73887 |
|  | Nagano Keiki Co. Ltd. | 5600 | 85185 |
|  | Nagase & Co. Ltd. | 40800 | 890999 |
|  | Nagase Brothers, Inc. | 4000 | 58234 |
|  | Nagoya Railroad Co. <br> Ltd.<br>| 33700 | 368643 |
|  | Nakabayashi Co. Ltd. | 9300 | 34731 |
|  | Nakamoto Packs Co. <br> Ltd.<br>| 1400 | 16462 |
| # | Nakamuraya Co. Ltd. | 1900 | 37479 |
|  | Nakanishi, Inc. | 13500 | 178742 |
| # | Nakayama Steel <br> Works Ltd.<br>| 13800 | 55149 |
|  | Namura Shipbuilding <br> Co. Ltd.<br>| 18000 | 610489 |
|  | Nankai Electric <br> Railway Co. Ltd.<br>| 19200 | 346813 |
|  | Nanto Bank Ltd. | 8800 | 292683 |
|  | Nanyo Corp. | 1600 | 13930 |
|  | Narasaki Sangyo Co. <br> Ltd.<br>| 1400 | 30938 |
|  | Natori Co. Ltd. | 2500 | 31541 |
|  | NCD Co. <br> Ltd./Shinagawa<br>| 1700 | 29486 |
| \* | NE, Inc. | 3200 | 16612 |
|  | NEC Capital Solutions <br> Ltd.<br>| 5300 | 130952 |
|  | NEC Corp. | 42000 | 1525442 |
|  | Neturen Co. Ltd. | 11900 | 91987 |
|  | New Art Holdings Co. <br> Ltd.<br>| 3079 | 28628 |
|  | Nexon Co. Ltd. | 14000 | 285523 |
| # | Nextage Co. Ltd. | 12300 | 184830 |
|  | NGK Insulators Ltd. | 56900 | 959991 |
|  | NH Foods Ltd. | 17600 | 650016 |
|  | NHK Spring Co. Ltd. | 70863 | 1328530 |
|  | Nicca Chemical Co. <br> Ltd.<br>| 2100 | 19752 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nice Corp. | 2400 | $27625 |
|  | Nichias Corp. | 23800 | 888079 |
| # | Nichiban Co. Ltd. | 4000 | 49577 |
|  | Nichicon Corp. | 21000 | 210701 |
|  | Nichiden Corp. | 5400 | 86925 |
|  | Nichiha Corp. | 9600 | 170753 |
|  | Nichirei Corp. | 64600 | 764694 |
|  | Nichireki Group Co. <br> Ltd.<br>| 10800 | 169880 |
|  | Nichirin Co. Ltd. | 4500 | 104715 |
|  | NIDEC Corp. (6594 <br> JP)<br>| 120300 | 1463663 |
|  | Nifco, Inc. | 26800 | 776651 |
|  | Nihon Dempa Kogyo <br> Co. Ltd.<br>| 7900 | 57699 |
|  | Nihon Dengi Co. Ltd. | 2800 | 99372 |
|  | Nihon Denkei Co. <br> Ltd.<br>| 3900 | 51525 |
|  | Nihon Flush Co. Ltd. | 7095 | 37199 |
| # | Nihon House Holdings <br> Co. Ltd.<br>| 12300 | 23678 |
|  | Nihon Kagaku Sangyo <br> Co. Ltd.<br>| 5600 | 81191 |
|  | Nihon M&A Center <br> Holdings, Inc.<br>| 91600 | 431417 |
|  | Nihon Nohyaku Co. <br> Ltd.<br>| 12200 | 68270 |
|  | Nihon Parkerizing Co. <br> Ltd.<br>| 27200 | 236250 |
|  | Nihon Tokushu Toryo <br> Co. Ltd.<br>| 5000 | 67676 |
|  | Nihon Trim Co. Ltd. | 1200 | 37463 |
|  | Nikkiso Co. Ltd. | 15200 | 148596 |
| # | Nikko Co. Ltd. | 10500 | 52067 |
| # | Nikkon Holdings Co. <br> Ltd.<br>| 29694 | 669720 |
|  | Nikon Corp. | 52500 | 612290 |
|  | Nintendo Co. Ltd. | 13500 | 1151413 |
| # | Nippi, Inc. | 300 | 24512 |
|  | Nippn Corp. | 17300 | 245955 |
|  | Nippon Air <br> Conditioning <br> Services Co. Ltd.<br>| 6100 | 51864 |
|  | Nippon Aqua Co. Ltd. | 5000 | 30298 |
|  | Nippon Avionics Co. <br> Ltd.<br>| 2000 | 70484 |
| # | Nippon Beet Sugar <br> Manufacturing Co. <br> Ltd.<br>| 4800 | 93037 |
|  | Nippon Carbide <br> Industries Co., Inc.<br>| 3800 | 52310 |
| # | Nippon Carbon Co. <br> Ltd.<br>| 1900 | 53434 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nippon Care Supply <br> Co. Ltd.<br>| 800 | $12585 |
|  | Nippon Chemical <br> Industrial Co. Ltd.<br>| 3000 | 54452 |
| \* | Nippon Chemi-Con <br> Corp.<br>| 5600 | 56512 |
| #\* | Nippon Coke & <br> Engineering Co. <br> Ltd.<br>| 76400 | 46994 |
| # | Nippon Concrete <br> Industries Co. Ltd.<br>| 16800 | 35169 |
|  | Nippon Denko Co. <br> Ltd.<br>| 40192 | 87726 |
|  | Nippon Densetsu <br> Kogyo Co. Ltd.<br>| 13300 | 248122 |
|  | Nippon Dry-Chemical <br> Co. Ltd.<br>| 2100 | 114739 |
|  | Nippon Electric Glass <br> Co. Ltd.<br>| 31400 | 1057138 |
|  | Nippon Express <br> Holdings, Inc.<br>| 73200 | 1557351 |
|  | Nippon Fine Chemical <br> Co. Ltd.<br>| 4300 | 69274 |
|  | Nippon Gas Co. Ltd. | 38600 | 738940 |
|  | Nippon Hume Corp. | 7200 | 145147 |
|  | Nippon Kayaku Co. <br> Ltd.<br>| 38700 | 353889 |
|  | Nippon Kodoshi Corp. | 3100 | 54708 |
|  | Nippon Light Metal <br> Holdings Co. Ltd.<br>| 17940 | 261247 |
|  | Nippon Paint Holdings <br> Co. Ltd.<br>| 104500 | 664727 |
|  | Nippon Paper <br> Industries Co. Ltd.<br>| 31400 | 234919 |
|  | Nippon Parking <br> Development Co. <br> Ltd.<br>| 76500 | 134052 |
|  | Nippon Rietec Co. <br> Ltd.<br>| 2400 | 32026 |
|  | Nippon Sanso <br> Holdings Corp.<br>| 29200 | 969785 |
|  | Nippon Seiki Co. Ltd. | 11300 | 130577 |
|  | Nippon Seisen Co. <br> Ltd.<br>| 3500 | 25113 |
|  | Nippon Sharyo Ltd. | 3200 | 69318 |
| \* | Nippon Sheet Glass <br> Co. Ltd.<br>| 34300 | 128329 |
|  | Nippon Shinyaku Co. <br> Ltd.<br>| 15100 | 315946 |
|  | Nippon Shokubai Co. <br> Ltd.<br>| 32000 | 370763 |
|  | Nippon Signal Co. <br> Ltd.<br>| 14900 | 121833 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nippon Soda Co. Ltd. | 18000 | $399041 |
|  | Nippon Steel Corp. | 455495 | 1877563 |
|  | Nippon Television <br> Holdings, Inc.<br>| 7700 | 186821 |
|  | Nippon Thompson Co. <br> Ltd.<br>| 20000 | 86603 |
|  | Nippon Yakin Kogyo <br> Co. Ltd.<br>| 3890 | 107780 |
|  | Nippon Yusen KK | 63300 | 2185960 |
|  | Nipro Corp. | 45897 | 448016 |
|  | Nishikawa Rubber Co. <br> Ltd.<br>| 7600 | 139879 |
|  | Nishimatsu <br> Construction Co. <br> Ltd.<br>| 11800 | 405328 |
|  | Nishimatsuya Chain <br> Co. Ltd.<br>| 8400 | 112392 |
|  | Nishi-Nippon Financial <br> Holdings, Inc.<br>| 47600 | 813402 |
|  | Nishi-Nippon Railroad <br> Co. Ltd.<br>| 11300 | 164153 |
|  | Nishio Holdings Co. <br> Ltd.<br>| 7100 | 201986 |
|  | Nissan Chemical <br> Corp.<br>| 30100 | 1016948 |
| \* | Nissan Motor Co. Ltd. | 234300 | 535547 |
|  | Nissan Shatai Co. <br> Ltd.<br>| 19600 | 130494 |
|  | Nissan Tokyo Sales <br> Holdings Co. Ltd.<br>| 10900 | 35524 |
|  | Nissei ASB Machine <br> Co. Ltd.<br>| 1900 | 84158 |
| # | Nissei Plastic <br> Industrial Co. Ltd.<br>| 5600 | 30860 |
|  | Nissha Co. Ltd. | 12200 | 105995 |
|  | Nisshin Group <br> Holdings Co. Ltd.<br>| 14000 | 54675 |
|  | Nisshin Oillio Group <br> Ltd.<br>| 11500 | 379973 |
|  | Nisshin Seifun Group, <br> Inc.<br>| 41000 | 463525 |
|  | Nisshinbo Holdings, <br> Inc.<br>| 43148 | 340990 |
| # | Nissin Foods Holdings <br> Co. Ltd.<br>| 10500 | 189544 |
| # | Nisso Holdings Co. <br> Ltd.<br>| 3700 | 15436 |
|  | Nissui Corp. | 135500 | 944030 |
|  | Niterra Co. Ltd. | 42100 | 1727072 |
|  | Nitori Holdings Co. <br> Ltd.<br>| 49800 | 806869 |
|  | Nitta Corp. | 6400 | 167760 |
|  | Nitta Gelatin, Inc. | 5000 | 32122 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nittetsu Mining Co. <br> Ltd.<br>| 22000 | $240964 |
|  | Nitto Boseki Co. Ltd. | 1800 | 101600 |
|  | Nitto Denko Corp. | 118500 | 2951225 |
|  | Nitto Fuji Flour Milling <br> Co. Ltd.<br>| 1000 | 45058 |
| # | Nitto Kogyo Corp. | 8000 | 191579 |
|  | Nitto Kohki Co. Ltd. | 4300 | 47750 |
| # | Nitto Seiko Co. Ltd. | 9400 | 41974 |
|  | Nittoc Construction <br> Co. Ltd.<br>| 10600 | 84186 |
|  | Nittoku Co. Ltd. | 5500 | 86903 |
|  | Noevir Holdings Co. <br> Ltd.<br>| 4400 | 124870 |
|  | NOF Corp. | 40300 | 717120 |
|  | Nohmi Bosai Ltd. | 3700 | 90975 |
|  | Nojima Corp. | 73716 | 544306 |
|  | NOK Corp. | 20200 | 358682 |
|  | Nomura Holdings, Inc. <br> (8604 JP)<br>| 247000 | 1762616 |
|  | Nomura Holdings, Inc. <br> (NMR US), <br> Sponsored ADR<br>| 9532 | 67868 |
|  | Nomura Micro <br> Science Co. Ltd.<br>| 1300 | 33118 |
|  | Nomura Real Estate <br> Holdings, Inc.<br>| 132700 | 757833 |
|  | Nomura Research <br> Institute Ltd.<br>| 22409 | 865280 |
|  | Noritake Co. Ltd. | 8400 | 263116 |
|  | Noritsu Koki Co. Ltd. | 27300 | 296343 |
|  | Noritz Corp. | 9600 | 124651 |
|  | North Pacific Bank <br> Ltd.<br>| 95800 | 448664 |
| # | NPC, Inc. | 5000 | 23246 |
|  | NPR-RIKEN Corp. | 6748 | 136634 |
| # | NS Solutions Corp. | 12100 | 304882 |
|  | NS Tool Co. Ltd. | 5600 | 27803 |
|  | NS United Kaiun <br> Kaisha Ltd.<br>| 5100 | 182331 |
|  | NSD Co. Ltd. | 22540 | 481581 |
|  | NSK Ltd. | 93100 | 469132 |
|  | NSW, Inc. | 3100 | 49940 |
|  | NTN Corp. | 89900 | 200707 |
|  | NTT, Inc. | 1415000 | 1456394 |
| #\* | Nxera Pharma Co. <br> Ltd.<br>| 13500 | 78530 |
|  | Oat Agrio Co. Ltd. | 4000 | 56865 |
| # | Obara Group, Inc. | 2500 | 67968 |
|  | Obayashi Corp. | 80800 | 1366929 |
|  | OBIC Business <br> Consultants Co. <br> Ltd.<br>| 1200 | 68676 |
|  | Obic Co. Ltd. | 14900 | 462214 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Odakyu Electric <br> Railway Co. Ltd.<br>| 41699 | $441021 |
| # | Oenon Holdings, Inc. | 16000 | 53532 |
|  | Ogaki Kyoritsu Bank <br> Ltd.<br>| 14300 | 342315 |
| # | Ohara, Inc. | 2000 | 14755 |
| # | Ohashi Technica, Inc. | 4000 | 53082 |
|  | Ohba Co. Ltd. | 4600 | 33155 |
|  | Ohki Healthcare <br> Holdings Co. Ltd.<br>| 800 | 7290 |
|  | Ohsho Food Service <br> Corp.<br>| 9300 | 203270 |
|  | OIE Sangyo Co. Ltd. | 1100 | 15535 |
|  | Oiles Corp. | 7700 | 112790 |
|  | Oita Bank Ltd. | 4700 | 155125 |
|  | Oji Holdings Corp. | 248300 | 1252768 |
|  | Okabe Co. Ltd. | 12300 | 73187 |
| # | Okada Aiyon Corp. | 800 | 10605 |
|  | Okamoto Industries, <br> Inc.<br>| 3200 | 104722 |
|  | Okamoto Machine <br> Tool Works Ltd.<br>| 1900 | 59088 |
|  | Okamura Corp. | 24200 | 354022 |
|  | Okasan Securities <br> Group, Inc.<br>| 45600 | 204356 |
|  | Oki Electric Industry <br> Co. Ltd.<br>| 26174 | 312710 |
|  | Okinawa Cellular <br> Telephone Co.<br>| 17000 | 283401 |
| # | Okinawa Electric <br> Power Co., Inc.<br>| 7207 | 47226 |
|  | Okinawa Financial <br> Group, Inc.<br>| 5600 | 139561 |
|  | OKUMA Corp. | 13798 | 307182 |
|  | Okumura Corp. | 10100 | 320173 |
|  | Okura Industrial Co. <br> Ltd.<br>| 3400 | 109494 |
|  | Okuwa Co. Ltd. | 9400 | 50695 |
|  | Olympus Corp. | 129200 | 1590060 |
|  | Omron Corp. | 37100 | 1034524 |
|  | Ono Pharmaceutical <br> Co. Ltd.<br>| 77746 | 948766 |
| # | Onoken Co. Ltd. | 6700 | 59816 |
|  | Onward Holdings Co. <br> Ltd.<br>| 31700 | 133036 |
|  | Ootoya Holdings Co. <br> Ltd.<br>| 1300 | 47541 |
|  | Open House Group <br> Co. Ltd.<br>| 26800 | 1289695 |
|  | Open Up Group, Inc. | 14400 | 160637 |
|  | Optex Group Co. Ltd. | 8620 | 130128 |
| \* | Optim Corp. | 900 | 3262 |
|  | Oracle Corp. Japan | 3500 | 322664 |
|  | Organo Corp. | 9400 | 806700 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Orient Corp. | 18140 | $113371 |
|  | Oriental Land Co. <br> Ltd.<br>| 35300 | 714390 |
|  | Oriental Shiraishi <br> Corp.<br>| 55500 | 152849 |
|  | ORIX Corp. (8591 <br> JP)<br>| 87900 | 2150213 |
| # | Oro Co. Ltd. | 2100 | 32042 |
|  | Osaka Gas Co. Ltd. | 31300 | 984850 |
|  | Osaka Organic <br> Chemical Industry <br> Ltd.<br>| 5000 | 124118 |
| # | Osaka Steel Co. Ltd. | 4700 | 79060 |
| # | OSAKA Titanium <br> Technologies Co. <br> Ltd.<br>| 6900 | 118825 |
| # | Osaki Electric Co. <br> Ltd.<br>| 13700 | 111029 |
|  | OSG Corp. | 19306 | 279904 |
|  | Otsuka Corp. | 26400 | 521930 |
|  | Otsuka Holdings Co. <br> Ltd.<br>| 22300 | 1213655 |
|  | OUG Holdings, Inc. | 1200 | 30101 |
|  | Oyo Corp. | 7500 | 139959 |
| # | Ozu Corp. | 2400 | 26563 |
| # | Pacific Industrial Co. <br> Ltd.<br>| 17200 | 343013 |
| # | Pacific Metals Co. <br> Ltd.<br>| 3200 | 42505 |
|  | Pack Corp. | 9600 | 74801 |
|  | PAL GROUP Holdings <br> Co. Ltd.<br>| 29200 | 375728 |
|  | PALTAC Corp. | 8400 | 247737 |
|  | Pan Pacific <br> International <br> Holdings Corp.<br>| 168500 | 1002340 |
|  | Panasonic Holdings <br> Corp.<br>| 221200 | 2570173 |
|  | Paraca, Inc. | 2700 | 34653 |
|  | Paramount Bed <br> Holdings Co. Ltd.<br>| 10800 | 247329 |
| # | Park24 Co. Ltd. | 35500 | 414878 |
|  | Pasona Group, Inc. | 9600 | 118710 |
|  | Pegasus Co. Ltd. | 6000 | 32057 |
|  | Penta-Ocean <br> Construction Co. <br> Ltd.<br>| 101300 | 927401 |
| # | People Dreams & <br> Technologies Group <br> Co. Ltd.<br>| 3400 | 35368 |
| \* | PeptiDream, Inc. | 7000 | 70875 |
|  | Persol Holdings Co. <br> Ltd.<br>| 433000 | 718289 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Pharma Foods <br> International Co. <br> Ltd.<br>| 8300 | $42829 |
|  | PHC Holdings Corp. | 10500 | 68635 |
| \* | PIA Corp. | 2300 | 44823 |
|  | Pickles Holdings Co. <br> Ltd.<br>| 4300 | 30656 |
| # | Pigeon Corp. | 26200 | 296363 |
|  | PILLAR Corp. | 7600 | 239335 |
|  | Pilot Corp. | 7600 | 229490 |
|  | Piolax, Inc. | 8500 | 94710 |
| #\* | PKSHA Technology, <br> Inc.<br>| 700 | 20260 |
| # | Plus Alpha Consulting <br> Co. Ltd.<br>| 8300 | 127240 |
|  | Pole To Win Holdings, <br> Inc.<br>| 10000 | 21431 |
| # | Port, Inc. | 3300 | 41899 |
|  | PR Times Corp. | 2500 | 48255 |
|  | Premium Group Co. <br> Ltd.<br>| 13600 | 174104 |
|  | Premium Water <br> Holdings, Inc.<br>| 1800 | 38674 |
|  | Press Kogyo Co. Ltd. | 25900 | 109767 |
|  | Prestige International, <br> Inc.<br>| 29600 | 127117 |
|  | Prima Meat Packers <br> Ltd.<br>| 9000 | 144576 |
|  | Procrea Holdings, <br> Inc.<br>| 7401 | 83119 |
|  | Pronexus, Inc. | 4200 | 29774 |
|  | Pro-Ship, Inc. | 5400 | 52257 |
|  | PS Construction Co. <br> Ltd.<br>| 5040 | 59110 |
|  | QB Net Holdings Co. <br> Ltd.<br>| 3700 | 32569 |
|  | Qol Holdings Co. Ltd. | 7700 | 97084 |
|  | Quick Co. Ltd. | 4000 | 60994 |
| # | Raccoon Holdings, <br> Inc.<br>| 6000 | 25938 |
|  | Raito Kogyo Co. Ltd. | 16600 | 347402 |
|  | Raiznext Corp. | 13300 | 165247 |
|  | Raksul, Inc. | 14600 | 100239 |
|  | Rakus Co. Ltd. | 65800 | 531190 |
| \* | Rakuten Bank Ltd. | 14800 | 812333 |
| \* | Rakuten Group, Inc. | 37800 | 247295 |
|  | Rasa Corp. | 4400 | 47117 |
|  | Rasa Industries Ltd. | 2900 | 94486 |
|  | Recruit Holdings Co. <br> Ltd.<br>| 98000 | 4859617 |
|  | Relo Group, Inc. | 26100 | 280963 |
| # | Renaissance, Inc. | 3700 | 25219 |
|  | Renesas Electronics <br> Corp.<br>| 120400 | 1486888 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Rengo Co. Ltd. | 71900 | $437902 |
| \* | RENOVA, Inc. | 13800 | 73940 |
|  | Resol Holdings Co. <br> Ltd.<br>| 500 | 17474 |
|  | Resona Holdings, Inc. | 111650 | 1076423 |
|  | Resonac Holdings <br> Corp.<br>| 65500 | 2551862 |
|  | Resorttrust, Inc. | 67000 | 789541 |
|  | Restar Corp. | 5100 | 85322 |
|  | Retail Partners Co. <br> Ltd.<br>| 8300 | 69338 |
|  | Rheon Automatic <br> Machinery Co. Ltd.<br>| 6000 | 56274 |
|  | Rhythm Co. Ltd. | 2400 | 52200 |
|  | Ricoh Co. Ltd. | 89200 | 765227 |
|  | Ricoh Leasing Co. <br> Ltd.<br>| 6700 | 246058 |
|  | Riken Keiki Co. Ltd. | 6800 | 154877 |
|  | Riken Technos Corp. | 14600 | 132339 |
|  | Riken Vitamin Co. <br> Ltd.<br>| 4400 | 79878 |
| # | Ringer Hut Co. Ltd. | 4300 | 62015 |
|  | Rinnai Corp. | 25100 | 568908 |
|  | Rion Co. Ltd. | 2700 | 43762 |
|  | Riso Kagaku Corp. | 2800 | 21225 |
| # | Riso Kyoiku Group <br> Corp.<br>| 14136 | 18053 |
|  | Rohm Co. Ltd. | 73600 | 1178606 |
|  | Rohto Pharmaceutical <br> Co. Ltd.<br>| 37400 | 580077 |
| # | Rokko Butter Co. Ltd. | 5300 | 40351 |
|  | Roland Corp. | 5000 | 105923 |
|  | Rorze Corp. | 32000 | 445612 |
|  | Round One Corp. | 70700 | 507640 |
| # | Royal Holdings Co. <br> Ltd.<br>| 11700 | 194309 |
|  | RS Technologies Co. <br> Ltd.<br>| 2100 | 52352 |
|  | Ryobi Ltd. | 7500 | 133890 |
|  | RYODEN Corp. | 6400 | 132594 |
|  | Ryohin Keikaku Co. <br> Ltd.<br>| 84600 | 1740168 |
|  | Ryoyo Ryosan <br> Holdings, Inc.<br>| 7816 | 150608 |
|  | S Foods, Inc. | 6900 | 111988 |
|  | S&B Foods, Inc. | 5400 | 116672 |
| # | Sac's Bar Holdings, <br> Inc.<br>| 5800 | 29463 |
|  | Saibu Gas Holdings <br> Co. Ltd.<br>| 5400 | 64736 |
|  | Saizeriya Co. Ltd. | 9200 | 300822 |
|  | Sakai Chemical <br> Industry Co. Ltd.<br>| 5400 | 99641 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Sakai Heavy <br> Industries Ltd.<br>| 2800 | $37279 |
|  | Sakai Moving Service <br> Co. Ltd.<br>| 5120 | 93607 |
|  | Sakata INX Corp. | 16000 | 236188 |
|  | Sakata Seed Corp. | 8900 | 228046 |
|  | Sala Corp. | 18339 | 124956 |
|  | San Holdings, Inc. | 8000 | 77953 |
|  | San ju San Financial <br> Group, Inc.<br>| 7790 | 184247 |
|  | San-A Co. Ltd. | 9800 | 170468 |
|  | San-Ai Obbli Co. Ltd. | 26600 | 352315 |
|  | Sangetsu Corp. | 14900 | 291352 |
|  | San-In Godo Bank <br> Ltd.<br>| 51000 | 448426 |
| \* | Sanken Electric Co. <br> Ltd.<br>| 7800 | 374897 |
|  | Sanki Engineering Co. <br> Ltd.<br>| 15700 | 539546 |
|  | Sanko Gosei Ltd. | 6000 | 32752 |
|  | Sanko Metal Industrial <br> Co. Ltd.<br>| 7000 | 61632 |
|  | Sankyo Co. Ltd. | 53500 | 928083 |
|  | Sankyo Frontier Co. <br> Ltd.<br>| 2000 | 26026 |
| # | Sankyo Seiko Co. <br> Ltd.<br>| 9600 | 41963 |
|  | Sankyo Tateyama, <br> Inc.<br>| 10700 | 41744 |
|  | Sankyu, Inc. | 19500 | 995672 |
|  | Sanoh Industrial Co. <br> Ltd.<br>| 10000 | 59493 |
|  | Sanrio Co. Ltd. | 23900 | 1106053 |
|  | Sansei Technologies, <br> Inc.<br>| 2300 | 33785 |
|  | Sanshin Electronics <br> Co. Ltd.<br>| 2900 | 54981 |
| # | Santec Holdings <br> Corp.<br>| 1600 | 94460 |
|  | Santen <br> Pharmaceutical Co. <br> Ltd.<br>| 80300 | 786761 |
|  | Sanwa Holdings <br> Corp.<br>| 31600 | 861786 |
|  | Sanyo Chemical <br> Industries Ltd.<br>| 4400 | 119719 |
|  | Sanyo Denki Co. Ltd. | 12000 | 306852 |
|  | Sanyo Electric <br> Railway Co. Ltd.<br>| 4200 | 54583 |
|  | Sanyo Shokai Ltd. | 3400 | 70145 |
|  | Sanyo Trading Co. <br> Ltd.<br>| 8758 | 90150 |
|  | Sapporo Holdings <br> Ltd.<br>| 8600 | 413285 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Sata Construction Co. <br> Ltd.<br>| 4100 | $28758 |
|  | Sato Corp. | 8135 | 115465 |
|  | Sato Shoji Corp. | 5200 | 72558 |
| # | Satori Electric Co. <br> Ltd.<br>| 3600 | 44794 |
|  | Sawai Group Holdings <br> Co. Ltd.<br>| 29400 | 351102 |
|  | SAXA, Inc. | 2100 | 73292 |
| #\* | SBI ARUHI Corp. | 7200 | 37300 |
| # | SBI Global Asset <br> Management Co. <br> Ltd.<br>| 5900 | 22688 |
|  | SBI Holdings, Inc. | 34200 | 1528296 |
| # | SBS Holdings, Inc. | 5900 | 129751 |
| # | SCREEN Holdings <br> Co. Ltd.<br>| 13600 | 1289248 |
|  | Scroll Corp. | 13800 | 98087 |
|  | SCSK Corp. | 19400 | 712884 |
|  | SEC Carbon Ltd. | 3600 | 49837 |
|  | Secom Co. Ltd. | 17000 | 574682 |
|  | Seed Co. Ltd. | 3100 | 11423 |
|  | Sega Sammy <br> Holdings, Inc.<br>| 18000 | 333067 |
|  | Segue Group Co. Ltd. | 2500 | 10415 |
|  | Seibu Holdings, Inc. | 27000 | 948997 |
|  | Seika Corp. | 11100 | 165494 |
|  | Seikagaku Corp. | 14400 | 61346 |
|  | Seikitokyu Kogyo Co. <br> Ltd.<br>| 7000 | 67346 |
|  | Seiko Epson Corp. | 80674 | 1022189 |
|  | Seiko Group Corp. | 11400 | 523532 |
|  | Seino Holdings Co. <br> Ltd.<br>| 34400 | 486139 |
|  | Seiren Co. Ltd. | 12700 | 260074 |
|  | Sekisui Chemical Co. <br> Ltd.<br>| 64100 | 1110487 |
|  | Sekisui House Ltd. | 58300 | 1250842 |
|  | Sekisui Jushi Corp. | 9000 | 120342 |
|  | Sekisui Kasei Co. <br> Ltd.<br>| 9100 | 20884 |
|  | SEMITEC Corp. | 1600 | 24579 |
|  | Senko Group Holdings <br> Co. Ltd.<br>| 53800 | 702206 |
|  | Senshu Electric Co. <br> Ltd.<br>| 3200 | 93732 |
|  | Senshu Ikeda <br> Holdings, Inc.<br>| 83500 | 360415 |
| \* | Senshukai Co. Ltd. | 11500 | 16924 |
|  | Septeni Holdings Co. <br> Ltd.<br>| 10000 | 26557 |
|  | Seria Co. Ltd. | 12100 | 230407 |
|  | Seven & i Holdings <br> Co. Ltd.<br>| 355800 | 4525703 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Seven Bank Ltd. | 182200 | $334702 |
|  | SFP Holdings Co. <br> Ltd.<br>| 1700 | 22282 |
|  | SG Holdings Co. Ltd. | 32900 | 302371 |
|  | Sharingtechnology, <br> Inc.<br>| 8000 | 48451 |
| \* | Sharp Corp. | 40354 | 224011 |
|  | Shibaura Machine Co. <br> Ltd.<br>| 8700 | 241591 |
|  | Shibaura <br> Mechatronics Corp.<br>| 3900 | 459376 |
|  | Shibusawa Logistics <br> Corp.<br>| 16800 | 120603 |
|  | Shibuya Corp. | 6000 | 133111 |
| \* | SHIFT, Inc. | 46500 | 320528 |
|  | Shiga Bank Ltd. | 14500 | 585717 |
|  | Shikibo Ltd. | 4500 | 29288 |
|  | Shikoku Bank Ltd. | 12700 | 119856 |
|  | Shikoku Electric <br> Power Co., Inc.<br>| 31400 | 280351 |
|  | Shikoku Kasei <br> Holdings Corp.<br>| 11500 | 204717 |
|  | Shima Seiki <br> Manufacturing Ltd.<br>| 4100 | 26370 |
|  | Shimadaya Corp. | 1800 | 20587 |
|  | Shimadzu Corp. | 22400 | 602234 |
|  | Shimamura Co. Ltd. | 11200 | 722060 |
|  | Shimano, Inc. | 5474 | 573488 |
|  | Shimizu Bank Ltd. | 4300 | 56173 |
|  | Shimizu Corp. | 59200 | 794651 |
|  | Shimojima Co. Ltd. | 4300 | 35988 |
|  | Shin Nippon Air <br> Technologies Co. <br> Ltd.<br>| 5800 | 115824 |
|  | Shin Nippon <br> Biomedical <br> Laboratories Ltd.<br>| 2600 | 24593 |
|  | Shinagawa Refra Co. <br> Ltd.<br>| 13500 | 161803 |
|  | Shindengen Electric <br> Manufacturing Co. <br> Ltd.<br>| 3400 | 77213 |
|  | Shin-Etsu Chemical <br> Co. Ltd.<br>| 93800 | 2819527 |
|  | Shin-Etsu Polymer <br> Co. Ltd.<br>| 18100 | 226666 |
| # | Shinki Bus Co. Ltd. | 1000 | 12254 |
|  | Shinko Shoji Co. Ltd. | 11400 | 75282 |
|  | Shinmaywa Industries <br> Ltd.<br>| 20300 | 264001 |
|  | Shinnihon Corp. | 13500 | 155159 |
|  | Shinnihonseiyaku Co. <br> Ltd.<br>| 3100 | 43448 |
|  | Shinsho Corp. | 6600 | 99445 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Shinwa Co. Ltd. (3447 <br> JP)<br>| 2800 | $15085 |
|  | Shinwa Co. Ltd. (7607 <br> JP)<br>| 2500 | 49821 |
|  | Shionogi & Co. Ltd. | 92100 | 1544756 |
|  | Ship Healthcare <br> Holdings, Inc.<br>| 28600 | 427840 |
|  | Shiseido Co. Ltd. | 35600 | 599641 |
|  | Shizuoka Financial <br> Group, Inc.<br>| 75000 | 1010071 |
|  | Shizuoka Gas Co. <br> Ltd.<br>| 14000 | 102376 |
|  | SHO-BOND Holdings <br> Co. Ltd.<br>| 9900 | 314142 |
|  | Shoei Co. Ltd. | 17600 | 186950 |
| # | Shoei Foods Corp. | 2200 | 56237 |
|  | Showa Sangyo Co. <br> Ltd.<br>| 6200 | 118349 |
|  | SIGMAXYZ Holdings, <br> Inc.<br>| 24000 | 136100 |
|  | Siix Corp. | 11500 | 103140 |
| \* | Simplex Holdings, <br> Inc.<br>| 10000 | 278837 |
|  | Sinanen Holdings Co. <br> Ltd.<br>| 1600 | 64073 |
|  | Sinfonia Technology <br> Co. Ltd.<br>| 8800 | 605678 |
|  | Sinko Industries Ltd. | 17400 | 145372 |
|  | Sintokogio Ltd. | 12700 | 85050 |
|  | SK Kaken Co. Ltd. | 2000 | 117659 |
| # | SK-Electronics Co. <br> Ltd.<br>| 2900 | 55966 |
|  | SKY Perfect JSAT <br> Holdings, Inc.<br>| 61300 | 603190 |
|  | Skylark Holdings Co. <br> Ltd.<br>| 60800 | 1099720 |
|  | Skymark Airlines, Inc. | 4600 | 13388 |
| # | Smaregi, Inc. | 2900 | 53476 |
|  | SMC Corp. | 4100 | 1403522 |
|  | SMK Corp. | 1799 | 26437 |
|  | SMS Co. Ltd. | 18600 | 160315 |
|  | Socionext, Inc. | 49300 | 1109474 |
|  | Soda Nikka Co. Ltd. | 8400 | 54397 |
|  | Sodick Co. Ltd. | 16900 | 106857 |
|  | SoftBank Corp. | 1669000 | 2371646 |
|  | SoftBank Group <br> Corp.<br>| 127044 | 22292223 |
|  | Softcreate Holdings <br> Corp.<br>| 6400 | 88536 |
|  | Software Service, Inc. | 900 | 80005 |
|  | Sojitz Corp. | 42540 | 1128605 |
|  | Soken Chemical & <br> Engineering Co. <br> Ltd.<br>| 6000 | 92788 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Solasto Corp. | 14200 | $46401 |
|  | Soliton Systems KK | 3100 | 34466 |
|  | Sompo Holdings, Inc. | 103500 | 3154210 |
| \* | Sony Financial Group, <br> Inc.<br>| 538000 | 542503 |
| \* | Sony Financial Group, <br> Inc., ADR<br>| 9299 | 46216 |
|  | Sony Group Corp. <br> (6758 JP)<br>| 538000 | 14983074 |
| # | Sony Group Corp. <br> (SONY US), <br> Sponsored ADR<br>| 46500 | 1296885 |
|  | Sotetsu Holdings, Inc. | 15000 | 251449 |
|  | Space Co. Ltd. | 5050 | 44761 |
|  | Sparx Group Co. Ltd. | 7580 | 76462 |
|  | SPK Corp. | 3600 | 52218 |
| # | S-Pool, Inc. | 12800 | 23490 |
|  | Square Enix Holdings <br> Co. Ltd.<br>| 6900 | 133479 |
| # | SRA Holdings | 3800 | 123121 |
|  | SRE Holdings Corp. | 2900 | 53048 |
|  | SRS Holdings Co. <br> Ltd.<br>| 9600 | 71384 |
|  | ST Corp. | 3000 | 30516 |
|  | ST HD Co. Ltd. | 11700 | 197429 |
|  | St. Care Holding <br> Corp.<br>| 8200 | 44106 |
|  | Stanley Electric Co. <br> Ltd.<br>| 32500 | 638372 |
|  | Star Mica Holdings <br> Co. Ltd.<br>| 10200 | 75278 |
|  | Star Micronics Co. <br> Ltd.<br>| 6000 | 64663 |
|  | Startia Holdings, Inc. | 2700 | 48321 |
|  | Starts Corp., Inc. | 12500 | 388298 |
|  | Starzen Co. Ltd. | 17700 | 133182 |
|  | Stella Chemifa Corp. | 2900 | 76979 |
|  | Step Co. Ltd. | 2900 | 45633 |
|  | STI Foods Holdings, <br> Inc.<br>| 3300 | 27475 |
|  | Strike Co. Ltd. | 3200 | 78833 |
| # | Studio Alice Co. Ltd. | 3700 | 48749 |
|  | Subaru Corp. | 168116 | 3576352 |
|  | Subaru Enterprise Co. <br> Ltd.<br>| 3000 | 63912 |
|  | Sugi Holdings Co. <br> Ltd.<br>| 27800 | 600527 |
|  | Sugimoto & Co. Ltd. | 7600 | 89005 |
|  | SUMCO Corp. | 100000 | 1019082 |
|  | Sumida Corp. | 10500 | 76294 |
|  | Suminoe Co. Ltd. | 2400 | 18827 |
| # | Sumiseki Holdings, <br> Inc.<br>| 7800 | 28230 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Sumitomo Bakelite <br> Co. Ltd.<br>| 27800 | $924684 |
|  | Sumitomo Chemical <br> Co. Ltd.<br>| 306800 | 902398 |
|  | Sumitomo Corp. | 72900 | 2120730 |
|  | Sumitomo Densetsu <br> Co. Ltd.<br>| 5000 | 314646 |
|  | Sumitomo Electric <br> Industries Ltd.<br>| 117900 | 4298328 |
|  | Sumitomo Forestry <br> Co. Ltd.<br>| 141900 | 1476153 |
|  | Sumitomo Heavy <br> Industries Ltd.<br>| 32900 | 879633 |
|  | Sumitomo Metal <br> Mining Co. Ltd.<br>| 26200 | 857066 |
|  | Sumitomo Mitsui <br> Financial Group, <br> Inc. (8316 JP)<br>| 217800 | 5896671 |
|  | Sumitomo Mitsui Trust <br> Group, Inc.<br>| 45200 | 1241488 |
|  | Sumitomo Osaka <br> Cement Co. Ltd.<br>| 10200 | 254798 |
| \* | Sumitomo Pharma <br> Co. Ltd.<br>| 7100 | 77404 |
|  | Sumitomo Realty & <br> Development Co. <br> Ltd.<br>| 35500 | 1515743 |
|  | Sumitomo Riko Co. <br> Ltd.<br>| 14500 | 245379 |
|  | Sumitomo Rubber <br> Industries Ltd.<br>| 59228 | 693646 |
|  | Sumitomo Seika <br> Chemicals Co. Ltd.<br>| 3085 | 95557 |
|  | Sumitomo Warehouse <br> Co. Ltd.<br>| 24700 | 520969 |
|  | Sun Frontier <br> Fudousan Co. Ltd.<br>| 15900 | 235538 |
|  | Sundrug Co. Ltd. | 19600 | 529008 |
| # | Suntory Beverage & <br> Food Ltd.<br>| 14200 | 429829 |
| # | Sun-Wa Technos <br> Corp.<br>| 4300 | 74682 |
|  | Suruga Bank Ltd. | 34500 | 345349 |
|  | Suzuden Corp. | 1000 | 10864 |
|  | Suzuken Co. Ltd. | 17070 | 648260 |
|  | Suzuki Co. Ltd. | 6500 | 90837 |
|  | Suzuki Motor Corp. | 184000 | 2746912 |
|  | SWCC Corp. | 14200 | 689918 |
|  | Synchro Food Co. <br> Ltd.<br>| 3200 | 12971 |
|  | Sysmex Corp. | 51000 | 568526 |
|  | System Research Co. <br> Ltd.<br>| 5300 | 69851 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | System Support <br> Holdings, Inc.<br>| 2300 | $45362 |
|  | Systems Engineering <br> Consultants Co. <br> Ltd.<br>| 1400 | 23447 |
|  | Systena Corp. | 103500 | 356181 |
|  | Syuppin Co. Ltd. | 8000 | 65966 |
|  | T Hasegawa Co. Ltd. | 9500 | 166445 |
|  | T RAD Co. Ltd. | 2200 | 99533 |
|  | T&D Holdings, Inc. | 61900 | 1329335 |
|  | Tachibana Eletech Co. <br> Ltd.<br>| 6280 | 115364 |
|  | Tachikawa Corp. | 4700 | 57660 |
|  | Tachi-S Co. Ltd. | 9900 | 125493 |
|  | Tadano Ltd. | 30600 | 212524 |
|  | Taihei Dengyo Kaisha <br> Ltd.<br>| 11400 | 159846 |
|  | Taiheiyo Cement <br> Corp.<br>| 33909 | 920002 |
|  | Taiho Kogyo Co. Ltd. | 4900 | 21738 |
|  | Taikisha Ltd. | 11200 | 221736 |
|  | Taiko Bank Ltd. | 3600 | 40734 |
|  | Taisei Corp. | 6800 | 494777 |
|  | Taisei Lamick Group <br> Head Quarter & <br> Innovation Co. Ltd.<br>| 2700 | 46183 |
|  | Taisei Oncho Co. Ltd. | 1100 | 29822 |
|  | Taiyo Holdings Co. <br> Ltd.<br>| 13400 | 716812 |
|  | Taiyo Yuden Co. Ltd. | 38900 | 1104830 |
|  | Takamatsu <br> Construction Group <br> Co. Ltd.<br>| 5500 | 120711 |
|  | Takamiya Co. Ltd. | 13500 | 36379 |
|  | Takaoka Toko Co. <br> Ltd.<br>| 4200 | 93536 |
|  | Takara & Co. Ltd. | 2400 | 63315 |
|  | Takara Bio, Inc. | 11501 | 68777 |
|  | Takara Holdings, Inc. | 44800 | 456299 |
|  | Takara Standard Co. <br> Ltd.<br>| 14900 | 240656 |
|  | Takasago International <br> Corp.<br>| 25500 | 249213 |
|  | Takasago Thermal <br> Engineering Co. <br> Ltd.<br>| 16400 | 486656 |
| # | Takashima & Co. Ltd. | 13600 | 72268 |
|  | Takashimaya Co. Ltd. | 87200 | 932722 |
|  | Take & Give Needs <br> Co. Ltd.<br>| 2200 | 11739 |
| # | TAKEBISHI Corp. | 3200 | 42426 |
|  | Takeda <br> Pharmaceutical Co. <br> Ltd. (4502 JP)<br>| 134453 | 3628549 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Takeuchi <br> Manufacturing Co. <br> Ltd.<br>| 13000 | $535959 |
| # | Taki Chemical Co. <br> Ltd.<br>| 1600 | 37428 |
| # | Tama Home Co. Ltd. | 4400 | 103105 |
|  | Tamron Co. Ltd. | 44000 | 312468 |
|  | Tamura Corp. | 28300 | 96991 |
|  | Tanabe Engineering <br> Corp.<br>| 1500 | 22993 |
|  | Tauns Laboratories, <br> Inc.<br>| 7600 | 27349 |
|  | Tayca Corp. | 6000 | 51133 |
| # | Tazmo Co. Ltd. | 2700 | 41586 |
|  | TBS Holdings, Inc. | 6300 | 217524 |
|  | TDC Soft, Inc. | 8400 | 73433 |
|  | TDK Corp. (6762 JP) | 216999 | 3791451 |
|  | TechMatrix Corp. | 14000 | 198000 |
| # | Techno Medica Co. <br> Ltd.<br>| 2700 | 32880 |
|  | Techno Ryowa Ltd. | 1900 | 69743 |
|  | Techno Smart Corp. | 800 | 10795 |
|  | Teijin Ltd. | 47063 | 411732 |
|  | Teikoku Electric <br> Manufacturing Co. <br> Ltd.<br>| 4300 | 86103 |
| # | Teikoku Sen-I Co. <br> Ltd.<br>| 4500 | 100145 |
|  | Teikoku Tsushin <br> Kogyo Co. Ltd.<br>| 3200 | 51281 |
|  | Tekken Corp. | 3800 | 90770 |
| # | Temairazu, Inc. | 1200 | 25025 |
| # | Tenpos Holdings Co. <br> Ltd.<br>| 500 | 11230 |
|  | Tera Probe, Inc. | 1200 | 45523 |
|  | Terasaki Electric Co. <br> Ltd.<br>| 1100 | 34410 |
|  | Terumo Corp. | 22500 | 363171 |
| # | Tess Holdings Co. <br> Ltd.<br>| 14200 | 32056 |
|  | THK Co. Ltd. | 26000 | 692315 |
|  | Tigers Polymer Corp. | 3500 | 21959 |
|  | TIS, Inc. | 39600 | 1364253 |
|  | TKC Corp. | 5900 | 154370 |
|  | Toa Corp. (1885 JP) | 27600 | 422751 |
|  | Toa Corp. (6809 JP) | 8800 | 72094 |
|  | TOA ROAD Corp. | 11500 | 115813 |
|  | Toagosei Co. Ltd. | 44700 | 443417 |
|  | TOBISHIMA <br> HOLDINGS, Inc.<br>| 6890 | 94100 |
|  | Tobu Railway Co. Ltd. | 22700 | 366105 |
|  | TOC Co. Ltd. | 9100 | 48076 |
|  | Tocalo Co. Ltd. | 26300 | 385449 |
|  | Tochigi Bank Ltd. | 36200 | 129061 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Toda Corp. | 76500 | $515362 |
|  | Toei Animation Co. <br> Ltd.<br>| 9400 | 176175 |
|  | Toei Co. Ltd. | 5400 | 191963 |
|  | Toell Co. Ltd. | 2100 | 10922 |
|  | Toenec Corp. | 18500 | 200778 |
|  | Toho Bank Ltd. | 57700 | 170759 |
|  | Toho Co. Ltd. (8142 <br> JP)<br>| 2400 | 51609 |
|  | Toho Co. Ltd. (9602 <br> JP)<br>| 4800 | 281361 |
|  | Toho Gas Co. Ltd. | 13600 | 406096 |
|  | Toho Holdings Co. <br> Ltd.<br>| 17200 | 551584 |
|  | Toho Titanium Co. <br> Ltd.<br>| 11900 | 121965 |
|  | Tohoku Bank Ltd. | 4300 | 36901 |
|  | Tohoku Electric Power <br> Co., Inc.<br>| 60900 | 416691 |
| # | Tohokushinsha Film <br> Corp.<br>| 14100 | 55204 |
|  | Tokai Carbon Co. Ltd. | 64500 | 432073 |
|  | Tokai Corp. | 6700 | 92816 |
|  | TOKAI Holdings <br> Corp.<br>| 31091 | 205836 |
|  | Tokai Rika Co. Ltd. | 15618 | 280568 |
|  | Tokai Tokyo Financial <br> Holdings, Inc.<br>| 66500 | 246407 |
|  | Token Corp. | 2200 | 201822 |
|  | Tokio Marine <br> Holdings, Inc. (8766 <br> JP)<br>| 147300 | 5493284 |
|  | Tokushu Tokai Paper <br> Co. Ltd.<br>| 9000 | 86596 |
|  | Tokuyama Corp. | 24877 | 617608 |
|  | Tokyo Century Corp. | 56800 | 670345 |
| \* | Tokyo Electric Power <br> Co. Holdings, Inc.<br>| 155900 | 779104 |
|  | Tokyo Electron Device <br> Ltd.<br>| 9000 | 175842 |
|  | Tokyo Electron Ltd. | 30000 | 6614106 |
|  | Tokyo Energy & <br> Systems, Inc.<br>| 8800 | 101441 |
|  | Tokyo Gas Co. Ltd. | 30800 | 1080901 |
|  | Tokyo Individualized <br> Educational <br> Institute, Inc.<br>| 5100 | 14721 |
|  | Tokyo Kiraboshi <br> Financial Group, <br> Inc.<br>| 10800 | 514240 |
|  | Tokyo Ohka Kogyo <br> Co. Ltd.<br>| 20100 | 733520 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Tokyo Rope <br> Manufacturing Co. <br> Ltd.<br>| 3500 | $32768 |
|  | Tokyo Sangyo Co. <br> Ltd.<br>| 7700 | 46586 |
|  | Tokyo Seimitsu Co. <br> Ltd.<br>| 13300 | 914953 |
|  | Tokyo Steel <br> Manufacturing Co. <br> Ltd.<br>| 16900 | 149120 |
|  | Tokyo Tatemono Co. <br> Ltd.<br>| 63500 | 1185560 |
|  | Tokyo Tekko Co. Ltd. | 4000 | 146177 |
|  | Tokyotokeiba Co. Ltd. | 6100 | 218729 |
|  | Tokyu Construction <br> Co. Ltd.<br>| 22500 | 153029 |
|  | Tokyu Corp. | 32700 | 363886 |
|  | Tokyu Fudosan <br> Holdings Corp.<br>| 178000 | 1434446 |
|  | Toli Corp. | 17400 | 70392 |
|  | Tomato Bank Ltd. | 3000 | 26863 |
|  | Tomen Devices Corp. | 1300 | 79430 |
| # | Tomoe Corp. | 9200 | 108051 |
| # | Tomoe Engineering <br> Co. Ltd.<br>| 7800 | 80197 |
|  | Tomoku Co. Ltd. | 4500 | 96111 |
|  | TOMONY Holdings, <br> Inc.<br>| 67654 | 299807 |
|  | Tomy Co. Ltd. | 24921 | 512668 |
|  | TOPPAN Holdings, <br> Inc.<br>| 24220 | 592369 |
|  | Topre Corp. | 11900 | 172501 |
|  | Topy Industries Ltd. | 4700 | 86779 |
|  | Toray Industries, Inc. | 172200 | 1054282 |
| # | Torex Semiconductor <br> Ltd.<br>| 3700 | 38132 |
|  | Toridoll Holdings <br> Corp.<br>| 14600 | 422878 |
|  | Torigoe Co. Ltd. | 6600 | 47366 |
|  | Torishima Pump <br> Manufacturing Co. <br> Ltd.<br>| 8500 | 115251 |
|  | Tosei Corp. | 11100 | 236162 |
|  | Toshiba TEC Corp. | 9600 | 193770 |
|  | Tosho Co. Ltd. | 5000 | 25537 |
|  | Tosoh Corp. | 84300 | 1201911 |
|  | Totech Corp. | 6200 | 128025 |
|  | Totetsu Kogyo Co. <br> Ltd.<br>| 6700 | 183889 |
| # | TOTO Ltd. | 32199 | 816715 |
| # | Tottori Bank Ltd. | 4100 | 35760 |
|  | Toukei Computer Co. <br> Ltd.<br>| 1000 | 24858 |
|  | Tow Co. Ltd. | 15200 | 36515 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Towa Bank Ltd. | 12100 | $72878 |
|  | Towa Pharmaceutical <br> Co. Ltd.<br>| 10260 | 188881 |
|  | Toyo Corp. | 9100 | 98207 |
| # | Toyo Gosei Co. Ltd. | 1700 | 77272 |
| # | Toyo Innovex Co. Ltd. | 6400 | 27508 |
|  | Toyo Kanetsu KK | 3400 | 99460 |
|  | Toyo Securities Co. <br> Ltd.<br>| 15900 | 56756 |
|  | Toyo Seikan Group <br> Holdings Ltd.<br>| 34000 | 763308 |
|  | Toyo Suisan Kaisha <br> Ltd.<br>| 7600 | 550885 |
| # | Toyo Tanso Co. Ltd. | 4900 | 146596 |
| # | Toyo Tire Corp. | 43100 | 1177925 |
|  | Toyobo Co. Ltd. | 25700 | 190766 |
|  | Toyoda Gosei Co. <br> Ltd.<br>| 22500 | 520757 |
|  | Toyota Boshoku <br> Corp.<br>| 25700 | 390770 |
|  | Toyota Industries <br> Corp.<br>| 8100 | 880487 |
|  | Toyota Motor Corp. <br> (7203 JP)<br>| 854715 | 17425181 |
|  | Toyota Tsusho Corp. | 111000 | 3392851 |
|  | TPR Co. Ltd. | 14400 | 113089 |
|  | Traders Holdings Co. <br> Ltd.<br>| 4960 | 28780 |
|  | Transaction Co. Ltd. | 9800 | 65028 |
|  | Transcosmos, Inc. | 6500 | 154034 |
|  | TRE Holdings Corp. | 17352 | 173875 |
|  | Treasure Factory Co. <br> Ltd.<br>| 5100 | 55282 |
|  | Trend Micro, Inc. <br> (4704 JP)<br>| 17100 | 872655 |
| # | Tri Chemical <br> Laboratories, Inc.<br>| 2800 | 54046 |
| # | Trial Holdings, Inc. | 6900 | 92048 |
|  | Trusco Nakayama <br> Corp.<br>| 14200 | 223886 |
|  | TS Tech Co. Ltd. | 26114 | 309497 |
|  | TSI Holdings Co. Ltd. | 18400 | 114175 |
| # | Tsubaki Nakashima <br> Co. Ltd.<br>| 16100 | 40645 |
|  | Tsubakimoto Chain <br> Co.<br>| 31500 | 440878 |
|  | Tsubakimoto Kogyo <br> Co. Ltd.<br>| 5100 | 90193 |
|  | Tsuburaya Fields <br> Holdings, Inc.<br>| 10600 | 149045 |
|  | Tsugami Corp. | 15200 | 269407 |
|  | Tsukishima Holdings <br> Co. Ltd.<br>| 11200 | 185280 |
|  | Tsukuba Bank Ltd. | 27700 | 56629 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Tsumura & Co. | 19000 | $440735 |
|  | Tsuruha Holdings, <br> Inc.<br>| 52500 | 911544 |
|  | Tsurumi Manufacturing <br> Co. Ltd.<br>| 8800 | 110897 |
|  | Tsutsumi Jewelry Co. <br> Ltd.<br>| 2700 | 39595 |
|  | Tsuzuki Denki Co. <br> Ltd.<br>| 1500 | 30722 |
|  | TV Asahi Holdings <br> Corp.<br>| 8100 | 164830 |
|  | Tv Tokyo Holdings <br> Corp.<br>| 2500 | 75283 |
| # | TWOSTONE&Sons | 1500 | 7138 |
|  | TYK Corp. | 5300 | 18996 |
|  | UACJ Corp. | 54932 | 709329 |
|  | UBE Corp. | 25300 | 371936 |
|  | Uchida Yoko Co. Ltd. | 2500 | 168547 |
|  | Ukai Co. Ltd. | 500 | 11493 |
|  | ULS Group, Inc. | 7000 | 33645 |
|  | Ulvac, Inc. | 11300 | 512560 |
|  | U-Next Holdings Co. <br> Ltd.<br>| 20400 | 269261 |
|  | Unicharm Corp. | 111300 | 688633 |
|  | Unipres Corp. | 10323 | 80137 |
|  | United Arrows Ltd. | 8000 | 99918 |
|  | United Super Markets <br> Holdings, Inc.<br>| 22173 | 118374 |
| \* | Universal <br> Entertainment <br> Corp.<br>| 6800 | 38091 |
|  | Urbanet Corp. Co. <br> Ltd.<br>| 8600 | 31363 |
|  | User Local, Inc. | 2500 | 31771 |
|  | Ushio, Inc. | 32400 | 537183 |
|  | USS Co. Ltd. | 75900 | 837775 |
|  | UT Group Co. Ltd. | 10000 | 178073 |
|  | V Technology Co. <br> Ltd.<br>| 3500 | 78632 |
|  | Valor Holdings Co. <br> Ltd.<br>| 14201 | 259957 |
|  | Valqua Ltd. | 5600 | 140886 |
|  | Value HR Co. Ltd. | 6600 | 72355 |
|  | ValueCommerce Co. <br> Ltd.<br>| 5600 | 24423 |
|  | Vector, Inc. | 6200 | 46740 |
|  | Vertex Corp. | 23640 | 211539 |
|  | Vision, Inc. | 12000 | 95232 |
| \* | Visional, Inc. | 7100 | 492972 |
|  | Vital KSK Holdings, <br> Inc.<br>| 10978 | 88457 |
|  | VT Holdings Co. Ltd. | 28400 | 89647 |
|  | Wacoal Holdings <br> Corp.<br>| 10900 | 380096 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Wacom Co. Ltd. | 52300 | $283874 |
|  | Wakachiku <br> Construction Co. <br> Ltd.<br>| 2700 | 83984 |
|  | Wakita & Co. Ltd. | 15800 | 181818 |
|  | Warabeya Nichiyo <br> Holdings Co. Ltd.<br>| 3800 | 76833 |
| # | Waseda Academy Co. <br> Ltd.<br>| 2700 | 41657 |
|  | Watahan & Co. Ltd. | 5000 | 46404 |
| # | WATAMI Co. Ltd. | 4700 | 27573 |
| # | WDB Holdings Co. <br> Ltd.<br>| 2700 | 28270 |
|  | Weathernews, Inc. | 3000 | 78199 |
|  | Welcia Holdings Co. <br> Ltd.<br>| 22500 | 448714 |
|  | Wellneo Sugar Co. <br> Ltd.<br>| 2800 | 45790 |
|  | Wellnet Corp. | 7500 | 31689 |
|  | West Holdings Corp. | 9350 | 89429 |
|  | West Japan Railway <br> Co.<br>| 30200 | 620674 |
|  | Will Group, Inc. | 6900 | 45598 |
| \* | WingArc1st, Inc. | 5500 | 119807 |
|  | Workman Co. Ltd. | 2600 | 97794 |
|  | World Co. Ltd. | 9700 | 170210 |
|  | World Holdings Co. <br> Ltd.<br>| 2400 | 39011 |
|  | Wowow, Inc. | 2300 | 21685 |
| #\* | W-Scope Corp. | 8000 | 13089 |
| # | Xebio Holdings Co. <br> Ltd.<br>| 8500 | 60090 |
| # | YAC Holdings Co. <br> Ltd.<br>| 3400 | 19801 |
|  | Yahagi Construction <br> Co. Ltd.<br>| 6500 | 91957 |
| # | Yakult Honsha Co. <br> Ltd.<br>| 34300 | 513499 |
|  | YAKUODO Holdings <br> Co. Ltd.<br>| 4100 | 54048 |
|  | YAMABIKO Corp. | 14000 | 233899 |
|  | YAMADA Consulting <br> Group Co. Ltd.<br>| 4000 | 45612 |
|  | Yamada Holdings Co. <br> Ltd.<br>| 114428 | 343995 |
|  | Yamae Group <br> Holdings Co. Ltd.<br>| 5200 | 86327 |
|  | Yamagata Bank Ltd. | 6600 | 71815 |
|  | Yamaguchi Financial <br> Group, Inc.<br>| 47000 | 538472 |
|  | Yamaha Corp. | 74200 | 468237 |
|  | Yamaha Motor Co. <br> Ltd.<br>| 183000 | 1318471 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Yamaichi Electronics <br> Co. Ltd.<br>| 10400 | $308109 |
| # | Yamami Co. | 1200 | 31199 |
|  | Yamanashi Chuo <br> Bank Ltd.<br>| 8700 | 185268 |
|  | Yamatane Corp. | 7600 | 125725 |
|  | Yamato Corp. | 7100 | 99756 |
|  | Yamato Holdings Co. <br> Ltd.<br>| 46510 | 680018 |
|  | Yamato Kogyo Co. <br> Ltd.<br>| 10700 | 674437 |
|  | Yamau Holdings Co. <br> Ltd.<br>| 1100 | 17827 |
|  | Yamaura Corp. | 2400 | 22238 |
| # | Yamaya Corp. | 1800 | 27633 |
|  | Yamazaki Baking Co. <br> Ltd.<br>| 35500 | 697668 |
| # | Yamazen Corp. | 14200 | 131575 |
| # | Yashima Denki Co. <br> Ltd.<br>| 5500 | 92636 |
|  | Yaskawa Electric <br> Corp.<br>| 10300 | 282512 |
|  | Yasuda Logistics <br> Corp.<br>| 6700 | 94129 |
|  | Yellow Hat Ltd. | 25400 | 255770 |
|  | Yodoko Ltd. | 43500 | 366757 |
|  | Yokogawa Bridge <br> Holdings Corp.<br>| 11600 | 207064 |
|  | Yokogawa Electric <br> Corp.<br>| 29800 | 891451 |
|  | Yokohama Financial <br> Group, Inc.<br>| 154617 | 1123174 |
|  | Yokohama Rubber <br> Co. Ltd. <br>| 48300 | 1723779 |
| # | Yokorei Co. Ltd. | 13200 | 105003 |
|  | Yokowo Co. Ltd. | 8200 | 105022 |
| # | Yomeishu Seizo Co. <br> Ltd.<br>| 1700 | 45833 |
|  | Yondenko Corp. | 10200 | 92970 |
|  | Yonex Co. Ltd. | 22100 | 568424 |
| # | Yorozu Corp. | 7600 | 45149 |
| #\* | Yoshimura Food <br> Holdings KK<br>| 2900 | 12296 |
| # | Yoshinoya Holdings <br> Co. Ltd.<br>| 15000 | 296092 |
|  | Yossix Holdings Co. <br> Ltd.<br>| 1300 | 21336 |
|  | Yotai Refractories Co. <br> Ltd.<br>| 500 | 5765 |
|  | Yuasa Trading Co. <br> Ltd.<br>| 7100 | 230841 |
|  | Yukiguni Factory Co. <br> Ltd.<br>| 8900 | 59377 |
|  | Yurtec Corp. | 15000 | 241817 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| # | Yushin Co. | 4200 | $17559 |
|  | Yushiro, Inc. | 3700 | 50973 |
|  | Yutaka Giken Co. Ltd. | 1900 | 37319 |
|  | Zacros Corp. | 20800 | 142155 |
|  | Zaoh Co. Ltd. | 1500 | 23831 |
| # | Zenitaka Corp. | 1000 | 51341 |
|  | Zenkoku Hosho Co. <br> Ltd.<br>| 26000 | 534377 |
|  | Zenrin Co. Ltd. | 10800 | 72191 |
|  | Zensho Holdings Co. <br> Ltd.<br>| 14577 | 907652 |
|  | Zeon Corp. | 52000 | 533545 |
|  | ZERIA Pharmaceutical <br> Co. Ltd.<br>| 7500 | 97334 |
|  | ZIGExN Co. Ltd. | 15100 | 49881 |
|  | Zojirushi Corp. | 7600 | 81921 |
|  | ZOZO, Inc. | 67000 | 579182 |
|  | Zuiko Corp. | 5900 | 36712 |
| TOTAL JAPAN | TOTAL JAPAN |  | 702678179 |
| KUWAIT — (0.3%) | KUWAIT — (0.3%) | KUWAIT — (0.3%) | KUWAIT — (0.3%) |
|  | A'ayan Leasing & <br> Investment Co. <br> KSCP<br>| 212894 | 147355 |
| \* | Acico Industries Co. <br> KSC<br>| 78758 | 91948 |
|  | Agility Public <br> Warehousing Co. <br> KSC<br>| 341311 | 167627 |
|  | Al Ahli Bank of Kuwait <br> KSCP<br>| 287679 | 269778 |
| \* | Al Argan International <br> Real Estate Co. <br> KSCP<br>| 59335 | 27101 |
|  | Al-Eid Food KSC | 63719 | 44868 |
|  | Ali Alghanim Sons <br> Automotive Co. <br> KSCC<br>| 55081 | 193336 |
| \* | Alimtiaz Investment <br> Group KSC<br>| 325506 | 76794 |
| \*†† | Arabi Group Holding <br> KSC<br>| 11040 | 10401 |
|  | Arzan Financial Group <br> for Financing & <br> Investment KPSC<br>| 211790 | 271918 |
| \* | Asiya Capital <br> Investments Co. <br> KSCP<br>| 238493 | 45022 |
|  | Beyout Holding Co. <br> KPSC<br>| 38962 | 56021 |
|  | Boubyan Bank KSCP | 35670 | 83234 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
|  | Boubyan <br> Petrochemicals Co. <br> KSCP<br>| 137857 | $275839 |
|  | Boursa Kuwait <br> Securities Co. <br> KPSC<br>| 34953 | 458037 |
|  | Burgan Bank SAK | 207034 | 159614 |
|  | Combined Group <br> Contracting Co. <br> SAK<br>| 34732 | 119342 |
|  | Commercial Facilities <br> Co. SAKP<br>| 149075 | 128695 |
|  | Commercial Real <br> Estate Co. KSC<br>| 326642 | 226546 |
|  | Gulf Bank KSCP | 469155 | 536017 |
|  | Gulf Cables & <br> Electrical Industries <br> Group Co. KSCP<br>| 43638 | 319440 |
|  | Heavy Engineering & <br> Ship Building Co. <br> KSCP<br>| 33371 | 102896 |
|  | Humansoft Holding <br> Co. KSC<br>| 28369 | 228840 |
| \* | IFA Hotels & <br> Resorts-KPSC<br>| 13490 | 57491 |
|  | Integrated Holding Co. <br> KCSC<br>| 62758 | 110590 |
|  | Jazeera Airways Co. <br> KSCP<br>| 24495 | 117181 |
|  | JTC Logistics <br> Transportation & <br> Stevedoring Co. <br> KSCP<br>| 17152 | 25570 |
|  | KAMCO Investment <br> Co. KSC<br>| 57693 | 33643 |
|  | Kuwait Business Town <br> Real Estate Co. <br> KSCP<br>| 46181 | 16087 |
|  | Kuwait Cement Co. <br> KSC<br>| 128229 | 148379 |
|  | Kuwait Finance House <br> KSCP<br>| 657392 | 1721145 |
|  | Kuwait Financial <br> Centre SAK<br>| 121256 | 70107 |
|  | Kuwait International <br> Bank KSCP<br>| 406965 | 354819 |
|  | Kuwait Investment Co. <br> SAK<br>| 97197 | 79591 |
|  | Kuwait Portland <br> Cement Co. KSC<br>| 13161 | 30594 |
| \* | Kuwait Real Estate <br> Co. KSC<br>| 218046 | 301734 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
|  | Kuwait <br> Telecommunications <br> Co.<br>| 89948 | $174111 |
|  | Mabanee Co. KPSC | 101327 | 332770 |
|  | Mezzan Holding Co. <br> KSCC<br>| 44467 | 172839 |
|  | Mobile <br> Telecommunications <br> Co. KSCP<br>| 631416 | 1091221 |
| \* | Munshaat Real Estate <br> Projects Co. KSCP<br>| 42428 | 31493 |
|  | National Bank of <br> Kuwait SAKP<br>| 439901 | 1506549 |
| \* | National Consumer <br> Holding Co. SAK<br>| 117998 | 44933 |
|  | National Industries <br> Group Holding SAK<br>| 451968 | 428698 |
|  | National Investments <br> Co. KSCP<br>| 215412 | 238443 |
|  | Oula Fuel Marketing <br> Co.<br>| 67634 | 67132 |
| \* | Privatization Holding <br> Co. KSCP<br>| 218356 | 60916 |
| \* | Real Estate Trade <br> Centers Co. KSC<br>| 6348 | 13811 |
|  | Salhia Real Estate <br> Co. KSCP<br>| 100574 | 137365 |
| \* | Securities House <br> KSC<br>| 134324 | 39971 |
|  | Shamal Az-Zour <br> Al-Oula for the First <br> Phase of Az-Zour <br> Power Plant KSC<br>| 133500 | 73529 |
|  | Specialities Group <br> Holding Co. KSCC<br>| 21540 | 12419 |
| \* | Warba Bank KSCP | 757380 | 715727 |
| TOTAL KUWAIT | TOTAL KUWAIT |  | 12249527 |
| MALAYSIA — (0.4%) | MALAYSIA — (0.4%) | MALAYSIA — (0.4%) | MALAYSIA — (0.4%) |
|  | 7-Eleven Malaysia <br> Holdings Bhd., <br> Class B<br>| 134004 | 64004 |
|  | Able Global Bhd. | 36500 | 14543 |
| # | Aeon Co. M Bhd. | 145400 | 43720 |
| # | AEON Credit Service <br> M Bhd.<br>| 60198 | 75619 |
| #\* | AFFIN Bank Bhd. | 217675 | 119044 |
|  | Ajinomoto Malaysia <br> Bhd.<br>| 5800 | 18574 |
|  | Alliance Bank <br> Malaysia Bhd.<br>| 289494 | 303786 |
|  | Allianz Malaysia Bhd. | 18500 | 79329 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | AME Elite Consortium <br> Bhd.<br>| 96100 | $35535 |
|  | AMMB Holdings Bhd. <br> (AMM MK)<br>| 388600 | 528582 |
| # | Ancom Nylex Bhd. | 253661 | 56286 |
| \* | Astro Malaysia <br> Holdings Bhd.<br>| 608000 | 18877 |
| # | Aurelius Technologies <br> Bhd.<br>| 93900 | 22380 |
|  | Axiata Group Bhd. | 687190 | 412082 |
| # | Bank Islam Malaysia <br> Bhd.<br>| 199900 | 105015 |
|  | Batu Kawan Bhd. | 10900 | 49989 |
| \* | Berjaya Corp. Bhd. | 786982 | 54442 |
| \* | Berjaya Land Bhd. | 466800 | 30053 |
| \* | Bermaz Auto Bhd. | 272800 | 43601 |
| # | British American <br> Tobacco Malaysia <br> Bhd.<br>| 38700 | 42518 |
| \* | Bumi Armada Bhd. | 871200 | 68686 |
| # | Bursa Malaysia Bhd. | 181450 | 354905 |
| # | Cahya Mata Sarawak <br> Bhd.<br>| 110700 | 41966 |
| # | Carlsberg Brewery <br> Malaysia Bhd.<br>| 53000 | 209057 |
|  | CCK Consolidated <br> Holdings Bhd.<br>| 32400 | 9046 |
|  | CelcomDigi Bhd. | 164300 | 141243 |
|  | CIMB Group Holdings <br> Bhd.<br>| 762241 | 1326530 |
|  | Crescendo Corp. <br> Bhd.<br>| 22200 | 6568 |
| # | D&O Green <br> Technologies Bhd.<br>| 237300 | 70568 |
| #\* | Dagang NeXchange <br> Bhd.<br>| 672000 | 48802 |
| # | Dayang Enterprise <br> Holdings Bhd.<br>| 182300 | 64889 |
| # | Dialog Group Bhd. | 302100 | 141335 |
|  | DRB-Hicom Bhd. | 266700 | 80188 |
|  | Duopharma Biotech <br> Bhd.<br>| 68089 | 20311 |
|  | Dutch Lady Milk <br> Industries Bhd.<br>| 4500 | 28130 |
|  | DXN Holdings Bhd. | 30500 | 3787 |
| # | Eastern & Oriental <br> Bhd.<br>| 373500 | 71235 |
|  | Eco World <br> Development Group <br> Bhd.<br>| 290100 | 142534 |
|  | EG Industries Bhd. | 146500 | 47846 |
| \* | Ekovest Bhd. | 703100 | 56208 |
|  | Farm Fresh Bhd. | 238800 | 138575 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | Formosa Prosonic <br> Industries Bhd.<br>| 55700 | $19137 |
| # | Fraser & Neave <br> Holdings Bhd.<br>| 19800 | 133038 |
| # | Frontken Corp. Bhd. | 394750 | 425193 |
|  | Gamuda Bhd. | 117968 | 141681 |
|  | Gas Malaysia Bhd. | 81500 | 88266 |
|  | Genting Bhd. | 477700 | 385222 |
|  | Genting Malaysia <br> Bhd.<br>| 664200 | 369312 |
|  | Genting Plantations <br> Bhd.<br>| 75700 | 91712 |
| #\* | Greatech Technology <br> Bhd.<br>| 187600 | 92374 |
| # | Guan Chong Bhd. | 282533 | 60561 |
|  | HAP Seng <br> Consolidated Bhd.<br>| 92700 | 65753 |
|  | Hap Seng Plantations <br> Holdings Bhd.<br>| 48500 | 26186 |
|  | Hartalega Holdings <br> Bhd.<br>| 434100 | 125137 |
|  | Heineken Malaysia <br> Bhd.<br>| 36100 | 183623 |
|  | Hextar Global Bhd. | 342000 | 73875 |
|  | Hiap Teck Venture <br> Bhd.<br>| 410500 | 27887 |
| # | Hibiscus Petroleum <br> Bhd.<br>| 182000 | 62141 |
| # | Hong Leong Bank <br> Bhd.<br>| 22580 | 110803 |
|  | Hong Leong Financial <br> Group Bhd.<br>| 24978 | 100744 |
|  | Hong Leong Industries <br> Bhd.<br>| 19300 | 63311 |
|  | Hume Cement <br> Industries Bhd.<br>| 23800 | 19881 |
| # | Hup Seng Industries <br> Bhd.<br>| 73100 | 17978 |
|  | IHH Healthcare Bhd. | 60700 | 119513 |
| # | IJM Corp. Bhd. | 427700 | 252753 |
| # | Inari Amertron Bhd. | 144425 | 90021 |
| # | IOI Corp. Bhd. | 87900 | 84356 |
|  | IOI Properties Group <br> Bhd.<br>| 350425 | 175704 |
| # | ITMAX SYSTEM Bhd. | 90500 | 98096 |
|  | JAKS Resources <br> Bhd.<br>| 841400 | 21079 |
|  | Jaya Tiasa Holdings <br> Bhd.<br>| 174000 | 47768 |
|  | Keck Seng Malaysia <br> Bhd.<br>| 28200 | 37389 |
|  | Kelington Group Bhd. | 140000 | 183166 |
|  | Kenanga Investment <br> Bank Bhd.<br>| 38300 | 7762 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | Kerjaya Prospek <br> Group Bhd.<br>| 105989 | $70487 |
| # | Kim Loong Resources <br> Bhd.<br>| 78000 | 43190 |
|  | Kossan Rubber <br> Industries Bhd.<br>| 421600 | 119502 |
| # | KPJ Healthcare Bhd. | 282100 | 190958 |
|  | Kretam Holdings Bhd. | 69600 | 11469 |
| # | KSL Holdings Bhd. | 104655 | 74959 |
| # | Kuala Lumpur Kepong <br> Bhd.<br>| 43536 | 212929 |
| # | Lagenda Properties <br> Bhd.<br>| 99600 | 29951 |
|  | LBS Bina Group Bhd. | 202600 | 20542 |
|  | Leong Hup <br> International Bhd.<br>| 318300 | 49766 |
| \*Ω | Lotte Chemical Titan <br> Holding Bhd.<br>| 160100 | 20984 |
|  | LPI Capital Bhd. | 61640 | 211570 |
| # | Magni-Tech Industries <br> Bhd.<br>| 146900 | 74625 |
| # | Magnum Bhd. | 274315 | 91068 |
|  | Mah Sing Group Bhd. | 437775 | 108601 |
| # | Malakoff Corp. Bhd. | 364600 | 93961 |
|  | Malayan Banking <br> Bhd.<br>| 201297 | 474413 |
|  | Malayan Cement <br> Bhd.<br>| 16800 | 27520 |
| # | Malayan Flour Mills <br> Bhd.<br>| 308600 | 43487 |
|  | Malaysia Smelting <br> Corp. Bhd.<br>| 70800 | 23303 |
|  | Malaysian Pacific <br> Industries Bhd.<br>| 19200 | 137099 |
| # | Malaysian Resources <br> Corp. Bhd.<br>| 545720 | 58537 |
|  | Matrix Concepts <br> Holdings Bhd.<br>| 460198 | 150480 |
| # | Maxis Bhd. | 150400 | 136478 |
|  | MBM Resources Bhd. | 57700 | 72478 |
| # | MBSB Bhd. | 714632 | 123613 |
|  | Mega First Corp. <br> Bhd.<br>| 182800 | 161768 |
|  | Mi Technovation Bhd. | 73500 | 55286 |
| # | MISC Bhd. | 111600 | 207545 |
| # | MKH Bhd. | 100700 | 25667 |
|  | MKH Oil Palm East <br> Kalimantan Bhd.<br>| 14385 | 2180 |
|  | MNRB Holdings Bhd. | 182774 | 82373 |
| #Ω | Mr. DIY Group M <br> Bhd.<br>| 504300 | 192388 |
|  | Muhibbah Engineering <br> M Bhd.<br>| 185600 | 23902 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | Nationgate Holdings <br> Bhd.<br>| 96100 | $26963 |
|  | Nestle Malaysia Bhd. | 5700 | 153778 |
| # | NEXG Bhd. | 385800 | 34967 |
| †† | Nylex Malaysia Bhd. | 2335 | 25 |
| # | OCK Group Bhd. | 205000 | 21295 |
| # | Oriental Holdings <br> Bhd.<br>| 77700 | 127088 |
| # | OSK Holdings Bhd. | 616124 | 208899 |
|  | Padini Holdings Bhd. | 145450 | 65640 |
|  | Panasonic <br> Manufacturing <br> Malaysia Bhd.<br>| 5300 | 10533 |
|  | Pantech Group <br> Holdings Bhd.<br>| 131400 | 21006 |
| # | Paramount Corp. <br> Bhd.<br>| 146300 | 37032 |
|  | Pecca Group Bhd. | 44400 | 14305 |
| # | Perak Transit Bhd. | 169750 | 13755 |
| # | Petronas Chemicals <br> Group Bhd.<br>| 134800 | 125385 |
|  | Petronas Dagangan <br> Bhd.<br>| 34000 | 184093 |
|  | Petronas Gas Bhd. | 27100 | 119634 |
|  | PPB Group Bhd. | 124920 | 332114 |
|  | Press Metal <br> Aluminium Holdings <br> Bhd.<br>| 291100 | 439725 |
|  | Public Bank Bhd. | 1063600 | 1070744 |
| # | QL Resources Bhd. | 296737 | 293943 |
| \* | Ranhill Utilities Bhd. | 168104 | 73725 |
| # | RCE Capital Bhd. | 177200 | 45656 |
|  | RGB International <br> Bhd.<br>| 365300 | 20925 |
| # | RHB Bank Bhd. | 146376 | 236641 |
|  | Sam Engineering & <br> Equipment M Bhd.<br>| 69800 | 81063 |
|  | Sarawak Oil Palms <br> Bhd.<br>| 100150 | 89176 |
|  | Scientex Bhd. | 292500 | 236714 |
|  | SD Guthrie Bhd. | 210136 | 264884 |
|  | Sime Darby Bhd. | 694370 | 339450 |
| # | Sime Darby Property <br> Bhd.<br>| 751470 | 241647 |
|  | SKP Resources Bhd. | 262649 | 49184 |
| #\* | Solarvest Holdings <br> Bhd.<br>| 122200 | 88716 |
|  | Southern Cable Group <br> Bhd.<br>| 42500 | 20737 |
| # | SP Setia Bhd. Group | 580379 | 119687 |
| # | Sports Toto Bhd. | 220724 | 73224 |
|  | Sunway Bhd. | 115854 | 149347 |
|  | Sunway Construction <br> Group Bhd.<br>| 88890 | 124690 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
| \* | Supermax Corp. Bhd. | 572578 | $64780 |
| # | Syarikat Takaful <br> Malaysia Keluarga <br> Bhd.<br>| 104145 | 77055 |
| # | Ta Ann Holdings Bhd. | 86480 | 86637 |
|  | Taliworks Corp. Bhd. | 122766 | 15671 |
|  | Telekom Malaysia <br> Bhd.<br>| 124912 | 217690 |
|  | Tenaga Nasional Bhd. | 111700 | 353894 |
|  | Teo Seng Capital <br> Bhd.<br>| 44400 | 12071 |
|  | Thong Guan <br> Industries Bhd.<br>| 59400 | 16310 |
| # | TIME dotCom Bhd. | 106400 | 121134 |
| #\* | Top Glove Corp. Bhd. | 1579700 | 237292 |
| #\* | Tropicana Corp. Bhd. | 247716 | 69118 |
|  | TSH Resources Bhd. | 142000 | 46055 |
| # | Uchi Technologies <br> Bhd.<br>| 83700 | 61904 |
| # | UEM Sunrise Bhd. | 400200 | 61066 |
|  | United Plantations <br> Bhd.<br>| 51000 | 301580 |
|  | UOA Development <br> Bhd.<br>| 176020 | 77654 |
| \* | Vantris Energy Bhd. | 94990 | 12469 |
| # | Velesto Energy Bhd. | 1107073 | 66159 |
|  | ViTrox Corp. Bhd. | 80900 | 86929 |
| # | VS Industry Bhd. | 641067 | 75568 |
| # | Wasco Bhd. | 75600 | 15614 |
| #\* | WCT Holdings Bhd. | 364227 | 65140 |
|  | Wellcall Holdings <br> Bhd.<br>| 127300 | 38297 |
| # | Westports Holdings <br> Bhd.<br>| 105217 | 129269 |
|  | Yinson Holdings Bhd. | 440269 | 249117 |
|  | YTL Corp. Bhd. | 959340 | 594279 |
|  | YTL Power <br> International Bhd.<br>| 179384 | 170508 |
|  | Zetrix Ai Bhd. | 1240856 | 250013 |
| TOTAL MALAYSIA | TOTAL MALAYSIA |  | 21544552 |
| MEXICO — (0.6%) | MEXICO — (0.6%) | MEXICO — (0.6%) | MEXICO — (0.6%) |
|  | Alfa SAB de CV, <br> Class A<br>| 2058476 | 1558940 |
|  | Alpek SAB de CV | 75784 | 38344 |
|  | Alsea SAB de CV | 76018 | 210355 |
| # | America Movil SAB de <br> CV (2228390D US), <br> ADR<br>| 2021 | 46018 |
|  | America Movil SAB de <br> CV (AMXB MM)<br>| 1262696 | 1436789 |
|  | Arca Continental SAB <br> de CV<br>| 37700 | 364814 |
| \* | Axtel SAB de CV | 423298 | 65619 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
| Ω | Banco del Bajio SA | 218152 | $556697 |
| # | Becle SAB de CV | 73268 | 89995 |
|  | Bolsa Mexicana de <br> Valores SAB de CV<br>| 96880 | 184702 |
|  | Cemex SAB de CV <br> (CEMEXCPO MM)<br>| 2131083 | 2161079 |
|  | Cemex SAB de CV <br> (CX US), <br> Sponsored ADR<br>| 106419 | 1080153 |
|  | Coca-Cola Femsa <br> SAB de CV <br> (KOFUBL MM)<br>| 68466 | 587978 |
|  | Consorcio ARA SAB <br> de CV<br>| 312104 | 59301 |
| \* | Controladora Alpek <br> SAB de CV<br>| 2058476 | 319101 |
| \* | Controladora AXTEL <br> SAB de CV<br>| 1784541 | 86929 |
| \* | Controladora Vuela <br> Cia de Aviacion <br> SAB de CV <br> (VOLARA MM), <br> Class A<br>| 209154 | 139372 |
|  | Corp. Inmobiliaria <br> Vesta SAB de CV<br>| 126344 | 383551 |
|  | Corporativo Fragua <br> SAB de CV<br>| 380 | 11045 |
|  | El Puerto de Liverpool <br> SAB de CV, <br> Class C1<br>| 29011 | 141350 |
| #\*†† | Empresas ICA SAB <br> de CV<br>| 42400 | 0 |
|  | Fomento Economico <br> Mexicano SAB de <br> CV (FEMSAUBD <br> MM)<br>| 50113 | 472120 |
|  | GCC SAB de CV | 53330 | 511872 |
| # | Genomma Lab <br> Internacional SAB <br> de CV, Class B<br>| 156950 | 153246 |
|  | Gentera SAB de CV | 389915 | 924916 |
|  | Gruma SAB de CV, <br> Class B<br>| 39470 | 668474 |
|  | Grupo Aeroportuario <br> del Centro Norte <br> SAB de CV<br>| 80213 | 988539 |
|  | Grupo Aeroportuario <br> del Pacifico SAB de <br> CV (GAPB MM), <br> Class B<br>| 25644 | 532605 |
| # | Grupo Aeroportuario <br> del Pacifico SAB de <br> CV (PAC US), ADR<br>| 3264 | 679956 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
|  | Grupo Aeroportuario <br> del Sureste SAB de <br> CV (ASR US), ADR<br>| 204 | $61677 |
|  | Grupo Aeroportuario <br> del Sureste SAB de <br> CV (ASURB MM), <br> Class B<br>| 11168 | 337916 |
| # | Grupo Bimbo SAB de <br> CV<br>| 186144 | 642840 |
|  | Grupo Carso SAB de <br> CV<br>| 34899 | 247901 |
| # | Grupo Comercial <br> Chedraui SA de CV<br>| 87257 | 633768 |
|  | Grupo Financiero <br> Banorte SAB de <br> CV, Class O<br>| 191668 | 1799325 |
| # | Grupo Financiero <br> Inbursa SAB de CV, <br> Class O<br>| 276748 | 670475 |
|  | Grupo Herdez SAB de <br> CV<br>| 54050 | 203649 |
| \* | Grupo Hotelero Santa <br> Fe SAB de CV<br>| 60872 | 12287 |
|  | Grupo Industrial <br> Saltillo SAB de CV<br>| 7630 | 5692 |
|  | Grupo Mexico SAB de <br> CV<br>| 177888 | 1534958 |
| \* | Grupo Nutrisa SAB de <br> CV<br>| 54050 | 14837 |
| # | Grupo Rotoplas SAB <br> de CV<br>| 43386 | 31316 |
| \* | Grupo Simec SAB de <br> CV (SIMECB MM)<br>| 33392 | 304695 |
| # | Grupo Televisa SAB <br> (TLEVICPO MM)<br>| 466624 | 243629 |
|  | Grupo Televisa SAB <br> (TV US), Sponsored <br> ADR<br>| 12209 | 32232 |
| \*Ω | Grupo Traxion SAB de <br> CV<br>| 63274 | 46591 |
| \* | Industrias CH SAB de <br> CV<br>| 73798 | 675278 |
| \* | Industrias Penoles <br> SAB de CV<br>| 47800 | 2019417 |
|  | Kimberly-Clark de <br> Mexico SAB de CV, <br> Class A<br>| 231975 | 449628 |
|  | La Comer SAB de <br> CV<br>| 186773 | 404540 |
|  | Megacable Holdings <br> SAB de CV<br>| 282305 | 807932 |
| \* | Minera Frisco SAB de <br> CV, Class A1<br>| 307440 | 146120 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
| \*Ω | Nemak SAB de CV | 733206 | $152731 |
| \* | Ollamani SAB | 21064 | 70011 |
| # | Operadora De Sites <br> Mexicanos SAB de <br> CV, Class A-1<br>| 67046 | 60267 |
|  | Orbia Advance Corp. <br> SAB de CV<br>| 158347 | 143359 |
|  | Organizacion Cultiba <br> SAB de CV<br>| 15310 | 8653 |
| \* | Organizacion Soriana <br> SAB de CV, <br> Class B<br>| 50685 | 72296 |
| \* | Promotora de Hoteles <br> Norte 19 SAB de <br> CV<br>| 142020 | 51370 |
|  | Promotora y <br> Operadora de <br> Infraestructura SAB <br> de CV (PINFRA <br> MM)<br>| 54078 | 698617 |
|  | Promotora y <br> Operadora de <br> Infraestructura SAB <br> de CV (PINFRAL <br> MM), Class L<br>| 7273 | 70461 |
| # | Qualitas Controladora <br> SAB de CV<br>| 61572 | 558634 |
|  | Regional SAB de CV | 84693 | 627453 |
| #\* | Sitios Latinoamerica <br> SAB de CV<br>| 233407 | 58671 |
| \* | Vista Energy SAB de <br> CV (VIST US), <br> ADR<br>| 4662 | 225874 |
| \* | Vista Energy SAB de <br> CV (VISTAA MM)<br>| 1130 | 54741 |
|  | Wal-Mart de Mexico <br> SAB de CV<br>| 194783 | 644786 |
| TOTAL MEXICO | TOTAL MEXICO |  | 29278487 |
| NETHERLANDS — (2.3%) | NETHERLANDS — (2.3%) | NETHERLANDS — (2.3%) | NETHERLANDS — (2.3%) |
|  | Aalberts NV | 35456 | 1123290 |
| Ω | ABN AMRO Bank NV | 114996 | 3435927 |
|  | Acomo NV | 5847 | 158381 |
| \*Ω | Adyen NV | 985 | 1687782 |
|  | Aegon Ltd. (AEG US) | 37459 | 283564 |
|  | Aegon Ltd. (AGN NA) | 368518 | 2808374 |
|  | Akzo Nobel NV | 43431 | 2870188 |
|  | Allfunds Group PLC | 121224 | 921513 |
|  | AMG Critical Materials <br> NV<br>| 10344 | 343445 |
|  | Aperam SA | 13700 | 477408 |
|  | Arcadis NV | 30386 | 1451137 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
|  | ArcelorMittal SA (MT <br> NA)<br>| 51013 | $1947475 |
| # | ArcelorMittal SA (MT <br> US)<br>| 9714 | 370006 |
|  | ASM International NV | 5632 | 3654293 |
|  | ASML Holding NV <br> (ASML NA)<br>| 4870 | 5149097 |
|  | ASML Holding NV <br> (ASML US)<br>| 22102 | 23411101 |
|  | ASR Nederland NV | 50989 | 3402936 |
| #\* | Avantium NV | 3710 | 26769 |
| Ω | B&S Group SARL | 10988 | 75237 |
| \*Ω | Basic-Fit NV | 16265 | 482810 |
|  | BE Semiconductor <br> Industries NV<br>| 10172 | 1734286 |
| # | Brunel International <br> NV<br>| 6759 | 60238 |
| # | Coca-Cola Europacific <br> Partners PLC<br>| 33278 | 2964558 |
|  | Corbion NV | 16505 | 335930 |
| Ω | CTP NV | 25558 | 532964 |
| #\* | Fastned BV | 686 | 17387 |
| \* | Flow Traders Ltd. | 12372 | 340194 |
|  | ForFarmers NV | 13915 | 67295 |
| # | Fugro NV | 20323 | 207544 |
|  | HAL Trust | 658 | 103275 |
|  | Havas NV | 167101 | 291620 |
|  | Heineken NV | 18888 | 1462541 |
|  | IMCD NV | 14656 | 1518708 |
| # | ING Groep NV (ING <br> US), Sponsored <br> ADR<br>| 6500 | 162045 |
|  | ING Groep NV (INGA <br> NA)<br>| 196229 | 4899772 |
| \* | InPost SA | 81642 | 1028400 |
|  | JDE Peet's NV | 24876 | 905340 |
|  | Kendrion NV | 5103 | 83718 |
|  | Koninklijke Ahold <br> Delhaize NV (AD <br> NA)<br>| 166464 | 6811669 |
|  | Koninklijke BAM <br> Groep NV<br>| 116385 | 1080389 |
|  | Koninklijke Heijmans <br> NV<br>| 14198 | 1005844 |
|  | Koninklijke KPN NV | 1505567 | 6966953 |
| # | Koninklijke Philips NV <br> (PHG US)<br>| 43974 | 1201370 |
|  | Koninklijke Philips NV <br> (PHIA NA)<br>| 57458 | 1574073 |
|  | Koninklijke Vopak NV | 20794 | 942321 |
|  | Nedap NV | 2056 | 247368 |
|  | NN Group NV | 86738 | 5935902 |
| \* | NX Filtration NV | 1991 | 6428 |
|  | OCI NV | 25261 | 99092 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
| \* | Pharming Group NV | 169497 | $222121 |
| # | PostNL NV | 41442 | 45857 |
|  | Prosus NV (PRX NA) | 62008 | 4285897 |
|  | Prosus NV (PRX SJ) | 1987 | 136809 |
|  | Randstad NV | 36450 | 1428507 |
|  | SBM Offshore NV | 58977 | 1525087 |
| #\* | SIF Holding NV | 5614 | 45147 |
| Ω | Signify NV | 38437 | 920085 |
| # | Sligro Food Group <br> NV<br>| 7429 | 79781 |
|  | TKH Group NV | 15293 | 676074 |
| \* | TomTom NV | 11376 | 68505 |
| # | Universal Music <br> Group NV<br>| 75067 | 2013446 |
|  | Van Lanschot Kempen <br> NV<br>| 12655 | 739905 |
|  | Wolters Kluwer NV | 27120 | 3324520 |
| TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 112179698 |
| NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) |
| # | a2 Milk Co. Ltd.  | 56181 | 347187 |
|  | Air New Zealand Ltd. | 541844 | 184490 |
|  | Auckland International <br> Airport Ltd.<br>| 67727 | 315216 |
| # | Channel Infrastructure <br> NZ Ltd.<br>| 121181 | 185863 |
| # | Chorus Ltd. (CNU <br> NZ)<br>| 172535 | 923933 |
|  | Contact Energy Ltd. | 130868 | 697632 |
|  | EBOS Group Ltd. | 26501 | 438241 |
|  | Fisher & Paykel <br> Healthcare Corp. <br> Ltd.<br>| 27438 | 581688 |
| #\* | Fletcher Building Ltd. <br> (FBU AU)<br>| 3423 | 6394 |
| \* | Fletcher Building Ltd. <br> (FBU NZ)<br>| 243118 | 453204 |
|  | Fonterra Co-Operative <br> Group Ltd.<br>| 20324 | 95015 |
|  | Freightways Group <br> Ltd.<br>| 58334 | 490858 |
|  | Genesis Energy Ltd. | 157518 | 226219 |
| \* | Gentrack Group Ltd. | 12157 | 63626 |
|  | Hallenstein Glasson <br> Holdings Ltd.<br>| 26041 | 146797 |
|  | Heartland Group <br> Holdings Ltd.<br>| 248158 | 153964 |
|  | Infratil Ltd. | 38801 | 274246 |
|  | Investore Property <br> Ltd.<br>| 61732 | 44415 |
| \* | KMD Brands Ltd. | 197467 | 32191 |
|  | Mainfreight Ltd. | 8479 | 292416 |
|  | Mercury NZ Ltd. | 39370 | 145946 |
|  | Meridian Energy Ltd. | 30407 | 102939 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) |
| # | Napier Port Holdings <br> Ltd.<br>| 14348 | $28309 |
|  | NZME Ltd. (NZM AU) | 54459 | 36424 |
|  | NZX Ltd. | 110419 | 97271 |
| \* | Oceania Healthcare <br> Ltd.<br>| 238522 | 107760 |
|  | Port of Tauranga Ltd. | 37905 | 170635 |
| \* | Rakon Ltd. | 28043 | 12830 |
|  | Restaurant Brands <br> New Zealand Ltd.<br>| 10978 | 31659 |
| \* | Ryman Healthcare <br> Ltd.<br>| 125466 | 205462 |
|  | Sanford Ltd. | 20591 | 72499 |
|  | Scales Corp. Ltd. | 49657 | 173264 |
| \* | Serko Ltd. | 3631 | 5652 |
|  | Skellerup Holdings <br> Ltd.<br>| 64548 | 202777 |
|  | SKY Network <br> Television Ltd.<br>| 56838 | 117128 |
| \* | SKYCITY <br> Entertainment <br> Group Ltd.<br>| 306429 | 127855 |
|  | Spark New Zealand <br> Ltd.<br>| 176310 | 247174 |
| \* | Steel & Tube Holdings <br> Ltd.<br>| 32029 | 13008 |
|  | Summerset Group <br> Holdings Ltd.<br>| 97010 | 643408 |
|  | Tourism Holdings Ltd. | 44694 | 64765 |
|  | TOWER Ltd. | 123362 | 130478 |
|  | Turners Automotive <br> Group Ltd.<br>| 25731 | 107672 |
|  | Vector Ltd. | 26039 | 74649 |
| \* | Vista Group <br> International Ltd.<br>| 32932 | 49918 |
| #\* | Warehouse Group <br> Ltd.<br>| 33171 | 15277 |
| TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 8938354 |
| NORWAY — (0.5%) | NORWAY — (0.5%) | NORWAY — (0.5%) | NORWAY — (0.5%) |
|  | 2020 Bulkers Ltd. | 5584 | 76205 |
|  | ABG Sundal Collier <br> Holding ASA<br>| 105016 | 72879 |
|  | AF Gruppen ASA | 9872 | 165810 |
|  | Akastor ASA | 52076 | 57159 |
|  | Aker ASA, Class A | 1200 | 93246 |
| \* | Aker BioMarine ASA | 1327 | 11263 |
|  | Aker BP ASA | 43444 | 1125935 |
|  | Aker Solutions ASA | 101751 | 279568 |
|  | Archer Ltd. | 15404 | 35866 |
|  | Arendals <br> Fossekompani ASA<br>| 161 | 2101 |
|  | Atea ASA | 16472 | 250951 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  | Austevoll Seafood <br> ASA<br>| 27631 | $259435 |
| #\*Ω | AutoStore Holdings <br> Ltd.<br>| 17990 | 17450 |
|  | B2 Impact ASA | 75199 | 128900 |
|  | Bakkafrost P | 4071 | 186931 |
|  | Bluenord ASA | 7735 | 353222 |
|  | Bonheur ASA | 7630 | 165068 |
|  | Borregaard ASA | 21124 | 400059 |
|  | Bouvet ASA | 25196 | 159964 |
| \* | BW Energy Ltd. | 4594 | 17501 |
| Ω | BW LPG Ltd. | 28644 | 379324 |
|  | BW Offshore Ltd. | 30988 | 112841 |
| \* | Cadeler AS (CADLR <br> NO)<br>| 13474 | 62470 |
| \* | Cadeler AS (CDLR <br> US), ADR<br>| 817 | 15139 |
| \* | Cloudberry Clean <br> Energy ASA<br>| 69815 | 90870 |
|  | DNB Bank ASA | 53478 | 1365049 |
|  | DNO ASA | 140932 | 192440 |
|  | DOF Group ASA | 29659 | 265885 |
| Ω | Elkem ASA | 85851 | 225813 |
| Ω | Elmera Group ASA | 32302 | 103914 |
|  | Elopak ASA | 35209 | 165742 |
| Ω | Entra ASA | 9405 | 104650 |
|  | Equinor ASA | 118246 | 2832145 |
| Ω | Europris ASA | 64160 | 553183 |
|  | FLEX LNG Ltd. <br> (FLNG NO)<br>| 4924 | 127876 |
| # | Frontline PLC | 22423 | 548579 |
|  | Gjensidige Forsikring <br> ASA<br>| 3393 | 91313 |
| \* | Grieg Seafood ASA | 10179 | 68166 |
|  | Hafnia Ltd. | 70806 | 441104 |
| \* | Hexagon Composites <br> ASA<br>| 27404 | 24612 |
|  | Himalaya Shipping <br> Ltd.<br>| 4085 | 32026 |
| # | Hoegh Autoliners <br> ASA<br>| 37835 | 339023 |
| Ω | Kid ASA | 10802 | 146234 |
|  | Kitron ASA | 41228 | 306512 |
| Ω | Klaveness <br> Combination <br> Carriers ASA<br>| 6871 | 52083 |
| \* | Kongsberg Automotive <br> ASA<br>| 238423 | 40742 |
|  | Kongsberg Gruppen <br> ASA<br>| 14970 | 381634 |
|  | Leroy Seafood Group <br> ASA<br>| 18430 | 86778 |
| \* | LINK Mobility Group <br> Holding ASA<br>| 51065 | 151246 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  | Magnora ASA | 12127 | $24593 |
|  | Medistim ASA | 2742 | 73746 |
|  | Mowi ASA | 13640 | 299848 |
|  | MPC Container Ships <br> ASA<br>| 89881 | 157276 |
| Ω | Multiconsult ASA | 4197 | 71248 |
| \* | Napatech AS | 3160 | 10186 |
| #\* | NEL ASA | 84582 | 18452 |
|  | Norbit ASA | 7952 | 160086 |
| \* | Nordic Mining ASA | 12200 | 17735 |
| \* | Nordic Semiconductor <br> ASA<br>| 3453 | 49941 |
|  | Norsk Hydro ASA | 81216 | 549066 |
| \*Ω | Norske Skog ASA | 19271 | 29798 |
| \* | Northern Ocean Ltd. | 39963 | 23726 |
|  | Norwegian Air Shuttle <br> ASA<br>| 62645 | 97253 |
|  | Odfjell Drilling Ltd. | 45977 | 369308 |
|  | Odfjell SE, Class A | 6204 | 74571 |
|  | Odfjell Technology <br> Ltd.<br>| 10957 | 62911 |
| \* | OKEA ASA | 15569 | 28034 |
| #Ω | Okeanis Eco Tankers <br> Corp.<br>| 3789 | 130630 |
|  | Olav Thon <br> Eiendomsselskap <br> ASA<br>| 4209 | 110068 |
|  | Orkla ASA | 13548 | 137598 |
|  | Panoro Energy ASA | 26853 | 57386 |
|  | Paratus Energy <br> Services Ltd.<br>| 6702 | 27432 |
|  | Pareto Bank ASA | 13851 | 117347 |
|  | Pexip Holding ASA | 16259 | 99879 |
| \* | PhotoCure ASA | 1570 | 9011 |
|  | Protector Forsikring <br> ASA<br>| 10065 | 453406 |
|  | Public Property Invest <br> AS<br>| 15571 | 34345 |
|  | Rana Gruber ASA | 10326 | 65105 |
|  | Rogaland Sparebank | 1120 | 15238 |
| # | Salmar ASA | 1486 | 83461 |
| \* | Salmon Evolution <br> ASA<br>| 66994 | 34096 |
|  | SATS ASA | 37953 | 135983 |
| \*Ω | Scatec ASA | 29500 | 311161 |
|  | Sea1 offshore, Inc. | 23032 | 45588 |
|  | Selvaag Bolig ASA | 11511 | 37410 |
| \*Ω | Shelf Drilling Ltd. | 36814 | 66459 |
|  | Solstad Maritime <br> Holding AS<br>| 25802 | 45707 |
| \* | Solstad Offshore ASA | 11178 | 47960 |
|  | SpareBank 1 <br> Helgeland<br>| 832 | 13874 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  | Sparebank 1 <br> Oestlandet<br>| 11518 | $201980 |
|  | SpareBank 1 <br> Sor-Norge ASA<br>| 28743 | 494767 |
|  | Sparebanken More | 7775 | 76720 |
|  | Stolt-Nielsen Ltd. | 9437 | 316528 |
|  | Storebrand ASA | 82626 | 1280456 |
|  | Subsea 7 SA | 32553 | 594526 |
|  | Telenor ASA | 37309 | 554842 |
|  | TGS ASA | 47580 | 410603 |
|  | TOMRA Systems <br> ASA<br>| 12707 | 155126 |
|  | Var Energi ASA | 53628 | 180184 |
|  | Veidekke ASA | 36972 | 572429 |
| # | Vend Marketplaces <br> ASA, Class B<br>| 3904 | 134206 |
|  | Wallenius Wilhelmsen <br> ASA<br>| 29037 | 227095 |
|  | Wilh Wilhelmsen <br> Holding ASA, <br> Class A<br>| 4613 | 232512 |
|  | Wilh Wilhelmsen <br> Holding ASA, <br> Class B<br>| 281 | 13348 |
|  | Yara International <br> ASA<br>| 9060 | 330075 |
| \* | Zaptec ASA | 3296 | 9620 |
| TOTAL NORWAY | TOTAL NORWAY |  | 23148845 |
| PERU — (0.0%) | PERU — (0.0%) | PERU — (0.0%) | PERU — (0.0%) |
|  | Cementos Pacasmayo <br> SAA, ADR<br>| 3792 | 27567 |
|  | Cia de Minas <br> Buenaventura SAA, <br> ADR<br>| 1300 | 29601 |
|  | Credicorp Ltd. | 1916 | 500076 |
|  | Intercorp Financial <br> Services, Inc.<br>| 1299 | 55896 |
| TOTAL PERU | TOTAL PERU |  | 613140 |
| PHILIPPINES — (0.2%) | PHILIPPINES — (0.2%) | PHILIPPINES — (0.2%) | PHILIPPINES — (0.2%) |
|  | Aboitiz Equity <br> Ventures, Inc.<br>| 203820 | 98638 |
|  | Aboitiz Power Corp. | 127900 | 89603 |
|  | ACEN Corp. | 2075821 | 81708 |
|  | Alliance Global Group, <br> Inc.<br>| 791500 | 98108 |
|  | Apex Mining Co., Inc. | 1093000 | 173045 |
| \* | Atlas Consolidated <br> Mining & <br> Development Corp.<br>| 10800 | 940 |
|  | Ayala Corp. | 21495 | 170818 |
|  | Ayala Land, Inc. | 593700 | 200549 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |
|  | Bank of the Philippine <br> Islands<br>| 179528 | $321502 |
|  | BDO Unibank, Inc. | 367599 | 833693 |
|  | Belle Corp. | 1052000 | 24299 |
|  | Bloomberry Resorts <br> Corp.<br>| 755200 | 41030 |
| \* | Cebu Air, Inc. | 41200 | 20509 |
|  | Century Pacific Food, <br> Inc.<br>| 312700 | 186082 |
|  | China Banking Corp. | 339992 | 295283 |
|  | Converge Information <br> & Communications <br> Technology <br> Solutions, Inc.<br>| 626800 | 135705 |
|  | Cosco Capital, Inc. | 487200 | 57212 |
|  | D&L Industries, Inc. | 433400 | 33212 |
|  | DigiPlus Interactive <br> Corp.<br>| 40900 | 14515 |
| \* | DITO CME Holdings <br> Corp.<br>| 894000 | 12458 |
|  | DMCI Holdings, Inc. | 665500 | 127599 |
|  | DoubleDragon Corp. | 260700 | 43877 |
|  | East West Banking <br> Corp.<br>| 202850 | 39563 |
|  | Emperador, Inc. | 83300 | 22608 |
|  | First Philippine <br> Holdings Corp.<br>| 64910 | 78862 |
|  | Ginebra San Miguel, <br> Inc.<br>| 18440 | 87629 |
|  | Globe Telecom, Inc. | 5774 | 144773 |
|  | GT Capital Holdings, <br> Inc.<br>| 25488 | 236417 |
|  | International Container <br> Terminal Services, <br> Inc.<br>| 53530 | 482808 |
|  | JG Summit Holdings, <br> Inc.<br>| 446466 | 181584 |
|  | Jollibee Foods Corp. | 57750 | 212473 |
|  | Keepers Holdings, <br> Inc.<br>| 341000 | 13482 |
|  | LT Group, Inc. | 624500 | 155213 |
|  | Manila Electric Co. | 13600 | 134999 |
|  | Manila Water Co., <br> Inc.<br>| 276900 | 163460 |
|  | Megaworld Corp. | 2379600 | 80501 |
|  | Metropolitan Bank & <br> Trust Co.<br>| 218306 | 255887 |
| Ω | Monde Nissin Corp. | 238300 | 27324 |
|  | Nickel Asia Corp. | 1306480 | 81438 |
|  | Petron Corp. | 1056700 | 42252 |
|  | Philcomsat Holdings <br> Corp.<br>| 23890 | 43423 |
|  | Philex Mining Corp. | 510400 | 70141 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |
|  | Philippine National <br> Bank<br>| 128372 | $112525 |
|  | Philippine Seven <br> Corp.<br>| 19620 | 13825 |
| \*†† | Phoenix Petroleum <br> Philippines, Inc.<br>| 107200 | 1421 |
|  | PLDT, Inc. (PHI US), <br> Sponsored ADR<br>| 839 | 16260 |
|  | PLDT, Inc. (TEL PM) | 10025 | 190529 |
|  | Puregold Price Club, <br> Inc.<br>| 253800 | 164086 |
|  | Rizal Commercial <br> Banking Corp.<br>| 104115 | 44958 |
|  | Robinsons Land <br> Corp.<br>| 419738 | 106281 |
|  | Robinsons Retail <br> Holdings, Inc.<br>| 67680 | 40016 |
|  | San Miguel Corp. | 104660 | 115655 |
|  | Security Bank Corp. | 99670 | 117816 |
|  | Semirara Mining & <br> Power Corp.<br>| 273080 | 153329 |
|  | Shakey's Pizza Asia <br> Ventures, Inc.<br>| 84300 | 10460 |
|  | SM Investments <br> Corp.<br>| 2270 | 28090 |
|  | SM Prime Holdings, <br> Inc.<br>| 203700 | 77535 |
|  | SSI Group, Inc. | 143000 | 6071 |
|  | STI Education <br> Systems Holdings, <br> Inc.<br>| 431000 | 10388 |
|  | Synergy Grid & <br> Development Phils, <br> Inc.<br>| 247500 | 62550 |
|  | Union Bank of the <br> Philippines<br>| 196148 | 96040 |
|  | Universal Robina <br> Corp.<br>| 125380 | 155398 |
|  | Vista Land & <br> Lifescapes, Inc.<br>| 1160900 | 18940 |
|  | Vistamalls, Inc. | 88000 | 1876 |
|  | Wilcon Depot, Inc. | 287300 | 37598 |
| TOTAL PHILIPPINES | TOTAL PHILIPPINES |  | 7196869 |
| POLAND — (0.4%) | POLAND — (0.4%) | POLAND — (0.4%) | POLAND — (0.4%) |
| \* | 11 bit studios SA | 69 | 3303 |
|  | AB SA | 2766 | 72801 |
| \* | Action SA | 5598 | 46624 |
|  | Agora SA | 12934 | 32119 |
|  | Alior Bank SA | 46733 | 1302221 |
| \*Ω | Allegro.eu SA | 17418 | 162646 |
|  | Amica SA | 2272 | 35497 |
|  | AmRest Holdings SE | 23304 | 93359 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) |
| \* | Arctic Paper SA | 9228 | $21186 |
|  | ASBISc Enterprises <br> PLC<br>| 13274 | 107077 |
|  | Asseco Poland SA | 18130 | 1054562 |
|  | Asseco South Eastern <br> Europe SA<br>| 3183 | 56964 |
| # | Auto Partner SA | 17966 | 87694 |
|  | Bank Handlowy w <br> Warszawie SA<br>| 10468 | 295069 |
| \* | Bank Millennium SA | 70399 | 294673 |
| #\* | Bank Ochrony <br> Srodowiska SA<br>| 20762 | 67664 |
|  | Bank Polska Kasa <br> Opieki SA<br>| 23488 | 1202627 |
|  | Benefit Systems SA | 723 | 613269 |
|  | BNPP Bank Polska <br> SA<br>| 2753 | 84337 |
| # | Boryszew SA | 29053 | 47172 |
| # | Budimex SA | 2184 | 346731 |
| #\* | CCC SA | 8341 | 341393 |
|  | CD Projekt SA | 2091 | 143667 |
| \* | Celon Pharma SA | 3548 | 20708 |
| \* | CI Games SA | 23337 | 18182 |
| #\* | Cognor Holding SA | 32298 | 57744 |
|  | Cyber Folks SA | 2370 | 118561 |
| \* | Cyfrowy Polsat SA | 57516 | 206401 |
| \* | Datawalk SA | 732 | 18064 |
|  | Develia SA | 101233 | 223797 |
| \*Ω | Dino Polska SA | 40090 | 478847 |
|  | Dom Development <br> SA<br>| 2718 | 181079 |
| #\* | Echo Investment SA | 10592 | 15770 |
| # | Elektrotim SA | 885 | 12020 |
| \* | Enea SA | 102173 | 573149 |
| \* | Eurocash SA | 16735 | 36499 |
| \* | Fabryki Mebli Forte <br> SA<br>| 3906 | 27602 |
|  | Ferro SA | 648 | 5508 |
| \* | Globe Trade Centre <br> SA<br>| 30781 | 30424 |
| \* | Grupa Azoty SA | 15444 | 78265 |
|  | Grupa Kety SA | 3397 | 854934 |
| # | Grupa Pracuj SA | 5817 | 89251 |
| \*Ω | HUUUGE, Inc. | 10756 | 70364 |
|  | ING Bank Slaski SA | 4302 | 367043 |
| # | Inter Cars SA | 2063 | 308274 |
| #\* | Jastrzebska Spolka <br> Weglowa SA<br>| 17979 | 125962 |
| \* | KGHM Polska Miedz <br> SA<br>| 18041 | 946307 |
|  | KRUK SA | 5294 | 650777 |
| # | LPP SA | 125 | 606772 |
| \* | Lubelski Wegiel <br> Bogdanka SA<br>| 4699 | 27347 |
| \* | mBank SA | 1382 | 368012 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) |
|  | Mirbud SA | 18519 | $68137 |
|  | Mo-BRUK SA | 603 | 47913 |
| \* | Mostostal Zabrze SA | 9282 | 16821 |
|  | Neuca SA | 441 | 88807 |
|  | Newag SA | 1426 | 35084 |
|  | Orange Polska SA | 102086 | 248794 |
|  | ORLEN SA | 45363 | 1229512 |
|  | PCC Rokita SA | 524 | 9688 |
|  | Pepco Group NV | 43134 | 324887 |
| \* | PGE Polska Grupa <br> Energetyczna SA<br>| 234972 | 712499 |
| \* | PKP Cargo SA | 7534 | 32744 |
|  | PlayWay SA | 336 | 24378 |
| \* | Polimex-Mostostal SA | 38961 | 62585 |
|  | Powszechna Kasa <br> Oszczednosci Bank <br> Polski SA<br>| 35041 | 718455 |
|  | Powszechny Zaklad <br> Ubezpieczen SA<br>| 51386 | 821620 |
| # | Rainbow Tours SA | 1244 | 41857 |
|  | Santander Bank <br> Polska SA<br>| 1780 | 234420 |
| \* | Selvita SA | 1674 | 16722 |
|  | Stalexport Autostrady <br> SA<br>| 30531 | 23791 |
|  | Synektik SA | 2522 | 179498 |
| \* | Tauron Polska Energia <br> SA<br>| 416659 | 1127952 |
|  | TEN Square Games <br> SA<br>| 1066 | 26115 |
| # | Text SA | 3006 | 39579 |
|  | Torpol SA | 4879 | 70374 |
|  | Unimot SA | 1479 | 52315 |
|  | Votum SA | 537 | 6791 |
|  | Voxel SA | 582 | 23977 |
| \* | VRG SA | 37269 | 44818 |
|  | Warsaw Stock <br> Exchange<br>| 2489 | 41172 |
|  | Wawel SA | 12 | 2288 |
| # | Wirtualna Polska <br> Holding SA<br>| 3878 | 58221 |
| Ω | XTB SA | 22194 | 418776 |
| \* | Zespol <br> Elektrocieplowni <br> Wroclawskich <br> Kogeneracja SA<br>| 1940 | 32817 |
| \* | Zespol Elektrowni <br> Patnow Adamow <br> Konin SA<br>| 4127 | 25027 |
| TOTAL POLAND | TOTAL POLAND |  | 19938752 |
| PORTUGAL — (0.2%) | PORTUGAL — (0.2%) | PORTUGAL — (0.2%) | PORTUGAL — (0.2%) |
| # | Altri SGPS SA | 29560 | 167661 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PORTUGAL — (Continued) | PORTUGAL — (Continued) | PORTUGAL — (Continued) | PORTUGAL — (Continued) |
|  | Banco Comercial <br> Portugues SA, <br> Class R<br>| 3670426 | $3239891 |
|  | Corticeira Amorim <br> SGPS SA<br>| 8194 | 68744 |
|  | CTT-Correios de <br> Portugal SA<br>| 23076 | 200636 |
|  | EDP Renovaveis SA | 48361 | 707071 |
|  | EDP SA (EDP PL) | 366729 | 1823061 |
|  | Galp Energia SGPS <br> SA<br>| 115204 | 2314572 |
|  | Ibersol SGPS SA | 8870 | 103276 |
|  | Jeronimo Martins <br> SGPS SA<br>| 30682 | 790216 |
|  | Mota-Engil SGPS SA | 34573 | 239154 |
| # | Navigator Co. SA | 60047 | 207925 |
|  | NOS SGPS SA | 63506 | 275180 |
|  | REN - Redes <br> Energeticas <br> Nacionais SGPS <br> SA<br>| 91426 | 344149 |
|  | Semapa-Sociedade <br> de Investimento e <br> Gestao<br>| 7088 | 147866 |
|  | Sonae SGPS SA | 308562 | 502714 |
| TOTAL PORTUGAL | TOTAL PORTUGAL |  | 11132116 |
| QATAR — (0.2%) | QATAR — (0.2%) | QATAR — (0.2%) | QATAR — (0.2%) |
|  | Aamal Co. | 868127 | 188458 |
|  | Al Khaleej Takaful <br> Group QSC<br>| 72860 | 47597 |
|  | Al Meera Consumer <br> Goods Co. QSC<br>| 34245 | 137555 |
|  | Al Rayan Bank | 728158 | 468099 |
|  | Alijarah Holding Co. <br> QPSC<br>| 103023 | 19535 |
| \* | Baladna | 200091 | 83901 |
|  | Barwa Real Estate <br> Co.<br>| 568627 | 410645 |
|  | Commercial Bank <br> PSQC <br>| 197552 | 224822 |
|  | Doha Bank QPSC | 721345 | 497814 |
|  | Doha Insurance Co. <br> QSC<br>| 102131 | 70722 |
| \* | Estithmar Holding <br> QPSC<br>| 134490 | 151463 |
|  | Gulf International <br> Services QSC<br>| 347844 | 294893 |
|  | Gulf Warehousing <br> Co.<br>| 96772 | 68004 |
|  | Industries Qatar QSC | 23363 | 81401 |
|  | Lesha Bank LLC | 287795 | 142751 |
|  | Mannai Corp. QSC | 40666 | 59265 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) |
| \* | Mazaya Real Estate <br> Development <br> QPSC<br>| 281270 | $47389 |
|  | Medicare Group | 60265 | 107508 |
|  | Mesaieed <br> Petrochemical <br> Holding Co.<br>| 813907 | 279117 |
|  | Ooredoo QPSC | 185855 | 691245 |
|  | Qatar Aluminum <br> Manufacturing Co.<br>| 521011 | 222065 |
|  | Qatar Electricity & <br> Water Co. QSC<br>| 44633 | 188582 |
|  | Qatar Fuel QSC | 49111 | 202305 |
|  | Qatar Gas Transport <br> Co. Ltd.<br>| 394237 | 478668 |
|  | Qatar Industrial <br> Manufacturing Co. <br> QSC<br>| 72555 | 48114 |
|  | Qatar Insurance Co. <br> SAQ<br>| 329469 | 185465 |
|  | Qatar International <br> Islamic Bank QSC<br>| 133173 | 407670 |
|  | Qatar Islamic Bank <br> QPSC<br>| 32774 | 220952 |
|  | Qatar Islamic <br> Insurance Group<br>| 22820 | 55308 |
|  | Qatar National Bank <br> QPSC<br>| 430563 | 2189839 |
|  | Qatar National <br> Cement Co. QSC<br>| 138869 | 116095 |
|  | Qatar Navigation <br> QSC<br>| 276752 | 845247 |
|  | QLM Life & Medical <br> Insurance Co. WLL<br>| 20001 | 13922 |
|  | Salam International <br> Investment Ltd. <br> QSC<br>| 377474 | 78346 |
|  | United Development <br> Co. QSC<br>| 551610 | 142859 |
|  | Vodafone Qatar <br> PQSC<br>| 704895 | 465238 |
| \* | Widam Food Co. | 33153 | 18083 |
|  | Zad Holding Co. | 3845 | 14765 |
| TOTAL QATAR | TOTAL QATAR |  | 9965707 |
| RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) |
| \*†† | Gazprom PJSC <br> (OGZD LI), <br> Sponsored ADR<br>| 134073 | 0 |
| \*†† | Gazprom PJSC <br> (OGZPY US), <br> Sponsored ADR<br>| 26988 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| RUSSIA — (Continued) | RUSSIA — (Continued) | RUSSIA — (Continued) | RUSSIA — (Continued) |
| \*†† | Magnitogorsk Iron & <br> Steel Works PJSC <br> (MMK LI), <br> Sponsored GDR<br>| 28061 | $0 |
| \*†† | Mechel PJSC, <br> Sponsored ADR<br>| 6898 | 0 |
| \*†† | PhosAgro PJSC | 136 | 0 |
| \*†† | Polyus PJSC (PLZL <br> LI), GDR<br>| 2588 | 0 |
| \*†† | RusHydro PJSC <br> (HYDR LI), ADR<br>| 131916 | 0 |
| \*†† | RusHydro PJSC <br> (RSHYY US), ADR<br>| 62793 | 0 |
| \*†† | Sberbank of Russia <br> PJSC (SBER LI), <br> Sponsored ADR<br>| 65441 | 0 |
| \*†† | Severstal PAO <br> (SVJTY US), GDR<br>| 14770 | 0 |
| \*†† | Severstal PAO (SVST <br> LI), GDR<br>| 6022 | 0 |
| \*†† | VTB Bank PJSC <br> (VTBR LI), GDR<br>| 330257 | 0 |
| SAUDI ARABIA — (0.9%) | SAUDI ARABIA — (0.9%) | SAUDI ARABIA — (0.9%) | SAUDI ARABIA — (0.9%) |
|  | Abdullah Al Othaim <br> Markets Co.<br>| 126686 | 257213 |
| \* | ACWA Power Co. | 5152 | 332825 |
|  | Ades Holding Co. | 23001 | 103941 |
| \* | Advanced <br> Petrochemical Co.<br>| 26479 | 267042 |
|  | Al Babtain Power & <br> Telecommunication <br> Co.<br>| 14290 | 239176 |
|  | Al Hammadi Holding | 11852 | 110413 |
|  | Al Hassan Ghazi <br> Ibrahim Shaker Co.<br>| 6782 | 47275 |
|  | Al Jouf Agricultural <br> Development Co.<br>| 1033 | 12665 |
| \* | Al Jouf Cement Co. | 9833 | 18353 |
| \* | Al Khaleej Training & <br> Education Co.<br>| 12560 | 97973 |
|  | Al Rajhi Bank | 143679 | 4060960 |
|  | Al Yamamah Steel <br> Industries Co.<br>| 5821 | 57031 |
|  | Alamar Foods | 4350 | 56555 |
|  | Alandalus Property <br> Co.<br>| 9476 | 50529 |
|  | Alaseel Co. | 63346 | 60261 |
|  | Al-Dawaa Medical <br> Services Co.<br>| 7886 | 137774 |
|  | Aldrees Petroleum & <br> Transport Services <br> Co.<br>| 17459 | 714595 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Al-Etihad Cooperative <br> Insurance Co.<br>| 12241 | $35289 |
|  | Alinma Bank | 182002 | 1260206 |
|  | AlJazira Takaful <br> Ta'awuni Co.<br>| 14040 | 46296 |
|  | AlKhorayef Water & <br> Power Technologies <br> Co.<br>| 3510 | 140754 |
| \* | Allianz Saudi Fransi <br> Cooperative <br> Insurance Co.<br>| 11757 | 42824 |
|  | Almarai Co. JSC | 89044 | 1180563 |
|  | Alujain Corp. | 11647 | 99208 |
| \* | Amlak International <br> Finance Co.<br>| 8292 | 30737 |
| \* | Anaam International <br> Holding Group Co.<br>| 5064 | 20269 |
|  | Arab National Bank | 120306 | 778081 |
| \* | Arabia Insurance <br> Cooperative Co.<br>| 4637 | 13214 |
|  | Arabian Cement Co. | 17316 | 102219 |
| Ω | Arabian Centres Co. | 25688 | 150103 |
|  | Arabian Internet & <br> Communications <br> Services Co.<br>| 4461 | 299614 |
|  | Arabian Pipes Co. | 28040 | 42627 |
| \* | Arabian Shield <br> Cooperative <br> Insurance Co.<br>| 5123 | 17805 |
|  | Arriyadh Development <br> Co.<br>| 23530 | 184820 |
| \* | ARTEX Industrial <br> Investment Co.<br>| 16986 | 63583 |
|  | Astra Industrial Group <br> Co.<br>| 8086 | 320964 |
|  | Ataa Educational Co. | 1211 | 21805 |
|  | Bank AlBilad | 131708 | 1040703 |
| \* | Bank Al-Jazira | 178683 | 600922 |
|  | Banque Saudi Fransi | 132858 | 632277 |
|  | Basic Chemical <br> Industries Ltd.<br>| 3936 | 29424 |
|  | Bawan Co. | 9685 | 146007 |
|  | BinDawood Holding <br> Co.<br>| 82885 | 127092 |
|  | Bupa Arabia for <br> Cooperative <br> Insurance Co.<br>| 12408 | 543244 |
|  | Catrion Catering <br> Holding Co.<br>| 13997 | 360892 |
| \* | Chubb Arabia <br> Cooperative <br> Insurance Co.<br>| 3840 | 32956 |
|  | City Cement Co. | 27332 | 106202 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Co. for Cooperative <br> Insurance <br>| 15738 | $572154 |
|  | Dallah Healthcare Co. | 2932 | 120407 |
| \* | Dar Al Arkan Real <br> Estate Development <br> Co.<br>| 187611 | 864027 |
|  | Dr. Sulaiman Al Habib <br> Medical Services <br> Group Co.<br>| 8871 | 644530 |
|  | East Pipes Integrated <br> Co. for Industry<br>| 4748 | 184069 |
|  | Eastern Province <br> Cement Co.<br>| 17399 | 120071 |
|  | Electrical Industries <br> Co.<br>| 221800 | 683136 |
| \* | Emaar Economic City | 65967 | 223989 |
|  | Etihad Etisalat Co. | 121849 | 2198334 |
| \* | Fawaz Abdulaziz Al <br> Hokair & Co.<br>| 10423 | 67244 |
|  | First Milling Co. | 2137 | 30596 |
| \* | Fitaihi Holding Group | 53140 | 46035 |
|  | Gulf Insurance Group | 5785 | 38998 |
| \* | Gulf Union <br> Cooperative <br> Insurance Co.<br>| 11598 | 37144 |
| \* | Herfy Food Services <br> Co.<br>| 6369 | 35502 |
|  | Jarir Marketing Co. | 94840 | 359195 |
|  | Leejam Sports Co. <br> JSC<br>| 6450 | 220253 |
| \* | Lumi Rental Co. | 4377 | 73009 |
| \* | Mediterranean & Gulf <br> Cooperative <br> Insurance & <br> Reinsurance Co.<br>| 16980 | 69413 |
|  | Middle East <br> Healthcare Co.<br>| 8457 | 115348 |
| \* | Middle East Paper <br> Co.<br>| 16242 | 116917 |
|  | Middle East <br> Specialized Cables <br> Co.<br>| 7836 | 61246 |
|  | Mobile <br> Telecommunications <br> Co. Saudi Arabia<br>| 151525 | 463722 |
|  | Mouwasat Medical <br> Services Co.<br>| 10863 | 222657 |
|  | Nahdi Medical Co. | 8206 | 254033 |
| \* | Najran Cement Co. | 24708 | 49667 |
| \* | Nama Chemicals Co. | 1455 | 10118 |
| \* | National Agriculture <br> Development Co. <br>| 52908 | 294208 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | National Co. for Glass <br> Industries <br>| 7092 | $77149 |
|  | National Co. for <br> Learning & <br> Education<br>| 2634 | 121653 |
|  | National Gas & <br> Industrialization Co.<br>| 7898 | 187322 |
| \* | National <br> Industrialization Co.<br>| 121274 | 374121 |
|  | National Medical Care <br> Co.<br>| 3319 | 156825 |
| \* | National Metal <br> Manufacturing & <br> Casting Co.<br>| 3385 | 15007 |
|  | Nayifat Finance Co. | 3554 | 12589 |
|  | Northern Region <br> Cement Co.<br>| 31034 | 66411 |
| \* | Power & Water Utility <br> Co. for Jubail & <br> Yanbu<br>| 13716 | 154391 |
|  | Qassim Cement Co. | 15343 | 172448 |
| \* | Rabigh Refining & <br> Petrochemical Co.<br>| 68556 | 164140 |
| \* | Red Sea International <br> Co.<br>| 871 | 9421 |
|  | Retal Urban <br> Development Co.<br>| 22605 | 71100 |
|  | Riyad Bank | 151061 | 1096902 |
|  | Riyadh Cables Group <br> Co.<br>| 3109 | 117295 |
|  | Riyadh Cement Co. | 5504 | 38602 |
|  | SABIC Agri-Nutrients <br> Co.<br>| 24772 | 808805 |
|  | Sahara International <br> Petrochemical Co.<br>| 103655 | 522411 |
| \* | Saudi Arabian Amiantit <br> Co.<br>| 6391 | 34498 |
| \* | Saudi Arabian Mining <br> Co.<br>| 37616 | 646685 |
| Ω | Saudi Arabian Oil Co. | 250560 | 1731242 |
|  | Saudi Aramco Base <br> Oil Co.<br>| 11158 | 286731 |
|  | Saudi Automotive <br> Services Co.<br>| 12967 | 247933 |
|  | Saudi Awwal Bank | 103659 | 894419 |
|  | Saudi Basic Industries <br> Corp.<br>| 41059 | 668301 |
|  | Saudi Cement Co. | 23641 | 241262 |
|  | Saudi Ceramic Co. | 14470 | 118018 |
|  | Saudi Chemical Co. <br> Holding<br>| 63392 | 124696 |
|  | Saudi Electricity Co. | 54073 | 230836 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Saudi Industrial <br> Investment Group<br>| 58330 | $252604 |
|  | Saudi Investment <br> Bank <br>| 142290 | 521541 |
| \* | Saudi Kayan <br> Petrochemical Co.<br>| 229642 | 361129 |
| \* | Saudi Marketing Co. | 6069 | 26831 |
|  | Saudi National Bank  | 204061 | 2171323 |
|  | Saudi Paper <br> Manufacturing Co.<br>| 3589 | 51398 |
| \* | Saudi Pharmaceutical <br> Industries & Medical <br> Appliances Corp.<br>| 12952 | 104618 |
| \* | Saudi Public Transport <br> Co.<br>| 20899 | 70669 |
| \* | Saudi Real Estate <br> Co.<br>| 28937 | 111447 |
| \* | Saudi Reinsurance <br> Co.<br>| 23969 | 198602 |
| \* | Saudi Research & <br> Media Group<br>| 2673 | 122540 |
|  | Saudi Steel Pipe Co. | 5340 | 74115 |
|  | Saudi Tadawul Group <br> Holding Co.<br>| 1530 | 81246 |
|  | Saudi Telecom Co. | 92984 | 1120143 |
|  | Saudia Dairy & <br> Foodstuff Co.<br>| 4505 | 345249 |
| \* | Savola Group  | 16386 | 107532 |
|  | Scientific & Medical <br> Equipment House <br> Co.<br>| 2225 | 23341 |
| \* | Seera Group Holding | 71283 | 589892 |
| \* | Shams | 10219 | 43867 |
| \* | SHL Finance Co. | 7962 | 46192 |
| \* | Sinad Holding Co. | 25623 | 71539 |
|  | Southern Province <br> Cement Co.<br>| 16673 | 111203 |
|  | Sustained <br> Infrastructure <br> Holding Co.<br>| 14458 | 140904 |
|  | Tabuk Cement Co. | 20594 | 56061 |
| \* | Takween Advanced <br> Industries Co.<br>| 10887 | 20974 |
|  | Tanmiah Food Co. | 2597 | 54434 |
|  | Theeb Rent A Car <br> Co.<br>| 5300 | 92643 |
| \* | Umm Al-Qura Cement <br> Co.<br>| 10503 | 38589 |
|  | United Electronics <br> Co.<br>| 11089 | 262283 |
|  | United International <br> Transportation Co.<br>| 14273 | 281682 |
|  | United Wire Factories <br> Co.<br>| 3239 | 21559 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
| \* | Wafrah for Industry & <br> Development<br>| 1605 | $11415 |
| \* | Walaa Cooperative <br> Insurance Co.<br>| 17904 | 55812 |
| \* | Wataniya Insurance <br> Co.<br>| 11571 | 45251 |
|  | Yamama Cement Co. | 27549 | 201814 |
|  | Yanbu Cement Co. | 17524 | 75663 |
|  | Yanbu National <br> Petrochemical Co.<br>| 38412 | 353199 |
| TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA |  | 40981820 |
| SINGAPORE — (0.8%) | SINGAPORE — (0.8%) | SINGAPORE — (0.8%) | SINGAPORE — (0.8%) |
| \* | AEM Holdings Ltd. | 88476 | 128788 |
|  | Aztech Global Ltd. | 83500 | 43325 |
|  | Banyan Tree Holdings <br> Ltd.<br>| 83400 | 40330 |
|  | Boustead Singapore <br> Ltd.<br>| 176649 | 242570 |
|  | BRC Asia Ltd. | 18700 | 60566 |
|  | Bukit Sembawang <br> Estates Ltd.<br>| 39400 | 126841 |
|  | Capitaland India Trust | 234998 | 218349 |
|  | CapitaLand <br> Investment Ltd.<br>| 445300 | 902195 |
|  | Centurion Corp. Ltd. | 63400 | 69051 |
|  | China Aviation Oil <br> Singapore Corp. <br> Ltd.<br>| 87000 | 101548 |
|  | China Sunsine <br> Chemical Holdings <br> Ltd.<br>| 122400 | 69064 |
|  | City Developments <br> Ltd.<br>| 111600 | 619877 |
|  | ComfortDelGro Corp. <br> Ltd.<br>| 415000 | 465327 |
| \* | COSCO Shipping <br> International <br> Singapore Co. Ltd.<br>| 716400 | 66542 |
|  | CSE Global Ltd. | 160703 | 104171 |
|  | DBS Group Holdings <br> Ltd.<br>| 154414 | 6393126 |
|  | Delfi Ltd. | 102000 | 63463 |
|  | DFI Retail Group <br> Holdings Ltd.<br>| 61200 | 214722 |
| #\*†† | Ezion Holdings Ltd. | 794350 | 0 |
| #\*†† | Ezra Holdings Ltd. | 510429 | 0 |
|  | Far East Orchard Ltd. | 66719 | 63526 |
|  | First Resources Ltd. | 176500 | 265893 |
|  | Food Empire Holdings <br> Ltd.<br>| 81000 | 146771 |
|  | Fraser & Neave Ltd. | 85800 | 98147 |
|  | Frasers Property Ltd. | 112900 | 90988 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
| # | Frencken Group Ltd. | 123300 | $156029 |
| \* | Gallant Venture Ltd. | 211200 | 12168 |
| # | Genting Singapore <br> Ltd.<br>| 1207200 | 676694 |
|  | Geo Energy <br> Resources Ltd.<br>| 295000 | 109757 |
|  | Golden <br> Agri-Resources <br> Ltd.<br>| 2347900 | 505098 |
|  | GuocoLand Ltd. | 82500 | 137481 |
|  | Haw Par Corp. Ltd. | 41100 | 467297 |
|  | Ho Bee Land Ltd. | 67800 | 117162 |
|  | Hong Fok Corp. Ltd. | 103900 | 61441 |
|  | Hong Leong Asia Ltd. | 103800 | 192041 |
|  | Hong Leong Finance <br> Ltd.<br>| 84700 | 169819 |
|  | Hongkong Land <br> Holdings Ltd.<br>| 165600 | 1011869 |
|  | Hour Glass Ltd. | 68900 | 111147 |
|  | HRnetgroup Ltd. | 32200 | 18294 |
|  | Hutchison Port <br> Holdings Trust<br>| 1467000 | 308206 |
| \*†† | Hyflux Ltd. | 178500 | 0 |
|  | iFAST Corp. Ltd. | 32100 | 238767 |
|  | Indofood Agri <br> Resources Ltd.<br>| 169600 | 48138 |
|  | ISDN Holdings Ltd. | 74104 | 24214 |
|  | Jardine Cycle & <br> Carriage Ltd.<br>| 24933 | 622566 |
|  | Keppel Infrastructure <br> Trust<br>| 770273 | 272224 |
|  | Keppel Ltd. | 190800 | 1492122 |
|  | KSH Holdings Ltd. | 36300 | 11289 |
|  | LHN Ltd. | 39800 | 24943 |
|  | Low Keng Huat <br> Singapore Ltd.<br>| 46700 | 24720 |
|  | Mandarin Oriental <br> International Ltd.<br>| 23900 | 78312 |
|  | Marco Polo Marine <br> Ltd.<br>| 1450800 | 117157 |
| \* | Mermaid Maritime <br> PCL<br>| 106800 | 10264 |
|  | Metro Holdings Ltd. | 175700 | 72871 |
|  | Micro-Mechanics <br> Holdings Ltd.<br>| 3800 | 5192 |
| \*†† | Midas Holdings Ltd. | 408200 | 0 |
|  | Nanofilm Technologies <br> International Ltd.<br>| 62800 | 33480 |
|  | Netlink NBN Trust | 600100 | 451762 |
|  | OKP Holdings Ltd. | 12500 | 9296 |
|  | Olam Group Ltd. | 278245 | 209659 |
|  | OUE Ltd. | 86100 | 84698 |
|  | Oversea-Chinese <br> Banking Corp. Ltd.<br>| 182911 | 2392732 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
| \* | Oxley Holdings Ltd. | 126000 | $9565 |
|  | Pacific Century <br> Regional <br> Developments Ltd.<br>| 64700 | 22121 |
|  | Pan-United Corp. Ltd. | 70025 | 60201 |
|  | Propnex Ltd. | 58500 | 100698 |
|  | Q&M Dental Group <br> Singapore Ltd.<br>| 52200 | 21444 |
|  | QAF Ltd. | 86800 | 59714 |
|  | Raffles Medical Group <br> Ltd.<br>| 80110 | 60957 |
| \* | Rex International <br> Holding Ltd.<br>| 260800 | 33526 |
| # | Riverstone Holdings <br> Ltd.<br>| 161000 | 111301 |
|  | Samudera Shipping <br> Line Ltd.<br>| 95100 | 70847 |
|  | SATS Ltd. | 264229 | 693917 |
|  | SBS Transit Ltd. | 21100 | 51671 |
|  | Seatrium Ltd. | 486156 | 811023 |
|  | Sembcorp Industries <br> Ltd.<br>| 238396 | 1194494 |
|  | Sheng Siong Group <br> Ltd.<br>| 252400 | 449714 |
|  | SIA Engineering Co. <br> Ltd.<br>| 26200 | 71074 |
|  | Sing Investments & <br> Finance Ltd.<br>| 8500 | 10444 |
|  | Singapore Airlines <br> Ltd.<br>| 350750 | 1785499 |
|  | Singapore Exchange <br> Ltd.<br>| 115100 | 1493486 |
|  | Singapore Land <br> Group Ltd.<br>| 47800 | 113124 |
| # | Singapore Post Ltd. | 412400 | 133231 |
|  | Singapore <br> Technologies <br> Engineering Ltd.<br>| 190300 | 1239815 |
|  | Singapore <br> Telecommunications <br> Ltd.<br>| 71900 | 234685 |
|  | Stamford Land Corp. <br> Ltd.<br>| 115570 | 44412 |
|  | StarHub Ltd. | 159500 | 142095 |
|  | Straits Trading Co. <br> Ltd.<br>| 57015 | 73593 |
| \*†† | Swiber Holdings Ltd. | 29250 | 0 |
|  | Tai Sin Electric Ltd. | 50690 | 25313 |
| \* | Thomson Medical <br> Group Ltd.<br>| 518900 | 23495 |
|  | Tuan Sing Holdings <br> Ltd.<br>| 239344 | 63516 |
|  | UMS Integration Ltd. | 120500 | 136846 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | United Overseas Bank <br> Ltd.<br>| 140716 | $3742687 |
|  | UOB-Kay Hian <br> Holdings Ltd.<br>| 124289 | 233661 |
|  | UOL Group Ltd. | 138700 | 847348 |
|  | Valuetronics Holdings <br> Ltd.<br>| 150680 | 98925 |
|  | Venture Corp. Ltd. | 79600 | 910926 |
|  | Vicom Ltd. | 51600 | 63014 |
|  | Wee Hur Holdings <br> Ltd.<br>| 152000 | 84389 |
|  | Wilmar International <br> Ltd.<br>| 215800 | 518591 |
|  | Wing Tai Holdings <br> Ltd.<br>| 117600 | 129262 |
|  | Yangzijiang <br> Shipbuilding <br> Holdings Ltd.<br>| 565000 | 1525927 |
| TOTAL SINGAPORE | TOTAL SINGAPORE |  | 38370640 |
| SOUTH AFRICA — (1.1%) | SOUTH AFRICA — (1.1%) | SOUTH AFRICA — (1.1%) | SOUTH AFRICA — (1.1%) |
|  | Absa Group Ltd. | 98437 | 1099923 |
|  | Adcock Ingram <br> Holdings Ltd.<br>| 19437 | 83930 |
|  | Advtech Ltd. | 210953 | 430103 |
|  | AECI Ltd. | 32353 | 166828 |
|  | African Rainbow <br> Minerals Ltd.<br>| 36211 | 359612 |
|  | Afrimat Ltd. | 36493 | 95699 |
|  | Alexander Forbes <br> Group Holdings <br> Ltd.<br>| 103166 | 48884 |
|  | Altron Ltd., Class A | 77934 | 82648 |
|  | Anglogold Ashanti <br> PLC (AU US)<br>| 43909 | 2985812 |
|  | Aspen Pharmacare <br> Holdings Ltd.<br>| 69610 | 394275 |
|  | Astral Foods Ltd. | 12343 | 159308 |
|  | AVI Ltd. | 86126 | 478931 |
|  | Barloworld Ltd. | 59080 | 407274 |
|  | Bid Corp. Ltd. | 36506 | 903676 |
|  | Bidvest Group Ltd. | 82477 | 1072889 |
| \* | Blu Label Unlimited <br> Group Ltd.<br>| 171980 | 122737 |
| \* | Brait PLC | 778696 | 95917 |
|  | Capitec Bank <br> Holdings Ltd.<br>| 4226 | 934992 |
|  | Cashbuild Ltd. | 4820 | 38350 |
|  | Caxton & CTP <br> Publishers & <br> Printers Ltd.<br>| 20130 | 15398 |
|  | City Lodge Hotels <br> Ltd.<br>| 132868 | 31418 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |
|  | Clicks Group Ltd. | 58060 | $1224194 |
|  | Coronation Fund <br> Managers Ltd.<br>| 58134 | 165030 |
|  | Curro Holdings Ltd. | 122513 | 93485 |
|  | DataTec Ltd. | 93935 | 389594 |
| Ω | Dis-Chem Pharmacies <br> Ltd.<br>| 170510 | 333530 |
|  | Discovery Ltd. | 50002 | 628214 |
|  | DRDGOLD Ltd. (DRD <br> SJ)<br>| 58676 | 148189 |
|  | DRDGOLD Ltd. (DRD <br> US), Sponsored <br> ADR<br>| 5253 | 132533 |
|  | Exxaro Resources <br> Ltd.<br>| 75089 | 764746 |
|  | Famous Brands Ltd. | 27176 | 85032 |
|  | FirstRand Ltd. | 199117 | 944989 |
|  | Foschini Group Ltd. | 115901 | 615231 |
| # | Gold Fields Ltd. (GFI <br> US), Sponsored <br> ADR<br>| 64735 | 2486471 |
| # | Grindrod Ltd. | 223994 | 218904 |
|  | Harmony Gold Mining <br> Co. Ltd. (HAR SJ)<br>| 114674 | 1908011 |
|  | Hudaco Industries <br> Ltd.<br>| 11881 | 121572 |
|  | Impala Platinum <br> Holdings Ltd.<br>| 170770 | 1830138 |
|  | Investec Ltd. | 23379 | 176010 |
| \* | iOCO Ltd. | 46791 | 11332 |
|  | Italtile Ltd. | 141325 | 75153 |
|  | JSE Ltd. | 11530 | 93691 |
| \* | KAP Ltd. | 842526 | 79974 |
|  | Kumba Iron Ore Ltd. | 17118 | 340923 |
|  | Lewis Group Ltd. | 16228 | 78255 |
|  | Life Healthcare Group <br> Holdings Ltd.<br>| 419003 | 286826 |
|  | Merafe Resources <br> Ltd.<br>| 516286 | 32754 |
| \* | Metair Investments <br> Ltd.<br>| 63223 | 24124 |
|  | Momentum Group <br> Ltd.<br>| 546915 | 1052970 |
|  | Motus Holdings Ltd. | 71205 | 429057 |
|  | Mpact Ltd. | 38245 | 51626 |
|  | Mr. Price Group Ltd. | 69052 | 825022 |
|  | MTN Group Ltd. | 378278 | 3779191 |
| \* | Nampak Ltd. | 1896 | 52614 |
|  | Naspers Ltd., Class N | 22655 | 1591197 |
|  | Nedbank Group Ltd. | 81652 | 1113144 |
|  | NEPI Rockcastle NV | 79219 | 642445 |
|  | Netcare Ltd. | 453887 | 382779 |
|  | Ninety One Ltd. | 77978 | 232020 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |
|  | Northam Platinum <br> Holdings Ltd.<br>| 79914 | $1334617 |
| \* | Nutun Ltd. | 346149 | 19183 |
|  | Oceana Group Ltd. | 30936 | 87326 |
|  | Old Mutual Ltd. (OMU <br> LN)<br>| 826005 | 638232 |
|  | Old Mutual Ltd. (OMU <br> SJ)<br>| 637297 | 498337 |
|  | Omnia Holdings Ltd. | 56578 | 248766 |
|  | OUTsurance Group <br> Ltd.<br>| 164462 | 692104 |
| Ω | Pepkor Holdings Ltd. | 702286 | 1070789 |
| \* | Pick n Pay Stores <br> Ltd.<br>| 140360 | 229124 |
|  | PPC Ltd. | 392022 | 124358 |
|  | Premier Group Ltd. | 7268 | 67731 |
|  | PSG Financial <br> Services Ltd.<br>| 277462 | 394365 |
|  | Raubex Group Ltd. | 64999 | 155348 |
|  | Reunert Ltd. | 44962 | 144912 |
|  | RFG Holdings Ltd. | 59205 | 73581 |
|  | Sanlam Ltd. | 71935 | 377485 |
|  | Santam Ltd. | 12051 | 287462 |
|  | Sappi Ltd. | 101013 | 132352 |
| \* | Sasol Ltd. (SOL SJ) | 89066 | 557248 |
| #\* | Sasol Ltd. (SSL US), <br> Sponsored ADR<br>| 12236 | 77454 |
|  | Shoprite Holdings <br> Ltd.<br>| 45928 | 768222 |
| \* | Sibanye Stillwater Ltd. <br> (SBSW US), ADR<br>| 9956 | 105140 |
| \* | Sibanye Stillwater Ltd. <br> (SSW SJ)<br>| 935357 | 2482156 |
|  | Southern Sun Ltd. | 209364 | 111159 |
| \* | SPAR Group Ltd.  | 59123 | 371853 |
|  | Spur Corp. Ltd. | 22560 | 46952 |
|  | Stadio Holdings Ltd. | 56617 | 36290 |
|  | Standard Bank Group <br> Ltd.<br>| 130345 | 1916702 |
|  | Sun International Ltd. | 72915 | 163172 |
|  | Super Group Ltd. | 83541 | 77375 |
|  | Telkom SA SOC Ltd. | 68336 | 191146 |
|  | Thungela Resources <br> Ltd. (TGA LN)<br>| 4110 | 18358 |
|  | Thungela Resources <br> Ltd. (TGA SJ)<br>| 36148 | 159730 |
|  | Tiger Brands Ltd. | 26481 | 501107 |
|  | Truworths <br> International Ltd.<br>| 81679 | 244608 |
|  | Tsogo Sun Ltd. | 161801 | 66052 |
|  | Valterra Platinum Ltd. | 20029 | 1228392 |
|  | Vodacom Group Ltd. | 51605 | 417756 |
|  | We Buy Cars <br> Holdings Ltd.<br>| 23946 | 63501 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |
|  | Wilson Bayly <br> Holmes-Ovcon Ltd.<br>| 20879 | $182301 |
|  | Woolworths Holdings <br> Ltd.<br>| 236348 | 713620 |
|  | Zeda Ltd. | 84625 | 59996 |
| TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA |  | 50585936 |
| SOUTH KOREA — (3.9%) | SOUTH KOREA — (3.9%) | SOUTH KOREA — (3.9%) | SOUTH KOREA — (3.9%) |
| \* | 3S Korea Co. Ltd. | 8971 | 11126 |
|  | ABOV Semiconductor <br> Co. Ltd.<br>| 2876 | 25274 |
| \* | ADTechnology Co. <br> Ltd.<br>| 1392 | 25622 |
|  | Advanced Nano <br> Products Co. Ltd.<br>| 1086 | 50060 |
|  | Advanced Process <br> Systems Corp.<br>| 4460 | 62084 |
|  | Aekyung Chemical <br> Co. Ltd.<br>| 5635 | 43176 |
|  | Aekyung Industrial Co. <br> Ltd.<br>| 3212 | 31540 |
| \* | AeroSpace <br> Technology of <br> Korea, Inc.<br>| 32180 | 12079 |
| #\* | Agabang & Co. | 8356 | 26730 |
|  | Ahnlab, Inc. | 1142 | 48647 |
| \* | Air Busan Co. Ltd. | 27505 | 35314 |
|  | AJ Networks Co. Ltd. | 7148 | 21555 |
|  | Ajin Industrial Co. <br> Ltd.<br>| 8820 | 20343 |
| \* | Alteogen, Inc. | 1363 | 465900 |
| \* | ALUKO Co. Ltd. | 22513 | 32409 |
| \* | Amicogen, Inc. | 2692 | 5736 |
|  | Amorepacific Corp. | 1943 | 164567 |
|  | Amorepacific Holdings <br> Corp.<br>| 8898 | 158364 |
| \* | Ananti, Inc. | 12333 | 66539 |
| \* | Anapass, Inc. | 2227 | 27540 |
|  | ANIPLUS, Inc. | 5838 | 15311 |
| \* | Anterogen Co. Ltd. | 1096 | 17333 |
|  | Aplus Asset Advisor <br> Co. Ltd.<br>| 3126 | 13657 |
|  | Asia Cement Co. Ltd. | 5003 | 42810 |
|  | ASIA Holdings Co. <br> Ltd.<br>| 309 | 77182 |
| \* | Asia Pacific Satellite, <br> Inc.<br>| 2881 | 25130 |
|  | Asia Paper <br> Manufacturing Co. <br> Ltd.<br>| 10825 | 56020 |
|  | Atec Co. Ltd. | 1583 | 12366 |
|  | ATON, Inc. | 5667 | 26579 |
|  | Avaco Co. Ltd. | 1894 | 20794 |
|  | Baiksan Co. Ltd. | 3840 | 36304 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | BGF Co. Ltd. | 10500 | $28018 |
|  | BGF retail Co. Ltd. | 2780 | 201995 |
|  | BH Co. Ltd. | 6408 | 82325 |
| \* | BHI Co. Ltd. | 3395 | 120244 |
|  | Binggrae Co. Ltd. | 2019 | 102311 |
|  | Bio Plus Co. Ltd. | 8987 | 39340 |
| \* | Bioneer Corp. | 1247 | 13548 |
|  | BioNote, Inc. | 13217 | 51054 |
| \* | BNC Korea Co. Ltd. | 5296 | 18821 |
|  | BNK Financial Group, <br> Inc.<br>| 51937 | 502789 |
|  | Boditech Med, Inc. | 4479 | 42620 |
|  | Bookook Securities <br> Co. Ltd.<br>| 464 | 22038 |
|  | Boryung | 6725 | 41642 |
| \* | Bosung Power <br> Technology Co. <br> Ltd.<br>| 7124 | 26622 |
| \* | Bukwang <br> Pharmaceutical Co. <br> Ltd.<br>| 8261 | 21392 |
|  | BYC Co. Ltd. | 470 | 12377 |
|  | Byucksan Corp. | 18048 | 22090 |
|  | C&C International Co. <br> Ltd.<br>| 1247 | 32818 |
|  | C&G Hi Tech Co. Ltd. | 1160 | 12932 |
| \* | Cafe24 Corp. | 4837 | 121381 |
|  | Cape Industries Ltd. | 3880 | 38323 |
|  | Caregen Co. Ltd. | 3620 | 164578 |
| \* | Celltrion Pharm, Inc. | 1516 | 67737 |
|  | Celltrion, Inc. | 1915 | 235709 |
| \* | Chabiotech Co. Ltd. | 4278 | 36880 |
|  | Cheil Worldwide, Inc. | 21981 | 313684 |
|  | Chemtronics Co. Ltd. | 4706 | 114885 |
|  | Cheryong Electric Co. <br> Ltd.<br>| 3612 | 98144 |
|  | Chips&Media, Inc. | 2169 | 24725 |
| \* | Choil Aluminum Co. <br> Ltd.<br>| 12350 | 11566 |
|  | Chong Kun Dang <br> Pharmaceutical <br> Corp.<br>| 2553 | 148202 |
|  | Chongkundang <br> Holdings Corp.<br>| 933 | 29589 |
| \* | Chorokbaem Media <br> Co. Ltd.<br>| 4292 | 16299 |
| \* | Chunbo Co. Ltd. | 698 | 35234 |
| \* | CJ CGV Co. Ltd. | 30055 | 105276 |
|  | CJ CheilJedang Corp. | 2562 | 412025 |
|  | CJ Corp. | 3977 | 475763 |
| \* | CJ ENM Co. Ltd. | 3597 | 176856 |
|  | CJ Freshway Corp. | 1953 | 34236 |
|  | CJ Logistics Corp. | 2870 | 165711 |
|  | Classys, Inc. | 4375 | 151040 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | CLIO Cosmetics Co. <br> Ltd.<br>| 2078 | $20816 |
| \* | CMG Pharmaceutical <br> Co. Ltd.<br>| 12199 | 15436 |
| \* | Com2uS Holdings <br> Corp.<br>| 1562 | 22007 |
|  | Com2uSCorp | 2466 | 58919 |
|  | Coocon Corp. | 1967 | 48466 |
|  | Cosmax, Inc. | 2726 | 390361 |
|  | Cosmecca Korea Co. <br> Ltd.<br>| 2026 | 93843 |
| #\* | CosmoAM&T Co. Ltd. | 2627 | 101984 |
| \* | Cosmochemical Co. <br> Ltd.<br>| 2450 | 33108 |
|  | Coway Co. Ltd. | 14873 | 930005 |
|  | Cowintech Co. Ltd. | 2594 | 31205 |
|  | CR Holdings Co. Ltd. | 9178 | 31008 |
| \* | Creative & Innovative <br> System<br>| 8029 | 42555 |
|  | Creverse, Inc. | 1783 | 16044 |
|  | CS Wind Corp. | 7891 | 240981 |
| \* | CTC BIO, Inc. | 2718 | 9812 |
| \* | Cube Entertainment, <br> Inc.<br>| 3035 | 31052 |
|  | Cuckoo Holdings Co. <br> Ltd.<br>| 2711 | 54627 |
|  | Cuckoo Homesys Co. <br> Ltd.<br>| 2145 | 34603 |
| \*†† | DA Technology Co. <br> Ltd.<br>| 42635 | 1137 |
|  | Dae Hwa <br> Pharmaceutical Co. <br> Ltd.<br>| 1666 | 19151 |
|  | Dae Won Kang Up <br> Co. Ltd.<br>| 14591 | 42970 |
| \* | Daea TI Co. Ltd. | 7559 | 21458 |
|  | Daebongls Co. Ltd. | 1145 | 9774 |
|  | Daedong Corp. | 5933 | 40512 |
|  | Daeduck Co. Ltd. | 8124 | 51944 |
|  | Daeduck Electronics <br> Co. Ltd.<br>| 9245 | 244976 |
|  | Daehan Flour Mill Co. <br> Ltd.<br>| 427 | 41498 |
|  | Daehan Steel Co. <br> Ltd.<br>| 4935 | 51055 |
| \* | Dae-Il Corp. | 7233 | 25019 |
|  | Daejoo Electronic <br> Materials Co. Ltd.<br>| 1263 | 66793 |
|  | Daesang Corp. | 6805 | 99422 |
|  | Daesang Holdings Co. <br> Ltd.<br>| 5349 | 34665 |
| \* | Daewon Cable Co. <br> Ltd.<br>| 18604 | 47477 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Daewon <br> Pharmaceutical Co. <br> Ltd.<br>| 2806 | $25619 |
|  | Daewon San Up Co. <br> Ltd.<br>| 1753 | 13916 |
| \* | Daewoo Engineering <br> & Construction Co. <br> Ltd.<br>| 56784 | 148945 |
|  | Daewoong Co. Ltd. | 7404 | 112344 |
|  | Daewoong <br> Pharmaceutical Co. <br> Ltd.<br>| 1598 | 156419 |
|  | Daihan <br> Pharmaceutical Co. <br> Ltd.<br>| 2113 | 43065 |
|  | Daishin Securities Co. <br> Ltd.<br>| 13391 | 272948 |
| \* | Danal Co. Ltd. | 3935 | 22207 |
|  | Daol Investment & <br> Securities Co. Ltd.<br>| 15202 | 38574 |
|  | Daou Data Corp. | 5550 | 68315 |
|  | Daou Technology, <br> Inc.<br>| 8443 | 230668 |
| \* | Dasan Networks, Inc. | 6363 | 14583 |
| \* | Dawonsys Co. Ltd. | 11170 | 29638 |
|  | DB HiTek Co. Ltd. | 12273 | 504183 |
|  | DB Insurance Co. <br> Ltd.<br>| 17100 | 1519911 |
|  | DB Securities Co. <br> Ltd.<br>| 14665 | 103957 |
| \* | DB, Inc. | 39902 | 40721 |
| \* | DE&T Co. Ltd. | 2898 | 12801 |
|  | Dear U Co. Ltd. | 1276 | 34218 |
|  | Dentium Co. Ltd. | 1780 | 71066 |
|  | Deutsch Motors, Inc. | 7502 | 23495 |
|  | DI Dong Il Corp. | 4489 | 56904 |
|  | Digital Daesung Co. <br> Ltd.<br>| 6676 | 32202 |
| \* | DIO Corp. | 852 | 10038 |
|  | DIT Corp. | 1046 | 11162 |
| \*†† | DKME | 105049 | 27649 |
|  | DL E&C Co. Ltd. | 10306 | 308296 |
|  | DL Holdings Co. Ltd. | 3621 | 98755 |
| \* | DMOA Co. Ltd. | 728 | 3052 |
| †† | DMS Co. Ltd. | 5594 | 9321 |
|  | DN Automotive Corp. | 7066 | 115258 |
|  | Dohwa Engineering <br> Co. Ltd.<br>| 3950 | 16896 |
|  | Dong-A Socio <br> Holdings Co. Ltd.<br>| 1198 | 91193 |
|  | Dong-A ST Co. Ltd. | 1282 | 43953 |
|  | Dong-Ah Geological <br> Engineering Co. <br> Ltd.<br>| 1178 | 11897 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Dongbang Transport <br> Logistics Co. Ltd.<br>| 10462 | $20388 |
|  | Dongjin Semichem <br> Co. Ltd.<br>| 13873 | 414567 |
|  | Dongkoo Bio & <br> Pharma Co. Ltd.<br>| 5343 | 20121 |
|  | DongKook <br> Pharmaceutical Co. <br> Ltd.<br>| 6141 | 76122 |
|  | Dongkuk Holdings Co. <br> Ltd.<br>| 8416 | 43134 |
|  | Dongkuk Industries <br> Co. Ltd.<br>| 8871 | 18577 |
|  | Dongkuk Steel Mill <br> Co. Ltd.<br>| 11447 | 68286 |
|  | Dongsuh Cos., Inc. | 4203 | 79551 |
|  | Dongsung Chemical <br> Co. Ltd.<br>| 11041 | 30986 |
|  | Dongsung Finetec Co. <br> Ltd.<br>| 5503 | 122632 |
| \* | Dongwha Enterprise <br> Co. Ltd.<br>| 5938 | 41290 |
|  | Dongwha Pharm Co. <br> Ltd.<br>| 7024 | 30841 |
|  | Dongwon <br> Development Co. <br> Ltd.<br>| 15011 | 27274 |
|  | Dongwon Industries <br> Co. Ltd.<br>| 1828 | 62067 |
|  | Dongwon Systems <br> Corp.<br>| 1450 | 28447 |
|  | Dongwoon Anatech <br> Co. Ltd.<br>| 5517 | 64950 |
|  | Dongyang E&P, Inc. | 2542 | 38159 |
|  | Doosan Bobcat, Inc. | 17671 | 745948 |
|  | Doosan Co. Ltd. | 616 | 407031 |
| \* | Doosan Enerbility Co. <br> Ltd.<br>| 6197 | 383539 |
| \* | Doosan Fuel Cell Co. <br> Ltd.<br>| 3564 | 106430 |
|  | Doosan Tesna, Inc. | 4201 | 147263 |
|  | DoubleUGames Co. <br> Ltd.<br>| 4704 | 165515 |
| # | Douzone Bizon Co. <br> Ltd.<br>| 5864 | 366297 |
| \* | Dream Security Co. <br> Ltd.<br>| 7102 | 16597 |
|  | Dreamtech Co. Ltd. | 5485 | 24573 |
| \* | DS Dansuk Co. Ltd. | 1482 | 20972 |
| \* | Duk San Neolux Co. <br> Ltd.<br>| 2940 | 86631 |
| \* | Duksan Techopia Co. <br> Ltd.<br>| 2125 | 30924 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Easy Holdings Co. <br> Ltd.<br>| 13163 | $34874 |
|  | Echo Marketing, Inc. | 5179 | 42046 |
|  | Ecoplastic Corp. | 6572 | 14885 |
| \* | Ecopro BM Co. Ltd. | 1140 | 127557 |
| # | Ecopro Co. Ltd. | 2818 | 173538 |
| \* | Edge Foundry Co. <br> Ltd.<br>| 15822 | 20353 |
| # | E-MART, Inc. | 6280 | 318105 |
| \* | EMKOREA Co. Ltd. | 2739 | 4208 |
| \* | EMRO, Inc. | 1072 | 33425 |
| \* | EM-Tech Co. Ltd. | 2013 | 13159 |
| \* | Enchem Co. Ltd. | 429 | 25764 |
|  | ENF Technology Co. <br> Ltd.<br>| 3528 | 122337 |
|  | Eo Technics Co. Ltd. | 453 | 74504 |
| \* | Eubiologics Co. Ltd. | 8107 | 70185 |
|  | Eugene Corp. | 13140 | 30830 |
|  | Eugene Investment & <br> Securities Co. Ltd.<br>| 29071 | 75937 |
|  | Eugene Technology <br> Co. Ltd.<br>| 2636 | 174768 |
| \* | EV Advanced Material <br> Co. Ltd.<br>| 19265 | 23608 |
| \* | Exem Co. Ltd. | 11150 | 16920 |
|  | Exicon Co. Ltd. | 1331 | 14905 |
|  | F&F Co. Ltd. | 5079 | 218364 |
|  | FarmStory Co. Ltd. | 12597 | 10587 |
| \* | Fine M-Tec Co. Ltd. | 1751 | 10689 |
| \* | Fine Semitech Corp. | 1745 | 44700 |
| \* | Foosung Co. Ltd. | 7102 | 44219 |
|  | Fursys, Inc. | 122 | 3895 |
|  | Gabia, Inc. | 2918 | 55421 |
| \* | GAEASOFT | 3889 | 19094 |
| \* | GAMSUNG Corp. Co. <br> Ltd.<br>| 23154 | 82317 |
| \* | Gaon Cable Co. Ltd. | 827 | 48494 |
| \* | GC Cell Corp. | 2484 | 39954 |
| \* | GeneOne Life <br> Science, Inc.<br>| 13833 | 20402 |
| \* | Genexine, Inc. | 9960 | 36197 |
|  | Geumhwa PSC Co. <br> Ltd.<br>| 1120 | 24976 |
|  | Global Standard <br> Technology Co. <br> Ltd.<br>| 4658 | 83887 |
| \* | Global Tax Free Co. <br> Ltd.<br>| 7749 | 30614 |
| \* | GnBS eco Co. Ltd. | 6666 | 13546 |
|  | GnCenergy Co. Ltd. | 2347 | 66667 |
|  | GOLFZON Co. Ltd. | 1513 | 62996 |
|  | Golfzon Holdings Co. <br> Ltd.<br>| 8068 | 29998 |
|  | Gradiant Corp. | 3293 | 29459 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Grand Korea Leisure <br> Co. Ltd.<br>| 7194 | $78146 |
|  | Green Cross Corp. | 1161 | 105505 |
|  | Green Cross Holdings <br> Corp.<br>| 7467 | 82517 |
|  | GS Engineering & <br> Construction Corp.<br>| 23367 | 306031 |
|  | GS Global Corp. | 12493 | 21502 |
|  | GS Holdings Corp. <br> (078930 KS)<br>| 15469 | 519936 |
| \* | GS P&L Co. Ltd. | 2829 | 76039 |
|  | GS Retail Co. Ltd. | 12037 | 149604 |
|  | Gwangju Shinsegae <br> Co. Ltd.<br>| 772 | 16331 |
|  | HAESUNG DS Co. <br> Ltd.<br>| 3712 | 133807 |
|  | Haesung Industrial <br> Co. Ltd.<br>| 5401 | 27840 |
|  | Han Kuk Carbon Co. <br> Ltd.<br>| 4216 | 108251 |
|  | Hana Financial Group, <br> Inc.<br>| 59584 | 3569592 |
|  | Hana Materials, Inc. | 1578 | 45325 |
|  | Hana Micron, Inc. | 18720 | 383813 |
| \* | Hana Technology Co. <br> Ltd.<br>| 1185 | 25066 |
|  | Hana Tour Service, <br> Inc.<br>| 3782 | 126387 |
| \* | Hanall Biopharma Co. <br> Ltd.<br>| 2003 | 58082 |
|  | Hancom, Inc. | 3657 | 63544 |
|  | Handok, Inc. | 3747 | 29963 |
|  | Handsome Co. Ltd. | 2796 | 28776 |
|  | Hanil Cement Co. <br> Ltd.<br>| 6019 | 74536 |
|  | Hanil Feed Co. Ltd. | 5105 | 11487 |
|  | Hanil Holdings Co. <br> Ltd.<br>| 2428 | 27572 |
|  | Hanjin Kal Corp. | 2220 | 162936 |
|  | Hanjin Logistics Corp. | 3824 | 53643 |
|  | Hankook Cosmetics <br> Manufacturing Co. <br> Ltd.<br>| 653 | 24686 |
|  | Hankook Shell Oil Co. <br> Ltd.<br>| 197 | 60909 |
|  | Hankook Tire & <br> Technology Co. <br> Ltd.<br>| 22292 | 723766 |
| # | Hanmi Pharm Co. <br> Ltd.<br>| 1163 | 345963 |
|  | Hanmi Science Co. <br> Ltd.<br>| 1500 | 41381 |
| # | Hanmi Semiconductor <br> Co. Ltd.<br>| 7894 | 789420 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | HanmiGlobal Co. Ltd. | 2624 | $37467 |
|  | Hannong Chemicals, <br> Inc.<br>| 1763 | 19469 |
| \* | Hanon Systems | 49707 | 151868 |
|  | Hansae Co. Ltd. | 3866 | 28636 |
|  | Hansol Chemical Co. <br> Ltd.<br>| 2668 | 433565 |
| \* | Hansol IONES Co. <br> Ltd.<br>| 3514 | 32471 |
|  | Hansol Paper Co. <br> Ltd.<br>| 6734 | 38402 |
|  | Hansol Technics Co. <br> Ltd.<br>| 10714 | 48874 |
|  | Hanssem Co. Ltd. | 2446 | 79723 |
|  | Hanwha Aerospace <br> Co. Ltd.<br>| 3213 | 2203876 |
| # | Hanwha Corp. | 9985 | 667838 |
| \* | Hanwha Engine | 6198 | 214733 |
| \* | Hanwha Galleria <br> Corp.<br>| 40145 | 30149 |
| \* | Hanwha General <br> Insurance Co. Ltd.<br>| 13725 | 52118 |
| \* | Hanwha Investment & <br> Securities Co. Ltd.<br>| 53198 | 199066 |
| \* | Hanwha Life <br> Insurance Co. Ltd.<br>| 60389 | 128227 |
| # | Hanwha Solutions <br> Corp.<br>| 28263 | 604304 |
|  | Hanwha Systems Co. <br> Ltd.<br>| 4611 | 193578 |
| #\* | Hanwha Vision Co. <br> Ltd.<br>| 6135 | 215882 |
|  | Hanyang Eng Co. <br> Ltd.<br>| 4895 | 69166 |
|  | Hanyang Securities <br> Co. Ltd.<br>| 4400 | 58609 |
| \* | Harim Co. Ltd. | 15284 | 30884 |
|  | Harim Holdings Co. <br> Ltd.<br>| 16285 | 84403 |
|  | HB SOLUTION Co. <br> Ltd.<br>| 5300 | 9450 |
|  | HB Technology Co. <br> Ltd.<br>| 17310 | 24066 |
|  | HD Hyundai Co. Ltd. | 10785 | 1549083 |
|  | HD Hyundai <br> Construction <br> Equipment Co. Ltd.<br>| 3280 | 229750 |
|  | HD Hyundai Electric <br> Co. Ltd.<br>| 3703 | 2249743 |
| \* | HD Hyundai Energy <br> Solutions Co. Ltd.<br>| 1474 | 58559 |
|  | HD Hyundai Heavy <br> Industries Co. Ltd.<br>| 408 | 171817 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | HD Hyundai Infracore <br> Co. Ltd.<br>| 23557 | $251326 |
|  | HD Hyundai Mipo | 1060 | 179556 |
|  | HD Korea <br> Shipbuilding & <br> Offshore <br> Engineering Co. <br> Ltd.<br>| 1446 | 480622 |
|  | HDC Holdings Co. <br> Ltd.<br>| 10850 | 140016 |
|  | HDC Hyundai <br> Development <br> Co-Engineering & <br> Construction<br>| 10674 | 144182 |
| \* | HD-Hyundai Marine <br> Engine<br>| 1500 | 104393 |
|  | Hecto Innovation Co. <br> Ltd.<br>| 2233 | 25330 |
| \* | Helixmith Co. Ltd. | 9323 | 34639 |
| \* | Heung-A Shipping Co. <br> Ltd.<br>| 14992 | 18306 |
| \* | HFR, Inc. | 1358 | 16350 |
|  | High Tech Pharm Co. <br> Ltd.<br>| 1829 | 16118 |
|  | Hite Jinro Co. Ltd. | 9755 | 128807 |
| #\* | HJ Shipbuilding & <br> Construction Co. <br> Ltd.<br>| 3879 | 76624 |
|  | HK inno N Corp. | 3751 | 129913 |
|  | HL Holdings Corp. | 2082 | 59120 |
|  | HL Mando Co. Ltd. | 11019 | 297096 |
| \* | HLB Biostep Co. Ltd. | 24245 | 20912 |
| \* | HLB Global Co. Ltd. | 7402 | 10768 |
| \* | Hlb Pharma Ceutical <br> Co. Ltd.<br>| 1309 | 14096 |
| \* | HLB Therapeutics Co. <br> Ltd.<br>| 9528 | 22270 |
| \* | HLB, Inc. | 3435 | 116913 |
|  | HMM Co. Ltd. | 38324 | 551818 |
| \* | Hotel Shilla Co. Ltd. | 3047 | 103902 |
| # | HPSP Co. Ltd. | 12588 | 303569 |
|  | HS Hyosung <br> Advanced Materials <br> Corp.<br>| 831 | 107782 |
| #\* | HS Hyosung Corp. | 549 | 22374 |
|  | HS Industries Co. <br> Ltd.<br>| 9817 | 27450 |
| \* | Hugel, Inc. | 1197 | 219634 |
| \* | Humasis Co. Ltd. | 40970 | 35135 |
|  | Humedix Co. Ltd. | 2688 | 94601 |
|  | Huons Co. Ltd. | 2307 | 47285 |
|  | Huons Global Co. <br> Ltd.<br>| 1169 | 44683 |
|  | Husteel Co. Ltd. | 10980 | 31531 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Hwa Shin Co. Ltd. | 5887 | $36288 |
|  | Hwaseung Enterprise <br> Co. Ltd.<br>| 4866 | 17379 |
| # | HYBE Co. Ltd. | 772 | 184413 |
|  | Hy-Lok Corp. | 2141 | 55812 |
|  | Hyosung Corp. | 2100 | 186294 |
|  | Hyosung Heavy <br> Industries Corp.<br>| 1109 | 1654228 |
|  | Hyosung TNC Corp. | 928 | 135289 |
|  | Hyundai Autoever <br> Corp.<br>| 1521 | 216481 |
|  | Hyundai Bioland Co. <br> Ltd.<br>| 5552 | 17252 |
|  | Hyundai BNG Steel <br> Co. Ltd.<br>| 4399 | 34589 |
|  | HYUNDAI Corp. | 3245 | 48280 |
|  | Hyundai Department <br> Store Co. Ltd.<br>| 4150 | 235104 |
|  | Hyundai Elevator Co. <br> Ltd.<br>| 4546 | 240955 |
|  | Hyundai Engineering <br> & Construction Co. <br> Ltd.<br>| 18285 | 898390 |
|  | Hyundai Futurenet Co. <br> Ltd.<br>| 15058 | 33574 |
|  | Hyundai GF Holdings | 4044 | 22087 |
|  | Hyundai Glovis Co. <br> Ltd.<br>| 9552 | 1262432 |
|  | Hyundai Green Food | 7219 | 76239 |
|  | Hyundai Home <br> Shopping Network <br> Corp.<br>| 1244 | 45902 |
|  | Hyundai Livart <br> Furniture Co. Ltd.<br>| 5250 | 24332 |
| \* | Hyundai Marine & Fire <br> Insurance Co. Ltd.<br>| 17768 | 339975 |
|  | Hyundai Mobis Co. <br> Ltd.<br>| 6041 | 1335891 |
|  | Hyundai Motor Co. | 15342 | 3111194 |
|  | Hyundai Motor <br> Securities Co. Ltd.<br>| 12346 | 75504 |
| # | Hyundai Movex Co. <br> Ltd.<br>| 9643 | 68257 |
|  | Hyundai Rotem Co. <br> Ltd.<br>| 15282 | 2468982 |
| # | Hyundai Steel Co. | 17766 | 410459 |
|  | Hyundai Wia Corp. | 6080 | 249535 |
|  | HyVision System, Inc. | 3825 | 43368 |
| # | i3system, Inc. | 1777 | 96485 |
|  | iFamilySC Co. Ltd. | 3321 | 41352 |
| \* | Il Dong <br> Pharmaceutical Co. <br> Ltd.<br>| 1020 | 16808 |
|  | Iljin Electric Co. Ltd. | 2036 | 81843 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Iljin Holdings Co. Ltd. | 3838 | $18840 |
| \* | Iljin Hysolus Co. Ltd. | 1089 | 14607 |
|  | Iljin Power Co. Ltd. | 3680 | 28546 |
|  | Ilshin Spinning Co. <br> Ltd.<br>| 5925 | 50006 |
|  | Ilyang Pharmaceutical <br> Co. Ltd.<br>| 3819 | 34980 |
|  | iM Financial Group <br> Co. Ltd.<br>| 55226 | 512396 |
|  | iMarketKorea, Inc. | 6839 | 37627 |
|  | InBody Co. Ltd. | 2385 | 48000 |
|  | Incar Financial <br> Service Co. Ltd.<br>| 8353 | 70128 |
|  | Industrial Bank of <br> Korea<br>| 56846 | 770375 |
|  | Inhwa Precision Co. <br> Ltd.<br>| 457 | 19202 |
|  | Innocean Worldwide, <br> Inc.<br>| 5743 | 69079 |
|  | InnoWireless Co. Ltd. | 1320 | 21643 |
|  | Innox Advanced <br> Materials Co. Ltd.<br>| 4153 | 71613 |
| \* | Insun ENT Co. Ltd. | 6057 | 17851 |
|  | Intellian Technologies, <br> Inc.<br>| 631 | 19977 |
|  | Intelligent Digital <br> Integrated Security <br> Co. Ltd.<br>| 1720 | 21682 |
| \* | Interflex Co. Ltd. | 4142 | 26815 |
|  | Interojo Co. Ltd. | 2267 | 27231 |
|  | INTOPS Co. Ltd. | 5178 | 58673 |
|  | INVENI Co. Ltd. | 837 | 36377 |
|  | IS Dongseo Co. Ltd. | 3904 | 50874 |
|  | ISC Co. Ltd. | 1515 | 84148 |
|  | i-SENS, Inc. | 2545 | 30877 |
| \* | ISU Chemical Co. <br> Ltd.<br>| 4469 | 33388 |
|  | IsuPetasys Co. Ltd. | 14553 | 1154263 |
| \* | ITEK, Inc. | 2956 | 12590 |
| \* | ITM Semiconductor <br> Co. Ltd.<br>| 2553 | 21449 |
| \* | Jahwa Electronics Co. <br> Ltd.<br>| 4209 | 63929 |
|  | JB Financial Group <br> Co. Ltd.<br>| 42858 | 674751 |
| \* | Jeil Pharmaceutical <br> Co. Ltd.<br>| 2013 | 20325 |
| \* | Jeju Air Co. Ltd. | 7186 | 28773 |
| \* | Jeju Semiconductor <br> Corp.<br>| 5017 | 71947 |
| \* | Jin Air Co. Ltd. | 1880 | 9504 |
|  | Jinsung T.E.C. | 4387 | 40173 |
|  | JNK Global Co. Ltd. | 3523 | 10949 |
| \* | JNTC Co. Ltd. | 5350 | 101273 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | Joongang Advanced <br> Materials Co. Ltd.<br>| 12809 | $33403 |
|  | Jusung Engineering <br> Co. Ltd.<br>| 8268 | 177231 |
|  | JVM Co. Ltd. | 1746 | 34185 |
|  | JW Holdings Corp. | 15506 | 35375 |
|  | JW Life Science <br> Corp.<br>| 3481 | 32837 |
|  | JW Pharmaceutical <br> Corp.<br>| 4746 | 78143 |
|  | JYP Entertainment <br> Corp.<br>| 8171 | 463283 |
|  | K Car Co. Ltd. | 5825 | 61923 |
|  | K Ensol Co. Ltd. | 2425 | 19469 |
|  | Kakao Corp. | 6542 | 298150 |
| \* | Kakao Games Corp. | 10136 | 114316 |
|  | KakaoBank Corp. | 5311 | 86085 |
| \* | Kakaopay Corp. | 1219 | 44631 |
|  | Kangnam Jevisco Co. <br> Ltd.<br>| 1292 | 11137 |
| \* | Kangwon Energy Co. <br> Ltd.<br>| 1099 | 12361 |
|  | Kangwon Land, Inc. | 16694 | 197643 |
|  | KB Financial Group, <br> Inc. (105560 KS)<br>| 41224 | 3365263 |
|  | KC Co. Ltd. | 3354 | 61324 |
|  | KC Tech Co. Ltd. | 2444 | 65462 |
|  | KCC Corp. | 1372 | 422444 |
|  | KCC Glass Corp. | 3085 | 56166 |
|  | KCTC | 9076 | 34406 |
| \* | KEC Corp. | 42024 | 22872 |
| \* | Kencoa Aerospace <br> Co.<br>| 3905 | 31825 |
| # | KEPCO Engineering & <br> Construction Co., <br> Inc.<br>| 1021 | 72836 |
|  | KEPCO Plant Service <br> & Engineering Co. <br> Ltd.<br>| 8644 | 306608 |
|  | KG Chemical Corp. | 5365 | 18309 |
|  | KG Dongbusteel | 13989 | 53442 |
|  | KG Eco Solution Co. <br> Ltd.<br>| 9077 | 36069 |
| \* | KG Mobility Co. | 12925 | 34562 |
|  | Kginicis Co. Ltd. | 6812 | 49021 |
|  | KH Vatec Co. Ltd. | 3874 | 34050 |
|  | Kia Corp. | 39642 | 3325115 |
|  | KINX, Inc. | 903 | 58889 |
|  | KISCO Corp. | 2567 | 18040 |
|  | KISCO Holdings Co. <br> Ltd.<br>| 3626 | 65120 |
|  | KISWIRE Ltd. | 3511 | 43986 |
| # | KIWOOM Securities <br> Co. Ltd.<br>| 4501 | 934916 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | KNJ Co. Ltd. | 2770 | $50575 |
|  | Koh Young <br> Technology, Inc.<br>| 5169 | 60243 |
|  | Kolmar BNH Co. Ltd. | 3110 | 30260 |
|  | Kolmar Holdings Co. <br> Ltd.<br>| 6530 | 50591 |
|  | Kolmar Korea Co. <br> Ltd.<br>| 2904 | 156753 |
|  | Kolon Corp. | 2068 | 63125 |
|  | Kolon Enp, Inc. | 4673 | 25423 |
|  | Kolon Industries, Inc. | 5704 | 142234 |
| \* | Kolon Life Science, <br> Inc.<br>| 1140 | 26235 |
|  | KoMiCo Ltd. | 2082 | 160830 |
|  | KONA I Co. Ltd. | 2045 | 67610 |
|  | Korea Aerospace <br> Industries Ltd.<br>| 9258 | 670761 |
|  | Korea Alcohol <br> Industrial Co. Ltd.<br>| 4299 | 28181 |
|  | Korea Asset In Trust <br> Co. Ltd.<br>| 27831 | 43250 |
|  | Korea Cast Iron Pipe <br> Industries Co. Ltd.<br>| 3848 | 18086 |
| \* | Korea Circuit Co. Ltd. | 5045 | 72765 |
|  | Korea District Heating <br> Corp.<br>| 321 | 21531 |
|  | Korea Electric Power <br> Corp. (015760 KS)<br>| 18544 | 555097 |
|  | Korea Electric Power <br> Corp. (KEP US), <br> Sponsored ADR<br>| 1200 | 18084 |
|  | Korea Electric <br> Terminal Co. Ltd.<br>| 1612 | 69904 |
|  | Korea Fuel-Tech <br> Corp.<br>| 5317 | 22328 |
|  | Korea Gas Corp. | 3491 | 102065 |
| \* | Korea Information & <br> Communications <br> Co. Ltd.<br>| 5701 | 32503 |
|  | Korea Information <br> Certificate Authority, <br> Inc.<br>| 8779 | 38179 |
|  | Korea Investment <br> Holdings Co. Ltd.<br>| 13117 | 1672363 |
| \* | Korea Line Corp. | 48956 | 64467 |
|  | Korea Petrochemical <br> Ind Co. Ltd.<br>| 1172 | 107551 |
|  | Korea Petroleum <br> Industries Co.<br>| 2315 | 22584 |
|  | Korea Ratings Corp. | 531 | 36528 |
|  | Korea Real Estate <br> Investment & Trust <br> Co. Ltd.<br>| 59779 | 54820 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Korea United Pharm, <br> Inc.<br>| 2941 | $39217 |
|  | Korean Air Lines Co. <br> Ltd.<br>| 62739 | 973598 |
|  | Korean Reinsurance <br> Co.<br>| 52474 | 390478 |
|  | Koryo Credit <br> Information Co. <br> Ltd.<br>| 1407 | 10316 |
|  | KPX Chemical Co. <br> Ltd.<br>| 446 | 14979 |
| \* | Krafton, Inc. | 3666 | 709545 |
|  | KSS LINE Ltd. | 6720 | 43567 |
|  | KT Corp. (030200 <br> KS)<br>| 2588 | 89145 |
|  | KT Corp. (KT US), <br> Sponsored ADR<br>| 2500 | 46375 |
| \* | KT Millie Seojae Co. <br> Ltd.<br>| 1235 | 11312 |
|  | KT Skylife Co. Ltd. | 3015 | 10594 |
|  | KT&G Corp. | 6422 | 604386 |
| \*†† | Kuk-il Paper <br> Manufacturing Co. <br> Ltd.<br>| 8527 | 2280 |
| \* | Kumho HT, Inc. | 44811 | 17956 |
| # | Kumho Petrochemical <br> Co. Ltd.<br>| 5349 | 434792 |
| \* | Kumho Tire Co., Inc. | 35531 | 117561 |
|  | Kwang Dong <br> Pharmaceutical Co. <br> Ltd.<br>| 11146 | 44643 |
| \* | Kwangmu Co. Ltd. | 9563 | 15195 |
|  | Kyeryong Construction <br> Industrial Co. Ltd.<br>| 2244 | 27079 |
|  | Kyobo Securities Co. <br> Ltd.<br>| 7541 | 49810 |
|  | Kyung Dong Navien <br> Co. Ltd.<br>| 2274 | 112532 |
|  | Kyungdong Pharm <br> Co. Ltd.<br>| 4514 | 18001 |
|  | Kyung-In Synthetic <br> Corp.<br>| 9161 | 18820 |
|  | KZ Precision Corp. | 5214 | 54991 |
| \* | LabGenomics Co. <br> Ltd.<br>| 25690 | 39724 |
|  | Lake Materials Co. <br> Ltd.<br>| 10907 | 111637 |
| \* | LB Semicon, Inc. | 17234 | 59980 |
|  | Lee Ku Industrial Co. <br> Ltd.<br>| 4760 | 16458 |
|  | LEENO Industrial, <br> Inc.<br>| 12370 | 497896 |
|  | LF Corp. | 4092 | 52426 |
|  | LG Chem Ltd. | 6064 | 1686690 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | LG Corp. | 15978 | $898617 |
| \* | LG Display Co. Ltd. <br> (034220 KS)<br>| 77846 | 795869 |
| # | LG Electronics, Inc. | 32109 | 1969348 |
| \* | LG Energy Solution <br> Ltd.<br>| 1156 | 382690 |
|  | LG H&H Co. Ltd. | 2223 | 443226 |
| \* | LG HelloVision Co. <br> Ltd.<br>| 12252 | 20963 |
|  | LG Innotek Co. Ltd. | 4871 | 821701 |
|  | LG Uplus Corp. | 75046 | 802211 |
|  | LIG Nex1 Co. Ltd. | 2783 | 1013486 |
| \* | LigaChem <br> Biosciences, Inc.<br>| 458 | 46965 |
| \* | LOT Vacuum Co. Ltd. | 3137 | 28649 |
|  | Lotte Chemical Corp. | 3950 | 195681 |
|  | Lotte Chilsung <br> Beverage Co. Ltd.<br>| 1425 | 115238 |
|  | Lotte Corp. | 6901 | 141333 |
| \* | Lotte Data <br> Communication Co.<br>| 1292 | 18783 |
| \* | Lotte Energy Materials <br> Corp.<br>| 7268 | 132188 |
| # | LOTTE Fine Chemical <br> Co. Ltd.<br>| 6073 | 194063 |
| \* | Lotte Non-Life <br> Insurance Co. Ltd.<br>| 18622 | 24778 |
|  | Lotte Rental Co. Ltd. | 5434 | 111646 |
|  | Lotte Shopping Co. <br> Ltd.<br>| 3745 | 170899 |
| \* | Lotte Tour <br> Development Co. <br> Ltd.<br>| 3612 | 45925 |
|  | Lotte Wellfood Co. <br> Ltd.<br>| 723 | 57782 |
|  | LS Corp. | 4164 | 606836 |
|  | LS Eco Energy Ltd. | 3532 | 113773 |
|  | LS Electric Co. Ltd. | 3890 | 1180847 |
|  | LS Marine Solution <br> Co. Ltd.<br>| 4760 | 96110 |
| \* | LVMC Holdings | 27400 | 31854 |
|  | LX Hausys Ltd. | 2198 | 43360 |
|  | LX Holdings Corp. | 17571 | 100507 |
| # | LX International Corp. | 11331 | 239406 |
|  | LX Semicon Co. Ltd. | 3544 | 142141 |
|  | M.I.Tech Co. Ltd. | 4570 | 19736 |
|  | Macquarie Korea <br> Infrastructure Fund<br>| 59997 | 462714 |
|  | Macrogen, Inc. | 1886 | 20039 |
|  | Maeil Dairies Co. Ltd. | 1216 | 29559 |
|  | Mcnex Co. Ltd. | 4549 | 99201 |
| \* | Medipost Co. Ltd. | 5303 | 64294 |
| \* | MedPacto, Inc. | 4982 | 15166 |
|  | Medytox, Inc. | 383 | 32251 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | Meerecompany, Inc. | 1073 | $11499 |
|  | MegaStudy Co. Ltd. | 3852 | 30451 |
|  | MegaStudyEdu Co. <br> Ltd.<br>| 2801 | 81658 |
|  | Meritz Financial <br> Group, Inc.<br>| 17552 | 1360171 |
| #\* | MiCo Ltd. | 14070 | 142704 |
| \* | Micro Digital Co. Ltd. | 3312 | 19349 |
| \* | Mirae Asset Life <br> Insurance Co. Ltd.<br>| 15568 | 95797 |
|  | Mirae Asset Securities <br> Co. Ltd.<br>| 34076 | 626533 |
|  | Misto Holdings Corp. | 9250 | 238591 |
|  | Miwon Commercial <br> Co. Ltd.<br>| 632 | 67070 |
|  | Miwon Specialty <br> Chemical Co. Ltd.<br>| 364 | 35926 |
|  | MK Electron Co. Ltd. | 6706 | 43368 |
|  | MNTech Co. Ltd. | 3303 | 26147 |
|  | Modetour Network, <br> Inc.<br>| 3448 | 26898 |
| \* | MONAYONGPYONG | 4790 | 11675 |
| \* | Motrex Co. Ltd. | 5962 | 36311 |
|  | mPlus Corp. | 2590 | 31532 |
| \* | MS Autotech Co. Ltd. | 9660 | 16200 |
|  | Muhak Co. Ltd. | 3078 | 18571 |
|  | Multicampus Co. Ltd. | 512 | 11245 |
|  | Myoung Shin <br> Industrial Co. Ltd.<br>| 10069 | 65836 |
|  | Namhae Chemical <br> Corp.<br>| 6477 | 29280 |
| \* | Namsun Aluminum <br> Co. Ltd.<br>| 32959 | 24699 |
|  | Namuga Co. Ltd. | 3667 | 43368 |
|  | Namyang Dairy <br> Products Co. Ltd.<br>| 994 | 35906 |
| \* | Nature & Environment <br> Co. Ltd.<br>| 6226 | 2706 |
|  | Nature Holdings Co. <br> Ltd.<br>| 3144 | 21052 |
|  | NAVER Corp. | 2369 | 443989 |
|  | NCSoft Corp. | 1080 | 166702 |
|  | NeoPharm Co. Ltd. | 1691 | 20293 |
|  | Neosem, Inc. | 3133 | 27389 |
| \* | Neowiz | 2815 | 48312 |
| \* | Nepes Ark Corp. | 1397 | 19448 |
| #\* | NEPES Corp. | 7008 | 85122 |
| \* | Neptune Co. | 6362 | 26314 |
| Ω | Netmarble Corp. | 6837 | 259087 |
|  | New Power Plasma <br> Co. Ltd.<br>| 9524 | 41380 |
| \* | Newflex Technology <br> Co. Ltd.<br>| 7227 | 26552 |
|  | Nexen Corp. | 8767 | 32897 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Nexen Tire Corp. | 3351 | $15084 |
|  | NEXTIN, Inc. | 2385 | 109861 |
|  | NH Investment & <br> Securities Co. Ltd.<br>| 41530 | 592056 |
|  | NHN Corp. | 4936 | 100147 |
| # | NHN KCP Corp. | 5618 | 62699 |
|  | NICE Holdings Co. <br> Ltd.<br>| 8262 | 80405 |
|  | Nice Information & <br> Telecommunication, <br> Inc.<br>| 1983 | 31780 |
|  | NICE Information <br> Service Co. Ltd.<br>| 13197 | 134126 |
|  | NK Co. Ltd. | 23569 | 25274 |
|  | Nong Shim Holdings <br> Co. Ltd.<br>| 629 | 41494 |
|  | NongShim Co. Ltd. | 933 | 285283 |
|  | NOROO Paint & <br> Coatings Co. Ltd.<br>| 2474 | 14686 |
|  | NOVAREX Co. Ltd. | 3715 | 44431 |
|  | NPC | 3679 | 10469 |
|  | OCI Co. Ltd. | 751 | 31083 |
| # | OCI Holdings Co. Ltd. | 4135 | 330598 |
| \* | Okins Electronics Co. <br> Ltd.<br>| 3445 | 22280 |
|  | ONEJOON Co. Ltd. | 2100 | 13525 |
|  | Oriental Precision & <br> Engineering Co. <br> Ltd.<br>| 5619 | 41067 |
| # | Orion Corp. | 6485 | 451569 |
|  | Orion Holdings Corp. | 9513 | 126660 |
|  | Osang Healthcare Co. <br> Ltd.<br>| 980 | 8884 |
| \* | OSTEONIC Co. Ltd. | 3282 | 16563 |
| \* | Osung Advanced <br> Materials Co. Ltd.<br>| 18972 | 20904 |
|  | Otoki Corp. | 522 | 142243 |
|  | Pan Ocean Co. Ltd. | 76988 | 206811 |
|  | Paradise Co. Ltd. | 16234 | 210342 |
|  | Park Systems Corp. | 1564 | 266414 |
|  | Partron Co. Ltd. | 14112 | 68446 |
| \* | Pearl Abyss Corp. | 1230 | 29836 |
|  | People & Technology, <br> Inc.<br>| 6638 | 200836 |
|  | PHA Co. Ltd. | 1572 | 12859 |
|  | PharmaResearch Co. <br> Ltd.<br>| 2433 | 921152 |
| \* | PharmGen Science, <br> Inc.<br>| 3898 | 11035 |
|  | Philenergy Co. Ltd. | 325 | 3258 |
|  | PI Advanced Materials <br> Co. Ltd.<br>| 2643 | 33575 |
| \* | PKC Co. Ltd. | 5256 | 23066 |
|  | Pond Group Co. Ltd. | 1609 | 9166 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | PonyLink Co. Ltd. | 13996 | $8147 |
|  | Poongsan Corp. | 7316 | 562664 |
|  | Poongsan Holdings <br> Corp.<br>| 4549 | 123316 |
|  | Posco DX Co. Ltd. | 11462 | 210762 |
| \* | POSCO Future M Co. <br> Ltd.<br>| 598 | 90607 |
|  | POSCO Holdings, Inc. <br> (005490 KS)<br>| 6377 | 1386961 |
|  | POSCO Holdings, Inc. <br> (PKX US), <br> Sponsored ADR<br>| 6151 | 335968 |
|  | Posco International <br> Corp.<br>| 11695 | 450517 |
|  | Posco M-Tech Co. <br> Ltd.<br>| 2526 | 27076 |
|  | POSCO Steeleon Co. <br> Ltd.<br>| 587 | 15856 |
| \* | Power Logics Co. <br> Ltd.<br>| 8132 | 23473 |
| \* | Prestige Biologics Co. <br> Ltd.<br>| 7151 | 15125 |
|  | Protec Co. Ltd. | 770 | 16852 |
|  | PSK Holdings, Inc. | 2033 | 69514 |
|  | PSK, Inc. | 6364 | 167710 |
|  | Pulmuone Co. Ltd. | 3268 | 30475 |
|  | Pumtech Korea Co. <br> Ltd.<br>| 1795 | 66771 |
| \* | Rainbow Robotics | 389 | 118860 |
| \* | Refine Co. Ltd. | 6082 | 52701 |
| \* | Reyon Pharmaceutical <br> Co. Ltd.<br>| 2120 | 16028 |
|  | RFHIC Corp. | 3819 | 89294 |
| \* | RFTech Co. Ltd. | 3225 | 4992 |
|  | Rorze Systems Corp. | 3606 | 28150 |
|  | S&S Tech Corp. | 3445 | 135165 |
| # | S-1 Corp. | 4152 | 218333 |
| \* | Sajo Industries Co. <br> Ltd.<br>| 362 | 12263 |
|  | Sajodaerim Corp. | 1032 | 27216 |
| # | Sam Chun Dang <br> Pharm Co. Ltd.<br>| 703 | 115262 |
|  | Sam Young <br> Electronics Co. Ltd.<br>| 5658 | 42448 |
|  | Sam Yung Trading <br> Co. Ltd.<br>| 3582 | 38179 |
|  | Sam-A Aluminum Co. <br> Ltd.<br>| 884 | 14877 |
|  | Samchully Co. Ltd. | 406 | 35076 |
| †† | Samick THK Co. Ltd. | 1269 | 6653 |
| \* | Samil Pharmaceutical <br> Co. Ltd.<br>| 2975 | 19793 |
|  | Samji Electronics Co. <br> Ltd.<br>| 1661 | 14504 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Samjin <br> Pharmaceutical Co. <br> Ltd.<br>| 1687 | $23363 |
|  | Sammok S-Form Co. <br> Ltd.<br>| 1379 | 19249 |
|  | SAMPYO Cement Co. <br> Ltd.<br>| 17261 | 36387 |
| \*Ω | Samsung Biologics <br> Co. Ltd.<br>| 859 | 736157 |
|  | Samsung C&T Corp. | 6720 | 1063448 |
| # | Samsung Card Co. <br> Ltd. (029780 KS)<br>| 8923 | 309992 |
|  | Samsung <br> Electro-Mechanics <br> Co. Ltd.<br>| 5937 | 1017724 |
|  | Samsung Electronics <br> Co. Ltd. (005930 <br> KS)<br>| 439838 | 33109325 |
|  | Samsung Electronics <br> Co. Ltd. (SMSN LI), <br> GDR<br>| 1949 | 3637484 |
|  | Samsung Engineering <br> Co. Ltd.<br>| 47486 | 863309 |
|  | Samsung Fire & <br> Marine Insurance <br> Co. Ltd.<br>| 2507 | 775927 |
| \* | Samsung Heavy <br> Industries Co. Ltd.<br>| 35514 | 735915 |
|  | Samsung Life <br> Insurance Co. Ltd.<br>| 8618 | 931341 |
| \* | Samsung <br> Pharmaceutical Co. <br> Ltd.<br>| 13829 | 14877 |
|  | Samsung SDI Co. <br> Ltd.<br>| 7495 | 1688784 |
|  | Samsung SDS Co. <br> Ltd.<br>| 7945 | 1019071 |
|  | Samsung Securities <br> Co. Ltd.<br>| 19618 | 1061760 |
|  | SAMT Co. Ltd. | 23178 | 59949 |
|  | Samwha Capacitor <br> Co. Ltd.<br>| 3391 | 80144 |
|  | Samwha Electric Co. <br> Ltd.<br>| 826 | 20216 |
|  | Samyang Corp. | 1345 | 46685 |
|  | Samyang Foods Co. <br> Ltd.<br>| 936 | 883922 |
|  | Samyang Holdings <br> Corp.<br>| 1468 | 107775 |
|  | Samyoung Co. Ltd. | 12236 | 42201 |
|  | Sang-A Frontec Co. <br> Ltd.<br>| 1874 | 24356 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Sangsin Energy <br> Display Precision <br> Co. Ltd.<br>| 2466 | $22012 |
|  | Saramin Co. Ltd. | 2138 | 20020 |
|  | Satrec Initiative Co. <br> Ltd.<br>| 1059 | 44717 |
|  | SD Biosensor, Inc. | 15730 | 105349 |
|  | SeAH Besteel <br> Holdings Corp.<br>| 4129 | 79493 |
|  | SeAH Steel Corp. | 668 | 59304 |
|  | SeAH Steel Holdings <br> Corp.<br>| 745 | 74899 |
|  | Sebang Co. Ltd. | 4469 | 42581 |
|  | Sebang Global Battery <br> Co. Ltd.<br>| 1731 | 79044 |
|  | Seegene, Inc. | 4681 | 83024 |
|  | Segyung Hitech Co. <br> Ltd.<br>| 6661 | 26664 |
|  | Sejong Industrial Co. <br> Ltd.<br>| 5035 | 29059 |
| \* | SEMCNS Co. Ltd. | 4544 | 24618 |
|  | Seobu T&D | 13043 | 83343 |
|  | Seohan Co. Ltd. | 13791 | 8525 |
|  | Seohee Construction <br> Co. Ltd.<br>| 33511 | 38174 |
| #\* | Seojin System Co. <br> Ltd.<br>| 8024 | 152203 |
| \* | Seoul Auction Co. <br> Ltd.<br>| 956 | 4595 |
| \* | Seoul Semiconductor <br> Co. Ltd.<br>| 14166 | 62232 |
|  | Seoyon Co. Ltd. | 1957 | 12953 |
|  | Seoyon E-Hwa Co. <br> Ltd.<br>| 6608 | 60184 |
|  | SFA Engineering <br> Corp.<br>| 4903 | 84988 |
| \* | SFA Semicon Co. <br> Ltd.<br>| 13844 | 41361 |
|  | SGC Energy Co. Ltd. | 2523 | 39972 |
|  | Shin Heung Energy & <br> Electronics Co. Ltd.<br>| 7365 | 28169 |
| \* | Shin Poong <br> Pharmaceutical Co. <br> Ltd.<br>| 491 | 4668 |
|  | Shindaeyang Paper <br> Co. Ltd.<br>| 3739 | 32271 |
|  | Shinhan Financial <br> Group Co. Ltd. <br> (055550 KS)<br>| 52052 | 2673507 |
|  | Shinil Electronics Co. <br> Ltd.<br>| 11482 | 10364 |
|  | Shinsegae <br> International, Inc.<br>| 2889 | 20821 |
|  | Shinsegae, Inc. | 1919 | 233891 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Shinsung Delta Tech <br> Co. Ltd.<br>| 1889 | $72424 |
| \* | Shinsung E&G Co. <br> Ltd.<br>| 27321 | 35366 |
|  | Shinwon Corp. | 18325 | 18727 |
|  | Shinyoung Securities <br> Co. Ltd.<br>| 1575 | 159621 |
|  | Showbox Corp. | 13902 | 24711 |
| \* | Silicon2 Co. Ltd. | 1927 | 60772 |
|  | SIMMTECH Co. Ltd. | 2713 | 119332 |
|  | SIMPAC, Inc. | 9536 | 30932 |
|  | Sindoh Co. Ltd. | 1567 | 46756 |
| #\* | SK <br> Biopharmaceuticals <br> Co. Ltd.<br>| 6413 | 518536 |
| \* | SK Bioscience Co. <br> Ltd.<br>| 2198 | 78049 |
|  | SK Chemicals Co. <br> Ltd.<br>| 3212 | 142328 |
|  | SK Discovery Co. <br> Ltd.<br>| 4198 | 174731 |
| \* | SK Eternix Co. Ltd. | 2833 | 41243 |
|  | SK Gas Ltd. | 701 | 128090 |
|  | SK Hynix, Inc. | 40893 | 15911197 |
| \*Ω | SK IE Technology Co. <br> Ltd.<br>| 9523 | 204584 |
|  | SK Innovation Co. <br> Ltd.<br>| 6804 | 614436 |
|  | SK Networks Co. Ltd. | 27068 | 86163 |
| \* | SK oceanplant Co. <br> Ltd.<br>| 3193 | 47424 |
|  | SK Securities Co. <br> Ltd.<br>| 149339 | 73273 |
|  | SK Telecom Co. Ltd. <br> (017670 KS)<br>| 5862 | 214619 |
|  | SK, Inc. | 4672 | 811254 |
| \* | SKC Co. Ltd. | 1195 | 106481 |
|  | SL Corp. | 5652 | 143607 |
|  | SM Entertainment Co. <br> Ltd.<br>| 1606 | 134536 |
| \* | SMEC Co. Ltd. | 24805 | 71369 |
| # | SNT Dynamics Co. <br> Ltd.<br>| 5786 | 218381 |
| #\* | SNT Holdings Co. <br> Ltd.<br>| 2300 | 102308 |
|  | SNT Motiv Co. Ltd. | 3764 | 90259 |
| \* | SOCAR, Inc. | 2283 | 18724 |
| \* | S-Oil Corp. | 9160 | 461061 |
|  | Solid, Inc. | 20716 | 116634 |
| \* | SOLUM Co. Ltd. | 12113 | 151911 |
|  | Solus Advanced <br> Materials Co. Ltd.<br>| 9658 | 62008 |
| \* | Solux Co. Ltd. | 6199 | 18842 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Songwon Industrial <br> Co. Ltd.<br>| 5765 | $38801 |
| # | Soop Co. Ltd. | 2505 | 127537 |
|  | Soosan Industries Co. <br> Ltd.<br>| 2080 | 31743 |
|  | Soulbrain Co. Ltd. | 1451 | 287012 |
|  | Soulbrain Holdings <br> Co. Ltd.<br>| 1494 | 44824 |
|  | SPC Samlip Co. Ltd. | 601 | 21923 |
|  | SPG Co. Ltd. | 1751 | 41357 |
|  | ST Pharm Co. Ltd. | 1108 | 78670 |
|  | STIC Investments, <br> Inc.<br>| 6915 | 50459 |
|  | Straffic Co. Ltd. | 6956 | 17843 |
| \* | Studio Dragon Corp. | 2252 | 71891 |
| \* | STX Engine Co. Ltd. | 1511 | 37431 |
| \* | Sugentech, Inc. | 4599 | 21207 |
| \* | Sukgyung AT Co. Ltd. | 288 | 8846 |
|  | Sung Kwang Bend <br> Co. Ltd.<br>| 6054 | 133545 |
| \* | Sungeel Hitech Co. <br> Ltd.<br>| 326 | 9801 |
|  | Sungshin Cement Co. <br> Ltd.<br>| 6391 | 42058 |
|  | Sungwoo Hitech Co. <br> Ltd.<br>| 18816 | 89161 |
|  | Sunjin Co. Ltd. | 2260 | 15780 |
| \* | Suprema, Inc. | 1173 | 27760 |
| \* | Suresoft Technologies, <br> Inc.<br>| 3723 | 13564 |
|  | SY Co. Ltd. | 8899 | 18989 |
| \* | Synergy Innovation <br> Co. Ltd.<br>| 8459 | 14450 |
| \* | Synopex, Inc. | 35877 | 164629 |
|  | Systems Technology, <br> Inc.<br>| 920 | 14721 |
|  | T&L Co. Ltd. | 2034 | 65533 |
|  | Taekwang Industrial <br> Co. Ltd.<br>| 81 | 45555 |
| \* | Taewoong Co. Ltd. | 3630 | 78173 |
| \* | Taihan Cable & <br> Solution Co. Ltd.<br>| 6549 | 110679 |
|  | TCC Steel | 1848 | 23750 |
|  | TechWing, Inc. | 2638 | 122584 |
|  | Telechips, Inc. | 3287 | 32105 |
|  | TES Co. Ltd. | 2411 | 74559 |
| \* | Theragen Etex Co. <br> Ltd.<br>| 6072 | 10858 |
| \* | TK Chemical Corp. | 12146 | 14073 |
|  | TK Corp. | 2656 | 52581 |
|  | TKG Huchems Co. <br> Ltd.<br>| 5645 | 70770 |
|  | TLB Co. Ltd. | 1781 | 85267 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Tokai Carbon Korea <br> Co. Ltd.<br>| 1792 | $208090 |
| \* | Tongyang Life <br> Insurance Co. Ltd.<br>| 11915 | 56555 |
| \* | Tongyang, Inc. | 65030 | 39839 |
|  | Tonymoly Co. Ltd. | 3726 | 24959 |
|  | Toptec Co. Ltd. | 7951 | 25996 |
|  | Tovis Co. Ltd. | 3832 | 40261 |
|  | TS Corp. | 24800 | 48754 |
|  | TSE Co. Ltd. | 1422 | 51590 |
| \* | Tuksu Construction <br> Co. Ltd.<br>| 2985 | 11890 |
|  | TYM Corp. | 14189 | 59150 |
|  | UBCare Co. Ltd. | 3040 | 7619 |
|  | Uju Electronics Co. <br> Ltd.<br>| 1734 | 46640 |
| \* | Uni-Chem Co. Ltd. | 14391 | 13224 |
|  | Unid Co. Ltd. | 1619 | 76284 |
|  | Union Semiconductor <br> Equipment & <br> Materials Co. Ltd.<br>| 6126 | 42877 |
| \* | Unison Co. Ltd. | 14253 | 12184 |
| \* | UniTest, Inc. | 3363 | 47700 |
|  | Unitrontech Co. Ltd. | 5684 | 24011 |
|  | Value Added <br> Technology Co. <br> Ltd.<br>| 2552 | 39272 |
|  | VICTEK Co. Ltd. | 3660 | 9598 |
| \*†† | Vidente Co. Ltd. | 10155 | 4440 |
|  | Vieworks Co. Ltd. | 1617 | 21486 |
| \* | Vina Tech Co. Ltd. | 641 | 24732 |
|  | Vitzro Tech Co. Ltd. | 5265 | 32530 |
|  | Vitzrocell Co. Ltd. | 4987 | 95686 |
| \* | VM, Inc. | 1417 | 23863 |
| \* | VT Co. Ltd. | 8052 | 140901 |
|  | Webzen, Inc. | 3574 | 30245 |
| \*†† | Wellbiotec Co. Ltd. | 1524 | 109 |
| \* | Wemade Co. Ltd. | 2537 | 47709 |
|  | Whanin <br> Pharmaceutical Co. <br> Ltd.<br>| 3091 | 24715 |
|  | WiSoL Co. Ltd. | 7257 | 28758 |
| \* | Won Ik Corp. | 4262 | 24235 |
|  | Won Tech Co. Ltd. | 13993 | 83382 |
| \* | Wonik Holdings Co. <br> Ltd.<br>| 12263 | 234621 |
|  | WONIK IPS Co. Ltd. | 3583 | 160705 |
|  | Wonik Materials Co. <br> Ltd.<br>| 2336 | 53011 |
|  | Wonik QnC Corp. | 3926 | 64233 |
|  | Woojin, Inc. | 3421 | 36396 |
| \* | Woongjin Co. Ltd. | 11559 | 32100 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Woori Financial <br> Group, Inc. (316140 <br> KS)<br>| 181312 | $3227663 |
| \* | Woori Technology <br> Investment Co. Ltd.<br>| 15696 | 98574 |
| \* | Woori Technology, <br> Inc.<br>| 18484 | 62284 |
| \* | Woosu AMS Co. Ltd. | 14904 | 30340 |
|  | Worldex Industry & <br> Trading Co. Ltd.<br>| 3860 | 67986 |
| \* | W-Scope Chungju <br> Plant Co. Ltd.<br>| 3202 | 17639 |
| \* | Wysiwyg Studios Co. <br> Ltd.<br>| 34187 | 17870 |
|  | Xexymix Corp. | 5891 | 18882 |
|  | YG Entertainment, <br> Inc.<br>| 1357 | 87091 |
| \* | YG PLUS | 3956 | 19725 |
| \* | YMT Co. Ltd. | 1675 | 15170 |
|  | Youlchon Chemical <br> Co. Ltd.<br>| 974 | 21575 |
|  | Young Poong Corp. | 1257 | 43207 |
|  | Youngone Corp. | 6842 | 277426 |
|  | Youngone Holdings <br> Co. Ltd.<br>| 1902 | 189580 |
|  | Yuanta Securities <br> Korea Co. Ltd.<br>| 29505 | 79892 |
|  | Yuhan Corp. | 1842 | 152349 |
| \* | Yungjin <br> Pharmaceutical Co. <br> Ltd.<br>| 5170 | 7469 |
|  | Zeus Co. Ltd. | 3673 | 39719 |
|  | Zinus, Inc. | 3482 | 33702 |
| TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 189385606 |
| SPAIN — (2.0%) | SPAIN — (2.0%) | SPAIN — (2.0%) | SPAIN — (2.0%) |
|  | Acciona SA | 8528 | 1887605 |
|  | Acerinox SA | 80780 | 1040272 |
|  | ACS Actividades de <br> Construccion y <br> Servicios SA<br>| 54035 | 4436818 |
| Ω | Aedas Homes SA | 3787 | 92945 |
| Ω | Aena SME SA | 93900 | 2550434 |
|  | Alantra Partners SA | 1432 | 14297 |
|  | Almirall SA | 17621 | 253610 |
|  | Amadeus IT Group <br> SA<br>| 57147 | 4368356 |
| #\* | Amper SA | 422874 | 70589 |
|  | Atresmedia Corp. de <br> Medios de <br> Comunicacion SA<br>| 21180 | 128193 |
|  | Audax Renovables <br> SA<br>| 45706 | 72748 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
|  | Azkoyen SA | 5948 | $60478 |
|  | Banco Bilbao Vizcaya <br> Argentaria SA <br> (BBVA SM)<br>| 825678 | 16634162 |
|  | Banco Bilbao Vizcaya <br> Argentaria SA <br> (BBVA US), <br> Sponsored ADR<br>| 19005 | 382571 |
|  | Banco de Sabadell <br> SA<br>| 2217543 | 8313336 |
|  | Banco Santander SA <br> (SAN SM)<br>| 902266 | 9194261 |
| \* | Banco Santander SA <br> (SAN\* MM)<br>| 117268 | 1185017 |
|  | Bankinter SA | 267101 | 4026343 |
|  | CaixaBank SA | 398831 | 4215542 |
| Ω | Cellnex Telecom SA | 35702 | 1111465 |
|  | CIE Automotive SA | 12287 | 412068 |
|  | Construcciones y <br> Auxiliar de <br> Ferrocarriles SA<br>| 6236 | 393754 |
|  | Corp. ACCIONA <br> Energias <br> Renovables SA<br>| 6043 | 166248 |
| \* | Distribuidora <br> Internacional de <br> Alimentacion SA<br>| 3179 | 104788 |
|  | Ebro Foods SA | 12818 | 261249 |
| \* | eDreams ODIGEO <br> SA<br>| 11566 | 96801 |
|  | Elecnor SA | 11545 | 376612 |
|  | Enagas SA | 44984 | 713876 |
| # | Ence Energia y <br> Celulosa SA<br>| 30814 | 94109 |
|  | Endesa SA | 42831 | 1535492 |
| \* | Ercros SA | 51076 | 188489 |
|  | Faes Farma SA | 95708 | 492614 |
|  | Ferrovial SE | 25575 | 1569393 |
|  | Fluidra SA | 15707 | 454630 |
| #Ω | Gestamp Automocion <br> SA<br>| 52232 | 202105 |
| Ω | Global Dominion <br> Access SA<br>| 19083 | 69929 |
| \* | Grenergy Renovables <br> SA<br>| 1407 | 121304 |
|  | Grifols SA | 71522 | 926774 |
|  | Grupo Catalana <br> Occidente SA<br>| 12918 | 737067 |
|  | Grupo Empresarial <br> San Jose SA<br>| 5388 | 43606 |
|  | Iberdrola SA | 107302 | 2174618 |
|  | Iberpapel Gestion SA <br> (IBG SM)<br>| 555 | 12736 |
|  | Indra Sistemas SA | 57643 | 3188696 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
| # | Industria de Diseno <br> Textil SA<br>| 66550 | $3674917 |
| \* | Inmocemento SA | 6069 | 25031 |
|  | Laboratorio Reig Jofre <br> SA<br>| 2628 | 8826 |
|  | Laboratorios <br> Farmaceuticos Rovi <br> SA<br>| 2432 | 171469 |
|  | Linea Directa <br> Aseguradora SA <br> Cia de Seguros y <br> Reaseguros<br>| 47410 | 62834 |
|  | Logista Integral SA | 24479 | 815817 |
|  | Mapfre SA | 324382 | 1432580 |
|  | Melia Hotels <br> International SA<br>| 22472 | 185958 |
|  | Miquel y Costas & <br> Miquel SA<br>| 8269 | 126721 |
|  | Naturgy Energy Group <br> SA<br>| 29838 | 903754 |
| Ω | Neinor Homes SA | 6949 | 138174 |
| \* | Obrascon Huarte Lain <br> SA<br>| 34864 | 18285 |
| #\* | Oryzon Genomics SA | 8509 | 34713 |
|  | Pharma Mar SA | 1111 | 93930 |
|  | Prim SA | 1285 | 20507 |
| \* | Promotora de <br> Informaciones SA, <br> Class A<br>| 69984 | 30651 |
| Ω | Prosegur Cash SA | 77104 | 63092 |
|  | Realia Business SA | 35327 | 42181 |
|  | Redeia Corp. SA | 61860 | 1113595 |
|  | Repsol SA (REP SM) | 195612 | 3589354 |
|  | Sacyr SA | 96093 | 422714 |
| \* | Solaria Energia y <br> Medio Ambiente <br> SA<br>| 16222 | 280526 |
| #\*Ω | Talgo SA | 9613 | 29604 |
| \* | Tecnicas Reunidas <br> SA<br>| 15753 | 563830 |
| # | Telefonica SA (TEF <br> SM)<br>| 740517 | 3755291 |
| # | Telefonica SA (TEF <br> US), Sponsored <br> ADR<br>| 10338 | 52207 |
| # | Tubacex SA | 38261 | 145747 |
| \* | Tubos Reunidos SA | 19513 | 10291 |
| Ω | Unicaja Banco SA | 445187 | 1201920 |
|  | Vidrala SA | 7360 | 701084 |
|  | Viscofan SA | 16100 | 1000583 |
| TOTAL SPAIN | TOTAL SPAIN |  | 95092186 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (1.8%) | SWEDEN — (1.8%) | SWEDEN — (1.8%) | SWEDEN — (1.8%) |
|  | AAK AB | 11985 | $335132 |
| Ω | AcadeMedia AB | 33500 | 369943 |
|  | AddLife AB, Class B | 28328 | 611987 |
|  | Addnode Group AB | 31265 | 363865 |
|  | AddTech AB, Class B | 28906 | 973863 |
|  | AFRY AB | 31679 | 543456 |
|  | Alfa Laval AB | 22740 | 1080779 |
| Ω | Alimak Group AB | 24710 | 365047 |
|  | Alleima AB | 89889 | 776305 |
|  | Alligo AB, Class B | 9372 | 116937 |
| Ω | Ambea AB | 39862 | 537462 |
| \* | Annehem Fastigheter <br> AB, Class B<br>| 23136 | 45467 |
|  | AQ Group AB | 14511 | 299048 |
|  | Arise AB | 10752 | 33943 |
|  | Arjo AB, Class B | 66722 | 211726 |
| \* | Asmodee Group AB, <br> Class B<br>| 18454 | 237815 |
|  | Assa Abloy AB, <br> Class B<br>| 25713 | 968983 |
|  | Atlas Copco AB <br> (ATCOA SS), <br> Class A<br>| 162372 | 2720714 |
|  | Atlas Copco AB <br> (ATCOB SS), <br> Class B<br>| 100484 | 1503156 |
|  | Atrium Ljungberg AB, <br> Class B<br>| 54145 | 194911 |
| Ω | Attendo AB | 43233 | 366816 |
|  | Avanza Bank Holding <br> AB<br>| 22717 | 873118 |
|  | Axfood AB | 17325 | 472091 |
|  | Beijer Alma AB | 12926 | 394577 |
|  | Beijer Ref AB | 12176 | 192406 |
|  | Bergman & Beving <br> AB<br>| 11723 | 413800 |
|  | Betsson AB, Class B | 52606 | 819844 |
| #\* | Better Collective AS | 10226 | 125464 |
| \* | BHG Group AB | 48539 | 146494 |
| \* | BICO Group AB | 6048 | 13616 |
|  | Bilia AB, Class A | 26527 | 371386 |
|  | Billerud Aktiebolag | 58251 | 539021 |
|  | BioGaia AB, Class B | 15019 | 158656 |
| \* | BioInvent International <br> AB<br>| 5678 | 18913 |
|  | Bjorn Borg AB | 5162 | 34700 |
| \* | Boliden AB | 34766 | 1558993 |
| \* | Bonava AB, Class B | 68446 | 79907 |
| \*Ω | Boozt AB | 6801 | 73524 |
| Ω | Bravida Holding AB | 66165 | 559246 |
|  | Bufab AB | 32955 | 362204 |
|  | Bulten AB | 5345 | 27418 |
|  | Bure Equity AB | 25410 | 744191 |
|  | Byggmax Group AB | 19721 | 100319 |
| \* | Camurus AB | 2184 | 143673 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
| \* | Carasent AB | 3685 | $11020 |
| # | Castellum AB | 31041 | 353005 |
|  | Catella AB | 11938 | 38995 |
| # | Catena AB | 5960 | 288770 |
| \* | Cavotec Group AB | 12443 | 20021 |
| # | Cellavision AB | 3049 | 57784 |
| # | Cibus Nordic Real <br> Estate AB publ<br>| 12320 | 213529 |
| \* | Cint Group AB | 77596 | 29472 |
|  | Clas Ohlson AB, <br> Class B<br>| 15766 | 574966 |
|  | Cloetta AB, Class B | 70892 | 264007 |
| Ω | Coor Service <br> Management <br> Holding AB<br>| 26480 | 130029 |
|  | Corem Property <br> Group AB (CORED <br> SS), Class D<br>| 2165 | 54603 |
| \* | C-RAD AB | 3079 | 10743 |
|  | CTT Systems AB | 2479 | 49309 |
|  | Dios Fastigheter AB | 22212 | 151376 |
| Ω | Dometic Group AB | 90666 | 443176 |
|  | Duni AB | 2770 | 30875 |
| \*Ω | Dustin Group AB | 196668 | 42501 |
| \* | Dynavox Group AB | 15497 | 159446 |
|  | Eastnine AB | 25612 | 134860 |
|  | Elanders AB, Class B | 6126 | 40822 |
| \* | Electrolux AB, <br> Class B<br>| 61457 | 396565 |
|  | Electrolux <br> Professional AB, <br> Class B<br>| 61030 | 423881 |
|  | Elekta AB, Class B | 94463 | 480138 |
| \* | Embracer Group AB | 19378 | 201951 |
| \* | Enad Global 7 AB | 18744 | 33532 |
| \* | Enea AB | 5780 | 42328 |
| # | Engcon AB | 7932 | 68658 |
| # | Eolus AB, Class B | 4740 | 21775 |
|  | Ependion AB | 9101 | 117502 |
|  | Epiroc AB (EPIA SS), <br> Class A<br>| 49725 | 1048499 |
|  | Epiroc AB (EPIB SS), <br> Class B<br>| 29749 | 555193 |
|  | Essity AB (ESSITYA <br> SS), Class A<br>| 2308 | 63440 |
|  | Essity AB (ESSITYB <br> SS), Class B<br>| 46339 | 1272822 |
| Ω | Evolution AB | 8751 | 583057 |
|  | Ework Group AB | 2805 | 28117 |
|  | Fabege AB | 31655 | 278947 |
|  | Fagerhult Group AB | 15139 | 73572 |
| \* | Fastighets AB Balder, <br> Class B<br>| 51845 | 380276 |
| \* | Fastighets AB Trianon | 11978 | 25506 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
| \* | Fastighetsbolaget <br> Emilshus AB, <br> Class B<br>| 1004 | $6166 |
| # | FastPartner AB <br> (FPARA SS), <br> Class A<br>| 12373 | 65425 |
|  | FastPartner AB <br> (FPARD SS), <br> Class D<br>| 1512 | 12073 |
|  | Fenix Outdoor <br> International AG<br>| 1057 | 58313 |
|  | G5 Entertainment AB | 1825 | 18074 |
|  | Getinge AB, Class B | 41823 | 979734 |
|  | Granges AB | 39772 | 581978 |
| \*Ω | Green Landscaping <br> Group AB<br>| 5224 | 25690 |
| \* | Gruvaktiebolaget <br> Viscaria<br>| 20786 | 41833 |
| # | H & M Hennes & <br> Mauritz AB, <br> Class B<br>| 41894 | 791215 |
|  | Hanza AB | 10233 | 141253 |
|  | Heba Fastighets AB, <br> Class B<br>| 12948 | 44551 |
|  | Hemnet Group AB | 23233 | 507076 |
|  | Hexagon AB, Class B | 68934 | 840279 |
| #\* | Hexatronic Group AB | 29315 | 66718 |
|  | Hexpol AB | 64992 | 590922 |
| \* | HMS Networks AB | 7876 | 437186 |
| Ω | Hoist Finance AB | 14551 | 151637 |
|  | Holmen AB (HOLMB <br> SS), Class B<br>| 13019 | 491936 |
|  | Hufvudstaden AB, <br> Class A<br>| 16447 | 218600 |
|  | Humana AB | 15563 | 79268 |
|  | Husqvarna AB <br> (HUSQA SS), <br> Class A<br>| 4692 | 22291 |
| # | Husqvarna AB <br> (HUSQB SS), <br> Class B<br>| 74516 | 352837 |
|  | Indutrade AB | 24134 | 645156 |
|  | Instalco AB | 60436 | 153140 |
| \* | International <br> Petroleum Corp. <br> (IPCO CN)<br>| 1551 | 24638 |
| \* | International <br> Petroleum Corp. <br> (IPCO SS)<br>| 36209 | 563498 |
|  | INVISIO AB | 8043 | 255748 |
|  | Inwido AB | 26224 | 394229 |
| \* | ITAB Shop Concept <br> AB<br>| 8846 | 18658 |
|  | JM AB | 20613 | 293468 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
| \* | John Mattson <br> Fastighetsforetagen <br> AB<br>| 4685 | $32831 |
| \* | Karnov Group AB | 17865 | 210800 |
| #\* | K-fast Holding AB | 34295 | 52695 |
| \* | Klarabo Sverige AB, <br> Class B<br>| 17016 | 27897 |
|  | KNOW IT AB | 9887 | 126199 |
|  | Lagercrantz Group <br> AB, Class B<br>| 47909 | 1172081 |
|  | Lifco AB, Class B | 12938 | 499528 |
|  | Lime Technologies <br> AB<br>| 3930 | 147779 |
| # | Lindab International <br> AB<br>| 26860 | 642554 |
|  | Loomis AB | 26003 | 1047542 |
| \* | Medcap AB | 3268 | 209278 |
|  | Medicover AB, <br> Class B<br>| 18367 | 499336 |
|  | MEKO AB | 14855 | 120160 |
| # | Micro Systemation AB, <br> Class B<br>| 5052 | 37852 |
|  | MIPS AB | 2885 | 103299 |
| \* | Modern Times Group <br> MTG AB, Class B<br>| 32274 | 433841 |
|  | Momentum Group AB | 10010 | 171437 |
| Ω | Munters Group AB | 25014 | 423351 |
|  | Mycronic AB | 37038 | 868866 |
| \* | NCAB Group AB | 30166 | 185419 |
| # | NCC AB, Class B | 29665 | 676240 |
|  | Nederman Holding <br> AB<br>| 2314 | 39257 |
| \* | Neobo Fastigheter AB | 12655 | 25434 |
| \* | Net Insight AB, <br> Class B<br>| 74509 | 29833 |
|  | New Wave Group AB, <br> Class B<br>| 46314 | 545841 |
| # | Nibe Industrier AB, <br> Class B<br>| 89418 | 347953 |
|  | Nilorngruppen AB, <br> Class B<br>| 2755 | 17969 |
|  | Nivika Fastigheter AB, <br> Class B<br>| 8076 | 34974 |
| \* | Nobia AB | 148181 | 69695 |
|  | Nolato AB, Class B | 69620 | 460734 |
|  | Nordnet AB publ | 25003 | 721969 |
| \* | Norion Bank AB | 21791 | 162359 |
|  | Note AB | 5347 | 106163 |
| # | NP3 Fastigheter AB | 8033 | 218677 |
|  | Nyfosa AB | 37089 | 315494 |
|  | OEM International AB, <br> Class B<br>| 17660 | 287220 |
| \* | Orron Energy AB | 75740 | 34867 |
| \* | Ovzon AB | 22398 | 76603 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Pandox AB | 27343 | $545537 |
|  | Peab AB, Class B | 64301 | 520394 |
|  | Platzer Fastigheter <br> Holding AB, <br> Class B<br>| 15074 | 115719 |
|  | Prevas AB, Class B | 1225 | 9875 |
| \* | Pricer AB, Class B | 61892 | 29290 |
|  | Proact IT Group AB | 13302 | 144447 |
|  | Ratos AB, Class B | 61534 | 248936 |
|  | RaySearch <br> Laboratories AB<br>| 10869 | 255125 |
|  | Rejlers AB | 4668 | 97646 |
| \* | Rottneros AB | 65734 | 18836 |
|  | Rusta AB | 9598 | 63414 |
|  | Rvrc Holding AB | 22271 | 152316 |
|  | Saab AB, Class B | 5220 | 287238 |
|  | Sagax AB (SAGAB <br> SS), Class B<br>| 14443 | 324111 |
| \* | Samhallsbyggnadsbolaget <br> i Norden AB<br>| 209064 | 114773 |
|  | Sandvik AB | 65394 | 1977480 |
|  | Scandi Standard AB | 21297 | 220561 |
| Ω | Scandic Hotels Group <br> AB<br>| 70844 | 688601 |
| \* | Sdiptech AB, Class B | 8724 | 173681 |
|  | Sectra AB, Class B | 27667 | 877657 |
| # | Securitas AB, Class B | 66906 | 985583 |
| \* | Sedana Medical AB | 19405 | 21281 |
| \* | Sensys Gatso Group <br> AB<br>| 4148 | 16528 |
| \*Ω | Sinch AB | 232254 | 841029 |
|  | SinterCast AB | 992 | 11419 |
|  | Skandinaviska <br> Enskilda Banken AB <br> (SEBA SS), <br> Class A<br>| 109777 | 2095596 |
|  | Skandinaviska <br> Enskilda Banken AB <br> (SEBC SS), <br> Class C<br>| 1726 | 33606 |
|  | Skanska AB, Class B | 45055 | 1226938 |
|  | SKF AB (SKFA SS), <br> Class A<br>| 3007 | 78414 |
|  | SKF AB (SKFB SS), <br> Class B<br>| 54642 | 1400585 |
|  | SkiStar AB | 15716 | 262427 |
|  | Solid Forsakring AB | 5351 | 43523 |
|  | SSAB AB (SSABA <br> SS), Class A<br>| 40568 | 256615 |
|  | SSAB AB (SSABAH <br> FH), Class A<br>| 2266 | 14138 |
|  | SSAB AB (SSABB <br> SS), Class B<br>| 113319 | 701659 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | SSAB AB (SSABBH <br> FH), Class B<br>| 12844 | $79740 |
| \* | Stendorren <br> Fastigheter AB<br>| 3083 | 63908 |
|  | Stenhus Fastigheter I <br> Norden AB<br>| 9581 | 10770 |
| \* | Stillfront Group AB | 162501 | 110249 |
|  | Storskogen Group AB, <br> Class B<br>| 489739 | 506026 |
|  | Svedbergs Group AB | 9684 | 60404 |
|  | Svenska Cellulosa AB <br> SCA (SCAA SS), <br> Class A<br>| 3121 | 41793 |
|  | Svenska Cellulosa AB <br> SCA (SCAB SS), <br> Class B<br>| 78467 | 1045191 |
|  | Svenska <br> Handelsbanken AB <br> (SHBA SS), <br> Class A<br>| 74650 | 974132 |
|  | Svenska <br> Handelsbanken AB <br> (SHBB SS), <br> Class B<br>| 1473 | 32259 |
|  | Sweco AB, Class B | 32753 | 590160 |
|  | Swedbank AB, <br> Class A<br>| 63812 | 1937382 |
| \* | Swedish Logistic <br> Property AB, <br> Class B<br>| 16381 | 72055 |
| \* | Swedish Orphan <br> Biovitrum AB<br>| 7328 | 252473 |
|  | Synsam AB | 39659 | 250953 |
|  | Systemair AB | 26063 | 214271 |
|  | Tele2 AB, Class B | 98298 | 1561555 |
|  | Telefonaktiebolaget <br> LM Ericsson <br> (ERICA SS), <br> Class A<br>| 9881 | 100403 |
|  | Telefonaktiebolaget <br> LM Ericsson <br> (ERICB SS), <br> Class B<br>| 330612 | 3354343 |
|  | Telia Co. AB | 444781 | 1750955 |
|  | TF Bank AB | 11012 | 214667 |
| Ω | Thule Group AB | 11321 | 290048 |
|  | Trelleborg AB, <br> Class B<br>| 28963 | 1208690 |
|  | Troax Group AB | 12721 | 192825 |
|  | Truecaller AB, <br> Class B<br>| 54639 | 162868 |
|  | VBG Group AB, <br> Class B<br>| 6933 | 263662 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
| \* | Vestum AB | 30839 | $28218 |
| #\* | Viaplay Group AB | 156249 | 16446 |
|  | Vitec Software Group <br> AB, Class B<br>| 5458 | 190490 |
|  | Vitrolife AB | 17865 | 275726 |
|  | Volati AB | 6306 | 71119 |
|  | Volvo AB (VOLVA SS), <br> Class A<br>| 26966 | 736909 |
|  | Volvo AB (VOLVB <br> SS), Class B<br>| 208445 | 5710361 |
| #\* | Volvo Car AB, <br> Class B<br>| 57959 | 200837 |
| # | Wallenstam AB, <br> Class B<br>| 53598 | 248005 |
|  | Wihlborgs Fastigheter <br> AB<br>| 43452 | 422244 |
|  | XANO Industri AB, <br> Class B<br>| 1575 | 10335 |
| #\* | XSpray Pharma AB | 2462 | 6617 |
| TOTAL SWEDEN | TOTAL SWEDEN |  | 88247668 |
| SWITZERLAND — (5.0%) | SWITZERLAND — (5.0%) | SWITZERLAND — (5.0%) | SWITZERLAND — (5.0%) |
|  | ABB Ltd. | 81931 | 6091366 |
|  | Accelleron Industries <br> AG (ACLN SW)<br>| 37593 | 3081524 |
|  | Adecco Group AG | 41830 | 1166320 |
| # | Alcon AG | 65684 | 4853420 |
|  | Allreal Holding AG | 6223 | 1487351 |
|  | ALSO Holding AG | 1760 | 505704 |
| \* | Amrize Ltd. | 70308 | 3638151 |
| \* | ams-OSRAM AG | 8491 | 117495 |
|  | APG SGA SA | 317 | 83529 |
|  | Arbonia AG | 19716 | 124672 |
| \* | Aryzta AG | 7766 | 497936 |
|  | Ascom Holding AG | 11095 | 49359 |
|  | Autoneum Holding <br> AG<br>| 1032 | 205297 |
|  | Avolta AG | 34258 | 1805877 |
|  | Baloise Holding AG | 15489 | 3846554 |
|  | Banque Cantonale de <br> Geneve<br>| 7670 | 237773 |
|  | Banque Cantonale <br> Vaudoise<br>| 9755 | 1132620 |
| # | Barry Callebaut AG | 517 | 672121 |
| \* | Basilea <br> Pharmaceutica Ag <br> Allschwil<br>| 926 | 53632 |
|  | Belimo Holding AG | 1187 | 1280707 |
|  | Bell Food Group AG | 800 | 229538 |
|  | Bellevue Group AG | 2041 | 21849 |
|  | Berner Kantonalbank <br> AG<br>| 2023 | 659042 |
|  | BKW AG | 3991 | 893216 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Bossard Holding AG, <br> Class A<br>| 2300 | $499800 |
|  | Bucher Industries AG | 2792 | 1238880 |
|  | Burckhardt <br> Compression <br> Holding AG<br>| 1117 | 772569 |
|  | Burkhalter Holding <br> AG<br>| 2319 | 411818 |
|  | Bystronic AG | 443 | 164650 |
| # | Calida Holding AG | 469 | 7933 |
| \* | Carlo Gavazzi Holding <br> AG<br>| 167 | 33122 |
|  | Cembra Money Bank <br> AG<br>| 11681 | 1335757 |
|  | Chocoladefabriken <br> Lindt & Spruengli <br> AG<br>| 7 | 1072297 |
| \* | Cicor Technologies <br> Ltd.<br>| 1175 | 323134 |
|  | Cie Financiere <br> Richemont SA, <br> Class A<br>| 33209 | 6568925 |
|  | Cie Financiere <br> Tradition SA<br>| 1048 | 396836 |
|  | Clariant AG | 43008 | 385614 |
|  | Coltene Holding AG | 1259 | 70954 |
|  | COSMO <br> Pharmaceuticals <br> NV<br>| 1934 | 162765 |
| # | CPH Group AG | 347 | 30216 |
|  | Daetwyler Holding AG | 1783 | 328787 |
|  | DKSH Holding AG | 14115 | 984318 |
|  | dormakaba Holding <br> AG<br>| 10880 | 929334 |
|  | DSM-Firmenich AG | 14338 | 1168675 |
|  | EFG International AG | 45706 | 953102 |
|  | Emmi AG | 776 | 689527 |
| # | EMS-Chemie Holding <br> AG<br>| 401 | 274657 |
| #\* | Feintool International <br> Holding AG<br>| 1631 | 19266 |
|  | Flughafen Zurich AG | 8360 | 2469424 |
|  | Forbo Holding AG | 272 | 249916 |
|  | Fundamenta Real <br> Estate AG<br>| 4475 | 95967 |
|  | Galderma Group AG | 4004 | 743591 |
| Ω | Galenica AG | 21300 | 2295535 |
|  | Geberit AG | 6209 | 4538927 |
|  | Georg Fischer AG | 24956 | 1762128 |
|  | Givaudan SA | 477 | 1954100 |
|  | Glarner Kantonalbank | 1297 | 33206 |
|  | Helvetia Holding AG | 14537 | 3572158 |
|  | Hiag Immobilien <br> Holding AG<br>| 977 | 134373 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Holcim AG (HOLN <br> SW)<br>| 63568 | $5651272 |
|  | Huber & Suhner AG | 6475 | 1185874 |
|  | Hypothekarbank <br> Lenzburg AG<br>| 3 | 14922 |
|  | Implenia AG | 3093 | 245430 |
|  | Inficon Holding AG | 5249 | 629714 |
|  | Interroll Holding AG | 159 | 490659 |
|  | Intershop Holding AG | 1435 | 281291 |
|  | Investis Holding SA | 981 | 160320 |
|  | Julius Baer Group <br> Ltd.<br>| 42427 | 2864184 |
|  | Jungfraubahn Holding <br> AG<br>| 1642 | 482699 |
|  | Kardex Holding AG | 1086 | 408489 |
| \* | Komax Holding AG | 684 | 56361 |
| \* | Kudelski SA | 13192 | 21197 |
|  | Kuehne & Nagel <br> International AG<br>| 5141 | 986283 |
|  | Landis & Gyr Group <br> AG<br>| 7382 | 534787 |
| \* | LEM Holding SA | 71 | 40321 |
|  | Liechtensteinische <br> Landesbank AG<br>| 5570 | 547970 |
| # | Logitech International <br> SA (LOGI US)<br>| 14126 | 1703031 |
|  | Logitech International <br> SA (LOGN SW)<br>| 1150 | 138251 |
|  | Lonza Group AG | 7196 | 4969065 |
|  | Luzerner <br> Kantonalbank AG<br>| 6892 | 701103 |
| Ω | Medacta Group SA | 1181 | 218819 |
| Ω | Medmix AG | 7618 | 87504 |
|  | Meier Tobler Group <br> AG<br>| 1836 | 90106 |
| # | Metall Zug AG, <br> Class B<br>| 70 | 64682 |
|  | Mikron Holding AG | 3910 | 103976 |
|  | Mobilezone Holding <br> AG<br>| 11233 | 167884 |
|  | Mobimo Holding AG | 2861 | 1212726 |
| \* | Molecular Partners <br> AG<br>| 3503 | 12656 |
| \*Ω | Montana Aerospace <br> AG<br>| 7478 | 296480 |
|  | Naturenergie Holding <br> AG<br>| 1434 | 59140 |
|  | Nestle SA | 216082 | 20645834 |
|  | Novartis AG (NOVN <br> SW)<br>| 88289 | 10926793 |
| # | Novartis AG (NVS <br> US), Sponsored <br> ADR<br>| 127293 | 15757600 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Novavest Real Estate <br> AG<br>| 1587 | $78567 |
|  | OC Oerlikon Corp. AG <br> Pfaffikon<br>| 48835 | 174633 |
| #\* | Orior AG | 2610 | 44079 |
|  | Partners Group <br> Holding AG<br>| 2617 | 3204822 |
|  | Phoenix Mecano AG | 286 | 155886 |
|  | Plazza AG, Class A | 241 | 119400 |
| \*Ω | PolyPeptide Group <br> AG<br>| 3457 | 111960 |
|  | PSP Swiss Property <br> AG<br>| 10900 | 1885304 |
|  | Rieter Holding AG | 19994 | 85386 |
|  | Roche Holding AG <br> (RO SW)<br>| 2458 | 833910 |
|  | Roche Holding AG <br> (ROG SW)<br>| 52911 | 17138940 |
|  | Romande Energie <br> Holding SA<br>| 2262 | 121659 |
|  | Sandoz Group AG <br> (SDZ SW)<br>| 112680 | 7513127 |
|  | Sandoz Group AG <br> (SDZNY US), ADR<br>| 11882 | 790509 |
|  | Schindler Holding AG | 1827 | 617599 |
|  | Schweiter <br> Technologies AG<br>| 269 | 92916 |
| # | Schweizerische <br> Nationalbank<br>| 18 | 79169 |
| \*Ω | Sensirion Holding AG | 904 | 64781 |
|  | SFS Group AG | 6263 | 849368 |
|  | SGS SA | 31976 | 3605927 |
|  | Siegfried Holding AG | 15790 | 1523098 |
|  | SIG Group AG | 94908 | 1061142 |
|  | Sika AG | 14671 | 2875336 |
|  | SKAN Group AG | 913 | 59650 |
| \* | Softwareone Holding <br> AG<br>| 23851 | 243653 |
|  | Sonova Holding AG | 8829 | 2408288 |
|  | St. Galler <br> Kantonalbank AG<br>| 1088 | 690138 |
|  | Stadler Rail AG | 11676 | 286313 |
|  | Straumann Holding <br> AG<br>| 6598 | 829380 |
|  | Sulzer AG | 7639 | 1276667 |
|  | Sunrise <br> Communications <br> AG, Class A<br>| 6065 | 332436 |
|  | Swatch Group AG <br> (UHR SW)<br>| 8143 | 1701777 |
|  | Swatch Group AG <br> (UHRN SW)<br>| 16186 | 686300 |
|  | Swiss Life Holding <br> AG<br>| 4659 | 5057121 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Swiss Prime Site AG | 28809 | $4094995 |
|  | Swiss Re AG | 47666 | 8703904 |
| # | Swisscom AG | 5795 | 4244969 |
|  | Swissquote Group <br> Holding SA<br>| 4529 | 2877466 |
|  | Tecan Group AG | 616 | 112490 |
|  | Temenos AG | 15937 | 1504741 |
|  | Thurgauer <br> Kantonalbank<br>| 389 | 75416 |
|  | TX Group AG | 1242 | 313680 |
| \* | u-blox Holding AG | 2217 | 370809 |
| #\* | UBS Group AG (UBS <br> US)<br>| 7116 | 272992 |
|  | UBS Group AG <br> (UBSG SW)<br>| 204461 | 7823764 |
|  | Valiant Holding AG | 6005 | 988380 |
|  | Varia U.S. Properties <br> AG<br>| 573 | 13838 |
| Ω | VAT Group AG | 1893 | 827273 |
|  | Vaudoise Assurances <br> Holding SA<br>| 194 | 148990 |
|  | Vetropack Holding AG | 4154 | 110797 |
|  | Vontobel Holding AG | 11746 | 890689 |
|  | VP Bank AG, Class A | 1150 | 115358 |
|  | VZ Holding AG | 5041 | 984749 |
|  | V-ZUG Holding AG | 602 | 31033 |
|  | Walliser <br> Kantonalbank<br>| 162 | 25987 |
|  | Warteck Invest AG | 42 | 101304 |
|  | Ypsomed Holding AG | 570 | 223808 |
|  | Zehnder Group AG | 2900 | 255539 |
| \* | Zueblin Immobilien <br> Holding AG<br>| 454 | 27651 |
|  | Zug Estates Holding <br> AG, Class B<br>| 76 | 202075 |
|  | Zuger Kantonalbank | 33 | 359975 |
|  | Zurich Insurance <br> Group AG<br>| 10056 | 6993657 |
| TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 240460307 |
| TAIWAN — (6.5%) | TAIWAN — (6.5%) | TAIWAN — (6.5%) | TAIWAN — (6.5%) |
|  | 91APP, Inc. | 18000 | 42143 |
|  | Aaeon Technology, <br> Inc.<br>| 5248 | 23020 |
|  | Abico Avy Co. Ltd. | 48134 | 77814 |
| # | Ability Enterprise Co. <br> Ltd.<br>| 117564 | 326254 |
|  | Ability <br> Opto-Electronics <br> Technology Co. <br> Ltd.<br>| 7083 | 22641 |
|  | AcBel Polytech, Inc. | 215786 | 304296 |
|  | Accton Technology <br> Corp.<br>| 73000 | 2538699 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Acer E-Enabling <br> Service Business, <br> Inc.<br>| 6000 | $44794 |
|  | Acer, Inc. | 654000 | 637209 |
| # | ACES Electronic Co. <br> Ltd.<br>| 39719 | 88458 |
| \* | Acme Electronics <br> Corp.<br>| 24000 | 22705 |
| \* | Acon Holding, Inc. | 79041 | 21141 |
|  | Acter Group Corp. <br> Ltd.<br>| 34470 | 860410 |
|  | Action Electronics Co. <br> Ltd.<br>| 63000 | 23080 |
|  | Actron Technology <br> Corp.<br>| 19000 | 85690 |
|  | ADATA Technology <br> Co. Ltd.<br>| 103976 | 667479 |
|  | Addcn Technology Co. <br> Ltd.<br>| 13106 | 74620 |
| \* | Adimmune Corp. | 112000 | 69245 |
|  | Advanced Ceramic X <br> Corp.<br>| 12000 | 46301 |
|  | Advanced Energy <br> Solution Holding <br> Co. Ltd.<br>| 10000 | 380678 |
|  | Advanced <br> International <br> Multitech Co. Ltd.<br>| 60000 | 116372 |
| \* | Advanced <br> Optoelectronic <br> Technology, Inc.<br>| 31000 | 15284 |
|  | Advanced Power <br> Electronics Corp.<br>| 29000 | 96014 |
|  | Advanced Wireless <br> Semiconductor Co.<br>| 41000 | 147397 |
| # | Advancetek Enterprise <br> Co. Ltd.<br>| 96571 | 110363 |
|  | Advantech Co. Ltd. | 23757 | 241309 |
|  | Aero Win Technology <br> Corp.<br>| 22000 | 30994 |
|  | Aerospace Industrial <br> Development Corp.<br>| 150000 | 257064 |
|  | AGV Products Corp. | 191875 | 64211 |
|  | AIC, Inc. | 7000 | 86178 |
|  | Air Asia Co. Ltd. | 10000 | 16738 |
|  | Airoha Technology <br> Corp.<br>| 6000 | 97146 |
|  | Airtac International <br> Group<br>| 39122 | 1153902 |
|  | Alchip Technologies <br> Ltd.<br>| 4000 | 450636 |
| # | Alexander Marine Co. <br> Ltd.<br>| 9108 | 57571 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | ALI Corp. | 28000 | $25609 |
|  | Allied Circuit Co. Ltd. | 14019 | 77387 |
|  | Allied Supreme Corp. | 10000 | 80137 |
| # | Allis Electric Co. Ltd. | 42603 | 152461 |
|  | Alltek Technology <br> Corp.<br>| 49040 | 50883 |
| # | Alltop Technology Co. <br> Ltd.<br>| 16000 | 128280 |
|  | Alpha Networks, Inc. | 78072 | 82055 |
| # | Altek Corp. | 130445 | 209361 |
|  | Amazing <br> Microelectronic <br> Corp.<br>| 21965 | 71174 |
|  | Ambassador Hotel  | 109000 | 152133 |
|  | AMPACS Corp. | 20000 | 19028 |
|  | Ampak Technology, <br> Inc.<br>| 6000 | 13265 |
|  | Ampire Co. Ltd. | 28000 | 22942 |
|  | Ample Electronic <br> Technology Co. <br> Ltd.<br>| 7350 | 40875 |
|  | AMPOC Far-East Co. <br> Ltd.<br>| 24376 | 71477 |
|  | AmTRAN Technology <br> Co. Ltd.<br>| 228665 | 104185 |
| \* | Amulaire Thermal <br> Technology, Inc.<br>| 11000 | 13012 |
|  | Anji Technology Co. <br> Ltd.<br>| 22000 | 26571 |
|  | Aopen, Inc. | 11000 | 17279 |
|  | Apac Opto <br> Electronics, Inc.<br>| 20000 | 52270 |
|  | Apacer Technology, <br> Inc.<br>| 35750 | 119834 |
|  | APAQ Technology Co. <br> Ltd.<br>| 10000 | 59792 |
|  | Apex Biotechnology <br> Corp.<br>| 32000 | 34188 |
| #\* | Apex International Co. <br> Ltd.<br>| 72424 | 48872 |
|  | Apex Science & <br> Engineering<br>| 72828 | 26018 |
|  | Arcadyan Technology <br> Corp.<br>| 43540 | 284541 |
|  | Ardentec Corp. | 200990 | 609058 |
|  | ARES International <br> Corp.<br>| 9000 | 14804 |
|  | Argosy Research, <br> Inc.<br>| 23714 | 141009 |
|  | Arizon RFID <br> Technology Cayman <br> Co. Ltd.<br>| 7000 | 31947 |
|  | ASE Technology <br> Holding Co. Ltd.<br>| 220931 | 1767616 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Asia Cement Corp. | 501000 | $590501 |
|  | Asia Optical Co., Inc. | 63000 | 319537 |
|  | Asia Polymer Corp. | 134319 | 54700 |
|  | Asia Tech Image, Inc. | 12000 | 29680 |
|  | Asia Vital <br> Components Co. <br> Ltd.<br>| 39814 | 1822716 |
|  | ASIX Electronics <br> Corp.<br>| 12000 | 37065 |
|  | ASMedia Technology, <br> Inc.<br>| 4260 | 198903 |
|  | ASolid Technology Co. <br> Ltd.<br>| 10000 | 25526 |
|  | ASPEED Technology, <br> Inc.<br>| 6500 | 1152730 |
|  | ASROCK, Inc. | 15000 | 156041 |
|  | Asustek Computer, <br> Inc.<br>| 66000 | 1491039 |
|  | ATE Energy <br> International Co. <br> Ltd.<br>| 20000 | 19489 |
|  | Aten International Co. <br> Ltd.<br>| 33000 | 64938 |
|  | Auden Techno Corp. | 13000 | 40919 |
|  | Audix Corp. | 34000 | 71355 |
| # | AUO Corp. (2409 TT) | 1341000 | 527341 |
|  | AURAS Technology <br> Co. Ltd.<br>| 5000 | 170221 |
|  | Aurora Corp. | 14100 | 26418 |
|  | Avalue Technology, <br> Inc.<br>| 20000 | 72278 |
|  | Avermedia <br> Technologies<br>| 21000 | 26761 |
|  | Axiomtek Co. Ltd. | 20993 | 55914 |
|  | Azurewave <br> Technologies, Inc.<br>| 11000 | 26030 |
|  | Bafang Yunji <br> International Co. <br> Ltd.<br>| 14000 | 87605 |
|  | Bank of Kaohsiung <br> Co. Ltd.<br>| 351560 | 138269 |
|  | Basso Industry Corp. | 40000 | 42376 |
| # | BenQ Materials Corp. | 59000 | 39824 |
| \* | BES Engineering <br> Corp.<br>| 618000 | 307624 |
| \* | Billion Electric Co. <br> Ltd.<br>| 34000 | 26145 |
| \* | Bin Chuan Enterprise <br> Co. Ltd.<br>| 22000 | 47512 |
|  | B'in Live Co. Ltd. | 10093 | 25795 |
|  | Bionet Corp. | 6425 | 21604 |
| \* | Bionime Corp. | 12098 | 24179 |
| \* | Biostar Microtech <br> International Corp.<br>| 38000 | 28062 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Bioteque Corp. | 15000 | $60003 |
|  | Bizlink Holding, Inc. | 43424 | 1951835 |
|  | Bon Fame Co. Ltd. | 12000 | 19953 |
|  | Bonny Worldwide Ltd. | 3000 | 15123 |
|  | Bora Pharmaceuticals <br> Co. Ltd.<br>| 7790 | 157195 |
|  | Brave C&H Supply <br> Co. Ltd.<br>| 11000 | 25941 |
|  | Bright Led Electronics <br> Corp.<br>| 41000 | 27249 |
|  | Brightek <br> Optoelectronic Co. <br> Ltd.<br>| 11000 | 14831 |
|  | Brighten Optix Corp. | 2248 | 14498 |
|  | Brighton-Best <br> International <br> Taiwan, Inc.<br>| 109423 | 119144 |
|  | Brillian Network & <br> Automation <br> Integrated System <br> Co. Ltd.<br>| 5431 | 41831 |
|  | Brogent Technologies, <br> Inc.<br>| 10000 | 30880 |
|  | C Sun Manufacturing <br> Ltd.<br>| 12939 | 73939 |
| \* | Calin Technology Co. <br> Ltd.<br>| 21000 | 23087 |
| \* | Caliway <br> Biopharmaceuticals <br> Co. Ltd.<br>| 20000 | 97020 |
| \* | Cameo <br> Communications, <br> Inc.<br>| 90763 | 29481 |
|  | Capital Futures Corp. | 53629 | 86193 |
|  | Capital Securities <br> Corp.<br>| 787680 | 624951 |
| \* | Career Technology <br> MFG. Co. Ltd.<br>| 147796 | 71026 |
|  | Castles Technology <br> Co. Ltd.<br>| 18742 | 43232 |
|  | Caswell, Inc. | 10000 | 27269 |
| # | Catcher Technology <br> Co. Ltd.<br>| 137000 | 883409 |
|  | Cathay Consolidated, <br> Inc.<br>| 5000 | 13143 |
|  | Cathay Financial <br> Holding Co. Ltd.<br>| 822286 | 1706483 |
|  | Cathay Real Estate <br> Development Co. <br> Ltd.<br>| 213000 | 157916 |
| \* | CCP Contact Probes <br> Co. Ltd.<br>| 36074 | 63381 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Celxpert Energy <br> Corp.<br>| 34390 | $45426 |
|  | Cenra, Inc. | 47500 | 52443 |
| # | Center Laboratories, <br> Inc.<br>| 202871 | 223949 |
|  | Central Reinsurance <br> Co. Ltd.<br>| 126880 | 101176 |
|  | Century Iron & Steel <br> Industrial Co. Ltd.<br>| 46000 | 228831 |
| # | Chailease Holding Co. <br> Ltd.<br>| 334754 | 1118940 |
| \* | ChainQui Construction <br> Development Co. <br> Ltd.<br>| 27000 | 12969 |
|  | Chaintech Technology <br> Corp.<br>| 13000 | 12300 |
|  | Champion Building <br> Materials Co. Ltd.<br>| 106200 | 31357 |
|  | Champion <br> Microelectronic <br> Corp.<br>| 11000 | 26183 |
|  | Chang Hwa <br> Commercial Bank <br> Ltd.<br>| 1332224 | 856799 |
|  | Chang Wah <br> Electromaterials, <br> Inc.<br>| 116000 | 170337 |
|  | Chang Wah <br> Technology Co. <br> Ltd.<br>| 112000 | 146451 |
|  | Channel Well <br> Technology Co. <br> Ltd.<br>| 60000 | 150305 |
|  | Chant Sincere Co. <br> Ltd.<br>| 12000 | 15617 |
|  | Charoen Pokphand <br> Enterprise<br>| 65000 | 289391 |
|  | CHC Healthcare <br> Group<br>| 46000 | 64412 |
|  | CHC Resources <br> Corp.<br>| 33000 | 75370 |
|  | Chen Full International <br> Co. Ltd.<br>| 38000 | 49289 |
|  | Chenbro Micom Co. <br> Ltd.<br>| 10000 | 298817 |
|  | Cheng Fwa Industrial <br> Co. Ltd.<br>| 23000 | 16008 |
|  | Cheng Loong Corp. | 271000 | 150460 |
| \* | Cheng Mei Materials <br> Technology Corp.<br>| 126408 | 56241 |
|  | Cheng Shin Rubber <br> Industry Co. Ltd.<br>| 431000 | 446809 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Cheng Uei Precision <br> Industry Co. Ltd.<br>| 139000 | $222231 |
| # | Chenming Electronic <br> Technology Corp.<br>| 32000 | 128451 |
|  | Chia Chang Co. Ltd. | 40000 | 53824 |
|  | Chia Hsin Cement <br> Corp.<br>| 219300 | 92215 |
|  | Chicony Electronics <br> Co. Ltd.<br>| 257773 | 1087064 |
| # | Chicony Power <br> Technology Co. <br> Ltd.<br>| 54481 | 159338 |
|  | Chief Telecom, Inc. | 7600 | 89244 |
|  | Chien Kuo <br> Construction Co. <br> Ltd.<br>| 35360 | 29884 |
|  | Chien Shing Harbour <br> Service Co. Ltd.<br>| 9000 | 12591 |
|  | China Airlines Ltd. | 1491000 | 966627 |
|  | China Bills Finance <br> Corp.<br>| 341000 | 184595 |
|  | China Ecotek Corp. | 6000 | 10784 |
|  | China Electric <br> Manufacturing <br> Corp.<br>| 91530 | 37580 |
| # | China General <br> Plastics Corp.<br>| 116626 | 42030 |
|  | China Glaze Co. Ltd. | 48000 | 28651 |
| \* | China Man-Made <br> Fiber Corp.<br>| 412861 | 83774 |
|  | China Metal Products | 121000 | 103207 |
| # | China Motor Corp. | 85200 | 161265 |
| \* | China Petrochemical <br> Development Corp.<br>| 1091069 | 265708 |
| # | China Steel Chemical <br> Corp.<br>| 43000 | 113782 |
|  | China Steel Corp. | 1243000 | 750031 |
|  | China Steel Structure <br> Co. Ltd.<br>| 25000 | 33416 |
|  | China Wire & Cable <br> Co. Ltd.<br>| 31000 | 38413 |
|  | Chinese Maritime <br> Transport Ltd.<br>| 33000 | 61271 |
|  | Ching Feng Home <br> Fashions Co. Ltd.<br>| 60478 | 38842 |
|  | Chin-Poon Industrial <br> Co. Ltd.<br>| 114000 | 121241 |
|  | Chipbond Technology <br> Corp.<br>| 205000 | 396727 |
|  | ChipMOS <br> Technologies, Inc. <br> (8150 TT)<br>| 182133 | 191605 |
|  | Chlitina Holding Ltd. | 14422 | 46836 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Chong Hong <br> Construction Co. <br> Ltd.<br>| 64100 | $163953 |
|  | Chroma ATE, Inc. | 43000 | 1138497 |
|  | Chun Yuan Steel <br> Industry Co. Ltd.<br>| 185000 | 114997 |
| \* | Chung Hung Steel <br> Corp.<br>| 230000 | 110398 |
|  | Chung Hwa Chemical <br> Industrial Works <br> Ltd.<br>| 21000 | 23956 |
|  | Chung Hwa Food <br> Industrial Co. Ltd.<br>| 5500 | 15439 |
| #\* | Chung Hwa Pulp <br> Corp.<br>| 171228 | 69464 |
|  | Chung-Hsin Electric & <br> Machinery <br> Manufacturing <br> Corp.<br>| 112000 | 556026 |
|  | Chunghwa Precision <br> Test Tech Co. Ltd.<br>| 4000 | 208330 |
|  | Chunghwa Telecom <br> Co. Ltd. (2412 TT)<br>| 197000 | 839408 |
|  | Chunghwa Telecom <br> Co. Ltd. (CHT US), <br> Sponsored ADR<br>| 3400 | 144772 |
|  | Chyang Sheng Texing <br> Co. Ltd.<br>| 19000 | 10492 |
|  | Cleanaway Co. Ltd. <br> (8422 TT)<br>| 20000 | 157072 |
|  | Clevo Co. | 193000 | 247712 |
|  | CMC Magnetics <br> Corp.<br>| 450929 | 133452 |
|  | C-Media Electronics, <br> Inc.<br>| 8000 | 10599 |
|  | Collins Co. Ltd. | 42000 | 18605 |
|  | Compal Electronics, <br> Inc.<br>| 1172000 | 1252343 |
|  | Compeq <br> Manufacturing Co. <br> Ltd.<br>| 442000 | 1249200 |
|  | Complex Micro <br> Interconnection Co. <br> Ltd.<br>| 17000 | 21548 |
|  | Compucase <br> Enterprise<br>| 24000 | 77598 |
|  | Concord International <br> Securities Co. Ltd.<br>| 102257 | 53140 |
|  | Concord Securities <br> Co. Ltd.<br>| 262674 | 108666 |
|  | Continental Holdings <br> Corp.<br>| 179000 | 125913 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Contrel Technology <br> Co. Ltd.<br>| 49000 | $62593 |
|  | Coremax Corp. | 31409 | 65436 |
| # | Coretronic Corp. | 130000 | 368616 |
|  | Co-Tech Development <br> Corp.<br>| 90552 | 687555 |
| # | Creative Sensor, Inc. | 28800 | 49814 |
|  | Crowell Development <br> Corp.<br>| 19950 | 20030 |
| \* | CSBC Corp. Taiwan | 168000 | 106584 |
|  | CTBC Financial <br> Holding Co. Ltd.<br>| 1968563 | 2673471 |
|  | CTCI Corp. | 196933 | 195224 |
|  | CviLux Corp. | 28360 | 75429 |
|  | Cyberlink Corp. | 14000 | 42625 |
|  | CyberPower Systems, <br> Inc.<br>| 17850 | 138372 |
| \* | CyberTAN Technology, <br> Inc.<br>| 102000 | 88075 |
|  | DA CIN Construction <br> Co. Ltd.<br>| 88800 | 189276 |
|  | Dafeng TV Ltd. | 12000 | 19132 |
|  | Dah San Electric Wire <br> & Cable Co. Ltd.<br>| 11891 | 17793 |
|  | Da-Li Development <br> Co. Ltd.<br>| 116859 | 187124 |
|  | Darfon Electronics <br> Corp.<br>| 95000 | 110990 |
|  | Darwin Precisions <br> Corp.<br>| 152100 | 55236 |
|  | Data Image Corp. | 7000 | 9784 |
|  | Davicom <br> Semiconductor, Inc.<br>| 13000 | 10449 |
|  | Daxin Materials Corp. | 9900 | 122238 |
|  | De Licacy Industrial <br> Co. Ltd.<br>| 88542 | 31314 |
|  | Delpha Construction <br> Co. Ltd.<br>| 80000 | 76916 |
|  | Delta Electronics, Inc. | 56365 | 1812916 |
| # | Depo Auto Parts Ind <br> Co. Ltd.<br>| 49000 | 217070 |
|  | DFI, Inc. | 8000 | 17712 |
|  | Dimerco Data System <br> Corp.<br>| 12704 | 50382 |
|  | Dimerco Express <br> Corp.<br>| 40614 | 106178 |
|  | DingZing Advanced <br> Materials, Inc.<br>| 5000 | 15870 |
|  | D-Link Corp. | 202096 | 109217 |
|  | Donpon Precision, <br> Inc.<br>| 16800 | 25960 |
|  | Draytek Corp. | 12000 | 10640 |
|  | Drewloong Precision, <br> Inc.<br>| 5128 | 25211 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Dyaco International, <br> Inc.<br>| 44433 | $32835 |
|  | Dynamic Holding Co. <br> Ltd.<br>| 73086 | 212431 |
|  | Dynapack <br> International <br> Technology Corp.<br>| 48000 | 476627 |
|  | E Ink Holdings, Inc. | 83000 | 570203 |
|  | E.Sun Financial <br> Holding Co. Ltd.<br>| 1796127 | 1734961 |
|  | Eastech Holding Ltd. | 9000 | 31780 |
|  | Eastern Media <br> International Corp.<br>| 83913 | 56215 |
|  | Eclat Textile Co. Ltd. | 52583 | 698855 |
|  | eCloudvalley Digital <br> Technology Co. <br> Ltd.<br>| 11000 | 25600 |
|  | ECOVE Environment <br> Corp.<br>| 10000 | 93958 |
|  | Edimax Technology <br> Co. Ltd.<br>| 97000 | 62156 |
| # | Edison Opto Corp. | 23136 | 13431 |
| #\* | Edom Technology Co. <br> Ltd.<br>| 72013 | 88472 |
|  | eGalax_eMPIA <br> Technology, Inc.<br>| 19695 | 24358 |
| #\* | Egis Technology, Inc. | 19000 | 84572 |
| \* | EirGenix, Inc. | 6000 | 13046 |
|  | Elan Microelectronics <br> Corp.<br>| 73900 | 296800 |
|  | E-Lead Electronic Co. <br> Ltd.<br>| 17429 | 24926 |
|  | E-LIFE MALL Corp. | 23000 | 49541 |
|  | Elite Advanced Laser <br> Corp.<br>| 18768 | 165672 |
|  | Elite Material Co. Ltd. | 25000 | 1098392 |
| # | Elite Semiconductor <br> Microelectronics <br> Technology, Inc.<br>| 86000 | 250478 |
|  | Elitegroup Computer <br> Systems Co. Ltd.<br>| 105435 | 69285 |
|  | eMemory Technology, <br> Inc.<br>| 12000 | 772775 |
|  | Emerging Display <br> Technologies Corp.<br>| 46000 | 30819 |
|  | Ennoconn Corp. | 30840 | 292263 |
|  | Ennostar, Inc. | 181450 | 201711 |
|  | EnTie Commercial <br> Bank Co. Ltd.<br>| 251000 | 107576 |
|  | EOI Investment <br> Holdings Co. Ltd.<br>| 31000 | 19009 |
| # | Episil-Precision, Inc. | 20000 | 36346 |
|  | Eris Technology Corp. | 3000 | 15871 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Eson Precision Ind <br> Co. Ltd.<br>| 30000 | $80330 |
| # | Eternal Materials Co. <br> Ltd.<br>| 243527 | 322614 |
|  | Eurocharm Holdings <br> Co. Ltd.<br>| 8000 | 32157 |
|  | Eva Airways Corp. | 947922 | 1112734 |
|  | Ever Ohms <br> Technology Co. <br> Ltd.<br>| 12000 | 11054 |
|  | Ever Supreme Bio <br> Technology Co. <br> Ltd.<br>| 6599 | 34627 |
| \* | Everest Textile Co. <br> Ltd.<br>| 164535 | 30273 |
|  | Evergreen Aviation <br> Technologies Corp.<br>| 26000 | 124901 |
|  | Evergreen <br> International <br> Storage & Transport <br> Corp.<br>| 107500 | 200010 |
| # | Evergreen Marine <br> Corp. Taiwan Ltd.<br>| 172872 | 1084449 |
|  | EVERGREEN Steel <br> Corp.<br>| 57000 | 196808 |
|  | Everlight Chemical <br> Industrial Corp.<br>| 152405 | 92540 |
|  | Everlight Electronics <br> Co. Ltd.<br>| 150000 | 285249 |
|  | Evertop Wire Cable <br> Corp.<br>| 47000 | 51801 |
|  | Excel Cell Electronic <br> Co. Ltd.<br>| 19000 | 12692 |
| # | Excelsior Medical Co. <br> Ltd.<br>| 48693 | 134392 |
| \* | Falcon Machine Tools <br> Co. Ltd.<br>| 31000 | 18769 |
|  | Far Eastern <br> Department Stores <br> Ltd.<br>| 328000 | 230573 |
|  | Far Eastern <br> International Bank<br>| 912413 | 374820 |
|  | Far Eastern New <br> Century Corp.<br>| 727100 | 625699 |
|  | Far EasTone <br> Telecommunications <br> Co. Ltd.<br>| 290061 | 871096 |
| # | Faraday Technology <br> Corp.<br>| 45853 | 270690 |
|  | Farglory F T Z <br> Investment Holding <br> Co. Ltd.<br>| 29134 | 45878 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Farglory Land <br> Development Co. <br> Ltd.<br>| 97000 | $169946 |
|  | FDC International <br> Hotels Corp.<br>| 7000 | 10086 |
|  | Feature Integration <br> Technology, Inc.<br>| 8000 | 18622 |
| \* | Federal Corp. | 103926 | 66639 |
|  | Feedback Technology <br> Corp.<br>| 8316 | 29118 |
|  | Feng Hsin Steel Co. <br> Ltd.<br>| 165000 | 339398 |
|  | Feng TAY Enterprise <br> Co. Ltd.<br>| 128312 | 507878 |
|  | FIC Global, Inc. | 12000 | 13853 |
|  | FineTek Co. Ltd. | 4161 | 15503 |
|  | Firich Enterprises Co. <br> Ltd.<br>| 59000 | 45630 |
|  | First Copper <br> Technology Co. <br> Ltd.<br>| 27000 | 36687 |
|  | First Financial Holding <br> Co. Ltd.<br>| 1578350 | 1464015 |
|  | First Hi-Tec Enterprise <br> Co. Ltd.<br>| 14554 | 165929 |
|  | First Hotel | 71000 | 29896 |
|  | First Insurance Co. <br> Ltd. <br>| 96000 | 82016 |
| \* | First Steamship Co. <br> Ltd.<br>| 280468 | 52511 |
| # | FIT Holding Co. Ltd. | 52000 | 62585 |
|  | Fitipower Integrated <br> Technology, Inc.<br>| 28000 | 137981 |
| \* | FLEXium <br> Interconnect, Inc.<br>| 94112 | 192876 |
|  | Flytech Technology <br> Co. Ltd.<br>| 31297 | 107905 |
|  | FocalTech Systems <br> Co. Ltd.<br>| 62000 | 118703 |
|  | Forcecon Tech Co. <br> Ltd.<br>| 16784 | 59537 |
|  | Forest Water <br> Environment <br> Engineering Co. <br> Ltd.<br>| 18576 | 24301 |
|  | Formosa Advanced <br> Technologies Co. <br> Ltd.<br>| 62000 | 76291 |
| # | Formosa Chemicals & <br> Fibre Corp.<br>| 785000 | 742801 |
|  | Formosa International <br> Hotels Corp.<br>| 20672 | 127963 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Formosa Laboratories, <br> Inc.<br>| 40544 | $81570 |
|  | Formosa Oilseed <br> Processing Co. Ltd.<br>| 15508 | 15421 |
|  | Formosa Optical <br> Technology Co. <br> Ltd.<br>| 10000 | 31758 |
|  | Formosa <br> Petrochemical <br> Corp.<br>| 124000 | 180290 |
| # | Formosa Plastics <br> Corp.<br>| 923000 | 1140593 |
|  | Formosa Sumco <br> Technology Corp.<br>| 23000 | 74301 |
|  | Formosa Taffeta Co. <br> Ltd.<br>| 258000 | 124790 |
|  | Formosan Rubber <br> Group, Inc.<br>| 96399 | 74406 |
|  | Formosan Union <br> Chemical Corp.<br>| 127945 | 69159 |
| # | Fortune Electric Co. <br> Ltd.<br>| 27830 | 643441 |
|  | Founding Construction <br> & Development Co. <br> Ltd.<br>| 72000 | 34867 |
|  | Foxconn Technology <br> Co. Ltd.<br>| 221535 | 512089 |
|  | Foxsemicon <br> Integrated <br> Technology, Inc.<br>| 36357 | 435754 |
|  | Franbo Lines Corp. | 92000 | 64478 |
|  | Froch Enterprise Co. <br> Ltd.<br>| 89000 | 40175 |
| # | FSP Technology, Inc. | 45000 | 88439 |
|  | Fu Chun Shin <br> Machinery <br> Manufacture Co. <br> Ltd.<br>| 21000 | 13326 |
| # | Fu Hua Innovation Co. <br> Ltd.<br>| 94429 | 60100 |
|  | Fubon Financial <br> Holding Co. Ltd.<br>| 724132 | 2143117 |
|  | Fulgent Sun <br> International <br> Holding Co. Ltd.<br>| 45143 | 140492 |
|  | Fullerton Technology <br> Co. Ltd.<br>| 51000 | 38976 |
| \* | Fulltech Fiber Glass <br> Corp.<br>| 146331 | 342449 |
|  | Fusheng Precision <br> Co. Ltd.<br>| 37000 | 291014 |
|  | Fwusow Industry Co. <br> Ltd.<br>| 60471 | 26811 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | G Shank Enterprise <br> Co. Ltd.<br>| 51888 | $161913 |
| # | Gamania Digital <br> Entertainment Co. <br> Ltd.<br>| 54000 | 104117 |
| \* | GCS Holdings, Inc. | 18000 | 106132 |
|  | GEM Services, Inc. | 25210 | 66723 |
|  | Gemtek Technology <br> Corp.<br>| 153000 | 129892 |
| \* | General Interface <br> Solution GIS <br> Holding Ltd.<br>| 70000 | 112107 |
|  | General Plastic <br> Industrial Co. Ltd.<br>| 20480 | 18682 |
|  | Generalplus <br> Technology, Inc.<br>| 19000 | 24135 |
|  | Genesys Logic, Inc. | 21000 | 73310 |
|  | Genius Electronic <br> Optical Co. Ltd.<br>| 35616 | 483956 |
|  | Genovate <br> Biotechnology Co. <br> Ltd.<br>| 13657 | 8846 |
|  | GeoVision, Inc. | 20449 | 30671 |
|  | Getac Holdings Corp. | 163000 | 730171 |
|  | GFC Ltd. | 15000 | 60485 |
|  | Giant Manufacturing <br> Co. Ltd.<br>| 103994 | 342623 |
| \* | Giantplus Technology <br> Co. Ltd.<br>| 91000 | 35126 |
|  | Gigabyte Technology <br> Co. Ltd.<br>| 132000 | 1196625 |
| \* | Gigasolar Materials <br> Corp.<br>| 16790 | 36965 |
| \* | Gigastorage Corp. | 129000 | 79320 |
|  | Global Brands <br> Manufacture Ltd.<br>| 116028 | 438819 |
|  | Global Lighting <br> Technologies, Inc.<br>| 23000 | 31181 |
|  | Global Mixed Mode <br> Technology, Inc.<br>| 21000 | 158836 |
|  | Global PMX Co. Ltd. | 13000 | 60106 |
|  | Global Unichip Corp. | 13000 | 642719 |
|  | Globaltek Fabrication <br> Co. Ltd.<br>| 12000 | 21872 |
|  | Globalwafers Co. Ltd. | 41000 | 674080 |
|  | Globe Union Industrial <br> Corp.<br>| 110048 | 36804 |
|  | Gloria Material <br> Technology Corp.<br>| 165680 | 182991 |
|  | GMI Technology, Inc. | 20000 | 25264 |
|  | Gold Circuit <br> Electronics Ltd.<br>| 99000 | 1486402 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Golden Long Teng <br> Development Co. <br> Ltd.<br>| 12000 | $10731 |
|  | Goldsun Building <br> Materials Co. Ltd.<br>| 284338 | 334292 |
|  | Good Will Instrument <br> Co. Ltd.<br>| 25000 | 46273 |
|  | Gordon Auto Body <br> Parts<br>| 24000 | 24712 |
|  | Gourmet Master Co. <br> Ltd.<br>| 31237 | 70852 |
|  | Grand Fortune <br> Securities Co. Ltd.<br>| 82159 | 31746 |
| #\* | Grand Pacific <br> Petrochemical<br>| 451478 | 151187 |
|  | Grand Process <br> Technology Corp.<br>| 2000 | 93986 |
|  | GrandTech CG <br> Systems, Inc.<br>| 22775 | 39895 |
|  | Grape King Bio Ltd. | 30000 | 120399 |
|  | Great China Metal <br> Industry<br>| 77000 | 50325 |
|  | Great Taipei Gas Co. <br> Ltd.<br>| 75000 | 73162 |
|  | Great Tree Pharmacy <br> Co. Ltd.<br>| 24872 | 89271 |
|  | Great Wall Enterprise <br> Co. Ltd.<br>| 220571 | 372530 |
|  | Greatek Electronics, <br> Inc.<br>| 148000 | 338435 |
|  | Green World FinTech <br> Service Co. Ltd.<br>| 28000 | 54190 |
|  | Group Up Industrial <br> Co. Ltd.<br>| 10000 | 90256 |
|  | GTM Holdings Corp. | 52000 | 51302 |
| # | Gudeng Precision <br> Industrial Co. Ltd.<br>| 11393 | 129983 |
|  | Hannstar Board Corp. | 117393 | 359089 |
| #\* | HannStar Display <br> Corp.<br>| 842000 | 195222 |
| \* | HannsTouch Holdings <br> Co.<br>| 188079 | 39108 |
|  | Hanpin Electron Co. <br> Ltd.<br>| 14000 | 20919 |
| \* | Harvatek Corp. | 62000 | 40757 |
|  | Heran Co. Ltd. | 16800 | 34777 |
|  | Hey Song Corp. | 106000 | 128638 |
|  | Hi-Clearance, Inc. | 8000 | 35782 |
|  | Highlight Tech Corp. | 19096 | 27288 |
|  | Highwealth <br> Construction Corp.<br>| 301695 | 382105 |
|  | Hi-Lai Foods Co. Ltd. | 6000 | 31207 |
|  | HIM International <br> Music, Inc.<br>| 11900 | 36176 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | Hitron Technology, <br> Inc.<br>| 38559 | $30372 |
| # | Hiwin Technologies <br> Corp.<br>| 68949 | 497820 |
|  | Hiyes International <br> Co. Ltd.<br>| 18379 | 49912 |
|  | Ho Tung Chemical <br> Corp.<br>| 300125 | 79927 |
|  | Hocheng Corp. | 105780 | 61475 |
|  | Holdings-Key Electric <br> Wire & Cable Co. <br> Ltd.<br>| 39000 | 56392 |
|  | Holiday Entertainment <br> Co. Ltd.<br>| 15300 | 30151 |
|  | Holy Stone Enterprise <br> Co. Ltd.<br>| 49425 | 182859 |
|  | Hon Hai Precision <br> Industry Co. Ltd. <br> (2317 TT)<br>| 746624 | 6209957 |
|  | Hong Pu Real Estate <br> Development Co. <br> Ltd.<br>| 97000 | 82243 |
|  | Hong TAI Electric <br> Industrial<br>| 66000 | 84372 |
|  | Horizon Securities Co. <br> Ltd.<br>| 119780 | 42405 |
|  | Hota Industrial <br> Manufacturing Co. <br> Ltd.<br>| 58263 | 112302 |
| # | Hotai Finance Co. <br> Ltd.<br>| 74490 | 149084 |
|  | Hotai Motor Co. Ltd. | 45180 | 828304 |
|  | Hsin Ba Ba Corp. | 8000 | 12244 |
|  | Hsin Kuang Steel Co. <br> Ltd.<br>| 74000 | 95427 |
|  | Hsin Yung Chien Co. <br> Ltd.<br>| 12390 | 36264 |
|  | Hsing TA Cement Co. | 70000 | 35206 |
| #\* | HTC Corp. | 191000 | 311582 |
|  | Hu Lane Associate, <br> Inc.<br>| 24457 | 104504 |
|  | HUA ENG Wire & <br> Cable Co. Ltd.<br>| 132000 | 141268 |
|  | Hua Nan Financial <br> Holdings Co. Ltd.<br>| 1157869 | 1098559 |
|  | Hua Yu Lien <br> Development Co. <br> Ltd.<br>| 33837 | 68373 |
|  | Huaku Development <br> Co. Ltd.<br>| 102165 | 345585 |
|  | Huang Hsiang <br> Construction Corp.<br>| 34934 | 46781 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Hung Ching <br> Development & <br> Construction Co. <br> Ltd.<br>| 54000 | $47858 |
|  | Hung Sheng <br> Construction Ltd.<br>| 114664 | 79427 |
|  | Hwa Fong Rubber <br> Industrial Co. Ltd.<br>| 67242 | 33004 |
|  | Hwacom Systems, <br> Inc.<br>| 35000 | 27739 |
| # | Hwang Chang <br> General Contractor <br> Co. Ltd.<br>| 45783 | 102921 |
|  | Ibase Technology, <br> Inc.<br>| 34000 | 54036 |
| # | IBF Financial Holdings <br> Co. Ltd.<br>| 1282285 | 634951 |
| \* | IC Plus Corp. | 7000 | 11599 |
|  | ICARES Medicus, <br> Inc.<br>| 2640 | 7601 |
|  | Ichia Technologies, <br> Inc.<br>| 94000 | 154981 |
| # | I-Chiun Precision <br> Industry Co. Ltd.<br>| 40426 | 96133 |
| \* | Ideal Bike Corp. | 33000 | 6471 |
|  | IEI Integration Corp. | 47340 | 102858 |
|  | In Win Development, <br> Inc.<br>| 10000 | 26507 |
|  | Infortrend Technology, <br> Inc.<br>| 88000 | 65418 |
|  | Ingentec Corp. | 2205 | 17877 |
|  | Innodisk Corp. | 25012 | 349125 |
|  | Innolux Corp. | 1557504 | 670793 |
|  | Inpaq Technology Co. <br> Ltd.<br>| 23945 | 67448 |
| # | Insyde Software <br> Corp.<br>| 13200 | 97345 |
|  | Intai Technology <br> Corp.<br>| 12400 | 40267 |
|  | Integrated Service <br> Technology, Inc.<br>| 30603 | 109591 |
| \* | IntelliEPI, Inc. | 6000 | 30416 |
|  | Interactive Digital <br> Technologies, Inc.<br>| 5000 | 12026 |
| \* | International CSRC <br> Investment Holdings <br> Co.<br>| 239562 | 79574 |
|  | International Games <br> System Co. Ltd.<br>| 47000 | 1098255 |
|  | Inventec Corp. | 399000 | 592176 |
|  | Iron Force Industrial <br> Co. Ltd.<br>| 14519 | 44788 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | I-Sheng Electric Wire <br> & Cable Co. Ltd.<br>| 25000 | $37653 |
|  | ITE Technology, Inc. | 37000 | 156434 |
| # | ITEQ Corp. | 86029 | 325720 |
|  | Jarllytec Co. Ltd. | 21525 | 68458 |
|  | Jean Co. Ltd. | 54409 | 45065 |
|  | Jentech Precision <br> Industrial Co. Ltd.<br>| 4998 | 342694 |
|  | Jetwell Computer Co. <br> Ltd.<br>| 6720 | 38652 |
|  | Jia Wei Lifestyle, Inc. | 21464 | 27779 |
|  | Jih Lin Technology <br> Co. Ltd.<br>| 28000 | 48826 |
|  | Jiin Yeeh Ding <br> Enterprise Co. Ltd.<br>| 12000 | 25055 |
| # | Jinan Acetate <br> Chemical Co. Ltd.<br>| 161070 | 315202 |
|  | Johnson Health Tech <br> Co. Ltd.<br>| 23000 | 119107 |
|  | JPC connectivity, Inc. | 15250 | 82417 |
|  | JPP Holding Co. Ltd. | 9450 | 97299 |
|  | JSL Construction & <br> Development Co. <br> Ltd.<br>| 16627 | 27551 |
|  | K Laser Technology, <br> Inc.<br>| 44000 | 22297 |
|  | Kaimei Electronic <br> Corp.<br>| 31120 | 94544 |
|  | Kaori Heat Treatment <br> Co. Ltd.<br>| 9000 | 181321 |
|  | Kedge Construction <br> Co. Ltd.<br>| 12791 | 36534 |
|  | Keding Enterprises <br> Co. Ltd.<br>| 3000 | 10780 |
|  | KEE TAI Properties <br> Co. Ltd.<br>| 116430 | 39929 |
|  | Kenda Rubber <br> Industrial Co. Ltd.<br>| 200316 | 130437 |
|  | Kerry TJ Logistics Co. <br> Ltd.<br>| 67000 | 73237 |
|  | Keystone Microtech <br> Corp.<br>| 6000 | 82471 |
|  | KGI Financial Holding <br> Co. Ltd.<br>| 2954608 | 1524110 |
|  | KHGEARS <br> International Ltd.<br>| 7000 | 39489 |
| # | Kindom Development <br> Co. Ltd.<br>| 135520 | 146549 |
|  | King Chou Marine <br> Technology Co. <br> Ltd.<br>| 36340 | 60550 |
|  | King Slide Works Co. <br> Ltd.<br>| 7000 | 928632 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | King Yuan Electronics <br> Co. Ltd.<br>| 511000 | $3582836 |
| \* | King's Town <br> Construction Co. <br> Ltd.<br>| 34000 | 46068 |
|  | Kinik Co. | 18000 | 182761 |
| \* | Kinko Optical Co. Ltd. | 42365 | 63041 |
| # | Kinpo Electronics | 566000 | 416519 |
|  | Kinsus Interconnect <br> Technology Corp.<br>| 121000 | 534029 |
|  | KMC Kuei Meng <br> International, Inc.<br>| 17300 | 50617 |
|  | KNH Enterprise Co. <br> Ltd.<br>| 76000 | 41846 |
|  | KS Terminals, Inc. | 32000 | 52063 |
|  | Kung Long Batteries <br> Industrial Co. Ltd.<br>| 21000 | 82900 |
| \* | Kung Sing <br> Engineering Corp.<br>| 190573 | 71769 |
|  | Kuo Toong <br> International Co. <br> Ltd.<br>| 80315 | 150528 |
| \* | Kuo Yang <br> Construction Co. <br> Ltd.<br>| 84360 | 51660 |
|  | Kwong Lung <br> Enterprise Co. Ltd.<br>| 34000 | 52852 |
|  | L&K Engineering Co. <br> Ltd.<br>| 72762 | 1125638 |
|  | La Kaffa International <br> Co. Ltd.<br>| 11000 | 26506 |
| \* | LAN FA Textile | 93000 | 36150 |
|  | Lanner Electronics, <br> Inc.<br>| 31850 | 83253 |
|  | Largan Precision Co. <br> Ltd. (3008 TT)<br>| 9000 | 645968 |
|  | Laser Tek Taiwan Co. <br> Ltd.<br>| 13300 | 22342 |
|  | Laster Tech Co. Ltd. | 36000 | 24308 |
| \* | Leader Electronics, <br> Inc.<br>| 43000 | 15460 |
|  | Leadtrend Technology <br> Corp.<br>| 12239 | 19110 |
| \* | Lealea Enterprise Co. <br> Ltd.<br>| 263560 | 55776 |
|  | LEE CHI Enterprises <br> Co. Ltd.<br>| 56000 | 21462 |
|  | Lelon Electronics <br> Corp.<br>| 28000 | 98785 |
|  | Lemtech Holdings Co. <br> Ltd.<br>| 10138 | 26317 |
|  | Leo Systems, Inc. | 20000 | 23110 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | Leofoo Development <br> Co. Ltd.<br>| 19000 | $10405 |
| \* | Li Peng Enterprise <br> Co. Ltd.<br>| 236600 | 42672 |
| # | Lian HWA Food Corp. | 27253 | 98142 |
| # | Lien Hwa Industrial <br> Holdings Corp.<br>| 229835 | 360545 |
|  | Lingsen Precision <br> Industries Ltd.<br>| 117000 | 78097 |
|  | Lintes Technology Co. <br> Ltd.<br>| 6000 | 17887 |
|  | Lion Travel Service <br> Co. Ltd.<br>| 27000 | 137652 |
|  | Lite-On Technology <br> Corp.<br>| 270417 | 1568820 |
|  | Liton Technology <br> Corp.<br>| 27000 | 41841 |
| \* | Long Bon International <br> Co. Ltd.<br>| 76100 | 36374 |
|  | Long Da Construction <br> & Development <br> Corp.<br>| 61000 | 56556 |
| \* | Longchen Paper & <br> Packaging Co. Ltd.<br>| 245641 | 74701 |
| # | Longwell Co. | 33000 | 200736 |
|  | Loop <br> Telecommunication <br> International, Inc.<br>| 14000 | 20698 |
|  | Lotes Co. Ltd. | 17700 | 789167 |
|  | Lotus Pharmaceutical <br> Co. Ltd.<br>| 35000 | 335766 |
|  | Lucky Cement Corp. | 35000 | 17011 |
|  | Lumax International <br> Corp. Ltd.<br>| 24440 | 78529 |
| \* | Lung Yen Life Service <br> Corp.<br>| 59000 | 99731 |
|  | Lungteh Shipbuilding <br> Co. Ltd.<br>| 15750 | 61337 |
|  | Luxe Green Energy <br> Technology Co. <br> Ltd.<br>| 29344 | 21198 |
|  | LuxNet Corp. | 16000 | 105408 |
|  | M3 Technology, Inc. | 9000 | 24280 |
|  | Macauto Industrial Co. <br> Ltd.<br>| 17000 | 32875 |
|  | Macroblock, Inc. | 15000 | 28643 |
| \* | Macronix International <br> Co. Ltd.<br>| 729798 | 735734 |
|  | Makalot Industrial Co. <br> Ltd.<br>| 66702 | 581969 |
|  | Marketech <br> International Corp.<br>| 24000 | 190877 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Materials Analysis <br> Technology, Inc.<br>| 18151 | $119571 |
|  | Maxigen Biotech, Inc. | 18000 | 24833 |
|  | Mayer Steel Pipe <br> Corp.<br>| 76800 | 59403 |
| \* | Mechema Chemicals <br> International Corp.<br>| 16000 | 37965 |
|  | MediaTek, Inc. | 81000 | 3435163 |
| \* | Medigen <br> Biotechnology <br> Corp.<br>| 12000 | 11515 |
|  | Mega Financial <br> Holding Co. Ltd.<br>| 1022626 | 1344441 |
|  | Megaforce Co. Ltd. | 26000 | 34885 |
|  | Meiloon Industrial Co. | 40600 | 30976 |
|  | Mercuries & <br> Associates Holding <br> Ltd.<br>| 173609 | 80658 |
|  | Mercuries Data <br> Systems Ltd.<br>| 30000 | 24884 |
| \* | Mercuries Life <br> Insurance Co. Ltd.<br>| 929190 | 218462 |
|  | Merida Industry Co. <br> Ltd.<br>| 72000 | 233338 |
|  | Merry Electronics Co. <br> Ltd.<br>| 65757 | 218482 |
|  | METAAGE Corp. | 14000 | 23636 |
| \* | Microbio Co. Ltd. | 118099 | 84461 |
| # | Micro-Star <br> International Co. <br> Ltd.<br>| 178000 | 630994 |
|  | Mildef Crete, Inc. | 18000 | 62640 |
|  | MIN AIK Technology <br> Co. Ltd.<br>| 37600 | 26854 |
|  | Mitac Holdings Corp. | 435916 | 1407118 |
| \* | Mobiletron Electronics <br> Co. Ltd.<br>| 3000 | 2929 |
|  | momo.com, Inc. | 16615 | 125876 |
| \* | MOSA Industrial <br> Corp.<br>| 69658 | 38309 |
|  | Mosel Vitelic, Inc. | 21000 | 23142 |
|  | Motech Industries, <br> Inc.<br>| 82000 | 45242 |
|  | MPI Corp. | 9000 | 610244 |
|  | MSSCORPS Co. Ltd. | 15721 | 87202 |
|  | My Humble House <br> Hospitality <br> Management <br> Consulting<br>| 19000 | 22781 |
|  | Nak Sealing <br> Technologies Corp.<br>| 25000 | 86415 |
|  | Namchow Holdings <br> Co. Ltd.<br>| 55000 | 69203 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Nan Kang Rubber Tire <br> Co. Ltd.<br>| 31683 | $37238 |
|  | Nan Liu Enterprise <br> Co. Ltd.<br>| 7000 | 10037 |
|  | Nan Pao Resins <br> Chemical Co. Ltd.<br>| 15000 | 178724 |
| \* | Nan Ren Lake Leisure <br> Amusement Co. <br> Ltd.<br>| 32000 | 10326 |
|  | Nan Ya Plastics Corp. | 543000 | 730662 |
|  | Nan Ya Printed Circuit <br> Board Corp.<br>| 42000 | 393666 |
|  | Nang Kuang <br> Pharmaceutical Co. <br> Ltd.<br>| 14000 | 17677 |
|  | Nantex Industry Co. <br> Ltd.<br>| 94780 | 68668 |
| \* | Nanya Technology <br> Corp.<br>| 259432 | 1107903 |
|  | National Aerospace <br> Fasteners Corp.<br>| 8000 | 27931 |
|  | National Petroleum <br> Co. Ltd.<br>| 12000 | 22366 |
|  | Netronix, Inc. | 17000 | 74314 |
| \* | New Asia Construction <br> & Development <br> Corp.<br>| 60000 | 28836 |
|  | New Best Wire <br> Industrial Co. Ltd.<br>| 14400 | 13664 |
|  | Nextronics <br> Engineering Corp.<br>| 7000 | 25496 |
| # | Nichidenbo Corp. | 52030 | 152394 |
|  | Nien Hsing Textile Co. <br> Ltd.<br>| 51245 | 27651 |
|  | Nien Made Enterprise <br> Co. Ltd.<br>| 55000 | 658890 |
|  | Niko Semiconductor <br> Co. Ltd.<br>| 17632 | 32350 |
|  | Nishoku Technology, <br> Inc.<br>| 16000 | 65947 |
|  | North-Star <br> International Co. <br> Ltd.<br>| 8189 | 7036 |
|  | Nova Technology <br> Corp.<br>| 10000 | 55845 |
|  | Novatek <br> Microelectronics <br> Corp.<br>| 115000 | 1465230 |
|  | Nuvoton Technology <br> Corp.<br>| 58000 | 115687 |
|  | O-Bank Co. Ltd. | 458620 | 134934 |
| \* | OBI Pharma, Inc. | 27000 | 21810 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Ocean Plastics Co. <br> Ltd.<br>| 52000 | $60839 |
|  | OK Biotech Co. Ltd. | 18857 | 8642 |
|  | Optimax Technology <br> Corp.<br>| 15000 | 9770 |
|  | Orient Europharma <br> Co. Ltd.<br>| 8000 | 12026 |
|  | Orient Semiconductor <br> Electronics Ltd.<br>| 146107 | 229426 |
| \* | Oriental Union <br> Chemical Corp.<br>| 143000 | 55530 |
|  | O-TA Precision <br> Industry Co. Ltd.<br>| 21422 | 51693 |
|  | Pacific Construction <br> Co.<br>| 29000 | 8982 |
|  | Pacific Hospital <br> Supply Co. Ltd.<br>| 16496 | 47434 |
|  | Paiho Shih Holdings <br> Corp.<br>| 61066 | 49426 |
|  | Pan Asia Chemical <br> Corp.<br>| 51120 | 15706 |
|  | Pan German <br> Universal Motors <br> Ltd.<br>| 7000 | 66042 |
|  | Pan Jit International, <br> Inc.<br>| 111700 | 304927 |
| # | Pan-International <br> Industrial Corp.<br>| 165000 | 299733 |
|  | Panion & BF Biotech, <br> Inc.<br>| 17000 | 36591 |
|  | Parade Technologies <br> Ltd.<br>| 16000 | 352515 |
| \* | Paragon Technologies <br> Co. Ltd.<br>| 31000 | 21150 |
|  | Parpro Corp. | 19000 | 32460 |
| \* | PChome Online, Inc. | 57268 | 64793 |
| # | PCL Technologies, <br> Inc.<br>| 27379 | 105952 |
|  | P-Duke Technology <br> Co. Ltd.<br>| 23968 | 79426 |
|  | Pegatron Corp. | 437000 | 1051329 |
|  | Pegavision Corp. | 11684 | 129238 |
|  | PharmaEngine, Inc. | 27000 | 62378 |
|  | PharmaEssentia <br> Corp.<br>| 45193 | 730136 |
| #\* | Phihong Technology <br> Co. Ltd.<br>| 91000 | 89968 |
|  | Phison Electronics <br> Corp.<br>| 40000 | 1379049 |
| # | Phoenix Silicon <br> International Corp.<br>| 42000 | 235063 |
|  | Phoenix Tours <br> International, Inc.<br>| 12600 | 21158 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | Phytohealth Corp. | 40000 | $18110 |
|  | Pixart Imaging, Inc. | 39000 | 292756 |
|  | Planet Technology <br> Corp.<br>| 14000 | 60186 |
|  | Plastron Precision Co. <br> Ltd.<br>| 51126 | 27558 |
|  | Polytronics <br> Technology Corp.<br>| 12564 | 18726 |
|  | Posiflex Technology, <br> Inc.<br>| 14000 | 98088 |
|  | Pou Chen Corp. | 513000 | 488116 |
|  | Power Wind Health <br> Industry, Inc.<br>| 11968 | 63707 |
| \* | Powerchip <br> Semiconductor <br> Manufacturing <br> Corp.<br>| 884000 | 897335 |
|  | Powertech <br> Technology, Inc.<br>| 289000 | 1614398 |
|  | Poya International Co. <br> Ltd.<br>| 22576 | 333644 |
|  | President Chain Store <br> Corp.<br>| 80000 | 619518 |
| # | President Securities <br> Corp.<br>| 501217 | 385485 |
|  | Primax Electronics <br> Ltd.<br>| 181000 | 487017 |
|  | Prince Housing & <br> Development Corp.<br>| 320000 | 92734 |
| \* | Princeton Technology <br> Corp.<br>| 41000 | 19005 |
|  | Pro Hawk Corp. | 6000 | 29260 |
|  | Promate Electronic <br> Co. Ltd.<br>| 68398 | 105365 |
|  | Prosperity Dielectrics <br> Co. Ltd.<br>| 35086 | 66908 |
|  | PSS Co. Ltd. | 5000 | 24578 |
|  | Qisda Corp. | 352600 | 354302 |
|  | QST International <br> Corp.<br>| 36609 | 50510 |
|  | Qualipoly Chemical <br> Corp.<br>| 21000 | 123278 |
|  | Quang Viet Enterprise <br> Co. Ltd.<br>| 18241 | 45776 |
|  | Quanta Computer, <br> Inc.<br>| 113000 | 1095900 |
| # | Quanta Storage, Inc. | 62000 | 213601 |
| \* | Quintain Steel Co. <br> Ltd.<br>| 68209 | 19320 |
|  | Radiant <br> Opto-Electronics <br> Corp.<br>| 159000 | 681099 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Radium Life Tech Co. <br> Ltd.<br>| 262981 | $93926 |
|  | Rafael <br> Microelectronics, <br> Inc.<br>| 3821 | 13798 |
| # | Raydium <br> Semiconductor <br> Corp.<br>| 18000 | 142246 |
|  | Realtek <br> Semiconductor <br> Corp.<br>| 39000 | 651248 |
|  | Rechi Precision Co. <br> Ltd.<br>| 106000 | 79481 |
|  | Rexon Industrial Corp. <br> Ltd.<br>| 39000 | 34931 |
|  | Rich Development Co. <br> Ltd.<br>| 220530 | 60725 |
| \* | Right WAY Industrial <br> Co. Ltd.<br>| 42000 | 16855 |
| \* | Ritek Corp. | 221084 | 71499 |
|  | Rodex Fasteners <br> Corp.<br>| 13000 | 11913 |
|  | Roundtop Machinery <br> Industries Co. Ltd.<br>| 28000 | 20698 |
|  | Ruby Tech Corp. | 13390 | 19631 |
|  | Ruentex Development <br> Co. Ltd.<br>| 348888 | 337939 |
|  | Ruentex Engineering <br> & Construction Co.<br>| 31920 | 173626 |
|  | Ruentex Industries <br> Ltd.<br>| 201904 | 352231 |
|  | Run Long <br> Construction Co. <br> Ltd.<br>| 90200 | 111345 |
|  | Sakura Development <br> Co. Ltd.<br>| 74034 | 115646 |
|  | Sampo Corp. | 104400 | 83482 |
|  | San Fang Chemical <br> Industry Co. Ltd.<br>| 75679 | 76025 |
|  | San Fu Chemical Co. <br> Ltd.<br>| 12000 | 42269 |
|  | San Lien Technology <br> Corp. Ltd.<br>| 6300 | 16894 |
|  | San Shing Fastech <br> Corp.<br>| 44000 | 73514 |
|  | Sanyang Motor Co. <br> Ltd.<br>| 164000 | 321794 |
|  | Savior Lifetec Corp. | 72074 | 40044 |
|  | SCI Pharmtech, Inc. | 17901 | 33488 |
|  | Scientech Corp. | 5000 | 57629 |
|  | ScinoPharm Taiwan <br> Ltd.<br>| 70000 | 39851 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | SciVision Biotech, <br> Inc.<br>| 7000 | $20402 |
|  | SDI Corp. | 35000 | 96833 |
|  | Sea Sonic Electronics <br> Co. Ltd.<br>| 14000 | 31312 |
|  | Senao International <br> Co. Ltd.<br>| 28000 | 26410 |
|  | Senao Networks, Inc. | 11630 | 57374 |
|  | Sensortek Technology <br> Corp.<br>| 5000 | 30866 |
|  | Sercomm Corp. | 85000 | 272415 |
|  | Sesoda Corp. | 79104 | 77588 |
|  | Shanghai Commercial <br> & Savings Bank <br> Ltd.<br>| 664903 | 855934 |
|  | Sharehope Medicine <br> Co. Ltd.<br>| 18565 | 14665 |
|  | Sheng Yu Steel Co. <br> Ltd.<br>| 40000 | 27543 |
|  | ShenMao Technology, <br> Inc.<br>| 21000 | 68985 |
|  | Shieh Yih Machinery <br> Industry Co. Ltd.<br>| 28000 | 19446 |
|  | Shih Her <br> Technologies, Inc.<br>| 20393 | 114570 |
| \* | Shih Wei Navigation <br> Co. Ltd.<br>| 165666 | 94270 |
|  | Shihlin Electric & <br> Engineering Corp.<br>| 64000 | 413663 |
| \* | Shihlin Paper Corp. | 7000 | 12452 |
|  | Shin Hsiung Natural <br> Gas Co. Ltd.<br>| 15118 | 19967 |
|  | Shin Ruenn <br> Development Co. <br> Ltd.<br>| 23673 | 44818 |
| # | Shin Zu Shing Co. <br> Ltd.<br>| 54673 | 373260 |
|  | Shinfox Energy Co. <br> Ltd.<br>| 49000 | 96830 |
| \* | Shining Building <br> Business Co. Ltd.<br>| 156632 | 46088 |
|  | Shinkong Insurance <br> Co. Ltd.<br>| 78000 | 285157 |
| # | Shinkong Synthetic <br> Fibers Corp.<br>| 548000 | 237524 |
|  | Shinkong Textile Co. <br> Ltd.<br>| 27000 | 49575 |
|  | Shiny Chemical <br> Industrial Co. Ltd.<br>| 36432 | 172466 |
|  | ShunSin Technology <br> Holding Ltd.<br>| 5000 | 23113 |
| \* | Shuttle, Inc. | 77000 | 46313 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Sigurd <br> Microelectronics <br> Corp.<br>| 204226 | $690949 |
| # | Silergy Corp. | 49000 | 352545 |
| # | Silicon Integrated <br> Systems Corp.<br>| 124000 | 222276 |
| \* | Silicon Optronics, Inc. | 6000 | 11702 |
|  | Simplo Technology <br> Co. Ltd.<br>| 34600 | 393862 |
|  | Sinbon Electronics <br> Co. Ltd.<br>| 60064 | 411664 |
|  | Sincere Navigation <br> Corp.<br>| 133900 | 105173 |
|  | Sinher Technology, <br> Inc.<br>| 13000 | 10746 |
|  | Sinmag Equipment <br> Corp.<br>| 17420 | 76166 |
|  | Sino-American Silicon <br> Products, Inc.<br>| 197000 | 797163 |
|  | Sinon Corp. | 180000 | 249683 |
|  | SinoPac Financial <br> Holdings Co. Ltd.<br>| 2368338 | 1971388 |
|  | Sinopower <br> Semiconductor, Inc.<br>| 7000 | 24440 |
|  | Sinphar <br> Pharmaceutical Co. <br> Ltd.<br>| 34405 | 35996 |
|  | Sinyi Realty, Inc. | 80544 | 59315 |
|  | Sirtec International <br> Co. Ltd.<br>| 42800 | 35045 |
|  | Sitronix Technology <br> Corp.<br>| 51000 | 331370 |
|  | Siward Crystal <br> Technology Co. <br> Ltd.<br>| 64000 | 46825 |
|  | Sixxon Tech Co. Ltd. | 3000 | 15837 |
|  | Soft-World <br> International Corp.<br>| 21000 | 69573 |
|  | Solar Applied <br> Materials <br> Technology Corp.<br>| 117398 | 225639 |
|  | Solteam, Inc. | 11849 | 18572 |
|  | Song Shang <br> Electronics Co. Ltd.<br>| 19000 | 13239 |
|  | Sonix Technology Co. <br> Ltd.<br>| 41000 | 46776 |
|  | Southeast Cement <br> Co. Ltd.<br>| 63000 | 33960 |
|  | Speed Tech Corp. | 28000 | 42902 |
|  | Sporton International, <br> Inc.<br>| 23330 | 135658 |
|  | Sports Gear Co. Ltd. | 12000 | 43725 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | St. Shine Optical Co. <br> Ltd.<br>| 14000 | $59413 |
|  | Standard Chemical & <br> Pharmaceutical Co. <br> Ltd.<br>| 32000 | 57702 |
|  | Standard Foods <br> Corp.<br>| 107402 | 109595 |
|  | Stark Technology, Inc. | 19200 | 99618 |
|  | S-Tech Corp. | 60104 | 45661 |
| \* | Sun Yad Construction <br> Co. Ltd.<br>| 59432 | 30289 |
|  | Sunfun Info Co. Ltd. | 39370 | 41879 |
|  | Sunjuice Holdings Co. <br> Ltd.<br>| 5256 | 24954 |
| \* | Sunko INK Co. Ltd. | 55250 | 21314 |
|  | SunMax <br> Biotechnology Co. <br> Ltd.<br>| 11000 | 139456 |
|  | Sunny Friend <br> Environmental <br> Technology Co. <br> Ltd.<br>| 23737 | 63835 |
|  | Sunonwealth Electric <br> Machine Industry <br> Co. Ltd.<br>| 76000 | 370955 |
|  | Sunplus Innovation <br> Technology, Inc.<br>| 6160 | 27072 |
| \* | Sunplus Technology <br> Co. Ltd.<br>| 183000 | 127672 |
|  | Sunrex Technology <br> Corp.<br>| 34561 | 46693 |
|  | Sunspring Metal <br> Corp.<br>| 41351 | 29565 |
|  | Superalloy Industrial <br> Co. Ltd.<br>| 28000 | 43204 |
| # | Supreme Electronics <br> Co. Ltd.<br>| 182487 | 390951 |
| # | Swancor Holding Co. <br> Ltd.<br>| 20000 | 80927 |
|  | Sweeten Real Estate <br> Development Co. <br> Ltd.<br>| 26449 | 24251 |
|  | Symtek Automation <br> Asia Co. Ltd.<br>| 16730 | 85003 |
|  | Syncmold Enterprise <br> Corp.<br>| 45000 | 100602 |
|  | Synmosa Biopharma <br> Corp.<br>| 116688 | 127239 |
|  | Synnex Technology <br> International Corp.<br>| 300250 | 553533 |
|  | Syn-Tech Chem & <br> Pharm Co. Ltd.<br>| 8000 | 20061 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Syscom Computer <br> Engineering Co.<br>| 18000 | $33445 |
|  | Systex Corp. | 54000 | 226941 |
|  | T3EX Global Holdings <br> Corp.<br>| 35039 | 79429 |
|  | TA Chen Stainless <br> Pipe<br>| 494671 | 589638 |
|  | Ta Ya Electric Wire & <br> Cable<br>| 218337 | 297264 |
|  | Tah Hsin Industrial <br> Corp.<br>| 16011 | 33360 |
|  | TA-I Technology Co. <br> Ltd.<br>| 34750 | 70539 |
|  | Tai Tung <br> Communication Co. <br> Ltd.<br>| 28511 | 21071 |
|  | Taichung Commercial <br> Bank Co. Ltd.<br>| 1532735 | 1065556 |
|  | TaiDoc Technology <br> Corp.<br>| 16471 | 65799 |
|  | Taiflex Scientific Co. <br> Ltd.<br>| 73280 | 161649 |
|  | Taimide Tech, Inc. | 34450 | 67453 |
|  | Tainan Enterprises <br> Co. Ltd.<br>| 37000 | 32663 |
| # | Tainan Spinning Co. <br> Ltd.<br>| 377240 | 154418 |
| \* | Tainergy Tech Co. <br> Ltd.<br>| 16000 | 7653 |
|  | Tai-Saw Technology <br> Co. Ltd.<br>| 27000 | 21665 |
|  | TaiSol Electronics Co. <br> Ltd.<br>| 17000 | 29187 |
|  | Taisun Enterprise Co. <br> Ltd.<br>| 69000 | 41484 |
|  | Taita Chemical Co. <br> Ltd.<br>| 31000 | 11071 |
|  | TAI-TECH Advanced <br> Electronics Co. Ltd.<br>| 20000 | 97590 |
|  | Taiwan Business <br> Bank<br>| 2205888 | 1098769 |
|  | Taiwan Chinsan <br> Electronic Industrial <br> Co. Ltd.<br>| 41288 | 57538 |
|  | Taiwan Cogeneration <br> Corp.<br>| 139728 | 218986 |
|  | Taiwan Cooperative <br> Financial Holding <br> Co. Ltd.<br>| 1477348 | 1141762 |
|  | Taiwan FamilyMart <br> Co. Ltd.<br>| 14000 | 87196 |
|  | Taiwan Fertilizer Co. <br> Ltd.<br>| 231000 | 361098 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Taiwan Fire & Marine <br> Insurance Co. Ltd.<br>| 96000 | $112423 |
|  | Taiwan FU Hsing <br> Industrial Co. Ltd.<br>| 40000 | 66790 |
| #\* | Taiwan Glass Industry <br> Corp.<br>| 400046 | 362967 |
|  | Taiwan High Speed <br> Rail Corp.<br>| 260000 | 231097 |
|  | Taiwan Hon Chuan <br> Enterprise Co. Ltd.<br>| 102149 | 418822 |
|  | Taiwan Hopax <br> Chemicals <br> Manufacturing Co. <br> Ltd.<br>| 60069 | 61105 |
| \* | Taiwan IC Packaging <br> Corp.<br>| 16000 | 9128 |
| †† | Taiwan Land <br> Development Corp.<br>| 269666 | 4408 |
|  | Taiwan Line Tek <br> Electronic<br>| 31390 | 25027 |
| #\* | Taiwan Mask Corp. | 58000 | 72299 |
|  | Taiwan Mobile Co. <br> Ltd.<br>| 417000 | 1484043 |
|  | Taiwan Navigation Co. <br> Ltd.<br>| 88000 | 83175 |
|  | Taiwan Optical <br> Platform Co. Ltd.<br>| 5000 | 12576 |
|  | Taiwan Paiho Ltd. | 75000 | 139136 |
|  | Taiwan PCB Techvest <br> Co. Ltd.<br>| 70000 | 80225 |
|  | Taiwan Sakura Corp. | 51200 | 141789 |
|  | Taiwan Sanyo Electric <br> Co. Ltd.<br>| 28000 | 32168 |
|  | Taiwan Secom Co. <br> Ltd.<br>| 76000 | 266654 |
| # | Taiwan Semiconductor <br> Co. Ltd.<br>| 56000 | 99769 |
|  | Taiwan Semiconductor <br> Manufacturing Co. <br> Ltd. (2330 TT)<br>| 1170000 | 56580810 |
|  | Taiwan Semiconductor <br> Manufacturing Co. <br> Ltd. (TSM US), <br> Sponsored ADR<br>| 103467 | 31084591 |
|  | Taiwan Shin Kong <br> Security Co. Ltd.<br>| 74560 | 98703 |
|  | Taiwan Speciality <br> Chemicals Corp.<br>| 6000 | 65844 |
| \* | Taiwan Styrene <br> Monomer<br>| 119000 | 32601 |
|  | Taiwan Surface <br> Mounting <br> Technology Corp.<br>| 78800 | 280910 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Taiwan Taxi Co. Ltd. | 11292 | $48438 |
| \* | Taiwan TEA Corp. | 263000 | 118759 |
|  | Taiwan Union <br> Technology Corp.<br>| 72000 | 897734 |
| #\* | Taiwan-Asia <br> Semiconductor <br> Corp.<br>| 117889 | 92294 |
|  | Taiyen Biotech Co. <br> Ltd.<br>| 42000 | 43534 |
| # | Tatung Co. Ltd. | 325100 | 381054 |
|  | TCC Group Holdings <br> Co. Ltd.<br>| 1516102 | 1087766 |
|  | TCI Co. Ltd. | 21256 | 78459 |
|  | Te Chang <br> Construction Co. <br> Ltd.<br>| 29000 | 58326 |
|  | Team Group, Inc. | 22000 | 96110 |
| # | Teco Electric & <br> Machinery Co. Ltd.<br>| 440000 | 1655951 |
|  | Tehmag Foods Corp. | 8560 | 81752 |
|  | Tera Autotech Corp. | 29187 | 21162 |
|  | Test Research, Inc. | 42000 | 212808 |
|  | Test Rite International <br> Co. Ltd.<br>| 62000 | 40939 |
|  | Thinking Electronic <br> Industrial Co. Ltd.<br>| 24000 | 146901 |
|  | Thye Ming Industrial <br> Co. Ltd.<br>| 44800 | 78845 |
|  | Ton Yi Industrial <br> Corp.<br>| 273000 | 159332 |
|  | Tong Hsing Electronic <br> Industries Ltd.<br>| 57233 | 232497 |
|  | Tong Yang Industry <br> Co. Ltd.<br>| 129000 | 404726 |
| # | Tong-Tai Machine & <br> Tool Co. Ltd.<br>| 85060 | 89414 |
|  | Top Union Electronics <br> Corp.<br>| 25999 | 25341 |
|  | Topco Scientific Co. <br> Ltd.<br>| 50288 | 557208 |
|  | Topco Technologies <br> Corp.<br>| 8000 | 16133 |
|  | Topkey Corp. | 26000 | 157272 |
| # | Topoint Technology <br> Co. Ltd.<br>| 65200 | 249381 |
|  | Toung Loong Textile <br> Manufacturing<br>| 15840 | 8902 |
|  | TPK Holding Co. Ltd. | 114000 | 134398 |
|  | Trade-Van Information <br> Services Co.<br>| 11000 | 34359 |
|  | Transcend <br> Information, Inc.<br>| 57000 | 244117 |
|  | Transcom, Inc. | 10648 | 46854 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Tripod Technology <br> Corp.<br>| 149000 | $1647819 |
|  | Trusval Technology <br> Co. Ltd.<br>| 7352 | 61615 |
|  | TS Financial Holding <br> Co. Ltd (2887 TT)<br>| 4263108 | 2589862 |
| \* | TS Financial Holding <br> Co. Ltd (28871 TT)<br>| 599004 | 179673 |
|  | TSC Auto ID <br> Technology Co. <br> Ltd.<br>| 10680 | 67805 |
| #\* | TSEC Corp. | 149790 | 68212 |
|  | TSRC Corp. | 181000 | 88117 |
|  | Ttet Union Corp. | 12000 | 56399 |
|  | TTFB Co. Ltd. | 5493 | 32667 |
|  | TTY Biopharm Co. <br> Ltd.<br>| 49000 | 126663 |
| \* | Tul Corp. | 19000 | 46975 |
|  | Tung Ho Steel <br> Enterprise Corp.<br>| 248570 | 507095 |
|  | Tung Thih Electronic <br> Co. Ltd.<br>| 21736 | 51599 |
|  | TURVO International <br> Co. Ltd.<br>| 10410 | 67849 |
|  | TXC Corp. | 99000 | 285834 |
| # | TYC Brother Industrial <br> Co. Ltd.<br>| 99000 | 153953 |
| \* | Tycoons Group <br> Enterprise<br>| 100991 | 25823 |
|  | Tyntek Corp. | 110000 | 62401 |
|  | TZE Shin International <br> Co. Ltd.<br>| 42000 | 20601 |
| \* | U-BEST Innovative <br> Technology Co. <br> Ltd.<br>| 32000 | 19147 |
|  | UDE Corp. | 34000 | 116625 |
|  | Ultra Chip, Inc. | 19000 | 28049 |
|  | U-Ming Marine <br> Transport Corp.<br>| 189000 | 341457 |
|  | Unic Technology <br> Corp.<br>| 28000 | 21086 |
|  | Unimicron Technology <br> Corp.<br>| 379000 | 1997534 |
|  | Union Bank of Taiwan | 705515 | 425115 |
|  | Union Insurance Co. <br> Ltd.<br>| 11000 | 9591 |
|  | Uni-President <br> Enterprises Corp.<br>| 854560 | 2183332 |
|  | Unitech Computer Co. <br> Ltd.<br>| 14000 | 18909 |
|  | Unitech Printed Circuit <br> Board Corp.<br>| 208079 | 177190 |
|  | United Alloy-Tech Co. | 16000 | 28024 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | United Integrated <br> Services Co. Ltd.<br>| 47000 | $1308233 |
|  | United <br> Microelectronics <br> Corp. (2303 TT)<br>| 959000 | 1448308 |
|  | United Orthopedic <br> Corp.<br>| 24422 | 98730 |
| \* | United Renewable <br> Energy Co. Ltd.<br>| 389206 | 86359 |
| \*†† | Unity Opto Technology <br> Co. Ltd.<br>| 186000 | 0 |
|  | Univacco Technology, <br> Inc.<br>| 17000 | 24995 |
|  | Universal Cement <br> Corp.<br>| 213397 | 214754 |
|  | Universal Vision <br> Biotechnology Co. <br> Ltd.<br>| 15476 | 71927 |
|  | UPC Technology <br> Corp.<br>| 248221 | 81656 |
|  | UPI Semiconductor <br> Corp.<br>| 7000 | 42613 |
|  | Userjoy Technology <br> Co. Ltd.<br>| 10773 | 27057 |
|  | USI Corp. | 200204 | 67249 |
|  | Utechzone Co. Ltd. | 15000 | 42264 |
|  | UVAT Technology Co. <br> Ltd.<br>| 9000 | 17377 |
|  | Value Valves Co. Ltd. | 10000 | 27231 |
|  | Vanguard International <br> Semiconductor <br> Corp.<br>| 228146 | 714204 |
|  | Ve Wong Corp. | 18000 | 23113 |
|  | Ventec International <br> Group Co. Ltd.<br>| 21000 | 61045 |
|  | VIA Labs, Inc. | 5000 | 13417 |
|  | Via Technologies, Inc. | 69000 | 117424 |
|  | Viking Tech Corp. | 16000 | 21755 |
|  | Visco Vision, Inc. | 13000 | 83892 |
| # | VisEra Technologies <br> Co. Ltd.<br>| 20000 | 166507 |
|  | Visual Photonics <br> Epitaxy Co. Ltd.<br>| 29500 | 131975 |
|  | Vivotek, Inc. | 9000 | 23950 |
|  | Vizionfocus, Inc. | 5000 | 29175 |
| # | Voltronic Power <br> Technology Corp.<br>| 15442 | 604953 |
| #\* | Wafer Works Corp. | 174248 | 176670 |
|  | Waffer Technology <br> Corp.<br>| 44789 | 102660 |
|  | Wah Hong Industrial <br> Corp.<br>| 27000 | 29465 |
|  | Wah Lee Industrial <br> Corp.<br>| 76500 | 224031 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Walsin Lihwa Corp. | 722145 | $699472 |
|  | Walsin Technology <br> Corp.<br>| 105398 | 422903 |
| # | Walton Advanced <br> Engineering, Inc.<br>| 127000 | 98757 |
| # | Wan Hai Lines Ltd. | 136500 | 364202 |
| \* | We & Win <br> Development Co. <br> Ltd.<br>| 42000 | 15198 |
|  | We&Win <br> Diversification Co. <br> Ltd.<br>| 23000 | 16040 |
|  | WEI Chih Steel <br> Industrial Co. Ltd.<br>| 43000 | 22357 |
|  | Wei Chuan Foods <br> Corp.<br>| 104000 | 50877 |
| # | Weikeng Industrial Co. <br> Ltd.<br>| 134734 | 128482 |
|  | Well Shin Technology <br> Co. Ltd.<br>| 34000 | 58049 |
|  | Welldone Co. | 8000 | 13058 |
|  | Weltrend <br> Semiconductor<br>| 22000 | 34400 |
|  | Wholetech System <br> Hitech Ltd.<br>| 19000 | 74616 |
|  | Win Semiconductors <br> Corp.<br>| 103840 | 360973 |
| \* | Winbond Electronics <br> Corp.<br>| 961936 | 1682376 |
|  | Winmate, Inc. | 13000 | 69471 |
|  | Winstek <br> Semiconductor Co. <br> Ltd.<br>| 28000 | 86855 |
|  | WinWay Technology <br> Co. Ltd.<br>| 4000 | 339455 |
| # | Wisdom Marine Lines <br> Co. Ltd.<br>| 158236 | 324183 |
|  | Wiselink Co. Ltd. | 26880 | 160986 |
|  | Wistron Corp. | 448288 | 2172547 |
|  | WITS Corp. | 10329 | 41568 |
|  | Wiwynn Corp. | 22000 | 3102430 |
|  | WNC Corp. | 112796 | 457706 |
|  | Wonderful Hi-Tech Co. <br> Ltd.<br>| 44357 | 65838 |
|  | Wowprime Corp. | 35184 | 246391 |
|  | WPG Holdings Ltd. | 425520 | 832220 |
|  | WT Microelectronics <br> Co. Ltd.<br>| 122829 | 569440 |
|  | WUS Printed Circuit <br> Co. Ltd.<br>| 70735 | 233103 |
|  | XinTec, Inc. | 16000 | 79186 |
|  | X-Legend <br> Entertainment Co. <br> Ltd.<br>| 8000 | 25523 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Xxentria Technology <br> Materials Corp.<br>| 60813 | $68263 |
|  | Ya Horng Electronic <br> Co. Ltd.<br>| 6000 | 11011 |
| # | Yageo Corp. | 237172 | 1908965 |
| # | Yang Ming Marine <br> Transport Corp.<br>| 243215 | 453756 |
|  | Yankey Engineering <br> Co. Ltd.<br>| 20725 | 309110 |
|  | YC INOX Co. Ltd. | 127511 | 79654 |
| # | Yea Shin International <br> Development Co. <br> Ltd.<br>| 113440 | 91217 |
|  | Yem Chio Co. Ltd. | 157014 | 67603 |
|  | Yen Sun Technology <br> Corp.<br>| 11000 | 16484 |
| \* | Yeong Guan Energy <br> Technology Group <br> Co. Ltd.<br>| 48096 | 31108 |
|  | YFC-Boneagle Electric <br> Co. Ltd.<br>| 32321 | 21949 |
|  | YFY, Inc. | 469000 | 386770 |
|  | Yi Jinn Industrial Co. <br> Ltd.<br>| 97440 | 51633 |
| \* | Yieh Phui Enterprise <br> Co. Ltd.<br>| 373536 | 178912 |
|  | Yonyu Plastics Co. <br> Ltd.<br>| 28000 | 17892 |
|  | Young Fast <br> Optoelectronics Co. <br> Ltd.<br>| 30000 | 53144 |
| \* | Young Optics, Inc. | 14000 | 24867 |
|  | Youngtek Electronics <br> Corp.<br>| 30160 | 57641 |
| # | Yuan High-Tech <br> Development Co. <br> Ltd.<br>| 6000 | 32912 |
|  | Yuanta Financial <br> Holding Co. Ltd.<br>| 1701906 | 1905529 |
|  | Yuanta Futures Co. <br> Ltd.<br>| 32099 | 93926 |
|  | Yuen Foong Yu <br> Consumer Products <br> Co. Ltd.<br>| 26000 | 32459 |
|  | Yulon Finance Corp. | 96384 | 300996 |
|  | Yulon Motor Co. Ltd. | 203536 | 217015 |
|  | Yung Chi Paint & <br> Varnish <br> Manufacturing Co. <br> Ltd.<br>| 14000 | 34119 |
| # | Yungshin Construction <br> & Development Co. <br> Ltd.<br>| 30000 | 74485 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | YungShin Global <br> Holding Corp.<br>| 51800 | $94836 |
|  | Yusin Holding Corp. | 6643 | 14901 |
|  | Zeng Hsing Industrial <br> Co. Ltd.<br>| 23635 | 70822 |
|  | Zenitron Corp. | 78000 | 87538 |
| # | Zero One Technology <br> Co. Ltd.<br>| 40528 | 150476 |
| # | Zhen Ding Technology <br> Holding Ltd.<br>| 199400 | 1052934 |
| \* | Zig Sheng Industrial <br> Co. Ltd.<br>| 168000 | 42150 |
|  | ZillTek Technology <br> Corp.<br>| 8000 | 52456 |
| \* | Zinwell Corp. | 121000 | 55523 |
|  | Zippy Technology <br> Corp.<br>| 45000 | 75660 |
|  | Zyxel Group Corp. | 94944 | 108058 |
| TOTAL TAIWAN | TOTAL TAIWAN |  | 311940954 |
| THAILAND — (0.4%) | THAILAND — (0.4%) | THAILAND — (0.4%) | THAILAND — (0.4%) |
|  | AAPICO Hitech PCL <br> (AH/F TB)<br>| 71300 | 27122 |
| \* | Absolute Clean <br> Energy PCL<br>| 1035800 | 41964 |
|  | Advanced Info Service <br> PCL<br>| 69800 | 651913 |
|  | Advanced Information <br> Technology PCL, <br> Class F<br>| 290300 | 43273 |
|  | AEON Thana Sinsap <br> Thailand PCL<br>| 29800 | 97229 |
|  | After You PCL | 82900 | 12768 |
|  | Airports of Thailand <br> PCL<br>| 115300 | 147089 |
|  | Allianz Ayudhya <br> Capital PCL<br>| 9200 | 9674 |
|  | Amata Corp. PCL | 170200 | 75797 |
|  | AP Thailand PCL | 765200 | 204700 |
|  | Asia Plus Group <br> Holdings PCL<br>| 679600 | 46659 |
|  | Asia Sermkij Leasing <br> PCL<br>| 25333 | 6072 |
|  | Asian Sea Corp. PCL | 80200 | 18106 |
|  | Asset World Corp. <br> PCL<br>| 915100 | 62261 |
| \* | Assetwise PCL | 49300 | 9529 |
|  | B Grimm Power PCL | 75500 | 37826 |
|  | Bangchak Corp. PCL | 254700 | 232369 |
|  | Bangchak Sriracha <br> PCL<br>| 168500 | 23241 |
|  | Bangkok Airways <br> PCL<br>| 161600 | 64970 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Bangkok Bank PCL <br> (BBLF TB)<br>| 126100 | $623968 |
|  | Bangkok Chain <br> Hospital PCL<br>| 173900 | 60772 |
| # | Bangkok Commercial <br> Asset Management <br> PCL<br>| 379600 | 79242 |
|  | Bangkok Dusit <br> Medical Services <br> PCL, Class F<br>| 618200 | 361342 |
| # | Bangkok Expressway <br> & Metro PCL<br>| 783640 | 124810 |
|  | Bangkok Land PCL | 3710800 | 57381 |
|  | Bangkok Life <br> Assurance PCL, <br> NVDR<br>| 92300 | 51381 |
|  | Banpu PCL | 1931033 | 301584 |
|  | Banpu Power PCL | 99800 | 39506 |
|  | BCPG PCL | 240000 | 61234 |
|  | BEC World PCL | 309452 | 18662 |
| # | Berli Jucker PCL | 152850 | 86506 |
|  | Betagro PCL | 183500 | 90799 |
|  | BKI Holdings PCL | 15100 | 142898 |
| \* | BTS Group Holdings <br> PCL<br>| 2235200 | 203231 |
|  | Bumrungrad Hospital <br> PCL<br>| 53300 | 283519 |
|  | Cal-Comp Electronics <br> Thailand PCL, <br> Class F<br>| 656343 | 123819 |
|  | Carabao Group PCL | 45100 | 62765 |
|  | Central Pattana PCL | 125900 | 209282 |
|  | Central Plaza Hotel <br> PCL<br>| 77700 | 77496 |
|  | Central Retail Corp. <br> PCL<br>| 177375 | 112454 |
|  | CH Karnchang PCL | 232300 | 109918 |
|  | Charoen Pokphand <br> Foods PCL<br>| 361277 | 235749 |
|  | Chularat Hospital <br> PCL<br>| 1069900 | 51948 |
|  | CK Power PCL | 429400 | 33996 |
|  | Com7 PCL | 208300 | 161048 |
|  | Cotto F | 312000 | 1833 |
|  | CP ALL PCL | 144800 | 205994 |
|  | CP Axtra PCL | 144328 | 87485 |
|  | Delta Electronics <br> Thailand PCL<br>| 145300 | 975107 |
|  | Dhipaya Group <br> Holdings PCL<br>| 151100 | 101870 |
|  | Don Muang Tollway <br> PCL<br>| 33300 | 10607 |
|  | Dynasty Ceramic <br> PCL<br>| 989220 | 40383 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Eastern Polymer <br> Group PCL<br>| 259000 | $22428 |
|  | Electricity Generating <br> PCL<br>| 26100 | 99283 |
| #\* | Energy Absolute PCL | 1237100 | 117072 |
| # | Erawan Group PCL | 614700 | 44864 |
|  | Exotic Food PCL | 42200 | 19837 |
| #\* | Forth Corp. PCL | 108900 | 23238 |
|  | Frasers Property <br> Thailand PCL<br>| 25000 | 4948 |
|  | GFPT PCL | 118400 | 37715 |
|  | Global Green <br> Chemicals PCL<br>| 9500 | 1046 |
|  | Global Power Synergy <br> PCL<br>| 90531 | 116191 |
| \* | Gulf Development <br> PCL<br>| 99189 | 135739 |
|  | Gunkul Engineering <br> PCL<br>| 948800 | 60446 |
|  | Haad Thip PCL | 60800 | 28393 |
|  | Hana Microelectronics <br> PCL<br>| 181800 | 130439 |
|  | Heng Leasing & <br> Capital PCL<br>| 169400 | 5291 |
|  | Home Product Center <br> PCL<br>| 658020 | 133293 |
| # | Ichitan Group PCL | 156400 | 59493 |
|  | Index Livingmall PCL | 63600 | 28127 |
| # | Indorama Ventures <br> PCL<br>| 169601 | 100182 |
| # | IRPC PCL | 3488500 | 124069 |
|  | IT City PCL | 21800 | 2360 |
|  | I-TAIL Corp. PCL | 61200 | 32554 |
| \* | Italian-Thai <br> Development PCL<br>| 1448300 | 14781 |
| #\* | Jasmine Technology <br> Solution PCL<br>| 12300 | 9700 |
|  | Jaymart Group <br> Holdings PCL<br>| 187100 | 45133 |
|  | JMT Network Services <br> PCL<br>| 105180 | 31715 |
|  | Karmarts PCL | 394800 | 100119 |
|  | Kasikornbank PCL <br> (KBANKF TB)<br>| 27800 | 160343 |
|  | KGI Securities <br> Thailand PCL<br>| 416900 | 50541 |
| # | Khon Kaen Sugar <br> Industry PCL<br>| 625296 | 26687 |
|  | Kiatnakin Phatra Bank <br> PCL<br>| 73700 | 149862 |
|  | Klinique Medical Clinic <br> PCL<br>| 25300 | 19952 |
|  | Krung Thai Bank PCL | 446600 | 376368 |
|  | Krungthai Card PCL | 205500 | 181127 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Lalin Property PCL | 23700 | $3665 |
|  | Land & Houses PCL <br> (LHF TB)<br>| 932100 | 112423 |
|  | LH Financial Group <br> PCL<br>| 1555400 | 37520 |
|  | Loxley PCL | 909200 | 42458 |
|  | LPN Development <br> PCL<br>| 565100 | 28661 |
|  | Major Cineplex Group <br> PCL<br>| 140100 | 30763 |
|  | MBK PCL | 241112 | 123035 |
|  | MC Group PCL | 93300 | 32317 |
|  | MCS Steel PCL | 101800 | 25816 |
|  | Mega Lifesciences <br> PCL<br>| 117700 | 107381 |
|  | Minor International <br> PCL<br>| 363046 | 258236 |
|  | MK Restaurants <br> Group PCL<br>| 33100 | 33525 |
| \* | Mono Next PCL | 199600 | 7346 |
|  | Moshi Moshi Retail <br> Corp. PLC<br>| 9100 | 9639 |
| # | Muangthai Capital <br> PCL<br>| 103400 | 129510 |
|  | Netbay PCL | 27100 | 17181 |
|  | Noble Development <br> PCL<br>| 285199 | 18875 |
|  | Nonthavej Hospital <br> PCL<br>| 10100 | 7621 |
|  | Northeast Rubber <br> PCL<br>| 455400 | 58589 |
|  | NSL Foods PCL | 14900 | 11981 |
|  | Osotspa PCL | 187800 | 91185 |
|  | Plan B Media PCL | 438564 | 56694 |
|  | Polyplex Thailand <br> PCL<br>| 171000 | 49975 |
|  | Praram 9 Hospital <br> PCL<br>| 51200 | 34360 |
| # | Precious Shipping <br> PCL<br>| 252100 | 52237 |
|  | Prima Marine PCL | 355600 | 70933 |
| \* | Property Perfect PCL | 2100385 | 4547 |
|  | Pruksa Holding PCL | 247300 | 28451 |
|  | PTG Energy PCL | 254200 | 62892 |
|  | PTT Exploration & <br> Production PCL<br>| 219900 | 727673 |
|  | PTT Global Chemical <br> PCL<br>| 208800 | 163049 |
| # | PTT Oil & Retail <br> Business PCL<br>| 237200 | 107835 |
|  | PTT PCL | 1101400 | 1047412 |
| # | Quality Houses PCL | 1812132 | 73976 |
| \* | Rabbit Holdings PCL, <br> Class F<br>| 2875634 | 26680 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Rajthanee Hospital <br> PCL<br>| 75000 | $29921 |
| # | Ratch Group PCL | 94600 | 81186 |
|  | Ratchaphruek Hospital <br> PCL<br>| 70600 | 10786 |
|  | Ratchthani Leasing <br> PCL<br>| 573610 | 28383 |
| # | Regional Container <br> Lines PCL<br>| 140400 | 111808 |
| # | Rojana Industrial Park <br> PCL<br>| 322357 | 44662 |
|  | S Hotels & Resorts <br> PCL<br>| 530400 | 25097 |
|  | Sabina PCL | 43885 | 21037 |
|  | Saha Pathana <br> Inter-Holding PCL<br>| 28350 | 39673 |
|  | Saha Pathanapibul <br> PCL<br>| 6200 | 11025 |
|  | Sahamitr Pressure <br> Container PCL<br>| 69300 | 18967 |
|  | Saha-Union PCL | 22400 | 19743 |
|  | Saksiam Leasing <br> PCL<br>| 176300 | 19628 |
|  | Samart Corp. PCL | 126000 | 23380 |
|  | Sansiri PCL | 3973900 | 172057 |
| # | Sappe PCL | 33800 | 37892 |
|  | SC Asset Corp. PCL | 852625 | 44826 |
|  | SCB X PCL | 51200 | 207429 |
|  | SCG Packaging PCL | 164800 | 92759 |
| # | SCGJWD Logistics <br> PCL<br>| 77700 | 19945 |
|  | Sermsang Power <br> Corp. Co. Ltd.<br>| 81457 | 8666 |
|  | Siam Cement PCL  | 65500 | 413236 |
|  | Siam Wellness Group <br> PCL<br>| 183000 | 16526 |
|  | Siamgas & <br> Petrochemicals <br> PCL<br>| 221200 | 43782 |
|  | Sikarin PCL, Class F | 149100 | 35736 |
| \* | Singer Thailand PCL | 51800 | 9292 |
| # | SISB PCL | 63800 | 23283 |
| \* | SKY ICT PCL | 34300 | 13047 |
|  | Somboon Advance <br> Technology PCL<br>| 74100 | 30020 |
|  | SPCG PCL | 175825 | 45132 |
|  | Sri Trang <br> Agro-Industry PCL<br>| 237340 | 87346 |
| # | Sri Trang Gloves <br> Thailand PCL<br>| 239500 | 49626 |
| # | Srinanaporn Marketing <br> PCL<br>| 125200 | 30395 |
|  | Srisawad Capital 1969 <br> PCL, Class F<br>| 213486 | 7329 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Srisawad Corp. PCL | 165234 | $144359 |
|  | Star Petroleum <br> Refining PCL<br>| 159513 | 23679 |
| \* | STP & I PCL | 320320 | 35861 |
|  | Supalai PCL | 303900 | 160714 |
| \* | Super Energy Corp. <br> PCL<br>| 5584020 | 22450 |
|  | SVI PCL | 101500 | 19462 |
|  | TAC Consumer PCL | 98800 | 14666 |
| # | Taokaenoi Food & <br> Marketing PCL, <br> Class F<br>| 197000 | 29731 |
|  | Thai Life Insurance <br> PCL<br>| 153300 | 48832 |
|  | Thai Oil PCL | 241284 | 266767 |
|  | Thai Stanley Electric <br> PCL (STANLY/F <br> TB), Class F<br>| 8800 | 52661 |
|  | Thai Union Group <br> PCL<br>| 481800 | 195193 |
|  | Thai Vegetable Oil <br> PCL<br>| 55450 | 41500 |
| \* | Thaicom PCL | 188200 | 55584 |
|  | Thaifoods Group PCL | 489900 | 68785 |
|  | Thanachart Capital <br> PCL<br>| 89100 | 140532 |
| # | Thoresen Thai <br> Agencies PCL<br>| 466500 | 63479 |
|  | TIDLOR Holdings <br> PCL<br>| 234268 | 152146 |
|  | Tipco Asphalt PCL <br> (TASCO/F TB)<br>| 132881 | 57122 |
|  | TIPCO Foods PCL | 96200 | 23206 |
|  | Tisco Financial Group <br> PCL (TISCO/F TB)<br>| 37100 | 123342 |
|  | TKS Technologies <br> PCL<br>| 86100 | 14911 |
|  | TMBThanachart Bank <br> PCL<br>| 2544149 | 145560 |
|  | TOA Paint Thailand <br> PCL<br>| 134000 | 53459 |
| # | TPI Polene PCL | 2035300 | 45320 |
|  | TPI Polene Power <br> PCL<br>| 801627 | 51070 |
|  | TQM Alpha PCL | 74800 | 28453 |
|  | Triple i Logistics PCL | 38800 | 5568 |
| \* | True Corp. PCL, <br> NVDR<br>| 154200 | 53888 |
| \* | True Corp. PCL | 709593 | 250174 |
|  | TTW PCL | 154200 | 43158 |
|  | Union Auction PCL | 164600 | 29016 |
|  | United Paper PCL | 73700 | 17550 |
|  | Univanich Palm Oil <br> PCL<br>| 213600 | 78610 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | VGI PCL | 1934100 | $74768 |
|  | WHA Corp. PCL | 950700 | 95849 |
|  | WHA Utilities & Power <br> PCL<br>| 205600 | 25942 |
| #\* | Xspring Capital PCL | 1577100 | 23411 |
| TOTAL THAILAND | TOTAL THAILAND |  | 17839326 |
| TURKEY — (0.2%) | TURKEY — (0.2%) | TURKEY — (0.2%) | TURKEY — (0.2%) |
| \* | Adese Alisveris <br> Merkezleri Ticaret <br> AS<br>| 804920 | 69771 |
|  | Akbank TAS | 431233 | 622650 |
|  | Akcansa Cimento AS | 2348 | 7445 |
| \* | Akfen Yenilenebilir <br> Enerji AS<br>| 65183 | 26683 |
|  | Aksa Akrilik Kimya <br> Sanayii AS<br>| 254208 | 74900 |
| \* | Aksa Enerji Uretim <br> AS<br>| 23194 | 28656 |
| \* | Aksigorta AS | 75104 | 12477 |
| # | Alarko Holding AS | 38338 | 73415 |
|  | Albaraka Turk Katilim <br> Bankasi AS<br>| 411937 | 80465 |
| \* | Alkim Alkali Kimya AS | 53714 | 24764 |
|  | Anadolu Anonim Turk <br> Sigorta Sirketi<br>| 215958 | 118990 |
|  | Anadolu Efes Biracilik <br> Ve Malt Sanayii AS<br>| 132370 | 45696 |
|  | Anadolu Hayat <br> Emeklilik AS<br>| 26264 | 64421 |
| #\* | Arcelik AS | 4722 | 12405 |
| \* | ARD Grup Bilisim <br> Teknolojileri AS<br>| 21045 | 14541 |
|  | Aselsan Elektronik <br> Sanayi Ve Ticaret <br> AS<br>| 20836 | 100733 |
|  | Aygaz AS | 9782 | 45915 |
|  | Baskent Dogalgaz <br> Dagitim <br> Gayrimenkul Yatirim <br> Ortakligi AS<br>| 11243 | 11170 |
| \* | Bera Holding AS | 237186 | 103509 |
| \* | Besler Gida Ve Kimya <br> Sanayi Ve Ticaret <br> AS<br>| 68123 | 22722 |
|  | BIM Birlesik <br> Magazalar AS<br>| 9443 | 120927 |
| \* | Biotrend Cevre VE <br> Enerji Yatirimlari <br> AS<br>| 18642 | 10360 |
|  | Borusan Yatirim ve <br> Pazarlama AS<br>| 421 | 24477 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
|  | Brisa Bridgestone <br> Sabanci Sanayi ve <br> Ticaret AS<br>| 3447 | $7245 |
|  | Bursa Cimento <br> Fabrikasi AS<br>| 47810 | 7349 |
| \* | Can2 Termik AS | 1169850 | 67276 |
|  | Celebi Hava Servisi <br> AS<br>| 350 | 12964 |
| \* | Cemas Dokum Sanayi <br> AS<br>| 130707 | 17334 |
|  | Coca-Cola Icecek AS | 66132 | 80841 |
| \* | Deva Holding AS | 11911 | 20045 |
| # | Dogan Sirketler Grubu <br> Holding AS<br>| 492406 | 199943 |
|  | Dogu Aras Enerji <br> Yatirimlari AS<br>| 8299 | 11132 |
|  | Dogus Otomotiv <br> Servis ve Ticaret <br> AS<br>| 2591 | 11107 |
|  | Eczacibasi Yatirim <br> Holding Ortakligi <br> AS<br>| 2051 | 14199 |
|  | EGE Endustri VE <br> Ticaret AS<br>| 118 | 22931 |
|  | EIS Eczacibasi Ilac ve <br> Sinai ve Finansal <br> Yatirimlar Sanayi ve <br> Ticaret AS<br>| 41357 | 88912 |
| Ω | Enerjisa Enerji AS | 30781 | 60343 |
|  | Enka Insaat ve Sanayi <br> AS<br>| 92855 | 171297 |
| \* | Erbosan Erciyas Boru <br> Sanayii ve Ticaret <br> AS<br>| 1914 | 8849 |
|  | Eregli Demir ve Celik <br> Fabrikalari TAS<br>| 162654 | 106193 |
| \* | Europen Endustri <br> Insaat Sanayi VE <br> Ticaret AS<br>| 70490 | 14813 |
|  | Ford Otomotiv Sanayi <br> AS<br>| 16380 | 38621 |
|  | Global Yatirim Holding <br> AS<br>| 360837 | 100150 |
| \* | Gozde Girisim <br> Sermayesi Yatirim <br> Ortakligi AS<br>| 53484 | 28243 |
| \* | GSD Holding AS | 65759 | 7588 |
| #\* | Hektas Ticaret TAS | 428472 | 36333 |
| \* | Info Yatirim AS | 253446 | 31704 |
| \* | Ipek Dogal Enerji <br> Kaynaklari <br> Arastirma Ve Uretim <br> AS<br>| 24192 | 44770 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| \* | Is Finansal Kiralama <br> AS<br>| 84577 | $38708 |
|  | Is Yatirim Menkul <br> Degerler AS<br>| 123776 | 129319 |
| \* | Izdemir Enerji Elektrik <br> Uretim AS<br>| 102615 | 23499 |
|  | Jantsa Jant Sanayi Ve <br> Ticaret AS<br>| 14466 | 7308 |
|  | Kalekim Kimyevi <br> Maddeler Sanayi ve <br> Ticaret AS<br>| 14044 | 11521 |
| \* | Kardemir Karabuk <br> Demir Celik Sanayi <br> ve Ticaret AS <br> (KRDMA TI), <br> Class A<br>| 74761 | 51078 |
| #\* | Kardemir Karabuk <br> Demir Celik Sanayi <br> ve Ticaret AS <br> (KRDMD TI), <br> Class D<br>| 198891 | 129395 |
| \* | Katmerciler Arac Ustu <br> Ekipman Sanayi ve <br> Ticaret AS<br>| 361746 | 26889 |
| \* | Kayseri Seker <br> Fabrikasi AS<br>| 43359 | 18682 |
|  | KOC Holding AS | 38439 | 156538 |
|  | Kocaer Celik Sanayi <br> Ve Ticaret AS<br>| 27412 | 8989 |
| \* | Konya Cimento <br> Sanayii AS<br>| 70 | 8544 |
| \* | Kordsa Teknik Tekstil <br> AS<br>| 17841 | 23723 |
| \* | Koza Anadolu Metal <br> Madencilik <br> Isletmeleri AS<br>| 19377 | 41638 |
|  | Lokman Hekim <br> Engurusag Saglik <br> Turizm Egitim <br> Hizmetleri ve Insaat <br> Taahhut AS<br>| 22284 | 8902 |
| \* | Margun Enerji Uretim <br> Sanayi VE Ticaret <br> AS<br>| 42925 | 30199 |
| \* | Marmara Holding AS | 2 | 0 |
| #Ω | Mavi Giyim Sanayi Ve <br> Ticaret AS, Class B<br>| 138112 | 132252 |
| #\* | MIA Teknoloji AS | 19115 | 16922 |
| # | Migros Ticaret AS | 4758 | 51249 |
| \*Ω | MLP Saglik Hizmetleri <br> AS<br>| 14122 | 112849 |
| \* | Mogan Enerji Yatirim <br> Holding AS<br>| 49813 | 11307 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
|  | Naturelgaz Sanayi ve <br> Ticaret AS<br>| 68195 | $18138 |
| \* | NET Holding AS | 46404 | 54930 |
|  | Nuh Cimento Sanayi <br> AS<br>| 7299 | 42319 |
| \* | ODAS Elektrik Uretim <br> ve Sanayi Ticaret <br> AS<br>| 322746 | 45227 |
| \* | Orge Enerji Elektrik <br> Taahhut AS<br>| 5154 | 8464 |
| # | Oyak Cimento <br> Fabrikalari AS<br>| 68721 | 34665 |
| \* | Oyak Yatirim Menkul <br> Degerler AS<br>| 9615 | 12399 |
| #\* | Pegasus Hava <br> Tasimaciligi AS<br>| 60775 | 303023 |
| #\* | Petkim Petrokimya <br> Holding AS<br>| 190463 | 77669 |
| \* | Politeknik Metal <br> Sanayi ve Ticaret <br> AS<br>| 48 | 9792 |
| \* | Ral Yatirim Holding <br> AS<br>| 7326 | 34529 |
| \* | Reysas Tasimacilik ve <br> Lojistik Ticaret AS<br>| 42672 | 15101 |
|  | Sarkuysan Elektrolitik <br> Bakir Sanayi ve <br> Ticaret AS<br>| 124252 | 45190 |
| #\* | Sasa Polyester Sanayi <br> AS<br>| 1002789 | 73167 |
|  | Sekerbank Turk AS | 297514 | 56604 |
|  | Selcuk Ecza Deposu <br> Ticaret ve Sanayi <br> AS<br>| 30439 | 56292 |
|  | Sok Marketler Ticaret <br> AS<br>| 19480 | 20474 |
|  | Suwen Tekstil Sanayi <br> Pazarlama AS<br>| 29210 | 8179 |
| \* | TAV Havalimanlari <br> Holding AS<br>| 32109 | 201814 |
| \* | Tekfen Holding AS | 37794 | 75639 |
|  | Tofas Turk Otomobil <br> Fabrikasi AS<br>| 16778 | 105210 |
| \* | Tukas Gida Sanayi ve <br> Ticaret AS<br>| 789727 | 53704 |
| \* | Tumosan Motor ve <br> Traktor Sanayi AS<br>| 5955 | 15505 |
|  | Turcas Holding AS | 30140 | 27215 |
| #\* | Turk Altin Isletmeleri <br> AS<br>| 30310 | 19331 |
|  | Turk Hava Yollari AO | 66244 | 458717 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| \* | Turk <br> Telekomunikasyon <br> AS<br>| 144238 | $174859 |
|  | Turk Traktor ve Ziraat <br> Makineleri AS<br>| 510 | 6634 |
|  | Turkcell Iletisim <br> Hizmetleri AS<br>| 164166 | 388687 |
| # | Turkiye Garanti <br> Bankasi AS<br>| 48988 | 156463 |
|  | Turkiye Is Bankasi AS, <br> Class C<br>| 1033406 | 310180 |
|  | Turkiye Petrol <br> Rafinerileri AS<br>| 49699 | 233289 |
|  | Turkiye Sigorta AS | 250044 | 73403 |
| \* | Turkiye Sinai <br> Kalkinma Bankasi <br> AS<br>| 175735 | 53768 |
| # | Turkiye Sise ve Cam <br> Fabrikalari AS<br>| 216994 | 189437 |
| #\* | Turkiye Vakiflar <br> Bankasi TAO, <br> Class D<br>| 70573 | 40953 |
| # | Ulker Biskuvi Sanayi <br> AS<br>| 24539 | 62961 |
| \* | Vakif Finansal <br> Kiralama AS<br>| 550567 | 25705 |
| #\* | Vestel Elektronik <br> Sanayi ve Ticaret <br> AS<br>| 6264 | 4960 |
| \* | Yapi ve Kredi Bankasi <br> AS<br>| 513411 | 409572 |
| \* | Yatas Yatak ve Yorgan <br> Sanayi ve Ticaret <br> AS<br>| 61645 | 54956 |
| \* | Yayla Agro Gida <br> Sanayi VE Nakliyat <br> AS<br>| 74663 | 19513 |
| \* | Zorlu Enerji Elektrik <br> Uretim AS<br>| 733335 | 58367 |
| TOTAL TURKEY | TOTAL TURKEY |  | 8103789 |
| UNITED ARAB EMIRATES — (0.5%) | UNITED ARAB EMIRATES — (0.5%) | UNITED ARAB EMIRATES — (0.5%) | UNITED ARAB EMIRATES — (0.5%) |
|  | Abu Dhabi <br> Commercial Bank <br> PJSC<br>| 414384 | 1625752 |
|  | Abu Dhabi Islamic <br> Bank PJSC<br>| 266505 | 1531372 |
|  | Abu Dhabi National <br> Hotels<br>| 1807881 | 219395 |
|  | Abu Dhabi National <br> Insurance Co. PSC<br>| 33078 | 65907 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
|  | Abu Dhabi National <br> Oil Co. for <br> Distribution PJSC<br>| 549225 | $536769 |
| \* | Abu Dhabi Ports Co. <br> PJSC<br>| 329162 | 410957 |
|  | Abu Dhabi Ship <br> Building Co. PJSC<br>| 20468 | 40091 |
|  | ADNOC Drilling Co. <br> PJSC<br>| 358586 | 544781 |
|  | ADNOC Logistics & <br> Services<br>| 307873 | 480919 |
|  | Agility Global PLC | 1216270 | 360826 |
|  | Agthia Group PJSC | 110163 | 116022 |
|  | Air Arabia PJSC | 766156 | 812959 |
|  | Ajman Bank PJSC | 379369 | 150804 |
| \* | AL Seer Marine <br> Supplies & <br> Equipment Co. LLC<br>| 98062 | 79321 |
|  | Aldar Properties <br> PJSC<br>| 150742 | 369335 |
|  | Alpha Dhabi Holding <br> PJSC<br>| 48424 | 131994 |
|  | Amanat Holdings <br> PJSC<br>| 473891 | 148320 |
|  | Americana <br> Restaurants <br> International PLC - <br> Foreign Co.<br>| 813136 | 462830 |
| \* | Amlak Finance PJSC | 227884 | 107355 |
| \*†† | Arabtec Holding <br> PJSC<br>| 67000 | 0 |
| \* | Bank of Sharjah | 326628 | 114775 |
|  | Burjeel Holdings PLC | 251746 | 95993 |
|  | Dana Gas PJSC | 1875286 | 422773 |
|  | Deyaar Development <br> PJSC<br>| 530218 | 148901 |
|  | Dubai Electricity & <br> Water Authority <br> PJSC<br>| 226252 | 171175 |
|  | Dubai Financial <br> Market PJSC<br>| 621117 | 260667 |
|  | Dubai Investments <br> PJSC<br>| 868434 | 785304 |
|  | Dubai Islamic Bank <br> PJSC<br>| 582309 | 1506326 |
|  | E7 Group PJSC | 75521 | 22195 |
|  | Emaar Development <br> PJSC<br>| 383148 | 1556370 |
|  | Emaar Properties <br> PJSC<br>| 823834 | 3187944 |
|  | Emirates Central <br> Cooling Systems <br> Corp.<br>| 704662 | 303089 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
|  | Emirates Driving Co. | 104206 | $89930 |
|  | Emirates Integrated <br> Telecommunications <br> Co. PJSC<br>| 208587 | 536391 |
|  | Emirates NBD Bank <br> PJSC<br>| 370341 | 2833805 |
| \* | Emirates Reem <br> Investments PJSC<br>| 18399 | 14316 |
|  | Emirates <br> Telecommunications <br> Group Co. PJSC<br>| 194546 | 1027160 |
| \* | EMSTEEL Building <br> Materials PJSC<br>| 609028 | 195498 |
| \* | Eshraq Investments <br> PJSC<br>| 295666 | 34829 |
|  | Fertiglobe PLC | 229770 | 156377 |
|  | First Abu Dhabi Bank <br> PJSC<br>| 309323 | 1468358 |
| \* | Ghitha Holding PJSC | 14099 | 90037 |
| \* | Gulf Navigation <br> Holding PJSC<br>| 41242 | 102392 |
| \* | Gulf Pharmaceutical <br> Industries PSC<br>| 41429 | 13854 |
| \* | Manazel PJSC | 560892 | 45792 |
| \* | Modon Holding PSC | 418542 | 415840 |
| \* | Multiply Group PJSC | 754878 | 613358 |
|  | National Bank of Ras <br> Al-Khaimah PSC<br>| 17241 | 36367 |
|  | National Central <br> Cooling Co. PJSC<br>| 140605 | 115577 |
| \* | National Corp. for <br> Tourism & Hotels<br>| 86901 | 43510 |
|  | NMDC Group PJSC | 28082 | 182826 |
| \* | Presight AI Holding <br> PLC<br>| 79113 | 77722 |
|  | Pure Health Holding <br> PJSC<br>| 13677 | 10467 |
| \* | RAK Properties PJSC | 448701 | 172392 |
|  | Ras Al Khaimah <br> Ceramics PJSC<br>| 182772 | 127897 |
|  | Salik Co. PJSC | 319949 | 520856 |
|  | Sharjah Islamic Bank | 317388 | 254925 |
| \* | Shuaa Capital PSC | 164892 | 9551 |
|  | Taaleem Holdings <br> PJSC<br>| 29415 | 34728 |
|  | TECOM Group PJSC | 136542 | 121168 |
| \* | Union Properties <br> PJSC<br>| 643307 | 141048 |
| TOTAL UNITED ARAB <br> EMIRATES | TOTAL UNITED ARAB <br> EMIRATES |  | 26258192 |
| UNITED KINGDOM — (7.7%) | UNITED KINGDOM — (7.7%) | UNITED KINGDOM — (7.7%) | UNITED KINGDOM — (7.7%) |
|  | 3i Group PLC | 69520 | 4023163 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | 4imprint Group PLC | 6340 | $277646 |
|  | Aberdeen Group PLC | 554473 | 1478798 |
| \* | Accesso Technology <br> Group PLC<br>| 3932 | 18322 |
|  | Admiral Group PLC | 36517 | 1572320 |
|  | Advanced Medical <br> Solutions Group <br> PLC<br>| 38462 | 108666 |
| \* | Afentra PLC | 17007 | 10168 |
|  | AG Barr PLC | 27400 | 240838 |
| Ω | Airtel Africa PLC | 262435 | 954391 |
|  | AJ Bell PLC | 107407 | 758270 |
| Ω | Alfa Financial <br> Software Holdings <br> PLC<br>| 42001 | 125112 |
|  | Anglo American PLC | 100611 | 3806378 |
|  | Anglo-Eastern <br> Plantations PLC<br>| 7046 | 129611 |
|  | Antofagasta PLC | 26624 | 977164 |
| \* | AO World PLC | 78261 | 109448 |
|  | Ashmore Group PLC | 87325 | 215589 |
|  | Ashtead Group PLC | 59713 | 3988516 |
| # | Ashtead Technology <br> Holdings PLC<br>| 15209 | 65460 |
| #\* | ASOS PLC | 16329 | 54647 |
|  | Associated British <br> Foods PLC<br>| 38722 | 1168496 |
| #\*Ω | Aston Martin Lagonda <br> Global Holdings <br> PLC<br>| 39203 | 32456 |
|  | AstraZeneca PLC <br> (AZN LN)<br>| 47070 | 7764127 |
|  | AstraZeneca PLC <br> (AZN US), <br> Sponsored ADR<br>| 92295 | 7605108 |
|  | Atalaya Mining <br> Copper SA<br>| 40111 | 360769 |
| \* | Auction Technology <br> Group PLC<br>| 19370 | 78663 |
| Ω | Auto Trader Group <br> PLC<br>| 163366 | 1675985 |
|  | Aviva PLC | 386395 | 3396137 |
|  | Avon Technologies <br> PLC<br>| 4262 | 107385 |
|  | B&M European Value <br> Retail SA<br>| 247748 | 584984 |
|  | Babcock International <br> Group PLC<br>| 167748 | 2678772 |
|  | BAE Systems PLC | 101491 | 2500075 |
| Ω | Bakkavor Group PLC | 69648 | 202991 |
|  | Balfour Beatty PLC | 131888 | 1165636 |
|  | Barclays PLC (BARC <br> LN)<br>| 1157795 | 6209973 |
|  | Barratt Redrow PLC | 387669 | 1918372 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Beazley PLC | 239062 | $2924634 |
|  | Begbies Traynor <br> Group PLC<br>| 13528 | 19907 |
|  | Bellway PLC | 42909 | 1480917 |
|  | Berkeley Group <br> Holdings PLC<br>| 24000 | 1271390 |
|  | Bloomsbury <br> Publishing PLC<br>| 23687 | 155424 |
|  | Bodycote PLC | 38757 | 314228 |
| #\* | boohoo Group PLC | 178266 | 28100 |
|  | BP PLC (BP LN) | 266095 | 1558999 |
|  | BP PLC (BP US), <br> Sponsored ADR<br>| 242656 | 8524505 |
|  | Braemar PLC | 11607 | 35899 |
|  | Breedon Group PLC | 98460 | 445703 |
| Ω | Bridgepoint Group <br> PLC<br>| 42049 | 166533 |
|  | British American <br> Tobacco PLC <br> (BATS LN)<br>| 128683 | 6590563 |
| # | Brooks Macdonald <br> Group PLC<br>| 3134 | 71831 |
|  | BT Group PLC | 1786031 | 4358939 |
|  | Bunzl PLC | 25453 | 773713 |
| \* | Burberry Group PLC | 91685 | 1492417 |
|  | Burford Capital Ltd. | 58258 | 572312 |
|  | Bytes Technology <br> Group PLC (BYI <br> SJ)<br>| 15371 | 75499 |
|  | Bytes Technology <br> Group PLC (BYIT <br> LN)<br>| 48124 | 234532 |
|  | C&C Group PLC | 92034 | 165352 |
| \* | Canal & SA | 217604 | 685118 |
| \* | Capita PLC | 9263 | 38188 |
|  | Capital Ltd. | 80305 | 126580 |
| \* | Capricorn Energy <br> PLC<br>| 30070 | 78991 |
|  | Card Factory PLC | 107748 | 146433 |
| \* | Carnival PLC (CCL <br> LN)<br>| 4905 | 127431 |
| \* | Carnival PLC (CUK <br> US), ADR<br>| 14523 | 377743 |
|  | Castings PLC | 1541 | 4932 |
|  | Central Asia Metals <br> PLC<br>| 52061 | 108882 |
|  | Centrica PLC | 1621757 | 3822158 |
|  | Chemring Group PLC | 38755 | 292145 |
|  | Chesnara PLC | 78748 | 284557 |
|  | Clarkson PLC | 5180 | 246900 |
| \* | Close Brothers Group <br> PLC<br>| 42193 | 232742 |
| Ω | CMC Markets PLC | 32124 | 90888 |
|  | Coats Group PLC | 473049 | 508361 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Coca-Cola HBC AG | 19150 | $868990 |
|  | Cohort PLC | 4887 | 86314 |
|  | Compass Group PLC | 102564 | 3394839 |
|  | Computacenter PLC | 24868 | 937085 |
|  | Conduit Holdings Ltd. | 20557 | 91556 |
| Ω | Convatec Group PLC | 173830 | 558269 |
|  | Costain Group PLC | 42578 | 85865 |
|  | Cranswick PLC | 13296 | 862574 |
|  | Crest Nicholson <br> Holdings PLC<br>| 94626 | 205730 |
|  | Croda International <br> PLC<br>| 5514 | 209325 |
|  | Currys PLC | 527609 | 973864 |
|  | CVS Group PLC | 19645 | 320473 |
|  | DCC PLC | 21273 | 1401444 |
| \* | DFS Furniture PLC | 73635 | 154156 |
| # | Diageo PLC (DEO <br> US), Sponsored <br> ADR<br>| 32065 | 2952866 |
|  | Diageo PLC (DGE <br> LN)<br>| 5632 | 129546 |
|  | Diploma PLC | 10829 | 798888 |
|  | DiscoverIE Group <br> PLC<br>| 19238 | 147133 |
|  | Diversified Energy Co. <br> PLC (DEC LN)<br>| 8438 | 106487 |
|  | Diversified Energy Co. <br> PLC (DEC US)<br>| 8765 | 110877 |
|  | Domino's Pizza Group <br> PLC<br>| 67689 | 173110 |
|  | dotdigital group PLC | 47751 | 42705 |
|  | Dowlais Group PLC | 425460 | 462209 |
|  | Dr. Martens PLC | 27901 | 33374 |
|  | Drax Group PLC | 135304 | 1282368 |
|  | Dunelm Group PLC | 43470 | 638431 |
|  | easyJet PLC | 69018 | 439424 |
|  | Ecora Resources <br> PLC<br>| 64586 | 81494 |
| \* | EKF Diagnostics <br> Holdings PLC<br>| 10269 | 3560 |
|  | Elementis PLC | 134303 | 290305 |
| # | Energean PLC | 56583 | 717114 |
|  | EnQuest PLC | 672112 | 107442 |
|  | Entain PLC | 71416 | 743852 |
|  | Essentra PLC | 44343 | 56713 |
|  | Experian PLC | 95845 | 4470705 |
|  | FDM Group Holdings <br> PLC<br>| 30143 | 47634 |
|  | Firstgroup PLC | 307314 | 848911 |
|  | Foresight Group <br> Holdings Ltd.<br>| 22346 | 133963 |
| Ω | Forterra PLC | 47338 | 113280 |
|  | Foxtons Group PLC | 89171 | 64448 |
| \* | Frasers Group PLC | 33822 | 324686 |
|  | Fresnillo PLC | 57209 | 1672972 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Fuller Smith & Turner <br> PLC, Class A<br>| 12999 | $105237 |
| \*Ω | Funding Circle <br> Holdings PLC<br>| 61038 | 106117 |
|  | Future PLC | 19968 | 161010 |
|  | Galliford Try Holdings <br> PLC<br>| 20826 | 142144 |
|  | Games Workshop <br> Group PLC<br>| 10708 | 2242343 |
| \* | Gaming Realms PLC | 58159 | 31454 |
|  | Gamma <br> Communications <br> PLC<br>| 17469 | 228064 |
|  | GB Group PLC | 77440 | 239713 |
| \* | Genel Energy PLC | 63993 | 54008 |
|  | Genuit Group PLC | 71508 | 347668 |
| \* | Georgia Capital PLC | 14057 | 478366 |
|  | Glencore PLC | 617938 | 2960272 |
|  | Gooch & Housego <br> PLC<br>| 9024 | 68272 |
|  | Goodwin PLC | 208 | 59361 |
| †† | Gracell <br> Biotechnologies, <br> Inc., ADR<br>| 16505 | 1816 |
|  | Grafton Group PLC, <br> CDI<br>| 62669 | 783650 |
|  | Grainger PLC | 212225 | 522893 |
|  | Greencore Group <br> PLC<br>| 149296 | 467681 |
|  | Greggs PLC | 33778 | 715935 |
| \* | Griffin Mining Ltd. | 14013 | 35035 |
|  | GSK PLC (GSK LN) | 147543 | 3454498 |
| # | GSK PLC (GSK US), <br> Sponsored ADR<br>| 96091 | 4502824 |
|  | Gulf Keystone <br> Petroleum Ltd.<br>| 100579 | 239422 |
| \* | Gulf Marine Services <br> PLC<br>| 49766 | 10995 |
| \*Ω | Gym Group PLC | 57835 | 105717 |
|  | Haleon PLC (HLN <br> LN)<br>| 629943 | 2929379 |
| # | Haleon PLC (HLN <br> US), ADR<br>| 7340 | 68042 |
|  | Halfords Group PLC | 69518 | 136570 |
|  | Halma PLC | 17692 | 824419 |
|  | Harbour Energy PLC | 114485 | 338874 |
|  | Hargreaves Services <br> PLC<br>| 7815 | 67393 |
|  | Harworth Group PLC | 43255 | 93200 |
|  | Hays PLC | 206230 | 160145 |
| \* | Headlam Group PLC | 18512 | 12492 |
|  | Helical PLC | 54773 | 150115 |
| \* | Helios Towers PLC | 168720 | 331793 |
|  | Henry Boot PLC | 27912 | 81176 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Hikma <br> Pharmaceuticals <br> PLC<br>| 32924 | $796415 |
|  | Hill & Smith PLC | 21306 | 602895 |
|  | Hilton Food Group <br> PLC<br>| 27145 | 229551 |
|  | Hiscox Ltd. | 106599 | 1927126 |
|  | Hochschild Mining <br> PLC<br>| 136754 | 594467 |
|  | Hollywood Bowl <br> Group PLC<br>| 52541 | 186147 |
| Ω | Hostelworld Group <br> PLC<br>| 15138 | 25275 |
|  | Howden Joinery <br> Group PLC<br>| 194268 | 2206469 |
|  | HSBC Holdings PLC <br> (HSBA LN)<br>| 462320 | 6472222 |
|  | HSBC Holdings PLC <br> (HSBC US), <br> Sponsored ADR<br>| 138463 | 9702102 |
|  | Hunting PLC | 41308 | 185504 |
| Ω | Ibstock PLC | 77283 | 138834 |
|  | ICG PLC | 30676 | 779278 |
|  | IDOX PLC | 32237 | 29889 |
|  | IG Group Holdings <br> PLC<br>| 122833 | 1797977 |
|  | IMI PLC | 98926 | 3110132 |
|  | Impax Asset <br> Management Group <br> PLC<br>| 20782 | 52094 |
|  | Imperial Brands PLC | 120963 | 4806379 |
|  | Inchcape PLC | 126742 | 1271837 |
| \* | Indivior PLC | 14579 | 428179 |
|  | Informa PLC | 181115 | 2306191 |
|  | IntegraFin Holdings <br> PLC<br>| 41800 | 199074 |
|  | InterContinental <br> Hotels Group PLC <br> (IHG LN)<br>| 2901 | 349914 |
| # | InterContinental <br> Hotels Group PLC <br> (IHG US), ADR<br>| 13252 | 1609638 |
|  | International Personal <br> Finance PLC<br>| 72517 | 194859 |
|  | International <br> Workplace Group <br> PLC<br>| 165973 | 493953 |
|  | Intertek Group PLC | 31337 | 2087296 |
|  | Investec PLC | 171771 | 1293373 |
| \* | IP Group PLC | 287905 | 228800 |
| #\* | IQE PLC | 250080 | 18887 |
| #\* | ITM Power PLC | 11679 | 12134 |
|  | ITV PLC | 801546 | 733700 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | J D Wetherspoon <br> PLC<br>| 29560 | $250781 |
|  | J Sainsbury PLC | 505272 | 2268614 |
| \* | James Fisher & Sons <br> PLC<br>| 13516 | 70636 |
|  | James Halstead PLC | 47018 | 86229 |
|  | JD Sports Fashion <br> PLC<br>| 628814 | 770539 |
|  | JET2 PLC | 20824 | 363647 |
| \* | John Wood Group <br> PLC<br>| 194931 | 47221 |
|  | Johnson Matthey <br> PLC<br>| 49163 | 1376873 |
|  | Johnson Service <br> Group PLC<br>| 113318 | 201791 |
|  | Jupiter Fund <br> Management PLC<br>| 111514 | 223227 |
|  | Just Group PLC | 331163 | 924467 |
|  | Kainos Group PLC | 19826 | 246017 |
|  | Keller Group PLC | 53847 | 1123243 |
|  | Kier Group PLC | 140860 | 400810 |
|  | Kingfisher PLC | 526024 | 2133332 |
|  | Kitwave Group PLC | 9363 | 26429 |
|  | Knights Group <br> Holdings PLC<br>| 8396 | 18564 |
|  | Lancashire Holdings <br> Ltd.<br>| 80373 | 705773 |
|  | Legal & General <br> Group PLC<br>| 531976 | 1662381 |
|  | Lion Finance Group <br> PLC<br>| 18144 | 1910087 |
|  | Liontrust Asset <br> Management PLC<br>| 10740 | 43869 |
|  | Lloyds Banking Group <br> PLC (LLOY LN)<br>| 4967542 | 5824381 |
|  | London Investment <br> Group PLC<br>| 2223 | 10972 |
|  | London Stock <br> Exchange Group <br> PLC<br>| 7836 | 976571 |
|  | LSL Property Services <br> PLC<br>| 21252 | 71256 |
| Ω | Luceco PLC | 17334 | 30041 |
|  | M&C Saatchi PLC | 26191 | 46870 |
|  | M&G PLC | 546606 | 1892441 |
|  | Macfarlane Group <br> PLC<br>| 47125 | 43112 |
|  | Man Group PLC | 203961 | 563506 |
|  | Marks & Spencer <br> Group PLC<br>| 691332 | 3612773 |
|  | Marshalls PLC | 64748 | 143624 |
| \* | Marston's PLC | 259927 | 156462 |
|  | McBride PLC | 53087 | 81819 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Me Group <br> International PLC<br>| 106144 | $262716 |
|  | Mears Group PLC | 43229 | 201489 |
|  | Melrose Industries <br> PLC<br>| 145360 | 1197482 |
| \* | Metro Bank Holdings <br> PLC<br>| 54271 | 83522 |
| # | Midwich Group PLC | 19506 | 44104 |
| \* | Mitchells & Butlers <br> PLC<br>| 102151 | 326661 |
|  | Mitie Group PLC | 362970 | 785091 |
|  | MJ Gleeson PLC | 17134 | 83083 |
|  | Mondi PLC | 73304 | 819384 |
|  | MONY Group PLC | 164054 | 418383 |
|  | Moonpig Group PLC | 65807 | 185468 |
|  | Morgan Advanced <br> Materials PLC<br>| 70617 | 189375 |
|  | Morgan Sindall Group <br> PLC<br>| 10550 | 644602 |
|  | Mortgage Advice <br> Bureau Holdings <br> Ltd.<br>| 4769 | 43720 |
|  | MP Evans Group <br> PLC<br>| 12136 | 215287 |
|  | National Grid PLC <br> (NG LN)<br>| 79704 | 1195090 |
| # | National Grid PLC <br> (NGG US), <br> Sponsored ADR<br>| 24205 | 1821426 |
|  | NatWest Group PLC <br> (NWG LN)<br>| 518694 | 3993172 |
|  | NatWest Group PLC <br> (NWG US), <br> Sponsored ADR<br>| 105299 | 1628983 |
|  | NCC Group PLC | 69878 | 137441 |
|  | Next 15 Group PLC | 24898 | 135251 |
|  | Next PLC | 15976 | 3001731 |
|  | Ninety One PLC | 124236 | 377655 |
|  | Norcros PLC | 29191 | 115025 |
| \* | Ocado Group PLC | 132016 | 380212 |
| Ω | On the Beach Group <br> PLC<br>| 31548 | 88126 |
|  | OSB Group PLC | 134233 | 951439 |
|  | Oxford Instruments <br> PLC<br>| 14863 | 368761 |
|  | Pagegroup PLC | 91355 | 283562 |
|  | Pan African <br> Resources PLC<br>| 656500 | 721351 |
| \* | Pantheon Resources <br> PLC<br>| 181723 | 66818 |
|  | Paragon Banking <br> Group PLC<br>| 78554 | 856740 |
|  | PayPoint PLC | 12008 | 109921 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Pearson PLC (PSO <br> US), Sponsored <br> ADR<br>| 70351 | $978582 |
|  | Pearson PLC (PSON <br> LN)<br>| 10386 | 144552 |
|  | Pennon Group PLC | 93971 | 640422 |
|  | Persimmon PLC | 80849 | 1284942 |
|  | Pets at Home Group <br> PLC<br>| 130203 | 366772 |
|  | Pharos Energy PLC | 34521 | 9347 |
|  | Phoenix Group <br> Holdings PLC<br>| 31503 | 279080 |
| \* | Phoenix Spree <br> Deutschland Ltd.<br>| 14613 | 31990 |
| \* | Pinewood <br> Technologies Group <br> PLC<br>| 21720 | 105121 |
|  | Playtech PLC | 56782 | 196526 |
|  | Plus500 Ltd. | 34070 | 1417634 |
|  | Polar Capital Holdings <br> PLC<br>| 26008 | 196065 |
|  | Pollen Street Group <br> Ltd.<br>| 3987 | 46415 |
|  | Porvair PLC | 4392 | 44252 |
|  | PPHE Hotel Group <br> Ltd.<br>| 4166 | 78331 |
|  | Premier Foods PLC | 262916 | 630617 |
|  | Prudential PLC (PRU <br> LN)<br>| 101805 | 1415912 |
| # | Prudential PLC (PUK <br> US), ADR<br>| 43085 | 1200348 |
| \* | PureTech Health PLC <br> (PRTC LN)<br>| 45748 | 79443 |
|  | PZ Cussons PLC | 37864 | 36846 |
|  | QinetiQ Group PLC | 120356 | 760009 |
| Ω | Quilter PLC | 325919 | 778150 |
|  | Rank Group PLC | 55941 | 87222 |
|  | Rathbones Group <br> PLC<br>| 11268 | 264116 |
| \*†† | Raven Property Group <br> Ltd.<br>| 39205 | 0 |
|  | Reach PLC | 142418 | 110573 |
|  | Reckitt Benckiser <br> Group PLC<br>| 82259 | 6291912 |
|  | Record PLC | 26759 | 21080 |
|  | Redcentric PLC | 1875 | 2954 |
|  | RELX PLC (REL LN) | 38132 | 1685296 |
|  | RELX PLC (RELX <br> US), Sponsored <br> ADR<br>| 40644 | 1798072 |
|  | RELX PLC (REN NA) | 48598 | 2140434 |
|  | Renew Holdings PLC | 14848 | 180827 |
|  | Rentokil Initial PLC | 290094 | 1619144 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Rentokil Initial PLC, <br> Sponsored ADR<br>| 2969 | $82598 |
|  | RHI Magnesita NV | 6366 | 175669 |
|  | Rightmove PLC | 235871 | 2071054 |
|  | Rio Tinto PLC (RIO <br> LN)<br>| 2919 | 210431 |
|  | Rio Tinto PLC (RIO <br> US), Sponsored <br> ADR<br>| 90368 | 6483000 |
|  | Robert Walters PLC | 14202 | 28114 |
| \* | Rockhopper <br> Exploration PLC<br>| 200148 | 216377 |
|  | Rolls-Royce Holdings <br> PLC<br>| 561583 | 8642085 |
|  | Rotork PLC | 200906 | 904450 |
|  | RS Group PLC | 89755 | 656906 |
|  | RWS Holdings PLC | 51044 | 51920 |
|  | S&U PLC | 1185 | 27761 |
| Ω | Sabre Insurance <br> Group PLC<br>| 54083 | 95228 |
| \* | Saga PLC | 30551 | 106976 |
|  | Sage Group PLC | 95878 | 1449231 |
| \* | Savannah Energy <br> PLC<br>| 205545 | 18830 |
|  | Savills PLC | 49686 | 658418 |
|  | Schroders PLC | 160403 | 800430 |
|  | Secure Trust Bank <br> PLC<br>| 4722 | 60460 |
|  | Senior PLC | 82116 | 205681 |
|  | Serco Group PLC | 334609 | 1116579 |
|  | Serica Energy PLC | 53343 | 152459 |
|  | Severfield PLC | 94328 | 37224 |
|  | Severn Trent PLC | 33805 | 1235742 |
|  | Shell PLC (SHEL LN) | 31966 | 1198388 |
|  | Shell PLC (SHEL US), <br> ADR<br>| 372644 | 27918488 |
| \* | SIG PLC | 245058 | 29033 |
| \* | Sigmaroc PLC | 100353 | 152391 |
|  | Smith & Nephew PLC <br> (SN LN)<br>| 32509 | 600311 |
| # | Smith & Nephew PLC <br> (SNN US), <br> Sponsored ADR<br>| 15446 | 568722 |
|  | Smiths Group PLC | 37720 | 1249062 |
|  | Smiths News PLC | 53098 | 42543 |
|  | Softcat PLC | 48702 | 1026224 |
| \* | SolGold PLC | 83699 | 19333 |
|  | Spectris PLC | 16745 | 903349 |
|  | Speedy Hire PLC | 195133 | 70672 |
|  | Spirax Group PLC | 7158 | 667663 |
| Ω | Spire Healthcare <br> Group PLC<br>| 84928 | 261841 |
|  | SSE PLC | 126645 | 3190540 |
|  | SSP Group PLC | 175079 | 353836 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | St. James's Place <br> PLC<br>| 151699 | $2588295 |
|  | Standard Chartered <br> PLC<br>| 310696 | 6377731 |
|  | SThree PLC | 20261 | 41910 |
| \* | Strix Group PLC | 24885 | 10917 |
| \*†† | Studio Retail Group <br> PLC<br>| 7838 | 0 |
|  | STV Group PLC | 6164 | 9153 |
| \* | Synthomer PLC | 29916 | 21113 |
|  | Tate & Lyle PLC | 76052 | 386101 |
|  | Tatton Asset <br> Management PLC<br>| 8599 | 84075 |
|  | Taylor Wimpey PLC | 1066722 | 1475533 |
|  | TBC Bank Group <br> PLC<br>| 15540 | 890319 |
| \* | Team Internet Group <br> PLC<br>| 39440 | 23561 |
|  | Telecom Plus PLC | 25673 | 598830 |
|  | Tesco PLC | 1134907 | 6848791 |
| \* | THG PLC | 77518 | 47377 |
|  | Topps Tiles PLC | 38488 | 17431 |
|  | TP ICAP Group PLC | 267269 | 921801 |
| \*Ω | Trainline PLC | 94659 | 312472 |
|  | Travis Perkins PLC | 71961 | 594975 |
|  | Treatt PLC | 8368 | 26485 |
|  | Trifast PLC | 24484 | 24434 |
|  | TT Electronics PLC | 65123 | 132056 |
| #\* | Tullow Oil PLC | 210141 | 27125 |
| # | Unilever PLC (UL <br> US), Sponsored <br> ADR<br>| 92447 | 5564385 |
|  | Unilever PLC (ULVR <br> LN)<br>| 15104 | 906305 |
|  | Unilever PLC (UNA <br> NA)<br>| 6494 | 393253 |
|  | United Utilities Group <br> PLC<br>| 86302 | 1361542 |
| \* | Vanquis Banking <br> Group PLC<br>| 72167 | 108089 |
|  | Vertu Motors PLC | 104508 | 86035 |
|  | Vesuvius PLC | 81499 | 402182 |
|  | Victrex PLC | 11379 | 96691 |
| \* | Videndum PLC | 15306 | 8058 |
| \* | Vistry Group PLC | 98637 | 835520 |
|  | Vodafone Group PLC <br> (VOD LN)<br>| 1918349 | 2322301 |
| # | Volex PLC | 34911 | 172007 |
|  | Volution Group PLC | 39770 | 343471 |
|  | Vp PLC | 1242 | 9290 |
|  | WAG Payment <br> Solutions PLC<br>| 17824 | 22368 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
| \*Ω | Watches of <br> Switzerland Group <br> PLC<br>| 56324 | $290720 |
| \* | Watkin Jones PLC | 69828 | 26208 |
|  | Weir Group PLC  | 36595 | 1424566 |
|  | WH Smith PLC | 38845 | 345061 |
|  | Whitbread PLC | 37882 | 1442176 |
|  | Wickes Group PLC | 91550 | 266367 |
|  | Wilmington PLC | 8381 | 34238 |
| \* | Wise PLC, Class A | 13801 | 175494 |
| \*Ω | Wizz Air Holdings <br> PLC<br>| 1105 | 15201 |
|  | WPP PLC (WPP LN) | 55778 | 210767 |
| # | WPP PLC (WPP US), <br> Sponsored ADR<br>| 23989 | 455071 |
| \* | Xaar PLC | 14848 | 24719 |
|  | XPS Pensions Group <br> PLC<br>| 39143 | 173392 |
|  | Young & Co.'s <br> Brewery PLC <br> (YNGA LN), <br> Class A<br>| 8330 | 84248 |
|  | Young & Co.'s <br> Brewery PLC <br> (YNGN LN)<br>| 7529 | 60922 |
|  | Zigup PLC | 65915 | 300286 |
|  | Zotefoams PLC | 4323 | 26026 |
| TOTAL UNITED <br> KINGDOM | TOTAL UNITED <br> KINGDOM |  | 368223425 |
| UNITED STATES — (0.1%) | UNITED STATES — (0.1%) | UNITED STATES — (0.1%) | UNITED STATES — (0.1%) |
| \* | ADTRAN Holdings, <br> Inc.<br>| 7406 | 76681 |
| \* | Flutter Entertainment <br> PLC<br>| 1080 | 248771 |
| \* | Gran Tierra Energy, <br> Inc. (GTE CN)<br>| 13205 | 44909 |
| # | International Paper <br> Co.<br>| 55889 | 2188482 |
|  | MEG Energy Corp. | 98801 | 2090773 |
|  | Royal Gold, Inc. | 7099 | 1240834 |
| TOTAL UNITED STATES | TOTAL UNITED STATES |  | 5890450 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 4647646218 |
| PREFERRED STOCKS — (0.4%) | PREFERRED STOCKS — (0.4%) | PREFERRED STOCKS — (0.4%) | PREFERRED STOCKS — (0.4%) |
| BRAZIL — (0.2%) | BRAZIL — (0.2%) | BRAZIL — (0.2%) | BRAZIL — (0.2%) |
|  | Alpargatas SA, <br> 1.006%<br>| 41693 | 81992 |
|  | Banco ABC Brasil SA, <br> 8.457%<br>| 38137 | 163112 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
| Ω | Banco BMG SA, <br> 7.859%<br>| 88887 | $66583 |
| \* | Banco BMG SA | 3654 | 2649 |
|  | Banco Bradesco SA, <br> 7.400%<br>| 221663 | 748223 |
|  | Banco do Estado do <br> Rio Grande do Sul <br> SA, 9.033%<br>| 83494 | 213238 |
|  | Banco Mercantil do <br> Brasil SA, 2.089%<br>| 3584 | 37985 |
|  | Banco Pan SA, <br> 2.333%<br>| 65799 | 126585 |
|  | Banco Pine SA, <br> 6.844%<br>| 35036 | 61151 |
|  | Centrais Eletricas <br> Brasileiras SA, <br> 6.512%<br>| 14000 | 154548 |
|  | Centrais Eletricas de <br> Santa Catarina SA, <br> 9.478%<br>| 1700 | 33018 |
|  | Cia de Ferro Ligas da <br> Bahia FERBASA, <br> 6.359%<br>| 59972 | 87506 |
|  | Cia De Sanena Do <br> Parana, 6.586%<br>| 179798 | 228259 |
|  | Cia Energetica de <br> Minas Gerais, <br> 12.908%<br>| 221829 | 467577 |
|  | Cia Paranaense de <br> Energia - Copel <br> Class B, 4.654%<br>| 171936 | 444864 |
|  | Energisa SA, 6.170% | 193 | 337 |
|  | Eucatex SA Industria <br> e Comercio, <br> 4.404%<br>| 26314 | 81682 |
|  | Gerdau SA, 3.379% | 60750 | 213869 |
|  | Isa Energia Brasil SA, <br> 10.298%<br>| 39563 | 184653 |
|  | Itau Unibanco Holding <br> SA, 6.653%<br>| 150642 | 1104345 |
|  | Klabin SA, 6.050% | 3 | 2 |
|  | Marcopolo SA, <br> 7.858%<br>| 193536 | 283831 |
|  | Petroleo Brasileiro SA <br> - Petrobras, <br> 10.136%<br>| 616194 | 3407424 |
| \* | Raizen SA | 297543 | 52541 |
|  | Randoncorp SA, <br> 4.234%<br>| 64153 | 72143 |
|  | Schulz SA, 6.913% | 27962 | 25311 |
|  | Taurus Armas SA, <br> 3.642%<br>| 22990 | 21623 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Track & Field Co. SA, <br> 1.451%<br>| 7000 | $23563 |
|  | Unipar Carbocloro SA, <br> 10.425%<br>| 7118 | 93937 |
| \* | Usinas Siderurgicas <br> de Minas Gerais SA <br> Usiminas<br>| 129559 | 136544 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 8619095 |
| CHILE — (0.0%) | CHILE — (0.0%) | CHILE — (0.0%) | CHILE — (0.0%) |
|  | Embotelladora Andina <br> SA, 4.564%<br>| 47804 | 215026 |
| COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) |
|  | Grupo Argos SA, <br> 5.588%<br>| 8261 | 25889 |
|  | Grupo Aval Acciones y <br> Valores SA, <br> 3.140%<br>| 451853 | 91082 |
|  | Grupo de Inversiones <br> Suramericana SA, <br> 3.606%<br>| 12695 | 134700 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 251671 |
| GERMANY — (0.2%) | GERMANY — (0.2%) | GERMANY — (0.2%) | GERMANY — (0.2%) |
|  | Bayerische Motoren <br> Werke AG, 5.764%<br>| 6151 | 532897 |
| #Ω | Dr. Ing hc F Porsche <br> AG, 5.074%<br>| 11745 | 614509 |
|  | Draegerwerk AG & <br> Co. KGaA, 2.796%<br>| 2818 | 237466 |
|  | Einhell Germany AG, <br> 1.843%<br>| 1782 | 168999 |
|  | FUCHS SE, 3.020% | 24279 | 1086838 |
|  | Henkel AG & Co. <br> KGaA, 2.901%<br>| 20747 | 1680774 |
|  | Jungheinrich AG, <br> 2.591%<br>| 19888 | 710761 |
|  | Porsche Automobil <br> Holding SE, <br> 5.552%<br>| 48794 | 1938755 |
|  | Sartorius AG, 0.312% | 362 | 99596 |
|  | Sixt SE, 4.946% | 6464 | 410654 |
|  | STO SE & Co. KGaA, <br> 2.782%<br>| 939 | 129087 |
|  | Villeroy & Boch AG, <br> 5.438%<br>| 2636 | 50293 |
|  | Volkswagen AG, <br> 7.042%<br>| 26069 | 2714741 |
| TOTAL GERMANY | TOTAL GERMANY |  | 10375370 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (0.0%) | INDIA — (0.0%) | INDIA — (0.0%) | INDIA — (0.0%) |
|  | TVS Motor Co. Ltd., <br> 6.000%<br>| 190612 | $21472 |
| PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) |
|  | Cebu Air, Inc., <br> 6.000%<br>| 55128 | 30901 |
| TOTAL PREFERRED <br> STOCKS | TOTAL PREFERRED <br> STOCKS |  | 19513535 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) |
| \* | Silver Mines Ltd. <br> Warrants 06/17/26<br>| 9517 | 314 |
| BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) |
| \* | Banco Pine SA Rights <br> 11/17/2025<br>| 886 | 178 |
| \* | Oncoclinicas do Brasil <br> Servicos Medicos <br> SA Rights <br> 11/07/2025<br>| 37730 | 210 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 388 |
| CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) | CANADA — (0.0%) |
| \* | Constellation <br> Software, Inc. <br> Warrants <br> 03/31/2040<br>| 1541 | 0 |
| GERMANY — (0.0%) | GERMANY — (0.0%) | GERMANY — (0.0%) | GERMANY — (0.0%) |
| #\* | BayWa AG Rights <br> 11/10/2025<br>| 3491 | 5996 |
| ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) |
| #\* | Webuild SpA Warrants <br> 08/02/2030<br>| 6942 | 0 |
| NORWAY — (0.0%) | NORWAY — (0.0%) | NORWAY — (0.0%) | NORWAY — (0.0%) |
| #\* | Vend Marketplaces <br> ASA Rights <br> 11/13/2025<br>| 2018 | 4492 |
| SPAIN — (0.0%) | SPAIN — (0.0%) | SPAIN — (0.0%) | SPAIN — (0.0%) |
| \* | Vidrala SA Rights <br> 11/17/2025<br>| 7360 | 34782 |
| SWITZERLAND — (0.0%) | SWITZERLAND — (0.0%) | SWITZERLAND — (0.0%) | SWITZERLAND — (0.0%) |
| \* | Fundamenta Real <br> Estate AG Rights <br> 11/03/2025<br>| 4475 | 199 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (0.0%) | TAIWAN — (0.0%) | TAIWAN — (0.0%) | TAIWAN — (0.0%) |
| \* | National Aerospace <br> Fasteners Corp. <br> Rights 11/17/2025<br>| 857 | $348 |
| \* | Yeong Guan Energy <br> Technology Group <br> Co. Ltd. Rights <br> 11/10/2025<br>| 6502 | 402 |
| TOTAL TAIWAN | TOTAL TAIWAN |  | 750 |
| THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) |
| \* | Assetwise PCL | 4930 | 0 |
| \* | Better World Green <br> PCL Warrants<br>| 586066 | 0 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 46921 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $2,862,071,098) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $2,862,071,098) |  | 4667206674 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| SECURITIES LENDING COLLATERAL — (2.9%) | SECURITIES LENDING COLLATERAL — (2.9%) | SECURITIES LENDING COLLATERAL — (2.9%) | SECURITIES LENDING COLLATERAL — (2.9%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 12033841 | $139195439 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $3,001,266,536) | (Cost $3,001,266,536) |  | $4806402113 |

---

As of October 31, 2025, World ex U.S. Core Equity Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 112 | 12/19/25 | &nbsp;&nbsp; $37759132 | &nbsp;&nbsp; $38494400 | &nbsp;&nbsp; $735268 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$37759132** | &nbsp;&nbsp; **$38494400** | &nbsp;&nbsp; **$735268** |

---

As of October 31, 2025, the value of Rule 144A securities amounted to $131,241,812 or 2.8% of net assets.

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Australia | &nbsp;&nbsp; $3531477 | &nbsp;&nbsp; $190530023 | &nbsp;&nbsp; $3194 | &nbsp;&nbsp; $194064694 |
| Austria | &nbsp;&nbsp; — | &nbsp;&nbsp; 20001672 | &nbsp;&nbsp; — | &nbsp;&nbsp; 20001672 |
| Belgium | &nbsp;&nbsp; 886121 | &nbsp;&nbsp; 33222531 | &nbsp;&nbsp; — | &nbsp;&nbsp; 34108652 |
| Brazil | &nbsp;&nbsp; 46348440 | &nbsp;&nbsp; 80825 | &nbsp;&nbsp; — | &nbsp;&nbsp; 46429265 |
| Canada | &nbsp;&nbsp; 374059704 | &nbsp;&nbsp; 1085522 | &nbsp;&nbsp; — | &nbsp;&nbsp; 375145226 |
| Chile | &nbsp;&nbsp; 779497 | &nbsp;&nbsp; 6385992 | &nbsp;&nbsp; — | &nbsp;&nbsp; 7165489 |
| China | &nbsp;&nbsp; 28810006 | &nbsp;&nbsp; 406287585 | &nbsp;&nbsp; 60266 | &nbsp;&nbsp; 435157857 |
| Colombia | &nbsp;&nbsp; 1718328 | &nbsp;&nbsp; 176033 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1894361 |
| Czech Republic | &nbsp;&nbsp; — | &nbsp;&nbsp; 2213963 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2213963 |
| Denmark | &nbsp;&nbsp; — | &nbsp;&nbsp; 67563057 | &nbsp;&nbsp; — | &nbsp;&nbsp; 67563057 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Egypt | &nbsp;&nbsp; $124655 | &nbsp;&nbsp; $204633 | &nbsp;&nbsp; — | &nbsp;&nbsp; $329288 |
| Finland | &nbsp;&nbsp; 235693 | &nbsp;&nbsp; 54703762 | &nbsp;&nbsp; — | &nbsp;&nbsp; 54939455 |
| France | &nbsp;&nbsp; 1404065 | &nbsp;&nbsp; 234421313 | &nbsp;&nbsp; — | &nbsp;&nbsp; 235825378 |
| Germany | &nbsp;&nbsp; 2819015 | &nbsp;&nbsp; 229384886 | &nbsp;&nbsp; — | &nbsp;&nbsp; 232203901 |
| Greece | &nbsp;&nbsp; — | &nbsp;&nbsp; 8200992 | &nbsp;&nbsp; — | &nbsp;&nbsp; 8200992 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 50819141 | &nbsp;&nbsp; $9374 | &nbsp;&nbsp; 50828515 |
| Hungary | &nbsp;&nbsp; — | &nbsp;&nbsp; 3702489 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3702489 |
| India | &nbsp;&nbsp; 9056144 | &nbsp;&nbsp; 239148016 | &nbsp;&nbsp; — | &nbsp;&nbsp; 248204160 |
| Indonesia | &nbsp;&nbsp; 84511 | &nbsp;&nbsp; 19541293 | &nbsp;&nbsp; 20906 | &nbsp;&nbsp; 19646710 |
| Ireland | &nbsp;&nbsp; — | &nbsp;&nbsp; 17460773 | &nbsp;&nbsp; — | &nbsp;&nbsp; 17460773 |
| Israel | &nbsp;&nbsp; 2392564 | &nbsp;&nbsp; 37767547 | &nbsp;&nbsp; — | &nbsp;&nbsp; 40160111 |
| Italy | &nbsp;&nbsp; 625437 | &nbsp;&nbsp; 111530248 | &nbsp;&nbsp; — | &nbsp;&nbsp; 112155685 |
| Japan | &nbsp;&nbsp; 2186224 | &nbsp;&nbsp; 700491955 | &nbsp;&nbsp; — | &nbsp;&nbsp; 702678179 |
| Kuwait | &nbsp;&nbsp; — | &nbsp;&nbsp; 12239126 | &nbsp;&nbsp; 10401 | &nbsp;&nbsp; 12249527 |
| Malaysia | &nbsp;&nbsp; — | &nbsp;&nbsp; 21544527 | &nbsp;&nbsp; 25 | &nbsp;&nbsp; 21544552 |
| Mexico | &nbsp;&nbsp; 29129953 | &nbsp;&nbsp; 148534 | &nbsp;&nbsp; — | &nbsp;&nbsp; 29278487 |
| Netherlands | &nbsp;&nbsp; 25428086 | &nbsp;&nbsp; 86751612 | &nbsp;&nbsp; — | &nbsp;&nbsp; 112179698 |
| New Zealand | &nbsp;&nbsp; — | &nbsp;&nbsp; 8938354 | &nbsp;&nbsp; — | &nbsp;&nbsp; 8938354 |
| Norway | &nbsp;&nbsp; 47165 | &nbsp;&nbsp; 23101680 | &nbsp;&nbsp; — | &nbsp;&nbsp; 23148845 |
| Peru | &nbsp;&nbsp; 613140 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 613140 |
| Philippines | &nbsp;&nbsp; 16260 | &nbsp;&nbsp; 7179188 | &nbsp;&nbsp; 1421 | &nbsp;&nbsp; 7196869 |
| Poland | &nbsp;&nbsp; — | &nbsp;&nbsp; 19938752 | &nbsp;&nbsp; — | &nbsp;&nbsp; 19938752 |
| Portugal | &nbsp;&nbsp; — | &nbsp;&nbsp; 11132116 | &nbsp;&nbsp; — | &nbsp;&nbsp; 11132116 |
| Qatar | &nbsp;&nbsp; — | &nbsp;&nbsp; 9965707 | &nbsp;&nbsp; — | &nbsp;&nbsp; 9965707 |
| Saudi Arabia | &nbsp;&nbsp; 26831 | &nbsp;&nbsp; 40954989 | &nbsp;&nbsp; — | &nbsp;&nbsp; 40981820 |
| Singapore | &nbsp;&nbsp; — | &nbsp;&nbsp; 38370640 | &nbsp;&nbsp; — | &nbsp;&nbsp; 38370640 |
| South Africa | &nbsp;&nbsp; 5787410 | &nbsp;&nbsp; 44798526 | &nbsp;&nbsp; — | &nbsp;&nbsp; 50585936 |
| South Korea | &nbsp;&nbsp; 416726 | &nbsp;&nbsp; 188917291 | &nbsp;&nbsp; 51589 | &nbsp;&nbsp; 189385606 |
| Spain | &nbsp;&nbsp; 434778 | &nbsp;&nbsp; 94657408 | &nbsp;&nbsp; — | &nbsp;&nbsp; 95092186 |
| Sweden | &nbsp;&nbsp; 24638 | &nbsp;&nbsp; 88223030 | &nbsp;&nbsp; — | &nbsp;&nbsp; 88247668 |
| Switzerland | &nbsp;&nbsp; 23748361 | &nbsp;&nbsp; 216711946 | &nbsp;&nbsp; — | &nbsp;&nbsp; 240460307 |
| Taiwan | &nbsp;&nbsp; 31248372 | &nbsp;&nbsp; 280688174 | &nbsp;&nbsp; 4408 | &nbsp;&nbsp; 311940954 |
| Thailand | &nbsp;&nbsp; 105269 | &nbsp;&nbsp; 17734057 | &nbsp;&nbsp; — | &nbsp;&nbsp; 17839326 |
| Turkey | &nbsp;&nbsp; — | &nbsp;&nbsp; 8103789 | &nbsp;&nbsp; — | &nbsp;&nbsp; 8103789 |
| United Arab Emirates | &nbsp;&nbsp; — | &nbsp;&nbsp; 26258192 | &nbsp;&nbsp; — | &nbsp;&nbsp; 26258192 |
| United Kingdom | &nbsp;&nbsp; 83953380 | &nbsp;&nbsp; 284268229 | &nbsp;&nbsp; 1816 | &nbsp;&nbsp; 368223425 |
| United States | &nbsp;&nbsp; 3376516 | &nbsp;&nbsp; 2513934 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5890450 |
| Preferred Stocks |  |  |  |  |
| Brazil | &nbsp;&nbsp; 8619095 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 8619095 |
| Chile | &nbsp;&nbsp; — | &nbsp;&nbsp; 215026 | &nbsp;&nbsp; — | &nbsp;&nbsp; 215026 |
| Colombia | &nbsp;&nbsp; 251671 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 251671 |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 10375370 | &nbsp;&nbsp; — | &nbsp;&nbsp; 10375370 |
| India | &nbsp;&nbsp; — | &nbsp;&nbsp; 21472 | &nbsp;&nbsp; — | &nbsp;&nbsp; 21472 |
| Philippines | &nbsp;&nbsp; — | &nbsp;&nbsp; 30901 | &nbsp;&nbsp; — | &nbsp;&nbsp; 30901 |
| Rights/Warrants |  |  |  |  |
| Australia | &nbsp;&nbsp; — | &nbsp;&nbsp; 314 | &nbsp;&nbsp; — | &nbsp;&nbsp; 314 |
| Brazil | &nbsp;&nbsp; — | &nbsp;&nbsp; 388 | &nbsp;&nbsp; — | &nbsp;&nbsp; 388 |
| Canada | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 5996 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5996 |
| Italy | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Norway | &nbsp;&nbsp; — | &nbsp;&nbsp; 4492 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4492 |
| Spain | &nbsp;&nbsp; — | &nbsp;&nbsp; 34782 | &nbsp;&nbsp; — | &nbsp;&nbsp; 34782 |
| Switzerland | &nbsp;&nbsp; — | &nbsp;&nbsp; 199 | &nbsp;&nbsp; — | &nbsp;&nbsp; 199 |
| Taiwan | &nbsp;&nbsp; — | &nbsp;&nbsp; 750 | &nbsp;&nbsp; — | &nbsp;&nbsp; 750 |

---

------

**World ex U.S. Core Equity Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Thailand | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; $139195439 | &nbsp;&nbsp; — | &nbsp;&nbsp; $139195439 |
| Total Investments in Securities | &nbsp;&nbsp; $688289532 | &nbsp;&nbsp; $4117949181 | &nbsp;&nbsp; $163,400˂˃ | &nbsp;&nbsp; $4806402113 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; $735268 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 735268 |
| Total Financial Instruments | &nbsp;&nbsp; $735268 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $735268 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**World ex U.S. Targeted Value Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (97.4%) | COMMON STOCKS — (97.4%) | COMMON STOCKS — (97.4%) | COMMON STOCKS — (97.4%) |
| AUSTRALIA — (4.2%) | AUSTRALIA — (4.2%) | AUSTRALIA — (4.2%) | AUSTRALIA — (4.2%) |
|  | Accent Group Ltd. | 50887 | $42602 |
| # | Adairs Ltd. | 39624 | 52596 |
| \* | AIC Mines Ltd. | 66335 | 20810 |
| #\* | Ainsworth Game <br> Technology Ltd.<br>| 37289 | 24897 |
| \* | Alkane Resources <br> Ltd.<br>| 234680 | 152115 |
|  | Alliance Aviation <br> Services Ltd.<br>| 17216 | 28499 |
| \* | AMA Group Ltd. | 648392 | 38976 |
|  | Amotiv Ltd. | 33947 | 197745 |
|  | AMP Ltd. | 562752 | 656563 |
| #\* | Amplitude Energy <br> Ltd.<br>| 1262807 | 198328 |
| # | Ampol Ltd. | 18543 | 372522 |
|  | Ansell Ltd. | 37962 | 906919 |
| #\* | Appen Ltd. | 5840 | 2947 |
| # | ARN Media Ltd. | 46336 | 16013 |
|  | AUB Group Ltd. | 8907 | 215152 |
| \* | Aurelia Metals Ltd. | 386915 | 62011 |
|  | Aurizon Holdings Ltd. | 358136 | 803475 |
|  | Aussie Broadband <br> Ltd.<br>| 46808 | 182104 |
| \* | Austal Ltd. | 116886 | 518290 |
|  | Austin Engineering <br> Ltd.<br>| 125433 | 21718 |
| #\* | Australian Agricultural <br> Co. Ltd.<br>| 81301 | 76089 |
| \* | Baby Bunting Group <br> Ltd.<br>| 10539 | 18871 |
|  | Bank of Queensland <br> Ltd.<br>| 128317 | 575746 |
|  | Bapcor Ltd. | 38261 | 63199 |
| \* | BCI Minerals Ltd. | 278709 | 70234 |
|  | Beach Energy Ltd. | 429175 | 348720 |
| \* | Beacon Minerals Ltd. | 14099 | 23098 |
|  | Bega Cheese Ltd. | 86735 | 301036 |
|  | Bell Financial Group <br> Ltd.<br>| 35130 | 29072 |
| \* | Bellevue Gold Ltd. | 208306 | 159729 |
|  | Bendigo & Adelaide <br> Bank Ltd.<br>| 140584 | 1162907 |
|  | BlueScope Steel Ltd. | 105930 | 1584834 |
|  | Capral Ltd. | 4333 | 32004 |
|  | Cedar Woods <br> Properties Ltd.<br>| 19782 | 116930 |
|  | Challenger Ltd. | 95914 | 583823 |
| # | Champion Iron Ltd. | 69827 | 252529 |
|  | Civmec Australia Ltd. | 27600 | 24345 |
|  | Cleanaway Waste <br> Management Ltd.<br>| 237943 | 396660 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Clinuvel <br> Pharmaceuticals <br> Ltd.<br>| 6806 | $51151 |
| \* | Coast Entertainment <br> Holdings Ltd.<br>| 58031 | 17100 |
|  | Collins Foods Ltd. | 1573 | 11002 |
| # | Corporate Travel <br> Management Ltd.<br>| 23832 | 250584 |
|  | Downer EDI Ltd. | 182509 | 921857 |
|  | Dyno Nobel Ltd. | 86374 | 181763 |
| # | Eagers Automotive <br> Ltd.<br>| 2678 | 59594 |
| \*†† | Elanor Investor Group | 28014 | 2823 |
| # | Elders Ltd. | 54225 | 251495 |
| \* | Emeco Holdings Ltd. | 52156 | 40910 |
| #\* | EML Payments Ltd. | 49860 | 31473 |
|  | Endeavour Group <br> Ltd.<br>| 236929 | 566842 |
|  | EQT Holdings Ltd. | 6533 | 107212 |
|  | Eureka Group <br> Holdings Ltd. (EGH <br> AU)<br>| 59856 | 20732 |
|  | Euroz Hartleys Group <br> Ltd.<br>| 33893 | 22397 |
|  | Evolution Mining Ltd. | 26485 | 187423 |
|  | EVT Ltd. | 7331 | 69268 |
|  | Fenix Resources Ltd. | 55372 | 19018 |
|  | Finbar Group Ltd. | 36407 | 20606 |
| \* | FleetPartners Group <br> Ltd.<br>| 87968 | 168052 |
|  | Fleetwood Ltd. | 26550 | 51234 |
| # | Flight Centre Travel <br> Group Ltd.<br>| 20673 | 166305 |
|  | G8 Education Ltd. | 259945 | 136814 |
|  | GrainCorp Ltd., <br> Class A<br>| 64503 | 373087 |
|  | GWA Group Ltd. | 51348 | 82961 |
|  | Harvey Norman <br> Holdings Ltd.<br>| 166956 | 789050 |
|  | Healius Ltd. | 319717 | 186089 |
|  | Helia Group Ltd. | 111378 | 392828 |
|  | Horizon Oil Ltd. | 246669 | 33101 |
| \* | IGO Ltd. | 120347 | 421986 |
|  | Iluka Resources Ltd. | 81104 | 366685 |
| \* | Insignia Financial Ltd. | 214014 | 634331 |
| # | Integral Diagnostics <br> Ltd.<br>| 42686 | 72188 |
| # | IPH Ltd. | 39302 | 94765 |
|  | IVE Group Ltd. | 53279 | 97140 |
| \* | Judo Capital Holdings <br> Ltd.<br>| 112230 | 123883 |
|  | Jupiter Mines Ltd. | 345508 | 58745 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Karoon Energy Ltd. | 145688 | $153335 |
|  | Kelsian Group Ltd. | 18581 | 59157 |
| # | L1 Group Ltd. | 74430 | 54990 |
|  | Lifestyle Communities <br> Ltd.<br>| 6737 | 22801 |
|  | Lindsay Australia Ltd. | 46215 | 18279 |
| # | Maas Group Holdings <br> Ltd.<br>| 22369 | 69405 |
|  | Macmahon Holdings <br> Ltd.<br>| 268775 | 82534 |
|  | Magellan Financial <br> Group Ltd.<br>| 31742 | 199510 |
|  | Maxiparts Ltd. | 15650 | 25080 |
| \* | Mayne Pharma Group <br> Ltd.<br>| 14881 | 41334 |
| \* | McPherson's Ltd. | 30963 | 5168 |
|  | Metcash Ltd. | 161382 | 401990 |
| \* | Michael Hill <br> International Ltd. <br> (MHJ AU)<br>| 11899 | 2647 |
| \* | Michael Hill <br> International Ltd. <br> (MHJ NZ)<br>| 12726 | 2915 |
| # | Monash IVF Group <br> Ltd.<br>| 40926 | 18495 |
|  | MotorCycle Holdings <br> Ltd.<br>| 6324 | 15584 |
| #\* | Mount Gibson Iron <br> Ltd.<br>| 222928 | 52491 |
| # | Myer Holdings Ltd. | 186448 | 48127 |
|  | MyState Ltd. | 26058 | 75800 |
| # | New Hope Corp. Ltd. | 117511 | 318924 |
| \* | NEXTDC Ltd. | 8551 | 87912 |
|  | Nickel Industries Ltd. | 301789 | 145776 |
|  | Nine Entertainment <br> Co. Holdings Ltd.<br>| 267113 | 202668 |
|  | NRW Holdings Ltd. | 97031 | 307435 |
| \* | Nufarm Ltd. | 27679 | 37642 |
| #\* | OFX Group Ltd. | 33221 | 13392 |
|  | OM Holdings Ltd. | 28351 | 4727 |
| \* | Omni Bridgeway Ltd. | 49632 | 51752 |
|  | oOh!media Ltd. | 128698 | 115698 |
|  | Orica Ltd. | 37820 | 549916 |
|  | Orora Ltd. | 142662 | 187660 |
| #\* | Paragon Care Ltd. | 97452 | 20413 |
|  | Peet Ltd. | 121341 | 151766 |
|  | Perenti Ltd. | 256008 | 453428 |
|  | Perpetual Ltd. | 18059 | 226524 |
|  | Perseus Mining Ltd. | 369302 | 1172153 |
| \* | PEXA Group Ltd. | 24814 | 245691 |
|  | Premier Investments <br> Ltd.<br>| 360 | 4191 |
| # | Propel Funeral <br> Partners Ltd.<br>| 11552 | 37898 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Qube Holdings Ltd. | 131256 | $376171 |
|  | Ramelius Resources <br> Ltd.<br>| 409452 | 885804 |
| # | Ramsay Health Care <br> Ltd.<br>| 24230 | 508346 |
| \*†† | Regional Express <br> Holdings Ltd.<br>| 9110 | 656 |
|  | Regis Resources Ltd. | 123246 | 517387 |
|  | Reliance Worldwide <br> Corp. Ltd.<br>| 169433 | 459422 |
| \* | Resolute Mining Ltd. | 673288 | 419053 |
|  | Ridley Corp. Ltd. | 28024 | 54284 |
| \* | Sandfire Resources <br> Ltd.<br>| 135121 | 1431135 |
| \* | Select Harvests Ltd. | 30514 | 77562 |
|  | Service Stream Ltd. | 186607 | 276841 |
|  | Shaver Shop Group <br> Ltd.<br>| 17609 | 16254 |
|  | Sims Ltd. (SGM AU) | 29519 | 307939 |
|  | Sonic Healthcare Ltd. | 25518 | 353184 |
|  | Southern Cross <br> Electrical <br> Engineering Ltd.<br>| 38384 | 61707 |
| \*†† | SpeedCast <br> International Ltd.<br>| 40831 | 0 |
|  | Stanmore Resources <br> Ltd.<br>| 74827 | 105164 |
|  | Super Retail Group <br> Ltd.<br>| 12069 | 126137 |
| \* | Superloop Ltd. | 97815 | 199560 |
|  | Tabcorp Holdings Ltd. | 712684 | 495238 |
|  | Ten Sixty Four Ltd. | 76973 | 5540 |
|  | TPG Telecom Ltd. | 88578 | 320414 |
| # | Treasury Wine <br> Estates Ltd.<br>| 133718 | 523760 |
| #\* | Tyro Payments Ltd. | 113726 | 82536 |
| \* | Vault Minerals Ltd. | 899872 | 427811 |
| Ω | Viva Energy Group <br> Ltd.<br>| 151911 | 182344 |
|  | Washington H Soul <br> Pattinson & Co. <br> Ltd.<br>| 17924 | 440415 |
| #\* | Webjet Group Ltd. | 82773 | 45463 |
| \* | West African <br> Resources Ltd.<br>| 311032 | 256897 |
|  | Westgold Resources <br> Ltd.<br>| 148073 | 513192 |
| # | Whitehaven Coal Ltd. | 210315 | 988502 |
|  | Worley Ltd. | 95634 | 893125 |
|  | Yancoal Australia Ltd. | 89948 | 327279 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 34780932 |
| AUSTRIA — (0.7%) | AUSTRIA — (0.7%) | AUSTRIA — (0.7%) | AUSTRIA — (0.7%) |
| \* | Addiko Bank AG | 2488 | 60445 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) |
|  | Agrana Beteiligungs <br> AG<br>| 3562 | $49455 |
| Ω | BAWAG Group AG | 6756 | 873086 |
|  | Erste Group Bank AG | 3600 | 372920 |
|  | EVN AG | 3436 | 100269 |
| \* | Lenzing AG | 1150 | 34402 |
|  | Mayr Melnhof Karton <br> AG<br>| 919 | 83742 |
|  | OMV AG | 18402 | 1007438 |
|  | Palfinger AG | 1142 | 42781 |
|  | Porr AG | 4003 | 127045 |
|  | Raiffeisen Bank <br> International AG<br>| 30433 | 1134548 |
| # | SBO AG | 662 | 21947 |
|  | Strabag SE (STR AV) | 1617 | 126487 |
|  | Telekom Austria AG | 13178 | 140146 |
|  | UNIQA Insurance <br> Group AG<br>| 17818 | 261771 |
|  | Vienna Insurance <br> Group AG Wiener <br> Versicherung <br> Gruppe<br>| 7088 | 363557 |
|  | voestalpine AG | 22402 | 797646 |
|  | Wienerberger AG | 4312 | 128000 |
| TOTAL AUSTRIA | TOTAL AUSTRIA |  | 5725685 |
| BELGIUM — (1.0%) | BELGIUM — (1.0%) | BELGIUM — (1.0%) | BELGIUM — (1.0%) |
|  | Ackermans & van <br> Haaren NV<br>| 6826 | 1699999 |
|  | Ageas SA | 43696 | 2891783 |
|  | Azelis Group NV | 10171 | 120269 |
|  | Bekaert SA | 10897 | 455198 |
| \* | bpost SA | 13612 | 33025 |
|  | Cie <br> d'Entreprises CFE<br>| 2176 | 22461 |
|  | CMB Tech NV | 14666 | 137550 |
|  | Colruyt Group NV | 9850 | 367858 |
|  | Deceuninck NV | 17296 | 41168 |
|  | Deme Group NV | 1450 | 219076 |
|  | Econocom Group SA <br> NV<br>| 19313 | 38071 |
|  | Jensen-Group NV | 248 | 17891 |
| #\* | Ontex Group NV | 29953 | 218956 |
|  | Proximus SADP | 25992 | 223265 |
|  | Sipef NV | 1661 | 149353 |
|  | Solvay SA | 8361 | 256622 |
|  | Syensqo SA | 10559 | 871606 |
|  | Tessenderlo Group <br> SA<br>| 3696 | 111640 |
|  | VGP NV | 2846 | 328787 |
|  | Viohalco SA | 1948 | 19087 |
| TOTAL BELGIUM | TOTAL BELGIUM |  | 8223665 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (0.8%) | BRAZIL — (0.8%) | BRAZIL — (0.8%) | BRAZIL — (0.8%) |
|  | Anima Holding SA | 78300 | $51376 |
|  | Bemobi Mobile Tech <br> SA<br>| 9900 | 43152 |
| \* | Blau Farmaceutica <br> SA<br>| 4000 | 9948 |
| \* | Brava Energia | 14723 | 40393 |
|  | Brisanet Servicos de <br> Telecomunicacoes <br> SA<br>| 14200 | 7839 |
|  | C&A Modas SA | 27200 | 82157 |
|  | Camil Alimentos SA | 26300 | 26789 |
| \* | Cia Brasileira de <br> Aluminio<br>| 46700 | 45051 |
| \* | Cia Brasileira de <br> Distribuicao<br>| 43863 | 30655 |
|  | Cia Siderurgica <br> Nacional SA <br> (CSNA3 BZ)<br>| 75831 | 133058 |
|  | Cogna Educacao SA | 328500 | 228365 |
| \* | Cosan SA | 20500 | 23434 |
|  | Cruzeiro do Sul <br> Educacional SA<br>| 40965 | 44392 |
|  | CSU Digital SA | 11000 | 36497 |
|  | Cyrela Brazil Realty <br> SA <br> Empreendimentos e <br> Participacoes<br>| 41318 | 234010 |
| Ω | Desktop SA | 21000 | 59722 |
|  | Dexco SA | 65759 | 65515 |
|  | Dimed SA <br> Distribuidora da <br> Medicamentos<br>| 20367 | 35548 |
|  | Embraer SA (EMBR3 <br> BZ)<br>| 24126 | 390100 |
|  | Empreendimentos <br> Pague Menos SA<br>| 42953 | 31137 |
|  | Even Construtora e <br> Incorporadora SA<br>| 18597 | 25753 |
|  | Ez Tec <br> Empreendimentos e <br> Participacoes SA<br>| 16235 | 55978 |
|  | Fleury SA | 28500 | 77078 |
| # | Gerdau SA, <br> Sponsored ADR<br>| 120683 | 421183 |
|  | Grendene SA | 36629 | 35812 |
|  | Grupo Mateus SA | 23800 | 28489 |
|  | Grupo SBF SA | 30100 | 72230 |
|  | Guararapes <br> Confeccoes SA<br>| 17200 | 32386 |
| \*Ω | Hapvida Participacoes <br> e Investimentos SA<br>| 35106 | 204113 |
|  | Hypera SA | 55100 | 264646 |
|  | Iochpe Maxion SA | 15800 | 32158 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Irani Papel e <br> Embalagem SA<br>| 9300 | $15419 |
| \* | IRB-Brasil Resseguros <br> SA<br>| 16589 | 152138 |
| \* | Jalles Machado SA | 14200 | 7232 |
|  | JHSF Participacoes <br> SA<br>| 58376 | 71506 |
|  | JSL SA | 17000 | 17063 |
|  | Lavvi <br> Empreendimentos <br> Imobiliarios SA<br>| 19500 | 54187 |
|  | Localiza Rent a Car <br> SA<br>| 59410 | 435530 |
|  | Lojas Renner SA | 122186 | 337037 |
| Ω | LWSA SA | 45825 | 33304 |
|  | M Dias Branco SA | 8800 | 47959 |
|  | Magazine Luiza SA | 36800 | 57937 |
|  | Melnick Even <br> Desenvolvimento <br> Imobiliario SA<br>| 13300 | 9716 |
|  | Mills Locacao <br> Servicos e Logistica <br> SA<br>| 12800 | 31049 |
|  | Moura Dubeux <br> Engenharia SA<br>| 11800 | 60646 |
|  | Movida Participacoes <br> SA<br>| 19276 | 29344 |
| \* | MRV Engenharia e <br> Participacoes SA<br>| 74300 | 104408 |
| \* | Natura Cosmeticos <br> SA<br>| 101278 | 169614 |
| \* | Oceanpact Servicos <br> Maritimos SA<br>| 15100 | 21303 |
|  | Pet Center Comercio <br> e Participacoes SA<br>| 36500 | 25238 |
|  | Petroreconcavo SA | 21266 | 49094 |
| \* | PRIO SA | 52927 | 354457 |
|  | Qualicorp Consultoria <br> e Corretora de <br> Seguros SA<br>| 41500 | 20904 |
|  | Romi SA | 9887 | 14959 |
|  | Sao Martinho SA | 32600 | 85076 |
| Ω | Ser Educacional SA | 32700 | 61875 |
|  | Simpar SA | 42900 | 36840 |
|  | SLC Agricola SA | 13400 | 40225 |
|  | Tres Tentos <br> Agroindustrial SA<br>| 5000 | 14879 |
|  | Trisul SA | 16000 | 22721 |
|  | Ultrapar Participacoes <br> SA (UGPA3 BZ)<br>| 77238 | 307376 |
|  | Unifique <br> Telecomunicacoes <br> SA<br>| 14500 | 12991 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Valid Solucoes e <br> Servicos de <br> Seguranca em <br> Meios de <br> Pagamento e <br> Identificacao SA<br>| 9600 | $39525 |
|  | Vamos Locacao de <br> Caminhoes <br> Maquinas e <br> Equipamentos SA<br>| 75437 | 45431 |
|  | Vibra Energia SA | 126430 | 559305 |
|  | YDUQS Participacoes <br> SA<br>| 36471 | 96330 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 6311582 |
| CANADA — (8.8%) | CANADA — (8.8%) | CANADA — (8.8%) | CANADA — (8.8%) |
|  | ADENTRA, Inc. | 5060 | 126883 |
|  | ADF Group, Inc. | 1386 | 7131 |
| #\* | Advantage Energy <br> Ltd.<br>| 75400 | 598340 |
|  | Aecon Group, Inc. | 14709 | 324268 |
|  | AG Growth <br> International, Inc.<br>| 1700 | 43732 |
|  | AGF Management <br> Ltd., Class B<br>| 15500 | 154497 |
| \* | Air Canada | 7800 | 102550 |
|  | Alamos Gold, Inc. <br> (AGI CN), Class A<br>| 362 | 11160 |
|  | Alaris Equity Partners <br> Income<br>| 7900 | 110286 |
|  | Algoma Central Corp. | 3700 | 45902 |
|  | AltaGas Ltd. | 73260 | 2150450 |
|  | Altius Minerals Corp. | 4849 | 131238 |
|  | Amerigo Resources <br> Ltd.<br>| 35600 | 77670 |
|  | ARC Resources Ltd. | 155102 | 2860851 |
| \* | Athabasca Oil Corp. | 108571 | 533353 |
|  | AtkinsRealis Group, <br> Inc.<br>| 3728 | 262904 |
| #\* | ATS Corp. (ATS US) | 3664 | 100613 |
| \* | AutoCanada, Inc. | 3000 | 54094 |
|  | B2Gold Corp. (BTG <br> US)<br>| 253374 | 1112312 |
| # | B2Gold Corp. (BTO <br> CN)<br>| 24417 | 106891 |
| # | Baytex Energy Corp. | 92659 | 223959 |
|  | Birchcliff Energy Ltd. | 44387 | 206974 |
|  | Bird Construction, <br> Inc.<br>| 159 | 3415 |
|  | Black Diamond Group <br> Ltd.<br>| 11000 | 117251 |
| # | Boralex, Inc., Class A | 17614 | 353649 |
| \* | CAE, Inc. (CAE US) | 17108 | 480050 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Calian Group Ltd. | 1707 | $61462 |
|  | Canaccord Genuity <br> Group, Inc.<br>| 16800 | 140863 |
| \* | Canacol Energy Ltd. | 6190 | 9974 |
| \* | Canada Packers, Inc. | 2698 | 32182 |
|  | Canadian Tire Corp. <br> Ltd., Class A<br>| 9731 | 1115990 |
| #\* | Canfor Corp. | 22924 | 199893 |
| \* | Capstone Copper <br> Corp.<br>| 63218 | 564322 |
|  | Cardinal Energy Ltd. | 36370 | 206932 |
|  | Cascades, Inc. | 36006 | 285214 |
|  | CCL Industries, Inc., <br> Class B<br>| 13293 | 741538 |
| \* | Celestica, Inc. (CLS <br> CN)<br>| 64 | 22034 |
|  | Centerra Gold, Inc. | 11300 | 132372 |
|  | CES Energy Solutions <br> Corp.<br>| 67935 | 465477 |
| \* | Cipher <br> Pharmaceuticals, <br> Inc.<br>| 2347 | 24766 |
|  | Cogeco <br> Communications, <br> Inc.<br>| 3001 | 136640 |
|  | Cogeco, Inc. | 13477 | 563371 |
| \* | Conifex Timber, Inc. | 8294 | 1390 |
| #\* | Cronos Group, Inc. <br> (CRON CN)<br>| 21600 | 54364 |
| \* | Cronos Group, Inc. <br> (CRON US)<br>| 23244 | 58342 |
|  | Definity Financial <br> Corp.<br>| 18390 | 855547 |
|  | dentalcorp Holdings <br> Ltd.<br>| 7621 | 59227 |
|  | Dexterra Group, Inc. | 4400 | 33379 |
|  | Doman Building <br> Materials Group <br> Ltd.<br>| 18957 | 120023 |
|  | DPM Metals, Inc. | 59238 | 1267078 |
|  | DREAM Unlimited <br> Corp., Class A<br>| 5700 | 75550 |
| # | Dye & Durham Ltd. | 1610 | 5912 |
|  | Dynacor Group, Inc. | 10400 | 33664 |
|  | E-L Financial Corp. <br> Ltd.<br>| 41400 | 479957 |
| \* | Eldorado Gold Corp. <br> (EGO US)<br>| 19507 | 500159 |
| \* | Eldorado Gold Corp. <br> (ELD CN)<br>| 40242 | 1031489 |
|  | Empire Co. Ltd., <br> Class A<br>| 29278 | 994686 |
|  | Endeavour Mining <br> PLC<br>| 24336 | 974979 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| \* | Endeavour Silver <br> Corp. (EXK US)<br>| 31 | $254 |
|  | Enerflex Ltd. (EFX <br> CN)<br>| 40826 | 513763 |
|  | Enghouse Systems <br> Ltd.<br>| 3931 | 58325 |
| \* | Ensign Energy <br> Services, Inc.<br>| 60488 | 110837 |
|  | EQB, Inc. | 6065 | 386892 |
| #\* | Equinox Gold Corp. <br> (EQX CN)<br>| 19913 | 218792 |
| #\* | Equinox Gold Corp. <br> (EQX US)<br>| 47407 | 520055 |
| \* | ERO Copper Corp. <br> (ERO US)<br>| 20077 | 428644 |
|  | Exchange Income <br> Corp.<br>| 3833 | 209994 |
|  | Exco Technologies <br> Ltd.<br>| 7000 | 32641 |
|  | Finning International, <br> Inc.<br>| 23789 | 1286511 |
| # | First Majestic Silver <br> Corp. (AG US)<br>| 41840 | 534297 |
|  | First Majestic Silver <br> Corp. (FR CN)<br>| 14361 | 183589 |
| \* | First Quantum <br> Minerals Ltd.<br>| 77608 | 1611312 |
| #\* | Fortuna Mining Corp. <br> (FSM US)<br>| 85224 | 704802 |
| \* | Fortuna Mining Corp. <br> (FVI CN)<br>| 80 | 661 |
|  | Frontera Energy <br> Corp.<br>| 7501 | 29896 |
| \* | Galiano Gold, Inc. | 46170 | 110607 |
|  | Gamehost, Inc. | 1600 | 13416 |
| \* | GDI Integrated Facility <br> Services, Inc.<br>| 2229 | 46883 |
| \* | GoGold Resources, <br> Inc.<br>| 37647 | 68715 |
|  | Headwater <br> Exploration, Inc.<br>| 29100 | 153535 |
|  | High Liner Foods, <br> Inc.<br>| 6800 | 82227 |
|  | Hudbay Minerals, Inc. <br> (HBM CN)<br>| 80845 | 1295775 |
|  | Hudbay Minerals, Inc. <br> (HBM US)<br>| 2760 | 44160 |
|  | iA Financial Corp., <br> Inc.<br>| 24244 | 2861814 |
| \* | IAMGOLD Corp. (IAG <br> US)<br>| 63068 | 730327 |
| \* | IAMGOLD Corp. (IMG <br> CN)<br>| 62872 | 727989 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| \* | Interfor Corp. | 4101 | $23129 |
|  | K-Bro Linen, Inc. | 1900 | 51004 |
| \* | Kelt Exploration Ltd. | 39690 | 188751 |
|  | Kinross Gold Corp. (K <br> CN)<br>| 157200 | 3656101 |
|  | Kinross Gold Corp. <br> (KGC US)<br>| 154318 | 3586350 |
| \* | Knight Therapeutics, <br> Inc.<br>| 18099 | 75361 |
| \* | Kolibri Global Energy, <br> Inc.<br>| 2926 | 12642 |
|  | Lassonde Industries, <br> Inc., Class A<br>| 1100 | 171264 |
|  | Laurentian Bank of <br> Canada<br>| 9096 | 215962 |
|  | Leon's Furniture Ltd. | 8521 | 177461 |
| \* | Lightspeed <br> Commerce, Inc. <br> (LSPD US)<br>| 15584 | 187008 |
| \*†† | Lightstream <br> Resources Ltd.<br>| 32000 | 0 |
|  | Linamar Corp. | 11084 | 600214 |
| \* | Lucara Diamond <br> Corp.<br>| 96116 | 12335 |
|  | Lundin Mining Corp. | 177526 | 2855504 |
|  | Magellan Aerospace <br> Corp.<br>| 3497 | 42960 |
|  | Magna International, <br> Inc. (MGA US)<br>| 40666 | 1919842 |
| \* | Major Drilling Group <br> International, Inc.<br>| 14091 | 124077 |
|  | Maple Leaf Foods, <br> Inc.<br>| 13493 | 259364 |
|  | Martinrea <br> International, Inc.<br>| 21784 | 157181 |
| \* | Mattr Corp. | 14076 | 109794 |
|  | McCoy Global, Inc. | 4100 | 10290 |
| \* | MDA Space Ltd. | 22285 | 435039 |
|  | Medical Facilities <br> Corp.<br>| 3800 | 39150 |
|  | Melcor Developments <br> Ltd.<br>| 4500 | 47325 |
|  | Methanex Corp. <br> (MEOH US)<br>| 7013 | 275751 |
|  | Methanex Corp. (MX <br> CN)<br>| 6800 | 267627 |
|  | Metro, Inc. | 5097 | 339752 |
|  | MTY Food Group, <br> Inc.<br>| 2444 | 58968 |
|  | Mullen Group Ltd. | 11901 | 119642 |
|  | Neo Performance <br> Materials, Inc.<br>| 5581 | 76957 |
| \* | New Gold, Inc. (NGD <br> CN)<br>| 22 | 162 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | North American <br> Construction Group <br> Ltd. (NOA CN)<br>| 3100 | $48272 |
|  | North American <br> Construction Group <br> Ltd. (NOA US)<br>| 1700 | 26486 |
|  | North West Co., Inc. | 5700 | 184913 |
|  | Northland Power, Inc. | 53838 | 983828 |
| \* | NuVista Energy Ltd. | 51100 | 607713 |
| \* | Obsidian Energy Ltd. <br> (OBE US)<br>| 3875 | 21971 |
|  | OceanaGold Corp. | 93677 | 2095210 |
|  | Open Text Corp. <br> (OTEX CN)<br>| 800 | 30693 |
|  | Open Text Corp. <br> (OTEX US)<br>| 24606 | 943640 |
|  | OR Royalties, Inc. <br> (OR CN)<br>| 566 | 18160 |
|  | Pan American Silver <br> Corp. (PAAS CN)<br>| 52992 | 1866461 |
|  | Paramount Resources <br> Ltd., Class A<br>| 18572 | 304551 |
|  | Parex Resources, <br> Inc.<br>| 29536 | 377795 |
| # | Parkland Corp. | 33200 | 945900 |
|  | Pason Systems, Inc. | 11700 | 99686 |
|  | Petrus Resources <br> Ltd.<br>| 7000 | 8584 |
|  | Peyto Exploration & <br> Development Corp.<br>| 52912 | 770733 |
|  | PHX Energy Services <br> Corp.<br>| 11400 | 61936 |
|  | Pizza Pizza Royalty <br> Corp.<br>| 5000 | 55292 |
|  | Polaris Renewable <br> Energy, Inc.<br>| 3900 | 36204 |
|  | Pollard Banknote Ltd. | 1700 | 24557 |
| \* | Precision Drilling <br> Corp. (PDS US)<br>| 1935 | 115926 |
| # | Premium Brands <br> Holdings Corp.<br>| 7720 | 532262 |
|  | Richelieu Hardware <br> Ltd.<br>| 9200 | 252212 |
|  | Rogers Sugar, Inc. | 23630 | 104120 |
|  | Russel Metals, Inc. | 16034 | 496265 |
| \* | Sangoma <br> Technologies Corp.<br>| 2812 | 14776 |
|  | Saputo, Inc. | 45538 | 1100341 |
|  | Savaria Corp. | 7394 | 116033 |
|  | Secure Waste <br> Infrastructure Corp.<br>| 55844 | 697179 |
|  | Sienna Senior Living, <br> Inc.<br>| 4831 | 65927 |
|  | South Bow Corp. | 20509 | 531806 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
| \* | Spartan Delta Corp. | 9800 | $43880 |
| Ω | Spin Master Corp. | 1746 | 25931 |
| \* | SSR Mining, Inc. <br> (SSRM CN)<br>| 43130 | 975108 |
|  | Stella-Jones, Inc. | 4300 | 244072 |
| \*Ω | STEP Energy <br> Services Ltd.<br>| 9547 | 37234 |
|  | Superior Plus Corp. | 39100 | 222465 |
|  | Supremex, Inc. | 4400 | 11545 |
|  | Surge Energy, Inc. | 9700 | 45853 |
|  | Taiga Building <br> Products Ltd.<br>| 11800 | 29026 |
|  | Tamarack Valley <br> Energy Ltd.<br>| 134499 | 597432 |
| \* | Taseko Mines Ltd. <br> (TKO CN)<br>| 3812 | 17259 |
|  | TELUS Corp. | 416 | 6083 |
| \* | Torex Gold <br> Resources, Inc.<br>| 25846 | 1067710 |
|  | Total Energy Services, <br> Inc.<br>| 6901 | 69377 |
|  | Transcontinental, Inc., <br> Class A<br>| 22793 | 319984 |
|  | Trican Well Service <br> Ltd.<br>| 53175 | 199046 |
|  | Triple Flag Precious <br> Metals Corp. (TFPM <br> CN)<br>| 3500 | 97198 |
|  | Triple Flag Precious <br> Metals Corp. (TFPM <br> US)<br>| 854 | 23707 |
| \* | Trisura Group Ltd. <br> (TSU CN)<br>| 8006 | 220621 |
| \* | Valeura Energy, Inc. | 2110 | 10019 |
|  | Vermilion Energy, Inc. <br> (VET US)<br>| 36800 | 274896 |
|  | VersaBank (VBNK <br> CN)<br>| 3835 | 45772 |
| \*†† | Victoria Gold <br> Corp./Vancouver<br>| 259 | 17 |
|  | Wajax Corp. | 4107 | 72825 |
| \* | Well Health <br> Technologies Corp.<br>| 42331 | 158453 |
|  | West Fraser Timber <br> Co. Ltd. (WFG CN)<br>| 7750 | 472996 |
|  | Westshore Terminals <br> Investment Corp.<br>| 6600 | 121313 |
|  | Whitecap Resources, <br> Inc.<br>| 308255 | 2295037 |
|  | Winpak Ltd. | 7099 | 217746 |
| \*†† | Xebec Adsorption, <br> Inc.<br>| 18924 | 0 |
| TOTAL CANADA | TOTAL CANADA |  | 72074916 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHILE — (0.1%) | CHILE — (0.1%) | CHILE — (0.1%) | CHILE — (0.1%) |
|  | Banco Itau Chile SA | 3897 | $70757 |
| \* | CAP SA | 10189 | 68086 |
|  | Empresa Nacional de <br> Telecomunicaciones <br> SA<br>| 47111 | 224414 |
|  | Empresas CMPC SA | 83976 | 121275 |
|  | Ripley Corp. SA | 323786 | 157326 |
|  | Salfacorp SA | 78597 | 86327 |
|  | SONDA SA | 106548 | 38646 |
| TOTAL CHILE | TOTAL CHILE |  | 766831 |
| CHINA — (8.8%) | CHINA — (8.8%) | CHINA — (8.8%) | CHINA — (8.8%) |
|  | 361 Degrees <br> International Ltd.<br>| 59000 | 44625 |
| Ω | 3SBio, Inc. | 166500 | 662445 |
|  | 5I5J Holding Group <br> Co. Ltd., Class A<br>| 60500 | 24417 |
|  | AAC Technologies <br> Holdings, Inc.<br>| 144000 | 740217 |
|  | Accelink Technologies <br> Co. Ltd., Class A<br>| 4000 | 35345 |
|  | Advanced Technology <br> & Materials Co. <br> Ltd., Class A<br>| 12700 | 37933 |
| \* | Aerospace Hi-Tech <br> Holdings Group <br> Ltd., Class A<br>| 15800 | 42346 |
| Ω | AK Medical Holdings <br> Ltd.<br>| 32000 | 24201 |
|  | Allmed Medical <br> Products Co. Ltd., <br> Class A<br>| 8900 | 13627 |
|  | Aluminum Corp. of <br> China Ltd., Class H<br>| 412000 | 523865 |
| \* | Angang Steel Co. <br> Ltd., Class H<br>| 184000 | 48041 |
|  | Anhui Construction <br> Engineering Group <br> Co. Ltd., Class A<br>| 36100 | 24052 |
|  | Anhui Heli Co. Ltd., <br> Class A<br>| 14100 | 41297 |
|  | Anhui Hengyuan Coal <br> Industry & <br> Electricity Power <br> Co. Ltd., Class A<br>| 19500 | 19622 |
|  | Anhui Honglu Steel <br> Construction Group <br> Co. Ltd., Class A<br>| 11700 | 29779 |
|  | Anhui Huilong <br> Agricultural Means <br> of Production Co. <br> Ltd., Class A<br>| 13100 | 10617 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Anhui Jiangnan <br> Chemical Industry <br> Co. Ltd., Class A<br>| 30600 | $27583 |
|  | Anhui Kouzi Distillery <br> Co. Ltd., Class A<br>| 4800 | 21869 |
|  | Anhui Transport <br> Consulting & <br> Design Institute Co. <br> Ltd., Class A<br>| 15800 | 18952 |
| \* | Anhui Truchum <br> Advanced Materials <br> & Technology Co. <br> Ltd., Class A<br>| 26100 | 48913 |
|  | Anhui Zhongding <br> Sealing Parts Co. <br> Ltd., Class A<br>| 17400 | 56074 |
|  | Anjoy Foods Group <br> Co. Ltd., Class A<br>| 2500 | 25965 |
|  | Anton Oilfield Services <br> Group<br>| 504000 | 68164 |
|  | Aoshikang Technology <br> Co. Ltd., Class A<br>| 4500 | 24454 |
|  | Aotecar New Energy <br> Technology Group <br> Co. Ltd., Class A<br>| 56400 | 25228 |
|  | Arctech Solar Holding <br> Co. Ltd., Class A<br>| 3120 | 18789 |
| Ω | AsiaInfo Technologies <br> Ltd.<br>| 74000 | 85963 |
|  | Asian Star Anchor <br> Chain Co. Ltd. <br> Jiangsu, Class A<br>| 19400 | 28150 |
|  | Autobio Diagnostics <br> Co. Ltd., Class A<br>| 4100 | 22157 |
|  | AviChina Industry & <br> Technology Co. <br> Ltd., Class H<br>| 277000 | 141102 |
| \*Ω | BAIC Motor Corp. <br> Ltd., Class H<br>| 364000 | 94123 |
|  | Bank of Changsha <br> Co. Ltd., Class A<br>| 21500 | 28934 |
|  | Bank of Chongqing <br> Co. Ltd., Class H<br>| 132500 | 136743 |
| Ω | Bank of Qingdao Co. <br> Ltd., Class H<br>| 84000 | 46440 |
|  | Bank of Tianjin Co. <br> Ltd., Class H<br>| 33000 | 10788 |
|  | Bank of Xi'an Co. Ltd., <br> Class A<br>| 48800 | 26678 |
|  | Baoxiniao Holding Co. <br> Ltd., Class A<br>| 38600 | 21320 |
|  | Baoye Group Co. Ltd., <br> Class H<br>| 46000 | 24617 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | BBMG Corp., Class H | 274000 | $28905 |
|  | BBMG Jidong Cement <br> Group Co. Ltd., <br> Class A<br>| 38400 | 26015 |
|  | Beibuwan Port Co. <br> Ltd., Class A<br>| 34600 | 42609 |
|  | Beijing Capital <br> Eco-Environment <br> Protection Group <br> Co. Ltd., Class A<br>| 93900 | 42109 |
| \* | Beijing Capital <br> International Airport <br> Co. Ltd., Class H<br>| 332000 | 119163 |
|  | Beijing Dabeinong <br> Technology Group <br> Co. Ltd., Class A<br>| 36300 | 21011 |
|  | Beijing Easpring <br> Material Technology <br> Co. Ltd., Class A<br>| 5300 | 51425 |
|  | Beijing Enterprises <br> Holdings Ltd.<br>| 97500 | 427818 |
|  | Beijing Enterprises <br> Urban Resources <br> Group Ltd.<br>| 36000 | 1948 |
| # | Beijing Enterprises <br> Water Group Ltd.<br>| 860000 | 276413 |
|  | Beijing Fengjing <br> Automotive Parts <br> Co. Ltd.<br>| 40600 | 21817 |
|  | Beijing GeoEnviron <br> Engineering & <br> Technology, Inc., <br> Class A<br>| 32100 | 34045 |
| \* | Beijing Haixin Energy <br> Technology Co. <br> Ltd., Class A<br>| 46600 | 26786 |
|  | Beijing Haohua <br> Energy Resource <br> Co. Ltd., Class A<br>| 19000 | 20617 |
|  | Beijing Jetsen <br> Technology Co. <br> Ltd., Class A<br>| 40700 | 37922 |
| \* | Beijing Jingyuntong <br> Technology Co. <br> Ltd., Class A<br>| 39200 | 22591 |
| \* | Beijing Leike Defense <br> Technology Co. <br> Ltd., Class A<br>| 37100 | 28736 |
| \* | Beijing North Star Co. <br> Ltd., Class H<br>| 130000 | 14544 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Beijing Originwater <br> Technology Co. <br> Ltd., Class A<br>| 43954 | $26946 |
|  | Beijing Sanyuan <br> Foods Co. Ltd., <br> Class A<br>| 38300 | 26070 |
|  | Beijing Shunxin <br> Agriculture Co. Ltd., <br> Class A<br>| 10000 | 22030 |
|  | Beijing Sinnet <br> Technology Co. <br> Ltd., Class A<br>| 17200 | 32970 |
|  | Beijing SL <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 20800 | 22061 |
| \* | Beijing SPC <br> Environment <br> Protection Tech Co. <br> Ltd., Class A<br>| 14500 | 8153 |
|  | Beijing Strong <br> Biotechnologies, <br> Inc., Class A<br>| 11400 | 21894 |
| \* | Beijing Thunisoft <br> Corp. Ltd., Class A<br>| 21500 | 24211 |
|  | Beijing Tong Ren Tang <br> Chinese Medicine <br> Co. Ltd.<br>| 15000 | 16650 |
|  | Beijing United <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 7000 | 27960 |
| Ω | Beijing Urban <br> Construction Design <br> & Development <br> Group Co. Ltd., <br> Class H<br>| 49000 | 9070 |
|  | Beijing Wandong <br> Medical Technology <br> Co. Ltd., Class A<br>| 3200 | 7142 |
| \* | Beijing Watertek <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 38400 | 33141 |
|  | Beijing Yuanliu <br> Hongyuan <br> Electronic <br> Technology Co. <br> Ltd., Class A<br>| 5200 | 36846 |
| \* | Beiqi Foton Motor Co. <br> Ltd., Class A<br>| 104398 | 44043 |
| \* | Bengang Steel Plates <br> Co. Ltd., Class A<br>| 44600 | 22381 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Best Pacific <br> International <br> Holdings Ltd.<br>| 34000 | $14334 |
|  | Biem.L.Fdlkk Garment <br> Co. Ltd., Class A<br>| 8600 | 19323 |
|  | Binhai Investment Co. <br> Ltd.<br>| 55136 | 7778 |
| #Ω | Blue Moon Group <br> Holdings Ltd.<br>| 118000 | 45115 |
| \* | Blue Sail Medical Co. <br> Ltd., Class A<br>| 29200 | 22566 |
| Ω | BOC Aviation Ltd. | 44800 | 392703 |
| \* | BOE HC SemiTek <br> Corp.<br>| 33600 | 37619 |
| # | BOE Varitronix Ltd. | 61000 | 39078 |
| \* | Bohai Leasing Co. <br> Ltd., Class A<br>| 97100 | 48782 |
|  | Bright Dairy & Food <br> Co. Ltd., Class A<br>| 18300 | 21506 |
|  | Bros Eastern Co. Ltd., <br> Class A<br>| 31500 | 23656 |
| \* | B-Soft Co. Ltd., <br> Class A<br>| 46800 | 31261 |
|  | BTG Hotels Group <br> Co. Ltd., Class A<br>| 22100 | 45141 |
| \* | Business-intelligence <br> of Oriental Nations <br> Corp. Ltd., Class A<br>| 26500 | 39346 |
|  | BYD Electronic <br> International Co. <br> Ltd.<br>| 32000 | 150228 |
|  | By-health Co. Ltd., <br> Class A<br>| 13500 | 23811 |
|  | C&D International <br> Investment Group <br> Ltd.<br>| 115972 | 238201 |
|  | C&S Paper Co. Ltd., <br> Class A<br>| 24800 | 27776 |
| \*Ω | CALB Group Co. Ltd., <br> Class H<br>| 20500 | 88363 |
|  | Cangzhou Mingzhu <br> Plastic Co. Ltd., <br> Class A<br>| 51600 | 33823 |
|  | Canmax Technologies <br> Co. Ltd., Class A<br>| 9400 | 40164 |
|  | Canny Elevator Co. <br> Ltd., Class A<br>| 12200 | 12588 |
|  | CCCC Design & <br> Consulting Group <br> Co. Ltd., Class A<br>| 18800 | 20262 |
|  | CECEP Solar Energy <br> Co. Ltd., Class A<br>| 76900 | 50373 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | CECEP Wind-Power <br> Corp., Class A<br>| 68250 | $29648 |
|  | Central China New <br> Life Ltd.<br>| 13000 | 1535 |
|  | Central China <br> Securities Co. Ltd., <br> Class H<br>| 158000 | 52409 |
|  | CGN New Energy <br> Holdings Co. Ltd.<br>| 340000 | 120328 |
| \* | CGN Nuclear <br> Technology <br> Development Co. <br> Ltd., Class A<br>| 25400 | 28885 |
|  | Changchun Faway <br> Automobile <br> Components Co. <br> Ltd., Class A<br>| 19700 | 26085 |
|  | Changjiang & <br> Jinggong Steel <br> Building Group Co. <br> Ltd., Class A<br>| 48200 | 28858 |
|  | Chengdu Fusen <br> Noble-House <br> Industrial Co. Ltd., <br> Class A<br>| 10900 | 17398 |
|  | Chengdu Hongqi <br> Chain Co. Ltd., <br> Class A<br>| 27900 | 21578 |
|  | Chengdu Kanghong <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 8400 | 39965 |
|  | Chengdu Kanghua <br> Biological Products <br> Co. Ltd., Class A<br>| 2900 | 31438 |
|  | Chengdu Wintrue <br> Holding Co. Ltd., <br> Class A<br>| 22900 | 33603 |
|  | Chengtun Mining <br> Group Co. Ltd., <br> Class A<br>| 38000 | 59640 |
| \* | Chengxin Lithium <br> Group Co. Ltd., <br> Class A<br>| 14200 | 50894 |
|  | Chengzhi Co. Ltd., <br> Class A<br>| 20900 | 22499 |
|  | Chervon Holdings <br> Ltd.<br>| 21200 | 55010 |
| \* | China Aerospace <br> International <br> Holdings Ltd.<br>| 540000 | 39556 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Aircraft Leasing <br> Group Holdings <br> Ltd.<br>| 26717 | $15319 |
|  | China Animal <br> Husbandry Industry <br> Co. Ltd., Class A<br>| 24000 | 25927 |
| \*Ω | China Bohai Bank Co. <br> Ltd., Class H<br>| 466500 | 61202 |
|  | China CAMC <br> Engineering Co. <br> Ltd., Class A<br>| 29200 | 34945 |
| # | China Chunlai <br> Education Group <br> Co. Ltd.<br>| 40000 | 22437 |
| # | China Cinda Asset <br> Management Co. <br> Ltd., Class H<br>| 1471000 | 238441 |
|  | China Coal Energy <br> Co. Ltd., Class H<br>| 303000 | 426819 |
|  | China Coal Xinji <br> Energy Co. Ltd., <br> Class A<br>| 42500 | 43256 |
|  | China <br> Communications <br> Services Corp. Ltd., <br> Class H<br>| 476000 | 285273 |
|  | China Conch Venture <br> Holdings Ltd.<br>| 288500 | 360722 |
|  | China CYTS Tours <br> Holding Co. Ltd., <br> Class A<br>| 12000 | 16362 |
| Ω | China East Education <br> Holdings Ltd.<br>| 107000 | 89960 |
| \* | China Eastern Airlines <br> Corp. Ltd., Class H<br>| 166000 | 85256 |
|  | China Education <br> Group Holdings <br> Ltd.<br>| 173169 | 66447 |
|  | China Energy <br> Engineering Corp. <br> Ltd. (3996 HK), <br> Class H<br>| 942000 | 140526 |
|  | China Energy <br> Engineering Corp. <br> Ltd. (601868 C1), <br> Class A<br>| 142303 | 48210 |
|  | China Everbright Bank <br> Co. Ltd., Class H<br>| 307000 | 125946 |
|  | China Everbright <br> Water Ltd.<br>| 62444 | 12461 |
| Ω | China Feihe Ltd. | 585000 | 312221 |
|  | China Foods Ltd. | 162000 | 86475 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Galaxy <br> Securities Co. Ltd., <br> Class H<br>| 569500 | $819284 |
| # | China Gas Holdings <br> Ltd.<br>| 434966 | 447382 |
|  | China Gold <br> International <br> Resources Corp. <br> Ltd. (2099 HK)<br>| 48900 | 823131 |
|  | China Gold <br> International <br> Resources Corp. <br> Ltd. (CGG CN)<br>| 61049 | 1033770 |
|  | China Green <br> Electricity <br> Investment of <br> Tianjin Co. Ltd., <br> Class A<br>| 34100 | 41741 |
| #\* | China High Speed <br> Transmission <br> Equipment Group <br> Co. Ltd.<br>| 73000 | 16720 |
|  | China Hongqiao <br> Group Ltd.<br>| 432000 | 1640215 |
| †† | China Huiyuan Juice <br> Group Ltd.<br>| 110500 | 4986 |
| Ω | China International <br> Capital Corp. Ltd., <br> Class H<br>| 64000 | 174115 |
| # | China International <br> Marine Containers <br> Group Co. Ltd., <br> Class H<br>| 156020 | 142609 |
|  | China Isotope & <br> Radiation Corp., <br> Class H<br>| 7600 | 18757 |
| # | China Jinmao <br> Holdings Group <br> Ltd.<br>| 1181901 | 204249 |
|  | China Kepei <br> Education Group <br> Ltd.<br>| 70000 | 13082 |
|  | China Lesso Group <br> Holdings Ltd.<br>| 236000 | 135050 |
|  | China Lilang Ltd. | 89000 | 38574 |
| #\*Ω | China Literature Ltd. | 57000 | 307070 |
|  | China Medical System <br> Holdings Ltd.<br>| 204000 | 351820 |
|  | China Meheco Group <br> Co. Ltd., Class A<br>| 15100 | 23925 |
|  | China Meidong Auto <br> Holdings Ltd.<br>| 146000 | 33212 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Mengniu Dairy <br> Co. Ltd.<br>| 428000 | $778853 |
|  | China Merchants Port <br> Holdings Co. Ltd.<br>| 250664 | 485475 |
|  | China Merchants <br> Property Operation <br> & Service Co. Ltd., <br> Class A<br>| 12900 | 20785 |
|  | China Minsheng <br> Banking Corp. Ltd., <br> Class H<br>| 813000 | 416511 |
|  | China Modern Dairy <br> Holdings Ltd.<br>| 540000 | 84143 |
|  | China National Accord <br> Medicines Corp. <br> Ltd., Class A<br>| 5600 | 20011 |
|  | China National <br> Building Material <br> Co. Ltd., Class H<br>| 331749 | 235096 |
|  | China National Gold <br> Group Gold <br> Jewellery Co. Ltd., <br> Class A<br>| 18100 | 21006 |
|  | China National <br> Medicines Corp. <br> Ltd., Class A<br>| 6000 | 25129 |
| \*Ω | China New Higher <br> Education Group <br> Ltd.<br>| 176144 | 27882 |
|  | China Nonferrous <br> Metal Industry's <br> Foreign Engineering <br> & Construction Co. <br> Ltd., Class A<br>| 25200 | 23638 |
|  | China Nonferrous <br> Mining Corp. Ltd.<br>| 195000 | 359667 |
| \* | China Oil & Gas <br> Group Ltd.<br>| 920000 | 20636 |
|  | China Oilfield Services <br> Ltd., Class H<br>| 278000 | 271398 |
|  | China Overseas <br> Grand Oceans <br> Group Ltd.<br>| 256646 | 71707 |
|  | China Overseas Land <br> & Investment Ltd.<br>| 605000 | 1015307 |
|  | China Petroleum <br> Engineering Corp., <br> Class A<br>| 89200 | 44665 |
|  | China Publishing & <br> Media Co. Ltd., <br> Class A<br>| 24600 | 23691 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Railway Group <br> Ltd., Class H<br>| 546000 | $276974 |
|  | China Railway Hi-tech <br> Industry Co. Ltd., <br> Class A<br>| 30100 | 35573 |
| Ω | China Railway Signal <br> & Communication <br> Corp. Ltd., Class H<br>| 250000 | 109693 |
|  | China Railway Tielong <br> Container Logistics <br> Co. Ltd., Class A<br>| 29200 | 26521 |
|  | China Reinsurance <br> Group Corp., <br> Class H<br>| 1202000 | 244110 |
|  | China Resources Beer <br> Holdings Co. Ltd.<br>| 171500 | 586621 |
|  | China Resources <br> Boya <br> Bio-pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 5700 | 20236 |
|  | China Resources <br> Building Materials <br> Technology <br> Holdings Ltd.<br>| 358000 | 77856 |
|  | China Resources <br> Double Crane <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 16200 | 43847 |
|  | China Resources Gas <br> Group Ltd.<br>| 147800 | 406424 |
|  | China Resources <br> Land Ltd.<br>| 462500 | 1670983 |
| # | China Resources <br> Medical Holdings <br> Co. Ltd.<br>| 143500 | 62351 |
| Ω | China Resources <br> Pharmaceutical <br> Group Ltd.<br>| 349000 | 223655 |
|  | China Risun Group <br> Ltd.<br>| 252000 | 75851 |
| \* | China Sanjiang Fine <br> Chemicals Co. Ltd.<br>| 118000 | 37307 |
| \* | China Shanshui <br> Cement Group Ltd.<br>| 270000 | 27679 |
|  | China State <br> Construction <br> Development <br> Holdings Ltd.<br>| 38000 | 5777 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China State <br> Construction <br> International <br> Holdings Ltd.<br>| 368000 | $418622 |
|  | China Sunshine Paper <br> Holdings Co. Ltd.<br>| 134000 | 28950 |
|  | China Taiping <br> Insurance Holdings <br> Co. Ltd.<br>| 293000 | 666477 |
|  | China Tianying, Inc., <br> Class A<br>| 27400 | 22603 |
| Ω | China Tower Corp. <br> Ltd., Class H<br>| 781000 | 1128269 |
|  | China Traditional <br> Chinese Medicine <br> Holdings Co. Ltd.<br>| 582000 | 175324 |
| #\* | China Travel <br> International <br> Investment Hong <br> Kong Ltd.<br>| 356000 | 78729 |
|  | China Tungsten & <br> Hightech Materials <br> Co. Ltd., Class A<br>| 7670 | 25257 |
| \* | China Vanke Co. Ltd., <br> Class H<br>| 220800 | 125092 |
|  | China West <br> Construction Group <br> Co. Ltd., Class A<br>| 30500 | 28305 |
|  | China XLX Fertiliser <br> Ltd.<br>| 112000 | 105680 |
|  | China Yongda <br> Automobiles <br> Services Holdings <br> Ltd.<br>| 217500 | 47758 |
| \*Ω | China Youran Dairy <br> Group Ltd.<br>| 466000 | 194680 |
|  | China Zheshang Bank <br> Co. Ltd., Class H<br>| 444599 | 144834 |
| # | Chinasoft International <br> Ltd.<br>| 394000 | 294947 |
|  | Chongqing <br> Department Store <br> Co. Ltd., Class A<br>| 6200 | 23825 |
|  | Chongqing Fuling <br> Zhacai Group Co. <br> Ltd., Class A<br>| 11300 | 20845 |
|  | Chongqing Gas Group <br> Corp. Ltd., Class A<br>| 24249 | 19980 |
|  | Chongqing Machinery <br> & Electric Co. Ltd., <br> Class H<br>| 106000 | 25216 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Chongqing Road & <br> Bridge Co. Ltd., <br> Class A<br>| 23300 | $22177 |
|  | Chongqing Rural <br> Commercial Bank <br> Co. Ltd., Class H<br>| 468000 | 384880 |
|  | Chongqing Sanfeng <br> Environment Group <br> Corp. Ltd., Class A<br>| 18200 | 21613 |
|  | Chow Tai Seng <br> Jewellery Co. Ltd., <br> Class A<br>| 15400 | 29959 |
|  | CIMC Enric Holdings <br> Ltd.<br>| 108000 | 104310 |
|  | Cisen Pharmaceutical <br> Co. Ltd., Class A<br>| 10900 | 32486 |
|  | CITIC Ltd. | 305000 | 471417 |
|  | City Development <br> Environment Co. <br> Ltd., Class A<br>| 13200 | 27717 |
| #\* | CMGE Technology <br> Group Ltd.<br>| 282000 | 14340 |
|  | CMST Development <br> Co. Ltd., Class A<br>| 24300 | 20323 |
|  | CNSIG Inner Mongolia <br> Chemical Industry <br> Co. Ltd., Class A<br>| 17800 | 19847 |
| \* | COFCO <br> Biotechnology Co. <br> Ltd., Class A<br>| 25600 | 21348 |
| #\* | COFCO Joycome <br> Foods Ltd.<br>| 516000 | 110078 |
|  | COFCO Sugar <br> Holding Co. Ltd., <br> Class A<br>| 21800 | 47923 |
|  | Comba Telecom <br> Systems Holdings <br> Ltd.<br>| 182000 | 68674 |
|  | Concord New Energy <br> Group Ltd.<br>| 1150000 | 56993 |
|  | Continental Aerospace <br> Technologies <br> Holding Ltd.<br>| 570000 | 9794 |
|  | COSCO SHIPPING <br> Energy <br> Transportation Co. <br> Ltd., Class H<br>| 164000 | 231869 |
|  | COSCO SHIPPING <br> Specialized Carriers <br> Co. Ltd., Class A<br>| 28300 | 28949 |
|  | CQ Pharmaceutical <br> Holding Co. Ltd., <br> Class A<br>| 29600 | 22344 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | CRRC Corp. Ltd., <br> Class H<br>| 317000 | $240545 |
| Ω | CSC Financial Co. <br> Ltd., Class H<br>| 41500 | 70395 |
|  | CSG Holding Co. Ltd., <br> Class A<br>| 33700 | 22536 |
|  | CSPC Pharmaceutical <br> Group Ltd.<br>| 104000 | 102439 |
|  | CTS International <br> Logistics Corp. Ltd., <br> Class A<br>| 29200 | 25335 |
| \* | Daan Gene Co. Ltd., <br> Class A<br>| 32400 | 29664 |
|  | Dalian Huarui Heavy <br> Industry Group Co. <br> Ltd., Class A<br>| 30200 | 27339 |
|  | Dashang Co. Ltd., <br> Class A<br>| 15266 | 37768 |
|  | Deppon Logistics Co. <br> Ltd., Class A<br>| 15800 | 33144 |
|  | Dian Diagnostics <br> Group Co. Ltd., <br> Class A<br>| 13600 | 31073 |
|  | Digital China Group <br> Co. Ltd., Class A<br>| 6400 | 38745 |
| \* | Digital China <br> Information Service <br> Group Co. Ltd., <br> Class A<br>| 17900 | 47782 |
|  | Dongfang Electric <br> Corp. Ltd., Class H<br>| 42800 | 104432 |
|  | Dongguan Aohai <br> Technology Co. <br> Ltd., Class A<br>| 2400 | 15905 |
|  | Dongguan <br> Development <br> Holdings Co. Ltd., <br> Class A<br>| 12900 | 21375 |
|  | Dongxing Securities <br> Co. Ltd., Class A<br>| 23800 | 42385 |
|  | Dongyue Group Ltd. | 306000 | 393692 |
|  | Dynagreen <br> Environmental <br> Protection Group <br> Co. Ltd., Class H<br>| 62000 | 43507 |
|  | Eaglerise Electric & <br> Electronic China <br> Co. Ltd., Class A<br>| 9500 | 34181 |
|  | E-Commodities <br> Holdings Ltd.<br>| 368000 | 39301 |
|  | Edvantage Group <br> Holdings Ltd.<br>| 80000 | 14424 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | EEKA Fashion <br> Holdings Ltd.<br>| 46000 | $46421 |
| \*†† | Elion Energy Co. Ltd., <br> Class A<br>| 29100 | 286 |
|  | Eternal Asia Supply <br> Chain Management <br> Ltd., Class A<br>| 53500 | 38277 |
| # | Ever Sunshine <br> Services Group <br> Ltd.<br>| 126000 | 28312 |
| Ω | Everbright Securities <br> Co. Ltd., Class H<br>| 38400 | 48220 |
| \*Ω | Everest Medicines <br> Ltd.<br>| 6000 | 37844 |
|  | Fangda Carbon New <br> Material Co. Ltd., <br> Class A<br>| 30961 | 26809 |
|  | Fangda Special Steel <br> Technology Co. <br> Ltd., Class A<br>| 37300 | 31049 |
| \* | Far East Smarter <br> Energy Co. Ltd., <br> Class A<br>| 35300 | 38686 |
|  | FAWER Automotive <br> Parts Co. Ltd., <br> Class A<br>| 15600 | 12320 |
|  | FESCO Group Co. <br> Ltd., Class A<br>| 4400 | 11720 |
|  | Fiberhome <br> Telecommunication <br> Technologies Co. <br> Ltd., Class A<br>| 10320 | 35250 |
| \* | Financial Street <br> Holdings Co. Ltd., <br> Class A<br>| 71300 | 30276 |
| # | Flat Glass Group Co. <br> Ltd., Class H<br>| 54000 | 84905 |
|  | Fosun International <br> Ltd.<br>| 23500 | 14907 |
|  | Fu Shou Yuan <br> International Group <br> Ltd.<br>| 221000 | 83603 |
| # | Fufeng Group Ltd. | 298000 | 308472 |
|  | Fujian Star-net <br> Communication Co. <br> Ltd., Class A<br>| 13300 | 50049 |
|  | Fujian Sunner <br> Development Co. <br> Ltd., Class A<br>| 21500 | 51211 |
|  | Gansu Energy <br> Chemical Co. Ltd., <br> Class A<br>| 83500 | 30398 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Gansu Jiu Steel <br> Group Hongxing <br> Iron & Steel Co. <br> Ltd., Class A<br>| 67400 | $16017 |
|  | Gansu Shangfeng <br> Cement Co. Ltd., <br> Class A<br>| 19300 | 30634 |
|  | Gansu Yasheng <br> Industrial Group Co. <br> Ltd., Class A<br>| 51300 | 22358 |
|  | GCL Energy <br> Technology Co. <br> Ltd., Class A<br>| 18300 | 27534 |
| \* | GDS Holdings Ltd. <br> (9698 HK), Class A<br>| 49400 | 220099 |
|  | Geely Automobile <br> Holdings Ltd.<br>| 757000 | 1795838 |
| \* | Gemdale Corp., <br> Class A<br>| 52200 | 28702 |
| \* | Genimous Technology <br> Co. Ltd., Class A<br>| 28400 | 36400 |
| \* | Genscript Biotech <br> Corp.<br>| 126000 | 261531 |
|  | GF Securities Co. <br> Ltd., Class H<br>| 140600 | 339438 |
|  | Goldwind Science & <br> Technology Co. <br> Ltd., Class H<br>| 94000 | 159551 |
|  | Goodbaby <br> International <br> Holdings Ltd.<br>| 168000 | 25670 |
| # | Grand Pharmaceutical <br> Group Ltd.<br>| 167000 | 177792 |
| \* | Grandjoy Holdings <br> Group Co. Ltd., <br> Class A<br>| 48600 | 20313 |
|  | Great Wall Motor Co. <br> Ltd., Class H<br>| 255500 | 494178 |
| # | Greentown China <br> Holdings Ltd.<br>| 213500 | 228508 |
| #Ω | Greentown <br> Management <br> Holdings Co. Ltd.<br>| 102000 | 39658 |
|  | Greentown Service <br> Group Co. Ltd.<br>| 254000 | 145917 |
|  | Guangdong <br> Advertising Group <br> Co. Ltd., Class A<br>| 27400 | 32756 |
|  | Guangdong <br> Construction <br> Engineering Group <br> Co. Ltd., Class A<br>| 45100 | 24281 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Guangdong Create <br> Century Intelligent <br> Equipment Group <br> Corp. Ltd., Class A<br>| 19900 | $27973 |
| \* | Guangdong DFP New <br> Material Group Co. <br> Ltd.<br>| 47100 | 32259 |
|  | Guangdong Dongfang <br> Precision Science & <br> Technology Co. <br> Ltd., Class A<br>| 11900 | 31804 |
|  | Guangdong Dongpeng <br> Holdings Co. Ltd., <br> Class A<br>| 10200 | 10178 |
|  | Guangdong Dowstone <br> Technology Co. <br> Ltd., Class A<br>| 15500 | 53721 |
|  | Guangdong Fenghua <br> Advanced <br> Technology Holding <br> Co. Ltd., Class A<br>| 7000 | 16659 |
|  | Guangdong Guanhao <br> High-Tech Co. Ltd., <br> Class A<br>| 30200 | 13793 |
|  | Guangdong Kinlong <br> Hardware Products <br> Co. Ltd., Class A<br>| 6900 | 22006 |
|  | Guangdong Provincial <br> Expressway <br> Development Co. <br> Ltd., Class A<br>| 15200 | 24810 |
|  | Guangdong Vanward <br> New Electric Co. <br> Ltd., Class A<br>| 16800 | 27286 |
|  | Guangdong Xinbao <br> Electrical <br> Appliances Holdings <br> Co. Ltd., Class A<br>| 16100 | 34234 |
| \* | Guangdong Zhongnan <br> Iron & Steel Co. <br> Ltd., Class A<br>| 61700 | 23268 |
|  | Guangdong <br> Zhongsheng <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 14400 | 39134 |
|  | Guangshen Railway <br> Co. Ltd., Class H<br>| 282000 | 82761 |
|  | Guangxi Liugong <br> Machinery Co. Ltd., <br> Class A<br>| 27400 | 44842 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guangxi LiuYao <br> Group Co. Ltd., <br> Class A<br>| 7200 | $18873 |
|  | Guangzhou <br> Baiyunshan <br> Pharmaceutical <br> Holdings Co. Ltd., <br> Class H<br>| 28000 | 67500 |
|  | Guangzhou Wondfo <br> Biotech Co. Ltd., <br> Class A<br>| 6400 | 19844 |
|  | Guangzhou Zhujiang <br> Brewery Co. Ltd., <br> Class A<br>| 15500 | 20437 |
|  | Guilin Layn Natural <br> Ingredients Corp., <br> Class A<br>| 17200 | 19568 |
|  | Guizhou Chanhen <br> Chemical Corp., <br> Class A<br>| 6900 | 33117 |
|  | Guizhou Gas Group <br> Corp. Ltd., Class A<br>| 22400 | 22199 |
|  | Guizhou Panjiang <br> Refined Coal Co. <br> Ltd., Class A<br>| 34800 | 25195 |
|  | Guizhou Tyre Co. Ltd., <br> Class A<br>| 34100 | 23916 |
|  | Guizhou Xinbang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 48100 | 25801 |
| \* | Guizhou Zhenhua <br> E-chem, Inc., <br> Class A<br>| 13700 | 28570 |
| \* | Guoguang Electric Co. <br> Ltd., Class A<br>| 13500 | 30108 |
|  | Guomai Technologies, <br> Inc., Class A<br>| 10500 | 16638 |
| # | Guoquan Food <br> Shanghai Co. Ltd., <br> Class H<br>| 46000 | 22766 |
| Ω | Guotai Haitong <br> Securities Co. Ltd., <br> Class H<br>| 47120 | 90288 |
|  | Haier Smart Home <br> Co. Ltd. (6690 HK), <br> Class H<br>| 330000 | 1073122 |
| \* | Hainan Haide Capital <br> Management Co. <br> Ltd., Class A<br>| 20500 | 21629 |
| \* | Hainan Meilan <br> International Airport <br> Co. Ltd., Class H<br>| 31000 | 41910 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Haitian International <br> Holdings Ltd.<br>| 77000 | $210405 |
|  | Hand Enterprise <br> Solutions Co. Ltd., <br> Class A<br>| 17400 | 44289 |
|  | Hangzhou GreatStar <br> Industrial Co. Ltd.<br>| 6900 | 29903 |
|  | Hangzhou Haoyue <br> Personal Care Co. <br> Ltd., Class A<br>| 6160 | 28232 |
|  | Hangzhou Huawang <br> New Material <br> Technology Co. <br> Ltd., Class A<br>| 14520 | 17977 |
| \* | Hangzhou Iron & <br> Steel Co., Class A<br>| 18500 | 23733 |
| \* | Hangzhou Lion <br> Microelectronics Co. <br> Ltd., Class A<br>| 7200 | 35469 |
|  | Hangzhou Onechance <br> Tech Corp., <br> Class A<br>| 7200 | 30831 |
|  | Hangzhou Oxygen <br> Plant Group Co. <br> Ltd., Class A<br>| 14900 | 57869 |
|  | Hangzhou Robam <br> Appliances Co. Ltd., <br> Class A<br>| 14000 | 38475 |
| #Ω | Hangzhou Tigermed <br> Consulting Co. Ltd. <br> (3347 HK), Class H<br>| 3100 | 18551 |
|  | Hanwei Electronics <br> Group Corp., <br> Class A<br>| 9600 | 75914 |
|  | Harbin Electric Co. <br> Ltd., Class H<br>| 158000 | 259798 |
|  | Harbin Electric Corp. <br> Jiamusi Electric <br> Machine Co. Ltd., <br> Class A<br>| 16900 | 30808 |
| \* | Harbin Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 25900 | 13334 |
|  | HBIS Resources Co. <br> Ltd., Class A<br>| 10900 | 28762 |
|  | Health & Happiness <br> H&H International <br> Holdings Ltd.<br>| 54500 | 84785 |
|  | Hefei Urban <br> Construction <br> Development Co. <br> Ltd., Class A<br>| 3000 | 5244 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | HeiLongJiang ZBD <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 13800 | $21890 |
|  | Helens International <br> Holdings Co. Ltd.<br>| 52000 | 6698 |
|  | Henan Liliang <br> Diamond Co. Ltd., <br> Class A<br>| 6400 | 34575 |
|  | Henan Mingtai Al <br> Industrial Co. Ltd., <br> Class A<br>| 20200 | 42779 |
|  | Henan Pinggao <br> Electric Co. Ltd., <br> Class A<br>| 8600 | 21349 |
|  | Henan Thinker <br> Automatic <br> Equipment Co. Ltd., <br> Class A<br>| 7840 | 32982 |
|  | Henan Yuguang Gold <br> & Lead Co. Ltd., <br> Class A<br>| 23900 | 41186 |
|  | Henan Zhongyuan <br> Expressway Co. <br> Ltd., Class A<br>| 43100 | 27570 |
|  | Hengan International <br> Group Co. Ltd.<br>| 75500 | 264423 |
|  | Hengtong Logistics <br> Co. Ltd., Class A<br>| 8100 | 11288 |
|  | Hengyi Petrochemical <br> Co. Ltd., Class A<br>| 35500 | 33438 |
|  | Hexing Electrical Co. <br> Ltd., Class A<br>| 4200 | 19948 |
|  | Hitevision Co. Ltd., <br> Class A<br>| 7600 | 31953 |
| \* | Hongyuan Green <br> Energy Co. Ltd., <br> Class A<br>| 12600 | 52225 |
| \* | Hopson Development <br> Holdings Ltd.<br>| 70893 | 28759 |
|  | Horizon Construction <br> Development Ltd.<br>| 101000 | 14546 |
|  | Huadian Heavy <br> Industries Co. Ltd., <br> Class A<br>| 10800 | 11268 |
|  | Huafu Fashion Co. <br> Ltd., Class A<br>| 36000 | 24197 |
| \* | Huaihe Energy Group <br> Co. Ltd., Class A<br>| 68100 | 35724 |
|  | Huapont Life Sciences <br> Co. Ltd., Class A<br>| 24200 | 16641 |
| Ω | Huatai Securities Co. <br> Ltd., Class H<br>| 167600 | 421361 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Huaxin Cement Co. <br> Ltd. (6655 HK), <br> Class H<br>| 47800 | $107333 |
| \* | Hubei Broadcasting & <br> Television <br> Information Network <br> Co. Ltd., Class A<br>| 35500 | 30108 |
|  | Hubei Chutian Smart <br> Communication Co. <br> Ltd., Class A<br>| 20700 | 11840 |
|  | Hubei Jumpcan <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 6000 | 21133 |
|  | Hubei Yihua Chemical <br> Industry Co. Ltd., <br> Class A<br>| 11300 | 22048 |
|  | Hubei Zhenhua <br> Chemical Co. Ltd., <br> Class A<br>| 16100 | 54789 |
|  | Huishang Bank Corp. <br> Ltd., Class H<br>| 135800 | 58352 |
| \* | Hunan Er-Kang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 53300 | 27054 |
|  | Hunan Gold Corp. <br> Ltd., Class A<br>| 10060 | 30651 |
| \* | Hunan New Wellful <br> Co. Ltd., Class A<br>| 24600 | 21718 |
| #\*Ω | Hygeia Healthcare <br> Holdings Co. Ltd.<br>| 68200 | 114585 |
| \* | HyUnion Holding Co. <br> Ltd., Class A<br>| 23200 | 29194 |
|  | IKD Co. Ltd., Class A | 17400 | 55382 |
|  | Infore Environment <br> Technology Group <br> Co. Ltd., Class A<br>| 39700 | 38429 |
|  | Inmyshow Digital <br> Technology Group <br> Co. Ltd., Class A<br>| 30000 | 26217 |
|  | Inner Mongolia Berun <br> Chemical Co. Ltd., <br> Class A<br>| 32500 | 30871 |
|  | Inner Mongolia Dian <br> Tou Energy Corp. <br> Ltd., Class A<br>| 7900 | 28067 |
|  | Inspur Digital <br> Enterprise <br> Technology Ltd.<br>| 38000 | 38448 |
|  | Intron Technology <br> Holdings Ltd.<br>| 46000 | 12250 |
| #\* | iQIYI, Inc., ADR | 85914 | 198461 |
|  | Jade Bird Fire Co. <br> Ltd., Class A<br>| 19920 | 31351 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jangho Group Co. <br> Ltd., Class A<br>| 27400 | $29856 |
|  | Jason Furniture <br> Hangzhou Co. Ltd., <br> Class A<br>| 6300 | 27283 |
| \*Ω | JD Logistics, Inc. | 266400 | 434286 |
|  | Jiang Su Suyan <br> Jingshen Co. Ltd., <br> Class A<br>| 17200 | 26012 |
|  | Jiangling Motors Corp. <br> Ltd., Class A<br>| 9400 | 26539 |
|  | Jiangsu Asia-Pacific <br> Light Alloy <br> Technology Co. <br> Ltd., Class A<br>| 31400 | 29398 |
|  | Jiangsu Azure Corp., <br> Class A<br>| 17900 | 48338 |
|  | Jiangsu Broadcasting <br> Cable Information <br> Network Corp. Ltd., <br> Class A<br>| 56000 | 28873 |
|  | Jiangsu Changshu <br> Automotive Trim <br> Group Co. Ltd., <br> Class A<br>| 8600 | 20714 |
|  | Jiangsu Dingsheng <br> New Energy <br> Materials Co. Ltd., <br> Class A<br>| 28900 | 51992 |
| \* | Jiangsu General <br> Science Technology <br> Co. Ltd., Class A<br>| 27500 | 17163 |
|  | Jiangsu Guomao <br> Reducer Co. Ltd., <br> Class A<br>| 17300 | 39731 |
|  | Jiangsu Huachang <br> Chemical Co. Ltd., <br> Class A<br>| 23300 | 20499 |
|  | Jiangsu Jiangyin Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 33300 | 22243 |
| \* | Jiangsu Kanion <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 8500 | 17868 |
|  | Jiangsu Lihua Foods <br> Group Co. Ltd.<br>| 7900 | 23254 |
|  | Jiangsu Linyang <br> Energy Co. Ltd., <br> Class A<br>| 25900 | 21268 |
|  | Jiangsu Pacific Quartz <br> Co. Ltd., Class A<br>| 6800 | 39440 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangsu Provincial <br> Agricultural <br> Reclamation & <br> Development Corp., <br> Class A<br>| 11400 | $14906 |
|  | Jiangsu Shentong <br> Valve Co. Ltd., <br> Class A<br>| 12800 | 25040 |
|  | Jiangsu Shuangxing <br> Color Plastic New <br> Materials Co. Ltd., <br> Class A<br>| 34900 | 26696 |
|  | Jiangsu Soho High <br> Hope Group Corp., <br> Class A<br>| 56400 | 22520 |
|  | Jiangsu Suzhou Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 35860 | 26115 |
|  | Jiangsu Zhangjiagang <br> Rural Commercial <br> Bank Co. Ltd., <br> Class A<br>| 34600 | 21582 |
|  | Jiangsu Zijin Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 90600 | 36022 |
|  | Jiangxi Ganyue <br> Expressway Co. <br> Ltd., Class A<br>| 32800 | 24664 |
|  | Jiangxi Guotai Group <br> Co. Ltd., Class A<br>| 13300 | 24222 |
|  | Jiaozuo Wanfang <br> Aluminum <br> Manufacturing Co. <br> Ltd., Class A<br>| 13200 | 19052 |
|  | Jiayin Group, Inc., <br> ADR<br>| 2355 | 22255 |
| \* | Jihua Group Corp. <br> Ltd., Class A<br>| 67000 | 34008 |
| \* | Jilin Chemical Fibre, <br> Class A<br>| 39400 | 22614 |
| \*†† | Jilin Jiutai Rural <br> Commercial Bank <br> Corp. Ltd., Class H<br>| 35652 | 1422 |
| #\*†† | Jinchuan Group <br> International <br> Resources Co. Ltd.<br>| 425000 | 13126 |
|  | Jingjin Equipment, <br> Inc., Class A<br>| 7900 | 16937 |
| \* | Jinke Smart Services <br> Group Co. Ltd., <br> Class H<br>| 29900 | 26435 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | JinkoSolar Holding <br> Co. Ltd., ADR<br>| 8667 | $217628 |
|  | Jinlei Technology Co. <br> Ltd., Class A<br>| 10000 | 41197 |
|  | Jinmao Property <br> Services Co. Ltd.<br>| 15891 | 5715 |
| #\*Ω | Jinxin Fertility Group <br> Ltd.<br>| 240000 | 75918 |
|  | Jinyu Bio-Technology <br> Co. Ltd., Class A<br>| 23800 | 36076 |
|  | Jiuzhitang Co. Ltd., <br> Class A<br>| 16100 | 22646 |
|  | Jizhong Energy <br> Resources Co. Ltd., <br> Class A<br>| 31400 | 27059 |
| \* | Jolywood Suzhou <br> Sunwatt Co. Ltd., <br> Class A<br>| 28100 | 24017 |
| \* | Joy City Property Ltd. | 738000 | 56040 |
|  | JS Corrugating <br> Machinery Co. Ltd., <br> Class A<br>| 15100 | 26551 |
| \*Ω | JS Global Lifestyle <br> Co. Ltd.<br>| 189500 | 43421 |
|  | JSTI Group, Class A | 22800 | 26989 |
|  | Juewei Food Co. Ltd., <br> Class A<br>| 8600 | 16510 |
|  | Jutal Offshore Oil <br> Services Ltd.<br>| 94000 | 6896 |
|  | Kailuan Energy <br> Chemical Co. Ltd., <br> Class A<br>| 9400 | 8628 |
|  | Kaishan Group Co. <br> Ltd., Class A<br>| 16700 | 37646 |
|  | Kangji Medical <br> Holdings Ltd.<br>| 59000 | 68326 |
| \* | KBC Corp. Ltd., <br> Class A<br>| 4419 | 19577 |
|  | Keda Industrial Group <br> Co. Ltd., Class A<br>| 10800 | 19899 |
|  | Keshun Waterproof <br> Technologies Co. <br> Ltd., Class A<br>| 33700 | 23685 |
|  | Kinetic Development <br> Group Ltd.<br>| 442000 | 83069 |
|  | Kingboard Holdings <br> Ltd.<br>| 115000 | 412025 |
| # | Kingboard Laminates <br> Holdings Ltd.<br>| 110500 | 185001 |
|  | Kingfa Sci & Tech Co. <br> Ltd., Class A<br>| 8700 | 24736 |
| \* | Kingsoft Cloud <br> Holdings Ltd.<br>| 64000 | 53758 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | KPC Pharmaceuticals, <br> Inc., Class A<br>| 10700 | $20469 |
|  | Kuangda Technology <br> Group Co. Ltd., <br> Class A<br>| 42400 | 36959 |
|  | Kunlun Energy Co. <br> Ltd.<br>| 756000 | 694904 |
| \* | Lanzhou LS Heavy <br> Equipment Co. Ltd., <br> Class A<br>| 26900 | 32933 |
|  | Lao Feng Xiang Co. <br> Ltd., Class A<br>| 5000 | 33883 |
|  | Laobaixing Pharmacy <br> Chain JSC, <br> Class A<br>| 9100 | 21230 |
|  | Launch Tech Co. Ltd., <br> Class H<br>| 33500 | 37894 |
|  | Lee & Man Chemical <br> Co. Ltd.<br>| 38000 | 23045 |
|  | Lee & Man Paper <br> Manufacturing Ltd.<br>| 299000 | 105683 |
| \*Ω | Legend Holdings <br> Corp., Class H<br>| 84000 | 108574 |
|  | Lenovo Group Ltd. | 214000 | 312194 |
|  | Leo Group Co. Ltd., <br> Class A<br>| 28300 | 21217 |
|  | Leoch International <br> Technology Ltd.<br>| 116000 | 21348 |
| \* | Li Auto, Inc. (2015 <br> HK), Class A<br>| 73300 | 760639 |
|  | Li Ning Co. Ltd. | 352500 | 766411 |
|  | Lianhe Chemical <br> Technology Co. <br> Ltd., Class A<br>| 24900 | 41409 |
|  | Liaoning Port Co. Ltd., <br> Class H<br>| 284000 | 33242 |
|  | Lier Chemical Co. <br> Ltd., Class A<br>| 13600 | 24255 |
| \* | Lifetech Scientific <br> Corp.<br>| 370000 | 95794 |
|  | Lingbao Gold Group <br> Co. Ltd., Class H<br>| 26000 | 54426 |
|  | Livzon Pharmaceutical <br> Group, Inc., <br> Class H<br>| 6400 | 25739 |
|  | Lizhong Sitong Light <br> Alloys Group Co. <br> Ltd., Class A<br>| 8100 | 27831 |
| # | LK Technology <br> Holdings Ltd.<br>| 22500 | 10678 |
|  | Loncin Motor Co. Ltd., <br> Class A<br>| 26700 | 51114 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Ω | Longfor Group <br> Holdings Ltd.<br>| 229089 | $282978 |
|  | Longshine Technology <br> Group Co. Ltd., <br> Class A<br>| 8900 | 22375 |
|  | Lucky Harvest Co. <br> Ltd., Class A<br>| 8580 | 48622 |
|  | Luoniushan Co. Ltd., <br> Class A<br>| 25900 | 26717 |
|  | Luoyang Xinqianglian <br> Slewing Bearing <br> Co. Ltd., Class A<br>| 8700 | 64581 |
| \*Ω | Luye Pharma Group <br> Ltd.<br>| 231000 | 93589 |
| \* | Maanshan Iron & <br> Steel Co. Ltd., <br> Class H<br>| 68000 | 22322 |
|  | Maccura <br> Biotechnology Co. <br> Ltd., Class A<br>| 14000 | 23023 |
| Ω | Maoyan <br> Entertainment<br>| 58160 | 49742 |
|  | Meinian Onehealth <br> Healthcare Holdings <br> Co. Ltd., Class A<br>| 66600 | 52660 |
|  | Mesnac Co. Ltd., <br> Class A<br>| 22100 | 26811 |
|  | Metallurgical Corp. of <br> China Ltd., Class H<br>| 528000 | 160895 |
|  | M-Grass Ecology & <br> Environment Group <br> Co. Ltd., Class A<br>| 29600 | 17337 |
|  | Milkyway Intelligent <br> Supply Chain <br> Service Group Co. <br> Ltd., Class A<br>| 1600 | 13375 |
| \* | Minmetals <br> Development Co. <br> Ltd., Class A<br>| 21300 | 27387 |
| \* | Minmetals Land Ltd. | 340000 | 41233 |
|  | Minth Group Ltd. | 142000 | 630099 |
|  | MLS Co. Ltd., <br> Class A<br>| 24900 | 30520 |
| \* | MMG Ltd. | 487199 | 432366 |
| \*Ω | Mobvista, Inc. | 49000 | 112461 |
|  | Moon Environment <br> Technology Co. <br> Ltd., Class A<br>| 19760 | 39474 |
| # | Morimatsu <br> International <br> Holdings Co. Ltd.<br>| 56000 | 71693 |
|  | Nanhua Futures Co. <br> Ltd., Class A<br>| 12200 | 35775 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | NanJi E-Commerce <br> Co. Ltd., Class A<br>| 28700 | $14258 |
|  | Nanjing Hanrui Cobalt <br> Co. Ltd., Class A<br>| 6400 | 44677 |
|  | Nanjing Iron & Steel <br> Co. Ltd., Class A<br>| 75000 | 55362 |
|  | Nanjing King-Friend <br> Biochemical <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 7800 | 11016 |
|  | Nanjing <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 31500 | 22400 |
| \* | Nanjing Tanker Corp., <br> Class A<br>| 66500 | 30544 |
|  | Nantong Jiangshan <br> Agrochemical & <br> Chemical LLC, <br> Class A<br>| 9900 | 33282 |
|  | NetDragon Websoft <br> Holdings Ltd.<br>| 54000 | 84360 |
|  | Neusoft Corp., <br> Class A<br>| 20400 | 30175 |
|  | New China Life <br> Insurance Co. Ltd., <br> Class H<br>| 153600 | 970692 |
|  | Newland Digital <br> Technology Co. <br> Ltd., Class A<br>| 4000 | 15491 |
|  | Nexteer Automotive <br> Group Ltd.<br>| 193000 | 167302 |
| \* | Nine Dragons Paper <br> Holdings Ltd.<br>| 280000 | 200559 |
|  | Ningbo Boway Alloy <br> Material Co. Ltd., <br> Class A<br>| 8400 | 25814 |
|  | Ningbo Huaxiang <br> Electronic Co. Ltd., <br> Class A<br>| 10600 | 49421 |
|  | Ningbo Jintian Copper <br> Group Co. Ltd., <br> Class A<br>| 30400 | 49433 |
|  | Ningbo Peacebird <br> Fashion Co. Ltd., <br> Class A<br>| 11800 | 23753 |
| \* | Ningbo Shanshan Co. <br> Ltd., Class A<br>| 38300 | 74016 |
|  | Ningbo Xusheng <br> Group Co. Ltd., <br> Class A<br>| 12600 | 26673 |
|  | Ningbo Yunsheng Co. <br> Ltd., Class A<br>| 10700 | 21462 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | NKY Medical Holdings <br> Ltd., Class A<br>| 13700 | $31950 |
|  | Norinco International <br> Cooperation Ltd., <br> Class A<br>| 22300 | 35045 |
|  | North Chemical <br> Industries Co. Ltd., <br> Class A<br>| 15200 | 43005 |
|  | North China <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 34500 | 29110 |
|  | North Huajin Chemical <br> Industries Co. Ltd., <br> Class A<br>| 38800 | 27716 |
|  | Northeast <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 35500 | 27685 |
|  | Northeast Securities <br> Co. Ltd., Class A<br>| 28400 | 36268 |
| \* | Nuode New Materials <br> Co. Ltd., Class A<br>| 10200 | 10154 |
|  | Offshore Oil <br> Engineering Co. <br> Ltd., Class A<br>| 29400 | 22513 |
|  | Onewo, Inc., Class H | 31900 | 91650 |
|  | Opple Lighting Co. <br> Ltd., Class A<br>| 7800 | 19074 |
|  | ORG Technology Co. <br> Ltd., Class A<br>| 58200 | 49250 |
|  | Orient International <br> Enterprise Ltd., <br> Class A<br>| 9500 | 11166 |
| Ω | Orient Securities Co. <br> Ltd., Class H<br>| 164400 | 153185 |
| \* | Oriental Energy Co. <br> Ltd., Class A<br>| 17600 | 20349 |
|  | Pacific Shuanglin <br> Bio-pharmacy Co. <br> Ltd., Class A<br>| 9700 | 21476 |
| \* | PCI Technology Group <br> Co. Ltd., Class A<br>| 40700 | 39276 |
| \*†† | Pengdu Agriculture & <br> Animal Husbandry <br> Co. Ltd., Class A<br>| 164500 | 0 |
|  | PharmaBlock <br> Sciences Nanjing, <br> Inc., Class A<br>| 5300 | 31829 |
|  | PhiChem Corp., <br> Class A<br>| 13700 | 45168 |
|  | Pingdingshan Tianan <br> Coal Mining Co. <br> Ltd., Class A<br>| 21000 | 25092 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Polaris Bay Group Co. <br> Ltd., Class A<br>| 19700 | $20385 |
|  | Poly Property Group <br> Co. Ltd.<br>| 201637 | 47968 |
| \* | Porton Pharma <br> Solutions Ltd., <br> Class A<br>| 6900 | 25838 |
|  | Prinx Chengshan <br> Holdings Ltd.<br>| 20000 | 18274 |
|  | Pylon Technologies <br> Co. Ltd., Class A<br>| 3881 | 36189 |
|  | Q Technology Group <br> Co. Ltd.<br>| 123000 | 221191 |
| \* | Qinchuan Machine <br> Tool & Tool Group <br> Share Co. Ltd., <br> Class A<br>| 21100 | 40710 |
|  | Qingdao East Steel <br> Tower Stock Co. <br> Ltd., Class A<br>| 38100 | 94561 |
|  | Qingdao Eastsoft <br> Communication <br> Technology Co. <br> Ltd., Class A<br>| 7100 | 15338 |
|  | Qingdao Gon <br> Technology Co. <br> Ltd., Class A<br>| 3600 | 25947 |
| Ω | Qingdao Port <br> International Co. <br> Ltd., Class H<br>| 87000 | 79531 |
|  | Qingdao Rural <br> Commercial Bank <br> Corp., Class A<br>| 127700 | 57814 |
|  | Qingdao Sentury Tire <br> Co. Ltd., Class A<br>| 8600 | 23496 |
|  | Qinghai Huzhu <br> TianYouDe <br> Highland Barley <br> Spirit Co. Ltd., <br> Class A<br>| 13100 | 17656 |
|  | Qinhuangdao Port Co. <br> Ltd., Class H<br>| 74500 | 27900 |
|  | Rainbow Digital <br> Commercial Co. <br> Ltd., Class A<br>| 38250 | 29037 |
|  | Renhe Pharmacy Co. <br> Ltd., Class A<br>| 26500 | 23134 |
|  | Rianlon Corp., <br> Class A<br>| 6700 | 37721 |
|  | Riyue Heavy Industry <br> Co. Ltd., Class A<br>| 12300 | 25134 |
|  | Rizhao Port Co. Ltd., <br> Class A<br>| 56400 | 25213 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | RongFa Nuclear <br> Equipment Co. Ltd., <br> Class A<br>| 49300 | $54771 |
|  | Runjian Co. Ltd., <br> Class A<br>| 3100 | 19173 |
|  | Sanjiang Shopping <br> Club Co. Ltd., <br> Class A<br>| 12600 | 24530 |
|  | Sanquan Food Co. <br> Ltd., Class A<br>| 7110 | 11158 |
| \* | Sansteel Minguang <br> Co. Ltd. Fujian, <br> Class A<br>| 54900 | 34571 |
|  | Sansure Biotech, Inc., <br> Class A<br>| 9291 | 28777 |
| # | Sany Heavy <br> Equipment <br> International <br> Holdings Co. Ltd.<br>| 209000 | 197305 |
| \* | Seazen Group Ltd. | 496000 | 139739 |
| \* | Seazen Holdings Co. <br> Ltd., Class A<br>| 16700 | 33340 |
| \*†† | S-Enjoy Service <br> Group Co. Ltd.<br>| 63000 | 8513 |
|  | Shaanxi Construction <br> Engineering Group <br> Corp. Ltd., Class A<br>| 44500 | 23702 |
| \* | Shaanxi Heimao <br> Coking Co. Ltd., <br> Class A<br>| 58400 | 34881 |
|  | Shandong Bohui <br> Paper Industrial Co. <br> Ltd., Class A<br>| 30100 | 21121 |
|  | Shandong Dongyue <br> Silicone Material <br> Co. Ltd., Class A<br>| 23500 | 30673 |
|  | Shandong Hi-Speed <br> Road & Bridge <br> Group Co. Ltd., <br> Class A<br>| 14900 | 12799 |
|  | Shandong Huatai <br> Paper Industry <br> Shareholding Co. <br> Ltd., Class A<br>| 46100 | 24107 |
|  | Shandong Humon <br> Smelting Co. Ltd., <br> Class A<br>| 11000 | 20415 |
|  | Shandong Jincheng <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 10900 | 26762 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shandong Jinjing <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 31900 | $23541 |
|  | Shandong Linglong <br> Tyre Co. Ltd., <br> Class A<br>| 9700 | 20978 |
|  | Shandong Lukang <br> Pharma, Class A<br>| 17900 | 25217 |
|  | Shandong <br> Pharmaceutical <br> Glass Co. Ltd., <br> Class A<br>| 6300 | 18518 |
|  | Shandong Publishing <br> & Media Co. Ltd., <br> Class A<br>| 16300 | 19152 |
|  | Shandong Weifang <br> Rainbow Chemical <br> Co. Ltd., Class A<br>| 2000 | 20818 |
|  | Shandong Weigao <br> Group Medical <br> Polymer Co. Ltd., <br> Class H<br>| 284000 | 198797 |
|  | Shandong WIT Dyne <br> Health Co. Ltd., <br> Class A<br>| 6000 | 28807 |
|  | Shandong Xiantan Co. <br> Ltd., Class A<br>| 11300 | 10007 |
|  | Shandong Xinhua <br> Pharmaceutical Co. <br> Ltd., Class H<br>| 32000 | 28648 |
|  | Shandong Yisheng <br> Livestock & Poultry <br> Breeding Co. Ltd., <br> Class A<br>| 10300 | 13015 |
| \* | Shanghai Aerospace <br> Automobile <br> Electromechanical <br> Co. Ltd., Class A<br>| 15500 | 17976 |
| \* | Shanghai Aiko Solar <br> Energy Co. Ltd., <br> Class A<br>| 10800 | 23967 |
|  | Shanghai Bright Meat <br> Group Co. Ltd., <br> Class A<br>| 27000 | 25838 |
|  | Shanghai Construction <br> Group Co. Ltd., <br> Class A<br>| 62100 | 24611 |
|  | Shanghai Datun <br> Energy Resources <br> Co. Ltd., Class A<br>| 13300 | 25814 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Environment <br> Group Co. Ltd., <br> Class A<br>| 21400 | $24973 |
|  | Shanghai Fosun <br> Pharmaceutical <br> Group Co. Ltd., <br> Class H<br>| 11500 | 35225 |
|  | Shanghai Gench <br> Education Group <br> Ltd.<br>| 16500 | 5686 |
| Ω | Shanghai Haohai <br> Biological <br> Technology Co. <br> Ltd., Class H<br>| 6400 | 22478 |
|  | Shanghai Huayi <br> Group Co. Ltd., <br> Class A<br>| 22900 | 25597 |
|  | Shanghai Industrial <br> Holdings Ltd.<br>| 81000 | 142188 |
|  | Shanghai Jinjiang <br> International Hotels <br> Co. Ltd., Class A<br>| 8700 | 27527 |
|  | Shanghai Kaibao <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 24600 | 21337 |
|  | Shanghai Mechanical <br> & Electrical Industry <br> Co. Ltd., Class A<br>| 17300 | 65915 |
| \* | Shanghai Milkground <br> Food Tech Co. Ltd., <br> Class A<br>| 8700 | 31289 |
|  | Shanghai <br> Pharmaceuticals <br> Holding Co. Ltd., <br> Class H<br>| 122400 | 184292 |
|  | Shanghai Pret <br> Composites Co. <br> Ltd., Class A<br>| 17300 | 32727 |
|  | Shanghai QiFan <br> Cable Co. Ltd., <br> Class A<br>| 9600 | 25310 |
|  | Shanghai Runda <br> Medical Technology <br> Co. Ltd., Class A<br>| 10500 | 24854 |
|  | Shanghai Shyndec <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 12100 | 17720 |
|  | Shanghai Tongji <br> Science & <br> Technology <br> Industrial Co. Ltd., <br> Class A<br>| 17400 | 36341 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Tunnel <br> Engineering Co. <br> Ltd., Class A<br>| 53000 | $49191 |
|  | Shanghai Waigaoqiao <br> Free Trade Zone <br> Group Co. Ltd., <br> Class A<br>| 11000 | 16911 |
|  | Shanghai Zhenhua <br> Heavy Industries <br> Co. Ltd., Class A<br>| 45100 | 29989 |
|  | Shanghai Zhonggu <br> Logistics Co. Ltd., <br> Class A<br>| 26300 | 40892 |
|  | Shanghai Zijiang <br> Enterprise Group <br> Co. Ltd., Class A<br>| 15300 | 16986 |
|  | Shantui Construction <br> Machinery Co. Ltd., <br> Class A<br>| 17600 | 28632 |
|  | Shanxi Blue Flame <br> Holding Co. Ltd., <br> Class A<br>| 27000 | 27491 |
|  | Shanxi Coal <br> International Energy <br> Group Co. Ltd., <br> Class A<br>| 14800 | 22969 |
| \* | Shanxi Guoxin Energy <br> Corp. Ltd., Class A<br>| 51440 | 25543 |
|  | Shanxi Hi-speed <br> Group Co. Ltd., <br> Class A<br>| 32600 | 23752 |
|  | Shanxi Lanhua <br> Sci-Tech Venture <br> Co. Ltd., Class A<br>| 25480 | 24106 |
| \* | Shanxi Lu'an <br> Chemical <br> Technology Co. <br> Ltd., Class A<br>| 30500 | 12314 |
| \* | Shanxi Meijin Energy <br> Co. Ltd., Class A<br>| 37100 | 27329 |
|  | Shanxi Securities Co. <br> Ltd., Class A<br>| 33600 | 30240 |
|  | Shenma Industry Co. <br> Ltd., Class A<br>| 26406 | 36876 |
|  | Shenzhen Agricultural <br> Power Group Co. <br> Ltd., Class A<br>| 12300 | 14775 |
|  | Shenzhen Airport Co. <br> Ltd., Class A<br>| 36800 | 37363 |
|  | Shenzhen Aisidi Co. <br> Ltd., Class A<br>| 14000 | 24408 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Center <br> Power Tech Co. <br> Ltd., Class A<br>| 10500 | $33819 |
|  | Shenzhen Cereals <br> Holdings Co. Ltd., <br> Class A<br>| 20900 | 20519 |
|  | Shenzhen Colibri <br> Technologies Co. <br> Ltd., Class A<br>| 11800 | 36952 |
|  | Shenzhen Das <br> Intellitech Co. Ltd., <br> Class A<br>| 65900 | 30310 |
|  | Shenzhen Desay <br> Battery Technology <br> Co., Class A<br>| 5980 | 23622 |
| \* | Shenzhen Dynanonic <br> Co. Ltd., Class A<br>| 5800 | 37452 |
|  | Shenzhen Everwin <br> Precision <br> Technology Co. <br> Ltd., Class A<br>| 8300 | 44351 |
|  | Shenzhen Fuanna <br> Bedding & <br> Furnishing Co. Ltd., <br> Class A<br>| 18500 | 18728 |
|  | Shenzhen Gas Corp. <br> Ltd., Class A<br>| 31800 | 30038 |
| \* | Shenzhen Gongjin <br> Electronics Co. Ltd., <br> Class A<br>| 18500 | 31053 |
| Ω | Shenzhen Hepalink <br> Pharmaceutical <br> Group Co. Ltd., <br> Class H<br>| 23500 | 16253 |
|  | Shenzhen Hopewind <br> Electric Co. Ltd., <br> Class A<br>| 11200 | 47502 |
| # | Shenzhen <br> International <br> Holdings Ltd.<br>| 285521 | 295968 |
|  | Shenzhen Invt Electric <br> Co. Ltd., Class A<br>| 20200 | 25576 |
| \* | Shenzhen Jinjia <br> Group Co. Ltd., <br> Class A<br>| 40200 | 25220 |
|  | Shenzhen Jufei <br> Optoelectronics Co. <br> Ltd., Class A<br>| 22000 | 20703 |
|  | Shenzhen Kedali <br> Industry Co. Ltd., <br> Class A<br>| 1200 | 30391 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Kingkey <br> Smart Agriculture <br> Times Co. Ltd., <br> Class A<br>| 9100 | $21025 |
|  | Shenzhen Kinwong <br> Electronic Co. Ltd., <br> Class A<br>| 3000 | 30587 |
|  | Shenzhen Laibao <br> Hi-tech Co. Ltd., <br> Class A<br>| 13600 | 21337 |
|  | Shenzhen Leaguer <br> Co. Ltd., Class A<br>| 19200 | 24898 |
|  | Shenzhen Microgate <br> Technology Co. <br> Ltd., Class A<br>| 16900 | 30149 |
|  | Shenzhen MTC Co. <br> Ltd., Class A<br>| 47100 | 40725 |
| \* | Shenzhen New <br> Nanshan Holding <br> Group Co. Ltd., <br> Class A<br>| 67000 | 29311 |
|  | Shenzhen Noposin <br> Crop Science Co. <br> Ltd., Class A<br>| 11900 | 20398 |
|  | Shenzhen Pagoda <br> Industrial Group <br> Corp. Ltd., Class H<br>| 104000 | 27306 |
|  | Shenzhen SC New <br> Energy Technology <br> Corp., Class A<br>| 4900 | 65062 |
|  | Shenzhen Senior <br> Technology Material <br> Co. Ltd., Class A<br>| 20700 | 41430 |
|  | Shenzhen Tagen <br> Group Co. Ltd., <br> Class A<br>| 43000 | 22905 |
|  | Shenzhen Topband <br> Co. Ltd., Class A<br>| 16700 | 32378 |
|  | Shenzhen Woer <br> Heat-Shrinkable <br> Material Co. Ltd., <br> Class A<br>| 11800 | 45861 |
|  | Shenzhen Yinghe <br> Technology Co. <br> Ltd., Class A<br>| 7600 | 31987 |
| \* | Shenzhen Zhenye <br> Group Co. Ltd., <br> Class A<br>| 14700 | 26234 |
|  | Shenzhen Zhongjin <br> Lingnan Nonfemet <br> Co. Ltd., Class A<br>| 59400 | 46046 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhou <br> International Group <br> Holdings Ltd.<br>| 84000 | $725072 |
| \* | Shijiazhuang <br> Changshan BeiMing <br> Technology Co. <br> Ltd., Class A<br>| 9600 | 31140 |
|  | Shinva Medical <br> Instrument Co. Ltd., <br> Class A<br>| 13920 | 30401 |
| †† | Shouhang High-Tech <br> Energy Co. Ltd., <br> Class A<br>| 26100 | 257 |
|  | Shui On Land Ltd. | 685000 | 62500 |
| \* | Sichuan Chengfei <br> Integration <br> Technology Corp., <br> Class A<br>| 7000 | 41693 |
|  | Sichuan EM <br> Technology Co. <br> Ltd., Class A<br>| 18700 | 52394 |
| \* | Sichuan Haite <br> High-tech Co. Ltd., <br> Class A<br>| 9300 | 16404 |
|  | Sichuan Hebang <br> Biotechnology Co. <br> Ltd., Class A<br>| 93900 | 28764 |
| \* | Sichuan Lutianhua <br> Co. Ltd., Class A<br>| 21500 | 12965 |
|  | Sichuan New Energy <br> Power Co. Ltd., <br> Class A<br>| 14800 | 25583 |
|  | Sichuan Yahua <br> Industrial Group Co. <br> Ltd., Class A<br>| 16200 | 46281 |
|  | Sihuan <br> Pharmaceutical <br> Holdings Group <br> Ltd.<br>| 389000 | 74145 |
|  | SIIC Environment <br> Holdings Ltd. (807 <br> HK)<br>| 64000 | 9220 |
|  | SIIC Environment <br> Holdings Ltd. (SIIC <br> SP)<br>| 349300 | 48040 |
| Ω | Simcere <br> Pharmaceutical <br> Group Ltd.<br>| 43000 | 68488 |
|  | Sinofert Holdings Ltd. | 518000 | 101293 |
|  | Sinoma Science & <br> Technology Co. <br> Ltd., Class A<br>| 6200 | 30195 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sinomach Automobile <br> Co. Ltd., Class A<br>| 21100 | $18496 |
|  | Sinomach Precision <br> Industry Group Co. <br> Ltd., Class A<br>| 7100 | 28582 |
|  | Sinopec Engineering <br> Group Co. Ltd., <br> Class H<br>| 269000 | 253399 |
| \* | Sinopec Oilfield <br> Equipment Corp., <br> Class A<br>| 28700 | 29316 |
|  | Sinopec Shanghai <br> Petrochemical Co. <br> Ltd., Class H<br>| 358000 | 61274 |
|  | Sinopharm Group Co. <br> Ltd., Class H<br>| 186000 | 463617 |
|  | Sino-Platinum Metals <br> Co. Ltd., Class A<br>| 10790 | 25216 |
|  | Sinosteel Engineering <br> & Technology Co. <br> Ltd., Class A<br>| 25100 | 22582 |
|  | Sinosteel New <br> Materials Co. Ltd., <br> Class A<br>| 20200 | 31101 |
|  | Sinotrans Ltd., <br> Class H<br>| 409000 | 278002 |
|  | Sinotruk Jinan Truck <br> Co. Ltd., Class A<br>| 19900 | 50773 |
| #\* | Skyworth Group Ltd. | 36000 | 18244 |
| Ω | Smoore International <br> Holdings Ltd.<br>| 29000 | 48840 |
|  | Snowsky Salt Industry <br> Group Co. Ltd., <br> Class A<br>| 29900 | 23960 |
|  | Sobute New Materials <br> Co. Ltd., Class A<br>| 6400 | 9270 |
|  | Southern Publishing & <br> Media Co. Ltd., <br> Class A<br>| 10600 | 21076 |
| \* | SPIC Yuanda <br> Environmental-Protection <br> Co. Ltd., Class A<br>| 13000 | 24414 |
| # | SSY Group Ltd. | 218000 | 87024 |
|  | Stanley Agricultural <br> Group Co. Ltd., <br> Class A<br>| 24600 | 33708 |
|  | Star Lake Bioscience <br> Co., Inc. Zhaoqing <br> Guangdong, <br> Class A<br>| 29900 | 30204 |
|  | STO Express Co. Ltd., <br> Class A<br>| 17500 | 38092 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sumec Corp. Ltd., <br> Class A<br>| 11800 | $18759 |
|  | Sun Art Retail Group <br> Ltd.<br>| 397500 | 96595 |
|  | Sun King Technology <br> Group Ltd.<br>| 130000 | 33814 |
|  | Sunflower <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 10100 | 20720 |
| \* | Sunshine Lake <br> Pharma Co. Ltd.<br>| 23620 | 139216 |
|  | Sunstone <br> Development Co. <br> Ltd., Class A<br>| 10700 | 37036 |
|  | Suntak Technology <br> Co. Ltd., Class A<br>| 16600 | 33232 |
|  | Sunward Intelligent <br> Equipment Co. Ltd., <br> Class A<br>| 17400 | 32402 |
|  | Sunwoda Electronic <br> Co. Ltd., Class A<br>| 11500 | 57970 |
|  | Suofeiya Home <br> Collection Co. Ltd., <br> Class A<br>| 10900 | 19938 |
|  | Suzhou Anjie <br> Technology Co. <br> Ltd., Class A<br>| 11300 | 22108 |
|  | Suzhou Dongshan <br> Precision <br> Manufacturing Co. <br> Ltd., Class A<br>| 4000 | 38506 |
|  | Suzhou New District <br> Hi-Tech Industrial <br> Co. Ltd., Class A<br>| 28600 | 23900 |
|  | Symphony Holdings <br> Ltd.<br>| 280000 | 54121 |
| \* | Tangrenshen Group <br> Co. Ltd., Class A<br>| 26800 | 17977 |
|  | TangShan Port Group <br> Co. Ltd., Class A<br>| 58200 | 32497 |
|  | Tangshan Sanyou <br> Chemical Industries <br> Co. Ltd., Class A<br>| 25500 | 20430 |
|  | Tayho Advanced <br> Materials Group Co. <br> Ltd., Class A<br>| 24900 | 35137 |
|  | TCL Electronics <br> Holdings Ltd.<br>| 176000 | 208968 |
|  | TDG Holdings Co. <br> Ltd., Class A<br>| 25500 | 36835 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Three's Co. Media <br> Group Co. Ltd., <br> Class A<br>| 6200 | $25107 |
|  | Tian An China <br> Investment Co. Ltd.<br>| 81000 | 47346 |
|  | Tian Di Science & <br> Technology Co. <br> Ltd., Class A<br>| 50500 | 42436 |
| \*†† | Tian Shan <br> Development <br> Holding Ltd.<br>| 62000 | 0 |
|  | Tiande Chemical <br> Holdings Ltd.<br>| 56000 | 10329 |
|  | Tiangong International <br> Co. Ltd.<br>| 254000 | 96191 |
|  | Tianjin Capital <br> Environmental <br> Protection Group <br> Co. Ltd., Class H<br>| 66000 | 36220 |
|  | Tianjin Chase Sun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 75500 | 40545 |
|  | Tianjin Port Co. Ltd., <br> Class A<br>| 34400 | 23254 |
|  | Tianjin Ringpu <br> Bio-Technology Co. <br> Ltd., Class A<br>| 8400 | 25457 |
|  | Tianjin TEDA <br> Resources <br> Recycling Group <br> Co. Ltd., Class A<br>| 33800 | 20173 |
|  | Tianjin You Fa Steel <br> Pipe Group Stock <br> Co. Ltd., Class A<br>| 32500 | 30018 |
| \* | Tianma <br> Microelectronics Co. <br> Ltd., Class A<br>| 33800 | 46160 |
| #\* | Tianqi Lithium Corp., <br> Class H<br>| 22000 | 135236 |
|  | Tianrun Industry <br> Technology Co. <br> Ltd., Class A<br>| 30100 | 26956 |
|  | Tianshan Aluminum <br> Group Co. Ltd., <br> Class A<br>| 25900 | 48641 |
|  | Tinergy Chemical Co. <br> Ltd., Class A<br>| 61200 | 48006 |
|  | Titan Wind Energy <br> Suzhou Co. Ltd., <br> Class A<br>| 20900 | 22504 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Tofflon Science & <br> Technology Group <br> Co. Ltd., Class A<br>| 15300 | $36463 |
|  | Toly Bread Co. Ltd., <br> Class A<br>| 25900 | 19845 |
|  | Tong Ren Tang <br> Technologies Co. <br> Ltd., Class H<br>| 110000 | 65642 |
|  | Tongcheng Travel <br> Holdings Ltd.<br>| 51200 | 140892 |
|  | Tongguan Gold Group <br> Ltd.<br>| 82000 | 28549 |
|  | Tongyu Heavy <br> Industry Co. Ltd., <br> Class A<br>| 63900 | 27668 |
|  | Topsec Technologies <br> Group, Inc., <br> Class A<br>| 35600 | 52177 |
| Ω | Topsports International <br> Holdings Ltd.<br>| 326000 | 129202 |
|  | TravelSky Technology <br> Ltd., Class H<br>| 131000 | 172396 |
| \* | Triumph New Energy <br> Co. Ltd., Class H<br>| 22000 | 12346 |
|  | Tsingtao Brewery Co. <br> Ltd., Class H<br>| 26000 | 175722 |
|  | TSP Wind Power <br> Group Co. Ltd.<br>| 12900 | 15383 |
| †† | Tunghsu <br> Optoelectronic <br> Technology Co. <br> Ltd., Class A<br>| 82400 | 811 |
|  | Unilumin Group Co. <br> Ltd., Class A<br>| 32500 | 33689 |
|  | Uni-President China <br> Holdings Ltd.<br>| 160000 | 173223 |
| †† | Untrade.China Dili | 516800 | 8234 |
|  | Valiant Co. Ltd., <br> Class A<br>| 18300 | 36033 |
|  | Vats Liquor Chain <br> Store Management <br> JSC Ltd. (300755 <br> C2), Class A<br>| 8300 | 24256 |
|  | Vatti Corp. Ltd., <br> Class A<br>| 9200 | 8265 |
|  | Vipshop Holdings Ltd., <br> ADR<br>| 49285 | 861995 |
| \* | Visionox Technology, <br> Inc., Class A<br>| 27100 | 32295 |
| \*Ω | Viva Biotech Holdings | 265500 | 83269 |
|  | Wangneng <br> Environment Co. <br> Ltd., Class A<br>| 8300 | 19944 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Wanxiang Qianchao <br> Co. Ltd., Class A<br>| 31340 | $55343 |
|  | Wasion Holdings Ltd. | 98000 | 157678 |
|  | Wasu Media Holding <br> Co. Ltd., Class A<br>| 36300 | 40262 |
|  | Weichai Power Co. <br> Ltd., Class H<br>| 259000 | 535171 |
|  | Weifu <br> High-Technology <br> Group Co. Ltd., <br> Class A<br>| 9600 | 28967 |
|  | Weihai Guangtai <br> Airport Equipment <br> Co. Ltd., Class A<br>| 13600 | 19559 |
|  | Wellhope Foods Co. <br> Ltd., Class A<br>| 18100 | 19518 |
|  | Wencan Group Co. <br> Ltd., Class A<br>| 6200 | 18841 |
| # | West China Cement <br> Ltd.<br>| 528000 | 201778 |
|  | Windey Energy <br> Technology Group <br> Co. Ltd., Class A<br>| 11000 | 28243 |
|  | Winner Medical Co. <br> Ltd., Class A<br>| 4200 | 24385 |
| \* | Wuhan P&S <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 17000 | 26752 |
|  | Wuhu Token Science <br> Co. Ltd., Class A<br>| 27900 | 24337 |
|  | Wushang Group Co. <br> Ltd., Class A<br>| 20400 | 28639 |
| \*Ω | Wuxi Biologics <br> Cayman, Inc.<br>| 14000 | 65297 |
|  | Wuxi Boton <br> Technology Co. <br> Ltd., Class A<br>| 10500 | 34383 |
|  | Wuxi Huaguang <br> Environment & <br> Energy Group Co. <br> Ltd., Class A<br>| 17800 | 38699 |
|  | Wuxi Paike New <br> Materials <br> Technology Co. <br> Ltd., Class A<br>| 3200 | 31417 |
|  | Wuxi Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 30400 | 25940 |
|  | Wuxi Taiji Industry Ltd. <br> Co., Class A<br>| 21300 | 25958 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| #\*Ω | Xiabuxiabu Catering <br> Management China <br> Holdings Co. Ltd.<br>| 91500 | $11781 |
|  | Xiamen Bank Co. Ltd., <br> Class A<br>| 57200 | 56688 |
|  | Xiamen Changelight <br> Co. Ltd., Class A<br>| 14500 | 24358 |
|  | Xiamen Kingdomway <br> Group Co., Class A<br>| 8500 | 24119 |
|  | Xiamen Xiangyu Co. <br> Ltd., Class A<br>| 31700 | 36998 |
|  | Xiandai Investment <br> Co. Ltd., Class A<br>| 19900 | 11853 |
|  | Xianhe Co. Ltd., <br> Class A<br>| 7900 | 25395 |
|  | Xilinmen Furniture Co. <br> Ltd., Class A<br>| 7900 | 18992 |
|  | Xinfengming Group <br> Co. Ltd., Class A<br>| 25400 | 56776 |
|  | Xingfa Aluminium <br> Holdings Ltd.<br>| 46000 | 46072 |
|  | Xinjiang <br> Communications <br> Construction Group <br> Co. Ltd., Class A<br>| 13200 | 35098 |
|  | Xinjiang Joinworld Co. <br> Ltd., Class A<br>| 10900 | 12421 |
|  | Xinjiang Qingsong <br> Building Materials & <br> Chemicals Group <br> Co. Ltd., Class A<br>| 41700 | 27609 |
|  | Xinjiang Xuefeng <br> Sci-Tech Group Co. <br> Ltd., Class A<br>| 23700 | 30258 |
|  | Xinxiang Chemical <br> Fiber Co. Ltd., <br> Class A<br>| 42300 | 26009 |
|  | Xinxing Ductile Iron <br> Pipes Co. Ltd., <br> Class A<br>| 78600 | 47834 |
|  | Xinyi Energy Holdings <br> Ltd.<br>| 762936 | 124568 |
|  | Xinyi Solar Holdings <br> Ltd.<br>| 710037 | 327183 |
| \* | Xinzhi Group Co. Ltd., <br> Class A<br>| 7200 | 28977 |
|  | Xizi Clean Energy <br> Equipment <br> Manufacturing Co. <br> Ltd., Class A<br>| 14900 | 33544 |
|  | Xtep International <br> Holdings Ltd.<br>| 275817 | 199723 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Yangling Metron New <br> Material, Inc., <br> Class A<br>| 8680 | $20318 |
| #Ω | Yangtze Optical Fibre <br> & Cable Joint Stock <br> Co. Ltd., Class H<br>| 19500 | 89360 |
| # | Yankuang Energy <br> Group Co. Ltd., <br> Class H<br>| 486400 | 667752 |
|  | Yantai Changyu <br> Pioneer Wine Co. <br> Ltd., Class A<br>| 6300 | 19034 |
|  | Yantai Zhenghai <br> Magnetic Material <br> Co. Ltd., Class A<br>| 9300 | 21845 |
|  | Yechiu Metal <br> Recycling China <br> Ltd., Class A<br>| 67200 | 29564 |
|  | Yeebo International <br> Holdings Ltd.<br>| 100000 | 56494 |
|  | Yifan Pharmaceutical <br> Co. Ltd., Class A<br>| 13300 | 24618 |
|  | Yihai International <br> Holding Ltd.<br>| 36000 | 55235 |
|  | Yixintang <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 12000 | 22617 |
|  | Yonfer Agricultural <br> Technology Co. <br> Ltd., Class A<br>| 13200 | 27595 |
|  | Yongjin Technology <br> Group Co. Ltd.<br>| 9000 | 23190 |
|  | YongXing Special <br> Materials <br> Technology Co. <br> Ltd., Class A<br>| 5500 | 38031 |
|  | Yotrio Group Co. Ltd., <br> Class A<br>| 60200 | 32657 |
| \* | Youcare <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 9628 | 29321 |
|  | Youngy Co. Ltd., <br> Class A<br>| 6000 | 40070 |
|  | Youzu Interactive Co. <br> Ltd., Class A<br>| 19500 | 35344 |
|  | Yuan Longping <br> High-tech <br> Agriculture Co. Ltd., <br> Class A<br>| 15900 | 21766 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Yuexiu Property Co. <br> Ltd.<br>| 242000 | $139329 |
|  | Yueyang Forest & <br> Paper Co. Ltd., <br> Class A<br>| 45200 | 28282 |
|  | Yum China Holdings, <br> Inc. (YUMC US)<br>| 6405 | 277080 |
|  | YUNDA Holding <br> Group Co. Ltd., <br> Class A<br>| 31300 | 32051 |
|  | Yunnan Energy <br> Investment Co. Ltd., <br> Class A<br>| 7600 | 12981 |
|  | Yunnan Tin Co. Ltd., <br> Class A<br>| 12900 | 42989 |
|  | Yusys Technologies <br> Co. Ltd., Class A<br>| 14600 | 49188 |
|  | ZBOM Home <br> Collection Co. Ltd., <br> Class A<br>| 11500 | 15038 |
|  | Zhejiang Asia-Pacific <br> Mechanical & <br> Electronic Co. Ltd., <br> Class A<br>| 16600 | 33117 |
|  | Zhejiang <br> Communications <br> Technology Co. <br> Ltd., Class A<br>| 36540 | 21465 |
|  | Zhejiang Conba <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 29300 | 19270 |
|  | Zhejiang <br> Crystal-Optech Co. <br> Ltd., Class A<br>| 7400 | 25975 |
|  | Zhejiang Daily Digital <br> Culture Group Co. <br> Ltd., Class A<br>| 19300 | 36912 |
| \* | Zhejiang Dun'An <br> Artificial <br> Environment Co. <br> Ltd., Class A<br>| 14100 | 27335 |
|  | Zhejiang Garden <br> Biopharmaceutical <br> Co. Ltd., Class A<br>| 7600 | 14710 |
|  | Zhejiang <br> Guyuelongshan <br> Shaoxing Wine Co. <br> Ltd., Class A<br>| 15800 | 21094 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Haikong <br> Nanke Huatie <br> Digital Intelligence <br> & Technology Co. <br> Ltd.<br>| 16200 | $17891 |
|  | Zhejiang Hailiang Co. <br> Ltd., Class A<br>| 25700 | 41571 |
|  | Zhejiang HangKe <br> Technology, Inc. <br> Co., Class A<br>| 5930 | 27252 |
|  | Zhejiang Hangmin Co. <br> Ltd., Class A<br>| 13800 | 13868 |
|  | Zhejiang Hisun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 11500 | 18119 |
|  | Zhejiang Huace Film <br> & Television Co. <br> Ltd., Class A<br>| 22700 | 24507 |
|  | Zhejiang Huangma <br> Technology Co. <br> Ltd., Class A<br>| 13600 | 34874 |
|  | Zhejiang Jiahua <br> Energy Chemical <br> Industry Co. Ltd., <br> Class A<br>| 27100 | 32471 |
|  | Zhejiang Jiecang <br> Linear Motion <br> Technology Co. <br> Ltd., Class A<br>| 9600 | 51646 |
|  | Zhejiang Jingu Co. <br> Ltd., Class A<br>| 17100 | 24897 |
|  | Zhejiang Jingxin <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 15400 | 40800 |
|  | Zhejiang Jiuzhou <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 10500 | 29447 |
|  | Zhejiang Medicine Co. <br> Ltd., Class A<br>| 10500 | 21502 |
| \* | Zhejiang Narada <br> Power Source Co. <br> Ltd., Class A<br>| 11200 | 29743 |
|  | Zhejiang Qianjiang <br> Motorcycle Co. Ltd., <br> Class A<br>| 8700 | 19633 |
|  | Zhejiang Runtu Co. <br> Ltd., Class A<br>| 22300 | 22948 |
|  | Zhejiang Semir <br> Garment Co. Ltd., <br> Class A<br>| 32200 | 24479 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Shaoxing <br> RuiFeng Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 27080 | $20864 |
|  | Zhejiang Southeast <br> Space Frame Co. <br> Ltd., Class A<br>| 16800 | 10980 |
| \* | Zhejiang Sunriver <br> Culture Tourism Co. <br> Ltd., Class A<br>| 28400 | 28892 |
|  | Zhejiang Taihua New <br> Material Group Co. <br> Ltd., Class A<br>| 9200 | 11440 |
|  | Zhejiang Tianyu <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 5500 | 20260 |
|  | Zhejiang Wanliyang <br> Co. Ltd., Class A<br>| 23600 | 29887 |
|  | Zhejiang Wanma Co. <br> Ltd., Class A<br>| 20500 | 51762 |
|  | Zhejiang Wansheng <br> Co. Ltd., Class A<br>| 7900 | 12590 |
|  | Zhejiang Xianju <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 11600 | 15446 |
|  | Zhejiang Xinan <br> Chemical Industrial <br> Group Co. Ltd., <br> Class A<br>| 13160 | 18643 |
|  | Zhejiang Yasha <br> Decoration Co. Ltd., <br> Class A<br>| 30000 | 17003 |
|  | Zhende Medical Co. <br> Ltd., Class A<br>| 2900 | 38747 |
|  | Zhenjiang Dongfang <br> Electric Heating <br> Technology Co. <br> Ltd., Class A<br>| 43800 | 33218 |
|  | Zhewen Interactive <br> Group Co. Ltd., <br> Class A<br>| 17700 | 21755 |
| \*Ω | ZhongAn Online P&C <br> Insurance Co. Ltd., <br> Class H<br>| 139000 | 299290 |
|  | ZhongMan Petroleum <br> & Natural Gas <br> Group Corp. Ltd., <br> Class A<br>| 8700 | 25683 |
|  | Zhongshan Broad <br> Ocean Motor Co. <br> Ltd., Class A<br>| 28500 | 49121 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhongsheng Group <br> Holdings Ltd.<br>| 159500 | $251786 |
|  | Zhongtong Bus <br> Holding Co. Ltd., <br> Class A<br>| 14200 | 23459 |
| #Ω | Zhou Hei Ya <br> International <br> Holdings Co. Ltd.<br>| 213500 | 50094 |
|  | Zhuhai Huafa <br> Properties Co. Ltd., <br> Class A<br>| 46300 | 32024 |
|  | Zhuzhou CRRC Times <br> Electric Co. Ltd., <br> Class H<br>| 45800 | 232761 |
|  | Zhuzhou Kibing Group <br> Co. Ltd., Class A<br>| 51400 | 51299 |
|  | Zibo Qixiang Tengda <br> Chemical Co. Ltd., <br> Class A<br>| 26900 | 18191 |
| #Ω | ZJLD Group, Inc. | 57400 | 64501 |
|  | ZMJ Group Co. Ltd., <br> Class H<br>| 53400 | 147410 |
|  | Zoomlion Heavy <br> Industry Science & <br> Technology Co. <br> Ltd., Class H<br>| 269800 | 260501 |
|  | ZTO Express <br> Cayman, Inc. (2057 <br> HK)<br>| 51950 | 958414 |
| TOTAL CHINA | TOTAL CHINA |  | 71712944 |
| COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) |
| \* | Corp. Financiera <br> Colombiana SA<br>| 40546 | 191650 |
| DENMARK — (1.9%) | DENMARK — (1.9%) | DENMARK — (1.9%) | DENMARK — (1.9%) |
|  | Alm Brand AS | 271061 | 762847 |
| \* | Bavarian Nordic AS | 15364 | 567674 |
|  | D/S Norden AS | 8097 | 323630 |
| \* | Dfds AS | 4732 | 66721 |
|  | FLSmidth & Co. AS | 12486 | 972405 |
|  | Foroya Banki P | 1321 | 44633 |
| \* | GN Store Nord AS | 18901 | 330968 |
|  | GronlandsBANKEN <br> AS<br>| 210 | 28370 |
|  | H Lundbeck AS <br> (HLUNA DC), <br> Class A<br>| 9961 | 56252 |
|  | H Lundbeck AS <br> (HLUNB DC)<br>| 75924 | 553724 |
| #\* | H&H International AS, <br> Class B<br>| 3666 | 50357 |
|  | ISS AS | 44132 | 1390992 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
|  | Jyske Bank AS | 10324 | $1213454 |
| # | Matas AS | 11962 | 237467 |
| \* | Nilfisk Holding AS | 3486 | 57863 |
| \* | NKT AS | 12922 | 1446499 |
|  | Per Aarsleff Holding <br> AS<br>| 6619 | 751611 |
|  | Ringkjoebing <br> Landbobank AS<br>| 6980 | 1578680 |
|  | Rockwool AS, <br> Class A<br>| 14160 | 485011 |
|  | Rockwool AS, <br> Class B<br>| 26200 | 897761 |
| Ω | Scandinavian Tobacco <br> Group AS<br>| 15363 | 203684 |
|  | Schouw & Co. AS | 4385 | 403166 |
| # | Solar AS, Class B | 556 | 17641 |
|  | SP Group AS | 2842 | 128175 |
|  | Sparekassen <br> Sjaelland-Fyn AS<br>| 4899 | 254880 |
|  | Sydbank AS | 19199 | 1639043 |
| # | TORM PLC, Class A | 9843 | 212321 |
|  | Tryg AS | 21310 | 525270 |
|  | UIE PLC | 971 | 47204 |
|  | Vestjysk Bank AS | 80172 | 87912 |
| TOTAL DENMARK | TOTAL DENMARK |  | 15336215 |
| FINLAND — (1.6%) | FINLAND — (1.6%) | FINLAND — (1.6%) | FINLAND — (1.6%) |
|  | Aktia Bank OYJ | 11821 | 145785 |
|  | Alandsbanken Abp, <br> Class B<br>| 2284 | 119259 |
|  | Anora Group OYJ | 7486 | 27145 |
|  | Apetit OYJ | 1113 | 17959 |
|  | Atria OYJ | 3506 | 55404 |
|  | Bittium OYJ | 5009 | 98210 |
|  | Digia OYJ | 4078 | 28486 |
| #Ω | Enento Group OYJ | 916 | 16286 |
| # | Fiskars OYJ Abp | 8676 | 130815 |
| # | Fortum OYJ | 89128 | 1987547 |
| #\* | Glaston OYJ Abp | 4426 | 5833 |
|  | Hiab OYJ | 9901 | 548320 |
|  | Huhtamaki OYJ | 25055 | 842019 |
|  | Kalmar OYJ, Class B | 10303 | 426851 |
|  | Kemira OYJ | 28847 | 634901 |
|  | Kesko OYJ (KESKOA <br> FH), Class A<br>| 2480 | 53010 |
|  | Kesko OYJ (KESKOB <br> FH), Class B<br>| 10199 | 215144 |
|  | Konecranes OYJ | 13010 | 1284186 |
|  | Lassila & Tikanoja <br> OYJ<br>| 2081 | 23837 |
| \* | Lindex Group OYJ | 15071 | 47012 |
|  | Mandatum OYJ | 91786 | 658313 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) |
| # | Metsa Board OYJ <br> (METSA FH), <br> Class A<br>| 2149 | $11763 |
|  | Neste OYJ | 17812 | 369077 |
|  | NoHo Partners OYJ | 1625 | 16719 |
| # | Oma Saastopankki <br> OYJ<br>| 1150 | 14531 |
|  | Oriola OYJ (OKDBV <br> FH), Class B<br>| 11313 | 15395 |
| # | Outokumpu OYJ | 54563 | 234682 |
|  | Pihlajalinna OYJ | 6174 | 106070 |
|  | Ponsse OYJ | 730 | 21375 |
|  | Raisio OYJ, Class V | 23694 | 68697 |
|  | Sanoma OYJ | 19907 | 243313 |
|  | Scanfil OYJ | 3530 | 44520 |
| \* | SRV Group OYJ | 786 | 4765 |
|  | Taaleri PLC | 2423 | 20112 |
|  | Teleste OYJ | 3463 | 16172 |
| Ω | Terveystalo OYJ | 22008 | 236760 |
|  | TietoEVRY OYJ | 11880 | 254986 |
| # | Tokmanni Group <br> Corp.<br>| 2713 | 26818 |
|  | UPM-Kymmene OYJ | 79119 | 2122945 |
| # | Valmet OYJ | 34864 | 1134428 |
|  | Wartsila OYJ Abp | 11335 | 370861 |
| \* | YIT OYJ | 27688 | 93590 |
| TOTAL FINLAND | TOTAL FINLAND |  | 12793901 |
| FRANCE — (3.2%) | FRANCE — (3.2%) | FRANCE — (3.2%) | FRANCE — (3.2%) |
| \* | 74Software SA | 2602 | 107330 |
|  | Accor SA | 4281 | 217787 |
| \* | Alstom SA | 81487 | 2037793 |
|  | Alten SA | 1275 | 105003 |
| Ω | Amundi SA | 10773 | 798628 |
|  | Arkema SA | 9611 | 570535 |
|  | Aubay | 368 | 21223 |
| Ω | Ayvens SA | 29682 | 395996 |
| # | Beneteau SACA | 6175 | 59521 |
|  | Boiron SA | 407 | 13182 |
|  | Bonduelle SCA | 2599 | 26633 |
|  | Bouygues SA | 43820 | 1977952 |
|  | Caisse Regionale de <br> Credit Agricole <br> Mutuel du <br> Languedoc SCCV<br>| 448 | 42908 |
|  | Carrefour SA | 100055 | 1506923 |
|  | Carrefour SA, BDR | 8231 | 130537 |
|  | CBo Territoria | 2460 | 10321 |
|  | Cie des Alpes | 6017 | 138033 |
|  | Cie Generale des <br> Etablissements <br> Michelin SCA<br>| 11805 | 377116 |
| \* | Clariane SE | 15677 | 67398 |
|  | Coface SA | 31317 | 551564 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Derichebourg SA | 27304 | $186255 |
|  | Eiffage SA | 17229 | 2120024 |
| \*Ω | Elior Group SA | 26887 | 86828 |
|  | Elis SA | 49928 | 1390452 |
|  | Esso SA Francaise | 189 | 21250 |
|  | Etablissements Maurel <br> et Prom SA<br>| 19827 | 110516 |
|  | Exel Industries SA, <br> Class A<br>| 396 | 15704 |
|  | Fnac Darty SA (FNAC <br> FP)<br>| 2442 | 79974 |
| \* | Forvia SE (FRVIA <br> FP)<br>| 26641 | 341153 |
|  | GL Events SACA | 2198 | 70195 |
|  | Groupe Crit SA | 1048 | 74934 |
|  | Groupe SFPI | 8334 | 16902 |
| #\* | Guerbet | 1473 | 27032 |
|  | Imerys SA | 2029 | 49978 |
|  | IPSOS SA | 10696 | 409993 |
|  | Jacquet Metals SACA | 2639 | 53285 |
|  | JCDecaux SE | 7476 | 136022 |
|  | Laurent-Perrier | 749 | 80809 |
|  | LISI SA | 1234 | 72282 |
|  | LNA Sante SA | 1202 | 33515 |
|  | Louis Hachette Group | 28465 | 48898 |
|  | Manitou BF SA | 2169 | 43565 |
|  | Mersen SA | 4415 | 111596 |
|  | Metropole Television <br> SA<br>| 6128 | 84544 |
|  | NRJ Group | 5008 | 46515 |
|  | Opmobility | 8759 | 143067 |
|  | Quadient SA | 4315 | 74267 |
| # | Remy Cointreau SA | 2500 | 123862 |
|  | Renault SA | 51931 | 2017996 |
|  | Rexel SA | 53173 | 1843773 |
|  | Samse SACA | 262 | 37888 |
|  | Savencia SA | 1752 | 126040 |
|  | SCOR SE | 26497 | 802111 |
|  | SEB SA | 5149 | 284914 |
|  | SES SA | 68341 | 523654 |
| \*Ω | SMCP SA | 4654 | 32776 |
|  | Societe BIC SA | 4616 | 256841 |
|  | Societe LDC SADIR | 1650 | 175539 |
|  | Sopra Steria Group | 2889 | 449662 |
| # | Stef SA | 1010 | 140885 |
|  | Synergie SE | 2390 | 92577 |
|  | Technip Energies NV | 25377 | 1031170 |
|  | Teleperformance SE | 9530 | 680524 |
|  | Television Francaise 1 <br> SA<br>| 11443 | 104687 |
|  | Thermador Groupe | 289 | 25447 |
|  | Trigano SA | 2049 | 340975 |
| \* | Ubisoft Entertainment <br> SA<br>| 2364 | 21106 |
|  | Valeo SE | 39649 | 548157 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Vallourec SACA | 42188 | $786571 |
|  | Vetoquinol SA | 520 | 44718 |
|  | Vicat SACA | 5082 | 380989 |
|  | VIEL & Cie SA | 3477 | 70571 |
| \* | Viridien | 1415 | 173272 |
| #\* | Voltalia SA | 4110 | 33825 |
| \*Ω | X-Fab Silicon <br> Foundries SE<br>| 4159 | 26390 |
| TOTAL FRANCE | TOTAL FRANCE |  | 26262858 |
| GERMANY — (3.3%) | GERMANY — (3.3%) | GERMANY — (3.3%) | GERMANY — (3.3%) |
|  | 1&1 AG | 10207 | 252025 |
|  | Adtran Networks SE | 551 | 13723 |
|  | AIXTRON SE | 772 | 12371 |
|  | All for One Group SE | 212 | 9972 |
| # | Amadeus Fire AG | 296 | 18002 |
| Ω | Aumann AG | 1586 | 23015 |
| \* | Aumovio SE | 10520 | 452295 |
|  | Aurubis AG | 9174 | 1196168 |
|  | Bechtle AG | 12277 | 518944 |
| Ω | Befesa SA | 4810 | 159298 |
|  | Bijou Brigitte AG | 952 | 44671 |
|  | Bilfinger SE | 9612 | 1037063 |
|  | Borussia Dortmund <br> GmbH & Co. KGaA<br>| 16120 | 63717 |
|  | Brenntag SE | 14213 | 789372 |
|  | CANCOM SE (COK <br> GR)<br>| 4175 | 118764 |
| \* | Ceconomy AG | 19048 | 97519 |
|  | Cewe Stiftung & Co. <br> KGaA<br>| 895 | 102550 |
|  | Commerzbank AG | 30295 | 1104643 |
|  | Continental AG | 21040 | 1607706 |
| \* | Covestro AG | 29483 | 2059261 |
|  | Dermapharm Holding <br> SE<br>| 576 | 22680 |
|  | Deutz AG | 25865 | 256371 |
|  | Draegerwerk AG & <br> Co. KGaA<br>| 638 | 44930 |
|  | Duerr AG | 4267 | 99526 |
| Ω | DWS Group GmbH & <br> Co. KGaA<br>| 6550 | 419328 |
|  | Elmos Semiconductor <br> SE<br>| 1514 | 143178 |
|  | ElringKlinger AG | 5891 | 27496 |
|  | Evonik Industries AG | 55718 | 933724 |
|  | flatexDEGIRO AG | 19433 | 737132 |
|  | FORTEC Elektronik <br> AG<br>| 585 | 8062 |
| \* | Fraport AG Frankfurt <br> Airport Services <br> Worldwide<br>| 8850 | 758575 |
|  | Freenet AG | 29909 | 930105 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | Fresenius Medical <br> Care AG (FME GR)<br>| 47923 | $2572854 |
|  | FUCHS SE | 3608 | 127983 |
| # | Gerresheimer AG | 2100 | 66842 |
|  | Gesco SE | 2252 | 41257 |
|  | GFT Technologies SE | 2002 | 41127 |
| #\* | Heidelberger <br> Druckmaschinen <br> AG<br>| 23114 | 52130 |
| \* | HelloFresh SE | 22167 | 179698 |
|  | Hornbach Holding AG <br> & Co. KGaA<br>| 2266 | 226730 |
|  | HUGO BOSS AG | 6904 | 306296 |
|  | Indus Holding AG | 2509 | 64977 |
| Ω | Instone Real Estate <br> Group SE<br>| 17183 | 164465 |
|  | Jenoptik AG | 4861 | 109790 |
| Ω | JOST Werke SE | 2494 | 145300 |
|  | K&S AG | 8376 | 109118 |
|  | KION Group AG | 16902 | 1200962 |
|  | Kloeckner & Co. SE | 7966 | 50937 |
| \* | Koenig & Bauer AG | 2637 | 40466 |
| # | Kontron AG | 8109 | 211957 |
|  | Krones AG | 3273 | 475398 |
|  | KSB SE & Co. KGaA | 62 | 66852 |
|  | KWS Saat SE & Co. <br> KGaA<br>| 2335 | 179990 |
|  | Lanxess AG | 4818 | 114734 |
| \* | Medios AG | 226 | 3181 |
|  | MLP SE | 21361 | 175319 |
|  | Mutares SE & Co. <br> KGaA<br>| 2865 | 91457 |
| # | Norma Group SE | 4441 | 72061 |
|  | Pfeiffer Vacuum <br> Technology AG<br>| 218 | 39192 |
|  | ProCredit Holding AG | 2170 | 19379 |
| # | Puma SE (PUM GR) | 15283 | 324961 |
| \* | PVA TePla AG | 2714 | 82994 |
| \* | q.beyond AG | 10052 | 9883 |
| # | Qiagen NV | 10639 | 498437 |
| # | RTL Group SA | 5153 | 198963 |
|  | SAF-Holland SE | 5757 | 93648 |
|  | Salzgitter AG | 617 | 20023 |
|  | Schaeffler AG | 27583 | 223781 |
| \* | Siemens Energy AG | 6363 | 792736 |
|  | Sixt SE | 1931 | 169750 |
|  | Suedzucker AG | 4707 | 51913 |
|  | Surteco Group SE | 1940 | 27692 |
| # | SUSS MicroTec SE | 1410 | 45311 |
|  | Technotrans SE | 1385 | 56932 |
|  | thyssenkrupp AG | 83319 | 873128 |
| \* | Tkms AG& Co. KGaA | 4165 | 392464 |
| \* | TUI AG | 40263 | 343076 |
|  | United Internet AG | 13184 | 407014 |
|  | Vossloh AG | 2379 | 216972 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | Wacker Chemie AG | 2083 | $164287 |
|  | Wacker Neuson SE | 6624 | 144230 |
|  | Wuestenrot & <br> Wuerttembergische <br> AG<br>| 4662 | 75999 |
| \*Ω | Zalando SE | 22599 | 633282 |
| TOTAL GERMANY | TOTAL GERMANY |  | 26860114 |
| GREECE — (0.1%) | GREECE — (0.1%) | GREECE — (0.1%) | GREECE — (0.1%) |
|  | Aegean Airlines SA | 775 | 11764 |
|  | Alpha Bank SA | 31801 | 124667 |
|  | Autohellas Tourist & <br> Trading SA<br>| 819 | 10444 |
|  | Bank of Greece | 3495 | 59649 |
|  | Ellaktor SA | 3816 | 6847 |
|  | ElvalHalcor SA | 7892 | 29087 |
|  | GEK Terna SA | 2732 | 72917 |
|  | Helleniq Energy <br> Holdings SA<br>| 9333 | 82089 |
| \* | LAMDA Development <br> SA<br>| 7221 | 61591 |
|  | Motor Oil Hellas <br> Corinth Refineries <br> SA<br>| 6837 | 204888 |
|  | Piraeus Financial <br> Holdings SA<br>| 6261 | 48899 |
|  | Sarantis SA | 2655 | 38596 |
|  | Thrace Plastics <br> Holding & Co.<br>| 2463 | 11051 |
|  | Titan SA (TITC GA) | 5589 | 250249 |
| TOTAL GREECE | TOTAL GREECE |  | 1012738 |
| HONG KONG — (0.9%) | HONG KONG — (0.9%) | HONG KONG — (0.9%) | HONG KONG — (0.9%) |
|  | Bank of East Asia <br> Ltd.<br>| 172424 | 296879 |
|  | Build King Holdings <br> Ltd.<br>| 120000 | 23629 |
| # | Cafe de Coral <br> Holdings Ltd.<br>| 52000 | 42004 |
|  | Cathay Pacific <br> Airways Ltd.<br>| 201000 | 286128 |
|  | Cheuk Nang Holdings <br> Ltd.<br>| 37997 | 6811 |
| \* | China Energy <br> Development <br> Holdings Ltd.<br>| 2198000 | 9635 |
|  | Chow Sang Sang <br> Holdings <br> International Ltd.<br>| 60000 | 107362 |
|  | CITIC Telecom <br> International <br> Holdings Ltd.<br>| 397000 | 126214 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | C-Mer Medical <br> Holdings Ltd.<br>| 54000 | $12653 |
| Ω | Crystal International <br> Group Ltd.<br>| 78500 | 68807 |
|  | CTF Services Ltd. | 123000 | 132908 |
| \*†† | CW Group Holdings <br> Ltd.<br>| 183500 | 0 |
|  | Dah Sing Banking <br> Group Ltd.<br>| 85600 | 121173 |
|  | Dah Sing Financial <br> Holdings Ltd.<br>| 41200 | 190502 |
| #\* | Deep Source Holdings <br> Ltd.<br>| 660000 | 64573 |
|  | Dream International <br> Ltd.<br>| 32000 | 40130 |
| †† | EcoGreen <br> International Group <br> Ltd.<br>| 84000 | 3852 |
|  | Emperor Watch & <br> Jewellery Ltd.<br>| 790000 | 28964 |
|  | First Pacific Co. Ltd. | 560000 | 452150 |
| #\*Ω | FIT Hon Teng Ltd. | 386000 | 288784 |
| \*Ω | Frontage Holdings <br> Corp.<br>| 64000 | 9842 |
|  | Giordano International <br> Ltd.<br>| 136000 | 25884 |
| # | Guotai Junan <br> International <br> Holdings Ltd.<br>| 543000 | 266304 |
|  | Hang Lung Group <br> Ltd.<br>| 137000 | 260696 |
|  | Hang Lung Properties <br> Ltd.<br>| 308504 | 343532 |
| \* | Hanison Construction <br> Holdings Ltd.<br>| 105877 | 3303 |
|  | Harbour Centre <br> Development Ltd.<br>| 17000 | 9184 |
|  | Hong Kong <br> Technology Venture <br> Co. Ltd.<br>| 33774 | 6241 |
| \* | Hongkong & Shanghai <br> Hotels Ltd.<br>| 121716 | 96251 |
|  | Hutchison <br> Telecommunications <br> Hong Kong <br> Holdings Ltd.<br>| 244000 | 34202 |
| Ω | Impro Precision <br> Industries Ltd.<br>| 75000 | 48275 |
|  | Jacobson Pharma <br> Corp. Ltd.<br>| 24000 | 4473 |
| # | Johnson Electric <br> Holdings Ltd.<br>| 77555 | 363911 |
|  | Kerry Properties Ltd. | 93000 | 234403 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | KLN Logistics Group <br> Ltd.<br>| 39000 | $36094 |
| \* | Lai Sun Development <br> Co. Ltd.<br>| 4500 | 380 |
| \* | Lai Sun Garment <br> International Ltd.<br>| 59459 | 4096 |
|  | Luk Fook Holdings <br> International Ltd.<br>| 44000 | 140678 |
|  | Man Wah Holdings <br> Ltd.<br>| 234000 | 142853 |
| \* | Midland Holdings Ltd. | 93517 | 26389 |
|  | Modern Dental Group <br> Ltd.<br>| 32000 | 21509 |
| \* | Mongolian Mining <br> Corp.<br>| 162000 | 236085 |
|  | NagaCorp Ltd. | 260000 | 174337 |
|  | Oriental Watch <br> Holdings<br>| 26000 | 11377 |
|  | Pacific Basin Shipping <br> Ltd.<br>| 653000 | 216272 |
|  | Pacific Textiles <br> Holdings Ltd.<br>| 97000 | 18103 |
|  | PAX Global <br> Technology Ltd.<br>| 92000 | 63030 |
|  | Pico Far East <br> Holdings Ltd.<br>| 278000 | 93823 |
| Ω | Regina Miracle <br> International <br> Holdings Ltd.<br>| 29000 | 7602 |
|  | SAS Dragon Holdings <br> Ltd.<br>| 64000 | 38489 |
|  | Shangri-La Asia Ltd. | 194000 | 121066 |
| #\* | SJM Holdings Ltd. | 77000 | 28022 |
|  | SmarTone <br> Telecommunications <br> Holdings Ltd.<br>| 97500 | 60565 |
|  | Stella International <br> Holdings Ltd.<br>| 71000 | 150945 |
|  | Swire Pacific Ltd. (19 <br> HK), Class A<br>| 1500 | 12389 |
|  | Swire Pacific Ltd. (87 <br> HK), Class B<br>| 130000 | 192627 |
| \* | Television Broadcasts <br> Ltd.<br>| 78600 | 33554 |
|  | Texhong International <br> Group Ltd.<br>| 20500 | 12027 |
|  | Transport International <br> Holdings Ltd.<br>| 31994 | 44050 |
|  | Truly International <br> Holdings Ltd.<br>| 408000 | 59801 |
|  | United Laboratories <br> International <br> Holdings Ltd.<br>| 98000 | 158666 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
| \*†† | Untrade.Genting | 331000 | $0 |
|  | Vedan International <br> Holdings Ltd.<br>| 80000 | 6977 |
| \* | Viva Goods Co. Ltd. | 144000 | 10933 |
|  | VSTECS Holdings <br> Ltd.<br>| 192000 | 237725 |
| Ω | WH Group Ltd. | 717160 | 689848 |
| \* | Xingye Alloy Materials <br> Group Ltd.<br>| 84000 | 10740 |
| # | Xinyi Glass Holdings <br> Ltd.<br>| 265893 | 310969 |
|  | Yue Yuen Industrial <br> Holdings Ltd.<br>| 141000 | 258590 |
| TOTAL HONG KONG | TOTAL HONG KONG |  | 7640270 |
| HUNGARY — (0.0%) | HUNGARY — (0.0%) | HUNGARY — (0.0%) | HUNGARY — (0.0%) |
|  | Opus Global Nyrt | 12683 | 20607 |
|  | Richter Gedeon Nyrt | 10907 | 335980 |
| TOTAL HUNGARY | TOTAL HUNGARY |  | 356587 |
| INDIA — (5.7%) | INDIA — (5.7%) | INDIA — (5.7%) | INDIA — (5.7%) |
|  | 360 ONE WAM Ltd. | 3793 | 46302 |
| \* | 5Paisa Capital Ltd. | 1165 | 4112 |
|  | Aarti Drugs Ltd. | 8586 | 47420 |
|  | Aarti Industries Ltd. | 14835 | 63624 |
|  | Aarti Pharmalabs Ltd. | 6106 | 58257 |
|  | ACC Ltd. | 6854 | 144948 |
|  | ADF Foods Ltd. | 15440 | 38452 |
| \* | Aditya Birla Fashion & <br> Retail Ltd.<br>| 2501 | 2286 |
| \* | Aditya Birla Lifestyle <br> Brands Ltd.<br>| 2501 | 3766 |
|  | Aditya Birla Real <br> Estate Ltd.<br>| 3663 | 78007 |
|  | Advanced Enzyme <br> Technologies Ltd.<br>| 6791 | 23475 |
|  | Advent Hotels <br> International Pvt <br> Ltd.<br>| 1971 | 6943 |
|  | Aegis Logistics Ltd. | 24003 | 201697 |
| \* | Aether Industries Ltd. | 2879 | 24398 |
|  | AGI Greenpac Ltd. | 5757 | 53290 |
|  | Ahluwalia Contracts <br> India Ltd.<br>| 6104 | 65192 |
|  | AIA Engineering Ltd. | 2956 | 108662 |
|  | Ajmera Realty & Infra <br> India Ltd.<br>| 1289 | 15533 |
|  | Alembic Ltd. | 15848 | 17770 |
|  | Alembic <br> Pharmaceuticals <br> Ltd.<br>| 10543 | 106745 |
|  | Alkem Laboratories <br> Ltd.<br>| 4677 | 289012 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Allcargo Logistics Ltd. | 56988 | $22025 |
|  | Amara Raja Energy & <br> Mobility Ltd.<br>| 14426 | 163269 |
| \* | Amber Enterprises <br> India Ltd.<br>| 896 | 80995 |
|  | Anant Raj Ltd. | 19808 | 143599 |
|  | Angel One Ltd. | 6353 | 178554 |
| \*Ω | Antony Waste <br> Handling Cell Ltd.<br>| 1399 | 8564 |
|  | Anupam Rasayan <br> India Ltd.<br>| 1499 | 18038 |
|  | Apar Industries Ltd. | 1306 | 127464 |
|  | Apollo Micro Systems <br> Ltd.<br>| 14253 | 44513 |
|  | Apollo Tyres Ltd. | 71196 | 401814 |
|  | Arvind Fashions Ltd. | 7398 | 41841 |
|  | Arvind Ltd. | 42016 | 151458 |
|  | Asahi India Glass Ltd. | 4079 | 42341 |
|  | Ashiana Housing Ltd. | 6346 | 20014 |
|  | Ashok Leyland Ltd. | 358126 | 569788 |
| \* | Ashoka Buildcon Ltd. | 23322 | 53928 |
| Ω | Aster DM Healthcare <br> Ltd.<br>| 10861 | 82920 |
|  | Astra Microwave <br> Products Ltd.<br>| 5327 | 62578 |
|  | Atul Ltd. | 1576 | 102463 |
| Ω | AU Small Finance <br> Bank Ltd.<br>| 43937 | 433198 |
|  | AurionPro Solutions <br> Ltd.<br>| 2844 | 38675 |
|  | Aurobindo Pharma <br> Ltd.<br>| 62489 | 805189 |
|  | Automotive Axles Ltd. | 1036 | 19817 |
|  | Avadh Sugar & <br> Energy Ltd.<br>| 1685 | 8204 |
|  | Avanti Feeds Ltd. | 5833 | 45778 |
| \* | AWL Agri Business <br> Ltd.<br>| 19001 | 58603 |
| \* | Bajaj Consumer Care <br> Ltd.<br>| 14536 | 45360 |
|  | Bajaj Electricals Ltd. | 1194 | 6842 |
| \* | Bajaj Hindusthan <br> Sugar Ltd.<br>| 166818 | 41468 |
|  | Balkrishna Industries <br> Ltd.<br>| 7189 | 184902 |
|  | Balmer Lawrie & Co. <br> Ltd.<br>| 19246 | 43659 |
|  | Balrampur Chini Mills <br> Ltd.<br>| 29626 | 152895 |
|  | Banco Products India <br> Ltd.<br>| 15542 | 124217 |
| Ω | Bandhan Bank Ltd. | 86066 | 151519 |
|  | Bank of India | 114507 | 180508 |
|  | Bank of Maharashtra | 144375 | 96086 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Bannari Amman <br> Sugars Ltd.<br>| 902 | $36548 |
|  | BASF India Ltd. | 743 | 36901 |
|  | BEML Ltd. | 3201 | 158091 |
|  | Bhansali Engineering <br> Polymers Ltd.<br>| 18456 | 20494 |
|  | Bharat Bijlee Ltd. | 954 | 32493 |
|  | Bharat Heavy <br> Electricals Ltd.<br>| 11788 | 35085 |
|  | Bharat Rasayan Ltd. | 78 | 9507 |
|  | Biocon Ltd. | 18453 | 77490 |
|  | Birla Corp. Ltd. | 5252 | 69300 |
|  | Birlasoft Ltd. | 29082 | 121408 |
| \* | Bluspring Enterprises <br> Ltd.<br>| 5911 | 5365 |
|  | Bombay Burmah <br> Trading Co.<br>| 4849 | 108280 |
|  | Bombay Dyeing & <br> Manufacturing Co. <br> Ltd.<br>| 8453 | 15609 |
| \* | Borosil Ltd. | 2401 | 9244 |
| \* | Borosil Scientific Ltd. | 1800 | 2777 |
|  | Brigade Enterprises <br> Ltd.<br>| 16449 | 191878 |
| \* | Brightcom Group Ltd. | 163944 | 25128 |
|  | BSE Ltd. | 1788 | 49971 |
|  | Canara Bank | 473855 | 729060 |
| \* | Capacit'e Infraprojects <br> Ltd.<br>| 6332 | 20366 |
|  | Caplin Point <br> Laboratories Ltd.<br>| 2431 | 55507 |
|  | Carborundum <br> Universal Ltd.<br>| 11320 | 115140 |
|  | Care Ratings Ltd. | 4579 | 82426 |
| \* | Cartrade Tech Ltd. | 3719 | 125582 |
|  | Carysil Ltd. | 2666 | 28036 |
|  | CCL Products India <br> Ltd.<br>| 15057 | 146091 |
|  | Ceat Ltd. | 6015 | 272811 |
|  | Cello World Ltd. | 2449 | 18073 |
|  | Cemindia Projects <br> Ltd.<br>| 8815 | 80648 |
|  | Century Enka Ltd. | 3444 | 18014 |
|  | Cera Sanitaryware <br> Ltd.<br>| 639 | 44947 |
|  | Chambal Fertilisers & <br> Chemicals Ltd.<br>| 35567 | 192609 |
|  | CIE Automotive India <br> Ltd.<br>| 29639 | 143663 |
| \* | Cigniti Technologies <br> Ltd.<br>| 987 | 19164 |
|  | City Union Bank Ltd. | 65981 | 167455 |
|  | CMS Info Systems <br> Ltd.<br>| 19301 | 80945 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| Ω | Cochin Shipyard Ltd. | 2647 | $53363 |
|  | Container Corp. of <br> India Ltd.<br>| 27877 | 171711 |
|  | Coromandel <br> International Ltd.<br>| 10751 | 258585 |
|  | Cosmo First Ltd. | 3064 | 28627 |
|  | Craftsman Automation <br> Ltd.<br>| 803 | 60284 |
|  | Crompton Greaves <br> Consumer <br> Electricals Ltd.<br>| 62703 | 199639 |
| \* | CSB Bank Ltd. | 12622 | 58998 |
|  | Cyient Ltd. | 10755 | 141123 |
|  | Dalmia Bharat Ltd. | 15218 | 359494 |
|  | Datamatics Global <br> Services Ltd.<br>| 1756 | 18457 |
|  | DB Corp. Ltd. | 16814 | 50826 |
|  | DCB Bank Ltd. | 58753 | 104605 |
|  | DCM Shriram Ltd. | 7541 | 109001 |
|  | DCW Ltd. | 37568 | 26775 |
|  | Deep Industries Ltd. | 3225 | 17549 |
|  | Deepak Fertilisers & <br> Petrochemicals <br> Corp. Ltd.<br>| 14127 | 236623 |
|  | Deepak Nitrite Ltd. | 7169 | 139117 |
| \* | Delhivery Ltd. | 63856 | 335503 |
|  | Delta Corp. Ltd. | 20079 | 17614 |
|  | Dhanuka Agritech <br> Ltd.<br>| 3371 | 51803 |
| \* | Digitide Solutions Ltd. | 5911 | 10606 |
| Ω | Dilip Buildcon Ltd. | 7058 | 39323 |
| \* | Dishman Carbogen <br> Amcis Ltd.<br>| 7907 | 25949 |
|  | D-Link India Ltd. | 3902 | 20165 |
|  | Dodla Dairy Ltd. | 1918 | 27965 |
|  | Dollar Industries Ltd. | 4294 | 17282 |
|  | Dynacons Systems & <br> Solutions Ltd.<br>| 984 | 10187 |
|  | Dynamatic <br> Technologies Ltd.<br>| 192 | 17091 |
|  | eClerx Services Ltd. | 4806 | 256066 |
| \* | EID Parry India Ltd. | 19753 | 239246 |
|  | EIH Associated <br> Hotels<br>| 3616 | 15535 |
|  | EIH Ltd. | 35168 | 154334 |
|  | Electrosteel Castings <br> Ltd.<br>| 83544 | 85954 |
| \* | Embassy <br> Developments Ltd.<br>| 50487 | 53006 |
| Ω | Endurance <br> Technologies Ltd.<br>| 4145 | 132491 |
|  | Engineers India Ltd. | 58317 | 132165 |
|  | Epigral Ltd. | 1774 | 33748 |
|  | EPL Ltd. | 15818 | 35924 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \*Ω | Equitas Small Finance <br> Bank Ltd.<br>| 45351 | $29180 |
| Ω | Eris Lifesciences Ltd. | 7443 | 133865 |
|  | Escorts Kubota Ltd. | 7740 | 329456 |
| \* | Eureka Forbes Ltd. | 9641 | 60452 |
|  | Everest Industries <br> Ltd.<br>| 1612 | 10733 |
|  | Everest Kanto <br> Cylinder Ltd.<br>| 6320 | 10330 |
|  | Exide Industries Ltd. | 88153 | 379340 |
|  | Expleo Solutions Ltd. | 381 | 4339 |
|  | Fairchem Organics <br> Ltd.<br>| 633 | 5410 |
|  | FDC Ltd. | 11996 | 62642 |
|  | Federal Bank Ltd. | 390779 | 1040887 |
| \* | Federal-Mogul Goetze <br> India Ltd.<br>| 4153 | 21475 |
|  | FIEM Industries Ltd. | 1386 | 32524 |
|  | Fineotex Chemical <br> Ltd.<br>| 168500 | 56621 |
| \* | Fino Payments Bank <br> Ltd.<br>| 1795 | 5718 |
|  | Finolex Cables Ltd. | 14139 | 125264 |
|  | Finolex Industries Ltd. | 35312 | 74530 |
|  | Firstsource Solutions <br> Ltd.<br>| 58361 | 232644 |
|  | Force Motors Ltd. | 1050 | 209277 |
|  | Fortis Healthcare Ltd. | 6650 | 76714 |
|  | G R Infraprojects Ltd. | 2106 | 27614 |
|  | Gabriel India Ltd. | 7677 | 109797 |
|  | GAIL India Ltd. (GAIL <br> IN)<br>| 14437 | 29612 |
|  | Galaxy Surfactants <br> Ltd.<br>| 1586 | 39810 |
|  | Ganesh Housing Ltd. | 2638 | 24611 |
|  | Garware Hi-Tech <br> Films Ltd.<br>| 970 | 37105 |
|  | Garware Technical <br> Fibres Ltd.<br>| 2745 | 23576 |
|  | Gateway Distriparks <br> Ltd.<br>| 56436 | 40633 |
|  | GE Vernova T&D <br> India Ltd.<br>| 1853 | 63266 |
| \* | Genesys International <br> Corp. Ltd.<br>| 1641 | 9362 |
|  | Genus Power <br> Infrastructures Ltd.<br>| 3184 | 12115 |
|  | Geojit Financial <br> Services Ltd.<br>| 15370 | 12814 |
|  | GHCL Ltd. | 16967 | 121665 |
| Ω | Gland Pharma Ltd. | 5676 | 123343 |
|  | Glenmark <br> Pharmaceuticals <br> Ltd.<br>| 23735 | 505414 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Globus Spirits Ltd. | 1633 | $21336 |
|  | GMM Pfaudler Ltd. | 3384 | 49220 |
|  | Godawari Power & <br> Ispat Ltd.<br>| 61950 | 196559 |
|  | Godfrey Phillips India <br> Ltd.<br>| 1974 | 68500 |
| Ω | Godrej Agrovet Ltd. | 7864 | 58875 |
| \* | Godrej Industries Ltd. | 3413 | 42687 |
|  | Goldiam International <br> Ltd.<br>| 4691 | 18893 |
|  | Granules India Ltd. | 32878 | 209670 |
|  | Graphite India Ltd. | 11951 | 83823 |
|  | Grauer & Weil India <br> Ltd.<br>| 9585 | 9149 |
|  | Great Eastern <br> Shipping Co. Ltd. <br>| 27406 | 338813 |
|  | Greaves Cotton Ltd. | 14545 | 37309 |
|  | Greenpanel Industries <br> Ltd.<br>| 9316 | 30024 |
|  | Greenply Industries <br> Ltd.<br>| 10082 | 34637 |
|  | Gujarat Alkalies & <br> Chemicals Ltd.<br>| 6164 | 39696 |
|  | Gujarat Ambuja <br> Exports Ltd.<br>| 24560 | 29175 |
|  | Gujarat <br> Fluorochemicals <br> Ltd.<br>| 598 | 25224 |
|  | Gujarat Mineral <br> Development Corp. <br> Ltd.<br>| 10076 | 67227 |
|  | Gujarat Narmada <br> Valley Fertilizers & <br> Chemicals Ltd.<br>| 13417 | 75887 |
|  | Gujarat Pipavav Port <br> Ltd.<br>| 32651 | 61276 |
|  | Gujarat State Petronet <br> Ltd.<br>| 54819 | 190952 |
|  | Gulf Oil Lubricants <br> India Ltd.<br>| 1725 | 24019 |
|  | Happiest Minds <br> Technologies Ltd.<br>| 3413 | 19782 |
| Ω | Harsha Engineers <br> Ltd.<br>| 1758 | 7957 |
|  | HBL Engineering Ltd. | 5859 | 66116 |
| \* | HealthCare Global <br> Enterprises Ltd.<br>| 5716 | 48084 |
|  | HEG Ltd. | 11285 | 74829 |
|  | HeidelbergCement <br> India Ltd.<br>| 10024 | 22116 |
|  | Heritage Foods Ltd. | 8870 | 48200 |
|  | Hero MotoCorp Ltd. <br> (HMCL IN)<br>| 16210 | 1012928 |
|  | HFCL Ltd. | 147411 | 121852 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | HG Infra Engineering <br> Ltd.<br>| 2873 | $29744 |
|  | Hikal Ltd. | 9005 | 24232 |
|  | Himadri Speciality <br> Chemical Ltd.<br>| 6884 | 37220 |
|  | Himatsingka Seide <br> Ltd.<br>| 11567 | 16151 |
|  | Hindustan Copper <br> Ltd.<br>| 9107 | 34862 |
| \* | Hindware Home <br> Innovation Ltd.<br>| 4100 | 16993 |
|  | Honda India Power <br> Products Ltd.<br>| 598 | 17573 |
|  | HPL Electric & Power <br> Ltd.<br>| 1673 | 8340 |
|  | Huhtamaki India Ltd. | 2798 | 7679 |
|  | ICRA Ltd. | 909 | 65537 |
|  | IDFC First Bank Ltd. | 631881 | 581318 |
| \* | IFB Industries Ltd. | 1844 | 38838 |
|  | IIFL Capital Services <br> Ltd.<br>| 26423 | 102125 |
| \* | Imagicaaworld <br> Entertainment Ltd.<br>| 18907 | 11025 |
| \* | India Cements Ltd. | 20705 | 93595 |
|  | India Glycols Ltd. | 6864 | 74718 |
|  | Indian Bank | 62818 | 607665 |
|  | Indian Metals & Ferro <br> Alloys Ltd.<br>| 4203 | 56835 |
|  | Indigo Paints Ltd. | 3085 | 34869 |
|  | Indo Count Industries <br> Ltd.<br>| 12207 | 39150 |
| \* | Indus Towers Ltd. | 205985 | 845155 |
| \* | Infibeam Avenues <br> Ltd.<br>| 217178 | 44268 |
| \* | Inox Green Energy <br> Services Ltd.<br>| 7814 | 23561 |
| \* | Inox Wind Ltd. | 42272 | 73661 |
| \* | Insecticides India Ltd. | 407 | 3316 |
|  | Intellect Design Arena <br> Ltd.<br>| 12705 | 161297 |
|  | IOL Chemicals & <br> Pharmaceuticals <br> Ltd.<br>| 29995 | 31198 |
|  | ION Exchange India <br> Ltd.<br>| 2188 | 9859 |
|  | Ipca Laboratories Ltd. | 18285 | 261532 |
| Ω | IRCON International <br> Ltd.<br>| 51030 | 97356 |
|  | ISGEC Heavy <br> Engineering Ltd.<br>| 3339 | 32928 |
|  | J Kumar Infraprojects <br> Ltd.<br>| 9206 | 68579 |
| \* | Jai Balaji Industries <br> Ltd.<br>| 7814 | 8302 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Jai Corp. Ltd. | 7863 | $14607 |
| \* | Jain Irrigation <br> Systems Ltd.<br>| 38893 | 22473 |
|  | Jammu & Kashmir <br> Bank Ltd. <br>| 63698 | 76104 |
|  | Jamna Auto Industries <br> Ltd.<br>| 20611 | 21965 |
|  | Jindal Saw Ltd. | 87881 | 173727 |
|  | Jindal Stainless Ltd. | 106897 | 907442 |
|  | Jindal Steel Ltd. | 6259 | 75258 |
|  | JK Cement Ltd. | 4986 | 349784 |
|  | JK Lakshmi Cement <br> Ltd.<br>| 14023 | 137469 |
|  | JK Paper Ltd. | 21843 | 98187 |
|  | JK Tyre & Industries <br> Ltd.<br>| 17886 | 86809 |
|  | JSW Energy Ltd. | 4638 | 27567 |
|  | JTEKT India Ltd. | 12988 | 22811 |
|  | Jubilant Ingrevia Ltd. | 13841 | 107509 |
|  | Jubilant Pharmova <br> Ltd.<br>| 14481 | 177725 |
|  | Jupiter Wagons Ltd. | 6564 | 23755 |
|  | Jyothy Labs Ltd. | 6514 | 23103 |
|  | Kajaria Ceramics Ltd. | 7874 | 106523 |
|  | Kalpataru Projects <br> International Ltd.<br>| 17626 | 249200 |
|  | Kalyani Steels Ltd. | 7765 | 75808 |
|  | Kansai Nerolac Paints <br> Ltd.<br>| 24754 | 69443 |
|  | Karnataka Bank Ltd.  | 57840 | 116904 |
|  | Karur Vysya Bank Ltd. <br>| 120586 | 330824 |
|  | Kaveri Seed Co. Ltd. | 4405 | 51702 |
|  | KCP Ltd.  | 19493 | 44791 |
|  | KDDL Ltd. | 906 | 25537 |
|  | KEC International Ltd. | 21838 | 200954 |
| \* | Kellton Tech Solutions <br> Ltd.<br>| 67465 | 16668 |
|  | Kewal Kiran Clothing <br> Ltd.<br>| 1257 | 7319 |
|  | Kirloskar Brothers <br> Ltd.<br>| 2320 | 49053 |
|  | Kirloskar Ferrous <br> Industries Ltd.<br>| 9588 | 55472 |
|  | Kirloskar Oil Engines <br> Ltd.<br>| 10569 | 118939 |
|  | Kitex Garments Ltd. | 15081 | 35440 |
|  | KNR Constructions <br> Ltd.<br>| 21233 | 43416 |
| \* | Kolte-Patil Developers <br> Ltd.<br>| 5519 | 26634 |
|  | Kovai Medical Center <br> & Hospital Ltd.<br>| 843 | 60810 |
|  | KPR Mill Ltd. | 2215 | 26662 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | KRBL Ltd. | 13877 | $58368 |
|  | Krsnaa Diagnostics <br> Ltd.<br>| 4079 | 35664 |
|  | LA Opala RG Ltd. | 3700 | 9564 |
| Ω | Laurus Labs Ltd. | 15766 | 169572 |
|  | Laxmi Organic <br> Industries Ltd.<br>| 5571 | 12246 |
|  | LG Balakrishnan & <br> Bros Ltd.<br>| 7187 | 114929 |
|  | LMW Ltd. | 568 | 100612 |
|  | LT Foods Ltd. | 48564 | 229930 |
|  | Lumax Auto <br> Technologies Ltd.<br>| 4253 | 54117 |
|  | Lupin Ltd. | 27408 | 608757 |
|  | LUX Industries Ltd. | 1652 | 23792 |
|  | Maharashtra <br> Seamless Ltd.<br>| 13036 | 83496 |
|  | Mahindra Lifespace <br> Developers Ltd.<br>| 20814 | 90558 |
| \* | Man Industries India <br> Ltd.<br>| 2236 | 10387 |
|  | Man Infraconstruction <br> Ltd.<br>| 15353 | 25651 |
|  | Marksans Pharma <br> Ltd.<br>| 59055 | 121704 |
|  | Mastek Ltd. | 2731 | 65768 |
| \* | Max Estates Ltd. | 751 | 3964 |
|  | Mayur Uniquoters <br> Ltd.<br>| 2063 | 12518 |
| \* | Medplus Health <br> Services Ltd.<br>| 6712 | 57552 |
|  | Minda Corp. Ltd. | 16296 | 103452 |
| Ω | Mishra Dhatu Nigam <br> Ltd.<br>| 8726 | 37727 |
|  | MOIL Ltd. | 3217 | 13250 |
|  | Monte Carlo Fashions <br> Ltd.<br>| 1211 | 9547 |
|  | Morepen Laboratories <br> Ltd.<br>| 60453 | 32405 |
|  | Mphasis Ltd. | 13460 | 417710 |
|  | MRF Ltd. | 454 | 807619 |
|  | MSTC Ltd. | 4067 | 24734 |
|  | Natco Pharma Ltd. | 11527 | 106362 |
|  | National Aluminium <br> Co. Ltd.<br>| 201774 | 531211 |
|  | National Fertilizers <br> Ltd.<br>| 13589 | 14319 |
|  | Nava Ltd. | 27486 | 191527 |
|  | Navneet Education <br> Ltd.<br>| 18140 | 32944 |
| \* | Nazara Technologies <br> Ltd.<br>| 17244 | 51612 |
|  | NCC Ltd. | 97963 | 234833 |
|  | NCL Industries Ltd. | 5315 | 11807 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Neogen Chemicals <br> Ltd.<br>| 997 | $16167 |
|  | NESCO Ltd. | 3968 | 61321 |
|  | Neuland Laboratories <br> Ltd.<br>| 281 | 52345 |
|  | Newgen Software <br> Technologies Ltd.<br>| 3569 | 39011 |
|  | NIIT Learning <br> Systems Ltd.<br>| 10780 | 39802 |
|  | NIIT Ltd. | 10780 | 12656 |
|  | Nilkamal Ltd. | 1432 | 24348 |
| Ω | Nippon Life India <br> Asset Management <br> Ltd.<br>| 4729 | 46577 |
|  | Nitin Spinners Ltd. | 3133 | 11809 |
|  | NMDC Ltd. | 497718 | 424096 |
| \* | NMDC Steel Ltd. | 106512 | 51481 |
|  | NOCIL Ltd. | 9685 | 20162 |
|  | Novartis India Ltd. | 1209 | 11786 |
|  | NRB Bearings Ltd. | 7863 | 24243 |
|  | Oberoi Realty Ltd. | 18539 | 370919 |
| \* | Onesource Specialty <br> Pharma Ltd.<br>| 5884 | 122557 |
|  | Oracle Financial <br> Services Software <br> Ltd.<br>| 263 | 25235 |
| \* | Orchid Pharma Ltd. | 2260 | 18467 |
|  | Orient Cement Ltd. | 17026 | 41074 |
| \* | Orient Green Power <br> Co. Ltd.<br>| 169101 | 26691 |
|  | Panama Petrochem <br> Ltd.<br>| 2894 | 8697 |
| Ω | Parag Milk Foods Ltd., <br> Class F<br>| 6480 | 22684 |
| \* | Paramount <br> Communications <br> Ltd.<br>| 19967 | 9726 |
|  | Patanjali Foods Ltd. | 17506 | 118808 |
| \* | Patel Engineering <br> Ltd.<br>| 80785 | 33947 |
| \* | PC Jeweller Ltd. | 626910 | 82166 |
|  | PCBL Chemical Ltd. | 13594 | 55384 |
|  | Pearl Global <br> Industries Ltd.<br>| 2201 | 32493 |
| \* | Pennar Industries Ltd. | 9782 | 28790 |
|  | Petronet LNG Ltd. | 172886 | 547339 |
|  | PG Electroplast Ltd. | 3363 | 21615 |
|  | Phoenix Mills Ltd.  | 13226 | 251789 |
|  | Piramal Pharma Ltd. | 80418 | 181737 |
|  | Pitti Engineering Ltd. | 1949 | 20628 |
|  | PNC Infratech Ltd. | 13859 | 43761 |
|  | Pokarna Ltd. | 824 | 8444 |
|  | Polyplex Corp. Ltd. | 2597 | 27929 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Power Mech Projects <br> Ltd.<br>| 2568 | $72001 |
|  | Praj Industries Ltd. | 10786 | 40905 |
|  | Prakash Industries <br> Ltd.<br>| 25349 | 46804 |
| Ω | Prataap Snacks Ltd. | 1310 | 16174 |
|  | Precision Wires India <br> Ltd.<br>| 3694 | 9363 |
|  | Prestige Estates <br> Projects Ltd.<br>| 6423 | 126675 |
| \* | Pricol Ltd. | 10026 | 59694 |
| \* | Prism Johnson Ltd. | 29365 | 50178 |
| \* | PSP Projects Ltd. | 1511 | 15676 |
|  | Punjab National Bank | 35137 | 48594 |
| \* | Puravankara Ltd. | 13056 | 39241 |
| \* | PVR Inox Ltd. | 9953 | 134706 |
| Ω | Quess Corp. Ltd. | 5911 | 15958 |
|  | R Systems <br> International Ltd.<br>| 2964 | 14287 |
|  | Railtel Corp. of India <br> Ltd.<br>| 13873 | 57425 |
|  | Rain Industries Ltd. | 29680 | 44591 |
|  | Rallis India Ltd. | 11726 | 34088 |
| \* | Rama Steel Tubes <br> Ltd.<br>| 113836 | 13107 |
|  | Ramco Cements Ltd. | 16989 | 198423 |
| \* | Ramco Systems Ltd. | 3976 | 27961 |
|  | Ramkrishna Forgings <br> Ltd.<br>| 7311 | 44625 |
| \* | Ramky Infrastructure <br> Ltd.<br>| 995 | 7097 |
|  | Rane Holdings Ltd. | 375 | 6509 |
|  | Rashtriya Chemicals <br> & Fertilizers Ltd.<br>| 39338 | 65987 |
| \* | Rategain Travel <br> Technologies Ltd.<br>| 8402 | 60301 |
|  | Ratnamani Metals & <br> Tubes Ltd.<br>| 2305 | 62666 |
| \* | RattanIndia Power <br> Ltd.<br>| 558890 | 68752 |
| \* | Raymond Lifestyle <br> Ltd.<br>| 7948 | 105752 |
| \* | Raymond Ltd. | 9936 | 64416 |
| \* | Raymond Realty Ltd. | 9936 | 69124 |
| Ω | RBL Bank Ltd. | 66068 | 242546 |
|  | Redington Ltd. | 131696 | 377060 |
|  | Redtape Ltd. | 18116 | 27750 |
| \* | Reliance Power Ltd. | 583182 | 303066 |
| \* | Religare Enterprises <br> Ltd.<br>| 6600 | 19634 |
|  | Rhi Magnesita India <br> Ltd.<br>| 4370 | 23624 |
|  | Rico Auto Industries <br> Ltd.<br>| 16938 | 15878 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | RITES Ltd. | 22156 | $61125 |
|  | Rossari Biotech Ltd. | 1724 | 12420 |
| \* | RPSG Ventures Ltd. | 1941 | 17969 |
|  | Rupa & Co. Ltd. | 3253 | 7196 |
| \* | Sagar Cements Ltd. | 4091 | 10346 |
|  | Saksoft Ltd. | 4201 | 9244 |
|  | Sandhar Technologies <br> Ltd.<br>| 2664 | 15332 |
|  | Sanghvi Movers Ltd. | 5982 | 26676 |
| Ω | Sansera Engineering <br> Ltd.<br>| 5079 | 85979 |
| \* | Sapphire Foods India <br> Ltd.<br>| 2930 | 9472 |
|  | Sarda Energy & <br> Minerals Ltd.<br>| 27610 | 164553 |
|  | Saregama India Ltd. | 8686 | 44279 |
|  | Sasken Technologies <br> Ltd.<br>| 712 | 11015 |
|  | Savita Oil <br> Technologies Ltd.<br>| 5680 | 25355 |
| \* | SEAMEC Ltd. | 1481 | 14932 |
|  | Senco Gold Ltd. | 5587 | 20439 |
| \* | SEPC Ltd. | 18676 | 1464 |
|  | Seshasayee Paper & <br> Boards Ltd.<br>| 7419 | 21345 |
| Ω | SH Kelkar & Co. Ltd. | 11863 | 29474 |
| \* | Shalby Ltd. | 4342 | 11690 |
|  | Shankara Building <br> Products Ltd.<br>| 2556 | 4029 |
|  | Shankara Buildpro <br> Ltd.<br>| 2556 | 21177 |
|  | Sharda Cropchem <br> Ltd.<br>| 4998 | 48689 |
|  | Sharda Motor <br> Industries Ltd.<br>| 3666 | 42801 |
| \* | Sheela Foam Ltd. | 4989 | 39084 |
|  | Shilpa Medicare Ltd. | 11440 | 45317 |
|  | Shipping Corp. of <br> India Ltd.<br>| 32265 | 94125 |
|  | Shriram Pistons & <br> Rings Ltd.<br>| 1777 | 52281 |
|  | Shyam Metalics & <br> Energy Ltd.<br>| 3531 | 35053 |
| \* | SIS Ltd. | 5084 | 19110 |
|  | Siyaram Silk Mills <br> Ltd.<br>| 2895 | 24583 |
|  | SJS Enterprises Ltd. | 4186 | 75914 |
|  | Skipper Ltd. | 4131 | 24281 |
|  | Sobha Ltd. | 2224 | 40551 |
| \* | Solara Active Pharma <br> Sciences Ltd.<br>| 2901 | 19685 |
|  | Somany Ceramics <br> Ltd.<br>| 2168 | 11132 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| Ω | Sona Blw Precision <br> Forgings Ltd.<br>| 12189 | $64984 |
|  | South Indian Bank <br> Ltd.<br>| 466277 | 193227 |
|  | SP Apparels Ltd. | 1244 | 10383 |
|  | Star Cement Ltd. | 16744 | 48256 |
| \* | Star Health & Allied <br> Insurance Co. Ltd.<br>| 24427 | 136295 |
|  | Steel Authority of India <br> Ltd.<br>| 210166 | 322881 |
| \* | Sterlite Technologies <br> Ltd.<br>| 17996 | 23794 |
|  | Stove Kraft Ltd. | 1082 | 9499 |
|  | Strides Pharma <br> Science Ltd.<br>| 8765 | 91878 |
| \* | Stylam Industries Ltd. | 626 | 14380 |
|  | Styrenix Performance <br> Materials Ltd.<br>| 248 | 6601 |
|  | Subros Ltd. | 5228 | 63738 |
|  | Sudarshan Chemical <br> Industries Ltd.<br>| 6005 | 77622 |
|  | Sun TV Network Ltd. | 19125 | 120866 |
|  | Sundram Fasteners <br> Ltd.<br>| 10417 | 110997 |
|  | Sunteck Realty Ltd. | 7803 | 38811 |
|  | Suprajit Engineering <br> Ltd.<br>| 16483 | 82801 |
|  | Supreme Petrochem <br> Ltd.<br>| 12254 | 103584 |
|  | Supriya Lifescience <br> Ltd.<br>| 2326 | 20349 |
|  | Surya Roshni Ltd. | 19276 | 63763 |
| \* | Suryoday Small <br> Finance Bank Ltd.<br>| 12586 | 21579 |
|  | Swan Corp. Ltd. | 2927 | 15528 |
| \* | Syncom Formulations <br> India Ltd.<br>| 104785 | 19332 |
| Ω | Syngene International <br> Ltd.<br>| 22882 | 168049 |
|  | Talbros Automotive <br> Components Ltd.<br>| 2713 | 8927 |
|  | Tamilnad Mercantile <br> Bank Ltd.<br>| 7104 | 39492 |
|  | Tanla Platforms Ltd. | 6774 | 46645 |
|  | Tata Chemicals Ltd. | 27771 | 278876 |
|  | Tata Consumer <br> Products Ltd.<br>| 5181 | 67853 |
|  | Tata Steel Ltd. | 15585 | 32085 |
|  | TD Power Systems <br> Ltd.<br>| 7526 | 64144 |
|  | Techno Electric & <br> Engineering Co. <br> Ltd.<br>| 12283 | 183887 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Technocraft Industries <br> India Ltd.<br>| 456 | $12485 |
|  | Texmaco Rail & <br> Engineering Ltd.<br>| 63696 | 97983 |
|  | Thirumalai Chemicals <br> Ltd.<br>| 11355 | 36177 |
|  | Thomas Cook India <br> Ltd.<br>| 36783 | 66334 |
|  | Time Technoplast Ltd. | 59778 | 145334 |
|  | Titagarh Rail System <br> Ltd.<br>| 9168 | 91403 |
| \* | TransIndia Real <br> Estate Ltd.<br>| 14247 | 4637 |
|  | Transport Corp. of <br> India Ltd.<br>| 6289 | 84827 |
|  | Trident Ltd. | 241317 | 77695 |
|  | Triveni Engineering & <br> Industries Ltd.<br>| 13982 | 56340 |
|  | TTK Prestige Ltd. | 5500 | 41719 |
|  | TVS Holdings Ltd. | 158 | 26975 |
|  | TVS Srichakra Ltd. | 1006 | 46879 |
| \* | TVS Supply Chain <br> Solutions Ltd.<br>| 13979 | 20275 |
|  | Uflex Ltd. | 8126 | 49514 |
| \*Ω | Ujjivan Small Finance <br> Bank Ltd.<br>| 137692 | 80509 |
| \* | Unichem Laboratories <br> Ltd.<br>| 7286 | 38820 |
|  | Union Bank of India <br> Ltd.<br>| 214347 | 358138 |
|  | UPL Ltd. | 102160 | 826240 |
|  | Usha Martin Ltd. | 39122 | 203410 |
|  | UTI Asset <br> Management Co. <br> Ltd.<br>| 7033 | 98908 |
|  | VA Tech Wabag Ltd. | 10705 | 170038 |
|  | Vadilal Industries Ltd. | 126 | 7520 |
|  | Vaibhav Global Ltd. | 4105 | 12367 |
| \* | Valor Estate Ltd. | 19709 | 33012 |
|  | Vardhman Textiles <br> Ltd.<br>| 21782 | 107663 |
| Ω | Varroc Engineering <br> Ltd.<br>| 8500 | 58651 |
|  | Veedol Corp. Ltd. | 438 | 8724 |
|  | Venky's India Ltd. | 591 | 10060 |
|  | Vesuvius India Ltd. | 8210 | 45573 |
|  | Vimta Labs Ltd. | 3740 | 30416 |
|  | Vindhya Telelinks Ltd. | 1643 | 25139 |
|  | Vintage Coffee & <br> Beverages Ltd.<br>| 8973 | 16614 |
|  | Vishnu Chemicals <br> Ltd.<br>| 3034 | 17706 |
| \* | Vodafone Idea Ltd. | 408926 | 40178 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Voltamp Transformers <br> Ltd.<br>| 739 | $61849 |
|  | Voltas Ltd. | 1720 | 26721 |
|  | VRL Logistics Ltd. | 6226 | 19609 |
|  | VST Industries Ltd. | 10021 | 29429 |
|  | VST Tillers Tractors <br> Ltd.<br>| 936 | 63228 |
|  | Welspun Corp. Ltd. | 29234 | 317232 |
|  | Welspun Enterprises <br> Ltd.<br>| 16081 | 101474 |
|  | Welspun Living Ltd. | 48336 | 70308 |
|  | West Coast Paper <br> Mills Ltd.<br>| 10379 | 53065 |
|  | Whirlpool of India Ltd. | 5300 | 82811 |
| \* | Wockhardt Ltd. | 10071 | 145044 |
|  | Wonderla Holidays <br> Ltd.<br>| 2335 | 15010 |
| \* | Yes Bank Ltd. | 1685230 | 432291 |
|  | Zee Entertainment <br> Enterprises Ltd.<br>| 121377 | 137147 |
|  | Zensar Technologies <br> Ltd.<br>| 21007 | 188189 |
|  | Zydus Lifesciences <br> Ltd.<br>| 3477 | 38266 |
|  | Zydus Wellness Ltd. | 11500 | 61855 |
| TOTAL INDIA | TOTAL INDIA |  | 46799189 |
| INDONESIA — (0.4%) | INDONESIA — (0.4%) | INDONESIA — (0.4%) | INDONESIA — (0.4%) |
|  | ABM Investama Tbk. <br> PT<br>| 132000 | 23485 |
|  | Adi Sarana Armada <br> Tbk. PT<br>| 319400 | 20436 |
|  | AKR Corporindo Tbk. <br> PT<br>| 500200 | 36716 |
|  | Alamtri Minerals <br> Indonesia Tbk. PT<br>| 577100 | 48372 |
|  | Aneka Tambang Tbk. <br> PT<br>| 495000 | 92074 |
|  | Aspirasi Hidup <br> Indonesia Tbk. PT<br>| 864100 | 23056 |
|  | Astra Agro Lestari <br> Tbk. PT<br>| 50800 | 23835 |
|  | Astra Otoparts Tbk. <br> PT<br>| 172500 | 26459 |
|  | Bank BTPN Syariah <br> Tbk. PT<br>| 206200 | 16972 |
| \* | Bank Capital <br> Indonesia Tbk. PT<br>| 991200 | 8224 |
| \* | Bank China <br> Construction Bank <br> Indonesia Tbk. PT<br>| 2929400 | 12867 |
|  | Bank Maybank <br> Indonesia Tbk. PT<br>| 2873800 | 35591 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
| \* | Bank Neo Commerce <br> Tbk. PT<br>| 742900 | $17342 |
|  | Bank OCBC Nisp Tbk. <br> PT<br>| 566200 | 46785 |
|  | Bank Pan Indonesia <br> Tbk. PT<br>| 802200 | 49742 |
|  | Bank Pembangunan <br> Daerah Jawa Barat <br> Dan Banten Tbk. <br> PT<br>| 454300 | 21991 |
|  | Bank Pembangunan <br> Daerah Jawa Timur <br> Tbk. PT<br>| 853700 | 27974 |
|  | Bank Tabungan <br> Negara Persero <br> Tbk. PT<br>| 475600 | 34972 |
|  | BISI International Tbk. <br> PT<br>| 236900 | 12672 |
|  | Blue Bird Tbk. PT | 151800 | 16158 |
| \* | Buana Lintas Lautan <br> Tbk. PT<br>| 4051500 | 53006 |
|  | Bukit Asam Tbk. PT | 610900 | 88107 |
| \* | Bumi Resources <br> Minerals Tbk. PT<br>| 1682000 | 92926 |
| \* | Bumi Resources Tbk. <br> PT<br>| 1597100 | 13619 |
| \* | Bumi Serpong Damai <br> Tbk. PT<br>| 712300 | 41877 |
|  | Ciputra Development <br> Tbk. PT<br>| 1588386 | 84378 |
|  | Dharma Satya <br> Nusantara Tbk. PT<br>| 494300 | 56086 |
|  | Elnusa Tbk. PT | 1110000 | 34069 |
| \* | Energi Mega Persada <br> Tbk. PT<br>| 1184000 | 58749 |
|  | Erajaya Swasembada <br> Tbk. PT<br>| 1768000 | 45044 |
|  | ESSA Industries <br> Indonesia Tbk. PT<br>| 990700 | 36617 |
|  | Gajah Tunggal Tbk. <br> PT<br>| 310300 | 19408 |
|  | Gudang Garam Tbk. <br> PT<br>| 41100 | 42768 |
| \* | Harum Energy Tbk. <br> PT<br>| 433500 | 30468 |
|  | Indah Kiat Pulp & <br> Paper Tbk. PT<br>| 327400 | 146425 |
|  | Indika Energy Tbk. <br> PT<br>| 277800 | 34871 |
|  | Indo Tambangraya <br> Megah Tbk. PT<br>| 62200 | 87839 |
|  | Indocement Tunggal <br> Prakarsa Tbk. PT<br>| 42300 | 15879 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Indofood CBP Sukses <br> Makmur Tbk. PT<br>| 39200 | $20486 |
|  | Indofood Sukses <br> Makmur Tbk. PT<br>| 628200 | 279558 |
|  | Indomobil Sukses <br> Internasional Tbk. <br> PT<br>| 319500 | 22110 |
|  | Japfa Comfeed <br> Indonesia Tbk. PT<br>| 814200 | 122715 |
|  | Kawasan Industri <br> Jababeka Tbk. PT<br>| 2730400 | 31329 |
|  | Map Aktif Adiperkasa <br> PT<br>| 380000 | 15956 |
|  | Medco Energi <br> Internasional Tbk. <br> PT<br>| 1528372 | 122303 |
| \* | Merdeka Battery <br> Materials Tbk. PT<br>| 514500 | 19440 |
|  | Mitra Adiperkasa Tbk. <br> PT<br>| 704400 | 54562 |
| \* | MNC Tourism <br> Indonesia Tbk. PT<br>| 12976900 | 113799 |
|  | Pabrik Kertas Tjiwi <br> Kimia Tbk. PT<br>| 145800 | 61050 |
|  | Pakuwon Jati Tbk. PT | 2336700 | 51637 |
| \* | Paninvest Tbk. PT | 264900 | 12823 |
| \* | PP Persero Tbk. PT | 558300 | 12810 |
|  | Puradelta Lestari Tbk. <br> PT<br>| 1465600 | 11709 |
| \*†† | Rimo International <br> Lestari Tbk. PT<br>| 4191900 | 0 |
|  | Salim Ivomas Pratama <br> Tbk. PT<br>| 511500 | 19191 |
|  | Sampoerna Agro Tbk. <br> PT<br>| 68700 | 20751 |
|  | Sarana Menara <br> Nusantara Tbk. PT<br>| 637400 | 20861 |
|  | Semen Indonesia <br> Persero Tbk. PT<br>| 337447 | 55905 |
| \*†† | Sri Rejeki Isman Tbk. <br> PT<br>| 1787400 | 0 |
|  | Steel Pipe Industry of <br> Indonesia PT<br>| 497300 | 12793 |
|  | Summarecon Agung <br> Tbk. PT<br>| 1756804 | 41343 |
|  | Surya Citra Media <br> Tbk. PT<br>| 1942800 | 39398 |
|  | Surya Semesta <br> Internusa Tbk. PT<br>| 851700 | 79791 |
|  | Tempo Scan Pacific <br> Tbk. PT<br>| 117300 | 20100 |
|  | Timah Tbk. PT | 437900 | 70258 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
| \*†† | Trada Alam Minera <br> Tbk. PT<br>| 3776600 | $0 |
| \* | Trimegah Sekuritas <br> Indonesia Tbk. PT<br>| 1532700 | 48364 |
|  | Triputra Agro Persada <br> PT<br>| 743600 | 84107 |
|  | Tunas Baru Lampung <br> Tbk. PT<br>| 438185 | 19622 |
|  | Ultrajaya Milk Industry <br> & Trading Co. Tbk. <br> PT<br>| 123800 | 11168 |
|  | United Tractors Tbk. <br> PT<br>| 196100 | 317070 |
| \*†† | Waskita Karya <br> Persero Tbk. PT<br>| 697000 | 1588 |
|  | XLSMART Telecom <br> Sejahtera Tbk. PT<br>| 671193 | 105301 |
| TOTAL INDONESIA | TOTAL INDONESIA |  | 3497757 |
| IRELAND — (1.2%) | IRELAND — (1.2%) | IRELAND — (1.2%) | IRELAND — (1.2%) |
|  | AIB Group PLC | 372778 | 3435643 |
|  | Bank of Ireland Group <br> PLC<br>| 316637 | 5184283 |
|  | Cairn Homes PLC | 192687 | 428163 |
|  | Dalata Hotel Group <br> PLC<br>| 63536 | 471329 |
|  | FBD Holdings PLC <br> (FBD ID)<br>| 9012 | 150750 |
| \*Ω | Glenveagh Properties <br> PLC<br>| 7270 | 15980 |
| \* | Permanent TSB <br> Group Holdings <br> PLC<br>| 12453 | 41732 |
| TOTAL IRELAND | TOTAL IRELAND |  | 9727880 |
| ISRAEL — (1.1%) | ISRAEL — (1.1%) | ISRAEL — (1.1%) | ISRAEL — (1.1%) |
| \* | Accel Solutions Group <br> Ltd.<br>| 21177 | 10690 |
|  | Ackerstein Group Ltd. | 9863 | 29368 |
|  | Afcon Holdings Ltd. | 760 | 64991 |
|  | Africa Israel <br> Residences Ltd.<br>| 912 | 79422 |
|  | Alrov Properties & <br> Lodgings Ltd.<br>| 1983 | 178115 |
| # | Altshuler Shaham <br> Finance Ltd.<br>| 9407 | 24878 |
|  | Ashtrom Group Ltd. | 7012 | 160199 |
|  | AudioCodes Ltd. <br> (AUDC US)<br>| 8280 | 73940 |
| \* | Avgol Industries 1953 <br> Ltd.<br>| 17326 | 7329 |
|  | Ayalon Holdings Ltd. | 568 | 11966 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Azorim-Investment <br> Development & <br> Construction Co. <br> Ltd.<br>| 25215 | $168886 |
|  | Carasso Motors Ltd. | 6480 | 77854 |
|  | Carasso Real Estate <br> Ltd.<br>| 994 | 11867 |
| \* | Cellcom Israel Ltd. <br> (CEL IT)<br>| 25746 | 268391 |
| \* | Cellcom Israel Ltd. <br> (CELJF US)<br>| 11396 | 117892 |
|  | Clal Insurance <br> Enterprises <br> Holdings Ltd.<br>| 21193 | 1178441 |
|  | Delek Automotive <br> Systems Ltd.<br>| 8705 | 73229 |
|  | Delta Galil Ltd. | 2465 | 137626 |
|  | Diplomat Holdings <br> Ltd.<br>| 576 | 9119 |
|  | Dor Alon Energy in <br> Israel 1988 Ltd.<br>| 1112 | 50122 |
| \* | Doral Group <br> Renewable Energy <br> Resources Ltd.<br>| 17313 | 124031 |
|  | Duniec Brothers Ltd. | 260 | 21609 |
| \* | El Al Israel Airlines | 36162 | 150268 |
| \* | Equital Ltd. | 6649 | 317120 |
| \* | Fattal Holdings 1998 <br> Ltd.<br>| 975 | 176968 |
|  | Formula Systems <br> 1985 Ltd. (FORTY <br> IT)<br>| 621 | 90148 |
|  | Formula Systems <br> 1985 Ltd. (FORTY <br> US), Sponsored <br> ADR<br>| 229 | 33931 |
| \* | Gilat Satellite <br> Networks Ltd.<br>| 10051 | 144854 |
| \* | Hagag Group Real <br> Estate <br> Development<br>| 8333 | 59878 |
|  | Hamat Group Ltd. | 5206 | 24431 |
|  | Harel Insurance <br> Investments & <br> Financial Services <br> Ltd.<br>| 28874 | 1006352 |
|  | IDI Insurance Co. Ltd. | 999 | 59234 |
|  | Inrom Construction <br> Industries Ltd.<br>| 11808 | 87976 |
| # | Israel Canada TR <br> Ltd.<br>| 27022 | 140770 |
| \* | Israir Group Ltd. | 37360 | 20584 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Isras Investment Co. <br> Ltd.<br>| 419 | $117396 |
|  | Issta Ltd. | 2925 | 95172 |
| \* | Kamada Ltd. (KMDA <br> US)<br>| 7363 | 50952 |
|  | Kardan Real Estate <br> Enterprise & <br> Development Ltd.<br>| 19587 | 42112 |
|  | Kenon Holdings Ltd. | 3347 | 174335 |
|  | Kerur Holdings Ltd. | 1355 | 37756 |
|  | Klil Industries Ltd. | 356 | 20375 |
|  | Kvutzat Acro Ltd. | 5300 | 77498 |
|  | Land Development <br> Nimrodi Group Ltd.<br>| 4140 | 47410 |
|  | Lapidoth Capital Ltd. | 3541 | 88854 |
|  | M Yochananof & Sons <br> Ltd.<br>| 641 | 54241 |
|  | Mediterranean Towers <br> Ltd.<br>| 24745 | 109132 |
| \* | Meshek Energy <br> Renewable <br> Energies Ltd.<br>| 71740 | 145202 |
|  | Meshulam Levinstein <br> Contracting & <br> Engineering Ltd.<br>| 258 | 38879 |
|  | Migdal Insurance & <br> Financial Holdings <br> Ltd.<br>| 161691 | 580228 |
|  | Naphtha Israel <br> Petroleum Corp. <br> Ltd.<br>| 1591 | 13388 |
|  | Neto Malinda Trading <br> Ltd.<br>| 3324 | 145953 |
| \* | Neto ME Holdings <br> Ltd.<br>| 169 | 10801 |
| \* | Nexxen International <br> Ltd.<br>| 9959 | 98791 |
|  | Oil Refineries Ltd. | 468867 | 136885 |
| \* | OY Nofar Energy Ltd. | 2438 | 77825 |
|  | Palram Industries <br> 1990 Ltd.<br>| 1933 | 44540 |
|  | Partner <br> Communications <br> Co. Ltd.<br>| 8292 | 82331 |
|  | Paz Retail & Energy <br> Ltd.<br>| 2383 | 509091 |
| \* | Perion Network Ltd. | 2691 | 25305 |
|  | Plasson Industries <br> Ltd.<br>| 1011 | 58907 |
|  | Polyram Plastic <br> Industries Ltd.<br>| 4429 | 15452 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
| # | Prashkovsky <br> Investments & <br> Construction Ltd.<br>| 2213 | $112870 |
| #\* | Priortech Ltd. | 617 | 47167 |
| \* | Rapac Communication <br> & Infrastructure <br> Ltd.<br>| 1204 | 22400 |
|  | Scope Metals Group <br> Ltd.<br>| 2448 | 118375 |
| \* | Shikun & Binui Ltd. | 54158 | 301675 |
|  | Shufersal Ltd. | 338 | 4201 |
|  | Suny Cellular <br> Communication <br> Ltd.<br>| 38993 | 17862 |
| #Ω | Tamar Petroleum Ltd. | 11221 | 138909 |
|  | Tiv Taam Holdings 1 <br> Ltd.<br>| 4452 | 12067 |
| \* | Veridis Environment <br> Ltd.<br>| 8348 | 83061 |
|  | Villar International <br> Ltd.<br>| 242 | 14277 |
|  | YH Dimri Construction <br> & Development <br> Ltd.<br>| 544 | 65641 |
| TOTAL ISRAEL | TOTAL ISRAEL |  | 9029795 |
| ITALY — (3.8%) | ITALY — (3.8%) | ITALY — (3.8%) | ITALY — (3.8%) |
|  | A2A SpA | 431852 | 1258253 |
| \* | Abitare In SpA | 2221 | 7266 |
|  | ACEA SpA | 11629 | 282051 |
|  | Ariston Holding NV | 5498 | 22858 |
|  | Arnoldo Mondadori <br> Editore SpA<br>| 25955 | 62372 |
|  | Ascopiave SpA | 14577 | 54089 |
| # | Avio SpA | 345 | 14951 |
|  | Azimut Holding SpA | 23175 | 906995 |
|  | Banca IFIS SpA | 5821 | 150389 |
|  | Banca Mediolanum <br> SpA<br>| 22275 | 447827 |
|  | Banca Monte dei <br> Paschi di Siena <br> SpA<br>| 164780 | 1445200 |
|  | Banco BPM SpA | 394306 | 5744825 |
|  | Banco di Desio e della <br> Brianza SpA<br>| 12049 | 110121 |
|  | BPER Banca SpA | 476868 | 5713780 |
| # | Brembo NV | 12046 | 129921 |
|  | Buzzi SpA | 28433 | 1712876 |
| \* | Cairo Communication <br> SpA<br>| 17210 | 57159 |
|  | Cementir Holding NV | 12612 | 232383 |
| \* | CIR SpA-Compagnie <br> Industriali<br>| 239509 | 191079 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  | Credito Emiliano SpA | 26852 | $425104 |
|  | d'Amico International <br> Shipping SA<br>| 11577 | 59974 |
|  | Danieli & C Officine <br> Meccaniche SpA <br> (DAN IM)<br>| 2529 | 136657 |
|  | Danieli & C Officine <br> Meccaniche SpA <br> (DANR IM)<br>| 9553 | 366297 |
|  | Datalogic SpA | 3990 | 21157 |
|  | De' Longhi SpA | 1123 | 40990 |
| Ω | Enav SpA | 22442 | 117262 |
|  | ERG SpA | 4267 | 110072 |
|  | Esprinet SpA | 4513 | 30214 |
|  | Ferretti SpA | 19393 | 63700 |
|  | Fila SpA | 4879 | 53496 |
| \* | Fincantieri SpA | 17542 | 451326 |
| # | FNM SpA | 40686 | 21327 |
|  | Garofalo Health Care <br> SpA<br>| 4490 | 27056 |
|  | Gefran SpA | 2084 | 30033 |
|  | GPI SpA | 1862 | 36553 |
|  | Hera SpA | 182333 | 818344 |
|  | IMMSI SpA | 62616 | 41621 |
|  | Indel B SpA | 373 | 8269 |
|  | Interpump Group SpA | 4420 | 228118 |
|  | Italmobiliare SpA | 2574 | 96689 |
|  | Iveco Group NV | 53448 | 1135927 |
|  | Leonardo SpA | 16188 | 952416 |
| # | MARR SpA | 1371 | 14546 |
|  | MFE-MediaForEurope <br> NV, Class A<br>| 33510 | 120975 |
|  | MFE-MediaForEurope <br> NV (MFEA IM), <br> Class A<br>| 53594 | 189763 |
|  | MFE-MediaForEurope <br> NV (MFEB IM), <br> Class B<br>| 17260 | 80491 |
| \* | NewPrinces SpA | 4322 | 99464 |
| Ω | Nexi SpA | 2447 | 12902 |
|  | Orsero SpA | 2608 | 54641 |
| Ω | OVS SpA | 54182 | 273449 |
| # | Piaggio & C SpA | 17349 | 39497 |
| Ω | Pirelli & C SpA | 91793 | 644391 |
| Ω | Poste Italiane SpA | 28348 | 683467 |
|  | Rizzoli Corriere Della <br> Sera Mediagroup <br> SpA<br>| 42643 | 50740 |
|  | Sabaf SpA | 2439 | 39346 |
| \* | Safilo Group SpA | 23535 | 45984 |
| # | Saipem SpA | 129592 | 337839 |
|  | Snam SpA | 119199 | 735174 |
|  | Sogefi SpA | 9662 | 38964 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
| #\* | Telecom Italia SpA <br> (TIT IM)<br>| 1798324 | $1060369 |
| \* | Telecom Italia SpA <br> (TITR IM)<br>| 1059301 | 704314 |
|  | Tenaris SA (TEN IM) | 1944 | 38637 |
| # | Tenaris SA (TS US), <br> ADR<br>| 23793 | 946961 |
| \* | TREVI - Finanziaria <br> Industriale SpA<br>| 37587 | 18913 |
|  | Unipol Assicurazioni <br> SpA<br>| 52669 | 1153099 |
|  | Webuild SpA | 53359 | 215640 |
| TOTAL ITALY | TOTAL ITALY |  | 31416563 |
| JAPAN — (15.1%) | JAPAN — (15.1%) | JAPAN — (15.1%) | JAPAN — (15.1%) |
|  | 77 Bank Ltd. | 15900 | 681510 |
|  | A&D HOLON Holdings <br> Co. Ltd.<br>| 1100 | 14418 |
|  | Achilles Corp. | 100 | 814 |
| # | AD Works Group Co. <br> Ltd.<br>| 20400 | 62953 |
|  | ADEKA Corp. | 22700 | 514332 |
|  | AFC-HD AMS Life <br> Science Co. Ltd.<br>| 1800 | 9935 |
|  | Ahresty Corp. | 7900 | 41022 |
|  | Aichi Financial Group, <br> Inc.<br>| 1390 | 35839 |
|  | Aichi Steel Corp. | 18800 | 323676 |
|  | Aichi Tokei Denki Co. <br> Ltd.<br>| 2700 | 48888 |
|  | Aida Engineering Ltd. | 7400 | 44259 |
|  | Ain Holdings, Inc. | 5800 | 243015 |
|  | Air Water, Inc. | 47100 | 657761 |
|  | Airport Facilities Co. <br> Ltd.<br>| 9300 | 62143 |
|  | Aisan Industry Co. <br> Ltd.<br>| 11700 | 158533 |
| \* | Akebono Brake <br> Industry Co. Ltd.<br>| 33000 | 24542 |
|  | Akita Bank Ltd. | 4800 | 113730 |
|  | Alconix Corp. | 7600 | 106783 |
|  | Alfresa Holdings <br> Corp.<br>| 44000 | 621648 |
|  | Alleanza Holdings Co. <br> Ltd.<br>| 3200 | 21672 |
| # | Alpen Co. Ltd. | 5100 | 75291 |
|  | Alps Alpine Co. Ltd. | 47181 | 594287 |
|  | Amada Co. Ltd. | 12008 | 143191 |
|  | Anabuki Kosan, Inc. | 1200 | 16757 |
|  | Anest Iwata Corp. | 8600 | 84616 |
|  | AOKI Holdings, Inc. | 9900 | 106729 |
|  | Aoyama Trading Co. <br> Ltd.<br>| 15700 | 232117 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Arakawa Chemical <br> Industries Ltd.<br>| 3100 | $22370 |
|  | Arata Corp. | 9400 | 183137 |
|  | ARCLANDS Corp. | 8600 | 97679 |
|  | Arcs Co. Ltd. | 9400 | 191023 |
|  | Artience Co. Ltd. | 9600 | 195658 |
|  | Asahi Co. Ltd. | 3000 | 25426 |
|  | Asahi Yukizai Corp. | 3600 | 112193 |
|  | Asia Pile Holdings <br> Corp.<br>| 10700 | 84277 |
|  | ASKA Pharmaceutical <br> Holdings Co. Ltd.<br>| 2600 | 35309 |
|  | Astena Holdings Co. <br> Ltd.<br>| 8100 | 24567 |
|  | Autobacs Seven Co. <br> Ltd.<br>| 8500 | 84924 |
|  | Awa Bank Ltd. | 10800 | 255155 |
|  | Axell Corp. | 2400 | 21490 |
|  | Axial Retailing, Inc. | 3200 | 22601 |
|  | Axyz Co. Ltd. | 800 | 16711 |
|  | Bando Chemical <br> Industries Ltd.<br>| 9100 | 114209 |
|  | Bank of Iwate Ltd. | 2956 | 77619 |
|  | Bank of Nagoya Ltd. | 10100 | 257894 |
|  | Bank of Saga Ltd. | 3301 | 68539 |
|  | Bank of the Ryukyus <br> Ltd.<br>| 10400 | 101466 |
|  | Belc Co. Ltd. | 600 | 28170 |
| # | Belluna Co. Ltd. | 12600 | 83029 |
| # | Bourbon Corp. | 3000 | 47274 |
|  | Br Holdings Corp. | 4400 | 9531 |
|  | Brother Industries <br> Ltd.<br>| 25700 | 437432 |
|  | Buffalo, Inc. | 2000 | 44940 |
|  | Bunka Shutter Co. <br> Ltd.<br>| 17100 | 225529 |
|  | Carlit Co. Ltd. | 5500 | 54545 |
|  | Cawachi Ltd. | 4800 | 92383 |
|  | CCI Group, Inc. | 60000 | 256468 |
|  | Central Glass Co. <br> Ltd.<br>| 7400 | 154386 |
|  | Central Security <br> Patrols Co. Ltd.<br>| 2300 | 40612 |
|  | Chiba Kogyo Bank <br> Ltd.<br>| 15900 | 165899 |
|  | Chino Corp. | 5200 | 46611 |
|  | Chori Co. Ltd. | 4500 | 115907 |
|  | Chubu Shiryo Co. <br> Ltd.<br>| 7421 | 77094 |
|  | Chuetsu Pulp & Paper <br> Co. Ltd.<br>| 3600 | 38843 |
|  | Chugin Financial <br> Group, Inc.<br>| 40000 | 557796 |
|  | Chuo Gyorui Co. Ltd. | 500 | 11339 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Citizen Watch Co. <br> Ltd.<br>| 66600 | $462182 |
|  | CKD Corp. | 7400 | 158456 |
|  | CK-San-Etsu Co. Ltd. | 1300 | 33675 |
|  | CMK Corp. | 13300 | 34575 |
|  | Coca-Cola Bottlers <br> Japan Holdings, <br> Inc.<br>| 37849 | 605697 |
|  | Cosel Co. Ltd. | 2500 | 19923 |
|  | Cosmo Energy <br> Holdings Co. Ltd.<br>| 37200 | 849476 |
|  | Cosmos Initia Co. <br> Ltd.<br>| 2400 | 20171 |
|  | CTI Engineering Co. <br> Ltd.<br>| 6600 | 121366 |
| \* | CUC, Inc. | 3100 | 21202 |
|  | Dai Nippon Toryo Co. <br> Ltd.<br>| 2400 | 19739 |
|  | Daicel Corp. | 58200 | 500758 |
|  | Dai-Dan Co. Ltd. | 2100 | 93056 |
|  | Daido Metal Co. Ltd. | 8900 | 60278 |
|  | Daido Steel Co. Ltd. | 35200 | 333059 |
|  | Daihatsu Infinearth <br> Mfg Co. Ltd.<br>| 5500 | 109301 |
|  | Daihen Corp. | 2300 | 150503 |
|  | Daiho Corp. | 13100 | 67081 |
|  | Daiichi Jitsugyo Co. <br> Ltd.<br>| 7800 | 132085 |
| # | Daiichi Kigenso <br> Kagaku-Kogyo Co. <br> Ltd.<br>| 1400 | 11878 |
|  | Daiki Aluminium <br> Industry Co. Ltd.<br>| 7600 | 55456 |
|  | Daikyonishikawa <br> Corp.<br>| 13400 | 63331 |
|  | Dainichiseika Color & <br> Chemicals <br> Manufacturing Co. <br> Ltd.<br>| 3700 | 91145 |
|  | Daio Paper Corp. | 17100 | 90129 |
|  | Daishi Hokuetsu <br> Financial Group, <br> Inc.<br>| 47100 | 454236 |
|  | Daishinku Corp. | 3100 | 11663 |
|  | Daisue Construction <br> Co. Ltd.<br>| 2500 | 55156 |
|  | Daito Pharmaceutical <br> Co. Ltd.<br>| 10200 | 82274 |
|  | Daitron Co. Ltd. | 2900 | 87085 |
|  | DCM Holdings Co. <br> Ltd.<br>| 32300 | 299501 |
|  | Denka Co. Ltd. | 18000 | 261241 |
|  | DIC Corp. | 19700 | 463502 |
|  | DKK-Toa Corp. | 3400 | 18472 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | DKS Co. Ltd. | 2400 | $102316 |
|  | Doutor Nichires <br> Holdings Co. Ltd.<br>| 8800 | 137276 |
|  | Dowa Holdings Co. <br> Ltd.<br>| 9700 | 351715 |
| # | DyDo Group Holdings, <br> Inc.<br>| 3500 | 55115 |
|  | Eagle Industry Co. <br> Ltd.<br>| 9400 | 166408 |
|  | Ebara Foods Industry, <br> Inc.<br>| 1400 | 22557 |
| # | Eco's Co. Ltd. | 3000 | 55200 |
|  | EDION Corp. | 25600 | 336754 |
|  | Ehime Bank Ltd. | 11901 | 96512 |
|  | Endo Lighting Corp. | 4100 | 60019 |
|  | Enomoto Co. Ltd. | 2300 | 28806 |
| # | Envipro Holdings, Inc. | 3600 | 11744 |
| # | ES-Con Japan Ltd. | 11300 | 73392 |
|  | Eslead Corp. | 2900 | 102352 |
|  | ESPEC Corp. | 4800 | 109227 |
|  | Exedy Corp. | 6600 | 221760 |
|  | EXEO Group, Inc. | 19600 | 282686 |
|  | Ezaki Glico Co. Ltd. | 8700 | 278021 |
|  | FALCO HOLDINGS <br> Co. Ltd.<br>| 2300 | 37016 |
|  | Feed One Co. Ltd. | 4700 | 31032 |
| # | Ferrotec Corp. | 10900 | 357310 |
|  | First Bank of Toyama <br> Ltd.<br>| 14600 | 138048 |
|  | Focus Systems Corp. | 1300 | 13630 |
|  | Foster Electric Co. <br> Ltd.<br>| 5860 | 101316 |
|  | France Bed Holdings <br> Co. Ltd.<br>| 7200 | 61504 |
|  | F-Tech, Inc. | 5800 | 28372 |
|  | Fudo Tetra Corp. | 4400 | 69666 |
|  | Fuji Co. Ltd. | 2700 | 34482 |
|  | Fuji Corp. (6134 JP) | 4200 | 81508 |
|  | Fuji Corp. Ltd. | 7200 | 38306 |
|  | Fuji Die Co. Ltd. | 1700 | 9733 |
|  | Fuji Oil Co. Ltd. | 4901 | 101373 |
|  | Fuji Pharma Co. Ltd. | 2700 | 27624 |
|  | Fuji Seal International, <br> Inc.<br>| 13100 | 230332 |
|  | Fujibo Holdings, Inc. | 2800 | 123965 |
|  | Fujikura Composites, <br> Inc.<br>| 6200 | 77708 |
|  | Fujikura Ltd. | 2700 | 367670 |
|  | Fujisash Co. Ltd. | 1650 | 8511 |
| # | Fujiya Co. Ltd. | 3200 | 53696 |
|  | FuKoKu Co. Ltd. | 3700 | 44036 |
|  | Fukuda Corp. | 1600 | 71395 |
|  | Fukui Bank Ltd. | 4800 | 67664 |
|  | Fukuoka Financial <br> Group, Inc.<br>| 32060 | 931675 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Fukuyama <br> Transporting Co. <br> Ltd.<br>| 2001 | $49704 |
| # | Fumakilla Ltd. | 1200 | 9057 |
|  | Furukawa Co. Ltd. | 11100 | 218772 |
|  | Furukawa Electric Co. <br> Ltd.<br>| 4400 | 311457 |
|  | Furuno Electric Co. <br> Ltd.<br>| 6200 | 359696 |
| # | Furuya Metal Co. Ltd. | 3200 | 59015 |
|  | Fuso Pharmaceutical <br> Industries Ltd.<br>| 800 | 10985 |
|  | Futaba Industrial Co. <br> Ltd.<br>| 19300 | 117872 |
|  | Gakken Holdings Co. <br> Ltd.<br>| 9300 | 61944 |
|  | Galilei Co. Ltd. | 6000 | 139561 |
|  | Geo Holdings Corp. | 6900 | 72231 |
|  | Giken Ltd. | 2299 | 24596 |
|  | GLOBERIDE, Inc. | 5000 | 75632 |
|  | Glory Ltd. | 12075 | 288525 |
|  | GLtechno Holdings, <br> Inc.<br>| 4490 | 87717 |
|  | Godo Steel Ltd. | 3100 | 73501 |
|  | Grandy House Corp. | 4100 | 15064 |
|  | GS Yuasa Corp. | 12800 | 357434 |
|  | GSI Creos Corp. | 3400 | 50913 |
|  | G-Tekt Corp. | 5100 | 65436 |
|  | Gunma Bank Ltd. | 95800 | 995805 |
|  | Gunze Ltd. | 9700 | 238937 |
|  | H2O Retailing Corp. | 27900 | 377465 |
|  | Hachijuni Bank Ltd. | 100412 | 1011464 |
|  | Hagiwara Electric <br> Holdings Co. Ltd.<br>| 3300 | 75767 |
|  | Hagoromo Foods <br> Corp.<br>| 500 | 10632 |
|  | Hakuhodo DY <br> Holdings, Inc.<br>| 16000 | 115814 |
|  | Hakuto Co. Ltd. | 900 | 22508 |
|  | Halows Co. Ltd. | 600 | 17010 |
|  | Hamakyorex Co. Ltd. | 18000 | 178550 |
|  | Handsman Co. Ltd. | 1900 | 10264 |
|  | Hanwa Co. Ltd. | 11300 | 471329 |
|  | Harima Chemicals <br> Group, Inc.<br>| 4400 | 25687 |
|  | Haseko Corp. | 16700 | 269688 |
|  | Heiwa Corp. | 5600 | 72796 |
|  | Heiwa Real Estate <br> Co. Ltd.<br>| 2200 | 32198 |
|  | Heiwado Co. Ltd. | 4687 | 86216 |
| #\* | Hino Motors Ltd. | 42800 | 97228 |
|  | Hirakawa Hewtech <br> Corp.<br>| 2205 | 33207 |
|  | Hirata Corp. | 2401 | 31700 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Hirogin Holdings, Inc. | 77919 | $727984 |
|  | Hochiki Corp. | 3900 | 97483 |
|  | Hodogaya Chemical <br> Co. Ltd.<br>| 4200 | 49683 |
|  | Hogy Medical Co. <br> Ltd.<br>| 1500 | 52070 |
|  | Hokkaido Coca-Cola <br> Bottling Co. Ltd.<br>| 1800 | 45144 |
|  | Hokkan Holdings Ltd. | 3400 | 47463 |
|  | Hokko Chemical <br> Industry Co. Ltd.<br>| 5700 | 59949 |
| # | Hokuetsu Corp. | 37800 | 200465 |
|  | Hokuhoku Financial <br> Group, Inc.<br>| 44000 | 1077897 |
|  | Hokuriku Electric <br> Industry Co. Ltd.<br>| 2500 | 36919 |
|  | Hokuto Corp. | 2869 | 33952 |
|  | H-One Co. Ltd. | 8500 | 73648 |
|  | Honeys Holdings Co. <br> Ltd.<br>| 4700 | 45144 |
|  | Hoosiers Holdings Co. <br> Ltd.<br>| 9300 | 76325 |
|  | Hosokawa Micron <br> Corp.<br>| 3700 | 136630 |
|  | House Foods Group, <br> Inc.<br>| 9500 | 178022 |
| # | Howa Machinery Ltd. | 4600 | 42503 |
|  | Hyakugo Bank Ltd. | 54000 | 334889 |
|  | Hyakujushi Bank Ltd. | 6600 | 231054 |
|  | Ibiden Co. Ltd. | 5900 | 555335 |
|  | Ichiken Co. Ltd. | 1200 | 30024 |
|  | Ichikoh Industries Ltd. | 9600 | 29196 |
|  | Ichinen Holdings Co. <br> Ltd.<br>| 6400 | 83511 |
|  | Ichiyoshi Securities <br> Co. Ltd.<br>| 4059 | 22361 |
|  | IDEA Consultants, <br> Inc.<br>| 1600 | 36262 |
|  | Idec Corp. | 1100 | 16745 |
|  | Iida Group Holdings <br> Co. Ltd.<br>| 35900 | 549750 |
|  | Iino Kaiun Kaisha Ltd. | 25600 | 208796 |
|  | Imura & Co. Ltd. | 2800 | 17810 |
|  | Inaba Denki Sangyo <br> Co. Ltd.<br>| 12600 | 371032 |
|  | Inaba Seisakusho Co. <br> Ltd.<br>| 2600 | 26703 |
|  | Inabata & Co. Ltd. | 14900 | 333710 |
|  | INFRONEER <br> Holdings, Inc.<br>| 56352 | 603706 |
|  | Innotech Corp. | 1200 | 14209 |
| # | Inui Global Logistics <br> Co. Ltd.<br>| 1500 | 15271 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Iriso Electronics Co. <br> Ltd.<br>| 4963 | $99628 |
|  | Ishihara Chemical Co. <br> Ltd.<br>| 1000 | 14121 |
|  | Ishihara Sangyo <br> Kaisha Ltd.<br>| 12100 | 186201 |
|  | Ishizuka Glass Co. <br> Ltd.<br>| 800 | 15669 |
|  | Itochu Enex Co. Ltd. | 14100 | 166358 |
|  | Itochu-Shokuhin Co. <br> Ltd.<br>| 900 | 54706 |
|  | Itoham Yonekyu <br> Holdings, Inc.<br>| 5840 | 208822 |
|  | Itoki Corp. | 7700 | 124206 |
|  | IwaiCosmo Holdings, <br> Inc.<br>| 6600 | 120561 |
|  | Iwatani Corp. | 29400 | 306076 |
|  | Iyogin Holdings, Inc. | 78300 | 1223507 |
|  | J Front Retailing Co. <br> Ltd.<br>| 33813 | 508570 |
|  | JANOME Corp. | 6900 | 49369 |
|  | Japan Cash Machine <br> Co. Ltd.<br>| 1500 | 9705 |
|  | Japan Electronic <br> Materials Corp.<br>| 4200 | 118839 |
|  | Japan Medical <br> Dynamic Marketing, <br> Inc.<br>| 3799 | 11742 |
|  | Japan Pulp & Paper <br> Co. Ltd.<br>| 32500 | 152501 |
|  | Japan Securities <br> Finance Co. Ltd.<br>| 17100 | 196369 |
|  | Japan Steel Works <br> Ltd.<br>| 500 | 32747 |
|  | Japan Transcity Corp. | 10000 | 74389 |
|  | Japan Wool Textile <br> Co. Ltd.<br>| 14100 | 148727 |
|  | JINUSHI Co. Ltd. | 2900 | 54562 |
|  | JK Holdings Co. Ltd. | 5500 | 44964 |
|  | J-Oil Mills, Inc. | 5800 | 75923 |
|  | Joshin Denki Co. Ltd. | 2590 | 44845 |
|  | Joyful Honda Co. Ltd. | 14200 | 187820 |
|  | JSP Corp. | 4300 | 52603 |
|  | JTEKT Corp. | 42425 | 424422 |
| \* | Juki Corp. | 4100 | 11756 |
|  | Juroku Financial <br> Group, Inc.<br>| 8100 | 295003 |
|  | JVCKenwood Corp. | 14500 | 116178 |
|  | Kadoya Sesame Mills, <br> Inc.<br>| 1100 | 27213 |
|  | Kaga Electronics Co. <br> Ltd.<br>| 9800 | 226932 |
|  | Kameda Seika Co. <br> Ltd.<br>| 200 | 4986 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Kamei Corp. | 7600 | $143758 |
|  | Kamigumi Co. Ltd. | 13100 | 393239 |
|  | Kanaden Corp. | 6000 | 81456 |
|  | Kanadevia Corp. | 39600 | 293423 |
|  | Kanagawa Chuo <br> Kotsu Co. Ltd.<br>| 1500 | 34136 |
|  | Kanamoto Co. Ltd. | 7969 | 185599 |
|  | Kandenko Co. Ltd. | 9200 | 281172 |
|  | Kaneka Corp. | 11900 | 328316 |
|  | Kanematsu Corp. | 22900 | 463630 |
|  | Kanemi Co. Ltd. | 1200 | 25799 |
|  | Kanto Denka Kogyo <br> Co. Ltd.<br>| 12700 | 85690 |
|  | Kato Sangyo Co. Ltd. | 6100 | 234157 |
|  | Kawada Technologies, <br> Inc.<br>| 4400 | 115288 |
|  | KEIWA, Inc. | 3000 | 22451 |
|  | Keiyo Bank Ltd. | 30000 | 253099 |
|  | Kenko Mayonnaise <br> Co. Ltd.<br>| 3934 | 46452 |
|  | KH Neochem Co. Ltd. | 4800 | 85838 |
|  | Kibun Foods, Inc. | 1800 | 12546 |
|  | Kimura Chemical <br> Plants Co. Ltd.<br>| 5800 | 40304 |
|  | Kimura Unity Co. Ltd. | 9800 | 53468 |
|  | Ki-Star Real Estate <br> Co. Ltd.<br>| 2600 | 88263 |
|  | Kitagawa Corp. | 2400 | 25116 |
|  | Kita-Nippon Bank Ltd. | 3600 | 87997 |
|  | Kitz Corp. | 17700 | 198427 |
|  | Kiyo Bank Ltd. | 18800 | 366162 |
| \* | KNT-CT Holdings Co. <br> Ltd.<br>| 2200 | 21306 |
|  | Koa Corp. | 3700 | 32878 |
|  | Koa Shoji Holdings <br> Co. Ltd.<br>| 2900 | 14702 |
|  | Koatsu Gas Kogyo <br> Co. Ltd.<br>| 9700 | 64651 |
|  | Kobe Steel Ltd. | 66700 | 785017 |
|  | Kohnan Shoji Co. Ltd. | 7000 | 169472 |
|  | Kohsoku Corp. | 600 | 11118 |
|  | Koito Manufacturing <br> Co. Ltd.<br>| 1600 | 23824 |
|  | Kojima Co. Ltd. | 13300 | 94898 |
|  | Kokuyo Co. Ltd. | 71100 | 408000 |
|  | Komehyo Holdings <br> Co. Ltd.<br>| 1400 | 27194 |
|  | Komeri Co. Ltd. | 7400 | 153953 |
|  | Kondotec, Inc. | 5400 | 58827 |
|  | Konica Minolta, Inc. | 103400 | 355070 |
|  | Konishi Co. Ltd. | 16600 | 132866 |
|  | Konoike Transport Co. <br> Ltd.<br>| 9000 | 186142 |
| # | Kosaido Holdings Co. <br> Ltd.<br>| 8300 | 22812 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Kose Corp. | 1200 | $45973 |
|  | KPP Group Holdings <br> Co. Ltd.<br>| 12100 | 59772 |
|  | Kraftia Corp. | 1200 | 63477 |
|  | Krosaki Harima Corp. | 5200 | 139449 |
|  | KRS Corp. | 3600 | 67975 |
|  | K's Holdings Corp. | 28800 | 285502 |
|  | KU Holdings Co. Ltd. | 3700 | 28258 |
|  | Kumagai Gumi Co. <br> Ltd.<br>| 34824 | 316188 |
|  | Kumiai Chemical <br> Industry Co. Ltd.<br>| 7400 | 32737 |
|  | Kurabo Industries Ltd. | 4600 | 209159 |
|  | Kuraray Co. Ltd. | 93700 | 1015385 |
| # | Kureha Corp. | 13200 | 315559 |
| # | Kurimoto Ltd. | 16000 | 179652 |
|  | Kuriyama Holdings <br> Corp.<br>| 5000 | 53828 |
|  | KYB Corp. | 12400 | 314450 |
|  | Kyodo Printing Co. <br> Ltd.<br>| 7600 | 73910 |
|  | Kyoei Steel Ltd. | 5045 | 75106 |
|  | Kyokuto Boeki Kaisha <br> Ltd.<br>| 4800 | 55455 |
|  | Kyokuto Kaihatsu <br> Kogyo Co. Ltd.<br>| 10400 | 174040 |
|  | Kyokuyo Co. Ltd. | 2800 | 86559 |
|  | Kyorin Pharmaceutical <br> Co. Ltd.<br>| 8300 | 75657 |
|  | Kyosan Electric <br> Manufacturing Co. <br> Ltd.<br>| 12300 | 42129 |
|  | Kyushu Financial <br> Group, Inc.<br>| 79500 | 455644 |
| # | Lacto Japan Co. Ltd. | 2600 | 58212 |
|  | LEC, Inc. | 7500 | 49617 |
|  | Life Corp. | 9400 | 147471 |
|  | Lintec Corp. | 10100 | 256684 |
|  | Lixil Corp. | 72900 | 807993 |
|  | Look Holdings, Inc. | 1800 | 30863 |
|  | Mabuchi Motor Co. <br> Ltd.<br>| 18900 | 333888 |
|  | Macnica Holdings, <br> Inc.<br>| 8200 | 116741 |
|  | Maezawa Industries, <br> Inc.<br>| 3900 | 48638 |
|  | Makino Milling <br> Machine Co. Ltd.<br>| 6900 | 501280 |
|  | Mandom Corp. | 10593 | 166662 |
|  | Marubun Corp. | 5500 | 42310 |
|  | Marudai Food Co. <br> Ltd.<br>| 5400 | 65649 |
|  | Maruha Nichiro Corp. | 13400 | 299536 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | MARUKA FURUSATO <br> Corp.<br>| 5038 | $73782 |
|  | Maruyama <br> Manufacturing Co., <br> Inc.<br>| 1100 | 15506 |
|  | Maruzen CHI Holdings <br> Co. Ltd.<br>| 3000 | 6443 |
|  | Maruzen Showa Unyu <br> Co. Ltd.<br>| 3700 | 166495 |
|  | Marvelous, Inc. | 3700 | 13567 |
|  | Matsuda Sangyo Co. <br> Ltd.<br>| 4300 | 115462 |
|  | Matsuoka Corp. | 1100 | 16082 |
|  | Maxell Ltd. | 9900 | 143509 |
|  | Maxvalu Tokai Co. <br> Ltd.<br>| 2200 | 49872 |
|  | Mazda Motor Corp. | 118000 | 813120 |
|  | Mebuki Financial <br> Group, Inc.<br>| 163600 | 1020800 |
|  | Media Do Co. Ltd. | 2000 | 23606 |
|  | Medical System <br> Network Co. Ltd.<br>| 10600 | 33794 |
|  | Medipal Holdings <br> Corp.<br>| 43700 | 711017 |
|  | Megmilk Snow Brand <br> Co. Ltd.<br>| 12000 | 220088 |
|  | Meidensha Corp. | 5700 | 225737 |
|  | Meiji Electric <br> Industries Co. Ltd.<br>| 3800 | 57265 |
|  | MEIJI Holdings Co. <br> Ltd.<br>| 26100 | 502424 |
|  | Meiji Shipping Group <br> Co. Ltd.<br>| 4300 | 19524 |
|  | Meiko Electronics Co. <br> Ltd.<br>| 1900 | 124960 |
|  | Meiwa Estate Co. <br> Ltd.<br>| 4900 | 33993 |
|  | Menicon Co. Ltd. | 10685 | 83301 |
| # | Mie Kotsu Group <br> Holdings, Inc.<br>| 16800 | 58606 |
|  | MIMAKI <br> ENGINEERING Co. <br> Ltd.<br>| 700 | 7715 |
|  | Mirait One Corp. | 23310 | 451685 |
| # | Mirarth Holdings, Inc. | 22700 | 55954 |
|  | Mitsuba Corp. | 15300 | 93001 |
|  | Mitsubishi Gas <br> Chemical Co., Inc.<br>| 40800 | 754846 |
|  | Mitsubishi Logisnext <br> Co. Ltd.<br>| 5100 | 50787 |
|  | Mitsubishi Logistics <br> Corp.<br>| 69500 | 503947 |
|  | Mitsubishi Materials <br> Corp.<br>| 27842 | 536065 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| Mitsubishi Motors <br> Corp.<br>| 142100 | $346287 |
| Mitsubishi Paper Mills <br> Ltd.<br>| 9464 | 37446 |
| Mitsubishi Pencil Co. <br> Ltd.<br>| 1400 | 18571 |
| Mitsubishi Research <br> Institute, Inc.<br>| 2400 | 75879 |
| Mitsubishi Steel <br> Manufacturing Co. <br> Ltd.<br>| 2100 | 25529 |
| Mitsui Chemicals, Inc. | 32100 | 757847 |
| Mitsui DM Sugar Co. <br> Ltd.<br>| 5495 | 108216 |
| Mitsui E&S Co. Ltd. | 14000 | 569170 |
| Mitsui High-Tec, Inc. | 6400 | 31920 |
| Mitsui Kinzoku Co. <br> Ltd.<br>| 4816 | 490546 |
| Mitsui-Soko Holdings <br> Co. Ltd.<br>| 7200 | 188951 |
| Mitsuuroko Group <br> Holdings Co. Ltd.<br>| 5200 | 71048 |
| Miyazaki Bank Ltd. | 3100 | 93220 |
| Mizuno Corp. | 8700 | 156949 |
| Morinaga Milk Industry <br> Co. Ltd.<br>| 19900 | 429563 |
| Moriroku Co. Ltd. | 2601 | 39565 |
| Morita Holdings Corp. | 8400 | 126993 |
| Mory Industries, Inc. | 9000 | 56031 |
| MrMax Holdings Ltd. | 8500 | 42469 |
| Mugen Estate Co. <br> Ltd.<br>| 2800 | 36965 |
| Musashi Seimitsu <br> Industry Co. Ltd.<br>| 7700 | 173712 |
| Musashino Bank Ltd. | 7400 | 199079 |
| Nabtesco Corp. | 3500 | 87674 |
| NAC Co. Ltd. | 6000 | 20342 |
| Nachi-Fujikoshi Corp. | 2587 | 66176 |
| Nagano Keiki Co. Ltd. | 1500 | 22818 |
| Nagase & Co. Ltd. | 28200 | 615838 |
| Naigai Tec Corp. | 900 | 12501 |
| Nakamoto Packs Co. <br> Ltd.<br>| 800 | 9407 |
| Nakamuraya Co. Ltd. | 1100 | 21699 |
| Nanto Bank Ltd. | 7400 | 246120 |
| Nanyo Corp. | 2600 | 22636 |
| Natori Co. Ltd. | 2300 | 29018 |
| NGK Insulators Ltd. | 59400 | 1002170 |
| NH Foods Ltd. | 9300 | 343475 |
| NHK Spring Co. Ltd. | 54544 | 1022583 |
| Nicca Chemical Co. <br> Ltd.<br>| 1800 | 16930 |
| Nice Corp. | 2600 | 29928 |
| Nichiban Co. Ltd. | 3400 | 42141 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Nichicon Corp. | 13400 | $134447 |
|  | Nichiden Corp. | 2600 | 41853 |
|  | Nichimo Co. Ltd. | 1600 | 25858 |
|  | Nichirin Co. Ltd. | 3750 | 87262 |
|  | Nihon Denkei Co. <br> Ltd.<br>| 2100 | 27744 |
|  | Nihon Nohyaku Co. <br> Ltd.<br>| 13700 | 76664 |
|  | Nihon Yamamura <br> Glass Co. Ltd.<br>| 1100 | 19010 |
|  | Nikkiso Co. Ltd. | 11500 | 112425 |
| # | Nikkon Holdings Co. <br> Ltd.<br>| 24600 | 554830 |
|  | Nikon Corp. | 47400 | 552811 |
|  | Nippi, Inc. | 900 | 73535 |
|  | Nippn Corp. | 14900 | 211834 |
|  | Nippon Carbide <br> Industries Co., Inc.<br>| 2300 | 31661 |
|  | Nippon Chemical <br> Industrial Co. Ltd.<br>| 2900 | 52637 |
| \* | Nippon Chemi-Con <br> Corp.<br>| 2100 | 21192 |
|  | Nippon Concrete <br> Industries Co. Ltd.<br>| 8600 | 18003 |
|  | Nippon Denko Co. <br> Ltd.<br>| 34300 | 74865 |
|  | Nippon Dry-Chemical <br> Co. Ltd.<br>| 1400 | 76493 |
|  | Nippon Electric Glass <br> Co. Ltd.<br>| 14200 | 478069 |
|  | Nippon Express <br> Holdings, Inc.<br>| 32700 | 695702 |
|  | Nippon Kayaku Co. <br> Ltd.<br>| 27900 | 255129 |
|  | Nippon Light Metal <br> Holdings Co. Ltd.<br>| 6403 | 93242 |
|  | Nippon Paper <br> Industries Co. Ltd.<br>| 31400 | 234919 |
|  | Nippon Rietec Co. <br> Ltd.<br>| 3460 | 46171 |
|  | Nippon Seisen Co. <br> Ltd.<br>| 3500 | 25113 |
| \* | Nippon Sheet Glass <br> Co. Ltd.<br>| 24000 | 89793 |
|  | Nippon Shinyaku Co. <br> Ltd.<br>| 9400 | 196681 |
|  | Nippon Shokubai Co. <br> Ltd.<br>| 28200 | 326735 |
|  | Nippon Soda Co. Ltd. | 13200 | 292630 |
|  | Nippon Thompson Co. <br> Ltd.<br>| 7700 | 33342 |
|  | Nippon Yakin Kogyo <br> Co. Ltd.<br>| 4300 | 119139 |
|  | Nipro Corp. | 37500 | 366050 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| Nishi-Nippon Financial <br> Holdings, Inc.<br>| 29200 | $498977 |
| Nishio Holdings Co. <br> Ltd.<br>| 5400 | 153623 |
| Nissan Tokyo Sales <br> Holdings Co. Ltd.<br>| 14900 | 48560 |
| Nissha Co. Ltd. | 8186 | 71121 |
| Nisshin Oillio Group <br> Ltd.<br>| 7900 | 261025 |
| Nisshin Seifun Group, <br> Inc.<br>| 14800 | 167321 |
| Nisshinbo Holdings, <br> Inc.<br>| 33453 | 264372 |
| Nisso Holdings Co. <br> Ltd.<br>| 2700 | 11264 |
| Nissui Corp. | 80200 | 558754 |
| Nitta Gelatin, Inc. | 3800 | 24413 |
| Nitto Fuji Flour Milling <br> Co. Ltd.<br>| 800 | 36046 |
| Nitto Kogyo Corp. | 4500 | 107763 |
| Nitto Seiko Co. Ltd. | 12100 | 54030 |
| Nittoku Co. Ltd. | 2801 | 44257 |
| Nojima Corp. | 37500 | 276893 |
| Nomura Real Estate <br> Holdings, Inc.<br>| 68000 | 388339 |
| Noritake Co. Ltd. | 5400 | 169146 |
| Noritz Corp. | 5300 | 68818 |
| North Pacific Bank <br> Ltd.<br>| 82400 | 385907 |
| NPR-RIKEN Corp. | 3660 | 74108 |
| NS Tool Co. Ltd. | 2500 | 12412 |
| NS United Kaiun <br> Kaisha Ltd.<br>| 3800 | 135855 |
| NSK Ltd. | 36811 | 185491 |
| NSW, Inc. | 2600 | 41885 |
| NTN Corp. | 86100 | 192223 |
| Obara Group, Inc. | 2900 | 78843 |
| Ochi Holdings Co. <br> Ltd.<br>| 900 | 8096 |
| Ogaki Kyoritsu Bank <br> Ltd.<br>| 5700 | 136447 |
| Oiles Corp. | 5700 | 83494 |
| Oita Bank Ltd. | 4100 | 135322 |
| Oji Holdings Corp. | 246400 | 1243182 |
| Okabe Co. Ltd. | 13000 | 77353 |
| Okada Aiyon Corp. | 300 | 3977 |
| Okamoto Industries, <br> Inc.<br>| 2600 | 85087 |
| Okamoto Machine <br> Tool Works Ltd.<br>| 1300 | 40429 |
| Okamura Corp. | 13900 | 203343 |
| Okasan Securities <br> Group, Inc.<br>| 37900 | 169848 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| Oki Electric Industry <br> Co. Ltd.<br>| 14500 | $173237 |
| Okinawa Financial <br> Group, Inc.<br>| 4780 | 119126 |
| OKUMA Corp. | 8700 | 193686 |
| Okumura Corp. | 8700 | 275793 |
| Okura Industrial Co. <br> Ltd.<br>| 2800 | 90172 |
| Okuwa Co. Ltd. | 10582 | 57069 |
| Olba Healthcare <br> Holdings, Inc.<br>| 1600 | 21234 |
| Ono Pharmaceutical <br> Co. Ltd.<br>| 23100 | 281899 |
| Onoken Co. Ltd. | 3700 | 33033 |
| Onward Holdings Co. <br> Ltd.<br>| 37900 | 159056 |
| Open House Group <br> Co. Ltd.<br>| 2500 | 120307 |
| Optimus Group Co. <br> Ltd.<br>| 4000 | 8707 |
| Optorun Co. Ltd. | 2900 | 31930 |
| Oriental Consultants <br> Holdings Co. Ltd.<br>| 1000 | 19739 |
| Oriental Shiraishi <br> Corp.<br>| 32000 | 88129 |
| Osaka Organic <br> Chemical Industry <br> Ltd.<br>| 1000 | 24824 |
| Osaki Electric Co. <br> Ltd.<br>| 8300 | 67266 |
| OSG Corp. | 16700 | 242121 |
| OUG Holdings, Inc. | 1100 | 27593 |
| Pacific Industrial Co. <br> Ltd.<br>| 10400 | 207403 |
| Pack Corp. | 3300 | 25713 |
| PALTAC Corp. | 6300 | 185803 |
| Paraca, Inc. | 1600 | 20535 |
| Paramount Bed <br> Holdings Co. Ltd.<br>| 9500 | 217558 |
| Penta-Ocean <br> Construction Co. <br> Ltd.<br>| 37400 | 342397 |
| PHC Holdings Corp. | 4000 | 26147 |
| Pickles Holdings Co. <br> Ltd.<br>| 4900 | 34934 |
| PILLAR Corp. | 2600 | 81878 |
| Pole To Win Holdings, <br> Inc.<br>| 10603 | 22723 |
| Press Kogyo Co. Ltd. | 25900 | 109767 |
| Prima Meat Packers <br> Ltd.<br>| 2100 | 33734 |
| PS Construction Co. <br> Ltd.<br>| 3450 | 40462 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | QB Net Holdings Co. <br> Ltd.<br>| 3000 | $26407 |
|  | Qol Holdings Co. Ltd. | 6200 | 78172 |
|  | Raiznext Corp. | 8600 | 106851 |
|  | Rasa Corp. | 1900 | 20346 |
|  | Rasa Industries Ltd. | 2000 | 65163 |
|  | Rengo Co. Ltd. | 36900 | 224737 |
| \* | RENOVA, Inc. | 14500 | 77690 |
|  | Resonac Holdings <br> Corp.<br>| 30400 | 1184375 |
|  | Restar Corp. | 4500 | 75284 |
|  | Retail Partners Co. <br> Ltd.<br>| 5900 | 49289 |
|  | Rheon Automatic <br> Machinery Co. Ltd.<br>| 4400 | 41267 |
|  | Ricoh Co. Ltd. | 94200 | 808121 |
|  | Riken Technos Corp. | 11500 | 104240 |
|  | Riken Vitamin Co. <br> Ltd.<br>| 5400 | 98032 |
|  | Rinnai Corp. | 500 | 11333 |
|  | Rion Co. Ltd. | 2100 | 34037 |
|  | Rix Corp. | 600 | 14493 |
|  | Rohm Co. Ltd. | 34200 | 547668 |
|  | Rokko Butter Co. Ltd. | 1300 | 9898 |
|  | Ryobi Ltd. | 7900 | 141030 |
|  | RYODEN Corp. | 4700 | 97373 |
|  | Ryoyo Ryosan <br> Holdings, Inc.<br>| 4148 | 79928 |
|  | S Foods, Inc. | 300 | 4869 |
|  | S&B Foods, Inc. | 5000 | 108030 |
| # | Sac's Bar Holdings, <br> Inc.<br>| 7900 | 40131 |
|  | Sakai Chemical <br> Industry Co. Ltd.<br>| 5400 | 99641 |
|  | Sakai Heavy <br> Industries Ltd.<br>| 3200 | 42604 |
|  | Sakai Moving Service <br> Co. Ltd.<br>| 2000 | 36565 |
|  | Sakata INX Corp. | 10570 | 156032 |
|  | Sakata Seed Corp. | 4800 | 122991 |
|  | Sala Corp. | 18200 | 124009 |
|  | San Holdings, Inc. | 6600 | 64311 |
|  | San ju San Financial <br> Group, Inc.<br>| 5400 | 127719 |
|  | San-A Co. Ltd. | 8800 | 153073 |
|  | San-Ai Obbli Co. Ltd. | 16400 | 217217 |
|  | San-In Godo Bank <br> Ltd.<br>| 35400 | 311261 |
| \* | Sanken Electric Co. <br> Ltd.<br>| 3500 | 168223 |
|  | Sanki Engineering Co. <br> Ltd.<br>| 4000 | 137464 |
|  | Sanko Gosei Ltd. | 13300 | 72600 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
| Sanko Metal Industrial <br> Co. Ltd.<br>| 5000 | $44023 |
| Sankyo Frontier Co. <br> Ltd.<br>| 2800 | 36436 |
| Sankyu, Inc. | 4400 | 224664 |
| Sanoh Industrial Co. <br> Ltd.<br>| 3700 | 22012 |
| Sansei Technologies, <br> Inc.<br>| 4600 | 67570 |
| Sanyo Chemical <br> Industries Ltd.<br>| 2800 | 76185 |
| Sanyo Denki Co. Ltd. | 8100 | 207125 |
| Sanyo Trading Co. <br> Ltd.<br>| 6600 | 67936 |
| Sato Corp. | 6500 | 92258 |
| Sato Shoji Corp. | 5000 | 69767 |
| Satori Electric Co. <br> Ltd.<br>| 4200 | 52259 |
| Satudora Holdings Co. <br> Ltd.<br>| 1800 | 9614 |
| Sawai Group Holdings <br> Co. Ltd.<br>| 28200 | 336772 |
| SBS Holdings, Inc. | 3100 | 68174 |
| Scroll Corp. | 8200 | 58284 |
| Seika Corp. | 7800 | 116293 |
| Seiko Epson Corp. | 51600 | 653803 |
| Seiko Group Corp. | 8200 | 376575 |
| Seino Holdings Co. <br> Ltd.<br>| 23400 | 330688 |
| Seiren Co. Ltd. | 1500 | 30717 |
| Sekisui Kasei Co. <br> Ltd.<br>| 11200 | 25704 |
| SEMITEC Corp. | 1700 | 26115 |
| Senko Group Holdings <br> Co. Ltd.<br>| 23700 | 309336 |
| Senshu Ikeda <br> Holdings, Inc.<br>| 55800 | 240852 |
| Shibaura Machine Co. <br> Ltd.<br>| 3500 | 97192 |
| Shibusawa Logistics <br> Corp.<br>| 12400 | 89016 |
| Shibuya Corp. | 1200 | 26622 |
| Shiga Bank Ltd. | 8700 | 351430 |
| Shikibo Ltd. | 1700 | 11064 |
| Shikoku Bank Ltd. | 8100 | 76444 |
| Shimizu Corp. | 900 | 12081 |
| Shimojima Co. Ltd. | 5000 | 41846 |
| Shin Nippon Air <br> Technologies Co. <br> Ltd.<br>| 3400 | 67897 |
| Shinagawa Refra Co. <br> Ltd.<br>| 8500 | 101876 |
| Shin-Etsu Polymer <br> Co. Ltd.<br>| 11300 | 141510 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Shinmaywa Industries <br> Ltd.<br>| 14600 | $189873 |
|  | Shinsho Corp. | 4500 | 67803 |
|  | Shinwa Co. Ltd. (7607 <br> JP)<br>| 3600 | 71743 |
|  | Shizuoka Financial <br> Group, Inc.<br>| 15700 | 211442 |
|  | Shizuoka Gas Co. <br> Ltd.<br>| 1700 | 12431 |
|  | Showa Sangyo Co. <br> Ltd.<br>| 600 | 11453 |
|  | Showa Shinku Co. <br> Ltd.<br>| 700 | 6533 |
|  | Siix Corp. | 10100 | 90583 |
|  | Sinanen Holdings Co. <br> Ltd.<br>| 2300 | 92105 |
|  | Sinfonia Technology <br> Co. Ltd.<br>| 2300 | 158302 |
|  | SKY Perfect JSAT <br> Holdings, Inc.<br>| 50900 | 500855 |
|  | Skymark Airlines, Inc. | 4700 | 13679 |
|  | Soda Nikka Co. Ltd. | 6400 | 41445 |
|  | Sojitz Corp. | 28600 | 758771 |
|  | Soken Chemical & <br> Engineering Co. <br> Ltd.<br>| 5600 | 86602 |
|  | SPK Corp. | 3200 | 46416 |
|  | Star Mica Holdings <br> Co. Ltd.<br>| 7500 | 55351 |
|  | Starts Corp., Inc. | 8200 | 254724 |
|  | Starzen Co. Ltd. | 14700 | 110609 |
|  | Stella Chemifa Corp. | 2500 | 66361 |
|  | Step Co. Ltd. | 1700 | 26750 |
|  | Sugimoto & Co. Ltd. | 2400 | 28107 |
| # | SUMCO Corp. | 56772 | 578553 |
|  | Sumida Corp. | 4001 | 29072 |
|  | Sumitomo Bakelite <br> Co. Ltd.<br>| 4400 | 146353 |
|  | Sumitomo Heavy <br> Industries Ltd.<br>| 19249 | 514652 |
|  | Sumitomo Osaka <br> Cement Co. Ltd.<br>| 9475 | 236687 |
| \* | Sumitomo Pharma <br> Co. Ltd.<br>| 9300 | 101388 |
|  | Sumitomo Riko Co. <br> Ltd.<br>| 12100 | 204764 |
|  | Sumitomo Rubber <br> Industries Ltd.<br>| 48554 | 568641 |
|  | Sumitomo Seika <br> Chemicals Co. Ltd.<br>| 2400 | 74340 |
|  | Sun Frontier <br> Fudousan Co. Ltd.<br>| 9500 | 140730 |
|  | Suncall Corp. | 1000 | 6551 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Sun-Wa Technos <br> Corp.<br>| 3300 | $57314 |
|  | Suruga Bank Ltd. | 53500 | 535541 |
|  | Suzuken Co. Ltd. | 17500 | 664589 |
|  | Suzuki Co. Ltd. | 4300 | 60092 |
|  | SWCC Corp. | 200 | 9717 |
|  | T Hasegawa Co. Ltd. | 8400 | 147172 |
|  | T RAD Co. Ltd. | 2300 | 104058 |
|  | Tachibana Eletech Co. <br> Ltd.<br>| 4500 | 82665 |
|  | Tachi-S Co. Ltd. | 8200 | 103944 |
|  | Tadano Ltd. | 21200 | 147239 |
|  | Taihei Dengyo Kaisha <br> Ltd.<br>| 12000 | 168259 |
|  | Taiheiyo Cement <br> Corp.<br>| 29400 | 797666 |
|  | Taiheiyo Kouhatsu, <br> Inc.<br>| 1500 | 7489 |
|  | Taiho Kogyo Co. Ltd. | 6400 | 28393 |
|  | Taikisha Ltd. | 14000 | 277170 |
|  | Taiko Bank Ltd. | 1500 | 16973 |
|  | Taiyo Yuden Co. Ltd. | 21369 | 606918 |
|  | Takamatsu <br> Construction Group <br> Co. Ltd.<br>| 4700 | 103153 |
|  | Takaoka Toko Co. <br> Ltd.<br>| 3700 | 82401 |
|  | Takara & Co. Ltd. | 3300 | 87059 |
|  | Takara Holdings, Inc. | 26100 | 265835 |
|  | Takara Standard Co. <br> Ltd.<br>| 7800 | 125981 |
|  | Takasago International <br> Corp.<br>| 21500 | 210120 |
|  | Takashima & Co. Ltd. | 12000 | 63766 |
|  | Takashimaya Co. Ltd. | 62200 | 665313 |
|  | Take & Give Needs <br> Co. Ltd.<br>| 2200 | 11739 |
| # | TAKEBISHI Corp. | 2800 | 37123 |
| # | Taki Chemical Co. <br> Ltd.<br>| 1000 | 23392 |
|  | Tamura Corp. | 15901 | 54497 |
|  | Tanabe Engineering <br> Corp.<br>| 1300 | 19928 |
|  | Tayca Corp. | 5500 | 46872 |
|  | Technoflex Corp. | 1200 | 13510 |
|  | Teijin Ltd. | 2300 | 20122 |
|  | Tekken Corp. | 3000 | 71660 |
|  | Tera Probe, Inc. | 1100 | 41730 |
|  | Terasaki Electric Co. <br> Ltd.<br>| 900 | 28154 |
| # | Tess Holdings Co. <br> Ltd.<br>| 10500 | 23703 |
|  | Toa Corp. (1885 JP) | 17200 | 263453 |
|  | TOA ROAD Corp. | 12400 | 124877 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Toagosei Co. Ltd. | 14300 | $141854 |
|  | TOBISHIMA <br> HOLDINGS, Inc.<br>| 3740 | 51079 |
|  | Tochigi Bank Ltd. | 24700 | 88061 |
|  | Toda Corp. | 39400 | 265428 |
|  | Toenec Corp. | 13000 | 141087 |
|  | Togami Electric <br> Manufacturing Co. <br> Ltd.<br>| 700 | 19179 |
|  | Toho Acetylene Co. <br> Ltd.<br>| 6000 | 13853 |
|  | Toho Bank Ltd. | 53600 | 158625 |
|  | Toho Holdings Co. <br> Ltd.<br>| 4400 | 141103 |
|  | Tohoku Bank Ltd. | 4728 | 40573 |
|  | Tokai Carbon Co. Ltd. | 16800 | 112540 |
|  | Tokai Corp. | 2268 | 31419 |
|  | Tokai Rika Co. Ltd. | 13500 | 242519 |
|  | Tokai Tokyo Financial <br> Holdings, Inc.<br>| 29876 | 110701 |
|  | Tokushu Tokai Paper <br> Co. Ltd.<br>| 6900 | 66390 |
|  | Tokuyama Corp. | 16000 | 397223 |
|  | Tokyo Energy & <br> Systems, Inc.<br>| 3090 | 35619 |
|  | Tokyo Kiraboshi <br> Financial Group, <br> Inc.<br>| 8300 | 395203 |
|  | Tokyo Rope <br> Manufacturing Co. <br> Ltd.<br>| 4600 | 43066 |
|  | Tokyo Sangyo Co. <br> Ltd.<br>| 4000 | 24200 |
|  | Tokyo Steel <br> Manufacturing Co. <br> Ltd.<br>| 9200 | 81178 |
|  | Tokyo Tatemono Co. <br> Ltd.<br>| 43000 | 802820 |
|  | Tokyo Tekko Co. Ltd. | 700 | 25581 |
|  | Tokyu Construction <br> Co. Ltd.<br>| 8800 | 59851 |
|  | Tokyu Fudosan <br> Holdings Corp.<br>| 103300 | 832462 |
|  | Toli Corp. | 12400 | 50165 |
|  | Tomen Devices Corp. | 1400 | 85540 |
|  | Tomoe Engineering <br> Co. Ltd.<br>| 6900 | 70943 |
|  | Tomoku Co. Ltd. | 3200 | 68346 |
|  | TOMONY Holdings, <br> Inc.<br>| 39500 | 175043 |
|  | Topre Corp. | 9601 | 139175 |
|  | Topy Industries Ltd. | 1800 | 33235 |
| # | Torex Semiconductor <br> Ltd.<br>| 5099 | 52551 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Torishima Pump <br> Manufacturing Co. <br> Ltd.<br>| 3700 | $50168 |
|  | Tosei Corp. | 9200 | 195738 |
|  | Tosho Co. Ltd. | 4000 | 20430 |
|  | Tosoh Corp. | 61200 | 872562 |
|  | Totetsu Kogyo Co. <br> Ltd.<br>| 5700 | 156443 |
|  | TOTO Ltd. | 13800 | 350032 |
|  | Towa Bank Ltd. | 11200 | 67457 |
|  | Towa Pharmaceutical <br> Co. Ltd.<br>| 8500 | 156481 |
|  | Toyo Corp. | 1200 | 12950 |
|  | Toyo Kanetsu KK | 1666 | 48735 |
|  | Toyo Seikan Group <br> Holdings Ltd.<br>| 38700 | 868824 |
| # | Toyo Tanso Co. Ltd. | 2200 | 65819 |
|  | Toyo Tire Corp. | 30000 | 819902 |
|  | Toyobo Co. Ltd. | 30923 | 229535 |
|  | Toyoda Gosei Co. <br> Ltd.<br>| 16500 | 381889 |
|  | Toyota Boshoku <br> Corp.<br>| 19600 | 298019 |
|  | TRE Holdings Corp. | 12600 | 126258 |
|  | Trusco Nakayama <br> Corp.<br>| 10600 | 167126 |
|  | Tsubakimoto Chain <br> Co.<br>| 21500 | 300917 |
|  | Tsubakimoto Kogyo <br> Co. Ltd.<br>| 3000 | 53055 |
|  | Tsugami Corp. | 12900 | 228642 |
|  | Tsukishima Holdings <br> Co. Ltd.<br>| 5300 | 87677 |
|  | Tsukuba Bank Ltd. | 25000 | 51109 |
|  | Tsumura & Co. | 6400 | 148458 |
|  | Tsuzuki Denki Co. <br> Ltd.<br>| 1800 | 36866 |
|  | UACJ Corp. | 43200 | 557835 |
|  | UBE Corp. | 20400 | 299901 |
|  | Uchida Yoko Co. Ltd. | 2000 | 134837 |
|  | Ueki Corp. | 1000 | 16177 |
|  | Ulvac, Inc. | 6800 | 308443 |
|  | Union Tool Co. | 600 | 31850 |
|  | Unipres Corp. | 9700 | 75300 |
|  | United Super Markets <br> Holdings, Inc.<br>| 15557 | 83054 |
|  | Ushio, Inc. | 20200 | 334910 |
|  | V Technology Co. <br> Ltd.<br>| 3300 | 74138 |
|  | Valor Holdings Co. <br> Ltd.<br>| 16000 | 292888 |
|  | Valqua Ltd. | 2487 | 62569 |
|  | Vital KSK Holdings, <br> Inc.<br>| 6600 | 53181 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | VT Holdings Co. Ltd. | 24900 | $78599 |
|  | Wacoal Holdings <br> Corp.<br>| 4000 | 139485 |
|  | Wakachiku <br> Construction Co. <br> Ltd.<br>| 3700 | 115090 |
|  | Wakita & Co. Ltd. | 12600 | 144994 |
| # | Warabeya Nichiyo <br> Holdings Co. Ltd.<br>| 2300 | 46504 |
|  | Wellneo Sugar Co. <br> Ltd.<br>| 800 | 13083 |
|  | Wise Holdings Co. <br> Ltd.<br>| 27600 | 14114 |
|  | World Co. Ltd. | 7600 | 133360 |
|  | World Holdings Co. <br> Ltd.<br>| 2400 | 39011 |
|  | Xebio Holdings Co. <br> Ltd.<br>| 5820 | 41144 |
|  | Yahagi Construction <br> Co. Ltd.<br>| 7300 | 103274 |
|  | YAKUODO Holdings <br> Co. Ltd.<br>| 2000 | 26365 |
|  | YAMABIKO Corp. | 9400 | 157047 |
|  | Yamada Holdings Co. <br> Ltd.<br>| 87400 | 262743 |
|  | Yamae Group <br> Holdings Co. Ltd.<br>| 5000 | 83007 |
|  | Yamagata Bank Ltd. | 4900 | 53317 |
|  | Yamaguchi Financial <br> Group, Inc.<br>| 46028 | 527336 |
|  | Yamaichi Electronics <br> Co. Ltd.<br>| 5600 | 165905 |
|  | Yamanashi Chuo <br> Bank Ltd.<br>| 7900 | 168232 |
|  | Yamatane Corp. | 4600 | 76097 |
|  | Yamaya Corp. | 1800 | 27633 |
|  | Yamazen Corp. | 12360 | 114526 |
| # | Yashima Denki Co. <br> Ltd.<br>| 2600 | 43792 |
|  | Yellow Hat Ltd. | 19200 | 193338 |
|  | Yokogawa Bridge <br> Holdings Corp.<br>| 9000 | 160653 |
|  | Yokohama Rubber <br> Co. Ltd. <br>| 39300 | 1402578 |
|  | Yokorei Co. Ltd. | 8800 | 70002 |
|  | Yokowo Co. Ltd. | 3099 | 39690 |
|  | Yondenko Corp. | 9000 | 82032 |
| # | Yondoshi Holdings, <br> Inc.<br>| 1600 | 17766 |
|  | Yorozu Corp. | 5700 | 33862 |
|  | Yotai Refractories Co. <br> Ltd.<br>| 400 | 4612 |
|  | Yuasa Trading Co. <br> Ltd.<br>| 4900 | 159313 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Yurtec Corp. | 11800 | $190229 |
|  | Zacros Corp. | 18800 | 128486 |
|  | Zenrin Co. Ltd. | 7800 | 52138 |
|  | Zeon Corp. | 28500 | 292424 |
|  | ZERIA Pharmaceutical <br> Co. Ltd.<br>| 3300 | 42827 |
|  | Zojirushi Corp. | 2000 | 21558 |
| TOTAL JAPAN | TOTAL JAPAN |  | 123759572 |
| KUWAIT — (0.2%) | KUWAIT — (0.2%) | KUWAIT — (0.2%) | KUWAIT — (0.2%) |
|  | A'ayan Leasing & <br> Investment Co. <br> KSCP<br>| 146389 | 101323 |
|  | Al Ahli Bank of Kuwait <br> KSCP<br>| 65247 | 61187 |
|  | Al-Eid Food KSC | 16383 | 11536 |
|  | Burgan Bank SAK | 162253 | 125090 |
|  | Combined Group <br> Contracting Co. <br> SAK<br>| 8633 | 29664 |
|  | Gulf Bank KSCP | 60347 | 68947 |
|  | Gulf Cables & <br> Electrical Industries <br> Group Co. KSCP<br>| 11809 | 86444 |
|  | Kuwait International <br> Bank KSCP<br>| 248467 | 216630 |
|  | Mezzan Holding Co. <br> KSCC<br>| 9575 | 37217 |
|  | Mobile <br> Telecommunications <br> Co. KSCP<br>| 18082 | 31250 |
| \* | Warba Bank KSCP | 571722 | 540280 |
| TOTAL KUWAIT | TOTAL KUWAIT |  | 1309568 |
| MALAYSIA — (0.4%) | MALAYSIA — (0.4%) | MALAYSIA — (0.4%) | MALAYSIA — (0.4%) |
|  | Able Global Bhd. | 27200 | 10838 |
| # | Aeon Co. M Bhd. | 42400 | 12749 |
| #\* | AFFIN Bank Bhd. | 99265 | 54287 |
|  | Ajinomoto Malaysia <br> Bhd.<br>| 3900 | 12489 |
|  | Alliance Bank <br> Malaysia Bhd.<br>| 158146 | 165953 |
|  | Allianz Malaysia Bhd. | 10200 | 43738 |
|  | AME Elite Consortium <br> Bhd.<br>| 23900 | 8838 |
|  | AMMB Holdings Bhd. <br> (AMM MK)<br>| 50500 | 68691 |
| # | Bank Islam Malaysia <br> Bhd.<br>| 109299 | 57419 |
|  | Batu Kawan Bhd. | 15700 | 72003 |
| \* | Berjaya Corp. Bhd. | 559724 | 38721 |
|  | CB Industrial Product <br> Holding Bhd.<br>| 30900 | 9367 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
| # | Dayang Enterprise <br> Holdings Bhd.<br>| 131640 | $46857 |
| # | DRB-Hicom Bhd. | 90500 | 27210 |
|  | Duopharma Biotech <br> Bhd.<br>| 74277 | 22157 |
| # | Eastern & Oriental <br> Bhd.<br>| 157000 | 29943 |
|  | Eco World <br> Development Group <br> Bhd.<br>| 128100 | 62939 |
|  | Gamuda Bhd. | 40682 | 48859 |
|  | Genting Bhd. | 276400 | 222892 |
| # | Genting Malaysia <br> Bhd.<br>| 300400 | 167030 |
|  | Genting Plantations <br> Bhd.<br>| 40500 | 49067 |
|  | Guan Chong Bhd. | 38266 | 8202 |
|  | HAP Seng <br> Consolidated Bhd.<br>| 15300 | 10853 |
|  | Hap Seng Plantations <br> Holdings Bhd.<br>| 23700 | 12796 |
|  | Hartalega Holdings <br> Bhd.<br>| 74100 | 21361 |
|  | Hibiscus Petroleum <br> Bhd.<br>| 92680 | 31644 |
|  | IGB Bhd. | 77974 | 62431 |
|  | IJM Corp. Bhd. | 323800 | 191352 |
|  | IOI Properties Group <br> Bhd.<br>| 206749 | 103665 |
| # | Jaya Tiasa Holdings <br> Bhd.<br>| 64000 | 17570 |
|  | Kenanga Investment <br> Bank Bhd.<br>| 109500 | 22192 |
|  | Kerjaya Prospek <br> Group Bhd.<br>| 39895 | 26532 |
|  | Kretam Holdings Bhd. | 95800 | 15787 |
| # | KSL Holdings Bhd. | 32943 | 23595 |
| # | Lagenda Properties <br> Bhd.<br>| 36600 | 11006 |
|  | LBS Bina Group Bhd. | 94400 | 9571 |
|  | Leong Hup <br> International Bhd.<br>| 162900 | 25469 |
|  | LPI Capital Bhd. | 4500 | 15446 |
| # | Magnum Bhd. | 93230 | 30951 |
|  | Mah Sing Group Bhd. | 269500 | 66856 |
| # | Malayan Flour Mills <br> Bhd.<br>| 156450 | 22047 |
| # | Malaysia Smelting <br> Corp. Bhd.<br>| 80000 | 26331 |
|  | Malaysian Pacific <br> Industries Bhd.<br>| 3900 | 27848 |
|  | Malaysian Resources <br> Corp. Bhd.<br>| 243277 | 26095 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | Matrix Concepts <br> Holdings Bhd.<br>| 150187 | $49109 |
|  | MBSB Bhd. | 394884 | 68305 |
|  | Mega First Corp. <br> Bhd.<br>| 82000 | 72565 |
|  | Mi Technovation Bhd. | 28300 | 21287 |
| # | MKH Bhd. | 42400 | 10807 |
|  | MKH Oil Palm East <br> Kalimantan Bhd.<br>| 6057 | 918 |
|  | MNRB Holdings Bhd. | 102843 | 46349 |
|  | Muhibbah Engineering <br> M Bhd.<br>| 82700 | 10650 |
| †† | Nylex Malaysia Bhd. | 1285 | 14 |
|  | Padini Holdings Bhd. | 20700 | 9342 |
|  | Pantech Group <br> Holdings Bhd.<br>| 54900 | 8777 |
| # | Perak Transit Bhd. | 88200 | 7147 |
|  | Sarawak Oil Palms <br> Bhd.<br>| 68077 | 60617 |
|  | Scientex Bhd. | 103400 | 83680 |
|  | Sime Darby Bhd. | 258400 | 126321 |
| # | Sime Darby Property <br> Bhd.<br>| 422900 | 135990 |
|  | SKP Resources Bhd. | 173700 | 32527 |
|  | SP Setia Bhd. Group | 277400 | 57206 |
| # | Sports Toto Bhd. | 35496 | 11776 |
|  | Sunway Bhd. | 43500 | 56076 |
| # | Syarikat Takaful <br> Malaysia Keluarga <br> Bhd.<br>| 43444 | 32144 |
| # | Ta Ann Holdings Bhd. | 39440 | 39511 |
| \* | Top Glove Corp. Bhd. | 205600 | 30884 |
| #\* | Tropicana Corp. Bhd. | 116928 | 32625 |
|  | TSH Resources Bhd. | 130600 | 42357 |
| # | UEM Sunrise Bhd. | 335500 | 51194 |
|  | Unisem M Bhd. | 32200 | 27088 |
|  | United Malacca Bhd. | 15200 | 21183 |
| # | UOA Development <br> Bhd.<br>| 200000 | 88234 |
|  | Velesto Energy Bhd. | 447600 | 26749 |
| \* | WCT Holdings Bhd. | 205400 | 36735 |
|  | Yinson Holdings Bhd. | 103978 | 58834 |
|  | YTL Corp. Bhd. | 82560 | 51143 |
| TOTAL MALAYSIA | TOTAL MALAYSIA |  | 3449791 |
| MEXICO — (0.6%) | MEXICO — (0.6%) | MEXICO — (0.6%) | MEXICO — (0.6%) |
|  | Alfa SAB de CV, <br> Class A<br>| 400171 | 303060 |
|  | Alpek SAB de CV | 39241 | 19854 |
| Ω | Banco del Bajio SA | 95590 | 243934 |
|  | Cemex SAB de CV <br> (CEMEXCPO MM)<br>| 33134 | 33600 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
|  | Cemex SAB de CV <br> (CX US), <br> Sponsored ADR<br>| 161967 | $1643965 |
| \* | Controladora Alpek <br> SAB de CV<br>| 239872 | 37185 |
| \* | Controladora AXTEL <br> SAB de CV<br>| 346918 | 16899 |
|  | El Puerto de Liverpool <br> SAB de CV, <br> Class C1<br>| 13092 | 63788 |
|  | GCC SAB de CV | 12102 | 116157 |
|  | Genomma Lab <br> Internacional SAB <br> de CV, Class B<br>| 78280 | 76432 |
|  | Gentera SAB de CV | 138406 | 328312 |
|  | Gruma SAB de CV, <br> Class B<br>| 5174 | 87628 |
|  | Grupo Industrial <br> Saltillo SAB de CV<br>| 32234 | 24047 |
|  | Grupo Televisa SAB <br> (TLEVICPO MM)<br>| 209858 | 109569 |
| \*Ω | Grupo Traxion SAB de <br> CV<br>| 28600 | 21059 |
| \* | Industrias CH SAB de <br> CV<br>| 34322 | 314059 |
| \* | Industrias Penoles <br> SAB de CV<br>| 1904 | 80439 |
|  | La Comer SAB de <br> CV<br>| 49695 | 107637 |
|  | Megacable Holdings <br> SAB de CV<br>| 66598 | 190598 |
| \*Ω | Nemak SAB de CV | 197162 | 41070 |
| \* | Ollamani SAB | 7281 | 24200 |
| # | Operadora De Sites <br> Mexicanos SAB de <br> CV, Class A-1<br>| 47307 | 42524 |
|  | Orbia Advance Corp. <br> SAB de CV<br>| 31149 | 28201 |
|  | Organizacion Cultiba <br> SAB de CV<br>| 57700 | 32610 |
| \* | Organizacion Soriana <br> SAB de CV, <br> Class B<br>| 12168 | 17356 |
|  | Promotora y <br> Operadora de <br> Infraestructura SAB <br> de CV (PINFRA <br> MM)<br>| 13411 | 173253 |
|  | Regional SAB de CV | 27814 | 206062 |
| \* | Vista Energy SAB de <br> CV (VIST US), <br> ADR<br>| 5814 | 281688 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
| \* | Vitro SAB de CV | 19893 | $6168 |
| TOTAL MEXICO | TOTAL MEXICO |  | 4671354 |
| NETHERLANDS — (2.2%) | NETHERLANDS — (2.2%) | NETHERLANDS — (2.2%) | NETHERLANDS — (2.2%) |
|  | Aalberts NV | 15005 | 475377 |
| Ω | ABN AMRO Bank NV | 115473 | 3450179 |
|  | Acomo NV | 5335 | 144512 |
|  | Aegon Ltd. (AGN NA) | 17511 | 133446 |
|  | Allfunds Group PLC | 21933 | 166729 |
|  | AMG Critical Materials <br> NV<br>| 3391 | 112589 |
|  | Aperam SA | 8286 | 288745 |
|  | ASR Nederland NV | 37548 | 2505902 |
| Ω | B&S Group SARL | 5237 | 35859 |
| # | Brunel International <br> NV<br>| 3954 | 35239 |
|  | Corbion NV | 7342 | 149434 |
| \* | Flow Traders Ltd. | 5735 | 157696 |
|  | ForFarmers NV | 14165 | 68504 |
|  | Fugro NV | 26871 | 274415 |
|  | HAL Trust | 6257 | 982058 |
|  | Havas NV | 175700 | 306627 |
| # | JDE Peet's NV | 23344 | 849584 |
|  | Koninklijke BAM <br> Groep NV<br>| 82068 | 761828 |
|  | Koninklijke Heijmans <br> NV<br>| 8210 | 581629 |
|  | Koninklijke Vopak NV | 15272 | 692081 |
|  | NN Group NV | 53635 | 3670503 |
|  | Randstad NV | 10988 | 430629 |
|  | SBM Offshore NV | 31219 | 807293 |
| Ω | Signify NV | 22356 | 535146 |
| # | Sligro Food Group <br> NV<br>| 2681 | 28792 |
|  | TKH Group NV | 4294 | 189830 |
|  | Van Lanschot Kempen <br> NV<br>| 7450 | 435582 |
| TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 18270208 |
| NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) |
|  | Air New Zealand Ltd. | 465056 | 158345 |
|  | Channel Infrastructure <br> NZ Ltd.<br>| 11440 | 17546 |
|  | Chorus Ltd. (CNU <br> NZ)<br>| 17563 | 94051 |
| \* | Fletcher Building Ltd. <br> (FBU NZ)<br>| 125787 | 234483 |
|  | Genesis Energy Ltd. | 106128 | 152415 |
|  | Heartland Group <br> Holdings Ltd.<br>| 115407 | 71602 |
|  | NZME Ltd. (NZM AU) | 28793 | 19258 |
| \* | Oceania Healthcare <br> Ltd.<br>| 154673 | 69879 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) |
| \* | Ryman Healthcare <br> Ltd.<br>| 15148 | $24806 |
|  | Sanford Ltd. | 17604 | 61982 |
|  | SKY Network <br> Television Ltd.<br>| 32394 | 66756 |
| \* | SKYCITY <br> Entertainment <br> Group Ltd.<br>| 173039 | 72199 |
|  | Summerset Group <br> Holdings Ltd.<br>| 36929 | 244927 |
|  | TOWER Ltd. | 19158 | 20263 |
| TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 1308512 |
| NORWAY — (0.5%) | NORWAY — (0.5%) | NORWAY — (0.5%) | NORWAY — (0.5%) |
|  | 2020 Bulkers Ltd. | 2841 | 38771 |
|  | Archer Ltd. | 6078 | 14152 |
|  | Austevoll Seafood <br> ASA<br>| 6807 | 63913 |
| # | Bakkafrost P | 1279 | 58729 |
|  | Bluenord ASA | 579 | 26440 |
|  | Bonheur ASA | 3074 | 66503 |
| \* | BW Energy Ltd. | 23307 | 88788 |
| Ω | BW LPG Ltd. | 25951 | 343662 |
|  | BW Offshore Ltd. | 27830 | 101341 |
| \* | Cadeler AS (CADLR <br> NO)<br>| 611 | 2833 |
| \* | Cloudberry Clean <br> Energy ASA<br>| 32869 | 42782 |
|  | DNO ASA | 122377 | 167103 |
|  | DOF Group ASA | 1324 | 11869 |
| Ω | Elkem ASA | 50635 | 133185 |
| \* | Endur ASA | 3678 | 30837 |
| # | FLEX LNG Ltd. <br> (FLNG NO)<br>| 4605 | 119592 |
| \* | Grieg Seafood ASA | 9174 | 61436 |
|  | Hafnia Ltd. | 60809 | 378825 |
| # | Hoegh Autoliners <br> ASA<br>| 19525 | 174955 |
| Ω | Klaveness <br> Combination <br> Carriers ASA<br>| 5622 | 42615 |
| \* | Kongsberg Automotive <br> ASA<br>| 20666 | 3531 |
| \* | LINK Mobility Group <br> Holding ASA<br>| 51268 | 151847 |
|  | Morrow Bank ASA | 17065 | 22492 |
|  | MPC Container Ships <br> ASA<br>| 79100 | 138411 |
|  | Odfjell Drilling Ltd. | 30393 | 244130 |
|  | Odfjell SE, Class A | 6984 | 83947 |
|  | Odfjell Technology <br> Ltd.<br>| 4141 | 23778 |
| \* | OKEA ASA | 12330 | 22201 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
| #Ω | Okeanis Eco Tankers <br> Corp.<br>| 1057 | $36441 |
|  | Panoro Energy ASA | 18567 | 39679 |
|  | Pareto Bank ASA | 11899 | 100809 |
|  | Pexip Holding ASA | 9867 | 60613 |
|  | Rogaland Sparebank | 3712 | 50503 |
| \*Ω | Scatec ASA | 15949 | 168228 |
|  | Sea1 offshore, Inc. | 8429 | 16684 |
|  | Selvaag Bolig ASA | 10789 | 35063 |
| \*Ω | Shelf Drilling Ltd. | 18087 | 32652 |
|  | Solstad Maritime <br> Holding AS<br>| 24572 | 43528 |
| \* | Solstad Offshore ASA | 2236 | 9594 |
|  | Sparebank 1 <br> Oestlandet<br>| 5339 | 93625 |
|  | Sparebanken More | 9555 | 94284 |
|  | Stolt-Nielsen Ltd. | 5274 | 176896 |
|  | TGS ASA | 38218 | 329815 |
|  | Wilh Wilhelmsen <br> Holding ASA, <br> Class A<br>| 2395 | 120717 |
|  | Wilh Wilhelmsen <br> Holding ASA, <br> Class B<br>| 1108 | 52633 |
| TOTAL NORWAY | TOTAL NORWAY |  | 4120432 |
| PHILIPPINES — (0.1%) | PHILIPPINES — (0.1%) | PHILIPPINES — (0.1%) | PHILIPPINES — (0.1%) |
|  | Alliance Global Group, <br> Inc.<br>| 143900 | 17837 |
| \* | Atlas Consolidated <br> Mining & <br> Development Corp.<br>| 95100 | 8280 |
|  | Bloomberry Resorts <br> Corp.<br>| 579000 | 31457 |
|  | China Banking Corp. | 111750 | 97055 |
|  | Converge Information <br> & Communications <br> Technology <br> Solutions, Inc.<br>| 98600 | 21347 |
|  | DMCI Holdings, Inc. | 178300 | 34186 |
|  | DoubleDragon Corp. | 56800 | 9560 |
|  | First Philippine <br> Holdings Corp.<br>| 35390 | 42997 |
|  | Globe Telecom, Inc. | 1390 | 34852 |
|  | GT Capital Holdings, <br> Inc.<br>| 5885 | 54587 |
|  | JG Summit Holdings, <br> Inc.<br>| 79600 | 32374 |
|  | LT Group, Inc. | 216500 | 53809 |
|  | Megaworld Corp. | 1007000 | 34066 |
|  | Metropolitan Bank & <br> Trust Co.<br>| 25710 | 30136 |
|  | Petron Corp. | 425100 | 16997 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |
|  | Philcomsat Holdings <br> Corp.<br>| 10942 | $19889 |
|  | Philippine National <br> Bank<br>| 15800 | 13850 |
| \*†† | Phoenix Petroleum <br> Philippines, Inc.<br>| 68700 | 911 |
|  | Puregold Price Club, <br> Inc.<br>| 114200 | 73832 |
|  | RFM Corp. | 131000 | 9663 |
|  | Rizal Commercial <br> Banking Corp.<br>| 4320 | 1865 |
|  | Robinsons Land <br> Corp.<br>| 155731 | 39432 |
|  | Robinsons Retail <br> Holdings, Inc.<br>| 16900 | 9992 |
|  | San Miguel Corp. | 22540 | 24908 |
|  | Security Bank Corp. | 19090 | 22566 |
| \* | Top Frontier <br> Investment <br> Holdings, Inc.<br>| 3550 | 3633 |
|  | Universal Robina <br> Corp.<br>| 11780 | 14600 |
|  | Wilcon Depot, Inc. | 91500 | 11974 |
| TOTAL PHILIPPINES | TOTAL PHILIPPINES |  | 766655 |
| POLAND — (0.3%) | POLAND — (0.3%) | POLAND — (0.3%) | POLAND — (0.3%) |
|  | AB SA | 2231 | 58720 |
|  | Alior Bank SA | 16093 | 448434 |
|  | ASBISc Enterprises <br> PLC<br>| 6848 | 55241 |
|  | Asseco Poland SA | 767 | 44614 |
|  | Auto Partner SA | 5862 | 28613 |
|  | Bank Handlowy w <br> Warszawie SA<br>| 4848 | 136654 |
| \* | Bank Millennium SA | 30021 | 125661 |
| \* | Bank Ochrony <br> Srodowiska SA<br>| 9806 | 31958 |
|  | BNPP Bank Polska <br> SA<br>| 380 | 11641 |
| \* | Cognor Holding SA | 27036 | 48336 |
|  | Develia SA | 100947 | 223165 |
| \* | Echo Investment SA | 21847 | 32527 |
| \* | Enea SA | 47976 | 269126 |
| \* | Eurocash SA | 4494 | 9801 |
| \* | Fabryki Mebli Forte <br> SA<br>| 2722 | 19235 |
| \* | Grupa Azoty SA | 2085 | 10566 |
|  | Inter Cars SA | 983 | 146890 |
|  | Mirbud SA | 6182 | 22745 |
| \* | PGE Polska Grupa <br> Energetyczna SA<br>| 124705 | 378140 |
| \* | PKP Cargo SA | 7789 | 33852 |
| \* | Tauron Polska Energia <br> SA<br>| 191826 | 519299 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) |
|  | TEN Square Games <br> SA<br>| 450 | $11024 |
|  | Torpol SA | 2282 | 32915 |
| \* | VRG SA | 30608 | 36807 |
|  | Warsaw Stock <br> Exchange<br>| 2325 | 38459 |
|  | Wawel SA | 24 | 4575 |
| TOTAL POLAND | TOTAL POLAND |  | 2778998 |
| PORTUGAL — (0.5%) | PORTUGAL — (0.5%) | PORTUGAL — (0.5%) | PORTUGAL — (0.5%) |
| # | Altri SGPS SA | 21181 | 120136 |
|  | Banco Comercial <br> Portugues SA, <br> Class R<br>| 2391538 | 2111015 |
|  | Corticeira Amorim <br> SGPS SA<br>| 8409 | 70548 |
|  | EDP Renovaveis SA | 33174 | 485027 |
|  | Galp Energia SGPS <br> SA<br>| 16728 | 336083 |
|  | Ibersol SGPS SA | 4207 | 48983 |
| # | Navigator Co. SA | 54753 | 189594 |
|  | NOS SGPS SA | 45734 | 198172 |
|  | Semapa-Sociedade <br> de Investimento e <br> Gestao<br>| 3214 | 67049 |
|  | Sonae SGPS SA | 254402 | 414476 |
| TOTAL PORTUGAL | TOTAL PORTUGAL |  | 4041083 |
| QATAR — (0.2%) | QATAR — (0.2%) | QATAR — (0.2%) | QATAR — (0.2%) |
|  | Aamal Co. | 303573 | 65902 |
|  | Al Khaleej Takaful <br> Group QSC<br>| 19241 | 12570 |
| \* | Baladna | 122538 | 51382 |
|  | Barwa Real Estate <br> Co.<br>| 324785 | 234550 |
|  | Commercial Bank <br> PSQC <br>| 89426 | 101770 |
|  | Doha Bank QPSC | 508944 | 351232 |
|  | Doha Insurance Co. <br> QSC<br>| 77894 | 53939 |
|  | Gulf International <br> Services QSC<br>| 37959 | 32181 |
|  | Gulf Warehousing <br> Co.<br>| 71862 | 50499 |
|  | Lesha Bank LLC | 44914 | 22278 |
| \* | Mazaya Real Estate <br> Development <br> QPSC<br>| 132516 | 22327 |
|  | Qatar Industrial <br> Manufacturing Co. <br> QSC<br>| 45582 | 30227 |
|  | Qatar Insurance Co. <br> SAQ<br>| 256388 | 144326 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) |
|  | Qatar National <br> Cement Co. QSC<br>| 53035 | $44337 |
|  | Salam International <br> Investment Ltd. <br> QSC<br>| 308205 | 63969 |
|  | United Development <br> Co. QSC<br>| 532664 | 137952 |
| TOTAL QATAR | TOTAL QATAR |  | 1419441 |
| RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) |
| \*†† | Lenta International <br> Co. PJSC, GDR<br>| 3874 | 0 |
| \*†† | Magnitogorsk Iron & <br> Steel Works PJSC <br> (MMK LI), <br> Sponsored GDR<br>| 22423 | 0 |
| \*†† | RusHydro PJSC <br> (RSHYY US), ADR<br>| 154685 | 0 |
| \*†† | VTB Bank PJSC <br> (VTBR LI), GDR<br>| 176858 | 0 |
| SAUDI ARABIA — (0.8%) | SAUDI ARABIA — (0.8%) | SAUDI ARABIA — (0.8%) | SAUDI ARABIA — (0.8%) |
|  | Ades Holding Co. | 21292 | 96218 |
| \* | Advanced <br> Petrochemical Co.<br>| 15624 | 157569 |
|  | Al Babtain Power & <br> Telecommunication <br> Co.<br>| 9321 | 156008 |
|  | Al Hammadi Holding | 9346 | 87067 |
|  | Al Hassan Ghazi <br> Ibrahim Shaker Co.<br>| 6222 | 43372 |
|  | Al Jouf Agricultural <br> Development Co.<br>| 1477 | 18109 |
| \* | Al Khaleej Training & <br> Education Co.<br>| 5361 | 41818 |
|  | Al Yamamah Steel <br> Industries Co.<br>| 2314 | 22671 |
|  | Alaseel Co. | 16438 | 15637 |
|  | AlJazira Takaful <br> Ta'awuni Co.<br>| 10659 | 35148 |
| \* | Allianz Saudi Fransi <br> Cooperative <br> Insurance Co.<br>| 5158 | 18788 |
|  | Arab National Bank | 71464 | 462195 |
|  | Arabian Cement Co. | 8754 | 51676 |
|  | Arabian Drilling Co. | 4196 | 99088 |
|  | Arabian Pipes Co. | 8095 | 12306 |
| \* | Arabian Shield <br> Cooperative <br> Insurance Co.<br>| 4080 | 14180 |
|  | Arriyadh Development <br> Co.<br>| 13704 | 107640 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
| \* | ARTEX Industrial <br> Investment Co.<br>| 4783 | $17904 |
| \* | BAAN Holding Group <br> Co.<br>| 40855 | 23488 |
|  | Baazeem Trading Co. | 12747 | 23520 |
|  | Bank AlBilad | 12040 | 95135 |
| \* | Bank Al-Jazira | 116971 | 393380 |
|  | Banque Saudi Fransi | 69013 | 328436 |
|  | Bawan Co. | 2144 | 32322 |
| \* | Chubb Arabia <br> Cooperative <br> Insurance Co.<br>| 2201 | 18890 |
|  | City Cement Co. | 9788 | 38033 |
| \* | Dar Al Arkan Real <br> Estate Development <br> Co.<br>| 140280 | 646048 |
|  | Eastern Province <br> Cement Co.<br>| 6417 | 44284 |
|  | Etihad Etisalat Co. | 2405 | 43390 |
| \* | Fitaihi Holding Group | 15542 | 13464 |
|  | Gulf Insurance Group | 4790 | 32290 |
| \* | Herfy Food Services <br> Co.<br>| 3347 | 18657 |
| \* | L'Azurde Co. for <br> Jewelry<br>| 8557 | 28428 |
| \* | Liva Insurance Co. | 3105 | 10986 |
| \* | Lumi Rental Co. | 1962 | 32726 |
| \* | Malath Cooperative <br> Insurance Co.<br>| 2553 | 8454 |
| \* | Mediterranean & Gulf <br> Cooperative <br> Insurance & <br> Reinsurance Co.<br>| 10737 | 43892 |
|  | Middle East <br> Healthcare Co.<br>| 3025 | 41259 |
| \* | Middle East Paper <br> Co.<br>| 3085 | 22207 |
|  | Middle East <br> Specialized Cables <br> Co.<br>| 6218 | 48600 |
|  | Mobile <br> Telecommunications <br> Co. Saudi Arabia<br>| 68365 | 209222 |
| \* | Najran Cement Co. | 13728 | 27596 |
| \* | National Agriculture <br> Development Co. <br>| 15118 | 84067 |
|  | National Co. for Glass <br> Industries <br>| 3337 | 36301 |
| \* | National Gypsum | 2077 | 10708 |
| \* | National <br> Industrialization Co.<br>| 4675 | 14422 |
|  | Qassim Cement Co. | 3643 | 40946 |
|  | Riyadh Cement Co. | 5140 | 36049 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Sahara International <br> Petrochemical Co.<br>| 43855 | $221025 |
|  | Saudi Cement Co. | 2807 | 28646 |
|  | Saudi Ceramic Co. | 7838 | 63927 |
|  | Saudi Chemical Co. <br> Holding<br>| 136990 | 269467 |
|  | Saudi Investment <br> Bank <br>| 59760 | 219040 |
| \* | Saudi Marketing Co. | 7095 | 31367 |
| \* | Saudi Pharmaceutical <br> Industries & Medical <br> Appliances Corp.<br>| 8469 | 68407 |
| \* | Saudi Public Transport <br> Co.<br>| 12940 | 43756 |
| \* | Saudi Reinsurance <br> Co.<br>| 20340 | 168533 |
|  | Saudi Steel Pipe Co. | 2289 | 31770 |
| \* | Savola Group  | 14802 | 97137 |
|  | Scientific & Medical <br> Equipment House <br> Co.<br>| 1696 | 17792 |
| \* | Seera Group Holding | 40211 | 332761 |
| \* | Sinad Holding Co. | 11569 | 32300 |
|  | Southern Province <br> Cement Co.<br>| 5204 | 34709 |
|  | Sumou Real Estate <br> Co.<br>| 2118 | 21911 |
|  | Sustained <br> Infrastructure <br> Holding Co.<br>| 10203 | 99436 |
|  | Tabuk Cement Co. | 7771 | 21154 |
|  | Tanmiah Food Co. | 989 | 20730 |
|  | United International <br> Transportation Co.<br>| 7431 | 146653 |
|  | United Wire Factories <br> Co.<br>| 1607 | 10696 |
|  | Yamama Cement Co. | 19897 | 145758 |
|  | Yanbu National <br> Petrochemical Co.<br>| 14037 | 129071 |
|  | Zahrat Al Waha For <br> Trading Co.<br>| 1576 | 10885 |
| TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA |  | 6171525 |
| SINGAPORE — (0.7%) | SINGAPORE — (0.7%) | SINGAPORE — (0.7%) | SINGAPORE — (0.7%) |
| \* | AEM Holdings Ltd. | 49600 | 72199 |
|  | BRC Asia Ltd. | 17700 | 57327 |
|  | Bukit Sembawang <br> Estates Ltd.<br>| 32900 | 105916 |
|  | China Aviation Oil <br> Singapore Corp. <br> Ltd.<br>| 94800 | 110652 |
|  | City Developments <br> Ltd.<br>| 76500 | 424916 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
| \* | COSCO Shipping <br> International <br> Singapore Co. Ltd.<br>| 195200 | $18131 |
|  | CSE Global Ltd. | 154087 | 99882 |
|  | Delfi Ltd. | 26800 | 16675 |
| \*†† | Ezion Holdings Ltd. | 1083800 | 0 |
| #\*†† | Ezra Holdings Ltd. | 468200 | 0 |
|  | Far East Orchard Ltd. | 64355 | 61275 |
|  | First Resources Ltd. | 123200 | 185598 |
|  | Frasers Property Ltd. | 71200 | 57381 |
|  | Frencken Group Ltd. | 48000 | 60741 |
| # | Genting Singapore <br> Ltd.<br>| 686000 | 384536 |
|  | Geo Energy <br> Resources Ltd.<br>| 59900 | 22286 |
|  | Golden <br> Agri-Resources <br> Ltd.<br>| 1767100 | 380152 |
|  | GuocoLand Ltd. | 68600 | 114317 |
|  | Ho Bee Land Ltd. | 50700 | 87612 |
|  | Hong Fok Corp. Ltd. | 88990 | 52624 |
|  | Hong Leong Asia Ltd. | 61800 | 114337 |
|  | Hongkong Land <br> Holdings Ltd.<br>| 34000 | 207751 |
|  | Hotel Grand Central <br> Ltd.<br>| 35281 | 18967 |
|  | Hutchison Port <br> Holdings Trust<br>| 1140600 | 239632 |
| \*†† | Hyflux Ltd. | 124600 | 0 |
|  | Indofood Agri <br> Resources Ltd.<br>| 57000 | 16179 |
|  | ISDN Holdings Ltd. | 73385 | 23978 |
|  | Mandarin Oriental <br> International Ltd.<br>| 67600 | 221502 |
|  | Marco Polo Marine <br> Ltd.<br>| 1031800 | 83322 |
| \* | Mermaid Maritime <br> PCL<br>| 51800 | 4978 |
|  | Mewah International, <br> Inc.<br>| 86100 | 19891 |
| \*†† | Midas Holdings Ltd. | 343400 | 0 |
|  | Nanofilm Technologies <br> International Ltd.<br>| 51300 | 27349 |
|  | Netlink NBN Trust | 312900 | 235555 |
|  | Olam Group Ltd. | 162020 | 122083 |
|  | OUE Ltd. | 54100 | 53219 |
|  | QAF Ltd. | 53800 | 37012 |
| \* | Rex International <br> Holding Ltd.<br>| 130100 | 16724 |
|  | Seatrium Ltd. | 309400 | 516152 |
|  | SIA Engineering Co. <br> Ltd.<br>| 7300 | 19803 |
|  | Singapore Land <br> Group Ltd.<br>| 50200 | 118803 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Straits Trading Co. <br> Ltd.<br>| 22746 | $29360 |
| \*†† | Swiber Holdings Ltd. | 92600 | 0 |
|  | Tai Sin Electric Ltd. | 34116 | 17036 |
|  | Tiong Woon Corp. <br> Holding Ltd.<br>| 30600 | 19050 |
|  | Tuan Sing Holdings <br> Ltd.<br>| 190995 | 50685 |
|  | UOB-Kay Hian <br> Holdings Ltd.<br>| 112608 | 211701 |
|  | UOL Group Ltd. | 99200 | 606034 |
|  | Venture Corp. Ltd. | 31300 | 358191 |
|  | Wee Hur Holdings <br> Ltd.<br>| 122400 | 67956 |
|  | Wing Tai Holdings <br> Ltd.<br>| 14800 | 16268 |
| TOTAL SINGAPORE | TOTAL SINGAPORE |  | 5785738 |
| SOUTH AFRICA — (1.1%) | SOUTH AFRICA — (1.1%) | SOUTH AFRICA — (1.1%) | SOUTH AFRICA — (1.1%) |
|  | Adcock Ingram <br> Holdings Ltd.<br>| 5338 | 23049 |
|  | AECI Ltd. | 7257 | 37421 |
|  | African Rainbow <br> Minerals Ltd.<br>| 13994 | 138974 |
|  | Afrimat Ltd. | 7772 | 20381 |
|  | Altron Ltd., Class A | 34495 | 36582 |
|  | Anglogold Ashanti <br> PLC (AU US)<br>| 40851 | 2777868 |
|  | Astral Foods Ltd. | 2971 | 38346 |
|  | Barloworld Ltd. | 25589 | 176400 |
|  | Bidvest Group Ltd. | 4953 | 64430 |
|  | Curro Holdings Ltd. | 38676 | 29512 |
|  | DataTec Ltd. | 73277 | 303916 |
|  | Foschini Group Ltd. | 47220 | 250655 |
|  | Grindrod Ltd. | 92943 | 90831 |
|  | Hudaco Industries <br> Ltd.<br>| 3075 | 31465 |
|  | Impala Platinum <br> Holdings Ltd.<br>| 83121 | 890806 |
|  | Invicta Holdings Ltd. | 8097 | 17881 |
|  | Kumba Iron Ore Ltd. | 2008 | 39991 |
|  | Lewis Group Ltd. | 12017 | 57948 |
|  | Momentum Group <br> Ltd.<br>| 183979 | 354213 |
|  | Motus Holdings Ltd. | 21794 | 131323 |
|  | Mpact Ltd. | 23171 | 31278 |
|  | Nedbank Group Ltd. | 34341 | 468163 |
|  | Netcare Ltd. | 133954 | 112968 |
|  | Northam Platinum <br> Holdings Ltd.<br>| 18803 | 314023 |
|  | Oceana Group Ltd. | 11312 | 31932 |
|  | Old Mutual Ltd. (OMU <br> SJ)<br>| 751257 | 587448 |
|  | Omnia Holdings Ltd. | 26739 | 117568 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |
| Ω | Pepkor Holdings Ltd. | 80263 | $122379 |
| \* | Pick n Pay Stores <br> Ltd.<br>| 38117 | 62222 |
|  | PPC Ltd. | 380330 | 120649 |
|  | Raubex Group Ltd. | 15486 | 37012 |
|  | RCL Foods Ltd. | 33526 | 18865 |
|  | Reunert Ltd. | 18590 | 59915 |
| \* | Sasol Ltd. (SOL SJ) | 70569 | 441520 |
| \* | Sibanye Stillwater Ltd. <br> (SBSW US), ADR<br>| 33192 | 350508 |
| \* | Sibanye Stillwater Ltd. <br> (SSW SJ)<br>| 19643 | 52127 |
|  | Southern Sun Ltd. | 161714 | 85860 |
|  | Telkom SA SOC Ltd. | 62873 | 175865 |
|  | Thungela Resources <br> Ltd. (TGA SJ)<br>| 11762 | 51974 |
|  | Tsogo Sun Ltd. | 70589 | 28816 |
|  | We Buy Cars <br> Holdings Ltd.<br>| 34389 | 91195 |
| TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA |  | 8874279 |
| SOUTH KOREA — (3.2%) | SOUTH KOREA — (3.2%) | SOUTH KOREA — (3.2%) | SOUTH KOREA — (3.2%) |
|  | ABOV Semiconductor <br> Co. Ltd.<br>| 1770 | 15554 |
|  | Aekyung Chemical <br> Co. Ltd.<br>| 2784 | 21331 |
|  | Aekyung Industrial Co. <br> Ltd.<br>| 869 | 8533 |
| \* | Air Busan Co. Ltd. | 7825 | 10047 |
|  | AJ Networks Co. Ltd. | 5387 | 16245 |
|  | Ajin Industrial Co. <br> Ltd.<br>| 10506 | 24232 |
|  | AK Holdings, Inc. | 849 | 5834 |
| \* | ALUKO Co. Ltd. | 7369 | 10608 |
|  | Amorepacific Corp. | 1554 | 131620 |
| \* | Ananti, Inc. | 9044 | 48794 |
|  | Asia Cement Co. Ltd. | 3780 | 32345 |
|  | ASIA Holdings Co. <br> Ltd.<br>| 243 | 60697 |
|  | Asia Paper <br> Manufacturing Co. <br> Ltd.<br>| 5170 | 26755 |
|  | Avaco Co. Ltd. | 2188 | 24022 |
|  | Avatec Co. Ltd. | 1523 | 9786 |
|  | Baiksan Co. Ltd. | 1801 | 17027 |
|  | BGF retail Co. Ltd. | 1089 | 79127 |
|  | BH Co. Ltd. | 3588 | 46096 |
| \* | Binex Co. Ltd. | 2177 | 24284 |
|  | Binggrae Co. Ltd. | 782 | 39627 |
|  | BIT Computer Co. <br> Ltd.<br>| 4816 | 16038 |
| \* | BNC Korea Co. Ltd. | 11690 | 41544 |
|  | BNK Financial Group, <br> Inc.<br>| 48165 | 466273 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Bookook Securities <br> Co. Ltd.<br>| 475 | $22561 |
|  | Boryung | 6086 | 37686 |
|  | BYC Co. Ltd. | 480 | 12640 |
|  | Byucksan Corp. | 5851 | 7162 |
|  | C&G Hi Tech Co. Ltd. | 996 | 11103 |
| \* | Cafe24 Corp. | 1506 | 37792 |
|  | Cheil Worldwide, Inc. | 8716 | 124383 |
|  | Chemtronics Co. Ltd. | 1536 | 37497 |
|  | Chong Kun Dang <br> Pharmaceutical <br> Corp.<br>| 1081 | 62752 |
| \* | Chunbo Co. Ltd. | 547 | 27612 |
| \* | CJ CGV Co. Ltd. | 13770 | 48234 |
|  | CJ CheilJedang Corp. | 1166 | 187518 |
|  | CJ Corp. | 2180 | 260790 |
| \* | CJ ENM Co. Ltd. | 2415 | 118740 |
|  | CJ Logistics Corp. | 1398 | 80719 |
| \* | CJ Seafood Corp. | 2153 | 4062 |
|  | CLIO Cosmetics Co. <br> Ltd.<br>| 1640 | 16429 |
|  | Cosmecca Korea Co. <br> Ltd.<br>| 429 | 19871 |
|  | Coway Co. Ltd. | 8915 | 557453 |
|  | Cowintech Co. Ltd. | 1119 | 13461 |
| \* | Creative & Innovative <br> System<br>| 2502 | 13261 |
|  | CS Wind Corp. | 3648 | 111405 |
|  | Cuckoo Homesys Co. <br> Ltd.<br>| 1161 | 18729 |
|  | D.I Corp. | 2380 | 40600 |
| \* | Daea TI Co. Ltd. | 5763 | 16359 |
| \* | Daechang Co. Ltd. | 18702 | 17205 |
|  | Daedong Corp. | 2582 | 17631 |
|  | Daeduck Electronics <br> Co. Ltd.<br>| 5657 | 149901 |
| \* | Dae-Il Corp. | 6373 | 22044 |
|  | Daesang Corp. | 3347 | 48900 |
|  | Daesang Holdings Co. <br> Ltd.<br>| 3109 | 20148 |
|  | Daewon <br> Pharmaceutical Co. <br> Ltd.<br>| 3345 | 30540 |
| \* | Daewoo Engineering <br> & Construction Co. <br> Ltd.<br>| 28171 | 73893 |
|  | Daewoong Co. Ltd. | 2067 | 31363 |
|  | Daewoong <br> Pharmaceutical Co. <br> Ltd.<br>| 285 | 27897 |
|  | Daishin Securities Co. <br> Ltd.<br>| 4628 | 94332 |
| # | DB HiTek Co. Ltd. | 4535 | 186301 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | DB Insurance Co. <br> Ltd.<br>| 8867 | $788132 |
|  | DB Securities Co. <br> Ltd.<br>| 6876 | 48742 |
|  | Dentium Co. Ltd. | 1251 | 49946 |
|  | DI Dong Il Corp. | 2657 | 33681 |
| \* | DIO Corp. | 1572 | 18522 |
| \* | DK Tech Co. Ltd. | 3048 | 16232 |
|  | DL Holdings Co. Ltd. | 2393 | 65264 |
| †† | DMS Co. Ltd. | 2630 | 4382 |
|  | DN Automotive Corp. | 3206 | 52295 |
|  | Dong-A Socio <br> Holdings Co. Ltd.<br>| 538 | 40953 |
|  | Dongbang Transport <br> Logistics Co. Ltd.<br>| 12138 | 23654 |
|  | Dongjin Semichem <br> Co. Ltd.<br>| 5245 | 156736 |
|  | Dongkoo Bio & <br> Pharma Co. Ltd.<br>| 3053 | 11497 |
|  | DongKook <br> Pharmaceutical Co. <br> Ltd.<br>| 5523 | 68462 |
|  | Dongkuk Industries <br> Co. Ltd.<br>| 6108 | 12791 |
|  | Dongkuk Steel Mill <br> Co. Ltd.<br>| 7529 | 44909 |
|  | Dongsuh Cos., Inc. | 1607 | 30416 |
|  | Dongsung Chemical <br> Co. Ltd.<br>| 6423 | 18026 |
| \* | Dongwha Enterprise <br> Co. Ltd.<br>| 1649 | 11466 |
|  | Dongwha Pharm Co. <br> Ltd.<br>| 2421 | 10630 |
|  | Dongwon Industries <br> Co. Ltd.<br>| 1269 | 43087 |
|  | Dongwon Systems <br> Corp.<br>| 342 | 6710 |
|  | Doosan Bobcat, Inc. | 8043 | 339520 |
|  | Doosan Co. Ltd. | 179 | 118277 |
|  | Doosan Tesna, Inc. | 1849 | 64816 |
|  | Easy Holdings Co. <br> Ltd.<br>| 12035 | 31886 |
|  | Echo Marketing, Inc. | 4758 | 38628 |
|  | Ecoplastic Corp. | 7240 | 16398 |
|  | E-MART, Inc. | 3621 | 183417 |
|  | ENF Technology Co. <br> Ltd.<br>| 1609 | 55794 |
|  | Eugene Investment & <br> Securities Co. Ltd.<br>| 6140 | 16038 |
| \* | EV Advanced Material <br> Co. Ltd.<br>| 8014 | 9821 |
| \* | Exem Co. Ltd. | 7324 | 11114 |
|  | F&F Co. Ltd. | 1664 | 71539 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | F&F Holdings Co. <br> Ltd.<br>| 817 | $10101 |
| \* | Fine M-Tec Co. Ltd. | 2436 | 14871 |
| \* | Fine Semitech Corp. | 574 | 14704 |
| \* | Foosung Co. Ltd. | 7356 | 45801 |
|  | Galaxia Moneytree <br> Co. Ltd.<br>| 2769 | 18372 |
|  | Global Standard <br> Technology Co. <br> Ltd.<br>| 1282 | 23088 |
| \* | GnBS eco Co. Ltd. | 4039 | 8208 |
|  | GnCenergy Co. Ltd. | 2757 | 78313 |
|  | Green Chemical Co. <br> Ltd.<br>| 1815 | 8567 |
|  | Green Cross Corp. | 662 | 60159 |
|  | Green Cross Holdings <br> Corp.<br>| 1762 | 19472 |
|  | GS Engineering & <br> Construction Corp.<br>| 13682 | 179189 |
|  | GS Global Corp. | 6794 | 11694 |
|  | GS Holdings Corp. <br> (078930 KS)<br>| 5217 | 175351 |
| \* | GS P&L Co. Ltd. | 1151 | 30937 |
|  | GS Retail Co. Ltd. | 4854 | 60329 |
|  | HAESUNG DS Co. <br> Ltd.<br>| 1626 | 58612 |
|  | Han Kuk Carbon Co. <br> Ltd.<br>| 4338 | 111383 |
|  | Hancom, Inc. | 2875 | 49956 |
|  | Handsome Co. Ltd. | 912 | 9386 |
|  | Hanil Cement Co. <br> Ltd.<br>| 3382 | 41881 |
|  | Hanil Holdings Co. <br> Ltd.<br>| 1102 | 12514 |
|  | Hanil Hyundai Cement <br> Co. Ltd.<br>| 847 | 10707 |
|  | Hanjin Logistics Corp. | 1377 | 19317 |
|  | Hankook Tire & <br> Technology Co. <br> Ltd.<br>| 11786 | 382662 |
|  | HanmiGlobal Co. Ltd. | 1348 | 19248 |
|  | Hannong Chemicals, <br> Inc.<br>| 950 | 10491 |
| \* | Hanon Systems | 21138 | 64582 |
|  | Hansae Co. Ltd. | 1624 | 12029 |
|  | Hansol Chemical Co. <br> Ltd.<br>| 1224 | 198907 |
| \* | Hansol IONES Co. <br> Ltd.<br>| 1526 | 14101 |
|  | Hansol Paper Co. <br> Ltd.<br>| 2076 | 11839 |
|  | Hanwha Corp. | 6434 | 430333 |
| \* | Hanwha Galleria <br> Corp.<br>| 17598 | 13216 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | Hanwha General <br> Insurance Co. Ltd.<br>| 12669 | $48108 |
| \* | Hanwha Investment & <br> Securities Co. Ltd.<br>| 30496 | 114116 |
| \* | Hanwha Life <br> Insurance Co. Ltd.<br>| 35312 | 74980 |
|  | Hanwha Solutions <br> Corp.<br>| 805 | 17212 |
| \* | Hanyang Digitech Co. <br> Ltd.<br>| 960 | 15305 |
|  | Hanyang Securities <br> Co. Ltd.<br>| 2469 | 32888 |
| \* | Harim Co. Ltd. | 8073 | 16313 |
|  | Harim Holdings Co. <br> Ltd.<br>| 7644 | 39618 |
|  | HD Hyundai Co. Ltd. | 6975 | 1001841 |
|  | HD Hyundai <br> Construction <br> Equipment Co. Ltd.<br>| 2387 | 167204 |
|  | HD Hyundai Infracore <br> Co. Ltd.<br>| 23557 | 251326 |
|  | HDC Holdings Co. <br> Ltd.<br>| 3891 | 50212 |
|  | HDC Hyundai <br> Development <br> Co-Engineering & <br> Construction<br>| 7070 | 95500 |
| \* | HD-Hyundai Marine <br> Engine<br>| 693 | 48230 |
|  | High Tech Pharm Co. <br> Ltd.<br>| 1055 | 9297 |
|  | Hite Jinro Co. Ltd. | 5909 | 78023 |
| \* | HJ Shipbuilding & <br> Construction Co. <br> Ltd.<br>| 1265 | 24988 |
|  | HK inno N Corp. | 1970 | 68229 |
|  | HL Holdings Corp. | 1220 | 34643 |
|  | HL Mando Co. Ltd. | 1677 | 45216 |
| \* | Hotel Shilla Co. Ltd. | 2244 | 76520 |
|  | HS Hyosung <br> Advanced Materials <br> Corp.<br>| 394 | 51122 |
|  | HS Industries Co. <br> Ltd.<br>| 7829 | 21891 |
|  | Huons Co. Ltd. | 603 | 12359 |
|  | Huvitz Co. Ltd. | 1199 | 6935 |
|  | Hwa Shin Co. Ltd. | 3952 | 24361 |
|  | Hyosung Corp. | 1079 | 95720 |
|  | Hyosung Heavy <br> Industries Corp.<br>| 105 | 156622 |
|  | Hyosung TNC Corp. | 452 | 65891 |
|  | Hyundai Bioland Co. <br> Ltd.<br>| 2562 | 7961 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Hyundai BNG Steel <br> Co. Ltd.<br>| 2003 | $15749 |
|  | Hyundai Department <br> Store Co. Ltd.<br>| 2152 | 121914 |
|  | Hyundai Elevator Co. <br> Ltd.<br>| 1020 | 54064 |
|  | HYUNDAI EVERDIGM <br> Corp.<br>| 3603 | 19565 |
|  | Hyundai Glovis Co. <br> Ltd.<br>| 5334 | 704963 |
|  | Hyundai Green Food | 3218 | 33985 |
| \* | Hyundai Marine & Fire <br> Insurance Co. Ltd.<br>| 1920 | 36738 |
|  | Hyundai Motor <br> Securities Co. Ltd.<br>| 3548 | 21698 |
|  | Hyundai Steel Co. | 13805 | 318937 |
|  | Hyundai Wia Corp. | 2807 | 115205 |
|  | HyVision System, Inc. | 2537 | 28764 |
|  | Iljin Electric Co. Ltd. | 2479 | 99651 |
|  | Iljin Holdings Co. Ltd. | 6410 | 31465 |
|  | iM Financial Group <br> Co. Ltd.<br>| 19752 | 183262 |
|  | InBody Co. Ltd. | 1459 | 29364 |
|  | Incross Co. Ltd. | 1224 | 5864 |
|  | Innocean Worldwide, <br> Inc.<br>| 3148 | 37865 |
|  | Innox Advanced <br> Materials Co. Ltd.<br>| 1715 | 29573 |
| \* | Interflex Co. Ltd. | 3002 | 19434 |
|  | Inzi Controls Co. Ltd. | 1401 | 5945 |
|  | IS Dongseo Co. Ltd. | 1866 | 24316 |
|  | i-SENS, Inc. | 2742 | 33267 |
| \* | ITM Semiconductor <br> Co. Ltd.<br>| 1233 | 10359 |
| \* | Jahwa Electronics Co. <br> Ltd.<br>| 1599 | 24286 |
|  | JB Financial Group <br> Co. Ltd.<br>| 21369 | 336428 |
| \* | Jeju Air Co. Ltd. | 2131 | 8533 |
|  | Jinsung T.E.C. | 2323 | 21272 |
|  | JLS Co. Ltd. | 1761 | 7700 |
|  | JVM Co. Ltd. | 697 | 13646 |
|  | JW Life Science <br> Corp.<br>| 891 | 8405 |
|  | K Ensol Co. Ltd. | 1551 | 12452 |
| \*†† | Kanglim Co. Ltd. | 3180 | 2531 |
|  | Kangnam Jevisco Co. <br> Ltd.<br>| 2086 | 17981 |
|  | KC Tech Co. Ltd. | 1618 | 43329 |
|  | KCC Glass Corp. | 1171 | 21317 |
|  | KCTC | 3235 | 12264 |
|  | KEPCO Plant Service <br> & Engineering Co. <br> Ltd.<br>| 2257 | 80057 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | KG Dongbusteel | 4741 | $18112 |
|  | KG Eco Solution Co. <br> Ltd.<br>| 2758 | 10959 |
| \* | KG Mobility Co. | 10255 | 27422 |
|  | KIWOOM Securities <br> Co. Ltd.<br>| 2898 | 601952 |
| \* | KNJ Co. Ltd. | 1623 | 29633 |
|  | Kolmar Korea Co. <br> Ltd.<br>| 384 | 20728 |
|  | Kolon Corp. | 1033 | 31532 |
| # | Kolon Industries, Inc. | 2354 | 58699 |
| \* | Korea Circuit Co. Ltd. | 2209 | 31861 |
|  | Korea Electric <br> Terminal Co. Ltd.<br>| 504 | 21856 |
| \* | Korea Information & <br> Communications <br> Co. Ltd.<br>| 4185 | 23860 |
|  | Korea Information <br> Certificate Authority, <br> Inc.<br>| 4422 | 19231 |
|  | Korea Investment <br> Holdings Co. Ltd.<br>| 6779 | 864294 |
| \* | Korea Line Corp. | 23329 | 30720 |
|  | Korea Movenex Co. <br> Ltd.<br>| 7905 | 22011 |
|  | Korea Parts & <br> Fasteners Co. Ltd.<br>| 2367 | 8909 |
|  | Korea Petrochemical <br> Ind Co. Ltd.<br>| 588 | 53959 |
|  | Korea Petroleum <br> Industries Co.<br>| 1527 | 14897 |
|  | Korean Air Lines Co. <br> Ltd.<br>| 26184 | 406329 |
|  | Korean Reinsurance <br> Co.<br>| 24325 | 181011 |
|  | KSS LINE Ltd. | 1531 | 9926 |
|  | KT Skylife Co. Ltd. | 3139 | 11030 |
|  | KTCS Corp. | 8880 | 18170 |
|  | Kukdong Oil & <br> Chemicals Co. Ltd.<br>| 7243 | 16774 |
| # | Kumho Petrochemical <br> Co. Ltd.<br>| 2834 | 230361 |
| \* | Kumho Tire Co., Inc. | 21150 | 69979 |
|  | Kyung Dong Navien <br> Co. Ltd.<br>| 642 | 31770 |
| \* | LB Semicon, Inc. | 7710 | 26833 |
|  | Lee Ku Industrial Co. <br> Ltd.<br>| 5991 | 20714 |
| \* | LG Display Co. Ltd. <br> (034220 KS)<br>| 48814 | 499057 |
|  | LG H&H Co. Ltd. | 699 | 139368 |
| \* | LG HelloVision Co. <br> Ltd.<br>| 5198 | 8894 |
|  | LG Innotek Co. Ltd. | 2180 | 367749 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | LG Uplus Corp. | 36370 | $388781 |
| \* | LOT Vacuum Co. Ltd. | 1800 | 16439 |
|  | Lotte Chilsung <br> Beverage Co. Ltd.<br>| 287 | 23209 |
|  | Lotte Corp. | 4691 | 96072 |
| \* | Lotte Data <br> Communication Co.<br>| 525 | 7632 |
| \* | Lotte Non-Life <br> Insurance Co. Ltd.<br>| 17130 | 22793 |
|  | Lotte Rental Co. Ltd. | 1787 | 36715 |
|  | Lotte Shopping Co. <br> Ltd.<br>| 1727 | 78810 |
|  | Lotte Wellfood Co. <br> Ltd.<br>| 414 | 33092 |
|  | LS Corp. | 3658 | 533095 |
|  | LS Electric Co. Ltd. | 281 | 85300 |
| \* | LVMC Holdings | 16746 | 19468 |
|  | LX Hausys Ltd. | 1029 | 20299 |
|  | LX International Corp. | 6246 | 131968 |
|  | LX Semicon Co. Ltd. | 1778 | 71311 |
|  | Maeil Dairies Co. Ltd. | 326 | 7924 |
|  | Mcnex Co. Ltd. | 1098 | 23944 |
|  | MegaStudyEdu Co. <br> Ltd.<br>| 783 | 22827 |
|  | META BIOMED Co. <br> Ltd.<br>| 6382 | 25135 |
| \* | Mirae Asset Life <br> Insurance Co. Ltd.<br>| 13834 | 85127 |
| # | Mirae Asset Securities <br> Co. Ltd.<br>| 14906 | 274064 |
|  | Misto Holdings Corp. | 4425 | 114137 |
|  | Miwon Holdings Co. <br> Ltd.<br>| 98 | 4859 |
| \* | Mobase Electronics <br> Co. Ltd.<br>| 5612 | 5343 |
| \* | MONAYONGPYONG | 3397 | 8280 |
|  | Myoung Shin <br> Industrial Co. Ltd.<br>| 4313 | 28200 |
|  | Namhae Chemical <br> Corp.<br>| 2446 | 11057 |
|  | Namuga Co. Ltd. | 1187 | 14038 |
|  | Namyang Dairy <br> Products Co. Ltd.<br>| 660 | 23841 |
|  | Nature Holdings Co. <br> Ltd.<br>| 1365 | 9140 |
| \* | Nepes Ark Corp. | 1076 | 14979 |
| Ω | Netmarble Corp. | 5008 | 189778 |
|  | New Power Plasma <br> Co. Ltd.<br>| 7873 | 34207 |
|  | Nexen Tire Corp. | 4155 | 18703 |
|  | NH Investment & <br> Securities Co. Ltd.<br>| 19257 | 274530 |
|  | NHN KCP Corp. | 2820 | 31472 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | NICE Holdings Co. <br> Ltd.<br>| 2545 | $24768 |
|  | Nong Shim Holdings <br> Co. Ltd.<br>| 222 | 14645 |
| # | NongShim Co. Ltd. | 551 | 168479 |
|  | NOROO Paint & <br> Coatings Co. Ltd.<br>| 1641 | 9741 |
|  | NOVAREX Co. Ltd. | 2404 | 28752 |
|  | OCI Co. Ltd. | 498 | 20612 |
|  | OCI Holdings Co. Ltd. | 2440 | 195095 |
|  | ONEJOON Co. Ltd. | 1256 | 8089 |
|  | Openbase, Inc. | 3762 | 6626 |
|  | Orion Corp. | 3391 | 236132 |
|  | Otoki Corp. | 230 | 62674 |
|  | Pan Ocean Co. Ltd. | 36466 | 97958 |
|  | Paradise Co. Ltd. | 6294 | 81551 |
|  | Partron Co. Ltd. | 7264 | 35232 |
|  | People & Technology, <br> Inc.<br>| 2605 | 78815 |
| \* | Philoptics Co. Ltd. | 1672 | 49205 |
|  | PI Advanced Materials <br> Co. Ltd.<br>| 1653 | 20999 |
| \* | PKC Co. Ltd. | 5088 | 22329 |
|  | Pond Group Co. Ltd. | 1568 | 8931 |
|  | Poongsan Corp. | 3189 | 245262 |
| \* | Power Logics Co. <br> Ltd.<br>| 2279 | 6578 |
|  | Protec Co. Ltd. | 1088 | 23812 |
|  | PSK, Inc. | 2678 | 70576 |
|  | Rorze Systems Corp. | 2569 | 20054 |
|  | S-1 Corp. | 2716 | 142821 |
|  | Sajodaerim Corp. | 742 | 19568 |
|  | Sajodongaone Co. <br> Ltd.<br>| 25293 | 19907 |
|  | Sambo Motors Co. <br> Ltd.<br>| 2461 | 7031 |
|  | SAMHWA Paints <br> Industrial Co. Ltd.<br>| 1739 | 7085 |
|  | Samji Electronics Co. <br> Ltd.<br>| 2577 | 22502 |
|  | Sammok S-Form Co. <br> Ltd.<br>| 803 | 11209 |
|  | SAMPYO Cement Co. <br> Ltd.<br>| 5200 | 10962 |
|  | Samsung Engineering <br> Co. Ltd.<br>| 14287 | 259742 |
|  | Samsung SDS Co. <br> Ltd.<br>| 928 | 119031 |
|  | Samsung Securities <br> Co. Ltd.<br>| 11474 | 620993 |
|  | SAMT Co. Ltd. | 8621 | 22298 |
|  | Samwha Capacitor <br> Co. Ltd.<br>| 696 | 16450 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Samyang Packaging <br> Corp.<br>| 765 | $7610 |
|  | Sang-A Frontec Co. <br> Ltd.<br>| 964 | 12529 |
|  | Saramin Co. Ltd. | 864 | 8090 |
|  | SeAH Besteel <br> Holdings Corp.<br>| 2372 | 45666 |
|  | SeAH Steel Corp. | 204 | 18116 |
|  | SeAH Steel Holdings <br> Corp.<br>| 440 | 44236 |
|  | Seegene, Inc. | 5115 | 90722 |
|  | Segyung Hitech Co. <br> Ltd.<br>| 3961 | 15856 |
|  | Sejong Industrial Co. <br> Ltd.<br>| 2272 | 13113 |
|  | Seobu T&D | 6740 | 43068 |
|  | Seohan Co. Ltd. | 5527 | 3417 |
| \* | Seojin System Co. <br> Ltd.<br>| 3180 | 60320 |
| \* | Seoul Semiconductor <br> Co. Ltd.<br>| 6278 | 27579 |
|  | Seoyon Co. Ltd. | 4111 | 27211 |
|  | Seoyon E-Hwa Co. <br> Ltd.<br>| 2282 | 20784 |
|  | SFA Engineering <br> Corp.<br>| 2362 | 40943 |
| \* | SFA Semicon Co. <br> Ltd.<br>| 7791 | 23277 |
|  | SGC Energy Co. Ltd. | 1511 | 23939 |
|  | Shin Heung Energy & <br> Electronics Co. Ltd.<br>| 3055 | 11685 |
|  | Shinsegae <br> International, Inc.<br>| 3582 | 25815 |
|  | Shinsegae, Inc. | 1278 | 155765 |
|  | Showbox Corp. | 6629 | 11783 |
|  | SIMMTECH Co. Ltd. | 4409 | 193931 |
|  | SK Discovery Co. <br> Ltd.<br>| 1664 | 69266 |
| \* | SK Eternix Co. Ltd. | 2737 | 39841 |
|  | SK Gas Ltd. | 499 | 91179 |
| \*Ω | SK IE Technology Co. <br> Ltd.<br>| 3422 | 73515 |
|  | SK Networks Co. Ltd. | 5652 | 17991 |
| \* | SK oceanplant Co. <br> Ltd.<br>| 4477 | 66494 |
|  | SK Securities Co. <br> Ltd.<br>| 39074 | 19172 |
|  | SL Corp. | 3258 | 82780 |
| \* | SMEC Co. Ltd. | 13544 | 38969 |
|  | Solid, Inc. | 12020 | 67674 |
|  | Songwon Industrial <br> Co. Ltd.<br>| 2765 | 18610 |
|  | Soulbrain Co. Ltd. | 520 | 102845 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Soulbrain Holdings <br> Co. Ltd.<br>| 527 | $15813 |
|  | Straffic Co. Ltd. | 4344 | 11143 |
| \* | Studio Dragon Corp. | 1817 | 58005 |
|  | Sung Kwang Bend <br> Co. Ltd.<br>| 4963 | 109478 |
|  | Sungshin Cement Co. <br> Ltd.<br>| 3983 | 26211 |
|  | Sungwoo Hitech Co. <br> Ltd.<br>| 6297 | 29839 |
|  | Sunjin Co. Ltd. | 1676 | 11702 |
|  | SY Co. Ltd. | 6965 | 14862 |
| \* | Synergy Innovation <br> Co. Ltd.<br>| 10808 | 18462 |
|  | Systems Technology, <br> Inc.<br>| 1416 | 22658 |
|  | Tae Kyung Industrial <br> Co. Ltd.<br>| 2320 | 8232 |
| \* | Taewoong Co. Ltd. | 1335 | 28750 |
| \* | Taihan Cable & <br> Solution Co. Ltd.<br>| 2639 | 44602 |
|  | TechWing, Inc. | 698 | 32435 |
|  | Telechips, Inc. | 1342 | 13108 |
|  | TES Co. Ltd. | 967 | 29904 |
| \* | Theragen Etex Co. <br> Ltd.<br>| 4269 | 7634 |
|  | TK Corp. | 2713 | 53709 |
|  | TKG Huchems Co. <br> Ltd.<br>| 3216 | 40318 |
|  | TLB Co. Ltd. | 1452 | 69516 |
| \* | Tongyang Life <br> Insurance Co. Ltd.<br>| 9522 | 45196 |
|  | Tovis Co. Ltd. | 3257 | 34220 |
|  | Tplex Co. Ltd. | 3294 | 6879 |
|  | TS Corp. | 13340 | 26225 |
|  | TSE Co. Ltd. | 725 | 26303 |
|  | TYM Corp. | 5010 | 20885 |
|  | Unid Co. Ltd. | 823 | 38802 |
|  | Union Semiconductor <br> Equipment & <br> Materials Co. Ltd.<br>| 3748 | 26233 |
|  | Uniquest Corp. | 2472 | 13294 |
|  | Unitrontech Co. Ltd. | 2852 | 12048 |
|  | Value Added <br> Technology Co. <br> Ltd.<br>| 727 | 11188 |
| \*†† | Vidente Co. Ltd. | 7159 | 3130 |
|  | Vieworks Co. Ltd. | 347 | 4611 |
|  | Vitzro Tech Co. Ltd. | 3438 | 21242 |
|  | WONIK IPS Co. Ltd. | 4011 | 179899 |
|  | Wonik Materials Co. <br> Ltd.<br>| 1628 | 36944 |
|  | Wonik QnC Corp. | 2576 | 42146 |
|  | Woojin, Inc. | 3122 | 33215 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | Wooree Bio Co. Ltd. | 4791 | $7100 |
|  | Wooshin Systems Co. <br> Ltd.<br>| 1863 | 8771 |
| \* | Woosu AMS Co. Ltd. | 4857 | 9887 |
|  | Worldex Industry & <br> Trading Co. Ltd.<br>| 1407 | 24781 |
| \* | YC Corp. | 4316 | 43860 |
|  | YG Entertainment, <br> Inc.<br>| 940 | 60328 |
| \* | YMT Co. Ltd. | 1177 | 10660 |
|  | Youngone Holdings <br> Co. Ltd.<br>| 1016 | 101269 |
|  | Zeus Co. Ltd. | 3837 | 41493 |
|  | Zinus, Inc. | 2480 | 24004 |
| TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 26580741 |
| SPAIN — (2.2%) | SPAIN — (2.2%) | SPAIN — (2.2%) | SPAIN — (2.2%) |
|  | Acciona SA | 3382 | 748579 |
|  | Acerinox SA | 21598 | 278136 |
|  | ACS Actividades de <br> Construccion y <br> Servicios SA<br>| 3571 | 293230 |
| Ω | Aedas Homes SA | 2127 | 52204 |
|  | Almirall SA | 13056 | 187909 |
|  | Atresmedia Corp. de <br> Medios de <br> Comunicacion SA<br>| 32384 | 196006 |
|  | Azkoyen SA | 2368 | 24077 |
|  | Banco de Sabadell <br> SA<br>| 1583992 | 5938220 |
|  | Bankinter SA | 148799 | 2243031 |
|  | CIE Automotive SA | 3062 | 102690 |
|  | Construcciones y <br> Auxiliar de <br> Ferrocarriles SA<br>| 2481 | 156655 |
|  | Corp. ACCIONA <br> Energias <br> Renovables SA<br>| 7829 | 215382 |
|  | Ebro Foods SA | 16869 | 343813 |
|  | Elecnor SA | 1606 | 52390 |
|  | Enagas SA | 26934 | 427431 |
| # | Ence Energia y <br> Celulosa SA<br>| 13197 | 40305 |
| \* | Ercros SA | 34553 | 127513 |
|  | Faes Farma SA | 34991 | 180101 |
| #Ω | Gestamp Automocion <br> SA<br>| 25814 | 99884 |
| Ω | Global Dominion <br> Access SA<br>| 12230 | 44816 |
|  | Grifols SA | 55033 | 713111 |
|  | Grupo Catalana <br> Occidente SA<br>| 12282 | 700779 |
|  | Mapfre SA | 194247 | 857860 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
|  | Melia Hotels <br> International SA<br>| 9060 | $74972 |
| Ω | Neinor Homes SA | 4591 | 91288 |
| \* | Obrascon Huarte Lain <br> SA<br>| 11425 | 5992 |
|  | Repsol SA (REP SM) | 149030 | 2734604 |
| \* | Solaria Energia y <br> Medio Ambiente <br> SA<br>| 6432 | 111228 |
| # | Tubacex SA | 19616 | 74723 |
| Ω | Unicaja Banco SA | 308390 | 832594 |
| TOTAL SPAIN | TOTAL SPAIN |  | 17949523 |
| SWEDEN — (1.9%) | SWEDEN — (1.9%) | SWEDEN — (1.9%) | SWEDEN — (1.9%) |
| Ω | AcadeMedia AB | 25979 | 286888 |
|  | AddLife AB, Class B | 3936 | 85032 |
|  | AFRY AB | 21068 | 361423 |
| Ω | Alimak Group AB | 8408 | 124214 |
|  | Alleima AB | 47686 | 411828 |
|  | Alligo AB, Class B | 5015 | 62573 |
| Ω | Ambea AB | 22319 | 300928 |
|  | AQ Group AB | 16260 | 335092 |
|  | Arise AB | 8680 | 27402 |
|  | Arjo AB, Class B | 47018 | 149200 |
| \* | Asmodee Group AB, <br> Class B<br>| 33734 | 434727 |
| Ω | Attendo AB | 34072 | 289088 |
|  | Beijer Alma AB | 4542 | 138648 |
|  | Bergman & Beving <br> AB<br>| 3715 | 131132 |
|  | Betsson AB, Class B | 31487 | 490712 |
| \* | Better Collective AS | 5026 | 61665 |
| \* | BHG Group AB | 51774 | 156258 |
|  | Bilia AB, Class A | 16951 | 237319 |
|  | Billerud Aktiebolag | 44659 | 413249 |
| \*Ω | Boozt AB | 8782 | 94940 |
| Ω | Bravida Holding AB | 37595 | 317764 |
|  | Bulten AB | 2101 | 10778 |
|  | Byggmax Group AB | 16014 | 81462 |
|  | Catella AB | 9935 | 32452 |
| \* | Cint Group AB | 90131 | 34233 |
|  | Cloetta AB, Class B | 83052 | 309292 |
|  | Coinshares <br> International Ltd.<br>| 1605 | 28274 |
| Ω | Coor Service <br> Management <br> Holding AB<br>| 12142 | 59623 |
|  | Eastnine AB | 12454 | 65576 |
| \* | Electrolux AB, <br> Class B<br>| 4226 | 27269 |
|  | Elekta AB, Class B | 52511 | 266904 |
| \* | Embracer Group AB | 23885 | 248922 |
| \* | Enea AB | 3692 | 27037 |
|  | Fagerhult Group AB | 8823 | 42878 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | G5 Entertainment AB | 1578 | $15628 |
|  | Getinge AB, Class B | 9972 | 233601 |
|  | Granges AB | 50903 | 744856 |
|  | Hanza AB | 7820 | 107945 |
| #\* | Hexatronic Group AB | 24995 | 56886 |
|  | Hexpol AB | 29099 | 264575 |
|  | Humana AB | 10660 | 54295 |
|  | Husqvarna AB <br> (HUSQB SS), <br> Class B<br>| 47278 | 223864 |
|  | Instalco AB | 31430 | 79641 |
| \* | International <br> Petroleum Corp. <br> (IPCO CN)<br>| 952 | 15123 |
| \* | International <br> Petroleum Corp. <br> (IPCO SS)<br>| 23523 | 366074 |
|  | Inwido AB | 16464 | 247505 |
| \* | ITAB Shop Concept <br> AB<br>| 3109 | 6557 |
|  | JM AB | 5505 | 78375 |
|  | Kabe Group AB, <br> Class B<br>| 128 | 3070 |
| \* | Karnov Group AB | 14750 | 174044 |
|  | KNOW IT AB | 5006 | 63897 |
|  | Lindab International <br> AB<br>| 24204 | 579016 |
|  | Loomis AB | 18184 | 732550 |
|  | MEKO AB | 13313 | 107687 |
| \* | Modern Times Group <br> MTG AB, Class B<br>| 19566 | 263015 |
|  | NCC AB, Class B | 22628 | 515825 |
|  | Nederman Holding <br> AB<br>| 1482 | 25142 |
| \* | Net Insight AB, <br> Class B<br>| 90172 | 36104 |
|  | New Wave Group AB, <br> Class B<br>| 30204 | 355974 |
|  | Nolato AB, Class B | 45704 | 302462 |
| \* | Norion Bank AB | 15589 | 116150 |
| \* | Ovzon AB | 13228 | 45241 |
|  | Peab AB, Class B | 48837 | 395242 |
|  | Prevas AB, Class B | 2525 | 20354 |
| \* | Pricer AB, Class B | 39613 | 18746 |
|  | Proact IT Group AB | 6249 | 67858 |
|  | Ratos AB, Class B | 51154 | 206944 |
|  | Rejlers AB | 4772 | 99822 |
|  | Scandi Standard AB | 13354 | 138300 |
| \* | Sdiptech AB, Class B | 5442 | 108342 |
| \* | Sensys Gatso Group <br> AB<br>| 2295 | 9144 |
| \*Ω | Sinch AB | 139329 | 504533 |
| \* | Sivers <br> Semiconductors AB<br>| 35338 | 14001 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | SkiStar AB | 8658 | $144572 |
|  | SSAB AB (SSABA <br> SS), Class A<br>| 33166 | 209793 |
|  | SSAB AB (SSABB <br> SS), Class B<br>| 116329 | 720297 |
|  | Storskogen Group AB, <br> Class B<br>| 339933 | 351238 |
|  | Systemair AB | 4846 | 39840 |
|  | TF Bank AB | 4086 | 79652 |
|  | VBG Group AB, <br> Class B<br>| 5465 | 207834 |
| \* | Vestum AB | 17354 | 15879 |
|  | Vitrolife AB | 2056 | 31732 |
| #\* | Volvo Car AB, <br> Class B<br>| 76233 | 264159 |
| TOTAL SWEDEN | TOTAL SWEDEN |  | 15608166 |
| SWITZERLAND — (4.8%) | SWITZERLAND — (4.8%) | SWITZERLAND — (4.8%) | SWITZERLAND — (4.8%) |
|  | Adecco Group AG | 33852 | 943874 |
|  | Allreal Holding AG | 4110 | 982326 |
|  | ALSO Holding AG | 1088 | 312617 |
| \* | ams-OSRAM AG | 19720 | 272875 |
|  | Arbonia AG | 11831 | 74812 |
| \* | Aryzta AG | 441 | 28252 |
|  | Ascom Holding AG | 3126 | 13907 |
|  | Autoneum Holding <br> AG<br>| 1237 | 246078 |
|  | Avolta AG | 19397 | 1022494 |
|  | Baloise Holding AG | 13750 | 3414689 |
|  | Banque Cantonale de <br> Geneve<br>| 6250 | 193752 |
|  | Banque Cantonale <br> Vaudoise<br>| 6965 | 808682 |
| # | Barry Callebaut AG | 445 | 578518 |
|  | Bell Food Group AG | 708 | 203141 |
|  | Berner Kantonalbank <br> AG<br>| 1473 | 479866 |
|  | Bossard Holding AG, <br> Class A<br>| 477 | 103654 |
|  | Bucher Industries AG | 1630 | 723271 |
|  | Bystronic AG | 62 | 23044 |
|  | Calida Holding AG | 95 | 1607 |
| \* | Carlo Gavazzi Holding <br> AG<br>| 128 | 25387 |
|  | Cembra Money Bank <br> AG<br>| 7891 | 902360 |
| \* | Cicor Technologies <br> Ltd.<br>| 570 | 156754 |
|  | Cie Financiere <br> Tradition SA<br>| 719 | 272257 |
|  | Clariant AG | 37163 | 333207 |
|  | Coltene Holding AG | 645 | 36350 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | COSMO <br> Pharmaceuticals <br> NV<br>| 1366 | $114962 |
|  | CPH Group AG | 125 | 10885 |
|  | DKSH Holding AG | 8596 | 599447 |
|  | EFG International AG | 30301 | 631863 |
|  | Emmi AG | 207 | 183933 |
|  | Flughafen Zurich AG | 4933 | 1457138 |
|  | Forbo Holding AG | 220 | 202138 |
| Ω | Galenica AG | 11811 | 1272891 |
|  | Helvetia Holding AG | 9919 | 2437383 |
|  | Huber & Suhner AG | 4114 | 753465 |
|  | Hypothekarbank <br> Lenzburg AG<br>| 21 | 104457 |
|  | Implenia AG | 3965 | 314624 |
|  | Interroll Holding AG | 18 | 55546 |
|  | Investis Holding SA | 877 | 143324 |
|  | IVF Hartmann Holding <br> AG<br>| 80 | 13731 |
|  | Julius Baer Group <br> Ltd.<br>| 47004 | 3173170 |
|  | Jungfraubahn Holding <br> AG<br>| 1508 | 443307 |
| \* | Komax Holding AG | 229 | 18870 |
|  | Landis & Gyr Group <br> AG<br>| 4591 | 332594 |
|  | Liechtensteinische <br> Landesbank AG<br>| 3370 | 331537 |
|  | Luzerner <br> Kantonalbank AG<br>| 4501 | 457874 |
| Ω | Medmix AG | 5303 | 60913 |
|  | Meier Tobler Group <br> AG<br>| 1437 | 70524 |
|  | Mikron Holding AG | 2269 | 60338 |
|  | Mobimo Holding AG | 2059 | 872773 |
| \*Ω | Montana Aerospace <br> AG<br>| 6067 | 240538 |
|  | Naturenergie Holding <br> AG<br>| 4333 | 178697 |
|  | OC Oerlikon Corp. AG <br> Pfaffikon<br>| 36629 | 130985 |
|  | Orell Fuessli AG | 25 | 3526 |
|  | Phoenix Mecano AG | 199 | 108466 |
| \*Ω | PolyPeptide Group <br> AG<br>| 2356 | 76302 |
|  | Rieter Holding AG | 9776 | 41749 |
|  | Sandoz Group AG <br> (SDZ SW)<br>| 51632 | 3442656 |
| \*Ω | Sensirion Holding AG | 181 | 12971 |
|  | SFS Group AG | 1096 | 148636 |
|  | Siegfried Holding AG | 3586 | 345904 |
|  | SIG Group AG | 66929 | 748316 |
|  | St. Galler <br> Kantonalbank AG<br>| 812 | 515067 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Stadler Rail AG | 10489 | $257206 |
|  | Sulzer AG | 2788 | 465944 |
|  | Sunrise <br> Communications <br> AG, Class A<br>| 6409 | 351291 |
|  | Swatch Group AG <br> (UHR SW)<br>| 215 | 44932 |
|  | Swatch Group AG <br> (UHRN SW)<br>| 1290 | 54697 |
| # | Swiss Life Holding <br> AG<br>| 122 | 132425 |
|  | Swiss Prime Site AG | 17654 | 2509391 |
|  | Tecan Group AG | 1066 | 194666 |
|  | TX Group AG | 895 | 226042 |
| \* | u-blox Holding AG | 1589 | 265771 |
|  | Valiant Holding AG | 4143 | 681908 |
|  | Vaudoise Assurances <br> Holding SA<br>| 279 | 214269 |
|  | Vetropack Holding AG | 3488 | 93033 |
|  | Vontobel Holding AG | 7402 | 561287 |
|  | VP Bank AG, Class A | 966 | 96900 |
| # | V-ZUG Holding AG | 335 | 17269 |
|  | Walliser <br> Kantonalbank<br>| 1138 | 182554 |
|  | Zehnder Group AG | 1362 | 120015 |
|  | Zug Estates Holding <br> AG, Class B<br>| 79 | 210052 |
|  | Zuger Kantonalbank | 35 | 381791 |
| TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 39326717 |
| TAIWAN — (5.1%) | TAIWAN — (5.1%) | TAIWAN — (5.1%) | TAIWAN — (5.1%) |
|  | Aaeon Technology, <br> Inc.<br>| 4000 | 17546 |
| # | Ability Enterprise Co. <br> Ltd.<br>| 39192 | 108762 |
|  | AcBel Polytech, Inc. | 69687 | 98271 |
|  | Acer Cyber Security, <br> Inc.<br>| 3000 | 17196 |
|  | Acer, Inc. | 554000 | 539776 |
|  | ACES Electronic Co. <br> Ltd.<br>| 19323 | 43034 |
| \* | Acon Holding, Inc. | 57415 | 15357 |
|  | Action Electronics Co. <br> Ltd.<br>| 34000 | 12456 |
|  | Actron Technology <br> Corp.<br>| 2000 | 9020 |
|  | ADATA Technology <br> Co. Ltd.<br>| 37384 | 239988 |
|  | Advanced <br> International <br> Multitech Co. Ltd.<br>| 24000 | 46549 |
|  | Advanced Power <br> Electronics Corp.<br>| 4000 | 13243 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Advancetek Enterprise <br> Co. Ltd.<br>| 29000 | $33142 |
|  | Allmind Holdings <br> Corp.<br>| 7000 | 13209 |
|  | Alltek Technology <br> Corp.<br>| 32000 | 33203 |
|  | Alpha Networks, Inc. | 15000 | 15765 |
|  | Altek Corp. | 52824 | 84781 |
|  | Amazing <br> Microelectronic <br> Corp.<br>| 13000 | 42124 |
|  | AMPACS Corp. | 8000 | 7611 |
|  | Ampak Technology, <br> Inc.<br>| 5000 | 11054 |
|  | Ampire Co. Ltd. | 9000 | 7374 |
|  | AmTRAN Technology <br> Co. Ltd.<br>| 32294 | 14714 |
|  | Anji Technology Co. <br> Ltd.<br>| 8000 | 9662 |
|  | Apacer Technology, <br> Inc.<br>| 19000 | 63688 |
|  | APAQ Technology Co. <br> Ltd.<br>| 6000 | 35875 |
|  | Apex Biotechnology <br> Corp.<br>| 14000 | 14957 |
| \* | Apex International Co. <br> Ltd.<br>| 14209 | 9588 |
|  | Apex Science & <br> Engineering<br>| 23929 | 8549 |
|  | ARBOR Technology <br> Corp.<br>| 9000 | 11910 |
|  | Arcadyan Technology <br> Corp.<br>| 5000 | 32676 |
|  | Ardentec Corp. | 68430 | 207363 |
|  | Asia Electronic <br> Material Co. Ltd.<br>| 19000 | 14167 |
|  | Asia Optical Co., Inc. | 9000 | 45648 |
|  | Asia Tech Image, Inc. | 13000 | 32153 |
|  | ATE Energy <br> International Co. <br> Ltd.<br>| 11000 | 10719 |
| # | AUO Corp. (2409 TT) | 755200 | 296978 |
|  | Axiomtek Co. Ltd. | 4000 | 10654 |
|  | Azurewave <br> Technologies, Inc.<br>| 18000 | 42595 |
|  | Bank of Kaohsiung <br> Co. Ltd.<br>| 213393 | 83928 |
| \* | BES Engineering <br> Corp.<br>| 293000 | 145848 |
| \* | Bin Chuan Enterprise <br> Co. Ltd.<br>| 17000 | 36714 |
|  | Bizlink Holding, Inc. | 2038 | 91605 |
|  | Brave C&H Supply <br> Co. Ltd.<br>| 4000 | 9433 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Brightek <br> Optoelectronic Co. <br> Ltd.<br>| 14000 | $18875 |
|  | Brighton-Best <br> International <br> Taiwan, Inc.<br>| 54000 | 58797 |
|  | Capital Futures Corp. | 21902 | 35201 |
|  | Capital Securities <br> Corp.<br>| 211000 | 167409 |
|  | Castles Technology <br> Co. Ltd.<br>| 11000 | 25373 |
|  | Caswell, Inc. | 4000 | 10908 |
|  | Cathay Real Estate <br> Development Co. <br> Ltd.<br>| 93600 | 69394 |
| \* | CCP Contact Probes <br> Co. Ltd.<br>| 17455 | 30668 |
|  | Celxpert Energy <br> Corp.<br>| 22569 | 29811 |
|  | Cenra, Inc. | 30500 | 33674 |
|  | Central Reinsurance <br> Co. Ltd.<br>| 90556 | 72211 |
|  | Champion Building <br> Materials Co. Ltd.<br>| 69300 | 20462 |
|  | Chang Hwa <br> Commercial Bank <br> Ltd.<br>| 867145 | 557691 |
|  | Channel Well <br> Technology Co. <br> Ltd.<br>| 12000 | 30061 |
|  | Chant Sincere Co. <br> Ltd.<br>| 6000 | 7808 |
|  | CHC Healthcare <br> Group<br>| 20000 | 28005 |
|  | Chen Full International <br> Co. Ltd.<br>| 14000 | 18159 |
|  | Cheng Loong Corp. | 159000 | 88277 |
| \* | Cheng Mei Materials <br> Technology Corp.<br>| 50476 | 22458 |
|  | Cheng Shin Rubber <br> Industry Co. Ltd.<br>| 278000 | 288197 |
|  | Cheng Uei Precision <br> Industry Co. Ltd.<br>| 71000 | 113514 |
|  | Chien Shing Harbour <br> Service Co. Ltd.<br>| 8000 | 11192 |
|  | China Airlines Ltd. | 410000 | 265806 |
|  | China Bills Finance <br> Corp.<br>| 142000 | 76870 |
|  | China General <br> Plastics Corp.<br>| 64516 | 23250 |
|  | China Metal Products | 53000 | 45207 |
|  | China Steel Chemical <br> Corp.<br>| 12000 | 31753 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | China Steel Structure <br> Co. Ltd.<br>| 7000 | $9357 |
|  | China Wire & Cable <br> Co. Ltd.<br>| 26000 | 32217 |
|  | Chinese Maritime <br> Transport Ltd.<br>| 16710 | 31025 |
|  | Ching Feng Home <br> Fashions Co. Ltd.<br>| 29196 | 18751 |
|  | Chin-Poon Industrial <br> Co. Ltd.<br>| 54000 | 57430 |
|  | Chipbond Technology <br> Corp.<br>| 114000 | 220619 |
|  | ChipMOS <br> Technologies, Inc. <br> (8150 TT)<br>| 92344 | 97146 |
|  | Chlitina Holding Ltd. | 11000 | 35723 |
|  | Chong Hong <br> Construction Co. <br> Ltd.<br>| 40000 | 102311 |
|  | Chun Yuan Steel <br> Industry Co. Ltd.<br>| 95000 | 59053 |
| \* | Chung Hwa Pulp <br> Corp.<br>| 70015 | 28404 |
|  | Chunghwa Precision <br> Test Tech Co. Ltd.<br>| 1000 | 52083 |
|  | Collins Co. Ltd. | 19000 | 8417 |
| # | Compal Electronics, <br> Inc.<br>| 871000 | 930709 |
|  | Compeq <br> Manufacturing Co. <br> Ltd.<br>| 170000 | 480461 |
|  | Complex Micro <br> Interconnection Co. <br> Ltd.<br>| 8000 | 10140 |
|  | Concord Securities <br> Co. Ltd.<br>| 122593 | 50716 |
|  | Continental Holdings <br> Corp.<br>| 90000 | 63308 |
|  | Contrel Technology <br> Co. Ltd.<br>| 15000 | 19161 |
| # | Coretronic Corp. | 34000 | 96407 |
|  | Co-Tech Development <br> Corp.<br>| 14000 | 106301 |
|  | Coxon Precise <br> Industrial Co. Ltd.<br>| 16000 | 6701 |
|  | Crowell Development <br> Corp.<br>| 15000 | 15060 |
|  | Cryomax Cooling <br> System Corp.<br>| 14154 | 18433 |
|  | CTCI Corp. | 73712 | 73072 |
|  | CviLux Corp. | 17000 | 45215 |
|  | CX Technology Co. <br> Ltd.<br>| 11000 | 8627 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Cyberlink Corp. | 5000 | $15223 |
|  | CyberPower Systems, <br> Inc.<br>| 5000 | 38760 |
| \* | CyberTAN Technology, <br> Inc.<br>| 32000 | 27631 |
|  | DA CIN Construction <br> Co. Ltd.<br>| 44000 | 93785 |
|  | Dafeng TV Ltd. | 12000 | 19132 |
|  | Da-Li Development <br> Co. Ltd.<br>| 68180 | 109175 |
|  | Darfon Electronics <br> Corp.<br>| 37000 | 43228 |
|  | Darwin Precisions <br> Corp.<br>| 68400 | 24840 |
|  | De Licacy Industrial <br> Co. Ltd.<br>| 46980 | 16615 |
|  | Delpha Construction <br> Co. Ltd.<br>| 31000 | 29805 |
|  | Depo Auto Parts Ind <br> Co. Ltd.<br>| 20000 | 88600 |
|  | Dimerco Express <br> Corp.<br>| 17850 | 46665 |
|  | Donpon Precision, <br> Inc.<br>| 9800 | 15144 |
|  | Draytek Corp. | 12000 | 10640 |
|  | Dyaco International, <br> Inc.<br>| 21129 | 15614 |
|  | Dynapack <br> International <br> Technology Corp.<br>| 8000 | 79438 |
| # | Eastech Holding Ltd. | 6000 | 21187 |
|  | eCloudvalley Digital <br> Technology Co. <br> Ltd.<br>| 7000 | 16291 |
|  | Edimax Technology <br> Co. Ltd.<br>| 32000 | 20505 |
|  | Edison Opto Corp. | 28000 | 16255 |
| \* | Edom Technology Co. <br> Ltd.<br>| 38000 | 46685 |
|  | E-Lead Electronic Co. <br> Ltd.<br>| 9000 | 12871 |
|  | Elite Semiconductor <br> Microelectronics <br> Technology, Inc.<br>| 25000 | 72813 |
|  | Elitegroup Computer <br> Systems Co. Ltd.<br>| 67000 | 44028 |
|  | Emerging Display <br> Technologies Corp.<br>| 13000 | 8710 |
|  | Ennoconn Corp. | 11000 | 104244 |
|  | EnTie Commercial <br> Bank Co. Ltd.<br>| 74000 | 31715 |
|  | EOI Investment <br> Holdings Co. Ltd.<br>| 16000 | 9811 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | Epileds Technologies, <br> Inc.<br>| 24000 | $15133 |
|  | Episil-Precision, Inc. | 13000 | 23625 |
|  | Eson Precision Ind <br> Co. Ltd.<br>| 16000 | 42843 |
|  | Eternal Materials Co. <br> Ltd.<br>| 67950 | 90017 |
|  | Eurocharm Holdings <br> Co. Ltd.<br>| 2000 | 8039 |
|  | Eva Airways Corp. | 337648 | 396354 |
|  | Evergreen <br> International <br> Storage & Transport <br> Corp.<br>| 46500 | 86516 |
|  | EVERGREEN Steel <br> Corp.<br>| 28000 | 96677 |
|  | Everlight Chemical <br> Industrial Corp.<br>| 81450 | 49456 |
|  | Everlight Electronics <br> Co. Ltd.<br>| 86000 | 163543 |
|  | Excel Cell Electronic <br> Co. Ltd.<br>| 28000 | 18704 |
|  | Excelsior Medical Co. <br> Ltd.<br>| 28772 | 79410 |
|  | Far Eastern <br> Department Stores <br> Ltd.<br>| 193000 | 135672 |
|  | Far Eastern <br> International Bank<br>| 538372 | 221164 |
|  | Far Eastern New <br> Century Corp.<br>| 553000 | 475879 |
|  | Farglory F T Z <br> Investment Holding <br> Co. Ltd.<br>| 9630 | 15165 |
|  | Farglory Land <br> Development Co. <br> Ltd.<br>| 52000 | 91105 |
|  | Feedback Technology <br> Corp.<br>| 9072 | 31765 |
|  | Feng Hsin Steel Co. <br> Ltd.<br>| 57000 | 117247 |
|  | Firich Enterprises Co. <br> Ltd.<br>| 22000 | 17015 |
|  | First Copper <br> Technology Co. <br> Ltd.<br>| 27000 | 36687 |
|  | First Insurance Co. <br> Ltd. <br>| 37000 | 31610 |
| \* | First Steamship Co. <br> Ltd.<br>| 84806 | 15878 |
| \* | Fittech Co. Ltd. | 5254 | 11731 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Formosa Advanced <br> Technologies Co. <br> Ltd.<br>| 12000 | $14766 |
|  | Formosa Laboratories, <br> Inc.<br>| 21322 | 42898 |
|  | Formosa Optical <br> Technology Co. <br> Ltd.<br>| 7000 | 22230 |
|  | Formosa Sumco <br> Technology Corp.<br>| 12000 | 38766 |
|  | Formosan Union <br> Chemical Corp.<br>| 58179 | 31448 |
|  | Founding Construction <br> & Development Co. <br> Ltd.<br>| 24000 | 11622 |
|  | Foxsemicon <br> Integrated <br> Technology, Inc.<br>| 8000 | 95883 |
|  | Franbo Lines Corp. | 22000 | 15419 |
|  | Froch Enterprise Co. <br> Ltd.<br>| 18000 | 8125 |
|  | Fu Chun Shin <br> Machinery <br> Manufacture Co. <br> Ltd.<br>| 41177 | 26129 |
| # | Fu Hua Innovation Co. <br> Ltd.<br>| 59911 | 38130 |
|  | Fulgent Sun <br> International <br> Holding Co. Ltd.<br>| 24945 | 77632 |
| \* | Fulltech Fiber Glass <br> Corp.<br>| 82958 | 194141 |
|  | G Shank Enterprise <br> Co. Ltd.<br>| 16296 | 50851 |
|  | Gamania Digital <br> Entertainment Co. <br> Ltd.<br>| 19000 | 36634 |
|  | GEM Services, Inc. | 11000 | 29113 |
|  | Gemtek Technology <br> Corp.<br>| 73000 | 61975 |
| \* | General Interface <br> Solution GIS <br> Holding Ltd.<br>| 32000 | 51249 |
|  | General Plastic <br> Industrial Co. Ltd.<br>| 13000 | 11859 |
|  | Genius Electronic <br> Optical Co. Ltd.<br>| 6000 | 81529 |
|  | Genmont Biotech, <br> Inc.<br>| 14000 | 8446 |
|  | Genovate <br> Biotechnology Co. <br> Ltd.<br>| 12607 | 8166 |
|  | GeoVision, Inc. | 8900 | 13349 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Giant Manufacturing <br> Co. Ltd.<br>| 14000 | $46125 |
| \* | Giantplus Technology <br> Co. Ltd.<br>| 44000 | 16984 |
| \* | Gigastorage Corp. | 46000 | 28285 |
|  | Global Brands <br> Manufacture Ltd.<br>| 74254 | 280829 |
|  | Global PMX Co. Ltd. | 8000 | 36989 |
|  | Globaltek Fabrication <br> Co. Ltd.<br>| 6000 | 10936 |
|  | Globalwafers Co. Ltd. | 32000 | 526111 |
|  | Globe Union Industrial <br> Corp.<br>| 48910 | 16357 |
|  | Gloria Material <br> Technology Corp.<br>| 47000 | 51911 |
|  | GMI Technology, Inc. | 17844 | 22540 |
|  | Goldsun Building <br> Materials Co. Ltd.<br>| 92520 | 108774 |
|  | Good Will Instrument <br> Co. Ltd.<br>| 16000 | 29615 |
|  | Gordon Auto Body <br> Parts<br>| 33000 | 33979 |
|  | Gourmet Master Co. <br> Ltd.<br>| 14000 | 31755 |
|  | Grand Fortune <br> Securities Co. Ltd.<br>| 45139 | 17441 |
|  | Grape King Bio Ltd. | 18000 | 72240 |
|  | Great Wall Enterprise <br> Co. Ltd.<br>| 83000 | 140182 |
|  | Greatek Electronics, <br> Inc.<br>| 22000 | 50308 |
|  | GTM Holdings Corp. | 21000 | 20718 |
| \* | Hai Kwang Enterprise <br> Corp.<br>| 17136 | 8094 |
| \* | Harvatek Corp. | 29000 | 19064 |
|  | Heran Co. Ltd. | 6000 | 12420 |
|  | Hey Song Corp. | 61000 | 74028 |
|  | Highlight Tech Corp. | 6400 | 9146 |
|  | Highwealth <br> Construction Corp.<br>| 97355 | 123303 |
| \* | Hitron Technology, <br> Inc.<br>| 14000 | 11027 |
|  | Hiwin Technologies <br> Corp.<br>| 21000 | 151623 |
|  | Hiyes International <br> Co. Ltd.<br>| 7136 | 19379 |
|  | Hocheng Corp. | 45920 | 26687 |
|  | Holy Stone Enterprise <br> Co. Ltd.<br>| 7000 | 25898 |
|  | Hong Pu Real Estate <br> Development Co. <br> Ltd.<br>| 47000 | 39850 |
|  | Hong TAI Electric <br> Industrial<br>| 39000 | 49856 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Hota Industrial <br> Manufacturing Co. <br> Ltd.<br>| 28000 | $53970 |
|  | Hsin Kuang Steel Co. <br> Ltd.<br>| 18000 | 23212 |
|  | Hu Lane Associate, <br> Inc.<br>| 3228 | 13793 |
|  | HUA ENG Wire & <br> Cable Co. Ltd.<br>| 52000 | 55651 |
|  | Hua Yu Lien <br> Development Co. <br> Ltd.<br>| 12000 | 24248 |
|  | Huaku Development <br> Co. Ltd.<br>| 48510 | 164091 |
|  | Huang Hsiang <br> Construction Corp.<br>| 34934 | 46781 |
|  | Huikwang Corp. | 9000 | 7191 |
|  | Hung Ching <br> Development & <br> Construction Co. <br> Ltd.<br>| 33000 | 29247 |
|  | Hung Sheng <br> Construction Ltd.<br>| 88352 | 61201 |
|  | Huxen Corp. | 7000 | 11017 |
|  | Hwa Fong Rubber <br> Industrial Co. Ltd.<br>| 72117 | 35397 |
|  | Hwacom Systems, <br> Inc.<br>| 18000 | 14266 |
|  | Ibase Technology, <br> Inc.<br>| 5000 | 7946 |
| # | IBF Financial Holdings <br> Co. Ltd.<br>| 543535 | 269143 |
|  | Ichia Technologies, <br> Inc.<br>| 56000 | 92329 |
|  | Innolux Corp. | 1312663 | 565344 |
|  | Inpaq Technology Co. <br> Ltd.<br>| 17000 | 47886 |
|  | Integrated Service <br> Technology, Inc.<br>| 9031 | 32341 |
|  | Inventec Corp. | 47000 | 69755 |
|  | Iron Force Industrial <br> Co. Ltd.<br>| 8148 | 25135 |
|  | I-Sheng Electric Wire <br> & Cable Co. Ltd.<br>| 16000 | 24098 |
| # | ITEQ Corp. | 34000 | 128730 |
|  | Jean Co. Ltd. | 49714 | 41177 |
|  | Jetway Information <br> Co. Ltd.<br>| 6750 | 11760 |
|  | Jia Wei Lifestyle, Inc. | 7350 | 9513 |
|  | Jih Lin Technology <br> Co. Ltd.<br>| 13000 | 22669 |
|  | Jiin Yeeh Ding <br> Enterprise Co. Ltd.<br>| 8800 | 18374 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Johnson Health Tech <br> Co. Ltd.<br>| 8000 | $41429 |
|  | K Laser Technology, <br> Inc.<br>| 43000 | 21790 |
|  | Kedge Construction <br> Co. Ltd.<br>| 11077 | 31638 |
|  | KEE TAI Properties <br> Co. Ltd.<br>| 82215 | 28195 |
|  | Kerry TJ Logistics Co. <br> Ltd.<br>| 32000 | 34979 |
|  | KGI Financial Holding <br> Co. Ltd.<br>| 1009270 | 520623 |
|  | Kindom Development <br> Co. Ltd.<br>| 70730 | 76486 |
|  | King Chou Marine <br> Technology Co. <br> Ltd.<br>| 10200 | 16995 |
| #\* | King's Town <br> Construction Co. <br> Ltd.<br>| 27000 | 36583 |
| \* | Kinko Optical Co. Ltd. | 36769 | 54714 |
| # | Kinpo Electronics | 221000 | 162634 |
|  | Kinsus Interconnect <br> Technology Corp.<br>| 48000 | 211846 |
|  | KMC Kuei Meng <br> International, Inc.<br>| 6000 | 17555 |
|  | KS Terminals, Inc. | 6000 | 9762 |
| \* | Kung Sing <br> Engineering Corp.<br>| 74426 | 28029 |
|  | Kuo Toong <br> International Co. <br> Ltd.<br>| 19551 | 36643 |
|  | Kwong Lung <br> Enterprise Co. Ltd.<br>| 21000 | 32644 |
|  | Lanner Electronics, <br> Inc.<br>| 4000 | 10456 |
|  | Leadtrend Technology <br> Corp.<br>| 7501 | 11712 |
| \* | Lealea Enterprise Co. <br> Ltd.<br>| 52120 | 11030 |
|  | Lelon Electronics <br> Corp.<br>| 18508 | 65297 |
|  | Lemtech Holdings Co. <br> Ltd.<br>| 5250 | 13628 |
|  | Leo Systems, Inc. | 10000 | 11555 |
| \* | Leofoo Development <br> Co. Ltd.<br>| 17000 | 9309 |
|  | Lingsen Precision <br> Industries Ltd.<br>| 69000 | 46057 |
|  | Liton Technology <br> Corp.<br>| 9000 | 13947 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Long Da Construction <br> & Development <br> Corp.<br>| 42000 | $38940 |
| \* | Longchen Paper & <br> Packaging Co. Ltd.<br>| 22485 | 6838 |
|  | Longwell Co. | 11000 | 66912 |
|  | Lotus Pharmaceutical <br> Co. Ltd.<br>| 3000 | 28780 |
|  | Lucky Cement Corp. | 46000 | 22358 |
|  | Lumax International <br> Corp. Ltd.<br>| 13500 | 43377 |
| \* | Lung Yen Life Service <br> Corp.<br>| 30000 | 50711 |
|  | Macroblock, Inc. | 3000 | 5729 |
| \* | Macronix International <br> Co. Ltd.<br>| 306000 | 308489 |
|  | Mayer Steel Pipe <br> Corp.<br>| 32400 | 25060 |
| \* | Mercuries Life <br> Insurance Co. Ltd.<br>| 572944 | 134705 |
|  | Merida Industry Co. <br> Ltd.<br>| 9000 | 29167 |
|  | Merry Electronics Co. <br> Ltd.<br>| 23046 | 76572 |
|  | METAAGE Corp. | 8000 | 13506 |
|  | Micro-Star <br> International Co. <br> Ltd.<br>| 70000 | 248144 |
|  | Mildef Crete, Inc. | 10000 | 34800 |
|  | MIN AIK Technology <br> Co. Ltd.<br>| 44000 | 31425 |
|  | Mosel Vitelic, Inc. | 13000 | 14326 |
|  | MSSCORPS Co. Ltd. | 4320 | 23962 |
|  | Nak Sealing <br> Technologies Corp.<br>| 10000 | 34566 |
|  | Namchow Holdings <br> Co. Ltd.<br>| 32000 | 40263 |
|  | Nan Kang Rubber Tire <br> Co. Ltd.<br>| 43000 | 50539 |
|  | Nan Liu Enterprise <br> Co. Ltd.<br>| 4000 | 5736 |
|  | Nan Ya Plastics Corp. | 492000 | 662036 |
| \* | Nanya Technology <br> Corp.<br>| 186000 | 794312 |
|  | New Best Wire <br> Industrial Co. Ltd.<br>| 19000 | 18029 |
|  | Nichidenbo Corp. | 14000 | 41006 |
|  | Niko Semiconductor <br> Co. Ltd.<br>| 20570 | 37740 |
|  | Nuvoton Technology <br> Corp.<br>| 8000 | 15957 |
|  | O-Bank Co. Ltd. | 224375 | 66015 |
|  | Ocean Plastics Co. <br> Ltd.<br>| 35000 | 40949 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Optimax Technology <br> Corp.<br>| 35000 | $22797 |
|  | Orient Europharma <br> Co. Ltd.<br>| 7000 | 10523 |
|  | Orient Semiconductor <br> Electronics Ltd.<br>| 54000 | 84794 |
|  | O-TA Precision <br> Industry Co. Ltd.<br>| 8000 | 19305 |
|  | Pacific Hospital <br> Supply Co. Ltd.<br>| 6000 | 17253 |
|  | Paiho Shih Holdings <br> Corp.<br>| 16800 | 13598 |
|  | Pan German <br> Universal Motors <br> Ltd.<br>| 4000 | 37739 |
|  | Pan Jit International, <br> Inc.<br>| 43000 | 117385 |
| # | Pan-International <br> Industrial Corp.<br>| 67000 | 121710 |
|  | Parpro Corp. | 17000 | 29043 |
| \* | PChome Online, Inc. | 17000 | 19234 |
|  | PCL Technologies, <br> Inc.<br>| 9000 | 34829 |
|  | Pegatron Corp. | 188000 | 452288 |
|  | Pegavision Corp. | 4000 | 44245 |
| \* | Phihong Technology <br> Co. Ltd.<br>| 42000 | 41524 |
|  | Phoenix Silicon <br> International Corp.<br>| 11000 | 61564 |
|  | Pixart Imaging, Inc. | 4000 | 30026 |
|  | Posiflex Technology, <br> Inc.<br>| 4000 | 28025 |
| \* | Powerchip <br> Semiconductor <br> Manufacturing <br> Corp.<br>| 362000 | 367461 |
|  | Powertech <br> Technology, Inc.<br>| 123000 | 687097 |
|  | President Securities <br> Corp.<br>| 183098 | 140820 |
|  | Primax Electronics <br> Ltd.<br>| 69000 | 185658 |
|  | Prince Housing & <br> Development Corp.<br>| 185000 | 53612 |
|  | Promate Electronic <br> Co. Ltd.<br>| 13199 | 20333 |
|  | Qisda Corp. | 84160 | 84566 |
|  | QST International <br> Corp.<br>| 14324 | 19763 |
|  | Qualipoly Chemical <br> Corp.<br>| 18900 | 110950 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Radiant <br> Opto-Electronics <br> Corp.<br>| 36000 | $154211 |
|  | Radium Life Tech Co. <br> Ltd.<br>| 168209 | 60078 |
|  | Raydium <br> Semiconductor <br> Corp.<br>| 5000 | 39513 |
|  | Rechi Precision Co. <br> Ltd.<br>| 59000 | 44239 |
|  | Rexon Industrial Corp. <br> Ltd.<br>| 20000 | 17913 |
|  | Rich Development Co. <br> Ltd.<br>| 89990 | 24779 |
| \* | Ritek Corp. | 110724 | 35808 |
|  | Ruentex Development <br> Co. Ltd.<br>| 263000 | 254746 |
|  | Sampo Corp. | 58800 | 47019 |
|  | San Fang Chemical <br> Industry Co. Ltd.<br>| 15000 | 15069 |
|  | Sanyang Motor Co. <br> Ltd.<br>| 47000 | 92221 |
|  | Savior Lifetec Corp. | 58000 | 32224 |
|  | Scan-D Corp. | 6000 | 5476 |
|  | ScinoPharm Taiwan <br> Ltd.<br>| 18000 | 10248 |
|  | SDI Corp. | 14000 | 38733 |
|  | Sea Sonic Electronics <br> Co. Ltd.<br>| 1000 | 2237 |
|  | Senao International <br> Co. Ltd.<br>| 22000 | 20751 |
|  | Senao Networks, Inc. | 5815 | 28687 |
|  | Sercomm Corp. | 26000 | 83327 |
|  | Sesoda Corp. | 29000 | 28444 |
|  | Shanghai Commercial <br> & Savings Bank <br> Ltd.<br>| 405000 | 521359 |
|  | Sharehope Medicine <br> Co. Ltd.<br>| 12639 | 9984 |
| # | ShenMao Technology, <br> Inc.<br>| 22000 | 72270 |
|  | Shih Her <br> Technologies, Inc.<br>| 10733 | 60299 |
| \* | Shih Wei Navigation <br> Co. Ltd.<br>| 61790 | 35161 |
|  | Shihlin Electric & <br> Engineering Corp.<br>| 12000 | 77562 |
|  | Shin Ruenn <br> Development Co. <br> Ltd.<br>| 15000 | 28398 |
|  | Shin Zu Shing Co. <br> Ltd.<br>| 6926 | 47285 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Shinkong Insurance <br> Co. Ltd.<br>| 36000 | $131611 |
| \* | Shuttle, Inc. | 51000 | 30675 |
|  | Sigurd <br> Microelectronics <br> Corp.<br>| 76046 | 257283 |
|  | Simplo Technology <br> Co. Ltd.<br>| 26000 | 295966 |
|  | Sincere Navigation <br> Corp.<br>| 62830 | 49351 |
|  | Sino-American Silicon <br> Products, Inc.<br>| 61000 | 246837 |
|  | Sinon Corp. | 64000 | 88776 |
|  | SinoPac Financial <br> Holdings Co. Ltd.<br>| 183150 | 152453 |
|  | Sinphar <br> Pharmaceutical Co. <br> Ltd.<br>| 27216 | 28475 |
|  | Sinyi Realty, Inc. | 46000 | 33876 |
|  | Sitronix Technology <br> Corp.<br>| 8000 | 51980 |
|  | Siward Crystal <br> Technology Co. <br> Ltd.<br>| 33000 | 24144 |
|  | Solar Applied <br> Materials <br> Technology Corp.<br>| 16000 | 30752 |
|  | Solteam, Inc. | 19197 | 30089 |
|  | Sonix Technology Co. <br> Ltd.<br>| 16000 | 18254 |
|  | Southeast Cement <br> Co. Ltd.<br>| 19000 | 10242 |
|  | Speed Tech Corp. | 7000 | 10725 |
| # | Sports Gear Co. Ltd. | 24000 | 87449 |
|  | Standard Foods <br> Corp.<br>| 61000 | 62245 |
| \* | Starlux Airlines Co. <br> Ltd.<br>| 91000 | 70967 |
|  | S-Tech Corp. | 12000 | 9116 |
|  | STL Technology Co. <br> Ltd.<br>| 3000 | 13268 |
|  | Sun Max Tech Ltd. | 7331 | 19944 |
| \* | Sun Yad Construction <br> Co. Ltd.<br>| 69377 | 35357 |
|  | Sunny Friend <br> Environmental <br> Technology Co. <br> Ltd.<br>| 10000 | 26893 |
| \* | Sunplus Technology <br> Co. Ltd.<br>| 68000 | 47441 |
|  | Sunrex Technology <br> Corp.<br>| 31685 | 42808 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Sunspring Metal <br> Corp.<br>| 22807 | $16307 |
|  | Superalloy Industrial <br> Co. Ltd.<br>| 15000 | 23145 |
| # | Supreme Electronics <br> Co. Ltd.<br>| 78340 | 167832 |
|  | Sweeten Real Estate <br> Development Co. <br> Ltd.<br>| 51417 | 47145 |
|  | Symtek Automation <br> Asia Co. Ltd.<br>| 7269 | 36933 |
|  | Syncmold Enterprise <br> Corp.<br>| 13000 | 29063 |
|  | Synmosa Biopharma <br> Corp.<br>| 24411 | 26618 |
|  | Systex Corp. | 32000 | 134484 |
|  | TA Chen Stainless <br> Pipe<br>| 322146 | 383992 |
|  | Ta Ya Electric Wire & <br> Cable<br>| 76090 | 103596 |
|  | Tai Tung <br> Communication Co. <br> Ltd.<br>| 18689 | 13812 |
|  | Taichung Commercial <br> Bank Co. Ltd.<br>| 762884 | 530356 |
|  | TaiDoc Technology <br> Corp.<br>| 3000 | 11984 |
|  | Taiflex Scientific Co. <br> Ltd.<br>| 38136 | 84125 |
|  | Taimide Tech, Inc. | 15000 | 29370 |
|  | Tainan Enterprises <br> Co. Ltd.<br>| 14000 | 12359 |
|  | Tainan Spinning Co. <br> Ltd.<br>| 111000 | 45436 |
|  | TaiSol Electronics Co. <br> Ltd.<br>| 10000 | 17169 |
|  | Taita Chemical Co. <br> Ltd.<br>| 52132 | 18617 |
|  | TAI-TECH Advanced <br> Electronics Co. Ltd.<br>| 10000 | 48795 |
|  | Taiwan Business <br> Bank<br>| 1452602 | 723552 |
| # | Taiwan Cogeneration <br> Corp.<br>| 81000 | 126946 |
|  | Taiwan Fertilizer Co. <br> Ltd.<br>| 58000 | 90665 |
|  | Taiwan Fire & Marine <br> Insurance Co. Ltd.<br>| 48000 | 56212 |
|  | Taiwan FU Hsing <br> Industrial Co. Ltd.<br>| 31200 | 52096 |
| #\* | Taiwan Glass Industry <br> Corp.<br>| 173000 | 156965 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Taiwan Hon Chuan <br> Enterprise Co. Ltd.<br>| 30311 | $124278 |
|  | Taiwan Hopax <br> Chemicals <br> Manufacturing Co. <br> Ltd.<br>| 31147 | 31684 |
| †† | Taiwan Land <br> Development Corp.<br>| 129466 | 2116 |
|  | Taiwan Line Tek <br> Electronic<br>| 10300 | 8212 |
|  | Taiwan Navigation Co. <br> Ltd.<br>| 52000 | 49149 |
|  | Taiwan Paiho Ltd. | 41000 | 76061 |
|  | Taiwan PCB Techvest <br> Co. Ltd.<br>| 48000 | 55011 |
|  | Taiwan Sanyo Electric <br> Co. Ltd.<br>| 27000 | 31020 |
|  | Taiwan Semiconductor <br> Co. Ltd.<br>| 10000 | 17816 |
|  | Taiwan Surface <br> Mounting <br> Technology Corp.<br>| 44000 | 156853 |
| \* | Taiwan TEA Corp. | 77000 | 34770 |
|  | Taiyen Biotech Co. <br> Ltd.<br>| 28000 | 29023 |
|  | Tatung Co. Ltd. | 137000 | 160580 |
|  | TCC Group Holdings <br> Co. Ltd.<br>| 900000 | 645728 |
|  | TCI Co. Ltd. | 18000 | 66440 |
|  | Team Group, Inc. | 5000 | 21843 |
|  | Teco Electric & <br> Machinery Co. Ltd.<br>| 158000 | 594637 |
|  | Test Research, Inc. | 6000 | 30401 |
|  | Test Rite International <br> Co. Ltd.<br>| 44000 | 29053 |
| \* | Thermaltake <br> Technology Co. <br> Ltd.<br>| 13000 | 13384 |
|  | Thinking Electronic <br> Industrial Co. Ltd.<br>| 5000 | 30604 |
|  | Thye Ming Industrial <br> Co. Ltd.<br>| 20000 | 35199 |
| \*†† | Ting Sin Co. Ltd. | 385 | 0 |
|  | Ton Yi Industrial <br> Corp.<br>| 170000 | 99218 |
|  | Tong Hsing Electronic <br> Industries Ltd.<br>| 27460 | 111550 |
|  | Tong Yang Industry <br> Co. Ltd.<br>| 51000 | 160008 |
|  | Tong-Tai Machine & <br> Tool Co. Ltd.<br>| 27000 | 28382 |
|  | Top Union Electronics <br> Corp.<br>| 20326 | 19811 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Topco Technologies <br> Corp.<br>| 8999 | $18148 |
|  | Topkey Corp. | 12000 | 72587 |
| # | Topoint Technology <br> Co. Ltd.<br>| 23000 | 87972 |
|  | Transcend <br> Information, Inc.<br>| 27000 | 115635 |
|  | Tripod Technology <br> Corp.<br>| 45000 | 497663 |
|  | TS Financial Holding <br> Co. Ltd (2887 TT)<br>| 3303413 | 2006842 |
| \* | TS Financial Holding <br> Co. Ltd (28871 TT)<br>| 481878 | 144541 |
|  | Tsann Kuen <br> Enterprise Co. Ltd.<br>| 14032 | 11178 |
|  | TSC Auto ID <br> Technology Co. <br> Ltd.<br>| 4399 | 27928 |
|  | TSRC Corp. | 50000 | 24342 |
|  | Tung Ho Steel <br> Enterprise Corp.<br>| 84190 | 171752 |
|  | TURVO International <br> Co. Ltd.<br>| 5000 | 32588 |
|  | TXC Corp. | 19000 | 54857 |
| # | TYC Brother Industrial <br> Co. Ltd.<br>| 42000 | 65313 |
|  | Tyntek Corp. | 44000 | 24960 |
|  | UDE Corp. | 10000 | 34302 |
|  | Ultra Chip, Inc. | 8000 | 11810 |
|  | U-Ming Marine <br> Transport Corp.<br>| 84000 | 151759 |
|  | Unic Technology <br> Corp.<br>| 29000 | 21839 |
|  | Unimicron Technology <br> Corp.<br>| 134000 | 706252 |
|  | Union Bank of Taiwan | 325568 | 196174 |
|  | Union Insurance Co. <br> Ltd.<br>| 12000 | 10463 |
|  | Unitech Computer Co. <br> Ltd.<br>| 20000 | 27013 |
|  | Unitech Printed Circuit <br> Board Corp.<br>| 126047 | 107335 |
|  | United Alloy-Tech Co. | 11000 | 19267 |
|  | United Orthopedic <br> Corp.<br>| 10000 | 40427 |
|  | United Radiant <br> Technology<br>| 21000 | 14486 |
| \*†† | Unity Opto Technology <br> Co. Ltd.<br>| 91000 | 0 |
|  | Univacco Technology, <br> Inc.<br>| 11000 | 16173 |
|  | Universal Cement <br> Corp.<br>| 80136 | 80646 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | UPC Technology <br> Corp.<br>| 107664 | $35418 |
|  | UPI Semiconductor <br> Corp.<br>| 3000 | 18263 |
|  | Utechzone Co. Ltd. | 5000 | 14088 |
|  | Value Valves Co. Ltd. | 4000 | 10892 |
|  | Ve Wong Corp. | 16000 | 20545 |
|  | Ventec International <br> Group Co. Ltd.<br>| 10000 | 29069 |
| \* | Wafer Works Corp. | 98068 | 99431 |
|  | Wah Hong Industrial <br> Corp.<br>| 15000 | 16369 |
|  | Wah Lee Industrial <br> Corp.<br>| 34680 | 101561 |
|  | Walsin Lihwa Corp. | 40800 | 39519 |
|  | Wan Hai Lines Ltd. | 100000 | 266814 |
|  | WEI Chih Steel <br> Industrial Co. Ltd.<br>| 31000 | 16118 |
|  | Weikeng Industrial Co. <br> Ltd.<br>| 71661 | 68336 |
|  | Well Shin Technology <br> Co. Ltd.<br>| 18000 | 30732 |
|  | WELLELL, Inc. | 9000 | 6270 |
|  | Win Semiconductors <br> Corp.<br>| 45000 | 156431 |
| \* | Winbond Electronics <br> Corp.<br>| 581250 | 1016576 |
|  | Winstek <br> Semiconductor Co. <br> Ltd.<br>| 9000 | 27918 |
|  | Wisdom Marine Lines <br> Co. Ltd.<br>| 86000 | 176191 |
|  | WITS Corp. | 5000 | 20122 |
|  | WNC Corp. | 24000 | 97388 |
|  | Wonderful Hi-Tech Co. <br> Ltd.<br>| 11000 | 16327 |
|  | WPG Holdings Ltd. | 280000 | 547616 |
|  | WT Microelectronics <br> Co. Ltd.<br>| 98000 | 454331 |
|  | XAC Automation <br> Corp.<br>| 19000 | 18511 |
|  | Ya Horng Electronic <br> Co. Ltd.<br>| 9000 | 16517 |
|  | Yageo Corp. | 12004 | 96619 |
|  | YC INOX Co. Ltd. | 79249 | 49506 |
|  | Yea Shin International <br> Development Co. <br> Ltd.<br>| 42022 | 33790 |
|  | Yem Chio Co. Ltd. | 94197 | 40557 |
|  | YFC-Boneagle Electric <br> Co. Ltd.<br>| 15639 | 10620 |
| \* | Yieh Phui Enterprise <br> Co. Ltd.<br>| 104186 | 49902 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Youngtek Electronics <br> Corp.<br>| 24000 | $45868 |
|  | Yuanta Futures Co. <br> Ltd.<br>| 12213 | 35737 |
|  | Yuen Foong Yu <br> Consumer Products <br> Co. Ltd.<br>| 9000 | 11236 |
|  | Yulon Motor Co. Ltd. | 99264 | 105838 |
|  | Yung Chi Paint & <br> Varnish <br> Manufacturing Co. <br> Ltd.<br>| 13000 | 31682 |
|  | YungShin Global <br> Holding Corp.<br>| 29000 | 53093 |
|  | Zeng Hsing Industrial <br> Co. Ltd.<br>| 9669 | 28972 |
|  | Zenitron Corp. | 27000 | 30302 |
|  | Zhen Ding Technology <br> Holding Ltd.<br>| 119000 | 628381 |
|  | ZillTek Technology <br> Corp.<br>| 3000 | 19671 |
|  | Zippy Technology <br> Corp.<br>| 9000 | 15132 |
|  | Zyxel Group Corp. | 57488 | 65428 |
| TOTAL TAIWAN | TOTAL TAIWAN |  | 42172476 |
| THAILAND — (0.3%) | THAILAND — (0.3%) | THAILAND — (0.3%) | THAILAND — (0.3%) |
|  | Advanced Information <br> Technology PCL, <br> Class F<br>| 85600 | 12760 |
|  | Allianz Ayudhya <br> Capital PCL<br>| 11000 | 11566 |
|  | Amata Corp. PCL | 51600 | 22979 |
|  | AP Thailand PCL | 357200 | 95555 |
|  | Asia Plus Group <br> Holdings PCL<br>| 242500 | 16649 |
|  | Asian Insulators PCL | 77450 | 7904 |
|  | Asian Sea Corp. PCL | 38500 | 8692 |
|  | Bangchak Corp. PCL | 168300 | 153544 |
|  | Bangchak Sriracha <br> PCL<br>| 40300 | 5559 |
|  | Bangkok Land PCL | 1885500 | 29156 |
|  | Bangkok Life <br> Assurance PCL, <br> NVDR<br>| 19800 | 11022 |
|  | Bangkok Ranch PCL | 119400 | 6130 |
|  | Banpu PCL | 1265532 | 197648 |
| # | Berli Jucker PCL | 150600 | 85232 |
|  | BKI Holdings PCL | 16100 | 152361 |
| # | Cal-Comp Electronics <br> Thailand PCL, <br> Class F<br>| 234044 | 44152 |
|  | Cotto F | 308500 | 1813 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
| \* | Country Group <br> Development PCL<br>| 992900 | $3378 |
|  | Dhipaya Group <br> Holdings PCL<br>| 53400 | 36002 |
|  | Dohome PCL | 194100 | 23411 |
| \* | Energy Absolute PCL | 286900 | 27151 |
|  | Frasers Property <br> Thailand PCL<br>| 48300 | 9560 |
|  | GFPT PCL | 114300 | 36409 |
|  | Global Green <br> Chemicals PCL<br>| 37300 | 4107 |
|  | Gunkul Engineering <br> PCL<br>| 455300 | 29006 |
|  | Hana Microelectronics <br> PCL<br>| 88700 | 63641 |
| # | IRPC PCL | 1388500 | 49382 |
|  | KGI Securities <br> Thailand PCL<br>| 250300 | 30344 |
|  | Kiatnakin Phatra Bank <br> PCL<br>| 38600 | 78489 |
|  | Lalin Property PCL | 107600 | 16638 |
|  | Lam Soon Thailand <br> PCL<br>| 56200 | 8099 |
|  | MK Restaurants <br> Group PCL<br>| 68600 | 69480 |
|  | Northeast Rubber <br> PCL<br>| 180000 | 23158 |
|  | Polyplex Thailand <br> PCL<br>| 85200 | 24900 |
|  | Precious Shipping <br> PCL<br>| 122800 | 25445 |
|  | Prima Marine PCL | 195700 | 39037 |
| \* | Property Perfect PCL | 2489056 | 5388 |
|  | PTT Global Chemical <br> PCL<br>| 166200 | 129784 |
|  | Quality Houses PCL | 813000 | 33189 |
|  | Ramkhamhaeng <br> Hospital PCL<br>| 6900 | 3969 |
|  | Rojana Industrial Park <br> PCL<br>| 220300 | 30523 |
|  | S Hotels & Resorts <br> PCL<br>| 142900 | 6762 |
|  | Samart Corp. PCL | 50300 | 9334 |
|  | Sansiri PCL | 2197100 | 95127 |
|  | Siamgas & <br> Petrochemicals <br> PCL<br>| 83800 | 16586 |
| \* | SNC Former PCL | 53600 | 9946 |
|  | SPCG PCL | 88600 | 22743 |
| # | Sri Trang <br> Agro-Industry PCL<br>| 94500 | 34778 |
|  | Sri Trang Gloves <br> Thailand PCL<br>| 179000 | 37090 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Srithai Superware <br> PCL<br>| 235400 | $7644 |
|  | Star Petroleum <br> Refining PCL<br>| 181300 | 26913 |
| \* | STP & I PCL | 158800 | 17778 |
|  | Supalai PCL | 197025 | 104194 |
| \* | Super Energy Corp. <br> PCL<br>| 5131000 | 20629 |
| \* | Tata Steel Thailand <br> PCL<br>| 749600 | 17155 |
|  | Thai Oil PCL | 203910 | 225446 |
|  | Thai Union Group <br> PCL<br>| 51800 | 20986 |
| \* | Thaicom PCL | 123400 | 36446 |
|  | Thoresen Thai <br> Agencies PCL<br>| 96300 | 13104 |
|  | TPI Polene PCL | 654800 | 14580 |
|  | Triple i Logistics PCL | 97600 | 14005 |
|  | Vanachai Group PCL | 89800 | 5554 |
| TOTAL THAILAND | TOTAL THAILAND |  | 2420012 |
| TURKEY — (0.1%) | TURKEY — (0.1%) | TURKEY — (0.1%) | TURKEY — (0.1%) |
|  | Aksa Akrilik Kimya <br> Sanayii AS<br>| 49968 | 14723 |
| \* | Aksa Enerji Uretim <br> AS<br>| 31660 | 39116 |
|  | Albaraka Turk Katilim <br> Bankasi AS<br>| 310912 | 60731 |
| \* | Alcatel-Lucent Teletas <br> Telekomunikasyon <br> AS<br>| 2850 | 8396 |
|  | Anadolu Anonim Turk <br> Sigorta Sirketi<br>| 52744 | 29061 |
| #\* | Arcelik AS | 7042 | 18500 |
| \* | Bera Holding AS | 140066 | 61126 |
| #\* | Borusan Birlesik Boru <br> Fabrikalari Sanayi <br> ve Ticaret AS<br>| 2327 | 26626 |
|  | Bursa Cimento <br> Fabrikasi AS<br>| 156049 | 23987 |
|  | Cemtas Celik Makina <br> Sanayi Ve Ticaret <br> AS<br>| 69120 | 18725 |
|  | Cimsa Cimento <br> Sanayi VE Ticaret <br> AS<br>| 15242 | 17181 |
|  | Dogan Sirketler Grubu <br> Holding AS<br>| 46230 | 18772 |
|  | Dogus Otomotiv <br> Servis ve Ticaret <br> AS<br>| 2878 | 12338 |
| \* | Esenboga Elektrik <br> Uretim AS<br>| 99076 | 18376 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| \* | Europen Endustri <br> Insaat Sanayi VE <br> Ticaret AS<br>| 109717 | $23056 |
|  | Global Yatirim Holding <br> AS<br>| 225200 | 62504 |
|  | Is Yatirim Menkul <br> Degerler AS<br>| 30125 | 31474 |
| \* | Kardemir Karabuk <br> Demir Celik Sanayi <br> ve Ticaret AS <br> (KRDMA TI), <br> Class A<br>| 64988 | 44401 |
| #\* | Kardemir Karabuk <br> Demir Celik Sanayi <br> ve Ticaret AS <br> (KRDMD TI), <br> Class D<br>| 170857 | 111156 |
| \* | Kordsa Teknik Tekstil <br> AS<br>| 15368 | 20435 |
| \* | Reysas Tasimacilik ve <br> Lojistik Ticaret AS<br>| 60744 | 21496 |
|  | Sarkuysan Elektrolitik <br> Bakir Sanayi ve <br> Ticaret AS<br>| 19795 | 7199 |
|  | Sekerbank Turk AS | 257072 | 48910 |
| \* | Tekfen Holding AS | 12587 | 25191 |
|  | Turkiye Sigorta AS | 172306 | 50582 |
| # | Ulker Biskuvi Sanayi <br> AS<br>| 23724 | 60870 |
| \* | Zorlu Enerji Elektrik <br> Uretim AS<br>| 195804 | 15584 |
| TOTAL TURKEY | TOTAL TURKEY |  | 890516 |
| UNITED ARAB EMIRATES — (0.4%) | UNITED ARAB EMIRATES — (0.4%) | UNITED ARAB EMIRATES — (0.4%) | UNITED ARAB EMIRATES — (0.4%) |
|  | Abu Dhabi <br> Commercial Bank <br> PJSC<br>| 8172 | 32061 |
|  | Abu Dhabi National <br> Hotels<br>| 1127073 | 136776 |
| \* | Abu Dhabi Ports Co. <br> PJSC<br>| 136205 | 170051 |
|  | Agthia Group PJSC | 38410 | 40453 |
|  | Ajman Bank PJSC | 97467 | 38744 |
|  | Amanat Holdings <br> PJSC<br>| 220573 | 69036 |
| \* | Bank of Sharjah | 73344 | 25773 |
|  | Dana Gas PJSC | 894562 | 201674 |
|  | Deyaar Development <br> PJSC<br>| 239303 | 67203 |
|  | Dubai Financial <br> Market PJSC<br>| 214538 | 90036 |
|  | Dubai Investments <br> PJSC<br>| 448790 | 405830 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
|  | Dubai Islamic Bank <br> PJSC<br>| 340966 | $882016 |
|  | Emaar Development <br> PJSC<br>| 112658 | 457624 |
|  | Emaar Properties <br> PJSC<br>| 9451 | 36572 |
| \* | EMSTEEL Building <br> Materials PJSC<br>| 182719 | 58653 |
| \* | Modon Holding PSC | 27507 | 27329 |
|  | National Central <br> Cooling Co. PJSC<br>| 58193 | 47834 |
|  | NMDC Group PJSC | 12736 | 82917 |
| \* | RAK Properties PJSC | 242210 | 93058 |
|  | Ras Al Khaimah <br> Ceramics PJSC<br>| 90792 | 63533 |
|  | Sharjah Islamic Bank | 84403 | 67792 |
| \* | Union Properties <br> PJSC<br>| 403416 | 88451 |
| TOTAL UNITED ARAB <br> EMIRATES | TOTAL UNITED ARAB <br> EMIRATES |  | 3183416 |
| UNITED KINGDOM — (8.3%) | UNITED KINGDOM — (8.3%) | UNITED KINGDOM — (8.3%) | UNITED KINGDOM — (8.3%) |
| \* | Accesso Technology <br> Group PLC<br>| 12899 | 60105 |
|  | Advanced Medical <br> Solutions Group <br> PLC<br>| 25528 | 72124 |
| \* | Afentra PLC | 17799 | 10641 |
|  | AG Barr PLC | 15726 | 138227 |
|  | Ashmore Group PLC | 58171 | 143613 |
|  | Atalaya Mining <br> Copper SA<br>| 19905 | 179031 |
| \* | Auction Technology <br> Group PLC<br>| 11710 | 47555 |
|  | Aviva PLC | 79393 | 697805 |
|  | Avon Technologies <br> PLC<br>| 840 | 21165 |
|  | B&M European Value <br> Retail SA<br>| 59696 | 140955 |
| Ω | Bakkavor Group PLC | 66402 | 193530 |
|  | Balfour Beatty PLC | 184807 | 1633338 |
|  | Barratt Redrow PLC | 109554 | 542126 |
|  | Beazley PLC | 157760 | 1930003 |
|  | Begbies Traynor <br> Group PLC<br>| 2192 | 3226 |
|  | Bellway PLC | 22975 | 792936 |
|  | Berkeley Group <br> Holdings PLC<br>| 13400 | 709860 |
|  | Bloomsbury <br> Publishing PLC<br>| 23004 | 150942 |
|  | Bodycote PLC | 3811 | 30898 |
|  | Breedon Group PLC | 80612 | 364907 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
| # | Brooks Macdonald <br> Group PLC<br>| 4090 | $93743 |
|  | C&C Group PLC | 98194 | 176419 |
| \* | Canal & SA | 175700 | 553269 |
| \* | Capita PLC | 4614 | 19023 |
|  | Capital Ltd. | 44660 | 70395 |
|  | Card Factory PLC | 91534 | 124397 |
|  | Castings PLC | 4281 | 13700 |
|  | Centaur Media PLC | 16082 | 9297 |
|  | Central Asia Metals <br> PLC<br>| 34290 | 71715 |
|  | Centrica PLC | 1652534 | 3894693 |
|  | Chemring Group PLC | 72138 | 543795 |
|  | Chesnara PLC | 45670 | 165029 |
| \* | Close Brothers Group <br> PLC<br>| 11462 | 63226 |
| Ω | CMC Markets PLC | 23524 | 66556 |
|  | Costain Group PLC | 73709 | 148646 |
|  | Cranswick PLC | 5869 | 380750 |
|  | Croda International <br> PLC<br>| 13357 | 507046 |
|  | Currys PLC | 618346 | 1141347 |
| # | DCC PLC | 18290 | 1204927 |
| \* | DFS Furniture PLC | 52954 | 110860 |
|  | DiscoverIE Group <br> PLC<br>| 24510 | 187453 |
|  | Diversified Energy Co. <br> PLC (DEC LN)<br>| 2073 | 26164 |
|  | Diversified Energy Co. <br> PLC (DEC US)<br>| 5054 | 63933 |
|  | dotdigital group PLC | 18632 | 16663 |
|  | Dowlais Group PLC | 46616 | 50642 |
|  | Dr. Martens PLC | 101904 | 121893 |
|  | Drax Group PLC | 112465 | 1065907 |
|  | easyJet PLC | 72083 | 458938 |
|  | Elementis PLC | 99215 | 214460 |
|  | EnQuest PLC | 477212 | 76286 |
|  | Entain PLC | 28459 | 296420 |
|  | Essentra PLC | 28329 | 36231 |
|  | Fevara PLC | 8557 | 13599 |
|  | Firstgroup PLC | 245111 | 677084 |
| Ω | Forterra PLC | 52340 | 125250 |
|  | Foxtons Group PLC | 108086 | 78118 |
| \* | Frasers Group PLC | 10215 | 98062 |
|  | Fresnillo PLC | 51284 | 1499706 |
| \* | Frontier Developments <br> PLC<br>| 3815 | 26144 |
|  | Fuller Smith & Turner <br> PLC, Class A<br>| 11027 | 89272 |
|  | Future PLC | 15073 | 121539 |
|  | Galliford Try Holdings <br> PLC<br>| 632 | 4316 |
|  | Gamma <br> Communications <br> PLC<br>| 2110 | 27547 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | GB Group PLC | 23451 | $72592 |
|  | Genuit Group PLC | 68897 | 334973 |
|  | Genus PLC | 6977 | 225745 |
| \* | Georgia Capital PLC | 13296 | 452469 |
|  | Gooch & Housego <br> PLC<br>| 4041 | 30573 |
|  | Goodwin PLC | 300 | 85617 |
|  | Grafton Group PLC, <br> CDI<br>| 62324 | 779336 |
|  | Grainger PLC | 7382 | 18188 |
|  | Greencore Group <br> PLC<br>| 148586 | 465457 |
| \* | Griffin Mining Ltd. | 5698 | 14246 |
|  | Gulf Keystone <br> Petroleum Ltd.<br>| 119124 | 283567 |
| \* | Gulf Marine Services <br> PLC<br>| 55013 | 12154 |
| \*Ω | Gym Group PLC | 57218 | 104589 |
|  | Halfords Group PLC | 42184 | 82872 |
|  | Harbour Energy PLC | 28430 | 84152 |
|  | Hargreaves Services <br> PLC<br>| 7040 | 60710 |
|  | Harworth Group PLC | 35731 | 76988 |
|  | Helical PLC | 20917 | 57327 |
|  | Henry Boot PLC | 16735 | 48670 |
|  | Hikma <br> Pharmaceuticals <br> PLC<br>| 24125 | 583572 |
|  | Hill & Smith PLC | 39 | 1104 |
|  | Hiscox Ltd. | 87828 | 1587778 |
|  | Hochschild Mining <br> PLC<br>| 102345 | 444891 |
| Ω | Hostelworld Group <br> PLC<br>| 6358 | 10616 |
|  | Hunting PLC | 44485 | 199771 |
| Ω | Ibstock PLC | 92007 | 165284 |
|  | IG Group Holdings <br> PLC<br>| 22586 | 330604 |
|  | Inchcape PLC | 83863 | 841552 |
|  | Investec PLC | 196592 | 1480266 |
|  | Ithaca Energy PLC | 36058 | 103283 |
|  | ITV PLC | 958370 | 877249 |
|  | J D Wetherspoon <br> PLC<br>| 14617 | 124008 |
|  | J Sainsbury PLC | 531830 | 2387856 |
| \* | James Fisher & Sons <br> PLC<br>| 12277 | 64161 |
|  | JD Sports Fashion <br> PLC<br>| 407092 | 498844 |
|  | JET2 PLC | 2505 | 43745 |
| \* | John Wood Group <br> PLC<br>| 194974 | 47232 |
|  | Johnson Matthey <br> PLC<br>| 33817 | 947088 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Johnson Service <br> Group PLC<br>| 111790 | $199070 |
|  | Jupiter Fund <br> Management PLC<br>| 120501 | 241217 |
|  | Just Group PLC | 337292 | 941577 |
|  | Keller Group PLC | 36172 | 754544 |
|  | Kier Group PLC | 121707 | 346311 |
|  | Kingfisher PLC | 563532 | 2285449 |
|  | Kitwave Group PLC | 6746 | 19042 |
|  | Knights Group <br> Holdings PLC<br>| 8419 | 18615 |
|  | Lancashire Holdings <br> Ltd.<br>| 70702 | 620850 |
|  | Lion Finance Group <br> PLC<br>| 13268 | 1396772 |
|  | Liontrust Asset <br> Management PLC<br>| 12978 | 53011 |
|  | London Investment <br> Group PLC<br>| 9126 | 45042 |
|  | Macfarlane Group <br> PLC<br>| 49928 | 45676 |
|  | Man Group PLC | 249859 | 690313 |
|  | Marks & Spencer <br> Group PLC<br>| 447168 | 2336819 |
|  | Marshalls PLC | 45572 | 101087 |
| \* | Marston's PLC | 333418 | 200700 |
|  | Mears Group PLC | 33511 | 156194 |
|  | Melrose Industries <br> PLC<br>| 18546 | 152783 |
| \* | Mitchells & Butlers <br> PLC<br>| 157866 | 504829 |
|  | MJ Gleeson PLC | 7428 | 36018 |
|  | Mondi PLC | 117586 | 1314358 |
|  | Morgan Advanced <br> Materials PLC<br>| 55448 | 148696 |
|  | Morgan Sindall Group <br> PLC<br>| 13469 | 822952 |
|  | MP Evans Group <br> PLC<br>| 11582 | 205460 |
|  | NCC Group PLC | 80607 | 158543 |
|  | Norcros PLC | 25348 | 99882 |
| Ω | On the Beach Group <br> PLC<br>| 16354 | 45683 |
|  | OSB Group PLC | 116554 | 826131 |
|  | Pan African <br> Resources PLC<br>| 465482 | 511463 |
|  | Paragon Banking <br> Group PLC<br>| 16785 | 183064 |
|  | Pearson PLC (PSO <br> US), Sponsored <br> ADR<br>| 18663 | 259602 |
|  | Pearson PLC (PSON <br> LN)<br>| 27466 | 382272 |
|  | Persimmon PLC | 88805 | 1411388 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Pets at Home Group <br> PLC<br>| 141097 | $397459 |
|  | Pharos Energy PLC | 110849 | 30015 |
|  | Phoenix Group <br> Holdings PLC<br>| 14930 | 132262 |
| \* | Pinewood <br> Technologies Group <br> PLC<br>| 1201 | 5812 |
|  | Playtech PLC | 25979 | 89915 |
|  | Porvair PLC | 6976 | 70288 |
|  | PPHE Hotel Group <br> Ltd.<br>| 1935 | 36383 |
|  | Premier Foods PLC | 232062 | 556612 |
|  | PZ Cussons PLC | 15654 | 15233 |
|  | QinetiQ Group PLC | 74640 | 471328 |
|  | Rank Group PLC | 84921 | 132407 |
|  | Reach PLC | 153917 | 119501 |
| # | Rentokil Initial PLC, <br> Sponsored ADR<br>| 38415 | 1068705 |
|  | RHI Magnesita NV | 1673 | 46166 |
|  | RS Group PLC | 57717 | 422424 |
| Ω | Sabre Insurance <br> Group PLC<br>| 57957 | 102049 |
| \* | Saga PLC | 20357 | 71278 |
| \* | Savannah Energy <br> PLC<br>| 281630 | 25800 |
|  | Savills PLC | 33431 | 443014 |
|  | Schroders PLC | 122972 | 613645 |
|  | Secure Trust Bank <br> PLC<br>| 1288 | 16491 |
|  | Senior PLC | 117044 | 293167 |
|  | Serco Group PLC | 270573 | 902893 |
|  | Serica Energy PLC | 37385 | 106850 |
| \* | Sigmaroc PLC | 76223 | 115748 |
|  | Spectris PLC | 13685 | 738270 |
|  | Speedy Hire PLC | 77932 | 28225 |
| Ω | Spire Healthcare <br> Group PLC<br>| 63258 | 195030 |
| \*†† | Studio Retail Group <br> PLC<br>| 11240 | 0 |
|  | Tate & Lyle PLC | 81207 | 412274 |
|  | TBC Bank Group <br> PLC<br>| 13433 | 769605 |
| \* | Team Internet Group <br> PLC<br>| 26312 | 15718 |
|  | TP ICAP Group PLC | 321882 | 1110160 |
|  | Travis Perkins PLC | 44489 | 367831 |
|  | TT Electronics PLC | 42312 | 85800 |
| \* | Vanquis Banking <br> Group PLC<br>| 12468 | 18674 |
|  | Vertu Motors PLC | 110788 | 91205 |
|  | Vesuvius PLC | 58685 | 289599 |
|  | Victrex PLC | 8028 | 68217 |
| \* | Vistry Group PLC | 118116 | 1000520 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | Volex PLC | 6662 | $32824 |
|  | Vp PLC | 3924 | 29350 |
| \*Ω | Watches of <br> Switzerland Group <br> PLC<br>| 46136 | 238134 |
|  | Whitbread PLC | 23029 | 876719 |
|  | WPP PLC (WPP LN) | 18600 | 70283 |
|  | WPP PLC (WPP US), <br> Sponsored ADR<br>| 32483 | 616203 |
|  | YouGov PLC | 7891 | 27131 |
|  | Young & Co.'s <br> Brewery PLC <br> (YNGA LN), <br> Class A<br>| 5710 | 57750 |
|  | Young & Co.'s <br> Brewery PLC <br> (YNGN LN)<br>| 3006 | 24324 |
|  | Zigup PLC | 74561 | 339674 |
|  | Zotefoams PLC | 8589 | 51710 |
| TOTAL UNITED <br> KINGDOM | TOTAL UNITED <br> KINGDOM |  | 67982664 |
| UNITED STATES — (0.6%) | UNITED STATES — (0.6%) | UNITED STATES — (0.6%) | UNITED STATES — (0.6%) |
| \* | ADTRAN Holdings, <br> Inc.<br>| 6209 | 64282 |
| \* | Amrize Ltd. | 29084 | 1507715 |
| \* | Hut 8 Corp. (HUT <br> CN)<br>| 2503 | 126779 |
| #\* | Hut 8 Corp. (HUT <br> US)<br>| 3356 | 170015 |
|  | International Paper <br> Co.<br>| 24613 | 963787 |
|  | MEG Energy Corp. | 77945 | 1649430 |
|  | Royal Gold, Inc. | 1291 | 225588 |
|  | Smurfit WestRock <br> PLC<br>| 1486 | 54863 |
| TOTAL UNITED STATES | TOTAL UNITED STATES |  | 4762459 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 798125918 |
| PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) | PREFERRED STOCKS — (0.3%) |
| BRAZIL — (0.1%) | BRAZIL — (0.1%) | BRAZIL — (0.1%) | BRAZIL — (0.1%) |
|  | Alpargatas SA, <br> 1.006%<br>| 8400 | 16519 |
|  | Banco ABC Brasil SA, <br> 8.457%<br>| 24290 | 103888 |
| Ω | Banco BMG SA, <br> 7.859%<br>| 30400 | 22772 |
| \* | Banco BMG SA | 1249 | 905 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Banco do Estado do <br> Rio Grande do Sul <br> SA, 9.033%<br>| 67206 | $171639 |
|  | Banco Pan SA, <br> 2.333%<br>| 25165 | 48413 |
|  | Banco Pine SA, <br> 6.844%<br>| 12348 | 21552 |
|  | Cia de Ferro Ligas da <br> Bahia FERBASA, <br> 6.359%<br>| 31600 | 46108 |
|  | Eucatex SA Industria <br> e Comercio, <br> 4.404%<br>| 14000 | 43458 |
|  | Gerdau SA, 3.379% | 31567 | 111131 |
|  | Randoncorp SA, <br> 4.234%<br>| 39954 | 44930 |
|  | Schulz SA, 6.913% | 9400 | 8509 |
|  | Taurus Armas SA, <br> 3.642%<br>| 9680 | 9104 |
| \* | Usinas Siderurgicas <br> de Minas Gerais SA <br> Usiminas<br>| 76300 | 80414 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 729342 |
| COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) |
|  | Grupo Argos SA, <br> 5.588%<br>| 18029 | 56500 |
|  | Grupo Aval Acciones y <br> Valores SA, <br> 3.140%<br>| 122690 | 24731 |
|  | Grupo de Inversiones <br> Suramericana SA, <br> 3.606%<br>| 24923 | 264446 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 345677 |
| GERMANY — (0.2%) | GERMANY — (0.2%) | GERMANY — (0.2%) | GERMANY — (0.2%) |
|  | Draegerwerk AG & <br> Co. KGaA, 2.796%<br>| 1767 | 148901 |
|  | Einhell Germany AG, <br> 1.843%<br>| 999 | 94742 |
|  | FUCHS SE, 3.020% | 7963 | 356460 |
|  | Jungheinrich AG, <br> 2.591%<br>| 10257 | 366566 |
|  | Sixt SE, 4.946% | 3785 | 240459 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | STO SE & Co. KGaA, <br> 2.782%<br>| 583 | $80147 |
|  | Villeroy & Boch AG, <br> 5.438%<br>| 889 | 16961 |
| TOTAL GERMANY | TOTAL GERMANY |  | 1304236 |
| TOTAL PREFERRED <br> STOCKS | TOTAL PREFERRED <br> STOCKS |  | 2379255 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) |
| \*†† | Wiluna Mining Corp. <br> Ltd. Warrants<br>| 13267 | 330 |
| BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) |
| \* | Banco Pine SA Rights <br> 11/17/2025<br>| 312 | 62 |
| ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) |
| \* | Webuild SpA Warrants <br> 08/02/2030<br>| 2669 | 0 |
| MALAYSIA — (0.0%) | MALAYSIA — (0.0%) | MALAYSIA — (0.0%) | MALAYSIA — (0.0%) |
| \* | Guan Chong Bhd. <br> Warrants <br> 06/19/2028<br>| 4100 | 147 |
| THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) |
| \* | Better World Green <br> PCL Warrants<br>| 344332 | 0 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 539 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $529,869,637) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $529,869,637) |  | 800505712 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | **Value†** |
| SECURITIES LENDING COLLATERAL — (2.3%) | SECURITIES LENDING COLLATERAL — (2.3%) | SECURITIES LENDING COLLATERAL — (2.3%) | SECURITIES LENDING COLLATERAL — (2.3%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 1660225 | 19203827 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $549,073,464) | (Cost $549,073,464) |  | $819709539 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

As of October 31, 2025, World ex U.S. Targeted Value Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 7 | 12/19/25 | &nbsp;&nbsp; $2413029 | &nbsp;&nbsp; $2405900 | &nbsp;&nbsp; $(7129)<br>|
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$2413029** | &nbsp;&nbsp; **$2405900** | &nbsp;&nbsp; **$(7129)**<br>|

---

As of October 31, 2025, the value of Rule 144A securities amounted to $29,012,185 or 3.6% of net assets.

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Australia | &nbsp;&nbsp; $81863 | &nbsp;&nbsp; $34695590 | &nbsp;&nbsp; $3479 | &nbsp;&nbsp; $34780932 |
| Austria | &nbsp;&nbsp; — | &nbsp;&nbsp; 5725685 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5725685 |
| Belgium | &nbsp;&nbsp; 137550 | &nbsp;&nbsp; 8086115 | &nbsp;&nbsp; — | &nbsp;&nbsp; 8223665 |
| Brazil | &nbsp;&nbsp; 6311582 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 6311582 |
| Canada | &nbsp;&nbsp; 72074899 | &nbsp;&nbsp; — | &nbsp;&nbsp; 17 | &nbsp;&nbsp; 72074916 |
| Chile | &nbsp;&nbsp; — | &nbsp;&nbsp; 766831 | &nbsp;&nbsp; — | &nbsp;&nbsp; 766831 |
| China | &nbsp;&nbsp; 2750405 | &nbsp;&nbsp; 68924904 | &nbsp;&nbsp; 37635 | &nbsp;&nbsp; 71712944 |
| Colombia | &nbsp;&nbsp; 191650 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 191650 |
| Denmark | &nbsp;&nbsp; — | &nbsp;&nbsp; 15336215 | &nbsp;&nbsp; — | &nbsp;&nbsp; 15336215 |
| Finland | &nbsp;&nbsp; — | &nbsp;&nbsp; 12793901 | &nbsp;&nbsp; — | &nbsp;&nbsp; 12793901 |
| France | &nbsp;&nbsp; 130537 | &nbsp;&nbsp; 26132321 | &nbsp;&nbsp; — | &nbsp;&nbsp; 26262858 |
| Germany | &nbsp;&nbsp; 1343196 | &nbsp;&nbsp; 25516918 | &nbsp;&nbsp; — | &nbsp;&nbsp; 26860114 |
| Greece | &nbsp;&nbsp; — | &nbsp;&nbsp; 1012738 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1012738 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 7636418 | &nbsp;&nbsp; 3852 | &nbsp;&nbsp; 7640270 |
| Hungary | &nbsp;&nbsp; — | &nbsp;&nbsp; 356587 | &nbsp;&nbsp; — | &nbsp;&nbsp; 356587 |
| India | &nbsp;&nbsp; 56621 | &nbsp;&nbsp; 46742568 | &nbsp;&nbsp; — | &nbsp;&nbsp; 46799189 |
| Indonesia | &nbsp;&nbsp; — | &nbsp;&nbsp; 3496169 | &nbsp;&nbsp; 1588 | &nbsp;&nbsp; 3497757 |
| Ireland | &nbsp;&nbsp; — | &nbsp;&nbsp; 9727880 | &nbsp;&nbsp; — | &nbsp;&nbsp; 9727880 |
| Israel | &nbsp;&nbsp; 265915 | &nbsp;&nbsp; 8763880 | &nbsp;&nbsp; — | &nbsp;&nbsp; 9029795 |
| Italy | &nbsp;&nbsp; 1067936 | &nbsp;&nbsp; 30348627 | &nbsp;&nbsp; — | &nbsp;&nbsp; 31416563 |
| Japan | &nbsp;&nbsp; — | &nbsp;&nbsp; 123759572 | &nbsp;&nbsp; — | &nbsp;&nbsp; 123759572 |
| Kuwait | &nbsp;&nbsp; — | &nbsp;&nbsp; 1309568 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1309568 |
| Malaysia | &nbsp;&nbsp; — | &nbsp;&nbsp; 3449777 | &nbsp;&nbsp; 14 | &nbsp;&nbsp; 3449791 |
| Mexico | &nbsp;&nbsp; 4665186 | &nbsp;&nbsp; 6168 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4671354 |
| Netherlands | &nbsp;&nbsp; — | &nbsp;&nbsp; 18270208 | &nbsp;&nbsp; — | &nbsp;&nbsp; 18270208 |
| New Zealand | &nbsp;&nbsp; — | &nbsp;&nbsp; 1308512 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1308512 |
| Norway | &nbsp;&nbsp; — | &nbsp;&nbsp; 4120432 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4120432 |
| Philippines | &nbsp;&nbsp; — | &nbsp;&nbsp; 765744 | &nbsp;&nbsp; 911 | &nbsp;&nbsp; 766655 |
| Poland | &nbsp;&nbsp; — | &nbsp;&nbsp; 2778998 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2778998 |
| Portugal | &nbsp;&nbsp; — | &nbsp;&nbsp; 4041083 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4041083 |
| Qatar | &nbsp;&nbsp; — | &nbsp;&nbsp; 1419441 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1419441 |
| Saudi Arabia | &nbsp;&nbsp; 31367 | &nbsp;&nbsp; 6140158 | &nbsp;&nbsp; — | &nbsp;&nbsp; 6171525 |
| Singapore | &nbsp;&nbsp; — | &nbsp;&nbsp; 5785738 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5785738 |
| South Africa | &nbsp;&nbsp; 3128376 | &nbsp;&nbsp; 5745903 | &nbsp;&nbsp; — | &nbsp;&nbsp; 8874279 |
| South Korea | &nbsp;&nbsp; — | &nbsp;&nbsp; 26570698 | &nbsp;&nbsp; 10043 | &nbsp;&nbsp; 26580741 |
| Spain | &nbsp;&nbsp; — | &nbsp;&nbsp; 17949523 | &nbsp;&nbsp; — | &nbsp;&nbsp; 17949523 |

---

------

**World ex U.S. Targeted Value Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Sweden | &nbsp;&nbsp; $15123 | &nbsp;&nbsp; $15593043 | &nbsp;&nbsp; — | &nbsp;&nbsp; $15608166 |
| Switzerland | &nbsp;&nbsp; 265771 | &nbsp;&nbsp; 39060946 | &nbsp;&nbsp; — | &nbsp;&nbsp; 39326717 |
| Taiwan | &nbsp;&nbsp; 9811 | &nbsp;&nbsp; 42160549 | &nbsp;&nbsp; $2116 | &nbsp;&nbsp; 42172476 |
| Thailand | &nbsp;&nbsp; 11022 | &nbsp;&nbsp; 2408990 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2420012 |
| Turkey | &nbsp;&nbsp; — | &nbsp;&nbsp; 890516 | &nbsp;&nbsp; — | &nbsp;&nbsp; 890516 |
| United Arab Emirates | &nbsp;&nbsp; — | &nbsp;&nbsp; 3183416 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3183416 |
| United Kingdom | &nbsp;&nbsp; 2008443 | &nbsp;&nbsp; 65974221 | &nbsp;&nbsp; — | &nbsp;&nbsp; 67982664 |
| United States | &nbsp;&nbsp; 3734390 | &nbsp;&nbsp; 1028069 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4762459 |
| Preferred Stocks |  |  |  |  |
| Brazil | &nbsp;&nbsp; 729342 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 729342 |
| Colombia | &nbsp;&nbsp; 345677 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 345677 |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 1304236 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1304236 |
| Rights/Warrants |  |  |  |  |
| Australia | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 330 | &nbsp;&nbsp; 330 |
| Brazil | &nbsp;&nbsp; — | &nbsp;&nbsp; 62 | &nbsp;&nbsp; — | &nbsp;&nbsp; 62 |
| Italy | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Malaysia | &nbsp;&nbsp; — | &nbsp;&nbsp; 147 | &nbsp;&nbsp; — | &nbsp;&nbsp; 147 |
| Thailand | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 19203827 | &nbsp;&nbsp; — | &nbsp;&nbsp; 19203827 |
| Total Investments in Securities | &nbsp;&nbsp; $99356662 | &nbsp;&nbsp; $720292892 | &nbsp;&nbsp; $59,985˂˃ | &nbsp;&nbsp; $819709539 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Liabilities** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; (7129) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (7129) |
| Total Financial Instruments | &nbsp;&nbsp; $(7129) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $(7129) |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

------

**World Core Equity Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| DOMESTIC EQUITIES — (63.1%) | DOMESTIC EQUITIES — (63.1%) | DOMESTIC EQUITIES — (63.1%) |
| U.S. Core Equity 1 Portfolio | &nbsp;&nbsp;&nbsp; 15431285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $757058873 |
| INTERNATIONAL EQUITIES — (36.9%) | INTERNATIONAL EQUITIES — (36.9%) | INTERNATIONAL EQUITIES — (36.9%) |
| International Core Equity 2 Portfolio | &nbsp;&nbsp;&nbsp; 15395580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 300829636 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp;&nbsp; 4905911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 142761997 |
| TOTAL INTERNATIONAL EQUITIES | TOTAL INTERNATIONAL EQUITIES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 443591633 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES <br>(Cost $561,088,514) | TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES <br>(Cost $561,088,514) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1200650506 |
| TEMPORARY CASH INVESTMENTS — (0.0%) | TEMPORARY CASH INVESTMENTS — (0.0%) | TEMPORARY CASH INVESTMENTS — (0.0%) |
| ɎState Street Institutional U.S. Government Money Market Fund, 4.010% <br>(Cost $282,649) | &nbsp;&nbsp;&nbsp; 282649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 282648 |
| TOTAL INVESTMENTS — (100.0%) <br>(Cost $561,371,163) | TOTAL INVESTMENTS — (100.0%) <br>(Cost $561,371,163) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1200933154 |

---

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Affiliated Investment Companies | &nbsp;&nbsp; $1200650506 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $1200650506 |
| Temporary Cash Investments | &nbsp;&nbsp; 282648 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 282648 |
| Total Investments in Securities | &nbsp;&nbsp; $1200933154 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $1200933154 |

---

See accompanying Notes to Financial Statements.

------

**Selectively Hedged Global Equity Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| DOMESTIC EQUITIES — (58.3%) | DOMESTIC EQUITIES — (58.3%) | DOMESTIC EQUITIES — (58.3%) |
| U.S. Core Equity 2 Portfolio | &nbsp;&nbsp;&nbsp; 4513389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $197009409 |
| INTERNATIONAL EQUITIES — (41.7%) | INTERNATIONAL EQUITIES — (41.7%) | INTERNATIONAL EQUITIES — (41.7%) |
| International Core Equity 2 Portfolio | &nbsp;&nbsp;&nbsp; 4088973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 79898543 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp;&nbsp; 2106525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61299867 |
| TOTAL INTERNATIONAL EQUITIES | TOTAL INTERNATIONAL EQUITIES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141198410 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES <br>(Cost $146,795,153) | TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES <br>(Cost $146,795,153) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $338207819 |

---

As of October 31, 2025, Selectively Hedged Global Equity Portfolio had entered into the following forward currency contracts and the net unrealized forward currency gain (loss) is reflected in the accompanying financial statements:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Counterparty** | **Settlement**<br> **Date**<br>| **Unrealized**<br> **Foreign**<br> **Exchange**<br> **Appreciation**<br> **(Depreciation)**<br>|
| USD | 5188221 | CAD | 7225500 | Australia and New Zealand Bank | 11/07/25 | &nbsp;&nbsp;&nbsp;&nbsp; $35486 |
| USD | 536886 | NOK | 5327800 | Citibank, N.A. | 11/07/25 | &nbsp;&nbsp;&nbsp;&nbsp; 10905 |
| USD | 15892703 | JPY | 2394262725 | UBS AG | 11/10/25 | &nbsp;&nbsp;&nbsp;&nbsp; 348765 |
| USD | 797110 | SGD | 1018000 | Bank of America Corp. | 11/12/25 | &nbsp;&nbsp;&nbsp;&nbsp; 14502 |
| USD | 46695 | SGD | 60483 | Citibank, N.A. | 11/12/25 | &nbsp;&nbsp;&nbsp;&nbsp; 198 |
| USD | 189689 | NZD | 330400 | Citibank, N.A. | 11/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; 519 |
| USD | 8426948 | GBP | 6274400 | Citibank, N.A. | 11/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; 184036 |
| USD | 21054279 | EUR | 18011000 | Royal Bank of Canada | 11/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; 278695 |
| USD | 1987706 | SEK | 18712000 | Societe Generale | 11/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; 16526 |
| ILS | 2795994 | USD | 849789 | Morgan Stanley & Co. LLC | 11/18/25 | &nbsp;&nbsp;&nbsp;&nbsp; 8223 |
| USD | 5369538 | CHF | 4243200 | HSBC Bank | 12/01/25 | &nbsp;&nbsp;&nbsp;&nbsp; 80152 |
| USD | 1607549 | DKK | 10270300 | Societe Generale | 12/01/25 | &nbsp;&nbsp;&nbsp;&nbsp; 19483 |
| HKD | 5237970 | USD | 674402 | State Street Bank and Trust | 12/04/25 | &nbsp;&nbsp;&nbsp;&nbsp; 98 |
| **Total Appreciation** | **Total Appreciation** | **Total Appreciation** | **Total Appreciation** |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **$997588** |
| NOK | 5327800 | USD | 529886 | Societe Generale | 11/07/25 | &nbsp;&nbsp;&nbsp;&nbsp; $(3905)<br>|
| USD | 4393154 | AUD | 6758300 | Citibank, N.A. | 11/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; (29478)<br>|
| USD | 46109 | ILS | 152994 | Bank of America Corp. | 11/18/25 | &nbsp;&nbsp;&nbsp;&nbsp; (841)<br>|
| USD | 779425 | ILS | 2643000 | Citibank, N.A. | 11/18/25 | &nbsp;&nbsp;&nbsp;&nbsp; (31637)<br>|
| USD | 12867153 | HKD | 100023000 | Goldman Sachs Capital Markets L.P. | 12/04/25 | &nbsp;&nbsp;&nbsp;&nbsp; (12938)<br>|
| **Total (Depreciation)** | **Total (Depreciation)** | **Total (Depreciation)** | **Total (Depreciation)** |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **$(78799)**<br>|
| **Total Appreciation**<br> **(Depreciation)** | **Total Appreciation**<br> **(Depreciation)** | **Total Appreciation**<br> **(Depreciation)** | **Total Appreciation**<br> **(Depreciation)** |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **$918789** |

---

------

**Selectively Hedged Global Equity Portfolio**

**CONTINUED**

As of October 31, 2025, Selectively Hedged Global Equity Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 12 | 12/19/25 | &nbsp;&nbsp; $3987610 | &nbsp;&nbsp; $4124400 | &nbsp;&nbsp; $136790 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$3987610** | &nbsp;&nbsp; **$4124400** | &nbsp;&nbsp; **$136790** |

---

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Affiliated Investment Companies | &nbsp;&nbsp; $338207819 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $338207819 |
| Total Investments in Securities | &nbsp;&nbsp; $338207819 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $338207819 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Forward Currency Contracts\*\* | &nbsp;&nbsp; — | &nbsp;&nbsp; $997588 | &nbsp;&nbsp; — | &nbsp;&nbsp; 997588 |
| Futures Contracts\*\* | &nbsp;&nbsp; 136790 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 136790 |
| **Liabilities** |  |  |  |  |
| Forward Currency Contracts\*\* | &nbsp;&nbsp; — | &nbsp;&nbsp; (78799) | &nbsp;&nbsp; — | &nbsp;&nbsp; (78799) |
| Total Financial Instruments | &nbsp;&nbsp; $136790 | &nbsp;&nbsp; $918789 | &nbsp;&nbsp; — | &nbsp;&nbsp; $1055579 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

See accompanying Notes to Financial Statements.

------

**Emerging Markets Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025** 

---

| | |
|:---|:---|
|  | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| The Emerging Markets Series | $6366085878 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $6366085878 |

---

Summary of the Portfolio's Master Fund's investments as of October 31, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

**Emerging Markets Small Cap Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025** 

---

| | |
|:---|:---|
|  | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| The Emerging Markets Small Cap Series | $3911067521 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $3911067521 |

---

Summary of the Portfolio's Master Fund's investments as of October 31, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

**Emerging Markets Value Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025** 

---

| | |
|:---|:---|
|  | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| Dimensional Emerging Markets Value Fund | $12925187607 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | $12925187607 |

---

Summary of the Portfolio's Master Fund's investments as of October 31, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

------

**Emerging Markets Core Equity 2 Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (97.2%) | COMMON STOCKS — (97.2%) | COMMON STOCKS — (97.2%) | COMMON STOCKS — (97.2%) |
| BRAZIL — (2.7%) | BRAZIL — (2.7%) | BRAZIL — (2.7%) | BRAZIL — (2.7%) |
| \* | Allianca Saude e <br> Participacoes SA<br>| 18481 | $21264 |
|  | Allied Tecnologia SA | 144486 | 274204 |
|  | Allos SA | 1706264 | 7912952 |
| \* | Allpark <br> Empreendimentos <br> Participacoes e <br> Servicos SA<br>| 71405 | 54948 |
|  | Alupar Investimento <br> SA<br>| 936528 | 5671443 |
| # | Ambev SA (ABEV <br> US), ADR<br>| 3022063 | 6980966 |
|  | Anima Holding SA | 1802879 | 1182941 |
|  | Armac Locacao <br> Logistica E Servicos <br> SA<br>| 137000 | 95493 |
|  | Auren Energia SA | 1144317 | 2337576 |
| \* | Automob <br> Participacoes SA<br>| 24345 | 58827 |
|  | B3 SA - Brasil Bolsa <br> Balcao<br>| 5894621 | 13871114 |
|  | Banco Bradesco SA <br> (BBDC3 BZ)<br>| 1944390 | 5591077 |
|  | Banco BTG Pactual <br> SA<br>| 841892 | 7639693 |
|  | Banco do Brasil SA | 4126307 | 16796833 |
|  | Banco Santander <br> Brasil SA<br>| 792226 | 4585529 |
|  | BB Seguridade <br> Participacoes SA<br>| 1578154 | 9636216 |
|  | Bemobi Mobile Tech <br> SA<br>| 255078 | 1111828 |
| \* | Blau Farmaceutica <br> SA<br>| 161947 | 402764 |
|  | Boa Safra Sementes <br> SA<br>| 103417 | 201838 |
|  | BR Advisory Partners <br> Participacoes SA<br>| 4200 | 15145 |
|  | BrasilAgro - Co. <br> Brasileira de <br> Propriedades <br> Agricolas<br>| 413318 | 1534976 |
| \* | Brava Energia | 620267 | 1701715 |
|  | Brisanet Servicos de <br> Telecomunicacoes <br> SA<br>| 553225 | 305408 |
|  | C&A Modas SA | 1224348 | 3698111 |
|  | Caixa Seguridade <br> Participacoes SA<br>| 269531 | 749984 |
|  | Camil Alimentos SA | 756666 | 770738 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Centrais Eletricas <br> Brasileiras SA<br>| 1568008 | $16239817 |
| \* | Cia Brasileira de <br> Aluminio<br>| 805427 | 776990 |
| \* | Cia Brasileira de <br> Distribuicao<br>| 1926095 | 1346131 |
|  | Cia de Saneamento <br> Basico do Estado <br> de Sao Paulo <br> SABESP (SBSP3 <br> BZ)<br>| 806780 | 19769293 |
|  | Cia de Saneamento <br> de Minas Gerais <br> Copasa MG<br>| 1305425 | 9169604 |
|  | Cia De Sanena Do <br> Parana (SAPR11 <br> BZ)<br>| 1369458 | 8776831 |
|  | Cia De Sanena Do <br> Parana (SAPR3 <br> BZ)<br>| 879228 | 1166867 |
|  | Cia Energetica de <br> Minas Gerais (CIG <br> US), Sponsored <br> ADR<br>| 308388 | 644530 |
|  | Cia Energetica de <br> Minas Gerais <br> (CMIG3 BZ)<br>| 1257688 | 3399062 |
|  | Cia Paranaense de <br> Energia - Copel<br>| 1753488 | 4272944 |
|  | Cia Siderurgica <br> Nacional SA <br> (CSNA3 BZ)<br>| 3113810 | 5463688 |
| # | Cia Siderurgica <br> Nacional SA (SID <br> US), Sponsored <br> ADR<br>| 2722363 | 4791359 |
|  | Cogna Educacao SA | 12687659 | 8820127 |
|  | Construtora Tenda <br> SA<br>| 46000 | 201530 |
| \* | Cosan SA | 1226502 | 1402055 |
|  | CPFL Energia SA | 474446 | 3668613 |
|  | Cruzeiro do Sul <br> Educacional SA<br>| 916175 | 992816 |
|  | CSU Digital SA | 215633 | 715443 |
|  | Cury Construtora e <br> Incorporadora SA<br>| 768620 | 4991790 |
|  | Cyrela Brazil Realty <br> SA <br> Empreendimentos e <br> Participacoes<br>| 1834683 | 10390950 |

---

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
| Ω | Desktop SA | 383970 | $1091969 |
|  | Dexco SA | 3068808 | 3057428 |
| \* | Diagnosticos da <br> America SA<br>| 167757 | 54256 |
|  | Dimed SA <br> Distribuidora da <br> Medicamentos<br>| 551444 | 962473 |
|  | Direcional Engenharia <br> SA<br>| 1597077 | 5040636 |
|  | EcoRodovias <br> Infraestrutura e <br> Logistica SA<br>| 1353225 | 2004703 |
|  | Embraer SA (EMBR3 <br> BZ)<br>| 656049 | 10607850 |
|  | Embraer SA (ERJ <br> US), Sponsored <br> ADR<br>| 905779 | 58404630 |
|  | Empreendimentos <br> Pague Menos SA<br>| 1496324 | 1084706 |
|  | Energisa SA | 1102659 | 10622927 |
| \* | Eneva SA | 2358433 | 8026637 |
|  | Engie Brasil Energia <br> SA<br>| 575061 | 4275586 |
|  | Equatorial Energia <br> SA<br>| 2737540 | 18649029 |
|  | Eternit SA | 362800 | 280532 |
|  | Even Construtora e <br> Incorporadora SA<br>| 826719 | 1144817 |
|  | Ez Tec <br> Empreendimentos e <br> Participacoes SA<br>| 720082 | 2482833 |
|  | Fleury SA | 1462613 | 3955615 |
|  | Fras-Le SA | 256727 | 1095156 |
| # | Gerdau SA, <br> Sponsored ADR<br>| 2486838 | 8679066 |
| Ω | GPS Participacoes e <br> Empreendimentos <br> SA<br>| 1048098 | 3705392 |
|  | Grendene SA | 1197840 | 1171133 |
| \* | Grupo Casas Bahia <br> SA<br>| 312513 | 209118 |
|  | Grupo Mateus SA | 2188721 | 2619980 |
|  | Grupo SBF SA | 815748 | 1957510 |
|  | Guararapes <br> Confeccoes SA<br>| 696228 | 1310940 |
| \*Ω | Hapvida Participacoes <br> e Investimentos SA<br>| 930524 | 5410234 |
| \* | Hidrovias do Brasil <br> SA<br>| 749004 | 544356 |
|  | Hospital Mater Dei <br> SA<br>| 26000 | 20588 |
|  | Hypera SA | 1269090 | 6095463 |
|  | Iochpe Maxion SA | 882657 | 1796503 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Irani Papel e <br> Embalagem SA<br>| 585746 | $971172 |
| \* | IRB-Brasil Resseguros <br> SA<br>| 609578 | 5590491 |
| \* | Jalles Machado SA | 902487 | 459635 |
| \* | JBS NV, BDR | 1361635 | 18093716 |
|  | JHSF Participacoes <br> SA<br>| 2858967 | 3502001 |
|  | JSL SA | 361365 | 362712 |
|  | Kepler Weber SA | 902276 | 1551325 |
|  | Klabin SA | 5155277 | 17286629 |
|  | Lavvi <br> Empreendimentos <br> Imobiliarios SA<br>| 363254 | 1009423 |
|  | Localiza Rent a Car <br> SA<br>| 954042 | 6994009 |
|  | LOG Commercial <br> Properties e <br> Participacoes SA<br>| 212777 | 937334 |
| \* | Log-in Logistica <br> Intermodal SA<br>| 246000 | 1508936 |
|  | Lojas Quero-Quero <br> SA<br>| 1366573 | 533426 |
|  | Lojas Renner SA | 5960772 | 16442134 |
| Ω | LWSA SA | 2269531 | 1649433 |
|  | M Dias Branco SA | 337520 | 1839438 |
|  | Magazine Luiza SA | 1628103 | 2563227 |
|  | Mahle Metal Leve SA | 75800 | 420285 |
|  | Marcopolo SA | 914768 | 1159624 |
|  | MBRF Global Foods <br> Co. SA<br>| 1321685 | 4390099 |
| \*Ω | Meliuz SA | 79900 | 66386 |
|  | Melnick Even <br> Desenvolvimento <br> Imobiliario SA<br>| 437006 | 319229 |
|  | Mills Locacao <br> Servicos e Logistica <br> SA<br>| 1248913 | 3029455 |
| \* | Minerva SA | 468025 | 624619 |
|  | Motiva Infraestrutura <br> de Mobilidade SA<br>| 3387542 | 9999009 |
|  | Moura Dubeux <br> Engenharia SA<br>| 371393 | 1908757 |
|  | Movida Participacoes <br> SA<br>| 1792856 | 2729299 |
| \* | MRV Engenharia e <br> Participacoes SA<br>| 2764349 | 3884512 |
|  | Multiplan <br> Empreendimentos <br> Imobiliarios SA<br>| 852225 | 4354625 |
| \* | Natura Cosmeticos <br> SA<br>| 2539725 | 4253371 |
|  | Neoenergia SA | 522028 | 2831397 |

---

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
| \* | Oceanpact Servicos <br> Maritimos SA<br>| 227784 | $321356 |
|  | Odontoprev SA | 1559568 | 3690239 |
| \* | Oncoclinicas do Brasil <br> Servicos Medicos <br> SA<br>| 467509 | 188570 |
| \* | Orizon Valorizacao de <br> Residuos SA<br>| 129992 | 1340042 |
| \* | PBG SA | 226391 | 160748 |
|  | Pet Center Comercio <br> e Participacoes SA<br>| 850269 | 587924 |
|  | Petroleo Brasileiro SA <br> - Petrobras<br>| 16003488 | 93731337 |
|  | Petroleo Brasileiro SA <br> - Petrobras (PBR <br> US), Sponsored <br> ADR<br>| 297124 | 3458523 |
|  | Petroleo Brasileiro SA <br> - Petrobras (PBRA <br> US), Sponsored <br> ADR<br>| 279581 | 3089370 |
|  | Petroreconcavo SA | 1271651 | 2935697 |
|  | Plano & Plano <br> Desenvolvimento <br> Imobiliario SA<br>| 285500 | 775315 |
|  | Porto Seguro SA | 1064120 | 9503985 |
|  | Positivo Tecnologia <br> SA<br>| 557405 | 425828 |
|  | Priner Servicos <br> Industriais SA<br>| 24000 | 68253 |
| \* | PRIO SA | 3045920 | 20398796 |
|  | Profarma Distribuidora <br> de Produtos <br> Farmaceuticos SA<br>| 86730 | 135416 |
|  | Qualicorp Consultoria <br> e Corretora de <br> Seguros SA<br>| 1107361 | 557802 |
|  | Raia Drogasil SA | 3977882 | 14787803 |
| Ω | Rede D'Or Sao Luiz <br> SA<br>| 244197 | 1967211 |
|  | Romi SA | 406694 | 615338 |
|  | Rumo SA | 734564 | 2173674 |
|  | Sao Carlos <br> Empreendimentos e <br> Participacoes SA<br>| 42201 | 164178 |
|  | Sao Martinho SA | 1342496 | 3503498 |
| # | Sendas Distribuidora <br> SA (ASAI US), <br> ADR<br>| 112571 | 885934 |
|  | Sendas Distribuidora <br> SA (ASAI3 BZ)<br>| 6136866 | 9809951 |
| Ω | Ser Educacional SA | 456607 | 863997 |
|  | Simpar SA | 2077544 | 1784079 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | SLC Agricola SA | 1162573 | $3489914 |
|  | Smartfit Escola de <br> Ginastica e Danca <br> SA<br>| 1067182 | 4994776 |
| # | Suzano SA (SUZ US), <br> Sponsored ADR<br>| 59174 | 534342 |
|  | Suzano SA (SUZB3 <br> BZ)<br>| 2338104 | 21247392 |
|  | SYN prop e tech SA | 253734 | 236758 |
|  | Tegma Gestao <br> Logistica SA<br>| 247709 | 1677346 |
| # | Telefonica Brasil SA <br> (VIV US), ADR<br>| 78887 | 941122 |
|  | Telefonica Brasil SA <br> (VIVT3 BZ)<br>| 1052320 | 6267035 |
|  | TIM SA | 2984500 | 13474754 |
|  | TOTVS SA | 695360 | 5734835 |
|  | Transmissora Alianca <br> de Energia Eletrica <br> SA<br>| 1334922 | 9453718 |
|  | Tres Tentos <br> Agroindustrial SA<br>| 422732 | 1257993 |
|  | Trisul SA | 493079 | 700215 |
|  | Tupy SA | 501510 | 1154043 |
|  | Ultrapar Participacoes <br> SA (UGP US), <br> Sponsored ADR<br>| 12552 | 49706 |
|  | Ultrapar Participacoes <br> SA (UGPA3 BZ)<br>| 2700243 | 10745862 |
|  | Unifique <br> Telecomunicacoes <br> SA<br>| 1011374 | 906109 |
|  | Unipar Carbocloro SA | 51152 | 569523 |
| \* | Usinas Siderurgicas <br> de Minas Gerais SA <br> Usiminas<br>| 625852 | 654940 |
|  | Vale SA (VALE US), <br> Sponsored ADR<br>| 1040592 | 12580757 |
|  | Vale SA (VALE3 BZ) | 8041867 | 97549653 |
|  | Valid Solucoes e <br> Servicos de <br> Seguranca em <br> Meios de <br> Pagamento e <br> Identificacao SA<br>| 476537 | 1961969 |
|  | Vamos Locacao de <br> Caminhoes <br> Maquinas e <br> Equipamentos SA<br>| 1706340 | 1027620 |
|  | Vibra Energia SA | 5178016 | 22906678 |
|  | Vittia SA | 27695 | 24864 |
|  | Vivara Participacoes <br> SA<br>| 418100 | 2424692 |

---

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Vulcabras SA | 617334 | $2650659 |
|  | WEG SA | 1828249 | 14306691 |
|  | Wiz Co. | 411669 | 635874 |
|  | XP, Inc., BDR | 22450 | 405733 |
|  | YDUQS Participacoes <br> SA<br>| 1721145 | 4546040 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 910868274 |
| CHILE — (0.4%) | CHILE — (0.4%) | CHILE — (0.4%) | CHILE — (0.4%) |
|  | Aguas Andinas SA, <br> Class A<br>| 10410832 | 3966857 |
|  | Banco de Chile (BCH <br> US), ADR<br>| 320232 | 11179303 |
|  | Banco de Chile <br> (CHILE CI)<br>| 8223409 | 1422832 |
|  | Banco de Credito e <br> Inversiones SA<br>| 160011 | 8211968 |
|  | Banco Itau Chile SA | 1105 | 20063 |
|  | Banco Santander <br> Chile (BSAC US), <br> ADR<br>| 286880 | 8233455 |
|  | Besalco SA | 2741825 | 3222812 |
|  | Bicecorp SA | 3894570 | 1363533 |
|  | Camanchaca SA | 49415 | 3292 |
| \* | CAP SA | 467253 | 3122314 |
|  | Cencosud SA | 2878545 | 8916041 |
|  | Cencosud Shopping <br> SA<br>| 568660 | 1348619 |
|  | Cia Cervecerias <br> Unidas SA (CCU <br> CI)<br>| 148539 | 946267 |
| # | Cia Cervecerias <br> Unidas SA (CCU <br> US), Sponsored <br> ADR<br>| 75722 | 976814 |
|  | Cia Sud Americana de <br> Vapores SA<br>| 42693211 | 2122174 |
|  | Colbun SA | 22420071 | 3369636 |
|  | Cristalerias de Chile <br> SA<br>| 59157 | 169759 |
|  | Embotelladora Andina <br> SA, ADR, Class B<br>| 87477 | 2367128 |
|  | Empresa Nacional de <br> Telecomunicaciones <br> SA<br>| 1286606 | 6128761 |
|  | Empresas CMPC SA | 3064114 | 4425092 |
|  | Empresas Copec SA | 710255 | 5073766 |
| \* | Empresas Hites SA | 1031610 | 143673 |
|  | Enel Americas SA <br> (ENELAM CI)<br>| 21625820 | 2044533 |
|  | Enel Chile SA <br> (ENELCHIL CI)<br>| 45932753 | 3505946 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHILE — (Continued) | CHILE — (Continued) | CHILE — (Continued) | CHILE — (Continued) |
| # | Enel Chile SA (ENIC <br> US), ADR<br>| 24772 | $95372 |
|  | Engie Energia Chile <br> SA<br>| 2079222 | 2995349 |
|  | Falabella SA | 443058 | 2789924 |
|  | Forus SA | 455509 | 1053135 |
|  | Instituto de <br> Diagnostico SA<br>| 4784 | 13794 |
|  | Inversiones Aguas <br> Metropolitanas SA<br>| 2995482 | 3020676 |
|  | Inversiones La <br> Construccion SA<br>| 231285 | 3681318 |
|  | Latam Airlines Group <br> SA<br>| 34221452 | 777741 |
| # | Latam Airlines Group <br> SA, ADR<br>| 965 | 43415 |
| \* | Masisa SA | 3525317 | 59839 |
|  | Molibdenos y Metales <br> SA<br>| 84693 | 477037 |
| \* | Multiexport Foods SA | 3567240 | 988780 |
|  | Parque Arauco SA | 3253289 | 9070217 |
|  | PAZ Corp. SA | 1378694 | 1097729 |
|  | Plaza SA | 851661 | 2396556 |
|  | Ripley Corp. SA | 6301473 | 3061848 |
|  | Salfacorp SA | 3415445 | 3751353 |
|  | Sigdo Koppers SA | 1861026 | 2707471 |
|  | SMU SA | 14972693 | 2434680 |
|  | Sociedad Matriz <br> SAAM SA<br>| 25942048 | 3435006 |
| #\* | Sociedad Quimica y <br> Minera de Chile SA, <br> Sponsored ADR<br>| 206713 | 10126870 |
| \* | Socovesa SA | 1574885 | 260120 |
|  | SONDA SA | 3879456 | 1407122 |
|  | Vina Concha y Toro <br> SA<br>| 2992642 | 3263155 |
| TOTAL CHILE | TOTAL CHILE |  | 141293145 |
| CHINA — (26.8%) | CHINA — (26.8%) | CHINA — (26.8%) | CHINA — (26.8%) |
|  | 263 Network <br> Communications <br> Co. Ltd., Class A<br>| 250700 | 225874 |
|  | 360 Security <br> Technology, Inc., <br> Class A<br>| 284634 | 479043 |
| # | 361 Degrees <br> International Ltd.<br>| 7709000 | 5830718 |
|  | 37 Interactive <br> Entertainment <br> Network Technology <br> Group Co. Ltd., <br> Class A<br>| 363334 | 1060831 |
| \* | 3D Medicines, Inc. | 11500 | 9368 |

---

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Ω | 3SBio, Inc. | 13806500 | $54931233 |
|  | 5I5J Holding Group <br> Co. Ltd., Class A<br>| 2454800 | 990705 |
|  | AAC Technologies <br> Holdings, Inc.<br>| 5947000 | 30569917 |
|  | ABA Chemicals Corp., <br> Class A<br>| 55100 | 56251 |
|  | Accelink Technologies <br> Co. Ltd., Class A<br>| 70235 | 620615 |
| \* | ADAMA Ltd., Class A | 264600 | 238993 |
| \* | Addsino Co. Ltd., <br> Class A<br>| 335800 | 395159 |
|  | Advanced Fiber <br> Resources Zhuhai <br> Ltd., Class A<br>| 8200 | 120534 |
|  | Advanced <br> Micro-Fabrication <br> Equipment, Inc. <br> China, Class A<br>| 4480 | 176007 |
|  | Advanced Technology <br> & Materials Co. <br> Ltd., Class A<br>| 528400 | 1578265 |
| \* | AECC Aero Science & <br> Technology Co. <br> Ltd., Class A<br>| 170400 | 642780 |
|  | AECC Aero-Engine <br> Control Co. Ltd., <br> Class A<br>| 366687 | 967551 |
|  | AECC Aviation Power <br> Co. Ltd., Class A<br>| 103572 | 569038 |
| \* | Aerospace Hi-Tech <br> Holdings Group <br> Ltd., Class A<br>| 408711 | 1095396 |
|  | Aerospace Intelligent <br> Manufacturing <br> Technology Co. <br> Ltd., Class A<br>| 289500 | 813981 |
| \* | Agile Group Holdings <br> Ltd.<br>| 11990465 | 646313 |
| \* | Agora, Inc., ADR | 135553 | 481213 |
|  | Agricultural Bank of <br> China Ltd., Class H<br>| 65020460 | 49602615 |
|  | Aier Eye Hospital <br> Group Co. Ltd., <br> Class A<br>| 1153434 | 1984933 |
| \* | AIM Vaccine Co. Ltd., <br> Class H<br>| 119800 | 60310 |
| \*Ω | AInnovation <br> Technology Group <br> Co. Ltd., Class H<br>| 663600 | 572294 |
| #\* | Air China Ltd., <br> Class H<br>| 6994000 | 5139474 |
|  | Aisino Corp., Class A | 481400 | 562558 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Ajisen China Holdings <br> Ltd.<br>| 4211000 | $530666 |
| #Ω | AK Medical Holdings <br> Ltd.<br>| 2614000 | 1976887 |
| \*Ω | Akeso, Inc. | 198000 | 2883056 |
|  | Alibaba Group Holding <br> Ltd. (9988 HK)<br>| 23663867 | 503537163 |
| # | Alibaba Group Holding <br> Ltd. (BABA US), <br> Sponsored ADR<br>| 697227 | 118828398 |
| \* | Alibaba Health <br> Information <br> Technology Ltd.<br>| 1732000 | 1291875 |
| #Ω | A-Living Smart City <br> Services Co. Ltd., <br> Class H<br>| 4256250 | 1354104 |
|  | All Winner Technology <br> Co. Ltd., Class A<br>| 40830 | 262880 |
|  | Allmed Medical <br> Products Co. Ltd., <br> Class A<br>| 350800 | 537131 |
| \* | Alpha Group, Class A | 173700 | 211947 |
| \*Ω | Alphamab Oncology | 72000 | 106569 |
| # | Aluminum Corp. of <br> China Ltd., Class H<br>| 22100000 | 28100550 |
| \* | Amlogic Shanghai Co. <br> Ltd., Class A<br>| 36622 | 442642 |
|  | Amoy Diagnostics Co. <br> Ltd., Class A<br>| 199606 | 640744 |
|  | Amrita Global <br> Development Ltd.<br>| 1972000 | 152267 |
|  | An Hui Wenergy Co. <br> Ltd., Class A<br>| 414139 | 476695 |
|  | Andon Health Co. <br> Ltd., Class A<br>| 96200 | 547942 |
|  | ANE Cayman, Inc. | 1839500 | 2716191 |
| #\* | Angang Steel Co. <br> Ltd., Class H<br>| 11033908 | 2880882 |
|  | Angel Yeast Co. Ltd., <br> Class A<br>| 190400 | 1039117 |
| #Ω | Angelalign <br> Technology, Inc.<br>| 64600 | 530257 |
|  | Anhui Anfu Battery <br> Technology Co. <br> Ltd., Class A<br>| 106562 | 603619 |
|  | Anhui Anke <br> Biotechnology <br> Group Co. Ltd., <br> Class A<br>| 401600 | 614726 |
| # | Anhui Conch Cement <br> Co. Ltd., Class H<br>| 3256500 | 9709134 |

---

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Anhui Construction <br> Engineering Group <br> Co. Ltd., Class A<br>| 729216 | $485839 |
| # | Anhui Expressway Co. <br> Ltd., Class H<br>| 2510000 | 3985038 |
| \* | Anhui Golden Seed <br> Winery Co. Ltd., <br> Class A<br>| 153700 | 224489 |
|  | Anhui Guangxin <br> Agrochemical Co. <br> Ltd., Class A<br>| 517572 | 852786 |
|  | Anhui Gujing Distillery <br> Co. Ltd., Class A<br>| 75502 | 1709298 |
| \* | Anhui Guofeng New <br> Materials Co. Ltd., <br> Class A<br>| 90900 | 81350 |
|  | Anhui Heli Co. Ltd., <br> Class A<br>| 408400 | 1196160 |
|  | Anhui Hengyuan Coal <br> Industry & <br> Electricity Power <br> Co. Ltd., Class A<br>| 1008957 | 1015251 |
|  | Anhui Honglu Steel <br> Construction Group <br> Co. Ltd., Class A<br>| 317195 | 807323 |
|  | Anhui Huilong <br> Agricultural Means <br> of Production Co. <br> Ltd., Class A<br>| 548700 | 444701 |
| \* | Anhui Jianghuai <br> Automobile Group <br> Corp. Ltd., Class A<br>| 89100 | 639475 |
|  | Anhui Jiangnan <br> Chemical Industry <br> Co. Ltd., Class A<br>| 1286280 | 1159442 |
|  | Anhui Jinhe Industrial <br> Co. Ltd., Class A<br>| 324082 | 914823 |
|  | Anhui Kouzi Distillery <br> Co. Ltd., Class A<br>| 180428 | 822045 |
| \* | Anhui Tatfook <br> Technology Co. <br> Ltd., Class A<br>| 465600 | 759036 |
|  | Anhui Transport <br> Consulting & <br> Design Institute Co. <br> Ltd., Class A<br>| 495948 | 594891 |
| \* | Anhui Truchum <br> Advanced Materials <br> & Technology Co. <br> Ltd., Class A<br>| 606400 | 1136425 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Anhui XDLK <br> Microsystem Corp. <br> Ltd., Class A<br>| 18126 | $164035 |
|  | Anhui Xinbo Aluminum <br> Co. Ltd., Class A<br>| 106540 | 254897 |
|  | Anhui Xinhua Media <br> Co. Ltd., Class A<br>| 838600 | 789705 |
|  | Anhui Yingjia Distillery <br> Co. Ltd., Class A<br>| 151821 | 904366 |
|  | Anhui Yingliu <br> Electromechanical <br> Co. Ltd., Class A<br>| 175720 | 985029 |
|  | Anhui Zhongding <br> Sealing Parts Co. <br> Ltd., Class A<br>| 911000 | 2935846 |
|  | Anji Microelectronics <br> Technology <br> Shanghai Co. Ltd., <br> Class A<br>| 64897 | 1796143 |
|  | Anjoy Foods Group <br> Co. Ltd., Class A<br>| 88034 | 914317 |
|  | Anker Innovations <br> Technology Co. <br> Ltd., Class A<br>| 91130 | 1498739 |
|  | ANTA Sports Products <br> Ltd.<br>| 5154400 | 53802289 |
|  | Anton Oilfield Services <br> Group<br>| 21156000 | 2861262 |
| \* | Anyang Iron & Steel, <br> Inc., Class A<br>| 424900 | 151233 |
|  | Aoshikang Technology <br> Co. Ltd., Class A<br>| 176500 | 959124 |
|  | Aotecar New Energy <br> Technology Group <br> Co. Ltd., Class A<br>| 1694100 | 757779 |
| \* | Aowei Holdings Ltd. | 187000 | 5991 |
|  | Apeloa <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 412000 | 900065 |
| \* | ApicHope <br> Pharmaceutical <br> Group Co. Ltd.<br>| 146890 | 1155420 |
|  | Appotronics Corp. <br> Ltd., Class A<br>| 180873 | 458372 |
|  | APT Medical, Inc., <br> Class A<br>| 24684 | 958104 |
|  | APT Satellite Holdings <br> Ltd.<br>| 2410000 | 658160 |
| \*Ω | Archosaur Games, <br> Inc.<br>| 38000 | 9888 |
|  | Arcsoft Corp. Ltd., <br> Class A<br>| 14806 | 111430 |

---

500

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Arctech Solar Holding <br> Co. Ltd., Class A<br>| 136268 | $820603 |
| \*Ω | Arrail Group Ltd. | 279000 | 67791 |
| #\*Ω | Ascletis Pharma, Inc. | 929000 | 1153280 |
| \* | Asia - Potash <br> International <br> Investment <br> Guangzhou Co. <br> Ltd., Class A<br>| 246500 | 1446773 |
| \* | Asia Cement China <br> Holdings Corp.<br>| 3848000 | 1262392 |
| #Ω | AsiaInfo Technologies <br> Ltd.<br>| 1446800 | 1680695 |
|  | Asian Star Anchor <br> Chain Co. Ltd. <br> Jiangsu, Class A<br>| 429000 | 622498 |
| \* | ASR Microelectronics <br> Co. Ltd., Class A<br>| 7025 | 92250 |
|  | Asymchem <br> Laboratories Tianjin <br> Co. Ltd., Class A<br>| 42960 | 592292 |
|  | Aurisco <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 107900 | 352517 |
|  | Autel Intelligent <br> Technology Corp. <br> Ltd., Class A<br>| 131948 | 714843 |
|  | Autobio Diagnostics <br> Co. Ltd., Class A<br>| 70755 | 382375 |
|  | Autohome, Inc., ADR | 24838 | 625918 |
|  | Avary Holding <br> Shenzhen Co. Ltd., <br> Class A<br>| 478631 | 3528063 |
|  | AviChina Industry & <br> Technology Co. <br> Ltd., Class H<br>| 18890212 | 9622574 |
|  | Avicopter PLC, <br> Class A<br>| 143400 | 726590 |
|  | Bafang Electric <br> Suzhou Co. Ltd., <br> Class A<br>| 103527 | 407146 |
| \* | BAIC BluePark New <br> Energy Technology <br> Co. Ltd., Class A<br>| 44500 | 52237 |
| \*Ω | BAIC Motor Corp. <br> Ltd., Class H<br>| 17726500 | 4583716 |
| \* | Baidu, Inc. (9888 HK), <br> Class A<br>| 2685950 | 40655151 |
| #\* | Baidu, Inc. (BIDU US), <br> Sponsored ADR<br>| 317226 | 38343107 |
|  | Baimtec Material Co. <br> Ltd., Class A<br>| 35407 | 266819 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Ω | BAIOO Family <br> Interactive Ltd.<br>| 8732000 | $584677 |
| \*Ω | Bairong, Inc. | 760500 | 962930 |
|  | Baiyin Nonferrous <br> Group Co. Ltd., <br> Class A<br>| 1710100 | 1272158 |
|  | Bank of Beijing Co. <br> Ltd., Class A<br>| 3303908 | 2596802 |
|  | Bank of Changsha <br> Co. Ltd., Class A<br>| 1177447 | 1584551 |
|  | Bank of Chengdu Co. <br> Ltd., Class A<br>| 1314600 | 3107240 |
|  | Bank of China Ltd., <br> Class H<br>| 175981702 | 99648463 |
|  | Bank of Chongqing <br> Co. Ltd., Class H<br>| 4748500 | 4900550 |
|  | Bank of <br> Communications <br> Co. Ltd., Class H<br>| 18192618 | 16160504 |
| \* | Bank of Gansu Co. <br> Ltd., Class H<br>| 858000 | 27405 |
|  | Bank of Guiyang Co. <br> Ltd., Class A<br>| 1027200 | 878166 |
|  | Bank of Hangzhou <br> Co. Ltd., Class A<br>| 1007359 | 2223253 |
|  | Bank of Jiangsu Co. <br> Ltd., Class A<br>| 4424360 | 6709280 |
|  | Bank of Nanjing Co. <br> Ltd., Class A<br>| 2535196 | 4032469 |
|  | Bank of Ningbo Co. <br> Ltd., Class A<br>| 1555049 | 6198317 |
| Ω | Bank of Qingdao Co. <br> Ltd., Class H<br>| 1536500 | 849468 |
|  | Bank of Shanghai Co. <br> Ltd., Class A<br>| 2128012 | 2840262 |
|  | Bank of Suzhou Co. <br> Ltd., Class A<br>| 1134859 | 1319328 |
|  | Bank of Tianjin Co. <br> Ltd., Class H<br>| 258500 | 84506 |
|  | Bank of Xi'an Co. Ltd., <br> Class A<br>| 1355569 | 741073 |
| Ω | Bank of Zhengzhou <br> Co. Ltd., Class H<br>| 154000 | 25375 |
| \* | Baoding Tianwei <br> Baobian Electric <br> Co. Ltd., Class A<br>| 344807 | 410621 |
|  | Baoji Titanium <br> Industry Co. Ltd., <br> Class A<br>| 105000 | 473076 |
|  | Baoshan Iron & Steel <br> Co. Ltd., Class A<br>| 4977937 | 5159362 |

---

501

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Baosheng Science & <br> Technology <br> Innovation Co. Ltd., <br> Class A<br>| 939200 | $700931 |
| \* | Baotailong New <br> Materials Co. Ltd., <br> Class A<br>| 582200 | 311293 |
|  | Baowu Magnesium <br> Technology Co. <br> Ltd., Class A<br>| 580463 | 1168169 |
|  | Baoxiniao Holding Co. <br> Ltd., Class A<br>| 1033152 | 570655 |
|  | Baoye Group Co. Ltd., <br> Class H<br>| 1540440 | 824361 |
| \* | Baozun, Inc. (9991 <br> HK), Class A<br>| 21000 | 23417 |
| \* | Baozun, Inc. (BZUN <br> US), Sponsored <br> ADR<br>| 314949 | 1033033 |
| \* | BaTeLab Co. Ltd., <br> Class H<br>| 22600 | 155191 |
| # | BBMG Corp., Class H | 17541404 | 1850458 |
|  | BBMG Jidong Cement <br> Group Co. Ltd., <br> Class A<br>| 1515707 | 1026856 |
| #\* | Be Friends Holding <br> Ltd.<br>| 2038000 | 298995 |
|  | Bear Electric <br> Appliance Co. Ltd., <br> Class A<br>| 83396 | 565147 |
|  | Beauty Farm Medical <br> & Health Industry, <br> Inc.<br>| 49500 | 196229 |
|  | Befar Group Co. Ltd., <br> Class A<br>| 1117900 | 678975 |
|  | Beibuwan Port Co. <br> Ltd., Class A<br>| 810445 | 998036 |
|  | Beijing Aosaikang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 25500 | 69840 |
|  | Beijing Balance <br> Medical Technology <br> Co. Ltd., Class A<br>| 14219 | 228878 |
| \* | Beijing BDStar <br> Navigation Co. Ltd., <br> Class A<br>| 41700 | 176552 |
|  | Beijing Bei Mo Gao <br> Ke Friction Material <br> Co. Ltd., Class A<br>| 78862 | 330368 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Beijing Bohui <br> Innovation <br> Biotechnology <br> Group Co. Ltd., <br> Class A<br>| 155900 | $126323 |
| \* | Beijing Capital <br> Development Co. <br> Ltd., Class A<br>| 1438000 | 1242035 |
|  | Beijing Capital <br> Eco-Environment <br> Protection Group <br> Co. Ltd., Class A<br>| 4216630 | 1890941 |
| #\* | Beijing Capital <br> International Airport <br> Co. Ltd., Class H<br>| 13942000 | 5004119 |
|  | Beijing Changjiu <br> Logistics Corp., <br> Class A<br>| 282200 | 326867 |
| # | Beijing Chunlizhengda <br> Medical Instruments <br> Co. Ltd., Class H<br>| 418000 | 1020025 |
| \* | Beijing Compass <br> Technology <br> Development Co. <br> Ltd., Class A<br>| 13882 | 282157 |
|  | Beijing Dabeinong <br> Technology Group <br> Co. Ltd., Class A<br>| 639200 | 369972 |
|  | Beijing Dahao <br> Technology Corp. <br> Ltd., Class A<br>| 184980 | 497710 |
|  | Beijing Easpring <br> Material Technology <br> Co. Ltd., Class A<br>| 151000 | 1465129 |
| \* | Beijing eGOVA Co. <br> Ltd., Class A<br>| 129900 | 298676 |
| \* | Beijing E-Hualu <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 26000 | 74544 |
|  | Beijing Energy <br> International <br> Holding Co. Ltd.<br>| 2342000 | 370550 |
|  | Beijing Enterprises <br> Holdings Ltd.<br>| 3781028 | 16590684 |
| # | Beijing Enterprises <br> Water Group Ltd.<br>| 29236469 | 9396892 |
|  | Beijing Fengjing <br> Automotive Parts <br> Co. Ltd.<br>| 1118700 | 601136 |

---

502

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Beijing Gehua CATV <br> Network Co. Ltd., <br> Class A<br>| 1093000 | $1236045 |
|  | Beijing GeoEnviron <br> Engineering & <br> Technology, Inc., <br> Class A<br>| 960228 | 1018400 |
| \* | Beijing Haixin Energy <br> Technology Co. <br> Ltd., Class A<br>| 1306256 | 750847 |
|  | Beijing Haohua <br> Energy Resource <br> Co. Ltd., Class A<br>| 1196720 | 1298576 |
| \* | Beijing Health <br> Holdings Ltd.<br>| 13284000 | 129812 |
|  | Beijing Huafeng Test <br> & Control <br> Technology Co. <br> Ltd., Class A<br>| 18987 | 534044 |
|  | Beijing Jetsen <br> Technology Co. <br> Ltd., Class A<br>| 1474891 | 1374228 |
|  | Beijing Jingneng <br> Clean Energy Co. <br> Ltd., Class H<br>| 7352000 | 2345886 |
|  | Beijing Jingyeda <br> Technology Co. <br> Ltd., Class A<br>| 66390 | 202152 |
| \* | Beijing Jingyuntong <br> Technology Co. <br> Ltd., Class A<br>| 1246970 | 718628 |
|  | Beijing Kingsoft Office <br> Software, Inc., <br> Class A<br>| 6724 | 339345 |
| \* | Beijing Leike Defense <br> Technology Co. <br> Ltd., Class A<br>| 613000 | 474801 |
|  | Beijing New Building <br> Materials PLC, <br> Class A<br>| 385379 | 1287729 |
| \* | Beijing North Star Co. <br> Ltd., Class H<br>| 4896000 | 547768 |
|  | Beijing Oriental <br> Jicheng Co. Ltd., <br> Class A<br>| 83200 | 348028 |
|  | Beijing Originwater <br> Technology Co. <br> Ltd., Class A<br>| 716573 | 439299 |
| \* | Beijing Philisense <br> Technology Co. <br> Ltd., Class A<br>| 709200 | 559383 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Beijing Roborock <br> Technology Co. <br> Ltd., Class A<br>| 43978 | $1009850 |
|  | Beijing Sanlian Hope <br> Shin-Gosen <br> Technical Service <br> Co. Ltd., Class A<br>| 167814 | 392118 |
|  | Beijing Sanyuan <br> Foods Co. Ltd., <br> Class A<br>| 977900 | 665628 |
| \* | Beijing Science Sun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 22886 | 40037 |
|  | Beijing Shiji <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 165909 | 230301 |
|  | Beijing Shougang Co. <br> Ltd., Class A<br>| 1391400 | 821746 |
|  | Beijing Shunxin <br> Agriculture Co. Ltd., <br> Class A<br>| 363200 | 800138 |
|  | Beijing Sifang <br> Automation Co. <br> Ltd., Class A<br>| 137800 | 545383 |
|  | Beijing Sinnet <br> Technology Co. <br> Ltd., Class A<br>| 563510 | 1080167 |
| \* | Beijing Sinohytec Co. <br> Ltd., Class H<br>| 59740 | 226057 |
|  | Beijing SL <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 576065 | 610979 |
| \* | Beijing Sojo Electric <br> Co. Ltd., Class A<br>| 131300 | 141882 |
| \* | Beijing SPC <br> Environment <br> Protection Tech Co. <br> Ltd., Class A<br>| 984245 | 553444 |
|  | Beijing Strong <br> Biotechnologies, <br> Inc., Class A<br>| 358705 | 688911 |
| \* | Beijing SuperMap <br> Software Co. Ltd., <br> Class A<br>| 150100 | 366150 |
|  | Beijing Teamsun <br> Technology Co. <br> Ltd., Class A<br>| 489880 | 1316817 |
| \* | Beijing Thunisoft <br> Corp. Ltd., Class A<br>| 495900 | 558425 |

---

503

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Beijing Tiantan <br> Biological Products <br> Corp. Ltd., Class A<br>| 278844 | $722163 |
| # | Beijing Tong Ren Tang <br> Chinese Medicine <br> Co. Ltd.<br>| 1825000 | 2025730 |
|  | Beijing Tong Ren Tang <br> Co. Ltd., Class A<br>| 161472 | 769053 |
|  | Beijing Tricolor <br> Technology Co. <br> Ltd., Class A<br>| 92100 | 2230711 |
| #\* | Beijing UBOX Online <br> Technology Corp., <br> Class H<br>| 71000 | 26792 |
|  | Beijing Ultrapower <br> Software Co. Ltd., <br> Class A<br>| 652700 | 1115968 |
|  | Beijing United <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 334774 | 1337168 |
| Ω | Beijing Urban <br> Construction Design <br> & Development <br> Group Co. Ltd., <br> Class H<br>| 1744000 | 322803 |
|  | Beijing Wandong <br> Medical Technology <br> Co. Ltd., Class A<br>| 113000 | 252196 |
| \* | Beijing Wantai <br> Biological Pharmacy <br> Enterprise Co. Ltd., <br> Class A<br>| 20598 | 163382 |
| \* | Beijing Watertek <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 862743 | 744588 |
|  | Beijing Yanjing <br> Brewery Co. Ltd., <br> Class A<br>| 768500 | 1270090 |
|  | Beijing Yuanliu <br> Hongyuan <br> Electronic <br> Technology Co. <br> Ltd., Class A<br>| 90507 | 641318 |
|  | Beijing Zhong Ke San <br> Huan High-Tech Co. <br> Ltd., Class A<br>| 451405 | 882920 |
|  | Beijing-Shanghai High <br> Speed Railway Co. <br> Ltd., Class A<br>| 6539352 | 4768593 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Beiqi Foton Motor Co. <br> Ltd., Class A<br>| 3112600 | $1313127 |
| \* | Beken Corp., Class A | 12400 | 66840 |
| \* | Bengang Steel Plates <br> Co. Ltd., Class A<br>| 657918 | 330157 |
| \* | BeOne Medicines <br> Ltd., Class H<br>| 243900 | 5863917 |
| \* | BeOne Medicines Ltd. <br> (BGNE US), ADR<br>| 9891 | 3070958 |
|  | Best Pacific <br> International <br> Holdings Ltd.<br>| 1492000 | 629022 |
|  | Bestore Co. Ltd., <br> Class A<br>| 227252 | 395916 |
| \* | Bestway Marine & <br> Energy Technology <br> Co. Ltd., Class A<br>| 839200 | 796330 |
|  | Bethel Automotive <br> Safety Systems Co. <br> Ltd., Class A<br>| 155600 | 1098424 |
|  | Betta Pharmaceuticals <br> Co. Ltd., Class A<br>| 58656 | 468907 |
| \* | Better Life <br> Commercial Chain <br> Share Co. Ltd., <br> Class A<br>| 634700 | 468399 |
|  | Beyondsoft Corp., <br> Class A<br>| 261600 | 501623 |
| \* | BGI Genomics Co. <br> Ltd., Class A<br>| 91500 | 632034 |
|  | Bichamp Cutting <br> Technology Hunan <br> Co. Ltd., Class A<br>| 21700 | 61100 |
|  | Biem.L.Fdlkk Garment <br> Co. Ltd., Class A<br>| 424400 | 953564 |
| \* | Bilibili, Inc., Class Z | 335980 | 10147598 |
|  | Binhai Investment Co. <br> Ltd.<br>| 1401053 | 197653 |
| # | Binjiang Service <br> Group Co. Ltd.<br>| 414500 | 1313938 |
| \* | Biocytogen <br> Pharmaceuticals <br> Beijing Co. Ltd., <br> Class H<br>| 35000 | 126491 |
| \* | Biwin Storage <br> Technology Co. <br> Ltd., Class A<br>| 22622 | 416426 |
|  | Black Peony Group <br> Co. Ltd., Class A<br>| 586282 | 704915 |
|  | Bloomage <br> Biotechnology Corp. <br> Ltd. (688363 C1), <br> Class A<br>| 36370 | 275891 |

---

504

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| #Ω | Blue Moon Group <br> Holdings Ltd.<br>| 2196000 | $839595 |
| \* | Blue Sail Medical Co. <br> Ltd., Class A<br>| 562828 | 434959 |
| \* | Bluefocus Intelligent <br> Communications <br> Group Co. Ltd., <br> Class A<br>| 364720 | 376725 |
|  | Bluestar Adisseo Co., <br> Class A<br>| 341100 | 451073 |
| Ω | BOC Aviation Ltd. | 1428500 | 12521788 |
|  | BOC International <br> China Co. Ltd., <br> Class A<br>| 334200 | 660799 |
| \* | BOE HC SemiTek <br> Corp.<br>| 611800 | 684978 |
|  | BOE Technology <br> Group Co. Ltd., <br> Class A<br>| 9193679 | 5247941 |
| # | BOE Varitronix Ltd. | 2312000 | 1481130 |
| \* | Bohai Leasing Co. <br> Ltd., Class A<br>| 1919585 | 964384 |
| \* | Bomin Electronics Co. <br> Ltd., Class A<br>| 355000 | 592136 |
|  | Bosideng International <br> Holdings Ltd.<br>| 25328157 | 15498646 |
|  | BOTH Engineering <br> Technology Co. <br> Ltd., Class A<br>| 273000 | 478316 |
| # | Boyaa Interactive <br> International Ltd.<br>| 1079000 | 740473 |
|  | Bright Dairy & Food <br> Co. Ltd., Class A<br>| 888369 | 1044010 |
| \* | Brii Biosciences Ltd. | 186500 | 43676 |
| # | Brilliance China <br> Automotive <br> Holdings Ltd.<br>| 20104000 | 9891855 |
|  | Bros Eastern Co. Ltd., <br> Class A<br>| 750400 | 563540 |
| \* | B-Soft Co. Ltd., <br> Class A<br>| 636815 | 425369 |
|  | BTG Hotels Group <br> Co. Ltd., Class A<br>| 517771 | 1057590 |
| \* | Burning Rock Biotech <br> Ltd., ADR<br>| 1360 | 17558 |
| \* | Business-intelligence <br> of Oriental Nations <br> Corp. Ltd., Class A<br>| 583055 | 865690 |
|  | BYD Co. Ltd., <br> Class H<br>| 6044400 | 78093549 |
| # | BYD Electronic <br> International Co. <br> Ltd.<br>| 5858222 | 27502155 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | By-health Co. Ltd., <br> Class A<br>| 348629 | $614916 |
| \* | C C Land Holdings <br> Ltd.<br>| 13761530 | 2107129 |
|  | C&D International <br> Investment Group <br> Ltd.<br>| 4422325 | 9083245 |
|  | C&D Property <br> Management Group <br> Co. Ltd.<br>| 1786000 | 666138 |
|  | C&S Paper Co. Ltd., <br> Class A<br>| 624190 | 699088 |
|  | Caitong Securities Co. <br> Ltd., Class A<br>| 777690 | 940299 |
| \*Ω | CALB Group Co. Ltd., <br> Class H<br>| 242100 | 1043550 |
|  | Camel Group Co. Ltd., <br> Class A<br>| 968500 | 1388938 |
|  | Cangzhou Mingzhu <br> Plastic Co. Ltd., <br> Class A<br>| 981068 | 643080 |
|  | Canmax Technologies <br> Co. Ltd., Class A<br>| 285780 | 1221070 |
|  | Canny Elevator Co. <br> Ltd., Class A<br>| 538800 | 555919 |
| \*Ω | CanSino Biologics, <br> Inc., Class H<br>| 47800 | 284202 |
| \* | Capital Environment <br> Holdings Ltd.<br>| 15292000 | 167155 |
|  | Carpenter Tan <br> Holdings Ltd.<br>| 13000 | 13037 |
|  | Castech, Inc., <br> Class A<br>| 179157 | 1166802 |
|  | Cathay Biotech, Inc., <br> Class A<br>| 46659 | 333285 |
| Ω | Cathay Group <br> Holdings, Inc.<br>| 800000 | 141676 |
|  | CCCC Design & <br> Consulting Group <br> Co. Ltd., Class A<br>| 624800 | 673377 |
|  | CCS Supply Chain <br> Management Co. <br> Ltd., Class A<br>| 615600 | 412980 |
| \*†† | CECEP COSTIN New <br> Materials Group <br> Ltd.<br>| 2583000 | 0 |
|  | CECEP Solar Energy <br> Co. Ltd., Class A<br>| 1393500 | 912804 |
|  | CECEP Wind-Power <br> Corp., Class A<br>| 2027790 | 880887 |
|  | Center International <br> Group Co. Ltd., <br> Class A<br>| 235500 | 496257 |

---

505

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Central China Land <br> Media Co. Ltd., <br> Class A<br>| 647403 | $1100401 |
| \*†† | Central China <br> Management Co. <br> Ltd.<br>| 6510074 | 16756 |
|  | Central China New <br> Life Ltd.<br>| 2033000 | 240123 |
| # | Central China <br> Securities Co. Ltd., <br> Class H<br>| 6542000 | 2170005 |
| \* | CETC Chips <br> Technology, Inc., <br> Class A<br>| 132200 | 248429 |
|  | CETC Cyberspace <br> Security Technology <br> Co. Ltd., Class A<br>| 104700 | 269130 |
|  | CETC Digital <br> Technology Co. <br> Ltd., Class A<br>| 138905 | 531559 |
|  | CETC Potevio <br> Science&Technology <br> Co. Ltd., Class A<br>| 52300 | 184635 |
| # | CGN Mining Co. Ltd. | 4495000 | 2262370 |
|  | CGN New Energy <br> Holdings Co. Ltd.<br>| 13598000 | 4812422 |
| \* | CGN Nuclear <br> Technology <br> Development Co. <br> Ltd., Class A<br>| 518900 | 590103 |
| Ω | CGN Power Co. Ltd., <br> Class H<br>| 24536000 | 9720955 |
|  | Changbai Mountain <br> Tourism Co. Ltd., <br> Class A<br>| 396900 | 2928945 |
|  | Changchun Faway <br> Automobile <br> Components Co. <br> Ltd., Class A<br>| 516810 | 684324 |
|  | Changchun High-Tech <br> Industry Group Co. <br> Ltd., Class A<br>| 54518 | 860581 |
|  | Changchun UP <br> Optotech Co. Ltd., <br> Class A<br>| 63500 | 474462 |
|  | Changhong Meiling <br> Co. Ltd., Class A<br>| 751700 | 734583 |
|  | Changjiang & <br> Jinggong Steel <br> Building Group Co. <br> Ltd., Class A<br>| 715725 | 428518 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Changjiang Publishing <br> & Media Co. Ltd., <br> Class A<br>| 1061200 | $1306358 |
|  | Changjiang Securities <br> Co. Ltd., Class A<br>| 1004899 | 1246201 |
|  | Changshu Fengfan <br> Power Equipment <br> Co. Ltd., Class A<br>| 526650 | 355337 |
| \* | ChangYuan <br> Technology Group <br> Ltd., Class A<br>| 433400 | 206786 |
|  | Changzheng <br> Engineering <br> Technology Co. <br> Ltd., Class A<br>| 303900 | 810749 |
|  | Changzhou Qianhong <br> Biopharma Co. Ltd., <br> Class A<br>| 651000 | 851332 |
|  | Changzhou Xingyu <br> Automotive Lighting <br> Systems Co. Ltd., <br> Class A<br>| 53720 | 979669 |
| \* | Chanjet Information <br> Technology Co. <br> Ltd., Class H<br>| 50100 | 57708 |
|  | Chaoju Eye Care <br> Holdings Ltd.<br>| 1013000 | 331162 |
|  | Chaowei Power <br> Holdings Ltd.<br>| 4282000 | 799579 |
|  | Chaozhou <br> Three-Circle Group <br> Co. Ltd., Class A<br>| 150173 | 1048144 |
| Ω | Cheerwin Group Ltd. | 1274500 | 370162 |
| \* | Chen Lin Education <br> Group Holdings <br> Ltd.<br>| 638000 | 131594 |
|  | Cheng De Lolo Co. <br> Ltd., Class A<br>| 708900 | 919698 |
| \* | Chengdu ALD Aviation <br> Manufacturing <br> Corp., Class A<br>| 49720 | 182961 |
|  | Chengdu B-Ray <br> Media Co. Ltd., <br> Class A<br>| 646600 | 456623 |
|  | Chengdu CORPRO <br> Technology Co. <br> Ltd., Class A<br>| 25100 | 81230 |
|  | Chengdu Fusen <br> Noble-House <br> Industrial Co. Ltd., <br> Class A<br>| 249430 | 398124 |

---

506

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Chengdu Galaxy <br> Magnets Co. Ltd., <br> Class A<br>| 60900 | $295352 |
|  | Chengdu Guibao <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 187200 | 589633 |
|  | Chengdu Haoneng <br> Technology Co. <br> Ltd., Class A<br>| 158191 | 302411 |
|  | Chengdu Hi-tech <br> Development Co. <br> Ltd., Class A<br>| 59400 | 417965 |
|  | Chengdu Hongqi <br> Chain Co. Ltd., <br> Class A<br>| 1038600 | 803246 |
|  | Chengdu Kanghong <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 293841 | 1398017 |
|  | Chengdu Kanghua <br> Biological Products <br> Co. Ltd., Class A<br>| 84825 | 919554 |
|  | Chengdu Leejun <br> Industrial Co. Ltd., <br> Class A<br>| 511700 | 804328 |
|  | Chengdu Spaceon <br> Electronics Co. Ltd., <br> Class A<br>| 70548 | 174296 |
|  | Chengdu Wintrue <br> Holding Co. Ltd., <br> Class A<br>| 602800 | 884531 |
|  | Chengdu Xingrong <br> Environment Co. <br> Ltd., Class A<br>| 686192 | 681078 |
|  | Chengtun Mining <br> Group Co. Ltd., <br> Class A<br>| 520300 | 816600 |
|  | Chenguang Biotech <br> Group Co. Ltd., <br> Class A<br>| 240446 | 451920 |
| \* | Chengxin Lithium <br> Group Co. Ltd., <br> Class A<br>| 255000 | 913935 |
|  | Chengzhi Co. Ltd., <br> Class A<br>| 609800 | 656462 |
| # | Chervon Holdings <br> Ltd.<br>| 185500 | 481335 |
|  | Chifeng Jilong Gold <br> Mining Co. Ltd., <br> Class A<br>| 540200 | 2252492 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \*†† | Chiho Environmental <br> Group Ltd.<br>| 602000 | $12396 |
| \* | China Aerospace <br> International <br> Holdings Ltd.<br>| 12950600 | 948647 |
| \* | China Agriculture <br> Development Seed <br> Group Co. Ltd., <br> Class A<br>| 358400 | 323716 |
|  | China Aircraft Leasing <br> Group Holdings <br> Ltd.<br>| 1968477 | 1128716 |
| \* | China Anchu Energy <br> Storage Group Ltd.<br>| 1174000 | 71751 |
|  | China Animal <br> Husbandry Industry <br> Co. Ltd., Class A<br>| 599701 | 647848 |
|  | China Automotive <br> Engineering <br> Research Institute <br> Co. Ltd., Class A<br>| 415200 | 1022398 |
|  | China Baoan Group <br> Co. Ltd., Class A<br>| 719012 | 1158106 |
|  | China Bester Group <br> Telecom Co. Ltd., <br> Class A<br>| 40690 | 134373 |
|  | China BlueChemical <br> Ltd., Class H<br>| 13925122 | 4303080 |
| \*Ω | China Bohai Bank Co. <br> Ltd., Class H<br>| 8660500 | 1136205 |
| \* | China Boton Group <br> Co. Ltd.<br>| 172000 | 40244 |
|  | China CAMC <br> Engineering Co. <br> Ltd., Class A<br>| 670993 | 803004 |
|  | China Chengtong <br> Development Group <br> Ltd.<br>| 546000 | 8656 |
| # | China Chunlai <br> Education Group <br> Co. Ltd.<br>| 735000 | 412282 |
| # | China Cinda Asset <br> Management Co. <br> Ltd., Class H<br>| 74505000 | 12076856 |
|  | China CITIC Bank <br> Corp. Ltd., Class H<br>| 28167607 | 26874878 |
| # | China Coal Energy <br> Co. Ltd., Class H<br>| 11418168 | 16084131 |
|  | China Coal Xinji <br> Energy Co. Ltd., <br> Class A<br>| 1144300 | 1164658 |

---

507

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \*†† | China Common Rich <br> Renewable Energy <br> Investments Ltd.<br>| 37310000 | $0 |
|  | China <br> Communications <br> Services Corp. Ltd., <br> Class H<br>| 18417327 | 11037749 |
| \* | China Conch <br> Environment <br> Protection Holdings <br> Ltd.<br>| 10016000 | 745371 |
|  | China Conch Venture <br> Holdings Ltd.<br>| 10350500 | 12941605 |
|  | China Construction <br> Bank Corp., <br> Class H<br>| 186235302 | 184380558 |
|  | China CSSC Holdings <br> Ltd., Class A<br>| 181178 | 915183 |
|  | China CYTS Tours <br> Holding Co. Ltd., <br> Class A<br>| 514300 | 701243 |
|  | China Datang Corp. <br> Renewable Power <br> Co. Ltd., Class H<br>| 14456000 | 4427061 |
|  | China Design Group <br> Co. Ltd., Class A<br>| 677445 | 743846 |
| Ω | China Development <br> Bank Financial <br> Leasing Co. Ltd., <br> Class H<br>| 13818000 | 3037109 |
|  | China Dongxiang <br> Group Co. Ltd.<br>| 16851888 | 1085447 |
| #Ω | China East Education <br> Holdings Ltd.<br>| 4307500 | 3621504 |
| #\* | China Eastern Airlines <br> Corp. Ltd., Class H<br>| 7290000 | 3744075 |
| # | China Education <br> Group Holdings <br> Ltd.<br>| 8342012 | 3200943 |
|  | China Electronics <br> Huada Technology <br> Co. Ltd.<br>| 5610000 | 1067112 |
| \* | China Electronics <br> Optics Valley Union <br> Holding Co. Ltd.<br>| 6460000 | 200833 |
|  | China Energy <br> Engineering Corp. <br> Ltd. (3996 HK), <br> Class H<br>| 13748000 | 2050906 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Energy <br> Engineering Corp. <br> Ltd. (601868 C1), <br> Class A<br>| 7215075 | $2444373 |
| \* | China Enterprise Co. <br> Ltd., Class A<br>| 1069001 | 432716 |
|  | China Everbright Bank <br> Co. Ltd., Class H<br>| 7280000 | 2986599 |
| # | China Everbright <br> Environment Group <br> Ltd.<br>| 17391777 | 10760979 |
| Ω | China Everbright <br> Greentech Ltd.<br>| 1282000 | 154919 |
|  | China Everbright Ltd. | 6680896 | 8675119 |
| \* | China Express Airlines <br> Co. Ltd., Class A<br>| 627600 | 941781 |
| Ω | China Feihe Ltd. | 30579000 | 16320360 |
|  | China Film Group Co. <br> Ltd., Class A<br>| 386900 | 791874 |
| \* | China First Heavy <br> Industries Co. Ltd., <br> Class A<br>| 1603900 | 725958 |
|  | China Foods Ltd. | 8514000 | 4544765 |
|  | China Galaxy <br> Securities Co. Ltd., <br> Class H<br>| 13405000 | 19284472 |
| # | China Gas Holdings <br> Ltd.<br>| 20147348 | 20722466 |
| #\* | China Glass Holdings <br> Ltd.<br>| 3692000 | 219241 |
| # | China Gold <br> International <br> Resources Corp. <br> Ltd. (2099 HK)<br>| 1621900 | 27301347 |
|  | China Great Wall <br> Securities Co. Ltd., <br> Class A<br>| 583600 | 907384 |
| \* | China Greatwall <br> Technology Group <br> Co. Ltd., Class A<br>| 198200 | 471627 |
|  | China Green <br> Electricity <br> Investment of <br> Tianjin Co. Ltd., <br> Class A<br>| 665905 | 815127 |
|  | China Hainan Rubber <br> Industry Group Co. <br> Ltd., Class A<br>| 397500 | 315456 |
|  | China Haisum <br> Engineering Co. <br> Ltd., Class A<br>| 218000 | 322785 |
|  | China Hanking <br> Holdings Ltd.<br>| 4987000 | 2789122 |

---

508

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | China Harmony Auto <br> Holding Ltd.<br>| 5879000 | $946848 |
|  | China Harzone <br> Industry Corp. Ltd., <br> Class A<br>| 187900 | 219984 |
| \* | China High Speed <br> Railway Technology <br> Co. Ltd., Class A<br>| 1255792 | 508048 |
| #\* | China High Speed <br> Transmission <br> Equipment Group <br> Co. Ltd.<br>| 3938000 | 901950 |
| # | China Hongqiao <br> Group Ltd.<br>| 15098000 | 57323987 |
| #†† | China Huiyuan Juice <br> Group Ltd.<br>| 2951846 | 133185 |
| Ω | China International <br> Capital Corp. Ltd., <br> Class H<br>| 4155600 | 11305505 |
| # | China International <br> Marine Containers <br> Group Co. Ltd., <br> Class H<br>| 5619740 | 5136686 |
|  | China Isotope & <br> Radiation Corp., <br> Class H<br>| 314600 | 776462 |
| # | China Jinmao <br> Holdings Group <br> Ltd.<br>| 40555459 | 7008552 |
|  | China Jushi Co. Ltd., <br> Class A<br>| 858407 | 1977621 |
|  | China Kepei <br> Education Group <br> Ltd.<br>| 3464000 | 647375 |
|  | China Kings <br> Resources Group <br> Co. Ltd., Class A<br>| 189770 | 490270 |
|  | China Leadshine <br> Technology Co. <br> Ltd., Class A<br>| 119900 | 745190 |
|  | China Lesso Group <br> Holdings Ltd.<br>| 9480000 | 5424876 |
|  | China Life Insurance <br> Co. Ltd., Class H<br>| 5744000 | 18113650 |
| # | China Lilang Ltd. | 3609000 | 1564189 |
| \*Ω | China Literature Ltd. | 1809000 | 9745436 |
| \* | China Longevity <br> Group Co. Ltd.<br>| 893399 | 1150 |
|  | China Longyuan <br> Power Group Corp. <br> Ltd., Class H<br>| 7481000 | 6928202 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | China Maple Leaf <br> Educational <br> Systems Ltd.<br>| 12386000 | $613336 |
| # | China Medical System <br> Holdings Ltd.<br>| 9950800 | 17161245 |
|  | China Meheco Group <br> Co. Ltd., Class A<br>| 528901 | 838027 |
| # | China Meidong Auto <br> Holdings Ltd.<br>| 5014000 | 1140589 |
|  | China Mengniu Dairy <br> Co. Ltd.<br>| 16421000 | 29882131 |
|  | China Merchants <br> Bank Co. Ltd., <br> Class H<br>| 15816646 | 99147157 |
|  | China Merchants <br> Energy Shipping <br> Co. Ltd., Class A<br>| 2507196 | 3256641 |
|  | China Merchants <br> Expressway <br> Network & <br> Technology <br> Holdings Co. Ltd., <br> Class A<br>| 249300 | 359616 |
| \* | China Merchants Land <br> Ltd.<br>| 12962000 | 475198 |
|  | China Merchants Port <br> Holdings Co. Ltd.<br>| 9293122 | 17998523 |
|  | China Merchants <br> Property Operation <br> & Service Co. Ltd., <br> Class A<br>| 821900 | 1324251 |
| Ω | China Merchants <br> Securities Co. Ltd., <br> Class H<br>| 1170860 | 2350784 |
|  | China Merchants <br> Shekou Industrial <br> Zone Holdings Co. <br> Ltd., Class A<br>| 715204 | 949903 |
| #\*†† | China Metal Recycling <br> Holdings Ltd.<br>| 1955133 | 0 |
| # | China Minsheng <br> Banking Corp. Ltd., <br> Class H<br>| 15286460 | 7831470 |
| # | China Modern Dairy <br> Holdings Ltd.<br>| 23804000 | 3709148 |
|  | China National Accord <br> Medicines Corp. <br> Ltd., Class A<br>| 234829 | 839127 |
|  | China National <br> Building Material <br> Co. Ltd., Class H<br>| 17948616 | 12719425 |

---

509

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China National <br> Chemical <br> Engineering Co. <br> Ltd., Class A<br>| 1312300 | $1426106 |
|  | China National <br> Electric Apparatus <br> Research Institute <br> Co. Ltd., Class A<br>| 109955 | 497800 |
|  | China National Gold <br> Group Gold <br> Jewellery Co. Ltd., <br> Class A<br>| 679583 | 788690 |
|  | China National <br> Medicines Corp. <br> Ltd., Class A<br>| 246682 | 1033163 |
|  | China National <br> Nuclear Power Co. <br> Ltd., Class A<br>| 4248021 | 5362229 |
| \* | China National <br> Software & Service <br> Co. Ltd., Class A<br>| 18000 | 132312 |
| \*Ω | China New Higher <br> Education Group <br> Ltd.<br>| 9898457 | 1566852 |
|  | China Nonferrous <br> Metal Industry's <br> Foreign Engineering <br> & Construction Co. <br> Ltd., Class A<br>| 899800 | 844029 |
| # | China Nonferrous <br> Mining Corp. Ltd.<br>| 12502000 | 23059246 |
|  | China Northern Rare <br> Earth Group <br> High-Tech Co. Ltd., <br> Class A<br>| 289518 | 2067551 |
| \* | China Nuclear Energy <br> Technology Corp. <br> Ltd.<br>| 1000000 | 77114 |
| \* | China Oil & Gas <br> Group Ltd.<br>| 33760000 | 757248 |
|  | China Oilfield Services <br> Ltd., Class H<br>| 12854000 | 12548735 |
|  | China Oriental Group <br> Co. Ltd.<br>| 8182000 | 1380808 |
| # | China Overseas <br> Grand Oceans <br> Group Ltd.<br>| 12785450 | 3572254 |
|  | China Overseas Land <br> & Investment Ltd.<br>| 10547533 | 17700805 |
|  | China Overseas <br> Property Holdings <br> Ltd.<br>| 9261344 | 5780706 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Pacific <br> Insurance Group <br> Co. Ltd., Class H<br>| 9297465 | $37692396 |
|  | China Petroleum & <br> Chemical Corp., <br> Class H<br>| 76532400 | 40707903 |
|  | China Petroleum <br> Engineering Corp., <br> Class A<br>| 621600 | 311254 |
| # | China Power <br> International <br> Development Ltd.<br>| 22822600 | 9838778 |
| \*†† | China Properties <br> Investment Holdings <br> Ltd.<br>| 397000 | 0 |
|  | China Publishing & <br> Media Co. Ltd., <br> Class A<br>| 1384593 | 1333408 |
|  | China Qinfa Group <br> Ltd.<br>| 1232000 | 462609 |
|  | China Railway Group <br> Ltd., Class H<br>| 11382000 | 5773842 |
|  | China Railway Hi-tech <br> Industry Co. Ltd., <br> Class A<br>| 780700 | 922658 |
|  | China Railway <br> Materials Co. Ltd., <br> Class A<br>| 1513500 | 570017 |
| Ω | China Railway Signal <br> & Communication <br> Corp. Ltd., Class H<br>| 7179000 | 3149940 |
|  | China Railway Tielong <br> Container Logistics <br> Co. Ltd., Class A<br>| 1063200 | 965645 |
| \* | China Rare Earth <br> Holdings Ltd.<br>| 9802399 | 883037 |
| \* | China Rare Earth <br> Resources & <br> Technology Co. <br> Ltd., Class A<br>| 23500 | 174120 |
|  | China Reinsurance <br> Group Corp., <br> Class H<br>| 33539000 | 6811310 |
| \*Ω | China Renaissance <br> Holdings Ltd.<br>| 360100 | 268578 |
|  | China Resource & <br> Environment Co. <br> Ltd., Class A<br>| 1036600 | 626680 |
|  | China Resources Beer <br> Holdings Co. Ltd.<br>| 8577661 | 29340131 |

---

510

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Resources <br> Boya <br> Bio-pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 214800 | $762571 |
|  | China Resources <br> Building Materials <br> Technology <br> Holdings Ltd.<br>| 17968946 | 3907814 |
|  | China Resources <br> Double Crane <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 379554 | 1027302 |
|  | China Resources Gas <br> Group Ltd.<br>| 6707700 | 18444977 |
|  | China Resources <br> Land Ltd.<br>| 14481610 | 52321143 |
| # | China Resources <br> Medical Holdings <br> Co. Ltd.<br>| 7900000 | 3432551 |
|  | China Resources <br> Microelectronics <br> Ltd., Class A<br>| 48115 | 343252 |
| Ω | China Resources Mixc <br> Lifestyle Services <br> Ltd.<br>| 2217800 | 11603792 |
| #Ω | China Resources <br> Pharmaceutical <br> Group Ltd.<br>| 13015500 | 8340915 |
|  | China Resources <br> Power Holdings Co. <br> Ltd.<br>| 6312820 | 15095841 |
|  | China Resources <br> Sanjiu Medical & <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 418418 | 1696155 |
| # | China Risun Group <br> Ltd.<br>| 9003000 | 2709878 |
| \* | China Ruifeng <br> Renewable Energy <br> Holdings Ltd.<br>| 652400 | 60425 |
| \* | China Ruyi Holdings <br> Ltd.<br>| 24996000 | 8910006 |
| #\* | China Sanjiang Fine <br> Chemicals Co. Ltd.<br>| 6240000 | 1972846 |
|  | China Science <br> Publishing & Media <br> Ltd., Class A<br>| 73700 | 202235 |
| \* | China Shanshui <br> Cement Group Ltd.<br>| 80000 | 8201 |
| \*Ω | China Shengmu <br> Organic Milk Ltd.<br>| 6968000 | 310355 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | China Shenhua <br> Energy Co. Ltd., <br> Class H<br>| 11838000 | $61642623 |
| # | China Shineway <br> Pharmaceutical <br> Group Ltd.<br>| 2524000 | 2726357 |
| \* | China Silver Group <br> Ltd.<br>| 1270000 | 102642 |
|  | China South <br> Publishing & Media <br> Group Co. Ltd., <br> Class A<br>| 556834 | 947191 |
| #\* | China Southern <br> Airlines Co. Ltd., <br> Class H<br>| 8720000 | 5258445 |
|  | China Southern Power <br> Grid Energy <br> Efficiency&Clean <br> Energy Co. Ltd. <br> (003035 C2), <br> Class A<br>| 804519 | 557325 |
|  | China Southern Power <br> Grid Technology <br> Co. Ltd., Class A<br>| 43731 | 325914 |
|  | China Starch Holdings <br> Ltd.<br>| 20505000 | 503160 |
|  | China State <br> Construction <br> Development <br> Holdings Ltd.<br>| 3954000 | 601072 |
|  | China State <br> Construction <br> Engineering Corp. <br> Ltd., Class A<br>| 7859092 | 5999162 |
|  | China State <br> Construction <br> International <br> Holdings Ltd.<br>| 15964000 | 18160012 |
|  | China Sunshine Paper <br> Holdings Co. Ltd.<br>| 5651500 | 1220998 |
| # | China Suntien Green <br> Energy Corp. Ltd., <br> Class H<br>| 10087000 | 5640030 |
|  | China Taiping <br> Insurance Holdings <br> Co. Ltd.<br>| 13891130 | 31597676 |
|  | China Testing & <br> Certification <br> International Group <br> Co. Ltd., Class A<br>| 417388 | 383197 |
|  | China Tianying, Inc., <br> Class A<br>| 1902956 | 1569819 |

---

511

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Tobacco <br> International HK Co. <br> Ltd.<br>| 1406000 | $6849043 |
| #Ω | China Tourism Group <br> Duty Free Corp. <br> Ltd. (1880 HK), <br> Class H<br>| 230700 | 1982475 |
|  | China Tourism Group <br> Duty Free Corp. <br> Ltd. (601888 C1), <br> Class A<br>| 62517 | 668762 |
| Ω | China Tower Corp. <br> Ltd., Class H<br>| 25360500 | 36636958 |
| # | China Traditional <br> Chinese Medicine <br> Holdings Co. Ltd.<br>| 22278000 | 6711109 |
| \* | China TransInfo <br> Technology Co. <br> Ltd., Class A<br>| 398842 | 623801 |
| #\* | China Travel <br> International <br> Investment Hong <br> Kong Ltd.<br>| 15643892 | 3459646 |
|  | China Tungsten & <br> Hightech Materials <br> Co. Ltd., Class A<br>| 754160 | 2483411 |
| \* | China Union Holdings <br> Ltd., Class A<br>| 693600 | 399414 |
| #\* | China Vanke Co. Ltd., <br> Class H<br>| 10881376 | 6164741 |
|  | China Vered Financial <br> Holding Corp. Ltd.<br>| 2060500 | 293585 |
|  | China Wafer <br> Level CSP Co. Ltd., <br> Class A<br>| 83494 | 344885 |
| # | China Water Affairs <br> Group Ltd.<br>| 5352000 | 4317505 |
|  | China West <br> Construction Group <br> Co. Ltd., Class A<br>| 689800 | 640162 |
|  | China World Trade <br> Center Co. Ltd., <br> Class A<br>| 243400 | 689997 |
|  | China XD Electric Co. <br> Ltd., Class A<br>| 1112600 | 1247231 |
|  | China XLX Fertiliser <br> Ltd.<br>| 5425000 | 5118868 |
|  | China Yangtze Power <br> Co. Ltd., Class A<br>| 2583803 | 10207845 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | China Yongda <br> Automobiles <br> Services Holdings <br> Ltd.<br>| 8983000 | $1972465 |
| #\*Ω | China Youran Dairy <br> Group Ltd.<br>| 5985000 | 2500338 |
| \*Ω | China Yuhua <br> Education Corp. <br> Ltd.<br>| 16216000 | 1165681 |
|  | China Zhenhua Group <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 105500 | 747807 |
|  | China Zheshang Bank <br> Co. Ltd., Class H<br>| 4538599 | 1478512 |
|  | China-Singapore <br> Suzhou Industrial <br> Park Development <br> Group Co. Ltd., <br> Class A<br>| 262500 | 341963 |
| # | Chinasoft International <br> Ltd.<br>| 18842000 | 14105073 |
|  | Chinese Universe <br> Publishing & Media <br> Group Co. Ltd., <br> Class A<br>| 481672 | 702787 |
|  | Chongqing Brewery <br> Co. Ltd., Class A<br>| 109300 | 825133 |
|  | Chongqing Changan <br> Automobile Co. <br> Ltd., Class A<br>| 1873998 | 3264349 |
|  | Chongqing Chuanyi <br> Automation Co. <br> Ltd., Class A<br>| 278349 | 913266 |
| \* | Chongqing <br> Construction <br> Engineering Group <br> Corp. Ltd., Class A<br>| 126900 | 56566 |
|  | Chongqing <br> Department Store <br> Co. Ltd., Class A<br>| 244221 | 938481 |
|  | Chongqing Fuling <br> Electric Power <br> Industrial Co. Ltd., <br> Class A<br>| 621385 | 863934 |
|  | Chongqing Fuling <br> Zhacai Group Co. <br> Ltd., Class A<br>| 452930 | 835524 |
|  | Chongqing Gas Group <br> Corp. Ltd., Class A<br>| 759500 | 625789 |

---

512

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Chongqing Machinery <br> & Electric Co. Ltd., <br> Class H<br>| 3385962 | $805487 |
|  | Chongqing Pharscin <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 113800 | 262121 |
|  | Chongqing Port Co. <br> Ltd., Class A<br>| 1174600 | 895962 |
| \* | Chongqing Qianli <br> Technology Co. <br> Ltd., Class A<br>| 250800 | 420423 |
|  | Chongqing Road & <br> Bridge Co. Ltd., <br> Class A<br>| 446500 | 424983 |
|  | Chongqing Rural <br> Commercial Bank <br> Co. Ltd., Class H<br>| 16086000 | 13229002 |
|  | Chongqing Sanfeng <br> Environment Group <br> Corp. Ltd., Class A<br>| 1263600 | 1500535 |
| \* | Chongqing Taiji <br> Industry Group Co. <br> Ltd., Class A<br>| 246900 | 729057 |
|  | Chongqing Zhifei <br> Biological Products <br> Co. Ltd., Class A<br>| 257017 | 743699 |
|  | Chongqing Zongshen <br> Power Machinery <br> Co. Ltd., Class A<br>| 90702 | 303836 |
|  | Chongyi Zhangyuan <br> Tungsten Industry <br> Co. Ltd., Class A<br>| 750100 | 1359826 |
| # | Chow Tai Fook <br> Jewellery Group <br> Ltd.<br>| 2750000 | 5382360 |
|  | Chow Tai Seng <br> Jewellery Co. Ltd., <br> Class A<br>| 524089 | 1019549 |
| #\* | CIFI Holdings Group <br> Co. Ltd.<br>| 1650000 | 47467 |
|  | CIG Shanghai Co. <br> Ltd., Class A<br>| 55000 | 792908 |
|  | CIMC Enric Holdings <br> Ltd.<br>| 5994000 | 5789186 |
|  | Cisen Pharmaceutical <br> Co. Ltd., Class A<br>| 335600 | 1000200 |
|  | CITIC Heavy <br> Industries Co. Ltd., <br> Class A<br>| 719800 | 760298 |
|  | CITIC Ltd. | 14587567 | 22546983 |
|  | CITIC Resources <br> Holdings Ltd.<br>| 18886000 | 1007180 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | CITIC Securities Co. <br> Ltd., Class H<br>| 4231650 | $16110262 |
|  | City Development <br> Environment Co. <br> Ltd., Class A<br>| 506640 | 1063834 |
| #\* | Citychamp Watch & <br> Jewellery Group <br> Ltd.<br>| 10256000 | 241138 |
| \* | ClouDr Group Ltd. | 449800 | 69345 |
| #\* | CMGE Technology <br> Group Ltd.<br>| 9948000 | 505871 |
| # | CMOC Group Ltd., <br> Class H<br>| 17772000 | 38475621 |
|  | CMST Development <br> Co. Ltd., Class A<br>| 1217100 | 1017910 |
| \* | CNFinance Holdings <br> Ltd., ADR<br>| 1760 | 8799 |
|  | CNGR Advanced <br> Material Co. Ltd., <br> Class A<br>| 197499 | 1278004 |
| \* | CNNC International <br> Ltd.<br>| 247000 | 191307 |
|  | CNOOC Energy <br> Technology & <br> Services Ltd., <br> Class A<br>| 2600600 | 1426428 |
|  | CNSIG Inner Mongolia <br> Chemical Industry <br> Co. Ltd., Class A<br>| 836020 | 932184 |
| \* | COFCO <br> Biotechnology Co. <br> Ltd., Class A<br>| 800915 | 667875 |
|  | COFCO Capital <br> Holdings Co. Ltd., <br> Class A<br>| 235700 | 420882 |
| #\* | COFCO Joycome <br> Foods Ltd.<br>| 20437000 | 4359808 |
|  | COFCO Sugar <br> Holding Co. Ltd., <br> Class A<br>| 780453 | 1715657 |
|  | Cofoe Medical <br> Technology Co. <br> Ltd., Class A<br>| 97650 | 599563 |
| \* | COL Group Co. Ltd., <br> Class A<br>| 32800 | 130868 |
|  | Comba Telecom <br> Systems Holdings <br> Ltd.<br>| 11248000 | 4244233 |
| # | Concord New Energy <br> Group Ltd.<br>| 52405909 | 2597180 |
|  | Consun <br> Pharmaceutical <br> Group Ltd.<br>| 3334000 | 6449064 |

---

513

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Contec Medical <br> Systems Co. Ltd., <br> Class A<br>| 66800 | $154340 |
|  | Contemporary <br> Amperex <br> Technology Co. <br> Ltd., Class A<br>| 923820 | 50509906 |
|  | Continental Aerospace <br> Technologies <br> Holding Ltd.<br>| 17942207 | 308289 |
|  | COSCO SHIPPING <br> Development Co. <br> Ltd., Class H<br>| 25500300 | 3803975 |
| # | COSCO SHIPPING <br> Energy <br> Transportation Co. <br> Ltd., Class H<br>| 8722000 | 12331477 |
| # | COSCO SHIPPING <br> Holdings Co. Ltd., <br> Class H<br>| 14681349 | 25460851 |
|  | COSCO SHIPPING <br> International Hong <br> Kong Co. Ltd.<br>| 3626000 | 2795929 |
| # | COSCO SHIPPING <br> Ports Ltd.<br>| 8783811 | 6475520 |
|  | COSCO SHIPPING <br> Specialized Carriers <br> Co. Ltd., Class A<br>| 1005900 | 1028954 |
|  | COSCO SHIPPING <br> Technology Co. <br> Ltd., Class A<br>| 122000 | 301213 |
|  | Cosonic Intelligent <br> Technologies Co. <br> Ltd., Class A<br>| 164400 | 383437 |
|  | CQ Pharmaceutical <br> Holding Co. Ltd., <br> Class A<br>| 1145354 | 864604 |
| \* | Crazy Sports Group <br> Ltd.<br>| 16280600 | 175764 |
|  | CRRC Corp. Ltd., <br> Class H<br>| 10735000 | 8145893 |
|  | Crystal Clear <br> Electronic Material <br> Co. Ltd., Class A<br>| 255766 | 627276 |
| Ω | CSC Financial Co. <br> Ltd., Class H<br>| 1080500 | 1832822 |
|  | CSG Holding Co. Ltd., <br> Class A<br>| 1190296 | 795963 |
| \* | CSG Smart <br> Science&Technology <br> Co. Ltd., Class A<br>| 253900 | 448053 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | CSPC Innovation <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 97857 | $487183 |
| # | CSPC Pharmaceutical <br> Group Ltd.<br>| 58620400 | 57740643 |
|  | CSSC Hong Kong <br> Shipping Co. Ltd.<br>| 11548000 | 3088488 |
|  | CSSC Science & <br> Technology Co. <br> Ltd., Class A<br>| 402000 | 676842 |
|  | CTS International <br> Logistics Corp. Ltd., <br> Class A<br>| 1080550 | 937508 |
| \* | CWT International <br> Ltd.<br>| 23990000 | 757225 |
| \* | Cybrid Technologies, <br> Inc., Class A<br>| 165000 | 270825 |
| \* | Daan Gene Co. Ltd., <br> Class A<br>| 786280 | 719888 |
|  | Dajin Heavy Industry <br> Co. Ltd., Class A<br>| 267400 | 1891089 |
|  | Dalian Bio-Chem Co. <br> Ltd., Class A<br>| 118540 | 499314 |
|  | Dalian Huarui Heavy <br> Industry Group Co. <br> Ltd., Class A<br>| 1594163 | 1443128 |
| #\* | Dalipal Holdings Ltd. | 1812000 | 1511290 |
| \* | Damai Entertainment <br> Holdings Ltd.<br>| 87520000 | 10352151 |
|  | Daphne International <br> Holdings Ltd.<br>| 130000 | 7038 |
|  | Daqin Railway Co. <br> Ltd., Class A<br>| 2784238 | 2242639 |
|  | Dashang Co. Ltd., <br> Class A<br>| 293672 | 726549 |
|  | DaShenLin <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 362856 | 932394 |
| # | Datang International <br> Power Generation <br> Co. Ltd., Class H<br>| 12070000 | 3710364 |
| \* | Datang Telecom <br> Technology Co. <br> Ltd., Class A<br>| 244900 | 282870 |
|  | Dawnrays <br> Pharmaceutical <br> Holdings Ltd.<br>| 5718982 | 884616 |
|  | Dazhong <br> Transportation <br> Group Co. Ltd., <br> Class A<br>| 576400 | 478157 |

---

514

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | DBAPP Security Ltd., <br> Class A<br>| 38474 | $309781 |
|  | DBG Technology Co. <br> Ltd., Class A<br>| 150256 | 650920 |
|  | DeHua TB New <br> Decoration <br> Materials Co. Ltd., <br> Class A<br>| 542283 | 962230 |
|  | Deppon Logistics Co. <br> Ltd., Class A<br>| 455000 | 954465 |
| \* | Dezhan Healthcare <br> Co. Ltd., Class A<br>| 1061300 | 653304 |
|  | DHC Software Co. <br> Ltd., Class A<br>| 697312 | 1013104 |
|  | Dian Diagnostics <br> Group Co. Ltd., <br> Class A<br>| 341679 | 780668 |
|  | Digital China Group <br> Co. Ltd., Class A<br>| 264025 | 1598370 |
| # | Digital China Holdings <br> Ltd.<br>| 4095000 | 1580111 |
| \* | Digital China <br> Information Service <br> Group Co. Ltd., <br> Class A<br>| 361457 | 964862 |
| \* | Dingdang Health <br> Technology Group <br> Ltd.<br>| 142000 | 20601 |
|  | Dirui Industrial Co. <br> Ltd., Class A<br>| 72900 | 139369 |
|  | Do-Fluoride New <br> Materials Co. Ltd., <br> Class A<br>| 237951 | 949978 |
|  | Dong-E-E-Jiao Co. <br> Ltd., Class A<br>| 132743 | 885746 |
| # | Dongfang Electric <br> Corp. Ltd., Class H<br>| 1788600 | 4364168 |
|  | Dongfang Electronics <br> Co. Ltd., Class A<br>| 347053 | 580720 |
|  | DongFeng Automobile <br> Co. Ltd., Class A<br>| 403200 | 438505 |
|  | Dongfeng Electronic <br> Technology Co. <br> Ltd., Class A<br>| 243530 | 428427 |
| #\* | Dongfeng Motor <br> Group Co. Ltd., <br> Class H<br>| 16158000 | 19546690 |
|  | Dongguan Aohai <br> Technology Co. <br> Ltd., Class A<br>| 125740 | 833274 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Dongguan <br> Development <br> Holdings Co. Ltd., <br> Class A<br>| 420100 | $696084 |
|  | Dongguan Rural <br> Commercial Bank <br> Co. Ltd., Class H<br>| 50000 | 21792 |
|  | Dongguan Yutong <br> Optical Technology <br> Co. Ltd., Class A<br>| 154300 | 668271 |
|  | Donghua Testing <br> Technology Co. <br> Ltd., Class A<br>| 36300 | 275352 |
| \* | Dongjiang <br> Environmental Co. <br> Ltd., Class H<br>| 546995 | 175602 |
|  | Dongxing Securities <br> Co. Ltd., Class A<br>| 581155 | 1034961 |
|  | Dongyue Group Ltd. | 13139000 | 16904312 |
|  | Double Medical <br> Technology, Inc., <br> Class A<br>| 20500 | 144038 |
| # | DouYu International <br> Holdings Ltd., ADR<br>| 67516 | 463833 |
| \* | DPC Dash Ltd. | 88500 | 1004342 |
|  | Dynagreen <br> Environmental <br> Protection Group <br> Co. Ltd., Class H<br>| 2883000 | 2023078 |
|  | Eaglerise Electric & <br> Electronic China <br> Co. Ltd., Class A<br>| 320800 | 1154227 |
| #\*Ω | East Buy Holding Ltd. | 1510000 | 4254939 |
|  | East Money <br> Information Co. <br> Ltd., Class A<br>| 923330 | 3312315 |
|  | Eastcompeace <br> Technology Co. <br> Ltd., Class A<br>| 184700 | 628557 |
|  | Eastern <br> Communications <br> Co. Ltd., Class A<br>| 177500 | 326592 |
| \* | Easyhome New Retail <br> Group Co. Ltd., <br> Class A<br>| 2085200 | 846972 |
|  | E-Commodities <br> Holdings Ltd.<br>| 10586000 | 1130540 |
|  | Ecovacs Robotics Co. <br> Ltd., Class A<br>| 74692 | 939150 |
|  | Edan Instruments, <br> Inc., Class A<br>| 254388 | 495525 |
|  | Edifier Technology Co. <br> Ltd., Class A<br>| 272800 | 491609 |

---

515

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Edvantage Group <br> Holdings Ltd.<br>| 3152088 | $568304 |
| # | EEKA Fashion <br> Holdings Ltd.<br>| 2155500 | 2175247 |
| \* | EFORT Intelligent <br> Robot Co. Ltd.<br>| 10238 | 32717 |
|  | EIT Environmental <br> Development Group <br> Co. Ltd., Class A<br>| 145919 | 475438 |
|  | Electric Connector <br> Technology Co. <br> Ltd., Class A<br>| 162850 | 1152303 |
| \*†† | Elion Energy Co. Ltd., <br> Class A<br>| 1910265 | 18798 |
|  | EmbedWay <br> Technologies <br> Shanghai Corp., <br> Class A<br>| 57300 | 230584 |
|  | ENN Energy Holdings <br> Ltd.<br>| 2716000 | 23665239 |
|  | ENN Natural Gas Co. <br> Ltd., Class A<br>| 662095 | 1816784 |
|  | Eoptolink Technology, <br> Inc. Ltd., Class A<br>| 137261 | 6594994 |
|  | Era Co. Ltd., Class A | 762200 | 456506 |
|  | Espressif Systems <br> Shanghai Co. Ltd., <br> Class A<br>| 14875 | 349486 |
|  | Essex Bio-technology <br> Ltd.<br>| 1795000 | 994939 |
| \* | Estun Automation Co. <br> Ltd., Class A<br>| 7600 | 26895 |
|  | Eternal Asia Supply <br> Chain Management <br> Ltd., Class A<br>| 715400 | 511834 |
|  | EVA Precision <br> Industrial Holdings <br> Ltd.<br>| 9584516 | 1468388 |
|  | Eve Energy Co. Ltd., <br> Class A<br>| 220597 | 2579949 |
| # | Ever Sunshine <br> Services Group <br> Ltd.<br>| 5654000 | 1270441 |
| #Ω | Everbright Securities <br> Co. Ltd., Class H<br>| 1197200 | 1503360 |
| \* | EverChina <br> International <br> Holdings Co. Ltd.<br>| 18107500 | 328843 |
| \*Ω | Everest Medicines <br> Ltd.<br>| 411500 | 2595454 |
|  | EverProX <br> Technologies Co. <br> Ltd., Class A<br>| 21700 | 304066 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Excellence <br> Commercial <br> Property & Facilities <br> Management Group <br> Ltd.<br>| 893000 | $118490 |
|  | Explosive Co. Ltd., <br> Class A<br>| 184900 | 359391 |
|  | Eyebright Medical <br> Technology Beijing <br> Co. Ltd., Class A<br>| 35270 | 321571 |
|  | Fangda Carbon New <br> Material Co. Ltd., <br> Class A<br>| 806329 | 698190 |
|  | Fangda Special Steel <br> Technology Co. <br> Ltd., Class A<br>| 1055631 | 878707 |
|  | Far East Horizon Ltd. | 16837000 | 15114469 |
| \* | Far East Smarter <br> Energy Co. Ltd., <br> Class A<br>| 994800 | 1090226 |
| \* | Farasis Energy Gan <br> Zhou Co. Ltd., <br> Class A<br>| 256681 | 643363 |
|  | FAW Jiefang Group <br> Co. Ltd., Class A<br>| 428900 | 433046 |
|  | FAWER Automotive <br> Parts Co. Ltd., <br> Class A<br>| 1246978 | 984793 |
|  | Feilong Auto <br> Components Co. <br> Ltd., Class A<br>| 396100 | 1253168 |
| \*Ω | Feiyu Technology <br> International Co. <br> Ltd.<br>| 205500 | 18730 |
|  | Fengzhushou Co. <br> Ltd., Class A<br>| 14300 | 70097 |
|  | Ferrotec Anhui <br> Technology <br> Development Co. <br> Ltd., Class A<br>| 49300 | 270506 |
|  | FESCO Group Co. <br> Ltd., Class A<br>| 188700 | 502624 |
|  | Fiberhome <br> Telecommunication <br> Technologies Co. <br> Ltd., Class A<br>| 226700 | 774340 |
|  | Fibocom Wireless, <br> Inc., Class A<br>| 141494 | 542954 |
| \* | FIH Mobile Ltd. | 1213800 | 2897260 |
| \* | Financial Street <br> Holdings Co. Ltd., <br> Class A<br>| 1428957 | 606771 |

---

516

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | FinVolution Group, <br> ADR<br>| 983717 | $6010511 |
|  | First Capital Securities <br> Co. Ltd., Class A<br>| 597100 | 649855 |
| # | First Tractor Co. Ltd., <br> Class H<br>| 2008000 | 2020275 |
| # | Flat Glass Group Co. <br> Ltd., Class H<br>| 2305000 | 3624197 |
|  | Focus Lightings Tech <br> Co. Ltd., Class A<br>| 454720 | 576521 |
|  | Focus Media <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 2460600 | 2678203 |
|  | Focused Photonics <br> Hangzhou, Inc., <br> Class A<br>| 232000 | 541526 |
| \* | Focuslight <br> Technologies, Inc., <br> Class A<br>| 27506 | 557064 |
|  | Foryou Corp., <br> Class A<br>| 187100 | 833076 |
|  | Foshan Electrical & <br> Lighting Co. Ltd., <br> Class A<br>| 610100 | 540272 |
|  | Foshan Haitian <br> Flavouring & Food <br> Co. Ltd., Class A<br>| 549025 | 2942460 |
|  | Foshan Nationstar <br> Optoelectronics Co. <br> Ltd., Class A<br>| 386684 | 474740 |
|  | Fosun International <br> Ltd.<br>| 11497120 | 7293055 |
| \* | Founder Holdings <br> Ltd.<br>| 1088000 | 110642 |
|  | Founder Securities <br> Co. Ltd., Class A<br>| 730500 | 845327 |
|  | Fountain SET <br> Holdings Ltd.<br>| 234000 | 19879 |
|  | Foxconn Industrial <br> Internet Co. Ltd., <br> Class A<br>| 1833456 | 18489662 |
|  | Friend Co. Ltd., <br> Class A<br>| 85700 | 172702 |
| # | Fu Shou Yuan <br> International Group <br> Ltd.<br>| 10632000 | 4022006 |
|  | Fuan Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 337800 | 213315 |
| # | Fufeng Group Ltd. | 17110800 | 17712115 |
| \*†† | Fuguiniao Co. Ltd. | 782600 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Fujian Apex Software <br> Co. Ltd., Class A<br>| 66160 | $368593 |
|  | Fujian Boss Software <br> Development Co. <br> Ltd., Class A<br>| 291996 | 559321 |
|  | Fujian Funeng Co. <br> Ltd., Class A<br>| 719783 | 1023143 |
|  | Fujian Fuxin Software <br> Development JSC <br> Ltd., Class A<br>| 34467 | 520482 |
| \* | Fujian Kuncai Material <br> Technology Co. <br> Ltd., Class A<br>| 81100 | 210368 |
|  | Fujian Longking Co. <br> Ltd., Class A<br>| 462211 | 1095484 |
|  | Fujian Qingshan <br> Paper Industry Co. <br> Ltd., Class A<br>| 889000 | 447410 |
| \* | Fujian Snowman <br> Group Co. Ltd., <br> Class A<br>| 304800 | 473548 |
|  | Fujian Star-net <br> Communication Co. <br> Ltd., Class A<br>| 200508 | 754530 |
|  | Fujian Sunner <br> Development Co. <br> Ltd., Class A<br>| 430208 | 1024722 |
|  | Fujian Tianma <br> Science & <br> Technology Group <br> Co. Ltd., Class A<br>| 328120 | 656913 |
|  | Fujian Yongfu Power <br> Engineering Co. <br> Ltd., Class A<br>| 9500 | 37224 |
|  | Fujian Yuanli Active <br> Carbon Co. Ltd., <br> Class A<br>| 179000 | 416220 |
|  | Fulin Precision Co. <br> Ltd., Class A<br>| 294420 | 810809 |
|  | Fushun Special Steel <br> Co. Ltd., Class A<br>| 60900 | 44855 |
| \* | Future Machine Ltd. | 619000 | 54034 |
| Ω | Fuyao Glass Industry <br> Group Co. Ltd., <br> Class H<br>| 2911600 | 25928755 |
|  | Gan & Lee <br> Pharmaceuticals <br> Co. Ltd., Class A<br>| 74000 | 706246 |
| #Ω | Ganfeng Lithium <br> Group Co. Ltd., <br> Class H<br>| 1564039 | 10328358 |

---

517

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Gansu Energy <br> Chemical Co. Ltd., <br> Class A<br>| 3848240 | $1400926 |
| \* | Gansu Jiu Steel <br> Group Hongxing <br> Iron & Steel Co. <br> Ltd., Class A<br>| 962600 | 228755 |
|  | Gansu Shangfeng <br> Cement Co. Ltd., <br> Class A<br>| 677390 | 1075191 |
|  | Gansu Yasheng <br> Industrial Group Co. <br> Ltd., Class A<br>| 1353900 | 590073 |
|  | Gaona Aero Material <br> Co. Ltd., Class A<br>| 372700 | 868085 |
|  | Gaush Meditech Ltd. | 187100 | 219124 |
|  | G-bits Network <br> Technology Xiamen <br> Co. Ltd., Class A<br>| 21200 | 1408999 |
|  | GCL Energy <br> Technology Co. <br> Ltd., Class A<br>| 709995 | 1068249 |
| #\* | GCL New Energy <br> Holdings Ltd.<br>| 2556218 | 246489 |
| \* | GCL System <br> Integration <br> Technology Co. <br> Ltd., Class A<br>| 253800 | 88777 |
| #\* | GCL Technology <br> Holdings Ltd.<br>| 96911320 | 16941020 |
|  | GD Power <br> Development Co. <br> Ltd., Class A<br>| 1913278 | 1422932 |
| \* | GDS Holdings Ltd. <br> (9698 HK), Class A<br>| 4309200 | 19199443 |
| #\* | GDS Holdings Ltd. <br> (GDS US), ADR<br>| 145833 | 5206238 |
|  | Geely Automobile <br> Holdings Ltd.<br>| 23035000 | 54646151 |
|  | GEM Co. Ltd., <br> Class A<br>| 1492900 | 1786769 |
| \* | Gemdale Corp., <br> Class A<br>| 921200 | 506516 |
| #\* | Gemdale Properties & <br> Investment Corp. <br> Ltd.<br>| 39432000 | 889385 |
|  | GemPharmatech Co. <br> Ltd., Class A<br>| 110347 | 276620 |
| Ω | Genertec Universal <br> Medical Group Co. <br> Ltd.<br>| 6737000 | 5366457 |
| \* | Genimous Technology <br> Co. Ltd., Class A<br>| 477000 | 611369 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| #\* | Genscript Biotech <br> Corp.<br>| 5974000 | $12399888 |
| \* | Geo-Jade Petroleum <br> Corp., Class A<br>| 1205300 | 401995 |
|  | Geovis Technology <br> Co. Ltd., Class A<br>| 95574 | 548050 |
|  | GEPIC Energy <br> Development Co. <br> Ltd., Class A<br>| 522400 | 511624 |
|  | Getein Biotech, Inc., <br> Class A<br>| 282378 | 330416 |
| # | GF Securities Co. <br> Ltd., Class H<br>| 3127400 | 7550213 |
| #Ω | Giant Biogene Holding <br> Co. Ltd.<br>| 1739800 | 8337608 |
|  | Giantec <br> Semiconductor <br> Corp., Class A<br>| 18472 | 430745 |
|  | Ginlong Technologies <br> Co. Ltd., Class A<br>| 103959 | 1174974 |
|  | Glarun Technology <br> Co. Ltd., Class A<br>| 91387 | 366858 |
| #\* | Global New Material <br> International <br> Holdings Ltd.<br>| 474000 | 304340 |
|  | GoerTek, Inc., <br> Class A<br>| 459244 | 2117838 |
|  | Goke Microelectronics <br> Co. Ltd., Class A<br>| 16700 | 209595 |
|  | Goldcard Smart Group <br> Co. Ltd., Class A<br>| 140500 | 287559 |
| Ω | Golden Throat <br> Holdings Group Co. <br> Ltd.<br>| 1188500 | 525883 |
|  | Goldenmax <br> International Group <br> Ltd., Class A<br>| 368071 | 853067 |
|  | Goldpac Group Ltd. | 2119000 | 272360 |
| # | Goldwind Science & <br> Technology Co. <br> Ltd., Class H<br>| 5009984 | 8503725 |
| \* | GOME Retail Holdings <br> Ltd.<br>| 8015660 | 19603 |
|  | Goneo Group Co. <br> Ltd., Class A<br>| 97272 | 597244 |
|  | Goodbaby <br> International <br> Holdings Ltd.<br>| 3463000 | 529144 |
| \* | GoodWe Technologies <br> Co. Ltd. (688390 <br> C1), Class A<br>| 79028 | 675951 |

---

518

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Gosuncn Technology <br> Group Co. Ltd., <br> Class A<br>| 142200 | $115949 |
|  | Gotion High-tech Co. <br> Ltd., Class A<br>| 323200 | 2069302 |
| # | Grand Pharmaceutical <br> Group Ltd.<br>| 10364500 | 11034270 |
|  | Grandblue <br> Environment Co. <br> Ltd., Class A<br>| 135827 | 537067 |
| \* | Grandjoy Holdings <br> Group Co. Ltd., <br> Class A<br>| 1565201 | 654181 |
|  | Great Wall Motor Co. <br> Ltd., Class H<br>| 9729250 | 18817931 |
| \* | Greatoo Intelligent <br> Equipment, Inc., <br> Class A<br>| 174200 | 190765 |
| \* | Greattown Holdings <br> Ltd., Class A<br>| 607052 | 467547 |
|  | Gree Electric <br> Appliances, Inc. of <br> Zhuhai, Class A<br>| 686953 | 3841219 |
| # | Greentown China <br> Holdings Ltd.<br>| 8356500 | 8943930 |
| #Ω | Greentown <br> Management <br> Holdings Co. Ltd.<br>| 4936000 | 1919112 |
|  | Greentown Service <br> Group Co. Ltd.<br>| 11114000 | 6384710 |
|  | GRG Banking <br> Equipment Co. Ltd., <br> Class A<br>| 431426 | 779264 |
|  | GRG Metrology & Test <br> Group Co. Ltd., <br> Class A<br>| 364000 | 1071746 |
|  | Grinm Advanced <br> Materials Co. Ltd., <br> Class A<br>| 65000 | 207438 |
|  | Guangdong <br> Advertising Group <br> Co. Ltd., Class A<br>| 251200 | 300305 |
|  | Guangdong Aofei <br> Data Technology <br> Co. Ltd., Class A<br>| 378043 | 1077799 |
|  | Guangdong Baolihua <br> New Energy Stock <br> Co. Ltd., Class A<br>| 1090711 | 729861 |
|  | Guangdong <br> Construction <br> Engineering Group <br> Co. Ltd., Class A<br>| 1533000 | 825349 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Guangdong Create <br> Century Intelligent <br> Equipment Group <br> Corp. Ltd., Class A<br>| 361828 | $508617 |
| \* | Guangdong DFP New <br> Material Group Co. <br> Ltd.<br>| 789800 | 540939 |
|  | Guangdong Dongfang <br> Precision Science & <br> Technology Co. <br> Ltd., Class A<br>| 620502 | 1658347 |
|  | Guangdong Dongpeng <br> Holdings Co. Ltd., <br> Class A<br>| 745888 | 744290 |
|  | Guangdong Dowstone <br> Technology Co. <br> Ltd., Class A<br>| 162232 | 562277 |
|  | Guangdong Electric <br> Power Development <br> Co. Ltd., Class A<br>| 340900 | 227661 |
|  | Guangdong Ellington <br> Electronics <br> Technology Co. <br> Ltd., Class A<br>| 565816 | 896812 |
|  | Guangdong Fenghua <br> Advanced <br> Technology Holding <br> Co. Ltd., Class A<br>| 232200 | 552588 |
|  | Guangdong Goworld <br> Co. Ltd., Class A<br>| 343600 | 627287 |
|  | Guangdong Great <br> River Smarter <br> Logistics Co. Ltd., <br> Class A<br>| 207564 | 320905 |
|  | Guangdong <br> Guangzhou Daily <br> Media Co. Ltd., <br> Class A<br>| 95500 | 141894 |
|  | Guangdong Guanhao <br> High-Tech Co. Ltd., <br> Class A<br>| 581404 | 265542 |
|  | Guangdong Haid <br> Group Co. Ltd., <br> Class A<br>| 317568 | 2606238 |
| \* | Guangdong HEC <br> Technology Holding <br> Co. Ltd., Class A<br>| 343545 | 1038734 |
|  | Guangdong Hongda <br> Holdings Group Co. <br> Ltd., Class A<br>| 164900 | 929957 |

---

519

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guangdong Hongtu <br> Technology <br> Holdings Co. Ltd., <br> Class A<br>| 548700 | $995076 |
|  | Guangdong Hoshion <br> Industrial Aluminium <br> Co. Ltd., Class A<br>| 28400 | 81237 |
|  | Guangdong Huate <br> Gas Co. Ltd., <br> Class A<br>| 40695 | 368030 |
|  | Guangdong <br> Investment Ltd.<br>| 12158000 | 11549885 |
| \* | Guangdong Jia Yuan <br> Technology Shares <br> Co. Ltd., Class A<br>| 177017 | 1057578 |
|  | Guangdong Kinlong <br> Hardware Products <br> Co. Ltd., Class A<br>| 205100 | 654133 |
| \* | Guangdong Land <br> Holdings Ltd.<br>| 1870494 | 64008 |
|  | Guangdong Lingxiao <br> Pump Industry Co. <br> Ltd., Class A<br>| 213700 | 523146 |
|  | Guangdong Provincial <br> Expressway <br> Development Co. <br> Ltd., Class A<br>| 812311 | 1325860 |
| \* | Guangdong Shenglu <br> Telecommunication <br> Tech Co. Ltd., <br> Class A<br>| 345100 | 417750 |
|  | Guangdong Sirio <br> Pharma Co. Ltd., <br> Class A<br>| 188487 | 635887 |
|  | Guangdong South <br> New Media Co. <br> Ltd., Class A<br>| 153310 | 1041804 |
|  | Guangdong Tapai <br> Group Co. Ltd., <br> Class A<br>| 469895 | 559304 |
| \* | Guangdong TCL <br> Smart Home <br> Appliances Co. Ltd.<br>| 551100 | 843948 |
| \* | Guangdong Topstar <br> Technology Co. <br> Ltd., Class A<br>| 46762 | 218121 |
|  | Guangdong Vanward <br> New Electric Co. <br> Ltd., Class A<br>| 564800 | 917333 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guangdong Xinbao <br> Electrical <br> Appliances Holdings <br> Co. Ltd., Class A<br>| 620900 | $1320235 |
| \* | Guangdong Yowant <br> Technology Group <br> Co. Ltd., Class A<br>| 730279 | 678248 |
| \* | Guangdong Zhongnan <br> Iron & Steel Co. <br> Ltd., Class A<br>| 1344581 | 507072 |
|  | Guangdong <br> Zhongsheng <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 75204 | 204376 |
|  | Guanghui Energy Co. <br> Ltd., Class A<br>| 2456214 | 1819593 |
| \* | Guanghui Logistics <br> Co. Ltd., Class A<br>| 555700 | 620484 |
|  | Guangshen Railway <br> Co. Ltd., Class H<br>| 10624700 | 3118118 |
| \* | Guangxi Huaxi <br> Nonferrous Metal <br> Co. Ltd., Class A<br>| 284600 | 1285239 |
|  | Guangxi Liugong <br> Machinery Co. Ltd., <br> Class A<br>| 623063 | 1019686 |
|  | Guangxi LiuYao <br> Group Co. Ltd., <br> Class A<br>| 257400 | 674726 |
| \* | Guangxi Wuzhou <br> Zhongheng Group <br> Co. Ltd., Class A<br>| 1947914 | 764749 |
| \* | GuangYuYuan <br> Chinese Herbal <br> Medicine Co. Ltd., <br> Class A<br>| 95100 | 255971 |
|  | Guangzhou <br> Automobile Group <br> Co. Ltd., Class H<br>| 11645690 | 4882987 |
|  | Guangzhou Baiyun <br> International Airport <br> Co. Ltd., Class A<br>| 669826 | 920575 |
|  | Guangzhou <br> Baiyunshan <br> Pharmaceutical <br> Holdings Co. Ltd., <br> Class H<br>| 1358000 | 3273736 |
|  | Guangzhou <br> Development <br> Group, Inc., <br> Class A<br>| 541900 | 523301 |

---

520

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Guangzhou Great <br> Power Energy & <br> Technology Co. <br> Ltd., Class A<br>| 109100 | $766713 |
|  | Guangzhou Haige <br> Communications <br> Group, Inc. Co., <br> Class A<br>| 468950 | 771552 |
|  | Guangzhou Haoyang <br> Electronic Co. Ltd., <br> Class A<br>| 69400 | 422712 |
|  | Guangzhou KDT <br> Machinery Group <br> Co. Ltd., Class A<br>| 312310 | 719517 |
|  | Guangzhou Kingmed <br> Diagnostics Group <br> Co. Ltd., Class A<br>| 141200 | 592437 |
|  | Guangzhou Lingnan <br> Group Holdings Co. <br> Ltd., Class A<br>| 374400 | 774072 |
|  | Guangzhou Port Co. <br> Ltd., Class A<br>| 807800 | 381452 |
| #\* | Guangzhou R&F <br> Properties Co. Ltd., <br> Class H<br>| 1999200 | 138804 |
|  | Guangzhou <br> Restaurant Group <br> Co. Ltd., Class A<br>| 310087 | 741750 |
|  | Guangzhou Shiyuan <br> Electronic <br> Technology Co. <br> Ltd., Class A<br>| 87224 | 511791 |
|  | Guangzhou Sie <br> Consulting Co. Ltd., <br> Class A<br>| 203100 | 717749 |
|  | Guangzhou Tinci <br> Materials <br> Technology Co. <br> Ltd., Class A<br>| 277560 | 1555692 |
|  | Guangzhou Wondfo <br> Biotech Co. Ltd., <br> Class A<br>| 249146 | 772518 |
|  | Guangzhou Yuexiu <br> Capital Holdings <br> Group Co. Ltd., <br> Class A<br>| 756337 | 860554 |
|  | Guangzhou Zhiguang <br> Electric Co. Ltd., <br> Class A<br>| 341500 | 397698 |
|  | Guangzhou Zhujiang <br> Brewery Co. Ltd., <br> Class A<br>| 372700 | 491418 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guilin Layn Natural <br> Ingredients Corp., <br> Class A<br>| 402820 | $458285 |
|  | Guilin Sanjin <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 274782 | 577335 |
| \* | Guizhou Bailing Group <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 43200 | 35306 |
| \* | Guizhou Broadcasting <br> & TV Information <br> Network Co. Ltd., <br> Class A<br>| 139200 | 191013 |
|  | Guizhou Chanhen <br> Chemical Corp., <br> Class A<br>| 240300 | 1153320 |
|  | Guizhou Gas Group <br> Corp. Ltd., Class A<br>| 854160 | 846498 |
|  | Guizhou Guihang <br> Automotive <br> Components Co. <br> Ltd., Class A<br>| 175400 | 357455 |
|  | Guizhou Panjiang <br> Refined Coal Co. <br> Ltd., Class A<br>| 1483572 | 1074097 |
|  | Guizhou Qianyuan <br> Power Co. Ltd., <br> Class A<br>| 125200 | 311473 |
|  | Guizhou Sanli <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 163200 | 277274 |
|  | Guizhou Tyre Co. Ltd., <br> Class A<br>| 1026336 | 719808 |
|  | Guizhou Xinbang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 1112897 | 596958 |
| \* | Guizhou Zhenhua <br> E-chem, Inc., <br> Class A<br>| 237584 | 495463 |
| \* | Guizhou Zhongyida <br> Co. Ltd., Class A<br>| 120600 | 190463 |
| \* | Guoguang Electric Co. <br> Ltd., Class A<br>| 243063 | 542093 |
|  | Guomai Technologies, <br> Inc., Class A<br>| 499854 | 792068 |
| # | Guoquan Food <br> Shanghai Co. Ltd., <br> Class H<br>| 1131600 | 560051 |
|  | Guosen Securities Co. <br> Ltd., Class A<br>| 764897 | 1510274 |
| \* | Guosheng Securities, <br> Inc., Class A<br>| 147476 | 434661 |

---

521

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Ω | Guotai Haitong <br> Securities Co. Ltd., <br> Class H<br>| 5092680 | $9758230 |
|  | Guoyuan Securities <br> Co. Ltd., Class A<br>| 761345 | 937940 |
| # | Gushengtang <br> Holdings Ltd.<br>| 703100 | 2589867 |
|  | H World Group Ltd. <br> (1179 HK)<br>| 1141800 | 4427485 |
| # | H World Group Ltd. <br> (HTHT US), ADR<br>| 395705 | 15274213 |
| \*Ω | Haichang Ocean Park <br> Holdings Ltd.<br>| 9407000 | 885336 |
| #Ω | Haidilao International <br> Holding Ltd.<br>| 7042000 | 11604586 |
|  | Haier Smart Home <br> Co. Ltd. (600690 <br> C1), Class A<br>| 914762 | 3449472 |
|  | Haier Smart Home <br> Co. Ltd. (6690 HK), <br> Class H<br>| 9180599 | 29854240 |
|  | Hailir Pesticides & <br> Chemicals Group <br> Co. Ltd., Class A<br>| 220124 | 411153 |
| \* | Hainan Airlines <br> Holding Co. Ltd., <br> Class A<br>| 5452800 | 1357153 |
| \* | Hainan Drinda New <br> Energy Technology <br> Co. Ltd., Class A<br>| 84900 | 505101 |
| \* | Hainan Haide Capital <br> Management Co. <br> Ltd., Class A<br>| 723139 | 762968 |
| \* | Hainan Haiqi <br> Transportation <br> Group Co. Ltd., <br> Class A<br>| 107900 | 428491 |
| \* | Hainan Haiyao Co. <br> Ltd., Class A<br>| 345000 | 297017 |
|  | Hainan Jinpan Smart <br> Technology Co. <br> Ltd., Class A<br>| 88175 | 848288 |
| \* | Hainan Meilan <br> International Airport <br> Co. Ltd., Class H<br>| 1777000 | 2402379 |
|  | Hainan Mining Co. <br> Ltd., Class A<br>| 377100 | 517394 |
|  | Hainan Strait Shipping <br> Co. Ltd., Class A<br>| 1108500 | 2109200 |
|  | Haisco <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 106757 | 850542 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Haitian International <br> Holdings Ltd.<br>| 6059000 | $16556437 |
| Ω | Haitong UniTrust <br> International <br> Leasing Co. Ltd., <br> Class H<br>| 7228000 | 753263 |
|  | Hand Enterprise <br> Solutions Co. Ltd., <br> Class A<br>| 317634 | 808494 |
|  | Hangcha Group Co. <br> Ltd., Class A<br>| 601756 | 2431133 |
|  | Hangxiao Steel <br> Structure Co. Ltd., <br> Class A<br>| 1802564 | 686837 |
|  | Hangzhou Binjiang <br> Real Estate Group <br> Co. Ltd., Class A<br>| 684399 | 1022641 |
|  | Hangzhou Chang <br> Chuan Technology <br> Co. Ltd., Class A<br>| 53000 | 622905 |
|  | Hangzhou Dptech <br> Technologies Co. <br> Ltd., Class A<br>| 119500 | 400260 |
|  | Hangzhou Electronic <br> Soul Network <br> Technology Co. <br> Ltd., Class A<br>| 124800 | 345886 |
|  | Hangzhou First <br> Applied Material Co. <br> Ltd., Class A<br>| 401406 | 885996 |
|  | Hangzhou GreatStar <br> Industrial Co. Ltd.<br>| 226600 | 982043 |
|  | Hangzhou Greenda <br> Electronic Materials <br> Co. Ltd., Class A<br>| 50200 | 212328 |
|  | Hangzhou Haoyue <br> Personal Care Co. <br> Ltd., Class A<br>| 125661 | 575923 |
|  | Hangzhou Honghua <br> Digital Technology <br> Stock Co. Ltd., <br> Class A<br>| 73173 | 841678 |
|  | Hangzhou Huawang <br> New Material <br> Technology Co. <br> Ltd., Class A<br>| 326928 | 404763 |
| \* | Hangzhou Iron & <br> Steel Co., Class A<br>| 273400 | 350730 |
| \* | Hangzhou Lion <br> Microelectronics Co. <br> Ltd., Class A<br>| 172020 | 847413 |

---

522

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Hangzhou Onechance <br> Tech Corp., <br> Class A<br>| 109900 | $470597 |
|  | Hangzhou Oxygen <br> Plant Group Co. <br> Ltd., Class A<br>| 336757 | 1307913 |
|  | Hangzhou Robam <br> Appliances Co. Ltd., <br> Class A<br>| 327145 | 899067 |
|  | Hangzhou Shunwang <br> Technology Co. <br> Ltd., Class A<br>| 114200 | 354311 |
|  | Hangzhou Silan <br> Microelectronics Co. <br> Ltd., Class A<br>| 116400 | 521300 |
|  | Hangzhou Sunrise <br> Technology Co. <br> Ltd., Class A<br>| 232600 | 508097 |
|  | Hangzhou Tigermed <br> Consulting Co. Ltd. <br> (300347 C2), <br> Class A<br>| 29300 | 246517 |
| #Ω | Hangzhou Tigermed <br> Consulting Co. Ltd. <br> (3347 HK), Class H<br>| 600400 | 3592997 |
|  | Hangzhou Weiguang <br> Electronic Co. Ltd., <br> Class A<br>| 32700 | 164541 |
|  | Hangzhou Zhongtai <br> Cryogenic <br> Technology Corp., <br> Class A<br>| 168300 | 496257 |
|  | Han's Laser <br> Technology Industry <br> Group Co. Ltd., <br> Class A<br>| 191361 | 1108032 |
| Ω | Hansoh <br> Pharmaceutical <br> Group Co. Ltd.<br>| 1794000 | 8235722 |
|  | Hanwei Electronics <br> Group Corp., <br> Class A<br>| 108000 | 854036 |
|  | Haohua Chemical <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 146500 | 652677 |
|  | Haosen Fintech Group <br> Ltd.<br>| 8000 | 11612 |
| \*Ω | Harbin Bank Co. Ltd., <br> Class H<br>| 5191000 | 266915 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Harbin Boshi <br> Automation Co. <br> Ltd., Class A<br>| 411266 | $933892 |
|  | Harbin Electric Co. <br> Ltd., Class H<br>| 4808587 | 7906702 |
|  | Harbin Electric Corp. <br> Jiamusi Electric <br> Machine Co. Ltd., <br> Class A<br>| 546173 | 995653 |
| \* | Harbin Gloria <br> Pharmaceuticals <br> Co. Ltd., Class A<br>| 1138900 | 544340 |
| \* | Harbin Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 1717336 | 884124 |
|  | HBIS Resources Co. <br> Ltd., Class A<br>| 445700 | 1176081 |
| #\*Ω | HBM Holdings Ltd. | 1975000 | 3422897 |
| # | Health & Happiness <br> H&H International <br> Holdings Ltd.<br>| 1356500 | 2110283 |
|  | Healthcare Co. Ltd., <br> Class A<br>| 27490 | 37100 |
| \* | Hebei Changshan <br> Biochemical <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 229400 | 2138130 |
| \* | Hebei Construction <br> Group Corp. Ltd., <br> Class H<br>| 193500 | 10621 |
|  | Hebei Hengshui <br> Laobaigan Liquor <br> Co. Ltd., Class A<br>| 303600 | 721222 |
|  | Hebei Sinopack <br> Electronic <br> Technology Co. <br> Ltd., Class A<br>| 37520 | 300652 |
|  | Hebei Yangyuan <br> Zhihui Beverage <br> Co. Ltd., Class A<br>| 268134 | 1059522 |
|  | Hefei Jianghang <br> Aircraft Equipment <br> Co. Ltd., Class A<br>| 146056 | 228073 |
|  | Hefei Meiya <br> Optoelectronic <br> Technology, Inc., <br> Class A<br>| 266910 | 762653 |
|  | Hefei Urban <br> Construction <br> Development Co. <br> Ltd., Class A<br>| 460061 | 804242 |

---

523

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Heilongjiang <br> Agriculture Co. Ltd., <br> Class A<br>| 379800 | $771257 |
|  | HeiLongJiang ZBD <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 395800 | 627834 |
|  | Helens International <br> Holdings Co. Ltd.<br>| 280000 | 36067 |
|  | Hello Group, Inc., <br> Sponsored ADR<br>| 1022267 | 6941193 |
|  | Henan Liliang <br> Diamond Co. Ltd., <br> Class A<br>| 144500 | 780647 |
|  | Henan Lingrui <br> Pharmaceutical Co., <br> Class A<br>| 313700 | 1000549 |
|  | Henan Mingtai Al <br> Industrial Co. Ltd., <br> Class A<br>| 423300 | 896449 |
|  | Henan Pinggao <br> Electric Co. Ltd., <br> Class A<br>| 485600 | 1205478 |
|  | Henan Shenhuo Coal <br> Industry & <br> Electricity Power <br> Co. Ltd., Class A<br>| 774392 | 2690490 |
|  | Henan Shijia Photons <br> Technology Co. <br> Ltd., Class A<br>| 36251 | 348159 |
|  | Henan Shuanghui <br> Investment & <br> Development Co. <br> Ltd., Class A<br>| 565143 | 2044981 |
|  | Henan Thinker <br> Automatic <br> Equipment Co. Ltd., <br> Class A<br>| 253100 | 1064766 |
| \* | Henan Yicheng New <br> Energy Co. Ltd., <br> Class A<br>| 867700 | 643481 |
|  | Henan Yuguang Gold <br> & Lead Co. Ltd., <br> Class A<br>| 861100 | 1483908 |
| \* | Henan Yuneng <br> Holdings Co. Ltd., <br> Class A<br>| 428399 | 363101 |
| \* | Henan Zhongfu <br> Industry Co. Ltd., <br> Class A<br>| 1500100 | 1434998 |
|  | Henan Zhongyuan <br> Expressway Co. <br> Ltd., Class A<br>| 1011125 | 646789 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Hengan International <br> Group Co. Ltd.<br>| 5312122 | $18604573 |
|  | Hengdian Group <br> DMEGC Magnetics <br> Co. Ltd., Class A<br>| 537630 | 1599817 |
|  | Hengdian Group <br> Tospo Lighting Co. <br> Ltd., Class A<br>| 173400 | 331789 |
|  | Hengli Petrochemical <br> Co. Ltd., Class A<br>| 1323812 | 3341241 |
|  | Hengtong Logistics <br> Co. Ltd., Class A<br>| 471700 | 657352 |
|  | Hengtong <br> Optic-electric Co. <br> Ltd., Class A<br>| 596604 | 1875525 |
|  | Hengyi Petrochemical <br> Co. Ltd., Class A<br>| 763753 | 719385 |
|  | Hesteel Co. Ltd., <br> Class A<br>| 4520900 | 1595117 |
|  | Hexing Electrical Co. <br> Ltd., Class A<br>| 213410 | 1013611 |
|  | HG Technologies Co. <br> Ltd., Class A<br>| 58700 | 146934 |
| \* | Hi Sun Technology <br> China Ltd.<br>| 10269000 | 780405 |
| \* | Hiconics Eco-energy <br> Technology Co. <br> Ltd., Class A<br>| 56300 | 47219 |
|  | Hiecise Precision <br> Equipment Co. Ltd., <br> Class A<br>| 41620 | 229015 |
|  | Hisense Home <br> Appliances Group <br> Co. Ltd., Class H<br>| 2788000 | 8223651 |
|  | Hisense Visual <br> Technology Co. <br> Ltd., Class A<br>| 280100 | 975892 |
|  | Hitevision Co. Ltd., <br> Class A<br>| 107300 | 451132 |
|  | Hithink RoyalFlush <br> Information Network <br> Co. Ltd., Class A<br>| 61216 | 3122022 |
|  | HLA Group Corp. Ltd., <br> Class A<br>| 1599600 | 1392229 |
|  | HMT Xiamen New <br> Technical Materials <br> Co. Ltd., Class A<br>| 99400 | 699600 |
| \* | HNA Technology Co. <br> Ltd., Class A<br>| 1448771 | 893295 |
| \* | Homeland Interactive <br> Technology Ltd.<br>| 452000 | 82068 |
|  | Hongfa Technology <br> Co. Ltd., Class A<br>| 241270 | 1033422 |

---

524

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Honghua Group Ltd. | 9989000 | $245216 |
|  | Hongli Zhihui Group <br> Co. Ltd., Class A<br>| 328600 | 342449 |
| \* | Hongmian Zhihui <br> Science & <br> Technology <br> Innovation Co. Ltd. <br> Guangzhou<br>| 882300 | 399457 |
|  | Hongrun Construction <br> Group Co. Ltd., <br> Class A<br>| 1021400 | 1756983 |
|  | Hongta Securities Co. <br> Ltd., Class A<br>| 349449 | 430615 |
| \* | Hongyuan Green <br> Energy Co. Ltd., <br> Class A<br>| 181426 | 751977 |
| \* | Hopson Development <br> Holdings Ltd.<br>| 8537652 | 3463395 |
|  | Horizon Construction <br> Development Ltd.<br>| 3733960 | 537767 |
|  | Hoshine Silicon <br> Industry Co. Ltd., <br> Class A<br>| 61800 | 430863 |
|  | Hoymiles Power <br> Electronics, Inc., <br> Class A<br>| 62456 | 940153 |
| #\*Ω | Hua Hong <br> Semiconductor Ltd., <br> Class H<br>| 2459000 | 25205211 |
|  | Huaan Securities Co. <br> Ltd., Class A<br>| 895240 | 834299 |
|  | Huabao Flavours & <br> Fragrances Co. <br> Ltd., Class A<br>| 132700 | 335565 |
|  | Huabao International <br> Holdings Ltd.<br>| 356000 | 164990 |
| \* | Huachangda <br> Intelligent <br> Equipment Group <br> Co. Ltd., Class A<br>| 270600 | 211056 |
|  | Huada Automotive <br> Technology Corp. <br> Ltd., Class A<br>| 86300 | 529314 |
|  | Huadian Heavy <br> Industries Co. Ltd., <br> Class A<br>| 626000 | 653102 |
|  | Huadian Power <br> International Corp. <br> Ltd., Class H<br>| 6654000 | 3922519 |
|  | Huadong Medicine <br> Co. Ltd., Class A<br>| 385032 | 2248539 |
|  | Huafon Chemical Co. <br> Ltd., Class A<br>| 1344691 | 1696158 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Huafon Microfibre <br> Shanghai <br> Technology Co. <br> Ltd., Class A<br>| 684300 | $686504 |
|  | Huafu Fashion Co. <br> Ltd., Class A<br>| 1116250 | 750284 |
|  | Huagong Tech Co. <br> Ltd., Class A<br>| 117400 | 1317325 |
|  | Huaibei Mining <br> Holdings Co. Ltd., <br> Class A<br>| 943000 | 1760276 |
| \* | Huaihe Energy Group <br> Co. Ltd., Class A<br>| 2957200 | 1551305 |
| \* | Huakai Yibai <br> Technology Co. <br> Ltd., Class A<br>| 220480 | 336321 |
|  | Hualan Biological <br> Engineering, Inc., <br> Class A<br>| 278360 | 630811 |
|  | Huaming Power <br> Equipment Co. Ltd., <br> Class A<br>| 297000 | 1089595 |
| # | Huaneng Power <br> International, Inc., <br> Class H<br>| 10330000 | 8533720 |
|  | Huangshan Novel Co. <br> Ltd., Class A<br>| 403021 | 649073 |
|  | Huangshan Tourism <br> Development Co. <br> Ltd., Class A<br>| 437600 | 695666 |
| #\* | Huanxi Media Group <br> Ltd.<br>| 2260000 | 92890 |
|  | Huapont Life Sciences <br> Co. Ltd., Class A<br>| 801223 | 550946 |
| Ω | Huatai Securities Co. <br> Ltd., Class H<br>| 2964800 | 7453764 |
|  | Huatu Cendes Co. <br> Ltd., Class A<br>| 60333 | 569413 |
|  | Huaxi Securities Co. <br> Ltd., Class A<br>| 461800 | 655265 |
|  | Huaxia Bank Co. Ltd., <br> Class A<br>| 2003788 | 1918188 |
|  | Huaxin Cement Co. <br> Ltd. (600801 C1), <br> Class A<br>| 667224 | 2024796 |
| # | Huaxin Cement Co. <br> Ltd. (6655 HK), <br> Class H<br>| 1774400 | 3984328 |
|  | Huayu Automotive <br> Systems Co. Ltd., <br> Class A<br>| 926531 | 2660815 |

---

525

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Hubei Broadcasting & <br> Television <br> Information Network <br> Co. Ltd., Class A<br>| 893000 | $757369 |
|  | Hubei Chutian Smart <br> Communication Co. <br> Ltd., Class A<br>| 1605116 | 918102 |
|  | Hubei Dinglong Co. <br> Ltd., Class A<br>| 104300 | 519593 |
|  | Hubei Energy Group <br> Co. Ltd., Class A<br>| 904500 | 601337 |
|  | Hubei Feilihua Quartz <br> Glass Co. Ltd., <br> Class A<br>| 31800 | 349626 |
|  | Hubei Huitian New <br> Materials Co. Ltd., <br> Class A<br>| 266300 | 471205 |
|  | Hubei Jumpcan <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 358905 | 1264112 |
|  | Hubei Xingfa <br> Chemicals Group <br> Co. Ltd., Class A<br>| 440078 | 1767071 |
|  | Hubei Yihua Chemical <br> Industry Co. Ltd., <br> Class A<br>| 384900 | 750982 |
|  | Hubei Zhenhua <br> Chemical Co. Ltd., <br> Class A<br>| 397180 | 1351620 |
|  | Huishang Bank Corp. <br> Ltd., Class H<br>| 425400 | 182789 |
| #\*Ω | Huitongda Network <br> Co. Ltd., Class H<br>| 31900 | 54988 |
| \* | Huizhou CEE <br> Technology, Inc., <br> Class A<br>| 151800 | 252958 |
|  | Huizhou Desay Sv <br> Automotive Co. <br> Ltd., Class A<br>| 65916 | 1099722 |
|  | Humanwell Healthcare <br> Group Co. Ltd., <br> Class A<br>| 408900 | 1214458 |
|  | Hunan Aihua Group <br> Co. Ltd., Class A<br>| 213022 | 516138 |
| \* | Hunan Corun New <br> Energy Co. Ltd., <br> Class A<br>| 318900 | 336997 |
| \* | Hunan Er-Kang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 1195500 | 606806 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Hunan Friendship & <br> Apollo Commercial <br> Co. Ltd., Class A<br>| 915100 | $853160 |
|  | Hunan Gold Corp. <br> Ltd., Class A<br>| 372975 | 1136371 |
|  | Hunan Jiudian <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 296340 | 690364 |
| \* | Hunan Kaimeite <br> Gases Co. Ltd., <br> Class A<br>| 134400 | 515950 |
| \* | Hunan New Wellful <br> Co. Ltd., Class A<br>| 820800 | 724649 |
|  | Hunan TV & <br> Broadcast <br> Intermediary Co. <br> Ltd., Class A<br>| 1113200 | 1391409 |
|  | Hunan Valin Steel Co. <br> Ltd., Class A<br>| 2191200 | 1778270 |
|  | Hunan Zhongke <br> Electric Co. Ltd., <br> Class A<br>| 371000 | 1349222 |
|  | Hundsun <br> Technologies, Inc., <br> Class A<br>| 107129 | 473927 |
| #\* | HUTCHMED China <br> Ltd., ADR<br>| 3749 | 55035 |
| #\* | HUTCHMED China <br> Ltd.<br>| 962500 | 2879665 |
| # | HUYA, Inc., ADR | 553036 | 1520849 |
| \* | Hybio Pharmaceutical <br> Co. Ltd., Class A<br>| 27900 | 82776 |
| #\*Ω | Hygeia Healthcare <br> Holdings Co. Ltd.<br>| 2694800 | 4527607 |
| \* | Hymson Laser <br> Technology Group <br> Co. Ltd., Class A<br>| 155660 | 942002 |
| \* | Hytera <br> Communications <br> Corp. Ltd., Class A<br>| 281902 | 456325 |
| \* | HyUnion Holding Co. <br> Ltd., Class A<br>| 601100 | 756407 |
| \* | IAT Automobile <br> Technology Co. <br> Ltd., Class A<br>| 215200 | 346161 |
| \*Ω | iDreamSky <br> Technology <br> Holdings Ltd.<br>| 380400 | 41059 |
|  | IEIT Systems Co. Ltd., <br> Class A<br>| 52500 | 480909 |
|  | Iflytek Co. Ltd., <br> Class A<br>| 84490 | 660680 |
|  | IKD Co. Ltd., Class A | 398433 | 1268173 |

---

526

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \*Ω | IMAX China Holding, <br> Inc.<br>| 921100 | $948264 |
|  | Imeik Technology <br> Development Co. <br> Ltd., Class A<br>| 27340 | 614906 |
| \* | IMotion Automotive <br> Technology Suzhou <br> Co. Ltd., Class H<br>| 38800 | 37307 |
|  | Industrial & <br> Commercial Bank of <br> China Ltd., Class H<br>| 124830725 | 96718715 |
|  | Industrial Bank Co. <br> Ltd., Class A<br>| 3638780 | 10353324 |
|  | Industrial Securities <br> Co. Ltd., Class A<br>| 978332 | 946889 |
|  | INESA Intelligent <br> Tech, Inc., Class A<br>| 44000 | 123896 |
|  | Infore Environment <br> Technology Group <br> Co. Ltd., Class A<br>| 1009842 | 977520 |
| \*Ω | Ingdan, Inc. | 4068000 | 1474484 |
|  | Ingenic <br> Semiconductor Co. <br> Ltd., Class A<br>| 23400 | 285446 |
| \* | Inkeverse Group Ltd. | 3992000 | 537320 |
| \* | INKON Life <br> Technology Co. <br> Ltd., Class A<br>| 245000 | 366852 |
|  | Inmyshow Digital <br> Technology Group <br> Co. Ltd., Class A<br>| 1098700 | 960160 |
|  | Inner Mongolia <br> BaoTou Steel Union <br> Co. Ltd., Class A<br>| 1512000 | 539972 |
|  | Inner Mongolia Berun <br> Chemical Co. Ltd., <br> Class A<br>| 1527000 | 1450470 |
|  | Inner Mongolia Dian <br> Tou Energy Corp. <br> Ltd., Class A<br>| 808212 | 2871371 |
|  | Inner Mongolia <br> ERDOS Resources <br> Co. Ltd., Class A<br>| 565664 | 879812 |
| \* | Inner Mongolia Furui <br> Medical Science <br> Co. Ltd., Class A<br>| 111400 | 1141985 |
|  | Inner Mongolia <br> Junzheng Energy & <br> Chemical Industry <br> Group Co. Ltd., <br> Class A<br>| 2429776 | 1765718 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Inner Mongolia <br> MengDian HuaNeng <br> Thermal Power <br> Corp. Ltd., Class A<br>| 854400 | $514080 |
|  | Inner Mongolia Xingye <br> Silver&Tin Mining <br> Co. Ltd., Class A<br>| 470200 | 2017113 |
|  | Inner Mongolia Yili <br> Industrial Group Co. <br> Ltd., Class A<br>| 1047500 | 4038377 |
| \*Ω | InnoCare Pharma <br> Ltd., Class H<br>| 3046000 | 5583881 |
| \*Ω | Innovent Biologics, <br> Inc.<br>| 677500 | 7599919 |
|  | Innuovo Technology <br> Co. Ltd., Class A<br>| 561500 | 838006 |
| \* | Insigma Technology <br> Co. Ltd., Class A<br>| 383800 | 576556 |
|  | Inspur Digital <br> Enterprise <br> Technology Ltd.<br>| 2578000 | 2608425 |
|  | Intco Medical <br> Technology Co. <br> Ltd., Class A<br>| 206908 | 1149937 |
|  | Intron Technology <br> Holdings Ltd.<br>| 1817000 | 483885 |
| #\* | iQIYI, Inc., ADR | 3953410 | 9132377 |
|  | iRay Group, Class A | 34178 | 521671 |
|  | IReader Technology <br> Co. Ltd., Class A<br>| 83200 | 243081 |
| \* | IRICO Display <br> Devices Co. Ltd., <br> Class A<br>| 1040300 | 857178 |
| #\* | IVD Medical Holding <br> Ltd.<br>| 677000 | 609014 |
| \* | J&T Global Express <br> Ltd.<br>| 6951600 | 8919764 |
| \* | JA Solar Technology <br> Co. Ltd., Class A<br>| 838014 | 1658157 |
|  | Jade Bird Fire Co. <br> Ltd., Class A<br>| 487815 | 767756 |
|  | Jafron Biomedical Co. <br> Ltd., Class A<br>| 248664 | 712475 |
|  | Jangho Group Co. <br> Ltd., Class A<br>| 935300 | 1019141 |
|  | Jason Furniture <br> Hangzhou Co. Ltd., <br> Class A<br>| 237257 | 1027464 |
| \* | JC Finance & Tax <br> Interconnect <br> Holdings Ltd., <br> Class A<br>| 57900 | 91776 |

---

527

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | JCET Group Co. Ltd., <br> Class A<br>| 464706 | $2615799 |
|  | JCHX Mining <br> Management Co. <br> Ltd., Class A<br>| 148800 | 1367624 |
| \*Ω | JD Health <br> International, Inc.<br>| 2333600 | 18215951 |
| \*Ω | JD Logistics, Inc. | 10352100 | 16876019 |
|  | JD.com, Inc. (9618 <br> HK), Class A<br>| 6133292 | 101260502 |
|  | JD.com, Inc. (JD US), <br> ADR<br>| 54206 | 1790966 |
| \*Ω | Jenscare Scientific <br> Co. Ltd., Class H<br>| 77400 | 119641 |
| # | JF SmartInvest <br> Holdings Ltd.<br>| 243500 | 1734497 |
| \* | JH Educational <br> Technology, Inc.<br>| 668000 | 83382 |
|  | Jia Yao Holdings Ltd. | 342000 | 127739 |
|  | Jiajiayue Group Co. <br> Ltd., Class A<br>| 431601 | 652491 |
|  | Jiang Su Suyan <br> Jingshen Co. Ltd., <br> Class A<br>| 481400 | 728046 |
|  | Jiangling Motors Corp. <br> Ltd., Class A<br>| 384025 | 1084203 |
|  | Jianglong Shipbuilding <br> Co. Ltd., Class A<br>| 124600 | 247610 |
|  | Jiangsu Ankura <br> Intelligent Power <br> Co. Ltd., Class A<br>| 73100 | 349297 |
|  | Jiangsu Asia-Pacific <br> Light Alloy <br> Technology Co. <br> Ltd., Class A<br>| 815600 | 763595 |
|  | Jiangsu Azure Corp., <br> Class A<br>| 541640 | 1462675 |
|  | Jiangsu Bojun <br> Industrial <br> Technology Co. <br> Ltd., Class A<br>| 233135 | 1161881 |
|  | Jiangsu Boqian New <br> Materials Stock Co. <br> Ltd., Class A<br>| 44800 | 341222 |
|  | Jiangsu Broadcasting <br> Cable Information <br> Network Corp. Ltd., <br> Class A<br>| 1121900 | 578433 |
|  | Jiangsu Changbao <br> Steeltube Co. Ltd., <br> Class A<br>| 510200 | 467796 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangsu Changshu <br> Automotive Trim <br> Group Co. Ltd., <br> Class A<br>| 285500 | $687648 |
|  | Jiangsu Changshu <br> Rural Commercial <br> Bank Co. Ltd., <br> Class A<br>| 1235168 | 1224719 |
|  | Jiangsu Cnano <br> Technology Co. <br> Ltd., Class A<br>| 35584 | 286995 |
| \* | Jiangsu Dagang Co. <br> Ltd., Class A<br>| 266900 | 638326 |
|  | Jiangsu Dingsheng <br> New Energy <br> Materials Co. Ltd., <br> Class A<br>| 593940 | 1068525 |
| \* | Jiangsu Eastern <br> Shenghong Co. <br> Ltd., Class A<br>| 662174 | 860933 |
|  | Jiangsu Etern Co. <br> Ltd., Class A<br>| 119600 | 250983 |
|  | Jiangsu Expressway <br> Co. Ltd., Class H<br>| 5022000 | 6112229 |
|  | Jiangsu Financial <br> Leasing Co. Ltd., <br> Class A<br>| 1695840 | 1454611 |
| \* | Jiangsu General <br> Science Technology <br> Co. Ltd., Class A<br>| 1129000 | 704611 |
|  | Jiangsu Gian <br> Technology Co. <br> Ltd., Class A<br>| 84900 | 572387 |
|  | Jiangsu Guomao <br> Reducer Co. Ltd., <br> Class A<br>| 339485 | 779651 |
|  | Jiangsu Guotai <br> International Group <br> Co. Ltd., Class A<br>| 725795 | 952945 |
|  | Jiangsu Guoxin Corp. <br> Ltd., Class A<br>| 214600 | 248276 |
|  | Jiangsu Haili Wind <br> Power Equipment <br> Technology Co. <br> Ltd., Class A<br>| 56900 | 683586 |
|  | Jiangsu Hengli <br> Hydraulic Co. Ltd., <br> Class A<br>| 105354 | 1422936 |
|  | Jiangsu Hengrui <br> Pharmaceuticals <br> Co. Ltd., Class A<br>| 335614 | 3023468 |

---

528

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangsu Hengshun <br> Vinegar Industry <br> Co. Ltd., Class A<br>| 508128 | $581369 |
|  | Jiangsu Hongdou <br> Industrial Co. Ltd., <br> Class A<br>| 874428 | 319150 |
|  | Jiangsu Hongtian <br> Technology Co. <br> Ltd., Class A<br>| 90000 | 663416 |
| \* | Jiangsu Hoperun <br> Software Co. Ltd., <br> Class A<br>| 41500 | 359360 |
|  | Jiangsu Huachang <br> Chemical Co. Ltd., <br> Class A<br>| 745600 | 655956 |
|  | Jiangsu Jiangyin Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 1761000 | 1176295 |
|  | Jiangsu Jibeier <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 14909 | 73809 |
|  | Jiangsu Jiejie <br> Microelectronics Co. <br> Ltd., Class A<br>| 202437 | 820818 |
| \* | Jiangsu Kanion <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 422480 | 888091 |
|  | Jiangsu King's Luck <br> Brewery JSC Ltd., <br> Class A<br>| 261601 | 1427225 |
|  | Jiangsu Leili Motor <br> Co. Ltd., Class A<br>| 73606 | 567185 |
|  | Jiangsu Lianyungang <br> Port Co. Ltd., <br> Class A<br>| 867100 | 700297 |
|  | Jiangsu Lihua Foods <br> Group Co. Ltd.<br>| 325860 | 959196 |
|  | Jiangsu Linyang <br> Energy Co. Ltd., <br> Class A<br>| 1379600 | 1132862 |
| \* | Jiangsu Lopal Tech <br> Group Co. Ltd., <br> Class A<br>| 239000 | 599671 |
|  | Jiangsu Nata <br> Opto-electronic <br> Material Co. Ltd., <br> Class A<br>| 124560 | 692291 |
|  | Jiangsu Nhwa <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 260900 | 923554 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangsu Olive Sensors <br> High-Tech Co. Ltd., <br> Class A<br>| 447200 | $590125 |
|  | Jiangsu Pacific <br> Precision Forging <br> Co. Ltd., Class A<br>| 299600 | 582693 |
|  | Jiangsu Pacific Quartz <br> Co. Ltd., Class A<br>| 119650 | 693972 |
|  | Jiangsu Phoenix <br> Publishing & Media <br> Corp. Ltd., Class A<br>| 607800 | 861055 |
|  | Jiangsu Provincial <br> Agricultural <br> Reclamation & <br> Development Corp., <br> Class A<br>| 608000 | 795001 |
|  | Jiangsu Rainbow <br> Heavy Industries <br> Co. Ltd., Class A<br>| 731800 | 690351 |
|  | Jiangsu Rongtai <br> Industry Co. Ltd., <br> Class A<br>| 134490 | 818356 |
| \* | Jiangsu Sanfame <br> Polyester Material <br> Co. Ltd., Class A<br>| 242200 | 76677 |
|  | Jiangsu Shagang Co. <br> Ltd., Class A<br>| 683632 | 555697 |
|  | Jiangsu Shemar <br> Electric Co. Ltd., <br> Class A<br>| 168100 | 915937 |
|  | Jiangsu Shentong <br> Valve Co. Ltd., <br> Class A<br>| 295702 | 578459 |
|  | Jiangsu Shuangxing <br> Color Plastic New <br> Materials Co. Ltd., <br> Class A<br>| 649100 | 496524 |
|  | Jiangsu Sidike New <br> Material Science & <br> Technology Co. Ltd. <br> (300806 C2), <br> Class A<br>| 152540 | 579692 |
|  | Jiangsu Sidike New <br> Material Science & <br> Technology Co. Ltd. <br> (300806 CH), <br> Class A<br>| 46144 | 175359 |
|  | Jiangsu Soho High <br> Hope Group Corp., <br> Class A<br>| 1672400 | 667782 |

---

529

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Jiangsu Sopo <br> Chemical Co., <br> Class A<br>| 430716 | $438812 |
|  | Jiangsu Suzhou Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 1444300 | 1051808 |
|  | Jiangsu ToLand Alloy <br> Co. Ltd., Class A<br>| 160870 | 619513 |
|  | Jiangsu Tongrun <br> Equipment <br> Technology Co. <br> Ltd., Class A<br>| 84700 | 239945 |
| \* | Jiangsu Transimage <br> Technology Co. <br> Ltd., Class A<br>| 109200 | 286124 |
|  | Jiangsu Xinquan <br> Automotive Trim <br> Co. Ltd., Class A<br>| 198400 | 2156772 |
|  | Jiangsu Yanghe <br> Distillery Co. Ltd., <br> Class A<br>| 202758 | 2018009 |
|  | Jiangsu Yangnong <br> Chemical Co. Ltd., <br> Class A<br>| 121390 | 1109054 |
| \* | Jiangsu Yinhe <br> Electronics Co. Ltd., <br> Class A<br>| 424700 | 276332 |
|  | Jiangsu Yoke <br> Technology Co. <br> Ltd., Class A<br>| 52300 | 568033 |
|  | Jiangsu Yuyue <br> Medical Equipment <br> & Supply Co. Ltd., <br> Class A<br>| 192674 | 975720 |
|  | Jiangsu Zhangjiagang <br> Rural Commercial <br> Bank Co. Ltd., <br> Class A<br>| 2067071 | 1289358 |
|  | Jiangsu Zhongtian <br> Technology Co. <br> Ltd., Class A<br>| 779306 | 1855718 |
|  | Jiangsu Zijin Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 2214852 | 880613 |
| \* | Jiangsu Zongyi Co. <br> Ltd., Class A<br>| 288000 | 223432 |
|  | Jiangxi Bank Co. Ltd., <br> Class H<br>| 569500 | 50563 |
| \* | Jiangxi Black Cat <br> Carbon Black Co. <br> Ltd., Class A<br>| 344100 | 482349 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangxi Copper Co. <br> Ltd., Class H<br>| 6627000 | $27650758 |
| \* | Jiangxi Fushine <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 245900 | 360198 |
|  | Jiangxi Ganneng Co. <br> Ltd., Class A<br>| 285600 | 430323 |
|  | Jiangxi Ganyue <br> Expressway Co. <br> Ltd., Class A<br>| 770500 | 579371 |
|  | Jiangxi Guotai Group <br> Co. Ltd., Class A<br>| 307700 | 560384 |
|  | Jiangxi <br> Huangshanghuang <br> Group Food Co. <br> Ltd., Class A<br>| 229700 | 410554 |
|  | Jiangxi Lianchuang <br> Optoelectronic <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 8800 | 77873 |
| \* | Jiangxi Special <br> Electric Motor Co. <br> Ltd., Class A<br>| 150300 | 239022 |
|  | Jiangxi Xinyu Guoke <br> Technology Co. <br> Ltd., Class A<br>| 162143 | 724593 |
|  | Jiangyin Haida <br> Rubber & Plastic <br> Co. Ltd., Class A<br>| 297800 | 418447 |
| \* | Jiangyin Hengrun <br> Heavy Industries <br> Co. Ltd., Class A<br>| 192300 | 440707 |
|  | Jiangyin Jianghua <br> Microelectronics <br> Materials Co. Ltd., <br> Class A<br>| 96900 | 253269 |
| \* | Jiangyin Zhongnan <br> Heavy Industries <br> Co. Ltd., Class A<br>| 241000 | 86433 |
|  | Jiangzhong <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 331900 | 997512 |
|  | Jianmin <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 84100 | 466011 |
|  | Jiaozuo Wanfang <br> Aluminum <br> Manufacturing Co. <br> Ltd., Class A<br>| 777790 | 1122584 |

---

530

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiayin Group, Inc., <br> ADR<br>| 3672 | $34700 |
|  | Jiayou International <br> Logistics Co. Ltd., <br> Class A<br>| 802185 | 1583584 |
|  | Jiaze Renewables Co. <br> Ltd.<br>| 475100 | 292573 |
| \* | Jihua Group Corp. <br> Ltd., Class A<br>| 1561600 | 792637 |
|  | Jilin Aodong <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 184270 | 556303 |
| \* | Jilin Chemical Fibre, <br> Class A<br>| 1293000 | 742143 |
|  | Jilin Electric Power <br> Co. Ltd., Class A<br>| 967000 | 796641 |
|  | Jilin OLED Material <br> Tech Co. Ltd., <br> Class A<br>| 10752 | 43833 |
| \* | Jilin Quanyangquan <br> Co. Ltd., Class A<br>| 128500 | 128611 |
| †† | Jilin Zixin <br> Pharmaceutical <br> Industrial Co. Ltd., <br> Class A<br>| 244700 | 2408 |
| #\*†† | Jinchuan Group <br> International <br> Resources Co. Ltd.<br>| 17701000 | 546710 |
|  | Jinduicheng <br> Molybdenum Co. <br> Ltd., Class A<br>| 1186700 | 2506648 |
|  | Jinghua <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 455700 | 480376 |
|  | Jingjin Equipment, <br> Inc., Class A<br>| 600780 | 1288053 |
|  | Jinhong Gas Co. Ltd., <br> Class A<br>| 266229 | 758834 |
|  | Jinhui Liquor Co. Ltd., <br> Class A<br>| 228400 | 638475 |
| \* | Jinke Smart Services <br> Group Co. Ltd., <br> Class H<br>| 399400 | 353112 |
| # | JinkoSolar Holding <br> Co. Ltd., ADR<br>| 313147 | 7863121 |
|  | Jinlei Technology Co. <br> Ltd., Class A<br>| 163500 | 673568 |
|  | Jinlongyu Group Co. <br> Ltd., Class A<br>| 141100 | 613765 |
|  | Jinmao Property <br> Services Co. Ltd.<br>| 543664 | 195531 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jinneng Holding <br> Shanxi Coal <br> Industry Co. Ltd., <br> Class A<br>| 619700 | $1310071 |
| \* | Jinneng Holding <br> Shanxi Electric <br> Power Co. Ltd., <br> Class A<br>| 1055100 | 439033 |
|  | Jinneng <br> Science&Technology <br> Co. Ltd., Class A<br>| 480459 | 423949 |
| #\*Ω | Jinxin Fertility Group <br> Ltd.<br>| 14386500 | 4550828 |
|  | Jinyu Bio-Technology <br> Co. Ltd., Class A<br>| 535000 | 810962 |
|  | Jinzai Food Group Co. <br> Ltd., Class A<br>| 252800 | 425234 |
|  | JiuGui Liquor Co. Ltd., <br> Class A<br>| 45000 | 402346 |
| #Ω | Jiumaojiu International <br> Holdings Ltd.<br>| 9257000 | 2108286 |
|  | Jiuzhitang Co. Ltd., <br> Class A<br>| 161745 | 227509 |
|  | Jizhong Energy <br> Resources Co. Ltd., <br> Class A<br>| 1534400 | 1322278 |
|  | JL Mag Rare-Earth <br> Co. Ltd. (300748 <br> C2), Class A<br>| 209387 | 1152290 |
|  | JNBY Design Ltd. | 1738000 | 4031372 |
|  | Joincare <br> Pharmaceutical <br> Group Industry Co. <br> Ltd., Class A<br>| 608949 | 1040994 |
|  | Joinn Laboratories <br> China Co. Ltd., <br> Class A<br>| 184104 | 955691 |
| Ω | Joinn Laboratories <br> China Co. Ltd., <br> Class H<br>| 438600 | 1211277 |
|  | Jointo Energy <br> Investment Co. Ltd. <br> Hebei, Class A<br>| 635500 | 814674 |
|  | Jointown <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 1480002 | 1060933 |
| \* | Jolywood Suzhou <br> Sunwatt Co. Ltd., <br> Class A<br>| 485900 | 415295 |
|  | Jones Tech PLC, <br> Class A<br>| 81200 | 526304 |

---

531

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jonjee Hi-Tech <br> Industrial & <br> Commercial Holding <br> Co. Ltd., Class A<br>| 257378 | $659284 |
| \* | Joy City Property Ltd. | 24142000 | 1833214 |
|  | Joyoung Co. Ltd., <br> Class A<br>| 461434 | 624068 |
|  | JS Corrugating <br> Machinery Co. Ltd., <br> Class A<br>| 450900 | 792846 |
| \*Ω | JS Global Lifestyle <br> Co. Ltd.<br>| 5534000 | 1268028 |
|  | JSTI Group, Class A | 594500 | 703727 |
| \* | Ju Teng International <br> Holdings Ltd.<br>| 6498090 | 1513535 |
|  | Juewei Food Co. Ltd., <br> Class A<br>| 344799 | 661921 |
|  | Juneyao Airlines Co. <br> Ltd., Class A<br>| 518800 | 945059 |
| \* | Jushri Technologies, <br> Inc., Class A<br>| 19000 | 68087 |
|  | Jutal Offshore Oil <br> Services Ltd.<br>| 1222000 | 89647 |
|  | Jutze Intelligent <br> Technology Co. <br> Ltd., Class A<br>| 53700 | 158306 |
| \*Ω | JW Cayman <br> Therapeutics Co. <br> Ltd.<br>| 410000 | 184031 |
|  | Kailuan Energy <br> Chemical Co. Ltd., <br> Class A<br>| 857900 | 787438 |
|  | Kaishan Group Co. <br> Ltd., Class A<br>| 807400 | 1820088 |
|  | Kangji Medical <br> Holdings Ltd.<br>| 1679000 | 1944395 |
| \* | KBC Corp. Ltd., <br> Class A<br>| 118303 | 524117 |
|  | Keboda Technology <br> Co. Ltd., Class A<br>| 59300 | 646605 |
|  | Keda Industrial Group <br> Co. Ltd., Class A<br>| 688100 | 1267822 |
|  | KEDE Numerical <br> Control Co. Ltd., <br> Class A<br>| 43353 | 389791 |
| \* | Keep, Inc. | 99400 | 59405 |
|  | Keeson Technology <br> Corp. Ltd., Class A<br>| 138302 | 344219 |
|  | Kehua Data Co. Ltd., <br> Class A<br>| 262260 | 2015244 |
|  | Keli Motor Group Co. <br> Ltd., Class A<br>| 237360 | 462696 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Keli Sensing <br> Technology Ningbo <br> Co. Ltd., Class A<br>| 20500 | $196645 |
|  | Keshun Waterproof <br> Technologies Co. <br> Ltd., Class A<br>| 606600 | 426332 |
|  | Kidswant Children <br> Products Co. Ltd., <br> Class A<br>| 654997 | 992443 |
| # | Kinetic Development <br> Group Ltd.<br>| 15390000 | 2892384 |
|  | Kingboard Holdings <br> Ltd.<br>| 5236666 | 18762082 |
|  | Kingboard Laminates <br> Holdings Ltd.<br>| 8013484 | 13416294 |
|  | KingClean Electric Co. <br> Ltd., Class A<br>| 165668 | 596655 |
| \* | Kingdee International <br> Software Group Co. <br> Ltd.<br>| 217000 | 409402 |
|  | Kingfa Sci & Tech Co. <br> Ltd., Class A<br>| 860790 | 2447455 |
|  | Kingnet Network Co. <br> Ltd., Class A<br>| 543300 | 1818619 |
|  | Kingsemi Co. Ltd., <br> Class A<br>| 7417 | 125090 |
| \* | Kingsignal Technology <br> Co. Ltd., Class A<br>| 54200 | 100081 |
|  | Kingsoft Corp. Ltd. | 5774600 | 25172253 |
| \*Ω | Kintor Pharmaceutical <br> Ltd.<br>| 159000 | 38366 |
|  | Konfoong Materials <br> International Co. <br> Ltd., Class A<br>| 33959 | 448621 |
|  | KPC Pharmaceuticals, <br> Inc., Class A<br>| 357996 | 684830 |
|  | Kuaijishan Shaoxing <br> Wine Co. Ltd., <br> Class A<br>| 265300 | 826783 |
| Ω | Kuaishou Technology | 11630600 | 107982374 |
|  | Kuangda Technology <br> Group Co. Ltd., <br> Class A<br>| 971500 | 846827 |
|  | Kunlun Energy Co. <br> Ltd.<br>| 24938000 | 22922648 |
| \* | Kunlun Tech Co. Ltd., <br> Class A<br>| 72900 | 472375 |
|  | Kunshan Dongwei <br> Technology Co. <br> Ltd., Class A<br>| 14110 | 75530 |
|  | Kunshan Huguang <br> Auto Harness Co. <br> Ltd., Class A<br>| 80900 | 363591 |

---

532

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Kunshan Kinglai <br> Hygienic Materials <br> Co. Ltd., Class A<br>| 130820 | $1127129 |
| \* | Kunwu Jiuding <br> Investment Holdings <br> Co. Ltd., Class A<br>| 175182 | 463314 |
|  | Kweichow Moutai Co. <br> Ltd., Class A<br>| 184374 | 37086582 |
|  | KWG Group Holdings <br> Ltd. (1813 H1)<br>| 263500 | 8817 |
| #\* | KWG Group Holdings <br> Ltd. (1813 HK)<br>| 9620144 | 321593 |
| \* | KWG Living Group <br> Holdings Ltd.<br>| 8727072 | 270756 |
| \* | Kyland Technology <br> Co. Ltd., Class A<br>| 154400 | 526793 |
|  | Lakala Payment Co. <br> Ltd., Class A<br>| 172268 | 582676 |
|  | Lancy Co. Ltd., <br> Class A<br>| 256100 | 708772 |
| \* | Lanzhou LS Heavy <br> Equipment Co. Ltd., <br> Class A<br>| 515398 | 630994 |
|  | Lao Feng Xiang Co. <br> Ltd., Class A<br>| 179880 | 1218974 |
|  | Laobaixing Pharmacy <br> Chain JSC, <br> Class A<br>| 503791 | 1175322 |
|  | Launch Tech Co. Ltd., <br> Class H<br>| 535000 | 605175 |
|  | LB Group Co. Ltd., <br> Class A<br>| 661985 | 1714025 |
| # | LC Logistics, Inc. | 20800 | 16734 |
|  | Leader Harmonious <br> Drive Systems Co. <br> Ltd., Class A<br>| 2088 | 47889 |
|  | Lee & Man Chemical <br> Co. Ltd.<br>| 1825339 | 1106955 |
| # | Lee & Man Paper <br> Manufacturing Ltd.<br>| 9626200 | 3402425 |
|  | Lee's Pharmaceutical <br> Holdings Ltd.<br>| 2451000 | 602217 |
| \*Ω | Legend Holdings <br> Corp., Class H<br>| 4784800 | 6184587 |
|  | Lenovo Group Ltd. | 38084000 | 55558775 |
|  | Lens Technology Co. <br> Ltd., Class A<br>| 1124228 | 4647105 |
|  | Leo Group Co. Ltd., <br> Class A<br>| 609900 | 457245 |
|  | Leoch International <br> Technology Ltd.<br>| 654000 | 120357 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Lepu Medical <br> Technology Beijing <br> Co. Ltd., Class A<br>| 244230 | $622233 |
|  | Leshan Giantstar <br> Farming & <br> Husbandry Corp. <br> Ltd., Class A<br>| 399300 | 1030366 |
|  | Levima Advanced <br> Materials Corp., <br> Class A<br>| 162100 | 455778 |
|  | LexinFintech Holdings <br> Ltd., ADR<br>| 785386 | 3785561 |
|  | Leyard Optoelectronic <br> Co. Ltd., Class A<br>| 572150 | 553037 |
| \* | Li Auto, Inc. (2015 <br> HK), Class A<br>| 3104800 | 32218728 |
| #\* | Li Auto, Inc. (LI US), <br> ADR<br>| 49980 | 1042083 |
| # | Li Ning Co. Ltd. | 16886583 | 36715079 |
| \* | LianChuang Electronic <br> Technology Co. <br> Ltd., Class A<br>| 196200 | 282656 |
|  | Lianhe Chemical <br> Technology Co. <br> Ltd., Class A<br>| 494797 | 822856 |
| \* | Liao Ning <br> Oxiranchem, Inc. <br> (300082 C2), <br> Class A<br>| 100 | 123 |
| \* | Liao Ning <br> Oxiranchem, Inc. <br> (300082 CH), <br> Class A<br>| 224600 | 275899 |
|  | Liaoning Cheng Da <br> Co. Ltd., Class A<br>| 441134 | 790760 |
|  | Liaoning Chengda <br> Biotechnology Co. <br> Ltd., Class A<br>| 50092 | 192994 |
|  | Liaoning Energy <br> Industry Co. Ltd., <br> Class A<br>| 510500 | 293414 |
|  | Liaoning Port Co. Ltd., <br> Class H<br>| 1864000 | 218178 |
|  | Lier Chemical Co. <br> Ltd., Class A<br>| 494080 | 881155 |
| \* | Lifestyle China Group <br> Ltd.<br>| 1898000 | 165651 |
| #\* | Lifetech Scientific <br> Corp.<br>| 18192000 | 4709978 |
|  | Lijiang Yulong Tourism <br> Co. Ltd., Class A<br>| 395420 | 484762 |
| \* | Linewell Software Co. <br> Ltd., Class A<br>| 133100 | 227758 |

---

533

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Lingbao Gold Group <br> Co. Ltd., Class H<br>| 2940000 | $6154333 |
|  | Lingyi iTech <br> Guangdong Co., <br> Class A<br>| 1577100 | 3463399 |
| #Ω | Linklogis, Inc., <br> Class B<br>| 5093000 | 2093965 |
| \* | Liuzhou Iron & Steel <br> Co. Ltd., Class A<br>| 931417 | 707399 |
|  | Livzon Pharmaceutical <br> Group, Inc., <br> Class H<br>| 1288717 | 5182940 |
|  | Lizhong Sitong Light <br> Alloys Group Co. <br> Ltd., Class A<br>| 301740 | 1036749 |
| # | LK Technology <br> Holdings Ltd.<br>| 2755000 | 1307483 |
|  | Loncin Motor Co. Ltd., <br> Class A<br>| 639729 | 1224697 |
| #Ω | Longfor Group <br> Holdings Ltd.<br>| 12721472 | 15713981 |
|  | Longhua Technology <br> Group Luoyang Co. <br> Ltd., Class A<br>| 438831 | 519169 |
| \* | LONGi Green Energy <br> Technology Co. <br> Ltd., Class A<br>| 564715 | 1675230 |
|  | Longshine Technology <br> Group Co. Ltd., <br> Class A<br>| 244551 | 614821 |
|  | Lonking Holdings Ltd. | 15402000 | 6139381 |
|  | Lontium <br> Semiconductor <br> Corp., Class A<br>| 24035 | 237503 |
| \* | Lotus Holdings Co. <br> Ltd.<br>| 584400 | 470872 |
|  | Lucky Harvest Co. <br> Ltd., Class A<br>| 150410 | 852366 |
|  | Luenmei Quantum Co. <br> Ltd., Class A<br>| 519805 | 643389 |
|  | Luoniushan Co. Ltd., <br> Class A<br>| 625300 | 645019 |
| \* | Luoxin <br> Pharmaceuticals <br> Group Stock Co. <br> Ltd., Class A<br>| 195697 | 145882 |
|  | Luoyang Xinqianglian <br> Slewing Bearing <br> Co. Ltd., Class A<br>| 207390 | 1539481 |
|  | Lushang Freda <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 468800 | 512874 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Luxi Chemical Group <br> Co. Ltd., Class A<br>| 731400 | $1385940 |
|  | Luxin Venture Capital <br> Group Co. Ltd., <br> Class A<br>| 327500 | 673398 |
|  | Luxshare Precision <br> Industry Co. Ltd., <br> Class A<br>| 1375261 | 12184076 |
|  | Luyang Energy-Saving <br> Materials Co. Ltd.<br>| 271310 | 452419 |
| #\*Ω | Luye Pharma Group <br> Ltd.<br>| 14098500 | 5711985 |
|  | Luzhou Laojiao Co. <br> Ltd., Class A<br>| 270747 | 5118711 |
|  | Lygend Resources & <br> Technology Co. <br> Ltd.-H, Class H<br>| 198600 | 607142 |
| \* | Maanshan Iron & <br> Steel Co. Ltd., <br> Class H<br>| 9834177 | 3228256 |
|  | Maccura <br> Biotechnology Co. <br> Ltd., Class A<br>| 345473 | 568123 |
| \* | Malion New Materials <br> Co. Ltd., Class A<br>| 183150 | 283877 |
|  | Mango Excellent <br> Media Co. Ltd., <br> Class A<br>| 553597 | 2293022 |
| #Ω | Maoyan <br> Entertainment<br>| 3094959 | 2646993 |
| \* | Marssenger <br> Kitchenware Co. <br> Ltd., Class A<br>| 131000 | 230865 |
|  | Maxscend <br> Microelectronics Co. <br> Ltd., Class A<br>| 30388 | 318868 |
|  | Maxvision Technology <br> Corp., Class A<br>| 101500 | 421034 |
|  | Mayinglong <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 173200 | 686981 |
| #Ω | Medlive Technology <br> Co. Ltd.<br>| 441500 | 598543 |
|  | Mehow Innovative <br> Ltd., Class A<br>| 122080 | 402819 |
|  | MeiG Smart <br> Technology Co. <br> Ltd., Class A<br>| 27200 | 174016 |
|  | Meihua Holdings <br> Group Co. Ltd., <br> Class A<br>| 785600 | 1233396 |

---

534

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Meilleure Health <br> International <br> Industry Group Ltd.<br>| 420000 | $15431 |
|  | Meinian Onehealth <br> Healthcare Holdings <br> Co. Ltd., Class A<br>| 922200 | 729179 |
| Ω | Meitu, Inc. | 9430500 | 10473461 |
| \*Ω | Meituan, Class B | 6401360 | 84259517 |
|  | Mesnac Co. Ltd., <br> Class A<br>| 841600 | 1021000 |
|  | Metallurgical Corp. of <br> China Ltd., Class H<br>| 10926000 | 3329435 |
|  | M-Grass Ecology & <br> Environment Group <br> Co. Ltd., Class A<br>| 896623 | 525170 |
| \*Ω | Microport Cardioflow <br> Medtech Corp.<br>| 940000 | 144441 |
| # | MicroPort <br> NeuroScientific <br> Corp.<br>| 44201 | 67150 |
| #\* | Microport Scientific <br> Corp.<br>| 2232200 | 3483635 |
|  | Micro-Tech Nanjing <br> Co. Ltd., Class A<br>| 75463 | 878649 |
|  | Midea Group Co. Ltd., <br> Class A<br>| 1183746 | 12715673 |
| Ω | Midea Real Estate <br> Holding Ltd.<br>| 2330400 | 1430765 |
|  | Milkyway Intelligent <br> Supply Chain <br> Service Group Co. <br> Ltd., Class A<br>| 102000 | 852629 |
| \* | Min Xin Holdings Ltd. | 742000 | 317057 |
|  | Ming Yang Smart <br> Energy Group Ltd., <br> Class A<br>| 391416 | 833163 |
| # | Ming Yuan Cloud <br> Group Holdings <br> Ltd.<br>| 5502000 | 2336885 |
| \* | Mingfa Group <br> International Co. <br> Ltd.<br>| 2314000 | 36299 |
|  | MINISO Group <br> Holding Ltd.<br>| 2393800 | 12798886 |
|  | Minmetals Capital Co. <br> Ltd., Class A<br>| 499900 | 416167 |
| \* | Minmetals <br> Development Co. <br> Ltd., Class A<br>| 779000 | 1001627 |
| \* | Minmetals Land Ltd. | 9937644 | 1205160 |
|  | Minth Group Ltd. | 6615000 | 29352856 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Miracle Automation <br> Engineering Co. <br> Ltd., Class A<br>| 77100 | $195671 |
|  | Miracll Chemicals Co. <br> Ltd., Class A<br>| 38575 | 85724 |
|  | Mloptic Corp., <br> Class A<br>| 2729 | 140755 |
|  | MLS Co. Ltd., <br> Class A<br>| 649800 | 796474 |
| #\* | MMG Ltd. | 42530799 | 37744058 |
| \*Ω | Mobvista, Inc. | 3069000 | 7043744 |
| \* | MOG Digitech <br> Holdings Ltd.<br>| 1614000 | 82106 |
|  | Monalisa Group Co. <br> Ltd., Class A<br>| 55155 | 119016 |
|  | Montage Technology <br> Co. Ltd., Class A<br>| 15822 | 303261 |
|  | Moon Environment <br> Technology Co. <br> Ltd., Class A<br>| 867490 | 1732959 |
| # | Morimatsu <br> International <br> Holdings Co. Ltd.<br>| 1557000 | 1993332 |
|  | Motic Xiamen Electric <br> Group Co. Ltd., <br> Class A<br>| 168800 | 417088 |
| \* | Mount Everest Gold <br> Group Co. Ltd.<br>| 1085000 | 256673 |
|  | Muyuan Foods Co. <br> Ltd., Class A<br>| 1170877 | 8286307 |
| \*†† | Myhome Real Estate <br> Development Group <br> Co. Ltd., Class A<br>| 1308300 | 0 |
|  | MYS Group Co. Ltd., <br> Class A<br>| 833000 | 506171 |
|  | Nancal Technology <br> Co. Ltd., Class A<br>| 79884 | 525643 |
| \* | Nanfang Zhongjin <br> Environment Co. <br> Ltd., Class A<br>| 1112700 | 697179 |
|  | Nanhua Futures Co. <br> Ltd., Class A<br>| 466400 | 1367664 |
|  | NanJi E-Commerce <br> Co. Ltd., Class A<br>| 677950 | 336812 |
|  | Nanjing Cosmos <br> Chemical Co. Ltd., <br> Class A<br>| 266280 | 514618 |
|  | Nanjing Hanrui Cobalt <br> Co. Ltd., Class A<br>| 136220 | 950920 |
|  | Nanjing Iron & Steel <br> Co. Ltd., Class A<br>| 2527900 | 1865982 |

---

535

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Nanjing King-Friend <br> Biochemical <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 275128 | $388550 |
|  | Nanjing <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 1077100 | 765954 |
|  | Nanjing Securities Co. <br> Ltd., Class A<br>| 479160 | 570596 |
| \* | Nanjing Tanker Corp., <br> Class A<br>| 1500600 | 689247 |
|  | Nanjing Xinjiekou <br> Department Store <br> Co. Ltd., Class A<br>| 779048 | 821784 |
|  | Nantong Jianghai <br> Capacitor Co. Ltd., <br> Class A<br>| 384800 | 1544573 |
|  | Nantong Jiangshan <br> Agrochemical & <br> Chemical LLC, <br> Class A<br>| 211800 | 712039 |
|  | NARI Technology Co. <br> Ltd., Class A<br>| 899226 | 3063966 |
| \* | National Silicon <br> Industry Group Co. <br> Ltd., Class A<br>| 39130 | 125758 |
|  | Natural Food <br> International <br> Holding Ltd.<br>| 462000 | 68329 |
|  | NAURA Technology <br> Group Co. Ltd., <br> Class A<br>| 51030 | 2919657 |
| \* | NavInfo Co. Ltd., <br> Class A<br>| 399600 | 505439 |
| \* | Nayuki Holdings Ltd. | 1000000 | 150592 |
|  | NBTM New Materials <br> Group Co. Ltd., <br> Class A<br>| 282400 | 1193911 |
|  | NetDragon Websoft <br> Holdings Ltd.<br>| 2644000 | 4130509 |
| \*Ω | NetEase Cloud Music, <br> Inc.<br>| 33450 | 1038660 |
|  | NetEase, Inc. (9999 <br> HK)<br>| 3062200 | 85927542 |
|  | NetEase, Inc. (NTES <br> US), ADR<br>| 125788 | 17622899 |
|  | Neusoft Corp., <br> Class A<br>| 669600 | 990453 |
|  | Neutech Group Ltd. | 238400 | 78188 |
|  | New China Life <br> Insurance Co. Ltd., <br> Class H<br>| 4622100 | 29209857 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | New Guomai Digital <br> Culture Co. Ltd., <br> Class A<br>| 117600 | $230339 |
|  | New Hope Dairy Co. <br> Ltd., Class A<br>| 280100 | 685085 |
|  | New Hope Liuhe Co. <br> Ltd., Class A<br>| 706232 | 966019 |
| \* | New Journey Health <br> Technology Group <br> Co. Ltd., Class A<br>| 1047400 | 329651 |
|  | New Trend <br> International <br> Logis-Tech Co. Ltd., <br> Class A<br>| 180255 | 321470 |
|  | Neway Valve Suzhou <br> Co. Ltd., Class A<br>| 242900 | 1792532 |
| \* | Newborn Town, Inc. | 2170000 | 2950010 |
|  | Newland Digital <br> Technology Co. <br> Ltd., Class A<br>| 317789 | 1230735 |
|  | Nexteer Automotive <br> Group Ltd.<br>| 7388000 | 6404301 |
| \* | Nine Dragons Paper <br> Holdings Ltd.<br>| 12167000 | 8714986 |
| \* | Ninestar Corp., <br> Class A<br>| 191328 | 583400 |
|  | Ningbo BaoSi Energy <br> Equipment Co. Ltd., <br> Class A<br>| 141900 | 159704 |
|  | Ningbo Boway Alloy <br> Material Co. Ltd., <br> Class A<br>| 288700 | 887209 |
| \* | Ningbo Changhong <br> Polymer Scientific & <br> Technical, Inc., <br> Class A<br>| 69300 | 183617 |
|  | Ningbo Haitian <br> Precision Machinery <br> Co. Ltd., Class A<br>| 197800 | 575702 |
|  | Ningbo Huaxiang <br> Electronic Co. Ltd., <br> Class A<br>| 656100 | 3059000 |
| \* | Ningbo Jifeng Auto <br> Parts Co. Ltd., <br> Class A<br>| 365100 | 712927 |
|  | Ningbo Jintian Copper <br> Group Co. Ltd., <br> Class A<br>| 1142700 | 1858136 |
|  | Ningbo Joyson <br> Electronic Corp., <br> Class A<br>| 469231 | 2103578 |

---

536

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Ningbo Orient Wires & <br> Cables Co. Ltd., <br> Class A<br>| 102157 | $900108 |
|  | Ningbo Peacebird <br> Fashion Co. Ltd., <br> Class A<br>| 336700 | 677763 |
|  | Ningbo Ronbay New <br> Energy Technology <br> Co. Ltd., Class A<br>| 196256 | 770310 |
|  | Ningbo Sanxing <br> Medical Electric Co. <br> Ltd., Class A<br>| 375058 | 1181186 |
| \* | Ningbo Shanshan Co. <br> Ltd., Class A<br>| 300500 | 580727 |
|  | Ningbo Sunrise Elc <br> Technology Co. <br> Ltd., Class A<br>| 122000 | 315061 |
|  | Ningbo Tuopu Group <br> Co. Ltd., Class A<br>| 194876 | 2032960 |
|  | Ningbo Xusheng <br> Group Co. Ltd., <br> Class A<br>| 339840 | 719400 |
|  | Ningbo Yongxin Optics <br> Co. Ltd., Class A<br>| 28200 | 406177 |
|  | Ningbo Yunsheng Co. <br> Ltd., Class A<br>| 686400 | 1376762 |
|  | Ningbo Zhoushan Port <br> Co. Ltd., Class A<br>| 1013670 | 535297 |
|  | Ningxia Baofeng <br> Energy Group Co. <br> Ltd., Class A<br>| 1472700 | 3819159 |
|  | Ningxia Building <br> Materials Group Co. <br> Ltd., Class A<br>| 194600 | 367633 |
|  | Ningxia Orient <br> Tantalum Industry <br> Co. Ltd., Class A<br>| 95600 | 417123 |
|  | Ningxia Western <br> Venture Industrial <br> Co. Ltd., Class A<br>| 503000 | 364613 |
| \* | NIO, Inc., Class A | 96580 | 698324 |
| #\* | Niu Technologies, <br> Sponsored ADR<br>| 219715 | 922803 |
|  | NKY Medical Holdings <br> Ltd., Class A<br>| 257950 | 601575 |
|  | Noah Holdings Ltd., <br> Sponsored ADR<br>| 95429 | 1077393 |
| Ω | Nongfu Spring Co. <br> Ltd., Class H<br>| 4826200 | 32082399 |
|  | Norinco International <br> Cooperation Ltd., <br> Class A<br>| 846073 | 1329640 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | North Chemical <br> Industries Co. Ltd., <br> Class A<br>| 47100 | $133260 |
|  | North China <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 1000800 | 844439 |
|  | North Copper Co. <br> Ltd., Class A<br>| 412200 | 911124 |
|  | North Huajin Chemical <br> Industries Co. Ltd., <br> Class A<br>| 899512 | 642547 |
| \* | North Industries <br> Group Red Arrow <br> Co. Ltd., Class A<br>| 274865 | 710103 |
|  | Northeast <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 1600662 | 1248278 |
|  | Northeast Securities <br> Co. Ltd., Class A<br>| 661227 | 844419 |
|  | Northking Information <br> Technology Co. <br> Ltd., Class A<br>| 379306 | 1136819 |
| #\* | NovaBridge <br> Biosciences, <br> Sponsored ADR<br>| 16217 | 80274 |
|  | Novoray Corp., <br> Class A<br>| 91780 | 820601 |
| \* | NSFOCUS <br> Technologies Group <br> Co. Ltd., Class A<br>| 301370 | 351211 |
| \* | Nuode New Materials <br> Co. Ltd., Class A<br>| 820000 | 816296 |
|  | NYOCOR Co. Ltd., <br> Class A<br>| 556700 | 436646 |
| #\*Ω | Ocumension <br> Therapeutics<br>| 939000 | 1006100 |
| \* | Offcn Education <br> Technology Co. <br> Ltd., Class A<br>| 970800 | 371213 |
|  | Offshore Oil <br> Engineering Co. <br> Ltd., Class A<br>| 1225122 | 938145 |
| \* | OFILM Group Co. <br> Ltd., Class A<br>| 497000 | 862257 |
|  | Olympic Circuit <br> Technology Co. <br> Ltd., Class A<br>| 258880 | 1514664 |
|  | OmniVision Integrated <br> Circuits Group, Inc.<br>| 25488 | 468295 |
| # | Onewo, Inc., Class H | 1064300 | 3057778 |
|  | Oppein Home Group, <br> Inc., Class A<br>| 120890 | 909253 |

---

537

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Opple Lighting Co. <br> Ltd., Class A<br>| 213321 | $521644 |
|  | OPT Machine Vision <br> Tech Co. Ltd., <br> Class A<br>| 29277 | 524024 |
|  | ORG Technology Co. <br> Ltd., Class A<br>| 1849800 | 1565337 |
|  | Orient International <br> Enterprise Ltd., <br> Class A<br>| 529367 | 622203 |
| # | Orient Overseas <br> International Ltd.<br>| 622500 | 10772942 |
| Ω | Orient Securities Co. <br> Ltd., Class H<br>| 2344800 | 2184844 |
| \* | Oriental Energy Co. <br> Ltd., Class A<br>| 550729 | 636742 |
|  | Oriental Pearl Group <br> Co. Ltd., Class A<br>| 595141 | 812469 |
| #\* | OSL Group Ltd. | 51000 | 115440 |
| \* | Ourpalm Co. Ltd., <br> Class A<br>| 438300 | 320393 |
|  | Ovctek China, Inc., <br> Class A<br>| 205440 | 481246 |
| \* | Pacific Securities Co. <br> Ltd., Class A<br>| 523800 | 331338 |
|  | Pacific Shuanglin <br> Bio-pharmacy Co. <br> Ltd., Class A<br>| 284963 | 630924 |
| \* | Pangang Group <br> Vanadium Titanium <br> & Resources Co. <br> Ltd., Class A<br>| 2411831 | 1024444 |
| \* | PCI Technology Group <br> Co. Ltd., Class A<br>| 1200680 | 1158677 |
| \* | PDD Holdings, Inc., <br> ADR<br>| 1216709 | 164097543 |
| \*Ω | Peijia Medical Ltd. | 1597000 | 1236316 |
| \* | Peking University <br> Resources Holdings <br> Co. Ltd.<br>| 422500 | 8673 |
| \*†† | Pengdu Agriculture & <br> Animal Husbandry <br> Co. Ltd., Class A<br>| 3368870 | 0 |
|  | People.cn Co. Ltd., <br> Class A<br>| 77800 | 220904 |
|  | People's Insurance <br> Co. Group of China <br> Ltd. , Class H<br>| 25651000 | 23037411 |
| \* | Perennial Energy <br> Holdings Ltd.<br>| 815000 | 105854 |
|  | Perfect World Co. <br> Ltd., Class A<br>| 161000 | 387839 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | Persistence <br> Resources Group <br> Ltd.<br>| 95000 | $17196 |
|  | PetroChina Co. Ltd., <br> Class H<br>| 96738000 | 99999832 |
|  | PharmaBlock <br> Sciences Nanjing, <br> Inc., Class A<br>| 113600 | 682232 |
| #Ω | Pharmaron Beijing Co. <br> Ltd., Class H<br>| 1497450 | 4999805 |
| \* | Phenix Optical Co. <br> Ltd., Class A<br>| 60500 | 185293 |
|  | PhiChem Corp., <br> Class A<br>| 249005 | 820948 |
|  | PICC Property & <br> Casualty Co. Ltd., <br> Class H<br>| 19579398 | 46256790 |
|  | Ping An Bank Co. <br> Ltd., Class A<br>| 4109901 | 6540003 |
| #Ω | Ping An Healthcare & <br> Technology Co. <br> Ltd.<br>| 9302005 | 16456493 |
| # | Ping An Insurance <br> Group Co. of China <br> Ltd., Class H<br>| 23334500 | 168576163 |
|  | Pingdingshan Tianan <br> Coal Mining Co. <br> Ltd., Class A<br>| 1093338 | 1306403 |
|  | PNC Process <br> Systems Co. Ltd., <br> Class A<br>| 177720 | 776317 |
|  | POCO Holding Co. <br> Ltd., Class A<br>| 42860 | 470957 |
| \* | Polaris Bay Group Co. <br> Ltd., Class A<br>| 579000 | 599122 |
|  | Poly Developments & <br> Holdings Group Co. <br> Ltd., Class A<br>| 1264405 | 1302516 |
| # | Poly Property Group <br> Co. Ltd.<br>| 13246987 | 3151339 |
|  | Poly Property <br> Services Co. Ltd., <br> Class H<br>| 1267400 | 5467564 |
| \* | Pony Testing <br> International Group <br> Co. Ltd., Class A<br>| 265070 | 308759 |
| Ω | Pop Mart International <br> Group Ltd.<br>| 2162600 | 61515424 |
| \* | Porton Pharma <br> Solutions Ltd., <br> Class A<br>| 334300 | 1251812 |

---

538

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Ω | Postal Savings Bank <br> of China Co. Ltd., <br> Class H<br>| 23490000 | $16551297 |
|  | Pou Sheng <br> International <br> Holdings Ltd.<br>| 16009609 | 978322 |
|  | Power Construction <br> Corp. of China Ltd., <br> Class A<br>| 2700800 | 2141044 |
| \* | Powerwin Tech Group <br> Ltd.<br>| 536000 | 76618 |
|  | Prinx Chengshan <br> Holdings Ltd.<br>| 690000 | 630446 |
| \* | Productive <br> Technologies Co. <br> Ltd.<br>| 1154000 | 30778 |
|  | Pulike Biological <br> Engineering, Inc., <br> Class A<br>| 131400 | 258122 |
|  | PW Medtech Group <br> Ltd.<br>| 3801000 | 734023 |
|  | Pylon Technologies <br> Co. Ltd., Class A<br>| 45089 | 420442 |
|  | Q Technology Group <br> Co. Ltd.<br>| 2854000 | 5132350 |
| # | Qfin Holdings, Inc., <br> ADR<br>| 1029222 | 24855711 |
| \* | Qi An Xin Technology <br> Group, Inc., <br> Class A<br>| 70001 | 384171 |
|  | Qianhe Condiment & <br> Food Co. Ltd., <br> Class A<br>| 388719 | 506601 |
| \* | Qinchuan Machine <br> Tool & Tool Group <br> Share Co. Ltd., <br> Class A<br>| 445000 | 858574 |
|  | Qingdao Citymedia <br> Co. Ltd., Class A<br>| 543833 | 519029 |
|  | Qingdao East Steel <br> Tower Stock Co. <br> Ltd., Class A<br>| 811575 | 2014254 |
|  | Qingdao Eastsoft <br> Communication <br> Technology Co. <br> Ltd., Class A<br>| 231501 | 500110 |
|  | Qingdao Gaoce <br> Technology Co. <br> Ltd., Class A<br>| 360099 | 579355 |
|  | Qingdao Gon <br> Technology Co. <br> Ltd., Class A<br>| 174800 | 1259891 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Qingdao Haier <br> Biomedical Co. Ltd., <br> Class A<br>| 237232 | $1160876 |
|  | Qingdao Hanhe Cable <br> Co. Ltd., Class A<br>| 1434192 | 756084 |
|  | Qingdao Hiron <br> Commercial Cold <br> Chain Co. Ltd., <br> Class A<br>| 242140 | 478812 |
|  | Qingdao Huicheng <br> Environmental <br> Technology Group <br> Co. Ltd., Class A<br>| 25100 | 543852 |
|  | Qingdao NovelBeam <br> Technology Co. <br> Ltd., Class A<br>| 39179 | 267143 |
| Ω | Qingdao Port <br> International Co. <br> Ltd., Class H<br>| 2642000 | 2415182 |
|  | Qingdao Rural <br> Commercial Bank <br> Corp., Class A<br>| 1531267 | 693254 |
|  | Qingdao Sentury Tire <br> Co. Ltd., Class A<br>| 287460 | 785371 |
|  | Qingdao TGOOD <br> Electric Co. Ltd., <br> Class A<br>| 164900 | 672807 |
|  | Qinghai Huzhu <br> TianYouDe <br> Highland Barley <br> Spirit Co. Ltd., <br> Class A<br>| 234600 | 316187 |
| \* | Qinghai Salt Lake <br> Industry Co. Ltd., <br> Class A<br>| 999300 | 3481119 |
| \* | Qingling Motors Co. <br> Ltd., Class H<br>| 5448000 | 517868 |
|  | Qinhuangdao Port Co. <br> Ltd., Class H<br>| 4826000 | 1807336 |
| \* | QuantumCTek Co. <br> Ltd., Class A<br>| 2968 | 241848 |
| \* | Qudian, Inc., <br> Sponsored ADR<br>| 498849 | 2384498 |
|  | Queclink Wireless <br> Solutions Co. Ltd., <br> Class A<br>| 146350 | 248946 |
|  | Quectel Wireless <br> Solutions Co. Ltd., <br> Class A<br>| 69634 | 927100 |
|  | Quick Intelligent <br> Equipment Co. Ltd., <br> Class A<br>| 126100 | 577225 |

---

539

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| #\* | Radiance Holdings <br> Group Co. Ltd.<br>| 2385000 | $722633 |
|  | Rainbow Digital <br> Commercial Co. <br> Ltd., Class A<br>| 899294 | 682695 |
|  | Range Intelligent <br> Computing <br> Technology Group <br> Co. Ltd., Class A<br>| 50700 | 359848 |
|  | Rayhoo Motor Dies <br> Co. Ltd., Class A<br>| 105944 | 576096 |
|  | Raytron Technology <br> Co. Ltd., Class A<br>| 36484 | 426032 |
|  | Realcan <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 834100 | 337470 |
|  | Red Avenue New <br> Materials Group Co. <br> Ltd., Class A<br>| 61900 | 358792 |
| \*Ω | Red Star Macalline <br> Group Corp. Ltd., <br> Class H<br>| 3090314 | 505072 |
|  | Renhe Pharmacy Co. <br> Ltd., Class A<br>| 933500 | 814929 |
| #\* | REPT BATTERO <br> Energy Co. Ltd., <br> Class H<br>| 35600 | 63881 |
|  | Rianlon Corp., <br> Class A<br>| 142100 | 800020 |
|  | Richinfo Technology <br> Co. Ltd., Class A<br>| 118700 | 447089 |
| \* | Risen Energy Co. <br> Ltd., Class A<br>| 636808 | 963337 |
| \* | RiseSun Real Estate <br> Development Co. <br> Ltd., Class A<br>| 1098102 | 248141 |
|  | Riyue Heavy Industry <br> Co. Ltd., Class A<br>| 312825 | 639241 |
|  | Rizhao Port Co. Ltd., <br> Class A<br>| 3046500 | 1361897 |
|  | RoboTechnik <br> Intelligent <br> Technology Co. <br> Ltd., Class A<br>| 24760 | 778734 |
|  | Rockchip Electronics <br> Co. Ltd., Class A<br>| 25200 | 642893 |
| \* | RongFa Nuclear <br> Equipment Co. Ltd., <br> Class A<br>| 776300 | 862443 |
|  | Rongsheng <br> Petrochemical Co. <br> Ltd., Class A<br>| 1830978 | 2622848 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Roshow Technology <br> Co. Ltd., Class A<br>| 423700 | $528624 |
|  | Ruida Futures Co. <br> Ltd., Class A<br>| 196651 | 653078 |
|  | Runjian Co. Ltd., <br> Class A<br>| 124963 | 772893 |
|  | SAIC Motor Corp. <br> Ltd., Class A<br>| 918355 | 2148666 |
|  | Sailun Group Co. Ltd., <br> Class A<br>| 880500 | 1899434 |
|  | Sanan Optoelectronics <br> Co. Ltd., Class A<br>| 452500 | 882983 |
| \* | SanFeng Intelligent <br> Equipment Group <br> Co. Ltd., Class A<br>| 36100 | 47997 |
|  | Sangfor Technologies, <br> Inc., Class A<br>| 18772 | 345886 |
|  | Sanjiang Shopping <br> Club Co. Ltd., <br> Class A<br>| 297500 | 579178 |
|  | Sanquan Food Co. <br> Ltd., Class A<br>| 407330 | 639224 |
| \* | Sansteel Minguang <br> Co. Ltd. Fujian, <br> Class A<br>| 1339556 | 843520 |
|  | Sansure Biotech, Inc., <br> Class A<br>| 238155 | 737648 |
| \* | Sanwei Holding Group <br> Co. Ltd., Class A<br>| 333300 | 543011 |
|  | Sany Heavy <br> Equipment <br> International <br> Holdings Co. Ltd.<br>| 9234500 | 8717746 |
|  | Sany Heavy Industry <br> Co. Ltd., Class A<br>| 847341 | 2636825 |
|  | Satellite Chemical Co. <br> Ltd., Class A<br>| 1211883 | 3052183 |
|  | SDIC Capital Co. Ltd., <br> Class A<br>| 466300 | 514030 |
|  | SDIC Power Holdings <br> Co. Ltd., Class A<br>| 1011516 | 2040959 |
|  | Sealand Securities <br> Co. Ltd., Class A<br>| 1346700 | 865072 |
| \* | Seazen Group Ltd. | 18081047 | 5094010 |
| \* | Seazen Holdings Co. <br> Ltd., Class A<br>| 307581 | 614055 |
| \*†† | S-Enjoy Service <br> Group Co. Ltd.<br>| 2340000 | 316194 |
|  | Seres Group Co. Ltd., <br> Class A<br>| 157625 | 3442193 |
|  | SF Holding Co. Ltd., <br> Class A<br>| 1155555 | 6550445 |

---

540

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | SG Micro Corp., <br> Class A<br>| 31980 | $331042 |
|  | Shaanxi Beiyuan <br> Chemical Industry <br> Group Co. Ltd., <br> Class A<br>| 669810 | 370982 |
|  | Shaanxi Coal Industry <br> Co. Ltd., Class A<br>| 3029900 | 9668113 |
|  | Shaanxi Construction <br> Engineering Group <br> Corp. Ltd., Class A<br>| 1234100 | 657309 |
| \* | Shaanxi Heimao <br> Coking Co. Ltd., <br> Class A<br>| 879800 | 525482 |
|  | Shan Xi Hua Yang <br> Group New Energy <br> Co. Ltd., Class A<br>| 1472746 | 1656515 |
|  | Shandong Bohui <br> Paper Industrial Co. <br> Ltd., Class A<br>| 832100 | 583866 |
|  | Shandong Buchang <br> Pharmaceuticals <br> Co. Ltd., Class A<br>| 217987 | 531161 |
| \* | Shandong Chenming <br> Paper Holdings <br> Ltd., Class H<br>| 2811533 | 278355 |
|  | Shandong Dawn <br> Polymer Co. Ltd., <br> Class A<br>| 211200 | 735746 |
|  | Shandong Denghai <br> Seeds Co. Ltd., <br> Class A<br>| 605300 | 801023 |
|  | Shandong Dongyue <br> Silicone Material <br> Co. Ltd., Class A<br>| 539200 | 703779 |
| Ω | Shandong Gold <br> Mining Co. Ltd., <br> Class H<br>| 2190500 | 9182841 |
| \* | Shandong Haihua Co. <br> Ltd., Class A<br>| 539800 | 422621 |
|  | Shandong Head <br> Group Co. Ltd., <br> Class A<br>| 189126 | 346387 |
|  | Shandong Himile <br> Mechanical Science <br> & Technology Co. <br> Ltd., Class A<br>| 288241 | 2711812 |
|  | Shandong Hi-speed <br> Co. Ltd., Class A<br>| 233625 | 306413 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shandong Hi-Speed <br> Road & Bridge <br> Group Co. Ltd., <br> Class A<br>| 997600 | $856947 |
|  | Shandong Hualu <br> Hengsheng <br> Chemical Co. Ltd., <br> Class A<br>| 515061 | 1858290 |
|  | Shandong Huatai <br> Paper Industry <br> Shareholding Co. <br> Ltd., Class A<br>| 761160 | 398038 |
|  | Shandong Humon <br> Smelting Co. Ltd., <br> Class A<br>| 524356 | 973176 |
|  | Shandong Jincheng <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 190300 | 467224 |
|  | Shandong Jinjing <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 1118471 | 825389 |
|  | Shandong Linglong <br> Tyre Co. Ltd., <br> Class A<br>| 543382 | 1175162 |
| \* | Shandong Longda <br> Meishi Co. Ltd., <br> Class A<br>| 196100 | 132674 |
|  | Shandong Lukang <br> Pharma, Class A<br>| 564800 | 795686 |
|  | Shandong Nanshan <br> Aluminum Co. Ltd., <br> Class A<br>| 2799880 | 1814001 |
|  | Shandong <br> Pharmaceutical <br> Glass Co. Ltd., <br> Class A<br>| 250000 | 734827 |
|  | Shandong Publishing <br> & Media Co. Ltd., <br> Class A<br>| 852100 | 1001165 |
|  | Shandong Sun Paper <br> Industry JSC Ltd., <br> Class A<br>| 961588 | 1922339 |
|  | Shandong Weifang <br> Rainbow Chemical <br> Co. Ltd., Class A<br>| 121100 | 1260524 |
|  | Shandong Weigao <br> Group Medical <br> Polymer Co. Ltd., <br> Class H<br>| 18219200 | 12753231 |

---

541

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shandong WIT Dyne <br> Health Co. Ltd., <br> Class A<br>| 184500 | $885804 |
|  | Shandong Xiantan Co. <br> Ltd., Class A<br>| 633563 | 561040 |
|  | Shandong Xinhua <br> Pharmaceutical Co. <br> Ltd., Class H<br>| 1303200 | 1166679 |
|  | Shandong Yisheng <br> Livestock & Poultry <br> Breeding Co. Ltd., <br> Class A<br>| 676000 | 854208 |
|  | Shanghai Acrel Co. <br> Ltd., Class A<br>| 129700 | 459923 |
| \* | Shanghai Aerospace <br> Automobile <br> Electromechanical <br> Co. Ltd., Class A<br>| 619600 | 718594 |
| \* | Shanghai Aiko Solar <br> Energy Co. Ltd., <br> Class A<br>| 141400 | 313791 |
| \* | Shanghai AJ Group <br> Co. Ltd., Class A<br>| 883635 | 698304 |
|  | Shanghai Allist <br> Pharmaceuticals <br> Co. Ltd., Class A<br>| 79179 | 1196980 |
|  | Shanghai AtHub Co. <br> Ltd., Class A<br>| 305310 | 1426978 |
|  | Shanghai Bailian <br> Group Co. Ltd., <br> Class A<br>| 589600 | 748466 |
|  | Shanghai Bairun <br> Investment Holding <br> Group Co. Ltd., <br> Class A<br>| 238358 | 843737 |
|  | Shanghai Baolong <br> Automotive Corp., <br> Class A<br>| 109100 | 577973 |
|  | Shanghai Baosight <br> Software Co. Ltd., <br> Class A<br>| 250362 | 809395 |
|  | Shanghai Baosteel <br> Packaging Co. Ltd., <br> Class A<br>| 762664 | 592463 |
|  | Shanghai Belling Co. <br> Ltd., Class A<br>| 26200 | 125939 |
| \*Ω | Shanghai Bio-heart <br> Biological <br> Technology Co. <br> Ltd., Class H<br>| 105900 | 113660 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai BOCHU <br> Electronic <br> Technology Corp. <br> Ltd., Class A<br>| 31544 | $607080 |
|  | Shanghai Bright Meat <br> Group Co. Ltd., <br> Class A<br>| 558700 | 534646 |
|  | Shanghai Chicmax <br> Cosmetic Co. Ltd., <br> Class H<br>| 103400 | 1140300 |
|  | Shanghai <br> Chinafortune Co. <br> Ltd., Class A<br>| 504631 | 1184604 |
|  | Shanghai Chlor-Alkali <br> Chemical Co. Ltd., <br> Class A<br>| 489200 | 751262 |
|  | Shanghai Construction <br> Group Co. Ltd., <br> Class A<br>| 2729435 | 1081723 |
|  | Shanghai Daimay <br> Automotive Interior <br> Co. Ltd., Class A<br>| 666985 | 715563 |
|  | Shanghai Datun <br> Energy Resources <br> Co. Ltd., Class A<br>| 664100 | 1288948 |
|  | Shanghai Dazhong <br> Public Utilities <br> Group Co. Ltd., <br> Class H<br>| 334000 | 189338 |
| \* | Shanghai DZH Ltd., <br> Class A<br>| 90200 | 184094 |
| #\* | Shanghai Electric <br> Group Co. Ltd., <br> Class H<br>| 6970000 | 4064087 |
|  | Shanghai Electric <br> Power Co. Ltd., <br> Class A<br>| 498406 | 2079941 |
|  | Shanghai Environment <br> Group Co. Ltd., <br> Class A<br>| 529002 | 617315 |
| \* | Shanghai Feilo <br> Acoustics Co. Ltd., <br> Class A<br>| 266900 | 306607 |
|  | Shanghai Fengyuzhu <br> Culture & <br> Technology Co. <br> Ltd., Class A<br>| 29200 | 39986 |
| # | Shanghai Fosun <br> Pharmaceutical <br> Group Co. Ltd., <br> Class H<br>| 1647000 | 5044874 |

---

542

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Fudan <br> Microelectronics <br> Group Co. Ltd., <br> Class H<br>| 714000 | $3883663 |
| # | Shanghai <br> Fudan-Zhangjiang <br> Bio-Pharmaceutical <br> Co. Ltd., Class H<br>| 632000 | 265665 |
|  | Shanghai Fullhan <br> Microelectronics Co. <br> Ltd., Class A<br>| 73947 | 490876 |
|  | Shanghai Ganglian <br> E-Commerce <br> Holdings Co. Ltd., <br> Class A<br>| 63832 | 244428 |
|  | Shanghai Gench <br> Education Group <br> Ltd.<br>| 52000 | 17919 |
|  | Shanghai Gentech <br> Co. Ltd., Class A<br>| 121719 | 561998 |
|  | Shanghai Hanbell <br> Precise Machinery <br> Co. Ltd., Class A<br>| 328048 | 1128238 |
| Ω | Shanghai Haohai <br> Biological <br> Technology Co. <br> Ltd., Class H<br>| 185280 | 650743 |
| \*Ω | Shanghai Henlius <br> Biotech, Inc., <br> Class H<br>| 69700 | 625026 |
|  | Shanghai Hile <br> Bio-Technology Co. <br> Ltd., Class A<br>| 125100 | 120816 |
|  | Shanghai Huace <br> Navigation <br> Technology Ltd., <br> Class A<br>| 116949 | 527185 |
|  | Shanghai Huafon <br> Aluminium Corp., <br> Class A<br>| 380200 | 939035 |
|  | Shanghai Huayi <br> Group Co. Ltd., <br> Class A<br>| 654200 | 731235 |
|  | Shanghai Industrial <br> Holdings Ltd.<br>| 3115000 | 5468092 |
| \* | Shanghai Industrial <br> Urban Development <br> Group Ltd.<br>| 16019025 | 700920 |
| \* | Shanghai INT Medical <br> Instruments Co. <br> Ltd., Class H<br>| 96000 | 386254 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai International <br> Airport Co. Ltd., <br> Class A<br>| 40400 | $183362 |
|  | Shanghai Jahwa <br> United Co. Ltd., <br> Class A<br>| 159500 | 562270 |
|  | Shanghai Jinjiang <br> International Hotels <br> Co. Ltd., Class A<br>| 275662 | 872207 |
|  | Shanghai Jinqiao <br> Export Processing <br> Zone Development <br> Co. Ltd., Class A<br>| 240433 | 382733 |
|  | Shanghai Kaibao <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 585400 | 507743 |
|  | Shanghai Kelai <br> Mechatronics <br> Engineering Co. <br> Ltd., Class A<br>| 53300 | 146846 |
|  | Shanghai Liangxin <br> Electrical Co. Ltd., <br> Class A<br>| 552591 | 823403 |
|  | Shanghai Lingang <br> Holdings Corp. Ltd., <br> Class A<br>| 700740 | 1112769 |
|  | Shanghai Lujiazui <br> Finance & Trade <br> Zone Development <br> Co. Ltd., Class A<br>| 187700 | 225837 |
|  | Shanghai M&G <br> Stationery, Inc., <br> Class A<br>| 190499 | 749641 |
|  | Shanghai Mechanical <br> & Electrical Industry <br> Co. Ltd., Class A<br>| 230900 | 879761 |
| \* | Shanghai Medicilon, <br> Inc., Class A<br>| 50608 | 500810 |
|  | Shanghai MicroPort <br> Endovascular <br> MedTech Group Co. <br> Ltd., Class A<br>| 49078 | 702567 |
| \* | Shanghai Milkground <br> Food Tech Co. Ltd., <br> Class A<br>| 246200 | 885456 |
|  | Shanghai Moons' <br> Electric Co. Ltd., <br> Class A<br>| 5400 | 55709 |
| \* | Shanghai New Power <br> Automotive <br> Technology Co. <br> Ltd., Class A<br>| 455000 | 400283 |

---

543

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai <br> Pharmaceuticals <br> Holding Co. Ltd., <br> Class H<br>| 3608200 | $5432687 |
|  | Shanghai Pioneer <br> Holding Ltd.<br>| 3009000 | 808396 |
|  | Shanghai Pret <br> Composites Co. <br> Ltd., Class A<br>| 521200 | 985986 |
|  | Shanghai Pudong <br> Construction Co. <br> Ltd., Class A<br>| 534380 | 606103 |
|  | Shanghai Pudong <br> Development Bank <br> Co. Ltd., Class A<br>| 3427519 | 5541576 |
|  | Shanghai Putailai New <br> Energy Technology <br> Co. Ltd., Class A<br>| 303899 | 1248654 |
|  | Shanghai QiFan <br> Cable Co. Ltd., <br> Class A<br>| 278600 | 734518 |
|  | Shanghai RAAS Blood <br> Products Co. Ltd., <br> Class A<br>| 868012 | 822605 |
|  | Shanghai Runda <br> Medical Technology <br> Co. Ltd., Class A<br>| 400100 | 947061 |
|  | Shanghai Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 995600 | 1194033 |
|  | Shanghai Shibei <br> Hi-Tech Co. Ltd., <br> Class A<br>| 411000 | 356949 |
|  | Shanghai Shyndec <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 420400 | 615655 |
|  | Shanghai Sinyang <br> Semiconductor <br> Materials Co. Ltd., <br> Class A<br>| 24100 | 192677 |
| \* | Shanghai Stonehill <br> Technology Co. <br> Ltd., Class A<br>| 273126 | 304342 |
|  | Shanghai Tongji <br> Science & <br> Technology <br> Industrial Co. Ltd., <br> Class A<br>| 384400 | 802845 |
|  | Shanghai Tunnel <br> Engineering Co. <br> Ltd., Class A<br>| 1033995 | 959690 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Shanghai Vital <br> Microtech Co. Ltd.<br>| 160310 | $418541 |
| Shanghai Waigaoqiao <br> Free Trade Zone <br> Group Co. Ltd., <br> Class A<br>| 261561 | 402110 |
| Shanghai Yaoji <br> Technology Co. <br> Ltd., Class A<br>| 231500 | 844383 |
| Shanghai Yct <br> Electronics Group <br> Co. Ltd., Class A<br>| 20180 | 133767 |
| Shanghai Yuyuan <br> Tourist Mart Group <br> Co. Ltd., Class A<br>| 669100 | 522903 |
| Shanghai Zhangjiang <br> High-Tech Park <br> Development Co. <br> Ltd., Class A<br>| 141157 | 884441 |
| Shanghai Zhenhua <br> Heavy Industries <br> Co. Ltd., Class A<br>| 1059300 | 704368 |
| Shanghai Zhonggu <br> Logistics Co. Ltd., <br> Class A<br>| 931400 | 1448162 |
| Shanghai Zijiang <br> Enterprise Group <br> Co. Ltd., Class A<br>| 1126382 | 1250508 |
| Shanjin International <br> Gold Co. Ltd., <br> Class A<br>| 550580 | 1682955 |
| Shannon <br> Semiconductor <br> Technology Co. <br> Ltd., Class A<br>| 79000 | 1469599 |
| Shantou Wanshun <br> New Material Group <br> Co. Ltd., Class A<br>| 351700 | 313851 |
| Shantui Construction <br> Machinery Co. Ltd., <br> Class A<br>| 645400 | 1049938 |
| Shanxi Blue Flame <br> Holding Co. Ltd., <br> Class A<br>| 1010498 | 1028873 |
| Shanxi Coal <br> International Energy <br> Group Co. Ltd., <br> Class A<br>| 837600 | 1299894 |
| Shanxi Coking Co. <br> Ltd., Class A<br>| 1285597 | 771692 |

---

544

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanxi Coking Coal <br> Energy Group Co. <br> Ltd., Class A<br>| 1766141 | $1817631 |
| \* | Shanxi Guoxin Energy <br> Corp. Ltd., Class A<br>| 1859360 | 923267 |
|  | Shanxi Hi-speed <br> Group Co. Ltd., <br> Class A<br>| 1211300 | 882543 |
|  | Shanxi Lanhua <br> Sci-Tech Venture <br> Co. Ltd., Class A<br>| 956191 | 904638 |
| \* | Shanxi Lu'an <br> Chemical <br> Technology Co. <br> Ltd., Class A<br>| 979900 | 395626 |
|  | Shanxi Lu'an <br> Environmental <br> Energy <br> Development Co. <br> Ltd., Class A<br>| 1076748 | 2239963 |
| \* | Shanxi Meijin Energy <br> Co. Ltd., Class A<br>| 874700 | 644336 |
|  | Shanxi Securities Co. <br> Ltd., Class A<br>| 405800 | 365219 |
| \* | Shanxi Taigang <br> Stainless Steel Co. <br> Ltd., Class A<br>| 934292 | 552931 |
|  | Shanxi Xinghuacun <br> Fen Wine Factory <br> Co. Ltd., Class A<br>| 188729 | 5056667 |
| \* | Shanxi Zhendong <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 299400 | 294011 |
|  | Sharetronic Data <br> Technology Co. <br> Ltd., Class A<br>| 51660 | 1178128 |
|  | Shede Spirits Co. Ltd., <br> Class A<br>| 84400 | 736308 |
|  | Shenergy Co. Ltd., <br> Class A<br>| 1024033 | 1184752 |
|  | Shengda Resources <br> Co. Ltd., Class A<br>| 271930 | 898374 |
|  | Shenghe Resources <br> Holding Co. Ltd., <br> Class A<br>| 299200 | 977155 |
|  | Shenguan Holdings <br> Group Ltd.<br>| 4272000 | 148343 |
|  | Shengyi Electronics <br> Co. Ltd., Class A<br>| 62065 | 947904 |
|  | Shengyi Technology <br> Co. Ltd., Class A<br>| 387682 | 3495527 |
|  | Shenma Industry Co. <br> Ltd., Class A<br>| 438700 | 612649 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shennan Circuits Co. <br> Ltd., Class A<br>| 103457 | $3114379 |
| #Ω | Shenwan Hongyuan <br> Group Co. Ltd., <br> Class H<br>| 4025600 | 1771285 |
| \* | Shenyang Jinbei <br> Automotive Co. <br> Ltd., Class A<br>| 880500 | 576225 |
|  | Shenyang Xingqi <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 73617 | 829264 |
|  | Shenzhen Agricultural <br> Power Group Co. <br> Ltd., Class A<br>| 921538 | 1106944 |
|  | Shenzhen Airport Co. <br> Ltd., Class A<br>| 934083 | 948383 |
|  | Shenzhen Aisidi Co. <br> Ltd., Class A<br>| 795938 | 1387671 |
| \* | Shenzhen Baoming <br> Technology Co. <br> Ltd., Class A<br>| 5300 | 39963 |
|  | Shenzhen Batian <br> Ecotypic <br> Engineering Co. <br> Ltd., Class A<br>| 495700 | 776316 |
|  | Shenzhen BSC <br> Technology Co. <br> Ltd., Class A<br>| 75300 | 387741 |
|  | Shenzhen Capchem <br> Technology Co. <br> Ltd., Class A<br>| 73040 | 545029 |
|  | Shenzhen Center <br> Power Tech Co. <br> Ltd., Class A<br>| 200200 | 644817 |
|  | Shenzhen Cereals <br> Holdings Co. Ltd., <br> Class A<br>| 581050 | 570448 |
|  | Shenzhen Changhong <br> Technology Co. <br> Ltd., Class A<br>| 297500 | 573834 |
|  | Shenzhen Click <br> Technology Co. <br> Ltd., Class A<br>| 222400 | 588782 |
| \* | Shenzhen Clou <br> Electronics Co. Ltd., <br> Class A<br>| 24100 | 29642 |
|  | Shenzhen Colibri <br> Technologies Co. <br> Ltd., Class A<br>| 201400 | 630694 |
|  | Shenzhen Comix <br> Group Co. Ltd., <br> Class A<br>| 314200 | 284272 |

---

545

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Das <br> Intellitech Co. Ltd., <br> Class A<br>| 970200 | $446236 |
|  | Shenzhen Desay <br> Battery Technology <br> Co., Class A<br>| 300481 | 1186942 |
| \* | Shenzhen Dynanonic <br> Co. Ltd., Class A<br>| 120687 | 779315 |
|  | Shenzhen Energy <br> Group Co. Ltd., <br> Class A<br>| 817400 | 807835 |
|  | Shenzhen Envicool <br> Technology Co. <br> Ltd., Class A<br>| 195845 | 1929728 |
|  | Shenzhen Everwin <br> Precision <br> Technology Co. <br> Ltd., Class A<br>| 293460 | 1568102 |
| # | Shenzhen <br> Expressway Corp. <br> Ltd., Class H<br>| 3812000 | 3564239 |
|  | Shenzhen Farben <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 79600 | 260684 |
|  | Shenzhen Fastprint <br> Circuit Tech Co. <br> Ltd., Class A<br>| 264622 | 794632 |
| \* | Shenzhen Feima <br> International Supply <br> Chain Co. Ltd., <br> Class A<br>| 741800 | 438740 |
| \* | Shenzhen Fenda <br> Technology Co. <br> Ltd., Class A<br>| 584800 | 547604 |
|  | Shenzhen Fortune <br> Trend Technology <br> Co. Ltd., Class A<br>| 4629 | 93419 |
|  | Shenzhen FRD <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 189233 | 836607 |
|  | Shenzhen Fuanna <br> Bedding & <br> Furnishing Co. Ltd., <br> Class A<br>| 519200 | 525611 |
|  | Shenzhen Gas Corp. <br> Ltd., Class A<br>| 879816 | 831073 |
| \* | Shenzhen Gongjin <br> Electronics Co. Ltd., <br> Class A<br>| 398103 | 668225 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Goodix <br> Technology Co. <br> Ltd., Class A<br>| 19000 | $219596 |
|  | Shenzhen H&T <br> Intelligent Control <br> Co. Ltd., Class A<br>| 213100 | 1539055 |
| Ω | Shenzhen Hepalink <br> Pharmaceutical <br> Group Co. Ltd., <br> Class H<br>| 569000 | 393521 |
|  | Shenzhen Honor <br> Electronic Co. Ltd., <br> Class A<br>| 33177 | 907559 |
|  | Shenzhen Hopewind <br> Electric Co. Ltd., <br> Class A<br>| 86100 | 365170 |
|  | Shenzhen Huaqiang <br> Industry Co. Ltd., <br> Class A<br>| 42900 | 167555 |
| \* | Shenzhen Infogem <br> Technologies Co. <br> Ltd., Class A<br>| 12300 | 81990 |
|  | Shenzhen Inovance <br> Technology Co. <br> Ltd., Class A<br>| 147975 | 1601037 |
| # | Shenzhen <br> International <br> Holdings Ltd.<br>| 9974164 | 10339103 |
| #\* | Shenzhen Investment <br> Ltd.<br>| 19647674 | 2123574 |
|  | Shenzhen Invt Electric <br> Co. Ltd., Class A<br>| 460800 | 583447 |
|  | Shenzhen Jieshun <br> Science & <br> Technology Industry <br> Co. Ltd., Class A<br>| 333400 | 456406 |
| \* | Shenzhen Jinjia <br> Group Co. Ltd., <br> Class A<br>| 875400 | 549189 |
|  | Shenzhen Jufei <br> Optoelectronics Co. <br> Ltd., Class A<br>| 806500 | 758943 |
|  | Shenzhen Kaifa <br> Technology Co. <br> Ltd., Class A<br>| 292821 | 1123985 |
|  | Shenzhen Kangtai <br> Biological Products <br> Co. Ltd., Class A<br>| 176644 | 427168 |
|  | Shenzhen Kedali <br> Industry Co. Ltd., <br> Class A<br>| 91320 | 2312792 |

---

546

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Shenzhen Kingdom <br> Sci-Tech Co. Ltd., <br> Class A<br>| 72700 | $172052 |
|  | Shenzhen Kingkey <br> Smart Agriculture <br> Times Co. Ltd., <br> Class A<br>| 603700 | 1394823 |
|  | Shenzhen Kinwong <br> Electronic Co. Ltd., <br> Class A<br>| 199824 | 2037350 |
|  | Shenzhen Kstar <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 215400 | 1303266 |
|  | Shenzhen Laibao <br> Hi-tech Co. Ltd., <br> Class A<br>| 463500 | 727189 |
|  | Shenzhen Leaguer <br> Co. Ltd., Class A<br>| 679300 | 880884 |
|  | Shenzhen Lifotronic <br> Technology Co. <br> Ltd., Class A<br>| 286341 | 555523 |
|  | Shenzhen Megmeet <br> Electrical Co. Ltd., <br> Class A<br>| 108116 | 1156073 |
|  | Shenzhen Microgate <br> Technology Co. <br> Ltd., Class A<br>| 508900 | 907853 |
|  | Shenzhen Mindray <br> Bio-Medical <br> Electronics Co. Ltd., <br> Class A<br>| 181372 | 5483445 |
|  | Shenzhen MTC Co. <br> Ltd., Class A<br>| 1266138 | 1094753 |
| \* | Shenzhen Neptunus <br> Bioengineering Co. <br> Ltd., Class A<br>| 856700 | 303624 |
|  | Shenzhen New <br> Industries <br> Biomedical <br> Engineering Co. <br> Ltd., Class A<br>| 174100 | 1493116 |
| \* | Shenzhen New <br> Nanshan Holding <br> Group Co. Ltd., <br> Class A<br>| 1534701 | 671406 |
|  | Shenzhen Noposin <br> Crop Science Co. <br> Ltd., Class A<br>| 529100 | 906917 |
| \* | Shenzhen Overseas <br> Chinese Town Co. <br> Ltd., Class A<br>| 1667976 | 558503 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Shenzhen Pagoda <br> Industrial Group <br> Corp. Ltd., Class H<br>| 1857500 | $487701 |
| Shenzhen Qingyi <br> Photomask Ltd., <br> Class A<br>| 100308 | 405890 |
| Shenzhen Salubris <br> Pharmaceuticals <br> Co. Ltd., Class A<br>| 53000 | 444117 |
| Shenzhen SC New <br> Energy Technology <br> Corp., Class A<br>| 113071 | 1501356 |
| Shenzhen SED <br> Industry Co. Ltd., <br> Class A<br>| 257489 | 750493 |
| Shenzhen SEG Co. <br> Ltd., Class A<br>| 585000 | 815193 |
| Shenzhen Senior <br> Technology Material <br> Co. Ltd., Class A<br>| 359770 | 720063 |
| Shenzhen Sinexcel <br> Electric Co. Ltd., <br> Class A<br>| 189550 | 1114519 |
| Shenzhen Sunline <br> Tech Co. Ltd., <br> Class A<br>| 89300 | 185616 |
| Shenzhen Sunlord <br> Electronics Co. Ltd., <br> Class A<br>| 262070 | 1407653 |
| Shenzhen Sunnypol <br> Optoelectronics Co. <br> Ltd., Class A<br>| 79900 | 267834 |
| Shenzhen Sunway <br> Communication Co. <br> Ltd., Class A<br>| 186354 | 936271 |
| Shenzhen Tagen <br> Group Co. Ltd., <br> Class A<br>| 1206545 | 642689 |
| Shenzhen Topband <br> Co. Ltd., Class A<br>| 454871 | 881896 |
| Shenzhen Topraysolar <br> Co. Ltd., Class A<br>| 904200 | 463894 |
| Shenzhen Topway <br> Video <br> Communication Co. <br> Ltd., Class A<br>| 402400 | 480171 |
| Shenzhen Transsion <br> Holdings Co. Ltd., <br> Class A<br>| 121820 | 1305852 |
| Shenzhen United <br> Winners Laser Co. <br> Ltd., Class A<br>| 148876 | 545555 |

---

547

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Weiguang <br> Biological Products <br> Co. Ltd., Class A<br>| 78000 | $300174 |
|  | Shenzhen Woer <br> Heat-Shrinkable <br> Material Co. Ltd., <br> Class A<br>| 322100 | 1251836 |
|  | Shenzhen Yan Tian <br> Port Holding Co. <br> Ltd., Class A<br>| 880296 | 564239 |
|  | Shenzhen Yinghe <br> Technology Co. <br> Ltd., Class A<br>| 419786 | 1766783 |
| \* | Shenzhen Yitoa <br> Intelligent Control <br> Co. Ltd., Class A<br>| 361100 | 579717 |
| \* | Shenzhen Ysstech <br> Info-tech Co. Ltd., <br> Class A<br>| 27400 | 78312 |
|  | Shenzhen YUTO <br> Packaging <br> Technology Co. <br> Ltd., Class A<br>| 275880 | 1058648 |
|  | Shenzhen Zhaowei <br> Machinery & <br> Electronic Co. Ltd., <br> Class A<br>| 3300 | 54979 |
|  | Shenzhen Zhongjin <br> Lingnan Nonfemet <br> Co. Ltd., Class A<br>| 2368280 | 1835850 |
|  | Shenzhou <br> International Group <br> Holdings Ltd.<br>| 3370600 | 29094373 |
| \* | Shida Shinghwa <br> Advanced Material <br> Group Co. Ltd., <br> Class A<br>| 73800 | 671831 |
| \* | Shijiazhuang <br> Changshan BeiMing <br> Technology Co. <br> Ltd., Class A<br>| 28300 | 91798 |
|  | Shijiazhuang Yiling <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 255601 | 642653 |
|  | Shinva Medical <br> Instrument Co. Ltd., <br> Class A<br>| 529440 | 1156275 |
| # | Shiyue Daotian Group <br> Co. Ltd., Class H<br>| 258000 | 278448 |
| # | Shoucheng Holdings <br> Ltd.<br>| 13847640 | 3891182 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shougang Century <br> Holdings Ltd.<br>| 266000 | $26665 |
| # | Shougang Fushan <br> Resources Group <br> Ltd.<br>| 20643003 | 8099446 |
| †† | Shouhang High-Tech <br> Energy Co. Ltd., <br> Class A<br>| 1336400 | 13151 |
| \* | Shuangliang <br> Eco-Energy <br> Systems Co. Ltd., <br> Class A<br>| 1648200 | 1602099 |
|  | Shui On Land Ltd. | 26574776 | 2424710 |
| \* | Siasun Robot & <br> Automation Co. <br> Ltd., Class A<br>| 22500 | 58330 |
|  | Sichuan Changhong <br> Electric Co. Ltd., <br> Class A<br>| 591900 | 848236 |
| \* | Sichuan Chengfei <br> Integration <br> Technology Corp., <br> Class A<br>| 160100 | 953578 |
|  | Sichuan Chuantou <br> Energy Co. Ltd., <br> Class A<br>| 517808 | 1071565 |
|  | Sichuan Development <br> Lomon Co. Ltd., <br> Class A<br>| 273900 | 429899 |
|  | Sichuan EM <br> Technology Co. <br> Ltd., Class A<br>| 415700 | 1164724 |
|  | Sichuan Expressway <br> Co. Ltd., Class H<br>| 4528000 | 2979667 |
|  | Sichuan Furong <br> Technology Co. <br> Ltd., Class A<br>| 253444 | 327765 |
| \* | Sichuan Haite <br> High-tech Co. Ltd., <br> Class A<br>| 415083 | 732140 |
|  | Sichuan Hebang <br> Biotechnology Co. <br> Ltd., Class A<br>| 1753420 | 537109 |
| \* | Sichuan Hexie <br> Shuangma Co. Ltd., <br> Class A<br>| 419843 | 1200453 |
| \* | Sichuan Hongda Co. <br> Ltd., Class A<br>| 431900 | 663321 |
|  | Sichuan Injet Electric <br> Co. Ltd., Class A<br>| 118225 | 878249 |

---

548

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sichuan Jiuyuan <br> Yinhai Software Co. <br> Ltd., Class A<br>| 72505 | $196578 |
|  | Sichuan Jiuzhou <br> Electric Co. Ltd., <br> Class A<br>| 27100 | 58368 |
|  | Sichuan Kelun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 371963 | 1829522 |
| \* | Sichuan Kelun-Biotech <br> Biopharmaceutical <br> Co. Ltd., Class H<br>| 25600 | 1471635 |
| \* | Sichuan Lutianhua <br> Co. Ltd., Class A<br>| 966300 | 582694 |
|  | Sichuan New Energy <br> Power Co. Ltd., <br> Class A<br>| 405000 | 700067 |
|  | Sichuan Road & <br> Bridge Group Co. <br> Ltd., Class A<br>| 2053960 | 2737392 |
|  | Sichuan Swellfun Co. <br> Ltd., Class A<br>| 128805 | 765788 |
|  | Sichuan Teway Food <br> Group Co. Ltd., <br> Class A<br>| 513900 | 862246 |
|  | Sichuan Yahua <br> Industrial Group Co. <br> Ltd., Class A<br>| 320700 | 916200 |
| # | Sihuan <br> Pharmaceutical <br> Holdings Group <br> Ltd.<br>| 25679000 | 4894553 |
|  | SIIC Environment <br> Holdings Ltd. (807 <br> HK)<br>| 259000 | 37312 |
| Ω | Simcere <br> Pharmaceutical <br> Group Ltd.<br>| 4706000 | 7495425 |
|  | Sineng Electric Co. <br> Ltd., Class A<br>| 227500 | 1030092 |
|  | Sino <br> Biopharmaceutical <br> Ltd.<br>| 29503495 | 26875671 |
|  | Sino Wealth Electronic <br> Ltd., Class A<br>| 62139 | 238685 |
|  | Sino-Agri Leading <br> Biosciences Co. <br> Ltd., Class A<br>| 28900 | 53978 |
|  | Sinocare, Inc., <br> Class A<br>| 213460 | 568293 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Sinochem <br> International Corp., <br> Class A<br>| 963337 | $566030 |
|  | Sinofert Holdings Ltd. | 16608673 | 3247751 |
|  | Sinofibers Technology <br> Co. Ltd., Class A<br>| 70000 | 316729 |
|  | Sinolink Securities Co. <br> Ltd., Class A<br>| 403500 | 560261 |
|  | Sinoma International <br> Engineering Co., <br> Class A<br>| 1171750 | 1568862 |
|  | Sinoma Science & <br> Technology Co. <br> Ltd., Class A<br>| 195495 | 952093 |
|  | Sinomach Automobile <br> Co. Ltd., Class A<br>| 1090150 | 955635 |
| \* | Sinomach Heavy <br> Equipment Group <br> Co. Ltd., Class A<br>| 603500 | 300306 |
|  | Sinomach Precision <br> Industry Group Co. <br> Ltd., Class A<br>| 351000 | 1412990 |
|  | Sinomine Resource <br> Group Co. Ltd., <br> Class A<br>| 139140 | 1101169 |
|  | Sinopec Engineering <br> Group Co. Ltd., <br> Class H<br>| 10926000 | 10292347 |
| # | Sinopec Kantons <br> Holdings Ltd.<br>| 7660000 | 3962234 |
| \* | Sinopec Oilfield <br> Equipment Corp., <br> Class A<br>| 775385 | 792029 |
| \* | Sinopec Oilfield <br> Service Corp., <br> Class H<br>| 16120000 | 1599078 |
|  | Sinopec Shanghai <br> Petrochemical Co. <br> Ltd., Class H<br>| 20941000 | 3584166 |
|  | Sinopep-Allsino Bio <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 63467 | 346679 |
|  | Sinopharm Group Co. <br> Ltd., Class H<br>| 9206800 | 22948552 |
|  | Sino-Platinum Metals <br> Co. Ltd., Class A<br>| 307813 | 719349 |
|  | Sinoseal Holding Co. <br> Ltd., Class A<br>| 131727 | 644422 |
|  | Sinosoft Co. Ltd., <br> Class A<br>| 228580 | 681863 |
|  | Sinosteel Engineering <br> & Technology Co. <br> Ltd., Class A<br>| 1184268 | 1065467 |

---

549

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sinosteel New <br> Materials Co. Ltd., <br> Class A<br>| 366200 | $563829 |
| # | Sinotrans Ltd., <br> Class H<br>| 19256000 | 13088507 |
|  | Sinotruk Hong Kong <br> Ltd.<br>| 5474000 | 18287733 |
|  | Sinotruk Jinan Truck <br> Co. Ltd., Class A<br>| 474273 | 1210060 |
|  | Skshu Paint Co. Ltd., <br> Class A<br>| 101248 | 627721 |
|  | Skyworth Digital Co. <br> Ltd., Class A<br>| 240699 | 459940 |
| \* | Skyworth Group Ltd. | 208000 | 105410 |
| #Ω | Smoore International <br> Holdings Ltd.<br>| 3419000 | 5758026 |
|  | Snowsky Salt Industry <br> Group Co. Ltd., <br> Class A<br>| 920100 | 737297 |
| \* | SOHO China Ltd. | 16278839 | 1153918 |
|  | Soho Holly Futures <br> Co. Ltd., Class H<br>| 47000 | 23250 |
| \* | Sohu.com Ltd., ADR | 72129 | 1074722 |
|  | Sokan New Materials <br> Group Co. Ltd., <br> Class A<br>| 4137 | 19201 |
|  | Solareast Holdings <br> Co. Ltd., Class A<br>| 354700 | 504048 |
|  | Songcheng <br> Performance <br> Development Co. <br> Ltd., Class A<br>| 299500 | 338194 |
|  | Sonoscape Medical <br> Corp., Class A<br>| 59900 | 241508 |
|  | SooChow Securities <br> Co. Ltd., Class A<br>| 903921 | 1219265 |
| #\* | South Manganese <br> Investment Ltd.<br>| 4644000 | 269239 |
|  | Southern Publishing & <br> Media Co. Ltd., <br> Class A<br>| 766000 | 1523031 |
|  | Southwest Securities <br> Co. Ltd., Class A<br>| 1209100 | 805489 |
| # | So-Young <br> International, Inc., <br> ADR<br>| 39017 | 113539 |
|  | SPIC Industry-Finance <br> Holdings Co. Ltd., <br> Class A<br>| 79600 | 73873 |
| \* | SPIC Yuanda <br> Environmental-Protection <br> Co. Ltd., Class A<br>| 1285000 | 2413238 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Spring Airlines Co. <br> Ltd., Class A<br>| 184900 | $1392784 |
| # | SSY Group Ltd. | 13502506 | 5390090 |
|  | Stanley Agricultural <br> Group Co. Ltd., <br> Class A<br>| 751500 | 1029735 |
|  | Star Lake Bioscience <br> Co., Inc. Zhaoqing <br> Guangdong, <br> Class A<br>| 1128400 | 1139883 |
|  | StarPower <br> Semiconductor Ltd., <br> Class A<br>| 36220 | 532964 |
|  | State Grid Information <br> & Communication <br> Co. Ltd., Class A<br>| 316526 | 820153 |
|  | State Grid Yingda Co. <br> Ltd., Class A<br>| 802300 | 727804 |
|  | STO Express Co. Ltd., <br> Class A<br>| 1103600 | 2402178 |
|  | Sufa Technology <br> Industry Co. Ltd. <br> CNNC, Class A<br>| 151300 | 447648 |
|  | Sumavision <br> Technologies Co. <br> Ltd., Class A<br>| 737200 | 585326 |
|  | Sumec Corp. Ltd., <br> Class A<br>| 894200 | 1421517 |
|  | Sun Art Retail Group <br> Ltd.<br>| 14229500 | 3457870 |
| \* | Sun Create <br> Electronics Co. Ltd., <br> Class A<br>| 120797 | 446959 |
| # | Sun King Technology <br> Group Ltd.<br>| 6342000 | 1649599 |
|  | Sunflower <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 591800 | 1214059 |
|  | Sungrow Power <br> Supply Co. Ltd., <br> Class A<br>| 338643 | 9035170 |
|  | Suning Universal Co. <br> Ltd., Class A<br>| 1679000 | 601702 |
|  | Sunny Optical <br> Technology Group <br> Co. Ltd.<br>| 3287400 | 31768436 |
|  | Sunresin New <br> Materials Co. Ltd., <br> Class A<br>| 108300 | 845480 |
|  | Sunrise Group Co. <br> Ltd., Class A<br>| 664930 | 540285 |

---

550

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| #\* | Sunshine Lake <br> Pharma Co. Ltd.<br>| 568298 | $3349576 |
|  | Sunstone <br> Development Co. <br> Ltd., Class A<br>| 214600 | 742798 |
|  | Suntak Technology <br> Co. Ltd., Class A<br>| 571800 | 1144706 |
|  | Sunward Intelligent <br> Equipment Co. Ltd., <br> Class A<br>| 746500 | 1390111 |
|  | Sunwoda Electronic <br> Co. Ltd., Class A<br>| 196799 | 992043 |
|  | Suofeiya Home <br> Collection Co. Ltd., <br> Class A<br>| 313634 | 573688 |
|  | SUPCON Technology <br> Co. Ltd., Class A<br>| 68807 | 506019 |
|  | Suzhou Anjie <br> Technology Co. <br> Ltd., Class A<br>| 289500 | 566382 |
|  | Suzhou Dongshan <br> Precision <br> Manufacturing Co. <br> Ltd., Class A<br>| 248367 | 2390902 |
|  | Suzhou Gold Mantis <br> Construction <br> Decoration Co. Ltd., <br> Class A<br>| 1468747 | 701868 |
|  | Suzhou Good-Ark <br> Electronics Co. Ltd., <br> Class A<br>| 305437 | 439742 |
| \* | Suzhou HYC <br> Technology Co. <br> Ltd., Class A<br>| 55045 | 236126 |
|  | Suzhou Maxwell <br> Technologies Co. <br> Ltd., Class A<br>| 59773 | 884309 |
|  | Suzhou New District <br> Hi-Tech Industrial <br> Co. Ltd., Class A<br>| 364500 | 304594 |
|  | Suzhou Secote <br> Precision Electronic <br> Co. Ltd., Class A<br>| 103544 | 697952 |
| \* | Suzhou SLAC <br> Precision <br> Equipment Co. Ltd., <br> Class A<br>| 185900 | 384991 |
|  | Suzhou Sushi Testing <br> Group Co. Ltd., <br> Class A<br>| 294721 | 648760 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Suzhou TFC Optical <br> Communication Co. <br> Ltd., Class A<br>| 126660 | $2793248 |
|  | Suzhou TZTEK <br> Technology Co. <br> Ltd., Class A<br>| 62199 | 473584 |
|  | Suzhou Veichi Electric <br> Co. Ltd., Class A<br>| 49957 | 605004 |
| \* | Suzhou Zelgen <br> Biopharmaceutical <br> Co. Ltd., Class A<br>| 11411 | 166660 |
| \* | SVG Optronics Co. <br> Ltd., Class A<br>| 48200 | 245186 |
|  | SY Holdings Group <br> Ltd.<br>| 2319000 | 3368599 |
|  | Symphony Holdings <br> Ltd.<br>| 7630000 | 1474793 |
| \* | SYoung Group Co. <br> Ltd., Class A<br>| 223433 | 641761 |
|  | T&S Communications <br> Co. Ltd., Class A<br>| 25000 | 350781 |
|  | Taiji Computer Corp. <br> Ltd., Class A<br>| 90628 | 342346 |
| \* | Taiyuan Heavy <br> Industry Co. Ltd., <br> Class A<br>| 2349200 | 918169 |
| \* | Talkweb Information <br> System Co. Ltd., <br> Class A<br>| 62200 | 299917 |
| \* | Tangrenshen Group <br> Co. Ltd., Class A<br>| 854285 | 573029 |
|  | TangShan Port Group <br> Co. Ltd., Class A<br>| 1476730 | 824564 |
|  | Tangshan Sanyou <br> Chemical Industries <br> Co. Ltd., Class A<br>| 1177139 | 943103 |
|  | Tangshan Sunfar <br> Silicon Industry Co. <br> Ltd., Class A<br>| 46000 | 120155 |
|  | Tansun Technology <br> Co. Ltd., Class A<br>| 40000 | 124511 |
| \* | Tanwan, Inc. | 90400 | 172285 |
|  | Tasly Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 349900 | 759875 |
|  | Tayho Advanced <br> Materials Group Co. <br> Ltd., Class A<br>| 488700 | 689625 |
|  | TBEA Co. Ltd., <br> Class A<br>| 1205180 | 3317691 |
|  | TCL Electronics <br> Holdings Ltd.<br>| 8352932 | 9917566 |

---

551

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | TCL Technology <br> Group Corp., <br> Class A<br>| 4478818 | $2715620 |
|  | TCL Zhonghuan <br> Renewable Energy <br> Technology Co. <br> Ltd., Class A<br>| 521852 | 694053 |
|  | TDG Holdings Co. <br> Ltd., Class A<br>| 694500 | 1003213 |
| \*†† | Tech-Pro, Inc. | 37652000 | 0 |
| \* | Tellhow Sci-Tech Co. <br> Ltd., Class A<br>| 372100 | 487361 |
|  | Telling <br> Telecommunication <br> Holding Co. Ltd., <br> Class A<br>| 190300 | 269818 |
|  | Ten Pao Group <br> Holdings Ltd.<br>| 1144000 | 334062 |
|  | Tencent Holdings Ltd. | 11495400 | 933744879 |
|  | Tencent Music <br> Entertainment <br> Group, ADR<br>| 1103923 | 24639561 |
| # | Tenfu Cayman <br> Holdings Co. Ltd.<br>| 101000 | 38486 |
|  | Three Squirrels, Inc., <br> Class A<br>| 156800 | 519654 |
|  | Three's Co. Media <br> Group Co. Ltd., <br> Class A<br>| 113992 | 461606 |
|  | Thunder Software <br> Technology Co. <br> Ltd., Class A<br>| 11800 | 114049 |
|  | Tian An China <br> Investment Co. Ltd.<br>| 1336357 | 781130 |
|  | Tian Di Science & <br> Technology Co. <br> Ltd., Class A<br>| 871000 | 731924 |
| # | Tian Lun Gas <br> Holdings Ltd.<br>| 740000 | 308199 |
| \*†† | Tian Shan <br> Development <br> Holding Ltd.<br>| 1584000 | 0 |
|  | Tiande Chemical <br> Holdings Ltd.<br>| 496000 | 91482 |
| \* | Tianfeng Securities <br> Co. Ltd., Class A<br>| 963100 | 709414 |
| # | Tiangong International <br> Co. Ltd.<br>| 9606000 | 3637825 |
| \* | Tianjin 712 <br> Communication & <br> Broadcasting Co. <br> Ltd., Class A<br>| 103284 | 291748 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Tianjin Capital <br> Environmental <br> Protection Group <br> Co. Ltd., Class H<br>| 2506000 | $1375249 |
|  | Tianjin Chase Sun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 1516051 | 814155 |
|  | Tianjin Development <br> Holdings Ltd.<br>| 1963800 | 657016 |
|  | Tianjin Pharmaceutical <br> Da Re Tang Group <br> Corp. Ltd., Class A<br>| 56221 | 356855 |
|  | Tianjin Port Co. Ltd., <br> Class A<br>| 922828 | 623826 |
|  | Tianjin Port <br> Development <br> Holdings Ltd.<br>| 11851200 | 1084962 |
|  | Tianjin Ringpu <br> Bio-Technology Co. <br> Ltd., Class A<br>| 320970 | 972742 |
|  | Tianjin TEDA <br> Resources <br> Recycling Group <br> Co. Ltd., Class A<br>| 923601 | 551236 |
|  | Tianjin You Fa Steel <br> Pipe Group Stock <br> Co. Ltd., Class A<br>| 894400 | 826086 |
| \* | Tianma <br> Microelectronics Co. <br> Ltd., Class A<br>| 793112 | 1083129 |
|  | Tianneng Battery <br> Group Co. Ltd., <br> Class A<br>| 115564 | 550672 |
|  | Tianneng Power <br> International Ltd.<br>| 7163952 | 7941805 |
| #\* | Tianqi Lithium Corp., <br> Class H<br>| 474600 | 2917402 |
|  | Tianrun Industry <br> Technology Co. <br> Ltd., Class A<br>| 1010800 | 905227 |
|  | Tianshan Aluminum <br> Group Co. Ltd., <br> Class A<br>| 1628800 | 3058933 |
| \* | TianShan Material Co. <br> Ltd., Class A<br>| 458401 | 388072 |
|  | Tianshui Huatian <br> Technology Co. <br> Ltd., Class A<br>| 618107 | 1048810 |
|  | Tibet Cheezheng <br> Tibetan Medicine <br> Co. Ltd., Class A<br>| 63700 | 229112 |

---

552

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Tibet Huayu Mining <br> Co. Ltd., Class A<br>| 130500 | $546294 |
|  | Tibet Mineral <br> Development Co. <br> Ltd., Class A<br>| 113800 | 420929 |
|  | Tibet Rhodiola <br> Pharmaceutical <br> Holding Co., <br> Class A<br>| 98110 | 640374 |
| \* | Tibet Water <br> Resources Ltd.<br>| 6597000 | 535043 |
|  | Time Interconnect <br> Technology Ltd.<br>| 2158000 | 4340706 |
|  | Tinergy Chemical Co. <br> Ltd., Class A<br>| 848073 | 665239 |
|  | Tingyi Cayman <br> Islands Holding <br> Corp.<br>| 9616000 | 13193427 |
|  | Titan Wind Energy <br> Suzhou Co. Ltd., <br> Class A<br>| 1062759 | 1144312 |
|  | TK Group Holdings <br> Ltd.<br>| 466000 | 152683 |
|  | TKD Science & <br> Technology Co. <br> Ltd., Class A<br>| 197108 | 410759 |
|  | Tofflon Science & <br> Technology Group <br> Co. Ltd., Class A<br>| 386444 | 920984 |
|  | Toly Bread Co. Ltd., <br> Class A<br>| 977334 | 748846 |
|  | Tomson Group Ltd. | 3087259 | 1075018 |
| # | Tong Ren Tang <br> Technologies Co. <br> Ltd., Class H<br>| 4433000 | 2645359 |
|  | Tongcheng Travel <br> Holdings Ltd.<br>| 8107600 | 22310547 |
|  | Tongdao Liepin <br> Group<br>| 1578200 | 646591 |
| \* | Tongding <br> Interconnection <br> Information Co. <br> Ltd., Class A<br>| 570600 | 419857 |
|  | TongFu <br> Microelectronics Co. <br> Ltd., Class A<br>| 334815 | 2001200 |
|  | Tongguan Gold Group <br> Ltd.<br>| 838000 | 291760 |
|  | Tonghua Dongbao <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 403460 | 511652 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Tonghua <br> Golden-Horse <br> Pharmaceutical <br> Industry Co. Ltd., <br> Class A<br>| 48100 | $175301 |
|  | Tongkun Group Co. <br> Ltd., Class A<br>| 568666 | 1136820 |
|  | Tongling Jingda <br> Special Magnet <br> Wire Co. Ltd., <br> Class A<br>| 1114400 | 1700516 |
|  | Tongling Nonferrous <br> Metals Group Co. <br> Ltd., Class A<br>| 3337900 | 2479873 |
| \* | Tongwei Co. Ltd., <br> Class A<br>| 491976 | 1713190 |
|  | Tongyu Heavy <br> Industry Co. Ltd., <br> Class A<br>| 2276700 | 985793 |
|  | Topchoice Medical <br> Corp., Class A<br>| 100102 | 611382 |
|  | Topsec Technologies <br> Group, Inc., <br> Class A<br>| 661800 | 969960 |
| Ω | Topsports International <br> Holdings Ltd.<br>| 19139000 | 7585259 |
|  | Toread Holdings <br> Group Co. Ltd., <br> Class A<br>| 288000 | 378811 |
| # | Towngas Smart <br> Energy Co. Ltd.<br>| 5127654 | 2570563 |
| \* | TPV Technology Co. <br> Ltd., Class A<br>| 1741000 | 636514 |
| \*Ω | Transcenta Holding <br> Ltd.<br>| 272500 | 108331 |
|  | Transfar Zhilian Co. <br> Ltd., Class A<br>| 789198 | 692702 |
| # | TravelSky Technology <br> Ltd., Class H<br>| 5385938 | 7087886 |
|  | Triangle Tyre Co. Ltd., <br> Class A<br>| 350700 | 728889 |
| \* | Trigiant Group Ltd. | 6560000 | 265779 |
| \* | Trina Solar Co. Ltd., <br> Class A<br>| 358111 | 1024945 |
|  | Trip.com Group Ltd. <br> (TCOM US), ADR<br>| 913870 | 64564915 |
| #\* | Triumph New Energy <br> Co. Ltd., Class H<br>| 1222000 | 685785 |
|  | Triumph Science & <br> Technology Co. <br> Ltd., Class A<br>| 422000 | 727770 |
| \*†† | Trony Solar Holdings <br> Co. Ltd.<br>| 2133000 | 0 |

---

553

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Troy Information <br> Technology Co. <br> Ltd., Class A<br>| 229100 | $213248 |
| \* | TRS Information <br> Technology Corp. <br> Ltd., Class A<br>| 41900 | 121266 |
| \* | Truking Technology <br> Ltd., Class A<br>| 327500 | 515654 |
| Ω | Tsaker New Energy <br> Tech Co. Ltd.<br>| 220500 | 20388 |
| \* | Tsinghua Tongfang <br> Co. Ltd., Class A<br>| 419900 | 515015 |
|  | Tsingtao Brewery Co. <br> Ltd., Class H<br>| 2304000 | 15571649 |
|  | TSP Wind Power <br> Group Co. Ltd.<br>| 857600 | 1022658 |
| \*Ω | Tuhu Car, Inc. | 46800 | 106405 |
| †† | Tunghsu <br> Optoelectronic <br> Technology Co. <br> Ltd., Class A<br>| 2895700 | 28495 |
|  | Tungkong, Inc., <br> Class A<br>| 142800 | 233610 |
|  | Tuniu Corp., <br> Sponsored ADR<br>| 88047 | 74206 |
|  | Uni-Bio Science <br> Group Ltd.<br>| 620000 | 10103 |
|  | Unigroup Guoxin <br> Microelectronics Co. <br> Ltd., Class A<br>| 62739 | 720692 |
|  | Unilumin Group Co. <br> Ltd., Class A<br>| 669131 | 693611 |
|  | Uni-President China <br> Holdings Ltd.<br>| 11679308 | 12644523 |
|  | Unisplendour Corp. <br> Ltd., Class A<br>| 198320 | 755141 |
| # | United Energy Group <br> Ltd.<br>| 9285100 | 592424 |
|  | Universal Scientific <br> Industrial Shanghai <br> Co. Ltd., Class A<br>| 544633 | 1843322 |
| †† | Untrade.China Dili | 10753661 | 171327 |
| \*†† | Untrade.Lumena <br> Newmat<br>| 391649 | 0 |
| \* | UTour Group Co. Ltd., <br> Class A<br>| 499300 | 492370 |
|  | V V Food & Beverage <br> Co. Ltd., Class A<br>| 1007800 | 506617 |
|  | Valiant Co. Ltd., <br> Class A<br>| 512727 | 1009556 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Vats Liquor Chain <br> Store Management <br> JSC Ltd. (300755 <br> C2), Class A<br>| 166428 | $486373 |
|  | Vats Liquor Chain <br> Store Management <br> JSC Ltd. (300755 <br> CH), Class A<br>| 7900 | 23087 |
|  | Vatti Corp. Ltd., <br> Class A<br>| 632300 | 568037 |
| \* | Vcanbio Cell & Gene <br> Engineering Corp. <br> Ltd., Class A<br>| 166700 | 577852 |
| Ω | VCredit Holdings Ltd. | 109600 | 40572 |
| \*Ω | Venus MedTech <br> Hangzhou, Inc., <br> Class H<br>| 102000 | 35823 |
| \* | Venustech Group, <br> Inc., Class A<br>| 183400 | 404010 |
| \* | Verisilicon <br> Microelectronics <br> Shanghai Co. Ltd., <br> Class A<br>| 2926 | 65500 |
|  | Victory Giant <br> Technology Huizhou <br> Co. Ltd., Class A<br>| 278500 | 11455935 |
|  | Vipshop Holdings Ltd., <br> ADR<br>| 2925595 | 51168657 |
| \* | Visionox Technology, <br> Inc., Class A<br>| 499500 | 595246 |
|  | Visual China Group <br> Co. Ltd., Class A<br>| 76300 | 232047 |
| \*Ω | Viva Biotech Holdings | 6322500 | 1982924 |
| #\* | Vnet Group, Inc., <br> ADR<br>| 449082 | 4670453 |
|  | Walvax Biotechnology <br> Co. Ltd., Class A<br>| 224200 | 385423 |
| \* | Wanda Film Holding <br> Co. Ltd., Class A<br>| 293000 | 455323 |
|  | Wanda Hotel <br> Development Co. <br> Ltd.<br>| 326000 | 6856 |
|  | Wangneng <br> Environment Co. <br> Ltd., Class A<br>| 399191 | 959200 |
|  | Wangsu Science & <br> Technology Co. <br> Ltd., Class A<br>| 382517 | 622368 |
| # | Wanguo Gold Group <br> Ltd.<br>| 1000000 | 3936685 |
|  | Wanhua Chemical <br> Group Co. Ltd., <br> Class A<br>| 879528 | 7741714 |

---

554

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Want Want China <br> Holdings Ltd.<br>| 29515000 | $19073378 |
|  | Wanxiang Qianchao <br> Co. Ltd., Class A<br>| 1235519 | 2181797 |
|  | Warom Technology, <br> Inc. Co., Class A<br>| 222014 | 609908 |
|  | Wasion Holdings Ltd. | 4776000 | 7684367 |
|  | Wasu Media Holding <br> Co. Ltd., Class A<br>| 734500 | 814677 |
|  | Weibo Corp. (9898 <br> HK), Class A<br>| 18460 | 201846 |
| # | Weibo Corp. (WB <br> US), Sponsored <br> ADR<br>| 552309 | 6009122 |
|  | Weichai Power Co. <br> Ltd., Class H<br>| 11822120 | 24428028 |
|  | Weifu <br> High-Technology <br> Group Co. Ltd., <br> Class A<br>| 236747 | 714362 |
|  | Weihai Guangtai <br> Airport Equipment <br> Co. Ltd., Class A<br>| 193600 | 278429 |
|  | Weihai Guangwei <br> Composites Co. <br> Ltd., Class A<br>| 176520 | 714246 |
|  | Weilong Delicious <br> Global Holdings <br> Ltd.<br>| 390000 | 598247 |
| #\* | WellCell Holdings Co. <br> Ltd.<br>| 152800 | 253356 |
|  | Wellhope Foods Co. <br> Ltd., Class A<br>| 569744 | 614374 |
|  | Wencan Group Co. <br> Ltd., Class A<br>| 215400 | 654559 |
|  | Wens Foodstuff Group <br> Co. Ltd., Class A<br>| 1533566 | 3914513 |
|  | Wenzhou Yihua <br> Connector Co. Ltd., <br> Class A<br>| 76200 | 502429 |
| # | West China Cement <br> Ltd.<br>| 21952000 | 8389065 |
|  | Western Metal <br> Materials Co. Ltd., <br> Class A<br>| 222800 | 563185 |
|  | Western Mining Co. <br> Ltd., Class A<br>| 675800 | 2279443 |
|  | Western Region Gold <br> Co. Ltd., Class A<br>| 367200 | 1415310 |
|  | Western Securities <br> Co. Ltd., Class A<br>| 816630 | 986283 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Western <br> Superconducting <br> Technologies Co. <br> Ltd., Class A<br>| 102647 | $1128035 |
| # | Wharf Holdings Ltd. | 2403000 | 6321947 |
|  | Willfar Information <br> Technology Co. <br> Ltd., Class A<br>| 84970 | 440776 |
|  | Winall Hi-Tech Seed <br> Co. Ltd., Class A<br>| 315815 | 393322 |
|  | Windey Energy <br> Technology Group <br> Co. Ltd., Class A<br>| 347538 | 892316 |
| \* | Wingtech Technology <br> Co. Ltd., Class A<br>| 129997 | 821580 |
|  | Winner Medical Co. <br> Ltd., Class A<br>| 88325 | 512815 |
|  | Winning Health <br> Technology Group <br> Co. Ltd., Class A<br>| 491000 | 610432 |
|  | Wolong Electric Group <br> Co. Ltd., Class A<br>| 278994 | 1894571 |
| \* | World Union Group, <br> Inc., Class A<br>| 1047377 | 341838 |
|  | Wuchan Zhongda <br> Group Co. Ltd., <br> Class A<br>| 1140550 | 937983 |
|  | Wuhan Dr. Laser <br> Technology Corp. <br> Ltd., Class A<br>| 54940 | 519538 |
|  | Wuhan East Lake <br> High Technology <br> Group Co. Ltd., <br> Class A<br>| 300200 | 415115 |
|  | Wuhan Easydiagnosis <br> Biomedicine Co. <br> Ltd., Class A<br>| 81696 | 220841 |
|  | Wuhan Fingu <br> Electronic <br> Technology Co. <br> Ltd., Class A<br>| 186300 | 326764 |
| \* | Wuhan Guide Infrared <br> Co. Ltd., Class A<br>| 90000 | 175610 |
| \* | Wuhan Jingce <br> Electronic Group <br> Co. Ltd., Class A<br>| 13800 | 145755 |
| \* | Wuhan P&S <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 94400 | 148552 |

---

555

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Wuhan Raycus Fiber <br> Laser Technologies <br> Co. Ltd., Class A<br>| 185500 | $670706 |
|  | Wuhu Token Science <br> Co. Ltd., Class A<br>| 763240 | 665777 |
|  | Wuliangye Yibin Co. <br> Ltd., Class A<br>| 841312 | 14073709 |
|  | Wuling Motors <br> Holdings Ltd.<br>| 1060000 | 69570 |
|  | WUS Printed Circuit <br> Kunshan Co. Ltd., <br> Class A<br>| 323380 | 3215290 |
|  | Wushang Group Co. <br> Ltd., Class A<br>| 500600 | 702768 |
| Ω | WuXi AppTec Co. Ltd., <br> Class H<br>| 1051260 | 14689382 |
|  | Wuxi Autowell <br> Technology Co. <br> Ltd., Class A<br>| 237641 | 1460287 |
|  | Wuxi Best Precision <br> Machinery Co. Ltd., <br> Class A<br>| 105270 | 389987 |
| \*Ω | Wuxi Biologics <br> Cayman, Inc.<br>| 9952500 | 46419390 |
|  | Wuxi Boton <br> Technology Co. <br> Ltd., Class A<br>| 208338 | 682217 |
|  | Wuxi Chipown <br> Micro-Electronics <br> Ltd., Class A<br>| 39976 | 360057 |
|  | Wuxi DK Electronic <br> Materials Co. Ltd., <br> Class A<br>| 57300 | 497705 |
|  | Wuxi Huaguang <br> Environment & <br> Energy Group Co. <br> Ltd., Class A<br>| 789100 | 1715601 |
|  | Wuxi Lead Intelligent <br> Equipment Co. Ltd., <br> Class A<br>| 67600 | 555703 |
|  | Wuxi NCE Power Co. <br> Ltd., Class A<br>| 96600 | 509980 |
|  | Wuxi Paike New <br> Materials <br> Technology Co. <br> Ltd., Class A<br>| 73698 | 723543 |
|  | Wuxi Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 1037400 | 885196 |
|  | Wuxi Taiji Industry Ltd. <br> Co., Class A<br>| 659456 | 803655 |
| \* | WuXi XDC Cayman, <br> Inc.<br>| 411000 | 3970426 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Wuxi Xinje Electric <br> Co. Ltd., Class A<br>| 75000 | $606514 |
|  | Wuzhou Special <br> Paper Group Co. <br> Ltd., Class A<br>| 172811 | 289045 |
|  | XCMG Construction <br> Machinery Co. Ltd., <br> Class A<br>| 2166000 | 3239770 |
|  | XD, Inc. | 282200 | 2447549 |
|  | XGD, Inc., Class A | 289994 | 1129132 |
| #\*Ω | Xiabuxiabu Catering <br> Management China <br> Holdings Co. Ltd.<br>| 6647000 | 855835 |
|  | Xiamen Amoytop <br> Biotech Co. Ltd., <br> Class A<br>| 71126 | 729851 |
|  | Xiamen Bank Co. Ltd., <br> Class A<br>| 973161 | 964449 |
|  | Xiamen C & D, Inc., <br> Class A<br>| 483230 | 692328 |
|  | Xiamen Changelight <br> Co. Ltd., Class A<br>| 411188 | 690734 |
|  | Xiamen Comfort <br> Science & <br> Technology Group <br> Co. Ltd., Class A<br>| 178626 | 174956 |
|  | Xiamen Faratronic Co. <br> Ltd., Class A<br>| 42658 | 721811 |
| \* | Xiamen Hongxin <br> Electronics <br> Technology Group, <br> Inc., Class A<br>| 90100 | 395694 |
|  | Xiamen International <br> Airport Co. Ltd., <br> Class A<br>| 126156 | 300300 |
|  | Xiamen Intretech, Inc., <br> Class A<br>| 231684 | 644686 |
|  | Xiamen ITG Group <br> Corp. Ltd., Class A<br>| 877963 | 799708 |
|  | Xiamen Jihong <br> Technology Co. <br> Ltd., Class A<br>| 262170 | 687534 |
|  | Xiamen Kingdomway <br> Group Co., Class A<br>| 335829 | 952920 |
|  | Xiamen Port <br> Development Co. <br> Ltd., Class A<br>| 612400 | 900258 |
|  | Xiamen Tungsten Co. <br> Ltd., Class A<br>| 425462 | 2136196 |
|  | Xiamen Xiangyu Co. <br> Ltd., Class A<br>| 1420300 | 1657660 |

---

556

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Xian International <br> Medical Investment <br> Co. Ltd., Class A<br>| 726600 | $489793 |
|  | Xi'an Manareco New <br> Materials Co. Ltd., <br> Class A<br>| 81732 | 559059 |
|  | Xi'An Shaangu Power <br> Co. Ltd., Class A<br>| 721545 | 882443 |
|  | Xi'an Triangle Defense <br> Co. Ltd., Class A<br>| 216038 | 779159 |
|  | Xiandai Investment <br> Co. Ltd., Class A<br>| 1253038 | 746360 |
| \* | Xiangcai Co. Ltd., <br> Class A<br>| 453908 | 821837 |
|  | Xiangpiaopiao Food <br> Co. Ltd., Class A<br>| 101300 | 187628 |
| \* | Xiangtan Electric <br> Manufacturing Co. <br> Ltd., Class A<br>| 403530 | 864144 |
|  | Xiangtan <br> Electrochemical <br> Scientific Co. Ltd., <br> Class A<br>| 337100 | 700613 |
|  | Xianhe Co. Ltd., <br> Class A<br>| 281207 | 903948 |
| \*Ω | Xiaomi Corp., <br> Class B<br>| 9622200 | 53383104 |
|  | Xilinmen Furniture Co. <br> Ltd., Class A<br>| 277100 | 666172 |
|  | Ximei Resources <br> Holding Ltd.<br>| 55000 | 52687 |
|  | Xinfengming Group <br> Co. Ltd., Class A<br>| 903412 | 2019358 |
|  | Xingfa Aluminium <br> Holdings Ltd.<br>| 360000 | 360566 |
|  | Xinhua Winshare <br> Publishing & Media <br> Co. Ltd., Class H<br>| 3397000 | 4559702 |
|  | Xinhuanet Co. Ltd., <br> Class A<br>| 141887 | 398823 |
|  | Xinjiang <br> Communications <br> Construction Group <br> Co. Ltd., Class A<br>| 333800 | 887564 |
|  | Xinjiang Joinworld Co. <br> Ltd., Class A<br>| 628646 | 716388 |
|  | Xinjiang Qingsong <br> Building Materials & <br> Chemicals Group <br> Co. Ltd., Class A<br>| 1046900 | 693135 |
| \* | Xinjiang Xintai Natural <br> Gas Co. Ltd., <br> Class A<br>| 206825 | 827594 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Xinjiang Xinxin Mining <br> Industry Co. Ltd., <br> Class H<br>| 6474000 | $2154813 |
|  | Xinjiang Xuefeng <br> Sci-Tech Group Co. <br> Ltd., Class A<br>| 725900 | 926776 |
| \* | Xinjiang Zhongtai <br> Chemical Co. Ltd., <br> Class A<br>| 1005300 | 664263 |
| #\* | Xinte Energy Co. Ltd., <br> Class H<br>| 3980800 | 3971865 |
|  | Xinxiang Chemical <br> Fiber Co. Ltd., <br> Class A<br>| 1110000 | 682493 |
|  | Xinxiang Richful Lube <br> Additive Co. Ltd., <br> Class A<br>| 141940 | 1133629 |
|  | Xinxing Ductile Iron <br> Pipes Co. Ltd., <br> Class A<br>| 947950 | 576897 |
| # | Xinyi Energy Holdings <br> Ltd.<br>| 6586563 | 1075420 |
| # | Xinyi Solar Holdings <br> Ltd.<br>| 41138716 | 18956586 |
|  | Xinyu Iron & Steel Co. <br> Ltd., Class A<br>| 905500 | 534795 |
| \* | Xinzhi Group Co. Ltd., <br> Class A<br>| 305800 | 1230709 |
|  | Xizang Zhufeng <br> Resources Co. Ltd., <br> Class A<br>| 427700 | 857715 |
|  | Xizi Clean Energy <br> Equipment <br> Manufacturing Co. <br> Ltd., Class A<br>| 318500 | 717030 |
| \* | XPeng, Inc., Class A | 1075300 | 12527419 |
|  | Xtep International <br> Holdings Ltd.<br>| 13824756 | 10010717 |
|  | Xuji Electric Co. Ltd., <br> Class A<br>| 247100 | 918820 |
| #\* | Xunlei Ltd., ADR | 146808 | 1308059 |
| \* | XXF Group Holdings <br> Ltd.<br>| 55000 | 67351 |
| Ω | Yadea Group Holdings <br> Ltd.<br>| 7252408 | 11338565 |
|  | Yangling Metron New <br> Material, Inc., <br> Class A<br>| 378312 | 885540 |
| #Ω | Yangtze Optical Fibre <br> & Cable Joint Stock <br> Co. Ltd., Class H<br>| 839500 | 3847052 |

---

557

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Yangzhou Yangjie <br> Electronic <br> Technology Co. <br> Ltd., Class A<br>| 143500 | $1406405 |
|  | Yankershop Food Co. <br> Ltd., Class A<br>| 54772 | 565168 |
| # | Yankuang Energy <br> Group Co. Ltd., <br> Class H<br>| 17643499 | 24221785 |
|  | Yantai Changyu <br> Pioneer Wine Co. <br> Ltd., Class A<br>| 187742 | 567222 |
|  | Yantai China Pet <br> Foods Co. Ltd., <br> Class A<br>| 132916 | 1068453 |
|  | Yantai Dongcheng <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 201194 | 441515 |
|  | Yantai Eddie Precision <br> Machinery Co. Ltd., <br> Class A<br>| 198530 | 522064 |
|  | Yantai Jereh Oilfield <br> Services Group Co. <br> Ltd., Class A<br>| 283692 | 1993563 |
|  | YanTai Shuangta <br> Food Co. Ltd., <br> Class A<br>| 670050 | 527750 |
|  | Yantai Zhenghai <br> Magnetic Material <br> Co. Ltd., Class A<br>| 356200 | 836692 |
| \* | Yatsen Holding Ltd., <br> ADR<br>| 43036 | 305556 |
|  | YD Electronic <br> Technology Co. <br> Ltd., Class A<br>| 88100 | 580704 |
| #\* | Yeahka Ltd. | 706800 | 788158 |
|  | Yealink Network <br> Technology Corp. <br> Ltd., Class A<br>| 239820 | 1213041 |
|  | Yechiu Metal <br> Recycling China <br> Ltd., Class A<br>| 831540 | 365827 |
|  | Yeebo International <br> Holdings Ltd.<br>| 190000 | 107339 |
|  | YGSOFT, Inc., <br> Class A<br>| 606071 | 553926 |
| \* | Yibin Tianyuan Group <br> Co. Ltd., Class A<br>| 721300 | 590266 |
|  | Yifan Pharmaceutical <br> Co. Ltd., Class A<br>| 265800 | 491990 |
|  | Yifeng Pharmacy <br> Chain Co. Ltd., <br> Class A<br>| 360951 | 1239351 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | Yihai International <br> Holding Ltd.<br>| 3666000 | $5624802 |
| \* | Yijiahe Technology <br> Co. Ltd., Class A<br>| 81100 | 348152 |
|  | Yinbang Clad Material <br> Co. Ltd., Class A<br>| 246700 | 354992 |
|  | Yindu Kitchen <br> Equipment Co. Ltd., <br> Class A<br>| 204641 | 523795 |
|  | Yip's Chemical <br> Holdings Ltd.<br>| 1348000 | 346604 |
|  | Yiren Digital Ltd., <br> Sponsored ADR<br>| 329520 | 1838722 |
| #Ω | Yixin Group Ltd. | 9628000 | 2806376 |
|  | Yixintang <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 452923 | 853636 |
|  | Yizumi Holdings Co. <br> Ltd., Class A<br>| 286600 | 1018345 |
|  | Yonfer Agricultural <br> Technology Co. <br> Ltd., Class A<br>| 849800 | 1776525 |
|  | Yongjin Technology <br> Group Co. Ltd.<br>| 286200 | 737430 |
|  | YongXing Special <br> Materials <br> Technology Co. <br> Ltd., Class A<br>| 141918 | 981322 |
| \* | Yonyou Network <br> Technology Co. <br> Ltd., Class A<br>| 123643 | 271329 |
|  | Yotrio Group Co. Ltd., <br> Class A<br>| 1110600 | 602472 |
| \* | Youcare <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 175457 | 534330 |
| \* | Youdao, Inc., ADR | 9339 | 97966 |
|  | Youngor Fashion Co. <br> Ltd., Class A<br>| 608700 | 641813 |
|  | Youngy Co. Ltd., <br> Class A<br>| 95700 | 639121 |
|  | Youzu Interactive Co. <br> Ltd., Class A<br>| 386800 | 701072 |
|  | YTO Express Group <br> Co. Ltd., Class A<br>| 793975 | 1909135 |
|  | Yuan Longping <br> High-tech <br> Agriculture Co. Ltd., <br> Class A<br>| 129500 | 177279 |
|  | Yuexiu Property Co. <br> Ltd.<br>| 10415956 | 5996883 |

---

558

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Yuexiu Services <br> Group Ltd.<br>| 1361500 | $444896 |
| # | Yuexiu Transport <br> Infrastructure Ltd.<br>| 3591415 | 1962806 |
|  | Yueyang Forest & <br> Paper Co. Ltd., <br> Class A<br>| 765600 | 479046 |
|  | Yueyang Xingchang <br> Petro-Chemical Co. <br> Ltd., Class A<br>| 137860 | 350165 |
|  | Yum China Holdings, <br> Inc. (9987 HK)<br>| 99100 | 4267730 |
|  | Yum China Holdings, <br> Inc. (YUMC US)<br>| 1395014 | 60348306 |
|  | YUNDA Holding <br> Group Co. Ltd., <br> Class A<br>| 1170786 | 1198891 |
|  | Yunnan Aluminium <br> Co. Ltd., Class A<br>| 1062000 | 3430369 |
|  | Yunnan Baiyao Group <br> Co. Ltd., Class A<br>| 174177 | 1387628 |
|  | Yunnan Chihong <br> Zinc&Germanium <br> Co. Ltd., Class A<br>| 1172600 | 1111309 |
|  | Yunnan Copper Co. <br> Ltd., Class A<br>| 651900 | 1653807 |
|  | Yunnan Energy <br> Investment Co. Ltd., <br> Class A<br>| 549300 | 938252 |
| \* | Yunnan Energy New <br> Material Co. Ltd., <br> Class A<br>| 163995 | 1118459 |
|  | Yunnan Lincang <br> Xinyuan <br> Germanium <br> Industrial Co. Ltd., <br> Class A<br>| 141500 | 555633 |
|  | Yunnan Nantian <br> Electronics <br> Information Co. <br> Ltd., Class A<br>| 120891 | 311771 |
|  | Yunnan Tin Co. Ltd., <br> Class A<br>| 791200 | 2636686 |
|  | Yunnan Yuntianhua <br> Co. Ltd., Class A<br>| 506953 | 2049716 |
|  | Yusys Technologies <br> Co. Ltd., Class A<br>| 164539 | 554342 |
|  | Yutong Bus Co. Ltd., <br> Class A<br>| 582006 | 2644520 |
|  | Yutong Heavy <br> Industries Co. Ltd., <br> Class A<br>| 229802 | 377640 |
| \* | Z Fin Ltd. | 876894 | 665461 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zangge Mining Co. <br> Ltd., Class A<br>| 90900 | $752624 |
|  | ZBOM Home <br> Collection Co. Ltd., <br> Class A<br>| 281938 | 368683 |
|  | Zengame Technology <br> Holding Ltd.<br>| 2014000 | 602290 |
|  | Zhangzhou <br> Pientzehuang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 66703 | 1670061 |
| # | Zhaojin Mining <br> Industry Co. Ltd., <br> Class H<br>| 7238166 | 26951585 |
|  | Zhefu Holding Group <br> Co. Ltd., Class A<br>| 1898531 | 1096351 |
|  | Zhejiang Asia-Pacific <br> Mechanical & <br> Electronic Co. Ltd., <br> Class A<br>| 338700 | 675703 |
|  | Zhejiang Ausun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 266940 | 384423 |
|  | Zhejiang Cfmoto <br> Power Co. Ltd., <br> Class A<br>| 33900 | 1219807 |
|  | Zhejiang Changsheng <br> Sliding Bearings <br> Co. Ltd., Class A<br>| 30000 | 368833 |
|  | Zhejiang China <br> Commodities City <br> Group Co. Ltd., <br> Class A<br>| 630700 | 1634823 |
|  | Zhejiang Chint <br> Electrics Co. Ltd., <br> Class A<br>| 543490 | 2191393 |
|  | Zhejiang <br> Communications <br> Technology Co. <br> Ltd., Class A<br>| 2119409 | 1245037 |
|  | Zhejiang Conba <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 1344700 | 884391 |
|  | Zhejiang <br> Crystal-Optech Co. <br> Ltd., Class A<br>| 455162 | 1597702 |
|  | Zhejiang Dafeng <br> Industry Co. Ltd., <br> Class A<br>| 189100 | 348813 |
|  | Zhejiang Dahua <br> Technology Co. <br> Ltd., Class A<br>| 547900 | 1575595 |

---

559

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Daily Digital <br> Culture Group Co. <br> Ltd., Class A<br>| 453400 | $867137 |
|  | Zhejiang Dingli <br> Machinery Co. Ltd., <br> Class A<br>| 115896 | 865583 |
| \* | Zhejiang Dun'An <br> Artificial <br> Environment Co. <br> Ltd., Class A<br>| 727940 | 1411244 |
|  | Zhejiang Expressway <br> Co. Ltd., Class H<br>| 8928039 | 8715610 |
|  | Zhejiang Garden <br> Biopharmaceutical <br> Co. Ltd., Class A<br>| 271648 | 525772 |
| #\*†† | Zhejiang Glass Co. <br> Ltd., Class H<br>| 192000 | 0 |
|  | Zhejiang Gongdong <br> Medical Technology <br> Co. Ltd., Class A<br>| 28812 | 79383 |
| \* | Zhejiang Great <br> Southeast Co. Ltd., <br> Class A<br>| 190500 | 99113 |
|  | Zhejiang <br> Guyuelongshan <br> Shaoxing Wine Co. <br> Ltd., Class A<br>| 768900 | 1026520 |
|  | Zhejiang Haikong <br> Nanke Huatie <br> Digital Intelligence <br> & Technology Co. <br> Ltd.<br>| 1348400 | 1489170 |
|  | Zhejiang Hailiang Co. <br> Ltd., Class A<br>| 740561 | 1197891 |
|  | Zhejiang Hailide New <br> Material Co. Ltd., <br> Class A<br>| 707100 | 580873 |
|  | Zhejiang HangKe <br> Technology, Inc. <br> Co., Class A<br>| 388381 | 1784839 |
|  | Zhejiang Hangmin Co. <br> Ltd., Class A<br>| 870200 | 874469 |
| \* | Zhejiang Hisoar <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 673224 | 543318 |
|  | Zhejiang Hisun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 957300 | 1508263 |
|  | Zhejiang Huace Film <br> & Television Co. <br> Ltd., Class A<br>| 637000 | 687718 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Huahai <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 452879 | $1221722 |
|  | Zhejiang Huakang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 152200 | 374800 |
|  | Zhejiang Huangma <br> Technology Co. <br> Ltd., Class A<br>| 316300 | 811068 |
| \* | Zhejiang Huatong <br> Meat Products Co. <br> Ltd., Class A<br>| 302900 | 459351 |
|  | Zhejiang Huayou <br> Cobalt Co. Ltd., <br> Class A<br>| 388435 | 3541311 |
|  | Zhejiang International <br> Group Co. Ltd., <br> Class A<br>| 135340 | 210472 |
|  | Zhejiang Jiahua <br> Energy Chemical <br> Industry Co. Ltd., <br> Class A<br>| 664200 | 795843 |
|  | Zhejiang Jiecang <br> Linear Motion <br> Technology Co. <br> Ltd., Class A<br>| 198407 | 1067383 |
|  | Zhejiang Jiemei <br> Electronic & <br> Technology Co. <br> Ltd., Class A<br>| 137412 | 616615 |
|  | Zhejiang Jinggong <br> Integration <br> Technology Co. <br> Ltd., Class A<br>| 165600 | 478027 |
|  | Zhejiang Jingsheng <br> Mechanical & <br> Electrical Co. Ltd., <br> Class A<br>| 304070 | 1667741 |
|  | Zhejiang Jingu Co. <br> Ltd., Class A<br>| 307650 | 447935 |
|  | Zhejiang Jingxin <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 497820 | 1318903 |
|  | Zhejiang JIULI Hi-tech <br> Metals Co. Ltd., <br> Class A<br>| 436384 | 1565259 |
|  | Zhejiang Jiuzhou <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 370800 | 1039905 |
|  | Zhejiang Jolly <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 272400 | 671078 |

---

560

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Juhua Co. <br> Ltd., Class A<br>| 258820 | $1285189 |
|  | Zhejiang Lante Optics <br> Co. Ltd., Class A<br>| 131521 | 593081 |
|  | Zhejiang Longsheng <br> Group Co. Ltd., <br> Class A<br>| 378634 | 560632 |
|  | Zhejiang Medicine Co. <br> Ltd., Class A<br>| 436569 | 894024 |
|  | Zhejiang Meida <br> Industrial Co. Ltd., <br> Class A<br>| 322500 | 337822 |
|  | Zhejiang Meorient <br> Commerce & <br> Exhibition, Inc., <br> Class A<br>| 153855 | 299275 |
| \* | Zhejiang Narada <br> Power Source Co. <br> Ltd., Class A<br>| 124100 | 329567 |
|  | Zhejiang NHU Co. <br> Ltd., Class A<br>| 757379 | 2587832 |
|  | Zhejiang Orient <br> Financial Holdings <br> Group Co. Ltd., <br> Class A<br>| 970977 | 979475 |
| \* | Zhejiang Orient Gene <br> Biotech Co. Ltd., <br> Class A<br>| 112280 | 420455 |
|  | Zhejiang Qianjiang <br> Motorcycle Co. Ltd., <br> Class A<br>| 430600 | 971731 |
|  | Zhejiang Runtu Co. <br> Ltd., Class A<br>| 621250 | 639315 |
|  | Zhejiang Sanhua <br> Intelligent Controls <br> Co. Ltd., Class A<br>| 210800 | 1480271 |
|  | Zhejiang Sanmei <br> Chemical Industry <br> Co. Ltd., Class A<br>| 66140 | 519701 |
|  | Zhejiang Semir <br> Garment Co. Ltd., <br> Class A<br>| 1509125 | 1147251 |
|  | Zhejiang Shaoxing <br> RuiFeng Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 1317900 | 1015395 |
|  | Zhejiang Shibao Co. <br> Ltd., Class H<br>| 618000 | 386889 |
|  | Zhejiang Shouxiangu <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 115400 | 328328 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Shuanghuan <br> Driveline Co. Ltd., <br> Class A<br>| 24900 | $153041 |
|  | Zhejiang Songyuan <br> Automotive Safety <br> Systems Co. Ltd., <br> Class A<br>| 188048 | 677126 |
|  | Zhejiang Southeast <br> Space Frame Co. <br> Ltd., Class A<br>| 643426 | 420513 |
| \* | Zhejiang Sunriver <br> Culture Tourism Co. <br> Ltd., Class A<br>| 333200 | 338966 |
|  | Zhejiang Supor Co. <br> Ltd., Class A<br>| 82169 | 551133 |
|  | Zhejiang Taihua New <br> Material Group Co. <br> Ltd., Class A<br>| 757900 | 942417 |
|  | Zhejiang Tiantie <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 290522 | 316773 |
|  | Zhejiang Tianyu <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 186202 | 685895 |
|  | Zhejiang Tony <br> Electronic Co. Ltd., <br> Class A<br>| 54000 | 164647 |
|  | Zhejiang Wanfeng <br> Auto Wheel Co. <br> Ltd., Class A<br>| 466747 | 1115979 |
|  | Zhejiang Wanliyang <br> Co. Ltd., Class A<br>| 1083441 | 1372053 |
|  | Zhejiang Wanma Co. <br> Ltd., Class A<br>| 806000 | 2035149 |
|  | Zhejiang Wansheng <br> Co. Ltd., Class A<br>| 257000 | 409587 |
|  | Zhejiang Weiming <br> Environment <br> Protection Co. Ltd., <br> Class A<br>| 486793 | 1481162 |
|  | Zhejiang Weixing <br> Industrial <br> Development Co. <br> Ltd., Class A<br>| 768027 | 1174873 |
|  | Zhejiang Weixing New <br> Building Materials <br> Co. Ltd., Class A<br>| 538357 | 781726 |
|  | Zhejiang Wolwo <br> Bio-Pharmaceutical <br> Co. Ltd., Class A<br>| 149632 | 713578 |

---

561

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang XCC Group <br> Co. Ltd., Class A<br>| 154200 | $995463 |
|  | Zhejiang Xianju <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 511349 | 680892 |
|  | Zhejiang Xinan <br> Chemical Industrial <br> Group Co. Ltd., <br> Class A<br>| 531893 | 753491 |
|  | Zhejiang Xinao <br> Textiles, Inc., <br> Class A<br>| 622900 | 700321 |
|  | Zhejiang Xinhua <br> Chemical Co. Ltd., <br> Class A<br>| 95300 | 397796 |
|  | Zhejiang Yankon <br> Group Co. Ltd., <br> Class A<br>| 135829 | 65904 |
|  | Zhejiang Yasha <br> Decoration Co. Ltd., <br> Class A<br>| 763638 | 432794 |
|  | Zhejiang Yinlun <br> Machinery Co. Ltd., <br> Class A<br>| 240400 | 1291413 |
|  | Zhejiang Yonggui <br> Electric Equipment <br> Co. Ltd., Class A<br>| 169200 | 403705 |
|  | Zhejiang Yonghe <br> Refrigerant Co. Ltd., <br> Class A<br>| 201600 | 784388 |
| \* | Zhejiang Yongtai <br> Technology Co. <br> Ltd., Class A<br>| 306384 | 838833 |
|  | Zhejiang Zhaolong <br> Interconnect <br> Technology Co. <br> Ltd., Class A<br>| 86040 | 631222 |
|  | Zhende Medical Co. <br> Ltd., Class A<br>| 160611 | 2145920 |
| \* | Zhengzhou Coal <br> Industry & Electric <br> Power Co. Ltd., <br> Class A<br>| 864400 | 638084 |
|  | Zhengzhou GL Tech <br> Co. Ltd., Class A<br>| 13400 | 34236 |
|  | Zhenjiang Dongfang <br> Electric Heating <br> Technology Co. <br> Ltd., Class A<br>| 1245100 | 944283 |
|  | Zheshang <br> Development Group <br> Co. Ltd., Class A<br>| 583617 | 501110 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zheshang Securities <br> Co. Ltd., Class A<br>| 331300 | $541245 |
|  | Zhewen Interactive <br> Group Co. Ltd., <br> Class A<br>| 587420 | 721989 |
| #\* | Zhihu, Inc. | 13500 | 19059 |
| \* | Zhong An Group Ltd. | 14556888 | 254780 |
| #\*Ω | ZhongAn Online P&C <br> Insurance Co. Ltd., <br> Class H<br>| 5439900 | 11713015 |
| \* | Zhongfu Straits <br> Pingtan <br> Development Co. <br> Ltd., Class A<br>| 261000 | 259628 |
|  | Zhongji Innolight Co. <br> Ltd., Class A<br>| 204471 | 13502571 |
|  | Zhongjin Gold Corp. <br> Ltd., Class A<br>| 980800 | 3046466 |
|  | ZhongMan Petroleum <br> & Natural Gas <br> Group Corp. Ltd., <br> Class A<br>| 362300 | 1069530 |
|  | Zhongshan Broad <br> Ocean Motor Co. <br> Ltd., Class A<br>| 1203500 | 2074288 |
|  | Zhongshan Public <br> Utilities Group Co. <br> Ltd., Class A<br>| 270560 | 472145 |
| # | Zhongsheng Group <br> Holdings Ltd.<br>| 7158500 | 11300396 |
|  | Zhongtai Securities <br> Co. Ltd., Class A<br>| 839100 | 823475 |
| \*†† | Zhongtian Financial <br> Group Co. Ltd., <br> Class A<br>| 4312400 | 0 |
|  | Zhongtong Bus <br> Holding Co. Ltd., <br> Class A<br>| 393500 | 650076 |
| # | Zhongyu Energy <br> Holdings Ltd.<br>| 2299550 | 923016 |
| #Ω | Zhongyuan Bank Co. <br> Ltd., Class H<br>| 417000 | 16649 |
|  | Zhongyuan <br> Environment-Protection <br> Co. Ltd., Class A<br>| 804595 | 994834 |
| Ω | Zhou Hei Ya <br> International <br> Holdings Co. Ltd.<br>| 5860500 | 1375066 |
|  | Zhuhai Enpower <br> Electric Co. Ltd., <br> Class A<br>| 85700 | 384226 |

---

562

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhuhai Huafa <br> Properties Co. Ltd., <br> Class A<br>| 561638 | $388468 |
|  | Zhuzhou CRRC Times <br> Electric Co. Ltd., <br> Class H<br>| 2039650 | 10365749 |
|  | Zhuzhou Hongda <br> Electronics Corp. <br> Ltd., Class A<br>| 120532 | 725009 |
|  | Zhuzhou Kibing Group <br> Co. Ltd., Class A<br>| 1138800 | 1136569 |
| \* | Zhuzhou Smelter <br> Group Co. Ltd., <br> Class A<br>| 689600 | 1517419 |
|  | Zhuzhou Times New <br> Material Technology <br> Co. Ltd., Class A<br>| 537900 | 1103771 |
|  | Zibo Qixiang Tengda <br> Chemical Co. Ltd., <br> Class A<br>| 967500 | 654283 |
|  | Zijin Mining Group Co. <br> Ltd., Class H<br>| 17862000 | 73895307 |
|  | ZJAMP Group Co. <br> Ltd., Class A<br>| 239500 | 318571 |
| #Ω | ZJLD Group, Inc. | 52600 | 59107 |
|  | ZJMI Environmental <br> Energy Co. Ltd., <br> Class A<br>| 512727 | 1019264 |
|  | Zkteco Co. Ltd., <br> Class A<br>| 88800 | 393350 |
| # | ZMJ Group Co. Ltd., <br> Class H<br>| 2505400 | 6916119 |
| \* | Zonqing <br> Environmental Ltd.<br>| 48000 | 16424 |
|  | Zoomlion Heavy <br> Industry Science & <br> Technology Co. <br> Ltd., Class H<br>| 6503800 | 6279627 |
| # | ZTE Corp., Class H | 2059792 | 8700635 |
|  | ZTO Express <br> Cayman, Inc. (2057 <br> HK)<br>| 819850 | 15125236 |
|  | ZTO Express <br> Cayman, Inc. (ZTO <br> US), ADR<br>| 1047004 | 19463804 |
|  | ZWSOFT Co. Ltd. <br> Guangzhou, <br> Class A<br>| 13861 | 157085 |
| #Ω | Zylox-Tonbridge <br> Medical Technology <br> Co. Ltd., Class H<br>| 153000 | 464945 |
| TOTAL CHINA | TOTAL CHINA |  | 9126014986 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) |
|  | Almacenes Exito SA | 11996 | $11515 |
|  | Bolsa de Valores de <br> Colombia<br>| 20739 | 72310 |
|  | Celsia SA | 1462150 | 1854870 |
|  | Cementos Argos SA | 1666456 | 4461556 |
| \* | Corp. Financiera <br> Colombiana SA<br>| 417532 | 1973563 |
|  | Grupo Argos SA | 547146 | 2469820 |
|  | Grupo Aval Acciones y <br> Valores SA, ADR<br>| 16747 | 70672 |
|  | Grupo Cibest SA | 422977 | 6858191 |
|  | Grupo Cibest SA, <br> ADR<br>| 118217 | 6861315 |
|  | Grupo de Inversiones <br> Suramericana SA<br>| 159473 | 1938663 |
|  | Grupo Energia Bogota <br> SA ESP<br>| 3163204 | 2584940 |
|  | Interconexion Electrica <br> SA ESP<br>| 1124052 | 7290196 |
|  | Mineros SA | 417293 | 1472288 |
|  | Promigas SA ESP | 69923 | 116639 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 38036538 |
| CZECH REPUBLIC — (0.1%) | CZECH REPUBLIC — (0.1%) | CZECH REPUBLIC — (0.1%) | CZECH REPUBLIC — (0.1%) |
|  | CEZ AS | 422941 | 25900317 |
|  | Komercni Banka AS | 180880 | 9253116 |
| Ω | Moneta Money Bank <br> AS<br>| 839679 | 7107464 |
| # | Philip Morris CR AS | 2090 | 1781683 |
| TOTAL CZECH <br> REPUBLIC | TOTAL CZECH <br> REPUBLIC |  | 44042580 |
| EGYPT — (0.0%) | EGYPT — (0.0%) | EGYPT — (0.0%) | EGYPT — (0.0%) |
|  | Commercial <br> International Bank - <br> Egypt (CIB) (CBKD <br> LI), GDR<br>| 4942719 | 10537941 |
|  | EFG Holding SAE <br> (EFGD LI), GDR<br>| 34192 | 34197 |
|  | EFG Holding SAE <br> (EFGZF US), GDR<br>| 131241 | 131241 |
| TOTAL EGYPT | TOTAL EGYPT |  | 10703379 |
| FRANCE — (0.0%) | FRANCE — (0.0%) | FRANCE — (0.0%) | FRANCE — (0.0%) |
|  | Carrefour SA, BDR | 145019 | 2299840 |
| GREECE — (0.5%) | GREECE — (0.5%) | GREECE — (0.5%) | GREECE — (0.5%) |
|  | Aegean Airlines SA | 245956 | 3733362 |
| \* | Aktor SA Holding Co. <br> Technical & Energy <br> Projects<br>| 133992 | 1300391 |
|  | Alpha Bank SA | 4479043 | 17558786 |

---

563

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) |
|  | Athens International <br> Airport SA<br>| 18783 | $216825 |
|  | Athens Water Supply <br> & Sewage Co. SA<br>| 171411 | 1371820 |
|  | Autohellas Tourist & <br> Trading SA<br>| 118800 | 1514900 |
|  | Avax SA | 173111 | 478229 |
|  | Bank of Greece | 32631 | 556907 |
|  | Ellaktor SA | 256653 | 460539 |
| # | ElvalHalcor SA | 395854 | 1458997 |
|  | Eurobank Ergasias <br> Services & Holdings <br> SA<br>| 5895353 | 22175977 |
| \*†† | FF Group | 156853 | 0 |
|  | Fourlis Holdings SA | 258936 | 1224722 |
|  | GEK Terna SA | 365348 | 9751099 |
|  | Hellenic Exchanges - <br> Athens Stock <br> Exchange SA<br>| 134432 | 966758 |
|  | Hellenic <br> Telecommunications <br> Organization SA<br>| 419969 | 7886513 |
|  | Helleniq Energy <br> Holdings SA<br>| 432030 | 3799940 |
|  | Holding Co. ADMIE <br> IPTO SA<br>| 300724 | 1034067 |
|  | Ideal Holdings SA | 59686 | 404093 |
| # | Intracom Holdings SA | 404007 | 1556039 |
|  | Jumbo SA | 297202 | 9431016 |
|  | Kri-Kri Milk Industry <br> SA<br>| 55970 | 1270038 |
| \* | LAMDA Development <br> SA<br>| 356829 | 3043554 |
|  | Lavipharm SA | 161049 | 149693 |
| \* | Metlen Energy & <br> Metals PLC<br>| 227622 | 11534783 |
|  | Motor Oil Hellas <br> Corinth Refineries <br> SA<br>| 325983 | 9768909 |
|  | National Bank of <br> Greece SA<br>| 1302635 | 19146805 |
|  | OPAP SA | 411805 | 8513747 |
|  | Optima bank SA | 4349 | 40275 |
|  | Piraeus Financial <br> Holdings SA<br>| 1273424 | 9945705 |
|  | Piraeus Port Authority <br> SA<br>| 49643 | 2460493 |
|  | Profile Systems & <br> Software SA<br>| 36862 | 306269 |
|  | Public Power Corp. <br> SA<br>| 406294 | 7056171 |
|  | Quest Holdings SA | 170341 | 1383185 |
|  | Sarantis SA | 105490 | 1533524 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) |
|  | Thrace Plastics <br> Holding & Co.<br>| 87223 | $391359 |
|  | Titan SA (TITC BB) | 210081 | 9332040 |
|  | Titan SA (TITC GA) | 45653 | 2044123 |
| TOTAL GREECE | TOTAL GREECE |  | 174801653 |
| HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) |
|  | Truly International <br> Holdings Ltd.<br>| 13273000 | 1945450 |
| HUNGARY — (0.3%) | HUNGARY — (0.3%) | HUNGARY — (0.3%) | HUNGARY — (0.3%) |
| #\* | 4iG Nyrt | 55331 | 660992 |
|  | ANY Security Printing <br> Co.<br>| 547 | 11377 |
|  | Magyar Telekom <br> Telecommunications <br> PLC<br>| 1146807 | 6010599 |
| \* | MASTERPLAST Nyrt | 4476 | 37200 |
|  | MOL Hungarian Oil & <br> Gas PLC<br>| 2370592 | 20853651 |
|  | Opus Global Nyrt | 852804 | 1385605 |
|  | OTP Bank Nyrt | 503133 | 48026766 |
|  | Richter Gedeon Nyrt | 134755 | 4150999 |
| TOTAL HUNGARY | TOTAL HUNGARY |  | 81137189 |
| INDIA — (17.1%) | INDIA — (17.1%) | INDIA — (17.1%) | INDIA — (17.1%) |
|  | 360 ONE WAM Ltd. | 728310 | 8890673 |
| \* | 3i Infotech Ltd. | 259987 | 51476 |
|  | 3M India Ltd. | 4787 | 1594626 |
| \* | 5Paisa Capital Ltd. | 14166 | 50006 |
|  | 63 Moons <br> Technologies Ltd.<br>| 46475 | 416975 |
|  | Aarti Drugs Ltd. | 250368 | 1382773 |
|  | Aarti Industries Ltd. | 1027271 | 4405720 |
|  | Aarti Pharmalabs Ltd. | 225051 | 2147384 |
| \* | Aavas Financiers Ltd. | 23233 | 431539 |
|  | ABB India Ltd. | 60222 | 3542374 |
|  | Abbott India Ltd. | 9321 | 3046011 |
|  | ACC Ltd. | 257175 | 5438739 |
|  | Accelya Solutions <br> India Ltd.<br>| 8110 | 126708 |
|  | Action Construction <br> Equipment Ltd.<br>| 341269 | 4233275 |
| \* | Adani Energy <br> Solutions Ltd.<br>| 409646 | 4517796 |
|  | Adani Enterprises <br> Ltd.<br>| 87196 | 2428331 |
| \* | Adani Green Energy <br> Ltd.<br>| 123493 | 1578433 |
|  | Adani Ports & Special <br> Economic Zone <br> Ltd.<br>| 1234282 | 20171644 |
| \* | Adani Power Ltd. | 12362405 | 21970508 |

---

564

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Adani Total Gas Ltd. | 436762 | $3097120 |
|  | ADF Foods Ltd. | 159235 | 396564 |
| \* | Aditya Birla Capital <br> Ltd.<br>| 3272393 | 11985761 |
| \* | Aditya Birla Fashion & <br> Retail Ltd.<br>| 428731 | 391879 |
| \* | Aditya Birla Lifestyle <br> Brands Ltd.<br>| 428731 | 645692 |
|  | Aditya Birla Real <br> Estate Ltd.<br>| 279243 | 5946717 |
| Ω | Aditya Vision Ltd. | 4555 | 29216 |
|  | Advanced Enzyme <br> Technologies Ltd.<br>| 294271 | 1017209 |
|  | Advent Hotels <br> International Pvt <br> Ltd.<br>| 66965 | 235887 |
|  | Aegis Logistics Ltd. | 960492 | 8070990 |
| \* | Aether Industries Ltd. | 40252 | 341118 |
| \* | Affle 3i Ltd. | 84970 | 1839445 |
|  | Agarwal Industrial <br> Corp. Ltd.<br>| 14768 | 142679 |
|  | AGI Greenpac Ltd. | 221725 | 2052401 |
|  | Ahluwalia Contracts <br> India Ltd.<br>| 168736 | 1802146 |
|  | AIA Engineering Ltd. | 243348 | 8945452 |
|  | Ajanta Pharma Ltd. | 358228 | 9967286 |
|  | Ajmera Realty & Infra <br> India Ltd.<br>| 29421 | 354530 |
|  | Akzo Nobel India Ltd. | 63815 | 2334893 |
|  | Alembic Ltd. | 629826 | 706202 |
|  | Alembic <br> Pharmaceuticals <br> Ltd.<br>| 487649 | 4937309 |
|  | Alkem Laboratories <br> Ltd.<br>| 90937 | 5619395 |
|  | Alkyl Amines <br> Chemicals<br>| 57239 | 1196504 |
| \* | Allcargo Gati Ltd. | 274212 | 200199 |
|  | Allcargo Logistics Ltd. | 1983183 | 766478 |
|  | Allied Digital Services <br> Ltd.<br>| 12429 | 25495 |
|  | Amara Raja Energy & <br> Mobility Ltd.<br>| 885207 | 10018475 |
| \* | Amber Enterprises <br> India Ltd.<br>| 77815 | 7034144 |
|  | Ambika Cotton Mills <br> Ltd.<br>| 3263 | 49986 |
|  | Ambuja Cements Ltd. | 1005199 | 6396571 |
|  | Amrutanjan Health <br> Care Ltd.<br>| 45588 | 372622 |
|  | Anant Raj Ltd. | 606923 | 4399922 |
|  | Andhra Paper Ltd. | 63869 | 56102 |
|  | Andhra Sugars Ltd.  | 356515 | 327244 |
|  | Angel One Ltd. | 443541 | 12465909 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Antelopus Selan <br> Energy Ltd.<br>| 14588 | $94300 |
| \*Ω | Antony Waste <br> Handling Cell Ltd.<br>| 58255 | 356603 |
|  | Anup Engineering <br> Ltd.<br>| 16690 | 436018 |
|  | Anupam Rasayan <br> India Ltd.<br>| 17789 | 214064 |
|  | Apar Industries Ltd. | 102819 | 10035019 |
|  | Apcotex Industries <br> Ltd.<br>| 90855 | 365174 |
|  | APL Apollo Tubes <br> Ltd.<br>| 702145 | 14203924 |
|  | Apollo Hospitals <br> Enterprise Ltd.<br>| 248015 | 21451061 |
|  | Apollo Pipes Ltd. | 18737 | 65324 |
|  | Apollo Tyres Ltd. | 3558807 | 20085109 |
|  | Aptech Ltd. | 2974 | 3615 |
|  | Aptus Value Housing <br> Finance India Ltd.<br>| 258445 | 927428 |
| \* | Arman Financial <br> Services Ltd.<br>| 17030 | 313651 |
|  | Artemis Medicare <br> Services Ltd.<br>| 56702 | 158273 |
|  | Arvind Fashions Ltd. | 446899 | 2527449 |
|  | Arvind Ltd. | 1510517 | 5445062 |
|  | Arvind SmartSpaces <br> Ltd.<br>| 26423 | 190338 |
|  | Asahi India Glass Ltd. | 423721 | 4398279 |
|  | Ashapura Minechem <br> Ltd.<br>| 173798 | 1302486 |
|  | Ashiana Housing Ltd. | 142513 | 449461 |
|  | Ashok Leyland Ltd. | 14051516 | 22356331 |
| \* | Ashoka Buildcon Ltd. | 1398768 | 3234384 |
| \* | Asian Granito India <br> Ltd.<br>| 120261 | 86018 |
|  | Asian Paints Ltd. | 703164 | 19879710 |
|  | Associated Alcohols & <br> Breweries Ltd.<br>| 4609 | 62958 |
| Ω | Aster DM Healthcare <br> Ltd.<br>| 851889 | 6503907 |
|  | Astra Microwave <br> Products Ltd.<br>| 114927 | 1350088 |
|  | Astral Ltd. | 387240 | 6311287 |
|  | AstraZeneca Pharma <br> India Ltd.<br>| 23373 | 2503524 |
|  | Atul Ltd. | 99494 | 6468534 |
| Ω | AU Small Finance <br> Bank Ltd.<br>| 951713 | 9383437 |
|  | AurionPro Solutions <br> Ltd.<br>| 38256 | 520237 |
|  | Aurobindo Pharma <br> Ltd.<br>| 1291469 | 16640952 |
|  | Automotive Axles Ltd. | 36417 | 696613 |

---

565

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Avadh Sugar & <br> Energy Ltd.<br>| 27527 | $134017 |
|  | Avantel Ltd. | 126064 | 243732 |
|  | Avanti Feeds Ltd. | 272754 | 2140591 |
| \*Ω | Avenue Supermarts <br> Ltd.<br>| 96480 | 4510493 |
| \* | AWL Agri Business <br> Ltd.<br>| 215041 | 663230 |
|  | Axis Bank Ltd. (AXSB <br> IN)<br>| 7832547 | 108652126 |
| \* | AXISCADES <br> Technologies Ltd.<br>| 24713 | 445963 |
|  | Bajaj Auto Ltd. | 171821 | 17217228 |
| \* | Bajaj Consumer Care <br> Ltd.<br>| 474323 | 1480123 |
|  | Bajaj Finance Ltd. | 5549700 | 65316532 |
|  | Bajaj Finserv Ltd. | 716872 | 16862397 |
| \* | Bajaj Hindusthan <br> Sugar Ltd.<br>| 5009249 | 1245219 |
|  | Bajaj Holdings & <br> Investment Ltd.<br>| 151893 | 21069205 |
|  | Balaji Amines Ltd. | 86892 | 1374530 |
|  | Balkrishna Industries <br> Ltd.<br>| 350093 | 9004454 |
|  | Balmer Lawrie & Co. <br> Ltd.<br>| 565989 | 1283908 |
|  | Balrampur Chini Mills <br> Ltd.<br>| 1276271 | 6586649 |
|  | Banco Products India <br> Ltd.<br>| 325889 | 2604617 |
| Ω | Bandhan Bank Ltd. | 5206987 | 9166903 |
|  | Bank of Baroda | 3873114 | 12122506 |
|  | Bank of India | 2139467 | 3372648 |
|  | Bank of Maharashtra | 5106024 | 3398207 |
|  | Bannari Amman <br> Sugars Ltd.<br>| 8392 | 340032 |
|  | BASF India Ltd. | 69268 | 3440219 |
|  | Bata India Ltd. | 265158 | 3187384 |
|  | Bayer CropScience <br> Ltd.<br>| 39741 | 2182872 |
|  | BCL Industries Ltd. | 583871 | 261654 |
|  | BEML Ltd. | 112435 | 5552938 |
|  | Berger Paints India <br> Ltd.<br>| 972951 | 5930145 |
| \* | BF Utilities Ltd. | 92487 | 766041 |
|  | Bhagiradha Chemicals <br> & Industries Ltd.<br>| 13989 | 39079 |
|  | Bhansali Engineering <br> Polymers Ltd.<br>| 728316 | 808740 |
|  | Bharat Bijlee Ltd. | 32715 | 1114277 |
|  | Bharat Dynamics Ltd. | 187485 | 3237426 |
|  | Bharat Electronics <br> Ltd.<br>| 6148858 | 29492023 |
|  | Bharat Forge Ltd. | 914493 | 13593311 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Bharat Heavy <br> Electricals Ltd.<br>| 4954806 | $14747225 |
|  | Bharat Petroleum <br> Corp. Ltd.<br>| 3878066 | 15531486 |
|  | Bharat Rasayan Ltd. | 6905 | 841598 |
| \* | Bharat Wire Ropes <br> Ltd.<br>| 57329 | 127991 |
|  | Bharti Airtel Ltd. | 7023237 | 163169644 |
|  | Biocon Ltd. | 693700 | 2913050 |
|  | Birla Corp. Ltd. | 203687 | 2687635 |
|  | BirlaNu Ltd. | 29381 | 633061 |
|  | Birlasoft Ltd. | 1252951 | 5230657 |
| \* | BL Kashyap & Sons <br> Ltd.<br>| 59294 | 39456 |
|  | Black Box Ltd. | 171179 | 1020471 |
|  | Bliss Gvs Pharma <br> Ltd.<br>| 161555 | 285209 |
|  | BLS International <br> Services Ltd.<br>| 316388 | 1120673 |
|  | Blue Dart Express <br> Ltd.<br>| 34009 | 2487327 |
|  | Blue Star Ltd. | 416191 | 9039441 |
| \* | Bluspring Enterprises <br> Ltd.<br>| 375375 | 340716 |
|  | Bombay Burmah <br> Trading Co.<br>| 153583 | 3429575 |
|  | Bombay Dyeing & <br> Manufacturing Co. <br> Ltd.<br>| 270208 | 498970 |
| \* | Borosil Ltd. | 47947 | 184596 |
| \* | Borosil Renewables <br> Ltd.<br>| 45879 | 332600 |
| \* | Borosil Scientific Ltd. | 12129 | 18710 |
|  | Bosch Ltd. | 9561 | 4012322 |
|  | Brigade Enterprises <br> Ltd.<br>| 568714 | 6633860 |
| \* | Brightcom Group Ltd. | 8340699 | 1278410 |
|  | Britannia Industries <br> Ltd.<br>| 253892 | 16728633 |
|  | BSE Ltd. | 845919 | 23641783 |
| \* | Camlin Fine Sciences <br> Ltd.<br>| 157227 | 345023 |
|  | Campus Activewear <br> Ltd.<br>| 181304 | 569700 |
|  | Can Fin Homes Ltd. | 664643 | 6454839 |
|  | Canara Bank | 7096084 | 10917833 |
|  | Cantabil Retail India <br> Ltd.<br>| 47163 | 138106 |
| \* | Capacit'e Infraprojects <br> Ltd.<br>| 382726 | 1230996 |
|  | Capital Small Finance <br> Bank Ltd.<br>| 3943 | 12547 |
|  | Caplin Point <br> Laboratories Ltd.<br>| 192876 | 4403912 |

---

566

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Carborundum <br> Universal Ltd.<br>| 526172 | $5351888 |
|  | Care Ratings Ltd. | 149702 | 2694767 |
| \* | Cartrade Tech Ltd. | 59830 | 2020323 |
|  | Carysil Ltd. | 31546 | 331738 |
|  | Castrol India Ltd. | 2450623 | 5377191 |
|  | CCL Products India <br> Ltd.<br>| 633760 | 6149073 |
|  | CE Info Systems Ltd. | 42977 | 878373 |
|  | Ceat Ltd. | 235579 | 10684717 |
|  | Cello World Ltd. | 1880 | 13874 |
|  | Central Depository <br> Services India Ltd.<br>| 589988 | 10570510 |
|  | Centum Electronics <br> Ltd.<br>| 2709 | 77216 |
|  | Century Enka Ltd. | 66350 | 347044 |
|  | Century Plyboards <br> India Ltd.<br>| 459764 | 3898558 |
|  | Cera Sanitaryware <br> Ltd.<br>| 34780 | 2446418 |
|  | CESC Ltd. | 3525344 | 7139096 |
|  | CG Power & Industrial <br> Solutions Ltd.<br>| 3118445 | 25827261 |
| \* | Chalet Hotels Ltd. | 108969 | 1165248 |
|  | Chambal Fertilisers & <br> Chemicals Ltd.<br>| 1785652 | 9669986 |
| \* | Chemplast Sanmar <br> Ltd.<br>| 46730 | 209452 |
|  | Chennai Petroleum <br> Corp. Ltd.<br>| 239306 | 2615531 |
| \* | Choice International <br> Ltd.<br>| 93055 | 875224 |
|  | Cholamandalam <br> Financial Holdings <br> Ltd.<br>| 706420 | 15147492 |
|  | Cholamandalam <br> Investment & <br> Finance Co. Ltd.<br>| 1364643 | 26142925 |
|  | CIE Automotive India <br> Ltd.<br>| 975621 | 4728918 |
| \* | Cigniti Technologies <br> Ltd.<br>| 4779 | 92790 |
|  | Cipla Ltd. | 1602457 | 27100878 |
|  | City Union Bank Ltd. | 2844817 | 7219936 |
|  | Clean Science & <br> Technology Ltd.<br>| 39897 | 453570 |
|  | CMS Info Systems <br> Ltd.<br>| 548126 | 2298733 |
|  | Coal India Ltd. | 2682867 | 11752855 |
| Ω | Cochin Shipyard Ltd. | 488654 | 9851077 |
| \*Ω | Coffee Day <br> Enterprises Ltd.<br>| 268650 | 127196 |
|  | Coforge Ltd. | 977340 | 19637262 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Cohance Lifesciences <br> Ltd.<br>| 887363 | $7500085 |
|  | Colgate-Palmolive <br> India Ltd.<br>| 407402 | 10323499 |
|  | Computer Age <br> Management <br> Services Ltd.<br>| 266118 | 11758957 |
|  | Concord Biotech Ltd. | 3218 | 52559 |
|  | Confidence Petroleum <br> India Ltd.<br>| 681379 | 318205 |
|  | Container Corp. of <br> India Ltd.<br>| 1071831 | 6602028 |
|  | Control Print Ltd. | 7605 | 62959 |
|  | Coromandel <br> International Ltd.<br>| 1008567 | 24258221 |
|  | Cosmo First Ltd. | 111559 | 1042470 |
|  | Craftsman Automation <br> Ltd.<br>| 887 | 66591 |
| \* | CreditAccess <br> Grameen Ltd.<br>| 349047 | 5543598 |
|  | CRISIL Ltd. | 103435 | 5750440 |
|  | Crompton Greaves <br> Consumer <br> Electricals Ltd.<br>| 3564601 | 11349296 |
| \* | CSB Bank Ltd. | 334927 | 1565513 |
|  | Cummins India Ltd. | 247524 | 12120496 |
|  | Cyient Ltd. | 444776 | 5836187 |
| \*Ω | D.P. Abhushan Ltd. | 14687 | 233107 |
|  | Dabur India Ltd. | 1095212 | 6019350 |
|  | Dalmia Bharat Ltd. | 394033 | 9308223 |
| \* | Dalmia Bharat <br> Refractories Ltd.<br>| 2328 | 0 |
|  | Dalmia Bharat Sugar <br> & Industries Ltd.<br>| 112172 | 436947 |
|  | Datamatics Global <br> Services Ltd.<br>| 49604 | 521375 |
|  | DB Corp. Ltd. | 370945 | 1121311 |
|  | DCB Bank Ltd. | 1729110 | 3078526 |
|  | DCM Shriram <br> Industries Ltd.<br>| 134379 | 264125 |
|  | DCM Shriram Ltd. | 373597 | 5400138 |
|  | DCW Ltd. | 1164195 | 829715 |
|  | Ddev Plastiks <br> Industries Ltd.<br>| 6327 | 21473 |
|  | Deep Industries Ltd. | 40231 | 218919 |
|  | Deepak Fertilisers & <br> Petrochemicals <br> Corp. Ltd.<br>| 591136 | 9901366 |
|  | Deepak Nitrite Ltd. | 358893 | 6964429 |
| \* | Delhivery Ltd. | 925618 | 4863245 |
|  | Delta Corp. Ltd. | 573884 | 503419 |
| \* | DEN Networks Ltd. | 376689 | 140927 |
| \* | Devyani International <br> Ltd.<br>| 314356 | 571006 |

---

567

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Dhampur Sugar Mills <br> Ltd.<br>| 252211 | $387504 |
| \* | Dhanlaxmi Bank Ltd. | 266866 | 79263 |
|  | Dhanuka Agritech <br> Ltd.<br>| 112124 | 1723049 |
| \* | Digitide Solutions Ltd. | 353702 | 634614 |
| Ω | Dilip Buildcon Ltd. | 271098 | 1510408 |
| \* | Dish TV India Ltd. | 6345026 | 318061 |
| \* | Dishman Carbogen <br> Amcis Ltd.<br>| 516045 | 1693566 |
|  | Divi's Laboratories <br> Ltd.<br>| 174475 | 13269526 |
|  | Dixon Technologies <br> India Ltd.<br>| 179577 | 31314013 |
|  | DLF Ltd. | 934731 | 7972953 |
|  | D-Link India Ltd. | 28590 | 147751 |
|  | Dodla Dairy Ltd. | 9378 | 136734 |
|  | Dollar Industries Ltd. | 85213 | 342960 |
| Ω | Dr. Lal PathLabs Ltd. | 209237 | 7400396 |
| # | Dr. Reddy's <br> Laboratories Ltd., <br> ADR<br>| 1360890 | 18086228 |
|  | Dr. Reddy's <br> Laboratories Ltd. <br> (DRRD IN)<br>| 1005650 | 13535794 |
| \* | Dredging Corp. of <br> India Ltd.<br>| 3704 | 30726 |
|  | Dwarikesh Sugar <br> Industries Ltd.<br>| 1017148 | 497657 |
|  | Dynacons Systems & <br> Solutions Ltd.<br>| 2714 | 28098 |
|  | Dynamatic <br> Technologies Ltd.<br>| 13643 | 1214469 |
|  | eClerx Services Ltd. | 198014 | 10550296 |
|  | Edelweiss Financial <br> Services Ltd.<br>| 2966936 | 3785904 |
|  | Eicher Motors Ltd. | 332378 | 26238316 |
| \* | EID Parry India Ltd. | 845475 | 10240294 |
|  | EIH Associated <br> Hotels<br>| 73136 | 314209 |
|  | EIH Ltd. | 1079962 | 4739389 |
|  | Eimco Elecon India <br> Ltd.<br>| 1193 | 25099 |
|  | Elecon Engineering <br> Co. Ltd.<br>| 179730 | 1134407 |
|  | Electrosteel Castings <br> Ltd.<br>| 2218725 | 2282722 |
|  | Elgi Equipments Ltd. | 814307 | 4557364 |
|  | Emami Ltd. | 1154971 | 6943800 |
| \* | Embassy <br> Developments Ltd.<br>| 2964659 | 3112566 |
| Ω | Endurance <br> Technologies Ltd.<br>| 148361 | 4742236 |
|  | Engineers India Ltd. | 1864511 | 4225579 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Epigral Ltd. | 103523 | $1969422 |
|  | EPL Ltd. | 905999 | 2057580 |
| \*Ω | Equitas Small Finance <br> Bank Ltd.<br>| 1485971 | 956102 |
| Ω | Eris Lifesciences Ltd. | 192217 | 3457097 |
|  | ESAB India Ltd. | 18250 | 1007125 |
|  | Escorts Kubota Ltd. | 214375 | 9124949 |
| \* | Eternal Ltd. | 2258995 | 8068513 |
| \* | Eureka Forbes Ltd. | 15872 | 99522 |
|  | Eveready Industries <br> India Ltd.<br>| 18187 | 77463 |
|  | Everest Industries <br> Ltd.<br>| 30444 | 202703 |
|  | Everest Kanto <br> Cylinder Ltd.<br>| 74547 | 121848 |
|  | Excel Industries Ltd. | 27054 | 341009 |
|  | Exide Industries Ltd. | 2617469 | 11263505 |
|  | Expleo Solutions Ltd. | 862 | 9817 |
|  | Fairchem Organics <br> Ltd.<br>| 1341 | 11461 |
|  | FDC Ltd. | 399922 | 2088339 |
|  | Federal Bank Ltd. | 13607574 | 36245429 |
| \* | Federal-Mogul Goetze <br> India Ltd.<br>| 54733 | 283024 |
|  | FIEM Industries Ltd. | 75154 | 1763579 |
|  | Filatex India Ltd. | 1134621 | 808963 |
|  | Fine Organic <br> Industries Ltd.<br>| 37617 | 1876457 |
|  | Fineotex Chemical <br> Ltd.<br>| 3936050 | 1322640 |
| \* | Fino Payments Bank <br> Ltd.<br>| 59660 | 190049 |
|  | Finolex Cables Ltd. | 549480 | 4868080 |
|  | Finolex Industries Ltd. | 2111313 | 4456169 |
|  | Firstsource Solutions <br> Ltd.<br>| 2389885 | 9526775 |
|  | Force Motors Ltd. | 37959 | 7565673 |
|  | Fortis Healthcare Ltd. | 2435989 | 28101416 |
| \* | FSN E-Commerce <br> Ventures Ltd.<br>| 1497727 | 4188512 |
| \* | Fusion Finance Ltd. | 231005 | 393257 |
|  | G R Infraprojects Ltd. | 8231 | 107926 |
|  | Gabriel India Ltd. | 641693 | 9177543 |
|  | GAIL India Ltd. (GAIL <br> IN)<br>| 6902596 | 14157316 |
|  | Galaxy Surfactants <br> Ltd.<br>| 53030 | 1331099 |
|  | Ganesh Housing Ltd. | 80362 | 749744 |
|  | Ganesha Ecosphere <br> Ltd.<br>| 25941 | 353105 |
|  | Garware Hi-Tech <br> Films Ltd.<br>| 21472 | 821359 |
|  | Garware Technical <br> Fibres Ltd.<br>| 300700 | 2582640 |

---

568

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Gateway Distriparks <br> Ltd.<br>| 2147220 | $1545979 |
|  | GE Vernova T&D <br> India Ltd.<br>| 196699 | 6715772 |
| \* | Genesys International <br> Corp. Ltd.<br>| 4330 | 24704 |
|  | Geojit Financial <br> Services Ltd.<br>| 617242 | 514609 |
|  | GHCL Ltd. | 749719 | 5376014 |
|  | GHCL Textiles Ltd. | 761649 | 664120 |
|  | GIC Housing Finance <br> Ltd.<br>| 258928 | 510103 |
|  | Gillette India Ltd. | 38612 | 3916958 |
| Ω | Gland Pharma Ltd. | 73542 | 1598116 |
|  | GlaxoSmithKline <br> Pharmaceuticals <br> Ltd.<br>| 164150 | 4840101 |
|  | Glenmark <br> Pharmaceuticals <br> Ltd.<br>| 1204820 | 25655498 |
|  | Global Health Ltd. | 148522 | 2188148 |
|  | Globus Spirits Ltd. | 17436 | 227811 |
|  | GMM Pfaudler Ltd. | 52678 | 766194 |
| \* | GMR Airports Ltd. | 6429437 | 6784811 |
|  | GNA Axles Ltd. | 27625 | 96995 |
| \* | Go Fashion India Ltd. | 26000 | 188815 |
|  | GOCL Corp. Ltd. | 6992 | 27826 |
|  | Godawari Power & <br> Ispat Ltd.<br>| 1710969 | 5428675 |
|  | Godfrey Phillips India <br> Ltd.<br>| 406509 | 14106246 |
| Ω | Godrej Agrovet Ltd. | 167131 | 1251260 |
|  | Godrej Consumer <br> Products Ltd.<br>| 909875 | 11472699 |
| \* | Godrej Industries Ltd. | 368824 | 4612901 |
| \* | Godrej Properties Ltd. | 213920 | 5502974 |
| \* | Gokaldas Exports <br> Ltd.<br>| 95489 | 902718 |
| \* | Gokul Agro Resources <br> Ltd.<br>| 94498 | 182502 |
|  | Goldiam International <br> Ltd.<br>| 145490 | 585975 |
|  | Goodluck India Ltd. | 36196 | 515266 |
|  | Goodyear India Ltd. | 21616 | 238801 |
|  | GPT Infraprojects Ltd. | 6448 | 7789 |
|  | Granules India Ltd. | 1304287 | 8317695 |
|  | Graphite India Ltd. | 528952 | 3709991 |
|  | Grasim Industries Ltd. | 725875 | 23693840 |
|  | Grauer & Weil India <br> Ltd.<br>| 624637 | 596244 |
|  | Gravita India Ltd. | 133846 | 2509913 |
|  | Great Eastern <br> Shipping Co. Ltd. <br>| 917387 | 11341415 |
|  | Greaves Cotton Ltd. | 529219 | 1357491 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Greenlam Industries <br> Ltd.<br>| 224810 | $670661 |
|  | Greenpanel Industries <br> Ltd.<br>| 388344 | 1251579 |
|  | Greenply Industries <br> Ltd.<br>| 415354 | 1426950 |
|  | Grindwell Norton Ltd. | 172602 | 3266187 |
|  | Group Ltd. | 404 | 9055 |
|  | Gufic Biosciences <br> Ltd.<br>| 18236 | 66923 |
|  | Gujarat Alkalies & <br> Chemicals Ltd.<br>| 195121 | 1256581 |
|  | Gujarat Ambuja <br> Exports Ltd.<br>| 1074280 | 1276148 |
|  | Gujarat <br> Fluorochemicals <br> Ltd.<br>| 200886 | 8473336 |
|  | Gujarat Gas Ltd. | 574265 | 2637810 |
|  | Gujarat Industries <br> Power Co. Ltd.<br>| 184821 | 379573 |
|  | Gujarat Mineral <br> Development Corp. <br> Ltd.<br>| 717644 | 4788119 |
|  | Gujarat Narmada <br> Valley Fertilizers & <br> Chemicals Ltd.<br>| 606545 | 3430623 |
|  | Gujarat Pipavav Port <br> Ltd.<br>| 2077351 | 3898524 |
|  | Gujarat State <br> Fertilizers & <br> Chemicals Ltd.<br>| 1541443 | 3311556 |
|  | Gujarat State Petronet <br> Ltd.<br>| 2596296 | 9043711 |
|  | Gulf Oil Lubricants <br> India Ltd.<br>| 128240 | 1785602 |
|  | Happiest Minds <br> Technologies Ltd.<br>| 242650 | 1406450 |
|  | Hariom Pipe <br> Industries Ltd.<br>| 8408 | 42391 |
| Ω | Harsha Engineers <br> Ltd.<br>| 29319 | 132702 |
| \* | Hathway Cable & <br> Datacom Ltd.<br>| 1149792 | 178986 |
|  | Hatsun Agro Product <br> Ltd.<br>| 180239 | 2244802 |
|  | Havells India Ltd. | 588700 | 9886754 |
|  | HBL Engineering Ltd. | 655559 | 7397634 |
|  | HCL Technologies <br> Ltd.<br>| 2961027 | 51327202 |
| Ω | HDFC Asset <br> Management Co. <br> Ltd.<br>| 299372 | 18123576 |
|  | HDFC Bank Ltd. | 13637972 | 151738277 |

---

569

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| Ω | HDFC Life Insurance <br> Co. Ltd.<br>| 516609 | $4250290 |
| \* | HealthCare Global <br> Enterprises Ltd.<br>| 133956 | 1126864 |
|  | HEG Ltd. | 444795 | 2949381 |
|  | HeidelbergCement <br> India Ltd.<br>| 586254 | 1293442 |
|  | Heritage Foods Ltd. | 342616 | 1861797 |
|  | Hero MotoCorp Ltd. <br> (HMCL IN)<br>| 544537 | 34026950 |
|  | Hester Biosciences <br> Ltd.<br>| 12925 | 232794 |
|  | HFCL Ltd. | 5836041 | 4824133 |
|  | HG Infra Engineering <br> Ltd.<br>| 146513 | 1516858 |
|  | Hikal Ltd. | 348124 | 936833 |
|  | Himadri Speciality <br> Chemical Ltd.<br>| 1529176 | 8267873 |
|  | Himatsingka Seide <br> Ltd.<br>| 147294 | 205665 |
|  | Hindalco Industries <br> Ltd.<br>| 4095312 | 39113290 |
|  | Hinduja Global <br> Solutions Ltd.<br>| 116383 | 680724 |
|  | Hindustan Aeronautics <br> Ltd.<br>| 539932 | 28498956 |
|  | Hindustan Copper <br> Ltd.<br>| 1665808 | 6376767 |
| \* | Hindustan Foods Ltd. | 30274 | 179463 |
| \* | Hindustan Oil <br> Exploration Co. <br> Ltd.<br>| 293777 | 507001 |
|  | Hindustan Petroleum <br> Corp. Ltd.<br>| 2697155 | 14429444 |
|  | Hindustan Unilever <br> Ltd.<br>| 882961 | 24479042 |
| \* | Hindware Home <br> Innovation Ltd.<br>| 70149 | 290739 |
|  | Hitachi Energy India <br> Ltd.<br>| 41519 | 8299863 |
|  | HI-Tech Pipes Ltd. | 99817 | 128644 |
|  | Hle Glascoat Ltd. | 16779 | 107859 |
| \* | HLV Ltd. | 188478 | 24631 |
| Ω | Home First Finance <br> Co. India Ltd.<br>| 164596 | 2215635 |
|  | Honda India Power <br> Products Ltd.<br>| 19873 | 583981 |
|  | HPL Electric & Power <br> Ltd.<br>| 33126 | 165132 |
| \* | Hubtown Ltd. | 78943 | 266101 |
|  | Huhtamaki India Ltd. | 112840 | 309690 |
|  | I G Petrochemicals <br> Ltd.<br>| 21392 | 100507 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | ICICI Bank Ltd. (IBN <br> US), Sponsored <br> ADR<br>| 4267697 | $129311219 |
|  | ICICI Bank Ltd. <br> (ICICIBC IN)<br>| 3903946 | 59163868 |
| Ω | ICICI Lombard <br> General Insurance <br> Co. Ltd.<br>| 315717 | 7117788 |
| Ω | ICICI Prudential Life <br> Insurance Co. Ltd.<br>| 391016 | 2605524 |
|  | ICRA Ltd. | 7584 | 546792 |
| \* | ideaForge Technology <br> Ltd.<br>| 6937 | 37792 |
|  | IDFC First Bank Ltd. | 29171417 | 26837105 |
| \* | IFB Industries Ltd. | 44055 | 927881 |
| \* | IFCI Ltd. | 2395812 | 1561816 |
|  | Igarashi Motors India <br> Ltd.<br>| 14232 | 80940 |
|  | IIFL Capital Services <br> Ltd.<br>| 1357770 | 5247801 |
| \* | IIFL Finance Ltd. | 1500891 | 9036667 |
| \* | Imagicaaworld <br> Entertainment Ltd.<br>| 306701 | 178849 |
| \* | India Cements Ltd. | 528400 | 2388574 |
|  | India Glycols Ltd. | 230264 | 2506548 |
|  | India Nippon <br> Electricals Ltd.<br>| 12610 | 136333 |
|  | India Pesticides Ltd. | 31015 | 66238 |
|  | India Power Corp. <br> Ltd.<br>| 284965 | 37875 |
| Ω | IndiaMart InterMesh <br> Ltd.<br>| 12770 | 353863 |
|  | Indian Bank | 1296674 | 12543330 |
| Ω | Indian Energy <br> Exchange Ltd.<br>| 2562507 | 4017868 |
|  | Indian Hotels Co. Ltd. | 1652302 | 13856294 |
|  | Indian Hume Pipe Co. <br> Ltd.<br>| 2886 | 11618 |
|  | Indian Metals & Ferro <br> Alloys Ltd.<br>| 54962 | 743219 |
|  | Indian Oil Corp. Ltd. | 5164850 | 9658572 |
|  | Indian Railway <br> Catering & Tourism <br> Corp. Ltd.<br>| 621102 | 5021229 |
| Ω | Indian Railway <br> Finance Corp. Ltd.<br>| 2687487 | 3729501 |
|  | Indigo Paints Ltd. | 11626 | 131404 |
|  | Indo Count Industries <br> Ltd.<br>| 592296 | 1899616 |
| \* | Indo Tech <br> Transformers Ltd.<br>| 1762 | 33530 |
|  | Indoco Remedies Ltd. | 235278 | 743088 |
| \*Ω | IndoStar Capital <br> Finance Ltd.<br>| 29957 | 83740 |

---

570

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Indraprastha Gas Ltd. | 2087522 | $4976324 |
|  | Indraprastha Medical <br> Corp. Ltd.<br>| 52105 | 359860 |
| \* | Indus Towers Ltd. | 5584435 | 22912888 |
| \* | IndusInd Bank Ltd. | 1062000 | 9504147 |
| \* | Infibeam Avenues <br> Ltd.<br>| 9090872 | 1853003 |
|  | Info Edge India Ltd. | 797799 | 12349642 |
|  | Infosys Ltd. (INFO IN) | 7955267 | 132515604 |
| # | Infosys Ltd. (INFY <br> US), Sponsored <br> ADR<br>| 2423448 | 40156533 |
|  | Ingersoll Rand India <br> Ltd.<br>| 41855 | 1794942 |
| \* | Inox Wind Ltd. | 1207163 | 2103557 |
| \* | Insecticides India Ltd. | 64008 | 522155 |
|  | Intellect Design Arena <br> Ltd.<br>| 512848 | 6510897 |
| Ω | InterGlobe Aviation <br> Ltd.<br>| 327830 | 20846563 |
|  | IOL Chemicals & <br> Pharmaceuticals <br> Ltd.<br>| 786700 | 818249 |
|  | ION Exchange India <br> Ltd.<br>| 135554 | 610777 |
|  | Ipca Laboratories Ltd. | 849260 | 12147027 |
|  | IRB Infrastructure <br> Developers Ltd.<br>| 5383459 | 2721288 |
| Ω | IRCON International <br> Ltd.<br>| 1879788 | 3586282 |
|  | ISGEC Heavy <br> Engineering Ltd.<br>| 91723 | 904525 |
| \* | ITC Hotels Ltd. | 945421 | 2309142 |
|  | ITC Ltd. | 9454218 | 44709220 |
|  | J Kumar Infraprojects <br> Ltd.<br>| 282052 | 2101105 |
|  | Jagran Prakashan <br> Ltd.<br>| 526157 | 429795 |
| \* | Jai Balaji Industries <br> Ltd.<br>| 111023 | 117952 |
|  | Jai Corp. Ltd. | 369274 | 686001 |
| \* | Jain Irrigation <br> Systems Ltd.<br>| 712898 | 411923 |
| \* | Jaiprakash Power <br> Ventures Ltd.<br>| 13550170 | 2750900 |
|  | Jammu & Kashmir <br> Bank Ltd. <br>| 2813026 | 3360886 |
|  | Jamna Auto Industries <br> Ltd.<br>| 1633971 | 1741307 |
|  | Jash Engineering Ltd. | 40142 | 219188 |
|  | JB Chemicals & <br> Pharmaceuticals <br> Ltd.<br>| 532008 | 10050816 |
|  | JBM Auto Ltd. | 289208 | 2161046 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Jindal Drilling & <br> Industries Ltd.<br>| 8294 | $53596 |
|  | Jindal Poly Films Ltd. | 173458 | 1108676 |
|  | Jindal Saw Ltd. | 3033542 | 5996854 |
|  | Jindal Stainless Ltd. | 3443762 | 29233895 |
|  | Jindal Steel Ltd. | 2233951 | 26860799 |
|  | Jindal Worldwide Ltd. | 155300 | 63888 |
|  | Jio Financial Services <br> Ltd.<br>| 5022249 | 17375001 |
| \* | JITF Infralogistics Ltd. | 31327 | 106694 |
|  | JK Cement Ltd. | 193990 | 13609015 |
|  | JK Lakshmi Cement <br> Ltd.<br>| 430296 | 4218229 |
|  | JK Paper Ltd. | 969788 | 4359330 |
|  | JK Tyre & Industries <br> Ltd.<br>| 1159437 | 5627273 |
|  | JM Financial Ltd. | 2849235 | 5254231 |
|  | Johnson <br> Controls-Hitachi Air <br> Conditioning India <br> Ltd.<br>| 1108 | 21460 |
|  | JSW Energy Ltd. | 1914046 | 11376546 |
|  | JSW Steel Ltd. | 3063437 | 41670552 |
|  | JTEKT India Ltd. | 434264 | 762713 |
|  | Jubilant Foodworks <br> Ltd.<br>| 2172629 | 14675855 |
|  | Jubilant Ingrevia Ltd. | 841350 | 6535141 |
|  | Jubilant Pharmova <br> Ltd.<br>| 678091 | 8322188 |
|  | Jupiter Wagons Ltd. | 302639 | 1095246 |
| \* | Just Dial Ltd. | 91506 | 795905 |
|  | Jyothy Labs Ltd. | 948390 | 3363635 |
| \* | Jyoti Structures Ltd. | 4646208 | 683080 |
|  | Kajaria Ceramics Ltd. | 642455 | 8691420 |
|  | Kalpataru Projects <br> International Ltd.<br>| 759279 | 10734845 |
|  | Kalyan Jewellers India <br> Ltd.<br>| 617706 | 3547743 |
|  | Kalyani Steels Ltd. | 203343 | 1985197 |
|  | Kansai Nerolac Paints <br> Ltd.<br>| 906862 | 2544008 |
|  | Karnataka Bank Ltd.  | 1691799 | 3419396 |
|  | Karur Vysya Bank Ltd. <br>| 4488854 | 12314993 |
|  | Kaveri Seed Co. Ltd. | 209217 | 2455594 |
| \* | Kaynes Technology <br> India Ltd.<br>| 13385 | 1010990 |
|  | KCP Ltd.  | 563447 | 1294694 |
|  | KDDL Ltd. | 12902 | 363666 |
|  | KEC International Ltd. | 890909 | 8198191 |
|  | KEI Industries Ltd. | 370600 | 16799422 |
| \* | Kellton Tech Solutions <br> Ltd.<br>| 1366925 | 337714 |
|  | Kennametal India Ltd. | 21504 | 505081 |

---

571

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Kesoram Industries <br> Ltd.<br>| 145969 | $8479 |
|  | Kewal Kiran Clothing <br> Ltd.<br>| 62086 | 361501 |
|  | Keystone Realtors <br> Ltd.<br>| 4139 | 26579 |
|  | Kfin Technologies Ltd. | 5993 | 74060 |
| \* | Kiri Industries Ltd. | 82356 | 493932 |
|  | Kirloskar Brothers <br> Ltd.<br>| 113860 | 2407404 |
| \* | Kirloskar Electric Co. <br> Ltd.<br>| 31396 | 41615 |
|  | Kirloskar Ferrous <br> Industries Ltd.<br>| 305181 | 1765629 |
|  | Kirloskar Industries <br> Ltd.<br>| 2180 | 93052 |
|  | Kirloskar Oil Engines <br> Ltd.<br>| 584760 | 6580634 |
|  | Kirloskar Pneumatic <br> Co. Ltd.<br>| 42165 | 531531 |
|  | Kitex Garments Ltd. | 723753 | 1700818 |
|  | KNR Constructions <br> Ltd.<br>| 1321586 | 2702280 |
| \* | Kolte-Patil Developers <br> Ltd.<br>| 185064 | 893105 |
|  | Kopran Ltd. | 19056 | 35569 |
|  | Kotak Mahindra Bank <br> Ltd.<br>| 1114672 | 26446675 |
|  | Kovai Medical Center <br> & Hospital Ltd.<br>| 2860 | 206305 |
| Ω | KPI Green Energy <br> Ltd.<br>| 181367 | 1083848 |
|  | KPIT Technologies <br> Ltd.<br>| 1119449 | 14718728 |
|  | KPR Mill Ltd. | 574481 | 6914960 |
|  | KRBL Ltd. | 512858 | 2157128 |
| \*Ω | Krishna Institute of <br> Medical Sciences <br> Ltd.<br>| 316592 | 2569641 |
|  | Krsnaa Diagnostics <br> Ltd.<br>| 52800 | 461651 |
|  | KSB Ltd. | 286720 | 2560965 |
|  | Ksolves India Ltd. | 18020 | 64641 |
|  | L&T Finance Ltd. | 3982167 | 12131157 |
| Ω | L&T Technology <br> Services Ltd.<br>| 57009 | 2640168 |
|  | LA Opala RG Ltd. | 211733 | 547288 |
|  | Landmark Cars Ltd. | 8940 | 64052 |
|  | Larsen & Toubro Ltd. | 1345043 | 60986659 |
| Ω | Laurus Labs Ltd. | 2145834 | 23079615 |
|  | Laxmi Organic <br> Industries Ltd.<br>| 216977 | 476961 |
| \*Ω | Lemon Tree Hotels <br> Ltd.<br>| 1629782 | 3027309 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | LG Balakrishnan & <br> Bros Ltd.<br>| 189085 | $3023713 |
|  | LIC Housing Finance <br> Ltd.<br>| 2379135 | 15333829 |
|  | Lincoln <br> Pharmaceuticals <br> Ltd.<br>| 17425 | 104921 |
|  | Linde India Ltd. | 54237 | 3670077 |
|  | Lloyds Engineering <br> Works Ltd.<br>| 2250878 | 1397567 |
|  | Lloyds Metals & <br> Energy Ltd.<br>| 33220 | 487144 |
|  | LMW Ltd. | 18002 | 3188778 |
| Ω | Lodha Developers <br> Ltd.<br>| 104160 | 1405963 |
|  | LT Foods Ltd. | 2083868 | 9866227 |
| Ω | LTIMindtree Ltd. | 262585 | 16783488 |
|  | Lumax Auto <br> Technologies Ltd.<br>| 228184 | 2903494 |
|  | Lumax Industries Ltd. | 15471 | 867359 |
|  | Lupin Ltd. | 830759 | 18451932 |
|  | LUX Industries Ltd. | 42876 | 617502 |
|  | Mahanagar Gas Ltd. | 223084 | 3197453 |
|  | Maharashtra Scooters <br> Ltd.<br>| 7642 | 1299159 |
|  | Maharashtra <br> Seamless Ltd.<br>| 413482 | 2648364 |
|  | Mahindra & Mahindra <br> Financial Services <br> Ltd.<br>| 3510266 | 12472110 |
|  | Mahindra & Mahindra <br> Ltd.<br>| 2795715 | 109889344 |
| \* | Mahindra Holidays & <br> Resorts India Ltd.<br>| 566670 | 2099403 |
|  | Mahindra Lifespace <br> Developers Ltd.<br>| 646673 | 2813569 |
| Ω | Mahindra Logistics <br> Ltd.<br>| 53125 | 210288 |
|  | Maithan Alloys Ltd. | 60012 | 747281 |
| \* | Man Industries India <br> Ltd.<br>| 71097 | 330257 |
|  | Man Infraconstruction <br> Ltd.<br>| 773289 | 1291947 |
|  | Manali Petrochemicals <br> Ltd.<br>| 15420 | 12840 |
|  | Manappuram Finance <br> Ltd.<br>| 5455313 | 16634574 |
|  | Mangalam Cement <br> Ltd.<br>| 73303 | 642257 |
| \* | Mangalore Refinery & <br> Petrochemicals Ltd.<br>| 896438 | 1673272 |
|  | Mankind Pharma Ltd. | 9254 | 247360 |
|  | Manorama Industries <br> Ltd.<br>| 16332 | 254896 |

---

572

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Marico Ltd. | 1984233 | $16130383 |
|  | Marksans Pharma <br> Ltd.<br>| 1890046 | 3895128 |
|  | Maruti Suzuki India <br> Ltd.<br>| 149041 | 27090700 |
| Ω | MAS Financial <br> Services Ltd.<br>| 316376 | 1086675 |
|  | Mastek Ltd. | 105194 | 2533282 |
| Ω | Matrimony.com Ltd. | 24735 | 142234 |
| \* | Max Estates Ltd. | 149452 | 788931 |
|  | Max Healthcare <br> Institute Ltd.<br>| 919893 | 11904244 |
| \* | Max India Ltd. | 5727 | 13791 |
|  | Mayur Uniquoters <br> Ltd.<br>| 151994 | 922292 |
|  | Mazagon Dock <br> Shipbuilders Ltd.<br>| 59167 | 1822869 |
| Ω | Medi Assist <br> Healthcare Services <br> Ltd.<br>| 21596 | 137414 |
| \* | Medplus Health <br> Services Ltd.<br>| 45698 | 391838 |
| \* | Meghmani Organics <br> Ltd.<br>| 941141 | 855375 |
|  | Metro Brands Ltd. | 2912 | 37076 |
| \*Ω | Metropolis Healthcare <br> Ltd.<br>| 158894 | 3539097 |
|  | Minda Corp. Ltd. | 600530 | 3812337 |
| Ω | Mishra Dhatu Nigam <br> Ltd.<br>| 389288 | 1683112 |
|  | MM Forgings Ltd. | 152640 | 532609 |
|  | MOIL Ltd. | 667739 | 2750280 |
|  | Mold-Tek Packaging <br> Ltd.<br>| 10384 | 81123 |
|  | Monte Carlo Fashions <br> Ltd.<br>| 78595 | 619597 |
|  | Morepen Laboratories <br> Ltd.<br>| 2432774 | 1304074 |
|  | Motherson Sumi <br> Wiring India Ltd.<br>| 16176072 | 8577821 |
|  | Motilal Oswal <br> Financial Services <br> Ltd.<br>| 1314864 | 14455659 |
|  | Mphasis Ltd. | 412651 | 12805981 |
|  | MPS Ltd. | 9618 | 234797 |
|  | MRF Ltd. | 8371 | 14891136 |
|  | Mrs Bectors Food <br> Specialities Ltd.<br>| 132651 | 1995306 |
|  | MSTC Ltd. | 118793 | 722453 |
|  | Mukand Ltd. | 5374 | 8622 |
|  | Muthoot Finance Ltd. | 852138 | 30650372 |
| \* | Nalwa Sons <br> Investments Ltd.<br>| 3073 | 249918 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Narayana <br> Hrudayalaya Ltd.<br>| 342998 | $6772944 |
|  | Natco Pharma Ltd. | 682541 | 6297944 |
|  | National Aluminium <br> Co. Ltd.<br>| 4378481 | 11527237 |
|  | National Fertilizers <br> Ltd.<br>| 433676 | 456975 |
|  | Nava Ltd. | 1093954 | 7622854 |
| \*Ω | Navkar Corp. Ltd. | 43239 | 57576 |
|  | Navneet Education <br> Ltd.<br>| 655877 | 1191131 |
| \* | Nazara Technologies <br> Ltd.<br>| 22780 | 68182 |
|  | NBCC India Ltd. | 5014186 | 6611757 |
|  | NCC Ltd. | 3428670 | 8219083 |
|  | NCL Industries Ltd. | 125047 | 277776 |
|  | NELCO Ltd. | 66242 | 646805 |
|  | Neogen Chemicals <br> Ltd.<br>| 46750 | 758092 |
|  | NESCO Ltd. | 154142 | 2382095 |
|  | Nestle India Ltd. | 1732448 | 24836183 |
|  | Neuland Laboratories <br> Ltd.<br>| 40298 | 7506764 |
|  | Newgen Software <br> Technologies Ltd.<br>| 209083 | 2285382 |
|  | NHPC Ltd. | 7890262 | 7535209 |
|  | NIIT Learning <br> Systems Ltd.<br>| 686915 | 2536217 |
|  | NIIT Ltd. | 686915 | 806459 |
|  | Nilkamal Ltd. | 48172 | 819058 |
| Ω | Nippon Life India <br> Asset Management <br> Ltd.<br>| 608068 | 5988998 |
|  | Nitin Spinners Ltd. | 66098 | 249133 |
|  | NLC India Ltd. | 922735 | 2715453 |
|  | NMDC Ltd. | 16721442 | 14248019 |
| \* | NMDC Steel Ltd. | 2720359 | 1314836 |
|  | NOCIL Ltd. | 725905 | 1511136 |
|  | Novartis India Ltd. | 19447 | 189580 |
|  | NRB Bearings Ltd. | 430506 | 1327332 |
|  | NTPC Ltd. | 6681533 | 25305403 |
|  | Nucleus Software <br> Exports Ltd.<br>| 64818 | 734827 |
|  | Nuvama Wealth <br> Management Ltd.<br>| 40698 | 3262603 |
| \* | Nuvoco Vistas Corp. <br> Ltd.<br>| 40740 | 189801 |
|  | Oberoi Realty Ltd. | 454000 | 9083395 |
|  | Oil & Natural Gas <br> Corp. Ltd.<br>| 4296092 | 12383398 |
|  | Oil India Ltd. | 1806135 | 8821305 |
|  | One 97 <br> Communications <br> Ltd.<br>| 499764 | 7315575 |

---

573

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Onesource Specialty <br> Pharma Ltd.<br>| 210997 | $4394842 |
| \* | OnMobile Global Ltd. | 3082 | 2532 |
| \* | Optiemus Infracom <br> Ltd.<br>| 10418 | 68914 |
|  | Oracle Financial <br> Services Software <br> Ltd.<br>| 116408 | 11169525 |
| \* | Orchid Pharma Ltd. | 12326 | 100718 |
|  | Orient Cement Ltd. | 703555 | 1697283 |
|  | Orient Electric Ltd. | 485744 | 1164109 |
| \* | Orient Green Power <br> Co. Ltd.<br>| 1029549 | 162506 |
| \* | Orient Paper & <br> Industries Ltd.<br>| 653862 | 190612 |
|  | Oriental Aromatics <br> Ltd.<br>| 3 | 13 |
|  | Oriental Hotels Ltd. | 238612 | 330682 |
|  | Page Industries Ltd. | 25234 | 11606104 |
|  | Paisalo Digital Ltd. | 3492813 | 1490090 |
| \* | Pakka Ltd. | 35462 | 57115 |
| \* | Panacea Biotec Ltd. | 24696 | 121674 |
|  | Panama Petrochem <br> Ltd.<br>| 217304 | 653002 |
| Ω | Parag Milk Foods Ltd., <br> Class F<br>| 239798 | 839449 |
| \* | Paramount <br> Communications <br> Ltd.<br>| 40028 | 19497 |
|  | Patanjali Foods Ltd. | 272718 | 1850853 |
| \* | Patel Engineering <br> Ltd.<br>| 2594870 | 1090392 |
| \* | PB Fintech Ltd. | 94861 | 1904765 |
| \* | PC Jeweller Ltd. | 13697811 | 1795304 |
|  | PCBL Chemical Ltd. | 1853318 | 7550694 |
|  | PDS Ltd. | 69796 | 291876 |
|  | Pearl Global <br> Industries Ltd.<br>| 37877 | 559175 |
| \* | Peninsula Land Ltd. | 140555 | 54836 |
| \* | Pennar Industries Ltd. | 445448 | 1311016 |
|  | Persistent Systems <br> Ltd.<br>| 470617 | 31341965 |
|  | Petronet LNG Ltd. | 4850771 | 15357022 |
|  | PG Electroplast Ltd. | 200715 | 1290082 |
|  | Phoenix Mills Ltd.  | 596841 | 11362297 |
|  | PI Industries Ltd. | 247133 | 9960393 |
|  | Pidilite Industries Ltd. | 678560 | 11069586 |
| \* | Piramal Finance Ltd. | 704559 | 8922542 |
|  | Piramal Pharma Ltd. | 2694126 | 6088483 |
|  | Pitti Engineering Ltd. | 33860 | 358378 |
|  | PIX Transmissions <br> Ltd.<br>| 13369 | 221491 |
|  | PNB Gilts Ltd. | 13485 | 13997 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| Ω | PNB Housing Finance <br> Ltd.<br>| 651273 | $6812195 |
|  | PNC Infratech Ltd. | 1046923 | 3305726 |
|  | Pokarna Ltd. | 63170 | 647374 |
|  | Poly Medicure Ltd. | 99080 | 2231573 |
|  | Polycab India Ltd. | 98789 | 8574312 |
|  | Polyplex Corp. Ltd. | 132596 | 1425967 |
| \* | Poonawalla Fincorp <br> Ltd.<br>| 1467542 | 7957447 |
|  | Power Finance Corp. <br> Ltd.<br>| 7462064 | 33861296 |
|  | Power Grid Corp. of <br> India Ltd.<br>| 7953436 | 25804792 |
|  | Power Mech Projects <br> Ltd.<br>| 93094 | 2610148 |
|  | Praj Industries Ltd. | 826462 | 3134315 |
|  | Prakash Industries <br> Ltd.<br>| 743434 | 1372658 |
|  | Prakash Pipes Ltd. | 38526 | 126336 |
| Ω | Prataap Snacks Ltd. | 33838 | 417791 |
|  | Precision Wires India <br> Ltd.<br>| 156733 | 397266 |
|  | Prestige Estates <br> Projects Ltd.<br>| 908125 | 17910085 |
| \* | Pricol Ltd. | 740399 | 4408281 |
| \* | Prime Focus Ltd. | 170454 | 349601 |
|  | Prince Pipes & <br> Fittings Ltd.<br>| 269023 | 965751 |
| \* | Prism Johnson Ltd. | 896058 | 1531155 |
|  | Privi Speciality <br> Chemicals Ltd.<br>| 29011 | 949428 |
|  | Procter & Gamble <br> Health Ltd.<br>| 48774 | 3380173 |
|  | Procter & Gamble <br> Hygiene & Health <br> Care Ltd.<br>| 20779 | 3124492 |
| \* | PTC India Financial <br> Services Ltd.<br>| 801127 | 328143 |
|  | PTC India Ltd. | 1958139 | 3704541 |
|  | Punjab National Bank | 4078187 | 5640053 |
| \* | Puravankara Ltd. | 130409 | 391953 |
| \* | PVR Inox Ltd. | 48863 | 661324 |
| Ω | Quess Corp. Ltd. | 375375 | 1013374 |
|  | R Systems <br> International Ltd.<br>| 22329 | 107633 |
|  | Radico Khaitan Ltd. | 150792 | 5321438 |
|  | Raghav Productivity <br> Enhancers Ltd.<br>| 4390 | 39311 |
|  | Rail Vikas Nigam Ltd. | 44364 | 164212 |
|  | Railtel Corp. of India <br> Ltd.<br>| 86597 | 358453 |
|  | Rain Industries Ltd. | 1399062 | 2101962 |
| \* | Rajesh Exports Ltd. | 452343 | 923725 |

---

574

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Rajratan Global Wire <br> Ltd.<br>| 3728 | $18006 |
|  | Rallis India Ltd. | 645725 | 1877169 |
|  | Ram Ratna Wires <br> Ltd.<br>| 3339 | 23304 |
| \* | Rama Steel Tubes <br> Ltd.<br>| 882409 | 101598 |
|  | Ramco Cements Ltd. | 631409 | 7374521 |
|  | Ramco Industries Ltd. | 193779 | 768349 |
| \* | Ramco Systems Ltd. | 16158 | 113629 |
|  | Ramkrishna Forgings <br> Ltd.<br>| 507948 | 3100440 |
| \* | Ramky Infrastructure <br> Ltd.<br>| 47282 | 337268 |
|  | Rane Holdings Ltd. | 26917 | 467202 |
|  | Rane Madras Ltd. | 1121 | 10265 |
|  | Rashtriya Chemicals <br> & Fertilizers Ltd.<br>| 1821196 | 3054921 |
| \* | Rategain Travel <br> Technologies Ltd.<br>| 4305 | 30897 |
|  | Ratnamani Metals & <br> Tubes Ltd.<br>| 126633 | 3442777 |
| \* | RattanIndia <br> Enterprises Ltd.<br>| 118706 | 69465 |
| \* | RattanIndia Power <br> Ltd.<br>| 15173177 | 1866526 |
| \* | Raymond Lifestyle <br> Ltd.<br>| 210777 | 2804492 |
| \* | Raymond Ltd. | 263472 | 1708115 |
| \* | Raymond Realty Ltd. | 263472 | 1832941 |
| Ω | RBL Bank Ltd. | 3330253 | 12225900 |
|  | REC Ltd. | 11285020 | 47661221 |
|  | Redington Ltd. | 5892276 | 16870225 |
|  | Redtape Ltd. | 1334660 | 2044452 |
|  | Refex Industries Ltd. | 1809 | 7461 |
|  | Relaxo Footwears <br> Ltd.<br>| 140883 | 692589 |
|  | Reliance Industrial <br> Infrastructure Ltd.<br>| 55253 | 556500 |
| Ω | Reliance Industries <br> Ltd. (RIGD LI), <br> Sponsored GDR<br>| 466 | 30909 |
|  | Reliance Industries <br> Ltd. (RIL IN)<br>| 10243189 | 171466836 |
| \* | Reliance Infrastructure <br> Ltd.<br>| 888806 | 2149810 |
| \* | Reliance Power Ltd. | 18883680 | 9813419 |
| \* | Religare Enterprises <br> Ltd.<br>| 600972 | 1787774 |
|  | Repco Home Finance <br> Ltd.<br>| 284906 | 1340776 |
|  | Responsive Industries <br> Ltd.<br>| 29919 | 65962 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Rhi Magnesita India <br> Ltd.<br>| 15075 | $81495 |
|  | Rico Auto Industries <br> Ltd.<br>| 496526 | 465464 |
|  | RITES Ltd. | 699051 | 1928570 |
|  | Rossari Biotech Ltd. | 58536 | 421702 |
|  | Route Mobile Ltd. | 109783 | 881438 |
|  | RPG Life Sciences <br> Ltd.<br>| 5105 | 137526 |
| \* | RPSG Ventures Ltd. | 59269 | 548679 |
| \* | RSWM Ltd. | 220070 | 378880 |
|  | Rupa & Co. Ltd. | 20029 | 44309 |
|  | Safari Industries India <br> Ltd.<br>| 65305 | 1560448 |
| \* | Sagar Cements Ltd. | 199661 | 504937 |
|  | Saksoft Ltd. | 54870 | 120730 |
| \*Ω | Salasar Techno <br> Engineering Ltd.<br>| 1233023 | 143028 |
| \* | Sammaan Capital <br> Ltd.<br>| 2770057 | 5861960 |
|  | Samvardhana <br> Motherson <br> International Ltd.<br>| 16350214 | 19400342 |
|  | Sandhar Technologies <br> Ltd.<br>| 127811 | 735564 |
|  | Sandur Manganese & <br> Iron Ores Ltd.<br>| 135792 | 330934 |
|  | Sangam India Ltd. | 80528 | 412794 |
| \* | Sanghi Industries Ltd. | 43693 | 32188 |
|  | Sanghvi Movers Ltd. | 171834 | 766262 |
|  | Sanofi India Ltd. | 49669 | 2679538 |
| Ω | Sansera Engineering <br> Ltd.<br>| 77127 | 1305639 |
| \* | Sapphire Foods India <br> Ltd.<br>| 252111 | 815055 |
|  | Sarda Energy & <br> Minerals Ltd.<br>| 748003 | 4458018 |
|  | Saregama India Ltd. | 250819 | 1278618 |
|  | Sasken Technologies <br> Ltd.<br>| 19339 | 299186 |
| \* | Satin Creditcare <br> Network Ltd.<br>| 356801 | 629575 |
| \* | Saurashtra Cement <br> Ltd.<br>| 16060 | 18264 |
|  | Savita Oil <br> Technologies Ltd.<br>| 147447 | 658196 |
| \* | SBFC Finance Ltd. | 327150 | 421939 |
|  | SBI Cards & Payment <br> Services Ltd.<br>| 539198 | 5346379 |
| Ω | SBI Life Insurance Co. <br> Ltd.<br>| 664585 | 14646922 |
|  | Schaeffler India Ltd. | 146940 | 6670887 |
| \* | Schneider Electric <br> Infrastructure Ltd.<br>| 249896 | 2349196 |

---

575

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | SEAMEC Ltd. | 25745 | $259576 |
|  | Senco Gold Ltd. | 26310 | 96249 |
| \* | SEPC Ltd. | 3970318 | 470640 |
| \* | Sequent Scientific <br> Ltd.<br>| 297367 | 719879 |
|  | Seshasayee Paper & <br> Boards Ltd.<br>| 136826 | 393662 |
| Ω | SH Kelkar & Co. Ltd. | 361325 | 897733 |
|  | Shaily Engineering <br> Plastics Ltd.<br>| 21598 | 551337 |
|  | Shakti Pumps India <br> Ltd.<br>| 181026 | 1670976 |
|  | Shankara Building <br> Products Ltd.<br>| 58638 | 92439 |
|  | Shankara Buildpro <br> Ltd.<br>| 58638 | 485836 |
|  | Shanthi Gears Ltd. | 29208 | 161403 |
|  | Sharda Cropchem <br> Ltd.<br>| 223457 | 2176860 |
|  | Sharda Motor <br> Industries Ltd.<br>| 101180 | 1181290 |
|  | Share India Securities <br> Ltd.<br>| 362351 | 761385 |
| \* | Sheela Foam Ltd. | 43411 | 340087 |
|  | Shilpa Medicare Ltd. | 387436 | 1534751 |
|  | Shipping Corp. of <br> India Land & Assets <br> Ltd.<br>| 1289688 | 740671 |
|  | Shipping Corp. of <br> India Ltd.<br>| 1423653 | 4153163 |
|  | Shivalik Bimetal <br> Controls Ltd.<br>| 19722 | 108769 |
| \* | Shoppers Stop Ltd. | 152109 | 876815 |
|  | Shree Cement Ltd. | 19851 | 6330230 |
| \* | Shree Renuka Sugars <br> Ltd.<br>| 856560 | 284372 |
|  | Shriram Finance Ltd. | 5149860 | 43573743 |
|  | Shriram Pistons & <br> Rings Ltd.<br>| 72555 | 2134644 |
| \* | Shriram Properties <br> Ltd.<br>| 62521 | 66552 |
|  | Shyam Metalics & <br> Energy Ltd.<br>| 39771 | 394820 |
| \* | Siemens Energy India <br> Ltd.<br>| 54253 | 1942935 |
|  | Siemens Ltd. | 54253 | 1895466 |
|  | Sigachi Industries <br> Ltd.<br>| 21591 | 8930 |
| \* | SIS Ltd. | 196947 | 740297 |
|  | Siyaram Silk Mills <br> Ltd.<br>| 135108 | 1147275 |
|  | SJS Enterprises Ltd. | 74008 | 1342158 |
|  | SJVN Ltd. | 123624 | 122514 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | SKF India Industrial <br> Ltd.<br>| 129292 | $3944683 |
|  | SKF India Ltd. | 129292 | 3092315 |
|  | Skipper Ltd. | 68017 | 399795 |
|  | SML Mahindra Ltd. | 4113 | 141142 |
| \* | Snowman Logistics <br> Ltd.<br>| 249648 | 143623 |
|  | Sobha Ltd. | 405439 | 7392480 |
|  | Solar Industries India <br> Ltd.<br>| 126873 | 19875582 |
| \* | Solara Active Pharma <br> Sciences Ltd.<br>| 77365 | 524971 |
|  | Somany Ceramics <br> Ltd.<br>| 98351 | 504989 |
| Ω | Sona Blw Precision <br> Forgings Ltd.<br>| 120777 | 643907 |
|  | Sonata Software Ltd. | 1017553 | 4252075 |
|  | South Indian Bank <br> Ltd.<br>| 11139285 | 4616156 |
|  | SP Apparels Ltd. | 22432 | 187228 |
| \* | Spandana Sphoorty <br> Financial Ltd.<br>| 111901 | 286989 |
|  | SRF Ltd. | 628484 | 20768353 |
|  | Star Cement Ltd. | 611259 | 1761652 |
| \* | Star Health & Allied <br> Insurance Co. Ltd.<br>| 34737 | 193822 |
|  | State Bank of India <br> (SBID LI), GDR<br>| 13327 | 1412706 |
|  | State Bank of India <br> (SBIN IN)<br>| 5075462 | 53612564 |
|  | State Bank of India <br> (SBKFF US), GDR<br>| 5089 | 539434 |
|  | Steel Authority of India <br> Ltd.<br>| 4980889 | 7652213 |
|  | Steelcast Ltd. | 5630 | 14203 |
| \* | Sterlite Technologies <br> Ltd.<br>| 1257227 | 1662250 |
| \* | STL Networks Ltd. | 1179841 | 347820 |
|  | Stove Kraft Ltd. | 12205 | 107150 |
|  | Strides Pharma <br> Science Ltd.<br>| 421995 | 4423492 |
| \* | Stylam Industries Ltd. | 27206 | 624948 |
|  | Styrenix Performance <br> Materials Ltd.<br>| 35688 | 949865 |
| \* | Subex Ltd. | 2186579 | 317553 |
|  | Subros Ltd. | 160835 | 1960844 |
|  | Sudarshan Chemical <br> Industries Ltd.<br>| 258747 | 3344614 |
|  | Sumitomo Chemical <br> India Ltd.<br>| 220753 | 1247792 |
|  | Sun Pharmaceutical <br> Industries Ltd. <br> (SUNP IN)<br>| 1329896 | 25356084 |
|  | Sun TV Network Ltd. | 889605 | 5622117 |

---

576

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Sundaram Finance <br> Ltd.<br>| 161588 | $8289527 |
|  | Sundaram-Clayton <br> Ltd.<br>| 16789 | 282125 |
|  | Sundram Fasteners <br> Ltd.<br>| 659326 | 7025379 |
| \* | Sundrop Brands Ltd. | 48493 | 430575 |
|  | Sunflag Iron & Steel <br> Co. Ltd.<br>| 195331 | 588955 |
|  | Sunteck Realty Ltd. | 384730 | 1913584 |
|  | Suprajit Engineering <br> Ltd.<br>| 498581 | 2504577 |
|  | Supreme Industries <br> Ltd.<br>| 281821 | 12061147 |
|  | Supreme Petrochem <br> Ltd.<br>| 476982 | 4031968 |
|  | Supriya Lifescience <br> Ltd.<br>| 45816 | 400814 |
|  | Surya Roshni Ltd. | 617792 | 2043589 |
| \* | Suryoday Small <br> Finance Bank Ltd.<br>| 31260 | 53595 |
| \* | Sutlej Textiles & <br> Industries Ltd.<br>| 384327 | 149709 |
|  | Suyog Telematics Ltd. | 4976 | 43056 |
| \* | Suzlon Energy Ltd. | 34335189 | 22947476 |
|  | Swaraj Engines Ltd. | 35022 | 1575349 |
|  | Symphony Ltd. | 66659 | 701556 |
| \* | Syncom Formulations <br> India Ltd.<br>| 146227 | 26977 |
| Ω | Syngene International <br> Ltd.<br>| 1090061 | 8005577 |
|  | TAJGVK Hotels & <br> Resorts Ltd.<br>| 66767 | 316305 |
|  | Talbros Automotive <br> Components Ltd.<br>| 61798 | 203333 |
|  | Tamil Nadu Newsprint <br> & Papers Ltd.<br>| 200485 | 352186 |
|  | Tamilnad Mercantile <br> Bank Ltd.<br>| 96334 | 535535 |
|  | Tamilnadu <br> Petroproducts Ltd.<br>| 238612 | 333984 |
|  | Tanla Platforms Ltd. | 337135 | 2321497 |
| \* | TARC Ltd. | 370904 | 654283 |
|  | Tarsons Products Ltd. | 5554 | 18153 |
|  | Tasty Bite Eatables <br> Ltd.<br>| 625 | 62995 |
|  | Tata Chemicals Ltd. | 1106336 | 11109823 |
|  | Tata Communications <br> Ltd.<br>| 526741 | 11109399 |
|  | Tata Consultancy <br> Services Ltd.<br>| 1884702 | 64907648 |
|  | Tata Consumer <br> Products Ltd.<br>| 790850 | 10357006 |
|  | Tata Elxsi Ltd. | 125312 | 7693986 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Tata Motors Ltd./new | 6634894 | $19488839 |
|  | Tata Motors <br> Passenger Vehicles <br> Ltd.<br>| 6634894 | 30631034 |
|  | Tata Power Co. Ltd. | 3061437 | 13947857 |
|  | Tata Steel Ltd. | 22581634 | 46488609 |
|  | Tatva Chintan Pharma <br> Chem Pvt Ltd.<br>| 5992 | 96766 |
|  | TCI Express Ltd. | 88976 | 681255 |
|  | TCPL Packaging Ltd. | 2557 | 95475 |
|  | TD Power Systems <br> Ltd.<br>| 464417 | 3958198 |
| \* | TeamLease Services <br> Ltd.<br>| 1734 | 32793 |
|  | Tech Mahindra Ltd. | 1561211 | 25017273 |
|  | Techno Electric & <br> Engineering Co. <br> Ltd.<br>| 364168 | 5451905 |
|  | Technocraft Industries <br> India Ltd.<br>| 10603 | 290311 |
|  | Tega Industries Ltd. | 20375 | 444739 |
| Ω | Tejas Networks Ltd. | 28394 | 170204 |
|  | Texmaco <br> Infrastructure & <br> Holdings Ltd.<br>| 36482 | 42309 |
|  | Texmaco Rail & <br> Engineering Ltd.<br>| 994500 | 1529834 |
|  | Thanga Mayil <br> Jewellery Ltd.<br>| 24469 | 598693 |
|  | Thejo Engineering <br> Ltd.<br>| 7476 | 150819 |
|  | Themis Medicare Ltd. | 26415 | 37069 |
|  | Thermax Ltd. | 64548 | 2338164 |
|  | Thirumalai Chemicals <br> Ltd.<br>| 607593 | 1935789 |
|  | Thomas Cook India <br> Ltd.<br>| 902430 | 1627428 |
| Ω | Thyrocare <br> Technologies Ltd.<br>| 69888 | 1084510 |
|  | Tilaknagar Industries <br> Ltd.<br>| 369389 | 2191476 |
|  | Time Technoplast Ltd. | 2690788 | 6541900 |
|  | Timken India Ltd. | 135291 | 4835897 |
|  | Tips Music Ltd. | 84350 | 500084 |
|  | Titagarh Rail System <br> Ltd.<br>| 266058 | 2652540 |
|  | Titan Co. Ltd. | 735289 | 30997790 |
|  | Torrent <br> Pharmaceuticals <br> Ltd.<br>| 462723 | 18489487 |
|  | Torrent Power Ltd. | 802309 | 11896466 |
|  | Tourism Finance Corp. <br> of India Ltd.<br>| 1739430 | 1369136 |

---

577

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Transport Corp. of <br> India Ltd.<br>| 291382 | $3930220 |
|  | Trent Ltd. | 384155 | 20304906 |
|  | Trident Ltd. | 8785987 | 2828772 |
|  | Triveni Engineering & <br> Industries Ltd.<br>| 703446 | 2834500 |
|  | Triveni Turbine Ltd. | 783888 | 4709502 |
|  | TTK Healthcare Ltd. | 2972 | 39382 |
|  | TTK Prestige Ltd. | 243194 | 1844710 |
|  | Tube Investments of <br> India Ltd.<br>| 465091 | 15816086 |
|  | TV Today Network <br> Ltd.<br>| 204034 | 335733 |
|  | TVS Holdings Ltd. | 21469 | 3665351 |
|  | TVS Motor Co. Ltd. | 633055 | 25004487 |
|  | TVS Srichakra Ltd. | 27163 | 1265782 |
| \* | TVS Supply Chain <br> Solutions Ltd.<br>| 8956 | 12990 |
|  | Uflex Ltd. | 314886 | 1918698 |
| \* | Ugar Sugar Works <br> Ltd.<br>| 78357 | 37754 |
| \* | Ugro Capital Ltd. | 204188 | 420297 |
| \*Ω | Ujjivan Small Finance <br> Bank Ltd.<br>| 10678610 | 6243824 |
|  | UltraTech Cement <br> Ltd.<br>| 182917 | 24549519 |
| \* | Unichem Laboratories <br> Ltd.<br>| 194087 | 1034110 |
|  | Union Bank of India <br> Ltd.<br>| 5175487 | 8647371 |
|  | Uniparts India Ltd. | 2175 | 12182 |
|  | United Breweries Ltd. | 103773 | 2100879 |
| \* | United Foodbrands <br> Ltd.<br>| 1769 | 4057 |
|  | United Spirits Ltd. | 804531 | 12957635 |
|  | Universal Cables Ltd. | 8915 | 73768 |
|  | UNO Minda Ltd. | 1019127 | 14150413 |
|  | UPL Ltd. | 3289980 | 26608389 |
| \* | Urja Global Ltd. | 233310 | 34441 |
|  | Usha Martin Ltd. | 1086960 | 5651506 |
|  | UTI Asset <br> Management Co. <br> Ltd.<br>| 195904 | 2755090 |
| \* | V2 Retail Ltd. | 15957 | 438342 |
|  | VA Tech Wabag Ltd. | 312865 | 4969534 |
|  | Vadilal Industries Ltd. | 7273 | 434086 |
|  | Vaibhav Global Ltd. | 272151 | 819901 |
| \*Ω | Valiant Organics Ltd. | 9479 | 32081 |
| \* | Valor Estate Ltd. | 669648 | 1121643 |
|  | Vardhman Special <br> Steels Ltd.<br>| 16776 | 54263 |
|  | Vardhman Textiles <br> Ltd.<br>| 1004596 | 4965451 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| Ω | Varroc Engineering <br> Ltd.<br>| 258981 | $1786991 |
|  | Varun Beverages Ltd. | 2814547 | 14868414 |
| \* | Vascon Engineers <br> Ltd.<br>| 52053 | 39069 |
|  | Vedant Fashions Ltd. | 41854 | 303889 |
|  | Vedanta Ltd. | 5827878 | 32402858 |
|  | Veedol Corp. Ltd. | 43323 | 862878 |
|  | Venky's India Ltd. | 38342 | 652670 |
| Ω | Venus Pipes & Tubes <br> Ltd.<br>| 4476 | 64659 |
| \* | Veranda Learning <br> Solutions Ltd.<br>| 7839 | 20447 |
|  | Vesuvius India Ltd. | 279810 | 1553193 |
|  | V-Guard Industries <br> Ltd.<br>| 1039773 | 4244872 |
|  | Vidhi Specialty Food <br> Ingredients Ltd.<br>| 9228 | 34854 |
|  | Vijaya Diagnostic <br> Centre Ltd.<br>| 45241 | 504057 |
| \* | Vikas Lifecare Ltd. | 2298854 | 54354 |
|  | Vimta Labs Ltd. | 123666 | 1005715 |
|  | Vinati Organics Ltd. | 168920 | 3141855 |
|  | Vindhya Telelinks Ltd. | 27832 | 425856 |
|  | Vintage Coffee & <br> Beverages Ltd.<br>| 36335 | 67275 |
|  | Visaka Industries Ltd. | 1730 | 1566 |
|  | Vishnu Chemicals <br> Ltd.<br>| 66047 | 385439 |
| \* | VL E-Governance & <br> IT Solutions Ltd.<br>| 119621 | 32289 |
| \* | V-Mart Retail Ltd. | 108852 | 1014085 |
| \* | Vodafone Idea Ltd. | 33845556 | 3325413 |
|  | Voltamp Transformers <br> Ltd.<br>| 25701 | 2150987 |
|  | Voltas Ltd. | 321889 | 5000678 |
|  | VRL Logistics Ltd. | 535698 | 1687229 |
|  | VST Industries Ltd. | 326604 | 959135 |
|  | VST Tillers Tractors <br> Ltd.<br>| 26587 | 1795998 |
| \* | Walchandnagar <br> Industries Ltd.<br>| 24757 | 49671 |
| \* | Websol Energy <br> System Ltd.<br>| 21488 | 297029 |
|  | Welspun Corp. Ltd. | 1123115 | 12187469 |
|  | Welspun Enterprises <br> Ltd.<br>| 447557 | 2824173 |
|  | Welspun Living Ltd. | 2895250 | 4211327 |
|  | West Coast Paper <br> Mills Ltd.<br>| 427269 | 2184502 |
|  | Westlife Foodworld <br> Ltd.<br>| 191875 | 1290557 |
|  | Wheels India Ltd. | 6798 | 68653 |
|  | Whirlpool of India Ltd. | 120592 | 1884218 |

---

578

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Windlas Biotech Ltd. | 9855 | $104470 |
|  | Wipro Ltd. | 6769186 | 18349739 |
| \* | Wockhardt Ltd. | 361997 | 5213527 |
|  | Wonderla Holidays <br> Ltd.<br>| 112920 | 725888 |
|  | XPRO India Ltd. | 3458 | 42403 |
|  | Yaari Digital <br> Integrated Services <br> Ltd.<br>| 4023504 | 963144 |
|  | Yasho Industries Ltd. | 1323 | 23773 |
| \* | Yes Bank Ltd. | 31282558 | 8024527 |
|  | Yuken India Ltd. | 1894 | 21857 |
|  | Zee Entertainment <br> Enterprises Ltd.<br>| 5486854 | 6199738 |
| \* | Zee Media Corp. Ltd. | 2420508 | 272732 |
|  | Zen Technologies Ltd. | 155735 | 2378012 |
|  | Zensar Technologies <br> Ltd.<br>| 777012 | 6960781 |
|  | ZF Commercial <br> Vehicle Control <br> Systems India Ltd.<br>| 1496 | 207951 |
|  | Zydus Lifesciences <br> Ltd.<br>| 874296 | 9621970 |
|  | Zydus Wellness Ltd. | 318625 | 1713775 |
| TOTAL INDIA | TOTAL INDIA |  | 5818402703 |
| INDONESIA — (1.3%) | INDONESIA — (1.3%) | INDONESIA — (1.3%) | INDONESIA — (1.3%) |
|  | ABM Investama Tbk. <br> PT<br>| 3452400 | 614235 |
| \* | Adhi Karya Persero <br> Tbk. PT<br>| 7836679 | 123454 |
|  | Adi Sarana Armada <br> Tbk. PT<br>| 10073700 | 644554 |
|  | AKR Corporindo Tbk. <br> PT<br>| 53071500 | 3895591 |
| \* | Alam Sutera Realty <br> Tbk. PT<br>| 65510400 | 637572 |
|  | Alamtri Minerals <br> Indonesia Tbk. PT<br>| 7119900 | 596789 |
|  | Alamtri Resources <br> Indonesia Tbk. PT<br>| 82585900 | 9349255 |
|  | Allo Bank Indonesia <br> Tbk. PT<br>| 1007600 | 90662 |
|  | Aneka Tambang Tbk. <br> PT<br>| 46583119 | 8664816 |
|  | Arwana Citramulia <br> Tbk. PT<br>| 23431600 | 774203 |
|  | Aspirasi Hidup <br> Indonesia Tbk. PT<br>| 53519500 | 1428019 |
|  | Astra Agro Lestari <br> Tbk. PT<br>| 2845422 | 1335027 |
|  | Astra International <br> Tbk. PT<br>| 61505200 | 22742365 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Astra Otoparts Tbk. <br> PT<br>| 7391800 | $1133814 |
|  | Asuransi Tugu <br> Pratama Indonesia <br> Tbk. PT<br>| 517100 | 32476 |
|  | Avia Avian Tbk. PT | 14257500 | 354525 |
| \*†† | Bakrie Telecom Tbk. <br> PT<br>| 35294139 | 0 |
| \* | Bank Aladin Syariah <br> Tbk. PT<br>| 424600 | 23989 |
|  | Bank Amar Indonesia <br> Tbk. PT<br>| 14210610 | 196431 |
| \* | Bank Artha Graha <br> Internasional Tbk. <br> PT<br>| 456300 | 4174 |
|  | Bank BTPN Syariah <br> Tbk. PT<br>| 15281000 | 1257755 |
| \* | Bank Capital <br> Indonesia Tbk. PT<br>| 20448500 | 169659 |
|  | Bank Central Asia <br> Tbk. PT<br>| 91803500 | 47002622 |
| \* | Bank China <br> Construction Bank <br> Indonesia Tbk. PT<br>| 17420100 | 76517 |
| \* | Bank Ganesha Tbk. <br> PT<br>| 12304300 | 83616 |
| \* | Bank Ina Perdana PT | 2485100 | 669955 |
| \* | Bank Jago Tbk. PT | 2113200 | 277618 |
| \* | Bank KB Indonesia <br> Tbk. PT<br>| 142642188 | 582300 |
|  | Bank Mandiri Persero <br> Tbk. PT<br>| 127148372 | 36022854 |
| \* | Bank Mayapada <br> International Tbk. <br> PT<br>| 14177650 | 206348 |
|  | Bank Maybank <br> Indonesia Tbk. PT<br>| 9420600 | 116671 |
| \* | Bank Nationalnobu <br> Tbk. PT<br>| 2626925 | 81236 |
|  | Bank Negara <br> Indonesia Persero <br> Tbk. PT<br>| 32302360 | 8490166 |
| \* | Bank Neo Commerce <br> Tbk. PT<br>| 30117700 | 703054 |
|  | Bank OCBC Nisp Tbk. <br> PT<br>| 13872400 | 1146273 |
|  | Bank Pan Indonesia <br> Tbk. PT<br>| 31614600 | 1960314 |
|  | Bank Pembangunan <br> Daerah Jawa Barat <br> Dan Banten Tbk. <br> PT<br>| 20559157 | 995200 |

---

579

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Bank Pembangunan <br> Daerah Jawa Timur <br> Tbk. PT<br>| 25160600 | $824462 |
|  | Bank Rakyat <br> Indonesia Persero <br> Tbk. PT<br>| 95125259 | 22755889 |
|  | Bank Syariah <br> Indonesia Tbk. PT<br>| 21486600 | 3290576 |
|  | Bank Tabungan <br> Negara Persero <br> Tbk. PT<br>| 54408154 | 4000723 |
| \* | Barito Pacific Tbk. PT | 37335988 | 7737666 |
|  | Barito Renewables <br> Energy Tbk. PT<br>| 1998000 | 1041684 |
|  | BFI Finance Indonesia <br> Tbk. PT<br>| 52845100 | 2555273 |
| \* | Bhakti Multi Artha Tbk. <br> PT<br>| 208300 | 12086 |
| \* | Bintang Oto Global <br> Tbk. PT<br>| 305300 | 9037 |
|  | BISI International Tbk. <br> PT<br>| 11631812 | 622175 |
|  | Blue Bird Tbk. PT | 5130300 | 546071 |
| \* | Buana Lintas Lautan <br> Tbk. PT<br>| 112750400 | 1475124 |
| \* | Bukalapak.com Tbk. <br> PT<br>| 227069800 | 2293942 |
|  | Bukit Asam Tbk. PT | 37947600 | 5472992 |
| \* | Buma Internasional <br> Grup Tbk. PT<br>| 35866100 | 736676 |
| \* | Bumi Resources <br> Minerals Tbk. PT<br>| 133296600 | 7364255 |
| \* | Bumi Resources Tbk. <br> PT<br>| 284523100 | 2426282 |
| \* | Bumi Serpong Damai <br> Tbk. PT<br>| 28786700 | 1692404 |
| \* | Capital Financial <br> Indonesia Tbk. PT<br>| 4570300 | 300880 |
|  | Catur Sentosa <br> Adiprana Tbk. PT<br>| 864200 | 16942 |
| \* | Cemindo Gemilang <br> PT<br>| 10677500 | 494357 |
|  | Charoen Pokphand <br> Indonesia Tbk. PT<br>| 19566060 | 5490839 |
| Ω | Cikarang Listrindo <br> Tbk. PT<br>| 10148300 | 430161 |
|  | Ciputra Development <br> Tbk. PT<br>| 66854915 | 3551444 |
|  | Cisarua Mountain <br> Dairy Tbk. PT<br>| 1638700 | 558993 |
| \* | Citra Marga <br> Nusaphala Persada <br> Tbk. PT<br>| 19749671 | 1541819 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
| \* | City Retail <br> Developments Tbk. <br> PT<br>| 11633200 | $194642 |
| \* | Darma Henwa Tbk. <br> PT<br>| 7112900 | 142579 |
|  | Dayamitra <br> Telekomunikasi PT<br>| 5001400 | 168371 |
|  | Dharma Satya <br> Nusantara Tbk. PT<br>| 31366000 | 3558946 |
| \* | Dian Swastatika <br> Sentosa Tbk. PT<br>| 136300 | 692648 |
|  | Elang Mahkota <br> Teknologi Tbk. PT<br>| 37906500 | 2694339 |
|  | Elnusa Tbk. PT | 28333700 | 869648 |
| \* | Energi Mega Persada <br> Tbk. PT<br>| 27853500 | 1382071 |
|  | Erajaya Swasembada <br> Tbk. PT<br>| 69828200 | 1779020 |
|  | ESSA Industries <br> Indonesia Tbk. PT<br>| 49138200 | 1816165 |
|  | Gajah Tunggal Tbk. <br> PT<br>| 10085700 | 630825 |
|  | Garudafood Putra <br> Putri Jaya Tbk. PT<br>| 24325000 | 526262 |
|  | Golden Energy Mines <br> Tbk. PT<br>| 88300 | 48035 |
|  | Gudang Garam Tbk. <br> PT<br>| 2044600 | 2127582 |
| \* | Harum Energy Tbk. <br> PT<br>| 12371200 | 869484 |
|  | Hexindo Adiperkasa <br> Tbk. PT<br>| 1716756 | 480029 |
| \* | Impack Pratama <br> Industri Tbk. PT<br>| 37017100 | 5247316 |
|  | Indah Kiat Pulp & <br> Paper Tbk. PT<br>| 13595800 | 6080508 |
|  | Indika Energy Tbk. <br> PT<br>| 11762000 | 1476451 |
|  | Indo Tambangraya <br> Megah Tbk. PT<br>| 3533500 | 4990029 |
|  | Indocement Tunggal <br> Prakarsa Tbk. PT<br>| 4391500 | 1648498 |
|  | Indofood CBP Sukses <br> Makmur Tbk. PT<br>| 3420700 | 1787681 |
|  | Indofood Sukses <br> Makmur Tbk. PT<br>| 25022900 | 11135566 |
|  | Indomobil Sukses <br> Internasional Tbk. <br> PT<br>| 3198400 | 221332 |
|  | Indosat Tbk. PT | 18426200 | 2086211 |

---

580

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
| \* | Industri dan <br> Perdagangan <br> Bintraco Dharma <br> Tbk. PT<br>| 1354800 | $10680 |
|  | Industri Jamu Dan <br> Farmasi Sido <br> Muncul Tbk. PT<br>| 43056788 | 1449303 |
| \*†† | Inti Agri Resources <br> Tbk. PT<br>| 10879700 | 0 |
| \* | Intiland Development <br> Tbk. PT<br>| 16476000 | 132772 |
|  | Japfa Comfeed <br> Indonesia Tbk. PT<br>| 56069300 | 8450646 |
|  | Jasa Marga Persero <br> Tbk. PT<br>| 8838558 | 1896887 |
|  | Jaya Real Property <br> Tbk. PT<br>| 5813800 | 300326 |
|  | Kalbe Farma Tbk. PT | 50093100 | 3842223 |
|  | Kawasan Industri <br> Jababeka Tbk. PT<br>| 108765245 | 1248000 |
|  | KMI Wire & Cable <br> Tbk. PT<br>| 28325800 | 565615 |
| \* | Krakatau Steel <br> Persero Tbk. PT<br>| 3595300 | 72107 |
|  | Lautan Luas Tbk. PT | 329800 | 17346 |
| \* | Lippo Karawaci Tbk. <br> PT<br>| 324039762 | 1733685 |
|  | Malindo Feedmill Tbk. <br> PT<br>| 1236000 | 63120 |
|  | Map Aktif Adiperkasa <br> PT<br>| 47727600 | 2004101 |
|  | Matahari Department <br> Store Tbk. PT<br>| 4532300 | 459152 |
|  | Mayora Indah Tbk. <br> PT<br>| 18283725 | 2338140 |
| \* | MD Entertainment <br> Tbk. PT<br>| 2507340 | 855246 |
|  | Medco Energi <br> Internasional Tbk. <br> PT<br>| 63757160 | 5101941 |
| \* | Media Nusantara Citra <br> Tbk. PT<br>| 44649593 | 719273 |
|  | Medikaloka Hermina <br> Tbk. PT<br>| 33821100 | 3053768 |
| \* | Merdeka Battery <br> Materials Tbk. PT<br>| 26903900 | 1016556 |
| \* | Merdeka Copper Gold <br> Tbk. PT<br>| 13589162 | 1988426 |
| \* | Metro Healthcare <br> Indonesia Tbk. PT<br>| 61439200 | 1189002 |
|  | Metrodata Electronics <br> Tbk. PT<br>| 34020600 | 1247152 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Metropolitan Kentjana <br> Tbk. PT<br>| 33300 | $47538 |
|  | Midi Utama Indonesia <br> Tbk. PT<br>| 1079200 | 26847 |
|  | Mitra Adiperkasa Tbk. <br> PT<br>| 67702100 | 5244155 |
|  | Mitra Keluarga <br> Karyasehat Tbk. <br> PT<br>| 14286300 | 2216883 |
|  | Mitra Pinasthika <br> Mustika Tbk. PT<br>| 11168800 | 651268 |
| \* | MNC Digital <br> Entertainment Tbk. <br> PT<br>| 21894000 | 664695 |
| \* | MNC Tourism <br> Indonesia Tbk. PT<br>| 105612800 | 926158 |
|  | Mulia Industrindo Tbk. <br> PT<br>| 13252200 | 274147 |
| \* | Multipolar Tbk. PT | 8864400 | 70803 |
|  | Nippon Indosari <br> Corpindo Tbk. PT<br>| 19741289 | 949546 |
| Ω | Nusantara Sejahtera <br> Raya Tbk. PT<br>| 8590700 | 61540 |
|  | Pabrik Kertas Tjiwi <br> Kimia Tbk. PT<br>| 7662900 | 3208627 |
| \* | Pacific Strategic <br> Financial Tbk. PT<br>| 13198500 | 892851 |
|  | Pakuwon Jati Tbk. PT | 99195800 | 2192063 |
|  | Pam Mineral Tbk. PT | 166300 | 9898 |
| \* | Panin Financial Tbk. <br> PT<br>| 114644800 | 1652877 |
| \* | Paninvest Tbk. PT | 7925300 | 383638 |
|  | Pantai Indah Kapuk <br> Dua Tbk. PT<br>| 523200 | 442892 |
|  | Perusahaan Gas <br> Negara Tbk. PT<br>| 32156100 | 3362123 |
|  | Perusahaan <br> Perkebunan London <br> Sumatra Indonesia <br> Tbk. PT<br>| 20480500 | 1728780 |
|  | Petrindo Jaya Kreasi <br> Tbk. PT<br>| 29608000 | 3574651 |
|  | Petrosea Tbk. PT | 8342300 | 3404634 |
| \*†† | Pool Advista <br> Indonesia Tbk. PT<br>| 8941700 | 5041 |
| \* | PP Persero Tbk. PT | 18274790 | 419293 |
|  | Prodia Widyahusada <br> Tbk. PT<br>| 1413100 | 218520 |
|  | Puradelta Lestari Tbk. <br> PT<br>| 61655500 | 492584 |
|  | Ramayana Lestari <br> Sentosa Tbk. PT<br>| 2095900 | 53892 |

---

581

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
| \*†† | Rimo International <br> Lestari Tbk. PT<br>| 151291900 | $0 |
|  | Rukun Raharja Tbk. <br> PT<br>| 3958600 | 964013 |
|  | Salim Ivomas Pratama <br> Tbk. PT<br>| 31135200 | 1168191 |
|  | Sampoerna Agro Tbk. <br> PT<br>| 5071559 | 1531875 |
|  | Samudera Indonesia <br> Tbk. PT<br>| 54224700 | 1030591 |
| \* | Sarana Meditama <br> Metropolitan Tbk. <br> PT<br>| 11881000 | 217353 |
|  | Sarana Menara <br> Nusantara Tbk. PT<br>| 62833300 | 2056420 |
|  | Sariguna Primatirta <br> Tbk. PT<br>| 37335900 | 1211133 |
|  | Sawit Sumbermas <br> Sarana Tbk. PT<br>| 24219100 | 2343947 |
| \*†† | Sekawan Intipratama <br> Tbk. PT<br>| 2876400 | 0 |
|  | Selamat Sempurna <br> Tbk. PT<br>| 17201400 | 1985553 |
|  | Semen Baturaja Tbk. <br> PT<br>| 4829100 | 81799 |
|  | Semen Indonesia <br> Persero Tbk. PT<br>| 16390986 | 2715517 |
| \* | Siloam International <br> Hospitals Tbk. PT<br>| 2968700 | 387147 |
| \* | Sinar Mas Multiartha <br> Tbk. PT<br>| 278500 | 217745 |
| \*†† | Sri Rejeki Isman Tbk. <br> PT<br>| 96691300 | 0 |
|  | Steel Pipe Industry of <br> Indonesia PT<br>| 16408800 | 422115 |
|  | Sumber Alfaria Trijaya <br> Tbk. PT<br>| 39945700 | 4823520 |
|  | Sumber Tani Agung <br> Resources Tbk. PT<br>| 2908600 | 243264 |
|  | Summarecon Agung <br> Tbk. PT<br>| 68704047 | 1616826 |
|  | Surya Citra Media <br> Tbk. PT<br>| 76466700 | 1550683 |
|  | Surya Semesta <br> Internusa Tbk. PT<br>| 32469000 | 3041855 |
| \*†† | Suryainti Permata <br> Tbk. PT<br>| 3098000 | 0 |
|  | TBS Energi Utama <br> Tbk. PT<br>| 655700 | 31696 |
| # | Telkom Indonesia <br> Persero Tbk. PT <br> (TLK US), ADR<br>| 365576 | 7161634 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Telkom Indonesia <br> Persero Tbk. PT <br> (TLKM IJ)<br>| 48996700 | $9477659 |
|  | Temas Tbk. PT | 35286000 | 275658 |
|  | Tempo Scan Pacific <br> Tbk. PT<br>| 3705800 | 635003 |
|  | Timah Tbk. PT | 17874667 | 2867867 |
|  | Total Bangun Persada <br> Tbk. PT<br>| 196000 | 10366 |
|  | Tower Bersama <br> Infrastructure Tbk. <br> PT<br>| 5095900 | 729454 |
| \*†† | Trada Alam Minera <br> Tbk. PT<br>| 173119000 | 0 |
|  | Transcoal Pacific Tbk. <br> PT<br>| 4057800 | 1914978 |
|  | Trias Sentosa Tbk. <br> PT<br>| 3690500 | 105921 |
|  | Trimegah Bangun <br> Persada Tbk. PT<br>| 2167800 | 162923 |
|  | Triputra Agro Persada <br> PT<br>| 30987500 | 3504939 |
|  | Tunas Baru Lampung <br> Tbk. PT<br>| 23540257 | 1054155 |
|  | Ultrajaya Milk Industry <br> & Trading Co. Tbk. <br> PT<br>| 13067200 | 1178814 |
|  | Unilever Indonesia <br> Tbk. PT<br>| 24192400 | 3751206 |
|  | United Tractors Tbk. <br> PT<br>| 9367346 | 15145852 |
|  | Vale Indonesia Tbk. <br> PT<br>| 10689375 | 3050017 |
| \*†† | Waskita Karya <br> Persero Tbk. PT<br>| 52554757 | 119710 |
| \*†† | Wijaya Karya Persero <br> Tbk. PT<br>| 19524422 | 89815 |
|  | Wintermar Offshore <br> Marine Tbk. PT<br>| 5713565 | 147238 |
| \* | Wir Asia Tbk. PT | 3127100 | 20172 |
|  | XLSMART Telecom <br> Sejahtera Tbk. PT<br>| 43919245 | 6890306 |
| TOTAL INDONESIA | TOTAL INDONESIA |  | 441247440 |
| KUWAIT — (0.4%) | KUWAIT — (0.4%) | KUWAIT — (0.4%) | KUWAIT — (0.4%) |
|  | A'ayan Leasing & <br> Investment Co. <br> KSCP<br>| 6272710 | 4341656 |
|  | A'ayan Real Estate <br> Co. SAK<br>| 178782 | 86300 |
| \* | Acico Industries Co. <br> KSC<br>| 707015 | 825420 |

---

582

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
|  | Agility Public <br> Warehousing Co. <br> KSC<br>| 1977856 | $971377 |
|  | Al Ahli Bank of Kuwait <br> KSCP<br>| 392535 | 368109 |
| \* | Al Argan International <br> Real Estate Co. <br> KSCP<br>| 301176 | 137561 |
|  | Al-Eid Food KSC | 527310 | 371309 |
|  | Ali Alghanim Sons <br> Automotive Co. <br> KSCC<br>| 552529 | 1939390 |
| \* | Alimtiaz Investment <br> Group KSC<br>| 3251034 | 766990 |
| \*†† | Arabi Group Holding <br> KSC<br>| 479552 | 451803 |
|  | Arzan Financial Group <br> for Financing & <br> Investment KPSC<br>| 4825368 | 6195301 |
| \* | Asiya Capital <br> Investments Co. <br> KSCP<br>| 3823733 | 721829 |
|  | Beyout Holding Co. <br> KPSC<br>| 60430 | 86888 |
|  | Boubyan Bank KSCP | 913052 | 2130550 |
|  | Boubyan <br> Petrochemicals Co. <br> KSCP<br>| 661278 | 1323157 |
|  | Boursa Kuwait <br> Securities Co. <br> KPSC<br>| 282877 | 3706921 |
|  | Burgan Bank SAK | 375305 | 289344 |
| \* | Coast Investment & <br> Development Co. <br> KSCP<br>| 82273 | 21630 |
|  | Combined Group <br> Contracting Co. <br> SAK<br>| 691683 | 2376675 |
|  | Commercial Facilities <br> Co. SAKP<br>| 236709 | 204349 |
|  | Commercial Real <br> Estate Co. KSC<br>| 2173512 | 1507464 |
| \* | First Investment Co. <br> KSCP<br>| 1875898 | 961041 |
|  | Gulf Bank KSCP | 2444181 | 2792518 |
|  | Gulf Cables & <br> Electrical Industries <br> Group Co. KSCP<br>| 186245 | 1363354 |
|  | Heavy Engineering & <br> Ship Building Co. <br> KSCP<br>| 432971 | 1335023 |
|  | Humansoft Holding <br> Co. KSC<br>| 425720 | 3434097 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
| \* | IFA Hotels & <br> Resorts-KPSC<br>| 267176 | $1138637 |
|  | Integrated Holding Co. <br> KCSC<br>| 908004 | 1600053 |
|  | Jazeera Airways Co. <br> KSCP<br>| 421806 | 2017873 |
|  | KAMCO Investment <br> Co. KSC<br>| 130316 | 75993 |
|  | Kuwait Business Town <br> Real Estate Co. <br> KSCP<br>| 259737 | 90477 |
|  | Kuwait Cement Co. <br> KSC<br>| 662335 | 766417 |
|  | Kuwait Finance House <br> KSCP<br>| 9520584 | 24926239 |
|  | Kuwait Financial <br> Centre SAK<br>| 290651 | 168048 |
|  | Kuwait International <br> Bank KSCP<br>| 3883499 | 3385892 |
|  | Kuwait Investment Co. <br> SAK<br>| 186238 | 152503 |
| \* | Kuwait Real Estate <br> Co. KSC<br>| 4762413 | 6590264 |
|  | Kuwait <br> Telecommunications <br> Co.<br>| 1136274 | 2199467 |
|  | Mabanee Co. KPSC | 748327 | 2457596 |
| \* | Manazel Holding Co. <br> KSC<br>| 500625 | 104988 |
|  | Mezzan Holding Co. <br> KSCC<br>| 559708 | 2175526 |
|  | Mobile <br> Telecommunications <br> Co. KSCP<br>| 2781820 | 4807574 |
| \* | Munshaat Real Estate <br> Projects Co. KSCP<br>| 62170 | 46146 |
|  | National Bank of <br> Kuwait SAKP<br>| 7372054 | 25247416 |
| \* | National Consumer <br> Holding Co. SAK<br>| 1812978 | 690374 |
|  | National Industries <br> Group Holding SAK<br>| 3320484 | 3149529 |
|  | National Investments <br> Co. KSCP<br>| 3487341 | 3860199 |
|  | Oula Fuel Marketing <br> Co.<br>| 77234 | 76661 |
| \* | Privatization Holding <br> Co. KSCP<br>| 1472006 | 410655 |
| \* | Rasiyat Holding Co. | 236436 | 298020 |
| \* | Real Estate Trade <br> Centers Co. KSC<br>| 13614 | 29618 |
|  | Salhia Real Estate <br> Co. KSCP<br>| 1058819 | 1446141 |

---

583

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
| \* | Securities House <br> KSC<br>| 1247431 | $371196 |
|  | Shamal Az-Zour <br> Al-Oula for the First <br> Phase of Az-Zour <br> Power Plant KSC<br>| 1628708 | 897061 |
|  | Specialities Group <br> Holding Co. KSCC<br>| 84860 | 48927 |
| †† | Sultan Center Food <br> Products Co. KSC<br>| 5505 | 646 |
|  | Tijara & Real Estate <br> Investment Co. <br> KSCP<br>| 93064 | 30264 |
| \* | United Real Estate <br> Co. SAKP<br>| 77372 | 59906 |
| \* | Warba Bank KSCP | 6472130 | 6116189 |
| TOTAL KUWAIT | TOTAL KUWAIT |  | 134146551 |
| MALAYSIA — (1.3%) | MALAYSIA — (1.3%) | MALAYSIA — (1.3%) | MALAYSIA — (1.3%) |
| # | 7-Eleven Malaysia <br> Holdings Bhd., <br> Class B<br>| 2085585 | 996135 |
|  | Able Global Bhd. | 645400 | 257160 |
| # | Aeon Co. M Bhd. | 4592800 | 1381015 |
| # | AEON Credit Service <br> M Bhd.<br>| 1821080 | 2287577 |
| #\* | AFFIN Bank Bhd. | 4312497 | 2358459 |
|  | Ajinomoto Malaysia <br> Bhd.<br>| 128000 | 409899 |
|  | Alliance Bank <br> Malaysia Bhd.<br>| 8005706 | 8400935 |
|  | Allianz Malaysia Bhd. | 213500 | 915495 |
| # | AME Elite Consortium <br> Bhd.<br>| 1583900 | 585688 |
|  | AMMB Holdings Bhd. <br> (AMM MK)<br>| 6307050 | 8578986 |
| # | Ancom Nylex Bhd. | 2765115 | 613561 |
| #\* | Ann Joo Resources <br> Bhd.<br>| 608100 | 95709 |
| #\* | Astro Malaysia <br> Holdings Bhd.<br>| 3575900 | 111023 |
|  | Aumas Resources <br> Bhd.<br>| 292300 | 51638 |
| # | Aurelius Technologies <br> Bhd.<br>| 1197000 | 285290 |
|  | Axiata Group Bhd. | 11702735 | 7017687 |
| # | Bank Islam Malaysia <br> Bhd.<br>| 5020059 | 2637226 |
|  | Batu Kawan Bhd. | 403050 | 1848450 |
| #\* | Berjaya Assets Bhd. | 1232400 | 88213 |
| #\* | Berjaya Corp. Bhd. | 23909801 | 1654030 |
| \* | Berjaya Food Bhd. | 2655919 | 158501 |
| #\* | Berjaya Land Bhd. | 3912500 | 251887 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
| #\* | Bermaz Auto Bhd. | 5122600 | $818737 |
| # | British American <br> Tobacco Malaysia <br> Bhd.<br>| 621200 | 682493 |
| #\* | Bumi Armada Bhd. | 21792250 | 1718117 |
| # | Bursa Malaysia Bhd. | 2920500 | 5712321 |
| # | Cahya Mata Sarawak <br> Bhd.<br>| 3655600 | 1385826 |
| #\* | Cape Ems Bhd. | 2386100 | 162201 |
| # | Carlsberg Brewery <br> Malaysia Bhd.<br>| 789400 | 3113767 |
| # | CB Industrial Product <br> Holding Bhd.<br>| 2850220 | 864039 |
|  | CCK Consolidated <br> Holdings Bhd.<br>| 262600 | 73316 |
|  | CelcomDigi Bhd. | 6229120 | 5354946 |
| \* | Chin Hin Group Bhd. | 237400 | 130883 |
|  | CIMB Group Holdings <br> Bhd.<br>| 15166848 | 26394897 |
| # | Coastal Contracts <br> Bhd.<br>| 1119200 | 314889 |
| # | Crescendo Corp. <br> Bhd.<br>| 240600 | 71187 |
| # | CSC Steel Holdings <br> Bhd.<br>| 1264100 | 349959 |
| # | CTOS Digital Bhd. | 3302200 | 737051 |
| #\* | Cypark Resources <br> Bhd.<br>| 744550 | 124344 |
| # | D&O Green <br> Technologies Bhd.<br>| 3125200 | 929374 |
| \* | Dagang NeXchange <br> Bhd.<br>| 597800 | 43413 |
| # | Dayang Enterprise <br> Holdings Bhd.<br>| 4510163 | 1605377 |
| # | Dialog Group Bhd. | 5898184 | 2759414 |
| # | DRB-Hicom Bhd. | 5329700 | 1602466 |
| # | Duopharma Biotech <br> Bhd.<br>| 1370151 | 408713 |
|  | Dutch Lady Milk <br> Industries Bhd.<br>| 102000 | 637612 |
|  | DXN Holdings Bhd. | 852300 | 105827 |
| # | Eastern & Oriental <br> Bhd.<br>| 5106400 | 973908 |
|  | Eco World <br> Development Group <br> Bhd.<br>| 6896800 | 3388575 |
| #\* | Ecofirst Consolidated <br> Bhd.<br>| 1552400 | 124195 |
|  | EG Industries Bhd. | 113400 | 37036 |
| #\* | Ekovest Bhd. | 12612550 | 1008287 |
|  | Farm Fresh Bhd. | 4140500 | 2402722 |
| # | Formosa Prosonic <br> Industries Bhd.<br>| 831600 | 285714 |

---

584

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
| # | Fraser & Neave <br> Holdings Bhd.<br>| 368800 | $2477996 |
| # | Frontken Corp. Bhd. | 6583500 | 7091211 |
| #\* | Gadang Holdings <br> Bhd.<br>| 2291200 | 163644 |
|  | Gamuda Bhd. | 5079533 | 6100569 |
|  | Gas Malaysia Bhd. | 1135800 | 1230086 |
| # | Genetec Technology <br> Bhd.<br>| 917000 | 113421 |
| # | Genting Bhd. | 8225200 | 6632883 |
| # | Genting Malaysia <br> Bhd.<br>| 9631500 | 5355353 |
| # | Genting Plantations <br> Bhd.<br>| 1078600 | 1306747 |
| #\* | Globetronics <br> Technology Bhd.<br>| 2729945 | 217781 |
| #\* | Greatech Technology <br> Bhd.<br>| 1444800 | 711416 |
| # | Guan Chong Bhd. | 3199599 | 685840 |
| # | HAP Seng <br> Consolidated Bhd.<br>| 4225140 | 2996955 |
| # | Hap Seng Plantations <br> Holdings Bhd.<br>| 1591700 | 859393 |
|  | Harn Len Corp. Bhd. | 63900 | 9076 |
| # | Hartalega Holdings <br> Bhd.<br>| 3925600 | 1131623 |
| # | Heineken Malaysia <br> Bhd.<br>| 639900 | 3254864 |
| #\* | Hengyuan Refining <br> Co. Bhd.<br>| 1879600 | 368851 |
|  | Hextar Global Bhd. | 1097100 | 236984 |
|  | Hextar Industries <br> Bhd.<br>| 103000 | 8729 |
| # | Hiap Teck Venture <br> Bhd.<br>| 9826200 | 667546 |
|  | Hibiscus Petroleum <br> Bhd.<br>| 5221940 | 1782938 |
| # | Hong Leong Bank <br> Bhd.<br>| 509765 | 2501493 |
|  | Hong Leong Financial <br> Group Bhd.<br>| 1079598 | 4354335 |
|  | Hong Leong Industries <br> Bhd.<br>| 500000 | 1640185 |
|  | HSS Engineers Bhd. | 100600 | 12959 |
|  | Hume Cement <br> Industries Bhd.<br>| 232600 | 194303 |
| # | Hup Seng Industries <br> Bhd.<br>| 2153000 | 529505 |
|  | IGB Bhd. | 735738 | 589080 |
|  | IHH Healthcare Bhd. | 2116900 | 4167980 |
| # | IJM Corp. Bhd. | 7391326 | 4367965 |
| # | Inari Amertron Bhd. | 5336532 | 3326296 |
| # | Insas Bhd. | 4362802 | 880507 |
| # | IOI Corp. Bhd. | 4478177 | 4297625 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
| # | IOI Properties Group <br> Bhd.<br>| 5399419 | $2707288 |
|  | Iris Corp. Bhd. | 220600 | 12899 |
| #\* | Iskandar Waterfront <br> City Bhd.<br>| 2026200 | 144893 |
| # | ITMAX SYSTEM Bhd. | 567200 | 614810 |
| # | JAKS Resources <br> Bhd.<br>| 12374160 | 309998 |
| # | Jaya Tiasa Holdings <br> Bhd.<br>| 5527339 | 1517410 |
| \* | JCY International <br> Bhd.<br>| 2114700 | 213590 |
|  | Keck Seng Malaysia <br> Bhd.<br>| 481400 | 638265 |
| # | Kelington Group Bhd. | 2182300 | 2855159 |
|  | Kenanga Investment <br> Bank Bhd.<br>| 2821700 | 571867 |
| # | Kerjaya Prospek <br> Group Bhd.<br>| 1755287 | 1167339 |
| # | Kim Loong Resources <br> Bhd.<br>| 1387760 | 768434 |
| \* | KNM Group Bhd. | 15379881 | 18362 |
| # | Kossan Rubber <br> Industries Bhd.<br>| 6671500 | 1891023 |
| # | KPJ Healthcare Bhd. | 7972500 | 5396724 |
| # | Kretam Holdings Bhd. | 4777400 | 787269 |
| # | KSL Holdings Bhd. | 2201669 | 1576942 |
|  | Kuala Lumpur Kepong <br> Bhd.<br>| 1110785 | 5432700 |
|  | Kumpulan Fima Bhd. | 709900 | 411699 |
| # | Lagenda Properties <br> Bhd.<br>| 1920800 | 577613 |
|  | Land & General Bhd. | 12414820 | 458951 |
| # | LBS Bina Group Bhd. | 5947093 | 602975 |
| # | Leong Hup <br> International Bhd.<br>| 8260400 | 1291510 |
|  | Lianson Fleet Group <br> Bhd.<br>| 68700 | 33775 |
| #\*Ω | Lotte Chemical Titan <br> Holding Bhd.<br>| 2882475 | 377796 |
|  | LPI Capital Bhd. | 658640 | 2260680 |
| # | Magni-Tech Industries <br> Bhd.<br>| 1388700 | 705460 |
| # | Magnum Bhd. | 4549062 | 1510215 |
| # | Mah Sing Group Bhd. | 9447051 | 2343570 |
| # | Malakoff Corp. Bhd. | 8389000 | 2161930 |
|  | Malayan Banking <br> Bhd.<br>| 7849450 | 18499450 |
|  | Malayan Cement <br> Bhd.<br>| 163300 | 267503 |
| # | Malayan Flour Mills <br> Bhd.<br>| 4724400 | 665752 |
| # | Malaysia Smelting <br> Corp. Bhd.<br>| 2226200 | 732718 |

---

585

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
| # | Malaysian Pacific <br> Industries Bhd.<br>| 461625 | $3296270 |
| # | Malaysian Resources <br> Corp. Bhd.<br>| 12008157 | 1288061 |
| # | Matrix Concepts <br> Holdings Bhd.<br>| 9406357 | 3075775 |
| # | Maxis Bhd. | 4550215 | 4129025 |
| # | MBM Resources Bhd. | 905810 | 1137797 |
| # | MBSB Bhd. | 13643467 | 2359961 |
|  | Mega First Corp. <br> Bhd.<br>| 3697000 | 3271638 |
|  | Mi Technovation Bhd. | 642500 | 483282 |
|  | MISC Bhd. | 2304360 | 4285467 |
|  | MKH Bhd. | 2772375 | 706654 |
| # | MKH Oil Palm East <br> Kalimantan Bhd.<br>| 222984 | 33794 |
|  | MN Holdings Bhd. | 102800 | 45749 |
| # | MNRB Holdings Bhd. | 3755754 | 1692650 |
| #Ω | Mr. DIY Group M <br> Bhd.<br>| 6347200 | 2421422 |
|  | Muhibbah Engineering <br> M Bhd.<br>| 3006150 | 387131 |
| # | Nationgate Holdings <br> Bhd.<br>| 666100 | 186889 |
| # | Nestle Malaysia Bhd. | 71600 | 1931673 |
| # | NEXG Bhd. | 3233700 | 293085 |
|  | Notion VTEC Bhd. | 523600 | 93367 |
| †† | Nylex Malaysia Bhd. | 20250 | 218 |
| # | OCK Group Bhd. | 3263100 | 338963 |
| # | Oriental Holdings <br> Bhd.<br>| 1111240 | 1817567 |
| # | OSK Holdings Bhd. | 11428450 | 3874859 |
| # | PA Resources Bhd. | 1808900 | 71103 |
| # | Padini Holdings Bhd. | 3537000 | 1596218 |
|  | Panasonic <br> Manufacturing <br> Malaysia Bhd.<br>| 62900 | 125009 |
| # | Pantech Group <br> Holdings Bhd.<br>| 3343031 | 534436 |
| # | Paramount Corp. <br> Bhd.<br>| 1893175 | 479206 |
|  | PBA Holdings Bhd. | 116800 | 54407 |
| # | Pecca Group Bhd. | 1237300 | 398635 |
| # | Perak Transit Bhd. | 4536199 | 367562 |
| # | Petron Malaysia <br> Refining & <br> Marketing Bhd.<br>| 613600 | 552783 |
| # | Petronas Chemicals <br> Group Bhd.<br>| 3524100 | 3277964 |
| # | Petronas Dagangan <br> Bhd.<br>| 677900 | 3670488 |
| # | Petronas Gas Bhd. | 1182308 | 5219333 |
|  | Power Root Bhd. | 347300 | 106123 |
|  | PPB Group Bhd. | 1526040 | 4057155 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
| # | Press Metal <br> Aluminium Holdings <br> Bhd.<br>| 6437360 | $9724040 |
|  | Public Bank Bhd. | 25473055 | 25644153 |
|  | QES Group Bhd. | 944400 | 111299 |
| # | QL Resources Bhd. | 5279995 | 5230281 |
| #\* | Ranhill Utilities Bhd. | 2267658 | 994529 |
| # | RCE Capital Bhd. | 2577700 | 664145 |
| # | REDtone Digital Bhd. | 1261400 | 158126 |
|  | RGB International <br> Bhd.<br>| 4180500 | 239465 |
|  | RHB Bank Bhd. | 5531358 | 8942383 |
| # | Sam Engineering & <br> Equipment M Bhd.<br>| 754500 | 876246 |
| # | Sarawak Oil Palms <br> Bhd.<br>| 2389037 | 2127252 |
|  | Scientex Bhd. | 4615184 | 3734975 |
|  | SD Guthrie Bhd. | 5308361 | 6691378 |
| # | Shangri-La Hotels <br> Malaysia Bhd.<br>| 253500 | 101654 |
|  | Sime Darby Bhd. | 11328987 | 5538292 |
| # | Sime Darby Property <br> Bhd.<br>| 11876887 | 3819202 |
|  | SKP Resources Bhd. | 6792525 | 1271985 |
| #\* | Solarvest Holdings <br> Bhd.<br>| 1778000 | 1290811 |
| # | Southern Cable Group <br> Bhd.<br>| 849200 | 414346 |
|  | SP Setia Bhd. Group | 7554759 | 1557956 |
| # | Sports Toto Bhd. | 3684773 | 1222407 |
| # | Sunway Bhd. | 2984090 | 3846788 |
| # | Sunway Construction <br> Group Bhd.<br>| 1606119 | 2252978 |
| #\* | Supermax Corp. Bhd. | 5279039 | 597257 |
| # | Suria Capital Holdings <br> Bhd.<br>| 413380 | 158176 |
| # | Syarikat Takaful <br> Malaysia Keluarga <br> Bhd.<br>| 2785675 | 2061083 |
| # | Ta Ann Holdings Bhd. | 2019023 | 2022680 |
| # | Taliworks Corp. Bhd. | 2377766 | 303525 |
| # | TASCO Bhd. | 858600 | 105511 |
| # | Telekom Malaysia <br> Bhd.<br>| 2458828 | 4285117 |
|  | Tenaga Nasional Bhd. | 3542681 | 11224100 |
| # | Teo Seng Capital <br> Bhd.<br>| 189600 | 51547 |
|  | Thong Guan <br> Industries Bhd.<br>| 1450500 | 398286 |
| # | TIME dotCom Bhd. | 4110480 | 4679674 |
| #\* | Top Glove Corp. Bhd. | 14186660 | 2131027 |
| #\* | Tropicana Corp. Bhd. | 5039732 | 1406183 |
| # | TSH Resources Bhd. | 3242150 | 1051526 |

---

586

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
| # | Uchi Technologies <br> Bhd.<br>| 1688440 | $1248765 |
| # | UEM Sunrise Bhd. | 8838445 | 1348654 |
| # | Unisem M Bhd. | 1039400 | 874402 |
|  | United Malacca Bhd. | 226150 | 315171 |
| # | United Plantations <br> Bhd.<br>| 714900 | 4227436 |
| # | UOA Development <br> Bhd.<br>| 8622500 | 3803978 |
| # | Uzma Bhd. | 939033 | 111002 |
| \* | Vantris Energy Bhd. | 2037609 | 267466 |
| # | Velesto Energy Bhd. | 29005192 | 1733358 |
|  | ViTrox Corp. Bhd. | 881000 | 946654 |
| # | VS Industry Bhd. | 13280752 | 1565521 |
| # | Wasco Bhd. | 1416900 | 292640 |
| #\* | WCT Holdings Bhd. | 5517840 | 986832 |
| # | Wellcall Holdings <br> Bhd.<br>| 2974850 | 894965 |
| # | Westports Holdings <br> Bhd.<br>| 3131513 | 3847349 |
| # | Yinson Holdings Bhd. | 7618585 | 4310815 |
| # | YTL Corp. Bhd. | 14976593 | 9277491 |
| # | YTL Power <br> International Bhd.<br>| 4073263 | 3871708 |
|  | Zetrix Ai Bhd. | 20773521 | 4185532 |
| TOTAL MALAYSIA | TOTAL MALAYSIA |  | 453800719 |
| MEXICO — (2.0%) | MEXICO — (2.0%) | MEXICO — (2.0%) | MEXICO — (2.0%) |
|  | Alfa SAB de CV, <br> Class A<br>| 31592286 | 23925692 |
| # | Alpek SAB de CV | 3673514 | 1858655 |
|  | Alsea SAB de CV | 3134024 | 8672399 |
| # | America Movil SAB de <br> CV (2228390D US), <br> ADR<br>| 2718240 | 61894324 |
| # | Arca Continental SAB <br> de CV<br>| 1027605 | 9943904 |
| #\* | Axtel SAB de CV | 8473184 | 1313495 |
| Ω | Banco del Bajio SA | 5234167 | 13356937 |
| # | Becle SAB de CV | 866993 | 1064929 |
|  | Bolsa Mexicana de <br> Valores SAB de CV<br>| 2864652 | 5461473 |
|  | Cemex SAB de CV <br> (CEMEXCPO MM)<br>| 1651158 | 1674399 |
|  | Cemex SAB de CV <br> (CX US), <br> Sponsored ADR<br>| 3600262 | 36542661 |
|  | Coca-Cola Femsa <br> SAB de CV (KOF <br> US), Sponsored <br> ADR<br>| 81220 | 6980859 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
|  | Coca-Cola Femsa <br> SAB de CV <br> (KOFUBL MM)<br>| 338569 | $2907591 |
|  | Consorcio ARA SAB <br> de CV<br>| 8643162 | 1642240 |
| #\* | Controladora Alpek <br> SAB de CV<br>| 31592286 | 4897370 |
| \* | Controladora AXTEL <br> SAB de CV<br>| 27388079 | 1334134 |
| \* | Controladora Vuela <br> Cia de Aviacion <br> SAB de CV (VLRS <br> US), ADR<br>| 270308 | 1792142 |
| #\* | Controladora Vuela <br> Cia de Aviacion <br> SAB de CV <br> (VOLARA MM), <br> Class A<br>| 1040862 | 693590 |
|  | Corp. Actinver SAB de <br> CV<br>| 61598 | 68963 |
| # | Corp. Inmobiliaria <br> Vesta SAB de CV<br>| 3245004 | 9851077 |
|  | Corp. Interamericana <br> de Entretenimiento <br> SAB de CV, <br> Class B<br>| 222600 | 546361 |
|  | Corp. Moctezuma <br> SAB de CV<br>| 213875 | 967005 |
|  | Corporativo Fragua <br> SAB de CV<br>| 2566 | 74582 |
|  | Cydsa SAB de CV | 6129 | 5757 |
| \* | Dine SAB de CV | 7300 | 7967 |
|  | El Puerto de Liverpool <br> SAB de CV, <br> Class C1<br>| 526038 | 2563014 |
| #\*†† | Empresas ICA SAB <br> de CV<br>| 4691828 | 0 |
|  | Financiera <br> Independencia SAB <br> de CV SOFOM <br> ENR<br>| 122895 | 56359 |
|  | Fomento Economico <br> Mexicano SAB de <br> CV (FEMSAUBD <br> MM)<br>| 534206 | 5032811 |
|  | Fomento Economico <br> Mexicano SAB de <br> CV (FMX US), <br> Sponsored ADR<br>| 66202 | 6246821 |
|  | GCC SAB de CV | 1071304 | 10282581 |
| # | Genomma Lab <br> Internacional SAB <br> de CV, Class B<br>| 4631909 | 4522584 |

---

587

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
|  | Gentera SAB de CV | 9230595 | $21895865 |
|  | Gruma SAB de CV, <br> Class B<br>| 913433 | 15470124 |
|  | Grupo Aeroportuario <br> del Centro Norte <br> SAB de CV<br>| 1482286 | 18267578 |
|  | Grupo Aeroportuario <br> del Pacifico SAB de <br> CV (GAPB MM), <br> Class B<br>| 979586 | 20345187 |
| # | Grupo Aeroportuario <br> del Pacifico SAB de <br> CV (PAC US), ADR<br>| 27293 | 5685678 |
|  | Grupo Aeroportuario <br> del Sureste SAB de <br> CV (ASR US), ADR<br>| 6331 | 1914114 |
|  | Grupo Aeroportuario <br> del Sureste SAB de <br> CV (ASURB MM), <br> Class B<br>| 366862 | 11100347 |
| # | Grupo Bimbo SAB de <br> CV<br>| 3507902 | 12114379 |
| # | Grupo Carso SAB de <br> CV<br>| 1923015 | 13659891 |
| # | Grupo Comercial <br> Chedraui SA de CV<br>| 2372508 | 17232082 |
|  | Grupo Financiero <br> Banorte SAB de <br> CV, Class O<br>| 5816079 | 54599802 |
|  | Grupo Financiero <br> Inbursa SAB de CV, <br> Class O<br>| 5362667 | 12992095 |
|  | Grupo Gigante SAB <br> de CV<br>| 41000 | 65058 |
|  | Grupo Herdez SAB de <br> CV<br>| 1704446 | 6422005 |
| \* | Grupo Hotelero Santa <br> Fe SAB de CV<br>| 306056 | 61776 |
|  | Grupo Industrial <br> Saltillo SAB de CV<br>| 320237 | 238904 |
|  | Grupo Mexico SAB de <br> CV<br>| 7525347 | 64934649 |
| \* | Grupo Nutrisa SAB de <br> CV<br>| 1704446 | 467889 |
| \* | Grupo Pochteca SAB <br> de CV<br>| 386111 | 129892 |
| # | Grupo Rotoplas SAB <br> de CV<br>| 714409 | 515662 |
| \* | Grupo Simec SAB de <br> CV (SIM US), <br> Sponsored ADR<br>| 5555 | 157762 |
| #\* | Grupo Simec SAB de <br> CV (SIMECB MM)<br>| 1299357 | 11856366 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
| # | Grupo Televisa SAB <br> (TLEVICPO MM)<br>| 2737347 | $1429193 |
|  | Grupo Televisa SAB <br> (TV US), Sponsored <br> ADR<br>| 1878081 | 4958134 |
| #\*Ω | Grupo Traxion SAB de <br> CV<br>| 611596 | 450340 |
| \* | Industrias CH SAB de <br> CV<br>| 1714776 | 15690821 |
| \* | Industrias Penoles <br> SAB de CV<br>| 655155 | 27678478 |
|  | Kimberly-Clark de <br> Mexico SAB de CV, <br> Class A<br>| 5839206 | 11317911 |
|  | KUO SAB de CV | 271325 | 749198 |
| # | La Comer SAB de <br> CV<br>| 5015129 | 10862491 |
|  | Megacable Holdings <br> SAB de CV<br>| 5071691 | 14514725 |
| \* | Minera Frisco SAB de <br> CV, Class A1<br>| 5848090 | 2779483 |
| \*Ω | Nemak SAB de CV | 15152868 | 3156423 |
| \* | Ollamani SAB | 136867 | 454910 |
| # | Operadora De Sites <br> Mexicanos SAB de <br> CV, Class A-1<br>| 48275 | 43394 |
| # | Orbia Advance Corp. <br> SAB de CV<br>| 6016425 | 5446956 |
|  | Organizacion Cultiba <br> SAB de CV<br>| 194351 | 109841 |
| \* | Organizacion Soriana <br> SAB de CV, <br> Class B<br>| 3346930 | 4773994 |
| \* | Promotora de Hoteles <br> Norte 19 SAB de <br> CV<br>| 2213204 | 800534 |
|  | Promotora y <br> Operadora de <br> Infraestructura SAB <br> de CV (PINFRA <br> MM)<br>| 1230572 | 15897386 |
| # | Promotora y <br> Operadora de <br> Infraestructura SAB <br> de CV (PINFRAL <br> MM), Class L<br>| 30873 | 299100 |
| # | Qualitas Controladora <br> SAB de CV<br>| 948790 | 8608232 |
|  | Regional SAB de CV | 2085019 | 15446996 |
| #\* | Sitios Latinoamerica <br> SAB de CV<br>| 1463967 | 367991 |

---

588

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
| \* | Vista Energy SAB de <br> CV (VIST US), <br> ADR<br>| 67859 | $3287769 |
| \* | Vitro SAB de CV | 422924 | 131122 |
| # | Wal-Mart de Mexico <br> SAB de CV<br>| 6200227 | 20524475 |
| TOTAL MEXICO | TOTAL MEXICO |  | 686089678 |
| PERU — (0.1%) | PERU — (0.1%) | PERU — (0.1%) | PERU — (0.1%) |
|  | Cementos Pacasmayo <br> SAA, ADR<br>| 39716 | 288734 |
|  | Cia de Minas <br> Buenaventura SAA, <br> ADR<br>| 157251 | 3580605 |
|  | Credicorp Ltd. | 121641 | 31748301 |
| \*†† | Fossal SAA, ADR | 6 | 13 |
|  | Intercorp Financial <br> Services, Inc.<br>| 9334 | 401642 |
| TOTAL PERU | TOTAL PERU |  | 36019295 |
| PHILIPPINES — (0.5%) | PHILIPPINES — (0.5%) | PHILIPPINES — (0.5%) | PHILIPPINES — (0.5%) |
|  | A Soriano Corp. | 818000 | 202777 |
|  | Aboitiz Equity <br> Ventures, Inc.<br>| 3324490 | 1608882 |
|  | Aboitiz Power Corp. | 3855500 | 2701040 |
|  | ACEN Corp. | 17400967 | 684933 |
| \*†† | ACR Mining Corp. | 11905 | 0 |
|  | Alliance Global Group, <br> Inc.<br>| 22418794 | 2778852 |
|  | Apex Mining Co., Inc. | 15588000 | 2467916 |
| \* | Atlas Consolidated <br> Mining & <br> Development Corp.<br>| 4306100 | 374907 |
|  | Ayala Corp. | 376380 | 2991037 |
|  | Ayala Land, Inc. | 7824970 | 2643234 |
| \* | AyalaLand Logistics <br> Holdings Corp.<br>| 4662200 | 105393 |
|  | Bank of the Philippine <br> Islands<br>| 3910626 | 7003221 |
|  | BDO Unibank, Inc. | 6704779 | 15206047 |
|  | Belle Corp. | 27703700 | 639896 |
|  | Bloomberry Resorts <br> Corp.<br>| 19293800 | 1048228 |
| \* | Cebu Air, Inc. | 1887740 | 939726 |
|  | Century Pacific Food, <br> Inc.<br>| 6218850 | 3700726 |
|  | China Banking Corp. | 2559090 | 2222573 |
|  | COL Financial Group, <br> Inc.<br>| 1671250 | 40909 |
|  | Converge Information <br> & Communications <br> Technology <br> Solutions, Inc.<br>| 10154300 | 2198446 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |
|  | Cosco Capital, Inc. | 15392100 | $1807496 |
|  | D&L Industries, Inc. | 12314300 | 943654 |
|  | DigiPlus Interactive <br> Corp.<br>| 912760 | 323930 |
| \* | DITO CME Holdings <br> Corp.<br>| 18594900 | 259131 |
|  | DMCI Holdings, Inc. | 25494100 | 4888079 |
|  | DoubleDragon Corp. | 4336690 | 729879 |
|  | East West Banking <br> Corp.<br>| 5798250 | 1130870 |
|  | Emperador, Inc. | 3708300 | 1006455 |
|  | Filinvest Development <br> Corp.<br>| 116500 | 9201 |
|  | Filinvest Land, Inc. | 66853446 | 851682 |
|  | Filinvest REIT Corp. | 14665037 | 774782 |
|  | First Philippine <br> Holdings Corp.<br>| 2587130 | 3143233 |
|  | Ginebra San Miguel, <br> Inc.<br>| 20830 | 98987 |
| \* | Global Ferronickel <br> Holdings, Inc.<br>| 16720756 | 360783 |
|  | Globe Telecom, Inc. | 99684 | 2499395 |
|  | GT Capital Holdings, <br> Inc.<br>| 442962 | 4108740 |
|  | International Container <br> Terminal Services, <br> Inc.<br>| 2174422 | 19611947 |
|  | JG Summit Holdings, <br> Inc.<br>| 5259276 | 2139018 |
|  | Jollibee Foods Corp. | 1266257 | 4658790 |
|  | Keepers Holdings, <br> Inc.<br>| 894000 | 35346 |
|  | LT Group, Inc. | 12860000 | 3196215 |
|  | MacroAsia Corp. | 604396 | 45454 |
|  | Manila Electric Co. | 444700 | 4414266 |
|  | Manila Water Co., <br> Inc.<br>| 9410200 | 5555030 |
|  | Megaworld Corp. | 53436300 | 1807730 |
|  | Metropolitan Bank & <br> Trust Co.<br>| 5602829 | 6567343 |
| Ω | Monde Nissin Corp. | 1295700 | 148568 |
|  | Nickel Asia Corp. | 26122540 | 1628329 |
|  | Petron Corp. | 22616000 | 904293 |
|  | Philcomsat Holdings <br> Corp.<br>| 410332 | 745850 |
|  | Philex Mining Corp. | 7539850 | 1036153 |
|  | Philippine National <br> Bank<br>| 2711566 | 2376841 |
|  | Philippine Seven <br> Corp.<br>| 250010 | 176169 |
|  | Philippine Stock <br> Exchange, Inc.<br>| 84552 | 291699 |
| \*†† | Philtown Properties, <br> Inc.<br>| 16675 | 0 |

---

589

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |
| \*†† | Phoenix Petroleum <br> Philippines, Inc.<br>| 2516870 | $33359 |
| # | PLDT, Inc. (PHI US), <br> Sponsored ADR<br>| 117883 | 2284573 |
|  | PLDT, Inc. (TEL PM) | 76845 | 1460469 |
|  | Puregold Price Club, <br> Inc.<br>| 6791180 | 4390619 |
| \* | PXP Energy Corp. | 363200 | 14553 |
|  | RFM Corp. | 6096300 | 449669 |
|  | Rizal Commercial <br> Banking Corp.<br>| 2919464 | 1260655 |
|  | Robinsons Land <br> Corp.<br>| 16547618 | 4190007 |
|  | Robinsons Retail <br> Holdings, Inc.<br>| 1697120 | 1003437 |
|  | San Miguel Corp. | 3366360 | 3720003 |
|  | Security Bank Corp. | 2013688 | 2380312 |
|  | Semirara Mining & <br> Power Corp.<br>| 4759000 | 2672085 |
|  | Shakey's Pizza Asia <br> Ventures, Inc.<br>| 366600 | 45486 |
| \* | Shell Pilipinas Corp. | 1919540 | 206753 |
|  | SM Investments <br> Corp.<br>| 139740 | 1729186 |
|  | SM Prime Holdings, <br> Inc.<br>| 8148290 | 3101501 |
|  | SSI Group, Inc. | 302000 | 12822 |
|  | STI Education <br> Systems Holdings, <br> Inc.<br>| 1430000 | 34465 |
|  | Synergy Grid & <br> Development Phils, <br> Inc.<br>| 3227000 | 815556 |
| \* | Top Frontier <br> Investment <br> Holdings, Inc.<br>| 155417 | 159052 |
|  | Union Bank of the <br> Philippines<br>| 3664942 | 1794460 |
|  | Universal Robina <br> Corp.<br>| 2832660 | 3510840 |
|  | Vista Land & <br> Lifescapes, Inc.<br>| 54816800 | 894328 |
|  | Vistamalls, Inc. | 155800 | 3321 |
|  | Wilcon Depot, Inc. | 6753100 | 883767 |
| TOTAL PHILIPPINES | TOTAL PHILIPPINES |  | 164885359 |
| POLAND — (1.2%) | POLAND — (1.2%) | POLAND — (1.2%) | POLAND — (1.2%) |
| #\* | 11 bit studios SA | 5440 | 260428 |
|  | AB SA | 9937 | 261541 |
| \* | Action SA | 37636 | 313457 |
|  | Agora SA | 261596 | 649622 |
|  | Alior Bank SA | 760657 | 21195811 |
| \*Ω | Allegro.eu SA | 197079 | 1840291 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) |
| # | Amica SA | 29857 | $466473 |
| # | AmRest Holdings SE | 333086 | 1334389 |
|  | Apator SA | 74541 | 474406 |
| #\* | Arctic Paper SA | 132265 | 303655 |
|  | ASBISc Enterprises <br> PLC<br>| 298919 | 2411283 |
|  | Asseco Poland SA | 262383 | 15261956 |
|  | Asseco South Eastern <br> Europe SA<br>| 16818 | 300982 |
| # | Auto Partner SA | 284788 | 1390081 |
|  | Bank Handlowy w <br> Warszawie SA<br>| 148569 | 4187821 |
| \* | Bank Millennium SA | 2776291 | 11620893 |
| #\* | Bank Ochrony <br> Srodowiska SA<br>| 121413 | 395689 |
|  | Bank Polska Kasa <br> Opieki SA<br>| 499709 | 25585987 |
|  | Benefit Systems SA | 6627 | 5621210 |
| #\* | Bioton SA | 193900 | 224689 |
|  | BNPP Bank Polska <br> SA<br>| 3338 | 102258 |
| # | Boryszew SA | 1581311 | 2567527 |
| # | Budimex SA | 66681 | 10586257 |
| #\* | CCC SA | 145045 | 5936614 |
|  | CD Projekt SA | 40600 | 2789525 |
| #\* | Celon Pharma SA | 49619 | 289604 |
| #\* | CI Games SA | 878942 | 684791 |
| #\* | Cognor Holding SA | 736787 | 1317269 |
|  | Cyber Folks SA | 27075 | 1354444 |
| \* | Cyfrowy Polsat SA | 771145 | 2767313 |
| \* | Datawalk SA | 5977 | 147499 |
|  | Develia SA | 1508135 | 3334055 |
| \*Ω | Dino Polska SA | 803000 | 9591278 |
|  | Dom Development <br> SA<br>| 41354 | 2755088 |
| \* | Echo Investment SA | 23210 | 34557 |
| # | Elektrotim SA | 11414 | 155030 |
| \* | Enea SA | 1952144 | 10950734 |
| #\* | Eurocash SA | 470794 | 1026796 |
| \* | Fabryki Mebli Forte <br> SA<br>| 103961 | 734637 |
|  | Ferro SA | 1212 | 10301 |
| #\* | Globe Trade Centre <br> SA<br>| 254305 | 251353 |
| #\* | Grupa Azoty SA | 344548 | 1746045 |
| # | Grupa Kety SA | 64686 | 16279737 |
|  | Grupa Pracuj SA | 10752 | 164968 |
| #\*Ω | HUUUGE, Inc. | 42466 | 277805 |
|  | ING Bank Slaski SA | 86700 | 7397161 |
| # | Inter Cars SA | 33932 | 5070463 |
| #\* | Jastrzebska Spolka <br> Weglowa SA<br>| 526457 | 3688404 |
| \* | KGHM Polska Miedz <br> SA<br>| 326273 | 17114044 |
| # | KRUK SA | 93438 | 11486080 |

---

590

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) |
| \* | Lentex SA | 22077 | $44087 |
| # | LPP SA | 2841 | 13790725 |
| #\* | Lubawa SA | 24192 | 64912 |
| \* | Lubelski Wegiel <br> Bogdanka SA<br>| 84050 | 489158 |
| \* | mBank SA | 33114 | 8817898 |
| \* | Medicalgorithmics SA | 1166 | 10418 |
| # | Mirbud SA | 502567 | 1849107 |
| # | Mo-BRUK SA | 14849 | 1179861 |
| \* | Mostostal Zabrze SA | 91622 | 166038 |
|  | Neuca SA | 6917 | 1392919 |
|  | Newag SA | 511 | 12572 |
|  | Onde SA | 5966 | 13811 |
|  | Orange Polska SA | 2105095 | 5130334 |
|  | ORLEN SA | 1830608 | 49616526 |
| # | Pepco Group NV | 312879 | 2356617 |
| \* | PGE Polska Grupa <br> Energetyczna SA<br>| 2676224 | 8115042 |
| \* | PKP Cargo SA | 207664 | 902532 |
|  | PlayWay SA | 5070 | 367845 |
| #\* | Polimex-Mostostal SA | 524213 | 842074 |
|  | Powszechna Kasa <br> Oszczednosci Bank <br> Polski SA<br>| 992246 | 20344280 |
|  | Powszechny Zaklad <br> Ubezpieczen SA<br>| 1477164 | 23618628 |
|  | Santander Bank <br> Polska SA<br>| 53494 | 7044986 |
| \* | Selvita SA | 15027 | 150108 |
| # | Stalexport Autostrady <br> SA<br>| 1083132 | 844033 |
|  | Synektik SA | 33892 | 2412191 |
| \* | Tauron Polska Energia <br> SA<br>| 7222221 | 19551528 |
|  | TEN Square Games <br> SA<br>| 5190 | 127147 |
| # | Text SA | 64197 | 845257 |
|  | Torpol SA | 56565 | 815881 |
| \* | Toya SA | 13037 | 36857 |
| # | Unimot SA | 12347 | 436736 |
| # | Votum SA | 16987 | 214815 |
| # | Voxel SA | 2274 | 93685 |
| #\* | VRG SA | 1259078 | 1514095 |
| # | Warsaw Stock <br> Exchange<br>| 122584 | 2027712 |
|  | Wawel SA | 149 | 28405 |
| # | Wirtualna Polska <br> Holding SA<br>| 29064 | 436339 |
| Ω | XTB SA | 428609 | 8087381 |
| #\* | Zespol <br> Elektrocieplowni <br> Wroclawskich <br> Kogeneracja SA<br>| 15341 | 259508 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) |
| #\* | Zespol Elektrowni <br> Patnow Adamow <br> Konin SA<br>| 92306 | $559753 |
| TOTAL POLAND | TOTAL POLAND |  | 399324102 |
| QATAR — (0.7%) | QATAR — (0.7%) | QATAR — (0.7%) | QATAR — (0.7%) |
|  | Aamal Co. | 11558854 | 2509268 |
|  | Al Khaleej Takaful <br> Group QSC<br>| 1594282 | 1041501 |
|  | Al Meera Consumer <br> Goods Co. QSC<br>| 606268 | 2435253 |
|  | Al Rayan Bank | 12713582 | 8172972 |
|  | Alijarah Holding Co. <br> QPSC<br>| 2527464 | 479253 |
| \* | Baladna | 7064060 | 2962072 |
|  | Barwa Real Estate <br> Co.<br>| 9621090 | 6948049 |
|  | Commercial Bank <br> PSQC <br>| 5777516 | 6575054 |
| \* | Dlala Brokerage & <br> Investments Holding <br> Co. QSC<br>| 229851 | 63593 |
|  | Doha Bank QPSC | 13593806 | 9381343 |
|  | Doha Insurance Co. <br> QSC<br>| 724374 | 501601 |
|  | Dukhan Bank | 93812 | 89553 |
| \* | Estithmar Holding <br> QPSC<br>| 5596295 | 6302567 |
|  | Gulf International <br> Services QSC<br>| 8974229 | 7608120 |
|  | Gulf Warehousing <br> Co.<br>| 2822619 | 1983534 |
|  | Industries Qatar QSC | 696151 | 2425526 |
|  | Lesha Bank LLC | 7155711 | 3549339 |
|  | Mannai Corp. QSC | 969758 | 1413294 |
| \* | Mazaya Real Estate <br> Development <br> QPSC<br>| 4539401 | 764807 |
|  | Medicare Group | 1456853 | 2598908 |
|  | Mesaieed <br> Petrochemical <br> Holding Co.<br>| 6792198 | 2329280 |
|  | Ooredoo QPSC | 3111870 | 11573880 |
|  | Qatar Aluminum <br> Manufacturing Co.<br>| 15945310 | 6796197 |
|  | Qatar Electricity & <br> Water Co. QSC<br>| 1236185 | 5223080 |
|  | Qatar Fuel QSC | 998858 | 4114627 |
|  | Qatar Gas Transport <br> Co. Ltd.<br>| 10359854 | 12578556 |
|  | Qatar Industrial <br> Manufacturing Co. <br> QSC<br>| 821349 | 544664 |

---

591

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) |
|  | Qatar Insurance Co. <br> SAQ<br>| 3572709 | $2011158 |
|  | Qatar International <br> Islamic Bank QSC<br>| 2053980 | 6287655 |
|  | Qatar Islamic Bank <br> QPSC<br>| 1687213 | 11374641 |
|  | Qatar Islamic <br> Insurance Group<br>| 307190 | 744520 |
|  | Qatar National Bank <br> QPSC<br>| 13164893 | 66956501 |
|  | Qatar National <br> Cement Co. QSC<br>| 1489605 | 1245312 |
|  | Qatar Navigation <br> QSC<br>| 2477568 | 7566908 |
|  | QLM Life & Medical <br> Insurance Co. WLL<br>| 249576 | 173716 |
|  | Salam International <br> Investment Ltd. <br> QSC<br>| 7736721 | 1605787 |
|  | United Development <br> Co. QSC<br>| 11990083 | 3105260 |
|  | Vodafone Qatar <br> PQSC<br>| 17306239 | 11422308 |
| \* | Widam Food Co. | 598813 | 326621 |
|  | Zad Holding Co. | 102347 | 393030 |
| TOTAL QATAR | TOTAL QATAR |  | 224179308 |
| RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) |
| \*†† | Gazprom PJSC <br> (OGZD LI), <br> Sponsored ADR<br>| 4286740 | 0 |
| \*†† | Gazprom PJSC <br> (OGZPY US), <br> Sponsored ADR<br>| 226212 | 0 |
| \*†† | Magnitogorsk Iron & <br> Steel Works PJSC <br> (MMK LI), <br> Sponsored GDR<br>| 604821 | 0 |
| \*†† | Mechel PJSC, <br> Sponsored ADR<br>| 137371 | 0 |
| \*†† | PhosAgro PJSC | 1846 | 0 |
| \*†† | Polyus PJSC (PLZL <br> LI), GDR<br>| 30972 | 0 |
| \*†† | RusHydro PJSC <br> (HYDR LI), ADR<br>| 4493667 | 0 |
| \*†† | RusHydro PJSC <br> (RSHYY US), ADR<br>| 556 | 0 |
| \*†† | Sberbank of Russia <br> PJSC (SBER LI), <br> Sponsored ADR<br>| 3144384 | 0 |
| \*†† | Severstal PAO <br> (SVJTY US), GDR<br>| 1124 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| RUSSIA — (Continued) | RUSSIA — (Continued) | RUSSIA — (Continued) | RUSSIA — (Continued) |
| \*†† | Severstal PAO (SVST <br> LI), GDR<br>| 284906 | $0 |
| \*†† | VTB Bank PJSC <br> (VTBR LI), GDR<br>| 7638337 | 0 |
| SAUDI ARABIA — (3.0%) | SAUDI ARABIA — (3.0%) | SAUDI ARABIA — (3.0%) | SAUDI ARABIA — (3.0%) |
|  | Abdullah Al Othaim <br> Markets Co.<br>| 2733823 | 5550540 |
| \* | ACWA Power Co. | 110661 | 7148817 |
|  | Ades Holding Co. | 603811 | 2728600 |
| \* | Advanced <br> Petrochemical Co.<br>| 550055 | 5547337 |
|  | Al Babtain Power & <br> Telecommunication <br> Co.<br>| 369351 | 6181940 |
| \* | Al Gassim Investment <br> Holding Co.<br>| 14747 | 72974 |
|  | Al Hammadi Holding | 451802 | 4208968 |
|  | Al Hassan Ghazi <br> Ibrahim Shaker Co.<br>| 224179 | 1562691 |
|  | Al Jouf Agricultural <br> Development Co.<br>| 130143 | 1595663 |
| \* | Al Jouf Cement Co. | 450462 | 840753 |
| \* | Al Khaleej Training & <br> Education Co.<br>| 241166 | 1881193 |
|  | Al Rajhi Bank | 3883026 | 109750302 |
| \* | Al Rajhi Co. for <br> Co-operative <br> Insurance<br>| 73465 | 2309557 |
|  | Al Taiseer Group <br> TALCO Industrial <br> Co.<br>| 1584 | 17193 |
|  | Al Yamamah Steel <br> Industries Co.<br>| 238552 | 2337196 |
|  | Alamar Foods | 71608 | 930979 |
|  | Alandalus Property <br> Co.<br>| 298390 | 1591098 |
|  | Alaseel Co. | 1505135 | 1431831 |
|  | Al-Dawaa Medical <br> Services Co.<br>| 45773 | 799684 |
|  | Aldrees Petroleum & <br> Transport Services <br> Co.<br>| 311860 | 12764402 |
|  | Al-Etihad Cooperative <br> Insurance Co.<br>| 246718 | 711253 |
|  | Alinma Bank | 2988217 | 20690810 |
|  | AlJazira Takaful <br> Ta'awuni Co.<br>| 259634 | 856129 |
|  | AlKhorayef Water & <br> Power Technologies <br> Co.<br>| 82613 | 3312853 |

---

592

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
| \* | Allianz Saudi Fransi <br> Cooperative <br> Insurance Co.<br>| 219525 | $799610 |
|  | Almarai Co. JSC | 1680965 | 22286578 |
|  | Almawarid Manpower <br> Co.<br>| 14734 | 526433 |
|  | Almunajem Foods <br> Co.<br>| 74828 | 1155096 |
|  | Alujain Corp. | 247530 | 2108433 |
| \* | Amlak International <br> Finance Co.<br>| 86081 | 319088 |
| \* | Anaam International <br> Holding Group Co.<br>| 62496 | 250139 |
|  | Arab National Bank | 1726298 | 11164860 |
| \* | Arabia Insurance <br> Cooperative Co.<br>| 69584 | 198295 |
|  | Arabian Cement Co. | 373759 | 2206358 |
| Ω | Arabian Centres Co. | 782909 | 4574773 |
|  | Arabian Contracting <br> Services Co.<br>| 65124 | 2077768 |
|  | Arabian Drilling Co. | 193310 | 4564967 |
|  | Arabian Internet & <br> Communications <br> Services Co.<br>| 102382 | 6876274 |
|  | Arabian Pipes Co. | 649834 | 987889 |
| \* | Arabian Shield <br> Cooperative <br> Insurance Co.<br>| 215450 | 748819 |
|  | Arriyadh Development <br> Co.<br>| 775674 | 6092657 |
| \* | ARTEX Industrial <br> Investment Co.<br>| 244918 | 916785 |
| \* | Ash-Sharqiyah <br> Development Co.<br>| 15451 | 66808 |
|  | Astra Industrial Group <br> Co.<br>| 225509 | 8951319 |
|  | Ataa Educational Co. | 50258 | 904919 |
| \* | BAAN Holding Group <br> Co.<br>| 1337901 | 769172 |
|  | Banan Real Estate <br> Co.<br>| 18742 | 22321 |
|  | Bank AlBilad | 2177037 | 17202055 |
| \* | Bank Al-Jazira | 3500288 | 11771677 |
|  | Banque Saudi Fransi | 1762232 | 8386542 |
|  | Basic Chemical <br> Industries Ltd.<br>| 101099 | 755783 |
|  | Bawan Co. | 295171 | 4449880 |
|  | BinDawood Holding <br> Co.<br>| 1320267 | 2024435 |
|  | Bupa Arabia for <br> Cooperative <br> Insurance Co.<br>| 234182 | 10252906 |
|  | Catrion Catering <br> Holding Co.<br>| 302321 | 7794900 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
| \* | Chubb Arabia <br> Cooperative <br> Insurance Co.<br>| 132050 | $1133300 |
|  | City Cement Co. | 536165 | 2083336 |
|  | Co. for Cooperative <br> Insurance <br>| 220850 | 8028988 |
|  | Dallah Healthcare Co. | 143559 | 5895466 |
| \* | Dar Al Arkan Real <br> Estate Development <br> Co.<br>| 3272403 | 15070782 |
|  | Dr. Sulaiman Al Habib <br> Medical Services <br> Group Co.<br>| 225018 | 16348871 |
|  | East Pipes Integrated <br> Co. for Industry<br>| 73651 | 2855281 |
|  | Eastern Province <br> Cement Co.<br>| 367357 | 2535144 |
|  | Electrical Industries <br> Co.<br>| 4858252 | 14963240 |
|  | Elm Co. | 11461 | 2899383 |
| \* | Emaar Economic City | 1466076 | 4978014 |
|  | Etihad Atheeb <br> Telecommunication <br> Co.<br>| 20678 | 592893 |
|  | Etihad Etisalat Co. | 2662404 | 48033670 |
| \* | Fawaz Abdulaziz Al <br> Hokair & Co.<br>| 208273 | 1343673 |
|  | First Milling Co. | 20238 | 289756 |
| \* | Fitaihi Holding Group | 1173695 | 1016759 |
|  | Gulf Insurance Group | 217166 | 1463948 |
| \* | Gulf Union <br> Cooperative <br> Insurance Co.<br>| 251483 | 805397 |
| \* | Halwani Brothers Co. | 4130 | 42716 |
| \* | Herfy Food Services <br> Co.<br>| 158021 | 880848 |
|  | Jamjoom <br> Pharmaceuticals <br> Factory Co.<br>| 41781 | 1736008 |
|  | Jarir Marketing Co. | 2283415 | 8648148 |
| \* | Jazan Development & <br> Investment Co.<br>| 89898 | 259312 |
| \* | L'Azurde Co. for <br> Jewelry<br>| 197719 | 656864 |
|  | Leejam Sports Co. <br> JSC<br>| 163423 | 5580535 |
| \* | Liva Insurance Co. | 54151 | 191599 |
| \* | Lumi Rental Co. | 43783 | 730307 |
|  | Maharah Human <br> Resources Co.<br>| 16624 | 24523 |
| \* | Malath Cooperative <br> Insurance Co.<br>| 105807 | 350378 |

---

593

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
| \* | Mediterranean & Gulf <br> Cooperative <br> Insurance & <br> Reinsurance Co.<br>| 366770 | $1499340 |
| \* | Methanol Chemicals <br> Co.<br>| 214553 | 574359 |
|  | Middle East <br> Healthcare Co.<br>| 292858 | 3994383 |
| \* | Middle East Paper <br> Co.<br>| 291268 | 2096679 |
|  | Middle East <br> Pharmaceutical Co.<br>| 1100 | 40269 |
|  | Middle East <br> Specialized Cables <br> Co.<br>| 170077 | 1329328 |
|  | Mobile <br> Telecommunications <br> Co. Saudi Arabia<br>| 5290605 | 16191190 |
|  | Mouwasat Medical <br> Services Co.<br>| 283592 | 5812727 |
|  | Nahdi Medical Co. | 128849 | 3988770 |
| \* | Najran Cement Co. | 574502 | 1154849 |
| \* | Nama Chemicals Co. | 12213 | 84933 |
| \* | National Agriculture <br> Development Co. <br>| 1104538 | 6142054 |
|  | National Co. for Glass <br> Industries <br>| 135051 | 1469124 |
|  | National Co. for <br> Learning & <br> Education<br>| 57688 | 2664349 |
|  | National Gas & <br> Industrialization Co.<br>| 156114 | 3702650 |
| \* | National Gypsum | 111143 | 572982 |
| \* | National <br> Industrialization Co.<br>| 2528725 | 7800921 |
|  | National Medical Care <br> Co.<br>| 97572 | 4610337 |
| \* | National Metal <br> Manufacturing & <br> Casting Co.<br>| 24591 | 109024 |
|  | Nayifat Finance Co. | 280244 | 992646 |
|  | Northern Region <br> Cement Co.<br>| 647914 | 1386498 |
| \* | Perfect Presentation <br> For Commercial <br> Services Co.<br>| 395583 | 1076429 |
| \* | Power & Water Utility <br> Co. for Jubail & <br> Yanbu<br>| 112297 | 1264042 |
|  | Qassim Cement Co. | 328006 | 3686597 |
| \* | Rabigh Refining & <br> Petrochemical Co.<br>| 1418806 | 3396970 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
| \* | Red Sea International <br> Co.<br>| 7108 | $76885 |
|  | Retal Urban <br> Development Co.<br>| 1157360 | 3640257 |
|  | Riyad Bank | 3508261 | 25474608 |
|  | Riyadh Cables Group <br> Co.<br>| 114535 | 4321136 |
|  | Riyadh Cement Co. | 212180 | 1488101 |
|  | SABIC Agri-Nutrients <br> Co.<br>| 721611 | 23560589 |
|  | Sahara International <br> Petrochemical Co.<br>| 1313196 | 6618382 |
|  | SAL Saudi Logistics <br> Services<br>| 46103 | 2164959 |
| \* | Saudi Arabian Amiantit <br> Co.<br>| 142030 | 766664 |
| \* | Saudi Arabian <br> Cooperative <br> Insurance Co.<br>| 32131 | 115013 |
| \* | Saudi Arabian Mining <br> Co.<br>| 1774540 | 30507454 |
| Ω | Saudi Arabian Oil Co. | 8279408 | 57206497 |
|  | Saudi Aramco Base <br> Oil Co.<br>| 175520 | 4510407 |
|  | Saudi Automotive <br> Services Co.<br>| 283754 | 5425469 |
|  | Saudi Awwal Bank | 2391467 | 20634702 |
|  | Saudi Basic Industries <br> Corp.<br>| 1225697 | 19950177 |
|  | Saudi Cement Co. | 570178 | 5818808 |
|  | Saudi Ceramic Co. | 483377 | 3942462 |
|  | Saudi Chemical Co. <br> Holding<br>| 2763409 | 5435784 |
| \* | Saudi Co. For <br> Hardware CJSC<br>| 5479 | 48554 |
| \* | Saudi Darb <br> Investment Co.<br>| 48000 | 36482 |
|  | Saudi Electricity Co. | 1214678 | 5185433 |
|  | Saudi Ground <br> Services Co.<br>| 3631 | 42944 |
|  | Saudi Industrial <br> Investment Group<br>| 997803 | 4321090 |
|  | Saudi Investment <br> Bank <br>| 1535103 | 5626668 |
| \* | Saudi Kayan <br> Petrochemical Co.<br>| 4973977 | 7821944 |
| \* | Saudi Marketing Co. | 138051 | 610321 |
|  | Saudi National Bank  | 4959856 | 52775633 |
|  | Saudi Paper <br> Manufacturing Co.<br>| 124577 | 1784059 |
| \* | Saudi Pharmaceutical <br> Industries & Medical <br> Appliances Corp.<br>| 317520 | 2564724 |

---

594

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
| \* | Saudi Printing & <br> Packaging Co.<br>| 135828 | $387116 |
| \* | Saudi Public Transport <br> Co.<br>| 623113 | 2107020 |
| \* | Saudi Real Estate <br> Co.<br>| 873373 | 3363636 |
| \* | Saudi Reinsurance <br> Co.<br>| 604862 | 5011751 |
| \* | Saudi Research & <br> Media Group<br>| 183788 | 8425514 |
|  | Saudi Steel Pipe Co. | 125882 | 1747144 |
|  | Saudi Tadawul Group <br> Holding Co.<br>| 56474 | 2998880 |
|  | Saudi Telecom Co. | 6118051 | 73701875 |
|  | Saudia Dairy & <br> Foodstuff Co.<br>| 88666 | 6795083 |
| \* | Savola Group  | 766808 | 5032104 |
|  | Scientific & Medical <br> Equipment House <br> Co.<br>| 80545 | 844963 |
| \* | Seera Group Holding | 1283978 | 10625380 |
| \* | Shams | 154842 | 664688 |
| \* | SHL Finance Co. | 98347 | 570571 |
| \* | Sinad Holding Co. | 546281 | 1525208 |
|  | Southern Province <br> Cement Co.<br>| 372290 | 2483033 |
|  | Sustained <br> Infrastructure <br> Holding Co.<br>| 403393 | 3931370 |
|  | Tabuk Cement Co. | 291642 | 793902 |
| \* | Takween Advanced <br> Industries Co.<br>| 186431 | 359161 |
|  | Tanmiah Food Co. | 48166 | 1009576 |
|  | Theeb Rent A Car <br> Co.<br>| 119039 | 2080788 |
| \* | Umm Al-Qura Cement <br> Co.<br>| 306351 | 1125566 |
|  | United Electronics <br> Co.<br>| 258641 | 6117508 |
|  | United International <br> Transportation Co.<br>| 329116 | 6495203 |
|  | United Wire Factories <br> Co.<br>| 84785 | 564329 |
| \* | Wafrah for Industry & <br> Development<br>| 22728 | 161645 |
| \* | Walaa Cooperative <br> Insurance Co.<br>| 481006 | 1499437 |
| \* | Wataniya Insurance <br> Co.<br>| 139303 | 544771 |
|  | Yamama Cement Co. | 795912 | 5830554 |
|  | Yanbu Cement Co. | 511951 | 2210444 |
|  | Yanbu National <br> Petrochemical Co.<br>| 346505 | 3186121 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Zahrat Al Waha For <br> Trading Co.<br>| 23205 | $160275 |
| TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA |  | 1025941713 |
| SOUTH AFRICA — (3.2%) | SOUTH AFRICA — (3.2%) | SOUTH AFRICA — (3.2%) | SOUTH AFRICA — (3.2%) |
|  | Absa Group Ltd. | 2977304 | 33268045 |
|  | Adcock Ingram <br> Holdings Ltd.<br>| 446218 | 1926761 |
|  | Advtech Ltd. | 4509029 | 9193268 |
|  | AECI Ltd. | 849910 | 4382563 |
|  | African Rainbow <br> Minerals Ltd.<br>| 846517 | 8406765 |
|  | Afrimat Ltd. | 554364 | 1453760 |
|  | Alexander Forbes <br> Group Holdings <br> Ltd.<br>| 1456217 | 690013 |
|  | Altron Ltd., Class A | 416751 | 441961 |
|  | Anglogold Ashanti <br> PLC (AU US)<br>| 501755 | 34119340 |
|  | Aspen Pharmacare <br> Holdings Ltd.<br>| 945638 | 5356151 |
|  | Astral Foods Ltd. | 335750 | 4333428 |
|  | AVI Ltd. | 2512648 | 13972372 |
|  | Barloworld Ltd. | 1774450 | 12232354 |
|  | Bid Corp. Ltd. | 630249 | 15601298 |
|  | Bidvest Group Ltd. | 1163622 | 15136791 |
| #\* | Blu Label Unlimited <br> Group Ltd.<br>| 3665341 | 2615852 |
| #\* | Brait PLC | 13681446 | 1685235 |
|  | Capitec Bank <br> Holdings Ltd.<br>| 109530 | 24233232 |
|  | Cashbuild Ltd. | 138478 | 1101779 |
|  | Caxton & CTP <br> Publishers & <br> Printers Ltd.<br>| 47312 | 36190 |
|  | City Lodge Hotels <br> Ltd.<br>| 1661297 | 392837 |
|  | Clicks Group Ltd. | 972762 | 20510671 |
|  | Coronation Fund <br> Managers Ltd.<br>| 1444004 | 4099211 |
|  | Curro Holdings Ltd. | 744739 | 568281 |
|  | DataTec Ltd. | 3868374 | 16044043 |
| #Ω | Dis-Chem Pharmacies <br> Ltd.<br>| 2466803 | 4825243 |
|  | Discovery Ltd. | 1323431 | 16627286 |
|  | DRDGOLD Ltd. (DRD <br> SJ)<br>| 1480774 | 3739759 |
|  | DRDGOLD Ltd. (DRD <br> US), Sponsored <br> ADR<br>| 60337 | 1522303 |
|  | Exxaro Resources <br> Ltd.<br>| 1197850 | 12199539 |
|  | Famous Brands Ltd. | 462837 | 1448192 |

---

595

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |
|  | FirstRand Ltd. | 9649057 | $45793419 |
|  | Foschini Group Ltd. | 2926995 | 15537216 |
| # | Gold Fields Ltd. (GFI <br> US), Sponsored <br> ADR<br>| 2379668 | 91403048 |
|  | Grindrod Ltd. | 4624584 | 4519487 |
|  | Harmony Gold Mining <br> Co. Ltd. (HAR SJ)<br>| 523877 | 8716563 |
|  | Harmony Gold Mining <br> Co. Ltd. (HMY US), <br> Sponsored ADR<br>| 3420798 | 56477375 |
|  | Hudaco Industries <br> Ltd.<br>| 251026 | 2568627 |
|  | Impala Platinum <br> Holdings Ltd.<br>| 2588237 | 27738103 |
|  | Investec Ltd. | 1112953 | 8378911 |
| \* | iOCO Ltd. | 330362 | 80005 |
|  | Italtile Ltd. | 1042431 | 554342 |
|  | JSE Ltd. | 517839 | 4207866 |
| \* | KAP Ltd. | 16081858 | 1526519 |
|  | Kumba Iron Ore Ltd. | 226198 | 4504966 |
|  | Lewis Group Ltd. | 999977 | 4822082 |
|  | Life Healthcare Group <br> Holdings Ltd.<br>| 8309700 | 5688365 |
|  | Merafe Resources <br> Ltd.<br>| 8453066 | 536276 |
| \* | Metair Investments <br> Ltd.<br>| 1692660 | 645880 |
|  | Momentum Group <br> Ltd.<br>| 12938196 | 24909787 |
|  | Motus Holdings Ltd. | 1550752 | 9344296 |
|  | Mpact Ltd. | 1397429 | 1886346 |
|  | Mr. Price Group Ltd. | 1644895 | 19652930 |
|  | MTN Group Ltd. | 6514257 | 65080759 |
| \* | Nampak Ltd. | 2626 | 72871 |
|  | Naspers Ltd., Class N | 377500 | 26514094 |
|  | Nedbank Group Ltd. | 1620139 | 22087003 |
|  | NEPI Rockcastle NV | 1494023 | 12116136 |
|  | Netcare Ltd. | 9808852 | 8272150 |
|  | Ninety One Ltd. | 1469152 | 4371383 |
|  | Northam Platinum <br> Holdings Ltd.<br>| 1351093 | 22564156 |
| #\* | Nutun Ltd. | 2943568 | 163124 |
|  | Oceana Group Ltd. | 669953 | 1891148 |
|  | Old Mutual Ltd. (OMU <br> SJ)<br>| 23293161 | 18214180 |
|  | Omnia Holdings Ltd. | 1429073 | 6283455 |
|  | OUTsurance Group <br> Ltd.<br>| 1586311 | 6675658 |
| Ω | Pepkor Holdings Ltd. | 9606160 | 14646698 |
| #\* | Pick n Pay Stores <br> Ltd.<br>| 3671640 | 5993589 |
|  | PPC Ltd. | 9351724 | 2966565 |
|  | Premier Group Ltd. | 9961 | 92827 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |
|  | PSG Financial <br> Services Ltd.<br>| 2516997 | $3577480 |
|  | Rainbow Chicken | 234589 | 59180 |
|  | Raubex Group Ltd. | 1734622 | 4145758 |
|  | RCL Foods Ltd. | 234589 | 132001 |
|  | Reunert Ltd. | 1326742 | 4276067 |
|  | RFG Holdings Ltd. | 538736 | 669550 |
|  | Sanlam Ltd. | 2809119 | 14741106 |
|  | Santam Ltd. | 282456 | 6737641 |
| # | Sappi Ltd. | 4913332 | 6437703 |
| \* | Sasol Ltd. (SOL SJ) | 1226575 | 7674160 |
| #\* | Sasol Ltd. (SSL US), <br> Sponsored ADR<br>| 508321 | 3217672 |
|  | Shoprite Holdings <br> Ltd.<br>| 1309526 | 21903989 |
| #\* | Sibanye Stillwater Ltd. <br> (SBSW US), ADR<br>| 851118 | 8987809 |
| #\* | Sibanye Stillwater Ltd. <br> (SSW SJ)<br>| 11184838 | 29681200 |
|  | Southern Sun Ltd. | 1700637 | 902929 |
| \* | SPAR Group Ltd.  | 1111225 | 6989036 |
|  | Spur Corp. Ltd. | 559689 | 1164840 |
|  | Stadio Holdings Ltd. | 205049 | 131430 |
|  | Standard Bank Group <br> Ltd.<br>| 3058216 | 44970567 |
|  | Sun International Ltd. | 1325758 | 2966834 |
|  | Super Group Ltd. | 2843411 | 2633533 |
|  | Telkom SA SOC Ltd. | 2692218 | 7530531 |
| # | Thungela Resources <br> Ltd. (TGA SJ)<br>| 728436 | 3218790 |
| # | Tiger Brands Ltd. | 745036 | 14098514 |
|  | Truworths <br> International Ltd.<br>| 2405542 | 7204000 |
|  | Tsogo Sun Ltd. | 2962927 | 1209552 |
|  | Valterra Platinum Ltd. | 208022 | 12865995 |
|  | Vodacom Group Ltd. | 1561780 | 12643004 |
|  | We Buy Cars <br> Holdings Ltd.<br>| 696881 | 1848029 |
|  | Wilson Bayly <br> Holmes-Ovcon Ltd.<br>| 417572 | 3645954 |
|  | Woolworths Holdings <br> Ltd.<br>| 3595717 | 10856767 |
|  | Zeda Ltd. | 1945332 | 1379162 |
| TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA |  | 1078163511 |
| SOUTH KOREA — (11.9%) | SOUTH KOREA — (11.9%) | SOUTH KOREA — (11.9%) | SOUTH KOREA — (11.9%) |
| \* | 3S Korea Co. Ltd. | 87684 | 108748 |
| \* | ABco Electronics Co. <br> Ltd.<br>| 30323 | 175818 |
| \* | ABLBio, Inc. | 10208 | 712895 |
| # | Able C&C Co. Ltd. | 14696 | 100357 |
| # | ABOV Semiconductor <br> Co. Ltd.<br>| 18673 | 164095 |
| \* | Abpro Bio Co. Ltd. | 780310 | 100653 |

---

596

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| #\* | ADTechnology Co. <br> Ltd.<br>| 26899 | $495119 |
| # | Advanced Nano <br> Products Co. Ltd.<br>| 12078 | 556743 |
|  | Advanced Process <br> Systems Corp.<br>| 73861 | 1028157 |
| # | Aekyung Chemical <br> Co. Ltd.<br>| 108169 | 828803 |
| # | Aekyung Industrial Co. <br> Ltd.<br>| 55179 | 541830 |
| #\* | Agabang & Co. | 125984 | 403007 |
| # | Ahnlab, Inc. | 27254 | 1160960 |
| \* | Air Busan Co. Ltd. | 261661 | 335952 |
| # | AJ Networks Co. Ltd. | 25674 | 77420 |
| # | Ajin Industrial Co. <br> Ltd.<br>| 283426 | 653723 |
| # | AK Holdings, Inc. | 25570 | 175701 |
| #\* | Alteogen, Inc. | 28201 | 9643187 |
| #\* | ALUKO Co. Ltd. | 401243 | 577611 |
| #\* | Amicogen, Inc. | 89576 | 190871 |
| \* | Aminologics Co. Ltd. | 122330 | 78754 |
| #\* | Amo Greentech Co. <br> Ltd.<br>| 45108 | 212141 |
| # | Amorepacific Corp. | 36260 | 3071133 |
| # | Amorepacific Holdings <br> Corp.<br>| 103128 | 1835445 |
| #\* | Anam Electronics Co. <br> Ltd.<br>| 193487 | 170367 |
| #\* | Ananti, Inc. | 386500 | 2085246 |
| #\* | Anapass, Inc. | 25811 | 319192 |
| #\* | Anterogen Co. Ltd. | 20305 | 321118 |
|  | Aplus Asset Advisor <br> Co. Ltd.<br>| 32075 | 140134 |
| \* | Aprogen, Inc. | 378206 | 153764 |
| #\* | APS, Inc. | 68815 | 195948 |
| \* | APTN, Inc. | 45529 | 20760 |
|  | Asia Cement Co. Ltd. | 136795 | 1170544 |
|  | ASIA Holdings Co. <br> Ltd.<br>| 6687 | 1670392 |
| #\* | Asia Pacific Satellite, <br> Inc.<br>| 20034 | 174749 |
| # | Asia Paper <br> Manufacturing Co. <br> Ltd.<br>| 209894 | 1086215 |
| \* | Asiana Airlines, Inc. | 65155 | 402694 |
| # | Atec Co. Ltd. | 28831 | 225224 |
|  | Atinum Investment <br> Co. Ltd.<br>| 241130 | 429449 |
| # | ATON, Inc. | 32411 | 152013 |
| # | Avaco Co. Ltd. | 37932 | 416452 |
| # | Avatec Co. Ltd. | 20074 | 128990 |
| # | Baiksan Co. Ltd. | 100615 | 951229 |
| # | BGF Co. Ltd. | 229686 | 612881 |
| # | BGF retail Co. Ltd. | 33806 | 2456341 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | BGFecomaterials Co. <br> Ltd.<br>| 76331 | $153119 |
| # | BH Co. Ltd. | 203920 | 2619809 |
| #\* | BHI Co. Ltd. | 83532 | 2958537 |
| # | Binggrae Co. Ltd. | 44671 | 2263671 |
| \* | Bio Fund&C Co. Ltd. | 4598 | 52997 |
| # | Bio Plus Co. Ltd. | 190704 | 834796 |
| #\* | Biodyne Co. Ltd. | 76846 | 745744 |
| \* | Bioneer Corp. | 39607 | 430299 |
| # | BioNote, Inc. | 58780 | 227054 |
| \* | BioSmart Co. Ltd. | 36164 | 69790 |
|  | BIT Computer Co. <br> Ltd.<br>| 32598 | 108554 |
| #\* | BNC Korea Co. Ltd. | 164109 | 583209 |
| # | BNK Financial Group, <br> Inc.<br>| 981017 | 9496976 |
| # | Boditech Med, Inc. | 77247 | 735039 |
| \* | Bohae Brewery Co. <br> Ltd.<br>| 405514 | 123463 |
| # | Bookook Securities <br> Co. Ltd.<br>| 9766 | 463849 |
| # | Boryung | 199262 | 1233867 |
| #\* | Bosung Power <br> Technology Co. <br> Ltd.<br>| 113423 | 423848 |
| \*†† | Bucket Studio Co. <br> Ltd.<br>| 176492 | 26757 |
| #\* | Bukwang <br> Pharmaceutical Co. <br> Ltd.<br>| 147095 | 380903 |
| #\* | Bumhan Fuel Cell Co. <br> Ltd.<br>| 5061 | 124104 |
|  | BYC Co. Ltd. | 7010 | 184595 |
| # | Byucksan Corp. | 312874 | 382953 |
| # | C&C International Co. <br> Ltd.<br>| 17848 | 469710 |
| # | C&G Hi Tech Co. Ltd. | 24695 | 275301 |
| #\* | Cafe24 Corp. | 81934 | 2056068 |
| \* | CammSys Corp. | 232126 | 113848 |
| # | Cape Industries Ltd. | 123700 | 1221805 |
| # | Caregen Co. Ltd. | 82707 | 3760163 |
| #\* | Celltrion Pharm, Inc. | 35592 | 1590293 |
| # | Celltrion, Inc. | 143063 | 17609002 |
| #\* | Chabiotech Co. Ltd. | 58683 | 505891 |
|  | Changhae Ethanol <br> Co. Ltd.<br>| 22808 | 154928 |
|  | Cheil Electric Co. Ltd. | 8055 | 62707 |
|  | Cheil Worldwide, Inc. | 359176 | 5125691 |
| # | Chemtronics Co. Ltd. | 80307 | 1960487 |
| #\* | Chemtros Co. Ltd. | 49361 | 141023 |
| # | Cheryong Electric Co. <br> Ltd.<br>| 60381 | 1640650 |
| \* | ChinHung <br> International, Inc.<br>| 66150 | 32096 |

---

597

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Chinyang Holdings <br> Corp.<br>| 117186 | $266795 |
| # | Chips&Media, Inc. | 41918 | 477835 |
| #\* | Choil Aluminum Co. <br> Ltd.<br>| 370362 | 346854 |
| # | Chong Kun Dang <br> Pharmaceutical <br> Corp.<br>| 41657 | 2418190 |
|  | Chongkundang <br> Holdings Corp.<br>| 18475 | 585913 |
|  | Choong Ang Vaccine <br> Laboratory<br>| 20312 | 139213 |
| #\* | Chorokbaem Media <br> Co. Ltd.<br>| 85628 | 325143 |
| #\* | Chunbo Co. Ltd. | 11656 | 588384 |
| \* | CJ Bioscience, Inc. | 11288 | 72558 |
| #\* | CJ CGV Co. Ltd. | 504725 | 1767929 |
| # | CJ CheilJedang Corp. | 50127 | 8061509 |
| # | CJ Corp. | 77620 | 9285573 |
| \* | CJ ENM Co. Ltd. | 96156 | 4727768 |
| # | CJ Freshway Corp. | 58587 | 1027031 |
| # | CJ Logistics Corp. | 58313 | 3366934 |
| #\* | CJ Seafood Corp. | 77976 | 147105 |
| # | Classys, Inc. | 64487 | 2226319 |
| # | CLIO Cosmetics Co. <br> Ltd.<br>| 25048 | 250918 |
| #\* | CMG Pharmaceutical <br> Co. Ltd.<br>| 291151 | 368413 |
| \* | CoAsia Corp. | 29968 | 147021 |
| #\* | Com2uS Holdings <br> Corp.<br>| 27423 | 386369 |
| # | Com2uSCorp | 53640 | 1281597 |
| \* | ContentreeJoongAng <br> Corp.<br>| 22780 | 159514 |
| # | Coocon Corp. | 11877 | 292643 |
| #\* | Coreana Cosmetics <br> Co. Ltd.<br>| 51965 | 94449 |
| \* | Corentec Co. Ltd. | 9509 | 33505 |
| # | Cosmax, Inc. | 51466 | 7369892 |
| # | Cosmecca Korea Co. <br> Ltd.<br>| 36441 | 1687917 |
| #\* | CosmoAM&T Co. Ltd. | 22842 | 886756 |
| #\* | Cosmochemical Co. <br> Ltd.<br>| 60851 | 822146 |
|  | Coway Co. Ltd. | 63543 | 3973330 |
| # | Cowintech Co. Ltd. | 43559 | 524001 |
|  | CR Holdings Co. Ltd. | 100156 | 338379 |
| #\* | Creative & Innovative <br> System<br>| 278343 | 1475253 |
| # | Creverse, Inc. | 31119 | 280017 |
| #\* | CrystalGenomics <br> Invites Co. Ltd.<br>| 122602 | 128814 |
| # | CS Wind Corp. | 85320 | 2605559 |
| #\* | CTC BIO, Inc. | 33326 | 120306 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| #\* | Cube Entertainment, <br> Inc.<br>| 24558 | $251257 |
| # | Cuckoo Holdings Co. <br> Ltd.<br>| 56781 | 1144151 |
| # | Cuckoo Homesys Co. <br> Ltd.<br>| 63202 | 1019569 |
|  | Cymechs, Inc. | 25875 | 349550 |
| \* | D&C Media Co. Ltd. | 2025 | 20069 |
| # | D.I Corp. | 104038 | 1774782 |
| \*†† | DA Technology Co. <br> Ltd.<br>| 544765 | 14530 |
| # | Dae Hwa <br> Pharmaceutical Co. <br> Ltd.<br>| 33963 | 390402 |
|  | Dae Hyun Co. Ltd. | 41603 | 49977 |
| # | Dae Won Kang Up <br> Co. Ltd.<br>| 263419 | 775756 |
| #\* | Daea TI Co. Ltd. | 144672 | 410682 |
| #\* | Daebo Magnetic Co. <br> Ltd.<br>| 7865 | 93020 |
| # | Daebongls Co. Ltd. | 33376 | 284895 |
| #\* | Daechang Co. Ltd. | 277674 | 255441 |
| # | Daechang Forging Co. <br> Ltd.<br>| 61541 | 288250 |
| # | Daedong Corp. | 138130 | 943186 |
| # | Daeduck Co. Ltd. | 156659 | 1001654 |
| # | Daeduck Electronics <br> Co. Ltd.<br>| 177789 | 4711102 |
|  | Daehan Flour Mill Co. <br> Ltd.<br>| 6952 | 675626 |
| # | Daehan New Pharm <br> Co. Ltd.<br>| 30545 | 140558 |
| # | Daehan Steel Co. <br> Ltd.<br>| 88641 | 917032 |
| \* | Daeho AL Co. Ltd. | 29997 | 39348 |
| #\* | Dae-Il Corp. | 175524 | 607140 |
| # | Daejoo Electronic <br> Materials Co. Ltd.<br>| 31703 | 1676591 |
| \* | DaeMyoung Energy <br> Co. Ltd.<br>| 3607 | 53056 |
|  | Daeryuk Can Co. Ltd. | 73845 | 187328 |
| # | Daesang Corp. | 176173 | 2573918 |
| # | Daesang Holdings Co. <br> Ltd.<br>| 126994 | 822994 |
| # | Daesung Energy Co. <br> Ltd.<br>| 48721 | 279996 |
| #\* | Daesung Industrial <br> Co. Ltd.<br>| 31289 | 87902 |
| \* | Daesung Private <br> Equity, Inc.<br>| 23583 | 26323 |
| #\* | Daewon Cable Co. <br> Ltd.<br>| 258520 | 659738 |
| #\* | Daewon Media Co. <br> Ltd.<br>| 40281 | 230858 |

---

598

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Daewon <br> Pharmaceutical Co. <br> Ltd.<br>| 99245 | $906121 |
| # | Daewon San Up Co. <br> Ltd.<br>| 82221 | 652694 |
| #\* | Daewoo Engineering <br> & Construction Co. <br> Ltd.<br>| 1315612 | 3450864 |
| # | Daewoong Co. Ltd. | 127245 | 1930740 |
| # | Daewoong <br> Pharmaceutical Co. <br> Ltd.<br>| 24471 | 2395319 |
|  | Daeyang Electric Co. <br> Ltd.<br>| 1384 | 29122 |
| \*†† | Dahaam E-Tec Co. <br> Ltd.<br>| 1420 | 0 |
|  | Daihan <br> Pharmaceutical Co. <br> Ltd.<br>| 34570 | 704564 |
| # | Daishin Securities Co. <br> Ltd.<br>| 250641 | 5108803 |
| #\* | Danal Co. Ltd. | 328986 | 1856604 |
| # | Daol Investment & <br> Securities Co. Ltd.<br>| 309984 | 786566 |
| # | Daou Data Corp. | 126156 | 1552858 |
|  | Daou Technology, <br> Inc.<br>| 226287 | 6182299 |
| \* | Dasan Networks, Inc. | 181538 | 416057 |
| #\* | Dawonsys Co. Ltd. | 95648 | 253786 |
| # | DB HiTek Co. Ltd. | 228736 | 9396630 |
|  | DB Insurance Co. <br> Ltd.<br>| 281818 | 25049029 |
| # | DB Securities Co. <br> Ltd.<br>| 254025 | 1800725 |
| #\* | DB, Inc. | 776991 | 792932 |
| # | DCM Corp. | 26523 | 218019 |
| #\* | DE&T Co. Ltd. | 29895 | 132051 |
| # | Dear U Co. Ltd. | 22760 | 610339 |
| \* | Dentis Co. Ltd. | 13365 | 43977 |
| # | Dentium Co. Ltd. | 37945 | 1514936 |
| # | Deutsch Motors, Inc. | 135672 | 424898 |
|  | Device Co. Ltd. | 31223 | 261100 |
| \* | Devsisters Co. Ltd. | 7752 | 229881 |
| #\* | Dexter Studios Co. <br> Ltd.<br>| 29773 | 97845 |
| # | DI Dong Il Corp. | 92396 | 1171239 |
| # | Digital Daesung Co. <br> Ltd.<br>| 108716 | 524392 |
| #\* | DIO Corp. | 26651 | 314007 |
| # | DIT Corp. | 22629 | 241469 |
| #\* | DK Tech Co. Ltd. | 37926 | 201969 |
| \*†† | DKME | 1448610 | 381280 |
|  | DL E&C Co. Ltd. | 211175 | 6317148 |
| # | DL Holdings Co. Ltd. | 83841 | 2286590 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | DMOA Co. Ltd. | 11612 | $48675 |
| †† | DMS Co. Ltd. | 131021 | 218315 |
| # | DN Automotive Corp. | 152493 | 2487413 |
|  | DNF Co. Ltd. | 16522 | 173904 |
| # | Dohwa Engineering <br> Co. Ltd.<br>| 77957 | 333453 |
|  | Dong-A Hwasung Co. <br> Ltd.<br>| 10278 | 45705 |
| # | Dong-A Socio <br> Holdings Co. Ltd.<br>| 25074 | 1908653 |
| # | Dong-A ST Co. Ltd. | 23940 | 820780 |
|  | Dong-Ah Geological <br> Engineering Co. <br> Ltd.<br>| 6021 | 60808 |
| # | Dongbang Transport <br> Logistics Co. Ltd.<br>| 355467 | 692715 |
|  | Dongil Industries Co. <br> Ltd.<br>| 9770 | 268978 |
|  | Dongjin Semichem <br> Co. Ltd.<br>| 174976 | 5228809 |
| # | Dongkoo Bio & <br> Pharma Co. Ltd.<br>| 86819 | 326955 |
| # | DongKook <br> Pharmaceutical Co. <br> Ltd.<br>| 154988 | 1921193 |
|  | Dongkuk CM Co. Ltd. | 97921 | 359926 |
| # | Dongkuk Holdings Co. <br> Ltd.<br>| 98652 | 505616 |
|  | Dongkuk Industries <br> Co. Ltd.<br>| 235708 | 493596 |
| # | Dongkuk Steel Mill <br> Co. Ltd.<br>| 197204 | 1176348 |
| #\* | Dongkuk Structures & <br> Construction Co. <br> Ltd.<br>| 119809 | 177224 |
| # | Dongsuh Cos., Inc. | 54216 | 1026154 |
|  | Dongsung Chemical <br> Co. Ltd.<br>| 264139 | 741282 |
| # | Dongsung Finetec Co. <br> Ltd.<br>| 95213 | 2121785 |
| #\* | Dongwha Enterprise <br> Co. Ltd.<br>| 56722 | 394414 |
|  | Dongwha Pharm Co. <br> Ltd.<br>| 134901 | 592323 |
| # | Dongwon <br> Development Co. <br> Ltd.<br>| 278539 | 506088 |
|  | Dongwon Industries <br> Co. Ltd.<br>| 49778 | 1690151 |
| # | Dongwon Metal Co. <br> Ltd.<br>| 193755 | 188488 |
| # | Dongwon Systems <br> Corp.<br>| 28178 | 552817 |

---

599

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Dongwoon Anatech <br> Co. Ltd.<br>| 93673 | $1102793 |
| # | Dongyang E&P, Inc. | 47505 | 713125 |
| # | Doosan Bobcat, Inc. | 310166 | 13093078 |
|  | Doosan Co. Ltd. | 18153 | 11994857 |
| \* | Doosan Enerbility Co. <br> Ltd.<br>| 220760 | 13663063 |
| #\* | Doosan Fuel Cell Co. <br> Ltd.<br>| 84174 | 2513664 |
| # | Doosan Tesna, Inc. | 62085 | 2176351 |
| # | DoubleUGames Co. <br> Ltd.<br>| 98692 | 3472578 |
| # | Douzone Bizon Co. <br> Ltd.<br>| 77556 | 4844559 |
| #\* | Dream Security Co. <br> Ltd.<br>| 205854 | 481055 |
| # | Dreamtech Co. Ltd. | 207828 | 931141 |
| \* | DRTECH Corp. | 86895 | 120697 |
| #\* | DS Dansuk Co. Ltd. | 9381 | 132754 |
| # | DSC Investment, Inc. | 19121 | 98762 |
| \* | DSK Co. Ltd. | 54490 | 299208 |
| \* | Duchembio Co. Ltd. | 2940 | 18878 |
| #\* | Duk San Neolux Co. <br> Ltd.<br>| 48214 | 1420694 |
| #\* | Duksan Hi-Metal Co. <br> Ltd.<br>| 75610 | 350069 |
| #\* | Duksan Techopia Co. <br> Ltd.<br>| 14836 | 215903 |
|  | Dukshinepc Co. Ltd. | 37803 | 34758 |
| # | Duksung Co. Ltd. | 44523 | 160237 |
|  | DY Corp. | 100870 | 299196 |
|  | DY Deokyang Co. <br> Ltd.<br>| 59341 | 97363 |
| # | DY POWER Corp. | 54906 | 492711 |
| \* | DYPNF Co. Ltd. | 1282 | 12543 |
| # | E1 Corp. | 4892 | 256580 |
| # | Easy Bio, Inc. | 77288 | 318471 |
| # | Easy Holdings Co. <br> Ltd.<br>| 260737 | 690807 |
| # | Echo Marketing, Inc. | 83899 | 681140 |
| # | Ecoplastic Corp. | 196139 | 444249 |
| #\* | Ecopro BM Co. Ltd. | 58353 | 6529245 |
| # | Ecopro Co. Ltd. | 76313 | 4699495 |
| # | Ecopro HN Co. Ltd. | 12299 | 238912 |
| # | e-Credible Co. Ltd. | 16746 | 194235 |
| # | Elentec Co. Ltd. | 104600 | 666769 |
| # | E-MART, Inc. | 68022 | 3445559 |
| #\* | EMKOREA Co. Ltd. | 119651 | 183835 |
| #\* | EMRO, Inc. | 21330 | 665065 |
| #\* | EM-Tech Co. Ltd. | 61742 | 403606 |
| #\* | Enchem Co. Ltd. | 8658 | 519960 |
| # | ENF Technology Co. <br> Ltd.<br>| 86961 | 3015472 |
| \* | Envioneer Co. Ltd. | 3584 | 36206 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| #\* | Enzychem <br> Lifesciences Corp.<br>| 439461 | $313502 |
| # | Eo Technics Co. Ltd. | 12201 | 2006668 |
| #\* | Eubiologics Co. Ltd. | 135663 | 1174487 |
| # | Eugene Corp. | 323955 | 760091 |
|  | Eugene Investment & <br> Securities Co. Ltd.<br>| 501163 | 1309102 |
| # | Eugene Technology <br> Co. Ltd.<br>| 39552 | 2622310 |
| # | Eusu Holdings Co. <br> Ltd.<br>| 87518 | 346175 |
| #\* | EV Advanced Material <br> Co. Ltd.<br>| 235173 | 288194 |
| #\* | Everybot, Inc. | 8856 | 129397 |
| \* | E-World | 207599 | 205275 |
| #\* | Exem Co. Ltd. | 146942 | 222984 |
| # | Exicon Co. Ltd. | 30873 | 345732 |
| # | F&F Co. Ltd. | 76663 | 3295890 |
| # | F&F Holdings Co. <br> Ltd.<br>| 18853 | 233087 |
| # | FarmStory Co. Ltd. | 416589 | 350123 |
| #\* | Fine M-Tec Co. Ltd. | 84695 | 517036 |
| #\* | Fine Semitech Corp. | 41746 | 1069365 |
| #\* | Firstec Co. Ltd. | 71326 | 231441 |
| \*†† | Flask Co. Ltd. | 36325 | 22640 |
| #\* | Foosung Co. Ltd. | 190432 | 1185694 |
| # | Fursys, Inc. | 12961 | 413742 |
| #\* | G2Power Co. Ltd. | 21606 | 130925 |
| # | Gabia, Inc. | 59622 | 1132395 |
| #\* | GAEASOFT | 81836 | 401794 |
| # | Galaxia Moneytree <br> Co. Ltd.<br>| 55411 | 367639 |
| #\* | GAMSUNG Corp. Co. <br> Ltd.<br>| 373630 | 1328334 |
| #\* | Gaon Cable Co. Ltd. | 24046 | 1410034 |
| #\* | Gaonchips Co. Ltd. | 11842 | 439475 |
| #\* | GC Cell Corp. | 48570 | 781233 |
| #\* | GeneOne Life <br> Science, Inc.<br>| 251123 | 370370 |
| \* | Genexine, Inc. | 145481 | 528684 |
| \* | Genic Co. Ltd. | 3724 | 56070 |
| \* | Genohco, Inc. | 6154 | 74428 |
|  | Genoray Co. Ltd. | 26427 | 88375 |
|  | Geumhwa PSC Co. <br> Ltd.<br>| 18966 | 422949 |
| \* | Giantstep, Inc. | 12836 | 45569 |
| # | Global Standard <br> Technology Co. <br> Ltd.<br>| 137330 | 2473222 |
| #\* | Global Tax Free Co. <br> Ltd.<br>| 179595 | 709527 |
| \* | GnBS eco Co. Ltd. | 59807 | 121533 |
| # | GnCenergy Co. Ltd. | 42135 | 1196853 |
| # | GOLFZON Co. Ltd. | 36421 | 1516453 |

---

600

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Golfzon Holdings Co. <br> Ltd.<br>| 131602 | $489309 |
|  | Gradiant Corp. | 60419 | 540538 |
| # | Grand Korea Leisure <br> Co. Ltd.<br>| 164912 | 1791373 |
| # | Green Cross Corp. | 25112 | 2282033 |
| # | Green Cross Holdings <br> Corp.<br>| 126248 | 1395152 |
| \*†† | Green Pine Tree Co. <br> Ltd.<br>| 5152 | 4068 |
| # | GS Engineering & <br> Construction Corp.<br>| 425191 | 5568603 |
| # | GS Global Corp. | 330057 | 568080 |
| # | GS Holdings Corp. <br> (078930 KS)<br>| 266499 | 8957434 |
| #\* | GS P&L Co. Ltd. | 48714 | 1309351 |
| # | GS Retail Co. Ltd. | 223974 | 2783708 |
| # | Gwangju Shinsegae <br> Co. Ltd.<br>| 19288 | 408018 |
| # | HAESUNG DS Co. <br> Ltd.<br>| 80140 | 2888808 |
|  | Haesung Industrial <br> Co. Ltd.<br>| 91361 | 470929 |
| # | Haitai Confectionery & <br> Foods Co. Ltd.<br>| 17577 | 77863 |
| # | Han Kuk Carbon Co. <br> Ltd.<br>| 166710 | 4280476 |
|  | Hana Financial Group, <br> Inc.<br>| 1067174 | 63932844 |
| # | Hana Materials, Inc. | 42975 | 1234362 |
| # | Hana Micron, Inc. | 305097 | 6255350 |
|  | Hana Pharm Co. Ltd. | 32984 | 266386 |
| \* | Hana Technology Co. <br> Ltd.<br>| 7500 | 158646 |
| # | Hana Tour Service, <br> Inc.<br>| 64500 | 2155458 |
| #\* | Hanall Biopharma Co. <br> Ltd.<br>| 11545 | 334774 |
| \* | Hancom WITH, Inc. | 11952 | 33072 |
| # | Hancom, Inc. | 96877 | 1683322 |
|  | Handsome Co. Ltd. | 66938 | 688911 |
| # | Hanil Cement Co. <br> Ltd.<br>| 167873 | 2078840 |
| # | Hanil Feed Co. Ltd. | 144738 | 325682 |
|  | Hanil Holdings Co. <br> Ltd.<br>| 90780 | 1030876 |
|  | Hanil Hyundai Cement <br> Co. Ltd.<br>| 12305 | 155545 |
|  | Hanjin Heavy <br> Industries & <br> Construction <br> Holdings Co. Ltd.<br>| 21557 | 74314 |
| # | Hanjin Kal Corp. | 16168 | 1186647 |
| # | Hanjin Logistics Corp. | 54934 | 770615 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | HanJung Natural <br> Connectivity System <br> Co. Ltd.<br>| 1104 | $35576 |
| #\* | Hankook Cosmetics <br> Co. Ltd.<br>| 16871 | 144145 |
| # | Hankook Cosmetics <br> Manufacturing Co. <br> Ltd.<br>| 4785 | 180893 |
|  | Hankook Shell Oil Co. <br> Ltd.<br>| 3654 | 1129757 |
| # | Hankook Tire & <br> Technology Co. <br> Ltd.<br>| 400532 | 13004274 |
| # | Hanmi Pharm Co. <br> Ltd.<br>| 22090 | 6573900 |
| # | Hanmi Science Co. <br> Ltd.<br>| 35933 | 991644 |
| # | Hanmi Semiconductor <br> Co. Ltd.<br>| 118990 | 11899296 |
| # | HanmiGlobal Co. Ltd. | 57057 | 814697 |
| # | Hannong Chemicals, <br> Inc.<br>| 26690 | 294745 |
| #\* | Hanon Systems | 837105 | 2557569 |
| \* | Hans Biomed Corp. | 3281 | 61826 |
| # | Hansae Co. Ltd. | 92450 | 684780 |
|  | Hansae Yes24 <br> Holdings Co. Ltd.<br>| 38483 | 113052 |
|  | Hanshin Construction <br> Co. Ltd.<br>| 6995 | 37137 |
| # | Hanshin Machinery <br> Co.<br>| 74173 | 178533 |
| # | Hansol Chemical Co. <br> Ltd.<br>| 43603 | 7085729 |
|  | Hansol Holdings Co. <br> Ltd.<br>| 205851 | 436042 |
| #\* | Hansol IONES Co. <br> Ltd.<br>| 63983 | 591232 |
| # | Hansol Paper Co. <br> Ltd.<br>| 113526 | 647410 |
|  | Hansol Technics Co. <br> Ltd.<br>| 207162 | 945012 |
| # | Hanssem Co. Ltd. | 24842 | 809685 |
|  | Hanwha Aerospace <br> Co. Ltd.<br>| 69104 | 47400134 |
| # | Hanwha Corp. | 33459 | 2237877 |
| \* | Hanwha Engine | 156664 | 5427945 |
| \* | Hanwha Galleria <br> Corp.<br>| 51843 | 38934 |
| \* | Hanwha General <br> Insurance Co. Ltd.<br>| 248988 | 945483 |
| #\* | Hanwha Investment & <br> Securities Co. Ltd.<br>| 643006 | 2406121 |

---

601

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| #\* | Hanwha Life <br> Insurance Co. Ltd.<br>| 1480339 | $3143281 |
| \* | Hanwha Ocean Co. <br> Ltd.<br>| 25063 | 2415847 |
| # | Hanwha Solutions <br> Corp.<br>| 368883 | 7887253 |
| # | Hanwha Systems Co. <br> Ltd.<br>| 125260 | 5258650 |
| #\* | Hanwha Vision Co. <br> Ltd.<br>| 103125 | 3628820 |
| #\* | Hanyang Digitech Co. <br> Ltd.<br>| 28484 | 454109 |
| # | Hanyang Eng Co. <br> Ltd.<br>| 91976 | 1299610 |
|  | Hanyang Securities <br> Co. Ltd.<br>| 53559 | 713419 |
| #\* | Harim Co. Ltd. | 531512 | 1074006 |
| # | Harim Holdings Co. <br> Ltd.<br>| 377598 | 1957049 |
| # | HB SOLUTION Co. <br> Ltd.<br>| 235237 | 419441 |
| # | HB Technology Co. <br> Ltd.<br>| 466760 | 648935 |
|  | HC BoKwang Industry <br> Co. Ltd.<br>| 16312 | 32301 |
|  | HC HomeCenter Co. <br> Ltd.<br>| 524309 | 257489 |
|  | HD Hyundai Co. Ltd. | 227855 | 32727519 |
| # | HD Hyundai <br> Construction <br> Equipment Co. Ltd.<br>| 93006 | 6514907 |
|  | HD Hyundai Electric <br> Co. Ltd.<br>| 58843 | 35749834 |
| #\* | HD Hyundai Energy <br> Solutions Co. Ltd.<br>| 22338 | 887436 |
|  | HD Hyundai Heavy <br> Industries Co. Ltd.<br>| 11514 | 4848778 |
|  | HD Hyundai Infracore <br> Co. Ltd.<br>| 1014990 | 10828793 |
|  | HD Hyundai Mipo | 17859 | 3025176 |
|  | HD Korea <br> Shipbuilding & <br> Offshore <br> Engineering Co. <br> Ltd.<br>| 76925 | 25568373 |
| # | HDC Holdings Co. <br> Ltd.<br>| 176861 | 2282343 |
|  | HDC Hyundai <br> Development <br> Co-Engineering & <br> Construction<br>| 267874 | 3618385 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | HDC Hyundai <br> Engineering Plastics <br> Co. Ltd.<br>| 37500 | $101195 |
|  | HDCLabs Co. Ltd. | 5691 | 32611 |
| \* | HD-Hyundai Marine <br> Engine<br>| 59796 | 4161521 |
| # | Hecto Financial Co. <br> Ltd.<br>| 24589 | 280435 |
| # | Hecto Innovation Co. <br> Ltd.<br>| 52220 | 592351 |
| #\* | Helixmith Co. Ltd. | 133968 | 497742 |
| #\* | Heung-A Shipping Co. <br> Ltd.<br>| 336219 | 410535 |
| \* | Heungkuk Fire & <br> Marine Insurance <br> Co. Ltd.<br>| 12541 | 32865 |
| #\* | HFR, Inc. | 26384 | 317662 |
|  | High Tech Pharm Co. <br> Ltd.<br>| 3893 | 34308 |
| \*†† | Hironic Co. Ltd. | 11686 | 15658 |
| # | Hite Jinro Co. Ltd. | 223010 | 2944658 |
| # | Hitejinro Holdings Co. <br> Ltd.<br>| 51470 | 350213 |
| #\* | HJ Shipbuilding & <br> Construction Co. <br> Ltd.<br>| 75838 | 1498052 |
| # | HK inno N Corp. | 89143 | 3087393 |
| \* | HL D&I Halla Corp. | 25680 | 43361 |
| # | HL Holdings Corp. | 37078 | 1052857 |
| # | HL Mando Co. Ltd. | 295489 | 7967031 |
| #\* | HLB Biostep Co. Ltd. | 134341 | 115872 |
| \* | HLB Global Co. Ltd. | 12524 | 18218 |
| #\* | Hlb Pharma Ceutical <br> Co. Ltd.<br>| 11350 | 122221 |
| \* | HLB, Inc. | 56968 | 1938955 |
| # | HMM Co. Ltd. | 757193 | 10902629 |
| \* | Homecast Co. Ltd. | 50710 | 74707 |
| #\* | Hotel Shilla Co. Ltd. | 93443 | 3186376 |
| # | HPSP Co. Ltd. | 61451 | 1481938 |
|  | HS Hwasung Co. Ltd. | 33666 | 238158 |
| # | HS Hyosung <br> Advanced Materials <br> Corp.<br>| 17539 | 2275712 |
| #\* | HS Hyosung Corp. | 10701 | 436113 |
| # | HS Industries Co. <br> Ltd.<br>| 275545 | 770458 |
| #\* | Hugel, Inc. | 18915 | 3470653 |
| #\* | Humasis Co. Ltd. | 308993 | 264984 |
| # | Humedix Co. Ltd. | 34240 | 1205042 |
| # | Huons Co. Ltd. | 49209 | 1008607 |
| # | Huons Global Co. <br> Ltd.<br>| 52312 | 1999525 |
| # | Husteel Co. Ltd. | 236855 | 680162 |
| \* | Huvis Corp. | 129579 | 242174 |

---

602

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Huvitz Co. Ltd. | 53082 | $307032 |
| # | Hwa Shin Co. Ltd. | 177546 | 1094416 |
| #\* | Hwail Pharm Co. Ltd. | 211966 | 164289 |
|  | Hwangkum Steel & <br> Technology Co. <br> Ltd.<br>| 59983 | 237223 |
| # | Hwaseung Enterprise <br> Co. Ltd.<br>| 75457 | 269503 |
| # | HYBE Co. Ltd. | 22088 | 5276323 |
| # | Hy-Lok Corp. | 63254 | 1648913 |
| # | Hyosung Corp. | 44956 | 3988115 |
|  | Hyosung Heavy <br> Industries Corp.<br>| 20326 | 30319061 |
| # | Hyosung TNC Corp. | 22897 | 3337871 |
|  | HyosungITX Co. Ltd. | 718 | 6353 |
|  | Hyundai Autoever <br> Corp.<br>| 22666 | 3226013 |
| # | Hyundai Bioland Co. <br> Ltd.<br>| 105161 | 326766 |
| # | Hyundai BNG Steel <br> Co. Ltd.<br>| 68695 | 540142 |
| # | HYUNDAI Corp. | 57954 | 862243 |
|  | Hyundai Corp. <br> Holdings, Inc.<br>| 28838 | 237688 |
| # | Hyundai Department <br> Store Co. Ltd.<br>| 101324 | 5740164 |
| # | Hyundai Elevator Co. <br> Ltd.<br>| 91697 | 4860291 |
| # | Hyundai Engineering <br> & Construction Co. <br> Ltd.<br>| 269019 | 13217611 |
|  | HYUNDAI EVERDIGM <br> Corp.<br>| 10873 | 59043 |
| # | Hyundai Ezwel Co. <br> Ltd.<br>| 36568 | 135192 |
|  | Hyundai Futurenet Co. <br> Ltd.<br>| 184793 | 412029 |
| # | Hyundai GF Holdings | 338856 | 1850725 |
|  | Hyundai Glovis Co. <br> Ltd.<br>| 193833 | 25617766 |
| # | Hyundai Green Food | 85450 | 902439 |
|  | Hyundai Home <br> Shopping Network <br> Corp.<br>| 19864 | 732964 |
|  | Hyundai Hyms Co. <br> Ltd.<br>| 3964 | 63030 |
| # | Hyundai Livart <br> Furniture Co. Ltd.<br>| 86464 | 400738 |
| #\* | Hyundai Marine & Fire <br> Insurance Co. Ltd.<br>| 395841 | 7574078 |
|  | Hyundai Mobis Co. <br> Ltd.<br>| 103028 | 22783345 |
|  | Hyundai Motor Co. | 509049 | 103229706 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Hyundai Motor <br> Securities Co. Ltd.<br>| 229036 | $1400711 |
| # | Hyundai Movex Co. <br> Ltd.<br>| 67760 | 479632 |
| # | Hyundai <br> Pharmaceutical Co. <br> Ltd.<br>| 45478 | 117768 |
| # | Hyundai Rotem Co. <br> Ltd.<br>| 236944 | 38281016 |
|  | Hyundai Steel Co. | 291064 | 6724459 |
| # | HyVision System, Inc. | 85016 | 963910 |
| # | i3system, Inc. | 23713 | 1287531 |
| \* | Icure Pharm, Inc. | 78236 | 119159 |
| # | iFamilySC Co. Ltd. | 55151 | 686723 |
| \* | Il Dong <br> Pharmaceutical Co. <br> Ltd.<br>| 10373 | 170927 |
| # | Iljin Diamond Co. Ltd. | 23010 | 225561 |
| # | Iljin Electric Co. Ltd. | 89685 | 3605167 |
|  | Iljin Holdings Co. Ltd. | 107525 | 527806 |
| #\* | Iljin Hysolus Co. Ltd. | 15390 | 206426 |
| # | Iljin Power Co. Ltd. | 32263 | 250267 |
|  | Ilshin Spinning Co. <br> Ltd.<br>| 97180 | 820186 |
| #\* | Ilshin Stone Co. Ltd. | 114355 | 142086 |
| # | Ilyang Pharmaceutical <br> Co. Ltd.<br>| 68616 | 628488 |
|  | iM Financial Group <br> Co. Ltd.<br>| 1038179 | 9632401 |
|  | iMarketKorea, Inc. | 130100 | 715796 |
| # | InBody Co. Ltd. | 69008 | 1388848 |
|  | Incar Financial <br> Service Co. Ltd.<br>| 28433 | 238710 |
|  | Incross Co. Ltd. | 7621 | 36511 |
| # | Industrial Bank of <br> Korea<br>| 1126072 | 15260484 |
| # | Infinitt Healthcare Co. <br> Ltd.<br>| 35454 | 145822 |
|  | Inhwa Precision Co. <br> Ltd.<br>| 1376 | 57815 |
| # | Innocean Worldwide, <br> Inc.<br>| 167936 | 2019993 |
|  | InnoWireless Co. Ltd. | 24004 | 393580 |
| # | Innox Advanced <br> Materials Co. Ltd.<br>| 112236 | 1935345 |
| #\* | Insun ENT Co. Ltd. | 124952 | 368252 |
| #\* | Insung Information <br> Co. Ltd.<br>| 31708 | 40632 |
| # | Intellian Technologies, <br> Inc.<br>| 17587 | 556779 |
| # | Intelligent Digital <br> Integrated Security <br> Co. Ltd.<br>| 33137 | 417726 |
| #\* | Interflex Co. Ltd. | 103556 | 670402 |

---

603

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Interojo Co. Ltd. | 28936 | $347581 |
| # | INTOPS Co. Ltd. | 96905 | 1098057 |
| # | iNtRON <br> Biotechnology, Inc.<br>| 57427 | 133705 |
|  | INVENI Co. Ltd. | 8498 | 369329 |
| # | Inzi Controls Co. Ltd. | 34650 | 147040 |
|  | IS Dongseo Co. Ltd. | 104045 | 1355824 |
| # | ISC Co. Ltd. | 30490 | 1693519 |
| # | i-SENS, Inc. | 59097 | 716984 |
| #\* | ISU Abxis Co. Ltd. | 37587 | 128958 |
| \* | ISU Chemical Co. <br> Ltd.<br>| 53611 | 400509 |
| #\* | ISU Specialty <br> Chemical<br>| 64675 | 2507335 |
|  | IsuPetasys Co. Ltd. | 256587 | 20351057 |
| \* | Itcencts Co. Ltd. | 211665 | 82199 |
| #\* | Itcenglobal Co. Ltd. | 43295 | 567224 |
| #\* | ITEK, Inc. | 97485 | 415202 |
| #\* | ITM Semiconductor <br> Co. Ltd.<br>| 17741 | 149054 |
| #\* | Jahwa Electronics Co. <br> Ltd.<br>| 118527 | 1800252 |
|  | JASTECH Ltd. | 33641 | 76577 |
| # | JB Financial Group <br> Co. Ltd.<br>| 878584 | 13832207 |
| \* | Jeil Pharmaceutical <br> Co. Ltd.<br>| 16721 | 168830 |
| \* | Jeju Air Co. Ltd. | 179700 | 719528 |
| #\* | Jeju Semiconductor <br> Corp.<br>| 117168 | 1680255 |
| \* | JETEMA Co. Ltd. | 6918 | 28182 |
| \* | Jin Air Co. Ltd. | 33420 | 168947 |
| # | Jinsung T.E.C. | 85358 | 781645 |
| # | JLS Co. Ltd. | 51894 | 226894 |
| # | JNK Global Co. Ltd. | 86259 | 268084 |
| #\* | JNTC Co. Ltd. | 94753 | 1793623 |
| \* | JoyCity Corp. | 74285 | 97730 |
|  | Jungdawn Co. Ltd. | 43919 | 80874 |
| # | Jusung Engineering <br> Co. Ltd.<br>| 145037 | 3108973 |
|  | JVM Co. Ltd. | 33800 | 661764 |
|  | JW Holdings Corp. | 202318 | 461568 |
|  | JW Life Science <br> Corp.<br>| 56513 | 533100 |
| # | JW Pharmaceutical <br> Corp.<br>| 71335 | 1174535 |
| \* | JW Shinyak Corp. | 29053 | 28345 |
| # | JYP Entertainment <br> Corp.<br>| 118919 | 6742526 |
| # | K Car Co. Ltd. | 29787 | 316654 |
| # | K Ensol Co. Ltd. | 39040 | 313423 |
|  | Kakao Corp. | 120594 | 5496036 |
| #\* | Kakao Games Corp. | 154530 | 1742824 |
| # | KakaoBank Corp. | 213225 | 3456111 |
| \* | Kakaopay Corp. | 15900 | 582146 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \*†† | Kanglim Co. Ltd. | 55665 | $44305 |
| # | Kangnam Jevisco Co. <br> Ltd.<br>| 45411 | 391439 |
| \* | Kangstem Biotech Co. <br> Ltd.<br>| 74452 | 75180 |
| #\* | Kangwon Energy Co. <br> Ltd.<br>| 41085 | 462110 |
|  | Kangwon Land, Inc. | 269881 | 3195159 |
| \* | KAON Group Co. Ltd. | 67138 | 196389 |
|  | KB Financial Group, <br> Inc. (105560 KS)<br>| 1155887 | 94359176 |
|  | KB Financial Group, <br> Inc. (KB US), ADR<br>| 367901 | 29954499 |
| \* | KBI Dongyang Steel <br> Pipe Co. Ltd.<br>| 230895 | 390626 |
|  | KC Co. Ltd. | 56156 | 1026751 |
| # | KC Tech Co. Ltd. | 61782 | 1654509 |
| # | KCC Corp. | 21338 | 6570783 |
| # | KCC Glass Corp. | 59189 | 1077614 |
| # | KCTC | 188573 | 714860 |
| #\* | KEC Corp. | 1074109 | 584587 |
| #\* | Keeps Biopharma, <br> Inc.<br>| 21250 | 135638 |
| #\* | Kencoa Aerospace <br> Co.<br>| 23108 | 188328 |
| # | KEPCO Engineering & <br> Construction Co., <br> Inc.<br>| 15535 | 1108228 |
| # | KEPCO Plant Service <br> & Engineering Co. <br> Ltd.<br>| 157136 | 5573704 |
| #\* | KEYEAST Co. Ltd. | 39205 | 131751 |
|  | KG Chemical Corp. | 284558 | 971094 |
| # | KG Dongbusteel | 261336 | 998384 |
| # | KG Eco Solution Co. <br> Ltd.<br>| 145311 | 577415 |
| \* | KG Mobility Co. | 371002 | 992065 |
| # | Kginicis Co. Ltd. | 118702 | 854209 |
| # | KGMobilians Co. Ltd. | 120028 | 415709 |
| # | KH Vatec Co. Ltd. | 136004 | 1195388 |
| # | Kia Corp. | 1141175 | 95720140 |
| #\* | KidariStudio, Inc. | 55492 | 149147 |
|  | KINX, Inc. | 15242 | 994012 |
| # | KISCO Corp. | 102472 | 720154 |
| # | KISCO Holdings Co. <br> Ltd.<br>| 49059 | 881062 |
|  | KISWIRE Ltd. | 70424 | 882285 |
| # | KIWOOM Securities <br> Co. Ltd.<br>| 85133 | 17683232 |
| # | KL-Net Corp. | 101819 | 200087 |
| \* | KMW Co. Ltd. | 45897 | 546656 |
| #\* | KNJ Co. Ltd. | 26799 | 489297 |
| \* | KoBioLabs, Inc. | 7867 | 27774 |

---

604

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Koh Young <br> Technology, Inc.<br>| 168805 | $1967367 |
| # | Kolmar BNH Co. Ltd. | 39068 | 380122 |
| # | Kolmar Holdings Co. <br> Ltd.<br>| 100765 | 780672 |
| # | Kolmar Korea Co. <br> Ltd.<br>| 84600 | 4566560 |
| # | Kolon Corp. | 44406 | 1355471 |
| # | Kolon Enp, Inc. | 90769 | 493818 |
| # | Kolon Industries, Inc. | 130465 | 3253251 |
| #\* | Kolon Life Science, <br> Inc.<br>| 10221 | 235213 |
|  | Komelon Corp. | 7669 | 56617 |
|  | KoMiCo Ltd. | 10969 | 847332 |
| \* | Komipharm <br> International Co. <br> Ltd.<br>| 18068 | 76594 |
| # | KONA I Co. Ltd. | 37585 | 1242594 |
| # | Korea Aerospace <br> Industries Ltd.<br>| 197067 | 14277897 |
|  | Korea Alcohol <br> Industrial Co. Ltd.<br>| 94422 | 618960 |
| # | Korea Asset In Trust <br> Co. Ltd.<br>| 417191 | 648329 |
|  | Korea Cast Iron Pipe <br> Industries Co. Ltd.<br>| 73562 | 345753 |
| #\* | Korea Circuit Co. Ltd. | 77047 | 1111271 |
|  | Korea District Heating <br> Corp.<br>| 10906 | 731531 |
|  | Korea Electric Power <br> Corp. (015760 KS)<br>| 240707 | 7205330 |
|  | Korea Electric Power <br> Corp. (KEP US), <br> Sponsored ADR<br>| 326264 | 4916798 |
| # | Korea Electric <br> Terminal Co. Ltd.<br>| 49887 | 2163329 |
| # | Korea Electronic <br> Certification <br> Authority, Inc.<br>| 42687 | 111516 |
| # | Korea Electronic <br> Power Industrial <br> Development Co. <br> Ltd.<br>| 74156 | 638876 |
|  | Korea Export <br> Packaging Industrial <br> Co. Ltd.<br>| 92420 | 186467 |
| # | Korea Fuel-Tech <br> Corp.<br>| 173033 | 726641 |
|  | Korea Gas Corp. | 89854 | 2627014 |
| #\* | Korea Information & <br> Communications <br> Co. Ltd.<br>| 90907 | 518282 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Korea Information <br> Certificate Authority, <br> Inc.<br>| 101083 | $439598 |
|  | Korea Investment <br> Holdings Co. Ltd.<br>| 184512 | 23524517 |
| #\* | Korea Line Corp. | 1210170 | 1593596 |
| # | Korea Movenex Co. <br> Ltd.<br>| 120776 | 336288 |
| # | Korea Petrochemical <br> Ind Co. Ltd.<br>| 24973 | 2291706 |
| # | Korea Petroleum <br> Industries Co.<br>| 48470 | 472848 |
|  | Korea Ratings Corp. | 5809 | 399604 |
|  | Korea Real Estate <br> Investment & Trust <br> Co. Ltd.<br>| 1221498 | 1120159 |
|  | Korea United Pharm, <br> Inc.<br>| 68387 | 911915 |
|  | Korean Air Lines Co. <br> Ltd.<br>| 903435 | 14019712 |
|  | Korean Reinsurance <br> Co.<br>| 1176327 | 8753479 |
| # | Kortek Corp. | 46854 | 282826 |
|  | Koryo Credit <br> Information Co. <br> Ltd.<br>| 9684 | 71005 |
| #\* | KOSES Co. Ltd. | 20024 | 404847 |
|  | KPX Chemical Co. <br> Ltd.<br>| 12715 | 427043 |
| #\* | Krafton, Inc. | 72256 | 13984970 |
| # | KSS LINE Ltd. | 158019 | 1024457 |
| \* | Kt alpha Co. Ltd. | 54630 | 206588 |
|  | KT Corp. (030200 <br> KS)<br>| 35348 | 1217582 |
|  | KT Corp. (KT US), <br> Sponsored ADR<br>| 199398 | 3698833 |
| \* | KT Genie Music <br> Corp.<br>| 29512 | 39078 |
| # | KT Nasmedia Co. <br> Ltd.<br>| 10942 | 102004 |
|  | KT Skylife Co. Ltd. | 196016 | 688745 |
|  | KT&G Corp. | 233930 | 22015575 |
|  | KTCS Corp. | 236202 | 483315 |
|  | Kukbo Design Co. <br> Ltd.<br>| 14650 | 208778 |
|  | Kukdong Oil & <br> Chemicals Co. Ltd.<br>| 96066 | 222476 |
| \*†† | Kuk-il Paper <br> Manufacturing Co. <br> Ltd.<br>| 231940 | 62024 |
| # | Kukje Pharma Co. <br> Ltd.<br>| 30774 | 92058 |

---

605

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Kukjeon <br> Pharmaceutical Co. <br> Ltd.<br>| 32907 | $83571 |
| #\*†† | Kum Yang Co. Ltd. | 18916 | 49296 |
| #\* | Kumho HT, Inc. | 895534 | 358840 |
| # | Kumho Petrochemical <br> Co. Ltd.<br>| 86975 | 7069735 |
| #\* | Kumho Tire Co., Inc. | 786285 | 2601579 |
| #\* | KUMHOE&C Co. Ltd. | 140791 | 337513 |
| # | Kumkang Kind Co. <br> Ltd.<br>| 107980 | 424968 |
| # | Kwang Dong <br> Pharmaceutical Co. <br> Ltd.<br>| 224136 | 897737 |
| \* | Kwangmu Co. Ltd. | 70728 | 112382 |
|  | KX Innovation Co. <br> Ltd.<br>| 119777 | 320127 |
| # | Kyeryong Construction <br> Industrial Co. Ltd.<br>| 54145 | 653395 |
| # | Kyobo Securities Co. <br> Ltd.<br>| 123871 | 818200 |
| # | Kyochon F&B Co. <br> Ltd.<br>| 83242 | 245871 |
|  | Kyongbo <br> Pharmaceutical Co. <br> Ltd.<br>| 32962 | 136450 |
| # | Kyung Dong Navien <br> Co. Ltd.<br>| 46869 | 2319376 |
| # | Kyungbang Co. Ltd. | 55402 | 259276 |
|  | KyungDong City Gas <br> Co. Ltd.<br>| 16222 | 233328 |
| # | KyungDong Invest Co. <br> Ltd.<br>| 3317 | 123363 |
|  | Kyungdong Pharm <br> Co. Ltd.<br>| 103892 | 414291 |
|  | Kyung-In Synthetic <br> Corp.<br>| 230094 | 472691 |
|  | KZ Precision Corp. | 63997 | 674962 |
| # | L&C Bio Co. Ltd. | 33179 | 1225242 |
| #\* | L&F Co. Ltd. | 4524 | 386233 |
| #\* | L&K Biomed Co. Ltd. | 34222 | 216756 |
| #\* | LabGenomics Co. <br> Ltd.<br>| 346208 | 535335 |
| # | Lake Materials Co. <br> Ltd.<br>| 193665 | 1982237 |
| #\* | LB Semicon, Inc. | 62869 | 218804 |
| # | LEADCORP, Inc.  | 107465 | 286703 |
| # | Lee Ku Industrial Co. <br> Ltd.<br>| 161966 | 559997 |
| # | LEENO Industrial, <br> Inc.<br>| 194895 | 7844578 |
|  | LF Corp. | 117579 | 1506414 |
| # | LG Chem Ltd. | 154050 | 42848723 |
|  | LG Corp. | 190776 | 10729411 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| #\* | LG Display Co. Ltd. <br> (034220 KS)<br>| 1542091 | $15765779 |
| \* | LG Display Co. Ltd. <br> (LPL US), ADR<br>| 345392 | 1730414 |
| # | LG Electronics, Inc. | 564673 | 34633213 |
| #\* | LG Energy Solution <br> Ltd.<br>| 26106 | 8642310 |
| # | LG H&H Co. Ltd. | 30086 | 5998608 |
| \* | LG HelloVision Co. <br> Ltd.<br>| 436983 | 747658 |
| # | LG Innotek Co. Ltd. | 82150 | 13858080 |
|  | LG Uplus Corp. | 1340553 | 14329971 |
|  | LIG Nex1 Co. Ltd. | 54930 | 20003872 |
| #\* | LigaChem <br> Biosciences, Inc.<br>| 11749 | 1204797 |
| #\* | LOT Vacuum Co. Ltd. | 70046 | 639708 |
| # | Lotte Chemical Corp. | 58104 | 2878444 |
| # | Lotte Chilsung <br> Beverage Co. Ltd.<br>| 37116 | 3001529 |
| # | Lotte Corp. | 96966 | 1985873 |
| #\* | Lotte Data <br> Communication Co.<br>| 42531 | 618315 |
| #\* | Lotte Energy Materials <br> Corp.<br>| 103598 | 1884211 |
| # | LOTTE Fine Chemical <br> Co. Ltd.<br>| 113201 | 3617336 |
|  | LOTTE Himart Co. <br> Ltd.<br>| 64713 | 347062 |
| #\* | Lotte Non-Life <br> Insurance Co. Ltd.<br>| 339000 | 451070 |
| # | Lotte Rental Co. Ltd. | 90309 | 1855469 |
|  | Lotte Shopping Co. <br> Ltd.<br>| 37994 | 1733822 |
| # | Lotte Wellfood Co. <br> Ltd.<br>| 19976 | 1596714 |
|  | LS Corp. | 90805 | 13233368 |
| # | LS Eco Energy Ltd. | 52587 | 1693942 |
|  | LS Electric Co. Ltd. | 65927 | 20012775 |
| # | LS Marine Solution <br> Co. Ltd.<br>| 71165 | 1436902 |
| \* | LS Materials Ltd. | 6649 | 62380 |
|  | LS SECURITIES Co. <br> Ltd.<br>| 47004 | 180903 |
| # | LTC Co. Ltd. | 16960 | 250234 |
| #\* | LVMC Holdings | 659018 | 766156 |
|  | LX Hausys Ltd. | 54494 | 1075009 |
| # | LX Holdings Corp. | 307043 | 1756286 |
| # | LX International Corp. | 280471 | 5925905 |
| # | LX Semicon Co. Ltd. | 86327 | 3462364 |
| # | M.I.Tech Co. Ltd. | 63758 | 275346 |
| \* | M2N Co. Ltd. | 67879 | 89344 |
| # | Macquarie Korea <br> Infrastructure Fund<br>| 1173738 | 9052201 |
|  | Macrogen, Inc. | 29845 | 317112 |

---

606

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Maeil Dairies Co. Ltd. | 31306 | $760997 |
| #\* | Manyo Co. Ltd. | 10280 | 117882 |
| # | Mcnex Co. Ltd. | 108576 | 2367742 |
| #\* | MDS Tech, Inc. | 237059 | 254746 |
| #\* | ME2ON Co. Ltd. | 54098 | 183289 |
| \* | Mediana Co. Ltd. | 61156 | 227840 |
| #\* | Medipost Co. Ltd. | 53050 | 643185 |
| \* | MedPacto, Inc. | 5544 | 16876 |
| # | Medytox, Inc. | 13621 | 1146925 |
| \* | Meerecompany, Inc. | 17727 | 189968 |
| # | MegaStudy Co. Ltd. | 52410 | 414312 |
| # | MegaStudyEdu Co. <br> Ltd.<br>| 64720 | 1886783 |
| # | Meritz Financial <br> Group, Inc.<br>| 495048 | 38363240 |
| # | META BIOMED Co. <br> Ltd.<br>| 84378 | 332312 |
| # | Mgame Corp. | 157466 | 716669 |
|  | Mi Chang Oil <br> Industrial Co. Ltd.<br>| 3141 | 239976 |
| #\* | MiCo Ltd. | 171010 | 1734455 |
| #\* | Micro Digital Co. Ltd. | 26352 | 153952 |
| #\* | Mirae Asset Life <br> Insurance Co. Ltd.<br>| 422652 | 2600772 |
| # | Mirae Asset Securities <br> Co. Ltd.<br>| 1114579 | 20492838 |
| # | Mirae Asset Venture <br> Investment Co. Ltd.<br>| 108182 | 645715 |
| # | Misto Holdings Corp. | 192513 | 4965599 |
|  | Miwon Chemicals Co. <br> Ltd.<br>| 1485 | 89456 |
| # | Miwon Commercial <br> Co. Ltd.<br>| 7025 | 745519 |
|  | Miwon Holdings Co. <br> Ltd.<br>| 1831 | 90790 |
|  | Miwon Specialty <br> Chemical Co. Ltd.<br>| 9336 | 920376 |
| # | MK Electron Co. Ltd. | 123560 | 799066 |
|  | MNTech Co. Ltd. | 67349 | 533136 |
| #\* | Mobase Electronics <br> Co. Ltd.<br>| 212664 | 202461 |
| # | Modetour Network, <br> Inc.<br>| 32742 | 255417 |
| #\* | MONAYONGPYONG | 182248 | 444199 |
| # | Moorim P&P Co. Ltd. | 165964 | 297324 |
| #\* | Motrex Co. Ltd. | 96038 | 584917 |
| # | mPlus Corp. | 28776 | 350333 |
| #\* | MS Autotech Co. Ltd. | 75664 | 126894 |
|  | Muhak Co. Ltd. | 20432 | 123273 |
|  | Multicampus Co. Ltd. | 15352 | 337186 |
| # | Myoung Shin <br> Industrial Co. Ltd.<br>| 242532 | 1585786 |
| #\* | Naintech Co. Ltd. | 41998 | 118595 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Namhae Chemical <br> Corp.<br>| 129834 | $586930 |
| #\* | Namsun Aluminum <br> Co. Ltd.<br>| 599773 | 449457 |
|  | Namuga Co. Ltd. | 61293 | 724878 |
|  | Namyang Dairy <br> Products Co. Ltd.<br>| 18850 | 680905 |
| \* | NanoenTek, Inc. | 12813 | 27972 |
| \* | Nature & Environment <br> Co. Ltd.<br>| 238696 | 103752 |
|  | Nature Holdings Co. <br> Ltd.<br>| 74736 | 500416 |
|  | NAVER Corp. | 58567 | 10976402 |
|  | NCSoft Corp. | 24372 | 3761909 |
| # | NeoPharm Co. Ltd. | 49615 | 595405 |
| # | Neosem, Inc. | 31653 | 276718 |
| #\* | Neowiz | 91417 | 1568916 |
|  | Neowiz Holdings <br> Corp.<br>| 24725 | 399660 |
| #\* | Nepes Ark Corp. | 44403 | 618136 |
| #\* | NEPES Corp. | 74821 | 908803 |
| \* | Neptune Co. | 85440 | 353395 |
| Ω | Netmarble Corp. | 58866 | 2230722 |
| # | New Power Plasma <br> Co. Ltd.<br>| 167306 | 726917 |
| \* | Newflex Technology <br> Co. Ltd.<br>| 33789 | 124140 |
|  | Nexen Corp. | 181887 | 682508 |
| # | Nexen Tire Corp. | 208647 | 939213 |
| #\* | Nexon Games Co. <br> Ltd.<br>| 67147 | 628792 |
| # | Nexteel Co. Ltd. | 14275 | 118337 |
| # | NEXTIN, Inc. | 39361 | 1813096 |
| # | NH Investment & <br> Securities Co. Ltd.<br>| 638162 | 9097706 |
| # | NH NongWooBio Co. <br> Ltd.<br>| 19155 | 111759 |
|  | NHN Corp. | 95578 | 1939199 |
| # | NHN KCP Corp. | 141074 | 1574436 |
|  | NI Steel Co. Ltd. | 31574 | 80201 |
|  | NICE Holdings Co. <br> Ltd.<br>| 177420 | 1726642 |
|  | Nice Information & <br> Telecommunication, <br> Inc.<br>| 45256 | 725279 |
| # | NICE Information <br> Service Co. Ltd.<br>| 239522 | 2434356 |
|  | NICE Infra Co. Ltd. | 40186 | 116341 |
| # | Nong Shim Holdings <br> Co. Ltd.<br>| 15048 | 992679 |
| # | NongShim Co. Ltd. | 18106 | 5536268 |
|  | Noroo Holdings Co. <br> Ltd.<br>| 17027 | 275341 |

---

607

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | NOROO Paint & <br> Coatings Co. Ltd.<br>| 74526 | $442411 |
| # | NOVAREX Co. Ltd. | 79184 | 947031 |
|  | Novatech Co. Ltd. | 5447 | 75781 |
|  | NPC | 92090 | 262051 |
| \* | NUVOTEC Co. Ltd. | 15390 | 14332 |
| \* | Obigo, Inc. | 9468 | 28014 |
| # | OCI Co. Ltd. | 31494 | 1303500 |
| # | OCI Holdings Co. Ltd. | 90451 | 7232175 |
| #\* | Okins Electronics Co. <br> Ltd.<br>| 46357 | 299813 |
| # | ONEJOON Co. Ltd. | 25313 | 163032 |
| #\* | OptoElectronics <br> Solutions Co. Ltd.<br>| 34817 | 353866 |
| # | Oriental Precision & <br> Engineering Co. <br> Ltd.<br>| 97618 | 713442 |
| # | Orion Corp. | 125629 | 8748171 |
| # | Orion Holdings Corp. | 208397 | 2774633 |
|  | Osang Healthcare Co. <br> Ltd.<br>| 8301 | 75247 |
| \* | OSTEONIC Co. Ltd. | 41816 | 211025 |
| #\* | Osung Advanced <br> Materials Co. Ltd.<br>| 444369 | 489630 |
| # | Otoki Corp. | 12020 | 3275407 |
|  | Pan Ocean Co. Ltd. | 1514863 | 4069337 |
| # | Pang Rim Co. Ltd. | 33734 | 118006 |
| # | Paradise Co. Ltd. | 320064 | 4147033 |
| # | Park Systems Corp. | 25044 | 4266036 |
| # | Partron Co. Ltd. | 372409 | 1806267 |
| #\* | Pearl Abyss Corp. | 27757 | 673290 |
| # | People & Technology, <br> Inc.<br>| 110651 | 3347799 |
| #\* | Peptron, Inc. | 9976 | 1891850 |
|  | PHA Co. Ltd. | 59876 | 489773 |
| # | PharmaResearch Co. <br> Ltd.<br>| 28863 | 10927744 |
| #\* | PharmGen Science, <br> Inc.<br>| 117320 | 332127 |
| # | Pharmicell Co. Ltd. | 116828 | 1386794 |
|  | Philenergy Co. Ltd. | 3693 | 36998 |
| #\* | Philoptics Co. Ltd. | 38258 | 1125884 |
| # | PI Advanced Materials <br> Co. Ltd.<br>| 70350 | 893680 |
| \* | PKC Co. Ltd. | 173863 | 762996 |
| #\* | Polaris AI Corp. | 80192 | 129418 |
| \* | Polaris Office Corp. | 2267 | 8135 |
|  | Pond Group Co. Ltd. | 9898 | 56384 |
| #\* | PonyLink Co. Ltd. | 272069 | 158373 |
| # | Poongsan Corp. | 145353 | 11178916 |
| # | Poongsan Holdings <br> Corp.<br>| 47395 | 1284803 |
|  | Posco DX Co. Ltd. | 169433 | 3115508 |
| #\* | POSCO Future M Co. <br> Ltd.<br>| 10779 | 1633197 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | POSCO Holdings, Inc. <br> (005490 KS)<br>| 72008 | $15661328 |
|  | POSCO Holdings, Inc. <br> (PKX US), <br> Sponsored ADR<br>| 217227 | 11864939 |
| # | Posco International <br> Corp.<br>| 233812 | 9006943 |
| # | Posco M-Tech Co. <br> Ltd.<br>| 36109 | 387048 |
| # | POSCO Steeleon Co. <br> Ltd.<br>| 19137 | 516940 |
| #\* | Power Logics Co. <br> Ltd.<br>| 150946 | 435710 |
| \* | Prestige Biologics Co. <br> Ltd.<br>| 4338 | 9175 |
| # | Protec Co. Ltd. | 28538 | 624591 |
| # | PSK Holdings, Inc. | 19964 | 682630 |
| # | PSK, Inc. | 119141 | 3139855 |
| # | Pulmuone Co. Ltd. | 74964 | 699064 |
| # | Pumtech Korea Co. <br> Ltd.<br>| 12664 | 471076 |
|  | Pungkuk Ethanol Co. <br> Ltd.<br>| 16938 | 111131 |
| \* | RaonSecure Co. Ltd. | 6569 | 45379 |
| \* | Ray Co. Ltd. | 22954 | 84476 |
| #\* | Refine Co. Ltd. | 71948 | 623436 |
| \* | Remed Co. Ltd. | 6876 | 15920 |
| #\* | Reyon Pharmaceutical <br> Co. Ltd.<br>| 34339 | 259615 |
| # | RFHIC Corp. | 45102 | 1054552 |
| #\* | RFTech Co. Ltd. | 159006 | 246120 |
| #\* | Robostar Co. Ltd. | 14611 | 888442 |
| #\* | Robotis Co. Ltd. | 11928 | 1838790 |
|  | Rorze Systems Corp. | 6569 | 51280 |
|  | Rsupport Co. Ltd. | 10658 | 20360 |
|  | S Net Systems, Inc. | 28607 | 75322 |
| # | S&D Co. Ltd. | 2028 | 104688 |
| # | S&S Tech Corp. | 61424 | 2409978 |
| # | S-1 Corp. | 82408 | 4333435 |
| #\* | Sajo Industries Co. <br> Ltd.<br>| 14062 | 476345 |
| # | Sajodaerim Corp. | 30273 | 798377 |
| # | Sajodongaone Co. <br> Ltd.<br>| 88855 | 69934 |
| # | Sam Chun Dang <br> Pharm Co. Ltd.<br>| 9741 | 1597113 |
| # | Sam Young <br> Electronics Co. Ltd.<br>| 74785 | 561064 |
| # | Sam Yung Trading <br> Co. Ltd.<br>| 88339 | 941578 |
| # | Sam-A Aluminum Co. <br> Ltd.<br>| 14216 | 239245 |
| # | Sambo Corrugated <br> Board Co. Ltd.<br>| 30913 | 199165 |

---

608

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Sambo Motors Co. <br> Ltd.<br>| 15991 | $45686 |
| # | Samchully Co. Ltd. | 9292 | 802776 |
|  | Samho Development <br> Co. Ltd.<br>| 83310 | 200473 |
|  | SAMHWA Paints <br> Industrial Co. Ltd.<br>| 83510 | 340231 |
|  | Samhyun Co. Ltd. | 8223 | 179750 |
|  | Samick Musical <br> Instruments Co. <br> Ltd.<br>| 94199 | 76953 |
| #†† | Samick THK Co. Ltd. | 51492 | 269974 |
| #\* | Samil Pharmaceutical <br> Co. Ltd.<br>| 55789 | 371164 |
| # | Samji Electronics Co. <br> Ltd.<br>| 81870 | 714882 |
| # | Samjin <br> Pharmaceutical Co. <br> Ltd.<br>| 51410 | 711971 |
|  | Sammok S-Form Co. <br> Ltd.<br>| 29939 | 417909 |
| # | SAMPYO Cement Co. <br> Ltd.<br>| 245368 | 517242 |
| \*Ω | Samsung Biologics <br> Co. Ltd.<br>| 17847 | 15294744 |
|  | Samsung C&T Corp. | 197090 | 31189753 |
| # | Samsung Card Co. <br> Ltd. (029780 KS)<br>| 115331 | 4006685 |
|  | Samsung <br> Electro-Mechanics <br> Co. Ltd.<br>| 147975 | 25365957 |
|  | Samsung Electronics <br> Co. Ltd. (005930 <br> KS)<br>| 10764589 | 810317156 |
|  | Samsung Electronics <br> Co. Ltd. (SMSN LI), <br> GDR<br>| 491 | 916370 |
| # | Samsung Engineering <br> Co. Ltd.<br>| 824339 | 14986715 |
|  | Samsung Fire & <br> Marine Insurance <br> Co. Ltd.<br>| 107909 | 33398298 |
| #\* | Samsung Heavy <br> Industries Co. Ltd.<br>| 671206 | 13908620 |
| # | Samsung Life <br> Insurance Co. Ltd.<br>| 155333 | 16786719 |
| \* | Samsung <br> Pharmaceutical Co. <br> Ltd.<br>| 220374 | 237078 |
|  | Samsung Publishing <br> Co. Ltd.<br>| 6149 | 69800 |
|  | Samsung SDI Co. <br> Ltd.<br>| 107858 | 24302710 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Samsung SDS Co. <br> Ltd.<br>| 79875 | $10245222 |
|  | Samsung Securities <br> Co. Ltd.<br>| 286971 | 15531364 |
| # | SAMT Co. Ltd. | 374339 | 968218 |
| # | Samwha Capacitor <br> Co. Ltd.<br>| 42174 | 996757 |
| # | Samwha Electric Co. <br> Ltd.<br>| 15682 | 383809 |
| # | Samyang Corp. | 24854 | 862678 |
| # | Samyang Foods Co. <br> Ltd.<br>| 17183 | 16226950 |
| # | Samyang Holdings <br> Corp.<br>| 28438 | 2087813 |
| # | Samyang Packaging <br> Corp.<br>| 14769 | 146926 |
|  | Samyang Tongsang <br> Co. Ltd.<br>| 10960 | 397756 |
| # | Samyoung Co. Ltd. | 134031 | 462259 |
|  | Sang-A Frontec Co. <br> Ltd.<br>| 30472 | 396036 |
| \* | Sangbo Corp. | 112990 | 65183 |
| #\* | Sangji Construction, <br> Inc.<br>| 16331 | 88854 |
| #\* | Sangsangin Co. Ltd. | 176091 | 255020 |
| # | Sangsin Energy <br> Display Precision <br> Co. Ltd.<br>| 65320 | 583052 |
|  | Saramin Co. Ltd. | 38321 | 358827 |
| # | Satrec Initiative Co. <br> Ltd.<br>| 9250 | 390590 |
| \* | SBI Investment Korea <br> Co. Ltd.<br>| 584519 | 280074 |
| \*†† | SBW | 121830 | 43097 |
| # | SD Biosensor, Inc. | 271999 | 1821661 |
| #\* | SDN Co. Ltd. | 186770 | 147043 |
|  | SeAH Besteel <br> Holdings Corp.<br>| 124159 | 2390341 |
|  | SeAH Holdings Corp. | 495 | 41672 |
| # | SeAH Steel Corp. | 13617 | 1208157 |
| # | SeAH Steel Holdings <br> Corp.<br>| 19660 | 1976542 |
| # | Sebang Co. Ltd. | 77689 | 740223 |
| # | Sebang Global Battery <br> Co. Ltd.<br>| 48088 | 2195872 |
| # | Seegene, Inc. | 127658 | 2264199 |
| # | Segyung Hitech Co. <br> Ltd.<br>| 57444 | 229948 |
| # | Sejin Heavy Industries <br> Co. Ltd.<br>| 68614 | 1060427 |
| # | Sejong Industrial Co. <br> Ltd.<br>| 112104 | 646994 |
| # | Sekonix Co. Ltd. | 56155 | 217627 |
| \* | SEMCNS Co. Ltd. | 9872 | 53484 |

---

609

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Sempio Foods Co. | 8674 | $161913 |
| # | Seobu T&D | 236941 | 1514028 |
|  | Seohan Co. Ltd. | 661724 | 409048 |
| # | Seohee Construction <br> Co. Ltd.<br>| 788596 | 898327 |
| #\* | Seojin System Co. <br> Ltd.<br>| 137325 | 2604842 |
| #\* | Seoul Auction Co. <br> Ltd.<br>| 38918 | 187053 |
| # | Seoul City Gas Co. <br> Ltd.<br>| 3726 | 164977 |
| \* | Seoul Food Industrial <br> Co. Ltd.<br>| 626950 | 67338 |
| #\* | Seoul Semiconductor <br> Co. Ltd.<br>| 267318 | 1174337 |
|  | SEOWONINTECH Co. <br> Ltd.<br>| 6973 | 27697 |
| # | Seoyon Co. Ltd. | 100408 | 664602 |
| # | Seoyon E-Hwa Co. <br> Ltd.<br>| 120354 | 1096147 |
| \*†† | Setopia Co. Ltd. | 26820 | 3821 |
|  | SEWOONMEDICAL <br> Co. Ltd.<br>| 24738 | 41467 |
| # | SFA Engineering <br> Corp.<br>| 94527 | 1638521 |
| #\* | SFA Semicon Co. <br> Ltd.<br>| 364361 | 1088572 |
| # | SGC Energy Co. Ltd. | 64795 | 1026559 |
| # | Shin Heung Energy & <br> Electronics Co. Ltd.<br>| 168824 | 645712 |
| #\* | Shin Poong <br> Pharmaceutical Co. <br> Ltd.<br>| 25237 | 239931 |
| # | Shindaeyang Paper <br> Co. Ltd.<br>| 105995 | 914844 |
|  | Shinhan Financial <br> Group Co. Ltd. <br> (055550 KS)<br>| 1478212 | 75924704 |
|  | Shinhan Financial <br> Group Co. Ltd. <br> (SHG US), ADR<br>| 269770 | 13944411 |
| # | Shinil Electronics Co. <br> Ltd.<br>| 231645 | 209081 |
|  | Shinsegae Food Co. <br> Ltd.<br>| 11543 | 285705 |
|  | Shinsegae Information <br> & Communication <br> Co. Ltd.<br>| 17302 | 182439 |
|  | Shinsegae <br> International, Inc.<br>| 86427 | 622869 |
| # | Shinsegae, Inc. | 49956 | 6088716 |
| # | Shinsung Delta Tech <br> Co. Ltd.<br>| 30176 | 1156947 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| #\* | Shinsung E&G Co. <br> Ltd.<br>| 380904 | $493067 |
| # | Shinsung ST Co. Ltd. | 5010 | 149365 |
| \* | Shinwha Intertek <br> Corp.<br>| 120200 | 165038 |
| # | Shinwon Corp. | 345611 | 353192 |
| # | Shinyoung Securities <br> Co. Ltd.<br>| 29727 | 3012737 |
| # | Showbox Corp. | 106070 | 188544 |
| #\* | Silicon2 Co. Ltd. | 117280 | 3698647 |
|  | Silla Co. Ltd. | 14535 | 91290 |
| # | SIMMTECH Co. Ltd. | 102488 | 4507967 |
|  | SIMPAC, Inc. | 77451 | 251232 |
|  | Sindoh Co. Ltd. | 26903 | 802735 |
| # | Sinil Pharm Co. Ltd. | 25229 | 104067 |
| #\* | SK <br> Biopharmaceuticals <br> Co. Ltd.<br>| 76501 | 6185639 |
| #\* | SK Bioscience Co. <br> Ltd.<br>| 19322 | 686105 |
| # | SK Chemicals Co. <br> Ltd.<br>| 43185 | 1913581 |
| # | SK Discovery Co. <br> Ltd.<br>| 83920 | 3493265 |
| #\* | SK Eternix Co. Ltd. | 119545 | 1740352 |
| # | SK Gas Ltd. | 19191 | 3506661 |
|  | SK Hynix, Inc. | 994055 | 386780266 |
| #\*Ω | SK IE Technology Co. <br> Ltd.<br>| 64151 | 1378168 |
| # | SK Innovation Co. <br> Ltd.<br>| 77461 | 6995121 |
|  | SK Networks Co. Ltd. | 1080930 | 3440824 |
| #\* | SK oceanplant Co. <br> Ltd.<br>| 143541 | 2131928 |
| # | SK Securities Co. <br> Ltd.<br>| 2330774 | 1143590 |
|  | SK Telecom Co. Ltd. <br> (017670 KS)<br>| 142068 | 5201380 |
|  | SK Telecom Co. Ltd. <br> (SKM US), <br> Sponsored ADR<br>| 483 | 9758 |
| # | SK, Inc. | 134734 | 23396898 |
| \* | SKC Co. Ltd. | 12038 | 1072648 |
| # | SL Corp. | 134564 | 3419030 |
| # | SM Entertainment Co. <br> Ltd.<br>| 34714 | 2908022 |
| #\* | SMEC Co. Ltd. | 394337 | 1134581 |
| # | SNT Dynamics Co. <br> Ltd.<br>| 110173 | 4158257 |
| #\* | SNT Holdings Co. <br> Ltd.<br>| 50310 | 2237871 |
| # | SNT Motiv Co. Ltd. | 142786 | 3423953 |
| #\* | SOCAR, Inc. | 28690 | 235301 |
| #\* | S-Oil Corp. | 187740 | 9449730 |

---

610

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | Solborn, Inc. | 24234 | $67959 |
| # | Solid, Inc. | 315105 | 1774084 |
| #\* | SOLUM Co. Ltd. | 234886 | 2945745 |
| # | Solus Advanced <br> Materials Co. Ltd.<br>| 127971 | 821615 |
|  | Songwon Industrial <br> Co. Ltd.<br>| 112300 | 755829 |
| # | Soop Co. Ltd. | 47915 | 2439497 |
|  | Soosan Industries Co. <br> Ltd.<br>| 29624 | 452099 |
| # | Soulbrain Co. Ltd. | 19622 | 3880918 |
| # | Soulbrain Holdings <br> Co. Ltd.<br>| 38911 | 1167575 |
| # | SPC Samlip Co. Ltd. | 13592 | 495812 |
| # | SPG Co. Ltd. | 27155 | 641379 |
| # | Spigen Korea Co. <br> Ltd.<br>| 24455 | 382598 |
| # | ST Pharm Co. Ltd. | 29693 | 2108252 |
| # | STIC Investments, <br> Inc.<br>| 182158 | 1329220 |
|  | Straffic Co. Ltd. | 132357 | 339521 |
| #\* | Studio Dragon Corp. | 63179 | 2016886 |
| #\* | STX Engine Co. Ltd. | 13781 | 341390 |
| #\* | Sugentech, Inc. | 22534 | 103909 |
| # | Suheung Co. Ltd. | 36553 | 685755 |
| \* | Sukgyung AT Co. Ltd. | 6779 | 208228 |
|  | Sun Kwang Co. Ltd. | 24057 | 306514 |
| # | Sung Kwang Bend <br> Co. Ltd.<br>| 97446 | 2149550 |
| #\* | Sungchang Enterprise <br> Holdings Ltd.<br>| 333157 | 358798 |
| #\* | Sungeel Hitech Co. <br> Ltd.<br>| 10757 | 323419 |
| # | Sungshin Cement Co. <br> Ltd.<br>| 147254 | 969048 |
| # | Sungwoo Hitech Co. <br> Ltd.<br>| 450290 | 2133736 |
| # | Sunjin Co. Ltd. | 106916 | 746531 |
|  | Sunny Electronics <br> Corp.<br>| 39726 | 42772 |
| \* | SUNP Corp. | 52976 | 14241 |
| #\* | Suprema, Inc. | 29598 | 700565 |
| #\* | Suresoft Technologies, <br> Inc.<br>| 26545 | 96713 |
| #\* | SV Investment Corp. | 69884 | 81473 |
| # | SY Co. Ltd. | 206794 | 441261 |
| # | SY Steel Tech, Inc. | 35946 | 83597 |
| #\* | Synergy Innovation <br> Co. Ltd.<br>| 143470 | 245074 |
| #\* | Synopex, Inc. | 404427 | 1855795 |
| # | Systems Technology, <br> Inc.<br>| 54558 | 872994 |
| #\* | T Scientific Co. Ltd. | 120947 | 83881 |
| # | T&L Co. Ltd. | 25102 | 808755 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | T3 Entertainment Co. <br> Ltd.<br>| 18676 | $24736 |
|  | Tae Kyung Industrial <br> Co. Ltd.<br>| 73974 | 262474 |
| # | Taekwang Industrial <br> Co. Ltd.<br>| 1776 | 998829 |
| # | TAEKYUNG BK Co. <br> Ltd.<br>| 105821 | 354056 |
| \* | Taesung Co. Ltd. | 17894 | 299073 |
| #\* | Taewoong Co. Ltd. | 69817 | 1503534 |
| # | Taeyang Metal <br> Industrial Co. Ltd.<br>| 197725 | 284018 |
| #\* | Taihan Cable & <br> Solution Co. Ltd.<br>| 150810 | 2548873 |
| \* | Taihan Fiberoptics Co. <br> Ltd.<br>| 191618 | 290302 |
| #\* | Tailim Packaging Co. <br> Ltd.<br>| 76664 | 97499 |
| # | TCC Steel | 43289 | 556336 |
| # | TechWing, Inc. | 89928 | 4178833 |
| \* | Tego Science, Inc. | 10158 | 126428 |
|  | Telechips, Inc. | 54858 | 535817 |
| # | TES Co. Ltd. | 58140 | 1797945 |
| #\* | Theragen Etex Co. <br> Ltd.<br>| 192630 | 344473 |
| # | TK Corp. | 141789 | 2806990 |
| # | TKG Huchems Co. <br> Ltd.<br>| 133057 | 1668103 |
| # | TLB Co. Ltd. | 22342 | 1069650 |
| # | Tokai Carbon Korea <br> Co. Ltd.<br>| 30565 | 3549263 |
| #\* | Tongyang Life <br> Insurance Co. Ltd.<br>| 334713 | 1588718 |
| #\* | Tongyang, Inc. | 994398 | 609196 |
| # | Tonymoly Co. Ltd. | 24881 | 166665 |
| # | Toptec Co. Ltd. | 154672 | 505713 |
|  | Tovis Co. Ltd. | 89537 | 940726 |
| # | TS Corp. | 300710 | 591160 |
| # | TSE Co. Ltd. | 11580 | 420124 |
| \* | TSI Co. Ltd. | 11190 | 47511 |
| #\* | Tuksu Construction <br> Co. Ltd.<br>| 77601 | 309095 |
| \* | Tway Air Co. Ltd. | 183400 | 234407 |
| \* | TY Holdings Co. Ltd. | 1495 | 2698 |
| # | TYM Corp. | 266928 | 1112726 |
| # | UBCare Co. Ltd. | 59081 | 148073 |
|  | Ubiquoss Holdings, <br> Inc.<br>| 27880 | 209652 |
| # | Ubiquoss, Inc. | 60437 | 373245 |
| #\* | Ubivelox, Inc. | 41721 | 171310 |
|  | Uju Electronics Co. <br> Ltd.<br>| 43321 | 1165210 |
| #\* | Uni-Chem Co. Ltd. | 221847 | 203856 |
|  | Unick Corp. | 27663 | 75958 |

---

611

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Unid Co. Ltd. | 24328 | $1146265 |
| # | Union Semiconductor <br> Equipment & <br> Materials Co. Ltd.<br>| 109449 | 766049 |
| # | Uniquest Corp. | 61270 | 329512 |
| #\* | Unison Co. Ltd. | 218973 | 187188 |
| #\* | UniTest, Inc. | 54219 | 769032 |
|  | Unitrontech Co. Ltd. | 114109 | 482025 |
|  | Value Added <br> Technology Co. <br> Ltd.<br>| 54238 | 834652 |
| # | Viatron Technologies, <br> Inc.<br>| 64006 | 365629 |
| # | VICTEK Co. Ltd. | 75937 | 199145 |
| \*†† | Vidente Co. Ltd. | 125954 | 55076 |
|  | Vieworks Co. Ltd. | 35843 | 476274 |
| #\* | Vina Tech Co. Ltd. | 9706 | 374494 |
|  | Vitzro Tech Co. Ltd. | 82846 | 511868 |
| # | Vitzrocell Co. Ltd. | 81762 | 1568775 |
| #\* | VM, Inc. | 53855 | 906938 |
| #\* | VT Co. Ltd. | 118299 | 2070093 |
| # | Webcash Corp. | 29097 | 227503 |
| # | Webzen, Inc. | 78977 | 668340 |
| \*†† | Wellbiotec Co. Ltd. | 230618 | 16510 |
| \* | Wemade Co. Ltd. | 5767 | 108449 |
| # | Whanin <br> Pharmaceutical Co. <br> Ltd.<br>| 74598 | 596480 |
| # | WINS Technet Co. <br> Ltd.<br>| 64096 | 543882 |
|  | WiSoL Co. Ltd. | 125674 | 498027 |
| #\* | Won Ik Corp. | 11615 | 66046 |
|  | Won Tech Co. Ltd. | 211414 | 1259780 |
| #\* | Wonik Holdings Co. <br> Ltd.<br>| 230899 | 4417666 |
| # | WONIK IPS Co. Ltd. | 89127 | 3997457 |
| # | Wonik Materials Co. <br> Ltd.<br>| 48585 | 1102539 |
| # | Wonik QnC Corp. | 91432 | 1495922 |
| # | Woojin, Inc. | 84191 | 895698 |
| #\* | Woongjin Co. Ltd. | 109041 | 302817 |
| # | Woongjin Thinkbig Co. <br> Ltd.<br>| 375295 | 383182 |
| #\* | Wooree Bio Co. Ltd. | 271012 | 401612 |
| # | Woori Financial <br> Group, Inc. (316140 <br> KS)<br>| 2702534 | 48109689 |
| \* | Woori Technology <br> Investment Co. Ltd.<br>| 56732 | 356289 |
| #\* | Woori Technology, <br> Inc.<br>| 502634 | 1693683 |
|  | Woorison F&G Co. <br> Ltd.<br>| 200437 | 199695 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Woory Industrial Co. <br> Ltd.<br>| 7364 | $44572 |
| # | Wooshin Systems Co. <br> Ltd.<br>| 37474 | 176422 |
| #\* | Woosu AMS Co. Ltd. | 118992 | 242231 |
| # | Worldex Industry & <br> Trading Co. Ltd.<br>| 67705 | 1192478 |
| #\* | W-Scope Chungju <br> Plant Co. Ltd.<br>| 43952 | 242123 |
| #\* | Wysiwyg Studios Co. <br> Ltd.<br>| 398196 | 208137 |
| # | Xexymix Corp. | 77703 | 249055 |
|  | Y G-1 Co. Ltd. | 108809 | 386672 |
| \* | Y2 Solution Co. Ltd. | 23924 | 50673 |
| #\* | YC Corp. | 64319 | 653615 |
| # | Y-entec Co. Ltd. | 56856 | 239335 |
| \* | Yest Co. Ltd. | 3159 | 39142 |
| # | YG Entertainment, <br> Inc.<br>| 43323 | 2780439 |
| #\* | YG PLUS | 135962 | 677905 |
|  | YMC Co. Ltd. | 36251 | 89241 |
| #\* | YMT Co. Ltd. | 31107 | 281736 |
| # | Youlchon Chemical <br> Co. Ltd.<br>| 24264 | 537477 |
|  | Young Poong Corp. | 25318 | 870259 |
| # | Youngone Corp. | 159825 | 6480512 |
| # | Youngone Holdings <br> Co. Ltd.<br>| 49015 | 4885529 |
| \* | YTN Co. Ltd. | 12525 | 23906 |
| # | Yuanta Securities <br> Korea Co. Ltd.<br>| 606739 | 1642898 |
| # | Yuhan Corp. | 28009 | 2317206 |
|  | YuHwa Securities Co. <br> Ltd.<br>| 32205 | 60942 |
| #\* | Yungjin <br> Pharmaceutical Co. <br> Ltd.<br>| 219028 | 316428 |
|  | Yunsung F&C Co. <br> Ltd.<br>| 1649 | 43833 |
| # | Zeus Co. Ltd. | 121593 | 1314891 |
| # | Zinus, Inc. | 56501 | 546871 |
| TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 4061134501 |
| TAIWAN — (20.0%) | TAIWAN — (20.0%) | TAIWAN — (20.0%) | TAIWAN — (20.0%) |
| # | 104 Corp. | 30000 | 218663 |
| # | 91APP, Inc. | 323000 | 756233 |
| # | Aaeon Technology, <br> Inc.<br>| 77680 | 340742 |
| # | ABC Taiwan <br> Electronics Corp.<br>| 503402 | 383751 |
|  | Abico Avy Co. Ltd. | 860448 | 1391014 |
| # | Ability Enterprise Co. <br> Ltd.<br>| 1982007 | 5500301 |

---

612

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Ability <br> Opto-Electronics <br> Technology Co. <br> Ltd.<br>| 275471 | $880557 |
|  | Abnova Corp. | 107000 | 88107 |
| # | AcBel Polytech, Inc. | 4507033 | 6355703 |
|  | Accton Technology <br> Corp.<br>| 1267369 | 44074906 |
| # | Ace Pillar Co. Ltd. | 47000 | 134955 |
|  | Acer Cyber Security, <br> Inc.<br>| 6446 | 36948 |
| # | Acer E-Enabling <br> Service Business, <br> Inc.<br>| 63000 | 470338 |
| # | Acer, Inc. | 9499595 | 9255696 |
| # | ACES Electronic Co. <br> Ltd.<br>| 878044 | 1955483 |
| \* | Acme Electronics <br> Corp.<br>| 41000 | 38787 |
| \* | Acon Holding, Inc. | 1679955 | 449338 |
| # | Acter Group Corp. <br> Ltd.<br>| 653122 | 16302670 |
| # | Action Electronics Co. <br> Ltd.<br>| 1305000 | 478092 |
| # | Actron Technology <br> Corp.<br>| 316018 | 1425247 |
|  | ADATA Technology <br> Co. Ltd.<br>| 2002501 | 12855158 |
| # | Addcn Technology Co. <br> Ltd.<br>| 207776 | 1182996 |
| #\* | Adimmune Corp. | 998000 | 617020 |
| # | Adlink Technology, <br> Inc.<br>| 274000 | 526834 |
| # | Advanced Analog <br> Technology, Inc.<br>| 42000 | 63149 |
| # | Advanced Ceramic X <br> Corp.<br>| 265000 | 1022485 |
| # | Advanced Energy <br> Solution Holding <br> Co. Ltd.<br>| 166000 | 6319257 |
| # | Advanced <br> International <br> Multitech Co. Ltd.<br>| 1064000 | 2063663 |
| #\* | Advanced <br> Optoelectronic <br> Technology, Inc.<br>| 728000 | 358918 |
| # | Advanced Power <br> Electronics Corp.<br>| 461000 | 1526292 |
| # | Advancetek Enterprise <br> Co. Ltd.<br>| 2030662 | 2320677 |
|  | Advantech Co. Ltd. | 758940 | 7708839 |
|  | AEON Motor Co. Ltd. | 335000 | 312371 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Aerospace Industrial <br> Development Corp.<br>| 2910000 | $4987040 |
| # | AGV Products Corp. | 3163603 | 1058695 |
| # | AIC, Inc. | 30000 | 369336 |
| # | Air Asia Co. Ltd. | 84000 | 140597 |
|  | Airoha Technology <br> Corp.<br>| 6000 | 97146 |
| # | Airtac International <br> Group<br>| 419335 | 12368270 |
| # | Alchip Technologies <br> Ltd.<br>| 136000 | 15321613 |
| # | Alexander Marine Co. <br> Ltd.<br>| 129563 | 818953 |
| #\* | ALI Corp. | 200953 | 183794 |
| # | Allied Circuit Co. Ltd. | 197356 | 1089439 |
| # | Allied Supreme Corp. | 295000 | 2364050 |
|  | Allis Electric Co. Ltd. | 1059043 | 3789936 |
|  | Allmind Holdings <br> Corp.<br>| 35000 | 66046 |
| # | Alltek Technology <br> Corp.<br>| 1298506 | 1347316 |
| # | Alltop Technology Co. <br> Ltd.<br>| 281531 | 2257170 |
| # | Alpha Networks, Inc. | 1563873 | 1643649 |
| # | Altek Corp. | 2013985 | 3232399 |
| # | Amazing <br> Microelectronic <br> Corp.<br>| 524849 | 1700691 |
| # | Ambassador Hotel  | 1701000 | 2374108 |
| # | AMPACS Corp. | 405000 | 385320 |
| # | Ampak Technology, <br> Inc.<br>| 192000 | 424485 |
| # | Ampire Co. Ltd. | 691000 | 566173 |
| # | Ample Electronic <br> Technology Co. <br> Ltd.<br>| 26250 | 145982 |
| # | AMPOC Far-East Co. <br> Ltd.<br>| 675400 | 1980461 |
|  | AmTRAN Technology <br> Co. Ltd.<br>| 3912897 | 1782811 |
| \* | Amulaire Thermal <br> Technology, Inc.<br>| 97000 | 114746 |
| # | Anderson Industrial <br> Corp.<br>| 245247 | 113951 |
|  | Anji Technology Co. <br> Ltd.<br>| 505933 | 611049 |
|  | Aopen, Inc. | 98000 | 153939 |
| # | Apac Opto <br> Electronics, Inc.<br>| 277000 | 723937 |
| # | Apacer Technology, <br> Inc.<br>| 712005 | 2386642 |
| # | APAQ Technology Co. <br> Ltd.<br>| 118000 | 705550 |
| # | APCB, Inc. | 907000 | 430976 |

---

613

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Apex Biotechnology <br> Corp.<br>| 474625 | $507081 |
| # | Apex Dynamics, Inc. | 52000 | 1126431 |
| #\* | Apex International Co. <br> Ltd.<br>| 1309074 | 883367 |
| # | Apex Science & <br> Engineering<br>| 761437 | 272026 |
|  | ARBOR Technology <br> Corp.<br>| 136000 | 179969 |
| # | Arcadyan Technology <br> Corp.<br>| 1088759 | 7115206 |
|  | Ardentec Corp. | 4343993 | 13163558 |
| # | ARES International <br> Corp.<br>| 103000 | 169427 |
| # | Argosy Research, <br> Inc.<br>| 414391 | 2464063 |
|  | Arizon RFID <br> Technology Cayman <br> Co. Ltd.<br>| 3000 | 13692 |
| # | ASE Technology <br> Holding Co. Ltd.<br>| 10742387 | 85947270 |
|  | Asia Cement Corp. | 7878655 | 9286140 |
| # | Asia Electronic <br> Material Co. Ltd.<br>| 573000 | 427240 |
| # | Asia Optical Co., Inc. | 1373000 | 6963880 |
| \* | Asia Plastic Recycling <br> Holding Ltd.<br>| 1370533 | 220992 |
| # | Asia Polymer Corp. | 2746858 | 1118623 |
| # | Asia Tech Image, Inc. | 408000 | 1009115 |
|  | Asia Vital <br> Components Co. <br> Ltd.<br>| 762183 | 34893230 |
| # | ASIX Electronics <br> Corp.<br>| 199000 | 614655 |
|  | ASMedia Technology, <br> Inc.<br>| 45048 | 2103326 |
| # | ASolid Technology Co. <br> Ltd.<br>| 210000 | 536042 |
|  | ASPEED Technology, <br> Inc.<br>| 116098 | 20589174 |
|  | ASROCK, Inc. | 389000 | 4046672 |
|  | Asustek Computer, <br> Inc.<br>| 1444861 | 32641573 |
| # | ATE Energy <br> International Co. <br> Ltd.<br>| 481000 | 468722 |
| # | Aten International Co. <br> Ltd.<br>| 583715 | 1148642 |
| # | Auden Techno Corp. | 143000 | 450106 |
| # | Audix Corp. | 582375 | 1222215 |
| # | AUO Corp. (2409 TT) | 23127198 | 9094642 |
|  | AURAS Technology <br> Co. Ltd.<br>| 113303 | 3857313 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Aurona Industries, <br> Inc.<br>| 433000 | $392418 |
| # | Aurora Corp. | 341258 | 639381 |
| # | Avalue Technology, <br> Inc.<br>| 368000 | 1329921 |
|  | AVer Information, Inc. | 62000 | 59468 |
| # | Avermedia <br> Technologies<br>| 554000 | 705981 |
| # | Awea Mechantronic <br> Co. Ltd.<br>| 149062 | 130035 |
| # | Axiomtek Co. Ltd. | 476659 | 1269555 |
| # | Azurewave <br> Technologies, Inc.<br>| 523000 | 1237620 |
| # | Bafang Yunji <br> International Co. <br> Ltd.<br>| 272000 | 1702042 |
|  | Bank of Kaohsiung <br> Co. Ltd.<br>| 5652887 | 2223293 |
| # | Basso Industry Corp. | 886284 | 938934 |
| # | BenQ Materials Corp. | 1283000 | 866010 |
| #\* | BES Engineering <br> Corp.<br>| 9349050 | 4653716 |
| #\* | Billion Electric Co. <br> Ltd.<br>| 404000 | 310664 |
| #\* | Bin Chuan Enterprise <br> Co. Ltd.<br>| 663257 | 1432393 |
|  | B'in Live Co. Ltd. | 51897 | 132633 |
|  | Bionet Corp. | 12945 | 43527 |
| #\* | Bionime Corp. | 212271 | 424247 |
| #\* | Biostar Microtech <br> International Corp.<br>| 851712 | 628964 |
| # | Bioteque Corp. | 406680 | 1626814 |
| # | Bizlink Holding, Inc. | 1021782 | 45927370 |
| # | Bon Fame Co. Ltd. | 163000 | 271029 |
| # | Bonny Worldwide Ltd. | 26000 | 131067 |
| # | Bora Pharmaceuticals <br> Co. Ltd.<br>| 221883 | 4477380 |
| # | Brave C&H Supply <br> Co. Ltd.<br>| 157000 | 370246 |
| # | Bright Led Electronics <br> Corp.<br>| 567180 | 376949 |
| # | Brightek <br> Optoelectronic Co. <br> Ltd.<br>| 207000 | 279087 |
| # | Brighten Optix Corp. | 56099 | 361788 |
|  | Brighton-Best <br> International <br> Taiwan, Inc.<br>| 2965749 | 3229210 |
|  | Brillian Network & <br> Automation <br> Integrated System <br> Co. Ltd.<br>| 44540 | 343059 |
| # | Brogent Technologies, <br> Inc.<br>| 41000 | 126607 |

---

614

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | C Sun Manufacturing <br> Ltd.<br>| 644258 | $3681565 |
| #\* | Calin Technology Co. <br> Ltd.<br>| 349000 | 383680 |
|  | Calitech Co. Ltd. | 51000 | 93965 |
| \* | Caliway <br> Biopharmaceuticals <br> Co. Ltd.<br>| 111000 | 538460 |
| \* | Cameo <br> Communications, <br> Inc.<br>| 1466435 | 476319 |
| # | Capital Futures Corp. | 784187 | 1260358 |
| # | Capital Securities <br> Corp.<br>| 10784614 | 8556587 |
| #\* | Career Technology <br> MFG. Co. Ltd.<br>| 3697993 | 1777137 |
| #\* | Carnival Industrial <br> Corp.<br>| 544530 | 143998 |
| \* | Casing Macron <br> Technology Co. <br> Ltd.<br>| 16000 | 8889 |
| # | Castles Technology <br> Co. Ltd.<br>| 481940 | 1111680 |
| # | Caswell, Inc. | 284000 | 774441 |
| # | Catcher Technology <br> Co. Ltd.<br>| 2242872 | 14462586 |
|  | Cathay Chemical <br> Works<br>| 106000 | 154767 |
| # | Cathay Consolidated, <br> Inc.<br>| 38099 | 100143 |
| # | Cathay Financial <br> Holding Co. Ltd.<br>| 14085826 | 29232199 |
|  | Cathay Real Estate <br> Development Co. <br> Ltd.<br>| 4322600 | 3204736 |
| #\* | Cayman Engley <br> Industrial Co. Ltd.<br>| 316801 | 305700 |
| #\* | CCP Contact Probes <br> Co. Ltd.<br>| 445313 | 782408 |
| # | Celxpert Energy <br> Corp.<br>| 599690 | 792133 |
| # | Cenra, Inc. | 829000 | 915266 |
| # | Center Laboratories, <br> Inc.<br>| 3552913 | 3922057 |
| # | Central Reinsurance <br> Co. Ltd.<br>| 2311575 | 1843285 |
|  | Century Iron & Steel <br> Industrial Co. Ltd.<br>| 1040000 | 5173570 |
| # | Chailease Holding Co. <br> Ltd.<br>| 5484690 | 18332977 |
| # | Chain Chon Industrial <br> Co. Ltd.<br>| 1092483 | 390169 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| #\* | ChainQui Construction <br> Development Co. <br> Ltd.<br>| 753946 | $362137 |
| # | Chaintech Technology <br> Corp.<br>| 245000 | 231805 |
| # | Champion Building <br> Materials Co. Ltd.<br>| 1595451 | 471077 |
| # | Champion <br> Microelectronic <br> Corp.<br>| 98000 | 233264 |
|  | Chang Hwa <br> Commercial Bank <br> Ltd.<br>| 15857714 | 10198642 |
| # | Chang Wah <br> Electromaterials, <br> Inc.<br>| 2458190 | 3609654 |
| # | Chang Wah <br> Technology Co. <br> Ltd.<br>| 2356450 | 3081286 |
| # | Channel Well <br> Technology Co. <br> Ltd.<br>| 1329000 | 3329251 |
| # | Chant Sincere Co. <br> Ltd.<br>| 158000 | 205623 |
|  | Charoen Pokphand <br> Enterprise<br>| 1376582 | 6128768 |
|  | Chateau International <br> Development Co. <br> Ltd.<br>| 12810 | 11346 |
| # | CHC Healthcare <br> Group<br>| 749000 | 1048790 |
|  | CHC Resources <br> Corp.<br>| 481048 | 1098680 |
| # | Chen Full International <br> Co. Ltd.<br>| 574000 | 744517 |
|  | Chenbro Micom Co. <br> Ltd.<br>| 229000 | 6842921 |
| # | Cheng Fwa Industrial <br> Co. Ltd.<br>| 381000 | 265171 |
| # | Cheng Loong Corp. | 6099160 | 3386278 |
| #\* | Cheng Mei Materials <br> Technology Corp.<br>| 3635574 | 1617540 |
|  | Cheng Shin Rubber <br> Industry Co. Ltd.<br>| 8465508 | 8776031 |
| # | Cheng Uei Precision <br> Industry Co. Ltd.<br>| 3027630 | 4840535 |
| # | Chenming Electronic <br> Technology Corp.<br>| 489708 | 1965731 |
|  | Chia Chang Co. Ltd. | 855000 | 1150484 |
| # | Chia Hsin Cement <br> Corp.<br>| 3137921 | 1319493 |
|  | Chialin Precision <br> Industrial Co. Ltd.<br>| 4000 | 8476 |

---

615

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Chicony Electronics <br> Co. Ltd.<br>| 2686689 | $11330132 |
| # | Chicony Power <br> Technology Co. <br> Ltd.<br>| 1134696 | 3318589 |
|  | Chief Telecom, Inc. | 136900 | 1607569 |
|  | Chien Kuo <br> Construction Co. <br> Ltd.<br>| 922691 | 779796 |
| # | Chien Shing Harbour <br> Service Co. Ltd.<br>| 206000 | 288192 |
| # | Chime Ball <br> Technology Co. <br> Ltd.<br>| 113282 | 126867 |
| # | China Airlines Ltd. | 17919057 | 11617070 |
| # | China Bills Finance <br> Corp.<br>| 3892000 | 2106875 |
|  | China Container <br> Terminal Corp.<br>| 399000 | 330687 |
|  | China Ecotek Corp. | 171000 | 307333 |
| # | China Electric <br> Manufacturing <br> Corp.<br>| 1740658 | 714677 |
| # | China Fineblanking <br> Technology Co. <br> Ltd.<br>| 281009 | 231721 |
| # | China General <br> Plastics Corp.<br>| 2985607 | 1075952 |
| # | China Glaze Co. Ltd. | 774022 | 462008 |
| #\* | China Man-Made <br> Fiber Corp.<br>| 8540227 | 1732910 |
| # | China Metal Products | 2311405 | 1971522 |
| # | China Motor Corp. | 1469286 | 2781030 |
| #\* | China Petrochemical <br> Development Corp.<br>| 25757099 | 6272628 |
| # | China Steel Chemical <br> Corp.<br>| 1056998 | 2796908 |
| # | China Steel Corp. | 26850440 | 16201661 |
| # | China Steel Structure <br> Co. Ltd.<br>| 530000 | 708423 |
| # | China Wire & Cable <br> Co. Ltd.<br>| 671680 | 832290 |
|  | Chinese Maritime <br> Transport Ltd.<br>| 573964 | 1065669 |
| # | Ching Feng Home <br> Fashions Co. Ltd.<br>| 861860 | 553525 |
| # | Chin-Poon Industrial <br> Co. Ltd.<br>| 2600617 | 2765791 |
| \* | Chip Hope Co. Ltd. | 107000 | 177992 |
| # | Chipbond Technology <br> Corp.<br>| 4727000 | 9147955 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | ChipMOS <br> Technologies, Inc. <br> (8150 TT)<br>| 3976155 | $4182934 |
|  | ChipMOS <br> Technologies, Inc. <br> (IMOS US), ADR<br>| 60690 | 1292099 |
| # | Chlitina Holding Ltd. | 361596 | 1174305 |
|  | Chong Hong <br> Construction Co. <br> Ltd.<br>| 1395739 | 3569971 |
|  | Chroma ATE, Inc. | 704705 | 18658252 |
| # | Chun YU Works & Co. <br> Ltd.<br>| 1438500 | 735946 |
|  | Chun Yuan Steel <br> Industry Co. Ltd.<br>| 3122177 | 1940768 |
| #\* | Chung Hung Steel <br> Corp.<br>| 5408926 | 2596234 |
|  | Chung Hwa Food <br> Industrial Co. Ltd.<br>| 111226 | 312225 |
| \* | Chung Hwa Pulp <br> Corp.<br>| 2739308 | 1111293 |
|  | Chung Lien Co. Ltd. | 24000 | 29018 |
|  | Chung Tai Resource <br> Technology Corp.<br>| 25000 | 80625 |
|  | Chung-Hsin Electric & <br> Machinery <br> Manufacturing <br> Corp.<br>| 2139500 | 10621589 |
|  | Chunghwa Chemical <br> Synthesis & Biotech <br> Co. Ltd.<br>| 385000 | 322898 |
| # | Chunghwa Precision <br> Test Tech Co. Ltd.<br>| 84000 | 4374933 |
|  | Chunghwa Telecom <br> Co. Ltd. (2412 TT)<br>| 5266000 | 22438183 |
|  | Chunghwa Telecom <br> Co. Ltd. (CHT US), <br> Sponsored ADR<br>| 64401 | 2742194 |
|  | Chyang Sheng Texing <br> Co. Ltd.<br>| 1336000 | 737742 |
| # | CKM Applied <br> Materials Corp.<br>| 145000 | 132447 |
|  | Cleanaway Co. Ltd. <br> (8422 TT)<br>| 537000 | 4217380 |
|  | Clevo Co. | 3005482 | 3857480 |
| # | CMC Magnetics <br> Corp.<br>| 7080967 | 2095612 |
|  | C-Media Electronics, <br> Inc.<br>| 11000 | 14573 |
| # | CoAsia Electronics <br> Corp.<br>| 524793 | 917535 |
|  | Collins Co. Ltd. | 789060 | 349535 |

---

616

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Compal Electronics, <br> Inc.<br>| 14594560 | $15595048 |
|  | Compeq <br> Manufacturing Co. <br> Ltd.<br>| 4820000 | 13622497 |
|  | Complex Micro <br> Interconnection Co. <br> Ltd.<br>| 30000 | 38025 |
| # | Compucase <br> Enterprise<br>| 466000 | 1506702 |
|  | Comtrend Corp. | 33750 | 37231 |
|  | Concord International <br> Securities Co. Ltd.<br>| 658807 | 342362 |
| # | Concord Securities <br> Co. Ltd.<br>| 4466004 | 1847551 |
| # | Continental Holdings <br> Corp.<br>| 2637250 | 1855110 |
| # | Contrel Technology <br> Co. Ltd.<br>| 1064000 | 1359153 |
| # | Coremax Corp. | 449486 | 936444 |
| # | Coretronic Corp. | 2117600 | 6004468 |
| # | Co-Tech Development <br> Corp.<br>| 1578800 | 11987718 |
|  | Coxon Precise <br> Industrial Co. Ltd.<br>| 258000 | 108057 |
|  | Creative Sensor, Inc. | 12600 | 21794 |
| # | Crowell Development <br> Corp.<br>| 462400 | 464246 |
| # | Cryomax Cooling <br> System Corp.<br>| 78565 | 102319 |
| \* | CSBC Corp. Taiwan | 244371 | 155036 |
|  | CTBC Financial <br> Holding Co. Ltd.<br>| 55387931 | 75221365 |
|  | CTCI Advanced <br> Systems, Inc.<br>| 33000 | 187796 |
| # | CTCI Corp. | 4398437 | 4360276 |
| # | CTI Traffic Industries <br> Co. Ltd.<br>| 156000 | 501318 |
| # | Cub Elecparts, Inc. | 187000 | 616052 |
|  | CviLux Corp. | 659378 | 1753757 |
| # | CX Technology Co. <br> Ltd.<br>| 133875 | 104995 |
| # | Cyberlink Corp. | 205504 | 625690 |
|  | CyberPower Systems, <br> Inc.<br>| 345450 | 2677909 |
| #\* | CyberTAN Technology, <br> Inc.<br>| 2354873 | 2033391 |
| #\* | Cypress Technology <br> Co. Ltd.<br>| 284589 | 225326 |
| # | Cystech Electronics <br> Corp.<br>| 99801 | 245173 |
| # | DA CIN Construction <br> Co. Ltd.<br>| 1642247 | 3500431 |
| # | Dafeng TV Ltd. | 411061 | 655371 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Dah San Electric Wire <br> & Cable Co. Ltd.<br>| 427627 | $639870 |
| # | Da-Li Development <br> Co. Ltd.<br>| 2626741 | 4206143 |
| # | Darfon Electronics <br> Corp.<br>| 1585700 | 1852603 |
|  | Darwin Precisions <br> Corp.<br>| 2495073 | 906103 |
|  | Data Image Corp. | 25000 | 34943 |
|  | Davicom <br> Semiconductor, Inc.<br>| 27000 | 21701 |
| # | Daxin Materials Corp. | 312500 | 3858529 |
| # | De Licacy Industrial <br> Co. Ltd.<br>| 1888592 | 667916 |
|  | Delpha Construction <br> Co. Ltd.<br>| 983000 | 945101 |
|  | Delta Electronics, Inc. | 1741028 | 55998192 |
| # | Depo Auto Parts Ind <br> Co. Ltd.<br>| 874634 | 3874621 |
|  | Desiccant Technology <br> Corp.<br>| 4400 | 21057 |
| # | DFI, Inc. | 71000 | 157190 |
|  | Dimerco Data System <br> Corp.<br>| 218686 | 867271 |
| # | Dimerco Express <br> Corp.<br>| 1179158 | 3082687 |
|  | DingZing Advanced <br> Materials, Inc.<br>| 4000 | 12696 |
| # | D-Link Corp. | 3535537 | 1910686 |
| # | Donpon Precision, <br> Inc.<br>| 312200 | 482431 |
| # | Dr. Wu Skincare Co. <br> Ltd.<br>| 153000 | 599351 |
| # | Draytek Corp. | 321000 | 284616 |
| # | Drewloong Precision, <br> Inc.<br>| 171241 | 841882 |
| # | Dyaco International, <br> Inc.<br>| 650093 | 480409 |
| # | Dynamic Holding Co. <br> Ltd.<br>| 1787693 | 5196082 |
|  | Dynamic Medical <br> Technologies, Inc.<br>| 73326 | 160212 |
| # | Dynapack <br> International <br> Technology Corp.<br>| 1030000 | 10227621 |
|  | E Ink Holdings, Inc. | 1230000 | 8449995 |
|  | E.Sun Financial <br> Holding Co. Ltd.<br>| 29019250 | 28031012 |
| # | Eastech Holding Ltd. | 270000 | 953411 |
|  | Eastern Media <br> International Corp.<br>| 1920480 | 1286562 |
| # | Eclat Textile Co. Ltd. | 614518 | 8167260 |

---

617

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | eCloudvalley Digital <br> Technology Co. <br> Ltd.<br>| 17000 | $39563 |
| # | ECOVE Environment <br> Corp.<br>| 209000 | 1963715 |
| # | Edimax Technology <br> Co. Ltd.<br>| 1230423 | 788428 |
| # | Edison Opto Corp. | 714345 | 414703 |
| #\* | Edom Technology Co. <br> Ltd.<br>| 1339141 | 1645217 |
| # | eGalax_eMPIA <br> Technology, Inc.<br>| 351267 | 434426 |
| #\* | Egis Technology, Inc. | 280000 | 1246331 |
| \* | EirGenix, Inc. | 59000 | 128288 |
| # | Elan Microelectronics <br> Corp.<br>| 1571026 | 6309623 |
| # | E-Lead Electronic Co. <br> Ltd.<br>| 355746 | 508769 |
| # | E-LIFE MALL Corp. | 520000 | 1120064 |
| # | Elite Advanced Laser <br> Corp.<br>| 398320 | 3516108 |
|  | Elite Material Co. Ltd. | 790839 | 34746053 |
| # | Elite Semiconductor <br> Microelectronics <br> Technology, Inc.<br>| 1357390 | 3953447 |
| # | Elitegroup Computer <br> Systems Co. Ltd.<br>| 1994028 | 1310354 |
| # | eMemory Technology, <br> Inc.<br>| 180000 | 11591623 |
| # | Emerging Display <br> Technologies Corp.<br>| 865000 | 579523 |
|  | Ennoconn Corp. | 693298 | 6570211 |
| # | Ennostar, Inc. | 4657431 | 5177474 |
|  | EnTie Commercial <br> Bank Co. Ltd.<br>| 2316166 | 992681 |
|  | EOI Investment <br> Holdings Co. Ltd.<br>| 158000 | 96884 |
| #\* | Epileds Technologies, <br> Inc.<br>| 484000 | 305187 |
| #\* | Episil Technologies, <br> Inc.<br>| 69000 | 126241 |
| # | Episil-Precision, Inc. | 745015 | 1353909 |
| # | Eris Technology Corp. | 141689 | 749600 |
| # | Eson Precision Ind <br> Co. Ltd.<br>| 812000 | 2174271 |
| # | Eternal Materials Co. <br> Ltd.<br>| 6250099 | 8279852 |
| #\* | Etron Technology, <br> Inc.<br>| 180000 | 212741 |
| # | Eurocharm Holdings <br> Co. Ltd.<br>| 204000 | 819994 |
|  | Eva Airways Corp. | 16480695 | 19346133 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Ever Supreme Bio <br> Technology Co. <br> Ltd.<br>| 154606 | $811257 |
| \* | Everest Textile Co. <br> Ltd.<br>| 3451829 | 635110 |
|  | Evergreen Aviation <br> Technologies Corp.<br>| 690000 | 3314693 |
| # | Evergreen <br> International <br> Storage & Transport <br> Corp.<br>| 1731000 | 3220630 |
| # | Evergreen Marine <br> Corp. Taiwan Ltd.<br>| 2949568 | 18502987 |
| # | EVERGREEN Steel <br> Corp.<br>| 1127000 | 3891269 |
| # | Everlight Chemical <br> Industrial Corp.<br>| 2990756 | 1815988 |
| # | Everlight Electronics <br> Co. Ltd.<br>| 3453570 | 6567518 |
| #\* | Everspring Industry <br> Co. Ltd.<br>| 467300 | 149700 |
| # | Evertop Wire Cable <br> Corp.<br>| 709000 | 781426 |
| # | Excel Cell Electronic <br> Co. Ltd.<br>| 135000 | 90179 |
| # | Excelsior Medical Co. <br> Ltd.<br>| 1080863 | 2983166 |
| \* | Falcon Machine Tools <br> Co. Ltd.<br>| 26000 | 15742 |
|  | Far Eastern <br> Department Stores <br> Ltd.<br>| 8012000 | 5632159 |
|  | Far Eastern <br> International Bank<br>| 23213575 | 9536158 |
|  | Far Eastern New <br> Century Corp.<br>| 11858705 | 10204891 |
|  | Far EasTone <br> Telecommunications <br> Co. Ltd.<br>| 6061391 | 18203262 |
| # | Faraday Technology <br> Corp.<br>| 842837 | 4975637 |
|  | Farcent Enterprise Co. <br> Ltd.<br>| 43000 | 72988 |
| # | Farglory F T Z <br> Investment Holding <br> Co. Ltd.<br>| 960653 | 1512770 |
| # | Farglory Land <br> Development Co. <br> Ltd.<br>| 1494105 | 2617703 |
| # | FDC International <br> Hotels Corp.<br>| 86000 | 123914 |
|  | Feature Integration <br> Technology, Inc.<br>| 13000 | 30262 |

---

618

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| #\* | Federal Corp. | 2382938 | $1527975 |
| # | Feedback Technology <br> Corp.<br>| 241070 | 844101 |
|  | Feng Hsin Steel Co. <br> Ltd.<br>| 2993131 | 6156740 |
|  | Feng TAY Enterprise <br> Co. Ltd.<br>| 1977959 | 7829062 |
| # | FIC Global, Inc. | 233000 | 268972 |
| \* | FineMat Applied <br> Materials Co. Ltd.<br>| 133000 | 151557 |
| # | FineTek Co. Ltd. | 137770 | 513300 |
|  | Firich Enterprises Co. <br> Ltd.<br>| 313000 | 242071 |
| # | First Copper <br> Technology Co. <br> Ltd.<br>| 458000 | 622325 |
|  | First Financial Holding <br> Co. Ltd.<br>| 27131807 | 25166396 |
| # | First Hi-Tec Enterprise <br> Co. Ltd.<br>| 518736 | 5914054 |
| # | First Hotel | 1433293 | 603521 |
| # | First Insurance Co. <br> Ltd. <br>| 1874640 | 1601576 |
| \* | First Steamship Co. <br> Ltd.<br>| 5234961 | 980116 |
| # | FIT Holding Co. Ltd. | 1082436 | 1302778 |
|  | Fitipower Integrated <br> Technology, Inc.<br>| 593700 | 2925684 |
| #\* | Fittech Co. Ltd. | 266945 | 596018 |
| \* | FLEXium <br> Interconnect, Inc.<br>| 2283724 | 4680334 |
| # | Flytech Technology <br> Co. Ltd.<br>| 706070 | 2434375 |
| # | FocalTech Systems <br> Co. Ltd.<br>| 795000 | 1522080 |
|  | Forcecon Tech Co. <br> Ltd.<br>| 539447 | 1913550 |
|  | Forest Water <br> Environment <br> Engineering Co. <br> Ltd.<br>| 253176 | 331210 |
| # | Formosa Advanced <br> Technologies Co. <br> Ltd.<br>| 1383000 | 1701777 |
| # | Formosa Chemicals & <br> Fibre Corp.<br>| 7949198 | 7521873 |
|  | Formosa International <br> Hotels Corp.<br>| 332975 | 2061170 |
| # | Formosa Laboratories, <br> Inc.<br>| 818467 | 1646671 |
|  | Formosa Oilseed <br> Processing Co. Ltd.<br>| 448517 | 445988 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Formosa Optical <br> Technology Co. <br> Ltd.<br>| 223000 | $708193 |
|  | Formosa <br> Petrochemical <br> Corp.<br>| 1843000 | 2679630 |
| # | Formosa Plastics <br> Corp.<br>| 9594770 | 11856697 |
| # | Formosa Sumco <br> Technology Corp.<br>| 324000 | 1046678 |
| # | Formosa Taffeta Co. <br> Ltd.<br>| 5250460 | 2539559 |
| # | Formosan Rubber <br> Group, Inc.<br>| 1503128 | 1160189 |
|  | Formosan Union <br> Chemical Corp.<br>| 2423936 | 1310229 |
|  | Fortune Electric Co. <br> Ltd.<br>| 496687 | 11483615 |
| \* | Forward Electronics <br> Co. Ltd.<br>| 13000 | 7668 |
|  | Fositek Corp. | 52000 | 2437731 |
| # | Founding Construction <br> & Development Co. <br> Ltd.<br>| 1374882 | 665812 |
| # | Foxconn Technology <br> Co. Ltd.<br>| 3063241 | 7080827 |
| # | Foxsemicon <br> Integrated <br> Technology, Inc.<br>| 544402 | 6524893 |
| # | Franbo Lines Corp. | 1655881 | 1160521 |
| # | Froch Enterprise Co. <br> Ltd.<br>| 1489384 | 672317 |
| # | FSP Technology, Inc. | 887619 | 1744446 |
| # | Fu Chun Shin <br> Machinery <br> Manufacture Co. <br> Ltd.<br>| 603409 | 382903 |
| # | Fu Hua Innovation Co. <br> Ltd.<br>| 2931398 | 1865694 |
|  | Fubon Financial <br> Holding Co. Ltd.<br>| 14957009 | 44266258 |
| # | Fulgent Sun <br> International <br> Holding Co. Ltd.<br>| 1178025 | 3666184 |
| # | Fullerton Technology <br> Co. Ltd.<br>| 667670 | 510250 |
| #\* | Fulltech Fiber Glass <br> Corp.<br>| 3340554 | 7817673 |
|  | Fusheng Precision <br> Co. Ltd.<br>| 678000 | 5332633 |
| # | Fwusow Industry Co. <br> Ltd.<br>| 1476109 | 654457 |

---

619

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | G Shank Enterprise <br> Co. Ltd.<br>| 1186562 | $3702584 |
| # | Galaxy Software <br> Services Corp.<br>| 22044 | 92204 |
| # | Gallant Micro <br> Machining Co. Ltd.<br>| 16000 | 328194 |
| # | Gamania Digital <br> Entertainment Co. <br> Ltd.<br>| 971000 | 1872173 |
| #\* | GCS Holdings, Inc. | 401000 | 2364394 |
| # | GEM Services, Inc. | 453970 | 1201512 |
| \* | GEM Terminal <br> Industrial Co. Ltd.<br>| 148000 | 79668 |
| # | Gemtek Technology <br> Corp.<br>| 2619574 | 2223932 |
| \* | General Interface <br> Solution GIS <br> Holding Ltd.<br>| 1920000 | 3074942 |
| # | General Plastic <br> Industrial Co. Ltd.<br>| 631478 | 576046 |
| # | Generalplus <br> Technology, Inc.<br>| 436000 | 553825 |
| \* | GeneReach <br> Biotechnology <br> Corp.<br>| 76182 | 61296 |
| # | Genesys Logic, Inc. | 325000 | 1134561 |
| # | Genius Electronic <br> Optical Co. Ltd.<br>| 666576 | 9057544 |
|  | Genmont Biotech, <br> Inc.<br>| 55314 | 33372 |
|  | Genovate <br> Biotechnology Co. <br> Ltd.<br>| 391038 | 253275 |
| # | GeoVision, Inc. | 416377 | 624515 |
|  | Getac Holdings Corp. | 2306281 | 10331158 |
|  | GFC Ltd. | 277400 | 1118565 |
| # | Giant Manufacturing <br> Co. Ltd.<br>| 1165355 | 3839422 |
| #\* | Giantplus Technology <br> Co. Ltd.<br>| 1916000 | 739568 |
|  | Gigabyte Technology <br> Co. Ltd.<br>| 1272750 | 11537910 |
| #\* | Gigasolar Materials <br> Corp.<br>| 214678 | 472639 |
| #\* | Gigastorage Corp. | 1251576 | 769575 |
|  | Global Brands <br> Manufacture Ltd.<br>| 2454817 | 9284134 |
| # | Global Lighting <br> Technologies, Inc.<br>| 528000 | 715807 |
| # | Global Mixed Mode <br> Technology, Inc.<br>| 516000 | 3902836 |
| # | Global PMX Co. Ltd. | 420000 | 1941900 |
| # | Global Unichip Corp. | 282000 | 13942063 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Globaltek Fabrication <br> Co. Ltd.<br>| 78000 | $142166 |
|  | Globalwafers Co. Ltd. | 920779 | 15138496 |
| # | Globe Union Industrial <br> Corp.<br>| 1815136 | 607045 |
| # | Gloria Material <br> Technology Corp.<br>| 3452885 | 3813656 |
| \* | GlycoNex, Inc. | 334828 | 250011 |
| # | GMI Technology, Inc. | 1159411 | 1464556 |
| # | Gold Circuit <br> Electronics Ltd.<br>| 1367372 | 20529939 |
|  | Golden Long Teng <br> Development Co. <br> Ltd.<br>| 14000 | 12519 |
| # | Goldsun Building <br> Materials Co. Ltd.<br>| 6445965 | 7578429 |
| # | Good Will Instrument <br> Co. Ltd.<br>| 411342 | 761358 |
| # | Gordon Auto Body <br> Parts<br>| 610000 | 628092 |
| # | Gourmet Master Co. <br> Ltd.<br>| 741102 | 1680962 |
| # | Grand Fortune <br> Securities Co. Ltd.<br>| 2170214 | 838556 |
| #\* | Grand Pacific <br> Petrochemical<br>| 7372579 | 2468869 |
| # | Grand Process <br> Technology Corp.<br>| 96000 | 4511308 |
| # | GrandTech CG <br> Systems, Inc.<br>| 331890 | 581378 |
|  | Grape King Bio Ltd. | 869000 | 3487566 |
|  | Great China Metal <br> Industry<br>| 1132000 | 739846 |
| # | Great Taipei Gas Co. <br> Ltd.<br>| 1511000 | 1473962 |
|  | Great Tree Pharmacy <br> Co. Ltd.<br>| 462953 | 1661647 |
|  | Great Wall Enterprise <br> Co. Ltd.<br>| 4359478 | 7362883 |
|  | Greatek Electronics, <br> Inc.<br>| 2374000 | 5428678 |
| # | Green World FinTech <br> Service Co. Ltd.<br>| 455000 | 880594 |
| # | Group Up Industrial <br> Co. Ltd.<br>| 308000 | 2779876 |
|  | GTM Holdings Corp. | 1004550 | 991066 |
| # | Gudeng Precision <br> Industrial Co. Ltd.<br>| 198292 | 2262266 |
| \* | Hai Kwang Enterprise <br> Corp.<br>| 195228 | 92209 |
|  | Hannstar Board Corp. | 2547164 | 7791418 |
| #\* | HannStar Display <br> Corp.<br>| 14221323 | 3297289 |

---

620

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | HannsTouch Holdings <br> Co.<br>| 3937862 | $818817 |
| # | Hanpin Electron Co. <br> Ltd.<br>| 381000 | 569300 |
|  | Harmony Electronics <br> Corp.<br>| 81000 | 69415 |
| #\* | Harvatek Corp. | 1062839 | 698673 |
| # | Heran Co. Ltd. | 160800 | 332869 |
| # | Hey Song Corp. | 1993500 | 2419248 |
|  | Hi-Clearance, Inc. | 146045 | 653222 |
| # | Highlight Tech Corp. | 499273 | 713456 |
| †† | High-Tek Harness <br> Enterprise Co. Ltd.<br>| 141000 | 6834 |
|  | Highwealth <br> Construction Corp.<br>| 6040028 | 7649854 |
| # | Hi-Lai Foods Co. Ltd. | 77000 | 400490 |
| # | HIM International <br> Music, Inc.<br>| 222200 | 675482 |
| # | Hiroca Holdings Ltd. | 466221 | 322882 |
| #\* | Hitron Technology, <br> Inc.<br>| 826997 | 651401 |
|  | Hiwin Mikrosystem <br> Corp.<br>| 13000 | 47685 |
|  | Hiwin Technologies <br> Corp.<br>| 969866 | 7002553 |
| # | Hiyes International <br> Co. Ltd.<br>| 200944 | 545704 |
| # | Ho Tung Chemical <br> Corp.<br>| 6185828 | 1647361 |
| # | Hocheng Corp. | 1552266 | 902110 |
| # | Holdings-Key Electric <br> Wire & Cable Co. <br> Ltd.<br>| 582521 | 842300 |
| # | Holiday Entertainment <br> Co. Ltd.<br>| 422390 | 832395 |
| #\* | Holtek Semiconductor, <br> Inc.<br>| 1042000 | 1368807 |
| # | Holy Stone Enterprise <br> Co. Ltd.<br>| 1022358 | 3782452 |
|  | Hon Hai Precision <br> Industry Co. Ltd. <br> (2317 TT)<br>| 17900403 | 148884478 |
| # | Hong Ho Precision <br> Textile Co. Ltd.<br>| 350000 | 207293 |
| # | Hong Pu Real Estate <br> Development Co. <br> Ltd.<br>| 1477554 | 1252764 |
|  | Hong TAI Electric <br> Industrial<br>| 1557000 | 1990405 |
|  | Hong YI Fiber Industry <br> Co.<br>| 1007680 | 378336 |
| # | Horizon Securities Co. <br> Ltd.<br>| 2505560 | 887033 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Hota Industrial <br> Manufacturing Co. <br> Ltd.<br>| 1423816 | $2744399 |
| # | Hotai Finance Co. <br> Ltd.<br>| 1025960 | 2053358 |
|  | Hotai Motor Co. Ltd. | 544180 | 9976681 |
| #\* | Hotron Precision <br> Electronic Industrial <br> Co. Ltd.<br>| 453364 | 211827 |
|  | Hsin Ba Ba Corp. | 50017 | 76553 |
| # | Hsin Kuang Steel Co. <br> Ltd.<br>| 1705000 | 2198680 |
| # | Hsin Yung Chien Co. <br> Ltd.<br>| 263510 | 771251 |
|  | Hsing TA Cement Co. | 846222 | 425606 |
| #\* | HTC Corp. | 4551619 | 7425149 |
| # | Hu Lane Associate, <br> Inc.<br>| 600067 | 2564061 |
| # | HUA ENG Wire & <br> Cable Co. Ltd.<br>| 2086000 | 2232465 |
|  | Hua Jung <br> Components Co. <br> Ltd.<br>| 34000 | 20945 |
|  | Hua Nan Financial <br> Holdings Co. Ltd.<br>| 25039278 | 23756674 |
| # | Hua Yu Lien <br> Development Co. <br> Ltd.<br>| 396863 | 801927 |
|  | Huaku Development <br> Co. Ltd.<br>| 2260272 | 7645636 |
| # | Huang Hsiang <br> Construction Corp.<br>| 482882 | 646638 |
|  | Huikwang Corp. | 57000 | 45544 |
| # | Hung Ching <br> Development & <br> Construction Co. <br> Ltd.<br>| 933000 | 826883 |
| # | Hung Sheng <br> Construction Ltd.<br>| 2917603 | 2020997 |
| # | Huxen Corp. | 276072 | 434491 |
| # | Hwa Fong Rubber <br> Industrial Co. Ltd.<br>| 1294096 | 635173 |
| # | Hwacom Systems, <br> Inc.<br>| 460000 | 364566 |
| # | Hwang Chang <br> General Contractor <br> Co. Ltd.<br>| 252599 | 567846 |
| # | Ibase Technology, <br> Inc.<br>| 559345 | 888964 |
| # | IBF Financial Holdings <br> Co. Ltd.<br>| 19142434 | 9478794 |
| \* | IC Plus Corp. | 21000 | 34798 |

---

621

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | ICARES Medicus, <br> Inc.<br>| 22660 | $65244 |
| # | Ichia Technologies, <br> Inc.<br>| 1688255 | 2783487 |
| # | I-Chiun Precision <br> Industry Co. Ltd.<br>| 897784 | 2134923 |
| \* | Ideal Bike Corp. | 684324 | 134188 |
| # | IEI Integration Corp. | 936173 | 2034065 |
| # | In Win Development, <br> Inc.<br>| 90000 | 238567 |
| # | Inergy Technology, <br> Inc.<br>| 43000 | 98739 |
| # | Infortrend Technology, <br> Inc.<br>| 1508866 | 1121670 |
| # | Info-Tek Corp. | 488000 | 578916 |
| # | Ingentec Corp. | 81780 | 663013 |
|  | Innodisk Corp. | 580441 | 8101967 |
| # | Innolux Corp. | 26643761 | 11475065 |
| # | Inpaq Technology Co. <br> Ltd.<br>| 607199 | 1710358 |
| # | Insyde Software <br> Corp.<br>| 181200 | 1336284 |
| # | Intai Technology <br> Corp.<br>| 244800 | 794953 |
| # | Integrated Service <br> Technology, Inc.<br>| 752633 | 2695230 |
| #\* | IntelliEPI, Inc. | 95000 | 481583 |
|  | Interactive Digital <br> Technologies, Inc.<br>| 114000 | 274183 |
| #\* | International CSRC <br> Investment Holdings <br> Co.<br>| 4824083 | 1602396 |
| # | International Games <br> System Co. Ltd.<br>| 960000 | 22432443 |
| # | Inventec Corp. | 6372276 | 9457419 |
| # | Iron Force Industrial <br> Co. Ltd.<br>| 312878 | 965172 |
| # | I-Sheng Electric Wire <br> & Cable Co. Ltd.<br>| 747000 | 1125060 |
|  | ITE Technology, Inc. | 896646 | 3790961 |
| # | ITEQ Corp. | 1376608 | 5212062 |
| # | Jarllytec Co. Ltd. | 368823 | 1173000 |
| # | Jean Co. Ltd. | 925680 | 766715 |
|  | Jentech Precision <br> Industrial Co. Ltd.<br>| 181356 | 12434899 |
| # | Jetway Information <br> Co. Ltd.<br>| 198750 | 346276 |
| # | Jetwell Computer Co. <br> Ltd.<br>| 69440 | 399405 |
| # | Jia Wei Lifestyle, Inc. | 349100 | 451818 |
| # | Jih Lin Technology <br> Co. Ltd.<br>| 335000 | 584173 |
| # | Jiin Yeeh Ding <br> Enterprise Co. Ltd.<br>| 363200 | 758328 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Jinan Acetate <br> Chemical Co. Ltd.<br>| 3005830 | $5882180 |
| \* | Jinli Group Holdings <br> Ltd.<br>| 688681 | 169738 |
| # | Johnson Health Tech <br> Co. Ltd.<br>| 436000 | 2257863 |
| \* | Joinsoon Electronics <br> Manufacturing Co. <br> Ltd.<br>| 429108 | 180990 |
| # | Jourdeness Group <br> Ltd.<br>| 177000 | 189127 |
| # | JPC connectivity, Inc. | 561450 | 3034304 |
|  | JPP Holding Co. Ltd. | 37802 | 389216 |
| # | JSL Construction & <br> Development Co. <br> Ltd.<br>| 669718 | 1109737 |
| # | K Laser Technology, <br> Inc.<br>| 962459 | 487719 |
| # | Kaimei Electronic <br> Corp.<br>| 488851 | 1485154 |
|  | Kaori Heat Treatment <br> Co. Ltd.<br>| 201321 | 4055960 |
| # | Kaulin Manufacturing <br> Co. Ltd.<br>| 835684 | 315878 |
|  | Kedge Construction <br> Co. Ltd.<br>| 372534 | 1064044 |
|  | Keding Enterprises <br> Co. Ltd.<br>| 14000 | 50306 |
| # | KEE TAI Properties <br> Co. Ltd.<br>| 3052207 | 1046728 |
| # | Kenda Rubber <br> Industrial Co. Ltd.<br>| 4179017 | 2721202 |
|  | Kent Industrial Co. <br> Ltd.<br>| 99000 | 80203 |
|  | Kerry TJ Logistics Co. <br> Ltd.<br>| 1428000 | 1560941 |
| # | Key Ware Electronics <br> Co. Ltd.<br>| 579430 | 446416 |
| # | Keystone Microtech <br> Corp.<br>| 150000 | 2061787 |
|  | KGI Financial Holding <br> Co. Ltd.<br>| 39823390 | 20542557 |
| # | KHGEARS <br> International Ltd.<br>| 56504 | 318756 |
| # | Kindom Development <br> Co. Ltd.<br>| 3014000 | 3259291 |
| # | King Chou Marine <br> Technology Co. <br> Ltd.<br>| 504800 | 841105 |
| # | King Polytechnic <br> Engineering Co. <br> Ltd.<br>| 333900 | 493804 |

---

622

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | King Slide Works Co. <br> Ltd.<br>| 94450 | $12529905 |
|  | King Yuan Electronics <br> Co. Ltd.<br>| 7380032 | 51744506 |
| #\* | King's Town <br> Construction Co. <br> Ltd.<br>| 622690 | 843709 |
|  | Kingstate Electronics <br> Corp.<br>| 43000 | 47064 |
| # | Kinik Co. | 380000 | 3858282 |
| #\* | Kinko Optical Co. Ltd. | 759120 | 1129612 |
| # | Kinpo Electronics | 8325892 | 6127025 |
|  | Kinsus Interconnect <br> Technology Corp.<br>| 2516476 | 11106377 |
| # | KMC Kuei Meng <br> International, Inc.<br>| 407951 | 1193603 |
| # | KNH Enterprise Co. <br> Ltd.<br>| 719150 | 395971 |
|  | Ko Ja Cayman Co. <br> Ltd.<br>| 137000 | 162220 |
| # | KS Terminals, Inc. | 829290 | 1349233 |
|  | Kuen Ling Machinery <br> Refrigerating Co. <br> Ltd.<br>| 11000 | 13904 |
| # | Kung Long Batteries <br> Industrial Co. Ltd.<br>| 424000 | 1673795 |
| #\* | Kung Sing <br> Engineering Corp.<br>| 3354135 | 1263155 |
| # | Kuo Toong <br> International Co. <br> Ltd.<br>| 1421735 | 2664638 |
| #\* | Kuo Yang <br> Construction Co. <br> Ltd.<br>| 1339517 | 820284 |
|  | Kwong Fong <br> Industries Corp.<br>| 381733 | 140776 |
|  | Kwong Lung <br> Enterprise Co. Ltd.<br>| 731000 | 1136318 |
|  | L&K Engineering Co. <br> Ltd.<br>| 1117261 | 17284173 |
| # | La Kaffa International <br> Co. Ltd.<br>| 211947 | 510713 |
| \* | LAN FA Textile | 1512412 | 587884 |
| # | Lang, Inc. | 76000 | 129854 |
| # | Lanner Electronics, <br> Inc.<br>| 788387 | 2060772 |
|  | Largan Precision Co. <br> Ltd. (3008 TT)<br>| 236234 | 16955503 |
| # | Laser Tek Taiwan Co. <br> Ltd.<br>| 439086 | 737583 |
| # | Laster Tech Co. Ltd. | 625570 | 422395 |
| \* | Leader Electronics, <br> Inc.<br>| 469097 | 168660 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Leadtrend Technology <br> Corp.<br>| 36199 | $56521 |
| #\* | Lealea Enterprise Co. <br> Ltd.<br>| 5120683 | 1083669 |
|  | Leatec Fine Ceramics <br> Co. Ltd.<br>| 151000 | 135845 |
| # | Ledlink Optics, Inc. | 309858 | 173548 |
|  | LEE CHI Enterprises <br> Co. Ltd.<br>| 1204000 | 461423 |
| # | Lelon Electronics <br> Corp.<br>| 639122 | 2254847 |
|  | Lemtech Holdings Co. <br> Ltd.<br>| 225783 | 586095 |
| # | Leo Systems, Inc. | 130000 | 150216 |
| #\* | Leofoo Development <br> Co. Ltd.<br>| 790010 | 432617 |
| \* | Li Cheng Enterprise <br> Co. Ltd.<br>| 561057 | 183965 |
|  | Li Ming Development <br> Construction Co. <br> Ltd.<br>| 10000 | 13168 |
| #\* | Li Peng Enterprise <br> Co. Ltd.<br>| 3785060 | 682653 |
| # | Lian HWA Food Corp. | 812339 | 2925356 |
| # | Lida Holdings Ltd. | 407000 | 281605 |
|  | Lien Hwa Industrial <br> Holdings Corp.<br>| 3137176 | 4921323 |
| # | Lingsen Precision <br> Industries Ltd.<br>| 2539490 | 1695105 |
| # | Lintes Technology Co. <br> Ltd.<br>| 26000 | 77511 |
| # | Lion Travel Service <br> Co. Ltd.<br>| 545000 | 2778523 |
|  | Lite-On Technology <br> Corp.<br>| 4371419 | 25360726 |
| # | Liton Technology <br> Corp.<br>| 346000 | 536190 |
| #\* | Long Bon International <br> Co. Ltd.<br>| 2254276 | 1077489 |
| # | Long Da Construction <br> & Development <br> Corp.<br>| 1230000 | 1140398 |
| #\* | Longchen Paper & <br> Packaging Co. Ltd.<br>| 5825003 | 1771417 |
| # | Longwell Co. | 1004000 | 6107249 |
| # | Loop <br> Telecommunication <br> International, Inc.<br>| 64000 | 94620 |
|  | Lotes Co. Ltd. | 309223 | 13786925 |
|  | Lotus Pharmaceutical <br> Co. Ltd.<br>| 795000 | 7626686 |
| # | Lu Hai Holding Corp. | 365353 | 310797 |
| # | Lucky Cement Corp. | 1165000 | 566237 |

---

623

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Lumax International <br> Corp. Ltd.<br>| 570513 | $1833123 |
| #\* | Lung Yen Life Service <br> Corp.<br>| 1035000 | 1749517 |
|  | Lungteh Shipbuilding <br> Co. Ltd.<br>| 329700 | 1283987 |
|  | Luxe Green Energy <br> Technology Co. <br> Ltd.<br>| 338048 | 244204 |
| # | LuxNet Corp. | 163705 | 1078492 |
|  | M3 Technology, Inc. | 13000 | 35072 |
| # | Macauto Industrial Co. <br> Ltd.<br>| 403000 | 779342 |
| # | Macroblock, Inc. | 229000 | 437287 |
| #\* | Macronix International <br> Co. Ltd.<br>| 10906837 | 10995555 |
|  | MacroWell OMG <br> Digital <br> Entertainment Co. <br> Ltd.<br>| 66000 | 175523 |
| # | Makalot Industrial Co. <br> Ltd.<br>| 1118723 | 9760764 |
| # | Marketech <br> International Corp.<br>| 614000 | 4883270 |
| # | Materials Analysis <br> Technology, Inc.<br>| 385179 | 2537384 |
| # | Maxigen Biotech, Inc. | 209650 | 289230 |
| # | Mayer Steel Pipe <br> Corp.<br>| 1069086 | 826908 |
| # | Maywufa Co. Ltd. | 178462 | 126493 |
| #\* | Mechema Chemicals <br> International Corp.<br>| 306000 | 726090 |
| \* | Medeon Biodesign, <br> Inc.<br>| 52549 | 178152 |
|  | MediaTek, Inc. | 2597823 | 110172173 |
|  | Mega Financial <br> Holding Co. Ltd.<br>| 13213460 | 17371665 |
| # | Meiloon Industrial Co. | 518911 | 395900 |
| # | Mercuries & <br> Associates Holding <br> Ltd.<br>| 3521247 | 1635950 |
|  | Mercuries Data <br> Systems Ltd.<br>| 52000 | 43132 |
| \* | Mercuries Life <br> Insurance Co. Ltd.<br>| 21558587 | 5068652 |
|  | Merida Industry Co. <br> Ltd.<br>| 1119588 | 3628369 |
| # | Merry Electronics Co. <br> Ltd.<br>| 1480785 | 4919996 |
| # | METAAGE Corp. | 435000 | 734404 |
| #\* | Metatech AP, Inc. | 70000 | 103443 |
| #\* | Microbio Co. Ltd. | 1490144 | 1065707 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Micro-Star <br> International Co. <br> Ltd.<br>| 2891465 | $10249982 |
| # | Mildef Crete, Inc. | 328000 | 1141433 |
| # | MIN AIK Technology <br> Co. Ltd.<br>| 811249 | 579395 |
| # | Mitac Holdings Corp. | 3286288 | 10607994 |
|  | Mitake Information <br> Corp.<br>| 31000 | 61770 |
|  | MJ International Co. <br> Ltd.<br>| 42377 | 33948 |
| #\* | Mobiletron Electronics <br> Co. Ltd.<br>| 504960 | 492947 |
|  | momo.com, Inc. | 353641 | 2679203 |
| #\* | MOSA Industrial <br> Corp.<br>| 867079 | 476852 |
| # | Mosel Vitelic, Inc. | 206000 | 227014 |
| # | Motech Industries, <br> Inc.<br>| 1610000 | 888297 |
|  | MPI Corp. | 311000 | 21087305 |
| # | MSSCORPS Co. Ltd. | 271995 | 1508710 |
|  | Munsin Garment <br> Corp.<br>| 21000 | 32910 |
|  | My Humble House <br> Hospitality <br> Management <br> Consulting<br>| 37000 | 44363 |
| # | Nak Sealing <br> Technologies Corp.<br>| 429549 | 1484771 |
| # | Namchow Holdings <br> Co. Ltd.<br>| 1385000 | 1742651 |
|  | Nan Juen International <br> Co. Ltd.<br>| 3000 | 27310 |
| # | Nan Kang Rubber Tire <br> Co. Ltd.<br>| 833441 | 979562 |
| # | Nan Liu Enterprise <br> Co. Ltd.<br>| 246000 | 352744 |
| # | Nan Pao Resins <br> Chemical Co. Ltd.<br>| 309000 | 3681707 |
| #\* | Nan Ren Lake Leisure <br> Amusement Co. <br> Ltd.<br>| 977072 | 315295 |
| # | Nan Ya Plastics Corp. | 9000584 | 12111208 |
| # | Nan Ya Printed Circuit <br> Board Corp.<br>| 965211 | 9046912 |
| # | Nang Kuang <br> Pharmaceutical Co. <br> Ltd.<br>| 416000 | 525272 |
| # | Nantex Industry Co. <br> Ltd.<br>| 1685363 | 1221042 |
| #\* | Nanya Technology <br> Corp.<br>| 3573751 | 15261685 |

---

624

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | National Aerospace <br> Fasteners Corp.<br>| 129000 | $450380 |
| # | National Petroleum <br> Co. Ltd.<br>| 643000 | 1198421 |
| # | Netronix, Inc. | 439000 | 1919056 |
| \* | New Asia Construction <br> & Development <br> Corp.<br>| 821000 | 394574 |
|  | New Best Wire <br> Industrial Co. Ltd.<br>| 189200 | 179536 |
| #\* | Newmax Technology <br> Co. Ltd.<br>| 476000 | 473772 |
| # | Nichidenbo Corp. | 1181552 | 3460726 |
| # | Nidec Chaun-Choung <br> Technology Corp.<br>| 134000 | 591515 |
| # | Nien Hsing Textile Co. <br> Ltd.<br>| 805656 | 434725 |
| # | Nien Made Enterprise <br> Co. Ltd.<br>| 857000 | 10266708 |
| # | Niko Semiconductor <br> Co. Ltd.<br>| 496637 | 911192 |
| # | Nishoku Technology, <br> Inc.<br>| 282800 | 1165611 |
| # | North-Star <br> International Co. <br> Ltd.<br>| 615414 | 528793 |
|  | Nova Technology <br> Corp.<br>| 198000 | 1105728 |
| # | Novatek <br> Microelectronics <br> Corp.<br>| 1621000 | 20653378 |
|  | Nuvoton Technology <br> Corp.<br>| 1142000 | 2277836 |
| # | Nyquest Technology <br> Co. Ltd.<br>| 100000 | 133752 |
| # | O-Bank Co. Ltd. | 4778961 | 1406054 |
| \* | OBI Pharma, Inc. | 127000 | 102589 |
| # | Ocean Plastics Co. <br> Ltd.<br>| 873000 | 1021388 |
|  | OK Biotech Co. Ltd. | 124718 | 57158 |
| \* | Oneness Biotech Co. <br> Ltd.<br>| 493870 | 1037884 |
| # | Optimax Technology <br> Corp.<br>| 155000 | 100957 |
| # | Orient Europharma <br> Co. Ltd.<br>| 150000 | 225484 |
|  | Orient Semiconductor <br> Electronics Ltd.<br>| 3077637 | 4832700 |
| #\* | Oriental Union <br> Chemical Corp.<br>| 3724819 | 1446420 |
| # | O-TA Precision <br> Industry Co. Ltd.<br>| 451683 | 1089947 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Pacific Construction <br> Co.<br>| 1439276 | $445782 |
| # | Pacific Hospital <br> Supply Co. Ltd.<br>| 387706 | 1114835 |
| # | Paiho Shih Holdings <br> Corp.<br>| 1284240 | 1039438 |
| # | Pan Asia Chemical <br> Corp.<br>| 467308 | 143575 |
| # | Pan German <br> Universal Motors <br> Ltd.<br>| 107000 | 1009505 |
| # | Pan Jit International, <br> Inc.<br>| 1917074 | 5233380 |
| # | Pan Ram International <br> Corp.<br>| 119000 | 165739 |
| # | Pan-International <br> Industrial Corp.<br>| 2668854 | 4848146 |
|  | Panion & BF Biotech, <br> Inc.<br>| 417753 | 899186 |
|  | Parade Technologies <br> Ltd.<br>| 274805 | 6054562 |
| \* | Paragon Technologies <br> Co. Ltd.<br>| 331248 | 225994 |
| # | Parpro Corp. | 245000 | 418558 |
| #\* | PChome Online, Inc. | 786581 | 889935 |
| # | PCL Technologies, <br> Inc.<br>| 397129 | 1536824 |
| # | P-Duke Technology <br> Co. Ltd.<br>| 348644 | 1155352 |
|  | Pegatron Corp. | 6585293 | 15842818 |
|  | Pegavision Corp. | 301912 | 3339490 |
|  | PharmaEngine, Inc. | 161000 | 371957 |
| # | PharmaEssentia <br> Corp.<br>| 573120 | 9259305 |
| #\* | Phihong Technology <br> Co. Ltd.<br>| 283000 | 279792 |
|  | Phison Electronics <br> Corp.<br>| 508000 | 17513923 |
| # | Phoenix Silicon <br> International Corp.<br>| 1060010 | 5932594 |
| # | Phoenix Tours <br> International, Inc.<br>| 210840 | 354044 |
| \* | Phytohealth Corp. | 383000 | 173405 |
| # | Pixart Imaging, Inc. | 995000 | 7469023 |
| # | Planet Technology <br> Corp.<br>| 208000 | 894199 |
| # | Plastron Precision Co. <br> Ltd.<br>| 656491 | 353862 |
| \* | Plotech Co. Ltd. | 459800 | 178765 |
|  | Podak Co. Ltd. | 7000 | 10538 |
|  | Polytronics <br> Technology Corp.<br>| 404239 | 602490 |
| # | Posiflex Technology, <br> Inc.<br>| 192939 | 1351782 |

---

625

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Pou Chen Corp. | 7427005 | $7066741 |
| # | Power Wind Health <br> Industry, Inc.<br>| 199319 | 1060994 |
| #\* | Powerchip <br> Semiconductor <br> Manufacturing <br> Corp.<br>| 12317000 | 12502798 |
| # | Powertech <br> Technology, Inc.<br>| 4340580 | 24247147 |
|  | Powertip Technology <br> Corp.<br>| 180954 | 72141 |
|  | Poya International Co. <br> Ltd.<br>| 319388 | 4720147 |
|  | President Chain Store <br> Corp.<br>| 1787728 | 13844124 |
| # | President Securities <br> Corp.<br>| 7052808 | 5424305 |
| # | Primax Electronics <br> Ltd.<br>| 3242000 | 8723259 |
|  | Prince Housing & <br> Development Corp.<br>| 7775140 | 2253184 |
| \* | Princeton Technology <br> Corp.<br>| 92000 | 42646 |
| # | Pro Hawk Corp. | 93000 | 453533 |
| # | Progate Group Corp. | 20957 | 109895 |
| # | Promate Electronic <br> Co. Ltd.<br>| 1484378 | 2286636 |
| # | Prosperity Dielectrics <br> Co. Ltd.<br>| 751687 | 1433442 |
|  | PSS Co. Ltd. | 3000 | 14747 |
|  | Qisda Corp. | 5309110 | 5334736 |
| # | QST International <br> Corp.<br>| 553689 | 763938 |
| # | Qualipoly Chemical <br> Corp.<br>| 681893 | 4002979 |
| # | Quang Viet Enterprise <br> Co. Ltd.<br>| 294356 | 738687 |
| # | Quanta Computer, <br> Inc.<br>| 2321436 | 22513818 |
| # | Quanta Storage, Inc. | 1339000 | 4613087 |
| #\* | Quintain Steel Co. <br> Ltd.<br>| 2151384 | 609364 |
|  | Radiant <br> Opto-Electronics <br> Corp.<br>| 2185692 | 9362713 |
| # | Radium Life Tech Co. <br> Ltd.<br>| 5417853 | 1935042 |
| # | Rafael <br> Microelectronics, <br> Inc.<br>| 55097 | 198954 |
| # | Raydium <br> Semiconductor <br> Corp.<br>| 250000 | 1975638 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | RDC Semiconductor <br> Co. Ltd.<br>| 80000 | $371537 |
| # | Realtek <br> Semiconductor <br> Corp.<br>| 732861 | 12237801 |
|  | ReaLy <br> Development&Construction <br> Corp.<br>| 10000 | 9733 |
| # | Rechi Precision Co. <br> Ltd.<br>| 2437292 | 1827534 |
| # | Rexon Industrial Corp. <br> Ltd.<br>| 836559 | 749270 |
| # | Rich Development Co. <br> Ltd.<br>| 3871532 | 1066057 |
| # | Richmond <br> International Travel <br> & Tours Co. Ltd.<br>| 54600 | 156974 |
| \* | Right WAY Industrial <br> Co. Ltd.<br>| 218000 | 87483 |
| # | RiTdisplay Corp. | 168572 | 180978 |
| \* | Ritek Corp. | 4923593 | 1592297 |
|  | Rodex Fasteners <br> Corp.<br>| 125000 | 114553 |
| \* | Roo Hsing Co. Ltd. | 969512 | 330267 |
|  | Roundtop Machinery <br> Industries Co. Ltd.<br>| 49000 | 36222 |
| # | Ruby Tech Corp. | 65650 | 96248 |
| # | Ruentex Development <br> Co. Ltd.<br>| 4682217 | 4535279 |
| # | Ruentex Engineering <br> & Construction Co.<br>| 686179 | 3732413 |
|  | Ruentex Industries <br> Ltd.<br>| 3002253 | 5237577 |
| # | Run Long <br> Construction Co. <br> Ltd.<br>| 3148068 | 3886056 |
| # | Sakura Development <br> Co. Ltd.<br>| 1182379 | 1846954 |
| # | Sampo Corp. | 2123895 | 1698347 |
| # | San Fang Chemical <br> Industry Co. Ltd.<br>| 1244659 | 1250344 |
| # | San Fu Chemical Co. <br> Ltd.<br>| 181000 | 637550 |
| # | San Shing Fastech <br> Corp.<br>| 684622 | 1143841 |
| # | Sanyang Motor Co. <br> Ltd.<br>| 3330802 | 6535553 |
| # | Savior Lifetec Corp. | 1485203 | 825170 |
|  | Scan-D Corp. | 7000 | 6388 |
| # | SCI Pharmtech, Inc. | 304696 | 570001 |
| # | Scientech Corp. | 93000 | 1071892 |
| # | ScinoPharm Taiwan <br> Ltd.<br>| 1327000 | 755470 |

---

626

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | SciVision Biotech, <br> Inc.<br>| 281000 | $818981 |
| # | SDI Corp. | 929000 | 2570226 |
| # | Sea & Land Integrated <br> Corp.<br>| 92500 | 56409 |
| # | Sea Sonic Electronics <br> Co. Ltd.<br>| 276000 | 617302 |
| # | Senao International <br> Co. Ltd.<br>| 521547 | 491929 |
| # | Senao Networks, Inc. | 226796 | 1118843 |
| # | Sensortek Technology <br> Corp.<br>| 121000 | 746951 |
| # | Sercomm Corp. | 2116000 | 6781522 |
|  | Sesoda Corp. | 1358261 | 1332238 |
| # | Shanghai Commercial <br> & Savings Bank <br> Ltd.<br>| 5174660 | 6661371 |
|  | Shan-Loong <br> Transportation Co. <br> Ltd.<br>| 619247 | 286855 |
| # | Sharehope Medicine <br> Co. Ltd.<br>| 740890 | 585250 |
|  | Sheh Fung Screws <br> Co. Ltd.<br>| 78000 | 74284 |
| # | Sheng Yu Steel Co. <br> Ltd.<br>| 930000 | 640384 |
| # | ShenMao Technology, <br> Inc.<br>| 620450 | 2038170 |
| # | Shieh Yih Machinery <br> Industry Co. Ltd.<br>| 607000 | 421561 |
| # | Shih Her <br> Technologies, Inc.<br>| 400356 | 2249241 |
| \* | Shih Wei Navigation <br> Co. Ltd.<br>| 2664634 | 1516279 |
| \* | Shihlin Development <br> Co. Ltd.<br>| 123000 | 43225 |
| # | Shihlin Electric & <br> Engineering Corp.<br>| 888787 | 5744662 |
| # | Shin Foong Specialty <br> & Applied Materials <br> Co. Ltd.<br>| 226000 | 243506 |
|  | Shin Hai Gas Corp. | 8242 | 13319 |
| # | Shin Hsiung Natural <br> Gas Co. Ltd.<br>| 269651 | 356140 |
| # | Shin Ruenn <br> Development Co. <br> Ltd.<br>| 766607 | 1451341 |
|  | Shin Shin Natural Gas <br> Co.<br>| 12480 | 16028 |
| # | Shin Zu Shing Co. <br> Ltd.<br>| 1139411 | 7778904 |
|  | Shinfox Energy Co. <br> Ltd.<br>| 8012 | 15833 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| #\* | Shining Building <br> Business Co. Ltd.<br>| 2773622 | $816125 |
| # | Shinkong Insurance <br> Co. Ltd.<br>| 1833784 | 6704058 |
| # | Shinkong Synthetic <br> Fibers Corp.<br>| 8122844 | 3520755 |
| # | Shinkong Textile Co. <br> Ltd.<br>| 920169 | 1689517 |
| # | Shiny Brands Group <br> Co. Ltd.<br>| 46200 | 155966 |
| # | Shiny Chemical <br> Industrial Co. Ltd.<br>| 761162 | 3603282 |
| #\* | Shun On Electronic <br> Co. Ltd.<br>| 99000 | 83035 |
| # | ShunSin Technology <br> Holding Ltd.<br>| 27000 | 124809 |
| #\* | Shuttle, Inc. | 2415000 | 1452552 |
|  | Sigurd <br> Microelectronics <br> Corp.<br>| 3638523 | 12310054 |
| # | Silergy Corp. | 628000 | 4518328 |
| # | Silicon Integrated <br> Systems Corp.<br>| 1833539 | 3286706 |
| \* | Silicon Optronics, Inc. | 44000 | 85817 |
| # | Silicon Power <br> Computer & <br> Communications, <br> Inc.<br>| 128000 | 160518 |
| # | Silitech Technology <br> Corp.<br>| 95693 | 109094 |
|  | Simplo Technology <br> Co. Ltd.<br>| 764880 | 8706865 |
|  | Sinbon Electronics <br> Co. Ltd.<br>| 939849 | 6441499 |
|  | Sincere Navigation <br> Corp.<br>| 2291741 | 1800077 |
|  | Singatron Enterprise <br> Co. Ltd.<br>| 19000 | 18897 |
|  | Single Well Industrial <br> Corp.<br>| 243351 | 200454 |
| # | Sinher Technology, <br> Inc.<br>| 406000 | 335604 |
| # | Sinmag Equipment <br> Corp.<br>| 296519 | 1296477 |
| # | Sino-American Silicon <br> Products, Inc.<br>| 3100000 | 12544192 |
| # | Sinon Corp. | 3121740 | 4330251 |
|  | SinoPac Financial <br> Holdings Co. Ltd.<br>| 45224458 | 37644522 |
| # | Sinopower <br> Semiconductor, Inc.<br>| 117100 | 408847 |

---

627

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Sinphar <br> Pharmaceutical Co. <br> Ltd.<br>| 871497 | $911803 |
|  | Sinyi Realty, Inc. | 1834314 | 1350852 |
| # | Sirtec International <br> Co. Ltd.<br>| 581000 | 475729 |
|  | Sitronix Technology <br> Corp.<br>| 733774 | 4767664 |
| # | Siward Crystal <br> Technology Co. <br> Ltd.<br>| 1161705 | 849944 |
|  | Sixxon Tech Co. Ltd. | 12000 | 63349 |
| \* | Skardin Industrial <br> Corp.<br>| 27000 | 35983 |
| # | Soft-World <br> International Corp.<br>| 385000 | 1275507 |
|  | Solar Applied <br> Materials <br> Technology Corp.<br>| 2627531 | 5050115 |
| # | Solteam, Inc. | 454269 | 712003 |
| \* | Solytech Enterprise <br> Corp.<br>| 310000 | 91922 |
| # | Sonix Technology Co. <br> Ltd.<br>| 910000 | 1038206 |
| # | Southeast Cement <br> Co. Ltd.<br>| 1181000 | 636608 |
| # | Speed Tech Corp. | 728000 | 1115447 |
| # | Spirox Corp. | 135745 | 257163 |
|  | Sporton International, <br> Inc.<br>| 600844 | 3493753 |
| # | Sports Gear Co. Ltd. | 173000 | 630365 |
| # | St. Shine Optical Co. <br> Ltd.<br>| 369000 | 1565963 |
|  | Standard Chemical & <br> Pharmaceutical Co. <br> Ltd.<br>| 562040 | 1013464 |
| # | Standard Foods <br> Corp.<br>| 2640734 | 2694644 |
| # | Stark Technology, Inc. | 618520 | 3209165 |
| \* | Starlux Airlines Co. <br> Ltd.<br>| 176000 | 137255 |
| # | S-Tech Corp. | 494838 | 375926 |
| # | STL Technology Co. <br> Ltd.<br>| 106000 | 468791 |
| # | Sumeeko Industries <br> Co. Ltd.<br>| 83000 | 178432 |
| #\* | Sun Yad Construction <br> Co. Ltd.<br>| 662885 | 337830 |
| # | Sunfun Info Co. Ltd. | 178080 | 189430 |
|  | Sunjuice Holdings Co. <br> Ltd.<br>| 79900 | 379344 |
| \* | Sunko INK Co. Ltd. | 373800 | 144205 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | SunMax <br> Biotechnology Co. <br> Ltd.<br>| 146000 | $1850962 |
| # | Sunny Friend <br> Environmental <br> Technology Co. <br> Ltd.<br>| 557257 | 1498605 |
|  | Sunonwealth Electric <br> Machine Industry <br> Co. Ltd.<br>| 1628001 | 7946244 |
| # | Sunplus Innovation <br> Technology, Inc.<br>| 111669 | 490756 |
| #\* | Sunplus Technology <br> Co. Ltd.<br>| 2976153 | 2076346 |
| # | Sunrex Technology <br> Corp.<br>| 1238145 | 1672778 |
| # | Sunspring Metal <br> Corp.<br>| 823291 | 588638 |
| #\* | Super Dragon <br> Technology Co. <br> Ltd.<br>| 170000 | 156412 |
| # | Superalloy Industrial <br> Co. Ltd.<br>| 134000 | 206762 |
| # | Superior Plating <br> Technology Co. <br> Ltd.<br>| 30000 | 42869 |
| # | Supreme Electronics <br> Co. Ltd.<br>| 3451051 | 7393358 |
| # | Swancor Holding Co. <br> Ltd.<br>| 365000 | 1476916 |
| # | Sweeten Real Estate <br> Development Co. <br> Ltd.<br>| 1352004 | 1239673 |
| # | Symtek Automation <br> Asia Co. Ltd.<br>| 442967 | 2250669 |
| # | Syncmold Enterprise <br> Corp.<br>| 718000 | 1605168 |
|  | Syngen Biotech Co. <br> Ltd.<br>| 14000 | 61510 |
| # | Synmosa Biopharma <br> Corp.<br>| 1707523 | 1861914 |
| # | Synnex Technology <br> International Corp.<br>| 3903732 | 7196815 |
|  | Syn-Tech Chem & <br> Pharm Co. Ltd.<br>| 30000 | 75228 |
| # | Syscom Computer <br> Engineering Co.<br>| 71000 | 131921 |
| # | Systex Corp. | 963293 | 4048349 |
| # | T3EX Global Holdings <br> Corp.<br>| 712178 | 1614418 |
|  | TA Chen Stainless <br> Pipe<br>| 8330558 | 9929863 |

---

628

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Ta Ya Electric Wire & <br> Cable<br>| 4163723 | $5668876 |
| # | Tah Hsin Industrial <br> Corp.<br>| 233378 | 486255 |
| # | TAI Roun Products <br> Co. Ltd.<br>| 228000 | 96785 |
| # | TA-I Technology Co. <br> Ltd.<br>| 758834 | 1540366 |
| # | Tai Tung <br> Communication Co. <br> Ltd.<br>| 933230 | 689708 |
|  | Taichung Commercial <br> Bank Co. Ltd.<br>| 29795424 | 20713746 |
| # | TaiDoc Technology <br> Corp.<br>| 531532 | 2123375 |
| # | Taiflex Scientific Co. <br> Ltd.<br>| 1255657 | 2769869 |
|  | Tailyn Technologies, <br> Inc.<br>| 73000 | 59683 |
| # | Taimide Tech, Inc. | 644940 | 1262797 |
| # | Tainan Enterprises <br> Co. Ltd.<br>| 643289 | 567882 |
|  | Tainan Spinning Co. <br> Ltd.<br>| 7898791 | 3233261 |
| \* | Tainergy Tech Co. <br> Ltd.<br>| 363000 | 173637 |
| # | Tai-Saw Technology <br> Co. Ltd.<br>| 498960 | 400376 |
| # | TaiSol Electronics Co. <br> Ltd.<br>| 478000 | 820684 |
| # | Taisun Enterprise Co. <br> Ltd.<br>| 1090775 | 655787 |
| # | Taita Chemical Co. <br> Ltd.<br>| 1632792 | 583096 |
| # | TAI-TECH Advanced <br> Electronics Co. Ltd.<br>| 314000 | 1532162 |
|  | Taiwan Business <br> Bank<br>| 29546539 | 14717345 |
| # | Taiwan Chinsan <br> Electronic Industrial <br> Co. Ltd.<br>| 669331 | 932766 |
|  | Taiwan Cogeneration <br> Corp.<br>| 2955578 | 4632078 |
|  | Taiwan Cooperative <br> Financial Holding <br> Co. Ltd.<br>| 21164872 | 16357181 |
|  | Taiwan Environment <br> Scientific Co. Ltd.<br>| 91280 | 56534 |
| # | Taiwan FamilyMart <br> Co. Ltd.<br>| 205000 | 1276804 |
|  | Taiwan Fertilizer Co. <br> Ltd.<br>| 2950000 | 4611426 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Taiwan Fire & Marine <br> Insurance Co. Ltd.<br>| 1425880 | $1669812 |
|  | Taiwan Fructose Co. <br> Ltd.<br>| 62540 | 37382 |
|  | Taiwan FU Hsing <br> Industrial Co. Ltd.<br>| 900800 | 1504106 |
| #\* | Taiwan Glass Industry <br> Corp.<br>| 6301904 | 5717808 |
|  | Taiwan High Speed <br> Rail Corp.<br>| 5263000 | 4677945 |
| # | Taiwan Hon Chuan <br> Enterprise Co. Ltd.<br>| 2360906 | 9679971 |
| # | Taiwan Hopax <br> Chemicals <br> Manufacturing Co. <br> Ltd.<br>| 1354900 | 1378259 |
| \* | Taiwan IC Packaging <br> Corp.<br>| 305000 | 174008 |
| †† | Taiwan Land <br> Development Corp.<br>| 6008009 | 98208 |
| # | Taiwan Line Tek <br> Electronic<br>| 515700 | 411162 |
| #\* | Taiwan Mask Corp. | 1529000 | 1905953 |
|  | Taiwan Mobile Co. <br> Ltd.<br>| 6083900 | 21651718 |
|  | Taiwan Navigation Co. <br> Ltd.<br>| 1552720 | 1467579 |
| # | Taiwan Paiho Ltd. | 2145152 | 3979574 |
| # | Taiwan PCB Techvest <br> Co. Ltd.<br>| 2149816 | 2463842 |
| # | Taiwan Sakura Corp. | 1186243 | 3285077 |
| # | Taiwan Sanyo Electric <br> Co. Ltd.<br>| 541650 | 622287 |
|  | Taiwan Secom Co. <br> Ltd.<br>| 1664405 | 5839749 |
| # | Taiwan Semiconductor <br> Co. Ltd.<br>| 1689000 | 3009105 |
|  | Taiwan Semiconductor <br> Manufacturing Co. <br> Ltd. (2330 TT)<br>| 40130652 | 1940704936 |
|  | Taiwan Semiconductor <br> Manufacturing Co. <br> Ltd. (TSM US), <br> Sponsored ADR<br>| 2331292 | 700390056 |
| # | Taiwan Shin Kong <br> Security Co. Ltd.<br>| 1721226 | 2278571 |
|  | Taiwan Speciality <br> Chemicals Corp.<br>| 54000 | 592592 |
| # | Taiwan Steel Union <br> Co. Ltd.<br>| 141000 | 503716 |
| #\* | Taiwan Styrene <br> Monomer<br>| 3104404 | 850482 |

---

629

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Taiwan Surface <br> Mounting <br> Technology Corp.<br>| 2268674 | $8087483 |
| # | Taiwan Taxi Co. Ltd. | 210722 | 903916 |
| #\* | Taiwan TEA Corp. | 4313896 | 1947965 |
| # | Taiwan Union <br> Technology Corp.<br>| 2016000 | 25136547 |
| #\* | Taiwan-Asia <br> Semiconductor <br> Corp.<br>| 2113537 | 1654671 |
| # | Taiyen Biotech Co. <br> Ltd.<br>| 707910 | 733770 |
| \* | Tang Eng Iron Works <br> Co. Ltd.<br>| 131000 | 121542 |
| # | Tatung Co. Ltd. | 5373758 | 6298657 |
| #\* | TBI Motion <br> Technology Co. <br> Ltd.<br>| 323000 | 405405 |
|  | TCC Group Holdings <br> Co. Ltd.<br>| 17197055 | 12338463 |
| # | TCI Co. Ltd. | 707282 | 2610672 |
| # | Te Chang <br> Construction Co. <br> Ltd.<br>| 499980 | 1005573 |
| # | Team Group, Inc. | 15000 | 65529 |
| # | Teco Electric & <br> Machinery Co. Ltd.<br>| 4344000 | 16348752 |
|  | Tehmag Foods Corp. | 120860 | 1154273 |
| # | Ten Ren Tea Co. Ltd. | 171170 | 171059 |
|  | Tera Autotech Corp. | 24863 | 18027 |
| # | Test Research, Inc. | 1115370 | 5651406 |
| # | Test Rite International <br> Co. Ltd.<br>| 1513166 | 999149 |
| \* | Tex-Ray Industrial Co. <br> Ltd.<br>| 959000 | 223557 |
| \* | Thermaltake <br> Technology Co. <br> Ltd.<br>| 246391 | 253672 |
| # | Thinking Electronic <br> Industrial Co. Ltd.<br>| 520058 | 3183200 |
| # | Thye Ming Industrial <br> Co. Ltd.<br>| 904793 | 1592369 |
|  | Tofu Restaurant Co. <br> Ltd.<br>| 23280 | 151326 |
| # | Ton Yi Industrial <br> Corp.<br>| 6541300 | 3817732 |
|  | Tong Hsing Electronic <br> Industries Ltd.<br>| 1332637 | 5413526 |
|  | Tong Ming Enterprise <br> Co. Ltd.<br>| 133000 | 122503 |
|  | Tong Yang Industry <br> Co. Ltd.<br>| 2306341 | 7235945 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Tong-Tai Machine & <br> Tool Co. Ltd.<br>| 1539804 | $1618622 |
| # | Top Union Electronics <br> Corp.<br>| 915232 | 892064 |
|  | Topco Scientific Co. <br> Ltd.<br>| 1091707 | 12096472 |
| # | Topco Technologies <br> Corp.<br>| 307468 | 620048 |
|  | Topkey Corp. | 465000 | 2812747 |
| # | Topoint Technology <br> Co. Ltd.<br>| 1041993 | 3985481 |
|  | Toung Loong Textile <br> Manufacturing<br>| 626980 | 352349 |
| # | TPK Holding Co. Ltd. | 2495000 | 2941435 |
| # | Trade-Van Information <br> Services Co.<br>| 388000 | 1211944 |
|  | Transart Graphics Co. <br> Ltd.<br>| 31000 | 42046 |
|  | Transcend <br> Information, Inc.<br>| 1258870 | 5391440 |
|  | Transcom, Inc. | 323433 | 1423200 |
|  | Tripod Technology <br> Corp.<br>| 1865660 | 20632680 |
| # | Trusval Technology <br> Co. Ltd.<br>| 48175 | 403738 |
|  | TS Financial Holding <br> Co. Ltd (2887 TT)<br>| 66884849 | 40632930 |
| \* | TS Financial Holding <br> Co. Ltd (28871 TT)<br>| 8362593 | 2508390 |
|  | Tsang Yow Industrial <br> Co. Ltd.<br>| 383000 | 282130 |
| # | Tsann Kuen <br> Enterprise Co. Ltd.<br>| 497865 | 396621 |
|  | TSC Auto ID <br> Technology Co. <br> Ltd.<br>| 215085 | 1365531 |
| #\* | TSEC Corp. | 858000 | 390719 |
| # | TSRC Corp. | 4275154 | 2081283 |
|  | TST Group Holding <br> Ltd.<br>| 6600 | 19129 |
|  | Ttet Union Corp. | 262000 | 1231370 |
| # | TTFB Co. Ltd. | 162994 | 969334 |
|  | TTY Biopharm Co. <br> Ltd.<br>| 1555991 | 4022181 |
| \* | Tul Corp. | 46000 | 113728 |
|  | Tung Ho Steel <br> Enterprise Corp.<br>| 4416052 | 9008963 |
|  | Tung Ho Textile Co. <br> Ltd.<br>| 17000 | 9714 |
| # | Tung Thih Electronic <br> Co. Ltd.<br>| 475696 | 1129255 |
| # | TURVO International <br> Co. Ltd.<br>| 229515 | 1495909 |

---

630

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | Twinhead International <br> Corp.<br>| 52000 | $116993 |
|  | TXC Corp. | 2510762 | 7249095 |
| # | TYC Brother Industrial <br> Co. Ltd.<br>| 1212333 | 1885275 |
| #\* | Tycoons Group <br> Enterprise<br>| 2282327 | 583590 |
| # | Tyntek Corp. | 1782413 | 1011125 |
|  | TZE Shin International <br> Co. Ltd.<br>| 652200 | 319909 |
| # | UDE Corp. | 533000 | 1828272 |
| # | Ultra Chip, Inc. | 278000 | 410401 |
|  | U-MEDIA <br> Communications, <br> Inc.<br>| 22000 | 29421 |
|  | U-Ming Marine <br> Transport Corp.<br>| 3491200 | 6307385 |
| # | Unic Technology <br> Corp.<br>| 517000 | 389331 |
|  | Unictron Technologies <br> Corp.<br>| 76000 | 137391 |
|  | Unimicron Technology <br> Corp.<br>| 4277563 | 22545062 |
| # | Union Bank of Taiwan | 11816013 | 7119853 |
|  | Union Insurance Co. <br> Ltd.<br>| 221000 | 192691 |
| \* | Uniplus Electronics <br> Co. Ltd.<br>| 59000 | 45514 |
|  | Uni-President <br> Enterprises Corp.<br>| 16263734 | 41552536 |
|  | Unitech Computer Co. <br> Ltd.<br>| 543365 | 733906 |
| # | Unitech Printed Circuit <br> Board Corp.<br>| 4418078 | 3762220 |
|  | United Alloy-Tech Co. | 59000 | 103340 |
|  | United Integrated <br> Services Co. Ltd.<br>| 937640 | 26098966 |
| # | United <br> Microelectronics <br> Corp. (2303 TT)<br>| 25952441 | 39194079 |
| # | United <br> Microelectronics <br> Corp. (UMC US), <br> Sponsored ADR<br>| 82862 | 638866 |
|  | United Orthopedic <br> Corp.<br>| 572468 | 2314289 |
| # | United Radiant <br> Technology<br>| 548000 | 378022 |
| \* | United Recommend <br> International Co. <br> Ltd.<br>| 232785 | 293652 |
| \* | United Renewable <br> Energy Co. Ltd.<br>| 8651644 | 1919661 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \*†† | Unity Opto Technology <br> Co. Ltd.<br>| 3736276 | $0 |
| # | Univacco Technology, <br> Inc.<br>| 313000 | 460207 |
|  | Universal Cement <br> Corp.<br>| 2954065 | 2972853 |
| \* | Universal <br> Microelectronics Co. <br> Ltd.<br>| 29000 | 19434 |
| # | Universal Microwave <br> Technology, Inc.<br>| 115000 | 1639365 |
|  | Universal Textile Co. <br> Ltd.<br>| 46000 | 21457 |
| # | Universal Vision <br> Biotechnology Co. <br> Ltd.<br>| 322764 | 1500088 |
|  | Universal, Inc. | 199000 | 197007 |
| # | UPC Technology <br> Corp.<br>| 5396684 | 1775318 |
|  | UPI Semiconductor <br> Corp.<br>| 38000 | 231327 |
| # | Userjoy Technology <br> Co. Ltd.<br>| 352589 | 885557 |
| # | USI Corp. | 3785226 | 1271469 |
| #\* | Usun Technology Co. <br> Ltd.<br>| 182100 | 273527 |
|  | U-Tech Media Corp. | 354000 | 140727 |
| # | Utechzone Co. Ltd. | 377000 | 1062236 |
| # | UVAT Technology Co. <br> Ltd.<br>| 189000 | 364923 |
| # | Value Valves Co. Ltd. | 201000 | 547342 |
| # | Vanguard International <br> Semiconductor <br> Corp.<br>| 5395382 | 16890087 |
|  | Ve Wong Corp. | 704524 | 904660 |
| # | Ventec International <br> Group Co. Ltd.<br>| 445000 | 1293580 |
| # | VIA Labs, Inc. | 107000 | 287126 |
|  | Via Technologies, Inc. | 80000 | 136144 |
| #\* | Victory New Materials <br> Ltd. Co.<br>| 596500 | 127491 |
| # | Viking Tech Corp. | 467000 | 634969 |
| # | Visco Vision, Inc. | 259000 | 1671395 |
| # | VisEra Technologies <br> Co. Ltd.<br>| 297000 | 2472631 |
| # | Visual Photonics <br> Epitaxy Co. Ltd.<br>| 725224 | 3244454 |
| # | Vivotek, Inc. | 91000 | 242163 |
| # | Vizionfocus, Inc. | 48000 | 280076 |
| # | Voltronic Power <br> Technology Corp.<br>| 246007 | 9637521 |
| #\* | Wafer Works Corp. | 4170113 | 4228085 |
| # | Waffer Technology <br> Corp.<br>| 821479 | 1882916 |

---

631

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Wah Hong Industrial <br> Corp.<br>| 418280 | $456460 |
|  | Wah Lee Industrial <br> Corp.<br>| 1303400 | 3817015 |
| # | Walsin Lihwa Corp. | 8839979 | 8562430 |
| # | Walsin Technology <br> Corp.<br>| 2132496 | 8556519 |
| # | Walton Advanced <br> Engineering, Inc.<br>| 2036662 | 1583738 |
| # | Wan Hai Lines Ltd. | 2694972 | 7190575 |
| # | WAN HWA Enterprise <br> Co.<br>| 428452 | 153857 |
| \* | We & Win <br> Development Co. <br> Ltd.<br>| 432000 | 156323 |
| # | We&Win <br> Diversification Co. <br> Ltd.<br>| 389898 | 271917 |
| # | WEI Chih Steel <br> Industrial Co. Ltd.<br>| 365000 | 189772 |
| # | Wei Chuan Foods <br> Corp.<br>| 2467000 | 1206853 |
| # | Weikeng Industrial Co. <br> Ltd.<br>| 2926979 | 2791156 |
|  | Well Shin Technology <br> Co. Ltd.<br>| 624443 | 1066130 |
| # | Welldone Co. | 138000 | 225259 |
| # | WELLELL, Inc. | 308463 | 214902 |
| \* | Wha Yu Industrial Co. <br> Ltd.<br>| 425000 | 192094 |
| # | Wholetech System <br> Hitech Ltd.<br>| 393000 | 1543366 |
|  | Win Semiconductors <br> Corp.<br>| 2038248 | 7085451 |
| #\* | Winbond Electronics <br> Corp.<br>| 14373328 | 25138196 |
|  | Winmate, Inc. | 208000 | 1111531 |
| # | Winstek <br> Semiconductor Co. <br> Ltd.<br>| 523000 | 1622336 |
| \*†† | Wintek Corp. | 6349135 | 0 |
|  | WinWay Technology <br> Co. Ltd.<br>| 79000 | 6704231 |
| # | Wisdom Marine Lines <br> Co. Ltd.<br>| 3469849 | 7108790 |
| # | Wiselink Co. Ltd. | 353947 | 2119809 |
| # | Wistron Corp. | 6777169 | 32844325 |
| # | WITS Corp. | 278365 | 1120245 |
| # | Wiwynn Corp. | 217000 | 30601245 |
|  | WNC Corp. | 1547896 | 6281085 |
| # | Wonderful Hi-Tech Co. <br> Ltd.<br>| 736000 | 1092420 |
| # | Wowprime Corp. | 661856 | 4634929 |
| # | WPG Holdings Ltd. | 5574957 | 10903350 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | WT Microelectronics <br> Co. Ltd.<br>| 2124766 | $9850491 |
| # | WUS Printed Circuit <br> Co. Ltd.<br>| 1091507 | 3597001 |
| # | XAC Automation <br> Corp.<br>| 271000 | 264029 |
| # | XinTec, Inc. | 1210000 | 5988472 |
| # | X-Legend <br> Entertainment Co. <br> Ltd.<br>| 56000 | 178662 |
| # | Xxentria Technology <br> Materials Corp.<br>| 1120098 | 1257323 |
|  | Ya Horng Electronic <br> Co. Ltd.<br>| 129000 | 236746 |
|  | Yageo Corp. | 4214628 | 33922958 |
| # | Yang Ming Marine <br> Transport Corp.<br>| 6737491 | 12569861 |
|  | Yankey Engineering <br> Co. Ltd.<br>| 299202 | 4462551 |
| \* | Yao Sheng Electronic <br> Co. Ltd.<br>| 23000 | 52291 |
| # | YC INOX Co. Ltd. | 2694814 | 1683409 |
| # | YCC Parts <br> Manufacturing Co. <br> Ltd.<br>| 109000 | 152617 |
| # | Yea Shin International <br> Development Co. <br> Ltd.<br>| 1697961 | 1365330 |
| \* | Yeh-Chiang <br> Technology Corp.<br>| 39000 | 32855 |
| # | Yem Chio Co. Ltd. | 3031505 | 1305233 |
| # | Yen Sun Technology <br> Corp.<br>| 418000 | 626406 |
| \* | Yeong Guan Energy <br> Technology Group <br> Co. Ltd.<br>| 712054 | 460551 |
| # | YFC-Boneagle Electric <br> Co. Ltd.<br>| 740454 | 502844 |
| # | YFY, Inc. | 7432997 | 6129770 |
| # | Yi Jinn Industrial Co. <br> Ltd.<br>| 1461700 | 774553 |
|  | Yi Shin Textile <br> Industrial Co. Ltd.<br>| 112000 | 69971 |
| \* | Yieh Hsing Enterprise <br> Co. Ltd.<br>| 150000 | 35447 |
| #\* | Yieh Phui Enterprise <br> Co. Ltd.<br>| 6780358 | 3247583 |
| # | Yonyu Plastics Co. <br> Ltd.<br>| 546050 | 348919 |
| # | Young Fast <br> Optoelectronics Co. <br> Ltd.<br>| 669137 | 1185361 |
| \* | Young Optics, Inc. | 20000 | 35525 |

---

632

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Youngtek Electronics <br> Corp.<br>| 862569 | $1648529 |
| # | Yuan High-Tech <br> Development Co. <br> Ltd.<br>| 26000 | 142618 |
|  | Yuanta Financial <br> Holding Co. Ltd.<br>| 31072796 | 34790488 |
|  | Yuanta Futures Co. <br> Ltd.<br>| 212799 | 622674 |
| # | Yuen Chang Stainless <br> Steel Co. Ltd.<br>| 281000 | 140169 |
| # | Yuen Foong Yu <br> Consumer Products <br> Co. Ltd.<br>| 452000 | 564280 |
|  | Yulon Finance Corp. | 1777023 | 5549442 |
| # | Yulon Motor Co. Ltd. | 3726526 | 3973307 |
| # | Yung Chi Paint & <br> Varnish <br> Manufacturing Co. <br> Ltd.<br>| 385350 | 939120 |
| # | Yungshin Construction <br> & Development Co. <br> Ltd.<br>| 805200 | 1999166 |
| # | YungShin Global <br> Holding Corp.<br>| 1316400 | 2410073 |
| # | Yusin Holding Corp. | 163650 | 367078 |
| # | Zeng Hsing Industrial <br> Co. Ltd.<br>| 401733 | 1203762 |
| # | Zenitron Corp. | 1297000 | 1455604 |
| # | Zero One Technology <br> Co. Ltd.<br>| 664868 | 2468611 |
|  | Zhen Ding Technology <br> Holding Ltd.<br>| 3373350 | 17813021 |
| #\* | Zig Sheng Industrial <br> Co. Ltd.<br>| 3171638 | 795741 |
| # | ZillTek Technology <br> Corp.<br>| 45000 | 295063 |
| #\* | Zinwell Corp. | 2008979 | 921863 |
| # | Zippy Technology <br> Corp.<br>| 747028 | 1256007 |
| # | Zyxel Group Corp. | 2120320 | 2413182 |
| TOTAL TAIWAN | TOTAL TAIWAN |  | 6825747368 |
| THAILAND — (1.3%) | THAILAND — (1.3%) | THAILAND — (1.3%) | THAILAND — (1.3%) |
|  | AAPICO Hitech PCL <br> (AH/F TB)<br>| 2032688 | 773220 |
|  | AAPICO Hitech PCL <br> (AH-R TB), NVDR<br>| 30260 | 11511 |
| #\* | Absolute Clean <br> Energy PCL<br>| 11959500 | 484520 |
|  | Advanced Info Service <br> PCL<br>| 2305509 | 21532820 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Advanced Information <br> Technology PCL, <br> Class F<br>| 7482550 | $1115382 |
|  | AEON Thana Sinsap <br> Thailand PCL<br>| 540400 | 1763173 |
|  | After You PCL | 1622100 | 249824 |
|  | Airports of Thailand <br> PCL<br>| 5831200 | 7438905 |
|  | Allianz Ayudhya <br> Capital PCL<br>| 136600 | 143634 |
|  | Amata Corp. PCL | 5416200 | 2412039 |
| \* | Ananda Development <br> PCL<br>| 16269707 | 226422 |
| # | AP Thailand PCL | 18573436 | 4968617 |
|  | Asia Plus Group <br> Holdings PCL<br>| 18197900 | 1249400 |
|  | Asia Sermkij Leasing <br> PCL, NVDR<br>| 2185000 | 523697 |
|  | Asia Sermkij Leasing <br> PCL<br>| 202800 | 48607 |
| # | Asian Alliance <br> International PCL<br>| 1859200 | 296115 |
|  | Asian Insulators PCL | 2470690 | 252150 |
|  | Asian Sea Corp. PCL | 2165150 | 488808 |
| # | Asset World Corp. <br> PCL<br>| 16399300 | 1115771 |
| \* | Assetwise PCL | 90900 | 17570 |
|  | B Grimm Power PCL | 2416100 | 1210478 |
|  | Bangchak Corp. PCL | 7829200 | 7142768 |
|  | Bangchak Sriracha <br> PCL<br>| 1857000 | 256138 |
| # | Bangkok Airways <br> PCL<br>| 3334600 | 1340646 |
|  | Bangkok Aviation Fuel <br> Services PCL<br>| 234900 | 70103 |
|  | Bangkok Bank PCL <br> (BBLF TB)<br>| 2198200 | 10877130 |
| # | Bangkok Chain <br> Hospital PCL<br>| 3655150 | 1277353 |
| # | Bangkok Commercial <br> Asset Management <br> PCL<br>| 11146598 | 2326876 |
|  | Bangkok Dusit <br> Medical Services <br> PCL, Class F<br>| 14307800 | 8362994 |
| # | Bangkok Expressway <br> & Metro PCL<br>| 14486255 | 2307228 |
|  | Bangkok Land PCL | 83505748 | 1291259 |
|  | Bangkok Life <br> Assurance PCL, <br> NVDR<br>| 1617728 | 900544 |
|  | Bangkok Ranch PCL | 4050800 | 207958 |
|  | Banpu PCL | 25360513 | 3960742 |
| # | Banpu Power PCL | 2191900 | 867677 |

---

633

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | BCPG PCL | 2964600 | $756392 |
| # | BEC World PCL | 6788131 | 409366 |
| # | Berli Jucker PCL | 4025650 | 2278317 |
|  | Betagro PCL | 1266900 | 626887 |
| \* | Better World Green <br> PCL<br>| 19998367 | 191727 |
| \* | Beyond Securities <br> PCL<br>| 1832100 | 36262 |
|  | BKI Holdings PCL | 165140 | 1562791 |
|  | Bluebik Group PCL | 80500 | 46555 |
| \* | Bound & Beyond PCL | 614200 | 131065 |
|  | Brooker Group PCL | 6444600 | 63778 |
| \* | BTS Group Holdings <br> PCL<br>| 24110300 | 2192184 |
|  | Bumrungrad Hospital <br> PCL<br>| 1461400 | 7773645 |
| # | Cal-Comp Electronics <br> Thailand PCL, <br> Class F<br>| 19709038 | 3718111 |
|  | Carabao Group PCL | 925500 | 1288001 |
|  | Central Pattana PCL | 3142600 | 5223898 |
| # | Central Plaza Hotel <br> PCL<br>| 1194700 | 1191559 |
| # | Central Retail Corp. <br> PCL<br>| 5238817 | 3321347 |
|  | CH Karnchang PCL | 5295967 | 2505901 |
|  | Charoen Pokphand <br> Foods PCL<br>| 12509200 | 8162799 |
|  | Chayo Group PCL | 3417042 | 160628 |
| # | Chularat Hospital <br> PCL<br>| 24681200 | 1198376 |
|  | CK Power PCL | 8164000 | 646354 |
|  | Com7 PCL | 3942800 | 3048400 |
|  | Cotto F | 6288800 | 36953 |
| \* | Country Group <br> Development PCL<br>| 15322100 | 52124 |
| \* | Country Group <br> Holdings PCL<br>| 14076611 | 235082 |
|  | CP ALL PCL | 4728400 | 6726655 |
|  | CP Axtra PCL | 748900 | 453949 |
|  | Delta Electronics <br> Thailand PCL<br>| 3961300 | 26584262 |
| # | Dhipaya Group <br> Holdings PCL<br>| 3251600 | 2192203 |
|  | Diamond Building <br> Products PCL<br>| 1468200 | 238381 |
| # | Dohome PCL | 3945133 | 475832 |
|  | Don Muang Tollway <br> PCL<br>| 980000 | 312170 |
| # | Dynasty Ceramic <br> PCL<br>| 17934150 | 732119 |
| # | Eastern Polymer <br> Group PCL<br>| 5797332 | 502011 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Eastern Water <br> Resources <br> Development & <br> Management PCL, <br> Class F<br>| 4568900 | $356073 |
|  | Ekachai Medical Care <br> PCL<br>| 2248790 | 361642 |
|  | Electricity Generating <br> PCL<br>| 577800 | 2197909 |
| #\* | Energy Absolute PCL | 26050300 | 2465252 |
| # | Erawan Group PCL | 12805000 | 934585 |
|  | Exotic Food PCL | 1287100 | 605039 |
| #\* | Forth Corp. PCL | 1124700 | 240001 |
|  | Forth Smart Service <br> PCL<br>| 1486849 | 340272 |
|  | Fortune Parts Industry <br> PCL<br>| 2261200 | 106994 |
|  | Frasers Property <br> Thailand PCL<br>| 109400 | 21653 |
| # | GFPT PCL | 3991922 | 1271588 |
|  | Global Green <br> Chemicals PCL<br>| 17400 | 1916 |
|  | Global Power Synergy <br> PCL<br>| 581026 | 745711 |
| \* | Gulf Development <br> PCL<br>| 3196009 | 4373694 |
|  | Gunkul Engineering <br> PCL<br>| 21689000 | 1381764 |
|  | Haad Thip PCL | 1429600 | 667604 |
|  | Hana Microelectronics <br> PCL<br>| 3531053 | 2533491 |
|  | Heng Leasing & <br> Capital PCL<br>| 5805900 | 181350 |
| # | Home Product Center <br> PCL<br>| 15956815 | 3232322 |
|  | Humanica PCL | 65500 | 11040 |
| \* | Hwa Fong Rubber <br> Thailand PCL, <br> Class F<br>| 695600 | 78735 |
|  | ICC International PCL | 87738 | 66478 |
| # | Ichitan Group PCL | 5097900 | 1939204 |
|  | Index Livingmall PCL | 1259900 | 557185 |
| # | Indorama Ventures <br> PCL<br>| 5093000 | 3008390 |
|  | Interlink <br> Communication <br> PCL<br>| 2238550 | 326765 |
|  | Internet Thailand PCL | 66500 | 7239 |
| # | IRPC PCL | 49131190 | 1747359 |
|  | IT City PCL | 163900 | 17741 |
|  | I-TAIL Corp. PCL | 664700 | 353575 |
| \* | Italian-Thai <br> Development PCL<br>| 38425873 | 392161 |
| \*†† | ITV PLC | 183700 | 0 |

---

634

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
| #\* | Jasmine Technology <br> Solution PCL<br>| 338000 | $266553 |
| # | Jaymart Group <br> Holdings PCL<br>| 3262000 | 786875 |
| # | JMT Network Services <br> PCL<br>| 3392997 | 1023093 |
|  | Kang Yong Electric <br> PCL<br>| 8200 | 71767 |
|  | Karmarts PCL | 4968793 | 1260062 |
|  | Kasikornbank PCL <br> (KBANKF TB)<br>| 91000 | 524865 |
|  | Kasikornbank PCL <br> (KBANKR TB), <br> NVDR<br>| 714000 | 4118169 |
|  | KCE Electronics PCL | 3848464 | 3034972 |
|  | KGI Securities <br> Thailand PCL<br>| 7099700 | 860703 |
| # | Khon Kaen Sugar <br> Industry PCL<br>| 15113249 | 645006 |
|  | Kiatnakin Phatra Bank <br> PCL<br>| 1122407 | 2282303 |
|  | Klinique Medical Clinic <br> PCL<br>| 15700 | 12381 |
|  | Krung Thai Bank PCL | 6944432 | 5852351 |
|  | Krungthai Card PCL | 2212600 | 1950181 |
|  | Ladprao General <br> Hospital PCL, <br> Class F<br>| 256700 | 29215 |
|  | Lalin Property PCL | 1613800 | 249544 |
|  | Lam Soon Thailand <br> PCL<br>| 2756000 | 397185 |
|  | Land & Houses PCL <br> (LHF TB)<br>| 15993400 | 1929001 |
|  | Land & Houses PCL <br> (LHR TB), NVDR<br>| 3074080 | 370772 |
|  | Lanna Resources <br> PCL<br>| 134900 | 64248 |
|  | LH Financial Group <br> PCL<br>| 28136459 | 678721 |
|  | Loxley PCL | 11146635 | 520533 |
| # | LPN Development <br> PCL<br>| 9471996 | 480411 |
|  | Major Cineplex Group <br> PCL<br>| 2400300 | 527049 |
|  | Malee Group PCL | 816800 | 106600 |
|  | MBK PCL | 5689228 | 2903116 |
|  | MC Group PCL | 2311500 | 800643 |
|  | MCS Steel PCL | 3495200 | 886366 |
| \* | MDX PCL | 484300 | 35048 |
| # | Mega Lifesciences <br> PCL<br>| 2158200 | 1968978 |
|  | Minor International <br> PCL<br>| 10628130 | 7559827 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | MK Restaurants <br> Group PCL<br>| 1341300 | $1358515 |
| \* | Mono Next PCL | 5802100 | 213530 |
| # | Moshi Moshi Retail <br> Corp. PLC<br>| 365600 | 387252 |
|  | Muang Thai Insurance <br> PCL<br>| 261900 | 136883 |
| # | Muangthai Capital <br> PCL<br>| 2489000 | 3117504 |
|  | Namyong Terminal <br> PCL<br>| 2643000 | 232136 |
|  | Netbay PCL | 654874 | 415182 |
|  | Next Capital PCL | 252800 | 25956 |
|  | Noble Development <br> PCL<br>| 5961100 | 394518 |
|  | Nonthavej Hospital <br> PCL<br>| 72300 | 54558 |
| # | Northeast Rubber <br> PCL<br>| 9303400 | 1196912 |
|  | NSL Foods PCL | 334800 | 269207 |
| # | Origin Property PCL | 5780135 | 403993 |
|  | Osotspa PCL | 2845000 | 1381367 |
| # | Plan B Media PCL | 11663368 | 1507743 |
| \* | Platinum Group PCL, <br> Class F<br>| 2830700 | 102425 |
|  | Polyplex Thailand <br> PCL<br>| 2228587 | 651311 |
|  | Praram 9 Hospital <br> PCL<br>| 1807850 | 1213247 |
| # | Precious Shipping <br> PCL<br>| 8257500 | 1711002 |
|  | Premier Marketing <br> PCL<br>| 2431700 | 857318 |
| # | Prima Marine PCL | 6552234 | 1307002 |
|  | Principal Capital PCL | 1957300 | 119853 |
| \* | Property Perfect PCL | 23301687 | 50444 |
| # | Pruksa Holding PCL | 4631700 | 532857 |
| \* | PSG Corp. PCL | 177171 | 17095 |
|  | PTG Energy PCL | 8086600 | 2000705 |
|  | PTT Exploration & <br> Production PCL<br>| 5536569 | 18321104 |
| # | PTT Global Chemical <br> PCL<br>| 4421558 | 3452740 |
| # | PTT Oil & Retail <br> Business PCL<br>| 4439200 | 2018130 |
|  | PTT PCL | 36706900 | 34907598 |
| # | Quality Houses PCL | 47743004 | 1948995 |
|  | R&B Food Supply <br> PCL<br>| 1203800 | 134024 |
| \* | Raimon Land PCL | 17461100 | 70201 |
|  | Rajthanee Hospital <br> PCL<br>| 1046000 | 417300 |
|  | Ramkhamhaeng <br> Hospital PCL<br>| 10500 | 6040 |

---

635

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
| # | Ratch Group PCL | 2390200 | $2051277 |
|  | Ratchaphruek Hospital <br> PCL<br>| 2714500 | 414709 |
| # | Ratchthani Leasing <br> PCL<br>| 15207094 | 752477 |
|  | Regional Container <br> Lines PCL<br>| 2570000 | 2046621 |
| # | Rojana Industrial Park <br> PCL<br>| 5984112 | 829096 |
| # | S Hotels & Resorts <br> PCL<br>| 8172386 | 386694 |
|  | Sabina PCL | 681515 | 326689 |
|  | Saha Pathana <br> Inter-Holding PCL<br>| 50400 | 70530 |
|  | Sahamitr Pressure <br> Container PCL<br>| 353600 | 96779 |
|  | Saha-Union PCL | 755300 | 665720 |
|  | Saksiam Leasing <br> PCL<br>| 3285200 | 365756 |
|  | Samart Corp. PCL | 2520199 | 467642 |
|  | Sansiri PCL | 97195985 | 4208269 |
| # | Sappe PCL | 825800 | 925785 |
| # | SC Asset Corp. PCL | 14143116 | 743569 |
|  | SCB X PCL | 2083969 | 8442862 |
| # | SCG Packaging PCL | 4474200 | 2518337 |
| # | SCGJWD Logistics <br> PCL<br>| 160400 | 41173 |
|  | SEAFCO PCL | 3305102 | 231005 |
|  | Sena Development <br> PCL<br>| 4559850 | 263706 |
| # | Sermsang Power <br> Corp. Co. Ltd.<br>| 2443806 | 259987 |
|  | Siam Cement PCL  | 1180900 | 7450243 |
| # | Siam Global House <br> PCL<br>| 1318415 | 281338 |
|  | Siam Wellness Group <br> PCL<br>| 3501200 | 316175 |
|  | Siamgas & <br> Petrochemicals <br> PCL<br>| 5893300 | 1166449 |
|  | Sikarin PCL, Class F | 1379500 | 330636 |
| #\* | Singer Thailand PCL | 2481500 | 445112 |
| # | Singha Estate PCL | 21262581 | 361664 |
|  | SiS Distribution <br> Thailand PCL<br>| 260200 | 148870 |
| # | SISB PCL | 1235400 | 450834 |
| #\* | SKY ICT PCL | 96000 | 36518 |
| \* | SNC Former PCL | 1905000 | 353487 |
|  | Somboon Advance <br> Technology PCL<br>| 2088125 | 845970 |
|  | SPCG PCL | 3684200 | 945689 |
| # | Sri Trang <br> Agro-Industry PCL<br>| 6295282 | 2316804 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
| # | Sri Trang Gloves <br> Thailand PCL<br>| 5672677 | $1175412 |
| # | Srinanaporn Marketing <br> PCL<br>| 1416100 | 343788 |
|  | Srisawad Capital 1969 <br> PCL, Class F<br>| 4382015 | 150426 |
|  | Srisawad Corp. PCL | 4117280 | 3597129 |
|  | Srithai Superware <br> PCL<br>| 8983000 | 291701 |
|  | Srivichai Vejvivat PCL | 2916291 | 735048 |
| # | Star Petroleum <br> Refining PCL<br>| 11350099 | 1684876 |
| #\* | Stecon Group PCL | 4183287 | 1060861 |
| \* | Stella X PCL | 13241300 | 77806 |
| #\* | STP & I PCL | 6720926 | 752428 |
| # | Supalai PCL | 9224625 | 4878339 |
| \* | Super Energy Corp. <br> PCL<br>| 141162575 | 567532 |
|  | Susco PCL | 4075000 | 299938 |
|  | SVI PCL | 2050000 | 393073 |
|  | Syntec Construction <br> PCL<br>| 7690300 | 418584 |
|  | TAC Consumer PCL | 2816769 | 418138 |
| # | Taokaenoi Food & <br> Marketing PCL, <br> Class F<br>| 2789200 | 420946 |
| \* | Tata Steel Thailand <br> PCL<br>| 20449400 | 467993 |
|  | Thai Coconut PCL | 139800 | 30913 |
| # | Thai Life Insurance <br> PCL<br>| 2448600 | 779978 |
|  | Thai Nakarin Hospital <br> PCL<br>| 168000 | 170156 |
| # | Thai Oil PCL | 3810389 | 4212816 |
| \* | Thai Reinsurance <br> PCL<br>| 8794100 | 119666 |
|  | Thai Stanley Electric <br> PCL (STANLY/F <br> TB), Class F<br>| 231200 | 1383553 |
|  | Thai Stanley Electric <br> PCL (STANLY-R <br> TB), NVDR<br>| 7500 | 44882 |
|  | Thai Union Group <br> PCL<br>| 9594860 | 3887202 |
|  | Thai Vegetable Oil <br> PCL<br>| 3470257 | 2597193 |
|  | Thai Wah PCL | 4164200 | 324533 |
| #\* | Thaicom PCL | 4237800 | 1251616 |
|  | Thaifoods Group PCL | 10502626 | 1474623 |
|  | Thanachart Capital <br> PCL<br>| 1058300 | 1669191 |
| #\* | Thonburi Healthcare <br> Group PCL<br>| 1761480 | 438531 |

---

636

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
| # | Thoresen Thai <br> Agencies PCL<br>| 9716000 | $1322109 |
|  | TIDLOR Holdings <br> PCL<br>| 3981853 | 2586019 |
|  | Tipco Asphalt PCL <br> (TASCO/F TB)<br>| 3085590 | 1326417 |
|  | TIPCO Foods PCL | 1384300 | 333927 |
|  | Tisco Financial Group <br> PCL (TISCO/F TB)<br>| 804900 | 2675947 |
|  | Tisco Financial Group <br> PCL (TISCOR TB), <br> NVDR<br>| 90 | 299 |
|  | TKS Technologies <br> PCL<br>| 2077972 | 359878 |
| # | TMBThanachart Bank <br> PCL<br>| 56078683 | 3208460 |
| \* | TMT Steel PCL | 2855800 | 264958 |
|  | TOA Paint Thailand <br> PCL<br>| 2134899 | 851715 |
| # | TPI Polene PCL | 48115760 | 1071389 |
|  | TPI Polene Power <br> PCL<br>| 15024840 | 957203 |
| # | TQM Alpha PCL | 1138196 | 432962 |
|  | Triple i Logistics PCL | 352900 | 50640 |
| \* | True Corp. PCL | 42384284 | 14942967 |
| # | TTW PCL | 6182000 | 1730234 |
|  | Union Auction PCL | 1622000 | 285925 |
| # | Unique Engineering & <br> Construction PCL<br>| 5285405 | 470758 |
|  | United Paper PCL | 2202500 | 524486 |
|  | Univanich Palm Oil <br> PCL<br>| 5283100 | 1944298 |
|  | Vanachai Group PCL | 5890840 | 364363 |
|  | VGI PCL | 13819800 | 534243 |
|  | WHA Corp. PCL | 24223400 | 2442192 |
| # | WHA Utilities & Power <br> PCL<br>| 4175462 | 526856 |
| \* | Xspring Capital PCL | 26075833 | 387085 |
| TOTAL THAILAND | TOTAL THAILAND |  | 443516753 |
| TURKEY — (0.8%) | TURKEY — (0.8%) | TURKEY — (0.8%) | TURKEY — (0.8%) |
| \* | Adese Alisveris <br> Merkezleri Ticaret <br> AS<br>| 32035550 | 2776863 |
|  | Agesa Hayat ve <br> Emeklilik AS<br>| 307731 | 1535579 |
| \* | Ahlatci Dogal Gaz <br> Dagitim Enerji VE <br> Yatirim AS<br>| 451598 | 308288 |
| # | Akbank TAS | 11333136 | 16363746 |
|  | Akcansa Cimento AS | 289852 | 919007 |
| \* | Akenerji Elektrik <br> Uretim AS<br>| 1388634 | 339638 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| \* | Akfen Yenilenebilir <br> Enerji AS<br>| 1122582 | $459533 |
|  | Aksa Akrilik Kimya <br> Sanayii AS<br>| 8288314 | 2442083 |
| #\* | Aksa Enerji Uretim <br> AS<br>| 1359013 | 1679047 |
| \* | Aksigorta AS | 3309820 | 549871 |
| # | Alarko Holding AS | 1224384 | 2344638 |
|  | Albaraka Turk Katilim <br> Bankasi AS<br>| 17445925 | 3407762 |
| \* | Alcatel-Lucent Teletas <br> Telekomunikasyon <br> AS<br>| 1192 | 3512 |
|  | Alfa Solar Enerji <br> Sanayi VE Ticaret <br> AS<br>| 136992 | 143697 |
| \* | Alkim Alkali Kimya AS | 935770 | 431418 |
|  | Anadolu Anonim Turk <br> Sigorta Sirketi<br>| 5387328 | 2968358 |
| # | Anadolu Efes Biracilik <br> Ve Malt Sanayii AS<br>| 4785090 | 1651871 |
|  | Anadolu Hayat <br> Emeklilik AS<br>| 543905 | 1334101 |
|  | Anadolu Isuzu <br> Otomotiv Sanayi Ve <br> Ticaret AS, Class C<br>| 176428 | 240885 |
| \* | Anel Elektrik Proje <br> Taahhut ve Ticaret <br> AS<br>| 109746 | 43016 |
| #\* | Arcelik AS | 325658 | 855531 |
| \* | ARD Grup Bilisim <br> Teknolojileri AS<br>| 1002909 | 692942 |
|  | Aselsan Elektronik <br> Sanayi Ve Ticaret <br> AS<br>| 1207107 | 5835807 |
| # | Astor Transformator <br> Enerji Turizm Insaat <br> Ve Petrol Sanayi <br> Ticaret AS<br>| 912035 | 2128645 |
| \* | Aydem Yenilenebilir <br> Enerji AS<br>| 671729 | 303262 |
|  | Aygaz AS | 369530 | 1734519 |
|  | Baskent Dogalgaz <br> Dagitim <br> Gayrimenkul Yatirim <br> Ortakligi AS<br>| 22624 | 22477 |
| \* | Baticim Bati Anadolu <br> Cimento Sanayii <br> AS<br>| 12819810 | 1337820 |
| \* | BatiSoke Soke <br> Cimento Sanayii <br> TAS<br>| 1317356 | 504099 |
| \* | Bera Holding AS | 5606831 | 2446850 |

---

637

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| \* | Besler Gida Ve Kimya <br> Sanayi Ve Ticaret <br> AS<br>| 1040753 | $347133 |
| \* | Bien Yapi Urunleri <br> Sanayi Turizm ve <br> Ticaret AS<br>| 132465 | 128024 |
| # | BIM Birlesik <br> Magazalar AS<br>| 286459 | 3668394 |
| \* | Biotrend Cevre VE <br> Enerji Yatirimlari <br> AS<br>| 732821 | 407232 |
| \* | Birlesim Muhendislik <br> Isitma Sogutma <br> Havalandirma <br> Sanayi VE Ticaret <br> AS<br>| 136440 | 49434 |
|  | Bogazici Beton Sanayi <br> Ve Ticaret AS<br>| 677027 | 325581 |
| #\* | Borusan Birlesik Boru <br> Fabrikalari Sanayi <br> ve Ticaret AS<br>| 48426 | 554101 |
|  | Borusan Yatirim ve <br> Pazarlama AS<br>| 5752 | 334422 |
| \* | Bosch Fren Sistemleri <br> Sanayi ve Ticaret <br> AS<br>| 14514 | 58536 |
|  | Brisa Bridgestone <br> Sabanci Sanayi ve <br> Ticaret AS<br>| 152406 | 320320 |
|  | Bursa Cimento <br> Fabrikasi AS<br>| 4236095 | 651142 |
| \* | Can2 Termik AS | 10866775 | 624931 |
|  | Celebi Hava Servisi <br> AS<br>| 17928 | 664031 |
| \* | Cemas Dokum Sanayi <br> AS<br>| 1693587 | 224594 |
|  | Cemtas Celik Makina <br> Sanayi Ve Ticaret <br> AS<br>| 1609337 | 435982 |
| \* | Cimbeton Hazirbeton <br> ve Prefabrik Yapi <br> Elemanlari Sanayi <br> ve Ticaret AS<br>| 2675 | 140631 |
| # | Cimsa Cimento <br> Sanayi VE Ticaret <br> AS<br>| 1232524 | 1389303 |
| # | Coca-Cola Icecek AS | 2399331 | 2933002 |
| \* | DAP Gayrimenkul <br> Gelistirme AS<br>| 475757 | 158767 |
| \* | Deva Holding AS | 229627 | 386443 |
| # | Dogan Sirketler Grubu <br> Holding AS<br>| 7111462 | 2887629 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| # | Dogus Otomotiv <br> Servis ve Ticaret <br> AS<br>| 722346 | $3096590 |
|  | Eczacibasi Yatirim <br> Holding Ortakligi <br> AS<br>| 91429 | 632956 |
|  | EGE Endustri VE <br> Ticaret AS<br>| 3709 | 720781 |
|  | EGE Gubre Sanayii <br> AS<br>| 336669 | 852617 |
|  | EIS Eczacibasi Ilac ve <br> Sinai ve Finansal <br> Yatirimlar Sanayi ve <br> Ticaret AS<br>| 859769 | 1848377 |
| \* | Emek Elektrik <br> Endustrisi AS<br>| 53270 | 68212 |
| #Ω | Enerjisa Enerji AS | 572782 | 1122887 |
|  | Enerya Enerji AS | 1200628 | 278745 |
| # | Enka Insaat ve Sanayi <br> AS<br>| 2194936 | 4049160 |
| \* | Erbosan Erciyas Boru <br> Sanayii ve Ticaret <br> AS<br>| 89830 | 415328 |
|  | Eregli Demir ve Celik <br> Fabrikalari TAS<br>| 5478716 | 3576910 |
|  | Escar Turizm <br> Tasimacilik Ticaret <br> AS<br>| 665193 | 329705 |
| \* | Esenboga Elektrik <br> Uretim AS<br>| 3219697 | 597167 |
|  | Europap Tezol Kagit <br> Sanayi VE Ticaret <br> AS<br>| 492807 | 155838 |
| \* | Europen Endustri <br> Insaat Sanayi VE <br> Ticaret AS<br>| 6155628 | 1293549 |
| \* | Europower Enerji VE <br> Otomasyon <br> Teknolojileri Sanayi <br> Ticaret AS<br>| 174814 | 118946 |
| # | Ford Otomotiv Sanayi <br> AS<br>| 563270 | 1328078 |
| \* | Galata Wind Enerji <br> AS<br>| 227272 | 137951 |
|  | GEN Ilac VE Saglik <br> Urunleri Sanayi VE <br> Ticaret AS<br>| 60098 | 273319 |
|  | Gentas Genel Metal <br> Sanayi ve Ticaret <br> AS<br>| 169935 | 37184 |

---

638

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
|  | Gipta Ofis Kirtasiye <br> VE Promosyon <br> Urunleri Imalat <br> Sanayi AS<br>| 61612 | $146496 |
| \* | Girsim Elektrik Sanayi <br> Taahut Ve Ticaret <br> AS<br>| 333707 | 373844 |
|  | Global Yatirim Holding <br> AS<br>| 15717855 | 4362471 |
|  | Goknur Gida <br> Maddeleri Ithalat <br> Ihracat Ticaret Ve <br> Sanayi AS<br>| 650712 | 356521 |
|  | Goltas Goller Bolgesi <br> Cimento Sanayi ve <br> Ticaret AS<br>| 95322 | 752907 |
| \* | Goodyear Lastikleri <br> TAS<br>| 205803 | 79094 |
| \* | Gozde Girisim <br> Sermayesi Yatirim <br> Ortakligi AS<br>| 1430960 | 755630 |
| \* | GSD Holding AS | 7991502 | 922118 |
| #\* | Gubre Fabrikalari <br> TAS<br>| 96894 | 728730 |
|  | GUR-Sel Turizm <br> Tasimacilik VE <br> Servis Ticaret AS<br>| 20960 | 169941 |
| \* | HAT-San Gemi Insaa <br> Bakim Onarim <br> Deniz Nakliyat <br> Sanayi VE Ticaret <br> AS<br>| 75468 | 82825 |
| \* | Hitit Bilgisayar <br> Hizmetleri AS<br>| 261415 | 297925 |
| \* | HUN Yenilenebilir <br> Enerji Uretim AS<br>| 649995 | 58527 |
| \* | Ihlas Holding AS | 5376582 | 407213 |
| \* | Imas Makina Sanayi <br> AS<br>| 2368763 | 301564 |
| \* | Indeks Bilgisayar <br> Sistemleri <br> Muhendislik Sanayi <br> ve Ticaret AS<br>| 4391591 | 873531 |
| \* | Info Yatirim AS | 1676741 | 209748 |
| \* | Inveo Yatirim Holding <br> AS<br>| 314289 | 79589 |
| #\* | Ipek Dogal Enerji <br> Kaynaklari <br> Arastirma Ve Uretim <br> AS<br>| 547698 | 1013579 |
| \* | Is Finansal Kiralama <br> AS<br>| 4278335 | 1958061 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
|  | Is Yatirim Menkul <br> Degerler AS<br>| 2772022 | $2896156 |
| \* | Isiklar Enerji ve Yapi <br> Holding AS<br>| 3588618 | 2915709 |
| \* | Izdemir Enerji Elektrik <br> Uretim AS<br>| 3447000 | 789370 |
| \* | Izmir Demir Celik <br> Sanayi AS<br>| 4891134 | 742548 |
| \* | Izmir Firca Sanayi ve <br> Ticaret AS<br>| 13343 | 47598 |
|  | Jantsa Jant Sanayi Ve <br> Ticaret AS<br>| 624616 | 315533 |
|  | Kalekim Kimyevi <br> Maddeler Sanayi ve <br> Ticaret AS<br>| 674063 | 552957 |
| \* | Kardemir Karabuk <br> Demir Celik Sanayi <br> ve Ticaret AS <br> (KRDMA TI), <br> Class A<br>| 2003435 | 1368784 |
| #\* | Kardemir Karabuk <br> Demir Celik Sanayi <br> ve Ticaret AS <br> (KRDMD TI), <br> Class D<br>| 6910355 | 4495742 |
| \* | Karsan Otomotiv <br> Sanayii Ve Ticaret <br> AS<br>| 1230120 | 316371 |
| \* | Kartonsan Karton <br> Sanayi ve Ticaret <br> AS<br>| 27238 | 54726 |
| \* | Katmerciler Arac Ustu <br> Ekipman Sanayi ve <br> Ticaret AS<br>| 16482182 | 1225156 |
| \* | Kayseri Seker <br> Fabrikasi AS<br>| 76481 | 32953 |
|  | Kervan Gida Sanayi <br> Ve Ticaret AS<br>| 4500922 | 275039 |
|  | Kiler Holding AS | 86480 | 279690 |
| # | KOC Holding AS | 2000948 | 8148622 |
|  | Kocaer Celik Sanayi <br> Ve Ticaret AS<br>| 1956767 | 641670 |
|  | Kontrolmatik Enerji Ve <br> Muhendislik AS<br>| 260198 | 194451 |
| \* | Konya Cimento <br> Sanayii AS<br>| 4804 | 586345 |
| #\* | Kordsa Teknik Tekstil <br> AS<br>| 311684 | 414445 |
| #\* | Koza Anadolu Metal <br> Madencilik <br> Isletmeleri AS<br>| 380012 | 816585 |
|  | LDR Turizm AS | 1337033 | 2026962 |

---

639

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
|  | Logo Yazilim Sanayi <br> Ve Ticaret AS<br>| 377589 | $1500939 |
|  | Lokman Hekim <br> Engurusag Saglik <br> Turizm Egitim <br> Hizmetleri ve Insaat <br> Taahhut AS<br>| 1011043 | 403910 |
| \* | Loras Holding AS | 3286254 | 470902 |
| \* | Margun Enerji Uretim <br> Sanayi VE Ticaret <br> AS<br>| 1591407 | 1119604 |
| #\* | Marmara Holding AS | 3113705 | 222862 |
|  | Matriks Bilgi Dagitim <br> Hizmetleri AS<br>| 19447 | 12922 |
| #Ω | Mavi Giyim Sanayi Ve <br> Ticaret AS, Class B<br>| 3146574 | 3013065 |
| \* | Mega Metal Sanayi <br> VE Ticaret AS<br>| 175857 | 165602 |
|  | Merit Turizm Yatirim <br> ve Isletme AS<br>| 271836 | 146625 |
| #\* | MIA Teknoloji AS | 1767732 | 1564929 |
| # | Migros Ticaret AS | 150758 | 1623829 |
| \*Ω | MLP Saglik Hizmetleri <br> AS<br>| 374006 | 2988684 |
| \* | Naturel Yenilenebilir <br> Enerji Ticaret AS<br>| 1547440 | 338149 |
|  | Naturelgaz Sanayi ve <br> Ticaret AS<br>| 760179 | 202192 |
| \* | NET Holding AS | 1414526 | 1674426 |
|  | Nuh Cimento Sanayi <br> AS<br>| 283836 | 1645654 |
| #\* | ODAS Elektrik Uretim <br> ve Sanayi Ticaret <br> AS<br>| 7940165 | 1112658 |
| \* | Orge Enerji Elektrik <br> Taahhut AS<br>| 330863 | 543317 |
| \* | Ostim Endustriyel <br> Yatirimlar Ve <br> Isletme AS<br>| 2395042 | 194624 |
| \* | Otokar Otomotiv Ve <br> Savunma Sanayi <br> AS<br>| 46540 | 508024 |
| # | Oyak Cimento <br> Fabrikalari AS<br>| 3833869 | 1933914 |
| \* | Oyak Yatirim Menkul <br> Degerler AS<br>| 408083 | 526244 |
| #\* | Pegasus Hava <br> Tasimaciligi AS<br>| 873618 | 4355841 |
| \* | Peker Gayrimenkul <br> Yatirim Ortakligi AS<br>| 8592910 | 2451168 |
|  | Penta Teknoloji <br> Urunleri Dagitim <br> Ticaret AS<br>| 76752 | 28081 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| #\* | Petkim Petrokimya <br> Holding AS<br>| 2664681 | $1086639 |
| \* | Polisan Holding AS | 782848 | 326190 |
| \* | Politeknik Metal <br> Sanayi ve Ticaret <br> AS<br>| 1897 | 387000 |
| \* | Qua Granite Hayal | 2315765 | 480677 |
| \* | Ral Yatirim Holding <br> AS<br>| 874225 | 4120389 |
| \* | Reysas Tasimacilik ve <br> Lojistik Ticaret AS<br>| 2610516 | 923827 |
|  | Sarkuysan Elektrolitik <br> Bakir Sanayi ve <br> Ticaret AS<br>| 4396782 | 1599087 |
| #\* | Sasa Polyester Sanayi <br> AS<br>| 3296986 | 240561 |
|  | SDT Uzay VE <br> Savunma <br> Teknolojileri AS<br>| 31838 | 144070 |
|  | Sekerbank Turk AS | 16713823 | 3179931 |
|  | Selcuk Ecza Deposu <br> Ticaret ve Sanayi <br> AS<br>| 437984 | 809977 |
| # | Sok Marketler Ticaret <br> AS<br>| 1220459 | 1282742 |
|  | SUN Tekstil Sanayi Ve <br> Ticaret AS<br>| 489914 | 465962 |
|  | Suwen Tekstil Sanayi <br> Pazarlama AS<br>| 1244775 | 348551 |
| \* | Tapdi Oksijen Ozel <br> Saglik Hizmetleri <br> Sanayi VE Ticaret <br> AS<br>| 128513 | 70738 |
| \* | Tatlipinar Enerji Uretim <br> AS<br>| 313419 | 592379 |
| \* | TAV Havalimanlari <br> Holding AS<br>| 568269 | 3571722 |
| #\* | Tekfen Holding AS | 2194636 | 4392258 |
| \* | Teknosa Ic Ve Dis <br> Ticaret AS<br>| 72884 | 43292 |
| # | Tofas Turk Otomobil <br> Fabrikasi AS<br>| 112284 | 704101 |
| \* | Tukas Gida Sanayi ve <br> Ticaret AS<br>| 15022247 | 1021560 |
| \* | Tumosan Motor ve <br> Traktor Sanayi AS<br>| 345608 | 899880 |
| #\* | Turk Altin Isletmeleri <br> AS<br>| 970359 | 618870 |
| # | Turk Hava Yollari AO | 1661642 | 11506298 |
| \* | Turk Ilac VE Serum <br> Sanayi AS<br>| 210880 | 106348 |

---

640

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| #\* | Turk <br> Telekomunikasyon <br> AS<br>| 2326620 | $2820544 |
|  | Turk Traktor ve Ziraat <br> Makineleri AS<br>| 54876 | 713784 |
| # | Turkcell Iletisim <br> Hizmetleri AS<br>| 3412159 | 8078792 |
|  | Turkiye Garanti <br> Bankasi AS<br>| 2048140 | 6541580 |
| # | Turkiye Is Bankasi AS, <br> Class C<br>| 26058433 | 7821527 |
|  | Turkiye Petrol <br> Rafinerileri AS<br>| 3708983 | 17410118 |
|  | Turkiye Sigorta AS | 7712387 | 2264050 |
| #\* | Turkiye Sinai <br> Kalkinma Bankasi <br> AS<br>| 16384947 | 5013156 |
| # | Turkiye Sise ve Cam <br> Fabrikalari AS<br>| 2125697 | 1855752 |
| #\* | Turkiye Vakiflar <br> Bankasi TAO, <br> Class D<br>| 11268172 | 6538829 |
| # | Ulker Biskuvi Sanayi <br> AS<br>| 1202956 | 3086496 |
| \* | Ulusoy Un Sanayi ve <br> Ticaret AS<br>| 822040 | 150948 |
| \* | Usak Seramik Sanayii <br> AS<br>| 2987425 | 246688 |
| \* | Vakif Finansal <br> Kiralama AS<br>| 23188812 | 1082660 |
|  | Vestel Beyaz Esya <br> Sanayi ve Ticaret <br> AS<br>| 3132944 | 655097 |
| #\* | Vestel Elektronik <br> Sanayi ve Ticaret <br> AS<br>| 1028555 | 814390 |
| #\* | Yapi ve Kredi Bankasi <br> AS<br>| 12212571 | 9742533 |
| \* | Yatas Yatak ve Yorgan <br> Sanayi ve Ticaret <br> AS<br>| 997955 | 889662 |
| \* | Yayla Agro Gida <br> Sanayi VE Nakliyat <br> AS<br>| 1819148 | 475438 |
| \* | YEO Teknoloji Enerji <br> VE Endustri AS<br>| 619090 | 504864 |
|  | Ziraat Gayrimenkul <br> Yatirim Ortakligi AS<br>| 1131674 | 622608 |
| #\* | Zorlu Enerji Elektrik <br> Uretim AS<br>| 11609650 | 924020 |
| TOTAL TURKEY | TOTAL TURKEY |  | 282421273 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED ARAB EMIRATES — (1.5%) | UNITED ARAB EMIRATES — (1.5%) | UNITED ARAB EMIRATES — (1.5%) | UNITED ARAB EMIRATES — (1.5%) |
|  | Abu Dhabi <br> Commercial Bank <br> PJSC<br>| 8888324 | $34871548 |
|  | Abu Dhabi Islamic <br> Bank PJSC<br>| 6623342 | 38058564 |
|  | Abu Dhabi National <br> Hotels<br>| 7393943 | 897292 |
|  | Abu Dhabi National <br> Insurance Co. PSC<br>| 130367 | 259752 |
|  | Abu Dhabi National <br> Oil Co. for <br> Distribution PJSC<br>| 9458903 | 9244384 |
| \* | Abu Dhabi Ports Co. <br> PJSC<br>| 2245430 | 2803406 |
|  | Abu Dhabi Ship <br> Building Co. PJSC<br>| 435036 | 852118 |
|  | ADNOC Drilling Co. <br> PJSC<br>| 6930773 | 10529563 |
|  | ADNOC Logistics & <br> Services<br>| 157441 | 245934 |
|  | Agility Global PLC | 5654065 | 1677371 |
|  | Agthia Group PJSC | 1979622 | 2084907 |
|  | Air Arabia PJSC | 17773379 | 18859123 |
|  | Ajman Bank PJSC | 8261337 | 3283981 |
| \* | AL Seer Marine <br> Supplies & <br> Equipment Co. LLC<br>| 1035925 | 837943 |
|  | Aldar Properties <br> PJSC<br>| 5419426 | 13278223 |
|  | Alpha Dhabi Holding <br> PJSC<br>| 337245 | 919263 |
|  | Amanat Holdings <br> PJSC<br>| 7942854 | 2485985 |
|  | Americana <br> Restaurants <br> International PLC - <br> Foreign Co.<br>| 1693142 | 963721 |
| \* | Amlak Finance PJSC | 8588913 | 4046184 |
| \* | Apex Investment Co. <br> PSC<br>| 2358994 | 2471329 |
| \*†† | Arabtec Holding <br> PJSC<br>| 1809860 | 0 |
| \* | Bank of Sharjah | 296619 | 104230 |
|  | Burjeel Holdings PLC | 5384793 | 2053276 |
|  | Dana Gas PJSC | 37276215 | 8403724 |
|  | Deyaar Development <br> PJSC<br>| 11438161 | 3212168 |
|  | Dubai Electricity & <br> Water Authority <br> PJSC<br>| 5349941 | 4047588 |
|  | Dubai Financial <br> Market PJSC<br>| 9437531 | 3960693 |

---

641

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
|  | Dubai Investments <br> PJSC<br>| 13577988 | $12278251 |
|  | Dubai Islamic Bank <br> PJSC<br>| 14974691 | 38736763 |
|  | Emaar Development <br> PJSC<br>| 7931480 | 32218145 |
|  | Emaar Properties <br> PJSC<br>| 22537337 | 87211459 |
|  | Emirates Central <br> Cooling Systems <br> Corp.<br>| 5204971 | 2238759 |
|  | Emirates Driving Co. | 401524 | 346515 |
|  | Emirates Integrated <br> Telecommunications <br> Co. PJSC<br>| 1289337 | 3315587 |
|  | Emirates NBD Bank <br> PJSC<br>| 5334526 | 40819153 |
| \* | Emirates Reem <br> Investments PJSC<br>| 62022 | 48257 |
|  | Emirates <br> Telecommunications <br> Group Co. PJSC<br>| 6775982 | 35775707 |
| \* | EMSTEEL Building <br> Materials PJSC<br>| 10561775 | 3390333 |
| \* | Eshraq Investments <br> PJSC<br>| 7961615 | 937875 |
|  | Fertiglobe PLC | 7133017 | 4854580 |
|  | First Abu Dhabi Bank <br> PJSC<br>| 7609855 | 36124030 |
| \* | Ghitha Holding PJSC | 145580 | 929686 |
| \* | Gulf Navigation <br> Holding PJSC<br>| 1112100 | 2761028 |
| \* | Gulf Pharmaceutical <br> Industries PSC<br>| 1379139 | 461179 |
| \* | International Holding <br> Co. PJSC<br>| 16916 | 1842385 |
| \* | Manazel PJSC | 8913842 | 727737 |
| \* | Multiply Group PJSC | 12305787 | 9998774 |
|  | National Central <br> Cooling Co. PJSC<br>| 388269 | 319155 |
| \* | National Corp. for <br> Tourism & Hotels<br>| 311843 | 156137 |
|  | NMDC Group PJSC | 11458 | 74597 |
|  | Palms Sports PrJSC | 144639 | 330535 |
| \* | Presight AI Holding <br> PLC<br>| 1171556 | 1150960 |
|  | Pure Health Holding <br> PJSC<br>| 13208 | 10108 |
| \* | RAK Properties PJSC | 11015628 | 4232242 |
|  | Ras Al Khaimah <br> Ceramics PJSC<br>| 3443302 | 2409491 |
|  | Salik Co. PJSC | 4884138 | 7951059 |
|  | Sharjah Islamic Bank | 2557890 | 2054486 |
| \* | Shuaa Capital PSC | 8736348 | 506054 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
| \* | Space42 PLC | 2170241 | $1098078 |
|  | Taaleem Holdings <br> PJSC<br>| 432302 | 510381 |
|  | TECOM Group PJSC | 849755 | 754077 |
| \* | Union Properties <br> PJSC<br>| 17009230 | 3729347 |
| TOTAL UNITED ARAB <br> EMIRATES | TOTAL UNITED ARAB <br> EMIRATES |  | 510755180 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 33116918488 |
| PREFERRED STOCKS — (0.8%) | PREFERRED STOCKS — (0.8%) | PREFERRED STOCKS — (0.8%) | PREFERRED STOCKS — (0.8%) |
| BRAZIL — (0.8%) | BRAZIL — (0.8%) | BRAZIL — (0.8%) | BRAZIL — (0.8%) |
|  | Alpargatas SA, <br> 1.006%<br>| 790460 | 1554488 |
|  | Banco ABC Brasil SA, <br> 8.457%<br>| 737378 | 3153759 |
| Ω | Banco BMG SA, <br> 7.859%<br>| 1036964 | 776767 |
| \* | Banco BMG SA | 38525 | 27927 |
|  | Banco Bradesco SA, <br> 7.400%<br>| 6466753 | 21828499 |
|  | Banco do Estado do <br> Rio Grande do Sul <br> SA, 9.033%<br>| 1527573 | 3901310 |
|  | Banco Mercantil do <br> Brasil SA, 2.089%<br>| 3455 | 36618 |
|  | Banco Pan SA, <br> 2.333%<br>| 1193101 | 2295299 |
|  | Banco Pine SA, <br> 6.844%<br>| 310460 | 541867 |
|  | Centrais Eletricas <br> Brasileiras SA, <br> 6.512%<br>| 323377 | 3569803 |
|  | Centrais Eletricas de <br> Santa Catarina SA, <br> 9.478%<br>| 65563 | 1273372 |
|  | Cia de Ferro Ligas da <br> Bahia FERBASA, <br> 6.359%<br>| 1543128 | 2251611 |
|  | Cia De Sanena Do <br> Parana, 6.586%<br>| 5317906 | 6751233 |
|  | Cia Energetica de <br> Minas Gerais, <br> 12.908%<br>| 5479913 | 11550705 |
|  | Cia Energetica do <br> Ceara, 4.657%<br>| 72603 | 391628 |
|  | Cia Paranaense de <br> Energia - Copel <br> Class B, 4.654%<br>| 3838043 | 9930494 |
|  | Energisa SA, 6.170% | 2742 | 4791 |

---

642

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Eucatex SA Industria <br> e Comercio, <br> 4.404%<br>| 247800 | $769200 |
|  | Gerdau SA, 3.379% | 1913073 | 6734933 |
|  | Isa Energia Brasil SA, <br> 10.298%<br>| 705895 | 3294645 |
|  | Itau Unibanco Holding <br> SA, 6.653%<br>| 5148488 | 37743170 |
|  | Marcopolo SA, <br> 7.858%<br>| 4141425 | 6073633 |
|  | Petroleo Brasileiro SA <br> - Petrobras, <br> 10.136%<br>| 22001222 | 121662163 |
| \* | Raizen SA | 5626827 | 993594 |
|  | Randoncorp SA, <br> 4.234%<br>| 1638826 | 1842935 |
|  | Schulz SA, 6.913% | 781878 | 707766 |
|  | Taurus Armas SA, <br> 3.642%<br>| 499492 | 469787 |
|  | Track & Field Co. SA, <br> 1.451%<br>| 145162 | 488645 |
|  | Unipar Carbocloro SA, <br> 10.425%<br>| 503605 | 6646150 |
| \* | Usinas Siderurgicas <br> de Minas Gerais SA <br> Usiminas<br>| 3223567 | 3397360 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 260664152 |
| CHILE — (0.0%) | CHILE — (0.0%) | CHILE — (0.0%) | CHILE — (0.0%) |
|  | Coca-Cola Embonor <br> SA Class B, <br> 6.187%<br>| 319716 | 470825 |
|  | Embotelladora Andina <br> SA, 4.564%<br>| 897867 | 4038671 |
| TOTAL CHILE | TOTAL CHILE |  | 4509496 |
| COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) |
| \* | Banco Davivienda SA | 231975 | 1674215 |
|  | Grupo Argos SA, <br> 5.588%<br>| 280212 | 878145 |
|  | Grupo Aval Acciones y <br> Valores SA, <br> 3.140%<br>| 10193905 | 2054823 |
|  | Grupo Cibest SA, <br> 8.036%<br>| 80974 | 1182679 |
|  | Grupo de Inversiones <br> Suramericana SA, <br> 3.606%<br>| 279773 | 2968533 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 8758395 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (0.0%) | INDIA — (0.0%) | INDIA — (0.0%) | INDIA — (0.0%) |
|  | TVS Motor Co. Ltd., <br> 6.000%<br>| 2532220 | $285252 |
| PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) |
|  | Cebu Air, Inc., <br> 6.000%<br>| 648847 | 363698 |
| TOTAL PREFERRED <br> STOCKS | TOTAL PREFERRED <br> STOCKS |  | 274580993 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) |
| \* | Banco Pine SA Rights <br> 11/17/2025<br>| 7852 | 1576 |
| \* | Oncoclinicas do Brasil <br> Servicos Medicos <br> SA Rights <br> 11/07/2025<br>| 481952 | 2688 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 4264 |
| MALAYSIA — (0.0%) | MALAYSIA — (0.0%) | MALAYSIA — (0.0%) | MALAYSIA — (0.0%) |
| \* | Berjaya Food Bhd. <br> Warrants <br> 10/15/2026<br>| 1327959 | 0 |
| \* | Hengyuan Refining <br> Co. Bhd. Warrants <br> 10/27/2030<br>| 469900 | 23562 |
| TOTAL MALAYSIA | TOTAL MALAYSIA |  | 23562 |
| SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) |
| \* | KBI Dongyang Steel <br> Pipe Co. Ltd. Rights <br> 12/04/2025<br>| 68972 | 25512 |
| \* | Robotis Co. Ltd. <br> Rights 11/10/2025<br>| 1232 | 98318 |
| TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 123830 |
| TAIWAN — (0.0%) | TAIWAN — (0.0%) | TAIWAN — (0.0%) | TAIWAN — (0.0%) |
| \* | GlycoNex, Inc. | 6071 | 296 |
| \* | Medeon Biodesign, <br> Inc. Rights <br> 12/05/2025<br>| 1987 | 938 |
| \* | National Aerospace <br> Fasteners Corp. <br> Rights 11/17/2025<br>| 13829 | 5623 |
| \* | Yeong Guan Energy <br> Technology Group <br> Co. Ltd. Rights <br> 11/10/2025<br>| 96269 | 5950 |
| TOTAL TAIWAN | TOTAL TAIWAN |  | 12807 |

---

643

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) |
| \* | Assetwise PCL | 9090 | $0 |
| \* | Better World Green <br> PCL Warrants<br>| 9003861 | 0 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 164463 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $18,712,597,522) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $18,712,597,522) |  | 33391663944 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| SECURITIES LENDING COLLATERAL — (2.0%) | SECURITIES LENDING COLLATERAL — (2.0%) | SECURITIES LENDING COLLATERAL — (2.0%) | SECURITIES LENDING COLLATERAL — (2.0%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 58326105 | $674658062 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $19,387,255,584) | (Cost $19,387,255,584) |  | $34066322006 |

---

As of October 31, 2025, Emerging Markets Core Equity 2 Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 772 | 12/19/25 | &nbsp;&nbsp; $258415844 | &nbsp;&nbsp; $265336400 | &nbsp;&nbsp; $6920556 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$258415844** | &nbsp;&nbsp; **$265336400** | &nbsp;&nbsp; **$6920556** |

---

As of October 31, 2025, the value of Rule 144A securities amounted to $1,396,483,629 or 4.2% of net assets.

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Brazil | &nbsp;&nbsp; $910868274 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $910868274 |
| Chile | &nbsp;&nbsp; 33022357 | &nbsp;&nbsp; $108270788 | &nbsp;&nbsp; — | &nbsp;&nbsp; 141293145 |
| China | &nbsp;&nbsp; 671606766 | &nbsp;&nbsp; 8453148800 | &nbsp;&nbsp; $1259420 | &nbsp;&nbsp; 9126014986 |
| Colombia | &nbsp;&nbsp; 33574982 | &nbsp;&nbsp; 4461556 | &nbsp;&nbsp; — | &nbsp;&nbsp; 38036538 |
| Czech Republic | &nbsp;&nbsp; — | &nbsp;&nbsp; 44042580 | &nbsp;&nbsp; — | &nbsp;&nbsp; 44042580 |
| Egypt | &nbsp;&nbsp; 131241 | &nbsp;&nbsp; 10572138 | &nbsp;&nbsp; — | &nbsp;&nbsp; 10703379 |
| France | &nbsp;&nbsp; 2299840 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 2299840 |
| Greece | &nbsp;&nbsp; — | &nbsp;&nbsp; 174801653 | &nbsp;&nbsp; — | &nbsp;&nbsp; 174801653 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 1945450 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1945450 |
| Hungary | &nbsp;&nbsp; — | &nbsp;&nbsp; 81137189 | &nbsp;&nbsp; — | &nbsp;&nbsp; 81137189 |
| India | &nbsp;&nbsp; 189447468 | &nbsp;&nbsp; 5628955235 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5818402703 |
| Indonesia | &nbsp;&nbsp; 7161634 | &nbsp;&nbsp; 433871240 | &nbsp;&nbsp; 214566 | &nbsp;&nbsp; 441247440 |
| Kuwait | &nbsp;&nbsp; — | &nbsp;&nbsp; 133694102 | &nbsp;&nbsp; 452449 | &nbsp;&nbsp; 134146551 |
| Malaysia | &nbsp;&nbsp; — | &nbsp;&nbsp; 453800501 | &nbsp;&nbsp; 218 | &nbsp;&nbsp; 453800719 |
| Mexico | &nbsp;&nbsp; 683478656 | &nbsp;&nbsp; 2611022 | &nbsp;&nbsp; — | &nbsp;&nbsp; 686089678 |
| Peru | &nbsp;&nbsp; 36019282 | &nbsp;&nbsp; — | &nbsp;&nbsp; 13 | &nbsp;&nbsp; 36019295 |
| Philippines | &nbsp;&nbsp; 2284573 | &nbsp;&nbsp; 162567427 | &nbsp;&nbsp; 33359 | &nbsp;&nbsp; 164885359 |
| Poland | &nbsp;&nbsp; — | &nbsp;&nbsp; 399324102 | &nbsp;&nbsp; — | &nbsp;&nbsp; 399324102 |
| Qatar | &nbsp;&nbsp; — | &nbsp;&nbsp; 224179308 | &nbsp;&nbsp; — | &nbsp;&nbsp; 224179308 |
| Saudi Arabia | &nbsp;&nbsp; 610321 | &nbsp;&nbsp; 1025331392 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1025941713 |
| South Africa | &nbsp;&nbsp; 195727547 | &nbsp;&nbsp; 882435964 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1078163511 |

---

644

------

**Emerging Markets Core Equity 2 Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| South Korea | &nbsp;&nbsp; $66444795 | &nbsp;&nbsp; $3993462355 | &nbsp;&nbsp; $1227351 | &nbsp;&nbsp; $4061134501 |
| Taiwan | &nbsp;&nbsp; 705160099 | &nbsp;&nbsp; 6120482227 | &nbsp;&nbsp; 105042 | &nbsp;&nbsp; 6825747368 |
| Thailand | &nbsp;&nbsp; 5969874 | &nbsp;&nbsp; 437546879 | &nbsp;&nbsp; — | &nbsp;&nbsp; 443516753 |
| Turkey | &nbsp;&nbsp; 222862 | &nbsp;&nbsp; 282198411 | &nbsp;&nbsp; — | &nbsp;&nbsp; 282421273 |
| United Arab Emirates | &nbsp;&nbsp; — | &nbsp;&nbsp; 510755180 | &nbsp;&nbsp; — | &nbsp;&nbsp; 510755180 |
| Preferred Stocks |  |  |  |  |
| Brazil | &nbsp;&nbsp; 260664152 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 260664152 |
| Chile | &nbsp;&nbsp; — | &nbsp;&nbsp; 4509496 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4509496 |
| Colombia | &nbsp;&nbsp; 8758395 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 8758395 |
| India | &nbsp;&nbsp; — | &nbsp;&nbsp; 285252 | &nbsp;&nbsp; — | &nbsp;&nbsp; 285252 |
| Philippines | &nbsp;&nbsp; — | &nbsp;&nbsp; 363698 | &nbsp;&nbsp; — | &nbsp;&nbsp; 363698 |
| Rights/Warrants |  |  |  |  |
| Brazil | &nbsp;&nbsp; — | &nbsp;&nbsp; 4264 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4264 |
| Malaysia | &nbsp;&nbsp; — | &nbsp;&nbsp; 23562 | &nbsp;&nbsp; — | &nbsp;&nbsp; 23562 |
| South Korea | &nbsp;&nbsp; — | &nbsp;&nbsp; 123830 | &nbsp;&nbsp; — | &nbsp;&nbsp; 123830 |
| Taiwan | &nbsp;&nbsp; — | &nbsp;&nbsp; 12807 | &nbsp;&nbsp; — | &nbsp;&nbsp; 12807 |
| Thailand | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 674658062 | &nbsp;&nbsp; — | &nbsp;&nbsp; 674658062 |
| Total Investments in Securities | &nbsp;&nbsp; $3813453118 | &nbsp;&nbsp; $30249576470 | &nbsp;&nbsp; $3,292,418˂˃ | &nbsp;&nbsp; $34066322006 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 6920556 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 6920556 |
| Total Financial Instruments | &nbsp;&nbsp; $6920556 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $6920556 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

645

------

**Emerging Markets Targeted Value Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (98.8%) | COMMON STOCKS — (98.8%) | COMMON STOCKS — (98.8%) | COMMON STOCKS — (98.8%) |
| BRAZIL — (2.8%) | BRAZIL — (2.8%) | BRAZIL — (2.8%) | BRAZIL — (2.8%) |
|  | Anima Holding SA | 52600 | $34513 |
|  | Bemobi Mobile Tech <br> SA<br>| 10600 | 46203 |
| \* | Blau Farmaceutica SA | 4900 | 12186 |
|  | BrasilAgro - Co. <br> Brasileira de <br> Propriedades <br> Agricolas<br>| 6700 | 24882 |
|  | C&A Modas SA | 43100 | 130182 |
| \* | Cia Brasileira de <br> Aluminio<br>| 48891 | 47165 |
| \* | Cia Brasileira de <br> Distribuicao<br>| 66272 | 46317 |
|  | Cia Siderurgica <br> Nacional SA <br> (CSNA3 BZ)<br>| 112253 | 196966 |
|  | Cogna Educacao SA | 217492 | 151195 |
| \* | Cosan SA | 70300 | 80362 |
|  | Cruzeiro do Sul <br> Educacional SA<br>| 55600 | 60251 |
|  | Cyrela Brazil Realty <br> SA <br> Empreendimentos e <br> Participacoes<br>| 52448 | 297046 |
| Ω | Desktop SA | 20083 | 57114 |
|  | Dexco SA | 70866 | 70603 |
|  | Dimed SA Distribuidora <br> da Medicamentos<br>| 27900 | 48696 |
|  | Embraer SA (EMBR3 <br> BZ)<br>| 61354 | 992051 |
|  | Embraer SA (ERJ US), <br> Sponsored ADR<br>| 6184 | 398744 |
|  | Empreendimentos <br> Pague Menos SA<br>| 74640 | 54108 |
|  | Even Construtora e <br> Incorporadora SA<br>| 24000 | 33234 |
|  | Ez Tec <br> Empreendimentos e <br> Participacoes SA<br>| 15978 | 55092 |
|  | Fleury SA | 14798 | 40021 |
| # | Gerdau SA, Sponsored <br> ADR<br>| 187063 | 652850 |
|  | Grendene SA | 48331 | 47253 |
|  | Grupo Mateus SA | 48100 | 57577 |
|  | Grupo SBF SA | 22200 | 53272 |
|  | Guararapes <br> Confeccoes SA<br>| 20980 | 39504 |
|  | Intelbras SA Industria <br> de Telecomunicacao <br> Eletronica Brasileira<br>| 7100 | 15784 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Iochpe Maxion SA | 29100 | $59228 |
|  | Irani Papel e <br> Embalagem SA<br>| 15523 | 25737 |
| \* | IRB-Brasil Resseguros <br> SA<br>| 12326 | 113039 |
|  | JHSF Participacoes <br> SA<br>| 78158 | 95737 |
|  | JSL SA | 22100 | 22182 |
|  | Lavvi <br> Empreendimentos <br> Imobiliarios SA<br>| 16300 | 45295 |
|  | Localiza Rent a Car <br> SA<br>| 80447 | 589751 |
|  | Lojas Quero-Quero <br> SA<br>| 27475 | 10725 |
|  | Lojas Renner SA | 112922 | 311483 |
| Ω | LWSA SA | 19227 | 13974 |
|  | Magazine Luiza SA | 53200 | 83756 |
|  | MBRF Global Foods <br> Co. SA<br>| 69554 | 231030 |
|  | Melnick Even <br> Desenvolvimento <br> Imobiliario SA<br>| 15800 | 11542 |
|  | Mills Locacao Servicos <br> e Logistica SA<br>| 9000 | 21831 |
|  | Motiva Infraestrutura <br> de Mobilidade SA<br>| 10700 | 31583 |
|  | Moura Dubeux <br> Engenharia SA<br>| 15700 | 80689 |
|  | Movida Participacoes <br> SA<br>| 36135 | 55009 |
| \* | MRV Engenharia e <br> Participacoes SA<br>| 44400 | 62392 |
| \* | Natura Cosmeticos SA | 95800 | 160440 |
| \* | Oceanpact Servicos <br> Maritimos SA<br>| 18400 | 25959 |
|  | Petroreconcavo SA | 28600 | 66025 |
|  | Porto Seguro SA | 35644 | 318348 |
| \* | PRIO SA | 120597 | 807649 |
|  | Profarma Distribuidora <br> de Produtos <br> Farmaceuticos SA<br>| 7100 | 11086 |
|  | Sao Martinho SA | 34578 | 90238 |
| Ω | Ser Educacional SA | 36600 | 69255 |
|  | Simpar SA | 75244 | 64615 |
|  | SLC Agricola SA | 18990 | 57006 |
|  | TIM SA | 8050 | 36345 |
|  | Tres Tentos <br> Agroindustrial SA<br>| 9019 | 26839 |
|  | Trisul SA | 14441 | 20507 |
|  | Tupy SA | 2400 | 5523 |

---

646

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Ultrapar Participacoes <br> SA (UGPA3 BZ)<br>| 72870 | $289993 |
|  | Unifique <br> Telecomunicacoes <br> SA<br>| 17671 | 15832 |
|  | Valid Solucoes e <br> Servicos de <br> Seguranca em <br> Meios de <br> Pagamento e <br> Identificacao SA<br>| 13000 | 53523 |
|  | Vamos Locacao de <br> Caminhoes <br> Maquinas e <br> Equipamentos SA<br>| 64202 | 38665 |
|  | Vibra Energia SA | 149579 | 661712 |
|  | YDUQS Participacoes <br> SA<br>| 53500 | 141309 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 8569023 |
| CHILE — (0.2%) | CHILE — (0.2%) | CHILE — (0.2%) | CHILE — (0.2%) |
|  | Banco Itau Chile SA | 5784 | 105019 |
| \* | CAP SA | 9137 | 61056 |
|  | Empresa Nacional de <br> Telecomunicaciones <br> SA<br>| 27500 | 130997 |
|  | Empresas CMPC SA | 142426 | 205687 |
|  | Inversiones Aguas <br> Metropolitanas SA<br>| 6861 | 6919 |
|  | Ripley Corp. SA | 203862 | 99055 |
|  | Salfacorp SA | 72948 | 80123 |
|  | Sociedad Matriz SAAM <br> SA<br>| 195719 | 25915 |
|  | SONDA SA | 85422 | 30983 |
| TOTAL CHILE | TOTAL CHILE |  | 745754 |
| CHINA — (30.0%) | CHINA — (30.0%) | CHINA — (30.0%) | CHINA — (30.0%) |
|  | 361 Degrees <br> International Ltd.<br>| 178000 | 134631 |
| Ω | 3SBio, Inc. | 340000 | 1352741 |
|  | 5I5J Holding Group <br> Co. Ltd., Class A<br>| 18200 | 7345 |
|  | AAC Technologies <br> Holdings, Inc.<br>| 96500 | 496048 |
|  | Advanced Technology <br> & Materials Co. Ltd., <br> Class A<br>| 28900 | 86321 |
| \* | Agora, Inc., ADR | 19782 | 70226 |
| Ω | A-Living Smart City <br> Services Co. Ltd., <br> Class H<br>| 99500 | 31655 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Allmed Medical <br> Products Co. Ltd., <br> Class A<br>| 10200 | $15618 |
|  | Aluminum Corp. of <br> China Ltd., Class H<br>| 492000 | 625587 |
| \* | Angang Steel Co. Ltd., <br> Class H<br>| 140600 | 36710 |
|  | Anhui Conch Cement <br> Co. Ltd., Class H<br>| 231000 | 688718 |
|  | Anhui Construction <br> Engineering Group <br> Co. Ltd., Class A<br>| 37200 | 24784 |
|  | Anhui Guangxin <br> Agrochemical Co. <br> Ltd., Class A<br>| 8820 | 14532 |
|  | Anhui Heli Co. Ltd., <br> Class A<br>| 8200 | 24017 |
|  | Anhui Hengyuan Coal <br> Industry & Electricity <br> Power Co. Ltd., <br> Class A<br>| 22700 | 22842 |
|  | Anhui Honglu Steel <br> Construction Group <br> Co. Ltd., Class A<br>| 6500 | 16544 |
|  | Anhui Jiangnan <br> Chemical Industry <br> Co. Ltd., Class A<br>| 24400 | 21994 |
|  | Anhui Jinhe Industrial <br> Co. Ltd., Class A<br>| 8800 | 24841 |
|  | Anhui Kouzi Distillery <br> Co. Ltd., Class A<br>| 5300 | 24147 |
|  | Anhui Transport <br> Consulting & Design <br> Institute Co. Ltd., <br> Class A<br>| 16700 | 20032 |
| \* | Anhui Truchum <br> Advanced Materials <br> & Technology Co. <br> Ltd., Class A<br>| 14800 | 27736 |
|  | Anhui Xinhua Media <br> Co. Ltd., Class A<br>| 22500 | 21188 |
|  | Anhui Yingliu <br> Electromechanical <br> Co. Ltd., Class A<br>| 6600 | 36997 |
|  | Anhui Zhongding <br> Sealing Parts Co. <br> Ltd., Class A<br>| 21800 | 70254 |
|  | Anjoy Foods Group <br> Co. Ltd., Class A<br>| 2300 | 23888 |
|  | Anton Oilfield Services <br> Group<br>| 374000 | 50582 |
|  | Aoshikang Technology <br> Co. Ltd., Class A<br>| 6000 | 32605 |

---

647

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Aotecar New Energy <br> Technology Group <br> Co. Ltd., Class A<br>| 60800 | $27196 |
|  | APT Satellite Holdings <br> Ltd.<br>| 118000 | 32225 |
| \* | Asia - Potash <br> International <br> Investment <br> Guangzhou Co. Ltd., <br> Class A<br>| 8400 | 49302 |
| \* | Asia Cement China <br> Holdings Corp.<br>| 76500 | 25097 |
| Ω | AsiaInfo Technologies <br> Ltd.<br>| 52400 | 60871 |
|  | Autohome, Inc., ADR | 3131 | 78901 |
|  | AviChina Industry & <br> Technology Co. Ltd., <br> Class H<br>| 401000 | 204267 |
| \*Ω | BAIC Motor Corp. Ltd., <br> Class H<br>| 169500 | 43829 |
| \* | Baidu, Inc. (9888 HK), <br> Class A<br>| 316051 | 4783810 |
| #\* | Baidu, Inc. (BIDU US), <br> Sponsored ADR<br>| 783 | 94641 |
| \*Ω | Bairong, Inc. | 49000 | 62043 |
|  | Bank of Chongqing Co. <br> Ltd., Class H<br>| 69500 | 71725 |
| Ω | Bank of Qingdao Co. <br> Ltd., Class H<br>| 238000 | 131580 |
|  | Bank of Xi'an Co. Ltd., <br> Class A<br>| 90300 | 49366 |
|  | Baoji Titanium Industry <br> Co. Ltd., Class A<br>| 5800 | 26132 |
| \* | Baozun, Inc. (BZUN <br> US), Sponsored <br> ADR<br>| 15036 | 49318 |
|  | BBMG Corp., Class H | 356000 | 37555 |
|  | BBMG Jidong Cement <br> Group Co. Ltd., <br> Class A<br>| 31600 | 21408 |
|  | Befar Group Co. Ltd., <br> Class A<br>| 33500 | 20347 |
|  | Beibuwan Port Co. <br> Ltd., Class A<br>| 19300 | 23767 |
| \* | Beijing Capital <br> International Airport <br> Co. Ltd., Class H<br>| 228000 | 81835 |
|  | Beijing Chunlizhengda <br> Medical Instruments <br> Co. Ltd., Class H<br>| 10250 | 25013 |
|  | Beijing Dabeinong <br> Technology Group <br> Co. Ltd., Class A<br>| 38400 | 22226 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Beijing Easpring <br> Material Technology <br> Co. Ltd., Class A<br>| 10200 | $98969 |
|  | Beijing Energy <br> International Holding <br> Co. Ltd.<br>| 162400 | 25695 |
|  | Beijing Enterprises <br> Holdings Ltd.<br>| 99000 | 434400 |
|  | Beijing Enterprises <br> Water Group Ltd.<br>| 578000 | 185775 |
|  | Beijing Gehua CATV <br> Network Co. Ltd., <br> Class A<br>| 36200 | 40938 |
|  | Beijing GeoEnviron <br> Engineering & <br> Technology, Inc., <br> Class A<br>| 30700 | 32560 |
| \* | Beijing Haixin Energy <br> Technology Co. Ltd., <br> Class A<br>| 46600 | 26786 |
|  | Beijing Haohua Energy <br> Resource Co. Ltd., <br> Class A<br>| 22200 | 24090 |
|  | Beijing Jetsen <br> Technology Co. Ltd., <br> Class A<br>| 31300 | 29164 |
| \* | Beijing Jingyuntong <br> Technology Co. Ltd., <br> Class A<br>| 32300 | 18614 |
| \* | Beijing North Star Co. <br> Ltd., Class H<br>| 134000 | 14992 |
|  | Beijing Sanyuan Foods <br> Co. Ltd., Class A<br>| 20500 | 13954 |
|  | Beijing Shunxin <br> Agriculture Co. Ltd., <br> Class A<br>| 8900 | 19607 |
|  | Beijing Sinnet <br> Technology Co. Ltd., <br> Class A<br>| 19700 | 37762 |
|  | Beijing SL <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 23600 | 25030 |
|  | Beijing Strong <br> Biotechnologies, <br> Inc., Class A<br>| 11400 | 21894 |
|  | Beijing Wandong <br> Medical Technology <br> Co. Ltd., Class A<br>| 11200 | 24996 |
| \* | Beijing Watertek <br> Information <br> Technology Co. Ltd., <br> Class A<br>| 58000 | 50057 |

---

648

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Beijing Zhong Ke San <br> Huan High-Tech Co. <br> Ltd., Class A<br>| 15870 | $31041 |
| \* | Beiqi Foton Motor Co. <br> Ltd., Class A<br>| 67500 | 28477 |
| \* | Bengang Steel Plates <br> Co. Ltd., Class A<br>| 61300 | 30762 |
|  | Best Pacific <br> International <br> Holdings Ltd.<br>| 70000 | 29512 |
| \* | BGI Genomics Co. <br> Ltd., Class A<br>| 4300 | 29702 |
|  | Biem.L.Fdlkk Garment <br> Co. Ltd., Class A<br>| 10000 | 22469 |
| Ω | Blue Moon Group <br> Holdings Ltd.<br>| 32000 | 12235 |
| Ω | BOC Aviation Ltd. | 34900 | 305923 |
| \* | BOE HC SemiTek <br> Corp.<br>| 17900 | 20041 |
|  | BOE Varitronix Ltd. | 38000 | 24344 |
| \* | Bohai Leasing Co. <br> Ltd., Class A<br>| 89400 | 44914 |
|  | Boyaa Interactive <br> International Ltd.<br>| 124000 | 85096 |
|  | Bright Dairy & Food <br> Co. Ltd., Class A<br>| 19900 | 23386 |
|  | Brilliance China <br> Automotive Holdings <br> Ltd.<br>| 424000 | 208622 |
|  | Bros Eastern Co. Ltd., <br> Class A<br>| 15400 | 11565 |
| \* | B-Soft Co. Ltd., <br> Class A<br>| 45500 | 30392 |
|  | BTG Hotels Group Co. <br> Ltd., Class A<br>| 12900 | 26349 |
|  | BYD Electronic <br> International Co. <br> Ltd.<br>| 19000 | 89198 |
| \* | C C Land Holdings <br> Ltd.<br>| 164000 | 25111 |
|  | C&D International <br> Investment Group <br> Ltd.<br>| 126756 | 260351 |
|  | C&S Paper Co. Ltd., <br> Class A<br>| 19400 | 21728 |
| \*Ω | CALB Group Co. Ltd., <br> Class H<br>| 25400 | 109484 |
|  | Camel Group Co. Ltd., <br> Class A<br>| 13000 | 18643 |
|  | Cangzhou Mingzhu <br> Plastic Co. Ltd., <br> Class A<br>| 50000 | 32774 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Canmax Technologies <br> Co. Ltd., Class A<br>| 9100 | $38882 |
|  | Canny Elevator Co. <br> Ltd., Class A<br>| 14700 | 15167 |
| Ω | Cathay Group <br> Holdings, Inc.<br>| 122000 | 21606 |
|  | CCCC Design & <br> Consulting Group <br> Co. Ltd., Class A<br>| 21200 | 22848 |
|  | CECEP Solar Energy <br> Co. Ltd., Class A<br>| 43300 | 28363 |
|  | Central China Land <br> Media Co. Ltd., <br> Class A<br>| 14400 | 24476 |
|  | Central China <br> Securities Co. Ltd., <br> Class H<br>| 136000 | 45112 |
|  | CGN New Energy <br> Holdings Co. Ltd.<br>| 254000 | 89892 |
|  | Changchun Faway <br> Automobile <br> Components Co. <br> Ltd., Class A<br>| 16200 | 21451 |
|  | Changhong Meiling <br> Co. Ltd., Class A<br>| 8700 | 8502 |
|  | Changjiang & Jinggong <br> Steel Building Group <br> Co. Ltd., Class A<br>| 62400 | 37360 |
|  | Changjiang Publishing <br> & Media Co. Ltd., <br> Class A<br>| 27900 | 34345 |
|  | Chaoju Eye Care <br> Holdings Ltd.<br>| 47500 | 15528 |
| Ω | Cheerwin Group Ltd. | 57500 | 16700 |
|  | Chengdu Fusen <br> Noble-House <br> Industrial Co. Ltd., <br> Class A<br>| 9700 | 15483 |
|  | Chengdu Hongqi Chain <br> Co. Ltd., Class A<br>| 31400 | 24285 |
|  | Chengdu Kanghong <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 7800 | 37110 |
|  | Chengdu Wintrue <br> Holding Co. Ltd., <br> Class A<br>| 16100 | 23625 |
| \* | Chengxin Lithium <br> Group Co. Ltd., <br> Class A<br>| 12500 | 44801 |
|  | Chervon Holdings Ltd. | 19400 | 50339 |

---

649

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | China Aerospace <br> International <br> Holdings Ltd.<br>| 354000 | $25931 |
|  | China BlueChemical <br> Ltd., Class H<br>| 356000 | 110010 |
| \*Ω | China Bohai Bank Co. <br> Ltd., Class H<br>| 360000 | 47230 |
|  | China CAMC <br> Engineering Co. <br> Ltd., Class A<br>| 8800 | 10531 |
| # | China Chunlai <br> Education Group Co. <br> Ltd.<br>| 54000 | 30290 |
|  | China Cinda Asset <br> Management Co. <br> Ltd., Class H<br>| 584000 | 94663 |
|  | China Coal Energy Co. <br> Ltd., Class H<br>| 343000 | 483165 |
|  | China Coal Xinji <br> Energy Co. Ltd., <br> Class A<br>| 41800 | 42544 |
|  | China Communications <br> Services Corp. Ltd., <br> Class H<br>| 356000 | 213356 |
|  | China Conch Venture <br> Holdings Ltd.<br>| 256000 | 320086 |
|  | China CYTS Tours <br> Holding Co. Ltd., <br> Class A<br>| 7200 | 9817 |
|  | China Design Group <br> Co. Ltd., Class A<br>| 8200 | 9004 |
| Ω | China Development <br> Bank Financial <br> Leasing Co. Ltd., <br> Class H<br>| 378000 | 83082 |
| \* | China Eastern Airlines <br> Corp. Ltd., Class H<br>| 100000 | 51359 |
|  | China Education Group <br> Holdings Ltd.<br>| 5400 | 2072 |
|  | China Electronics <br> Huada Technology <br> Co. Ltd.<br>| 72000 | 13696 |
|  | China Energy <br> Engineering Corp. <br> Ltd. (3996 HK), <br> Class H<br>| 458000 | 68324 |
|  | China Energy <br> Engineering Corp. <br> Ltd. (601868 C1), <br> Class A<br>| 228779 | 77507 |
|  | China Everbright Bank <br> Co. Ltd., Class H<br>| 214000 | 87793 |
|  | China Everbright Ltd. | 88000 | 114268 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Ω | China Feihe Ltd. | 729000 | $389076 |
|  | China Foods Ltd. | 180000 | 96084 |
|  | China Galaxy <br> Securities Co. Ltd., <br> Class H<br>| 721500 | 1037952 |
| # | China Gas Holdings <br> Ltd.<br>| 519322 | 534146 |
|  | China Gold <br> International <br> Resources Corp. <br> Ltd. (2099 HK)<br>| 44800 | 754116 |
|  | China Green Electricity <br> Investment of Tianjin <br> Co. Ltd., Class A<br>| 23800 | 29133 |
|  | China Hongqiao Group <br> Ltd.<br>| 438000 | 1662995 |
| Ω | China International <br> Capital Corp. Ltd., <br> Class H<br>| 252400 | 686666 |
|  | China International <br> Marine Containers <br> Group Co. Ltd., <br> Class H<br>| 165570 | 151338 |
| # | China Jinmao Holdings <br> Group Ltd.<br>| 276151 | 47723 |
|  | China Lesso Group <br> Holdings Ltd.<br>| 182000 | 104148 |
|  | China Lilang Ltd. | 100000 | 43341 |
| \*Ω | China Literature Ltd. | 18800 | 101279 |
| # | China Medical System <br> Holdings Ltd.<br>| 230000 | 396660 |
|  | China Meheco Group <br> Co. Ltd., Class A<br>| 15260 | 24179 |
|  | China Meidong Auto <br> Holdings Ltd.<br>| 168000 | 38217 |
|  | China Mengniu Dairy <br> Co. Ltd.<br>| 449000 | 817068 |
|  | China Merchants Port <br> Holdings Co. Ltd.<br>| 257610 | 498928 |
|  | China Merchants <br> Property Operation <br> & Service Co. Ltd., <br> Class A<br>| 14200 | 22879 |
| Ω | China Merchants <br> Securities Co. Ltd., <br> Class H<br>| 86800 | 174272 |
|  | China Minsheng <br> Banking Corp. Ltd., <br> Class H<br>| 156500 | 80177 |
|  | China Modern Dairy <br> Holdings Ltd.<br>| 643000 | 100192 |

---

650

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China National Accord <br> Medicines Corp. <br> Ltd., Class A<br>| 5200 | $18581 |
|  | China National Building <br> Material Co. Ltd., <br> Class H<br>| 402785 | 285437 |
|  | China National Gold <br> Group Gold <br> Jewellery Co. Ltd., <br> Class A<br>| 18900 | 21934 |
|  | China National <br> Medicines Corp. <br> Ltd., Class A<br>| 5500 | 23035 |
|  | China Nonferrous <br> Metal Industry's <br> Foreign Engineering <br> & Construction Co. <br> Ltd., Class A<br>| 23600 | 22137 |
|  | China Nonferrous <br> Mining Corp. Ltd.<br>| 225000 | 415000 |
|  | China Oilfield Services <br> Ltd., Class H<br>| 350000 | 341688 |
|  | China Oriental Group <br> Co. Ltd.<br>| 252000 | 42528 |
|  | China Overseas Grand <br> Oceans Group Ltd.<br>| 356000 | 99466 |
|  | China Petroleum <br> Engineering Corp., <br> Class A<br>| 71500 | 35802 |
|  | China Publishing & <br> Media Co. Ltd., <br> Class A<br>| 28500 | 27446 |
|  | China Railway Group <br> Ltd., Class H<br>| 191000 | 96890 |
|  | China Railway Hi-tech <br> Industry Co. Ltd., <br> Class A<br>| 19300 | 22809 |
|  | China Railway <br> Materials Co. Ltd., <br> Class A<br>| 64200 | 24179 |
| Ω | China Railway Signal <br> & Communication <br> Corp. Ltd., Class H<br>| 286000 | 125489 |
|  | China Railway Tielong <br> Container Logistics <br> Co. Ltd., Class A<br>| 25900 | 23524 |
| \* | China Rare Earth <br> Holdings Ltd.<br>| 348000 | 31349 |
|  | China Reinsurance <br> Group Corp., <br> Class H<br>| 1283000 | 260560 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Resources Beer <br> Holdings Co. Ltd.<br>| 102000 | $348894 |
|  | China Resources Boya <br> Bio-pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 5200 | 18461 |
|  | China Resources <br> Building Materials <br> Technology Holdings <br> Ltd.<br>| 556000 | 120917 |
|  | China Resources Gas <br> Group Ltd.<br>| 117600 | 323379 |
|  | China Resources Land <br> Ltd.<br>| 451000 | 1629435 |
| # | China Resources <br> Medical Holdings <br> Co. Ltd.<br>| 168500 | 73213 |
| Ω | China Resources <br> Pharmaceutical <br> Group Ltd.<br>| 375500 | 240637 |
|  | China Risun Group <br> Ltd.<br>| 163000 | 49063 |
| \* | China Ruifeng <br> Renewable Energy <br> Holdings Ltd.<br>| 150000 | 13893 |
| \* | China Sanjiang Fine <br> Chemicals Co. Ltd.<br>| 149000 | 47108 |
| \*Ω | China Shengmu <br> Organic Milk Ltd.<br>| 453000 | 20177 |
|  | China Shineway <br> Pharmaceutical <br> Group Ltd.<br>| 66000 | 71291 |
|  | China State <br> Construction <br> International <br> Holdings Ltd.<br>| 304000 | 345818 |
|  | China Sunshine Paper <br> Holdings Co. Ltd.<br>| 117500 | 25386 |
| # | China Taiping <br> Insurance Holdings <br> Co. Ltd.<br>| 282800 | 643275 |
|  | China Tianying, Inc., <br> Class A<br>| 40700 | 33575 |
| Ω | China Tower Corp. <br> Ltd., Class H<br>| 804000 | 1161496 |
|  | China Traditional <br> Chinese Medicine <br> Holdings Co. Ltd.<br>| 240000 | 72298 |
| \* | China Travel <br> International <br> Investment Hong <br> Kong Ltd.<br>| 416000 | 91998 |

---

651

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | China Vanke Co. Ltd., <br> Class H<br>| 337200 | $191037 |
|  | China Vered Financial <br> Holding Corp. Ltd.<br>| 185000 | 26359 |
|  | China XLX Fertiliser <br> Ltd.<br>| 134000 | 126438 |
|  | China Yongda <br> Automobiles <br> Services Holdings <br> Ltd.<br>| 313000 | 68728 |
| \*Ω | China Youran Dairy <br> Group Ltd.<br>| 324000 | 135357 |
|  | China Zheshang Bank <br> Co. Ltd., Class H<br>| 380099 | 123823 |
| # | Chinasoft International <br> Ltd.<br>| 372000 | 278478 |
|  | Chongqing Department <br> Store Co. Ltd., <br> Class A<br>| 5800 | 22288 |
|  | Chongqing Fuling <br> Zhacai Group Co. <br> Ltd., Class A<br>| 23400 | 43166 |
|  | Chongqing Gas Group <br> Corp. Ltd., Class A<br>| 9214 | 7592 |
|  | Chongqing Machinery <br> & Electric Co. Ltd., <br> Class H<br>| 126000 | 29974 |
|  | Chongqing Road & <br> Bridge Co. Ltd., <br> Class A<br>| 30200 | 28745 |
|  | Chongqing Rural <br> Commercial Bank <br> Co. Ltd., Class H<br>| 456000 | 375011 |
|  | Chongqing Sanfeng <br> Environment Group <br> Corp. Ltd., Class A<br>| 28400 | 33725 |
|  | Chongqing Zongshen <br> Power Machinery <br> Co. Ltd., Class A<br>| 17828 | 59721 |
|  | Chow Tai Seng <br> Jewellery Co. Ltd., <br> Class A<br>| 14300 | 27819 |
|  | CIMC Enric Holdings <br> Ltd.<br>| 142000 | 137148 |
|  | Cisen Pharmaceutical <br> Co. Ltd., Class A<br>| 8300 | 24737 |
|  | CITIC Ltd. | 202000 | 312217 |
|  | CITIC Resources <br> Holdings Ltd.<br>| 674000 | 35944 |
|  | City Development <br> Environment Co. <br> Ltd., Class A<br>| 17280 | 36284 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Citychamp Watch & <br> Jewellery Group <br> Ltd.<br>| 188000 | $4420 |
| \* | CMGE Technology <br> Group Ltd.<br>| 374000 | 19018 |
|  | CMST Development <br> Co. Ltd., Class A<br>| 27600 | 23083 |
|  | CNSIG Inner Mongolia <br> Chemical Industry <br> Co. Ltd., Class A<br>| 32100 | 35792 |
| \* | COFCO Biotechnology <br> Co. Ltd., Class A<br>| 17700 | 14760 |
| \* | COFCO Joycome <br> Foods Ltd.<br>| 501000 | 106878 |
|  | Cofoe Medical <br> Technology Co. Ltd., <br> Class A<br>| 3500 | 21490 |
|  | Comba Telecom <br> Systems Holdings <br> Ltd.<br>| 230000 | 86786 |
|  | Concord New Energy <br> Group Ltd.<br>| 1520000 | 75330 |
|  | Consun <br> Pharmaceutical <br> Group Ltd.<br>| 112000 | 216645 |
|  | COSCO SHIPPING <br> Development Co. <br> Ltd., Class H<br>| 819000 | 122173 |
|  | COSCO SHIPPING <br> Energy <br> Transportation Co. <br> Ltd., Class H<br>| 166000 | 234697 |
| # | COSCO SHIPPING <br> Holdings Co. Ltd., <br> Class H<br>| 399000 | 691958 |
|  | COSCO SHIPPING <br> International Hong <br> Kong Co. Ltd.<br>| 116000 | 89445 |
|  | COSCO SHIPPING <br> Ports Ltd.<br>| 310146 | 228643 |
|  | COSCO SHIPPING <br> Specialized Carriers <br> Co. Ltd., Class A<br>| 23500 | 24039 |
|  | CQ Pharmaceutical <br> Holding Co. Ltd., <br> Class A<br>| 41800 | 31554 |
|  | CSG Holding Co. Ltd., <br> Class A<br>| 37592 | 25138 |
|  | CSPC Pharmaceutical <br> Group Ltd.<br>| 820000 | 807694 |
|  | CSSC Hong Kong <br> Shipping Co. Ltd.<br>| 300000 | 80234 |

---

652

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Daan Gene Co. Ltd., <br> Class A<br>| 30000 | $27467 |
|  | Dajin Heavy Industry <br> Co. Ltd., Class A<br>| 5200 | 36775 |
|  | Dalian Huarui Heavy <br> Industry Group Co. <br> Ltd., Class A<br>| 36900 | 33404 |
| \* | Damai Entertainment <br> Holdings Ltd.<br>| 2470000 | 292160 |
|  | Dashang Co. Ltd., <br> Class A<br>| 10769 | 26643 |
|  | Dawnrays <br> Pharmaceutical <br> Holdings Ltd.<br>| 155000 | 23976 |
|  | Deppon Logistics Co. <br> Ltd., Class A<br>| 7000 | 14684 |
| \* | Dezhan Healthcare Co. <br> Ltd., Class A<br>| 69800 | 42967 |
|  | Dian Diagnostics <br> Group Co. Ltd., <br> Class A<br>| 15800 | 36100 |
|  | Digital China Holdings <br> Ltd.<br>| 68000 | 26239 |
|  | Do-Fluoride New <br> Materials Co. Ltd., <br> Class A<br>| 13200 | 52699 |
|  | Dongfang Electric <br> Corp. Ltd., Class H<br>| 69800 | 170311 |
| \* | Dongfeng Motor Group <br> Co. Ltd., Class H<br>| 398000 | 481469 |
|  | Dongguan <br> Development <br> Holdings Co. Ltd., <br> Class A<br>| 20800 | 34465 |
|  | Dongyue Group Ltd. | 245000 | 315211 |
| # | DouYu International <br> Holdings Ltd., ADR<br>| 7339 | 50419 |
|  | Dynagreen <br> Environmental <br> Protection Group <br> Co. Ltd., Class H<br>| 77000 | 54033 |
| \* | Easyhome New Retail <br> Group Co. Ltd., <br> Class A<br>| 58000 | 23559 |
|  | E-Commodities <br> Holdings Ltd.<br>| 414000 | 44213 |
|  | Edvantage Group <br> Holdings Ltd.<br>| 113740 | 20507 |
|  | EEKA Fashion <br> Holdings Ltd.<br>| 51000 | 51467 |
|  | Era Co. Ltd., Class A | 28900 | 17309 |
|  | Essex Bio-technology <br> Ltd.<br>| 59000 | 32703 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Eternal Asia Supply <br> Chain Management <br> Ltd., Class A<br>| 31100 | $22251 |
|  | Ever Sunshine <br> Services Group Ltd.<br>| 136000 | 30559 |
| Ω | Everbright Securities <br> Co. Ltd., Class H<br>| 65200 | 81874 |
|  | Excellence Commercial <br> Property & Facilities <br> Management Group <br> Ltd.<br>| 69000 | 9155 |
|  | Fangda Carbon New <br> Material Co. Ltd., <br> Class A<br>| 30200 | 26150 |
|  | Fangda Special Steel <br> Technology Co. Ltd., <br> Class A<br>| 24000 | 19978 |
|  | Far East Horizon Ltd. | 267000 | 239684 |
| \* | Farasis Energy Gan <br> Zhou Co. Ltd., <br> Class A<br>| 15604 | 39111 |
|  | FAWER Automotive <br> Parts Co. Ltd., <br> Class A<br>| 23200 | 18322 |
|  | Feilong Auto <br> Components Co. <br> Ltd., Class A<br>| 17800 | 56315 |
|  | FESCO Group Co. <br> Ltd., Class A<br>| 8400 | 22374 |
| \* | FIH Mobile Ltd. | 67200 | 160402 |
| \* | Financial Street <br> Holdings Co. Ltd., <br> Class A<br>| 69300 | 29427 |
|  | FinVolution Group, <br> ADR<br>| 31745 | 193962 |
|  | First Tractor Co. Ltd., <br> Class H<br>| 24000 | 24147 |
| # | Flat Glass Group Co. <br> Ltd., Class H<br>| 29000 | 45597 |
|  | Foshan Electrical & <br> Lighting Co. Ltd., <br> Class A<br>| 20800 | 18419 |
|  | Fosun International <br> Ltd.<br>| 127500 | 80878 |
| # | Fu Shou Yuan <br> International Group <br> Ltd.<br>| 132000 | 49935 |
|  | Fufeng Group Ltd. | 313000 | 324000 |
|  | Fujian Longking Co. <br> Ltd., Class A<br>| 7900 | 18724 |
|  | Fujian Star-net <br> Communication Co. <br> Ltd., Class A<br>| 10400 | 39136 |

---

653

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Fujian Sunner <br> Development Co. <br> Ltd., Class A<br>| 11100 | $26439 |
|  | Fujian Yuanli Active <br> Carbon Co. Ltd., <br> Class A<br>| 10300 | 23950 |
|  | Gansu Energy <br> Chemical Co. Ltd., <br> Class A<br>| 102700 | 37387 |
| \* | Gansu Jiu Steel Group <br> Hongxing Iron & <br> Steel Co. Ltd., <br> Class A<br>| 83950 | 19950 |
|  | Gansu Shangfeng <br> Cement Co. Ltd., <br> Class A<br>| 12600 | 19999 |
|  | Gansu Yasheng <br> Industrial Group Co. <br> Ltd., Class A<br>| 59700 | 26019 |
| \* | GCL Technology <br> Holdings Ltd.<br>| 166000 | 29018 |
| \* | GDS Holdings Ltd. <br> (9698 HK), Class A<br>| 82900 | 369357 |
|  | Geely Automobile <br> Holdings Ltd.<br>| 991000 | 2350959 |
| Ω | Genertec Universal <br> Medical Group Co. <br> Ltd.<br>| 171000 | 136213 |
| \* | Genscript Biotech <br> Corp.<br>| 38000 | 78874 |
|  | GF Securities Co. Ltd., <br> Class H<br>| 187000 | 451458 |
| #\* | Global New Material <br> International <br> Holdings Ltd.<br>| 63000 | 40450 |
| \* | Glorious Property <br> Holdings Ltd.<br>| 294000 | 284 |
|  | Goldenmax <br> International Group <br> Ltd., Class A<br>| 19400 | 44963 |
|  | Goldwind Science & <br> Technology Co. Ltd., <br> Class H<br>| 75878 | 128792 |
|  | Goodbaby International <br> Holdings Ltd.<br>| 204000 | 31171 |
| # | Grand Pharmaceutical <br> Group Ltd.<br>| 179500 | 191100 |
| \* | Grandjoy Holdings <br> Group Co. Ltd., <br> Class A<br>| 62300 | 26038 |
|  | Great Wall Motor Co. <br> Ltd., Class H<br>| 230500 | 445824 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | Greentown China <br> Holdings Ltd.<br>| 209000 | $223692 |
| Ω | Greentown <br> Management <br> Holdings Co. Ltd.<br>| 96000 | 37325 |
|  | Greentown Service <br> Group Co. Ltd.<br>| 244000 | 140172 |
|  | Guangdong <br> Construction <br> Engineering Group <br> Co. Ltd., Class A<br>| 72100 | 38818 |
|  | Guangdong Dongfang <br> Precision Science & <br> Technology Co. Ltd., <br> Class A<br>| 15800 | 42227 |
|  | Guangdong Dowstone <br> Technology Co. Ltd., <br> Class A<br>| 12300 | 42630 |
|  | Guangdong Ellington <br> Electronics <br> Technology Co. Ltd., <br> Class A<br>| 9700 | 15374 |
|  | Guangdong Fenghua <br> Advanced <br> Technology Holding <br> Co. Ltd., Class A<br>| 12200 | 29033 |
|  | Guangdong Guanhao <br> High-Tech Co. Ltd., <br> Class A<br>| 57600 | 26307 |
|  | Guangdong Hongtu <br> Technology Holdings <br> Co. Ltd., Class A<br>| 24000 | 43524 |
|  | Guangdong Kinlong <br> Hardware Products <br> Co. Ltd., Class A<br>| 8700 | 27747 |
|  | Guangdong Tapai <br> Group Co. Ltd., <br> Class A<br>| 14400 | 17140 |
|  | Guangdong Vanward <br> New Electric Co. <br> Ltd., Class A<br>| 15600 | 25337 |
|  | Guangdong Xinbao <br> Electrical Appliances <br> Holdings Co. Ltd., <br> Class A<br>| 8900 | 18924 |
| \* | Guangdong Zhongnan <br> Iron & Steel Co. <br> Ltd., Class A<br>| 54800 | 20666 |
| \* | Guanghui Logistics Co. <br> Ltd., Class A<br>| 17000 | 18982 |
|  | Guangshen Railway <br> Co. Ltd., Class H<br>| 280000 | 82174 |

---

654

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guangxi Liugong <br> Machinery Co. Ltd., <br> Class A<br>| 15400 | $25203 |
|  | Guangxi LiuYao Group <br> Co. Ltd., Class A<br>| 3700 | 9699 |
|  | Guangzhou Automobile <br> Group Co. Ltd., <br> Class H<br>| 86000 | 36059 |
|  | Guangzhou Baiyun <br> International Airport <br> Co. Ltd., Class A<br>| 33700 | 46316 |
| # | Guangzhou <br> Baiyunshan <br> Pharmaceutical <br> Holdings Co. Ltd., <br> Class H<br>| 30000 | 72321 |
|  | Guangzhou Wondfo <br> Biotech Co. Ltd., <br> Class A<br>| 3200 | 9922 |
|  | Guilin Layn Natural <br> Ingredients Corp., <br> Class A<br>| 12100 | 13766 |
|  | Guizhou Chanhen <br> Chemical Corp., <br> Class A<br>| 7600 | 36476 |
|  | Guizhou Panjiang <br> Refined Coal Co. <br> Ltd., Class A<br>| 20900 | 15131 |
|  | Guizhou Tyre Co. Ltd., <br> Class A<br>| 27600 | 19357 |
| \* | Guizhou Zhenhua <br> E-chem, Inc., <br> Class A<br>| 6533 | 13624 |
| \* | Guoguang Electric Co. <br> Ltd., Class A<br>| 12600 | 28101 |
|  | Guoquan Food <br> Shanghai Co. Ltd., <br> Class H<br>| 246800 | 122146 |
| Ω | Guotai Haitong <br> Securities Co. Ltd., <br> Class H<br>| 390288 | 747842 |
|  | Haier Smart Home Co. <br> Ltd. (6690 HK), <br> Class H<br>| 303200 | 985971 |
| \* | Hainan Meilan <br> International Airport <br> Co. Ltd., Class H<br>| 26000 | 35150 |
|  | Hainan Mining Co. <br> Ltd., Class A<br>| 18400 | 25245 |
|  | Haitian International <br> Holdings Ltd.<br>| 84000 | 229533 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Ω | Haitong UniTrust <br> International Leasing <br> Co. Ltd., Class H<br>| 310000 | $32307 |
|  | Hand Enterprise <br> Solutions Co. Ltd., <br> Class A<br>| 14000 | 35635 |
|  | Hangxiao Steel <br> Structure Co. Ltd., <br> Class A<br>| 63800 | 24310 |
|  | Hangzhou Binjiang <br> Real Estate Group <br> Co. Ltd., Class A<br>| 34100 | 50953 |
|  | Hangzhou Haoyue <br> Personal Care Co. <br> Ltd., Class A<br>| 2660 | 12191 |
|  | Hangzhou Huawang <br> New Material <br> Technology Co. Ltd., <br> Class A<br>| 8160 | 10103 |
| \* | Hangzhou Iron & Steel <br> Co., Class A<br>| 63800 | 81846 |
| \* | Hangzhou Lion <br> Microelectronics Co. <br> Ltd., Class A<br>| 7000 | 34484 |
|  | Hangzhou Robam <br> Appliances Co. Ltd., <br> Class A<br>| 9000 | 24734 |
|  | Harbin Electric Co. <br> Ltd., Class H<br>| 164000 | 269663 |
| \* | Harbin Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 28000 | 14415 |
|  | HBIS Resources Co. <br> Ltd., Class A<br>| 11400 | 30081 |
| \*Ω | HBM Holdings Ltd. | 63000 | 109186 |
|  | Health & Happiness <br> H&H International <br> Holdings Ltd.<br>| 56000 | 87118 |
|  | Hefei Urban <br> Construction <br> Development Co. <br> Ltd., Class A<br>| 23700 | 41430 |
|  | HeiLongJiang ZBD <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 14600 | 23159 |
|  | Hello Group, Inc., <br> Sponsored ADR<br>| 24364 | 165432 |
|  | Henan Liliang Diamond <br> Co. Ltd., Class A<br>| 2600 | 14046 |
|  | Henan Mingtai Al <br> Industrial Co. Ltd., <br> Class A<br>| 19640 | 41593 |

---

655

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Henan Pinggao <br> Electric Co. Ltd., <br> Class A<br>| 18300 | $45429 |
|  | Henan Thinker <br> Automatic <br> Equipment Co. Ltd., <br> Class A<br>| 7700 | 32393 |
|  | Henan Yuguang Gold <br> & Lead Co. Ltd., <br> Class A<br>| 24400 | 42048 |
| \* | Henan Zhongfu <br> Industry Co. Ltd., <br> Class A<br>| 44100 | 42186 |
|  | Hengan International <br> Group Co. Ltd.<br>| 60500 | 211888 |
|  | Hitevision Co. Ltd., <br> Class A<br>| 3900 | 16397 |
|  | HMT Xiamen New <br> Technical Materials <br> Co. Ltd., Class A<br>| 7700 | 54194 |
| \* | HNA Technology Co. <br> Ltd., Class A<br>| 65000 | 40078 |
| \* | Hongyuan Green <br> Energy Co. Ltd., <br> Class A<br>| 20100 | 83311 |
| \* | Hopson Development <br> Holdings Ltd.<br>| 118095 | 47907 |
|  | Horizon Construction <br> Development Ltd.<br>| 256332 | 36917 |
|  | Hoymiles Power <br> Electronics, Inc., <br> Class A<br>| 1103 | 16604 |
| \*Ω | Hua Hong <br> Semiconductor Ltd., <br> Class H<br>| 140000 | 1435026 |
|  | Huabao International <br> Holdings Ltd.<br>| 48000 | 22246 |
|  | Huadian Heavy <br> Industries Co. Ltd., <br> Class A<br>| 27200 | 28378 |
|  | Huafu Fashion Co. <br> Ltd., Class A<br>| 38500 | 25878 |
| \* | Huaihe Energy Group <br> Co. Ltd., Class A<br>| 41600 | 21823 |
|  | Huangshan Tourism <br> Development Co. <br> Ltd., Class A<br>| 7000 | 11128 |
|  | Huapont Life Sciences <br> Co. Ltd., Class A<br>| 18200 | 12515 |
| Ω | Huatai Securities Co. <br> Ltd., Class H<br>| 240800 | 605392 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Huaxin Cement Co. <br> Ltd. (6655 HK), <br> Class H<br>| 46000 | $103291 |
|  | Hubei Chutian Smart <br> Communication Co. <br> Ltd., Class A<br>| 34000 | 19447 |
|  | Hubei Jumpcan <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 6300 | 22189 |
|  | Hubei Yihua Chemical <br> Industry Co. Ltd., <br> Class A<br>| 13900 | 27120 |
|  | Hubei Zhenhua <br> Chemical Co. Ltd., <br> Class A<br>| 18620 | 63365 |
|  | Huishang Bank Corp. <br> Ltd., Class H<br>| 31000 | 13320 |
|  | Hunan Aihua Group <br> Co. Ltd., Class A<br>| 6200 | 15022 |
| \* | Hunan Er-Kang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 63300 | 32129 |
|  | Hunan TV & Broadcast <br> Intermediary Co. <br> Ltd., Class A<br>| 13300 | 16624 |
|  | Hunan Zhongke <br> Electric Co. Ltd., <br> Class A<br>| 10700 | 38913 |
|  | HUYA, Inc., ADR | 16422 | 45160 |
| \*Ω | Hygeia Healthcare <br> Holdings Co. Ltd.<br>| 77800 | 130714 |
| \* | Hytera <br> Communications <br> Corp. Ltd., Class A<br>| 38600 | 62483 |
|  | IKD Co. Ltd., Class A | 17300 | 55064 |
|  | Infore Environment <br> Technology Group <br> Co. Ltd., Class A<br>| 41500 | 40172 |
| \* | Inkeverse Group Ltd. | 97000 | 13056 |
|  | Intco Medical <br> Technology Co. Ltd., <br> Class A<br>| 7680 | 42683 |
|  | Intron Technology <br> Holdings Ltd.<br>| 54000 | 14381 |
| #\* | iQIYI, Inc., ADR | 76414 | 176516 |
|  | Jangho Group Co. <br> Ltd., Class A<br>| 15800 | 17216 |
| \*Ω | JD Health <br> International, Inc.<br>| 7400 | 57764 |
| \*Ω | JD Logistics, Inc. | 334900 | 545955 |
|  | Jiang Su Suyan <br> Jingshen Co. Ltd., <br> Class A<br>| 16400 | 24803 |

---

656

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangling Motors Corp. <br> Ltd., Class A<br>| 13700 | $38679 |
|  | Jiangsu Asia-Pacific <br> Light Alloy <br> Technology Co. Ltd., <br> Class A<br>| 15000 | 14044 |
|  | Jiangsu Azure Corp., <br> Class A<br>| 20800 | 56169 |
|  | Jiangsu Broadcasting <br> Cable Information <br> Network Corp. Ltd., <br> Class A<br>| 62300 | 32121 |
|  | Jiangsu Changshu <br> Automotive Trim <br> Group Co. Ltd., <br> Class A<br>| 10600 | 25531 |
|  | Jiangsu Etern Co. Ltd., <br> Class A<br>| 32600 | 68412 |
| \* | Jiangsu General <br> Science Technology <br> Co. Ltd., Class A<br>| 25500 | 15915 |
|  | Jiangsu Guomao <br> Reducer Co. Ltd., <br> Class A<br>| 26300 | 60400 |
|  | Jiangsu Guotai <br> International Group <br> Co. Ltd., Class A<br>| 19600 | 25734 |
|  | Jiangsu Huachang <br> Chemical Co. Ltd., <br> Class A<br>| 22100 | 19443 |
|  | Jiangsu Jiangyin Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 60760 | 40586 |
| \* | Jiangsu Kanion <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 8700 | 18288 |
|  | Jiangsu Lihua Foods <br> Group Co. Ltd.<br>| 5600 | 16484 |
|  | Jiangsu Provincial <br> Agricultural <br> Reclamation & <br> Development Corp., <br> Class A<br>| 16900 | 22098 |
|  | Jiangsu Shagang Co. <br> Ltd., Class A<br>| 44600 | 36254 |
|  | Jiangsu Shentong <br> Valve Co. Ltd., <br> Class A<br>| 13200 | 25822 |
|  | Jiangsu Shuangxing <br> Color Plastic New <br> Materials Co. Ltd., <br> Class A<br>| 31700 | 24249 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Jiangsu Sopo <br> Chemical Co., <br> Class A<br>| 11400 | $11614 |
|  | Jiangsu Suzhou Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 25300 | 18425 |
| \* | Jiangsu Yinhe <br> Electronics Co. Ltd., <br> Class A<br>| 32400 | 21081 |
|  | Jiangsu Zhangjiagang <br> Rural Commercial <br> Bank Co. Ltd., <br> Class A<br>| 71020 | 44299 |
|  | Jiangsu Zijin Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 69400 | 27593 |
| \* | Jiangxi Black Cat <br> Carbon Black Co. <br> Ltd., Class A<br>| 21100 | 29577 |
|  | Jiangxi Copper Co. <br> Ltd., Class H<br>| 212000 | 884557 |
|  | Jiangxi Ganyue <br> Expressway Co. <br> Ltd., Class A<br>| 24900 | 18723 |
|  | Jiaozuo Wanfang <br> Aluminum <br> Manufacturing Co. <br> Ltd., Class A<br>| 9200 | 13278 |
|  | Jiayin Group, Inc., <br> ADR<br>| 3054 | 28860 |
| \* | Jihua Group Corp. <br> Ltd., Class A<br>| 55500 | 28171 |
| \* | Jilin Chemical Fibre, <br> Class A<br>| 36700 | 21065 |
| \*†† | Jinchuan Group <br> International <br> Resources Co. Ltd.<br>| 463000 | 14300 |
|  | Jingjin Equipment, Inc., <br> Class A<br>| 10100 | 21654 |
| \* | Jinke Smart Services <br> Group Co. Ltd., <br> Class H<br>| 20700 | 18301 |
| # | JinkoSolar Holding Co. <br> Ltd., ADR<br>| 5644 | 141721 |
|  | Jinlei Technology Co. <br> Ltd., Class A<br>| 8200 | 33781 |
|  | Jinmao Property <br> Services Co. Ltd.<br>| 5740 | 2064 |
| #\*Ω | Jinxin Fertility Group <br> Ltd.<br>| 270500 | 85566 |
|  | Jinyu Bio-Technology <br> Co. Ltd., Class A<br>| 10600 | 16068 |

---

657

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Ω | Jiumaojiu International <br> Holdings Ltd.<br>| 57000 | $12982 |
|  | Jizhong Energy <br> Resources Co. Ltd., <br> Class A<br>| 36400 | 31368 |
|  | Joincare <br> Pharmaceutical <br> Group Industry Co. <br> Ltd., Class A<br>| 12500 | 21369 |
| \* | Joy City Property Ltd. | 784000 | 59533 |
|  | JS Corrugating <br> Machinery Co. Ltd., <br> Class A<br>| 13400 | 23562 |
| \*Ω | JS Global Lifestyle Co. <br> Ltd.<br>| 274500 | 62897 |
|  | JSTI Group, Class A | 29400 | 34802 |
| \* | Ju Teng International <br> Holdings Ltd.<br>| 188000 | 43789 |
| \*Ω | JW Cayman <br> Therapeutics Co. <br> Ltd.<br>| 42000 | 18852 |
|  | Kailuan Energy <br> Chemical Co. Ltd., <br> Class A<br>| 29600 | 27169 |
|  | Kaishan Group Co. <br> Ltd., Class A<br>| 12800 | 28855 |
|  | Keda Industrial Group <br> Co. Ltd., Class A<br>| 29400 | 54169 |
|  | Keshun Waterproof <br> Technologies Co. <br> Ltd., Class A<br>| 36500 | 25653 |
|  | Kinetic Development <br> Group Ltd.<br>| 604000 | 113515 |
|  | Kingboard Holdings <br> Ltd.<br>| 134000 | 480099 |
|  | Kingboard Laminates <br> Holdings Ltd.<br>| 153500 | 256992 |
|  | Kingsoft Corp. Ltd. | 176200 | 768079 |
|  | KPC Pharmaceuticals, <br> Inc., Class A<br>| 10800 | 20660 |
|  | Kuangda Technology <br> Group Co. Ltd., <br> Class A<br>| 32500 | 28329 |
|  | Kunlun Energy Co. <br> Ltd.<br>| 728000 | 669167 |
|  | Lao Feng Xiang Co. <br> Ltd., Class A<br>| 3200 | 21685 |
|  | Laobaixing Pharmacy <br> Chain JSC, Class A<br>| 10100 | 23563 |
|  | Launch Tech Co. Ltd., <br> Class H<br>| 27000 | 30542 |
|  | Lee & Man Chemical <br> Co. Ltd.<br>| 34000 | 20619 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Lee & Man Paper <br> Manufacturing Ltd.<br>| 228000 | $80588 |
| \*Ω | Legend Holdings <br> Corp., Class H<br>| 115600 | 149419 |
|  | Lenovo Group Ltd. | 58000 | 84613 |
|  | LexinFintech Holdings <br> Ltd., ADR<br>| 22127 | 106652 |
| \* | Li Auto, Inc. (2015 <br> HK), Class A<br>| 36200 | 375650 |
|  | Li Ning Co. Ltd. | 430000 | 934913 |
|  | Liaoning Cheng Da <br> Co. Ltd., Class A<br>| 20200 | 36210 |
|  | Liaoning Port Co. Ltd., <br> Class H<br>| 396000 | 46351 |
|  | Lier Chemical Co. Ltd., <br> Class A<br>| 9500 | 16943 |
| \* | Lifetech Scientific <br> Corp.<br>| 458000 | 118578 |
| \* | Linewell Software Co. <br> Ltd., Class A<br>| 19400 | 33197 |
|  | Lingbao Gold Group <br> Co. Ltd., Class H<br>| 72000 | 150718 |
| Ω | Linklogis, Inc., Class B | 232000 | 95386 |
|  | Livzon Pharmaceutical <br> Group, Inc., Class H<br>| 19100 | 76816 |
|  | Lizhong Sitong Light <br> Alloys Group Co. <br> Ltd., Class A<br>| 12500 | 42949 |
|  | Loncin Motor Co. Ltd., <br> Class A<br>| 26200 | 50157 |
| #Ω | Longfor Group <br> Holdings Ltd.<br>| 205720 | 254112 |
|  | Longhua Technology <br> Group Luoyang Co. <br> Ltd., Class A<br>| 18200 | 21532 |
|  | Longshine Technology <br> Group Co. Ltd., <br> Class A<br>| 16400 | 41231 |
|  | Lonking Holdings Ltd. | 374000 | 149080 |
|  | Lucky Harvest Co. <br> Ltd., Class A<br>| 7280 | 41255 |
|  | Luenmei Quantum Co. <br> Ltd., Class A<br>| 29400 | 36390 |
|  | Luoyang Xinqianglian <br> Slewing Bearing Co. <br> Ltd., Class A<br>| 8200 | 60870 |
|  | Lushang Freda <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 23900 | 26147 |
|  | Luxin Venture Capital <br> Group Co. Ltd., <br> Class A<br>| 10400 | 21384 |

---

658

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \*Ω | Luye Pharma Group <br> Ltd.<br>| 162000 | $65634 |
| \* | Maanshan Iron & Steel <br> Co. Ltd., Class H<br>| 234000 | 76815 |
|  | Maccura Biotechnology <br> Co. Ltd., Class A<br>| 12800 | 21049 |
| Ω | Maoyan Entertainment | 49825 | 42613 |
| Ω | Medlive Technology <br> Co. Ltd.<br>| 11000 | 14913 |
|  | Mesnac Co. Ltd., <br> Class A<br>| 20100 | 24385 |
|  | Metallurgical Corp. of <br> China Ltd., Class H<br>| 549000 | 167295 |
| \*Ω | Microport Cardioflow <br> Medtech Corp.<br>| 179000 | 27505 |
|  | Milkyway Intelligent <br> Supply Chain <br> Service Group Co. <br> Ltd., Class A<br>| 3300 | 27585 |
|  | Ming Yuan Cloud <br> Group Holdings Ltd.<br>| 282000 | 119775 |
| \* | Minmetals <br> Development Co. <br> Ltd., Class A<br>| 14800 | 19030 |
|  | Minth Group Ltd. | 144000 | 638974 |
|  | MLS Co. Ltd., Class A | 18000 | 22063 |
| \*Ω | Mobvista, Inc. | 91000 | 208857 |
|  | Moon Environment <br> Technology Co. Ltd., <br> Class A<br>| 21060 | 42071 |
|  | Morimatsu International <br> Holdings Co. Ltd.<br>| 78000 | 99859 |
|  | Nanhua Futures Co. <br> Ltd., Class A<br>| 7900 | 23166 |
|  | NanJi E-Commerce <br> Co. Ltd., Class A<br>| 30400 | 15103 |
|  | Nanjing Hanrui Cobalt <br> Co. Ltd., Class A<br>| 6800 | 47469 |
|  | Nanjing Iron & Steel <br> Co. Ltd., Class A<br>| 87500 | 64589 |
|  | Nanjing <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 32100 | 22827 |
| \* | Nanjing Tanker Corp., <br> Class A<br>| 98100 | 45059 |
|  | Nanjing Xinjiekou <br> Department Store <br> Co. Ltd., Class A<br>| 26900 | 28376 |
|  | Nantong Jiangshan <br> Agrochemical & <br> Chemical LLC, <br> Class A<br>| 6200 | 20843 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | NetDragon Websoft <br> Holdings Ltd.<br>| 15500 | $24214 |
|  | Neusoft Corp., <br> Class A<br>| 18000 | 26625 |
|  | New China Life <br> Insurance Co. Ltd., <br> Class H<br>| 166100 | 1049687 |
|  | Nexteer Automotive <br> Group Ltd.<br>| 158000 | 136963 |
| \* | Nine Dragons Paper <br> Holdings Ltd.<br>| 223000 | 159731 |
|  | Ningbo Boway Alloy <br> Material Co. Ltd., <br> Class A<br>| 9000 | 27658 |
|  | Ningbo Huaxiang <br> Electronic Co. Ltd., <br> Class A<br>| 12200 | 56881 |
|  | Ningbo Jintian Copper <br> Group Co. Ltd., <br> Class A<br>| 41600 | 67645 |
|  | Ningbo Peacebird <br> Fashion Co. Ltd., <br> Class A<br>| 6000 | 12078 |
|  | Ningbo Ronbay New <br> Energy Technology <br> Co. Ltd., Class A<br>| 9588 | 37633 |
| \* | Ningbo Shanshan Co. <br> Ltd., Class A<br>| 20000 | 38651 |
|  | Ningbo Xusheng <br> Group Co. Ltd., <br> Class A<br>| 8500 | 17993 |
|  | Ningbo Yunsheng Co. <br> Ltd., Class A<br>| 17300 | 34700 |
|  | Ningxia Building <br> Materials Group Co. <br> Ltd., Class A<br>| 13200 | 24937 |
|  | Ningxia Western <br> Venture Industrial <br> Co. Ltd., Class A<br>| 17500 | 12685 |
|  | NKY Medical Holdings <br> Ltd., Class A<br>| 9750 | 22738 |
|  | Noah Holdings Ltd., <br> Sponsored ADR<br>| 6183 | 69806 |
|  | Norinco International <br> Cooperation Ltd., <br> Class A<br>| 11200 | 17601 |
|  | North China <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 19300 | 16285 |
|  | Northeast <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 25900 | 20198 |

---

659

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Northeast Securities <br> Co. Ltd., Class A<br>| 31000 | $39589 |
| \* | Nuode New Materials <br> Co. Ltd., Class A<br>| 34600 | 34444 |
|  | Onewo, Inc., Class H | 38800 | 111474 |
|  | ORG Technology Co. <br> Ltd., Class A<br>| 45300 | 38334 |
|  | Orient International <br> Enterprise Ltd., <br> Class A<br>| 18500 | 21744 |
| # | Orient Overseas <br> International Ltd.<br>| 23000 | 398036 |
| Ω | Orient Securities Co. <br> Ltd., Class H<br>| 133600 | 124486 |
| \* | Oriental Energy Co. <br> Ltd., Class A<br>| 28500 | 32951 |
|  | Pacific Shuanglin <br> Bio-pharmacy Co. <br> Ltd., Class A<br>| 9490 | 21011 |
| \* | PCI Technology Group <br> Co. Ltd., Class A<br>| 41700 | 40241 |
| \*†† | Pengdu Agriculture & <br> Animal Husbandry <br> Co. Ltd., Class A<br>| 160100 | 0 |
| \* | Pengxin International <br> Mining Co. Ltd., <br> Class A<br>| 49700 | 57228 |
| Ω | Ping An Healthcare & <br> Technology Co. Ltd.<br>| 292100 | 516764 |
|  | Pingdingshan Tianan <br> Coal Mining Co. <br> Ltd., Class A<br>| 28000 | 33457 |
|  | PNC Process Systems <br> Co. Ltd., Class A<br>| 6000 | 26209 |
|  | Poly Property Group <br> Co. Ltd.<br>| 163560 | 38909 |
|  | Poly Property Services <br> Co. Ltd., Class H<br>| 32800 | 141499 |
|  | Prinx Chengshan <br> Holdings Ltd.<br>| 18000 | 16446 |
|  | PW Medtech Group <br> Ltd.<br>| 123000 | 23753 |
|  | Pylon Technologies <br> Co. Ltd., Class A<br>| 2355 | 21960 |
|  | Q Technology Group <br> Co. Ltd.<br>| 46000 | 82722 |
|  | Qfin Holdings, Inc., <br> ADR<br>| 21301 | 514419 |
| \* | Qinchuan Machine <br> Tool & Tool Group <br> Share Co. Ltd., <br> Class A<br>| 19500 | 37623 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Qingdao East Steel <br> Tower Stock Co. <br> Ltd., Class A<br>| 20700 | $51375 |
|  | Qingdao Gon <br> Technology Co. Ltd., <br> Class A<br>| 3900 | 28110 |
|  | Qingdao Hanhe Cable <br> Co. Ltd., Class A<br>| 49700 | 26201 |
| Ω | Qingdao Port <br> International Co. <br> Ltd., Class H<br>| 113000 | 103299 |
|  | Qingdao Rural <br> Commercial Bank <br> Corp., Class A<br>| 55000 | 24900 |
|  | Qingdao Sentury Tire <br> Co. Ltd., Class A<br>| 11200 | 30600 |
|  | Qinghai Huzhu <br> TianYouDe Highland <br> Barley Spirit Co. <br> Ltd., Class A<br>| 9600 | 12939 |
|  | Qinhuangdao Port Co. <br> Ltd., Class H<br>| 107500 | 40259 |
| \* | Qudian, Inc., <br> Sponsored ADR<br>| 29458 | 140809 |
|  | Renhe Pharmacy Co. <br> Ltd., Class A<br>| 38400 | 33523 |
|  | Rianlon Corp., Class A | 3300 | 18579 |
|  | Riyue Heavy Industry <br> Co. Ltd., Class A<br>| 17000 | 34739 |
|  | Rizhao Port Co. Ltd., <br> Class A<br>| 28000 | 12517 |
| \* | RongFa Nuclear <br> Equipment Co. Ltd., <br> Class A<br>| 44700 | 49660 |
| \* | Roshow Technology <br> Co. Ltd., Class A<br>| 46700 | 58265 |
|  | Runjian Co. Ltd., <br> Class A<br>| 4400 | 27214 |
| \* | Sansteel Minguang Co. <br> Ltd. Fujian, Class A<br>| 70300 | 44268 |
|  | Sany Heavy <br> Equipment <br> International <br> Holdings Co. Ltd.<br>| 221000 | 208633 |
| \* | Seazen Group Ltd. | 550380 | 155060 |
| \*†† | S-Enjoy Service Group <br> Co. Ltd.<br>| 73000 | 9864 |
|  | Shaanxi Beiyuan <br> Chemical Industry <br> Group Co. Ltd., <br> Class A<br>| 36900 | 20437 |

---

660

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shaanxi Construction <br> Engineering Group <br> Corp. Ltd., Class A<br>| 33900 | $18056 |
| \* | Shaanxi Heimao <br> Coking Co. Ltd., <br> Class A<br>| 45700 | 27295 |
|  | Shandong Bohui Paper <br> Industrial Co. Ltd., <br> Class A<br>| 18300 | 12841 |
|  | Shandong Buchang <br> Pharmaceuticals Co. <br> Ltd., Class A<br>| 9000 | 21930 |
|  | Shandong Dongyue <br> Silicone Material Co. <br> Ltd., Class A<br>| 18700 | 24408 |
|  | Shandong Hi-Speed <br> Road & Bridge <br> Group Co. Ltd., <br> Class A<br>| 19100 | 16407 |
|  | Shandong Huatai <br> Paper Industry <br> Shareholding Co. <br> Ltd., Class A<br>| 21700 | 11348 |
|  | Shandong Humon <br> Smelting Co. Ltd., <br> Class A<br>| 15300 | 28396 |
| \* | Shandong Iron & Steel <br> Co. Ltd., Class A<br>| 93500 | 21152 |
|  | Shandong Linglong <br> Tyre Co. Ltd., <br> Class A<br>| 10300 | 22276 |
|  | Shandong Lukang <br> Pharma, Class A<br>| 23200 | 32684 |
|  | Shandong <br> Pharmaceutical <br> Glass Co. Ltd., <br> Class A<br>| 5800 | 17048 |
|  | Shandong Publishing & <br> Media Co. Ltd., <br> Class A<br>| 20600 | 24204 |
|  | Shandong Weifang <br> Rainbow Chemical <br> Co. Ltd., Class A<br>| 4100 | 42677 |
|  | Shandong Weigao <br> Group Medical <br> Polymer Co. Ltd., <br> Class H<br>| 471200 | 329835 |
|  | Shandong Xiantan Co. <br> Ltd., Class A<br>| 10050 | 8900 |
|  | Shandong Xinhua <br> Pharmaceutical Co. <br> Ltd., Class H<br>| 36000 | 32229 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Shanghai Aerospace <br> Automobile <br> Electromechanical <br> Co. Ltd., Class A<br>| 22100 | $25631 |
| \* | Shanghai AJ Group <br> Co. Ltd., Class A<br>| 37000 | 29240 |
|  | Shanghai Bailian <br> Group Co. Ltd., <br> Class A<br>| 25800 | 32752 |
|  | Shanghai Baosteel <br> Packaging Co. Ltd., <br> Class A<br>| 14500 | 11264 |
|  | Shanghai Bright Meat <br> Group Co. Ltd., <br> Class A<br>| 21900 | 20957 |
|  | Shanghai Chlor-Alkali <br> Chemical Co. Ltd., <br> Class A<br>| 10100 | 15511 |
|  | Shanghai Datun <br> Energy Resources <br> Co. Ltd., Class A<br>| 10700 | 20768 |
| \* | Shanghai Electric <br> Group Co. Ltd., <br> Class H<br>| 372000 | 216907 |
|  | Shanghai Environment <br> Group Co. Ltd., <br> Class A<br>| 31680 | 36969 |
|  | Shanghai Fosun <br> Pharmaceutical <br> Group Co. Ltd., <br> Class H<br>| 73000 | 223604 |
|  | Shanghai Huayi Group <br> Co. Ltd., Class A<br>| 21300 | 23808 |
|  | Shanghai Industrial <br> Holdings Ltd.<br>| 61000 | 107080 |
|  | Shanghai Jinjiang <br> International Hotels <br> Co. Ltd., Class A<br>| 9900 | 31324 |
|  | Shanghai Kaibao <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 26300 | 22811 |
|  | Shanghai Liangxin <br> Electrical Co. Ltd., <br> Class A<br>| 25200 | 37550 |
|  | Shanghai Mechanical <br> & Electrical Industry <br> Co. Ltd., Class A<br>| 9700 | 36958 |
|  | Shanghai <br> Pharmaceuticals <br> Holding Co. Ltd., <br> Class H<br>| 113600 | 171042 |

---

661

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Pudong <br> Construction Co. <br> Ltd., Class A<br>| 14700 | $16673 |
|  | Shanghai QiFan Cable <br> Co. Ltd., Class A<br>| 8300 | 21883 |
|  | Shanghai Runda <br> Medical Technology <br> Co. Ltd., Class A<br>| 10500 | 24854 |
|  | Shanghai Shyndec <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 23400 | 34268 |
| \* | Shanghai Stonehill <br> Technology Co. Ltd., <br> Class A<br>| 83500 | 93043 |
|  | Shanghai Waigaoqiao <br> Free Trade Zone <br> Group Co. Ltd., <br> Class A<br>| 14700 | 22599 |
|  | Shanghai Zhenhua <br> Heavy Industries Co. <br> Ltd., Class A<br>| 41200 | 27395 |
|  | Shanghai Zhonggu <br> Logistics Co. Ltd., <br> Class A<br>| 22500 | 34984 |
|  | Shanghai Zijiang <br> Enterprise Group <br> Co. Ltd., Class A<br>| 23300 | 25868 |
|  | Shantui Construction <br> Machinery Co. Ltd., <br> Class A<br>| 22000 | 35790 |
|  | Shanxi Blue Flame <br> Holding Co. Ltd., <br> Class A<br>| 23900 | 24335 |
|  | Shanxi Coking Co. <br> Ltd., Class A<br>| 75810 | 45506 |
| \* | Shanxi Guoxin Energy <br> Corp. Ltd., Class A<br>| 57960 | 28780 |
|  | Shanxi Lanhua <br> Sci-Tech Venture <br> Co. Ltd., Class A<br>| 15800 | 14948 |
| \* | Shanxi Meijin Energy <br> Co. Ltd., Class A<br>| 35100 | 25856 |
| \* | Shanying International <br> Holding Co. Ltd., <br> Class A<br>| 104000 | 25873 |
|  | Shenghe Resources <br> Holding Co. Ltd., <br> Class A<br>| 21000 | 68584 |
|  | Shenma Industry Co. <br> Ltd., Class A<br>| 31900 | 44549 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Ω | Shenwan Hongyuan <br> Group Co. Ltd., <br> Class H<br>| 236800 | $104193 |
|  | Shenzhen Agricultural <br> Power Group Co. <br> Ltd., Class A<br>| 20600 | 24745 |
|  | Shenzhen Airport Co. <br> Ltd., Class A<br>| 31600 | 32084 |
|  | Shenzhen Cereals <br> Holdings Co. Ltd., <br> Class A<br>| 16000 | 15708 |
|  | Shenzhen Colibri <br> Technologies Co. <br> Ltd., Class A<br>| 12200 | 38205 |
|  | Shenzhen Das <br> Intellitech Co. Ltd., <br> Class A<br>| 48400 | 22261 |
|  | Shenzhen Desay <br> Battery Technology <br> Co., Class A<br>| 6300 | 24886 |
| \* | Shenzhen Dynanonic <br> Co. Ltd., Class A<br>| 9300 | 60053 |
|  | Shenzhen Fuanna <br> Bedding & <br> Furnishing Co. Ltd., <br> Class A<br>| 10200 | 10326 |
|  | Shenzhen Gas Corp. <br> Ltd., Class A<br>| 23300 | 22009 |
| \* | Shenzhen Gongjin <br> Electronics Co. Ltd., <br> Class A<br>| 11600 | 19471 |
| Ω | Shenzhen Hepalink <br> Pharmaceutical <br> Group Co. Ltd., <br> Class H<br>| 23000 | 15907 |
|  | Shenzhen Hopewind <br> Electric Co. Ltd., <br> Class A<br>| 11100 | 47078 |
|  | Shenzhen International <br> Holdings Ltd.<br>| 176825 | 183295 |
| \* | Shenzhen Investment <br> Ltd.<br>| 224068 | 24218 |
|  | Shenzhen Invt Electric <br> Co. Ltd., Class A<br>| 25800 | 32667 |
| \* | Shenzhen Jinjia Group <br> Co. Ltd., Class A<br>| 41500 | 26035 |
|  | Shenzhen Kangtai <br> Biological Products <br> Co. Ltd., Class A<br>| 11100 | 26843 |

---

662

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Kingkey <br> Smart Agriculture <br> Times Co. Ltd., <br> Class A<br>| 10500 | $24260 |
|  | Shenzhen Laibao <br> Hi-tech Co. Ltd., <br> Class A<br>| 24200 | 37968 |
|  | Shenzhen Leaguer Co. <br> Ltd., Class A<br>| 24800 | 32159 |
|  | Shenzhen Microgate <br> Technology Co. Ltd., <br> Class A<br>| 18000 | 32111 |
|  | Shenzhen Noposin <br> Crop Science Co. <br> Ltd., Class A<br>| 12400 | 21255 |
|  | Shenzhen Senior <br> Technology Material <br> Co. Ltd., Class A<br>| 27600 | 55240 |
|  | Shenzhen United <br> Winners Laser Co. <br> Ltd., Class A<br>| 10977 | 40225 |
|  | Shenzhen Yinghe <br> Technology Co. Ltd., <br> Class A<br>| 7100 | 29882 |
|  | Shenzhen Zhongjin <br> Lingnan Nonfemet <br> Co. Ltd., Class A<br>| 68200 | 52867 |
|  | Shenzhou International <br> Group Holdings Ltd.<br>| 56800 | 490287 |
| \* | Shida Shinghwa <br> Advanced Material <br> Group Co. Ltd., <br> Class A<br>| 2000 | 18207 |
|  | Shinva Medical <br> Instrument Co. Ltd., <br> Class A<br>| 7930 | 17319 |
|  | Shiyue Daotian Group <br> Co. Ltd., Class H<br>| 18000 | 19427 |
|  | Shoucheng Holdings <br> Ltd.<br>| 466000 | 130946 |
|  | Shougang Fushan <br> Resources Group <br> Ltd.<br>| 421416 | 165346 |
|  | Shui On Land Ltd. | 631500 | 57619 |
|  | Sichuan EM <br> Technology Co. Ltd., <br> Class A<br>| 17500 | 49032 |
| \* | Sichuan Haite <br> High-tech Co. Ltd., <br> Class A<br>| 15500 | 27340 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sichuan Hebang <br> Biotechnology Co. <br> Ltd., Class A<br>| 91160 | $27924 |
| \* | Sichuan Hexie <br> Shuangma Co. Ltd., <br> Class A<br>| 13900 | 39744 |
| \* | Sichuan Lutianhua Co. <br> Ltd., Class A<br>| 37800 | 22794 |
|  | Sichuan Yahua <br> Industrial Group Co. <br> Ltd., Class A<br>| 14000 | 39996 |
|  | Sihuan Pharmaceutical <br> Holdings Group Ltd.<br>| 584000 | 111313 |
|  | SIIC Environment <br> Holdings Ltd. (807 <br> HK)<br>| 193000 | 27804 |
| Ω | Simcere <br> Pharmaceutical <br> Group Ltd.<br>| 84000 | 133790 |
| \* | Sinic Holdings Group <br> Co. Ltd.<br>| 28000 | 0 |
|  | Sino <br> Biopharmaceutical <br> Ltd.<br>| 1369000 | 1247066 |
|  | Sinofert Holdings Ltd. | 464000 | 90733 |
|  | Sinomach Automobile <br> Co. Ltd., Class A<br>| 21400 | 18759 |
|  | Sinomach Precision <br> Industry Group Co. <br> Ltd., Class A<br>| 10700 | 43074 |
|  | Sinopec Engineering <br> Group Co. Ltd., <br> Class H<br>| 282500 | 266116 |
|  | Sinopec Kantons <br> Holdings Ltd.<br>| 230000 | 118970 |
| \* | Sinopec Oilfield <br> Equipment Corp., <br> Class A<br>| 25600 | 26150 |
|  | Sinopec Shanghai <br> Petrochemical Co. <br> Ltd., Class H<br>| 454000 | 77705 |
|  | Sinopharm Group Co. <br> Ltd., Class H<br>| 259200 | 646073 |
|  | Sino-Platinum Metals <br> Co. Ltd., Class A<br>| 10660 | 24912 |
|  | Sinosteel Engineering <br> & Technology Co. <br> Ltd., Class A<br>| 12000 | 10796 |
|  | Sinosteel New <br> Materials Co. Ltd., <br> Class A<br>| 12100 | 18630 |
| # | Sinotrans Ltd., <br> Class H<br>| 393000 | 267126 |

---

663

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sinotruk Hong Kong <br> Ltd.<br>| 114000 | $380855 |
|  | Sinotruk Jinan Truck <br> Co. Ltd., Class A<br>| 13400 | 34189 |
|  | Skyworth Digital Co. <br> Ltd., Class A<br>| 15900 | 30383 |
| #\* | Skyworth Group Ltd. | 38000 | 19258 |
| Ω | Smoore International <br> Holdings Ltd.<br>| 71000 | 119573 |
|  | Snowsky Salt Industry <br> Group Co. Ltd., <br> Class A<br>| 24200 | 19392 |
|  | Southern Publishing & <br> Media Co. Ltd., <br> Class A<br>| 5800 | 11532 |
| # | SSY Group Ltd. | 270000 | 107782 |
|  | Stanley Agricultural <br> Group Co. Ltd., <br> Class A<br>| 22000 | 30145 |
|  | Star Lake Bioscience <br> Co., Inc. Zhaoqing <br> Guangdong, <br> Class A<br>| 47700 | 48185 |
|  | STO Express Co. Ltd., <br> Class A<br>| 13600 | 29603 |
|  | Sumec Corp. Ltd., <br> Class A<br>| 29000 | 46102 |
|  | Sun Art Retail Group <br> Ltd.<br>| 472000 | 114699 |
|  | Sun King Technology <br> Group Ltd.<br>| 218000 | 56703 |
|  | Suning Universal Co. <br> Ltd., Class A<br>| 67314 | 24123 |
|  | Sunrise Group Co. <br> Ltd., Class A<br>| 27700 | 22507 |
| \* | Sunshine Lake Pharma <br> Co. Ltd.<br>| 15553 | 91671 |
|  | Sunstone Development <br> Co. Ltd., Class A<br>| 10000 | 34613 |
|  | Suntak Technology Co. <br> Ltd., Class A<br>| 18900 | 37837 |
|  | Sunward Intelligent <br> Equipment Co. Ltd., <br> Class A<br>| 24500 | 45623 |
|  | Suzhou Anjie <br> Technology Co. Ltd., <br> Class A<br>| 13800 | 26999 |
|  | Suzhou Gold Mantis <br> Construction <br> Decoration Co. Ltd., <br> Class A<br>| 39700 | 18971 |
| # | SY Holdings Group <br> Ltd.<br>| 78000 | 113303 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Taiyuan Heavy Industry <br> Co. Ltd., Class A<br>| 45700 | $17862 |
| \* | Tangrenshen Group <br> Co. Ltd., Class A<br>| 32900 | 22068 |
|  | Tangshan Sanyou <br> Chemical Industries <br> Co. Ltd., Class A<br>| 32100 | 25718 |
|  | Tayho Advanced <br> Materials Group Co. <br> Ltd., Class A<br>| 19200 | 27094 |
|  | TCL Electronics <br> Holdings Ltd.<br>| 209000 | 248149 |
|  | TDG Holdings Co. Ltd., <br> Class A<br>| 21000 | 30335 |
|  | Tencent Music <br> Entertainment <br> Group, ADR<br>| 9792 | 218557 |
|  | Three's Co. Media <br> Group Co. Ltd., <br> Class A<br>| 6700 | 27131 |
|  | Tian An China <br> Investment Co. Ltd.<br>| 123000 | 71896 |
| \*†† | Tian Shan <br> Development <br> Holding Ltd.<br>| 52000 | 0 |
|  | Tiande Chemical <br> Holdings Ltd.<br>| 156000 | 28773 |
|  | Tiangong International <br> Co. Ltd.<br>| 308000 | 116641 |
|  | Tianjin Capital <br> Environmental <br> Protection Group <br> Co. Ltd., Class H<br>| 62000 | 34025 |
|  | Tianjin Chase Sun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 47200 | 25347 |
|  | Tianjin Port Co. Ltd., <br> Class A<br>| 33200 | 22443 |
|  | Tianjin Port <br> Development <br> Holdings Ltd.<br>| 526000 | 48155 |
|  | Tianjin Ringpu <br> Bio-Technology Co. <br> Ltd., Class A<br>| 10400 | 31519 |
|  | Tianjin TEDA <br> Resources Recycling <br> Group Co. Ltd., <br> Class A<br>| 47200 | 28171 |
|  | Tianneng Power <br> International Ltd.<br>| 122000 | 135247 |
| \* | Tianqi Lithium Corp., <br> Class H<br>| 26800 | 164742 |

---

664

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Tianrun Industry <br> Technology Co. Ltd., <br> Class A<br>| 35200 | $31524 |
| \* | Tibet Water Resources <br> Ltd.<br>| 197000 | 15977 |
|  | Tinergy Chemical Co. <br> Ltd., Class A<br>| 65400 | 51301 |
|  | Tofflon Science & <br> Technology Group <br> Co. Ltd., Class A<br>| 14900 | 35510 |
|  | Toly Bread Co. Ltd., <br> Class A<br>| 27100 | 20764 |
|  | Tomson Group Ltd. | 94334 | 32848 |
| # | Tong Ren Tang <br> Technologies Co. <br> Ltd., Class H<br>| 116000 | 69222 |
|  | Tongcheng Travel <br> Holdings Ltd.<br>| 42800 | 117777 |
|  | Tongdao Liepin Group | 61600 | 25238 |
|  | Tongguan Gold Group <br> Ltd.<br>| 112000 | 38994 |
|  | Tongling Jingda <br> Special Magnet Wire <br> Co. Ltd., Class A<br>| 26500 | 40438 |
|  | Tongyu Heavy Industry <br> Co. Ltd., Class A<br>| 63900 | 27668 |
|  | Topsec Technologies <br> Group, Inc., Class A<br>| 35200 | 51590 |
| Ω | Topsports International <br> Holdings Ltd.<br>| 345000 | 136732 |
|  | Transfar Zhilian Co. <br> Ltd., Class A<br>| 38900 | 34144 |
|  | TravelSky Technology <br> Ltd., Class H<br>| 135000 | 177660 |
|  | Triangle Tyre Co. Ltd., <br> Class A<br>| 9700 | 20160 |
|  | Tsingtao Brewery Co. <br> Ltd., Class H<br>| 54000 | 364961 |
|  | TSP Wind Power <br> Group Co. Ltd.<br>| 12000 | 14310 |
| †† | Tunghsu <br> Optoelectronic <br> Technology Co. Ltd., <br> Class A<br>| 67200 | 661 |
|  | Unilumin Group Co. <br> Ltd., Class A<br>| 28700 | 29750 |
| # | Uni-President China <br> Holdings Ltd.<br>| 135000 | 146157 |
| #†† | Untrade.China Dili | 334200 | 5324 |
|  | Valiant Co. Ltd., <br> Class A<br>| 14100 | 27763 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Vats Liquor Chain <br> Store Management <br> JSC Ltd. (300755 <br> C2), Class A<br>| 11500 | $33608 |
|  | Vatti Corp. Ltd., <br> Class A<br>| 19300 | 17338 |
|  | Victory Giant <br> Technology Huizhou <br> Co. Ltd., Class A<br>| 6900 | 283827 |
|  | Vipshop Holdings Ltd., <br> ADR<br>| 62902 | 1100156 |
| \*Ω | Viva Biotech Holdings | 133500 | 41870 |
|  | Walvax Biotechnology <br> Co. Ltd., Class A<br>| 13200 | 22692 |
|  | Wangneng <br> Environment Co. <br> Ltd., Class A<br>| 10100 | 24269 |
|  | Wanguo Gold Group <br> Ltd.<br>| 64000 | 251948 |
|  | Wasion Holdings Ltd. | 124000 | 199510 |
|  | Wasu Media Holding <br> Co. Ltd., Class A<br>| 24500 | 27174 |
|  | Weibo Corp. (9898 <br> HK), Class A<br>| 13880 | 151767 |
|  | Weichai Power Co. <br> Ltd., Class H<br>| 342000 | 706674 |
|  | Weifu High-Technology <br> Group Co. Ltd., <br> Class A<br>| 12200 | 36812 |
|  | Weihai Guangtai <br> Airport Equipment <br> Co. Ltd., Class A<br>| 15100 | 21716 |
|  | Wellhope Foods Co. <br> Ltd., Class A<br>| 18200 | 19626 |
|  | Wencan Group Co. <br> Ltd., Class A<br>| 7200 | 21879 |
|  | West China Cement <br> Ltd.<br>| 394000 | 150569 |
|  | Wharf Holdings Ltd. | 47000 | 123650 |
|  | Windey Energy <br> Technology Group <br> Co. Ltd., Class A<br>| 10400 | 26702 |
|  | Wolong Electric Group <br> Co. Ltd., Class A<br>| 15480 | 105120 |
|  | Wuhu Token Science <br> Co. Ltd., Class A<br>| 41900 | 36550 |
|  | Wuling Motors <br> Holdings Ltd.<br>| 140000 | 9188 |
|  | Wushang Group Co. <br> Ltd., Class A<br>| 19800 | 27796 |
| \*Ω | Wuxi Biologics <br> Cayman, Inc.<br>| 721500 | 3365143 |

---

665

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Wuxi Boton Technology <br> Co. Ltd., Class A<br>| 9700 | $31763 |
|  | Wuxi Huaguang <br> Environment & <br> Energy Group Co. <br> Ltd., Class A<br>| 14900 | 32394 |
|  | Wuxi Paike New <br> Materials Technology <br> Co. Ltd., Class A<br>| 1700 | 16690 |
|  | Wuxi Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 28400 | 24233 |
|  | Wuxi Taiji Industry Ltd. <br> Co., Class A<br>| 23200 | 28273 |
| \*Ω | Xiabuxiabu Catering <br> Management China <br> Holdings Co. Ltd.<br>| 173000 | 22275 |
|  | Xiamen Bank Co. Ltd., <br> Class A<br>| 54200 | 53715 |
|  | Xiamen Changelight <br> Co. Ltd., Class A<br>| 25000 | 41996 |
|  | Xiamen ITG Group <br> Corp. Ltd., Class A<br>| 23400 | 21314 |
|  | Xiamen Xiangyu Co. <br> Ltd., Class A<br>| 31300 | 36531 |
|  | Xi'An Shaangu Power <br> Co. Ltd., Class A<br>| 26300 | 32165 |
|  | Xiandai Investment Co. <br> Ltd., Class A<br>| 38000 | 22634 |
| \* | Xiangtan Electric <br> Manufacturing Co. <br> Ltd., Class A<br>| 15300 | 32764 |
|  | Xianhe Co. Ltd., <br> Class A<br>| 11300 | 36324 |
|  | Xilinmen Furniture Co. <br> Ltd., Class A<br>| 7500 | 18031 |
|  | Xinfengming Group <br> Co. Ltd., Class A<br>| 28900 | 64599 |
|  | Xingfa Aluminium <br> Holdings Ltd.<br>| 20000 | 20031 |
|  | Xinhua Winshare <br> Publishing & Media <br> Co. Ltd., Class H<br>| 62000 | 83221 |
|  | Xinjiang <br> Communications <br> Construction Group <br> Co. Ltd., Class A<br>| 10600 | 28185 |
|  | Xinjiang Joinworld Co. <br> Ltd., Class A<br>| 18800 | 21424 |
|  | Xinjiang Qingsong <br> Building Materials & <br> Chemicals Group <br> Co. Ltd., Class A<br>| 46300 | 30654 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Xinjiang Xinxin Mining <br> Industry Co. Ltd., <br> Class H<br>| 152000 | $50592 |
|  | Xinjiang Xuefeng <br> Sci-Tech Group Co. <br> Ltd., Class A<br>| 22500 | 28726 |
|  | Xinxiang Chemical <br> Fiber Co. Ltd., <br> Class A<br>| 32600 | 20044 |
|  | Xinxing Ductile Iron <br> Pipes Co. Ltd., <br> Class A<br>| 77883 | 47398 |
| # | Xinyi Energy Holdings <br> Ltd.<br>| 556792 | 90910 |
|  | Xinyi Solar Holdings <br> Ltd.<br>| 139852 | 64443 |
|  | Xinyu Iron & Steel Co. <br> Ltd., Class A<br>| 47700 | 28172 |
| \* | Xinzhi Group Co. Ltd., <br> Class A<br>| 13100 | 52722 |
|  | Xtep International <br> Holdings Ltd.<br>| 294461 | 213224 |
| \* | Xunlei Ltd., ADR | 12789 | 113950 |
|  | Yangling Metron New <br> Material, Inc., <br> Class A<br>| 9380 | 21956 |
| Ω | Yangtze Optical Fibre <br> & Cable Joint Stock <br> Co. Ltd., Class H<br>| 34500 | 158098 |
|  | Yankuang Energy <br> Group Co. Ltd., <br> Class H<br>| 412000 | 565612 |
|  | Yantai Changyu <br> Pioneer Wine Co. <br> Ltd., Class A<br>| 3800 | 11481 |
| \* | Yatsen Holding Ltd., <br> ADR<br>| 17343 | 123135 |
| \* | Yeahka Ltd. | 34000 | 37914 |
|  | Yechiu Metal Recycling <br> China Ltd., Class A<br>| 70100 | 30840 |
| \* | Yibin Tianyuan Group <br> Co. Ltd., Class A<br>| 14900 | 12193 |
|  | Yihai International <br> Holding Ltd.<br>| 13000 | 19946 |
|  | Yiren Digital Ltd., <br> Sponsored ADR<br>| 19865 | 110847 |
| Ω | Yixin Group Ltd. | 525500 | 153173 |
|  | Yixintang <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 6500 | 12251 |

---

666

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Yonfer Agricultural <br> Technology Co. Ltd., <br> Class A<br>| 22900 | $47873 |
| Yongjin Technology <br> Group Co. Ltd.<br>| 6800 | 17521 |
| Yotrio Group Co. Ltd., <br> Class A<br>| 63800 | 34610 |
| Yuexiu Services Group <br> Ltd.<br>| 90500 | 29573 |
| Yueyang Forest & <br> Paper Co. Ltd., <br> Class A<br>| 24600 | 15393 |
| Yum China Holdings, <br> Inc. (YUMC US)<br>| 2962 | 128136 |
| YUNDA Holding Group <br> Co. Ltd., Class A<br>| 42000 | 43008 |
| Yunnan Energy <br> Investment Co. Ltd., <br> Class A<br>| 11700 | 19985 |
| Yusys Technologies <br> Co. Ltd., Class A<br>| 9500 | 32006 |
| Yutong Bus Co. Ltd., <br> Class A<br>| 13000 | 59069 |
| Zengame Technology <br> Holding Ltd.<br>| 62000 | 18541 |
| Zhefu Holding Group <br> Co. Ltd., Class A<br>| 68100 | 39326 |
| Zhejiang Asia-Pacific <br> Mechanical & <br> Electronic Co. Ltd., <br> Class A<br>| 22700 | 45286 |
| Zhejiang <br> Communications <br> Technology Co. Ltd., <br> Class A<br>| 58320 | 34260 |
| Zhejiang Conba <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 47300 | 31109 |
| Zhejiang Daily Digital <br> Culture Group Co. <br> Ltd., Class A<br>| 15400 | 29453 |
| Zhejiang Garden <br> Biopharmaceutical <br> Co. Ltd., Class A<br>| 14000 | 27097 |
| Zhejiang <br> Guyuelongshan <br> Shaoxing Wine Co. <br> Ltd., Class A<br>| 9700 | 12950 |
| Zhejiang Haikong <br> Nanke Huatie Digital <br> Intelligence & <br> Technology Co. Ltd.<br>| 15600 | 17229 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Zhejiang Hailiang Co. <br> Ltd., Class A<br>| 17500 | $28307 |
| Zhejiang HangKe <br> Technology, Inc. Co., <br> Class A<br>| 8981 | 41273 |
| Zhejiang Hangmin Co. <br> Ltd., Class A<br>| 13700 | 13767 |
| Zhejiang Hisun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 18800 | 29620 |
| Zhejiang Huace Film & <br> Television Co. Ltd., <br> Class A<br>| 54800 | 59163 |
| Zhejiang Huangma <br> Technology Co. Ltd., <br> Class A<br>| 15200 | 38976 |
| Zhejiang Jiahua <br> Energy Chemical <br> Industry Co. Ltd., <br> Class A<br>| 14600 | 17494 |
| Zhejiang Jiecang <br> Linear Motion <br> Technology Co. Ltd., <br> Class A<br>| 9400 | 50570 |
| Zhejiang Jingxin <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 23280 | 61677 |
| Zhejiang Jiuzhou <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 9800 | 27484 |
| Zhejiang Medicine Co. <br> Ltd., Class A<br>| 8405 | 17212 |
| Zhejiang Orient <br> Financial Holdings <br> Group Co. Ltd., <br> Class A<br>| 43280 | 43659 |
| Zhejiang Runtu Co. <br> Ltd., Class A<br>| 10300 | 10600 |
| Zhejiang Semir <br> Garment Co. Ltd., <br> Class A<br>| 33700 | 25619 |
| Zhejiang Shaoxing <br> RuiFeng Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 28000 | 21573 |
| Zhejiang Taihua New <br> Material Group Co. <br> Ltd., Class A<br>| 18100 | 22507 |
| Zhejiang Tianyu <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 5100 | 18786 |

---

667

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Wanliyang <br> Co. Ltd., Class A<br>| 29800 | $37738 |
|  | Zhejiang Wanma Co. <br> Ltd., Class A<br>| 15300 | 38632 |
|  | Zhejiang Wansheng <br> Co. Ltd., Class A<br>| 8600 | 13706 |
|  | Zhejiang XCC Group <br> Co. Ltd., Class A<br>| 5900 | 38088 |
|  | Zhejiang Xianju <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 13900 | 18509 |
|  | Zhejiang Xinan <br> Chemical Industrial <br> Group Co. Ltd., <br> Class A<br>| 21700 | 30741 |
|  | Zhejiang Xinao <br> Textiles, Inc., <br> Class A<br>| 19200 | 21586 |
|  | Zhende Medical Co. <br> Ltd., Class A<br>| 3900 | 52108 |
|  | Zhenjiang Dongfang <br> Electric Heating <br> Technology Co. Ltd., <br> Class A<br>| 31100 | 23586 |
|  | Zhewen Interactive <br> Group Co. Ltd., <br> Class A<br>| 33900 | 41666 |
| \* | Zhihu, Inc. | 8200 | 11576 |
| \*Ω | ZhongAn Online P&C <br> Insurance Co. Ltd., <br> Class H<br>| 138200 | 297568 |
|  | Zhongshan Broad <br> Ocean Motor Co. <br> Ltd., Class A<br>| 33000 | 56877 |
| # | Zhongsheng Group <br> Holdings Ltd.<br>| 150500 | 237579 |
| \*†† | Zhongtian Financial <br> Group Co. Ltd., <br> Class A<br>| 95600 | 0 |
|  | Zhongyuan <br> Environment-Protection <br> Co. Ltd., Class A<br>| 15700 | 19412 |
| #Ω | Zhou Hei Ya <br> International <br> Holdings Co. Ltd.<br>| 151500 | 35547 |
|  | Zhuzhou CRRC Times <br> Electric Co. Ltd., <br> Class H<br>| 65200 | 331354 |
|  | Zhuzhou Kibing Group <br> Co. Ltd., Class A<br>| 55100 | 54992 |
|  | Zhuzhou Times New <br> Material Technology <br> Co. Ltd., Class A<br>| 6300 | 12928 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zibo Qixiang Tengda <br> Chemical Co. Ltd., <br> Class A<br>| 57600 | $38953 |
| #Ω | ZJLD Group, Inc. | 46000 | 51690 |
|  | ZJMI Environmental <br> Energy Co. Ltd., <br> Class A<br>| 13100 | 26042 |
|  | ZMJ Group Co. Ltd., <br> Class H<br>| 34200 | 94409 |
|  | Zoomlion Heavy <br> Industry Science & <br> Technology Co. Ltd., <br> Class H<br>| 250200 | 241576 |
|  | ZTO Express Cayman, <br> Inc. (2057 HK)<br>| 48200 | 889231 |
| TOTAL CHINA | TOTAL CHINA |  | 92638975 |
| COLOMBIA — (0.2%) | COLOMBIA — (0.2%) | COLOMBIA — (0.2%) | COLOMBIA — (0.2%) |
|  | Almacenes Exito SA | 13276 | 12743 |
| \* | Corp. Financiera <br> Colombiana SA<br>| 52491 | 248111 |
|  | Grupo Argos SA | 36020 | 162595 |
|  | Grupo de Inversiones <br> Suramericana SA<br>| 8496 | 103283 |
|  | Mineros SA | 9415 | 33218 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 559950 |
| FRANCE — (0.1%) | FRANCE — (0.1%) | FRANCE — (0.1%) | FRANCE — (0.1%) |
|  | Carrefour SA, BDR | 12212 | 193669 |
| GREECE — (0.7%) | GREECE — (0.7%) | GREECE — (0.7%) | GREECE — (0.7%) |
|  | Alpha Bank SA | 252527 | 989959 |
|  | Autohellas Tourist & <br> Trading SA<br>| 2338 | 29813 |
|  | Avax SA | 5249 | 14501 |
|  | Bank of Greece | 2693 | 45961 |
|  | Ellaktor SA | 5435 | 9752 |
|  | ElvalHalcor SA | 9981 | 36787 |
|  | Fourlis Holdings SA | 5499 | 26009 |
|  | GEK Terna SA | 5473 | 146074 |
|  | Hellenic Exchanges - <br> Athens Stock <br> Exchange SA<br>| 1759 | 12650 |
|  | Helleniq Energy <br> Holdings SA<br>| 12846 | 112988 |
| # | Intracom Holdings SA | 8294 | 31944 |
| \* | LAMDA Development <br> SA<br>| 9148 | 78027 |
|  | Motor Oil Hellas <br> Corinth Refineries <br> SA<br>| 8499 | 254694 |
|  | Piraeus Port Authority <br> SA<br>| 1053 | 52191 |

---

668

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) |
|  | Sarantis SA | 1609 | $23390 |
|  | Titan SA (TITC GA) | 5440 | 243577 |
| TOTAL GREECE | TOTAL GREECE |  | 2108317 |
| HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) |
|  | Truly International <br> Holdings Ltd.<br>| 258000 | 37815 |
| HUNGARY — (0.1%) | HUNGARY — (0.1%) | HUNGARY — (0.1%) | HUNGARY — (0.1%) |
|  | Richter Gedeon Nyrt | 8865 | 273078 |
| INDIA — (18.1%) | INDIA — (18.1%) | INDIA — (18.1%) | INDIA — (18.1%) |
|  | 360 ONE WAM Ltd. | 15309 | 186881 |
|  | 63 Moons <br> Technologies Ltd.<br>| 3396 | 30469 |
|  | Aarti Drugs Ltd. | 7935 | 43825 |
|  | Aarti Pharmalabs Ltd. | 3849 | 36729 |
| \* | Aavas Financiers Ltd. | 6299 | 117000 |
|  | ACC Ltd. | 11413 | 241362 |
|  | Action Construction <br> Equipment Ltd.<br>| 6469 | 80245 |
|  | ADF Foods Ltd. | 11510 | 28665 |
| \* | Aditya Birla Capital <br> Ltd.<br>| 73935 | 270801 |
|  | Aditya Birla Real <br> Estate Ltd.<br>| 8265 | 176010 |
|  | Advanced Enzyme <br> Technologies Ltd.<br>| 6682 | 23098 |
|  | Advent Hotels <br> International Pvt <br> Ltd.<br>| 1444 | 5087 |
|  | Aegis Logistics Ltd. | 20735 | 174236 |
| \* | Aether Industries Ltd. | 2729 | 23127 |
|  | AGI Greenpac Ltd. | 3184 | 29473 |
|  | Ahluwalia Contracts <br> India Ltd.<br>| 3784 | 40414 |
|  | AIA Engineering Ltd. | 5562 | 204459 |
|  | Ajanta Pharma Ltd. | 3566 | 99220 |
|  | Alembic <br> Pharmaceuticals <br> Ltd.<br>| 8442 | 85473 |
|  | Alkem Laboratories <br> Ltd.<br>| 4259 | 263182 |
|  | Allcargo Logistics Ltd. | 29876 | 11547 |
|  | Amara Raja Energy & <br> Mobility Ltd.<br>| 17864 | 202179 |
| \* | Amber Enterprises <br> India Ltd.<br>| 2627 | 237470 |
|  | Anant Raj Ltd. | 16935 | 122771 |
|  | Angel One Ltd. | 3622 | 101798 |
|  | Apar Industries Ltd. | 1978 | 193051 |
|  | APL Apollo Tubes Ltd. | 963 | 19481 |
|  | Apollo Pipes Ltd. | 1969 | 6865 |
|  | Apollo Tyres Ltd. | 58316 | 329122 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Aptus Value Housing <br> Finance India Ltd.<br>| 13027 | $46747 |
|  | Arvind Fashions Ltd. | 4486 | 25371 |
|  | Arvind Ltd. | 22037 | 79438 |
|  | Asahi India Glass Ltd. | 7855 | 81536 |
|  | Ashapura Minechem <br> Ltd.<br>| 2747 | 20587 |
|  | Ashiana Housing Ltd. | 6134 | 19346 |
|  | Ashok Leyland Ltd. | 375726 | 597790 |
| \* | Ashoka Buildcon Ltd. | 22830 | 52790 |
| Ω | Aster DM Healthcare <br> Ltd.<br>| 20067 | 153205 |
|  | Astra Microwave <br> Products Ltd.<br>| 3585 | 42114 |
|  | Atul Ltd. | 1372 | 89200 |
| Ω | AU Small Finance <br> Bank Ltd.<br>| 22943 | 226207 |
|  | Aurobindo Pharma <br> Ltd.<br>| 52623 | 678063 |
|  | Automotive Axles Ltd. | 879 | 16814 |
|  | Avanti Feeds Ltd. | 6008 | 47151 |
| \* | AWL Agri Business <br> Ltd.<br>| 20545 | 63365 |
| \* | Bajaj Consumer Care <br> Ltd.<br>| 14499 | 45244 |
|  | Bajaj Electricals Ltd. | 1413 | 8097 |
| \* | Bajaj Hindusthan <br> Sugar Ltd.<br>| 120090 | 29852 |
|  | Bajaj Holdings & <br> Investment Ltd.<br>| 3593 | 498388 |
|  | Balkrishna Industries <br> Ltd.<br>| 10726 | 275875 |
|  | Balmer Lawrie & Co. <br> Ltd.<br>| 10274 | 23305 |
|  | Balrampur Chini Mills <br> Ltd.<br>| 24145 | 124609 |
|  | Banco Products India <br> Ltd.<br>| 3038 | 24281 |
| Ω | Bandhan Bank Ltd. | 38805 | 68316 |
|  | Bank of India | 87859 | 138501 |
|  | Bank of Maharashtra | 86887 | 57826 |
|  | Bannari Amman <br> Sugars Ltd.<br>| 715 | 28971 |
|  | BASF India Ltd. | 1446 | 71816 |
|  | BEML Ltd. | 3138 | 154979 |
|  | Bhansali Engineering <br> Polymers Ltd.<br>| 32989 | 36632 |
|  | Bharat Bijlee Ltd. | 1034 | 35218 |
|  | Bharat Forge Ltd. | 2085 | 30992 |
|  | Bharat Heavy <br> Electricals Ltd.<br>| 134812 | 401247 |
|  | Bharat Rasayan Ltd. | 47 | 5728 |
|  | Biocon Ltd. | 29653 | 124522 |
|  | Birla Corp. Ltd. | 5943 | 78417 |

---

669

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | BirlaNu Ltd. | 799 | $17216 |
|  | Birlasoft Ltd. | 27719 | 115718 |
| \* | Bluspring Enterprises <br> Ltd.<br>| 11307 | 10263 |
|  | Bombay Burmah <br> Trading Co.<br>| 3632 | 81104 |
| \* | Borosil Scientific Ltd. | 1599 | 2467 |
|  | Bosch Ltd. | 925 | 388181 |
|  | Brigade Enterprises <br> Ltd.<br>| 14693 | 171389 |
| \* | Brightcom Group Ltd. | 196745 | 30156 |
|  | BSE Ltd. | 24030 | 671592 |
|  | Can Fin Homes Ltd. | 13719 | 133235 |
|  | Canara Bank | 358790 | 552024 |
| \* | Capacit'e Infraprojects <br> Ltd.<br>| 12960 | 41684 |
|  | Caplin Point <br> Laboratories Ltd.<br>| 4054 | 92564 |
|  | Carborundum <br> Universal Ltd.<br>| 2630 | 26751 |
|  | Care Ratings Ltd. | 3111 | 56001 |
| \* | Cartrade Tech Ltd. | 2827 | 95461 |
|  | CCL Products India <br> Ltd.<br>| 7811 | 75786 |
|  | Ceat Ltd. | 5123 | 232354 |
|  | Cemindia Projects Ltd. | 21907 | 200426 |
|  | Century Plyboards <br> India Ltd.<br>| 2114 | 17926 |
|  | Chambal Fertilisers & <br> Chemicals Ltd.<br>| 29578 | 160176 |
|  | Cholamandalam <br> Financial Holdings <br> Ltd.<br>| 15121 | 324234 |
|  | Cholamandalam <br> Investment & <br> Finance Co. Ltd.<br>| 2377 | 45537 |
|  | CIE Automotive India <br> Ltd.<br>| 20010 | 96990 |
| \* | Cigniti Technologies <br> Ltd.<br>| 1547 | 30037 |
|  | Cipla Ltd. | 2237 | 37832 |
|  | City Union Bank Ltd. | 66775 | 169470 |
|  | CMS Info Systems <br> Ltd.<br>| 14556 | 61045 |
| Ω | Cochin Shipyard Ltd. | 19212 | 387307 |
|  | Container Corp. of <br> India Ltd.<br>| 47778 | 294294 |
|  | Coromandel <br> International Ltd.<br>| 17834 | 428946 |
|  | Cosmo First Ltd. | 2466 | 23039 |
|  | Craftsman Automation <br> Ltd.<br>| 178 | 13363 |
| \* | CreditAccess Grameen <br> Ltd.<br>| 8071 | 128184 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Crompton Greaves <br> Consumer <br> Electricals Ltd.<br>| 20000 | $63678 |
| \* | CSB Bank Ltd. | 13783 | 64424 |
|  | Cummins India Ltd. | 1676 | 82069 |
|  | Cyient Ltd. | 10301 | 135166 |
|  | Dalmia Bharat Ltd. | 13110 | 309697 |
|  | DB Corp. Ltd. | 6805 | 20570 |
|  | DCB Bank Ltd. | 57328 | 102067 |
|  | DCM Shriram Ltd. | 5586 | 80743 |
|  | DCW Ltd. | 20413 | 14548 |
|  | Deepak Fertilisers & <br> Petrochemicals <br> Corp. Ltd.<br>| 8075 | 135254 |
|  | Deepak Nitrite Ltd. | 3617 | 70189 |
| \* | Delhivery Ltd. | 38958 | 204687 |
|  | Delta Corp. Ltd. | 17415 | 15277 |
|  | Dhanuka Agritech Ltd. | 1649 | 25341 |
| \* | Digitide Solutions Ltd. | 11307 | 20286 |
| Ω | Dilip Buildcon Ltd. | 2926 | 16302 |
| \* | Dishman Carbogen <br> Amcis Ltd.<br>| 4884 | 16028 |
|  | Dodla Dairy Ltd. | 745 | 10862 |
| # | Dr. Reddy's <br> Laboratories Ltd., <br> ADR<br>| 15001 | 199363 |
|  | Dwarikesh Sugar <br> Industries Ltd.<br>| 25289 | 12373 |
|  | eClerx Services Ltd. | 3096 | 164930 |
|  | Edelweiss Financial <br> Services Ltd.<br>| 91879 | 117240 |
| \* | EID Parry India Ltd. | 13557 | 164201 |
|  | EIH Ltd. | 16018 | 70295 |
|  | Electrosteel Castings <br> Ltd.<br>| 67971 | 69932 |
| \* | Embassy <br> Developments Ltd.<br>| 61816 | 64900 |
| Ω | Endurance <br> Technologies Ltd.<br>| 4098 | 130989 |
|  | Engineers India Ltd. | 54368 | 123215 |
|  | Epigral Ltd. | 2451 | 46636 |
|  | EPL Ltd. | 16493 | 37457 |
| \*Ω | Equitas Small Finance <br> Bank Ltd.<br>| 33942 | 21839 |
| Ω | Eris Lifesciences Ltd. | 5181 | 93182 |
|  | Escorts Kubota Ltd. | 7272 | 309535 |
| \* | Eureka Forbes Ltd. | 2799 | 17551 |
|  | Exide Industries Ltd. | 67801 | 291762 |
|  | FDC Ltd. | 8552 | 44657 |
|  | Federal Bank Ltd. | 298315 | 794598 |
|  | FIEM Industries Ltd. | 2550 | 59839 |
| \* | Fino Payments Bank <br> Ltd.<br>| 2776 | 8843 |
|  | Finolex Cables Ltd. | 10965 | 97144 |

---

670

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Finolex Industries Ltd. | 45245 | $95495 |
|  | Firstsource Solutions <br> Ltd.<br>| 40640 | 162003 |
|  | Force Motors Ltd. | 534 | 106432 |
|  | Fortis Healthcare Ltd. | 67232 | 775584 |
|  | Gabriel India Ltd. | 14644 | 209440 |
|  | GAIL India Ltd. (GAIL <br> IN)<br>| 60425 | 123932 |
|  | Galaxy Surfactants <br> Ltd.<br>| 1265 | 31753 |
|  | Ganesh Housing Ltd. | 2074 | 19350 |
|  | Ganesha Ecosphere <br> Ltd.<br>| 871 | 11856 |
|  | Garware Technical <br> Fibres Ltd.<br>| 6175 | 53036 |
|  | Gateway Distriparks <br> Ltd.<br>| 53007 | 38165 |
|  | GHCL Ltd. | 12047 | 86385 |
|  | GHCL Textiles Ltd. | 12047 | 10504 |
|  | GIC Housing Finance <br> Ltd.<br>| 4685 | 9230 |
| Ω | Gland Pharma Ltd. | 1842 | 40028 |
|  | Glenmark <br> Pharmaceuticals <br> Ltd.<br>| 25269 | 538079 |
|  | Godawari Power & <br> Ispat Ltd.<br>| 29870 | 94773 |
|  | Godfrey Phillips India <br> Ltd.<br>| 6807 | 236209 |
| Ω | Godrej Agrovet Ltd. | 5663 | 42397 |
| \* | Godrej Industries Ltd. | 12487 | 156175 |
|  | Granules India Ltd. | 23190 | 147887 |
|  | Graphite India Ltd. | 13925 | 97668 |
|  | Great Eastern Shipping <br> Co. Ltd. <br>| 17366 | 214691 |
|  | Greaves Cotton Ltd. | 10604 | 27200 |
|  | Greenlam Industries <br> Ltd.<br>| 2510 | 7488 |
|  | Greenpanel Industries <br> Ltd.<br>| 7462 | 24049 |
|  | Greenply Industries <br> Ltd.<br>| 3563 | 12241 |
|  | Gujarat Alkalies & <br> Chemicals Ltd.<br>| 2672 | 17208 |
|  | Gujarat Ambuja <br> Exports Ltd.<br>| 22550 | 26787 |
|  | Gujarat <br> Fluorochemicals <br> Ltd.<br>| 3294 | 138940 |
|  | Gujarat Mineral <br> Development Corp. <br> Ltd.<br>| 17056 | 113798 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Gujarat Narmada <br> Valley Fertilizers & <br> Chemicals Ltd.<br>| 11508 | $65089 |
|  | Gujarat Pipavav Port <br> Ltd.<br>| 41924 | 78678 |
|  | Gujarat State <br> Fertilizers & <br> Chemicals Ltd.<br>| 32270 | 69327 |
|  | Gujarat State Petronet <br> Ltd.<br>| 48339 | 168380 |
|  | Gulf Oil Lubricants <br> India Ltd.<br>| 1818 | 25314 |
|  | Happiest Minds <br> Technologies Ltd.<br>| 4925 | 28546 |
|  | HBL Engineering Ltd. | 11243 | 126871 |
| \* | HealthCare Global <br> Enterprises Ltd.<br>| 5478 | 46082 |
|  | HEG Ltd. | 13190 | 87461 |
|  | HeidelbergCement <br> India Ltd.<br>| 9938 | 21926 |
|  | Heritage Foods Ltd. | 14892 | 80924 |
|  | Hero MotoCorp Ltd. <br> (HMCL IN)<br>| 9901 | 618692 |
|  | HFCL Ltd. | 136955 | 113208 |
|  | HG Infra Engineering <br> Ltd.<br>| 2995 | 31007 |
|  | Hikal Ltd. | 4944 | 13305 |
|  | Himadri Speciality <br> Chemical Ltd.<br>| 40762 | 220390 |
| Ω | Home First Finance <br> Co. India Ltd.<br>| 3404 | 45821 |
|  | Honda India Power <br> Products Ltd.<br>| 495 | 14546 |
| Ω | ICICI Lombard General <br> Insurance Co. Ltd.<br>| 6129 | 138177 |
|  | ICRA Ltd. | 640 | 46143 |
|  | IDFC First Bank Ltd. | 828466 | 762172 |
|  | IIFL Capital Services <br> Ltd.<br>| 10171 | 39311 |
| \* | IIFL Finance Ltd. | 26871 | 161787 |
| \* | India Cements Ltd. | 13703 | 61943 |
|  | India Glycols Ltd. | 5320 | 57911 |
|  | Indian Bank | 44284 | 428382 |
| Ω | Indian Railway Finance <br> Corp. Ltd.<br>| 152813 | 212063 |
|  | Indo Count Industries <br> Ltd.<br>| 9730 | 31206 |
| \* | Indus Towers Ltd. | 155267 | 637059 |
| \* | Infibeam Avenues Ltd. | 226240 | 46114 |
|  | Info Edge India Ltd. | 32875 | 508893 |
| \* | Inox Wind Ltd. | 10597 | 18466 |
|  | Intellect Design Arena <br> Ltd.<br>| 9038 | 114743 |
|  | Ipca Laboratories Ltd. | 19348 | 276736 |

---

671

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| Ω | IRCON International <br> Ltd.<br>| 43270 | $82551 |
|  | ISGEC Heavy <br> Engineering Ltd.<br>| 2819 | 27800 |
|  | J Kumar Infraprojects <br> Ltd.<br>| 8134 | 60593 |
|  | Jagran Prakashan Ltd. | 20306 | 16587 |
|  | Jammu & Kashmir <br> Bank Ltd. <br>| 59754 | 71392 |
|  | Jamna Auto Industries <br> Ltd.<br>| 26376 | 28109 |
|  | JB Chemicals & <br> Pharmaceuticals <br> Ltd.<br>| 1201 | 22690 |
|  | Jindal Saw Ltd. | 73248 | 144800 |
|  | Jindal Stainless Ltd. | 67116 | 569740 |
|  | Jindal Steel Ltd. | 48771 | 586418 |
|  | JK Cement Ltd. | 4807 | 337226 |
|  | JK Lakshmi Cement <br> Ltd.<br>| 9249 | 90669 |
|  | JK Paper Ltd. | 13452 | 60469 |
|  | JK Tyre & Industries <br> Ltd.<br>| 16774 | 81412 |
|  | JM Financial Ltd. | 85680 | 158001 |
|  | JSW Energy Ltd. | 49563 | 294588 |
|  | JTEKT India Ltd. | 12052 | 21167 |
|  | Jubilant Ingrevia Ltd. | 16322 | 126780 |
|  | Jubilant Pharmova <br> Ltd.<br>| 12752 | 156505 |
| \* | Just Dial Ltd. | 2955 | 25702 |
|  | Jyothy Labs Ltd. | 16518 | 58584 |
|  | Kajaria Ceramics Ltd. | 1541 | 20847 |
|  | Kalpataru Projects <br> International Ltd.<br>| 11825 | 167184 |
|  | Kalyani Steels Ltd. | 5570 | 54379 |
|  | Kansai Nerolac Paints <br> Ltd.<br>| 25838 | 72484 |
|  | Karnataka Bank Ltd.  | 66443 | 134292 |
|  | Karur Vysya Bank Ltd. <br>| 84176 | 230934 |
|  | Kaveri Seed Co. Ltd. | 2474 | 29037 |
|  | KCP Ltd.  | 12677 | 29129 |
|  | KDDL Ltd. | 114 | 3213 |
|  | KEC International Ltd. | 15776 | 145172 |
|  | KEI Industries Ltd. | 1069 | 48458 |
|  | Kennametal India Ltd. | 656 | 15408 |
|  | Kewal Kiran Clothing <br> Ltd.<br>| 1817 | 10580 |
|  | Keystone Realtors Ltd. | 1470 | 9440 |
|  | Kirloskar Brothers Ltd. | 5543 | 117199 |
|  | Kirloskar Ferrous <br> Industries Ltd.<br>| 6216 | 35963 |
|  | Kirloskar Oil Engines <br> Ltd.<br>| 10741 | 120875 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Kirloskar Pneumatic <br> Co. Ltd.<br>| 2651 | $33418 |
|  | Kitex Garments Ltd. | 3573 | 8397 |
|  | KNR Constructions <br> Ltd.<br>| 19028 | 38907 |
|  | Kovai Medical Center <br> & Hospital Ltd.<br>| 977 | 70476 |
|  | KPR Mill Ltd. | 10562 | 127134 |
|  | KRBL Ltd. | 9467 | 39819 |
|  | Krsnaa Diagnostics <br> Ltd.<br>| 1854 | 16210 |
|  | KSB Ltd. | 6625 | 59174 |
|  | L&T Finance Ltd. | 125185 | 381360 |
|  | LA Opala RG Ltd. | 3233 | 8357 |
| Ω | Laurus Labs Ltd. | 5430 | 58403 |
|  | LG Balakrishnan & <br> Bros Ltd.<br>| 4876 | 77974 |
|  | LIC Housing Finance <br> Ltd.<br>| 52307 | 337125 |
|  | Linde India Ltd. | 621 | 42021 |
|  | LMW Ltd. | 407 | 72094 |
|  | LT Foods Ltd. | 25353 | 120036 |
|  | Lumax Auto <br> Technologies Ltd.<br>| 4144 | 52730 |
|  | Lumax Industries Ltd. | 360 | 20183 |
|  | Lupin Ltd. | 29069 | 645650 |
|  | LUX Industries Ltd. | 482 | 6942 |
|  | Maharashtra Scooters <br> Ltd.<br>| 720 | 122402 |
|  | Maharashtra Seamless <br> Ltd.<br>| 9160 | 58670 |
|  | Mahindra & Mahindra <br> Financial Services <br> Ltd.<br>| 94550 | 335940 |
|  | Mahindra Lifespace <br> Developers Ltd.<br>| 16834 | 73242 |
| Ω | Mahindra Logistics <br> Ltd.<br>| 6191 | 24506 |
| \* | Man Industries India <br> Ltd.<br>| 4449 | 20666 |
|  | Man Infraconstruction <br> Ltd.<br>| 20147 | 33660 |
|  | Manappuram Finance <br> Ltd.<br>| 86581 | 264006 |
|  | Marksans Pharma Ltd. | 51545 | 106227 |
| Ω | MAS Financial <br> Services Ltd.<br>| 8817 | 30284 |
|  | Mastek Ltd. | 2382 | 57363 |
|  | Mayur Uniquoters Ltd. | 2174 | 13192 |
|  | Mazagon Dock <br> Shipbuilders Ltd.<br>| 4412 | 135929 |
| \* | Medplus Health <br> Services Ltd.<br>| 3246 | 27833 |
|  | Minda Corp. Ltd. | 10408 | 66073 |

---

672

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| Ω | Mishra Dhatu Nigam <br> Ltd.<br>| 11441 | $49466 |
|  | MOIL Ltd. | 10893 | 44866 |
|  | Monte Carlo Fashions <br> Ltd.<br>| 1697 | 13378 |
|  | Morepen Laboratories <br> Ltd.<br>| 76735 | 41133 |
|  | Motilal Oswal Financial <br> Services Ltd.<br>| 26176 | 287780 |
|  | Mphasis Ltd. | 10099 | 313407 |
|  | MRF Ltd. | 327 | 581699 |
|  | Muthoot Finance Ltd. | 19462 | 700025 |
|  | Natco Pharma Ltd. | 13343 | 123119 |
|  | National Aluminium Co. <br> Ltd.<br>| 131702 | 346732 |
|  | Nava Ltd. | 24941 | 173793 |
|  | Navneet Education <br> Ltd.<br>| 13541 | 24592 |
|  | NCC Ltd. | 75278 | 180454 |
|  | NESCO Ltd. | 3096 | 47845 |
|  | Neuland Laboratories <br> Ltd.<br>| 878 | 163555 |
|  | NIIT Learning Systems <br> Ltd.<br>| 11898 | 43930 |
|  | NIIT Ltd. | 11898 | 13969 |
|  | Nilkamal Ltd. | 1015 | 17258 |
| Ω | Nippon Life India Asset <br> Management Ltd.<br>| 11787 | 116093 |
|  | NMDC Ltd. | 435198 | 370824 |
| \* | NMDC Steel Ltd. | 99766 | 48220 |
|  | NOCIL Ltd. | 9917 | 20644 |
|  | NRB Bearings Ltd. | 5264 | 16230 |
|  | Nucleus Software <br> Exports Ltd.<br>| 803 | 9103 |
|  | Nuvama Wealth <br> Management Ltd.<br>| 1025 | 82170 |
|  | Oberoi Realty Ltd. | 18904 | 378221 |
|  | One 97 <br> Communications <br> Ltd.<br>| 19589 | 286745 |
| \* | Onesource Specialty <br> Pharma Ltd.<br>| 6330 | 131847 |
|  | Oracle Financial <br> Services Software <br> Ltd.<br>| 1172 | 112455 |
|  | Orient Cement Ltd. | 14411 | 34766 |
|  | Oriental Hotels Ltd. | 9781 | 13555 |
|  | Paisalo Digital Ltd. | 74660 | 31851 |
|  | Panama Petrochem <br> Ltd.<br>| 4921 | 14788 |
|  | Patanjali Foods Ltd. | 35949 | 243975 |
| \* | Patel Engineering Ltd. | 53331 | 22410 |
| \* | PC Jeweller Ltd. | 554610 | 72690 |
|  | PCBL Chemical Ltd. | 5140 | 20941 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Pennar Industries Ltd. | 6497 | $19122 |
|  | Persistent Systems <br> Ltd.<br>| 776 | 51680 |
|  | Petronet LNG Ltd. | 133201 | 421700 |
|  | PG Electroplast Ltd. | 3992 | 25658 |
|  | Phoenix Mills Ltd.  | 27594 | 525318 |
|  | PI Industries Ltd. | 7001 | 282167 |
| \* | Piramal Finance Ltd. | 11577 | 146611 |
|  | Piramal Pharma Ltd. | 78799 | 178079 |
|  | PIX Transmissions <br> Ltd.<br>| 265 | 4390 |
| Ω | PNB Housing Finance <br> Ltd.<br>| 16208 | 169533 |
|  | PNC Infratech Ltd. | 13272 | 41907 |
|  | Pokarna Ltd. | 1954 | 20025 |
|  | Polyplex Corp. Ltd. | 2859 | 30746 |
| \* | Poonawalla Fincorp <br> Ltd.<br>| 32873 | 178247 |
|  | Power Finance Corp. <br> Ltd.<br>| 129145 | 586034 |
|  | Power Mech Projects <br> Ltd.<br>| 1572 | 44075 |
|  | Praj Industries Ltd. | 4375 | 16592 |
|  | Prakash Industries <br> Ltd.<br>| 12834 | 23696 |
| Ω | Prataap Snacks Ltd. | 1973 | 24360 |
|  | Prestige Estates <br> Projects Ltd.<br>| 26383 | 520327 |
| \* | Pricol Ltd. | 18565 | 110535 |
| \* | Prism Johnson Ltd. | 45272 | 77359 |
|  | Privi Speciality <br> Chemicals Ltd.<br>| 741 | 24250 |
| \* | PSP Projects Ltd. | 1063 | 11028 |
| \* | PTC India Financial <br> Services Ltd.<br>| 31087 | 12733 |
|  | PTC India Ltd. | 49707 | 94039 |
| \* | Puravankara Ltd. | 7743 | 23272 |
| \* | PVR Inox Ltd. | 7668 | 103781 |
| Ω | Quess Corp. Ltd. | 11307 | 30523 |
|  | Radico Khaitan Ltd. | 657 | 23185 |
|  | Rain Industries Ltd. | 35316 | 53059 |
|  | Rallis India Ltd. | 10770 | 31309 |
|  | Ramco Cements Ltd. | 16711 | 195176 |
|  | Ramco Industries Ltd. | 6510 | 25813 |
| \* | Ramco Systems Ltd. | 2857 | 20091 |
|  | Ramkrishna Forgings <br> Ltd.<br>| 6538 | 39907 |
| \* | Ramky Infrastructure <br> Ltd.<br>| 1161 | 8282 |
|  | Rane Holdings Ltd. | 1439 | 24977 |
|  | Rashtriya Chemicals & <br> Fertilizers Ltd.<br>| 22775 | 38203 |
|  | Ratnamani Metals & <br> Tubes Ltd.<br>| 1125 | 30585 |

---

673

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Raymond Lifestyle <br> Ltd.<br>| 4978 | $66235 |
| \* | Raymond Ltd. | 6223 | 40344 |
| \* | Raymond Realty Ltd. | 6223 | 43293 |
| Ω | RBL Bank Ltd. | 76650 | 281395 |
|  | REC Ltd. | 52473 | 221615 |
|  | Redington Ltd. | 100750 | 288458 |
|  | Redtape Ltd. | 12120 | 18566 |
| \* | Reliance Power Ltd. | 456424 | 237193 |
| \* | Religare Enterprises <br> Ltd.<br>| 12051 | 35849 |
|  | Repco Home Finance <br> Ltd.<br>| 8101 | 38124 |
|  | Responsive Industries <br> Ltd.<br>| 4608 | 10159 |
|  | RITES Ltd. | 14980 | 41327 |
|  | Rossari Biotech Ltd. | 1951 | 14055 |
| \* | Sagar Cements Ltd. | 4388 | 11097 |
|  | Saksoft Ltd. | 283 | 622 |
|  | Samvardhana <br> Motherson <br> International Ltd.<br>| 119208 | 141447 |
|  | Sandhar Technologies <br> Ltd.<br>| 1690 | 9726 |
|  | Sanghvi Movers Ltd. | 4064 | 18123 |
| Ω | Sansera Engineering <br> Ltd.<br>| 2696 | 45639 |
|  | Sarda Energy & <br> Minerals Ltd.<br>| 14770 | 88028 |
|  | Saregama India Ltd. | 5067 | 25830 |
|  | Sasken Technologies <br> Ltd.<br>| 747 | 11557 |
|  | Savita Oil Technologies <br> Ltd.<br>| 2310 | 10312 |
| \* | SBFC Finance Ltd. | 13226 | 17058 |
|  | SBI Cards & Payment <br> Services Ltd.<br>| 14607 | 144835 |
|  | Schaeffler India Ltd. | 1175 | 53343 |
| \* | SEPC Ltd. | 12250 | 960 |
| Ω | SH Kelkar & Co. Ltd. | 5846 | 14525 |
|  | Shakti Pumps India <br> Ltd.<br>| 5610 | 51784 |
|  | Sharda Cropchem Ltd. | 3090 | 30102 |
|  | Sharda Motor <br> Industries Ltd.<br>| 1426 | 16649 |
| \* | Sheela Foam Ltd. | 2041 | 15989 |
|  | Shilpa Medicare Ltd. | 12786 | 50649 |
|  | Shipping Corp. of India <br> Land & Assets Ltd.<br>| 25479 | 14633 |
|  | Shipping Corp. of India <br> Ltd.<br>| 25479 | 74329 |
|  | Shree Cement Ltd. | 101 | 32208 |
|  | Shriram Finance Ltd. | 137267 | 1161437 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Shriram Pistons & <br> Rings Ltd.<br>| 441 | $12975 |
| \* | SIS Ltd. | 5637 | 21189 |
|  | Siyaram Silk Mills Ltd. | 3403 | 28897 |
|  | SJS Enterprises Ltd. | 2570 | 46608 |
|  | Sobha Ltd. | 8336 | 151993 |
|  | Solar Industries India <br> Ltd.<br>| 390 | 61096 |
|  | Somany Ceramics Ltd. | 2041 | 10480 |
|  | South Indian Bank <br> Ltd.<br>| 528161 | 218872 |
|  | SRF Ltd. | 4083 | 134923 |
|  | Star Cement Ltd. | 15455 | 44541 |
| \* | Star Health & Allied <br> Insurance Co. Ltd.<br>| 15235 | 85007 |
|  | Steel Authority of India <br> Ltd.<br>| 206149 | 316710 |
| \* | Sterlite Technologies <br> Ltd.<br>| 22270 | 29444 |
| \* | STL Networks Ltd. | 22270 | 6565 |
|  | Strides Pharma <br> Science Ltd.<br>| 13715 | 143765 |
| \* | Stylam Industries Ltd. | 577 | 13254 |
|  | Subros Ltd. | 4472 | 54521 |
|  | Sudarshan Chemical <br> Industries Ltd.<br>| 3908 | 50516 |
|  | Sun TV Network Ltd. | 15404 | 97350 |
|  | Sundaram Finance <br> Ltd.<br>| 9828 | 504180 |
|  | Sundram Fasteners <br> Ltd.<br>| 6828 | 72755 |
|  | Sunflag Iron & Steel <br> Co. Ltd.<br>| 4493 | 13547 |
|  | Sunteck Realty Ltd. | 7768 | 38637 |
|  | Suprajit Engineering <br> Ltd.<br>| 9611 | 48280 |
|  | Supreme Petrochem <br> Ltd.<br>| 8621 | 72874 |
|  | Supriya Lifescience <br> Ltd.<br>| 1319 | 11539 |
|  | Surya Roshni Ltd. | 14724 | 48705 |
| Ω | Syngene International <br> Ltd.<br>| 12699 | 93263 |
|  | Tamilnad Mercantile <br> Bank Ltd.<br>| 5813 | 32315 |
| \* | TARC Ltd. | 9361 | 16513 |
|  | Tata Chemicals Ltd. | 16250 | 163182 |
|  | Tata Consumer <br> Products Ltd.<br>| 87288 | 1143128 |
|  | Tata Steel Ltd. | 22494 | 46309 |
|  | TD Power Systems <br> Ltd.<br>| 6975 | 59447 |
| \* | TeamLease Services <br> Ltd.<br>| 1113 | 21049 |

---

674

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Techno Electric & <br> Engineering Co. <br> Ltd.<br>| 10979 | $164365 |
|  | Texmaco Rail & <br> Engineering Ltd.<br>| 50683 | 77965 |
|  | Thirumalai Chemicals <br> Ltd.<br>| 12419 | 39567 |
|  | Thomas Cook India <br> Ltd.<br>| 26493 | 47777 |
|  | Time Technoplast Ltd. | 51028 | 124060 |
|  | Titagarh Rail System <br> Ltd.<br>| 8467 | 84414 |
|  | Tourism Finance Corp. <br> of India Ltd.<br>| 42635 | 33559 |
| \* | TransIndia Real Estate <br> Ltd.<br>| 7469 | 2431 |
|  | Transport Corp. of <br> India Ltd.<br>| 4427 | 59712 |
|  | Trident Ltd. | 167972 | 54081 |
|  | Triveni Engineering & <br> Industries Ltd.<br>| 10691 | 43079 |
|  | TTK Prestige Ltd. | 5007 | 37980 |
|  | TVS Srichakra Ltd. | 777 | 36208 |
|  | Uflex Ltd. | 6902 | 42056 |
| \* | Ugro Capital Ltd. | 14312 | 29460 |
| \*Ω | Ujjivan Small Finance <br> Bank Ltd.<br>| 84580 | 49454 |
| \* | Unichem Laboratories <br> Ltd.<br>| 3734 | 19895 |
|  | Union Bank of India <br> Ltd.<br>| 178021 | 297443 |
|  | UPL Ltd. | 88851 | 718601 |
|  | Usha Martin Ltd. | 30875 | 160530 |
|  | UTI Asset <br> Management Co. <br> Ltd.<br>| 6565 | 92327 |
|  | VA Tech Wabag Ltd. | 5913 | 93922 |
|  | Vaibhav Global Ltd. | 6445 | 19417 |
| \* | Valor Estate Ltd. | 14432 | 24173 |
|  | Vardhman Textiles Ltd. | 16925 | 83656 |
| Ω | Varroc Engineering <br> Ltd.<br>| 5366 | 37026 |
|  | Vedanta Ltd. | 7746 | 43068 |
|  | Veedol Corp. Ltd. | 415 | 8266 |
|  | Vesuvius India Ltd. | 12920 | 71717 |
|  | Vindhya Telelinks Ltd. | 1897 | 29026 |
| \* | VL E-Governance & IT <br> Solutions Ltd.<br>| 2340 | 632 |
| \* | Vodafone Idea Ltd. | 1094486 | 107536 |
|  | Voltamp Transformers <br> Ltd.<br>| 664 | 55572 |
|  | Voltas Ltd. | 20377 | 316565 |
|  | VRL Logistics Ltd. | 5978 | 18828 |
|  | VST Industries Ltd. | 7876 | 23129 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | VST Tillers Tractors <br> Ltd.<br>| 516 | $34857 |
|  | Welspun Corp. Ltd. | 18515 | 200915 |
|  | Welspun Enterprises <br> Ltd.<br>| 13957 | 88071 |
|  | Welspun Living Ltd. | 45005 | 65463 |
|  | West Coast Paper <br> Mills Ltd.<br>| 7697 | 39352 |
|  | Whirlpool of India Ltd. | 3307 | 51671 |
| \* | Wockhardt Ltd. | 8985 | 129403 |
|  | Wonderla Holidays <br> Ltd.<br>| 2231 | 14342 |
|  | Yaari Digital Integrated <br> Services Ltd.<br>| 134898 | 32292 |
| \* | Yes Bank Ltd. | 1907569 | 489325 |
|  | Zee Entertainment <br> Enterprises Ltd.<br>| 40324 | 45563 |
|  | Zensar Technologies <br> Ltd.<br>| 17247 | 154505 |
|  | Zydus Lifesciences <br> Ltd.<br>| 29418 | 323757 |
|  | Zydus Wellness Ltd. | 11885 | 63925 |
| TOTAL INDIA | TOTAL INDIA |  | 56001002 |
| INDONESIA — (1.5%) | INDONESIA — (1.5%) | INDONESIA — (1.5%) | INDONESIA — (1.5%) |
|  | ABM Investama Tbk. <br> PT<br>| 133400 | 23734 |
|  | Adi Sarana Armada <br> Tbk. PT<br>| 531600 | 34014 |
|  | AKR Corporindo Tbk. <br> PT<br>| 722600 | 53041 |
|  | Alamtri Minerals <br> Indonesia Tbk. PT<br>| 555200 | 46537 |
|  | Alamtri Resources <br> Indonesia Tbk. PT<br>| 317900 | 35988 |
|  | Aneka Tambang Tbk. <br> PT<br>| 1617300 | 300830 |
|  | Aspirasi Hidup <br> Indonesia Tbk. PT<br>| 1819000 | 48535 |
|  | Astra Agro Lestari Tbk. <br> PT<br>| 86500 | 40584 |
|  | Astra Otoparts Tbk. <br> PT<br>| 103700 | 15906 |
|  | Bank BTPN Syariah <br> Tbk. PT<br>| 780100 | 64209 |
|  | Bank Maybank <br> Indonesia Tbk. PT<br>| 1350600 | 16727 |
| \* | Bank Neo Commerce <br> Tbk. PT<br>| 1758600 | 41052 |
|  | Bank OCBC Nisp Tbk. <br> PT<br>| 547400 | 45231 |
|  | Bank Pan Indonesia <br> Tbk. PT<br>| 629400 | 39027 |

---

675

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Bank Pembangunan <br> Daerah Jawa Timur <br> Tbk. PT<br>| 70900 | $2323 |
|  | Bank Tabungan <br> Negara Persero Tbk. <br> PT<br>| 545965 | 40146 |
|  | BFI Finance Indonesia <br> Tbk. PT<br>| 1306700 | 63184 |
| \* | Buana Lintas Lautan <br> Tbk. PT<br>| 3151400 | 41230 |
| \* | Bukalapak.com Tbk. <br> PT<br>| 3408500 | 34434 |
|  | Bukit Asam Tbk. PT | 655800 | 94583 |
| \* | Buma Internasional <br> Grup Tbk. PT<br>| 1421800 | 29203 |
| \* | Bumi Resources <br> Minerals Tbk. PT<br>| 5837800 | 322522 |
|  | Ciputra Development <br> Tbk. PT<br>| 1814500 | 96389 |
|  | Dayamitra <br> Telekomunikasi PT<br>| 2897300 | 97537 |
|  | Dharma Satya <br> Nusantara Tbk. PT<br>| 248300 | 28173 |
|  | Elang Mahkota <br> Teknologi Tbk. PT<br>| 2005600 | 142555 |
|  | Elnusa Tbk. PT | 809300 | 24840 |
| \* | Energi Mega Persada <br> Tbk. PT<br>| 2098800 | 104141 |
|  | Erajaya Swasembada <br> Tbk. PT<br>| 1727000 | 43999 |
|  | ESSA Industries <br> Indonesia Tbk. PT<br>| 568300 | 21005 |
|  | Gajah Tunggal Tbk. <br> PT<br>| 227100 | 14204 |
| \* | Harum Energy Tbk. <br> PT<br>| 349600 | 24571 |
|  | Indah Kiat Pulp & <br> Paper Tbk. PT<br>| 260000 | 116281 |
|  | Indo Tambangraya <br> Megah Tbk. PT<br>| 63900 | 90240 |
|  | Indocement Tunggal <br> Prakarsa Tbk. PT<br>| 247400 | 92870 |
|  | Indofood CBP Sukses <br> Makmur Tbk. PT<br>| 47300 | 24719 |
|  | Indofood Sukses <br> Makmur Tbk. PT<br>| 732100 | 325795 |
| \* | Industri dan <br> Perdagangan <br> Bintraco Dharma <br> Tbk. PT<br>| 1528400 | 12049 |
|  | Japfa Comfeed <br> Indonesia Tbk. PT<br>| 971600 | 146437 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Kawasan Industri <br> Jababeka Tbk. PT<br>| 3322300 | $38121 |
| \* | Lippo Karawaci Tbk. <br> PT<br>| 1625600 | 8697 |
|  | Map Aktif Adiperkasa <br> PT<br>| 1026800 | 43116 |
|  | Medco Energi <br> Internasional Tbk. <br> PT<br>| 1673840 | 133943 |
| \* | Media Nusantara Citra <br> Tbk. PT<br>| 1220400 | 19660 |
| \* | Merdeka Battery <br> Materials Tbk. PT<br>| 3971000 | 150043 |
|  | Metrodata Electronics <br> Tbk. PT<br>| 289800 | 10624 |
|  | Mitra Adiperkasa Tbk. <br> PT<br>| 953000 | 73819 |
|  | Mitra Pinasthika <br> Mustika Tbk. PT<br>| 335600 | 19569 |
| \* | MNC Tourism <br> Indonesia Tbk. PT<br>| 6237000 | 54695 |
|  | Pabrik Kertas Tjiwi <br> Kimia Tbk. PT<br>| 92700 | 38816 |
|  | Pakuwon Jati Tbk. PT | 2166500 | 47876 |
| \* | Panin Financial Tbk. <br> PT<br>| 2425400 | 34968 |
|  | Perusahaan <br> Perkebunan London <br> Sumatra Indonesia <br> Tbk. PT<br>| 585500 | 49423 |
|  | Puradelta Lestari Tbk. <br> PT<br>| 2071600 | 16551 |
| \*†† | Rimo International <br> Lestari Tbk. PT<br>| 3228000 | 0 |
|  | Salim Ivomas Pratama <br> Tbk. PT<br>| 780700 | 29292 |
|  | Sampoerna Agro Tbk. <br> PT<br>| 77700 | 23469 |
|  | Samudera Indonesia <br> Tbk. PT<br>| 1589000 | 30200 |
|  | Sarana Menara <br> Nusantara Tbk. PT<br>| 2067400 | 67662 |
|  | Semen Indonesia <br> Persero Tbk. PT<br>| 439942 | 72886 |
| \*†† | Sri Rejeki Isman Tbk. <br> PT<br>| 1753600 | 0 |
|  | Summarecon Agung <br> Tbk. PT<br>| 1244000 | 29275 |
|  | Surya Citra Media Tbk. <br> PT<br>| 3616900 | 73348 |
|  | Surya Semesta <br> Internusa Tbk. PT<br>| 1042000 | 97620 |

---

676

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Tempo Scan Pacific <br> Tbk. PT<br>| 82400 | $14119 |
|  | Timah Tbk. PT | 493000 | 79098 |
| \*†† | Trada Alam Minera <br> Tbk. PT<br>| 2672100 | 0 |
|  | Trias Sentosa Tbk. PT | 36500 | 1048 |
|  | Trimegah Bangun <br> Persada Tbk. PT<br>| 1230800 | 92502 |
|  | Triputra Agro Persada <br> PT<br>| 966300 | 109296 |
|  | Tunas Baru Lampung <br> Tbk. PT<br>| 536000 | 24003 |
|  | United Tractors Tbk. <br> PT<br>| 101200 | 163628 |
|  | Vale Indonesia Tbk. <br> PT<br>| 418140 | 119309 |
| \*†† | Waskita Karya Persero <br> Tbk. PT<br>| 1125300 | 2563 |
| \* | Wir Asia Tbk. PT | 3146500 | 20297 |
|  | XLSMART Telecom <br> Sejahtera Tbk. PT<br>| 852013 | 133669 |
| TOTAL INDONESIA | TOTAL INDONESIA |  | 4762050 |
| KUWAIT — (0.8%) | KUWAIT — (0.8%) | KUWAIT — (0.8%) | KUWAIT — (0.8%) |
|  | A'ayan Leasing & <br> Investment Co. <br> KSCP<br>| 143965 | 99645 |
|  | Agility Public <br> Warehousing Co. <br> KSC<br>| 216529 | 106343 |
|  | Al Ahli Bank of Kuwait <br> KSCP<br>| 168189 | 157723 |
| \* | Alimtiaz Investment <br> Group KSC<br>| 341571 | 80584 |
|  | Arzan Financial Group <br> for Financing & <br> Investment KPSC<br>| 60996 | 78313 |
| \* | Asiya Capital <br> Investments Co. <br> KSCP<br>| 97686 | 18441 |
|  | Boubyan <br> Petrochemicals Co. <br> KSCP<br>| 58356 | 116765 |
|  | Burgan Bank SAK | 223703 | 172465 |
|  | Commercial Facilities <br> Co. SAKP<br>| 27850 | 24043 |
|  | Gulf Bank KSCP | 342702 | 391543 |
|  | Gulf Cables & <br> Electrical Industries <br> Group Co. KSCP<br>| 388 | 2840 |
|  | Kuwait Cement Co. <br> KSC<br>| 50992 | 59005 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
|  | Kuwait Financial <br> Centre SAK<br>| 32308 | $18680 |
|  | Kuwait Insurance Co. <br> SAK<br>| 15388 | 28870 |
|  | Kuwait International <br> Bank KSCP<br>| 158516 | 138205 |
|  | Kuwait Investment Co. <br> SAK<br>| 38322 | 31380 |
|  | Mobile <br> Telecommunications <br> Co. KSCP<br>| 16786 | 29010 |
|  | National Industries <br> Group Holding SAK<br>| 329155 | 312208 |
|  | National Investments <br> Co. KSCP<br>| 92515 | 102407 |
| \* | Warba Bank KSCP | 430422 | 406751 |
| TOTAL KUWAIT | TOTAL KUWAIT |  | 2375221 |
| MALAYSIA — (1.6%) | MALAYSIA — (1.6%) | MALAYSIA — (1.6%) | MALAYSIA — (1.6%) |
|  | Able Global Bhd. | 30900 | 12312 |
| # | Aeon Co. M Bhd. | 96000 | 28866 |
|  | AEON Credit Service <br> M Bhd.<br>| 23400 | 29394 |
| #\* | AFFIN Bank Bhd. | 125276 | 68512 |
|  | Ajinomoto Malaysia <br> Bhd.<br>| 4200 | 13450 |
|  | Alliance Bank Malaysia <br> Bhd.<br>| 164741 | 172874 |
|  | Allianz Malaysia Bhd. | 10500 | 45024 |
|  | AME Elite Consortium <br> Bhd.<br>| 28400 | 10502 |
|  | AMMB Holdings Bhd. <br> (AMM MK)<br>| 99400 | 135206 |
| # | Bank Islam Malaysia <br> Bhd.<br>| 127300 | 66875 |
|  | Batu Kawan Bhd. | 16200 | 74296 |
| \* | Berjaya Corp. Bhd. | 493544 | 34142 |
| \* | Bermaz Auto Bhd. | 64000 | 10229 |
| #\* | Bumi Armada Bhd. | 507900 | 40043 |
| # | Cahya Mata Sarawak <br> Bhd.<br>| 118100 | 44771 |
|  | Chin Teck Plantations <br> Bhd.<br>| 5500 | 14483 |
| # | Dayang Enterprise <br> Holdings Bhd.<br>| 106300 | 37837 |
| # | Dialog Group Bhd. | 192400 | 90013 |
| # | Duopharma Biotech <br> Bhd.<br>| 117952 | 35185 |
| # | Eastern & Oriental <br> Bhd.<br>| 114400 | 21819 |
| # | Eco World <br> Development Group <br> Bhd.<br>| 136900 | 67262 |

---

677

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | FAR East Holdings <br> Bhd.<br>| 1400 | $1386 |
|  | Gamuda Bhd. | 585578 | 703285 |
|  | Genting Bhd. | 280500 | 226198 |
|  | Genting Malaysia Bhd. | 341400 | 189827 |
|  | Genting Plantations <br> Bhd.<br>| 37600 | 45553 |
|  | HAP Seng <br> Consolidated Bhd.<br>| 46500 | 32983 |
| # | Hap Seng Plantations <br> Holdings Bhd.<br>| 27100 | 14632 |
|  | Hibiscus Petroleum <br> Bhd.<br>| 80759 | 27574 |
|  | Hong Leong Industries <br> Bhd.<br>| 10000 | 32804 |
|  | IGB Bhd. | 61123 | 48939 |
| # | IJM Corp. Bhd. | 291100 | 172028 |
|  | IOI Properties Group <br> Bhd.<br>| 252700 | 126705 |
| # | Jaya Tiasa Holdings <br> Bhd.<br>| 113300 | 31104 |
| # | Keck Seng Malaysia <br> Bhd.<br>| 19600 | 25987 |
|  | Kerjaya Prospek Group <br> Bhd.<br>| 39200 | 26070 |
|  | Kossan Rubber <br> Industries Bhd.<br>| 103800 | 29422 |
|  | Kretam Holdings Bhd. | 133900 | 22065 |
| # | KSL Holdings Bhd. | 57200 | 40969 |
|  | LBS Bina Group Bhd. | 99500 | 10088 |
| # | Leong Hup <br> International Bhd.<br>| 128600 | 20106 |
|  | LPI Capital Bhd. | 4100 | 14073 |
|  | Magni-Tech Industries <br> Bhd.<br>| 19900 | 10109 |
|  | Magnum Bhd. | 111814 | 37120 |
|  | Mah Sing Group Bhd. | 277700 | 68890 |
|  | Malayan Cement Bhd. | 31300 | 51273 |
| # | Malayan Flour Mills <br> Bhd.<br>| 227800 | 32101 |
|  | Malaysia Smelting <br> Corp. Bhd.<br>| 35800 | 11783 |
|  | Malaysian Pacific <br> Industries Bhd.<br>| 3900 | 27848 |
|  | Malaysian Resources <br> Corp. Bhd.<br>| 291800 | 31300 |
|  | Matrix Concepts <br> Holdings Bhd.<br>| 177975 | 58196 |
| # | MBM Resources Bhd. | 38200 | 47983 |
| # | MBSB Bhd. | 368973 | 63823 |
|  | Mega First Corp. Bhd. | 74000 | 65486 |
|  | Mi Technovation Bhd. | 70500 | 53029 |
|  | MKH Bhd. | 39000 | 9941 |
|  | MNRB Holdings Bhd. | 50800 | 22895 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | Muhibbah Engineering <br> M Bhd.<br>| 69100 | $8899 |
| # | OCK Group Bhd. | 106700 | 11084 |
|  | Oriental Holdings Bhd. | 46900 | 76711 |
| # | OSK Holdings Bhd. | 292199 | 99071 |
|  | Padini Holdings Bhd. | 50400 | 22745 |
|  | Pantech Group <br> Holdings Bhd.<br>| 62800 | 10040 |
| # | Perak Transit Bhd. | 99100 | 8030 |
|  | PPB Group Bhd. | 22000 | 58489 |
| # | RCE Capital Bhd. | 98200 | 25301 |
| # | Sarawak Oil Palms <br> Bhd.<br>| 41700 | 37131 |
|  | Scientex Bhd. | 87100 | 70488 |
|  | Sime Darby Bhd. | 403800 | 197402 |
| # | Sime Darby Property <br> Bhd.<br>| 436300 | 140299 |
|  | SKP Resources Bhd. | 103400 | 19363 |
| # | SP Setia Bhd. Group | 311299 | 64197 |
|  | Sunway Bhd. | 27723 | 35738 |
|  | Syarikat Takaful <br> Malaysia Keluarga <br> Bhd.<br>| 26900 | 19903 |
|  | Ta Ann Holdings Bhd. | 59700 | 59808 |
| #\* | Top Glove Corp. Bhd. | 302500 | 45440 |
| \* | Tropicana Corp. Bhd. | 13 | 4 |
| # | TSH Resources Bhd. | 116400 | 37752 |
|  | UEM Sunrise Bhd. | 241800 | 36896 |
|  | Unisem M Bhd. | 62700 | 52747 |
|  | United Malacca Bhd. | 28200 | 39301 |
|  | United Plantations <br> Bhd.<br>| 8550 | 50559 |
|  | UOA Development <br> Bhd.<br>| 33400 | 14735 |
|  | Velesto Energy Bhd. | 874600 | 52266 |
| # | VS Industry Bhd. | 398059 | 46923 |
| #\* | WCT Holdings Bhd. | 129750 | 23205 |
|  | Yinson Holdings Bhd. | 149441 | 84558 |
| TOTAL MALAYSIA | TOTAL MALAYSIA |  | 4935755 |
| MEXICO — (2.3%) | MEXICO — (2.3%) | MEXICO — (2.3%) | MEXICO — (2.3%) |
| \* | Axtel SAB de CV | 75248 | 11665 |
| Ω | Banco del Bajio SA | 108947 | 278019 |
|  | Becle SAB de CV | 19488 | 23937 |
|  | Cemex SAB de CV <br> (CEMEXCPO MM)<br>| 549733 | 557471 |
|  | Cemex SAB de CV <br> (CX US), Sponsored <br> ADR<br>| 156566 | 1589145 |
| \* | Cia Minera Autlan SAB <br> de CV<br>| 18124 | 7512 |

---

678

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
| \* | Controladora Vuela Cia <br> de Aviacion SAB de <br> CV (VOLARA MM), <br> Class A<br>| 78725 | $52459 |
|  | Corp. Actinver SAB de <br> CV<br>| 41815 | 46815 |
| # | Corporativo Fragua <br> SAB de CV<br>| 7267 | 211218 |
|  | Cydsa SAB de CV | 45021 | 42286 |
|  | El Puerto de Liverpool <br> SAB de CV, <br> Class C1<br>| 30621 | 149195 |
|  | GCC SAB de CV | 20343 | 195256 |
|  | Genomma Lab <br> Internacional SAB <br> de CV, Class B<br>| 98024 | 95710 |
|  | Gentera SAB de CV | 175217 | 415632 |
|  | Gruma SAB de CV, <br> Class B<br>| 1524 | 25811 |
| # | Grupo Comercial <br> Chedraui SA de CV<br>| 50454 | 366459 |
|  | Grupo Herdez SAB de <br> CV<br>| 11507 | 43356 |
| \* | Grupo Hotelero Santa <br> Fe SAB de CV<br>| 50240 | 10141 |
|  | Grupo Industrial Saltillo <br> SAB de CV<br>| 47197 | 35210 |
| \* | Grupo Nutrisa SAB de <br> CV<br>| 11507 | 3159 |
| # | Grupo Televisa SAB <br> (TLEVICPO MM)<br>| 264672 | 138188 |
| #\*Ω | Grupo Traxion SAB de <br> CV<br>| 39637 | 29186 |
| \* | Industrias CH SAB de <br> CV<br>| 11679 | 106867 |
| \* | Industrias Penoles <br> SAB de CV<br>| 21809 | 921370 |
|  | KUO SAB de CV | 21555 | 59519 |
|  | La Comer SAB de CV | 34988 | 75782 |
|  | Medica Sur SAB de <br> CV<br>| 20670 | 60329 |
|  | Megacable Holdings <br> SAB de CV<br>| 98904 | 283054 |
| \*Ω | Nemak SAB de CV | 287386 | 59864 |
| \* | Ollamani SAB | 16167 | 53735 |
| # | Operadora De Sites <br> Mexicanos SAB de <br> CV, Class A-1<br>| 50230 | 45151 |
|  | Organizacion Cultiba <br> SAB de CV<br>| 46456 | 26255 |
| \* | Organizacion Soriana <br> SAB de CV, Class B<br>| 37912 | 54077 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
|  | Promotora y <br> Operadora de <br> Infraestructura SAB <br> de CV (PINFRA <br> MM)<br>| 22314 | $288268 |
|  | Promotora y <br> Operadora de <br> Infraestructura SAB <br> de CV (PINFRAL <br> MM), Class L<br>| 2980 | 28870 |
| # | Qualitas Controladora <br> SAB de CV<br>| 12657 | 114835 |
|  | Regional SAB de CV | 29098 | 215574 |
| \* | Vista Energy SAB de <br> CV (VIST US), ADR<br>| 9340 | 452523 |
| TOTAL MEXICO | TOTAL MEXICO |  | 7173903 |
| PHILIPPINES — (0.4%) | PHILIPPINES — (0.4%) | PHILIPPINES — (0.4%) | PHILIPPINES — (0.4%) |
|  | Alliance Global Group, <br> Inc.<br>| 409300 | 50734 |
|  | Asia United Bank <br> Corp.<br>| 24330 | 15323 |
|  | Bloomberry Resorts <br> Corp.<br>| 371000 | 20156 |
|  | China Banking Corp. | 123600 | 107347 |
|  | Converge Information <br> & Communications <br> Technology <br> Solutions, Inc.<br>| 148700 | 32194 |
|  | Cosco Capital, Inc. | 281900 | 33104 |
|  | DMCI Holdings, Inc. | 395300 | 75792 |
|  | DoubleDragon Corp. | 73400 | 12353 |
|  | First Philippine <br> Holdings Corp.<br>| 31550 | 38332 |
|  | Globe Telecom, Inc. | 1245 | 31216 |
|  | GT Capital Holdings, <br> Inc.<br>| 3299 | 30600 |
|  | JG Summit Holdings, <br> Inc.<br>| 167300 | 68043 |
|  | LT Group, Inc. | 268800 | 66807 |
|  | Megaworld Corp. | 1618000 | 54736 |
|  | Metropolitan Bank & <br> Trust Co.<br>| 77750 | 91134 |
|  | Nickel Asia Corp. | 497000 | 30980 |
|  | Philcomsat Holdings <br> Corp.<br>| 9064 | 16475 |
|  | Philex Mining Corp. | 326000 | 44800 |
|  | Philippine National <br> Bank<br>| 50900 | 44617 |
|  | Puregold Price Club, <br> Inc.<br>| 121000 | 78229 |
|  | RFM Corp. | 109000 | 8040 |

---

679

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |
|  | Rizal Commercial <br> Banking Corp.<br>| 113800 | $49140 |
|  | Robinsons Retail <br> Holdings, Inc.<br>| 34900 | 20635 |
|  | San Miguel Corp. | 36530 | 40368 |
|  | Security Bank Corp. | 44520 | 52626 |
|  | Union Bank of the <br> Philippines<br>| 72102 | 35303 |
|  | Universal Robina <br> Corp.<br>| 54410 | 67437 |
|  | Wilcon Depot, Inc. | 76800 | 10051 |
| TOTAL PHILIPPINES | TOTAL PHILIPPINES |  | 1226572 |
| POLAND — (1.5%) | POLAND — (1.5%) | POLAND — (1.5%) | POLAND — (1.5%) |
|  | AB SA | 2333 | 61404 |
|  | Agora SA | 8438 | 20954 |
|  | Alior Bank SA | 18231 | 508009 |
|  | Apator SA | 2181 | 13881 |
|  | ASBISc Enterprises <br> PLC<br>| 7050 | 56870 |
|  | Asseco Poland SA | 9413 | 547523 |
|  | Auto Partner SA | 10696 | 52208 |
|  | Bank Handlowy w <br> Warszawie SA<br>| 6390 | 180119 |
| \* | Bank Millennium SA | 62100 | 259936 |
| \* | Bank Ochrony <br> Srodowiska SA<br>| 9478 | 30889 |
|  | BNPP Bank Polska <br> SA<br>| 2464 | 75484 |
|  | Boryszew SA | 19241 | 31241 |
| \* | Cognor Holding SA | 35478 | 63430 |
|  | Develia SA | 71240 | 157491 |
| \* | Echo Investment SA | 23480 | 34959 |
| \* | Enea SA | 51632 | 289635 |
| \* | Grupa Azoty SA | 2771 | 14042 |
| # | Inter Cars SA | 1305 | 195006 |
| \* | Jastrzebska Spolka <br> Weglowa SA<br>| 12092 | 84718 |
| # | KRUK SA | 2756 | 338788 |
| \* | Lubawa SA | 10808 | 29000 |
| \* | Lubelski Wegiel <br> Bogdanka SA<br>| 3931 | 22878 |
| \* | mBank SA | 956 | 254572 |
|  | Mirbud SA | 7385 | 27172 |
|  | Newag SA | 1563 | 38455 |
| \* | PGE Polska Grupa <br> Energetyczna SA<br>| 148231 | 449477 |
| \* | PKP Cargo SA | 7482 | 32518 |
|  | Stalexport Autostrady <br> SA<br>| 16406 | 12784 |
| \* | Tauron Polska Energia <br> SA<br>| 202440 | 548032 |
|  | Torpol SA | 1241 | 17900 |
| \* | VRG SA | 42918 | 51611 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) |
|  | Warsaw Stock <br> Exchange<br>| 2575 | $42594 |
| TOTAL POLAND | TOTAL POLAND |  | 4543580 |
| QATAR — (0.6%) | QATAR — (0.6%) | QATAR — (0.6%) | QATAR — (0.6%) |
|  | Aamal Co. | 288708 | 62675 |
|  | Al Khaleej Takaful <br> Group QSC<br>| 22072 | 14419 |
| \* | Baladna | 100331 | 42070 |
|  | Barwa Real Estate <br> Co.<br>| 345020 | 249163 |
|  | Commercial Bank <br> PSQC <br>| 207951 | 236657 |
|  | Doha Bank QPSC | 477581 | 329588 |
|  | Doha Insurance Co. <br> QSC<br>| 40320 | 27920 |
|  | Gulf International <br> Services QSC<br>| 73664 | 62450 |
|  | Gulf Warehousing Co. | 69588 | 48901 |
| \* | Mazaya Real Estate <br> Development QPSC<br>| 177975 | 29986 |
|  | Qatar Industrial <br> Manufacturing Co. <br> QSC<br>| 41774 | 27702 |
|  | Qatar Insurance Co. <br> SAQ<br>| 13462 | 7578 |
|  | Qatar National Cement <br> Co. QSC<br>| 76424 | 63891 |
|  | Qatar Navigation QSC | 159233 | 486324 |
|  | Salam International <br> Investment Ltd. <br> QSC<br>| 139423 | 28938 |
|  | United Development <br> Co. QSC<br>| 316170 | 81883 |
| TOTAL QATAR | TOTAL QATAR |  | 1800145 |
| RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) |
| \*†† | Lenta International Co. <br> PJSC, GDR<br>| 4734 | 0 |
| \*†† | Magnitogorsk Iron & <br> Steel Works PJSC <br> (MMK LI), <br> Sponsored GDR<br>| 16505 | 0 |
| \*†† | RusHydro PJSC <br> (RSHYY US), ADR<br>| 93802 | 0 |
| \*†† | VTB Bank PJSC <br> (VTBR LI), GDR<br>| 138363 | 0 |
| SAUDI ARABIA — (2.5%) | SAUDI ARABIA — (2.5%) | SAUDI ARABIA — (2.5%) | SAUDI ARABIA — (2.5%) |
|  | Ades Holding Co. | 58570 | 264676 |
| \* | Advanced <br> Petrochemical Co.<br>| 9384 | 94638 |

---

680

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Al Babtain Power & <br> Telecommunication <br> Co.<br>| 10425 | $174486 |
|  | Al Hammadi Holding | 13583 | 126539 |
|  | Al Hassan Ghazi <br> Ibrahim Shaker Co.<br>| 6437 | 44871 |
|  | Al Jouf Agricultural <br> Development Co.<br>| 2562 | 31412 |
| \* | Al Khaleej Training & <br> Education Co.<br>| 2032 | 15850 |
|  | Al Yamamah Steel <br> Industries Co.<br>| 2366 | 23181 |
|  | Alaseel Co. | 33740 | 32097 |
|  | Al-Etihad Cooperative <br> Insurance Co.<br>| 3441 | 9920 |
|  | AlJazira Takaful <br> Ta'awuni Co.<br>| 5611 | 18502 |
| \* | Allianz Saudi Fransi <br> Cooperative <br> Insurance Co.<br>| 12649 | 46073 |
|  | Alujain Corp. | 2531 | 21559 |
|  | Arab National Bank | 38278 | 247564 |
|  | Arabian Cement Co. | 9734 | 57461 |
|  | Arabian Drilling Co. | 4818 | 113776 |
|  | Arabian Pipes Co. | 17892 | 27200 |
|  | Arriyadh Development <br> Co.<br>| 17211 | 135187 |
| \* | Bank Al-Jazira | 113053 | 380204 |
|  | Banque Saudi Fransi | 65854 | 313402 |
|  | Bawan Co. | 4876 | 73509 |
| \* | Chubb Arabia <br> Cooperative <br> Insurance Co.<br>| 237 | 2034 |
|  | City Cement Co. | 12129 | 47129 |
|  | Dallah Healthcare Co. | 541 | 22217 |
| \* | Dar Al Arkan Real <br> Estate Development <br> Co.<br>| 107466 | 494926 |
|  | Eastern Province <br> Cement Co.<br>| 8366 | 57734 |
| \* | Emaar Economic City | 3627 | 12315 |
|  | Etihad Etisalat Co. | 63978 | 1154257 |
|  | First Milling Co. | 982 | 14060 |
| \* | Fitaihi Holding Group | 32900 | 28501 |
|  | Gulf Insurance Group | 4659 | 31407 |
| \* | Lumi Rental Co. | 1420 | 23686 |
| \* | Mediterranean & Gulf <br> Cooperative <br> Insurance & <br> Reinsurance Co.<br>| 16398 | 67035 |
|  | Middle East Healthcare <br> Co.<br>| 6562 | 89501 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Middle East <br> Specialized Cables <br> Co.<br>| 4602 | $35969 |
|  | Mobile <br> Telecommunications <br> Co. Saudi Arabia<br>| 113887 | 348536 |
| \* | Najran Cement Co. | 16879 | 33930 |
| \* | National Agriculture <br> Development Co. <br>| 12941 | 71962 |
|  | National Co. for Glass <br> Industries <br>| 3510 | 38183 |
| \* | National <br> Industrialization Co.<br>| 34608 | 106763 |
|  | Nayifat Finance Co. | 13593 | 48147 |
|  | Qassim Cement Co. | 8392 | 94317 |
| \* | Rabigh Refining & <br> Petrochemical Co.<br>| 17641 | 42237 |
|  | Riyadh Cement Co. | 7786 | 54606 |
|  | Sahara International <br> Petrochemical Co.<br>| 34971 | 176251 |
|  | Saudi Automotive <br> Services Co.<br>| 1423 | 27208 |
|  | Saudi Cement Co. | 10862 | 110849 |
|  | Saudi Ceramic Co. | 11868 | 96796 |
|  | Saudi Chemical Co. <br> Holding<br>| 105700 | 207918 |
|  | Saudi Investment Bank <br>| 144105 | 528193 |
| \* | Saudi Marketing Co. | 2001 | 8846 |
| \* | Saudi Pharmaceutical <br> Industries & Medical <br> Appliances Corp.<br>| 9251 | 74724 |
| \* | Saudi Public Transport <br> Co.<br>| 10417 | 35224 |
| \* | Saudi Reinsurance <br> Co.<br>| 19032 | 157695 |
| \* | Savola Group  | 16061 | 105399 |
| \* | Seera Group Holding | 33818 | 279856 |
| \* | SHL Finance Co. | 7118 | 41296 |
| \* | Sinad Holding Co. | 15831 | 44200 |
|  | Southern Province <br> Cement Co.<br>| 5913 | 39437 |
|  | Sumou Real Estate <br> Co.<br>| 4438 | 45912 |
|  | Sustained <br> Infrastructure <br> Holding Co.<br>| 7743 | 75461 |
|  | Tabuk Cement Co. | 8849 | 24089 |
|  | Tanmiah Food Co. | 1093 | 22910 |
|  | Theeb Rent A Car Co. | 2604 | 45518 |
| \* | Umm Al-Qura Cement <br> Co.<br>| 2850 | 10471 |
|  | United International <br> Transportation Co.<br>| 6599 | 130233 |

---

681

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Yamama Cement Co. | 20244 | $148300 |
|  | Yanbu Cement Co. | 8091 | 34934 |
|  | Yanbu National <br> Petrochemical Co.<br>| 14589 | 134146 |
| TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA |  | 7777425 |
| SOUTH AFRICA — (3.1%) | SOUTH AFRICA — (3.1%) | SOUTH AFRICA — (3.1%) | SOUTH AFRICA — (3.1%) |
|  | Adcock Ingram <br> Holdings Ltd.<br>| 5274 | 22773 |
|  | AECI Ltd. | 20061 | 103445 |
|  | African Rainbow <br> Minerals Ltd.<br>| 21069 | 209236 |
|  | Afrimat Ltd. | 4564 | 11969 |
|  | Altron Ltd., Class A | 27408 | 29066 |
|  | Astral Foods Ltd. | 4382 | 56557 |
|  | Barloworld Ltd. | 29629 | 204251 |
|  | Bidvest Group Ltd. | 6457 | 83995 |
| \* | Blu Label Unlimited <br> Group Ltd.<br>| 90389 | 64508 |
|  | Caxton & CTP <br> Publishers & Printers <br> Ltd.<br>| 18917 | 14470 |
|  | Curro Holdings Ltd. | 43449 | 33154 |
|  | DataTec Ltd. | 54265 | 225064 |
|  | Discovery Ltd. | 10948 | 137548 |
|  | Exxaro Resources Ltd. | 24783 | 252403 |
|  | Foschini Group Ltd. | 27704 | 147060 |
|  | Grindrod Ltd. | 120704 | 117961 |
|  | Harmony Gold Mining <br> Co. Ltd. (HAR SJ)<br>| 1980 | 32944 |
|  | Harmony Gold Mining <br> Co. Ltd. (HMY US), <br> Sponsored ADR<br>| 45957 | 758750 |
|  | Impala Platinum <br> Holdings Ltd.<br>| 131153 | 1405568 |
|  | Investec Ltd. | 24846 | 187054 |
|  | Invicta Holdings Ltd. | 10262 | 22662 |
| \* | KAP Ltd. | 538761 | 51140 |
|  | Kumba Iron Ore Ltd. | 2991 | 59569 |
|  | Lewis Group Ltd. | 10591 | 51072 |
|  | Momentum Group Ltd. | 193060 | 371697 |
|  | Motus Holdings Ltd. | 26855 | 161819 |
|  | Mpact Ltd. | 21681 | 29266 |
|  | Nedbank Group Ltd. | 16004 | 218179 |
|  | Netcare Ltd. | 114170 | 96284 |
|  | Northam Platinum <br> Holdings Ltd.<br>| 55523 | 927271 |
|  | Oceana Group Ltd. | 11220 | 31672 |
|  | Old Mutual Ltd. (OMU <br> SJ)<br>| 750515 | 586868 |
|  | Omnia Holdings Ltd. | 28775 | 126522 |
| Ω | Pepkor Holdings Ltd. | 337569 | 514698 |
| \* | Pick n Pay Stores Ltd. | 21936 | 35808 |
|  | PPC Ltd. | 214288 | 67977 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |
|  | Raubex Group Ltd. | 23054 | $55099 |
|  | RCL Foods Ltd. | 30615 | 17227 |
|  | Reunert Ltd. | 30131 | 97112 |
|  | Sappi Ltd. | 47558 | 62313 |
| \* | Sasol Ltd. (SOL SJ) | 48884 | 305846 |
| \* | Sibanye Stillwater Ltd. <br> (SSW SJ)<br>| 386147 | 1024718 |
|  | Southern Sun Ltd. | 134884 | 71615 |
| \* | SPAR Group Ltd.  | 4910 | 30881 |
|  | Super Group Ltd. | 64358 | 59608 |
|  | Telkom SA SOC Ltd. | 47881 | 133930 |
|  | Tsogo Sun Ltd. | 75726 | 30913 |
|  | We Buy Cars Holdings <br> Ltd.<br>| 21753 | 57686 |
|  | Wilson Bayly <br> Holmes-Ovcon Ltd.<br>| 5583 | 48747 |
|  | Zeda Ltd. | 33706 | 23896 |
| TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA |  | 9469871 |
| SOUTH KOREA — (11.3%) | SOUTH KOREA — (11.3%) | SOUTH KOREA — (11.3%) | SOUTH KOREA — (11.3%) |
|  | Aekyung Industrial Co. <br> Ltd.<br>| 2040 | 20032 |
| \* | Agabang & Co. | 4166 | 13327 |
| \* | Air Busan Co. Ltd. | 8204 | 10533 |
|  | Ajin Industrial Co. Ltd. | 5158 | 11897 |
| \* | ALUKO Co. Ltd. | 5728 | 8246 |
|  | Amorepacific Corp. | 4282 | 362675 |
|  | Amorepacific Holdings <br> Corp.<br>| 3066 | 54568 |
|  | Aplus Asset Advisor <br> Co. Ltd.<br>| 2310 | 10092 |
|  | Asia Cement Co. Ltd. | 2690 | 23018 |
|  | ASIA Holdings Co. <br> Ltd.<br>| 147 | 36718 |
|  | Asia Paper <br> Manufacturing Co. <br> Ltd.<br>| 7167 | 37090 |
|  | Avaco Co. Ltd. | 2775 | 30467 |
|  | Baiksan Co. Ltd. | 1472 | 13917 |
|  | BGF retail Co. Ltd. | 1136 | 82542 |
|  | BH Co. Ltd. | 1851 | 23780 |
|  | Binggrae Co. Ltd. | 1100 | 55742 |
|  | BioNote, Inc. | 8441 | 32606 |
| \* | BNC Korea Co. Ltd. | 9119 | 32407 |
|  | BNK Financial Group, <br> Inc.<br>| 48609 | 470571 |
|  | Boditech Med, Inc. | 1008 | 9592 |
|  | Boryung | 4916 | 30441 |
| \* | Bosung Power <br> Technology Co. Ltd.<br>| 5164 | 19297 |
|  | Byucksan Corp. | 6129 | 7502 |
|  | Cape Industries Ltd. | 2159 | 21325 |
|  | Cheil Electric Co. Ltd. | 3080 | 23977 |
|  | Cheil Worldwide, Inc. | 11612 | 165711 |

---

682

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Chemtronics Co. Ltd. | 1321 | $32249 |
|  | Chong Kun Dang <br> Pharmaceutical <br> Corp.<br>| 885 | 51374 |
| \* | CJ CGV Co. Ltd. | 12126 | 42474 |
|  | CJ CheilJedang Corp. | 1240 | 199419 |
|  | CJ Corp. | 2470 | 295483 |
| \* | CJ ENM Co. Ltd. | 2559 | 125820 |
|  | CJ Freshway Corp. | 1674 | 29345 |
|  | CJ Logistics Corp. | 614 | 35452 |
|  | Coocon Corp. | 930 | 22915 |
|  | Coway Co. Ltd. | 8924 | 558016 |
| \* | Creative & Innovative <br> System<br>| 2204 | 11681 |
|  | CS Wind Corp. | 4524 | 138157 |
| \* | Cube Entertainment, <br> Inc.<br>| 2103 | 21516 |
|  | Cuckoo Holdings Co. <br> Ltd.<br>| 1775 | 35767 |
|  | Cuckoo Homesys Co. <br> Ltd.<br>| 1913 | 30860 |
|  | Daebongls Co. Ltd. | 2322 | 19820 |
|  | Daedong Corp. | 3607 | 24630 |
|  | Daeduck Co. Ltd. | 4415 | 28229 |
|  | Daeduck Electronics <br> Co. Ltd.<br>| 4888 | 129534 |
|  | Daehan Flour Mill Co. <br> Ltd.<br>| 223 | 21672 |
|  | Daehan Steel Co. Ltd. | 2741 | 28357 |
| \* | Daeho AL Co. Ltd. | 15005 | 19682 |
| \* | Dae-Il Corp. | 2910 | 10066 |
|  | Daesang Corp. | 3678 | 53736 |
|  | Daesang Holdings Co. <br> Ltd.<br>| 4994 | 32364 |
|  | Daewon <br> Pharmaceutical Co. <br> Ltd.<br>| 3317 | 30285 |
|  | Daewon San Up Co. <br> Ltd.<br>| 1355 | 10756 |
| \* | Daewoo Engineering & <br> Construction Co. <br> Ltd.<br>| 18956 | 49722 |
|  | Daewoong Co. Ltd. | 4595 | 69722 |
|  | Daihan Pharmaceutical <br> Co. Ltd.<br>| 686 | 13981 |
|  | Daishin Securities Co. <br> Ltd.<br>| 5660 | 115368 |
| \* | Danal Co. Ltd. | 6530 | 36852 |
|  | Daou Data Corp. | 2532 | 31166 |
|  | Daou Technology, Inc. | 4209 | 114992 |
| \* | Dawonsys Co. Ltd. | 4518 | 11988 |
|  | DB HiTek Co. Ltd. | 5291 | 217358 |
| # | DB Insurance Co. Ltd. | 8646 | 768489 |
|  | DB Securities Co. Ltd. | 6337 | 44922 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | DB, Inc. | 17623 | $17985 |
| \* | DE&T Co. Ltd. | 2477 | 10941 |
|  | Dentium Co. Ltd. | 1120 | 44715 |
|  | Deutsch Motors, Inc. | 4732 | 14820 |
|  | DI Dong Il Corp. | 3232 | 40970 |
|  | DIT Corp. | 2084 | 22238 |
| \* | DK Tech Co. Ltd. | 4101 | 21839 |
|  | DL E&C Co. Ltd. | 5351 | 160071 |
|  | DL Holdings Co. Ltd. | 1447 | 39464 |
| †† | DMS Co. Ltd. | 4659 | 7763 |
|  | DN Automotive Corp. | 3860 | 62963 |
|  | Dong-A Socio Holdings <br> Co. Ltd.<br>| 582 | 44302 |
|  | Dong-Ah Geological <br> Engineering Co. <br> Ltd.<br>| 1150 | 11614 |
|  | Dongjin Semichem Co. <br> Ltd.<br>| 5638 | 168480 |
|  | Dongkoo Bio & <br> Pharma Co. Ltd.<br>| 2986 | 11245 |
|  | DongKook <br> Pharmaceutical Co. <br> Ltd.<br>| 4132 | 51219 |
|  | Dongkuk Holdings Co. <br> Ltd.<br>| 2133 | 10932 |
|  | Dongkuk Steel Mill Co. <br> Ltd.<br>| 6644 | 39634 |
|  | Dongsuh Cos., Inc. | 4124 | 78056 |
|  | Dongwon Industries <br> Co. Ltd.<br>| 2121 | 72016 |
|  | Dongyang E&P, Inc. | 702 | 10538 |
|  | Doosan Bobcat, Inc. | 10082 | 425593 |
|  | Doosan Co. Ltd. | 518 | 342276 |
|  | DoubleUGames Co. <br> Ltd.<br>| 1873 | 65903 |
| \* | Dream Security Co. <br> Ltd.<br>| 401 | 937 |
|  | Dreamtech Co. Ltd. | 5850 | 26210 |
| \* | DS Dansuk Co. Ltd. | 1735 | 24553 |
| \* | Duksan Hi-Metal Co. <br> Ltd.<br>| 3663 | 16959 |
|  | Easy Holdings Co. <br> Ltd.<br>| 10216 | 27067 |
|  | Echo Marketing, Inc. | 2306 | 18721 |
|  | Ecoplastic Corp. | 8005 | 18131 |
|  | Ecopro Co. Ltd. | 535 | 32946 |
|  | E-MART, Inc. | 2305 | 116757 |
|  | ENF Technology Co. <br> Ltd.<br>| 2313 | 80206 |
|  | Eugene Investment & <br> Securities Co. Ltd.<br>| 15368 | 40143 |
| \* | EV Advanced Material <br> Co. Ltd.<br>| 9147 | 11209 |
|  | F&F Co. Ltd. | 1589 | 68314 |

---

683

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | F&F Holdings Co. Ltd. | 741 | $9161 |
| \* | Foosung Co. Ltd. | 7692 | 47893 |
|  | Fursys, Inc. | 403 | 12865 |
|  | Gabia, Inc. | 2000 | 37986 |
| \* | GAEASOFT | 1361 | 6682 |
| \* | Genexine, Inc. | 4101 | 14903 |
|  | Geumhwa PSC Co. <br> Ltd.<br>| 840 | 18732 |
|  | Global Standard <br> Technology Co. Ltd.<br>| 2066 | 37207 |
| \* | GnBS eco Co. Ltd. | 4071 | 8273 |
|  | GOLFZON Co. Ltd. | 714 | 29729 |
|  | Green Cross Corp. | 810 | 73608 |
|  | Green Cross Holdings <br> Corp.<br>| 3991 | 44104 |
|  | GS Engineering & <br> Construction Corp.<br>| 4372 | 57259 |
|  | GS Global Corp. | 11688 | 20117 |
|  | GS Holdings Corp. <br> (078930 KS)<br>| 7154 | 240457 |
| \* | GS P&L Co. Ltd. | 1565 | 42065 |
|  | GS Retail Co. Ltd. | 7443 | 92507 |
|  | Gwangju Shinsegae <br> Co. Ltd.<br>| 850 | 17981 |
|  | Han Kuk Carbon Co. <br> Ltd.<br>| 6875 | 176524 |
|  | Hancom, Inc. | 3287 | 57114 |
|  | Handok, Inc. | 1566 | 12522 |
|  | Handsome Co. Ltd. | 1044 | 10745 |
|  | Hanil Cement Co. Ltd. | 4661 | 57719 |
|  | Hanil Holdings Co. <br> Ltd.<br>| 1453 | 16500 |
|  | Hanjin Logistics Corp. | 2072 | 29066 |
|  | Hankook Tire & <br> Technology Co. Ltd.<br>| 14217 | 461591 |
|  | HanmiGlobal Co. Ltd. | 1600 | 22846 |
|  | Hannong Chemicals, <br> Inc.<br>| 1268 | 14003 |
| \* | Hanon Systems | 29694 | 90723 |
|  | Hansae Co. Ltd. | 1645 | 12185 |
|  | Hansol Chemical Co. <br> Ltd.<br>| 1447 | 235146 |
|  | Hansol Paper Co. Ltd. | 2806 | 16002 |
|  | Hansol Technics Co. <br> Ltd.<br>| 5142 | 23456 |
|  | Hanwha Corp. | 5714 | 382176 |
| \* | Hanwha Galleria Corp. | 29172 | 21908 |
| \* | Hanwha General <br> Insurance Co. Ltd.<br>| 14136 | 53679 |
| \* | Hanwha Investment & <br> Securities Co. Ltd.<br>| 24210 | 90594 |
| \* | Hanwha Life Insurance <br> Co. Ltd.<br>| 57592 | 122288 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Hanwha Solutions <br> Corp.<br>| 3145 | $67245 |
|  | Hanwha Systems Co. <br> Ltd.<br>| 7549 | 316921 |
|  | Hanyang Eng Co. Ltd. | 2207 | 31185 |
|  | Hanyang Securities <br> Co. Ltd.<br>| 2006 | 26720 |
| \* | Harim Co. Ltd. | 12261 | 24775 |
|  | Harim Holdings Co. <br> Ltd.<br>| 11433 | 59256 |
|  | HB SOLUTION Co. <br> Ltd.<br>| 17433 | 31084 |
|  | HD Hyundai Co. Ltd. | 9001 | 1292841 |
|  | HD Hyundai <br> Construction <br> Equipment Co. Ltd.<br>| 2576 | 180443 |
|  | HD Hyundai Infracore <br> Co. Ltd.<br>| 23613 | 251924 |
|  | HD Hyundai Mipo | 776 | 131448 |
|  | HD Korea Shipbuilding <br> & Offshore <br> Engineering Co. <br> Ltd.<br>| 582 | 193445 |
|  | HDC Holdings Co. <br> Ltd.<br>| 6580 | 84913 |
|  | HDC Hyundai <br> Development <br> Co-Engineering & <br> Construction<br>| 7525 | 101646 |
|  | Hecto Financial Co. <br> Ltd.<br>| 1609 | 18351 |
|  | Hecto Innovation Co. <br> Ltd.<br>| 1657 | 18796 |
|  | High Tech Pharm Co. <br> Ltd.<br>| 1876 | 16533 |
|  | Hite Jinro Co. Ltd. | 4957 | 65453 |
|  | HK inno N Corp. | 2808 | 97253 |
|  | HL Mando Co. Ltd. | 5425 | 146270 |
| \* | Hotel Shilla Co. Ltd. | 1196 | 40783 |
|  | HS Hyosung Advanced <br> Materials Corp.<br>| 449 | 58258 |
|  | HS Industries Co. Ltd. | 3474 | 9714 |
|  | Huons Co. Ltd. | 1440 | 29515 |
|  | Huons Global Co. Ltd. | 1307 | 49958 |
|  | Hwa Shin Co. Ltd. | 3210 | 19787 |
|  | Hwaseung Enterprise <br> Co. Ltd.<br>| 8250 | 29466 |
|  | Hy-Lok Corp. | 1868 | 48695 |
|  | Hyosung Corp. | 870 | 77179 |
|  | Hyosung TNC Corp. | 703 | 102482 |
|  | Hyundai Bioland Co. <br> Ltd.<br>| 3006 | 9341 |
|  | HYUNDAI Corp. | 1819 | 27063 |

---

684

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Hyundai Department <br> Store Co. Ltd.<br>| 2633 | $149164 |
|  | Hyundai Elevator Co. <br> Ltd.<br>| 1707 | 90478 |
|  | Hyundai Engineering & <br> Construction Co. <br> Ltd.<br>| 11105 | 545618 |
|  | Hyundai Futurenet Co. <br> Ltd.<br>| 10757 | 23985 |
|  | Hyundai Glovis Co. <br> Ltd.<br>| 5008 | 661878 |
|  | Hyundai Green Food | 5344 | 56435 |
|  | Hyundai Home <br> Shopping Network <br> Corp.<br>| 852 | 31438 |
|  | Hyundai Livart <br> Furniture Co. Ltd.<br>| 1570 | 7277 |
| \* | Hyundai Marine & Fire <br> Insurance Co. Ltd.<br>| 11261 | 215470 |
|  | Hyundai Motor <br> Securities Co. Ltd.<br>| 4895 | 29936 |
|  | Hyundai Steel Co. | 4090 | 94491 |
|  | Hyundai Wia Corp. | 3549 | 145658 |
|  | HyVision System, Inc. | 3097 | 35114 |
|  | Ilyang Pharmaceutical <br> Co. Ltd.<br>| 1789 | 16386 |
|  | iM Financial Group Co. <br> Ltd.<br>| 25549 | 237048 |
|  | iMarketKorea, Inc. | 3411 | 18767 |
|  | InBody Co. Ltd. | 2353 | 47356 |
|  | Innocean Worldwide, <br> Inc.<br>| 3352 | 40319 |
|  | Innox Advanced <br> Materials Co. Ltd.<br>| 3147 | 54265 |
| \* | Interflex Co. Ltd. | 958 | 6202 |
|  | INTOPS Co. Ltd. | 2924 | 33133 |
|  | i-SENS, Inc. | 1571 | 19060 |
| \* | ITM Semiconductor <br> Co. Ltd.<br>| 1348 | 11325 |
| \* | Jahwa Electronics Co. <br> Ltd.<br>| 1899 | 28843 |
|  | JB Financial Group Co. <br> Ltd.<br>| 23757 | 374024 |
| \* | Jeju Air Co. Ltd. | 1076 | 4308 |
| \* | Jin Air Co. Ltd. | 6265 | 31671 |
|  | Jinsung T.E.C. | 2075 | 19001 |
|  | JS Corp. | 3817 | 28371 |
|  | JVM Co. Ltd. | 835 | 16348 |
|  | JW Life Science Corp. | 1349 | 12725 |
|  | JW Pharmaceutical <br> Corp.<br>| 858 | 14127 |
|  | K Ensol Co. Ltd. | 1713 | 13752 |
|  | Kangwon Land, Inc. | 13689 | 162066 |
|  | KC Co. Ltd. | 2037 | 37244 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | KC Tech Co. Ltd. | 1888 | $50560 |
|  | KCC Corp. | 847 | 260946 |
| \* | KEC Corp. | 20676 | 11253 |
|  | KEPCO Plant Service <br> & Engineering Co. <br> Ltd.<br>| 4024 | 142734 |
|  | KG Dongbusteel | 8803 | 33630 |
|  | KG Eco Solution Co. <br> Ltd.<br>| 5772 | 22936 |
|  | Kginicis Co. Ltd. | 3312 | 23834 |
|  | KH Vatec Co. Ltd. | 2324 | 20426 |
|  | KISCO Corp. | 2292 | 16108 |
|  | KISCO Holdings Co. <br> Ltd.<br>| 632 | 11350 |
|  | KIWOOM Securities <br> Co. Ltd.<br>| 2451 | 509105 |
| \* | KNJ Co. Ltd. | 1143 | 20869 |
|  | Kolmar Holdings Co. <br> Ltd.<br>| 3450 | 26729 |
|  | Kolon Corp. | 916 | 27960 |
|  | Kolon Industries, Inc. | 3779 | 94232 |
|  | KONA I Co. Ltd. | 952 | 31474 |
|  | Korea Alcohol <br> Industrial Co. Ltd.<br>| 1839 | 12055 |
| \* | Korea Circuit Co. Ltd. | 2410 | 34760 |
|  | Korea Electric Terminal <br> Co. Ltd.<br>| 1101 | 47744 |
|  | Korea Fuel-Tech Corp. | 5130 | 21543 |
| \* | Korea Information & <br> Communications Co. <br> Ltd.<br>| 2884 | 16442 |
|  | Korea Information <br> Certificate Authority, <br> Inc.<br>| 3607 | 15686 |
|  | Korea Investment <br> Holdings Co. Ltd.<br>| 6379 | 813296 |
| \* | Korea Line Corp. | 40485 | 53312 |
|  | Korea Movenex Co. <br> Ltd.<br>| 4358 | 12134 |
|  | Korea Petrochemical <br> Ind Co. Ltd.<br>| 710 | 65155 |
|  | Korea United Pharm, <br> Inc.<br>| 1827 | 24362 |
|  | Korean Air Lines Co. <br> Ltd.<br>| 28525 | 442658 |
|  | Korean Reinsurance <br> Co.<br>| 28809 | 214378 |
|  | KSS LINE Ltd. | 3271 | 21206 |
|  | Kumho Petrochemical <br> Co. Ltd.<br>| 2807 | 228166 |
| \* | Kumho Tire Co., Inc. | 19446 | 64341 |
|  | Kyeryong Construction <br> Industrial Co. Ltd.<br>| 1162 | 14022 |

---

685

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Kyung Dong Navien <br> Co. Ltd.<br>| 1037 | $51317 |
| \* | LB Semicon, Inc. | 4003 | 13932 |
|  | Lee Ku Industrial Co. <br> Ltd.<br>| 6393 | 22104 |
|  | LF Corp. | 3721 | 47673 |
| \* | LG Display Co. Ltd. <br> (034220 KS)<br>| 53485 | 546811 |
|  | LG H&H Co. Ltd. | 1494 | 297877 |
| \* | LG HelloVision Co. <br> Ltd.<br>| 9492 | 16240 |
|  | LG Innotek Co. Ltd. | 2374 | 400476 |
|  | LG Uplus Corp. | 40208 | 429807 |
| \* | LOT Vacuum Co. Ltd. | 3140 | 28677 |
|  | Lotte Chilsung <br> Beverage Co. Ltd.<br>| 706 | 57093 |
|  | Lotte Corp. | 2104 | 43090 |
| \* | Lotte Data <br> Communication Co.<br>| 1132 | 16457 |
|  | LOTTE Fine Chemical <br> Co. Ltd.<br>| 3279 | 104780 |
| \* | Lotte Non-Life <br> Insurance Co. Ltd.<br>| 18648 | 24813 |
|  | Lotte Rental Co. Ltd. | 3364 | 69116 |
|  | Lotte Shopping Co. <br> Ltd.<br>| 1229 | 56084 |
|  | Lotte Wellfood Co. <br> Ltd.<br>| 520 | 41574 |
|  | LS Corp. | 3430 | 499867 |
|  | LS Electric Co. Ltd. | 1307 | 396752 |
|  | LTC Co. Ltd. | 719 | 10608 |
| \* | LVMC Holdings | 17904 | 20815 |
|  | LX Hausys Ltd. | 516 | 10179 |
|  | LX Holdings Corp. | 7726 | 44193 |
| # | LX International Corp. | 5883 | 124298 |
|  | LX Semicon Co. Ltd. | 1277 | 51217 |
|  | Maeil Dairies Co. Ltd. | 347 | 8435 |
|  | Mcnex Co. Ltd. | 2125 | 46340 |
| \* | ME2ON Co. Ltd. | 6402 | 21691 |
| \* | Medipost Co. Ltd. | 4309 | 52243 |
|  | MegaStudy Co. Ltd. | 1207 | 9542 |
|  | MegaStudyEdu Co. <br> Ltd.<br>| 1081 | 31514 |
|  | Mgame Corp. | 3697 | 16826 |
| \* | Mirae Asset Life <br> Insurance Co. Ltd.<br>| 9166 | 56403 |
|  | Mirae Asset Securities <br> Co. Ltd.<br>| 39636 | 728754 |
|  | Mirae Asset Venture <br> Investment Co. Ltd.<br>| 5057 | 30184 |
|  | Misto Holdings Corp. | 4477 | 115478 |
|  | Miwon Commercial Co. <br> Ltd.<br>| 195 | 20694 |
|  | MK Electron Co. Ltd. | 4116 | 26618 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | MONAYONGPYONG | 4143 | $10098 |
| \* | Motrex Co. Ltd. | 3067 | 18679 |
|  | mPlus Corp. | 2653 | 32299 |
|  | Muhak Co. Ltd. | 2641 | 15934 |
|  | Myoung Shin Industrial <br> Co. Ltd.<br>| 6539 | 42755 |
|  | Namhae Chemical <br> Corp.<br>| 4529 | 20474 |
|  | Namuga Co. Ltd. | 988 | 11685 |
|  | Nature Holdings Co. <br> Ltd.<br>| 2604 | 17436 |
|  | NeoPharm Co. Ltd. | 2118 | 25417 |
| \* | Neowiz | 1943 | 33346 |
| \* | Nepes Ark Corp. | 1427 | 19865 |
| Ω | Netmarble Corp. | 3633 | 137672 |
|  | New Power Plasma <br> Co. Ltd.<br>| 3767 | 16367 |
| \* | Newflex Technology <br> Co. Ltd.<br>| 3299 | 12120 |
|  | Nexen Corp. | 3941 | 14788 |
|  | Nexen Tire Corp. | 3768 | 16961 |
|  | Nexteel Co. Ltd. | 2819 | 23369 |
|  | NH Investment & <br> Securities Co. Ltd.<br>| 23512 | 335190 |
|  | NHN Corp. | 4030 | 81765 |
| # | NHN KCP Corp. | 4060 | 45311 |
|  | NICE Holdings Co. <br> Ltd.<br>| 4202 | 40894 |
|  | Nong Shim Holdings <br> Co. Ltd.<br>| 465 | 30675 |
|  | NongShim Co. Ltd. | 597 | 182545 |
|  | NOVAREX Co. Ltd. | 3270 | 39109 |
|  | OCI Co. Ltd. | 865 | 35801 |
|  | OCI Holdings Co. Ltd. | 1707 | 136486 |
|  | Orion Corp. | 3170 | 220743 |
|  | Orion Holdings Corp. | 4507 | 60007 |
|  | Osang Healthcare Co. <br> Ltd.<br>| 501 | 4541 |
| \* | Osung Advanced <br> Materials Co. Ltd.<br>| 10029 | 11051 |
|  | Otoki Corp. | 246 | 67034 |
|  | Pan Ocean Co. Ltd. | 50340 | 135227 |
|  | Paradise Co. Ltd. | 8810 | 114150 |
|  | Partron Co. Ltd. | 8571 | 41571 |
|  | People & Technology, <br> Inc.<br>| 3118 | 94337 |
|  | PHA Co. Ltd. | 1337 | 10936 |
|  | PI Advanced Materials <br> Co. Ltd.<br>| 1764 | 22409 |
| \* | PKC Co. Ltd. | 4913 | 21561 |
|  | Poongsan Corp. | 3373 | 259413 |
|  | Poongsan Holdings <br> Corp.<br>| 1377 | 37328 |

---

686

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Posco International <br> Corp.<br>| 1731 | $66682 |
|  | POSCO Steeleon Co. <br> Ltd.<br>| 829 | 22393 |
|  | Protec Co. Ltd. | 1461 | 31976 |
|  | PSK, Inc. | 3165 | 83411 |
| \* | Refine Co. Ltd. | 1709 | 14809 |
|  | RFHIC Corp. | 2544 | 59483 |
|  | Rorze Systems Corp. | 2453 | 19149 |
|  | S-1 Corp. | 1819 | 95652 |
|  | Sajodaerim Corp. | 1147 | 30249 |
|  | Samji Electronics Co. <br> Ltd.<br>| 1764 | 15403 |
|  | Samjin Pharmaceutical <br> Co. Ltd.<br>| 1495 | 20704 |
|  | Sammok S-Form Co. <br> Ltd.<br>| 2023 | 28238 |
|  | SAMPYO Cement Co. <br> Ltd.<br>| 9240 | 19478 |
|  | Samsung Card Co. <br> Ltd. (029780 KS)<br>| 5410 | 187947 |
|  | Samsung <br> Electro-Mechanics <br> Co. Ltd.<br>| 7275 | 1247085 |
|  | Samsung Engineering <br> Co. Ltd.<br>| 25040 | 455234 |
|  | Samsung Securities <br> Co. Ltd.<br>| 12155 | 657850 |
|  | SAMT Co. Ltd. | 12775 | 33042 |
|  | Samyang Corp. | 930 | 32280 |
|  | Samyang Holdings <br> Corp.<br>| 506 | 37149 |
|  | Sang-A Frontec Co. <br> Ltd.<br>| 1293 | 16805 |
|  | Sangsin Energy <br> Display Precision <br> Co. Ltd.<br>| 2635 | 23520 |
|  | SD Biosensor, Inc. | 3911 | 26193 |
|  | SeAH Besteel Holdings <br> Corp.<br>| 3013 | 58007 |
|  | SeAH Steel Corp. | 231 | 20495 |
|  | SeAH Steel Holdings <br> Corp.<br>| 380 | 38204 |
|  | Sebang Global Battery <br> Co. Ltd.<br>| 1376 | 62833 |
|  | Seegene, Inc. | 6460 | 114578 |
|  | Segyung Hitech Co. <br> Ltd.<br>| 3979 | 15928 |
|  | Seobu T&D | 6459 | 41272 |
|  | Seohee Construction <br> Co. Ltd.<br>| 38458 | 43809 |
| \* | Seojin System Co. <br> Ltd.<br>| 1410 | 26746 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | Seoul Semiconductor <br> Co. Ltd.<br>| 3808 | $16729 |
|  | Seoyon Co. Ltd. | 4130 | 27336 |
|  | Seoyon E-Hwa Co. <br> Ltd.<br>| 2518 | 22933 |
| \* | Sewon E&C Co. Ltd. | 7730 | 656 |
|  | SFA Engineering <br> Corp.<br>| 721 | 12498 |
|  | SGC Energy Co. Ltd. | 1829 | 28977 |
|  | Shin Heung Energy & <br> Electronics Co. Ltd.<br>| 3486 | 13333 |
|  | Shinsegae Information <br> & Communication <br> Co. Ltd.<br>| 2090 | 22038 |
|  | Shinsegae <br> International, Inc.<br>| 3298 | 23768 |
|  | Shinsegae, Inc. | 677 | 82514 |
|  | Shinyoung Securities <br> Co. Ltd.<br>| 986 | 99928 |
|  | SIMMTECH Co. Ltd. | 1774 | 78030 |
|  | Sindoh Co. Ltd. | 830 | 24766 |
|  | SK Chemicals Co. Ltd. | 945 | 41874 |
|  | SK Discovery Co. Ltd. | 2070 | 86166 |
| \* | SK Eternix Co. Ltd. | 2859 | 41622 |
|  | SK Gas Ltd. | 546 | 99767 |
| \*Ω | SK IE Technology Co. <br> Ltd.<br>| 594 | 12761 |
|  | SK Networks Co. Ltd. | 24348 | 77505 |
| \* | SK oceanplant Co. <br> Ltd.<br>| 5032 | 74737 |
|  | SK Securities Co. Ltd. | 69495 | 34098 |
|  | SL Corp. | 3275 | 83212 |
|  | SNT Dynamics Co. <br> Ltd.<br>| 2911 | 109870 |
| \* | SNT Holdings Co. Ltd. | 951 | 42302 |
|  | SNT Motiv Co. Ltd. | 2958 | 70932 |
| \* | S-Oil Corp. | 720 | 36241 |
|  | Solid, Inc. | 14983 | 84356 |
|  | Songwon Industrial Co. <br> Ltd.<br>| 2470 | 16624 |
|  | Soosan Industries Co. <br> Ltd.<br>| 1110 | 16940 |
|  | Soulbrain Co. Ltd. | 555 | 109767 |
|  | Soulbrain Holdings Co. <br> Ltd.<br>| 1012 | 30361 |
|  | STIC Investments, Inc. | 4166 | 30400 |
|  | Straffic Co. Ltd. | 3886 | 9968 |
| \* | Studio Dragon Corp. | 2041 | 65156 |
|  | Sung Kwang Bend Co. <br> Ltd.<br>| 2934 | 64721 |
|  | Sungshin Cement Co. <br> Ltd.<br>| 4536 | 29850 |
|  | Sungwoo Hitech Co. <br> Ltd.<br>| 8732 | 41377 |

---

687

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | Suprema, Inc. | 1563 | $36995 |
| \* | Synergy Innovation Co. <br> Ltd.<br>| 6091 | 10405 |
|  | Systems Technology, <br> Inc.<br>| 1635 | 26162 |
| \* | Taewoong Co. Ltd. | 1838 | 39582 |
| \* | Taihan Cable & <br> Solution Co. Ltd.<br>| 12574 | 212516 |
|  | Telechips, Inc. | 1102 | 10764 |
|  | TES Co. Ltd. | 1168 | 36120 |
|  | TK Corp. | 3405 | 67409 |
|  | TKG Huchems Co. <br> Ltd.<br>| 3899 | 48881 |
|  | TLB Co. Ltd. | 1680 | 80432 |
| \* | Tongyang Life <br> Insurance Co. Ltd.<br>| 9098 | 43184 |
|  | Toptec Co. Ltd. | 3621 | 11839 |
|  | Tovis Co. Ltd. | 1651 | 17346 |
|  | TS Corp. | 6440 | 12660 |
|  | TSE Co. Ltd. | 768 | 27863 |
| \* | Tuksu Construction Co. <br> Ltd.<br>| 2788 | 11105 |
|  | TYM Corp. | 5445 | 22698 |
|  | Uju Electronics Co. <br> Ltd.<br>| 1103 | 29668 |
|  | Unid Co. Ltd. | 825 | 38849 |
|  | Union Semiconductor <br> Equipment & <br> Materials Co. Ltd.<br>| 4041 | 28284 |
|  | Unitrontech Co. Ltd. | 2709 | 11443 |
|  | Value Added <br> Technology Co. Ltd.<br>| 1095 | 16851 |
| \*†† | Vidente Co. Ltd. | 4562 | 1995 |
|  | Vieworks Co. Ltd. | 1576 | 20942 |
|  | Webcash Corp. | 1546 | 12088 |
|  | Webzen, Inc. | 2959 | 25040 |
| \* | Wonik Holdings Co. <br> Ltd.<br>| 11835 | 226433 |
|  | WONIK IPS Co. Ltd. | 3329 | 149310 |
|  | Wonik Materials Co. <br> Ltd.<br>| 1147 | 26029 |
|  | Wonik QnC Corp. | 1343 | 21973 |
|  | Woojin, Inc. | 3439 | 36587 |
| \* | Woori Technology <br> Investment Co. Ltd.<br>| 8023 | 50386 |
| \* | Woosu AMS Co. Ltd. | 4962 | 10101 |
|  | Worldex Industry & <br> Trading Co. Ltd.<br>| 1282 | 22580 |
| \* | YMT Co. Ltd. | 1500 | 13586 |
|  | Young Poong Corp. | 910 | 31280 |
| # | Youngone Corp. | 3883 | 157446 |
|  | Youngone Holdings <br> Co. Ltd.<br>| 1334 | 132965 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Yuanta Securities <br> Korea Co. Ltd.<br>| 17353 | $46988 |
|  | Yunsung F&C Co. Ltd. | 464 | 12334 |
|  | Zeus Co. Ltd. | 4043 | 43720 |
|  | Zinus, Inc. | 3322 | 32154 |
| TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 34889401 |
| TAIWAN — (17.1%) | TAIWAN — (17.1%) | TAIWAN — (17.1%) | TAIWAN — (17.1%) |
|  | Abico Avy Co. Ltd. | 35493 | 57379 |
|  | Ability Enterprise Co. <br> Ltd.<br>| 41431 | 114976 |
|  | AcBel Polytech, Inc. | 128989 | 181897 |
|  | Acer, Inc. | 479000 | 466702 |
|  | ACES Electronic Co. <br> Ltd.<br>| 28985 | 64552 |
| \* | Acon Holding, Inc. | 75000 | 20060 |
|  | Action Electronics Co. <br> Ltd.<br>| 24000 | 8793 |
|  | Actron Technology <br> Corp.<br>| 9000 | 40590 |
|  | ADATA Technology Co. <br> Ltd.<br>| 53621 | 344223 |
|  | Advanced International <br> Multitech Co. Ltd.<br>| 20000 | 38791 |
|  | Advanced Power <br> Electronics Corp.<br>| 10000 | 33108 |
|  | Advancetek Enterprise <br> Co. Ltd.<br>| 49000 | 55998 |
|  | Aerospace Industrial <br> Development Corp.<br>| 65000 | 111394 |
|  | AGV Products Corp. | 144000 | 48189 |
|  | Air Asia Co. Ltd. | 13000 | 21759 |
|  | Allied Supreme Corp. | 3000 | 24041 |
|  | Alltek Technology <br> Corp.<br>| 24040 | 24944 |
|  | Alpha Networks, Inc. | 43773 | 46006 |
|  | Altek Corp. | 63605 | 102085 |
|  | Amazing <br> Microelectronic <br> Corp.<br>| 16000 | 51845 |
|  | Ambassador Hotel  | 49000 | 68390 |
|  | AMPACS Corp. | 10000 | 9514 |
|  | Ampire Co. Ltd. | 12000 | 9832 |
|  | AmTRAN Technology <br> Co. Ltd.<br>| 121827 | 55507 |
|  | Anji Technology Co. <br> Ltd.<br>| 18000 | 21740 |
|  | Apacer Technology, <br> Inc.<br>| 35000 | 117320 |
|  | APAQ Technology Co. <br> Ltd.<br>| 2000 | 11958 |
|  | Apex Biotechnology <br> Corp.<br>| 13000 | 13889 |

---

688

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Apex Dynamics, Inc. | 2000 | $43324 |
|  | ARBOR Technology <br> Corp.<br>| 14000 | 18526 |
|  | Arcadyan Technology <br> Corp.<br>| 24000 | 156844 |
|  | Ardentec Corp. | 81000 | 245453 |
|  | Arizon RFID <br> Technology Cayman <br> Co. Ltd.<br>| 2000 | 9128 |
|  | Asia Cement Corp. | 418000 | 492674 |
| # | Asia Optical Co., Inc. | 30000 | 152161 |
|  | Asia Tech Image, Inc. | 18000 | 44520 |
|  | Aten International Co. <br> Ltd.<br>| 14000 | 27549 |
|  | Audix Corp. | 23000 | 48269 |
|  | AUO Corp. (2409 TT) | 218000 | 85727 |
|  | Avermedia <br> Technologies<br>| 14000 | 17841 |
|  | Axiomtek Co. Ltd. | 7695 | 20495 |
|  | Azurewave <br> Technologies, Inc.<br>| 9000 | 21297 |
|  | Bank of Kaohsiung Co. <br> Ltd.<br>| 177587 | 69846 |
|  | Basso Industry Corp. | 30000 | 31782 |
|  | BenQ Materials Corp. | 31000 | 20925 |
| \* | BES Engineering <br> Corp.<br>| 253000 | 125937 |
|  | Best Precision <br> Industrial Co. Ltd.<br>| 4000 | 14260 |
| \* | Bin Chuan Enterprise <br> Co. Ltd.<br>| 11000 | 23756 |
|  | Bizlink Holding, Inc. | 6059 | 272342 |
|  | Brave C&H Supply Co. <br> Ltd.<br>| 4000 | 9433 |
|  | Brightek Optoelectronic <br> Co. Ltd.<br>| 9000 | 12134 |
|  | Brighton-Best <br> International Taiwan, <br> Inc.<br>| 77000 | 83840 |
|  | Capital Futures Corp. | 19552 | 31424 |
|  | Capital Securities <br> Corp.<br>| 302000 | 239609 |
|  | Castles Technology <br> Co. Ltd.<br>| 8000 | 18453 |
|  | Caswell, Inc. | 4000 | 10908 |
|  | Catcher Technology <br> Co. Ltd.<br>| 19000 | 122517 |
|  | Cathay Real Estate <br> Development Co. <br> Ltd.<br>| 101000 | 74880 |
| \* | CCP Contact Probes <br> Co. Ltd.<br>| 11000 | 19327 |
|  | Celxpert Energy Corp. | 10747 | 14196 |
|  | Cenra, Inc. | 29000 | 32018 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Central Reinsurance <br> Co. Ltd.<br>| 58674 | $46788 |
| # | Chailease Holding Co. <br> Ltd.<br>| 243780 | 814852 |
|  | Chang Hwa <br> Commercial Bank <br> Ltd.<br>| 673274 | 433006 |
|  | Chang Wah <br> Electromaterials, <br> Inc.<br>| 51000 | 74889 |
|  | Channel Well <br> Technology Co. Ltd.<br>| 6000 | 15030 |
|  | CHC Healthcare <br> Group<br>| 27000 | 37807 |
|  | Chen Full International <br> Co. Ltd.<br>| 12000 | 15565 |
|  | Cheng Loong Corp. | 169000 | 93829 |
|  | Cheng Shin Rubber <br> Industry Co. Ltd.<br>| 290000 | 300637 |
| # | Cheng Uei Precision <br> Industry Co. Ltd.<br>| 74000 | 118310 |
|  | Chia Chang Co. Ltd. | 17000 | 22875 |
|  | Chia Hsin Cement <br> Corp.<br>| 79560 | 33455 |
|  | Chien Kuo <br> Construction Co. <br> Ltd.<br>| 23200 | 19607 |
| # | China Airlines Ltd. | 570000 | 369536 |
|  | China Bills Finance <br> Corp.<br>| 133000 | 71998 |
|  | China Metal Products | 64000 | 54589 |
|  | China Motor Corp. | 43200 | 81768 |
|  | China Steel Structure <br> Co. Ltd.<br>| 14000 | 18713 |
|  | China Wire & Cable <br> Co. Ltd.<br>| 15000 | 18587 |
|  | Chinese Maritime <br> Transport Ltd.<br>| 20000 | 37134 |
|  | Ching Feng Home <br> Fashions Co. Ltd.<br>| 27111 | 17412 |
|  | Chin-Poon Industrial <br> Co. Ltd.<br>| 79000 | 84018 |
|  | Chipbond Technology <br> Corp.<br>| 114000 | 220619 |
|  | ChipMOS <br> Technologies, Inc. <br> (8150 TT)<br>| 120000 | 126241 |
|  | Chlitina Holding Ltd. | 8000 | 25981 |
|  | Chong Hong <br> Construction Co. <br> Ltd.<br>| 32000 | 81848 |
|  | Chun YU Works & Co. <br> Ltd.<br>| 13650 | 6983 |

---

689

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Chun Yuan Steel <br> Industry Co. Ltd.<br>| 92000 | $57188 |
|  | Clevo Co. | 73000 | 93694 |
|  | CMC Magnetics Corp. | 145336 | 43012 |
| # | Compal Electronics, <br> Inc.<br>| 784000 | 837745 |
|  | Compeq Manufacturing <br> Co. Ltd.<br>| 168000 | 474809 |
|  | Complex Micro <br> Interconnection Co. <br> Ltd.<br>| 9000 | 11408 |
|  | Concord Securities Co. <br> Ltd.<br>| 103383 | 42769 |
|  | Continental Holdings <br> Corp.<br>| 77000 | 54164 |
|  | Contrel Technology Co. <br> Ltd.<br>| 61000 | 77921 |
|  | Coremax Corp. | 24731 | 51524 |
| # | Coretronic Corp. | 67000 | 189979 |
|  | Co-Tech Development <br> Corp.<br>| 12000 | 91115 |
|  | Creative Sensor, Inc. | 15000 | 25945 |
|  | Crowell Development <br> Corp.<br>| 33000 | 33132 |
|  | CTCI Corp. | 99118 | 98258 |
|  | CviLux Corp. | 10000 | 26597 |
|  | Cyberlink Corp. | 6000 | 18268 |
| \* | CyberTAN Technology, <br> Inc.<br>| 61000 | 52672 |
|  | DA CIN Construction <br> Co. Ltd.<br>| 48000 | 102311 |
|  | Dafeng TV Ltd. | 9000 | 14349 |
|  | Da-Li Development Co. <br> Ltd.<br>| 91447 | 146432 |
|  | Darfon Electronics <br> Corp.<br>| 37000 | 43228 |
|  | Darwin Precisions <br> Corp.<br>| 53100 | 19284 |
|  | De Licacy Industrial <br> Co. Ltd.<br>| 55060 | 19472 |
|  | Depo Auto Parts Ind <br> Co. Ltd.<br>| 21000 | 93030 |
|  | Dimerco Express <br> Corp.<br>| 20600 | 53855 |
|  | D-Link Corp. | 103040 | 55685 |
|  | Donpon Precision, Inc. | 9800 | 15144 |
|  | Dynamic Holding Co. <br> Ltd.<br>| 31000 | 90104 |
|  | Dynapack International <br> Technology Corp.<br>| 23000 | 228384 |
|  | Eastern Media <br> International Corp.<br>| 49465 | 33137 |
|  | Edimax Technology <br> Co. Ltd.<br>| 45000 | 28835 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | Edom Technology Co. <br> Ltd.<br>| 20900 | $25677 |
|  | E-Lead Electronic Co. <br> Ltd.<br>| 8000 | 11441 |
|  | Elite Advanced Laser <br> Corp.<br>| 23000 | 203029 |
|  | Elitegroup Computer <br> Systems Co. Ltd.<br>| 59000 | 38771 |
|  | Emerging Display <br> Technologies Corp.<br>| 48000 | 32159 |
|  | Ennoconn Corp. | 17000 | 161105 |
|  | EnTie Commercial <br> Bank Co. Ltd.<br>| 61000 | 26144 |
|  | Episil-Precision, Inc. | 11000 | 19990 |
|  | Eson Precision Ind Co. <br> Ltd.<br>| 20000 | 53553 |
| # | Eternal Materials Co. <br> Ltd.<br>| 158000 | 209311 |
|  | Eurocharm Holdings <br> Co. Ltd.<br>| 5000 | 20098 |
|  | Eva Airways Corp. | 396041 | 464899 |
| \* | Everest Textile Co. <br> Ltd.<br>| 92326 | 16987 |
|  | Evergreen International <br> Storage & Transport <br> Corp.<br>| 43500 | 80934 |
|  | EVERGREEN Steel <br> Corp.<br>| 33000 | 113941 |
|  | Everlight Chemical <br> Industrial Corp.<br>| 92000 | 55862 |
|  | Everlight Electronics <br> Co. Ltd.<br>| 70000 | 133116 |
|  | Excelsior Medical Co. <br> Ltd.<br>| 30278 | 83567 |
|  | Far Eastern <br> Department Stores <br> Ltd.<br>| 183000 | 128643 |
|  | Far Eastern <br> International Bank<br>| 509557 | 209326 |
|  | Far Eastern New <br> Century Corp.<br>| 550000 | 473297 |
|  | Farglory F T Z <br> Investment Holding <br> Co. Ltd.<br>| 27358 | 43081 |
|  | Farglory Land <br> Development Co. <br> Ltd.<br>| 48000 | 84097 |
| \* | Federal Corp. | 50000 | 32061 |
|  | Feedback Technology <br> Corp.<br>| 10800 | 37816 |
|  | Feng Hsin Steel Co. <br> Ltd.<br>| 75000 | 154272 |

---

690

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | First Insurance Co. <br> Ltd. <br>| 45000 | $38445 |
| \* | First Steamship Co. <br> Ltd.<br>| 184010 | 34451 |
|  | FIT Holding Co. Ltd. | 32000 | 38514 |
|  | Fitipower Integrated <br> Technology, Inc.<br>| 17050 | 84020 |
|  | Flytech Technology Co. <br> Ltd.<br>| 10000 | 34478 |
|  | Forest Water <br> Environment <br> Engineering Co. <br> Ltd.<br>| 17544 | 22951 |
|  | Formosa Advanced <br> Technologies Co. <br> Ltd.<br>| 29000 | 35684 |
| # | Formosa Chemicals & <br> Fibre Corp.<br>| 457000 | 432433 |
|  | Formosa Laboratories, <br> Inc.<br>| 22704 | 45678 |
|  | Formosa Optical <br> Technology Co. Ltd.<br>| 6000 | 19055 |
|  | Formosa Plastics <br> Corp.<br>| 216000 | 266921 |
|  | Formosa Sumco <br> Technology Corp.<br>| 5000 | 16152 |
|  | Formosa Taffeta Co. <br> Ltd.<br>| 93000 | 44983 |
|  | Formosan Rubber <br> Group, Inc.<br>| 62100 | 47932 |
|  | Formosan Union <br> Chemical Corp.<br>| 70400 | 38054 |
|  | Founding Construction <br> & Development Co. <br> Ltd.<br>| 45000 | 21792 |
|  | Foxconn Technology <br> Co. Ltd.<br>| 177000 | 409144 |
|  | Foxsemicon Integrated <br> Technology, Inc.<br>| 12000 | 143825 |
|  | Franbo Lines Corp. | 19997 | 14015 |
|  | Froch Enterprise Co. <br> Ltd.<br>| 41000 | 18508 |
| # | FSP Technology, Inc. | 24000 | 47167 |
|  | Fu Chun Shin <br> Machinery <br> Manufacture Co. <br> Ltd.<br>| 20000 | 12691 |
| # | Fu Hua Innovation Co. <br> Ltd.<br>| 84981 | 54086 |
|  | Fulgent Sun <br> International Holding <br> Co. Ltd.<br>| 28063 | 87336 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Fullerton Technology <br> Co. Ltd.<br>| 2000 | $1528 |
| \* | Fulltech Fiber Glass <br> Corp.<br>| 71436 | 167177 |
|  | G Shank Enterprise <br> Co. Ltd.<br>| 38122 | 118957 |
|  | Gamania Digital <br> Entertainment Co. <br> Ltd.<br>| 23000 | 44346 |
| \* | GCS Holdings, Inc. | 10000 | 58962 |
|  | GEM Services, Inc. | 11000 | 29113 |
|  | Gemtek Technology <br> Corp.<br>| 74000 | 62824 |
| \* | General Interface <br> Solution GIS Holding <br> Ltd.<br>| 21000 | 33632 |
|  | General Plastic <br> Industrial Co. Ltd.<br>| 14000 | 12771 |
|  | Genius Electronic <br> Optical Co. Ltd.<br>| 13000 | 176646 |
|  | GeoVision, Inc. | 15130 | 22693 |
|  | Giant Manufacturing <br> Co. Ltd.<br>| 44000 | 144964 |
| \* | Giantplus Technology <br> Co. Ltd.<br>| 52000 | 20072 |
| \* | Gigastorage Corp. | 23000 | 14142 |
|  | Global Brands <br> Manufacture Ltd.<br>| 65248 | 246768 |
|  | Global Lighting <br> Technologies, Inc.<br>| 17000 | 23047 |
|  | Global PMX Co. Ltd. | 10000 | 46236 |
|  | Globalwafers Co. Ltd. | 33000 | 542552 |
|  | Globe Union Industrial <br> Corp.<br>| 48910 | 16357 |
|  | Gloria Material <br> Technology Corp.<br>| 78000 | 86150 |
|  | GMI Technology, Inc. | 19966 | 25221 |
|  | Goldsun Building <br> Materials Co. Ltd.<br>| 135543 | 159356 |
|  | Good Finance <br> Securities Co. Ltd.<br>| 40000 | 33310 |
|  | Good Will Instrument <br> Co. Ltd.<br>| 14000 | 25913 |
|  | Gordon Auto Body <br> Parts<br>| 23000 | 23682 |
|  | Gourmet Master Co. <br> Ltd.<br>| 18000 | 40827 |
| \* | Grand Pacific <br> Petrochemical<br>| 66627 | 22312 |
|  | Grape King Bio Ltd. | 16000 | 64213 |
|  | Great China Metal <br> Industry<br>| 26000 | 16993 |

---

691

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Great Wall Enterprise <br> Co. Ltd.<br>| 104000 | $175649 |
|  | Greatek Electronics, <br> Inc.<br>| 49000 | 112049 |
|  | GTM Holdings Corp. | 24000 | 23678 |
|  | Hannstar Board Corp. | 43361 | 132635 |
|  | Hanpin Electron Co. <br> Ltd.<br>| 14000 | 20919 |
|  | Heran Co. Ltd. | 12000 | 24841 |
|  | Hey Song Corp. | 53000 | 64319 |
|  | Highwealth <br> Construction Corp.<br>| 218048 | 276164 |
| \* | Hitron Technology, Inc. | 13000 | 10240 |
|  | Hiwin Technologies <br> Corp.<br>| 27000 | 194943 |
|  | Hiyes International Co. <br> Ltd.<br>| 8000 | 21726 |
|  | Ho Tung Chemical <br> Corp.<br>| 176000 | 46871 |
|  | Hocheng Corp. | 45100 | 26210 |
|  | Holdings-Key Electric <br> Wire & Cable Co. <br> Ltd.<br>| 10000 | 14460 |
|  | Holy Stone Enterprise <br> Co. Ltd.<br>| 25950 | 96008 |
|  | Hong Pu Real Estate <br> Development Co. <br> Ltd.<br>| 35000 | 29675 |
|  | Hong TAI Electric <br> Industrial<br>| 58000 | 74145 |
|  | Hota Industrial <br> Manufacturing Co. <br> Ltd.<br>| 21000 | 40477 |
|  | Hotai Finance Co. Ltd. | 26200 | 52437 |
|  | Hsin Kuang Steel Co. <br> Ltd.<br>| 23000 | 29660 |
|  | Hsing TA Cement Co. | 29000 | 14586 |
|  | Hu Lane Associate, <br> Inc.<br>| 13991 | 59783 |
|  | HUA ENG Wire & <br> Cable Co. Ltd.<br>| 37000 | 39598 |
|  | Hua Yu Lien <br> Development Co. <br> Ltd.<br>| 20000 | 40413 |
|  | Huaku Development <br> Co. Ltd.<br>| 50820 | 171905 |
|  | Huang Hsiang <br> Construction Corp.<br>| 22538 | 30181 |
|  | Hung Ching <br> Development & <br> Construction Co. <br> Ltd.<br>| 31000 | 27474 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Hung Sheng <br> Construction Ltd.<br>| 80680 | $55886 |
|  | Hwa Fong Rubber <br> Industrial Co. Ltd.<br>| 63880 | 31354 |
|  | Hwacom Systems, <br> Inc.<br>| 40000 | 31701 |
|  | IBF Financial Holdings <br> Co. Ltd.<br>| 499684 | 247429 |
|  | Ichia Technologies, <br> Inc.<br>| 47000 | 77491 |
|  | IEI Integration Corp. | 29600 | 64313 |
|  | Infortrend Technology, <br> Inc.<br>| 52000 | 38656 |
|  | Innolux Corp. | 483627 | 208291 |
|  | Inpaq Technology Co. <br> Ltd.<br>| 19954 | 56206 |
|  | Integrated Service <br> Technology, Inc.<br>| 6773 | 24255 |
| \* | IntelliEPI, Inc. | 7000 | 35485 |
|  | Inventec Corp. | 34000 | 50461 |
|  | Iron Force Industrial <br> Co. Ltd.<br>| 10371 | 31993 |
|  | I-Sheng Electric Wire & <br> Cable Co. Ltd.<br>| 18000 | 27110 |
| # | ITEQ Corp. | 35000 | 132516 |
|  | Jean Co. Ltd. | 18694 | 15484 |
|  | Jia Wei Lifestyle, Inc. | 7350 | 9513 |
|  | Jih Lin Technology Co. <br> Ltd.<br>| 6000 | 10463 |
|  | Jiin Yeeh Ding <br> Enterprise Co. Ltd.<br>| 7000 | 14615 |
|  | Johnson Health Tech <br> Co. Ltd.<br>| 13000 | 67322 |
|  | K Laser Technology, <br> Inc.<br>| 27000 | 13682 |
|  | Kaimei Electronic <br> Corp.<br>| 18400 | 55900 |
|  | Kedge Construction <br> Co. Ltd.<br>| 9847 | 28125 |
|  | KEE TAI Properties <br> Co. Ltd.<br>| 75110 | 25758 |
|  | Kenda Rubber <br> Industrial Co. Ltd.<br>| 106975 | 69658 |
|  | Kerry TJ Logistics Co. <br> Ltd.<br>| 37000 | 40445 |
|  | KGI Financial Holding <br> Co. Ltd.<br>| 1658420 | 855482 |
| # | Kindom Development <br> Co. Ltd.<br>| 75790 | 81958 |
|  | King Chou Marine <br> Technology Co. Ltd.<br>| 8000 | 13330 |
| \* | Kinko Optical Co. Ltd. | 31455 | 46807 |
|  | Kinpo Electronics | 184000 | 135406 |

---

692

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Kinsus Interconnect <br> Technology Corp.<br>| 52000 | $229500 |
|  | KMC Kuei Meng <br> International, Inc.<br>| 11000 | 32184 |
|  | KS Terminals, Inc. | 19000 | 30913 |
|  | Kung Long Batteries <br> Industrial Co. Ltd.<br>| 3000 | 11843 |
| \* | Kung Sing Engineering <br> Corp.<br>| 75900 | 28584 |
|  | Kuo Toong <br> International Co. <br> Ltd.<br>| 29399 | 55100 |
|  | Kwong Lung Enterprise <br> Co. Ltd.<br>| 23000 | 35753 |
|  | L&K Engineering Co. <br> Ltd.<br>| 5124 | 79269 |
|  | Laser Tek Taiwan Co. <br> Ltd.<br>| 17000 | 28557 |
|  | Leadtrend Technology <br> Corp.<br>| 6119 | 9554 |
|  | Lelon Electronics <br> Corp.<br>| 14000 | 49393 |
|  | Lemtech Holdings Co. <br> Ltd.<br>| 4200 | 10903 |
|  | Leo Systems, Inc. | 21000 | 24266 |
| \* | Leofoo Development <br> Co. Ltd.<br>| 17000 | 9309 |
|  | Lingsen Precision <br> Industries Ltd.<br>| 77000 | 51397 |
|  | Lite-On Technology <br> Corp.<br>| 6000 | 34809 |
|  | Liton Technology <br> Corp.<br>| 8000 | 12397 |
|  | Long Da Construction <br> & Development <br> Corp.<br>| 66000 | 61192 |
|  | Longwell Co. | 11000 | 66912 |
|  | Lotus Pharmaceutical <br> Co. Ltd.<br>| 6000 | 57560 |
|  | Lucky Cement Corp. | 40000 | 19442 |
|  | Lumax International <br> Corp. Ltd.<br>| 19800 | 63620 |
| \* | Lung Yen Life Service <br> Corp.<br>| 12000 | 20284 |
|  | Macauto Industrial Co. <br> Ltd.<br>| 6000 | 11603 |
| \* | Macronix International <br> Co. Ltd.<br>| 120000 | 120976 |
|  | Magnate Technology <br> Co. Ltd.<br>| 10000 | 13781 |
|  | Mayer Steel Pipe <br> Corp.<br>| 36000 | 27845 |
|  | Megaforce Co. Ltd. | 19000 | 25493 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Meiloon Industrial Co. | 22400 | $17090 |
|  | Mercuries & Associates <br> Holding Ltd.<br>| 68517 | 31833 |
|  | Mercuries Data <br> Systems Ltd.<br>| 13000 | 10783 |
| \* | Mercuries Life <br> Insurance Co. Ltd.<br>| 304740 | 71647 |
|  | Merida Industry Co. <br> Ltd.<br>| 26000 | 84261 |
|  | Merry Electronics Co. <br> Ltd.<br>| 36933 | 122712 |
|  | Micro-Star International <br> Co. Ltd.<br>| 60000 | 212695 |
|  | Mildef Crete, Inc. | 7000 | 24360 |
|  | MIN AIK Technology <br> Co. Ltd.<br>| 28000 | 19998 |
|  | Mitac Holdings Corp. | 190238 | 614080 |
|  | Motech Industries, Inc. | 65000 | 35863 |
|  | Namchow Holdings <br> Co. Ltd.<br>| 38000 | 47813 |
|  | Nan Kang Rubber Tire <br> Co. Ltd.<br>| 74000 | 86974 |
|  | Nan Ya Plastics Corp. | 104000 | 139943 |
|  | Nan Ya Printed Circuit <br> Board Corp.<br>| 26000 | 243698 |
|  | Nang Kuang <br> Pharmaceutical Co. <br> Ltd.<br>| 9000 | 11364 |
|  | Nantex Industry Co. <br> Ltd.<br>| 49000 | 35500 |
| \* | Nanya Technology <br> Corp.<br>| 43000 | 183631 |
| # | National Aerospace <br> Fasteners Corp.<br>| 11000 | 38404 |
| \* | New Asia Construction <br> & Development <br> Corp.<br>| 54000 | 25953 |
|  | New Best Wire <br> Industrial Co. Ltd.<br>| 11000 | 10438 |
|  | Nichidenbo Corp. | 8000 | 23432 |
|  | Niko Semiconductor <br> Co. Ltd.<br>| 11754 | 21565 |
|  | Nishoku Technology, <br> Inc.<br>| 7000 | 28852 |
|  | North-Star International <br> Co. Ltd.<br>| 21000 | 18044 |
|  | Nuvoton Technology <br> Corp.<br>| 29000 | 57843 |
|  | O-Bank Co. Ltd. | 208909 | 61465 |
|  | Optimax Technology <br> Corp.<br>| 17000 | 11073 |
|  | Orient Semiconductor <br> Electronics Ltd.<br>| 64000 | 100497 |

---

693

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Pacific Hospital Supply <br> Co. Ltd.<br>| 6000 | $17253 |
|  | Paiho Shih Holdings <br> Corp.<br>| 32025 | 25920 |
|  | Pan German Universal <br> Motors Ltd.<br>| 3000 | 28304 |
|  | Pan Jit International, <br> Inc.<br>| 56000 | 152873 |
| # | Pan-International <br> Industrial Corp.<br>| 76000 | 138059 |
| # | Parpro Corp. | 23000 | 39293 |
|  | Pegatron Corp. | 212000 | 510027 |
|  | Pegavision Corp. | 8000 | 88489 |
|  | Phison Electronics <br> Corp.<br>| 14000 | 482667 |
|  | Phoenix Silicon <br> International Corp.<br>| 21000 | 117531 |
|  | Polytronics Technology <br> Corp.<br>| 7000 | 10433 |
|  | Pou Chen Corp. | 410000 | 390112 |
|  | Powertech Technology, <br> Inc.<br>| 120000 | 670338 |
|  | President Securities <br> Corp.<br>| 174392 | 134125 |
|  | Primax Electronics <br> Ltd.<br>| 68000 | 182968 |
|  | Prince Housing & <br> Development Corp.<br>| 73000 | 21155 |
|  | Promate Electronic Co. <br> Ltd.<br>| 33000 | 50835 |
|  | Prosperity Dielectrics <br> Co. Ltd.<br>| 28000 | 53395 |
|  | Qisda Corp. | 192700 | 193630 |
|  | QST International <br> Corp.<br>| 23874 | 32940 |
|  | Qualipoly Chemical <br> Corp.<br>| 15000 | 88056 |
|  | Quang Viet Enterprise <br> Co. Ltd.<br>| 6000 | 15057 |
|  | Quanta Storage, Inc. | 33000 | 113691 |
|  | Radiant <br> Opto-Electronics <br> Corp.<br>| 69000 | 295571 |
|  | Radium Life Tech Co. <br> Ltd.<br>| 125786 | 44926 |
|  | Raydium <br> Semiconductor <br> Corp.<br>| 4000 | 31610 |
|  | Rechi Precision Co. <br> Ltd.<br>| 61000 | 45739 |
|  | Rexon Industrial Corp. <br> Ltd.<br>| 18000 | 16122 |
|  | RiTdisplay Corp. | 17814 | 19125 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | Ritek Corp. | 142121 | $45962 |
|  | Ruentex Development <br> Co. Ltd.<br>| 298500 | 289132 |
|  | Run Long Construction <br> Co. Ltd.<br>| 37000 | 45674 |
|  | Sampo Corp. | 55200 | 44140 |
|  | San Fang Chemical <br> Industry Co. Ltd.<br>| 32000 | 32146 |
|  | Sanyang Motor Co. <br> Ltd.<br>| 35000 | 68675 |
|  | Savior Lifetec Corp. | 72000 | 40003 |
|  | SCI Pharmtech, Inc. | 11000 | 20578 |
|  | ScinoPharm Taiwan <br> Ltd.<br>| 41000 | 23342 |
|  | SDI Corp. | 12000 | 33200 |
|  | Sea Sonic Electronics <br> Co. Ltd.<br>| 4000 | 8946 |
|  | Senao International <br> Co. Ltd.<br>| 10000 | 9432 |
|  | Sensortek Technology <br> Corp.<br>| 3000 | 18519 |
|  | Sercomm Corp. | 43000 | 137810 |
|  | Sesoda Corp. | 48776 | 47842 |
|  | Shanghai Commercial <br> & Savings Bank Ltd.<br>| 544000 | 700294 |
|  | Sharehope Medicine <br> Co. Ltd.<br>| 13103 | 10350 |
|  | ShenMao Technology, <br> Inc.<br>| 16000 | 52560 |
|  | Shih Her Technologies, <br> Inc.<br>| 7513 | 42209 |
| \* | Shih Wei Navigation <br> Co. Ltd.<br>| 66708 | 37959 |
|  | Shihlin Electric & <br> Engineering Corp.<br>| 29000 | 187441 |
|  | Shin Ruenn <br> Development Co. <br> Ltd.<br>| 17000 | 32184 |
|  | Shin Zu Shing Co. <br> Ltd.<br>| 3862 | 26366 |
|  | Shinkong Insurance <br> Co. Ltd.<br>| 38000 | 138923 |
| # | Shinkong Synthetic <br> Fibers Corp.<br>| 221000 | 95790 |
|  | Shinkong Textile Co. <br> Ltd.<br>| 27000 | 49575 |
| \* | Shuttle, Inc. | 55000 | 33081 |
|  | Sigurd Microelectronics <br> Corp.<br>| 72726 | 246051 |
|  | Silicon Integrated <br> Systems Corp.<br>| 48620 | 87154 |
|  | Simplo Technology Co. <br> Ltd.<br>| 28000 | 318733 |

---

694

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Sincere Navigation <br> Corp.<br>| 48410 | $38024 |
|  | Sino-American Silicon <br> Products, Inc.<br>| 92000 | 372279 |
|  | Sinon Corp. | 70000 | 97099 |
|  | SinoPac Financial <br> Holdings Co. Ltd.<br>| 170775 | 142152 |
|  | Sinopower <br> Semiconductor, Inc.<br>| 4000 | 13966 |
|  | Sinphar <br> Pharmaceutical Co. <br> Ltd.<br>| 23814 | 24915 |
|  | Sinyi Realty, Inc. | 30000 | 22093 |
|  | Sirtec International Co. <br> Ltd.<br>| 10000 | 8188 |
|  | Sitronix Technology <br> Corp.<br>| 3000 | 19492 |
|  | Siward Crystal <br> Technology Co. Ltd.<br>| 28000 | 20486 |
|  | Soft-World <br> International Corp.<br>| 8000 | 26504 |
|  | Solteam, Inc. | 9598 | 15044 |
|  | Song Shang <br> Electronics Co. Ltd.<br>| 22000 | 15329 |
|  | Sonix Technology Co. <br> Ltd.<br>| 24000 | 27381 |
|  | Speed Tech Corp. | 13000 | 19919 |
|  | Sports Gear Co. Ltd. | 17000 | 61943 |
|  | St. Shine Optical Co. <br> Ltd.<br>| 11000 | 46682 |
|  | Standard Chemical & <br> Pharmaceutical Co. <br> Ltd.<br>| 15000 | 27048 |
|  | Standard Foods Corp. | 72000 | 73470 |
| \* | Starlux Airlines Co. <br> Ltd.<br>| 53000 | 41332 |
|  | Sun Max Tech Ltd. | 6284 | 17095 |
|  | Sunjuice Holdings Co. <br> Ltd.<br>| 3000 | 14243 |
|  | Sunny Friend <br> Environmental <br> Technology Co. Ltd.<br>| 10000 | 26893 |
|  | Sunrex Technology <br> Corp.<br>| 30000 | 40531 |
|  | Sunspring Metal Corp. | 14177 | 10136 |
|  | Superalloy Industrial <br> Co. Ltd.<br>| 35000 | 54005 |
| # | Supreme Electronics <br> Co. Ltd.<br>| 78219 | 167572 |
| # | Swancor Holding Co. <br> Ltd.<br>| 10000 | 40463 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Sweeten Real Estate <br> Development Co. <br> Ltd.<br>| 39230 | $35971 |
|  | Symtek Automation <br> Asia Co. Ltd.<br>| 5346 | 27162 |
|  | Syncmold Enterprise <br> Corp.<br>| 21000 | 46948 |
|  | Synmosa Biopharma <br> Corp.<br>| 46179 | 50354 |
|  | Synnex Technology <br> International Corp.<br>| 220000 | 405586 |
|  | Systex Corp. | 28000 | 117673 |
|  | T3EX Global Holdings <br> Corp.<br>| 18000 | 40804 |
|  | TA Chen Stainless <br> Pipe<br>| 326057 | 388654 |
|  | Ta Ya Electric Wire & <br> Cable<br>| 141247 | 192307 |
|  | TA-I Technology Co. <br> Ltd.<br>| 20000 | 40598 |
|  | Tai Tung <br> Communication Co. <br> Ltd.<br>| 22000 | 16259 |
|  | Taichung Commercial <br> Bank Co. Ltd.<br>| 760194 | 528486 |
|  | TaiDoc Technology <br> Corp.<br>| 8000 | 31959 |
|  | Taiflex Scientific Co. <br> Ltd.<br>| 40792 | 89984 |
|  | Taimide Tech, Inc. | 20000 | 39160 |
|  | Tainan Enterprises Co. <br> Ltd.<br>| 15000 | 13242 |
|  | Tainan Spinning Co. <br> Ltd.<br>| 172000 | 70406 |
|  | TAI-TECH Advanced <br> Electronics Co. Ltd.<br>| 8000 | 39036 |
|  | Taiwan Business Bank | 1396220 | 695467 |
|  | Taiwan Chinsan <br> Electronic Industrial <br> Co. Ltd.<br>| 13791 | 19219 |
|  | Taiwan Cogeneration <br> Corp.<br>| 83000 | 130080 |
|  | Taiwan Fertilizer Co. <br> Ltd.<br>| 20000 | 31264 |
|  | Taiwan Fire & Marine <br> Insurance Co. Ltd.<br>| 54000 | 63238 |
|  | Taiwan FU Hsing <br> Industrial Co. Ltd.<br>| 31200 | 52096 |
| #\* | Taiwan Glass Industry <br> Corp.<br>| 208000 | 188721 |
|  | Taiwan Hon Chuan <br> Enterprise Co. Ltd.<br>| 30378 | 124553 |

---

695

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Taiwan Hopax <br> Chemicals <br> Manufacturing Co. <br> Ltd.<br>| 26697 | $27157 |
| †† | Taiwan Land <br> Development Corp.<br>| 217000 | 3547 |
|  | Taiwan Navigation Co. <br> Ltd.<br>| 66000 | 62381 |
|  | Taiwan Paiho Ltd. | 54000 | 100178 |
|  | Taiwan PCB Techvest <br> Co. Ltd.<br>| 53000 | 60742 |
|  | Taiwan Sanyo Electric <br> Co. Ltd.<br>| 21000 | 24126 |
|  | Taiwan Semiconductor <br> Co. Ltd.<br>| 28000 | 49885 |
|  | Taiwan Shin Kong <br> Security Co. Ltd.<br>| 51510 | 68189 |
|  | Taiwan Surface <br> Mounting <br> Technology Corp.<br>| 41000 | 146159 |
|  | Taiyen Biotech Co. <br> Ltd.<br>| 15000 | 15548 |
| # | Tatung Co. Ltd. | 255750 | 299768 |
|  | TCC Group Holdings <br> Co. Ltd.<br>| 780000 | 559631 |
|  | TCI Co. Ltd. | 12000 | 44294 |
|  | Te Chang Construction <br> Co. Ltd.<br>| 13000 | 26146 |
|  | Teco Electric & <br> Machinery Co. Ltd.<br>| 296000 | 1114003 |
|  | Test Rite International <br> Co. Ltd.<br>| 46000 | 30374 |
|  | Thinking Electronic <br> Industrial Co. Ltd.<br>| 12000 | 73450 |
|  | Thye Ming Industrial <br> Co. Ltd.<br>| 22400 | 39422 |
|  | Ton Yi Industrial Corp. | 154000 | 89880 |
|  | Tong Hsing Electronic <br> Industries Ltd.<br>| 14280 | 58009 |
|  | Tong Yang Industry Co. <br> Ltd.<br>| 58000 | 181970 |
|  | Tong-Tai Machine & <br> Tool Co. Ltd.<br>| 46000 | 48355 |
|  | Top Bright Holding Co. <br> Ltd.<br>| 3000 | 27879 |
|  | Top Union Electronics <br> Corp.<br>| 37047 | 36109 |
|  | Topco Technologies <br> Corp.<br>| 6000 | 12100 |
|  | Topkey Corp. | 11000 | 66538 |
|  | Topoint Technology Co. <br> Ltd.<br>| 17000 | 65023 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Transcend Information, <br> Inc.<br>| 31000 | $132766 |
|  | Tripod Technology <br> Corp.<br>| 70000 | 774143 |
|  | TS Financial Holding <br> Co. Ltd (2887 TT)<br>| 2788500 | 1694030 |
| \* | TS Financial Holding <br> Co. Ltd (28871 TT)<br>| 51870 | 15559 |
|  | TSC Auto ID <br> Technology Co. Ltd.<br>| 4000 | 25395 |
|  | TSRC Corp. | 90000 | 43815 |
|  | Tung Ho Steel <br> Enterprise Corp.<br>| 77850 | 158818 |
|  | Tung Thih Electronic <br> Co. Ltd.<br>| 13728 | 32589 |
|  | TURVO International <br> Co. Ltd.<br>| 6000 | 39106 |
|  | TXC Corp. | 14000 | 40421 |
|  | TYC Brother Industrial <br> Co. Ltd.<br>| 38000 | 59093 |
|  | Tyntek Corp. | 52000 | 29498 |
|  | Ubright Optronics <br> Corp.<br>| 10000 | 20564 |
|  | UDE Corp. | 17000 | 58313 |
|  | U-Ming Marine <br> Transport Corp.<br>| 82000 | 148145 |
|  | Unic Technology Corp. | 25000 | 18826 |
|  | Unimicron Technology <br> Corp.<br>| 159000 | 838016 |
| # | Union Bank of Taiwan | 390253 | 235151 |
|  | Union Insurance Co. <br> Ltd.<br>| 10000 | 8719 |
|  | Unitech Computer Co. <br> Ltd.<br>| 19000 | 25663 |
|  | Unitech Printed Circuit <br> Board Corp.<br>| 113032 | 96253 |
|  | United Alloy-Tech Co. | 11000 | 19267 |
|  | United Orthopedic <br> Corp.<br>| 11000 | 44469 |
| \*†† | Unity Opto Technology <br> Co. Ltd.<br>| 46000 | 0 |
|  | Univacco Technology, <br> Inc.<br>| 9000 | 13233 |
|  | Universal Cement <br> Corp.<br>| 94440 | 95041 |
|  | UPC Technology <br> Corp.<br>| 38316 | 12605 |
|  | USI Corp. | 59000 | 19818 |
|  | Utechzone Co. Ltd. | 4000 | 11270 |
|  | Value Valves Co. Ltd. | 7000 | 19062 |
|  | Ve Wong Corp. | 24000 | 30818 |
|  | Ventec International <br> Group Co. Ltd.<br>| 10000 | 29069 |
|  | VIA Labs, Inc. | 6000 | 16101 |

---

696

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | Wafer Works Corp. | 30555 | $30980 |
|  | Wah Lee Industrial <br> Corp.<br>| 33660 | 98574 |
| # | Walsin Lihwa Corp. | 245613 | 237901 |
|  | Walsin Technology <br> Corp.<br>| 41000 | 164510 |
|  | Walton Advanced <br> Engineering, Inc.<br>| 49000 | 38103 |
| # | Wan Hai Lines Ltd. | 139000 | 370872 |
| \* | We & Win <br> Development Co. <br> Ltd.<br>| 26000 | 9408 |
|  | We&Win Diversification <br> Co. Ltd.<br>| 20000 | 13948 |
|  | WEI Chih Steel <br> Industrial Co. Ltd.<br>| 26000 | 13518 |
|  | Wei Chuan Foods <br> Corp.<br>| 66000 | 32287 |
|  | Weikeng Industrial Co. <br> Ltd.<br>| 69946 | 66700 |
|  | Well Shin Technology <br> Co. Ltd.<br>| 14000 | 23903 |
|  | Win Semiconductors <br> Corp.<br>| 41000 | 142526 |
| \* | Winbond Electronics <br> Corp.<br>| 508732 | 889746 |
|  | Winstek <br> Semiconductor Co. <br> Ltd.<br>| 6000 | 18612 |
|  | Wisdom Marine Lines <br> Co. Ltd.<br>| 80221 | 164351 |
|  | WNC Corp. | 43147 | 175083 |
|  | Wonderful Hi-Tech Co. <br> Ltd.<br>| 15000 | 22264 |
|  | WPG Holdings Ltd. | 295000 | 576953 |
|  | WT Microelectronics <br> Co. Ltd.<br>| 118721 | 550395 |
|  | WUS Printed Circuit <br> Co. Ltd.<br>| 28350 | 93426 |
|  | Xxentria Technology <br> Materials Corp.<br>| 28781 | 32307 |
|  | Ya Horng Electronic <br> Co. Ltd.<br>| 7000 | 12847 |
| # | Yang Ming Marine <br> Transport Corp.<br>| 369000 | 688428 |
|  | YC INOX Co. Ltd. | 76633 | 47871 |
|  | Yea Shin International <br> Development Co. <br> Ltd.<br>| 51053 | 41052 |
| # | Yem Chio Co. Ltd. | 83706 | 36040 |
|  | YFC-Boneagle Electric <br> Co. Ltd.<br>| 14596 | 9912 |
|  | YFY, Inc. | 169000 | 139369 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Yi Jinn Industrial Co. <br> Ltd.<br>| 24150 | $12797 |
| \* | Yieh Phui Enterprise <br> Co. Ltd.<br>| 177550 | 85041 |
|  | Young Fast <br> Optoelectronics Co. <br> Ltd.<br>| 11000 | 19486 |
|  | Youngtek Electronics <br> Corp.<br>| 21000 | 40135 |
|  | Yuanta Futures Co. <br> Ltd.<br>| 28091 | 82198 |
|  | Yuen Foong Yu <br> Consumer Products <br> Co. Ltd.<br>| 29000 | 36204 |
|  | Yulon Finance Corp. | 43050 | 134440 |
|  | Yulon Motor Co. Ltd. | 118886 | 126759 |
|  | Yung Chi Paint & <br> Varnish <br> Manufacturing Co. <br> Ltd.<br>| 13000 | 31682 |
|  | YungShin Global <br> Holding Corp.<br>| 35000 | 64078 |
|  | Yusin Holding Corp. | 9428 | 21148 |
|  | Zeng Hsing Industrial <br> Co. Ltd.<br>| 11520 | 34520 |
|  | Zenitron Corp. | 34000 | 38158 |
|  | Zhen Ding Technology <br> Holding Ltd.<br>| 127000 | 670625 |
| \* | Zig Sheng Industrial <br> Co. Ltd.<br>| 68000 | 17061 |
|  | ZillTek Technology <br> Corp.<br>| 4000 | 26228 |
|  | Zippy Technology <br> Corp.<br>| 15000 | 25220 |
|  | Zyxel Group Corp. | 54930 | 62517 |
| TOTAL TAIWAN | TOTAL TAIWAN |  | 52811559 |
| THAILAND — (1.1%) | THAILAND — (1.1%) | THAILAND — (1.1%) | THAILAND — (1.1%) |
|  | AAPICO Hitech PCL <br> (AH/F TB)<br>| 68970 | 26236 |
|  | AEON Thana Sinsap <br> Thailand PCL<br>| 15900 | 51877 |
|  | Amata Corp. PCL | 119300 | 53129 |
|  | AP Thailand PCL | 377800 | 101066 |
|  | Asia Plus Group <br> Holdings PCL<br>| 195300 | 13409 |
|  | Asian Sea Corp. PCL | 53800 | 12146 |
|  | Asset World Corp. <br> PCL<br>| 337000 | 22929 |
|  | Bangchak Corp. PCL | 160200 | 146154 |
|  | Bangkok Commercial <br> Asset Management <br> PCL<br>| 331300 | 69160 |

---

697

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Bangkok Land PCL | 2877600 | $44497 |
|  | Bangkok Life <br> Assurance PCL, <br> NVDR<br>| 95400 | 53106 |
|  | Banpu PCL | 1160600 | 181260 |
|  | Berli Jucker PCL | 159700 | 90382 |
|  | Betagro PCL | 37300 | 18457 |
|  | BKI Holdings PCL | 15820 | 149711 |
|  | Cal-Comp Electronics <br> Thailand PCL, <br> Class F<br>| 812421 | 153263 |
|  | CH Karnchang PCL | 79400 | 37570 |
|  | Dhipaya Group <br> Holdings PCL<br>| 53700 | 36204 |
|  | Dohome PCL | 181000 | 21831 |
|  | Frasers Property <br> Thailand PCL<br>| 79285 | 15693 |
|  | Gunkul Engineering <br> PCL<br>| 870500 | 55458 |
|  | Hana Microelectronics <br> PCL<br>| 76600 | 54960 |
|  | ICC International PCL | 15998 | 12122 |
|  | Indorama Ventures <br> PCL<br>| 41400 | 24455 |
|  | Jaymart Group <br> Holdings PCL<br>| 85500 | 20625 |
|  | JMT Network Services <br> PCL<br>| 132800 | 40043 |
|  | KGI Securities <br> Thailand PCL<br>| 258200 | 31302 |
|  | Kiatnakin Phatra Bank <br> PCL<br>| 35100 | 71372 |
|  | Lalin Property PCL | 79100 | 12231 |
| # | Land & Houses PCL <br> (LHF TB)<br>| 927300 | 111844 |
|  | Lanna Resources PCL | 35700 | 17003 |
|  | LH Financial Group <br> PCL<br>| 755000 | 18212 |
|  | MBK PCL | 69810 | 35623 |
|  | MK Restaurants Group <br> PCL<br>| 61400 | 62188 |
|  | Northeast Rubber PCL | 270500 | 34801 |
|  | Polyplex Thailand PCL | 55700 | 16278 |
|  | Precious Shipping <br> PCL<br>| 105100 | 21777 |
| \* | Property Perfect PCL | 1219230 | 2639 |
|  | PTG Energy PCL | 132300 | 32732 |
|  | PTT Global Chemical <br> PCL<br>| 246000 | 192098 |
|  | Ratchthani Leasing <br> PCL<br>| 485400 | 24019 |
| # | Regional Container <br> Lines PCL<br>| 83400 | 66416 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Saha Pathana <br> Inter-Holding PCL<br>| 17700 | $24770 |
|  | Saha Pathanapibul <br> PCL<br>| 16100 | 28630 |
|  | Samart Corp. PCL | 185000 | 34328 |
|  | Sansiri PCL | 2225000 | 96335 |
|  | SCG Packaging PCL | 110300 | 62083 |
|  | Somboon Advance <br> Technology PCL<br>| 66900 | 27103 |
|  | SPCG PCL | 88600 | 22743 |
|  | Sri Trang Agro-Industry <br> PCL<br>| 146151 | 53787 |
|  | Sri Trang Gloves <br> Thailand PCL<br>| 205300 | 42539 |
|  | Srisawad Capital 1969 <br> PCL, Class F<br>| 249800 | 8575 |
| \* | STP & I PCL | 171900 | 19245 |
|  | Supalai PCL | 184200 | 97412 |
|  | Thai Oil PCL | 132400 | 146383 |
|  | Thai Stanley Electric <br> PCL (STANLY-R <br> TB), NVDR<br>| 4800 | 28724 |
|  | Thai Union Group <br> PCL<br>| 384400 | 155733 |
| #\* | Thaicom PCL | 118200 | 34910 |
|  | Thaifoods Group PCL | 73800 | 10362 |
|  | Thanachart Capital <br> PCL<br>| 53000 | 83594 |
| # | Thoresen Thai <br> Agencies PCL<br>| 351600 | 47844 |
|  | TIDLOR Holdings PCL | 154100 | 100080 |
|  | Tisco Financial Group <br> PCL (TISCO/F TB)<br>| 12700 | 42222 |
|  | TPI Polene PCL | 1008400 | 22454 |
|  | TPI Polene Power <br> PCL<br>| 434701 | 27694 |
|  | VGI PCL | 684800 | 26473 |
| TOTAL THAILAND | TOTAL THAILAND |  | 3500301 |
| TURKEY — (0.9%) | TURKEY — (0.9%) | TURKEY — (0.9%) | TURKEY — (0.9%) |
| \* | Adese Alisveris <br> Merkezleri Ticaret <br> AS<br>| 1499610 | 129987 |
|  | Aksa Akrilik Kimya <br> Sanayii AS<br>| 211332 | 62267 |
| \* | Aksa Enerji Uretim AS | 21741 | 26861 |
| \* | Aksigorta AS | 132399 | 21996 |
| # | Alarko Holding AS | 45997 | 88082 |
|  | Albaraka Turk Katilim <br> Bankasi AS<br>| 207057 | 40445 |
|  | Anadolu Anonim Turk <br> Sigorta Sirketi<br>| 197523 | 108833 |

---

698

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
|  | Anadolu Hayat <br> Emeklilik AS<br>| 10998 | $26976 |
| \* | Arcelik AS | 8717 | 22900 |
| \* | ARD Grup Bilisim <br> Teknolojileri AS<br>| 31517 | 21776 |
|  | Aygaz AS | 14660 | 68812 |
| \* | Baticim Bati Anadolu <br> Cimento Sanayii AS<br>| 175707 | 18336 |
| \* | Bera Holding AS | 105274 | 45942 |
| #\* | Borusan Birlesik Boru <br> Fabrikalari Sanayi ve <br> Ticaret AS<br>| 8144 | 93185 |
|  | Bursa Cimento <br> Fabrikasi AS<br>| 89116 | 13698 |
| \* | Can2 Termik AS | 702229 | 40384 |
| # | Cimsa Cimento Sanayi <br> VE Ticaret AS<br>| 69895 | 78786 |
|  | Dogan Sirketler Grubu <br> Holding AS<br>| 238931 | 97019 |
|  | Dogu Aras Enerji <br> Yatirimlari AS<br>| 11534 | 15471 |
|  | Dogus Otomotiv Servis <br> ve Ticaret AS<br>| 14261 | 61135 |
|  | EGE Gubre Sanayii <br> AS<br>| 4688 | 11872 |
|  | EIS Eczacibasi Ilac ve <br> Sinai ve Finansal <br> Yatirimlar Sanayi ve <br> Ticaret AS<br>| 26631 | 57253 |
|  | Enerya Enerji AS | 231769 | 53809 |
| \* | Esenboga Elektrik <br> Uretim AS<br>| 2 | 1 |
| \* | Europen Endustri <br> Insaat Sanayi VE <br> Ticaret AS<br>| 121073 | 25442 |
| \* | Girsim Elektrik Sanayi <br> Taahut Ve Ticaret <br> AS<br>| 21550 | 24142 |
|  | Global Yatirim Holding <br> AS<br>| 267426 | 74224 |
|  | Goknur Gida Maddeleri <br> Ithalat Ihracat Ticaret <br> Ve Sanayi AS<br>| 36248 | 19860 |
|  | Goltas Goller Bolgesi <br> Cimento Sanayi ve <br> Ticaret AS<br>| 2552 | 20157 |
| \* | GSD Holding AS | 257244 | 29683 |
| \* | Imas Makina Sanayi <br> AS<br>| 223295 | 28427 |
| \* | Ipek Dogal Enerji <br> Kaynaklari Arastirma <br> Ve Uretim AS<br>| 18922 | 35017 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| \* | Is Finansal Kiralama <br> AS<br>| 66301 | $30344 |
| \* | Isiklar Enerji ve Yapi <br> Holding AS<br>| 59047 | 47975 |
| \* | Izdemir Enerji Elektrik <br> Uretim AS<br>| 77916 | 17843 |
| \* | Kardemir Karabuk <br> Demir Celik Sanayi <br> ve Ticaret AS <br> (KRDMA TI), <br> Class A<br>| 74160 | 50667 |
| #\* | Kardemir Karabuk <br> Demir Celik Sanayi <br> ve Ticaret AS <br> (KRDMD TI), <br> Class D<br>| 144418 | 93956 |
| \* | Kayseri Seker <br> Fabrikasi AS<br>| 22586 | 9732 |
|  | Kervan Gida Sanayi Ve <br> Ticaret AS<br>| 219057 | 13386 |
| \* | Kordsa Teknik Tekstil <br> AS<br>| 15454 | 20549 |
| \* | Koza Anadolu Metal <br> Madencilik <br> Isletmeleri AS<br>| 12539 | 26944 |
|  | Lokman Hekim <br> Engurusag Saglik <br> Turizm Egitim <br> Hizmetleri ve Insaat <br> Taahhut AS<br>| 22356 | 8931 |
| \* | NET Holding AS | 83578 | 98934 |
|  | Nuh Cimento Sanayi <br> AS<br>| 2709 | 15707 |
| \* | ODAS Elektrik Uretim <br> ve Sanayi Ticaret <br> AS<br>| 172068 | 24112 |
| \* | Orge Enerji Elektrik <br> Taahhut AS<br>| 13181 | 21645 |
| \* | Oyak Yatirim Menkul <br> Degerler AS<br>| 11684 | 15067 |
| \* | Peker Gayrimenkul <br> Yatirim Ortakligi AS<br>| 320340 | 91379 |
|  | Sarkuysan Elektrolitik <br> Bakir Sanayi ve <br> Ticaret AS<br>| 82877 | 30142 |
|  | Sekerbank Turk AS | 348287 | 66264 |
|  | Selcuk Ecza Deposu <br> Ticaret ve Sanayi <br> AS<br>| 26314 | 48663 |
| \* | TAV Havalimanlari <br> Holding AS<br>| 36389 | 228715 |
| \* | Tekfen Holding AS | 31544 | 63131 |

---

699

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| \* | Tukas Gida Sanayi ve <br> Ticaret AS<br>| 602213 | $40952 |
| \* | Turkiye Sinai Kalkinma <br> Bankasi AS<br>| 279313 | 85459 |
| # | Ulker Biskuvi Sanayi <br> AS<br>| 34631 | 88855 |
| \* | Vakif Finansal <br> Kiralama AS<br>| 468390 | 21869 |
| \* | Yayla Agro Gida <br> Sanayi VE Nakliyat <br> AS<br>| 33919 | 8865 |
| TOTAL TURKEY | TOTAL TURKEY |  | 2732864 |
| UNITED ARAB EMIRATES — (1.9%) | UNITED ARAB EMIRATES — (1.9%) | UNITED ARAB EMIRATES — (1.9%) | UNITED ARAB EMIRATES — (1.9%) |
|  | Abu Dhabi National <br> Hotels<br>| 1071734 | 130060 |
|  | Abu Dhabi National <br> Insurance Co. PSC<br>| 28687 | 57158 |
| \* | Abu Dhabi Ports Co. <br> PJSC<br>| 102757 | 128291 |
|  | ADNOC Logistics & <br> Services<br>| 49415 | 77190 |
|  | Agility Global PLC | 676622 | 200731 |
|  | Agthia Group PJSC | 52988 | 55806 |
|  | Ajman Bank PJSC | 102577 | 40776 |
| \* | AL Seer Marine <br> Supplies & <br> Equipment Co. LLC<br>| 29407 | 23787 |
|  | Aldar Properties PJSC | 383104 | 938649 |
|  | Amanat Holdings <br> PJSC<br>| 183087 | 57303 |
| \* | Amlak Finance PJSC | 67214 | 31664 |
| \* | Bank of Sharjah | 129355 | 45455 |
|  | Dana Gas PJSC | 815062 | 183751 |
|  | Deyaar Development <br> PJSC<br>| 265756 | 74632 |
|  | Dubai Financial Market <br> PJSC<br>| 156945 | 65866 |
|  | Dubai Investments <br> PJSC<br>| 334612 | 302582 |
|  | Dubai Islamic Bank <br> PJSC<br>| 441639 | 1142439 |
|  | Emaar Development <br> PJSC<br>| 174367 | 708289 |
|  | Emaar Properties <br> PJSC<br>| 40905 | 158288 |
| \* | EMSTEEL Building <br> Materials PJSC<br>| 170002 | 54571 |
| \* | Eshraq Investments <br> PJSC<br>| 292261 | 34428 |
| \* | Ghitha Holding PJSC | 6301 | 40239 |
| \* | Manazel PJSC | 286170 | 23363 |
| \* | Modon Holding PSC | 265973 | 264256 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
| \* | Multiply Group PJSC | 433891 | $352548 |
|  | National Bank of Ras <br> Al-Khaimah PSC<br>| 106807 | 225289 |
|  | NMDC Group PJSC | 20177 | 131361 |
|  | Orascom Construction <br> PLC<br>| 3812 | 38027 |
|  | Pure Health Holding <br> PJSC<br>| 16046 | 12280 |
| \* | RAK Properties PJSC | 273289 | 104998 |
|  | Ras Al Khaimah <br> Ceramics PJSC<br>| 86789 | 60732 |
|  | Sharjah Islamic Bank | 53224 | 42749 |
| \* | Union Properties <br> PJSC<br>| 680886 | 149287 |
| TOTAL UNITED ARAB <br> EMIRATES | TOTAL UNITED ARAB <br> EMIRATES |  | 5956845 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 305083075 |
| PREFERRED STOCKS — (0.2%) | PREFERRED STOCKS — (0.2%) | PREFERRED STOCKS — (0.2%) | PREFERRED STOCKS — (0.2%) |
| BRAZIL — (0.1%) | BRAZIL — (0.1%) | BRAZIL — (0.1%) | BRAZIL — (0.1%) |
|  | Alpargatas SA, <br> 1.006%<br>| 8000 | 15733 |
|  | Banco ABC Brasil SA, <br> 8.457%<br>| 16969 | 72576 |
| Ω | Banco BMG SA, <br> 7.859%<br>| 39762 | 29785 |
| \* | Banco BMG SA | 1633 | 1184 |
|  | Banco do Estado do <br> Rio Grande do Sul <br> SA, 9.033%<br>| 45190 | 115412 |
|  | Banco Pan SA, <br> 2.333%<br>| 36881 | 70952 |
|  | Eucatex SA Industria e <br> Comercio, 4.404%<br>| 11000 | 34145 |
|  | Marcopolo SA, <br> 7.858%<br>| 54358 | 79719 |
|  | Randoncorp SA, <br> 4.234%<br>| 40000 | 44982 |
|  | Schulz SA, 6.913% | 16300 | 14755 |
| \* | Usinas Siderurgicas de <br> Minas Gerais SA <br> Usiminas<br>| 14600 | 15387 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 494630 |
| COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) |
|  | Grupo Argos SA, <br> 5.588%<br>| 13078 | 40984 |
|  | Grupo Aval Acciones y <br> Valores SA, 3.140%<br>| 120328 | 24255 |

---

700

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COLOMBIA — (Continued) | COLOMBIA — (Continued) | COLOMBIA — (Continued) | COLOMBIA — (Continued) |
|  | Grupo de Inversiones <br> Suramericana SA, <br> 3.606%<br>| 18080 | $191838 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 257077 |
| TOTAL PREFERRED <br> STOCKS | TOTAL PREFERRED <br> STOCKS |  | 751707 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| TAIWAN — (0.0%) | TAIWAN — (0.0%) | TAIWAN — (0.0%) | TAIWAN — (0.0%) |
| \* | National Aerospace <br> Fasteners Corp. <br> Rights 11/17/2025<br>| 1179 | 480 |
| THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) |
| \* | Better World Green <br> PCL Warrants<br>| 178433 | 0 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 480 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $203,678,477) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $203,678,477) |  | 305835262 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| SECURITIES LENDING COLLATERAL — (1.0%) | SECURITIES LENDING COLLATERAL — (1.0%) | SECURITIES LENDING COLLATERAL — (1.0%) | SECURITIES LENDING COLLATERAL — (1.0%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 261473 | $3024458 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $206,702,935) | (Cost $206,702,935) |  | $308859720 |

---

As of October 31, 2025, Emerging Markets Targeted Value Portfolio had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 7 | 12/19/25 | &nbsp;&nbsp; $2326928 | &nbsp;&nbsp; $2405900 | &nbsp;&nbsp; $78972 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$2326928** | &nbsp;&nbsp; **$2405900** | &nbsp;&nbsp; **$78972** |

---

As of October 31, 2025, the value of Rule 144A securities amounted to $19,537,052 or 6.4% of net assets.

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Brazil | &nbsp;&nbsp; $8569023 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $8569023 |
| Chile | &nbsp;&nbsp; — | &nbsp;&nbsp; $745754 | &nbsp;&nbsp; — | &nbsp;&nbsp; 745754 |
| China | &nbsp;&nbsp; 3813294 | &nbsp;&nbsp; 88795532 | &nbsp;&nbsp; $30149 | &nbsp;&nbsp; 92638975 |
| Colombia | &nbsp;&nbsp; 559950 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 559950 |
| France | &nbsp;&nbsp; 193669 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 193669 |

---

701

------

**Emerging Markets Targeted Value Portfolio**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Greece | &nbsp;&nbsp; — | &nbsp;&nbsp; $2108317 | &nbsp;&nbsp; — | &nbsp;&nbsp; $2108317 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 37815 | &nbsp;&nbsp; — | &nbsp;&nbsp; 37815 |
| Hungary | &nbsp;&nbsp; — | &nbsp;&nbsp; 273078 | &nbsp;&nbsp; — | &nbsp;&nbsp; 273078 |
| India | &nbsp;&nbsp; $199363 | &nbsp;&nbsp; 55801639 | &nbsp;&nbsp; — | &nbsp;&nbsp; 56001002 |
| Indonesia | &nbsp;&nbsp; — | &nbsp;&nbsp; 4759487 | &nbsp;&nbsp; $2563 | &nbsp;&nbsp; 4762050 |
| Kuwait | &nbsp;&nbsp; — | &nbsp;&nbsp; 2375221 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2375221 |
| Malaysia | &nbsp;&nbsp; — | &nbsp;&nbsp; 4935755 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4935755 |
| Mexico | &nbsp;&nbsp; 6817340 | &nbsp;&nbsp; 356563 | &nbsp;&nbsp; — | &nbsp;&nbsp; 7173903 |
| Philippines | &nbsp;&nbsp; — | &nbsp;&nbsp; 1226572 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1226572 |
| Poland | &nbsp;&nbsp; — | &nbsp;&nbsp; 4543580 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4543580 |
| Qatar | &nbsp;&nbsp; — | &nbsp;&nbsp; 1800145 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1800145 |
| Saudi Arabia | &nbsp;&nbsp; 8846 | &nbsp;&nbsp; 7768579 | &nbsp;&nbsp; — | &nbsp;&nbsp; 7777425 |
| South Africa | &nbsp;&nbsp; 758750 | &nbsp;&nbsp; 8711121 | &nbsp;&nbsp; — | &nbsp;&nbsp; 9469871 |
| South Korea | &nbsp;&nbsp; — | &nbsp;&nbsp; 34879643 | &nbsp;&nbsp; 9758 | &nbsp;&nbsp; 34889401 |
| Taiwan | &nbsp;&nbsp; — | &nbsp;&nbsp; 52808012 | &nbsp;&nbsp; 3547 | &nbsp;&nbsp; 52811559 |
| Thailand | &nbsp;&nbsp; 81830 | &nbsp;&nbsp; 3418471 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3500301 |
| Turkey | &nbsp;&nbsp; — | &nbsp;&nbsp; 2732864 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2732864 |
| United Arab Emirates | &nbsp;&nbsp; — | &nbsp;&nbsp; 5956845 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5956845 |
| Preferred Stocks |  |  |  |  |
| Brazil | &nbsp;&nbsp; 494630 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 494630 |
| Colombia | &nbsp;&nbsp; 257077 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 257077 |
| Rights/Warrants |  |  |  |  |
| Taiwan | &nbsp;&nbsp; — | &nbsp;&nbsp; 480 | &nbsp;&nbsp; — | &nbsp;&nbsp; 480 |
| Thailand | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 3024458 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3024458 |
| Total Investments in Securities | &nbsp;&nbsp; $21753772 | &nbsp;&nbsp; $287059931 | &nbsp;&nbsp; $46,017˂˃ | &nbsp;&nbsp; $308859720 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 78972 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 78972 |
| Total Financial Instruments | &nbsp;&nbsp; $78972 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $78972 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

702

------

**Emerging Markets ex China Core Equity Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (98.1%) | COMMON STOCKS — (98.1%) | COMMON STOCKS — (98.1%) | COMMON STOCKS — (98.1%) |
| BRAZIL — (4.0%) | BRAZIL — (4.0%) | BRAZIL — (4.0%) | BRAZIL — (4.0%) |
| \* | Allianca Saude e <br> Participacoes SA<br>| 700 | $805 |
|  | Allied Tecnologia SA | 30010 | 56953 |
|  | Allos SA | 78384 | 363514 |
|  | Alupar Investimento <br> SA<br>| 36439 | 220668 |
|  | Ambev SA (ABEV US), <br> ADR<br>| 84521 | 195243 |
|  | Ambev SA (ABEV3 <br> BZ)<br>| 164200 | 387918 |
|  | Anima Holding SA | 108400 | 71126 |
|  | Armac Locacao <br> Logistica E Servicos <br> SA<br>| 30400 | 21190 |
|  | Auren Energia SA | 78407 | 160167 |
|  | B3 SA - Brasil Bolsa <br> Balcao<br>| 438191 | 1031143 |
|  | Banco Bradesco SA <br> (BBDC3 BZ)<br>| 109730 | 315528 |
|  | Banco BTG Pactual <br> SA<br>| 52669 | 477941 |
|  | Banco do Brasil SA | 117924 | 480030 |
|  | Banco Santander <br> Brasil SA<br>| 286869 | 1660443 |
|  | BB Seguridade <br> Participacoes SA<br>| 96073 | 586622 |
|  | Bemobi Mobile Tech <br> SA<br>| 22569 | 98373 |
| \* | Blau Farmaceutica SA | 13500 | 33575 |
|  | Boa Safra Sementes <br> SA<br>| 18564 | 36231 |
|  | BR Advisory Partners <br> Participacoes SA<br>| 27900 | 100607 |
|  | BrasilAgro - Co. <br> Brasileira de <br> Propriedades <br> Agricolas<br>| 21400 | 79475 |
| \* | Brava Energia | 13302 | 36496 |
|  | C&A Modas SA | 61300 | 185155 |
|  | Caixa Seguridade <br> Participacoes SA<br>| 21431 | 59633 |
|  | Camil Alimentos SA | 14000 | 14260 |
|  | Centrais Eletricas <br> Brasileiras SA<br>| 110789 | 1147439 |
| \* | Cia Brasileira de <br> Aluminio<br>| 79642 | 76830 |
| \* | Cia Brasileira de <br> Distribuicao<br>| 99973 | 69870 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Cia de Saneamento <br> Basico do Estado de <br> Sao Paulo SABESP <br> (SBS US), ADR<br>| 18688 | $458604 |
|  | Cia de Saneamento <br> Basico do Estado de <br> Sao Paulo SABESP <br> (SBSP3 BZ)<br>| 28000 | 686110 |
|  | Cia de Saneamento de <br> Minas Gerais <br> Copasa MG<br>| 41300 | 290101 |
|  | Cia De Sanena Do <br> Parana (SAPR11 <br> BZ)<br>| 66800 | 428120 |
|  | Cia De Sanena Do <br> Parana (SAPR3 BZ)<br>| 49000 | 65030 |
|  | Cia Energetica de <br> Minas Gerais <br> (CMIG3 BZ)<br>| 68013 | 183814 |
|  | Cia Paranaense de <br> Energia - Copel<br>| 132329 | 322463 |
|  | Cia Siderurgica <br> Nacional SA <br> (CSNA3 BZ)<br>| 289646 | 508231 |
|  | Cogna Educacao SA | 795158 | 552773 |
|  | Construtora Tenda SA | 25800 | 113032 |
| \* | Cosan SA | 72962 | 83405 |
|  | CPFL Energia SA | 21169 | 163687 |
|  | Cruzeiro do Sul <br> Educacional SA<br>| 100500 | 108907 |
|  | CSU Digital SA | 7400 | 24552 |
|  | Cury Construtora e <br> Incorporadora SA<br>| 50200 | 326023 |
|  | Cyrela Brazil Realty <br> SA <br> Empreendimentos e <br> Participacoes<br>| 89900 | 509160 |
| Ω | Desktop SA | 45900 | 130535 |
|  | Dexco SA | 135919 | 135415 |
|  | Dimed SA Distribuidora <br> da Medicamentos<br>| 32800 | 57248 |
|  | Direcional Engenharia <br> SA<br>| 88863 | 280466 |
|  | EcoRodovias <br> Infraestrutura e <br> Logistica SA<br>| 78600 | 116440 |
|  | Embraer SA (EMBR3 <br> BZ)<br>| 17800 | 287813 |
|  | Embraer SA (ERJ US), <br> Sponsored ADR<br>| 5048 | 325495 |

---

703

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Empreendimentos <br> Pague Menos SA<br>| 92983 | $67405 |
|  | Energisa SA | 50391 | 485463 |
| \* | Eneva SA | 116924 | 397936 |
|  | Engie Brasil Energia <br> SA<br>| 31000 | 230485 |
|  | Equatorial Energia SA | 116415 | 793057 |
|  | Eternit SA | 11831 | 9148 |
|  | Even Construtora e <br> Incorporadora SA<br>| 45200 | 62592 |
|  | Ez Tec <br> Empreendimentos e <br> Participacoes SA<br>| 41800 | 144126 |
|  | Fleury SA | 84097 | 227439 |
|  | Fras-Le SA | 12990 | 55413 |
| # | Gerdau SA, Sponsored <br> ADR<br>| 208348 | 727135 |
| Ω | GPS Participacoes e <br> Empreendimentos <br> SA<br>| 49352 | 174477 |
|  | Grendene SA | 103598 | 101288 |
|  | Grupo Mateus SA | 138002 | 165194 |
|  | Grupo SBF SA | 45800 | 109904 |
|  | Guararapes <br> Confeccoes SA<br>| 39800 | 74940 |
| \*Ω | Hapvida Participacoes <br> e Investimentos SA<br>| 43640 | 253731 |
|  | Hypera SA | 96363 | 462833 |
|  | Intelbras SA Industria <br> de Telecomunicacao <br> Eletronica Brasileira<br>| 7898 | 17558 |
|  | Iochpe Maxion SA | 37600 | 76529 |
|  | Irani Papel e <br> Embalagem SA<br>| 33300 | 55212 |
| \* | IRB-Brasil Resseguros <br> SA<br>| 29015 | 266097 |
| \* | Jalles Machado SA | 60949 | 31041 |
| \* | JBS NV, BDR | 86831 | 1153830 |
|  | JHSF Participacoes <br> SA<br>| 146300 | 179206 |
|  | JSL SA | 36000 | 36134 |
|  | Kepler Weber SA | 42500 | 73072 |
|  | Klabin SA | 318965 | 1069551 |
|  | Lavvi <br> Empreendimentos <br> Imobiliarios SA<br>| 23722 | 65920 |
|  | Localiza Rent a Car <br> SA<br>| 163591 | 1199273 |
|  | LOG Commercial <br> Properties e <br> Participacoes SA<br>| 12500 | 55066 |
| \* | Log-in Logistica <br> Intermodal SA<br>| 2700 | 16561 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Lojas Quero-Quero <br> SA<br>| 65679 | $25637 |
|  | Lojas Renner SA | 314903 | 868625 |
| Ω | LWSA SA | 117827 | 85633 |
|  | M Dias Branco SA | 15121 | 82407 |
|  | Magazine Luiza SA | 107722 | 169594 |
|  | Mahle Metal Leve SA | 16300 | 90378 |
|  | Marcopolo SA | 59680 | 75655 |
|  | MBRF Global Foods <br> Co. SA<br>| 83950 | 278848 |
| \*Ω | Meliuz SA | 41224 | 34251 |
|  | Melnick Even <br> Desenvolvimento <br> Imobiliario SA<br>| 39400 | 28781 |
|  | Mills Locacao Servicos <br> e Logistica SA<br>| 59365 | 144000 |
| \* | Minerva SA | 56414 | 75289 |
| Ω | Mitre Realty <br> Empreendimentos E <br> Participacoes LTDA<br>| 15300 | 10409 |
|  | Motiva Infraestrutura <br> de Mobilidade SA<br>| 179519 | 529886 |
|  | Moura Dubeux <br> Engenharia SA<br>| 22406 | 115155 |
|  | Movida Participacoes <br> SA<br>| 65109 | 99117 |
|  | MPM Corporeos SA | 49534 | 10588 |
| \* | MRV Engenharia e <br> Participacoes SA<br>| 126876 | 178288 |
|  | Multiplan <br> Empreendimentos <br> Imobiliarios SA<br>| 56493 | 288663 |
| \* | Natura Cosmeticos SA | 243682 | 408103 |
|  | Neoenergia SA | 35807 | 194212 |
| \* | Oceanpact Servicos <br> Maritimos SA<br>| 56000 | 79004 |
|  | Odontoprev SA | 77420 | 183191 |
| \* | Oncoclinicas do Brasil <br> Servicos Medicos <br> SA<br>| 34929 | 14089 |
| \* | Orizon Valorizacao de <br> Residuos SA<br>| 4156 | 42843 |
|  | Pet Center Comercio e <br> Participacoes SA<br>| 58396 | 40378 |
|  | Petroleo Brasileiro SA - <br> Petrobras<br>| 733002 | 4293143 |
|  | Petroleo Brasileiro SA - <br> Petrobras (PBRA <br> US), Sponsored <br> ADR<br>| 221043 | 2442525 |
|  | Petroreconcavo SA | 50797 | 117269 |

---

704

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Plano & Plano <br> Desenvolvimento <br> Imobiliario SA<br>| 20800 | $56485 |
|  | Porto Seguro SA | 41000 | 366184 |
|  | Positivo Tecnologia <br> SA<br>| 49600 | 37892 |
|  | Priner Servicos <br> Industriais SA<br>| 16177 | 46006 |
| \* | PRIO SA | 177034 | 1185612 |
|  | Profarma Distribuidora <br> de Produtos <br> Farmaceuticos SA<br>| 4800 | 7494 |
|  | Qualicorp Consultoria <br> e Corretora de <br> Seguros SA<br>| 118300 | 59590 |
|  | Raia Drogasil SA | 61260 | 227734 |
| Ω | Rede D'Or Sao Luiz <br> SA<br>| 15717 | 126613 |
|  | Romi SA | 13303 | 20128 |
|  | Rumo SA | 81376 | 240803 |
|  | Sao Carlos <br> Empreendimentos e <br> Participacoes SA<br>| 3638 | 14153 |
|  | Sao Martinho SA | 56621 | 147763 |
|  | Sendas Distribuidora <br> SA (ASAI3 BZ)<br>| 455639 | 728352 |
| Ω | Ser Educacional SA | 56800 | 107478 |
|  | Simpar SA | 126800 | 108889 |
|  | SLC Agricola SA | 55056 | 165272 |
|  | Smartfit Escola de <br> Ginastica e Danca <br> SA<br>| 91269 | 427170 |
|  | Suzano SA (SUZB3 <br> BZ)<br>| 107492 | 976828 |
|  | Tegma Gestao <br> Logistica SA<br>| 15400 | 104280 |
| # | Telefonica Brasil SA <br> (VIV US), ADR<br>| 11295 | 134749 |
|  | Telefonica Brasil SA <br> (VIVT3 BZ)<br>| 54320 | 323500 |
|  | TIM SA | 176200 | 795527 |
|  | TOTVS SA | 44388 | 366081 |
|  | Transmissora Alianca <br> de Energia Eletrica <br> SA<br>| 71600 | 507060 |
|  | Tres Tentos <br> Agroindustrial SA<br>| 32995 | 98189 |
|  | Trisul SA | 30600 | 43455 |
|  | Tupy SA | 19600 | 45102 |
|  | Ultrapar Participacoes <br> SA (UGPA3 BZ)<br>| 132626 | 527797 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Unifique <br> Telecomunicacoes <br> SA<br>| 50200 | $44975 |
|  | Unipar Carbocloro SA | 5775 | 64298 |
| \* | Usinas Siderurgicas de <br> Minas Gerais SA <br> Usiminas<br>| 25300 | 26476 |
|  | Vale SA (VALE US), <br> Sponsored ADR<br>| 261986 | 3167411 |
|  | Vale SA (VALE3 BZ) | 183800 | 2229535 |
|  | Valid Solucoes e <br> Servicos de <br> Seguranca em <br> Meios de <br> Pagamento e <br> Identificacao SA<br>| 25700 | 105810 |
|  | Vamos Locacao de <br> Caminhoes <br> Maquinas e <br> Equipamentos SA<br>| 147985 | 89122 |
|  | Veste SA Estilo | 8910 | 7867 |
|  | Vibra Energia SA | 270973 | 1198739 |
|  | Vittia SA | 6400 | 5746 |
|  | Vivara Participacoes <br> SA<br>| 38400 | 222694 |
|  | Vulcabras SA | 17164 | 73697 |
|  | WEG SA | 100500 | 786448 |
|  | Wiz Co. | 25600 | 39542 |
|  | YDUQS Participacoes <br> SA<br>| 99667 | 263249 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 50290031 |
| CHILE — (0.7%) | CHILE — (0.7%) | CHILE — (0.7%) | CHILE — (0.7%) |
|  | Administradora de <br> Fondos de <br> Pensiones Habitat <br> SA<br>| 28061 | 43410 |
|  | Aguas Andinas SA, <br> Class A<br>| 640658 | 244111 |
|  | Banco de Chile (BCH <br> US), ADR<br>| 18151 | 633651 |
|  | Banco de Credito e <br> Inversiones SA<br>| 8124 | 416934 |
|  | Banco Itau Chile SA | 2790 | 50658 |
|  | Banco Santander Chile <br> (BSAC US), ADR<br>| 8394 | 240908 |
|  | Banco Santander Chile <br> (BSAN CI)<br>| 3224173 | 232956 |
|  | Besalco SA | 26160 | 30749 |
|  | Bicecorp SA | 375288 | 131392 |
| \* | CAP SA | 17352 | 115951 |
|  | Cencosud SA | 199500 | 617934 |

---

705

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHILE — (Continued) | CHILE — (Continued) | CHILE — (Continued) | CHILE — (Continued) |
|  | Cencosud Shopping <br> SA<br>| 75632 | $179367 |
|  | Cia Cervecerias <br> Unidas SA (CCU <br> CI)<br>| 38448 | 244903 |
| # | Cia Cervecerias <br> Unidas SA (CCU <br> US), Sponsored <br> ADR<br>| 2514 | 32431 |
|  | Cia Sud Americana de <br> Vapores SA<br>| 4797328 | 238463 |
|  | Colbun SA | 1652012 | 248290 |
|  | Embotelladora Andina <br> SA, ADR, Class B<br>| 11505 | 311325 |
|  | Empresa Nacional de <br> Telecomunicaciones <br> SA<br>| 85373 | 406675 |
|  | Empresas CMPC SA | 167426 | 241791 |
|  | Empresas Copec SA | 66185 | 472798 |
|  | Enel Americas SA <br> (ENELAM CI)<br>| 1190699 | 112571 |
|  | Enel Chile SA <br> (ENELCHIL CI)<br>| 2979451 | 227415 |
|  | Engie Energia Chile <br> SA<br>| 147721 | 212808 |
|  | Falabella SA | 30229 | 190351 |
|  | Forus SA | 13556 | 31341 |
|  | Instituto de Diagnostico <br> SA<br>| 5827 | 16801 |
|  | Inversiones Aguas <br> Metropolitanas SA<br>| 183489 | 185032 |
|  | Inversiones La <br> Construccion SA<br>| 16231 | 258346 |
|  | Latam Airlines Group <br> SA<br>| 17898107 | 406765 |
| # | Latam Airlines Group <br> SA, ADR<br>| 2442 | 109866 |
| \* | Multiexport Foods SA | 50860 | 14098 |
|  | Parque Arauco SA | 129176 | 360145 |
|  | Plaza SA | 95040 | 267440 |
|  | Ripley Corp. SA | 389092 | 189057 |
|  | Salfacorp SA | 242422 | 266264 |
|  | Sigdo Koppers SA | 25113 | 36535 |
|  | SMU SA | 1132190 | 184103 |
|  | Sociedad Matriz SAAM <br> SA<br>| 1087608 | 144011 |
| #\* | Sociedad Quimica y <br> Minera de Chile SA, <br> Sponsored ADR<br>| 3338 | 163529 |
|  | SONDA SA | 206223 | 74799 |
|  | Vina Concha y Toro <br> SA<br>| 164302 | 179154 |
| TOTAL CHILE | TOTAL CHILE |  | 8765128 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COLOMBIA — (0.2%) | COLOMBIA — (0.2%) | COLOMBIA — (0.2%) | COLOMBIA — (0.2%) |
|  | Celsia SA | 80851 | $102567 |
|  | Cementos Argos SA | 85190 | 228077 |
| \* | Corp. Financiera <br> Colombiana SA<br>| 48312 | 228358 |
|  | Grupo Argos SA | 74128 | 334614 |
|  | Grupo Cibest SA | 23541 | 381696 |
|  | Grupo Cibest SA, <br> ADR<br>| 8441 | 489916 |
|  | Grupo de Inversiones <br> Suramericana SA<br>| 19039 | 231451 |
|  | Grupo Energia Bogota <br> SA ESP<br>| 166611 | 136153 |
|  | Interconexion Electrica <br> SA ESP<br>| 26154 | 169625 |
|  | Mineros SA | 59641 | 210425 |
|  | Organizacion Terpel <br> SA<br>| 16709 | 71350 |
|  | Promigas SA ESP | 7558 | 12607 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 2596839 |
| CZECH REPUBLIC — (0.2%) | CZECH REPUBLIC — (0.2%) | CZECH REPUBLIC — (0.2%) | CZECH REPUBLIC — (0.2%) |
|  | CEZ AS | 15989 | 979144 |
|  | Komercni Banka AS | 7982 | 408328 |
| Ω | Moneta Money Bank <br> AS<br>| 88265 | 747119 |
|  | Philip Morris CR AS | 169 | 144069 |
| TOTAL CZECH <br> REPUBLIC | TOTAL CZECH <br> REPUBLIC |  | 2278660 |
| EGYPT — (0.0%) | EGYPT — (0.0%) | EGYPT — (0.0%) | EGYPT — (0.0%) |
|  | Commercial <br> International Bank - <br> Egypt (CIB) (CBKD <br> LI), GDR<br>| 55885 | 119147 |
|  | Commercial <br> International Bank - <br> Egypt (CIB) <br> (CMGGF US), GDR<br>| 131835 | 281469 |
| TOTAL EGYPT | TOTAL EGYPT |  | 400616 |
| FRANCE — (0.0%) | FRANCE — (0.0%) | FRANCE — (0.0%) | FRANCE — (0.0%) |
|  | Carrefour SA, BDR | 20662 | 327676 |
| GREECE — (0.8%) | GREECE — (0.8%) | GREECE — (0.8%) | GREECE — (0.8%) |
|  | Aegean Airlines SA | 11869 | 180159 |
| \* | Aktor SA Holding Co. <br> Technical & Energy <br> Projects<br>| 6251 | 60666 |
|  | Alpha Bank SA | 262104 | 1027502 |
|  | Athens International <br> Airport SA<br>| 10406 | 120124 |

---

706

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) |
|  | Athens Water Supply & <br> Sewage Co. SA<br>| 7308 | $58487 |
|  | Autohellas Tourist & <br> Trading SA<br>| 4052 | 51670 |
|  | Avax SA | 8062 | 22272 |
|  | Bank of Greece | 5783 | 98697 |
|  | Ellaktor SA | 24740 | 44394 |
| # | ElvalHalcor SA | 19905 | 73364 |
|  | Eurobank Ergasias <br> Services & Holdings <br> SA<br>| 249311 | 937809 |
|  | Fourlis Holdings SA | 13371 | 63243 |
|  | GEK Terna SA | 15008 | 400562 |
|  | Hellenic Exchanges - <br> Athens Stock <br> Exchange SA<br>| 13812 | 99328 |
|  | Hellenic <br> Telecommunications <br> Organization SA<br>| 19276 | 361980 |
|  | Helleniq Energy <br> Holdings SA<br>| 41283 | 363107 |
|  | Holding Co. ADMIE <br> IPTO SA<br>| 34528 | 118728 |
|  | Ideal Holdings SA | 3864 | 26160 |
| # | Intracom Holdings SA | 17092 | 65830 |
|  | Jumbo SA | 15454 | 490397 |
|  | Kri-Kri Milk Industry <br> SA<br>| 3698 | 83913 |
| \* | LAMDA Development <br> SA<br>| 19123 | 163109 |
| \* | Metlen Energy & <br> Metals PLC<br>| 17887 | 906427 |
|  | Motor Oil Hellas <br> Corinth Refineries <br> SA<br>| 15859 | 475255 |
|  | National Bank of <br> Greece SA<br>| 42409 | 623349 |
|  | OPAP SA | 16415 | 339367 |
| # | Optima bank SA | 32733 | 303133 |
|  | Piraeus Financial <br> Holdings SA<br>| 144597 | 1129333 |
|  | Piraeus Port Authority <br> SA<br>| 2285 | 113253 |
|  | Profile Systems & <br> Software SA<br>| 1902 | 15803 |
|  | Public Power Corp. <br> SA<br>| 16808 | 291907 |
|  | Quest Holdings SA | 10392 | 84384 |
|  | Sarantis SA | 6337 | 92122 |
|  | Thrace Plastics <br> Holding & Co.<br>| 6640 | 29793 |
|  | Titan SA (TITC BB) | 7464 | 331559 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) |
|  | Titan SA (TITC GA) | 1862 | $83371 |
| TOTAL GREECE | TOTAL GREECE |  | 9730557 |
| HUNGARY — (0.3%) | HUNGARY — (0.3%) | HUNGARY — (0.3%) | HUNGARY — (0.3%) |
| #\* | 4iG Nyrt | 8332 | 99535 |
|  | ANY Security Printing <br> Co.<br>| 1850 | 38478 |
|  | Magyar Telekom <br> Telecommunications <br> PLC<br>| 90034 | 471883 |
|  | MOL Hungarian Oil & <br> Gas PLC<br>| 82848 | 728798 |
|  | Opus Global Nyrt | 41353 | 67189 |
|  | OTP Bank Nyrt | 21900 | 2090473 |
|  | Richter Gedeon Nyrt | 5839 | 179865 |
| TOTAL HUNGARY | TOTAL HUNGARY |  | 3676221 |
| INDIA — (23.2%) | INDIA — (23.2%) | INDIA — (23.2%) | INDIA — (23.2%) |
|  | 360 ONE WAM Ltd. | 17248 | 210551 |
|  | 3M India Ltd. | 572 | 190542 |
|  | 63 Moons <br> Technologies Ltd.<br>| 8503 | 76289 |
|  | Aarti Drugs Ltd. | 10228 | 56489 |
|  | Aarti Industries Ltd. | 26945 | 115561 |
|  | Aarti Pharmalabs Ltd. | 15040 | 143506 |
| \* | Aavas Financiers Ltd. | 14079 | 261509 |
|  | ABB India Ltd. | 4772 | 280698 |
|  | ACC Ltd. | 8850 | 187160 |
|  | Accelya Solutions India <br> Ltd.<br>| 1250 | 19530 |
|  | Action Construction <br> Equipment Ltd.<br>| 12494 | 154982 |
| \* | Adani Energy Solutions <br> Ltd.<br>| 96278 | 1061806 |
|  | Adani Enterprises Ltd. | 5614 | 156345 |
| \* | Adani Green Energy <br> Ltd.<br>| 2031 | 25959 |
|  | Adani Ports & Special <br> Economic Zone Ltd.<br>| 76355 | 1247856 |
| \* | Adani Power Ltd. | 597935 | 1062652 |
|  | Adani Total Gas Ltd. | 28502 | 202110 |
|  | ADF Foods Ltd. | 15698 | 39095 |
| \* | Aditya Birla Capital <br> Ltd.<br>| 161410 | 591195 |
| \* | Aditya Birla Fashion & <br> Retail Ltd.<br>| 65024 | 59435 |
| \* | Aditya Birla Lifestyle <br> Brands Ltd.<br>| 65024 | 97930 |
|  | Aditya Birla Real <br> Estate Ltd.<br>| 9815 | 209019 |
|  | Aditya Birla Sun Life <br> Asset Management <br> Co. Ltd.<br>| 14092 | 120214 |

---

707

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| Ω | Aditya Vision Ltd. | 2682 | $17202 |
|  | Advanced Enzyme <br> Technologies Ltd.<br>| 17159 | 59314 |
|  | Advent Hotels <br> International Pvt <br> Ltd.<br>| 4757 | 16757 |
|  | Aegis Logistics Ltd. | 32753 | 275223 |
|  | Aeroflex Industries <br> Ltd.<br>| 5898 | 12412 |
| \* | Aether Industries Ltd. | 8359 | 70839 |
|  | AGI Greenpac Ltd. | 9186 | 85030 |
|  | Ahluwalia Contracts <br> India Ltd.<br>| 11417 | 121937 |
|  | AIA Engineering Ltd. | 12890 | 473835 |
|  | Ajanta Pharma Ltd. | 13477 | 374982 |
|  | Ajmera Realty & Infra <br> India Ltd.<br>| 5651 | 68096 |
|  | Akzo Nobel India Ltd. | 2999 | 109729 |
|  | Alembic Ltd. | 33100 | 37114 |
|  | Alembic <br> Pharmaceuticals <br> Ltd.<br>| 18458 | 186882 |
|  | Alkem Laboratories <br> Ltd.<br>| 5869 | 362671 |
|  | Alkyl Amines <br> Chemicals<br>| 4618 | 96534 |
|  | Allcargo Logistics Ltd. | 101641 | 39283 |
|  | Amara Raja Energy & <br> Mobility Ltd.<br>| 51932 | 587749 |
| \* | Amber Enterprises <br> India Ltd.<br>| 5383 | 486600 |
|  | Ambika Cotton Mills <br> Ltd.<br>| 566 | 8671 |
|  | Ambuja Cements Ltd. | 65025 | 413786 |
|  | Amrutanjan Health <br> Care Ltd.<br>| 3492 | 28542 |
|  | Anant Raj Ltd. | 36315 | 263268 |
|  | Andhra Sugars Ltd.  | 11068 | 10159 |
|  | Angel One Ltd. | 21910 | 615790 |
| \* | Antelopus Selan <br> Energy Ltd.<br>| 3303 | 21351 |
| \*Ω | Antony Waste Handling <br> Cell Ltd.<br>| 6735 | 41228 |
|  | Anup Engineering Ltd. | 3082 | 80516 |
|  | Anupam Rasayan India <br> Ltd.<br>| 3436 | 41347 |
|  | Apar Industries Ltd. | 4913 | 479503 |
|  | Apcotex Industries <br> Ltd.<br>| 7545 | 30326 |
|  | APL Apollo Tubes Ltd. | 24600 | 497642 |
|  | Apollo Hospitals <br> Enterprise Ltd.<br>| 13882 | 1200668 |
|  | Apollo Micro Systems <br> Ltd.<br>| 59115 | 184620 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Apollo Pipes Ltd. | 1408 | $4909 |
|  | Apollo Tyres Ltd. | 130244 | 735068 |
|  | Aptus Value Housing <br> Finance India Ltd.<br>| 94254 | 338230 |
| \* | Arman Financial <br> Services Ltd.<br>| 2204 | 40592 |
|  | Artemis Medicare <br> Services Ltd.<br>| 9823 | 27419 |
|  | Arvind Fashions Ltd. | 28086 | 158841 |
|  | Arvind Ltd. | 62284 | 224519 |
|  | Arvind SmartSpaces <br> Ltd.<br>| 2067 | 14890 |
|  | Asahi India Glass Ltd. | 25934 | 269198 |
|  | Ashapura Minechem <br> Ltd.<br>| 9804 | 73474 |
|  | Ashiana Housing Ltd. | 14741 | 46490 |
|  | Ashok Leyland Ltd. | 806476 | 1283124 |
| \* | Ashoka Buildcon Ltd. | 67324 | 155674 |
|  | Asian Paints Ltd. | 30223 | 854459 |
|  | Associated Alcohols & <br> Breweries Ltd.<br>| 3899 | 53259 |
| Ω | Aster DM Healthcare <br> Ltd.<br>| 70402 | 537497 |
|  | Astra Microwave <br> Products Ltd.<br>| 10836 | 127294 |
|  | Astral Ltd. | 12545 | 204460 |
|  | AstraZeneca Pharma <br> India Ltd.<br>| 1328 | 142244 |
|  | Atul Ltd. | 3839 | 249590 |
| Ω | AU Small Finance <br> Bank Ltd.<br>| 71553 | 705479 |
|  | AurionPro Solutions <br> Ltd.<br>| 4452 | 60542 |
|  | Aurobindo Pharma <br> Ltd.<br>| 64911 | 836397 |
|  | Automotive Axles Ltd. | 895 | 17120 |
|  | Avadh Sugar & Energy <br> Ltd.<br>| 3168 | 15424 |
|  | Avantel Ltd. | 38083 | 73630 |
|  | Avanti Feeds Ltd. | 16537 | 129783 |
| \*Ω | Avenue Supermarts <br> Ltd.<br>| 4658 | 217764 |
| \* | AWL Agri Business <br> Ltd.<br>| 64859 | 200038 |
|  | Axis Bank Ltd. (AXSB <br> IN)<br>| 296921 | 4118851 |
| \* | AXISCADES <br> Technologies Ltd.<br>| 1290 | 23279 |
|  | Bajaj Auto Ltd. | 7571 | 758648 |
| \* | Bajaj Consumer Care <br> Ltd.<br>| 22410 | 69930 |
|  | Bajaj Finance Ltd. | 325118 | 3826438 |
|  | Bajaj Finserv Ltd. | 28992 | 681955 |

---

708

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Bajaj Hindusthan <br> Sugar Ltd.<br>| 122007 | $30329 |
|  | Bajaj Holdings & <br> Investment Ltd.<br>| 3089 | 428478 |
|  | Balaji Amines Ltd. | 1650 | 26101 |
|  | Balkrishna Industries <br> Ltd.<br>| 18179 | 467567 |
|  | Balmer Lawrie & Co. <br> Ltd.<br>| 21317 | 48356 |
|  | Balrampur Chini Mills <br> Ltd.<br>| 42518 | 219429 |
|  | Balu Forge Industries <br> Ltd.<br>| 1139 | 8162 |
|  | Banco Products India <br> Ltd.<br>| 16872 | 134847 |
| Ω | Bandhan Bank Ltd. | 265828 | 467990 |
|  | Bank of Baroda | 154395 | 483243 |
|  | Bank of India | 155774 | 245562 |
|  | Bank of Maharashtra | 262660 | 174808 |
|  | Bannari Amman <br> Sugars Ltd.<br>| 618 | 25040 |
|  | BASF India Ltd. | 3607 | 179143 |
|  | Bata India Ltd. | 14618 | 175719 |
|  | Bayer CropScience <br> Ltd.<br>| 4265 | 234266 |
|  | BCL Industries Ltd. | 57245 | 25654 |
|  | BEML Ltd. | 2206 | 108950 |
|  | Berger Paints India <br> Ltd.<br>| 32623 | 198836 |
| \* | BF Utilities Ltd. | 5803 | 48064 |
|  | Bhagiradha Chemicals <br> & Industries Ltd.<br>| 3660 | 10224 |
|  | Bhansali Engineering <br> Polymers Ltd.<br>| 47575 | 52828 |
|  | Bharat Bijlee Ltd. | 2394 | 81540 |
|  | Bharat Dynamics Ltd. | 2525 | 43601 |
|  | Bharat Electronics Ltd. | 342534 | 1642910 |
|  | Bharat Forge Ltd. | 46148 | 685958 |
|  | Bharat Heavy <br> Electricals Ltd.<br>| 128328 | 381949 |
|  | Bharat Petroleum <br> Corp. Ltd.<br>| 147195 | 589510 |
|  | Bharat Rasayan Ltd. | 365 | 44487 |
|  | Bharti Airtel Ltd. | 313099 | 7274174 |
|  | Biocon Ltd. | 85680 | 359795 |
|  | Birla Corp. Ltd. | 6698 | 88380 |
|  | BirlaNu Ltd. | 1089 | 23464 |
|  | Birlasoft Ltd. | 47548 | 198497 |
| \* | BL Kashyap & Sons <br> Ltd.<br>| 20182 | 13430 |
|  | Black Box Ltd. | 12051 | 71841 |
|  | Bliss Gvs Pharma Ltd. | 7243 | 12787 |
|  | BLS International <br> Services Ltd.<br>| 15031 | 53241 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Blue Dart Express Ltd. | 1964 | $143642 |
|  | Blue Star Ltd. | 21273 | 462038 |
| \* | Bluspring Enterprises <br> Ltd.<br>| 25700 | 23327 |
|  | Bombay Burmah <br> Trading Co.<br>| 9103 | 203274 |
|  | Bombay Dyeing & <br> Manufacturing Co. <br> Ltd.<br>| 39140 | 72276 |
| \* | Borosil Ltd. | 11332 | 43628 |
| \* | Borosil Renewables <br> Ltd.<br>| 3713 | 26917 |
| \* | Borosil Scientific Ltd. | 1931 | 2979 |
|  | Bosch Ltd. | 314 | 131772 |
|  | Brigade Enterprises <br> Ltd.<br>| 40583 | 473387 |
| \* | Brightcom Group Ltd. | 479160 | 73443 |
|  | Britannia Industries <br> Ltd.<br>| 14660 | 965929 |
|  | BSE Ltd. | 32628 | 911889 |
| \* | Camlin Fine Sciences <br> Ltd.<br>| 22865 | 50176 |
|  | Campus Activewear <br> Ltd.<br>| 29039 | 91247 |
|  | Can Fin Homes Ltd. | 31355 | 304512 |
|  | Canara Bank | 337267 | 518909 |
|  | Cantabil Retail India <br> Ltd.<br>| 6559 | 19207 |
| \* | Capacit'e Infraprojects <br> Ltd.<br>| 16597 | 53382 |
|  | Capital Small Finance <br> Bank Ltd.<br>| 3274 | 10419 |
|  | Caplin Point <br> Laboratories Ltd.<br>| 7519 | 171680 |
|  | Carborundum <br> Universal Ltd.<br>| 22547 | 229334 |
|  | Care Ratings Ltd. | 6691 | 120444 |
| \* | Cartrade Tech Ltd. | 11870 | 400823 |
|  | Carysil Ltd. | 5598 | 58869 |
|  | Castrol India Ltd. | 123693 | 271409 |
|  | CCL Products India <br> Ltd.<br>| 24480 | 237518 |
|  | CE Info Systems Ltd. | 3314 | 67732 |
|  | Ceat Ltd. | 9788 | 443936 |
|  | Cello World Ltd. | 7189 | 53053 |
|  | Cemindia Projects Ltd. | 24738 | 226327 |
|  | Central Depository <br> Services India Ltd.<br>| 30886 | 553368 |
|  | Centum Electronics <br> Ltd.<br>| 801 | 22831 |
|  | Century Enka Ltd. | 4205 | 21994 |
|  | Century Plyboards <br> India Ltd.<br>| 20093 | 170378 |

---

709

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Cera Sanitaryware <br> Ltd.<br>| 1011 | $71114 |
|  | CESC Ltd. | 131865 | 267037 |
|  | CG Power & Industrial <br> Solutions Ltd.<br>| 90758 | 751666 |
| \* | Chalet Hotels Ltd. | 17564 | 187819 |
|  | Chambal Fertilisers & <br> Chemicals Ltd.<br>| 79922 | 432808 |
| \* | Chemplast Sanmar <br> Ltd.<br>| 13689 | 61356 |
|  | Chennai Petroleum <br> Corp. Ltd.<br>| 8882 | 97077 |
| \* | Choice International <br> Ltd.<br>| 16047 | 150929 |
|  | Cholamandalam <br> Financial Holdings <br> Ltd.<br>| 43976 | 942960 |
|  | Cholamandalam <br> Investment & <br> Finance Co. Ltd.<br>| 54035 | 1035167 |
|  | CIE Automotive India <br> Ltd.<br>| 53868 | 261103 |
| \* | Cigniti Technologies <br> Ltd.<br>| 3495 | 67860 |
|  | Cipla Ltd. | 104440 | 1766297 |
|  | City Union Bank Ltd. | 182102 | 462161 |
|  | Clean Science & <br> Technology Ltd.<br>| 6823 | 77568 |
|  | CMS Info Systems <br> Ltd.<br>| 62852 | 263589 |
|  | Coal India Ltd. | 121736 | 533290 |
| Ω | Cochin Shipyard Ltd. | 10374 | 209136 |
|  | Coforge Ltd. | 44196 | 888011 |
| \* | Cohance Lifesciences <br> Ltd.<br>| 12529 | 105896 |
|  | Colgate-Palmolive <br> India Ltd.<br>| 24130 | 611450 |
|  | Computer Age <br> Management <br> Services Ltd.<br>| 13712 | 605892 |
|  | Concord Biotech Ltd. | 4273 | 69790 |
|  | Confidence Petroleum <br> India Ltd.<br>| 66586 | 31096 |
|  | Container Corp. of <br> India Ltd.<br>| 31519 | 194144 |
|  | Control Print Ltd. | 1774 | 14686 |
|  | Coromandel <br> International Ltd.<br>| 22555 | 542497 |
|  | Cosmo First Ltd. | 5458 | 50998 |
|  | Craftsman Automation <br> Ltd.<br>| 3859 | 289710 |
| \* | CreditAccess Grameen <br> Ltd.<br>| 18493 | 293708 |
|  | CRISIL Ltd. | 3911 | 217431 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Crompton Greaves <br> Consumer <br> Electricals Ltd.<br>| 181805 | $578847 |
| \* | CSB Bank Ltd. | 18955 | 88599 |
|  | Cummins India Ltd. | 16927 | 828864 |
|  | Cyient Ltd. | 28056 | 368140 |
| \*Ω | D.P. Abhushan Ltd. | 1177 | 18681 |
|  | Dabur India Ltd. | 61191 | 336309 |
|  | Dalmia Bharat Ltd. | 14444 | 341210 |
| \* | Dalmia Bharat <br> Refractories Ltd.<br>| 57 | 0 |
|  | Dalmia Bharat Sugar & <br> Industries Ltd.<br>| 2751 | 10716 |
|  | Datamatics Global <br> Services Ltd.<br>| 1601 | 16828 |
|  | DB Corp. Ltd. | 26479 | 80042 |
|  | DCB Bank Ltd. | 62365 | 111035 |
|  | DCM Shriram <br> Industries Ltd.<br>| 16478 | 32388 |
|  | DCM Shriram Ltd. | 10202 | 147464 |
|  | DCW Ltd. | 61842 | 44074 |
|  | Ddev Plastiks <br> Industries Ltd.<br>| 3541 | 12018 |
|  | Deep Industries Ltd. | 10711 | 58284 |
|  | Deepak Fertilisers & <br> Petrochemicals <br> Corp. Ltd.<br>| 21736 | 364072 |
|  | Deepak Nitrite Ltd. | 15119 | 293389 |
| \* | Delhivery Ltd. | 139098 | 730828 |
|  | Delta Corp. Ltd. | 30055 | 26365 |
| \* | Devyani International <br> Ltd.<br>| 129170 | 234629 |
| \* | Dhanlaxmi Bank Ltd. | 78664 | 23364 |
|  | Dhanuka Agritech Ltd. | 6280 | 96507 |
| \* | Digitide Solutions Ltd. | 25700 | 46111 |
| Ω | Dilip Buildcon Ltd. | 16079 | 89583 |
| \* | Dish TV India Ltd. | 327685 | 16426 |
| \* | Dishman Carbogen <br> Amcis Ltd.<br>| 22821 | 74894 |
|  | Divi's Laboratories <br> Ltd.<br>| 6555 | 498534 |
|  | Dixon Technologies <br> India Ltd.<br>| 6528 | 1138330 |
|  | DLF Ltd. | 55890 | 476724 |
|  | D-Link India Ltd. | 6113 | 31591 |
|  | Dodla Dairy Ltd. | 6813 | 99336 |
|  | Dollar Industries Ltd. | 4851 | 19524 |
| Ω | Dr. Lal PathLabs Ltd. | 15647 | 553411 |
| # | Dr. Reddy's <br> Laboratories Ltd., <br> ADR<br>| 63257 | 840686 |
|  | Dr. Reddy's <br> Laboratories Ltd. <br> (DRRD IN)<br>| 44832 | 603427 |

---

710

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Dwarikesh Sugar <br> Industries Ltd.<br>| 61056 | $29873 |
|  | Dynacons Systems & <br> Solutions Ltd.<br>| 1487 | 15395 |
|  | Dynamatic <br> Technologies Ltd.<br>| 455 | 40503 |
| \* | Easy Trip Planners <br> Ltd.<br>| 285129 | 25558 |
|  | eClerx Services Ltd. | 8402 | 447663 |
|  | Edelweiss Financial <br> Services Ltd.<br>| 202329 | 258178 |
|  | Eicher Motors Ltd. | 16833 | 1328817 |
| \* | EID Parry India Ltd. | 33292 | 403229 |
|  | EIH Associated Hotels | 6270 | 26937 |
|  | EIH Ltd. | 63235 | 277505 |
|  | Eimco Elecon India <br> Ltd.<br>| 585 | 12307 |
|  | Elecon Engineering <br> Co. Ltd.<br>| 23266 | 146849 |
| \* | Electronics Mart India <br> Ltd.<br>| 30323 | 51598 |
|  | Electrosteel Castings <br> Ltd.<br>| 135133 | 139031 |
|  | Elgi Equipments Ltd. | 51873 | 290313 |
|  | Emami Ltd. | 61706 | 370983 |
| \* | Embassy <br> Developments Ltd.<br>| 119619 | 125587 |
|  | Emcure <br> Pharmaceuticals <br> Ltd.<br>| 3354 | 49844 |
| Ω | Endurance <br> Technologies Ltd.<br>| 6676 | 213393 |
|  | Engineers India Ltd. | 73378 | 166298 |
|  | Epigral Ltd. | 5169 | 98335 |
|  | EPL Ltd. | 54989 | 124883 |
| \*Ω | Equitas Small Finance <br> Bank Ltd.<br>| 117435 | 75560 |
| Ω | Eris Lifesciences Ltd. | 15273 | 274691 |
|  | ESAB India Ltd. | 1270 | 70085 |
|  | Escorts Kubota Ltd. | 4125 | 175582 |
| \* | Eternal Ltd. | 59057 | 210935 |
| \* | Eureka Forbes Ltd. | 15278 | 95798 |
|  | Eveready Industries <br> India Ltd.<br>| 10581 | 45067 |
|  | Everest Kanto Cylinder <br> Ltd.<br>| 5871 | 9596 |
|  | Excel Industries Ltd. | 1959 | 24693 |
|  | Exide Industries Ltd. | 97493 | 419532 |
|  | Expleo Solutions Ltd. | 265 | 3018 |
|  | Fairchem Organics <br> Ltd.<br>| 1304 | 11145 |
|  | FDC Ltd. | 17888 | 93409 |
|  | Federal Bank Ltd. | 306017 | 815114 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Federal-Mogul Goetze <br> India Ltd.<br>| 4659 | $24092 |
|  | FIEM Industries Ltd. | 5371 | 126037 |
|  | Filatex India Ltd. | 78365 | 55873 |
|  | Fine Organic Industries <br> Ltd.<br>| 2833 | 141319 |
|  | Fineotex Chemical <br> Ltd.<br>| 827900 | 278201 |
| \* | Fino Payments Bank <br> Ltd.<br>| 8826 | 28116 |
|  | Finolex Cables Ltd. | 22509 | 199417 |
|  | Finolex Industries Ltd. | 83636 | 176523 |
|  | Firstsource Solutions <br> Ltd.<br>| 123278 | 491422 |
|  | Force Motors Ltd. | 1743 | 347400 |
|  | Fortis Healthcare Ltd. | 53198 | 613689 |
| \* | FSN E-Commerce <br> Ventures Ltd.<br>| 154466 | 431976 |
| \* | Fusion Finance Ltd. | 27846 | 49480 |
|  | G R Infraprojects Ltd. | 5940 | 77886 |
|  | Gabriel India Ltd. | 24854 | 355464 |
|  | GAIL India Ltd. (GAIL <br> IN)<br>| 392535 | 805095 |
|  | Galaxy Surfactants <br> Ltd.<br>| 3725 | 93501 |
|  | Ganesh Housing Ltd. | 6806 | 63497 |
|  | Ganesha Ecosphere <br> Ltd.<br>| 4405 | 59960 |
|  | Garware Hi-Tech Films <br> Ltd.<br>| 1998 | 76429 |
|  | Garware Technical <br> Fibres Ltd.<br>| 14005 | 120286 |
|  | Gateway Distriparks <br> Ltd.<br>| 119695 | 86179 |
|  | GE Vernova T&D India <br> Ltd.<br>| 18548 | 633273 |
| \* | Genesys International <br> Corp. Ltd.<br>| 7025 | 40080 |
|  | Genus Power <br> Infrastructures Ltd.<br>| 10053 | 38252 |
|  | Geojit Financial <br> Services Ltd.<br>| 39989 | 33340 |
|  | GHCL Ltd. | 29442 | 211120 |
|  | GHCL Textiles Ltd. | 31467 | 27438 |
|  | GIC Housing Finance <br> Ltd.<br>| 13076 | 25760 |
|  | Gillette India Ltd. | 2100 | 213032 |
| Ω | Gland Pharma Ltd. | 10852 | 235821 |
|  | GlaxoSmithKline <br> Pharmaceuticals <br> Ltd.<br>| 7421 | 218814 |
|  | Glenmark <br> Pharmaceuticals <br> Ltd.<br>| 18843 | 401244 |

---

711

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Global Health Ltd. | 28095 | $413919 |
|  | Globus Spirits Ltd. | 6694 | 87461 |
|  | GMM Pfaudler Ltd. | 8242 | 119879 |
| \* | GMR Airports Ltd. | 351496 | 370924 |
| \* | Go Fashion India Ltd. | 4641 | 33703 |
|  | GOCL Corp. Ltd. | 1578 | 6280 |
|  | Godawari Power & <br> Ispat Ltd.<br>| 113718 | 360812 |
|  | Godfrey Phillips India <br> Ltd.<br>| 12093 | 419639 |
| Ω | Godrej Agrovet Ltd. | 11601 | 86853 |
|  | Godrej Consumer <br> Products Ltd.<br>| 49258 | 621098 |
| \* | Godrej Industries Ltd. | 8886 | 111138 |
| \* | Godrej Properties Ltd. | 11557 | 297297 |
| \* | Gokaldas Exports Ltd. | 1670 | 15788 |
| \* | Gokul Agro Resources <br> Ltd.<br>| 23792 | 45949 |
|  | Goldiam International <br> Ltd.<br>| 15256 | 61445 |
|  | Goodluck India Ltd. | 5071 | 72188 |
|  | Granules India Ltd. | 53307 | 339949 |
|  | Graphite India Ltd. | 23649 | 165871 |
|  | Grasim Industries Ltd. | 28639 | 934827 |
|  | Grauer & Weil India <br> Ltd.<br>| 7530 | 7188 |
|  | Gravita India Ltd. | 7506 | 140754 |
|  | Great Eastern Shipping <br> Co. Ltd. <br>| 39728 | 491147 |
|  | Greaves Cotton Ltd. | 29666 | 76096 |
|  | Greenlam Industries <br> Ltd.<br>| 18356 | 54760 |
|  | Greenpanel Industries <br> Ltd.<br>| 20901 | 67361 |
|  | Greenply Industries <br> Ltd.<br>| 23053 | 79199 |
|  | Grindwell Norton Ltd. | 11073 | 209537 |
|  | Gufic Biosciences Ltd. | 8341 | 30610 |
|  | Gujarat Alkalies & <br> Chemicals Ltd.<br>| 6420 | 41345 |
|  | Gujarat Ambuja <br> Exports Ltd.<br>| 37730 | 44820 |
|  | Gujarat <br> Fluorochemicals <br> Ltd.<br>| 2733 | 115277 |
|  | Gujarat Gas Ltd. | 29009 | 133249 |
|  | Gujarat Industries <br> Power Co. Ltd.<br>| 12026 | 24698 |
|  | Gujarat Mineral <br> Development Corp. <br> Ltd.<br>| 28024 | 186976 |
|  | Gujarat Narmada <br> Valley Fertilizers & <br> Chemicals Ltd.<br>| 23603 | 133499 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Gujarat Pipavav Port <br> Ltd.<br>| 99450 | $186636 |
|  | Gujarat State <br> Fertilizers & <br> Chemicals Ltd.<br>| 81424 | 174927 |
|  | Gujarat State Petronet <br> Ltd.<br>| 124444 | 433477 |
|  | Gujarat Themis Biosyn <br> Ltd.<br>| 1473 | 7732 |
|  | Gulf Oil Lubricants <br> India Ltd.<br>| 7458 | 103844 |
|  | Happiest Minds <br> Technologies Ltd.<br>| 14792 | 85737 |
| Ω | Harsha Engineers Ltd. | 8231 | 37255 |
| \* | Hathway Cable & <br> Datacom Ltd.<br>| 271791 | 42309 |
|  | Hatsun Agro Product <br> Ltd.<br>| 16907 | 210570 |
|  | Havells India Ltd. | 21626 | 363192 |
|  | HBL Engineering Ltd. | 32473 | 366440 |
|  | HCL Technologies Ltd. | 147857 | 2562991 |
| Ω | HDFC Asset <br> Management Co. <br> Ltd.<br>| 15671 | 948701 |
|  | HDFC Bank Ltd. | 970704 | 10800209 |
| Ω | HDFC Life Insurance <br> Co. Ltd.<br>| 26126 | 214946 |
| \* | HealthCare Global <br> Enterprises Ltd.<br>| 16223 | 136471 |
|  | HEG Ltd. | 28797 | 190949 |
|  | HeidelbergCement <br> India Ltd.<br>| 22296 | 49191 |
|  | Heritage Foods Ltd. | 14012 | 76142 |
|  | Hero MotoCorp Ltd. <br> (HMCL IN)<br>| 36329 | 2270122 |
|  | Hester Biosciences <br> Ltd.<br>| 392 | 7060 |
| \* | Heubach Colorants <br> India Ltd.<br>| 936 | 5451 |
|  | HFCL Ltd. | 232140 | 191889 |
|  | HG Infra Engineering <br> Ltd.<br>| 9569 | 99068 |
|  | Hikal Ltd. | 17498 | 47089 |
|  | Himadri Speciality <br> Chemical Ltd.<br>| 49308 | 266596 |
|  | Himatsingka Seide <br> Ltd.<br>| 19970 | 27884 |
|  | Hindalco Industries <br> Ltd.<br>| 283563 | 2708239 |
|  | Hinduja Global <br> Solutions Ltd.<br>| 1622 | 9487 |
|  | Hindustan Aeronautics <br> Ltd.<br>| 31199 | 1646761 |
|  | Hindustan Copper Ltd. | 53107 | 203295 |

---

712

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Hindustan Foods Ltd. | 11616 | $68859 |
| \* | Hindustan Oil <br> Exploration Co. Ltd.<br>| 19694 | 33988 |
|  | Hindustan Petroleum <br> Corp. Ltd.<br>| 130363 | 697426 |
|  | Hindustan Unilever <br> Ltd.<br>| 54853 | 1520734 |
| \* | Hindware Home <br> Innovation Ltd.<br>| 6918 | 28672 |
|  | Hitachi Energy India <br> Ltd.<br>| 1777 | 355231 |
|  | HI-Tech Pipes Ltd. | 22958 | 29588 |
| Ω | Home First Finance <br> Co. India Ltd.<br>| 19101 | 257120 |
|  | Honda India Power <br> Products Ltd.<br>| 994 | 29209 |
|  | HPL Electric & Power <br> Ltd.<br>| 7395 | 36864 |
| \* | Hubtown Ltd. | 14461 | 48745 |
|  | Huhtamaki India Ltd. | 6976 | 19146 |
|  | ICICI Bank Ltd. (IBN <br> US), Sponsored <br> ADR<br>| 203224 | 6157687 |
|  | ICICI Bank Ltd. <br> (ICICIBC IN)<br>| 339470 | 5144630 |
| Ω | ICICI Lombard General <br> Insurance Co. Ltd.<br>| 12104 | 272883 |
| Ω | ICICI Prudential Life <br> Insurance Co. Ltd.<br>| 21839 | 145524 |
|  | ICRA Ltd. | 536 | 38645 |
| \* | ideaForge Technology <br> Ltd.<br>| 2611 | 14224 |
|  | IDFC First Bank Ltd. | 977794 | 899550 |
| \* | IFB Industries Ltd. | 3379 | 71168 |
| \* | IFCI Ltd. | 254447 | 165872 |
|  | IIFL Capital Services <br> Ltd.<br>| 62672 | 242228 |
| \* | IIFL Finance Ltd. | 56978 | 343057 |
| \* | Imagicaaworld <br> Entertainment Ltd.<br>| 63014 | 36746 |
| \* | India Cements Ltd. | 17689 | 79961 |
|  | India Glycols Ltd. | 10464 | 113906 |
|  | India Nippon <br> Electricals Ltd.<br>| 1312 | 14185 |
|  | India Power Corp. Ltd. | 54677 | 7267 |
| Ω | IndiaMart InterMesh <br> Ltd.<br>| 12969 | 359377 |
|  | Indian Bank | 77544 | 750119 |
| Ω | Indian Energy <br> Exchange Ltd.<br>| 127928 | 200584 |
|  | Indian Hotels Co. Ltd. | 60065 | 503708 |
|  | Indian Hume Pipe Co. <br> Ltd.<br>| 2210 | 8897 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Indian Metals & Ferro <br> Alloys Ltd.<br>| 9165 | $123933 |
|  | Indian Oil Corp. Ltd. | 270638 | 506109 |
|  | Indian Railway <br> Catering & Tourism <br> Corp. Ltd.<br>| 43218 | 349391 |
| Ω | Indian Railway Finance <br> Corp. Ltd.<br>| 125528 | 174199 |
|  | Indigo Paints Ltd. | 7711 | 87155 |
|  | Indo Count Industries <br> Ltd.<br>| 33712 | 108121 |
|  | Indoco Remedies Ltd. | 7040 | 22235 |
| \*Ω | IndoStar Capital <br> Finance Ltd.<br>| 5979 | 16713 |
|  | Indraprastha Gas Ltd. | 137518 | 327821 |
|  | Indraprastha Medical <br> Corp. Ltd.<br>| 17275 | 119309 |
| \* | Indus Towers Ltd. | 398381 | 1634554 |
| \* | IndusInd Bank Ltd. | 38461 | 344199 |
| \* | Infibeam Avenues Ltd. | 268149 | 52879 |
|  | Info Edge India Ltd. | 59121 | 915172 |
|  | Infosys Ltd. (INFO IN) | 466643 | 7773149 |
| # | Infosys Ltd. (INFY US), <br> Sponsored ADR<br>| 50694 | 840000 |
|  | Ingersoll Rand India <br> Ltd.<br>| 2739 | 117461 |
| \* | Innova Captab Ltd. | 2206 | 20558 |
|  | INOX India Ltd. | 1026 | 13721 |
| \* | Inox Wind Ltd. | 94078 | 163937 |
| \* | Insecticides India Ltd. | 1234 | 10062 |
|  | Intellect Design Arena <br> Ltd.<br>| 25386 | 322290 |
| Ω | InterGlobe Aviation <br> Ltd.<br>| 24719 | 1571870 |
|  | IOL Chemicals & <br> Pharmaceuticals <br> Ltd.<br>| 51595 | 53664 |
|  | ION Exchange India <br> Ltd.<br>| 24589 | 110793 |
|  | Ipca Laboratories Ltd. | 29559 | 422784 |
|  | IRB Infrastructure <br> Developers Ltd.<br>| 358400 | 181168 |
| Ω | IRCON International <br> Ltd.<br>| 57033 | 108808 |
|  | ISGEC Heavy <br> Engineering Ltd.<br>| 8354 | 82383 |
| \* | ITC Hotels Ltd. | 30927 | 75538 |
|  | ITC Ltd. | 464627 | 2197232 |
|  | J Kumar Infraprojects <br> Ltd.<br>| 18947 | 141143 |
|  | Jagran Prakashan Ltd. | 13332 | 10890 |
| \* | Jai Balaji Industries <br> Ltd.<br>| 20997 | 22307 |

---

713

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Jain Irrigation Systems <br> Ltd.<br>| 79073 | $45690 |
| \* | Jaiprakash Power <br> Ventures Ltd.<br>| 597377 | 121277 |
|  | Jammu & Kashmir <br> Bank Ltd. <br>| 133937 | 160022 |
|  | Jamna Auto Industries <br> Ltd.<br>| 59384 | 63285 |
|  | Jash Engineering Ltd. | 10542 | 57563 |
|  | JB Chemicals & <br> Pharmaceuticals <br> Ltd.<br>| 24329 | 459629 |
|  | JBM Auto Ltd. | 3616 | 27020 |
|  | Jindal Drilling & <br> Industries Ltd.<br>| 4028 | 26029 |
|  | Jindal Saw Ltd. | 120340 | 237894 |
|  | Jindal Stainless Ltd. | 101074 | 858007 |
|  | Jindal Steel Ltd. | 72225 | 868426 |
|  | Jio Financial Services <br> Ltd.<br>| 276444 | 956387 |
| \* | JITF Infralogistics Ltd. | 5343 | 18197 |
|  | JK Cement Ltd. | 7212 | 505945 |
|  | JK Lakshmi Cement <br> Ltd.<br>| 21261 | 208423 |
|  | JK Paper Ltd. | 35960 | 161645 |
|  | JK Tyre & Industries <br> Ltd.<br>| 52176 | 253234 |
|  | JM Financial Ltd. | 165343 | 304907 |
|  | JSW Energy Ltd. | 20216 | 120158 |
|  | JSW Steel Ltd. | 46156 | 627839 |
|  | JTEKT India Ltd. | 17166 | 30149 |
|  | JTL Industries Ltd. | 25562 | 19119 |
|  | Jubilant Foodworks <br> Ltd.<br>| 63883 | 431522 |
|  | Jubilant Ingrevia Ltd. | 24683 | 191724 |
|  | Jubilant Pharmova <br> Ltd.<br>| 22508 | 276240 |
| \* | Just Dial Ltd. | 8957 | 77907 |
|  | Jyothy Labs Ltd. | 35738 | 126751 |
| \* | Jyoti Structures Ltd. | 161009 | 23671 |
|  | Kajaria Ceramics Ltd. | 17659 | 238899 |
|  | Kalpataru Projects <br> International Ltd.<br>| 42366 | 598980 |
|  | Kalyan Jewellers India <br> Ltd.<br>| 50365 | 289267 |
|  | Kalyani Steels Ltd. | 7935 | 77468 |
|  | Kansai Nerolac Paints <br> Ltd.<br>| 35588 | 99834 |
|  | Karnataka Bank Ltd.  | 78535 | 158732 |
|  | Karur Vysya Bank Ltd. <br>| 206246 | 565828 |
|  | Kaveri Seed Co. Ltd. | 8556 | 100422 |
| \* | Kaynes Technology <br> India Ltd.<br>| 1125 | 84973 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | KCP Ltd.  | 26632 | $61195 |
|  | KDDL Ltd. | 1815 | 51159 |
|  | KEC International Ltd. | 36087 | 332074 |
|  | KEI Industries Ltd. | 13119 | 594689 |
| \* | Kellton Tech Solutions <br> Ltd.<br>| 147300 | 36392 |
|  | Kennametal India Ltd. | 1194 | 28044 |
| \* | Kernex Microsystems <br> India Ltd.<br>| 1082 | 15776 |
| \* | Kesoram Industries <br> Ltd.<br>| 41342 | 2401 |
|  | Kewal Kiran Clothing <br> Ltd.<br>| 4116 | 23966 |
|  | Keystone Realtors Ltd. | 6216 | 39916 |
|  | Kfin Technologies Ltd. | 25125 | 310487 |
| \* | Kiri Industries Ltd. | 13595 | 81536 |
|  | Kirloskar Brothers Ltd. | 7218 | 152614 |
|  | Kirloskar Ferrous <br> Industries Ltd.<br>| 15358 | 88851 |
|  | Kirloskar Oil Engines <br> Ltd.<br>| 31595 | 355556 |
|  | Kirloskar Pneumatic <br> Co. Ltd.<br>| 10332 | 130245 |
|  | Kitex Garments Ltd. | 30636 | 71995 |
| \* | Knowledge Marine & <br> Engineering Works <br> Ltd.<br>| 1072 | 29362 |
|  | KNR Constructions <br> Ltd.<br>| 55240 | 112951 |
| \* | Kolte-Patil Developers <br> Ltd.<br>| 10089 | 48689 |
|  | Kotak Mahindra Bank <br> Ltd.<br>| 67009 | 1589854 |
|  | Kovai Medical Center <br> & Hospital Ltd.<br>| 1289 | 92982 |
| Ω | KPI Green Energy Ltd. | 20307 | 121355 |
|  | KPIT Technologies <br> Ltd.<br>| 35283 | 463908 |
|  | KPR Mill Ltd. | 21592 | 259900 |
|  | KRBL Ltd. | 17603 | 74040 |
| \*Ω | Krishna Institute of <br> Medical Sciences <br> Ltd.<br>| 68294 | 554313 |
|  | Krsnaa Diagnostics <br> Ltd.<br>| 5763 | 50388 |
|  | KSB Ltd. | 15693 | 140169 |
|  | L&T Finance Ltd. | 136753 | 416600 |
| Ω | L&T Technology <br> Services Ltd.<br>| 5995 | 277637 |
|  | LA Opala RG Ltd. | 18389 | 47532 |
|  | Larsen & Toubro Ltd. | 47469 | 2152329 |
| Ω | Laurus Labs Ltd. | 38904 | 418434 |
|  | Laxmi Organic <br> Industries Ltd.<br>| 31695 | 69672 |

---

714

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \*Ω | Lemon Tree Hotels <br> Ltd.<br>| 140764 | $261468 |
|  | LG Balakrishnan & <br> Bros Ltd.<br>| 11367 | 181773 |
|  | LIC Housing Finance <br> Ltd.<br>| 113068 | 728738 |
|  | Lincoln <br> Pharmaceuticals <br> Ltd.<br>| 1750 | 10537 |
|  | Linde India Ltd. | 1346 | 91080 |
|  | Lloyds Engineering <br> Works Ltd.<br>| 189456 | 117633 |
|  | Lloyds Metals & <br> Energy Ltd.<br>| 20665 | 303035 |
|  | LMW Ltd. | 563 | 99727 |
| Ω | Lodha Developers Ltd. | 13692 | 184816 |
|  | LT Foods Ltd. | 56464 | 267333 |
| Ω | LTIMindtree Ltd. | 9797 | 626189 |
|  | Lumax Auto <br> Technologies Ltd.<br>| 12617 | 160543 |
|  | Lumax Industries Ltd. | 867 | 48607 |
|  | Lupin Ltd. | 52943 | 1175913 |
|  | LUX Industries Ltd. | 2047 | 29481 |
|  | Magellanic Cloud Ltd. | 43479 | 29642 |
|  | Mahanagar Gas Ltd. | 10152 | 145508 |
|  | Maharashtra Scooters <br> Ltd.<br>| 1176 | 199923 |
|  | Maharashtra Seamless <br> Ltd.<br>| 12815 | 82080 |
|  | Mahindra & Mahindra <br> Financial Services <br> Ltd.<br>| 123936 | 440349 |
|  | Mahindra & Mahindra <br> Ltd.<br>| 146799 | 5770132 |
| \* | Mahindra Holidays & <br> Resorts India Ltd.<br>| 23174 | 85855 |
|  | Mahindra Lifespace <br> Developers Ltd.<br>| 33400 | 145318 |
| Ω | Mahindra Logistics <br> Ltd.<br>| 11906 | 47128 |
|  | Maithan Alloys Ltd. | 2775 | 34555 |
| \* | Man Industries India <br> Ltd.<br>| 10285 | 47775 |
|  | Man Infraconstruction <br> Ltd.<br>| 33991 | 56789 |
|  | Manali Petrochemicals <br> Ltd.<br>| 23060 | 19202 |
|  | Manappuram Finance <br> Ltd.<br>| 295914 | 902314 |
|  | Mangalam Cement <br> Ltd.<br>| 4272 | 37430 |
| \* | Mangalore Refinery & <br> Petrochemicals Ltd.<br>| 35250 | 65797 |
|  | Mankind Pharma Ltd. | 8067 | 215632 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Manorama Industries <br> Ltd.<br>| 3475 | $54235 |
|  | Marico Ltd. | 75826 | 616411 |
|  | Marksans Pharma Ltd. | 75605 | 155812 |
|  | Maruti Suzuki India <br> Ltd.<br>| 9918 | 1802763 |
| Ω | MAS Financial <br> Services Ltd.<br>| 29522 | 101401 |
|  | Mastek Ltd. | 5098 | 122770 |
| Ω | Matrimony.com Ltd. | 4362 | 25083 |
| \* | Max Estates Ltd. | 7126 | 37617 |
| \* | Max Financial Services <br> Ltd.<br>| 14865 | 258621 |
|  | Max Healthcare <br> Institute Ltd.<br>| 41258 | 533915 |
| \* | Max India Ltd. | 6702 | 16139 |
|  | Mayur Uniquoters Ltd. | 8463 | 51353 |
|  | Mazagon Dock <br> Shipbuilders Ltd.<br>| 6066 | 186887 |
| Ω | Medi Assist Healthcare <br> Services Ltd.<br>| 18285 | 116346 |
| \* | Medplus Health <br> Services Ltd.<br>| 19600 | 168061 |
| \* | Meghmani Organics <br> Ltd.<br>| 44171 | 40146 |
|  | Metro Brands Ltd. | 4564 | 58109 |
| \*Ω | Metropolis Healthcare <br> Ltd.<br>| 7865 | 175180 |
|  | Minda Corp. Ltd. | 26907 | 170813 |
| Ω | Mishra Dhatu Nigam <br> Ltd.<br>| 10453 | 45194 |
|  | MM Forgings Ltd. | 9402 | 32807 |
|  | MOIL Ltd. | 30538 | 125780 |
|  | Mold-Tek Packaging <br> Ltd.<br>| 1376 | 10750 |
|  | Monte Carlo Fashions <br> Ltd.<br>| 2815 | 22192 |
|  | Morepen Laboratories <br> Ltd.<br>| 137144 | 73515 |
|  | Motherson Sumi Wiring <br> India Ltd.<br>| 794449 | 421279 |
|  | Motilal Oswal Financial <br> Services Ltd.<br>| 47784 | 525339 |
|  | Mphasis Ltd. | 20230 | 627807 |
|  | MPS Ltd. | 1629 | 39767 |
|  | MRF Ltd. | 555 | 987287 |
|  | Mrs Bectors Food <br> Specialities Ltd.<br>| 9947 | 149621 |
|  | MSTC Ltd. | 8488 | 51621 |
|  | Multi Commodity <br> Exchange of India <br> Ltd.<br>| 1817 | 189177 |
|  | Muthoot Finance Ltd. | 28080 | 1010004 |

---

715

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Nalwa Sons <br> Investments Ltd.<br>| 521 | $42371 |
|  | Narayana Hrudayalaya <br> Ltd.<br>| 18645 | 368170 |
|  | Natco Pharma Ltd. | 37873 | 349462 |
|  | National Aluminium Co. <br> Ltd.<br>| 287859 | 757847 |
|  | National Fertilizers <br> Ltd.<br>| 40180 | 42339 |
|  | Nava Ltd. | 41214 | 287186 |
| \*Ω | Navkar Corp. Ltd. | 16746 | 22299 |
|  | Navneet Education <br> Ltd.<br>| 25486 | 46285 |
| \* | Nazara Technologies <br> Ltd.<br>| 45904 | 137393 |
|  | NBCC India Ltd. | 203467 | 268294 |
|  | NCC Ltd. | 166464 | 399041 |
|  | NCL Industries Ltd. | 9419 | 20923 |
|  | NELCO Ltd. | 3512 | 34292 |
|  | Neogen Chemicals <br> Ltd.<br>| 940 | 15243 |
|  | NESCO Ltd. | 6952 | 107435 |
|  | Nestle India Ltd. | 58366 | 836729 |
|  | Netweb Technologies <br> India Ltd.<br>| 3475 | 157685 |
| \* | Network18 Media & <br> Investments Ltd.<br>| 44858 | 24186 |
|  | Neuland Laboratories <br> Ltd.<br>| 2229 | 415221 |
|  | Newgen Software <br> Technologies Ltd.<br>| 16417 | 179446 |
|  | NHPC Ltd. | 450864 | 430576 |
|  | Nibe Ltd. | 1458 | 19858 |
|  | NIIT Learning Systems <br> Ltd.<br>| 17790 | 65684 |
|  | NIIT Ltd. | 26856 | 31530 |
|  | Nilkamal Ltd. | 985 | 16748 |
| Ω | Nippon Life India Asset <br> Management Ltd.<br>| 34882 | 343561 |
|  | Nitin Spinners Ltd. | 11677 | 44012 |
|  | NLC India Ltd. | 54656 | 160843 |
|  | NMDC Ltd. | 871242 | 742369 |
| \* | NMDC Steel Ltd. | 42663 | 20620 |
|  | NOCIL Ltd. | 18888 | 39320 |
|  | Novartis India Ltd. | 1627 | 15861 |
|  | NRB Bearings Ltd. | 15566 | 47993 |
|  | NTPC Ltd. | 275823 | 1044642 |
|  | Nucleus Software <br> Exports Ltd.<br>| 3278 | 37162 |
|  | Nuvama Wealth <br> Management Ltd.<br>| 3782 | 303188 |
| \* | Nuvoco Vistas Corp. <br> Ltd.<br>| 28817 | 134254 |
|  | Oberoi Realty Ltd. | 16618 | 332484 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Oil & Natural Gas <br> Corp. Ltd.<br>| 204601 | $589758 |
|  | Oil India Ltd. | 71169 | 347595 |
|  | Olectra Greentech Ltd. | 5763 | 100226 |
|  | One 97 <br> Communications <br> Ltd.<br>| 33489 | 490214 |
| \* | Onesource Specialty <br> Pharma Ltd.<br>| 11204 | 233367 |
| \* | Optiemus Infracom <br> Ltd.<br>| 4174 | 27610 |
|  | Oracle Financial <br> Services Software <br> Ltd.<br>| 6241 | 598833 |
| \* | Orchid Pharma Ltd. | 1989 | 16252 |
|  | Orient Cement Ltd. | 24938 | 60161 |
|  | Orient Electric Ltd. | 40156 | 96236 |
| \* | Orient Green Power <br> Co. Ltd.<br>| 162096 | 25586 |
|  | Oriental Hotels Ltd. | 18748 | 25982 |
|  | Page Industries Ltd. | 1110 | 510532 |
|  | Paisalo Digital Ltd. | 207585 | 88559 |
| \* | Panacea Biotec Ltd. | 3283 | 16175 |
|  | Panama Petrochem <br> Ltd.<br>| 13302 | 39973 |
| Ω | Parag Milk Foods Ltd., <br> Class F<br>| 19863 | 69533 |
| \* | Paramount <br> Communications <br> Ltd.<br>| 56849 | 27691 |
|  | Patanjali Foods Ltd. | 23019 | 156223 |
| \* | Patel Engineering Ltd. | 113439 | 47668 |
| \* | PB Fintech Ltd. | 13737 | 275833 |
| \* | PC Jeweller Ltd. | 770479 | 100983 |
|  | PCBL Chemical Ltd. | 56134 | 228698 |
|  | PDS Ltd. | 13008 | 54398 |
|  | Pearl Global Industries <br> Ltd.<br>| 6088 | 89877 |
| \* | Pennar Industries Ltd. | 37772 | 111168 |
|  | Persistent Systems <br> Ltd.<br>| 20364 | 1356194 |
|  | Petronet LNG Ltd. | 215881 | 683456 |
|  | PG Electroplast Ltd. | 13034 | 83775 |
|  | Phoenix Mills Ltd.  | 21055 | 400832 |
|  | PI Industries Ltd. | 10142 | 408761 |
| \* | Piccadily Agro <br> Industries Ltd.<br>| 1971 | 14992 |
|  | Pidilite Industries Ltd. | 41052 | 669696 |
| \* | Piramal Finance Ltd. | 34669 | 439049 |
|  | Piramal Pharma Ltd. | 168063 | 379807 |
|  | Pitti Engineering Ltd. | 6318 | 66870 |
|  | PIX Transmissions <br> Ltd.<br>| 1966 | 32572 |

---

716

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| Ω | PNB Housing Finance <br> Ltd.<br>| 57675 | $603270 |
|  | PNC Infratech Ltd. | 53775 | 169798 |
|  | Pokarna Ltd. | 5459 | 55945 |
|  | Poly Medicure Ltd. | 3760 | 84686 |
|  | Polycab India Ltd. | 6475 | 561992 |
|  | Polyplex Corp. Ltd. | 10619 | 114199 |
|  | Pondy Oxides & <br> Chemicals Ltd.<br>| 5123 | 79410 |
| \* | Poonawalla Fincorp <br> Ltd.<br>| 49243 | 267010 |
|  | Power Finance Corp. <br> Ltd.<br>| 309852 | 1406042 |
|  | Power Grid Corp. of <br> India Ltd.<br>| 296202 | 961024 |
|  | Power Mech Projects <br> Ltd.<br>| 5753 | 161301 |
|  | Praj Industries Ltd. | 21832 | 82797 |
|  | Prakash Industries <br> Ltd.<br>| 32387 | 59799 |
| Ω | Prataap Snacks Ltd. | 3111 | 38411 |
|  | Precision Wires India <br> Ltd.<br>| 28086 | 71189 |
|  | Premier Explosives <br> Ltd. (PRE IN)<br>| 5380 | 39904 |
|  | Prestige Estates <br> Projects Ltd.<br>| 20715 | 408542 |
| \* | Pricol Ltd. | 26549 | 158071 |
|  | Prince Pipes & Fittings <br> Ltd.<br>| 14160 | 50832 |
| \* | Prism Johnson Ltd. | 41156 | 70326 |
|  | Privi Speciality <br> Chemicals Ltd.<br>| 2907 | 95136 |
|  | Procter & Gamble <br> Health Ltd.<br>| 2345 | 162515 |
|  | Procter & Gamble <br> Hygiene & Health <br> Care Ltd.<br>| 288 | 43306 |
| \* | PSP Projects Ltd. | 3458 | 35875 |
| \* | PTC India Financial <br> Services Ltd.<br>| 74121 | 30360 |
|  | PTC India Ltd. | 83117 | 157246 |
|  | Punjab National Bank | 343907 | 475617 |
| \* | Puravankara Ltd. | 14041 | 42201 |
| \* | PVR Inox Ltd. | 23185 | 313792 |
| Ω | Quess Corp. Ltd. | 25700 | 69381 |
|  | R Systems <br> International Ltd.<br>| 14150 | 68208 |
|  | Radico Khaitan Ltd. | 9441 | 333172 |
|  | Raghav Productivity <br> Enhancers Ltd.<br>| 1327 | 11883 |
|  | Rail Vikas Nigam Ltd. | 36878 | 136503 |
|  | Railtel Corp. of India <br> Ltd.<br>| 29772 | 123236 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Rain Industries Ltd. | 64287 | $96585 |
| \* | Rajesh Exports Ltd. | 11241 | 22955 |
|  | Rajratan Global Wire <br> Ltd.<br>| 2448 | 11824 |
|  | Rallis India Ltd. | 26880 | 78142 |
|  | Ram Ratna Wires Ltd. | 2398 | 16736 |
| \* | Rama Steel Tubes <br> Ltd.<br>| 173256 | 19948 |
|  | Ramco Cements Ltd. | 34696 | 405231 |
|  | Ramco Industries Ltd. | 11599 | 45991 |
| \* | Ramco Systems Ltd. | 5468 | 38453 |
|  | Ramkrishna Forgings <br> Ltd.<br>| 29406 | 179490 |
| \* | Ramky Infrastructure <br> Ltd.<br>| 8559 | 61052 |
|  | Rane Holdings Ltd. | 2143 | 37196 |
|  | Rane Madras Ltd. | 1107 | 10137 |
|  | Rashtriya Chemicals & <br> Fertilizers Ltd.<br>| 36714 | 61585 |
| \* | Rategain Travel <br> Technologies Ltd.<br>| 10782 | 77382 |
|  | Ratnamani Metals & <br> Tubes Ltd.<br>| 8851 | 240619 |
| \* | RattanIndia Enterprises <br> Ltd.<br>| 50786 | 29719 |
| \* | RattanIndia Power <br> Ltd.<br>| 964816 | 118687 |
| \* | Raymond Lifestyle <br> Ltd.<br>| 8755 | 116490 |
| \* | Raymond Ltd. | 5472 | 35476 |
| \* | Raymond Realty Ltd. | 10944 | 76136 |
| Ω | RBL Bank Ltd. | 154664 | 567797 |
|  | REC Ltd. | 247453 | 1045094 |
|  | Redington Ltd. | 269689 | 772149 |
|  | Redtape Ltd. | 44380 | 67982 |
|  | Reliance Industrial <br> Infrastructure Ltd.<br>| 1165 | 11734 |
| Ω | Reliance Industries <br> Ltd. (RIGD LI), <br> Sponsored GDR<br>| 29313 | 1944270 |
|  | Reliance Industries <br> Ltd. (RIL IN)<br>| 167699 | 2807213 |
| Ω | Reliance Industries <br> Ltd. (RLNIY US), <br> Sponsored GDR<br>| 44787 | 2969378 |
| \* | Reliance Infrastructure <br> Ltd.<br>| 56222 | 135988 |
| \* | Reliance Power Ltd. | 1148662 | 596934 |
| \* | Religare Enterprises <br> Ltd.<br>| 32624 | 97050 |
|  | Repco Home Finance <br> Ltd.<br>| 11234 | 52868 |
|  | Responsive Industries <br> Ltd.<br>| 9620 | 21209 |

---

717

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Restaurant Brands <br> Asia Ltd.<br>| 50556 | $38133 |
|  | Rhi Magnesita India <br> Ltd.<br>| 14855 | 80306 |
|  | Rico Auto Industries <br> Ltd.<br>| 45453 | 42610 |
|  | RITES Ltd. | 46766 | 129020 |
|  | Rossari Biotech Ltd. | 6757 | 48678 |
|  | Route Mobile Ltd. | 6160 | 49458 |
|  | RPG Life Sciences <br> Ltd.<br>| 2149 | 57893 |
| \* | RPSG Ventures Ltd. | 4168 | 38585 |
|  | Safari Industries India <br> Ltd.<br>| 6675 | 159498 |
| \* | Sagar Cements Ltd. | 17694 | 44748 |
|  | Saksoft Ltd. | 14671 | 32281 |
| \*Ω | Salasar Techno <br> Engineering Ltd.<br>| 308495 | 35785 |
| \* | Sammaan Capital Ltd. | 101471 | 214732 |
|  | Samvardhana <br> Motherson <br> International Ltd.<br>| 874633 | 1037796 |
|  | Sandhar Technologies <br> Ltd.<br>| 9330 | 53695 |
|  | Sandur Manganese & <br> Iron Ores Ltd.<br>| 21123 | 51478 |
| \* | Sanghi Industries Ltd. | 9371 | 6904 |
|  | Sanghvi Movers Ltd. | 16026 | 71465 |
|  | Sanofi Consumer <br> Healthcare India <br> Ltd.<br>| 2286 | 125865 |
|  | Sanofi India Ltd. | 1986 | 107141 |
| Ω | Sansera Engineering <br> Ltd.<br>| 13883 | 235017 |
| \* | Sapphire Foods India <br> Ltd.<br>| 77970 | 252071 |
|  | Sarda Energy & <br> Minerals Ltd.<br>| 27518 | 164004 |
|  | Saregama India Ltd. | 11785 | 60077 |
|  | Sasken Technologies <br> Ltd.<br>| 1618 | 25031 |
| \* | Satin Creditcare <br> Network Ltd.<br>| 30050 | 53023 |
|  | Savita Oil Technologies <br> Ltd.<br>| 9160 | 40890 |
| \* | SBFC Finance Ltd. | 157935 | 203695 |
|  | SBI Cards & Payment <br> Services Ltd.<br>| 42375 | 420166 |
| Ω | SBI Life Insurance Co. <br> Ltd.<br>| 39791 | 876962 |
|  | Schaeffler India Ltd. | 6679 | 303218 |
| \* | Schneider Electric <br> Infrastructure Ltd.<br>| 14480 | 136122 |
| \* | SEAMEC Ltd. | 1670 | 16838 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Senco Gold Ltd. | 9738 | $35624 |
| \* | SEPC Ltd. | 348527 | 41086 |
| \* | Sequent Scientific Ltd. | 17385 | 42086 |
|  | Seshasayee Paper & <br> Boards Ltd.<br>| 12371 | 35593 |
| Ω | SH Kelkar & Co. Ltd. | 19760 | 49095 |
|  | Shaily Engineering <br> Plastics Ltd.<br>| 5713 | 145837 |
|  | Shakti Pumps India <br> Ltd.<br>| 11880 | 109659 |
| \* | Shalby Ltd. | 7260 | 19546 |
|  | Shankara Building <br> Products Ltd.<br>| 5154 | 8125 |
|  | Shankara Buildpro <br> Ltd.<br>| 5154 | 42703 |
|  | Shanthi Gears Ltd. | 4410 | 24370 |
|  | Sharda Cropchem Ltd. | 10774 | 104957 |
|  | Sharda Motor <br> Industries Ltd.<br>| 7866 | 91837 |
|  | Share India Securities <br> Ltd.<br>| 13936 | 29283 |
| \* | Sheela Foam Ltd. | 9705 | 76030 |
|  | Shilpa Medicare Ltd. | 28604 | 113309 |
|  | Shipping Corp. of India <br> Land & Assets Ltd.<br>| 31983 | 18368 |
|  | Shipping Corp. of India <br> Ltd.<br>| 62747 | 183049 |
|  | Shivalik Bimetal <br> Controls Ltd.<br>| 8643 | 47667 |
| \* | Shoppers Stop Ltd. | 7687 | 44311 |
|  | Shree Cement Ltd. | 1018 | 324627 |
|  | Shriram Finance Ltd. | 243570 | 2060883 |
|  | Shriram Pistons & <br> Rings Ltd.<br>| 6431 | 189207 |
| \* | Shriram Properties <br> Ltd.<br>| 26303 | 27999 |
|  | Shyam Metalics & <br> Energy Ltd.<br>| 18052 | 179208 |
| \* | Siemens Energy India <br> Ltd.<br>| 2953 | 105754 |
|  | Siemens Ltd. | 2953 | 103171 |
| \* | SIS Ltd. | 11614 | 43655 |
|  | Siyaram Silk Mills Ltd. | 7622 | 64723 |
|  | SJS Enterprises Ltd. | 9085 | 164759 |
|  | SJVN Ltd. | 89082 | 88282 |
|  | SKF India Industrial <br> Ltd.<br>| 4027 | 122863 |
|  | SKF India Ltd. | 4027 | 96315 |
|  | Skipper Ltd. | 12026 | 70687 |
|  | SML Mahindra Ltd. | 894 | 30679 |
|  | Sobha Ltd. | 9628 | 175550 |
|  | Solar Industries India <br> Ltd.<br>| 4750 | 744122 |

---

718

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Solara Active Pharma <br> Sciences Ltd.<br>| 7723 | $52406 |
|  | Somany Ceramics Ltd. | 5293 | 27177 |
| Ω | Sona Blw Precision <br> Forgings Ltd.<br>| 33485 | 178521 |
|  | Sonata Software Ltd. | 18489 | 77262 |
|  | South Indian Bank <br> Ltd.<br>| 716692 | 296999 |
|  | SP Apparels Ltd. | 2860 | 23871 |
| \* | Spandana Sphoorty <br> Financial Ltd.<br>| 1454 | 2082 |
|  | SRF Ltd. | 19961 | 659614 |
|  | Star Cement Ltd. | 50861 | 146582 |
| \* | Star Health & Allied <br> Insurance Co. Ltd.<br>| 36820 | 205444 |
|  | State Bank of India <br> (SBID LI), GDR<br>| 2592 | 274761 |
|  | State Bank of India <br> (SBIN IN)<br>| 91425 | 965731 |
|  | State Bank of India <br> (SBKFF US), GDR<br>| 14169 | 1501914 |
|  | Steel Authority of India <br> Ltd.<br>| 180319 | 277027 |
|  | Steelcast Ltd. | 12486 | 31498 |
| \* | Sterlite Technologies <br> Ltd.<br>| 62653 | 82837 |
| \* | STL Networks Ltd. | 84822 | 25006 |
|  | Stove Kraft Ltd. | 5323 | 46731 |
|  | Strides Pharma <br> Science Ltd.<br>| 20696 | 216942 |
| \* | Stylam Industries Ltd. | 3206 | 73645 |
|  | Styrenix Performance <br> Materials Ltd.<br>| 3151 | 83866 |
| \* | Subex Ltd. | 243613 | 35379 |
|  | Subros Ltd. | 5043 | 61482 |
|  | Sudarshan Chemical <br> Industries Ltd.<br>| 11568 | 149530 |
|  | Sumitomo Chemical <br> India Ltd.<br>| 31476 | 177916 |
|  | Sun Pharmaceutical <br> Industries Ltd. <br> (SUNP IN)<br>| 50562 | 963359 |
|  | Sun TV Network Ltd. | 40776 | 257696 |
|  | Sundaram Finance <br> Ltd.<br>| 12065 | 618939 |
|  | Sundaram-Clayton <br> Ltd.<br>| 777 | 13057 |
|  | Sundram Fasteners <br> Ltd.<br>| 34060 | 362923 |
|  | Sunflag Iron & Steel <br> Co. Ltd.<br>| 16141 | 48668 |
|  | Sunteck Realty Ltd. | 16258 | 80865 |
|  | Suprajit Engineering <br> Ltd.<br>| 25072 | 125947 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Supreme Industries <br> Ltd.<br>| 6363 | $272319 |
|  | Supreme Petrochem <br> Ltd.<br>| 22163 | 187346 |
|  | Supriya Lifescience <br> Ltd.<br>| 9043 | 79111 |
|  | Surya Roshni Ltd. | 30842 | 102022 |
| \* | Suryoday Small <br> Finance Bank Ltd.<br>| 29505 | 50586 |
| \* | Suzlon Energy Ltd. | 1267336 | 847007 |
|  | Swan Corp. Ltd. | 20951 | 111146 |
|  | Swaraj Engines Ltd. | 1571 | 70666 |
|  | Symphony Ltd. | 4203 | 44235 |
| \* | Syncom Formulations <br> India Ltd.<br>| 150052 | 27683 |
| Ω | Syngene International <br> Ltd.<br>| 46336 | 340299 |
|  | TAJGVK Hotels & <br> Resorts Ltd.<br>| 4894 | 23185 |
|  | Talbros Automotive <br> Components Ltd.<br>| 9032 | 29718 |
|  | Tamil Nadu Newsprint <br> & Papers Ltd.<br>| 23351 | 41020 |
|  | Tamilnad Mercantile <br> Bank Ltd.<br>| 17517 | 97380 |
|  | Tanla Platforms Ltd. | 12507 | 86123 |
| \* | TARC Ltd. | 23394 | 41268 |
|  | Tata Chemicals Ltd. | 47544 | 477437 |
|  | Tata Communications <br> Ltd.<br>| 20426 | 430801 |
|  | Tata Consultancy <br> Services Ltd.<br>| 83108 | 2862174 |
|  | Tata Consumer <br> Products Ltd.<br>| 34534 | 452259 |
|  | Tata Elxsi Ltd. | 6546 | 401915 |
| \* | Tata Motors Ltd./new | 342448 | 1005881 |
|  | Tata Motors Passenger <br> Vehicles Ltd.<br>| 342448 | 1580965 |
|  | Tata Power Co. Ltd. | 152996 | 697047 |
|  | Tata Steel Ltd. | 1319738 | 2716933 |
|  | TCI Express Ltd. | 3436 | 26308 |
|  | TCPL Packaging Ltd. | 483 | 18035 |
|  | TD Power Systems <br> Ltd.<br>| 36390 | 310150 |
| \* | TeamLease Services <br> Ltd.<br>| 1241 | 23470 |
|  | Tech Mahindra Ltd. | 89372 | 1432121 |
|  | Techno Electric & <br> Engineering Co. <br> Ltd.<br>| 15269 | 228590 |
|  | Technocraft Industries <br> India Ltd.<br>| 2009 | 55007 |
|  | Tega Industries Ltd. | 6156 | 134371 |

---

719

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Texmaco Infrastructure <br> & Holdings Ltd.<br>| 19829 | $22996 |
|  | Texmaco Rail & <br> Engineering Ltd.<br>| 73895 | 113672 |
|  | Thanga Mayil <br> Jewellery Ltd.<br>| 1447 | 35404 |
|  | Thejo Engineering Ltd. | 489 | 9865 |
|  | Thermax Ltd. | 1296 | 46946 |
|  | Thirumalai Chemicals <br> Ltd.<br>| 23833 | 75932 |
|  | Thomas Cook India <br> Ltd.<br>| 61390 | 110710 |
| Ω | Thyrocare <br> Technologies Ltd.<br>| 5647 | 87629 |
|  | Tilaknagar Industries <br> Ltd.<br>| 31728 | 188233 |
|  | Time Technoplast Ltd. | 77672 | 188838 |
|  | Timken India Ltd. | 8261 | 295285 |
|  | Tips Music Ltd. | 14673 | 86992 |
|  | Titagarh Rail System <br> Ltd.<br>| 13428 | 133874 |
|  | Titan Co. Ltd. | 33159 | 1397893 |
|  | Torrent <br> Pharmaceuticals <br> Ltd.<br>| 16246 | 649158 |
|  | Torrent Power Ltd. | 24484 | 363044 |
|  | Tourism Finance Corp. <br> of India Ltd.<br>| 96705 | 76118 |
|  | Transformers & <br> Rectifiers India Ltd.<br>| 19366 | 97000 |
| \* | TransIndia Real Estate <br> Ltd.<br>| 17001 | 5533 |
|  | Transport Corp. of <br> India Ltd.<br>| 9519 | 128394 |
|  | Trent Ltd. | 24030 | 1270130 |
|  | Trident Ltd. | 408765 | 131608 |
|  | Triveni Engineering & <br> Industries Ltd.<br>| 31226 | 125824 |
|  | Triveni Turbine Ltd. | 42210 | 253592 |
|  | TTK Prestige Ltd. | 11883 | 90137 |
|  | Tube Investments of <br> India Ltd.<br>| 13074 | 444600 |
|  | TVS Holdings Ltd. | 1708 | 291603 |
|  | TVS Motor Co. Ltd. | 31628 | 1249247 |
|  | TVS Srichakra Ltd. | 949 | 44223 |
|  | Uflex Ltd. | 11450 | 69768 |
| \* | Ugro Capital Ltd. | 27607 | 56826 |
| \*Ω | Ujjivan Small Finance <br> Bank Ltd.<br>| 210888 | 123307 |
|  | UltraTech Cement Ltd. | 6367 | 854530 |
| \* | Unichem Laboratories <br> Ltd.<br>| 8574 | 45683 |
|  | Union Bank of India <br> Ltd.<br>| 270127 | 451337 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | United Breweries Ltd. | 5542 | $112198 |
| \* | United Foodbrands <br> Ltd.<br>| 5008 | 11484 |
|  | United Spirits Ltd. | 25614 | 412535 |
|  | Universal Cables Ltd. | 2315 | 19156 |
|  | UNO Minda Ltd. | 35034 | 486441 |
|  | UPL Ltd. | 82457 | 666888 |
|  | Usha Martin Ltd. | 67195 | 349372 |
|  | UTI Asset <br> Management Co. <br> Ltd.<br>| 18426 | 259133 |
| \* | V2 Retail Ltd. | 4800 | 131857 |
|  | VA Tech Wabag Ltd. | 14680 | 233176 |
|  | Vadilal Industries Ltd. | 1081 | 64519 |
|  | Vaibhav Global Ltd. | 19351 | 58298 |
| \* | Valor Estate Ltd. | 47564 | 79668 |
|  | Vardhman Special <br> Steels Ltd.<br>| 5501 | 17793 |
|  | Vardhman Textiles Ltd. | 39086 | 193192 |
| Ω | Varroc Engineering <br> Ltd.<br>| 16223 | 111940 |
|  | Varun Beverages Ltd. | 143640 | 758807 |
| \* | Vascon Engineers Ltd. | 24820 | 18629 |
|  | Vedant Fashions Ltd. | 10333 | 75025 |
|  | Vedanta Ltd. | 297098 | 1651858 |
|  | Veedol Corp. Ltd. | 2717 | 54115 |
|  | Venky's India Ltd. | 1668 | 28393 |
| Ω | Venus Pipes & Tubes <br> Ltd.<br>| 3661 | 52886 |
| \* | Veranda Learning <br> Solutions Ltd.<br>| 1852 | 4831 |
|  | Vesuvius India Ltd. | 29240 | 162308 |
|  | V-Guard Industries <br> Ltd.<br>| 59427 | 242611 |
|  | Vijaya Diagnostic <br> Centre Ltd.<br>| 10709 | 119315 |
|  | Vimta Labs Ltd. | 4408 | 35848 |
|  | Vinati Organics Ltd. | 6596 | 122683 |
|  | Vindhya Telelinks Ltd. | 2233 | 34167 |
|  | Vintage Coffee & <br> Beverages Ltd.<br>| 18364 | 34001 |
|  | Vishnu Chemicals Ltd. | 9726 | 56759 |
| \* | VL E-Governance & IT <br> Solutions Ltd.<br>| 5386 | 1454 |
| \* | Vodafone Idea Ltd. | 3173131 | 311768 |
|  | Voltamp Transformers <br> Ltd.<br>| 1702 | 142445 |
|  | Voltas Ltd. | 18437 | 286426 |
|  | VRL Logistics Ltd. | 27996 | 88176 |
|  | VST Industries Ltd. | 18503 | 54338 |
|  | VST Tillers Tractors <br> Ltd.<br>| 863 | 58297 |
| \* | Walchandnagar <br> Industries Ltd.<br>| 11934 | 23944 |

---

720

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Websol Energy System <br> Ltd.<br>| 8645 | $119500 |
|  | Welspun Corp. Ltd. | 36054 | 391240 |
|  | Welspun Enterprises <br> Ltd.<br>| 16502 | 104131 |
|  | Welspun Living Ltd. | 80600 | 117238 |
|  | Wendt India Ltd. | 93 | 9078 |
|  | West Coast Paper <br> Mills Ltd.<br>| 14697 | 75141 |
|  | Westlife Foodworld <br> Ltd.<br>| 18931 | 127330 |
|  | Wheels India Ltd. | 702 | 7090 |
|  | Whirlpool of India Ltd. | 11863 | 185356 |
|  | Windlas Biotech Ltd. | 4235 | 44894 |
|  | Wipro Ltd. | 198008 | 536755 |
| \* | Wockhardt Ltd. | 15978 | 230117 |
|  | Wonderla Holidays <br> Ltd.<br>| 8064 | 51838 |
|  | XPRO India Ltd. | 824 | 10104 |
|  | Yaari Digital Integrated <br> Services Ltd.<br>| 255580 | 61181 |
|  | Yasho Industries Ltd. | 953 | 17125 |
| \* | Yes Bank Ltd. | 2228913 | 571755 |
|  | Yuken India Ltd. | 808 | 9324 |
|  | Zee Entertainment <br> Enterprises Ltd.<br>| 267147 | 301856 |
| \* | Zee Media Corp. Ltd. | 148263 | 16706 |
|  | Zen Technologies Ltd. | 2574 | 39304 |
|  | Zensar Technologies <br> Ltd.<br>| 37800 | 338627 |
|  | ZF Commercial Vehicle <br> Control Systems <br> India Ltd.<br>| 573 | 79650 |
|  | Zydus Lifesciences <br> Ltd.<br>| 47432 | 522008 |
|  | Zydus Wellness Ltd. | 34215 | 184031 |
| TOTAL INDIA | TOTAL INDIA |  | 291482944 |
| INDONESIA — (2.1%) | INDONESIA — (2.1%) | INDONESIA — (2.1%) | INDONESIA — (2.1%) |
|  | ABM Investama Tbk. <br> PT<br>| 243700 | 43358 |
|  | Adi Sarana Armada <br> Tbk. PT<br>| 459600 | 29407 |
|  | AKR Corporindo Tbk. <br> PT<br>| 2308100 | 169421 |
| \* | Alam Sutera Realty <br> Tbk. PT<br>| 4460900 | 43415 |
|  | Alamtri Minerals <br> Indonesia Tbk. PT<br>| 1995100 | 167229 |
|  | Alamtri Resources <br> Indonesia Tbk. PT<br>| 1484700 | 168078 |
|  | Allo Bank Indonesia <br> Tbk. PT<br>| 311000 | 27983 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
| \* | Amman Mineral <br> Internasional PT<br>| 369500 | $157611 |
|  | Aneka Tambang Tbk. <br> PT<br>| 2212400 | 411523 |
|  | Arwana Citramulia Tbk. <br> PT<br>| 1282000 | 42359 |
|  | Aspirasi Hidup <br> Indonesia Tbk. PT<br>| 2732400 | 72906 |
|  | Astra Agro Lestari Tbk. <br> PT<br>| 154300 | 72395 |
|  | Astra International Tbk. <br> PT<br>| 3215000 | 1188789 |
|  | Astra Otoparts Tbk. <br> PT<br>| 250300 | 38393 |
|  | Asuransi Tugu <br> Pratama Indonesia <br> Tbk. PT<br>| 456500 | 28670 |
|  | Avia Avian Tbk. PT | 3443100 | 85616 |
| \* | Bank Aladin Syariah <br> Tbk. PT<br>| 1151200 | 65041 |
|  | Bank Amar Indonesia <br> Tbk. PT<br>| 830585 | 11481 |
|  | Bank BTPN Syariah <br> Tbk. PT<br>| 1120200 | 92202 |
|  | Bank Central Asia Tbk. <br> PT<br>| 4841200 | 2478654 |
| \* | Bank Ganesha Tbk. <br> PT<br>| 1763100 | 11981 |
| \* | Bank Jago Tbk. PT | 921600 | 121074 |
| \* | Bank KB Indonesia <br> Tbk. PT<br>| 6045077 | 24677 |
|  | Bank Mandiri Persero <br> Tbk. PT<br>| 5531600 | 1567177 |
| \* | Bank Mayapada <br> International Tbk. <br> PT<br>| 2445328 | 35591 |
|  | Bank Maybank <br> Indonesia Tbk. PT<br>| 1456300 | 18036 |
|  | Bank Negara <br> Indonesia Persero <br> Tbk. PT<br>| 2400900 | 631039 |
| \* | Bank Neo Commerce <br> Tbk. PT<br>| 3326200 | 77645 |
|  | Bank OCBC Nisp Tbk. <br> PT<br>| 1685100 | 139239 |
|  | Bank Pan Indonesia <br> Tbk. PT<br>| 1323200 | 82047 |
|  | Bank Pembangunan <br> Daerah Jawa Barat <br> Dan Banten Tbk. <br> PT<br>| 1053790 | 51010 |

---

721

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Bank Pembangunan <br> Daerah Jawa Timur <br> Tbk. PT<br>| 1427000 | $46760 |
|  | Bank Rakyat Indonesia <br> Persero Tbk. PT<br>| 5311700 | 1270666 |
|  | Bank Syariah <br> Indonesia Tbk. PT<br>| 584549 | 89521 |
|  | Bank Tabungan <br> Negara Persero Tbk. <br> PT<br>| 2316612 | 170344 |
| \* | Barito Pacific Tbk. PT | 472863 | 97998 |
|  | Barito Renewables <br> Energy Tbk. PT<br>| 1089300 | 567921 |
|  | BFI Finance Indonesia <br> Tbk. PT<br>| 2734100 | 132205 |
|  | BISI International Tbk. <br> PT<br>| 429800 | 22990 |
|  | Blue Bird Tbk. PT | 206500 | 21980 |
| \* | Buana Lintas Lautan <br> Tbk. PT<br>| 4867500 | 63682 |
| \* | Bukalapak.com Tbk. <br> PT<br>| 16801100 | 169731 |
|  | Bukit Asam Tbk. PT | 1902900 | 274446 |
| \* | Buma Internasional <br> Grup Tbk. PT<br>| 1889200 | 38803 |
| \* | Bumi Resources <br> Minerals Tbk. PT<br>| 3588800 | 198271 |
| \* | Bumi Resources Tbk. <br> PT<br>| 18519200 | 157923 |
| \* | Bumi Serpong Damai <br> Tbk. PT<br>| 1913300 | 112485 |
| \* | Capital Financial <br> Indonesia Tbk. PT<br>| 800300 | 52687 |
| \* | Cemindo Gemilang PT | 434500 | 20117 |
|  | Chandra Asri Pacific <br> Tbk. PT<br>| 106500 | 44491 |
|  | Charoen Pokphand <br> Indonesia Tbk. PT<br>| 1160900 | 325784 |
| Ω | Cikarang Listrindo Tbk. <br> PT<br>| 536600 | 22745 |
|  | Ciputra Development <br> Tbk. PT<br>| 2827700 | 150212 |
|  | Cisarua Mountain <br> Dairy Tbk. PT<br>| 428100 | 146033 |
| \* | Citra Marga Nusaphala <br> Persada Tbk. PT<br>| 47700 | 3724 |
| \* | Darma Henwa Tbk. <br> PT<br>| 6589200 | 132082 |
|  | Dayamitra <br> Telekomunikasi PT<br>| 3940100 | 132642 |
|  | Dharma Satya <br> Nusantara Tbk. PT<br>| 1009300 | 114520 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
| \* | Dian Swastatika <br> Sentosa Tbk. PT<br>| 94400 | $479721 |
| \* | Eagle High Plantations <br> Tbk. PT<br>| 2208600 | 20165 |
|  | Elang Mahkota <br> Teknologi Tbk. PT<br>| 2930400 | 208289 |
|  | Elnusa Tbk. PT | 1310000 | 40208 |
| \* | Energi Mega Persada <br> Tbk. PT<br>| 7812600 | 387656 |
|  | Erajaya Swasembada <br> Tbk. PT<br>| 3197900 | 81473 |
|  | ESSA Industries <br> Indonesia Tbk. PT<br>| 3090400 | 114222 |
|  | Gajah Tunggal Tbk. <br> PT<br>| 597000 | 37340 |
|  | Garudafood Putra Putri <br> Jaya Tbk. PT<br>| 2126100 | 45997 |
|  | Golden Energy Mines <br> Tbk. PT<br>| 132200 | 71916 |
|  | Gudang Garam Tbk. <br> PT<br>| 174700 | 181790 |
| \* | Harum Energy Tbk. <br> PT<br>| 768900 | 54041 |
|  | Hexindo Adiperkasa <br> Tbk. PT<br>| 58700 | 16413 |
| \* | Impack Pratama <br> Industri Tbk. PT<br>| 2577700 | 365399 |
|  | Indah Kiat Pulp & <br> Paper Tbk. PT<br>| 779400 | 348574 |
|  | Indika Energy Tbk. PT | 759200 | 95300 |
|  | Indo Tambangraya <br> Megah Tbk. PT<br>| 148100 | 209148 |
|  | Indocement Tunggal <br> Prakarsa Tbk. PT<br>| 366400 | 137541 |
|  | Indofood CBP Sukses <br> Makmur Tbk. PT<br>| 309500 | 161747 |
|  | Indofood Sukses <br> Makmur Tbk. PT<br>| 1084300 | 482530 |
|  | Indomobil Sukses <br> Internasional Tbk. <br> PT<br>| 326900 | 22622 |
|  | Indosat Tbk. PT | 861000 | 97482 |
| \* | Industri dan <br> Perdagangan <br> Bintraco Dharma <br> Tbk. PT<br>| 2672200 | 21065 |
|  | Industri Jamu Dan <br> Farmasi Sido <br> Muncul Tbk. PT<br>| 2650100 | 89203 |
|  | Japfa Comfeed <br> Indonesia Tbk. PT<br>| 2336300 | 352122 |
|  | Jasa Marga Persero <br> Tbk. PT<br>| 471900 | 101277 |

---

722

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Kalbe Farma Tbk. PT | 3103500 | $238044 |
|  | Kawasan Industri <br> Jababeka Tbk. PT<br>| 7745900 | 88878 |
| \* | Krakatau Steel Persero <br> Tbk. PT<br>| 692300 | 13885 |
| \* | Lippo Karawaci Tbk. <br> PT<br>| 15773400 | 84391 |
|  | Map Aktif Adiperkasa <br> PT<br>| 4238600 | 177981 |
|  | Matahari Department <br> Store Tbk. PT<br>| 220800 | 22369 |
|  | Mayora Indah Tbk. PT | 842700 | 107765 |
| \* | MD Entertainment Tbk. <br> PT<br>| 153230 | 52266 |
|  | Medco Energi <br> Internasional Tbk. <br> PT<br>| 3319800 | 265655 |
| \* | Media Nusantara Citra <br> Tbk. PT<br>| 2605300 | 41970 |
|  | Medikaloka Hermina <br> Tbk. PT<br>| 2291100 | 206868 |
| \* | Merdeka Battery <br> Materials Tbk. PT<br>| 4921900 | 185972 |
| \* | Merdeka Copper Gold <br> Tbk. PT<br>| 1805742 | 264224 |
| \* | Metro Healthcare <br> Indonesia Tbk. PT<br>| 6326800 | 122439 |
|  | Metrodata Electronics <br> Tbk. PT<br>| 2222200 | 81463 |
|  | Metropolitan Kentjana <br> Tbk. PT<br>| 9800 | 13990 |
|  | Midi Utama Indonesia <br> Tbk. PT<br>| 1986200 | 49411 |
|  | Mitra Adiperkasa Tbk. <br> PT<br>| 3588900 | 277994 |
|  | Mitra Keluarga <br> Karyasehat Tbk. PT<br>| 918500 | 142529 |
|  | Mitra Pinasthika <br> Mustika Tbk. PT<br>| 572200 | 33366 |
| \* | MNC Digital <br> Entertainment Tbk. <br> PT<br>| 769200 | 23353 |
| \* | MNC Tourism <br> Indonesia Tbk. PT<br>| 30053500 | 263550 |
| Ω | Nusantara Sejahtera <br> Raya Tbk. PT<br>| 4256600 | 30492 |
|  | Pabrik Kertas Tjiwi <br> Kimia Tbk. PT<br>| 462600 | 193701 |
| \* | Pacific Strategic <br> Financial Tbk. PT<br>| 783300 | 52989 |
|  | Pakuwon Jati Tbk. PT | 4892500 | 108116 |
|  | Pam Mineral Tbk. PT | 535300 | 31860 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
| \* | Panin Financial Tbk. <br> PT<br>| 4028800 | $58085 |
| \* | Paninvest Tbk. PT | 361900 | 17518 |
|  | Pantai Indah Kapuk <br> Dua Tbk. PT<br>| 45000 | 38093 |
|  | Perusahaan Gas <br> Negara Tbk. PT<br>| 1875100 | 196054 |
|  | Perusahaan <br> Perkebunan London <br> Sumatra Indonesia <br> Tbk. PT<br>| 829600 | 70027 |
|  | Petrindo Jaya Kreasi <br> Tbk. PT<br>| 3607000 | 435482 |
|  | Petrosea Tbk. PT | 679500 | 277315 |
| \* | PP Persero Tbk. PT | 995700 | 22845 |
|  | Puradelta Lestari Tbk. <br> PT<br>| 2683600 | 21440 |
|  | Rukun Raharja Tbk. <br> PT<br>| 187800 | 45734 |
|  | Salim Ivomas Pratama <br> Tbk. PT<br>| 923900 | 34665 |
|  | Sampoerna Agro Tbk. <br> PT<br>| 108900 | 32893 |
|  | Samudera Indonesia <br> Tbk. PT<br>| 2328000 | 44246 |
| \* | Sarana Meditama <br> Metropolitan Tbk. <br> PT<br>| 494600 | 9048 |
|  | Sarana Menara <br> Nusantara Tbk. PT<br>| 8493300 | 277970 |
|  | Sariguna Primatirta <br> Tbk. PT<br>| 2084300 | 67612 |
|  | Sawit Sumbermas <br> Sarana Tbk. PT<br>| 1418300 | 137264 |
|  | Selamat Sempurna <br> Tbk. PT<br>| 758700 | 87577 |
|  | Semen Indonesia <br> Persero Tbk. PT<br>| 948454 | 157132 |
|  | Steel Pipe Industry of <br> Indonesia PT<br>| 1086800 | 27958 |
|  | Sumber Alfaria Trijaya <br> Tbk. PT<br>| 4513900 | 545062 |
|  | Sumber Tani Agung <br> Resources Tbk. PT<br>| 1108300 | 92694 |
|  | Summarecon Agung <br> Tbk. PT<br>| 3554800 | 83656 |
|  | Surya Citra Media Tbk. <br> PT<br>| 4050300 | 82137 |
|  | Surya Semesta <br> Internusa Tbk. PT<br>| 1487200 | 139328 |
|  | TBS Energi Utama <br> Tbk. PT<br>| 318600 | 15401 |

---

723

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
| # | Telkom Indonesia <br> Persero Tbk. PT <br> (TLK US), ADR<br>| 18271 | $357929 |
|  | Telkom Indonesia <br> Persero Tbk. PT <br> (TLKM IJ)<br>| 2733600 | 528773 |
|  | Temas Tbk. PT | 2160000 | 16874 |
|  | Tempo Scan Pacific <br> Tbk. PT<br>| 214000 | 36670 |
|  | Timah Tbk. PT | 785500 | 126028 |
|  | Tower Bersama <br> Infrastructure Tbk. <br> PT<br>| 545200 | 78043 |
|  | Transcoal Pacific Tbk. <br> PT<br>| 287000 | 135443 |
|  | Trimegah Bangun <br> Persada Tbk. PT<br>| 1922000 | 144450 |
|  | Triputra Agro Persada <br> PT<br>| 1702000 | 192510 |
|  | Tunas Baru Lampung <br> Tbk. PT<br>| 875957 | 39226 |
|  | Ultrajaya Milk Industry <br> & Trading Co. Tbk. <br> PT<br>| 823000 | 74244 |
|  | Unilever Indonesia <br> Tbk. PT<br>| 1222300 | 189526 |
|  | United Tractors Tbk. <br> PT<br>| 431100 | 697036 |
|  | Vale Indonesia Tbk. <br> PT<br>| 479701 | 136874 |
| \*†† | Waskita Karya Persero <br> Tbk. PT<br>| 2217700 | 5052 |
| \*†† | Wijaya Karya Persero <br> Tbk. PT<br>| 3300100 | 15181 |
|  | XLSMART Telecom <br> Sejahtera Tbk. PT<br>| 2529104 | 396781 |
| TOTAL INDONESIA | TOTAL INDONESIA |  | 26321448 |
| KUWAIT — (1.1%) | KUWAIT — (1.1%) | KUWAIT — (1.1%) | KUWAIT — (1.1%) |
|  | A'ayan Leasing & <br> Investment Co. <br> KSCP<br>| 249656 | 172799 |
|  | A'ayan Real Estate Co. <br> SAK<br>| 38506 | 18587 |
| \* | Acico Industries Co. <br> KSC<br>| 130042 | 151820 |
|  | Agility Public <br> Warehousing Co. <br> KSC<br>| 289374 | 142119 |
|  | Al Ahli Bank of Kuwait <br> KSCP<br>| 204206 | 191499 |
|  | Al-Eid Food KSC | 63926 | 45014 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
|  | Ali Alghanim Sons <br> Automotive Co. <br> KSCC<br>| 46222 | $162240 |
| \* | Alimtiaz Investment <br> Group KSC<br>| 449823 | 106123 |
| \*†† | Arabi Group Holding <br> KSC<br>| 39880 | 37573 |
|  | Arzan Financial Group <br> for Financing & <br> Investment KPSC<br>| 189122 | 242814 |
| \* | Asiya Capital <br> Investments Co. <br> KSCP<br>| 209724 | 39591 |
|  | Beyout Holding Co. <br> KPSC<br>| 40383 | 58064 |
|  | Boubyan Bank KSCP | 24451 | 57055 |
|  | Boubyan <br> Petrochemicals Co. <br> KSCP<br>| 136727 | 273578 |
|  | Boursa Kuwait <br> Securities Co. <br> KPSC<br>| 27189 | 356294 |
|  | Burgan Bank SAK | 214445 | 165328 |
|  | Combined Group <br> Contracting Co. <br> SAK<br>| 41610 | 142975 |
|  | Commercial Facilities <br> Co. SAKP<br>| 121626 | 104999 |
|  | Commercial Real <br> Estate Co. KSC<br>| 303238 | 210314 |
|  | Gulf Bank KSCP | 323935 | 370101 |
|  | Gulf Cables & <br> Electrical Industries <br> Group Co. KSCP<br>| 44177 | 323385 |
|  | Heavy Engineering & <br> Ship Building Co. <br> KSCP<br>| 40447 | 124714 |
|  | Humansoft Holding Co. <br> KSC<br>| 27207 | 219467 |
| \* | IFA Hotels & <br> Resorts-KPSC<br>| 15080 | 64267 |
|  | Integrated Holding Co. <br> KCSC<br>| 54359 | 95790 |
|  | Jazeera Airways Co. <br> KSCP<br>| 22513 | 107700 |
|  | JTC Logistics <br> Transportation & <br> Stevedoring Co. <br> KSCP<br>| 8881 | 13240 |
|  | KAMCO Investment <br> Co. KSC<br>| 40970 | 23892 |

---

724

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
|  | Kuwait Business Town <br> Real Estate Co. <br> KSCP<br>| 52904 | $18429 |
|  | Kuwait Cement Co. <br> KSC<br>| 136339 | 157764 |
|  | Kuwait Finance House <br> KSCP<br>| 1027877 | 2691128 |
|  | Kuwait Financial <br> Centre SAK<br>| 144621 | 83617 |
|  | Kuwait Insurance Co. <br> SAK<br>| 11843 | 22219 |
|  | Kuwait International <br> Bank KSCP<br>| 348738 | 304053 |
|  | Kuwait Investment Co. <br> SAK<br>| 131386 | 107587 |
| \* | Kuwait Real Estate Co. <br> KSC<br>| 199624 | 276241 |
|  | Kuwait <br> Telecommunications <br> Co.<br>| 96821 | 187415 |
|  | Mabanee Co. KPSC | 101819 | 334386 |
|  | Mezzan Holding Co. <br> KSCC<br>| 34262 | 133173 |
|  | Mobile <br> Telecommunications <br> Co. KSCP<br>| 596739 | 1031291 |
| \* | Munshaat Real Estate <br> Projects Co. KSCP<br>| 19944 | 14804 |
|  | National Bank of <br> Kuwait SAKP<br>| 678155 | 2322509 |
| \* | National Consumer <br> Holding Co. SAK<br>| 82695 | 31490 |
|  | National Industries <br> Group Holding SAK<br>| 312648 | 296551 |
|  | National Investments <br> Co. KSCP<br>| 237321 | 262695 |
|  | Oula Fuel Marketing <br> Co.<br>| 41598 | 41289 |
| \* | Privatization Holding <br> Co. KSCP<br>| 167042 | 46601 |
|  | Salhia Real Estate Co. <br> KSCP<br>| 99477 | 135866 |
| \* | Securities House KSC | 127694 | 37998 |
|  | Shamal Az-Zour <br> Al-Oula for the First <br> Phase of Az-Zour <br> Power Plant KSC<br>| 161560 | 88984 |
|  | Specialities Group <br> Holding Co. KSCC<br>| 39363 | 22695 |
| †† | Sultan Center Food <br> Products Co. KSC<br>| 27711 | 3252 |
| \* | United Real Estate Co. <br> SAKP<br>| 70389 | 54499 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
| \* | Warba Bank KSCP | 1351505 | $1277178 |
| TOTAL KUWAIT | TOTAL KUWAIT |  | 14005056 |
| MALAYSIA — (1.9%) | MALAYSIA — (1.9%) | MALAYSIA — (1.9%) | MALAYSIA — (1.9%) |
| # | Able Global Bhd. | 78300 | 31199 |
| # | Aeon Co. M Bhd. | 341000 | 102536 |
| # | AEON Credit Service <br> M Bhd.<br>| 77200 | 96976 |
| #\* | AFFIN Bank Bhd. | 199791 | 109264 |
|  | Ajinomoto Malaysia <br> Bhd.<br>| 7800 | 24978 |
|  | Alliance Bank Malaysia <br> Bhd.<br>| 224541 | 235626 |
|  | Allianz Malaysia Bhd. | 19400 | 83188 |
| # | AME Elite Consortium <br> Bhd.<br>| 76900 | 28436 |
| # | AMMB Holdings Bhd. <br> (AMM MK)<br>| 428300 | 582583 |
| # | Ancom Nylex Bhd. | 211856 | 47009 |
| #\* | Astro Malaysia <br> Holdings Bhd.<br>| 154300 | 4791 |
| # | Aurelius Technologies <br> Bhd.<br>| 137100 | 32676 |
|  | Axiata Group Bhd. | 631600 | 378747 |
|  | Bank Islam Malaysia <br> Bhd.<br>| 264900 | 139162 |
|  | Batu Kawan Bhd. | 20200 | 92640 |
| \* | Berjaya Corp. Bhd. | 977502 | 67622 |
| \* | Berjaya Food Bhd. | 152753 | 9116 |
| #\* | Berjaya Land Bhd. | 228300 | 14698 |
| #\* | Bermaz Auto Bhd. | 285000 | 45551 |
| # | British American <br> Tobacco Malaysia <br> Bhd.<br>| 38200 | 41969 |
| #\* | Bumi Armada Bhd. | 1039100 | 81923 |
| # | Bursa Malaysia Bhd. | 128900 | 252121 |
|  | CAB Cakaran Corp. <br> Bhd.<br>| 62400 | 12821 |
|  | Cahya Mata Sarawak <br> Bhd.<br>| 176100 | 66759 |
| \* | Cape Ems Bhd. | 85000 | 5778 |
| # | Carlsberg Brewery <br> Malaysia Bhd.<br>| 38900 | 153440 |
|  | CCK Consolidated <br> Holdings Bhd.<br>| 67900 | 18957 |
|  | CelcomDigi Bhd. | 328300 | 282227 |
| \* | Chin Hin Group Bhd. | 126300 | 69631 |
|  | CIMB Group Holdings <br> Bhd.<br>| 1106812 | 1926187 |
|  | Coastal Contracts <br> Bhd.<br>| 48000 | 13505 |
| # | Crescendo Corp. Bhd. | 85000 | 25149 |
|  | CTOS Digital Bhd. | 398400 | 88923 |

---

725

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
| # | D&O Green <br> Technologies Bhd.<br>| 236000 | $70182 |
| #\* | Dagang NeXchange <br> Bhd.<br>| 563800 | 40944 |
| # | Dayang Enterprise <br> Holdings Bhd.<br>| 292300 | 104043 |
| # | Dialog Group Bhd. | 308200 | 144189 |
|  | DRB-Hicom Bhd. | 336000 | 101024 |
| # | Duopharma Biotech <br> Bhd.<br>| 97044 | 28948 |
|  | Dutch Lady Milk <br> Industries Bhd.<br>| 3400 | 21254 |
|  | DXN Holdings Bhd. | 268300 | 33314 |
|  | Eastern & Oriental <br> Bhd.<br>| 385600 | 73543 |
|  | Eco World <br> Development Group <br> Bhd.<br>| 281700 | 138406 |
| # | EG Industries Bhd. | 94200 | 30765 |
| \* | Ekovest Bhd. | 633500 | 50644 |
| # | Farm Fresh Bhd. | 220900 | 128188 |
| # | Fraser & Neave <br> Holdings Bhd.<br>| 23300 | 156555 |
| # | Frontken Corp. Bhd. | 306200 | 329814 |
|  | Gamuda Bhd. | 181320 | 217767 |
|  | Gas Malaysia Bhd. | 79100 | 85666 |
|  | Genetec Technology <br> Bhd.<br>| 97200 | 12022 |
|  | Genting Bhd. | 324700 | 261841 |
|  | Genting Malaysia Bhd. | 449900 | 250156 |
|  | Genting Plantations <br> Bhd.<br>| 112400 | 136175 |
| #\* | Greatech Technology <br> Bhd.<br>| 171500 | 84446 |
| # | Guan Chong Bhd. | 351233 | 75287 |
|  | HAP Seng <br> Consolidated Bhd.<br>| 96600 | 68520 |
|  | Hap Seng Plantations <br> Holdings Bhd.<br>| 105700 | 57070 |
| # | Hartalega Holdings <br> Bhd.<br>| 444100 | 128020 |
|  | Heineken Malaysia <br> Bhd.<br>| 30500 | 155139 |
|  | Hextar Global Bhd. | 391800 | 84632 |
|  | Hiap Teck Venture <br> Bhd.<br>| 329500 | 22385 |
|  | Hibiscus Petroleum <br> Bhd.<br>| 198200 | 67672 |
| # | Hong Leong Bank <br> Bhd.<br>| 22300 | 109429 |
|  | Hong Leong Financial <br> Group Bhd.<br>| 22400 | 90346 |
|  | Hong Leong Industries <br> Bhd.<br>| 19600 | 64295 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | HSS Engineers Bhd. | 73000 | $9404 |
|  | Hup Seng Industries <br> Bhd.<br>| 112000 | 27545 |
|  | IHH Healthcare Bhd. | 114000 | 224455 |
|  | IJM Corp. Bhd. | 325400 | 192298 |
| # | Inari Amertron Bhd. | 90600 | 56472 |
|  | Insas Bhd. | 57200 | 11544 |
| # | IOI Corp. Bhd. | 220100 | 211226 |
|  | IOI Properties Group <br> Bhd.<br>| 260800 | 130766 |
| # | ITMAX SYSTEM Bhd. | 44700 | 48452 |
|  | JAKS Resources Bhd. | 248000 | 6213 |
|  | Jaya Tiasa Holdings <br> Bhd.<br>| 304100 | 83484 |
| \* | JCY International Bhd. | 246900 | 24938 |
|  | Keck Seng Malaysia <br> Bhd.<br>| 18200 | 24131 |
|  | Kelington Group Bhd. | 149000 | 194940 |
|  | Kenanga Investment <br> Bank Bhd.<br>| 217300 | 44040 |
| # | Kerjaya Prospek Group <br> Bhd.<br>| 76800 | 51075 |
|  | Kim Loong Resources <br> Bhd.<br>| 75700 | 41917 |
| \* | Kinergy Advancement <br> Bhd.<br>| 89100 | 8187 |
| # | Kossan Rubber <br> Industries Bhd.<br>| 406300 | 115165 |
| # | KPJ Healthcare Bhd. | 297700 | 201518 |
| # | KSL Holdings Bhd. | 127004 | 90966 |
|  | Kuala Lumpur Kepong <br> Bhd.<br>| 67247 | 328896 |
| # | Lagenda Properties <br> Bhd.<br>| 120400 | 36206 |
|  | LBS Bina Group Bhd. | 400400 | 40597 |
| # | Leong Hup <br> International Bhd.<br>| 495600 | 77487 |
| #\*Ω | Lotte Chemical Titan <br> Holding Bhd.<br>| 164900 | 21613 |
| # | LPI Capital Bhd. | 87300 | 299644 |
|  | Magni-Tech Industries <br> Bhd.<br>| 39000 | 19812 |
| # | Magnum Bhd. | 228500 | 75858 |
|  | Mah Sing Group Bhd. | 422900 | 104911 |
| # | Malakoff Corp. Bhd. | 458400 | 118134 |
|  | Malayan Banking Bhd. | 359400 | 847028 |
|  | Malayan Cement Bhd. | 89900 | 147266 |
| # | Malayan Flour Mills <br> Bhd.<br>| 313600 | 44192 |
|  | Malaysia Smelting <br> Corp. Bhd.<br>| 126200 | 41537 |
|  | Malaysian Pacific <br> Industries Bhd.<br>| 32100 | 229213 |

---

726

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | Malaysian Resources <br> Corp. Bhd.<br>| 684000 | $73370 |
|  | Matrix Concepts <br> Holdings Bhd.<br>| 377025 | 123283 |
|  | Maxis Bhd. | 285800 | 259345 |
| # | MBM Resources Bhd. | 68200 | 85667 |
|  | MBSB Bhd. | 833400 | 144156 |
|  | Mega First Corp. Bhd. | 197200 | 174511 |
|  | Mi Technovation Bhd. | 31700 | 23844 |
|  | MISC Bhd. | 130100 | 241950 |
|  | MKH Bhd. | 32700 | 8335 |
|  | MKH Oil Palm East <br> Kalimantan Bhd.<br>| 4671 | 708 |
|  | MNRB Holdings Bhd. | 162400 | 73191 |
| #Ω | Mr. DIY Group M Bhd. | 553000 | 210966 |
| # | Muhibbah Engineering <br> M Bhd.<br>| 204350 | 26316 |
|  | Nationgate Holdings <br> Bhd.<br>| 145200 | 40739 |
|  | Nestle Malaysia Bhd. | 8800 | 237412 |
| # | NEXG Bhd. | 468600 | 42471 |
| †† | Nylex Malaysia Bhd. | 1640 | 18 |
| # | OCK Group Bhd. | 270500 | 28099 |
|  | Oriental Holdings Bhd. | 69100 | 113021 |
|  | OSK Holdings Bhd. | 369900 | 125416 |
|  | Padini Holdings Bhd. | 141500 | 63858 |
|  | Panasonic <br> Manufacturing <br> Malaysia Bhd.<br>| 5200 | 10335 |
|  | Pantech Group <br> Holdings Bhd.<br>| 133700 | 21374 |
|  | Pecca Group Bhd. | 76200 | 24550 |
| # | Perak Transit Bhd. | 259500 | 21027 |
| \* | Perdana Petroleum <br> Bhd.<br>| 279000 | 10669 |
| # | Petron Malaysia <br> Refining & Marketing <br> Bhd.<br>| 9400 | 8468 |
|  | Petronas Chemicals <br> Group Bhd.<br>| 293600 | 273094 |
| # | Petronas Dagangan <br> Bhd.<br>| 36100 | 195463 |
| # | Petronas Gas Bhd. | 38400 | 169518 |
|  | PPB Group Bhd. | 95100 | 252834 |
|  | Press Metal Aluminium <br> Holdings Bhd.<br>| 301400 | 455284 |
|  | Public Bank Bhd. | 1106200 | 1113630 |
| # | QL Resources Bhd. | 196600 | 194749 |
| #\* | Ranhill Utilities Bhd. | 83268 | 36519 |
|  | RCE Capital Bhd. | 97200 | 25044 |
|  | RGB International <br> Bhd.<br>| 242700 | 13902 |
| # | RHB Bank Bhd. | 277588 | 448768 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | Sam Engineering & <br> Equipment M Bhd.<br>| 20000 | $23227 |
|  | Sarawak Oil Palms <br> Bhd.<br>| 132000 | 117536 |
| # | Scientex Bhd. | 212900 | 172296 |
|  | SD Guthrie Bhd. | 262500 | 330891 |
|  | Sime Darby Bhd. | 735500 | 359557 |
| # | Sime Darby Property <br> Bhd.<br>| 535900 | 172327 |
|  | SKP Resources Bhd. | 331600 | 62096 |
| #\* | Solarvest Holdings <br> Bhd.<br>| 100300 | 72817 |
|  | Southern Cable Group <br> Bhd.<br>| 109500 | 53428 |
|  | SP Setia Bhd. Group | 714500 | 147345 |
| # | Sports Toto Bhd. | 195262 | 64777 |
| # | Sunway Bhd. | 53400 | 68838 |
| # | Sunway Construction <br> Group Bhd.<br>| 55500 | 77852 |
| \* | Supermax Corp. Bhd. | 395760 | 44775 |
|  | Syarikat Takaful <br> Malaysia Keluarga <br> Bhd.<br>| 119100 | 88120 |
|  | Ta Ann Holdings Bhd. | 108300 | 108496 |
|  | Taliworks Corp. Bhd. | 101500 | 12957 |
| # | Telekom Malaysia <br> Bhd.<br>| 94546 | 164770 |
|  | Tenaga Nasional Bhd. | 146400 | 463832 |
|  | Teo Seng Capital Bhd. | 144400 | 39258 |
|  | TIME dotCom Bhd. | 180200 | 205153 |
| \* | Top Glove Corp. Bhd. | 1173200 | 176230 |
| #\* | Tropicana Corp. Bhd. | 394700 | 110129 |
| # | TSH Resources Bhd. | 228800 | 74207 |
| # | Uchi Technologies <br> Bhd.<br>| 61700 | 45633 |
| # | UEM Sunrise Bhd. | 429200 | 65491 |
|  | Unisem M Bhd. | 88500 | 74451 |
|  | United Plantations <br> Bhd.<br>| 42450 | 251021 |
| # | UOA Development <br> Bhd.<br>| 129100 | 56955 |
| # | Velesto Energy Bhd. | 1591500 | 95108 |
|  | ViTrox Corp. Bhd. | 43800 | 47064 |
| # | VS Industry Bhd. | 864259 | 101878 |
|  | Wasco Bhd. | 97700 | 20179 |
| #\* | WCT Holdings Bhd. | 444100 | 79425 |
| # | Wellcall Holdings Bhd. | 73500 | 22112 |
| # | Westports Holdings <br> Bhd.<br>| 143468 | 176263 |
|  | Yinson Holdings Bhd. | 341386 | 193166 |
| # | YTL Corp. Bhd. | 729740 | 452049 |
| # | YTL Power <br> International Bhd.<br>| 245880 | 233713 |

---

727

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | Zetrix Ai Bhd. | 1498840 | $301992 |
| TOTAL MALAYSIA | TOTAL MALAYSIA |  | 23619317 |
| MEXICO — (2.5%) | MEXICO — (2.5%) | MEXICO — (2.5%) | MEXICO — (2.5%) |
| # | Alpek SAB de CV | 124134 | 62807 |
|  | Alsea SAB de CV | 137445 | 380335 |
| # | America Movil SAB de <br> CV (2228390D US), <br> ADR<br>| 80990 | 1844142 |
|  | America Movil SAB de <br> CV (AMXB MM)<br>| 765152 | 870647 |
|  | Arca Continental SAB <br> de CV<br>| 44501 | 430626 |
| \* | Axtel SAB de CV | 286246 | 44373 |
| Ω | Banco del Bajio SA | 323044 | 824368 |
| # | Becle SAB de CV | 67973 | 83491 |
|  | Bolsa Mexicana de <br> Valores SAB de CV<br>| 124861 | 238048 |
|  | Cemex SAB de CV <br> (CEMEXCPO MM)<br>| 501964 | 509029 |
|  | Cemex SAB de CV <br> (CX US), Sponsored <br> ADR<br>| 165554 | 1680373 |
|  | Coca-Cola Femsa SAB <br> de CV (KOFUBL <br> MM)<br>| 76660 | 658347 |
|  | Consorcio ARA SAB <br> de CV<br>| 105588 | 20062 |
| \* | Controladora Vuela Cia <br> de Aviacion SAB de <br> CV (VOLARA MM), <br> Class A<br>| 270195 | 180048 |
| # | Corp. Inmobiliaria <br> Vesta SAB de CV<br>| 168587 | 511791 |
|  | Corporativo Fragua <br> SAB de CV<br>| 1253 | 36419 |
|  | El Puerto de Liverpool <br> SAB de CV, <br> Class C1<br>| 27629 | 134617 |
|  | Fomento Economico <br> Mexicano SAB de <br> CV (FEMSAUBD <br> MM)<br>| 42531 | 400689 |
|  | GCC SAB de CV | 74770 | 717657 |
|  | Genomma Lab <br> Internacional SAB <br> de CV, Class B<br>| 255666 | 249632 |
|  | Gentera SAB de CV | 500172 | 1186456 |
|  | Gruma SAB de CV, <br> Class B<br>| 40207 | 680955 |
|  | Grupo Aeroportuario <br> del Centro Norte <br> SAB de CV<br>| 90964 | 1121033 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
|  | Grupo Aeroportuario <br> del Pacifico SAB de <br> CV (GAPB MM), <br> Class B<br>| 1705 | $35411 |
| # | Grupo Aeroportuario <br> del Pacifico SAB de <br> CV (PAC US), ADR<br>| 6258 | 1303667 |
|  | Grupo Aeroportuario <br> del Sureste SAB de <br> CV (ASR US), ADR<br>| 2909 | 879507 |
| # | Grupo Bimbo SAB de <br> CV<br>| 185553 | 640799 |
|  | Grupo Carso SAB de <br> CV<br>| 35452 | 251829 |
| # | Grupo Comercial <br> Chedraui SA de CV<br>| 76907 | 558594 |
|  | Grupo Financiero <br> Banorte SAB de CV, <br> Class O<br>| 234762 | 2203883 |
|  | Grupo Financiero <br> Inbursa SAB de CV, <br> Class O<br>| 169670 | 411058 |
|  | Grupo Herdez SAB de <br> CV<br>| 49384 | 186069 |
|  | Grupo Industrial Saltillo <br> SAB de CV<br>| 47090 | 35130 |
|  | Grupo Mexico SAB de <br> CV<br>| 377982 | 3261528 |
| \* | Grupo Nutrisa SAB de <br> CV<br>| 49384 | 13556 |
| # | Grupo Rotoplas SAB <br> de CV<br>| 69803 | 50384 |
| # | Grupo Televisa SAB <br> (TLEVICPO MM)<br>| 532333 | 277936 |
|  | Grupo Televisa SAB <br> (TV US), Sponsored <br> ADR<br>| 3890 | 10270 |
| #\*Ω | Grupo Traxion SAB de <br> CV<br>| 47650 | 35086 |
| \* | Industrias Penoles <br> SAB de CV<br>| 52758 | 2228879 |
|  | Kimberly-Clark de <br> Mexico SAB de CV, <br> Class A<br>| 284023 | 550511 |
| # | La Comer SAB de CV | 115844 | 250912 |
|  | Megacable Holdings <br> SAB de CV<br>| 383694 | 1098098 |
| \*Ω | Nemak SAB de CV | 984552 | 205087 |
| \* | Ollamani SAB | 13139 | 43670 |
| # | Operadora De Sites <br> Mexicanos SAB de <br> CV, Class A-1<br>| 165425 | 148699 |

---

728

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
|  | Orbia Advance Corp. <br> SAB de CV<br>| 213512 | $193303 |
| #\* | Promotora de Hoteles <br> Norte 19 SAB de <br> CV<br>| 68246 | 24685 |
|  | Promotora y <br> Operadora de <br> Infraestructura SAB <br> de CV (PINFRA <br> MM)<br>| 45684 | 590178 |
| # | Qualitas Controladora <br> SAB de CV<br>| 54738 | 496630 |
|  | Regional SAB de CV | 110744 | 820454 |
| #\* | Sitios Latinoamerica <br> SAB de CV<br>| 179805 | 45197 |
| \* | Vista Energy SAB de <br> CV (VIST US), ADR<br>| 15104 | 731789 |
|  | Wal-Mart de Mexico <br> SAB de CV<br>| 257012 | 850781 |
| TOTAL MEXICO | TOTAL MEXICO |  | 31299525 |
| PERU — (0.1%) | PERU — (0.1%) | PERU — (0.1%) | PERU — (0.1%) |
|  | Cementos Pacasmayo <br> SAA, ADR<br>| 1995 | 14504 |
|  | Credicorp Ltd. | 4100 | 1070100 |
|  | Intercorp Financial <br> Services, Inc.<br>| 2254 | 96989 |
| TOTAL PERU | TOTAL PERU |  | 1181593 |
| PHILIPPINES — (0.6%) | PHILIPPINES — (0.6%) | PHILIPPINES — (0.6%) | PHILIPPINES — (0.6%) |
|  | Aboitiz Equity <br> Ventures, Inc.<br>| 228800 | 110727 |
|  | Aboitiz Power Corp. | 161100 | 112862 |
|  | ACEN Corp. | 3196587 | 125823 |
|  | Alliance Global Group, <br> Inc.<br>| 821400 | 101814 |
|  | Apex Mining Co., Inc. | 806000 | 127607 |
|  | Asia United Bank <br> Corp.<br>| 18940 | 11929 |
| \* | Atlas Consolidated <br> Mining & <br> Development Corp.<br>| 193200 | 16821 |
|  | Ayala Corp. | 21540 | 171175 |
|  | Ayala Land, Inc. | 727000 | 245577 |
| \* | AyalaLand Logistics <br> Holdings Corp.<br>| 199500 | 4510 |
|  | Bank of the Philippine <br> Islands<br>| 158871 | 284509 |
|  | BDO Unibank, Inc. | 283632 | 643261 |
|  | Bloomberry Resorts <br> Corp.<br>| 875100 | 47544 |
| \* | Cebu Air, Inc. | 91800 | 45698 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |
|  | Century Pacific Food, <br> Inc.<br>| 253600 | $150913 |
|  | China Banking Corp. | 213740 | 185633 |
|  | Converge Information <br> & Communications <br> Technology <br> Solutions, Inc.<br>| 620300 | 134297 |
|  | Cosco Capital, Inc. | 413300 | 48534 |
|  | D&L Industries, Inc. | 535900 | 41066 |
|  | DigiPlus Interactive <br> Corp.<br>| 286500 | 101676 |
| \* | DITO CME Holdings <br> Corp.<br>| 1766000 | 24610 |
|  | DMCI Holdings, Inc. | 1170700 | 224463 |
|  | DoubleDragon Corp. | 74100 | 12471 |
|  | East West Banking <br> Corp.<br>| 63100 | 12307 |
|  | Emperador, Inc. | 122400 | 33220 |
|  | First Philippine <br> Holdings Corp.<br>| 7400 | 8991 |
|  | Ginebra San Miguel, <br> Inc.<br>| 13660 | 64914 |
| \* | Global Ferronickel <br> Holdings, Inc.<br>| 454000 | 9796 |
|  | Globe Telecom, Inc. | 5839 | 146402 |
|  | GT Capital Holdings, <br> Inc.<br>| 27440 | 254523 |
|  | International Container <br> Terminal Services, <br> Inc.<br>| 79560 | 717582 |
|  | JG Summit Holdings, <br> Inc.<br>| 515620 | 209710 |
|  | Jollibee Foods Corp. | 54940 | 202134 |
|  | Keepers Holdings, Inc. | 1422000 | 56222 |
|  | LT Group, Inc. | 440100 | 109382 |
|  | Manila Electric Co. | 14220 | 141153 |
|  | Manila Water Co., Inc. | 274300 | 161925 |
|  | Megaworld Corp. | 2626000 | 88837 |
|  | Metropolitan Bank & <br> Trust Co.<br>| 295680 | 346581 |
| Ω | Monde Nissin Corp. | 495900 | 56861 |
|  | Nickel Asia Corp. | 1696200 | 105731 |
|  | Petron Corp. | 604000 | 24151 |
|  | Philex Mining Corp. | 495900 | 68148 |
|  | Philippine National <br> Bank<br>| 104500 | 91600 |
|  | Philippine Seven <br> Corp.<br>| 75800 | 53412 |
| # | PLDT, Inc. (PHI US), <br> Sponsored ADR<br>| 4515 | 87501 |
|  | PLDT, Inc. (TEL PM) | 13585 | 258188 |
|  | Puregold Price Club, <br> Inc.<br>| 355400 | 229772 |
|  | Robinsons Land Corp. | 338600 | 85737 |

---

729

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |
|  | Robinsons Retail <br> Holdings, Inc.<br>| 104290 | $61662 |
|  | San Miguel Corp. | 123440 | 136408 |
|  | Security Bank Corp. | 81130 | 95901 |
|  | Semirara Mining & <br> Power Corp.<br>| 295700 | 166030 |
|  | SM Investments Corp. | 5310 | 65708 |
|  | SM Prime Holdings, <br> Inc.<br>| 505400 | 192372 |
|  | STI Education Systems <br> Holdings, Inc.<br>| 433000 | 10436 |
|  | Synergy Grid & <br> Development Phils, <br> Inc.<br>| 228900 | 57850 |
|  | Union Bank of the <br> Philippines<br>| 113493 | 55569 |
|  | Universal Robina <br> Corp.<br>| 151310 | 187536 |
|  | Vista Land & <br> Lifescapes, Inc.<br>| 439000 | 7162 |
|  | Wilcon Depot, Inc. | 441700 | 57805 |
| TOTAL PHILIPPINES | TOTAL PHILIPPINES |  | 7692739 |
| POLAND — (1.7%) | POLAND — (1.7%) | POLAND — (1.7%) | POLAND — (1.7%) |
| \* | 11 bit studios SA | 100 | 4787 |
|  | AB SA | 3601 | 94778 |
| \* | Action SA | 2226 | 18540 |
|  | Agora SA | 3744 | 9297 |
|  | Alior Bank SA | 31502 | 877808 |
| \*Ω | Allegro.eu SA | 48710 | 454846 |
|  | Amica SA | 943 | 14733 |
|  | AmRest Holdings SE | 19232 | 77046 |
|  | Apator SA | 2057 | 13091 |
| \* | Arctic Paper SA | 6617 | 15191 |
|  | ASBISc Enterprises <br> PLC<br>| 18216 | 146943 |
|  | Asseco Poland SA | 19000 | 1105168 |
|  | Asseco South Eastern <br> Europe SA<br>| 5464 | 97786 |
|  | Auto Partner SA | 21165 | 103309 |
|  | Bank Handlowy w <br> Warszawie SA<br>| 7376 | 207913 |
| \* | Bank Millennium SA | 77056 | 322538 |
| \* | Bank Ochrony <br> Srodowiska SA<br>| 4752 | 15487 |
|  | Bank Polska Kasa <br> Opieki SA<br>| 25744 | 1318138 |
|  | Benefit Systems SA | 781 | 662466 |
|  | BNPP Bank Polska <br> SA<br>| 2437 | 74657 |
| # | Boryszew SA | 16052 | 26063 |
|  | Budimex SA | 2362 | 374990 |
| #\* | CCC SA | 10046 | 411177 |
|  | CD Projekt SA | 1612 | 110756 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) |
| \* | Celon Pharma SA | 4770 | $27840 |
| \* | CI Games SA | 24604 | 19169 |
| \* | Cognor Holding SA | 48215 | 86201 |
|  | Cyber Folks SA | 1639 | 81992 |
| \* | Cyfrowy Polsat SA | 70997 | 254778 |
| #\* | Datawalk SA | 786 | 19397 |
|  | Develia SA | 131868 | 291522 |
| \*Ω | Dino Polska SA | 43380 | 518144 |
|  | Dom Development SA | 2304 | 153497 |
| \* | Echo Investment SA | 14488 | 21571 |
|  | Elektrotim SA | 948 | 12876 |
| \* | Enea SA | 131184 | 735889 |
|  | Erbud SA | 2441 | 18902 |
| #\* | Eurocash SA | 20485 | 44678 |
|  | Ferro SA | 2086 | 17730 |
| \* | Grupa Azoty SA | 15912 | 80636 |
|  | Grupa Kety SA | 2577 | 648562 |
|  | Grupa Pracuj SA | 5395 | 82776 |
| \*Ω | HUUUGE, Inc. | 7113 | 46532 |
|  | ING Bank Slaski SA | 6039 | 515242 |
| # | Inter Cars SA | 2190 | 327252 |
| #\* | Jastrzebska Spolka <br> Weglowa SA<br>| 17055 | 119489 |
| \* | KGHM Polska Miedz <br> SA<br>| 15712 | 824144 |
|  | KRUK SA | 3974 | 488513 |
|  | LPP SA | 91 | 441730 |
| \* | Lubelski Wegiel <br> Bogdanka SA<br>| 4943 | 28768 |
| \* | mBank SA | 1607 | 427927 |
|  | Mirbud SA | 37238 | 137011 |
|  | Mo-BRUK SA | 750 | 59593 |
| \* | Mostostal Zabrze SA | 3152 | 5712 |
|  | Neuca SA | 324 | 65246 |
|  | Newag SA | 937 | 23053 |
|  | Orange Polska SA | 115393 | 281225 |
|  | ORLEN SA | 45636 | 1236911 |
|  | PCC Rokita SA | 522 | 9651 |
|  | Pepco Group NV | 39795 | 299738 |
| \* | PGE Polska Grupa <br> Energetyczna SA<br>| 234280 | 710401 |
| \* | PKP Cargo SA | 11150 | 48459 |
|  | PlayWay SA | 453 | 32867 |
| \* | Polimex-Mostostal SA | 22762 | 36564 |
|  | Powszechna Kasa <br> Oszczednosci Bank <br> Polski SA<br>| 87474 | 1793502 |
|  | Powszechny Zaklad <br> Ubezpieczen SA<br>| 50396 | 805790 |
| # | Rainbow Tours SA | 3257 | 109589 |
|  | Santander Bank <br> Polska SA<br>| 3120 | 410893 |
| \* | Selvita SA | 2243 | 22406 |
|  | Stalexport Autostrady <br> SA<br>| 47250 | 36820 |

---

730

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) |
|  | Synektik SA | 1977 | $140709 |
| \* | Tauron Polska Energia <br> SA<br>| 384430 | 1040704 |
|  | TEN Square Games <br> SA<br>| 1121 | 27463 |
| # | Text SA | 2642 | 34786 |
|  | Torpol SA | 3546 | 51147 |
| \* | Toya SA | 15156 | 42848 |
|  | Unimot SA | 1602 | 56666 |
| # | Votum SA | 2696 | 34093 |
|  | Voxel SA | 1246 | 51333 |
| \* | VRG SA | 12611 | 15165 |
|  | Warsaw Stock <br> Exchange<br>| 5799 | 95924 |
| # | Wirtualna Polska <br> Holding SA<br>| 3330 | 49993 |
| #Ω | XTB SA | 20618 | 389039 |
| \* | Zespol <br> Elektrocieplowni <br> Wroclawskich <br> Kogeneracja SA<br>| 715 | 12095 |
| \* | Zespol Elektrowni <br> Patnow Adamow <br> Konin SA<br>| 2547 | 15445 |
| TOTAL POLAND | TOTAL POLAND |  | 21076106 |
| QATAR — (1.0%) | QATAR — (1.0%) | QATAR — (1.0%) | QATAR — (1.0%) |
|  | Aamal Co. | 690990 | 150004 |
|  | Ahli Bank QSC | 7774 | 7711 |
|  | Al Khaleej Takaful <br> Group QSC<br>| 64237 | 41964 |
|  | Al Meera Consumer <br> Goods Co. QSC<br>| 34013 | 136623 |
|  | Al Rayan Bank | 596289 | 383327 |
|  | Alijarah Holding Co. <br> QPSC<br>| 111421 | 21128 |
| \* | Baladna | 290516 | 121818 |
|  | Barwa Real Estate <br> Co.<br>| 550955 | 397882 |
|  | Commercial Bank <br> PSQC <br>| 550809 | 626844 |
| \* | Dlala Brokerage & <br> Investments Holding <br> Co. QSC<br>| 31913 | 8829 |
|  | Doha Bank QPSC | 824760 | 569183 |
|  | Doha Insurance Co. <br> QSC<br>| 36664 | 25388 |
|  | Dukhan Bank | 126402 | 120663 |
| \* | Estithmar Holding <br> QPSC<br>| 79104 | 89087 |
|  | Gulf International <br> Services QSC<br>| 538519 | 456543 |
|  | Gulf Warehousing Co. | 117665 | 82687 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) |
|  | Industries Qatar QSC | 22033 | $76767 |
|  | Lesha Bank LLC | 238245 | 118173 |
|  | Mannai Corp. QSC | 54198 | 78986 |
| \* | Mazaya Real Estate <br> Development QPSC<br>| 415893 | 70071 |
|  | Medicare Group | 75589 | 134845 |
|  | Meeza QSTP LLC | 18830 | 17559 |
|  | Mesaieed <br> Petrochemical <br> Holding Co.<br>| 535422 | 183615 |
|  | Ooredoo QPSC | 145622 | 541607 |
|  | Qatar Aluminum <br> Manufacturing Co.<br>| 907132 | 386637 |
|  | Qatar Electricity & <br> Water Co. QSC<br>| 43059 | 181931 |
|  | Qatar Fuel QSC | 74266 | 305926 |
|  | Qatar Gas Transport <br> Co. Ltd.<br>| 281338 | 341590 |
|  | Qatar Industrial <br> Manufacturing Co. <br> QSC<br>| 105402 | 69896 |
|  | Qatar Insurance Co. <br> SAQ<br>| 459902 | 258889 |
|  | Qatar International <br> Islamic Bank QSC<br>| 129463 | 396313 |
|  | Qatar Islamic Bank <br> QPSC<br>| 93935 | 633279 |
|  | Qatar Islamic <br> Insurance Group<br>| 34156 | 82782 |
|  | Qatar National Bank <br> QPSC<br>| 758520 | 3857824 |
|  | Qatar National Cement <br> Co. QSC<br>| 150829 | 126093 |
|  | Qatar Navigation QSC | 149005 | 455086 |
|  | QLM Life & Medical <br> Insurance Co. WLL<br>| 21504 | 14968 |
|  | Salam International <br> Investment Ltd. <br> QSC<br>| 324796 | 67413 |
|  | United Development <br> Co. QSC<br>| 605863 | 156910 |
|  | Vodafone Qatar PQSC | 729068 | 481193 |
| \* | Widam Food Co. | 34792 | 18977 |
|  | Zad Holding Co. | 27321 | 104917 |
| TOTAL QATAR | TOTAL QATAR |  | 12401928 |
| RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) |
| \*†† | Gazprom PJSC <br> (OGZPY US), <br> Sponsored ADR<br>| 146620 | 0 |

---

731

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| RUSSIA — (Continued) | RUSSIA — (Continued) | RUSSIA — (Continued) | RUSSIA — (Continued) |
| \*†† | Magnitogorsk Iron & <br> Steel Works PJSC <br> (MMK LI), <br> Sponsored GDR<br>| 3184 | $0 |
| \*†† | Polyus PJSC (PLZL <br> LI), GDR<br>| 1516 | 0 |
| \*†† | RusHydro PJSC <br> (RSHYY US), ADR<br>| 12112 | 0 |
| \*†† | Sberbank of Russia <br> PJSC (SBER LI), <br> Sponsored ADR<br>| 96975 | 0 |
| \*†† | Severstal PAO (SVJTY <br> US), GDR<br>| 4377 | 0 |
| \*†† | VTB Bank PJSC <br> (VTBR LI), GDR<br>| 49902 | 0 |
| SAUDI ARABIA — (4.2%) | SAUDI ARABIA — (4.2%) | SAUDI ARABIA — (4.2%) | SAUDI ARABIA — (4.2%) |
|  | Abdullah Al Othaim <br> Markets Co.<br>| 133017 | 270067 |
| \* | ACWA Power Co. | 9530 | 615648 |
|  | Ades Holding Co. | 99546 | 449845 |
| \* | Advanced Building <br> Industries Co.<br>| 7044 | 67157 |
| \* | Advanced <br> Petrochemical Co.<br>| 22914 | 231089 |
|  | Al Babtain Power & <br> Telecommunication <br> Co.<br>| 15713 | 262993 |
| \* | Al Gassim Investment <br> Holding Co.<br>| 2723 | 13474 |
|  | Al Hammadi Holding | 27475 | 255956 |
|  | Al Hassan Ghazi <br> Ibrahim Shaker Co.<br>| 7342 | 51179 |
|  | Al Jouf Agricultural <br> Development Co.<br>| 5570 | 68293 |
| \* | Al Jouf Cement Co. | 21425 | 39988 |
| \* | Al Khaleej Training & <br> Education Co.<br>| 7907 | 61678 |
|  | Al Masane Al Kobra <br> Mining Co.<br>| 10854 | 218873 |
|  | Al Rajhi Bank | 166456 | 4704732 |
| \* | Al Rajhi Co. for <br> Co-operative <br> Insurance<br>| 3681 | 115721 |
|  | Al Taiseer Group <br> TALCO Industrial <br> Co.<br>| 3206 | 34799 |
|  | Al Yamamah Steel <br> Industries Co.<br>| 6566 | 64330 |
|  | Alamar Foods | 3694 | 48026 |
|  | Alandalus Property <br> Co.<br>| 12737 | 67917 |
|  | Alaseel Co. | 67565 | 64274 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Al-Dawaa Medical <br> Services Co.<br>| 10299 | $179930 |
|  | Aldrees Petroleum & <br> Transport Services <br> Co.<br>| 9738 | 398575 |
|  | Al-Etihad Cooperative <br> Insurance Co.<br>| 8608 | 24816 |
|  | Alinma Bank | 148923 | 1031163 |
|  | AlJazira Takaful <br> Ta'awuni Co.<br>| 10973 | 36183 |
|  | AlKhorayef Water & <br> Power Technologies <br> Co.<br>| 4304 | 172594 |
| \* | Allianz Saudi Fransi <br> Cooperative <br> Insurance Co.<br>| 7796 | 28397 |
|  | Almarai Co. JSC | 90109 | 1194683 |
|  | Almawarid Manpower <br> Co.<br>| 1569 | 56059 |
|  | Almunajem Foods Co. | 3625 | 55958 |
|  | Alujain Corp. | 12109 | 103143 |
| \* | Amlak International <br> Finance Co.<br>| 17813 | 66030 |
| \* | Anaam International <br> Holding Group Co.<br>| 3928 | 15722 |
|  | Arab National Bank | 126216 | 816304 |
| \* | Arabia Insurance <br> Cooperative Co.<br>| 7276 | 20735 |
|  | Arabian Cement Co. | 17652 | 104202 |
| Ω | Arabian Centres Co. | 47522 | 277685 |
|  | Arabian Drilling Co. | 11766 | 277851 |
|  | Arabian Internet & <br> Communications <br> Services Co.<br>| 4806 | 322785 |
|  | Arabian Pipes Co. | 41039 | 62388 |
| \* | Arabian Shield <br> Cooperative <br> Insurance Co.<br>| 11421 | 39695 |
|  | Arriyadh Development <br> Co.<br>| 33463 | 262841 |
| \* | ARTEX Industrial <br> Investment Co.<br>| 6507 | 24357 |
| \* | Ash-Sharqiyah <br> Development Co.<br>| 4692 | 20288 |
|  | Astra Industrial Group <br> Co.<br>| 7689 | 305206 |
|  | Ataa Educational Co. | 3582 | 64496 |
| \* | BAAN Holding Group <br> Co.<br>| 48127 | 27669 |
|  | Baazeem Trading Co. | 11310 | 20869 |
|  | Banan Real Estate <br> Co.<br>| 10034 | 11950 |
|  | Bank AlBilad | 134031 | 1059058 |
| \* | Bank Al-Jazira | 108372 | 364461 |

---

732

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Banque Saudi Fransi | 169989 | $808985 |
|  | Basic Chemical <br> Industries Ltd.<br>| 6002 | 44869 |
|  | Bawan Co. | 7075 | 106660 |
|  | BinDawood Holding <br> Co.<br>| 87147 | 133627 |
|  | Bupa Arabia for <br> Cooperative <br> Insurance Co.<br>| 7704 | 337295 |
|  | Catrion Catering <br> Holding Co.<br>| 12476 | 321675 |
| \* | Chubb Arabia <br> Cooperative <br> Insurance Co.<br>| 4750 | 40766 |
|  | City Cement Co. | 28229 | 109687 |
|  | Co. for Cooperative <br> Insurance <br>| 13889 | 504934 |
|  | Dallah Healthcare Co. | 4859 | 199542 |
| \* | Dar Al Arkan Real <br> Estate Development <br> Co.<br>| 91241 | 420203 |
|  | Dr. Sulaiman Al Habib <br> Medical Services <br> Group Co.<br>| 12721 | 924255 |
|  | East Pipes Integrated <br> Co. for Industry<br>| 4865 | 188605 |
|  | Eastern Province <br> Cement Co.<br>| 17360 | 119802 |
|  | Electrical Industries <br> Co.<br>| 163048 | 502182 |
|  | Elm Co. | 3197 | 808771 |
| \* | Emaar Economic City | 64049 | 217476 |
|  | Etihad Atheeb <br> Telecommunication <br> Co.<br>| 5014 | 143765 |
|  | Etihad Etisalat Co. | 90666 | 1635747 |
| \* | Fawaz Abdulaziz Al <br> Hokair & Co.<br>| 13049 | 84186 |
|  | First Milling Co. | 7320 | 104803 |
| \* | Fitaihi Holding Group | 33088 | 28664 |
|  | Gulf Insurance Group | 8184 | 55170 |
| \* | Gulf Union Cooperative <br> Insurance Co.<br>| 5589 | 17899 |
| \* | Halwani Brothers Co. | 3722 | 38496 |
| \* | Herfy Food Services <br> Co.<br>| 10046 | 55999 |
|  | Jamjoom <br> Pharmaceuticals <br> Factory Co.<br>| 3273 | 135994 |
|  | Jarir Marketing Co. | 115275 | 436590 |
| \* | L'Azurde Co. for <br> Jewelry<br>| 14411 | 47876 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Leejam Sports Co. <br> JSC<br>| 7632 | $260616 |
| \* | Liva Insurance Co. | 5930 | 20982 |
| \* | Lumi Rental Co. | 8586 | 143216 |
|  | Maharah Human <br> Resources Co.<br>| 60735 | 89595 |
| \* | Malath Cooperative <br> Insurance Co.<br>| 6275 | 20780 |
| \* | Mediterranean & Gulf <br> Cooperative <br> Insurance & <br> Reinsurance Co.<br>| 17635 | 72091 |
| \* | Methanol Chemicals <br> Co.<br>| 8306 | 22235 |
|  | Middle East Healthcare <br> Co.<br>| 13877 | 189273 |
| \* | Middle East Paper Co. | 13477 | 97014 |
|  | Middle East <br> Pharmaceutical Co.<br>| 2016 | 73803 |
|  | Middle East <br> Specialized Cables <br> Co.<br>| 6580 | 51429 |
|  | Mobile <br> Telecommunications <br> Co. Saudi Arabia<br>| 223892 | 685192 |
|  | Mouwasat Medical <br> Services Co.<br>| 14247 | 292018 |
|  | Nahdi Medical Co. | 7720 | 238987 |
| \* | Najran Cement Co. | 31014 | 62344 |
| \* | Nama Chemicals Co. | 1662 | 11558 |
| \* | National Agriculture <br> Development Co. <br>| 42965 | 238917 |
|  | National Co. for Glass <br> Industries <br>| 2778 | 30220 |
|  | National Co. for <br> Learning & <br> Education<br>| 2618 | 120914 |
|  | National Gas & <br> Industrialization Co.<br>| 2960 | 70204 |
| \* | National Gypsum | 2758 | 14218 |
| \* | National <br> Industrialization Co.<br>| 149710 | 461844 |
|  | National Medical Care <br> Co.<br>| 3315 | 156636 |
| \* | National Metal <br> Manufacturing & <br> Casting Co.<br>| 2893 | 12826 |
|  | Nayifat Finance Co. | 17779 | 62975 |
|  | Northern Region <br> Cement Co.<br>| 31471 | 67346 |
| \* | Perfect Presentation <br> For Commercial <br> Services Co.<br>| 13729 | 37358 |

---

733

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
| \* | Power & Water Utility <br> Co. for Jubail & <br> Yanbu<br>| 15091 | $169868 |
|  | Qassim Cement Co. | 19051 | 214120 |
| \* | Rabigh Refining & <br> Petrochemical Co.<br>| 103464 | 247718 |
| \* | Red Sea International <br> Co.<br>| 2768 | 29940 |
|  | Retal Urban <br> Development Co.<br>| 51879 | 163176 |
|  | Riyad Bank | 210539 | 1528791 |
|  | Riyadh Cables Group <br> Co.<br>| 7575 | 285787 |
|  | Riyadh Cement Co. | 21193 | 148635 |
|  | SABIC Agri-Nutrients <br> Co.<br>| 28214 | 921187 |
|  | Sahara International <br> Petrochemical Co.<br>| 60359 | 304204 |
|  | SAL Saudi Logistics <br> Services<br>| 7061 | 331579 |
| \* | Saudi Arabian Amiantit <br> Co.<br>| 7245 | 39108 |
| \* | Saudi Arabian Mining <br> Co.<br>| 70666 | 1214872 |
| Ω | Saudi Arabian Oil Co. | 588730 | 4067825 |
|  | Saudi Aramco Base Oil <br> Co.<br>| 11577 | 297499 |
|  | Saudi Automotive <br> Services Co.<br>| 9731 | 186060 |
|  | Saudi Awwal Bank | 107649 | 928846 |
|  | Saudi Basic Industries <br> Corp.<br>| 61752 | 1005112 |
|  | Saudi Cement Co. | 34763 | 354765 |
|  | Saudi Ceramic Co. | 13091 | 106771 |
|  | Saudi Chemical Co. <br> Holding<br>| 147574 | 290286 |
| \* | Saudi Co. For <br> Hardware CJSC<br>| 1325 | 11742 |
| \* | Saudi Darb Investment <br> Co.<br>| 28164 | 21406 |
|  | Saudi Electricity Co. | 84791 | 361971 |
|  | Saudi Industrial <br> Investment Group<br>| 59609 | 258145 |
|  | Saudi Investment Bank <br>| 102509 | 375730 |
| \* | Saudi Kayan <br> Petrochemical Co.<br>| 268036 | 421506 |
| \* | Saudi Marketing Co. | 10376 | 45872 |
|  | Saudi National Bank  | 243529 | 2591284 |
|  | Saudi Paper <br> Manufacturing Co.<br>| 4258 | 60979 |
| \* | Saudi Pharmaceutical <br> Industries & Medical <br> Appliances Corp.<br>| 15936 | 128721 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
| \* | Saudi Printing & <br> Packaging Co.<br>| 7310 | $20834 |
| \* | Saudi Public Transport <br> Co.<br>| 31322 | 105913 |
| \* | Saudi Real Estate Co. | 40903 | 157532 |
| \* | Saudi Reinsurance <br> Co.<br>| 30236 | 250529 |
| \* | Saudi Research & <br> Media Group<br>| 2204 | 101039 |
|  | Saudi Steel Pipe Co. | 7705 | 106939 |
|  | Saudi Tadawul Group <br> Holding Co.<br>| 1973 | 104770 |
|  | Saudi Telecom Co. | 298398 | 3594689 |
|  | Saudia Dairy & <br> Foodstuff Co.<br>| 4787 | 366861 |
| \* | Savola Group  | 51337 | 336894 |
|  | Scientific & Medical <br> Equipment House <br> Co.<br>| 4617 | 48435 |
| \* | Seera Group Holding | 50750 | 419974 |
| \* | Shams | 6957 | 29864 |
| \* | SHL Finance Co. | 14455 | 83862 |
| \* | Sinad Holding Co. | 20091 | 56094 |
|  | Southern Province <br> Cement Co.<br>| 25125 | 167574 |
|  | Sustained <br> Infrastructure <br> Holding Co.<br>| 16431 | 160132 |
|  | Tabuk Cement Co. | 12595 | 34286 |
| \* | Takween Advanced <br> Industries Co.<br>| 5208 | 10033 |
|  | Tanmiah Food Co. | 3778 | 79188 |
|  | Theeb Rent A Car Co. | 7330 | 128128 |
| \* | Umm Al-Qura Cement <br> Co.<br>| 7087 | 26038 |
|  | United Electronics Co. | 12421 | 293788 |
|  | United International <br> Transportation Co.<br>| 18298 | 361117 |
|  | United Wire Factories <br> Co.<br>| 4440 | 29553 |
| \* | Wafrah for Industry & <br> Development<br>| 1162 | 8264 |
| \* | Walaa Cooperative <br> Insurance Co.<br>| 20570 | 64123 |
| \* | Wataniya Insurance <br> Co.<br>| 7764 | 30363 |
|  | Yamama Cement Co. | 34554 | 253130 |
|  | Yanbu Cement Co. | 28852 | 124574 |
|  | Yanbu National <br> Petrochemical Co.<br>| 36369 | 334414 |
|  | Zahrat Al Waha For <br> Trading Co.<br>| 3563 | 24609 |
| TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA |  | 52358294 |

---

734

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (4.2%) | SOUTH AFRICA — (4.2%) | SOUTH AFRICA — (4.2%) | SOUTH AFRICA — (4.2%) |
|  | Absa Group Ltd. | 139036 | $1553572 |
|  | Adcock Ingram <br> Holdings Ltd.<br>| 16005 | 69109 |
|  | Advtech Ltd. | 146896 | 299500 |
|  | AECI Ltd. | 42417 | 218723 |
|  | African Rainbow <br> Minerals Ltd.<br>| 32579 | 323542 |
|  | Afrimat Ltd. | 43235 | 113379 |
|  | Alexander Forbes <br> Group Holdings Ltd.<br>| 90998 | 43118 |
|  | Altron Ltd., Class A | 93638 | 99302 |
|  | Anglogold Ashanti PLC <br> (AU US)<br>| 32589 | 2216052 |
|  | Aspen Pharmacare <br> Holdings Ltd.<br>| 53086 | 300682 |
|  | Astral Foods Ltd. | 16539 | 213464 |
|  | AVI Ltd. | 101251 | 563038 |
|  | Barloworld Ltd. | 95819 | 660538 |
|  | Bid Corp. Ltd. | 41321 | 1022868 |
|  | Bidvest Group Ltd. | 53119 | 690990 |
| \* | Blu Label Unlimited <br> Group Ltd.<br>| 185301 | 132244 |
| \* | Brait PLC | 650751 | 80157 |
|  | Capitec Bank Holdings <br> Ltd.<br>| 4313 | 954240 |
|  | Cashbuild Ltd. | 6469 | 51470 |
|  | Caxton & CTP <br> Publishers & Printers <br> Ltd.<br>| 20139 | 15405 |
|  | City Lodge Hotels Ltd. | 120852 | 28577 |
|  | Clicks Group Ltd. | 42912 | 904799 |
|  | Coronation Fund <br> Managers Ltd.<br>| 62230 | 176657 |
|  | Curro Holdings Ltd. | 171010 | 130491 |
|  | DataTec Ltd. | 114371 | 474353 |
| Ω | Dis-Chem Pharmacies <br> Ltd.<br>| 127662 | 249716 |
|  | Discovery Ltd. | 61624 | 774230 |
|  | DRDGOLD Ltd. (DRD <br> SJ)<br>| 50000 | 126277 |
|  | DRDGOLD Ltd. (DRD <br> US), Sponsored <br> ADR<br>| 11571 | 291936 |
|  | Exxaro Resources Ltd. | 80508 | 819936 |
|  | Famous Brands Ltd. | 25850 | 80883 |
|  | FirstRand Ltd. | 380144 | 1804124 |
|  | Foschini Group Ltd. | 150435 | 798546 |
| # | Gold Fields Ltd. (GFI <br> US), Sponsored <br> ADR<br>| 77211 | 2965675 |
|  | Grindrod Ltd. | 268633 | 262528 |
|  | Harmony Gold Mining <br> Co. Ltd. (HAR SJ)<br>| 48266 | 803077 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |
|  | Harmony Gold Mining <br> Co. Ltd. (HMY US), <br> Sponsored ADR<br>| 55957 | $923850 |
|  | Hudaco Industries Ltd. | 9043 | 92533 |
|  | Impala Platinum <br> Holdings Ltd.<br>| 113155 | 1212683 |
|  | Investec Ltd. | 37143 | 279633 |
|  | Invicta Holdings Ltd. | 5930 | 13096 |
| \* | iOCO Ltd. | 151111 | 36595 |
|  | Italtile Ltd. | 143782 | 76460 |
|  | JSE Ltd. | 23014 | 187008 |
| \* | KAP Ltd. | 634873 | 60263 |
|  | Kumba Iron Ore Ltd. | 15169 | 302106 |
|  | Lewis Group Ltd. | 13284 | 64058 |
|  | Life Healthcare Group <br> Holdings Ltd.<br>| 399374 | 273390 |
|  | Merafe Resources Ltd. | 305519 | 19383 |
| \* | Metair Investments <br> Ltd.<br>| 44283 | 16897 |
|  | Momentum Group Ltd. | 430252 | 828360 |
|  | Motus Holdings Ltd. | 69864 | 420976 |
|  | Mpact Ltd. | 18342 | 24759 |
|  | Mr. Price Group Ltd. | 62268 | 743968 |
|  | MTN Group Ltd. | 333538 | 3332215 |
| \* | Nampak Ltd. | 2808 | 77922 |
|  | Naspers Ltd., Class N | 18245 | 1281456 |
|  | Nedbank Group Ltd. | 96742 | 1318863 |
|  | NEPI Rockcastle NV | 80250 | 650807 |
|  | Netcare Ltd. | 531631 | 448343 |
|  | Ninety One Ltd. | 68065 | 202524 |
|  | Northam Platinum <br> Holdings Ltd.<br>| 37284 | 622668 |
| \* | Nutun Ltd. | 238170 | 13199 |
|  | Oceana Group Ltd. | 27958 | 78920 |
|  | Old Mutual Ltd. (OMU <br> SJ)<br>| 1555617 | 1216421 |
|  | Omnia Holdings Ltd. | 65802 | 289323 |
|  | OUTsurance Group <br> Ltd.<br>| 160319 | 674669 |
| Ω | Pepkor Holdings Ltd. | 592903 | 904011 |
| \* | Pick n Pay Stores Ltd. | 186576 | 304567 |
|  | PPC Ltd. | 545075 | 172909 |
|  | Premier Group Ltd. | 16424 | 153056 |
|  | PSG Financial <br> Services Ltd.<br>| 242553 | 344748 |
|  | Raubex Group Ltd. | 63904 | 152731 |
|  | Reunert Ltd. | 46960 | 151351 |
|  | RFG Holdings Ltd. | 21913 | 27234 |
|  | Sanlam Ltd. | 252474 | 1324880 |
|  | Santam Ltd. | 11778 | 280950 |
|  | Sappi Ltd. | 199678 | 261629 |
| \* | Sasol Ltd. (SOL SJ) | 131159 | 820606 |
|  | Shoprite Holdings Ltd. | 63963 | 1069887 |
| \* | Sibanye Stillwater Ltd. <br> (SBSW US), ADR<br>| 97440 | 1028966 |

---

735

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |
| \* | Sibanye Stillwater Ltd. <br> (SSW SJ)<br>| 136850 | $363159 |
|  | Southern Sun Ltd. | 263769 | 140044 |
| \* | SPAR Group Ltd.  | 58222 | 366187 |
|  | Spur Corp. Ltd. | 10228 | 21287 |
|  | Stadio Holdings Ltd. | 45933 | 29442 |
|  | Standard Bank Group <br> Ltd.<br>| 223575 | 3287634 |
|  | Sun International Ltd. | 74980 | 167793 |
|  | Super Group Ltd. | 158908 | 147179 |
|  | Telkom SA SOC Ltd. | 129352 | 361817 |
|  | Thungela Resources <br> Ltd. (TGA SJ)<br>| 43521 | 192309 |
|  | Tiger Brands Ltd. | 42234 | 799205 |
|  | Truworths International <br> Ltd.<br>| 65361 | 195740 |
|  | Tsogo Sun Ltd. | 210893 | 86093 |
|  | Valterra Platinum Ltd. | 18807 | 1163198 |
|  | Vodacom Group Ltd. | 92807 | 751296 |
|  | We Buy Cars Holdings <br> Ltd.<br>| 50218 | 133171 |
|  | Wilson Bayly <br> Holmes-Ovcon Ltd.<br>| 18535 | 161835 |
|  | Woolworths Holdings <br> Ltd.<br>| 177223 | 535100 |
|  | Zeda Ltd. | 75515 | 53537 |
| TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA |  | 52050097 |
| SOUTH KOREA — (17.2%) | SOUTH KOREA — (17.2%) | SOUTH KOREA — (17.2%) | SOUTH KOREA — (17.2%) |
| \* | 3S Korea Co. Ltd. | 10371 | 12862 |
| \* | ABLBio, Inc. | 917 | 64040 |
|  | ABOV Semiconductor <br> Co. Ltd.<br>| 2124 | 18665 |
| \* | ADTechnology Co. <br> Ltd.<br>| 1694 | 31181 |
|  | Advanced Nano <br> Products Co. Ltd.<br>| 1292 | 59556 |
|  | Advanced Process <br> Systems Corp.<br>| 4914 | 68404 |
|  | Aekyung Chemical Co. <br> Ltd.<br>| 6863 | 52585 |
| # | Aekyung Industrial Co. <br> Ltd.<br>| 5255 | 51601 |
| \* | Agabang & Co. | 5822 | 18624 |
|  | Ahnlab, Inc. | 789 | 33610 |
| \* | Air Busan Co. Ltd. | 29060 | 37311 |
|  | Ajin Industrial Co. Ltd. | 17463 | 40278 |
| \* | Alteogen, Inc. | 2134 | 729710 |
| \* | ALUKO Co. Ltd. | 23633 | 34021 |
| \* | Amicogen, Inc. | 6097 | 12992 |
|  | Amorepacific Corp. | 2994 | 253584 |
|  | Amorepacific Holdings <br> Corp.<br>| 8581 | 152722 |
| \* | Ananti, Inc. | 15665 | 84516 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | Anapass, Inc. | 3919 | $48464 |
|  | ANIPLUS, Inc. | 7169 | 18801 |
| \* | Anterogen Co. Ltd. | 1345 | 21271 |
|  | Aplus Asset Advisor <br> Co. Ltd.<br>| 6429 | 28088 |
| \* | Aprogen, Inc. | 33975 | 13813 |
|  | Asia Cement Co. Ltd. | 7032 | 60172 |
|  | ASIA Holdings Co. <br> Ltd.<br>| 353 | 88173 |
| \* | Asia Pacific Satellite, <br> Inc.<br>| 1665 | 14523 |
|  | Asia Paper <br> Manufacturing Co. <br> Ltd.<br>| 6076 | 31444 |
|  | ATON, Inc. | 5773 | 27076 |
|  | Avaco Co. Ltd. | 1995 | 21903 |
|  | Baiksan Co. Ltd. | 4498 | 42525 |
| \* | Beno Tnr, Inc. | 5830 | 8149 |
|  | BGF Co. Ltd. | 11107 | 29637 |
|  | BGF retail Co. Ltd. | 2445 | 177653 |
|  | BH Co. Ltd. | 8870 | 113955 |
| \* | BHI Co. Ltd. | 3743 | 132570 |
|  | Binggrae Co. Ltd. | 1954 | 99018 |
|  | Bio Plus Co. Ltd. | 6144 | 26895 |
| \* | Biodyne Co. Ltd. | 1759 | 17070 |
| \* | Bioneer Corp. | 4057 | 44076 |
|  | BioNote, Inc. | 19686 | 76043 |
| \* | BNC Korea Co. Ltd. | 7622 | 27087 |
|  | BNK Financial Group, <br> Inc.<br>| 40729 | 394287 |
|  | Boditech Med, Inc. | 3922 | 37320 |
|  | Boryung | 10368 | 64201 |
| \* | Bukwang <br> Pharmaceutical Co. <br> Ltd.<br>| 11123 | 28803 |
|  | BYC Co. Ltd. | 610 | 16063 |
|  | Byucksan Corp. | 14139 | 17306 |
|  | C&C International Co. <br> Ltd.<br>| 1132 | 29791 |
| \* | Cafe24 Corp. | 3683 | 92422 |
| # | Cape Industries Ltd. | 6603 | 65219 |
|  | Caregen Co. Ltd. | 3161 | 143711 |
| \* | Celltrion Pharm, Inc. | 1903 | 85028 |
|  | Celltrion, Inc. | 3593 | 442247 |
| \* | Chabiotech Co. Ltd. | 5339 | 46026 |
|  | Cheil Electric Co. Ltd. | 3144 | 24475 |
|  | Cheil Worldwide, Inc. | 19519 | 278550 |
|  | Chemtronics Co. Ltd. | 3525 | 86054 |
|  | Cheryong Electric Co. <br> Ltd.<br>| 3474 | 94394 |
|  | Chips&Media, Inc. | 825 | 9404 |
| \* | Choil Aluminum Co. <br> Ltd.<br>| 17841 | 16709 |

---

736

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Chong Kun Dang <br> Pharmaceutical <br> Corp.<br>| 2169 | $125910 |
|  | Chongkundang <br> Holdings Corp.<br>| 712 | 22580 |
| \* | Chorokbaem Media <br> Co. Ltd.<br>| 3355 | 12739 |
| \* | Chunbo Co. Ltd. | 899 | 45381 |
| \* | CJ CGV Co. Ltd. | 31611 | 110724 |
|  | CJ CheilJedang Corp. | 2355 | 378735 |
|  | CJ Corp. | 3838 | 459135 |
| \* | CJ ENM Co. Ltd. | 4962 | 243970 |
|  | CJ Freshway Corp. | 3540 | 62056 |
|  | CJ Logistics Corp. | 3464 | 200008 |
|  | Classys, Inc. | 3918 | 135263 |
|  | CLIO Cosmetics Co. <br> Ltd.<br>| 2840 | 28450 |
| \* | CMG Pharmaceutical <br> Co. Ltd.<br>| 16036 | 20291 |
| \* | CoAsia Corp. | 3630 | 17809 |
| \* | Com2uS Holdings <br> Corp.<br>| 2279 | 32109 |
|  | Com2uSCorp | 2616 | 62503 |
|  | Coocon Corp. | 2027 | 49944 |
|  | Cosmax, Inc. | 2039 | 291983 |
|  | Cosmecca Korea Co. <br> Ltd.<br>| 1591 | 73694 |
| #\* | CosmoAM&T Co. Ltd. | 1916 | 74382 |
| \* | Cosmochemical Co. <br> Ltd.<br>| 4021 | 54333 |
|  | Coway Co. Ltd. | 13853 | 866225 |
|  | Cowintech Co. Ltd. | 3449 | 41490 |
|  | CR Holdings Co. Ltd. | 1168 | 3946 |
| \* | Creative & Innovative <br> System<br>| 16277 | 86270 |
|  | Creverse, Inc. | 1777 | 15990 |
|  | CS Wind Corp. | 7470 | 228124 |
| \* | CTC BIO, Inc. | 2105 | 7599 |
| \* | Cube Entertainment, <br> Inc.<br>| 54 | 552 |
|  | Cuckoo Holdings Co. <br> Ltd.<br>| 3529 | 71110 |
|  | Cuckoo Homesys Co. <br> Ltd.<br>| 3172 | 51170 |
| \* | Curexo, Inc. | 3438 | 25366 |
|  | D.I Corp. | 1927 | 32873 |
| \*†† | DA Technology Co. <br> Ltd.<br>| 31140 | 831 |
|  | Dae Won Kang Up Co. <br> Ltd.<br>| 14791 | 43559 |
| \* | Daea TI Co. Ltd. | 15604 | 44295 |
|  | Daebongls Co. Ltd. | 1098 | 9372 |
| \* | Daechang Co. Ltd. | 20462 | 18824 |
|  | Daedong Corp. | 6323 | 43175 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Daeduck Co. Ltd. | 7633 | $48804 |
| # | Daeduck Electronics <br> Co. Ltd.<br>| 12129 | 321398 |
|  | Daehan Flour Mill Co. <br> Ltd.<br>| 235 | 22838 |
|  | Daehan Steel Co. Ltd. | 4106 | 42478 |
| \* | Dae-Il Corp. | 5167 | 17873 |
|  | Daejoo Electronic <br> Materials Co. Ltd.<br>| 1483 | 78427 |
|  | Daesang Corp. | 9883 | 144392 |
|  | Daesang Holdings Co. <br> Ltd.<br>| 5289 | 34276 |
| \* | Daewon Cable Co. <br> Ltd.<br>| 12805 | 32678 |
|  | Daewon <br> Pharmaceutical Co. <br> Ltd.<br>| 2654 | 24231 |
| \* | Daewoo Engineering & <br> Construction Co. <br> Ltd.<br>| 64326 | 168728 |
|  | Daewoong Co. Ltd. | 5879 | 89204 |
|  | Daewoong <br> Pharmaceutical Co. <br> Ltd.<br>| 1525 | 149273 |
|  | Daihan Pharmaceutical <br> Co. Ltd.<br>| 2053 | 41842 |
| # | Daishin Securities Co. <br> Ltd.<br>| 8752 | 178392 |
| #\* | Danal Co. Ltd. | 14238 | 80351 |
|  | Daol Investment & <br> Securities Co. Ltd.<br>| 13713 | 34796 |
|  | Daou Data Corp. | 6482 | 79787 |
|  | Daou Technology, Inc. | 9379 | 256240 |
| \* | Dasan Networks, Inc. | 13488 | 30912 |
| \* | Dawonsys Co. Ltd. | 6898 | 18303 |
|  | DB HiTek Co. Ltd. | 13314 | 546948 |
|  | DB Insurance Co. Ltd. | 10966 | 974699 |
|  | DB Securities Co. Ltd. | 8025 | 56887 |
| \* | DB, Inc. | 50677 | 51717 |
|  | Dear U Co. Ltd. | 1125 | 30168 |
|  | Dentium Co. Ltd. | 2175 | 86836 |
|  | Deutsch Motors, Inc. | 5727 | 17936 |
| \* | Devsisters Co. Ltd. | 1977 | 58627 |
|  | DI Dong Il Corp. | 1983 | 25137 |
|  | Digital Daesung Co. <br> Ltd.<br>| 3688 | 17789 |
| \* | DIO Corp. | 1795 | 21149 |
|  | DIT Corp. | 2543 | 27136 |
| \* | DK Tech Co. Ltd. | 4494 | 23932 |
| \*†† | DKME | 61842 | 16277 |
|  | DL E&C Co. Ltd. | 10528 | 314933 |
|  | DL Holdings Co. Ltd. | 4196 | 114437 |
| †† | DMS Co. Ltd. | 7061 | 11765 |
|  | DN Automotive Corp. | 10243 | 167080 |

---

737

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Dohwa Engineering <br> Co. Ltd.<br>| 5619 | $24035 |
|  | Dong-A Socio Holdings <br> Co. Ltd.<br>| 1397 | 106341 |
|  | Dong-A ST Co. Ltd. | 1833 | 62844 |
|  | Dong-Ah Geological <br> Engineering Co. <br> Ltd.<br>| 3254 | 32863 |
|  | Dongbang Transport <br> Logistics Co. Ltd.<br>| 14000 | 27282 |
|  | Dongjin Semichem Co. <br> Ltd.<br>| 10524 | 314489 |
|  | Dongkoo Bio & <br> Pharma Co. Ltd.<br>| 6563 | 24716 |
|  | DongKook <br> Pharmaceutical Co. <br> Ltd.<br>| 5657 | 70123 |
|  | Dongkuk Holdings Co. <br> Ltd.<br>| 5615 | 28778 |
|  | Dongkuk Industries Co. <br> Ltd.<br>| 13571 | 28419 |
|  | Dongkuk Steel Mill Co. <br> Ltd.<br>| 10098 | 60237 |
|  | Dongsuh Cos., Inc. | 2720 | 51482 |
|  | Dongsung Chemical <br> Co. Ltd.<br>| 11113 | 31188 |
|  | Dongsung Finetec Co. <br> Ltd.<br>| 4670 | 104069 |
| \* | Dongwha Enterprise <br> Co. Ltd.<br>| 3761 | 26152 |
|  | Dongwha Pharm Co. <br> Ltd.<br>| 5228 | 22955 |
|  | Dongwon Development <br> Co. Ltd.<br>| 10063 | 18284 |
|  | Dongwon Industries <br> Co. Ltd.<br>| 1976 | 67093 |
|  | Dongwon Systems <br> Corp.<br>| 1774 | 34804 |
|  | Dongwoon Anatech <br> Co. Ltd.<br>| 4923 | 57957 |
|  | Dongyang E&P, Inc. | 2102 | 31554 |
|  | Doosan Bobcat, Inc. | 13932 | 588113 |
|  | Doosan Co. Ltd. | 692 | 457249 |
| \* | Doosan Enerbility Co. <br> Ltd.<br>| 4415 | 273249 |
| \* | Doosan Fuel Cell Co. <br> Ltd.<br>| 3468 | 103563 |
|  | Doosan Tesna, Inc. | 3689 | 129316 |
|  | DoubleUGames Co. <br> Ltd.<br>| 4594 | 161645 |
| # | Douzone Bizon Co. <br> Ltd.<br>| 4200 | 262354 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | Dream Security Co. <br> Ltd.<br>| 11556 | $27005 |
|  | Dreamtech Co. Ltd. | 12452 | 55788 |
| \* | DRTECH Corp. | 14013 | 19464 |
| \* | DS Dansuk Co. Ltd. | 1698 | 24029 |
|  | DSC Investment, Inc. | 3625 | 18724 |
| \* | Duchembio Co. Ltd. | 2720 | 17465 |
| \* | Duk San Neolux Co. <br> Ltd.<br>| 3575 | 105342 |
| \* | Duksan Hi-Metal Co. <br> Ltd.<br>| 3621 | 16765 |
| \* | Duksan Techopia Co. <br> Ltd.<br>| 683 | 9939 |
|  | DY POWER Corp. | 2826 | 25360 |
|  | E1 Corp. | 515 | 27011 |
|  | Easy Bio, Inc. | 4384 | 18065 |
|  | Easy Holdings Co. <br> Ltd.<br>| 8326 | 22059 |
|  | Echo Marketing, Inc. | 4830 | 39213 |
| #\* | Ecopro BM Co. Ltd. | 1539 | 172202 |
|  | Ecopro Co. Ltd. | 3566 | 219601 |
| \* | Edge Foundry Co. Ltd. | 8717 | 11213 |
|  | E-MART, Inc. | 4062 | 205755 |
| \* | EMKOREA Co. Ltd. | 8442 | 12971 |
| \* | EMRO, Inc. | 997 | 31086 |
| \* | EM-Tech Co. Ltd. | 1387 | 9067 |
| \* | Enchem Co. Ltd. | 1070 | 64259 |
|  | ENF Technology Co. <br> Ltd.<br>| 3902 | 135306 |
|  | Eo Technics Co. Ltd. | 355 | 58386 |
| \* | Eubiologics Co. Ltd. | 7458 | 64567 |
|  | Eugene Corp. | 11560 | 27123 |
|  | Eugene Investment & <br> Securities Co. Ltd.<br>| 21369 | 55819 |
|  | Eugene Technology <br> Co. Ltd.<br>| 3923 | 260096 |
|  | Eusu Holdings Co. <br> Ltd.<br>| 1834 | 7254 |
| \* | EV Advanced Material <br> Co. Ltd.<br>| 12617 | 15462 |
| \* | Exem Co. Ltd. | 12943 | 19641 |
|  | Exicon Co. Ltd. | 1062 | 11893 |
|  | F&F Co. Ltd. | 4190 | 180136 |
|  | F&F Holdings Co. Ltd. | 2675 | 33072 |
|  | FarmStory Co. Ltd. | 13144 | 11047 |
| \* | Fine M-Tec Co. Ltd. | 3368 | 20559 |
| \* | Fine Semitech Corp. | 1165 | 29843 |
| \*†† | Flask Co. Ltd. | 5463 | 3405 |
| \* | Foosung Co. Ltd. | 5553 | 34575 |
|  | Fursys, Inc. | 253 | 8076 |
|  | Gabia, Inc. | 1031 | 19582 |
| \* | GAEASOFT | 3587 | 17611 |
|  | Galaxia Moneytree Co. <br> Ltd.<br>| 1494 | 9912 |

---

738

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | GAMSUNG Corp. Co. <br> Ltd.<br>| 14708 | $52290 |
| \* | Gaon Cable Co. Ltd. | 999 | 58580 |
| \* | Gaonchips Co. Ltd. | 748 | 27759 |
| \* | GC Cell Corp. | 3957 | 63647 |
| \* | Genexine, Inc. | 12910 | 46917 |
| \* | Genic Co. Ltd. | 1135 | 17089 |
| \* | Genomictree, Inc. | 2245 | 33103 |
|  | Geumhwa PSC Co. <br> Ltd.<br>| 1478 | 32960 |
|  | Global Standard <br> Technology Co. Ltd.<br>| 3618 | 65158 |
| \* | Global Tax Free Co. <br> Ltd.<br>| 4758 | 18797 |
| \* | GnBS eco Co. Ltd. | 8882 | 18049 |
|  | GnCenergy Co. Ltd. | 2332 | 66241 |
|  | GOLFZON Co. Ltd. | 1890 | 78695 |
|  | Golfzon Holdings Co. <br> Ltd.<br>| 6991 | 25993 |
|  | Gradiant Corp. | 2575 | 23039 |
|  | Grand Korea Leisure <br> Co. Ltd.<br>| 7557 | 82089 |
|  | Green Chemical Co. <br> Ltd.<br>| 4026 | 19003 |
|  | Green Cross Corp. | 1087 | 98780 |
|  | Green Cross Holdings <br> Corp.<br>| 7420 | 81998 |
| \*†† | Green Pine Tree Co. <br> Ltd.<br>| 1215 | 959 |
|  | GS Engineering & <br> Construction Corp.<br>| 23425 | 306790 |
|  | GS Global Corp. | 21081 | 36284 |
|  | GS Holdings Corp. <br> (078930 KS)<br>| 16791 | 564371 |
| \* | GS P&L Co. Ltd. | 2026 | 54455 |
|  | GS Retail Co. Ltd. | 13671 | 169913 |
|  | Gwangju Shinsegae <br> Co. Ltd.<br>| 821 | 17367 |
|  | HAESUNG DS Co. <br> Ltd.<br>| 4351 | 156841 |
|  | Haesung Industrial Co. <br> Ltd.<br>| 4764 | 24556 |
|  | Han Kuk Carbon Co. <br> Ltd.<br>| 4694 | 120524 |
|  | Hana Financial Group, <br> Inc.<br>| 48681 | 2916409 |
|  | Hana Materials, Inc. | 1567 | 45009 |
|  | Hana Micron, Inc. | 14108 | 289254 |
| \* | Hana Technology Co. <br> Ltd.<br>| 567 | 11994 |
| # | Hana Tour Service, <br> Inc.<br>| 2979 | 99552 |
| \* | Hanall Biopharma Co. <br> Ltd.<br>| 1468 | 42568 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Hancom, Inc. | 3601 | $62571 |
|  | Handok, Inc. | 4699 | 37575 |
|  | Handsome Co. Ltd. | 2509 | 25822 |
|  | Hanil Cement Co. Ltd. | 8396 | 103971 |
|  | Hanil Feed Co. Ltd. | 4094 | 9212 |
|  | Hanil Holdings Co. <br> Ltd.<br>| 4735 | 53770 |
|  | Hanjin Kal Corp. | 582 | 42716 |
|  | Hanjin Logistics Corp. | 3082 | 43234 |
| \* | HanJung Natural <br> Connectivity System <br> Co. Ltd.<br>| 889 | 28648 |
|  | Hankook Cosmetics <br> Manufacturing Co. <br> Ltd.<br>| 440 | 16634 |
|  | Hankook Shell Oil Co. <br> Ltd.<br>| 133 | 41121 |
|  | Hankook Tire & <br> Technology Co. Ltd.<br>| 21538 | 699285 |
|  | Hanmi Pharm Co. Ltd. | 1345 | 400127 |
|  | Hanmi Science Co. <br> Ltd.<br>| 2271 | 62686 |
|  | Hanmi Semiconductor <br> Co. Ltd.<br>| 9019 | 901922 |
|  | HanmiGlobal Co. Ltd. | 4359 | 62241 |
|  | Hannong Chemicals, <br> Inc.<br>| 3518 | 38850 |
| \* | Hanon Systems | 61061 | 186557 |
|  | Hansae Co. Ltd. | 5528 | 40946 |
|  | Hansol Chemical Co. <br> Ltd.<br>| 2328 | 378313 |
|  | Hansol Paper Co. Ltd. | 6186 | 35277 |
|  | Hansol Technics Co. <br> Ltd.<br>| 11028 | 50307 |
|  | Hanssem Co. Ltd. | 2451 | 79886 |
|  | Hanwha Aerospace <br> Co. Ltd.<br>| 2300 | 1577627 |
|  | Hanwha Corp. | 6950 | 464845 |
| \* | Hanwha Engine | 7449 | 258085 |
| \* | Hanwha Galleria Corp. | 32339 | 24287 |
| \* | Hanwha General <br> Insurance Co. Ltd.<br>| 24198 | 91887 |
| \* | Hanwha Investment & <br> Securities Co. Ltd.<br>| 32863 | 122973 |
| \* | Hanwha Life Insurance <br> Co. Ltd.<br>| 46782 | 99335 |
| \* | Hanwha Ocean Co. <br> Ltd.<br>| 1599 | 154129 |
| # | Hanwha Solutions <br> Corp.<br>| 18425 | 393953 |
|  | Hanwha Systems Co. <br> Ltd.<br>| 4194 | 176072 |
| \* | Hanwha Vision Co. <br> Ltd.<br>| 5565 | 195824 |

---

739

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Hanyang Eng Co. Ltd. | 4208 | $59459 |
|  | Hanyang Securities <br> Co. Ltd.<br>| 4035 | 53747 |
| \* | Harim Co. Ltd. | 21063 | 42561 |
|  | Harim Holdings Co. <br> Ltd.<br>| 18520 | 95987 |
|  | HB SOLUTION Co. <br> Ltd.<br>| 15336 | 27345 |
|  | HB Technology Co. <br> Ltd.<br>| 17460 | 24275 |
|  | HC BoKwang Industry <br> Co. Ltd.<br>| 6273 | 12422 |
|  | HC HomeCenter Co. <br> Ltd.<br>| 39155 | 19229 |
|  | HD Hyundai Co. Ltd. | 7303 | 1048952 |
|  | HD Hyundai <br> Construction <br> Equipment Co. Ltd.<br>| 5265 | 368802 |
|  | HD Hyundai Electric <br> Co. Ltd.<br>| 3100 | 1883393 |
| \* | HD Hyundai Energy <br> Solutions Co. Ltd.<br>| 805 | 31981 |
|  | HD Hyundai Heavy <br> Industries Co. Ltd.<br>| 1503 | 632944 |
|  | HD Hyundai Infracore <br> Co. Ltd.<br>| 21061 | 224697 |
|  | HD Hyundai Mipo | 963 | 163125 |
|  | HD Korea Shipbuilding <br> & Offshore <br> Engineering Co. <br> Ltd.<br>| 3076 | 1022403 |
|  | HDC Holdings Co. <br> Ltd.<br>| 12724 | 164200 |
|  | HDC Hyundai <br> Development <br> Co-Engineering & <br> Construction<br>| 13099 | 176938 |
| \* | HD-Hyundai Marine <br> Engine<br>| 2867 | 199530 |
|  | Hecto Financial Co. <br> Ltd.<br>| 252 | 2874 |
|  | Hecto Innovation Co. <br> Ltd.<br>| 2910 | 33009 |
| \* | Helixmith Co. Ltd. | 7814 | 29032 |
| \* | Heung-A Shipping Co. <br> Ltd.<br>| 18027 | 22012 |
| \* | HFR, Inc. | 1583 | 19059 |
|  | High Tech Pharm Co. <br> Ltd.<br>| 2595 | 22869 |
|  | Hite Jinro Co. Ltd. | 12717 | 167917 |
| \* | HJ Shipbuilding & <br> Construction Co. <br> Ltd.<br>| 4472 | 88337 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | HK inno N Corp. | 5284 | $183007 |
|  | HL Holdings Corp. | 1610 | 45717 |
|  | HL Mando Co. Ltd. | 11013 | 296935 |
| \* | HLB Biostep Co. Ltd. | 11072 | 9550 |
| \* | HLB Global Co. Ltd. | 7126 | 10366 |
| \* | Hlb Pharma Ceutical <br> Co. Ltd.<br>| 3234 | 34825 |
| \* | HLB, Inc. | 4215 | 143461 |
|  | HMM Co. Ltd. | 30977 | 446030 |
| \* | Hotel Shilla Co. Ltd. | 4928 | 168043 |
| # | HPSP Co. Ltd. | 10834 | 261270 |
|  | HS Hyosung Advanced <br> Materials Corp.<br>| 927 | 120280 |
| \* | HS Hyosung Corp. | 484 | 19725 |
|  | HS Industries Co. Ltd. | 19938 | 55749 |
| \* | Hugel, Inc. | 997 | 182936 |
| \* | Humasis Co. Ltd. | 23782 | 20395 |
|  | Humedix Co. Ltd. | 1809 | 63666 |
|  | Huons Co. Ltd. | 3964 | 81247 |
|  | Huons Global Co. Ltd. | 1702 | 65056 |
|  | Husteel Co. Ltd. | 11607 | 33331 |
|  | Huvitz Co. Ltd. | 1378 | 7970 |
|  | Hwa Shin Co. Ltd. | 7945 | 48974 |
|  | Hwaseung Enterprise <br> Co. Ltd.<br>| 7025 | 25091 |
|  | HYBE Co. Ltd. | 497 | 118722 |
|  | Hy-Lok Corp. | 2373 | 61860 |
|  | Hyosung Corp. | 2175 | 192948 |
|  | Hyosung Heavy <br> Industries Corp.<br>| 625 | 932275 |
|  | Hyosung TNC Corp. | 1221 | 177995 |
|  | Hyundai Autoever <br> Corp.<br>| 1212 | 172502 |
|  | Hyundai Bioland Co. <br> Ltd.<br>| 9432 | 29308 |
|  | Hyundai BNG Steel <br> Co. Ltd.<br>| 2374 | 18667 |
|  | HYUNDAI Corp. | 3184 | 47372 |
|  | Hyundai Corp. <br> Holdings, Inc.<br>| 1349 | 11119 |
|  | Hyundai Department <br> Store Co. Ltd.<br>| 5464 | 309544 |
|  | Hyundai Elevator Co. <br> Ltd.<br>| 3204 | 169824 |
|  | Hyundai Engineering & <br> Construction Co. <br> Ltd.<br>| 13384 | 657591 |
|  | HYUNDAI EVERDIGM <br> Corp.<br>| 3482 | 18908 |
|  | Hyundai Ezwel Co. <br> Ltd.<br>| 6979 | 25801 |
|  | Hyundai Futurenet Co. <br> Ltd.<br>| 11431 | 25487 |
|  | Hyundai GF Holdings | 9217 | 50340 |

---

740

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Hyundai Glovis Co. <br> Ltd.<br>| 9406 | $1243136 |
|  | Hyundai Green Food | 10848 | 114568 |
|  | Hyundai Home <br> Shopping Network <br> Corp.<br>| 1431 | 52803 |
|  | Hyundai Hyms Co. <br> Ltd.<br>| 1803 | 28669 |
|  | Hyundai Livart <br> Furniture Co. Ltd.<br>| 1211 | 5613 |
| \* | Hyundai Marine & Fire <br> Insurance Co. Ltd.<br>| 23353 | 446840 |
|  | Hyundai Mobis Co. <br> Ltd.<br>| 4235 | 936517 |
|  | Hyundai Motor Co. | 17293 | 3506836 |
|  | Hyundai Motor <br> Securities Co. Ltd.<br>| 7975 | 48773 |
|  | Hyundai Movex Co. <br> Ltd.<br>| 9382 | 66410 |
|  | Hyundai Rotem Co. <br> Ltd.<br>| 10157 | 1640980 |
|  | Hyundai Steel Co. | 14211 | 328317 |
|  | Hyundai Wia Corp. | 7441 | 305393 |
|  | HyVision System, Inc. | 2865 | 32483 |
|  | i3system, Inc. | 1018 | 55274 |
|  | iFamilySC Co. Ltd. | 2944 | 36658 |
| \* | Il Dong Pharmaceutical <br> Co. Ltd.<br>| 2726 | 44919 |
|  | Iljin Diamond Co. Ltd. | 1775 | 17400 |
|  | Iljin Electric Co. Ltd. | 4785 | 192348 |
| \* | Iljin Hysolus Co. Ltd. | 2250 | 30179 |
|  | Iljin Power Co. Ltd. | 2512 | 19486 |
|  | Ilshin Spinning Co. <br> Ltd.<br>| 4566 | 38536 |
|  | Ilyang Pharmaceutical <br> Co. Ltd.<br>| 4169 | 38186 |
|  | iM Financial Group Co. <br> Ltd.<br>| 51113 | 474235 |
|  | iMarketKorea, Inc. | 6912 | 38029 |
|  | InBody Co. Ltd. | 2313 | 46551 |
|  | Incar Financial Service <br> Co. Ltd.<br>| 8301 | 69691 |
|  | Industrial Bank of <br> Korea<br>| 47470 | 643312 |
|  | Inhwa Precision Co. <br> Ltd.<br>| 1117 | 46932 |
|  | Innocean Worldwide, <br> Inc.<br>| 8489 | 102109 |
|  | InnoWireless Co. Ltd. | 1400 | 22955 |
|  | Innox Advanced <br> Materials Co. Ltd.<br>| 4959 | 85511 |
| \* | Insun ENT Co. Ltd. | 4769 | 14055 |
| \* | Insung Information Co. <br> Ltd.<br>| 11363 | 14561 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Intellian Technologies, <br> Inc.<br>| 1148 | $36344 |
|  | Intelligent Digital <br> Integrated Security <br> Co. Ltd.<br>| 2096 | 26422 |
| \* | Interflex Co. Ltd. | 6369 | 41232 |
|  | Interojo Co. Ltd. | 1357 | 16300 |
|  | INTOPS Co. Ltd. | 4300 | 48724 |
|  | iNtRON Biotechnology, <br> Inc.<br>| 6721 | 15648 |
|  | INVENI Co. Ltd. | 746 | 32422 |
|  | IS Dongseo Co. Ltd. | 4564 | 59474 |
|  | ISC Co. Ltd. | 1628 | 90425 |
|  | i-SENS, Inc. | 2624 | 31835 |
| \* | ISU Abxis Co. Ltd. | 4524 | 15521 |
| \* | ISU Chemical Co. Ltd. | 2758 | 20605 |
|  | IsuPetasys Co. Ltd. | 9479 | 751822 |
| \* | ITEK, Inc. | 7578 | 32276 |
| \* | ITM Semiconductor <br> Co. Ltd.<br>| 2598 | 21828 |
| \* | Jahwa Electronics Co. <br> Ltd.<br>| 6861 | 104209 |
|  | JB Financial Group Co. <br> Ltd.<br>| 29480 | 464126 |
| \* | Jeil Pharmaceutical <br> Co. Ltd.<br>| 423 | 4271 |
| \* | Jeju Air Co. Ltd. | 13797 | 55244 |
|  | Jeju Bank | 2192 | 20381 |
| \* | Jeju Semiconductor <br> Corp.<br>| 3965 | 56860 |
| \* | JETEMA Co. Ltd. | 2888 | 11765 |
| \* | Jin Air Co. Ltd. | 5121 | 25888 |
|  | Jinsung T.E.C. | 4760 | 43589 |
|  | JNK Global Co. Ltd. | 7583 | 23567 |
| \* | JNTC Co. Ltd. | 2171 | 41096 |
| # | Jusung Engineering <br> Co. Ltd.<br>| 8449 | 181110 |
|  | JVM Co. Ltd. | 1905 | 37298 |
|  | JW Holdings Corp. | 8366 | 19086 |
|  | JW Life Science Corp. | 5759 | 54326 |
|  | JW Pharmaceutical <br> Corp.<br>| 3479 | 57282 |
|  | JYP Entertainment <br> Corp.<br>| 5211 | 295456 |
|  | K Car Co. Ltd. | 3260 | 34656 |
|  | K Ensol Co. Ltd. | 1765 | 14170 |
|  | Kakao Corp. | 4533 | 206590 |
| #\* | Kakao Games Corp. | 10272 | 115850 |
| # | KakaoBank Corp. | 14984 | 242872 |
| \* | Kakaopay Corp. | 2006 | 73446 |
|  | Kangnam Jevisco Co. <br> Ltd.<br>| 1216 | 10482 |
| \* | Kangstem Biotech Co. <br> Ltd.<br>| 3667 | 3703 |

---

741

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| #\* | Kangwon Energy Co. <br> Ltd.<br>| 4568 | $51379 |
|  | Kangwon Land, Inc. | 15250 | 180547 |
|  | KB Financial Group, <br> Inc. (105560 KS)<br>| 47130 | 3847391 |
| \* | KBI Dongyang Steel <br> Pipe Co. Ltd.<br>| 17807 | 30126 |
|  | KC Co. Ltd. | 2678 | 48964 |
|  | KC Tech Co. Ltd. | 1553 | 41589 |
|  | KCC Corp. | 990 | 304865 |
|  | KCC Glass Corp. | 3652 | 66489 |
|  | KCTC | 9774 | 37052 |
| \* | KEC Corp. | 67241 | 36596 |
| \* | Keeps Biopharma, Inc. | 2707 | 17279 |
| \* | Kencoa Aerospace <br> Co.<br>| 1971 | 16063 |
|  | KEPCO Engineering & <br> Construction Co., <br> Inc.<br>| 1327 | 94665 |
|  | KEPCO Plant Service <br> & Engineering Co. <br> Ltd.<br>| 6558 | 232616 |
|  | KG Chemical Corp. | 5382 | 18367 |
|  | KG Dongbusteel | 19552 | 74695 |
|  | KG Eco Solution Co. <br> Ltd.<br>| 7129 | 28328 |
| \* | KG Mobility Co. | 21140 | 56529 |
|  | Kginicis Co. Ltd. | 5916 | 42573 |
|  | KH Vatec Co. Ltd. | 6135 | 53923 |
|  | Kia Corp. | 50525 | 4237965 |
| \* | KidariStudio, Inc. | 5942 | 15970 |
|  | KINX, Inc. | 828 | 53998 |
|  | KISCO Corp. | 6487 | 45589 |
|  | KISCO Holdings Co. <br> Ltd.<br>| 1500 | 26939 |
|  | KISWIRE Ltd. | 3308 | 41443 |
|  | KIWOOM Securities <br> Co. Ltd.<br>| 3739 | 776639 |
| \* | KMW Co. Ltd. | 3610 | 42997 |
| \* | KNJ Co. Ltd. | 2471 | 45116 |
|  | Koh Young Technology, <br> Inc.<br>| 6568 | 76548 |
|  | Kolmar BNH Co. Ltd. | 1457 | 14176 |
|  | Kolmar Holdings Co. <br> Ltd.<br>| 5313 | 41162 |
|  | Kolmar Korea Co. Ltd. | 2984 | 161071 |
|  | Kolon Corp. | 2058 | 62819 |
|  | Kolon Industries, Inc. | 5715 | 142508 |
| \* | Kolon Life Science, <br> Inc.<br>| 1355 | 31182 |
|  | KoMiCo Ltd. | 1753 | 135416 |
| \* | Komipharm <br> International Co. <br> Ltd.<br>| 3794 | 16084 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | KONA I Co. Ltd. | 1584 | $52368 |
|  | Korea Aerospace <br> Industries Ltd.<br>| 5923 | 429133 |
|  | Korea Alcohol <br> Industrial Co. Ltd.<br>| 4444 | 29132 |
|  | Korea Asset In Trust <br> Co. Ltd.<br>| 24703 | 38389 |
| \* | Korea Circuit Co. Ltd. | 2773 | 39996 |
|  | Korea District Heating <br> Corp.<br>| 516 | 34611 |
|  | Korea Electric Power <br> Corp. (015760 KS)<br>| 16765 | 501844 |
|  | Korea Electric Power <br> Corp. (KEP US), <br> Sponsored ADR<br>| 12485 | 188149 |
|  | Korea Electric Terminal <br> Co. Ltd.<br>| 2931 | 127102 |
|  | Korea Electronic <br> Power Industrial <br> Development Co. <br> Ltd.<br>| 2560 | 22055 |
|  | Korea Fuel-Tech Corp. | 8951 | 37589 |
|  | Korea Gas Corp. | 3926 | 114782 |
| \* | Korea Information & <br> Communications Co. <br> Ltd.<br>| 6679 | 38079 |
|  | Korea Information <br> Certificate Authority, <br> Inc.<br>| 5485 | 23854 |
|  | Korea Investment <br> Holdings Co. Ltd.<br>| 10223 | 1303390 |
| \* | Korea Line Corp. | 54496 | 71762 |
|  | Korea Movenex Co. <br> Ltd.<br>| 6958 | 19374 |
|  | Korea Petrochemical <br> Ind Co. Ltd.<br>| 1187 | 108928 |
|  | Korea Petroleum <br> Industries Co.<br>| 3017 | 29432 |
|  | Korea Ratings Corp. | 357 | 24558 |
|  | Korea Real Estate <br> Investment & Trust <br> Co. Ltd.<br>| 72804 | 66764 |
|  | Korea United Pharm, <br> Inc.<br>| 3544 | 47258 |
|  | Korean Air Lines Co. <br> Ltd.<br>| 47149 | 731669 |
|  | Korean Reinsurance <br> Co.<br>| 54231 | 403553 |
|  | KPX Chemical Co. <br> Ltd.<br>| 267 | 8967 |
| \* | Krafton, Inc. | 3969 | 768190 |
|  | KSS LINE Ltd. | 9666 | 62666 |

---

742

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | KT Millie Seojae Co. <br> Ltd.<br>| 985 | $9022 |
|  | KT Skylife Co. Ltd. | 8062 | 28328 |
|  | KT&G Corp. | 8592 | 808609 |
|  | KTCS Corp. | 13776 | 28188 |
| \* | Kumho HT, Inc. | 74104 | 29693 |
|  | Kumho Petrochemical <br> Co. Ltd.<br>| 2426 | 197197 |
| \* | Kumho Tire Co., Inc. | 44275 | 146493 |
|  | Kwang Dong <br> Pharmaceutical Co. <br> Ltd.<br>| 12453 | 49878 |
|  | Kyeong Nam Steel Co. <br> Ltd.<br>| 7026 | 14216 |
|  | Kyeryong Construction <br> Industrial Co. Ltd.<br>| 2344 | 28286 |
|  | Kyobo Securities Co. <br> Ltd.<br>| 6546 | 43238 |
|  | Kyochon F&B Co. Ltd. | 3688 | 10893 |
|  | Kyung Dong Navien <br> Co. Ltd.<br>| 2126 | 105208 |
|  | Kyungdong Pharm Co. <br> Ltd.<br>| 2400 | 9571 |
|  | Kyung-In Synthetic <br> Corp.<br>| 5621 | 11547 |
|  | KZ Precision Corp. | 2708 | 28561 |
| # | L&C Bio Co. Ltd. | 2326 | 85895 |
| \* | L&K Biomed Co. Ltd. | 2802 | 17747 |
| \* | LabGenomics Co. Ltd. | 22431 | 34685 |
|  | Lake Materials Co. <br> Ltd.<br>| 9415 | 96366 |
| \* | LB Semicon, Inc. | 15949 | 55508 |
|  | Lee Ku Industrial Co. <br> Ltd.<br>| 6694 | 23144 |
|  | LEENO Industrial, Inc. | 8912 | 358710 |
|  | LF Corp. | 5070 | 64956 |
|  | LG Chem Ltd. | 8335 | 2318365 |
|  | LG Corp. | 8860 | 498294 |
| \* | LG Display Co. Ltd. <br> (034220 KS)<br>| 79115 | 808843 |
|  | LG Electronics, Inc. | 26289 | 1612389 |
| \* | LG Energy Solution <br> Ltd.<br>| 1433 | 474390 |
|  | LG H&H Co. Ltd. | 1974 | 393580 |
| \* | LG HelloVision Co. <br> Ltd.<br>| 17581 | 30080 |
|  | LG Innotek Co. Ltd. | 4300 | 725377 |
|  | LG Uplus Corp. | 68951 | 737058 |
|  | LIG Nex1 Co. Ltd. | 1797 | 654414 |
| \* | LigaChem Biosciences, <br> Inc.<br>| 782 | 80190 |
| \* | LOT Vacuum Co. Ltd. | 1947 | 17781 |
|  | Lotte Chemical Corp. | 2898 | 143566 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Lotte Chilsung <br> Beverage Co. Ltd.<br>| 2145 | $173464 |
|  | Lotte Corp. | 8889 | 182048 |
| \* | Lotte Energy Materials <br> Corp.<br>| 8113 | 147557 |
|  | LOTTE Fine Chemical <br> Co. Ltd.<br>| 4994 | 159583 |
| \* | Lotte Non-Life <br> Insurance Co. Ltd.<br>| 23223 | 30900 |
|  | Lotte Rental Co. Ltd. | 7011 | 144046 |
|  | Lotte Shopping Co. <br> Ltd.<br>| 3028 | 138180 |
| \* | Lotte Tour <br> Development Co. <br> Ltd.<br>| 7885 | 100254 |
|  | Lotte Wellfood Co. <br> Ltd.<br>| 919 | 73459 |
|  | LS Corp. | 3418 | 498119 |
|  | LS Eco Energy Ltd. | 2894 | 93222 |
|  | LS Electric Co. Ltd. | 2641 | 801701 |
|  | LS Marine Solution Co. <br> Ltd.<br>| 3431 | 69276 |
| \* | LS Materials Ltd. | 2500 | 23455 |
|  | LS SECURITIES Co. <br> Ltd.<br>| 4859 | 18701 |
|  | LTC Co. Ltd. | 1195 | 17631 |
| \* | LVMC Holdings | 47047 | 54696 |
|  | LX Hausys Ltd. | 2771 | 54664 |
|  | LX Holdings Corp. | 16779 | 95976 |
|  | LX International Corp. | 13420 | 283543 |
|  | LX Semicon Co. Ltd. | 3854 | 154574 |
|  | M.I.Tech Co. Ltd. | 6034 | 26058 |
|  | Macquarie Korea <br> Infrastructure Fund<br>| 60879 | 469516 |
|  | Macrogen, Inc. | 1693 | 17989 |
|  | Maeil Dairies Co. Ltd. | 1774 | 43123 |
| \* | Manyo Co. Ltd. | 1875 | 21501 |
|  | Mcnex Co. Ltd. | 4094 | 89279 |
| \* | Mediana Co. Ltd. | 2660 | 9910 |
| \* | Medipost Co. Ltd. | 3223 | 39076 |
|  | Medytox, Inc. | 849 | 71491 |
| \* | Meerecompany, Inc. | 533 | 5712 |
|  | MegaStudyEdu Co. <br> Ltd.<br>| 1930 | 56265 |
| # | Meritz Financial Group, <br> Inc.<br>| 15263 | 1182769 |
|  | META BIOMED Co. <br> Ltd.<br>| 5245 | 20657 |
|  | Mgame Corp. | 7080 | 32223 |
| \* | MiCo Ltd. | 4582 | 46473 |
| \* | Mirae Asset Life <br> Insurance Co. Ltd.<br>| 20945 | 128884 |
|  | Mirae Asset Securities <br> Co. Ltd.<br>| 42722 | 785494 |

---

743

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Mirae Asset Venture <br> Investment Co. Ltd.<br>| 9580 | $57181 |
|  | Misto Holdings Corp. | 9352 | 241222 |
|  | Miwon Commercial Co. <br> Ltd.<br>| 444 | 47119 |
|  | Miwon Specialty <br> Chemical Co. Ltd.<br>| 430 | 42393 |
|  | MK Electron Co. Ltd. | 8724 | 56418 |
|  | MNTech Co. Ltd. | 3318 | 26265 |
|  | Modetour Network, <br> Inc.<br>| 2818 | 21983 |
| \* | MONAYONGPYONG | 9266 | 22584 |
| \* | Motrex Co. Ltd. | 5448 | 33181 |
|  | mPlus Corp. | 1886 | 22961 |
|  | Muhak Co. Ltd. | 2116 | 12767 |
|  | Multicampus Co. Ltd. | 345 | 7577 |
|  | Myoung Shin Industrial <br> Co. Ltd.<br>| 11787 | 77069 |
|  | Namhae Chemical <br> Corp.<br>| 6832 | 30885 |
| \* | Namsun Aluminum Co. <br> Ltd.<br>| 40282 | 30186 |
|  | Namuga Co. Ltd. | 4008 | 47400 |
|  | Namyang Dairy <br> Products Co. Ltd.<br>| 860 | 31065 |
| \* | Nature & Environment <br> Co. Ltd.<br>| 20996 | 9126 |
|  | Nature Holdings Co. <br> Ltd.<br>| 4521 | 30272 |
|  | NAVER Corp. | 3478 | 651833 |
|  | NCSoft Corp. | 1041 | 160682 |
|  | NeoPharm Co. Ltd. | 2099 | 25189 |
|  | Neosem, Inc. | 2906 | 25405 |
| \* | Neowiz | 5728 | 98305 |
| \* | Nepes Ark Corp. | 2036 | 28343 |
| \* | Neptune Co. | 8753 | 36204 |
| Ω | Netmarble Corp. | 4552 | 172498 |
|  | New Power Plasma <br> Co. Ltd.<br>| 11784 | 51200 |
|  | Nexen Corp. | 9583 | 35959 |
|  | Nexen Tire Corp. | 6827 | 30731 |
| \* | Nexon Games Co. <br> Ltd.<br>| 3048 | 28543 |
|  | NEXTIN, Inc. | 2135 | 98345 |
|  | NH Investment & <br> Securities Co. Ltd.<br>| 37610 | 536172 |
|  | NHN Corp. | 5731 | 116277 |
| # | NHN KCP Corp. | 4033 | 45010 |
|  | NICE Holdings Co. <br> Ltd.<br>| 11860 | 115421 |
|  | Nice Information & <br> Telecommunication, <br> Inc.<br>| 2355 | 37742 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | NICE Information <br> Service Co. Ltd.<br>| 10065 | $102295 |
|  | Nong Shim Holdings <br> Co. Ltd.<br>| 533 | 35161 |
|  | NongShim Co. Ltd. | 721 | 220460 |
|  | NOROO Paint & <br> Coatings Co. Ltd.<br>| 5290 | 31403 |
|  | NOVAREX Co. Ltd. | 2395 | 28644 |
|  | Novatech Co. Ltd. | 681 | 9474 |
|  | OCI Co. Ltd. | 1848 | 76487 |
|  | OCI Holdings Co. Ltd. | 4593 | 367242 |
| \* | Okins Electronics Co. <br> Ltd.<br>| 2529 | 16356 |
|  | ONEJOON Co. Ltd. | 4350 | 28017 |
| # | Oriental Precision & <br> Engineering Co. <br> Ltd.<br>| 11756 | 85919 |
|  | Orion Corp. | 4588 | 319485 |
| # | Orion Holdings Corp. | 11381 | 151528 |
|  | Osang Healthcare Co. <br> Ltd.<br>| 1314 | 11911 |
| \* | OSTEONIC Co. Ltd. | 5143 | 25954 |
| \* | Osung Advanced <br> Materials Co. Ltd.<br>| 31426 | 34627 |
|  | Otoki Corp. | 630 | 171673 |
|  | Pan Ocean Co. Ltd. | 84120 | 225969 |
|  | Pang Rim Co. Ltd. | 5498 | 19233 |
|  | Paradise Co. Ltd. | 17392 | 225346 |
|  | Park Systems Corp. | 1353 | 230472 |
|  | Partron Co. Ltd. | 16544 | 80242 |
| \* | Pearl Abyss Corp. | 2762 | 66997 |
| \* | Pentastone <br> Electronics, Inc.<br>| 8385 | 32449 |
| # | People & Technology, <br> Inc.<br>| 5812 | 175845 |
| #\* | Peptron, Inc. | 1115 | 211449 |
|  | PHA Co. Ltd. | 2750 | 22494 |
|  | PharmaResearch Co. <br> Ltd.<br>| 1201 | 454707 |
| \* | PharmGen Science, <br> Inc.<br>| 3656 | 10350 |
|  | Pharmicell Co. Ltd. | 12436 | 147620 |
|  | Philenergy Co. Ltd. | 2261 | 22655 |
| \* | Philoptics Co. Ltd. | 2005 | 59005 |
|  | PI Advanced Materials <br> Co. Ltd.<br>| 6611 | 83982 |
| \* | PKC Co. Ltd. | 8514 | 37364 |
| \* | Polaris AI Corp. | 10275 | 16582 |
| \* | Polaris Office Corp. | 4725 | 16954 |
|  | Pond Group Co. Ltd. | 2084 | 11869 |
| \* | PonyLink Co. Ltd. | 39918 | 23237 |
|  | Poongsan Corp. | 4221 | 324632 |
|  | Poongsan Holdings <br> Corp.<br>| 3296 | 89349 |

---

744

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Posco DX Co. Ltd. | 9103 | $167385 |
| \* | POSCO Future M Co. <br> Ltd.<br>| 825 | 125001 |
|  | POSCO Holdings, Inc. <br> (005490 KS)<br>| 7283 | 1584011 |
|  | Posco International <br> Corp.<br>| 9356 | 360413 |
|  | Posco M-Tech Co. <br> Ltd.<br>| 2412 | 25854 |
|  | POSCO Steeleon Co. <br> Ltd.<br>| 1461 | 39465 |
| \* | Power Logics Co. Ltd. | 13626 | 39332 |
| \* | Prestige Biologics Co. <br> Ltd.<br>| 6539 | 13830 |
|  | Protec Co. Ltd. | 1575 | 34471 |
|  | PSK Holdings, Inc. | 1973 | 67463 |
|  | PSK, Inc. | 7105 | 187246 |
|  | Pulmuone Co. Ltd. | 5719 | 53332 |
|  | Pumtech Korea Co. <br> Ltd.<br>| 1638 | 60930 |
| \* | Rainbow Robotics | 375 | 114582 |
| \* | Refine Co. Ltd. | 4423 | 38326 |
| \* | Reyon Pharmaceutical <br> Co. Ltd.<br>| 2064 | 15605 |
|  | RFHIC Corp. | 2728 | 63785 |
| \* | Robotis Co. Ltd. | 476 | 73379 |
|  | Rorze Systems Corp. | 2535 | 19789 |
|  | S&D Co. Ltd. | 24 | 1239 |
|  | S&S Tech Corp. | 3163 | 124101 |
|  | S-1 Corp. | 4313 | 226800 |
| \* | Sajo Industries Co. <br> Ltd.<br>| 1155 | 39125 |
|  | Sajodaerim Corp. | 1071 | 28245 |
|  | Sam Chun Dang <br> Pharm Co. Ltd.<br>| 507 | 83127 |
|  | Sam Young Electronics <br> Co. Ltd.<br>| 3536 | 26528 |
|  | Sam Yung Trading Co. <br> Ltd.<br>| 3091 | 32946 |
|  | Sam-A Aluminum Co. <br> Ltd.<br>| 398 | 6698 |
|  | Samchully Co. Ltd. | 401 | 34644 |
|  | SAMHWA Paints <br> Industrial Co. Ltd.<br>| 5105 | 20798 |
| †† | Samick THK Co. Ltd. | 1032 | 5411 |
| \* | Samil Pharmaceutical <br> Co. Ltd.<br>| 2221 | 14776 |
|  | Samji Electronics Co. <br> Ltd.<br>| 1801 | 15726 |
|  | Samjin Pharmaceutical <br> Co. Ltd.<br>| 1982 | 27449 |
|  | Sammok S-Form Co. <br> Ltd.<br>| 1590 | 22194 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | SAMPYO Cement Co. <br> Ltd.<br>| 21453 | $45223 |
| \*Ω | Samsung Biologics Co. <br> Ltd.<br>| 865 | 741298 |
|  | Samsung C&T Corp. | 8722 | 1380267 |
|  | Samsung Card Co. <br> Ltd. (029780 KS)<br>| 8836 | 306970 |
| # | Samsung <br> Electro-Mechanics <br> Co. Ltd.<br>| 9053 | 1551870 |
|  | Samsung Electronics <br> Co. Ltd. (005930 <br> KS)<br>| 573787 | 43192495 |
|  | Samsung Electronics <br> Co. Ltd. (SMSN LI), <br> GDR<br>| 553 | 1032082 |
|  | Samsung Electronics <br> Co. Ltd. (SSNHZ <br> US), GDR<br>| 3955 | 7376075 |
|  | Samsung Engineering <br> Co. Ltd.<br>| 42759 | 777371 |
| # | Samsung Fire & <br> Marine Insurance <br> Co. Ltd.<br>| 2655 | 821734 |
| \* | Samsung Heavy <br> Industries Co. Ltd.<br>| 43568 | 902809 |
|  | Samsung Life <br> Insurance Co. Ltd.<br>| 6126 | 662032 |
| \* | Samsung <br> Pharmaceutical Co. <br> Ltd.<br>| 8615 | 9268 |
|  | Samsung SDI Co. Ltd. | 6630 | 1493881 |
|  | Samsung SDS Co. <br> Ltd.<br>| 4100 | 525889 |
|  | Samsung Securities <br> Co. Ltd.<br>| 10392 | 562433 |
|  | SAMT Co. Ltd. | 21138 | 54673 |
|  | Samwha Capacitor Co. <br> Ltd.<br>| 2326 | 54974 |
|  | Samwha Electric Co. <br> Ltd.<br>| 1472 | 36026 |
|  | Samyang Corp. | 1802 | 62547 |
|  | Samyang Foods Co. <br> Ltd.<br>| 721 | 680884 |
|  | Samyang Holdings <br> Corp.<br>| 1687 | 123853 |
|  | Samyoung Co. Ltd. | 7430 | 25625 |
|  | Sang-A Frontec Co. <br> Ltd.<br>| 2092 | 27189 |
|  | Sangsin Energy <br> Display Precision <br> Co. Ltd.<br>| 2372 | 21173 |
|  | Sanil Electric Co. Ltd. | 1274 | 139435 |

---

745

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Saramin Co. Ltd. | 2002 | $18746 |
|  | Satrec Initiative Co. <br> Ltd.<br>| 1040 | 43915 |
|  | SD Biosensor, Inc. | 14503 | 97131 |
|  | SeAH Besteel Holdings <br> Corp.<br>| 4527 | 87155 |
|  | SeAH Steel Corp. | 697 | 61840 |
|  | SeAH Steel Holdings <br> Corp.<br>| 610 | 61327 |
|  | Sebang Co. Ltd. | 4106 | 39122 |
|  | Sebang Global Battery <br> Co. Ltd.<br>| 2276 | 103930 |
|  | Seegene, Inc. | 4451 | 78945 |
|  | Segyung Hitech Co. <br> Ltd.<br>| 3567 | 14279 |
| # | Sejin Heavy Industries <br> Co. Ltd.<br>| 5019 | 77568 |
|  | Sekonix Co. Ltd. | 4325 | 16761 |
| \* | Selvas AI, Inc. | 2333 | 22517 |
|  | Seobu T&D | 8529 | 54499 |
|  | Seohee Construction <br> Co. Ltd.<br>| 27909 | 31792 |
| \* | Seojin System Co. <br> Ltd.<br>| 6232 | 118211 |
| \* | Seoul Auction Co. Ltd. | 4356 | 20936 |
| \* | Seoul Semiconductor <br> Co. Ltd.<br>| 16607 | 72955 |
|  | Seoyon Co. Ltd. | 6312 | 41779 |
|  | Seoyon E-Hwa Co. <br> Ltd.<br>| 8945 | 81468 |
| \* | Sewon E&C Co. Ltd. | 4592 | 390 |
|  | SFA Engineering <br> Corp.<br>| 6207 | 107591 |
| \* | SFA Semicon Co. Ltd. | 17707 | 52902 |
| \* | SG Co. Ltd. | 13786 | 21559 |
|  | SGC Energy Co. Ltd. | 3652 | 57859 |
|  | Shin Heung Energy & <br> Electronics Co. Ltd.<br>| 10388 | 39732 |
|  | Shindaeyang Paper <br> Co. Ltd.<br>| 4097 | 35361 |
|  | Shinhan Financial <br> Group Co. Ltd. <br> (055550 KS)<br>| 68123 | 3498970 |
|  | Shinsegae <br> International, Inc.<br>| 5312 | 38283 |
|  | Shinsegae, Inc. | 2510 | 305923 |
|  | Shinsung Delta Tech <br> Co. Ltd.<br>| 1657 | 63529 |
| \* | Shinsung E&G Co. <br> Ltd.<br>| 17308 | 22405 |
|  | Shinsung ST Co. Ltd. | 376 | 11210 |
|  | Shinwon Corp. | 20627 | 21079 |
|  | Shinyoung Securities <br> Co. Ltd.<br>| 1097 | 111177 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| #\* | Silicon2 Co. Ltd. | 5382 | $169732 |
|  | SIMMTECH Co. Ltd. | 2335 | 102706 |
|  | Sindoh Co. Ltd. | 945 | 28197 |
| #\* | SK Biopharmaceuticals <br> Co. Ltd.<br>| 4718 | 381483 |
| \* | SK Bioscience Co. <br> Ltd.<br>| 2260 | 80250 |
|  | SK Chemicals Co. Ltd. | 3360 | 148886 |
|  | SK Discovery Co. Ltd. | 3107 | 129333 |
| \* | SK Eternix Co. Ltd. | 1130 | 16451 |
|  | SK Gas Ltd. | 734 | 134120 |
|  | SK Hynix, Inc. | 83166 | 32359344 |
| \*Ω | SK IE Technology Co. <br> Ltd.<br>| 7211 | 154915 |
|  | SK Innovation Co. Ltd. | 7700 | 695349 |
|  | SK Networks Co. Ltd. | 18832 | 59946 |
| \* | SK oceanplant Co. <br> Ltd.<br>| 3602 | 53498 |
|  | SK Securities Co. Ltd. | 94767 | 46497 |
|  | SK Telecom Co. Ltd. <br> (017670 KS)<br>| 5861 | 214582 |
|  | SK, Inc. | 3673 | 637827 |
| \* | SKC Co. Ltd. | 726 | 64690 |
|  | SL Corp. | 7455 | 189418 |
|  | SM Entertainment Co. <br> Ltd.<br>| 1282 | 107394 |
| \* | SMEC Co. Ltd. | 31763 | 91388 |
|  | SNT Dynamics Co. <br> Ltd.<br>| 2002 | 75561 |
|  | SNT Energy Co. Ltd. | 582 | 22113 |
| \* | SNT Holdings Co. Ltd. | 1458 | 64854 |
|  | SNT Motiv Co. Ltd. | 4952 | 118747 |
| \* | SOCAR, Inc. | 1795 | 14722 |
| \* | S-Oil Corp. | 7287 | 366785 |
|  | Solid, Inc. | 16970 | 95543 |
| \* | SOLUM Co. Ltd. | 11328 | 142066 |
|  | Solus Advanced <br> Materials Co. Ltd.<br>| 10671 | 68512 |
| \* | Solux Co. Ltd. | 7431 | 22586 |
|  | Songwon Industrial Co. <br> Ltd.<br>| 4658 | 31350 |
|  | Soop Co. Ltd. | 2463 | 125399 |
|  | Soosan Industries Co. <br> Ltd.<br>| 2081 | 31759 |
|  | Soulbrain Co. Ltd. | 1252 | 247620 |
|  | Soulbrain Holdings Co. <br> Ltd.<br>| 1690 | 50710 |
|  | SPC Samlip Co. Ltd. | 377 | 13752 |
|  | SPG Co. Ltd. | 2287 | 54017 |
|  | ST Pharm Co. Ltd. | 1627 | 115520 |
|  | STIC Investments, Inc. | 5248 | 38295 |
|  | Straffic Co. Ltd. | 6177 | 15845 |
| \* | Studio Dragon Corp. | 4615 | 147326 |
| \* | STX Engine Co. Ltd. | 2023 | 50115 |
| \* | Sugentech, Inc. | 2991 | 13792 |

---

746

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Suheung Co. Ltd. | 950 | $17823 |
| \* | Sukgyung AT Co. Ltd. | 291 | 8939 |
|  | Sun Kwang Co. Ltd. | 934 | 11900 |
|  | Sung Kwang Bend Co. <br> Ltd.<br>| 2132 | 47030 |
|  | Sungshin Cement Co. <br> Ltd.<br>| 4045 | 26619 |
|  | Sungwoo Hitech Co. <br> Ltd.<br>| 21774 | 103178 |
|  | Sunjin Co. Ltd. | 6694 | 46740 |
| \* | Suprema, Inc. | 1083 | 25634 |
|  | SY Co. Ltd. | 2817 | 6011 |
|  | SY Steel Tech, Inc. | 8600 | 20000 |
| \* | Synergy Innovation Co. <br> Ltd.<br>| 13058 | 22306 |
| \* | Synopex, Inc. | 17193 | 78894 |
|  | Systems Technology, <br> Inc.<br>| 2383 | 38131 |
|  | T&L Co. Ltd. | 1291 | 41594 |
|  | T3 Entertainment Co. <br> Ltd.<br>| 14065 | 18629 |
|  | Taekwang Industrial <br> Co. Ltd.<br>| 88 | 49492 |
| \* | Taewoong Co. Ltd. | 1900 | 40917 |
| \* | Taihan Cable & <br> Solution Co. Ltd.<br>| 5475 | 92536 |
|  | TCC Steel | 1417 | 18211 |
|  | TechWing, Inc. | 3485 | 161943 |
|  | Telechips, Inc. | 1750 | 17093 |
|  | TES Co. Ltd. | 2767 | 85568 |
| \* | Theragen Etex Co. <br> Ltd.<br>| 3017 | 5395 |
| \* | TK Chemical Corp. | 18495 | 21429 |
|  | TK Corp. | 3223 | 63806 |
|  | TKG Huchems Co. <br> Ltd.<br>| 6316 | 79182 |
|  | TLB Co. Ltd. | 1294 | 61952 |
|  | Tokai Carbon Korea <br> Co. Ltd.<br>| 1380 | 160248 |
| \* | Tongyang Life <br> Insurance Co. Ltd.<br>| 22503 | 106811 |
| \* | Tongyang, Inc. | 32625 | 19987 |
|  | Tonymoly Co. Ltd. | 1520 | 10182 |
|  | Toptec Co. Ltd. | 6815 | 22282 |
|  | Tovis Co. Ltd. | 3928 | 41270 |
|  | TS Corp. | 15745 | 30953 |
|  | TSE Co. Ltd. | 1336 | 48470 |
| \* | Tuksu Construction Co. <br> Ltd.<br>| 1248 | 4971 |
|  | TYM Corp. | 8599 | 35846 |
|  | UBCare Co. Ltd. | 1821 | 4564 |
|  | Ubiquoss Holdings, <br> Inc.<br>| 2215 | 16656 |
|  | Ubiquoss, Inc. | 4740 | 29273 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Uju Electronics Co. <br> Ltd.<br>| 1489 | $40050 |
| \* | Uni-Chem Co. Ltd. | 8568 | 7873 |
|  | Unid Co. Ltd. | 1520 | 71596 |
|  | Union Semiconductor <br> Equipment & <br> Materials Co. Ltd.<br>| 5005 | 35031 |
| \* | UniTest, Inc. | 2780 | 39431 |
|  | Unitrontech Co. Ltd. | 9773 | 41284 |
|  | Value Added <br> Technology Co. Ltd.<br>| 2625 | 40395 |
|  | Viatron Technologies, <br> Inc.<br>| 4839 | 27642 |
| \*†† | Vidente Co. Ltd. | 14607 | 6387 |
|  | Vieworks Co. Ltd. | 1948 | 25885 |
| \* | Vina Tech Co. Ltd. | 352 | 13581 |
|  | Vitzro Tech Co. Ltd. | 4793 | 29614 |
|  | Vitzrocell Co. Ltd. | 3680 | 70609 |
| \* | VM, Inc. | 2186 | 36813 |
| \* | VT Co. Ltd. | 6844 | 119762 |
|  | Webcash Corp. | 2174 | 16998 |
|  | Webzen, Inc. | 5169 | 43742 |
| \* | Wemade Co. Ltd. | 3326 | 62546 |
|  | Whanin <br> Pharmaceutical Co. <br> Ltd.<br>| 3526 | 28194 |
|  | WiSoL Co. Ltd. | 7448 | 29515 |
|  | Won Tech Co. Ltd. | 19497 | 116179 |
| #\* | Wonik Holdings Co. <br> Ltd.<br>| 18829 | 360245 |
|  | WONIK IPS Co. Ltd. | 5075 | 227621 |
|  | Wonik Materials Co. <br> Ltd.<br>| 2517 | 57118 |
|  | Wonik QnC Corp. | 5858 | 95843 |
|  | Woojin, Inc. | 4362 | 46407 |
| \* | Woongjin Co. Ltd. | 9328 | 25905 |
| \* | Wooree Bio Co. Ltd. | 10286 | 15243 |
|  | Woori Financial Group, <br> Inc. (316140 KS)<br>| 141413 | 2517389 |
| \* | Woori Technology <br> Investment Co. Ltd.<br>| 17795 | 111756 |
| \* | Woori Technology, Inc. | 17393 | 58608 |
| \* | Woosu AMS Co. Ltd. | 5430 | 11054 |
|  | Worldex Industry & <br> Trading Co. Ltd.<br>| 4605 | 81107 |
| \* | Wysiwyg Studios Co. <br> Ltd.<br>| 18114 | 9468 |
|  | Xexymix Corp. | 7154 | 22930 |
|  | Y G-1 Co. Ltd. | 4569 | 16237 |
| \* | YC Corp. | 2627 | 26696 |
| \* | Yest Co. Ltd. | 2415 | 29923 |
|  | YG Entertainment, Inc. | 959 | 61548 |
| \* | YG PLUS | 843 | 4203 |
| \* | YMT Co. Ltd. | 3261 | 29535 |

---

747

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Youlchon Chemical Co. <br> Ltd.<br>| 1117 | $24743 |
|  | Young Poong Corp. | 970 | 33342 |
|  | Youngone Corp. | 6032 | 244583 |
| # | Youngone Holdings <br> Co. Ltd.<br>| 2175 | 216791 |
|  | Yuanta Securities <br> Korea Co. Ltd.<br>| 27721 | 75062 |
|  | Yuhan Corp. | 1602 | 132493 |
| \* | Yungjin Pharmaceutical <br> Co. Ltd.<br>| 10300 | 14880 |
|  | Zeus Co. Ltd. | 3897 | 42142 |
|  | Zinus, Inc. | 3761 | 36403 |
| TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 215922927 |
| TAIWAN — (27.4%) | TAIWAN — (27.4%) | TAIWAN — (27.4%) | TAIWAN — (27.4%) |
|  | 104 Corp. | 4000 | 29155 |
|  | 91APP, Inc. | 22000 | 51508 |
|  | Aaeon Technology, <br> Inc.<br>| 8398 | 36838 |
|  | Abico Avy Co. Ltd. | 47025 | 76021 |
|  | Ability Enterprise Co. <br> Ltd.<br>| 60468 | 167806 |
|  | Ability Opto-Electronics <br> Technology Co. Ltd.<br>| 7000 | 22376 |
|  | AcBel Polytech, Inc. | 232890 | 328416 |
|  | Accton Technology <br> Corp.<br>| 67000 | 2330039 |
|  | Ace Pillar Co. Ltd. | 9000 | 25843 |
|  | Acer Cyber Security, <br> Inc.<br>| 4000 | 22928 |
|  | Acer E-Enabling <br> Service Business, <br> Inc.<br>| 6000 | 44794 |
|  | Acer, Inc. | 482000 | 469625 |
| # | ACES Electronic Co. <br> Ltd.<br>| 51882 | 115546 |
| \* | Acme Electronics <br> Corp.<br>| 14000 | 13244 |
| \* | Acon Holding, Inc. | 108000 | 28887 |
|  | Acter Group Corp. Ltd. | 39000 | 973484 |
|  | Action Electronics Co. <br> Ltd.<br>| 112000 | 41032 |
|  | Actron Technology <br> Corp.<br>| 20902 | 94268 |
|  | ADATA Technology Co. <br> Ltd.<br>| 133417 | 856477 |
|  | Addcn Technology Co. <br> Ltd.<br>| 15634 | 89014 |
| \* | Adimmune Corp. | 107000 | 66153 |
|  | Adlink Technology, Inc. | 24000 | 46146 |
|  | Advanced Ceramic X <br> Corp.<br>| 15000 | 57876 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Advanced Energy <br> Solution Holding Co. <br> Ltd.<br>| 5000 | $190339 |
|  | Advanced International <br> Multitech Co. Ltd.<br>| 51000 | 98916 |
| \* | Advanced <br> Optoelectronic <br> Technology, Inc.<br>| 42000 | 20707 |
|  | Advanced Power <br> Electronics Corp.<br>| 27000 | 89392 |
|  | Advanced Wireless <br> Semiconductor Co.<br>| 39000 | 140206 |
| # | Advancetek Enterprise <br> Co. Ltd.<br>| 101000 | 115425 |
|  | Advantech Co. Ltd. | 82498 | 837963 |
| # | Aero Win Technology <br> Corp.<br>| 12000 | 16906 |
|  | Aerospace Industrial <br> Development Corp.<br>| 79000 | 135387 |
|  | AGV Products Corp. | 162000 | 54213 |
| # | AIC, Inc. | 9028 | 111146 |
|  | Air Asia Co. Ltd. | 10000 | 16738 |
|  | Airoha Technology <br> Corp.<br>| 6000 | 97146 |
|  | Airtac International <br> Group<br>| 24000 | 707879 |
|  | Alchip Technologies <br> Ltd.<br>| 6000 | 675954 |
|  | Alexander Marine Co. <br> Ltd.<br>| 5272 | 33324 |
| \* | Algoltek, Inc. | 7000 | 13338 |
|  | Allied Circuit Co. Ltd. | 6470 | 35715 |
|  | Allied Supreme Corp. | 15000 | 120206 |
| # | Allis Electric Co. Ltd. | 58396 | 208978 |
|  | Alltek Technology <br> Corp.<br>| 81480 | 84543 |
|  | Alltop Technology Co. <br> Ltd.<br>| 18000 | 144315 |
|  | Alpha Networks, Inc. | 72000 | 75673 |
|  | Altek Corp. | 91962 | 147597 |
|  | Amazing <br> Microelectronic <br> Corp.<br>| 27564 | 89317 |
|  | Ambassador Hotel  | 63000 | 87930 |
|  | AMPACS Corp. | 39000 | 37105 |
|  | Ampak Technology, <br> Inc.<br>| 16000 | 35374 |
|  | Ampire Co. Ltd. | 18000 | 14748 |
|  | Ample Electronic <br> Technology Co. Ltd.<br>| 7350 | 40875 |
| # | AMPOC Far-East Co. <br> Ltd.<br>| 36564 | 107216 |
|  | AmTRAN Technology <br> Co. Ltd.<br>| 217109 | 98920 |

---

748

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | Amulaire Thermal <br> Technology, Inc.<br>| 24000 | $28391 |
|  | Analog Integrations <br> Corp.<br>| 5000 | 21541 |
|  | Anderson Industrial <br> Corp.<br>| 50000 | 23232 |
|  | Anji Technology Co. <br> Ltd.<br>| 27299 | 32971 |
|  | Aopen, Inc. | 11000 | 17279 |
|  | Apac Opto Electronics, <br> Inc.<br>| 24000 | 62724 |
|  | Apacer Technology, <br> Inc.<br>| 37000 | 124024 |
| # | APAQ Technology Co. <br> Ltd.<br>| 15000 | 89689 |
|  | APCB, Inc. | 49000 | 23283 |
|  | Apex Biotechnology <br> Corp.<br>| 25000 | 26710 |
|  | Apex Dynamics, Inc. | 1000 | 21662 |
| \* | Apex International Co. <br> Ltd.<br>| 62248 | 42005 |
|  | Apex Science & <br> Engineering<br>| 54060 | 19313 |
|  | ARBOR Technology <br> Corp.<br>| 19000 | 25143 |
|  | Arcadyan Technology <br> Corp.<br>| 52000 | 339828 |
|  | Ardentec Corp. | 135000 | 409089 |
|  | ARES International <br> Corp.<br>| 12000 | 19739 |
|  | Argosy Research, Inc. | 19000 | 112978 |
|  | Arizon RFID <br> Technology Cayman <br> Co. Ltd.<br>| 8000 | 36511 |
|  | ASE Technology <br> Holding Co. Ltd.<br>| 382000 | 3056291 |
|  | Asia Cement Corp. | 385000 | 453778 |
|  | Asia Electronic <br> Material Co. Ltd.<br>| 22000 | 16404 |
| # | Asia Optical Co., Inc. | 73000 | 370257 |
|  | Asia Polymer Corp. | 121000 | 49276 |
|  | Asia Tech Image, Inc. | 20000 | 49466 |
|  | Asia Vital Components <br> Co. Ltd.<br>| 44331 | 2029478 |
|  | ASIX Electronics <br> Corp.<br>| 16000 | 49420 |
|  | ASMedia Technology, <br> Inc.<br>| 6000 | 280145 |
|  | ASolid Technology Co. <br> Ltd.<br>| 17000 | 43394 |
|  | ASPEED Technology, <br> Inc.<br>| 6200 | 1099527 |
|  | ASROCK, Inc. | 16000 | 166444 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Asustek Computer, <br> Inc.<br>| 73000 | $1649179 |
|  | ATE Energy <br> International Co. <br> Ltd.<br>| 34000 | 33132 |
|  | Aten International Co. <br> Ltd.<br>| 24000 | 47228 |
|  | Auden Techno Corp. | 10358 | 32603 |
|  | Audix Corp. | 20000 | 41973 |
| # | AUO Corp. (2409 TT) | 1039200 | 408660 |
|  | AURAS Technology <br> Co. Ltd.<br>| 10000 | 340442 |
|  | Aurora Corp. | 9000 | 16862 |
|  | Avalue Technology, <br> Inc.<br>| 20000 | 72278 |
|  | Avermedia <br> Technologies<br>| 38000 | 48425 |
|  | Axiomtek Co. Ltd. | 24893 | 66301 |
|  | Azurewave <br> Technologies, Inc.<br>| 31000 | 73358 |
|  | Bafang Yunji <br> International Co. <br> Ltd.<br>| 10000 | 62575 |
|  | Bank of Kaohsiung Co. <br> Ltd.<br>| 251066 | 98745 |
|  | Baotek Industrial <br> Materials Ltd.<br>| 22000 | 35682 |
|  | Basso Industry Corp. | 41000 | 43436 |
|  | BenQ Materials Corp. | 73000 | 49274 |
| \* | BES Engineering <br> Corp.<br>| 426000 | 212052 |
|  | Best Precision <br> Industrial Co. Ltd.<br>| 5000 | 17825 |
| \* | Billion Electric Co. Ltd. | 13000 | 9997 |
| \* | Bin Chuan Enterprise <br> Co. Ltd.<br>| 29000 | 62629 |
|  | B'in Live Co. Ltd. | 8000 | 20446 |
| \* | Bionime Corp. | 12098 | 24179 |
| \* | Biostar Microtech <br> International Corp.<br>| 31000 | 22893 |
|  | Bioteque Corp. | 15000 | 60003 |
|  | Bizlink Holding, Inc. | 28461 | 1279274 |
|  | Bonny Worldwide Ltd. | 5000 | 25205 |
|  | Bora Pharmaceuticals <br> Co. Ltd.<br>| 17591 | 354969 |
|  | Brave C&H Supply Co. <br> Ltd.<br>| 8000 | 18866 |
|  | Brightek Optoelectronic <br> Co. Ltd.<br>| 19000 | 25617 |
|  | Brighten Optix Corp. | 2248 | 14498 |
|  | Brighton-Best <br> International Taiwan, <br> Inc.<br>| 150000 | 163325 |

---

749

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Brillian Network & <br> Automation <br> Integrated System <br> Co. Ltd.<br>| 9777 | $75305 |
|  | Brogent Technologies, <br> Inc.<br>| 9000 | 27792 |
|  | C Sun Manufacturing <br> Ltd.<br>| 18600 | 106288 |
| \* | Calin Technology Co. <br> Ltd.<br>| 51000 | 56068 |
|  | Calitech Co. Ltd. | 10000 | 18424 |
| \* | Caliway <br> Biopharmaceuticals <br> Co. Ltd.<br>| 50000 | 242550 |
| \* | Cameo <br> Communications, <br> Inc.<br>| 98000 | 31832 |
|  | Capital Futures Corp. | 59856 | 96202 |
|  | Capital Securities <br> Corp.<br>| 563000 | 446688 |
| #\* | Career Technology <br> MFG. Co. Ltd.<br>| 223871 | 107585 |
|  | Castles Technology <br> Co. Ltd.<br>| 32225 | 74333 |
|  | Caswell, Inc. | 22000 | 59992 |
| # | Catcher Technology <br> Co. Ltd.<br>| 93000 | 599687 |
|  | Cathay Chemical <br> Works<br>| 8000 | 11680 |
|  | Cathay Consolidated, <br> Inc.<br>| 14299 | 37585 |
| # | Cathay Financial <br> Holding Co. Ltd.<br>| 947358 | 1966044 |
|  | Cathay Real Estate <br> Development Co. <br> Ltd.<br>| 181000 | 134192 |
| \* | CCP Contact Probes <br> Co. Ltd.<br>| 33554 | 58954 |
|  | Celxpert Energy Corp. | 31821 | 42032 |
|  | Cenra, Inc. | 25000 | 27601 |
| # | Center Laboratories, <br> Inc.<br>| 209900 | 231708 |
| # | Central Reinsurance <br> Co. Ltd.<br>| 176105 | 140429 |
|  | Century Iron & Steel <br> Industrial Co. Ltd.<br>| 60000 | 298475 |
| # | Chailease Holding Co. <br> Ltd.<br>| 422477 | 1412160 |
| \* | ChainQui Construction <br> Development Co. <br> Ltd.<br>| 49000 | 23536 |
|  | Chaintech Technology <br> Corp.<br>| 13000 | 12300 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Champion Building <br> Materials Co. Ltd.<br>| 38000 | $11220 |
|  | Champion <br> Microelectronic <br> Corp.<br>| 20000 | 47605 |
|  | Chang Hwa <br> Commercial Bank <br> Ltd.<br>| 1049454 | 674940 |
|  | Chang Wah <br> Electromaterials, <br> Inc.<br>| 117000 | 171805 |
|  | Chang Wah <br> Technology Co. Ltd.<br>| 149000 | 194832 |
|  | Channel Well <br> Technology Co. Ltd.<br>| 63000 | 157820 |
|  | Chant Sincere Co. <br> Ltd.<br>| 19000 | 24727 |
|  | Charoen Pokphand <br> Enterprise<br>| 66800 | 297405 |
|  | Chateau International <br> Development Co. <br> Ltd.<br>| 12810 | 11346 |
|  | CHC Healthcare <br> Group<br>| 38000 | 53210 |
|  | CHC Resources Corp. | 14000 | 31975 |
|  | Chen Full International <br> Co. Ltd.<br>| 36000 | 46694 |
|  | Chenbro Micom Co. <br> Ltd.<br>| 18000 | 537871 |
|  | Cheng Fwa Industrial <br> Co. Ltd.<br>| 15000 | 10440 |
|  | Cheng Loong Corp. | 265000 | 147129 |
| \* | Cheng Mei Materials <br> Technology Corp.<br>| 158962 | 70725 |
|  | Cheng Shin Rubber <br> Industry Co. Ltd.<br>| 468000 | 485167 |
| # | Cheng Uei Precision <br> Industry Co. Ltd.<br>| 127000 | 203046 |
| # | Chenming Electronic <br> Technology Corp.<br>| 37000 | 148521 |
|  | Chia Chang Co. Ltd. | 44000 | 59206 |
|  | Chia Hsin Cement <br> Corp.<br>| 136220 | 57280 |
|  | Chicony Electronics <br> Co. Ltd.<br>| 107000 | 451234 |
| # | Chicony Power <br> Technology Co. Ltd.<br>| 54000 | 157931 |
|  | Chief Telecom, Inc. | 9300 | 109207 |
|  | Chien Kuo <br> Construction Co. <br> Ltd.<br>| 39200 | 33129 |
|  | Chien Shing Harbour <br> Service Co. Ltd.<br>| 22000 | 30778 |

---

750

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | Chien Shing Stainless <br> Steel Co. Ltd.<br>| 35616 | $11263 |
|  | Chime Ball Technology <br> Co. Ltd.<br>| 10000 | 11199 |
| # | China Airlines Ltd. | 877000 | 568566 |
| # | China Bills Finance <br> Corp.<br>| 224000 | 121259 |
|  | China Container <br> Terminal Corp.<br>| 41000 | 33980 |
|  | China Ecotek Corp. | 8000 | 14378 |
|  | China Electric <br> Manufacturing Corp.<br>| 101000 | 41468 |
|  | China Fineblanking <br> Technology Co. Ltd.<br>| 13000 | 10720 |
| # | China General Plastics <br> Corp.<br>| 138000 | 49732 |
|  | China Glaze Co. Ltd. | 46000 | 27457 |
| \* | China Man-Made Fiber <br> Corp.<br>| 460000 | 93339 |
|  | China Metal Products | 106000 | 90413 |
|  | China Motor Corp. | 82000 | 155208 |
| #\* | China Petrochemical <br> Development Corp.<br>| 1233490 | 300392 |
|  | China Steel Chemical <br> Corp.<br>| 44000 | 116428 |
| # | China Steel Corp. | 1274000 | 768737 |
|  | China Steel Structure <br> Co. Ltd.<br>| 27000 | 36089 |
|  | China Wire & Cable <br> Co. Ltd.<br>| 43000 | 53282 |
|  | Chinese Maritime <br> Transport Ltd.<br>| 16000 | 29707 |
|  | Ching Feng Home <br> Fashions Co. Ltd.<br>| 46854 | 30092 |
|  | Chin-Poon Industrial <br> Co. Ltd.<br>| 118000 | 125495 |
| \* | Chip Hope Co. Ltd. | 9000 | 14971 |
|  | Chipbond Technology <br> Corp.<br>| 218000 | 421886 |
|  | ChipMOS <br> Technologies, Inc. <br> (8150 TT)<br>| 231000 | 243013 |
|  | Chlitina Holding Ltd. | 19301 | 62681 |
|  | Chong Hong <br> Construction Co. <br> Ltd.<br>| 61000 | 156024 |
|  | Chroma ATE, Inc. | 34000 | 900207 |
|  | Chun YU Works & Co. <br> Ltd.<br>| 23750 | 12151 |
|  | Chun Yuan Steel <br> Industry Co. Ltd.<br>| 165000 | 102565 |
| \* | Chung Hung Steel <br> Corp.<br>| 267000 | 128157 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Chung Hwa Chemical <br> Industrial Works <br> Ltd.<br>| 27000 | $30800 |
|  | Chung Hwa Food <br> Industrial Co. Ltd.<br>| 7700 | 21615 |
| \* | Chung Hwa Pulp <br> Corp.<br>| 150000 | 60853 |
|  | Chung Lien Co. Ltd. | 9000 | 10882 |
|  | Chung Tai Resource <br> Technology Corp.<br>| 21000 | 67725 |
|  | Chung-Hsin Electric & <br> Machinery <br> Manufacturing Corp.<br>| 101000 | 501416 |
|  | Chunghwa Precision <br> Test Tech Co. Ltd.<br>| 5000 | 260413 |
|  | Chunghwa Telecom <br> Co. Ltd. (2412 TT)<br>| 181000 | 771232 |
|  | Chunghwa Telecom <br> Co. Ltd. (CHT US), <br> Sponsored ADR<br>| 18891 | 804379 |
|  | CKM Applied Materials <br> Corp.<br>| 8000 | 7307 |
|  | Cleanaway Co. Ltd. <br> (8422 TT)<br>| 35000 | 274875 |
|  | Clevo Co. | 118000 | 151451 |
|  | CMC Magnetics Corp. | 360800 | 106779 |
|  | C-Media Electronics, <br> Inc.<br>| 21000 | 27822 |
|  | Collins Co. Ltd. | 38000 | 16833 |
| # | Compal Electronics, <br> Inc.<br>| 705000 | 753329 |
|  | Compeq Manufacturing <br> Co. Ltd.<br>| 258000 | 729171 |
|  | Complex Micro <br> Interconnection Co. <br> Ltd.<br>| 21000 | 26618 |
|  | Compucase Enterprise | 17000 | 54965 |
|  | Concord International <br> Securities Co. Ltd.<br>| 97092 | 50456 |
|  | Concord Securities Co. <br> Ltd.<br>| 262185 | 108464 |
|  | Continental Holdings <br> Corp.<br>| 137000 | 96369 |
|  | Contrel Technology Co. <br> Ltd.<br>| 46000 | 58760 |
|  | Coremax Corp. | 36555 | 76157 |
| # | Coretronic Corp. | 82000 | 232511 |
|  | Co-Tech Development <br> Corp.<br>| 93000 | 706142 |
|  | Creative Sensor, Inc. | 17000 | 29404 |
|  | Crowell Development <br> Corp.<br>| 66800 | 67067 |

---

751

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Cryomax Cooling <br> System Corp.<br>| 20581 | $26804 |
| \* | CSBC Corp. Taiwan | 194000 | 123079 |
|  | CTBC Financial <br> Holding Co. Ltd.<br>| 1988000 | 2699867 |
|  | CTCI Advanced <br> Systems, Inc.<br>| 3000 | 17072 |
|  | CTCI Corp. | 210134 | 208311 |
|  | Cub Elecparts, Inc. | 5000 | 16472 |
|  | CviLux Corp. | 30000 | 79791 |
|  | Cyberlink Corp. | 17000 | 51759 |
|  | CyberPower Systems, <br> Inc.<br>| 17600 | 136434 |
| \* | CyberTAN Technology, <br> Inc.<br>| 103000 | 88939 |
|  | Cystech Electronics <br> Corp.<br>| 13000 | 31936 |
|  | DA CIN Construction <br> Co. Ltd.<br>| 79200 | 168814 |
|  | Dafeng TV Ltd. | 21000 | 33481 |
|  | Dah San Electric Wire <br> & Cable Co. Ltd.<br>| 28828 | 43136 |
| # | Da-Li Development Co. <br> Ltd.<br>| 90129 | 144322 |
|  | Darfon Electronics <br> Corp.<br>| 75000 | 87624 |
|  | Darwin Precisions <br> Corp.<br>| 138600 | 50334 |
|  | Davicom <br> Semiconductor, Inc.<br>| 13000 | 10449 |
|  | Daxin Materials Corp. | 8000 | 98778 |
|  | De Licacy Industrial <br> Co. Ltd.<br>| 92122 | 32580 |
|  | Delpha Construction <br> Co. Ltd.<br>| 109000 | 104798 |
|  | Delta Electronics, Inc. | 179000 | 5757332 |
| # | Depo Auto Parts Ind <br> Co. Ltd.<br>| 36000 | 159480 |
|  | Desiccant Technology <br> Corp.<br>| 6600 | 31586 |
|  | DFI, Inc. | 10000 | 22139 |
|  | Dimerco Data System <br> Corp.<br>| 15600 | 61867 |
|  | Dimerco Express <br> Corp.<br>| 41052 | 107323 |
|  | DingZing Advanced <br> Materials, Inc.<br>| 5000 | 15870 |
|  | D-Link Corp. | 182000 | 98357 |
|  | Donpon Precision, Inc. | 18200 | 28124 |
|  | Dr. Wu Skincare Co. <br> Ltd.<br>| 5000 | 19587 |
|  | Draytek Corp. | 16000 | 14186 |
|  | Drewloong Precision, <br> Inc.<br>| 8571 | 42138 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Dyaco International, <br> Inc.<br>| 44786 | $33096 |
| # | Dynamic Holding Co. <br> Ltd.<br>| 111000 | 322631 |
|  | Dynamic Medical <br> Technologies, Inc.<br>| 4840 | 10575 |
| # | Dynapack International <br> Technology Corp.<br>| 46000 | 456767 |
|  | E Ink Holdings, Inc. | 149000 | 1023617 |
|  | E.Sun Financial <br> Holding Co. Ltd.<br>| 1437145 | 1388204 |
| # | Eastech Holding Ltd. | 18000 | 63561 |
|  | Eastern Media <br> International Corp.<br>| 117371 | 78629 |
| # | Eclat Textile Co. Ltd. | 34000 | 451877 |
|  | eCloudvalley Digital <br> Technology Co. Ltd.<br>| 14000 | 32582 |
| # | ECOVE Environment <br> Corp.<br>| 15000 | 140936 |
|  | Edimax Technology <br> Co. Ltd.<br>| 46000 | 29476 |
|  | Edison Opto Corp. | 50084 | 29076 |
| \* | Edom Technology Co. <br> Ltd.<br>| 55000 | 67571 |
|  | eGalax_eMPIA <br> Technology, Inc.<br>| 9000 | 11131 |
| #\* | Egis Technology, Inc. | 28000 | 124633 |
| \* | EirGenix, Inc. | 35000 | 76103 |
|  | Elan Microelectronics <br> Corp.<br>| 106000 | 425722 |
|  | E-Lead Electronic Co. <br> Ltd.<br>| 22202 | 31752 |
|  | E-LIFE MALL Corp. | 23000 | 49541 |
|  | Elite Advanced Laser <br> Corp.<br>| 14000 | 123583 |
|  | Elite Material Co. Ltd. | 24000 | 1054456 |
| # | Elite Semiconductor <br> Microelectronics <br> Technology, Inc.<br>| 89000 | 259216 |
|  | Elitegroup Computer <br> Systems Co. Ltd.<br>| 85000 | 55857 |
|  | eMemory Technology, <br> Inc.<br>| 13000 | 837173 |
|  | Emerging Display <br> Technologies Corp.<br>| 48000 | 32159 |
|  | Ennoconn Corp. | 36272 | 343741 |
|  | Ennostar, Inc. | 215000 | 239007 |
|  | EOI Investment <br> Holdings Co. Ltd.<br>| 66000 | 40470 |
| \* | Epileds Technologies, <br> Inc.<br>| 30000 | 18917 |
| #\* | Episil Technologies, <br> Inc.<br>| 52000 | 95138 |
|  | Episil-Precision, Inc. | 28086 | 51040 |

---

752

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Eris Technology Corp. | 6633 | $35092 |
|  | Eson Precision Ind Co. <br> Ltd.<br>| 33000 | 88363 |
|  | Eternal Materials Co. <br> Ltd.<br>| 352950 | 467572 |
|  | Eurocharm Holdings <br> Co. Ltd.<br>| 16000 | 64313 |
|  | Eva Airways Corp. | 728000 | 854575 |
|  | Ever Ohms Technology <br> Co. Ltd.<br>| 12000 | 11054 |
|  | Ever Supreme Bio <br> Technology Co. Ltd.<br>| 14519 | 76185 |
| \* | Everest Textile Co. <br> Ltd.<br>| 157000 | 28887 |
|  | Evergreen Aviation <br> Technologies Corp.<br>| 37000 | 177744 |
|  | Evergreen International <br> Storage & Transport <br> Corp.<br>| 73000 | 135821 |
|  | Evergreen Marine <br> Corp. Taiwan Ltd.<br>| 192400 | 1206948 |
|  | EVERGREEN Steel <br> Corp.<br>| 62000 | 214072 |
| # | Everlight Chemical <br> Industrial Corp.<br>| 168000 | 102010 |
|  | Everlight Electronics <br> Co. Ltd.<br>| 127000 | 241511 |
|  | Evertop Wire Cable <br> Corp.<br>| 36000 | 39677 |
|  | Excel Cell Electronic <br> Co. Ltd.<br>| 19000 | 12692 |
|  | Excelsior Medical Co. <br> Ltd.<br>| 43718 | 120661 |
|  | EZconn Corp. | 15000 | 453736 |
| \* | Falcon Machine Tools <br> Co. Ltd.<br>| 15000 | 9082 |
|  | Far Eastern <br> Department Stores <br> Ltd.<br>| 324000 | 227761 |
|  | Far Eastern <br> International Bank<br>| 843407 | 346472 |
|  | Far Eastern New <br> Century Corp.<br>| 492000 | 423386 |
|  | Far EasTone <br> Telecommunications <br> Co. Ltd.<br>| 187797 | 563982 |
|  | Faraday Technology <br> Corp.<br>| 64081 | 378298 |
|  | Farglory F T Z <br> Investment Holding <br> Co. Ltd.<br>| 51772 | 81527 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Farglory Land <br> Development Co. <br> Ltd.<br>| 92000 | $161186 |
|  | FDC International <br> Hotels Corp.<br>| 2000 | 2882 |
|  | Feature Integration <br> Technology, Inc.<br>| 10000 | 23278 |
| \* | Federal Corp. | 96000 | 61557 |
|  | Feedback Technology <br> Corp.<br>| 14040 | 49161 |
|  | Feng Hsin Steel Co. <br> Ltd.<br>| 152000 | 312657 |
|  | Feng TAY Enterprise <br> Co. Ltd.<br>| 85880 | 339926 |
|  | FIC Global, Inc. | 23000 | 26551 |
| \* | FineMat Applied <br> Materials Co. Ltd.<br>| 19000 | 21651 |
|  | FineTek Co. Ltd. | 10404 | 38763 |
|  | Firich Enterprises Co. <br> Ltd.<br>| 93000 | 71925 |
| # | First Copper <br> Technology Co. Ltd.<br>| 75000 | 101909 |
|  | First Financial Holding <br> Co. Ltd.<br>| 1160173 | 1076131 |
|  | First Hi-Tec Enterprise <br> Co. Ltd.<br>| 11000 | 125410 |
|  | First Hotel | 65000 | 27370 |
|  | First Insurance Co. <br> Ltd. <br>| 103000 | 87997 |
| \* | First Steamship Co. <br> Ltd.<br>| 312000 | 58414 |
| # | FIT Holding Co. Ltd. | 69000 | 83046 |
|  | Fitipower Integrated <br> Technology, Inc.<br>| 35150 | 173215 |
| \* | FLEXium Interconnect, <br> Inc.<br>| 108000 | 221339 |
| # | Flytech Technology Co. <br> Ltd.<br>| 36000 | 124120 |
|  | FocalTech Systems <br> Co. Ltd.<br>| 68000 | 130191 |
|  | Forcecon Tech Co. <br> Ltd.<br>| 24672 | 87518 |
|  | Forest Water <br> Environment <br> Engineering Co. <br> Ltd.<br>| 17544 | 22951 |
|  | Formosa Advanced <br> Technologies Co. <br> Ltd.<br>| 58000 | 71369 |
| # | Formosa Chemicals & <br> Fibre Corp.<br>| 587000 | 555445 |
|  | Formosa International <br> Hotels Corp.<br>| 25000 | 154754 |

---

753

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Formosa Laboratories, <br> Inc.<br>| 38000 | $76452 |
|  | Formosa Oilseed <br> Processing Co. Ltd.<br>| 15297 | 15211 |
|  | Formosa Optical <br> Technology Co. Ltd.<br>| 8000 | 25406 |
|  | Formosa <br> Petrochemical Corp.<br>| 133000 | 193375 |
| # | Formosa Plastics <br> Corp.<br>| 638000 | 788406 |
|  | Formosa Sumco <br> Technology Corp.<br>| 27000 | 87223 |
|  | Formosa Taffeta Co. <br> Ltd.<br>| 331000 | 160099 |
|  | Formosan Rubber <br> Group, Inc.<br>| 75700 | 58429 |
|  | Formosan Union <br> Chemical Corp.<br>| 126000 | 68108 |
|  | Fortune Electric Co. <br> Ltd.<br>| 33000 | 762974 |
|  | Fositek Corp. | 8000 | 375035 |
|  | Founding Construction <br> & Development Co. <br> Ltd.<br>| 67000 | 32446 |
|  | Foxconn Technology <br> Co. Ltd.<br>| 159000 | 367536 |
|  | Foxsemicon Integrated <br> Technology, Inc.<br>| 30000 | 359563 |
|  | Franbo Lines Corp. | 79663 | 55832 |
|  | Froch Enterprise Co. <br> Ltd.<br>| 98000 | 44238 |
|  | FSP Technology, Inc. | 39000 | 76647 |
|  | Fu Chun Shin <br> Machinery <br> Manufacture Co. <br> Ltd.<br>| 27315 | 17333 |
| # | Fu Hua Innovation Co. <br> Ltd.<br>| 120642 | 76783 |
|  | Fubon Financial <br> Holding Co. Ltd.<br>| 1190667 | 3523858 |
|  | Fulgent Sun <br> International Holding <br> Co. Ltd.<br>| 60443 | 188107 |
|  | Fullerton Technology <br> Co. Ltd.<br>| 41000 | 31333 |
| \* | Fulltech Fiber Glass <br> Corp.<br>| 121745 | 284912 |
|  | Fusheng Precision Co. <br> Ltd.<br>| 34000 | 267418 |
|  | Fwusow Industry Co. <br> Ltd.<br>| 100045 | 44357 |
|  | G Shank Enterprise <br> Co. Ltd.<br>| 41416 | 129236 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Gallant Micro <br> Machining Co. Ltd.<br>| 1000 | $20512 |
|  | Gallant Precision <br> Machining Co. Ltd.<br>| 11000 | 33013 |
| # | Gamania Digital <br> Entertainment Co. <br> Ltd.<br>| 40000 | 77123 |
| \* | GCS Holdings, Inc. | 23000 | 135614 |
|  | GEM Services, Inc. | 27000 | 71460 |
| # | Gemtek Technology <br> Corp.<br>| 133000 | 112913 |
| \* | General Interface <br> Solution GIS Holding <br> Ltd.<br>| 84000 | 134529 |
|  | General Plastic <br> Industrial Co. Ltd.<br>| 30000 | 27367 |
|  | Generalplus <br> Technology, Inc.<br>| 28000 | 35567 |
|  | Genesys Logic, Inc. | 29000 | 101238 |
|  | Genius Electronic <br> Optical Co. Ltd.<br>| 33000 | 448409 |
|  | Genovate <br> Biotechnology Co. <br> Ltd.<br>| 15759 | 10207 |
|  | GeoVision, Inc. | 12460 | 18688 |
|  | Getac Holdings Corp. | 71000 | 318050 |
|  | GFC Ltd. | 23000 | 92743 |
|  | Giant Manufacturing <br> Co. Ltd.<br>| 101015 | 332808 |
| \* | Giantplus Technology <br> Co. Ltd.<br>| 114000 | 44003 |
|  | Gigabyte Technology <br> Co. Ltd.<br>| 86000 | 779619 |
| \* | Gigasolar Materials <br> Corp.<br>| 20474 | 45076 |
| \* | Gigastorage Corp. | 108000 | 66408 |
|  | Global Brands <br> Manufacture Ltd.<br>| 97215 | 367668 |
|  | Global Lighting <br> Technologies, Inc.<br>| 27000 | 36604 |
|  | Global Mixed Mode <br> Technology, Inc.<br>| 24000 | 181527 |
|  | Global PMX Co. Ltd. | 28000 | 129460 |
|  | Global Unichip Corp. | 11000 | 543839 |
|  | Global View Co. Ltd. | 15000 | 29481 |
|  | Globaltek Fabrication <br> Co. Ltd.<br>| 12000 | 21872 |
|  | Globalwafers Co. Ltd. | 67000 | 1101545 |
|  | Globe Union Industrial <br> Corp.<br>| 97566 | 32629 |
|  | Gloria Material <br> Technology Corp.<br>| 157000 | 173404 |
| \* | GlycoNex, Inc. | 29000 | 21654 |
|  | GMI Technology, Inc. | 22463 | 28375 |

---

754

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Gold Circuit Electronics <br> Ltd.<br>| 61800 | $927875 |
|  | Golden Long Teng <br> Development Co. <br> Ltd.<br>| 35000 | 31298 |
|  | Goldsun Building <br> Materials Co. Ltd.<br>| 268000 | 315084 |
|  | Good Finance <br> Securities Co. Ltd.<br>| 19000 | 15822 |
|  | Good Will Instrument <br> Co. Ltd.<br>| 31000 | 57378 |
|  | Gordon Auto Body <br> Parts<br>| 47000 | 48394 |
|  | Gourmet Master Co. <br> Ltd.<br>| 43000 | 97532 |
|  | Grand Fortune <br> Securities Co. Ltd.<br>| 139990 | 54091 |
| #\* | Grand Pacific <br> Petrochemical<br>| 400433 | 134094 |
|  | Grand Process <br> Technology Corp.<br>| 3000 | 140978 |
|  | GrandTech CG <br> Systems, Inc.<br>| 12437 | 21786 |
|  | Grape King Bio Ltd. | 44000 | 176586 |
|  | Great China Metal <br> Industry<br>| 51000 | 33332 |
|  | Great Taipei Gas Co. <br> Ltd.<br>| 70000 | 68284 |
|  | Great Tree Pharmacy <br> Co. Ltd.<br>| 31821 | 114213 |
|  | Great Wall Enterprise <br> Co. Ltd.<br>| 225100 | 380180 |
|  | Greatek Electronics, <br> Inc.<br>| 135000 | 308707 |
|  | Green World FinTech <br> Service Co. Ltd.<br>| 32000 | 61932 |
|  | Group Up Industrial <br> Co. Ltd.<br>| 11000 | 99281 |
|  | GTM Holdings Corp. | 36000 | 35517 |
| # | Gudeng Precision <br> Industrial Co. Ltd.<br>| 19246 | 219571 |
| \* | Hai Kwang Enterprise <br> Corp.<br>| 46971 | 22185 |
|  | Hannstar Board Corp. | 96840 | 296220 |
| \* | HannStar Display <br> Corp.<br>| 697000 | 161603 |
| \* | HannsTouch Holdings <br> Co.<br>| 227000 | 47201 |
|  | Hanpin Electron Co. <br> Ltd.<br>| 20000 | 29885 |
| \* | Harvatek Corp. | 61000 | 40099 |
|  | Heran Co. Ltd. | 25200 | 52166 |
| # | Hey Song Corp. | 98000 | 118930 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Hi-Clearance, Inc. | 7518 | $33626 |
|  | Highlight Tech Corp. | 27000 | 38583 |
|  | Highwealth <br> Construction Corp.<br>| 236917 | 300062 |
|  | Hi-Lai Foods Co. Ltd. | 6000 | 31207 |
|  | HIM International <br> Music, Inc.<br>| 15000 | 45600 |
|  | Hiroca Holdings Ltd. | 21000 | 14544 |
| \* | Hitron Technology, Inc. | 41000 | 32294 |
|  | Hiwin Mikrosystem <br> Corp.<br>| 13000 | 47685 |
|  | Hiwin Technologies <br> Corp.<br>| 64701 | 467149 |
|  | Hiyes International Co. <br> Ltd.<br>| 20759 | 56375 |
|  | Ho Tung Chemical <br> Corp.<br>| 278000 | 74035 |
|  | Hocheng Corp. | 102960 | 59836 |
|  | Holdings-Key Electric <br> Wire & Cable Co. <br> Ltd.<br>| 28000 | 40487 |
|  | Holiday Entertainment <br> Co. Ltd.<br>| 18950 | 37344 |
| # | Holy Stone Enterprise <br> Co. Ltd.<br>| 45550 | 168523 |
|  | Hon Hai Precision <br> Industry Co. Ltd. <br> (2317 TT)<br>| 823000 | 6845205 |
|  | Hong Pu Real Estate <br> Development Co. <br> Ltd.<br>| 74000 | 62742 |
|  | Hong TAI Electric <br> Industrial<br>| 76000 | 97155 |
|  | Horizon Securities Co. <br> Ltd.<br>| 114240 | 40444 |
| # | Hota Industrial <br> Manufacturing Co. <br> Ltd.<br>| 99000 | 190822 |
|  | Hotai Finance Co. Ltd. | 85480 | 171080 |
|  | Hotai Motor Co. Ltd. | 37100 | 680170 |
|  | Hsin Ba Ba Corp. | 13269 | 20309 |
|  | Hsin Kuang Steel Co. <br> Ltd.<br>| 82000 | 105743 |
|  | Hsin Yung Chien Co. <br> Ltd.<br>| 6000 | 17561 |
|  | Hsing TA Cement Co. | 41000 | 20621 |
| #\* | HTC Corp. | 231000 | 376835 |
|  | Hu Lane Associate, <br> Inc.<br>| 29058 | 124164 |
|  | HUA ENG Wire & <br> Cable Co. Ltd.<br>| 119000 | 127355 |
|  | Hua Nan Financial <br> Holdings Co. Ltd.<br>| 1273960 | 1208703 |

---

755

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Hua Yu Lien <br> Development Co. <br> Ltd.<br>| 55961 | $113078 |
|  | Huaku Development <br> Co. Ltd.<br>| 91150 | 308326 |
|  | Huang Hsiang <br> Construction Corp.<br>| 51838 | 69417 |
|  | Huikwang Corp. | 14000 | 11186 |
|  | Hung Ching <br> Development & <br> Construction Co. <br> Ltd.<br>| 49000 | 43427 |
|  | Hung Sheng <br> Construction Ltd.<br>| 135000 | 93513 |
|  | Huxen Corp. | 7000 | 11017 |
|  | Hwa Fong Rubber <br> Industrial Co. Ltd.<br>| 78000 | 38284 |
|  | Hwacom Systems, <br> Inc.<br>| 32000 | 25361 |
| # | Hwang Chang General <br> Contractor Co. Ltd.<br>| 85053 | 191200 |
|  | Ibase Technology, Inc. | 39000 | 61982 |
|  | IBF Financial Holdings <br> Co. Ltd.<br>| 1053953 | 521888 |
| \* | IC Plus Corp. | 7000 | 11599 |
|  | ICARES Medicus, Inc. | 3300 | 9502 |
|  | Ichia Technologies, <br> Inc.<br>| 75000 | 123655 |
| # | I-Chiun Precision <br> Industry Co. Ltd.<br>| 56864 | 135222 |
| \* | Ideal Bike Corp. | 29000 | 5687 |
| # | IEI Integration Corp. | 57000 | 123846 |
|  | IKKA Holdings Cayman <br> Ltd.<br>| 6286 | 17037 |
| # | In Win Development, <br> Inc.<br>| 9000 | 23857 |
|  | Infortrend Technology, <br> Inc.<br>| 72000 | 53524 |
|  | Info-Tek Corp. | 13000 | 15422 |
|  | Ingentec Corp. | 5512 | 44687 |
|  | Innodisk Corp. | 32813 | 458014 |
| # | Innolux Corp. | 1214587 | 523104 |
|  | Inpaq Technology Co. <br> Ltd.<br>| 26205 | 73814 |
|  | Insyde Software Corp. | 8000 | 58997 |
|  | Intai Technology Corp. | 11000 | 35721 |
|  | Integrated Service <br> Technology, Inc.<br>| 22579 | 80857 |
| \* | IntelliEPI, Inc. | 10000 | 50693 |
|  | Interactive Digital <br> Technologies, Inc.<br>| 13000 | 31266 |
| \* | International CSRC <br> Investment Holdings <br> Co.<br>| 306000 | 101643 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | International Games <br> System Co. Ltd.<br>| 45000 | $1051521 |
|  | Inventec Corp. | 344000 | 510548 |
| # | Iron Force Industrial <br> Co. Ltd.<br>| 20742 | 63985 |
|  | I-Sheng Electric Wire & <br> Cable Co. Ltd.<br>| 36000 | 54220 |
|  | ITE Technology, Inc. | 51000 | 215625 |
|  | ITEQ Corp. | 82000 | 310465 |
|  | Jarllytec Co. Ltd. | 9225 | 29339 |
|  | Jean Co. Ltd. | 70409 | 58318 |
|  | Jentech Precision <br> Industrial Co. Ltd.<br>| 8299 | 569031 |
| # | Jetwell Computer Co. <br> Ltd.<br>| 10080 | 57978 |
|  | Jia Wei Lifestyle, Inc. | 18900 | 24461 |
|  | Jih Lin Technology Co. <br> Ltd.<br>| 28000 | 48826 |
|  | Jiin Yeeh Ding <br> Enterprise Co. Ltd.<br>| 25000 | 52198 |
| # | Jinan Acetate <br> Chemical Co. Ltd.<br>| 198880 | 389193 |
|  | Johnson Chemical <br> Pharmaceutical <br> Works Corp.<br>| 16000 | 34836 |
|  | Johnson Health Tech <br> Co. Ltd.<br>| 28000 | 145000 |
| # | JPC connectivity, Inc. | 26000 | 140515 |
|  | JPP Holding Co. Ltd. | 18000 | 185331 |
|  | JSL Construction & <br> Development Co. <br> Ltd.<br>| 48129 | 79751 |
|  | K Laser Technology, <br> Inc.<br>| 47000 | 23817 |
|  | Kaimei Electronic <br> Corp.<br>| 40400 | 122737 |
|  | Kao Fong Machinery <br> Co. Ltd.<br>| 24000 | 30397 |
|  | Kaori Heat Treatment <br> Co. Ltd.<br>| 9000 | 181321 |
|  | Kedge Construction <br> Co. Ltd.<br>| 26407 | 75425 |
|  | Keding Enterprises Co. <br> Ltd.<br>| 10000 | 35933 |
|  | KEE TAI Properties <br> Co. Ltd.<br>| 130935 | 44903 |
|  | Kenda Rubber <br> Industrial Co. Ltd.<br>| 219051 | 142637 |
|  | Kent Industrial Co. <br> Ltd.<br>| 12000 | 9722 |
|  | Kerry TJ Logistics Co. <br> Ltd.<br>| 82000 | 89634 |

---

756

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Keystone Microtech <br> Corp.<br>| 8000 | $109962 |
|  | KGI Financial Holding <br> Co. Ltd.<br>| 2484010 | 1281355 |
| # | KHGEARS <br> International Ltd.<br>| 10000 | 56413 |
| # | Kindom Development <br> Co. Ltd.<br>| 127600 | 137985 |
|  | King Chou Marine <br> Technology Co. Ltd.<br>| 27000 | 44988 |
|  | King Polytechnic <br> Engineering Co. <br> Ltd.<br>| 17400 | 25733 |
|  | King Slide Works Co. <br> Ltd.<br>| 5000 | 663309 |
| # | King Yuan Electronics <br> Co. Ltd.<br>| 201000 | 1409295 |
| \* | King's Town <br> Construction Co. <br> Ltd.<br>| 18000 | 24389 |
|  | Kingwaytek Technology <br> Co. Ltd.<br>| 5000 | 10391 |
|  | Kinik Co. | 26000 | 263988 |
| \* | Kinko Optical Co. Ltd. | 54000 | 80355 |
| # | Kinpo Electronics | 402000 | 295832 |
| # | Kinsus Interconnect <br> Technology Corp.<br>| 117000 | 516375 |
|  | KMC Kuei Meng <br> International, Inc.<br>| 18000 | 52665 |
|  | KNH Enterprise Co. <br> Ltd.<br>| 40000 | 22024 |
|  | Ko Ja Cayman Co. <br> Ltd.<br>| 18000 | 21314 |
|  | KS Terminals, Inc. | 45000 | 73214 |
|  | Kuen Ling Machinery <br> Refrigerating Co. <br> Ltd.<br>| 26000 | 32864 |
|  | Kung Long Batteries <br> Industrial Co. Ltd.<br>| 25000 | 98691 |
| \* | Kung Sing Engineering <br> Corp.<br>| 139000 | 52347 |
|  | Kuo Toong <br> International Co. <br> Ltd.<br>| 73000 | 136818 |
| \* | Kuo Yang Construction <br> Co. Ltd.<br>| 86000 | 52664 |
|  | Kwong Lung Enterprise <br> Co. Ltd.<br>| 34000 | 52852 |
|  | L&K Engineering Co. <br> Ltd.<br>| 26166 | 404791 |
|  | La Kaffa International <br> Co. Ltd.<br>| 10000 | 24096 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Lanner Electronics, <br> Inc.<br>| 29380 | $76797 |
|  | Largan Precision Co. <br> Ltd. (3008 TT)<br>| 15000 | 1076612 |
|  | Laser Tek Taiwan Co. <br> Ltd.<br>| 25300 | 42499 |
|  | Laster Tech Co. Ltd. | 37000 | 24983 |
| \* | Leader Electronics, <br> Inc.<br>| 74000 | 26606 |
|  | Leadtrend Technology <br> Corp.<br>| 15119 | 23607 |
| \* | Lealea Enterprise Co. <br> Ltd.<br>| 252600 | 53457 |
|  | LEE CHI Enterprises <br> Co. Ltd.<br>| 66000 | 25294 |
|  | Lelon Electronics <br> Corp.<br>| 41000 | 144650 |
|  | Lemtech Holdings Co. <br> Ltd.<br>| 16800 | 43610 |
|  | Leo Systems, Inc. | 20000 | 23110 |
| \* | Leofoo Development <br> Co. Ltd.<br>| 59000 | 32309 |
| \* | Li Peng Enterprise Co. <br> Ltd.<br>| 228000 | 41121 |
| # | Lian HWA Food Corp. | 36606 | 131824 |
|  | Lien Hwa Industrial <br> Holdings Corp.<br>| 160420 | 251653 |
|  | Lingsen Precision <br> Industries Ltd.<br>| 119000 | 79432 |
|  | Lintes Technology Co. <br> Ltd.<br>| 5000 | 14906 |
|  | Lion Travel Service Co. <br> Ltd.<br>| 24000 | 122357 |
|  | Lite-On Technology <br> Corp.<br>| 241000 | 1398158 |
|  | Liton Technology <br> Corp.<br>| 29000 | 44941 |
| \* | Long Bon International <br> Co. Ltd.<br>| 23000 | 10993 |
|  | Long Da Construction <br> & Development <br> Corp.<br>| 77000 | 71391 |
| \* | Longchen Paper & <br> Packaging Co. Ltd.<br>| 266603 | 81076 |
|  | Longwell Co. | 41000 | 249400 |
| # | Loop <br> Telecommunication <br> International, Inc.<br>| 21000 | 31047 |
|  | Lotes Co. Ltd. | 19207 | 856358 |
|  | Lotus Pharmaceutical <br> Co. Ltd.<br>| 44000 | 422106 |
|  | Loyalty Founder <br> Enterprise Co. Ltd.<br>| 31000 | 30238 |

---

757

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Lucky Cement Corp. | 107000 | $52006 |
|  | Lumax International <br> Corp. Ltd.<br>| 34600 | 111174 |
| \* | Lung Yen Life Service <br> Corp.<br>| 48000 | 81137 |
|  | Lungteh Shipbuilding <br> Co. Ltd.<br>| 26050 | 101449 |
|  | Luxe Green Energy <br> Technology Co. Ltd.<br>| 21630 | 15625 |
|  | LuxNet Corp. | 12617 | 83118 |
|  | M3 Technology, Inc. | 6000 | 16187 |
|  | Macauto Industrial Co. <br> Ltd.<br>| 19000 | 36743 |
| # | Machvision, Inc. | 10000 | 182078 |
|  | Macnica Galaxy, Inc. | 6000 | 17115 |
|  | Macroblock, Inc. | 10000 | 19095 |
| \* | Macronix International <br> Co. Ltd.<br>| 567000 | 571612 |
|  | MacroWell OMG <br> Digital Entertainment <br> Co. Ltd.<br>| 4000 | 10638 |
|  | Magnate Technology <br> Co. Ltd.<br>| 22000 | 30319 |
|  | Makalot Industrial Co. <br> Ltd.<br>| 77780 | 678624 |
|  | Marketech International <br> Corp.<br>| 35000 | 278362 |
| # | Materials Analysis <br> Technology, Inc.<br>| 15622 | 102911 |
|  | Maxigen Biotech, Inc. | 13650 | 18831 |
|  | Mayer Steel Pipe <br> Corp.<br>| 72000 | 55690 |
| \* | Mechema Chemicals <br> International Corp.<br>| 22000 | 52203 |
|  | MediaTek, Inc. | 114000 | 4834674 |
| \* | Medigen Biotechnology <br> Corp.<br>| 12000 | 11515 |
|  | Mega Financial <br> Holding Co. Ltd.<br>| 1178835 | 1549808 |
|  | Megaforce Co. Ltd. | 16000 | 21468 |
|  | Meiloon Industrial Co. | 46800 | 35706 |
|  | Mercuries & Associates <br> Holding Ltd.<br>| 184396 | 85669 |
|  | Mercuries Data <br> Systems Ltd.<br>| 15000 | 12442 |
| \* | Mercuries Life <br> Insurance Co. Ltd.<br>| 1132032 | 266153 |
|  | Merida Industry Co. <br> Ltd.<br>| 79000 | 256024 |
| # | Merry Electronics Co. <br> Ltd.<br>| 77101 | 256173 |
|  | METAAGE Corp. | 37000 | 62466 |
| \* | Microbio Co. Ltd. | 131399 | 93973 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Micro-Star International <br> Co. Ltd.<br>| 120000 | $425389 |
|  | Mildef Crete, Inc. | 13000 | 45240 |
|  | MIN AIK Technology <br> Co. Ltd.<br>| 62000 | 44280 |
|  | Mitac Holdings Corp. | 190300 | 614280 |
| \* | Mobiletron Electronics <br> Co. Ltd.<br>| 11000 | 10738 |
|  | momo.com, Inc. | 24637 | 186651 |
| \* | MOSA Industrial Corp. | 64400 | 35417 |
|  | Mosel Vitelic, Inc. | 18000 | 19836 |
|  | Motech Industries, Inc. | 99000 | 54622 |
|  | MPI Corp. | 7000 | 474634 |
|  | MSSCORPS Co. Ltd. | 20523 | 113838 |
|  | Munsin Garment Corp. | 8000 | 12537 |
|  | My Humble House <br> Hospitality <br> Management <br> Consulting<br>| 13000 | 15587 |
|  | Nak Sealing <br> Technologies Corp.<br>| 23000 | 79501 |
|  | Namchow Holdings <br> Co. Ltd.<br>| 54000 | 67944 |
|  | Nan Juen International <br> Co. Ltd.<br>| 7000 | 63724 |
| # | Nan Kang Rubber Tire <br> Co. Ltd.<br>| 146974 | 172742 |
|  | Nan Liu Enterprise Co. <br> Ltd.<br>| 10000 | 14339 |
|  | Nan Pao Resins <br> Chemical Co. Ltd.<br>| 19000 | 226383 |
| \* | Nan Ren Lake Leisure <br> Amusement Co. <br> Ltd.<br>| 36333 | 11724 |
|  | Nan Ya Plastics Corp. | 557000 | 749501 |
| # | Nan Ya Printed Circuit <br> Board Corp.<br>| 31000 | 290563 |
|  | Nang Kuang <br> Pharmaceutical Co. <br> Ltd.<br>| 26000 | 32829 |
|  | Nantex Industry Co. <br> Ltd.<br>| 94000 | 68103 |
| \* | Nanya Technology <br> Corp.<br>| 200000 | 854099 |
|  | National Aerospace <br> Fasteners Corp.<br>| 7000 | 24439 |
|  | National Petroleum Co. <br> Ltd.<br>| 21000 | 39140 |
|  | Netronix, Inc. | 18000 | 78686 |
| \* | New Asia Construction <br> & Development <br> Corp.<br>| 50000 | 24030 |

---

758

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | New Best Wire <br> Industrial Co. Ltd.<br>| 8000 | $7591 |
| \* | Newmax Technology <br> Co. Ltd.<br>| 45000 | 44789 |
|  | Nextronics Engineering <br> Corp.<br>| 11000 | 40065 |
|  | Nichidenbo Corp. | 67000 | 196241 |
|  | Nidec Chaun-Choung <br> Technology Corp.<br>| 4000 | 17657 |
|  | Nien Hsing Textile Co. <br> Ltd.<br>| 53000 | 28598 |
|  | Nien Made Enterprise <br> Co. Ltd.<br>| 31000 | 371374 |
|  | Niko Semiconductor <br> Co. Ltd.<br>| 19101 | 35045 |
|  | Nishoku Technology, <br> Inc.<br>| 18000 | 74190 |
| # | North-Star International <br> Co. Ltd.<br>| 63178 | 54286 |
|  | Nova Technology <br> Corp.<br>| 10000 | 55845 |
| # | Novatek <br> Microelectronics <br> Corp.<br>| 100000 | 1274113 |
|  | Nuvoton Technology <br> Corp.<br>| 72000 | 143611 |
|  | O-Bank Co. Ltd. | 369000 | 108566 |
|  | Ocean Plastics Co. <br> Ltd.<br>| 60000 | 70198 |
|  | OK Biotech Co. Ltd. | 46571 | 21343 |
|  | Optimax Technology <br> Corp.<br>| 41946 | 27321 |
|  | Orient Europharma Co. <br> Ltd.<br>| 12000 | 18039 |
|  | Orient Semiconductor <br> Electronics Ltd.<br>| 130000 | 204134 |
| \* | Oriental Union <br> Chemical Corp.<br>| 183000 | 71062 |
|  | O-TA Precision <br> Industry Co. Ltd.<br>| 22000 | 53088 |
|  | Pacific Construction <br> Co.<br>| 101000 | 31282 |
|  | Pacific Hospital Supply <br> Co. Ltd.<br>| 16000 | 46007 |
|  | Paiho Shih Holdings <br> Corp.<br>| 77309 | 62572 |
|  | Pan Asia Chemical <br> Corp.<br>| 51519 | 15829 |
|  | Pan German Universal <br> Motors Ltd.<br>| 10000 | 94346 |
|  | Pan Jit International, <br> Inc.<br>| 102000 | 278448 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Pan-International <br> Industrial Corp.<br>| 131000 | $237970 |
|  | Panion & BF Biotech, <br> Inc.<br>| 21000 | 45201 |
|  | Parade Technologies <br> Ltd.<br>| 22000 | 484709 |
| \* | Paragon Technologies <br> Co. Ltd.<br>| 4000 | 2729 |
| # | Parpro Corp. | 37000 | 63211 |
| \* | PChome Online, Inc. | 63268 | 71581 |
|  | PCL Technologies, <br> Inc.<br>| 20281 | 78484 |
|  | P-Duke Technology <br> Co. Ltd.<br>| 16000 | 53021 |
|  | Pegatron Corp. | 332000 | 798722 |
|  | Pegavision Corp. | 15514 | 171602 |
|  | PharmaEngine, Inc. | 41000 | 94722 |
|  | PharmaEssentia Corp. | 32096 | 518542 |
| #\* | Phihong Technology <br> Co. Ltd.<br>| 109000 | 107764 |
|  | Phison Electronics <br> Corp.<br>| 21000 | 724001 |
|  | Phoenix Silicon <br> International Corp.<br>| 48272 | 270166 |
|  | Phoenix Tours <br> International, Inc.<br>| 19215 | 32266 |
| \* | Phytohealth Corp. | 53000 | 23996 |
|  | Pixart Imaging, Inc. | 44000 | 330288 |
|  | Planet Technology <br> Corp.<br>| 13000 | 55887 |
|  | Plastron Precision Co. <br> Ltd.<br>| 27000 | 14554 |
|  | Polytronics Technology <br> Corp.<br>| 14000 | 20866 |
|  | Posiflex Technology, <br> Inc.<br>| 21000 | 147132 |
|  | Pou Chen Corp. | 395000 | 375840 |
|  | Power Wind Health <br> Industry, Inc.<br>| 16000 | 85169 |
| #\* | Powerchip <br> Semiconductor <br> Manufacturing Corp.<br>| 727000 | 737967 |
|  | Powertech Technology, <br> Inc.<br>| 173000 | 966405 |
|  | Poya International Co. <br> Ltd.<br>| 18495 | 273332 |
|  | President Chain Store <br> Corp.<br>| 102000 | 789886 |
|  | President Securities <br> Corp.<br>| 317900 | 244496 |
|  | Primax Electronics <br> Ltd.<br>| 185000 | 497780 |
|  | Prince Housing & <br> Development Corp.<br>| 345000 | 99979 |

---

759

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | Princeton Technology <br> Corp.<br>| 40000 | $18542 |
|  | Pro Hawk Corp. | 2000 | 9753 |
| # | Promate Electronic Co. <br> Ltd.<br>| 81598 | 125699 |
| # | Prosperity Dielectrics <br> Co. Ltd.<br>| 38000 | 72465 |
|  | PSS Co. Ltd. | 9000 | 44240 |
|  | Qisda Corp. | 394420 | 396324 |
|  | QST International <br> Corp.<br>| 31839 | 43929 |
|  | Qualipoly Chemical <br> Corp.<br>| 32000 | 187853 |
|  | Quang Viet Enterprise <br> Co. Ltd.<br>| 17168 | 43083 |
|  | Quanta Computer, Inc. | 312000 | 3025847 |
|  | Quanta Storage, Inc. | 50000 | 172259 |
| \* | Quintain Steel Co. Ltd. | 91514 | 25921 |
|  | Radiant <br> Opto-Electronics <br> Corp.<br>| 128000 | 548306 |
|  | Radium Life Tech Co. <br> Ltd.<br>| 251268 | 89743 |
|  | Rafael <br> Microelectronics, <br> Inc.<br>| 2000 | 7222 |
| # | Raydium <br> Semiconductor <br> Corp.<br>| 27000 | 213369 |
|  | Realtek Semiconductor <br> Corp.<br>| 85000 | 1419386 |
|  | Rechi Precision Co. <br> Ltd.<br>| 113000 | 84730 |
|  | Rexon Industrial Corp. <br> Ltd.<br>| 37000 | 33139 |
|  | Rich Development Co. <br> Ltd.<br>| 217280 | 59830 |
| \* | Right WAY Industrial <br> Co. Ltd.<br>| 47000 | 18861 |
|  | RiTdisplay Corp. | 20041 | 21516 |
| \* | Ritek Corp. | 225000 | 72765 |
|  | Rodex Fasteners <br> Corp.<br>| 12000 | 10997 |
|  | Roundtop Machinery <br> Industries Co. Ltd.<br>| 20000 | 14785 |
|  | Ruby Tech Corp. | 9270 | 13591 |
|  | Ruentex Development <br> Co. Ltd.<br>| 259400 | 251259 |
|  | Ruentex Engineering & <br> Construction Co.<br>| 25440 | 138379 |
|  | Ruentex Industries <br> Ltd.<br>| 201619 | 351734 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Run Long Construction <br> Co. Ltd.<br>| 88800 | $109617 |
|  | Sakura Development <br> Co. Ltd.<br>| 110296 | 172290 |
|  | Sampo Corp. | 105000 | 83962 |
|  | San Fang Chemical <br> Industry Co. Ltd.<br>| 59000 | 59269 |
|  | San Fu Chemical Co. <br> Ltd.<br>| 12000 | 42269 |
|  | San Lien Technology <br> Corp. Ltd.<br>| 8400 | 22525 |
|  | San Shing Fastech <br> Corp.<br>| 22000 | 36757 |
| \* | SanDi Properties Co. <br> Ltd.<br>| 8000 | 9560 |
|  | Sanyang Motor Co. <br> Ltd.<br>| 185000 | 362999 |
|  | Savior Lifetec Corp. | 104000 | 57782 |
|  | SCI Pharmtech, Inc. | 22714 | 42492 |
|  | Scientech Corp. | 14000 | 161360 |
|  | ScinoPharm Taiwan <br> Ltd.<br>| 103000 | 58639 |
|  | SciVision Biotech, Inc. | 21000 | 61205 |
| # | SDI Corp. | 39000 | 107900 |
|  | Sea Sonic Electronics <br> Co. Ltd.<br>| 20000 | 44732 |
|  | Securitag Assembly <br> Group Co. Ltd.<br>| 4000 | 13761 |
|  | Senao International <br> Co. Ltd.<br>| 31000 | 29240 |
|  | Senao Networks, Inc. | 10467 | 51636 |
|  | Sensortek Technology <br> Corp.<br>| 8000 | 49385 |
|  | Sercomm Corp. | 113000 | 362151 |
|  | Sesoda Corp. | 87000 | 85333 |
|  | Shanghai Commercial <br> & Savings Bank Ltd.<br>| 613881 | 790253 |
|  | Sharehope Medicine <br> Co. Ltd.<br>| 36087 | 28506 |
|  | Sheng Yu Steel Co. <br> Ltd.<br>| 37000 | 25478 |
| # | ShenMao Technology, <br> Inc.<br>| 36000 | 118260 |
|  | Shieh Yih Machinery <br> Industry Co. Ltd.<br>| 43000 | 29863 |
|  | Shih Her Technologies, <br> Inc.<br>| 15026 | 84418 |
| \* | Shih Wei Navigation <br> Co. Ltd.<br>| 120201 | 68399 |
|  | Shihlin Electric & <br> Engineering Corp.<br>| 31000 | 200368 |
| \* | Shihlin Paper Corp. | 31000 | 55143 |
|  | Shin Hsiung Natural <br> Gas Co. Ltd.<br>| 6674 | 8815 |

---

760

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Shin Ruenn <br> Development Co. <br> Ltd.<br>| 41135 | $77877 |
| # | Shin Zu Shing Co. <br> Ltd.<br>| 43086 | 294154 |
| \* | Shining Building <br> Business Co. Ltd.<br>| 145000 | 42666 |
|  | Shinkong Insurance <br> Co. Ltd.<br>| 75000 | 274190 |
| # | Shinkong Synthetic <br> Fibers Corp.<br>| 394000 | 170775 |
|  | Shinkong Textile Co. <br> Ltd.<br>| 44000 | 80788 |
|  | Shiny Brands Group <br> Co. Ltd.<br>| 12100 | 40848 |
|  | Shiny Chemical <br> Industrial Co. Ltd.<br>| 51000 | 241430 |
| \* | Shuttle, Inc. | 108000 | 64959 |
|  | Sigurd Microelectronics <br> Corp.<br>| 149000 | 504105 |
| # | Silergy Corp. | 43000 | 309376 |
| # | Silicon Integrated <br> Systems Corp.<br>| 123785 | 221891 |
| \* | Silicon Optronics, Inc. | 11000 | 21454 |
|  | Silitech Technology <br> Corp.<br>| 12000 | 13680 |
|  | Simplo Technology Co. <br> Ltd.<br>| 44000 | 500866 |
|  | Sinbon Electronics Co. <br> Ltd.<br>| 75000 | 514032 |
|  | Sincere Navigation <br> Corp.<br>| 102000 | 80117 |
|  | Singatron Enterprise <br> Co. Ltd.<br>| 42000 | 41773 |
|  | Sinmag Equipment <br> Corp.<br>| 12000 | 52468 |
| \* | Sino Tactful Co. Ltd. | 27000 | 17556 |
|  | Sino-American Silicon <br> Products, Inc.<br>| 133000 | 538186 |
|  | Sinon Corp. | 140000 | 194198 |
|  | SinoPac Financial <br> Holdings Co. Ltd.<br>| 1534226 | 1277079 |
|  | Sinopower <br> Semiconductor, Inc.<br>| 6000 | 20949 |
|  | Sinphar <br> Pharmaceutical Co. <br> Ltd.<br>| 58968 | 61695 |
|  | Sinyi Realty, Inc. | 88000 | 64806 |
|  | Sirtec International Co. <br> Ltd.<br>| 36000 | 29477 |
|  | Sitronix Technology <br> Corp.<br>| 37000 | 240406 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Siward Crystal <br> Technology Co. Ltd.<br>| 54000 | $39508 |
|  | Soft-World <br> International Corp.<br>| 19000 | 62947 |
|  | Solar Applied Materials <br> Technology Corp.<br>| 168000 | 322896 |
|  | Solteam, Inc. | 26465 | 41480 |
|  | Song Shang <br> Electronics Co. Ltd.<br>| 27000 | 18813 |
|  | Sonix Technology Co. <br> Ltd.<br>| 45000 | 51340 |
|  | Southeast Cement Co. <br> Ltd.<br>| 52000 | 28030 |
|  | Speed Tech Corp. | 60000 | 91932 |
|  | Sporton International, <br> Inc.<br>| 27650 | 160778 |
| # | Sports Gear Co. Ltd. | 23000 | 83806 |
|  | St. Shine Optical Co. <br> Ltd.<br>| 15000 | 63657 |
|  | Standard Chemical & <br> Pharmaceutical Co. <br> Ltd.<br>| 29000 | 52292 |
|  | Standard Foods Corp. | 158000 | 161226 |
| # | Stark Technology, Inc. | 30000 | 155654 |
| #\* | Starlux Airlines Co. <br> Ltd.<br>| 269000 | 209781 |
|  | S-Tech Corp. | 70390 | 53475 |
|  | Sun Max Tech Ltd. | 15710 | 42738 |
| \* | Sun Yad Construction <br> Co. Ltd.<br>| 86007 | 43832 |
|  | Sunfun Info Co. Ltd. | 26960 | 28678 |
|  | Sunjuice Holdings Co. <br> Ltd.<br>| 7359 | 34939 |
| \* | Sunko INK Co. Ltd. | 69000 | 26619 |
|  | SunMax Biotechnology <br> Co. Ltd.<br>| 8000 | 101423 |
|  | Sunny Friend <br> Environmental <br> Technology Co. Ltd.<br>| 32119 | 86376 |
|  | Sunonwealth Electric <br> Machine Industry <br> Co. Ltd.<br>| 68000 | 331907 |
|  | Sunplus Innovation <br> Technology, Inc.<br>| 9240 | 40607 |
| \* | Sunplus Technology <br> Co. Ltd.<br>| 139000 | 96975 |
|  | Sunrex Technology <br> Corp.<br>| 56000 | 75658 |
|  | Sunspring Metal Corp. | 50000 | 35749 |
|  | Superalloy Industrial <br> Co. Ltd.<br>| 70000 | 108010 |
| # | Supreme Electronics <br> Co. Ltd.<br>| 177693 | 380680 |

---

761

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Swancor Holding Co. <br> Ltd.<br>| 11000 | $44510 |
|  | Sweeten Real Estate <br> Development Co. <br> Ltd.<br>| 45935 | 42118 |
|  | Symtek Automation <br> Asia Co. Ltd.<br>| 26421 | 134242 |
| # | Syncmold Enterprise <br> Corp.<br>| 49000 | 109545 |
| # | Synmosa Biopharma <br> Corp.<br>| 137339 | 149757 |
|  | Synnex Technology <br> International Corp.<br>| 204000 | 376089 |
|  | Syscom Computer <br> Engineering Co.<br>| 15000 | 27871 |
| # | Systex Corp. | 66000 | 277373 |
|  | T3EX Global Holdings <br> Corp.<br>| 39000 | 88408 |
|  | TA Chen Stainless <br> Pipe<br>| 324570 | 386881 |
|  | Ta Ya Electric Wire & <br> Cable<br>| 250151 | 340579 |
|  | Tah Hsin Industrial <br> Corp.<br>| 5720 | 11918 |
|  | TA-I Technology Co. <br> Ltd.<br>| 30000 | 60897 |
|  | Tai Tung <br> Communication Co. <br> Ltd.<br>| 69192 | 51137 |
|  | Taichung Commercial <br> Bank Co. Ltd.<br>| 580237 | 403380 |
|  | TaiDoc Technology <br> Corp.<br>| 18000 | 71907 |
|  | Taiflex Scientific Co. <br> Ltd.<br>| 92769 | 204640 |
| # | Taimide Tech, Inc. | 45000 | 88110 |
|  | Tainan Enterprises Co. <br> Ltd.<br>| 22000 | 19421 |
| # | Tainan Spinning Co. <br> Ltd.<br>| 389000 | 159232 |
| \* | Tainergy Tech Co. Ltd. | 69000 | 33005 |
|  | Tai-Saw Technology <br> Co. Ltd.<br>| 16000 | 12839 |
|  | TaiSol Electronics Co. <br> Ltd.<br>| 24000 | 41206 |
|  | Taisun Enterprise Co. <br> Ltd.<br>| 60000 | 36073 |
|  | Taita Chemical Co. <br> Ltd.<br>| 37000 | 13213 |
| # | TAI-TECH Advanced <br> Electronics Co. Ltd.<br>| 26000 | 126867 |
|  | Taiwan Business Bank | 1220068 | 607725 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Taiwan Chinsan <br> Electronic Industrial <br> Co. Ltd.<br>| 43000 | $59924 |
| # | Taiwan Cogeneration <br> Corp.<br>| 168301 | 263767 |
|  | Taiwan Cooperative <br> Financial Holding <br> Co. Ltd.<br>| 1125536 | 869866 |
|  | Taiwan FamilyMart Co. <br> Ltd.<br>| 17000 | 105881 |
|  | Taiwan Fertilizer Co. <br> Ltd.<br>| 209000 | 326708 |
|  | Taiwan Fire & Marine <br> Insurance Co. Ltd.<br>| 93000 | 108910 |
|  | Taiwan Fructose Co. <br> Ltd.<br>| 26500 | 15840 |
|  | Taiwan FU Hsing <br> Industrial Co. Ltd.<br>| 44000 | 73469 |
| #\* | Taiwan Glass Industry <br> Corp.<br>| 365000 | 331170 |
|  | Taiwan High Speed <br> Rail Corp.<br>| 283000 | 251541 |
|  | Taiwan Hon Chuan <br> Enterprise Co. Ltd.<br>| 93757 | 384414 |
|  | Taiwan Hopax <br> Chemicals <br> Manufacturing Co. <br> Ltd.<br>| 62294 | 63368 |
| \* | Taiwan IC Packaging <br> Corp.<br>| 41000 | 23391 |
|  | Taiwan Line Tek <br> Electronic<br>| 14420 | 11497 |
| #\* | Taiwan Mask Corp. | 74000 | 92244 |
| # | Taiwan Mobile Co. <br> Ltd.<br>| 280000 | 996479 |
|  | Taiwan Navigation Co. <br> Ltd.<br>| 82000 | 77504 |
|  | Taiwan Optical <br> Platform Co. Ltd.<br>| 9000 | 22637 |
|  | Taiwan Paiho Ltd. | 90000 | 166963 |
| # | Taiwan PCB Techvest <br> Co. Ltd.<br>| 92000 | 105439 |
|  | Taiwan Sakura Corp. | 48000 | 132927 |
|  | Taiwan Sanyo Electric <br> Co. Ltd.<br>| 43000 | 49402 |
|  | Taiwan Secom Co. <br> Ltd.<br>| 75000 | 263146 |
|  | Taiwan Semiconductor <br> Co. Ltd.<br>| 78000 | 138964 |
|  | Taiwan Semiconductor <br> Manufacturing Co. <br> Ltd. (2330 TT)<br>| 2547000 | 123172070 |

---

762

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Taiwan Shin Kong <br> Security Co. Ltd.<br>| 83000 | $109876 |
|  | Taiwan Speciality <br> Chemicals Corp.<br>| 5000 | 54870 |
|  | Taiwan Steel Union <br> Co. Ltd.<br>| 7000 | 25007 |
| \* | Taiwan Styrene <br> Monomer<br>| 120000 | 32875 |
|  | Taiwan Surface <br> Mounting <br> Technology Corp.<br>| 95000 | 338661 |
|  | Taiwan Taxi Co. Ltd. | 16000 | 68634 |
| \* | Taiwan TEA Corp. | 177000 | 79925 |
|  | Taiwan Union <br> Technology Corp.<br>| 69000 | 860328 |
| #\* | Taiwan-Asia <br> Semiconductor <br> Corp.<br>| 142000 | 111171 |
|  | Taiyen Biotech Co. <br> Ltd.<br>| 27000 | 27986 |
| \* | Tang Eng Iron Works <br> Co. Ltd.<br>| 20000 | 18556 |
| # | Tatung Co. Ltd. | 366450 | 429521 |
|  | Tatung System <br> Technologies, Inc.<br>| 9040 | 21880 |
| \* | TBI Motion Technology <br> Co. Ltd.<br>| 32000 | 40164 |
|  | TCC Group Holdings <br> Co. Ltd.<br>| 1033076 | 741207 |
|  | TCI Co. Ltd. | 41000 | 151336 |
|  | Te Chang Construction <br> Co. Ltd.<br>| 28000 | 56314 |
| # | Team Group, Inc. | 21000 | 91741 |
|  | Teco Electric & <br> Machinery Co. Ltd.<br>| 179000 | 673671 |
|  | Tehmag Foods Corp. | 8000 | 76404 |
|  | Tera Autotech Corp. | 17000 | 12326 |
| # | Test Research, Inc. | 50000 | 253342 |
|  | Test Rite International <br> Co. Ltd.<br>| 47000 | 31034 |
| \* | Thermaltake <br> Technology Co. Ltd.<br>| 12000 | 12355 |
|  | Thinking Electronic <br> Industrial Co. Ltd.<br>| 29000 | 177505 |
|  | Thye Ming Industrial <br> Co. Ltd.<br>| 40000 | 70397 |
|  | Tofu Restaurant Co. <br> Ltd.<br>| 2000 | 13000 |
|  | Ton Yi Industrial Corp. | 273000 | 159332 |
|  | Tong Hsing Electronic <br> Industries Ltd.<br>| 67970 | 276112 |
|  | Tong Yang Industry Co. <br> Ltd.<br>| 151000 | 473749 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Tong-Tai Machine & <br> Tool Co. Ltd.<br>| 71000 | $74634 |
|  | Top Bright Holding Co. <br> Ltd.<br>| 2000 | 18586 |
|  | Top Union Electronics <br> Corp.<br>| 33135 | 32296 |
|  | Topco Scientific Co. <br> Ltd.<br>| 54780 | 606980 |
|  | Topco Technologies <br> Corp.<br>| 10000 | 20166 |
|  | Topkey Corp. | 26000 | 157272 |
| # | Topoint Technology Co. <br> Ltd.<br>| 35000 | 133870 |
|  | Toung Loong Textile <br> Manufacturing<br>| 15000 | 8430 |
|  | TPK Holding Co. Ltd. | 148000 | 174482 |
|  | Trade-Van Information <br> Services Co.<br>| 6000 | 18741 |
|  | Transcend Information, <br> Inc.<br>| 50000 | 214138 |
|  | Transcom, Inc. | 26785 | 117862 |
|  | Trigold Holdings Ltd. | 1000 | 1523 |
|  | Triocean Industrial <br> Corp. Co. Ltd.<br>| 6000 | 17814 |
|  | Tripod Technology <br> Corp.<br>| 78000 | 862616 |
|  | Trusval Technology Co. <br> Ltd.<br>| 6621 | 55488 |
|  | TS Financial Holding <br> Co. Ltd (2887 TT)<br>| 2549256 | 1548687 |
| \* | TS Financial Holding <br> Co. Ltd (28871 TT)<br>| 269838 | 80939 |
|  | Tsann Kuen Enterprise <br> Co. Ltd.<br>| 18419 | 14673 |
|  | TSC Auto ID <br> Technology Co. Ltd.<br>| 10498 | 66650 |
| \* | TSEC Corp. | 158000 | 71951 |
|  | TSRC Corp. | 204000 | 99314 |
|  | Ttet Union Corp. | 14000 | 65798 |
|  | TTFB Co. Ltd. | 11218 | 66714 |
|  | TTY Biopharm Co. <br> Ltd.<br>| 80000 | 206797 |
| \* | Tul Corp. | 19000 | 46975 |
|  | Tung Ho Steel <br> Enterprise Corp.<br>| 195000 | 397810 |
|  | Tung Thih Electronic <br> Co. Ltd.<br>| 31200 | 74066 |
|  | TURVO International <br> Co. Ltd.<br>| 16000 | 104283 |
| \* | Twinhead International <br> Corp.<br>| 6000 | 13499 |
|  | TXC Corp. | 109000 | 314706 |
|  | TYC Brother Industrial <br> Co. Ltd.<br>| 66000 | 102635 |

---

763

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | Tycoons Group <br> Enterprise<br>| 54115 | $13837 |
|  | Tyntek Corp. | 79000 | 44815 |
|  | TZE Shin International <br> Co. Ltd.<br>| 27000 | 13244 |
| \* | U-BEST Innovative <br> Technology Co. Ltd.<br>| 36000 | 21540 |
|  | Ubright Optronics <br> Corp.<br>| 12000 | 24676 |
|  | UDE Corp. | 29000 | 99474 |
|  | Ultra Chip, Inc. | 19000 | 28049 |
|  | U-Ming Marine <br> Transport Corp.<br>| 133000 | 240285 |
|  | Unic Technology Corp. | 25000 | 18826 |
|  | Unimicron Technology <br> Corp.<br>| 225000 | 1185871 |
|  | Union Bank of Taiwan | 284924 | 171684 |
|  | Union Insurance Co. <br> Ltd.<br>| 22000 | 19182 |
| \* | Uniplus Electronics Co. <br> Ltd.<br>| 37000 | 28543 |
|  | Uni-President <br> Enterprises Corp.<br>| 588000 | 1502293 |
|  | Unitech Computer Co. <br> Ltd.<br>| 13000 | 17559 |
|  | Unitech Printed Circuit <br> Board Corp.<br>| 246772 | 210139 |
|  | United Alloy-Tech Co. | 35000 | 61303 |
|  | United Integrated <br> Services Co. Ltd.<br>| 32000 | 890712 |
| # | United Microelectronics <br> Corp. (2303 TT)<br>| 2025000 | 3058210 |
|  | United Orthopedic <br> Corp.<br>| 23000 | 92981 |
|  | United Radiant <br> Technology<br>| 17000 | 11727 |
| \* | United Renewable <br> Energy Co. Ltd.<br>| 570000 | 126474 |
|  | Univacco Technology, <br> Inc.<br>| 30000 | 44109 |
| # | Universal Cement <br> Corp.<br>| 162832 | 163868 |
|  | Universal Microwave <br> Technology, Inc.<br>| 8000 | 114043 |
|  | Universal Vision <br> Biotechnology Co. <br> Ltd.<br>| 21798 | 101309 |
|  | UPC Technology <br> Corp.<br>| 264000 | 86847 |
|  | UPI Semiconductor <br> Corp.<br>| 21000 | 127839 |
|  | Userjoy Technology <br> Co. Ltd.<br>| 19981 | 50184 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | USI Corp. | 277000 | $93045 |
| \* | Usun Technology Co. <br> Ltd.<br>| 11000 | 16523 |
|  | Utechzone Co. Ltd. | 15000 | 42264 |
|  | UVAT Technology Co. <br> Ltd.<br>| 17000 | 32824 |
|  | Value Valves Co. Ltd. | 12000 | 32677 |
|  | Vanguard International <br> Semiconductor <br> Corp.<br>| 172133 | 538857 |
|  | Ventec International <br> Group Co. Ltd.<br>| 17000 | 49418 |
|  | VIA Labs, Inc. | 13000 | 34884 |
|  | Via Technologies, Inc. | 63000 | 107213 |
|  | Viking Tech Corp. | 26000 | 35352 |
|  | Visco Vision, Inc. | 13000 | 83892 |
| # | VisEra Technologies <br> Co. Ltd.<br>| 20000 | 166507 |
|  | Visual Photonics <br> Epitaxy Co. Ltd.<br>| 24000 | 107369 |
|  | Vizionfocus, Inc. | 13000 | 75854 |
| # | Voltronic Power <br> Technology Corp.<br>| 14000 | 548461 |
|  | VSO Electronics Co. <br> Ltd.<br>| 5251 | 24907 |
| #\* | Wafer Works Corp. | 190507 | 193155 |
|  | Waffer Technology <br> Corp.<br>| 48027 | 110084 |
|  | Wah Hong Industrial <br> Corp.<br>| 36000 | 39286 |
|  | Wah Lee Industrial <br> Corp.<br>| 64000 | 187424 |
| # | Walsin Lihwa Corp. | 519023 | 502728 |
| # | Walsin Technology <br> Corp.<br>| 107000 | 429331 |
| # | Walton Advanced <br> Engineering, Inc.<br>| 109000 | 84760 |
| # | Wan Hai Lines Ltd. | 192400 | 513351 |
| \* | We & Win <br> Development Co. <br> Ltd.<br>| 73000 | 26416 |
|  | We&Win Diversification <br> Co. Ltd.<br>| 47000 | 32778 |
|  | WEI Chih Steel <br> Industrial Co. Ltd.<br>| 49000 | 25476 |
|  | Wei Chuan Foods <br> Corp.<br>| 99000 | 48431 |
| # | Weikeng Industrial Co. <br> Ltd.<br>| 149000 | 142086 |
|  | Well Shin Technology <br> Co. Ltd.<br>| 37000 | 63171 |
|  | Welldone Co. | 19000 | 31014 |
|  | Weltrend <br> Semiconductor<br>| 54000 | 84436 |

---

764

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Wholetech System <br> Hitech Ltd.<br>| 18000 | $70689 |
| # | Win Semiconductors <br> Corp.<br>| 116000 | 403245 |
| \* | Winbond Electronics <br> Corp.<br>| 496913 | 869075 |
|  | Winmate, Inc. | 12000 | 64127 |
|  | Winstek <br> Semiconductor Co. <br> Ltd.<br>| 27000 | 83753 |
|  | WinWay Technology <br> Co. Ltd.<br>| 4000 | 339455 |
|  | Wisdom Marine Lines <br> Co. Ltd.<br>| 139000 | 284774 |
|  | Wiselink Co. Ltd. | 15882 | 95118 |
| # | Wistron Corp. | 306000 | 1482974 |
|  | WITS Corp. | 19659 | 79115 |
|  | Wiwynn Corp. | 16000 | 2256313 |
|  | WNC Corp. | 125647 | 509853 |
|  | Wonderful Hi-Tech Co. <br> Ltd.<br>| 36000 | 53434 |
|  | Wowprime Corp. | 41293 | 289172 |
|  | WPG Holdings Ltd. | 259000 | 506545 |
|  | WT Microelectronics <br> Co. Ltd.<br>| 104641 | 485119 |
|  | WUS Printed Circuit <br> Co. Ltd.<br>| 49000 | 161477 |
|  | XAC Automation Corp. | 21000 | 20460 |
| # | XinTec, Inc. | 45000 | 222712 |
|  | X-Legend <br> Entertainment Co. <br> Ltd.<br>| 7000 | 22333 |
|  | Xxentria Technology <br> Materials Corp.<br>| 59675 | 66986 |
|  | Ya Horng Electronic <br> Co. Ltd.<br>| 15000 | 27529 |
|  | Yageo Corp. | 291168 | 2343571 |
| # | Yang Ming Marine <br> Transport Corp.<br>| 471000 | 878725 |
|  | Yankey Engineering <br> Co. Ltd.<br>| 20604 | 307305 |
|  | YC INOX Co. Ltd. | 146858 | 91740 |
|  | Yea Shin International <br> Development Co. <br> Ltd.<br>| 93793 | 75419 |
|  | Yem Chio Co. Ltd. | 162180 | 69828 |
|  | Yen Sun Technology <br> Corp.<br>| 14000 | 20980 |
| \* | Yeong Guan Energy <br> Technology Group <br> Co. Ltd.<br>| 46799 | 30269 |
|  | YFC-Boneagle Electric <br> Co. Ltd.<br>| 39000 | 26485 |
|  | YFY, Inc. | 373000 | 307602 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Yi Jinn Industrial Co. <br> Ltd.<br>| 66150 | $35053 |
| \* | Yieh Phui Enterprise <br> Co. Ltd.<br>| 329892 | 158008 |
|  | Young Fast <br> Optoelectronics Co. <br> Ltd.<br>| 26000 | 46058 |
| \* | Young Optics, Inc. | 10000 | 17762 |
|  | Youngtek Electronics <br> Corp.<br>| 42000 | 80270 |
|  | Yuan High-Tech <br> Development Co. <br> Ltd.<br>| 3000 | 16456 |
|  | Yuanta Financial <br> Holding Co. Ltd.<br>| 1094692 | 1225666 |
|  | Yuanta Futures Co. <br> Ltd.<br>| 38979 | 114057 |
|  | Yuen Foong Yu <br> Consumer Products <br> Co. Ltd.<br>| 33000 | 41197 |
|  | Yulon Finance Corp. | 99023 | 309238 |
|  | Yulon Motor Co. Ltd. | 225864 | 240821 |
|  | Yung Chi Paint & <br> Varnish <br> Manufacturing Co. <br> Ltd.<br>| 6000 | 14622 |
|  | Yungshin Construction <br> & Development Co. <br> Ltd.<br>| 16000 | 39725 |
|  | YungShin Global <br> Holding Corp.<br>| 71000 | 129987 |
|  | Yusin Holding Corp. | 13286 | 29801 |
|  | Zeng Hsing Industrial <br> Co. Ltd.<br>| 18669 | 55940 |
|  | Zenitron Corp. | 61000 | 68459 |
| # | Zero One Technology <br> Co. Ltd.<br>| 45579 | 169233 |
|  | Zhen Ding Technology <br> Holding Ltd.<br>| 180000 | 950492 |
| \* | Zhong Yang <br> Technology Co. Ltd.<br>| 16000 | 21769 |
| \* | Zig Sheng Industrial <br> Co. Ltd.<br>| 124000 | 31111 |
|  | ZillTek Technology <br> Corp.<br>| 11000 | 72126 |
| \* | Zinwell Corp. | 73000 | 33498 |
|  | Zippy Technology <br> Corp.<br>| 33000 | 55484 |
|  | Zyxel Group Corp. | 86895 | 98897 |
| TOTAL TAIWAN | TOTAL TAIWAN |  | 344446155 |

---

765

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (1.6%) | THAILAND — (1.6%) | THAILAND — (1.6%) | THAILAND — (1.6%) |
|  | AAPICO Hitech PCL <br> (AH/F TB)<br>| 46400 | $17650 |
| #\* | Absolute Clean Energy <br> PCL<br>| 547400 | 22177 |
|  | Advanced Info Service <br> PCL<br>| 92600 | 864859 |
|  | Advanced Information <br> Technology PCL, <br> Class F<br>| 299050 | 44578 |
|  | AEON Thana Sinsap <br> Thailand PCL<br>| 29500 | 96250 |
|  | After You PCL | 121000 | 18636 |
|  | Airports of Thailand <br> PCL<br>| 188400 | 240343 |
|  | Allianz Ayudhya <br> Capital PCL<br>| 9200 | 9674 |
|  | Amata Corp. PCL | 319400 | 142241 |
|  | AP Thailand PCL | 738400 | 197531 |
|  | Asia Plus Group <br> Holdings PCL<br>| 492200 | 33793 |
|  | Asia Sermkij Leasing <br> PCL<br>| 51600 | 12367 |
|  | Asian Alliance <br> International PCL<br>| 211400 | 33670 |
|  | Asian Insulators PCL | 64800 | 6613 |
|  | Asian Sea Corp. PCL | 117700 | 26572 |
|  | Asset World Corp. <br> PCL<br>| 1339200 | 91116 |
| \* | Assetwise PCL | 38500 | 7442 |
|  | Aurora Design PCL | 48600 | 21643 |
|  | B Grimm Power PCL | 146900 | 73598 |
|  | Bangchak Corp. PCL | 197500 | 180184 |
|  | Bangchak Sriracha <br> PCL<br>| 280900 | 38745 |
|  | Bangkok Airways PCL | 198900 | 79966 |
|  | Bangkok Aviation Fuel <br> Services PCL<br>| 29700 | 8864 |
|  | Bangkok Bank PCL <br> (BBLF TB)<br>| 105900 | 524014 |
|  | Bangkok Chain <br> Hospital PCL<br>| 264300 | 92364 |
|  | Bangkok Commercial <br> Asset Management <br> PCL<br>| 628346 | 131169 |
|  | Bangkok Dusit Medical <br> Services PCL, <br> Class F<br>| 766800 | 448199 |
| # | Bangkok Expressway <br> & Metro PCL<br>| 969800 | 154460 |
|  | Bangkok Land PCL | 4188000 | 64760 |
|  | Bangkok Life <br> Assurance PCL, <br> NVDR<br>| 48900 | 27221 |
|  | Banpu PCL | 1657700 | 258895 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
| # | Banpu Power PCL | 193006 | $76403 |
|  | BCPG PCL | 194700 | 49676 |
|  | BEC World PCL | 300000 | 18092 |
| # | Berli Jucker PCL | 232200 | 131414 |
|  | Betagro PCL | 269900 | 133552 |
|  | BKI Holdings PCL | 19100 | 180752 |
|  | Bluebik Group PCL | 23900 | 13822 |
| \* | Bound & Beyond PCL | 54600 | 11651 |
|  | Brooker Group PCL | 1399900 | 13854 |
| \* | BTS Group Holdings <br> PCL<br>| 1817300 | 165235 |
|  | Bumrungrad Hospital <br> PCL<br>| 75600 | 402140 |
|  | Cal-Comp Electronics <br> Thailand PCL, <br> Class F<br>| 435087 | 82079 |
|  | Carabao Group PCL | 49900 | 69445 |
|  | Central Pattana PCL | 175500 | 291731 |
|  | Central Plaza Hotel <br> PCL<br>| 69300 | 69118 |
|  | Central Retail Corp. <br> PCL<br>| 279100 | 176946 |
|  | CH Karnchang PCL | 298800 | 141384 |
|  | Charoen Pokphand <br> Foods PCL<br>| 432000 | 281899 |
|  | Chularat Hospital PCL | 1200500 | 58289 |
|  | CK Power PCL | 471600 | 37337 |
|  | Com7 PCL | 162400 | 125561 |
|  | Cotto F | 288200 | 1693 |
| \* | Country Group <br> Development PCL<br>| 1753500 | 5965 |
|  | CP ALL PCL | 437600 | 622533 |
|  | CP Axtra PCL | 150882 | 91458 |
|  | Delta Electronics <br> Thailand PCL<br>| 152900 | 1026111 |
|  | Dhipaya Group <br> Holdings PCL<br>| 160200 | 108006 |
|  | Ditto Thailand PCL | 35600 | 13102 |
|  | Dohome PCL | 389656 | 46997 |
|  | Don Muang Tollway <br> PCL<br>| 212400 | 67658 |
|  | Dynasty Ceramic PCL | 928200 | 37892 |
|  | Eastern Polymer <br> Group PCL<br>| 330500 | 28619 |
|  | Eastern Water <br> Resources <br> Development & <br> Management PCL, <br> Class F<br>| 116400 | 9072 |
|  | Electricity Generating <br> PCL<br>| 24700 | 93957 |
| #\* | Energy Absolute PCL | 1708200 | 161654 |
|  | Erawan Group PCL | 642200 | 46872 |
| #\* | Forth Corp. PCL | 68100 | 14532 |

---

766

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Forth Smart Service <br> PCL<br>| 73000 | $16706 |
|  | Fortune Parts Industry <br> PCL<br>| 107900 | 5106 |
|  | Frasers Property <br> Thailand PCL<br>| 68900 | 13637 |
|  | GFPT PCL | 253700 | 80814 |
|  | Global Green <br> Chemicals PCL<br>| 48800 | 5373 |
|  | Global Power Synergy <br> PCL<br>| 68300 | 87659 |
| \* | Gulf Development <br> PCL<br>| 215115 | 294382 |
|  | Gunkul Engineering <br> PCL<br>| 1033000 | 65810 |
|  | Haad Thip PCL | 86000 | 40161 |
|  | Hana Microelectronics <br> PCL<br>| 157500 | 113004 |
|  | Heng Leasing & <br> Capital PCL<br>| 842400 | 26313 |
|  | Home Product Center <br> PCL<br>| 753600 | 152654 |
|  | Humanica PCL | 73500 | 12388 |
| # | Ichitan Group PCL | 212200 | 80719 |
|  | Index Livingmall PCL | 68700 | 30382 |
|  | Indorama Ventures <br> PCL<br>| 173100 | 102249 |
|  | IRPC PCL | 3397400 | 120829 |
|  | I-TAIL Corp. PCL | 46400 | 24682 |
| \* | Jasmine Technology <br> Solution PCL<br>| 45100 | 35567 |
|  | Jaymart Group <br> Holdings PCL<br>| 233300 | 56278 |
| # | JMT Network Services <br> PCL<br>| 219000 | 66035 |
|  | Karmarts PCL | 119400 | 30279 |
|  | Kasikornbank PCL <br> (KBANKF TB)<br>| 30400 | 175339 |
|  | KCE Electronics PCL | 211300 | 166635 |
|  | KGI Securities <br> Thailand PCL<br>| 445900 | 54057 |
| # | Khon Kaen Sugar <br> Industry PCL<br>| 673500 | 28744 |
|  | Khonburi Sugar PCL | 64800 | 10321 |
|  | Kiatnakin Phatra Bank <br> PCL<br>| 40700 | 82759 |
|  | Klinique Medical Clinic <br> PCL<br>| 14500 | 11435 |
|  | Krung Thai Bank PCL | 409400 | 345018 |
|  | Krungthai Card PCL | 152100 | 134061 |
|  | Lalin Property PCL | 77200 | 11938 |
|  | Land & Houses PCL <br> (LHF TB)<br>| 867200 | 104595 |
|  | Lanna Resources PCL | 50800 | 24194 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | LH Financial Group <br> PCL<br>| 1283700 | $30966 |
|  | Loxley PCL | 153300 | 7159 |
|  | LPN Development <br> PCL<br>| 615700 | 31228 |
|  | Major Cineplex Group <br> PCL<br>| 164600 | 36142 |
|  | MBK PCL | 134708 | 68739 |
|  | MC Group PCL | 185600 | 64287 |
|  | MCS Steel PCL | 99900 | 25334 |
| # | Mega Lifesciences <br> PCL<br>| 104600 | 95429 |
|  | Minor International <br> PCL<br>| 617100 | 438945 |
| # | MK Restaurants Group <br> PCL<br>| 84400 | 85483 |
| \* | Mono Next PCL | 616500 | 22689 |
|  | Moshi Moshi Retail <br> Corp. PLC<br>| 34900 | 36967 |
|  | Muangthai Capital <br> PCL<br>| 125500 | 157190 |
|  | Netbay PCL | 28600 | 18132 |
|  | Next Capital PCL | 147500 | 15145 |
|  | Noble Development <br> PCL<br>| 326100 | 21582 |
|  | Northeast Rubber PCL | 747300 | 96143 |
|  | NSL Foods PCL | 23300 | 18735 |
|  | Origin Property PCL | 276800 | 19346 |
|  | Osotspa PCL | 200000 | 97108 |
|  | Plan B Media PCL | 511888 | 66173 |
|  | Polyplex Thailand PCL | 90100 | 26332 |
|  | Praram 9 Hospital <br> PCL<br>| 119200 | 79995 |
|  | Precious Shipping <br> PCL<br>| 281700 | 58370 |
|  | Premier Marketing <br> PCL<br>| 69400 | 24468 |
|  | Prima Marine PCL | 269900 | 53838 |
| \* | Property Perfect PCL | 1293915 | 2801 |
|  | Pruksa Holding PCL | 327300 | 37654 |
| \* | PSG Corp. PCL | 208164 | 20086 |
|  | PTG Energy PCL | 397500 | 98345 |
|  | PTT Exploration & <br> Production PCL<br>| 219500 | 726349 |
|  | PTT Global Chemical <br> PCL<br>| 220800 | 172420 |
|  | PTT Oil & Retail <br> Business PCL<br>| 299800 | 136294 |
|  | PTT PCL | 847100 | 805577 |
|  | Quality Houses PCL | 2244400 | 91622 |
|  | R&B Food Supply <br> PCL<br>| 77500 | 8628 |
|  | Rajthanee Hospital <br> PCL<br>| 69700 | 27807 |

---

767

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
| # | Ratch Group PCL | 134100 | $115085 |
|  | Ratchaphruek Hospital <br> PCL<br>| 55300 | 8448 |
|  | Ratchthani Leasing <br> PCL<br>| 666190 | 32964 |
|  | Regional Container <br> Lines PCL<br>| 147400 | 117382 |
| # | Rojana Industrial Park <br> PCL<br>| 343900 | 47647 |
|  | S Hotels & Resorts <br> PCL<br>| 530133 | 25084 |
|  | Sabina PCL | 60000 | 28761 |
|  | Saha-Union PCL | 31400 | 27676 |
|  | Saksiam Leasing PCL | 254300 | 28312 |
|  | Samart Corp. PCL | 167000 | 30988 |
|  | Sansiri PCL | 4478700 | 193913 |
| # | Sappe PCL | 40400 | 45291 |
|  | SC Asset Corp. PCL | 963600 | 50661 |
|  | SCB X PCL | 56000 | 226875 |
|  | SCG Packaging PCL | 204200 | 114936 |
| # | SCGJWD Logistics <br> PCL<br>| 96500 | 24770 |
|  | Sermsang Power Corp. <br> Co. Ltd.<br>| 118666 | 12624 |
|  | Siam Cement PCL  | 76900 | 485158 |
| # | Siam Global House <br> PCL<br>| 244400 | 52153 |
|  | Siam Wellness Group <br> PCL<br>| 285450 | 25777 |
|  | Siamgas & <br> Petrochemicals PCL<br>| 162300 | 32124 |
|  | Sikarin PCL, Class F | 97300 | 23321 |
| \* | Singer Thailand PCL | 167600 | 30063 |
|  | SiS Distribution <br> Thailand PCL<br>| 15500 | 8868 |
| # | SISB PCL | 137700 | 50251 |
|  | Somboon Advance <br> Technology PCL<br>| 79300 | 32127 |
|  | SPCG PCL | 151400 | 38863 |
|  | Sri Trang Agro-Industry <br> PCL<br>| 269700 | 99256 |
| # | Sri Trang Gloves <br> Thailand PCL<br>| 305500 | 63301 |
| # | Srinanaporn Marketing <br> PCL<br>| 148700 | 36100 |
|  | Srisawad Capital 1969 <br> PCL, Class F<br>| 1034578 | 35515 |
|  | Srisawad Corp. PCL | 129765 | 113371 |
|  | Srivichai Vejvivat PCL | 49900 | 12577 |
|  | Star Petroleum <br> Refining PCL<br>| 537464 | 79784 |
| \* | Stecon Group PCL | 239400 | 60711 |
| \* | STP & I PCL | 430579 | 48205 |
|  | Supalai PCL | 360800 | 190805 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
| \* | Super Energy Corp. <br> PCL<br>| 8310300 | $33411 |
|  | Susco PCL | 298200 | 21949 |
|  | SVI PCL | 142800 | 27381 |
|  | Synnex Thailand PCL | 37700 | 12242 |
|  | Syntec Construction <br> PCL<br>| 243200 | 13237 |
|  | TAC Consumer PCL | 207600 | 30817 |
| # | Taokaenoi Food & <br> Marketing PCL, <br> Class F<br>| 175400 | 26471 |
|  | Thai Coconut PCL | 136700 | 30227 |
|  | Thai Life Insurance <br> PCL<br>| 175600 | 55936 |
|  | Thai Oil PCL | 172079 | 190253 |
|  | Thai Stanley Electric <br> PCL (STANLY/F TB), <br> Class F<br>| 8200 | 49071 |
|  | Thai Union Group <br> PCL<br>| 367400 | 148846 |
|  | Thai Vegetable Oil <br> PCL<br>| 142120 | 106365 |
| \* | Thaicom PCL | 142100 | 41969 |
|  | Thaifoods Group PCL | 541000 | 75959 |
|  | Thanachart Capital <br> PCL<br>| 31700 | 49998 |
| \* | Thonburi Healthcare <br> Group PCL<br>| 201600 | 50190 |
|  | Thoresen Thai <br> Agencies PCL<br>| 570200 | 77590 |
|  | TIDLOR Holdings PCL | 264134 | 171542 |
|  | Tipco Asphalt PCL <br> (TASCO/F TB)<br>| 193800 | 83310 |
|  | Tisco Financial Group <br> PCL (TISCO/F TB)<br>| 27400 | 91093 |
|  | TKS Technologies <br> PCL<br>| 84500 | 14634 |
|  | TMBThanachart Bank <br> PCL<br>| 1826374 | 104493 |
|  | TOA Paint Thailand <br> PCL<br>| 200600 | 80029 |
| # | TPI Polene PCL | 2220300 | 49439 |
|  | TPI Polene Power <br> PCL<br>| 1086788 | 69237 |
|  | TQM Alpha PCL | 40000 | 15216 |
|  | Triple i Logistics PCL | 129700 | 18612 |
| \* | True Corp. PCL | 793490 | 279752 |
|  | TTW PCL | 265400 | 74281 |
|  | Union Auction PCL | 36100 | 6364 |
|  | United Paper PCL | 93800 | 22337 |
|  | Univanich Palm Oil <br> PCL<br>| 247200 | 90975 |
|  | Vanachai Group PCL | 101000 | 6247 |
|  | VGI PCL | 3204610 | 123883 |

---

768

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | WHA Corp. PCL | 1140800 | $115015 |
|  | WHA Utilities & Power <br> PCL<br>| 272900 | 34434 |
| \* | Xspring Capital PCL | 2797300 | 41525 |
| TOTAL THAILAND | TOTAL THAILAND |  | 20493803 |
| TURKEY — (1.0%) | TURKEY — (1.0%) | TURKEY — (1.0%) | TURKEY — (1.0%) |
| \* | Adese Alisveris <br> Merkezleri Ticaret <br> AS<br>| 375530 | 32551 |
|  | Agesa Hayat ve <br> Emeklilik AS<br>| 9026 | 45040 |
| \* | Ahlatci Dogal Gaz <br> Dagitim Enerji VE <br> Yatirim AS<br>| 54473 | 37187 |
|  | Akbank TAS | 500905 | 723249 |
|  | Akcansa Cimento AS | 8691 | 27556 |
|  | Aksa Akrilik Kimya <br> Sanayii AS<br>| 325600 | 95935 |
| \* | Aksa Enerji Uretim AS | 31025 | 38331 |
| \* | Aksigorta AS | 239060 | 39716 |
| # | Alarko Holding AS | 50277 | 96278 |
|  | Albaraka Turk Katilim <br> Bankasi AS<br>| 562031 | 109783 |
| \* | Alkim Alkali Kimya AS | 46788 | 21571 |
|  | Anadolu Anonim Turk <br> Sigorta Sirketi<br>| 201628 | 111095 |
|  | Anadolu Efes Biracilik <br> Ve Malt Sanayii AS<br>| 181040 | 62497 |
|  | Anadolu Hayat <br> Emeklilik AS<br>| 17273 | 42368 |
|  | Anadolu Isuzu <br> Otomotiv Sanayi Ve <br> Ticaret AS, Class C<br>| 1125 | 1536 |
| \* | Anel Elektrik Proje <br> Taahhut ve Ticaret <br> AS<br>| 26537 | 10401 |
| #\* | Arcelik AS | 11284 | 29644 |
| \* | ARD Grup Bilisim <br> Teknolojileri AS<br>| 45902 | 31715 |
|  | Aselsan Elektronik <br> Sanayi Ve Ticaret <br> AS<br>| 75548 | 365240 |
| # | Astor Transformator <br> Enerji Turizm Insaat <br> Ve Petrol Sanayi <br> Ticaret AS<br>| 42628 | 99492 |
| \* | Aydem Yenilenebilir <br> Enerji AS<br>| 30439 | 13742 |
|  | Aygaz AS | 12246 | 57481 |
| \* | Baticim Bati Anadolu <br> Cimento Sanayii AS<br>| 429398 | 44810 |
| \* | Bera Holding AS | 245321 | 107059 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| \* | Besler Gida Ve Kimya <br> Sanayi Ve Ticaret <br> AS<br>| 82055 | $27369 |
|  | BIM Birlesik Magazalar <br> AS<br>| 24100 | 308625 |
| \* | Biotrend Cevre VE <br> Enerji Yatirimlari AS<br>| 28369 | 15765 |
| # | Bogazici Beton Sanayi <br> Ve Ticaret AS<br>| 24607 | 11833 |
| #\* | Borusan Birlesik Boru <br> Fabrikalari Sanayi ve <br> Ticaret AS<br>| 3049 | 34887 |
|  | Borusan Yatirim ve <br> Pazarlama AS<br>| 382 | 22210 |
| \* | Bosch Fren Sistemleri <br> Sanayi ve Ticaret <br> AS<br>| 6650 | 26820 |
|  | Brisa Bridgestone <br> Sabanci Sanayi ve <br> Ticaret AS<br>| 10783 | 22663 |
|  | Bursa Cimento <br> Fabrikasi AS<br>| 296334 | 45550 |
| \* | Can2 Termik AS | 1277013 | 73439 |
|  | Celebi Hava Servisi <br> AS<br>| 335 | 12408 |
|  | Cemtas Celik Makina <br> Sanayi Ve Ticaret <br> AS<br>| 73933 | 20029 |
| # | Cimsa Cimento Sanayi <br> VE Ticaret AS<br>| 53639 | 60462 |
|  | Coca-Cola Icecek AS | 102155 | 124877 |
| \* | DAP Gayrimenkul <br> Gelistirme AS<br>| 157630 | 52603 |
| \* | Dardanel Onentas <br> Gida Sanayi AS<br>| 169329 | 10515 |
| \* | Deva Holding AS | 19448 | 32729 |
|  | Dogan Sirketler Grubu <br> Holding AS<br>| 225117 | 91409 |
|  | Dogu Aras Enerji <br> Yatirimlari AS<br>| 13847 | 18574 |
|  | Dogus Otomotiv Servis <br> ve Ticaret AS<br>| 37208 | 159505 |
|  | Eczacibasi Yatirim <br> Holding Ortakligi AS<br>| 4420 | 30599 |
|  | EGE Endustri VE <br> Ticaret AS<br>| 163 | 31676 |
|  | EGE Gubre Sanayii <br> AS<br>| 12670 | 32087 |
|  | EIS Eczacibasi Ilac ve <br> Sinai ve Finansal <br> Yatirimlar Sanayi ve <br> Ticaret AS<br>| 43782 | 94125 |
| Ω | Enerjisa Enerji AS | 25463 | 49918 |

---

769

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
|  | Enerya Enerji AS | 116426 | $27030 |
| # | Enka Insaat ve Sanayi <br> AS<br>| 125992 | 232427 |
| \* | Erbosan Erciyas Boru <br> Sanayii ve Ticaret <br> AS<br>| 5739 | 26534 |
| # | Eregli Demir ve Celik <br> Fabrikalari TAS<br>| 314213 | 205141 |
|  | Escar Turizm <br> Tasimacilik Ticaret <br> AS<br>| 19337 | 9584 |
| \* | Esenboga Elektrik <br> Uretim AS<br>| 167886 | 31138 |
|  | Europap Tezol Kagit <br> Sanayi VE Ticaret <br> AS<br>| 37546 | 11873 |
| \* | Europen Endustri <br> Insaat Sanayi VE <br> Ticaret AS<br>| 339359 | 71313 |
| \* | Europower Enerji VE <br> Otomasyon <br> Teknolojileri Sanayi <br> Ticaret AS<br>| 24619 | 16751 |
|  | Ford Otomotiv Sanayi <br> AS<br>| 26550 | 62600 |
|  | GEN Ilac VE Saglik <br> Urunleri Sanayi VE <br> Ticaret AS<br>| 10441 | 47485 |
|  | Gentas Genel Metal <br> Sanayi ve Ticaret <br> AS<br>| 95598 | 20918 |
| \* | Gezinomi Seyahat <br> Turizm Ticaret AS<br>| 3084 | 20014 |
| \* | Girsim Elektrik Sanayi <br> Taahut Ve Ticaret <br> AS<br>| 37776 | 42320 |
|  | Global Yatirim Holding <br> AS<br>| 466026 | 129345 |
|  | Goltas Goller Bolgesi <br> Cimento Sanayi ve <br> Ticaret AS<br>| 3751 | 29628 |
| \* | Gozde Girisim <br> Sermayesi Yatirim <br> Ortakligi AS<br>| 64607 | 34116 |
|  | Grainturk Tarim AS | 7309 | 79895 |
| \* | GSD Holding AS | 286149 | 33018 |
| #\* | Gubre Fabrikalari TAS | 8277 | 62250 |
|  | GUR-Sel Turizm <br> Tasimacilik VE <br> Servis Ticaret AS<br>| 4205 | 34094 |
| \* | Hektas Ticaret TAS | 346845 | 29411 |
| \* | Hitit Bilgisayar <br> Hizmetleri AS<br>| 6775 | 7721 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| \* | HUN Yenilenebilir <br> Enerji Uretim AS<br>| 99573 | $8966 |
| \* | Ihlas Holding AS | 515900 | 39073 |
| \* | Indeks Bilgisayar <br> Sistemleri <br> Muhendislik Sanayi <br> ve Ticaret AS<br>| 160496 | 31924 |
| \* | Inveo Yatirim Holding <br> AS<br>| 285 | 72 |
| \* | Ipek Dogal Enerji <br> Kaynaklari Arastirma <br> Ve Uretim AS<br>| 14896 | 27567 |
| \* | Is Finansal Kiralama <br> AS<br>| 172678 | 79029 |
|  | Is Yatirim Menkul <br> Degerler AS<br>| 92488 | 96630 |
| \* | Isiklar Enerji ve Yapi <br> Holding AS<br>| 37841 | 30745 |
| \* | Izdemir Enerji Elektrik <br> Uretim AS<br>| 82863 | 18976 |
| \* | Izmir Demir Celik <br> Sanayi AS<br>| 310489 | 47137 |
|  | Kalekim Kimyevi <br> Maddeler Sanayi ve <br> Ticaret AS<br>| 45847 | 37610 |
| \* | Kardemir Karabuk <br> Demir Celik Sanayi <br> ve Ticaret AS <br> (KRDMA TI), <br> Class A<br>| 111330 | 76063 |
| #\* | Kardemir Karabuk <br> Demir Celik Sanayi <br> ve Ticaret AS <br> (KRDMD TI), <br> Class D<br>| 241821 | 157324 |
| \* | Karsan Otomotiv <br> Sanayii Ve Ticaret <br> AS<br>| 60736 | 15621 |
| \* | Katmerciler Arac Ustu <br> Ekipman Sanayi ve <br> Ticaret AS<br>| 1017930 | 75665 |
| \* | Kayseri Seker <br> Fabrikasi AS<br>| 42786 | 18435 |
|  | Kiler Holding AS | 12084 | 39082 |
|  | KOC Holding AS | 80832 | 329179 |
|  | Kocaer Celik Sanayi <br> Ve Ticaret AS<br>| 85664 | 28091 |
| \* | Konya Cimento Sanayii <br> AS<br>| 106 | 12938 |
| \* | Kordsa Teknik Tekstil <br> AS<br>| 20633 | 27436 |

---

770

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| \* | Koza Anadolu Metal <br> Madencilik <br> Isletmeleri AS<br>| 20447 | $43937 |
|  | LDR Turizm AS | 26712 | 40497 |
|  | Limak Dogu Anadolu <br> Cimento Sanayi VE <br> Ticaret AS<br>| 27636 | 18432 |
|  | Logo Yazilim Sanayi <br> Ve Ticaret AS<br>| 19489 | 77470 |
|  | Lokman Hekim <br> Engurusag Saglik <br> Turizm Egitim <br> Hizmetleri ve Insaat <br> Taahhut AS<br>| 60806 | 24292 |
| \* | Margun Enerji Uretim <br> Sanayi VE Ticaret <br> AS<br>| 105835 | 74458 |
| \* | Marmara Holding AS | 135361 | 9688 |
| #Ω | Mavi Giyim Sanayi Ve <br> Ticaret AS, Class B<br>| 133655 | 127984 |
| #\* | MIA Teknoloji AS | 42541 | 37660 |
| # | Migros Ticaret AS | 7350 | 79168 |
| \*Ω | MLP Saglik Hizmetleri <br> AS<br>| 11426 | 91305 |
| \* | Naturel Yenilenebilir <br> Enerji Ticaret AS<br>| 80865 | 17671 |
| \* | NET Holding AS | 60396 | 71493 |
|  | Nuh Cimento Sanayi <br> AS<br>| 10200 | 59139 |
| \* | ODAS Elektrik Uretim <br> ve Sanayi Ticaret <br> AS<br>| 202488 | 28375 |
| \* | Orge Enerji Elektrik <br> Taahhut AS<br>| 18555 | 30470 |
| # | Oyak Cimento <br> Fabrikalari AS<br>| 189465 | 95572 |
| \* | Oyak Yatirim Menkul <br> Degerler AS<br>| 31633 | 40792 |
| \* | Pasifik Eurasia Lojistik <br> Dis Ticaret AS<br>| 19773 | 62673 |
| #\* | Pegasus Hava <br> Tasimaciligi AS<br>| 48127 | 239960 |
| \* | Peker Gayrimenkul <br> Yatirim Ortakligi AS<br>| 40494 | 11551 |
|  | Penta Teknoloji <br> Urunleri Dagitim <br> Ticaret AS<br>| 54864 | 20073 |
| #\* | Petkim Petrokimya <br> Holding AS<br>| 211934 | 86425 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
|  | Platform Turizm <br> Tasimacilik Gida <br> Insaat Temizlik <br> Hizmetleri Sanayi <br> VE Ticaret AS<br>| 45883 | $28753 |
| \* | Polisan Holding AS | 34026 | 14177 |
| \* | Politeknik Metal Sanayi <br> ve Ticaret AS<br>| 34 | 6936 |
| \* | Ral Yatirim Holding AS | 30403 | 143295 |
| \* | Reysas Tasimacilik ve <br> Lojistik Ticaret AS<br>| 254592 | 90097 |
|  | Sarkuysan Elektrolitik <br> Bakir Sanayi ve <br> Ticaret AS<br>| 148535 | 54021 |
| #\* | Sasa Polyester Sanayi <br> AS<br>| 750739 | 54777 |
|  | SDT Uzay VE <br> Savunma <br> Teknolojileri AS<br>| 3676 | 16634 |
|  | Sekerbank Turk AS | 1008762 | 191925 |
|  | Selcuk Ecza Deposu <br> Ticaret ve Sanayi <br> AS<br>| 10411 | 19253 |
|  | Sok Marketler Ticaret <br> AS<br>| 75479 | 79331 |
|  | SUN Tekstil Sanayi Ve <br> Ticaret AS<br>| 17135 | 16297 |
|  | Suwen Tekstil Sanayi <br> Pazarlama AS<br>| 116500 | 32621 |
|  | TAB Gida Sanayi Ve <br> Ticaret AS<br>| 4560 | 25743 |
| \* | Tapdi Oksijen Ozel <br> Saglik Hizmetleri <br> Sanayi VE Ticaret <br> AS<br>| 20984 | 11551 |
| \* | TAV Havalimanlari <br> Holding AS<br>| 25019 | 157251 |
| \* | Tekfen Holding AS | 16654 | 33331 |
| # | Tofas Turk Otomobil <br> Fabrikasi AS<br>| 13883 | 87056 |
| \* | Tukas Gida Sanayi ve <br> Ticaret AS<br>| 753227 | 51222 |
| \* | Tumosan Motor ve <br> Traktor Sanayi AS<br>| 6241 | 16250 |
| #\* | Turk Altin Isletmeleri <br> AS<br>| 62876 | 40101 |
|  | Turk Hava Yollari AO | 104341 | 722525 |
| \* | Turk Telekomunikasyon <br> AS<br>| 121357 | 147120 |
|  | Turk Traktor ve Ziraat <br> Makineleri AS<br>| 2167 | 28187 |
|  | Turkcell Iletisim <br> Hizmetleri AS<br>| 233838 | 553646 |

---

771

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| # | Turkiye Garanti <br> Bankasi AS<br>| 108139 | $345387 |
|  | Turkiye Is Bankasi AS, <br> Class C<br>| 1192339 | 357885 |
|  | Turkiye Petrol <br> Rafinerileri AS<br>| 118485 | 556175 |
|  | Turkiye Sigorta AS | 231215 | 67875 |
| \* | Turkiye Sinai Kalkinma <br> Bankasi AS<br>| 572907 | 175287 |
|  | Turkiye Sise ve Cam <br> Fabrikalari AS<br>| 132030 | 115263 |
| #\* | Turkiye Vakiflar <br> Bankasi TAO, <br> Class D<br>| 811020 | 470628 |
| # | Ulker Biskuvi Sanayi <br> AS<br>| 77191 | 198054 |
| \* | Usak Seramik Sanayii <br> AS<br>| 292700 | 24170 |
| \* | Vakif Finansal <br> Kiralama AS<br>| 1095222 | 51135 |
|  | Vestel Beyaz Esya <br> Sanayi ve Ticaret <br> AS<br>| 102700 | 21475 |
| #\* | Vestel Elektronik <br> Sanayi ve Ticaret <br> AS<br>| 57765 | 45737 |
| \* | Yapi ve Kredi Bankasi <br> AS<br>| 477106 | 380610 |
| \* | Yatas Yatak ve Yorgan <br> Sanayi ve Ticaret <br> AS<br>| 50837 | 45320 |
| \* | Yayla Agro Gida <br> Sanayi VE Nakliyat <br> AS<br>| 127653 | 33362 |
| \* | YEO Teknoloji Enerji <br> VE Endustri AS<br>| 26422 | 21547 |
|  | Ziraat Gayrimenkul <br> Yatirim Ortakligi AS<br>| 65156 | 35847 |
| \* | Zorlu Enerji Elektrik <br> Uretim AS<br>| 440149 | 35032 |
| TOTAL TURKEY | TOTAL TURKEY |  | 13109097 |
| UNITED ARAB EMIRATES — (2.1%) | UNITED ARAB EMIRATES — (2.1%) | UNITED ARAB EMIRATES — (2.1%) | UNITED ARAB EMIRATES — (2.1%) |
|  | Abu Dhabi Aviation <br> Co.<br>| 14380 | 21494 |
|  | Abu Dhabi Commercial <br> Bank PJSC<br>| 296028 | 1161406 |
|  | Abu Dhabi Islamic <br> Bank PJSC<br>| 246365 | 1415645 |
|  | Abu Dhabi National <br> Hotels<br>| 2330310 | 282795 |
|  | Abu Dhabi National <br> Insurance Co. PSC<br>| 48909 | 97449 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
|  | Abu Dhabi National Oil <br> Co. for Distribution <br> PJSC<br>| 561406 | $548674 |
| \* | Abu Dhabi Ports Co. <br> PJSC<br>| 312504 | 390159 |
|  | Abu Dhabi Ship <br> Building Co. PJSC<br>| 17840 | 34944 |
|  | ADNOC Drilling Co. <br> PJSC<br>| 428859 | 651543 |
|  | ADNOC Logistics & <br> Services<br>| 256990 | 401436 |
|  | Agility Global PLC | 1256681 | 372815 |
|  | Agthia Group PJSC | 109142 | 114947 |
|  | Air Arabia PJSC | 705958 | 749084 |
|  | Ajman Bank PJSC | 559910 | 222571 |
| \* | AL Seer Marine <br> Supplies & <br> Equipment Co. LLC<br>| 83819 | 67800 |
|  | Aldar Properties PJSC | 280095 | 686265 |
|  | Alpha Dhabi Holding <br> PJSC<br>| 87067 | 237327 |
|  | Amanat Holdings <br> PJSC<br>| 499460 | 156323 |
|  | Americana Restaurants <br> International PLC - <br> Foreign Co.<br>| 683152 | 388844 |
| \* | Amlak Finance PJSC | 70087 | 33018 |
| \* | Apex Investment Co. <br> PSC<br>| 78960 | 82720 |
| \* | Bank of Sharjah | 435484 | 153027 |
|  | Burjeel Holdings PLC | 219843 | 83828 |
|  | Dana Gas PJSC | 1698978 | 383026 |
|  | Deyaar Development <br> PJSC<br>| 451753 | 126865 |
|  | Dubai Electricity & <br> Water Authority <br> PJSC<br>| 333242 | 252120 |
|  | Dubai Financial Market <br> PJSC<br>| 762271 | 319906 |
|  | Dubai Investments <br> PJSC<br>| 860366 | 778008 |
|  | Dubai Islamic Bank <br> PJSC<br>| 515907 | 1334556 |
|  | Emaar Development <br> PJSC<br>| 256384 | 1041447 |
|  | Emaar Properties <br> PJSC<br>| 733488 | 2838337 |
|  | Emirates Central <br> Cooling Systems <br> Corp.<br>| 562291 | 241852 |
|  | Emirates Driving Co. | 115541 | 99712 |

---

772

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
|  | Emirates Integrated <br> Telecommunications <br> Co. PJSC<br>| 209938 | $539865 |
|  | Emirates NBD Bank <br> PJSC<br>| 336120 | 2571950 |
|  | Emirates <br> Telecommunications <br> Group Co. PJSC<br>| 356607 | 1882807 |
| \* | EMSTEEL Building <br> Materials PJSC<br>| 359992 | 115558 |
| \* | Eshraq Investments <br> PJSC<br>| 356690 | 42018 |
|  | Fertiglobe PLC | 316799 | 215607 |
|  | First Abu Dhabi Bank <br> PJSC<br>| 284286 | 1349507 |
| \* | Ghitha Holding PJSC | 14122 | 90184 |
| \* | Gulf Navigation <br> Holding PJSC<br>| 43065 | 106918 |
| \* | Gulf Pharmaceutical <br> Industries PSC<br>| 126729 | 42378 |
| \* | Manazel PJSC | 471037 | 38456 |
| \* | Modon Holding PSC | 251630 | 250005 |
| \* | Multiply Group PJSC | 1426112 | 1158753 |
|  | National Bank of Ras <br> Al-Khaimah PSC<br>| 61337 | 129379 |
|  | National Central <br> Cooling Co. PJSC<br>| 208407 | 171310 |
| \* | National Corp. for <br> Tourism & Hotels<br>| 78396 | 39252 |
|  | NMDC Group PJSC | 38362 | 249753 |
|  | Palms Sports PrJSC | 4850 | 11083 |
|  | Parkin Co. PJSC | 178356 | 269022 |
| \* | Presight AI Holding <br> PLC<br>| 122248 | 120099 |
|  | Pure Health Holding <br> PJSC<br>| 15045 | 11514 |
| \* | RAK Properties PJSC | 474540 | 182320 |
|  | Ras Al Khaimah <br> Ceramics PJSC<br>| 244776 | 171285 |
|  | Salik Co. PJSC | 346548 | 564158 |
|  | Sharjah Islamic Bank | 476097 | 382399 |
| \* | Shuaa Capital PSC | 224476 | 13003 |
|  | Taaleem Holdings <br> PJSC<br>| 32168 | 37978 |
|  | TECOM Group PJSC | 166981 | 148180 |
| \* | Union Properties <br> PJSC<br>| 572379 | 125497 |
| TOTAL UNITED ARAB <br> EMIRATES | TOTAL UNITED ARAB <br> EMIRATES |  | 26800181 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 1232326938 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PREFERRED STOCKS — (0.8%) | PREFERRED STOCKS — (0.8%) | PREFERRED STOCKS — (0.8%) | PREFERRED STOCKS — (0.8%) |
| BRAZIL — (0.7%) | BRAZIL — (0.7%) | BRAZIL — (0.7%) | BRAZIL — (0.7%) |
|  | Alpargatas SA, <br> 1.006%<br>| 51327 | $100938 |
|  | Banco ABC Brasil SA, <br> 8.457%<br>| 30406 | 130046 |
| Ω | Banco BMG SA, <br> 7.859%<br>| 75929 | 56877 |
| \* | Banco BMG SA | 3121 | 2262 |
|  | Banco Bradesco SA, <br> 7.400%<br>| 343590 | 1159787 |
|  | Banco do Estado do <br> Rio Grande do Sul <br> SA, 9.033%<br>| 66700 | 170347 |
|  | Banco Pan SA, <br> 2.333%<br>| 92178 | 177333 |
|  | Banco Pine SA, <br> 6.844%<br>| 12548 | 21901 |
|  | Centrais Eletricas <br> Brasileiras SA, <br> 6.512%<br>| 22000 | 242861 |
|  | Centrais Eletricas de <br> Santa Catarina SA, <br> 9.478%<br>| 1300 | 25249 |
|  | Cia de Ferro Ligas da <br> Bahia FERBASA, <br> 6.359%<br>| 56800 | 82878 |
|  | Cia De Sanena Do <br> Parana, 6.586%<br>| 217148 | 275676 |
|  | Cia Energetica de <br> Minas Gerais, <br> 12.908%<br>| 218488 | 460535 |
|  | Cia Paranaense de <br> Energia - Copel <br> Class B, 4.654%<br>| 172300 | 445806 |
|  | Energisa SA, 6.170% | 75 | 131 |
|  | Eucatex SA Industria e <br> Comercio, 4.404%<br>| 11500 | 35697 |
|  | Gerdau SA, 3.379% | 38 | 134 |
|  | Isa Energia Brasil SA, <br> 10.298%<br>| 60100 | 280506 |
|  | Itau Unibanco Holding <br> SA, 6.653%<br>| 265110 | 1943501 |
|  | Klabin SA, 6.050% | 3 | 2 |
|  | Marcopolo SA, <br> 7.858%<br>| 217112 | 318407 |
|  | Petroleo Brasileiro SA - <br> Petrobras, 10.136%<br>| 455373 | 2518118 |
| \* | Raizen SA | 233826 | 41289 |
|  | Randoncorp SA, <br> 4.234%<br>| 46700 | 52516 |
|  | Schulz SA, 6.913% | 39876 | 36096 |
|  | Taurus Armas SA, <br> 3.642%<br>| 36604 | 34427 |

---

773

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
| Track & Field Co. SA, <br> 1.451%<br>| 6600 | $22217 |
| Unipar Carbocloro SA, <br> 10.425%<br>| 16668 | 219970 |
| Usinas Siderurgicas de <br> Minas Gerais SA <br> Usiminas<br>| 115553 | 121783 |
| TOTAL BRAZIL |  | 8977290 |
| CHILE — (0.0%) | CHILE — (0.0%) | CHILE — (0.0%) |
| Sociedad Quimica y <br> Minera de Chile SA <br> Class B<br>| 3458 | 168246 |
| COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) |
| Grupo Argos SA, <br> 5.588%<br>| 20261 | 63495 |
| Grupo Aval Acciones y <br> Valores SA, 3.140%<br>| 834338 | 168180 |
| Grupo de Inversiones <br> Suramericana SA, <br> 3.606%<br>| 28009 | 297190 |
| TOTAL COLOMBIA |  | 528865 |
| INDIA — (0.0%) | INDIA — (0.0%) | INDIA — (0.0%) |
| TVS Motor Co. Ltd., <br> 6.000%<br>| 126512 | 14252 |
| TOTAL PREFERRED <br> STOCKS |  | 9688653 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) |
| Banco Pine SA Rights <br> 11/17/2025<br>| 317 | 63 |
| Oncoclinicas do Brasil <br> Servicos Medicos <br> SA Rights <br> 11/07/2025<br>| 36008 | 201 |
| TOTAL BRAZIL |  | 264 |
| MALAYSIA — (0.0%) | MALAYSIA — (0.0%) | MALAYSIA — (0.0%) |
| Berjaya Food Bhd. <br> Warrants <br> 10/15/2026<br>| 76377 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) |
| \* | KBI Dongyang Steel <br> Pipe Co. Ltd. Rights <br> 12/04/2025<br>| 5319 | $1968 |
| \* | Robotis Co. Ltd. Rights <br> 11/10/2025<br>| 49 | 3910 |
| TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 5878 |
| TAIWAN — (0.0%) | TAIWAN — (0.0%) | TAIWAN — (0.0%) | TAIWAN — (0.0%) |
| \* | GlycoNex, Inc. | 527 | 26 |
| \* | National Aerospace <br> Fasteners Corp. <br> Rights 11/17/2025<br>| 750 | 305 |
| \* | Yeong Guan Energy <br> Technology Group <br> Co. Ltd. Rights <br> 11/10/2025<br>| 6327 | 391 |
| TOTAL TAIWAN | TOTAL TAIWAN |  | 722 |
| THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) |
| \* | Assetwise PCL | 3850 | 0 |
| \* | Better World Green <br> PCL Warrants <br> 03/13/2026<br>| 142950 | 353 |
| TOTAL THAILAND | TOTAL THAILAND |  | 353 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 7217 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $926,493,351) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $926,493,351) |  | 1242022808 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | **Value†** |
| SECURITIES LENDING COLLATERAL — (1.1%) | SECURITIES LENDING COLLATERAL — (1.1%) | SECURITIES LENDING COLLATERAL — (1.1%) | SECURITIES LENDING COLLATERAL — (1.1%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 1208051 | 13973521 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $940,466,872) | (Cost $940,466,872) |  | $1255996329 |

---

774

------

**Emerging Markets ex China Core Equity Portfolio**

**CONTINUED**

As of October 31, 2025, the value of Rule 144A securities amounted to $31,106,211 or 2.5% of net assets.

Summary of the Portfolio's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Brazil | &nbsp;&nbsp; $50290031 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $50290031 |
| Chile | &nbsp;&nbsp; 1531954 | &nbsp;&nbsp; $7233174 | &nbsp;&nbsp; — | &nbsp;&nbsp; 8765128 |
| Colombia | &nbsp;&nbsp; 2368762 | &nbsp;&nbsp; 228077 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2596839 |
| Czech Republic | &nbsp;&nbsp; — | &nbsp;&nbsp; 2278660 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2278660 |
| Egypt | &nbsp;&nbsp; 281469 | &nbsp;&nbsp; 119147 | &nbsp;&nbsp; — | &nbsp;&nbsp; 400616 |
| France | &nbsp;&nbsp; 327676 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 327676 |
| Greece | &nbsp;&nbsp; — | &nbsp;&nbsp; 9730557 | &nbsp;&nbsp; — | &nbsp;&nbsp; 9730557 |
| Hungary | &nbsp;&nbsp; — | &nbsp;&nbsp; 3676221 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3676221 |
| India | &nbsp;&nbsp; 13326228 | &nbsp;&nbsp; 278156716 | &nbsp;&nbsp; — | &nbsp;&nbsp; 291482944 |
| Indonesia | &nbsp;&nbsp; 357929 | &nbsp;&nbsp; 25943286 | &nbsp;&nbsp; $20233 | &nbsp;&nbsp; 26321448 |
| Kuwait | &nbsp;&nbsp; — | &nbsp;&nbsp; 13964231 | &nbsp;&nbsp; 40825 | &nbsp;&nbsp; 14005056 |
| Malaysia | &nbsp;&nbsp; — | &nbsp;&nbsp; 23619299 | &nbsp;&nbsp; 18 | &nbsp;&nbsp; 23619317 |
| Mexico | &nbsp;&nbsp; 31263106 | &nbsp;&nbsp; 36419 | &nbsp;&nbsp; — | &nbsp;&nbsp; 31299525 |
| Peru | &nbsp;&nbsp; 1181593 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1181593 |
| Philippines | &nbsp;&nbsp; 87501 | &nbsp;&nbsp; 7605238 | &nbsp;&nbsp; — | &nbsp;&nbsp; 7692739 |
| Poland | &nbsp;&nbsp; — | &nbsp;&nbsp; 21076106 | &nbsp;&nbsp; — | &nbsp;&nbsp; 21076106 |
| Qatar | &nbsp;&nbsp; — | &nbsp;&nbsp; 12401928 | &nbsp;&nbsp; — | &nbsp;&nbsp; 12401928 |
| Saudi Arabia | &nbsp;&nbsp; 45872 | &nbsp;&nbsp; 52312422 | &nbsp;&nbsp; — | &nbsp;&nbsp; 52358294 |
| South Africa | &nbsp;&nbsp; 7426479 | &nbsp;&nbsp; 44623618 | &nbsp;&nbsp; — | &nbsp;&nbsp; 52050097 |
| South Korea | &nbsp;&nbsp; 7576963 | &nbsp;&nbsp; 208300929 | &nbsp;&nbsp; 45035 | &nbsp;&nbsp; 215922927 |
| Taiwan | &nbsp;&nbsp; 844849 | &nbsp;&nbsp; 343601306 | &nbsp;&nbsp; — | &nbsp;&nbsp; 344446155 |
| Thailand | &nbsp;&nbsp; 27221 | &nbsp;&nbsp; 20466582 | &nbsp;&nbsp; — | &nbsp;&nbsp; 20493803 |
| Turkey | &nbsp;&nbsp; 9688 | &nbsp;&nbsp; 13099409 | &nbsp;&nbsp; — | &nbsp;&nbsp; 13109097 |
| United Arab Emirates | &nbsp;&nbsp; — | &nbsp;&nbsp; 26800181 | &nbsp;&nbsp; — | &nbsp;&nbsp; 26800181 |
| Preferred Stocks |  |  |  |  |
| Brazil | &nbsp;&nbsp; 8977290 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 8977290 |
| Chile | &nbsp;&nbsp; — | &nbsp;&nbsp; 168246 | &nbsp;&nbsp; — | &nbsp;&nbsp; 168246 |
| Colombia | &nbsp;&nbsp; 528865 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 528865 |
| India | &nbsp;&nbsp; — | &nbsp;&nbsp; 14252 | &nbsp;&nbsp; — | &nbsp;&nbsp; 14252 |
| Rights/Warrants |  |  |  |  |
| Brazil | &nbsp;&nbsp; — | &nbsp;&nbsp; 264 | &nbsp;&nbsp; — | &nbsp;&nbsp; 264 |
| Malaysia | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| South Korea | &nbsp;&nbsp; — | &nbsp;&nbsp; 5878 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5878 |
| Taiwan | &nbsp;&nbsp; — | &nbsp;&nbsp; 722 | &nbsp;&nbsp; — | &nbsp;&nbsp; 722 |
| Thailand | &nbsp;&nbsp; — | &nbsp;&nbsp; 353 | &nbsp;&nbsp; — | &nbsp;&nbsp; 353 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 13973521 | &nbsp;&nbsp; — | &nbsp;&nbsp; 13973521 |
| Total Investments in Securities | &nbsp;&nbsp; $126453476 | &nbsp;&nbsp; $1129436742 | &nbsp;&nbsp; $106,111˂˃ | &nbsp;&nbsp; $1255996329 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

775

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF ASSETS AND LIABILITIES**

**October 31, 2025**

**(Amounts in thousands, except share and per share amounts)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Large Cap**<br> **International**<br> **Portfolio\***<br>| **International**<br> **Core Equity 2**<br> **Portfolio\***<br>| **Global Small**<br> **Company**<br> **Portfolio**<br>| **International**<br> **Small**<br> **Company**<br> **Portfolio**<br>|
| **ASSETS:** |  |  |  |  |
| Investments in Affiliated Investment Companies at Value |  |  | $109083 | $13873348 |
| Investment Securities at Value (including $255,704, $1,886,163, $0 and $0 of <br> securities on loan, respectively)<br>| $7086680 | $36191924 |  |  |
| Temporary Cash Investments at Value & Cost |  |  |  | 135173 |
| Collateral from Securities on Loan Invested in Affiliate at Value (including cost of <br> $198,230, $1,315,396, $0 and $0, respectively)<br>| 198230 | 1315396 |  |  |
| Segregated Cash for Futures Contracts | 4280 | 21081 |  | 8134 |
| Foreign Currencies at Value | 3737 | 28730 |  |  |
| Cash  | 64063 | 384239 | 71 |  |
| Receivables: |  |  |  |  |
| Investment Securities Sold | 442 | 52734 |  |  |
| Dividends, Interest and Tax Reclaims | 36409 | 194055 |  | 439 |
| Securities Lending Income | 150 | 1556 |  |  |
| Fund Shares Sold | 2508 | 19824 | 230 | 7724 |
| Futures Variation Margin | 187 | 920 |  | 355 |
| Unrealized Gain on Foreign Currency Contracts |  | 6 |  |  |
| Prepaid Expenses and Other Assets  | 41 | 129 | 3 | 78 |
| Total Assets | 7396727 | 38210594 | 109387 | 14025251 |
| **LIABILITIES:** |  |  |  |  |
| Payables: |  |  |  |  |
| Upon Return of Securities Loaned | 198326 | 1315890 |  |  |
| Investment Securities Purchased |  | 58272 |  |  |
| Fund Shares Redeemed | 3929 | 21370 |  | 8860 |
| Due to Advisor | 854 | 6273 | 15 | 3002 |
| Unrealized Loss on Foreign Currency Contracts |  | 16 |  |  |
| Accrued Expenses and Other Liabilities | 361 | 1879 | 7 | 687 |
| Total Liabilities | 203470 | 1403700 | 22 | 12549 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |  |
| **NET ASSETS** | $7193257 | $36806894 | $109365 | $14012702 |
| **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:**  |  |  |  |  |
| Institutional Class Shares — based on shares outstanding of 214,691,122, <br> 1,883,773,440, 6,312,924 and 567,893,216, respectively, $0.01 Par Value (1)<br>| **$33.51** | **$19.54** | **$17.32** | **$24.67** |
| (1) NUMBER OF SHARES AUTHORIZED | 1500000000 | 7000000000 | 100000000 | 3000000000 |
| Investments in Affiliated Investment Companies at Cost | $— | $— | $75189 | N/A |
| Investment Securities at Cost | $3876632 | $21440803 | N/A | N/A |
| Foreign Currencies at Cost | $3749 | $28456 | $— | $— |
| **NET ASSETS CONSIST OF:** |  |  |  |  |
| Paid-In Capital | $4489010 | $23470462 | $76393 | $9776045 |
| Total Distributable Earnings (Loss) | 2704247 | 13336432 | 32972 | 4236657 |
| **NET ASSETS** | $7193257 | $36806894 | $109365 | $14012702 |

---

------

\*

See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

776

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF ASSETS AND LIABILITIES**

**October 31, 2025**

**(Amounts in thousands, except share and per share amounts)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Japanese Small**<br> **Company**<br> **Portfolio**<br>| **Asia Pacific**<br> **Small**<br> **Company**<br> **Portfolio**<br>| **United**<br> **Kingdom Small**<br> **Company**<br> **Portfolio**<br>| **Continental**<br> **Small**<br> **Company**<br> **Portfolio**<br>|
| **ASSETS:** |  |  |  |  |
| Investments in Affiliated Investment Companies at Value | $241941 | $184867 | $22867 | $115693 |
| Receivables: |  |  |  |  |
| Fund Shares Sold | 2 |  |  | 2 |
| Prepaid Expenses and Other Assets  | 10 | 8 | 8 | 9 |
| Total Assets | 241953 | 184875 | 22875 | 115704 |
| **LIABILITIES:** |  |  |  |  |
| Payables: |  |  |  |  |
| Fund Shares Redeemed | 1 |  |  | 37 |
| Due to Advisor | 51 | 39 | 5 | 25 |
| Accrued Expenses and Other Liabilities | 19 | 10 | 3 | 16 |
| Total Liabilities | 71 | 49 | 8 | 78 |
| **COMMITMENTS AND CONTINGENT LIABILITIES** <br> **(NOTE C)**<br>|  |  |  |  |
| **NET ASSETS** | $241882 | $184826 | $22867 | $115626 |
| **NET ASSET VALUE, OFFERING AND REDEMPTION** <br> **PRICE PER SHARE:** <br>|  |  |  |  |
| Institutional Class Shares — based on shares outstanding <br> of 8,685,082, 8,367,632, 787,584 and 3,110,967, <br> respectively, $0.01 Par Value (1)<br>| **$27.85** | **$22.09** | **$29.03** | **$37.17** |
| (1) NUMBER OF SHARES AUTHORIZED | 1000000000 | 1000000000 | 1000000000 | 1000000000 |
| **NET ASSETS CONSIST OF:** |  |  |  |  |
| Paid-In Capital | $168483 | $203250 | $22015 | $(11708)<br>|
| Total Distributable Earnings (Loss) | 73399 | (18424)<br>| 852 | 127334 |
| **NET ASSETS** | $241882 | $184826 | $22867 | $115626 |

---

See accompanying Notes to Financial Statements.

777

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF ASSETS AND LIABILITIES**

**October 31, 2025**

**(Amounts in thousands, except share and per share amounts)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **DFA**<br> **International**<br> **Real Estate**<br> **Securities**<br> **Portfolio\***<br>| **DFA Global**<br> **Real Estate**<br> **Securities**<br> **Portfolio\***<br>| **DFA**<br> **International**<br> **Small Cap**<br> **Value Portfolio\***<br>| **International**<br> **Vector Equity**<br> **Portfolio\***<br>|
| **ASSETS:** |  |  |  |  |
| Investments in Affiliated Investment Companies at Value |  | $1993988 |  |  |
| Investment Securities at Value (including $117,552, $192,750, $555,702 and <br> $215,524 of securities on loan, respectively)<br>| $3301431 | 4988853 | $12984175 | $3938229 |
| Collateral from Securities on Loan Invested in Affiliate at Value (including cost of <br> $64,260, $197,392, $408,189 and $147,178, respectively)<br>| 64260 | 197392 | 408189 | 147178 |
| Segregated Cash for Futures Contracts | 1256 | 3747 | 24275 | 2065 |
| Foreign Currencies at Value | 4672 |  | 14147 | 4541 |
| Cash  | 23423 | 72410 | 339411 | 37952 |
| Receivables: |  |  |  |  |
| Investment Securities Sold | 93 | 2820 | 74326 | 5617 |
| Dividends, Interest and Tax Reclaims | 19263 | 2453 | 91708 | 22238 |
| Securities Lending Income | 89 | 28 | 1085 | 245 |
| Fund Shares Sold | 217 | 2380 | 2995 | 300 |
| Futures Variation Margin | 55 | 164 | 1059 | 90 |
| Unrealized Gain on Foreign Currency Contracts |  |  | 3 |  |
| Prepaid Expenses and Other Assets  | 6 | 33 | 21 | 22 |
| Total Assets | 3414765 | 7264268 | 13941394 | 4158477 |
| **LIABILITIES:** |  |  |  |  |
| Payables: |  |  |  |  |
| Upon Return of Securities Loaned | 64419 | 197427 | 408188 | 147206 |
| Investment Securities Purchased |  |  | 29534 | 6835 |
| Fund Shares Redeemed | 663 | 6679 | 14925 | 1783 |
| Due to Advisor | 688 | 680 | 4512 | 859 |
| Unrealized Loss on Foreign Currency Contracts |  |  | 4 | 3 |
| Deferred Taxes Payable | 232 |  |  |  |
| Accrued Expenses and Other Liabilities | 148 | 339 | 781 | 239 |
| Total Liabilities | 66150 | 205125 | 457944 | 156925 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |  |
| **NET ASSETS** | $3348615 | $7059143 | $13483450 | $4001552 |
| **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:**  |  |  |  |  |
| Institutional Class Shares — based on shares outstanding of 839,619,531, <br> 650,393,873, 447,709,919 and 231,567,046, respectively, $0.01 Par Value (1)<br>| **$3.99** | **$10.85** | **$30.12** | **$17.28** |
| (1) NUMBER OF SHARES AUTHORIZED | 4000000000 | 3000000000 | 4600000000 | 1500000000 |
| Investments in Affiliated Investment Companies at Cost | $— | $2279695 | $— | $— |
| Investment Securities at Cost | $2925990 | $3869315 | $7786609 | $2231675 |
| Foreign Currencies at Cost | $4709 | $— | $14216 | $4507 |
| **NET ASSETS CONSIST OF:** |  |  |  |  |
| Paid-In Capital | $4742287 | $6661593 | $8005415 | $2408051 |
| Total Distributable Earnings (Loss) | (1393672)<br>| 397550 | 5478035 | 1593501 |
| **NET ASSETS** | $3348615 | $7059143 | $13483450 | $4001552 |

---

------

\*

See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

778

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF ASSETS AND LIABILITIES**

**October 31, 2025**

**(Amounts in thousands, except share and per share amounts)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **International**<br> **High Relative**<br> **Profitability**<br> **Portfolio\***<br>| **World ex U.S.**<br> **Value Portfolio**<br>| **World ex U.S.**<br> **Core Equity**<br> **Portfolio\***<br>| **World ex U.S.**<br> **Targeted Value**<br> **Portfolio\***<br>|
| **ASSETS:** |  |  |  |  |
| Investments in Affiliated Investment Companies at Value |  | $397001 |  |  |
| Investment Securities at Value (including $88,496, $0, $233,229 and $33,498 of <br> securities on loan, respectively)<br>| $1691777 |  | $4667207 | $800506 |
| Collateral from Securities on Loan Invested in Affiliate at Value (including cost of <br> $77,473, $0, $139,195 and $19,204, respectively)<br>| 77473 |  | 139195 | 19204 |
| Segregated Cash for Futures Contracts |  |  | 2385 | 149 |
| Foreign Currencies at Value | 355 |  | 13897 | 2653 |
| Cash  | 2960 | 185 | 34912 | 1812 |
| Receivables: |  |  |  |  |
| Investment Securities Sold |  |  | 624 | 285 |
| Dividends, Interest and Tax Reclaims | 8709 | 1 | 18133 | 3824 |
| Securities Lending Income | 44 |  | 326 | 53 |
| Fund Shares Sold | 399 | 343 | 1544 | 18 |
| Futures Variation Margin |  |  | 104 | 7 |
| Prepaid Expenses and Other Assets  | 14 | 16 | 13 | 15 |
| Total Assets | 1781731 | 397546 | 4878340 | 828526 |
| **LIABILITIES:** |  |  |  |  |
| Payables: |  |  |  |  |
| Upon Return of Securities Loaned | 77501 |  | 139257 | 19206 |
| Investment Securities Purchased |  | 11 | 1729 | 5 |
| Fund Shares Redeemed | 1498 | 220 | 2766 | 151 |
| Due to Advisor | 319 | 45 | 1000 | 275 |
| Unrealized Loss on Foreign Currency Contracts |  |  | 1 |  |
| Deferred Taxes Payable |  |  | 18781 | 2858 |
| Accrued Expenses and Other Liabilities | 104 | 15 | 348 | 99 |
| Total Liabilities | 79422 | 291 | 163882 | 22594 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |  |
| **NET ASSETS** | $1702309 | $397255 | $4714458 | $805932 |
| **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:**  |  |  |  |  |
| Institutional Class Shares — based on shares outstanding of 112,450,532, <br> 23,967,330, 286,784,801 and 43,734,258, respectively, $0.01 Par Value (1)<br>| **$15.14** | **$16.57** | **$16.44** | **$18.43** |
| (1) NUMBER OF SHARES AUTHORIZED | 500000000 | 1000000000 | 1500000000 | 1000000000 |
| Investments in Affiliated Investment Companies at Cost | $— | $259229 | $— | $— |
| Investment Securities at Cost | $1161175 | N/A | $2862071 | $529870 |
| Foreign Currencies at Cost | $357 | $— | $13900 | $2659 |
| **NET ASSETS CONSIST OF:** |  |  |  |  |
| Paid-In Capital | $1202551 | $274298 | $3063434 | $552261 |
| Total Distributable Earnings (Loss) | 499758 | 122957 | 1651024 | 253671 |
| **NET ASSETS** | $1702309 | $397255 | $4714458 | $805932 |

---

------

\*

See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

779

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF ASSETS AND LIABILITIES**

**October 31, 2025**

**(Amounts in thousands, except share and per share amounts)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **World Core**<br> **Equity**<br> **Portfolio**<br>| **Selectively**<br> **Hedged Global**<br> **Equity**<br> **Portfolio**<br>| **Emerging**<br> **Markets**<br> **Portfolio**<br>| **Emerging**<br> **Markets Small**<br> **Cap Portfolio**<br>|
| **ASSETS:** |  |  |  |  |
| Investments in Affiliated Investment Companies at Value | $1200651 | $338208 | $6366086 | $3911068 |
| Temporary Cash Investments at Value & Cost | 283 |  |  |  |
| Segregated Cash for Futures Contracts |  | 255 |  |  |
| Cash  |  | 3257 |  |  |
| Receivables: |  |  |  |  |
| Investment Securities/Affiliated Investment Companies <br> Sold<br>|  | 1115 |  |  |
| Dividends and Interest |  | 13 |  |  |
| Fund Shares Sold | 278 | 22 | 2919 | 748 |
| Futures Variation Margin |  | 11 |  |  |
| Unrealized Gain on Forward Currency Contracts |  | 998 |  |  |
| Prepaid Expenses and Other Assets  | 7 | 17 | 29 | 13 |
| Total Assets | 1201219 | 343896 | 6369034 | 3911829 |
| **LIABILITIES:** |  |  |  |  |
| Payables: |  |  |  |  |
| Fund Shares Redeemed | 92 | 1188 | 3809 | 1337 |
| Due to Advisor | 37 | 14 | 1009 | 1068 |
| Unrealized Loss on Forward Currency Contracts |  | 79 |  |  |
| Accrued Expenses and Other Liabilities | 37 | 13 | 229 | 186 |
| Total Liabilities | 166 | 1294 | 5047 | 2591 |
| **COMMITMENTS AND CONTINGENT LIABILITIES** <br> **(NOTE C)**<br>|  |  |  |  |
| **NET ASSETS** | $1201053 | $342602 | $6363987 | $3909238 |
| **NET ASSET VALUE, OFFERING AND REDEMPTION** <br> **PRICE PER SHARE:** <br>|  |  |  |  |
| Institutional Class Shares — based on shares outstanding <br> of 42,035,531, 13,603,526, 172,158,859 and <br> 143,696,836, respectively, $0.01 Par Value (1)<br>| **$28.57** | **$25.18** | **$36.97** | **$27.20** |
| (1) NUMBER OF SHARES AUTHORIZED | 1000000000 | 1000000000 | 1500000000 | 1500000000 |
| Investments in Affiliated Investment Companies at Cost | $561089 | $146795 | N/A | N/A |
| **NET ASSETS CONSIST OF:** |  |  |  |  |
| Paid-In Capital | $543370 | $145691 | $3099694 | $2697447 |
| Total Distributable Earnings (Loss) | 657683 | 196911 | 3264293 | 1211791 |
| **NET ASSETS** | $1201053 | $342602 | $6363987 | $3909238 |

---

See accompanying Notes to Financial Statements.

780

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF ASSETS AND LIABILITIES**

**October 31, 2025**

**(Amounts in thousands, except share and per share amounts)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Emerging**<br> **Markets Value**<br> **Portfolio**<br>| **Emerging**<br> **Markets Core**<br> **Equity 2**<br> **Portfolio\***<br>| **Emerging**<br> **Markets Targeted**<br> **Value Portfolio\***<br>| **Emerging**<br> **Markets ex China Core**<br> **Equity Portfolio\***<br>|
| **ASSETS:** |  |  |  |  |
| Investments in Affiliated Investment Companies at Value | $12925188 |  |  |  |
| Investment Securities at Value (including $0, $2,861,141, $10,942 and <br> $52,397 of securities on loan, respectively)<br>|  | $33391664 | $305835 | $1242023 |
| Collateral from Securities on Loan Invested in Affiliate at Value (including <br> cost of $0, $674,658, $3,024 and $13,974, respectively)<br>|  | 674658 | 3024 | 13974 |
| Segregated Cash for Futures Contracts |  | 16439 | 149 |  |
| Foreign Currencies at Value |  | 180328 | 2804 | 4116 |
| Cash  |  | 86915 | 1152 |  |
| Receivables: |  |  |  |  |
| Investment Securities/Affiliated Investment Companies Sold |  | 64726 | 757 | 2607 |
| Dividends and Interest |  | 28742 | 207 | 997 |
| Securities Lending Income |  | 6722 | 42 | 166 |
| Fund Shares Sold | 3145 | 13094 | 142 | 11 |
| Futures Variation Margin |  | 717 |  |  |
| Unrealized Gain on Foreign Currency Contracts |  | 12 | 1 |  |
| Prepaid Expenses and Other Assets  | 71 | 77 | 15 | 21 |
| Total Assets | 12928404 | 34464094 | 314128 | 1263915 |
| **LIABILITIES:** |  |  |  |  |
| Payables: |  |  |  |  |
| Upon Return of Securities Loaned |  | 674764 | 3025 | 13973 |
| Investment Securities/Affiliated Investment Companies Purchased  |  | 9 | 945 |  |
| Fund Shares Redeemed | 15714 | 32945 | 98 | 1203 |
| Due to Advisor | 2547 | 9266 | 128 | 357 |
| Line of Credit |  |  |  | 3422 |
| Unrealized Loss on Foreign Currency Contracts |  |  |  | 2 |
| Deferred Taxes Payable |  | 429985 | 4240 | 8030 |
| Accrued Expenses and Other Liabilities | 574 | 3075 | 68 | 195 |
| Total Liabilities | 18835 | 1150044 | 8504 | 27182 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |  |
| **NET ASSETS** | $12909569 | $33314050 | $305624 | $1236733 |
| **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER** <br> **SHARE:** <br>|  |  |  |  |
| Institutional Class Shares — based on shares outstanding of <br> 347,709,375, 1,144,752,062, 22,583,384 and 101,238,941, <br> respectively, $0.01 Par Value (1)<br>| **$37.13** | **$29.10** | **$13.53** | **$12.22** |
| (1) NUMBER OF SHARES AUTHORIZED | 3000000000 | 5000000000 | 500000000 | 500000000 |
| Investment Securities at Cost | N/A | $18712598 | $203678 | $926493 |
| Foreign Currencies at Cost | $— | $180910 | $2806 | $4118 |
| **NET ASSETS CONSIST OF:** |  |  |  |  |
| Paid-In Capital | $10074909 | $22226873 | $223958 | $969008 |
| Total Distributable Earnings (Loss) | 2834660 | 11087177 | 81666 | 267725 |
| **NET ASSETS** | $12909569 | $33314050 | $305624 | $1236733 |

---

------

\*

See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

781

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF OPERATIONS**

**FOR THE YEAR ENDED OCTOBER 31, 2025**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Large Cap**<br> **International**<br> **Portfolio**<br>| **International**<br> **Core Equity 2**<br> **Portfolio**<br>| **Global Small**<br> **Company**<br> **Portfolio\***<br>| **International**<br> **Small**<br> **Company**<br> **Portfolio\***<br>|
| **Investment Income** |  |  |  |  |
| Net Investment Income Allocated from Affiliated Investment Companies |  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $0, $0, $111 and $33,326, respectively) |  |  | $1157 | $408203 |
| Income from Securities Lending, Net |  |  | 81 | 12701 |
| Expenses Allocated from Affiliated Investment Companies |  |  | (60)<br>| (14504)<br>|
| Total Net Investment Income Allocated from Affiliated Investment Companies |  |  | 1178 | 406400 |
| **Fund Investment Income** |  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $16,657, $101,302, $0 and $0, respectively) | $188803 | $1022699 |  |  |
| Dividend Income from Affiliates | 6564 | 36814 | 719 |  |
| Income from Securities Lending, Net | 1779 | 16700 |  |  |
| Total Fund Investment Income | 197146 | 1076213 | 719 |  |
| **Fund Expenses** |  |  |  |  |
| Investment Management Fees | 9045 | 66652 | 353 | 31109 |
| Accounting & Transfer Agent Fees | 1074 | 5789 | 20 | 1626 |
| Custodian Fees | 362 | 1857 |  | 3 |
| Filing Fees | 60 | 230 | 21 | 162 |
| Shareholders' Reports | 116 | 527 | 4 | 987 |
| Directors'/Trustees' Fees & Expenses | 49 | 250 | 1 | 94 |
| Professional Fees | 145 | 742 | 1 | 83 |
| Previously Waived Fees Recovered by Advisor (Note C) |  |  | 4 |  |
| Other | 503 | 1376 | 11 | 155 |
| Total Fund Expenses | 11354 | 77423 | 415 | 34219 |
| Fees Waived, Expenses Reimbursed by Advisor (Note C) |  |  | 223 |  |
| Net Expenses | 11354 | 77423 | 192 | 34219 |
| **Net Investment Income (Loss)** | 185792 | 998790 | 1705 | 372181 |
| **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| Net Realized Gain (Loss) on: |  |  |  |  |
| Investment Securities Sold | 64096 | (407547)<br>|  |  |
| Affiliated Investment Companies Shares Sold | 21 | 102 | 974 |  |
| Transactions Allocated from Affiliated Investment Company |  |  | (704 )<sup>1</sup><br>| (44898)<br>|
| Futures | 9242 | 39678 | (78)<br>| 12976 |
| Foreign Currency Transactions | 274 | 4961 |  |  |
| In-Kind Redemptions | 109521 | 165584 |  |  |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| Investment Securities and Foreign Currency | 1073387 | 7108515 |  |  |
| Affiliated Investment Companies Shares | (3)<br>| (31)<br>| 3856 |  |
| Transactions Allocated from Affiliated Investment Company |  |  | 7510 | 2585142 |
| Futures | 1537 | 8596 |  | 9476 |
| Translation of Foreign Currency-Denominated Amounts | 1375 | 7032 |  |  |
| **Net Realized and Unrealized Gain (Loss)** | 1259450 | 6926890 | 11558 | 2562696 |
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $1445242 | $7925680 | $13263 | $2934877 |
| <sup>1</sup>Net of foreign capital gain taxes withheld of: | $— | $— | $37 | $— |

---

------

\*

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

782

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF OPERATIONS**

**FOR THE YEAR ENDED OCTOBER 31, 2025**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Japanese Small**<br> **Company**<br> **Portfolio\***<br>| **Asia Pacific**<br> **Small**<br> **Company**<br> **Portfolio\***<br>| **United**<br> **Kingdom Small**<br> **Company**<br> **Portfolio\***<br>| **Continental**<br> **Small**<br> **Company**<br> **Portfolio\***<br>|
| **Investment Income** |  |  |  |  |
| Net Investment Income Allocated from Affiliated Investment <br> Companies<br>|  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $701, $62, $6 and <br> $386, respectively)<br>| $6331 | $6096 | $942 | $4717 |
| Income from Securities Lending, Net | 233 | 527 | 6 | 142 |
| Expenses Allocated from Affiliated Investment Companies | (258)<br>| (192)<br>| (25)<br>| (224)<br>|
| Total Net Investment Income Allocated from Affiliated <br> Investment Companies<br>| 6306 | 6431 | 923 | 4635 |
| **Fund Expenses** |  |  |  |  |
| Investment Management Fees | 776 | 550 | 77 | 628 |
| Accounting & Transfer Agent Fees | 41 | 32 | 5 | 37 |
| Filing Fees | 20 | 19 | 19 | 22 |
| Shareholders' Reports | 9 | 6 | 5 | 8 |
| Directors'/Trustees' Fees & Expenses | 1 | 1 |  |  |
| Professional Fees | 1 | 1 |  | 1 |
| Other | 8 | 3 | 1 | 10 |
| Total Fund Expenses | 856 | 612 | 107 | 706 |
| Fees Waived, Expenses Reimbursed by Advisor (Note C) | 222 | 157 | 22 | 180 |
| Net Expenses | 634 | 455 | 85 | 526 |
| **Net Investment Income (Loss)** | 5672 | 5976 | 838 | 4109 |
| **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| Net Realized Gain (Loss) on: |  |  |  |  |
| Transactions Allocated from Affiliated Investment Company | 3733 | (9990)<br>| (10)<br>| 6279 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| Transactions Allocated from Affiliated Investment Company | 41470 | 40798 | 1900 | (6015)<br>|
| **Net Realized and Unrealized Gain (Loss)** | 45203 | 30808 | 1890 | 264 |
| **Net Increase (Decrease) in Net Assets Resulting from** <br> **Operations**<br>| $50875 | $36784 | $2728 | $4373 |

---

------

\*

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

783

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF OPERATIONS**

**FOR THE YEAR ENDED OCTOBER 31, 2025**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **DFA**<br> **International**<br> **Real Estate**<br> **Securities**<br> **Portfolio**<br>| **DFA Global**<br> **Real Estate**<br> **Securities**<br> **Portfolio**<br>| **DFA**<br> **International**<br> **Small Cap**<br> **Value Portfolio**<br>| **International**<br> **Vector Equity**<br> **Portfolio**<br>|
| **Investment Income** |  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $16,284, $0, $39,772 <br> and $12,839, respectively)<br>| $144672 | $162028 | $480946 | $115046 |
| Dividend Income from Affiliates | 2160 | 108652 | 13014 | 4407 |
| Income from Securities Lending, Net | 1413 | 327 | 8944 | 2456 |
| Total Investment Income | 148245 | 271007 | 502904 | 121909 |
| **Fund Expenses** |  |  |  |  |
| Investment Management Fees | 7763 | 13509 | 47790 | 9776 |
| Accounting & Transfer Agent Fees | 402 | 1178 | 1988 | 813 |
| Custodian Fees | 306 | 39 | 1068 | 259 |
| Filing Fees | 32 | 75 | 61 | 44 |
| Shareholders' Reports | 72 | 253 | 223 | 74 |
| Directors'/Trustees' Fees & Expenses | 24 | 55 | 92 | 28 |
| Professional Fees | 135 | 39 | 454 | 93 |
| Other | 132 | 158 | 1212 | 216 |
| Total Fund Expenses | 8866 | 15306 | 52888 | 11303 |
| Fees Waived, Expenses Reimbursed by Advisor (Note C) |  | 4707 |  |  |
| Fees Paid Indirectly (Note C) | 209 |  | 962 | 239 |
| Net Expenses | 8657 | 10599 | 51926 | 11064 |
| **Net Investment Income (Loss)** | 139588 | 260408 | 450978 | 110845 |
| **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| Net Realized Gain (Loss) on: |  |  |  |  |
| Investment Securities Sold | (132214 )<sup>1</sup><br>| (111163)<br>| 561776 | (47100)<br>|
| Affiliated Investment Companies Shares Sold | 8 | (11283)<br>| 19 | 13 |
| Futures | 2054 | 7054 | 14638 | 3191 |
| Foreign Currency Transactions | (540)<br>|  | 3723 | 296 |
| In-Kind Redemptions |  | 1686 | 391567 | 38555 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| Investment Securities and Foreign Currency | 383353 <br><sup>2</sup><br>| (179887)<br>| 2657888 | 812828 |
| Affiliated Investment Companies Shares |  | 138268 | (7)<br>| (4)<br>|
| Futures | 1243 | 2138 | 4940 | 1098 |
| Translation of Foreign Currency-Denominated Amounts | 340 |  | 2949 | 824 |
| **Net Realized and Unrealized Gain (Loss)** | 254244 | (153187)<br>| 3637493 | 809701 |
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $393832 | $107221 | $4088471 | $920546 |
| <sup>1</sup>Net of foreign capital gain taxes withheld of: | $1 | $— | $— | $— |
| <sup>2</sup>Including foreign capital gain taxes of: | $(140)<br>| $— | $— | $— |

---

See accompanying Notes to Financial Statements.

784

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF OPERATIONS**

**FOR THE YEAR ENDED OCTOBER 31, 2025**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **International**<br> **High Relative**<br> **Profitability**<br> **Portfolio**<br>| **World ex U.S.**<br> **Value Portfolio\***<br>| **World ex U.S.**<br> **Core Equity**<br> **Portfolio**<br>| **World ex U.S.**<br> **Targeted Value**<br> **Portfolio**<br>|
| **Investment Income** |  |  |  |  |
| Net Investment Income Allocated from Affiliated Investment Companies |  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $0, $1,186, $0 and $0, respectively) |  | $11417 |  |  |
| Income from Securities Lending, Net |  | 198 |  |  |
| Expenses Allocated from Affiliated Investment Companies |  | (562)<br>|  |  |
| Total Net Investment Income Allocated from Affiliated Investment Companies |  | 11053 |  |  |
| **Fund Investment Income** |  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $3,828, $0, $13,596 and $2,115, <br> respectively)<br>| $46062 |  | $127569 | $25355 |
| Dividend Income from Affiliates |  | 1194 | 3830 | 445 |
| Income from Securities Lending, Net | 534 |  | 3487 | 524 |
| Total Fund Investment Income | 46596 | 1194 | 134886 | 26324 |
| **Fund Expenses** |  |  |  |  |
| Investment Management Fees | 4039 | 1037 | 10686 | 2966 |
| Accounting & Transfer Agent Fees | 325 | 29 | 678 | 182 |
| Custodian Fees | 84 |  | 844 | 207 |
| Filing Fees | 39 | 22 | 35 | 32 |
| Shareholders' Reports | 84 | 10 | 74 | 45 |
| Directors'/Trustees' Fees & Expenses | 12 | 2 | 32 | 6 |
| Professional Fees | 57 | 5 | 189 | 102 |
| Previously Waived Fees Recovered by Advisor (Note C) | 14 |  |  |  |
| Other | 161 | 10 | 259 | 62 |
| Total Fund Expenses | 4815 | 1115 | 12797 | 3602 |
| Fees Waived, Expenses Reimbursed by Advisor (Note C) | 116 | 598 |  |  |
| Fees Paid Indirectly (Note C) | 78 |  |  |  |
| Net Expenses | 4621 | 517 | 12797 | 3602 |
| **Net Investment Income (Loss)** | 41975 | 11730 | 122089 | 22722 |
| **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| Capital Gain Distributions Received from Investment Securities |  | 193 |  |  |
| Net Realized Gain (Loss) on: |  |  |  |  |
| Investment Securities Sold | 17453 |  | (3882 )<sup>1</sup><br>| 7152 <br><sup>1</sup><br>|
| Affiliated Investment Companies Shares Sold | 1 | 325 | 12 |  |
| Transactions Allocated from Affiliated Investment Company |  | 665 <br><sup>1</sup><br>|  |  |
| Futures | 414 | 2 | 3781 | 301 |
| Foreign Currency Transactions | (30)<br>|  | (663)<br>| 29 |
| In-Kind Redemptions | 28298 |  | 5043 | 4551 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| Investment Securities and Foreign Currency | 209862 |  | 861017 <br><sup>2</sup><br>| 154336 <br><sup>2</sup><br>|
| Affiliated Investment Companies Shares |  | 7895 | (1)<br>|  |
| Transactions Allocated from Affiliated Investment Company |  | 66028 |  |  |
| Futures |  |  | 1536 | (7)<br>|
| Translation of Foreign Currency-Denominated Amounts | 418 |  | 731 | 149 |
| **Net Realized and Unrealized Gain (Loss)** | 256416 | 75108 | 867574 | 166511 |
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $298391 | $86838 | $989663 | $189233 |
| <sup>1</sup>Net of foreign capital gain taxes withheld of: | $— | $49 | $1618 | $418 |
| <sup>2</sup>Including foreign capital gain taxes of: | $— | $— | $1520 | $301 |

---

------

\*

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

785

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF OPERATIONS**

**FOR THE YEAR ENDED OCTOBER 31, 2025**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **World Core**<br> **Equity**<br> **Portfolio**<br>| **Selectively**<br> **Hedged Global**<br> **Equity**<br> **Portfolio**<br>| **Emerging**<br> **Markets**<br> **Portfolio\***<br>| **Emerging**<br> **Markets Small**<br> **Cap Portfolio\***<br>|
| **Investment Income** |  |  |  |  |
| Net Investment Income Allocated from Affiliated Investment Companies |  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $0, $0, $20,815 and $13,028, respectively) |  |  | $150360 | $100290 |
| Income from Securities Lending, Net |  |  | 4963 | 17143 |
| Expenses Allocated from Affiliated Investment Companies |  |  | (8013)<br>| (9566)<br>|
| Total Net Investment Income Allocated from Affiliated Investment Companies |  |  | 147310 | 107867 |
| **Fund Investment Income** |  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $0, $0, $0 and $0, respectively) | $8 |  |  |  |
| Dividend Income from Affiliates | 21990 | $6553 |  |  |
| Total Fund Investment Income | 21998 | 6553 |  |  |
| **Fund Expenses** |  |  |  |  |
| Investment Management Fees | 2527 | 756 | 15862 | 18985 |
| Accounting & Transfer Agent Fees | 163 | 60 | 684 | 545 |
| Custodian Fees | 2 | 2 |  |  |
| Filing Fees | 24 | 21 | 65 | 39 |
| Shareholders' Reports | 13 | 10 | 173 | 118 |
| Directors'/Trustees' Fees & Expenses | 9 | 3 | 41 | 27 |
| Professional Fees | 8 | 2 | 36 | 19 |
| Previously Waived Fees Recovered by Advisor (Note C) | 3 |  |  |  |
| Other | 26 | 11 | 81 | 62 |
| Total Fund Expenses | 2775 | 865 | 16942 | 19795 |
| Fees Waived, Expenses Reimbursed by Advisor (Note C) | 1961 | 604 | 5470 | 7302 |
| Net Expenses | 814 | 261 | 11472 | 12493 |
| **Net Investment Income (Loss)** | 21184 | 6292 | 135838 | 95374 |
| **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| Net Realized Gain (Loss) on: |  |  |  |  |
| Affiliated Investment Companies Shares Sold | 48440 | 4308 |  |  |
| Transactions Allocated from Affiliated Investment Company |  |  | 35257 <br><sup>1</sup><br>| (177643 )<sup>1</sup><br>|
| Futures |  | 497 |  |  |
| Forward Currency Contracts |  | 401 |  |  |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| Affiliated Investment Companies Shares | 139865 | 46169 |  |  |
| Transactions Allocated from Affiliated Investment Company |  |  | 1230249 <br><sup>2</sup><br>| 631393 |
| Futures |  | 100 |  |  |
| Forward Currency Contracts. |  | (328)<br>|  |  |
| **Net Realized and Unrealized Gain (Loss)** | 188305 | 51147 | 1265506 | 453750 |
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $209489 | $57439 | $1401344 | $549124 |
| <sup>1</sup>Net of foreign capital gain taxes withheld of: | $— | $— | $6179 | $11848 |
| <sup>2</sup>Including foreign capital gain taxes of: | $— | $— | $3125 | $— |

---

------

\*

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

786

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF OPERATIONS**

**FOR THE YEAR ENDED OCTOBER 31, 2025**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Emerging**<br> **Markets Value**<br> **Portfolio\***<br>| **Emerging**<br> **Markets Core**<br> **Equity 2**<br> **Portfolio**<br>| **Emerging**<br> **Markets Targeted**<br> **Value Portfolio**<br>| **Emerging**<br> **Markets ex China Core**<br> **Equity Portfolio**<br>|
| **Investment Income** |  |  |  |  |
| Net Investment Income Allocated from Affiliated Investment Companies |  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $57,510, $0, $0 and $0, <br> respectively)<br>| $414843 |  |  |  |
| Income from Securities Lending, Net | 16142 |  |  |  |
| Expenses Allocated from Affiliated Investment Companies | (17122)<br>|  |  |  |
| Total Net Investment Income Allocated from Affiliated Investment <br> Companies<br>| 413863 |  |  |  |
| **Fund Investment Income** |  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $0, $109,425, $1,085 and <br> $4,919, respectively)<br>|  | $794212 | $7878 | $30522 |
| Dividend Income from Affiliates |  | 12776 |  | 352 |
| Income from Securities Lending, Net |  | 60226 | 460 | 1495 |
| Total Fund Investment Income |  | 867214 | 8338 | 32369 |
| **Fund Expenses** |  |  |  |  |
| Investment Management Fees | 43297 | 95881 | 1421 | 3732 |
| Accounting & Transfer Agent Fees | 1072 | 4451 | 66 | 217 |
| Custodian Fees |  | 10100 | 167 | 681 |
| Filing Fees | 122 | 189 | 27 | 34 |
| Shareholders' Reports | 399 | 717 | 22 | 29 |
| Directors'/Trustees' Fees & Expenses | 85 | 220 | 2 | 9 |
| Professional Fees | 68 | 711 | 61 | 90 |
| Previously Waived Fees Recovered by Advisor (Note C) | 192 |  | 2 | 133 |
| Other | 169 | 1036 | 14 | 210 |
| Total Fund Expenses | 45404 | 113305 | 1782 | 5135 |
| Fees Waived, Expenses Reimbursed by Advisor (Note C) | 12169 |  | 197 | 271 |
| Net Expenses | 33235 | 113305 | 1585 | 4864 |
| **Net Investment Income (Loss)** | 380628 | 753909 | 6753 | 27505 |
| **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| Net Realized Gain (Loss) on: |  |  |  |  |
| Investment Securities Sold |  | 108655 <br><sup>1</sup><br>| (6022 )<sup>1</sup><br>| (959 )<sup>1</sup><br>|
| Affiliated Investment Companies Shares Sold |  | 45 |  | 2 |
| Transactions Allocated from Affiliated Investment Company | (37881 )<sup>1</sup><br>|  |  |  |
| Futures |  | 35336 | 165 | (438)<br>|
| Foreign Currency Transactions |  | (5153)<br>| (11)<br>| (326)<br>|
| In-Kind Redemptions |  | 6490 |  |  |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| Investment Securities and Foreign Currency |  | 5586066 <br><sup>2</sup><br>| 48584 <br><sup>2</sup><br>| 202237 <br><sup>2</sup><br>|
| Affiliated Investment Companies Shares |  | (3)<br>|  |  |
| Transactions Allocated from Affiliated Investment Company | 2110197 |  |  |  |
| Futures |  | 7445 | 59 |  |
| Translation of Foreign Currency-Denominated Amounts |  | 1383 | 8 | 50 |
| **Net Realized and Unrealized Gain (Loss)** | 2072316 | 5740264 | 42783 | 200566 |
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $2452944 | $6494173 | $49536 | $228071 |
| <sup>1</sup>Net of foreign capital gain taxes withheld of: | $5254 | $17252 | $332 | $2686 |
| <sup>2</sup>Including foreign capital gain taxes of: | $— | $14044 | $158 | $1634 |

---

------

\*

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

787

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Large Cap International**<br> **Portfolio** | **Large Cap International**<br> **Portfolio** | **International Core**<br> **Equity 2 Portfolio** | **International Core**<br> **Equity 2 Portfolio** | **Global Small**<br> **Company Portfolio#** | **Global Small**<br> **Company Portfolio#** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
| **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
| Operations: |  |  |  |  |  |  |
| Net Investment Income (Loss) | $185792 | $172073 | &nbsp;&nbsp; $998790 | $951485 | &nbsp;&nbsp; $1705 | $1536 |
| Capital Gain Distributions Received from Investment Securities |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; — | 688 |
| Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| Investment Securities Sold | 64096 | 10371 | &nbsp;&nbsp; (407547)<br>| 335571 | &nbsp;&nbsp; — |  |
| Affiliated Investment Companies Shares Sold | 21 | (28)<br>| &nbsp;&nbsp; 102 | (139)<br>| &nbsp;&nbsp; 974 | 297 |
| Transactions Allocated from Affiliated Investment Company |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; (704)<br>| (29)<br>|
| Futures | 9242 | 12081 | &nbsp;&nbsp; 39678 | 47369 | &nbsp;&nbsp; (78)<br>| (1)<br>|
| Foreign Currency Transactions | 274 | 1199 | &nbsp;&nbsp; 4961 | (1151)<br>| &nbsp;&nbsp; — |  |
| In-Kind Redemptions | 109521 | 59867 | &nbsp;&nbsp; 165584 | 95544 | &nbsp;&nbsp; — |  |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| Investment Securities and Foreign Currency | 1073387 | 886750 | &nbsp;&nbsp; 7108515 | 4508341 | &nbsp;&nbsp; — |  |
| Affiliated Investment Companies Shares | (3)<br>| 6 | &nbsp;&nbsp; (31)<br>| 32 | &nbsp;&nbsp; 3856 | 12935 |
| Transactions Allocated from Affiliated Investment Company |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; 7510 | 5590 |
| Futures | 1537 | 2213 | &nbsp;&nbsp; 8596 | 14209 | &nbsp;&nbsp; — |  |
| Translation of Foreign Currency-Denominated Amounts | 1375 | (150)<br>| &nbsp;&nbsp; 7032 | (970)<br>| &nbsp;&nbsp; — |  |
| Net Increase (Decrease) in Net Assets Resulting from <br> Operations<br>| 1445242 | 1144382 | &nbsp;&nbsp; 7925680 | 5950291 | &nbsp;&nbsp; 13263 | 21016 |
| Distributions: |  |  |  |  |  |  |
| Institutional Class Shares | (197534)<br>| (192000)<br>| &nbsp;&nbsp; (1084855)<br>| (1069005)<br>| &nbsp;&nbsp; (2532)<br>| (2238)<br>|
| Capital Share Transactions (1): |  |  |  |  |  |  |
| Shares Issued | 1299833 | 811090 | &nbsp;&nbsp; 4180148 | 3538936 | &nbsp;&nbsp; 44260 | 23053 |
| Shares Issued in Lieu of Cash Distributions | 177686 | 173102 | &nbsp;&nbsp; 1040307 | 1027946 | &nbsp;&nbsp; 2532 | 2237 |
| Shares Redeemed | (1472805)<br>| (1114206)<br>| &nbsp;&nbsp; (6212803)<br>| (5859104)<br>| &nbsp;&nbsp; (45659)<br>| (20166)<br>|
| Net Increase (Decrease) from Capital Share Transactions | 4714 | (130014)<br>| &nbsp;&nbsp; (992348)<br>| (1292222)<br>| &nbsp;&nbsp; 1133 | 5124 |
| Total Increase (Decrease) in Net Assets | 1252422 | 822368 | &nbsp;&nbsp; 5848477 | 3589064 | &nbsp;&nbsp; 11864 | 23902 |
| **Net Assets** |  |  |  |  |  |  |
| Beginning of Year | 5940835 | 5118467 | &nbsp;&nbsp; 30958417 | 27369353 | &nbsp;&nbsp; 97501 | 73599 |
| End of Year | $7193257 | $5940835 | &nbsp;&nbsp; $36806894 | $30958417 | &nbsp;&nbsp; $109365 | $97501 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| Shares Issued | 43466 | 29784 | &nbsp;&nbsp; 241252 | 226258 | &nbsp;&nbsp; 2739 | 1561 |
| Shares Issued in Lieu of Cash Distributions | 5814 | 6393 | &nbsp;&nbsp; 58700 | 65854 | &nbsp;&nbsp; 158 | 160 |
| Shares Redeemed  | (49141)<br>| (40892)<br>| &nbsp;&nbsp; (356787)<br>| (373733)<br>| &nbsp;&nbsp; (2778)<br>| (1357)<br>|
| Net Increase (Decrease) from Shares Issued and Redeemed | 139 | (4715)<br>| &nbsp;&nbsp; (56835)<br>| (81621)<br>| &nbsp;&nbsp; 119 | 364 |

---

------

#

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

788

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **International Small**<br> **Company Portfolio#** | **International Small**<br> **Company Portfolio#** | **Japanese Small**<br> **Company Portfolio#** | **Japanese Small**<br> **Company Portfolio#** | **Asia Pacific Small**<br> **Company Portfolio#** | **Asia Pacific Small**<br> **Company Portfolio#** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
| **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
| Operations: |  |  |  |  |  |  |
| Net Investment Income (Loss) | $372181 | $335900 | &nbsp;&nbsp; $5672 | $5094 | &nbsp;&nbsp; $5976 | $5180 |
| Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| Transactions Allocated from Affiliated <br> Investment Company<br>| (44898)<br>| 72260 | &nbsp;&nbsp; 3733 | (2201)<br>| &nbsp;&nbsp; (9990)<br>| (23788)<br>|
| Futures | 12976 | 28606 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Change in Unrealized Appreciation (Depreciation) <br> of:<br>|  |  |  |  |  |  |
| Transactions Allocated from Affiliated <br> Investment Company<br>| 2585142 | 1889906 | &nbsp;&nbsp; 41470 | 29538 | &nbsp;&nbsp; 40798 | 50229 |
| Futures | 9476 | (4091)<br>| &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Net Increase (Decrease) in Net Assets <br> Resulting from Operations<br>| 2934877 | 2322581 | &nbsp;&nbsp; 50875 | 32431 | &nbsp;&nbsp; 36784 | 31621 |
| Distributions: |  |  |  |  |  |  |
| Institutional Class Shares | (411506)<br>| (379832)<br>| &nbsp;&nbsp; (6630)<br>| (13108)<br>| &nbsp;&nbsp; (6445)<br>| (8400)<br>|
| Capital Share Transactions (1): |  |  |  |  |  |  |
| Shares Issued | 2313357 | 1955547 | &nbsp;&nbsp; 14666 | 13635 | &nbsp;&nbsp; 2599 | 3418 |
| Shares Issued in Lieu of Cash Distributions | 402660 | 371132 | &nbsp;&nbsp; 6629 | 13106 | &nbsp;&nbsp; 6445 | 8396 |
| Shares Redeemed | (3254614)<br>| (2286987)<br>| &nbsp;&nbsp; (40861)<br>| (77481)<br>| &nbsp;&nbsp; (8188)<br>| (44616)<br>|
| Net Increase (Decrease) from Capital Share <br> Transactions<br>| (538597)<br>| 39692 | &nbsp;&nbsp; (19566)<br>| (50740)<br>| &nbsp;&nbsp; 856 | (32802)<br>|
| Total Increase (Decrease) in Net Assets | 1984774 | 1982441 | &nbsp;&nbsp; 24679 | (31417)<br>| &nbsp;&nbsp; 31195 | (9581)<br>|
| **Net Assets** |  |  |  |  |  |  |
| Beginning of Year | 12027928 | 10045487 | &nbsp;&nbsp; 217203 | 248620 | &nbsp;&nbsp; 153631 | 163212 |
| End of Year | $14012702 | $12027928 | &nbsp;&nbsp; $241882 | $217203 | &nbsp;&nbsp; $184826 | $153631 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| Shares Issued | 104220 | 99517 | &nbsp;&nbsp; 584 | 613 | &nbsp;&nbsp; 142 | 191 |
| Shares Issued in Lieu of Cash Distributions | 18119 | 18765 | &nbsp;&nbsp; 292 | 613 | &nbsp;&nbsp; 374 | 507 |
| Shares Redeemed  | (151223)<br>| (115815)<br>| &nbsp;&nbsp; (1748)<br>| (3530)<br>| &nbsp;&nbsp; (456)<br>| (2658)<br>|
| Net Increase (Decrease) from Shares Issued <br> and Redeemed<br>| (28884)<br>| 2467 | &nbsp;&nbsp; (872)<br>| (2304)<br>| &nbsp;&nbsp; 60 | (1960)<br>|

---

------

#

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

789

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **United Kingdom Small**<br> **Company Portfolio#** | **United Kingdom Small**<br> **Company Portfolio#** | **Continental Small Company**<br> **Portfolio#** | **Continental Small Company**<br> **Portfolio#** | **DFA International Real**<br> **Estate Securities Portfolio** | **DFA International Real**<br> **Estate Securities Portfolio** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
| **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
| Operations: |  |  |  |  |  |  |
| Net Investment Income (Loss) | $838 | $693 | &nbsp;&nbsp; $4109 | $21994 | &nbsp;&nbsp; $139588 | $145958 |
| Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| Investment Securities Sold |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; (132214)<br>| (300498)<br>|
| Affiliated Investment Companies Shares Sold |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; 8 | (1)<br>|
| Transactions Allocated from Affiliated Investment Company | (10)<br>| 341 | &nbsp;&nbsp; 6279 | 21364 | &nbsp;&nbsp; — |  |
| Futures |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; 2054 | 6301 |
| Foreign Currency Transactions |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; (540)<br>| 419 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| Investment Securities and Foreign Currency |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; 383353 | 826517 |
| Affiliated Investment Companies Shares |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; — | 1 |
| Transactions Allocated from Affiliated Investment Company | 1900 | 4604 | &nbsp;&nbsp; (6015)<br>| 111423 | &nbsp;&nbsp; — |  |
| Futures |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; 1243 | 236 |
| Translation of Foreign Currency-Denominated Amounts |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; 340 | 416 |
| Net Increase (Decrease) in Net Assets Resulting from <br> Operations<br>| 2728 | 5638 | &nbsp;&nbsp; 4373 | 154781 | &nbsp;&nbsp; 393832 | 679349 |
| Distributions: |  |  |  |  |  |  |
| Institutional Class Shares | (915)<br>| (905)<br>| &nbsp;&nbsp; (10345)<br>| (21345)<br>| &nbsp;&nbsp; (186008)<br>| (185455)<br>|
| Capital Share Transactions (1): |  |  |  |  |  |  |
| Shares Issued | 835 | 872 | &nbsp;&nbsp; 8945 | 10526 | &nbsp;&nbsp; 209705 | 268013 |
| Shares Issued in Lieu of Cash Distributions | 915 | 905 | &nbsp;&nbsp; 10341 | 21343 | &nbsp;&nbsp; 81585 | 79570 |
| Shares Redeemed | (1679)<br>| (4225)<br>| &nbsp;&nbsp; (694562)<br>| (25451)<br>| &nbsp;&nbsp; (560980)<br>| (945039)<br>|
| Net Increase (Decrease) from Capital Share Transactions | 71 | (2448)<br>| &nbsp;&nbsp; (675276)<br>| 6418 | &nbsp;&nbsp; (269690)<br>| (597456)<br>|
| Total Increase (Decrease) in Net Assets | 1884 | 2285 | &nbsp;&nbsp; (681248)<br>| 139854 | &nbsp;&nbsp; (61866)<br>| (103562)<br>|
| **Net Assets** |  |  |  |  |  |  |
| Beginning of Year | 20983 | 18698 | &nbsp;&nbsp; 796874 | 657020 | &nbsp;&nbsp; 3410481 | 3514043 |
| End of Year | $22867 | $20983 | &nbsp;&nbsp; $115626 | $796874 | &nbsp;&nbsp; $3348615 | $3410481 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| Shares Issued | 31 | 33 | &nbsp;&nbsp; 269 | 344 | &nbsp;&nbsp; 59925 | 73477 |
| Shares Issued in Lieu of Cash Distributions | 32 | 35 | &nbsp;&nbsp; 333 | 699 | &nbsp;&nbsp; 24138 | 22799 |
| Shares Redeemed  | (61)<br>| (166)<br>| &nbsp;&nbsp; (23263)<br>| (853)<br>| &nbsp;&nbsp; (157448)<br>| (262497)<br>|
| Net Increase (Decrease) from Shares Issued and <br> Redeemed<br>| 2 | (98)<br>| &nbsp;&nbsp; (22661)<br>| 190 | &nbsp;&nbsp; (73385)<br>| (166221)<br>|

---

------

#

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

790

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **DFA Global Real Estate**<br> **Securities Portfolio** | **DFA Global Real Estate**<br> **Securities Portfolio** | **DFA International Small**<br> **Cap Value Portfolio** | **DFA International Small**<br> **Cap Value Portfolio** | **International Vector Equity**<br> **Portfolio** | **International Vector Equity**<br> **Portfolio** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
| **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
| Operations: |  |  |  |  |  |  |
| Net Investment Income (Loss) | $260408 | $281480 | &nbsp;&nbsp; $450978 | $361770 | &nbsp;&nbsp; $110845 | $105277 |
| Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| Investment Securities Sold | (111163)<br>| (107920)<br>| &nbsp;&nbsp; 561776 | 88466 | &nbsp;&nbsp; (47100)<br>| 32280 |
| Affiliated Investment Companies Shares Sold | (11283)<br>| (142227)<br>| &nbsp;&nbsp; 19 | (20)<br>| &nbsp;&nbsp; 13 | (15)<br>|
| Futures | 7054 | 11651 | &nbsp;&nbsp; 14638 | 25116 | &nbsp;&nbsp; 3191 | 6572 |
| Foreign Currency Transactions |  |  | &nbsp;&nbsp; 3723 | 2534 | &nbsp;&nbsp; 296 | 432 |
| In-Kind Redemptions | 1686 |  | &nbsp;&nbsp; 391567 | 1991 | &nbsp;&nbsp; 38555 | 32083 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| Investment Securities and Foreign Currency | (179887)<br>| 1461839 | &nbsp;&nbsp; 2657888 | 1814384 | &nbsp;&nbsp; 812828 | 487099 |
| Affiliated Investment Companies Shares | 138268 | 425075 | &nbsp;&nbsp; (7)<br>| 7 | &nbsp;&nbsp; (4)<br>| 5 |
| Futures | 2138 | (341)<br>| &nbsp;&nbsp; 4940 | 1446 | &nbsp;&nbsp; 1098 | (200)<br>|
| Translation of Foreign Currency-Denominated Amounts |  |  | &nbsp;&nbsp; 2949 | (558)<br>| &nbsp;&nbsp; 824 | (95)<br>|
| Net Increase (Decrease) in Net Assets Resulting from <br> Operations<br>| 107221 | 1929557 | &nbsp;&nbsp; 4088471 | 2295136 | &nbsp;&nbsp; 920546 | 663438 |
| Distributions: |  |  |  |  |  |  |
| Institutional Class Shares | (262006)<br>| (252366)<br>| &nbsp;&nbsp; (586640)<br>| (461294)<br>| &nbsp;&nbsp; (125913)<br>| (127525)<br>|
| Capital Share Transactions (1): |  |  |  |  |  |  |
| Shares Issued | 1050054 | 1151003 | &nbsp;&nbsp; 1307656 | 759386 | &nbsp;&nbsp; 364071 | 251790 |
| Shares Issued in Lieu of Cash Distributions | 252302 | 240943 | &nbsp;&nbsp; 499817 | 392762 | &nbsp;&nbsp; 125154 | 126606 |
| Shares Redeemed | (1684367)<br>| (2135079)<br>| &nbsp;&nbsp; (3110992)<br>| (1742549)<br>| &nbsp;&nbsp; (711490)<br>| (517260)<br>|
| Net Increase (Decrease) from Capital Share <br> Transactions<br>| (382011)<br>| (743133)<br>| &nbsp;&nbsp; (1303519)<br>| (590401)<br>| &nbsp;&nbsp; (222265)<br>| (138864)<br>|
| Total Increase (Decrease) in Net Assets | (536796)<br>| 934058 | &nbsp;&nbsp; 2198312 | 1243441 | &nbsp;&nbsp; 572368 | 397049 |
| **Net Assets** |  |  |  |  |  |  |
| Beginning of Year | 7595939 | 6661881 | &nbsp;&nbsp; 11285138 | 10041697 | &nbsp;&nbsp; 3429184 | 3032135 |
| End of Year | $7059143 | $7595939 | &nbsp;&nbsp; $13483450 | $11285138 | &nbsp;&nbsp; $4001552 | $3429184 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| Shares Issued | 99345 | 113937 | &nbsp;&nbsp; 51391 | 34306 | &nbsp;&nbsp; 23661 | 18432 |
| Shares Issued in Lieu of Cash Distributions | 24075 | 24143 | &nbsp;&nbsp; 19576 | 18136 | &nbsp;&nbsp; 8080 | 9297 |
| Shares Redeemed  | (160186)<br>| (211716)<br>| &nbsp;&nbsp; (119695)<br>| (79027)<br>| &nbsp;&nbsp; (45584)<br>| (37780)<br>|
| Net Increase (Decrease) from Shares Issued and <br> Redeemed<br>| (36766)<br>| (73636)<br>| &nbsp;&nbsp; (48728)<br>| (26585)<br>| &nbsp;&nbsp; (13843)<br>| (10051)<br>|

---

See accompanying Notes to Financial Statements.

791

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **International High Relative**<br> **Profitability Portfolio** | **International High Relative**<br> **Profitability Portfolio** | **World ex U.S. Value**<br> **Portfolio#** | **World ex U.S. Value**<br> **Portfolio#** | **World ex U.S. Core Equity**<br> **Portfolio** | **World ex U.S. Core Equity**<br> **Portfolio** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
| **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
| Operations: |  |  |  |  |  |  |
| Net Investment Income (Loss) | $41975 | $39505 | &nbsp;&nbsp; $11730 | $9944 | &nbsp;&nbsp; $122089 | $113577 |
| Capital Gain Distributions Received from Investment Securities |  |  | &nbsp;&nbsp; 193 | 27 | &nbsp;&nbsp; — |  |
| Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| Investment Securities Sold | 17453 | 27613 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; (3882)<br>| (2967)<br>|
| Affiliated Investment Companies Shares Sold | 1 | (1)<br>| &nbsp;&nbsp; 325 | 235 | &nbsp;&nbsp; 12 | (4)<br>|
| Transactions Allocated from Affiliated Investment Company |  |  | &nbsp;&nbsp; 665 | 2711 | &nbsp;&nbsp; — |  |
| Futures | 414 | 306 | &nbsp;&nbsp; 2 | (19)<br>| &nbsp;&nbsp; 3781 | 12096 |
| Foreign Currency Transactions | (30)<br>| 437 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; (663)<br>| (1551)<br>|
| In-Kind Redemptions | 28298 | 30116 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; 5043 | 14076 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| Investment Securities and Foreign Currency | 209862 | 163329 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; 861017 | 628676 |
| Affiliated Investment Companies Shares |  | 1 | &nbsp;&nbsp; 7895 | 3469 | &nbsp;&nbsp; (1)<br>| 2 |
| Transactions Allocated from Affiliated Investment Company |  |  | &nbsp;&nbsp; 66028 | 36314 | &nbsp;&nbsp; — |  |
| Futures |  | 104 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; 1536 | 391 |
| Translation of Foreign Currency-Denominated Amounts | 418 | 40 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; 731 | (133)<br>|
| Net Increase (Decrease) in Net Assets Resulting from <br> Operations<br>| 298391 | 261450 | &nbsp;&nbsp; 86838 | 52681 | &nbsp;&nbsp; 989663 | 764163 |
| Distributions: |  |  |  |  |  |  |
| Institutional Class Shares | (36000)<br>| (38501)<br>| &nbsp;&nbsp; (12515)<br>| (11909)<br>| &nbsp;&nbsp; (138223)<br>| (125828)<br>|
| Capital Share Transactions (1): |  |  |  |  |  |  |
| Shares Issued | 318628 | 292773 | &nbsp;&nbsp; 71400 | 32521 | &nbsp;&nbsp; 549285 | 902559 |
| Shares Issued in Lieu of Cash Distributions | 35122 | 37348 | &nbsp;&nbsp; 11980 | 11357 | &nbsp;&nbsp; 136094 | 125344 |
| Shares Redeemed | (442879)<br>| (497501)<br>| &nbsp;&nbsp; (43076)<br>| (43707)<br>| &nbsp;&nbsp; (888824)<br>| (943484)<br>|
| Net Increase (Decrease) from Capital Share Transactions | (89129)<br>| (167380)<br>| &nbsp;&nbsp; 40304 | 171 | &nbsp;&nbsp; (203445)<br>| 84419 |
| Total Increase (Decrease) in Net Assets | 173262 | 55569 | &nbsp;&nbsp; 114627 | 40943 | &nbsp;&nbsp; 647995 | 722754 |
| **Net Assets** |  |  |  |  |  |  |
| Beginning of Year | 1529047 | 1473478 | &nbsp;&nbsp; 282628 | 241685 | &nbsp;&nbsp; 4066463 | 3343709 |
| End of Year | $1702309 | $1529047 | &nbsp;&nbsp; $397255 | $282628 | &nbsp;&nbsp; $4714458 | $4066463 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| Shares Issued | 23594 | 22352 | &nbsp;&nbsp; 4868 | 2508 | &nbsp;&nbsp; 37572 | 69357 |
| Shares Issued in Lieu of Cash Distributions | 2476 | 2849 | &nbsp;&nbsp; 811 | 877 | &nbsp;&nbsp; 9217 | 9446 |
| Shares Redeemed  | (32073)<br>| (38280)<br>| &nbsp;&nbsp; (2990)<br>| (3419)<br>| &nbsp;&nbsp; (60460)<br>| (70512)<br>|
| Net Increase (Decrease) from Shares Issued and Redeemed | (6003)<br>| (13079)<br>| &nbsp;&nbsp; 2689 | (34)<br>| &nbsp;&nbsp; (13671)<br>| 8291 |

---

------

#

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

792

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **World ex U.S. Targeted**<br> **Value Portfolio** | **World ex U.S. Targeted**<br> **Value Portfolio** | **World Core Equity**<br> **Portfolio** | **World Core Equity**<br> **Portfolio** | **Selectively Hedged**<br> **Global Equity Portfolio** | **Selectively Hedged**<br> **Global Equity Portfolio** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
| **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
| Operations: |  |  |  |  |  |  |
| Net Investment Income (Loss) | $22722 | $20435 | &nbsp;&nbsp; $21184 | $22669 | &nbsp;&nbsp; $6292 | $6127 |
| Capital Gain Distributions Received from Investment Securities |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; — | 643 |
| Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| Investment Securities Sold | 7152 | 4088 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Affiliated Investment Companies Shares Sold |  | (1)<br>| &nbsp;&nbsp; 48440 | 21126 | &nbsp;&nbsp; 4308 | 11043 |
| Futures | 301 | 150 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; 497 | 644 |
| Foreign Currency Transactions | 29 | (48)<br>| &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Forward Currency Contracts |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; 401 | (1039)<br>|
| In-Kind Redemptions | 4551 |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| Investment Securities and Foreign Currency | 154336 | 118261 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Affiliated Investment Companies Shares |  |  | &nbsp;&nbsp; 139865 | 244993 | &nbsp;&nbsp; 46169 | 55205 |
| Futures | (7)<br>|  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; 100 | 259 |
| Translation of Foreign Currency-Denominated Amounts | 149 | (21)<br>| &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Forward Currency Contracts |  |  | &nbsp;&nbsp; — |  | &nbsp;&nbsp; (328)<br>| 799 |
| Net Increase (Decrease) in Net Assets Resulting from <br> Operations<br>| 189233 | 142864 | &nbsp;&nbsp; 209489 | 288788 | &nbsp;&nbsp; 57439 | 73681 |
| Distributions: |  |  |  |  |  |  |
| Institutional Class Shares | (23776)<br>| (20450)<br>| &nbsp;&nbsp; (36225)<br>| (33899)<br>| &nbsp;&nbsp; (16315)<br>| (16496)<br>|
| Capital Share Transactions (1): |  |  |  |  |  |  |
| Shares Issued | 34987 | 31403 | &nbsp;&nbsp; 123347 | 71635 | &nbsp;&nbsp; 51438 | 26981 |
| Shares Issued in Lieu of Cash Distributions | 23706 | 20403 | &nbsp;&nbsp; 30692 | 28906 | &nbsp;&nbsp; 16211 | 16391 |
| Shares Redeemed | (130320)<br>| (99372)<br>| &nbsp;&nbsp; (255373)<br>| (184039)<br>| &nbsp;&nbsp; (64806)<br>| (57252)<br>|
| Net Increase (Decrease) from Capital Share Transactions | (71627)<br>| (47566)<br>| &nbsp;&nbsp; (101334)<br>| (83498)<br>| &nbsp;&nbsp; 2843 | (13880)<br>|
| Total Increase (Decrease) in Net Assets | 93830 | 74848 | &nbsp;&nbsp; 71930 | 171391 | &nbsp;&nbsp; 43967 | 43305 |
| **Net Assets** |  |  |  |  |  |  |
| Beginning of Year | 712102 | 637254 | &nbsp;&nbsp; 1129123 | 957732 | &nbsp;&nbsp; 298635 | 255330 |
| End of Year | $805932 | $712102 | &nbsp;&nbsp; $1201053 | $1129123 | &nbsp;&nbsp; $342602 | $298635 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| Shares Issued | 2195 | 2218 | &nbsp;&nbsp; 4795 | 3106 | &nbsp;&nbsp; 2283 | 1283 |
| Shares Issued in Lieu of Cash Distributions | 1422 | 1412 | &nbsp;&nbsp; 1203 | 1294 | &nbsp;&nbsp; 744 | 871 |
| Shares Redeemed  | (8001)<br>| (6931)<br>| &nbsp;&nbsp; (9939)<br>| (7923)<br>| &nbsp;&nbsp; (2902)<br>| (2781)<br>|
| Net Increase (Decrease) from Shares Issued and Redeemed | (4384)<br>| (3301)<br>| &nbsp;&nbsp; (3941)<br>| (3523)<br>| &nbsp;&nbsp; 125 | (627)<br>|

---

See accompanying Notes to Financial Statements.

793

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Emerging Markets**<br> **Portfolio#** | **Emerging Markets**<br> **Portfolio#** | **Emerging Markets**<br> **Small Cap Portfolio#** | **Emerging Markets**<br> **Small Cap Portfolio#** | **Emerging Markets Value**<br> **Portfolio#** | **Emerging Markets Value**<br> **Portfolio#** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
| **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
| Operations: |  |  |  |  |  |  |
| Net Investment Income (Loss) | $135838 | $126686 | &nbsp;&nbsp; $95374 | $96158 | &nbsp;&nbsp; $380628 | $362016 |
| Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| Transactions Allocated from Affiliated <br> Investment Company<br>| 35257 | (123337)<br>| &nbsp;&nbsp; (177643)<br>| (41750)<br>| &nbsp;&nbsp; (37881)<br>| 201683 |
| Change in Unrealized Appreciation <br> (Depreciation) of:<br>|  |  |  |  |  |  |
| Transactions Allocated from Affiliated <br> Investment Company<br>| 1230249 | 1009914 | &nbsp;&nbsp; 631393 | 688635 | &nbsp;&nbsp; 2110197 | 1646744 |
| Net Increase (Decrease) in Net <br> Assets Resulting from Operations<br>| 1401344 | 1013263 | &nbsp;&nbsp; 549124 | 743043 | &nbsp;&nbsp; 2452944 | 2210443 |
| Distributions: |  |  |  |  |  |  |
| Institutional Class Shares | (163877)<br>| (166182)<br>| &nbsp;&nbsp; (119966)<br>| (129086)<br>| &nbsp;&nbsp; (487702)<br>| (498903)<br>|
| Capital Share Transactions (1): |  |  |  |  |  |  |
| Shares Issued | 852850 | 779831 | &nbsp;&nbsp; 245642 | 316686 | &nbsp;&nbsp; 1383177 | 1107678 |
| Shares Issued in Lieu of Cash <br> Distributions<br>| 157339 | 159937 | &nbsp;&nbsp; 110296 | 119113 | &nbsp;&nbsp; 468293 | 473233 |
| Shares Redeemed | (1176759)<br>| (820824)<br>| &nbsp;&nbsp; (691828)<br>| (1037905)<br>| &nbsp;&nbsp; (1919284)<br>| (2217144)<br>|
| Net Increase (Decrease) from <br> Capital Share Transactions<br>| (166570)<br>| 118944 | &nbsp;&nbsp; (335890)<br>| (602106)<br>| &nbsp;&nbsp; (67814)<br>| (636233)<br>|
| Total Increase (Decrease) in Net <br> Assets<br>| 1070897 | 966025 | &nbsp;&nbsp; 93268 | 11851 | &nbsp;&nbsp; 1897428 | 1075307 |
| **Net Assets** |  |  |  |  |  |  |
| Beginning of Year | 5293090 | 4327065 | &nbsp;&nbsp; 3815970 | 3804119 | &nbsp;&nbsp; 11012141 | 9936834 |
| End of Year | $6363987 | $5293090 | &nbsp;&nbsp; $3909238 | $3815970 | &nbsp;&nbsp; $12909569 | $11012141 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| Shares Issued | 27429 | 27460 | &nbsp;&nbsp; 9998 | 13700 | &nbsp;&nbsp; 43448 | 36093 |
| Shares Issued in Lieu of Cash <br> Distributions<br>| 4900 | 5561 | &nbsp;&nbsp; 4358 | 5080 | &nbsp;&nbsp; 14142 | 15492 |
| Shares Redeemed  | (37891)<br>| (28788)<br>| &nbsp;&nbsp; (28811)<br>| (44508)<br>| &nbsp;&nbsp; (59317)<br>| (73010)<br>|
| Net Increase (Decrease) from <br> Shares Issued and Redeemed<br>| (5562)<br>| 4233 | &nbsp;&nbsp; (14455)<br>| (25728)<br>| &nbsp;&nbsp; (1727)<br>| (21425)<br>|

---

------

#

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.

794

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Emerging Markets Core**<br> **Equity 2 Portfolio** | **Emerging Markets Core**<br> **Equity 2 Portfolio** | **Emerging Markets Targeted**<br> **Value Portfolio** | **Emerging Markets Targeted**<br> **Value Portfolio** | **Emerging Markets ex China Core**<br> **Equity Portfolio** | **Emerging Markets ex China Core**<br> **Equity Portfolio** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
| **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
| Operations: |  |  |  |  |  |  |
| Net Investment Income (Loss) | $753909 | $714882 | &nbsp;&nbsp; $6753 | $5790 | &nbsp;&nbsp; $27505 | $19384 |
| Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| Investment Securities Sold | 108655 | (248182)<br>| &nbsp;&nbsp; (6022)<br>| (4239)<br>| &nbsp;&nbsp; (959)<br>| 1277 |
| Affiliated Investment Companies Shares Sold | 45 | (40)<br>| &nbsp;&nbsp; — |  | &nbsp;&nbsp; 2 | (1)<br>|
| Futures | 35336 | 45277 | &nbsp;&nbsp; 165 | 421 | &nbsp;&nbsp; (438)<br>| 928 |
| Foreign Currency Transactions | (5153)<br>| (5074)<br>| &nbsp;&nbsp; (11)<br>| (136)<br>| &nbsp;&nbsp; (326)<br>| (163)<br>|
| In-Kind Redemptions | 6490 | 18232 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |  |  |
| Investment Securities and Foreign Currency | 5586066 | 4935739 | &nbsp;&nbsp; 48584 | 45069 | &nbsp;&nbsp; 202237 | 129583 |
| Affiliated Investment Companies Shares | (3)<br>| 7 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Futures | 7445 | 8979 | &nbsp;&nbsp; 59 | 118 | &nbsp;&nbsp; — |  |
| Translation of Foreign Currency-Denominated <br> Amounts<br>| 1383 | (760)<br>| &nbsp;&nbsp; 8 | (5)<br>| &nbsp;&nbsp; 50 | (36)<br>|
| Net Increase (Decrease) in Net Assets <br> Resulting from Operations<br>| 6494173 | 5469060 | &nbsp;&nbsp; 49536 | 47018 | &nbsp;&nbsp; 228071 | 150972 |
| Distributions: |  |  |  |  |  |  |
| Institutional Class Shares | (1008598)<br>| (885010)<br>| &nbsp;&nbsp; (11365)<br>| (12223)<br>| &nbsp;&nbsp; (32735)<br>| (21125)<br>|
| Capital Share Transactions (1): |  |  |  |  |  |  |
| Shares Issued | 4194288 | 4452858 | &nbsp;&nbsp; 42214 | 47908 | &nbsp;&nbsp; 609966 | 394316 |
| Shares Issued in Lieu of Cash Distributions | 966719 | 845877 | &nbsp;&nbsp; 11199 | 11989 | &nbsp;&nbsp; 31580 | 19016 |
| Shares Redeemed | (5619856)<br>| (4590388)<br>| &nbsp;&nbsp; (50442)<br>| (49388)<br>| &nbsp;&nbsp; (501108)<br>| (213310)<br>|
| Net Increase (Decrease) from Capital Share <br> Transactions<br>| (458849)<br>| 708347 | &nbsp;&nbsp; 2971 | 10509 | &nbsp;&nbsp; 140438 | 200022 |
| Total Increase (Decrease) in Net Assets | 5026726 | 5292397 | &nbsp;&nbsp; 41142 | 45304 | &nbsp;&nbsp; 335774 | 329869 |
| **Net Assets** |  |  |  |  |  |  |
| Beginning of Year | 28287324 | 22994927 | &nbsp;&nbsp; 264482 | 219178 | &nbsp;&nbsp; 900959 | 571090 |
| End of Year | $33314050 | $28287324 | &nbsp;&nbsp; $305624 | $264482 | &nbsp;&nbsp; $1236733 | $900959 |
| **(1) Shares Issued and Redeemed:** |  |  |  |  |  |  |
| Shares Issued | 167775 | 193222 | &nbsp;&nbsp; 3625 | 4238 | &nbsp;&nbsp; 59039 | 38654 |
| Shares Issued in Lieu of Cash Distributions | 37619 | 36400 | &nbsp;&nbsp; 988 | 1134 | &nbsp;&nbsp; 2895 | 1835 |
| Shares Redeemed  | (224304)<br>| (197437)<br>| &nbsp;&nbsp; (4317)<br>| (4435)<br>| &nbsp;&nbsp; (47103)<br>| (20366)<br>|
| Net Increase (Decrease) from Shares Issued <br> and Redeemed<br>| (18910)<br>| 32185 | &nbsp;&nbsp; 296 | 937 | &nbsp;&nbsp; 14831 | 20123 |

---

------

ƱThePortfolio commenced operations on November 15, 2021.

See accompanying Notes to Financial Statements.

795

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Large Cap International Portfolio** | **Large Cap International Portfolio** | **Large Cap International Portfolio** | **Large Cap International Portfolio** | **Large Cap International Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $27.69 | $23.34 | $21.06 | $27.63 | $20.90 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.86 | 0.79 | 0.76 | 0.78 | 0.70 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 5.88 | 4.45 | 2.22 | (6.54) | 6.70 |
| Total from Investment Operations  | 6.74 | 5.24 | 2.98 | (5.76) | 7.40 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.92) | (0.89) | (0.70) | (0.81) | (0.67) |
| Total Distributions  | (0.92) | (0.89) | (0.70) | (0.81) | (0.67) |
| Net Asset Value, End of Year | $33.51 | $27.69 | $23.34 | $21.06 | $27.63 |
| Total Return  | 24.71% | 22.59% | 14.00% | (21.12%) | 35.55% |
| Net Assets, End of Year (thousands)  | $7193257 | $5940835 | $5118467 | $4820678 | $6032181 |
| Ratio of Expenses to Average Net Assets  | 0.18% | 0.17% | 0.17% | 0.17% | 0.19% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, <br> Expenses Reimbursed by Advisor and Fees Paid Indirectly) <br>| 0.18% | 0.17% | 0.17% | 0.17% | 0.19% |
| Ratio of Net Investment Income to Average Net Assets  | 2.88% | 2.92% | 3.12% | 3.17% | 2.65% |
| Portfolio Turnover Rate  | 8% | 11% | 8% | 9% | 14% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

796

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **International Core Equity 2 Portfolio** | **International Core Equity 2 Portfolio** | **International Core Equity 2 Portfolio** | **International Core Equity 2 Portfolio** | **International Core Equity 2 Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $15.95 | $13.53 | $12.22 | $16.35 | $12.08 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.52 | 0.48 | 0.46 | 0.47 | 0.40 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 3.64 | 2.48 | 1.25 | (4.07) | 4.24 |
| Total from Investment Operations  | 4.16 | 2.96 | 1.71 | (3.60) | 4.64 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.57) | (0.54) | (0.40) | (0.53) | (0.37) |
| Total Distributions  | (0.57) | (0.54) | (0.40) | (0.53) | (0.37) |
| Net Asset Value, End of Year | $19.54 | $15.95 | $13.53 | $12.22 | $16.35 |
| Total Return  | 26.48% | 22.01% | 13.84% | (22.29%) | 38.56% |
| Net Assets, End of Year (thousands)  | $36806894 | $30958417 | $27369353 | $26208206 | $34629583 |
| Ratio of Expenses to Average Net Assets  | 0.23% | 0.23% | 0.23% | 0.24% | 0.25% |
| Ratio of Expenses to Average Net Assets (Excluding Fees <br> Waived, Expenses Reimbursed by Advisor and Fees Paid <br> Indirectly) <br>| 0.23% | 0.23% | 0.23% | 0.24% | 0.25% |
| Ratio of Net Investment Income to Average Net Assets  | 3.00% | 3.05% | 3.21% | 3.27% | 2.56% |
| Portfolio Turnover Rate  | 8% | 12% | 9% | 11% | 8% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

797

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Global Small Company Portfolio** | **Global Small Company Portfolio** | **Global Small Company Portfolio** | **Global Small Company Portfolio** | **Global Small Company Portfolio** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $15.74 | $12.62 | $12.52 | $15.52 | $10.50 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.27 | 0.25 | 0.24 | 0.23 | 0.22 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 1.72 | 3.24 | 0.02 | (2.68) | 4.97 |
| Total from Investment Operations  | 1.99 | 3.49 | 0.26 | (2.45) | 5.19 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.29) | (0.26) | (0.16) | (0.25) | (0.17) |
| Net Realized Gains  | (0.12) | (0.11) |  | (0.30) |  |
| Total Distributions  | (0.41) | (0.37) | (0.16) | (0.55) | (0.17) |
| Net Asset Value, End of Year | $17.32 | $15.74 | $12.62 | $12.52 | $15.52 |
| Total Return  | 12.88% | 28.04% | 2.05% | (16.32%) | 49.81% |
| Net Assets, End of Year (thousands)  | $109365 | $97501 | $73599 | $82920 | $99631 |
| Ratio of Expenses to Average Net Assets \*(B) | 0.42% | 0.42% | 0.42% | 0.44% | 0.47% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) <br> \*(B)<br>| 0.64% | 0.65% | 0.64% | 0.66% | 0.71% |
| Ratio of Net Investment Income to Average Net Assets  | 1.69% | 1.69% | 1.81% | 1.66% | 1.49% |
| Portfolio Turnover Rate \*\* | 8% | 14% | 18% | 13% | 14% |
| \* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred <br> by the Portfolio indirectly as a result of Portfolio's investment in Underlying Funds as follows:<br>| 0.22% | 0.22% | 0.22% | 0.22% | 0.24% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

798

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **International Small Company Portfolio** | **International Small Company Portfolio** | **International Small Company Portfolio** | **International Small Company Portfolio** | **International Small Company Portfolio** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $20.15 | $16.90 | $15.93 | $23.29 | $16.84 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.65 | 0.56 | 0.52 | 0.54 | 0.41 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 4.60 | 3.32 | 1.19 | (6.44) | 6.42 |
| Total from Investment Operations  | 5.25 | 3.88 | 1.71 | (5.90) | 6.83 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.73) | (0.63) | (0.53) | (0.67) | (0.38) |
| Net Realized Gains  |  |  | (0.21) | (0.79) |  |
| Total Distributions  | (0.73) | (0.63) | (0.74) | (1.46) | (0.38) |
| Net Asset Value, End of Year | $24.67 | $20.15 | $16.90 | $15.93 | $23.29 |
| Total Return  | 26.50% | 23.07% | 10.58% | (26.55%) | 40.83% |
| Net Assets, End of Year (thousands)  | $14012702 | $12027928 | $10045487 | $9320095 | $13465853 |
| Ratio of Expenses to Average Net Assets \*(B) | 0.39% | 0.39% | 0.39% | 0.41% | 0.46% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) <br> \*(B)<br>| 0.39% | 0.39% | 0.39% | 0.41% | 0.46% |
| Ratio of Net Investment Income to Average Net Assets  | 2.99% | 2.82% | 2.89% | 2.79% | 1.90% |
| Portfolio Turnover Rate \*\* | 14% | 17% | 12% | 13% | 16% |
| \* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred <br> by the Portfolio indirectly as a result of Portfolio's investment in Underlying Funds as follows:<br>| 0.12% | 0.12% | 0.12% | 0.12% | 0.12% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

799

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Japanese Small Company Portfolio** | **Japanese Small Company Portfolio** | **Japanese Small Company Portfolio** | **Japanese Small Company Portfolio** | **Japanese Small Company Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $22.73 | $20.96 | $18.69 | $25.80 | $23.39 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.62 | 0.52 | 0.49 | 0.48 | 0.44 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 5.20 | 2.67 | 2.87 | (6.33) | 2.51 |
| Total from Investment Operations  | 5.82 | 3.19 | 3.36 | (5.85) | 2.95 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.70) | (1.03) | (0.26) | (0.53) | (0.54) |
| Net Realized Gains  |  | (0.39) | (0.83) | (0.73) |  |
| Total Distributions  | (0.70) | (1.42) | (1.09) | (1.26) | (0.54) |
| Net Asset Value, End of Year | $27.85 | $22.73 | $20.96 | $18.69 | $25.80 |
| Total Return  | 26.32% | 15.64% | 18.33% | (23.79%) | 12.66% |
| Net Assets, End of Year (thousands)  | $241882 | $217203 | $248620 | $267551 | $379837 |
| Ratio of Expenses to Average Net Assets (B) | 0.40% | 0.40% | 0.40% | 0.42% | 0.47% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, <br> Expenses Reimbursed by Advisor) (B)<br>| 0.50% | 0.50% | 0.50% | 0.52% | 0.57% |
| Ratio of Net Investment Income to Average Net Assets  | 2.56% | 2.31% | 2.33% | 2.24% | 1.69% |
| Portfolio Turnover Rate  | 14% | 14% | 9% | 11% | 11% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

800

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Asia Pacific Small Company Portfolio** | **Asia Pacific Small Company Portfolio** | **Asia Pacific Small Company Portfolio** | **Asia Pacific Small Company Portfolio** | **Asia Pacific Small Company Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $18.49 | $15.90 | $17.39 | $26.94 | $20.13 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.70 | 0.59 | 0.73 | 0.84 | 0.75 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 3.68 | 2.82 | (0.46) | (7.40) | 6.74 |
| Total from Investment Operations  | 4.38 | 3.41 | 0.27 | (6.56) | 7.49 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.78) | (0.82) | (0.75) | (1.07) | (0.68) |
| Net Realized Gains  |  |  | (1.01) | (1.92) |  |
| Total Distributions  | (0.78) | (0.82) | (1.76) | (2.99) | (0.68) |
| Net Asset Value, End of Year | $22.09 | $18.49 | $15.90 | $17.39 | $26.94 |
| Total Return  | 24.88% | 22.05% | 0.37% | (26.90%) | 37.81% |
| Net Assets, End of Year (thousands)  | $184826 | $153631 | $163212 | $230202 | $381490 |
| Ratio of Expenses to Average Net Assets (B) | 0.41% | 0.41% | 0.40% | 0.42% | 0.48% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, <br> Expenses Reimbursed by Advisor) (B)<br>| 0.51% | 0.51% | 0.50% | 0.52% | 0.58% |
| Ratio of Net Investment Income to Average Net Assets  | 3.80% | 3.36% | 4.08% | 3.95% | 3.01% |
| Portfolio Turnover Rate  | 21% | 23% | 17% | 19% | 19% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

801

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **United Kingdom Small Company Portfolio** | **United Kingdom Small Company Portfolio** | **United Kingdom Small Company Portfolio** | **United Kingdom Small Company Portfolio** | **United Kingdom Small Company Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $26.71 | $21.17 | $19.89 | $31.72 | $21.35 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 1.04 | 0.85 | 0.82 | 0.94 | 0.58 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 2.45 | 5.78 | 0.96 | (11.25) | 10.31 |
| Total from Investment Operations  | 3.49 | 6.63 | 1.78 | (10.31) | 10.89 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (1.17) | (1.09) | (0.50) | (0.97) | (0.52) |
| Net Realized Gains  |  |  |  | (0.55) |  |
| Total Distributions  | (1.17) | (1.09) | (0.50) | (1.52) | (0.52) |
| Net Asset Value, End of Year | $29.03 | $26.71 | $21.17 | $19.89 | $31.72 |
| Total Return  | 13.18% | 31.58% | 8.78% | (33.62%) | 51.31% |
| Net Assets, End of Year (thousands)  | $22867 | $20983 | $18698 | $18398 | $44133 |
| Ratio of Expenses to Average Net Assets (B) | 0.51% | 0.51% | 0.51% | 0.56% | 0.59% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, <br> Expenses Reimbursed by Advisor) (B)<br>| 0.61% | 0.61% | 0.61% | 0.66% | 0.74% |
| Ratio of Net Investment Income to Average Net Assets  | 3.84% | 3.28% | 3.50% | 3.62% | 1.88% |
| Portfolio Turnover Rate  | 19% | 20% | 9% | 14% | 12% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

802

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Continental Small Company Portfolio** | **Continental Small Company Portfolio** | **Continental Small Company Portfolio** | **Continental Small Company Portfolio** | **Continental Small Company Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $30.92 | $25.68 | $23.75 | $35.27 | $23.82 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.73 | 0.86 | 0.81 | 0.76 | 0.57 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 7.09 | 5.22 | 1.96 | (10.80) | 11.45 |
| Total from Investment Operations  | 7.82 | 6.08 | 2.77 | (10.04) | 12.02 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (1.57) | (0.84) | (0.84) | (0.80) | (0.57) |
| Net Realized Gains  |  |  |  | (0.68) |  |
| Total Distributions  | (1.57) | (0.84) | (0.84) | (1.48) | (0.57) |
| Net Asset Value, End of Year | $37.17 | $30.92 | $25.68 | $23.75 | $35.27 |
| Total Return  | 26.02% | 23.74% | 11.43% | (29.26%) | 50.70% |
| Net Assets, End of Year (thousands)  | $115626 | $796874 | $657020 | $616323 | $867759 |
| Ratio of Expenses to Average Net Assets (B) | 0.42% | 0.40% | 0.39% | 0.42% | 0.47% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, <br> Expenses Reimbursed by Advisor) (B)<br>| 0.52% | 0.50% | 0.49% | 0.52% | 0.57% |
| Ratio of Net Investment Income to Average Net Assets  | 2.29% | 2.82% | 2.88% | 2.61% | 1.76% |
| Portfolio Turnover Rate  | 10% | 16% | 11% | 11% | 17% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

803

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **DFA International Real Estate Securities Portfolio** | **DFA International Real Estate Securities Portfolio** | **DFA International Real Estate Securities Portfolio** | **DFA International Real Estate Securities Portfolio** | **DFA International Real Estate Securities Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $3.74 | $3.26 | $3.38 | $5.04 | $3.77 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.16 | 0.15 | 0.16 | 0.15 | 0.16 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 0.29 | 0.52 | (0.28) | (1.44) | 1.11 |
| Total from Investment Operations  | 0.45 | 0.67 | (0.12) | (1.29) | 1.27 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.20) | (0.19) |  | (0.37) |  |
| Total Distributions  | (0.20) | (0.19) |  | (0.37) |  |
| Net Asset Value, End of Year | $3.99 | $3.74 | $3.26 | $3.38 | $5.04 |
| Total Return  | 13.08% | 20.91% | (3.55%) | (27.50%) | 33.69% |
| Net Assets, End of Year (thousands)  | $3348615 | $3410481 | $3514043 | $4452148 | $5987464 |
| Ratio of Expenses to Average Net Assets  | 0.27% | 0.27% | 0.26% | 0.27% | 0.27% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, <br> Expenses Reimbursed by Advisor and Fees Paid Indirectly) <br>| 0.28% | 0.27% | 0.27% | 0.27% | 0.27% |
| Ratio of Net Investment Income to Average Net Assets  | 4.32% | 4.22% | 4.30% | 3.67% | 3.29% |
| Portfolio Turnover Rate  | 3% | 4% | 6% | 6% | 8% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

804

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **DFA Global Real Estate Securities Portfolio** | **DFA Global Real Estate Securities Portfolio** | **DFA Global Real Estate Securities Portfolio** | **DFA Global Real Estate Securities Portfolio** | **DFA Global Real Estate Securities Portfolio** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $11.05 | $8.76 | $9.86 | $13.29 | $9.57 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.39 | 0.39 | 0.21 | 0.49 | 0.16 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | (0.21) | 2.24 | (0.76) | (3.32) | 3.80 |
| Total from Investment Operations  | 0.18 | 2.63 | (0.55) | (2.83) | 3.96 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.38) | (0.34) | (0.14) | (0.48) | (0.20) |
| Net Realized Gains  |  |  | (0.41) | (0.12) | (0.04) |
| Total Distributions  | (0.38) | (0.34) | (0.55) | (0.60) | (0.24) |
| Net Asset Value, End of Year | $10.85 | $11.05 | $8.76 | $9.86 | $13.29 |
| Total Return  | 1.77% | 30.50% | (6.27%) | (22.34%) | 42.08% |
| Net Assets, End of Year (thousands)  | $7059143 | $7595939 | $6661881 | $7871073 | $10537586 |
| Ratio of Expenses to Average Net Assets \*(B) | 0.22% | 0.22% | 0.23% | 0.24% | 0.24% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor <br> and Fees Paid Indirectly) \*(B)<br>| 0.29% | 0.28% | 0.31% | 0.33% | 0.34% |
| Ratio of Net Investment Income to Average Net Assets  | 3.66% | 3.83% | 2.12% | 4.14% | 1.33% |
| Portfolio Turnover Rate  | 4% | 3% |  | 1% | 1% |
| \* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred <br> by the Portfolio indirectly as a result of Portfolio's investment in Underlying Funds as follows:<br>| 0.07% | 0.07% | 0.09% | 0.10% | 0.11% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

805

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **DFA International Small Cap Value Portfolio** | **DFA International Small Cap Value Portfolio** | **DFA International Small Cap Value Portfolio** | **DFA International Small Cap Value Portfolio** | **DFA International Small Cap Value Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $22.73 | $19.20 | $16.81 | $22.14 | $15.65 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.94 | 0.71 | 0.66 | 0.61 | 0.44 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 7.68 | 3.73 | 2.33 | (5.05) | 6.48 |
| Total from Investment Operations  | 8.62 | 4.44 | 2.99 | (4.44) | 6.92 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (1.05) | (0.88) | (0.60) | (0.73) | (0.43) |
| Net Realized Gains  | (0.18) | (0.03) |  | (0.16) |  |
| Total Distributions  | (1.23) | (0.91) | (0.60) | (0.89) | (0.43) |
| Net Asset Value, End of Year | $30.12 | $22.73 | $19.20 | $16.81 | $22.14 |
| Total Return  | 39.00% | 23.41% | 17.80% | (20.53%) | 44.61% |
| Net Assets, End of Year (thousands)  | $13483450 | $11285138 | $10041697 | $9664700 | $12784711 |
| Ratio of Expenses to Average Net Assets  | 0.42% | 0.43% | 0.43% | 0.46% | 0.53% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Paid <br> Indirectly) <br>| 0.43% | 0.43% | 0.43% | 0.46% | 0.53% |
| Ratio of Net Investment Income to Average Net Assets  | 3.68% | 3.22% | 3.35% | 3.13% | 2.13% |
| Portfolio Turnover Rate  | 14% | 14% | 13% | 24% | 15% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

806

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **International Vector Equity Portfolio** | **International Vector Equity Portfolio** | **International Vector Equity Portfolio** | **International Vector Equity Portfolio** | **International Vector Equity Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $13.97 | $11.87 | $10.67 | $14.51 | $10.42 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.46 | 0.42 | 0.40 | 0.40 | 0.32 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 3.38 | 2.19 | 1.14 | (3.52) | 4.06 |
| Total from Investment Operations  | 3.84 | 2.61 | 1.54 | (3.12) | 4.38 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.53) | (0.51) | (0.34) | (0.45) | (0.29) |
| Net Realized Gains  |  |  |  | (0.27) |  |
| Total Distributions  | (0.53) | (0.51) | (0.34) | (0.72) | (0.29) |
| Net Asset Value, End of Year | $17.28 | $13.97 | $11.87 | $10.67 | $14.51 |
| Total Return  | 27.95% | 22.15% | 14.34% | (22.16%) | 42.24% |
| Net Assets, End of Year (thousands)  | $4001552 | $3429184 | $3032135 | $2882931 | $3716790 |
| Ratio of Expenses to Average Net Assets  | 0.30% | 0.34% | 0.34% | 0.36% | 0.42% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Paid <br> Indirectly) <br>| 0.31% | 0.34% | 0.34% | 0.36% | 0.42% |
| Ratio of Net Investment Income to Average Net Assets  | 3.01% | 3.06% | 3.20% | 3.16% | 2.35% |
| Portfolio Turnover Rate  | 10% | 27% | 13% | 17% | 15% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

807

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **International High Relative Profitability Portfolio** | **International High Relative Profitability Portfolio** | **International High Relative Profitability Portfolio** | **International High Relative Profitability Portfolio** | **International High Relative Profitability Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $12.91 | $11.20 | $10.12 | $13.73 | $10.64 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.36 | 0.32 | 0.32 | 0.38 | 0.30 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 2.18 | 1.70 | 1.07 | (3.51) | 3.08 |
| Total from Investment Operations  | 2.54 | 2.02 | 1.39 | (3.13) | 3.38 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.31) | (0.31) | (0.31) | (0.37) | (0.29) |
| Net Realized Gains  |  |  |  | (0.11) |  |
| Total Distributions  | (0.31) | (0.31) | (0.31) | (0.48) | (0.29) |
| Net Asset Value, End of Year | $15.14 | $12.91 | $11.20 | $10.12 | $13.73 |
| Total Return  | 19.86% | 18.04% | 13.58% | (23.22%) | 31.85% |
| Net Assets, End of Year (thousands)  | $1702309 | $1529047 | $1473478 | $1606634 | $2183724 |
| Ratio of Expenses to Average Net Assets  | 0.29% | 0.30% | 0.30% | 0.30% | 0.30% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, <br> Expenses Reimbursed by Advisor and Fees Paid Indirectly) <br>| 0.30% | 0.30% | 0.30% | 0.30% | 0.30% |
| Ratio of Net Investment Income to Average Net Assets  | 2.60% | 2.45% | 2.71% | 3.15% | 2.30% |
| Portfolio Turnover Rate  | 14% | 15% | 11% | 22% | 15% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

808

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **World Ex U.S. Value Portfolio** | **World Ex U.S. Value Portfolio** | **World Ex U.S. Value Portfolio** | **World Ex U.S. Value Portfolio** | **World Ex U.S. Value Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $13.28 | $11.34 | $10.14 | $12.67 | $8.99 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.52 | 0.47 | 0.48 | 0.47 | 0.38 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 3.33 | 2.04 | 1.20 | (2.49) | 3.66 |
| Total from Investment Operations  | 3.85 | 2.51 | 1.68 | (2.02) | 4.04 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.56) | (0.57) | (0.48) | (0.51) | (0.36) |
| Total Distributions  | (0.56) | (0.57) | (0.48) | (0.51) | (0.36) |
| Net Asset Value, End of Year | $16.57 | $13.28 | $11.34 | $10.14 | $12.67 |
| Total Return  | 29.56% | 22.36% | 16.53% | (16.23%) | 45.23% |
| Net Assets, End of Year (thousands)  | $397255 | $282628 | $241685 | $194259 | $308666 |
| Ratio of Expenses to Average Net Assets \*(B) | 0.37% | 0.38% | 0.36% | 0.40% | 0.44% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, <br> Expenses Reimbursed by Advisor and Fees Paid Indirectly) \*(B)<br>| 0.56% | 0.57% | 0.55% | 0.59% | 0.64% |
| Ratio of Net Investment Income to Average Net Assets  | 3.62% | 3.65% | 4.08% | 4.02% | 3.14% |
| Portfolio Turnover Rate \*\* | 12% | 13% | 13% | 15% | 11% |
| \* The Ratio of Expenses to Average Net Assets is inclusive of acquired <br> fund fees and expenses incurred by the Portfolio indirectly as a result <br> of Portfolio's investment in Underlying Funds as follows:<br>| 0.19% | 0.19% | 0.19% | 0.19% | 0.20% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

809

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **World Ex U.S. Core Equity Portfolio** | **World Ex U.S. Core Equity Portfolio** | **World Ex U.S. Core Equity Portfolio** | **World Ex U.S. Core Equity Portfolio** | **World Ex U.S. Core Equity Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $13.53 | $11.44 | $10.35 | $13.84 | $10.44 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.41 | 0.38 | 0.38 | 0.40 | 0.33 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 2.97 | 2.14 | 1.08 | (3.48) | 3.40 |
| Total from Investment Operations  | 3.38 | 2.52 | 1.46 | (3.08) | 3.73 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.47) | (0.43) | (0.37) | (0.41) | (0.33) |
| Total Distributions  | (0.47) | (0.43) | (0.37) | (0.41) | (0.33) |
| Net Asset Value, End of Year | $16.44 | $13.53 | $11.44 | $10.35 | $13.84 |
| Total Return  | 25.43% | 22.10% | 14.01% | (22.55%) | 35.87% |
| Net Assets, End of Year (thousands)  | $4714458 | $4066463 | $3343709 | $3122060 | $4089166 |
| Ratio of Expenses to Average Net Assets  | 0.30% | 0.30% | 0.30% | 0.30% | 0.32% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, <br> Expenses Reimbursed by Advisor and Fees Paid Indirectly) <br>| 0.30% | 0.30% | 0.30% | 0.30% | 0.32% |
| Ratio of Net Investment Income to Average Net Assets  | 2.86% | 2.87% | 3.12% | 3.25% | 2.49% |
| Portfolio Turnover Rate  | 8% | 18% | 10% | 12% | 6% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

810

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **World Ex U.S. Targeted Value Portfolio** | **World Ex U.S. Targeted Value Portfolio** | **World Ex U.S. Targeted Value Portfolio** | **World Ex U.S. Targeted Value Portfolio** | **World Ex U.S. Targeted Value Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $14.80 | $12.39 | $11.02 | $15.29 | $10.91 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.49 | 0.41 | 0.40 | 0.39 | 0.32 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 3.66 | 2.42 | 1.35 | (3.55) | 4.34 |
| Total from Investment Operations  | 4.15 | 2.83 | 1.75 | (3.16) | 4.66 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.52) | (0.42) | (0.38) | (0.39) | (0.28) |
| Net Realized Gains  |  |  |  | (0.72) |  |
| Total Distributions  | (0.52) | (0.42) | (0.38) | (1.11) | (0.28) |
| Net Asset Value, End of Year | $18.43 | $14.80 | $12.39 | $11.02 | $15.29 |
| Total Return  | 28.44% | 22.91% | 15.76% | (21.77%) | 42.81% |
| Net Assets, End of Year (thousands)  | $805932 | $712102 | $637254 | $567557 | $774324 |
| Ratio of Expenses to Average Net Assets  | 0.48% | 0.48% | 0.48% | 0.52% | 0.55% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, <br> Expenses Reimbursed by Advisor and Fees Paid Indirectly) <br>| 0.48% | 0.48% | 0.48% | 0.52% | 0.55% |
| Ratio of Net Investment Income to Average Net Assets  | 3.06% | 2.87% | 3.08% | 2.98% | 2.20% |
| Portfolio Turnover Rate  | 17% | 20% | 24% | 35% | 28% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

811

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **World Core Equity Portfolio** | **World Core Equity Portfolio** | **World Core Equity Portfolio** | **World Core Equity Portfolio** | **World Core Equity Portfolio** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $24.56 | $19.35 | $18.24 | $22.56 | $16.29 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.46 | 0.47 | 0.39 | 0.45 | 0.34 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 4.36 | 5.44 | 1.38 | (4.15) | 6.27 |
| Total from Investment Operations  | 4.82 | 5.91 | 1.77 | (3.70) | 6.61 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.48) | (0.47) | (0.39) | (0.45) | (0.34) |
| Net Realized Gains  | (0.33) | (0.23) | (0.27) | (0.17) |  |
| Total Distributions  | (0.81) | (0.70) | (0.66) | (0.62) | (0.34) |
| Net Asset Value, End of Year | $28.57 | $24.56 | $19.35 | $18.24 | $22.56 |
| Total Return  | 20.05% | 30.94% | 9.65% | (16.62%) | 40.75% |
| Net Assets, End of Year (thousands)  | $1201053 | $1129123 | $957732 | $949017 | $1088714 |
| Ratio of Expenses to Average Net Assets \*(B) | 0.27% | 0.27% | 0.27% | 0.27% | 0.28% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) <br> \*(B)<br>| 0.44% | 0.44% | 0.44% | 0.45% | 0.46% |
| Ratio of Net Investment Income to Average Net Assets  | 1.84% | 2.06% | 1.94% | 2.22% | 1.64% |
| Portfolio Turnover Rate  | 8% | 4% | N/A | N/A | N/A |
| \* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred <br> by the Portfolio indirectly as a result of Portfolio's investment in Underlying Funds as follows:<br>| 0.20% | 0.20% | 0.20% | 0.20% | 0.22% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

812

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Selectively Hedged Global Equity Portfolio** | **Selectively Hedged Global Equity Portfolio** | **Selectively Hedged Global Equity Portfolio** | **Selectively Hedged Global Equity Portfolio** | **Selectively Hedged Global Equity Portfolio** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $22.15 | $18.10 | $18.09 | $22.35 | $16.21 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.44 | 0.44 | 0.37 | 0.44 | 0.33 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 3.77 | 4.80 | 1.28 | (3.29) | 6.21 |
| Total from Investment Operations  | 4.21 | 5.24 | 1.65 | (2.85) | 6.54 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.41) | (0.47) | (1.03) | (0.44) | (0.20) |
| Net Realized Gains  | (0.77) | (0.72) | (0.61) | (0.97) | (0.20) |
| Total Distributions  | (1.18) | (1.19) | (1.64) | (1.41) | (0.40) |
| Net Asset Value, End of Year | $25.18 | $22.15 | $18.10 | $18.09 | $22.35 |
| Total Return  | 19.82% | 30.12% | 9.43% | (13.65%) | 40.81% |
| Net Assets, End of Year (thousands)  | $342602 | $298635 | $255330 | $270708 | $348707 |
| Ratio of Expenses to Average Net Assets \*(B) | 0.31% | 0.32% | 0.32% | 0.31% | 0.32% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses Reimbursed by Advisor) <br> \*(B)<br>| 0.50% | 0.51% | 0.52% | 0.51% | 0.53% |
| Ratio of Net Investment Income to Average Net Assets  | 2.00% | 2.13% | 2.02% | 2.25% | 1.60% |
| Portfolio Turnover Rate  | 17% | 11% | N/A | N/A | N/A |
| \* The Ratio of Expenses to Average Net Assets is inclusive of acquired fund fees and expenses incurred <br> by the Portfolio indirectly as a result of Portfolio's investment in Underlying Funds as follows:<br>| 0.23% | 0.23% | 0.23% | 0.24% | 0.25% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

813

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Emerging Markets Portfolio** | **Emerging Markets Portfolio** | **Emerging Markets Portfolio** | **Emerging Markets Portfolio** | **Emerging Markets Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $29.78 | $24.94 | $22.78 | $33.05 | $27.64 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.77 | 0.73 | 0.82 | 0.88 | 0.74 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 7.36 | 5.06 | 2.17 | (9.07) | 5.32 |
| Total from Investment Operations  | 8.13 | 5.79 | 2.99 | (8.19) | 6.06 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.94) | (0.95) | (0.77) | (0.91) | (0.65) |
| Net Realized Gains  |  |  | (0.06) | (1.17) |  |
| Total Distributions  | (0.94) | (0.95) | (0.83) | (2.08) | (0.65) |
| Net Asset Value, End of Year | $36.97 | $29.78 | $24.94 | $22.78 | $33.05 |
| Total Return  | 27.82% | 23.41% | 13.02% | (25.94%) | 21.91% |
| Net Assets, End of Year (thousands)  | $6363987 | $5293090 | $4327065 | $3938781 | $6225187 |
| Ratio of Expenses to Average Net Assets (B) | 0.36% | 0.36% | 0.35% | 0.36% | 0.39% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, <br> Expenses Reimbursed by Advisor) (B)<br>| 0.46% | 0.46% | 0.45% | 0.46% | 0.49% |
| Ratio of Net Investment Income to Average Net Assets  | 2.48% | 2.54% | 3.11% | 3.05% | 2.19% |
| Portfolio Turnover Rate  | 10% | 15% | 14% | 10% | 19% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

814

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Emerging Markets Small Cap Portfolio** | **Emerging Markets Small Cap Portfolio** | **Emerging Markets Small Cap Portfolio** | **Emerging Markets Small Cap Portfolio** | **Emerging Markets Small Cap Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $24.13 | $20.69 | $18.76 | $26.03 | $19.67 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.63 | 0.56 | 0.55 | 0.59 | 0.52 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 3.25 | 3.64 | 2.28 | (6.16) | 6.41 |
| Total from Investment Operations  | 3.88 | 4.20 | 2.83 | (5.57) | 6.93 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.81) | (0.76) | (0.49) | (1.00) | (0.57) |
| Net Realized Gains  |  |  | (0.41) | (0.70) |  |
| Total Distributions  | (0.81) | (0.76) | (0.90) | (1.70) | (0.57) |
| Net Asset Value, End of Year | $27.20 | $24.13 | $20.69 | $18.76 | $26.03 |
| Total Return  | 16.36% | 20.44% | 15.09% | (22.57%) | 35.51% |
| Net Assets, End of Year (thousands)  | $3909238 | $3815970 | $3804119 | $3511909 | $5115924 |
| Ratio of Expenses to Average Net Assets (B) | 0.60% | 0.61% | 0.59% | 0.59% | 0.63% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, <br> Expenses Reimbursed by Advisor) (B)<br>| 0.80% | 0.81% | 0.79% | 0.79% | 0.83% |
| Ratio of Net Investment Income to Average Net Assets  | 2.61% | 2.40% | 2.59% | 2.57% | 2.10% |
| Portfolio Turnover Rate  | 11% | 13% | 19% | 12% | 16% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

815

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Emerging Markets Value Portfolio** | **Emerging Markets Value Portfolio** | **Emerging Markets Value Portfolio** | **Emerging Markets Value Portfolio** | **Emerging Markets Value Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $31.51 | $26.79 | $24.08 | $31.48 | $23.93 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 1.09 | 1.02 | 1.12 | 1.32 | 0.90 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 5.93 | 5.12 | 2.68 | (7.34) | 7.50 |
| Total from Investment Operations  | 7.02 | 6.14 | 3.80 | (6.02) | 8.40 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (1.40) | (1.42) | (1.09) | (1.39) | (0.85) |
| Total Distributions  | (1.40) | (1.42) | (1.09) | (1.39) | (0.85) |
| Net Asset Value, End of Year | $37.13 | $31.51 | $26.79 | $24.08 | $31.48 |
| Total Return  | 22.89% | 23.14% | 15.71% | (19.51%) | 35.24% |
| Net Assets, End of Year (thousands)  | $12909569 | $11012141 | $9936834 | $9600125 | $13258001 |
| Ratio of Expenses to Average Net Assets (B) | 0.44% | 0.45% | 0.44% | 0.45% | 0.49% |
| Ratio of Expenses to Average Net Assets (Excluding Fees <br> Waived, Expenses Reimbursed by Advisor and Fees Paid <br> Indirectly) (B)<br>| 0.55% | 0.55% | 0.54% | 0.55% | 0.59% |
| Ratio of Net Investment Income to Average Net Assets  | 3.34% | 3.34% | 4.03% | 4.49% | 2.92% |
| Portfolio Turnover Rate  | 11% | 13% | 12% | 14% | 14% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

816

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Emerging Markets Core Equity 2 Portfolio** | **Emerging Markets Core Equity 2 Portfolio** | **Emerging Markets Core Equity 2 Portfolio** | **Emerging Markets Core Equity 2 Portfolio** | **Emerging Markets Core Equity 2 Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Period | $24.31 | $20.32 | $18.13 | $25.16 | $20.34 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.65 | 0.62 | 0.67 | 0.75 | 0.57 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 5.01 | 4.14 | 2.15 | (6.97) | 4.76 |
| Total from Investment Operations  | 5.66 | 4.76 | 2.82 | (6.22) | 5.33 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.87) | (0.77) | (0.63) | (0.81) | (0.51) |
| Total Distributions  | (0.87) | (0.77) | (0.63) | (0.81) | (0.51) |
| Net Asset Value, End of Period | $29.10 | $24.31 | $20.32 | $18.13 | $25.16 |
| Total Return  | 23.82% | 23.66% | 15.49% | (25.06%) | 26.19% |
| Net Assets, End of Period (thousands)  | $33314050 | $28287324 | $22994927 | $20968575 | $29155369 |
| Ratio of Expenses to Average Net Assets  | 0.39% | 0.40% | 0.39% | 0.40% | 0.42% |
| Ratio of Expenses to Average Net Assets (Excluding Fees <br> Waived, Expenses Reimbursed by Advisor and Fees Paid <br> Indirectly) <br>| 0.39% | 0.40% | 0.39% | 0.40% | 0.42% |
| Ratio of Net Investment Income to Average Net Assets  | 2.59% | 2.66% | 3.18% | 3.33% | 2.26% |
| Portfolio Turnover Rate  | 5% | 9% | 11% | 14% | 10% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

817

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Emerging**<br> **Markets Targeted**<br> **Value Portfolio** | **Emerging**<br> **Markets Targeted**<br> **Value Portfolio** | **Emerging**<br> **Markets Targeted**<br> **Value Portfolio** | **Emerging**<br> **Markets Targeted**<br> **Value Portfolio** | **Emerging**<br> **Markets Targeted**<br> **Value Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Period | $11.87 | $10.27 | $9.29 | $13.13 | $9.71 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.30 | 0.26 | 0.27 | 0.30 | 0.28 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 1.87 | 1.91 | 1.13 | (2.85) | 3.39 |
| Total from Investment Operations  | 2.17 | 2.17 | 1.40 | (2.55) | 3.67 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.51) | (0.39) | (0.24) | (0.42) | (0.23) |
| Net Realized Gains  |  | (0.18) | (0.18) | (0.87) | (0.02) |
| Total Distributions  | (0.51) | (0.57) | (0.42) | (1.29) | (0.25) |
| Net Asset Value, End of Period | $13.53 | $11.87 | $10.27 | $9.29 | $13.13 |
| Total Return  | 19.06% | 21.82% | 15.20% | (21.40%) | 38.29% |
| Net Assets, End of Period (thousands)  | $305624 | $264482 | $219178 | $189926 | $234921 |
| Ratio of Expenses to Average Net Assets  | 0.58% | 0.60% | 0.66% | 0.66% | 0.72% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, <br> Expenses Reimbursed by Advisor and Fees Paid Indirectly) <br>| 0.65% | 0.70% | 0.67% | 0.66% | 0.72% |
| Ratio of Net Investment Income to Average Net Assets  | 2.47% | 2.32% | 2.55% | 2.72% | 2.19% |
| Portfolio Turnover Rate  | 21% | 30% | 24% | 28% | 29% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

818

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Emerging**<br> **Markets Ex China Core**<br> **Equity Portfolio** | **Emerging**<br> **Markets Ex China Core**<br> **Equity Portfolio** | **Emerging**<br> **Markets Ex China Core**<br> **Equity Portfolio** | **Emerging**<br> **Markets Ex China Core**<br> **Equity Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Period**<br> **Nov 15,**<br> **2021Ʊ to**<br> **Oct 31,**<br> **2022**<br>|
| Net Asset Value, Beginning of Period | $10.43 | $8.62 | $7.76 | $10.00 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |
| Net Investment Income (Loss)  | 0.26 | 0.24 | 0.26 | 0.28 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 1.84 | 1.83 | 0.83 | (2.28) |
| Total from Investment Operations  | 2.10 | 2.07 | 1.09 | (2.00) |
| <u>Less Distributions:</u>  |  |  |  |  |
| Net Investment Income  | (0.31) | (0.26) | (0.23) | (0.24) |
| Total Distributions  | (0.31) | (0.26) | (0.23) | (0.24) |
| Net Asset Value, End of Period | $12.22 | $10.43 | $8.62 | $7.76 |
| Total Return  | 20.48% | 24.04% | 14.04% | (20.16%)(C) |
| Net Assets, End of Period (thousands)  | $1236733 | $900959 | $571090 | $424447 |
| Ratio of Expenses to Average Net Assets  | 0.43% | 0.43% | 0.42% | 0.43%(D) |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, Expenses <br> Reimbursed by Advisor and Fees Paid Indirectly) <br>| 0.45% | 0.45% | 0.47% | 0.54%(D) |
| Ratio of Net Investment Income to Average Net Assets  | 2.43% | 2.32% | 2.94% | 3.20%(D) |
| Portfolio Turnover Rate  | 27% | 15% | 16% | 41%(C) |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

819

------

**DFA INVESTMENT DIMENSIONS GROUP INC.**

**NOTES TO FINANCIAL STATEMENTS**

**A. Organization:** 

DFA Investment Dimensions Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"), whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of one hundred and three operational portfolios as of October 31, 2025, of which twenty-four (the "Portfolios") are included in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolios are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services-Investment Companies."

Effective February 28, 2025, the following Portfolios changed their names as detailed below:

---

| | |
|:---|:---|
| **New Name** | **Former Name** |
| International Core Equity 2 Portfolio | International Core Equity Portfolio |
| Emerging Markets Core Equity 2 Portfolio | Emerging Markets Core Equity Portfolio |

---

Of the Portfolios, seven invest all of their assets in a corresponding series (each such Portfolio, a "Feeder Fund"). Of the Feeder Funds, six invest all of their assets in a corresponding series of The DFA Investment Trust Company ("DFAITC") and one invests all of its assets in the Dimensional Emerging Markets Value Fund ("DEM") (each such series within DFAITC and DEM, a "Master Fund"). Six of the Portfolios generally allocate their assets among other funds (each such underlying fund, an "Underlying Fund") managed by Dimensional Fund Advisors LP (the "Advisor") (each such Portfolio, a "Fund of Funds"). The Fund of Funds may also invest in affiliated and unaffiliated registered and unregistered money market funds. The International Small Company Portfolio invests in five Underlying Funds within DFAITC. The Global Small Company Portfolio invests in six Underlying Funds within DFAITC and one Underlying Fund within the Fund. The DFA Global Real Estate Securities Portfolio invests in two Underlying Funds within the Fund and directly in securities. The World ex U.S. Value Portfolio invests in three Master/Underlying Funds within the Fund, DFAITC, and DEM. The World Core Equity Portfolio and Selectively Hedged Global Equity Portfolio each invest in three Underlying Funds within the Fund. As of October 31, 2025, the following Portfolios were the owner of record of the following approximate percentages of the total outstanding shares of the following Master/Underlying Funds as detailed below.

---

| | | |
|:---|:---|:---|
| **Feeder Funds** | **Master Funds** | **Percentage**<br> **Ownership**<br> **10/31/25**<br>|
| Japanese Small Company Portfolio | The Japanese Small Company Series | &nbsp;&nbsp; 7% |
| Asia Pacific Small Company Portfolio | The Asia Pacific Small Company Series | &nbsp;&nbsp; 11% |
| United Kingdom Small Company Portfolio | The United Kingdom Small Company Series | &nbsp;&nbsp; 1% |
| Continental Small Company Portfolio | The Continental Small Company Series | &nbsp;&nbsp; 2% |
| Emerging Markets Portfolio | The Emerging Markets Series | &nbsp;&nbsp; 99% |
| Emerging Markets Small Cap Portfolio | The Emerging Markets Small Cap Series | &nbsp;&nbsp; 99% |
| Emerging Markets Value Portfolio | Dimensional Emerging Markets Value Fund | &nbsp;&nbsp; 98% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Funds of Funds** | **Underlying Funds** | **Percentage**<br> **Ownership**<br> **10/31/25**<br>|
| International Small Company Portfolio | The Continental Small Company Series | &nbsp;&nbsp; 98% |
|  | The Japanese Small Company Series | &nbsp;&nbsp; 93% |
|  | The United Kingdom Small Company Series | &nbsp;&nbsp; 98% |
|  | The Asia Pacific Small Company Series | &nbsp;&nbsp; 88% |

---

820

------

---

| | | |
|:---|:---|:---|
| **Funds of Funds** | **Underlying Funds** | **Percentage**<br> **Ownership**<br> **10/31/25**<br>|
|  | The Canadian Small Company Series | &nbsp;&nbsp; 99% |
| Global Small Company Portfolio | U.S. Small Cap Portfolio | &nbsp;&nbsp; — |
|  | The Continental Small Company Series | &nbsp;&nbsp; — |
|  | The Japanese Small Company Series | &nbsp;&nbsp; — |
|  | The Asia Pacific Small Company Series | &nbsp;&nbsp; — |
|  | The Canadian Small Company Series | &nbsp;&nbsp; — |
|  | The Emerging Markets Small Cap Series | &nbsp;&nbsp; — |
|  | The United Kingdom Small Company Series | &nbsp;&nbsp; — |
| DFA Global Real Estate Securities Portfolio\* | DFA Real Estate Securities Portfolio | &nbsp;&nbsp; — |
|  | DFA International Real Estate Securities Portfolio | &nbsp;&nbsp; 60% |
| World ex U.S. Value Portfolio | Dimensional Emerging Markets Value Fund | &nbsp;&nbsp; 6% |
|  | DFA International Small Cap Value Portfolio | &nbsp;&nbsp; — |
|  | The DFA International Value Series | &nbsp;&nbsp; — |
| World Core Equity Portfolio | U.S. Core Equity 1 Portfolio | &nbsp;&nbsp; 2% |
|  | International Core Equity 2 Portfolio | &nbsp;&nbsp; 1% |
|  | Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; — |
| Selectively Hedged Global Equity Portfolio | U.S. Core Equity 2 Portfolio | &nbsp;&nbsp; 1% |
|  | International Core Equity 2 Portfolio | &nbsp;&nbsp; — |
|  | Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; — |

---

\* DFA Global Real Estate Securities Portfolio invests in two Underlying Funds as indicated and securities listed on its Schedule of Investments.

To achieve its investment objective, each Feeder Fund and Fund of Funds invests substantially all of its assets in corresponding Master and/or Underlying Funds as indicated above. The DFA Global Real Estate Securities Portfolio may pursue its investment objective by investing its assets in its Underlying Funds and/or directly in securities of companies in the real estate industry. Each Feeder Fund and Fund of Funds also invests in short-term temporary cash investments and futures. In addition, each Fund of Funds may engage in forward currency contracts.

The financial statements of the Feeder Funds' Master Funds are included elsewhere in this report and should be read in conjunction with the financial statements of the Feeder Funds.

**B. Significant Accounting Policies:**

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Portfolios use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 3 – significant unobservable inputs (including the Portfolios' own assumptions in determining the fair value of investments)

Securities held by Large Cap International Portfolio, International Core Equity 2 Portfolio, DFA International Real Estate Securities Portfolio, DFA Global Real Estate Securities Portfolio, DFA International Small Cap Value Portfolio, International Vector Equity Portfolio, World ex U.S. Core Equity Portfolio, World ex U.S. Targeted Value Portfolio, Emerging Markets Core Equity 2 Portfolio, International High Relative Profitability Portfolio, Emerging Markets Targeted Value Portfolio and Emerging Markets ex China Core Equity Portfolio (the "International Equity Portfolios"), including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note. Securities held by the International Equity Portfolios that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the International Equity Portfolios value the securities at the mean between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange ("NYSE"). These securities are generally categorized as Level 1 in the hierarchy. The investment in The DFA Short Term Investment Fund, which is an open-end management investment company available for purchase only by the Portfolios and affiliated funds, is categorized as Level 2 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors of the Fund (the "Board"). Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of the Advisor occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the International Equity Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

The International Equity Portfolios will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time at which the net asset values of the International Equity Portfolios are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the pricing of the International Equity Portfolios' shares (at the close of the NYSE), the International Equity Portfolios will fair-value their foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets' perceptions and trading activities on the International Equity Portfolios' foreign investments since the last calculated closing prices of the foreign investments on their primary foreign securities markets or exchanges. For these purposes, the Advisor has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the International Equity Portfolios uses data furnished by an independent pricing service (and that data draws upon, among other information,

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the market values of foreign investments). When an International Equity Portfolio uses fair value pricing, the values assigned to the International Equity Portfolio's foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

Debt securities held by the Portfolios are valued on the basis of evaluated prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities that are traded OTC and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the OTC market. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

Listed derivatives, such as futures, that are actively traded are valued based on quoted prices from the exchange and are categorized as Level 1 in the hierarchy. OTC derivative contracts, which include forward currency contracts, do not require material subjectivity as pricing inputs are observed from quoted markets and are categorized as Level 2 in the hierarchy.

Shares held by the Portfolios in other investment companies (such as the Master/Underlying Funds) are valued at their respective daily net asset values as reported by their administrator. The Feeder Funds', International Small Company Portfolio's, Global Small Company Portfolio's and World ex U.S. Value Portfolio's investments in series of either DFAITC or DEM reflect their proportionate interest in the net assets of such corresponding Underlying Fund(s). These valuations are classified as Level 1 in the hierarchy.

A summary of the inputs used to value the Portfolios' investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Schedule of Investments (except for the Feeder Funds). The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2. Foreign Currency Translation: Securities and other assets and liabilities of the Portfolios whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Portfolios enter into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement. The Portfolios also enter into forward currency contracts for the purpose of hedging against fluctuations in currency exchange rates. These contracts are marked-to-market daily based on daily forward exchange rates.

The International Equity Portfolios do not isolate the effect of foreign exchange rate fluctuations from the effect of fluctuations in the market prices of securities, whether realized or unrealized. However, the Selectively Hedged Global Equity Portfolio does isolate the effect of foreign currency rate fluctuations when determining the realized gain or loss upon the sale or maturity of foreign currency-denominated debt obligations pursuant to U.S. Federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for income tax reporting purposes.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates of securities transactions, and the difference between amounts of interest, dividends and any foreign withholding taxes recorded on the books of the International Equity Portfolios and Selectively Hedged Global Equity Portfolio and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Director of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Portfolios, and advised by the Advisor: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity 2 Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity 2 Portfolio, DFA

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Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses.

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the "Notice") to defer the receipt of the Director's deferred compensation until a date specified by such Director in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Director ceases to be a member of the Board; and (ii) five years following the effective date of the Director's first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities/affiliated investment companies and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities and from the investment in affiliated investment companies that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolios estimate the character of received distributions that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Discount and premium on debt securities purchased are amortized over the lives of the respective securities, using the effective interest method. Expenses directly attributable to a Portfolio are directly charged. Common expenses of the Fund or the Portfolios are allocated using methods approved by the Board, generally based on average net assets.

Organizational costs are expensed during the fiscal year of inception of the Portfolios. Offering costs are amortized over a twelve-month period from the inception of the Portfolios.

The Feeder Funds, International Small Company Portfolio, Global Small Company Portfolio, and World ex U.S. Value Portfolio recognize their pro-rata shares of net investment income and realized and unrealized gains/losses on a daily basis from their respective Master Fund(s) within DFAITC or DEM, which are treated as partnerships for federal income tax purposes.

The Portfolios may be subject to taxes imposed by countries in which they invest with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Portfolios accrue such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. Additionally, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

The Emerging Markets Portfolio, Emerging Markets Small Cap Portfolio, Emerging Markets Value Portfolio, Global Small Company Portfolio, World ex U.S. Value Portfolio, World ex U.S. Core Portfolio, World ex U.S. Targeted Value Portfolio, Emerging Markets Core Equity 2 Portfolio, Emerging Markets Targeted Value Portfolio and Emerging Markets ex China Core Equity Portfolio are subject to tax on short-term and long-term capital gains for investments in India. Such taxes are accrued on a daily basis and due upon sale of individual securities.

**C. Investment Advisor:**

The Advisor provides investment management services to the Portfolios. For the year ended October 31, 2025, the Portfolios' investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

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| | |
|:---|:---|
| Large Cap International Portfolio | 0.14<br> %<br>|

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| | |
|:---|:---|
| International Core Equity 2 Portfolio | 0.20<br> %<br>|
| Global Small Company Portfolio | 0.35<br> %<br>|
| International Small Company Portfolio | 0.25<br> %<br>|
| Japanese Small Company Portfolio | 0.35<br> %<br>|
| Asia Pacific Small Company Portfolio | 0.35<br> %<br>|
| United Kingdom Small Company Portfolio | 0.35<br> %<br>|
| Continental Small Company Portfolio | 0.35<br> %<br>|
| DFA International Real Estate Securities Portfolio | 0.24<br> %<br>|
| DFA Global Real Estate Securities Portfolio | 0.19<br> %<br>|
| DFA International Small Cap Value Portfolio | 0.39<br> %<br>|
| International Vector Equity Portfolio | 0.27<br> %\*<br>|
| International High Relative Profitability Portfolio | 0.25<br> %<br>|
| World ex U.S. Value Portfolio | 0.32<br> %<br>|
| World ex U.S. Core Equity Portfolio | 0.25<br> %<br>|
| World ex U.S. Targeted Value Portfolio | 0.40<br> %<br>|
| World Core Equity Portfolio | 0.22<br> %<br>|
| Selectively Hedged Global Equity Portfolio | 0.24<br> %<br>|
| Emerging Markets Portfolio | 0.29<br> %<br>|
| Emerging Markets Small Cap Portfolio | 0.52<br> %<br>|
| Emerging Markets Value Portfolio | 0.38<br> %<br>|
| Emerging Markets Core Equity 2 Portfolio | 0.33<br> %<br>|
| Emerging Markets Targeted Value Portfolio | 0.52<br> %<br>|
| Emerging Markets ex China Core Equity Portfolio | 0.33<br> %<br>|

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Effective as of February 28, 2025, the investment management fee payable by the International Vector Equity Portfolio was reduced from 0.30% to 0.25%. 

Pursuant to Amended and Restated Fee Waiver and/or Expense Assumption Agreements (each, a "Fee Waiver Agreement"), the Advisor has contractually agreed to waive certain fees, and in certain instances, assume certain expenses of the Portfolios, as described in the notes below. The Fee Waiver Agreements for the non-Feeder Funds, and a portion of the Fee Waiver Agreement for certain Feeder Funds below, will remain in effect through February 28, 2026, may only be terminated by the Fund's Board of Directors prior to that date and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. The Fee Waiver Agreement with respect to the total management fees paid by the Feeder Funds, as described in the notes below, will remain in effect permanently, unless terminated by a Feeder Fund. During the year ended October 31, 2025, the Portfolios had expense limits based on a percentage of average net assets on an annualized basis, as listed below. At any time that the Portfolio Expenses (defined below) of a class of a Portfolio are less than the applicable Expense Limitation Amount/Total Management Fee Limit listed below, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the extent that the expense ratio following such recovery would be less than the Expense Limitation Amount/Total Management Fee Limit that was in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount/Total Management Fee Limit in place for the Portfolio. The recovered previously waived fees/assumed expenses during the year ended October 31, 2025, waived fees/assumed expenses during the year ended October 31, 2025, and previously waived fees/assumed expenses subject to future recovery by the Advisor, are reflected below (amounts in thousands). The Advisor, however, will not be reimbursed by a Feeder Portfolio in connection with its Permanent Fee Waiver. The Fund, on behalf of a Portfolio, is also not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of recovery. With respect to the World ex U.S. Value Portfolio, World Core Equity Portfolio, World ex U.S. Targeted Value Portfolio and Selectively Hedged

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Global Equity Portfolio, the Advisor shall also not be reimbursed for any management fees previously waived to offset a Portfolio's proportionate share of the management fees paid by such Portfolio through its investment in other funds managed by the Advisor.

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| | | | | |
|:---|:---|:---|:---|:---|
| **Institutional Class Shares**  | **Expense**<br> **Limitation**<br> **Amount**<br>| **Total**<br> **Management**<br> **Fee Limit**<br>| **Recovery**<br> **of Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br>| **Waived Fees/**<br> **Assumed**<br> **Expenses**<br>|
| Large Cap International Portfolio (1) | 0.24<br> %<br>|  |  |  |
| International Core Equity 2 Portfolio (1) | 0.30<br> %<br>|  |  |  |
| Global Small Company Portfolio (2) | 0.42<br> %<br>|  | $4 | $223 |
| International Small Company Portfolio (3) | 0.45<br> %<br>|  |  |  |
| Japanese Small Company Portfolio (4) | 0.42<br> %<br>| 0.35<br> %<br>|  | 222 |
| Asia Pacific Small Company Portfolio (4) | 0.42<br> %<br>| 0.35<br> %<br>|  | 157 |
| United Kingdom Small Company Portfolio (4) | 0.42<br> %<br>| 0.35<br> %<br>|  | 22 |
| Continental Small Company Portfolio (4) | 0.42<br> %<br>| 0.35<br> %<br>|  | 180 |
| DFA International Real Estate Securities <br> Portfolio (1)<br>| 0.29<br> %<br>|  |  |  |
| DFA Global Real Estate Securities Portfolio (5) | 0.22<br> %<br>|  |  | 4707 |
| International Vector Equity Portfolio (1) | 0.60<br> %<br>|  |  |  |
| International High Relative Profitability Portfolio (2) | 0.29<br> %<br>|  | 14 | 116 |
| World ex U.S. Value Portfolio (6) | 0.60<br> %<br>| 0.32<br> %<br>|  | 598 |
| World ex U.S. Core Equity Portfolio (7) | 0.39<br> %<br>|  |  |  |
| World ex U.S. Targeted Value Portfolio (8) | 0.80<br> %<br>| 0.40<br> %<br>|  |  |
| World Core Equity Portfolio (9) | 0.27<br> %<br>| 0.22<br> %<br>| 3 | 1961 |
| Selectively Hedged Global Equity Portfolio (10) | 0.40<br> %<br>| 0.24<br> %<br>|  | 604 |
| Emerging Markets Portfolio (11) | 0.49<br> %<br>| 0.29<br> %<br>|  | 5470 |
| Emerging Markets Small Cap Portfolio (12) | &nbsp;&nbsp; — | 0.52<br> %<br>|  | 7302 |
| Emerging Markets Value Portfolio (12) | 0.44<br> %<br>| 0.38<br> %<br>| 192 | 12169 |
| Emerging Markets Core Equity 2 Portfolio (1) | 0.54<br> %<br>|  |  |  |
| Emerging Markets Targeted Value Portfolio (2) | 0.58<br> %<br>|  | 2 | 197 |
| Emerging Markets ex China Core Equity <br> Portfolio (2)<br>| 0.43<br> %<br>|  | 133 | 271 |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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| |
|:---|
| (1) The Advisor has contractually agreed to waive all or a portion of its management fee and assume each Portfolio's ordinary operating <br> expenses (excluding the expenses a Portfolio incurs indirectly through investment in other investment companies) ("Portfolio Expenses") to the <br> extent necessary to limit the Portfolio Expenses of each Portfolio to the rates listed above as a percentage of average net assets on an annualized <br> basis (the "Expense Limitation Amount").<br>|
| (2) The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the ordinary operating expenses <br> of a class of the Portfolio (including the expenses that the Portfolio bears as a shareholder of other funds managed by the Advisor, excluding <br> money market funds and The DFA Short Term Investment Fund (the "Short Term Series"), but excluding the expenses that the Portfolio incurs <br> indirectly through its investment in unaffiliated investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio <br> Expenses of a class of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized <br> basis (the "Expense Limitation Amount"). Prior to February 28, 2025, the Expense Limitation Amount for the International High Relative <br> Profitability Portfolio was 0.35%.<br>|
| (3) The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the other direct expenses of a class <br> of the Portfolio (excluding expenses incurred through its investment in other investment companies) ("Portfolio Expenses") to the extent <br> necessary to limit the Portfolio Expenses of a class of the Portfolio to the rate listed above as a percentage of the average net assets of a class <br> of the Portfolio on an annualized basis (the "Expense Limitation Amount").<br>|
| (4) The Advisor has contractually agreed to permanently waive all or a portion of the management fee of each Portfolio to the extent <br> necessary to limit the total management fees paid to the Advisor by each Portfolio, including the proportionate share of the management fees <br> a Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment <br> of securities lending cash collateral in the Short Term Series, to 0.35% of the average net assets of a class of a Portfolio on an annualized basis <br> (the "Permanent Fee Waiver"). In addition to the Permanent Fee Waiver, the Advisor has contractually agreed to further waive all or a portion of <br> its management fee and to assume the other direct expenses of a class of each Portfolio (excluding expenses incurred through its investment <br> in other investment companies managed by the Advisor) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of each <br>|

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| |
|:---|
| class of a Portfolio to the rates listed above as a percentage of the average net assets of each class of such Portfolios on an annualized basis <br> (the "Expense Limitation Amount").<br>|
| (5) The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the expenses of the Portfolio <br> (including the expenses that the Portfolio bears as a shareholder of its Master/Underlying Funds but excluding the expenses that the Portfolio <br> incurs indirectly through investment of its securities lending cash collateral in the Short Term Series and its investment in unaffiliated investment <br> companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of the Portfolio to the rate listed above as a percentage <br> of the Portfolio's average net assets on an annualized basis (the "Expense Limitation Amount").<br>|
| (6) The Advisor has contractually agreed to waive up to the full amount of the Portfolio's management fee of 0.32% to the extent necessary <br> to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for <br> the fees paid through its investment of securities lending cash collateral in the Short Term Series (the "Total Management Fee Limit"). In addition, <br> under the Fee Waiver Agreement, the Advisor also has agreed to waive all or a portion of the management fee that remains payable by the <br> Portfolio (i.e., the management fee remaining after the proportionate share of the Master/Underlying Funds' management fees have been offset <br> (the "Remaining Management Fee")) to the extent necessary to reduce the Portfolio's ordinary operating expenses (including expenses incurred <br> through its investment in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its <br> securities lending cash collateral in the Short Term Series and unaffiliated money market funds) ("Portfolio Expenses") to the rate listed above <br> as a percentage of average net assets on an annualized basis (the "Expense Limitation Amount"). The maximum amount that may be waived <br> to limit Portfolio Expenses is the amount of the Remaining Management Fee.<br>|
| (7) The Advisor has contractually agreed to waive all or a portion of its management fee and to assume the expenses of a class of the <br> Portfolio (including the expenses that the Portfolio bears as a shareholder of its Master/ Underlying Funds but excluding the expenses that the <br> Portfolio incurs indirectly through its investment of its securities lending cash collateral in the Short Term Series and its investment in unaffiliated <br> investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of a class of the Portfolio to the rate listed <br> above as a percentage of average net assets of a class of the Portfolio on an annualized basis (the "Expense Limitation Amount").<br>|
| (8) The Advisor has contractually agreed to waive up to the full amount of the Portfolio's management fee of 0.40% to the extent necessary <br> to offset the proportionate share of the management fees paid by the Portfolio through its investment in other funds managed by the Advisor, <br> except for the fees paid through its investment of securities lending cash collateral in the Short Term Series (the "Total Management Fee Limit"). <br> In addition, under the Fee Waiver Agreement, the Advisor has also agreed to waive all or a portion of the management fee and to assume the <br> ordinary operating expenses of a class of the Portfolio (including expenses incurred through its investment in other investment companies but <br> excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral in the Short Term Series and <br> unaffiliated money market funds) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of a class of the Portfolio to the <br> rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the "Expense Limitation Amount").<br>|
| (9) The Advisor has contractually agreed to waive up to the full amount of the Portfolio's management fee of 0.22% to the extent necessary <br> to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for <br> the fees paid through its investment of securities lending cash collateral in the Short Term Series (including the Portfolio's proportionate share <br> of any management fees that a Master/Underlying Fund paid through its investment in an affiliated cash management fund) (the "Total <br> Management Fee Limit"). In addition, under the Fee Waiver Agreement, the Advisor has also agreed to assume the expenses of a class of the <br> Portfolio to the extent necessary to reduce the ordinary operating expenses (including expenses incurred through its investment in other <br> investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash collateral <br> in the Short Term Series and unaffiliated money market funds) ("Portfolio Expenses") of a class of the Portfolio so that such Portfolio Expenses <br> do not exceed the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the "Expense <br> Limitation Amount").<br>|
| (10) The Advisor has contractually agreed to waive up to the full amount of the Portfolio's management fee of 0.24% to the extent necessary <br> to offset the proportionate share of the management fees paid by the Portfolio through its investment in its Master/Underlying Funds, except for <br> the fees paid through its investment of securities lending cash collateral in the Short Term Series (the "Total Management Fee Limit"). In addition, <br> under the Fee Waiver Agreement, the Advisor has also agreed to waive all or a portion of the management fee and to assume the expenses of <br> a class of the Portfolio to the extent necessary to reduce the ordinary operating expenses (including expenses incurred through its investment <br> in other investment companies but excluding the expenses that the Portfolio incurs indirectly through investment of its securities lending cash <br> collateral in the Short Term Series and unaffiliated money market funds) ("Portfolio Expenses") of the Portfolio to the rate listed above as a <br> percentage of average net assets of a class of the Portfolio on an annualized basis (the "Expense Limitation Amount").<br>|
| (11) The Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent <br> necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the <br> Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment <br> of securities lending cash collateral in the Short Term Series, to 0.29% of the average net assets of a class of the Portfolio on an annualized basis <br> (the "Permanent Fee Waiver"). In addition to the Permanent Fee Waiver, the Advisor has contractually agreed to further waive all or a portion of <br> its management fee and to assume the other direct expenses of a class of the Portfolio (excluding expenses incurred through its investment in <br> other investment companies managed by the Advisor) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of each class <br> of the Portfolio to the rate listed above as a percentage of the average net assets of a class of the Portfolio on an annualized basis (the "Expense <br> Limitation Amount").<br>|
| (12) The Advisor has contractually agreed to permanently waive all or a portion of the management fee of each Portfolio to the extent <br> necessary to limit the total management fees paid to the Advisor by a Portfolio, including the proportionate share of the management fees a <br> Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment <br> of securities lending cash collateral in the Short Term Series, to the rate listed above as a percentage of the average net assets of a class of a <br> Portfolio on an annualized basis (the "Permanent Fee Waiver"). In addition to the Permanent Fee Waiver, the Advisor has contractually agreed <br> to further waive all or a portion of its management fee and to assume the other expenses of the class of the Emerging Markets Value Portfolio <br> (including expenses incurred through its investment in other investment companies managed by the Advisor, except for the expenses that the <br> Portfolio incurs indirectly through investments of securities lending cash collateral in Short Term Series and unaffiliated money market funds) <br> ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of each class of the Portfolio to the rate listed above as a percentage <br> of the average net assets of a class of the Portfolio on an annualized basis (the "Expense Limitation Amount"). Prior to February 28, 2025, the <br> Emerging Markets Value Portfolio only had a Permanent Fee Waiver.<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

827

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** |
|  | **10/31/2026** | **10/31/2027** | **10/31/2028** | **Total** |
| Global Small Company Portfolio | &nbsp;&nbsp; $194 | $206 | $223 | $623 |
| United Kingdom Small Company Portfolio | &nbsp;&nbsp; — |  |  |  |
| DFA Global Real Estate Securities Portfolio | &nbsp;&nbsp; 6580 | 4756 | 4708 | 16044 |
| International High Relative Profitability Portfolio | &nbsp;&nbsp; — |  | 102 | 102 |
| World ex U.S. Value Portfolio | &nbsp;&nbsp; 458 | 505 | 598 | 1561 |
| World Core Equity Portfolio | &nbsp;&nbsp; 65 | 104 | 77 | 246 |
| Selectively Hedged Global Equity Portfolio | &nbsp;&nbsp; 552 | 551 | 604 | 1707 |
| Emerging Markets Value Portfolio | &nbsp;&nbsp; — |  | 583 | 583 |
| Emerging Markets Targeted Value Portfolio | &nbsp;&nbsp; — | 187 | 197 | 384 |
| Emerging Markets ex China Core Equity Portfolio | &nbsp;&nbsp; 193 | 133 | 271 | 597 |

---

**Earned Income Credit:** 

Additionally, Portfolios have entered into arrangements with their custodian whereby net interest earned on uninvested cash balances was used to reduce a portion of the Portfolios' custody expenses. Custody expense in the accompanying financial statements is presented before reduction for credits. The impact of such credits is generally less than one basis point of each Portfolio's net assets. During the year ended October 31, 2025, expenses reduced were as follows (amounts in thousands):

---

| | |
|:---|:---|
|  | **Fees Paid**<br> **Indirectly**<br>|
| DFA International Real Estate Securities Portfolio | &nbsp;&nbsp; $209 |
| DFA International Small Cap Value Portfolio | &nbsp;&nbsp; 962 |
| International Vector Equity Portfolio | &nbsp;&nbsp; 239 |
| International High Relative Profitability Portfolio | &nbsp;&nbsp; 78 |

---

**Fees Paid to Officers and Directors/Trustees:**

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the year ended October 31, 2025, the total related amount paid by the Fund to the CCO was $239 (in thousands). The total related amounts paid by each of the Portfolios are included in Other Expenses on the Statements of Operations.

**D. Deferred Compensation:** 

As of October 31, 2025, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statements of Assets and Liabilities as follows (amounts in thousands):

---

| | |
|:---|:---|
| Large Cap International Portfolio | &nbsp;&nbsp; $49 |
| International Core Equity 2 Portfolio | &nbsp;&nbsp; 131 |
| Global Small Company Portfolio | &nbsp;&nbsp; — |
| International Small Company Portfolio | &nbsp;&nbsp; 143 |
| Japanese Small Company Portfolio | &nbsp;&nbsp; 8 |
| Asia Pacific Small Company Portfolio | &nbsp;&nbsp; 4 |

---

828

------

---

| | |
|:---|:---|
| United Kingdom Small Company Portfolio | &nbsp;&nbsp; $1 |
| Continental Small Company Portfolio | &nbsp;&nbsp; 2 |
| DFA International Real Estate Securities Portfolio | &nbsp;&nbsp; 26 |
| DFA Global Real Estate Securities Portfolio | &nbsp;&nbsp; 30 |
| DFA International Small Cap Value Portfolio | &nbsp;&nbsp; 212 |
| International Vector Equity Portfolio | &nbsp;&nbsp; 16 |
| International High Relative Profitability Portfolio | &nbsp;&nbsp; 7 |
| World ex U.S. Value Portfolio | &nbsp;&nbsp; 1 |
| World ex U.S. Core Equity Portfolio | &nbsp;&nbsp; 16 |
| World ex U.S. Targeted Value Portfolio | &nbsp;&nbsp; 3 |
| World Core Equity Portfolio | &nbsp;&nbsp; 4 |
| Selectively Hedged Global Equity Portfolio | &nbsp;&nbsp; 2 |
| Emerging Markets Portfolio | &nbsp;&nbsp; 71 |
| Emerging Markets Small Cap Portfolio | &nbsp;&nbsp; 62 |
| Emerging Markets Value Portfolio | &nbsp;&nbsp; 300 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; 177 |
| Emerging Markets Targeted Value Portfolio | &nbsp;&nbsp; 1 |
| Emerging Markets ex China Core Equity Portfolio | &nbsp;&nbsp; 3 |

---

**E. Purchases and Sales of Securities:** 

For the year ended October 31, 2025, the Portfolios' transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. government securities (amounts in thousands), were as follows:

---

| | | |
|:---|:---|:---|
|  | **Purchases**  | **Sales** |
| Large Cap International Portfolio | &nbsp;&nbsp; $699697 | &nbsp;&nbsp; $502898 |
| International Core Equity 2 Portfolio | &nbsp;&nbsp; 2464808 | &nbsp;&nbsp; 3197014 |
| Global Small Company Portfolio | &nbsp;&nbsp; 22329 | &nbsp;&nbsp; 20529 |
| DFA International Real Estate Securities Portfolio | &nbsp;&nbsp; 108932 | &nbsp;&nbsp; 388857 |
| DFA Global Real Estate Securities Portfolio | &nbsp;&nbsp; 197937 | &nbsp;&nbsp; 534786 |
| DFA International Small Cap Value Portfolio | &nbsp;&nbsp; 1640493 | &nbsp;&nbsp; 2779366 |
| International Vector Equity Portfolio | &nbsp;&nbsp; 357766 | &nbsp;&nbsp; 514745 |
| International High Relative Profitability Portfolio | &nbsp;&nbsp; 227820 | &nbsp;&nbsp; 254974 |
| World ex U.S. Value Portfolio | &nbsp;&nbsp; 7547 | &nbsp;&nbsp; 4097 |
| World ex U.S. Core Equity Portfolio | &nbsp;&nbsp; 344272 | &nbsp;&nbsp; 547085 |
| World ex U.S. Targeted Value Portfolio | &nbsp;&nbsp; 126107 | &nbsp;&nbsp; 190467 |
| World Core Equity Portfolio | &nbsp;&nbsp; 87743 | &nbsp;&nbsp; 203457 |
| Selectively Hedged Global Equity Portfolio | &nbsp;&nbsp; 52434 | &nbsp;&nbsp; 60405 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; 1405980 | &nbsp;&nbsp; 2124703 |
| Emerging Markets Targeted Value Portfolio | &nbsp;&nbsp; 57558 | &nbsp;&nbsp; 59601 |
| Emerging Markets ex China Core Equity Portfolio | &nbsp;&nbsp; 428366 | &nbsp;&nbsp; 300386 |

---

There were no purchases or sales of long-term U.S. government securities.

For the year ended October 31, 2025, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

829

------

The amounts presented below may differ from the respective amounts presented in the corresponding Schedules of Investments, Statements of Assets and Liabilities or Statements of Operations due to rounding. The amounts are as follows (amounts in thousands):

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **October 31, 2025**<br>| **Shares as of**<br> **October 31, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **Large Cap International** <br> **Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $172818 | $1958126 | $1932732 | $21 | $(3)<br>| $198230 | 17138 | $6564 |  |
| **Total** | **$172818** | **$1958126** | **$1932732** | **$21** | **$(3)**<br>| **$198230** |  | **$6564** | **—** |
| **International Core** <br> **Equity 2 Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $988409 | $6286161 | $5959245 | $102 | $(31)<br>| $1315396 | 113720 | $36814 |  |
| **Total** | **$988409** | **$6286161** | **$5959245** | **$102** | **$(31)**<br>| **$1315396** |  | **$36814** | **—** |
| **Global Small Company** <br> **Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| U.S. Small Cap Portfolio | $61736 | $22329 | $20529 | $974 | $3856 | $68366 | 1341 | $719 |  |
| **Total** | **$61736** | **$22329** | **$20529** | **$974** | **$3856** | **$68366** |  | **$719** | **—** |
| **DFA International Real** <br> **Estate Securities** <br> **Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $85111 | $1009826 | $1030685 | $8 |  | $64260 | 5555 | $2160 |  |
| **Total** | **$85111** | **$1009826** | **$1030685** | **$8** | **—** | **$64260** |  | **$2160** | **—** |
| **DFA Global Real Estate** <br> **Securities Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| DFA International Real <br> Estate Securities <br> Portfolio<br>| $1880340 | $25670 | $39000 | $(11291)<br>| $138269 | $1993988 | 499746 | $103341 |  |
| The DFA Short Term <br> Investment Fund<br>| 205214 | 1668956 | 1676785 | 8 | (1)<br>| 197392 | 17065 | 5311 |  |
| **Total** | **$2085554** | **$1694626** | **$1715785** | **$(11283)**<br>| **$138268** | **$2191380** |  | **$108652** | **—** |
| **DFA International Small** <br> **Cap Value Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $231183 | $3239539 | $3062545 | $19 | $(7)<br>| $408189 | 35289 | $13014 |  |
| **Total** | **$231183** | **$3239539** | **$3062545** | **$19** | **$(7)**<br>| **$408189** |  | **$13014** | **—** |
| **International Vector** <br> **Equity Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $106723 | $1047250 | $1006804 | $13 | $(4)<br>| $147178 | 12724 | $4407 |  |
| **Total** | **$106723** | **$1047250** | **$1006804** | **$13** | **$(4)**<br>| **$147178** |  | **$4407** | **—** |

---

830

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **October 31, 2025**<br>| **Shares as of**<br> **October 31, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **International High** <br> **Relative Profitability** <br> **Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $51619 | $689457 | $663604 | $1 |  | $77473 | 6698 |  |  |
| **Total** | **$51619** | **$689457** | **$663604** | **$1** | **—** | **$77473** |  | **—** | **—** |
| **World ex U.S. Value** <br> **Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| DFA International Small <br> Cap Value Portfolio<br>| $24246 | $7548 | $4097 | $325 | $7895 | $35917 | 1192 | $1194 | $193 |
| **Total** | **$24246** | **$7548** | **$4097** | **$325** | **$7895** | **$35917** |  | **$1194** | **$193** |
| **World ex U.S. Core** <br> **Equity Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $72989 | $895371 | $829176 | $12 | $(1)<br>| $139195 | 12034 | $3830 |  |
| **Total** | **$72989** | **$895371** | **$829176** | **$12** | **$(1)**<br>| **$139195** |  | **$3830** | **—** |
| **World ex U.S. Targeted** <br> **Value Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $13086 | $134817 | $128699 |  |  | $19204 | 1660 | $445 |  |
| **Total** | **$13086** | **$134817** | **$128699** | **—** | **—** | **$19204** |  | **$445** | **—** |
| **World Core Equity** <br> **Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| U.S. Core Equity 1 <br> Portfolio<br>| $716015 | $47945 | $110998 | $33080 | $71017 | $757059 | 15431 | $8382 |  |
| International Core Equity <br> 2 Portfolio<br>| 284260 | 23632 | 67297 | 13064 | 47171 | 300830 | 15396 | 9212 |  |
| Emerging Markets Core <br> Equity 2 Portfolio<br>| 127785 | 16166 | 25162 | 2296 | 21677 | 142762 | 4906 | 4396 |  |
| **Total** | **$1128060** | **$87743** | **$203457** | **$48440** | **$139865** | **$1200651** |  | **$21990** | **—** |
| **Selectively Hedged** <br> **Global Equity** <br> **Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| U.S. Core Equity 2 <br> Portfolio<br>| $174484 | $25132 | $27763 | $1327 | $23829 | $197009 | 4513 | $2135 |  |
| International Core Equity <br> 2 Portfolio<br>| 70484 | 13711 | 19619 | 2411 | 12912 | 79899 | 4089 | 2405 |  |
| Emerging Markets Core <br> Equity 2 Portfolio<br>| 50733 | 13591 | 13022 | 570 | 9428 | 61300 | 2107 | 1843 |  |
| **Total** | **$295701** | **$52434** | **$60404** | **$4308** | **$46169** | **$338208** |  | **$6383** | **—** |

---

831

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **October 31, 2025**<br>| **Shares as of**<br> **October 31, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **Emerging Markets Core** <br> **Equity 2 Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $285249 | $3445104 | $3055737 | $45 | $(3)<br>| $674658 | 58326 | $12776 |  |
| **Total** | **$285249** | **$3445104** | **$3055737** | **$45** | **$(3)**<br>| **$674658** |  | **$12776** | **—** |
| **Emerging Markets** <br> **Targeted Value** <br> **Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $1501 | $30447 | $28924 |  |  | $3024 | 261 |  |  |
| **Total** | **$1501** | **$30447** | **$28924** | **—** | **—** | **$3024** |  | **—** | **—** |
| **Emerging Markets ex** <br> **China Core Equity** <br> **Portfolio**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $7259 | $107709 | $100996 | $2 |  | $13974 | 1208 | $352 |  |
| **Total** | **$7259** | **$107709** | **$100996** | **$2** | **—** | **$13974** |  | **$352** | **—** |

---

**F. Federal Income Taxes:** 

Each Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2025, can occur as a result of realized foreign capital gains tax, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, redemption in-kind transactions, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above. These reclassifications had no effect on net assets or net asset value per share.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2024, and October 31, 2025, were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| Large Cap International Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; $192000 | &nbsp;&nbsp; — | &nbsp;&nbsp; $192000 |
| 2025 | &nbsp;&nbsp; 197534 | &nbsp;&nbsp; — | &nbsp;&nbsp; 197534 |

---

832

------

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| International Core Equity 2 Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; $1069005 | &nbsp;&nbsp; — | &nbsp;&nbsp; $1069005 |
| 2025 | &nbsp;&nbsp; 1084855 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1084855 |
| Global Small Company Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 1592 | &nbsp;&nbsp; $645 | &nbsp;&nbsp; 2237 |
| 2025 | &nbsp;&nbsp; 1800 | &nbsp;&nbsp; 732 | &nbsp;&nbsp; 2532 |
| International Small Company Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 379832 | &nbsp;&nbsp; — | &nbsp;&nbsp; 379832 |
| 2025 | &nbsp;&nbsp; 411506 | &nbsp;&nbsp; — | &nbsp;&nbsp; 411506 |
| Japanese Small Company Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 10317 | &nbsp;&nbsp; 2791 | &nbsp;&nbsp; 13108 |
| 2025 | &nbsp;&nbsp; 6630 | &nbsp;&nbsp; — | &nbsp;&nbsp; 6630 |
| Asia Pacific Small Company Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 8400 | &nbsp;&nbsp; — | &nbsp;&nbsp; 8400 |
| 2025 | &nbsp;&nbsp; 6445 | &nbsp;&nbsp; — | &nbsp;&nbsp; 6445 |
| United Kingdom Small Company Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 905 | &nbsp;&nbsp; — | &nbsp;&nbsp; 905 |
| 2025 | &nbsp;&nbsp; 915 | &nbsp;&nbsp; — | &nbsp;&nbsp; 915 |
| Continental Small Company Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 21345 | &nbsp;&nbsp; — | &nbsp;&nbsp; 21345 |
| 2025 | &nbsp;&nbsp; 10345 | &nbsp;&nbsp; — | &nbsp;&nbsp; 10345 |
| DFA International Real Estate Securities Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 185455 | &nbsp;&nbsp; — | &nbsp;&nbsp; 185455 |
| 2025 | &nbsp;&nbsp; 186008 | &nbsp;&nbsp; — | &nbsp;&nbsp; 186008 |
| DFA Global Real Estate Securities Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 252366 | &nbsp;&nbsp; — | &nbsp;&nbsp; 252366 |
| 2025 | &nbsp;&nbsp; 262006 | &nbsp;&nbsp; — | &nbsp;&nbsp; 262006 |
| DFA International Small Cap Value Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 448002 | &nbsp;&nbsp; 13292 | &nbsp;&nbsp; 461294 |
| 2025 | &nbsp;&nbsp; 495789 | &nbsp;&nbsp; 90851 | &nbsp;&nbsp; 586640 |
| International Vector Equity Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 127525 | &nbsp;&nbsp; — | &nbsp;&nbsp; 127525 |
| 2025 | &nbsp;&nbsp; 125913 | &nbsp;&nbsp; — | &nbsp;&nbsp; 125913 |
| International High Relative Profitability Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 38501 | &nbsp;&nbsp; — | &nbsp;&nbsp; 38501 |
| 2025 | &nbsp;&nbsp; 36000 | &nbsp;&nbsp; — | &nbsp;&nbsp; 36000 |
| World ex U.S. Value Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 11909 | &nbsp;&nbsp; — | &nbsp;&nbsp; 11909 |
| 2025 | &nbsp;&nbsp; 12515 | &nbsp;&nbsp; — | &nbsp;&nbsp; 12515 |
| World ex U.S. Core Equity Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 125828 | &nbsp;&nbsp; — | &nbsp;&nbsp; 125828 |
| 2025 | &nbsp;&nbsp; 138223 | &nbsp;&nbsp; — | &nbsp;&nbsp; 138223 |
| World ex U.S. Targeted Value Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 20450 | &nbsp;&nbsp; — | &nbsp;&nbsp; 20450 |

---

833

------

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| 2025 | &nbsp;&nbsp; $23776 | &nbsp;&nbsp; — | &nbsp;&nbsp; $23776 |
| World Core Equity Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 22406 | &nbsp;&nbsp; $11493 | &nbsp;&nbsp; 33899 |
| 2025 | &nbsp;&nbsp; 20981 | &nbsp;&nbsp; 15244 | &nbsp;&nbsp; 36225 |
| Selectively Hedged Global Equity Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 6546 | &nbsp;&nbsp; 9950 | &nbsp;&nbsp; 16496 |
| 2025 | &nbsp;&nbsp; 5668 | &nbsp;&nbsp; 10647 | &nbsp;&nbsp; 16315 |
| Emerging Markets Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 166182 | &nbsp;&nbsp; — | &nbsp;&nbsp; 166182 |
| 2025 | &nbsp;&nbsp; 163877 | &nbsp;&nbsp; — | &nbsp;&nbsp; 163877 |
| Emerging Markets Small Cap Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 129086 | &nbsp;&nbsp; — | &nbsp;&nbsp; 129086 |
| 2025 | &nbsp;&nbsp; 119966 | &nbsp;&nbsp; — | &nbsp;&nbsp; 119966 |
| Emerging Markets Value Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 498903 | &nbsp;&nbsp; — | &nbsp;&nbsp; 498903 |
| 2025 | &nbsp;&nbsp; 487702 | &nbsp;&nbsp; — | &nbsp;&nbsp; 487702 |
| Emerging Markets Core Equity 2 Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 885010 | &nbsp;&nbsp; — | &nbsp;&nbsp; 885010 |
| 2025 | &nbsp;&nbsp; 1008598 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1008598 |
| Emerging Markets Targeted Value Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 8928 | &nbsp;&nbsp; 3295 | &nbsp;&nbsp; 12223 |
| 2025 | &nbsp;&nbsp; 11365 | &nbsp;&nbsp; — | &nbsp;&nbsp; 11365 |
| Emerging Markets ex China Core Equity Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; 21125 | &nbsp;&nbsp; — | &nbsp;&nbsp; 21125 |
| 2025 | &nbsp;&nbsp; 32735 | &nbsp;&nbsp; — | &nbsp;&nbsp; 32735 |

---

As of October 31, 2025, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Undistributed**<br> **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Undistributed**<br> **Long-Term**<br> **Capital Gains**<br>| **Capital Loss**<br> **Carryforwards**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Total Net**<br> **Distributable**<br> **Earnings**<br> **(Accumulated**<br> **Losses)**<br>|
| Large Cap International Portfolio | &nbsp;&nbsp; $63227 | &nbsp;&nbsp; — | &nbsp;&nbsp; $(458240)<br>| &nbsp;&nbsp; $3099306 | &nbsp;&nbsp; $2704293 |
| International Core Equity 2 Portfolio | &nbsp;&nbsp; 343658 | &nbsp;&nbsp; — | &nbsp;&nbsp; (1114838)<br>| &nbsp;&nbsp; 14107769 | &nbsp;&nbsp; 13336589 |
| Global Small Company Portfolio | &nbsp;&nbsp; 1725 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 31251 | &nbsp;&nbsp; 32976 |
| International Small Company Portfolio | &nbsp;&nbsp; 147964 | &nbsp;&nbsp; — | &nbsp;&nbsp; (129145)<br>| &nbsp;&nbsp; 4218055 | &nbsp;&nbsp; 4236874 |
| Japanese Small Company Portfolio | &nbsp;&nbsp; 7974 | &nbsp;&nbsp; — | &nbsp;&nbsp; (146)<br>| &nbsp;&nbsp; 65585 | &nbsp;&nbsp; 73413 |
| Asia Pacific Small Company Portfolio | &nbsp;&nbsp; 7769 | &nbsp;&nbsp; — | &nbsp;&nbsp; (50688)<br>| &nbsp;&nbsp; 24500 | &nbsp;&nbsp; (18419)<br>|
| United Kingdom Small Company <br> Portfolio<br>| &nbsp;&nbsp; 254 | &nbsp;&nbsp; — | &nbsp;&nbsp; (3545)<br>| &nbsp;&nbsp; 4144 | &nbsp;&nbsp; 853 |
| Continental Small Company Portfolio | &nbsp;&nbsp; 911 | &nbsp;&nbsp; — | &nbsp;&nbsp; (5652)<br>| &nbsp;&nbsp; 132069 | &nbsp;&nbsp; 127328 |
| DFA International Real Estate <br> Securities Portfolio<br>| &nbsp;&nbsp; 187055 | &nbsp;&nbsp; — | &nbsp;&nbsp; (1536145)<br>| &nbsp;&nbsp; (44556)<br>| &nbsp;&nbsp; (1393646)<br>|

---

834

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Undistributed**<br> **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Undistributed**<br> **Long-Term**<br> **Capital Gains**<br>| **Capital Loss**<br> **Carryforwards**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Total Net**<br> **Distributable**<br> **Earnings**<br> **(Accumulated**<br> **Losses)**<br>|
| DFA Global Real Estate Securities <br> Portfolio<br>| &nbsp;&nbsp; $107117 | &nbsp;&nbsp; — | &nbsp;&nbsp; $(438307)<br>| &nbsp;&nbsp; $728771 | &nbsp;&nbsp; $397581 |
| DFA International Small Cap Value <br> Portfolio<br>| &nbsp;&nbsp; 148318 | &nbsp;&nbsp; $462869 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4867060 | &nbsp;&nbsp; 5478247 |
| International Vector Equity Portfolio | &nbsp;&nbsp; 37863 | &nbsp;&nbsp; — | &nbsp;&nbsp; (79966)<br>| &nbsp;&nbsp; 1635623 | &nbsp;&nbsp; 1593520 |
| International High Relative Profitability <br> Portfolio<br>| &nbsp;&nbsp; 12257 | &nbsp;&nbsp; — | &nbsp;&nbsp; (31598)<br>| &nbsp;&nbsp; 519103 | &nbsp;&nbsp; 499762 |
| World ex U.S. Value Portfolio | &nbsp;&nbsp; 5434 | &nbsp;&nbsp; — | &nbsp;&nbsp; (12140)<br>| &nbsp;&nbsp; 129663 | &nbsp;&nbsp; 122957 |
| World ex U.S. Core Equity Portfolio | &nbsp;&nbsp; 45929 | &nbsp;&nbsp; — | &nbsp;&nbsp; (80703)<br>| &nbsp;&nbsp; 1685815 | &nbsp;&nbsp; 1651041 |
| World ex U.S. Targeted Value <br> Portfolio<br>| &nbsp;&nbsp; 3262 | &nbsp;&nbsp; — | &nbsp;&nbsp; (15785)<br>| &nbsp;&nbsp; 266199 | &nbsp;&nbsp; 253676 |
| World Core Equity Portfolio | &nbsp;&nbsp; — | &nbsp;&nbsp; 40761 | &nbsp;&nbsp; — | &nbsp;&nbsp; 616925 | &nbsp;&nbsp; 657686 |
| Selectively Hedged Global Equity <br> Portfolio<br>| &nbsp;&nbsp; 3954 | &nbsp;&nbsp; 4638 | &nbsp;&nbsp; — | &nbsp;&nbsp; 188316 | &nbsp;&nbsp; 196908 |
| Emerging Markets Portfolio | &nbsp;&nbsp; 36117 | &nbsp;&nbsp; — | &nbsp;&nbsp; (155191)<br>| &nbsp;&nbsp; 3382600 | &nbsp;&nbsp; 3263526 |
| Emerging Markets Small Cap Portfolio | &nbsp;&nbsp; 59647 | &nbsp;&nbsp; — | &nbsp;&nbsp; (278201)<br>| &nbsp;&nbsp; 1430453 | &nbsp;&nbsp; 1211899 |
| Emerging Markets Value Portfolio | &nbsp;&nbsp; 147517 | &nbsp;&nbsp; — | &nbsp;&nbsp; (1200399)<br>| &nbsp;&nbsp; 3888104 | &nbsp;&nbsp; 2835222 |
| Emerging Markets Core Equity 2 <br> Portfolio<br>| &nbsp;&nbsp; 274699 | &nbsp;&nbsp; — | &nbsp;&nbsp; (2527167)<br>| &nbsp;&nbsp; 13339831 | &nbsp;&nbsp; 11087363 |
| Emerging Markets Targeted Value <br> Portfolio<br>| &nbsp;&nbsp; 13864 | &nbsp;&nbsp; — | &nbsp;&nbsp; (13094)<br>| &nbsp;&nbsp; 80896 | &nbsp;&nbsp; 81666 |
| Emerging Markets ex China Core <br> Equity Portfolio<br>| &nbsp;&nbsp; 5270 | &nbsp;&nbsp; — | &nbsp;&nbsp; (14736)<br>| &nbsp;&nbsp; 277197 | &nbsp;&nbsp; 267731 |

---

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2025, the Portfolios had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amounts in thousands):

---

| | |
|:---|:---|
|  | **Total** |
| Large Cap International Portfolio | &nbsp;&nbsp; $458240 |
| International Core Equity 2 Portfolio | &nbsp;&nbsp; 1114838 |
| International Small Company Portfolio | &nbsp;&nbsp; 129145 |
| Japanese Small Company Portfolio | &nbsp;&nbsp; 146 |
| Asia Pacific Small Company Portfolio | &nbsp;&nbsp; 50688 |
| United Kingdom Small Company Portfolio | &nbsp;&nbsp; 3545 |
| Continental Small Company Portfolio | &nbsp;&nbsp; 5652 |
| DFA International Real Estate Securities Portfolio | &nbsp;&nbsp; 1536145 |
| DFA Global Real Estate Securities Portfolio | &nbsp;&nbsp; 438307 |
| International Vector Equity Portfolio | &nbsp;&nbsp; 79966 |
| International High Relative Profitability Portfolio | &nbsp;&nbsp; 31598 |
| World ex U.S. Value Portfolio | &nbsp;&nbsp; 12140 |
| World ex U.S. Core Equity Portfolio | &nbsp;&nbsp; 80703 |
| World ex U.S. Targeted Value Portfolio | &nbsp;&nbsp; 15785 |
| Emerging Markets Portfolio | &nbsp;&nbsp; 155191 |

---

835

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---

| | |
|:---|:---|
|  | **Total** |
| Emerging Markets Small Cap Portfolio | &nbsp;&nbsp; $278201 |
| Emerging Markets Value Portfolio | &nbsp;&nbsp; 1200399 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; 2527167 |
| Emerging Markets Targeted Value Portfolio | &nbsp;&nbsp; 13094 |
| Emerging Markets ex China Core Equity Portfolio | &nbsp;&nbsp; 14736 |

---

During the year ended October 31, 2025, the following Portfolios used the following capital loss carryforwards to offset realized capital gains for federal income tax purposes (amounts in thousands):

---

| | |
|:---|:---|
| Large Cap International Portfolio | &nbsp;&nbsp; $63043 |
| Japanese Small Company Portfolio | &nbsp;&nbsp; 2536 |
| Continental Small Company Portfolio | &nbsp;&nbsp; 5325 |
| International High Relative Profitability Portfolio | &nbsp;&nbsp; 17586 |
| World ex U.S. Targeted Value Portfolio | &nbsp;&nbsp; 4859 |
| Emerging Markets Portfolio | &nbsp;&nbsp; 39484 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; 124910 |
| Emerging Markets ex China Core Equity Portfolio | &nbsp;&nbsp; 5484 |

---

As of October 31, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| Large Cap International Portfolio | &nbsp;&nbsp; $4186655 | &nbsp;&nbsp; $3180874 | &nbsp;&nbsp; $(82619)<br>| &nbsp;&nbsp; $3098255 |
| International Core Equity 2 Portfolio | &nbsp;&nbsp; 23404545 | &nbsp;&nbsp; 15189707 | &nbsp;&nbsp; (1086932)<br>| &nbsp;&nbsp; 14102775 |
| Global Small Company Portfolio | &nbsp;&nbsp; 77699 | &nbsp;&nbsp; 31384 | &nbsp;&nbsp; — | &nbsp;&nbsp; 31384 |
| International Small Company Portfolio | &nbsp;&nbsp; 9792742 | &nbsp;&nbsp; 4215779 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4215779 |
| Japanese Small Company Portfolio | &nbsp;&nbsp; 176276 | &nbsp;&nbsp; 77361 | &nbsp;&nbsp; (11696)<br>| &nbsp;&nbsp; 65665 |
| Asia Pacific Small Company Portfolio | &nbsp;&nbsp; 160358 | &nbsp;&nbsp; 25342 | &nbsp;&nbsp; (833)<br>| &nbsp;&nbsp; 24509 |
| United Kingdom Small Company Portfolio | &nbsp;&nbsp; 18724 | &nbsp;&nbsp; 4142 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4142 |
| Continental Small Company Portfolio | &nbsp;&nbsp; 113467 | &nbsp;&nbsp; 2226 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2226 |
| DFA International Real Estate Securities Portfolio | &nbsp;&nbsp; 3409927 | &nbsp;&nbsp; 298022 | &nbsp;&nbsp; (342258)<br>| &nbsp;&nbsp; (44236)<br>|
| DFA Global Real Estate Securities Portfolio | &nbsp;&nbsp; 6451474 | &nbsp;&nbsp; 1280560 | &nbsp;&nbsp; (551801)<br>| &nbsp;&nbsp; 728759 |
| DFA International Small Cap Value Portfolio | &nbsp;&nbsp; 8526427 | &nbsp;&nbsp; 5146290 | &nbsp;&nbsp; (280353)<br>| &nbsp;&nbsp; 4865937 |
| International Vector Equity Portfolio | &nbsp;&nbsp; 2450298 | &nbsp;&nbsp; 1661653 | &nbsp;&nbsp; (26544)<br>| &nbsp;&nbsp; 1635109 |
| International High Relative Profitability Portfolio | &nbsp;&nbsp; 1250602 | &nbsp;&nbsp; 547831 | &nbsp;&nbsp; (29183)<br>| &nbsp;&nbsp; 518648 |
| World ex U.S. Value Portfolio | &nbsp;&nbsp; 266223 | &nbsp;&nbsp; 130778 | &nbsp;&nbsp; — | &nbsp;&nbsp; 130778 |
| World ex U.S. Core Equity Portfolio | &nbsp;&nbsp; 3106753 | &nbsp;&nbsp; 1869492 | &nbsp;&nbsp; (169843)<br>| &nbsp;&nbsp; 1699649 |
| World ex U.S. Targeted Value Portfolio | &nbsp;&nbsp; 550730 | &nbsp;&nbsp; 288900 | &nbsp;&nbsp; (19921)<br>| &nbsp;&nbsp; 268979 |
| World Core Equity Portfolio | &nbsp;&nbsp; 584008 | &nbsp;&nbsp; 616925 | &nbsp;&nbsp; — | &nbsp;&nbsp; 616925 |
| Selectively Hedged Global Equity Portfolio | &nbsp;&nbsp; 149892 | &nbsp;&nbsp; 188316 | &nbsp;&nbsp; — | &nbsp;&nbsp; 188316 |
| Emerging Markets Portfolio | &nbsp;&nbsp; 2901814 | &nbsp;&nbsp; 3464272 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3464272 |
| Emerging Markets Small Cap Portfolio | &nbsp;&nbsp; 2414255 | &nbsp;&nbsp; 1496812 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1496812 |
| Emerging Markets Value Portfolio | &nbsp;&nbsp; 8883745 | &nbsp;&nbsp; 4041442 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4041442 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; 20296155 | &nbsp;&nbsp; 15804449 | &nbsp;&nbsp; (2034282)<br>| &nbsp;&nbsp; 13770167 |

---

836

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---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| Emerging Markets Targeted Value Portfolio | &nbsp;&nbsp; $223725 | &nbsp;&nbsp; $93799 | &nbsp;&nbsp; $(8664)<br>| &nbsp;&nbsp; $85135 |
| Emerging Markets ex China Core Equity Portfolio | &nbsp;&nbsp; 970775 | &nbsp;&nbsp; 337274 | &nbsp;&nbsp; (52053)<br>| &nbsp;&nbsp; 285221 |

---

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Portfolios recognize the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Portfolios' tax positions and has concluded that no additional provision for income tax is required in the Portfolios' financial statements. The Portfolios are not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolios' federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

**G. Financial Instruments:**

In accordance with the Portfolios' investment objectives and policies, the Portfolios may invest either directly or indirectly (through their investments in corresponding Master/Underlying Funds), in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. The Portfolios' derivative contracts are not accounted for as hedging instruments under GAAP. These instruments and their significant corresponding risks are described below:

1. Foreign Market Risks: Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign governmental supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of international securities held by the Portfolios may be inhibited.

Portfolios that have significant exposure to certain countries, such as the United Kingdom Small Company Portfolio's Master Fund that concentrates investments in the United Kingdom, can be expected to be impacted by the political and economic conditions within such countries. For example, there is continuing uncertainty around the future of the euro and the European Union (EU) following the United Kingdom's (UK) exit from the EU (referred to as "Brexit"). Brexit may cause greater market volatility and illiquidity, currency fluctuations, deterioration in economic activity, a decrease in business confidence, and increased likelihood of a recession in the UK. While it is not possible to determine the precise impact these events may have on the Portfolios, the ultimate impact on the UK, EU countries, other countries or parties that transact with the UK and EU, and the broader global economy could be significant and could adversely affect the value and liquidity of the Portfolios' investments.

**Derivative Financial Instruments:**

Summarized below are the specific types of derivative instruments used by the Portfolios.

2. Forward Currency Contracts: The Portfolios listed below may enter into foreign currency exchange transactions, including foreign currency forward contracts, in connection with the settlement of foreign securities or to transfer cash balances from one currency to another currency. The Selectively Hedged Global Equity Portfolio may hedge some or all of the currency exposure of its foreign securities by entering into forward currency contracts. The decision to hedge the Selectively Hedged Global Equity Portfolio's currency exposure with respect to a foreign market will be based primarily on the Portfolio's existing exposure to a given foreign currency. Each contract is valued daily

837

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and the change in value is recorded by the Portfolio as an unrealized gain or loss, which is presented in the Statements of Operations as the change in unrealized appreciation or depreciation of forward currency contracts. When the contract is closed or offset with the same counterparty, the Portfolio records a realized gain or loss equal to the change in the value of the contract when it was opened and the value at the time it was closed or offset. This is presented in the Statements of Operations as a net realized gain or loss on forward currency contracts. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currency relative to the U.S. dollar.

3. Futures Contracts: Each Portfolio listed below may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Portfolio. The Selectively Hedged Global Equity Portfolio may also use futures contracts in an attempt to hedge some or all of the currency exposure of its foreign securities. Upon entering into a futures contract, the Portfolios deposit cash or pledge U.S. Government securities to a broker in an amount equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Portfolios as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Portfolios record a realized gain or loss, which is presented in the Statements of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Portfolio could lose more than the initial margin requirements. A Portfolio entering into stock index futures is subject to equity price risk from those futures contracts.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the year ended October 31, 2025 was as follows (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Forward**<br> **Currency**<br> **Contracts\***<br>| **Futures\*\*** |
| Large Cap International Portfolio | &nbsp;&nbsp; $—<br>| &nbsp;&nbsp; $58630 |
| International Core Equity 2 Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 300775 |
| International Small Company Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 106512 |
| DFA International Real Estate Securities Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 22822 |
| DFA Global Real Estate Securities Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 53880 |
| DFA International Small Cap Value Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 133294 |
| International Vector Equity Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 30228 |
| International High Relative Profitability Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 1315 |
| World ex U.S. Core Equity Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 34491 |
| World ex U.S. Targeted Value Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 736 |
| Selectively Hedged Global Equity Portfolio | &nbsp;&nbsp; 87033<br>| &nbsp;&nbsp; 3361 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 245235 |
| Emerging Markets Targeted Value Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 1939 |
| Emerging Markets ex China Core Equity Portfolio | &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 13623 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Average amount of Currency Purchased/Sold in USD.

\*\* Average Notional Value of futures contracts.

838

------

The following is a summary of the Portfolios' derivative instrument holdings categorized by primary risk exposure as of October 31, 2025 (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Asset Derivatives Value**  | **Asset Derivatives Value**  | **Asset Derivatives Value**  |
|  | **Total Value**<br> **at**<br> **October 31, 2025** <br>| **Forward**<br> **Currency**<br> **Contracts** <sup>(1)</sup> <br>| **Equity**<br> **Contracts** <sup>(2)</sup> <br>|
| Large Cap International Portfolio | &nbsp;&nbsp; $1607<br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; $1607 |
| International Core Equity 2 Portfolio | &nbsp;&nbsp; 9626<br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 9626 |
| International Small Company Portfolio | &nbsp;&nbsp; 3718<br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 3718 |
| DFA International Real Estate Securities Portfolio | &nbsp;&nbsp; 482<br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 482 |
| DFA Global Real Estate Securities Portfolio | &nbsp;&nbsp; 1796<br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 1796 |
| DFA International Small Cap Value Portfolio | &nbsp;&nbsp; 4198<br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 4198 |
| International Vector Equity Portfolio | &nbsp;&nbsp; 582<br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 582 |
| World ex U.S. Core Equity Portfolio | &nbsp;&nbsp; 735<br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 735 |
| Selectively Hedged Global Equity Portfolio | &nbsp;&nbsp; 1135<br>| &nbsp;&nbsp; $998<br>| &nbsp;&nbsp; 137 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; 6921<br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 6921 |
| Emerging Markets Targeted Value Portfolio | &nbsp;&nbsp; 79<br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; 79 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Liability Derivatives Value**  | **Liability Derivatives Value**  |
|  | **Total Value**<br> **at**<br> **October 31, 2025** <br>| **Forward**<br> **Currency**<br> **Contracts** <sup>(3)</sup> <br>|
| Selectively Hedged Global Equity Portfolio | &nbsp;&nbsp; $(79)<br>| &nbsp;&nbsp; $(79)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(1) Presented
 on Statements of Assets and Liabilities as Unrealized Gain on Forward Currency Contracts.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Presented
 on Statements of Assets and Liabilities as Receivables: Futures Variation Margin.

&nbsp;&nbsp;&nbsp;&nbsp;(3) Presented
 on Statements of Assets and Liabilities as Unrealized Loss on Forward Currency Contracts.

The following is a summary of the realized and change in unrealized gains and losses from the Portfolios' derivative instrument holdings categorized by primary risk exposure for the year ended October 31, 2025 (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Realized Gain (Loss) on**<br> **Derivatives**  | **Realized Gain (Loss) on**<br> **Derivatives**  | **Realized Gain (Loss) on**<br> **Derivatives**  |
|  | **Total**  | **Forward**<br> **Currency**<br> **Contracts** <sup>(1)</sup> <br>| **Equity**<br> **Contracts** <sup>(2)</sup> <br>|
| Large Cap International Portfolio | &nbsp;&nbsp; $9242 | &nbsp;&nbsp; — | &nbsp;&nbsp; $9242 |
| International Core Equity 2 Portfolio | &nbsp;&nbsp; 39678 | &nbsp;&nbsp; — | &nbsp;&nbsp; 39678 |
| Global Small Company Portfolio | &nbsp;&nbsp; (78)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (78)<br>|
| International Small Company Portfolio | &nbsp;&nbsp; 12976 | &nbsp;&nbsp; — | &nbsp;&nbsp; 12976 |
| DFA International Real Estate Securities Portfolio | &nbsp;&nbsp; 2054 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2054 |
| DFA Global Real Estate Securities Portfolio | &nbsp;&nbsp; 7054 | &nbsp;&nbsp; — | &nbsp;&nbsp; 7054 |
| DFA International Small Cap Value Portfolio | &nbsp;&nbsp; 14638 | &nbsp;&nbsp; — | &nbsp;&nbsp; 14638 |
| International Vector Equity Portfolio | &nbsp;&nbsp; 3191 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3191 |
| International High Relative Profitability Portfolio | &nbsp;&nbsp; 414 | &nbsp;&nbsp; — | &nbsp;&nbsp; 414\* |
| World ex U.S. Value Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2 |
| World ex U.S. Core Equity Portfolio | &nbsp;&nbsp; 3781 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3781 |

---

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| | | | |
|:---|:---|:---|:---|
|  | **Realized Gain (Loss) on**<br> **Derivatives**  | **Realized Gain (Loss) on**<br> **Derivatives**  | **Realized Gain (Loss) on**<br> **Derivatives**  |
|  | **Total**  | **Forward**<br> **Currency**<br> **Contracts** <sup>(1)</sup><br>| **Equity**<br> **Contracts** <sup>(2)</sup><br>|
| World ex U.S. Targeted Value Portfolio | &nbsp;&nbsp; $301 | &nbsp;&nbsp; — | &nbsp;&nbsp; $301 |
| Selectively Hedged Global Equity Portfolio | &nbsp;&nbsp; 898 | &nbsp;&nbsp; $401 | &nbsp;&nbsp; 497 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; 35336 | &nbsp;&nbsp; — | &nbsp;&nbsp; 35336 |
| Emerging Markets Targeted Value Portfolio | &nbsp;&nbsp; 165 | &nbsp;&nbsp; — | &nbsp;&nbsp; 165 |
| Emerging Markets ex China Core Equity Portfolio | &nbsp;&nbsp; (438)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (438)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  |
|  | **Total**  | **Forward**<br> **Currency**<br> **Contracts** <sup>(3)</sup> <br>| **Equity**<br> **Contracts** <sup>(4)</sup> <br>|
| Large Cap International Portfolio | &nbsp;&nbsp; $1537 | &nbsp;&nbsp; — | &nbsp;&nbsp; $1537 |
| International Core Equity 2 Portfolio | &nbsp;&nbsp; 8596 | &nbsp;&nbsp; — | &nbsp;&nbsp; 8596 |
| International Small Company Portfolio | &nbsp;&nbsp; 9476 | &nbsp;&nbsp; — | &nbsp;&nbsp; 9476 |
| DFA International Real Estate Securities Portfolio | &nbsp;&nbsp; 1243 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1243 |
| DFA Global Real Estate Securities Portfolio | &nbsp;&nbsp; 2138 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2138 |
| DFA International Small Cap Value Portfolio | &nbsp;&nbsp; 4940 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4940 |
| International Vector Equity Portfolio | &nbsp;&nbsp; 1098 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1098 |
| World ex U.S. Core Equity Portfolio | &nbsp;&nbsp; 1536 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1536 |
| World ex U.S. Targeted Value Portfolio | &nbsp;&nbsp; (7)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (7)<br>|
| Selectively Hedged Global Equity Portfolio | &nbsp;&nbsp; (228)<br>| &nbsp;&nbsp; $(328)<br>| &nbsp;&nbsp; 100 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; 7445 | &nbsp;&nbsp; — | &nbsp;&nbsp; 7445 |
| Emerging Markets Targeted Value Portfolio | &nbsp;&nbsp; 59 | &nbsp;&nbsp; — | &nbsp;&nbsp; 59 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

(1) Presented on Statements of Operations as Net Realized Gain (Loss) on: Forward Currency Contracts. 

(2) Presented on Statements of Operations as Net Realized Gain (Loss) on: Futures.

(3) Presented on Statements of Operations as Change in Unrealized Appreciation (Depreciation) of: Forward Currency Contracts.

(4) Presented on Statements of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

\* As of October 31, 2025, there were no futures contracts outstanding. During the year ended October 31, 2025, the Portfolio had limited activity in futures contracts. 

**Offsetting of Derivative Assets and Derivative Liabilities:**

In order to better define its contractual rights and to secure rights that will help a Portfolio mitigate its counterparty risk, the Fund on behalf of applicable Portfolios entered into an International Swaps and Derivatives Association, Inc. Master Agreement (ISDA Master Agreement) or a similar agreement with certain of its derivative contract counterparties. An ISDA Master Agreement is a bilateral agreement between the Fund, on behalf of a Portfolio, and a counterparty that governs OTC derivatives and forward currency contracts and typically contains, among other things, provisions in the event of a default and/or termination event and may also include collateral posting items. Under an ISDA Master Agreement, a Portfolio may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted, if any, and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out), including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy, insolvency, or other events.

840

------

For financial reporting purposes, the Portfolios do not offset derivative assets and derivative liabilities that are subject to netting arrangements in the Statements of Assets and Liabilities.

The following table presents the Portfolios' gross and net amount of assets and liabilities available for offset under netting arrangements as well as any related collateral received or pledged by the Portfolios as of October 31, 2025 (amounts in thousands):

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | **Gross Amounts Not**<br> **Offset in the**<br> **Statements of Assets**<br> **and Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Statements of Assets**<br> **and Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Statements of Assets**<br> **and Liabilities** |  |  | **Gross Amounts Not**<br> **Offset in the**<br> **Statements of Assets**<br> **and Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Statements of Assets**<br> **and Liabilities** | **Gross Amounts Not**<br> **Offset in the**<br> **Statements of Assets**<br> **and Liabilities** |  |
| **Description** | **Gross**<br> **Amounts of**<br> **Recognized**<br> **Assets**<br>| **Financial**<br> **Instruments (a)**<br>| **Non-Cash**<br> **Collateral**<br> **Received**<br>| **Cash**<br> **Collateral**<br> **Received**<br>| **Net**<br> **Amount (b)**<br>| **Gross**<br> **Amounts of**<br> **Recognized**<br> **Liabilities**<br>| **Financial**<br> **Instruments (c)**<br>| **Non-Cash**<br> **Collateral**<br> **Pledged**<br>| **Cash**<br> **Collateral**<br> **Pledged**<br>| **Net**<br> **Amount (d)**<br>|
|  | **Assets** | **Assets** | **Assets** | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** |
| **Selectively Hedged Global Equity Portfolio** |  |  |  |  |  |  |  |  |  |  |
| Citibank, N.A. | $196 | $(61)<br>|  |  | $135 | $61 | $(61)<br>|  |  |  |
| Bank of America Corp. | 15 | (1)<br>|  |  | 14 | 1 | (1)<br>|  |  |  |
| Goldman Sachs Capital Markets <br> L.P.<br>|  |  |  |  |  | 13 |  |  |  | $13 |
| Australia and New Zealand Bank | 35 |  |  |  | 35 |  |  |  |  |  |
| UBS AG | 349 |  |  |  | 349 |  |  |  |  |  |
| Morgan Stanley & Co. LLC | 8 |  |  |  | 8 |  |  |  |  |  |
| State Street Bank and Trust |  |  |  |  |  |  |  |  |  |  |
| Societe Generale | 36 | (4)<br>|  |  | 32 | 4 | (4)<br>|  |  |  |
| Royal Bank of Canada | 279 |  |  |  | 279 |  |  |  |  |  |
| HSBC Bank | 80 |  |  |  | 80 |  |  |  |  |  |
| Total | $998 | $(66)<br>|  |  | $932 | $79 | $(66)<br>|  |  | $13 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Represents
 the amount of assets that could be offset by liabilities with the same counterparty under master netting or similar agreements that
 management elects not to offset on the Statements of Assets and Liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Represents
 the net amount due from counterparties in the event of default.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Represents
 the amount of liabilities that could be offset by assets with the same counterparty under master netting or similar agreements that
 management elects not to offset on the Statements of Assets and Liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Represents
 the net amount due to counterparties in the event of default.

**H. Line of Credit and Interfund Lending Program:**

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable

841

------

for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

For the year ended October 31, 2025, borrowings by the following Portfolios under the lines of credit were as follows (amounts in thousands, except percentages and days):

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Weighted**<br> **Average**<br> **Interest Rate**<br>| **Weighted**<br> **Average**<br> **Loan Balance**<br>| **Number of**<br> **Days**<br> **Outstanding\***<br>| **Interest**<br> **Expense**<br> **Incurred**<br>| **Maximum Amount**<br> **Borrowed During**<br> **the Period**<br>| **Outstanding**<br> **Borrowings**<br> **as of 10/31/2025**<br>|
| Global Small Company <br> Portfolio<br>| 5.09<br> %<br>| &nbsp;&nbsp; $667 | &nbsp;&nbsp; 54 | &nbsp;&nbsp; $5 | &nbsp;&nbsp; $16415 | &nbsp;&nbsp; — |
| DFA International Real <br> Estate Securities <br> Portfolio<br>| 5.16<br> %<br>| &nbsp;&nbsp; 9879 | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 4 | &nbsp;&nbsp; 14574 | &nbsp;&nbsp; — |
| DFA International Small <br> Cap Value Portfolio<br>| 5.08<br> %<br>| &nbsp;&nbsp; 6739 | &nbsp;&nbsp; 6 | &nbsp;&nbsp; 6 | &nbsp;&nbsp; 10478 | &nbsp;&nbsp; — |
| International High Relative <br> Profitability Portfolio<br>| 5.09<br> %<br>| &nbsp;&nbsp; 502 | &nbsp;&nbsp; 36 | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 2135 | &nbsp;&nbsp; — |
| World ex U.S. Value <br> Portfolio<br>| 5.13<br> %<br>| &nbsp;&nbsp; 124 | &nbsp;&nbsp; 52 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 1146 | &nbsp;&nbsp; — |
| World ex U.S. Core Equity <br> Portfolio<br>| 5.08<br> %<br>| &nbsp;&nbsp; 6528 | &nbsp;&nbsp; 4 | &nbsp;&nbsp; 4 | &nbsp;&nbsp; 18685 | &nbsp;&nbsp; — |
| World ex U.S. Targeted <br> Value Portfolio<br>| 5.13<br> %<br>| &nbsp;&nbsp; 2579 | &nbsp;&nbsp; 28 | &nbsp;&nbsp; 10 | &nbsp;&nbsp; 15538 | &nbsp;&nbsp; — |
| World Core Equity <br> Portfolio<br>| 5.06<br> %<br>| &nbsp;&nbsp; 534 | &nbsp;&nbsp; 78 | &nbsp;&nbsp; 6 | &nbsp;&nbsp; 2858 | &nbsp;&nbsp; — |
| Selectively Hedged Global <br> Equity Portfolio<br>| 5.08<br> %<br>| &nbsp;&nbsp; 452 | &nbsp;&nbsp; 3 | &nbsp;&nbsp; — | &nbsp;&nbsp; 452 | &nbsp;&nbsp; — |
| Emerging Markets <br> Targeted Value Portfolio<br>| 5.14<br> %<br>| &nbsp;&nbsp; 2047 | &nbsp;&nbsp; 4 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 4008 | &nbsp;&nbsp; — |
| Emerging Markets ex <br> China Core Equity <br> Portfolio<br>| 5.10<br> %<br>| &nbsp;&nbsp; 10244 | &nbsp;&nbsp; 94 | &nbsp;&nbsp; 136 | &nbsp;&nbsp; 150638 | &nbsp;&nbsp; $3422 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2025, that each Portfolio's available line of credit was used. 

Pursuant to an exemptive order issued by the SEC (the "Order"), the Portfolios may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day's notice.

842

------

For the year ended October 31, 2025, activity by the Portfolios under the interfund lending program was as follows (amounts in thousands, except percentages and days):

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Borrower or**<br> **Lender**<br>| **Weighted**<br> **Average**<br> **Interest Rate**<br>| **Weighted**<br> **Average Loan**<br> **Balance**<br>| **Number of**<br> **Days**<br> **Outstanding\***<br>| **Interest**<br> **Expense/**<br> **Income**<br>| **Maximum Amount**<br> **Borrowed/Loaned**<br> **During the Period**<br>| **Outstanding**<br> **Borrowings**<br> **as of 10/31/2025**<br>|
| World ex <br> U.S. Core <br> Equity <br> Portfolio<br>| &nbsp;&nbsp; Borrower | 4.70<br> %<br>| &nbsp;&nbsp; $117595 | &nbsp;&nbsp; 6 | &nbsp;&nbsp; $92 | &nbsp;&nbsp; $148629 | &nbsp;&nbsp; — |
| Emerging <br> Markets <br> Core <br> Equity 2 <br> Portfolio<br>| &nbsp;&nbsp; Borrower | 4.90<br> %<br>| &nbsp;&nbsp; 201567 | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 83 | &nbsp;&nbsp; 310806 | &nbsp;&nbsp; — |
| Emerging <br> Markets ex <br> China Core <br> Equity <br> Portfolio<br>| &nbsp;&nbsp; Borrower | 4.70<br> %<br>| &nbsp;&nbsp; 27595 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 7 | &nbsp;&nbsp; 28424 | &nbsp;&nbsp; — |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2025 that the Portfolios utilized the interfund lending program. 

**I. Affiliated Trades:**

Cross trades for the year ended October 31, 2025, if any, were executed by the Portfolios pursuant to procedures adopted by the Board to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of having a common investment advisor (or affiliated investment advisors), common Directors and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Portfolios complied with the Rule 17a-7 Procedures adopted by the Board.

For the year ended October 31, 2025, cross trades by the Portfolios under Rule 17a-7 were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio** | **Purchases** | **Sales** | **Realized Gain (Loss)** |
| Large Cap International Portfolio | &nbsp;&nbsp; $159353 | &nbsp;&nbsp; $165032 | &nbsp;&nbsp; $6034 |
| International Core Equity 2 Portfolio | &nbsp;&nbsp; 177125 | &nbsp;&nbsp; 345855 | &nbsp;&nbsp; (104852)<br>|
| DFA Global Real Estate Securities Portfolio | &nbsp;&nbsp; 23704 | &nbsp;&nbsp; 77968 | &nbsp;&nbsp; (15585)<br>|
| DFA International Small Cap Value Portfolio | &nbsp;&nbsp; 312108 | &nbsp;&nbsp; 139193 | &nbsp;&nbsp; 6031 |
| International Vector Equity Portfolio | &nbsp;&nbsp; 39935 | &nbsp;&nbsp; 63828 | &nbsp;&nbsp; (6966)<br>|
| International High Relative Profitability Portfolio | &nbsp;&nbsp; 38015 | &nbsp;&nbsp; 39375 | &nbsp;&nbsp; (500)<br>|
| World ex U.S. Core Equity Portfolio | &nbsp;&nbsp; 21300 | &nbsp;&nbsp; 54268 | &nbsp;&nbsp; (9063)<br>|
| World ex U.S. Targeted Value Portfolio | &nbsp;&nbsp; 13101 | &nbsp;&nbsp; 33803 | &nbsp;&nbsp; 3928 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; 2112 | &nbsp;&nbsp; 1883 | &nbsp;&nbsp; (2183)<br>|
| Emerging Markets Targeted Value Portfolio | &nbsp;&nbsp; 291 | &nbsp;&nbsp; 613 | &nbsp;&nbsp; (263)<br>|
| Emerging Markets ex China Core Equity Portfolio | &nbsp;&nbsp; 1001 | &nbsp;&nbsp; 467 | &nbsp;&nbsp; (434)<br>|

---

843

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**J. Securities Lending:** 

As of October 31, 2025, some of the Portfolios had securities on loan to brokers/dealers, for which each such Portfolio received cash collateral. The contractual maturity of cash collateral received under the securities lending agreement is classified as overnight and continuous. The Portfolios also received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amounts in thousands):

---

| | |
|:---|:---|
|  | **Non-Cash**<br> **Collateral**<br> **Market**<br> **Value**<br>|
| Large Cap International Portfolio | &nbsp;&nbsp; $70077 |
| International Core Equity 2 Portfolio | &nbsp;&nbsp; 664752 |
| DFA International Real Estate Securities Portfolio | &nbsp;&nbsp; 60167 |
| DFA Global Real Estate Securities Portfolio | &nbsp;&nbsp; 468 |
| DFA International Small Cap Value Portfolio | &nbsp;&nbsp; 176342 |
| International Vector Equity Portfolio | &nbsp;&nbsp; 78485 |
| International High Relative Profitability Portfolio | &nbsp;&nbsp; 14154 |
| World ex U.S. Core Equity Portfolio | &nbsp;&nbsp; 106671 |
| World ex U.S. Targeted Value Portfolio | &nbsp;&nbsp; 17101 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; 2370731 |
| Emerging Markets Targeted Value Portfolio | &nbsp;&nbsp; 9605 |
| Emerging Markets ex China Core Equity Portfolio | &nbsp;&nbsp; 41684 |

---

Each Portfolio invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Portfolio's collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Portfolio or, at the option of the lending agent, to replace the securities. In the event of the bankruptcy of the borrower, a Portfolio could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

Subject to their stated investment policies, each Portfolio with securities on loan will generally invest the cash collateral received for the loaned securities in the Short Term Series, an affiliated registered ultrashort term bond fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Short Term Series. Income received from the Short Term Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. Each Portfolio also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, each Portfolio will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

844

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**K. Indemnitees; Contractual Obligations:**

Under the Fund's organizational documents, its Officers and Directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

**L. In-Kind Redemptions:**

During the year ended October 31, 2025, the Portfolios listed below realized net gains (losses) on in-kind redemptions as follows (amounts in thousands):

---

| | |
|:---|:---|
| Large Cap International Portfolio  | &nbsp;&nbsp; $109521 |
| International Core Equity 2 Portfolio  | &nbsp;&nbsp; 165584 |
| DFA Global Real Estate Securities Portfolio  | &nbsp;&nbsp; 1686 |
| DFA International Small Cap Value Portfolio  | &nbsp;&nbsp; 391567 |
| International Vector Equity Portfolio  | &nbsp;&nbsp; 38555 |
| International High Relative Profitability Portfolio  | &nbsp;&nbsp; 28298 |
| World ex U.S. Core Equity Portfolio  | &nbsp;&nbsp; 5043 |
| World ex U.S. Targeted Value Portfolio  | &nbsp;&nbsp; 4551 |
| Emerging Markets Core Equity 2 Portfolio  | &nbsp;&nbsp; 6490 |

---

**M. Segment Reporting:**

In this reporting period, the Portfolios adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect each Portfolio's financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Fund's Co-Chief Executive Officers and the Chief Financial Officer act as the Portfolios' CODM. Each Portfolio represents a single operating segment, as the CODM monitors the operating results of the Portfolio as a whole. Each Portfolio's long-term strategic asset allocation is executed by its portfolio management team and guided by each Portfolio's investment objective and principal investment strategies, as described in each Portfolio's respective prospectus. The financial information provided to and reviewed by the CODM is consistent with that presented in each Portfolio's Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**N. New Accounting Pronouncement:**

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) – Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

845

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**O. Other:**

As of October 31, 2025, the following number of shareholders, each holding greater than 5%, held the following approximate percentages of the Portfolios' outstanding shares. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors. Significant shareholder transactions by these shareholders, if any, may impact the Portfolios' performance.

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of** <br>**Shareholders**<br>| **Approximate** <br>**Percentage of** <br>**Outstanding Shares**<br>| **Approximate Percentage** <br>**of Outstanding Shares** <br>**Held by Advisor** <br>**and/or Affiliates**<br>|
| Large Cap International Portfolio | &nbsp;&nbsp; 4 | &nbsp;&nbsp; 75<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| International Core Equity 2 Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 71<br> %<br>| &nbsp;&nbsp; 5<br> %<br>|
| Global Small Company Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 75<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| International Small Company Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 80<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| Japanese Small Company Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 84<br> %<br>| &nbsp;&nbsp; 10<br> %<br>|
| Asia Pacific Small Company Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 91<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| United Kingdom Small Company Portfolio | &nbsp;&nbsp; 4 | &nbsp;&nbsp; 96<br> %<br>| &nbsp;&nbsp; 41<br> %<br>|
| Continental Small Company Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 90<br> %<br>| &nbsp;&nbsp; 27<br> %<br>|
| DFA International Real Estate Securities Portfolio | &nbsp;&nbsp; 4 | &nbsp;&nbsp; 96<br> %<br>| &nbsp;&nbsp; 60<br> %<br>|
| DFA Global Real Estate Securities Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 67<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| DFA International Small Cap Value Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 77<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| International Vector Equity Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 91<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| International High Relative Profitability Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 86<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| World ex U.S. Value Portfolio | &nbsp;&nbsp; 5 | &nbsp;&nbsp; 76<br> %<br>| &nbsp;&nbsp; 6<br> %<br>|
| World ex U.S. Core Equity Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 72<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| World ex U.S. Targeted Value Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 96<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| World Core Equity Portfolio | &nbsp;&nbsp; 4 | &nbsp;&nbsp; 86<br> %<br>| &nbsp;&nbsp; 6<br> %<br>|
| Selectively Hedged Global Equity Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 82<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| Emerging Markets Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 63<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| Emerging Markets Small Cap Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 67<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| Emerging Markets Value Portfolio | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 52<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 62<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| Emerging Markets Targeted Value Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 93<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|
| Emerging Markets ex China Core Equity Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 76<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|

---

The Portfolios are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Portfolios, individually or in aggregate, will not have a material adverse impact on the Portfolios' financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**P. ReFlow Redemption Service:**

A Portfolio may participate in the ReFlow liquidity program, which is designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their shares. Pursuant to the program, ReFlow Fund, LLC ("ReFlow") provides participating mutual funds with a source of cash to meet net shareholder redemptions by standing ready each business day to purchase fund shares up to the value of the net shares redeemed by other shareholders that are expected to settle that business day. A fund is not guaranteed to receive cash from ReFlow on any given day as the allocation of ReFlow's cash is based on the results of ReFlow's automated daily auction process among participating mutual funds. Following purchases of fund shares, ReFlow then generally redeems those shares

846

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when the fund experiences net shareholder purchases at the end of a maximum holding period, currently 8 days, determined by ReFlow, or at other times at ReFlow's discretion. While ReFlow holds fund shares, it will have the same rights and privileges with respect to those shares as any other shareholder.

For use of the ReFlow program, a fund pays a fee to ReFlow each time it purchases fund shares, calculated by applying to the purchase amount a fee rate determined through the auction process. The current minimum fee rate (which is subject to change) is 0.14% of the value of the fund shares purchased by ReFlow, although the fund may submit a bid at a higher fee rate if it determines that doing so is in the best interest of fund shareholders. ReFlow's purchases of fund shares through the liquidity program are made on an investment-blind basis without regard to the fund's objective, policies, or anticipated performance. In accordance with federal securities laws, ReFlow is prohibited from acquiring more than 3% of the outstanding voting securities of a fund. ReFlow will periodically redeem its entire share position in the Portfolio and may request that such redemption be met in kind in accordance with redemption in-kind policies described in the Portfolio's Prospectus. If the Portfolio is part of a "master-feeder" structure, then the "feeder" Portfolio does not generally buy individual securities directly. Instead, the feeder Portfolio invests in a corresponding "master" Portfolio that in turn purchases stocks and other securities. Under a master-feeder structure, ReFlow redemptions and subscriptions take place at the feeder level, where the capital commitments are pooled, and securities are redeemed at the master level, where the securities are held. As a result, realized gains or losses will be reflected in the master Portfolio's financial statements. Purchases and redemptions of Portfolio shares by ReFlow under the program are not considered excessive short-term trading under the Portfolios' Policy Regarding Excessive Short-Term Trading.

For the year ended October 31, 2025, the Portfolios' activity in the program is listed below (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Value of** <br> **Purchases**<br>| **Service Fees** |
| Large Cap International Portfolio | &nbsp;&nbsp; $203066 | &nbsp;&nbsp; $284 |
| International Core Equity 2 Portfolio | &nbsp;&nbsp; 261339 | &nbsp;&nbsp; 359 |
| DFA Global Real Estate Securities Portfolio | &nbsp;&nbsp; 4523 | &nbsp;&nbsp; 6 |
| DFA International Small Cap Value Portfolio | &nbsp;&nbsp; 553242 | &nbsp;&nbsp; 775 |
| International Vector Equity Portfolio | &nbsp;&nbsp; 64441 | &nbsp;&nbsp; 91 |
| International High Relative Profitability Portfolio | &nbsp;&nbsp; 70248 | &nbsp;&nbsp; 97 |
| World ex U.S. Core Equity Portfolio | &nbsp;&nbsp; 11167 | &nbsp;&nbsp; 16 |
| World ex U.S. Targeted Value Portfolio | &nbsp;&nbsp; 5908 | &nbsp;&nbsp; 9 |
| Emerging Markets Core Equity 2 Portfolio | &nbsp;&nbsp; 9985 | &nbsp;&nbsp; 14 |

---

**Q. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Portfolios through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

847

------

**Report of Independent Registered Public Accounting Firm**

To the Board of Directors of DFA Investment Dimensions Group Inc. and Shareholders of each of the twenty-four portfolios listed in the table below

**Opinions on the Financial Statements**

We have audited the accompanying statements of assets and liabilities, including the schedules of investments, of each of the portfolios indicated in the table below (twenty-four of the portfolios constituting DFA Investment Dimensions Group Inc., hereafter collectively referred to as the "Portfolios") as of October 31, 2025, the related statements of operations for the year ended October 31, 2025, the statements of changes in net assets for each of the two years in the period ended October 31, 2025, including the related notes, and the financial highlights for each of the periods indicated therein (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Portfolios as of October 31, 2025, the results of each of their operations for the year then ended, the changes in each of their net assets for each of the two years in the period ended October 31, 2025, and each of the financial highlights for each of the periods indicated therein, in conformity with accounting principles generally accepted in the United States of America.

---

| | |
|:---|:---|
| **Portfolio** | **Portfolio** |
| Large Cap International Portfolio<br> International Core Equity 2 Portfolio<br> Global Small Company Portfolio<br> International Small Company Portfolio<br> Japanese Small Company Portfolio<br> Asia Pacific Small Company Portfolio <br> United Kingdom Small Company Portfolio<br> Continental Small Company Portfolio <br> DFA International Real Estate Securities Portfolio<br> DFA Global Real Estate Securities Portfolio <br> DFA International Small Cap Value Portfolio<br> International Vector Equity Portfolio | International High Relative Profitability Portfolio<br> World ex U.S. Value Portfolio <br> World ex U.S. Core Equity Portfolio<br> World ex U.S. Targeted Value Portfolio<br> World Core Equity Portfolio <br> Selectively Hedged Global Equity Portfolio<br> Emerging Markets Portfolio <br> Emerging Markets Small Cap Portfolio<br> Emerging Markets Value Portfolio<br> Emerging Markets Core Equity 2<br> Portfolio Emerging Markets Targeted Value Portfolio <br> Emerging Markets ex China Core Equity Portfolio |

---

**Basis for Opinions**

These financial statements are the responsibility of the Portfolios' management. Our responsibility is to express an opinion on the Portfolios' financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Portfolios in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2025 by correspondence with the custodians, brokers and transfer agents of the investee funds; when replies

PricewaterhouseCoopers LLP, Two Commerce Square, Suite 1700, 2001 Market Street, Philadelphia, PA 19103-7042 T: (267) 330 3000, www.pwc.com/us

848

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![](logo_01.jpg)

were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.

/s/ PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania

December 19, 2025

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

849

------

**DFA International Value Portfolio**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value†** |
| AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) | AFFILIATED INVESTMENT COMPANIES — (100.0%) |
| INTERNATIONAL EQUITIES — (100.0%) | INTERNATIONAL EQUITIES — (100.0%) | INTERNATIONAL EQUITIES — (100.0%) |
| The DFA International Value Series |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $11651646637 |
| TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $11651646637 |

---

Summary of the Portfolio's Master Fund's investments as of October 31, 2025, based on their valuation inputs, is located in this report (See Security Valuation Note).

See accompanying Notes to Financial Statements.

850

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENT OF ASSETS AND LIABILITIES**

**October 31, 2025**

**(Amounts in thousands, except share and per share amounts)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
|  | **DFA**<br> **International**<br> **Value Portfolio**<br>|
| **ASSETS:** |  |
| Investments in Affiliated Investment Company at Value | $11651647 |
| Receivables: |  |
| Fund Shares Sold | 12422 |
| Prepaid Expenses and Other Assets  | 51 |
| Total Assets | 11664120 |
| **LIABILITIES:** |  |
| Payables: |  |
| Fund Shares Redeemed | 6135 |
| Due to Advisor | 385 |
| Accrued Expenses and Other Liabilities | 441 |
| Total Liabilities | 6961 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |
| **NET ASSETS** | $11657159 |
| **NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:**  |  |
| Institutional Class Shares — based on shares outstanding of 430,828,395, $0.01 Par Value (1) | **$27.06** |
| (1) NUMBER OF SHARES AUTHORIZED | 1500000000 |
| **NET ASSETS CONSIST OF:** |  |
| Paid-In Capital | $7727790 |
| Total Distributable Earnings (Loss) | 3929369 |
| **NET ASSETS** | $11657159 |

---

See accompanying Notes to Financial Statements.

851

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENT OF OPERATIONS**

**FOR THE YEAR ENDED October 31, 2025**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
|  | **DFA**<br> **International**<br> **Value Portfolio**<br>|
| **Investment Income** |  |
| Net Investment Income Allocated from Affiliated Investment Companies: |  |
| Dividends (Net of Foreign Taxes Withheld of $34,408) | $400917 |
| Income from Securities Lending, Net | 2641 |
| Expenses Allocated from Affiliated Investment Companies | (21349)<br>|
| Total Net Investment Income Allocated from Affiliated Investment Companies | 382209 |
| **Fund Expenses** |  |
| Investment Management Fees | 25155 |
| Accounting & Transfer Agent Fees | 1343 |
| Filing Fees | 99 |
| Shareholders' Reports | 269 |
| Directors'/Trustees' Fees & Expenses | 76 |
| Professional Fees | 67 |
| Previously Waived Fees Recovered by Advisor (Note C) | 192 |
| Other | 555 |
| Total Fund Expenses | 27756 |
| Fees Waived, Expenses Reimbursed by Advisor (Note C) | 20511 |
| Net Expenses | 7245 |
| **Net Investment Income (Loss)** | 374964 |
| **Realized and Unrealized Gain (Loss)** |  |
| Net Realized Gain (Loss) on: |  |
| Transactions Allocated from Affiliated Investment Company | 134859 |
| Change in Unrealized Appreciation (Depreciation) of: |  |
| Transactions Allocated from Affiliated Investment Company | 2334151 |
| **Net Realized and Unrealized Gain (Loss)** | 2469010 |
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $2843974 |

---

See accompanying Notes to Financial Statements.

852

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **DFA International Value**<br> **Portfolio** | **DFA International Value**<br> **Portfolio** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
| **Increase (Decrease) in Net Assets** |  |  |
| Operations: |  |  |
| Net Investment Income Allocated from Affiliated Investment Company | $374964 | $341571 |
| Net Realized Gain (Loss) on: |  |  |
| Transactions Allocated from Affiliated Investment Company | 134859 | 156757 |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |
| Transactions Allocated from Affiliated Investment Company | 2334151 | 1272924 |
| Net Increase (Decrease) in Net Assets Resulting from Operations | 2843974 | 1771252 |
| Distributions: |  |  |
| Institutional Class Shares | (357521)<br>| (390125)<br>|
| Capital Share Transactions (1): |  |  |
| Shares Issued | 2274439 | 1603991 |
| Shares Issued in Lieu of Cash Distributions | 349963 | 382627 |
| Shares Redeemed | (2268912)<br>| (2790656)<br>|
| Net Increase (Decrease) from Capital Share Transactions | 355490 | (804038)<br>|
| Total Increase (Decrease) in Net Assets | 2841943 | 577089 |
| **Net Assets** |  |  |
| Beginning of Year | 8815216 | 8238127 |
| End of Year | $11657159 | $8815216 |
| **(1) Shares Issued and Redeemed:** |  |  |
| Shares Issued | 96181 | 76529 |
| Shares Issued in Lieu of Cash Distributions | 14473 | 18501 |
| Shares Redeemed  | (95207)<br>| (133019)<br>|
| Net Increase (Decrease) from Shares Issued and Redeemed | 15447 | (37989)<br>|

---

See accompanying Notes to Financial Statements.

853

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**FINANCIAL HIGHLIGHTS**

**(for a share outstanding throughout each period)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **DFA International Value Portfolio** | **DFA International Value Portfolio** | **DFA International Value Portfolio** | **DFA International Value Portfolio** | **DFA International Value Portfolio** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Net Asset Value, Beginning of Year | $21.22 | $18.17 | $16.19 | $19.80 | $13.54 |
| <u>Income from Investment Operations (A)</u> |  |  |  |  |  |
| Net Investment Income (Loss)  | 0.88 | 0.78 | 0.80 | 0.79 | 0.62 |
| Net Gains (Losses) on Securities (Realized and Unrealized)  | 5.80 | 3.17 | 1.96 | (3.49) | 6.23 |
| Total from Investment Operations  | 6.68 | 3.95 | 2.76 | (2.70) | 6.85 |
| <u>Less Distributions:</u>  |  |  |  |  |  |
| Net Investment Income  | (0.84) | (0.90) | (0.78) | (0.87) | (0.59) |
| Net Realized Gains  |  |  |  | (0.04) |  |
| Total Distributions  | (0.84) | (0.90) | (0.78) | (0.91) | (0.59) |
| Net Asset Value, End of Year | $27.06 | $21.22 | $18.17 | $16.19 | $19.80 |
| Total Return  | 32.03% | 21.92% | 16.93% | (13.90%) | 50.90% |
| Net Assets, End of Year (thousands)  | $11657159 | $8815216 | $8238127 | $7492497 | $8312480 |
| Ratio of Expenses to Average Net Assets (B) | 0.28% | 0.29% | 0.29% | 0.30% | 0.36% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Waived, <br> Expenses Reimbursed by Advisor) (B)<br>| 0.48% | 0.49% | 0.49% | 0.50% | 0.56% |
| Ratio of Net Investment Income to Average Net Assets  | 3.73% | 3.75% | 4.27% | 4.30% | 3.36% |
| Portfolio Turnover Rate  | 13% | 13% | 13% | 15% | 9% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

854

------

**DIMENSIONAL INVESTMENT GROUP INC.**

**NOTES TO FINANCIAL STATEMENTS**

**A. Organization:** 

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"), whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of ten portfolios, one of which, the DFA International Value Portfolio (the "Portfolio"), is presented in this section of the report. The remaining operational portfolios are presented in separate reports. The Portfolio is an investment company, and accordingly, follows the accounting and reporting guidance under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services-Investment Companies."

The Portfolio invests substantially all of its assets in The DFA International Value Series (the "Series"), a corresponding series of The DFA Investment Trust Company. As of October 31, 2025, the Portfolio owned 71% of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

**B. Significant Accounting Policies:**

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Portfolio uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

The Portfolio's investment reflects its proportionate interests in the net assets of the Series. The valuation is classified as Level 1 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Directors (the "Board") of the Fund. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP (the "Advisor")) occur before the net asset value of the Portfolio is calculated. When fair value pricing is used, the prices of securities used by the Portfolio may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

A summary of the inputs used to value the Portfolio's investments by each major security type, industry and/or country is disclosed previously in this note. The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

855

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Portfolio, and advised by the Advisor: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity 2 Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity 2 Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses.

The Directors may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Director shall have the right in a notice of election (the "Notice") to defer the receipt of the Director's deferred compensation until a date specified by such Director in the Notice. The date may not be sooner than the earlier of: (i)the first business day of January following the year in which such Director ceases to be a member of the Board; and (ii) five years following the effective date of the Director's first deferral election. If a Director who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Director's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Director ceases to be a member of the Board (unless the Director files an amended Notice selecting a different distribution date).

3. Other: The Portfolio recognizes its pro-rata share, on a daily basis, of net investment income and realized and unrealized gains and losses of investment securities from the Series, which is treated as a partnership for federal income tax purposes. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolio estimates the character of received distributions that may be considered return of capital distributions. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund or the Portfolio are allocated using methods approved by the Board, generally based on average net assets.

**C. Investment Advisor:**

The Advisor provides investment management services to the Portfolio. For the year ended October 31, 2025, the Portfolio's investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

---

| | |
|:---|:---|
| DFA International Value Portfolio | 0.25<br> %<br>|

---

Pursuant to an Amended and Restated Fee Waiver and/or Expense Assumption Agreement (the "Fee Waiver Agreement"), the Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent necessary to limit the total management fees paid to the Advisor by the Portfolio, as described in the notes below. In addition to the permanent fee waiver, the Advisor has contractually agreed to waive certain fees, and in certain instances, assume certain expenses of the Portfolio, as described in the notes below. The Fee Waiver Agreement, with respect to the total management fees paid to the Advisor, will remain in effect permanently, unless terminated by the Portfolio's Board of Directors. The remaining portion of the Fee Waiver Agreement will remain in effect through February 28, 2026, may only be terminated by the Fund's Board prior to that date and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. During the year ended October 31, 2025, the Portfolio had an expense limit and total management fee limit based on a percentage of its average net assets on an annualized basis, as reflected below. The recovered previously waived fees/assumed expenses during the year ended October 31, 2025, waived fees/assumed expenses during the year ended October 31, 2025, and previously waived fees/assumed expenses subject to future recovery by the Advisor, are reflected below (amounts in thousands).

856

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Institutional Class Shares**  | **Expense**<br> **Limitation**<br> **Amount**<br>| **Total**<br> **Management**<br> **Fee Limit**<br>| **Recovery**<br> **of Previously**<br> **Waived Fees/**<br> **Assumed Expenses**<br>| **Waived Fees/**<br> **Assumed**<br> **Expenses**<br>|
| DFA International Value Portfolio (1) | 0.28<br> %<br>| 0.25<br> %<br>| $192 | $20511 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

(1) The Advisor has contractually agreed to permanently waive all or a portion of the management fee of the Portfolio to the extent <br> necessary to limit the total management fees paid to the Advisor by the Portfolio, including the proportionate share of the management fees the <br> Portfolio pays indirectly through its investment in other funds managed by the Advisor, except for the fees paid indirectly through its investment <br> of securities lending cash collateral in The DFA Short Term Investment Fund, to the rate listed above as a percentage of the average net assets <br> of a class of the Portfolio on an annualized basis (the "Permanent Fee Waiver"). In addition to the Permanent Fee Waiver, effective February 28, <br> 2025, the Advisor has contractually agreed to further waive all or a portion of its management fee and to assume the other expenses of a class <br> of the Portfolio (including expenses incurred through its investment in other investment companies managed by the Advisor, except for the <br> expenses that the Portfolio incurs indirectly through investments of securities lending cash collateral in Short Term Series and unaffiliated money <br> market funds) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of each class of the Portfolio to the rate listed above <br> as a percentage of the average net assets of each class of the Portfolio on an annualized basis (the "Expense Limitation Amount"). Prior to <br> February 28, 2025, the Advisor had contractually agreed to further waive all or a portion of its management fee and to assume the other direct <br> expenses of a class of the Portfolio (excluding expenses incurred through its investment in other investment companies managed by the Advisor) <br> ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of each class of the Portfolio to the Expense Limitation Amount. At <br> any time that the Portfolio Expenses of a class of the Portfolio are less than the applicable Expense Limitation Amount/Total Management Fee <br> Limit listed above for the Portfolio, the Advisor retains the right to recover fees previously waived and/or expenses previously assumed to the <br> extent that the expense ratio following such recovery would be less than the Expense Limitation Amount/Total Management Fee Limit that was <br> in place when such prior year fees were waived and/or expenses assumed, and less than the current Expense Limitation Amount/Total <br> Management Fee Limit in place for the Portfolio. The Advisor, however, will not be reimbursed by the Portfolio in connection with its Permanent <br> Fee Waiver. The Fund, on behalf of the Portfolio, is also not obligated to reimburse the Advisor for fees previously waived or expenses previously <br> assumed by the Advisor more than thirty-six months before the date of recovery.<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Previously**<br> **Waived Fees/Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** | **Previously**<br> **Waived Fees/Assumed Expenses**<br> **Subject to Future**<br> **Recovery**<br> **Expiring** |
|  | **10/31/2026** | **10/31/2027** | **10/31/2028** | **Total** |
| DFA International Value Portfolio | &nbsp;&nbsp; $— | $— | $340 | $340 |

---

**Fees Paid to Officers and Directors/Trustees:**

Certain Officers and Directors of the Advisor are also Officers and Directors of the Fund; however, such Officers and Directors (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the year ended October 31, 2025, the total related amounts paid by the Fund to the CCO were $26 (in thousands). The total related amounts paid by the Portfolio are included in Other Expenses on the Statement of Operations.

**D. Deferred Compensation:** 

As of October 31, 2025, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amount in thousands):

---

| | |
|:---|:---|
| DFA International Value Portfolio | &nbsp;&nbsp; $140 |

---

**E. Federal Income Taxes:** 

The Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under GAAP. These book/tax differences are either temporary or permanent in nature. To the extent that these differences are permanent, they are

857

------

charged or credited to paid-in capital or distributable earnings, undistributed net investment income, accumulated net realized gains or losses, or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the permanent differences as of October 31, 2025, can occur as a result of realized gains on securities considered to be "passive foreign investment companies", non-deductible expenses, realized foreign capital gains tax, the use of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, redemption in-kind transactions, net foreign currency gains/losses, distributions received from real estate investment trusts and distribution redesignations, and were reclassified to the accounts mentioned above.

The tax character of dividends and distributions declared and paid during the years ended October 31, 2024, and October 31, 2025, were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
|  | **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Long-Term**<br> **Capital Gains**<br>| **Total** |
| DFA International Value Portfolio |  |  |  |
| 2024 | &nbsp;&nbsp; $390125 | &nbsp;&nbsp; — | &nbsp;&nbsp; $390125 |
| 2025 | &nbsp;&nbsp; 357521 | &nbsp;&nbsp; — | &nbsp;&nbsp; 357521 |

---

As of October 31, 2025, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Undistributed**<br> **Net Investment**<br> **Income and**<br> **Short-Term**<br> **Capital Gains**<br>| **Undistributed**<br> **Long-Term**<br> **Capital Gains**<br>| **Capital Loss**<br> **Carryforwards**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>| **Total Net**<br> **Distributable**<br> **Earnings**<br> **(Accumulated**<br> **Losses)**<br>|
| DFA International Value Portfolio | &nbsp;&nbsp; $183885 | &nbsp;&nbsp; — | &nbsp;&nbsp; $(58660)<br>| &nbsp;&nbsp; $3804328 | &nbsp;&nbsp; $3929553 |

---

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2025, the Portfolio had the following capital loss carryforwards available to offset future realized capital gains with no expiration date (amount in thousands):

---

| | |
|:---|:---|
|  | **Total** |
| DFA International Value Portfolio | &nbsp;&nbsp; $58660 |

---

During the year ended October 31, 2025, the Portfolio used the following capital loss carryforwards to offset realized capital gains for federal income tax purposes (amount in thousands):

---

| | |
|:---|:---|
| DFA International Value Portfolio | &nbsp;&nbsp; $23502 |

---

As of October 31, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| DFA International Value Portfolio | &nbsp;&nbsp; $7849455 | &nbsp;&nbsp; $3802192 | &nbsp;&nbsp; — | &nbsp;&nbsp; $3802192 |

---

858

------

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Portfolio recognizes the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Portfolio's tax positions and has concluded that no additional provision for income tax is required in the Portfolio's financial statements. The Portfolio is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Portfolio's federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

**F. Indemnitees; Contractual Obligations:**

Under the Fund's organizational documents, its Officers and Directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

**G. Segment Reporting:**

In this reporting period, the Portfolio adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect the Portfolio's financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Fund's Co-Chief Executive Officers and the Chief Financial Officer act as the Portfolio's CODM. The Portfolio represents a single operating segment, as the CODM monitors the operating results of the Portfolio as a whole. The Portfolio's long-term strategic asset allocation is executed by its portfolio management team and guided by the Portfolio's investment objective and principal investment strategies, as described in the Portfolio's prospectus. The financial information provided to and reviewed by the CODM is consistent with that presented in the Portfolio's Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**H. New Accounting Pronouncement:**

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) – Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**I. Other:**

As of October 31, 2025, the following number of shareholders, each holding greater than 5%, held the following approximate percentages of the Portfolio's outstanding shares. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors. Significant shareholder transactions by these shareholders, if any, may impact the Portfolio's performance.

859

------

---

| | | | |
|:---|:---|:---|:---|
|  | **Number of** <br>**Shareholders**<br>| **Approximate** <br>**Percentage of** <br>**Outstanding Shares**<br>| **Approximate Percentage** <br>**of Outstanding Shares** <br>**Held by Advisor** <br>**and/or Affiliates**<br>|
| DFA International Value Portfolio | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 58<br> %<br>| &nbsp;&nbsp; 0<br> %<br>|

---

The Portfolio is subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Portfolio, individually or in aggregate, will not have a material adverse impact on the Portfolio's financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**J. ReFlow Redemption Service:**

The Portfolio may participate in the ReFlow liquidity program, which is designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their shares. Pursuant to the program, ReFlow Fund, LLC ("ReFlow") provides participating mutual funds with a source of cash to meet net shareholder redemptions by standing ready each business day to purchase fund shares up to the value of the net shares redeemed by other shareholders that are expected to settle that business day. A fund is not guaranteed to receive cash from ReFlow on any given day as the allocation of ReFlow's cash is based on the results of ReFlow's automated daily auction process among participating mutual funds. Following purchases of fund shares, ReFlow then generally redeems those shares when the fund experiences net shareholder purchases at the end of the maximum holding period, currently 8 days, determined by ReFlow, or at other times at ReFlow's discretion. While ReFlow holds fund shares, it will have the same rights and privileges with respect to those shares as any other shareholder.

For use of the ReFlow program, a fund pays a fee to ReFlow each time it purchases fund shares, calculated by applying to the purchase amount a fee rate determined through the auction process. The current minimum fee rate (which is subject to change) is 0.14% of the value of the fund shares purchased by ReFlow, although the fund may submit a bid at a higher fee rate if it determines that doing so is in the best interest of fund shareholders. ReFlow's purchases of fund shares through the liquidity program are made on an investment-blind basis without regard to the fund's objective, policies, or anticipated performance. In accordance with federal securities laws, ReFlow is prohibited from acquiring more than 3% of the outstanding voting securities of a fund. ReFlow will periodically redeem its entire share position in the Portfolio and may request that such redemption be met in kind in accordance with redemption in-kind policies described in the Portfolio's Prospectus. Purchases and redemptions of Portfolio shares by ReFlow under the program are not considered excessive short-term trading under the Portfolio's Policy Regarding Excessive Short-Term Trading.

During the year ended October 31, 2025, the Portfolio's activity in the program was as follows (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Value of** <br> **Purchases**<br>| **Service Fees** |
| DFA International Value Portfolio | &nbsp;&nbsp; $322414 | &nbsp;&nbsp; $450 |

---

**K. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Portfolio through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

860

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![](logo_01.jpg)

**Report of Independent Registered Public Accounting Firm**

To the Board of Directors of Dimensional Investment Group Inc. and Shareholders of DFA International Value Portfolio

**Opinion on the Financial Statements**

We have audited the accompanying statement of assets and liabilities, including the schedule of investments, of DFA International Value Portfolio (one of the portfolios constituting Dimensional Investment Group Inc., referred to hereafter as the "Portfolio") as of October 31, 2025, the related statement of operations for the year ended October 31, 2025, the statement of changes in net assets for each of the two years in the period ended October 31, 2025, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2025 (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Portfolio as of October 31, 2025, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended October 31, 2025 and the financial highlights for each of the five years in the period ended October 31, 2025 in conformity with accounting principles generally accepted in the United States of America.

**Basis for Opinion**

These financial statements are the responsibility of the Portfolio's management. Our responsibility is to express an opinion on the Portfolio's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Portfolio in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial

PricewaterhouseCoopers LLP, Two Commerce Square, Suite 1700, 2001 Market Street, Philadelphia, PA 19103-7042 T: (267) 330 3000, www.pwc.com/us

861

------

![](logo_01.jpg)

statements. Our procedures included confirmation of the security owned as of October 31, 2025 by correspondence with the transfer agent of the investee fund. We believe that our audits provide a reasonable basis for our opinion.

/s/ PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania

December 19, 2025

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

862

------

**The DFA International Value Series**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (98.1%) | COMMON STOCKS — (98.1%) | COMMON STOCKS — (98.1%) | COMMON STOCKS — (98.1%) |
| AUSTRALIA — (5.6%) | AUSTRALIA — (5.6%) | AUSTRALIA — (5.6%) | AUSTRALIA — (5.6%) |
| # | Ampol Ltd. | 149749 | $3008403 |
|  | Ansell Ltd. | 19794 | 472882 |
|  | ANZ Group Holdings <br> Ltd.<br>| 3720839 | 89120423 |
|  | Aurizon Holdings Ltd. | 1818967 | 4080839 |
|  | Bendigo & Adelaide <br> Bank Ltd.<br>| 1005936 | 8321072 |
| # | BlueScope Steel Ltd. | 2726750 | 40795299 |
|  | Challenger Ltd. | 914542 | 5566767 |
|  | Cleanaway Waste <br> Management Ltd.<br>| 4820991 | 8036775 |
|  | Dyno Nobel Ltd. | 4245410 | 8933930 |
| # | Endeavour Group Ltd. | 1835139 | 4390484 |
|  | Evolution Mining Ltd. | 5432265 | 38441772 |
|  | Fortescue Ltd. | 2565821 | 35683458 |
|  | Harvey Norman <br> Holdings Ltd.<br>| 2551308 | 12057722 |
| \* | Mineral Resources <br> Ltd.<br>| 19021 | 600730 |
|  | National Australia Bank <br> Ltd.<br>| 4652703 | 132648815 |
|  | Northern Star <br> Resources Ltd.<br>| 1216186 | 19610796 |
|  | Orica Ltd. | 1865299 | 27122081 |
|  | Origin Energy Ltd. | 3452895 | 27670877 |
|  | Perseus Mining Ltd. | 737041 | 2339345 |
|  | QBE Insurance Group <br> Ltd.<br>| 2142274 | 27795092 |
| # | Ramsay Health Care <br> Ltd.<br>| 30428 | 638380 |
|  | Rio Tinto Ltd. | 780706 | 67785776 |
| \* | Sandfire Resources <br> Ltd.<br>| 298378 | 3160273 |
|  | Santos Ltd. | 9046287 | 37362387 |
|  | Sonic Healthcare Ltd. | 1115640 | 15441125 |
|  | South32 Ltd. (S32 AU) | 9713908 | 20089201 |
|  | Suncorp Group Ltd. | 2725857 | 34991561 |
|  | TPG Telecom Ltd. | 302061 | 1092647 |
|  | Westpac Banking <br> Corp.<br>| 5237352 | 132528386 |
| # | Whitehaven Coal Ltd. | 3239434 | 15225667 |
|  | Woodside Energy <br> Group Ltd. (WDS <br> AU)<br>| 2085161 | 33790966 |
|  | Worley Ltd. | 893658 | 8345866 |
| # | Yancoal Australia Ltd. | 1320433 | 4804438 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 871954235 |
| AUSTRIA — (0.2%) | AUSTRIA — (0.2%) | AUSTRIA — (0.2%) | AUSTRIA — (0.2%) |
|  | Erste Group Bank AG | 138521 | 14349233 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) | AUSTRIA — (Continued) |
|  | OMV AG | 240384 | $13160093 |
| TOTAL AUSTRIA | TOTAL AUSTRIA |  | 27509326 |
| BELGIUM — (0.9%) | BELGIUM — (0.9%) | BELGIUM — (0.9%) | BELGIUM — (0.9%) |
|  | Ageas SA | 487329 | 32251228 |
|  | Anheuser-Busch InBev <br> SA (ABI BB)<br>| 777993 | 47439834 |
|  | CMB Tech NV | 105574 | 990159 |
|  | KBC Group NV | 462193 | 55606166 |
|  | Solvay SA | 24139 | 740891 |
|  | Syensqo SA | 106579 | 8797701 |
| TOTAL BELGIUM | TOTAL BELGIUM |  | 145825979 |
| CANADA — (11.4%) | CANADA — (11.4%) | CANADA — (11.4%) | CANADA — (11.4%) |
|  | Agnico Eagle Mines <br> Ltd. (AEM US)<br>| 5 | 804 |
|  | AltaGas Ltd. | 450341 | 13219164 |
|  | ARC Resources Ltd. | 289422 | 5338382 |
|  | Bank of Montreal <br> (BMO CN)<br>| 1808 | 224596 |
|  | Bank of Montreal <br> (BMO US)<br>| 1308032 | 162431414 |
|  | Bank of Nova Scotia <br> (BNS CN)<br>| 503391 | 33016248 |
|  | Bank of Nova Scotia <br> (BNS US)<br>| 1310049 | 85939214 |
|  | Barrick Mining Corp. <br> (ABX CN)<br>| 42338 | 1389784 |
|  | Barrick Mining Corp. (B <br> US)<br>| 6240416 | 204685645 |
|  | Brookfield Wealth <br> Solutions Ltd.<br>| 5631 | 259420 |
|  | Canadian Imperial <br> Bank of Commerce <br> (CM CN)<br>| 1726071 | 143015729 |
|  | Canadian Imperial <br> Bank of Commerce <br> (CM US)<br>| 496982 | 41184898 |
|  | Canadian Pacific <br> Kansas City Ltd. (CP <br> CN)<br>| 5600 | 402986 |
|  | Canadian Pacific <br> Kansas City Ltd. (CP <br> US)<br>| 132184 | 9510639 |
| # | Canadian Tire Corp. <br> Ltd., Class A<br>| 89089 | 10217080 |
|  | Cenovus Energy, Inc. <br> (CVE CN)<br>| 201738 | 3408927 |
|  | Cenovus Energy, Inc. <br> (CVE US)<br>| 3678868 | 62246447 |

---

863

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) | CANADA — (Continued) |
|  | Endeavour Mining <br> PLC<br>| 1086 | $43508 |
|  | Fairfax Financial <br> Holdings Ltd.<br>| 49150 | 79796780 |
| \* | First Quantum Minerals <br> Ltd.<br>| 1335542 | 27728763 |
|  | iA Financial Corp., Inc. | 326753 | 38570623 |
|  | IGM Financial, Inc. | 87856 | 3379438 |
|  | Imperial Oil Ltd. (IMO <br> US)<br>| 509 | 44899 |
|  | Kinross Gold Corp. (K <br> CN)<br>| 3849114 | 89521299 |
|  | Kinross Gold Corp. <br> (KGC US)<br>| 395499 | 9191397 |
|  | Lundin Mining Corp. | 2309640 | 37150532 |
|  | Magna International, <br> Inc. (MGA US)<br>| 245447 | 11587553 |
|  | Manulife Financial <br> Corp. (MFC CN)<br>| 450447 | 14577583 |
|  | Manulife Financial <br> Corp. (MFC US)<br>| 2517875 | 81503614 |
|  | Nutrien Ltd. (NTR US) | 1766865 | 96205788 |
|  | Onex Corp. | 1347 | 117168 |
|  | Pan American Silver <br> Corp. (PAAS US)<br>| 385484 | 13572892 |
|  | Pembina Pipeline <br> Corp. (PBA US)<br>| 127858 | 4836868 |
|  | Pembina Pipeline <br> Corp. (PPL CN)<br>| 68815 | 2603347 |
|  | Saputo, Inc. | 234097 | 5656517 |
|  | Suncor Energy, Inc. <br> (SU CN)<br>| 840913 | 33485450 |
|  | Suncor Energy, Inc. <br> (SU US)<br>| 2343254 | 93284942 |
|  | Teck Resources Ltd. <br> (TECK US), Class B<br>| 1715498 | 73629174 |
|  | Teck Resources Ltd. <br> (TECKB CN), <br> Class B<br>| 83 | 3561 |
|  | Toronto-Dominion Bank <br> (TD CN)<br>| 308375 | 25319928 |
|  | Toronto-Dominion Bank <br> (TD US)<br>| 2264467 | 185980675 |
|  | Tourmaline Oil Corp. | 1579482 | 69472207 |
|  | West Fraser Timber <br> Co. Ltd. (WFG CN)<br>| 77066 | 4703468 |
| # | Whitecap Resources, <br> Inc.<br>| 627909 | 4673894 |
| TOTAL CANADA | TOTAL CANADA |  | 1783133245 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| DENMARK — (2.1%) | DENMARK — (2.1%) | DENMARK — (2.1%) | DENMARK — (2.1%) |
| # | AP Moller - Maersk AS <br> (MAERSKA DC), <br> Class A<br>| 6529 | $13457282 |
|  | AP Moller - Maersk AS <br> (MAERSKB DC), <br> Class B<br>| 9401 | 19327773 |
| # | Carlsberg AS, Class B | 291587 | 34284664 |
| # | Coloplast AS, Class B | 119873 | 10841841 |
|  | Danske Bank AS | 945349 | 42250670 |
| \* | Demant AS | 151464 | 5039227 |
| # | DSV AS | 390713 | 83381385 |
| \* | Genmab AS (GMAB <br> DC)<br>| 61585 | 17565754 |
| # | Novonesis Novozymes <br> B, Class B<br>| 925882 | 55330341 |
|  | Pandora AS | 128291 | 17166450 |
|  | Rockwool AS, Class A | 910 | 31169 |
|  | Rockwool AS, Class B | 138193 | 4735277 |
| # | Tryg AS | 598961 | 14763779 |
|  | Vestas Wind Systems <br> AS<br>| 403888 | 8260359 |
| TOTAL DENMARK | TOTAL DENMARK |  | 326435971 |
| FINLAND — (0.8%) | FINLAND — (0.8%) | FINLAND — (0.8%) | FINLAND — (0.8%) |
| # | Fortum OYJ | 72262 | 1611437 |
| # | Nokia OYJ (NOK US), <br> Sponsored ADR<br>| 1331054 | 9197583 |
|  | Nokia OYJ (NOKIA <br> FH)<br>| 10634499 | 72541072 |
|  | Nordea Bank Abp <br> (NDA FH)<br>| 4019 | 68752 |
|  | Nordea Bank Abp <br> (NDA SS)<br>| 1599631 | 27333944 |
| # | UPM-Kymmene OYJ | 308637 | 8281440 |
| TOTAL FINLAND | TOTAL FINLAND |  | 119034228 |
| FRANCE — (9.3%) | FRANCE — (9.3%) | FRANCE — (9.3%) | FRANCE — (9.3%) |
| \* | Alstom SA | 128122 | 3204021 |
| Ω | Amundi SA | 67754 | 5022765 |
|  | BNP Paribas SA | 1245833 | 96499675 |
|  | Bollore SE | 1793750 | 9988281 |
|  | Bouygues SA | 917705 | 41423466 |
|  | Capgemini SE | 100777 | 15504077 |
|  | Carrefour SA | 284016 | 4277549 |
|  | Cie de Saint-Gobain <br> SA<br>| 1628883 | 158102645 |
|  | Cie Generale des <br> Etablissements <br> Michelin SCA<br>| 2726690 | 87105238 |
|  | Credit Agricole SA | 1088951 | 19657056 |
|  | Eiffage SA | 284086 | 34956710 |
|  | Engie SA | 6255134 | 146451150 |
|  | Kering SA | 11625 | 4128234 |

---

864

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Orange SA (ORA FP) | 7133543 | $114110754 |
|  | Pernod Ricard SA | 218143 | 21365036 |
|  | Publicis Groupe SA <br> (PUB FP)<br>| 330272 | 33102870 |
|  | Renault SA | 692308 | 26902524 |
|  | Rexel SA | 489711 | 16980717 |
|  | Sanofi SA (SAN FP) | 1146050 | 115937604 |
|  | Societe Generale SA | 2007247 | 127300822 |
| # | STMicroelectronics NV <br> (STM US)<br>| 372691 | 9119749 |
|  | TotalEnergies SE (TTE <br> FP)<br>| 5829143 | 363942663 |
|  | Vivendi SE | 15802 | 56918 |
| TOTAL FRANCE | TOTAL FRANCE |  | 1455140524 |
| GERMANY — (7.7%) | GERMANY — (7.7%) | GERMANY — (7.7%) | GERMANY — (7.7%) |
| \* | Aumovio SE | 192166 | 8261934 |
| # | BASF SE | 2933265 | 144732639 |
|  | Bayer AG | 1371933 | 42673273 |
|  | Bayerische Motoren <br> Werke AG<br>| 725332 | 67633464 |
|  | Commerzbank AG | 2905208 | 105932286 |
|  | Continental AG | 345236 | 26380130 |
| \* | Covestro AG | 486865 | 34005429 |
|  | Daimler Truck Holding <br> AG<br>| 1908515 | 76498356 |
| # | Deutsche Bank AG <br> (DB US)<br>| 1042151 | 37277741 |
|  | Deutsche Bank AG <br> (DBK GR)<br>| 2533328 | 90693569 |
|  | Deutsche Lufthansa <br> AG<br>| 524114 | 4594853 |
|  | Deutsche Post AG | 1994487 | 91639398 |
| Ω | DWS Group GmbH & <br> Co. KGaA<br>| 36632 | 2345166 |
|  | E.ON SE | 4815808 | 89604733 |
|  | Fresenius Medical <br> Care AG (FME GR)<br>| 264506 | 14200598 |
|  | Fresenius SE & Co. <br> KGaA<br>| 565563 | 32544166 |
| #Ω | Hapag-Lloyd AG | 7279 | 1046583 |
| # | Heidelberg Materials <br> AG<br>| 492655 | 115578590 |
|  | Henkel AG & Co. <br> KGaA<br>| 147291 | 10998734 |
|  | Infineon Technologies <br> AG (IFX GR)<br>| 23844 | 946437 |
|  | Mercedes-Benz Group <br> AG<br>| 2103162 | 136462687 |
| # | Merck KGaA | 64584 | 8460090 |
|  | Muenchener <br> Rueckversicherungs-Gesellschaft <br> AG in Muenchen<br>| 6745 | 4173090 |
|  | RWE AG | 956880 | 47107696 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
| \* | Talanx AG | 65584 | $7986249 |
|  | Volkswagen AG | 53498 | 5643065 |
| TOTAL GERMANY | TOTAL GERMANY |  | 1207420956 |
| HONG KONG — (1.2%) | HONG KONG — (1.2%) | HONG KONG — (1.2%) | HONG KONG — (1.2%) |
|  | BOC Hong Kong <br> Holdings Ltd.<br>| 7678000 | 37727525 |
| Ω | Budweiser Brewing Co. <br> APAC Ltd.<br>| 2246100 | 2278315 |
|  | Cathay Pacific Airways <br> Ltd.<br>| 7060999 | 10051501 |
|  | CK Asset Holdings <br> Ltd.<br>| 1259303 | 6230079 |
|  | CK Hutchison Holdings <br> Ltd.<br>| 3694984 | 24503180 |
|  | CK Infrastructure <br> Holdings Ltd.<br>| 239000 | 1554541 |
|  | Galaxy Entertainment <br> Group Ltd.<br>| 2518000 | 12545503 |
|  | Hang Lung Properties <br> Ltd.<br>| 52000 | 57904 |
| # | Henderson Land <br> Development Co. <br> Ltd.<br>| 760485 | 2675197 |
|  | HKT Trust & HKT Ltd. | 438000 | 639555 |
|  | Hong Kong & China <br> Gas Co. Ltd.<br>| 3073000 | 2859893 |
| # | MTR Corp. Ltd. | 709433 | 2602688 |
|  | Sino Land Co. Ltd. | 4782656 | 5940706 |
|  | Sun Hung Kai <br> Properties Ltd.<br>| 1853420 | 22553868 |
| # | Swire Pacific Ltd. (19 <br> HK), Class A<br>| 1088500 | 8990269 |
|  | Swire Pacific Ltd. (87 <br> HK), Class B<br>| 2692500 | 3989599 |
| Ω | WH Group Ltd. | 34638196 | 33319056 |
| # | Xinyi Glass Holdings <br> Ltd.<br>| 1150633 | 1345699 |
| TOTAL HONG KONG | TOTAL HONG KONG |  | 179865078 |
| IRELAND — (0.2%) | IRELAND — (0.2%) | IRELAND — (0.2%) | IRELAND — (0.2%) |
|  | AIB Group PLC | 1075655 | 9913587 |
|  | Bank of Ireland Group <br> PLC<br>| 1531862 | 25081130 |
| TOTAL IRELAND | TOTAL IRELAND |  | 34994717 |
| ISRAEL — (1.1%) | ISRAEL — (1.1%) | ISRAEL — (1.1%) | ISRAEL — (1.1%) |
|  | Ashtrom Group Ltd. | 6797 | 155298 |
|  | Bank Hapoalim BM | 1744949 | 35392204 |
|  | Bank Leumi Le-Israel <br> BM<br>| 2824004 | 57315895 |

---

865

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Clal Insurance <br> Enterprises Holdings <br> Ltd.<br>| 232209 | $12912028 |
|  | Delek Group Ltd. | 39719 | 10442795 |
| \* | Equital Ltd. | 2843 | 135590 |
|  | Harel Insurance <br> Investments & <br> Financial Services <br> Ltd.<br>| 345286 | 12034330 |
|  | ICL Group Ltd. | 236736 | 1550737 |
|  | Israel Discount Bank <br> Ltd., Class A<br>| 3035053 | 30331661 |
|  | Kenon Holdings Ltd. | 4134 | 215327 |
|  | Migdal Insurance & <br> Financial Holdings <br> Ltd.<br>| 1344878 | 4826093 |
|  | Phoenix Financial Ltd. | 45853 | 1765204 |
| TOTAL ISRAEL | TOTAL ISRAEL |  | 167077162 |
| ITALY — (1.9%) | ITALY — (1.9%) | ITALY — (1.9%) | ITALY — (1.9%) |
|  | Banco BPM SpA | 2118518 | 30865626 |
| # | BPER Banca SpA | 85983 | 1030239 |
|  | Eni SpA (ENI IM) | 5909771 | 108973064 |
|  | Intesa Sanpaolo SpA | 342767 | 2209250 |
|  | Stellantis NV (STLA <br> US)<br>| 208034 | 2109465 |
|  | Stellantis NV (STLAM <br> IM)<br>| 3193828 | 32480740 |
| # | Tenaris SA (TS US), <br> ADR<br>| 322197 | 12823441 |
|  | UniCredit SpA | 1516817 | 112315171 |
| TOTAL ITALY | TOTAL ITALY |  | 302806996 |
| JAPAN — (21.6%) | JAPAN — (21.6%) | JAPAN — (21.6%) | JAPAN — (21.6%) |
|  | Acom Co. Ltd. | 377600 | 1076452 |
| # | AGC, Inc. | 699000 | 21838871 |
|  | Air Water, Inc. | 356186 | 4974209 |
|  | Aisin Corp. | 1850200 | 33248453 |
|  | Alfresa Holdings Corp. | 101599 | 1435428 |
|  | ALSOK Co. Ltd. | 18700 | 127812 |
|  | Amada Co. Ltd. | 1065300 | 12703311 |
|  | Asahi Group Holdings <br> Ltd.<br>| 4587343 | 49459908 |
|  | Asahi Kasei Corp. | 3388735 | 25964888 |
|  | Bridgestone Corp. | 825300 | 36028572 |
|  | Brother Industries Ltd. | 683200 | 11628555 |
|  | Canon Marketing <br> Japan, Inc.<br>| 139900 | 5825543 |
|  | Chiba Bank Ltd.  | 1064000 | 10382227 |
|  | Coca-Cola Bottlers <br> Japan Holdings, Inc.<br>| 195213 | 3123990 |
|  | COMSYS Holdings <br> Corp.<br>| 105199 | 2652853 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Cosmo Energy <br> Holdings Co. Ltd.<br>| 547400 | $12500089 |
|  | Credit Saison Co. Ltd. | 502392 | 12238518 |
|  | Dai Nippon Printing <br> Co. Ltd.<br>| 537300 | 8967738 |
|  | Daicel Corp. | 290400 | 2498629 |
|  | Dai-ichi Life Holdings, <br> Inc.<br>| 5520888 | 38751083 |
|  | Daiwa House Industry <br> Co. Ltd.<br>| 1073700 | 36428544 |
|  | Daiwa Securities <br> Group, Inc.<br>| 1687888 | 12989904 |
|  | Denso Corp. | 2565100 | 35839016 |
| # | Dentsu Group, Inc. | 79800 | 1580427 |
|  | ENEOS Holdings, Inc. | 10431203 | 65807467 |
|  | Fuji Media Holdings, <br> Inc.<br>| 108300 | 2417314 |
|  | FUJIFILM Holdings <br> Corp.<br>| 1313200 | 30435622 |
|  | Fukuoka Financial <br> Group, Inc.<br>| 260600 | 7573130 |
|  | Fuyo General Lease <br> Co. Ltd.<br>| 103800 | 2713805 |
|  | Gunma Bank Ltd. | 260300 | 2705721 |
|  | Hachijuni Bank Ltd. | 651143 | 6559057 |
|  | Hakuhodo DY <br> Holdings, Inc.<br>| 385499 | 2790379 |
|  | Hankyu Hanshin <br> Holdings, Inc.<br>| 595100 | 15980797 |
|  | Haseko Corp. | 682372 | 11019615 |
|  | Hitachi Construction <br> Machinery Co. Ltd.<br>| 324999 | 10577728 |
|  | Honda Motor Co. Ltd. <br> (7267 JP)<br>| 10142400 | 102511703 |
| # | Hulic Co. Ltd. | 108100 | 1116820 |
|  | Idemitsu Kosan Co. <br> Ltd.<br>| 3113310 | 21649181 |
|  | Iida Group Holdings <br> Co. Ltd.<br>| 267151 | 4090980 |
|  | Inpex Corp. | 3458483 | 63816346 |
|  | Isetan Mitsukoshi <br> Holdings Ltd.<br>| 80200 | 1258666 |
|  | Isuzu Motors Ltd. | 1884400 | 23122119 |
|  | Iwatani Corp. | 246200 | 2563126 |
|  | Iyogin Holdings, Inc. | 184600 | 2884538 |
|  | J Front Retailing Co. <br> Ltd.<br>| 828217 | 12456928 |
|  | Japan Airlines Co. Ltd. | 295000 | 5314542 |
|  | Japan Post Bank Co. <br> Ltd.<br>| 141100 | 1581037 |
|  | Japan Post Holdings <br> Co. Ltd.<br>| 582410 | 5457793 |
|  | Japan Post Insurance <br> Co. Ltd.<br>| 146400 | 3786242 |

---

866

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | JFE Holdings, Inc. | 1167460 | $13379343 |
|  | JTEKT Corp. | 160371 | 1604358 |
|  | Kajima Corp. | 437300 | 14097577 |
|  | Kamigumi Co. Ltd. | 315700 | 9476750 |
|  | Kandenko Co. Ltd. | 18700 | 571512 |
| # | Kawasaki Kisen Kaisha <br> Ltd.<br>| 693700 | 9939021 |
|  | Kinden Corp. | 141700 | 5676097 |
|  | Kobe Steel Ltd. | 891477 | 10492120 |
|  | Koito Manufacturing <br> Co. Ltd.<br>| 372901 | 5552575 |
|  | Komatsu Ltd. | 510500 | 17076709 |
|  | Kubota Corp. (6326 <br> JP)<br>| 1873220 | 24252877 |
|  | Kuraray Co. Ltd. | 1142591 | 12381749 |
|  | Kyocera Corp. | 1072649 | 14233405 |
|  | Kyoto Financial Group, <br> Inc.<br>| 454716 | 9211802 |
|  | Kyushu Financial <br> Group, Inc.<br>| 402700 | 2308026 |
|  | Lixil Corp. | 547485 | 6068092 |
|  | LY Corp. | 2562300 | 7529358 |
|  | Marubeni Corp. | 598300 | 14703833 |
|  | Mazda Motor Corp. | 930256 | 6410255 |
|  | Mebuki Financial <br> Group, Inc.<br>| 1565010 | 9765053 |
|  | Medipal Holdings <br> Corp.<br>| 285450 | 4644387 |
|  | MEIJI Holdings Co. <br> Ltd.<br>| 589100 | 11340142 |
|  | Minebea Mitsumi, Inc. | 290100 | 5733467 |
|  | Mitsubishi Chemical <br> Group Corp.<br>| 3643359 | 19031363 |
|  | Mitsubishi Corp. | 996400 | 23926203 |
|  | Mitsubishi Electric <br> Corp.<br>| 685500 | 19463119 |
|  | Mitsubishi Estate Co. <br> Ltd.<br>| 1171441 | 24825033 |
|  | Mitsubishi Gas <br> Chemical Co., Inc.<br>| 554400 | 10257025 |
|  | Mitsubishi HC Capital, <br> Inc.<br>| 3012000 | 23561876 |
|  | Mitsubishi Logistics <br> Corp.<br>| 530500 | 3846674 |
|  | Mitsubishi Motors <br> Corp.<br>| 1361738 | 3318451 |
|  | Mitsubishi UFJ <br> Financial Group, Inc. <br> (8306 JP)<br>| 9133350 | 137961691 |
|  | Mitsui & Co. Ltd. (8031 <br> JP)<br>| 790964 | 19451086 |
|  | Mitsui & Co. Ltd. <br> (MITSY US), <br> Sponsored ADR<br>| 18174 | 8905442 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Mitsui Chemicals, Inc. | 786160 | $18560410 |
|  | Mitsui Fudosan Co. <br> Ltd.<br>| 1894200 | 19723168 |
| # | Mitsui OSK Lines Ltd. | 793900 | 23588051 |
|  | Mizuho Financial <br> Group, Inc. (8411 <br> JP)<br>| 2442180 | 81801949 |
|  | MS&AD Insurance <br> Group Holdings, <br> Inc.<br>| 994859 | 20508481 |
|  | NGK Insulators Ltd. | 693000 | 11691981 |
|  | NH Foods Ltd. | 291267 | 10757292 |
|  | NHK Spring Co. Ltd. | 274000 | 5136915 |
|  | Nikon Corp. | 205700 | 2399012 |
|  | Nippon Electric Glass <br> Co. Ltd.<br>| 28199 | 949371 |
|  | Nippon Express <br> Holdings, Inc.<br>| 925869 | 19698123 |
|  | Nippon Steel Corp. | 4813065 | 19839586 |
|  | Nippon Television <br> Holdings, Inc.<br>| 56400 | 1368403 |
| # | Nippon Yusen KK | 1107000 | 38228400 |
| \* | Nissan Motor Co. Ltd. | 1902479 | 4348558 |
|  | Nisshin Seifun Group, <br> Inc.<br>| 427656 | 4834860 |
|  | Niterra Co. Ltd. | 373000 | 15301609 |
|  | NOK Corp. | 164265 | 2916775 |
|  | Nomura Holdings, Inc. <br> (8604 JP)<br>| 5116202 | 36509724 |
|  | Nomura Real Estate <br> Holdings, Inc.<br>| 2836500 | 16198884 |
|  | Obayashi Corp. | 420882 | 7120247 |
|  | Oji Holdings Corp. | 3428000 | 17295568 |
|  | Omron Corp. | 121252 | 3381083 |
|  | Ono Pharmaceutical <br> Co. Ltd.<br>| 702595 | 8574056 |
|  | Open House Group <br> Co. Ltd.<br>| 122500 | 5895059 |
|  | ORIX Corp. (8591 JP) | 2005900 | 49068389 |
|  | Panasonic Holdings <br> Corp.<br>| 4415799 | 51308162 |
|  | Resona Holdings, Inc. | 4095139 | 39481542 |
|  | Resonac Holdings <br> Corp.<br>| 742924 | 28944111 |
|  | Ricoh Co. Ltd. | 1566800 | 13441237 |
|  | Rinnai Corp. | 81100 | 1838186 |
|  | Rohm Co. Ltd. | 285965 | 4579350 |
|  | SBI Holdings, Inc. | 369099 | 16493936 |
|  | Seiko Epson Corp. | 770200 | 9758901 |
|  | Seino Holdings Co. <br> Ltd.<br>| 411100 | 5809647 |
|  | Sekisui Chemical Co. <br> Ltd.<br>| 447100 | 7745687 |
|  | Sekisui House Ltd. | 1749000 | 37525255 |

---

867

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | Seven & i Holdings Co. <br> Ltd.<br>| 1687600 | $21465925 |
|  | Shimamura Co. Ltd. | 55600 | 3584514 |
|  | Shimizu Corp. | 194826 | 2615179 |
|  | Shizuoka Financial <br> Group, Inc.<br>| 745600 | 10041452 |
|  | SoftBank Group Corp. | 1720400 | 301876040 |
|  | Sojitz Corp. | 655840 | 17399726 |
|  | Sompo Holdings, Inc. | 122400 | 3730197 |
|  | Stanley Electric Co. <br> Ltd.<br>| 456100 | 8958810 |
|  | Subaru Corp. | 1980284 | 42126819 |
|  | SUMCO Corp. | 576273 | 5872693 |
|  | Sumitomo Chemical <br> Co. Ltd.<br>| 1234388 | 3630735 |
|  | Sumitomo Corp. | 1500200 | 43642233 |
|  | Sumitomo Electric <br> Industries Ltd.<br>| 2995700 | 109215443 |
| # | Sumitomo Forestry Co. <br> Ltd.<br>| 1795800 | 18681296 |
| # | Sumitomo Heavy <br> Industries Ltd.<br>| 313223 | 8374505 |
|  | Sumitomo Metal <br> Mining Co. Ltd.<br>| 204664 | 6695058 |
|  | Sumitomo Mitsui <br> Financial Group, Inc. <br> (8316 JP)<br>| 5498799 | 148873329 |
|  | Sumitomo Mitsui Trust <br> Group, Inc.<br>| 1091587 | 29982119 |
|  | Sumitomo Realty & <br> Development Co. <br> Ltd.<br>| 950700 | 40592025 |
| # | Sumitomo Rubber <br> Industries Ltd.<br>| 517855 | 6064816 |
| # | Suntory Beverage & <br> Food Ltd.<br>| 145600 | 4407263 |
|  | Suzuken Co. Ltd. | 117500 | 4462243 |
|  | Suzuki Motor Corp. | 2281400 | 34058725 |
|  | T&D Holdings, Inc. | 63200 | 1357253 |
|  | Taiheiyo Cement <br> Corp.<br>| 330146 | 8957361 |
|  | Takashimaya Co. Ltd. | 764024 | 8172271 |
|  | Takeda Pharmaceutical <br> Co. Ltd. (4502 JP)<br>| 1908471 | 51504849 |
|  | TBS Holdings, Inc. | 65400 | 2258104 |
|  | Tokyo Century Corp. | 487500 | 5753399 |
|  | Tokyo Tatemono Co. <br> Ltd.<br>| 870300 | 16248705 |
|  | Tokyu Fudosan <br> Holdings Corp.<br>| 2665000 | 21476397 |
|  | TOPPAN Holdings, <br> Inc.<br>| 587100 | 14359194 |
|  | Toray Industries, Inc. | 2632600 | 16117907 |
|  | Tosoh Corp. | 958800 | 13670134 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) | JAPAN — (Continued) |
|  | TOTO Ltd. | 145800 | $3698160 |
|  | Toyo Seikan Group <br> Holdings Ltd.<br>| 385349 | 8651176 |
| # | Toyo Tire Corp. | 409266 | 11185263 |
|  | Toyoda Gosei Co. Ltd. | 173000 | 4004046 |
|  | Toyota Boshoku Corp. | 203800 | 3098795 |
|  | Toyota Industries <br> Corp.<br>| 158900 | 17272763 |
|  | Toyota Motor Corp. <br> (7203 JP)<br>| 9104538 | 185615349 |
| # | Toyota Motor Corp. <br> (TM US), Sponsored <br> ADR<br>| 77674 | 15860254 |
|  | Toyota Tsusho Corp. | 1509900 | 46151947 |
|  | Yakult Honsha Co. <br> Ltd.<br>| 19900 | 297919 |
|  | Yamada Holdings Co. <br> Ltd.<br>| 211728 | 636499 |
|  | Yamaguchi Financial <br> Group, Inc.<br>| 157706 | 1806813 |
|  | Yamaha Corp. | 54300 | 342659 |
| # | Yamaha Motor Co. <br> Ltd.<br>| 3081200 | 22199314 |
|  | Yamato Holdings Co. <br> Ltd.<br>| 300600 | 4395043 |
|  | Yamato Kogyo Co. <br> Ltd.<br>| 72400 | 4563479 |
|  | Yokohama Financial <br> Group, Inc.<br>| 1803900 | 13103952 |
|  | Yokohama Rubber Co. <br> Ltd. <br>| 564500 | 20146446 |
| TOTAL JAPAN | TOTAL JAPAN |  | 3365330711 |
| NETHERLANDS — (4.1%) | NETHERLANDS — (4.1%) | NETHERLANDS — (4.1%) | NETHERLANDS — (4.1%) |
| Ω | ABN AMRO Bank NV | 682217 | 20383731 |
|  | Aegon Ltd. (AGN NA) | 2863375 | 21820994 |
|  | Akzo Nobel NV | 354520 | 23428481 |
|  | ArcelorMittal SA (MT <br> NA)<br>| 317689 | 12128098 |
| # | ArcelorMittal SA (MT <br> US)<br>| 640003 | 24377718 |
|  | ASR Nederland NV | 633059 | 42249495 |
|  | Coca-Cola Europacific <br> Partners PLC<br>| 96373 | 8585351 |
|  | HAL Trust | 8385 | 1316056 |
|  | Heineken NV | 459527 | 35582234 |
|  | ING Groep NV (INGA <br> NA)<br>| 4971616 | 124139584 |
|  | JDE Peet's NV | 113610 | 4134734 |
|  | Koninklijke Ahold <br> Delhaize NV (AD <br> NA)<br>| 4003663 | 163829251 |
|  | Koninklijke KPN NV | 7233183 | 33471274 |

---

868

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
| # | Koninklijke Philips NV <br> (PHG US)<br>| 630121 | $17214905 |
| # | Koninklijke Philips NV <br> (PHIA NA)<br>| 917643 | 25139003 |
|  | NN Group NV | 1010877 | 69179212 |
|  | Prosus NV (PRX NA) | 125760 | 8692336 |
| TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 635672457 |
| NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) | NEW ZEALAND — (0.2%) |
|  | Auckland International <br> Airport Ltd.<br>| 2916676 | 13574814 |
| # | Chorus Ltd. (CNU NZ) | 34188 | 183078 |
| \* | Fletcher Building Ltd. <br> (FBU NZ)<br>| 1380683 | 2573773 |
|  | Fonterra Co-Operative <br> Group Ltd.<br>| 293628 | 1372714 |
| # | Infratil Ltd. | 496356 | 3508256 |
|  | Mercury NZ Ltd. | 582689 | 2160048 |
| # | Meridian Energy Ltd. | 265325 | 898224 |
| # | Summerset Group <br> Holdings Ltd.<br>| 157786 | 1046497 |
| TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 25317404 |
| NORWAY — (0.8%) | NORWAY — (0.8%) | NORWAY — (0.8%) | NORWAY — (0.8%) |
|  | Aker BP ASA | 622602 | 16135932 |
|  | Austevoll Seafood <br> ASA<br>| 156937 | 1473527 |
| #Ω | Bw Lpg Ltd. | 7614 | 102408 |
| Ω | BW LPG Ltd. | 280178 | 3710316 |
| # | DNB Bank ASA | 1058098 | 27008399 |
|  | Equinor ASA | 1025603 | 24564518 |
|  | Hafnia Ltd. | 292039 | 1819332 |
|  | Leroy Seafood Group <br> ASA<br>| 24093 | 113442 |
|  | Norsk Hydro ASA | 2197036 | 14853195 |
|  | Odfjell Drilling Ltd. | 11323 | 90951 |
|  | Sparebank 1 <br> Oestlandet<br>| 1244 | 21815 |
|  | SpareBank 1 <br> Sor-Norge ASA<br>| 354504 | 6102214 |
|  | Stolt-Nielsen Ltd. | 115466 | 3872863 |
| # | Subsea 7 SA | 573605 | 10475941 |
|  | Wallenius Wilhelmsen <br> ASA<br>| 540692 | 4228691 |
|  | Wilh Wilhelmsen <br> Holding ASA, <br> Class A<br>| 10461 | 527273 |
|  | Yara International ASA | 151606 | 5523324 |
| TOTAL NORWAY | TOTAL NORWAY |  | 120624141 |
| PORTUGAL — (0.1%) | PORTUGAL — (0.1%) | PORTUGAL — (0.1%) | PORTUGAL — (0.1%) |
|  | EDP Renovaveis SA | 326297 | 4770686 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PORTUGAL — (Continued) | PORTUGAL — (Continued) | PORTUGAL — (Continued) | PORTUGAL — (Continued) |
|  | Galp Energia SGPS <br> SA<br>| 454681 | $9135028 |
| TOTAL PORTUGAL | TOTAL PORTUGAL |  | 13905714 |
| SINGAPORE — (1.0%) | SINGAPORE — (1.0%) | SINGAPORE — (1.0%) | SINGAPORE — (1.0%) |
|  | CapitaLand Investment <br> Ltd.<br>| 2777800 | 5627933 |
|  | City Developments <br> Ltd.<br>| 12600 | 69986 |
| # | Genting Singapore <br> Ltd.<br>| 5312600 | 2977970 |
|  | Hongkong Land <br> Holdings Ltd.<br>| 1460900 | 8926562 |
| # | Jardine Cycle & <br> Carriage Ltd.<br>| 221500 | 5530760 |
|  | Keppel Ltd. | 5479300 | 42850029 |
|  | Oversea-Chinese <br> Banking Corp. Ltd.<br>| 1793200 | 23457562 |
|  | Seatrium Ltd. | 1927414 | 3215383 |
|  | Singapore Airlines Ltd. | 390500 | 1987847 |
|  | United Overseas Bank <br> Ltd.<br>| 1606700 | 42734126 |
|  | UOL Group Ltd. | 974274 | 5952045 |
|  | Wilmar International <br> Ltd.<br>| 2871400 | 6900281 |
| TOTAL SINGAPORE | TOTAL SINGAPORE |  | 150230484 |
| SOUTH AFRICA — (0.0%) | SOUTH AFRICA — (0.0%) | SOUTH AFRICA — (0.0%) | SOUTH AFRICA — (0.0%) |
|  | Valterra Platinum Ltd. | 19939 | 1218793 |
| SPAIN — (3.8%) | SPAIN — (3.8%) | SPAIN — (3.8%) | SPAIN — (3.8%) |
| # | Banco Bilbao Vizcaya <br> Argentaria SA <br> (BBVA SM)<br>| 4768679 | 96070150 |
|  | Banco Bilbao Vizcaya <br> Argentaria SA <br> (BBVA US), <br> Sponsored ADR<br>| 221 | 4449 |
|  | Banco de Sabadell SA | 862269 | 3232556 |
| # | Banco Santander SA <br> (SAN SM)<br>| 32206047 | 328185612 |
|  | CaixaBank SA | 7948554 | 84014195 |
| Ω | Cellnex Telecom SA | 30906 | 962157 |
|  | Mapfre SA | 355435 | 1569720 |
|  | Repsol SA (REP SM) | 4193907 | 76955479 |
| TOTAL SPAIN | TOTAL SPAIN |  | 590994318 |
| SWEDEN — (2.3%) | SWEDEN — (2.3%) | SWEDEN — (2.3%) | SWEDEN — (2.3%) |
| \* | Asmodee Group AB, <br> Class B<br>| 15312 | 197324 |
|  | Betsson AB, Class B | 804 | 12530 |
|  | Billerud Aktiebolag | 269457 | 2493399 |
| #\* | Boliden AB | 1013858 | 45463888 |

---

869

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Bure Equity AB | 69187 | $2026302 |
|  | Essity AB (ESSITYB <br> SS), Class B<br>| 887978 | 24390647 |
|  | Getinge AB, Class B | 227238 | 5323213 |
|  | Hexagon AB, Class B | 1246155 | 15190155 |
|  | Hexpol AB | 195650 | 1778893 |
|  | Holmen AB (HOLMA <br> SS), Class A<br>| 5562 | 207618 |
| # | Holmen AB (HOLMB <br> SS), Class B<br>| 176174 | 6656907 |
| # | Husqvarna AB <br> (HUSQB SS), <br> Class B<br>| 203840 | 965192 |
|  | Loomis AB | 311174 | 12535779 |
|  | Pandox AB | 118934 | 2372927 |
|  | Peab AB, Class B | 2404 | 19456 |
| # | Securitas AB, Class B | 1182770 | 17423212 |
| \*Ω | Sinch AB | 631787 | 2287801 |
|  | Skandinaviska <br> Enskilda Banken AB <br> (SEBA SS), Class A<br>| 2936221 | 56051212 |
|  | Skandinaviska <br> Enskilda Banken AB <br> (SEBC SS), <br> Class C<br>| 14462 | 281581 |
|  | Skanska AB, Class B | 735929 | 20040823 |
|  | SKF AB (SKFB SS), <br> Class B<br>| 1216239 | 31174668 |
|  | SSAB AB (SSABA SS), <br> Class A<br>| 564486 | 3570687 |
|  | SSAB AB (SSABB <br> SS), Class B<br>| 1830262 | 11332787 |
|  | Svenska Cellulosa AB <br> SCA (SCAA SS), <br> Class A<br>| 34534 | 462441 |
|  | Svenska Cellulosa AB <br> SCA (SCAB SS), <br> Class B<br>| 626961 | 8351209 |
| # | Svenska <br> Handelsbanken AB <br> (SHBA SS), Class A<br>| 1347720 | 17586840 |
| # | Svenska <br> Handelsbanken AB <br> (SHBB SS), Class B<br>| 40612 | 889418 |
|  | Swedbank AB, <br> Class A<br>| 1001439 | 30404470 |
| \* | Swedish Orphan <br> Biovitrum AB<br>| 20004 | 689203 |
|  | Telefonaktiebolaget LM <br> Ericsson (ERICB <br> SS), Class B<br>| 53095 | 538694 |
|  | Telia Co. AB | 4570592 | 17992905 |
|  | Trelleborg AB, Class B | 537345 | 22424598 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Vitrolife AB | 2100 | $32411 |
| #\* | Volvo Car AB, Class B | 463180 | 1604990 |
| TOTAL SWEDEN | TOTAL SWEDEN |  | 362774180 |
| SWITZERLAND — (9.0%) | SWITZERLAND — (9.0%) | SWITZERLAND — (9.0%) | SWITZERLAND — (9.0%) |
| # | Alcon AG | 569260 | 42384270 |
| \* | Amrize Ltd. | 1295000 | 67010949 |
|  | Baloise Holding AG | 100891 | 25055374 |
|  | Banque Cantonale <br> Vaudoise<br>| 12011 | 1394556 |
|  | Cie Financiere <br> Richemont SA, <br> Class A<br>| 697933 | 138055037 |
|  | DSM-Firmenich AG | 174413 | 14216212 |
|  | Helvetia Holding AG | 16794 | 4126768 |
|  | Holcim AG (HOLN <br> SW)<br>| 1345752 | 119638978 |
|  | Julius Baer Group Ltd. | 495321 | 33438386 |
|  | Lonza Group AG | 98153 | 67777736 |
|  | Novartis AG (NOVN <br> SW)<br>| 1005063 | 124388262 |
|  | Novartis AG (NVS US), <br> Sponsored ADR<br>| 205429 | 25430056 |
|  | Sandoz Group AG <br> (SDZ SW)<br>| 332697 | 22183181 |
|  | Sandoz Group AG <br> (SDZNY US), ADR<br>| 275714 | 18343252 |
| # | Swiss Life Holding AG | 87340 | 94803383 |
|  | Swiss Prime Site AG | 93913 | 13349066 |
|  | Swiss Re AG | 713905 | 130360435 |
| # | Swisscom AG | 94854 | 69482708 |
| #\* | UBS Group AG (UBS <br> US)<br>| 102122 | 3917377 |
|  | UBS Group AG (UBSG <br> SW)<br>| 4284505 | 163947921 |
|  | Zurich Insurance <br> Group AG<br>| 326832 | 227302184 |
| TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 1406606091 |
| UNITED KINGDOM — (12.7%) | UNITED KINGDOM — (12.7%) | UNITED KINGDOM — (12.7%) | UNITED KINGDOM — (12.7%) |
|  | Anglo American PLC | 826798 | 31279934 |
|  | Associated British <br> Foods PLC<br>| 238264 | 7189984 |
|  | Barclays PLC (BARC <br> LN)<br>| 7305202 | 39182329 |
|  | Barclays PLC (BCS <br> US), Sponsored <br> ADR<br>| 1376289 | 29576451 |
|  | Barratt Redrow PLC | 1173532 | 5807197 |
|  | BP PLC (BP LN) | 7962719 | 46652038 |
|  | BP PLC (BP US), <br> Sponsored ADR<br>| 3782975 | 132895912 |

---

870

------

**The DFA International Value Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) | UNITED KINGDOM — (Continued) |
|  | British American <br> Tobacco PLC (BATS <br> LN)<br>| 2418176 | $123848079 |
|  | British American <br> Tobacco PLC (BTI <br> US), Sponsored <br> ADR<br>| 160135 | 8197311 |
|  | BT Group PLC | 30893447 | 75397707 |
| \* | Canal & SA | 546690 | 1721493 |
|  | Centrica PLC | 2587352 | 6097873 |
|  | Glencore PLC | 12726245 | 60965904 |
|  | HSBC Holdings PLC <br> (HSBA LN)<br>| 11272844 | 157813522 |
| # | HSBC Holdings PLC <br> (HSBC US), <br> Sponsored ADR<br>| 2129759 | 149232212 |
|  | J Sainsbury PLC | 5358179 | 24057615 |
|  | Kingfisher PLC | 6401753 | 25962821 |
|  | Lloyds Banking Group <br> PLC (LLOY LN)<br>| 141879076 | 166351436 |
| # | Lloyds Banking Group <br> PLC (LYG US), <br> ADR<br>| 1844768 | 8688857 |
|  | NatWest Group PLC <br> (NWG LN)<br>| 16850471 | 129723562 |
|  | NatWest Group PLC <br> (NWG US), <br> Sponsored ADR<br>| 430402 | 6658319 |
| # | Pearson PLC (PSO <br> US), Sponsored <br> ADR<br>| 247148 | 3437829 |
|  | Shell PLC (SHEL LN) | 307658 | 11533916 |
|  | Shell PLC (SHEL US), <br> ADR<br>| 8154062 | 610902325 |
|  | Standard Chartered <br> PLC<br>| 3879521 | 79635854 |
|  | Vodafone Group PLC <br> (VOD LN)<br>| 26152509 | 31659519 |
| TOTAL UNITED <br> KINGDOM | TOTAL UNITED <br> KINGDOM |  | 1974469999 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED STATES — (0.1%) | UNITED STATES — (0.1%) | UNITED STATES — (0.1%) | UNITED STATES — (0.1%) |
| \* | Flutter Entertainment <br> PLC<br>| 2096 | $482762 |
| # | International Paper <br> Co.<br>| 517543 | 20265765 |
| TOTAL UNITED STATES | TOTAL UNITED STATES |  | 20748527 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 15289091236 |
| PREFERRED STOCKS — (0.4%) | PREFERRED STOCKS — (0.4%) | PREFERRED STOCKS — (0.4%) | PREFERRED STOCKS — (0.4%) |
| GERMANY — (0.4%) | GERMANY — (0.4%) | GERMANY — (0.4%) | GERMANY — (0.4%) |
|  | Bayerische Motoren <br> Werke AG, 5.764%<br>| 130148 | 11275476 |
| # | Henkel AG & Co. <br> KGaA, 2.901%<br>| 368277 | 29835184 |
|  | Volkswagen AG, <br> 7.042%<br>| 253519 | 26400642 |
| TOTAL GERMANY | TOTAL GERMANY |  | 67511302 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $9,326,906,335) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $9,326,906,335) |  | 15356602538 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | **Value†** |
| SECURITIES LENDING COLLATERAL — (1.5%) | SECURITIES LENDING COLLATERAL — (1.5%) | SECURITIES LENDING COLLATERAL — (1.5%) | SECURITIES LENDING COLLATERAL — (1.5%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 20229477 | 233994358 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $9,560,900,693) | (Cost $9,560,900,693) |  | $15590596896 |

---

As of October 31, 2025, The DFA International Value Series had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 403 | 12/19/25 | &nbsp;&nbsp; $135454410 | &nbsp;&nbsp; $138511100 | &nbsp;&nbsp; $3056690 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$135454410** | &nbsp;&nbsp; **$138511100** | &nbsp;&nbsp; **$3056690** |

---

871

------

**The DFA International Value Series**

**CONTINUED**

As of October 31, 2025, the value of Rule 144A securities amounted to $71,458,298 or 0.5% of net assets.

Summary of the Series' investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Australia | &nbsp;&nbsp; — | &nbsp;&nbsp; $871954235 | &nbsp;&nbsp; — | &nbsp;&nbsp; $871954235 |
| Austria | &nbsp;&nbsp; — | &nbsp;&nbsp; 27509326 | &nbsp;&nbsp; — | &nbsp;&nbsp; 27509326 |
| Belgium | &nbsp;&nbsp; $990159 | &nbsp;&nbsp; 144835820 | &nbsp;&nbsp; — | &nbsp;&nbsp; 145825979 |
| Canada | &nbsp;&nbsp; 1783133245 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1783133245 |
| Denmark | &nbsp;&nbsp; — | &nbsp;&nbsp; 326435971 | &nbsp;&nbsp; — | &nbsp;&nbsp; 326435971 |
| Finland | &nbsp;&nbsp; 9197583 | &nbsp;&nbsp; 109836645 | &nbsp;&nbsp; — | &nbsp;&nbsp; 119034228 |
| France | &nbsp;&nbsp; 9119749 | &nbsp;&nbsp; 1446020775 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1455140524 |
| Germany | &nbsp;&nbsp; 45539675 | &nbsp;&nbsp; 1161881281 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1207420956 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 179865078 | &nbsp;&nbsp; — | &nbsp;&nbsp; 179865078 |
| Ireland | &nbsp;&nbsp; — | &nbsp;&nbsp; 34994717 | &nbsp;&nbsp; — | &nbsp;&nbsp; 34994717 |
| Israel | &nbsp;&nbsp; — | &nbsp;&nbsp; 167077162 | &nbsp;&nbsp; — | &nbsp;&nbsp; 167077162 |
| Italy | &nbsp;&nbsp; 14932906 | &nbsp;&nbsp; 287874090 | &nbsp;&nbsp; — | &nbsp;&nbsp; 302806996 |
| Japan | &nbsp;&nbsp; 24765696 | &nbsp;&nbsp; 3340565015 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3365330711 |
| Netherlands | &nbsp;&nbsp; 41592623 | &nbsp;&nbsp; 594079834 | &nbsp;&nbsp; — | &nbsp;&nbsp; 635672457 |
| New Zealand | &nbsp;&nbsp; — | &nbsp;&nbsp; 25317404 | &nbsp;&nbsp; — | &nbsp;&nbsp; 25317404 |
| Norway | &nbsp;&nbsp; 102408 | &nbsp;&nbsp; 120521733 | &nbsp;&nbsp; — | &nbsp;&nbsp; 120624141 |
| Portugal | &nbsp;&nbsp; — | &nbsp;&nbsp; 13905714 | &nbsp;&nbsp; — | &nbsp;&nbsp; 13905714 |
| Singapore | &nbsp;&nbsp; — | &nbsp;&nbsp; 150230484 | &nbsp;&nbsp; — | &nbsp;&nbsp; 150230484 |
| South Africa | &nbsp;&nbsp; — | &nbsp;&nbsp; 1218793 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1218793 |
| Spain | &nbsp;&nbsp; 4449 | &nbsp;&nbsp; 590989869 | &nbsp;&nbsp; — | &nbsp;&nbsp; 590994318 |
| Sweden | &nbsp;&nbsp; — | &nbsp;&nbsp; 362774180 | &nbsp;&nbsp; — | &nbsp;&nbsp; 362774180 |
| Switzerland | &nbsp;&nbsp; 52912004 | &nbsp;&nbsp; 1353694087 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1406606091 |
| United Kingdom | &nbsp;&nbsp; 949589216 | &nbsp;&nbsp; 1024880783 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1974469999 |
| United States | &nbsp;&nbsp; — | &nbsp;&nbsp; 20748527 | &nbsp;&nbsp; — | &nbsp;&nbsp; 20748527 |
| Preferred Stocks |  |  |  |  |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 67511302 | &nbsp;&nbsp; — | &nbsp;&nbsp; 67511302 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 233994358 | &nbsp;&nbsp; — | &nbsp;&nbsp; 233994358 |
| Total Investments in Securities | &nbsp;&nbsp; $2931879713 | &nbsp;&nbsp; $12658717183 | &nbsp;&nbsp; — | &nbsp;&nbsp; $15590596896 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 3056690 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 3056690 |
| Total Financial Instruments | &nbsp;&nbsp; $3056690 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $3056690 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

See accompanying Notes to Financial Statements.

872

------

**The Japanese Small Company Series**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (98.8%) | COMMON STOCKS — (98.8%) | COMMON STOCKS — (98.8%) | COMMON STOCKS — (98.8%) |
| COMMUNICATION SERVICES — (2.0%) | COMMUNICATION SERVICES — (2.0%) | COMMUNICATION SERVICES — (2.0%) | COMMUNICATION SERVICES — (2.0%) |
| #\* | Aiming, Inc. | 64200 | $94338 |
|  | Akatsuki, Inc. | 27100 | 461529 |
|  | AlphaPolis Co. Ltd. | 41800 | 412664 |
| # | Amuse, Inc. | 20979 | 256389 |
|  | Anycolor, Inc. | 134523 | 5247540 |
| # | Asahi Net, Inc. | 91600 | 417375 |
| # | Atrae, Inc. | 100900 | 459193 |
|  | Avex, Inc. | 90685 | 710717 |
| #\* | Bank of Innovation, <br> Inc.<br>| 6200 | 306016 |
| \* | Bengo4.com, Inc. | 23900 | 473691 |
| # | Bushiroad, Inc. | 172800 | 322114 |
| # | Ceres, Inc. | 41400 | 561208 |
| \* | COLOPL, Inc. | 194328 | 561330 |
| #\* | Cover Corp. | 105900 | 1255831 |
|  | Daiichikosho Co. Ltd. | 142900 | 1461069 |
| # | DeNA Co. Ltd. | 446000 | 7819499 |
| # | Digital Holdings, Inc. | 20500 | 288144 |
| # | Freebit Co. Ltd. | 65800 | 677261 |
|  | GA Technologies Co. <br> Ltd.<br>| 71700 | 926719 |
| #\* | Geniee, Inc. | 26500 | 204452 |
| # | giftee, Inc. | 1200 | 8475 |
|  | GREE Holdings, Inc. | 226400 | 591389 |
|  | Hakuhodo DY <br> Holdings, Inc.<br>| 389800 | 2821511 |
| # | IG Port, Inc. | 29200 | 275780 |
|  | i-mobile Co. Ltd. | 157700 | 597938 |
|  | Intage Holdings, Inc. | 64300 | 711744 |
|  | Internet Initiative <br> Japan, Inc.<br>| 39300 | 709070 |
|  | IPS, Inc. | 24699 | 481762 |
| # | ITmedia, Inc. | 38600 | 401871 |
| \* | Japan <br> Communications, <br> Inc.<br>| 126900 | 123286 |
| #\* | Jimoty, Inc. | 16300 | 133868 |
| # | Kamakura Shinsho <br> Ltd.<br>| 125000 | 468865 |
| # | LIFULL Co. Ltd. | 316800 | 394582 |
|  | Macbee Planet, Inc. | 20000 | 248775 |
|  | MarkLines Co. Ltd. | 63300 | 812704 |
| # | Marvelous, Inc. | 142900 | 523976 |
|  | Members Co. Ltd. | 5500 | 43184 |
|  | MIXI, Inc. | 146300 | 2952294 |
| \* | NE, Inc. | 20400 | 105898 |
| #\* | NexTone, Inc. | 17700 | 251932 |
|  | Okinawa Cellular <br> Telephone Co.<br>| 310800 | 5181235 |
| # | Port, Inc. | 39800 | 505328 |
|  | PR Times Corp. | 15674 | 302537 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) | COMMUNICATION SERVICES — (Continued) |
| # | Rakumachi, Inc. | 11900 | $91663 |
|  | Septeni Holdings Co. <br> Ltd.<br>| 80800 | 214578 |
|  | Sharingtechnology, <br> Inc.<br>| 108300 | 655901 |
|  | SKY Perfect JSAT <br> Holdings, Inc.<br>| 879800 | 8657208 |
| # | Synchro Food Co. Ltd. | 52900 | 214433 |
|  | Toei Co. Ltd. | 7700 | 273725 |
| # | Tohokushinsha Film <br> Corp.<br>| 284400 | 1113486 |
| # | Tow Co. Ltd. | 108100 | 259686 |
|  | TV Asahi Holdings <br> Corp.<br>| 98100 | 1996273 |
|  | Tv Tokyo Holdings <br> Corp.<br>| 58800 | 1770651 |
|  | U-Next Holdings Co. <br> Ltd.<br>| 323300 | 4267255 |
|  | ValueCommerce Co. <br> Ltd.<br>| 112500 | 490636 |
|  | Vector, Inc. | 137745 | 1038414 |
|  | Vision, Inc. | 142400 | 1130084 |
|  | Wowow, Inc. | 29400 | 277187 |
|  | Zenrin Co. Ltd. | 155150 | 1037071 |
| # | ZIGExN Co. Ltd. | 250735 | 828273 |
| TOTAL COMMUNICATION <br> SERVICES | TOTAL COMMUNICATION <br> SERVICES |  | 65881607 |
| CONSUMER DISCRETIONARY — (16.4%) | CONSUMER DISCRETIONARY — (16.4%) | CONSUMER DISCRETIONARY — (16.4%) | CONSUMER DISCRETIONARY — (16.4%) |
| # | &Do Holdings Co. Ltd. | 25200 | 176495 |
| # | AB & Company Co. <br> Ltd.<br>| 2500 | 17784 |
| \* | Adventure, Inc. | 3700 | 62600 |
| \* | Aeon Fantasy Co. Ltd. | 38232 | 690722 |
| # | Aeon Kyushu Co. Ltd. | 6200 | 120573 |
| #\* | Agora Hospitality <br> Group Co. Ltd.<br>| 159100 | 58784 |
|  | Ahresty Corp. | 90598 | 470446 |
|  | Ainavo Holdings Co. <br> Ltd.<br>| 11200 | 52080 |
| #\* | Airtrip Corp. | 5200 | 29274 |
|  | Aisan Industry Co. <br> Ltd.<br>| 202200 | 2739780 |
| #\* | Akebono Brake <br> Industry Co. Ltd.<br>| 337201 | 250777 |
| # | Alleanza Holdings Co. <br> Ltd.<br>| 51200 | 346753 |
| # | Alpen Co. Ltd. | 80217 | 1184232 |
|  | Alpha Corp. | 5700 | 42942 |
| # | Amiyaki Tei Co. Ltd. | 68942 | 594835 |
|  | AOKI Holdings, Inc. | 165700 | 1786371 |

---

873

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Aoyama Trading Co. <br> Ltd.<br>| 188900 | $2792796 |
|  | Arata Corp. | 137900 | 2686662 |
|  | ARCLANDS Corp. | 244077 | 2772232 |
|  | Asahi Co. Ltd. | 19000 | 161034 |
|  | ASKUL Corp. | 117500 | 1068354 |
| \* | Atsugi Co. Ltd. | 11800 | 86827 |
| # | Aucnet, Inc. | 129200 | 1690648 |
|  | Autobacs Seven Co. <br> Ltd.<br>| 241700 | 2414832 |
| # | Beauty Garage, Inc. | 34000 | 311844 |
| # | Belluna Co. Ltd. | 234800 | 1547244 |
|  | Bic Camera, Inc. | 452100 | 4557360 |
| # | Bookoff Group <br> Holdings Ltd.<br>| 61000 | 523770 |
| # | BRONCO BILLY Co. <br> Ltd.<br>| 11100 | 269380 |
|  | BuySell Technologies <br> Co. Ltd.<br>| 38500 | 842689 |
| # | Can Do Co. Ltd. | 900 | 19958 |
|  | Casio Computer Co. <br> Ltd.<br>| 367000 | 2877128 |
|  | Central Automotive <br> Products Ltd.<br>| 241500 | 2811517 |
| # | Central Sports Co. <br> Ltd.<br>| 32086 | 497144 |
| # | Chikaranomoto <br> Holdings Co. Ltd.<br>| 31100 | 285057 |
|  | Chiyoda Co. Ltd. | 50000 | 317335 |
|  | Chofu Seisakusho Co. <br> Ltd.<br>| 54300 | 688475 |
|  | Choushimaru Co. Ltd. | 3700 | 36605 |
| # | Chuo Spring Co. Ltd. | 50800 | 1094861 |
|  | Cleanup Corp. | 52200 | 257523 |
| # | Colowide Co. Ltd. | 258100 | 2799831 |
| # | Corona Corp. | 10500 | 61492 |
| # | Create Restaurants <br> Holdings, Inc.<br>| 1342600 | 6400933 |
|  | Curves Holdings Co. <br> Ltd.<br>| 254948 | 1201178 |
|  | Daido Metal Co. Ltd. | 88700 | 600751 |
| # | Daikoku Denki Co. <br> Ltd.<br>| 37000 | 641038 |
|  | Daikyonishikawa Corp. | 9551 | 45140 |
|  | Daimaruenawin Co. <br> Ltd.<br>| 2400 | 23032 |
|  | Dainichi Co. Ltd. | 19700 | 117322 |
| # | Daisyo Corp. | 9100 | 64690 |
|  | DCM Holdings Co. <br> Ltd.<br>| 620900 | 5757277 |
|  | Doshisha Co. Ltd. | 130800 | 2459932 |
|  | Doutor Nichires <br> Holdings Co. Ltd.<br>| 150486 | 2347517 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Eagle Industry Co. <br> Ltd.<br>| 146600 | $2595257 |
| # | EAT&HOLDINGS Co. <br> Ltd.<br>| 16400 | 208558 |
| # | EDION Corp. | 448600 | 5901084 |
| # | ES-Con Japan Ltd. | 221100 | 1436006 |
|  | Eslead Corp. | 47700 | 1683512 |
| # | Eternal Hospitality <br> Group Co. Ltd.<br>| 27300 | 496391 |
|  | Exedy Corp. | 223900 | 7523037 |
| # | Fast Fitness Japan, <br> Inc.<br>| 18900 | 219452 |
|  | FCC Co. Ltd. | 171000 | 3454205 |
| # | First Juken Co. Ltd. | 13300 | 96062 |
| # | FJ Next Holdings Co. <br> Ltd.<br>| 91100 | 892975 |
|  | Foster Electric Co. <br> Ltd.<br>| 72100 | 1246565 |
|  | Fuji Corp. Ltd. | 77000 | 409660 |
| # | Fuji Kyuko Co. Ltd. | 37999 | 611080 |
|  | Fujibo Holdings, Inc. | 57700 | 2554555 |
|  | Fujikura Composites, <br> Inc.<br>| 103100 | 1292213 |
|  | Fujishoji Co. Ltd. | 21500 | 148377 |
| # | Fujita Kanko, Inc. | 40100 | 2903047 |
|  | FuKoKu Co. Ltd. | 63900 | 760509 |
|  | Furyu Corp. | 61200 | 414027 |
|  | Futaba Industrial Co. <br> Ltd.<br>| 260700 | 1592185 |
| # | Gakkyusha Co. Ltd. | 47600 | 701209 |
| # | Gamecard Holdings, <br> Inc.<br>| 11000 | 208436 |
| #\* | GENDA, Inc. | 63500 | 304389 |
|  | Genki Global Dining <br> Concepts Corp.<br>| 55700 | 1094028 |
|  | Geo Holdings Corp. | 124100 | 1299117 |
| # | Gift Holdings, Inc. | 51200 | 1071669 |
|  | GLOBERIDE, Inc. | 98698 | 1492950 |
| \* | Gokurakuyu Holdings <br> Co. Ltd.<br>| 3400 | 10580 |
|  | Goldwin, Inc. | 83497 | 1379194 |
| # | Gourmet Kineya Co. <br> Ltd.<br>| 1800 | 11042 |
| # | Greens Co. Ltd. | 36400 | 532098 |
|  | GS Yuasa Corp. | 408283 | 11401120 |
| # | GSI Creos Corp. | 63184 | 946146 |
|  | G-Tekt Corp. | 107900 | 1384429 |
|  | Gunze Ltd. | 163400 | 4024985 |
| # | Hagihara Industries, <br> Inc.<br>| 57100 | 596311 |
| # | Hamee Corp. | 20400 | 68588 |
| # | Happinet Corp. | 99200 | 4040791 |
|  | Hard Off Corp. Co. <br> Ltd.<br>| 58800 | 688738 |

---

874

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Heiwa Corp. | 190800 | $2480280 |
|  | Hiday Hidaka Corp. | 131900 | 2815537 |
| # | HI-LEX Corp. | 102980 | 1910885 |
|  | Himaraya Co. Ltd. | 6700 | 37210 |
| # | HIS Co. Ltd. | 168199 | 1427888 |
|  | H-One Co. Ltd. | 87900 | 761604 |
| # | Honeys Holdings Co. <br> Ltd.<br>| 51940 | 498884 |
|  | Hoosiers Holdings Co. <br> Ltd.<br>| 177700 | 1458381 |
| # | Hotland Holdings Co. <br> Ltd.<br>| 62200 | 828711 |
|  | IBJ, Inc. | 65100 | 339416 |
| # | Ichibanya Co. Ltd. | 199990 | 1167360 |
|  | Ichikoh Industries Ltd. | 196800 | 598521 |
|  | IDOM, Inc. | 332500 | 2482014 |
| # | IKK Holdings, Inc. | 25800 | 126814 |
|  | Imasen Electric <br> Industrial<br>| 23500 | 118587 |
| # | Istyle, Inc. | 375398 | 1092554 |
| \*†† | Izuhakone Railway Co. <br> Ltd.<br>| 300 | 0 |
|  | Izumi Co. Ltd. | 130000 | 2423403 |
| \* | Jade Group, Inc. | 20500 | 215892 |
|  | JANOME Corp. | 62600 | 447895 |
| # | Japan Eyewear <br> Holdings Co. Ltd.<br>| 6400 | 83296 |
|  | Japan Wool Textile Co. <br> Ltd.<br>| 302200 | 3187607 |
|  | JINS Holdings, Inc. | 50600 | 2552959 |
|  | Joshin Denki Co. Ltd. | 55001 | 952315 |
|  | Joyful Honda Co. Ltd. | 217300 | 2874175 |
| # | JP-Holdings, Inc. | 253500 | 977101 |
|  | JTEKT Corp. | 935158 | 9355361 |
|  | JVCKenwood Corp. | 904200 | 7244702 |
| # | Kappa Create Co. Ltd. | 92100 | 889796 |
|  | Kawai Musical <br> Instruments <br> Manufacturing Co. <br> Ltd.<br>| 22000 | 369936 |
|  | King Co. Ltd. | 26400 | 148130 |
|  | Kintetsu Department <br> Store Co. Ltd.<br>| 35700 | 434848 |
|  | Ki-Star Real Estate Co. <br> Ltd.<br>| 49799 | 1690541 |
| #\* | KNT-CT Holdings Co. <br> Ltd.<br>| 39300 | 380602 |
|  | Kohnan Shoji Co. Ltd. | 143100 | 3464486 |
| # | Kojima Co. Ltd. | 110300 | 787011 |
| # | Komatsu Matere Co. <br> Ltd.<br>| 106699 | 594438 |
|  | KOMEDA Holdings Co. <br> Ltd.<br>| 268800 | 5064275 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| # | Komehyo Holdings Co. <br> Ltd.<br>| 38015 | $738409 |
|  | Komeri Co. Ltd. | 140000 | 2912626 |
|  | Koshidaka Holdings <br> Co. Ltd.<br>| 228100 | 1744887 |
| #\* | Kourakuen Corp. | 31900 | 213145 |
|  | K's Holdings Corp. | 650000 | 6443633 |
|  | KU Holdings Co. Ltd. | 115500 | 882107 |
| # | Kura Sushi, Inc. | 60297 | 1298824 |
|  | Kurabo Industries Ltd. | 90100 | 4096796 |
| # | Kushikatsu Tanaka <br> Holdings Co.<br>| 15000 | 211197 |
| # | KYB Corp. | 203000 | 5147856 |
| # | Kyoritsu Maintenance <br> Co. Ltd.<br>| 324100 | 6307589 |
| # | LEC, Inc. | 142200 | 940738 |
|  | LITALICO, Inc. | 116700 | 933249 |
| # | Look Holdings, Inc. | 37100 | 636130 |
|  | Mamiya-Op Co. Ltd. | 12400 | 151574 |
|  | Mars Group Holdings <br> Corp.<br>| 60000 | 1194070 |
| # | Maruchiyo Yamaokaya <br> Corp.<br>| 55000 | 956353 |
|  | Maruzen CHI Holdings <br> Co. Ltd.<br>| 22800 | 48967 |
|  | Matsuoka Corp. | 12800 | 187141 |
|  | Matsuya Co. Ltd. | 158700 | 1776837 |
| # | Matsuyafoods Holdings <br> Co. Ltd.<br>| 34600 | 1313300 |
| # | Media Do Co. Ltd. | 30983 | 365686 |
|  | Meiko Network Japan <br> Co. Ltd.<br>| 18900 | 86266 |
|  | Meiwa Estate Co. Ltd. | 73200 | 507820 |
| \* | Mercari, Inc. | 515501 | 7644041 |
|  | Mitsuba Corp. | 84390 | 512965 |
|  | Mizuno Corp. | 282400 | 5094521 |
| # | Monogatari Corp. | 169700 | 4242919 |
|  | Morito Co. Ltd. | 107800 | 1135648 |
| # | MOS Food Services, <br> Inc.<br>| 67800 | 1700394 |
|  | MrMax Holdings Ltd. | 88125 | 440300 |
| # | Murakami Corp. | 31800 | 1396318 |
|  | Musashi Seimitsu <br> Industry Co. Ltd.<br>| 263700 | 5949088 |
| # | Nafco Co. Ltd. | 55000 | 712948 |
|  | Nagase Brothers, Inc. | 8600 | 125204 |
|  | New Art Holdings Co. <br> Ltd.<br>| 39747 | 369555 |
| # | Nextage Co. Ltd. | 206100 | 3097023 |
|  | NHK Spring Co. Ltd. | 557135 | 10445091 |
|  | Nichirin Co. Ltd. | 61160 | 1423188 |
|  | Nifco, Inc. | 223100 | 6465334 |
|  | Nihon Tokushu Toryo <br> Co. Ltd.<br>| 64200 | 868961 |
|  | Nihon Trim Co. Ltd. | 2000 | 62438 |

---

875

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Nikon Corp. | 127700 | $1489323 |
| # | Nippon Felt Co. Ltd. | 12300 | 47294 |
|  | Nippon Seiki Co. Ltd. | 207500 | 2397767 |
| # | Nippon Ski Resort <br> Development Co. <br> Ltd.<br>| 22400 | 75681 |
| # | Nishikawa Rubber Co. <br> Ltd.<br>| 68200 | 1255233 |
|  | Nishimatsuya Chain <br> Co. Ltd.<br>| 102900 | 1376804 |
| # | Nissan Shatai Co. Ltd. | 302901 | 2016668 |
|  | Nissan Tokyo Sales <br> Holdings Co. Ltd.<br>| 186200 | 606839 |
|  | NITTAN Corp. | 29500 | 127412 |
| # | Nojima Corp. | 1137900 | 8402055 |
|  | NOK Corp. | 215580 | 3827951 |
|  | Noritsu Koki Co. Ltd. | 322200 | 3497501 |
|  | Noritz Corp. | 165300 | 2146342 |
|  | NPR-RIKEN Corp. | 102498 | 2075392 |
| # | Ohashi Technica, Inc. | 61000 | 809498 |
|  | Ohsho Food Service <br> Corp.<br>| 203400 | 4445714 |
|  | Onward Holdings Co. <br> Ltd.<br>| 213100 | 894324 |
| # | Ootoya Holdings Co. <br> Ltd.<br>| 10800 | 394959 |
| # | Optimus Group Co. <br> Ltd.<br>| 14300 | 31127 |
|  | Pacific Industrial Co. <br> Ltd.<br>| 239900 | 4784233 |
|  | PAL GROUP Holdings <br> Co. Ltd.<br>| 473400 | 6091433 |
|  | PALTAC Corp. | 135100 | 3984433 |
| \* | PIA Corp. | 14200 | 276734 |
|  | Piolax, Inc. | 155800 | 1735986 |
| # | Press Kogyo Co. Ltd. | 361200 | 1530806 |
|  | QB Net Holdings Co. <br> Ltd.<br>| 49583 | 436447 |
| # | Raccoon Holdings, <br> Inc.<br>| 43200 | 186757 |
| # | Renaissance, Inc. | 25800 | 175848 |
|  | Resol Holdings Co. <br> Ltd.<br>| 1200 | 41938 |
|  | Resorttrust, Inc. | 914528 | 10776977 |
| # | Rhythm Co. Ltd. | 34000 | 739499 |
| # | Ride On Express <br> Holdings Co. Ltd.<br>| 3400 | 22059 |
| # | Ringer Hut Co. Ltd. | 75100 | 1083107 |
| # | Riso Kyoiku Group <br> Corp.<br>| 289865 | 370175 |
| # | Rock Field Co. Ltd. | 90200 | 830154 |
|  | Roland Corp. | 44900 | 951187 |
|  | Round One Corp. | 860314 | 6177230 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| # | Royal Holdings Co. <br> Ltd.<br>| 140400 | $2331707 |
| # | Sac's Bar Holdings, <br> Inc.<br>| 11329 | 57550 |
|  | Sagami Holdings <br> Corp.<br>| 21100 | 228494 |
|  | Saizeriya Co. Ltd. | 125200 | 4093793 |
|  | San Holdings, Inc. | 101100 | 985128 |
|  | Sangetsu Corp. | 264250 | 5167106 |
| # | Sankyo Seiko Co. Ltd. | 189400 | 827902 |
|  | Sanoh Industrial Co. <br> Ltd.<br>| 67100 | 399196 |
|  | Sanyo Shokai Ltd. | 37299 | 769509 |
|  | Scroll Corp. | 181700 | 1291479 |
|  | Seiko Group Corp. | 162781 | 7475546 |
|  | Seiren Co. Ltd. | 257000 | 5262921 |
| #\* | Senshukai Co. Ltd. | 39100 | 57542 |
|  | Seria Co. Ltd. | 145123 | 2763414 |
| # | SFP Holdings Co. Ltd. | 35600 | 466602 |
| #\* | Sharp Corp. | 261900 | 1453849 |
|  | Shikibo Ltd. | 12226 | 79571 |
|  | Shoei Co. Ltd. | 293600 | 3118662 |
| # | Soft99 Corp. | 81400 | 2076754 |
|  | Solvvy, Inc. | 8600 | 119992 |
|  | Sotoh Co. Ltd. | 7300 | 36040 |
|  | SPK Corp. | 48600 | 704940 |
|  | Sprix, Inc. | 12800 | 113769 |
| # | SRS Holdings Co. Ltd. | 107900 | 802327 |
|  | ST HD Co. Ltd. | 132604 | 2237593 |
|  | St. Marc Holdings Co. <br> Ltd.<br>| 57700 | 996780 |
|  | Stanley Electric Co. <br> Ltd.<br>| 382100 | 7505287 |
| # | Step Co. Ltd. | 56800 | 893775 |
|  | Suminoe Co. Ltd. | 16400 | 128648 |
|  | Sumitomo Riko Co. <br> Ltd.<br>| 224598 | 3800798 |
| # | Sumitomo Rubber <br> Industries Ltd.<br>| 655600 | 7678005 |
| # | Suncall Corp. | 35800 | 234533 |
|  | Syuppin Co. Ltd. | 79900 | 658840 |
|  | T RAD Co. Ltd. | 20800 | 941042 |
|  | Tachikawa Corp. | 63100 | 774121 |
|  | Tachi-S Co. Ltd. | 112240 | 1422762 |
|  | Taiho Kogyo Co. Ltd. | 38001 | 168585 |
|  | Takashimaya Co. Ltd. | 1147398 | 12272975 |
|  | Take & Give Needs <br> Co. Ltd.<br>| 21568 | 115085 |
| # | Tama Home Co. Ltd. | 80200 | 1879317 |
|  | Tamron Co. Ltd. | 824800 | 5857358 |
| # | Temairazu, Inc. | 8201 | 171026 |
|  | Tigers Polymer Corp. | 33300 | 208921 |
| # | Toa Corp. (6809 JP) | 87617 | 717805 |
|  | Tokai Rika Co. Ltd. | 297000 | 5335427 |
|  | Token Corp. | 39250 | 3600696 |

---

876

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| # | Tokyo Base Co. Ltd. | 102500 | $301928 |
|  | Tokyo Individualized <br> Educational Institute, <br> Inc.<br>| 5245 | 15140 |
|  | Tokyotokeiba Co. Ltd. | 80700 | 2893681 |
|  | Tomy Co. Ltd. | 340493 | 7004535 |
|  | Topre Corp. | 186100 | 2697684 |
| # | Toridoll Holdings Corp. | 172300 | 4990543 |
| # | Tosho Co. Ltd. | 78501 | 400941 |
|  | Toyo Tire Corp. | 286488 | 7829733 |
|  | Toyoda Gosei Co. Ltd. | 292599 | 6772138 |
|  | Toyota Boshoku Corp. | 476400 | 7243698 |
|  | TPR Co. Ltd. | 229124 | 1799397 |
| # | Treasure Factory Co. <br> Ltd.<br>| 68700 | 744675 |
|  | TS Tech Co. Ltd. | 353486 | 4189437 |
|  | TSI Holdings Co. Ltd. | 243095 | 1508447 |
|  | Tsuburaya Fields <br> Holdings, Inc.<br>| 155700 | 2189281 |
|  | Tsukada Global <br> Holdings, Inc.<br>| 23900 | 97394 |
|  | Tsutsumi Jewelry Co. <br> Ltd.<br>| 20900 | 306491 |
|  | Unipres Corp. | 129897 | 1008379 |
|  | United Arrows Ltd. | 114300 | 1427573 |
| \* | Universal <br> Entertainment Corp.<br>| 64718 | 362521 |
|  | VT Holdings Co. Ltd. | 407900 | 1287570 |
|  | Wacoal Holdings <br> Corp.<br>| 171500 | 5980404 |
| # | Waseda Academy Co. <br> Ltd.<br>| 46300 | 714343 |
|  | Washington Hotel <br> Corp.<br>| 4500 | 43970 |
| # | WATAMI Co. Ltd. | 92600 | 543249 |
|  | Weds Co. Ltd. | 5200 | 21377 |
|  | Workman Co. Ltd. | 6266 | 235684 |
|  | World Co. Ltd. | 97500 | 1710875 |
|  | Xebio Holdings Co. <br> Ltd.<br>| 29996 | 212053 |
|  | Yagi & Co. Ltd. | 12500 | 250712 |
|  | Yamada Holdings Co. <br> Ltd.<br>| 1794493 | 5394622 |
|  | Yamae Group Holdings <br> Co. Ltd.<br>| 65800 | 1092374 |
|  | Yamato International, <br> Inc.<br>| 7200 | 28358 |
|  | Yellow Hat Ltd. | 409200 | 4120517 |
| # | Yondoshi Holdings, <br> Inc.<br>| 23520 | 261155 |
|  | Yonex Co. Ltd. | 238000 | 6121492 |
| # | Yorozu Corp. | 33392 | 198370 |
| # | Yoshinoya Holdings <br> Co. Ltd.<br>| 328100 | 6476524 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
| # | Yossix Holdings Co. <br> Ltd.<br>| 26800 | $439853 |
|  | Yutaka Giken Co. Ltd. | 7800 | 153205 |
|  | Zojirushi Corp. | 22700 | 244685 |
| TOTAL CONSUMER <br> DISCRETIONARY | TOTAL CONSUMER <br> DISCRETIONARY |  | 546226051 |
| CONSUMER STAPLES — (7.5%) | CONSUMER STAPLES — (7.5%) | CONSUMER STAPLES — (7.5%) | CONSUMER STAPLES — (7.5%) |
|  | Aeon Hokkaido Corp. | 212400 | 1196972 |
| # | AFC-HD AMS Life <br> Science Co. Ltd.<br>| 27600 | 152333 |
|  | Ain Holdings, Inc. | 71100 | 2979033 |
| # | Albis Co. Ltd. | 12113 | 210721 |
|  | Almado, Inc. | 3200 | 22267 |
|  | Arcs Co. Ltd. | 193000 | 3922065 |
| # | Artnature, Inc. | 45200 | 247489 |
|  | Axial Retailing, Inc. | 348000 | 2457824 |
|  | Belc Co. Ltd. | 64700 | 3037618 |
|  | Blue Zones Holdings <br> Co. Ltd.<br>| 53300 | 2712617 |
|  | Bourbon Corp. | 36900 | 581470 |
| # | Bull-Dog Sauce Co. <br> Ltd.<br>| 3000 | 37005 |
|  | Calbee, Inc. | 264600 | 4924401 |
|  | Cawachi Ltd. | 56609 | 1089524 |
|  | Chubu Shiryo Co. Ltd. | 130295 | 1353579 |
|  | Chuo Gyorui Co. Ltd. | 7000 | 158740 |
|  | Coca-Cola Bottlers <br> Japan Holdings, Inc.<br>| 230079 | 3681950 |
| # | Como Co. Ltd. | 2600 | 55310 |
| # | Cota Co. Ltd. | 135245 | 1065001 |
|  | Create SD Holdings <br> Co. Ltd.<br>| 123253 | 2554339 |
| # | Daikokutenbussan Co. <br> Ltd.<br>| 30900 | 1241429 |
| # | DyDo Group Holdings, <br> Inc.<br>| 69600 | 1096006 |
|  | Earth Corp. | 24700 | 806972 |
| # | Ebara Foods Industry, <br> Inc.<br>| 14600 | 235236 |
| # | Eco's Co. Ltd. | 42500 | 781996 |
| # | Ensuiko Sugar <br> Refining Co. Ltd.<br>| 44500 | 145130 |
|  | Ezaki Glico Co. Ltd. | 233900 | 7474600 |
|  | Feed One Co. Ltd. | 89537 | 591178 |
|  | Fuji Co. Ltd. | 52600 | 671758 |
|  | Fuji Oil Co. Ltd. | 205700 | 4254711 |
| # | Fujicco Co. Ltd. | 77600 | 804661 |
| # | Fujiya Co. Ltd. | 35300 | 592334 |
|  | G-7 Holdings, Inc. | 139700 | 1158285 |
| # | Genky DrugStores Co. <br> Ltd.<br>| 98200 | 3268719 |
|  | H2O Retailing Corp. | 474487 | 6419436 |

---

877

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
| # | HABA Laboratories, <br> Inc.<br>| 500 | $5407 |
|  | Hagoromo Foods <br> Corp.<br>| 15800 | 335959 |
|  | Halows Co. Ltd. | 55200 | 1564898 |
|  | Heiwado Co. Ltd. | 175200 | 3222757 |
|  | Hokkaido Coca-Cola <br> Bottling Co. Ltd.<br>| 37398 | 937933 |
|  | Hokuryo Co. Ltd. | 5400 | 97385 |
|  | Hokuto Corp. | 57200 | 676916 |
|  | House Foods Group, <br> Inc.<br>| 202500 | 3794673 |
| # | Ichimasa Kamaboko <br> Co. Ltd.<br>| 22900 | 110851 |
| # | Imuraya Group Co. <br> Ltd.<br>| 23603 | 379545 |
| # | I-NE Co. Ltd. | 10900 | 88824 |
| # | Ito En Ltd. | 258909 | 5336374 |
|  | Itochu-Shokuhin Co. <br> Ltd.<br>| 34700 | 2109205 |
|  | Itoham Yonekyu <br> Holdings, Inc.<br>| 136680 | 4887287 |
|  | Iwatsuka Confectionery <br> Co. Ltd.<br>| 17400 | 337075 |
|  | JM Holdings Co. Ltd. | 129400 | 1265052 |
|  | J-Oil Mills, Inc. | 66724 | 873430 |
|  | Kadoya Sesame Mills, <br> Inc.<br>| 2100 | 51953 |
| # | Kagome Co. Ltd. | 418200 | 7225121 |
| # | Kakiyasu Honten Co. <br> Ltd.<br>| 37000 | 626196 |
| # | Kameda Seika Co. <br> Ltd.<br>| 74399 | 1854584 |
|  | Kaneko Seeds Co. <br> Ltd.<br>| 20800 | 223431 |
|  | Kanemi Co. Ltd. | 1200 | 25799 |
| # | Kanro, Inc. | 81000 | 763374 |
|  | Kato Sangyo Co. Ltd. | 139300 | 5347234 |
| # | Kenko Mayonnaise Co. <br> Ltd.<br>| 48177 | 568864 |
| # | Kibun Foods, Inc. | 46900 | 326900 |
|  | Kitoku Shinryo Co. <br> Ltd.<br>| 5100 | 143098 |
| # | Koike-ya, Inc. | 600 | 17767 |
|  | Kose Corp. | 72800 | 2789004 |
| # | Kotobuki Spirits Co. <br> Ltd.<br>| 381631 | 4575431 |
| # | Kusuri No. Aoki <br> Holdings Co. Ltd.<br>| 262800 | 6659041 |
|  | Kyokuyo Co. Ltd. | 49900 | 1542613 |
| # | Lacto Japan Co. Ltd. | 39700 | 888858 |
|  | Life Corp. | 202400 | 3175326 |
|  | Lifedrink Co., Inc. | 157600 | 2050729 |
|  | Lion Corp. | 730025 | 7193683 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | Mandom Corp. | 163160 | $2567032 |
| # | Marudai Food Co. Ltd. | 45300 | 550720 |
|  | Maruha Nichiro Corp. | 167187 | 3737199 |
|  | Maxvalu Tokai Co. <br> Ltd.<br>| 50800 | 1151595 |
| # | Medical System <br> Network Co. Ltd.<br>| 42600 | 135814 |
|  | Megmilk Snow Brand <br> Co. Ltd.<br>| 117400 | 2153189 |
| # | Meito Co. Ltd. | 43900 | 607280 |
|  | Milbon Co. Ltd. | 126252 | 1896291 |
| # | Mitsui DM Sugar Co. <br> Ltd.<br>| 82290 | 1620574 |
|  | Miyoshi Oil & Fat Co. <br> Ltd.<br>| 21400 | 305359 |
|  | Morinaga & Co. Ltd. | 309298 | 5329442 |
|  | Morinaga Milk Industry <br> Co. Ltd.<br>| 396100 | 8550255 |
|  | Morozoff Ltd. | 39200 | 387659 |
|  | Nakamuraya Co. Ltd. | 5299 | 104528 |
| # | Natori Co. Ltd. | 36400 | 459239 |
|  | Nichimo Co. Ltd. | 28241 | 456409 |
|  | Nichirei Corp. | 694916 | 8225979 |
| # | Niitaka Co. Ltd. | 1860 | 31964 |
|  | Nippn Corp. | 293400 | 4171279 |
|  | Nippon Beet Sugar <br> Manufacturing Co. <br> Ltd.<br>| 32560 | 631101 |
|  | Nisshin Oillio Group <br> Ltd.<br>| 145500 | 4807490 |
|  | Nissui Corp. | 1585000 | 11042714 |
|  | Nitto Fuji Flour Milling <br> Co. Ltd.<br>| 14100 | 635312 |
|  | Noevir Holdings Co. <br> Ltd.<br>| 32000 | 908144 |
| # | Oenon Holdings, Inc. | 223100 | 746441 |
|  | OIE Sangyo Co. Ltd. | 22000 | 310692 |
|  | Oisix ra daichi, Inc. | 30800 | 340180 |
| # | Okamura Foods Co. <br> Ltd.<br>| 12800 | 99569 |
|  | Okuwa Co. Ltd. | 19500 | 105165 |
|  | OUG Holdings, Inc. | 20000 | 501687 |
|  | Pickles Holdings Co. <br> Ltd.<br>| 24000 | 171104 |
| # | Pigeon Corp. | 330025 | 3733104 |
|  | Premium Water <br> Holdings, Inc.<br>| 12700 | 272870 |
|  | Prima Meat Packers <br> Ltd.<br>| 154100 | 2475458 |
| # | Qol Holdings Co. Ltd. | 96501 | 1216716 |
|  | Retail Partners Co. <br> Ltd.<br>| 58900 | 492052 |
|  | Riken Vitamin Co. Ltd. | 134900 | 2448991 |
| # | Rokko Butter Co. Ltd. | 36500 | 277892 |

---

878

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | S Foods, Inc. | 75562 | $1226386 |
| # | S&B Foods, Inc. | 69188 | 1494870 |
|  | Sakata Seed Corp. | 96200 | 2464949 |
|  | San-A Co. Ltd. | 213400 | 3712021 |
|  | Sato Foods Co. Ltd. | 800 | 40519 |
|  | Satudora Holdings Co. <br> Ltd.<br>| 3900 | 20831 |
| # | Shimadaya Corp. | 26800 | 306511 |
| # | Shinnihonseiyaku Co. <br> Ltd.<br>| 38900 | 545201 |
| # | Shinobu Foods <br> Products Co. Ltd.<br>| 1600 | 15316 |
| # | Shoei Foods Corp. | 24900 | 636502 |
|  | Showa Sangyo Co. <br> Ltd.<br>| 103700 | 1979477 |
| # | ST Corp. | 8400 | 85446 |
|  | Starzen Co. Ltd. | 258300 | 1943554 |
|  | STI Foods Holdings, <br> Inc.<br>| 18027 | 150091 |
|  | Takara Holdings, Inc. | 744277 | 7580636 |
|  | Toho Co. Ltd. (8142 <br> JP)<br>| 38300 | 823601 |
|  | Torigoe Co. Ltd. | 61000 | 437780 |
| # | Transaction Co. Ltd. | 173400 | 1150591 |
| # | Trial Holdings, Inc. | 40500 | 540281 |
| # | United Super Markets <br> Holdings, Inc.<br>| 287350 | 1534064 |
|  | Valor Holdings Co. <br> Ltd.<br>| 190900 | 3494523 |
| # | Warabeya Nichiyo <br> Holdings Co. Ltd.<br>| 61760 | 1248742 |
| # | Watahan & Co. Ltd. | 68800 | 638522 |
|  | Wellneo Sugar Co. <br> Ltd.<br>| 64400 | 1053169 |
|  | YAKUODO Holdings <br> Co. Ltd.<br>| 56300 | 742167 |
| # | Yamami Co. | 14300 | 371784 |
| # | Yamatane Corp. | 114400 | 1892492 |
| # | Yamaya Corp. | 21100 | 323926 |
| # | Yokorei Co. Ltd. | 226400 | 1800961 |
|  | Yomeishu Seizo Co. <br> Ltd.<br>| 36500 | 984059 |
| #\* | Yoshimura Food <br> Holdings KK<br>| 35800 | 151787 |
|  | Yuasa Funashoku Co. <br> Ltd.<br>| 55600 | 596629 |
| # | Yukiguni Factory Co. <br> Ltd.<br>| 82082 | 547617 |
| # | Yutaka Foods Corp. | 3900 | 53413 |
| TOTAL CONSUMER <br> STAPLES | TOTAL CONSUMER <br> STAPLES |  | 248302193 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ENERGY — (0.9%) | ENERGY — (0.9%) | ENERGY — (0.9%) | ENERGY — (0.9%) |
|  | Fuji United Holdings <br> Co. Ltd.<br>| 3400 | $25866 |
|  | Itochu Enex Co. Ltd. | 335400 | 3957189 |
|  | Iwatani Corp. | 661149 | 6883055 |
|  | Japan Petroleum <br> Exploration Co. Ltd.<br>| 793700 | 6633359 |
| # | Mitsuuroko Group <br> Holdings Co. Ltd.<br>| 195200 | 2667016 |
| #\* | Nippon Coke & <br> Engineering Co. <br> Ltd.<br>| 446400 | 274583 |
|  | Sala Corp. | 241101 | 1642790 |
|  | San-Ai Obbli Co. Ltd. | 355900 | 4713863 |
| # | Sinanen Holdings Co. <br> Ltd.<br>| 40800 | 1633866 |
|  | Toyo Kanetsu KK | 32000 | 936091 |
| TOTAL ENERGY | TOTAL ENERGY |  | 29367678 |
| FINANCIALS — (9.4%) | FINANCIALS — (9.4%) | FINANCIALS — (9.4%) | FINANCIALS — (9.4%) |
|  | 77 Bank Ltd. | 311752 | 13362391 |
|  | AEON Financial <br> Service Co. Ltd.<br>| 492200 | 4814315 |
|  | Aichi Financial Group, <br> Inc.<br>| 43000 | 1108693 |
|  | Aiful Corp. | 1391600 | 4092378 |
| # | Aizawa Securities <br> Group Co. Ltd.<br>| 64800 | 548171 |
|  | Akatsuki Corp. | 145700 | 505208 |
|  | Akita Bank Ltd. | 52440 | 1242498 |
|  | Anicom Holdings, Inc. | 226829 | 1169753 |
|  | Aozora Bank Ltd. | 272600 | 3903107 |
|  | Awa Bank Ltd. | 124828 | 2949114 |
|  | Bank of Iwate Ltd. | 38982 | 1023591 |
|  | Bank of Nagoya Ltd. | 180387 | 4606005 |
|  | Bank of Saga Ltd. | 40020 | 830943 |
|  | Bank of the Ryukyus <br> Ltd.<br>| 106967 | 1043605 |
| # | CCI Group, Inc. | 1221000 | 5219126 |
| # | Chiba Kogyo Bank <br> Ltd.<br>| 270358 | 2820886 |
|  | Chugin Financial <br> Group, Inc.<br>| 723900 | 10094708 |
|  | Daishi Hokuetsu <br> Financial Group, <br> Inc.<br>| 1310700 | 12640478 |
|  | eGuarantee, Inc. | 177445 | 1830308 |
|  | Ehime Bank Ltd. | 93401 | 757441 |
|  | Entrust, Inc. | 40500 | 276094 |
|  | FIDEA Holdings Co. <br> Ltd.<br>| 28292 | 303842 |
|  | Financial Partners <br> Group Co. Ltd.<br>| 309900 | 4295987 |
| # | Fintech Global, Inc. | 437900 | 289211 |

---

879

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| # | First Bank of Toyama <br> Ltd.<br>| 280200 | $2649396 |
| # | FP Partner, Inc. | 19200 | 281885 |
|  | Fukui Bank Ltd. | 14062 | 198227 |
|  | Fuyo General Lease <br> Co. Ltd.<br>| 138200 | 3613177 |
| # | GMO Financial Gate, <br> Inc.<br>| 11238 | 420594 |
| # | GMO Financial <br> Holdings, Inc.<br>| 208900 | 1218980 |
|  | Hirogin Holdings, Inc. | 1353200 | 12642724 |
| # | Hirose Tusyo, Inc. | 20300 | 493769 |
|  | Hokuhoku Financial <br> Group, Inc.<br>| 602553 | 14761138 |
|  | HS Holdings Co. Ltd. | 75912 | 493886 |
|  | Hyakugo Bank Ltd. | 1266509 | 7854438 |
|  | Hyakujushi Bank Ltd. | 95800 | 3353785 |
| # | Ichiyoshi Securities Co. <br> Ltd.<br>| 99900 | 550349 |
|  | IwaiCosmo Holdings, <br> Inc.<br>| 115600 | 2111644 |
|  | J Trust Co. Ltd. | 351234 | 923590 |
|  | Jaccs Co. Ltd. | 134600 | 3520502 |
|  | JAFCO Group Co. <br> Ltd.<br>| 430700 | 6731822 |
|  | Japan Investment <br> Adviser Co. Ltd.<br>| 108100 | 1238875 |
|  | Japan Securities <br> Finance Co. Ltd.<br>| 441300 | 5067686 |
|  | J-Lease Co. Ltd. | 63800 | 622673 |
|  | Juroku Financial <br> Group, Inc.<br>| 169800 | 6184131 |
|  | Keiyo Bank Ltd. | 270315 | 2280548 |
|  | Kita-Nippon Bank Ltd. | 24306 | 594124 |
|  | Kiyo Bank Ltd. | 364290 | 7095166 |
| # | Kyokuto Securities Co. <br> Ltd.<br>| 93300 | 921750 |
|  | Kyushu Financial <br> Group, Inc.<br>| 1187677 | 6807025 |
|  | Kyushu Leasing <br> Service Co. Ltd.<br>| 35700 | 306923 |
|  | M&A Capital Partners <br> Co. Ltd.<br>| 39000 | 744699 |
|  | Marusan Securities Co. <br> Ltd.<br>| 30500 | 183565 |
| # | Matsui Securities Co. <br> Ltd.<br>| 329900 | 1643356 |
|  | Mercuria Holdings Co. <br> Ltd.<br>| 7600 | 41941 |
| # | Mito Securities Co. <br> Ltd.<br>| 223829 | 743290 |
| # | Miyazaki Bank Ltd. | 68700 | 2065871 |
|  | Mizuho Leasing Co. <br> Ltd.<br>| 840600 | 6734261 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Musashino Bank Ltd. | 128421 | $3454857 |
|  | Nanto Bank Ltd. | 126400 | 4203995 |
| # | NEC Capital Solutions <br> Ltd.<br>| 59700 | 1475068 |
| \* | Net Protections <br> Holdings, Inc.<br>| 164100 | 845613 |
|  | Nihon M&A Center <br> Holdings, Inc.<br>| 1311900 | 6178771 |
|  | Nishi-Nippon Financial <br> Holdings, Inc.<br>| 689700 | 11785779 |
|  | North Pacific Bank <br> Ltd.<br>| 1360200 | 6370279 |
|  | Ogaki Kyoritsu Bank <br> Ltd.<br>| 127700 | 3056898 |
|  | Oita Bank Ltd. | 56899 | 1877972 |
|  | Okasan Securities <br> Group, Inc.<br>| 656700 | 2942994 |
|  | Okinawa Financial <br> Group, Inc.<br>| 59516 | 1483239 |
|  | Orient Corp. | 196190 | 1226147 |
|  | Premium Group Co. <br> Ltd.<br>| 179300 | 2295354 |
|  | Procrea Holdings, Inc. | 104972 | 1178830 |
| # | Ricoh Leasing Co. <br> Ltd.<br>| 91300 | 3352999 |
| # | San ju San Financial <br> Group, Inc.<br>| 84213 | 1991778 |
|  | San-In Godo Bank <br> Ltd.<br>| 898300 | 7898461 |
| #\* | SBI ARUHI Corp. | 67000 | 347098 |
| # | SBI Global Asset <br> Management Co. <br> Ltd.<br>| 94700 | 364165 |
|  | SBI Insurance Group <br> Co. Ltd.<br>| 7700 | 77468 |
|  | Senshu Ikeda <br> Holdings, Inc.<br>| 1135328 | 4900464 |
|  | Seven Bank Ltd. | 2626899 | 4825627 |
| # | Shiga Bank Ltd. | 233400 | 9428020 |
|  | Shikoku Bank Ltd. | 93290 | 880425 |
| # | Shimizu Bank Ltd. | 29400 | 384066 |
|  | Sparx Group Co. Ltd. | 80960 | 816669 |
|  | Strike Co. Ltd. | 40400 | 995267 |
|  | Suruga Bank Ltd. | 830300 | 8311395 |
|  | Taiko Bank Ltd. | 1600 | 18104 |
|  | Tochigi Bank Ltd. | 443100 | 1579753 |
| # | Toho Bank Ltd. | 477500 | 1413127 |
|  | Tohoku Bank Ltd. | 7601 | 65228 |
|  | Tokai Tokyo Financial <br> Holdings, Inc.<br>| 528101 | 1956807 |
|  | Tokyo Kiraboshi <br> Financial Group, <br> Inc.<br>| 147338 | 7015468 |
|  | Tomato Bank Ltd. | 4700 | 42086 |

---

880

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | TOMONY Holdings, <br> Inc.<br>| 784743 | $3477572 |
|  | Tottori Bank Ltd. | 3400 | 29654 |
|  | Towa Bank Ltd. | 114998 | 692626 |
|  | Toyo Securities Co. <br> Ltd.<br>| 278700 | 994837 |
| # | Traders Holdings Co. <br> Ltd.<br>| 67720 | 392943 |
|  | Tsukuba Bank Ltd. | 443700 | 907087 |
|  | Wellnet Corp. | 80700 | 340976 |
| # | Yamagata Bank Ltd. | 47100 | 512495 |
|  | Yamaguchi Financial <br> Group, Inc.<br>| 468030 | 5362146 |
|  | Yamanashi Chuo Bank <br> Ltd.<br>| 124026 | 2641151 |
|  | Zenkoku Hosho Co. <br> Ltd.<br>| 352707 | 7249170 |
| TOTAL FINANCIALS | TOTAL FINANCIALS |  | 312464571 |
| HEALTH CARE — (3.3%) | HEALTH CARE — (3.3%) | HEALTH CARE — (3.3%) | HEALTH CARE — (3.3%) |
|  | Alfresa Holdings Corp. | 392800 | 5549623 |
| # | Amvis Holdings, Inc. | 91600 | 311490 |
|  | As One Corp. | 216200 | 3529224 |
| # | ASKA Pharmaceutical <br> Holdings Co. Ltd.<br>| 119100 | 1617422 |
| # | Astena Holdings Co. <br> Ltd.<br>| 141400 | 428859 |
|  | BML, Inc. | 135600 | 3212364 |
| # | Charm Care Corp. KK | 65400 | 462237 |
|  | Create Medic Co. Ltd. | 7000 | 46784 |
| \* | CUC, Inc. | 34900 | 238695 |
| #\* | CYBERDYNE, Inc. | 226400 | 258368 |
|  | Daito Pharmaceutical <br> Co. Ltd.<br>| 147818 | 1192314 |
|  | Elan Corp. | 85086 | 431932 |
|  | EM Systems Co. Ltd. | 139900 | 741368 |
|  | eWeLL Co. Ltd. | 20500 | 368078 |
|  | FALCO HOLDINGS <br> Co. Ltd.<br>| 51000 | 820800 |
|  | FINDEX, Inc. | 23400 | 124962 |
| # | France Bed Holdings <br> Co. Ltd.<br>| 83355 | 712039 |
| # | Fuji Pharma Co. Ltd. | 73701 | 754040 |
|  | Fukuda Denshi Co. <br> Ltd.<br>| 100200 | 4532886 |
|  | Fuso Pharmaceutical <br> Industries Ltd.<br>| 5300 | 72773 |
|  | H.U. Group Holdings, <br> Inc.<br>| 193929 | 4731936 |
|  | Hisamitsu <br> Pharmaceutical Co., <br> Inc.<br>| 138968 | 3612290 |
|  | Hogy Medical Co. Ltd. | 14400 | 499871 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
|  | Japan Animal Referral <br> Medical Center Co. <br> Ltd.<br>| 1500 | $46102 |
| # | Japan Hospice <br> Holdings, Inc.<br>| 2700 | 23704 |
|  | Japan Lifeline Co. Ltd. | 158800 | 1507338 |
| # | Japan Medical <br> Dynamic Marketing, <br> Inc.<br>| 43501 | 134458 |
|  | Kaken Pharmaceutical <br> Co. Ltd.<br>| 75300 | 1791042 |
|  | Kanamic Network Co. <br> Ltd.<br>| 47100 | 146883 |
|  | Kissei Pharmaceutical <br> Co. Ltd.<br>| 166400 | 4345383 |
|  | Koa Shoji Holdings Co. <br> Ltd.<br>| 4100 | 20785 |
|  | Kyorin Pharmaceutical <br> Co. Ltd.<br>| 108846 | 992158 |
|  | Mani, Inc. | 176400 | 1687554 |
|  | Medikit Co. Ltd. | 2000 | 35127 |
| # | Medius Holdings Co. <br> Ltd.<br>| 33300 | 172498 |
| #\* | Medley, Inc. | 91822 | 1253413 |
| # | Menicon Co. Ltd. | 227799 | 1775929 |
| # | Mizuho Medy Co. Ltd. | 58900 | 622932 |
|  | Mochida <br> Pharmaceutical Co. <br> Ltd.<br>| 31223 | 596463 |
|  | Nakanishi, Inc. | 172600 | 2285255 |
|  | Nippon Shinyaku Co. <br> Ltd.<br>| 202200 | 4230744 |
|  | Nipro Corp. | 640400 | 6251166 |
| #\* | Nxera Pharma Co. <br> Ltd.<br>| 254300 | 1479279 |
|  | Paramount Bed <br> Holdings Co. Ltd.<br>| 206200 | 4722149 |
| \* | PeptiDream, Inc. | 122193 | 1237212 |
| # | Pharma Foods <br> International Co. <br> Ltd.<br>| 63400 | 327148 |
|  | PHC Holdings Corp. | 85700 | 560191 |
|  | Rion Co. Ltd. | 51800 | 839587 |
|  | Sawai Group Holdings <br> Co. Ltd.<br>| 340900 | 4071116 |
|  | Seed Co. Ltd. | 3400 | 12528 |
|  | Seikagaku Corp. | 67100 | 285855 |
|  | Ship Healthcare <br> Holdings, Inc.<br>| 154700 | 2314224 |
|  | Shofu, Inc. | 68500 | 841400 |
|  | Software Service, Inc. | 18600 | 1653431 |
|  | Solasto Corp. | 66460 | 217170 |
| # | St. Care Holding Corp. | 48800 | 262484 |
| \* | SUNWELS Co. Ltd. | 3900 | 12404 |

---

881

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
|  | Suzuken Co. Ltd. | 240100 | $9118167 |
| # | Takara Bio, Inc. | 168099 | 1005248 |
| # | Tauns Laboratories, <br> Inc.<br>| 42700 | 153661 |
| # | Techno Medica Co. <br> Ltd.<br>| 11300 | 137609 |
| # | Toho Holdings Co. <br> Ltd.<br>| 188100 | 6032153 |
|  | Tokai Corp. | 99600 | 1379769 |
| # | Towa Pharmaceutical <br> Co. Ltd.<br>| 146500 | 2696990 |
|  | Tsumura & Co. | 291240 | 6755772 |
| # | Value HR Co. Ltd. | 89800 | 984473 |
|  | Vital KSK Holdings, <br> Inc.<br>| 192100 | 1547884 |
|  | ZERIA Pharmaceutical <br> Co. Ltd.<br>| 58600 | 760499 |
| TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 111577692 |
| INDUSTRIALS — (30.5%) | INDUSTRIALS — (30.5%) | INDUSTRIALS — (30.5%) | INDUSTRIALS — (30.5%) |
| # | Advan Group Co. Ltd. | 80900 | 452607 |
|  | Aichi Corp. | 192400 | 1607526 |
|  | Aida Engineering Ltd. | 211400 | 1264360 |
|  | Aidma Holdings, Inc. | 4100 | 78590 |
| # | Airman Corp. | 137200 | 1712149 |
| # | AIT Corp. | 42500 | 552239 |
|  | Ajis Co. Ltd. | 14400 | 275591 |
|  | Alconix Corp. | 137700 | 1934734 |
| # | Alinco, Inc. | 40700 | 273037 |
| # | Altech Corp. | 99770 | 1655071 |
|  | Anest Iwata Corp. | 204800 | 2015038 |
| # | Artner Co. Ltd. | 20200 | 258170 |
|  | Asahi Diamond <br> Industrial Co. Ltd.<br>| 142300 | 772223 |
| # | Asahi Kogyosha Co. <br> Ltd.<br>| 75900 | 1545429 |
|  | Asanuma Corp. | 347800 | 1954447 |
| # | ASIRO, Inc. | 6200 | 50418 |
| # | AZ-COM MARUWA <br> Holdings, Inc.<br>| 156199 | 1041567 |
|  | Bando Chemical <br> Industries Ltd.<br>| 191600 | 2404661 |
|  | Bell System24 <br> Holdings, Inc.<br>| 163000 | 1400490 |
| # | Bewith, Inc. | 9900 | 96729 |
|  | Br Holdings Corp. | 48788 | 105679 |
|  | Bunka Shutter Co. <br> Ltd.<br>| 325800 | 4296927 |
|  | Career Design Center <br> Co. Ltd.<br>| 12700 | 180620 |
| # | Careerlink Co. Ltd. | 28200 | 431908 |
|  | Central Glass Co. Ltd. | 112100 | 2338741 |
|  | Central Security <br> Patrols Co. Ltd.<br>| 5501 | 97134 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| \* | Chiyoda Corp. | 289100 | $765135 |
|  | Chiyoda Integre Co. <br> Ltd.<br>| 66200 | 1327422 |
| # | Chori Co. Ltd. | 65300 | 1681942 |
|  | Chudenko Corp. | 169100 | 4614833 |
|  | Chugai Ro Co. Ltd. | 18200 | 550222 |
| # | Chuo Warehouse Co. <br> Ltd.<br>| 21000 | 180148 |
|  | CKD Corp. | 136500 | 2922874 |
| # | CMC Corp. | 26500 | 276052 |
|  | COMSYS Holdings <br> Corp.<br>| 16600 | 418610 |
|  | Copro-Holdings Co. <br> Ltd.<br>| 72200 | 483624 |
| # | Cosel Co. Ltd. | 57900 | 461409 |
|  | Creek & River Co. Ltd. | 37400 | 355489 |
|  | CrowdWorks, Inc. | 30101 | 164055 |
|  | CTI Engineering Co. <br> Ltd.<br>| 132800 | 2442026 |
| # | CTS Co. Ltd. | 124500 | 717009 |
|  | Dai-Dan Co. Ltd. | 102700 | 4550861 |
|  | Daido Kogyo Co. Ltd. | 6700 | 58941 |
| # | Daiei Kankyo Co. Ltd. | 56400 | 1254307 |
|  | Daihatsu Infinearth Mfg <br> Co. Ltd.<br>| 96700 | 1921703 |
|  | Daihen Corp. | 42100 | 2754862 |
|  | Daiho Corp. | 297800 | 1524941 |
|  | Dai-Ichi Cutter Kogyo <br> KK<br>| 19747 | 167198 |
|  | Daiichi Jitsugyo Co. <br> Ltd.<br>| 149400 | 2529930 |
|  | Daiichi Kensetsu <br> Corp.<br>| 36500 | 827841 |
|  | Daiseki Co. Ltd. | 274355 | 5770663 |
|  | Daiseki Eco. Solution <br> Co. Ltd.<br>| 4859 | 58108 |
|  | Daisue Construction <br> Co. Ltd.<br>| 44300 | 977363 |
|  | Daiwa Industries Ltd. | 170300 | 1742657 |
|  | Denyo Co. Ltd. | 93400 | 1738609 |
|  | Dip Corp. | 23049 | 316339 |
| # | DMG Mori Co. Ltd. | 307500 | 4769153 |
|  | DMW Corp. | 4800 | 160831 |
|  | Duskin Co. Ltd. | 176700 | 4260049 |
|  | Ebara Jitsugyo Co. <br> Ltd.<br>| 64800 | 1762620 |
|  | EJ Holdings, Inc. | 42000 | 453559 |
|  | en, Inc. | 98108 | 989614 |
|  | Endo Lighting Corp. | 53100 | 777317 |
|  | ERI Holdings Co. Ltd. | 25100 | 597484 |
|  | EXEO Group, Inc. | 948372 | 13678138 |
|  | F&M Co. Ltd. | 44400 | 765680 |
| \* | FDK Corp. | 1998 | 4760 |
| # | Forum Engineering, <br> Inc.<br>| 106200 | 847206 |

---

882

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Freund Corp. | 27456 | $191565 |
|  | Fudo Tetra Corp. | 71580 | 1133347 |
|  | Fuji Corp. (6134 JP) | 369100 | 7163044 |
|  | Fukuda Corp. | 53200 | 2373896 |
|  | Fukuvi Chemical <br> Industry Co. Ltd.<br>| 10600 | 60477 |
|  | Fukuyama <br> Transporting Co. <br> Ltd.<br>| 53226 | 1322109 |
|  | FULLCAST Holdings <br> Co. Ltd.<br>| 109600 | 1202241 |
|  | Funai Soken Holdings, <br> Inc.<br>| 229570 | 3616559 |
|  | Furukawa Co. Ltd. | 124672 | 2457180 |
|  | Furukawa Electric Co. <br> Ltd.<br>| 16400 | 1160885 |
| # | Futaba Corp. | 103000 | 450216 |
|  | Gakken Holdings Co. <br> Ltd.<br>| 95300 | 634760 |
| # | Gakujo Co. Ltd. | 22800 | 238562 |
|  | Galilei Co. Ltd. | 153200 | 3563466 |
|  | Gecoss Corp. | 95900 | 851663 |
|  | Giken Ltd. | 42498 | 454676 |
|  | Glory Ltd. | 237855 | 5683399 |
|  | grems, Inc. | 34400 | 512979 |
|  | Hamakyorex Co. Ltd. | 396800 | 3936042 |
|  | Hanwa Co. Ltd. | 180100 | 7512065 |
| # | Hashimoto Sogyo <br> Holdings Co. Ltd.<br>| 8140 | 63119 |
|  | Hazama Ando Corp. | 829600 | 9282907 |
|  | Helios Techno Holding <br> Co. Ltd.<br>| 39600 | 222833 |
| # | Hibiya Engineering <br> Ltd.<br>| 107300 | 3155941 |
| #\* | Hino Motors Ltd. | 797300 | 1811213 |
| # | Hirakawa Hewtech <br> Corp.<br>| 61061 | 919562 |
| # | Hirano Tecseed Co. <br> Ltd.<br>| 29700 | 310655 |
|  | Hirata Corp. | 96397 | 1272719 |
|  | Hisaka Works Ltd. | 95000 | 868255 |
| # | Hito Communications <br> Holdings, Inc.<br>| 1500 | 9731 |
|  | Hoden Seimitsu Kako <br> Kenkyusho Co. Ltd.<br>| 7400 | 109883 |
|  | Hokuriku Electrical <br> Construction Co. <br> Ltd.<br>| 89040 | 808544 |
|  | Hosokawa Micron <br> Corp.<br>| 78000 | 2880316 |
| # | Howa Machinery Ltd. | 50600 | 467534 |
|  | Ichiken Co. Ltd. | 17097 | 427767 |
|  | Ichinen Holdings Co. <br> Ltd.<br>| 121200 | 1581481 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | IDEA Consultants, Inc. | 1200 | $27197 |
|  | Idec Corp. | 148500 | 2260574 |
| # | Iino Kaiun Kaisha Ltd. | 461300 | 3762403 |
|  | Inaba Denki Sangyo <br> Co. Ltd.<br>| 309600 | 9116797 |
| # | Inaba Seisakusho Co. <br> Ltd.<br>| 31176 | 320184 |
|  | Inabata & Co. Ltd. | 268300 | 6009022 |
|  | Infomart Corp. | 908400 | 1927608 |
|  | INFRONEER Holdings, <br> Inc.<br>| 824000 | 8827616 |
|  | Insource Co. Ltd. | 242300 | 1369853 |
| \* | Intloop, Inc. | 5800 | 158075 |
| # | Inui Global Logistics <br> Co. Ltd.<br>| 67080 | 682936 |
| # | Iseki & Co. Ltd. | 73849 | 1053335 |
| # | Itoki Corp. | 220200 | 3551980 |
| # | Iwaki Co. Ltd. | 56800 | 938442 |
|  | JAC Recruitment Co. <br> Ltd.<br>| 422600 | 2783256 |
|  | Japan Airport Terminal <br> Co. Ltd.<br>| 154100 | 4788107 |
|  | Japan Elevator Service <br> Holdings Co. Ltd.<br>| 718600 | 8459453 |
|  | Japan Engine Corp. | 12600 | 1045048 |
| # | Japan Foundation <br> Engineering Co. <br> Ltd.<br>| 93200 | 382189 |
|  | Japan Pulp & Paper <br> Co. Ltd.<br>| 567900 | 2664776 |
| # | Japan Transcity Corp. | 228408 | 1699099 |
| # | JDC Corp. | 181600 | 633565 |
|  | JGC Holdings Corp. | 1153600 | 11668062 |
|  | JK Holdings Co. Ltd. | 87140 | 712392 |
| \* | Juki Corp. | 20800 | 59643 |
|  | Kamei Corp. | 148700 | 2812743 |
|  | Kamigumi Co. Ltd. | 143400 | 4304612 |
| # | Kanaden Corp. | 88100 | 1196045 |
|  | Kanadevia Corp. | 862079 | 6387726 |
| # | Kanagawa Chuo Kotsu <br> Co. Ltd.<br>| 24000 | 546180 |
|  | Kaname Kogyo Co. <br> Ltd.<br>| 1300 | 12689 |
| # | Kanamoto Co. Ltd. | 136600 | 3181434 |
|  | Kanematsu Corp. | 470325 | 9522124 |
| # | Katakura Industries <br> Co. Ltd.<br>| 120900 | 2084113 |
|  | Kato Works Co. Ltd. | 16400 | 147378 |
|  | Kawada Technologies, <br> Inc.<br>| 92600 | 2426278 |
|  | Kawata Manufacturing <br> Co. Ltd.<br>| 3100 | 14976 |
|  | Keihan Holdings Co. <br> Ltd.<br>| 344222 | 6973718 |

---

883

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Keihin Co. Ltd. | 4500 | $77768 |
|  | Keikyu Corp. | 720121 | 6718118 |
|  | Keio Corp. | 207396 | 4918932 |
| # | Kimura Chemical <br> Plants Co. Ltd.<br>| 74400 | 516999 |
|  | Kimura Unity Co. Ltd. | 94000 | 512860 |
| # | King Jim Co. Ltd. | 47100 | 256580 |
|  | Kitagawa Corp. | 12500 | 130813 |
|  | Kitano Construction <br> Corp.<br>| 57888 | 494619 |
|  | Kitz Corp. | 373300 | 4184910 |
| # | Kobe Electric Railway <br> Co. Ltd.<br>| 12199 | 184455 |
|  | Koike Sanso Kogyo <br> Co. Ltd.<br>| 39000 | 403820 |
|  | Kokuyo Co. Ltd. | 307600 | 1765132 |
|  | Komatsu Wall Industry <br> Co. Ltd.<br>| 82700 | 1333943 |
|  | Komori Corp. | 216205 | 2030488 |
| # | Kondotec, Inc. | 114200 | 1244090 |
|  | Konoike Transport Co. <br> Ltd.<br>| 166500 | 3443619 |
| # | Kosaido Holdings Co. <br> Ltd.<br>| 451100 | 1239831 |
|  | Kozo Keikaku <br> Engineering <br> Holdings, Inc.<br>| 45000 | 926125 |
|  | KPP Group Holdings <br> Co. Ltd.<br>| 103600 | 511764 |
|  | Kraftia Corp. | 106100 | 5612466 |
| # | KRS Corp. | 72600 | 1370824 |
| # | Kumagai Gumi Co. <br> Ltd.<br>| 793600 | 7205563 |
|  | Kyodo Printing Co. <br> Ltd.<br>| 123600 | 1202016 |
| # | Kyokuto Boeki Kaisha <br> Ltd.<br>| 66000 | 762506 |
|  | Kyokuto Kaihatsu <br> Kogyo Co. Ltd.<br>| 185900 | 3110967 |
| # | LIKE, Inc. | 36200 | 352128 |
| # | Link & Motivation, Inc. | 228400 | 728813 |
| #\* | Luckland Co. Ltd. | 17101 | 129454 |
|  | Mabuchi Motor Co. <br> Ltd.<br>| 441568 | 7800744 |
| # | Maezawa Industries, <br> Inc.<br>| 53100 | 662228 |
|  | Maezawa Kasei <br> Industries Co. Ltd.<br>| 64200 | 867797 |
| # | Maezawa Kyuso <br> Industries Co. Ltd.<br>| 117100 | 1088224 |
|  | Makino Milling Machine <br> Co. Ltd.<br>| 128800 | 9357226 |
| # | Management Solutions <br> Co. Ltd.<br>| 24200 | 210067 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Marufuji Sheet Piling <br> Co. Ltd.<br>| 400 | $9385 |
| # | MARUKA FURUSATO <br> Corp.<br>| 64307 | 941778 |
| # | Marumae Co. Ltd. | 14100 | 197374 |
|  | Maruzen Co. Ltd. | 63300 | 1426818 |
|  | Maruzen Showa Unyu <br> Co. Ltd.<br>| 76100 | 3424388 |
| # | Matching Service <br> Japan Co. Ltd.<br>| 8200 | 53234 |
|  | Matsuda Sangyo Co. <br> Ltd.<br>| 75682 | 2032183 |
| # | Matsui Construction <br> Co. Ltd.<br>| 108300 | 969772 |
|  | Max Co. Ltd. | 122700 | 4447618 |
|  | Meidensha Corp. | 207310 | 8210106 |
|  | Meiho Facility Works <br> Ltd.<br>| 26000 | 186544 |
| # | Meiji Electric Industries <br> Co. Ltd.<br>| 41600 | 626905 |
| # | Meiji Shipping Group <br> Co. Ltd.<br>| 84000 | 381406 |
|  | Meisei Industrial Co. <br> Ltd.<br>| 216000 | 2311348 |
|  | MEITEC Group <br> Holdings, Inc.<br>| 416500 | 8537644 |
|  | Meiwa Corp. | 145600 | 748175 |
|  | METAWATER Co. Ltd. | 128300 | 2753769 |
| #\* | Microwave Chemical <br> Co. Ltd.<br>| 57600 | 275917 |
| # | Midac Holdings Co. <br> Ltd.<br>| 34500 | 414765 |
| # | Mie Kotsu Group <br> Holdings, Inc.<br>| 244258 | 852083 |
| # | Mirai Industry Co. Ltd. | 30300 | 655064 |
|  | Mirait One Corp. | 499935 | 9687397 |
|  | Mitani Corp. | 294600 | 4443353 |
| # | Mitani Sangyo Co. <br> Ltd.<br>| 70700 | 228715 |
| # | Mitsubishi Kakoki <br> Kaisha Ltd.<br>| 117000 | 2493975 |
|  | Mitsubishi Logisnext <br> Co. Ltd.<br>| 185900 | 1851226 |
|  | Mitsubishi Logistics <br> Corp.<br>| 604200 | 4381075 |
| # | Mitsubishi Pencil Co. <br> Ltd.<br>| 136100 | 1805348 |
| # | Mitsuboshi Belting Ltd. | 86300 | 2077977 |
|  | Mitsui E&S Co. Ltd. | 474281 | 19281884 |
| # | Mitsui Matsushima <br> Holdings Co. Ltd.<br>| 315000 | 2645544 |
|  | Mitsui-Soko Holdings <br> Co. Ltd.<br>| 354600 | 9305861 |
|  | Miura Co. Ltd. | 123000 | 2381731 |

---

884

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| # | Miyaji Engineering <br> Group, Inc.<br>| 126068 | $1615540 |
|  | Morita Holdings Corp. | 202300 | 3058422 |
| # | Moriya Transportation <br> Engineering & <br> Manufacturing Co. <br> Ltd.<br>| 1400 | 44629 |
|  | Nabtesco Corp. | 430700 | 10788878 |
| # | NAC Co. Ltd. | 88200 | 299030 |
| # | Nachi-Fujikoshi Corp. | 61600 | 1575751 |
|  | Nagase & Co. Ltd. | 507400 | 11080714 |
|  | Nagoya Railroad Co. <br> Ltd.<br>| 925911 | 10128507 |
| # | Naikai Zosen Corp. | 2100 | 223410 |
|  | Nakabayashi Co. Ltd. | 41800 | 156103 |
| # | Nakakita Seisakusho <br> Co. Ltd.<br>| 7500 | 303538 |
| # | Nakamoto Packs Co. <br> Ltd.<br>| 21100 | 248105 |
|  | Nakanishi <br> Manufacturing Co. <br> Ltd.<br>| 5700 | 88195 |
|  | Nakano Corp. | 14000 | 86656 |
|  | Namura Shipbuilding <br> Co. Ltd.<br>| 231028 | 7835562 |
|  | Nankai Electric <br> Railway Co. Ltd.<br>| 471300 | 8513179 |
|  | Narasaki Sangyo Co. <br> Ltd.<br>| 25400 | 561307 |
| # | Nareru Group, Inc. | 10800 | 158171 |
|  | Nice Corp. | 8418 | 96896 |
|  | Nichias Corp. | 235800 | 8798703 |
| # | Nichiban Co. Ltd. | 46600 | 577576 |
|  | Nichiden Corp. | 63100 | 1015732 |
|  | Nichiha Corp. | 151580 | 2696126 |
|  | Nichireki Group Co. <br> Ltd.<br>| 144700 | 2276080 |
| # | Nihon Dengi Co. Ltd. | 61600 | 2186175 |
|  | Nihon Flush Co. Ltd. | 65045 | 341026 |
|  | Nikkiso Co. Ltd. | 253800 | 2481160 |
| # | Nikko Co. Ltd. | 152044 | 753949 |
|  | Nikkon Holdings Co. <br> Ltd.<br>| 563000 | 12697933 |
|  | Nippi, Inc. | 11900 | 972295 |
| # | Nippon Air <br> Conditioning <br> Services Co. Ltd.<br>| 165600 | 1407991 |
|  | Nippon Aqua Co. Ltd. | 72000 | 436293 |
| # | Nippon Carbon Co. <br> Ltd.<br>| 12900 | 362786 |
|  | Nippon Densetsu <br> Kogyo Co. Ltd.<br>| 214501 | 4001691 |
|  | Nippon Dry-Chemical <br> Co. Ltd.<br>| 14500 | 792246 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Nippon Parking <br> Development Co. <br> Ltd.<br>| 1114400 | $1952779 |
| # | Nippon Rietec Co. Ltd. | 29900 | 398991 |
|  | Nippon Seisen Co. <br> Ltd.<br>| 63200 | 453467 |
|  | Nippon Sharyo Ltd. | 11725 | 253986 |
| \* | Nippon Sheet Glass <br> Co. Ltd.<br>| 279200 | 1044590 |
|  | Nippon Thompson Co. <br> Ltd.<br>| 136937 | 592960 |
|  | Nishimatsu <br> Construction Co. <br> Ltd.<br>| 149100 | 5121561 |
|  | Nishi-Nippon Railroad <br> Co. Ltd.<br>| 187600 | 2725234 |
|  | Nishio Holdings Co. <br> Ltd.<br>| 92700 | 2637193 |
|  | Nissei ASB Machine <br> Co. Ltd.<br>| 49200 | 2179245 |
| # | Nissei Plastic Industrial <br> Co. Ltd.<br>| 105100 | 579181 |
|  | Nisshinbo Holdings, <br> Inc.<br>| 722280 | 5708028 |
| # | Nisso Holdings Co. <br> Ltd.<br>| 44600 | 186071 |
|  | Nitta Corp. | 105700 | 2770664 |
|  | Nitto Boseki Co. Ltd. | 49400 | 2788362 |
| # | Nitto Kogyo Corp. | 146700 | 3513076 |
| # | Nitto Kohki Co. Ltd. | 43700 | 485278 |
| # | Nitto Seiko Co. Ltd. | 88373 | 394613 |
|  | Nittoc Construction Co. <br> Ltd.<br>| 117600 | 933984 |
| # | Nittoku Co. Ltd. | 50398 | 796314 |
|  | No.1 Co. Ltd. | 6700 | 94069 |
|  | Noda Corp. | 112400 | 512534 |
|  | Nomura Co. Ltd. | 74800 | 497577 |
|  | Nomura Micro Science <br> Co. Ltd.<br>| 56700 | 1444469 |
|  | Noritake Co. Ltd. | 109400 | 3426770 |
| # | NS Tool Co. Ltd. | 23600 | 117171 |
|  | NS United Kaiun <br> Kaisha Ltd.<br>| 53400 | 1909115 |
|  | NSK Ltd. | 1569840 | 7910435 |
|  | NTN Corp. | 1976200 | 4411972 |
| # | Obara Group, Inc. | 55100 | 1498019 |
|  | Ochi Holdings Co. Ltd. | 8600 | 77363 |
|  | Odawara Engineering <br> Co. Ltd.<br>| 1200 | 20090 |
| # | Ohba Co. Ltd. | 76500 | 551379 |
|  | Ohmoto Gumi Co. Ltd. | 24600 | 230072 |
|  | Oiles Corp. | 115870 | 1697276 |
|  | Okabe Co. Ltd. | 181801 | 1081752 |
| # | Okada Aiyon Corp. | 33400 | 442758 |

---

885

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Okamoto Machine Tool <br> Works Ltd.<br>| 18500 | $575334 |
|  | Okamura Corp. | 339300 | 4963625 |
|  | OKUMA Corp. | 250400 | 5574594 |
|  | Okumura Corp. | 180480 | 5721272 |
|  | Onamba Co. Ltd. | 1400 | 12155 |
|  | One Career, Inc. | 17100 | 281930 |
| # | Onoken Co. Ltd. | 64500 | 575841 |
|  | Open Up Group, Inc. | 216200 | 2411790 |
|  | Organo Corp. | 110627 | 9493917 |
|  | Oriental Consultants <br> Holdings Co. Ltd.<br>| 12200 | 240821 |
|  | Oriental Shiraishi <br> Corp.<br>| 703200 | 1936644 |
| # | OSG Corp. | 320500 | 4646702 |
|  | Oyo Corp. | 125800 | 2347580 |
|  | Paraca, Inc. | 16300 | 209203 |
| # | Park24 Co. Ltd. | 649572 | 7591347 |
|  | Parker Corp. | 38500 | 279566 |
|  | Pasona Group, Inc. | 136600 | 1689139 |
|  | Pegasus Co. Ltd. | 62919 | 336167 |
|  | Penta-Ocean <br> Construction Co. <br> Ltd.<br>| 1531052 | 14016771 |
| # | People Dreams & <br> Technologies Group <br> Co. Ltd.<br>| 8000 | 83220 |
|  | Pilot Corp. | 99799 | 3013536 |
|  | Prestige International, <br> Inc.<br>| 569600 | 2446137 |
| # | Pronexus, Inc. | 78200 | 554362 |
|  | PS Construction Co. <br> Ltd.<br>| 69860 | 819335 |
|  | Quick Co. Ltd. | 77000 | 1174131 |
|  | Raito Kogyo Co. Ltd. | 258700 | 5414034 |
|  | Raiznext Corp. | 250000 | 3106138 |
|  | Raksul, Inc. | 220700 | 1515251 |
| # | Rasa Corp. | 61100 | 654284 |
|  | Rheon Automatic <br> Machinery Co. Ltd.<br>| 78601 | 737197 |
|  | Rise Consulting Group, <br> Inc.<br>| 40300 | 231046 |
| # | Rix Corp. | 19600 | 473440 |
|  | Ryobi Ltd. | 107840 | 1925154 |
|  | Sakai Heavy Industries <br> Ltd.<br>| 27600 | 367463 |
|  | Sakai Moving Service <br> Co. Ltd.<br>| 125000 | 2285339 |
|  | Sanki Engineering Co. <br> Ltd.<br>| 235700 | 8100069 |
|  | Sanko Gosei Ltd. | 107300 | 585716 |
|  | Sanko Metal Industrial <br> Co. Ltd.<br>| 70500 | 620720 |
| # | Sankyo Tateyama, Inc. | 89205 | 348019 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Sankyu, Inc. | 237900 | $12147201 |
|  | Sansei Technologies, <br> Inc.<br>| 54578 | 801701 |
|  | Sansha Electric <br> Manufacturing Co. <br> Ltd.<br>| 7400 | 43369 |
|  | Sanyo Denki Co. Ltd. | 146700 | 3751264 |
| # | Sanyo Electric Railway <br> Co. Ltd.<br>| 35598 | 462630 |
| # | Sanyo Engineering & <br> Construction, Inc.<br>| 48000 | 433298 |
|  | Sanyo Industries Ltd. | 5800 | 172279 |
|  | Sanyo Trading Co. <br> Ltd.<br>| 112439 | 1157380 |
| # | Sata Construction Co. <br> Ltd.<br>| 86199 | 604619 |
|  | Sato Corp. | 35700 | 506710 |
| # | Sato Shoji Corp. | 83100 | 1159531 |
|  | SBI Leasing Services <br> Co. Ltd.<br>| 6800 | 220706 |
| # | SBS Holdings, Inc. | 106000 | 2331126 |
| # | SEC Carbon Ltd. | 35700 | 494222 |
|  | Seibu Electric & <br> Machinery Co. Ltd.<br>| 10300 | 140258 |
|  | Seika Corp. | 123600 | 1842799 |
| # | Seikitokyu Kogyo Co. <br> Ltd.<br>| 93030 | 895024 |
|  | Seiko Electric Co. Ltd. | 25000 | 357791 |
|  | Seino Holdings Co. <br> Ltd.<br>| 336000 | 4748338 |
|  | Sekisui Jushi Corp. | 176701 | 2362719 |
|  | Senko Group Holdings <br> Co. Ltd.<br>| 660000 | 8614428 |
| # | Senshu Electric Co. <br> Ltd.<br>| 69900 | 2047466 |
|  | Shibaura Machine Co. <br> Ltd.<br>| 108300 | 3007389 |
|  | Shibusawa Logistics <br> Corp.<br>| 214800 | 1541994 |
| # | Shibuya Corp. | 67700 | 1501941 |
| # | Shima Seiki <br> Manufacturing Ltd.<br>| 50610 | 325511 |
| # | Shimojima Co. Ltd. | 32300 | 270326 |
|  | Shin Maint Holdings <br> Co. Ltd.<br>| 29200 | 214788 |
|  | Shin Nippon Air <br> Technologies Co. <br> Ltd.<br>| 149060 | 2976687 |
| # | Shinki Bus Co. Ltd. | 3800 | 46564 |
|  | Shinmaywa Industries <br> Ltd.<br>| 339100 | 4409987 |
|  | Shinnihon Corp. | 164700 | 1892935 |
|  | Shinsho Corp. | 86100 | 1297304 |

---

886

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| # | Shinwa Co. Ltd. (3447 <br> JP)<br>| 48700 | $262369 |
|  | Shinwa Co. Ltd. (7607 <br> JP)<br>| 57400 | 1143898 |
|  | SHO-BOND Holdings <br> Co. Ltd.<br>| 151000 | 4791459 |
|  | SIGMAXYZ Holdings, <br> Inc.<br>| 388800 | 2204826 |
|  | Sinfonia Technology <br> Co. Ltd.<br>| 125900 | 8665324 |
|  | Sinko Industries Ltd. | 340800 | 2847292 |
|  | Sintokogio Ltd. | 154200 | 1032656 |
|  | Skymark Airlines, Inc. | 51700 | 150464 |
|  | SMS Co. Ltd. | 218200 | 1880683 |
| # | Soda Nikka Co. Ltd. | 105700 | 684490 |
| # | Sodick Co. Ltd. | 129800 | 820715 |
|  | Sotetsu Holdings, Inc. | 422300 | 7079122 |
| # | Space Co. Ltd. | 74362 | 659111 |
| # | S-Pool, Inc. | 158800 | 291419 |
|  | Star Micronics Co. <br> Ltd.<br>| 158100 | 1703857 |
| # | Studio Alice Co. Ltd. | 36200 | 476945 |
|  | Subaru Enterprise Co. <br> Ltd.<br>| 32700 | 696639 |
| # | Sugimoto & Co. Ltd. | 109700 | 1284722 |
| # | Sumiseki Holdings, <br> Inc.<br>| 70600 | 255516 |
|  | Sumitomo Densetsu <br> Co. Ltd.<br>| 79700 | 5015462 |
| # | Sumitomo Heavy <br> Industries Ltd.<br>| 373151 | 9976773 |
|  | Sumitomo Warehouse <br> Co. Ltd.<br>| 316700 | 6679788 |
| # | Suzumo Machinery Co. <br> Ltd.<br>| 4400 | 41089 |
|  | SWCC Corp. | 164700 | 8002082 |
|  | Tacmina Corp. | 700 | 7199 |
|  | Tadano Ltd. | 223000 | 1548787 |
|  | Taihei Dengyo Kaisha <br> Ltd.<br>| 249300 | 3495579 |
|  | Taiheiyo Kouhatsu, <br> Inc.<br>| 4000 | 19971 |
|  | Taikisha Ltd. | 283800 | 5618636 |
|  | Taisei Oncho Co. Ltd. | 13600 | 368709 |
|  | Takamatsu <br> Construction Group <br> Co. Ltd.<br>| 82400 | 1808476 |
| # | Takamiya Co. Ltd. | 74522 | 200816 |
|  | Takaoka Toko Co. Ltd. | 50180 | 1117532 |
| # | Takara & Co. Ltd. | 56755 | 1497278 |
|  | Takara Standard Co. <br> Ltd.<br>| 206400 | 3333645 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Takasago Thermal <br> Engineering Co. <br> Ltd.<br>| 210800 | $6255313 |
| # | Takashima & Co. Ltd. | 145198 | 771561 |
|  | Takeuchi <br> Manufacturing Co. <br> Ltd.<br>| 199600 | 8229028 |
|  | Takigami Steel <br> Construction Co. <br> Ltd.<br>| 3700 | 173811 |
|  | Tanabe Engineering <br> Corp.<br>| 39500 | 605494 |
|  | Tanseisha Co. Ltd. | 197649 | 1705164 |
|  | Techno Ryowa Ltd. | 66390 | 2436951 |
|  | Techno Smart Corp. | 28200 | 380532 |
|  | Teikoku Electric <br> Manufacturing Co. <br> Ltd.<br>| 103400 | 2070478 |
| # | Teikoku Sen-I Co. Ltd. | 110000 | 2447988 |
|  | Tekken Corp. | 28700 | 685549 |
| # | Tenpos Holdings Co. <br> Ltd.<br>| 4400 | 98822 |
|  | Terasaki Electric Co. <br> Ltd.<br>| 24300 | 760153 |
| # | Tess Holdings Co. Ltd. | 113998 | 257347 |
|  | TKC Corp. | 178701 | 4675600 |
|  | Toa Corp. (1885 JP) | 311500 | 4771262 |
|  | TOA ROAD Corp. | 178900 | 1801655 |
|  | Toba, Inc. | 7900 | 199784 |
|  | TOBISHIMA <br> HOLDINGS, Inc.<br>| 83191 | 1136179 |
|  | Tocalo Co. Ltd. | 364000 | 5334734 |
|  | Toda Corp. | 1059300 | 7136247 |
|  | Toenec Corp. | 244500 | 2653519 |
|  | Togami Electric <br> Manufacturing Co. <br> Ltd.<br>| 14700 | 402752 |
|  | TOKAI Holdings Corp. | 528400 | 3498234 |
| # | Tokyo Energy & <br> Systems, Inc.<br>| 96800 | 1115847 |
| # | Tokyo Sangyo Co. Ltd. | 113600 | 687290 |
|  | Tokyu Construction Co. <br> Ltd.<br>| 241100 | 1639790 |
|  | Toli Corp. | 215200 | 870599 |
| # | Tomoe Corp. | 141800 | 1665399 |
| # | Tomoe Engineering <br> Co. Ltd.<br>| 130200 | 1338670 |
|  | Torishima Pump <br> Manufacturing Co. <br> Ltd.<br>| 108100 | 1465724 |
|  | Totech Corp. | 143200 | 2956971 |
|  | Totetsu Kogyo Co. <br> Ltd.<br>| 134900 | 3702490 |

---

887

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
| # | Toukei Computer Co. <br> Ltd.<br>| 13620 | $338571 |
|  | Toyo Denki Seizo KK | 19300 | 258283 |
|  | Toyo Engineering <br> Corp.<br>| 56080 | 941413 |
| # | Toyo Innovex Co. Ltd. | 48500 | 208461 |
| # | Toyo Tanso Co. Ltd. | 40100 | 1199692 |
|  | Transcosmos, Inc. | 76800 | 1819974 |
|  | TRE Holdings Corp. | 162300 | 1626318 |
|  | Trinity Industrial Corp. | 25700 | 196015 |
|  | Trusco Nakayama <br> Corp.<br>| 165300 | 2606223 |
| # | Tsubaki Nakashima <br> Co. Ltd.<br>| 143800 | 363029 |
|  | Tsubakimoto Chain <br> Co.<br>| 451520 | 6319537 |
|  | Tsubakimoto Kogyo <br> Co. Ltd.<br>| 82700 | 1462541 |
|  | Tsugami Corp. | 236600 | 4193540 |
|  | Tsukishima Holdings <br> Co. Ltd.<br>| 100600 | 1664207 |
|  | Tsurumi Manufacturing <br> Co. Ltd.<br>| 199800 | 2517865 |
| # | TWOSTONE&Sons | 11300 | 53769 |
|  | Ueki Corp. | 60800 | 983582 |
|  | Ushio, Inc. | 493600 | 8183747 |
|  | UT Group Co. Ltd. | 156800 | 2792179 |
| \* | Visional, Inc. | 121100 | 8408301 |
|  | Wakachiku <br> Construction Co. <br> Ltd.<br>| 72400 | 2252023 |
|  | Wakita & Co. Ltd. | 193700 | 2229000 |
| # | WDB Holdings Co. <br> Ltd.<br>| 32800 | 343430 |
|  | Weathernews, Inc. | 66500 | 1733400 |
| # | West Holdings Corp. | 126603 | 1210909 |
| # | Will Group, Inc. | 37907 | 250504 |
|  | World Holdings Co. <br> Ltd.<br>| 38600 | 627428 |
| \* | W-Scope Corp. | 50100 | 81971 |
|  | Yahagi Construction <br> Co. Ltd.<br>| 156900 | 2219692 |
|  | YAMABIKO Corp. | 212228 | 3545715 |
|  | YAMADA Consulting <br> Group Co. Ltd.<br>| 24838 | 283231 |
| # | Yamato Corp. | 99500 | 1397986 |
| # | Yamaura Corp. | 14400 | 133426 |
| # | Yamazen Corp. | 330500 | 3062369 |
|  | Yasuda Logistics <br> Corp.<br>| 99100 | 1392263 |
|  | Yokogawa Bridge <br> Holdings Corp.<br>| 187100 | 3339795 |
|  | Yondenko Corp. | 162360 | 1479861 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Yuasa Trading Co. <br> Ltd.<br>| 96800 | $3147236 |
|  | Yuken Kogyo Co. Ltd. | 1400 | 26627 |
|  | Yurtec Corp. | 257400 | 4149575 |
|  | Yushin Co. | 14600 | 61039 |
|  | Zaoh Co. Ltd. | 14000 | 222421 |
| # | Zenitaka Corp. | 10900 | 559613 |
|  | Zero Co. Ltd. | 6500 | 132623 |
| # | Zuiko Corp. | 44965 | 279786 |
| TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 1016168602 |
| INFORMATION TECHNOLOGY — (13.8%) | INFORMATION TECHNOLOGY — (13.8%) | INFORMATION TECHNOLOGY — (13.8%) | INFORMATION TECHNOLOGY — (13.8%) |
|  | A&D HOLON Holdings <br> Co. Ltd.<br>| 140200 | 1837627 |
| # | Abalance Corp. | 7900 | 47110 |
| # | Ad-sol Nissin Corp. | 86816 | 826697 |
|  | Adtec Plasma <br> Technology Co. Ltd.<br>| 19200 | 150422 |
|  | Advanced Media, Inc. | 19200 | 134059 |
| # | Ai Holdings Corp. | 193700 | 3364688 |
|  | Aichi Tokei Denki Co. <br> Ltd.<br>| 44837 | 811848 |
|  | Aiphone Co. Ltd. | 66100 | 1208067 |
| # | Allied Telesis Holdings <br> KK<br>| 117000 | 164909 |
| # | Alpha Systems, Inc. | 28720 | 673175 |
|  | Alps Alpine Co. Ltd. | 989842 | 12467953 |
|  | Amano Corp. | 292700 | 7765837 |
| #\* | Amiya Corp. | 11800 | 283455 |
| #\* | AnyMind Group, Inc. | 14800 | 66386 |
|  | AOI Electronics Co. <br> Ltd.<br>| 13800 | 206782 |
| # | Appier Group, Inc. | 202900 | 1703160 |
| #\* | Arent, Inc. | 2000 | 53878 |
|  | Argo Graphics, Inc. | 410400 | 3640599 |
|  | Arisawa Manufacturing <br> Co. Ltd.<br>| 198200 | 2090487 |
| # | Asteria Corp. | 16000 | 152746 |
|  | Avant Group Corp. | 106600 | 1095123 |
|  | Axell Corp. | 10500 | 94017 |
|  | Base Co. Ltd. | 33300 | 755514 |
| #\* | baudroie, Inc. | 33700 | 632280 |
| # | BrainPad, Inc. | 77900 | 844962 |
| # | Broadband Tower, Inc. | 75700 | 82482 |
|  | Broadleaf Co. Ltd. | 111300 | 534640 |
| # | Buffalo, Inc. | 25500 | 572979 |
| # | Business Brain <br> Showa-Ota, Inc.<br>| 40800 | 814341 |
| # | Business Engineering <br> Corp.<br>| 15600 | 638979 |
|  | CAC Holdings Corp. | 74200 | 1027724 |
|  | Canon Electronics, <br> Inc.<br>| 76000 | 1329501 |
| # | CDS Co. Ltd. | 11600 | 135752 |

---

888

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| # | Celsys, Inc. | 164100 | $1745304 |
| # | Change Holdings, Inc. | 71200 | 521869 |
| # | Chino Corp. | 66600 | 596974 |
|  | Citizen Watch Co. Ltd. | 1235200 | 8571886 |
|  | CMK Corp. | 140100 | 364211 |
|  | Computer Engineering <br> & Consulting Ltd.<br>| 159900 | 2240807 |
| # | Computer Institute of <br> Japan Ltd.<br>| 340917 | 1057498 |
|  | Comture Corp. | 125900 | 1294062 |
| # | Core Corp. | 39200 | 523665 |
|  | Cresco Ltd. | 165100 | 1737633 |
| # | Cross Cat Co. Ltd. | 8200 | 57394 |
|  | Cyberlinks Co. Ltd. | 2200 | 20769 |
|  | Cybozu, Inc. | 123700 | 2461460 |
|  | Daishinku Corp. | 132396 | 498127 |
|  | Daitron Co. Ltd. | 55600 | 1669621 |
|  | Daiwabo Holdings Co. <br> Ltd.<br>| 540900 | 10104020 |
|  | Dentsu Soken, Inc. | 54200 | 2684108 |
|  | Dexerials Corp. | 438800 | 7077803 |
| # | Digital Arts, Inc. | 63500 | 3106606 |
| # | Digital Hearts Holdings <br> Co. Ltd.<br>| 21800 | 135528 |
|  | Digital Information <br> Technologies Corp.<br>| 49300 | 791946 |
|  | DKK Co. Ltd. | 11900 | 148452 |
|  | DKK-Toa Corp. | 3400 | 18472 |
| # | Double Standard, Inc. | 18400 | 201226 |
|  | DTS Corp. | 972800 | 8104189 |
|  | Ebase Co. Ltd. | 64938 | 190388 |
| # | E-Guardian, Inc. | 10808 | 124288 |
|  | Eizo Corp. | 172900 | 2454327 |
|  | Elecom Co. Ltd. | 180976 | 2116326 |
|  | Enomoto Co. Ltd. | 4783 | 59903 |
| # | Enplas Corp. | 37900 | 1992125 |
|  | ESPEC Corp. | 105700 | 2405267 |
| #\* | ExaWizards, Inc. | 138400 | 600394 |
| \* | f-code, Inc. | 19200 | 250702 |
|  | Ferrotec Corp. | 236900 | 7765764 |
| # | FFRI Security, Inc. | 7100 | 498351 |
| # | Fixstars Corp. | 123600 | 1610422 |
| # | Focus Systems Corp. | 50500 | 529480 |
| # | Forval Corp. | 51100 | 403990 |
| #\* | Fronteo, Inc. | 47800 | 287444 |
|  | FTGroup Co. Ltd. | 51000 | 423077 |
|  | Fukui Computer <br> Holdings, Inc.<br>| 43400 | 867718 |
|  | Furuno Electric Co. <br> Ltd.<br>| 128000 | 7425990 |
| # | Furuya Metal Co. Ltd. | 47601 | 877872 |
|  | Future Corp. | 270200 | 3809756 |
| # | Global Security <br> Experts, Inc.<br>| 10800 | 258651 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
|  | GLtechno Holdings, <br> Inc.<br>| 45500 | $888888 |
|  | GMO GlobalSign <br> Holdings KK<br>| 13800 | 185597 |
|  | GMO internet group, <br> Inc.<br>| 331520 | 7425133 |
| # | Hagiwara Electric <br> Holdings Co. Ltd.<br>| 33300 | 764555 |
| # | Hakuto Co. Ltd. | 35000 | 875314 |
| # | Hennge KK | 51100 | 485487 |
|  | Hibino Corp. | 5500 | 92729 |
|  | Himacs Ltd. | 960 | 7694 |
|  | Hioki EE Corp. | 57600 | 2212530 |
| # | Hochiki Corp. | 86600 | 2164612 |
|  | Hokuriku Electric <br> Industry Co. Ltd.<br>| 16639 | 245721 |
|  | Horiba Ltd. | 20100 | 1867453 |
|  | Hosiden Corp. | 282100 | 4496981 |
|  | Icom, Inc. | 31000 | 630643 |
| # | ID Holdings Corp. | 45250 | 593271 |
|  | I'll, Inc. | 42690 | 674805 |
| # | IMV Corp. | 14900 | 193416 |
|  | Ines Corp. | 106400 | 1175419 |
| # | I-Net Corp. | 65491 | 1071920 |
|  | Innotech Corp. | 85700 | 1014731 |
| # | Intelligent Wave, Inc. | 48300 | 324119 |
| # | Inter Action Corp. | 17100 | 157354 |
|  | Iriso Electronics Co. <br> Ltd.<br>| 100200 | 2011439 |
|  | ISB Corp. | 42600 | 495942 |
|  | Itfor, Inc. | 159600 | 1578125 |
|  | Japan Aviation <br> Electronics Industry <br> Ltd.<br>| 262000 | 3912929 |
|  | Japan Business <br> Systems, Inc.<br>| 14200 | 136263 |
| # | Japan Cash Machine <br> Co. Ltd.<br>| 9900 | 64053 |
|  | Japan Electronic <br> Materials Corp.<br>| 49100 | 1389286 |
|  | Japan Material Co. <br> Ltd.<br>| 392800 | 4907642 |
| # | Japan System <br> Techniques Co. Ltd.<br>| 74300 | 1029463 |
|  | JBCC Holdings, Inc. | 349200 | 2928534 |
|  | Jeol Ltd. | 171300 | 5756907 |
|  | JFE Systems, Inc. | 24800 | 301727 |
| \* | JIG-SAW, Inc. | 3100 | 81552 |
|  | Justsystems Corp. | 147500 | 4763915 |
|  | Kaga Electronics Co. <br> Ltd.<br>| 194800 | 4510849 |
|  | KEL Corp. | 1600 | 14241 |
|  | Koa Corp. | 110100 | 978334 |

---

889

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| # | Kohoku Kogyo Co. <br> Ltd.<br>| 21000 | $472511 |
|  | Konica Minolta, Inc. | 1526800 | 5242945 |
|  | KSK Co. Ltd. | 3000 | 102752 |
| \* | kubell Co. Ltd. | 10600 | 26834 |
| # | Kyosan Electric <br> Manufacturing Co. <br> Ltd.<br>| 122600 | 419915 |
|  | Kyowa Electronic <br> Instruments Co. Ltd.<br>| 50400 | 226757 |
|  | Macnica Holdings, Inc. | 542382 | 7721750 |
|  | Marubun Corp. | 78400 | 603111 |
|  | Maruwa Co. Ltd. | 3500 | 989580 |
|  | Maxell Ltd. | 204011 | 2957322 |
|  | MCJ Co. Ltd. | 423600 | 3995828 |
| # | Megachips Corp. | 20200 | 1058748 |
|  | Meiko Electronics Co. <br> Ltd.<br>| 122000 | 8023746 |
|  | Micronics Japan Co. <br> Ltd.<br>| 164100 | 9678945 |
| # | MIMAKI <br> ENGINEERING Co. <br> Ltd.<br>| 101100 | 1114304 |
|  | Miroku Jyoho Service <br> Co. Ltd.<br>| 97600 | 1115649 |
|  | Mitsubishi Research <br> Institute, Inc.<br>| 44800 | 1416407 |
|  | Mitsui High-Tec, Inc. | 211100 | 1052869 |
|  | m-up Holdings, Inc. | 161300 | 2015115 |
| # | Nagano Keiki Co. Ltd. | 74900 | 1139355 |
|  | NCD Co. <br> Ltd./Shinagawa<br>| 31500 | 546356 |
| # | Needs Well, Inc. | 45500 | 154314 |
|  | NEOJAPAN, Inc. | 6300 | 74461 |
| # | NF Holdings Corp. | 2700 | 21791 |
|  | Nichicon Corp. | 110400 | 1107685 |
|  | Nihon Dempa Kogyo <br> Co. Ltd.<br>| 68700 | 501766 |
|  | Nihon Denkei Co. Ltd. | 35400 | 467685 |
| # | Nippon Avionics Co. <br> Ltd.<br>| 23500 | 828182 |
| #\* | Nippon Chemi-Con <br> Corp.<br>| 63291 | 638693 |
|  | Nippon Electric Glass <br> Co. Ltd.<br>| 385736 | 12986504 |
|  | Nippon Information <br> Development Co. <br> Ltd.<br>| 12600 | 186267 |
|  | Nippon Kodoshi Corp. | 41900 | 739447 |
|  | Nippon Signal Co. Ltd. | 210565 | 1721733 |
|  | Nissha Co. Ltd. | 155100 | 1347524 |
| # | NPC, Inc. | 51900 | 241298 |
|  | NSD Co. Ltd. | 464660 | 9927746 |
|  | NSW, Inc. | 41700 | 671777 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| # | Ohara, Inc. | 27400 | $202141 |
|  | Oki Electric Industry <br> Co. Ltd.<br>| 198164 | 2367535 |
|  | Optex Group Co. Ltd. | 156300 | 2359514 |
| \* | Optim Corp. | 12500 | 45303 |
|  | Optorun Co. Ltd. | 109999 | 1211139 |
| # | Oro Co. Ltd. | 30400 | 463847 |
| # | Osaki Electric Co. Ltd. | 143540 | 1163291 |
|  | Oval Corp. | 30100 | 128270 |
| \* | Oxide Corp. | 3300 | 36649 |
| #\* | PKSHA Technology, <br> Inc.<br>| 54800 | 1586069 |
| #\* | Plaid, Inc. | 47100 | 300301 |
| # | Plus Alpha Consulting <br> Co. Ltd.<br>| 94800 | 1453296 |
| #\* | Pluszero, Inc. | 8300 | 195988 |
|  | Pole To Win Holdings, <br> Inc.<br>| 3497 | 7494 |
| # | Pro-Ship, Inc. | 89800 | 869013 |
|  | Rakus Co. Ltd. | 720000 | 5812417 |
|  | Restar Corp. | 92100 | 1540810 |
|  | Riken Keiki Co. Ltd. | 158800 | 3616826 |
|  | Riso Kagaku Corp. | 29200 | 221342 |
|  | Rorze Corp. | 335603 | 4673403 |
|  | RS Technologies Co. <br> Ltd.<br>| 10300 | 256774 |
|  | RYODEN Corp. | 89200 | 1848024 |
|  | Ryoyo Ryosan <br> Holdings, Inc.<br>| 92103 | 1774745 |
|  | Ryoyu Systems Co. <br> Ltd.<br>| 10400 | 276530 |
| # | Sakura Internet, Inc. | 14900 | 332456 |
| # | Samco, Inc. | 14300 | 383697 |
| \* | Sanken Electric Co. <br> Ltd.<br>| 100899 | 4849583 |
| \* | Sansan, Inc. | 208200 | 2455951 |
|  | Sanshin Electronics <br> Co. Ltd.<br>| 66400 | 1258874 |
| # | Santec Holdings Corp. | 20400 | 1204360 |
| # | Satori Electric Co. Ltd. | 67380 | 838386 |
|  | SAXA, Inc. | 23800 | 830641 |
|  | Segue Group Co. Ltd. | 45500 | 189552 |
|  | SEMITEC Corp. | 31000 | 476223 |
| # | SERAKU Co. Ltd. | 2500 | 24080 |
|  | Shibaura Mechatronics <br> Corp.<br>| 63900 | 7526705 |
| #\* | SHIFT, Inc. | 856700 | 5905301 |
|  | Shindengen Electric <br> Manufacturing Co. <br> Ltd.<br>| 14600 | 331562 |
| # | Shinko Shoji Co. Ltd. | 171700 | 1133856 |
|  | Siix Corp. | 174400 | 1564133 |
| \* | Simplex Holdings, Inc. | 147600 | 4115631 |
| # | SK-Electronics Co. <br> Ltd.<br>| 40400 | 779667 |

---

890

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| # | Smaregi, Inc. | 19500 | $359582 |
| # | SMK Corp. | 9549 | 140325 |
| # | Socionext, Inc. | 538600 | 12120949 |
|  | Softcreate Holdings <br> Corp.<br>| 95000 | 1314205 |
| # | Soliton Systems KK | 42100 | 468075 |
|  | SRA Holdings | 69900 | 2264781 |
|  | Startia Holdings, Inc. | 26700 | 477844 |
|  | Sukegawa Electric Co. <br> Ltd.<br>| 5900 | 288839 |
|  | SUMCO Corp. | 1460730 | 14886033 |
|  | Sumida Corp. | 136101 | 988921 |
| # | Sun-Wa Technos <br> Corp.<br>| 50200 | 871870 |
| # | Suzuden Corp. | 11500 | 124931 |
|  | Suzuki Co. Ltd. | 58777 | 821400 |
|  | System D, Inc. | 1100 | 13901 |
|  | System Research Co. <br> Ltd.<br>| 61300 | 807894 |
|  | System Support <br> Holdings, Inc.<br>| 34000 | 670571 |
| # | Systems Engineering <br> Consultants Co. Ltd.<br>| 27200 | 455545 |
|  | Systena Corp. | 1354500 | 4661331 |
| # | Tachibana Eletech Co. <br> Ltd.<br>| 99760 | 1832591 |
|  | Taiyo Yuden Co. Ltd. | 542801 | 15416525 |
| # | TAKEBISHI Corp. | 31200 | 413653 |
|  | Tamura Corp. | 227401 | 779359 |
| # | Tazmo Co. Ltd. | 21600 | 332688 |
|  | TDC Soft, Inc. | 186800 | 1633001 |
|  | TechMatrix Corp. | 233900 | 3308007 |
| # | Teikoku Tsushin Kogyo <br> Co. Ltd.<br>| 25800 | 413449 |
| # | Tera Probe, Inc. | 16003 | 607091 |
| # | Toho System Science <br> Co. Ltd.<br>| 4050 | 29571 |
|  | Tokyo Electron Device <br> Ltd.<br>| 103700 | 2026094 |
|  | Tokyo Seimitsu Co. <br> Ltd.<br>| 190216 | 13085622 |
|  | Tomen Devices Corp. | 15400 | 940940 |
| # | Torex Semiconductor <br> Ltd.<br>| 33700 | 347314 |
|  | Toshiba TEC Corp. | 117509 | 2371844 |
| # | Toyo Corp. | 96700 | 1043588 |
|  | Toyokumo, Inc. | 7100 | 134519 |
| # | Tri Chemical <br> Laboratories, Inc.<br>| 91700 | 1770015 |
|  | Tsuzuki Denki Co. Ltd. | 47900 | 981052 |
| # | Ubicom Holdings, Inc. | 13100 | 97383 |
|  | Uchida Yoko Co. Ltd. | 46400 | 3128228 |
| # | ULS Group, Inc. | 122000 | 586389 |
|  | Ulvac, Inc. | 188899 | 8568333 |
|  | User Local, Inc. | 24700 | 313894 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
|  | V Technology Co. Ltd. | 42500 | $954813 |
| \* | VRAIN Solution, Inc. | 9500 | 178482 |
|  | Wacom Co. Ltd. | 325900 | 1768923 |
| \* | WingArc1st, Inc. | 73200 | 1594519 |
| # | YAC Holdings Co. Ltd. | 35376 | 206022 |
| # | Yamaichi Electronics <br> Co. Ltd.<br>| 128800 | 3815811 |
| # | Yappli, Inc. | 19900 | 125583 |
| # | Yashima Denki Co. <br> Ltd.<br>| 119500 | 2012738 |
|  | Yokowo Co. Ltd. | 72300 | 925983 |
| TOTAL INFORMATION <br> TECHNOLOGY | TOTAL INFORMATION <br> TECHNOLOGY |  | 460933689 |
| MATERIALS — (12.2%) | MATERIALS — (12.2%) | MATERIALS — (12.2%) | MATERIALS — (12.2%) |
|  | Achilles Corp. | 33900 | 275842 |
|  | ADEKA Corp. | 480800 | 10893862 |
|  | Aica Kogyo Co. Ltd. | 164400 | 3871490 |
| # | Aichi Steel Corp. | 184660 | 3179259 |
| # | Arakawa Chemical <br> Industries Ltd.<br>| 46800 | 337716 |
| # | Araya Industrial Co. <br> Ltd.<br>| 15800 | 504959 |
|  | ARE Holdings, Inc. | 436500 | 6931060 |
|  | Artience Co. Ltd. | 181100 | 3691012 |
|  | Asahi Printing Co. Ltd. | 12100 | 68530 |
| # | Asahi Yukizai Corp. | 84300 | 2627188 |
|  | Asia Pile Holdings <br> Corp.<br>| 166430 | 1310859 |
|  | C Uyemura & Co. Ltd. | 63900 | 5197402 |
| # | Carlit Co. Ltd. | 103913 | 1030534 |
| # | Chubu Steel Plate Co. <br> Ltd.<br>| 69900 | 897461 |
|  | Chuetsu Pulp & Paper <br> Co. Ltd.<br>| 17600 | 189900 |
|  | Chugoku Marine Paints <br> Ltd.<br>| 183100 | 4894718 |
| # | CK-San-Etsu Co. Ltd. | 12200 | 316022 |
|  | Dai Nippon Toryo Co. <br> Ltd.<br>| 99800 | 820802 |
|  | Daicel Corp. | 406273 | 3495612 |
|  | Daido Steel Co. Ltd. | 539800 | 5107529 |
| # | Daiichi Kigenso <br> Kagaku-Kogyo Co. <br> Ltd.<br>| 55800 | 473409 |
| # | Daiki Aluminium <br> Industry Co. Ltd.<br>| 152500 | 1112776 |
|  | Dainichiseika Color & <br> Chemicals <br> Manufacturing Co. <br> Ltd.<br>| 60700 | 1495268 |
|  | Daio Paper Corp. | 174600 | 920268 |
|  | Denka Co. Ltd. | 277558 | 4028303 |
|  | DIC Corp. | 344700 | 8110114 |

---

891

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
| # | DKS Co. Ltd. | 35615 | $1518321 |
|  | Dowa Holdings Co. <br> Ltd.<br>| 275400 | 9985791 |
|  | Dynapac Co. Ltd. | 4000 | 63068 |
|  | FP Corp. | 147097 | 2390356 |
|  | Fuji Seal International, <br> Inc.<br>| 179028 | 3147772 |
|  | Fujikura Kasei Co. <br> Ltd.<br>| 63800 | 255147 |
|  | Fujimi, Inc. | 184399 | 2883671 |
|  | Fuso Chemical Co. <br> Ltd.<br>| 109200 | 3620252 |
|  | Godo Steel Ltd. | 49500 | 1173653 |
| # | Gun-Ei Chemical <br> Industry Co. Ltd.<br>| 11900 | 256938 |
| # | Hakudo Co. Ltd. | 24200 | 348024 |
|  | Harima Chemicals <br> Group, Inc.<br>| 33200 | 193823 |
| # | Hodogaya Chemical <br> Co. Ltd.<br>| 33019 | 390589 |
| # | Hokkan Holdings Ltd. | 48360 | 675094 |
|  | Hokko Chemical <br> Industry Co. Ltd.<br>| 111000 | 1167435 |
| # | Hokuetsu Corp. | 677999 | 3595643 |
| # | Ise Chemicals Corp. | 9300 | 1898377 |
| # | Ishihara Chemical Co. <br> Ltd.<br>| 56200 | 793585 |
|  | Ishihara Sangyo <br> Kaisha Ltd.<br>| 157550 | 2424462 |
| # | Japan Pure Chemical <br> Co. Ltd.<br>| 500 | 9980 |
|  | JCU Corp. | 123200 | 3633666 |
|  | JSP Corp. | 64826 | 793035 |
|  | Kaneka Corp. | 163000 | 4497102 |
|  | Kansai Paint Co. Ltd. | 468403 | 7518056 |
|  | Kanto Denka Kogyo <br> Co. Ltd.<br>| 181500 | 1224623 |
| # | KeePer Technical <br> Laboratory Co. Ltd.<br>| 74700 | 1779446 |
|  | KEIWA, Inc. | 28339 | 212080 |
|  | KH Neochem Co. Ltd. | 88442 | 1581602 |
| # | Koatsu Gas Kogyo Co. <br> Ltd.<br>| 158793 | 1058371 |
| # | Kohsoku Corp. | 49700 | 920932 |
|  | Konishi Co. Ltd. | 324700 | 2598882 |
| # | Konoshima Chemical <br> Co. Ltd.<br>| 24212 | 232083 |
|  | Krosaki Harima Corp. | 97100 | 2603938 |
| # | Kumiai Chemical <br> Industry Co. Ltd.<br>| 330987 | 1464242 |
| # | Kureha Corp. | 255450 | 6106778 |
| # | Kurimoto Ltd. | 295000 | 3312326 |
|  | Kuriyama Holdings <br> Corp.<br>| 79300 | 853709 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | Kyoei Steel Ltd. | 75500 | $1123992 |
|  | Kyowa Leather Cloth <br> Co. Ltd.<br>| 32300 | 182706 |
|  | Lintec Corp. | 207500 | 5273455 |
|  | Maeda Kosen Co. Ltd. | 223700 | 2794780 |
|  | Maruichi Steel Tube <br> Ltd.<br>| 777000 | 6569764 |
| # | MEC Co. Ltd. | 57500 | 1696250 |
| # | Mipox Corp. | 900 | 2797 |
|  | Mitani Sekisan Co. <br> Ltd.<br>| 66000 | 3225063 |
|  | Mitsubishi Materials <br> Corp.<br>| 653100 | 12574678 |
| # | Mitsubishi Paper Mills <br> Ltd.<br>| 125800 | 497755 |
|  | Mitsubishi Steel <br> Manufacturing Co. <br> Ltd.<br>| 28984 | 352354 |
|  | Mitsui Kinzoku Co. <br> Ltd.<br>| 291500 | 29691461 |
| # | Moriroku Co. Ltd. | 25100 | 381809 |
|  | Mory Industries, Inc. | 136500 | 849809 |
|  | Muto Seiko Co. | 14900 | 162665 |
| # | Nakayama Steel <br> Works Ltd.<br>| 84200 | 336488 |
|  | Nasu Denki Tekko Co. <br> Ltd.<br>| 3000 | 306128 |
|  | Neturen Co. Ltd. | 137300 | 1061327 |
| # | Nicca Chemical Co. <br> Ltd.<br>| 24500 | 230435 |
|  | Nihon Kagaku Sangyo <br> Co. Ltd.<br>| 79800 | 1156976 |
|  | Nihon Nohyaku Co. <br> Ltd.<br>| 143600 | 803574 |
|  | Nihon Parkerizing Co. <br> Ltd.<br>| 490600 | 4261190 |
| # | Nihon Seiko Co. Ltd. | 1500 | 118954 |
|  | Nihon Yamamura <br> Glass Co. Ltd.<br>| 33500 | 578936 |
|  | Nippon Carbide <br> Industries Co., Inc.<br>| 8700 | 119762 |
|  | Nippon Chemical <br> Industrial Co. Ltd.<br>| 29400 | 533629 |
| # | Nippon Concrete <br> Industries Co. Ltd.<br>| 97917 | 204981 |
| # | Nippon Denko Co. <br> Ltd.<br>| 246914 | 538931 |
| # | Nippon Fine Chemical <br> Co. Ltd.<br>| 78800 | 1269489 |
|  | Nippon Kayaku Co. <br> Ltd.<br>| 661100 | 6045369 |
|  | Nippon Light Metal <br> Holdings Co. Ltd.<br>| 139890 | 2037117 |

---

892

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | Nippon Paper <br> Industries Co. Ltd.<br>| 407306 | $3047257 |
|  | Nippon Shokubai Co. <br> Ltd.<br>| 531700 | 6160454 |
|  | Nippon Soda Co. Ltd. | 267700 | 5934622 |
| # | Nippon Yakin Kogyo <br> Co. Ltd.<br>| 59349 | 1644373 |
|  | Nitta Gelatin, Inc. | 58100 | 373258 |
| # | Nittetsu Mining Co. <br> Ltd.<br>| 326500 | 3576121 |
| # | Oat Agrio Co. Ltd. | 49200 | 699442 |
|  | Okamoto Industries, <br> Inc.<br>| 68400 | 2238430 |
|  | Okura Industrial Co. <br> Ltd.<br>| 34300 | 1104604 |
| # | Osaka Organic <br> Chemical Industry <br> Ltd.<br>| 85843 | 2130939 |
| # | Osaka Steel Co. Ltd. | 76000 | 1278423 |
| # | Pacific Metals Co. Ltd. | 76984 | 1022558 |
|  | Pack Corp. | 240600 | 1874693 |
| # | PILLAR Corp. | 105500 | 3322350 |
|  | Rasa Industries Ltd. | 40000 | 1303257 |
|  | Rengo Co. Ltd. | 671000 | 4086676 |
| # | Riken Technos Corp. | 224700 | 2036749 |
|  | Sakai Chemical <br> Industry Co. Ltd.<br>| 75316 | 1389727 |
|  | Sakata INX Corp. | 236800 | 3495587 |
|  | Sanyo Chemical <br> Industries Ltd.<br>| 39600 | 1077471 |
| # | Sekisui Kasei Co. Ltd. | 31482 | 72251 |
|  | Shikoku Kasei <br> Holdings Corp.<br>| 219200 | 3902089 |
|  | Shinagawa Refra Co. <br> Ltd.<br>| 157500 | 1887707 |
|  | Shin-Etsu Polymer Co. <br> Ltd.<br>| 256400 | 3210896 |
|  | SK Kaken Co. Ltd. | 15700 | 923624 |
|  | Soken Chemical & <br> Engineering Co. <br> Ltd.<br>| 81500 | 1260367 |
| # | Stella Chemifa Corp. | 44400 | 1178571 |
|  | Sumitomo Bakelite Co. <br> Ltd.<br>| 92848 | 3088311 |
|  | Sumitomo Osaka <br> Cement Co. Ltd.<br>| 120699 | 3015083 |
| # | Sumitomo Seika <br> Chemicals Co. Ltd.<br>| 48700 | 1508473 |
|  | T Hasegawa Co. Ltd. | 124300 | 2177798 |
|  | Taiheiyo Cement <br> Corp.<br>| 222234 | 6029541 |
|  | Taisei Lamick Group <br> Head Quarter & <br> Innovation Co. Ltd.<br>| 13900 | 237758 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | Taiyo Holdings Co. <br> Ltd.<br>| 215900 | $11549229 |
|  | Takasago International <br> Corp.<br>| 409000 | 3997175 |
|  | Takemoto Yohki Co. <br> Ltd.<br>| 2600 | 14217 |
| # | Taki Chemical Co. Ltd. | 19300 | 451473 |
|  | Tayca Corp. | 60717 | 517443 |
|  | Teijin Ltd. | 648888 | 5676814 |
|  | Toagosei Co. Ltd. | 636000 | 6309020 |
|  | Toho Chemical <br> Industry Co. Ltd.<br>| 34000 | 173484 |
| # | Toho Titanium Co. Ltd. | 168500 | 1726977 |
| #\* | Toho Zinc Co. Ltd. | 33143 | 144487 |
| # | Tokai Carbon Co. Ltd. | 1012100 | 6779867 |
|  | Tokushu Tokai Paper <br> Co. Ltd.<br>| 132474 | 1274633 |
|  | Tokuyama Corp. | 330297 | 8200108 |
| # | Tokyo Printing Ink <br> Manufacturing Co. <br> Ltd.<br>| 6300 | 287494 |
|  | Tokyo Rope <br> Manufacturing Co. <br> Ltd.<br>| 32000 | 299590 |
|  | Tokyo Steel <br> Manufacturing Co. <br> Ltd.<br>| 467000 | 4120658 |
| # | Tokyo Tekko Co. Ltd. | 52900 | 1933192 |
|  | Tomoku Co. Ltd. | 65100 | 1390413 |
|  | Topy Industries Ltd. | 67300 | 1242605 |
| # | Toyo Gosei Co. Ltd. | 27500 | 1249995 |
|  | Toyobo Co. Ltd. | 308621 | 2290833 |
|  | TYK Corp. | 108200 | 387799 |
|  | UACJ Corp. | 756964 | 9774569 |
|  | UBE Corp. | 334300 | 4914550 |
| # | Valqua Ltd. | 95312 | 2397885 |
|  | Vertex Corp. | 252588 | 2260241 |
|  | Yamau Holdings Co. <br> Ltd.<br>| 5300 | 85895 |
|  | Yamax Corp. | 29700 | 388132 |
|  | Yodoko Ltd. | 646500 | 5450770 |
|  | Yotai Refractories Co. <br> Ltd.<br>| 8700 | 100312 |
|  | Yushiro, Inc. | 43600 | 600656 |
|  | Zacros Corp. | 345200 | 2359224 |
|  | Zeon Corp. | 641493 | 6582030 |
| TOTAL MATERIALS | TOTAL MATERIALS |  | 405168601 |
| REAL ESTATE — (1.3%) | REAL ESTATE — (1.3%) | REAL ESTATE — (1.3%) | REAL ESTATE — (1.3%) |
| # | AD Works Group Co. <br> Ltd.<br>| 158000 | 487577 |
|  | Airport Facilities Co. <br> Ltd.<br>| 127670 | 853099 |
| # | Anabuki Kosan, Inc. | 11000 | 153603 |

---

893

------

**The Japanese Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |
|  | Aoyama Zaisan <br> Networks Co. Ltd.<br>| 101700 | $1325227 |
|  | Arealink Co. Ltd. | 190292 | 1254603 |
|  | AZOOM Co. Ltd. | 21000 | 654156 |
|  | B-Lot Co. Ltd. | 40800 | 461823 |
|  | Cosmos Initia Co. Ltd. | 43300 | 363924 |
| # | CREAL, Inc. | 35500 | 229759 |
| # | Dear Life Co. Ltd. | 142100 | 1018002 |
|  | FaithNetwork Co. Ltd. | 9600 | 51522 |
|  | Global Link <br> Management KK<br>| 17100 | 294909 |
|  | Goldcrest Co. Ltd. | 77870 | 1688009 |
| # | Good Com Asset Co. <br> Ltd.<br>| 21200 | 186795 |
| # | Grandy House Corp. | 98000 | 360058 |
| # | Innovation Holdings <br> Co. Ltd.<br>| 3100 | 21764 |
|  | Japan Property <br> Management Center <br> Co. Ltd.<br>| 29100 | 236536 |
| # | JINUSHI Co. Ltd. | 77900 | 1465647 |
| # | JSB Co. Ltd. | 50800 | 1201611 |
|  | Katitas Co. Ltd. | 129100 | 2098781 |
|  | Keihanshin Building <br> Co. Ltd.<br>| 191800 | 2156865 |
|  | LA Holdings Co. Ltd. | 21300 | 1037548 |
|  | Leopalace21 Corp. | 947400 | 3869018 |
|  | Loadstar Capital KK | 42300 | 887200 |
| # | Mirarth Holdings, Inc. | 285900 | 704719 |
|  | Mugen Estate Co. Ltd. | 54600 | 720824 |
|  | Nisshin Group <br> Holdings Co. Ltd.<br>| 190600 | 744365 |
|  | Relo Group, Inc. | 392356 | 4223655 |
|  | Sankyo Frontier Co. <br> Ltd.<br>| 38900 | 506206 |
| # | SRE Holdings Corp. | 37200 | 680472 |
|  | Star Mica Holdings Co. <br> Ltd.<br>| 129371 | 954783 |
|  | Starts Corp., Inc. | 198400 | 6163067 |
|  | Sun Frontier Fudousan <br> Co. Ltd.<br>| 162400 | 2405746 |
|  | TOC Co. Ltd. | 216550 | 1144046 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |
|  | Tosei Corp. | 174700 | $3716900 |
|  | Urbanet Corp. Co. Ltd. | 97700 | 356301 |
| TOTAL REAL ESTATE | TOTAL REAL ESTATE |  | 44679120 |
| UTILITIES — (1.5%) | UTILITIES — (1.5%) | UTILITIES — (1.5%) | UTILITIES — (1.5%) |
| # | Chugoku Electric <br> Power Co., Inc.<br>| 1164692 | 6479529 |
| # | Hiroshima Gas Co. <br> Ltd.<br>| 232031 | 547781 |
| # | Hokkaido Electric <br> Power Co., Inc.<br>| 782100 | 5442965 |
|  | Hokkaido Gas Co. Ltd. | 419500 | 1843733 |
|  | Hokuriku Electric <br> Power Co.<br>| 418671 | 2328425 |
| # | Hokuriku Gas Co. Ltd. | 6300 | 146911 |
|  | K&O Energy Group, <br> Inc.<br>| 80600 | 1817015 |
|  | Nippon Gas Co. Ltd. | 645700 | 12360980 |
| # | Okinawa Electric <br> Power Co., Inc.<br>| 149805 | 981640 |
| #\* | RENOVA, Inc. | 118299 | 633841 |
|  | Saibu Gas Holdings <br> Co. Ltd.<br>| 36000 | 431574 |
|  | Shikoku Electric Power <br> Co., Inc.<br>| 907800 | 8105173 |
|  | Shizuoka Gas Co. Ltd. | 250500 | 1831792 |
|  | Toell Co. Ltd. | 29300 | 152391 |
|  | Toho Gas Co. Ltd. | 210300 | 6279555 |
| TOTAL UTILITIES | TOTAL UTILITIES |  | 49383305 |
| TOTAL COMMON <br> STOCKS <br>Cost ($2196161505) | TOTAL COMMON <br> STOCKS <br>Cost ($2196161505) |  | 3290153109 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | **Value†** |
| SECURITIES LENDING COLLATERAL — (1.2%) | SECURITIES LENDING COLLATERAL — (1.2%) | SECURITIES LENDING COLLATERAL — (1.2%) | SECURITIES LENDING COLLATERAL — (1.2%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 3497717 | 40458089 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $2,236,619,594) | (Cost $2,236,619,594) |  | $3330611198 |

---

894

------

**The Japanese Small Company Series**

**CONTINUED**

Summary of the Series' investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Communication Services | &nbsp;&nbsp; — | &nbsp;&nbsp; $65881607 | &nbsp;&nbsp; — | &nbsp;&nbsp; $65881607 |
| Consumer Discretionary | &nbsp;&nbsp; — | &nbsp;&nbsp; 546226051 | &nbsp;&nbsp; — | &nbsp;&nbsp; 546226051 |
| Consumer Staples | &nbsp;&nbsp; — | &nbsp;&nbsp; 248302193 | &nbsp;&nbsp; — | &nbsp;&nbsp; 248302193 |
| Energy | &nbsp;&nbsp; — | &nbsp;&nbsp; 29367678 | &nbsp;&nbsp; — | &nbsp;&nbsp; 29367678 |
| Financials | &nbsp;&nbsp; — | &nbsp;&nbsp; 312464571 | &nbsp;&nbsp; — | &nbsp;&nbsp; 312464571 |
| Health Care | &nbsp;&nbsp; — | &nbsp;&nbsp; 111577692 | &nbsp;&nbsp; — | &nbsp;&nbsp; 111577692 |
| Industrials | &nbsp;&nbsp; — | &nbsp;&nbsp; 1016168602 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1016168602 |
| Information Technology | &nbsp;&nbsp; — | &nbsp;&nbsp; 460933689 | &nbsp;&nbsp; — | &nbsp;&nbsp; 460933689 |
| Materials | &nbsp;&nbsp; — | &nbsp;&nbsp; 405168601 | &nbsp;&nbsp; — | &nbsp;&nbsp; 405168601 |
| Real Estate | &nbsp;&nbsp; — | &nbsp;&nbsp; 44679120 | &nbsp;&nbsp; — | &nbsp;&nbsp; 44679120 |
| Utilities | &nbsp;&nbsp; — | &nbsp;&nbsp; 49383305 | &nbsp;&nbsp; — | &nbsp;&nbsp; 49383305 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 40458089 | &nbsp;&nbsp; — | &nbsp;&nbsp; 40458089 |
| Total Investments in Securities | &nbsp;&nbsp; — | &nbsp;&nbsp; $3330611198 | &nbsp;&nbsp; — | &nbsp;&nbsp; $3330611198 |

---

See accompanying Notes to Financial Statements.

895

------

**The Asia Pacific Small Company Series**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (98.1%) | COMMON STOCKS — (98.1%) | COMMON STOCKS — (98.1%) | COMMON STOCKS — (98.1%) |
| AUSTRALIA — (63.9%) | AUSTRALIA — (63.9%) | AUSTRALIA — (63.9%) | AUSTRALIA — (63.9%) |
| #\* | 29Metals Ltd. | 3264524 | $1013413 |
| \* | 3P Learning Ltd. | 93233 | 37405 |
| # | Accent Group Ltd. | 2422986 | 2028474 |
| \*†† | ACN Ltd. | 1687 | 0 |
| # | Acrow Ltd. | 1469765 | 1085982 |
| # | Adairs Ltd. | 1109494 | 1472726 |
|  | AGL Energy Ltd. | 2224036 | 13472467 |
| \* | AIC Mines Ltd. | 244503 | 76703 |
| \* | AI-Media Technologies <br> Ltd.<br>| 200841 | 116671 |
| #\* | Ainsworth Game <br> Technology Ltd.<br>| 570292 | 380772 |
| #\* | Alkane Resources <br> Ltd.<br>| 4169179 | 2734618 |
| # | Alliance Aviation <br> Services Ltd.<br>| 296653 | 491073 |
| \* | Alpha HPA Ltd. | 67812 | 35003 |
| #\* | AMA Group Ltd. | 23382945 | 1405592 |
|  | Amotiv Ltd. | 767059 | 4468191 |
|  | AMP Ltd. | 15419283 | 17989676 |
| \* | Amplitude Energy <br> Ltd.<br>| 18584884 | 2918823 |
|  | Ansell Ltd. | 794036 | 18969669 |
| #\* | Anson Resources <br> Ltd.<br>| 569514 | 30874 |
| #\* | Antipa Minerals Ltd. | 412449 | 155052 |
| #\* | Appen Ltd. | 479690 | 242056 |
|  | Arafura Rare Earths <br> Ltd.<br>| 2599360 | 484717 |
| #\* | Arafura Rare Earths <br> Ltd. (ARU AU)<br>| 14051158 | 2615443 |
| # | ARB Corp. Ltd. | 531787 | 12500789 |
| # | ARN Media Ltd. | 696232 | 240610 |
| #\* | Aroa Biosurgery Ltd. | 259971 | 131615 |
|  | AUB Group Ltd. | 681147 | 16453402 |
| #\* | Audinate Group Ltd. | 200675 | 645657 |
| #\* | Aura Energy Ltd. | 254270 | 35678 |
| \* | Aurelia Metals Ltd. | 8505115 | 1363110 |
|  | Aurizon Holdings Ltd. | 2960457 | 6641763 |
| \* | Ausgold Ltd. | 186459 | 94856 |
|  | Aussie Broadband <br> Ltd.<br>| 1467342 | 5708626 |
| \* | Austal Ltd. | 2396743 | 10627515 |
| # | Austin Engineering <br> Ltd.<br>| 927055 | 160518 |
| #\* | Australian Agricultural <br> Co. Ltd.<br>| 925060 | 865752 |
| # | Australian Clinical <br> Labs Ltd.<br>| 1251783 | 2126688 |
| # | Australian Ethical <br> Investment Ltd.<br>| 486690 | 2224800 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Australian Finance <br> Group Ltd.<br>| 1204952 | $1876116 |
| #\* | Australian Strategic <br> Materials Ltd.<br>| 441208 | 291938 |
| \* | Australian Vanadium <br> Ltd.<br>| 16823179 | 120707 |
| # | Autosports Group Ltd. | 32126 | 86567 |
| †† | AVZ Minerals Ltd. | 263719 | 27651 |
| \* | Baby Bunting Group <br> Ltd.<br>| 614886 | 1101034 |
| # | Bank of Queensland <br> Ltd.<br>| 3431111 | 15395065 |
|  | Bapcor Ltd. | 1562886 | 2581541 |
| \* | BCI Minerals Ltd. | 5681731 | 1431783 |
|  | Beach Energy Ltd. | 9447642 | 7676554 |
| # | Beacon Lighting <br> Group Ltd.<br>| 530275 | 969094 |
| \* | Beacon Minerals Ltd. | 91602 | 150068 |
|  | Bega Cheese Ltd. | 1663461 | 5773476 |
| # | Bell Financial Group <br> Ltd.<br>| 732651 | 606301 |
| \* | Bellevue Gold Ltd. | 8430579 | 6464548 |
| \* | Berkeley Energia Ltd. | 37692 | 13923 |
| \* | Betmakers Technology <br> Group Ltd.<br>| 223808 | 23442 |
| # | Bisalloy Steel Group <br> Ltd.<br>| 12744 | 41377 |
| #\* | Black Cat Syndicate <br> Ltd. (BC8 AU)<br>| 1711680 | 1133543 |
| #\* | Boss Energy Ltd. | 1892064 | 2455548 |
| # | Bravura Solutions <br> Ltd.<br>| 2314208 | 4355631 |
| # | Breville Group Ltd. | 577014 | 11195954 |
| \* | Brightstar Resources <br> Ltd.<br>| 223729 | 66387 |
| #\* | Bubs Australia Ltd. | 244561 | 24751 |
|  | Capral Ltd. | 78536 | 580074 |
| \* | Capricorn Metals Ltd. | 2384336 | 20076480 |
| #\* | Carnarvon Energy <br> Ltd.<br>| 8458207 | 530891 |
| # | Cash Converters <br> International Ltd.<br>| 2134992 | 440286 |
| \* | Catalyst Metals Ltd. | 135323 | 598566 |
| \* | Catapult Sports Ltd. | 530693 | 2329985 |
| # | Cedar Woods <br> Properties Ltd.<br>| 365108 | 2158129 |
| \* | Centrebet <br> International Ltd.<br>| 81336 | 0 |
| #\* | Cettire Ltd. | 726755 | 327441 |
| #\* | Chalice Mining Ltd. | 844900 | 1110850 |
|  | Challenger Ltd. | 1395658 | 8495294 |
| # | Champion Iron Ltd. | 2273372 | 8221622 |

---

896

------

**The Asia Pacific Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| #\* | Chrysos Corp. Ltd. | 234895 | $1237905 |
| # | Civmec Australia Ltd. | 194000 | 171123 |
|  | Cleanaway Waste <br> Management Ltd.<br>| 1729403 | 2882980 |
| #\* | ClearView Wealth <br> Ltd.<br>| 224865 | 87511 |
| # | Clinuvel <br> Pharmaceuticals <br> Ltd.<br>| 134861 | 1013558 |
| # | Clover Corp. Ltd. | 332762 | 147264 |
| #\* | Coast Entertainment <br> Holdings Ltd.<br>| 1684663 | 496411 |
| # | Cobram Estate Olives <br> Ltd.<br>| 159843 | 355176 |
|  | Codan Ltd. | 695720 | 16475324 |
| # | COG Financial <br> Services Ltd.<br>| 12471 | 18948 |
| # | Cogstate Ltd. | 285806 | 514663 |
|  | Collins Foods Ltd. | 693605 | 4851230 |
| \* | Comet Ridge Ltd. | 3573657 | 304725 |
| #\* | Core Lithium Ltd. | 1322838 | 108001 |
| #Ω | Coronado Global <br> Resources, Inc., <br> CDI<br>| 3016298 | 718194 |
| # | Corporate Travel <br> Management Ltd.<br>| 709260 | 7457585 |
|  | Credit Corp. Group <br> Ltd.<br>| 400424 | 3756470 |
|  | Dalrymple Bay <br> Infrastructure Ltd.<br>| 1761604 | 5106942 |
|  | Data#3 Ltd. | 905547 | 5214499 |
| #\* | Deep Yellow Ltd. | 5694023 | 6673226 |
|  | Deterra Royalties Ltd. | 36576 | 97512 |
| #\* | Develop Global Ltd. | 634137 | 1472381 |
|  | Dicker Data Ltd. | 555294 | 3716978 |
| # | Domino's Pizza <br> Enterprises Ltd.<br>| 156345 | 1872311 |
|  | Downer EDI Ltd. | 3858487 | 19489301 |
| \* | Dreadnought <br> Resources Ltd.<br>| 6016513 | 121637 |
| \* | DUG Technology Ltd. | 90385 | 129358 |
| # | Duratec Ltd. | 375639 | 523290 |
|  | Dyno Nobel Ltd. | 8002785 | 16840852 |
| # | Eagers Automotive <br> Ltd.<br>| 767944 | 17089321 |
| #\* | Ecograf Ltd. | 449670 | 145397 |
| \*†† | Elanor Investor Group | 55544 | 5597 |
| # | Elders Ltd. | 1279561 | 5934590 |
| \* | Electro Optic Systems <br> Holdings Ltd.<br>| 89975 | 364954 |
| \* | Emeco Holdings Ltd. | 1760688 | 1381057 |
| \* | Emerald Resources <br> NL<br>| 3251312 | 10097000 |
| #\* | EML Payments Ltd. | 1020916 | 644428 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| # | Endeavour Group <br> Ltd.<br>| 162551 | $388896 |
|  | Energy One Ltd. | 11520 | 144009 |
| # | Enero Group Ltd. | 285913 | 126934 |
| # | EQT Holdings Ltd. | 139031 | 2281622 |
|  | Eureka Group <br> Holdings Ltd. (EGH <br> AU)<br>| 233711 | 80949 |
|  | Euroz Hartleys Group <br> Ltd.<br>| 110085 | 72744 |
|  | EVT Ltd. | 494091 | 4668482 |
|  | Experience Co. Ltd. | 102579 | 10040 |
| # | Fenix Resources Ltd. | 2407578 | 826916 |
|  | Fiducian Group Ltd. | 4647 | 36906 |
| # | Finbar Group Ltd. | 260713 | 147558 |
| \* | Findi Ltd. | 32861 | 40220 |
| †† | Firefinch Ltd. | 1569275 | 38504 |
| #\* | FireFly Metals Ltd. | 698444 | 868896 |
| \* | FleetPartners Group <br> Ltd.<br>| 1402911 | 2680087 |
| # | Fleetwood Ltd. | 387468 | 747708 |
| # | Flight Centre Travel <br> Group Ltd.<br>| 717133 | 5769024 |
| #\* | Frontier Digital <br> Ventures Ltd.<br>| 160232 | 50925 |
|  | G8 Education Ltd. | 4419606 | 2326125 |
| #\* | Galan Lithium Ltd. | 841002 | 85173 |
| \* | Gateway Mining Ltd. | 122828 | 7064 |
| # | Generation <br> Development Group <br> Ltd.<br>| 913997 | 4277694 |
| \* | Genesis Minerals Ltd. | 4218121 | 16048249 |
|  | GenusPlus Group <br> Ltd.<br>| 136734 | 621614 |
| # | GR Engineering <br> Services Ltd.<br>| 459321 | 1099839 |
|  | GrainCorp Ltd., <br> Class A<br>| 1384143 | 8005923 |
| # | Grange Resources <br> Ltd.<br>| 1451369 | 256404 |
|  | GWA Group Ltd. | 1200408 | 1939453 |
| # | Hansen Technologies <br> Ltd.<br>| 1035882 | 3778818 |
|  | Healius Ltd. | 1787898 | 1040635 |
|  | Helia Group Ltd. | 1865902 | 6580991 |
| # | Helloworld Travel Ltd. | 56179 | 69793 |
| \* | Highfield Resources <br> Ltd.<br>| 88200 | 3287 |
| # | Horizon Oil Ltd. | 3251557 | 436330 |
| #\* | Hot Chili Ltd. | 161431 | 103352 |
| # | Humm Group Ltd. | 1917461 | 758025 |
| # | IDP Education Ltd. | 1355422 | 4968531 |
| \* | IGO Ltd. | 2952561 | 10352885 |
|  | Iluka Resources Ltd. | 2070814 | 9362497 |

---

897

------

**The Asia Pacific Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Imdex Ltd. | 3410700 | $7667524 |
| #\* | Immutep Ltd. (IMM <br> AU)<br>| 5216717 | 954682 |
|  | Infomedia Ltd. | 1691553 | 1863874 |
|  | Inghams Group Ltd. | 2717345 | 4300982 |
| \* | Insignia Financial Ltd. | 3198090 | 9479048 |
| # | Integral Diagnostics <br> Ltd.<br>| 1498180 | 2533640 |
| \* | Investigator <br> Resources Ltd.<br>| 918733 | 30629 |
| #\* | Invictus Energy Ltd. | 525574 | 58538 |
| #\* | ioneer Ltd. | 7840181 | 947736 |
| \* | Ionic Rare Earths Ltd. | 934713 | 10429 |
| # | IPD Group Ltd. | 171621 | 413229 |
| # | IPH Ltd. | 929612 | 2241477 |
|  | IRESS Ltd. | 941727 | 5452874 |
|  | IVE Group Ltd. | 592683 | 1080602 |
| \* | Judo Capital Holdings <br> Ltd.<br>| 3740593 | 4128989 |
| # | Jumbo Interactive <br> Ltd.<br>| 208843 | 1602648 |
|  | Jupiter Mines Ltd. | 7892603 | 1341946 |
| # | Karoon Energy Ltd. | 4207588 | 4428436 |
| #\* | Kelly Partners Group <br> Holdings Ltd.<br>| 5476 | 34199 |
| # | Kelsian Group Ltd. | 776208 | 2471256 |
| \* | Kingston Resources <br> Ltd.<br>| 123910 | 9725 |
| # | Kogan.com Ltd. | 273057 | 567813 |
| # | L1 Group Ltd. | 461809 | 341189 |
|  | Lendlease Corp. Ltd. | 3907072 | 14168521 |
| \*†† | Leo Lithium Ltd. | 726998 | 0 |
|  | Liberty Financial <br> Group Ltd.<br>| 4470 | 12059 |
| # | Lifestyle Communities <br> Ltd.<br>| 318099 | 1076569 |
| # | Lindsay Australia Ltd. | 683377 | 270283 |
| \* | Lotus Resources Ltd. | 2496899 | 317646 |
|  | Lovisa Holdings Ltd. | 404882 | 9578921 |
| # | Lycopodium Ltd. | 129244 | 1064459 |
| # | MA Financial Group <br> Ltd.<br>| 643693 | 4050916 |
| # | Maas Group Holdings <br> Ltd.<br>| 334893 | 1039078 |
| # | Macmahon Holdings <br> Ltd.<br>| 6959659 | 2137126 |
| \* | Macquarie Technology <br> Group Ltd.<br>| 81819 | 3539256 |
| # | Mader Group Ltd. | 101553 | 589573 |
|  | Magellan Financial <br> Group Ltd.<br>| 1038801 | 6529256 |
| \*†† | Mallee Resources <br> Ltd.<br>| 49485 | 0 |
|  | Maxiparts Ltd. | 105244 | 168657 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| \* | Mayne Pharma Group <br> Ltd.<br>| 298689 | $829650 |
|  | McMillan Shakespeare <br> Ltd.<br>| 342202 | 3851673 |
| \* | Megaport Ltd. | 879583 | 9447876 |
| \* | Melbana Energy Ltd. | 786335 | 7710 |
| #\* | Mesoblast Ltd. (MSB <br> AU)<br>| 3810861 | 6228100 |
| #\* | Metals X Ltd. | 4908455 | 2708180 |
|  | Metcash Ltd. | 6428419 | 16012698 |
| #\* | Metro Mining Ltd. | 3007921 | 143446 |
| \* | Michael Hill <br> International Ltd. <br> (MHJ AU)<br>| 32450 | 7219 |
| #\* | Michael Hill <br> International Ltd. <br> (MHJ NZ)<br>| 1088653 | 249360 |
|  | Monadelphous Group <br> Ltd.<br>| 563042 | 8557811 |
| # | Monash IVF Group <br> Ltd.<br>| 1834274 | 828922 |
| \* | Morning Star Gold NL | 332749 | 0 |
|  | MotorCycle Holdings <br> Ltd.<br>| 9722 | 23958 |
| \* | Mount Gibson Iron <br> Ltd.<br>| 2762130 | 650379 |
| # | Myer Holdings Ltd. | 7687620 | 1984379 |
|  | MyState Ltd. | 921036 | 2679207 |
| \* | Nanosonics Ltd. | 857464 | 2567920 |
|  | Navigator Global <br> Investments Ltd.<br>| 1790014 | 2914757 |
| #\* | Neuren <br> Pharmaceuticals <br> Ltd.<br>| 370798 | 5263471 |
| # | New Hope Corp. Ltd. | 3054385 | 8289578 |
|  | nib holdings Ltd. | 2780021 | 13701588 |
| # | Nick Scali Ltd. | 480421 | 7980664 |
| # | Nickel Industries Ltd. | 7670465 | 3705148 |
|  | Nine Entertainment <br> Co. Holdings Ltd.<br>| 6220589 | 4719777 |
| #\* | Novonix Ltd. | 164811 | 61798 |
|  | NRW Holdings Ltd. | 2836956 | 8988678 |
| \* | Nufarm Ltd. | 1867861 | 2540203 |
| #\* | Nuix Ltd. | 994461 | 1587540 |
|  | Objective Corp. Ltd. | 133508 | 1611931 |
| #\* | OFX Group Ltd. | 1222746 | 492909 |
|  | OM Holdings Ltd. | 37137 | 6192 |
| #\* | Omni Bridgeway Ltd. | 1522125 | 1587147 |
|  | oOh!media Ltd. | 2136843 | 1921000 |
| #\* | Ora Banda Mining <br> Ltd.<br>| 4953550 | 3898910 |
|  | Orora Ltd. | 7493885 | 9857589 |
|  | Pacific Current Group <br> Ltd.<br>| 197525 | 1328597 |

---

898

------

**The Asia Pacific Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| #\* | Paladin Energy Ltd. | 2173021 | $13631809 |
| \* | Pantoro Gold Ltd. | 1559835 | 5209409 |
| \* | Paradigm <br> Biopharmaceuticals <br> Ltd.<br>| 105898 | 29418 |
| #\* | Paragon Care Ltd. | 1641276 | 343801 |
|  | Peet Ltd. | 1417045 | 1772353 |
| #\* | Peninsula Energy Ltd. | 1072373 | 413270 |
| #\* | PeopleIN Ltd. | 111660 | 61686 |
| # | Pepper Money Ltd. | 482716 | 704204 |
|  | Perenti Ltd. | 4932735 | 8736608 |
|  | Perpetual Ltd. | 436802 | 5478842 |
|  | Perseus Mining Ltd. | 5620140 | 17838148 |
| # | Peter Warren <br> Automotive <br> Holdings Ltd.<br>| 406016 | 495392 |
| \* | PEXA Group Ltd. | 806634 | 7986721 |
| \* | PPK Mining <br> Equipment Group <br> Pty. Ltd.<br>| 22761 | 0 |
|  | Praemium Ltd. | 1857486 | 1109197 |
|  | Premier Investments <br> Ltd.<br>| 455217 | 5299085 |
| # | Propel Funeral <br> Partners Ltd.<br>| 271223 | 889774 |
| #\* | Province Resources <br> Ltd.<br>| 889179 | 7563 |
| # | PWR Holdings Ltd. | 528344 | 2938292 |
| \* | QPM Energy Ltd. | 675701 | 19024 |
|  | Ramelius Resources <br> Ltd.<br>| 6530442 | 14127883 |
| #\* | ReadyTech Holdings <br> Ltd.<br>| 271579 | 389112 |
| # | Regal Partners Ltd. | 40660 | 77568 |
|  | Regis Healthcare Ltd. | 941166 | 4561567 |
|  | Regis Resources Ltd. | 4485238 | 18829045 |
|  | Reliance Worldwide <br> Corp. Ltd.<br>| 4486285 | 12164683 |
| \* | Renascor Resources <br> Ltd.<br>| 411869 | 22905 |
| # | Resimac Group Ltd. | 59453 | 44104 |
| \* | Resolute Mining Ltd. | 12851604 | 7998816 |
| #\* | Retail Food Group <br> Ltd.<br>| 212320 | 203700 |
| # | Ricegrowers Ltd. | 7954 | 89173 |
| # | Ridley Corp. Ltd. | 1773927 | 3436180 |
| \* | RPMGlobal Holdings <br> Ltd.<br>| 1159561 | 3691728 |
| \* | Sandfire Resources <br> Ltd.<br>| 1516599 | 16063073 |
| \* | Saturn Metals Ltd. | 67645 | 22118 |
| \* | Select Harvests Ltd. | 556734 | 1415134 |
| # | Servcorp Ltd. | 287787 | 1389501 |
|  | Service Stream Ltd. | 3709486 | 5503217 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| #\* | Seven West Media <br> Ltd.<br>| 205325 | $18476 |
|  | Shape Australia Pty. <br> Ltd.<br>| 16579 | 62735 |
|  | Shaver Shop Group <br> Ltd.<br>| 566769 | 523143 |
| \* | Sheffield Resources <br> Ltd.<br>| 159251 | 10308 |
|  | Shriro Holdings Ltd. | 19558 | 9774 |
| #\* | Silver Mines Ltd. | 5184038 | 575245 |
| # | Sims Ltd. (SGM AU) | 1029350 | 10738058 |
| \* | SiteMinder Ltd. | 242932 | 1127689 |
|  | SKS Technologies <br> Group Ltd.<br>| 64279 | 159693 |
| \* | Smart Parking Ltd. | 158737 | 130778 |
| # | SmartGroup Corp. <br> Ltd.<br>| 685361 | 3663780 |
| # | Solvar Ltd. | 945012 | 966560 |
|  | Southern Cross <br> Electrical <br> Engineering Ltd.<br>| 1482590 | 2383445 |
| # | Southern Cross Media <br> Group Ltd.<br>| 978868 | 540644 |
| \*†† | SpeedCast <br> International Ltd.<br>| 1497915 | 0 |
| # | SRG Global Ltd. | 3337113 | 6000736 |
| #\* | St Barbara Ltd. | 7006123 | 2357817 |
|  | Stanmore Resources <br> Ltd.<br>| 1571810 | 2209065 |
| # | Step One Clothing <br> Ltd.<br>| 74766 | 23995 |
| \* | Strickland Metals Ltd. | 231568 | 28763 |
| #\* | Strike Energy Ltd. | 2861554 | 205578 |
|  | Super Retail Group <br> Ltd.<br>| 966039 | 10096409 |
| \* | Superloop Ltd. | 3013346 | 6147776 |
| # | Supply Network Ltd. | 20361 | 469571 |
| #\* | Syrah Resources Ltd. | 3490248 | 775851 |
|  | Tabcorp Holdings Ltd. | 12363054 | 8590972 |
| #\* | Telix Pharmaceuticals <br> Ltd.<br>| 350736 | 3711362 |
| \* | Temple & Webster <br> Group Ltd.<br>| 129415 | 2011334 |
|  | Ten Sixty Four Ltd. | 1044721 | 75192 |
| # | Treasury Wine <br> Estates Ltd.<br>| 2448514 | 9590578 |
|  | Tribune Resources <br> Ltd.<br>| 18468 | 80309 |
| \* | Tuas Ltd. | 1218716 | 5609188 |
| #\* | Tyro Payments Ltd. | 1400667 | 1016527 |
| # | Universal Store <br> Holdings Ltd.<br>| 19109 | 110845 |
| \* | Vault Minerals Ltd. | 18321214 | 8710144 |

---

899

------

**The Asia Pacific Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
|  | Ventia Services Group <br> Pty. Ltd.<br>| 4810257 | $18017114 |
| #Ω | Viva Energy Group <br> Ltd.<br>| 4303853 | 5166062 |
| \* | Viva Leisure Ltd. | 84404 | 93056 |
| #\* | Vulcan Energy <br> Resources Ltd.<br>| 88200 | 387966 |
| # | Vulcan Steel Ltd. | 162808 | 771744 |
| \* | Vysarn Ltd. | 566469 | 238781 |
|  | Wagners Holding Co. <br> Ltd.<br>| 137096 | 242009 |
| \*†† | Walkabout Resources <br> Ltd.<br>| 1129282 | 0 |
| # | Washington H Soul <br> Pattinson & Co. <br> Ltd.<br>| 410800 | 10093878 |
| \* | WEB Travel Group <br> Ltd.<br>| 2208842 | 6026347 |
| #\* | Webjet Group Ltd. | 2089682 | 1147751 |
| #\* | West African <br> Resources Ltd.<br>| 6987249 | 5771121 |
|  | Westgold Resources <br> Ltd.<br>| 5288770 | 18329837 |
|  | Whitehaven Coal Ltd. | 3644576 | 17129875 |
| \* | Wildcat Resources <br> Ltd.<br>| 28702 | 4219 |
|  | XRF Scientific Ltd. | 321689 | 439234 |
| \* | Zip Co. Ltd. | 7218788 | 18139482 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 1056864866 |
| CHINA — (0.0%) | CHINA — (0.0%) | CHINA — (0.0%) | CHINA — (0.0%) |
| \* | Neo-Neon Holdings <br> Ltd.<br>| 1453500 | 68166 |
| \* | Tongda Group <br> Holdings Ltd.<br>| 103200 | 61176 |
| TOTAL CHINA | TOTAL CHINA |  | 129342 |
| HONG KONG — (19.3%) | HONG KONG — (19.3%) | HONG KONG — (19.3%) | HONG KONG — (19.3%) |
|  | Aeon Credit Service <br> Asia Co. Ltd.<br>| 638248 | 621973 |
| \* | Allied Group Ltd. | 2842000 | 878831 |
|  | Analogue Holdings <br> Ltd.<br>| 842000 | 97378 |
|  | APAC Resources Ltd. | 2877284 | 715571 |
| #\* | Apollo Future Mobility <br> Group Ltd.<br>| 43599 | 3873 |
|  | Asia Financial <br> Holdings Ltd.<br>| 1626908 | 920659 |
| \* | Asia Standard <br> International Group <br> Ltd.<br>| 10846917 | 418519 |
|  | ASMPT Ltd. | 1639200 | 17253868 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Associated <br> International Hotels <br> Ltd.<br>| 598000 | $411245 |
|  | Bank of East Asia <br> Ltd.<br>| 4560788 | 7852744 |
|  | Best Mart 360 <br> Holdings Ltd.<br>| 1180000 | 315778 |
| #\* | Bright Smart <br> Securities & <br> Commodities Group <br> Ltd.<br>| 4590000 | 5748655 |
|  | Build King Holdings <br> Ltd.<br>| 630000 | 124054 |
| # | Cafe de Coral <br> Holdings Ltd.<br>| 1662000 | 1342520 |
|  | Chen Hsong Holdings | 1260000 | 292048 |
|  | Cheuk Nang Holdings <br> Ltd.<br>| 578714 | 103740 |
|  | Chevalier International <br> Holdings Ltd.<br>| 516989 | 256607 |
| \* | Chi Kan Holdings Ltd. | 84000 | 26151 |
| \* | China Energy <br> Development <br> Holdings Ltd.<br>| 45426000 | 199118 |
|  | China Motor Bus Co. <br> Ltd.<br>| 72200 | 545842 |
| \* | China Star <br> Entertainment Ltd.<br>| 8110000 | 2265582 |
|  | Chinese Estates <br> Holdings Ltd.<br>| 1443500 | 242867 |
|  | Chow Sang Sang <br> Holdings <br> International Ltd.<br>| 1849000 | 3308553 |
| \* | Chuang's Consortium <br> International Ltd.<br>| 6259043 | 269326 |
|  | CITIC Telecom <br> International <br> Holdings Ltd.<br>| 8787125 | 2793599 |
| \* | CK Life Sciences <br> International <br> Holdings, Inc.<br>| 14716000 | 1703617 |
| # | C-Mer Medical <br> Holdings Ltd.<br>| 2424000 | 567959 |
|  | CN Logistics <br> International <br> Holdings Ltd.<br>| 33000 | 14296 |
| \* | CNT Group Ltd. | 37264 | 1050 |
| #†† | Convoy, Inc. | 32922000 | 132611 |
| #\* | Cowell e Holdings, <br> Inc.<br>| 1329000 | 5279702 |
| Ω | Crystal International <br> Group Ltd.<br>| 3572000 | 3130942 |
| \* | CSC Holdings Ltd. | 37641250 | 164559 |

---

900

------

**The Asia Pacific Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
| \* | CSI Properties Ltd. | 53122934 | $1229241 |
|  | CTF Services Ltd. | 5021000 | 5425460 |
| \*†† | CW Group Holdings <br> Ltd.<br>| 1361500 | 0 |
|  | Dah Sing Banking <br> Group Ltd.<br>| 2291916 | 3244368 |
|  | Dah Sing Financial <br> Holdings Ltd.<br>| 1000944 | 4628197 |
| #\* | Deep Source Holdings <br> Ltd.<br>| 26960000 | 2637726 |
|  | Dickson Concepts <br> International Ltd.<br>| 810000 | 547761 |
| #\* | DL Holdings Group <br> Ltd.<br>| 1648000 | 535643 |
|  | Dream International <br> Ltd.<br>| 686000 | 860292 |
|  | Dynamic Holdings <br> Ltd.<br>| 98000 | 153637 |
|  | Eagle Nice <br> International <br> Holdings Ltd.<br>| 844000 | 393492 |
| # | EC Healthcare | 921097 | 75826 |
| †† | EcoGreen <br> International Group <br> Ltd.<br>| 1994640 | 91459 |
| \* | Emperor Capital <br> Group Ltd.<br>| 5010000 | 65670 |
|  | Emperor Watch & <br> Jewellery Ltd.<br>| 16050000 | 588456 |
| \* | ENM Holdings Ltd. | 12820000 | 486685 |
| \* | Esprit Holdings Ltd. | 727532 | 120972 |
|  | Fairwood Holdings <br> Ltd.<br>| 351458 | 232015 |
|  | Far East Consortium <br> International Ltd.<br>| 6699629 | 655433 |
|  | First Pacific Co. Ltd. | 11802000 | 9529052 |
| \* | First Shanghai <br> Investments Ltd.<br>| 1016000 | 38581 |
| #\*Ω | FIT Hon Teng Ltd. | 8004000 | 5988143 |
|  | Four Seas Mercantile <br> Holdings Ltd.<br>| 610000 | 204122 |
| \*Ω | Frontage Holdings <br> Corp.<br>| 826000 | 127027 |
|  | FSE Lifestyle Services <br> Ltd.<br>| 541000 | 402456 |
|  | Get Nice Holdings <br> Ltd.<br>| 487720 | 186896 |
|  | Giordano International <br> Ltd.<br>| 4932000 | 938672 |
|  | Glorious Sun <br> Enterprises Ltd.<br>| 2100000 | 359651 |
| #\*†† | Gold Financial <br> Holdings Ltd.<br>| 9580000 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Gold Peak Technology <br> Group Ltd.<br>| 3029642 | $281056 |
|  | Golden Resources <br> Development <br> International Ltd.<br>| 2562500 | 115477 |
| \* | GR Life Style Co. Ltd. | 2568000 | 653830 |
|  | Great Eagle Holdings <br> Ltd.<br>| 922472 | 1727423 |
|  | G-Resources Group <br> Ltd.<br>| 1243810 | 1293402 |
| # | Guoco Group Ltd. | 15000 | 149518 |
| # | Guotai Junan <br> International <br> Holdings Ltd.<br>| 10224797 | 5014557 |
|  | Hang Lung Group <br> Ltd.<br>| 3953000 | 7522129 |
|  | Hang Lung Properties <br> Ltd.<br>| 9681368 | 10780614 |
| \* | Hanison Construction <br> Holdings Ltd.<br>| 2139649 | 66747 |
|  | Harbour Centre <br> Development Ltd.<br>| 820500 | 443250 |
| \* | HKR International <br> Ltd.<br>| 2496969 | 348574 |
|  | Hong Kong Ferry <br> Holdings Co. Ltd.<br>| 1149300 | 712467 |
|  | Hong Kong <br> Technology Venture <br> Co. Ltd.<br>| 2043784 | 377641 |
| #\* | Hong Kong Zcloud <br> Technology <br> Construction Ltd.<br>| 320000 | 152438 |
| \* | Hongkong & Shanghai <br> Hotels Ltd.<br>| 2164489 | 1711645 |
| \* | Hongkong Chinese <br> Ltd.<br>| 863774 | 35279 |
| Ω | Honma Golf Ltd. | 738500 | 316536 |
|  | Hung Hing Printing <br> Group Ltd.<br>| 1964000 | 235196 |
|  | Hutchison <br> Telecommunications <br> Hong Kong <br> Holdings Ltd.<br>| 6110000 | 856443 |
|  | Hysan Development <br> Co. Ltd.<br>| 3620000 | 7499755 |
|  | IGG, Inc. | 3947000 | 1978475 |
| Ω | Impro Precision <br> Industries Ltd.<br>| 1109000 | 713826 |
|  | International <br> Housewares Retail <br> Co. Ltd.<br>| 1856000 | 188841 |
| \* | IPE Group Ltd. | 1295000 | 137049 |

---

901

------

**The Asia Pacific Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Jacobson Pharma <br> Corp. Ltd.<br>| 2942000 | $548315 |
|  | JBM Healthcare Ltd. | 390000 | 148280 |
| # | Johnson Electric <br> Holdings Ltd.<br>| 1856168 | 8709692 |
|  | K Wah International <br> Holdings Ltd.<br>| 4300000 | 1222504 |
|  | Karrie International <br> Holdings Ltd.<br>| 2844000 | 1034962 |
|  | Keck Seng <br> Investments Hong <br> Kong Ltd.<br>| 856600 | 246848 |
|  | Kerry Properties Ltd. | 3002500 | 7567700 |
| \* | Kingkey Financial <br> International <br> Holdings Ltd.<br>| 2600000 | 50071 |
|  | KLN Logistics Group <br> Ltd.<br>| 1919500 | 1776460 |
|  | Kowloon Development <br> Co. Ltd.<br>| 1833301 | 892114 |
| \* | KuangChi Science <br> Ltd.<br>| 190000 | 31498 |
| \* | Lai Sun Development <br> Co. Ltd.<br>| 2394294 | 202056 |
|  | Lam Soon Hong Kong <br> Ltd.<br>| 302310 | 449426 |
|  | Langham Hospitality <br> Investments & <br> Langham Hospitality <br> Investments Ltd.<br>| 3809248 | 250176 |
|  | Liu Chong Hing <br> Investment Ltd.<br>| 782200 | 440959 |
|  | Luk Fook Holdings <br> International Ltd.<br>| 1868000 | 5972416 |
|  | Man Wah Holdings <br> Ltd.<br>| 7686800 | 4692664 |
|  | Matrix Holdings Ltd. | 581414 | 37479 |
| \* | MECOM Power & <br> Construction Ltd.<br>| 25999 | 498 |
|  | Melbourne Enterprises <br> Ltd.<br>| 39500 | 324224 |
| \* | Melco International <br> Development Ltd.<br>| 3367499 | 2023062 |
|  | MGM China Holdings <br> Ltd.<br>| 19600 | 37543 |
| \*†† | MH Development <br> NPV<br>| 1125499 | 0 |
| \* | Midland Holdings Ltd. | 2649987 | 747788 |
|  | Miramar Hotel & <br> Investment<br>| 1129000 | 1418223 |
| # | Modern Dental Group <br> Ltd.<br>| 1743000 | 1171575 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
| \* | Modern Innovative <br> Digital Technology <br> Co. Ltd.<br>| 1640000 | $24395 |
| #\* | Mongolian Mining <br> Corp.<br>| 2979000 | 4341340 |
|  | NagaCorp Ltd. | 4875359 | 3269057 |
|  | Nameson Holdings <br> Ltd.<br>| 3188000 | 364933 |
|  | Nanyang Holdings <br> Ltd.<br>| 87000 | 337275 |
|  | National Electronics <br> Holdings<br>| 1342600 | 63451 |
| \* | National United <br> Resources Holdings <br> Ltd.<br>| 182800 | 7318 |
| #\* | New World <br> Development Co. <br> Ltd.<br>| 4941000 | 4573555 |
| \*†† | NewOcean Energy <br> Holdings Ltd.<br>| 7246000 | 0 |
| # | Nissin Foods Co. Ltd. | 1094000 | 945004 |
|  | Orbusneich Medical <br> Group Holdings <br> Ltd.<br>| 101500 | 58595 |
|  | Oriental Watch <br> Holdings<br>| 1950536 | 853510 |
| \* | Oshidori International <br> Holdings Ltd.<br>| 18338400 | 1184617 |
| # | Pacific Basin Shipping <br> Ltd.<br>| 25823000 | 8552514 |
| # | Pacific Textiles <br> Holdings Ltd.<br>| 5009000 | 934827 |
|  | Paradise <br> Entertainment Ltd.<br>| 588000 | 58270 |
|  | PAX Global <br> Technology Ltd.<br>| 3205000 | 2195789 |
|  | PC Partner Group <br> Ltd.<br>| 1364000 | 1091416 |
|  | PCCW Ltd. | 15544545 | 11104547 |
| #\*†† | Peace Mark Holdings <br> Ltd.<br>| 2479870 | 0 |
| # | Perfect Medical Health <br> Management Ltd.<br>| 1972000 | 350182 |
|  | Pico Far East <br> Holdings Ltd.<br>| 4100000 | 1383715 |
|  | Playmates Holdings <br> Ltd.<br>| 6446000 | 439708 |
| # | Plover Bay <br> Technologies Ltd.<br>| 1690000 | 1394075 |
| \* | Public Financial <br> Holdings Ltd.<br>| 1696000 | 279770 |
| \*†† | Pyxis Group Ltd. | 1936000 | 0 |

---

902

------

**The Asia Pacific Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
| #Ω | Regina Miracle <br> International <br> Holdings Ltd.<br>| 1105000 | $289646 |
| # | Sa Sa International <br> Holdings Ltd.<br>| 1908000 | 152248 |
|  | Safety Godown Co. <br> Ltd.<br>| 1200000 | 309067 |
| Ω | Samsonite Group SA | 5441100 | 11377666 |
|  | SAS Dragon Holdings <br> Ltd.<br>| 854368 | 513807 |
| # | SEA Holdings Ltd. | 1657523 | 274584 |
| # | Shangri-La Asia Ltd. | 5314000 | 3316220 |
| \* | Shenwan Hongyuan <br> HK Ltd.<br>| 1875000 | 397320 |
| \* | Shun Tak Holdings <br> Ltd.<br>| 4729419 | 444860 |
|  | Singamas Container <br> Holdings Ltd.<br>| 8058000 | 672975 |
| \* | Sinohope Technology <br> Holdings Ltd.<br>| 547500 | 320424 |
| #\* | SJM Holdings Ltd. | 14597750 | 5312500 |
| \* | Smart Digital <br> Technology Group <br> Ltd.<br>| 80000 | 25740 |
| \* | Smart Fish Wealthlink <br> Holdings Ltd.<br>| 743400 | 41053 |
|  | SmarTone <br> Telecommunications <br> Holdings Ltd.<br>| 1338981 | 831750 |
| \* | Solomon Systech <br> International Ltd.<br>| 8904000 | 571822 |
| \* | Soundwill Holdings <br> Ltd.<br>| 408286 | 316588 |
| \* | South China Holdings <br> Co. Ltd.<br>| 638503 | 2821 |
| \* | Starcoin Group Ltd. | 1630000 | 50977 |
|  | Stella International <br> Holdings Ltd.<br>| 2970000 | 6314173 |
|  | Sun Hung Kai & Co. <br> Ltd.<br>| 3078327 | 1528886 |
| # | SUNeVision Holdings <br> Ltd.<br>| 3696000 | 2870823 |
|  | TAI Cheung Holdings <br> Ltd.<br>| 1557000 | 637775 |
|  | Tai Sang Land <br> Development Ltd.<br>| 696910 | 204231 |
|  | Tan Chong <br> International Ltd.<br>| 1176000 | 239456 |
| \* | Taung Gold <br> International Ltd.<br>| 3757000 | 318221 |
| \* | Television Broadcasts <br> Ltd.<br>| 646100 | 275819 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) | HONG KONG — (Continued) |
|  | Texhong International <br> Group Ltd.<br>| 848000 | $497518 |
|  | Texwinca Holdings <br> Ltd.<br>| 2464000 | 247487 |
|  | Tian Teck Land Ltd. | 1024000 | 265571 |
|  | Town Health <br> International <br> Medical Group Ltd.<br>| 8928115 | 315727 |
|  | Tradelink Electronic <br> Commerce Ltd.<br>| 2870000 | 376692 |
| # | Transport International <br> Holdings Ltd.<br>| 1159529 | 1596451 |
| # | Truly International <br> Holdings Ltd.<br>| 402000 | 58922 |
| # | United Laboratories <br> International <br> Holdings Ltd.<br>| 5474000 | 8862636 |
| \* | Unity Group Holdings <br> International Ltd.<br>| 2882000 | 146567 |
| \* | Universal <br> Technologies <br> Holdings Ltd.<br>| 1730000 | 23863 |
| \*†† | Untrade.Genting | 5824000 | 0 |
|  | Value Partners Group <br> Ltd.<br>| 5416000 | 1712126 |
|  | Vedan International <br> Holdings Ltd.<br>| 3576000 | 311867 |
|  | Vitasoy International <br> Holdings Ltd.<br>| 2107000 | 2060699 |
| \* | Viva Goods Co. Ltd. | 2624000 | 199215 |
| #\* | Vobile Group Ltd. | 4381000 | 2920360 |
| # | VSTECS Holdings <br> Ltd.<br>| 4029600 | 4989243 |
|  | VTech Holdings Ltd. | 846200 | 6901350 |
| \* | Wang On Group Ltd. | 17860000 | 66560 |
|  | Wing On Co. <br> International Ltd.<br>| 490000 | 835639 |
|  | Wing Tai Properties <br> Ltd.<br>| 1405331 | 302420 |
|  | Wynn Macau Ltd. | 8216000 | 6986111 |
| # | Xinyi Glass Holdings <br> Ltd.<br>| 9571885 | 11194595 |
|  | Yee Hop Holdings <br> Ltd.<br>| 421000 | 179196 |
|  | YesAsia Holdings Ltd. | 337000 | 216739 |
| # | Yue Yuen Industrial <br> Holdings Ltd.<br>| 3271500 | 5999834 |
| #\* | Yunfeng Financial <br> Group Ltd.<br>| 1012000 | 545214 |
| TOTAL HONG KONG | TOTAL HONG KONG |  | 320291388 |

---

903

------

**The Asia Pacific Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NEW ZEALAND — (2.6%) | NEW ZEALAND — (2.6%) | NEW ZEALAND — (2.6%) | NEW ZEALAND — (2.6%) |
|  | AFT Pharmaceuticals <br> Ltd.<br>| 34226 | $60264 |
|  | Air New Zealand Ltd. | 6092606 | 2074446 |
| # | Briscoe Group Ltd. | 38420 | 118739 |
| # | Channel Infrastructure <br> NZ Ltd.<br>| 1428682 | 2191258 |
|  | Colonial Motor Co. <br> Ltd.<br>| 70115 | 321339 |
|  | Delegat Group Ltd. | 6400 | 15184 |
| \* | Eroad Ltd. | 39322 | 43833 |
| \* | Fletcher Building Ltd. <br> (FBU NZ)<br>| 991233 | 1847787 |
|  | Freightways Group <br> Ltd.<br>| 612546 | 5154339 |
|  | Genesis Energy Ltd. | 1347947 | 1935849 |
| \* | Gentrack Group Ltd. | 152301 | 797094 |
| # | Hallenstein Glasson <br> Holdings Ltd.<br>| 194394 | 1095825 |
| # | Heartland Group <br> Holdings Ltd.<br>| 3061313 | 1899320 |
|  | Investore Property <br> Ltd.<br>| 1088095 | 782860 |
| \* | KMD Brands Ltd. | 1577776 | 257209 |
| # | Napier Port Holdings <br> Ltd.<br>| 67011 | 132213 |
| # | NZME Ltd. (NZM AU) | 513703 | 343578 |
| # | NZME Ltd. (NZM NZ) | 62826 | 41839 |
| # | NZX Ltd. | 1241430 | 1093608 |
| \* | Oceania Healthcare <br> Ltd.<br>| 2377749 | 1074223 |
| #\* | Pacific Edge Ltd. | 279464 | 30090 |
| # | PGG Wrightson Ltd. | 122938 | 160450 |
| \* | Rakon Ltd. | 130325 | 59626 |
|  | Restaurant Brands <br> New Zealand Ltd.<br>| 82876 | 239000 |
| \*†† | RPNZ Ltd. | 274180 | 0 |
| \* | Ryman Healthcare <br> Ltd.<br>| 2209511 | 3618272 |
|  | Sanford Ltd. | 153463 | 540331 |
|  | Scales Corp. Ltd. | 487109 | 1699625 |
| # | Scott Technology Ltd. | 56917 | 100299 |
| #\* | Serko Ltd. | 214319 | 333634 |
|  | Skellerup Holdings <br> Ltd.<br>| 704383 | 2212818 |
|  | SKY Network <br> Television Ltd.<br>| 463769 | 955706 |
| #\* | SKYCITY <br> Entertainment <br> Group Ltd.<br>| 3512768 | 1465676 |
| #\* | Steel & Tube Holdings <br> Ltd.<br>| 326363 | 132549 |
|  | Summerset Group <br> Holdings Ltd.<br>| 984584 | 6530139 |
| # | Tourism Holdings Ltd. | 558453 | 809245 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) | NEW ZEALAND — (Continued) |
| # | TOWER Ltd. | 937247 | $991310 |
| # | Turners Automotive <br> Group Ltd.<br>| 136342 | 570525 |
| #\* | Vista Group <br> International Ltd.<br>| 748149 | 1134045 |
| #\* | Warehouse Group <br> Ltd.<br>| 160610 | 73971 |
| TOTAL NEW ZEALAND | TOTAL NEW ZEALAND |  | 42938118 |
| SINGAPORE — (12.3%) | SINGAPORE — (12.3%) | SINGAPORE — (12.3%) | SINGAPORE — (12.3%) |
| \*†† | Abterra Ltd. | 230320 | 0 |
| #\* | AEM Holdings Ltd. | 1372974 | 1998536 |
| # | Aztech Global Ltd. | 1143800 | 593473 |
| # | Banyan Tree Holdings <br> Ltd.<br>| 933200 | 451271 |
|  | Bonvests Holdings <br> Ltd.<br>| 950000 | 720272 |
|  | Boustead Singapore <br> Ltd.<br>| 1400269 | 1922812 |
|  | BRC Asia Ltd. | 96200 | 311577 |
| # | Bukit Sembawang <br> Estates Ltd.<br>| 608203 | 1958001 |
|  | Bund Center <br> Investment Ltd.<br>| 659825 | 212951 |
|  | Capitaland India Trust | 5085421 | 4725132 |
|  | Centurion Corp. Ltd. | 1374900 | 1497454 |
| # | China Aviation Oil <br> Singapore Corp. <br> Ltd.<br>| 1402999 | 1637608 |
| # | China Sunsine <br> Chemical Holdings <br> Ltd.<br>| 1589700 | 896979 |
|  | Chuan Hup Holdings <br> Ltd.<br>| 1861300 | 313778 |
|  | City Developments <br> Ltd.<br>| 1872600 | 10401276 |
|  | ComfortDelGro Corp. <br> Ltd.<br>| 10768000 | 12073835 |
| #\* | COSCO Shipping <br> International <br> Singapore Co. Ltd.<br>| 6431200 | 597357 |
| \* | Creative Technology <br> Ltd.<br>| 38200 | 17295 |
| # | CSE Global Ltd. | 2672066 | 1732084 |
| # | Delfi Ltd. | 1270200 | 790306 |
|  | DFI Retail Group <br> Holdings Ltd.<br>| 1158300 | 4063933 |
| #\*†† | Ezion Holdings Ltd. | 9845878 | 0 |
| #\*†† | Ezra Holdings Ltd. | 6266171 | 0 |
|  | Far East Orchard Ltd. | 838695 | 798557 |
|  | First Resources Ltd. | 2879900 | 4338500 |
|  | First Sponsor Group <br> Ltd.<br>| 484727 | 385284 |

---

904

------

**The Asia Pacific Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
| # | Food Empire Holdings <br> Ltd.<br>| 885100 | $1603794 |
| # | Fraser & Neave Ltd. | 446100 | 510294 |
|  | Frasers Property Ltd. | 114800 | 92519 |
| # | Frencken Group Ltd. | 1732400 | 2192247 |
| #\* | Fu Yu Corp. Ltd. | 3048000 | 245987 |
| \* | Gallant Venture Ltd. | 4716600 | 271741 |
|  | Geo Energy <br> Resources Ltd.<br>| 3561700 | 1325163 |
|  | Golden <br> Agri-Resources <br> Ltd.<br>| 27895400 | 6001069 |
|  | GuocoLand Ltd. | 909114 | 1514978 |
|  | Haw Par Corp. Ltd. | 494100 | 5617797 |
|  | Hiap Hoe Ltd. | 498000 | 204283 |
|  | Ho Bee Land Ltd. | 670700 | 1159008 |
| # | Hong Fok Corp. Ltd. | 1433994 | 847990 |
|  | Hong Leong Asia Ltd. | 999800 | 1849738 |
|  | Hong Leong Finance <br> Ltd.<br>| 1103300 | 2212061 |
|  | Hotel Grand Central <br> Ltd.<br>| 659454 | 354514 |
| # | Hour Glass Ltd. | 802632 | 1294774 |
| # | HRnetgroup Ltd. | 678400 | 385419 |
|  | Hutchison Port <br> Holdings Trust<br>| 21128600 | 4438971 |
| #\*†† | Hyflux Ltd. | 3238900 | 0 |
|  | iFAST Corp. Ltd. | 783800 | 5830072 |
|  | Indofood Agri <br> Resources Ltd.<br>| 408800 | 116032 |
|  | InnoTek Ltd. | 336600 | 181070 |
|  | ISDN Holdings Ltd. | 734702 | 240064 |
| #\*†† | Jurong Technologies <br> Industrial Corp. Ltd.<br>| 2227680 | 0 |
|  | Keppel Infrastructure <br> Trust<br>| 19278587 | 6813298 |
|  | KSH Holdings Ltd. | 60400 | 18784 |
|  | LHN Ltd. | 304100 | 190581 |
| # | Low Keng Huat <br> Singapore Ltd.<br>| 939200 | 497155 |
| # | Mandarin Oriental <br> International Ltd.<br>| 1042100 | 3414601 |
| # | Marco Polo Marine <br> Ltd.<br>| 9859000 | 796151 |
| \* | Mermaid Maritime <br> PCL<br>| 620200 | 59606 |
| # | Metro Holdings Ltd. | 1750192 | 725882 |
|  | Mewah International, <br> Inc.<br>| 89000 | 20561 |
| # | Micro-Mechanics <br> Holdings Ltd.<br>| 114700 | 156721 |
| #\*†† | Midas Holdings Ltd. | 8576553 | 0 |
| # | Nanofilm Technologies <br> International Ltd.<br>| 588100 | 313524 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | Netlink NBN Trust | 9918800 | $7466991 |
| \* | Oceanus Group Ltd. | 4959300 | 18921 |
|  | OKP Holdings Ltd. | 162500 | 120853 |
| # | Olam Group Ltd. | 2555900 | 1925885 |
|  | OUE Ltd. | 1033400 | 1016568 |
| \* | Oxley Holdings Ltd. | 2438541 | 185122 |
|  | Pacific Century <br> Regional <br> Developments Ltd.<br>| 179000 | 61199 |
| # | Pan-United Corp. Ltd. | 1058950 | 910382 |
| # | Propnex Ltd. | 688800 | 1185656 |
| # | Q&M Dental Group <br> Singapore Ltd.<br>| 1422860 | 584520 |
|  | QAF Ltd. | 783880 | 539273 |
|  | Raffles Medical Group <br> Ltd.<br>| 4093032 | 3114462 |
| #\* | Rex International <br> Holding Ltd.<br>| 3816300 | 490583 |
| # | Riverstone Holdings <br> Ltd.<br>| 2710800 | 1874011 |
| # | Samudera Shipping <br> Line Ltd.<br>| 1181800 | 880414 |
|  | SATS Ltd. | 2468600 | 6483024 |
|  | SBS Transit Ltd. | 328700 | 804936 |
|  | Seatrium Ltd. | 9419800 | 15714457 |
|  | Sheng Siong Group <br> Ltd.<br>| 3526400 | 6283166 |
|  | SIA Engineering Co. <br> Ltd.<br>| 1322800 | 3588406 |
|  | Sing Holdings Ltd. | 918900 | 331875 |
| # | Sing Investments & <br> Finance Ltd.<br>| 543612 | 667914 |
|  | Singapore Land <br> Group Ltd.<br>| 283669 | 671332 |
| # | Singapore Post Ltd. | 5920500 | 1912695 |
|  | Singapore Shipping <br> Corp. Ltd.<br>| 1642504 | 378199 |
|  | Stamford Land Corp. <br> Ltd.<br>| 2153518 | 827571 |
|  | StarHub Ltd. | 2866100 | 2553342 |
|  | Straco Corp. Ltd. | 130000 | 39474 |
| # | Straits Trading Co. <br> Ltd.<br>| 647294 | 835502 |
| \*†† | Swiber Holdings Ltd. | 2895250 | 0 |
| #\* | Thomson Medical <br> Group Ltd.<br>| 4287000 | 194107 |
|  | Tiong Woon Corp. <br> Holding Ltd.<br>| 62100 | 38660 |
| # | Tuan Sing Holdings <br> Ltd.<br>| 2515118 | 667445 |
|  | UMS Integration Ltd. | 3118168 | 3541143 |
|  | United Overseas <br> Insurance Ltd.<br>| 18450 | 110715 |

---

905

------

**The Asia Pacific Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) | SINGAPORE — (Continued) |
|  | UOB-Kay Hian <br> Holdings Ltd.<br>| 1901971 | $3575670 |
|  | UOL Group Ltd. | 1722000 | 10520061 |
|  | Valuetronics Holdings <br> Ltd.<br>| 1585350 | 1040823 |
|  | Venture Corp. Ltd. | 1291900 | 14784234 |
|  | Vicom Ltd. | 507300 | 619514 |
| # | Wee Hur Holdings <br> Ltd.<br>| 2502900 | 1389594 |
|  | Wing Tai Holdings <br> Ltd.<br>| 1408167 | 1547809 |
| # | Yeo Hiap Seng Ltd. | 41159 | 19155 |
| TOTAL SINGAPORE | TOTAL SINGAPORE |  | 203450383 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 1623674097 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) | AUSTRALIA — (0.0%) |
| \* | Black Cat Syndicate <br> Ltd. Warrants <br> 11/14/2025<br>| 4879 | 2753 |
| \* | Cash Converters <br> International Ltd. <br> Rights 11/17/2025<br>| 197319 | 0 |
| \* | Galan Lithium Ltd. <br> Warrants<br>| 130619 | 0 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) | AUSTRALIA — (Continued) |
| \* | Silver Mines Ltd. <br> Warrants 06/17/26<br>| 210409 | $6938 |
| \*†† | Wiluna Mining Corp. <br> Ltd. Warrants<br>| 248265 | 6173 |
| TOTAL AUSTRALIA | TOTAL AUSTRALIA |  | 15864 |
| HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) |
| \* | APAC Resources Ltd. <br> Warrants <br> 12/15/2027<br>| 527457 | 61770 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 77634 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $1,286,615,288) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $1,286,615,288) |  | 1623751731 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | **Value†** |
| SECURITIES LENDING COLLATERAL — (1.9%) | SECURITIES LENDING COLLATERAL — (1.9%) | SECURITIES LENDING COLLATERAL — (1.9%) | SECURITIES LENDING COLLATERAL — (1.9%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 2646099 | 30607431 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $1,317,222,719) | (Cost $1,317,222,719) |  | $1654359162 |

---

As of October 31, 2025, the value of Rule 144A securities amounted to $27,828,042 or 1.7% of net assets.

Summary of the Series' investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Australia | &nbsp;&nbsp; — | &nbsp;&nbsp; $1056793114 | &nbsp;&nbsp; $71752 | &nbsp;&nbsp; $1056864866 |
| China | &nbsp;&nbsp; — | &nbsp;&nbsp; 129342 | &nbsp;&nbsp; — | &nbsp;&nbsp; 129342 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 320067318 | &nbsp;&nbsp; 224070 | &nbsp;&nbsp; 320291388 |
| New Zealand | &nbsp;&nbsp; — | &nbsp;&nbsp; 42938118 | &nbsp;&nbsp; — | &nbsp;&nbsp; 42938118 |
| Singapore | &nbsp;&nbsp; — | &nbsp;&nbsp; 203450383 | &nbsp;&nbsp; — | &nbsp;&nbsp; 203450383 |
| Rights/Warrants |  |  |  |  |
| Australia | &nbsp;&nbsp; — | &nbsp;&nbsp; 9691 | &nbsp;&nbsp; 6173 | &nbsp;&nbsp; 15864 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 61770 | &nbsp;&nbsp; — | &nbsp;&nbsp; 61770 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 30607431 | &nbsp;&nbsp; — | &nbsp;&nbsp; 30607431 |
| Total Investments in Securities | &nbsp;&nbsp; — | &nbsp;&nbsp; $1654057167 | &nbsp;&nbsp; $301,995˂˃ | &nbsp;&nbsp; $1654359162 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

906

------

**The Asia Pacific Small Company Series**

**CONTINUED**

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

907

------

**The United Kingdom Small Company Series**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (98.6%) | COMMON STOCKS — (98.6%) | COMMON STOCKS — (98.6%) | COMMON STOCKS — (98.6%) |
| COMMUNICATION SERVICES — (3.9%) | COMMUNICATION SERVICES — (3.9%) | COMMUNICATION SERVICES — (3.9%) | COMMUNICATION SERVICES — (3.9%) |
|  | 4imprint Group PLC | 164812 | $7217562 |
|  | Bloomsbury Publishing <br> PLC<br>| 488835 | 3207528 |
| \* | Canal & SA | 323445 | 1017842 |
|  | Centaur Media PLC | 138516 | 80080 |
| \* | Frontier Developments <br> PLC<br>| 7420 | 50848 |
|  | Future PLC | 349476 | 2817959 |
| \* | Gaming Realms PLC | 259618 | 140410 |
|  | Gamma <br> Communications <br> PLC<br>| 371019 | 4843795 |
| \* | Helios Towers PLC | 3166518 | 6227047 |
|  | ITV PLC | 17180470 | 15726241 |
|  | M&C Saatchi PLC | 4260 | 7623 |
|  | MONY Group PLC | 2887765 | 7364605 |
|  | Next 15 Group PLC | 149977 | 814707 |
|  | Reach PLC | 1590842 | 1235130 |
|  | Rightmove PLC | 1362402 | 11962507 |
| # | S4 Capital PLC | 237273 | 73586 |
| #\* | Team Internet Group <br> PLC<br>| 390482 | 233268 |
| \*Ω | Trustpilot Group PLC | 602746 | 1629456 |
|  | WPP PLC (WPP LN) | 629649 | 2379235 |
| # | WPP PLC (WPP US), <br> Sponsored ADR<br>| 4844 | 91891 |
|  | YouGov PLC | 225846 | 776520 |
| TOTAL COMMUNICATION <br> SERVICES | TOTAL COMMUNICATION <br> SERVICES |  | 67897840 |
| CONSUMER DISCRETIONARY — (23.8%) | CONSUMER DISCRETIONARY — (23.8%) | CONSUMER DISCRETIONARY — (23.8%) | CONSUMER DISCRETIONARY — (23.8%) |
| \* | AO World PLC | 534298 | 747217 |
| #\* | ASOS PLC | 17408 | 58258 |
| #\*Ω | Aston Martin Lagonda <br> Global Holdings <br> PLC<br>| 714333 | 591401 |
| \* | Auction Technology <br> Group PLC<br>| 225034 | 913874 |
|  | B&M European Value <br> Retail SA<br>| 2973749 | 7021633 |
|  | Barratt Redrow PLC | 3943779 | 19515704 |
|  | Bellway PLC | 621599 | 21453235 |
|  | Berkeley Group <br> Holdings PLC<br>| 462974 | 24525892 |
| #\* | boohoo Group PLC | 1509218 | 237901 |
| \* | Burberry Group PLC | 943589 | 15359423 |
|  | Card Factory PLC | 1411716 | 1918563 |
|  | Coats Group PLC | 7571796 | 8137008 |
|  | Crest Nicholson <br> Holdings PLC<br>| 1264206 | 2748553 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Currys PLC | 5461826 | $10081470 |
| \* | DFS Furniture PLC | 1173532 | 2456805 |
|  | Domino's Pizza Group <br> PLC<br>| 2930614 | 7494833 |
|  | Dowlais Group PLC | 6027958 | 6548627 |
|  | Dr. Martens PLC | 1923650 | 2300986 |
|  | Dunelm Group PLC | 732209 | 10753738 |
| \* | Evoke PLC | 20108 | 11380 |
| \* | Frasers Group PLC | 826342 | 7932755 |
|  | Fuller Smith & Turner <br> PLC, Class A<br>| 163787 | 1325979 |
|  | Games Workshop <br> Group PLC<br>| 167256 | 35024773 |
|  | Greggs PLC | 585443 | 12408636 |
| \*Ω | Gym Group PLC | 814968 | 1489679 |
|  | Halfords Group PLC | 1104212 | 2169259 |
| \* | Headlam Group PLC | 392703 | 265000 |
|  | Henry Boot PLC | 519628 | 1511226 |
|  | Hollywood Bowl Group <br> PLC<br>| 781790 | 2769802 |
| Ω | Hostelworld Group <br> PLC<br>| 71032 | 118600 |
|  | Inchcape PLC | 2097728 | 21050383 |
|  | J D Wetherspoon PLC | 573741 | 4867499 |
|  | JD Sports Fashion <br> PLC<br>| 7783016 | 9537190 |
|  | Kingfisher PLC | 6266059 | 25412504 |
| \* | Marston's PLC | 3065176 | 1845072 |
|  | Me Group International <br> PLC<br>| 1618258 | 4005332 |
| \* | Mitchells & Butlers <br> PLC<br>| 1505456 | 4814180 |
|  | MJ Gleeson PLC | 259734 | 1259447 |
|  | Moonpig Group PLC | 1414723 | 3987197 |
| Ω | On the Beach Group <br> PLC<br>| 574087 | 1603657 |
|  | Persimmon PLC | 1615712 | 25678690 |
|  | Pets at Home Group <br> PLC<br>| 2756736 | 7765509 |
|  | Playtech PLC | 1232321 | 4265138 |
| # | PPHE Hotel Group <br> Ltd.<br>| 40393 | 759492 |
|  | Rank Group PLC | 858851 | 1339102 |
|  | Smiths News PLC | 317784 | 254613 |
|  | SSP Group PLC | 4302391 | 8695191 |
| \*†† | Studio Retail Group <br> PLC<br>| 220669 | 0 |
|  | Taylor Wimpey PLC | 18670044 | 25825158 |
| #\* | THG PLC | 2922420 | 1786091 |
|  | Topps Tiles PLC | 394944 | 178871 |
| \*Ω | Trainline PLC | 1076105 | 3552248 |
|  | Vertu Motors PLC | 1572903 | 1294869 |

---

908

------

**The United Kingdom Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) | CONSUMER DISCRETIONARY — (Continued) |
|  | Victorian Plumbing <br> Group PLC<br>| 25510 | $25483 |
| \* | Videndum PLC | 310061 | 163239 |
| \* | Vistry Group PLC | 1576816 | 13356665 |
| \*Ω | Watches of Switzerland <br> Group PLC<br>| 662223 | 3418111 |
|  | WH Smith PLC | 615814 | 5470285 |
|  | Whitbread PLC | 499829 | 19028595 |
|  | Wickes Group PLC | 1469747 | 4276272 |
|  | Young & Co.'s Brewery <br> PLC (YNGA LN), <br> Class A<br>| 87143 | 881352 |
|  | Young & Co.'s Brewery <br> PLC (YNGN LN)<br>| 4589 | 37133 |
| TOTAL CONSUMER <br> DISCRETIONARY | TOTAL CONSUMER <br> DISCRETIONARY |  | 414326778 |
| CONSUMER STAPLES — (4.3%) | CONSUMER STAPLES — (4.3%) | CONSUMER STAPLES — (4.3%) | CONSUMER STAPLES — (4.3%) |
|  | AG Barr PLC | 515029 | 4526948 |
|  | Anglo-Eastern <br> Plantations PLC<br>| 126037 | 2318450 |
| Ω | Bakkavor Group PLC | 829558 | 2417766 |
|  | C&C Group PLC | 1935088 | 3476658 |
|  | Cranswick PLC | 354250 | 22981865 |
| # | Fevara PLC | 141570 | 224994 |
|  | Greencore Group PLC | 2447152 | 7665886 |
|  | Hilton Food Group <br> PLC<br>| 366500 | 3099293 |
| # | Kitwave Group PLC | 126364 | 356689 |
|  | McBride PLC | 864569 | 1332502 |
|  | MP Evans Group PLC | 15270 | 270883 |
|  | Nichols PLC | 6023 | 81902 |
| \* | Ocado Group PLC | 1844776 | 5313033 |
|  | Premier Foods PLC | 4396319 | 10544791 |
|  | PZ Cussons PLC | 842785 | 820122 |
|  | Tate & Lyle PLC | 2010537 | 10207168 |
| TOTAL CONSUMER <br> STAPLES | TOTAL CONSUMER <br> STAPLES |  | 75638950 |
| ENERGY — (1.9%) | ENERGY — (1.9%) | ENERGY — (1.9%) | ENERGY — (1.9%) |
| \* | Afentra PLC | 315115 | 188392 |
| \* | Capricorn Energy PLC | 394740 | 1036947 |
| # | Diversified Energy Co. <br> PLC (DEC LN)<br>| 193263 | 2438908 |
|  | Diversified Energy Co. <br> PLC (DEC US)<br>| 5324 | 67349 |
| # | Energean PLC | 682614 | 8651220 |
|  | EnQuest PLC | 11059965 | 1768019 |
| \* | Genel Energy PLC | 833082 | 703091 |
|  | Gulf Keystone <br> Petroleum Ltd.<br>| 1477716 | 3517614 |
| \* | Gulf Marine Services <br> PLC<br>| 363413 | 80289 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
|  | Harbour Energy PLC | 1864998 | $5520378 |
|  | Hargreaves Services <br> PLC<br>| 6046 | 52138 |
|  | Hunting PLC | 812125 | 3647052 |
|  | Ithaca Energy PLC | 549122 | 1572878 |
| \* | John Wood Group <br> PLC<br>| 2947172 | 713941 |
| #\* | Pantheon Resources <br> PLC<br>| 2780230 | 1022274 |
|  | Pharos Energy PLC | 1305299 | 353438 |
| \* | Savannah Energy <br> PLC<br>| 388799 | 35618 |
|  | Serica Energy PLC | 899604 | 2571155 |
| #\* | Tullow Oil PLC | 1314538 | 169679 |
| TOTAL ENERGY | TOTAL ENERGY |  | 34110380 |
| FINANCIALS — (21.7%) | FINANCIALS — (21.7%) | FINANCIALS — (21.7%) | FINANCIALS — (21.7%) |
|  | Aberdeen Group PLC | 9506777 | 25354894 |
|  | AJ Bell PLC | 1489249 | 10513780 |
|  | Ashmore Group PLC | 2179920 | 5381816 |
|  | Beazley PLC | 1927165 | 23576532 |
| Ω | Bridgepoint Group <br> PLC<br>| 155129 | 614381 |
|  | Brooks Macdonald <br> Group PLC<br>| 1612 | 36947 |
|  | Burford Capital Ltd. | 877602 | 8621342 |
|  | Chesnara PLC | 1271179 | 4593416 |
| \* | Close Brothers Group <br> PLC<br>| 961440 | 5303431 |
| Ω | CMC Markets PLC | 653661 | 1849403 |
|  | Conduit Holdings Ltd. | 149895 | 667595 |
|  | Foresight Group <br> Holdings Ltd.<br>| 193219 | 1158338 |
| \*Ω | Funding Circle <br> Holdings PLC<br>| 192002 | 333804 |
| \* | Georgia Capital PLC | 102534 | 3489277 |
|  | Hiscox Ltd. | 1597711 | 28883845 |
|  | ICG PLC | 50094 | 1272581 |
|  | IG Group Holdings <br> PLC<br>| 1821587 | 26663607 |
|  | Impax Asset <br> Management Group <br> PLC<br>| 218614 | 548002 |
|  | IntegraFin Holdings <br> PLC<br>| 387401 | 1845015 |
|  | International Personal <br> Finance PLC<br>| 1325561 | 3561881 |
|  | Investec PLC | 805420 | 6064520 |
| \* | IP Group PLC | 4377546 | 3478860 |
|  | Jupiter Fund <br> Management PLC<br>| 1588673 | 3180176 |
|  | Just Group PLC | 6028405 | 16828762 |
|  | Lancashire Holdings <br> Ltd.<br>| 1376998 | 12091719 |

---

909

------

**The United Kingdom Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
|  | Lion Finance Group <br> PLC<br>| 258093 | $27170420 |
|  | Liontrust Asset <br> Management PLC<br>| 86087 | 351636 |
|  | London Investment <br> Group PLC<br>| 887 | 4378 |
|  | M&G PLC | 543195 | 1880631 |
|  | Man Group PLC | 7151308 | 19757707 |
| \* | Metro Bank Holdings <br> PLC<br>| 794334 | 1222460 |
|  | Mortgage Advice <br> Bureau Holdings <br> Ltd.<br>| 33264 | 304947 |
|  | Ninety One PLC | 1769286 | 5378322 |
|  | OSB Group PLC | 1826039 | 12942899 |
|  | Paragon Banking <br> Group PLC<br>| 1869236 | 20386604 |
|  | PayPoint PLC | 273468 | 2503322 |
|  | Plus500 Ltd. | 549753 | 22874919 |
|  | Polar Capital Holdings <br> PLC<br>| 429838 | 3240399 |
|  | Pollen Street Group <br> Ltd.<br>| 33545 | 390517 |
| Ω | Quilter PLC | 7537198 | 17995462 |
|  | Rathbones Group PLC | 259126 | 6073789 |
|  | S&U PLC | 34770 | 814554 |
| Ω | Sabre Insurance Group <br> PLC<br>| 544531 | 958796 |
| \* | Saga PLC | 543711 | 1903805 |
|  | Schroders PLC | 941049 | 4695950 |
|  | Secure Trust Bank <br> PLC<br>| 21050 | 269520 |
|  | St. James's Place <br> PLC<br>| 90092 | 1537153 |
|  | Tatton Asset <br> Management PLC<br>| 1575 | 15399 |
|  | TBC Bank Group PLC | 203571 | 11663013 |
|  | TP ICAP Group PLC | 4000385 | 13797187 |
| \* | Vanquis Banking <br> Group PLC<br>| 623923 | 934492 |
|  | Waterloo Investment <br> Holdings Ltd.<br>| 4000 | 1400 |
|  | XPS Pensions Group <br> PLC<br>| 576898 | 2555488 |
| TOTAL FINANCIALS | TOTAL FINANCIALS |  | 377539093 |
| HEALTH CARE — (2.9%) | HEALTH CARE — (2.9%) | HEALTH CARE — (2.9%) | HEALTH CARE — (2.9%) |
|  | Advanced Medical <br> Solutions Group <br> PLC<br>| 813162 | 2297409 |
| Ω | Convatec Group PLC | 5146765 | 16529264 |
|  | CVS Group PLC | 367262 | 5991223 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) | HEALTH CARE — (Continued) |
| \* | EKF Diagnostics <br> Holdings PLC<br>| 79384 | $27519 |
|  | Hikma <br> Pharmaceuticals <br> PLC<br>| 759798 | 18379131 |
| \* | Indivior PLC | 29972 | 880272 |
| Ω | Integrated Diagnostics <br> Holdings PLC<br>| 1220599 | 684684 |
| #\* | PureTech Health PLC <br> (PRTC LN)<br>| 528190 | 917221 |
| Ω | Spire Healthcare <br> Group PLC<br>| 1640160 | 5056761 |
| TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 50763484 |
| INDUSTRIALS — (25.1%) | INDUSTRIALS — (25.1%) | INDUSTRIALS — (25.1%) | INDUSTRIALS — (25.1%) |
| # | Ashtead Technology <br> Holdings PLC<br>| 48171 | 207329 |
|  | Babcock International <br> Group PLC<br>| 1906120 | 30438874 |
|  | Balfour Beatty PLC | 2656137 | 23475130 |
|  | Bodycote PLC | 1168905 | 9477081 |
| # | Braemar PLC | 80822 | 249973 |
| # | Brickability Group PLC | 107269 | 78998 |
| \* | Capita PLC | 178056 | 734054 |
|  | Chemring Group PLC | 987721 | 7445693 |
|  | Clarkson PLC | 215527 | 10272919 |
|  | Cohort PLC | 13463 | 237784 |
|  | Costain Group PLC | 565811 | 1141048 |
| # | DCC PLC | 263851 | 17382243 |
|  | DiscoverIE Group PLC | 484892 | 3708464 |
|  | easyJet PLC | 966101 | 6150969 |
|  | Firstgroup PLC | 3460037 | 9557853 |
|  | Galliford Try Holdings <br> PLC<br>| 673469 | 4596626 |
|  | Genuit Group PLC | 1430710 | 6956029 |
|  | Goodwin PLC | 1490 | 425231 |
|  | Grafton Group PLC, <br> CDI<br>| 1441958 | 18031081 |
|  | Hays PLC | 5594253 | 4344145 |
|  | Howden Joinery Group <br> PLC<br>| 2409358 | 27365156 |
|  | IMI PLC | 813111 | 25563373 |
| \*†† | Industrial & <br> Commercial Bank of <br> China Ltd.<br>| 5000 | 0 |
| \* | James Fisher & Sons <br> PLC<br>| 176232 | 921004 |
| # | James Halstead PLC | 335760 | 615770 |
|  | JET2 PLC | 813756 | 14210533 |
|  | Johnson Service <br> Group PLC<br>| 1636246 | 2913752 |
|  | Keller Group PLC | 521948 | 10887784 |
|  | Kier Group PLC | 1832808 | 5215163 |
| Ω | Luceco PLC | 371359 | 643595 |

---

910

------

**The United Kingdom Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Macfarlane Group <br> PLC<br>| 41210 | $37700 |
|  | Mears Group PLC | 801169 | 3734224 |
|  | Mitie Group PLC | 7919335 | 17129230 |
|  | Morgan Advanced <br> Materials PLC<br>| 1583217 | 4245733 |
|  | Morgan Sindall Group <br> PLC<br>| 292134 | 17849293 |
|  | Norcros PLC | 206703 | 814500 |
|  | Pagegroup PLC | 1666054 | 5171367 |
|  | Porvair PLC | 14560 | 146702 |
|  | QinetiQ Group PLC | 3125466 | 19736313 |
|  | Renew Holdings PLC | 218382 | 2659572 |
|  | Robert Walters PLC | 355104 | 702958 |
|  | Rotork PLC | 4165742 | 18753563 |
|  | RS Group PLC | 2358995 | 17265207 |
|  | RWS Holdings PLC | 694282 | 706197 |
|  | Senior PLC | 2191421 | 5488984 |
|  | Serco Group PLC | 5760619 | 19222993 |
|  | Severfield PLC | 1036816 | 409147 |
| \* | SIG PLC | 1802083 | 213504 |
|  | Speedy Hire PLC | 2419041 | 876113 |
|  | Spirax Group PLC | 202540 | 18891453 |
|  | SThree PLC | 649133 | 1342736 |
|  | Travis Perkins PLC | 960009 | 7937351 |
|  | Trifast PLC | 611313 | 610059 |
|  | Vesuvius PLC | 1288338 | 6357700 |
| # | Volex PLC | 750042 | 3695458 |
|  | Volution Group PLC | 1054055 | 9103277 |
|  | Vp PLC | 153784 | 1150243 |
|  | Wilmington PLC | 323980 | 1323521 |
| \* | XP Power Ltd. | 59144 | 785488 |
|  | Zigup PLC | 1528686 | 6964168 |
| TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 436572408 |
| INFORMATION TECHNOLOGY — (3.6%) | INFORMATION TECHNOLOGY — (3.6%) | INFORMATION TECHNOLOGY — (3.6%) | INFORMATION TECHNOLOGY — (3.6%) |
| \* | Accesso Technology <br> Group PLC<br>| 45591 | 212437 |
| Ω | Alfa Financial Software <br> Holdings PLC<br>| 204932 | 610447 |
|  | Bytes Technology <br> Group PLC (BYIT <br> LN)<br>| 1230937 | 5998971 |
|  | Computacenter PLC | 464553 | 17505668 |
|  | dotdigital group PLC | 388565 | 347504 |
|  | FDM Group Holdings <br> PLC<br>| 102988 | 162749 |
|  | GB Group PLC | 1089612 | 3372865 |
|  | Gooch & Housego <br> PLC<br>| 6822 | 51613 |
| # | IDOX PLC | 140149 | 129941 |
|  | iomart Group PLC | 334680 | 112101 |
| #\* | IQE PLC | 3021212 | 228168 |
|  | Kainos Group PLC | 479814 | 5953926 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
|  | NCC Group PLC | 1553643 | $3055809 |
| #\* | Pinewood <br> Technologies Group <br> PLC<br>| 405073 | 1960491 |
| \* | RM PLC | 33750 | 49158 |
|  | Softcat PLC | 677804 | 14282345 |
|  | Spectris PLC | 98679 | 5323477 |
| \* | Strix Group PLC | 247902 | 108751 |
|  | TT Electronics PLC | 804382 | 1631115 |
| \* | Xaar PLC | 546489 | 909812 |
| TOTAL INFORMATION <br> TECHNOLOGY | TOTAL INFORMATION <br> TECHNOLOGY |  | 62007348 |
| MATERIALS — (6.9%) | MATERIALS — (6.9%) | MATERIALS — (6.9%) | MATERIALS — (6.9%) |
| \* | Accsys Technologies <br> PLC<br>| 9505 | 7615 |
|  | Atalaya Mining Copper <br> SA<br>| 188192 | 1692649 |
|  | Breedon Group PLC | 994262 | 4500744 |
|  | Capital Ltd. | 59308 | 93484 |
|  | Castings PLC | 172431 | 551829 |
|  | Central Asia Metals <br> PLC<br>| 897873 | 1877844 |
|  | Croda International <br> PLC<br>| 329146 | 12494731 |
|  | Ecora Resources PLC | 941386 | 1187825 |
|  | Elementis PLC | 3767572 | 8143873 |
|  | Essentra PLC | 390710 | 499699 |
| Ω | Forterra PLC | 1024912 | 2452622 |
|  | Hill & Smith PLC | 533904 | 15107870 |
|  | Hochschild Mining <br> PLC<br>| 2307041 | 10028657 |
| Ω | Ibstock PLC | 1726064 | 3100756 |
|  | International Paper <br> Co.<br>| 56045 | 2194590 |
|  | Johnson Matthey PLC | 895415 | 25077246 |
|  | Marshalls PLC | 872833 | 1936112 |
| # | Mondi PLC | 1324933 | 14809892 |
|  | Pan African Resources <br> PLC<br>| 8317052 | 9138630 |
|  | RHI Magnesita NV | 33620 | 927738 |
| \* | Sigmaroc PLC | 1089134 | 1653899 |
| \* | SolGold PLC | 278563 | 64345 |
| #\* | Synthomer PLC | 469934 | 331658 |
|  | Treatt PLC | 24863 | 78691 |
|  | Victrex PLC | 289194 | 2457380 |
|  | Zotefoams PLC | 120813 | 727347 |
| TOTAL MATERIALS | TOTAL MATERIALS |  | 121137726 |
| REAL ESTATE — (2.1%) | REAL ESTATE — (2.1%) | REAL ESTATE — (2.1%) | REAL ESTATE — (2.1%) |
|  | Foxtons Group PLC | 1304990 | 943170 |
|  | Grainger PLC | 4236886 | 10439092 |
|  | Harworth Group PLC | 87590 | 188727 |
|  | Helical PLC | 28412 | 77868 |

---

911

------

**The United Kingdom Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) | REAL ESTATE — (Continued) |
|  | International <br> Workplace Group <br> PLC<br>| 3940007 | $11725880 |
|  | LSL Property Services <br> PLC<br>| 315917 | 1059245 |
| \* | Phoenix Spree <br> Deutschland Ltd.<br>| 15813 | 34617 |
|  | Savills PLC | 859891 | 11394920 |
| \* | Watkin Jones PLC | 100285 | 37639 |
| TOTAL REAL ESTATE | TOTAL REAL ESTATE |  | 35901158 |
| UTILITIES — (2.4%) | UTILITIES — (2.4%) | UTILITIES — (2.4%) | UTILITIES — (2.4%) |
|  | Drax Group PLC | 1809663 | 17151404 |
|  | Pennon Group PLC | 2153172 | 14674131 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) |
| Telecom Plus PLC | 409607 | $9554200 |
| TOTAL UTILITIES |  | 41379735 |
| TOTAL COMMON <br> STOCKS <br>Cost ($1374529526) |  | 1717274900 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | **Value†** |
| SECURITIES LENDING COLLATERAL — (1.4%) | SECURITIES LENDING COLLATERAL — (1.4%) | SECURITIES LENDING COLLATERAL — (1.4%) | SECURITIES LENDING COLLATERAL — (1.4%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 2054704 | 23766763 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $1,398,296,289) | (Cost $1,398,296,289) |  | $1741041663 |

---

As of October 31, 2025, the value of Rule 144A securities amounted to $65,650,893 or 3.8% of net assets.

Summary of the Series' investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Communication Services | &nbsp;&nbsp; $91891 | &nbsp;&nbsp; $67805949 | &nbsp;&nbsp; — | &nbsp;&nbsp; $67897840 |
| Consumer Discretionary | &nbsp;&nbsp; — | &nbsp;&nbsp; 414326778 | &nbsp;&nbsp; — | &nbsp;&nbsp; 414326778 |
| Consumer Staples | &nbsp;&nbsp; — | &nbsp;&nbsp; 75638950 | &nbsp;&nbsp; — | &nbsp;&nbsp; 75638950 |
| Energy | &nbsp;&nbsp; 67349 | &nbsp;&nbsp; 34043031 | &nbsp;&nbsp; — | &nbsp;&nbsp; 34110380 |
| Financials | &nbsp;&nbsp; — | &nbsp;&nbsp; 377539093 | &nbsp;&nbsp; — | &nbsp;&nbsp; 377539093 |
| Health Care | &nbsp;&nbsp; — | &nbsp;&nbsp; 50763484 | &nbsp;&nbsp; — | &nbsp;&nbsp; 50763484 |
| Industrials | &nbsp;&nbsp; — | &nbsp;&nbsp; 436572408 | &nbsp;&nbsp; — | &nbsp;&nbsp; 436572408 |
| Information Technology | &nbsp;&nbsp; — | &nbsp;&nbsp; 62007348 | &nbsp;&nbsp; — | &nbsp;&nbsp; 62007348 |
| Materials | &nbsp;&nbsp; — | &nbsp;&nbsp; 121137726 | &nbsp;&nbsp; — | &nbsp;&nbsp; 121137726 |
| Real Estate | &nbsp;&nbsp; — | &nbsp;&nbsp; 35901158 | &nbsp;&nbsp; — | &nbsp;&nbsp; 35901158 |
| Utilities | &nbsp;&nbsp; — | &nbsp;&nbsp; 41379735 | &nbsp;&nbsp; — | &nbsp;&nbsp; 41379735 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 23766763 | &nbsp;&nbsp; — | &nbsp;&nbsp; 23766763 |
| Total Investments in Securities | &nbsp;&nbsp; $159240 | &nbsp;&nbsp; $1740882423 | &nbsp;&nbsp; —˂˃ | &nbsp;&nbsp; $1741041663 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

912

------

**The Continental Small Company Series**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (94.3%) | COMMON STOCKS — (94.3%) | COMMON STOCKS — (94.3%) | COMMON STOCKS — (94.3%) |
| AUSTRIA — (3.5%) | AUSTRIA — (3.5%) | AUSTRIA — (3.5%) | AUSTRIA — (3.5%) |
|  | Agrana Beteiligungs <br> AG<br>| 66952 | $929565 |
|  | ANDRITZ AG | 311663 | 23563539 |
| \* | AT&S Austria <br> Technologie & <br> Systemtechnik AG<br>| 124452 | 4619754 |
| Ω | BAWAG Group AG | 466884 | 60336003 |
|  | CA Immobilien <br> Anlagen AG<br>| 158218 | 4397928 |
| #\* | CPI Europe AG | 143359 | 2794643 |
|  | DO & Co. AG | 41737 | 9956227 |
| \* | Eurotelesites AG | 289656 | 1616024 |
|  | EVN AG | 232002 | 6770281 |
| \* | FACC AG | 95754 | 966723 |
| \* | Immofinanz AG (IIA <br> AV)<br>| 681827 | 0 |
|  | Josef Manner & <br> Comp AG<br>| 870 | 105466 |
| \* | Kapsch TrafficCom <br> AG<br>| 21273 | 158928 |
| #\* | Lenzing AG | 77355 | 2314064 |
|  | Mayr Melnhof Karton <br> AG<br>| 53919 | 4913281 |
| # | Oberbank AG | 44385 | 3888453 |
|  | Oesterreichische <br> Post AG<br>| 137098 | 4739207 |
|  | Palfinger AG | 77895 | 2918049 |
| \* | POLYTEC Holding <br> AG<br>| 79383 | 279961 |
|  | Porr AG | 89819 | 2850625 |
| # | SBO AG | 20675 | 685423 |
| # | Semperit AG Holding | 26529 | 397604 |
|  | Strabag SE (STR <br> AV)<br>| 16176 | 1265533 |
|  | Telekom Austria AG | 1067703 | 11354852 |
| #\* | UBM Development <br> AG<br>| 10928 | 302268 |
|  | UNIQA Insurance <br> Group AG<br>| 776594 | 11409230 |
|  | Vienna Insurance <br> Group AG Wiener <br> Versicherung <br> Gruppe<br>| 272951 | 14000190 |
|  | voestalpine AG | 535844 | 19079264 |
|  | Wienerberger AG | 546582 | 16225090 |
|  | Zumtobel Group AG | 106877 | 459987 |
| TOTAL AUSTRIA | TOTAL AUSTRIA |  | 213298162 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BELGIUM — (3.5%) | BELGIUM — (3.5%) | BELGIUM — (3.5%) | BELGIUM — (3.5%) |
|  | Ackermans & van <br> Haaren NV<br>| 151997 | $37854488 |
|  | Ageas SA | 133186 | 8814194 |
| \* | AGFA-Gevaert NV | 392238 | 375405 |
| \* | Atenor | 95850 | 305839 |
| # | Azelis Group NV | 387731 | 4584800 |
|  | Barco NV | 389825 | 5559629 |
|  | Bekaert SA | 218463 | 9125808 |
| #\*††Ω | Biocartis Group NV | 357370 | 0 |
| #\* | bpost SA | 223303 | 541779 |
|  | Cie <br> d'Entreprises CFE<br>| 49898 | 515065 |
|  | Colruyt Group NV | 227216 | 8485611 |
|  | Deceuninck NV | 428512 | 1019944 |
|  | Deme Group NV | 48006 | 7253068 |
| # | D'ieteren Group | 22080 | 4033414 |
|  | Econocom Group SA <br> NV<br>| 509837 | 1005018 |
|  | Elia Group SA | 65051 | 7840486 |
|  | EVS Broadcast <br> Equipment SA<br>| 69289 | 2897070 |
|  | Fagron | 351158 | 8344357 |
| \* | Galapagos NV <br> (GLPG BB)<br>| 207806 | 6587009 |
| \* | Galapagos NV <br> (GLPG NA)<br>| 44496 | 1416653 |
|  | Gimv NV | 167831 | 9062563 |
| #\* | Immobel SA | 12702 | 362814 |
| # | Ion Beam <br> Applications<br>| 101113 | 1272998 |
|  | Jensen-Group NV | 20961 | 1512142 |
| # | Kinepolis Group NV | 90123 | 3090716 |
| # | Lotus Bakeries NV | 2046 | 17850641 |
| # | Melexis NV | 92514 | 6658502 |
| #\* | Ontex Group NV | 271865 | 1987327 |
| \* | Onward Medical NV | 2730 | 13483 |
|  | Proximus SADP | 239071 | 2053564 |
| # | Recticel SA | 268765 | 2647719 |
|  | Sipef NV | 38744 | 3483763 |
| # | Solvay SA | 361376 | 11091599 |
|  | Syensqo SA | 116127 | 9585853 |
| # | Tessenderlo Group <br> SA<br>| 127088 | 3838964 |
|  | Umicore SA | 694254 | 13220376 |
| # | Van de Velde NV | 32510 | 1133623 |
|  | VGP NV | 36356 | 4200068 |
|  | Viohalco SA | 498361 | 4882983 |
|  | What's Cooking BV | 3904 | 494994 |
| TOTAL BELGIUM | TOTAL BELGIUM |  | 215004329 |
| DENMARK — (6.6%) | DENMARK — (6.6%) | DENMARK — (6.6%) | DENMARK — (6.6%) |
| \* | ALK-Abello AS | 815920 | 26915914 |

---

913

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
|  | Alm Brand AS | 5389801 | $15168515 |
| # | Ambu AS, Class B | 897603 | 13961767 |
| \* | Bang & Olufsen AS | 430496 | 880083 |
| \* | Bavarian Nordic AS | 380772 | 14068894 |
| # | cBrain AS | 34364 | 800214 |
|  | Chemometec AS | 83976 | 10262749 |
| # | Columbus AS | 430344 | 643117 |
|  | D/S Norden AS | 147651 | 5901483 |
| \* | Demant AS | 143565 | 4776426 |
| \* | Dfds AS | 123426 | 1740309 |
| # | Djurslands Bank AS | 6232 | 765459 |
|  | FLSmidth & Co. AS | 224017 | 17446364 |
|  | Fluegger Group AS | 3099 | 148129 |
|  | Foroya Banki P | 10800 | 364900 |
| #\* | GN Store Nord AS | 546105 | 9562620 |
|  | GronlandsBANKEN <br> AS<br>| 1125 | 151983 |
| # | Gubra AS | 2336 | 154919 |
|  | H Lundbeck AS <br> (HLUNA DC), <br> Class A<br>| 78578 | 443745 |
|  | H Lundbeck AS <br> (HLUNB DC)<br>| 1533255 | 11182235 |
| #\* | H&H International <br> AS, Class B<br>| 79154 | 1087278 |
| # | Harboes Bryggeri AS, <br> Class B<br>| 5094 | 102115 |
|  | ISS AS | 739839 | 23318913 |
| # | Jeudan AS | 42070 | 1333029 |
|  | Jyske Bank AS | 340334 | 40001910 |
| # | Lan & Spar Bank | 4895 | 884913 |
|  | Matas AS | 243336 | 4830646 |
| #\*Ω | Netcompany Group <br> AS<br>| 205257 | 10256311 |
| \* | Nilfisk Holding AS | 66999 | 1112093 |
| \* | NKT AS | 272775 | 30534648 |
| \*Ω | NNIT AS | 69162 | 590787 |
| \* | North Media AS | 15186 | 118360 |
| #\* | NTG Nordic <br> Transport Group <br> AS<br>| 14244 | 401957 |
| # | Parken Sport & <br> Entertainment AS<br>| 9145 | 203897 |
|  | Per Aarsleff Holding <br> AS<br>| 123143 | 13983325 |
|  | Ringkjoebing <br> Landbobank AS<br>| 178454 | 40358279 |
|  | Rockwool AS, <br> Class A<br>| 24224 | 829725 |
|  | Rockwool AS, <br> Class B<br>| 259072 | 8877278 |
|  | Royal Unibrew AS | 274075 | 20714642 |
| \* | RTX AS | 44105 | 735473 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) | DENMARK — (Continued) |
| Ω | Scandinavian <br> Tobacco Group AS<br>| 281075 | $3726516 |
|  | Schouw & Co. AS | 84727 | 7789980 |
| # | Solar AS, Class B | 20756 | 658569 |
| # | SP Group AS | 10152 | 457858 |
|  | Sparekassen <br> Sjaelland-Fyn AS<br>| 8108 | 421834 |
|  | Sydbank AS | 387172 | 33053362 |
|  | TCM Group AS | 2578 | 28706 |
| # | Tivoli AS | 10004 | 914328 |
|  | TORM PLC, Class A | 196545 | 4239633 |
|  | UIE PLC | 102040 | 4960600 |
|  | Vestjysk Bank AS | 59908 | 65692 |
| \* | Zealand Pharma AS | 108096 | 8558454 |
| TOTAL DENMARK | TOTAL DENMARK |  | 400490936 |
| FINLAND — (6.1%) | FINLAND — (6.1%) | FINLAND — (6.1%) | FINLAND — (6.1%) |
|  | Aktia Bank OYJ | 329414 | 4062573 |
| # | Alandsbanken Abp, <br> Class B<br>| 23036 | 1202825 |
|  | Alma Media OYJ | 135302 | 2308989 |
|  | Anora Group OYJ | 20242 | 73399 |
|  | Apetit OYJ | 18896 | 304903 |
|  | Aspo OYJ | 114344 | 825199 |
|  | Atria OYJ | 98413 | 1555195 |
| # | Bittium OYJ | 192809 | 3780330 |
|  | Citycon OYJ | 178440 | 605878 |
|  | Digia OYJ | 87143 | 608715 |
| # | Elisa OYJ | 439170 | 19351676 |
| #Ω | Enento Group OYJ | 23905 | 425006 |
|  | Finnair OYJ | 622533 | 2044666 |
| # | Fiskars OYJ Abp | 217678 | 3282117 |
|  | F-Secure OYJ | 612189 | 1208762 |
| #\* | Glaston OYJ Abp | 4608 | 6074 |
|  | Gofore OYJ | 574 | 9361 |
| # | Harvia OYJ | 80539 | 3366007 |
|  | Hiab OYJ | 271845 | 15054845 |
|  | HKFoods OYJ | 130267 | 253752 |
|  | Huhtamaki OYJ | 521607 | 17529545 |
|  | Ilkka OYJ | 22133 | 101825 |
|  | Kalmar OYJ, <br> Class B<br>| 271845 | 11262485 |
| # | Kamux Corp. | 4423 | 9922 |
| # | Kemira OYJ | 639975 | 14085372 |
| \* | Kempower OYJ | 3147 | 54915 |
|  | Kesko OYJ <br> (KESKOA FH), <br> Class A<br>| 33013 | 705652 |
|  | Kesko OYJ <br> (KESKOB FH), <br> Class B<br>| 1098477 | 23171947 |
| #\* | Kojamo OYJ | 429359 | 5202628 |
|  | Konecranes OYJ | 433794 | 42818762 |

---

914

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) | FINLAND — (Continued) |
|  | Lassila & Tikanoja <br> OYJ<br>| 126906 | $1453674 |
| #\* | Lindex Group OYJ | 73938 | 230642 |
|  | Mandatum OYJ | 1188042 | 8520948 |
|  | Marimekko OYJ | 69882 | 1030116 |
| # | Metsa Board OYJ <br> (METSB FH), <br> Class B<br>| 944884 | 3205279 |
| # | Metso OYJ | 1766154 | 28963146 |
| # | Nokian Renkaat OYJ | 100279 | 1011238 |
|  | Olvi OYJ, Class A | 95777 | 3268582 |
| # | Oma Saastopankki <br> OYJ<br>| 18424 | 232799 |
|  | Oriola OYJ (OKDBV <br> FH), Class B<br>| 461994 | 628695 |
|  | Orion OYJ (ORNBV <br> FH), Class B<br>| 600779 | 41954171 |
|  | Outokumpu OYJ | 1521116 | 6542489 |
|  | Pihlajalinna OYJ | 86520 | 1486428 |
|  | Ponsse OYJ | 69648 | 2039373 |
|  | Puuilo OYJ | 129537 | 2121017 |
| #\* | QT Group OYJ | 78638 | 3222087 |
|  | Raisio OYJ, Class V | 643272 | 1865059 |
| \* | Rapala VMC OYJ | 14424 | 20050 |
| # | Raute OYJ, Class A | 648 | 11069 |
| # | Revenio Group OYJ | 127255 | 3551798 |
|  | Sampo OYJ, Class A | 1842074 | 20497199 |
|  | Sanoma OYJ | 455141 | 5562956 |
|  | Scanfil OYJ | 2904 | 36625 |
| # | Stora Enso OYJ, <br> Class R<br>| 1240427 | 14443720 |
|  | Taaleri PLC | 19748 | 163914 |
| # | Talenom OYJ | 386 | 1405 |
|  | Teleste OYJ | 40803 | 190550 |
| Ω | Terveystalo OYJ | 393345 | 4231572 |
| # | TietoEVRY OYJ | 469114 | 10068815 |
| # | Tokmanni Group <br> Corp.<br>| 274000 | 2708501 |
|  | Vaisala OYJ, Class A | 125505 | 6196779 |
| # | Valmet OYJ | 658694 | 21433021 |
| \* | Verkkokauppa.com <br> OYJ<br>| 13945 | 63690 |
| # | Viking Line Abp | 11073 | 276977 |
| #\* | WithSecure OYJ | 514358 | 1018514 |
| \* | YIT OYJ | 656702 | 2219768 |
| TOTAL FINLAND | TOTAL FINLAND |  | 375745991 |
| FRANCE — (11.8%) | FRANCE — (11.8%) | FRANCE — (11.8%) | FRANCE — (11.8%) |
| \* | 74Software SA | 48404 | 1996618 |
|  | ABC arbitrage | 89524 | 553115 |
|  | Aeroports de Paris <br> SA<br>| 6601 | 905532 |
| \* | Air France-KLM | 213395 | 2844806 |
|  | AKWEL SADIR | 56619 | 723991 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
| \* | Alstom SA | 1931279 | $48296609 |
| # | Altamir | 136094 | 4305180 |
|  | Alten SA | 132590 | 10919487 |
| #\*Ω | Aramis Group SAS | 10052 | 72817 |
|  | Arkema SA | 224796 | 13344490 |
| # | Assystem SA | 26502 | 1329188 |
|  | Aubay | 18514 | 1067710 |
| Ω | Ayvens SA | 297512 | 3969195 |
| \* | Bastide le Confort <br> Medical<br>| 15071 | 429055 |
| # | Beneteau SACA | 138249 | 1332583 |
|  | Boiron SA | 31919 | 1033768 |
|  | Bonduelle SCA | 62125 | 636620 |
|  | Carrefour SA | 1441065 | 21703801 |
| # | Catana Group | 25658 | 86402 |
| \* | Cegedim SA | 24604 | 323200 |
|  | Cie des Alpes | 125439 | 2877643 |
| \* | Claranova SE | 1659 | 3230 |
| \* | Clariane SE | 826883 | 3554904 |
|  | Coface SA | 734846 | 12942314 |
|  | Derichebourg SA | 647148 | 4414541 |
|  | Edenred SE | 533465 | 15334002 |
|  | Eiffage SA | 36752 | 4522324 |
|  | Electricite de <br> Strasbourg SA<br>| 21112 | 4258773 |
| \*Ω | Elior Group SA | 152452 | 492321 |
|  | Elis SA | 1130371 | 31479859 |
| \* | Emeis SA | 42016 | 693684 |
|  | Equasens | 10700 | 468371 |
| # | Eramet SA | 40848 | 2796477 |
|  | Esso SA Francaise | 6234 | 700916 |
|  | Etablissements <br> Maurel et Prom <br> SA<br>| 387272 | 2158650 |
|  | Eurazeo SE | 229679 | 15656727 |
| \* | Euroapi SA | 91045 | 336763 |
|  | Eurofins Scientific <br> SE<br>| 61975 | 4371064 |
| #\* | Eutelsat <br> Communications <br> SACA<br>| 46784 | 180996 |
|  | Exel Industries SA, <br> Class A<br>| 10459 | 414777 |
|  | Exosens SAS | 22168 | 1245294 |
|  | FDJ UNITED | 330803 | 9638640 |
| \* | Figeac Aero | 1895 | 26547 |
|  | Fnac Darty SA | 10597 | 346899 |
|  | Fnac Darty SA <br> (FNAC FP)<br>| 50782 | 1663070 |
| \* | Forvia SE (FRVIA <br> FP)<br>| 319437 | 4090573 |
| \* | Gaumont SA | 10715 | 1149318 |
|  | Gaztransport Et <br> Technigaz SA<br>| 181908 | 36023228 |
|  | GEA | 2433 | 232673 |

---

915

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
|  | Getlink SE | 27051 | $493768 |
|  | GL Events SACA | 55367 | 1768187 |
|  | Groupe Crit SA | 22324 | 1596218 |
|  | Groupe SFPI | 21754 | 44119 |
| #\* | Guerbet | 27744 | 509148 |
| # | Haulotte Group SA | 23851 | 55812 |
| \* | ID Logistics Group <br> SACA<br>| 17758 | 8065433 |
|  | Imerys SA | 166020 | 4089401 |
|  | Infotel SA | 637 | 29589 |
|  | Interparfums SA | 40749 | 1340404 |
|  | Ipsen SA | 73686 | 10355182 |
|  | IPSOS SA | 252618 | 9683203 |
|  | Jacquet Metals <br> SACA<br>| 82260 | 1660928 |
|  | JCDecaux SE | 304639 | 5542749 |
|  | Kaufman & Broad <br> SA<br>| 91469 | 3078124 |
|  | Laurent-Perrier | 14168 | 1528581 |
|  | Linedata Services | 3353 | 173403 |
|  | LISI SA | 32242 | 1888575 |
|  | LNA Sante SA | 29822 | 831525 |
| #\* | Lumibird | 1742 | 43634 |
| #\*Ω | Maisons du Monde <br> SA<br>| 45682 | 107665 |
|  | Manitou BF SA | 56008 | 1124933 |
|  | Mersen SA | 119669 | 3024827 |
|  | Metropole Television <br> SA<br>| 123332 | 1701530 |
| #\* | Nacon SA | 138 | 108 |
|  | Nexans SA | 195817 | 27571460 |
| #\* | Nexity SA | 85214 | 891929 |
|  | NRJ Group | 88443 | 821468 |
| # | Oeneo SA | 91324 | 972644 |
|  | Opmobility | 292231 | 4773204 |
| \* | OVH Groupe SA | 12495 | 117148 |
| \* | Pierre Et Vacances <br> SA<br>| 147613 | 276606 |
|  | Pluxee NV | 220491 | 4259341 |
|  | Quadient SA | 123964 | 2133598 |
| # | Remy Cointreau SA | 61390 | 3041565 |
|  | Renault SA | 423761 | 16467007 |
|  | Rexel SA | 1211850 | 42020869 |
| # | Robertet SA | 1654 | 1587411 |
|  | Rubis SCA | 421748 | 15314491 |
|  | Samse SACA | 7930 | 1146777 |
|  | Savencia SA | 34499 | 2481872 |
|  | SCOR SE | 793895 | 24032608 |
|  | SEB SA | 117869 | 6522152 |
| # | Seche <br> Environnement <br> SACA<br>| 21449 | 1736538 |
| # | SES SA | 1861464 | 14263224 |
| \*Ω | SMCP SA | 83829 | 590375 |
|  | Societe BIC SA | 110132 | 6127914 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) | FRANCE — (Continued) |
| # | Societe des Bains de <br> Mer et du Cercle <br> des Etrangers a <br> Monaco<br>| 37536 | $4632624 |
|  | Societe LDC SADIR | 4181 | 444806 |
|  | Sodexo SA | 181241 | 10035392 |
| \* | SOITEC | 9110 | 431066 |
| #\* | Solutions 30 SE | 32693 | 37615 |
|  | Sopra Steria Group | 82550 | 12848600 |
|  | SPIE SA | 753218 | 38333034 |
| # | Stef SA | 25963 | 3621587 |
| # | Sword Group | 39003 | 1650438 |
|  | Synergie SE | 67764 | 2624847 |
|  | Technip Energies NV | 714920 | 29050094 |
|  | Teleperformance SE | 305593 | 21821948 |
|  | Television Francaise <br> 1 SA<br>| 268368 | 2455175 |
| # | TFF Group | 9478 | 203248 |
| # | Thermador Groupe | 39148 | 3447083 |
| # | Tikehau Capital SCA | 59204 | 1229787 |
|  | Trigano SA | 46249 | 7696305 |
| \* | Ubisoft Entertainment <br> SA<br>| 208033 | 1857314 |
|  | Valeo SE | 773014 | 10687108 |
|  | Vallourec SACA | 842462 | 15707355 |
|  | Vetoquinol SA | 12500 | 1074962 |
|  | Vicat SACA | 100090 | 7503588 |
|  | VIEL & Cie SA | 156945 | 3185437 |
|  | Virbac SACA | 9473 | 3873534 |
| \* | Viridien | 17134 | 2098127 |
|  | Vivendi SE | 2406774 | 8669129 |
| #\* | Voltalia SA | 97472 | 802189 |
| # | Vranken-Pommery <br> Monopole SA<br>| 11788 | 161697 |
|  | VusionGroup | 22751 | 6323666 |
| # | Wavestone | 1956 | 116397 |
| \*Ω | X-Fab Silicon <br> Foundries SE<br>| 247503 | 1570501 |
| TOTAL FRANCE | TOTAL FRANCE |  | 718030645 |
| GERMANY — (12.7%) | GERMANY — (12.7%) | GERMANY — (12.7%) | GERMANY — (12.7%) |
|  | 1&1 AG | 218379 | 5392089 |
| #\* | 7C Solarparken AG | 188393 | 345465 |
|  | Adesso SE | 9977 | 1077342 |
|  | Adtran Networks SE | 2822 | 70283 |
|  | AIXTRON SE | 335790 | 5381010 |
|  | All for One Group <br> SE<br>| 4797 | 225633 |
|  | Allgeier SE | 46734 | 985215 |
|  | AlzChem Group AG | 21875 | 4214270 |
| # | Amadeus Fire AG | 16080 | 977961 |
| \* | Aroundtown SA | 4486255 | 16031487 |
|  | Atoss Software SE | 42829 | 5744023 |
|  | Aurubis AG | 158734 | 20696815 |

---

916

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
| \* | Basler AG | 32144 | $644971 |
| #\* | BayWa AG (BYW6 <br> GR)<br>| 78427 | 466223 |
|  | Bechtle AG | 415814 | 17576304 |
| Ω | Befesa SA | 168705 | 5587179 |
|  | Bertrandt AG | 26176 | 604252 |
|  | Bijou Brigitte AG | 15974 | 749561 |
|  | Bilfinger SE | 162046 | 17483551 |
|  | Borussia Dortmund <br> GmbH & Co. <br> KGaA<br>| 456278 | 1803513 |
| #\* | BRANICKS Group <br> AG<br>| 286734 | 646664 |
| # | Brenntag SE | 293842 | 16319611 |
|  | CANCOM SE (COK <br> GR)<br>| 57678 | 1640730 |
|  | Carl Zeiss Meditec <br> AG<br>| 82050 | 4161650 |
| \* | Ceconomy AG | 549619 | 2813840 |
| #\* | CENIT AG | 35541 | 289379 |
|  | Cewe Stiftung & Co. <br> KGaA<br>| 45539 | 5217929 |
| # | CTS Eventim AG & <br> Co. KGaA<br>| 227053 | 20341985 |
|  | Data Modul AG <br> Produktion Und <br> Vertrieb Von <br> Elektronischen <br> Systemen<br>| 11455 | 383449 |
| #\*Ω | Delivery Hero SE | 129022 | 3277125 |
| # | Dermapharm Holding <br> SE<br>| 55368 | 2180157 |
| # | Deutsche <br> Beteiligungs AG<br>| 82898 | 2271153 |
|  | Deutsche EuroShop <br> AG<br>| 6828 | 146000 |
| Ω | Deutsche <br> Pfandbriefbank AG<br>| 598427 | 3147455 |
|  | Deutsche Wohnen <br> SE<br>| 3284 | 81846 |
|  | Deutz AG | 612047 | 6066535 |
|  | Draegerwerk AG & <br> Co. KGaA<br>| 17892 | 1260005 |
|  | Duerr AG | 265997 | 6204281 |
| Ω | DWS Group GmbH & <br> Co. KGaA<br>| 115499 | 7394198 |
|  | Eckert & Ziegler SE | 262053 | 5121254 |
| #\* | EDAG Engineering <br> Group AG<br>| 35570 | 283216 |
|  | Elmos Semiconductor <br> SE<br>| 36953 | 3494610 |
|  | ElringKlinger AG | 158802 | 741190 |
| # | Energiekontor AG | 25910 | 1010968 |
| # | Evonik Industries AG | 726837 | 12180361 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
| \* | Evotec SE | 222582 | $1812686 |
|  | Fabasoft AG | 1167 | 20303 |
|  | Fielmann Group AG | 140122 | 7652562 |
|  | flatexDEGIRO AG | 411467 | 15607747 |
| #\* | Fraport AG Frankfurt <br> Airport Services <br> Worldwide<br>| 182432 | 15637105 |
|  | Freenet AG | 771156 | 23981290 |
|  | Friedrich Vorwerk <br> Group SE<br>| 29109 | 3134089 |
|  | FUCHS SE | 126009 | 4469803 |
|  | GEA Group AG | 580515 | 41522857 |
| # | Gerresheimer AG | 132759 | 4225664 |
|  | Gesco SE | 43546 | 797765 |
| # | GFT Technologies <br> SE<br>| 119509 | 2455086 |
| \* | Grand City Properties <br> SA<br>| 308692 | 3930664 |
| # | Grenke AG | 83556 | 1439676 |
|  | Hawesko Holding SE | 313 | 7562 |
| #\* | Heidelberger <br> Druckmaschinen <br> AG<br>| 1297755 | 2926880 |
| \* | HelloFresh SE | 325177 | 2636071 |
| # | Hensoldt AG | 333222 | 35520673 |
| \* | Hoenle AG | 14291 | 123856 |
| \* | HomeToGo SE | 13461 | 23980 |
|  | Hornbach Holding AG <br> & Co. KGaA<br>| 52423 | 5245303 |
|  | HUGO BOSS AG | 242968 | 10779264 |
| #\* | Hypoport SE | 726 | 108445 |
|  | Indus Holding AG | 64021 | 1657984 |
| # | Init Innovation in <br> Traffic Systems <br> SE<br>| 38395 | 2069636 |
| Ω | Instone Real Estate <br> Group SE<br>| 85056 | 814103 |
| \* | IONOS Group SE | 82142 | 2917371 |
|  | IVU Traffic <br> Technologies AG<br>| 52179 | 1233856 |
|  | Jenoptik AG | 267523 | 6042265 |
| Ω | JOST Werke SE | 22566 | 1314687 |
|  | K&S AG | 584559 | 7615290 |
|  | KION Group AG | 416672 | 29606389 |
| # | Kloeckner & Co. SE | 83904 | 536509 |
| \* | Knaus Tabbert AG | 1175 | 20359 |
| \* | Koenig & Bauer AG | 75375 | 1156672 |
| # | Kontron AG | 250654 | 6551725 |
|  | Krones AG | 100284 | 14566094 |
|  | KSB SE & Co. <br> KGaA<br>| 3257 | 3511879 |
|  | KWS Saat SE & Co. <br> KGaA<br>| 79102 | 6097471 |
|  | Lanxess AG | 253814 | 6044209 |

---

917

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | LEG Immobilien SE | 402018 | $30639491 |
| # | Leifheit AG | 44011 | 755771 |
| \* | Medios AG | 8449 | 118919 |
|  | MLP SE | 335184 | 2750996 |
|  | Multitude PLC | 1042 | 8197 |
| # | Mutares SE & Co. <br> KGaA<br>| 20493 | 654182 |
| # | Nagarro SE | 46426 | 2589331 |
| \* | Nordex SE | 471541 | 13924948 |
| # | Norma Group SE | 96943 | 1573036 |
|  | Patrizia SE | 293577 | 2458386 |
|  | Pfeiffer Vacuum <br> Technology AG<br>| 7173 | 1289568 |
|  | ProCredit Holding <br> AG<br>| 9266 | 82750 |
| # | Puma SE (PUM GR) | 375535 | 7984962 |
| \* | PVA TePla AG | 105701 | 3232335 |
|  | PWO AG | 8558 | 288147 |
| \* | q.beyond AG | 293921 | 288969 |
| # | Qiagen NV | 125266 | 5896278 |
| #\* | R Stahl AG | 11722 | 213554 |
|  | Rational AG | 10023 | 7352856 |
|  | RENK Group AG | 31150 | 2371644 |
| # | RTL Group SA | 151882 | 5864323 |
|  | SAF-Holland SE | 234830 | 3819940 |
| # | Salzgitter AG | 125542 | 4074072 |
| # | Schaeffler AG | 252854 | 2051405 |
|  | Schloss Wachenheim <br> AG<br>| 6929 | 124613 |
|  | Schott Pharma AG & <br> Co. KGaA<br>| 21620 | 485448 |
| Ω | Scout24 SE | 71339 | 8250088 |
|  | Secunet Security <br> Networks AG<br>| 7673 | 1762682 |
| #\* | SGL Carbon SE | 54090 | 191545 |
| # | Siltronic AG | 53434 | 3299759 |
|  | Sixt SE | 64774 | 5694135 |
| #\* | SMA Solar <br> Technology AG<br>| 27404 | 821885 |
|  | Stabilus SE | 113199 | 2841817 |
| # | STRATEC SE | 22485 | 608225 |
|  | Stroeer SE & Co. <br> KGaA<br>| 193372 | 8460816 |
| # | Suedzucker AG | 377566 | 4164141 |
|  | Surteco Group SE | 45354 | 647392 |
| # | SUSS MicroTec SE | 143891 | 4623981 |
|  | Symrise AG | 59729 | 4939528 |
| # | TAG Immobilien AG | 1204980 | 20003769 |
|  | Takkt AG | 128364 | 666631 |
| \*Ω | TeamViewer SE | 455495 | 3352742 |
|  | Technotrans SE | 36431 | 1497532 |
|  | thyssenkrupp AG | 2543046 | 26649443 |
| \* | Tkms AG& Co. <br> KGaA<br>| 127152 | 11981424 |
| \* | TUI AG | 2283309 | 19455776 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) | GERMANY — (Continued) |
|  | United Internet AG | 435652 | $13449372 |
|  | Verbio SE | 100018 | 1776540 |
|  | Vossloh AG | 68864 | 6280602 |
| # | Wacker Chemie AG | 74909 | 5908098 |
|  | Wacker Neuson SE | 207598 | 4520207 |
|  | Washtec AG | 72499 | 3450346 |
| \* | Westwing Group SE | 1038 | 13766 |
|  | Wuestenrot & <br> Wuerttembergische <br> AG<br>| 145171 | 2366534 |
| \*Ω | Zalando SE | 672832 | 18854483 |
|  | Zeal Network SE | 6261 | 351065 |
| TOTAL GERMANY | TOTAL GERMANY |  | 776327013 |
| GREECE — (0.0%) | GREECE — (0.0%) | GREECE — (0.0%) | GREECE — (0.0%) |
| \*†† | Neorion Holdings SA | 14991 | 0 |
| IRELAND — (0.6%) | IRELAND — (0.6%) | IRELAND — (0.6%) | IRELAND — (0.6%) |
|  | Cairn Homes PLC | 2629336 | 5842552 |
|  | Dalata Hotel Group <br> PLC<br>| 257103 | 1907269 |
|  | FBD Holdings PLC <br> (FBD ID)<br>| 17353 | 290276 |
|  | FBD Holdings PLC <br> (FBH LN)<br>| 125459 | 2096850 |
|  | Glanbia PLC (GLB <br> ID)<br>| 298453 | 5051599 |
|  | Glanbia PLC (GLB <br> LN)<br>| 700613 | 12031368 |
| \*Ω | Glenveagh Properties <br> PLC<br>| 1567836 | 3446156 |
|  | Irish Continental <br> Group PLC (IR5B <br> ID)<br>| 825575 | 5488672 |
| \* | Permanent TSB <br> Group Holdings <br> PLC<br>| 273432 | 916306 |
| TOTAL IRELAND | TOTAL IRELAND |  | 37071048 |
| ISRAEL — (2.2%) | ISRAEL — (2.2%) | ISRAEL — (2.2%) | ISRAEL — (2.2%) |
|  | Ackerstein Group <br> Ltd.<br>| 11738 | 34951 |
| #\* | Adgar Investment & <br> Development Ltd.<br>| 78185 | 122823 |
|  | Afcon Holdings Ltd. | 3064 | 262017 |
| #\* | AFI Properties Ltd. | 93073 | 6310260 |
|  | Africa Israel <br> Residences Ltd.<br>| 20736 | 1805808 |
| #\* | Alarum Technologies <br> Ltd.<br>| 10500 | 16497 |
| \* | Allot Ltd. | 119813 | 1176294 |
|  | Alrov Properties & <br> Lodgings Ltd.<br>| 49832 | 4475987 |

---

918

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Altshuler Shaham <br> Finance Ltd.<br>| 22244 | $58827 |
|  | Analyst IMS <br> Investment <br> Management <br> Services Ltd.<br>| 1964 | 82083 |
|  | Arad Ltd. | 32408 | 517866 |
| \* | Argo Properties NV | 8902 | 326380 |
|  | Ari Real Estate Arena <br> Investment Ltd.<br>| 8453 | 7686 |
|  | Aryt Industries Ltd. | 18534 | 242775 |
| #\* | Ashdod Refinery Ltd. | 28488 | 482342 |
|  | AudioCodes Ltd. <br> (AUDC IT)<br>| 23892 | 212372 |
|  | AudioCodes Ltd. <br> (AUDC US)<br>| 2946 | 26308 |
|  | Automatic Bank <br> Services Ltd.<br>| 19339 | 134443 |
| \* | Avgol Industries 1953 <br> Ltd.<br>| 358677 | 151713 |
|  | Ayalon Holdings Ltd. | 2360 | 49718 |
| # | Azorim-Investment <br> Development & <br> Construction Co. <br> Ltd.<br>| 507009 | 3395871 |
| \* | Bet Shemesh <br> Engines Holdings <br> 1997 Ltd.<br>| 33122 | 6829688 |
|  | Blue Square Real <br> Estate Ltd.<br>| 36303 | 4387037 |
| # | Carasso Motors Ltd. | 137415 | 1650965 |
|  | Carasso Real Estate <br> Ltd.<br>| 4065 | 48532 |
|  | Castro Model Ltd. | 368 | 22245 |
| \* | Cellcom Israel Ltd. <br> (CEL IT)<br>| 416963 | 4346660 |
| \* | Ceragon Networks <br> Ltd.<br>| 266244 | 692234 |
| #\* | Cielo-Blu Group Ltd. | 40237 | 49818 |
| #\* | Compugen Ltd. | 26438 | 43946 |
|  | Danel Adir Yeoshua <br> Ltd.<br>| 24067 | 3330369 |
|  | Danya Cebus Ltd. | 5735 | 241097 |
|  | Delek Automotive <br> Systems Ltd.<br>| 110105 | 926235 |
| # | Delta Galil Ltd. | 65527 | 3658519 |
| # | Direct Finance of <br> Direct Group 2006 <br> Ltd.<br>| 1085 | 188021 |
|  | Dor Alon Energy in <br> Israel 1988 Ltd.<br>| 10173 | 458531 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
| \* | Doral Group <br> Renewable Energy <br> Resources Ltd.<br>| 149783 | $1073055 |
|  | Duniec Brothers Ltd. | 771 | 64080 |
|  | Electra Consumer <br> Products 1970 <br> Ltd.<br>| 60700 | 2102208 |
| \* | Ellomay Capital Ltd. | 1257 | 25133 |
| \* | Equital Ltd. | 99225 | 4732275 |
|  | FMS Enterprises <br> Migun Ltd.<br>| 19186 | 1103761 |
|  | Formula Systems <br> 1985 Ltd. (FORTY <br> IT)<br>| 25931 | 3764298 |
|  | Formula Systems <br> 1985 Ltd. (FORTY <br> US), Sponsored <br> ADR<br>| 66 | 9779 |
|  | Fox Wizel Ltd. | 34368 | 3959626 |
| \* | Gilat Satellite <br> Networks Ltd.<br>| 207925 | 2996593 |
| #\* | Hagag Group Real <br> Estate <br> Development<br>| 33390 | 239930 |
|  | IDI Insurance Co. <br> Ltd.<br>| 37805 | 2241570 |
| \* | IES Holdings Ltd. | 1881 | 181022 |
|  | Ilex Medical Ltd. | 2744 | 54993 |
|  | Inrom Construction <br> Industries Ltd.<br>| 431493 | 3214852 |
|  | Isracard Ltd. | 449803 | 1919054 |
| # | Israel Canada TR <br> Ltd.<br>| 129481 | 674524 |
|  | Israel Shipyards <br> Industries Ltd.<br>| 507 | 19484 |
|  | Isras Investment Co. <br> Ltd.<br>| 6883 | 1928485 |
|  | Issta Ltd. | 23280 | 757475 |
|  | Kamada Ltd. (KMDA <br> IT)<br>| 203071 | 1418533 |
| # | Kardan Real Estate <br> Enterprise & <br> Development Ltd.<br>| 61338 | 131878 |
|  | Kerur Holdings Ltd. | 32360 | 901675 |
|  | Klil Industries Ltd. | 2761 | 158021 |
|  | Kvutzat Acro Ltd. | 39149 | 572448 |
|  | Lahav L.R. Real <br> Estate Ltd.<br>| 9407 | 18183 |
| # | Land Development <br> Nimrodi Group <br> Ltd.<br>| 90835 | 1040215 |
|  | Lapidoth Capital Ltd. | 2277 | 57136 |

---

919

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Libra Insurance Co. <br> Ltd.<br>| 9374 | $46156 |
|  | M Yochananof & <br> Sons Ltd.<br>| 11123 | 941223 |
| # | Magic Software <br> Enterprises Ltd. <br> (MGIC IT)<br>| 134709 | 2760988 |
|  | Magic Software <br> Enterprises Ltd. <br> (MGIC US)<br>| 1403 | 29014 |
| \* | Malam - Team Ltd. | 11865 | 509410 |
|  | Max Stock Ltd. | 96483 | 697019 |
| # | Maytronics Ltd. | 55776 | 69052 |
|  | Mediterranean <br> Towers Ltd.<br>| 379849 | 1675231 |
|  | Mega Or Holdings <br> Ltd.<br>| 70651 | 4338201 |
| # | Meitav Investment <br> House Ltd.<br>| 194223 | 6110502 |
|  | MENIF - Financial <br> Services Ltd.<br>| 2172 | 13768 |
| \* | Meshek Energy <br> Renewable <br> Energies Ltd.<br>| 55205 | 111735 |
|  | Meshulam Levinstein <br> Contracting & <br> Engineering Ltd.<br>| 780 | 117586 |
| # | Mivtach Shamir <br> Holdings Ltd.<br>| 31365 | 2967835 |
|  | Nawi Group Ltd. | 73059 | 1208549 |
|  | Neto Malinda Trading <br> Ltd.<br>| 10840 | 475973 |
| \* | Neto ME Holdings <br> Ltd.<br>| 4389 | 280516 |
|  | Novolog Ltd. | 52315 | 20341 |
|  | Oil Refineries Ltd. | 9217147 | 2690939 |
| \* | OY Nofar Energy <br> Ltd.<br>| 7886 | 251733 |
|  | Palram Industries <br> 1990 Ltd.<br>| 10991 | 253252 |
|  | Partner <br> Communications <br> Co. Ltd.<br>| 300130 | 2979972 |
|  | Paz Retail & Energy <br> Ltd.<br>| 20811 | 4446002 |
| #\* | Perion Network Ltd. | 29877 | 280954 |
| # | Plasson Industries <br> Ltd.<br>| 19120 | 1114055 |
| # | Prashkovsky <br> Investments & <br> Construction Ltd.<br>| 29073 | 1482811 |
| \* | Priortech Ltd. | 27070 | 2069406 |
|  | Qualitau Ltd. | 2247 | 345468 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) | ISRAEL — (Continued) |
|  | Rami Levy Chain <br> Stores Hashikma <br> Marketing 2006 <br> Ltd.<br>| 47534 | $4467345 |
| \* | Rani Zim Shopping <br> Centers Ltd.<br>| 26927 | 47534 |
|  | Retailors Ltd. | 23090 | 413697 |
|  | Scope Metals Group <br> Ltd.<br>| 45767 | 2213091 |
| \* | Shikun & Binui Soltec <br> Renewable <br> Energy<br>| 12885 | 10758 |
|  | Summit Real Estate <br> Holdings Ltd.<br>| 215637 | 4415446 |
|  | Suny Cellular <br> Communication <br> Ltd.<br>| 187376 | 85833 |
| # | Tadiran Group Ltd. | 14575 | 776211 |
| #Ω | Tamar Petroleum <br> Ltd.<br>| 86654 | 1072724 |
| # | Telsys Ltd. | 2324 | 140319 |
| \* | Tera Light Ltd. | 45638 | 176638 |
|  | Tiv Taam Holdings 1 <br> Ltd.<br>| 56937 | 154322 |
|  | Turpaz Industries <br> Ltd.<br>| 17085 | 279393 |
| \* | Veridis Environment <br> Ltd.<br>| 3397 | 33800 |
|  | Victory Supermarket <br> Chain Ltd.<br>| 5213 | 73846 |
|  | YD More Investments <br> Ltd.<br>| 9241 | 125976 |
| TOTAL ISRAEL | TOTAL ISRAEL |  | 134901828 |
| ITALY — (9.5%) | ITALY — (9.5%) | ITALY — (9.5%) | ITALY — (9.5%) |
|  | A2A SpA | 8218896 | 23946743 |
| \* | Abitare In SpA | 1909 | 6245 |
|  | ACEA SpA | 245241 | 5948104 |
| # | Amplifon SpA | 186970 | 3195272 |
| \* | Aquafil SpA | 13759 | 30133 |
|  | Ariston Holding NV | 26863 | 111683 |
|  | Arnoldo Mondadori <br> Editore SpA<br>| 992688 | 2385530 |
|  | Ascopiave SpA | 432784 | 1605863 |
|  | Azimut Holding SpA | 552386 | 21618604 |
|  | Banca Generali SpA | 331041 | 18748826 |
|  | Banca IFIS SpA | 172132 | 4447147 |
| # | Banca Monte dei <br> Paschi di Siena <br> SpA<br>| 5051111 | 44300690 |
| # | Banca Profilo SpA | 966765 | 178409 |
| \*Ω | Banca Sistema SpA | 289563 | 523694 |

---

920

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
| # | Banco di Desio e <br> della Brianza SpA<br>| 244337 | $2233102 |
| \*Ω | BFF Bank SpA | 949554 | 11461614 |
| # | Biesse SpA | 24985 | 163599 |
| # | BPER Banca SpA | 546123 | 6543586 |
| # | Brembo NV | 564136 | 6084413 |
| # | Brunello Cucinelli <br> SpA<br>| 190261 | 19282633 |
|  | Buzzi SpA | 441099 | 26573250 |
| \* | Cairo Communication <br> SpA<br>| 349136 | 1159579 |
|  | Cembre SpA | 10913 | 794973 |
|  | Cementir Holding NV | 344436 | 6346412 |
| \* | CIR SpA-Compagnie <br> Industriali<br>| 2713555 | 2164861 |
|  | Credito Emiliano <br> SpA<br>| 494654 | 7831053 |
| # | d'Amico International <br> Shipping SA<br>| 252474 | 1307925 |
| # | Danieli & C Officine <br> Meccaniche SpA <br> (DAN IM)<br>| 89250 | 4822717 |
|  | Danieli & C Officine <br> Meccaniche SpA <br> (DANR IM)<br>| 148854 | 5707602 |
|  | Datalogic SpA | 46326 | 245643 |
| # | Davide <br> Campari-Milano <br> NV<br>| 215716 | 1501787 |
|  | De' Longhi SpA | 57913 | 2113825 |
| #\* | Digital Bros SpA | 22930 | 317639 |
| \*Ω | doValue SpA | 141235 | 441153 |
|  | Emak SpA | 288997 | 339985 |
| Ω | Enav SpA | 812628 | 4246079 |
| # | ERG SpA | 202488 | 5223404 |
|  | Esprinet SpA | 164535 | 1101554 |
|  | Fiera Milano SpA | 38749 | 351159 |
| # | Fila SpA | 107114 | 1174466 |
| \* | Fincantieri SpA | 129734 | 3337839 |
| #\*†† | Finmatica SpA | 5960 | 0 |
|  | FNM SpA | 940435 | 492965 |
| # | Gefran SpA | 35925 | 517729 |
| #\* | Geox SpA | 150451 | 58643 |
| # | GPI SpA | 24149 | 474070 |
|  | Hera SpA | 4283801 | 19226487 |
|  | IMMSI SpA | 997787 | 663234 |
|  | Intercos SpA | 39671 | 540692 |
|  | Interpump Group <br> SpA<br>| 21462 | 1107661 |
|  | Iren SpA | 3483285 | 10278310 |
|  | Italgas SpA | 2853412 | 29940645 |
|  | Italmobiliare SpA | 79015 | 2968101 |
|  | Iveco Group NV | 796858 | 16935705 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  | Lottomatica Group <br> SpA<br>| 426325 | $10512385 |
|  | LU-VE SpA | 6324 | 263312 |
|  | Maire SpA | 956295 | 14519459 |
| #\*†† | Mariella Burani <br> Fashion Group <br> SpA<br>| 22744 | 0 |
| # | MARR SpA | 16028 | 170054 |
|  | MFE-MediaForEurope <br> NV, Class A<br>| 590200 | 2130681 |
| # | MFE-MediaForEurope <br> NV (MFEA IM), <br> Class A<br>| 897309 | 3177151 |
|  | MFE-MediaForEurope <br> NV (MFEB IM), <br> Class B<br>| 316964 | 1478142 |
|  | Moltiply Group SpA | 126668 | 6885509 |
| \* | NewPrinces SpA | 24519 | 564264 |
| Ω | Nexi SpA | 2382257 | 12560725 |
|  | Orsero SpA | 44592 | 934254 |
| Ω | OVS SpA | 1174566 | 5927875 |
|  | Pharmanutra SpA | 9710 | 518500 |
| \*Ω | Philogen SpA | 1182 | 33792 |
| # | Piaggio & C SpA | 794675 | 1809170 |
| Ω | Pirelli & C SpA | 1699980 | 11933933 |
| Ω | RAI Way SpA | 505631 | 3465019 |
|  | Recordati Industria <br> Chimica e <br> Farmaceutica SpA<br>| 15205 | 905028 |
|  | Reply SpA | 123280 | 17301717 |
| \* | Revo SpA | 4909 | 101006 |
|  | Rizzoli Corriere Della <br> Sera Mediagroup <br> SpA<br>| 837029 | 995968 |
|  | Sabaf SpA | 50590 | 816122 |
| \* | Safilo Group SpA | 275375 | 538044 |
| # | Saipem SpA | 6394526 | 16670171 |
| #\* | Salvatore Ferragamo <br> SpA<br>| 24733 | 199411 |
| # | Sanlorenzo SpA | 30051 | 1174939 |
| \* | Seco SpA | 21231 | 84166 |
| \* | Seri Industrial SpA | 3574 | 10880 |
|  | Sesa SpA | 52658 | 4900390 |
|  | Sogefi SpA | 312879 | 1261735 |
|  | SOL SpA | 219864 | 12873268 |
| # | Tamburi Investment <br> Partners SpA<br>| 790266 | 7976617 |
| Ω | Technogym SpA | 756838 | 13708649 |
| \* | Telecom Italia SpA <br> (TIT IM)<br>| 54260839 | 31994510 |
| \* | Telecom Italia SpA <br> (TITR IM)<br>| 8338576 | 5544198 |
| \* | TREVI - Finanziaria <br> Industriale SpA<br>| 405238 | 203905 |

---

921

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) | ITALY — (Continued) |
|  | TXT e-solutions SpA | 3886 | $148068 |
|  | Unipol Assicurazioni <br> SpA<br>| 1816310 | 39765060 |
|  | Webuild SpA | 2514269 | 10160914 |
| # | Wiit SpA | 12846 | 292505 |
| # | Zignago Vetro SpA | 3295 | 28520 |
| TOTAL ITALY | TOTAL ITALY |  | 577663053 |
| JAPAN — (0.0%) | JAPAN — (0.0%) | JAPAN — (0.0%) | JAPAN — (0.0%) |
| \*†† | Bourbon Corp. SA | 28851 | 0 |
| NETHERLANDS — (5.1%) | NETHERLANDS — (5.1%) | NETHERLANDS — (5.1%) | NETHERLANDS — (5.1%) |
|  | Aalberts NV | 623215 | 19744223 |
|  | Acomo NV | 62216 | 1685284 |
|  | Aegon Ltd. (AGN <br> NA)<br>| 672460 | 5124633 |
| \* | AFC Ajax NV | 13955 | 146023 |
|  | Akzo Nobel NV | 325415 | 21505095 |
|  | Allfunds Group PLC | 1312909 | 9980391 |
|  | AMG Critical <br> Materials NV<br>| 104457 | 3468213 |
| # | Aperam SA | 188310 | 6562090 |
|  | Arcadis NV | 455920 | 21773259 |
| Ω | B&S Group SARL | 39302 | 269108 |
| #\*Ω | Basic-Fit NV | 189747 | 5632452 |
| # | BE Semiconductor <br> Industries NV<br>| 204349 | 34840703 |
| # | Brunel International <br> NV<br>| 97045 | 864889 |
|  | Corbion NV | 303749 | 6182281 |
| Ω | CTP NV | 295054 | 6152798 |
| #\* | Fastned BV | 409 | 10366 |
| \* | Flow Traders Ltd. | 156049 | 4290889 |
|  | ForFarmers NV | 141731 | 685434 |
| # | Fugro NV | 331296 | 3383292 |
|  | Havas NV | 43568 | 76034 |
|  | IMCD NV | 213114 | 22083653 |
| \* | InPost SA | 658695 | 8297221 |
| # | Kendrion NV | 47563 | 780301 |
|  | Koninklijke BAM <br> Groep NV<br>| 1911457 | 17743839 |
|  | Koninklijke Heijmans <br> NV<br>| 154593 | 10951991 |
|  | Koninklijke Vopak <br> NV<br>| 381357 | 17281947 |
|  | Nedap NV | 33400 | 4018521 |
|  | OCI NV | 400234 | 1570016 |
| #\* | Pharming Group NV | 2753627 | 3608558 |
| # | PostNL NV | 529838 | 586287 |
| # | Randstad NV | 539495 | 21143282 |
|  | SBM Offshore NV | 613536 | 15865439 |
| #\* | SIF Holding NV | 2920 | 23482 |
| Ω | Signify NV | 594729 | 14236314 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) | NETHERLANDS — (Continued) |
| # | Sligro Food Group <br> NV<br>| 79286 | $851465 |
|  | TKH Group NV | 219835 | 9718487 |
| \* | TomTom NV | 244347 | 1471466 |
|  | Van Lanschot <br> Kempen NV<br>| 158421 | 9262465 |
| TOTAL NETHERLANDS | TOTAL NETHERLANDS |  | 311872191 |
| NORWAY — (1.4%) | NORWAY — (1.4%) | NORWAY — (1.4%) | NORWAY — (1.4%) |
|  | 2020 Bulkers Ltd. | 97040 | 1324299 |
|  | ABG Sundal Collier <br> Holding ASA<br>| 1828593 | 1269008 |
|  | AF Gruppen ASA | 5920 | 99432 |
|  | Akastor ASA | 546535 | 599883 |
| \* | Aker BioMarine ASA | 18649 | 158288 |
|  | Aker Solutions ASA | 104797 | 287938 |
|  | Archer Ltd. | 149289 | 347602 |
| \* | ArcticZymes <br> Technologies ASA<br>| 35915 | 102101 |
|  | Arendals <br> Fossekompani <br> ASA<br>| 1452 | 18945 |
|  | Atea ASA | 360236 | 5488205 |
| #\* | Axactor ASA | 367750 | 255175 |
|  | B2 Impact ASA | 1080438 | 1851999 |
|  | Bluenord ASA | 46086 | 2104539 |
|  | Bonheur ASA | 137587 | 2976569 |
|  | Borregaard ASA | 136491 | 2584950 |
|  | Bouvet ASA | 98544 | 625633 |
| \* | BW Energy Ltd. | 8378 | 31916 |
|  | BW Offshore Ltd. | 454614 | 1655451 |
| #\* | Cadeler AS (CADLR <br> NO)<br>| 19751 | 91573 |
| \* | Cloudberry Clean <br> Energy ASA<br>| 117416 | 152826 |
|  | DNO ASA | 1731454 | 2364265 |
| Ω | Elkem ASA | 1052204 | 2767601 |
| #\* | Elliptic Laboratories <br> ASA<br>| 40897 | 40566 |
| Ω | Elmera Group ASA | 282468 | 908688 |
|  | Elopak ASA | 166900 | 785661 |
| \* | Endur ASA | 4750 | 39825 |
| \* | Ensurge Micropower <br> ASA<br>| 363935 | 41519 |
| Ω | Europris ASA | 1007539 | 8686932 |
| # | FLEX LNG Ltd. <br> (FLNG NO)<br>| 134726 | 3498850 |
| # | FLEX LNG Ltd. <br> (FLNG US)<br>| 5649 | 146705 |
| \* | Grieg Seafood ASA | 195921 | 1312037 |
| #\* | Hexagon Composites <br> ASA<br>| 361292 | 324485 |
|  | Himalaya Shipping <br> Ltd.<br>| 5431 | 41638 |

---

922

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
| Ω | Kid ASA | 78809 | $1066890 |
| # | Kitron ASA | 898370 | 6678984 |
| Ω | Klaveness <br> Combination <br> Carriers ASA<br>| 66520 | 504226 |
| \* | Kongsberg <br> Automotive ASA<br>| 3011978 | 514695 |
| \* | LINK Mobility Group <br> Holding ASA<br>| 723491 | 2142855 |
|  | Magnora ASA | 141054 | 286048 |
|  | Medistim ASA | 1199 | 32247 |
|  | Morrow Bank ASA | 33724 | 44448 |
|  | MPC Container Ships <br> ASA<br>| 704551 | 1232843 |
| Ω | Multiconsult ASA | 3781 | 64186 |
|  | Norbit ASA | 74687 | 1503564 |
|  | Norconsult Norge AS | 9547 | 44152 |
| \* | Nordic Mining ASA | 71130 | 103398 |
| #\*Ω | Norske Skog ASA | 59043 | 91296 |
| \* | Northern Ocean Ltd. | 63725 | 37834 |
|  | Norwegian Air Shuttle <br> ASA<br>| 842208 | 1307484 |
| \* | NRC Group ASA | 31346 | 23861 |
|  | Odfjell Drilling Ltd. | 514416 | 4132016 |
|  | Odfjell SE, Class A | 129774 | 1559866 |
|  | Odfjell Technology <br> Ltd.<br>| 107420 | 616762 |
| \* | OKEA ASA | 32193 | 57967 |
| #Ω | Okeanis Eco Tankers <br> Corp.<br>| 44427 | 1531669 |
| \* | Otello Corp. ASA | 92958 | 138817 |
|  | Panoro Energy ASA | 332889 | 711400 |
|  | Paratus Energy <br> Services Ltd.<br>| 20975 | 85853 |
|  | Pareto Bank ASA | 75355 | 638415 |
|  | Pexip Holding ASA | 184856 | 1135571 |
| \* | PhotoCure ASA | 97674 | 560607 |
|  | Public Property <br> Invest AS<br>| 12136 | 26769 |
|  | Rana Gruber ASA | 98940 | 623811 |
|  | Reach Subsea ASA | 19435 | 12813 |
| #\* | Salmon Evolution <br> ASA<br>| 422091 | 214821 |
|  | SATS ASA | 227378 | 814680 |
| #\*Ω | Scatec ASA | 518802 | 5472243 |
|  | Sea1 offshore, Inc. | 37563 | 74350 |
|  | Selvaag Bolig ASA | 207216 | 673434 |
| #\*Ω | Shelf Drilling Ltd. | 312797 | 564677 |
| #\* | SmartCraft ASA | 10481 | 26442 |
| # | Solstad Maritime <br> Holding AS<br>| 291056 | 515586 |
| \* | Solstad Offshore <br> ASA<br>| 30917 | 132650 |
|  | Sparebanken More | 4408 | 43496 |
|  | Stolt-Nielsen Ltd. | 25491 | 854997 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) | NORWAY — (Continued) |
|  | TGS ASA | 322664 | $2784504 |
| \* | Thor Medical ASA | 228264 | 80167 |
|  | Veidekke ASA | 313510 | 4854003 |
|  | Wilh Wilhelmsen <br> Holding ASA, <br> Class A<br>| 789 | 39768 |
|  | Zalaris ASA | 3463 | 31504 |
| \* | Zaptec ASA | 25511 | 74457 |
| TOTAL NORWAY | TOTAL NORWAY |  | 87748230 |
| PORTUGAL — (1.3%) | PORTUGAL — (1.3%) | PORTUGAL — (1.3%) | PORTUGAL — (1.3%) |
| # | Altri SGPS SA | 332589 | 1886406 |
|  | Banco Comercial <br> Portugues SA, <br> Class R<br>| 47951405 | 42326788 |
|  | Corticeira Amorim <br> SGPS SA<br>| 80430 | 674776 |
|  | CTT-Correios de <br> Portugal SA<br>| 429193 | 3731652 |
|  | EDP Renovaveis SA | 96613 | 1412549 |
|  | Ibersol SGPS SA | 77675 | 904396 |
|  | Mota-Engil SGPS <br> SA<br>| 224824 | 1555188 |
| # | Navigator Co. SA | 1487163 | 5149610 |
|  | NOS SGPS SA | 868310 | 3762509 |
|  | REN - Redes <br> Energeticas <br> Nacionais SGPS <br> SA<br>| 2287055 | 8609001 |
|  | Semapa-Sociedade <br> de Investimento e <br> Gestao<br>| 18962 | 395575 |
|  | Sonae SGPS SA | 5742005 | 9354964 |
| TOTAL PORTUGAL | TOTAL PORTUGAL |  | 79763414 |
| SPAIN — (5.6%) | SPAIN — (5.6%) | SPAIN — (5.6%) | SPAIN — (5.6%) |
| # | Acciona SA | 110881 | 24542623 |
|  | Acerinox SA | 675799 | 8702836 |
| \*†† | Adveo Group <br> International SA<br>| 84445 | 0 |
| Ω | Aedas Homes SA | 9070 | 222608 |
|  | Alantra Partners SA | 49892 | 498111 |
|  | Almirall SA | 395422 | 5691115 |
| #\* | Amper SA | 7984073 | 1332756 |
|  | Atresmedia Corp. de <br> Medios de <br> Comunicacion SA<br>| 291533 | 1764518 |
|  | Audax Renovables <br> SA<br>| 252705 | 402220 |
|  | Azkoyen SA | 67253 | 683814 |
|  | Bankinter SA | 2439976 | 36780772 |
|  | CIE Automotive SA | 342627 | 11490653 |

---

923

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
|  | Construcciones y <br> Auxiliar de <br> Ferrocarriles SA<br>| 103752 | $6551120 |
|  | Corp. ACCIONA <br> Energias <br> Renovables SA<br>| 52055 | 1432074 |
| \* | Distribuidora <br> Internacional de <br> Alimentacion SA<br>| 8320 | 274279 |
|  | Ebro Foods SA | 401533 | 8183807 |
| #\* | eDreams ODIGEO <br> SA<br>| 403870 | 3380151 |
|  | Elecnor SA | 194344 | 6339735 |
|  | Enagas SA | 1020450 | 16194092 |
| # | Ence Energia y <br> Celulosa SA<br>| 596521 | 1821841 |
| \* | Ercros SA | 590023 | 2177404 |
|  | Faes Farma SA | 1808882 | 9310432 |
|  | Fluidra SA | 405339 | 11732296 |
| #Ω | Gestamp Automocion <br> SA<br>| 693014 | 2681534 |
| #Ω | Global Dominion <br> Access SA<br>| 385250 | 1411733 |
| \* | Grenergy Renovables <br> SA<br>| 18093 | 1559882 |
|  | Grifols SA | 732085 | 9486272 |
|  | Grupo Catalana <br> Occidente SA<br>| 201235 | 11481941 |
|  | Grupo Empresarial <br> San Jose SA<br>| 141180 | 1142606 |
|  | Iberpapel Gestion SA <br> (IBG SM)<br>| 45155 | 1036243 |
| # | Indra Sistemas SA | 533795 | 29528153 |
|  | Laboratorio Reig <br> Jofre SA<br>| 7442 | 24993 |
|  | Laboratorios <br> Farmaceuticos <br> Rovi SA<br>| 92151 | 6497121 |
|  | Linea Directa <br> Aseguradora SA <br> Cia de Seguros y <br> Reaseguros<br>| 2889715 | 3829802 |
|  | Logista Integral SA | 310609 | 10351730 |
|  | Mapfre SA | 3458315 | 15273081 |
|  | Melia Hotels <br> International SA<br>| 408090 | 3376982 |
|  | Miquel y Costas & <br> Miquel SA<br>| 185363 | 2840666 |
| Ω | Neinor Homes SA | 99054 | 1969597 |
| \* | Nueva Expresion <br> Textil SA<br>| 7921 | 6861 |
| \* | Obrascon Huarte <br> Lain SA<br>| 1894465 | 993600 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) | SPAIN — (Continued) |
| #\* | Oryzon Genomics <br> SA<br>| 35547 | $145015 |
|  | Pharma Mar SA | 60597 | 5123200 |
|  | Prim SA | 40283 | 642863 |
| \* | Promotora de <br> Informaciones SA, <br> Class A<br>| 879152 | 385038 |
| Ω | Prosegur Cash SA | 778516 | 637032 |
|  | Realia Business SA | 1559506 | 1862063 |
|  | Redeia Corp. SA | 479379 | 8629715 |
|  | Renta 4 Banco SA | 442 | 10041 |
|  | Sacyr SA | 2059437 | 9059476 |
| \* | Solaria Energia y <br> Medio Ambiente <br> SA<br>| 194370 | 3361222 |
| #\*†† | Soltec Power <br> Holdings SA<br>| 58317 | 20166 |
| #\*Ω | Talgo SA | 346503 | 1067094 |
| \* | Tecnicas Reunidas <br> SA<br>| 197950 | 7085011 |
| # | Tubacex SA | 614854 | 2342150 |
| #\* | Tubos Reunidos SA | 83289 | 43925 |
| Ω | Unicaja Banco SA | 3741336 | 10100903 |
|  | Vidrala SA | 129239 | 12310761 |
|  | Viscofan SA | 265435 | 16496262 |
| \* | Vocento SA | 121275 | 89430 |
| TOTAL SPAIN | TOTAL SPAIN |  | 342413421 |
| SWEDEN — (6.3%) | SWEDEN — (6.3%) | SWEDEN — (6.3%) | SWEDEN — (6.3%) |
| Ω | AcadeMedia AB | 491095 | 5423201 |
|  | AddLife AB, Class B | 569253 | 12297925 |
|  | Addnode Group AB | 593826 | 6911001 |
|  | AFRY AB | 442049 | 7583389 |
| Ω | Alimak Group AB | 375399 | 5545870 |
|  | Alleima AB | 596665 | 5152947 |
|  | Alligo AB, Class B | 165054 | 2059416 |
| Ω | Ambea AB | 367624 | 4956695 |
| \* | Annehem Fastigheter <br> AB, Class B<br>| 214348 | 421239 |
|  | AQ Group AB | 130190 | 2683006 |
|  | Arise AB | 21470 | 67778 |
|  | Arjo AB, Class B | 933688 | 2962834 |
|  | Atrium Ljungberg AB, <br> Class B<br>| 182809 | 658075 |
| Ω | Attendo AB | 478828 | 4062676 |
|  | Beijer Alma AB | 296567 | 9052954 |
|  | Bergman & Beving <br> AB<br>| 200531 | 7078363 |
|  | Betsson AB, Class B | 432947 | 6747307 |
| #\* | Better Collective AS | 148631 | 1823575 |
| \* | BHG Group AB | 412330 | 1244444 |
|  | Bilia AB, Class A | 514700 | 7205960 |
|  | Billerud Aktiebolag | 142477 | 1318400 |
|  | BioGaia AB, Class B | 72686 | 767832 |

---

924

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
| \* | BioInvent <br> International AB<br>| 39440 | $131369 |
|  | Bjorn Borg AB | 13009 | 87448 |
| \* | Bonava AB, Class B | 1376013 | 1606414 |
| \*Ω | BoneSupport Holding <br> AB<br>| 36518 | 848628 |
| #\*Ω | Boozt AB | 40683 | 439814 |
| Ω | Bravida Holding AB | 938798 | 7934994 |
| # | Bufab AB | 1073880 | 11802873 |
|  | Bulten AB | 65387 | 335415 |
|  | Bure Equity AB | 208016 | 6092230 |
|  | Byggmax Group AB | 317424 | 1614702 |
| \* | Carasent AB | 4216 | 12608 |
|  | Catella AB | 107245 | 350313 |
| \* | Cavotec Group AB | 44730 | 71973 |
| # | Cellavision AB | 57877 | 1096867 |
| # | Cibus Nordic Real <br> Estate AB publ<br>| 200692 | 3478369 |
| \* | Cint Group AB | 74205 | 28184 |
|  | Clas Ohlson AB, <br> Class B<br>| 260229 | 9490224 |
|  | Cloetta AB, Class B | 1091570 | 4065089 |
|  | Coinshares <br> International Ltd.<br>| 4502 | 79308 |
| #Ω | Coor Service <br> Management <br> Holding AB<br>| 335339 | 1646664 |
| # | Corem Property <br> Group AB (COREB <br> SS), Class B<br>| 2302739 | 936466 |
|  | Corem Property <br> Group AB (CORED <br> SS), Class D<br>| 460 | 11601 |
|  | CTT Systems AB | 10788 | 214581 |
|  | Dios Fastigheter AB | 680078 | 4634762 |
| Ω | Dometic Group AB | 519107 | 2537400 |
| \*Ω | Dustin Group AB | 360322 | 77868 |
| \* | Dynavox Group AB | 61180 | 629472 |
|  | Eastnine AB | 505684 | 2662670 |
|  | Elanders AB, <br> Class B<br>| 62048 | 413467 |
| \* | Electrolux AB, <br> Class B<br>| 485989 | 3135953 |
|  | Electrolux <br> Professional AB, <br> Class B<br>| 718459 | 4990022 |
|  | Elekta AB, Class B | 1064712 | 5411731 |
| \* | Eltel AB | 129635 | 122172 |
| \* | Embracer Group AB | 38627 | 402559 |
| \* | Enea AB | 53941 | 395024 |
| # | Engcon AB | 62429 | 540374 |
|  | Ependion AB | 100183 | 1293447 |
|  | Ework Group AB | 46094 | 462048 |
| # | Fagerhult Group AB | 323685 | 1573041 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Fasadgruppen Group <br> AB<br>| 10832 | $34005 |
| \* | Fastighets AB <br> Trianon<br>| 20413 | 43468 |
| \* | Fastighetsbolaget <br> Emilshus AB, <br> Class B<br>| 17064 | 104803 |
| # | FastPartner AB <br> (FPARA SS), <br> Class A<br>| 88242 | 466602 |
|  | FastPartner AB <br> (FPARD SS), <br> Class D<br>| 35 | 279 |
|  | Fenix Outdoor <br> International AG<br>| 17626 | 972400 |
|  | G5 Entertainment AB | 5544 | 54905 |
|  | Granges AB | 803061 | 11751067 |
|  | Hanza AB | 140095 | 1933827 |
| # | Heba Fastighets AB, <br> Class B<br>| 343323 | 1181295 |
|  | Hemnet Group AB | 14007 | 305713 |
| #\* | Hexatronic Group AB | 262542 | 597522 |
| \* | HMS Networks AB | 9565 | 530941 |
| Ω | Hoist Finance AB | 292360 | 3046704 |
|  | Hufvudstaden AB, <br> Class A<br>| 4060 | 53962 |
|  | Humana AB | 111595 | 568392 |
| \* | Humble Group AB | 59334 | 52284 |
|  | Instalco AB | 785537 | 1990483 |
| #\* | International <br> Petroleum Corp. <br> (IPCO SS)<br>| 481608 | 7494966 |
|  | INVISIO AB | 58370 | 1856025 |
|  | Inwido AB | 449118 | 6751647 |
|  | JM AB | 364135 | 5184194 |
| \* | John Mattson <br> Fastighetsforetagen <br> AB<br>| 1538 | 10778 |
| \* | Karnov Group AB | 72675 | 857537 |
| #\* | K-fast Holding AB | 18519 | 28455 |
| \* | Klarabo Sverige AB, <br> Class B<br>| 22416 | 36750 |
|  | KNOW IT AB | 124453 | 1588531 |
|  | Lime Technologies <br> AB<br>| 27826 | 1046335 |
| # | Lindab International <br> AB<br>| 565453 | 13526956 |
|  | Loomis AB | 45831 | 1846322 |
| \* | Maha Capital AB | 40455 | 38288 |
| \* | Medcap AB | 22514 | 1441764 |
|  | MEKO AB | 154235 | 1247590 |
|  | MIPS AB | 9118 | 326476 |
| \* | Modern Times Group <br> MTG AB, Class B<br>| 437155 | 5876428 |

---

925

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
|  | Momentum Group <br> AB<br>| 184563 | $3160934 |
| Ω | Munters Group AB | 19990 | 338322 |
| \* | NCAB Group AB | 449516 | 2763008 |
| # | NCC AB, Class B | 489246 | 11152796 |
|  | Nederman Holding <br> AB<br>| 50799 | 861796 |
|  | Nelly Group AB | 5181 | 51313 |
| \* | Net Insight AB, <br> Class B<br>| 1416278 | 567061 |
|  | New Wave Group <br> AB, Class B<br>| 644123 | 7591408 |
|  | Nivika Fastigheter <br> AB, Class B<br>| 10217 | 44245 |
| \* | Nobia AB | 2281142 | 1072911 |
|  | Nolato AB, Class B | 1528597 | 10116013 |
| \* | Norion Bank AB | 306679 | 2284985 |
|  | Note AB | 87168 | 1730697 |
| # | NP3 Fastigheter AB | 157465 | 4286561 |
| # | Nyfosa AB | 1067086 | 9077054 |
|  | OEM International <br> AB, Class B<br>| 353662 | 5751912 |
| #\* | Orron Energy AB | 740174 | 340736 |
| \* | Ovzon AB | 568 | 1943 |
|  | Peab AB, Class B | 678272 | 5489314 |
|  | Platzer Fastigheter <br> Holding AB, <br> Class B<br>| 324822 | 2493573 |
|  | Prevas AB, Class B | 20231 | 163085 |
| \* | Pricer AB, Class B | 371092 | 175616 |
|  | Proact IT Group AB | 206921 | 2246964 |
|  | Ratos AB, Class B | 1178695 | 4768418 |
|  | RaySearch <br> Laboratories AB<br>| 159055 | 3733450 |
|  | Rejlers AB | 4253 | 88965 |
| \* | Rottneros AB | 532673 | 152635 |
|  | Rusta AB | 26860 | 177463 |
| # | Rvrc Holding AB | 132635 | 907121 |
| \* | Samhallsbyggnadsbolaget <br> i Norden AB<br>| 1955624 | 1073606 |
| \* | Samhallsbyggnadsbolaget <br> i Norden AB, <br> Class D<br>| 54283 | 56019 |
|  | Scandi Standard AB | 360822 | 3736825 |
| Ω | Scandic Hotels <br> Group AB<br>| 920206 | 8944371 |
| \* | Sdiptech AB, <br> Class B<br>| 81759 | 1627696 |
| \* | Sedana Medical AB | 35048 | 38436 |
| \* | Sensys Gatso Group <br> AB<br>| 29979 | 119457 |
| \*Ω | Sinch AB | 1749070 | 6333661 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) | SWEDEN — (Continued) |
| \* | Sivers <br> Semiconductors <br> AB<br>| 68258 | $27043 |
|  | SkiStar AB | 305022 | 5093286 |
|  | Solid Forsakring AB | 89141 | 725067 |
| \* | Stendorren <br> Fastigheter AB<br>| 6035 | 125101 |
|  | Stenhus Fastigheter I <br> Norden AB<br>| 13110 | 14737 |
| \* | Stillfront Group AB | 1857000 | 1259881 |
|  | Storskogen Group <br> AB, Class B<br>| 4860197 | 5021829 |
|  | Svedbergs Group AB | 2130 | 13286 |
|  | Synsam AB | 110359 | 698326 |
|  | Systemair AB | 430484 | 3539123 |
|  | TF Bank AB | 20565 | 400892 |
|  | Troax Group AB | 214543 | 3252047 |
|  | Truecaller AB, <br> Class B<br>| 660546 | 1968951 |
|  | VBG Group AB, <br> Class B<br>| 66409 | 2525536 |
| \* | Vestum AB | 62611 | 57289 |
|  | Vitec Software Group <br> AB, Class B<br>| 93866 | 3276021 |
|  | Vitrolife AB | 72920 | 1125439 |
|  | Volati AB | 11330 | 127779 |
| TOTAL SWEDEN | TOTAL SWEDEN |  | 383302728 |
| SWITZERLAND — (18.1%) | SWITZERLAND — (18.1%) | SWITZERLAND — (18.1%) | SWITZERLAND — (18.1%) |
|  | Accelleron Industries <br> AG (ACLN SW)<br>| 362317 | 29699449 |
|  | Adecco Group AG | 620390 | 17297945 |
|  | Allreal Holding AG | 110728 | 26464952 |
|  | ALSO Holding AG | 31533 | 9060426 |
| \* | ams-OSRAM AG | 304767 | 4217209 |
|  | APG SGA SA | 8077 | 2128284 |
|  | Arbonia AG | 252050 | 1593810 |
| \* | Aryzta AG | 96210 | 6168756 |
|  | Ascom Holding AG | 125288 | 557372 |
|  | Autoneum Holding <br> AG<br>| 22372 | 4450490 |
|  | Avolta AG | 431730 | 22758220 |
|  | Baloise Holding AG | 131137 | 32566697 |
|  | Banque Cantonale de <br> Geneve<br>| 101770 | 3154906 |
|  | Banque Cantonale du <br> Jura SA<br>| 3848 | 311183 |
| # | Banque Cantonale <br> Vaudoise<br>| 104812 | 12169364 |
| # | Barry Callebaut AG | 1904 | 2475276 |
| \* | Basilea <br> Pharmaceutica Ag <br> Allschwil<br>| 1625 | 94117 |
|  | Belimo Holding AG | 52851 | 57023269 |

---

926

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Bell Food Group AG | 13638 | $3913052 |
|  | Bellevue Group AG | 26100 | 279404 |
|  | Berner Kantonalbank <br> AG<br>| 31526 | 10270372 |
|  | BKW AG | 88043 | 19704679 |
|  | Bossard Holding AG, <br> Class A<br>| 39753 | 8638492 |
|  | Bucher Industries <br> AG<br>| 45417 | 20152648 |
|  | Burckhardt <br> Compression <br> Holding AG<br>| 14686 | 10157514 |
|  | Burkhalter Holding <br> AG<br>| 27531 | 4889073 |
|  | Bystronic AG | 7308 | 2716175 |
| # | Calida Holding AG | 2321 | 39257 |
| \* | Carlo Gavazzi <br> Holding AG<br>| 3243 | 643203 |
|  | Cembra Money Bank <br> AG<br>| 161550 | 18473728 |
|  | Cham Swiss <br> Properties AG<br>| 25234 | 733894 |
| \* | Cicor Technologies <br> Ltd.<br>| 14675 | 4035735 |
|  | Cie Financiere <br> Tradition SA<br>| 10201 | 3862714 |
| # | Clariant AG | 1020790 | 9152504 |
| # | Coltene Holding AG | 18021 | 1015612 |
|  | COSMO <br> Pharmaceuticals <br> NV<br>| 20432 | 1719550 |
|  | CPH Group AG | 229 | 19941 |
|  | Daetwyler Holding <br> AG<br>| 24060 | 4436682 |
|  | DKSH Holding AG | 193753 | 13511483 |
| #\* | DocMorris AG | 20803 | 143208 |
|  | dormakaba Holding <br> AG<br>| 194130 | 16581951 |
|  | EFG International <br> AG<br>| 601176 | 12536258 |
|  | Emmi AG | 14183 | 12602534 |
| #\* | Feintool International <br> Holding AG<br>| 33102 | 391018 |
|  | Flughafen Zurich AG | 114334 | 33772628 |
|  | Forbo Holding AG | 6528 | 5997986 |
|  | Fundamenta Real <br> Estate AG<br>| 3737 | 80141 |
| Ω | Galenica AG | 265647 | 28629206 |
| #\* | GAM Holding AG | 106105 | 23546 |
| # | Georg Fischer AG | 482759 | 34087312 |
| #\* | Gurit Holding AG, <br> Class BR<br>| 14679 | 191052 |
|  | Helvetia Holding AG | 168507 | 41407009 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
|  | Hiag Immobilien <br> Holding AG<br>| 29767 | $4094053 |
|  | Huber & Suhner AG | 103518 | 18958971 |
| # | Hypothekarbank <br> Lenzburg AG<br>| 6 | 29845 |
|  | Implenia AG | 88228 | 7000911 |
|  | Inficon Holding AG | 126120 | 15130419 |
|  | Interroll Holding AG | 4298 | 13263223 |
|  | Intershop Holding <br> AG<br>| 53477 | 10482652 |
|  | Investis Holding SA | 7331 | 1198069 |
|  | Jungfraubahn <br> Holding AG<br>| 20143 | 5921444 |
|  | Kardex Holding AG | 44989 | 16922205 |
| #\* | Komax Holding AG | 17498 | 1441831 |
| #\* | Kudelski SA | 156130 | 250867 |
|  | Landis & Gyr Group <br> AG<br>| 94723 | 6862181 |
| \* | LEM Holding SA | 3234 | 1836604 |
|  | Liechtensteinische <br> Landesbank AG<br>| 65937 | 6486801 |
|  | Luzerner <br> Kantonalbank AG<br>| 113127 | 11508079 |
| Ω | Medacta Group SA | 16951 | 3140730 |
| Ω | Medmix AG | 69171 | 794536 |
| # | Meier Tobler Group <br> AG<br>| 45826 | 2249013 |
| # | Metall Zug AG, <br> Class B<br>| 963 | 889844 |
|  | Mikron Holding AG | 13436 | 357296 |
|  | Mobilezone Holding <br> AG<br>| 293515 | 4386772 |
|  | Mobimo Holding AG | 61314 | 25989899 |
| \*Ω | Montana Aerospace <br> AG<br>| 24896 | 987050 |
|  | Naturenergie Holding <br> AG<br>| 84245 | 3474346 |
|  | Novavest Real Estate <br> AG<br>| 1614 | 79904 |
|  | OC Oerlikon Corp. <br> AG Pfaffikon<br>| 559834 | 2001960 |
|  | Orell Fuessli AG | 5028 | 709243 |
| #\* | Orior AG | 15045 | 254089 |
|  | Phoenix Mecano AG | 4038 | 2200936 |
|  | Plazza AG, Class A | 7288 | 3610743 |
| #\*Ω | PolyPeptide Group <br> AG<br>| 13274 | 429896 |
|  | PSP Swiss Property <br> AG<br>| 294218 | 50889020 |
|  | Rieter Holding AG | 282152 | 1204952 |
| # | Romande Energie <br> Holding SA<br>| 68779 | 3699203 |
|  | Schweiter <br> Technologies AG<br>| 4068 | 1405076 |

---

927

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) | SWITZERLAND — (Continued) |
| # | Schweizerische <br> Nationalbank<br>| 23 | $101160 |
|  | SFS Group AG | 110663 | 15007768 |
|  | Siegfried Holding AG | 301110 | 29044975 |
| # | SIG Group AG | 986264 | 11027168 |
|  | SKAN Group AG | 7552 | 493405 |
| #\* | Softwareone Holding <br> AG<br>| 255975 | 2588584 |
|  | St. Galler <br> Kantonalbank AG<br>| 16805 | 10659719 |
| # | Stadler Rail AG | 133101 | 3263841 |
|  | StarragTornos Group <br> AG<br>| 225 | 8806 |
|  | Sulzer AG | 127241 | 21265139 |
|  | Sunrise <br> Communications <br> AG, Class A<br>| 14460 | 792584 |
| # | Swatch Group AG <br> (UHR SW)<br>| 58824 | 12293424 |
| # | Swatch Group AG <br> (UHRN SW)<br>| 48617 | 2061401 |
|  | Swiss Prime Site AG | 224162 | 31863036 |
|  | Swissquote Group <br> Holding SA<br>| 72853 | 46286603 |
|  | Tecan Group AG | 709 | 129473 |
|  | Temenos AG | 281663 | 26594085 |
|  | Thurgauer <br> Kantonalbank<br>| 2788 | 540511 |
|  | TX Group AG | 18706 | 4724402 |
| \* | u-blox Holding AG | 38657 | 6465650 |
|  | Valiant Holding AG | 97848 | 16105078 |
| #Ω | VAT Group AG | 17356 | 7584864 |
|  | Vaudoise Assurances <br> Holding SA<br>| 6782 | 5208500 |
|  | Vetropack Holding <br> AG<br>| 68511 | 1827345 |
|  | Vontobel Holding AG | 191371 | 14511495 |
|  | VP Bank AG, <br> Class A<br>| 17991 | 1804693 |
|  | VZ Holding AG | 81039 | 15830806 |
| # | V-ZUG Holding AG | 10662 | 549616 |
|  | Walliser <br> Kantonalbank<br>| 19673 | 3155874 |
|  | Warteck Invest AG | 117 | 282203 |
| # | Ypsomed Holding <br> AG<br>| 20705 | 8129727 |
|  | Zehnder Group AG | 66152 | 5829105 |
|  | Zug Estates Holding <br> AG, Class B<br>| 1242 | 3302334 |
|  | Zuger Kantonalbank | 711 | 7755817 |
| TOTAL SWITZERLAND | TOTAL SWITZERLAND |  | 1104233140 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 5757866129 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PREFERRED STOCKS — (0.9%) | PREFERRED STOCKS — (0.9%) | PREFERRED STOCKS — (0.9%) | PREFERRED STOCKS — (0.9%) |
| GERMANY — (0.9%) | GERMANY — (0.9%) | GERMANY — (0.9%) | GERMANY — (0.9%) |
|  | Draegerwerk AG & <br> Co. KGaA, <br> 2.796%<br>| 47625 | $4013239 |
|  | Einhell Germany AG, <br> 1.843%<br>| 1331 | 126227 |
| # | FUCHS SE, 3.020% | 425341 | 19040194 |
|  | Jungheinrich AG, <br> 2.591%<br>| 292088 | 10438689 |
|  | Porsche Automobil <br> Holding SE, <br> 5.552%<br>| 322087 | 12797633 |
|  | Sixt SE, 4.946% | 101360 | 6439331 |
|  | STO SE & Co. <br> KGaA, 2.782%<br>| 14183 | 1949783 |
|  | Villeroy & Boch AG, <br> 5.438%<br>| 41086 | 783885 |
| TOTAL GERMANY | TOTAL GERMANY |  | 55588981 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| GERMANY — (0.0%) | GERMANY — (0.0%) | GERMANY — (0.0%) | GERMANY — (0.0%) |
| #\* | BayWa AG Rights <br> 11/10/2025<br>| 78427 | 134694 |
| ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) | ITALY — (0.0%) |
| #\* | Geox SpA Warrants <br> 09/30/2026<br>| 99330 | 6538 |
| #\* | Webuild SpA <br> Warrants <br> 08/02/2030<br>| 116038 | 0 |
| TOTAL ITALY | TOTAL ITALY |  | 6538 |
| SPAIN — (0.0%) | SPAIN — (0.0%) | SPAIN — (0.0%) | SPAIN — (0.0%) |
| \* | Vidrala SA Rights <br> 11/17/2025<br>| 129238 | 610761 |
| SWITZERLAND — (0.0%) | SWITZERLAND — (0.0%) | SWITZERLAND — (0.0%) | SWITZERLAND — (0.0%) |
| \* | Fundamenta Real <br> Estate AG Rights <br> 11/03/2025<br>| 3737 | 166 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 752159 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $3,623,656,892) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $3,623,656,892) |  | 5814207269 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

928

------

**The Continental Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| SECURITIES LENDING COLLATERAL — (4.8%) | SECURITIES LENDING COLLATERAL — (4.8%) | SECURITIES LENDING COLLATERAL — (4.8%) | SECURITIES LENDING COLLATERAL — (4.8%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 25566008 | $295722017 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $3,919,378,909) | (Cost $3,919,378,909) |  | $6109929286 |

---

As of October 31, 2025, the value of Rule 144A securities amounted to $366,925,273 or 6.2% of net assets.

Summary of the Series' investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Austria | &nbsp;&nbsp; — | &nbsp;&nbsp; $213298162 | &nbsp;&nbsp; — | &nbsp;&nbsp; $213298162 |
| Belgium | &nbsp;&nbsp; — | &nbsp;&nbsp; 215004329 | &nbsp;&nbsp; — | &nbsp;&nbsp; 215004329 |
| Denmark | &nbsp;&nbsp; — | &nbsp;&nbsp; 400490936 | &nbsp;&nbsp; — | &nbsp;&nbsp; 400490936 |
| Finland | &nbsp;&nbsp; — | &nbsp;&nbsp; 375745991 | &nbsp;&nbsp; — | &nbsp;&nbsp; 375745991 |
| France | &nbsp;&nbsp; — | &nbsp;&nbsp; 718030645 | &nbsp;&nbsp; — | &nbsp;&nbsp; 718030645 |
| Germany | &nbsp;&nbsp; $11981424 | &nbsp;&nbsp; 764345589 | &nbsp;&nbsp; — | &nbsp;&nbsp; 776327013 |
| Ireland | &nbsp;&nbsp; — | &nbsp;&nbsp; 37071048 | &nbsp;&nbsp; — | &nbsp;&nbsp; 37071048 |
| Israel | &nbsp;&nbsp; 747556 | &nbsp;&nbsp; 134154272 | &nbsp;&nbsp; — | &nbsp;&nbsp; 134901828 |
| Italy | &nbsp;&nbsp; 2130681 | &nbsp;&nbsp; 575532372 | &nbsp;&nbsp; — | &nbsp;&nbsp; 577663053 |
| Netherlands | &nbsp;&nbsp; — | &nbsp;&nbsp; 311872191 | &nbsp;&nbsp; — | &nbsp;&nbsp; 311872191 |
| Norway | &nbsp;&nbsp; 146705 | &nbsp;&nbsp; 87601525 | &nbsp;&nbsp; — | &nbsp;&nbsp; 87748230 |
| Portugal | &nbsp;&nbsp; — | &nbsp;&nbsp; 79763414 | &nbsp;&nbsp; — | &nbsp;&nbsp; 79763414 |
| Spain | &nbsp;&nbsp; — | &nbsp;&nbsp; 342393255 | &nbsp;&nbsp; $20166 | &nbsp;&nbsp; 342413421 |
| Sweden | &nbsp;&nbsp; — | &nbsp;&nbsp; 383302728 | &nbsp;&nbsp; — | &nbsp;&nbsp; 383302728 |
| Switzerland | &nbsp;&nbsp; 6465650 | &nbsp;&nbsp; 1097767490 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1104233140 |
| Preferred Stocks |  |  |  |  |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 55588981 | &nbsp;&nbsp; — | &nbsp;&nbsp; 55588981 |
| Rights/Warrants |  |  |  |  |
| Germany | &nbsp;&nbsp; — | &nbsp;&nbsp; 134694 | &nbsp;&nbsp; — | &nbsp;&nbsp; 134694 |
| Italy | &nbsp;&nbsp; — | &nbsp;&nbsp; 6538 | &nbsp;&nbsp; — | &nbsp;&nbsp; 6538 |
| Spain | &nbsp;&nbsp; — | &nbsp;&nbsp; 610761 | &nbsp;&nbsp; — | &nbsp;&nbsp; 610761 |
| Switzerland | &nbsp;&nbsp; — | &nbsp;&nbsp; 166 | &nbsp;&nbsp; — | &nbsp;&nbsp; 166 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 295722017 | &nbsp;&nbsp; — | &nbsp;&nbsp; 295722017 |
| Total Investments in Securities | &nbsp;&nbsp; $21472016 | &nbsp;&nbsp; $6088437104 | &nbsp;&nbsp; $20,166˂˃ | &nbsp;&nbsp; $6109929286 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

929

------

**The Canadian Small Company Series**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (91.8%) | COMMON STOCKS — (91.8%) | COMMON STOCKS — (91.8%) | COMMON STOCKS — (91.8%) |
| COMMUNICATION SERVICES — (1.3%) | COMMUNICATION SERVICES — (1.3%) | COMMUNICATION SERVICES — (1.3%) | COMMUNICATION SERVICES — (1.3%) |
| \* | Cineplex, Inc. | 28705 | $258694 |
|  | Cogeco <br> Communications, <br> Inc.<br>| 49159 | 2238276 |
|  | Cogeco, Inc. | 31967 | 1336298 |
|  | Quebecor, Inc., <br> Class B<br>| 588740 | 18780241 |
| \* | Telesat Corp. | 8400 | 252860 |
|  | TELUS Corp. | 180109 | 2633800 |
|  | Yellow Pages Ltd. | 56545 | 443474 |
| TOTAL COMMUNICATION <br> SERVICES | TOTAL COMMUNICATION <br> SERVICES |  | 25943643 |
| CONSUMER DISCRETIONARY — (5.6%) | CONSUMER DISCRETIONARY — (5.6%) | CONSUMER DISCRETIONARY — (5.6%) | CONSUMER DISCRETIONARY — (5.6%) |
| \* | Aritzia, Inc. | 450762 | 31486331 |
| \* | AutoCanada, Inc. | 96759 | 1744704 |
| » | BMTC Group, Inc. | 20581 | 190762 |
|  | BRP, Inc. (DOOO US) | 114464 | 7190628 |
| \* | Canada Goose <br> Holdings, Inc. <br> (GOOS US)<br>| 49278 | 686443 |
| # | Canadian Tire Corp. <br> Ltd., Class A<br>| 205490 | 23566409 |
| \* | Dorel Industries, Inc., <br> Class B<br>| 99477 | 127666 |
|  | Exco Technologies <br> Ltd.<br>| 161624 | 753642 |
|  | Gamehost, Inc. | 75333 | 631647 |
| # | Gildan Activewear, Inc. <br> (GIL CN)<br>| 45173 | 2634273 |
| # | Gildan Activewear, Inc. <br> (GIL US)<br>| 335007 | 19527558 |
| \* | GoldMoney, Inc. | 16695 | 134507 |
|  | Leon's Furniture Ltd. | 129679 | 2700740 |
|  | Linamar Corp. | 227439 | 12316133 |
|  | Martinrea International, <br> Inc.<br>| 395219 | 2851675 |
| # | MTY Food Group, Inc. | 90302 | 2178748 |
|  | Pet Valu Holdings Ltd. | 133637 | 3315795 |
|  | Pizza Pizza Royalty <br> Corp.<br>| 136724 | 1511953 |
| # | Pollard Banknote Ltd. | 36429 | 526221 |
| #Ω | Spin Master Corp. | 138289 | 2053802 |
| TOTAL CONSUMER <br> DISCRETIONARY | TOTAL CONSUMER <br> DISCRETIONARY |  | 116129637 |
| CONSUMER STAPLES — (2.7%) | CONSUMER STAPLES — (2.7%) | CONSUMER STAPLES — (2.7%) | CONSUMER STAPLES — (2.7%) |
|  | Andrew Peller Ltd., <br> Class A<br>| 102752 | 364839 |
| \* | Canada Packers, Inc. | 88417 | 1054662 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) | CONSUMER STAPLES — (Continued) |
|  | Corby Spirit & Wine <br> Ltd.<br>| 49867 | $487808 |
|  | Empire Co. Ltd., <br> Class A<br>| 118269 | 4018051 |
|  | High Liner Foods, Inc. | 93008 | 1124677 |
| Ω | Jamieson Wellness, <br> Inc.<br>| 221615 | 5501860 |
| # | KP Tissue, Inc. | 39800 | 267594 |
|  | Lassonde Industries, <br> Inc., Class A<br>| 17100 | 2662384 |
|  | Maple Leaf Foods, <br> Inc.<br>| 442088 | 8497873 |
|  | North West Co., Inc. | 260127 | 8438757 |
| # | Premium Brands <br> Holdings Corp.<br>| 231302 | 15947313 |
|  | Rogers Sugar, Inc. | 597725 | 2633732 |
|  | Saputo, Inc. | 119504 | 2887591 |
| \* | SunOpta, Inc. (SOY <br> CN)<br>| 125411 | 657211 |
| \* | SunOpta, Inc. (STKL <br> US)<br>| 24676 | 128809 |
| TOTAL CONSUMER <br> STAPLES | TOTAL CONSUMER <br> STAPLES |  | 54673161 |
| ENERGY — (15.6%) | ENERGY — (15.6%) | ENERGY — (15.6%) | ENERGY — (15.6%) |
| \* | Advantage Energy <br> Ltd.<br>| 1169723 | 9282391 |
| \* | Athabasca Oil Corp. | 2931609 | 14401473 |
| # | Baytex Energy Corp. | 2396208 | 5791697 |
| # | Birchcliff Energy Ltd. | 1512977 | 7054914 |
| \* | Bonterra Energy Corp. | 33162 | 85592 |
| \* | Calfrac Well Services <br> Ltd.<br>| 13937 | 30407 |
| \* | Canacol Energy Ltd. | 121631 | 195990 |
| # | Cardinal Energy Ltd. | 733319 | 4172317 |
|  | CES Energy Solutions <br> Corp.<br>| 1451076 | 9942491 |
| \* | Denison Mines Corp. <br> (DML CN)<br>| 4838 | 15419 |
|  | Enerflex Ltd. (EFX <br> CN)<br>| 501298 | 6308445 |
|  | Enerflex Ltd. (EFXT <br> US)<br>| 50471 | 635430 |
| \* | Ensign Energy <br> Services, Inc.<br>| 657397 | 1204599 |
| # | Freehold Royalties <br> Ltd.<br>| 623529 | 6308421 |
| # | Frontera Energy Corp. | 178762 | 712473 |
|  | Gibson Energy, Inc. | 849068 | 14474504 |
| \* | Gran Tierra Energy, <br> Inc. (GTE CN)<br>| 4502 | 15312 |

---

930

------

**The Canadian Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| # | Headwater Exploration, <br> Inc.<br>| 1240510 | $6545060 |
|  | InPlay Oil Corp. | 4862 | 41629 |
| \* | IsoEnergy Ltd. | 5405 | 55262 |
| \* | Kelt Exploration Ltd. | 959125 | 4561238 |
|  | Keyera Corp. | 160074 | 4726152 |
| \* | Kolibri Global Energy, <br> Inc.<br>| 5600 | 24196 |
| \*†† | Lightstream Resources <br> Ltd.<br>| 687816 | 0 |
| \* | Mattr Corp. | 299643 | 2337239 |
|  | MEG Energy Corp. | 1128222 | 23874820 |
|  | Meren Energy, Inc. | 1238657 | 1607326 |
|  | North American <br> Construction Group <br> Ltd. (NOA CN)<br>| 121746 | 1895785 |
| # | North American <br> Construction Group <br> Ltd. (NOA US)<br>| 28452 | 443282 |
| \* | NuVista Energy Ltd. | 807648 | 9605054 |
| \* | Obsidian Energy Ltd. <br> (OBE CN)<br>| 5660 | 32082 |
| #\* | Obsidian Energy Ltd. <br> (OBE US)<br>| 323765 | 1835748 |
| # | Paramount Resources <br> Ltd., Class A<br>| 384576 | 6306551 |
|  | Parex Resources, Inc. | 615121 | 7868005 |
|  | Parkland Corp. | 737606 | 21015105 |
|  | Pason Systems, Inc. | 273589 | 2331032 |
| # | Peyto Exploration & <br> Development Corp.<br>| 1048317 | 15270127 |
|  | PHX Energy Services <br> Corp.<br>| 136923 | 743897 |
| # | Pine Cliff Energy Ltd. | 108200 | 58630 |
| # | PrairieSky Royalty Ltd. | 1144791 | 20552449 |
| \* | Precision Drilling Corp. <br> (PD CN)<br>| 26593 | 1595322 |
| \* | Precision Drilling Corp. <br> (PDS US)<br>| 27017 | 1618588 |
| #\* | Questerre Energy <br> Corp., Class A<br>| 794460 | 175596 |
| \* | Saturn Oil & Gas, Inc. | 63600 | 119260 |
|  | Secure Waste <br> Infrastructure Corp.<br>| 1822233 | 22749490 |
| \* | Source Energy <br> Services Ltd.<br>| 2400 | 21064 |
|  | South Bow Corp. | 328716 | 8524013 |
| \* | Spartan Delta Corp. | 390411 | 1748088 |
| \*Ω | STEP Energy Services <br> Ltd.<br>| 30460 | 118795 |
|  | Strathcona Resources <br> Ltd.<br>| 47661 | 1257322 |
| # | Surge Energy, Inc. | 217348 | 1027425 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) | ENERGY — (Continued) |
| # | Tamarack Valley <br> Energy Ltd.<br>| 2856995 | $12690513 |
| \* | Tenaz Energy Corp. | 16600 | 316720 |
| # | TerraVest Industries, <br> Inc.<br>| 35869 | 3472456 |
| #\* | Tidewater Midstream & <br> Infrastructure Ltd.<br>| 60962 | 258183 |
| # | Topaz Energy Corp. | 481425 | 8546920 |
|  | Total Energy Services, <br> Inc.<br>| 249286 | 2506104 |
| # | Trican Well Service <br> Ltd.<br>| 1249399 | 4676729 |
| \* | Valeura Energy, Inc. | 72128 | 342499 |
| # | Vermilion Energy, Inc. <br> (VET CN)<br>| 191659 | 1433463 |
|  | Vermilion Energy, Inc. <br> (VET US)<br>| 214605 | 1603099 |
| # | Whitecap Resources, <br> Inc.<br>| 4701977 | 35007483 |
| \* | Yangarra Resources <br> Ltd.<br>| 135371 | 98448 |
| TOTAL ENERGY | TOTAL ENERGY |  | 322270124 |
| FINANCIALS — (5.6%) | FINANCIALS — (5.6%) | FINANCIALS — (5.6%) | FINANCIALS — (5.6%) |
|  | AGF Management Ltd., <br> Class B<br>| 367701 | 3665082 |
|  | Alaris Equity Partners <br> Income<br>| 30816 | 430200 |
|  | Canaccord Genuity <br> Group, Inc.<br>| 432506 | 3626445 |
| \*†† | Chesswood Group <br> Ltd.<br>| 27283 | 6614 |
|  | Clairvest Group, Inc. | 1900 | 96182 |
|  | Definity Financial <br> Corp.<br>| 387904 | 18046227 |
|  | E-L Financial Corp. <br> Ltd.<br>| 740300 | 8582424 |
| # | EQB, Inc. | 165215 | 10539222 |
|  | Fiera Capital Corp. | 218747 | 981012 |
|  | Firm Capital Mortgage <br> Investment Corp.<br>| 189321 | 1582006 |
| # | goeasy Ltd. | 62859 | 7558497 |
| # | Guardian Capital <br> Group Ltd., Class A<br>| 93214 | 4450187 |
|  | IGM Financial, Inc. | 210673 | 8103674 |
| # | Laurentian Bank of <br> Canada<br>| 209267 | 4968515 |
|  | Onex Corp. | 277156 | 24108254 |
| # | Propel Holdings, Inc. | 26500 | 482179 |
| \* | RF Capital Group, Inc. | 1102 | 15704 |
|  | Sprott, Inc. (SII CN) | 122216 | 10034915 |
| # | Timbercreek Financial <br> Corp.<br>| 445430 | 2108770 |

---

931

------

**The Canadian Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) | FINANCIALS — (Continued) |
| \* | Trisura Group Ltd. <br> (TSU CN)<br>| 249797 | $6883643 |
|  | VersaBank (VBNK <br> CN)<br>| 3400 | 40580 |
| TOTAL FINANCIALS | TOTAL FINANCIALS |  | 116310332 |
| HEALTH CARE — (1.6%) | HEALTH CARE — (1.6%) | HEALTH CARE — (1.6%) | HEALTH CARE — (1.6%) |
|  | Andlauer Healthcare <br> Group, Inc.<br>| 91822 | 3561454 |
| \* | Aurora Cannabis, Inc. <br> (ACB CN)<br>| 3845 | 19082 |
| \* | Bausch Health Cos., <br> Inc. (BHC US)<br>| 1387468 | 9740025 |
| #\* | Cronos Group, Inc. <br> (CRON CN)<br>| 120512 | 303310 |
| #\* | Cronos Group, Inc. <br> (CRON US)<br>| 457202 | 1147577 |
|  | dentalcorp Holdings <br> Ltd.<br>| 26521 | 206110 |
| # | Extendicare, Inc. | 420755 | 4817886 |
| \* | HLS Therapeutics, <br> Inc.<br>| 4504 | 17919 |
| \* | Knight Therapeutics, <br> Inc.<br>| 408150 | 1699473 |
|  | Medical Facilities <br> Corp.<br>| 135329 | 1394249 |
| \* | Organigram Global, <br> Inc.<br>| 38249 | 61905 |
| # | Sienna Senior Living, <br> Inc.<br>| 411218 | 5611716 |
| \* | Viemed Healthcare, <br> Inc.<br>| 93487 | 603926 |
| \* | Vitalhub Corp. | 8082 | 63155 |
| \* | Well Health <br> Technologies Corp.<br>| 836252 | 3130243 |
| †† | Zenith Capital Corp. | 111820 | 2392 |
| TOTAL HEALTH CARE | TOTAL HEALTH CARE |  | 32380422 |
| INDUSTRIALS — (10.7%) | INDUSTRIALS — (10.7%) | INDUSTRIALS — (10.7%) | INDUSTRIALS — (10.7%) |
| # | ADENTRA, Inc. | 85888 | 2153706 |
|  | Aecon Group, Inc. | 352409 | 7769054 |
|  | AG Growth <br> International, Inc.<br>| 76535 | 1968830 |
| \* | Air Canada | 772266 | 10153353 |
|  | Algoma Central Corp. | 51900 | 643870 |
| #\* | ATS Corp. (ATS CN) | 407018 | 11195861 |
| #\* | ATS Corp. (ATS US) | 7768 | 213309 |
|  | Badger Infrastructure <br> Solutions Ltd.<br>| 180224 | 9456122 |
| #\* | Ballard Power <br> Systems, Inc. (BLDP <br> US)<br>| 215532 | 769449 |
| # | Bird Construction, Inc. | 315414 | 6773569 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) | INDUSTRIALS — (Continued) |
|  | Black Diamond Group <br> Ltd.<br>| 265177 | $2826563 |
| \* | Bombardier, Inc. <br> (BBD/A CN), <br> Class A<br>| 7600 | 1051987 |
| \* | Bombardier, Inc. <br> (BBD/B CN), <br> Class B<br>| 104210 | 14560646 |
| # | Boyd Group, Inc. | 102162 | 16318386 |
| \* | CAE, Inc. (CAE US) | 152700 | 4284762 |
|  | Calian Group Ltd. | 48237 | 1736814 |
|  | Dexterra Group, Inc. | 157443 | 1194390 |
|  | Doman Building <br> Materials Group Ltd.<br>| 389975 | 2469059 |
| # | Exchange Income <br> Corp.<br>| 121007 | 6629480 |
|  | Finning International, <br> Inc.<br>| 746988 | 40397162 |
| \* | GDI Integrated Facility <br> Services, Inc.<br>| 61231 | 1287879 |
|  | Hammond Power <br> Solutions, Inc.<br>| 26225 | 4001390 |
|  | K-Bro Linen, Inc. | 58878 | 1580519 |
| \*» | Lion Electric Co. (LEV <br> CN)<br>| 67500 | 2565 |
|  | Magellan Aerospace <br> Corp.<br>| 88957 | 1092816 |
| \* | MDA Space Ltd. | 526969 | 10287270 |
| # | Mullen Group Ltd. | 454647 | 4570620 |
| \* | NFI Group, Inc. | 264881 | 2708205 |
| # | Richelieu Hardware <br> Ltd.<br>| 294993 | 8087042 |
| # | Russel Metals, Inc. | 320920 | 9932721 |
| # | Savaria Corp. | 268384 | 4211709 |
|  | TFI International, Inc. <br> (TFII US)<br>| 28564 | 2563048 |
|  | Toromont Industries <br> Ltd.<br>| 201877 | 24254603 |
| \* | Transat AT, Inc. | 19900 | 29938 |
|  | Wajax Corp. | 116375 | 2063560 |
| # | Westshore Terminals <br> Investment Corp.<br>| 141504 | 2600958 |
| TOTAL INDUSTRIALS | TOTAL INDUSTRIALS |  | 221841215 |
| INFORMATION TECHNOLOGY — (7.1%) | INFORMATION TECHNOLOGY — (7.1%) | INFORMATION TECHNOLOGY — (7.1%) | INFORMATION TECHNOLOGY — (7.1%) |
| \* | Bitfarms Ltd. | 142800 | 570161 |
| #\* | BlackBerry Ltd. | 981441 | 4789814 |
| \* | Celestica, Inc. (CLS <br> CN)<br>| 317593 | 109340937 |
|  | Computer Modelling <br> Group Ltd.<br>| 379496 | 1439463 |

---

932

------

**The Canadian Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) | INFORMATION TECHNOLOGY — (Continued) |
| \* | Descartes Systems <br> Group, Inc. (DSG <br> CN)<br>| 1000 | $88318 |
| \* | Descartes Systems <br> Group, Inc. (DSGX <br> US)<br>| 19664 | 1734561 |
| \* | Docebo, Inc. | 7890 | 197735 |
| # | Dye & Durham Ltd. | 140244 | 514960 |
|  | Enghouse Systems <br> Ltd.<br>| 201318 | 2987008 |
|  | Evertz Technologies <br> Ltd.<br>| 118943 | 1087198 |
| \* | Firan Technology <br> Group Corp.<br>| 25900 | 201653 |
| \* | Lightspeed Commerce, <br> Inc. (LSPD CN)<br>| 37467 | 450122 |
| #\* | Lightspeed Commerce, <br> Inc. (LSPD US)<br>| 444457 | 5333484 |
|  | Open Text Corp. <br> (OTEX CN)<br>| 59231 | 2272447 |
| # | Open Text Corp. <br> (OTEX US)<br>| 421998 | 16183623 |
| #\* | Quarterhill, Inc. | 841258 | 653789 |
|  | Vecima Networks, Inc. | 6059 | 43589 |
| TOTAL INFORMATION <br> TECHNOLOGY | TOTAL INFORMATION <br> TECHNOLOGY |  | 147888862 |
| MATERIALS — (32.0%) | MATERIALS — (32.0%) | MATERIALS — (32.0%) | MATERIALS — (32.0%) |
| \* | 5N Plus, Inc. | 548950 | 7851369 |
| # | Acadian Timber Corp. | 66067 | 675013 |
| # | ADF Group, Inc. | 19985 | 102451 |
| #\* | Aimia, Inc. | 349697 | 694382 |
| # | AirBoss of America <br> Corp.<br>| 94797 | 312937 |
| # | Algoma Steel Group, <br> Inc. (ASTL US)<br>| 203169 | 847215 |
| \* | Alkane Resources Ltd. | 11008 | 7064 |
| \* | Allied Gold Corp. | 163751 | 2491500 |
|  | Altius Minerals Corp. | 168980 | 4573442 |
|  | Amerigo Resources <br> Ltd.<br>| 267687 | 584024 |
| \*» | Aura Minerals, Inc. | 13881 | 448773 |
| \* | Avino Silver & Gold <br> Mines Ltd. (ASM <br> US)<br>| 83330 | 387484 |
|  | B2Gold Corp. (BTG <br> US)<br>| 5234539 | 22979626 |
|  | B2Gold Corp. (BTO <br> CN)<br>| 1376372 | 6025401 |
| #\* | Canfor Corp. | 431575 | 3763261 |
| \* | Capstone Copper <br> Corp.<br>| 3319114 | 29628396 |
|  | Cascades, Inc. | 637040 | 5046176 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | Centerra Gold, Inc. | 1209372 | $14167043 |
|  | China Gold <br> International <br> Resources Corp. <br> Ltd. (CGG CN)<br>| 780329 | 13213656 |
|  | DPM Metals, Inc. | 968032 | 20705829 |
| \* | Eldorado Gold Corp. <br> (EGO US)<br>| 469393 | 12035237 |
| \* | Eldorado Gold Corp. <br> (ELD CN)<br>| 658322 | 16874029 |
| \* | Eloro Resources Ltd. | 5800 | 5583 |
|  | Endeavour Mining <br> PLC<br>| 865828 | 34687445 |
| #\* | Endeavour Silver Corp. <br> (EDR CN)<br>| 313415 | 2574269 |
| #\* | Endeavour Silver Corp. <br> (EXK US)<br>| 948475 | 7777495 |
| #\* | Equinox Gold Corp. <br> (EQX CN)<br>| 560910 | 6162794 |
| #\* | Equinox Gold Corp. <br> (EQX US)<br>| 2156041 | 23651770 |
| #\* | ERO Copper Corp. <br> (ERO CN)<br>| 207129 | 4423025 |
| \* | ERO Copper Corp. <br> (ERO US)<br>| 151266 | 3229529 |
| # | First Majestic Silver <br> Corp. (AG US)<br>| 894227 | 11419279 |
| # | First Majestic Silver <br> Corp. (FR CN)<br>| 626941 | 8014728 |
| \* | First Mining Gold <br> Corp.<br>| 317405 | 76944 |
| \* | Foraco International <br> SA<br>| 355941 | 525327 |
| #\* | Fortuna Mining Corp. <br> (FSM US)<br>| 1113846 | 9211506 |
| \* | Fortuna Mining Corp. <br> (FVI CN)<br>| 858460 | 7093905 |
| \* | Galiano Gold, Inc. | 325391 | 779346 |
| \* | GoGold Resources, <br> Inc.<br>| 601925 | 1098662 |
| \*†† | Hanfeng Evergreen, <br> Inc.<br>| 45837 | 0 |
|  | Hudbay Minerals, Inc. <br> (HBM CN)<br>| 1347989 | 21605492 |
|  | Hudbay Minerals, Inc. <br> (HBM US)<br>| 977377 | 15638032 |
| \* | IAMGOLD Corp. (IAG <br> US)<br>| 1146593 | 13277547 |
| \* | IAMGOLD Corp. (IMG <br> CN)<br>| 2280410 | 26404662 |
| \* | Imperial Metals Corp. | 343977 | 1679970 |
| \* | Interfor Corp. | 316704 | 1786124 |
| #\* | K92 Mining, Inc. | 954233 | 12688635 |

---

933

------

**The Canadian Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
| # | Labrador Iron Ore <br> Royalty Corp.<br>| 317769 | $6556796 |
| \* | Largo, Inc. (LGO CN) | 35049 | 41733 |
| \* | Lucara Diamond Corp. | 1577773 | 202488 |
|  | Lundin Gold, Inc. | 536872 | 36498339 |
|  | Lundin Mining Corp. | 309893 | 4984625 |
| \* | Major Drilling Group <br> International, Inc.<br>| 436147 | 3840444 |
|  | Methanex Corp. <br> (MEOH US)<br>| 145713 | 5729435 |
| # | Methanex Corp. (MX <br> CN)<br>| 193398 | 7611543 |
|  | Neo Performance <br> Materials, Inc.<br>| 60255 | 830866 |
| \* | New Gold, Inc. (NGD <br> CN)<br>| 3379281 | 24888933 |
| \* | New Gold, Inc. (NGD <br> US)<br>| 1393601 | 10229031 |
|  | OceanaGold Corp. | 1317609 | 29470175 |
|  | OR Royalties, Inc. (OR <br> CN)<br>| 291656 | 9357613 |
|  | OR Royalties, Inc. (OR <br> US)<br>| 223751 | 7155557 |
| \*†† | Orbite Technologies, <br> Inc.<br>| 73500 | 0 |
| \* | Orla Mining Ltd. (OLA <br> CN)<br>| 246169 | 2539701 |
| \* | Orla Mining Ltd. <br> (ORLA US)<br>| 627078 | 6471445 |
|  | Pan American Silver <br> Corp. (PAAS US)<br>| 25689 | 904511 |
| \* | PMET Resources, Inc. | 4800 | 12902 |
|  | Royal Gold, Inc. | 80354 | 14044999 |
| #\* | Seabridge Gold, Inc. <br> (SA US)<br>| 250242 | 5963267 |
| \* | Seabridge Gold, Inc. <br> (SEA CN)<br>| 76784 | 1831801 |
| \* | SSR Mining, Inc. <br> (SSRM CN)<br>| 852816 | 19281159 |
| \* | SSR Mining, Inc. <br> (SSRM US)<br>| 140822 | 3176944 |
|  | Stella-Jones, Inc. | 317270 | 18008531 |
| \* | Taseko Mines Ltd. <br> (TGB US)<br>| 250167 | 1133257 |
| \* | Taseko Mines Ltd. <br> (TKO CN)<br>| 1628726 | 7374005 |
| \* | Torex Gold Resources, <br> Inc.<br>| 466858 | 19286123 |
|  | Transcontinental, Inc., <br> Class A<br>| 437449 | 6141222 |
| \*†† | Trevali Mining Corp. | 255929 | 0 |
|  | Triple Flag Precious <br> Metals Corp. (TFPM <br> CN)<br>| 10672 | 296368 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) | MATERIALS — (Continued) |
|  | Triple Flag Precious <br> Metals Corp. (TFPM <br> US)<br>| 205954 | $5717285 |
| \*†† | Victoria Gold <br> Corp./Vancouver<br>| 2100 | 135 |
| \* | Wesdome Gold Mines <br> Ltd.<br>| 748317 | 11289714 |
|  | West Fraser Timber <br> Co. Ltd. (WFG CN)<br>| 33739 | 2059148 |
| # | West Fraser Timber <br> Co. Ltd. (WFG US)<br>| 129791 | 7917251 |
| \* | Western Copper & <br> Gold Corp.<br>| 27900 | 58483 |
| \* | Western Forest <br> Products, Inc.<br>| 39544 | 336362 |
|  | Winpak Ltd. | 173128 | 5310304 |
| TOTAL MATERIALS | TOTAL MATERIALS |  | 663778872 |
| REAL ESTATE — (1.7%) | REAL ESTATE — (1.7%) | REAL ESTATE — (1.7%) | REAL ESTATE — (1.7%) |
|  | Altus Group Ltd. | 204978 | 8420971 |
|  | Colliers International <br> Group, Inc. (CIGI <br> CN)<br>| 12139 | 1936545 |
|  | Colliers International <br> Group, Inc. (CIGI <br> US)<br>| 58864 | 9390574 |
|  | DREAM Unlimited <br> Corp., Class A<br>| 207598 | 2751593 |
|  | FirstService Corp. <br> (FSV CN)<br>| 7697 | 1225220 |
|  | FirstService Corp. <br> (FSV US)<br>| 14305 | 2280360 |
|  | Information Services <br> Corp.<br>| 34805 | 920904 |
|  | Mainstreet Equity <br> Corp.<br>| 30649 | 4124848 |
|  | Melcor Developments <br> Ltd.<br>| 50640 | 532558 |
|  | Morguard Corp. | 19800 | 1642247 |
| \* | Real Matters, Inc. | 1806 | 9477 |
|  | StorageVault Canada, <br> Inc.<br>| 708654 | 2501043 |
| TOTAL REAL ESTATE | TOTAL REAL ESTATE |  | 35736340 |
| UTILITIES — (7.9%) | UTILITIES — (7.9%) | UTILITIES — (7.9%) | UTILITIES — (7.9%) |
| # | Algonquin Power & <br> Utilities Corp. (AQN <br> CN)<br>| 524908 | 2930398 |
|  | Algonquin Power & <br> Utilities Corp. (AQN <br> US)<br>| 3383655 | 18880795 |
|  | AltaGas Ltd. | 28400 | 833644 |

---

934

------

**The Canadian Small Company Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) | UTILITIES — (Continued) |
|  | Atco Ltd., Class I | 390646 | $14720075 |
| # | Boralex, Inc., Class A | 431049 | 8654479 |
|  | Brookfield <br> Infrastructure <br> Corp.,Class A<br>| 410378 | 18594250 |
| # | Canadian Utilities Ltd., <br> Class A<br>| 309994 | 8681733 |
| # | Capital Power Corp. | 711074 | 35996046 |
|  | Maxim Power Corp. | 19290 | 63266 |
| # | Northland Power, Inc. | 1379059 | 25200729 |
|  | Polaris Renewable <br> Energy, Inc.<br>| 123152 | 1143231 |
|  | Superior Plus Corp. | 809701 | 4606905 |
|  | TransAlta Corp.  | 1368099 | 24181080 |
| TOTAL UTILITIES | TOTAL UTILITIES |  | 164486631 |
| TOTAL COMMON <br> STOCKS <br>Cost ($1125994652) | TOTAL COMMON <br> STOCKS <br>Cost ($1125994652) |  | 1901439239 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value†** |
| SECURITIES LENDING COLLATERAL — (8.2%) | SECURITIES LENDING COLLATERAL — (8.2%) | SECURITIES LENDING COLLATERAL — (8.2%) | SECURITIES LENDING COLLATERAL — (8.2%) |
| @§ | The DFA Short Term <br> Investment Fund <br>| 14760383 | $170733348 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $1,296,724,246) | (Cost $1,296,724,246) |  | $2072172587 |

---

As of October 31, 2025, the value of Rule 144A securities amounted to $7,674,457 or 0.4% of net assets.

Summary of the Series' investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Communication Services | &nbsp;&nbsp; $25943643 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $25943643 |
| Consumer Discretionary | &nbsp;&nbsp; 115938875 | &nbsp;&nbsp; $190762 | &nbsp;&nbsp; — | &nbsp;&nbsp; 116129637 |
| Consumer Staples | &nbsp;&nbsp; 54673161 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 54673161 |
| Energy | &nbsp;&nbsp; 322270124 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 322270124 |
| Financials | &nbsp;&nbsp; 116303718 | &nbsp;&nbsp; — | &nbsp;&nbsp; $6614 | &nbsp;&nbsp; 116310332 |
| Health Care | &nbsp;&nbsp; 32378030 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2392 | &nbsp;&nbsp; 32380422 |
| Industrials | &nbsp;&nbsp; 221838650 | &nbsp;&nbsp; 2565 | &nbsp;&nbsp; — | &nbsp;&nbsp; 221841215 |
| Information Technology | &nbsp;&nbsp; 147888862 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 147888862 |
| Materials | &nbsp;&nbsp; 663329964 | &nbsp;&nbsp; 448773 | &nbsp;&nbsp; 135 | &nbsp;&nbsp; 663778872 |
| Real Estate | &nbsp;&nbsp; 35736340 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 35736340 |
| Utilities | &nbsp;&nbsp; 164486631 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 164486631 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 170733348 | &nbsp;&nbsp; — | &nbsp;&nbsp; 170733348 |
| Total Investments in Securities | &nbsp;&nbsp; $1900787998 | &nbsp;&nbsp; $171375448 | &nbsp;&nbsp; $9,141˂˃ | &nbsp;&nbsp; $2072172587 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

935

------

**The Emerging Markets Series**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (98.1%) | COMMON STOCKS — (98.1%) | COMMON STOCKS — (98.1%) | COMMON STOCKS — (98.1%) |
| BRAZIL — (2.6%) | BRAZIL — (2.6%) | BRAZIL — (2.6%) | BRAZIL — (2.6%) |
| # | Ambev SA (ABEV US), <br> ADR<br>| 1798613 | $4154796 |
|  | Ambev SA (ABEV3 <br> BZ)<br>| 162900 | 384847 |
|  | B3 SA - Brasil Bolsa <br> Balcao<br>| 2143694 | 5044502 |
|  | Banco Bradesco SA <br> (BBDC3 BZ)<br>| 247906 | 712852 |
|  | Banco BTG Pactual <br> SA<br>| 303139 | 2750815 |
|  | Banco do Brasil SA | 762709 | 3104736 |
|  | Banco Santander <br> Brasil SA<br>| 1154947 | 6685016 |
|  | BB Seguridade <br> Participacoes SA<br>| 482026 | 2943253 |
|  | Caixa Seguridade <br> Participacoes SA<br>| 207995 | 578757 |
|  | Centrais Eletricas <br> Brasileiras SA<br>| 804990 | 8337260 |
|  | Cia de Saneamento <br> Basico do Estado de <br> Sao Paulo SABESP <br> (SBS US), ADR<br>| 131581 | 3228998 |
|  | Cia de Saneamento <br> Basico do Estado de <br> Sao Paulo SABESP <br> (SBSP3 BZ)<br>| 223400 | 5474181 |
|  | Cia Energetica de <br> Minas Gerais <br> (CMIG3 BZ)<br>| 325604 | 879986 |
|  | Cia Paranaense de <br> Energia - Copel<br>| 638097 | 1554931 |
| # | Cia Paranaense de <br> Energia - Copel, <br> Sponsored ADR<br>| 17400 | 179916 |
|  | Cia Paranaense de <br> Energia - Copel, <br> ADR<br>| 4349 | 42229 |
|  | CPFL Energia SA | 173333 | 1340282 |
|  | Embraer SA (EMBR3 <br> BZ)<br>| 148600 | 2402757 |
|  | Embraer SA (ERJ US), <br> Sponsored ADR<br>| 92800 | 5983744 |
|  | Energisa SA | 302121 | 2910609 |
| \* | Eneva SA | 758411 | 2581159 |
|  | Engie Brasil Energia <br> SA<br>| 188276 | 1399835 |
|  | Equatorial Energia SA | 873086 | 5947751 |
|  | Gerdau SA, Sponsored <br> ADR<br>| 483639 | 1687900 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
| \* | JBS NV, BDR | 206925 | $2749666 |
|  | Klabin SA | 934180 | 3132484 |
|  | Localiza Rent a Car <br> SA<br>| 565888 | 4148481 |
|  | MBRF Global Foods <br> Co. SA<br>| 37800 | 125556 |
|  | Motiva Infraestrutura <br> de Mobilidade SA<br>| 794987 | 2346563 |
|  | Neoenergia SA | 223442 | 1211914 |
|  | Petroleo Brasileiro SA - <br> Petrobras<br>| 2899815 | 16984019 |
|  | Petroleo Brasileiro SA - <br> Petrobras (PBR US), <br> Sponsored ADR<br>| 142561 | 1659410 |
|  | Petroleo Brasileiro SA - <br> Petrobras (PBRA <br> US), Sponsored <br> ADR<br>| 249953 | 2761981 |
|  | Porto Seguro SA | 177474 | 1585075 |
| \* | PRIO SA | 727421 | 4871603 |
|  | Raia Drogasil SA | 916409 | 3406757 |
| Ω | Rede D'Or Sao Luiz <br> SA<br>| 202956 | 1634980 |
|  | Rumo SA | 588690 | 1742013 |
|  | Suzano SA (SUZB3 <br> BZ)<br>| 551843 | 5014843 |
|  | Telefonica Brasil SA <br> (VIVT3 BZ)<br>| 528210 | 3145726 |
|  | TIM SA | 694600 | 3136058 |
|  | TOTVS SA | 265944 | 2193317 |
|  | Ultrapar Participacoes <br> SA (UGPA3 BZ)<br>| 470153 | 1871017 |
|  | Vale SA (VALE US), <br> Sponsored ADR<br>| 328017 | 3965732 |
|  | Vale SA (VALE3 BZ) | 2069828 | 25107472 |
|  | Vibra Energia SA | 865087 | 3827000 |
|  | WEG SA | 556211 | 4352547 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 171285326 |
| CHILE — (0.5%) | CHILE — (0.5%) | CHILE — (0.5%) | CHILE — (0.5%) |
|  | Banco de Chile (BCH <br> US), ADR<br>| 126527 | 4417068 |
|  | Banco de Credito e <br> Inversiones SA<br>| 58961 | 3025954 |
|  | Banco Itau Chile SA | 3022 | 54870 |
| # | Banco Santander Chile <br> (BSAC US), ADR<br>| 83901 | 2407959 |
|  | Banco Santander Chile <br> (BSAN CI)<br>| 5495021 | 397032 |
|  | Cencosud SA | 886788 | 2746748 |

---

936

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHILE — (Continued) | CHILE — (Continued) | CHILE — (Continued) | CHILE — (Continued) |
|  | Cencosud Shopping <br> SA<br>| 415840 | $986195 |
|  | Colbun SA | 1715898 | 257892 |
|  | Embotelladora Andina <br> SA, ADR, Class B<br>| 5680 | 153701 |
|  | Empresas CMPC SA | 1023177 | 1477638 |
|  | Empresas Copec SA | 250716 | 1791010 |
|  | Enel Americas SA <br> (ENELAM CI)<br>| 5547362 | 524455 |
|  | Enel Chile SA <br> (ENELCHIL CI)<br>| 25211588 | 1924345 |
|  | Falabella SA | 319372 | 2011077 |
|  | Latam Airlines Group <br> SA<br>| 72621167 | 1650440 |
| # | Latam Airlines Group <br> SA, ADR<br>| 36447 | 1639750 |
|  | Plaza SA | 463087 | 1303117 |
| #\* | Sociedad Quimica y <br> Minera de Chile SA, <br> Sponsored ADR<br>| 71013 | 3478927 |
| TOTAL CHILE | TOTAL CHILE |  | 30248178 |
| CHINA — (25.7%) | CHINA — (25.7%) | CHINA — (25.7%) | CHINA — (25.7%) |
|  | 360 Security <br> Technology, Inc., <br> Class A<br>| 103400 | 174024 |
|  | 37 Interactive <br> Entertainment <br> Network Technology <br> Group Co. Ltd., <br> Class A<br>| 140663 | 410696 |
|  | Accelink Technologies <br> Co. Ltd., Class A<br>| 36900 | 326058 |
| \* | ADAMA Ltd., Class A | 40900 | 36942 |
| \* | Addsino Co. Ltd., <br> Class A<br>| 48600 | 57191 |
|  | Advanced <br> Micro-Fabrication <br> Equipment, Inc. <br> China, Class A<br>| 3354 | 131769 |
|  | Advanced Technology <br> & Materials Co. Ltd., <br> Class A<br>| 33000 | 98567 |
|  | AECC Aero-Engine <br> Control Co. Ltd., <br> Class A<br>| 53757 | 141845 |
|  | AECC Aviation Power <br> Co. Ltd., Class A<br>| 79700 | 437882 |
|  | Aerospace Intelligent <br> Manufacturing <br> Technology Co. Ltd., <br> Class A<br>| 54800 | 154080 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Agricultural Bank of <br> China Ltd., Class H<br>| 12844000 | $9798392 |
|  | Aier Eye Hospital <br> Group Co. Ltd., <br> Class A<br>| 414281 | 712932 |
| \* | Air China Ltd., <br> Class H<br>| 1822000 | 1338879 |
|  | Aisino Corp., Class A | 136900 | 159980 |
| \*Ω | Akeso, Inc. | 168000 | 2446229 |
|  | Alibaba Group Holding <br> Ltd. (9988 HK)<br>| 4044300 | 86057593 |
| # | Alibaba Group Holding <br> Ltd. (BABA US), <br> Sponsored ADR<br>| 468034 | 79767035 |
| \* | Alibaba Health <br> Information <br> Technology Ltd.<br>| 1738000 | 1296350 |
|  | All Winner Technology <br> Co. Ltd., Class A<br>| 11700 | 75329 |
|  | Aluminum Corp. of <br> China Ltd., Class H<br>| 4888000 | 6215180 |
| \* | Amlogic Shanghai Co. <br> Ltd., Class A<br>| 18181 | 219750 |
|  | An Hui Wenergy Co. <br> Ltd., Class A<br>| 135218 | 155643 |
|  | Andon Health Co. Ltd., <br> Class A<br>| 24300 | 138410 |
|  | Angel Yeast Co. Ltd., <br> Class A<br>| 49800 | 271786 |
|  | Anhui Anke <br> Biotechnology Group <br> Co. Ltd., Class A<br>| 119100 | 182305 |
|  | Anhui Conch Cement <br> Co. Ltd., Class H<br>| 1000000 | 2981463 |
|  | Anhui Gujing Distillery <br> Co. Ltd., Class A<br>| 22616 | 512006 |
|  | Anhui Heli Co. Ltd., <br> Class A<br>| 64900 | 190085 |
|  | Anhui Honglu Steel <br> Construction Group <br> Co. Ltd., Class A<br>| 20700 | 52686 |
| \* | Anhui Jianghuai <br> Automobile Group <br> Corp. Ltd., Class A<br>| 81300 | 583494 |
|  | Anhui Jiangnan <br> Chemical Industry <br> Co. Ltd., Class A<br>| 183900 | 165766 |
|  | Anhui Jinhe Industrial <br> Co. Ltd., Class A<br>| 17700 | 49964 |
|  | Anhui Kouzi Distillery <br> Co. Ltd., Class A<br>| 46700 | 212769 |

---

937

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Anhui XDLK <br> Microsystem Corp. <br> Ltd., Class A<br>| 1897 | $17167 |
|  | Anhui Xinhua Media <br> Co. Ltd., Class A<br>| 42600 | 40116 |
|  | Anhui Yingjia Distillery <br> Co. Ltd., Class A<br>| 41500 | 247207 |
|  | Anhui Yingliu <br> Electromechanical <br> Co. Ltd., Class A<br>| 26500 | 148550 |
|  | Anhui Zhongding <br> Sealing Parts Co. <br> Ltd., Class A<br>| 123900 | 399288 |
|  | Anji Microelectronics <br> Technology <br> Shanghai Co. Ltd., <br> Class A<br>| 7754 | 214606 |
|  | Anjoy Foods Group <br> Co. Ltd., Class A<br>| 19800 | 205642 |
|  | Anker Innovations <br> Technology Co. Ltd., <br> Class A<br>| 24180 | 397668 |
|  | ANTA Sports Products <br> Ltd.<br>| 1243200 | 12976681 |
|  | Apeloa Pharmaceutical <br> Co. Ltd., Class A<br>| 76500 | 167124 |
|  | APT Medical, Inc., <br> Class A<br>| 8179 | 317466 |
|  | Arcsoft Corp. Ltd., <br> Class A<br>| 11355 | 85458 |
| \* | Asia - Potash <br> International <br> Investment <br> Guangzhou Co. Ltd., <br> Class A<br>| 39774 | 233444 |
| \* | ASR Microelectronics <br> Co. Ltd., Class A<br>| 16813 | 220783 |
|  | Asymchem <br> Laboratories Tianjin <br> Co. Ltd., Class A<br>| 12970 | 178818 |
|  | Autel Intelligent <br> Technology Corp. <br> Ltd., Class A<br>| 33752 | 182855 |
|  | Autobio Diagnostics <br> Co. Ltd., Class A<br>| 33300 | 179960 |
|  | Avary Holding <br> Shenzhen Co. Ltd., <br> Class A<br>| 119276 | 879202 |
|  | Avicopter PLC, <br> Class A<br>| 32004 | 162160 |
| \* | BAIC BluePark New <br> Energy Technology <br> Co. Ltd., Class A<br>| 51100 | 59984 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Baidu, Inc. (9888 HK), <br> Class A<br>| 1812350 | $27432143 |
| \* | Baidu, Inc. (BIDU US), <br> Sponsored ADR<br>| 2292 | 277034 |
|  | Baiyin Nonferrous <br> Group Co. Ltd., <br> Class A<br>| 343500 | 255533 |
|  | Bank of Beijing Co. <br> Ltd., Class A<br>| 880308 | 691904 |
|  | Bank of Changsha Co. <br> Ltd., Class A<br>| 328284 | 441789 |
|  | Bank of Chengdu Co. <br> Ltd., Class A<br>| 338750 | 800683 |
|  | Bank of China Ltd., <br> Class H<br>| 32691181 | 18511163 |
|  | Bank of <br> Communications Co. <br> Ltd., Class H<br>| 5191515 | 4611623 |
|  | Bank of Guiyang Co. <br> Ltd., Class A<br>| 181323 | 155015 |
|  | Bank of Hangzhou Co. <br> Ltd., Class A<br>| 356304 | 786367 |
|  | Bank of Jiangsu Co. <br> Ltd., Class A<br>| 1156770 | 1754173 |
|  | Bank of Nanjing Co. <br> Ltd., Class A<br>| 454780 | 723371 |
|  | Bank of Ningbo Co. <br> Ltd., Class A<br>| 274842 | 1095501 |
|  | Bank of Shanghai Co. <br> Ltd., Class A<br>| 573383 | 765295 |
|  | Bank of Suzhou Co. <br> Ltd., Class A<br>| 341360 | 396847 |
|  | Bank of Xi'an Co. Ltd., <br> Class A<br>| 245400 | 134157 |
| \* | Baoding Tianwei <br> Baobian Electric Co. <br> Ltd., Class A<br>| 96000 | 114324 |
|  | Baoji Titanium Industry <br> Co. Ltd., Class A<br>| 29300 | 132011 |
|  | Baoshan Iron & Steel <br> Co. Ltd., Class A<br>| 843900 | 874657 |
|  | BBMG Jidong Cement <br> Group Co. Ltd., <br> Class A<br>| 83200 | 56366 |
|  | Beibuwan Port Co. <br> Ltd., Class A<br>| 144000 | 177331 |
|  | Beijing Aosaikang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 23800 | 65184 |
|  | Beijing Balance <br> Medical Technology <br> Co. Ltd., Class A<br>| 4046 | 65127 |

---

938

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Beijing BDStar <br> Navigation Co. Ltd., <br> Class A<br>| 26700 | $113044 |
|  | Beijing Capital <br> Eco-Environment <br> Protection Group <br> Co. Ltd., Class A<br>| 630560 | 282774 |
| \* | Beijing Compass <br> Technology <br> Development Co. <br> Ltd., Class A<br>| 29145 | 592382 |
|  | Beijing Dabeinong <br> Technology Group <br> Co. Ltd., Class A<br>| 303161 | 175471 |
|  | Beijing Dahao <br> Technology Corp. <br> Ltd., Class A<br>| 35400 | 95248 |
|  | Beijing Easpring <br> Material Technology <br> Co. Ltd., Class A<br>| 20600 | 199879 |
| \* | Beijing E-Hualu <br> Information <br> Technology Co. Ltd., <br> Class A<br>| 20700 | 59348 |
|  | Beijing Enlight Media <br> Co. Ltd., Class A<br>| 107306 | 255778 |
| \* | Beijing Highlander <br> Digital Technology <br> Co. Ltd., Class A<br>| 9300 | 26032 |
| \* | Beijing Hotgen Biotech <br> Co. Ltd., Class A<br>| 2754 | 61964 |
|  | Beijing Huafeng Test & <br> Control Technology <br> Co. Ltd., Class A<br>| 5744 | 161561 |
|  | Beijing Jetsen <br> Technology Co. Ltd., <br> Class A<br>| 173800 | 161938 |
|  | Beijing Jingyi <br> Automation <br> Equipment Co. Ltd., <br> Class A<br>| 4319 | 52671 |
|  | Beijing Kingsoft Office <br> Software, Inc., <br> Class A<br>| 7538 | 380425 |
|  | Beijing New Building <br> Materials PLC, <br> Class A<br>| 115703 | 386617 |
|  | Beijing Originwater <br> Technology Co. Ltd., <br> Class A<br>| 255149 | 156421 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Beijing Roborock <br> Technology Co. Ltd., <br> Class A<br>| 6122 | $140577 |
|  | Beijing Shiji <br> Information <br> Technology Co. Ltd., <br> Class A<br>| 49928 | 69306 |
|  | Beijing Shougang Co. <br> Ltd., Class A<br>| 373100 | 220349 |
|  | Beijing Sifang <br> Automation Co. Ltd., <br> Class A<br>| 46600 | 184433 |
|  | Beijing Sinnet <br> Technology Co. Ltd., <br> Class A<br>| 103088 | 197605 |
|  | Beijing Teamsun <br> Technology Co. Ltd., <br> Class A<br>| 48400 | 130101 |
|  | Beijing Tiantan <br> Biological Products <br> Corp. Ltd., Class A<br>| 118807 | 307692 |
|  | Beijing Tong Ren Tang <br> Co. Ltd., Class A<br>| 37800 | 180032 |
|  | Beijing Ultrapower <br> Software Co. Ltd., <br> Class A<br>| 122700 | 209789 |
|  | Beijing United <br> Information <br> Technology Co. Ltd., <br> Class A<br>| 55486 | 221624 |
|  | Beijing Wandong <br> Medical Technology <br> Co. Ltd., Class A<br>| 13600 | 30353 |
| \* | Beijing Wantai <br> Biological Pharmacy <br> Enterprise Co. Ltd., <br> Class A<br>| 12180 | 96611 |
|  | Beijing Yanjing <br> Brewery Co. Ltd., <br> Class A<br>| 184800 | 305417 |
|  | Beijing Zhong Ke San <br> Huan High-Tech Co. <br> Ltd., Class A<br>| 53900 | 105425 |
|  | Beijing-Shanghai High <br> Speed Railway Co. <br> Ltd., Class A<br>| 1411900 | 1029578 |
| \* | Beiqi Foton Motor Co. <br> Ltd., Class A<br>| 549600 | 231862 |
| \* | Bengang Steel Plates <br> Co. Ltd., Class A<br>| 58000 | 29106 |
| \* | BeOne Medicines Ltd., <br> Class H<br>| 184600 | 4438209 |

---

939

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | BeOne Medicines Ltd. <br> (BGNE US), ADR<br>| 5143 | $1596799 |
|  | Bestechnic Shanghai <br> Co. Ltd., Class A<br>| 992 | 34308 |
|  | Bethel Automotive <br> Safety Systems Co. <br> Ltd., Class A<br>| 26740 | 188765 |
|  | Betta Pharmaceuticals <br> Co. Ltd., Class A<br>| 9306 | 74394 |
| \* | Better Life Commercial <br> Chain Share Co. <br> Ltd., Class A<br>| 147900 | 109148 |
| \* | BGI Genomics Co. <br> Ltd., Class A<br>| 17900 | 123644 |
| #\* | Bilibili, Inc., Sponsored <br> ADR<br>| 4978 | 150584 |
| \* | Biwin Storage <br> Technology Co. Ltd., <br> Class A<br>| 5669 | 104355 |
|  | Bloomage <br> Biotechnology Corp. <br> Ltd. (688363 C1), <br> Class A<br>| 14567 | 110500 |
|  | Bloomage <br> Biotechnology Corp. <br> Ltd. (688363 CH), <br> Class A<br>| 6559 | 49754 |
| \* | Bluefocus Intelligent <br> Communications <br> Group Co. Ltd., <br> Class A<br>| 163380 | 168758 |
|  | Bluestar Adisseo Co., <br> Class A<br>| 80300 | 106189 |
|  | BOC International <br> China Co. Ltd., <br> Class A<br>| 114700 | 226791 |
|  | BOE Technology <br> Group Co. Ltd., <br> Class A<br>| 2350252 | 1341572 |
| \* | Bohai Leasing Co. <br> Ltd., Class A<br>| 526300 | 264409 |
|  | Bright Dairy & Food <br> Co. Ltd., Class A<br>| 66400 | 78033 |
|  | BrightGene <br> Bio-Medical <br> Technology Co. Ltd., <br> Class A<br>| 14978 | 121067 |
|  | BTG Hotels Group Co. <br> Ltd., Class A<br>| 81500 | 166470 |
|  | BYD Co. Ltd., Class H | 2180657 | 28174053 |
| # | BYD Electronic <br> International Co. <br> Ltd.<br>| 55500 | 260552 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | By-health Co. Ltd., <br> Class A<br>| 93100 | $164211 |
|  | Caitong Securities Co. <br> Ltd., Class A<br>| 214590 | 259459 |
|  | Canmax Technologies <br> Co. Ltd., Class A<br>| 48770 | 208383 |
|  | Castech, Inc., Class A | 21000 | 136767 |
|  | Cathay Biotech, Inc., <br> Class A<br>| 16902 | 120731 |
|  | CCCC Design & <br> Consulting Group <br> Co. Ltd., Class A<br>| 107500 | 115858 |
|  | CECEP Solar Energy <br> Co. Ltd., Class A<br>| 221400 | 145027 |
|  | CECEP Wind-Power <br> Corp., Class A<br>| 536160 | 232912 |
|  | Central China Land <br> Media Co. Ltd., <br> Class A<br>| 65400 | 111161 |
| \* | CETC Chips <br> Technology, Inc., <br> Class A<br>| 38100 | 71597 |
|  | CETC Cyberspace <br> Security Technology <br> Co. Ltd., Class A<br>| 33500 | 86111 |
|  | CETC Digital <br> Technology Co. Ltd., <br> Class A<br>| 27800 | 106384 |
|  | CETC Potevio <br> Science&Technology <br> Co. Ltd., Class A<br>| 25300 | 89317 |
| Ω | CGN Power Co. Ltd., <br> Class H<br>| 5876000 | 2328021 |
|  | Changchun High-Tech <br> Industry Group Co. <br> Ltd., Class A<br>| 15000 | 236779 |
|  | Changjiang Securities <br> Co. Ltd., Class A<br>| 255570 | 316939 |
|  | Changzhou Xingyu <br> Automotive Lighting <br> Systems Co. Ltd., <br> Class A<br>| 17100 | 311845 |
|  | Chaozhou Three-Circle <br> Group Co. Ltd., <br> Class A<br>| 70305 | 490699 |
|  | Chengdu Hi-tech <br> Development Co. <br> Ltd., Class A<br>| 7500 | 52773 |
|  | Chengdu Kanghong <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 46500 | 221235 |

---

940

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Chengdu Xingrong <br> Environment Co. <br> Ltd., Class A<br>| 160200 | $159006 |
| \* | Chengxin Lithium <br> Group Co. Ltd., <br> Class A<br>| 43900 | 157340 |
|  | Chifeng Jilong Gold <br> Mining Co. Ltd., <br> Class A<br>| 116900 | 487442 |
|  | China Automotive <br> Engineering <br> Research Institute <br> Co. Ltd., Class A<br>| 72700 | 179018 |
|  | China Baoan Group <br> Co. Ltd., Class A<br>| 144734 | 233122 |
|  | China CITIC Bank <br> Corp. Ltd., Class H<br>| 6640928 | 6336148 |
| # | China Coal Energy Co. <br> Ltd., Class H<br>| 3143777 | 4428462 |
|  | China Coal Xinji <br> Energy Co. Ltd., <br> Class A<br>| 137780 | 140231 |
| \*†† | China Common Rich <br> Renewable Energy <br> Investments Ltd.<br>| 5416000 | 0 |
|  | China Construction <br> Bank Corp., <br> Class H<br>| 42800590 | 42374333 |
|  | China CSSC Holdings <br> Ltd., Class A<br>| 82717 | 417828 |
| #\* | China Eastern Airlines <br> Corp. Ltd., Class H<br>| 1602000 | 822772 |
|  | China Energy <br> Engineering Corp. <br> Ltd. (601868 C1), <br> Class A<br>| 2502824 | 847924 |
|  | China Everbright Bank <br> Co. Ltd., Class H<br>| 2507000 | 1028490 |
|  | China Film Group Co. <br> Ltd., Class A<br>| 54000 | 110523 |
| \* | China First Heavy <br> Industries Co. Ltd., <br> Class A<br>| 235100 | 106411 |
|  | China Galaxy <br> Securities Co. Ltd., <br> Class H<br>| 3763500 | 5414182 |
|  | China Great Wall <br> Securities Co. Ltd., <br> Class A<br>| 65000 | 101062 |
| \* | China Greatwall <br> Technology Group <br> Co. Ltd., Class A<br>| 44900 | 106842 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Green Electricity <br> Investment of Tianjin <br> Co. Ltd., Class A<br>| 95500 | $116901 |
|  | China Hainan Rubber <br> Industry Group Co. <br> Ltd., Class A<br>| 205900 | 163402 |
|  | China Hongqiao Group <br> Ltd.<br>| 3314000 | 12582573 |
| Ω | China International <br> Capital Corp. Ltd., <br> Class H<br>| 1285600 | 3497535 |
|  | China Jushi Co. Ltd., <br> Class A<br>| 302698 | 697364 |
|  | China Kings <br> Resources Group <br> Co. Ltd., Class A<br>| 48020 | 124059 |
|  | China Life Insurance <br> Co. Ltd., Class H<br>| 2686000 | 8470276 |
|  | China Longyuan Power <br> Group Corp. Ltd., <br> Class H<br>| 2911000 | 2695896 |
|  | China Meheco Group <br> Co. Ltd., Class A<br>| 108371 | 171710 |
|  | China Merchants Bank <br> Co. Ltd., Class H<br>| 3045554 | 19091154 |
|  | China Merchants <br> Energy Shipping Co. <br> Ltd., Class A<br>| 607440 | 789014 |
|  | China Merchants <br> Expressway Network <br> & Technology <br> Holdings Co. Ltd., <br> Class A<br>| 148021 | 213520 |
|  | China Merchants <br> Property Operation <br> & Service Co. Ltd., <br> Class A<br>| 35100 | 56553 |
| Ω | China Merchants <br> Securities Co. Ltd., <br> Class H<br>| 422060 | 847387 |
|  | China Merchants <br> Shekou Industrial <br> Zone Holdings Co. <br> Ltd., Class A<br>| 268873 | 357106 |
| # | China Minsheng <br> Banking Corp. Ltd., <br> Class H<br>| 5428100 | 2780893 |
|  | China National <br> Chemical <br> Engineering Co. <br> Ltd., Class A<br>| 283200 | 307760 |

---

941

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China National <br> Medicines Corp. <br> Ltd., Class A<br>| 53800 | $225327 |
|  | China National Nuclear <br> Power Co. Ltd., <br> Class A<br>| 1023390 | 1291814 |
| \* | China National <br> Software & Service <br> Co. Ltd., Class A<br>| 7300 | 53660 |
|  | China Northern Rare <br> Earth Group <br> High-Tech Co. Ltd., <br> Class A<br>| 121700 | 869103 |
|  | China Overseas Land <br> & Investment Ltd.<br>| 3183000 | 5341691 |
|  | China Pacific <br> Insurance Group Co. <br> Ltd., Class H<br>| 2540400 | 10298911 |
|  | China Petroleum & <br> Chemical Corp., <br> Class H<br>| 16266800 | 8652379 |
|  | China Petroleum <br> Engineering Corp., <br> Class A<br>| 220500 | 110411 |
|  | China Publishing & <br> Media Co. Ltd., <br> Class A<br>| 60700 | 58456 |
| # | China Railway Group <br> Ltd., Class H<br>| 2964000 | 1503573 |
|  | China Railway Hi-tech <br> Industry Co. Ltd., <br> Class A<br>| 166300 | 196539 |
|  | China Railway <br> Materials Co. Ltd., <br> Class A<br>| 245800 | 92574 |
| \* | China Rare Earth <br> Resources & <br> Technology Co. Ltd., <br> Class A<br>| 18391 | 136266 |
|  | China Resources Beer <br> Holdings Co. Ltd.<br>| 613111 | 2097163 |
|  | China Resources <br> Double Crane <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 81300 | 220047 |
|  | China Resources Land <br> Ltd.<br>| 3023666 | 10924315 |
|  | China Resources <br> Microelectronics <br> Ltd., Class A<br>| 34190 | 243911 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Ω | China Resources Mixc <br> Lifestyle Services <br> Ltd.<br>| 640800 | $3352741 |
| # | China Resources <br> Power Holdings Co. <br> Ltd.<br>| 1792517 | 4286444 |
|  | China Resources <br> Sanjiu Medical & <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 74964 | 303884 |
|  | China Science <br> Publishing & Media <br> Ltd., Class A<br>| 20500 | 56253 |
| # | China Shenhua Energy <br> Co. Ltd., Class H<br>| 2542000 | 13236657 |
|  | China South Publishing <br> & Media Group Co. <br> Ltd., Class A<br>| 128000 | 217732 |
| #\* | China Southern <br> Airlines Co. Ltd., <br> Class H<br>| 2084000 | 1256720 |
|  | China Southern Power <br> Grid Energy <br> Efficiency&Clean <br> Energy Co. Ltd. <br> (003035 C2), <br> Class A<br>| 107900 | 74747 |
|  | China Southern Power <br> Grid Energy <br> Efficiency&Clean <br> Energy Co. Ltd. <br> (003035 CH), <br> Class A<br>| 58400 | 40456 |
|  | China Southern Power <br> Grid Technology Co. <br> Ltd., Class A<br>| 14866 | 110792 |
|  | China State <br> Construction <br> Engineering Corp. <br> Ltd., Class A<br>| 1756100 | 1340502 |
| #Ω | China Tourism Group <br> Duty Free Corp. Ltd. <br> (1880 HK), Class H<br>| 69600 | 598094 |
|  | China Tourism Group <br> Duty Free Corp. Ltd. <br> (601888 C1), <br> Class A<br>| 13400 | 143344 |
| Ω | China Tower Corp. <br> Ltd., Class H<br>| 5138000 | 7422594 |
| \* | China TransInfo <br> Technology Co. Ltd., <br> Class A<br>| 92200 | 144204 |

---

942

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Tungsten & <br> Hightech Materials <br> Co. Ltd., Class A<br>| 57300 | $188686 |
| \* | China Vanke Co. Ltd., <br> Class H<br>| 206292 | 116873 |
|  | China Wafer <br> Level CSP Co. Ltd., <br> Class A<br>| 22700 | 93766 |
|  | China World Trade <br> Center Co. Ltd., <br> Class A<br>| 41700 | 118212 |
|  | China XD Electric Co. <br> Ltd., Class A<br>| 247800 | 277785 |
|  | China Yangtze Power <br> Co. Ltd., Class A<br>| 756147 | 2987314 |
|  | China Zhenhua Group <br> Science & <br> Technology Co. Ltd., <br> Class A<br>| 24900 | 176497 |
|  | China Zheshang Bank <br> Co. Ltd., Class H<br>| 1917499 | 624652 |
|  | Chinese Universe <br> Publishing & Media <br> Group Co. Ltd., <br> Class A<br>| 63600 | 92796 |
|  | Chongqing Brewery <br> Co. Ltd., Class A<br>| 27100 | 204585 |
|  | Chongqing Changan <br> Automobile Co. Ltd., <br> Class A<br>| 322930 | 562517 |
|  | Chongqing Department <br> Store Co. Ltd., <br> Class A<br>| 16200 | 62253 |
|  | Chongqing Fuling <br> Electric Power <br> Industrial Co. Ltd., <br> Class A<br>| 106000 | 147376 |
|  | Chongqing Fuling <br> Zhacai Group Co. <br> Ltd., Class A<br>| 70500 | 130052 |
| \* | Chongqing Qianli <br> Technology Co. Ltd., <br> Class A<br>| 119500 | 200321 |
|  | Chongqing Rural <br> Commercial Bank <br> Co. Ltd., Class H<br>| 1912000 | 1572414 |
|  | Chongqing Sanfeng <br> Environment Group <br> Corp. Ltd., Class A<br>| 37300 | 44294 |
|  | Chongqing Zhifei <br> Biological Products <br> Co. Ltd., Class A<br>| 92379 | 267306 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Chongqing Zongshen <br> Power Machinery <br> Co. Ltd., Class A<br>| 55800 | $186920 |
|  | Chongyi Zhangyuan <br> Tungsten Industry <br> Co. Ltd., Class A<br>| 54500 | 98801 |
| # | Chow Tai Fook <br> Jewellery Group <br> Ltd.<br>| 1880000 | 3679577 |
|  | Chow Tai Seng <br> Jewellery Co. Ltd., <br> Class A<br>| 93700 | 182282 |
|  | CIG Shanghai Co. Ltd., <br> Class A<br>| 2800 | 40366 |
|  | CITIC Heavy Industries <br> Co. Ltd., Class A<br>| 226600 | 239349 |
|  | CITIC Ltd. | 3238000 | 5004750 |
|  | CITIC Securities Co. <br> Ltd., Class H<br>| 1014300 | 3861529 |
| # | CMOC Group Ltd., <br> Class H<br>| 3870966 | 8380476 |
|  | CMST Development <br> Co. Ltd., Class A<br>| 68400 | 57206 |
|  | CNGR Advanced <br> Material Co. Ltd., <br> Class A<br>| 43300 | 280192 |
|  | CNOOC Energy <br> Technology & <br> Services Ltd., <br> Class A<br>| 655100 | 359322 |
|  | COFCO Capital <br> Holdings Co. Ltd., <br> Class A<br>| 69100 | 123390 |
|  | COFCO Sugar Holding <br> Co. Ltd., Class A<br>| 173300 | 380962 |
| \* | COL Group Co. Ltd., <br> Class A<br>| 15600 | 62242 |
|  | Contemporary <br> Amperex Technology <br> Co. Ltd., Class A<br>| 236916 | 12953394 |
| # | COSCO SHIPPING <br> Holdings Co. Ltd., <br> Class H<br>| 3712799 | 6438851 |
|  | COSCO SHIPPING <br> Specialized Carriers <br> Co. Ltd., Class A<br>| 161900 | 165611 |
|  | CRRC Corp. Ltd., <br> Class H<br>| 2592000 | 1966852 |
|  | Crystal Clear <br> Electronic Material <br> Co. Ltd., Class A<br>| 32900 | 80689 |
| Ω | CSC Financial Co. <br> Ltd., Class H<br>| 627500 | 1064411 |

---

943

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | CSPC Innovation <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 34820 | $173352 |
|  | CSPC Pharmaceutical <br> Group Ltd.<br>| 6511200 | 6413482 |
|  | CSSC Science & <br> Technology Co. Ltd., <br> Class A<br>| 65900 | 110955 |
|  | Dajin Heavy Industry <br> Co. Ltd., Class A<br>| 32200 | 227723 |
|  | Daqin Railway Co. <br> Ltd., Class A<br>| 577460 | 465131 |
|  | DaShenLin <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 73600 | 189122 |
|  | DBG Technology Co. <br> Ltd., Class A<br>| 30900 | 133861 |
|  | Deppon Logistics Co. <br> Ltd., Class A<br>| 61400 | 128800 |
|  | DHC Software Co. <br> Ltd., Class A<br>| 118900 | 172746 |
|  | Digital China Group <br> Co. Ltd., Class A<br>| 55900 | 338411 |
|  | Do-Fluoride New <br> Materials Co. Ltd., <br> Class A<br>| 30620 | 122245 |
|  | Dong-E-E-Jiao Co. <br> Ltd., Class A<br>| 42611 | 284328 |
|  | Dongfang Electronics <br> Co. Ltd., Class A<br>| 58600 | 98055 |
|  | DongFeng Automobile <br> Co. Ltd., Class A<br>| 82400 | 89615 |
|  | Dongguan <br> Development <br> Holdings Co. Ltd., <br> Class A<br>| 47800 | 79202 |
|  | Dongxing Securities <br> Co. Ltd., Class A<br>| 154418 | 274998 |
|  | Double Medical <br> Technology, Inc., <br> Class A<br>| 12600 | 88531 |
| \* | Doushen Beijing <br> Education & <br> Technology, Inc., <br> Class A<br>| 20800 | 20585 |
|  | East Money <br> Information Co. Ltd., <br> Class A<br>| 396373 | 1421932 |
|  | Eastern <br> Communications Co. <br> Ltd., Class A<br>| 30500 | 56119 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Easyhome New Retail <br> Group Co. Ltd., <br> Class A<br>| 459300 | $186560 |
|  | Ecovacs Robotics Co. <br> Ltd., Class A<br>| 18200 | 228840 |
|  | Electric Connector <br> Technology Co. Ltd., <br> Class A<br>| 19200 | 135856 |
|  | ENN Energy Holdings <br> Ltd.<br>| 405800 | 3535845 |
|  | ENN Natural Gas Co. <br> Ltd., Class A<br>| 170300 | 467302 |
|  | Eoptolink Technology, <br> Inc. Ltd., Class A<br>| 14140 | 679386 |
|  | Espressif Systems <br> Shanghai Co. Ltd., <br> Class A<br>| 4245 | 99736 |
| \* | Estun Automation Co. <br> Ltd., Class A<br>| 30700 | 108642 |
|  | Eve Energy Co. Ltd., <br> Class A<br>| 67905 | 794170 |
| Ω | Everbright Securities <br> Co. Ltd., Class H<br>| 165200 | 207447 |
|  | EverProX Technologies <br> Co. Ltd., Class A<br>| 8500 | 119104 |
|  | Explosive Co. Ltd., <br> Class A<br>| 48437 | 94147 |
|  | Eyebright Medical <br> Technology Beijing <br> Co. Ltd., Class A<br>| 3000 | 27352 |
|  | Fangda Carbon New <br> Material Co. Ltd., <br> Class A<br>| 216840 | 187759 |
| \* | Far East Smarter <br> Energy Co. Ltd., <br> Class A<br>| 63000 | 69043 |
| \* | Farasis Energy Gan <br> Zhou Co. Ltd., <br> Class A<br>| 74650 | 187108 |
|  | FAW Jiefang Group <br> Co. Ltd., Class A<br>| 126700 | 127925 |
|  | Ferrotec Anhui <br> Technology <br> Development Co. <br> Ltd., Class A<br>| 16900 | 92729 |
|  | Fiberhome <br> Telecommunication <br> Technologies Co. <br> Ltd., Class A<br>| 61100 | 208699 |
|  | Fibocom Wireless, Inc., <br> Class A<br>| 23000 | 88258 |
|  | First Capital Securities <br> Co. Ltd., Class A<br>| 102400 | 111447 |

---

944

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Focus Media <br> Information <br> Technology Co. Ltd., <br> Class A<br>| 640697 | $697357 |
|  | Foryou Corp., Class A | 27600 | 122891 |
|  | Foshan Haitian <br> Flavouring & Food <br> Co. Ltd., Class A<br>| 107867 | 578105 |
|  | Founder Securities Co. <br> Ltd., Class A<br>| 240300 | 278073 |
|  | Foxconn Industrial <br> Internet Co. Ltd., <br> Class A<br>| 494100 | 4982799 |
|  | Fujian Funeng Co. <br> Ltd., Class A<br>| 185070 | 263070 |
|  | Fujian Star-net <br> Communication Co. <br> Ltd., Class A<br>| 23900 | 89938 |
|  | Fujian Sunner <br> Development Co. <br> Ltd., Class A<br>| 87680 | 208847 |
|  | Fulin Precision Co. <br> Ltd., Class A<br>| 30660 | 84435 |
| Ω | Fuyao Glass Industry <br> Group Co. Ltd., <br> Class H<br>| 578800 | 5154404 |
|  | Gan & Lee <br> Pharmaceuticals Co. <br> Ltd., Class A<br>| 17800 | 169881 |
|  | Gansu Energy <br> Chemical Co. Ltd., <br> Class A<br>| 188500 | 68622 |
|  | Gaona Aero Material <br> Co. Ltd., Class A<br>| 24400 | 56832 |
|  | G-bits Network <br> Technology Xiamen <br> Co. Ltd., Class A<br>| 4700 | 312372 |
|  | GCL Energy <br> Technology Co. Ltd., <br> Class A<br>| 113600 | 170921 |
| \* | GCL System <br> Integration <br> Technology Co. Ltd., <br> Class A<br>| 195100 | 68245 |
|  | GD Power <br> Development Co. <br> Ltd., Class A<br>| 672300 | 499999 |
|  | Geely Automobile <br> Holdings Ltd.<br>| 6114000 | 14504301 |
|  | GEM Co. Ltd., Class A | 272276 | 325872 |
| \* | Gemdale Corp., <br> Class A<br>| 216900 | 119261 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Geovis Technology Co. <br> Ltd., Class A<br>| 22022 | $126281 |
|  | GEPIC Energy <br> Development Co. <br> Ltd., Class A<br>| 113200 | 110865 |
|  | GF Securities Co. Ltd., <br> Class H<br>| 905400 | 2185829 |
|  | Giant Network Group <br> Co. Ltd., Class A<br>| 107800 | 531766 |
|  | Giantec Semiconductor <br> Corp., Class A<br>| 1774 | 41368 |
|  | GigaDevice <br> Semiconductor, Inc., <br> Class A<br>| 16874 | 521965 |
|  | Ginlong Technologies <br> Co. Ltd., Class A<br>| 31325 | 354044 |
|  | Glarun Technology Co. <br> Ltd., Class A<br>| 69600 | 279398 |
|  | GoerTek, Inc., Class A | 169200 | 780278 |
|  | Goke Microelectronics <br> Co. Ltd., Class A<br>| 9000 | 112956 |
|  | Goneo Group Co. Ltd., <br> Class A<br>| 38248 | 234840 |
| \* | GoodWe Technologies <br> Co. Ltd. (688390 <br> C1), Class A<br>| 6260 | 53544 |
|  | Gotion High-tech Co. <br> Ltd., Class A<br>| 51100 | 327170 |
| \* | Grace Fabric <br> Technology Co. Ltd., <br> Class A<br>| 9700 | 48289 |
|  | Grandblue <br> Environment Co. <br> Ltd., Class A<br>| 44300 | 175164 |
| \* | Grandjoy Holdings <br> Group Co. Ltd., <br> Class A<br>| 125600 | 52495 |
|  | Great Wall Motor Co. <br> Ltd., Class H<br>| 2316000 | 4479516 |
|  | Gree Electric <br> Appliances, Inc. of <br> Zhuhai, Class A<br>| 175733 | 982642 |
|  | GRG Banking <br> Equipment Co. Ltd., <br> Class A<br>| 102500 | 185141 |
|  | Grinm Advanced <br> Materials Co. Ltd., <br> Class A<br>| 28100 | 89677 |
|  | Guangdong Advertising <br> Group Co. Ltd., <br> Class A<br>| 83700 | 100062 |

---

945

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guangdong Aofei Data <br> Technology Co. Ltd., <br> Class A<br>| 42500 | $121167 |
|  | Guangdong <br> Construction <br> Engineering Group <br> Co. Ltd., Class A<br>| 289000 | 155594 |
| \* | Guangdong Create <br> Century Intelligent <br> Equipment Group <br> Corp. Ltd., Class A<br>| 65700 | 92354 |
|  | Guangdong Dongfang <br> Precision Science & <br> Technology Co. Ltd., <br> Class A<br>| 14200 | 37951 |
|  | Guangdong Dowstone <br> Technology Co. Ltd., <br> Class A<br>| 35100 | 121652 |
|  | Guangdong Electric <br> Power Development <br> Co. Ltd., Class A<br>| 60800 | 40604 |
|  | Guangdong Fenghua <br> Advanced <br> Technology Holding <br> Co. Ltd., Class A<br>| 70200 | 167062 |
|  | Guangdong Haid <br> Group Co. Ltd., <br> Class A<br>| 91500 | 750928 |
| \* | Guangdong HEC <br> Technology Holding <br> Co. Ltd., Class A<br>| 89700 | 271215 |
|  | Guangdong Hongda <br> Holdings Group Co. <br> Ltd., Class A<br>| 51700 | 291563 |
| \* | Guangdong Jia Yuan <br> Technology Shares <br> Co. Ltd., Class A<br>| 4455 | 26616 |
|  | Guangdong Marubi <br> Biotechnology Co. <br> Ltd., Class A<br>| 7100 | 34455 |
|  | Guangdong Provincial <br> Expressway <br> Development Co. <br> Ltd., Class A<br>| 154400 | 252013 |
| \* | Guangdong Topstar <br> Technology Co. Ltd., <br> Class A<br>| 17200 | 80229 |
|  | Guangdong Xinbao <br> Electrical Appliances <br> Holdings Co. Ltd., <br> Class A<br>| 23400 | 49756 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guangdong <br> Zhongsheng <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 36200 | $98378 |
|  | Guanghui Energy Co. <br> Ltd., Class A<br>| 439400 | 325513 |
| \* | Guangxi Huaxi <br> Nonferrous Metal <br> Co. Ltd., Class A<br>| 35400 | 159865 |
|  | Guangxi Liugong <br> Machinery Co. Ltd., <br> Class A<br>| 126700 | 207353 |
|  | Guangzhou Baiyun <br> International Airport <br> Co. Ltd., Class A<br>| 157800 | 216872 |
|  | Guangzhou <br> Development Group, <br> Inc., Class A<br>| 188600 | 182127 |
| \* | Guangzhou Great <br> Power Energy & <br> Technology Co. Ltd., <br> Class A<br>| 21300 | 149688 |
|  | Guangzhou Haige <br> Communications <br> Group, Inc. Co., <br> Class A<br>| 96352 | 158526 |
|  | Guangzhou Port Co. <br> Ltd., Class A<br>| 200000 | 94442 |
|  | Guangzhou Shiyuan <br> Electronic <br> Technology Co. Ltd., <br> Class A<br>| 11000 | 64543 |
|  | Guangzhou Tinci <br> Materials Technology <br> Co. Ltd., Class A<br>| 94140 | 527644 |
|  | Guangzhou Yuexiu <br> Capital Holdings <br> Group Co. Ltd., <br> Class A<br>| 206204 | 234617 |
|  | Guangzhou Zhujiang <br> Brewery Co. Ltd., <br> Class A<br>| 94900 | 125129 |
|  | Guizhou Chanhen <br> Chemical Corp., <br> Class A<br>| 32800 | 157424 |
| \* | Guocheng Mining Co. <br> Ltd., Class A<br>| 42800 | 109171 |
|  | Guosen Securities Co. <br> Ltd., Class A<br>| 186700 | 368635 |
| \* | Guosheng Securities, <br> Inc., Class A<br>| 141700 | 417637 |

---

946

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Ω | Guotai Haitong <br> Securities Co. Ltd., <br> Class H<br>| 1771552 | $3394522 |
|  | Guoyuan Securities <br> Co. Ltd., Class A<br>| 208440 | 256788 |
|  | H World Group Ltd. <br> (1179 HK)<br>| 440300 | 1707323 |
| # | H World Group Ltd. <br> (HTHT US), ADR<br>| 25939 | 1001245 |
|  | Haier Smart Home Co. <br> Ltd. (600690 C1), <br> Class A<br>| 240600 | 907277 |
|  | Haier Smart Home Co. <br> Ltd. (6690 HK), <br> Class H<br>| 2234200 | 7265359 |
| \* | Hainan Haide Capital <br> Management Co. <br> Ltd., Class A<br>| 59800 | 63094 |
|  | Hainan Jinpan Smart <br> Technology Co. Ltd., <br> Class A<br>| 24362 | 234375 |
|  | Hainan Mining Co. <br> Ltd., Class A<br>| 98900 | 135694 |
|  | Hainan Strait Shipping <br> Co. Ltd., Class A<br>| 139000 | 264482 |
|  | Haisco Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 22300 | 177666 |
|  | Hand Enterprise <br> Solutions Co. Ltd., <br> Class A<br>| 36100 | 91888 |
|  | Hangcha Group Co. <br> Ltd., Class A<br>| 103180 | 416854 |
| \* | Hangjin Technology <br> Co. Ltd., Class A<br>| 21800 | 66133 |
|  | Hangzhou Binjiang <br> Real Estate Group <br> Co. Ltd., Class A<br>| 177900 | 265821 |
|  | Hangzhou Chang <br> Chuan Technology <br> Co. Ltd., Class A<br>| 18394 | 216183 |
|  | Hangzhou Dptech <br> Technologies Co. <br> Ltd., Class A<br>| 17100 | 57276 |
|  | Hangzhou First Applied <br> Material Co. Ltd., <br> Class A<br>| 122229 | 269788 |
|  | Hangzhou GreatStar <br> Industrial Co. Ltd.<br>| 103300 | 447683 |
|  | Hangzhou Honghua <br> Digital Technology <br> Stock Co. Ltd., <br> Class A<br>| 8742 | 100555 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Hangzhou Iron & Steel <br> Co., Class A<br>| 198300 | $254389 |
| \* | Hangzhou Lion <br> Microelectronics Co. <br> Ltd., Class A<br>| 31400 | 154684 |
|  | Hangzhou Oxygen <br> Plant Group Co. <br> Ltd., Class A<br>| 57000 | 221379 |
|  | Hangzhou Robam <br> Appliances Co. Ltd., <br> Class A<br>| 55321 | 152034 |
|  | Hangzhou Shunwang <br> Technology Co. Ltd., <br> Class A<br>| 29000 | 89974 |
|  | Hangzhou Silan <br> Microelectronics Co. <br> Ltd., Class A<br>| 24622 | 110270 |
|  | Han's Laser <br> Technology Industry <br> Group Co. Ltd., <br> Class A<br>| 21917 | 126905 |
| Ω | Hansoh <br> Pharmaceutical <br> Group Co. Ltd.<br>| 876000 | 4021456 |
|  | Hanwei Electronics <br> Group Corp., <br> Class A<br>| 11800 | 93311 |
|  | Haohua Chemical <br> Science & <br> Technology Co. Ltd., <br> Class A<br>| 28200 | 125635 |
|  | Harbin Boshi <br> Automation Co. Ltd., <br> Class A<br>| 57200 | 129888 |
| \* | Hebei Changshan <br> Biochemical <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 11200 | 104390 |
|  | Hebei Hengshui <br> Laobaigan Liquor <br> Co. Ltd., Class A<br>| 71100 | 168903 |
|  | Hebei Sinopack <br> Electronic <br> Technology Co. Ltd., <br> Class A<br>| 2700 | 21635 |
|  | Hebei Yangyuan Zhihui <br> Beverage Co. Ltd., <br> Class A<br>| 80600 | 318488 |
|  | Hefei Meiya <br> Optoelectronic <br> Technology, Inc., <br> Class A<br>| 48300 | 138010 |

---

947

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Heilongjiang <br> Agriculture Co. Ltd., <br> Class A<br>| 93505 | $189880 |
|  | Henan Lingrui <br> Pharmaceutical Co., <br> Class A<br>| 7827 | 24964 |
|  | Henan Mingtai Al <br> Industrial Co. Ltd., <br> Class A<br>| 86000 | 182128 |
|  | Henan Pinggao <br> Electric Co. Ltd., <br> Class A<br>| 73700 | 182957 |
|  | Henan Shenhuo Coal <br> Industry & Electricity <br> Power Co. Ltd., <br> Class A<br>| 233000 | 809518 |
|  | Henan Shijia Photons <br> Technology Co. Ltd., <br> Class A<br>| 8241 | 79148 |
|  | Henan Shuanghui <br> Investment & <br> Development Co. <br> Ltd., Class A<br>| 169629 | 613806 |
| \* | Henan Zhongfu <br> Industry Co. Ltd., <br> Class A<br>| 273100 | 261248 |
|  | Hengbao Co. Ltd., <br> Class A<br>| 13200 | 40562 |
|  | Hengdian Group <br> DMEGC Magnetics <br> Co. Ltd., Class A<br>| 103021 | 306558 |
|  | Hengli Petrochemical <br> Co. Ltd., Class A<br>| 402600 | 1016144 |
|  | Hengtong Optic-electric <br> Co. Ltd., Class A<br>| 141800 | 445772 |
|  | Hengyi Petrochemical <br> Co. Ltd., Class A<br>| 157788 | 148622 |
|  | Hesteel Co. Ltd., <br> Class A<br>| 712353 | 251341 |
|  | Hexing Electrical Co. <br> Ltd., Class A<br>| 18900 | 89767 |
|  | Hisense Visual <br> Technology Co. Ltd., <br> Class A<br>| 66700 | 232388 |
|  | Hithink RoyalFlush <br> Information Network <br> Co. Ltd., Class A<br>| 16481 | 840533 |
|  | HLA Group Corp. Ltd., <br> Class A<br>| 305600 | 265982 |
|  | Hongfa Technology Co. <br> Ltd., Class A<br>| 8400 | 35979 |
|  | Hongta Securities Co. <br> Ltd., Class A<br>| 97320 | 119924 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Hongyuan Green <br> Energy Co. Ltd., <br> Class A<br>| 38200 | $158332 |
|  | Hoshine Silicon <br> Industry Co. Ltd., <br> Class A<br>| 30600 | 213340 |
| \*Ω | Hua Hong <br> Semiconductor Ltd., <br> Class H<br>| 279000 | 2859802 |
|  | Huaan Securities Co. <br> Ltd., Class A<br>| 345700 | 322167 |
|  | Huada Automotive <br> Technology Corp. <br> Ltd., Class A<br>| 21100 | 129415 |
|  | Huadong Medicine Co. <br> Ltd., Class A<br>| 98400 | 574644 |
|  | Huafon Chemical Co. <br> Ltd., Class A<br>| 294683 | 371705 |
|  | Huagong Tech Co. <br> Ltd., Class A<br>| 30400 | 341113 |
|  | Huaibei Mining <br> Holdings Co. Ltd., <br> Class A<br>| 178800 | 333762 |
|  | Hualan Biological <br> Engineering, Inc., <br> Class A<br>| 69200 | 156819 |
|  | Huaming Power <br> Equipment Co. Ltd., <br> Class A<br>| 47800 | 175362 |
| # | Huaneng Power <br> International, Inc., <br> Class H<br>| 3914000 | 3233396 |
| Ω | Huatai Securities Co. <br> Ltd., Class H<br>| 1102600 | 2772032 |
|  | Huaxi Securities Co. <br> Ltd., Class A<br>| 175000 | 248314 |
|  | Huaxia Bank Co. Ltd., <br> Class A<br>| 604256 | 578443 |
|  | Huayu Automotive <br> Systems Co. Ltd., <br> Class A<br>| 147200 | 422730 |
|  | Hubei Dinglong Co. <br> Ltd., Class A<br>| 44900 | 223679 |
|  | Hubei Energy Group <br> Co. Ltd., Class A<br>| 227983 | 151570 |
|  | Hubei Feilihua Quartz <br> Glass Co. Ltd., <br> Class A<br>| 21200 | 233084 |
|  | Hubei Jumpcan <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 61548 | 216780 |

---

948

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Hubei Xingfa <br> Chemicals Group <br> Co. Ltd., Class A<br>| 79300 | $318418 |
|  | Hubei Yihua Chemical <br> Industry Co. Ltd., <br> Class A<br>| 78700 | 153552 |
|  | Huizhou Desay Sv <br> Automotive Co. Ltd., <br> Class A<br>| 23500 | 392067 |
|  | Humanwell Healthcare <br> Group Co. Ltd., <br> Class A<br>| 94300 | 280077 |
|  | Hunan Gold Corp. Ltd., <br> Class A<br>| 61880 | 188534 |
| \* | Hunan Silver Co. Ltd., <br> Class A<br>| 120400 | 109115 |
|  | Hunan Valin Steel Co. <br> Ltd., Class A<br>| 497400 | 403665 |
|  | Hunan Zhongke <br> Electric Co. Ltd., <br> Class A<br>| 20100 | 73098 |
|  | Hundsun Technologies, <br> Inc., Class A<br>| 59229 | 262023 |
| \* | Hybio Pharmaceutical <br> Co. Ltd., Class A<br>| 7500 | 22252 |
| \* | Hytera <br> Communications <br> Corp. Ltd., Class A<br>| 86945 | 140741 |
|  | IEIT Systems Co. Ltd., <br> Class A<br>| 47584 | 435878 |
|  | Iflytek Co. Ltd., <br> Class A<br>| 66700 | 521569 |
|  | IKD Co. Ltd., Class A | 77400 | 246356 |
|  | Imeik Technology <br> Development Co. <br> Ltd., Class A<br>| 11833 | 266137 |
|  | Industrial & <br> Commercial Bank of <br> China Ltd., Class H<br>| 28097185 | 21769669 |
|  | Industrial Bank Co. <br> Ltd., Class A<br>| 918539 | 2613495 |
|  | Industrial Securities <br> Co. Ltd., Class A<br>| 270848 | 262143 |
|  | INESA Intelligent Tech, <br> Inc., Class A<br>| 38400 | 108128 |
|  | Infore Environment <br> Technology Group <br> Co. Ltd., Class A<br>| 233424 | 225953 |
|  | Ingenic Semiconductor <br> Co. Ltd., Class A<br>| 13600 | 165900 |
|  | Inner Mongolia BaoTou <br> Steel Union Co. Ltd., <br> Class A<br>| 1386020 | 494981 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Inner Mongolia Berun <br> Chemical Co. Ltd., <br> Class A<br>| 328100 | $311656 |
|  | Inner Mongolia Dian <br> Tou Energy Corp. <br> Ltd., Class A<br>| 260100 | 924069 |
|  | Inner Mongolia <br> ERDOS Resources <br> Co. Ltd., Class A<br>| 113756 | 176932 |
|  | Inner Mongolia <br> Junzheng Energy & <br> Chemical Industry <br> Group Co. Ltd., <br> Class A<br>| 481803 | 350126 |
|  | Inner Mongolia Xingye <br> Silver&Tin Mining <br> Co. Ltd., Class A<br>| 122500 | 525513 |
|  | Inner Mongolia Yili <br> Industrial Group Co. <br> Ltd., Class A<br>| 295000 | 1137299 |
| \*Ω | Innovent Biologics, <br> Inc.<br>| 485500 | 5446141 |
|  | Intco Medical <br> Technology Co. Ltd., <br> Class A<br>| 33900 | 188407 |
|  | iRay Group, Class A | 8561 | 130670 |
| \* | IRICO Display Devices <br> Co. Ltd., Class A<br>| 274400 | 226098 |
| \* | JA Solar Technology <br> Co. Ltd., Class A<br>| 235104 | 465194 |
|  | Jafron Biomedical Co. <br> Ltd., Class A<br>| 51100 | 146412 |
|  | Jason Furniture <br> Hangzhou Co. Ltd., <br> Class A<br>| 50280 | 217742 |
|  | JCET Group Co. Ltd., <br> Class A<br>| 100900 | 567959 |
|  | JCHX Mining <br> Management Co. <br> Ltd., Class A<br>| 43000 | 395214 |
| \*Ω | JD Health <br> International, Inc.<br>| 829900 | 6478153 |
| \*Ω | JD Logistics, Inc. | 651900 | 1062729 |
|  | JD.com, Inc. (9618 <br> HK), Class A<br>| 1753521 | 28950589 |
|  | JD.com, Inc. (JD US), <br> ADR<br>| 116630 | 3853455 |
|  | Jiangling Motors Corp. <br> Ltd., Class A<br>| 32100 | 90627 |
|  | Jiangsu Azure Corp., <br> Class A<br>| 51100 | 137993 |

---

949

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangsu Broadcasting <br> Cable Information <br> Network Corp. Ltd., <br> Class A<br>| 316100 | $162976 |
|  | Jiangsu Changshu <br> Rural Commercial <br> Bank Co. Ltd., <br> Class A<br>| 284806 | 282397 |
|  | Jiangsu Cnano <br> Technology Co. Ltd., <br> Class A<br>| 14744 | 118914 |
| \* | Jiangsu Eastern <br> Shenghong Co. Ltd., <br> Class A<br>| 213640 | 277766 |
|  | Jiangsu Etern Co. Ltd., <br> Class A<br>| 45100 | 94643 |
|  | Jiangsu Expressway <br> Co. Ltd., Class H<br>| 422000 | 513612 |
|  | Jiangsu Financial <br> Leasing Co. Ltd., <br> Class A<br>| 187300 | 160657 |
|  | Jiangsu Guotai <br> International Group <br> Co. Ltd., Class A<br>| 100300 | 131691 |
|  | Jiangsu Guoxin Corp. <br> Ltd., Class A<br>| 88700 | 102619 |
|  | Jiangsu Haili Wind <br> Power Equipment <br> Technology Co. Ltd., <br> Class A<br>| 8000 | 96110 |
|  | Jiangsu Hengli <br> Hydraulic Co. Ltd., <br> Class A<br>| 48686 | 657565 |
|  | Jiangsu Hengrui <br> Pharmaceuticals Co. <br> Ltd., Class A<br>| 86475 | 779033 |
| \* | Jiangsu Hoperun <br> Software Co. Ltd., <br> Class A<br>| 22300 | 193102 |
|  | Jiangsu Jiejie <br> Microelectronics Co. <br> Ltd., Class A<br>| 37380 | 151564 |
|  | Jiangsu King's Luck <br> Brewery JSC Ltd., <br> Class A<br>| 67812 | 369964 |
|  | Jiangsu Leili Motor Co. <br> Ltd., Class A<br>| 15800 | 121750 |
|  | Jiangsu Lihua Foods <br> Group Co. Ltd.<br>| 49500 | 145707 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangsu Nata <br> Opto-electronic <br> Material Co. Ltd., <br> Class A<br>| 32388 | $180009 |
|  | Jiangsu Nhwa <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 65800 | 232924 |
|  | Jiangsu Pacific Quartz <br> Co. Ltd., Class A<br>| 22052 | 127902 |
|  | Jiangsu Phoenix <br> Publishing & Media <br> Corp. Ltd., Class A<br>| 158200 | 224118 |
|  | Jiangsu Provincial <br> Agricultural <br> Reclamation & <br> Development Corp., <br> Class A<br>| 41600 | 54395 |
|  | Jiangsu Shagang Co. <br> Ltd., Class A<br>| 69200 | 56250 |
|  | Jiangsu Shemar <br> Electric Co. Ltd., <br> Class A<br>| 11200 | 61026 |
|  | Jiangsu Xinquan <br> Automotive Trim Co. <br> Ltd., Class A<br>| 27200 | 295687 |
|  | Jiangsu Yanghe <br> Distillery Co. Ltd., <br> Class A<br>| 35090 | 349244 |
|  | Jiangsu Yangnong <br> Chemical Co. Ltd., <br> Class A<br>| 28756 | 262723 |
|  | Jiangsu Yoke <br> Technology Co. Ltd., <br> Class A<br>| 18462 | 200517 |
|  | Jiangsu Yuyue Medical <br> Equipment & Supply <br> Co. Ltd., Class A<br>| 59700 | 302326 |
|  | Jiangsu Zhongtian <br> Technology Co. Ltd., <br> Class A<br>| 159700 | 380285 |
|  | Jiangxi Copper Co. <br> Ltd., Class H<br>| 559000 | 2332394 |
|  | Jiangxi Lianchuang <br> Optoelectronic <br> Science & <br> Technology Co. Ltd., <br> Class A<br>| 12900 | 114155 |
| \* | Jiangxi Special Electric <br> Motor Co. Ltd., <br> Class A<br>| 63400 | 100825 |

---

950

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangzhong <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 8300 | $24945 |
| \* | Jianshe Industry Group <br> Yunnan Co. Ltd., <br> Class A<br>| 10800 | 44087 |
|  | Jiayou International <br> Logistics Co. Ltd., <br> Class A<br>| 107996 | 213194 |
| \* | Jihua Group Corp. <br> Ltd., Class A<br>| 243400 | 123545 |
|  | Jilin Aodong <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 84200 | 254196 |
|  | Jilin Electric Power Co. <br> Ltd., Class A<br>| 153400 | 126375 |
|  | Jinduicheng <br> Molybdenum Co. <br> Ltd., Class A<br>| 238600 | 503991 |
|  | Jinneng Holding <br> Shanxi Coal Industry <br> Co. Ltd., Class A<br>| 140700 | 297445 |
|  | JiuGui Liquor Co. Ltd., <br> Class A<br>| 8800 | 78681 |
|  | Jizhong Energy <br> Resources Co. Ltd., <br> Class A<br>| 238300 | 205356 |
|  | Joincare <br> Pharmaceutical <br> Group Industry Co. <br> Ltd., Class A<br>| 131355 | 224550 |
|  | Jointown <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 246325 | 176577 |
|  | Jonjee Hi-Tech <br> Industrial & <br> Commercial Holding <br> Co. Ltd., Class A<br>| 50800 | 130126 |
|  | Juneyao Airlines Co. <br> Ltd., Class A<br>| 206240 | 375692 |
| \* | Jushri Technologies, <br> Inc., Class A<br>| 13100 | 46944 |
|  | Kaishan Group Co. <br> Ltd., Class A<br>| 41500 | 93552 |
|  | Keboda Technology <br> Co. Ltd., Class A<br>| 11400 | 124305 |
|  | Keda Industrial Group <br> Co. Ltd., Class A<br>| 105200 | 193831 |
|  | Kehua Data Co. Ltd., <br> Class A<br>| 32100 | 246661 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Keli Sensing <br> Technology Ningbo <br> Co. Ltd., Class A<br>| 9900 | $94965 |
|  | KingClean Electric Co. <br> Ltd., Class A<br>| 11700 | 42138 |
|  | Kingfa Sci & Tech Co. <br> Ltd., Class A<br>| 147900 | 420519 |
|  | Kingnet Network Co. <br> Ltd., Class A<br>| 134600 | 450554 |
|  | Kingsemi Co. Ltd., <br> Class A<br>| 4797 | 80903 |
|  | Konfoong Materials <br> International Co. <br> Ltd., Class A<br>| 12000 | 158528 |
| Ω | Kuaishou Technology | 2338900 | 21715129 |
|  | Kuang-Chi <br> Technologies Co. <br> Ltd., Class A<br>| 44100 | 282443 |
|  | Kunlun Energy Co. <br> Ltd.<br>| 592000 | 544158 |
| \* | Kunlun Tech Co. Ltd., <br> Class A<br>| 28500 | 184673 |
|  | Kunshan Huguang <br> Auto Harness Co. <br> Ltd., Class A<br>| 10200 | 45842 |
|  | Kunshan Kinglai <br> Hygienic Materials <br> Co. Ltd., Class A<br>| 15200 | 130961 |
|  | Kweichow Moutai Co. <br> Ltd., Class A<br>| 48093 | 9673842 |
| \* | Kyland Technology Co. <br> Ltd., Class A<br>| 6500 | 22177 |
|  | Lakala Payment Co. <br> Ltd., Class A<br>| 36800 | 124472 |
|  | Lao Feng Xiang Co. <br> Ltd., Class A<br>| 27700 | 187712 |
|  | LB Group Co. Ltd., <br> Class A<br>| 145900 | 377767 |
|  | Leader Harmonious <br> Drive Systems Co. <br> Ltd., Class A<br>| 3212 | 73669 |
|  | Lenovo Group Ltd. | 9715278 | 14173116 |
|  | Lens Technology Co. <br> Ltd., Class A<br>| 221900 | 917245 |
|  | Leo Group Co. Ltd., <br> Class A<br>| 305600 | 229110 |
|  | Lepu Medical <br> Technology Beijing <br> Co. Ltd., Class A<br>| 54531 | 138930 |
|  | Levima Advanced <br> Materials Corp., <br> Class A<br>| 30000 | 84351 |

---

951

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Leyard Optoelectronic <br> Co. Ltd., Class A<br>| 143200 | $138416 |
| \* | Li Auto, Inc. (2015 <br> HK), Class A<br>| 694200 | 7203762 |
| #\* | Li Auto, Inc. (LI US), <br> ADR<br>| 105301 | 2195526 |
|  | Liaoning Cheng Da <br> Co. Ltd., Class A<br>| 71400 | 127989 |
|  | Lingyi iTech <br> Guangdong Co., <br> Class A<br>| 280018 | 614935 |
|  | Lizhong Sitong Light <br> Alloys Group Co. <br> Ltd., Class A<br>| 31277 | 107465 |
|  | Loncin Motor Co. Ltd., <br> Class A<br>| 111200 | 212881 |
| #Ω | Longfor Group <br> Holdings Ltd.<br>| 189473 | 234043 |
| \* | LONGi Green Energy <br> Technology Co. Ltd., <br> Class A<br>| 180388 | 535122 |
|  | Longshine Technology <br> Group Co. Ltd., <br> Class A<br>| 57600 | 144811 |
|  | Luenmei Quantum Co. <br> Ltd., Class A<br>| 87700 | 108551 |
|  | Luoyang Xinqianglian <br> Slewing Bearing Co. <br> Ltd., Class A<br>| 16800 | 124708 |
|  | Luxi Chemical Group <br> Co. Ltd., Class A<br>| 151900 | 287838 |
|  | Luxshare Precision <br> Industry Co. Ltd., <br> Class A<br>| 277124 | 2455170 |
|  | Luzhou Laojiao Co. <br> Ltd., Class A<br>| 83029 | 1569737 |
|  | Mango Excellent Media <br> Co. Ltd., Class A<br>| 120592 | 499497 |
|  | Maxscend <br> Microelectronics Co. <br> Ltd., Class A<br>| 12000 | 125919 |
|  | Meihua Holdings <br> Group Co. Ltd., <br> Class A<br>| 226400 | 355449 |
|  | Meinian Onehealth <br> Healthcare Holdings <br> Co. Ltd., Class A<br>| 227757 | 180086 |
| \*Ω | Meituan, Class B | 3822241 | 50311199 |
|  | Metallurgical Corp. of <br> China Ltd., Class H<br>| 221000 | 67344 |
|  | Micro-Tech Nanjing Co. <br> Ltd., Class A<br>| 8800 | 102462 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Midea Group Co. Ltd., <br> Class A<br>| 274401 | $2947586 |
|  | Ming Yang Smart <br> Energy Group Ltd., <br> Class A<br>| 79304 | 168805 |
|  | Minmetals Capital Co. <br> Ltd., Class A<br>| 164400 | 136863 |
|  | Mloptic Corp., Class A | 356 | 18362 |
|  | Montage Technology <br> Co. Ltd., Class A<br>| 11001 | 210857 |
|  | Muyuan Foods Co. <br> Ltd., Class A<br>| 288057 | 2038582 |
|  | Nanjing Hanrui Cobalt <br> Co. Ltd., Class A<br>| 16400 | 114485 |
|  | Nanjing Iron & Steel <br> Co. Ltd., Class A<br>| 670400 | 494859 |
|  | Nanjing King-Friend <br> Biochemical <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 78546 | 110927 |
|  | Nanjing Securities Co. <br> Ltd., Class A<br>| 124700 | 148496 |
| \* | Nanjing Tanker Corp., <br> Class A<br>| 382500 | 175688 |
|  | Nantong Jianghai <br> Capacitor Co. Ltd., <br> Class A<br>| 51600 | 207120 |
|  | NARI Technology Co. <br> Ltd., Class A<br>| 372342 | 1268695 |
| \* | National Silicon <br> Industry Group Co. <br> Ltd., Class A<br>| 91819 | 295094 |
|  | NAURA Technology <br> Group Co. Ltd., <br> Class A<br>| 20250 | 1158594 |
| \* | NavInfo Co. Ltd., <br> Class A<br>| 96350 | 121870 |
|  | NBTM New Materials <br> Group Co. Ltd., <br> Class A<br>| 23900 | 101043 |
|  | NetEase, Inc. (9999 <br> HK)<br>| 679900 | 19078485 |
|  | NetEase, Inc. (NTES <br> US), ADR<br>| 140409 | 19671301 |
|  | Neusoft Corp., <br> Class A<br>| 37000 | 54729 |
|  | New China Life <br> Insurance Co. Ltd., <br> Class H<br>| 987000 | 6237452 |
|  | New Hope Dairy Co. <br> Ltd., Class A<br>| 36500 | 89274 |
|  | New Hope Liuhe Co. <br> Ltd., Class A<br>| 235166 | 321672 |

---

952

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Neway Valve Suzhou <br> Co. Ltd., Class A<br>| 50800 | $374889 |
|  | Newland Digital <br> Technology Co. Ltd., <br> Class A<br>| 58300 | 225785 |
| \* | Ninestar Corp., <br> Class A<br>| 33051 | 100779 |
|  | Ningbo Boway Alloy <br> Material Co. Ltd., <br> Class A<br>| 54200 | 166563 |
|  | Ningbo Huaxiang <br> Electronic Co. Ltd., <br> Class A<br>| 55100 | 256898 |
| \* | Ningbo Jifeng Auto <br> Parts Co. Ltd., <br> Class A<br>| 61400 | 119895 |
|  | Ningbo Jintian Copper <br> Group Co. Ltd., <br> Class A<br>| 91700 | 149113 |
|  | Ningbo Joyson <br> Electronic Corp., <br> Class A<br>| 86200 | 386437 |
|  | Ningbo Orient Wires & <br> Cables Co. Ltd., <br> Class A<br>| 34742 | 306113 |
|  | Ningbo Ronbay New <br> Energy Technology <br> Co. Ltd., Class A<br>| 33961 | 133298 |
|  | Ningbo Sanxing <br> Medical Electric Co. <br> Ltd., Class A<br>| 108100 | 340444 |
| \* | Ningbo Shanshan Co. <br> Ltd., Class A<br>| 45200 | 87351 |
|  | Ningbo Tuopu Group <br> Co. Ltd., Class A<br>| 63289 | 660235 |
|  | Ningbo Yunsheng Co. <br> Ltd., Class A<br>| 28400 | 56964 |
|  | Ningbo Zhoushan Port <br> Co. Ltd., Class A<br>| 224800 | 118712 |
|  | Ningxia Baofeng <br> Energy Group Co. <br> Ltd., Class A<br>| 355500 | 921920 |
| \* | NIO, Inc., Class A | 988070 | 7144264 |
| Ω | Nongfu Spring Co. <br> Ltd., Class H<br>| 1630200 | 10836834 |
|  | North Copper Co. Ltd., <br> Class A<br>| 117000 | 258616 |
| \* | North Industries Group <br> Red Arrow Co. Ltd., <br> Class A<br>| 58100 | 150099 |
|  | Northeast Securities <br> Co. Ltd., Class A<br>| 137400 | 175466 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Northking Information <br> Technology Co. Ltd., <br> Class A<br>| 38500 | $115388 |
|  | Novoray Corp., <br> Class A<br>| 3799 | 33967 |
| \* | Offcn Education <br> Technology Co. Ltd., <br> Class A<br>| 200012 | 76480 |
|  | Offshore Oil <br> Engineering Co. <br> Ltd., Class A<br>| 334000 | 255763 |
| \* | OFILM Group Co. Ltd., <br> Class A<br>| 182900 | 317318 |
|  | Olympic Circuit <br> Technology Co. Ltd., <br> Class A<br>| 27100 | 158558 |
|  | OmniVision Integrated <br> Circuits Group, Inc.<br>| 12821 | 235562 |
|  | Oppein Home Group, <br> Inc., Class A<br>| 32295 | 242901 |
|  | Opple Lighting Co. <br> Ltd., Class A<br>| 20900 | 51108 |
|  | OPT Machine Vision <br> Tech Co. Ltd., <br> Class A<br>| 2328 | 41668 |
|  | ORG Technology Co. <br> Ltd., Class A<br>| 165500 | 140049 |
|  | Orient Overseas <br> International Ltd.<br>| 8500 | 147100 |
| Ω | Orient Securities Co. <br> Ltd., Class H<br>| 837600 | 780461 |
| \* | Oriental Energy Co. <br> Ltd., Class A<br>| 95800 | 110762 |
|  | Oriental Pearl Group <br> Co. Ltd., Class A<br>| 141200 | 192762 |
| \* | Ourpalm Co. Ltd., <br> Class A<br>| 109500 | 80043 |
|  | Ovctek China, Inc., <br> Class A<br>| 45226 | 105943 |
| \* | Pacific Securities Co. <br> Ltd., Class A<br>| 266700 | 168705 |
|  | Pacific Shuanglin <br> Bio-pharmacy Co. <br> Ltd., Class A<br>| 55850 | 123655 |
| \* | Pangang Group <br> Vanadium Titanium <br> & Resources Co. <br> Ltd., Class A<br>| 399800 | 169818 |
| \* | PCI Technology Group <br> Co. Ltd., Class A<br>| 119900 | 115706 |
| \* | PDD Holdings, Inc., <br> ADR<br>| 442223 | 59642616 |

---

953

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | People.cn Co. Ltd., <br> Class A<br>| 44600 | $126637 |
|  | People's Insurance Co. <br> Group of China Ltd. <br> , Class H<br>| 7862000 | 7060938 |
|  | Perfect World Co. Ltd., <br> Class A<br>| 64785 | 156063 |
|  | PetroChina Co. Ltd., <br> Class H<br>| 18814000 | 19448374 |
|  | PICC Property & <br> Casualty Co. Ltd., <br> Class H<br>| 5431198 | 12831334 |
|  | Ping An Bank Co. Ltd., <br> Class A<br>| 587500 | 934877 |
| # | Ping An Insurance <br> Group Co. of China <br> Ltd., Class H<br>| 4781000 | 34539529 |
|  | Pingdingshan Tianan <br> Coal Mining Co. <br> Ltd., Class A<br>| 208000 | 248534 |
|  | POCO Holding Co. <br> Ltd., Class A<br>| 11000 | 120871 |
| \* | Polaris Bay Group Co. <br> Ltd., Class A<br>| 134300 | 138967 |
|  | Poly Developments & <br> Holdings Group Co. <br> Ltd., Class A<br>| 369500 | 380637 |
| Ω | Pop Mart International <br> Group Ltd.<br>| 446600 | 12703592 |
| Ω | Postal Savings Bank of <br> China Co. Ltd., <br> Class H<br>| 6061000 | 4270643 |
|  | Power Construction <br> Corp. of China Ltd., <br> Class A<br>| 720611 | 571260 |
| \* | Qi An Xin Technology <br> Group, Inc., Class A<br>| 32698 | 179449 |
|  | Qingdao East Steel <br> Tower Stock Co. <br> Ltd., Class A<br>| 60900 | 151148 |
|  | Qingdao Gon <br> Technology Co. Ltd., <br> Class A<br>| 14400 | 103790 |
|  | Qingdao Hanhe Cable <br> Co. Ltd., Class A<br>| 107300 | 56567 |
|  | Qingdao Huicheng <br> Environmental <br> Technology Group <br> Co. Ltd., Class A<br>| 3500 | 75836 |
|  | Qingdao Rural <br> Commercial Bank <br> Corp., Class A<br>| 379429 | 171780 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Qingdao Sentury Tire <br> Co. Ltd., Class A<br>| 83400 | $227858 |
|  | Qingdao TGOOD <br> Electric Co. Ltd., <br> Class A<br>| 54800 | 223589 |
| \* | Qinghai Salt Lake <br> Industry Co. Ltd., <br> Class A<br>| 201400 | 701588 |
| \* | QuantumCTek Co. <br> Ltd., Class A<br>| 1989 | 162074 |
|  | Quectel Wireless <br> Solutions Co. Ltd., <br> Class A<br>| 15100 | 201040 |
|  | Range Intelligent <br> Computing <br> Technology Group <br> Co. Ltd., Class A<br>| 25200 | 178859 |
|  | Raytron Technology <br> Co. Ltd., Class A<br>| 21575 | 251936 |
|  | Red Avenue New <br> Materials Group Co. <br> Ltd., Class A<br>| 23300 | 135054 |
| \* | Rising Nonferrous <br> Metals Share Co. <br> Ltd., Class A<br>| 12800 | 98880 |
|  | Riyue Heavy Industry <br> Co. Ltd., Class A<br>| 51800 | 105851 |
|  | RoboTechnik Intelligent <br> Technology Co. Ltd., <br> Class A<br>| 4300 | 135241 |
|  | Rockchip Electronics <br> Co. Ltd., Class A<br>| 7100 | 181132 |
| \* | RongFa Nuclear <br> Equipment Co. Ltd., <br> Class A<br>| 75000 | 83322 |
|  | Rongsheng <br> Petrochemical Co. <br> Ltd., Class A<br>| 521394 | 746889 |
| \* | Roshow Technology <br> Co. Ltd., Class A<br>| 107382 | 133974 |
| \* | Sai Micro Electronics, <br> Inc., Class A<br>| 29700 | 102207 |
|  | SAIC Motor Corp. Ltd., <br> Class A<br>| 214845 | 502671 |
|  | Sailun Group Co. Ltd., <br> Class A<br>| 260200 | 561309 |
|  | Sanan Optoelectronics <br> Co. Ltd., Class A<br>| 211300 | 412319 |
|  | Sangfor Technologies, <br> Inc., Class A<br>| 13200 | 243219 |
|  | Sansure Biotech, Inc., <br> Class A<br>| 17500 | 54204 |

---

954

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Sanwei Holding Group <br> Co. Ltd., Class A<br>| 18900 | $30792 |
|  | Sany Heavy Industry <br> Co. Ltd., Class A<br>| 286434 | 891349 |
|  | Satellite Chemical Co. <br> Ltd., Class A<br>| 321761 | 810370 |
|  | SDIC Capital Co. Ltd., <br> Class A<br>| 190204 | 209673 |
|  | SDIC Power Holdings <br> Co. Ltd., Class A<br>| 285800 | 576665 |
|  | Sealand Securities Co. <br> Ltd., Class A<br>| 313590 | 201439 |
| \* | Seazen Holdings Co. <br> Ltd., Class A<br>| 86400 | 172489 |
|  | Seres Group Co. Ltd., <br> Class A<br>| 57600 | 1257861 |
|  | SF Holding Co. Ltd., <br> Class A<br>| 294361 | 1668632 |
|  | SG Micro Corp., <br> Class A<br>| 10569 | 109405 |
|  | Shaanxi Beiyuan <br> Chemical Industry <br> Group Co. Ltd., <br> Class A<br>| 175500 | 97203 |
|  | Shaanxi Coal Industry <br> Co. Ltd., Class A<br>| 567700 | 1811475 |
|  | Shaanxi Construction <br> Engineering Group <br> Corp. Ltd., Class A<br>| 261800 | 139441 |
|  | Shan Xi Hua Yang <br> Group New Energy <br> Co. Ltd., Class A<br>| 239450 | 269328 |
|  | Shandong Buchang <br> Pharmaceuticals Co. <br> Ltd., Class A<br>| 60500 | 147418 |
| Ω | Shandong Gold Mining <br> Co. Ltd., Class H<br>| 617750 | 2589683 |
|  | Shandong Himile <br> Mechanical Science <br> & Technology Co. <br> Ltd., Class A<br>| 77800 | 731953 |
|  | Shandong Hi-speed <br> Co. Ltd., Class A<br>| 86500 | 113450 |
|  | Shandong Hualu <br> Hengsheng <br> Chemical Co. Ltd., <br> Class A<br>| 139650 | 503844 |
|  | Shandong Humon <br> Smelting Co. Ltd., <br> Class A<br>| 71200 | 132143 |
|  | Shandong Linglong <br> Tyre Co. Ltd., <br> Class A<br>| 105800 | 228812 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shandong Nanshan <br> Aluminum Co. Ltd., <br> Class A<br>| 855210 | $554078 |
|  | Shandong <br> Pharmaceutical <br> Glass Co. Ltd., <br> Class A<br>| 53700 | 157841 |
|  | Shandong Publishing & <br> Media Co. Ltd., <br> Class A<br>| 95200 | 111854 |
|  | Shandong Sun Paper <br> Industry JSC Ltd., <br> Class A<br>| 265450 | 530669 |
|  | Shandong Weifang <br> Rainbow Chemical <br> Co. Ltd., Class A<br>| 14600 | 151971 |
| \* | Shanghai Aiko Solar <br> Energy Co. Ltd., <br> Class A<br>| 35700 | 79224 |
|  | Shanghai Allist <br> Pharmaceuticals Co. <br> Ltd., Class A<br>| 17252 | 260805 |
|  | Shanghai AtHub Co. <br> Ltd., Class A<br>| 36400 | 170129 |
|  | Shanghai Bailian <br> Group Co. Ltd., <br> Class A<br>| 116800 | 148271 |
|  | Shanghai Bairun <br> Investment Holding <br> Group Co. Ltd., <br> Class A<br>| 47236 | 167206 |
|  | Shanghai Baosight <br> Software Co. Ltd., <br> Class A<br>| 69618 | 225068 |
|  | Shanghai Belling Co. <br> Ltd., Class A<br>| 18000 | 86523 |
|  | Shanghai BOCHU <br> Electronic <br> Technology Corp. <br> Ltd., Class A<br>| 8269 | 159141 |
|  | Shanghai Chinafortune <br> Co. Ltd., Class A<br>| 51500 | 120894 |
|  | Shanghai Construction <br> Group Co. Ltd., <br> Class A<br>| 635276 | 251771 |
| \* | Shanghai DZH Ltd., <br> Class A<br>| 46200 | 94292 |
| \* | Shanghai Electric <br> Group Co. Ltd., <br> Class H<br>| 2092000 | 1219809 |

---

955

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Electric <br> Power Co. Ltd., <br> Class A<br>| 150900 | $629734 |
| \* | Shanghai Feilo <br> Acoustics Co. Ltd., <br> Class A<br>| 58000 | 66629 |
|  | Shanghai Fosun <br> Pharmaceutical <br> Group Co. Ltd., <br> Class H<br>| 17500 | 53604 |
|  | Shanghai Huace <br> Navigation <br> Technology Ltd., <br> Class A<br>| 25060 | 112966 |
|  | Shanghai Huafon <br> Aluminium Corp., <br> Class A<br>| 69300 | 171160 |
|  | Shanghai Huayi Group <br> Co. Ltd., Class A<br>| 131700 | 147208 |
|  | Shanghai International <br> Airport Co. Ltd., <br> Class A<br>| 36900 | 167477 |
|  | Shanghai Jahwa <br> United Co. Ltd., <br> Class A<br>| 32500 | 114569 |
|  | Shanghai Jinjiang <br> International Hotels <br> Co. Ltd., Class A<br>| 62900 | 199018 |
|  | Shanghai Lingang <br> Holdings Corp. Ltd., <br> Class A<br>| 138760 | 220350 |
|  | Shanghai Lujiazui <br> Finance & Trade <br> Zone Development <br> Co. Ltd., Class A<br>| 61520 | 74020 |
|  | Shanghai M&G <br> Stationery, Inc., <br> Class A<br>| 37669 | 148233 |
|  | Shanghai Mechanical <br> & Electrical Industry <br> Co. Ltd., Class A<br>| 39900 | 152024 |
|  | Shanghai MicroPort <br> Endovascular <br> MedTech Group Co. <br> Ltd., Class A<br>| 3162 | 45265 |
|  | Shanghai Moons' <br> Electric Co. Ltd., <br> Class A<br>| 10400 | 107292 |
|  | Shanghai Pret <br> Composites Co. Ltd., <br> Class A<br>| 35800 | 67725 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Pudong <br> Development Bank <br> Co. Ltd., Class A<br>| 882471 | $1426770 |
|  | Shanghai Putailai New <br> Energy Technology <br> Co. Ltd., Class A<br>| 77056 | 316606 |
|  | Shanghai RAAS Blood <br> Products Co. Ltd., <br> Class A<br>| 225100 | 213325 |
|  | Shanghai Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 331200 | 397211 |
|  | Shanghai Shyndec <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 95100 | 139269 |
|  | Shanghai Sinyang <br> Semiconductor <br> Materials Co. Ltd., <br> Class A<br>| 12800 | 102335 |
| \* | Shanghai Stonehill <br> Technology Co. Ltd., <br> Class A<br>| 290400 | 323590 |
|  | Shanghai Tunnel <br> Engineering Co. <br> Ltd., Class A<br>| 221400 | 205490 |
|  | Shanghai Vital <br> Microtech Co. Ltd.<br>| 48700 | 127147 |
|  | Shanghai Waigaoqiao <br> Free Trade Zone <br> Group Co. Ltd., <br> Class A<br>| 52400 | 80557 |
|  | Shanghai Yuyuan <br> Tourist Mart Group <br> Co. Ltd., Class A<br>| 201419 | 157409 |
|  | Shanghai Zhangjiang <br> High-Tech Park <br> Development Co. <br> Ltd., Class A<br>| 98800 | 619047 |
|  | Shanghai Zhenhua <br> Heavy Industries Co. <br> Ltd., Class A<br>| 186000 | 123678 |
|  | Shanghai Zhonggu <br> Logistics Co. Ltd., <br> Class A<br>| 153299 | 238353 |
|  | Shanjin International <br> Gold Co. Ltd., <br> Class A<br>| 195817 | 598553 |
|  | Shannon <br> Semiconductor <br> Technology Co. Ltd., <br> Class A<br>| 17600 | 327404 |

---

956

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shantui Construction <br> Machinery Co. Ltd., <br> Class A<br>| 94700 | $154058 |
|  | Shanxi Coal <br> International Energy <br> Group Co. Ltd., <br> Class A<br>| 158900 | 246601 |
|  | Shanxi Coking Coal <br> Energy Group Co. <br> Ltd., Class A<br>| 387630 | 398931 |
|  | Shanxi Lu'an <br> Environmental <br> Energy Development <br> Co. Ltd., Class A<br>| 244230 | 508073 |
| \* | Shanxi Meijin Energy <br> Co. Ltd., Class A<br>| 259717 | 191317 |
|  | Shanxi Securities Co. <br> Ltd., Class A<br>| 165980 | 149381 |
| \* | Shanxi Taigang <br> Stainless Steel Co. <br> Ltd., Class A<br>| 285800 | 169142 |
|  | Shanxi Xinghuacun <br> Fen Wine Factory <br> Co. Ltd., Class A<br>| 50207 | 1345210 |
|  | Sharetronic Data <br> Technology Co. Ltd., <br> Class A<br>| 14380 | 327942 |
|  | Shede Spirits Co. Ltd., <br> Class A<br>| 14200 | 123881 |
|  | Shenghe Resources <br> Holding Co. Ltd., <br> Class A<br>| 72700 | 237430 |
|  | Shengyi Electronics <br> Co. Ltd., Class A<br>| 8718 | 133148 |
|  | Shengyi Technology <br> Co. Ltd., Class A<br>| 59100 | 532874 |
|  | Shennan Circuits Co. <br> Ltd., Class A<br>| 20906 | 629336 |
| Ω | Shenwan Hongyuan <br> Group Co. Ltd., <br> Class H<br>| 1400000 | 616007 |
|  | Shenyang Xingqi <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 11200 | 126163 |
|  | Shenzhen Agricultural <br> Power Group Co. <br> Ltd., Class A<br>| 84600 | 101621 |
|  | Shenzhen Airport Co. <br> Ltd., Class A<br>| 135900 | 137981 |
|  | Shenzhen Aisidi Co. <br> Ltd., Class A<br>| 83700 | 145926 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Capchem <br> Technology Co. Ltd., <br> Class A<br>| 34840 | $259978 |
| \* | Shenzhen Clou <br> Electronics Co. Ltd., <br> Class A<br>| 25800 | 31733 |
|  | Shenzhen Energy <br> Group Co. Ltd., <br> Class A<br>| 233319 | 230589 |
|  | Shenzhen Envicool <br> Technology Co. Ltd., <br> Class A<br>| 39455 | 388764 |
|  | Shenzhen Everwin <br> Precision <br> Technology Co. Ltd., <br> Class A<br>| 77700 | 415190 |
|  | Shenzhen Fastprint <br> Circuit Tech Co. Ltd., <br> Class A<br>| 67500 | 202695 |
|  | Shenzhen Forms <br> Syntron Information <br> Co. Ltd.<br>| 11100 | 58903 |
|  | Shenzhen Fortune <br> Trend Technology <br> Co. Ltd., Class A<br>| 6322 | 127586 |
|  | Shenzhen FRD <br> Science & <br> Technology Co. Ltd., <br> Class A<br>| 18800 | 83116 |
|  | Shenzhen Gas Corp. <br> Ltd., Class A<br>| 153700 | 145185 |
|  | Shenzhen Goodix <br> Technology Co. Ltd., <br> Class A<br>| 16200 | 187235 |
|  | Shenzhen H&T <br> Intelligent Control <br> Co. Ltd., Class A<br>| 41200 | 297556 |
|  | Shenzhen Honor <br> Electronic Co. Ltd., <br> Class A<br>| 3800 | 103949 |
|  | Shenzhen Hopewind <br> Electric Co. Ltd., <br> Class A<br>| 16900 | 71677 |
|  | Shenzhen Huaqiang <br> Industry Co. Ltd., <br> Class A<br>| 41400 | 161696 |
| \* | Shenzhen Infogem <br> Technologies Co. <br> Ltd., Class A<br>| 4900 | 32663 |
|  | Shenzhen Inovance <br> Technology Co. Ltd., <br> Class A<br>| 40500 | 438196 |

---

957

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Kaifa <br> Technology Co. Ltd., <br> Class A<br>| 95900 | $368109 |
|  | Shenzhen Kangtai <br> Biological Products <br> Co. Ltd., Class A<br>| 54140 | 130924 |
|  | Shenzhen Kedali <br> Industry Co. Ltd., <br> Class A<br>| 16766 | 424620 |
| \* | Shenzhen Kingdom <br> Sci-Tech Co. Ltd., <br> Class A<br>| 32900 | 77861 |
|  | Shenzhen Kinwong <br> Electronic Co. Ltd., <br> Class A<br>| 84364 | 860152 |
|  | Shenzhen Kstar <br> Science & <br> Technology Co. Ltd., <br> Class A<br>| 34000 | 205715 |
|  | Shenzhen Megmeet <br> Electrical Co. Ltd., <br> Class A<br>| 23400 | 250214 |
|  | Shenzhen Mindray <br> Bio-Medical <br> Electronics Co. Ltd., <br> Class A<br>| 44873 | 1356652 |
|  | Shenzhen MTC Co. <br> Ltd., Class A<br>| 377400 | 326315 |
|  | Shenzhen New <br> Industries <br> Biomedical <br> Engineering Co. <br> Ltd., Class A<br>| 35600 | 305313 |
| \* | Shenzhen Overseas <br> Chinese Town Co. <br> Ltd., Class A<br>| 313180 | 104865 |
|  | Shenzhen Salubris <br> Pharmaceuticals Co. <br> Ltd., Class A<br>| 35500 | 297475 |
|  | Shenzhen SC New <br> Energy Technology <br> Corp., Class A<br>| 21859 | 290244 |
|  | Shenzhen SED <br> Industry Co. Ltd., <br> Class A<br>| 62800 | 183041 |
|  | Shenzhen Senior <br> Technology Material <br> Co. Ltd., Class A<br>| 93752 | 187640 |
|  | Shenzhen Sunlord <br> Electronics Co. Ltd., <br> Class A<br>| 53300 | 286290 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Sunway <br> Communication Co. <br> Ltd., Class A<br>| 68700 | $345159 |
|  | Shenzhen Topband <br> Co. Ltd., Class A<br>| 64000 | 124082 |
|  | Shenzhen Transsion <br> Holdings Co. Ltd., <br> Class A<br>| 38786 | 415767 |
|  | Shenzhen Woer <br> Heat-Shrinkable <br> Material Co. Ltd., <br> Class A<br>| 65400 | 254176 |
|  | Shenzhen Yan Tian <br> Port Holding Co. <br> Ltd., Class A<br>| 99600 | 63840 |
|  | Shenzhen Yinghe <br> Technology Co. Ltd., <br> Class A<br>| 41400 | 174243 |
| \* | Shenzhen Ysstech <br> Info-tech Co. Ltd., <br> Class A<br>| 18900 | 54018 |
|  | Shenzhen YUTO <br> Packaging <br> Technology Co. Ltd., <br> Class A<br>| 65371 | 250851 |
|  | Shenzhen Zhaowei <br> Machinery & <br> Electronic Co. Ltd., <br> Class A<br>| 6200 | 103295 |
|  | Shenzhen Zhongjin <br> Lingnan Nonfemet <br> Co. Ltd., Class A<br>| 304014 | 235666 |
|  | Shenzhou International <br> Group Holdings Ltd.<br>| 760800 | 6567080 |
| \* | Shijiazhuang <br> Changshan BeiMing <br> Technology Co. Ltd., <br> Class A<br>| 55600 | 180352 |
|  | Shijiazhuang Yiling <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 74056 | 186198 |
| \* | Siasun Robot & <br> Automation Co. Ltd., <br> Class A<br>| 53400 | 138436 |
|  | Sichuan Changhong <br> Electric Co. Ltd., <br> Class A<br>| 222305 | 318579 |
|  | Sichuan Chuantou <br> Energy Co. Ltd., <br> Class A<br>| 183800 | 380360 |

---

958

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sichuan Development <br> Lomon Co. Ltd., <br> Class A<br>| 85000 | $133412 |
|  | Sichuan EM <br> Technology Co. Ltd., <br> Class A<br>| 33500 | 93862 |
|  | Sichuan Hebang <br> Biotechnology Co. <br> Ltd., Class A<br>| 489200 | 149852 |
| \* | Sichuan Hexie <br> Shuangma Co. Ltd., <br> Class A<br>| 45400 | 129812 |
| \* | Sichuan Hongda Co. <br> Ltd., Class A<br>| 94200 | 144674 |
|  | Sichuan Jiuzhou <br> Electric Co. Ltd., <br> Class A<br>| 31800 | 68490 |
|  | Sichuan Kelun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 122701 | 603512 |
| \* | Sichuan Kelun-Biotech <br> Biopharmaceutical <br> Co. Ltd., Class H<br>| 16500 | 948515 |
|  | Sichuan New Energy <br> Power Co. Ltd., <br> Class A<br>| 100400 | 173548 |
|  | Sichuan Road & <br> Bridge Group Co. <br> Ltd., Class A<br>| 429140 | 571931 |
|  | Sichuan Swellfun Co. <br> Ltd., Class A<br>| 29400 | 174793 |
|  | Sichuan Teway Food <br> Group Co. Ltd., <br> Class A<br>| 41600 | 69798 |
|  | Sichuan Yahua <br> Industrial Group Co. <br> Ltd., Class A<br>| 60500 | 172841 |
|  | Sineng Electric Co. <br> Ltd., Class A<br>| 19200 | 86935 |
|  | Sino <br> Biopharmaceutical <br> Ltd.<br>| 10899500 | 9928701 |
|  | Sinofibers Technology <br> Co. Ltd., Class A<br>| 23500 | 106330 |
|  | Sinolink Securities Co. <br> Ltd., Class A<br>| 150200 | 208553 |
|  | Sinoma International <br> Engineering Co., <br> Class A<br>| 221900 | 297103 |
|  | Sinoma Science & <br> Technology Co. Ltd., <br> Class A<br>| 89494 | 435851 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Sinomach Heavy <br> Equipment Group <br> Co. Ltd., Class A<br>| 123200 | $61305 |
|  | Sinomach Precision <br> Industry Group Co. <br> Ltd., Class A<br>| 4700 | 18920 |
|  | Sinomine Resource <br> Group Co. Ltd., <br> Class A<br>| 26700 | 211307 |
|  | Sinosoft Co. Ltd., <br> Class A<br>| 38392 | 114525 |
|  | Sinotruk Jinan Truck <br> Co. Ltd., Class A<br>| 80400 | 205133 |
|  | Skshu Paint Co. Ltd., <br> Class A<br>| 31289 | 193987 |
|  | Skyworth Digital Co. <br> Ltd., Class A<br>| 38300 | 73186 |
| #Ω | Smoore International <br> Holdings Ltd.<br>| 996000 | 1677389 |
|  | Songcheng <br> Performance <br> Development Co. <br> Ltd., Class A<br>| 162900 | 183946 |
|  | Sonoscape Medical <br> Corp., Class A<br>| 16100 | 64913 |
|  | SooChow Securities <br> Co. Ltd., Class A<br>| 145050 | 195652 |
|  | Southwest Securities <br> Co. Ltd., Class A<br>| 320536 | 213537 |
|  | SPIC Industry-Finance <br> Holdings Co. Ltd., <br> Class A<br>| 162300 | 150623 |
|  | Spring Airlines Co. <br> Ltd., Class A<br>| 52800 | 397723 |
|  | Star Lake Bioscience <br> Co., Inc. Zhaoqing <br> Guangdong, <br> Class A<br>| 51700 | 52226 |
|  | StarPower <br> Semiconductor Ltd., <br> Class A<br>| 7860 | 115657 |
|  | State Grid Information <br> & Communication <br> Co. Ltd., Class A<br>| 70300 | 182155 |
|  | State Grid Yingda Co. <br> Ltd., Class A<br>| 186600 | 169274 |
|  | STO Express Co. Ltd., <br> Class A<br>| 117700 | 256195 |
|  | Sumec Corp. Ltd., <br> Class A<br>| 38900 | 61840 |
|  | Sungrow Power Supply <br> Co. Ltd., Class A<br>| 77820 | 2076278 |

---

959

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sunny Optical <br> Technology Group <br> Co. Ltd.<br>| 634000 | $6126784 |
|  | Sunresin New <br> Materials Co. Ltd., <br> Class A<br>| 22400 | 174873 |
|  | Sunshine Guojian <br> Pharmaceutical <br> Shanghai Co. Ltd., <br> Class A<br>| 5234 | 53675 |
|  | Suntak Technology Co. <br> Ltd., Class A<br>| 65500 | 131127 |
|  | Sunward Intelligent <br> Equipment Co. Ltd., <br> Class A<br>| 29500 | 54934 |
|  | Sunwoda Electronic <br> Co. Ltd., Class A<br>| 77500 | 390669 |
|  | SUPCON Technology <br> Co. Ltd., Class A<br>| 18947 | 139340 |
|  | Suzhou Dongshan <br> Precision <br> Manufacturing Co. <br> Ltd., Class A<br>| 157000 | 1511358 |
|  | Suzhou Maxwell <br> Technologies Co. <br> Ltd., Class A<br>| 16161 | 239093 |
|  | Suzhou TFC Optical <br> Communication Co. <br> Ltd., Class A<br>| 31360 | 691586 |
|  | Suzhou Veichi Electric <br> Co. Ltd., Class A<br>| 6333 | 76696 |
| \* | Suzhou Zelgen <br> Biopharmaceutical <br> Co. Ltd., Class A<br>| 6324 | 92363 |
|  | Taiji Computer Corp. <br> Ltd., Class A<br>| 29200 | 110303 |
| \* | Talkweb Information <br> System Co. Ltd., <br> Class A<br>| 26200 | 126332 |
|  | TangShan Port Group <br> Co. Ltd., Class A<br>| 531500 | 296775 |
|  | Tasly Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 89600 | 194584 |
|  | TBEA Co. Ltd., <br> Class A<br>| 291720 | 803064 |
|  | TCL Technology Group <br> Corp., Class A<br>| 940598 | 570308 |
|  | TCL Zhonghuan <br> Renewable Energy <br> Technology Co. Ltd., <br> Class A<br>| 148025 | 196870 |
|  | Tencent Holdings Ltd. | 3173900 | 257808590 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Tencent Music <br> Entertainment <br> Group, ADR<br>| 557494 | $12443266 |
|  | Thunder Software <br> Technology Co. Ltd., <br> Class A<br>| 10200 | 98585 |
|  | Tian Di Science & <br> Technology Co. Ltd., <br> Class A<br>| 439220 | 369088 |
| \* | Tianfeng Securities Co. <br> Ltd., Class A<br>| 301300 | 221936 |
| \* | Tianjin 712 <br> Communication & <br> Broadcasting Co. <br> Ltd., Class A<br>| 27855 | 78682 |
|  | Tianjin Pharmaceutical <br> Da Re Tang Group <br> Corp. Ltd., Class A<br>| 26400 | 167570 |
|  | Tianjin Port Co. Ltd., <br> Class A<br>| 173804 | 117490 |
| \* | Tianma <br> Microelectronics Co. <br> Ltd., Class A<br>| 79055 | 107963 |
|  | Tianneng Battery <br> Group Co. Ltd., <br> Class A<br>| 23919 | 113976 |
|  | Tianshan Aluminum <br> Group Co. Ltd., <br> Class A<br>| 396700 | 745014 |
| \* | TianShan Material Co. <br> Ltd., Class A<br>| 100900 | 85420 |
|  | Tianshui Huatian <br> Technology Co. Ltd., <br> Class A<br>| 110800 | 188006 |
|  | Tibet Cheezheng <br> Tibetan Medicine <br> Co. Ltd., Class A<br>| 19500 | 70136 |
|  | Tibet Huayu Mining <br> Co. Ltd., Class A<br>| 44300 | 185447 |
|  | Tibet Rhodiola <br> Pharmaceutical <br> Holding Co., <br> Class A<br>| 20910 | 136482 |
|  | Tinergy Chemical Co. <br> Ltd., Class A<br>| 163735 | 128436 |
|  | Titan Wind Energy <br> Suzhou Co. Ltd., <br> Class A<br>| 66900 | 72034 |
|  | TongFu <br> Microelectronics Co. <br> Ltd., Class A<br>| 125800 | 751911 |

---

960

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Tonghua Dongbao <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 111500 | $141400 |
| \* | Tonghua Golden-Horse <br> Pharmaceutical <br> Industry Co. Ltd., <br> Class A<br>| 20200 | 73619 |
|  | Tongkun Group Co. <br> Ltd., Class A<br>| 147609 | 295085 |
|  | Tongling Jingda <br> Special Magnet Wire <br> Co. Ltd., Class A<br>| 105000 | 160225 |
|  | Tongling Nonferrous <br> Metals Group Co. <br> Ltd., Class A<br>| 1010500 | 750745 |
| \* | Tongwei Co. Ltd., <br> Class A<br>| 200600 | 698542 |
|  | Topchoice Medical <br> Corp., Class A<br>| 22410 | 136871 |
|  | Transfar Zhilian Co. <br> Ltd., Class A<br>| 165100 | 144913 |
| \* | Trina Solar Co. Ltd., <br> Class A<br>| 93219 | 266801 |
|  | Trip.com Group Ltd. <br> (9961 HK)<br>| 99700 | 7016030 |
|  | Trip.com Group Ltd. <br> (TCOM US), ADR<br>| 293024 | 20702146 |
| \* | TRS Information <br> Technology Corp. <br> Ltd., Class A<br>| 31500 | 91167 |
| \* | Tsinghua Tongfang Co. <br> Ltd., Class A<br>| 144100 | 176741 |
|  | Tsingtao Brewery Co. <br> Ltd., Class H<br>| 210000 | 1419291 |
|  | Unigroup Guoxin <br> Microelectronics Co. <br> Ltd., Class A<br>| 21199 | 243516 |
|  | Unisplendour Corp. <br> Ltd., Class A<br>| 112760 | 429355 |
|  | Universal Scientific <br> Industrial Shanghai <br> Co. Ltd., Class A<br>| 110389 | 373614 |
| \* | Venustech Group, Inc., <br> Class A<br>| 29500 | 64985 |
| \* | Verisilicon <br> Microelectronics <br> Shanghai Co. Ltd., <br> Class A<br>| 5590 | 125135 |
|  | Victory Giant <br> Technology Huizhou <br> Co. Ltd., Class A<br>| 59100 | 2431044 |
|  | Vipshop Holdings Ltd., <br> ADR<br>| 46550 | 814159 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Visionox Technology, <br> Inc., Class A<br>| 32500 | $38730 |
|  | Visual China Group <br> Co. Ltd., Class A<br>| 24800 | 75423 |
|  | Walvax Biotechnology <br> Co. Ltd., Class A<br>| 91600 | 157470 |
| \* | Wanda Film Holding <br> Co. Ltd., Class A<br>| 94900 | 147475 |
|  | Wangsu Science & <br> Technology Co. Ltd., <br> Class A<br>| 151900 | 247146 |
|  | Wanhua Chemical <br> Group Co. Ltd., <br> Class A<br>| 185000 | 1628393 |
|  | Want Want China <br> Holdings Ltd.<br>| 40000 | 25849 |
|  | Wanxiang Qianchao <br> Co. Ltd., Class A<br>| 217200 | 383552 |
|  | Wasu Media Holding <br> Co. Ltd., Class A<br>| 99500 | 110361 |
|  | Weichai Power Co. <br> Ltd., Class H<br>| 2380800 | 4919443 |
|  | Weifu High-Technology <br> Group Co. Ltd., <br> Class A<br>| 48000 | 144836 |
|  | Weihai Guangwei <br> Composites Co. Ltd., <br> Class A<br>| 43726 | 176927 |
|  | Wens Foodstuff Group <br> Co. Ltd., Class A<br>| 340660 | 869554 |
|  | Western Mining Co. <br> Ltd., Class A<br>| 168200 | 567331 |
|  | Western Region Gold <br> Co. Ltd., Class A<br>| 35800 | 137985 |
|  | Western Securities Co. <br> Ltd., Class A<br>| 238600 | 288169 |
|  | Western <br> Superconducting <br> Technologies Co. <br> Ltd., Class A<br>| 29292 | 321903 |
| # | Wharf Holdings Ltd. | 246000 | 647191 |
|  | Willfar Information <br> Technology Co. Ltd., <br> Class A<br>| 25730 | 133473 |
| \* | Wingtech Technology <br> Co. Ltd., Class A<br>| 32548 | 205703 |
|  | Winner Medical Co. <br> Ltd., Class A<br>| 32577 | 189142 |
|  | Winning Health <br> Technology Group <br> Co. Ltd., Class A<br>| 125560 | 156101 |
|  | Wolong Electric Group <br> Co. Ltd., Class A<br>| 129040 | 876275 |

---

961

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Wuchan Zhongda <br> Group Co. Ltd., <br> Class A<br>| 358650 | $294952 |
|  | Wuhan Dr. Laser <br> Technology Corp. <br> Ltd., Class A<br>| 13400 | 126717 |
| \* | Wuhan Guide Infrared <br> Co. Ltd., Class A<br>| 44693 | 87206 |
| \* | Wuhan Jingce <br> Electronic Group Co. <br> Ltd., Class A<br>| 9800 | 103507 |
|  | Wuhan Raycus Fiber <br> Laser Technologies <br> Co. Ltd., Class A<br>| 19400 | 70144 |
|  | Wuhu Token Science <br> Co. Ltd., Class A<br>| 146800 | 128054 |
|  | Wuliangye Yibin Co. <br> Ltd., Class A<br>| 205706 | 3441109 |
|  | WUS Printed Circuit <br> Kunshan Co. Ltd., <br> Class A<br>| 140700 | 1398946 |
| Ω | WuXi AppTec Co. Ltd., <br> Class H<br>| 257760 | 3601711 |
|  | Wuxi Autowell <br> Technology Co. Ltd., <br> Class A<br>| 16293 | 100119 |
| \*Ω | Wuxi Biologics <br> Cayman, Inc.<br>| 2630000 | 12266566 |
|  | Wuxi Lead Intelligent <br> Equipment Co. Ltd., <br> Class A<br>| 37100 | 304979 |
|  | Wuxi NCE Power Co. <br> Ltd., Class A<br>| 16400 | 86580 |
|  | Wuxi Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 66500 | 56743 |
|  | Wuxi Taiji Industry Ltd. <br> Co., Class A<br>| 106800 | 130153 |
|  | XCMG Construction <br> Machinery Co. Ltd., <br> Class A<br>| 561403 | 839712 |
|  | XGD, Inc., Class A | 31000 | 120703 |
|  | Xiamen Amoytop <br> Biotech Co. Ltd., <br> Class A<br>| 21336 | 218937 |
|  | Xiamen Bank Co. Ltd., <br> Class A<br>| 170900 | 169370 |
|  | Xiamen C & D, Inc., <br> Class A<br>| 147200 | 210895 |
|  | Xiamen Faratronic Co. <br> Ltd., Class A<br>| 14000 | 236892 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Xiamen Hongxin <br> Electronics <br> Technology Group, <br> Inc., Class A<br>| 24600 | $108036 |
|  | Xiamen Intretech, Inc., <br> Class A<br>| 40100 | 111583 |
|  | Xiamen Tungsten Co. <br> Ltd., Class A<br>| 119680 | 600900 |
|  | Xiamen Xiangyu Co. <br> Ltd., Class A<br>| 166300 | 194092 |
|  | Xi'an Bright Laser <br> Technologies Co. <br> Ltd., Class A<br>| 12047 | 127872 |
|  | Xi'An Shaangu Power <br> Co. Ltd., Class A<br>| 97000 | 118630 |
|  | Xi'an Triangle Defense <br> Co. Ltd., Class A<br>| 25000 | 90165 |
| \* | Xiangcai Co. Ltd., <br> Class A<br>| 122300 | 221434 |
| \* | Xiangtan Electric <br> Manufacturing Co. <br> Ltd., Class A<br>| 63200 | 135340 |
|  | Xianhe Co. Ltd., <br> Class A<br>| 30100 | 96757 |
| \*Ω | Xiaomi Corp., Class B | 3829800 | 21247388 |
|  | Xinfengming Group <br> Co. Ltd., Class A<br>| 138600 | 309807 |
|  | Xinhuanet Co. Ltd., <br> Class A<br>| 24570 | 69063 |
|  | Xinxiang Richful Lube <br> Additive Co. Ltd., <br> Class A<br>| 20300 | 162130 |
|  | Xinxing Ductile Iron <br> Pipes Co. Ltd., <br> Class A<br>| 192100 | 116907 |
|  | Xinyu Iron & Steel Co. <br> Ltd., Class A<br>| 140400 | 82921 |
| \* | XPeng, Inc., Class A | 810700 | 9444786 |
|  | Xuji Electric Co. Ltd., <br> Class A<br>| 72200 | 268470 |
|  | Yangzhou Yangjie <br> Electronic <br> Technology Co. Ltd., <br> Class A<br>| 32800 | 321464 |
|  | Yankershop Food Co. <br> Ltd., Class A<br>| 13800 | 142396 |
| # | Yankuang Energy <br> Group Co. Ltd., <br> Class H<br>| 3732300 | 5123869 |
|  | Yantai Changyu <br> Pioneer Wine Co. <br> Ltd., Class A<br>| 8400 | 25379 |

---

962

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Yantai China Pet <br> Foods Co. Ltd., <br> Class A<br>| 7300 | $58681 |
|  | Yantai Dongcheng <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 24800 | 54423 |
|  | Yantai Eddie Precision <br> Machinery Co. Ltd., <br> Class A<br>| 49800 | 130956 |
|  | Yantai Jereh Oilfield <br> Services Group Co. <br> Ltd., Class A<br>| 76255 | 535860 |
|  | Yantai Zhenghai <br> Magnetic Material <br> Co. Ltd., Class A<br>| 30200 | 70938 |
|  | Yealink Network <br> Technology Corp. <br> Ltd., Class A<br>| 71476 | 361535 |
|  | YGSOFT, Inc., <br> Class A<br>| 58100 | 53101 |
|  | Yifan Pharmaceutical <br> Co. Ltd., Class A<br>| 79900 | 147893 |
|  | Yifeng Pharmacy <br> Chain Co. Ltd., <br> Class A<br>| 56180 | 192898 |
|  | Yonfer Agricultural <br> Technology Co. Ltd., <br> Class A<br>| 90600 | 189401 |
| \* | Yonghui Superstores <br> Co. Ltd., Class A<br>| 288000 | 189255 |
|  | YongXing Special <br> Materials Technology <br> Co. Ltd., Class A<br>| 31670 | 218989 |
| \* | Yonyou Network <br> Technology Co. Ltd., <br> Class A<br>| 30300 | 66492 |
|  | Youngor Fashion Co. <br> Ltd., Class A<br>| 231604 | 244203 |
|  | YTO Express Group <br> Co. Ltd., Class A<br>| 218962 | 526500 |
|  | Yuan Longping <br> High-tech Agriculture <br> Co. Ltd., Class A<br>| 64210 | 87900 |
|  | Yum China Holdings, <br> Inc. (9987 HK)<br>| 121100 | 5215157 |
|  | Yum China Holdings, <br> Inc. (YUMC US)<br>| 240624 | 10409394 |
|  | YUNDA Holding Group <br> Co. Ltd., Class A<br>| 191490 | 196087 |
|  | Yunnan Aluminium Co. <br> Ltd., Class A<br>| 349200 | 1127952 |
|  | Yunnan Baiyao Group <br> Co. Ltd., Class A<br>| 53840 | 428931 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Yunnan Chihong <br> Zinc&Germanium <br> Co. Ltd., Class A<br>| 271600 | $257404 |
|  | Yunnan Copper Co. <br> Ltd., Class A<br>| 239200 | 606827 |
| \* | Yunnan Energy New <br> Material Co. Ltd., <br> Class A<br>| 23562 | 160695 |
|  | Yunnan Lincang <br> Xinyuan Germanium <br> Industrial Co. Ltd., <br> Class A<br>| 13800 | 54189 |
|  | Yunnan Tin Co. Ltd., <br> Class A<br>| 179300 | 597520 |
|  | Yunnan Yuntianhua <br> Co. Ltd., Class A<br>| 103600 | 418876 |
|  | Yusys Technologies <br> Co. Ltd., Class A<br>| 31800 | 107136 |
|  | Zangge Mining Co. <br> Ltd., Class A<br>| 73800 | 611042 |
|  | Zhangzhou <br> Pientzehuang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 18450 | 461938 |
|  | Zhaojin Mining Industry <br> Co. Ltd., Class H<br>| 926500 | 3449858 |
|  | Zhefu Holding Group <br> Co. Ltd., Class A<br>| 354923 | 204958 |
|  | Zhejiang Cfmoto <br> Power Co. Ltd., <br> Class A<br>| 11300 | 406602 |
|  | Zhejiang Changsheng <br> Sliding Bearings Co. <br> Ltd., Class A<br>| 9200 | 113109 |
|  | Zhejiang China <br> Commodities City <br> Group Co. Ltd., <br> Class A<br>| 311679 | 807896 |
|  | Zhejiang Chint <br> Electrics Co. Ltd., <br> Class A<br>| 105621 | 425872 |
|  | Zhejiang <br> Crystal-Optech Co. <br> Ltd., Class A<br>| 42300 | 148481 |
|  | Zhejiang Dahua <br> Technology Co. Ltd., <br> Class A<br>| 92113 | 264889 |
|  | Zhejiang Daily Digital <br> Culture Group Co. <br> Ltd., Class A<br>| 67400 | 128904 |

---

963

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Dingli <br> Machinery Co. Ltd., <br> Class A<br>| 28370 | $211885 |
| \* | Zhejiang Dun'An <br> Artificial Environment <br> Co. Ltd., Class A<br>| 62400 | 120974 |
|  | Zhejiang Haikong <br> Nanke Huatie Digital <br> Intelligence & <br> Technology Co. Ltd.<br>| 124900 | 137939 |
|  | Zhejiang Hailiang Co. <br> Ltd., Class A<br>| 96700 | 156417 |
|  | Zhejiang HangKe <br> Technology, Inc. Co., <br> Class A<br>| 14018 | 64421 |
|  | Zhejiang Hisun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 38700 | 60973 |
|  | Zhejiang Huace Film & <br> Television Co. Ltd., <br> Class A<br>| 79100 | 85398 |
|  | Zhejiang Huahai <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 93540 | 252341 |
|  | Zhejiang Huayou <br> Cobalt Co. Ltd., <br> Class A<br>| 58111 | 529790 |
|  | Zhejiang Jiecang <br> Linear Motion <br> Technology Co. Ltd., <br> Class A<br>| 17282 | 92973 |
|  | Zhejiang Jiemei <br> Electronic & <br> Technology Co. Ltd., <br> Class A<br>| 15200 | 68208 |
|  | Zhejiang Jingsheng <br> Mechanical & <br> Electrical Co. Ltd., <br> Class A<br>| 71200 | 390513 |
|  | Zhejiang Jingxin <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 48300 | 127964 |
| \* | Zhejiang Jinke Tom <br> Culture Industry Co. <br> Ltd., Class A<br>| 138400 | 90227 |
|  | Zhejiang JIULI Hi-tech <br> Metals Co. Ltd., <br> Class A<br>| 80500 | 288744 |
|  | Zhejiang Jiuzhou <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 49800 | 139664 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Jolly <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 21200 | $52228 |
|  | Zhejiang Juhua Co. <br> Ltd., Class A<br>| 153700 | 763208 |
| \*Ω | Zhejiang Leapmotor <br> Technology Co. Ltd., <br> Class H<br>| 31100 | 232960 |
|  | Zhejiang Longsheng <br> Group Co. Ltd., <br> Class A<br>| 102400 | 151620 |
| \* | Zhejiang Narada <br> Power Source Co. <br> Ltd., Class A<br>| 32400 | 86043 |
|  | Zhejiang NHU Co. Ltd., <br> Class A<br>| 254788 | 870566 |
|  | Zhejiang Orient <br> Financial Holdings <br> Group Co. Ltd., <br> Class A<br>| 181100 | 182685 |
|  | Zhejiang Sanhua <br> Intelligent Controls <br> Co. Ltd., Class A<br>| 67794 | 476060 |
|  | Zhejiang Sanmei <br> Chemical Industry <br> Co. Ltd., Class A<br>| 23500 | 184653 |
|  | Zhejiang Semir <br> Garment Co. Ltd., <br> Class A<br>| 221300 | 168234 |
|  | Zhejiang Shuanghuan <br> Driveline Co. Ltd., <br> Class A<br>| 20800 | 127841 |
|  | Zhejiang Supor Co. <br> Ltd., Class A<br>| 25654 | 172069 |
|  | Zhejiang Wanfeng Auto <br> Wheel Co. Ltd., <br> Class A<br>| 114100 | 272810 |
|  | Zhejiang Wanma Co. <br> Ltd., Class A<br>| 48300 | 121957 |
|  | Zhejiang Weiming <br> Environment <br> Protection Co. Ltd., <br> Class A<br>| 136103 | 414120 |
|  | Zhejiang Weixing New <br> Building Materials <br> Co. Ltd., Class A<br>| 96134 | 139592 |
|  | Zhejiang Wolwo <br> Bio-Pharmaceutical <br> Co. Ltd., Class A<br>| 25900 | 123514 |
|  | Zhejiang XCC Group <br> Co. Ltd., Class A<br>| 12300 | 79405 |

---

964

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Xinan <br> Chemical Industrial <br> Group Co. Ltd., <br> Class A<br>| 36080 | $51112 |
|  | Zhejiang Yinlun <br> Machinery Co. Ltd., <br> Class A<br>| 56700 | 304589 |
| \* | Zhejiang Yongtai <br> Technology Co. Ltd., <br> Class A<br>| 28400 | 77755 |
|  | Zhejiang Zhaolong <br> Interconnect <br> Technology Co. Ltd., <br> Class A<br>| 6200 | 45486 |
|  | Zheshang Securities <br> Co. Ltd., Class A<br>| 99663 | 162820 |
|  | Zhongji Innolight Co. <br> Ltd., Class A<br>| 36037 | 2379761 |
|  | Zhongjin Gold Corp. <br> Ltd., Class A<br>| 402100 | 1248964 |
|  | Zhongshan Broad <br> Ocean Motor Co. <br> Ltd., Class A<br>| 142700 | 245950 |
|  | Zhongshan Public <br> Utilities Group Co. <br> Ltd., Class A<br>| 90000 | 157056 |
|  | Zhongtai Securities Co. <br> Ltd., Class A<br>| 244700 | 240143 |
|  | Zhuhai Huafa <br> Properties Co. Ltd., <br> Class A<br>| 205500 | 142138 |
|  | Zhuzhou Hongda <br> Electronics Corp. <br> Ltd., Class A<br>| 23700 | 142557 |
|  | Zhuzhou Kibing Group <br> Co. Ltd., Class A<br>| 215101 | 214680 |
| \* | Zhuzhou Smelter <br> Group Co. Ltd., <br> Class A<br>| 56200 | 123664 |
|  | Zibo Qixiang Tengda <br> Chemical Co. Ltd., <br> Class A<br>| 145900 | 98667 |
|  | Zijin Mining Group Co. <br> Ltd., Class H<br>| 5311000 | 21971670 |
|  | Zoomlion Heavy <br> Industry Science & <br> Technology Co. Ltd., <br> Class H<br>| 36000 | 34759 |
| # | ZTE Corp., Class H | 667085 | 2817791 |
|  | ZTO Express Cayman, <br> Inc. (2057 HK)<br>| 208650 | 3849339 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | ZTO Express Cayman, <br> Inc. (ZTO US), ADR<br>| 244606 | $4547226 |
| TOTAL CHINA | TOTAL CHINA |  | 1675792104 |
| COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) |
|  | Grupo Argos SA | 261814 | 1181830 |
|  | Grupo Cibest SA | 125383 | 2032972 |
|  | Grupo Cibest SA, <br> ADR<br>| 41971 | 2435997 |
|  | Grupo de Inversiones <br> Suramericana SA<br>| 61756 | 750748 |
|  | Grupo Energia Bogota <br> SA ESP<br>| 891152 | 728241 |
|  | Interconexion Electrica <br> SA ESP<br>| 257551 | 1670383 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 8800171 |
| CZECH REPUBLIC — (0.1%) | CZECH REPUBLIC — (0.1%) | CZECH REPUBLIC — (0.1%) | CZECH REPUBLIC — (0.1%) |
|  | CEZ AS | 95167 | 5827895 |
|  | Komercni Banka AS | 56670 | 2899016 |
| TOTAL CZECH <br> REPUBLIC | TOTAL CZECH <br> REPUBLIC |  | 8726911 |
| EGYPT — (0.1%) | EGYPT — (0.1%) | EGYPT — (0.1%) | EGYPT — (0.1%) |
|  | Commercial <br> International Bank - <br> Egypt (CIB) (CBKD <br> LI), GDR<br>| 1486289 | 3168787 |
|  | Commercial <br> International Bank - <br> Egypt (CIB) <br> (CMGGF US), GDR<br>| 122339 | 261194 |
| TOTAL EGYPT | TOTAL EGYPT |  | 3429981 |
| GREECE — (0.6%) | GREECE — (0.6%) | GREECE — (0.6%) | GREECE — (0.6%) |
|  | Alpha Bank SA | 1758982 | 6895577 |
|  | Athens International <br> Airport SA<br>| 26143 | 301787 |
|  | Eurobank Ergasias <br> Services & Holdings <br> SA<br>| 1461852 | 5498909 |
| \*†† | FF Group | 12618 | 0 |
|  | Hellenic <br> Telecommunications <br> Organization SA<br>| 110178 | 2069010 |
|  | Jumbo SA | 96073 | 3048654 |
| \* | Metlen Energy & <br> Metals PLC<br>| 74839 | 3792479 |
|  | Motor Oil Hellas <br> Corinth Refineries <br> SA<br>| 40176 | 1203976 |

---

965

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) |
|  | National Bank of <br> Greece SA<br>| 365664 | $5374717 |
|  | OPAP SA | 107743 | 2227502 |
|  | Piraeus Financial <br> Holdings SA<br>| 535170 | 4179790 |
|  | Public Power Corp. <br> SA<br>| 126057 | 2189251 |
|  | Titan SA (TITC GA) | 27096 | 1213230 |
| TOTAL GREECE | TOTAL GREECE |  | 37994882 |
| HUNGARY — (0.3%) | HUNGARY — (0.3%) | HUNGARY — (0.3%) | HUNGARY — (0.3%) |
|  | MOL Hungarian Oil & <br> Gas PLC<br>| 489150 | 4302960 |
|  | OTP Bank Nyrt | 125562 | 11985572 |
|  | Richter Gedeon Nyrt | 110200 | 3394606 |
| TOTAL HUNGARY | TOTAL HUNGARY |  | 19683138 |
| INDIA — (16.4%) | INDIA — (16.4%) | INDIA — (16.4%) | INDIA — (16.4%) |
|  | 360 ONE WAM Ltd. | 96558 | 1178709 |
|  | ABB India Ltd. | 24064 | 1415491 |
|  | ACC Ltd. | 68617 | 1451113 |
| \* | Adani Energy Solutions <br> Ltd.<br>| 154675 | 1705839 |
|  | Adani Enterprises Ltd. | 36973 | 1029665 |
| \* | Adani Green Energy <br> Ltd.<br>| 68205 | 871766 |
|  | Adani Ports & Special <br> Economic Zone Ltd.<br>| 370000 | 6046852 |
| \* | Adani Power Ltd. | 3158258 | 5612867 |
|  | Adani Total Gas Ltd. | 74820 | 530556 |
| \* | Aditya Birla Capital <br> Ltd.<br>| 775396 | 2840035 |
| \* | Aditya Birla Fashion & <br> Retail Ltd.<br>| 177988 | 162689 |
| \* | Aditya Birla Lifestyle <br> Brands Ltd.<br>| 177988 | 268060 |
|  | Alkem Laboratories <br> Ltd.<br>| 31232 | 1929962 |
|  | Ambuja Cements Ltd. | 409686 | 2607032 |
|  | Apar Industries Ltd. | 5329 | 520104 |
|  | APL Apollo Tubes Ltd. | 110873 | 2242887 |
|  | Apollo Hospitals <br> Enterprise Ltd.<br>| 74506 | 6444097 |
|  | Ashok Leyland Ltd. | 4027856 | 6408425 |
|  | Asian Paints Ltd. | 164619 | 4654075 |
|  | Astral Ltd. | 93248 | 1519768 |
| Ω | AU Small Finance <br> Bank Ltd.<br>| 284256 | 2802629 |
|  | Aurobindo Pharma <br> Ltd.<br>| 288162 | 3713051 |
| \*Ω | Avenue Supermarts <br> Ltd.<br>| 38115 | 1781897 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | AWL Agri Business <br> Ltd.<br>| 56448 | $174097 |
|  | Axis Bank Ltd. (AXSB <br> IN)<br>| 1416092 | 19643854 |
|  | Bajaj Auto Ltd. | 46497 | 4659206 |
|  | Bajaj Finance Ltd. | 1665720 | 19604493 |
|  | Bajaj Finserv Ltd. | 240357 | 5653722 |
|  | Bajaj Holdings & <br> Investment Ltd.<br>| 33808 | 4689536 |
|  | Balkrishna Industries <br> Ltd.<br>| 94739 | 2436704 |
|  | Bank of Baroda | 904824 | 2832019 |
|  | Bank of India | 512337 | 807646 |
|  | Bank of Maharashtra | 586640 | 390426 |
|  | Berger Paints India <br> Ltd.<br>| 203984 | 1243285 |
|  | Bharat Dynamics Ltd. | 32577 | 562528 |
|  | Bharat Electronics Ltd. | 1821863 | 8738277 |
|  | Bharat Forge Ltd. | 261827 | 3891879 |
|  | Bharat Heavy <br> Electricals Ltd.<br>| 802001 | 2387034 |
|  | Bharat Petroleum <br> Corp. Ltd.<br>| 998744 | 3999926 |
|  | Bharti Airtel Ltd. | 1624238 | 37735637 |
|  | Biocon Ltd. | 370734 | 1556821 |
|  | Blue Star Ltd. | 65979 | 1433028 |
|  | Bosch Ltd. | 4191 | 1758774 |
|  | Britannia Industries <br> Ltd.<br>| 76394 | 5033507 |
|  | BSE Ltd. | 87829 | 2454649 |
|  | Canara Bank | 1973841 | 3036896 |
|  | CG Power & Industrial <br> Solutions Ltd.<br>| 557210 | 4614867 |
|  | Cholamandalam <br> Financial Holdings <br> Ltd.<br>| 42287 | 906744 |
|  | Cholamandalam <br> Investment & <br> Finance Co. Ltd.<br>| 429365 | 8225490 |
|  | Cipla Ltd. | 483014 | 8168770 |
|  | Coal India Ltd. | 747144 | 3273019 |
| Ω | Cochin Shipyard Ltd. | 38849 | 783181 |
|  | Coforge Ltd. | 230476 | 4630853 |
| \* | Cohance Lifesciences <br> Ltd.<br>| 16889 | 142748 |
|  | Colgate-Palmolive <br> India Ltd.<br>| 124027 | 3142824 |
|  | Container Corp. of <br> India Ltd.<br>| 234814 | 1446352 |
|  | Coromandel <br> International Ltd.<br>| 74195 | 1784550 |
|  | CRISIL Ltd. | 6759 | 375765 |
|  | Cummins India Ltd. | 96851 | 4742499 |
|  | Dabur India Ltd. | 335935 | 1846319 |

---

966

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Dalmia Bharat Ltd. | 50419 | $1191046 |
|  | Divi's Laboratories <br> Ltd.<br>| 69403 | 5278377 |
|  | Dixon Technologies <br> India Ltd.<br>| 29478 | 5140271 |
|  | DLF Ltd. | 440685 | 3758900 |
| # | Dr. Reddy's <br> Laboratories Ltd., <br> ADR<br>| 511886 | 6802965 |
|  | Dr. Reddy's <br> Laboratories Ltd. <br> (DRRD IN)<br>| 122796 | 1652803 |
|  | Eicher Motors Ltd. | 110738 | 8741790 |
| Ω | Endurance <br> Technologies Ltd.<br>| 16801 | 537030 |
|  | Escorts Kubota Ltd. | 20280 | 863225 |
| \* | Eternal Ltd. | 1098441 | 3923331 |
|  | Federal Bank Ltd. | 1577773 | 4202590 |
|  | Fortis Healthcare Ltd. | 270770 | 3123586 |
| \* | FSN E-Commerce <br> Ventures Ltd.<br>| 676343 | 1891447 |
|  | GAIL India Ltd. (GAID <br> LI), GDR<br>| 54290 | 656014 |
|  | GAIL India Ltd. (GAIL <br> IN)<br>| 2001507 | 4105117 |
|  | GE Vernova T&D India <br> Ltd.<br>| 64858 | 2214406 |
|  | GlaxoSmithKline <br> Pharmaceuticals <br> Ltd.<br>| 31603 | 931841 |
|  | Glenmark <br> Pharmaceuticals <br> Ltd.<br>| 84971 | 1809377 |
|  | Global Health Ltd. | 24679 | 363591 |
| \* | GMR Airports Ltd. | 2072479 | 2187031 |
|  | Godfrey Phillips India <br> Ltd.<br>| 5280 | 183221 |
|  | Godrej Consumer <br> Products Ltd.<br>| 250638 | 3160316 |
| \* | Godrej Industries Ltd. | 16002 | 200138 |
| \* | Godrej Properties Ltd. | 93187 | 2397184 |
|  | Grasim Industries Ltd. | 217483 | 7099007 |
|  | Gujarat <br> Fluorochemicals <br> Ltd.<br>| 15556 | 656149 |
|  | Havells India Ltd. | 137520 | 2309540 |
|  | HCL Technologies Ltd. | 718185 | 12449201 |
| Ω | HDFC Asset <br> Management Co. <br> Ltd.<br>| 82181 | 4975127 |
|  | HDFC Bank Ltd. | 4090030 | 45506334 |
| Ω | HDFC Life Insurance <br> Co. Ltd.<br>| 305987 | 2517443 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Hero MotoCorp Ltd. <br> (HMCL IN)<br>| 149917 | $9367992 |
|  | Hindalco Industries <br> Ltd.<br>| 1268841 | 12118380 |
|  | Hindustan Aeronautics <br> Ltd.<br>| 138456 | 7308052 |
|  | Hindustan Petroleum <br> Corp. Ltd.<br>| 821956 | 4397363 |
|  | Hindustan Unilever <br> Ltd.<br>| 302576 | 8388563 |
|  | Hitachi Energy India <br> Ltd.<br>| 7055 | 1410331 |
|  | ICICI Bank Ltd. (IBN <br> US), Sponsored <br> ADR<br>| 649989 | 19694652 |
|  | ICICI Bank Ltd. <br> (ICICIBC IN)<br>| 2536225 | 38436206 |
| Ω | ICICI Lombard General <br> Insurance Co. Ltd.<br>| 135564 | 3056268 |
| Ω | ICICI Prudential Life <br> Insurance Co. Ltd.<br>| 175389 | 1168700 |
|  | IDFC First Bank Ltd. | 3209774 | 2952926 |
|  | Indian Bank | 219416 | 2122513 |
|  | Indian Hotels Co. Ltd. | 571497 | 4792605 |
|  | Indian Oil Corp. Ltd. | 1618370 | 3026447 |
|  | Indian Railway <br> Catering & Tourism <br> Corp. Ltd.<br>| 255728 | 2067404 |
| Ω | Indian Railway Finance <br> Corp. Ltd.<br>| 1076163 | 1493422 |
|  | Indraprastha Gas Ltd. | 40564 | 96698 |
| \* | Indus Towers Ltd. | 1282229 | 5260974 |
| \* | IndusInd Bank Ltd. | 281390 | 2518241 |
|  | Info Edge India Ltd. | 303145 | 4692576 |
|  | Infosys Ltd. (INFO IN) | 2148691 | 35792021 |
| # | Infosys Ltd. (INFY US), <br> Sponsored ADR<br>| 331357 | 5490585 |
| Ω | InterGlobe Aviation <br> Ltd.<br>| 123469 | 7851339 |
|  | Ipca Laboratories Ltd. | 55479 | 793520 |
| \* | ITC Hotels Ltd. | 196018 | 478764 |
|  | ITC Ltd. | 2061428 | 9748542 |
|  | Jindal Stainless Ltd. | 394916 | 3352419 |
|  | Jindal Steel Ltd. | 474576 | 5706254 |
|  | Jio Financial Services <br> Ltd.<br>| 1848237 | 6394171 |
|  | JK Cement Ltd. | 23220 | 1628957 |
|  | JSW Energy Ltd. | 435675 | 2589529 |
|  | JSW Steel Ltd. | 579161 | 7878066 |
|  | Jubilant Foodworks <br> Ltd.<br>| 297986 | 2012861 |
|  | Kalyan Jewellers India <br> Ltd.<br>| 259294 | 1489234 |

---

967

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Kaynes Technology <br> India Ltd.<br>| 4681 | $353563 |
|  | KEI Industries Ltd. | 21000 | 951937 |
|  | Kotak Mahindra Bank <br> Ltd.<br>| 406861 | 9653161 |
|  | KPR Mill Ltd. | 23473 | 282542 |
|  | L&T Finance Ltd. | 533234 | 1624428 |
| Ω | L&T Technology <br> Services Ltd.<br>| 22326 | 1033949 |
|  | Larsen & Toubro Ltd. | 334543 | 15168779 |
| Ω | Laurus Labs Ltd. | 185343 | 1993465 |
|  | Linde India Ltd. | 7453 | 504325 |
|  | Lloyds Metals & <br> Energy Ltd.<br>| 43698 | 640795 |
| Ω | Lodha Developers Ltd. | 77914 | 1051691 |
| Ω | LTIMindtree Ltd. | 58760 | 3755707 |
|  | Lupin Ltd. | 233272 | 5181189 |
|  | Mahindra & Mahindra <br> Financial Services <br> Ltd.<br>| 502431 | 1785157 |
|  | Mahindra & Mahindra <br> Ltd.<br>| 808151 | 31765464 |
|  | Mankind Pharma Ltd. | 49763 | 1330169 |
|  | Marico Ltd. | 528814 | 4298876 |
|  | Maruti Suzuki India <br> Ltd.<br>| 61939 | 11258451 |
| \* | Max Financial Services <br> Ltd.<br>| 131466 | 2287246 |
|  | Max Healthcare <br> Institute Ltd.<br>| 450898 | 5835023 |
|  | Mazagon Dock <br> Shipbuilders Ltd.<br>| 36096 | 1112077 |
|  | Motherson Sumi Wiring <br> India Ltd.<br>| 614101 | 325644 |
|  | Motilal Oswal Financial <br> Services Ltd.<br>| 121608 | 1336962 |
|  | Mphasis Ltd. | 110972 | 3443843 |
|  | MRF Ltd. | 2197 | 3908234 |
|  | Multi Commodity <br> Exchange of India <br> Ltd.<br>| 8698 | 905595 |
|  | Muthoot Finance Ltd. | 229466 | 8253614 |
|  | Narayana Hrudayalaya <br> Ltd.<br>| 50824 | 1003586 |
|  | National Aluminium Co. <br> Ltd.<br>| 139466 | 367172 |
|  | Nestle India Ltd. | 384606 | 5513669 |
|  | NHPC Ltd. | 2254641 | 2153185 |
| Ω | Nippon Life India Asset <br> Management Ltd.<br>| 86333 | 850313 |
|  | NLC India Ltd. | 104302 | 306943 |
|  | NMDC Ltd. | 4246697 | 3618529 |
| \* | NMDC Steel Ltd. | 1251805 | 605037 |
|  | NTPC Ltd. | 2211859 | 8377118 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Oberoi Realty Ltd. | 101713 | $2035021 |
|  | Oil & Natural Gas <br> Corp. Ltd.<br>| 1431491 | 4126245 |
|  | Oil India Ltd. | 286923 | 1401354 |
|  | One 97 <br> Communications <br> Ltd.<br>| 213187 | 3120644 |
|  | Oracle Financial <br> Services Software <br> Ltd.<br>| 28675 | 2751410 |
|  | Page Industries Ltd. | 5755 | 2646950 |
|  | Patanjali Foods Ltd. | 138926 | 942848 |
| \* | PB Fintech Ltd. | 130177 | 2613894 |
|  | Persistent Systems <br> Ltd.<br>| 92930 | 6188915 |
|  | Petronet LNG Ltd. | 1234353 | 3907830 |
|  | Phoenix Mills Ltd.  | 121961 | 2321820 |
|  | PI Industries Ltd. | 58905 | 2374094 |
|  | Pidilite Industries Ltd. | 170066 | 2774346 |
|  | Piramal Pharma Ltd. | 193780 | 437925 |
|  | Polycab India Ltd. | 39678 | 3443820 |
| \* | Poonawalla Fincorp <br> Ltd.<br>| 5650 | 30636 |
|  | Power Finance Corp. <br> Ltd.<br>| 1781182 | 8082635 |
|  | Power Grid Corp. of <br> India Ltd.<br>| 2263465 | 7343775 |
|  | Prestige Estates <br> Projects Ltd.<br>| 109654 | 2162601 |
|  | Procter & Gamble <br> Hygiene & Health <br> Care Ltd.<br>| 10034 | 1508790 |
|  | Punjab National Bank | 1807490 | 2499724 |
|  | Radico Khaitan Ltd. | 22435 | 791729 |
|  | Rail Vikas Nigam Ltd. | 203905 | 754750 |
|  | REC Ltd. | 1858383 | 7848705 |
|  | Reliance Industries <br> Ltd. (RIL IN)<br>| 2605360 | 43612671 |
|  | Samvardhana <br> Motherson <br> International Ltd.<br>| 5022432 | 5959365 |
|  | SBI Cards & Payment <br> Services Ltd.<br>| 173017 | 1715538 |
| Ω | SBI Life Insurance Co. <br> Ltd.<br>| 279608 | 6162337 |
|  | Schaeffler India Ltd. | 30358 | 1378214 |
|  | Shree Cement Ltd. | 5977 | 1905989 |
|  | Shriram Finance Ltd. | 1643538 | 13906223 |
| \* | Siemens Energy India <br> Ltd.<br>| 25747 | 922064 |
|  | Siemens Ltd. | 25747 | 899536 |
|  | SJVN Ltd. | 336376 | 333355 |
|  | Solar Industries India <br> Ltd.<br>| 25227 | 3951994 |

---

968

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | SRF Ltd. | 135219 | $4468333 |
|  | State Bank of India <br> (SBID LI), GDR<br>| 128 | 13568 |
|  | State Bank of India <br> (SBIN IN)<br>| 1072406 | 11327922 |
|  | State Bank of India <br> (SBKFF US), GDR<br>| 1669 | 176914 |
|  | Steel Authority of India <br> Ltd.<br>| 950894 | 1460872 |
|  | Sun Pharmaceutical <br> Industries Ltd. <br> (SUNP IN)<br>| 343192 | 6543381 |
|  | Sundaram Finance <br> Ltd.<br>| 53307 | 2734670 |
|  | Supreme Industries <br> Ltd.<br>| 45937 | 1965975 |
| \* | Suzlon Energy Ltd. | 6599930 | 4410977 |
|  | Tata Communications <br> Ltd.<br>| 103969 | 2192791 |
|  | Tata Consultancy <br> Services Ltd.<br>| 483660 | 16656872 |
|  | Tata Consumer <br> Products Ltd.<br>| 281776 | 3690147 |
|  | Tata Elxsi Ltd. | 3564 | 218825 |
| \* | Tata Motors Ltd./new | 1305010 | 3833238 |
|  | Tata Motors Passenger <br> Vehicles Ltd.<br>| 1305010 | 6024784 |
|  | Tata Power Co. Ltd. | 1037437 | 4726546 |
|  | Tata Steel Ltd. | 6287988 | 12945025 |
|  | Tech Mahindra Ltd. | 427815 | 6855425 |
|  | Thermax Ltd. | 8677 | 314313 |
|  | Titan Co. Ltd. | 188444 | 7944288 |
|  | Torrent <br> Pharmaceuticals <br> Ltd.<br>| 118651 | 4741057 |
|  | Torrent Power Ltd. | 129968 | 1927138 |
|  | Trent Ltd. | 117296 | 6199800 |
|  | Tube Investments of <br> India Ltd.<br>| 83201 | 2829369 |
|  | TVS Motor Co. Ltd. | 217577 | 8593884 |
|  | UltraTech Cement Ltd. | 62826 | 8431975 |
|  | Union Bank of India <br> Ltd.<br>| 1395817 | 2332176 |
|  | United Breweries Ltd. | 45973 | 930721 |
|  | United Spirits Ltd. | 221847 | 3573029 |
|  | UNO Minda Ltd. | 126123 | 1751197 |
|  | UPL Ltd. | 556261 | 4498875 |
|  | Varun Beverages Ltd. | 829375 | 4381341 |
|  | Vedanta Ltd. | 1426185 | 7929553 |
| \* | Vodafone Idea Ltd. | 16312918 | 1602786 |
|  | Voltas Ltd. | 124989 | 1941755 |
|  | Wipro Ltd. | 1772249 | 4804169 |
| \* | Yes Bank Ltd. | 11783222 | 3022604 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Zydus Lifesciences <br> Ltd.<br>| 252848 | $2782691 |
| TOTAL INDIA | TOTAL INDIA |  | 1069424638 |
| INDONESIA — (1.3%) | INDONESIA — (1.3%) | INDONESIA — (1.3%) | INDONESIA — (1.3%) |
|  | Alamtri Resources <br> Indonesia Tbk. PT<br>| 16967500 | 1920830 |
| \* | Amman Mineral <br> Internasional PT<br>| 1904600 | 812409 |
|  | Aneka Tambang Tbk. <br> PT<br>| 7067800 | 1314665 |
|  | Astra International Tbk. <br> PT<br>| 13369310 | 4943480 |
|  | Bank Central Asia Tbk. <br> PT<br>| 27517100 | 14088524 |
|  | Bank Mandiri Persero <br> Tbk. PT<br>| 29718968 | 8419786 |
|  | Bank Negara <br> Indonesia Persero <br> Tbk. PT<br>| 11716444 | 3079483 |
|  | Bank Rakyat Indonesia <br> Persero Tbk. PT<br>| 32814876 | 7849983 |
|  | Bank Syariah <br> Indonesia Tbk. PT<br>| 9185823 | 1406768 |
| \* | Barito Pacific Tbk. PT | 14164128 | 2935433 |
|  | Barito Renewables <br> Energy Tbk. PT<br>| 5866900 | 3058787 |
| \* | Bumi Resources <br> Minerals Tbk. PT<br>| 32748000 | 1809233 |
| \* | Bumi Resources Tbk. <br> PT<br>| 72197200 | 615665 |
| \* | Capital Financial <br> Indonesia Tbk. PT<br>| 4473700 | 294521 |
|  | Chandra Asri Pacific <br> Tbk. PT<br>| 1588400 | 663559 |
|  | Charoen Pokphand <br> Indonesia Tbk. PT<br>| 5630800 | 1580176 |
|  | Cisarua Mountain <br> Dairy Tbk. PT<br>| 104600 | 35681 |
|  | Dayamitra <br> Telekomunikasi PT<br>| 7063400 | 237787 |
| \* | Dian Swastatika <br> Sentosa Tbk. PT<br>| 566300 | 2877819 |
|  | Elang Mahkota <br> Teknologi Tbk. PT<br>| 6212300 | 441561 |
| \* | Impack Pratama <br> Industri Tbk. PT<br>| 965500 | 136863 |
|  | Indah Kiat Pulp & <br> Paper Tbk. PT<br>| 513000 | 229431 |
|  | Indofood CBP Sukses <br> Makmur Tbk. PT<br>| 1475200 | 770950 |
|  | Indofood Sukses <br> Makmur Tbk. PT<br>| 4121400 | 1834085 |

---

969

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Indosat Tbk. PT | 5074800 | $574568 |
|  | Kalbe Farma Tbk. PT | 13178900 | 1010843 |
|  | Mayora Indah Tbk. PT | 4093825 | 523522 |
| \* | Merdeka Battery <br> Materials Tbk. PT<br>| 17298100 | 653603 |
| \* | Merdeka Copper Gold <br> Tbk. PT<br>| 4804495 | 703015 |
|  | Mitra Keluarga <br> Karyasehat Tbk. PT<br>| 235200 | 36497 |
|  | Pantai Indah Kapuk <br> Dua Tbk. PT<br>| 441900 | 374072 |
|  | Perusahaan Gas <br> Negara Tbk. PT<br>| 5488800 | 573889 |
|  | Petrindo Jaya Kreasi <br> Tbk. PT<br>| 15216000 | 1837067 |
|  | Petrosea Tbk. PT | 1703500 | 695227 |
|  | Sarana Menara <br> Nusantara Tbk. PT<br>| 886000 | 28997 |
|  | Sumber Alfaria Trijaya <br> Tbk. PT<br>| 13422000 | 1620732 |
|  | Telkom Indonesia <br> Persero Tbk. PT <br> (TLKM IJ)<br>| 36996000 | 7156308 |
|  | Tower Bersama <br> Infrastructure Tbk. <br> PT<br>| 407000 | 58260 |
|  | Trimegah Bangun <br> Persada Tbk. PT<br>| 4987100 | 374811 |
|  | Unilever Indonesia <br> Tbk. PT<br>| 5668900 | 879004 |
|  | United Tractors Tbk. <br> PT<br>| 1725996 | 2790724 |
|  | Vale Indonesia Tbk. <br> PT<br>| 1299400 | 370760 |
|  | XLSMART Telecom <br> Sejahtera Tbk. PT<br>| 511700 | 80279 |
| TOTAL INDONESIA | TOTAL INDONESIA |  | 81699657 |
| KUWAIT — (0.6%) | KUWAIT — (0.6%) | KUWAIT — (0.6%) | KUWAIT — (0.6%) |
|  | Agility Public <br> Warehousing Co. <br> KSC<br>| 1028838 | 505289 |
|  | Al Ahli Bank of Kuwait <br> KSCP<br>| 603204 | 565669 |
|  | Boubyan Bank KSCP | 380623 | 888160 |
|  | Boursa Kuwait <br> Securities Co. <br> KPSC<br>| 8556 | 112121 |
|  | Burgan Bank SAK | 819924 | 632126 |
|  | Gulf Bank KSCP | 2625657 | 2999857 |
|  | Kuwait Finance House <br> KSCP<br>| 4764505 | 12474150 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
|  | Kuwait <br> Telecommunications <br> Co.<br>| 158407 | $306626 |
|  | Mabanee Co. KPSC | 700050 | 2299049 |
|  | Mobile <br> Telecommunications <br> Co. KSCP<br>| 1927276 | 3330741 |
|  | National Bank of <br> Kuwait SAKP<br>| 3964089 | 13576000 |
|  | National Industries <br> Group Holding SAK<br>| 1626920 | 1543158 |
| \* | Warba Bank KSCP | 977966 | 924182 |
| TOTAL KUWAIT | TOTAL KUWAIT |  | 40157128 |
| MALAYSIA — (1.4%) | MALAYSIA — (1.4%) | MALAYSIA — (1.4%) | MALAYSIA — (1.4%) |
|  | Alliance Bank Malaysia <br> Bhd.<br>| 1011970 | 1061929 |
| # | AMMB Holdings Bhd. <br> (AMM MK)<br>| 2154159 | 2930134 |
| # | Axiata Group Bhd. | 2965732 | 1778437 |
|  | Batu Kawan Bhd. | 124700 | 571894 |
| # | Bursa Malaysia Bhd. | 232700 | 455147 |
|  | CelcomDigi Bhd. | 1985320 | 1706707 |
| \* | Chin Hin Group Bhd. | 88100 | 48571 |
| # | CIMB Group Holdings <br> Bhd.<br>| 5567870 | 9689776 |
| # | Dialog Group Bhd. | 2057818 | 962732 |
|  | Eco World <br> Development Group <br> Bhd.<br>| 734600 | 360928 |
| # | Fraser & Neave <br> Holdings Bhd.<br>| 115900 | 778741 |
| # | Frontken Corp. Bhd. | 704200 | 758507 |
|  | Gamuda Bhd. | 3628709 | 4358115 |
|  | Genting Bhd. | 1872800 | 1510245 |
| # | Genting Malaysia Bhd. | 2524700 | 1403796 |
|  | HAP Seng <br> Consolidated Bhd.<br>| 395100 | 280250 |
| # | Heineken Malaysia <br> Bhd.<br>| 44700 | 227367 |
| # | Hong Leong Bank <br> Bhd.<br>| 239466 | 1175093 |
|  | Hong Leong Financial <br> Group Bhd.<br>| 224783 | 906616 |
|  | IHH Healthcare Bhd. | 868900 | 1710784 |
| # | IJM Corp. Bhd. | 2122200 | 1254132 |
| # | Inari Amertron Bhd. | 1175400 | 732635 |
| # | IOI Corp. Bhd. | 1322505 | 1269184 |
|  | IOI Properties Group <br> Bhd.<br>| 1450429 | 727250 |
| # | KPJ Healthcare Bhd. | 1183500 | 801132 |
| # | Kuala Lumpur Kepong <br> Bhd.<br>| 346302 | 1693716 |

---

970

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | Malayan Banking Bhd. | 2464719 | $5808808 |
|  | Malayan Cement Bhd. | 257200 | 421321 |
|  | Maxis Bhd. | 1381600 | 1253712 |
| # | MISC Bhd. | 598498 | 1113039 |
| #Ω | Mr. DIY Group M Bhd. | 2400250 | 915682 |
|  | Nestle Malaysia Bhd. | 48300 | 1303070 |
|  | Petronas Chemicals <br> Group Bhd.<br>| 1265900 | 1177485 |
| # | Petronas Dagangan <br> Bhd.<br>| 194500 | 1053120 |
| # | Petronas Gas Bhd. | 360800 | 1592762 |
|  | PPB Group Bhd. | 477080 | 1268373 |
| # | Press Metal Aluminium <br> Holdings Bhd.<br>| 1958700 | 2958740 |
|  | Public Bank Bhd. | 8022870 | 8076758 |
| # | QL Resources Bhd. | 1443877 | 1430282 |
|  | RHB Bank Bhd. | 1801980 | 2913208 |
|  | SD Guthrie Bhd. | 1387121 | 1748515 |
|  | Sime Darby Bhd. | 3077561 | 1504497 |
| # | Sime Darby Property <br> Bhd.<br>| 1985400 | 638437 |
|  | Sunway Bhd. | 1605582 | 2069754 |
| # | Sunway Construction <br> Group Bhd.<br>| 375200 | 526310 |
|  | Telekom Malaysia <br> Bhd.<br>| 803529 | 1400348 |
|  | Tenaga Nasional Bhd. | 1305750 | 4136943 |
| # | TIME dotCom Bhd. | 897000 | 1021211 |
| # | United Plantations <br> Bhd.<br>| 233150 | 1378692 |
|  | ViTrox Corp. Bhd. | 264600 | 284319 |
|  | Westports Holdings <br> Bhd.<br>| 592348 | 727753 |
| # | Yinson Holdings Bhd. | 745800 | 421995 |
| # | YTL Corp. Bhd. | 3863054 | 2393031 |
| # | YTL Power <br> International Bhd.<br>| 1837199 | 1746290 |
|  | Zetrix Ai Bhd. | 3673637 | 740179 |
| TOTAL MALAYSIA | TOTAL MALAYSIA |  | 91178452 |
| MEXICO — (1.8%) | MEXICO — (1.8%) | MEXICO — (1.8%) | MEXICO — (1.8%) |
| # | America Movil SAB de <br> CV (2228390D US), <br> ADR<br>| 7345 | 167246 |
|  | America Movil SAB de <br> CV (AMXB MM)<br>| 12430805 | 14144695 |
|  | Arca Continental SAB <br> de CV<br>| 282117 | 2729983 |
|  | Cemex SAB de CV <br> (CEMEXCPO MM)<br>| 9114032 | 9242316 |
|  | Cemex SAB de CV <br> (CX US), Sponsored <br> ADR<br>| 285199 | 2894770 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
| # | Coca-Cola Femsa SAB <br> de CV (KOFUBL <br> MM)<br>| 366297 | $3145716 |
| \* | Controladora AXTEL <br> SAB de CV<br>| 3493876 | 170194 |
|  | El Puerto de Liverpool <br> SAB de CV, <br> Class C1<br>| 163857 | 798360 |
| # | Fomento Economico <br> Mexicano SAB de <br> CV (FEMSAUBD <br> MM)<br>| 607316 | 5721588 |
|  | Gruma SAB de CV, <br> Class B<br>| 183969 | 3115744 |
|  | Grupo Aeroportuario <br> del Centro Norte <br> SAB de CV<br>| 46829 | 577117 |
|  | Grupo Aeroportuario <br> del Pacifico SAB de <br> CV (GAPB MM), <br> Class B<br>| 217300 | 4513140 |
| # | Grupo Aeroportuario <br> del Pacifico SAB de <br> CV (PAC US), ADR<br>| 10856 | 2261522 |
|  | Grupo Aeroportuario <br> del Sureste SAB de <br> CV (ASR US), ADR<br>| 11915 | 3602381 |
|  | Grupo Aeroportuario <br> del Sureste SAB de <br> CV (ASURB MM), <br> Class B<br>| 2990 | 90470 |
| # | Grupo Bimbo SAB de <br> CV<br>| 764083 | 2638726 |
|  | Grupo Carso SAB de <br> CV<br>| 440134 | 3126436 |
| # | Grupo Comercial <br> Chedraui SA de CV<br>| 262690 | 1907979 |
|  | Grupo Financiero <br> Banorte SAB de CV, <br> Class O<br>| 1612674 | 15139353 |
| # | Grupo Financiero <br> Inbursa SAB de CV, <br> Class O<br>| 1424341 | 3450741 |
|  | Grupo Mexico SAB de <br> CV<br>| 1887497 | 16286818 |
| \* | Industrias Penoles <br> SAB de CV<br>| 201231 | 8501450 |
|  | Kimberly-Clark de <br> Mexico SAB de CV, <br> Class A<br>| 1549006 | 3002379 |
| \* | Organizacion Soriana <br> SAB de CV, Class B<br>| 169864 | 242291 |

---

971

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
| Promotora y <br> Operadora de <br> Infraestructura SAB <br> de CV (PINFRA <br> MM)<br>| 125669 | $1623480 |
| Wal-Mart de Mexico <br> SAB de CV<br>| 2098615 | 6946999 |
| TOTAL MEXICO |  | 116041894 |
| PERU — (0.1%) | PERU — (0.1%) | PERU — (0.1%) |
| Cementos Pacasmayo <br> SAA, ADR<br>| 15173 | 110310 |
| Cia de Minas <br> Buenaventura SAA, <br> ADR<br>| 35679 | 812411 |
| Credicorp Ltd. | 31265 | 8160165 |
| TOTAL PERU |  | 9082886 |
| PHILIPPINES — (0.4%) | PHILIPPINES — (0.4%) | PHILIPPINES — (0.4%) |
| Aboitiz Equity <br> Ventures, Inc.<br>| 1225120 | 592895 |
| Aboitiz Power Corp. | 1003100 | 702740 |
| Ayala Corp. | 156092 | 1240440 |
| Ayala Land, Inc. | 3542618 | 1196678 |
| Bank of the Philippine <br> Islands<br>| 1325092 | 2372999 |
| BDO Unibank, Inc. | 1877628 | 4258351 |
| China Banking Corp. | 388340 | 337274 |
| DMCI Holdings, Inc. | 1834700 | 351774 |
| Emperador, Inc. | 1167000 | 316731 |
| Globe Telecom, Inc. | 27092 | 679283 |
| GT Capital Holdings, <br> Inc.<br>| 2660 | 24673 |
| International Container <br> Terminal Services, <br> Inc.<br>| 556400 | 5018385 |
| JG Summit Holdings, <br> Inc.<br>| 982600 | 399636 |
| Jollibee Foods Corp. | 323140 | 1188891 |
| LT Group, Inc. | 308000 | 76550 |
| Manila Electric Co. | 121000 | 1201093 |
| Metropolitan Bank & <br> Trust Co.<br>| 1971228 | 2310570 |
| PLDT, Inc. (TEL PM) | 64180 | 1219765 |
| San Miguel Corp. | 856840 | 946853 |
| Semirara Mining & <br> Power Corp.<br>| 220100 | 123582 |
| SM Investments Corp. | 78723 | 974143 |
| SM Prime Holdings, <br> Inc.<br>| 3821610 | 1454628 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |
|  | Universal Robina <br> Corp.<br>| 579760 | $718563 |
| TOTAL PHILIPPINES | TOTAL PHILIPPINES |  | 27706497 |
| POLAND — (1.1%) | POLAND — (1.1%) | POLAND — (1.1%) | POLAND — (1.1%) |
|  | Alior Bank SA | 99538 | 2773640 |
| \*Ω | Allegro.eu SA | 168079 | 1569493 |
|  | Asseco Poland SA | 38891 | 2262162 |
|  | Bank Handlowy w <br> Warszawie SA<br>| 30094 | 848281 |
| \* | Bank Millennium SA | 463894 | 1941750 |
|  | Bank Polska Kasa <br> Opieki SA<br>| 133639 | 6842553 |
| # | Budimex SA | 11804 | 1874000 |
| #\* | CCC SA | 37178 | 1521676 |
| # | CD Projekt SA | 40807 | 2803747 |
| \*Ω | Dino Polska SA | 274720 | 3281340 |
|  | ING Bank Slaski SA | 26504 | 2261296 |
| \* | KGHM Polska Miedz <br> SA<br>| 100333 | 5262781 |
| # | LPP SA | 744 | 3611510 |
| \* | mBank SA | 10637 | 2832517 |
|  | Orange Polska SA | 491173 | 1197039 |
|  | ORLEN SA | 322169 | 8732020 |
| # | Pepco Group NV | 71711 | 540130 |
| \* | PGE Polska Grupa <br> Energetyczna SA<br>| 866705 | 2628086 |
|  | Powszechna Kasa <br> Oszczednosci Bank <br> Polski SA<br>| 344222 | 7057674 |
|  | Powszechny Zaklad <br> Ubezpieczen SA<br>| 376512 | 6020115 |
|  | Santander Bank <br> Polska SA<br>| 19016 | 2504262 |
| \* | Tauron Polska Energia <br> SA<br>| 538306 | 1457267 |
| TOTAL POLAND | TOTAL POLAND |  | 69823339 |
| QATAR — (0.7%) | QATAR — (0.7%) | QATAR — (0.7%) | QATAR — (0.7%) |
|  | Al Rayan Bank | 3472385 | 2232235 |
|  | Barwa Real Estate <br> Co.<br>| 49162 | 35503 |
|  | Commercial Bank <br> PSQC <br>| 2869365 | 3265457 |
|  | Dukhan Bank | 955254 | 911882 |
| \* | Estithmar Holding <br> QPSC<br>| 285106 | 321087 |
|  | Industries Qatar QSC | 240468 | 837837 |
|  | Mesaieed <br> Petrochemical <br> Holding Co.<br>| 4421301 | 1516217 |
|  | Ooredoo QPSC | 1050737 | 3907973 |

---

972

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) |
|  | Qatar Electricity & <br> Water Co. QSC<br>| 344661 | $1456248 |
|  | Qatar Fuel QSC | 401397 | 1653487 |
|  | Qatar Gas Transport <br> Co. Ltd.<br>| 2385438 | 2896312 |
|  | Qatar International <br> Islamic Bank QSC<br>| 742448 | 2272786 |
|  | Qatar Islamic Bank <br> QPSC<br>| 562876 | 3794727 |
|  | Qatar National Bank <br> QPSC<br>| 3474334 | 17670425 |
|  | Qatar Navigation QSC | 577258 | 1763043 |
| TOTAL QATAR | TOTAL QATAR |  | 44535219 |
| RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) |
| \*†† | Gazprom PJSC <br> (OGZD LI), <br> Sponsored ADR<br>| 982159 | 0 |
| \*†† | Gazprom PJSC <br> (OGZPY US), <br> Sponsored ADR<br>| 311153 | 0 |
| \*†† | Magnitogorsk Iron & <br> Steel Works PJSC <br> (MMK LI), <br> Sponsored GDR<br>| 172148 | 0 |
| \*†† | PhosAgro PJSC | 582 | 0 |
| \*†† | Polyus PJSC (PLZL <br> LI), GDR<br>| 20177 | 0 |
| \*†† | RusHydro PJSC <br> (HYDR LI), ADR<br>| 801602 | 0 |
| \*†† | RusHydro PJSC <br> (RSHYY US), ADR<br>| 6421 | 0 |
| \*†† | Sberbank of Russia <br> PJSC (SBER LI), <br> Sponsored ADR<br>| 948237 | 0 |
| \*†† | Severstal PAO (SVJTY <br> US), GDR<br>| 110 | 0 |
| \*†† | Severstal PAO (SVST <br> LI), GDR<br>| 67765 | 0 |
| \*†† | VTB Bank PJSC <br> (VTBR LI), GDR<br>| 1705908 | 0 |
| SAUDI ARABIA — (3.1%) | SAUDI ARABIA — (3.1%) | SAUDI ARABIA — (3.1%) | SAUDI ARABIA — (3.1%) |
| \* | ACWA Power Co. | 73421 | 4743074 |
|  | Ades Holding Co. | 261849 | 1183286 |
|  | Al Rajhi Bank | 1032597 | 29185443 |
| \* | Al Rajhi Co. for <br> Co-operative <br> Insurance<br>| 17959 | 564586 |
|  | Aldrees Petroleum & <br> Transport Services <br> Co.<br>| 27652 | 1131794 |
|  | Alinma Bank | 939614 | 6506011 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Almarai Co. JSC | 448384 | $5944767 |
|  | Arab National Bank | 729305 | 4716792 |
|  | Arabian Internet & <br> Communications <br> Services Co.<br>| 21572 | 1448838 |
|  | Astra Industrial Group <br> Co.<br>| 10208 | 405195 |
|  | Bank AlBilad | 566019 | 4472450 |
| \* | Bank Al-Jazira | 622708 | 2094204 |
|  | Banque Saudi Fransi | 958286 | 4560526 |
|  | Bupa Arabia for <br> Cooperative <br> Insurance Co.<br>| 58283 | 2551734 |
|  | Co. for Cooperative <br> Insurance <br>| 56573 | 2056708 |
|  | Dallah Healthcare Co. | 25399 | 1043048 |
| \* | Dar Al Arkan Real <br> Estate Development <br> Co.<br>| 588468 | 2710141 |
|  | Dr. Sulaiman Al Habib <br> Medical Services <br> Group Co.<br>| 71653 | 5206009 |
|  | Electrical Industries <br> Co.<br>| 66999 | 206354 |
|  | Elm Co. | 14969 | 3786831 |
|  | Etihad Etisalat Co. | 520555 | 9391575 |
|  | Jamjoom <br> Pharmaceuticals <br> Factory Co.<br>| 6178 | 256697 |
|  | Jarir Marketing Co. | 521114 | 1973654 |
|  | Mouwasat Medical <br> Services Co.<br>| 95550 | 1958469 |
|  | Nahdi Medical Co. | 34141 | 1056901 |
| \* | Rabigh Refining & <br> Petrochemical Co.<br>| 239772 | 574073 |
|  | Riyad Bank | 1131417 | 8215582 |
|  | Riyadh Cables Group <br> Co.<br>| 25949 | 978995 |
|  | SABIC Agri-Nutrients <br> Co.<br>| 179530 | 5861652 |
|  | Sahara International <br> Petrochemical Co.<br>| 409247 | 2062566 |
|  | SAL Saudi Logistics <br> Services<br>| 21297 | 1000089 |
| \* | Saudi Arabian Mining <br> Co.<br>| 457366 | 7862923 |
| Ω | Saudi Arabian Oil Co. | 2812503 | 19432965 |
|  | Saudi Aramco Base Oil <br> Co.<br>| 47935 | 1231804 |
|  | Saudi Awwal Bank | 645952 | 5573578 |
|  | Saudi Basic Industries <br> Corp.<br>| 343682 | 5593974 |
|  | Saudi Electricity Co. | 620972 | 2650915 |

---

973

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Saudi Industrial <br> Investment Group<br>| 263094 | $1139355 |
|  | Saudi Investment Bank <br>| 549691 | 2014802 |
|  | Saudi National Bank  | 1208763 | 12861912 |
| \* | Saudi Research & <br> Media Group<br>| 33077 | 1516371 |
|  | Saudi Tadawul Group <br> Holding Co.<br>| 21551 | 1144400 |
|  | Saudi Telecom Co. | 1509827 | 18188322 |
|  | Yanbu National <br> Petrochemical Co.<br>| 176450 | 1622462 |
| TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA |  | 198681827 |
| SOUTH AFRICA — (3.1%) | SOUTH AFRICA — (3.1%) | SOUTH AFRICA — (3.1%) | SOUTH AFRICA — (3.1%) |
|  | Absa Group Ltd. | 674651 | 7538471 |
|  | Anglogold Ashanti PLC <br> (AU US)<br>| 200313 | 13621284 |
|  | Bid Corp. Ltd. | 227542 | 5632616 |
|  | Bidvest Group Ltd. | 355274 | 4621525 |
|  | Capitec Bank Holdings <br> Ltd.<br>| 33167 | 7338114 |
|  | Clicks Group Ltd. | 240511 | 5071171 |
|  | Discovery Ltd. | 552707 | 6944085 |
|  | Exxaro Resources Ltd. | 116770 | 1189248 |
|  | FirstRand Ltd. | 2638155 | 12520409 |
| # | Gold Fields Ltd. (GFI <br> US), Sponsored <br> ADR<br>| 569309 | 21867159 |
|  | Harmony Gold Mining <br> Co. Ltd. (HAR SJ)<br>| 355901 | 5921683 |
|  | Harmony Gold Mining <br> Co. Ltd. (HMY US), <br> Sponsored ADR<br>| 234867 | 3877654 |
|  | Impala Platinum <br> Holdings Ltd.<br>| 705265 | 7558316 |
|  | Investec Ltd. | 209173 | 1574767 |
|  | Kumba Iron Ore Ltd. | 44636 | 888972 |
|  | Mr. Price Group Ltd. | 34067 | 407027 |
|  | MTN Group Ltd. | 1367609 | 13663113 |
|  | Naspers Ltd., Class N | 242805 | 17053654 |
|  | Nedbank Group Ltd. | 421077 | 5740451 |
|  | NEPI Rockcastle NV | 512113 | 4153103 |
|  | Northam Platinum <br> Holdings Ltd.<br>| 200653 | 3351039 |
|  | Old Mutual Ltd. (OMU <br> SJ)<br>| 3853142 | 3012980 |
|  | OUTsurance Group <br> Ltd.<br>| 716570 | 3015535 |
| Ω | Pepkor Holdings Ltd. | 2534020 | 3863669 |
|  | Sanlam Ltd. | 1355449 | 7112841 |
| \* | Sasol Ltd. (SOL SJ) | 132527 | 829165 |
| #\* | Sasol Ltd. (SSL US), <br> Sponsored ADR<br>| 54961 | 347903 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |
|  | Shoprite Holdings Ltd. | 353663 | $5915599 |
| \* | Sibanye Stillwater Ltd. <br> (SBSW US), ADR<br>| 358867 | 3789635 |
|  | Standard Bank Group <br> Ltd.<br>| 994143 | 14618713 |
|  | Tiger Brands Ltd. | 10967 | 207531 |
|  | Valterra Platinum Ltd. | 122059 | 7549252 |
|  | Vodacom Group Ltd. | 426700 | 3454244 |
| TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA |  | 204250928 |
| SOUTH KOREA — (13.7%) | SOUTH KOREA — (13.7%) | SOUTH KOREA — (13.7%) | SOUTH KOREA — (13.7%) |
| \* | ABLBio, Inc. | 10380 | 724907 |
| \* | Alteogen, Inc. | 20473 | 7000808 |
|  | Amorepacific Corp. | 16703 | 1414703 |
|  | BGF retail Co. Ltd. | 1784 | 129625 |
|  | BNK Financial Group, <br> Inc.<br>| 280250 | 2713027 |
|  | Caregen Co. Ltd. | 1083 | 49237 |
| # | Celltrion, Inc. | 42064 | 5177475 |
|  | Cheil Worldwide, Inc. | 12899 | 184078 |
|  | CJ CheilJedang Corp. | 9559 | 1537295 |
|  | CJ Corp. | 21100 | 2524164 |
|  | CJ Logistics Corp. | 738 | 42611 |
|  | Classys, Inc. | 17370 | 599674 |
|  | Cosmax, Inc. | 1810 | 259191 |
|  | Coway Co. Ltd. | 62794 | 3926495 |
|  | DB HiTek Co. Ltd. | 1795 | 73740 |
|  | DB Insurance Co. Ltd. | 61996 | 5510434 |
| # | Dongsuh Cos., Inc. | 20637 | 390599 |
|  | Doosan Bobcat, Inc. | 62204 | 2625826 |
|  | Doosan Co. Ltd. | 7014 | 4634602 |
| \* | Doosan Enerbility Co. <br> Ltd.<br>| 264772 | 16387004 |
| # | Douzone Bizon Co. <br> Ltd.<br>| 2356 | 147168 |
| #\* | Ecopro BM Co. Ltd. | 16300 | 1823843 |
| # | Ecopro Co. Ltd. | 53107 | 3270427 |
|  | E-MART, Inc. | 4859 | 246126 |
|  | Eo Technics Co. Ltd. | 650 | 106904 |
|  | GS Holdings Corp. <br> (078930 KS)<br>| 55047 | 1850213 |
| \* | GS P&L Co. Ltd. | 6432 | 172881 |
|  | Hana Financial Group, <br> Inc.<br>| 312933 | 18747370 |
| # | Hanjin Kal Corp. | 15924 | 1168739 |
|  | Hankook Tire & <br> Technology Co. Ltd.<br>| 86286 | 2801492 |
|  | Hanmi Pharm Co. Ltd. | 4951 | 1473432 |
|  | Hanmi Science Co. <br> Ltd.<br>| 1338 | 36911 |
| # | Hanmi Semiconductor <br> Co. Ltd.<br>| 31164 | 3116478 |
|  | Hanwha Aerospace <br> Co. Ltd.<br>| 19664 | 13488021 |

---

974

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Hanwha Corp. | 13652 | $913103 |
| \* | Hanwha Engine | 16299 | 564711 |
| #\* | Hanwha Life Insurance <br> Co. Ltd.<br>| 278753 | 591891 |
| \* | Hanwha Ocean Co. <br> Ltd.<br>| 25539 | 2461729 |
| # | Hanwha Solutions <br> Corp.<br>| 92221 | 1971819 |
| # | Hanwha Systems Co. <br> Ltd.<br>| 47203 | 1981671 |
| #\* | Hanwha Vision Co. <br> Ltd.<br>| 23871 | 839986 |
|  | HD Hyundai Co. Ltd. | 56208 | 8073329 |
|  | HD Hyundai Electric <br> Co. Ltd.<br>| 17979 | 10923071 |
|  | HD Hyundai Heavy <br> Industries Co. Ltd.<br>| 7484 | 3151664 |
|  | HD Hyundai Infracore <br> Co. Ltd.<br>| 68158 | 727169 |
|  | HD Hyundai Mipo | 14867 | 2518354 |
| # | HD Korea Shipbuilding <br> & Offshore <br> Engineering Co. <br> Ltd.<br>| 31148 | 10352989 |
| \* | HLB, Inc. | 40235 | 1369433 |
|  | HMM Co. Ltd. | 209318 | 3013917 |
|  | HPSP Co. Ltd. | 23891 | 576150 |
| \* | Hugel, Inc. | 5376 | 986425 |
| # | HYBE Co. Ltd. | 9671 | 2310183 |
|  | Hyosung Heavy <br> Industries Corp.<br>| 2938 | 4382436 |
|  | Hyundai Autoever <br> Corp.<br>| 6172 | 878450 |
|  | Hyundai Elevator Co. <br> Ltd.<br>| 15545 | 823944 |
|  | Hyundai Engineering & <br> Construction Co. <br> Ltd.<br>| 68357 | 3358559 |
|  | Hyundai Glovis Co. <br> Ltd.<br>| 51597 | 6819271 |
| \* | Hyundai Marine & Fire <br> Insurance Co. Ltd.<br>| 2904 | 55566 |
| # | Hyundai Mobis Co. <br> Ltd.<br>| 35390 | 7826054 |
|  | Hyundai Motor Co. | 81301 | 16486975 |
|  | Hyundai Rotem Co. <br> Ltd.<br>| 66286 | 10709262 |
|  | Hyundai Steel Co. | 77199 | 1783531 |
| # | Industrial Bank of <br> Korea<br>| 320054 | 4337359 |
|  | IsuPetasys Co. Ltd. | 38208 | 3030447 |
|  | JB Financial Group Co. <br> Ltd.<br>| 154394 | 2430742 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | JYP Entertainment <br> Corp.<br>| 22204 | $1258933 |
|  | Kakao Corp. | 90322 | 4116399 |
| # | KakaoBank Corp. | 68505 | 1110381 |
| \* | Kakaopay Corp. | 15546 | 569185 |
|  | Kangwon Land, Inc. | 62297 | 737543 |
|  | KB Financial Group, <br> Inc. (105560 KS)<br>| 261915 | 21381036 |
| # | KCC Corp. | 4017 | 1237043 |
| # | KEPCO Engineering & <br> Construction Co., <br> Inc.<br>| 7306 | 521192 |
|  | KEPCO Plant Service <br> & Engineering Co. <br> Ltd.<br>| 5563 | 197323 |
|  | Kia Corp. | 207178 | 17377797 |
|  | KIWOOM Securities <br> Co. Ltd.<br>| 22126 | 4595858 |
| # | Korea Aerospace <br> Industries Ltd.<br>| 64542 | 4676197 |
|  | Korea Electric Power <br> Corp. (015760 KS)<br>| 174992 | 5238215 |
|  | Korea Gas Corp. | 24489 | 715972 |
| # | Korea Investment <br> Holdings Co. Ltd.<br>| 51532 | 6570117 |
|  | Korea Zinc Co. Ltd. | 958 | 693938 |
|  | Korean Air Lines Co. <br> Ltd.<br>| 201280 | 3123509 |
| \* | Krafton, Inc. | 20546 | 3976628 |
|  | KT Corp. (KT US), <br> Sponsored ADR<br>| 82100 | 1522955 |
|  | KT&G Corp. | 70151 | 6602037 |
|  | Kumho Petrochemical <br> Co. Ltd.<br>| 17000 | 1381839 |
|  | LEENO Industrial, Inc. | 52813 | 2125738 |
|  | LG Chem Ltd. | 31644 | 8801719 |
|  | LG Corp. | 66092 | 3717073 |
| #\* | LG Display Co. Ltd. <br> (034220 KS)<br>| 145274 | 1485229 |
| \* | LG Display Co. Ltd. <br> (LPL US), ADR<br>| 290355 | 1454679 |
|  | LG Electronics, Inc. | 149323 | 9158460 |
| \* | LG Energy Solution <br> Ltd.<br>| 5935 | 1964763 |
| # | LG H&H Co. Ltd. | 7321 | 1459676 |
|  | LG Innotek Co. Ltd. | 15931 | 2687438 |
|  | LG Uplus Corp. | 259247 | 2771246 |
|  | LIG Nex1 Co. Ltd. | 12128 | 4416657 |
| #\* | LigaChem Biosciences, <br> Inc.<br>| 11496 | 1178853 |
| # | Lotte Chemical Corp. | 14982 | 742201 |
| # | Lotte Corp. | 24075 | 493058 |
|  | Lotte Shopping Co. <br> Ltd.<br>| 2374 | 108335 |

---

975

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | LS Corp. | 22166 | $3230338 |
|  | LS Electric Co. Ltd. | 21353 | 6481909 |
| # | Macquarie Korea <br> Infrastructure Fund<br>| 364694 | 2812624 |
|  | Meritz Financial Group, <br> Inc.<br>| 90010 | 6975250 |
| # | Mirae Asset Securities <br> Co. Ltd.<br>| 214254 | 3939304 |
|  | Misto Holdings Corp. | 12809 | 330390 |
|  | NAVER Corp. | 30019 | 5626046 |
|  | NCSoft Corp. | 7985 | 1232514 |
| Ω | Netmarble Corp. | 20685 | 783856 |
|  | NH Investment & <br> Securities Co. Ltd.<br>| 170869 | 2435928 |
| # | NongShim Co. Ltd. | 1299 | 397195 |
| # | Orion Corp. | 21367 | 1487916 |
| #\* | Peptron, Inc. | 5879 | 1114894 |
|  | PharmaResearch Co. <br> Ltd.<br>| 3718 | 1407662 |
|  | Poongsan Corp. | 10352 | 796159 |
|  | Posco DX Co. Ltd. | 41257 | 758627 |
| #\* | POSCO Future M Co. <br> Ltd.<br>| 8797 | 1332891 |
|  | POSCO Holdings, Inc. <br> (005490 KS)<br>| 40176 | 8738050 |
|  | POSCO Holdings, Inc. <br> (PKX US), <br> Sponsored ADR<br>| 2579 | 140865 |
|  | Posco International <br> Corp.<br>| 43584 | 1678950 |
| #\* | Rainbow Robotics | 4141 | 1265294 |
| # | S-1 Corp. | 17230 | 906042 |
| # | Sam Chun Dang <br> Pharm Co. Ltd.<br>| 7088 | 1162133 |
| \*Ω | Samsung Biologics Co. <br> Ltd.<br>| 6734 | 5770987 |
|  | Samsung C&T Corp. | 47044 | 7444807 |
|  | Samsung Card Co. <br> Ltd. (029780 KS)<br>| 30927 | 1074427 |
| # | Samsung <br> Electro-Mechanics <br> Co. Ltd.<br>| 36362 | 6233194 |
|  | Samsung Electronics <br> Co. Ltd. (005930 <br> KS)<br>| 3156038 | 237574490 |
| # | Samsung Engineering <br> Co. Ltd.<br>| 163107 | 2965331 |
|  | Samsung Fire & <br> Marine Insurance <br> Co. Ltd.<br>| 29798 | 9222609 |
| \* | Samsung Heavy <br> Industries Co. Ltd.<br>| 308492 | 6392520 |
|  | Samsung Life <br> Insurance Co. Ltd.<br>| 49334 | 5331488 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Samsung SDI Co. Ltd. | 36097 | $8133425 |
|  | Samsung SDS Co. <br> Ltd.<br>| 24280 | 3114291 |
|  | Samsung Securities <br> Co. Ltd.<br>| 108043 | 5847473 |
|  | Samyang Foods Co. <br> Ltd.<br>| 3294 | 3110724 |
|  | Shinhan Financial <br> Group Co. Ltd. <br> (055550 KS)<br>| 291646 | 14979698 |
|  | Shinhan Financial <br> Group Co. Ltd. <br> (SHG US), ADR<br>| 23396 | 1209339 |
|  | Shinsegae, Inc. | 185 | 22547 |
| #\* | Silicon2 Co. Ltd. | 22702 | 715950 |
| #\* | SK Biopharmaceuticals <br> Co. Ltd.<br>| 20499 | 1657487 |
| #\* | SK Bioscience Co. <br> Ltd.<br>| 14057 | 499150 |
|  | SK Hynix, Inc. | 350913 | 136537941 |
| \*Ω | SK IE Technology Co. <br> Ltd.<br>| 13035 | 280033 |
|  | SK Innovation Co. Ltd. | 37174 | 3357001 |
|  | SK Telecom Co. Ltd. <br> (017670 KS)<br>| 46340 | 1696594 |
|  | SK, Inc. | 33170 | 5760002 |
| \* | SKC Co. Ltd. | 10347 | 921971 |
|  | SM Entertainment Co. <br> Ltd.<br>| 6041 | 506060 |
| #\* | S-Oil Corp. | 38378 | 1931723 |
| #\* | Taihan Cable & <br> Solution Co. Ltd.<br>| 43396 | 733445 |
|  | WONIK IPS Co. Ltd. | 8135 | 364866 |
|  | Woori Financial Group, <br> Inc. (316140 KS)<br>| 728196 | 12963124 |
| # | Youngone Corp. | 16186 | 656303 |
| # | Yuhan Corp. | 26467 | 2189635 |
| TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 895008384 |
| TAIWAN — (20.9%) | TAIWAN — (20.9%) | TAIWAN — (20.9%) | TAIWAN — (20.9%) |
|  | Accton Technology <br> Corp.<br>| 337000 | 11719746 |
| # | Acer, Inc. | 3398811 | 3311548 |
|  | Advanced Energy <br> Solution Holding Co. <br> Ltd.<br>| 25000 | 951695 |
|  | Advantech Co. Ltd. | 228089 | 2316786 |
|  | Airoha Technology <br> Corp.<br>| 23000 | 372395 |
|  | Airtac International <br> Group<br>| 123602 | 3645636 |
|  | Alchip Technologies <br> Ltd.<br>| 62000 | 6984853 |

---

976

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | ASE Technology <br> Holding Co. Ltd.<br>| 2343782 | $18752039 |
| # | Asia Cement Corp. | 2725758 | 3212702 |
|  | Asia Vital Components <br> Co. Ltd.<br>| 253000 | 11582503 |
|  | ASMedia Technology, <br> Inc.<br>| 31000 | 1447414 |
| # | ASPEED Technology, <br> Inc.<br>| 31300 | 5550838 |
|  | Asustek Computer, <br> Inc.<br>| 553180 | 12497164 |
| # | AUO Corp. (2409 TT) | 7603498 | 2990033 |
|  | Bizlink Holding, Inc. | 153950 | 6919792 |
|  | Bora Pharmaceuticals <br> Co. Ltd.<br>| 38094 | 768699 |
| \* | Caliway <br> Biopharmaceuticals <br> Co. Ltd.<br>| 390000 | 1891888 |
|  | Capital Securities <br> Corp.<br>| 127000 | 100763 |
| # | Catcher Technology <br> Co. Ltd.<br>| 708429 | 4568123 |
| # | Cathay Financial <br> Holding Co. Ltd.<br>| 5553393 | 11524910 |
| # | Chailease Holding Co. <br> Ltd.<br>| 1463651 | 4892360 |
|  | Chang Hwa <br> Commercial Bank <br> Ltd.<br>| 5883570 | 3783927 |
|  | Cheng Shin Rubber <br> Industry Co. Ltd.<br>| 2083965 | 2160407 |
| # | Chicony Electronics <br> Co. Ltd.<br>| 810497 | 3417976 |
|  | China Airlines Ltd. | 5039536 | 3267172 |
| # | China Steel Corp. | 9023932 | 5445076 |
|  | Chroma ATE, Inc. | 344000 | 9107979 |
|  | Chung-Hsin Electric & <br> Machinery <br> Manufacturing Corp.<br>| 198000 | 982975 |
|  | Chunghwa Telecom <br> Co. Ltd. (2412 TT)<br>| 1610000 | 6860136 |
|  | Chunghwa Telecom <br> Co. Ltd. (CHT US), <br> Sponsored ADR<br>| 111161 | 4733235 |
| # | Compal Electronics, <br> Inc.<br>| 5016541 | 5360436 |
|  | Compeq Manufacturing <br> Co. Ltd.<br>| 1260000 | 3561068 |
|  | CTBC Financial <br> Holding Co. Ltd.<br>| 10445175 | 14185407 |
|  | Delta Electronics, Inc. | 1111486 | 35749687 |
|  | E Ink Holdings, Inc. | 641000 | 4403615 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | E.Sun Financial <br> Holding Co. Ltd.<br>| 10620602 | $10258922 |
| # | Eclat Textile Co. Ltd. | 171402 | 2278021 |
|  | Elite Material Co. Ltd. | 197000 | 8655330 |
| # | eMemory Technology, <br> Inc.<br>| 70000 | 4507853 |
|  | Eva Airways Corp. | 4456758 | 5231638 |
| # | Evergreen Marine <br> Corp. Taiwan Ltd.<br>| 1045289 | 6557220 |
|  | Far Eastern <br> International Bank<br>| 804200 | 330366 |
|  | Far Eastern New <br> Century Corp.<br>| 3702085 | 3185793 |
|  | Far EasTone <br> Telecommunications <br> Co. Ltd.<br>| 1905000 | 5720999 |
| # | Feng TAY Enterprise <br> Co. Ltd.<br>| 471666 | 1866926 |
|  | First Financial Holding <br> Co. Ltd.<br>| 9944409 | 9224042 |
| # | Formosa Chemicals & <br> Fibre Corp.<br>| 3205518 | 3033199 |
|  | Formosa <br> Petrochemical Corp.<br>| 735000 | 1068654 |
| # | Formosa Plastics <br> Corp.<br>| 3771153 | 4660187 |
| # | Fortune Electric Co. <br> Ltd.<br>| 125620 | 2904388 |
| # | Foxconn Technology <br> Co. Ltd.<br>| 1025627 | 2370785 |
|  | Fubon Financial <br> Holding Co. Ltd.<br>| 4578933 | 13551655 |
|  | Getac Holdings Corp. | 429000 | 1921738 |
|  | Gigabyte Technology <br> Co. Ltd.<br>| 459000 | 4160991 |
|  | Global Unichip Corp. | 69000 | 3411356 |
| # | Globalwafers Co. Ltd. | 282000 | 4636352 |
| # | Gold Circuit Electronics <br> Ltd.<br>| 370000 | 5555238 |
|  | Highwealth <br> Construction Corp.<br>| 1448416 | 1834457 |
|  | Hiwin Technologies <br> Corp.<br>| 100291 | 724113 |
|  | Hon Hai Precision <br> Industry Co. Ltd. <br> (2317 TT)<br>| 5740322 | 47744445 |
|  | Hotai Motor Co. Ltd. | 209960 | 3849285 |
|  | Hua Nan Financial <br> Holdings Co. Ltd.<br>| 7563531 | 7176099 |
|  | Innolux Corp. | 6766372 | 2914174 |
| # | International Games <br> System Co. Ltd.<br>| 284000 | 6636264 |
|  | Inventec Corp. | 2220550 | 3295632 |

---

977

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Jentech Precision <br> Industrial Co. Ltd.<br>| 50000 | $3428312 |
|  | JSL Construction & <br> Development Co. <br> Ltd.<br>| 32451 | 53772 |
|  | KGI Financial Holding <br> Co. Ltd.<br>| 14938108 | 7705696 |
|  | King Slide Works Co. <br> Ltd.<br>| 33000 | 4377839 |
|  | King Yuan Electronics <br> Co. Ltd.<br>| 1491000 | 10454028 |
|  | L&K Engineering Co. <br> Ltd.<br>| 142000 | 2196759 |
| # | Largan Precision Co. <br> Ltd. (3008 TT)<br>| 69860 | 5014145 |
|  | Lien Hwa Industrial <br> Holdings Corp.<br>| 1050859 | 1648494 |
|  | Lite-On Technology <br> Corp.<br>| 1515410 | 8791631 |
|  | Lotes Co. Ltd. | 90700 | 4043923 |
|  | Makalot Industrial Co. <br> Ltd.<br>| 33020 | 288097 |
|  | MediaTek, Inc. | 702995 | 29813612 |
|  | Mega Financial <br> Holding Co. Ltd.<br>| 5568541 | 7320931 |
| # | Micro-Star International <br> Co. Ltd.<br>| 807000 | 2860742 |
|  | Mitac Holdings Corp. | 597000 | 1927090 |
|  | momo.com, Inc. | 47832 | 362378 |
|  | MPI Corp. | 42000 | 2847803 |
| # | Nan Ya Plastics Corp. | 4051599 | 5451842 |
|  | Nan Ya Printed Circuit <br> Board Corp.<br>| 119000 | 1115386 |
| \* | Nanya Technology <br> Corp.<br>| 1217010 | 5197235 |
|  | Nien Made Enterprise <br> Co. Ltd.<br>| 214000 | 2563682 |
| # | Novatek <br> Microelectronics <br> Corp.<br>| 568000 | 7236964 |
| # | Pegatron Corp. | 1854345 | 4461161 |
|  | PharmaEssentia Corp. | 225045 | 3635818 |
|  | Phison Electronics <br> Corp.<br>| 169000 | 5826482 |
|  | Pou Chen Corp. | 2506487 | 2384904 |
|  | Powertech Technology, <br> Inc.<br>| 902819 | 5043286 |
|  | President Chain Store <br> Corp.<br>| 595831 | 4614101 |
|  | Qisda Corp. | 588880 | 591722 |
| # | Quanta Computer, Inc. | 1830000 | 17747759 |
| # | Radiant <br> Opto-Electronics <br> Corp.<br>| 270000 | 1156582 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Realtek Semiconductor <br> Corp.<br>| 312950 | $5225845 |
|  | Ruentex Development <br> Co. Ltd.<br>| 1695101 | 1641905 |
|  | Ruentex Industries <br> Ltd.<br>| 56214 | 98068 |
|  | Sakura Development <br> Co. Ltd.<br>| 58800 | 91849 |
|  | Sanyang Motor Co. <br> Ltd.<br>| 91000 | 178556 |
|  | Shanghai Commercial <br> & Savings Bank Ltd.<br>| 3396718 | 4372615 |
| # | Shihlin Electric & <br> Engineering Corp.<br>| 191000 | 1234526 |
|  | Silergy Corp. | 235000 | 1690775 |
|  | Simplo Technology Co. <br> Ltd.<br>| 186000 | 2117295 |
|  | Sino-American Silicon <br> Products, Inc.<br>| 56000 | 226605 |
|  | SinoPac Financial <br> Holdings Co. Ltd.<br>| 10368699 | 8630833 |
| \* | Starlux Airlines Co. <br> Ltd.<br>| 636000 | 495989 |
| # | Synnex Technology <br> International Corp.<br>| 1370343 | 2526327 |
|  | TA Chen Stainless <br> Pipe<br>| 2056636 | 2451470 |
|  | Taichung Commercial <br> Bank Co. Ltd.<br>| 3945583 | 2742965 |
|  | Taiwan Business Bank | 8943181 | 4454663 |
|  | Taiwan Cooperative <br> Financial Holding <br> Co. Ltd.<br>| 7873932 | 6085335 |
|  | Taiwan FamilyMart Co. <br> Ltd.<br>| 10000 | 62283 |
|  | Taiwan Fertilizer Co. <br> Ltd.<br>| 107000 | 167262 |
| #\* | Taiwan Glass Industry <br> Corp.<br>| 143375 | 130086 |
|  | Taiwan High Speed <br> Rail Corp.<br>| 1649000 | 1465691 |
| # | Taiwan Mobile Co. <br> Ltd.<br>| 1824300 | 6492419 |
|  | Taiwan Secom Co. <br> Ltd.<br>| 84670 | 297074 |
|  | Taiwan Semiconductor <br> Manufacturing Co. <br> Ltd. (2330 TT)<br>| 12384808 | 598925179 |
|  | Taiwan Union <br> Technology Corp.<br>| 174000 | 2169523 |
| # | Tatung Co. Ltd. | 1660600 | 1946413 |
| # | TCC Group Holdings <br> Co. Ltd.<br>| 6193701 | 4443828 |

---

978

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Teco Electric & <br> Machinery Co. Ltd.<br>| 1557000 | $5859808 |
|  | Tripod Technology <br> Corp.<br>| 561870 | 6213825 |
|  | TS Financial Holding <br> Co. Ltd (2887 TT)<br>| 21572398 | 13105356 |
| \* | TS Financial Holding <br> Co. Ltd (28871 TT)<br>| 2690628 | 807064 |
|  | Unimicron Technology <br> Corp.<br>| 1269000 | 6688314 |
|  | Union Bank of Taiwan | 1040370 | 626885 |
|  | Uni-President <br> Enterprises Corp.<br>| 4692033 | 11987767 |
|  | United Integrated <br> Services Co. Ltd.<br>| 170000 | 4731906 |
| # | United Microelectronics <br> Corp. (2303 TT)<br>| 9504000 | 14353198 |
| # | United Microelectronics <br> Corp. (UMC US), <br> Sponsored ADR<br>| 59082 | 455522 |
|  | Vanguard International <br> Semiconductor <br> Corp.<br>| 1078126 | 3375042 |
|  | VisEra Technologies <br> Co. Ltd.<br>| 54000 | 449569 |
| # | Voltronic Power <br> Technology Corp.<br>| 75224 | 2946961 |
| # | Walsin Lihwa Corp. | 3142952 | 3044273 |
| # | Wan Hai Lines Ltd. | 886747 | 2365969 |
| \* | Winbond Electronics <br> Corp.<br>| 3826591 | 6692507 |
| \*†† | Wintek Corp. | 604760 | 0 |
| # | Wistron Corp. | 2463699 | 11939872 |
| # | Wiwynn Corp. | 75000 | 10576467 |
|  | WNC Corp. | 21172 | 85912 |
| # | WPG Holdings Ltd. | 1741039 | 3405077 |
|  | WT Microelectronics <br> Co. Ltd.<br>| 352945 | 1636266 |
| # | Yageo Corp. | 1366536 | 10999059 |
| # | Yang Ming Marine <br> Transport Corp.<br>| 2002000 | 3735049 |
|  | Yuanta Financial <br> Holding Co. Ltd.<br>| 9309018 | 10422792 |
|  | Yulon Finance Corp. | 29424 | 91888 |
| # | Zhen Ding Technology <br> Holding Ltd.<br>| 936700 | 4946257 |
| TOTAL TAIWAN | TOTAL TAIWAN |  | 1360357265 |
| THAILAND — (1.3%) | THAILAND — (1.3%) | THAILAND — (1.3%) | THAILAND — (1.3%) |
|  | Advanced Info Service <br> PCL<br>| 616200 | 5755138 |
|  | Airports of Thailand <br> PCL<br>| 1767600 | 2254941 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Asset World Corp. <br> PCL<br>| 6370900 | $433462 |
|  | B Grimm Power PCL | 477500 | 239230 |
| # | Bangchak Corp. PCL | 656200 | 598667 |
|  | Bangkok Bank PCL <br> (BBLF TB)<br>| 529400 | 2619576 |
|  | Bangkok Bank PCL <br> (BBLR TB), NVDR<br>| 126700 | 621059 |
|  | Bangkok Dusit Medical <br> Services PCL, <br> Class F<br>| 4395800 | 2569371 |
| # | Bangkok Expressway <br> & Metro PCL<br>| 5243799 | 835181 |
|  | Banpu PCL | 7701966 | 1202874 |
| # | Berli Jucker PCL | 898500 | 508506 |
|  | Betagro PCL | 31600 | 15636 |
| #\* | BTS Group Holdings <br> PCL<br>| 10586500 | 962558 |
|  | Bumrungrad Hospital <br> PCL<br>| 459800 | 2445820 |
| # | Cal-Comp Electronics <br> Thailand PCL, <br> Class F<br>| 2252900 | 425010 |
| # | Carabao Group PCL | 273600 | 380764 |
|  | Central Pattana PCL | 1279200 | 2126396 |
| # | Central Plaza Hotel <br> PCL<br>| 432400 | 431263 |
| # | Central Retail Corp. <br> PCL<br>| 1472650 | 933642 |
|  | Charoen Pokphand <br> Foods PCL<br>| 3355623 | 2189691 |
|  | Com7 PCL | 942000 | 728313 |
|  | CP ALL PCL | 2232500 | 3175970 |
| # | CP Axtra PCL | 1049581 | 636208 |
|  | Delta Electronics <br> Thailand PCL<br>| 1265900 | 8495448 |
|  | Electricity Generating <br> PCL<br>| 203700 | 774860 |
|  | Global Power Synergy <br> PCL<br>| 529000 | 678939 |
| \* | Gulf Development <br> PCL<br>| 1894125 | 2592085 |
| # | Home Product Center <br> PCL<br>| 4362113 | 883620 |
|  | Indorama Ventures <br> PCL<br>| 1172600 | 692645 |
|  | I-TAIL Corp. PCL | 436200 | 232028 |
|  | Kasikornbank PCL <br> (KBANKF TB)<br>| 220900 | 1274095 |
|  | Kasikornbank PCL <br> (KBANKR TB), <br> NVDR<br>| 5500 | 31723 |
| # | Kiatnakin Phatra Bank <br> PCL<br>| 230987 | 469689 |

---

979

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Krung Thai Bank PCL | 1646187 | $1387308 |
|  | Krungthai Card PCL | 684000 | 602876 |
|  | Land & Houses PCL <br> (LHF TB)<br>| 4694600 | 566227 |
|  | MBK PCL | 487704 | 248867 |
|  | Minor International <br> PCL<br>| 2962683 | 2107367 |
|  | Muangthai Capital <br> PCL<br>| 811400 | 1016289 |
|  | Osotspa PCL | 947300 | 459954 |
|  | PTT Exploration & <br> Production PCL<br>| 1146255 | 3793081 |
|  | PTT Global Chemical <br> PCL<br>| 1386625 | 1082798 |
| # | PTT Oil & Retail <br> Business PCL<br>| 2005300 | 911641 |
|  | PTT PCL | 6050800 | 5754201 |
| # | Ratch Group PCL | 903700 | 775558 |
|  | SCB X PCL | 397466 | 1610269 |
|  | SCG Packaging PCL | 997801 | 561620 |
|  | Siam Cement PCL  | 434800 | 2743133 |
| # | Siam Global House <br> PCL<br>| 777100 | 165826 |
|  | Srisawad Corp. PCL | 703700 | 614799 |
|  | Supalai PCL | 128900 | 68167 |
|  | Thai Life Insurance <br> PCL<br>| 1233000 | 392760 |
|  | Thai Oil PCL | 1118117 | 1236205 |
|  | Thai Union Group <br> PCL<br>| 2083040 | 843910 |
|  | Thanachart Capital <br> PCL<br>| 314900 | 496672 |
|  | TIDLOR Holdings PCL | 1228549 | 797883 |
|  | Tisco Financial Group <br> PCL (TISCO/F TB)<br>| 202200 | 672228 |
| # | TMBThanachart Bank <br> PCL<br>| 19015797 | 1087961 |
| \* | True Corp. PCL | 9077286 | 3200280 |
|  | TTW PCL | 684628 | 191615 |
|  | WHA Corp. PCL | 6290600 | 634215 |
| TOTAL THAILAND | TOTAL THAILAND |  | 82238118 |
| TURKEY — (0.6%) | TURKEY — (0.6%) | TURKEY — (0.6%) | TURKEY — (0.6%) |
| \* | Ahlatci Dogal Gaz <br> Dagitim Enerji VE <br> Yatirim AS<br>| 476851 | 325527 |
|  | Akbank TAS | 2245240 | 3241868 |
| \* | Aksa Enerji Uretim AS | 304736 | 376498 |
| # | Anadolu Efes Biracilik <br> Ve Malt Sanayii AS<br>| 2011505 | 694396 |
| #\* | Arcelik AS | 54843 | 144077 |
|  | Aselsan Elektronik <br> Sanayi Ve Ticaret <br> AS<br>| 389028 | 1880772 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| # | Astor Transformator <br> Enerji Turizm Insaat <br> Ve Petrol Sanayi <br> Ticaret AS<br>| 189045 | $441222 |
| # | BIM Birlesik Magazalar <br> AS<br>| 180046 | 2305669 |
| \* | Borusan Birlesik Boru <br> Fabrikalari Sanayi ve <br> Ticaret AS<br>| 8793 | 100611 |
|  | Borusan Yatirim ve <br> Pazarlama AS<br>| 2836 | 164885 |
|  | Cimsa Cimento Sanayi <br> VE Ticaret AS<br>| 37329 | 42077 |
| # | Coca-Cola Icecek AS | 700396 | 856182 |
|  | Dogan Sirketler Grubu <br> Holding AS<br>| 347181 | 140974 |
|  | Dogus Otomotiv Servis <br> ve Ticaret AS<br>| 9274 | 39756 |
|  | EIS Eczacibasi Ilac ve <br> Sinai ve Finansal <br> Yatirimlar Sanayi ve <br> Ticaret AS<br>| 72944 | 156819 |
| Ω | Enerjisa Enerji AS | 197327 | 386842 |
|  | Enerya Enerji AS | 937066 | 217555 |
| # | Enka Insaat ve Sanayi <br> AS<br>| 686165 | 1265820 |
|  | Eregli Demir ve Celik <br> Fabrikalari TAS<br>| 2057610 | 1343360 |
| # | Ford Otomotiv Sanayi <br> AS<br>| 263224 | 620630 |
|  | GEN Ilac VE Saglik <br> Urunleri Sanayi VE <br> Ticaret AS<br>| 57965 | 263619 |
|  | Grainturk Tarim AS | 7618 | 83273 |
| \* | Gubre Fabrikalari TAS | 43490 | 327084 |
|  | Is Yatirim Menkul <br> Degerler AS<br>| 434732 | 454200 |
|  | Kiler Holding AS | 74337 | 240418 |
|  | KOC Holding AS | 400630 | 1631518 |
| \* | Margun Enerji Uretim <br> Sanayi VE Ticaret <br> AS<br>| 565355 | 397745 |
| # | Migros Ticaret AS | 56881 | 612671 |
| \*Ω | MLP Saglik Hizmetleri <br> AS<br>| 63116 | 504360 |
| #\* | Otokar Otomotiv Ve <br> Savunma Sanayi <br> AS<br>| 18649 | 203570 |
| # | Oyak Cimento <br> Fabrikalari AS<br>| 780529 | 393722 |
| \* | Pasifik Eurasia Lojistik <br> Dis Ticaret AS<br>| 36872 | 116871 |

---

980

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| #\* | Pegasus Hava <br> Tasimaciligi AS<br>| 277708 | $1384646 |
| #\* | Petkim Petrokimya <br> Holding AS<br>| 180688 | 73683 |
| #\* | Sasa Polyester Sanayi <br> AS<br>| 4455791 | 325112 |
|  | Selcuk Ecza Deposu <br> Ticaret ve Sanayi <br> AS<br>| 53430 | 98810 |
|  | TAB Gida Sanayi Ve <br> Ticaret AS<br>| 22915 | 129365 |
| \* | TAV Havalimanlari <br> Holding AS<br>| 174734 | 1098251 |
| # | Tofas Turk Otomobil <br> Fabrikasi AS<br>| 71473 | 448186 |
| #\* | Turk Altin Isletmeleri <br> AS<br>| 519567 | 331366 |
| # | Turk Hava Yollari AO | 406931 | 2817854 |
| #\* | Turk Telekomunikasyon <br> AS<br>| 511108 | 619612 |
|  | Turk Traktor ve Ziraat <br> Makineleri AS<br>| 11346 | 147580 |
|  | Turkcell Iletisim <br> Hizmetleri AS<br>| 1076226 | 2548125 |
| # | Turkiye Garanti <br> Bankasi AS<br>| 391168 | 1249356 |
|  | Turkiye Is Bankasi AS, <br> Class C<br>| 6047170 | 1815078 |
| # | Turkiye Petrol <br> Rafinerileri AS<br>| 588011 | 2760148 |
|  | Turkiye Sigorta AS | 1586722 | 465798 |
| # | Turkiye Sise ve Cam <br> Fabrikalari AS<br>| 973120 | 849542 |
| #\* | Turkiye Vakiflar <br> Bankasi TAO, <br> Class D<br>| 1068178 | 619855 |
|  | Vestel Beyaz Esya <br> Sanayi ve Ticaret <br> AS<br>| 29061 | 6077 |
| \* | Yapi ve Kredi Bankasi <br> AS<br>| 2751893 | 2195312 |
|  | Ziraat Gayrimenkul <br> Yatirim Ortakligi AS<br>| 584301 | 321462 |
| TOTAL TURKEY | TOTAL TURKEY |  | 40279809 |
| UNITED ARAB EMIRATES — (1.6%) | UNITED ARAB EMIRATES — (1.6%) | UNITED ARAB EMIRATES — (1.6%) | UNITED ARAB EMIRATES — (1.6%) |
|  | Abu Dhabi Commercial <br> Bank PJSC<br>| 2223951 | 8725223 |
|  | Abu Dhabi Islamic <br> Bank PJSC<br>| 1487521 | 8547485 |
|  | Abu Dhabi National Oil <br> Co. for Distribution <br> PJSC<br>| 2765906 | 2703178 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
|  | ADNOC Drilling Co. <br> PJSC<br>| 2163825 | $3287387 |
|  | ADNOC Logistics & <br> Services<br>| 998474 | 1559686 |
|  | Agility Global PLC | 161994 | 48058 |
|  | Aldar Properties PJSC | 1849602 | 4531740 |
|  | Alpha Dhabi Holding <br> PJSC<br>| 407537 | 1110865 |
|  | Dubai Electricity & <br> Water Authority <br> PJSC<br>| 3836233 | 2902367 |
|  | Dubai Islamic Bank <br> PJSC<br>| 3374971 | 8730427 |
|  | Emaar Development <br> PJSC<br>| 869386 | 3531498 |
|  | Emaar Properties <br> PJSC<br>| 5060909 | 19583913 |
|  | Emirates Integrated <br> Telecommunications <br> Co. PJSC<br>| 766163 | 1970222 |
|  | Emirates NBD Bank <br> PJSC<br>| 1924678 | 14727405 |
|  | Emirates <br> Telecommunications <br> Group Co. PJSC<br>| 1621284 | 8560026 |
|  | First Abu Dhabi Bank <br> PJSC<br>| 1807134 | 8578477 |
| \* | International Holding <br> Co. PJSC<br>| 23416 | 2550325 |
| \* | Modon Holding PSC | 937064 | 931014 |
| \* | Multiply Group PJSC | 399219 | 324376 |
|  | Salik Co. PJSC | 1663613 | 2708254 |
| TOTAL UNITED ARAB <br> EMIRATES | TOTAL UNITED ARAB <br> EMIRATES |  | 105611926 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 6392038658 |
| PREFERRED STOCKS — (0.8%) | PREFERRED STOCKS — (0.8%) | PREFERRED STOCKS — (0.8%) | PREFERRED STOCKS — (0.8%) |
| BRAZIL — (0.8%) | BRAZIL — (0.8%) | BRAZIL — (0.8%) | BRAZIL — (0.8%) |
|  | Banco Bradesco SA, <br> 7.400%<br>| 2207463 | 7451283 |
|  | Centrais Eletricas <br> Brasileiras SA, <br> 6.512%<br>| 158346 | 1748003 |
|  | Cia Energetica de <br> Minas Gerais, <br> 12.908%<br>| 1422778 | 2998969 |
|  | Cia Paranaense de <br> Energia - Copel <br> Class B, 4.654%<br>| 1103566 | 2855350 |
|  | Energisa SA, 6.170% | 639 | 1116 |
|  | Gerdau SA, 3.379% | 579335 | 2039537 |

---

981

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
| Isa Energia Brasil SA, <br> 10.298%<br>| 31900 | $148888 |
| Itau Unibanco Holding <br> SA, 6.653%<br>| 1828399 | 13403852 |
| Petroleo Brasileiro SA - <br> Petrobras, 10.136%<br>| 3320648 | 18362485 |
| TOTAL BRAZIL |  | 49009483 |
| CHILE — (0.0%) | CHILE — (0.0%) | CHILE — (0.0%) |
| Embotelladora Andina <br> SA, 4.564%<br>| 234235 | 1053606 |
| COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) |
| Grupo Argos SA, <br> 5.588%<br>| 51488 | 161356 |
| Grupo Aval Acciones y <br> Valores SA, 3.140%<br>| 91127 | 18369 |
| Grupo Cibest SA, <br> 8.036%<br>| 43250 | 631695 |
| Grupo de Inversiones <br> Suramericana SA, <br> 3.606%<br>| 71176 | 755213 |
| TOTAL COLOMBIA |  | 1566633 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| INDIA — (0.0%) | INDIA — (0.0%) | INDIA — (0.0%) |
| TVS Motor Co. Ltd., <br> 6.000%<br>| 870308 | $98040 |
| TOTAL PREFERRED <br> STOCKS |  | 51727762 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $2,757,329,220) |  | 6443766420 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | **Value†** |
| SECURITIES LENDING COLLATERAL — (1.1%) | SECURITIES LENDING COLLATERAL — (1.1%) | SECURITIES LENDING COLLATERAL — (1.1%) | SECURITIES LENDING COLLATERAL — (1.1%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 6377175 | 73764784 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $2,831,094,004) | (Cost $2,831,094,004) |  | $6517531204 |

---

As of October 31, 2025, The Emerging Markets Series had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 129 | 12/19/25 | &nbsp;&nbsp; $42850762 | &nbsp;&nbsp; $44337300 | &nbsp;&nbsp; $1486538 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$42850762** | &nbsp;&nbsp; **$44337300** | &nbsp;&nbsp; **$1486538** |

---

As of October 31, 2025, the value of Rule 144A securities amounted to $276,276,008 or 4.3% of net assets.

Summary of the Series' investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Brazil | &nbsp;&nbsp; $171285326 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $171285326 |
| Chile | &nbsp;&nbsp; 12097405 | &nbsp;&nbsp; $18150773 | &nbsp;&nbsp; — | &nbsp;&nbsp; 30248178 |
| China | &nbsp;&nbsp; 217071786 | &nbsp;&nbsp; 1458720318 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1675792104 |
| Colombia | &nbsp;&nbsp; 8800171 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 8800171 |
| Czech Republic | &nbsp;&nbsp; — | &nbsp;&nbsp; 8726911 | &nbsp;&nbsp; — | &nbsp;&nbsp; 8726911 |
| Egypt | &nbsp;&nbsp; 261194 | &nbsp;&nbsp; 3168787 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3429981 |

---

982

------

**The Emerging Markets Series**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Greece | &nbsp;&nbsp; — | &nbsp;&nbsp; $37994882 | &nbsp;&nbsp; — | &nbsp;&nbsp; $37994882 |
| Hungary | &nbsp;&nbsp; — | &nbsp;&nbsp; 19683138 | &nbsp;&nbsp; — | &nbsp;&nbsp; 19683138 |
| India | &nbsp;&nbsp; $32165116 | &nbsp;&nbsp; 1037259522 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1069424638 |
| Indonesia | &nbsp;&nbsp; — | &nbsp;&nbsp; 81699657 | &nbsp;&nbsp; — | &nbsp;&nbsp; 81699657 |
| Kuwait | &nbsp;&nbsp; — | &nbsp;&nbsp; 40157128 | &nbsp;&nbsp; — | &nbsp;&nbsp; 40157128 |
| Malaysia | &nbsp;&nbsp; — | &nbsp;&nbsp; 91178452 | &nbsp;&nbsp; — | &nbsp;&nbsp; 91178452 |
| Mexico | &nbsp;&nbsp; 116041894 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 116041894 |
| Peru | &nbsp;&nbsp; 9082886 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 9082886 |
| Philippines | &nbsp;&nbsp; — | &nbsp;&nbsp; 27706497 | &nbsp;&nbsp; — | &nbsp;&nbsp; 27706497 |
| Poland | &nbsp;&nbsp; — | &nbsp;&nbsp; 69823339 | &nbsp;&nbsp; — | &nbsp;&nbsp; 69823339 |
| Qatar | &nbsp;&nbsp; — | &nbsp;&nbsp; 44535219 | &nbsp;&nbsp; — | &nbsp;&nbsp; 44535219 |
| Saudi Arabia | &nbsp;&nbsp; — | &nbsp;&nbsp; 198681827 | &nbsp;&nbsp; — | &nbsp;&nbsp; 198681827 |
| South Africa | &nbsp;&nbsp; 43503635 | &nbsp;&nbsp; 160747293 | &nbsp;&nbsp; — | &nbsp;&nbsp; 204250928 |
| South Korea | &nbsp;&nbsp; 4327838 | &nbsp;&nbsp; 890680546 | &nbsp;&nbsp; — | &nbsp;&nbsp; 895008384 |
| Taiwan | &nbsp;&nbsp; 5188757 | &nbsp;&nbsp; 1355168508 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1360357265 |
| Thailand | &nbsp;&nbsp; 652782 | &nbsp;&nbsp; 81585336 | &nbsp;&nbsp; — | &nbsp;&nbsp; 82238118 |
| Turkey | &nbsp;&nbsp; — | &nbsp;&nbsp; 40279809 | &nbsp;&nbsp; — | &nbsp;&nbsp; 40279809 |
| United Arab Emirates | &nbsp;&nbsp; — | &nbsp;&nbsp; 105611926 | &nbsp;&nbsp; — | &nbsp;&nbsp; 105611926 |
| Preferred Stocks |  |  |  |  |
| Brazil | &nbsp;&nbsp; 49009483 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 49009483 |
| Chile | &nbsp;&nbsp; — | &nbsp;&nbsp; 1053606 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1053606 |
| Colombia | &nbsp;&nbsp; 1566633 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1566633 |
| India | &nbsp;&nbsp; — | &nbsp;&nbsp; 98040 | &nbsp;&nbsp; — | &nbsp;&nbsp; 98040 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 73764784 | &nbsp;&nbsp; — | &nbsp;&nbsp; 73764784 |
| Total Investments in Securities | &nbsp;&nbsp; $671054906 | &nbsp;&nbsp; $5846476298 | &nbsp;&nbsp; —˂˃ | &nbsp;&nbsp; $6517531204 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 1486538 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1486538 |
| Total Financial Instruments | &nbsp;&nbsp; $1486538 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $1486538 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

983

------

**The Emerging Markets Small Cap Series**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (97.8%) | COMMON STOCKS — (97.8%) | COMMON STOCKS — (97.8%) | COMMON STOCKS — (97.8%) |
| BRAZIL — (3.3%) | BRAZIL — (3.3%) | BRAZIL — (3.3%) | BRAZIL — (3.3%) |
|  | Allied Tecnologia SA | 56700 | $107605 |
|  | Allos SA | 955532 | 4431365 |
|  | Alupar Investimento <br> SA<br>| 511337 | 3096564 |
|  | Anima Holding SA | 242900 | 159376 |
|  | Auren Energia SA | 319131 | 651911 |
|  | Bemobi Mobile Tech <br> SA<br>| 142619 | 621644 |
| \* | Blau Farmaceutica <br> SA<br>| 9626 | 23940 |
|  | Boa Safra Sementes <br> SA<br>| 59537 | 116198 |
|  | BR Advisory Partners <br> Participacoes SA<br>| 83813 | 302228 |
|  | BrasilAgro - Co. <br> Brasileira de <br> Propriedades <br> Agricolas<br>| 145452 | 540178 |
| \* | Brava Energia | 132587 | 363755 |
|  | C&A Modas SA | 312520 | 943959 |
| \* | Cia Brasileira de <br> Aluminio<br>| 96041 | 92650 |
| \* | Cia Brasileira de <br> Distribuicao<br>| 386539 | 270149 |
|  | Cia de Saneamento <br> de Minas Gerais <br> Copasa MG<br>| 623774 | 4381531 |
|  | Cia De Sanena Do <br> Parana (SAPR11 <br> BZ)<br>| 923809 | 5920675 |
|  | Cia De Sanena Do <br> Parana (SAPR3 <br> BZ)<br>| 547196 | 726211 |
|  | Cia Siderurgica <br> Nacional SA <br> (CSNA3 BZ)<br>| 180900 | 317419 |
|  | Cogna Educacao SA | 2634059 | 1831129 |
|  | Construtora Tenda <br> SA<br>| 12300 | 53887 |
| \* | Cosan SA | 992933 | 1135055 |
|  | Cruzeiro do Sul <br> Educacional SA<br>| 258997 | 280663 |
|  | CSU Digital SA | 65014 | 215708 |
|  | Cury Construtora e <br> Incorporadora SA<br>| 428601 | 2783542 |
|  | Cyrela Brazil Realty <br> SA <br> Empreendimentos e <br> Participacoes<br>| 715568 | 4052706 |
| Ω | Desktop SA | 23721 | 67460 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Dexco SA | 639810 | $637437 |
|  | Dimed SA <br> Distribuidora da <br> Medicamentos<br>| 180980 | 315877 |
|  | Direcional Engenharia <br> SA<br>| 289437 | 913510 |
|  | EcoRodovias <br> Infraestrutura e <br> Logistica SA<br>| 593378 | 879046 |
|  | Embraer SA (EMBR3 <br> BZ)<br>| 989509 | 15999663 |
|  | Embraer SA (ERJ <br> US), Sponsored <br> ADR<br>| 187677 | 12101413 |
|  | Empreendimentos <br> Pague Menos SA<br>| 85820 | 62212 |
|  | Even Construtora e <br> Incorporadora SA<br>| 317994 | 440349 |
|  | Ez Tec <br> Empreendimentos e <br> Participacoes SA<br>| 243656 | 840124 |
|  | Fleury SA | 614330 | 1661446 |
|  | Fras-Le SA | 173868 | 741693 |
| Ω | GPS Participacoes e <br> Empreendimentos <br> SA<br>| 771120 | 2726178 |
|  | Grendene SA | 514179 | 502715 |
|  | Grupo Mateus SA | 1288776 | 1542713 |
|  | Grupo SBF SA | 62346 | 149609 |
|  | Guararapes <br> Confeccoes SA<br>| 170211 | 320493 |
| \*Ω | Hapvida Participacoes <br> e Investimentos SA<br>| 209805 | 1219845 |
|  | Hospital Mater Dei <br> SA<br>| 4700 | 3722 |
|  | Hypera SA | 303279 | 1456655 |
|  | Intelbras SA Industria <br> de <br> Telecomunicacao <br> Eletronica <br> Brasileira<br>| 65700 | 146056 |
|  | Iochpe Maxion SA | 51500 | 104820 |
|  | Irani Papel e <br> Embalagem SA<br>| 261317 | 433266 |
| \* | IRB-Brasil Resseguros <br> SA<br>| 113921 | 1044777 |
|  | JHSF Participacoes <br> SA<br>| 912076 | 1117219 |
|  | JSL SA | 49571 | 49756 |
|  | Kepler Weber SA | 358224 | 615911 |
|  | Klabin SA | 96448 | 323409 |

---

984

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Lavvi <br> Empreendimentos <br> Imobiliarios SA<br>| 293400 | $815311 |
|  | LOG Commercial <br> Properties e <br> Participacoes SA<br>| 102471 | 451413 |
| \* | Log-in Logistica <br> Intermodal SA<br>| 71124 | 436266 |
|  | Lojas Quero-Quero <br> SA<br>| 94308 | 36812 |
|  | Lojas Renner SA | 1840982 | 5078146 |
| Ω | LWSA SA | 151801 | 110325 |
|  | M Dias Branco SA | 39969 | 217826 |
|  | Magazine Luiza SA | 388800 | 612113 |
|  | Mahle Metal Leve SA | 34254 | 189927 |
|  | Marcopolo SA | 621600 | 787983 |
|  | MBRF Global Foods <br> Co. SA<br>| 855283 | 2840901 |
| \*Ω | Meliuz SA | 85500 | 71039 |
|  | Melnick Even <br> Desenvolvimento <br> Imobiliario SA<br>| 101700 | 74291 |
|  | Mills Locacao <br> Servicos e Logistica <br> SA<br>| 501620 | 1216766 |
| \* | Minerva SA | 388800 | 518887 |
| Ω | Mitre Realty <br> Empreendimentos E <br> Participacoes LTDA<br>| 39000 | 26532 |
|  | Moura Dubeux <br> Engenharia SA<br>| 178200 | 915850 |
|  | Movida Participacoes <br> SA<br>| 153466 | 233624 |
| \* | MRV Engenharia e <br> Participacoes SA<br>| 460200 | 646681 |
|  | Multiplan <br> Empreendimentos <br> Imobiliarios SA<br>| 217722 | 1112497 |
| \* | Natura Cosmeticos <br> SA<br>| 973379 | 1630154 |
| \* | Oceanpact Servicos <br> Maritimos SA<br>| 43800 | 61793 |
|  | Odontoprev SA | 680882 | 1611098 |
| \* | Orizon Valorizacao de <br> Residuos SA<br>| 15884 | 163743 |
|  | Pet Center Comercio <br> e Participacoes SA<br>| 355129 | 245556 |
|  | Petroreconcavo SA | 11470 | 26479 |
|  | Plano & Plano <br> Desenvolvimento <br> Imobiliario SA<br>| 140177 | 380670 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Profarma Distribuidora <br> de Produtos <br> Farmaceuticos SA<br>| 8300 | $12959 |
|  | Qualicorp Consultoria <br> e Corretora de <br> Seguros SA<br>| 30300 | 15263 |
|  | Romi SA | 132540 | 200536 |
|  | Sao Carlos <br> Empreendimentos e <br> Participacoes SA<br>| 37700 | 146667 |
|  | Sao Martinho SA | 441094 | 1151118 |
| # | Sendas Distribuidora <br> SA (ASAI US), <br> ADR<br>| 74984 | 590124 |
|  | Sendas Distribuidora <br> SA (ASAI3 BZ)<br>| 190111 | 303898 |
| Ω | Ser Educacional SA | 51610 | 97657 |
|  | Simpar SA | 770712 | 661844 |
|  | SLC Agricola SA | 201723 | 605549 |
|  | Smartfit Escola de <br> Ginastica e Danca <br> SA<br>| 571853 | 2676467 |
|  | Tegma Gestao <br> Logistica SA<br>| 116092 | 786110 |
|  | TOTVS SA | 1045212 | 8620166 |
|  | Transmissora Alianca <br> de Energia Eletrica <br> SA<br>| 1007523 | 7135127 |
|  | Tres Tentos <br> Agroindustrial SA<br>| 253677 | 754908 |
|  | Trisul SA | 214066 | 303992 |
|  | Ultrapar Participacoes <br> SA (UGPA3 BZ)<br>| 464626 | 1849021 |
|  | Unifique <br> Telecomunicacoes <br> SA<br>| 36863 | 33026 |
| \* | Usinas Siderurgicas <br> de Minas Gerais SA <br> Usiminas<br>| 67821 | 70973 |
|  | Valid Solucoes e <br> Servicos de <br> Seguranca em <br> Meios de <br> Pagamento e <br> Identificacao SA<br>| 105832 | 435725 |
|  | Vivara Participacoes <br> SA<br>| 324193 | 1880096 |
|  | Vulcabras SA | 419776 | 1802401 |
|  | Wiz Co. | 81944 | 126573 |
|  | YDUQS Participacoes <br> SA<br>| 269730 | 712435 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 131322740 |

---

985

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHILE — (0.7%) | CHILE — (0.7%) | CHILE — (0.7%) | CHILE — (0.7%) |
|  | Aguas Andinas SA, <br> Class A<br>| 4856613 | $1850524 |
|  | Besalco SA | 1016226 | 1194498 |
|  | Bicecorp SA | 2234119 | 782190 |
|  | Camanchaca SA | 1466611 | 97713 |
| \* | CAP SA | 148607 | 993033 |
|  | Cia Cervecerias <br> Unidas SA (CCU <br> CI)<br>| 44325 | 282372 |
| # | Cia Cervecerias <br> Unidas SA (CCU <br> US), Sponsored <br> ADR<br>| 17960 | 231684 |
|  | Cia Sud Americana de <br> Vapores SA<br>| 3815813 | 189675 |
|  | Colbun SA | 10468559 | 1573377 |
|  | Cristalerias de Chile <br> SA<br>| 130323 | 373980 |
|  | Embotelladora Andina <br> SA, ADR, Class B<br>| 42824 | 1158818 |
|  | Empresa Nacional de <br> Telecomunicaciones <br> SA<br>| 450193 | 2144499 |
|  | Empresas Lipigas SA | 6383 | 43466 |
|  | Engie Energia Chile <br> SA<br>| 866969 | 1248965 |
|  | Forus SA | 138560 | 320350 |
|  | Inversiones Aguas <br> Metropolitanas SA<br>| 743097 | 749347 |
|  | Inversiones La <br> Construccion SA<br>| 65961 | 1049888 |
| \* | Multiexport Foods SA | 1780116 | 493419 |
|  | Parque Arauco SA | 1595320 | 4447775 |
|  | PAZ Corp. SA | 881968 | 702231 |
|  | Ripley Corp. SA | 1635621 | 794738 |
|  | Salfacorp SA | 946067 | 1039112 |
|  | Sigdo Koppers SA | 874972 | 1272933 |
|  | SMU SA | 1357747 | 220781 |
|  | Sociedad Matriz <br> SAAM SA<br>| 31684439 | 4195360 |
|  | SONDA SA | 862619 | 312882 |
|  | Vina Concha y Toro <br> SA<br>| 822071 | 896380 |
| TOTAL CHILE | TOTAL CHILE |  | 28659990 |
| CHINA — (27.3%) | CHINA — (27.3%) | CHINA — (27.3%) | CHINA — (27.3%) |
|  | 263 Network <br> Communications <br> Co. Ltd., Class A<br>| 150800 | 135867 |
|  | 361 Degrees <br> International Ltd.<br>| 3755000 | 2840102 |
| \* | 3D Medicines, Inc. | 72000 | 58650 |
| Ω | 3SBio, Inc. | 5441000 | 21647836 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | 5I5J Holding Group <br> Co. Ltd., Class A<br>| 471200 | $190166 |
|  | AAC Technologies <br> Holdings, Inc.<br>| 1934500 | 9944090 |
|  | ABA Chemicals Corp., <br> Class A<br>| 49600 | 50636 |
| \* | Adicon Holdings Ltd. | 49000 | 38111 |
|  | Advanced Fiber <br> Resources Zhuhai <br> Ltd., Class A<br>| 17000 | 249887 |
| \* | AECC Aero Science & <br> Technology Co. <br> Ltd., Class A<br>| 81900 | 308942 |
| \* | Aerospace Hi-Tech <br> Holdings Group <br> Ltd., Class A<br>| 96600 | 258900 |
| #\* | Agile Group Holdings <br> Ltd.<br>| 2592000 | 139715 |
| \* | Agora, Inc., ADR | 48024 | 170485 |
| \* | AIM Vaccine Co. Ltd., <br> Class H<br>| 146800 | 73903 |
| \*Ω | AInnovation <br> Technology Group <br> Co. Ltd., Class H<br>| 92900 | 80118 |
| #Ω | AK Medical Holdings <br> Ltd.<br>| 408000 | 308558 |
| \*Ω | Akeso, Inc. | 5000 | 72804 |
| \* | Alibaba Health <br> Information <br> Technology Ltd.<br>| 6676000 | 4979535 |
| #Ω | A-Living Smart City <br> Services Co. Ltd., <br> Class H<br>| 958000 | 304783 |
|  | Allmed Medical <br> Products Co. Ltd., <br> Class A<br>| 120500 | 184505 |
| \*Ω | Alphamab Oncology | 580000 | 858470 |
|  | Amoy Diagnostics Co. <br> Ltd., Class A<br>| 39169 | 125734 |
|  | Amrita Global <br> Development Ltd.<br>| 1794000 | 138523 |
|  | ANE Cayman, Inc. | 1680500 | 2481413 |
| \* | Angang Steel Co. <br> Ltd., Class H<br>| 3904999 | 1019570 |
| #Ω | Angelalign <br> Technology, Inc.<br>| 87000 | 714123 |
|  | Anhui Anfu Battery <br> Technology Co. <br> Ltd., Class A<br>| 30700 | 173900 |
|  | Anhui Construction <br> Engineering Group <br> Co. Ltd., Class A<br>| 666590 | 444115 |

---

986

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Anhui Expressway Co. <br> Ltd., Class H<br>| 1738000 | $2759361 |
| \* | Anhui Golden Seed <br> Winery Co. Ltd., <br> Class A<br>| 83300 | 121665 |
|  | Anhui Guangxin <br> Agrochemical Co. <br> Ltd., Class A<br>| 120900 | 199203 |
| \* | Anhui Guofeng New <br> Materials Co. Ltd., <br> Class A<br>| 90300 | 80813 |
|  | Anhui Hengyuan Coal <br> Industry & <br> Electricity Power <br> Co. Ltd., Class A<br>| 165800 | 166834 |
|  | Anhui Honglu Steel <br> Construction Group <br> Co. Ltd., Class A<br>| 13700 | 34869 |
|  | Anhui Huilong <br> Agricultural Means <br> of Production Co. <br> Ltd., Class A<br>| 84200 | 68241 |
|  | Anhui Jinhe Industrial <br> Co. Ltd., Class A<br>| 51600 | 145657 |
|  | Anhui Sierte Fertilizer <br> Industry Ltd. Co., <br> Class A<br>| 19000 | 16054 |
| \* | Anhui Tatfook <br> Technology Co. <br> Ltd., Class A<br>| 152900 | 249262 |
|  | Anhui Transport <br> Consulting & <br> Design Institute Co. <br> Ltd., Class A<br>| 107796 | 129302 |
|  | Anhui Xinhua Media <br> Co. Ltd., Class A<br>| 145300 | 136828 |
|  | Anshan Hifichem Co. <br> Ltd., Class A<br>| 48000 | 93916 |
| \* | Anshan Senyuan <br> Road & Bridge Co. <br> Ltd., Class A<br>| 33900 | 44476 |
| \*Ω | Antengene Corp. Ltd. | 395000 | 263669 |
|  | Anton Oilfield Services <br> Group<br>| 5944000 | 803902 |
| \* | Anyang Iron & Steel, <br> Inc., Class A<br>| 67600 | 24061 |
|  | Aoshikang Technology <br> Co. Ltd., Class A<br>| 69350 | 376857 |
|  | Aotecar New Energy <br> Technology Group <br> Co. Ltd., Class A<br>| 809100 | 361914 |
| \* | Aowei Holdings Ltd. | 1450000 | 46452 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | ApicHope <br> Pharmaceutical <br> Group Co. Ltd.<br>| 79970 | $629035 |
|  | Appotronics Corp. <br> Ltd., Class A<br>| 82458 | 208967 |
|  | APT Satellite Holdings <br> Ltd.<br>| 762000 | 208099 |
|  | Arctech Solar Holding <br> Co. Ltd., Class A<br>| 29625 | 178401 |
| \*Ω | Arrail Group Ltd. | 396500 | 96341 |
| \* | Asia Cement China <br> Holdings Corp.<br>| 1480000 | 485536 |
| #Ω | AsiaInfo Technologies <br> Ltd.<br>| 318800 | 370338 |
|  | Asian Star Anchor <br> Chain Co. Ltd. <br> Jiangsu, Class A<br>| 178300 | 258721 |
|  | Aurisco <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 29800 | 97359 |
|  | Autohome, Inc., ADR | 57237 | 1442372 |
| \* | Autostreets <br> Development Ltd.<br>| 831800 | 413442 |
|  | AviChina Industry & <br> Technology Co. <br> Ltd., Class H<br>| 6986000 | 3558631 |
|  | Bafang Electric <br> Suzhou Co. Ltd., <br> Class A<br>| 30700 | 120735 |
| \*Ω | BAIC Motor Corp. <br> Ltd., Class H<br>| 2404500 | 621755 |
| Ω | BAIOO Family <br> Interactive Ltd.<br>| 650000 | 43523 |
| \*Ω | Bairong, Inc. | 651000 | 824283 |
|  | Bank of Chongqing <br> Co. Ltd., Class H<br>| 1872000 | 1931943 |
| Ω | Bank of Qingdao Co. <br> Ltd., Class H<br>| 1418500 | 784230 |
|  | Bank of Tianjin Co. <br> Ltd., Class H<br>| 288000 | 94150 |
| Ω | Bank of Zhengzhou <br> Co. Ltd., Class H<br>| 212910 | 35082 |
| \* | Baosheng Science & <br> Technology <br> Innovation Co. Ltd., <br> Class A<br>| 155002 | 115679 |
| \* | Baotailong New <br> Materials Co. Ltd., <br> Class A<br>| 127500 | 68172 |
|  | Baowu Magnesium <br> Technology Co. <br> Ltd., Class A<br>| 230860 | 464601 |

---

987

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Baoxiniao Holding Co. <br> Ltd., Class A<br>| 259800 | $143499 |
|  | Baoye Group Co. Ltd., <br> Class H<br>| 1132000 | 605786 |
| \* | Baozun, Inc. (BZUN <br> US), Sponsored <br> ADR<br>| 25883 | 84896 |
| \* | BaTeLab Co. Ltd., <br> Class H<br>| 6300 | 43261 |
|  | BBMG Corp., Class H | 928000 | 97896 |
|  | BBMG Jidong Cement <br> Group Co. Ltd., <br> Class A<br>| 124704 | 84484 |
| \* | Be Friends Holding <br> Ltd.<br>| 236000 | 34624 |
|  | Bear Electric <br> Appliance Co. Ltd., <br> Class A<br>| 31247 | 211751 |
|  | Beauty Farm Medical <br> & Health Industry, <br> Inc.<br>| 76000 | 301281 |
|  | Befar Group Co. Ltd., <br> Class A<br>| 395200 | 240031 |
|  | Beijing Bei Mo Gao <br> Ke Friction Material <br> Co. Ltd., Class A<br>| 81420 | 341084 |
| \* | Beijing Bohui <br> Innovation <br> Biotechnology <br> Group Co. Ltd., <br> Class A<br>| 109500 | 88726 |
| \* | Beijing Capital <br> Development Co. <br> Ltd., Class A<br>| 339600 | 293321 |
| \* | Beijing Capital <br> International Airport <br> Co. Ltd., Class H<br>| 1878000 | 674059 |
|  | Beijing Chunlizhengda <br> Medical Instruments <br> Co. Ltd., Class H<br>| 193750 | 472798 |
|  | Beijing CTJ <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 67000 | 210308 |
|  | Beijing Energy <br> International <br> Holding Co. Ltd.<br>| 1000000 | 158220 |
|  | Beijing Enterprises <br> Holdings Ltd.<br>| 1476000 | 6476506 |
| # | Beijing Enterprises <br> Water Group Ltd.<br>| 10268000 | 3300237 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Beijing Fengjing <br> Automotive Parts <br> Co. Ltd.<br>| 286600 | $154005 |
|  | Beijing Gehua CATV <br> Network Co. Ltd., <br> Class A<br>| 199700 | 225835 |
|  | Beijing GeoEnviron <br> Engineering & <br> Technology, Inc., <br> Class A<br>| 285368 | 302656 |
| \* | Beijing Haixin Energy <br> Technology Co. <br> Ltd., Class A<br>| 156400 | 89900 |
|  | Beijing Haohua <br> Energy Resource <br> Co. Ltd., Class A<br>| 184440 | 200138 |
|  | Beijing Jingneng <br> Clean Energy Co. <br> Ltd., Class H<br>| 4062000 | 1296108 |
|  | Beijing Jingyeda <br> Technology Co. <br> Ltd., Class A<br>| 14600 | 44456 |
|  | Beijing Jingyi <br> Automation <br> Equipment Co. Ltd., <br> Class A<br>| 18744 | 228585 |
| \* | Beijing Jingyuntong <br> Technology Co. <br> Ltd., Class A<br>| 220500 | 127074 |
| \* | Beijing Leike Defense <br> Technology Co. <br> Ltd., Class A<br>| 135907 | 105267 |
| \* | Beijing North Star Co. <br> Ltd., Class H<br>| 1392000 | 155738 |
|  | Beijing Oriental <br> Jicheng Co. Ltd., <br> Class A<br>| 20800 | 87007 |
|  | Beijing Sanlian Hope <br> Shin-Gosen <br> Technical Service <br> Co. Ltd., Class A<br>| 22200 | 51873 |
|  | Beijing Sanyuan <br> Foods Co. Ltd., <br> Class A<br>| 283604 | 193041 |
|  | Beijing Shunxin <br> Agriculture Co. Ltd., <br> Class A<br>| 75600 | 166549 |
| \* | Beijing Sinohytec Co. <br> Ltd., Class H<br>| 36950 | 139819 |
|  | Beijing SL <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 91000 | 96515 |

---

988

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Beijing Sojo Electric <br> Co. Ltd., Class A<br>| 55400 | $59865 |
| \* | Beijing SPC <br> Environment <br> Protection Tech Co. <br> Ltd., Class A<br>| 251200 | 141250 |
|  | Beijing Strong <br> Biotechnologies, <br> Inc., Class A<br>| 110100 | 211453 |
| \* | Beijing SuperMap <br> Software Co. Ltd., <br> Class A<br>| 88400 | 215640 |
|  | Beijing Teamsun <br> Technology Co. <br> Ltd., Class A<br>| 66900 | 179830 |
| \* | Beijing Thunisoft <br> Corp. Ltd., Class A<br>| 109900 | 123757 |
| # | Beijing Tong Ren Tang <br> Chinese Medicine <br> Co. Ltd.<br>| 666000 | 739253 |
|  | Beijing Tricolor <br> Technology Co. <br> Ltd., Class A<br>| 86000 | 2082966 |
| #\* | Beijing UBOX Online <br> Technology Corp., <br> Class H<br>| 193500 | 73019 |
| Ω | Beijing Urban <br> Construction Design <br> & Development <br> Group Co. Ltd., <br> Class H<br>| 145000 | 26839 |
| \* | Beijing VRV Software <br> Corp. Ltd., Class A<br>| 159300 | 139752 |
| \* | Beijing Watertek <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 246700 | 212914 |
|  | Beijing Yuanliu <br> Hongyuan <br> Electronic <br> Technology Co. <br> Ltd., Class A<br>| 37300 | 264302 |
| \* | Beingmate Co. Ltd., <br> Class A<br>| 129400 | 115350 |
| \* | Beisen Holding Ltd. | 10400 | 10227 |
| \* | Beken Corp., Class A | 8400 | 45279 |
| \* | Bengang Steel Plates <br> Co. Ltd., Class A<br>| 87100 | 43709 |
|  | Best Pacific <br> International <br> Holdings Ltd.<br>| 238000 | 100340 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Bestore Co. Ltd., <br> Class A<br>| 23200 | $40419 |
| \* | Bestway Marine & <br> Energy Technology <br> Co. Ltd., Class A<br>| 332400 | 315419 |
|  | Beyondsoft Corp., <br> Class A<br>| 35200 | 67497 |
|  | Bichamp Cutting <br> Technology Hunan <br> Co. Ltd., Class A<br>| 14100 | 39701 |
|  | Biem.L.Fdlkk Garment <br> Co. Ltd., Class A<br>| 58400 | 131216 |
| \* | Bilibili, Inc., <br> Sponsored ADR<br>| 45410 | 1373652 |
| \* | Bilibili, Inc., Class Z | 374960 | 11324910 |
| \* | Billion Industrial <br> Holdings Ltd.<br>| 44000 | 27086 |
|  | Binjiang Service <br> Group Co. Ltd.<br>| 192000 | 608628 |
| \* | Biocytogen <br> Pharmaceuticals <br> Beijing Co. Ltd., <br> Class H<br>| 71000 | 256595 |
|  | Black Peony Group <br> Co. Ltd., Class A<br>| 203349 | 244496 |
| #Ω | Blue Moon Group <br> Holdings Ltd.<br>| 1240000 | 474088 |
| Ω | BOC Aviation Ltd. | 554400 | 4859699 |
| \* | BOE HC SemiTek <br> Corp.<br>| 132800 | 148684 |
| # | BOE Varitronix Ltd. | 271000 | 173610 |
| \* | Bomin Electronics Co. <br> Ltd., Class A<br>| 104700 | 174638 |
|  | Bosideng International <br> Holdings Ltd.<br>| 10770000 | 6590311 |
|  | BOTH Engineering <br> Technology Co. <br> Ltd., Class A<br>| 13800 | 24179 |
| # | Boyaa Interactive <br> International Ltd.<br>| 585000 | 401461 |
|  | Bright Dairy & Food <br> Co. Ltd., Class A<br>| 153400 | 180275 |
| # | Brilliance China <br> Automotive <br> Holdings Ltd.<br>| 6360000 | 3129337 |
|  | Bros Eastern Co. Ltd., <br> Class A<br>| 255672 | 192006 |
| \* | B-Soft Co. Ltd., <br> Class A<br>| 114848 | 76714 |
| \* | Burning Rock Biotech <br> Ltd., ADR<br>| 405 | 5229 |

---

989

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Business-intelligence <br> of Oriental Nations <br> Corp. Ltd., Class A<br>| 74600 | $110762 |
| # | BYD Electronic <br> International Co. <br> Ltd.<br>| 981000 | 4605427 |
| \* | C C Land Holdings <br> Ltd.<br>| 8801015 | 1347588 |
| # | C&D International <br> Investment Group <br> Ltd.<br>| 2001178 | 4110324 |
|  | C&D Property <br> Management Group <br> Co. Ltd.<br>| 783000 | 292041 |
|  | C&S Paper Co. Ltd., <br> Class A<br>| 252900 | 283246 |
| \*Ω | CALB Group Co. Ltd., <br> Class H<br>| 273400 | 1178465 |
|  | Camel Group Co. Ltd., <br> Class A<br>| 137135 | 196667 |
|  | Cangzhou Dahua Co. <br> Ltd., Class A<br>| 27600 | 47772 |
|  | Cangzhou Mingzhu <br> Plastic Co. Ltd., <br> Class A<br>| 262300 | 171935 |
|  | Canny Elevator Co. <br> Ltd., Class A<br>| 84800 | 87494 |
| \*Ω | CanSino Biologics, <br> Inc., Class H<br>| 123000 | 731315 |
| Ω | Cathay Group <br> Holdings, Inc.<br>| 677000 | 119893 |
|  | CCS Supply Chain <br> Management Co. <br> Ltd., Class A<br>| 113600 | 76210 |
| \*†† | CECEP COSTIN New <br> Materials Group <br> Ltd.<br>| 4494000 | 0 |
|  | Central China Land <br> Media Co. Ltd., <br> Class A<br>| 106000 | 180170 |
| \*†† | Central China <br> Management Co. <br> Ltd.<br>| 1270626 | 3270 |
| # | Central China <br> Securities Co. Ltd., <br> Class H<br>| 2947000 | 977531 |
|  | CGN New Energy <br> Holdings Co. Ltd.<br>| 4990000 | 1765994 |
| \* | CGN Nuclear <br> Technology <br> Development Co. <br> Ltd., Class A<br>| 226800 | 257921 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Changbai Mountain <br> Tourism Co. Ltd., <br> Class A<br>| 89500 | $660470 |
|  | Changchun Faway <br> Automobile <br> Components Co. <br> Ltd., Class A<br>| 168330 | 222891 |
|  | Changchun UP <br> Optotech Co. Ltd., <br> Class A<br>| 43600 | 325772 |
|  | Changhong Meiling <br> Co. Ltd., Class A<br>| 160000 | 156357 |
|  | Changjiang & <br> Jinggong Steel <br> Building Group Co. <br> Ltd., Class A<br>| 382200 | 228831 |
|  | Changjiang Publishing <br> & Media Co. Ltd., <br> Class A<br>| 138100 | 170004 |
|  | Changzheng <br> Engineering <br> Technology Co. <br> Ltd., Class A<br>| 8400 | 22410 |
|  | Changzhou Qianhong <br> Biopharma Co. Ltd., <br> Class A<br>| 216600 | 283254 |
|  | Chaoju Eye Care <br> Holdings Ltd.<br>| 168500 | 55085 |
|  | Chaowei Power <br> Holdings Ltd.<br>| 960000 | 179261 |
| Ω | Cheerwin Group Ltd. | 220000 | 63896 |
| \* | Cheetah Mobile, Inc., <br> ADR<br>| 1582 | 11770 |
| \* | Chen Lin Education <br> Group Holdings <br> Ltd.<br>| 292000 | 60228 |
|  | Cheng De Lolo Co. <br> Ltd., Class A<br>| 108650 | 140958 |
| \* | Chengdu ALD Aviation <br> Manufacturing <br> Corp., Class A<br>| 20500 | 75436 |
|  | Chengdu B-Ray <br> Media Co. Ltd., <br> Class A<br>| 160300 | 113202 |
|  | Chengdu Galaxy <br> Magnets Co. Ltd., <br> Class A<br>| 35200 | 170713 |
|  | Chengdu Guibao <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 36000 | 113391 |

---

990

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Chengdu Guoguang <br> Electric Co. Ltd., <br> Class A<br>| 17638 | $222305 |
|  | Chengdu Haoneng <br> Technology Co. <br> Ltd., Class A<br>| 367300 | 702161 |
|  | Chengdu Hongqi <br> Chain Co. Ltd., <br> Class A<br>| 106200 | 82134 |
|  | Chengdu Kanghua <br> Biological Products <br> Co. Ltd., Class A<br>| 24400 | 264511 |
|  | Chengdu Leejun <br> Industrial Co. Ltd., <br> Class A<br>| 198400 | 311860 |
|  | Chengdu Spaceon <br> Electronics Co. Ltd., <br> Class A<br>| 81100 | 200366 |
|  | Chengdu Wintrue <br> Holding Co. Ltd., <br> Class A<br>| 83200 | 122085 |
|  | Chenguang Biotech <br> Group Co. Ltd., <br> Class A<br>| 95000 | 178553 |
| \* | Chengxin Lithium <br> Group Co. Ltd., <br> Class A<br>| 83200 | 298194 |
|  | Chengzhi Co. Ltd., <br> Class A<br>| 232800 | 250614 |
| # | Chervon Holdings <br> Ltd.<br>| 315200 | 817881 |
| \* | China Aerospace <br> International <br> Holdings Ltd.<br>| 8284500 | 606849 |
| \* | China Agriculture <br> Development Seed <br> Group Co. Ltd., <br> Class A<br>| 219100 | 197896 |
|  | China Aircraft Leasing <br> Group Holdings <br> Ltd.<br>| 334226 | 191644 |
| \* | China Aluminum <br> International <br> Engineering Corp. <br> Ltd., Class H<br>| 352000 | 115881 |
| \* | China Anchu Energy <br> Storage Group Ltd.<br>| 1261000 | 77068 |
|  | China Animal <br> Husbandry Industry <br> Co. Ltd., Class A<br>| 198000 | 213896 |
|  | China BlueChemical <br> Ltd., Class H<br>| 4332000 | 1338655 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \*Ω | China Bohai Bank Co. <br> Ltd., Class H<br>| 5587500 | $733046 |
|  | China CAMC <br> Engineering Co. <br> Ltd., Class A<br>| 144600 | 173048 |
| # | China Chunlai <br> Education Group <br> Co. Ltd.<br>| 486000 | 272611 |
| # | China Cinda Asset <br> Management Co. <br> Ltd., Class H<br>| 24295000 | 3938088 |
| \*†† | China Common Rich <br> Renewable Energy <br> Investments Ltd.<br>| 17084000 | 0 |
|  | China <br> Communications <br> Services Corp. Ltd., <br> Class H<br>| 7274000 | 4359405 |
|  | China Conch Venture <br> Holdings Ltd.<br>| 1988000 | 2485668 |
|  | China CYTS Tours <br> Holding Co. Ltd., <br> Class A<br>| 140200 | 191161 |
|  | China Datang Corp. <br> Renewable Power <br> Co. Ltd., Class H<br>| 8310000 | 2544886 |
|  | China Design Group <br> Co. Ltd., Class A<br>| 143800 | 157895 |
| Ω | China Development <br> Bank Financial <br> Leasing Co. Ltd., <br> Class H<br>| 4978000 | 1094133 |
|  | China Dongxiang <br> Group Co. Ltd.<br>| 3911985 | 251975 |
| Ω | China East Education <br> Holdings Ltd.<br>| 439500 | 369507 |
| # | China Education <br> Group Holdings <br> Ltd.<br>| 141158 | 54164 |
|  | China Electronics <br> Huada Technology <br> Co. Ltd.<br>| 2330000 | 443203 |
| \* | China Electronics <br> Optics Valley Union <br> Holding Co. Ltd.<br>| 660000 | 20519 |
| # | China Everbright <br> Environment Group <br> Ltd.<br>| 9431000 | 5835332 |
|  | China Everbright Ltd. | 1888000 | 2451561 |
| \* | China Express Airlines <br> Co. Ltd., Class A<br>| 61200 | 91837 |
| #Ω | China Feihe Ltd. | 9282000 | 4953909 |
|  | China Foods Ltd. | 2444000 | 1304605 |

---

991

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | China Gas Holdings <br> Ltd.<br>| 6949344 | $7147717 |
|  | China Gold <br> International <br> Resources Corp. <br> Ltd. (2099 HK)<br>| 743300 | 12511925 |
|  | China Hanking <br> Holdings Ltd.<br>| 1710000 | 956366 |
| \* | China Harmony Auto <br> Holding Ltd.<br>| 123500 | 19890 |
| \* | China High Speed <br> Railway Technology <br> Co. Ltd., Class A<br>| 558000 | 225747 |
| \* | China High Speed <br> Transmission <br> Equipment Group <br> Co. Ltd.<br>| 98000 | 22446 |
| #†† | China Huiyuan Juice <br> Group Ltd.<br>| 3902101 | 176059 |
| # | China International <br> Marine Containers <br> Group Co. Ltd., <br> Class H<br>| 3078780 | 2814138 |
| # | China Jinmao <br> Holdings Group <br> Ltd.<br>| 11909141 | 2058067 |
|  | China Leadshine <br> Technology Co. <br> Ltd., Class A<br>| 25300 | 157242 |
|  | China Lesso Group <br> Holdings Ltd.<br>| 3119000 | 1784830 |
| # | China Lilang Ltd. | 794000 | 344130 |
| \*Ω | China Literature Ltd. | 1034200 | 5571437 |
| \* | China Longevity <br> Group Co. Ltd.<br>| 1076350 | 1385 |
|  | China Medical System <br> Holdings Ltd.<br>| 3766500 | 6495742 |
|  | China Meidong Auto <br> Holdings Ltd.<br>| 480000 | 109191 |
|  | China Mengniu Dairy <br> Co. Ltd.<br>| 4068000 | 7402747 |
|  | China Merchants Port <br> Holdings Co. Ltd.<br>| 4474107 | 8665260 |
|  | China Merchants <br> Property Operation <br> & Service Co. Ltd., <br> Class A<br>| 123800 | 199467 |
| #\*†† | China Metal Recycling <br> Holdings Ltd.<br>| 2401686 | 0 |
| # | China Modern Dairy <br> Holdings Ltd.<br>| 5789000 | 902044 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China National Accord <br> Medicines Corp. <br> Ltd., Class A<br>| 19700 | $70395 |
|  | China National <br> Building Material <br> Co. Ltd., Class H<br>| 6750057 | 4783480 |
|  | China National <br> Electric Apparatus <br> Research Institute <br> Co. Ltd., Class A<br>| 66106 | 299282 |
|  | China Nonferrous <br> Metal Industry's <br> Foreign Engineering <br> & Construction Co. <br> Ltd., Class A<br>| 175400 | 164528 |
|  | China Nonferrous <br> Mining Corp. Ltd.<br>| 3834000 | 7071601 |
|  | China Oilfield Services <br> Ltd., Class H<br>| 2646000 | 2583161 |
|  | China Oriental Group <br> Co. Ltd.<br>| 858000 | 144798 |
|  | China Overseas <br> Grand Oceans <br> Group Ltd.<br>| 2741434 | 765956 |
|  | China Overseas <br> Property Holdings <br> Ltd.<br>| 4650000 | 2902417 |
| # | China Power <br> International <br> Development Ltd.<br>| 15918333 | 6862362 |
| \*†† | China Properties <br> Investment Holdings <br> Ltd.<br>| 2045000 | 0 |
|  | China Publishing & <br> Media Co. Ltd., <br> Class A<br>| 144300 | 138966 |
|  | China Qinfa Group <br> Ltd.<br>| 928000 | 348459 |
| Ω | China Railway Signal <br> & Communication <br> Corp. Ltd., Class H<br>| 2095000 | 919226 |
|  | China Railway Tielong <br> Container Logistics <br> Co. Ltd., Class A<br>| 249800 | 226879 |
| \* | China Rare Earth <br> Holdings Ltd.<br>| 3990799 | 359506 |
|  | China Reinsurance <br> Group Corp., <br> Class H<br>| 17807000 | 3616357 |
| \*Ω | China Renaissance <br> Holdings Ltd.<br>| 360600 | 268951 |

---

992

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Resource & <br> Environment Co. <br> Ltd., Class A<br>| 319400 | $193094 |
|  | China Resources Beer <br> Holdings Co. Ltd.<br>| 973000 | 3328174 |
|  | China Resources <br> Boya <br> Bio-pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 44200 | 156916 |
|  | China Resources <br> Building Materials <br> Technology <br> Holdings Ltd.<br>| 3660000 | 795962 |
|  | China Resources Gas <br> Group Ltd.<br>| 1334400 | 3669362 |
| # | China Resources <br> Medical Holdings <br> Co. Ltd.<br>| 854500 | 371280 |
| #Ω | China Resources <br> Pharmaceutical <br> Group Ltd.<br>| 5031000 | 3224090 |
| # | China Risun Group <br> Ltd.<br>| 1645000 | 495140 |
| \* | China Ruifeng <br> Renewable Energy <br> Holdings Ltd.<br>| 168000 | 15560 |
| \* | China Ruyi Holdings <br> Ltd.<br>| 19772000 | 7047873 |
| \* | China Sanjiang Fine <br> Chemicals Co. Ltd.<br>| 1686000 | 533048 |
| \*Ω | China Shengmu <br> Organic Milk Ltd.<br>| 3263000 | 145334 |
|  | China Shineway <br> Pharmaceutical <br> Group Ltd.<br>| 787200 | 850312 |
| \* | China Silver Group <br> Ltd.<br>| 2494000 | 201566 |
|  | China State <br> Construction <br> Development <br> Holdings Ltd.<br>| 84000 | 12769 |
|  | China State <br> Construction <br> International <br> Holdings Ltd.<br>| 3122000 | 3551463 |
|  | China Sunshine Paper <br> Holdings Co. Ltd.<br>| 1680000 | 362961 |
|  | China Suntien Green <br> Energy Corp. Ltd., <br> Class H<br>| 6264000 | 3502444 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Taiping <br> Insurance Holdings <br> Co. Ltd.<br>| 4016200 | $9135512 |
|  | China Testing & <br> Certification <br> International Group <br> Co. Ltd., Class A<br>| 41392 | 38001 |
|  | China Tianying, Inc., <br> Class A<br>| 292200 | 241047 |
| # | China Tobacco <br> International HK Co. <br> Ltd.<br>| 643000 | 3132244 |
|  | China Traditional <br> Chinese Medicine <br> Holdings Co. Ltd.<br>| 3774000 | 1136894 |
| #\* | China Travel <br> International <br> Investment Hong <br> Kong Ltd.<br>| 9487900 | 2098249 |
| \* | China Union Holdings <br> Ltd., Class A<br>| 221030 | 127281 |
| #\* | China Vanke Co. Ltd., <br> Class H<br>| 3139700 | 1778767 |
|  | China Vered Financial <br> Holding Corp. Ltd.<br>| 1468500 | 209236 |
| # | China Water Affairs <br> Group Ltd.<br>| 3782000 | 3050972 |
|  | China West <br> Construction Group <br> Co. Ltd., Class A<br>| 105500 | 97908 |
|  | China XLX Fertiliser <br> Ltd.<br>| 1888000 | 1781460 |
|  | China Yongda <br> Automobiles <br> Services Holdings <br> Ltd.<br>| 1838500 | 403693 |
| #\*Ω | China Youran Dairy <br> Group Ltd.<br>| 4116000 | 1719530 |
| \*Ω | China Yuhua <br> Education Corp. <br> Ltd.<br>| 536000 | 38530 |
| # | Chinasoft International <br> Ltd.<br>| 9242000 | 6918538 |
|  | Chongqing Chuanyi <br> Automation Co. <br> Ltd., Class A<br>| 59400 | 194892 |
| \* | Chongqing <br> Construction <br> Engineering Group <br> Corp. Ltd., Class A<br>| 251800 | 112241 |
|  | Chongqing Gas Group <br> Corp. Ltd., Class A<br>| 162400 | 133809 |

---

993

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Chongqing Machinery <br> & Electric Co. Ltd., <br> Class H<br>| 2834000 | $674181 |
|  | Chongqing Pharscin <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 42200 | 97201 |
|  | Chongqing Port Co. <br> Ltd., Class A<br>| 47800 | 36461 |
|  | Chongqing Road & <br> Bridge Co. Ltd., <br> Class A<br>| 200700 | 191028 |
|  | Chongqing Rural <br> Commercial Bank <br> Co. Ltd., Class H<br>| 3860000 | 3174434 |
| \* | Chongqing Taiji <br> Industry Group Co. <br> Ltd., Class A<br>| 52600 | 155319 |
|  | Chongyi Zhangyuan <br> Tungsten Industry <br> Co. Ltd., Class A<br>| 271710 | 492572 |
| #\* | CIFI Holdings Group <br> Co. Ltd.<br>| 5436000 | 156381 |
|  | CIG Shanghai Co. <br> Ltd., Class A<br>| 55300 | 797233 |
|  | CIMC Enric Holdings <br> Ltd.<br>| 2856000 | 2758411 |
|  | Cisen Pharmaceutical <br> Co. Ltd., Class A<br>| 83100 | 247666 |
| \* | CITIC Niya Wine Co. <br> Ltd., Class A<br>| 199800 | 152499 |
|  | CITIC Resources <br> Holdings Ltd.<br>| 2632600 | 140395 |
|  | City Development <br> Environment Co. <br> Ltd., Class A<br>| 147700 | 310138 |
| \* | Citychamp Watch & <br> Jewellery Group <br> Ltd.<br>| 3478000 | 81774 |
| \* | ClouDr Group Ltd. | 586700 | 90451 |
| #\* | CMGE Technology <br> Group Ltd.<br>| 1786000 | 90821 |
|  | CMST Development <br> Co. Ltd., Class A<br>| 235800 | 197209 |
|  | CNSIG Inner Mongolia <br> Chemical Industry <br> Co. Ltd., Class A<br>| 143900 | 160452 |
| \* | COFCO <br> Biotechnology Co. <br> Ltd., Class A<br>| 86700 | 72298 |
| #\* | COFCO Joycome <br> Foods Ltd.<br>| 7089000 | 1512290 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Cofoe Medical <br> Technology Co. <br> Ltd., Class A<br>| 38920 | $238966 |
|  | Comba Telecom <br> Systems Holdings <br> Ltd.<br>| 2834001 | 1069360 |
|  | Concord New Energy <br> Group Ltd.<br>| 25104964 | 1244175 |
|  | Consun <br> Pharmaceutical <br> Group Ltd.<br>| 2208000 | 4271006 |
|  | Contec Medical <br> Systems Co. Ltd., <br> Class A<br>| 16700 | 38585 |
|  | Continental Aerospace <br> Technologies <br> Holding Ltd.<br>| 3453722 | 59343 |
| \* | Coolpad Group Ltd. | 360000 | 50438 |
|  | COSCO SHIPPING <br> Development Co. <br> Ltd., Class H<br>| 9979000 | 1488605 |
| # | COSCO SHIPPING <br> Energy <br> Transportation Co. <br> Ltd., Class H<br>| 2226000 | 3147199 |
|  | COSCO SHIPPING <br> International Hong <br> Kong Co. Ltd.<br>| 3373000 | 2600846 |
|  | COSCO SHIPPING <br> Ports Ltd.<br>| 3181854 | 2345697 |
|  | COSCO SHIPPING <br> Technology Co. <br> Ltd., Class A<br>| 60700 | 149866 |
|  | Cosonic Intelligent <br> Technologies Co. <br> Ltd., Class A<br>| 39700 | 92594 |
|  | CQ Pharmaceutical <br> Holding Co. Ltd., <br> Class A<br>| 375000 | 283080 |
|  | Crystal Clear <br> Electronic Material <br> Co. Ltd., Class A<br>| 206800 | 507185 |
|  | CSG Holding Co. Ltd., <br> Class A<br>| 233400 | 156077 |
| \* | CSG Smart <br> Science&Technology <br> Co. Ltd., Class A<br>| 149500 | 263820 |
|  | CSPC Pharmaceutical <br> Group Ltd.<br>| 11084000 | 10917655 |
|  | CSSC Hong Kong <br> Shipping Co. Ltd.<br>| 3516000 | 940347 |

---

994

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | CTS International <br> Logistics Corp. Ltd., <br> Class A<br>| 195520 | $169637 |
| \* | Cutia Therapeutics, <br> Class H<br>| 166800 | 162812 |
| \* | CWT International <br> Ltd.<br>| 3300000 | 104162 |
| \* | Cybrid Technologies, <br> Inc., Class A<br>| 53700 | 88141 |
|  | Dalian Huarui Heavy <br> Industry Group Co. <br> Ltd., Class A<br>| 405200 | 366810 |
| #\* | Dalipal Holdings Ltd. | 1198000 | 999186 |
| #\* | Damai Entertainment <br> Holdings Ltd.<br>| 29720000 | 3515379 |
|  | Dashang Co. Ltd., <br> Class A<br>| 69314 | 171484 |
| # | Datang International <br> Power Generation <br> Co. Ltd., Class H<br>| 8940000 | 2748190 |
| \* | Datang Telecom <br> Technology Co. <br> Ltd., Class A<br>| 250500 | 289338 |
|  | Dawnrays <br> Pharmaceutical <br> Holdings Ltd.<br>| 2567886 | 397202 |
| \* | DBAPP Security Ltd., <br> Class A<br>| 9871 | 79478 |
|  | DeHua TB New <br> Decoration <br> Materials Co. Ltd., <br> Class A<br>| 166016 | 294580 |
| \* | Dezhan Healthcare <br> Co. Ltd., Class A<br>| 421300 | 259340 |
| # | Digital China Holdings <br> Ltd.<br>| 1497500 | 577830 |
| \* | Digital China <br> Information Service <br> Group Co. Ltd., <br> Class A<br>| 79900 | 213282 |
| \* | Dingdang Health <br> Technology Group <br> Ltd.<br>| 469500 | 68113 |
|  | Dongfang Electric <br> Corp. Ltd., Class H<br>| 737800 | 1800225 |
|  | Dongfeng Electronic <br> Technology Co. <br> Ltd., Class A<br>| 58500 | 102915 |
| \* | Dongfeng Motor <br> Group Co. Ltd., <br> Class H<br>| 5454000 | 6597824 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Dongguan Aohai <br> Technology Co. <br> Ltd., Class A<br>| 56200 | $372435 |
|  | Dongguan Dingtong <br> Precision Metal Co. <br> Ltd., Class A<br>| 26706 | 351815 |
|  | Dongguan Eontec Co. <br> Ltd., Class A<br>| 79300 | 200347 |
|  | Dongguan Yutong <br> Optical Technology <br> Co. Ltd., Class A<br>| 7400 | 32049 |
|  | Donghua Testing <br> Technology Co. <br> Ltd., Class A<br>| 11200 | 84957 |
| \* | Dongjiang <br> Environmental Co. <br> Ltd., Class H<br>| 607800 | 195122 |
|  | Dongyue Group Ltd. | 4984000 | 6412291 |
| # | DouYu International <br> Holdings Ltd., ADR<br>| 29259 | 201007 |
| \* | DPC Dash Ltd. | 117400 | 1332313 |
|  | Dynagreen <br> Environmental <br> Protection Group <br> Co. Ltd., Class H<br>| 822000 | 576819 |
|  | Eaglerise Electric & <br> Electronic China <br> Co. Ltd., Class A<br>| 74400 | 267689 |
| #\*Ω | East Buy Holding Ltd. | 305000 | 859441 |
|  | Eastcompeace <br> Technology Co. <br> Ltd., Class A<br>| 96200 | 327381 |
|  | E-Commodities <br> Holdings Ltd.<br>| 2988000 | 319106 |
|  | Edan Instruments, <br> Inc., Class A<br>| 108600 | 211543 |
|  | Edifier Technology Co. <br> Ltd., Class A<br>| 133699 | 240937 |
|  | Edvantage Group <br> Holdings Ltd.<br>| 337516 | 60852 |
|  | EEKA Fashion <br> Holdings Ltd.<br>| 318000 | 320913 |
| \* | EFORT Intelligent <br> Robot Co. Ltd.<br>| 19973 | 63826 |
| \*†† | Elion Energy Co. Ltd., <br> Class A<br>| 780761 | 7683 |
|  | EmbedWay <br> Technologies <br> Shanghai Corp., <br> Class A<br>| 63000 | 253522 |
|  | ENN Energy Holdings <br> Ltd.<br>| 264000 | 2300303 |
|  | Era Co. Ltd., Class A | 257400 | 154165 |

---

995

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Essex Bio-technology <br> Ltd.<br>| 687000 | $380793 |
|  | Eternal Asia Supply <br> Chain Management <br> Ltd., Class A<br>| 286500 | 204977 |
|  | EVA Precision <br> Industrial Holdings <br> Ltd.<br>| 1798435 | 275528 |
|  | Ever Sunshine <br> Services Group <br> Ltd.<br>| 1154000 | 259301 |
| #Ω | Everbright Securities <br> Co. Ltd., Class H<br>| 321200 | 403340 |
| \*Ω | Everest Medicines <br> Ltd.<br>| 313500 | 1977339 |
|  | Eyebright Medical <br> Technology Beijing <br> Co. Ltd., Class A<br>| 13220 | 120532 |
|  | Fangda Special Steel <br> Technology Co. <br> Ltd., Class A<br>| 254100 | 211513 |
|  | Far East Horizon Ltd. | 5369000 | 4819718 |
| \* | Far East Smarter <br> Energy Co. Ltd., <br> Class A<br>| 84000 | 92058 |
|  | FAWER Automotive <br> Parts Co. Ltd., <br> Class A<br>| 333000 | 262985 |
|  | Feilong Auto <br> Components Co. <br> Ltd., Class A<br>| 105300 | 333145 |
| \*Ω | Feiyu Technology <br> International Co. <br> Ltd.<br>| 1179000 | 107458 |
|  | Fengzhushou Co. <br> Ltd., Class A<br>| 18100 | 88724 |
|  | FESCO Group Co. <br> Ltd., Class A<br>| 48000 | 127854 |
| \* | FIH Mobile Ltd. | 894700 | 2135590 |
| \* | Financial Street <br> Holdings Co. Ltd., <br> Class A<br>| 732800 | 311165 |
| # | FinVolution Group, <br> ADR<br>| 308854 | 1887098 |
|  | First Tractor Co. Ltd., <br> Class H<br>| 1071176 | 1077724 |
| # | Flat Glass Group Co. <br> Ltd., Class H<br>| 431000 | 677670 |
|  | Focus Lightings Tech <br> Co. Ltd., Class A<br>| 180960 | 229432 |
|  | Focused Photonics <br> Hangzhou, Inc., <br> Class A<br>| 72100 | 168293 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Foshan Electrical & <br> Lighting Co. Ltd., <br> Class A<br>| 223300 | $197742 |
|  | Foshan Nationstar <br> Optoelectronics Co. <br> Ltd., Class A<br>| 63500 | 77960 |
|  | Fosun International <br> Ltd.<br>| 5664500 | 3593205 |
|  | Friend Co. Ltd., <br> Class A<br>| 50500 | 101767 |
| # | Fu Shou Yuan <br> International Group <br> Ltd.<br>| 1384000 | 523557 |
| # | Fufeng Group Ltd. | 6291600 | 6512702 |
| #\*†† | Fuguiniao Co. Ltd. | 1930000 | 0 |
|  | Fujian Apex Software <br> Co. Ltd., Class A<br>| 35100 | 195550 |
|  | Fujian Boss Software <br> Development Co. <br> Ltd., Class A<br>| 59800 | 114547 |
|  | Fujian Fuxin Software <br> Development JSC <br> Ltd., Class A<br>| 4194 | 63333 |
| \* | Fujian Kuncai Material <br> Technology Co. <br> Ltd., Class A<br>| 62800 | 162899 |
| \* | Fujian Snowman <br> Group Co. Ltd., <br> Class A<br>| 13900 | 21596 |
|  | Fujian Tianma <br> Science & <br> Technology Group <br> Co. Ltd., Class A<br>| 60200 | 120523 |
|  | Fujian Yongfu Power <br> Engineering Co. <br> Ltd., Class A<br>| 7800 | 30563 |
|  | Fujian Yuanli Active <br> Carbon Co. Ltd., <br> Class A<br>| 44900 | 104404 |
|  | Fushun Special Steel <br> Co. Ltd., Class A<br>| 183000 | 134787 |
| \* | Future Machine Ltd. | 1621000 | 141500 |
| Ω | Ganfeng Lithium <br> Group Co. Ltd., <br> Class H<br>| 586000 | 3869736 |
|  | Gansu Energy <br> Chemical Co. Ltd., <br> Class A<br>| 993900 | 361823 |
| \* | Gansu Jiu Steel <br> Group Hongxing <br> Iron & Steel Co. <br> Ltd., Class A<br>| 835000 | 198432 |

---

996

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Gansu Shangfeng <br> Cement Co. Ltd., <br> Class A<br>| 64561 | $102475 |
|  | Gansu Yasheng <br> Industrial Group Co. <br> Ltd., Class A<br>| 304900 | 132885 |
|  | Gaona Aero Material <br> Co. Ltd., Class A<br>| 73800 | 171893 |
| \* | GCL New Energy <br> Holdings Ltd.<br>| 1774000 | 171062 |
| #\* | GCL Technology <br> Holdings Ltd.<br>| 39550000 | 6913716 |
| \* | GDS Holdings Ltd. <br> (9698 HK), Class A<br>| 2853200 | 12712302 |
| \* | Gemdale Properties & <br> Investment Corp. <br> Ltd.<br>| 7148000 | 161222 |
|  | GemPharmatech Co. <br> Ltd., Class A<br>| 37823 | 94815 |
| Ω | Genertec Universal <br> Medical Group Co. <br> Ltd.<br>| 2260000 | 1800236 |
| #\* | Genscript Biotech <br> Corp.<br>| 2216000 | 4599624 |
| \* | Geo-Jade Petroleum <br> Corp., Class A<br>| 408000 | 136077 |
| #Ω | Giant Biogene Holding <br> Co. Ltd.<br>| 407600 | 1953333 |
| #\* | Global New Material <br> International <br> Holdings Ltd.<br>| 1151000 | 739019 |
| Ω | Golden Throat <br> Holdings Group Co. <br> Ltd.<br>| 804000 | 355751 |
|  | Goldenmax <br> International Group <br> Ltd., Class A<br>| 66500 | 154125 |
|  | Goldwind Science & <br> Technology Co. <br> Ltd., Class H<br>| 2072400 | 3517600 |
|  | Goodbaby <br> International <br> Holdings Ltd.<br>| 1764000 | 269538 |
| \* | GoodWe Technologies <br> Co. Ltd. (688390 <br> C1), Class A<br>| 59514 | 509041 |
| # | Grand Pharmaceutical <br> Group Ltd.<br>| 3333000 | 3548384 |
| \* | Grandjoy Holdings <br> Group Co. Ltd., <br> Class A<br>| 875700 | 366002 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Greatoo Intelligent <br> Equipment, Inc., <br> Class A<br>| 379400 | $415479 |
| # | Greentown China <br> Holdings Ltd.<br>| 3298648 | 3530530 |
| #Ω | Greentown <br> Management <br> Holdings Co. Ltd.<br>| 997000 | 387633 |
|  | Greentown Service <br> Group Co. Ltd.<br>| 3014000 | 1731466 |
|  | GRG Metrology & Test <br> Group Co. Ltd., <br> Class A<br>| 45400 | 133674 |
|  | Guangdong Baolihua <br> New Energy Stock <br> Co. Ltd., Class A<br>| 215700 | 144338 |
|  | Guangdong <br> Construction <br> Engineering Group <br> Co. Ltd., Class A<br>| 203800 | 109724 |
| \* | Guangdong DFP New <br> Material Group Co. <br> Ltd.<br>| 262400 | 179720 |
|  | Guangdong Dongpeng <br> Holdings Co. Ltd., <br> Class A<br>| 171500 | 171133 |
|  | Guangdong Ellington <br> Electronics <br> Technology Co. <br> Ltd., Class A<br>| 194500 | 308280 |
| \* | Guangdong Golden <br> Dragon <br> Development, Inc., <br> Class A<br>| 97600 | 189072 |
|  | Guangdong Goworld <br> Co. Ltd., Class A<br>| 25800 | 47101 |
|  | Guangdong <br> Guangzhou Daily <br> Media Co. Ltd., <br> Class A<br>| 303300 | 450644 |
|  | Guangdong Guanhao <br> High-Tech Co. Ltd., <br> Class A<br>| 219300 | 100160 |
|  | Guangdong Hongtu <br> Technology <br> Holdings Co. Ltd., <br> Class A<br>| 108900 | 197492 |
|  | Guangdong Hoshion <br> Industrial Aluminium <br> Co. Ltd., Class A<br>| 31000 | 88674 |

---

997

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guangdong Huate <br> Gas Co. Ltd., <br> Class A<br>| 19861 | $179615 |
|  | Guangdong <br> Investment Ltd.<br>| 7462000 | 7088768 |
| \* | Guangdong Jia Yuan <br> Technology Shares <br> Co. Ltd., Class A<br>| 11090 | 66257 |
|  | Guangdong Kinlong <br> Hardware Products <br> Co. Ltd., Class A<br>| 86200 | 274921 |
|  | Guangdong Lingxiao <br> Pump Industry Co. <br> Ltd., Class A<br>| 44900 | 109917 |
| \* | Guangdong Orient <br> Zirconic Ind Sci & <br> Tech Co. Ltd., <br> Class A<br>| 15700 | 29006 |
| \* | Guangdong Shenglu <br> Telecommunication <br> Tech Co. Ltd., <br> Class A<br>| 168400 | 203852 |
|  | Guangdong Sirio <br> Pharma Co. Ltd., <br> Class A<br>| 38841 | 131035 |
|  | Guangdong South <br> New Media Co. <br> Ltd., Class A<br>| 42700 | 290164 |
|  | Guangdong Tapai <br> Group Co. Ltd., <br> Class A<br>| 198600 | 236389 |
| \* | Guangdong TCL <br> Smart Home <br> Appliances Co. Ltd.<br>| 164700 | 252220 |
|  | Guangdong Vanward <br> New Electric Co. <br> Ltd., Class A<br>| 135400 | 219913 |
|  | Guangdong Xinbao <br> Electrical <br> Appliances Holdings <br> Co. Ltd., Class A<br>| 92400 | 196472 |
| \* | Guangdong Yowant <br> Technology Group <br> Co. Ltd., Class A<br>| 141000 | 130954 |
| \* | Guangdong Zhongnan <br> Iron & Steel Co. <br> Ltd., Class A<br>| 454000 | 171214 |
| \* | Guanghui Logistics <br> Co. Ltd., Class A<br>| 67000 | 74811 |
|  | Guangshen Railway <br> Co. Ltd., Class H<br>| 3664000 | 1075304 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guangxi LiuYao <br> Group Co. Ltd., <br> Class A<br>| 78280 | $205196 |
| \* | Guangxi Wuzhou <br> Zhongheng Group <br> Co. Ltd., Class A<br>| 669900 | 263002 |
| \* | GuangYuYuan <br> Chinese Herbal <br> Medicine Co. Ltd., <br> Class A<br>| 30902 | 83176 |
| # | Guangzhou <br> Automobile Group <br> Co. Ltd., Class H<br>| 3526000 | 1478437 |
| # | Guangzhou <br> Baiyunshan <br> Pharmaceutical <br> Holdings Co. Ltd., <br> Class H<br>| 572000 | 1378923 |
|  | Guangzhou Grandbuy <br> Co. Ltd., Class A<br>| 21300 | 19302 |
|  | Guangzhou Haoyang <br> Electronic Co. Ltd., <br> Class A<br>| 20150 | 122733 |
|  | Guangzhou KDT <br> Machinery Group <br> Co. Ltd., Class A<br>| 16398 | 37779 |
|  | Guangzhou Kingmed <br> Diagnostics Group <br> Co. Ltd., Class A<br>| 43600 | 182934 |
|  | Guangzhou Lingnan <br> Group Holdings Co. <br> Ltd., Class A<br>| 120500 | 249134 |
|  | Guangzhou <br> Restaurant Group <br> Co. Ltd., Class A<br>| 68700 | 164335 |
|  | Guangzhou Sie <br> Consulting Co. Ltd., <br> Class A<br>| 77200 | 272822 |
|  | Guangzhou Wondfo <br> Biotech Co. Ltd., <br> Class A<br>| 52100 | 161545 |
|  | Guilin Layn Natural <br> Ingredients Corp., <br> Class A<br>| 130630 | 148617 |
|  | Guilin Sanjin <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 95800 | 201282 |
| \* | Guizhou Bailing Group <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 56900 | 46503 |
|  | Guizhou Gas Group <br> Corp. Ltd., Class A<br>| 140928 | 139664 |

---

998

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guizhou Panjiang <br> Refined Coal Co. <br> Ltd., Class A<br>| 244100 | $176727 |
|  | Guizhou Qianyuan <br> Power Co. Ltd., <br> Class A<br>| 69900 | 173897 |
|  | Guizhou Sanli <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 53100 | 90216 |
|  | Guizhou Tyre Co. Ltd., <br> Class A<br>| 306100 | 214679 |
|  | Guizhou Xinbang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 352600 | 189135 |
| \* | Guizhou Zhenhua <br> E-chem, Inc., <br> Class A<br>| 28314 | 59047 |
| \* | Guizhou Zhongyida <br> Co. Ltd., Class A<br>| 30600 | 48327 |
| \* | Guoguang Electric Co. <br> Ltd., Class A<br>| 108600 | 242206 |
|  | Guomai Technologies, <br> Inc., Class A<br>| 172600 | 273502 |
| # | Guoquan Food <br> Shanghai Co. Ltd., <br> Class H<br>| 1204400 | 596081 |
|  | Gushengtang <br> Holdings Ltd.<br>| 147100 | 541843 |
|  | H World Group Ltd. <br> (1179 HK)<br>| 349300 | 1354458 |
| #\*Ω | Haichang Ocean Park <br> Holdings Ltd.<br>| 6456000 | 607604 |
| #Ω | Haidilao International <br> Holding Ltd.<br>| 3772000 | 6215918 |
|  | Hailir Pesticides & <br> Chemicals Group <br> Co. Ltd., Class A<br>| 29820 | 55699 |
| \* | Hainan Haide Capital <br> Management Co. <br> Ltd., Class A<br>| 155400 | 163959 |
| \* | Hainan Haiqi <br> Transportation <br> Group Co. Ltd., <br> Class A<br>| 58100 | 230726 |
| \* | Hainan Meilan <br> International Airport <br> Co. Ltd., Class H<br>| 526000 | 711115 |
|  | Haitian International <br> Holdings Ltd.<br>| 2453000 | 6702911 |
| Ω | Haitong UniTrust <br> International <br> Leasing Co. Ltd., <br> Class H<br>| 3454000 | 359957 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Hangxiao Steel <br> Structure Co. Ltd., <br> Class A<br>| 174508 | $66493 |
|  | Hangzhou Advance <br> Gearbox Group Co. <br> Ltd., Class A<br>| 11700 | 29869 |
|  | Hangzhou Greenda <br> Electronic Materials <br> Co. Ltd., Class A<br>| 23600 | 99819 |
|  | Hangzhou Haoyue <br> Personal Care Co. <br> Ltd., Class A<br>| 41354 | 189531 |
|  | Hangzhou Huawang <br> New Material <br> Technology Co. <br> Ltd., Class A<br>| 104300 | 129132 |
|  | Hangzhou Onechance <br> Tech Corp., <br> Class A<br>| 47370 | 202841 |
| \*Ω | Hangzhou SF <br> Intra-City Industrial <br> Co. Ltd., Class H<br>| 163000 | 262270 |
|  | Hangzhou Sunrise <br> Technology Co. <br> Ltd., Class A<br>| 101300 | 221282 |
| #Ω | Hangzhou Tigermed <br> Consulting Co. Ltd. <br> (3347 HK), Class H<br>| 344000 | 2058613 |
|  | Hangzhou Weiguang <br> Electronic Co. Ltd., <br> Class A<br>| 13400 | 67426 |
|  | Hangzhou Zhongtai <br> Cryogenic <br> Technology Corp., <br> Class A<br>| 9700 | 28602 |
|  | Haosen Fintech Group <br> Ltd.<br>| 7000 | 10160 |
| \*Ω | Harbin Bank Co. Ltd., <br> Class H<br>| 1420000 | 73015 |
|  | Harbin Electric Co. <br> Ltd., Class H<br>| 2013413 | 3310631 |
|  | Harbin Electric Corp. <br> Jiamusi Electric <br> Machine Co. Ltd., <br> Class A<br>| 83900 | 152947 |
| \* | Harbin Gloria <br> Pharmaceuticals <br> Co. Ltd., Class A<br>| 277900 | 132823 |
| \* | Harbin Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 511600 | 263383 |

---

999

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | HBIS Resources Co. <br> Ltd., Class A<br>| 82100 | $216640 |
| #\*Ω | HBM Holdings Ltd. | 1203000 | 2084934 |
| # | Health & Happiness <br> H&H International <br> Holdings Ltd.<br>| 415500 | 646386 |
|  | Hefei Jianghang <br> Aircraft Equipment <br> Co. Ltd., Class A<br>| 145755 | 227603 |
|  | Hefei Urban <br> Construction <br> Development Co. <br> Ltd., Class A<br>| 161200 | 281797 |
|  | HeiLongJiang ZBD <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 60600 | 96126 |
|  | Hello Group, Inc., <br> Sponsored ADR<br>| 149753 | 1016823 |
|  | Henan Liliang <br> Diamond Co. Ltd., <br> Class A<br>| 49200 | 265798 |
|  | Henan Lingrui <br> Pharmaceutical Co., <br> Class A<br>| 50200 | 160113 |
|  | Henan Thinker <br> Automatic <br> Equipment Co. Ltd., <br> Class A<br>| 67900 | 285648 |
| \* | Henan Yicheng New <br> Energy Co. Ltd., <br> Class A<br>| 382000 | 283289 |
|  | Henan Yuguang Gold <br> & Lead Co. Ltd., <br> Class A<br>| 226100 | 389631 |
| \* | Henan Yuneng <br> Holdings Co. Ltd., <br> Class A<br>| 203900 | 172821 |
|  | Hengan International <br> Group Co. Ltd.<br>| 926500 | 3244868 |
|  | Hengbao Co. Ltd., <br> Class A<br>| 21900 | 67296 |
|  | Hengtong Logistics <br> Co. Ltd., Class A<br>| 85200 | 118733 |
|  | Hexing Electrical Co. <br> Ltd., Class A<br>| 87600 | 416065 |
| \* | HG Semiconductor <br> Ltd.<br>| 740000 | 46907 |
|  | HG Technologies Co. <br> Ltd., Class A<br>| 25450 | 63705 |
| \* | Hi Sun Technology <br> China Ltd.<br>| 1845000 | 140213 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Hiconics Eco-energy <br> Technology Co. <br> Ltd., Class A<br>| 78500 | $65838 |
|  | Hisense Home <br> Appliances Group <br> Co. Ltd., Class H<br>| 1365000 | 4026285 |
|  | Hitevision Co. Ltd., <br> Class A<br>| 39400 | 165653 |
|  | HitGen, Inc., Class A | 19137 | 67882 |
| \* | HNA Technology Co. <br> Ltd., Class A<br>| 393400 | 242566 |
|  | Hongli Zhihui Group <br> Co. Ltd., Class A<br>| 79400 | 82746 |
| \* | Hongmian Zhihui <br> Science & <br> Technology <br> Innovation Co. Ltd. <br> Guangzhou<br>| 244880 | 110868 |
| \* | Hongyuan Green <br> Energy Co. Ltd., <br> Class A<br>| 21100 | 87456 |
| #\* | Hopson Development <br> Holdings Ltd.<br>| 4531026 | 1838062 |
|  | Horizon Construction <br> Development Ltd.<br>| 2430591 | 350055 |
|  | Hoymiles Power <br> Electronics, Inc., <br> Class A<br>| 8768 | 131985 |
| \*Ω | Hua Hong <br> Semiconductor Ltd., <br> Class H<br>| 1981000 | 20305621 |
|  | Huabao International <br> Holdings Ltd.<br>| 664000 | 307734 |
| \* | Huachangda <br> Intelligent <br> Equipment Group <br> Co. Ltd., Class A<br>| 118300 | 92269 |
|  | Huadian Heavy <br> Industries Co. Ltd., <br> Class A<br>| 189000 | 197183 |
|  | Huadian Power <br> International Corp. <br> Ltd., Class H<br>| 3826000 | 2255419 |
|  | Huafon Microfibre <br> Shanghai <br> Technology Co. <br> Ltd., Class A<br>| 161300 | 161819 |
|  | Huafu Fashion Co. <br> Ltd., Class A<br>| 318552 | 214114 |
| \* | Huaihe Energy Group <br> Co. Ltd., Class A<br>| 370300 | 194254 |

---

1000

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Huakai Yibai <br> Technology Co. <br> Ltd., Class A<br>| 23900 | $36457 |
|  | Huangshan Novel Co. <br> Ltd., Class A<br>| 101840 | 164015 |
|  | Huangshan Tourism <br> Development Co. <br> Ltd., Class A<br>| 89300 | 141963 |
|  | Huapont Life Sciences <br> Co. Ltd., Class A<br>| 185400 | 127487 |
|  | Huatu Cendes Co. <br> Ltd., Class A<br>| 48260 | 455470 |
| # | Huaxin Cement Co. <br> Ltd. (6655 HK), <br> Class H<br>| 643900 | 1445846 |
| \* | Hubei Broadcasting & <br> Television <br> Information Network <br> Co. Ltd., Class A<br>| 297100 | 251976 |
|  | Hubei Chutian Smart <br> Communication Co. <br> Ltd., Class A<br>| 303300 | 173483 |
|  | Hubei Huitian New <br> Materials Co. Ltd., <br> Class A<br>| 37400 | 66177 |
|  | Hubei Zhenhua <br> Chemical Co. Ltd., <br> Class A<br>| 138180 | 470232 |
|  | Hui Lyu Ecological <br> Technology Groups <br> Co. Ltd., Class A<br>| 73200 | 190753 |
| \* | Huizhou CEE <br> Technology, Inc., <br> Class A<br>| 30800 | 51325 |
|  | Hunan Aihua Group <br> Co. Ltd., Class A<br>| 21987 | 53273 |
| \* | Hunan Corun New <br> Energy Co. Ltd., <br> Class A<br>| 142100 | 150164 |
| \* | Hunan Er-Kang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 432800 | 219678 |
|  | Hunan Friendship & <br> Apollo Commercial <br> Co. Ltd., Class A<br>| 266380 | 248350 |
|  | Hunan Jiudian <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 92800 | 216190 |
| \* | Hunan Kaimeite <br> Gases Co. Ltd., <br> Class A<br>| 63400 | 243387 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Hunan New Wellful <br> Co. Ltd., Class A<br>| 157200 | $138785 |
| \* | Hunan Silver Co. Ltd., <br> Class A<br>| 372800 | 337857 |
|  | Hunan TV & <br> Broadcast <br> Intermediary Co. <br> Ltd., Class A<br>| 342000 | 427472 |
|  | Hunan Zhongke <br> Electric Co. Ltd., <br> Class A<br>| 19000 | 69098 |
| #\* | HUTCHMED China <br> Ltd., ADR<br>| 3324 | 48796 |
| #\* | HUTCHMED China <br> Ltd.<br>| 871500 | 2607405 |
|  | HUYA, Inc., ADR | 181992 | 500478 |
| #\*Ω | Hygeia Healthcare <br> Holdings Co. Ltd.<br>| 711600 | 1195579 |
| \* | Hymson Laser <br> Technology Group <br> Co. Ltd., Class A<br>| 45909 | 277826 |
| \* | HyUnion Holding Co. <br> Ltd., Class A<br>| 244800 | 308049 |
| \* | IAT Automobile <br> Technology Co. <br> Ltd., Class A<br>| 76200 | 122572 |
| \*Ω | iDreamSky <br> Technology <br> Holdings Ltd.<br>| 1442000 | 155646 |
| \*Ω | Ingdan, Inc. | 89000 | 32259 |
| \* | Inkeverse Group Ltd. | 1024000 | 137829 |
| \* | INKON Life <br> Technology Co. <br> Ltd., Class A<br>| 109700 | 164260 |
|  | Inmyshow Digital <br> Technology Group <br> Co. Ltd., Class A<br>| 341900 | 298788 |
| \* | Inner Mongolia Furui <br> Medical Science <br> Co. Ltd., Class A<br>| 6800 | 69708 |
| \*Ω | InnoCare Pharma <br> Ltd., Class H<br>| 846000 | 1550874 |
|  | Innuovo Technology <br> Co. Ltd., Class A<br>| 23000 | 34326 |
| \* | Insigma Technology <br> Co. Ltd., Class A<br>| 171400 | 257482 |
|  | Inspur Digital <br> Enterprise <br> Technology Ltd.<br>| 1410000 | 1426640 |
|  | Intron Technology <br> Holdings Ltd.<br>| 222000 | 59121 |
| #\* | iQIYI, Inc., ADR | 729179 | 1684403 |

---

1001

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | IReader Technology <br> Co. Ltd., Class A<br>| 87800 | $256520 |
| \* | IVD Medical Holding <br> Ltd.<br>| 126000 | 113347 |
| \* | J&T Global Express <br> Ltd.<br>| 4321800 | 5545405 |
|  | Jack Technology Co. <br> Ltd., Class A<br>| 5700 | 35539 |
|  | Jade Bird Fire Co. <br> Ltd., Class A<br>| 165360 | 260255 |
|  | Jangho Group Co. <br> Ltd., Class A<br>| 203600 | 221851 |
| \* | JC Finance & Tax <br> Interconnect <br> Holdings Ltd., <br> Class A<br>| 149600 | 237127 |
| \*Ω | JD Logistics, Inc. | 2119400 | 3455051 |
| \*Ω | Jenscare Scientific <br> Co. Ltd., Class H<br>| 118200 | 182707 |
|  | JF SmartInvest <br> Holdings Ltd.<br>| 250000 | 1780798 |
|  | Jia Yao Holdings Ltd. | 118000 | 44074 |
|  | Jiajiayue Group Co. <br> Ltd., Class A<br>| 62000 | 93731 |
|  | Jiang Su Suyan <br> Jingshen Co. Ltd., <br> Class A<br>| 150100 | 227004 |
|  | Jiangsu Asia-Pacific <br> Light Alloy <br> Technology Co. <br> Ltd., Class A<br>| 227700 | 213181 |
|  | Jiangsu Bojun <br> Industrial <br> Technology Co. <br> Ltd., Class A<br>| 61600 | 306998 |
|  | Jiangsu Boqian New <br> Materials Stock Co. <br> Ltd., Class A<br>| 22600 | 172135 |
|  | Jiangsu Changbao <br> Steeltube Co. Ltd., <br> Class A<br>| 60000 | 55013 |
|  | Jiangsu Changshu <br> Automotive Trim <br> Group Co. Ltd., <br> Class A<br>| 53600 | 129100 |
| \* | Jiangsu Dagang Co. <br> Ltd., Class A<br>| 88600 | 211898 |
|  | Jiangsu Dingsheng <br> New Energy <br> Materials Co. Ltd., <br> Class A<br>| 185300 | 333363 |
|  | Jiangsu Etern Co. <br> Ltd., Class A<br>| 242600 | 509101 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Jiangsu General <br> Science Technology <br> Co. Ltd., Class A<br>| 298800 | $186482 |
|  | Jiangsu Gian <br> Technology Co. <br> Ltd., Class A<br>| 35200 | 237315 |
|  | Jiangsu Guomao <br> Reducer Co. Ltd., <br> Class A<br>| 63600 | 146062 |
|  | Jiangsu Guotai <br> International Group <br> Co. Ltd., Class A<br>| 183100 | 240404 |
|  | Jiangsu Hengshun <br> Vinegar Industry <br> Co. Ltd., Class A<br>| 182200 | 208462 |
|  | Jiangsu Hongdou <br> Industrial Co. Ltd., <br> Class A<br>| 376500 | 137416 |
|  | Jiangsu Hongtian <br> Technology Co. <br> Ltd., Class A<br>| 19400 | 143003 |
|  | Jiangsu Huachang <br> Chemical Co. Ltd., <br> Class A<br>| 177400 | 156071 |
|  | Jiangsu Jibeier <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 16664 | 82498 |
| \* | Jiangsu Kanion <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 111340 | 234047 |
|  | Jiangsu Lianyungang <br> Port Co. Ltd., <br> Class A<br>| 70800 | 57180 |
|  | Jiangsu Linyang <br> Energy Co. Ltd., <br> Class A<br>| 257200 | 211200 |
| \* | Jiangsu Lopal Tech <br> Group Co. Ltd., <br> Class A<br>| 83200 | 208756 |
|  | Jiangsu Olive Sensors <br> High-Tech Co. Ltd., <br> Class A<br>| 104600 | 138030 |
|  | Jiangsu Pacific <br> Precision Forging <br> Co. Ltd., Class A<br>| 67000 | 130308 |
|  | Jiangsu Provincial <br> Agricultural <br> Reclamation & <br> Development Corp., <br> Class A<br>| 149200 | 195089 |

---

1002

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangsu Rainbow <br> Heavy Industries <br> Co. Ltd., Class A<br>| 36900 | $34810 |
| \* | Jiangsu Sanfame <br> Polyester Material <br> Co. Ltd., Class A<br>| 466700 | 147750 |
|  | Jiangsu Shentong <br> Valve Co. Ltd., <br> Class A<br>| 86100 | 168431 |
|  | Jiangsu Shuangxing <br> Color Plastic New <br> Materials Co. Ltd., <br> Class A<br>| 76000 | 58136 |
|  | Jiangsu Sidike New <br> Material Science & <br> Technology Co. Ltd. <br> (300806 C2), <br> Class A<br>| 76873 | 292138 |
|  | Jiangsu Sidike New <br> Material Science & <br> Technology Co. Ltd. <br> (300806 CH), <br> Class A<br>| 14784 | 56183 |
|  | Jiangsu Soho High <br> Hope Group Corp., <br> Class A<br>| 428400 | 171058 |
| \* | Jiangsu Sopo <br> Chemical Co., <br> Class A<br>| 92401 | 94138 |
|  | Jiangsu Suzhou Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 262221 | 190962 |
|  | Jiangsu ToLand Alloy <br> Co. Ltd., Class A<br>| 44900 | 172911 |
|  | Jiangsu Tongrun <br> Equipment <br> Technology Co. <br> Ltd., Class A<br>| 39000 | 110482 |
| \* | Jiangsu Transimage <br> Technology Co. <br> Ltd., Class A<br>| 15300 | 40089 |
| \* | Jiangsu Yinhe <br> Electronics Co. Ltd., <br> Class A<br>| 161700 | 105210 |
|  | Jiangsu Zijin Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 143900 | 57214 |
| \* | Jiangsu Zongyi Co. <br> Ltd., Class A<br>| 130900 | 101553 |
|  | Jiangxi Bank Co. Ltd., <br> Class H<br>| 1112500 | 98773 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Jiangxi Black Cat <br> Carbon Black Co. <br> Ltd., Class A<br>| 115900 | $162465 |
|  | Jiangxi Copper Co. <br> Ltd., Class H<br>| 1731000 | 7222493 |
| \* | Jiangxi Fushine <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 95400 | 139743 |
|  | Jiangxi Ganneng Co. <br> Ltd., Class A<br>| 161100 | 242735 |
|  | Jiangxi Ganyue <br> Expressway Co. <br> Ltd., Class A<br>| 264600 | 198964 |
|  | Jiangxi Guotai Group <br> Co. Ltd., Class A<br>| 121900 | 222005 |
|  | Jiangxi <br> Huangshanghuang <br> Group Food Co. <br> Ltd., Class A<br>| 56200 | 100449 |
|  | Jiangxi Xinyu Guoke <br> Technology Co. <br> Ltd., Class A<br>| 46460 | 207623 |
|  | Jiangyin Haida <br> Rubber & Plastic <br> Co. Ltd., Class A<br>| 65300 | 91755 |
| \* | Jiangyin Hengrun <br> Heavy Industries <br> Co. Ltd., Class A<br>| 60300 | 138194 |
|  | Jiangyin Jianghua <br> Microelectronics <br> Materials Co. Ltd., <br> Class A<br>| 63900 | 167017 |
| \* | Jiangyin Zhongnan <br> Heavy Industries <br> Co. Ltd., Class A<br>| 243200 | 87222 |
|  | Jianmin <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 50200 | 278166 |
|  | Jiaozuo Wanfang <br> Aluminum <br> Manufacturing Co. <br> Ltd., Class A<br>| 223334 | 322338 |
|  | Jiayin Group, Inc., <br> ADR<br>| 6626 | 62616 |
| \* | Jilin Chemical Fibre, <br> Class A<br>| 494202 | 283657 |
|  | Jilin OLED Material <br> Tech Co. Ltd., <br> Class A<br>| 17858 | 72802 |
| \* | Jilin Quanyangquan <br> Co. Ltd., Class A<br>| 90200 | 90278 |

---

1003

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| #\*†† | Jinchuan Group <br> International <br> Resources Co. Ltd.<br>| 7638000 | $235906 |
|  | Jinghua <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 144900 | 152746 |
|  | Jingjin Equipment, <br> Inc., Class A<br>| 141400 | 303157 |
|  | Jinhong Gas Co. Ltd., <br> Class A<br>| 61973 | 176642 |
|  | Jinhui Liquor Co. Ltd., <br> Class A<br>| 53400 | 149276 |
| \* | Jinke Smart Services <br> Group Co. Ltd., <br> Class H<br>| 365200 | 322876 |
| # | JinkoSolar Holding <br> Co. Ltd., ADR<br>| 141757 | 3559518 |
|  | Jinlei Technology Co. <br> Ltd., Class A<br>| 66900 | 275607 |
|  | Jinlongyu Group Co. <br> Ltd., Class A<br>| 83200 | 361908 |
|  | Jinmao Property <br> Services Co. Ltd.<br>| 302279 | 108716 |
| \* | Jinneng Holding <br> Shanxi Electric <br> Power Co. Ltd., <br> Class A<br>| 538000 | 223865 |
|  | Jinneng <br> Science&Technology <br> Co. Ltd., Class A<br>| 38200 | 33707 |
| #\*Ω | Jinxin Fertility Group <br> Ltd.<br>| 5485500 | 1735208 |
|  | Jinyu Bio-Technology <br> Co. Ltd., Class A<br>| 212400 | 321959 |
|  | Jinzai Food Group Co. <br> Ltd., Class A<br>| 76700 | 129017 |
| #Ω | Jiumaojiu International <br> Holdings Ltd.<br>| 481000 | 109548 |
|  | Jiuzhitang Co. Ltd., <br> Class A<br>| 38800 | 54576 |
| # | JL Mag Rare-Earth <br> Co. Ltd. (6680 HK), <br> Class H<br>| 224800 | 662974 |
|  | JNBY Design Ltd. | 642000 | 1489149 |
| Ω | Joinn Laboratories <br> China Co. Ltd., <br> Class H<br>| 131800 | 363991 |
| \* | Jolywood Suzhou <br> Sunwatt Co. Ltd., <br> Class A<br>| 201100 | 171879 |
|  | Jones Tech PLC, <br> Class A<br>| 24760 | 160484 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Joy City Property Ltd. | 1744000 | $132430 |
|  | Joyoung Co. Ltd., <br> Class A<br>| 34900 | 47201 |
|  | JS Corrugating <br> Machinery Co. Ltd., <br> Class A<br>| 95000 | 167045 |
| \*Ω | JS Global Lifestyle <br> Co. Ltd.<br>| 1527000 | 349888 |
|  | JSTI Group, Class A | 138900 | 164420 |
| \* | Ju Teng International <br> Holdings Ltd.<br>| 2010000 | 468169 |
|  | Juewei Food Co. Ltd., <br> Class A<br>| 64600 | 124015 |
|  | Jutal Offshore Oil <br> Services Ltd.<br>| 38000 | 2788 |
|  | Jutze Intelligent <br> Technology Co. <br> Ltd., Class A<br>| 24100 | 71046 |
| \*Ω | JW Cayman <br> Therapeutics Co. <br> Ltd.<br>| 172000 | 77203 |
| \* | JY Grandmark <br> Holdings Ltd.<br>| 129000 | 3006 |
|  | Kailuan Energy <br> Chemical Co. Ltd., <br> Class A<br>| 124500 | 114274 |
|  | Kaishan Group Co. <br> Ltd., Class A<br>| 111200 | 250674 |
|  | Kangji Medical <br> Holdings Ltd.<br>| 1000000 | 1158067 |
|  | Kanzhun Ltd. | 33700 | 371992 |
|  | KEDE Numerical <br> Control Co. Ltd., <br> Class A<br>| 25689 | 230972 |
| \* | Keep, Inc. | 315900 | 188792 |
|  | Keli Motor Group Co. <br> Ltd., Class A<br>| 142800 | 278366 |
|  | Keli Sensing <br> Technology Ningbo <br> Co. Ltd., Class A<br>| 50300 | 482499 |
|  | Kinco Automation <br> Shanghai Co. Ltd., <br> Class A<br>| 4929 | 71309 |
| # | Kinetic Development <br> Group Ltd.<br>| 4630000 | 870159 |
|  | Kingboard Holdings <br> Ltd.<br>| 2266421 | 8120200 |
| # | Kingboard Laminates <br> Holdings Ltd.<br>| 3720000 | 6228079 |
| \* | Kingdee International <br> Software Group Co. <br> Ltd.<br>| 2539000 | 4790190 |

---

1004

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Kingsignal Technology <br> Co. Ltd., Class A<br>| 13600 | $25113 |
|  | Kingsoft Corp. Ltd. | 2467600 | 10756598 |
| \*Ω | Kintor Pharmaceutical <br> Ltd.<br>| 341500 | 82402 |
|  | KPC Pharmaceuticals, <br> Inc., Class A<br>| 81700 | 156288 |
|  | Kuaijishan Shaoxing <br> Wine Co. Ltd., <br> Class A<br>| 75100 | 234042 |
|  | Kuangda Technology <br> Group Co. Ltd., <br> Class A<br>| 287400 | 250518 |
|  | Kunlun Energy Co. <br> Ltd.<br>| 5550000 | 5101480 |
|  | Kunshan Dongwei <br> Technology Co. <br> Ltd., Class A<br>| 57248 | 306446 |
|  | Kunshan Kinglai <br> Hygienic Materials <br> Co. Ltd., Class A<br>| 48920 | 421489 |
| \* | Kunwu Jiuding <br> Investment Holdings <br> Co. Ltd., Class A<br>| 47700 | 126155 |
| \* | Kyland Technology <br> Co. Ltd., Class A<br>| 104600 | 356882 |
|  | Lancy Co. Ltd., <br> Class A<br>| 87800 | 242992 |
|  | Landai Technology <br> Group Corp. Ltd., <br> Class A<br>| 85300 | 165312 |
| \* | Lanzhou LS Heavy <br> Equipment Co. Ltd., <br> Class A<br>| 225600 | 276199 |
|  | Laobaixing Pharmacy <br> Chain JSC, <br> Class A<br>| 74500 | 173805 |
|  | Launch Tech Co. Ltd., <br> Class H<br>| 293000 | 331432 |
|  | Lee & Man Chemical <br> Co. Ltd.<br>| 528785 | 320675 |
|  | Lee & Man Paper <br> Manufacturing Ltd.<br>| 886000 | 313161 |
| \*Ω | Legend Holdings <br> Corp., Class H<br>| 1504100 | 1944123 |
|  | Leoch International <br> Technology Ltd.<br>| 143000 | 26317 |
|  | LEPU ScienTech <br> Medical Technology <br> Shanghai Co. Ltd., <br> Class H<br>| 6000 | 14484 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Leshan Giantstar <br> Farming & <br> Husbandry Corp. <br> Ltd., Class A<br>| 68400 | $176501 |
|  | Li Ning Co. Ltd. | 6053000 | 13160529 |
|  | Lianhe Chemical <br> Technology Co. <br> Ltd., Class A<br>| 81400 | 135370 |
|  | Liaoning Energy <br> Industry Co. Ltd., <br> Class A<br>| 88000 | 50579 |
| # | Liaoning Port Co. Ltd., <br> Class H<br>| 968000 | 113303 |
|  | Lier Chemical Co. <br> Ltd., Class A<br>| 149980 | 267478 |
| #\* | Lifetech Scientific <br> Corp.<br>| 8522000 | 2206378 |
|  | Lijiang Yulong Tourism <br> Co. Ltd., Class A<br>| 129100 | 158269 |
| \* | Linewell Software Co. <br> Ltd., Class A<br>| 46700 | 79912 |
|  | Lingbao Gold Group <br> Co. Ltd., Class H<br>| 870000 | 1821180 |
| #Ω | Linklogis, Inc., <br> Class B<br>| 2001500 | 822908 |
| \* | Liuzhou Iron & Steel <br> Co. Ltd., Class A<br>| 283680 | 215451 |
|  | Livzon Pharmaceutical <br> Group, Inc., <br> Class H<br>| 641903 | 2581595 |
| #Ω | Longfor Group <br> Holdings Ltd.<br>| 5339614 | 6595667 |
|  | Longhua Technology <br> Group Luoyang Co. <br> Ltd., Class A<br>| 189100 | 223719 |
|  | Lonking Holdings Ltd. | 5962000 | 2376509 |
|  | Lontium <br> Semiconductor <br> Corp., Class A<br>| 21565 | 213096 |
| \* | Lotus Holdings Co. <br> Ltd.<br>| 164799 | 132785 |
|  | Lucky Harvest Co. <br> Ltd., Class A<br>| 34190 | 193753 |
|  | Luoniushan Co. Ltd., <br> Class A<br>| 23628 | 24373 |
|  | Lushang Freda <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 205700 | 225039 |
|  | Luxin Venture Capital <br> Group Co. Ltd., <br> Class A<br>| 140600 | 289099 |
|  | Luyang Energy-Saving <br> Materials Co. Ltd.<br>| 94900 | 158249 |

---

1005

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \*Ω | Luye Pharma Group <br> Ltd.<br>| 3227500 | $1307616 |
|  | Lygend Resources & <br> Technology Co. <br> Ltd.-H, Class H<br>| 160800 | 491584 |
| \* | Maanshan Iron & <br> Steel Co. Ltd., <br> Class H<br>| 3650048 | 1198198 |
|  | Maccura <br> Biotechnology Co. <br> Ltd., Class A<br>| 106861 | 175731 |
| \* | Malion New Materials <br> Co. Ltd., Class A<br>| 68600 | 106328 |
| #Ω | Maoyan <br> Entertainment<br>| 1032565 | 883111 |
| \* | Marssenger <br> Kitchenware Co. <br> Ltd., Class A<br>| 42700 | 75251 |
|  | Maxvision Technology <br> Corp., Class A<br>| 39800 | 165095 |
|  | Mayinglong <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 42200 | 167382 |
| Ω | Medlive Technology <br> Co. Ltd.<br>| 344500 | 467040 |
|  | Mehow Innovative <br> Ltd., Class A<br>| 41800 | 137925 |
|  | MeiG Smart <br> Technology Co. <br> Ltd., Class A<br>| 44800 | 286615 |
| Ω | Meitu, Inc. | 5414500 | 6013314 |
|  | Mesnac Co. Ltd., <br> Class A<br>| 196900 | 238872 |
| # | Metallurgical Corp. of <br> China Ltd., Class H<br>| 2472000 | 753282 |
|  | M-Grass Ecology & <br> Environment Group <br> Co. Ltd., Class A<br>| 384500 | 225209 |
| \*Ω | Microport Cardioflow <br> Medtech Corp.<br>| 1470000 | 225881 |
| # | MicroPort <br> NeuroScientific <br> Corp.<br>| 319224 | 484964 |
| #\* | Microport Scientific <br> Corp.<br>| 1471200 | 2295996 |
| Ω | Midea Real Estate <br> Holding Ltd.<br>| 400400 | 245828 |
|  | Milkyway Intelligent <br> Supply Chain <br> Service Group Co. <br> Ltd., Class A<br>| 28971 | 242172 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | Ming Yuan Cloud <br> Group Holdings <br> Ltd.<br>| 1252000 | $531767 |
| \* | Mingfa Group <br> International Co. <br> Ltd.<br>| 2003000 | 31420 |
|  | MINISO Group <br> Holding Ltd.<br>| 871600 | 4660168 |
| \* | Minmetals <br> Development Co. <br> Ltd., Class A<br>| 196200 | 252271 |
| \* | Minmetals Land Ltd. | 568000 | 68883 |
|  | Minth Group Ltd. | 1963000 | 8710454 |
| \* | Miracle Automation <br> Engineering Co. <br> Ltd., Class A<br>| 8000 | 20303 |
|  | Miracll Chemicals Co. <br> Ltd., Class A<br>| 43640 | 96979 |
|  | MLS Co. Ltd., <br> Class A<br>| 124700 | 152848 |
| #\* | MMG Ltd. | 11918598 | 10577188 |
| \*Ω | Mobvista, Inc. | 968000 | 2221683 |
| \* | MOG Digitech <br> Holdings Ltd.<br>| 2528000 | 128602 |
|  | Moon Environment <br> Technology Co. <br> Ltd., Class A<br>| 184080 | 367731 |
| # | Morimatsu <br> International <br> Holdings Co. Ltd.<br>| 612000 | 783506 |
|  | Motic Xiamen Electric <br> Group Co. Ltd., <br> Class A<br>| 99400 | 245607 |
| \* | Mount Everest Gold <br> Group Co. Ltd.<br>| 311000 | 73572 |
|  | MYS Group Co. Ltd., <br> Class A<br>| 131600 | 79967 |
|  | Nancal Technology <br> Co. Ltd., Class A<br>| 47100 | 309922 |
| \* | Nanfang Zhongjin <br> Environment Co. <br> Ltd., Class A<br>| 318400 | 199498 |
|  | Nanhua Futures Co. <br> Ltd., Class A<br>| 51500 | 151018 |
|  | NanJi E-Commerce <br> Co. Ltd., Class A<br>| 459800 | 228433 |
|  | Nanjing Cosmos <br> Chemical Co. Ltd., <br> Class A<br>| 62500 | 120789 |
|  | Nanjing Hanrui Cobalt <br> Co. Ltd., Class A<br>| 59300 | 413960 |

---

1006

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Nanjing <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 244800 | $174084 |
|  | Nanjing Xinjiekou <br> Department Store <br> Co. Ltd., Class A<br>| 265000 | 279537 |
|  | Nantong Jiangshan <br> Agrochemical & <br> Chemical LLC, <br> Class A<br>| 77905 | 261905 |
|  | Natural Food <br> International <br> Holding Ltd.<br>| 112000 | 16565 |
| \* | Nayuki Holdings Ltd. | 1126500 | 169642 |
|  | NetDragon Websoft <br> Holdings Ltd.<br>| 324000 | 506159 |
| \*Ω | NetEase Cloud Music, <br> Inc.<br>| 156250 | 4851737 |
|  | Neusoft Corp., <br> Class A<br>| 132700 | 196286 |
| #†† | New Horizon Health <br> Ltd.<br>| 269500 | 91908 |
| \* | New Journey Health <br> Technology Group <br> Co. Ltd., Class A<br>| 554900 | 174645 |
|  | New Trend <br> International <br> Logis-Tech Co. Ltd., <br> Class A<br>| 27200 | 48509 |
| \* | Newborn Town, Inc. | 1330000 | 1808070 |
|  | Nexteer Automotive <br> Group Ltd.<br>| 2195000 | 1902740 |
| \* | Nine Dragons Paper <br> Holdings Ltd.<br>| 3319000 | 2377335 |
| \* | Ningbo Changhong <br> Polymer Scientific & <br> Technical, Inc., <br> Class A<br>| 60200 | 159505 |
|  | Ningbo Exciton <br> Technology Co. <br> Ltd., Class A<br>| 24500 | 63591 |
|  | Ningbo Haitian <br> Precision Machinery <br> Co. Ltd., Class A<br>| 96600 | 281157 |
|  | Ningbo Jintian Copper <br> Group Co. Ltd., <br> Class A<br>| 202300 | 328959 |
|  | Ningbo Kbe Electrical <br> Technology Co. <br> Ltd., Class A<br>| 16600 | 119174 |
|  | Ningbo Peacebird <br> Fashion Co. Ltd., <br> Class A<br>| 66600 | 134063 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Ningbo Sunrise Elc <br> Technology Co. <br> Ltd., Class A<br>| 55800 | $144101 |
|  | Ningbo Yongxin Optics <br> Co. Ltd., Class A<br>| 21000 | 302472 |
|  | Ningbo Yunsheng Co. <br> Ltd., Class A<br>| 214400 | 430038 |
|  | Ningxia Building <br> Materials Group Co. <br> Ltd., Class A<br>| 84200 | 159068 |
|  | Ningxia Orient <br> Tantalum Industry <br> Co. Ltd., Class A<br>| 83800 | 365637 |
|  | Ningxia Western <br> Venture Industrial <br> Co. Ltd., Class A<br>| 265100 | 192165 |
| #\* | Niu Technologies, <br> Sponsored ADR<br>| 29128 | 122338 |
|  | NKY Medical Holdings <br> Ltd., Class A<br>| 84300 | 196599 |
|  | Noah Holdings Ltd., <br> Sponsored ADR<br>| 46328 | 523043 |
|  | North Chemical <br> Industries Co. Ltd., <br> Class A<br>| 44800 | 126752 |
|  | North China <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 138000 | 116439 |
|  | North Huajin Chemical <br> Industries Co. Ltd., <br> Class A<br>| 367800 | 262730 |
|  | Northeast <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 217203 | 169386 |
| #\* | NovaBridge <br> Biosciences, <br> Sponsored ADR<br>| 38080 | 188496 |
|  | Novoray Corp., <br> Class A<br>| 6022 | 53842 |
| \* | NSFOCUS <br> Technologies Group <br> Co. Ltd., Class A<br>| 40900 | 47664 |
| \* | Nuode New Materials <br> Co. Ltd., Class A<br>| 306700 | 305315 |
|  | NYOCOR Co. Ltd., <br> Class A<br>| 42600 | 33413 |
| #\*Ω | Ocumension <br> Therapeutics<br>| 467000 | 500371 |
| # | Onewo, Inc., Class H | 536700 | 1541961 |
|  | Opple Lighting Co. <br> Ltd., Class A<br>| 26100 | 63824 |

---

1007

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | OPT Machine Vision <br> Tech Co. Ltd., <br> Class A<br>| 12615 | $225794 |
|  | Orient International <br> Enterprise Ltd., <br> Class A<br>| 167900 | 197345 |
| # | Orient Overseas <br> International Ltd.<br>| 82500 | 1427739 |
| \* | Oriental Energy Co. <br> Ltd., Class A<br>| 175800 | 203256 |
| #\* | OSL Group Ltd. | 506000 | 1145349 |
| \* | PCI Technology Group <br> Co. Ltd., Class A<br>| 174500 | 168396 |
| \*Ω | Peijia Medical Ltd. | 848000 | 656478 |
| \*†† | Pengdu Agriculture & <br> Animal Husbandry <br> Co. Ltd., Class A<br>| 1346100 | 0 |
| \* | Pengxin International <br> Mining Co. Ltd., <br> Class A<br>| 328300 | 378029 |
| # | Persistence <br> Resources Group <br> Ltd.<br>| 1240000 | 224455 |
|  | PharmaBlock <br> Sciences Nanjing, <br> Inc., Class A<br>| 33400 | 200586 |
| #Ω | Pharmaron Beijing Co. <br> Ltd., Class H<br>| 754500 | 2519185 |
| \* | Phenix Optical Co. <br> Ltd., Class A<br>| 25200 | 77180 |
|  | PhiChem Corp., <br> Class A<br>| 111226 | 366702 |
| #Ω | Ping An Healthcare & <br> Technology Co. <br> Ltd.<br>| 4285358 | 7581372 |
|  | PNC Process <br> Systems Co. Ltd., <br> Class A<br>| 59680 | 260694 |
| # | Poly Property Group <br> Co. Ltd.<br>| 4025500 | 957630 |
| # | Poly Property <br> Services Co. Ltd., <br> Class H<br>| 291400 | 1257100 |
| \* | Porton Pharma <br> Solutions Ltd., <br> Class A<br>| 106500 | 398797 |
|  | Pou Sheng <br> International <br> Holdings Ltd.<br>| 3868806 | 236417 |
|  | Prinx Chengshan <br> Holdings Ltd.<br>| 256000 | 233905 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Pulike Biological <br> Engineering, Inc., <br> Class A<br>| 20800 | $40859 |
|  | PW Medtech Group <br> Ltd.<br>| 1354000 | 261475 |
|  | Pylon Technologies <br> Co. Ltd., Class A<br>| 25329 | 236186 |
|  | Q Technology Group <br> Co. Ltd.<br>| 1418000 | 2549990 |
|  | Qfin Holdings, Inc., <br> ADR<br>| 260018 | 6279435 |
|  | Qianhe Condiment & <br> Food Co. Ltd., <br> Class A<br>| 126750 | 165188 |
|  | Qiming Information <br> Technology Co. <br> Ltd., Class A<br>| 49800 | 138055 |
| \* | Qinchuan Machine <br> Tool & Tool Group <br> Share Co. Ltd., <br> Class A<br>| 197600 | 381246 |
|  | Qingdao Citymedia <br> Co. Ltd., Class A<br>| 32400 | 30922 |
|  | Qingdao East Steel <br> Tower Stock Co. <br> Ltd., Class A<br>| 32100 | 79669 |
|  | Qingdao Eastsoft <br> Communication <br> Technology Co. <br> Ltd., Class A<br>| 86722 | 187345 |
|  | Qingdao Gaoce <br> Technology Co. <br> Ltd., Class A<br>| 114045 | 183484 |
|  | Qingdao Gon <br> Technology Co. <br> Ltd., Class A<br>| 61200 | 441106 |
|  | Qingdao Haier <br> Biomedical Co. Ltd., <br> Class A<br>| 37811 | 185025 |
|  | Qingdao Hanhe Cable <br> Co. Ltd., Class A<br>| 365300 | 192581 |
|  | Qingdao Hiron <br> Commercial Cold <br> Chain Co. Ltd., <br> Class A<br>| 33914 | 67062 |
|  | Qingdao NovelBeam <br> Technology Co. <br> Ltd., Class A<br>| 10727 | 73142 |
| Ω | Qingdao Port <br> International Co. <br> Ltd., Class H<br>| 922000 | 842846 |

---

1008

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Qinghai Huzhu <br> TianYouDe <br> Highland Barley <br> Spirit Co. Ltd., <br> Class A<br>| 81000 | $109169 |
| \* | Qingling Motors Co. <br> Ltd., Class H<br>| 496000 | 47148 |
|  | Qinhuangdao Port Co. <br> Ltd., Class H<br>| 1989500 | 745067 |
| \* | Qudian, Inc., <br> Sponsored ADR<br>| 314980 | 1505604 |
|  | Queclink Wireless <br> Solutions Co. Ltd., <br> Class A<br>| 71900 | 122304 |
|  | Quick Intelligent <br> Equipment Co. Ltd., <br> Class A<br>| 45000 | 205988 |
| \* | Qunabox Group Ltd. | 25000 | 117786 |
|  | Rainbow Digital <br> Commercial Co. <br> Ltd., Class A<br>| 117000 | 88820 |
|  | Rayhoo Motor Dies <br> Co. Ltd., Class A<br>| 36300 | 197390 |
| #\*Ω | Red Star Macalline <br> Group Corp. Ltd., <br> Class H<br>| 1406520 | 229878 |
|  | Renhe Pharmacy Co. <br> Ltd., Class A<br>| 279500 | 243999 |
| #\* | REPT BATTERO <br> Energy Co. Ltd., <br> Class H<br>| 345800 | 620508 |
|  | Rianlon Corp., <br> Class A<br>| 38750 | 218162 |
|  | Richinfo Technology <br> Co. Ltd., Class A<br>| 22000 | 82864 |
| \* | Risen Energy Co. <br> Ltd., Class A<br>| 143300 | 216778 |
|  | Riyue Heavy Industry <br> Co. Ltd., Class A<br>| 112200 | 229275 |
|  | Rizhao Port Co. Ltd., <br> Class A<br>| 359300 | 160620 |
|  | Ruida Futures Co. <br> Ltd., Class A<br>| 68700 | 228153 |
|  | Ruifeng Power Group <br> Co. Ltd.<br>| 14000 | 17710 |
| \* | SanFeng Intelligent <br> Equipment Group <br> Co. Ltd., Class A<br>| 166700 | 221636 |
|  | Sanjiang Shopping <br> Club Co. Ltd., <br> Class A<br>| 49400 | 96173 |
|  | Sanquan Food Co. <br> Ltd., Class A<br>| 91600 | 143748 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Sansteel Minguang <br> Co. Ltd. Fujian, <br> Class A<br>| 39100 | $24621 |
| \* | Sanwei Holding Group <br> Co. Ltd., Class A<br>| 83600 | 136201 |
|  | Sany Heavy <br> Equipment <br> International <br> Holdings Co. Ltd.<br>| 4208000 | 3972524 |
| \* | Seazen Group Ltd. | 5006571 | 1410512 |
|  | Shaanxi Fenghuo <br> Electronics Co. Ltd., <br> Class A<br>| 101100 | 155822 |
| \* | Shaanxi Heimao <br> Coking Co. Ltd., <br> Class A<br>| 352600 | 210599 |
| \* | Shandong BoAn <br> Biotechnology Co. <br> Ltd., Class H<br>| 215000 | 290106 |
|  | Shandong Bohui <br> Paper Industrial Co. <br> Ltd., Class A<br>| 109103 | 76555 |
|  | Shandong Dawn <br> Polymer Co. Ltd., <br> Class A<br>| 92100 | 320844 |
|  | Shandong Denghai <br> Seeds Co. Ltd., <br> Class A<br>| 151100 | 199958 |
|  | Shandong Dongyue <br> Silicone Material <br> Co. Ltd., Class A<br>| 234400 | 305946 |
| \* | Shandong Haihua Co. <br> Ltd., Class A<br>| 134000 | 104912 |
|  | Shandong Hi-Speed <br> Road & Bridge <br> Group Co. Ltd., <br> Class A<br>| 290800 | 249800 |
|  | Shandong Huatai <br> Paper Industry <br> Shareholding Co. <br> Ltd., Class A<br>| 182200 | 95279 |
|  | Shandong Jincheng <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 13100 | 32163 |
|  | Shandong Jinjing <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 273400 | 201759 |
| \* | Shandong Longda <br> Meishi Co. Ltd., <br> Class A<br>| 143100 | 96816 |

---

1009

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shandong Lukang <br> Pharma, Class A<br>| 169300 | $238509 |
|  | Shandong Weigao <br> Group Medical <br> Polymer Co. Ltd., <br> Class H<br>| 2688400 | 1881849 |
|  | Shandong WIT Dyne <br> Health Co. Ltd., <br> Class A<br>| 43400 | 208368 |
|  | Shandong Xiantan Co. <br> Ltd., Class A<br>| 148800 | 131767 |
|  | Shandong Xinhua <br> Pharmaceutical Co. <br> Ltd., Class H<br>| 582400 | 521389 |
|  | Shandong Yisheng <br> Livestock & Poultry <br> Breeding Co. Ltd., <br> Class A<br>| 98100 | 123961 |
|  | Shanghai Acrel Co. <br> Ltd., Class A<br>| 7000 | 24822 |
| \* | Shanghai Aerospace <br> Automobile <br> Electromechanical <br> Co. Ltd., Class A<br>| 273000 | 316617 |
| \* | Shanghai AJ Group <br> Co. Ltd., Class A<br>| 95400 | 75391 |
|  | Shanghai AtHub Co. <br> Ltd., Class A<br>| 15333 | 71664 |
|  | Shanghai Baolong <br> Automotive Corp., <br> Class A<br>| 40100 | 212436 |
|  | Shanghai Baosteel <br> Packaging Co. Ltd., <br> Class A<br>| 213800 | 166087 |
| \*Ω | Shanghai Bio-heart <br> Biological <br> Technology Co. <br> Ltd., Class H<br>| 76300 | 81891 |
|  | Shanghai Bright Meat <br> Group Co. Ltd., <br> Class A<br>| 169000 | 161724 |
|  | Shanghai Chicmax <br> Cosmetic Co. Ltd., <br> Class H<br>| 63300 | 698075 |
|  | Shanghai Chlor-Alkali <br> Chemical Co. Ltd., <br> Class A<br>| 139200 | 213769 |
|  | Shanghai Daimay <br> Automotive Interior <br> Co. Ltd., Class A<br>| 164800 | 176803 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Datun <br> Energy Resources <br> Co. Ltd., Class A<br>| 85000 | $164976 |
|  | Shanghai Dazhong <br> Public Utilities <br> Group Co. Ltd., <br> Class H<br>| 622000 | 352599 |
|  | Shanghai Environment <br> Group Co. Ltd., <br> Class A<br>| 149986 | 175025 |
| \* | Shanghai Feilo <br> Acoustics Co. Ltd., <br> Class A<br>| 472700 | 543023 |
|  | Shanghai Fengyuzhu <br> Culture & <br> Technology Co. <br> Ltd., Class A<br>| 67800 | 92844 |
|  | Shanghai Fosun <br> Pharmaceutical <br> Group Co. Ltd., <br> Class H<br>| 431000 | 1320183 |
| # | Shanghai Fudan <br> Microelectronics <br> Group Co. Ltd., <br> Class H<br>| 779000 | 4237217 |
| # | Shanghai <br> Fudan-Zhangjiang <br> Bio-Pharmaceutical <br> Co. Ltd., Class H<br>| 363000 | 152589 |
|  | Shanghai Fullhan <br> Microelectronics Co. <br> Ltd., Class A<br>| 14700 | 97582 |
|  | Shanghai Ganglian <br> E-Commerce <br> Holdings Co. Ltd., <br> Class A<br>| 54000 | 206779 |
|  | Shanghai Gench <br> Education Group <br> Ltd.<br>| 65500 | 22571 |
|  | Shanghai Gentech <br> Co. Ltd., Class A<br>| 56430 | 260547 |
|  | Shanghai Hanbell <br> Precise Machinery <br> Co. Ltd., Class A<br>| 59200 | 203603 |
| Ω | Shanghai Haohai <br> Biological <br> Technology Co. <br> Ltd., Class H<br>| 20400 | 71649 |
| \*Ω | Shanghai Henlius <br> Biotech, Inc., <br> Class H<br>| 75900 | 680624 |

---

1010

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Industrial <br> Holdings Ltd.<br>| 1046000 | $1836156 |
| \* | Shanghai Industrial <br> Urban Development <br> Group Ltd.<br>| 653000 | 28572 |
| #\* | Shanghai INT Medical <br> Instruments Co. <br> Ltd., Class H<br>| 119000 | 478794 |
|  | Shanghai Jinqiao <br> Export Processing <br> Zone Development <br> Co. Ltd., Class A<br>| 85800 | 136581 |
|  | Shanghai Kaibao <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 194559 | 168749 |
|  | Shanghai Kelai <br> Mechatronics <br> Engineering Co. <br> Ltd., Class A<br>| 46489 | 128081 |
|  | Shanghai Liangxin <br> Electrical Co. Ltd., <br> Class A<br>| 153265 | 228377 |
|  | Shanghai MicroPort <br> Endovascular <br> MedTech Group Co. <br> Ltd., Class A<br>| 4905 | 70217 |
| \* | Shanghai Milkground <br> Food Tech Co. Ltd., <br> Class A<br>| 77599 | 279084 |
| \* | Shanghai New Power <br> Automotive <br> Technology Co. <br> Ltd., Class A<br>| 24900 | 21906 |
|  | Shanghai <br> Pharmaceuticals <br> Holding Co. Ltd., <br> Class H<br>| 783700 | 1179978 |
|  | Shanghai Pioneer <br> Holding Ltd.<br>| 1430000 | 384183 |
|  | Shanghai Pudong <br> Construction Co. <br> Ltd., Class A<br>| 239492 | 271636 |
|  | Shanghai QiFan <br> Cable Co. Ltd., <br> Class A<br>| 32200 | 84894 |
|  | Shanghai Runda <br> Medical Technology <br> Co. Ltd., Class A<br>| 45300 | 107228 |
|  | Shanghai Shibei <br> Hi-Tech Co. Ltd., <br> Class A<br>| 256012 | 222343 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Tongji <br> Science & <br> Technology <br> Industrial Co. Ltd., <br> Class A<br>| 140900 | $294279 |
|  | Shanghai Yct <br> Electronics Group <br> Co. Ltd., Class A<br>| 16120 | 106855 |
|  | Shanghai Zhezhong <br> Group Co. Ltd., <br> Class A<br>| 9900 | 25029 |
|  | Shanghai Zijiang <br> Enterprise Group <br> Co. Ltd., Class A<br>| 380400 | 422320 |
|  | Shantou Wanshun <br> New Material Group <br> Co. Ltd., Class A<br>| 59400 | 53008 |
|  | Shanxi Blue Flame <br> Holding Co. Ltd., <br> Class A<br>| 181300 | 184597 |
|  | Shanxi Coking Co. <br> Ltd., Class A<br>| 119000 | 71431 |
| \* | Shanxi Guoxin Energy <br> Corp. Ltd., Class A<br>| 189860 | 94275 |
|  | Shanxi Hi-speed <br> Group Co. Ltd., <br> Class A<br>| 189200 | 137850 |
|  | Shanxi Lanhua <br> Sci-Tech Venture <br> Co. Ltd., Class A<br>| 173800 | 164430 |
| \* | Shanxi Lu'an <br> Chemical <br> Technology Co. <br> Ltd., Class A<br>| 196000 | 79133 |
| \* | Shanxi Zhendong <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 45500 | 44681 |
|  | Shengda Resources <br> Co. Ltd., Class A<br>| 162407 | 536543 |
|  | Shenma Industry Co. <br> Ltd., Class A<br>| 201400 | 281257 |
| \* | Shenyang Jinbei <br> Automotive Co. <br> Ltd., Class A<br>| 217100 | 142077 |
|  | Shenzhen Absen <br> Optoelectronic Co. <br> Ltd., Class A<br>| 17000 | 41155 |
|  | Shenzhen Agricultural <br> Power Group Co. <br> Ltd., Class A<br>| 162000 | 194593 |

---

1011

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Batian <br> Ecotypic <br> Engineering Co. <br> Ltd., Class A<br>| 109100 | $170862 |
|  | Shenzhen Bingchuan <br> Network Co. Ltd., <br> Class A<br>| 8800 | 46552 |
|  | Shenzhen BSC <br> Technology Co. <br> Ltd., Class A<br>| 22340 | 115035 |
|  | Shenzhen Center <br> Power Tech Co. <br> Ltd., Class A<br>| 76900 | 247685 |
|  | Shenzhen Cereals <br> Holdings Co. Ltd., <br> Class A<br>| 158300 | 155412 |
|  | Shenzhen Changhong <br> Technology Co. <br> Ltd., Class A<br>| 66900 | 129040 |
|  | Shenzhen Click <br> Technology Co. <br> Ltd., Class A<br>| 87200 | 230853 |
|  | Shenzhen Colibri <br> Technologies Co. <br> Ltd., Class A<br>| 87400 | 273697 |
|  | Shenzhen Das <br> Intellitech Co. Ltd., <br> Class A<br>| 436811 | 200908 |
|  | Shenzhen Desay <br> Battery Technology <br> Co., Class A<br>| 43574 | 172125 |
| \* | Shenzhen Dynanonic <br> Co. Ltd., Class A<br>| 8100 | 52304 |
| # | Shenzhen <br> Expressway Corp. <br> Ltd., Class H<br>| 2566400 | 2399597 |
|  | Shenzhen Farben <br> Information <br> Technology Co. <br> Ltd., Class A<br>| 34000 | 111348 |
| \* | Shenzhen Feima <br> International Supply <br> Chain Co. Ltd., <br> Class A<br>| 301000 | 178027 |
| \* | Shenzhen Fenda <br> Technology Co. <br> Ltd., Class A<br>| 271100 | 253857 |
|  | Shenzhen Forms <br> Syntron Information <br> Co. Ltd.<br>| 67000 | 355544 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Fuanna <br> Bedding & <br> Furnishing Co. Ltd., <br> Class A<br>| 148900 | $150739 |
| \* | Shenzhen Gongjin <br> Electronics Co. Ltd., <br> Class A<br>| 164300 | 275781 |
| Ω | Shenzhen Hepalink <br> Pharmaceutical <br> Group Co. Ltd., <br> Class H<br>| 204500 | 141432 |
| # | Shenzhen <br> International <br> Holdings Ltd.<br>| 4712256 | 4884670 |
| #\* | Shenzhen Investment <br> Ltd.<br>| 10139720 | 1095928 |
|  | Shenzhen Invt Electric <br> Co. Ltd., Class A<br>| 91100 | 115347 |
|  | Shenzhen Jieshun <br> Science & <br> Technology Industry <br> Co. Ltd., Class A<br>| 89334 | 122293 |
| \* | Shenzhen Jinjia <br> Group Co. Ltd., <br> Class A<br>| 35300 | 22146 |
|  | Shenzhen Jufei <br> Optoelectronics Co. <br> Ltd., Class A<br>| 237200 | 223213 |
|  | Shenzhen Kingkey <br> Smart Agriculture <br> Times Co. Ltd., <br> Class A<br>| 105700 | 244215 |
|  | Shenzhen Laibao <br> Hi-tech Co. Ltd., <br> Class A<br>| 123100 | 193133 |
|  | Shenzhen Leaguer <br> Co. Ltd., Class A<br>| 211200 | 273874 |
|  | Shenzhen Lifotronic <br> Technology Co. <br> Ltd., Class A<br>| 82745 | 160532 |
|  | Shenzhen Microgate <br> Technology Co. <br> Ltd., Class A<br>| 175100 | 312370 |
| \* | Shenzhen New <br> Nanshan Holding <br> Group Co. Ltd., <br> Class A<br>| 507300 | 221935 |
|  | Shenzhen Noposin <br> Crop Science Co. <br> Ltd., Class A<br>| 201300 | 345043 |

---

1012

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Pagoda <br> Industrial Group <br> Corp. Ltd., Class H<br>| 201500 | $52905 |
|  | Shenzhen Qingyi <br> Photomask Ltd., <br> Class A<br>| 49231 | 199210 |
|  | Shenzhen SEG Co. <br> Ltd., Class A<br>| 87500 | 121931 |
|  | Shenzhen Sinexcel <br> Electric Co. Ltd., <br> Class A<br>| 60400 | 355141 |
|  | Shenzhen Sunline <br> Tech Co. Ltd., <br> Class A<br>| 149700 | 311161 |
|  | Shenzhen Tagen <br> Group Co. Ltd., <br> Class A<br>| 454710 | 242210 |
|  | Shenzhen Topraysolar <br> Co. Ltd., Class A<br>| 87900 | 45097 |
|  | Shenzhen Topway <br> Video <br> Communication Co. <br> Ltd., Class A<br>| 142600 | 170160 |
|  | Shenzhen United <br> Winners Laser Co. <br> Ltd., Class A<br>| 46617 | 170828 |
|  | Shenzhen Weiguang <br> Biological Products <br> Co. Ltd., Class A<br>| 32500 | 125073 |
| \* | Shenzhen Yitoa <br> Intelligent Control <br> Co. Ltd., Class A<br>| 220000 | 353193 |
| \* | Shenzhen Ysstech <br> Info-tech Co. Ltd., <br> Class A<br>| 157800 | 451011 |
| \* | Shida Shinghwa <br> Advanced Material <br> Group Co. Ltd., <br> Class A<br>| 39100 | 355943 |
|  | Shinva Medical <br> Instrument Co. Ltd., <br> Class A<br>| 79400 | 173406 |
|  | Shoucheng Holdings <br> Ltd.<br>| 6317600 | 1775244 |
| # | Shougang Fushan <br> Resources Group <br> Ltd.<br>| 5749565 | 2255887 |
| †† | Shouhang High-Tech <br> Energy Co. Ltd., <br> Class A<br>| 269600 | 2653 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Shuangliang <br> Eco-Energy <br> Systems Co. Ltd., <br> Class A<br>| 28300 | $27508 |
|  | Shui On Land Ltd. | 6618143 | 603846 |
| \* | Sichuan Chengfei <br> Integration <br> Technology Corp., <br> Class A<br>| 93300 | 555708 |
|  | Sichuan EM <br> Technology Co. <br> Ltd., Class A<br>| 162300 | 454738 |
|  | Sichuan Expressway <br> Co. Ltd., Class H<br>| 3296000 | 2168945 |
|  | Sichuan Furong <br> Technology Co. <br> Ltd., Class A<br>| 53620 | 69344 |
| \* | Sichuan Haite <br> High-tech Co. Ltd., <br> Class A<br>| 138776 | 244779 |
|  | Sichuan Injet Electric <br> Co. Ltd., Class A<br>| 54400 | 404117 |
|  | Sichuan Jiuyuan <br> Yinhai Software Co. <br> Ltd., Class A<br>| 72100 | 195480 |
| \* | Sichuan Lutianhua <br> Co. Ltd., Class A<br>| 313600 | 189106 |
|  | Sichuan Teway Food <br> Group Co. Ltd., <br> Class A<br>| 164132 | 275388 |
| # | Sihuan <br> Pharmaceutical <br> Holdings Group <br> Ltd.<br>| 4980000 | 949214 |
|  | SIIC Environment <br> Holdings Ltd. (807 <br> HK)<br>| 128000 | 18440 |
| Ω | Simcere <br> Pharmaceutical <br> Group Ltd.<br>| 616000 | 981127 |
|  | Sineng Electric Co. <br> Ltd., Class A<br>| 29800 | 134931 |
| \* | Sinic Holdings Group <br> Co. Ltd.<br>| 235000 | 0 |
|  | Sino <br> Biopharmaceutical <br> Ltd.<br>| 2624000 | 2390285 |
| \* | Sino GeoPhysical Co. <br> Ltd., Class A<br>| 38100 | 107790 |
|  | Sino Wealth Electronic <br> Ltd., Class A<br>| 20300 | 77975 |
|  | Sinocare, Inc., <br> Class A<br>| 54800 | 145894 |

---

1013

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sinofert Holdings Ltd. | 6383327 | $1248231 |
|  | Sinomach Automobile <br> Co. Ltd., Class A<br>| 178300 | 156299 |
|  | Sinomach Precision <br> Industry Group Co. <br> Ltd., Class A<br>| 99800 | 401756 |
|  | SinoMedia Holding <br> Ltd.<br>| 69000 | 18008 |
|  | Sinopec Engineering <br> Group Co. Ltd., <br> Class H<br>| 3836500 | 3614002 |
| # | Sinopec Kantons <br> Holdings Ltd.<br>| 3098000 | 1602480 |
| \* | Sinopec Oilfield <br> Equipment Corp., <br> Class A<br>| 170200 | 173853 |
| \* | Sinopec Oilfield <br> Service Corp., <br> Class H<br>| 6360000 | 630902 |
|  | Sinopec Shanghai <br> Petrochemical Co. <br> Ltd., Class H<br>| 7878000 | 1348363 |
|  | Sinopep-Allsino Bio <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 26767 | 146211 |
|  | Sinopharm Group Co. <br> Ltd., Class H<br>| 2362000 | 5887440 |
|  | Sinoseal Holding Co. <br> Ltd., Class A<br>| 39200 | 191770 |
|  | Sinosteel Engineering <br> & Technology Co. <br> Ltd., Class A<br>| 315300 | 283670 |
|  | Sinosteel New <br> Materials Co. Ltd., <br> Class A<br>| 124300 | 191382 |
| # | Sinotrans Ltd., <br> Class H<br>| 7927000 | 5388066 |
|  | Sinotruk Hong Kong <br> Ltd.<br>| 1934000 | 6461176 |
| \* | Sipai Health <br> Technology Co. <br> Ltd.<br>| 214400 | 66766 |
| #\* | Skyworth Group Ltd. | 1070000 | 542252 |
| Ω | Smoore International <br> Holdings Ltd.<br>| 974000 | 1640338 |
|  | Snowsky Salt Industry <br> Group Co. Ltd., <br> Class A<br>| 198412 | 158992 |
| \* | SOHO China Ltd. | 5033000 | 356762 |
|  | Soho Holly Futures <br> Co. Ltd., Class H<br>| 729000 | 360617 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sokan New Materials <br> Group Co. Ltd., <br> Class A<br>| 15995 | $74237 |
|  | Solareast Holdings <br> Co. Ltd., Class A<br>| 32200 | 45758 |
| \* | South Manganese <br> Investment Ltd.<br>| 627000 | 36351 |
|  | Southern Publishing & <br> Media Co. Ltd., <br> Class A<br>| 90000 | 178946 |
| # | So-Young <br> International, Inc., <br> ADR<br>| 94843 | 275993 |
| \* | SPIC Yuanda <br> Environmental-Protection <br> Co. Ltd., Class A<br>| 77300 | 145170 |
| # | SSY Group Ltd. | 5589152 | 2231144 |
|  | Stanley Agricultural <br> Group Co. Ltd., <br> Class A<br>| 223700 | 306523 |
|  | Star Lake Bioscience <br> Co., Inc. Zhaoqing <br> Guangdong, <br> Class A<br>| 167400 | 169103 |
| \* | Star Plus Legend <br> Holdings Ltd., <br> Class H<br>| 293500 | 329508 |
|  | Sumavision <br> Technologies Co. <br> Ltd., Class A<br>| 300100 | 238275 |
|  | Sun Art Retail Group <br> Ltd.<br>| 3660500 | 889528 |
|  | Sun King Technology <br> Group Ltd.<br>| 3180000 | 827140 |
|  | Sunflower <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 68000 | 139500 |
|  | Suning Universal Co. <br> Ltd., Class A<br>| 478800 | 171587 |
|  | Sunny Optical <br> Technology Group <br> Co. Ltd.<br>| 815900 | 7884610 |
|  | Sunrise Group Co. <br> Ltd., Class A<br>| 80700 | 65572 |
| #\* | Sunshine Lake <br> Pharma Co. Ltd.<br>| 215847 | 1272214 |
|  | Sunstone <br> Development Co. <br> Ltd., Class A<br>| 94700 | 327787 |
|  | Sunward Intelligent <br> Equipment Co. Ltd., <br> Class A<br>| 272650 | 507721 |

---

1014

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Suofeiya Home <br> Collection Co. Ltd., <br> Class A<br>| 45600 | $83410 |
|  | Suzhou Anjie <br> Technology Co. <br> Ltd., Class A<br>| 161800 | 316548 |
|  | Suzhou Gold Mantis <br> Construction <br> Decoration Co. Ltd., <br> Class A<br>| 310200 | 148235 |
|  | Suzhou Good-Ark <br> Electronics Co. Ltd., <br> Class A<br>| 165400 | 238129 |
|  | Suzhou New District <br> Hi-Tech Industrial <br> Co. Ltd., Class A<br>| 165900 | 138634 |
|  | Suzhou Secote <br> Precision Electronic <br> Co. Ltd., Class A<br>| 25300 | 170538 |
| \* | Suzhou SLAC <br> Precision <br> Equipment Co. Ltd., <br> Class A<br>| 28200 | 58401 |
|  | Suzhou Sushi Testing <br> Group Co. Ltd., <br> Class A<br>| 90200 | 198555 |
|  | Suzhou TZTEK <br> Technology Co. <br> Ltd., Class A<br>| 37593 | 286234 |
|  | Suzhou Veichi Electric <br> Co. Ltd., Class A<br>| 6349 | 76890 |
| \* | SVG Optronics Co. <br> Ltd., Class A<br>| 21000 | 106824 |
| # | SY Holdings Group <br> Ltd.<br>| 1217000 | 1767825 |
|  | Symphony Holdings <br> Ltd.<br>| 6450000 | 1246713 |
| \* | SYoung Group Co. <br> Ltd., Class A<br>| 44200 | 126955 |
| \* | Taiyuan Heavy <br> Industry Co. Ltd., <br> Class A<br>| 368700 | 144104 |
| \* | Tangrenshen Group <br> Co. Ltd., Class A<br>| 292527 | 196218 |
|  | Tangshan Sanyou <br> Chemical Industries <br> Co. Ltd., Class A<br>| 251000 | 201097 |
|  | Tangshan Sunfar <br> Silicon Industry Co. <br> Ltd., Class A<br>| 41100 | 107356 |
| \* | Tanwan, Inc. | 229800 | 437956 |
|  | TCL Electronics <br> Holdings Ltd.<br>| 2874347 | 3412757 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | TDG Holdings Co. <br> Ltd., Class A<br>| 233000 | $336571 |
| \*†† | Tech-Pro, Inc. | 43862000 | 0 |
| \* | Tellhow Sci-Tech Co. <br> Ltd., Class A<br>| 22900 | 29993 |
|  | Telling <br> Telecommunication <br> Holding Co. Ltd., <br> Class A<br>| 83100 | 117824 |
|  | Tenfu Cayman <br> Holdings Co. Ltd.<br>| 286000 | 108979 |
|  | Three Squirrels, Inc., <br> Class A<br>| 59100 | 195864 |
|  | Three's Co. Media <br> Group Co. Ltd., <br> Class A<br>| 30907 | 125157 |
|  | Tian An China <br> Investment Co. Ltd.<br>| 1272000 | 743512 |
|  | Tian Lun Gas <br> Holdings Ltd.<br>| 419500 | 174715 |
| \*†† | Tian Shan <br> Development <br> Holding Ltd.<br>| 1844000 | 0 |
|  | Tiande Chemical <br> Holdings Ltd.<br>| 92000 | 16969 |
| # | Tiangong International <br> Co. Ltd.<br>| 3496000 | 1323947 |
|  | Tianjin Capital <br> Environmental <br> Protection Group <br> Co. Ltd., Class H<br>| 1632000 | 895613 |
|  | Tianjin Chase Sun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 311700 | 167390 |
|  | Tianjin Development <br> Holdings Ltd.<br>| 996000 | 333225 |
|  | Tianjin Port <br> Development <br> Holdings Ltd.<br>| 4630800 | 423944 |
|  | Tianjin Ringpu <br> Bio-Technology Co. <br> Ltd., Class A<br>| 88935 | 269529 |
|  | Tianjin TEDA <br> Resources <br> Recycling Group <br> Co. Ltd., Class A<br>| 276400 | 164965 |
|  | Tianneng Power <br> International Ltd.<br>| 2576048 | 2855752 |
| #\* | Tianqi Lithium Corp., <br> Class H<br>| 208200 | 1279821 |
|  | Tianrun Industry <br> Technology Co. <br> Ltd., Class A<br>| 168300 | 150722 |

---

1015

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Tibet Mineral <br> Development Co. <br> Ltd., Class A<br>| 22400 | $82854 |
| \* | Tibet Water <br> Resources Ltd.<br>| 550000 | 44607 |
|  | Time Interconnect <br> Technology Ltd.<br>| 1503000 | 3023207 |
|  | Tingyi Cayman <br> Islands Holding <br> Corp.<br>| 2728000 | 3742894 |
|  | Titan Wind Energy <br> Suzhou Co. Ltd., <br> Class A<br>| 218000 | 234729 |
|  | TK Group Holdings <br> Ltd.<br>| 138000 | 45215 |
|  | TKD Science & <br> Technology Co. <br> Ltd., Class A<br>| 66200 | 137956 |
|  | Tofflon Science & <br> Technology Group <br> Co. Ltd., Class A<br>| 147600 | 351764 |
|  | Toly Bread Co. Ltd., <br> Class A<br>| 213868 | 163868 |
|  | Tomson Group Ltd. | 679139 | 236484 |
| # | Tong Ren Tang <br> Technologies Co. <br> Ltd., Class H<br>| 1575000 | 939869 |
|  | Tongcheng Travel <br> Holdings Ltd.<br>| 3758800 | 10343491 |
|  | Tongdao Liepin <br> Group<br>| 686400 | 281219 |
| \* | Tongding <br> Interconnection <br> Information Co. <br> Ltd., Class A<br>| 36100 | 26563 |
|  | Tongguan Gold Group <br> Ltd.<br>| 2142000 | 745763 |
|  | Tongyu Heavy <br> Industry Co. Ltd., <br> Class A<br>| 529953 | 229465 |
|  | Topsec Technologies <br> Group, Inc., <br> Class A<br>| 208127 | 305039 |
| Ω | Topsports International <br> Holdings Ltd.<br>| 2590000 | 1026481 |
|  | Toread Holdings <br> Group Co. Ltd., <br> Class A<br>| 78400 | 103121 |
| # | Towngas Smart <br> Energy Co. Ltd.<br>| 2858853 | 1433182 |
| \* | TPV Technology Co. <br> Ltd., Class A<br>| 286000 | 104562 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \*Ω | Transcenta Holding <br> Ltd.<br>| 264000 | $104952 |
|  | TravelSky Technology <br> Ltd., Class H<br>| 1372000 | 1805550 |
|  | Triangle Tyre Co. Ltd., <br> Class A<br>| 94300 | 195992 |
| \* | Triumph New Energy <br> Co. Ltd., Class H<br>| 252000 | 141422 |
|  | Triumph Science & <br> Technology Co. <br> Ltd., Class A<br>| 148800 | 256616 |
| \*†† | Trony Solar Holdings <br> Co. Ltd.<br>| 1757000 | 0 |
| \* | Troy Information <br> Technology Co. <br> Ltd., Class A<br>| 66400 | 61805 |
|  | Tsingtao Brewery Co. <br> Ltd., Class H<br>| 606000 | 4095668 |
|  | TSP Wind Power <br> Group Co. Ltd.<br>| 176900 | 210947 |
| \*Ω | Tuhu Car, Inc. | 273000 | 620696 |
| †† | Tunghsu <br> Optoelectronic <br> Technology Co. <br> Ltd., Class A<br>| 792500 | 7799 |
|  | Uni-Bio Science <br> Group Ltd.<br>| 3060000 | 49865 |
|  | Unilumin Group Co. <br> Ltd., Class A<br>| 204400 | 211878 |
|  | Uni-President China <br> Holdings Ltd.<br>| 4377000 | 4738729 |
| # | United Energy Group <br> Ltd.<br>| 2112900 | 134811 |
| †† | Untrade.China Dili | 12625699 | 201152 |
| \*†† | Untrade.Lumena <br> Newmat<br>| 363249 | 0 |
| \* | UTour Group Co. Ltd., <br> Class A<br>| 172400 | 170007 |
|  | V V Food & Beverage <br> Co. Ltd., Class A<br>| 253300 | 127333 |
|  | Valiant Co. Ltd., <br> Class A<br>| 189900 | 373912 |
|  | Vats Liquor Chain <br> Store Management <br> JSC Ltd. (300755 <br> C2), Class A<br>| 32665 | 95461 |
|  | Vatti Corp. Ltd., <br> Class A<br>| 147700 | 132689 |
| \* | Vcanbio Cell & Gene <br> Engineering Corp. <br> Ltd., Class A<br>| 114900 | 398292 |
|  | Vipshop Holdings Ltd., <br> ADR<br>| 509760 | 8915702 |

---

1016

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \*Ω | Viva Biotech Holdings | 2670000 | $837392 |
| #\* | Vnet Group, Inc., <br> ADR<br>| 8227 | 85561 |
|  | Wanda Hotel <br> Development Co. <br> Ltd.<br>| 1912000 | 40211 |
|  | Wangneng <br> Environment Co. <br> Ltd., Class A<br>| 86645 | 208196 |
| # | Wanguo Gold Group <br> Ltd.<br>| 410000 | 1614041 |
|  | Want Want China <br> Holdings Ltd.<br>| 6523000 | 4215336 |
|  | Warom Technology, <br> Inc. Co., Class A<br>| 58700 | 161258 |
|  | Wasion Holdings Ltd. | 1858000 | 2989438 |
|  | Weibo Corp. (9898 <br> HK), Class A<br>| 201300 | 2201061 |
| # | Weibo Corp. (WB <br> US), Sponsored <br> ADR<br>| 4978 | 54161 |
|  | Weihai Guangtai <br> Airport Equipment <br> Co. Ltd., Class A<br>| 85600 | 123107 |
|  | Weilong Delicious <br> Global Holdings <br> Ltd.<br>| 285400 | 437794 |
| #\*Ω | Weimob, Inc. | 2740000 | 801905 |
| #\* | WellCell Holdings Co. <br> Ltd.<br>| 128000 | 212235 |
|  | Wellhope Foods Co. <br> Ltd., Class A<br>| 142900 | 154094 |
|  | Wencan Group Co. <br> Ltd., Class A<br>| 59322 | 180268 |
|  | Wenzhou Yihua <br> Connector Co. Ltd., <br> Class A<br>| 39600 | 261105 |
|  | West China Cement <br> Ltd.<br>| 5844000 | 2233313 |
|  | Western Metal <br> Materials Co. Ltd., <br> Class A<br>| 93800 | 237104 |
| # | Wharf Holdings Ltd. | 918000 | 2415126 |
|  | Winall Hi-Tech Seed <br> Co. Ltd., Class A<br>| 83400 | 103868 |
|  | Windey Energy <br> Technology Group <br> Co. Ltd., Class A<br>| 70350 | 180626 |
| \* | World Union Group, <br> Inc., Class A<br>| 115600 | 37729 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Wuhan East Lake <br> High Technology <br> Group Co. Ltd., <br> Class A<br>| 105200 | $145470 |
|  | Wuhan Easydiagnosis <br> Biomedicine Co. <br> Ltd., Class A<br>| 3600 | 9732 |
|  | Wuhan Fingu <br> Electronic <br> Technology Co. <br> Ltd., Class A<br>| 140000 | 245556 |
|  | Wuling Motors <br> Holdings Ltd.<br>| 470000 | 30847 |
|  | Wushang Group Co. <br> Ltd., Class A<br>| 156682 | 219958 |
|  | Wuxi Autowell <br> Technology Co. <br> Ltd., Class A<br>| 32419 | 199212 |
|  | Wuxi Best Precision <br> Machinery Co. Ltd., <br> Class A<br>| 70100 | 259695 |
|  | Wuxi Chipown <br> Micro-Electronics <br> Ltd., Class A<br>| 12113 | 109100 |
|  | Wuxi DK Electronic <br> Materials Co. Ltd., <br> Class A<br>| 11500 | 99888 |
|  | Wuxi Longsheng <br> Technology Co. <br> Ltd., Class A<br>| 23600 | 185790 |
|  | Wuxi Paike New <br> Materials <br> Technology Co. <br> Ltd., Class A<br>| 22100 | 216971 |
| \* | WuXi XDC Cayman, <br> Inc.<br>| 453500 | 4380993 |
|  | Wuxi Xinje Electric <br> Co. Ltd., Class A<br>| 29200 | 236136 |
|  | XD, Inc. | 466200 | 4043399 |
| \*Ω | Xiabuxiabu Catering <br> Management China <br> Holdings Co. Ltd.<br>| 606000 | 78026 |
|  | Xiamen Changelight <br> Co. Ltd., Class A<br>| 160200 | 269112 |
|  | Xiamen ITG Group <br> Corp. Ltd., Class A<br>| 222400 | 202577 |
|  | Xiamen Jihong <br> Technology Co. <br> Ltd., Class A<br>| 64000 | 167838 |
|  | Xiamen Kingdomway <br> Group Co., Class A<br>| 13200 | 37455 |

---

1017

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Xiamen Leading <br> Optics Co. Ltd., <br> Class A<br>| 7700 | $30378 |
|  | Xi'an Manareco New <br> Materials Co. Ltd., <br> Class A<br>| 16133 | 110352 |
|  | Xi'an Triangle Defense <br> Co. Ltd., Class A<br>| 134300 | 484364 |
|  | Xiandai Investment <br> Co. Ltd., Class A<br>| 356794 | 212521 |
|  | Xiangtan <br> Electrochemical <br> Scientific Co. Ltd., <br> Class A<br>| 111500 | 231737 |
|  | Xilinmen Furniture Co. <br> Ltd., Class A<br>| 69600 | 167324 |
|  | Ximei Resources <br> Holding Ltd.<br>| 20000 | 19159 |
|  | Xingfa Aluminium <br> Holdings Ltd.<br>| 481000 | 481756 |
|  | Xinhua Winshare <br> Publishing & Media <br> Co. Ltd., Class H<br>| 1667103 | 2237708 |
|  | Xinjiang <br> Communications <br> Construction Group <br> Co. Ltd., Class A<br>| 101800 | 270683 |
|  | Xinjiang Joinworld Co. <br> Ltd., Class A<br>| 182800 | 208314 |
|  | Xinjiang Qingsong <br> Building Materials & <br> Chemicals Group <br> Co. Ltd., Class A<br>| 240700 | 159364 |
| \* | Xinjiang Xintai Natural <br> Gas Co. Ltd., <br> Class A<br>| 47300 | 189267 |
|  | Xinjiang Xinxin Mining <br> Industry Co. Ltd., <br> Class H<br>| 1597000 | 531547 |
|  | Xinjiang Xuefeng <br> Sci-Tech Group Co. <br> Ltd., Class A<br>| 220300 | 281263 |
| \* | Xinjiang Zhongtai <br> Chemical Co. Ltd., <br> Class A<br>| 56700 | 37465 |
| \* | Xinte Energy Co. Ltd., <br> Class H<br>| 80000 | 79820 |
|  | Xinxiang Chemical <br> Fiber Co. Ltd., <br> Class A<br>| 301700 | 185503 |
| # | Xinyi Energy Holdings <br> Ltd.<br>| 7798780 | 1273344 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | Xinyi Solar Holdings <br> Ltd.<br>| 11700929 | $5391750 |
|  | Xinyu Iron & Steel Co. <br> Ltd., Class A<br>| 149400 | 88237 |
| \* | Xinzhi Group Co. Ltd., <br> Class A<br>| 71300 | 286951 |
|  | Xizang Zhufeng <br> Resources Co. Ltd., <br> Class A<br>| 97700 | 195929 |
|  | Xizi Clean Energy <br> Equipment <br> Manufacturing Co. <br> Ltd., Class A<br>| 118500 | 266776 |
| # | Xtep International <br> Holdings Ltd.<br>| 5142336 | 3723644 |
| \* | Xunlei Ltd., ADR | 181470 | 1616898 |
| #\* | XXF Group Holdings <br> Ltd.<br>| 115000 | 140824 |
| Ω | Yadea Group Holdings <br> Ltd.<br>| 3751281 | 5864830 |
|  | Yangling Metron New <br> Material, Inc., <br> Class A<br>| 55100 | 128976 |
| #Ω | Yangtze Optical Fibre <br> & Cable Joint Stock <br> Co. Ltd., Class H<br>| 476500 | 2183586 |
|  | Yantai Changyu <br> Pioneer Wine Co. <br> Ltd., Class A<br>| 46200 | 139583 |
|  | Yantai China Pet <br> Foods Co. Ltd., <br> Class A<br>| 8500 | 68328 |
|  | Yantai North Andre <br> Juice Co. Ltd., <br> Class H<br>| 62000 | 127219 |
|  | YanTai Shuangta <br> Food Co. Ltd., <br> Class A<br>| 202100 | 159180 |
| \* | Yatsen Holding Ltd., <br> ADR<br>| 58683 | 416649 |
|  | YD Electronic <br> Technology Co. <br> Ltd., Class A<br>| 23600 | 155557 |
|  | Yechiu Metal <br> Recycling China <br> Ltd., Class A<br>| 305500 | 134402 |
|  | Yeebo International <br> Holdings Ltd.<br>| 110000 | 62144 |
| \* | Yibin Tianyuan Group <br> Co. Ltd., Class A<br>| 158000 | 129297 |
| # | Yihai International <br> Holding Ltd.<br>| 724000 | 1110845 |

---

1018

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Yijiahe Technology <br> Co. Ltd., Class A<br>| 9200 | $39494 |
|  | Yinbang Clad Material <br> Co. Ltd., Class A<br>| 156200 | 224766 |
|  | Yindu Kitchen <br> Equipment Co. Ltd., <br> Class A<br>| 119995 | 307137 |
|  | Yiren Digital Ltd., <br> Sponsored ADR<br>| 160448 | 895300 |
| Ω | Yixin Group Ltd. | 4412000 | 1286013 |
|  | Yixintang <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 100100 | 188661 |
|  | Yizumi Holdings Co. <br> Ltd., Class A<br>| 86500 | 307351 |
|  | Yongjin Technology <br> Group Co. Ltd.<br>| 64300 | 165677 |
|  | Yotrio Group Co. Ltd., <br> Class A<br>| 443400 | 240533 |
| \* | Youcare <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 39643 | 120727 |
|  | Youngy Co. Ltd., <br> Class A<br>| 50500 | 337258 |
|  | Youzu Interactive Co. <br> Ltd., Class A<br>| 163800 | 296886 |
| # | YSB, Inc. | 443400 | 519600 |
|  | Yuexiu Property Co. <br> Ltd.<br>| 1222456 | 703817 |
|  | Yuexiu Services <br> Group Ltd.<br>| 708500 | 231516 |
| # | Yuexiu Transport <br> Infrastructure Ltd.<br>| 1972018 | 1077761 |
|  | Yueyang Forest & <br> Paper Co. Ltd., <br> Class A<br>| 314477 | 196772 |
|  | Yueyang Xingchang <br> Petro-Chemical Co. <br> Ltd., Class A<br>| 64600 | 164084 |
|  | Yunnan Energy <br> Investment Co. Ltd., <br> Class A<br>| 72500 | 123836 |
|  | Yunnan Nantian <br> Electronics <br> Information Co. <br> Ltd., Class A<br>| 42200 | 108831 |
|  | Yutong Heavy <br> Industries Co. Ltd., <br> Class A<br>| 55300 | 90876 |
| \* | Z Fin Ltd. | 254000 | 192757 |
| #\* | Zai Lab Ltd., ADR | 32918 | 860147 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| #\* | Zai Lab Ltd. | 820500 | $2141007 |
|  | Zanyu Technology <br> Group Co. Ltd., <br> Class A<br>| 31400 | 49022 |
|  | ZBOM Home <br> Collection Co. Ltd., <br> Class A<br>| 87523 | 114451 |
|  | Zengame Technology <br> Holding Ltd.<br>| 438000 | 130985 |
| \* | Zepp Health Corp., <br> ADR<br>| 1223 | 49385 |
|  | Zhaojin Mining <br> Industry Co. Ltd., <br> Class H<br>| 3804000 | 14164338 |
|  | Zhejiang Asia-Pacific <br> Mechanical & <br> Electronic Co. Ltd., <br> Class A<br>| 132400 | 264137 |
|  | Zhejiang Ausun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 159100 | 229122 |
|  | Zhejiang Changsheng <br> Sliding Bearings <br> Co. Ltd., Class A<br>| 10200 | 125403 |
|  | Zhejiang <br> Communications <br> Technology Co. <br> Ltd., Class A<br>| 282500 | 165953 |
|  | Zhejiang Expressway <br> Co. Ltd., Class H<br>| 4415920 | 4310850 |
|  | Zhejiang Garden <br> Biopharmaceutical <br> Co. Ltd., Class A<br>| 101800 | 197033 |
| #\*†† | Zhejiang Glass Co. <br> Ltd., Class H<br>| 415000 | 0 |
| \* | Zhejiang Great <br> Southeast Co. Ltd., <br> Class A<br>| 221800 | 115398 |
|  | Zhejiang <br> Guyuelongshan <br> Shaoxing Wine Co. <br> Ltd., Class A<br>| 177400 | 236838 |
|  | Zhejiang Hailide New <br> Material Co. Ltd., <br> Class A<br>| 97400 | 80013 |
|  | Zhejiang HangKe <br> Technology, Inc. <br> Co., Class A<br>| 45133 | 207413 |
|  | Zhejiang Hangmin Co. <br> Ltd., Class A<br>| 215800 | 216859 |

---

1019

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Zhejiang Hisoar <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 95900 | $77395 |
|  | Zhejiang Huakang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 8100 | 19947 |
|  | Zhejiang Huangma <br> Technology Co. <br> Ltd., Class A<br>| 86100 | 220781 |
| \* | Zhejiang Huatong <br> Meat Products Co. <br> Ltd., Class A<br>| 91000 | 138002 |
|  | Zhejiang International <br> Group Co. Ltd., <br> Class A<br>| 19800 | 30792 |
|  | Zhejiang Jiahua <br> Energy Chemical <br> Industry Co. Ltd., <br> Class A<br>| 63800 | 76445 |
|  | Zhejiang Jiemei <br> Electronic & <br> Technology Co. <br> Ltd., Class A<br>| 88800 | 398476 |
|  | Zhejiang Jinggong <br> Integration <br> Technology Co. <br> Ltd., Class A<br>| 99900 | 288375 |
|  | Zhejiang Jolly <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 82600 | 203491 |
|  | Zhejiang Lante Optics <br> Co. Ltd., Class A<br>| 75811 | 341862 |
| \* | Zhejiang Orient Gene <br> Biotech Co. Ltd., <br> Class A<br>| 7361 | 27565 |
|  | Zhejiang Qianjiang <br> Motorcycle Co. Ltd., <br> Class A<br>| 58500 | 132016 |
|  | Zhejiang Runtu Co. <br> Ltd., Class A<br>| 231234 | 237958 |
|  | Zhejiang Shibao Co. <br> Ltd., Class H<br>| 444000 | 277959 |
|  | Zhejiang Songyuan <br> Automotive Safety <br> Systems Co. Ltd., <br> Class A<br>| 57428 | 206788 |
|  | Zhejiang Southeast <br> Space Frame Co. <br> Ltd., Class A<br>| 84500 | 55225 |
| \* | Zhejiang Sunriver <br> Culture Tourism Co. <br> Ltd., Class A<br>| 108200 | 110073 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Taihua New <br> Material Group Co. <br> Ltd., Class A<br>| 33400 | $41532 |
|  | Zhejiang Tianyu <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 20605 | 75901 |
|  | Zhejiang Wanliyang <br> Co. Ltd., Class A<br>| 270470 | 342519 |
|  | Zhejiang Wansheng <br> Co. Ltd., Class A<br>| 101200 | 161285 |
|  | Zhejiang Weixing <br> Industrial <br> Development Co. <br> Ltd., Class A<br>| 123800 | 189381 |
|  | Zhejiang XCC Group <br> Co. Ltd., Class A<br>| 57200 | 369264 |
|  | Zhejiang Xianju <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 103100 | 137284 |
|  | Zhejiang Xinan <br> Chemical Industrial <br> Group Co. Ltd., <br> Class A<br>| 21800 | 30882 |
|  | Zhejiang Xinao <br> Textiles, Inc., <br> Class A<br>| 33000 | 37102 |
|  | Zhejiang Xinhua <br> Chemical Co. Ltd., <br> Class A<br>| 10600 | 44246 |
|  | Zhejiang Yasha <br> Decoration Co. Ltd., <br> Class A<br>| 256100 | 145145 |
|  | Zhejiang Yonggui <br> Electric Equipment <br> Co. Ltd., Class A<br>| 71900 | 171551 |
|  | Zhejiang Yonghe <br> Refrigerant Co. Ltd., <br> Class A<br>| 59400 | 231114 |
|  | Zhende Medical Co. <br> Ltd., Class A<br>| 46200 | 617277 |
| \* | Zhengzhou Coal <br> Industry & Electric <br> Power Co. Ltd., <br> Class A<br>| 150800 | 111318 |
|  | Zhenjiang Dongfang <br> Electric Heating <br> Technology Co. <br> Ltd., Class A<br>| 264800 | 200824 |
|  | Zhewen Interactive <br> Group Co. Ltd., <br> Class A<br>| 97700 | 120082 |
| \* | Zhihu, Inc. | 50300 | 71011 |

---

1020

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| #\*Ω | ZhongAn Online P&C <br> Insurance Co. Ltd., <br> Class H<br>| 1283700 | $2764021 |
| \* | Zhongfu Straits <br> Pingtan <br> Development Co. <br> Ltd., Class A<br>| 228100 | 226901 |
|  | ZhongMan Petroleum <br> & Natural Gas <br> Group Corp. Ltd., <br> Class A<br>| 56600 | 167086 |
| # | Zhongsheng Group <br> Holdings Ltd.<br>| 2034500 | 3211658 |
| \*†† | Zhongtian Financial <br> Group Co. Ltd., <br> Class A<br>| 1461176 | 0 |
|  | Zhongtong Bus <br> Holding Co. Ltd., <br> Class A<br>| 113900 | 188167 |
|  | ZhongYeDa Electric <br> Co. Ltd., Class A<br>| 22700 | 31215 |
|  | Zhongyu Energy <br> Holdings Ltd.<br>| 552306 | 221690 |
|  | Zhongyuan <br> Environment-Protection <br> Co. Ltd., Class A<br>| 146000 | 180520 |
| Ω | Zhou Hei Ya <br> International <br> Holdings Co. Ltd.<br>| 985000 | 231113 |
|  | Zhuhai Enpower <br> Electric Co. Ltd., <br> Class A<br>| 23200 | 104014 |
|  | Zhuhai Port Co. Ltd., <br> Class A<br>| 38300 | 29701 |
|  | Zhuzhou CRRC Times <br> Electric Co. Ltd., <br> Class H<br>| 496200 | 2521749 |
| \* | Zhuzhou Smelter <br> Group Co. Ltd., <br> Class A<br>| 218200 | 480135 |
|  | Zhuzhou Times New <br> Material Technology <br> Co. Ltd., Class A<br>| 163168 | 334821 |
|  | Zibo Qixiang Tengda <br> Chemical Co. Ltd., <br> Class A<br>| 133500 | 90281 |
|  | ZJAMP Group Co. <br> Ltd., Class A<br>| 35300 | 46954 |
| #Ω | ZJLD Group, Inc. | 596600 | 670403 |
|  | ZJMI Environmental <br> Energy Co. Ltd., <br> Class A<br>| 78900 | 156847 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zkteco Co. Ltd., <br> Class A<br>| 23700 | $104982 |
| # | ZMJ Group Co. Ltd., <br> Class H<br>| 1016400 | 2805757 |
|  | Zoomlion Heavy <br> Industry Science & <br> Technology Co. <br> Ltd., Class H<br>| 1527000 | 1474367 |
|  | ZWSOFT Co. Ltd. <br> Guangzhou, <br> Class A<br>| 33936 | 384592 |
| #Ω | Zylox-Tonbridge <br> Medical Technology <br> Co. Ltd., Class H<br>| 177000 | 537877 |
| TOTAL CHINA | TOTAL CHINA |  | 1093679974 |
| COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) |
|  | Bolsa de Valores de <br> Colombia<br>| 25666 | 89489 |
|  | Celsia SA | 399834 | 507226 |
|  | Cementos Argos SA | 319832 | 856277 |
| \* | Corp. Financiera <br> Colombiana SA<br>| 134873 | 637511 |
|  | Grupo Argos SA | 101945 | 460180 |
|  | Grupo de Inversiones <br> Suramericana SA<br>| 27099 | 329434 |
|  | Mineros SA | 75167 | 265203 |
|  | Promigas SA ESP | 10240 | 17082 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 3162402 |
| FRANCE — (0.0%) | FRANCE — (0.0%) | FRANCE — (0.0%) | FRANCE — (0.0%) |
|  | Carrefour SA, BDR | 14517 | 230224 |
| GREECE — (0.7%) | GREECE — (0.7%) | GREECE — (0.7%) | GREECE — (0.7%) |
|  | Aegean Airlines SA | 126702 | 1923208 |
| #\* | Aktor SA Holding Co. <br> Technical & Energy <br> Projects<br>| 150373 | 1459369 |
|  | Athens International <br> Airport SA<br>| 21175 | 244438 |
|  | Athens Water Supply <br> & Sewage Co. SA<br>| 80877 | 647267 |
|  | Autohellas Tourist & <br> Trading SA<br>| 61105 | 779191 |
|  | Avax SA | 103049 | 284679 |
|  | Bank of Greece | 48772 | 832383 |
| \* | CrediaBank SA | 33397 | 56938 |
|  | Ellaktor SA | 45207 | 81119 |
| # | ElvalHalcor SA | 124834 | 460100 |
|  | Fourlis Holdings SA | 78400 | 370818 |
|  | GEK Terna SA | 236345 | 6308022 |

---

1021

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) |
|  | Hellenic Exchanges - <br> Athens Stock <br> Exchange SA<br>| 97874 | $703854 |
|  | Helleniq Energy <br> Holdings SA<br>| 74149 | 652181 |
|  | Holding Co. ADMIE <br> IPTO SA<br>| 305384 | 1050091 |
|  | Ideal Holdings SA | 20091 | 136022 |
| # | Intracom Holdings SA | 144281 | 555700 |
| \* | Intralot SA-Integrated <br> Information <br> Systems & Gaming <br> Services<br>| 210350 | 270558 |
|  | Kri-Kri Milk Industry <br> SA<br>| 7535 | 170980 |
| \* | LAMDA Development <br> SA<br>| 141143 | 1203872 |
|  | Motor Oil Hellas <br> Corinth Refineries <br> SA<br>| 47061 | 1410302 |
|  | Optima bank SA | 38089 | 352734 |
|  | Piraeus Port Authority <br> SA<br>| 25327 | 1255301 |
|  | Profile Systems & <br> Software SA<br>| 8786 | 72999 |
|  | Quest Holdings SA | 58079 | 471607 |
|  | Sarantis SA | 131589 | 1912929 |
|  | Thrace Plastics <br> Holding & Co.<br>| 10688 | 47956 |
|  | Titan SA (TITC GA) | 90073 | 4033039 |
| TOTAL GREECE | TOTAL GREECE |  | 27747657 |
| HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) |
|  | Truly International <br> Holdings Ltd.<br>| 3199573 | 468968 |
| HUNGARY — (0.2%) | HUNGARY — (0.2%) | HUNGARY — (0.2%) | HUNGARY — (0.2%) |
| #\* | 4iG Nyrt | 113502 | 1355911 |
|  | Magyar Telekom <br> Telecommunications <br> PLC<br>| 615145 | 3224074 |
|  | Opus Global Nyrt | 590242 | 959004 |
|  | Richter Gedeon Nyrt | 25220 | 776878 |
| TOTAL HUNGARY | TOTAL HUNGARY |  | 6315867 |
| INDIA — (19.4%) | INDIA — (19.4%) | INDIA — (19.4%) | INDIA — (19.4%) |
|  | 360 ONE WAM Ltd. | 556343 | 6791427 |
|  | 3M India Ltd. | 2424 | 807473 |
|  | 63 Moons <br> Technologies Ltd.<br>| 7283 | 65343 |
|  | Aarti Drugs Ltd. | 87308 | 482199 |
|  | Aarti Industries Ltd. | 452888 | 1942328 |
|  | Aarti Pharmalabs Ltd. | 109660 | 1046352 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Aavas Financiers Ltd. | 4256 | $79053 |
|  | Abbott India Ltd. | 15291 | 4996948 |
|  | Accelya Solutions <br> India Ltd.<br>| 4543 | 70979 |
|  | Action Construction <br> Equipment Ltd.<br>| 93884 | 1164585 |
|  | ADF Foods Ltd. | 14720 | 36659 |
| \* | Aditya Birla Fashion & <br> Retail Ltd.<br>| 332418 | 303845 |
|  | Aditya Birla Real <br> Estate Ltd.<br>| 147288 | 3136623 |
|  | Advanced Enzyme <br> Technologies Ltd.<br>| 147974 | 511503 |
|  | Advent Hotels <br> International Pvt <br> Ltd.<br>| 21454 | 75572 |
|  | Aegis Logistics Ltd. | 466118 | 3916778 |
|  | Aeroflex Industries <br> Ltd.<br>| 30906 | 65039 |
| \* | Aether Industries Ltd. | 9978 | 84559 |
|  | AGI Greenpac Ltd. | 39239 | 363216 |
|  | Ahluwalia Contracts <br> India Ltd.<br>| 52561 | 561366 |
|  | AIA Engineering Ltd. | 156917 | 5768256 |
|  | Ajanta Pharma Ltd. | 142911 | 3976323 |
|  | Ajmera Realty & Infra <br> India Ltd.<br>| 1912 | 23040 |
|  | Akzo Nobel India Ltd. | 42912 | 1570085 |
|  | Alembic Ltd. | 269593 | 302285 |
|  | Alembic <br> Pharmaceuticals <br> Ltd.<br>| 186858 | 1891885 |
|  | Alkyl Amines <br> Chemicals<br>| 48225 | 1008077 |
|  | Allcargo Logistics Ltd. | 851660 | 329157 |
|  | Amara Raja Energy & <br> Mobility Ltd.<br>| 280944 | 3179630 |
| \* | Amber Enterprises <br> India Ltd.<br>| 50515 | 4566341 |
|  | Amrutanjan Health <br> Care Ltd.<br>| 13418 | 109674 |
|  | Anant Raj Ltd. | 241161 | 1748310 |
|  | Angel One Ltd. | 48113 | 1352236 |
|  | Anup Engineering <br> Ltd.<br>| 1370 | 35791 |
|  | Anupam Rasayan <br> India Ltd.<br>| 3510 | 42238 |
|  | Apar Industries Ltd. | 35156 | 3431186 |
|  | Apcotex Industries <br> Ltd.<br>| 22713 | 91290 |
|  | APL Apollo Tubes <br> Ltd.<br>| 226636 | 4584695 |
|  | Apollo Pipes Ltd. | 2337 | 8148 |
|  | Apollo Tyres Ltd. | 1058537 | 5974145 |

---

1022

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Aptus Value Housing <br> Finance India Ltd.<br>| 32292 | $115880 |
|  | Arvind Fashions Ltd. | 178503 | 1009527 |
|  | Arvind Ltd. | 541245 | 1951062 |
|  | Arvind SmartSpaces <br> Ltd.<br>| 2055 | 14803 |
|  | Asahi India Glass Ltd. | 337184 | 3500014 |
|  | Ashapura Minechem <br> Ltd.<br>| 23582 | 176729 |
|  | Ashiana Housing Ltd. | 74655 | 235449 |
| \* | Ashoka Buildcon Ltd. | 402491 | 930683 |
| Ω | Aster DM Healthcare <br> Ltd.<br>| 293085 | 2237613 |
|  | Astra Microwave <br> Products Ltd.<br>| 146377 | 1719542 |
|  | AstraZeneca Pharma <br> India Ltd.<br>| 4051 | 433910 |
|  | Atul Ltd. | 52252 | 3397128 |
| Ω | AU Small Finance <br> Bank Ltd.<br>| 8203 | 80878 |
|  | AurionPro Solutions <br> Ltd.<br>| 16984 | 230963 |
|  | Automotive Axles Ltd. | 15893 | 304014 |
|  | Avadh Sugar & <br> Energy Ltd.<br>| 3656 | 17799 |
|  | Avantel Ltd. | 9347 | 18071 |
|  | Avanti Feeds Ltd. | 109098 | 856208 |
| \* | AWL Agri Business <br> Ltd.<br>| 78151 | 241034 |
| \* | Bajaj Consumer Care <br> Ltd.<br>| 112119 | 349867 |
|  | Bajaj Electricals Ltd. | 5316 | 30463 |
| \* | Bajaj Hindusthan <br> Sugar Ltd.<br>| 2423656 | 602482 |
|  | Bajaj Holdings & <br> Investment Ltd.<br>| 8172 | 1133545 |
|  | Balaji Amines Ltd. | 38797 | 613723 |
| \* | Balaji Telefilms Ltd. | 22329 | 27696 |
|  | Balmer Lawrie & Co. <br> Ltd.<br>| 230549 | 522984 |
|  | Balrampur Chini Mills <br> Ltd.<br>| 400664 | 2067769 |
|  | Banco Products India <br> Ltd.<br>| 109392 | 874299 |
| Ω | Bandhan Bank Ltd. | 1021422 | 1798214 |
|  | Bank of Maharashtra | 745420 | 496099 |
|  | Bannari Amman <br> Sugars Ltd.<br>| 12348 | 500324 |
|  | BASF India Ltd. | 43424 | 2156668 |
|  | Bata India Ltd. | 123782 | 1487946 |
|  | Bayer CropScience <br> Ltd.<br>| 22864 | 1255861 |
|  | BEML Ltd. | 65577 | 3238716 |
| \* | BF Utilities Ltd. | 59511 | 492911 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Bhansali Engineering <br> Polymers Ltd.<br>| 335166 | $372176 |
|  | Bharat Bijlee Ltd. | 14396 | 490330 |
|  | Bharat Dynamics Ltd. | 150832 | 2604514 |
|  | Bharat Heavy <br> Electricals Ltd.<br>| 45764 | 136210 |
|  | Bharat Rasayan Ltd. | 3079 | 375276 |
|  | Birla Corp. Ltd. | 92209 | 1216691 |
|  | BirlaNu Ltd. | 13232 | 285105 |
|  | Birlasoft Ltd. | 473199 | 1975450 |
|  | Black Box Ltd. | 29029 | 173054 |
|  | Blue Dart Express <br> Ltd.<br>| 17288 | 1264398 |
|  | Blue Star Ltd. | 257000 | 5581899 |
| \* | Bluspring Enterprises <br> Ltd.<br>| 98248 | 89176 |
|  | Bombay Burmah <br> Trading Co.<br>| 59813 | 1335650 |
|  | Bombay Dyeing & <br> Manufacturing Co. <br> Ltd.<br>| 232090 | 428581 |
| \* | Borosil Ltd. | 24794 | 95457 |
| \* | Borosil Renewables <br> Ltd.<br>| 18113 | 131310 |
| \* | Borosil Scientific Ltd. | 18595 | 28684 |
|  | Brigade Enterprises <br> Ltd.<br>| 336769 | 3928299 |
| \* | Brightcom Group Ltd. | 720392 | 110417 |
|  | BSE Ltd. | 279963 | 7824419 |
|  | Campus Activewear <br> Ltd.<br>| 4887 | 15356 |
|  | Can Fin Homes Ltd. | 221832 | 2154374 |
|  | Cantabil Retail India <br> Ltd.<br>| 4821 | 14117 |
| \* | Capacit'e Infraprojects <br> Ltd.<br>| 76517 | 246109 |
|  | Caplin Point <br> Laboratories Ltd.<br>| 72924 | 1665064 |
|  | Carborundum <br> Universal Ltd.<br>| 259767 | 2642185 |
|  | Care Ratings Ltd. | 66345 | 1194268 |
| \* | Cartrade Tech Ltd. | 32684 | 1103664 |
|  | Carysil Ltd. | 18432 | 193831 |
|  | Castrol India Ltd. | 1016603 | 2230644 |
|  | CCL Products India <br> Ltd.<br>| 270942 | 2628822 |
|  | CE Info Systems Ltd. | 13707 | 280146 |
|  | Ceat Ltd. | 72128 | 3271375 |
|  | Cello World Ltd. | 5654 | 41725 |
|  | Central Depository <br> Services India Ltd.<br>| 349616 | 6263889 |
|  | Century Enka Ltd. | 24543 | 128372 |
|  | Century Plyboards <br> India Ltd.<br>| 196359 | 1665022 |

---

1023

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Cera Sanitaryware <br> Ltd.<br>| 17580 | $1236574 |
|  | CESC Ltd. | 1864899 | 3776566 |
| \* | Chalet Hotels Ltd. | 6485 | 69347 |
|  | Chambal Fertilisers & <br> Chemicals Ltd.<br>| 465051 | 2518428 |
| \* | Chemplast Sanmar <br> Ltd.<br>| 1304 | 5845 |
|  | Chennai Petroleum <br> Corp. Ltd.<br>| 157831 | 1725038 |
| \* | Choice International <br> Ltd.<br>| 19437 | 182814 |
|  | Cholamandalam <br> Financial Holdings <br> Ltd.<br>| 363185 | 7787636 |
|  | CIE Automotive India <br> Ltd.<br>| 431037 | 2089273 |
|  | City Union Bank Ltd. | 1059281 | 2688378 |
|  | Clean Science & <br> Technology Ltd.<br>| 18915 | 215036 |
|  | CMS Info Systems <br> Ltd.<br>| 79512 | 333458 |
| Ω | Cochin Shipyard Ltd. | 220413 | 4443441 |
|  | Coforge Ltd. | 432935 | 8698772 |
| \* | Cohance Lifesciences <br> Ltd.<br>| 430036 | 3634710 |
|  | Computer Age <br> Management <br> Services Ltd.<br>| 101936 | 4504246 |
|  | Coromandel <br> International Ltd.<br>| 158239 | 3805991 |
|  | Cosmo First Ltd. | 13427 | 125470 |
| \* | CreditAccess <br> Grameen Ltd.<br>| 129564 | 2057748 |
|  | CRISIL Ltd. | 45879 | 2550630 |
|  | Crompton Greaves <br> Consumer <br> Electricals Ltd.<br>| 1391327 | 4429832 |
| \* | CSB Bank Ltd. | 134975 | 630899 |
|  | Cyient Ltd. | 151592 | 1989134 |
|  | Dalmia Bharat Ltd. | 63329 | 1496018 |
| \* | Dalmia Bharat <br> Refractories Ltd.<br>| 467 | 0 |
|  | Dalmia Bharat Sugar <br> & Industries Ltd.<br>| 22506 | 87668 |
|  | Datamatics Global <br> Services Ltd.<br>| 10803 | 113547 |
|  | DB Corp. Ltd. | 140113 | 423540 |
|  | DCB Bank Ltd. | 653604 | 1163684 |
|  | DCM Shriram <br> Industries Ltd.<br>| 8486 | 16679 |
|  | DCM Shriram Ltd. | 127523 | 1843275 |
|  | DCW Ltd. | 319843 | 227950 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Ddev Plastiks <br> Industries Ltd.<br>| 7600 | $25794 |
|  | Deep Industries Ltd. | 8372 | 45557 |
|  | Deepak Fertilisers & <br> Petrochemicals <br> Corp. Ltd.<br>| 187415 | 3139150 |
|  | Deepak Nitrite Ltd. | 139098 | 2699239 |
| \* | Delhivery Ltd. | 310951 | 1633753 |
|  | Delta Corp. Ltd. | 446857 | 391989 |
| \* | DEN Networks Ltd. | 70020 | 26196 |
| \* | Devyani International <br> Ltd.<br>| 10784 | 19588 |
|  | Dhanuka Agritech <br> Ltd.<br>| 38001 | 583975 |
| \* | Digitide Solutions Ltd. | 139386 | 250086 |
| Ω | Dilip Buildcon Ltd. | 40150 | 223694 |
| \* | Dishman Carbogen <br> Amcis Ltd.<br>| 171479 | 562763 |
|  | Dixon Technologies <br> India Ltd.<br>| 6667 | 1162568 |
|  | D-Link India Ltd. | 2113 | 10920 |
|  | Dodla Dairy Ltd. | 3259 | 47517 |
|  | Dollar Industries Ltd. | 9764 | 39298 |
| Ω | Dr. Lal PathLabs Ltd. | 104974 | 3712772 |
|  | Dwarikesh Sugar <br> Industries Ltd.<br>| 181312 | 88710 |
|  | Dynacons Systems & <br> Solutions Ltd.<br>| 988 | 10229 |
|  | Dynamatic <br> Technologies Ltd.<br>| 1737 | 154624 |
|  | eClerx Services Ltd. | 89380 | 4762216 |
|  | Edelweiss Financial <br> Services Ltd.<br>| 1280420 | 1633856 |
| \* | EID Parry India Ltd. | 250294 | 3031532 |
|  | EIH Associated <br> Hotels<br>| 17756 | 76284 |
|  | EIH Ltd. | 200059 | 877954 |
|  | Elecon Engineering <br> Co. Ltd.<br>| 34246 | 216151 |
| \* | Electronics Mart India <br> Ltd.<br>| 12223 | 20799 |
|  | Electrosteel Castings <br> Ltd.<br>| 1333553 | 1372018 |
|  | Elgi Equipments Ltd. | 523096 | 2927567 |
|  | Emami Ltd. | 529450 | 3183106 |
| \* | Embassy <br> Developments Ltd.<br>| 1355104 | 1422710 |
| Ω | Endurance <br> Technologies Ltd.<br>| 53705 | 1716636 |
|  | Engineers India Ltd. | 737796 | 1672082 |
|  | Epigral Ltd. | 47103 | 896097 |
|  | EPL Ltd. | 374414 | 850317 |
| \*Ω | Equitas Small Finance <br> Bank Ltd.<br>| 928951 | 597705 |

---

1024

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| Ω | Eris Lifesciences Ltd. | 110810 | $1992961 |
|  | ESAB India Ltd. | 10199 | 562831 |
|  | Escorts Kubota Ltd. | 58332 | 2482923 |
| \* | Eureka Forbes Ltd. | 13565 | 85057 |
|  | Eveready Industries <br> India Ltd.<br>| 13245 | 56414 |
|  | Everest Industries <br> Ltd.<br>| 6545 | 43578 |
|  | Exide Industries Ltd. | 784422 | 3375529 |
|  | FDC Ltd. | 169618 | 885722 |
| \* | Federal-Mogul Goetze <br> India Ltd.<br>| 26987 | 139550 |
|  | FIEM Industries Ltd. | 19282 | 452475 |
|  | Fine Organic <br> Industries Ltd.<br>| 14450 | 720812 |
| \* | Fino Payments Bank <br> Ltd.<br>| 13562 | 43202 |
|  | Finolex Cables Ltd. | 247461 | 2192364 |
|  | Finolex Industries Ltd. | 891098 | 1880765 |
|  | Firstsource Solutions <br> Ltd.<br>| 1067513 | 4255417 |
|  | Force Motors Ltd. | 12314 | 2454324 |
|  | Fortis Healthcare Ltd. | 1206723 | 13920681 |
|  | Gabriel India Ltd. | 222859 | 3187347 |
|  | Galaxy Surfactants <br> Ltd.<br>| 16663 | 418256 |
|  | Ganesh Housing Ltd. | 27513 | 256685 |
|  | Ganesha Ecosphere <br> Ltd.<br>| 2337 | 31811 |
|  | Garware Technical <br> Fibres Ltd.<br>| 172950 | 1485426 |
|  | Gateway Distriparks <br> Ltd.<br>| 989201 | 712216 |
|  | GE Vernova T&D <br> India Ltd.<br>| 41617 | 1420903 |
|  | Genus Power <br> Infrastructures Ltd.<br>| 8588 | 32678 |
|  | GHCL Ltd. | 188128 | 1349010 |
|  | GHCL Textiles Ltd. | 185148 | 161440 |
|  | GIC Housing Finance <br> Ltd.<br>| 94840 | 186840 |
|  | Gillette India Ltd. | 18742 | 1901264 |
| Ω | Gland Pharma Ltd. | 1875 | 40745 |
|  | GlaxoSmithKline <br> Pharmaceuticals <br> Ltd.<br>| 30292 | 893185 |
|  | Glenmark <br> Pharmaceuticals <br> Ltd.<br>| 294693 | 6275208 |
|  | Global Health Ltd. | 25989 | 382891 |
|  | GMM Pfaudler Ltd. | 38587 | 561242 |
|  | Godawari Power & <br> Ispat Ltd.<br>| 547630 | 1737556 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Godfrey Phillips India <br> Ltd.<br>| 137601 | $4774885 |
| Ω | Godrej Agrovet Ltd. | 48105 | 360148 |
| \* | Godrej Industries Ltd. | 179235 | 2241698 |
|  | Goldiam International <br> Ltd.<br>| 8869 | 35721 |
|  | Goodyear India Ltd. | 287 | 3171 |
|  | Granules India Ltd. | 409109 | 2608969 |
|  | Graphite India Ltd. | 200922 | 1409237 |
|  | Grauer & Weil India <br> Ltd.<br>| 54225 | 51760 |
|  | Gravita India Ltd. | 46021 | 862997 |
|  | Great Eastern <br> Shipping Co. Ltd. <br>| 267452 | 3306439 |
|  | Greaves Cotton Ltd. | 294290 | 754879 |
|  | Greenlam Industries <br> Ltd.<br>| 91568 | 273169 |
|  | Greenpanel Industries <br> Ltd.<br>| 82480 | 265822 |
|  | Greenply Industries <br> Ltd.<br>| 97847 | 336154 |
|  | Grindwell Norton Ltd. | 113848 | 2154372 |
|  | Gujarat Alkalies & <br> Chemicals Ltd.<br>| 97139 | 625576 |
|  | Gujarat Ambuja <br> Exports Ltd.<br>| 487116 | 578650 |
|  | Gujarat <br> Fluorochemicals <br> Ltd.<br>| 69796 | 2943983 |
|  | Gujarat Industries <br> Power Co. Ltd.<br>| 176262 | 361995 |
|  | Gujarat Mineral <br> Development Corp. <br> Ltd.<br>| 235508 | 1571309 |
|  | Gujarat Narmada <br> Valley Fertilizers & <br> Chemicals Ltd.<br>| 225643 | 1276239 |
|  | Gujarat Pipavav Port <br> Ltd.<br>| 689131 | 1293279 |
|  | Gujarat State <br> Fertilizers & <br> Chemicals Ltd.<br>| 646462 | 1388826 |
|  | Gujarat State Petronet <br> Ltd.<br>| 856449 | 2983280 |
|  | Gujarat Themis <br> Biosyn Ltd.<br>| 7155 | 37558 |
|  | Gulf Oil Lubricants <br> India Ltd.<br>| 44273 | 616446 |
|  | Happiest Minds <br> Technologies Ltd.<br>| 10920 | 63295 |
| \* | Hathway Cable & <br> Datacom Ltd.<br>| 362523 | 56433 |

---

1025

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Hatsun Agro Product <br> Ltd.<br>| 126989 | $1581603 |
|  | HBL Engineering Ltd. | 305656 | 3449165 |
| \* | HealthCare Global <br> Enterprises Ltd.<br>| 71139 | 598435 |
|  | HEG Ltd. | 188405 | 1249290 |
|  | HeidelbergCement <br> India Ltd.<br>| 200096 | 441468 |
|  | Heritage Foods Ltd. | 117371 | 637802 |
|  | Hester Biosciences <br> Ltd.<br>| 7803 | 140541 |
|  | HFCL Ltd. | 2094768 | 1731557 |
|  | HG Infra Engineering <br> Ltd.<br>| 48180 | 498810 |
|  | Hikal Ltd. | 161317 | 434119 |
|  | Himadri Speciality <br> Chemical Ltd.<br>| 640903 | 3465203 |
|  | Himatsingka Seide <br> Ltd.<br>| 28673 | 40036 |
|  | Hinduja Global <br> Solutions Ltd.<br>| 30211 | 176704 |
|  | Hindustan Copper <br> Ltd.<br>| 654730 | 2506328 |
| \* | Hindustan Foods Ltd. | 5171 | 30653 |
| \* | Hindustan Oil <br> Exploration Co. <br> Ltd.<br>| 190919 | 329489 |
| \* | Hindware Home <br> Innovation Ltd.<br>| 41066 | 170202 |
|  | Hitachi Energy India <br> Ltd.<br>| 7057 | 1410731 |
|  | HI-Tech Pipes Ltd. | 36674 | 47265 |
| Ω | Home First Finance <br> Co. India Ltd.<br>| 5635 | 75853 |
|  | Honda India Power <br> Products Ltd.<br>| 12211 | 358828 |
| \* | Hubtown Ltd. | 37801 | 127419 |
|  | Huhtamaki India Ltd. | 62912 | 172662 |
|  | ICICI Bank Ltd. <br> (ICICIBC IN)<br>| 128687 | 1950237 |
|  | ICRA Ltd. | 7574 | 546071 |
|  | IDFC First Bank Ltd. | 1186227 | 1091304 |
| \* | IFB Industries Ltd. | 32347 | 681289 |
|  | IIFL Capital Services <br> Ltd.<br>| 183211 | 708113 |
| \* | IIFL Finance Ltd. | 592303 | 3566178 |
| \* | Imagicaaworld <br> Entertainment Ltd.<br>| 17673 | 10306 |
| \* | India Cements Ltd. | 203480 | 919809 |
|  | India Glycols Ltd. | 82498 | 898035 |
|  | India Nippon <br> Electricals Ltd.<br>| 2300 | 24866 |
| Ω | IndiaMart InterMesh <br> Ltd.<br>| 4196 | 116273 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| Ω | Indian Energy <br> Exchange Ltd.<br>| 648442 | $1016721 |
|  | Indian Metals & Ferro <br> Alloys Ltd.<br>| 2364 | 31967 |
|  | Indigo Paints Ltd. | 2852 | 32235 |
|  | Indo Count Industries <br> Ltd.<br>| 183077 | 587166 |
| \* | Indo Tech <br> Transformers Ltd.<br>| 534 | 10162 |
|  | Indoco Remedies Ltd. | 113141 | 357338 |
|  | Indraprastha Gas Ltd. | 1060760 | 2528685 |
| \* | Infibeam Avenues <br> Ltd.<br>| 3603542 | 725358 |
|  | Ingersoll Rand India <br> Ltd.<br>| 22602 | 969281 |
| \* | Innova Captab Ltd. | 387 | 3606 |
|  | INOX India Ltd. | 1832 | 24500 |
| \* | Inox Wind Ltd. | 141213 | 246073 |
| \* | Insecticides India Ltd. | 5021 | 40960 |
|  | Intellect Design Arena <br> Ltd.<br>| 208310 | 2644614 |
|  | IOL Chemicals & <br> Pharmaceuticals <br> Ltd.<br>| 235470 | 244913 |
|  | ION Exchange India <br> Ltd.<br>| 18418 | 82987 |
|  | Ipca Laboratories Ltd. | 355021 | 5077891 |
|  | IRB Infrastructure <br> Developers Ltd.<br>| 570715 | 288491 |
| Ω | IRCON International <br> Ltd.<br>| 843731 | 1609680 |
|  | ISGEC Heavy <br> Engineering Ltd.<br>| 48631 | 479574 |
|  | J Kumar Infraprojects <br> Ltd.<br>| 94348 | 702832 |
|  | Jagran Prakashan <br> Ltd.<br>| 9409 | 7686 |
| \* | Jai Balaji Industries <br> Ltd.<br>| 14486 | 15390 |
|  | Jai Corp. Ltd. | 79802 | 148248 |
| \* | Jaiprakash Power <br> Ventures Ltd.<br>| 9172137 | 1862090 |
|  | Jammu & Kashmir <br> Bank Ltd. <br>| 877546 | 1048455 |
|  | Jamna Auto Industries <br> Ltd.<br>| 584889 | 623310 |
|  | Jash Engineering Ltd. | 1312 | 7164 |
|  | JB Chemicals & <br> Pharmaceuticals <br> Ltd.<br>| 262387 | 4957075 |
|  | JBM Auto Ltd. | 127544 | 953046 |
|  | Jindal Drilling & <br> Industries Ltd.<br>| 3541 | 22882 |
|  | Jindal Poly Films Ltd. | 54125 | 345946 |

---

1026

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Jindal Saw Ltd. | 1093256 | $2161202 |
|  | Jindal Stainless Ltd. | 501108 | 4253881 |
|  | JK Cement Ltd. | 100119 | 7023666 |
|  | JK Lakshmi Cement <br> Ltd.<br>| 173591 | 1701728 |
|  | JK Paper Ltd. | 225536 | 1013815 |
|  | JK Tyre & Industries <br> Ltd.<br>| 318098 | 1543874 |
|  | JM Financial Ltd. | 1282474 | 2364991 |
|  | JTEKT India Ltd. | 176906 | 310706 |
|  | Jubilant Foodworks <br> Ltd.<br>| 678421 | 4582654 |
|  | Jubilant Ingrevia Ltd. | 413662 | 3213098 |
|  | Jubilant Pharmova <br> Ltd.<br>| 237531 | 2915210 |
|  | Jupiter Wagons Ltd. | 20307 | 73491 |
| \* | Just Dial Ltd. | 52876 | 459907 |
|  | Jyothy Labs Ltd. | 475110 | 1685063 |
|  | Kajaria Ceramics Ltd. | 283766 | 3838914 |
|  | Kalpataru Projects <br> International Ltd.<br>| 277203 | 3919155 |
|  | Kalyani Steels Ltd. | 73704 | 719557 |
|  | Kansai Nerolac Paints <br> Ltd.<br>| 174538 | 489630 |
|  | Karnataka Bank Ltd.  | 716085 | 1447322 |
|  | Karur Vysya Bank Ltd. <br>| 1700664 | 4665705 |
|  | Kaveri Seed Co. Ltd. | 69408 | 814646 |
|  | KCP Ltd.  | 138614 | 318509 |
|  | KDDL Ltd. | 1486 | 41886 |
|  | KEC International Ltd. | 324440 | 2985514 |
|  | KEI Industries Ltd. | 81334 | 3686898 |
| \* | Kellton Tech Solutions <br> Ltd.<br>| 43330 | 10705 |
|  | Kennametal India Ltd. | 10951 | 257214 |
|  | Kewal Kiran Clothing <br> Ltd.<br>| 25556 | 148802 |
|  | Keystone Realtors <br> Ltd.<br>| 2383 | 15302 |
|  | Kfin Technologies Ltd. | 12712 | 157091 |
|  | Kirloskar Brothers <br> Ltd.<br>| 62533 | 1322169 |
|  | Kirloskar Ferrous <br> Industries Ltd.<br>| 87132 | 504103 |
|  | Kirloskar Industries <br> Ltd.<br>| 264 | 11269 |
|  | Kirloskar Oil Engines <br> Ltd.<br>| 224138 | 2522351 |
|  | Kirloskar Pneumatic <br> Co. Ltd.<br>| 3688 | 46491 |
|  | Kitex Garments Ltd. | 22541 | 52971 |
|  | KNR Constructions <br> Ltd.<br>| 385133 | 787491 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Kolte-Patil Developers <br> Ltd.<br>| 59333 | $286337 |
|  | KPIT Technologies <br> Ltd.<br>| 110248 | 1449562 |
|  | KPR Mill Ltd. | 385837 | 4644274 |
|  | KRBL Ltd. | 147046 | 618489 |
| \*Ω | Krishna Institute of <br> Medical Sciences <br> Ltd.<br>| 276690 | 2245774 |
|  | Krsnaa Diagnostics <br> Ltd.<br>| 12943 | 113166 |
|  | KSB Ltd. | 233155 | 2082526 |
|  | L&T Finance Ltd. | 799887 | 2436752 |
|  | LA Opala RG Ltd. | 64084 | 165644 |
|  | Landmark Cars Ltd. | 4134 | 29619 |
| Ω | Laurus Labs Ltd. | 780770 | 8397607 |
|  | Laxmi Organic <br> Industries Ltd.<br>| 7409 | 16287 |
| \*Ω | Lemon Tree Hotels <br> Ltd.<br>| 626352 | 1163445 |
|  | LG Balakrishnan & <br> Bros Ltd.<br>| 51169 | 818258 |
|  | LIC Housing Finance <br> Ltd.<br>| 605311 | 3901307 |
|  | Linde India Ltd. | 16790 | 1136136 |
|  | Lloyds Engineering <br> Works Ltd.<br>| 172201 | 107964 |
|  | LMW Ltd. | 12051 | 2134649 |
|  | LT Foods Ltd. | 489233 | 2316310 |
|  | Lumax Auto <br> Technologies Ltd.<br>| 70535 | 897512 |
|  | Lumax Industries Ltd. | 3899 | 218592 |
|  | LUX Industries Ltd. | 15200 | 218911 |
|  | Madhya Bharat Agro <br> Products Ltd.<br>| 9367 | 43001 |
|  | Magellanic Cloud Ltd. | 117990 | 80440 |
|  | Mahanagar Gas Ltd. | 153748 | 2203663 |
|  | Maharashtra Scooters <br> Ltd.<br>| 3724 | 633089 |
|  | Maharashtra <br> Seamless Ltd.<br>| 190203 | 1218256 |
|  | Mahindra & Mahindra <br> Financial Services <br> Ltd.<br>| 1412703 | 5019388 |
| \* | Mahindra Holidays & <br> Resorts India Ltd.<br>| 232632 | 861859 |
|  | Mahindra Lifespace <br> Developers Ltd.<br>| 403177 | 1754158 |
|  | Maithan Alloys Ltd. | 14578 | 181528 |
| \* | Man Industries India <br> Ltd.<br>| 5439 | 25265 |
|  | Man Infraconstruction <br> Ltd.<br>| 287717 | 480694 |

---

1027

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Manappuram Finance <br> Ltd.<br>| 1740298 | $5306591 |
|  | Mangalam Cement <br> Ltd.<br>| 22675 | 198671 |
| \* | Mangalore Refinery & <br> Petrochemicals Ltd.<br>| 418494 | 781152 |
|  | Manorama Industries <br> Ltd.<br>| 3302 | 51535 |
|  | Marksans Pharma <br> Ltd.<br>| 647499 | 1334407 |
| Ω | MAS Financial <br> Services Ltd.<br>| 126392 | 434126 |
|  | Mastek Ltd. | 40922 | 985484 |
| \* | Max Estates Ltd. | 37603 | 198500 |
| \* | Max Financial <br> Services Ltd.<br>| 11941 | 207750 |
|  | Mayur Uniquoters <br> Ltd.<br>| 49436 | 299975 |
| Ω | Medi Assist <br> Healthcare Services <br> Ltd.<br>| 6179 | 39317 |
| \* | Medplus Health <br> Services Ltd.<br>| 17622 | 151100 |
| \* | Meghmani Organics <br> Ltd.<br>| 217839 | 197987 |
|  | Metro Brands Ltd. | 749 | 9536 |
| \*Ω | Metropolis Healthcare <br> Ltd.<br>| 54601 | 1216146 |
|  | Minda Corp. Ltd. | 188825 | 1198715 |
| Ω | Mishra Dhatu Nigam <br> Ltd.<br>| 119834 | 518110 |
|  | MM Forgings Ltd. | 13459 | 46963 |
|  | MOIL Ltd. | 185346 | 763402 |
|  | Monte Carlo Fashions <br> Ltd.<br>| 21677 | 170889 |
|  | Morepen Laboratories <br> Ltd.<br>| 1033156 | 553817 |
|  | Motherson Sumi <br> Wiring India Ltd.<br>| 6540150 | 3468100 |
|  | Motilal Oswal <br> Financial Services <br> Ltd.<br>| 367277 | 4037856 |
|  | MPS Ltd. | 1387 | 33860 |
|  | Mrs Bectors Food <br> Specialities Ltd.<br>| 59627 | 896896 |
|  | MSTC Ltd. | 94763 | 576312 |
|  | Narayana <br> Hrudayalaya Ltd.<br>| 208995 | 4126880 |
|  | Natco Pharma Ltd. | 286689 | 2645337 |
|  | National Aluminium <br> Co. Ltd.<br>| 1973316 | 5195153 |
|  | National Fertilizers <br> Ltd.<br>| 169354 | 178452 |
|  | Nava Ltd. | 226977 | 1581614 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Navneet Education <br> Ltd.<br>| 303914 | $551935 |
| \* | Nazara Technologies <br> Ltd.<br>| 19144 | 57299 |
|  | NCC Ltd. | 1200069 | 2876762 |
|  | NCL Industries Ltd. | 16947 | 37646 |
|  | NELCO Ltd. | 26439 | 258158 |
|  | Neogen Chemicals <br> Ltd.<br>| 9001 | 145959 |
|  | NESCO Ltd. | 76896 | 1188343 |
|  | Netweb Technologies <br> India Ltd.<br>| 6534 | 296493 |
| \* | Network18 Media & <br> Investments Ltd.<br>| 395050 | 212996 |
|  | Neuland Laboratories <br> Ltd.<br>| 18322 | 3413046 |
|  | Newgen Software <br> Technologies Ltd.<br>| 136406 | 1490986 |
|  | NIIT Learning <br> Systems Ltd.<br>| 284726 | 1051261 |
|  | NIIT Ltd. | 285432 | 335106 |
|  | Nilkamal Ltd. | 20926 | 355800 |
| Ω | Nippon Life India <br> Asset Management <br> Ltd.<br>| 216583 | 2133175 |
|  | NLC India Ltd. | 547232 | 1610411 |
|  | NOCIL Ltd. | 301922 | 628519 |
|  | Novartis India Ltd. | 790 | 7701 |
|  | NRB Bearings Ltd. | 156167 | 481493 |
|  | Nucleus Software <br> Exports Ltd.<br>| 27708 | 314119 |
|  | Nuvama Wealth <br> Management Ltd.<br>| 15204 | 1218846 |
| \* | Onesource Specialty <br> Pharma Ltd.<br>| 38105 | 793686 |
|  | Oracle Financial <br> Services Software <br> Ltd.<br>| 439 | 42123 |
|  | Orient Cement Ltd. | 247251 | 596478 |
|  | Orient Electric Ltd. | 270512 | 648295 |
| \* | Orient Green Power <br> Co. Ltd.<br>| 182448 | 28798 |
|  | Oriental Hotels Ltd. | 130729 | 181172 |
|  | Page Industries Ltd. | 261 | 120044 |
|  | Paisalo Digital Ltd. | 887687 | 378702 |
|  | Panama Petrochem <br> Ltd.<br>| 50945 | 153090 |
| Ω | Parag Milk Foods Ltd., <br> Class F<br>| 140518 | 491905 |
| \* | Patel Engineering <br> Ltd.<br>| 637171 | 267746 |
| \* | PC Jeweller Ltd. | 3986540 | 522496 |
|  | PCBL Chemical Ltd. | 52058 | 212092 |

---

1028

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Pearl Global <br> Industries Ltd.<br>| 1125 | $16608 |
| \* | Pennar Industries Ltd. | 4710 | 13862 |
|  | Petronet LNG Ltd. | 1160024 | 3672512 |
|  | PG Electroplast Ltd. | 6020 | 38693 |
|  | Phoenix Mills Ltd.  | 547808 | 10428837 |
| \* | Piramal Finance Ltd. | 294524 | 3729855 |
|  | Piramal Pharma Ltd. | 1199509 | 2710783 |
| Ω | PNB Housing Finance <br> Ltd.<br>| 346684 | 3626250 |
|  | PNC Infratech Ltd. | 280433 | 885485 |
|  | Poly Medicure Ltd. | 12396 | 279194 |
|  | Polyplex Corp. Ltd. | 53588 | 576297 |
|  | Pondy Oxides & <br> Chemicals Ltd.<br>| 2240 | 34722 |
| \* | Poonawalla Fincorp <br> Ltd.<br>| 421443 | 2285189 |
|  | Power Mech Projects <br> Ltd.<br>| 31344 | 878816 |
|  | Praj Industries Ltd. | 329877 | 1251042 |
|  | Prakash Industries <br> Ltd.<br>| 291132 | 537539 |
| Ω | Prataap Snacks Ltd. | 8396 | 103664 |
|  | Precision Wires India <br> Ltd.<br>| 5853 | 14835 |
|  | Prestige Estates <br> Projects Ltd.<br>| 184217 | 3633136 |
| \* | Pricol Ltd. | 140462 | 836300 |
| \* | Prism Johnson Ltd. | 417838 | 713988 |
|  | Privi Speciality <br> Chemicals Ltd.<br>| 5871 | 192137 |
|  | Procter & Gamble <br> Health Ltd.<br>| 28843 | 1998899 |
| \* | PTC India Financial <br> Services Ltd.<br>| 487922 | 199854 |
|  | PTC India Ltd. | 659382 | 1247464 |
| \* | Puravankara Ltd. | 12837 | 38582 |
| \* | PVR Inox Ltd. | 18334 | 248137 |
| Ω | Quess Corp. Ltd. | 58991 | 159253 |
|  | R Systems <br> International Ltd.<br>| 5753 | 27731 |
|  | Radico Khaitan Ltd. | 11102 | 391789 |
|  | Railtel Corp. of India <br> Ltd.<br>| 62758 | 259776 |
|  | Rain Industries Ltd. | 473275 | 711052 |
| \* | Rajesh Exports Ltd. | 5411 | 11050 |
|  | Rallis India Ltd. | 276838 | 804788 |
|  | Ram Ratna Wires <br> Ltd.<br>| 525 | 3664 |
|  | Ramco Cements Ltd. | 282898 | 3304098 |
|  | Ramco Industries Ltd. | 84907 | 336663 |
| \* | Ramco Systems Ltd. | 7706 | 54191 |
|  | Ramkrishna Forgings <br> Ltd.<br>| 194449 | 1186888 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Ramky Infrastructure <br> Ltd.<br>| 8084 | $57664 |
|  | Rane Holdings Ltd. | 10752 | 186624 |
|  | Rashtriya Chemicals <br> & Fertilizers Ltd.<br>| 485909 | 815076 |
| \* | Rategain Travel <br> Technologies Ltd.<br>| 10623 | 76241 |
|  | Ratnamani Metals & <br> Tubes Ltd.<br>| 90764 | 2467605 |
| \* | RattanIndia <br> Enterprises Ltd.<br>| 71110 | 41612 |
| \* | RattanIndia Power <br> Ltd.<br>| 3444681 | 423747 |
| \* | Raymond Lifestyle <br> Ltd.<br>| 94348 | 1255347 |
| \* | Raymond Ltd. | 117935 | 764584 |
| \* | Raymond Realty Ltd. | 117935 | 820459 |
| Ω | RBL Bank Ltd. | 241487 | 886538 |
|  | REC Ltd. | 23861 | 100773 |
|  | Redington Ltd. | 1877512 | 5375520 |
|  | Redtape Ltd. | 256716 | 393241 |
|  | Relaxo Footwears <br> Ltd.<br>| 100521 | 494167 |
|  | Reliance Industrial <br> Infrastructure Ltd.<br>| 22036 | 221943 |
| \* | Reliance Infrastructure <br> Ltd.<br>| 568950 | 1376155 |
| \* | Reliance Power Ltd. | 7901815 | 4106394 |
| \* | Religare Enterprises <br> Ltd.<br>| 32932 | 97966 |
|  | Repco Home Finance <br> Ltd.<br>| 104634 | 492411 |
| \* | Restaurant Brands <br> Asia Ltd.<br>| 56753 | 42808 |
|  | Rhi Magnesita India <br> Ltd.<br>| 2999 | 16212 |
|  | Rico Auto Industries <br> Ltd.<br>| 241078 | 225997 |
|  | RITES Ltd. | 278715 | 768930 |
|  | Rossari Biotech Ltd. | 18011 | 129754 |
| \* | RPSG Ventures Ltd. | 962 | 8906 |
|  | Safari Industries India <br> Ltd.<br>| 39729 | 949316 |
| \* | Sagar Cements Ltd. | 61724 | 156098 |
|  | Saksoft Ltd. | 3052 | 6715 |
| \* | Sammaan Capital <br> Ltd.<br>| 140241 | 296776 |
|  | Sandhar Technologies <br> Ltd.<br>| 11788 | 67841 |
|  | Sanghvi Movers Ltd. | 75230 | 335474 |
|  | Sanofi Consumer <br> Healthcare India <br> Ltd.<br>| 663 | 36504 |
|  | Sanofi India Ltd. | 28063 | 1513940 |

---

1029

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| Ω | Sansera Engineering <br> Ltd.<br>| 6469 | $109510 |
| \* | Sapphire Foods India <br> Ltd.<br>| 106376 | 343905 |
|  | Sarda Energy & <br> Minerals Ltd.<br>| 223926 | 1334575 |
|  | Saregama India Ltd. | 44108 | 224853 |
|  | Sasken Technologies <br> Ltd.<br>| 15674 | 242486 |
| \* | Satin Creditcare <br> Network Ltd.<br>| 56678 | 100008 |
|  | Savita Oil <br> Technologies Ltd.<br>| 44897 | 200418 |
| \* | SBFC Finance Ltd. | 102800 | 132585 |
|  | Schaeffler India Ltd. | 2890 | 131202 |
| \* | Schneider Electric <br> Infrastructure Ltd.<br>| 184071 | 1730395 |
| \* | SEAMEC Ltd. | 1657 | 16707 |
|  | Senco Gold Ltd. | 5182 | 18957 |
| \* | SEPC Ltd. | 696869 | 80890 |
| \* | Sequent Scientific <br> Ltd.<br>| 40907 | 99029 |
|  | Seshasayee Paper & <br> Boards Ltd.<br>| 74280 | 213711 |
| Ω | SH Kelkar & Co. Ltd. | 112725 | 280072 |
|  | Shaily Engineering <br> Plastics Ltd.<br>| 3288 | 83934 |
|  | Shakti Pumps India <br> Ltd.<br>| 34950 | 322609 |
|  | Shankara Buildpro <br> Ltd.<br>| 21255 | 176105 |
|  | Shanthi Gears Ltd. | 29927 | 165376 |
|  | Sharda Cropchem <br> Ltd.<br>| 67329 | 655902 |
|  | Sharda Motor <br> Industries Ltd.<br>| 18570 | 216807 |
| \* | Sheela Foam Ltd. | 2830 | 22171 |
|  | Shilpa Medicare Ltd. | 227758 | 902218 |
|  | Shipping Corp. of <br> India Land & Assets <br> Ltd.<br>| 371784 | 213516 |
|  | Shipping Corp. of <br> India Ltd.<br>| 451179 | 1316206 |
|  | Shivalik Bimetal <br> Controls Ltd.<br>| 6862 | 37845 |
| \* | Shoppers Stop Ltd. | 105248 | 606690 |
|  | Shriram Pistons & <br> Rings Ltd.<br>| 5961 | 175379 |
| \* | Shriram Properties <br> Ltd.<br>| 44886 | 47780 |
| \* | SIS Ltd. | 64401 | 242075 |
|  | Siyaram Silk Mills <br> Ltd.<br>| 26830 | 227828 |
|  | SJS Enterprises Ltd. | 7388 | 133984 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | SKF India Industrial <br> Ltd.<br>| 76229 | $2325737 |
|  | SKF India Ltd. | 76229 | 1823192 |
|  | Skipper Ltd. | 19548 | 114901 |
|  | SML Mahindra Ltd. | 614 | 21070 |
| \* | Snowman Logistics <br> Ltd.<br>| 17529 | 10084 |
|  | Sobha Ltd. | 113651 | 2072230 |
|  | Solar Industries India <br> Ltd.<br>| 547 | 85692 |
| \* | Solara Active Pharma <br> Sciences Ltd.<br>| 22354 | 151684 |
|  | Somany Ceramics <br> Ltd.<br>| 12126 | 62262 |
| Ω | Sona Blw Precision <br> Forgings Ltd.<br>| 35759 | 190644 |
|  | Sonata Software Ltd. | 493926 | 2063980 |
|  | South Indian Bank <br> Ltd.<br>| 5425753 | 2248450 |
|  | SP Apparels Ltd. | 4719 | 39387 |
| \* | Spandana Sphoorty <br> Financial Ltd.<br>| 3126 | 4476 |
|  | Star Cement Ltd. | 226872 | 653847 |
| \* | Star Health & Allied <br> Insurance Co. Ltd.<br>| 24843 | 138616 |
|  | Steelcast Ltd. | 10471 | 26415 |
| \* | Sterlite Technologies <br> Ltd.<br>| 539079 | 712747 |
| \* | STL Networks Ltd. | 539079 | 158922 |
|  | Stove Kraft Ltd. | 907 | 7963 |
|  | Strides Pharma <br> Science Ltd.<br>| 158565 | 1662134 |
| \* | Stylam Industries Ltd. | 10286 | 236279 |
|  | Styrenix Performance <br> Materials Ltd.<br>| 3705 | 98612 |
|  | Subros Ltd. | 75571 | 921335 |
|  | Sudarshan Chemical <br> Industries Ltd.<br>| 100071 | 1293537 |
|  | Sumitomo Chemical <br> India Ltd.<br>| 171787 | 971015 |
|  | Sun TV Network Ltd. | 252093 | 1593175 |
|  | Sundaram Finance <br> Ltd.<br>| 109402 | 5612365 |
|  | Sundram Fasteners <br> Ltd.<br>| 313352 | 3338889 |
| \* | Sundrop Brands Ltd. | 32513 | 288687 |
|  | Sunflag Iron & Steel <br> Co. Ltd.<br>| 74248 | 223870 |
|  | Sunteck Realty Ltd. | 131835 | 655726 |
|  | Suprajit Engineering <br> Ltd.<br>| 225030 | 1130418 |
|  | Supreme Industries <br> Ltd.<br>| 39021 | 1669989 |

---

1030

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Supreme Petrochem <br> Ltd.<br>| 295350 | $2496618 |
|  | Supriya Lifescience <br> Ltd.<br>| 6655 | 58220 |
|  | Surya Roshni Ltd. | 204204 | 675485 |
|  | Swan Corp. Ltd. | 26550 | 140849 |
|  | Swaraj Engines Ltd. | 19779 | 889693 |
|  | Symphony Ltd. | 1113 | 11714 |
| Ω | Syngene International <br> Ltd.<br>| 385900 | 2834109 |
|  | TAJGVK Hotels & <br> Resorts Ltd.<br>| 8263 | 39146 |
|  | Talbros Automotive <br> Components Ltd.<br>| 7745 | 25483 |
|  | Tamil Nadu Newsprint <br> & Papers Ltd.<br>| 45611 | 80124 |
|  | Tamilnad Mercantile <br> Bank Ltd.<br>| 9853 | 54774 |
|  | Tanla Platforms Ltd. | 104823 | 721807 |
| \* | TARC Ltd. | 153004 | 269903 |
|  | Tata Chemicals Ltd. | 359995 | 3615069 |
|  | Tata Consumer <br> Products Ltd.<br>| 18707 | 244993 |
|  | Tata Elxsi Ltd. | 2015 | 123718 |
|  | TCI Express Ltd. | 55854 | 427651 |
|  | TD Power Systems <br> Ltd.<br>| 162475 | 1384765 |
| \* | TeamLease Services <br> Ltd.<br>| 2962 | 56017 |
|  | Techno Electric & <br> Engineering Co. <br> Ltd.<br>| 186669 | 2794594 |
|  | Tega Industries Ltd. | 4511 | 98465 |
|  | Texmaco Rail & <br> Engineering Ltd.<br>| 584579 | 899255 |
|  | Thirumalai Chemicals <br> Ltd.<br>| 138878 | 442465 |
|  | Thomas Cook India <br> Ltd.<br>| 348484 | 628450 |
| Ω | Thyrocare <br> Technologies Ltd.<br>| 48504 | 752677 |
|  | Tilaknagar Industries <br> Ltd.<br>| 216288 | 1283173 |
|  | Time Technoplast Ltd. | 780386 | 1897291 |
|  | Timken India Ltd. | 81973 | 2930076 |
|  | Tips Music Ltd. | 13290 | 78792 |
|  | Titagarh Rail System <br> Ltd.<br>| 163671 | 1631764 |
|  | Torrent Power Ltd. | 194280 | 2880742 |
|  | Tourism Finance Corp. <br> of India Ltd.<br>| 693920 | 546197 |
|  | Transformers & <br> Rectifiers India Ltd.<br>| 8248 | 41312 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | TransIndia Real <br> Estate Ltd.<br>| 6734 | $2192 |
|  | Transport Corp. of <br> India Ltd.<br>| 96643 | 1303541 |
|  | Trident Ltd. | 4096218 | 1318835 |
|  | Triveni Engineering & <br> Industries Ltd.<br>| 253714 | 1022328 |
|  | Triveni Turbine Ltd. | 387061 | 2325414 |
|  | TTK Prestige Ltd. | 141160 | 1070747 |
|  | Tube Investments of <br> India Ltd.<br>| 80258 | 2729288 |
|  | TVS Holdings Ltd. | 12192 | 2081511 |
|  | TVS Srichakra Ltd. | 7720 | 359748 |
| \* | TVS Supply Chain <br> Solutions Ltd.<br>| 8682 | 12592 |
|  | Uflex Ltd. | 108416 | 660612 |
| \* | Ugro Capital Ltd. | 105257 | 216659 |
| \*Ω | Ujjivan Small Finance <br> Bank Ltd.<br>| 3938057 | 2302597 |
| \* | Unichem Laboratories <br> Ltd.<br>| 96528 | 514308 |
|  | UNO Minda Ltd. | 171664 | 2383527 |
|  | Usha Martin Ltd. | 399004 | 2074569 |
|  | UTI Asset <br> Management Co. <br> Ltd.<br>| 91049 | 1280465 |
|  | VA Tech Wabag Ltd. | 109564 | 1740310 |
|  | Vadilal Industries Ltd. | 270 | 16115 |
|  | Vaibhav Global Ltd. | 225817 | 680312 |
| \* | Valor Estate Ltd. | 179173 | 300110 |
|  | Vardhman Textiles <br> Ltd.<br>| 450962 | 2228985 |
| Ω | Varroc Engineering <br> Ltd.<br>| 104357 | 720072 |
|  | Vedant Fashions Ltd. | 27900 | 202573 |
|  | Veedol Corp. Ltd. | 17302 | 344609 |
|  | Venky's India Ltd. | 15400 | 262144 |
| Ω | Venus Pipes & Tubes <br> Ltd.<br>| 729 | 10531 |
|  | Vesuvius India Ltd. | 183230 | 1017088 |
|  | V-Guard Industries <br> Ltd.<br>| 543229 | 2217732 |
|  | Vijaya Diagnostic <br> Centre Ltd.<br>| 11793 | 131393 |
|  | Vimta Labs Ltd. | 35296 | 287045 |
|  | Vinati Organics Ltd. | 91094 | 1694318 |
|  | Vindhya Telelinks Ltd. | 13559 | 207466 |
| \* | VL E-Governance & <br> IT Solutions Ltd.<br>| 55160 | 14889 |
|  | Voltamp Transformers <br> Ltd.<br>| 13143 | 1099973 |
|  | Voltas Ltd. | 14816 | 230173 |
|  | VRL Logistics Ltd. | 199560 | 628532 |
|  | VST Industries Ltd. | 187500 | 550630 |

---

1031

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | VST Tillers Tractors <br> Ltd.<br>| 13066 | $882631 |
| \* | Walchandnagar <br> Industries Ltd.<br>| 3493 | 7008 |
| \* | Websol Energy <br> System Ltd.<br>| 9038 | 124932 |
|  | Welspun Corp. Ltd. | 393665 | 4271851 |
|  | Welspun Enterprises <br> Ltd.<br>| 232271 | 1465676 |
|  | Welspun Living Ltd. | 1125113 | 1636549 |
|  | West Coast Paper <br> Mills Ltd.<br>| 100504 | 513848 |
|  | Westlife Foodworld <br> Ltd.<br>| 150310 | 1010990 |
|  | Whirlpool of India Ltd. | 36837 | 575568 |
| \* | Wockhardt Ltd. | 165786 | 2387671 |
|  | Wonderla Holidays <br> Ltd.<br>| 34714 | 223153 |
|  | Yasho Industries Ltd. | 332 | 5966 |
|  | Zensar Technologies <br> Ltd.<br>| 344704 | 3087995 |
|  | Zydus Wellness Ltd. | 146530 | 788135 |
| TOTAL INDIA | TOTAL INDIA |  | 779080292 |
| INDONESIA — (1.4%) | INDONESIA — (1.4%) | INDONESIA — (1.4%) | INDONESIA — (1.4%) |
|  | ABM Investama Tbk. <br> PT<br>| 595600 | 105966 |
|  | Adi Sarana Armada <br> Tbk. PT<br>| 1645000 | 105253 |
|  | AKR Corporindo Tbk. <br> PT<br>| 15011200 | 1101863 |
| \* | Alam Sutera Realty <br> Tbk. PT<br>| 8340900 | 81177 |
|  | Aneka Tambang Tbk. <br> PT<br>| 4168100 | 775298 |
| \*†† | Armidian Karyatama <br> Tbk. PT<br>| 844800 | 0 |
|  | Arwana Citramulia <br> Tbk. PT<br>| 7500300 | 247817 |
|  | Aspirasi Hidup <br> Indonesia Tbk. PT<br>| 2640200 | 70446 |
|  | Astra Agro Lestari <br> Tbk. PT<br>| 187200 | 87831 |
|  | Astra Otoparts Tbk. <br> PT<br>| 2355600 | 361321 |
|  | Avia Avian Tbk. PT | 8437100 | 209796 |
| \*†† | Bakrie Telecom Tbk. <br> PT<br>| 49756298 | 0 |
| \* | Bank Aladin Syariah <br> Tbk. PT<br>| 2355800 | 133099 |
|  | Bank BTPN Syariah <br> Tbk. PT<br>| 1660900 | 136706 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
| \* | Bank Ganesha Tbk. <br> PT<br>| 12836200 | $87230 |
| \* | Bank Ina Perdana PT | 3565300 | 961165 |
| \* | Bank Jago Tbk. PT | 1476700 | 193999 |
| \* | Bank Mayapada <br> International Tbk. <br> PT<br>| 1718100 | 25006 |
|  | Bank Maybank <br> Indonesia Tbk. PT<br>| 1517400 | 18793 |
| \* | Bank Neo Commerce <br> Tbk. PT<br>| 8640800 | 201707 |
|  | Bank OCBC Nisp Tbk. <br> PT<br>| 6517100 | 538506 |
|  | Bank Pan Indonesia <br> Tbk. PT<br>| 11783200 | 730636 |
|  | Bank Pembangunan <br> Daerah Jawa Barat <br> Dan Banten Tbk. <br> PT<br>| 5052912 | 244594 |
|  | Bank Pembangunan <br> Daerah Jawa Timur <br> Tbk. PT<br>| 6590400 | 215954 |
|  | Bank Tabungan <br> Negara Persero <br> Tbk. PT<br>| 7872125 | 578851 |
|  | BFI Finance Indonesia <br> Tbk. PT<br>| 10392800 | 502534 |
|  | BISI International Tbk. <br> PT<br>| 1503000 | 80394 |
|  | Blue Bird Tbk. PT | 749200 | 79745 |
| \* | Buana Lintas Lautan <br> Tbk. PT<br>| 14502300 | 189735 |
| \* | Bukalapak.com Tbk. <br> PT<br>| 45243600 | 457067 |
|  | Bukit Asam Tbk. PT | 9041900 | 1304068 |
| \* | Buma Internasional <br> Grup Tbk. PT<br>| 13195400 | 271028 |
| \* | Bumi Resources <br> Minerals Tbk. PT<br>| 14451800 | 798421 |
| \* | Bumi Serpong Damai <br> Tbk. PT<br>| 8389700 | 493240 |
| \* | Capital Financial <br> Indonesia Tbk. PT<br>| 5320900 | 350295 |
| \* | Cemindo Gemilang <br> PT<br>| 4341500 | 201007 |
| Ω | Cikarang Listrindo <br> Tbk. PT<br>| 4220900 | 178914 |
|  | Ciputra Development <br> Tbk. PT<br>| 28002520 | 1487540 |
|  | Cisarua Mountain <br> Dairy Tbk. PT<br>| 194200 | 66246 |

---

1032

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
| \* | Citra Marga <br> Nusaphala Persada <br> Tbk. PT<br>| 13896403 | $1084866 |
| \* | City Retail <br> Developments Tbk. <br> PT<br>| 12056400 | 201722 |
| \* | Darma Henwa Tbk. <br> PT<br>| 12726000 | 255095 |
|  | Dharma Satya <br> Nusantara Tbk. PT<br>| 5886600 | 667924 |
| \* | Eagle High <br> Plantations Tbk. PT<br>| 4255600 | 38855 |
|  | Elang Mahkota <br> Teknologi Tbk. PT<br>| 11907200 | 846347 |
|  | Elnusa Tbk. PT | 7160900 | 219790 |
| \* | Energi Mega Persada <br> Tbk. PT<br>| 12486100 | 619552 |
|  | Erajaya Swasembada <br> Tbk. PT<br>| 23884400 | 608505 |
|  | ESSA Industries <br> Indonesia Tbk. PT<br>| 16908600 | 624948 |
|  | Gajah Tunggal Tbk. <br> PT<br>| 3960900 | 247741 |
|  | Garudafood Putra <br> Putri Jaya Tbk. PT<br>| 12792600 | 276763 |
|  | Gudang Garam Tbk. <br> PT<br>| 221800 | 230802 |
| \* | Harum Energy Tbk. <br> PT<br>| 5295600 | 372190 |
|  | Hexindo Adiperkasa <br> Tbk. PT<br>| 241400 | 67499 |
| \* | Impack Pratama <br> Industri Tbk. PT<br>| 11041600 | 1565189 |
|  | Indah Kiat Pulp & <br> Paper Tbk. PT<br>| 2373700 | 1061600 |
|  | Indika Energy Tbk. <br> PT<br>| 5449000 | 683998 |
|  | Indo Tambangraya <br> Megah Tbk. PT<br>| 576200 | 813713 |
|  | Indocement Tunggal <br> Prakarsa Tbk. PT<br>| 696600 | 261492 |
| \* | Industri dan <br> Perdagangan <br> Bintraco Dharma <br> Tbk. PT<br>| 11088500 | 87412 |
|  | Industri Jamu Dan <br> Farmasi Sido <br> Muncul Tbk. PT<br>| 21385746 | 719850 |
| \*†† | Inti Agri Resources <br> Tbk. PT<br>| 92782800 | 0 |
|  | Japfa Comfeed <br> Indonesia Tbk. PT<br>| 12888400 | 1942512 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Jasa Marga Persero <br> Tbk. PT<br>| 3708100 | $795814 |
|  | Jaya Real Property <br> Tbk. PT<br>| 10463000 | 540492 |
|  | Kawasan Industri <br> Jababeka Tbk. PT<br>| 72814457 | 835492 |
| \* | Krakatau Steel <br> Persero Tbk. PT<br>| 682200 | 13682 |
| \* | Lippo Karawaci Tbk. <br> PT<br>| 4930700 | 26380 |
|  | Map Aktif Adiperkasa <br> PT<br>| 11221900 | 471212 |
| \* | MD Entertainment <br> Tbk. PT<br>| 3100510 | 1057574 |
|  | Medco Energi <br> Internasional Tbk. <br> PT<br>| 17296406 | 1384084 |
| \* | Media Nusantara Citra <br> Tbk. PT<br>| 9058900 | 145932 |
|  | Medikaloka Hermina <br> Tbk. PT<br>| 13636800 | 1231291 |
|  | Mega Manunggal <br> Property Tbk. PT<br>| 235100 | 7845 |
| \* | Merdeka Battery <br> Materials Tbk. PT<br>| 2693400 | 101769 |
| \* | Metro Healthcare <br> Indonesia Tbk. PT<br>| 3892600 | 75331 |
|  | Metrodata Electronics <br> Tbk. PT<br>| 15657100 | 573969 |
|  | Metropolitan Kentjana <br> Tbk. PT<br>| 100200 | 143041 |
|  | Mitra Adiperkasa Tbk. <br> PT<br>| 25360200 | 1964382 |
|  | Mitra Keluarga <br> Karyasehat Tbk. <br> PT<br>| 2441100 | 378799 |
|  | Mitra Pinasthika <br> Mustika Tbk. PT<br>| 3883000 | 226423 |
| \* | MNC Digital <br> Entertainment Tbk. <br> PT<br>| 5496700 | 166878 |
| \* | MNC Tourism <br> Indonesia Tbk. PT<br>| 53765700 | 471492 |
|  | Nippon Indosari <br> Corpindo Tbk. PT<br>| 72489 | 3487 |
| Ω | Nusantara Sejahtera <br> Raya Tbk. PT<br>| 7027000 | 50338 |
|  | Pabrik Kertas Tjiwi <br> Kimia Tbk. PT<br>| 2865500 | 1199849 |
| \* | Pacific Strategic <br> Financial Tbk. PT<br>| 7682100 | 519678 |
|  | Pakuwon Jati Tbk. PT | 29198500 | 645239 |
|  | Pam Mineral Tbk. PT | 322400 | 19189 |

---

1033

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
| \* | Panin Financial Tbk. <br> PT<br>| 49629800 | $715531 |
| \* | Paninvest Tbk. PT | 2190800 | 106049 |
|  | Perusahaan Gas <br> Negara Tbk. PT<br>| 22581600 | 2361049 |
|  | Perusahaan <br> Perkebunan London <br> Sumatra Indonesia <br> Tbk. PT<br>| 5475500 | 462193 |
| \*†† | Pool Advista <br> Indonesia Tbk. PT<br>| 10473500 | 5904 |
| \* | PP Persero Tbk. PT | 1088400 | 24972 |
|  | Puradelta Lestari Tbk. <br> PT<br>| 7585600 | 60604 |
| \*†† | Rimo International <br> Lestari Tbk. PT<br>| 211251900 | 0 |
|  | Rukun Raharja Tbk. <br> PT<br>| 650300 | 158363 |
|  | Salim Ivomas Pratama <br> Tbk. PT<br>| 5132700 | 192579 |
|  | Sampoerna Agro Tbk. <br> PT<br>| 1315600 | 397380 |
|  | Samudera Indonesia <br> Tbk. PT<br>| 6416000 | 121942 |
| \* | Sarana Meditama <br> Metropolitan Tbk. <br> PT<br>| 951700 | 17411 |
|  | Sarana Menara <br> Nusantara Tbk. PT<br>| 12033600 | 393838 |
|  | Sariguna Primatirta <br> Tbk. PT<br>| 11881800 | 385432 |
|  | Sawit Sumbermas <br> Sarana Tbk. PT<br>| 6149000 | 595106 |
| \*†† | Sekawan Intipratama <br> Tbk. PT<br>| 9367900 | 0 |
|  | Selamat Sempurna <br> Tbk. PT<br>| 13041700 | 1505400 |
|  | Semen Indonesia <br> Persero Tbk. PT<br>| 2298400 | 380779 |
| \* | Siloam International <br> Hospitals Tbk. PT<br>| 242900 | 31677 |
| \*†† | Sri Rejeki Isman Tbk. <br> PT<br>| 35353931 | 0 |
|  | Summarecon Agung <br> Tbk. PT<br>| 7857146 | 184904 |
|  | Surya Citra Media <br> Tbk. PT<br>| 25537500 | 517880 |
|  | Surya Semesta <br> Internusa Tbk. PT<br>| 9721800 | 910786 |
| \*†† | Suryainti Permata <br> Tbk. PT<br>| 7252000 | 0 |
|  | TBS Energi Utama <br> Tbk. PT<br>| 1580900 | 76418 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Temas Tbk. PT | 8099600 | $63275 |
|  | Tempo Scan Pacific <br> Tbk. PT<br>| 1036600 | 177625 |
|  | Timah Tbk. PT | 8208514 | 1316999 |
| \*†† | Trada Alam Minera <br> Tbk. PT<br>| 180020800 | 0 |
|  | Transcoal Pacific Tbk. <br> PT<br>| 1729300 | 816100 |
|  | Trias Sentosa Tbk. <br> PT<br>| 32818400 | 941918 |
| \* | Trimegah Sekuritas <br> Indonesia Tbk. PT<br>| 1698100 | 53583 |
|  | Triputra Agro Persada <br> PT<br>| 9220900 | 1042959 |
|  | Tunas Baru Lampung <br> Tbk. PT<br>| 5040328 | 225711 |
|  | Ultrajaya Milk Industry <br> & Trading Co. Tbk. <br> PT<br>| 11353900 | 1024255 |
|  | Unggul Indah Cahaya <br> Tbk. PT<br>| 48239 | 25804 |
|  | Vale Indonesia Tbk. <br> PT<br>| 543200 | 154992 |
| \*†† | Waskita Karya <br> Persero Tbk. PT<br>| 30184766 | 68755 |
| \*†† | Wijaya Karya Persero <br> Tbk. PT<br>| 3114900 | 14329 |
| \* | Wir Asia Tbk. PT | 7205800 | 46482 |
|  | XLSMART Telecom <br> Sejahtera Tbk. PT<br>| 9293779 | 1458062 |
| TOTAL INDONESIA | TOTAL INDONESIA |  | 57258321 |
| KUWAIT — (0.8%) | KUWAIT — (0.8%) | KUWAIT — (0.8%) | KUWAIT — (0.8%) |
|  | A'ayan Leasing & <br> Investment Co. <br> KSCP<br>| 1325292 | 917301 |
|  | A'ayan Real Estate <br> Co. SAK<br>| 266314 | 128552 |
|  | Agility Public <br> Warehousing Co. <br> KSC<br>| 922002 | 452819 |
|  | Al Arabiya Real Estate <br> Co. KSC<br>| 139482 | 124449 |
|  | Al-Eid Food KSC | 235106 | 165551 |
|  | Ali Alghanim Sons <br> Automotive Co. <br> KSCC<br>| 246036 | 863592 |
| \* | Alimtiaz Investment <br> Group KSC<br>| 2255527 | 532128 |
| \*†† | Arabi Group Holding <br> KSC<br>| 502886 | 473786 |
|  | Arkan Al-Kuwait Real <br> Estate Co. KSC<br>| 23446 | 26663 |

---

1034

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
|  | Arzan Financial Group <br> for Financing & <br> Investment KPSC<br>| 1556227 | $1998043 |
| \* | Asiya Capital <br> Investments Co. <br> KSCP<br>| 1274953 | 240680 |
|  | Beyout Holding Co. <br> KPSC<br>| 19525 | 28074 |
|  | Boubyan <br> Petrochemicals Co. <br> KSCP<br>| 550377 | 1101255 |
|  | Boursa Kuwait <br> Securities Co. <br> KPSC<br>| 214044 | 2804909 |
| \* | Coast Investment & <br> Development Co. <br> KSCP<br>| 93132 | 24485 |
|  | Combined Group <br> Contracting Co. <br> SAK<br>| 202267 | 695005 |
|  | Commercial Facilities <br> Co. SAKP<br>| 28413 | 24529 |
|  | Commercial Real <br> Estate Co. KSC<br>| 3218090 | 2231943 |
| \* | First Investment Co. <br> KSCP<br>| 177773 | 91075 |
|  | Gulf Cables & <br> Electrical Industries <br> Group Co. KSCP<br>| 159607 | 1168358 |
|  | Heavy Engineering & <br> Ship Building Co. <br> KSCP<br>| 152527 | 470302 |
|  | Humansoft Holding <br> Co. KSC<br>| 200785 | 1619645 |
| \* | IFA Hotels & <br> Resorts-KPSC<br>| 50218 | 214017 |
|  | Injazzat Real Estate <br> Development Co. <br> KSCP<br>| 20071 | 12752 |
|  | Integrated Holding Co. <br> KCSC<br>| 338285 | 596114 |
|  | Jazeera Airways Co. <br> KSCP<br>| 72375 | 346234 |
|  | Kuwait Business Town <br> Real Estate Co. <br> KSCP<br>| 96989 | 33785 |
|  | Kuwait Cement Co. <br> KSC<br>| 94916 | 109831 |
|  | Kuwait Financial <br> Centre SAK<br>| 179517 | 103793 |
|  | Kuwait Insurance Co. <br> SAK<br>| 18311 | 34354 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
|  | Kuwait International <br> Bank KSCP<br>| 2037307 | $1776259 |
|  | Kuwait Investment Co. <br> SAK<br>| 428575 | 350942 |
| \* | Kuwait Real Estate <br> Co. KSC<br>| 2573010 | 3560551 |
|  | Kuwait <br> Telecommunications <br> Co.<br>| 124889 | 241746 |
| \* | Manazel Holding Co. <br> KSC<br>| 238291 | 49973 |
|  | Mezzan Holding Co. <br> KSCC<br>| 239144 | 929528 |
| \* | Munshaat Real Estate <br> Projects Co. KSCP<br>| 96326 | 71499 |
| \* | National Consumer <br> Holding Co. SAK<br>| 291415 | 110969 |
|  | National Industries <br> Group Holding SAK<br>| 2629725 | 2494334 |
|  | National Investments <br> Co. KSCP<br>| 1082323 | 1198042 |
|  | Oula Fuel Marketing <br> Co.<br>| 54910 | 54502 |
| \* | Privatization Holding <br> Co. KSCP<br>| 910033 | 253878 |
| \* | Rasiyat Holding Co. | 39627 | 49948 |
|  | Salhia Real Estate <br> Co. KSCP<br>| 858834 | 1173001 |
| \* | Securities House <br> KSC<br>| 634514 | 188811 |
|  | Shamal Az-Zour <br> Al-Oula for the First <br> Phase of Az-Zour <br> Power Plant KSC<br>| 768205 | 423113 |
|  | Specialities Group <br> Holding Co. KSCC<br>| 114737 | 66153 |
|  | Tijara & Real Estate <br> Investment Co. <br> KSCP<br>| 109338 | 35557 |
| \* | Warba Bank KSCP | 2403307 | 2271135 |
| TOTAL KUWAIT | TOTAL KUWAIT |  | 32933965 |
| MALAYSIA — (1.3%) | MALAYSIA — (1.3%) | MALAYSIA — (1.3%) | MALAYSIA — (1.3%) |
|  | 7-Eleven Malaysia <br> Holdings Bhd., <br> Class B<br>| 2072285 | 989782 |
| # | Able Global Bhd. | 59300 | 23628 |
| # | Aeon Co. M Bhd. | 1045200 | 314282 |
| # | AEON Credit Service <br> M Bhd.<br>| 624000 | 783847 |
| #\* | AFFIN Bank Bhd. | 513183 | 280654 |
|  | Ajinomoto Malaysia <br> Bhd.<br>| 43900 | 140583 |

---

1035

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | Alliance Bank <br> Malaysia Bhd.<br>| 1481011 | $1554126 |
|  | Allianz Malaysia Bhd. | 134100 | 575025 |
| # | AME Elite Consortium <br> Bhd.<br>| 201100 | 74362 |
|  | Ancom Nylex Bhd. | 1266198 | 280961 |
|  | Aurelius Technologies <br> Bhd.<br>| 251400 | 59918 |
| # | Bank Islam Malaysia <br> Bhd.<br>| 1307700 | 686984 |
| #\* | Berjaya Corp. Bhd. | 6025107 | 416804 |
| #\* | Berjaya Land Bhd. | 1516100 | 97607 |
| \* | Bermaz Auto Bhd. | 803100 | 128358 |
|  | British American <br> Tobacco Malaysia <br> Bhd.<br>| 25200 | 27686 |
| \* | Bumi Armada Bhd. | 876100 | 69072 |
| # | Bursa Malaysia Bhd. | 595400 | 1164566 |
| # | Cahya Mata Sarawak <br> Bhd.<br>| 1403100 | 531911 |
| # | Carlsberg Brewery <br> Malaysia Bhd.<br>| 370400 | 1461033 |
|  | CB Industrial Product <br> Holding Bhd.<br>| 550840 | 166986 |
|  | CCK Consolidated <br> Holdings Bhd.<br>| 145100 | 40511 |
| # | CTOS Digital Bhd. | 1010700 | 225588 |
| # | D&O Green <br> Technologies Bhd.<br>| 433000 | 128766 |
| # | Dayang Enterprise <br> Holdings Bhd.<br>| 1331175 | 473827 |
|  | DRB-Hicom Bhd. | 747200 | 224658 |
| # | Duopharma Biotech <br> Bhd.<br>| 1029238 | 307020 |
|  | Dutch Lady Milk <br> Industries Bhd.<br>| 79100 | 494462 |
|  | DXN Holdings Bhd. | 95600 | 11870 |
|  | Eastern & Oriental <br> Bhd.<br>| 894600 | 170621 |
|  | Eco World <br> Development Group <br> Bhd.<br>| 2221100 | 1091283 |
| \* | Econpile Holdings <br> Bhd.<br>| 686700 | 50696 |
|  | EG Industries Bhd. | 487000 | 159051 |
| #\* | Ekovest Bhd. | 2562050 | 204818 |
|  | FAR East Holdings <br> Bhd.<br>| 258300 | 255733 |
|  | Farm Fresh Bhd. | 695400 | 403539 |
| # | Formosa Prosonic <br> Industries Bhd.<br>| 56400 | 19377 |
| # | Frontken Corp. Bhd. | 2648750 | 2853018 |
| # | Gas Malaysia Bhd. | 597600 | 647209 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | Genetec Technology <br> Bhd.<br>| 285200 | $35275 |
| # | Genting Plantations <br> Bhd.<br>| 323800 | 392291 |
| \*†† | Golden Plus Holding <br> Bhd.<br>| 216000 | 0 |
| \* | Greatech Technology <br> Bhd.<br>| 489000 | 240782 |
| # | Guan Chong Bhd. | 360866 | 77352 |
|  | Hap Seng Plantations <br> Holdings Bhd.<br>| 170200 | 91895 |
| # | Hartalega Holdings <br> Bhd.<br>| 1714400 | 494206 |
|  | Hextar Global Bhd. | 1164300 | 251500 |
|  | Hextar Industries <br> Bhd.<br>| 495100 | 41959 |
|  | Hiap Teck Venture <br> Bhd.<br>| 2302700 | 156435 |
| # | Hibiscus Petroleum <br> Bhd.<br>| 1362519 | 465208 |
|  | Hong Leong Industries <br> Bhd.<br>| 350400 | 1149442 |
| # | Hume Cement <br> Industries Bhd.<br>| 25600 | 21385 |
|  | Hup Seng Industries <br> Bhd.<br>| 97200 | 23905 |
|  | IGB Bhd. | 999381 | 800169 |
| # | ITMAX SYSTEM Bhd. | 193600 | 209850 |
| # | Jaya Tiasa Holdings <br> Bhd.<br>| 973927 | 267370 |
| \* | JCY International <br> Bhd.<br>| 278300 | 28109 |
|  | Keck Seng Malaysia <br> Bhd.<br>| 289650 | 384033 |
| # | Kelington Group Bhd. | 631700 | 826469 |
| # | Kenanga Investment <br> Bank Bhd.<br>| 346300 | 70184 |
|  | Kerjaya Prospek <br> Group Bhd.<br>| 632890 | 420898 |
| # | Kim Loong Resources <br> Bhd.<br>| 838580 | 464341 |
| \* | Kinergy Advancement <br> Bhd.<br>| 665700 | 61168 |
|  | Kossan Rubber <br> Industries Bhd.<br>| 2721300 | 771347 |
|  | KPJ Healthcare Bhd. | 510000 | 345228 |
| # | Kretam Holdings Bhd. | 1129400 | 186114 |
| # | KSL Holdings Bhd. | 877933 | 628818 |
|  | Land & General Bhd. | 834700 | 30857 |
|  | LBS Bina Group Bhd. | 1676016 | 169931 |
| # | Leong Hup <br> International Bhd.<br>| 957700 | 149736 |
|  | Lianson Fleet Group <br> Bhd.<br>| 55800 | 27433 |

---

1036

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
| \*Ω | Lotte Chemical Titan <br> Holding Bhd.<br>| 626300 | $82087 |
| # | LPI Capital Bhd. | 397224 | 1363410 |
| # | Magni-Tech Industries <br> Bhd.<br>| 561433 | 285208 |
|  | Magnum Bhd. | 871263 | 289245 |
| # | Mah Sing Group Bhd. | 2487487 | 617081 |
| # | Malakoff Corp. Bhd. | 3759300 | 968810 |
|  | Malayan Cement <br> Bhd.<br>| 65700 | 107624 |
|  | Malayan Flour Mills <br> Bhd.<br>| 1438875 | 202763 |
| # | Malaysia Smelting <br> Corp. Bhd.<br>| 567200 | 186685 |
|  | Malaysian Pacific <br> Industries Bhd.<br>| 73600 | 525547 |
| # | Malaysian Resources <br> Corp. Bhd.<br>| 2940766 | 315443 |
| # | Matrix Concepts <br> Holdings Bhd.<br>| 3731005 | 1219998 |
| # | MBM Resources Bhd. | 418496 | 525677 |
| # | MBSB Bhd. | 821190 | 142044 |
|  | Mega First Corp. <br> Bhd.<br>| 1538100 | 1361132 |
| # | Mi Technovation Bhd. | 301700 | 226936 |
| # | MKH Bhd. | 589234 | 150190 |
|  | MKH Oil Palm East <br> Kalimantan Bhd.<br>| 148215 | 22462 |
|  | MN Holdings Bhd. | 114300 | 50867 |
| # | MNRB Holdings Bhd. | 667088 | 300645 |
|  | Muhibbah Engineering <br> M Bhd.<br>| 866825 | 111630 |
| # | Nationgate Holdings <br> Bhd.<br>| 110700 | 31059 |
| # | NEXG Bhd. | 2117200 | 191892 |
| \* | Nextgreen Global <br> Bhd.<br>| 176000 | 33210 |
| †† | Nylex Malaysia Bhd. | 4205 | 45 |
| # | OCK Group Bhd. | 178600 | 18553 |
|  | Oriental Holdings <br> Bhd.<br>| 426300 | 697265 |
| # | OSK Holdings Bhd. | 5966482 | 2022958 |
|  | Padini Holdings Bhd. | 1997700 | 901545 |
|  | Panasonic <br> Manufacturing <br> Malaysia Bhd.<br>| 25084 | 49853 |
| # | Pantech Group <br> Holdings Bhd.<br>| 870819 | 139214 |
| # | Paramount Corp. <br> Bhd.<br>| 584955 | 148066 |
|  | Pecca Group Bhd. | 334100 | 107641 |
| # | Perak Transit Bhd. | 948749 | 76876 |
| \* | Pharmaniaga Bhd. | 4683000 | 273985 |
|  | PIE Industrial Bhd. | 100600 | 74617 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
| \* | Ranhill Utilities Bhd. | 1590149 | $697393 |
| # | RCE Capital Bhd. | 876700 | 225882 |
|  | RGB International <br> Bhd.<br>| 681000 | 39009 |
|  | Sam Engineering & <br> Equipment M Bhd.<br>| 412749 | 479350 |
| # | Sarawak Oil Palms <br> Bhd.<br>| 830255 | 739278 |
|  | Scientex Bhd. | 1382872 | 1119130 |
| # | Shangri-La Hotels <br> Malaysia Bhd.<br>| 117700 | 47198 |
| # | Sime Darby Property <br> Bhd.<br>| 395200 | 127083 |
|  | SKP Resources Bhd. | 1745324 | 326834 |
| #\* | Solarvest Holdings <br> Bhd.<br>| 312600 | 226945 |
|  | Southern Cable Group <br> Bhd.<br>| 28600 | 13955 |
|  | SP Setia Bhd. Group | 3977400 | 820227 |
|  | Sports Toto Bhd. | 473376 | 157040 |
|  | Sunway Construction <br> Group Bhd.<br>| 490236 | 687677 |
|  | Suria Capital Holdings <br> Bhd.<br>| 269560 | 103145 |
| # | Syarikat Takaful <br> Malaysia Keluarga <br> Bhd.<br>| 731957 | 541565 |
| # | Ta Ann Holdings Bhd. | 494189 | 495084 |
|  | Taliworks Corp. Bhd. | 476616 | 60841 |
| \* | Top Glove Corp. Bhd. | 4875800 | 732411 |
| #\* | Tropicana Corp. Bhd. | 1651790 | 460881 |
| # | TSH Resources Bhd. | 572500 | 185679 |
| # | Uchi Technologies <br> Bhd.<br>| 887200 | 656171 |
| # | UEM Sunrise Bhd. | 2680400 | 409001 |
| # | Unisem M Bhd. | 168500 | 141752 |
|  | United Malacca Bhd. | 389750 | 543170 |
|  | UOA Development <br> Bhd.<br>| 3456100 | 1524724 |
| \* | Vantris Energy Bhd. | 661640 | 86850 |
| # | Velesto Energy Bhd. | 7856208 | 469489 |
| # | VS Industry Bhd. | 1523613 | 179602 |
| # | Wasco Bhd. | 6100 | 1260 |
| #\* | WCT Holdings Bhd. | 1512493 | 270500 |
|  | Wellcall Holdings <br> Bhd.<br>| 682000 | 205175 |
|  | Zetrix Ai Bhd. | 734400 | 147971 |
| TOTAL MALAYSIA | TOTAL MALAYSIA |  | 53618447 |
| MEXICO — (2.7%) | MEXICO — (2.7%) | MEXICO — (2.7%) | MEXICO — (2.7%) |
|  | Alfa SAB de CV, <br> Class A<br>| 195467 | 148032 |
|  | Alpek SAB de CV | 146953 | 74352 |
|  | Alsea SAB de CV | 1200172 | 3321088 |

---

1037

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
| \* | Axtel SAB de CV | 2042387 | $316607 |
| Ω | Banco del Bajio SA | 2219117 | 5662908 |
| # | Becle SAB de CV | 65723 | 80728 |
|  | Bolsa Mexicana de <br> Valores SAB de CV<br>| 827212 | 1577084 |
|  | Consorcio ARA SAB <br> de CV<br>| 591140 | 112319 |
| \* | Controladora Alpek <br> SAB de CV<br>| 195467 | 30301 |
| \* | Controladora AXTEL <br> SAB de CV<br>| 858225 | 41806 |
| #\* | Controladora Vuela <br> Cia de Aviacion <br> SAB de CV <br> (VOLARA MM), <br> Class A<br>| 379357 | 252789 |
|  | Corp. Actinver SAB de <br> CV<br>| 179820 | 201322 |
|  | Corp. Inmobiliaria <br> Vesta SAB de CV<br>| 1538415 | 4670270 |
|  | Corp. Interamericana <br> de Entretenimiento <br> SAB de CV, <br> Class B<br>| 953788 | 2341025 |
|  | Corp. Moctezuma <br> SAB de CV<br>| 696531 | 3149264 |
|  | Corporativo Fragua <br> SAB de CV<br>| 3 | 87 |
| #\*†† | Empresas ICA SAB <br> de CV<br>| 3768186 | 0 |
|  | Financiera <br> Independencia SAB <br> de CV SOFOM <br> ENR<br>| 3187 | 1462 |
|  | GCC SAB de CV | 538452 | 5168165 |
| # | Genomma Lab <br> Internacional SAB <br> de CV, Class B<br>| 1156218 | 1128928 |
|  | Gentera SAB de CV | 2901196 | 6881918 |
|  | Grupo Aeroportuario <br> del Centro Norte <br> SAB de CV<br>| 579894 | 7146569 |
| # | Grupo Comercial <br> Chedraui SA de CV<br>| 1148768 | 8343771 |
|  | Grupo Herdez SAB de <br> CV<br>| 1367911 | 5154010 |
| \* | Grupo Hotelero Santa <br> Fe SAB de CV<br>| 568988 | 114848 |
|  | Grupo Industrial <br> Saltillo SAB de CV<br>| 951482 | 709828 |
| \* | Grupo Nutrisa SAB de <br> CV<br>| 1367911 | 375506 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
| \* | Grupo Posadas SAB <br> de CV<br>| 69065 | $104015 |
| # | Grupo Rotoplas SAB <br> de CV<br>| 258092 | 186291 |
| \* | Grupo Simec SAB de <br> CV (SIMECB MM)<br>| 941651 | 8592372 |
| # | Grupo Televisa SAB <br> (TLEVICPO MM)<br>| 547917 | 286072 |
| \*Ω | Grupo Traxion SAB de <br> CV<br>| 338293 | 249097 |
| \* | Industrias CH SAB de <br> CV<br>| 1664175 | 15227804 |
|  | KUO SAB de CV | 712836 | 1968323 |
| # | La Comer SAB de <br> CV<br>| 2976514 | 6446964 |
|  | Megacable Holdings <br> SAB de CV<br>| 1460306 | 4179265 |
| \* | Minera Frisco SAB de <br> CV, Class A1<br>| 5070207 | 2409771 |
| \*Ω | Nemak SAB de CV | 193853 | 40381 |
| \* | Ollamani SAB | 12275 | 40799 |
| # | Operadora De Sites <br> Mexicanos SAB de <br> CV, Class A-1<br>| 57719 | 51883 |
|  | Organizacion Cultiba <br> SAB de CV<br>| 935406 | 528663 |
| \* | Organizacion Soriana <br> SAB de CV, <br> Class B<br>| 358274 | 511035 |
|  | Promotora y <br> Operadora de <br> Infraestructura SAB <br> de CV (PINFRA <br> MM)<br>| 178965 | 2311994 |
|  | Promotora y <br> Operadora de <br> Infraestructura SAB <br> de CV (PINFRAL <br> MM), Class L<br>| 4368 | 42317 |
| # | Qualitas Controladora <br> SAB de CV<br>| 374606 | 3398745 |
| # | Regional SAB de CV | 505137 | 3742340 |
| \*†† | San Luis Rassini | 3300 | 0 |
| \*†† | Sanluis Corp. SA <br> (SANLUISB MM)<br>| 4642 | 0 |
| \*†† | Sanluis Corp. SA <br> (SANLUISC MM)<br>| 4642 | 0 |
| \* | Vista Energy SAB de <br> CV (VIST US), <br> ADR<br>| 2874 | 139245 |
| \* | Vitro SAB de CV | 239494 | 74252 |
| TOTAL MEXICO | TOTAL MEXICO |  | 107536615 |

---

1038

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PHILIPPINES — (0.7%) | PHILIPPINES — (0.7%) | PHILIPPINES — (0.7%) | PHILIPPINES — (0.7%) |
|  | A Soriano Corp. | 2931411 | $726678 |
|  | ACEN Corp. | 2223000 | 87501 |
| \*†† | ACR Mining Corp. | 48205 | 0 |
|  | Alliance Global Group, <br> Inc.<br>| 4134900 | 512529 |
|  | Apex Mining Co., Inc. | 5852000 | 926498 |
|  | Belle Corp. | 12306400 | 284252 |
|  | Bloomberry Resorts <br> Corp.<br>| 1861200 | 101119 |
|  | Century Pacific Food, <br> Inc.<br>| 2699500 | 1606424 |
|  | China Banking Corp. | 5481614 | 4760788 |
|  | Converge Information <br> & Communications <br> Technology <br> Solutions, Inc.<br>| 2193900 | 474988 |
|  | Cosco Capital, Inc. | 2433000 | 285708 |
|  | D&L Industries, Inc. | 3300300 | 252905 |
|  | DigiPlus Interactive <br> Corp.<br>| 487600 | 173045 |
| \* | DITO CME Holdings <br> Corp.<br>| 779000 | 10856 |
|  | DMCI Holdings, Inc. | 5003100 | 959263 |
|  | East West Banking <br> Corp.<br>| 437200 | 85270 |
|  | Filinvest Development <br> Corp.<br>| 413522 | 32658 |
|  | Filinvest Land, Inc. | 30065620 | 383022 |
|  | Filinvest REIT Corp. | 2228226 | 117721 |
|  | First Philippine <br> Holdings Corp.<br>| 1527600 | 1855957 |
|  | GT Capital Holdings, <br> Inc.<br>| 141010 | 1307953 |
|  | JG Summit Holdings, <br> Inc.<br>| 655900 | 266763 |
|  | Keepers Holdings, <br> Inc.<br>| 378000 | 14945 |
|  | LT Group, Inc. | 2935800 | 729662 |
|  | Manila Water Co., <br> Inc.<br>| 3376300 | 1993098 |
|  | Megaworld Corp. | 3358000 | 113600 |
| Ω | Monde Nissin Corp. | 1417900 | 162580 |
|  | Nickel Asia Corp. | 3492100 | 217677 |
|  | Philcomsat Holdings <br> Corp.<br>| 316022 | 574423 |
|  | Philex Mining Corp. | 1221300 | 167835 |
|  | Philippine National <br> Bank<br>| 767726 | 672955 |
| \*†† | Philippine National <br> Construction Corp.<br>| 173000 | 0 |
|  | Philippine Savings <br> Bank<br>| 366697 | 359632 |
|  | Philippine Seven <br> Corp.<br>| 37920 | 26720 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |
|  | Philippine Stock <br> Exchange, Inc.<br>| 42102 | $145249 |
| \*†† | Philtown Properties, <br> Inc.<br>| 111562 | 0 |
| \*†† | Phoenix Petroleum <br> Philippines, Inc.<br>| 929580 | 12321 |
|  | Puregold Price Club, <br> Inc.<br>| 1554890 | 1005264 |
|  | RFM Corp. | 7485068 | 552106 |
|  | Rizal Commercial <br> Banking Corp.<br>| 2651952 | 1145140 |
|  | Robinsons Land <br> Corp.<br>| 3638151 | 921213 |
|  | Robinsons Retail <br> Holdings, Inc.<br>| 151640 | 89659 |
|  | Security Bank Corp. | 253990 | 300233 |
|  | Semirara Mining & <br> Power Corp.<br>| 689100 | 386916 |
|  | Synergy Grid & <br> Development Phils, <br> Inc.<br>| 820200 | 207288 |
|  | Union Bank of the <br> Philippines<br>| 1441403 | 705752 |
|  | Universal Robina <br> Corp.<br>| 169390 | 209945 |
|  | Vista Land & <br> Lifescapes, Inc.<br>| 3583200 | 58459 |
|  | Vistamalls, Inc. | 543600 | 11588 |
|  | Wilcon Depot, Inc. | 2316100 | 303104 |
| TOTAL PHILIPPINES | TOTAL PHILIPPINES |  | 26299262 |
| POLAND — (1.7%) | POLAND — (1.7%) | POLAND — (1.7%) | POLAND — (1.7%) |
|  | AB SA | 2990 | 78696 |
|  | Agora SA | 67512 | 167653 |
|  | Alior Bank SA | 37291 | 1039119 |
|  | AmRest Holdings SE | 78368 | 313953 |
|  | Apator SA | 37109 | 236175 |
| # | ASBISc Enterprises <br> PLC<br>| 51549 | 415829 |
|  | Asseco Poland SA | 75216 | 4375067 |
|  | Asseco South Eastern <br> Europe SA<br>| 805 | 14407 |
|  | Auto Partner SA | 62499 | 305064 |
| \* | Bank Millennium SA | 560969 | 2348083 |
| #\* | Bank Ochrony <br> Srodowiska SA<br>| 64719 | 210921 |
| # | Benefit Systems SA | 2817 | 2389460 |
|  | Boryszew SA | 133234 | 216328 |
|  | Budimex SA | 20346 | 3230125 |
| #\* | CCC SA | 57277 | 2344317 |
| #\* | Celon Pharma SA | 19996 | 116708 |
| #\* | Cognor Holding SA | 86852 | 155279 |
|  | Cyber Folks SA | 4130 | 206606 |
| \* | Cyfrowy Polsat SA | 104844 | 376241 |

---

1039

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) |
| \* | Datawalk SA | 3653 | $90148 |
|  | Develia SA | 1491512 | 3297306 |
|  | Dom Development <br> SA<br>| 15579 | 1037905 |
| \* | Echo Investment SA | 22550 | 33574 |
|  | Elektrotim SA | 5002 | 67939 |
| \* | Enea SA | 559136 | 3136526 |
| \* | Eurocash SA | 21721 | 47373 |
| \* | Fabryki Mebli Forte <br> SA<br>| 48823 | 345006 |
| \* | Globe Trade Centre <br> SA<br>| 324771 | 321002 |
| \* | Grupa Azoty SA | 35057 | 177656 |
|  | Grupa Kety SA | 52444 | 13198753 |
|  | Grupa Pracuj SA | 5858 | 89880 |
| # | Inter Cars SA | 33276 | 4972437 |
| #\* | Jastrzebska Spolka <br> Weglowa SA<br>| 56010 | 392411 |
| # | KRUK SA | 59735 | 7343062 |
| #\* | Lubawa SA | 30768 | 82556 |
| \* | Lubelski Wegiel <br> Bogdanka SA<br>| 11215 | 65270 |
|  | Mirbud SA | 82029 | 301811 |
| # | Mo-BRUK SA | 2384 | 189426 |
|  | Neuca SA | 2512 | 505857 |
|  | Newag SA | 1122 | 27605 |
|  | Orange Polska SA | 93356 | 227518 |
|  | Pepco Group NV | 36338 | 273699 |
| \* | PKP Cargo SA | 34072 | 148081 |
|  | PlayWay SA | 1403 | 101792 |
| \* | Polimex-Mostostal SA | 28040 | 45042 |
| # | Rainbow Tours SA | 4584 | 154239 |
|  | Stalexport Autostrady <br> SA<br>| 164889 | 128490 |
|  | Synektik SA | 8531 | 607176 |
| \* | Tauron Polska Energia <br> SA<br>| 2405636 | 6512382 |
|  | TEN Square Games <br> SA<br>| 6067 | 148632 |
| # | Text SA | 6638 | 87400 |
|  | Torpol SA | 24822 | 358027 |
| \* | VRG SA | 873743 | 1050713 |
| # | Warsaw Stock <br> Exchange<br>| 57560 | 952123 |
|  | Wawel SA | 365 | 69582 |
| # | Wirtualna Polska <br> Holding SA<br>| 3593 | 53942 |
| #Ω | XTB SA | 83945 | 1583950 |
| \* | Zespol <br> Elektrocieplowni <br> Wroclawskich <br> Kogeneracja SA<br>| 672 | 11367 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) |
| \* | Zespol Elektrowni <br> Patnow Adamow <br> Konin SA<br>| 32217 | $195367 |
| TOTAL POLAND | TOTAL POLAND |  | 66973056 |
| QATAR — (0.7%) | QATAR — (0.7%) | QATAR — (0.7%) | QATAR — (0.7%) |
|  | Aamal Co. | 4384748 | 951868 |
|  | Al Khaleej Takaful <br> Group QSC<br>| 569983 | 372355 |
|  | Al Meera Consumer <br> Goods Co. QSC<br>| 203205 | 816232 |
|  | Alijarah Holding Co. <br> QPSC<br>| 344478 | 65319 |
| \* | Baladna | 1248044 | 523325 |
|  | Barwa Real Estate <br> Co.<br>| 2452814 | 1771345 |
|  | Doha Bank QPSC | 4061916 | 2803205 |
|  | Doha Insurance Co. <br> QSC<br>| 249552 | 172805 |
| \* | Estithmar Holding <br> QPSC<br>| 1670548 | 1881377 |
|  | Gulf International <br> Services QSC<br>| 2627664 | 2227666 |
|  | Gulf Warehousing <br> Co.<br>| 300870 | 211430 |
|  | Lesha Bank LLC | 2896990 | 1436950 |
|  | Mannai Corp. QSC | 194052 | 282805 |
| \* | Mazaya Real Estate <br> Development <br> QPSC<br>| 1170059 | 197134 |
|  | Medicare Group | 332626 | 593378 |
|  | Meeza QSTP LLC | 78415 | 73121 |
|  | Qatar Aluminum <br> Manufacturing Co.<br>| 4936711 | 2104121 |
|  | Qatar Industrial <br> Manufacturing Co. <br> QSC<br>| 18666 | 12378 |
|  | Qatar Insurance Co. <br> SAQ<br>| 3614391 | 2034621 |
|  | Qatar Islamic <br> Insurance Group<br>| 47294 | 114624 |
|  | Qatar National <br> Cement Co. QSC<br>| 560849 | 468871 |
|  | Qatar Navigation <br> QSC<br>| 1403437 | 4286332 |
|  | Salam International <br> Investment Ltd. <br> QSC<br>| 2225787 | 461971 |
|  | United Development <br> Co. QSC<br>| 3162309 | 818993 |
|  | Vodafone Qatar <br> PQSC<br>| 5136998 | 3390475 |
| \* | Widam Food Co. | 197452 | 107700 |

---

1040

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) |
|  | Zad Holding Co. | 48311 | $185522 |
| TOTAL QATAR | TOTAL QATAR |  | 28365923 |
| RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) |
| \*†† | Magnitogorsk Iron & <br> Steel Works PJSC <br> (MMK LI), <br> Sponsored GDR<br>| 32799 | 0 |
| \*†† | Mechel PJSC, <br> Sponsored ADR<br>| 123618 | 0 |
| \*†† | PhosAgro PJSC | 779 | 0 |
| \*†† | RusHydro PJSC <br> (RSHYY US), ADR<br>| 952144 | 0 |
| \*†† | VTB Bank PJSC <br> (VTBR LI), GDR<br>| 27705 | 0 |
| SAUDI ARABIA — (3.0%) | SAUDI ARABIA — (3.0%) | SAUDI ARABIA — (3.0%) | SAUDI ARABIA — (3.0%) |
|  | Abdullah Al Othaim <br> Markets Co.<br>| 399740 | 811601 |
| \* | Advanced Building <br> Industries Co.<br>| 22737 | 216775 |
| \* | Advanced <br> Petrochemical Co.<br>| 235862 | 2378682 |
|  | Al Babtain Power & <br> Telecommunication <br> Co.<br>| 120559 | 2017833 |
| \* | Al Gassim Investment <br> Holding Co.<br>| 9034 | 44704 |
|  | Al Hammadi Holding | 246494 | 2296328 |
|  | Al Hassan Ghazi <br> Ibrahim Shaker Co.<br>| 107634 | 750287 |
|  | Al Jouf Agricultural <br> Development Co.<br>| 35601 | 436498 |
| \* | Al Jouf Cement Co. | 9951 | 18573 |
| \* | Al Khaleej Training & <br> Education Co.<br>| 25351 | 197748 |
|  | Al Masane Al Kobra <br> Mining Co.<br>| 25053 | 505198 |
| \* | Al Rajhi Co. for <br> Co-operative <br> Insurance<br>| 21248 | 667984 |
|  | Al Taiseer Group <br> TALCO Industrial <br> Co.<br>| 9586 | 104050 |
|  | Al Yamamah Steel <br> Industries Co.<br>| 76456 | 749072 |
|  | Alandalus Property <br> Co.<br>| 194116 | 1035080 |
|  | Alaseel Co. | 451047 | 429080 |
|  | Al-Dawaa Medical <br> Services Co.<br>| 18585 | 324692 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Aldrees Petroleum & <br> Transport Services <br> Co.<br>| 146334 | $5989437 |
|  | Al-Etihad Cooperative <br> Insurance Co.<br>| 50258 | 144887 |
|  | AlJazira Takaful <br> Ta'awuni Co.<br>| 32850 | 108321 |
|  | AlKhorayef Water & <br> Power Technologies <br> Co.<br>| 45973 | 1843557 |
| \* | Allianz Saudi Fransi <br> Cooperative <br> Insurance Co.<br>| 14387 | 52404 |
|  | Almawarid Manpower <br> Co.<br>| 5850 | 209016 |
|  | Almunajem Foods <br> Co.<br>| 30645 | 473057 |
|  | Alujain Corp. | 3751 | 31951 |
| \* | Amlak International <br> Finance Co.<br>| 26201 | 97123 |
| \* | Anaam International <br> Holding Group Co.<br>| 32864 | 131538 |
| \* | Arabia Insurance <br> Cooperative Co.<br>| 10894 | 31045 |
|  | Arabian Cement Co. | 99843 | 589389 |
| Ω | Arabian Centres Co. | 296077 | 1730067 |
|  | Arabian Contracting <br> Services Co.<br>| 20177 | 643743 |
|  | Arabian Drilling Co. | 7424 | 175316 |
|  | Arabian Pipes Co. | 333653 | 507225 |
| \* | Arabian Shield <br> Cooperative <br> Insurance Co.<br>| 32851 | 114177 |
|  | Arriyadh Development <br> Co.<br>| 275498 | 2163944 |
| \* | ARTEX Industrial <br> Investment Co.<br>| 70424 | 263613 |
| \* | Ash-Sharqiyah <br> Development Co.<br>| 17231 | 74505 |
|  | Astra Industrial Group <br> Co.<br>| 127517 | 5061640 |
|  | Ataa Educational Co. | 10714 | 192911 |
| \* | BAAN Holding Group <br> Co.<br>| 271491 | 156083 |
|  | Banan Real Estate <br> Co.<br>| 25431 | 30288 |
|  | Basic Chemical <br> Industries Ltd.<br>| 24620 | 184051 |
|  | Bawan Co. | 90760 | 1368261 |
|  | BinDawood Holding <br> Co.<br>| 482715 | 740172 |
|  | Catrion Catering <br> Holding Co.<br>| 130751 | 3371221 |

---

1041

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
| \* | Chubb Arabia <br> Cooperative <br> Insurance Co.<br>| 35253 | $302554 |
|  | City Cement Co. | 166901 | 648515 |
|  | Dallah Healthcare Co. | 72751 | 2987629 |
| \* | Dar Al Arkan Real <br> Estate Development <br> Co.<br>| 863247 | 3975613 |
|  | East Pipes Integrated <br> Co. for Industry<br>| 23331 | 904489 |
|  | Eastern Province <br> Cement Co.<br>| 82974 | 572607 |
|  | Electrical Industries <br> Co.<br>| 1772460 | 5459113 |
| \* | Emaar Economic City | 503376 | 1709197 |
|  | Etihad Atheeb <br> Telecommunication <br> Co.<br>| 18933 | 542859 |
| \* | Fawaz Abdulaziz Al <br> Hokair & Co.<br>| 70793 | 456721 |
|  | First Milling Co. | 23705 | 339394 |
| \* | Fitaihi Holding Group | 300372 | 260209 |
|  | Gulf Insurance Group | 34686 | 233823 |
| \* | Gulf Union <br> Cooperative <br> Insurance Co.<br>| 44463 | 142397 |
| \* | Halwani Brothers Co. | 15496 | 160272 |
| \* | Herfy Food Services <br> Co.<br>| 14233 | 79338 |
| \* | Jahez International <br> Co.<br>| 36477 | 206900 |
|  | Jamjoom <br> Pharmaceuticals <br> Factory Co.<br>| 14224 | 591010 |
| \* | Jazan Development & <br> Investment Co.<br>| 14381 | 41482 |
| \* | L'Azurde Co. for <br> Jewelry<br>| 36738 | 122051 |
|  | Leejam Sports Co. <br> JSC<br>| 78537 | 2681865 |
| \* | Lumi Rental Co. | 13138 | 219144 |
|  | Maharah Human <br> Resources Co.<br>| 17520 | 25845 |
| \* | Malath Cooperative <br> Insurance Co.<br>| 32213 | 106673 |
| \* | Mediterranean & Gulf <br> Cooperative <br> Insurance & <br> Reinsurance Co.<br>| 140038 | 572469 |
| \* | Methanol Chemicals <br> Co.<br>| 72010 | 192771 |
|  | Middle East <br> Healthcare Co.<br>| 105208 | 1434965 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
| \* | Middle East Paper <br> Co.<br>| 122825 | $884150 |
|  | Middle East <br> Pharmaceutical Co.<br>| 1651 | 60440 |
|  | Middle East <br> Specialized Cables <br> Co.<br>| 50327 | 393358 |
|  | Mobile <br> Telecommunications <br> Co. Saudi Arabia<br>| 1148008 | 3513325 |
| \* | Najran Cement Co. | 70262 | 141239 |
| \* | Nama Chemicals Co. | 1453 | 10105 |
| \* | National Agriculture <br> Development Co. <br>| 460106 | 2558532 |
|  | National Co. for Glass <br> Industries <br>| 63808 | 694122 |
|  | National Co. for <br> Learning & <br> Education<br>| 41585 | 1920624 |
|  | National Gas & <br> Industrialization Co.<br>| 9536 | 226171 |
| \* | National Gypsum | 19467 | 100359 |
| \* | National <br> Industrialization Co.<br>| 779580 | 2404944 |
|  | National Medical Care <br> Co.<br>| 16351 | 772595 |
| \* | National Metal <br> Manufacturing & <br> Casting Co.<br>| 12646 | 56066 |
|  | Nayifat Finance Co. | 114126 | 404243 |
|  | Northern Region <br> Cement Co.<br>| 179710 | 384569 |
| \* | Perfect Presentation <br> For Commercial <br> Services Co.<br>| 13326 | 36262 |
| \* | Power & Water Utility <br> Co. for Jubail & <br> Yanbu<br>| 42391 | 477163 |
|  | Qassim Cement Co. | 63627 | 715138 |
| \* | Red Sea International <br> Co.<br>| 20944 | 226544 |
|  | Retal Urban <br> Development Co.<br>| 346110 | 1088623 |
|  | Riyadh Cement Co. | 66338 | 465254 |
| \* | Saudi Arabian Amiantit <br> Co.<br>| 32679 | 176398 |
|  | Saudi Automotive <br> Services Co.<br>| 136941 | 2618356 |
|  | Saudi Cement Co. | 179168 | 1828454 |
|  | Saudi Ceramic Co. | 144888 | 1181718 |
|  | Saudi Chemical Co. <br> Holding<br>| 1535816 | 3021038 |

---

1042

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
| \* | Saudi Co. For <br> Hardware CJSC<br>| 11498 | $101894 |
| \* | Saudi Darb <br> Investment Co.<br>| 110022 | 83622 |
|  | Saudi Industrial <br> Investment Group<br>| 38712 | 167645 |
| \* | Saudi Kayan <br> Petrochemical Co.<br>| 97893 | 153944 |
| \* | Saudi Marketing Co. | 7321 | 32366 |
|  | Saudi Paper <br> Manufacturing Co.<br>| 71527 | 1024334 |
| \* | Saudi Pharmaceutical <br> Industries & Medical <br> Appliances Corp.<br>| 110608 | 893421 |
| \* | Saudi Public Transport <br> Co.<br>| 159836 | 540476 |
| \* | Saudi Real Estate <br> Co.<br>| 493378 | 1900156 |
| \* | Saudi Reinsurance <br> Co.<br>| 250471 | 2075346 |
| \* | Saudi Research & <br> Media Group<br>| 39984 | 1833013 |
|  | Saudia Dairy & <br> Foodstuff Co.<br>| 49883 | 3822876 |
| \* | Savola Group  | 73869 | 484758 |
|  | Scientific & Medical <br> Equipment House <br> Co.<br>| 20814 | 218351 |
| \* | Seera Group Holding | 535616 | 4432415 |
| \* | Shams | 15853 | 68052 |
| \* | SHL Finance Co. | 58839 | 341361 |
| \* | Sinad Holding Co. | 138550 | 386829 |
|  | Southern Province <br> Cement Co.<br>| 75308 | 502276 |
|  | Sustained <br> Infrastructure <br> Holding Co.<br>| 120139 | 1170845 |
|  | Tabuk Cement Co. | 65464 | 178205 |
| \* | Takween Advanced <br> Industries Co.<br>| 11242 | 21658 |
|  | Theeb Rent A Car <br> Co.<br>| 52207 | 912572 |
|  | United Electronics <br> Co.<br>| 134725 | 3186584 |
|  | United International <br> Transportation Co.<br>| 116692 | 2302952 |
|  | United Wire Factories <br> Co.<br>| 3691 | 24567 |
| \* | Wafrah for Industry & <br> Development<br>| 2276 | 16187 |
| \* | Walaa Cooperative <br> Insurance Co.<br>| 64402 | 200759 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
| \* | Wataniya Insurance <br> Co.<br>| 44163 | $172708 |
|  | Yamama Cement Co. | 375757 | 2752655 |
|  | Yanbu Cement Co. | 27655 | 119406 |
|  | Zahrat Al Waha For <br> Trading Co.<br>| 9092 | 62798 |
| TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA |  | 120977853 |
| SOUTH AFRICA — (2.9%) | SOUTH AFRICA — (2.9%) | SOUTH AFRICA — (2.9%) | SOUTH AFRICA — (2.9%) |
|  | Adcock Ingram <br> Holdings Ltd.<br>| 119092 | 514236 |
|  | Advtech Ltd. | 2578964 | 5258140 |
|  | AECI Ltd. | 255376 | 1316847 |
|  | African Rainbow <br> Minerals Ltd.<br>| 257204 | 2554294 |
| # | Afrimat Ltd. | 218506 | 573009 |
|  | Alexander Forbes <br> Group Holdings <br> Ltd.<br>| 1437620 | 681201 |
|  | Altron Ltd., Class A | 631230 | 669415 |
|  | Aspen Pharmacare <br> Holdings Ltd.<br>| 106429 | 602820 |
|  | Astral Foods Ltd. | 94302 | 1217129 |
|  | AVI Ltd. | 939094 | 5222129 |
|  | Barloworld Ltd. | 381135 | 2627393 |
| #\* | Blu Label Unlimited <br> Group Ltd.<br>| 806331 | 575456 |
| # | Cashbuild Ltd. | 47597 | 378698 |
|  | Caxton & CTP <br> Publishers & <br> Printers Ltd.<br>| 56465 | 43191 |
|  | City Lodge Hotels <br> Ltd.<br>| 225045 | 53215 |
|  | Coronation Fund <br> Managers Ltd.<br>| 512728 | 1455523 |
|  | Curro Holdings Ltd. | 401402 | 306294 |
|  | DataTec Ltd. | 1121849 | 4652858 |
| Ω | Dis-Chem Pharmacies <br> Ltd.<br>| 1039238 | 2032824 |
|  | DRDGOLD Ltd. (DRD <br> SJ)<br>| 1386609 | 3501942 |
|  | Exxaro Resources <br> Ltd.<br>| 121377 | 1236168 |
|  | Famous Brands Ltd. | 78636 | 246048 |
|  | Foschini Group Ltd. | 721386 | 3829296 |
| # | Grindrod Ltd. | 1313728 | 1283872 |
|  | Harmony Gold Mining <br> Co. Ltd. (HMY US), <br> Sponsored ADR<br>| 1030991 | 17021661 |
|  | Hudaco Industries <br> Ltd.<br>| 88913 | 909804 |
|  | Italtile Ltd. | 235557 | 125264 |
|  | JSE Ltd. | 223103 | 1812895 |

---

1043

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |
| \* | KAP Ltd. | 1408869 | $133732 |
| \* | Lesaka Technologies, <br> Inc.<br>| 776 | 3398 |
|  | Lewis Group Ltd. | 170216 | 820814 |
|  | Life Healthcare Group <br> Holdings Ltd.<br>| 1773485 | 1214031 |
|  | Merafe Resources <br> Ltd.<br>| 2141711 | 135874 |
|  | Momentum Group <br> Ltd.<br>| 2861207 | 5508655 |
|  | Motus Holdings Ltd. | 336480 | 2027512 |
|  | Mpact Ltd. | 218055 | 294346 |
|  | Mr. Price Group Ltd. | 229168 | 2738061 |
| \* | Nampak Ltd. | 2378 | 65989 |
|  | Netcare Ltd. | 1448616 | 1221669 |
|  | Ninety One Ltd. | 505783 | 1504932 |
|  | Northam Platinum <br> Holdings Ltd.<br>| 453079 | 7566722 |
|  | Oceana Group Ltd. | 226635 | 639747 |
|  | Old Mutual Ltd. (OMU <br> SJ)<br>| 996122 | 778922 |
|  | Omnia Holdings Ltd. | 393703 | 1731065 |
| \* | Pick n Pay Stores <br> Ltd.<br>| 956194 | 1560892 |
|  | PPC Ltd. | 456815 | 144911 |
|  | Premier Group Ltd. | 8604 | 80181 |
|  | PSG Financial <br> Services Ltd.<br>| 2017236 | 2867155 |
|  | Rainbow Chicken | 535302 | 135040 |
|  | Raubex Group Ltd. | 488630 | 1167829 |
|  | RCL Foods Ltd. | 535302 | 301210 |
|  | Reunert Ltd. | 332475 | 1071561 |
|  | RFG Holdings Ltd. | 102494 | 127381 |
|  | Santam Ltd. | 131354 | 3133288 |
|  | Sappi Ltd. | 642826 | 842264 |
| \* | Sibanye Stillwater Ltd. <br> (SSW SJ)<br>| 11346 | 30109 |
|  | Southern Sun Ltd. | 396486 | 210509 |
| \* | SPAR Group Ltd.  | 464794 | 2923316 |
|  | Spur Corp. Ltd. | 179094 | 372735 |
|  | Sun International Ltd. | 802125 | 1795027 |
|  | Super Group Ltd. | 357924 | 331505 |
|  | Telkom SA SOC Ltd. | 674924 | 1887862 |
|  | Thungela Resources <br> Ltd. (TGA SJ)<br>| 32292 | 142691 |
|  | Tiger Brands Ltd. | 394877 | 7472362 |
|  | Truworths <br> International Ltd.<br>| 164530 | 492726 |
|  | Tsogo Sun Ltd. | 673020 | 274746 |
|  | We Buy Cars <br> Holdings Ltd.<br>| 465266 | 1233819 |
|  | Wilson Bayly <br> Holmes-Ovcon Ltd.<br>| 184183 | 1608160 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |
|  | Woolworths Holdings <br> Ltd.<br>| 103614 | $312848 |
|  | Zeda Ltd. | 136559 | 96815 |
| TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA |  | 117704033 |
| SOUTH KOREA — (9.4%) | SOUTH KOREA — (9.4%) | SOUTH KOREA — (9.4%) | SOUTH KOREA — (9.4%) |
| \* | 3S Korea Co. Ltd. | 82026 | 101730 |
|  | Able C&C Co. Ltd. | 8942 | 61064 |
| # | ABOV Semiconductor <br> Co. Ltd.<br>| 21461 | 188595 |
| #\* | ADTechnology Co. <br> Ltd.<br>| 20426 | 375973 |
| # | Advanced Nano <br> Products Co. Ltd.<br>| 12463 | 574490 |
|  | Advanced Process <br> Systems Corp.<br>| 16198 | 225476 |
| # | Aekyung Chemical <br> Co. Ltd.<br>| 23069 | 176757 |
|  | Aekyung Industrial Co. <br> Ltd.<br>| 881 | 8651 |
| #\* | Agabang & Co. | 38009 | 121586 |
| # | Ahnlab, Inc. | 20292 | 864394 |
| \* | Air Busan Co. Ltd. | 37702 | 48406 |
|  | AJ Networks Co. Ltd. | 10360 | 31241 |
|  | Ajin Industrial Co. <br> Ltd.<br>| 28071 | 64746 |
| \* | ALUKO Co. Ltd. | 57962 | 83439 |
| \* | Amicogen, Inc. | 56437 | 120257 |
|  | Amorepacific Holdings <br> Corp.<br>| 6888 | 122591 |
| #\* | Anam Electronics Co. <br> Ltd.<br>| 109985 | 96843 |
| \* | Ananti, Inc. | 19985 | 107823 |
| \* | Anapass, Inc. | 12521 | 154841 |
| # | ANIPLUS, Inc. | 9451 | 24786 |
| \* | Anterogen Co. Ltd. | 5555 | 87851 |
| \* | Apact Co. Ltd. | 17913 | 65564 |
|  | Aplus Asset Advisor <br> Co. Ltd.<br>| 24140 | 105466 |
| \* | Aprogen, Inc. | 417200 | 169618 |
| \* | APS, Inc. | 44932 | 127941 |
| \*†† | Arion Technology, Inc. | 51658 | 0 |
| # | Asia Cement Co. Ltd. | 50335 | 430713 |
|  | ASIA Holdings Co. <br> Ltd.<br>| 3528 | 881150 |
| #\* | Asia Pacific Satellite, <br> Inc.<br>| 14301 | 124742 |
| # | Asia Paper <br> Manufacturing Co. <br> Ltd.<br>| 81215 | 420293 |
| \* | Asiana Airlines, Inc. | 82372 | 509099 |
|  | Atinum Investment <br> Co. Ltd.<br>| 37138 | 66142 |
|  | ATON, Inc. | 11646 | 54622 |

---

1044

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Aurora World Corp. | 6236 | $95050 |
| # | Avaco Co. Ltd. | 31776 | 348866 |
|  | Baiksan Co. Ltd. | 44605 | 421702 |
| \* | Beno Tnr, Inc. | 19951 | 27886 |
|  | BGF retail Co. Ltd. | 7897 | 573795 |
| # | BH Co. Ltd. | 79009 | 1015048 |
| #\* | BHI Co. Ltd. | 43958 | 1556905 |
| # | Binggrae Co. Ltd. | 14995 | 759861 |
| \* | Bio Fund&C Co. Ltd. | 2541 | 29288 |
| # | Bio Plus Co. Ltd. | 112311 | 491635 |
| \* | Biodyne Co. Ltd. | 31138 | 302175 |
| \* | Bioneer Corp. | 12211 | 132663 |
|  | BioNote, Inc. | 54047 | 208771 |
| #\* | BNC Korea Co. Ltd. | 147192 | 523090 |
| # | Boditech Med, Inc. | 32453 | 308805 |
| # | Bookook Securities <br> Co. Ltd.<br>| 9028 | 428797 |
| # | Boryung | 107363 | 664812 |
| #\* | Bosung Power <br> Technology Co. <br> Ltd.<br>| 116334 | 434726 |
| \*†† | Bucket Studio Co. <br> Ltd.<br>| 55178 | 8365 |
| \* | Bukwang <br> Pharmaceutical Co. <br> Ltd.<br>| 18845 | 48799 |
|  | BYC Co. Ltd. | 7100 | 186965 |
|  | Byucksan Corp. | 25274 | 30935 |
| \* | Cafe24 Corp. | 36658 | 919903 |
| # | Cape Industries Ltd. | 28205 | 278585 |
| # | Caregen Co. Ltd. | 41041 | 1865874 |
| #\* | Celltrion Pharm, Inc. | 18012 | 804797 |
| \* | Chabiotech Co. Ltd. | 50646 | 436606 |
|  | Cheil Electric Co. Ltd. | 4153 | 32330 |
| # | Cheil Worldwide, Inc. | 48470 | 691701 |
| # | Chemtronics Co. Ltd. | 39956 | 975416 |
| \* | Chemtros Co. Ltd. | 12112 | 34604 |
| # | Cheryong Electric Co. <br> Ltd.<br>| 18387 | 499605 |
| # | Chips&Media, Inc. | 37182 | 423848 |
| \* | Choil Aluminum Co. <br> Ltd.<br>| 113075 | 105898 |
| # | Chong Kun Dang <br> Pharmaceutical <br> Corp.<br>| 10542 | 611963 |
|  | Chongkundang <br> Holdings Corp.<br>| 11961 | 379333 |
| \* | Chorokbaem Media <br> Co. Ltd.<br>| 18310 | 69525 |
| #\* | Chunbo Co. Ltd. | 6228 | 314384 |
| \* | CJ CGV Co. Ltd. | 88033 | 308360 |
| \* | CJ ENM Co. Ltd. | 27452 | 1349751 |
| # | CJ Freshway Corp. | 7607 | 133351 |
| # | CLIO Cosmetics Co. <br> Ltd.<br>| 3240 | 32457 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | CMG Pharmaceutical <br> Co. Ltd.<br>| 183080 | $231663 |
| #\* | CoAsia Corp. | 8901 | 43668 |
| \* | Com2uS Holdings <br> Corp.<br>| 6818 | 96060 |
|  | Com2uSCorp | 15769 | 376762 |
| \* | ContentreeJoongAng <br> Corp.<br>| 8978 | 62867 |
| # | Coocon Corp. | 7958 | 196081 |
| \* | Coreana Cosmetics <br> Co. Ltd.<br>| 34805 | 63260 |
| # | Cosmax, Inc. | 24025 | 3440362 |
| # | Cosmecca Korea Co. <br> Ltd.<br>| 16670 | 772141 |
| #\* | CosmoAM&T Co. Ltd. | 12070 | 468573 |
| #\* | Cosmochemical Co. <br> Ltd.<br>| 14093 | 190406 |
|  | Cowintech Co. Ltd. | 2660 | 31999 |
|  | CR Holdings Co. Ltd. | 23450 | 79226 |
| #\* | Creative & Innovative <br> System<br>| 162892 | 863348 |
|  | Creverse, Inc. | 6734 | 60594 |
| \* | CS Bearing Co. Ltd. | 13354 | 62612 |
| # | CS Wind Corp. | 28030 | 855999 |
| \* | CTC BIO, Inc. | 14422 | 52063 |
| #\* | Cube Entertainment, <br> Inc.<br>| 11296 | 115571 |
| # | Cuckoo Holdings Co. <br> Ltd.<br>| 24333 | 490318 |
|  | Cuckoo Homesys Co. <br> Ltd.<br>| 3349 | 54026 |
| #\* | Curexo, Inc. | 32233 | 237821 |
| # | D.I Corp. | 73014 | 1245544 |
| \*†† | DA Technology Co. <br> Ltd.<br>| 133285 | 3555 |
| # | Dae Hwa <br> Pharmaceutical Co. <br> Ltd.<br>| 24386 | 280315 |
| # | Dae Won Kang Up <br> Co. Ltd.<br>| 103903 | 305989 |
| #\* | Daea TI Co. Ltd. | 195936 | 556206 |
| # | Daebongls Co. Ltd. | 13270 | 113272 |
|  | Daechang Forging Co. <br> Ltd.<br>| 3016 | 14127 |
| # | Daedong Corp. | 53430 | 364833 |
|  | Daedong Gear Co. <br> Ltd.<br>| 4924 | 54937 |
|  | Daeduck Co. Ltd. | 13549 | 86630 |
| # | Daeduck Electronics <br> Co. Ltd.<br>| 99329 | 2632053 |
| # | Daehan Flour Mill Co. <br> Ltd.<br>| 2491 | 242087 |
| # | Daehan Steel Co. <br> Ltd.<br>| 34780 | 359815 |

---

1045

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | Daeho AL Co. Ltd. | 97791 | $128274 |
| \* | Dae-Il Corp. | 53006 | 183348 |
| # | Daejoo Electronic <br> Materials Co. Ltd.<br>| 21066 | 1114060 |
| #\* | DaeMyoung Energy <br> Co. Ltd.<br>| 8260 | 121499 |
|  | Daesang Corp. | 62955 | 919784 |
| # | Daesang Holdings Co. <br> Ltd.<br>| 46079 | 298618 |
|  | Daesung Energy Co. <br> Ltd.<br>| 22772 | 130869 |
| \* | Daesung Industrial <br> Co. Ltd.<br>| 12236 | 34375 |
| #\* | Daewon Cable Co. <br> Ltd.<br>| 92840 | 236926 |
| # | Daewon <br> Pharmaceutical Co. <br> Ltd.<br>| 54458 | 497210 |
|  | Daewon San Up Co. <br> Ltd.<br>| 8061 | 63991 |
| #\* | Daewoo Engineering <br> & Construction Co. <br> Ltd.<br>| 476610 | 1250153 |
|  | Daewoong Co. Ltd. | 4752 | 72104 |
| # | Daewoong <br> Pharmaceutical Co. <br> Ltd.<br>| 12821 | 1254971 |
|  | Daeyang Electric Co. <br> Ltd.<br>| 1181 | 24850 |
| \*†† | Dahaam E-Tec Co. <br> Ltd.<br>| 2100 | 0 |
|  | Daihan <br> Pharmaceutical Co. <br> Ltd.<br>| 11480 | 233972 |
| # | Daishin Securities Co. <br> Ltd.<br>| 112901 | 2301255 |
| #\* | Danal Co. Ltd. | 141692 | 799627 |
|  | Daol Investment & <br> Securities Co. Ltd.<br>| 107802 | 273541 |
|  | Daou Data Corp. | 46710 | 574955 |
|  | Daou Technology, <br> Inc.<br>| 91181 | 2491121 |
| \* | Dasan Networks, Inc. | 17003 | 38968 |
| \* | Dawonsys Co. Ltd. | 59288 | 157311 |
|  | DB HiTek Co. Ltd. | 24304 | 998425 |
|  | DB Securities Co. <br> Ltd.<br>| 85680 | 607366 |
| #\* | DB, Inc. | 207239 | 211491 |
| \* | DE&T Co. Ltd. | 12815 | 56606 |
| # | Dear U Co. Ltd. | 14491 | 388595 |
| # | Dentium Co. Ltd. | 16978 | 677839 |
|  | Deutsch Motors, Inc. | 51870 | 162447 |
| #\* | Devsisters Co. Ltd. | 8044 | 238540 |
| # | DI Dong Il Corp. | 55300 | 700999 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Digital Daesung Co. <br> Ltd.<br>| 23271 | $112248 |
| #\* | DIO Corp. | 26897 | 316906 |
| # | DIT Corp. | 12232 | 130525 |
| \* | DK Tech Co. Ltd. | 10311 | 54910 |
| \*†† | DKME | 33369 | 8783 |
| # | DL E&C Co. Ltd. | 78250 | 2340782 |
|  | DL Holdings Co. Ltd. | 8270 | 225547 |
| \* | DMOA Co. Ltd. | 13817 | 57918 |
| †† | DMS Co. Ltd. | 48116 | 80174 |
| # | DN Automotive Corp. | 46445 | 757595 |
| # | Dong-A Socio <br> Holdings Co. Ltd.<br>| 8889 | 676638 |
|  | Dong-Ah Geological <br> Engineering Co. <br> Ltd.<br>| 1333 | 13462 |
|  | Dongbang Transport <br> Logistics Co. Ltd.<br>| 76445 | 148972 |
|  | Dongjin Semichem <br> Co. Ltd.<br>| 79132 | 2364702 |
|  | Dongkoo Bio & <br> Pharma Co. Ltd.<br>| 9658 | 36371 |
| # | DongKook <br> Pharmaceutical Co. <br> Ltd.<br>| 83756 | 1038219 |
| # | Dongkuk Holdings Co. <br> Ltd.<br>| 38539 | 197522 |
|  | Dongkuk Industries <br> Co. Ltd.<br>| 21853 | 45762 |
| # | Dongkuk Steel Mill <br> Co. Ltd.<br>| 79401 | 473636 |
|  | Dongsung Chemical <br> Co. Ltd.<br>| 73325 | 205780 |
|  | Dongsung Finetec Co. <br> Ltd.<br>| 60256 | 1342782 |
| #\* | Dongwha Enterprise <br> Co. Ltd.<br>| 43271 | 300883 |
|  | Dongwha Pharm Co. <br> Ltd.<br>| 68807 | 302118 |
|  | Dongwon <br> Development Co. <br> Ltd.<br>| 58493 | 106278 |
|  | Dongwon Industries <br> Co. Ltd.<br>| 20941 | 711026 |
| # | Dongwon Systems <br> Corp.<br>| 7450 | 146160 |
| # | Dongwoon Anatech <br> Co. Ltd.<br>| 45624 | 537122 |
| # | Dongyang E&P, Inc. | 14152 | 212444 |
| #\* | Doosan Fuel Cell Co. <br> Ltd.<br>| 101687 | 3036633 |
|  | Doosan Tesna, Inc. | 12912 | 452622 |
| # | DoubleUGames Co. <br> Ltd.<br>| 39354 | 1384710 |

---

1046

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Douzone Bizon Co. <br> Ltd.<br>| 2782 | $173778 |
| #\* | Dream Security Co. <br> Ltd.<br>| 44191 | 103269 |
|  | Dreamtech Co. Ltd. | 55981 | 250816 |
| \* | DRTECH Corp. | 129994 | 180561 |
| #\* | DS Dansuk Co. Ltd. | 10680 | 151136 |
| # | DSC Investment, Inc. | 27004 | 139478 |
| \* | Duchembio Co. Ltd. | 13742 | 88237 |
| #\* | Duk San Neolux Co. <br> Ltd.<br>| 38011 | 1120048 |
| \* | Duksan Hi-Metal Co. <br> Ltd.<br>| 16423 | 76037 |
| #\* | Duksan Techopia Co. <br> Ltd.<br>| 14263 | 207564 |
|  | DY Corp. | 22744 | 67462 |
|  | DY POWER Corp. | 3331 | 29891 |
| # | E1 Corp. | 4342 | 227733 |
|  | Easy Bio, Inc. | 16252 | 66968 |
|  | Easy Holdings Co. <br> Ltd.<br>| 88398 | 234204 |
|  | Echo Marketing, Inc. | 21776 | 176790 |
|  | Ecoplastic Corp. | 15781 | 35743 |
| #\* | Edge Foundry Co. <br> Ltd.<br>| 83540 | 107464 |
|  | Elentec Co. Ltd. | 3318 | 21150 |
|  | E-MART, Inc. | 23004 | 1165236 |
| \* | EMKOREA Co. Ltd. | 7115 | 10932 |
| #\* | EMRO, Inc. | 4486 | 139873 |
| #\* | EM-Tech Co. Ltd. | 35259 | 230487 |
| #\* | Enchem Co. Ltd. | 13769 | 826904 |
| # | ENF Technology Co. <br> Ltd.<br>| 28570 | 990697 |
| \* | Enzychem <br> Lifesciences Corp.<br>| 112747 | 80431 |
|  | Eo Technics Co. Ltd. | 5903 | 970852 |
| \* | Eubiologics Co. Ltd. | 63059 | 545926 |
| # | Eugene Corp. | 123531 | 289839 |
| # | Eugene Investment & <br> Securities Co. Ltd.<br>| 188630 | 492726 |
|  | Eugene Technology <br> Co. Ltd.<br>| 48507 | 3216029 |
|  | Eusu Holdings Co. <br> Ltd.<br>| 28440 | 112493 |
| \* | EV Advanced Material <br> Co. Ltd.<br>| 35578 | 43599 |
| #\* | Everybot, Inc. | 5322 | 77761 |
| \* | E-World | 49871 | 49313 |
| #\* | Exem Co. Ltd. | 127408 | 193341 |
| # | Exicon Co. Ltd. | 9043 | 101268 |
|  | F&F Co. Ltd. | 4597 | 197634 |
| \* | Fine M-Tec Co. Ltd. | 16794 | 102522 |
| #\* | Fine Semitech Corp. | 40341 | 1033375 |
|  | Finger, Inc. | 1398 | 11013 |
| #\* | Firstec Co. Ltd. | 96567 | 313344 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \*†† | Flask Co. Ltd. | 23357 | $14558 |
| \* | FLITTO, Inc. | 6325 | 71011 |
| #\* | Foosung Co. Ltd. | 143341 | 892490 |
| \* | Furonteer Co. Ltd. | 1026 | 9767 |
| # | Fursys, Inc. | 10910 | 348270 |
| \* | G2Power Co. Ltd. | 8502 | 51519 |
| # | Gabia, Inc. | 41698 | 791966 |
| #\* | GAEASOFT | 20287 | 99604 |
| # | Galaxia Moneytree <br> Co. Ltd.<br>| 61913 | 410778 |
| #\* | GAMSUNG Corp. Co. <br> Ltd.<br>| 155481 | 552768 |
| #\* | Gaon Cable Co. Ltd. | 8771 | 514323 |
| #\* | Gaonchips Co. Ltd. | 3906 | 144958 |
| \* | GeneOne Life <br> Science, Inc.<br>| 27231 | 40162 |
| \* | Genexine, Inc. | 14876 | 54062 |
|  | Genians, Inc. | 2713 | 39580 |
| \* | Genic Co. Ltd. | 2715 | 40878 |
| \* | Genomictree, Inc. | 5552 | 81866 |
|  | Geumhwa PSC Co. <br> Ltd.<br>| 3239 | 72231 |
| \* | Giantstep, Inc. | 13542 | 48076 |
| # | Global Standard <br> Technology Co. <br> Ltd.<br>| 33319 | 600053 |
| \* | Global Tax Free Co. <br> Ltd.<br>| 70125 | 277043 |
| \* | GnBS eco Co. Ltd. | 13140 | 26702 |
| # | GnCenergy Co. Ltd. | 10751 | 305384 |
| # | GOLFZON Co. Ltd. | 11474 | 477763 |
|  | Golfzon Holdings Co. <br> Ltd.<br>| 17066 | 63453 |
| #\* | Good People Co. Ltd. | 71831 | 84335 |
| # | Grand Korea Leisure <br> Co. Ltd.<br>| 41693 | 452894 |
| # | Green Cross Corp. | 11208 | 1018518 |
| # | Green Cross Holdings <br> Corp.<br>| 13572 | 149983 |
| \*†† | Green Pine Tree Co. <br> Ltd.<br>| 4742 | 3744 |
| # | GS Engineering & <br> Construction Corp.<br>| 151435 | 1983300 |
| # | GS Global Corp. | 105051 | 180809 |
|  | GS Retail Co. Ltd. | 29774 | 370052 |
|  | Gwangju Shinsegae <br> Co. Ltd.<br>| 2986 | 63166 |
|  | HAESUNG DS Co. <br> Ltd.<br>| 27800 | 1002107 |
|  | Haesung Industrial <br> Co. Ltd.<br>| 27823 | 143416 |
|  | Han Kuk Carbon Co. <br> Ltd.<br>| 101139 | 2596863 |
| # | Hana Micron, Inc. | 122607 | 2513790 |

---

1047

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | Hana Technology Co. <br> Ltd.<br>| 5796 | $122602 |
| # | Hana Tour Service, <br> Inc.<br>| 27356 | 914182 |
| #\* | Hanall Biopharma Co. <br> Ltd.<br>| 17615 | 510787 |
| # | Hancom, Inc. | 45561 | 791662 |
|  | Handok, Inc. | 10843 | 86705 |
| # | Handsome Co. Ltd. | 11842 | 121875 |
|  | Hanil Cement Co. <br> Ltd.<br>| 32437 | 401681 |
| # | Hanil Holdings Co. <br> Ltd.<br>| 42979 | 488059 |
|  | Hanil Hyundai Cement <br> Co. Ltd.<br>| 1587 | 20061 |
|  | Hanjin Logistics Corp. | 15882 | 222793 |
| #\* | HanJung Natural <br> Connectivity System <br> Co. Ltd.<br>| 6398 | 206176 |
| \* | Hankook Cosmetics <br> Co. Ltd.<br>| 11817 | 100964 |
| # | Hankook Cosmetics <br> Manufacturing Co. <br> Ltd.<br>| 4336 | 163919 |
|  | Hankook Shell Oil Co. <br> Ltd.<br>| 2067 | 639082 |
| # | Hanla IMS Co. Ltd. | 3124 | 39149 |
| # | HanmiGlobal Co. Ltd. | 23691 | 338276 |
| # | Hannong Chemicals, <br> Inc.<br>| 22149 | 244597 |
| #\* | Hanon Systems | 84809 | 259113 |
| # | Hansae Co. Ltd. | 23238 | 172125 |
|  | Hansae Yes24 <br> Holdings Co. Ltd.<br>| 9629 | 28287 |
| # | Hanshin Machinery <br> Co.<br>| 52839 | 127182 |
|  | Hansol Chemical Co. <br> Ltd.<br>| 14160 | 2301079 |
| # | Hansol Technics Co. <br> Ltd.<br>| 67237 | 306715 |
|  | Hanssem Co. Ltd. | 8104 | 264137 |
| \* | Hanwha Engine | 128636 | 4456863 |
| \* | Hanwha Galleria <br> Corp.<br>| 87305 | 65566 |
| #\* | Hanwha General <br> Insurance Co. Ltd.<br>| 129143 | 490395 |
| #\* | Hanwha Investment & <br> Securities Co. Ltd.<br>| 386884 | 1447715 |
| # | Hanyang Eng Co. <br> Ltd.<br>| 32984 | 466060 |
|  | Hanyang Securities <br> Co. Ltd.<br>| 27737 | 369464 |
| #\* | Harim Co. Ltd. | 112482 | 227288 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Harim Holdings Co. <br> Ltd.<br>| 28814 | $149340 |
|  | HB SOLUTION Co. <br> Ltd.<br>| 56874 | 101410 |
|  | HB Technology Co. <br> Ltd.<br>| 40186 | 55870 |
| \* | HBL Corp. | 8579 | 33099 |
| # | HD Hyundai <br> Construction <br> Equipment Co. Ltd.<br>| 25882 | 1812979 |
| #\* | HD Hyundai Energy <br> Solutions Co. Ltd.<br>| 10284 | 408559 |
|  | HD Hyundai Infracore <br> Co. Ltd.<br>| 327959 | 3498951 |
| # | HDC Holdings Co. <br> Ltd.<br>| 76944 | 992941 |
| # | HDC Hyundai <br> Development <br> Co-Engineering & <br> Construction<br>| 94297 | 1273744 |
| \* | HD-Hyundai Marine <br> Engine<br>| 47003 | 3271188 |
| # | Hecto Financial Co. <br> Ltd.<br>| 9735 | 111027 |
|  | Hecto Innovation Co. <br> Ltd.<br>| 16834 | 190954 |
| #\* | Helixmith Co. Ltd. | 20003 | 74319 |
| #\* | Heung-A Shipping Co. <br> Ltd.<br>| 78758 | 96166 |
| # | Heunggu Oil Co. Ltd. | 10187 | 87821 |
|  | High Tech Pharm Co. <br> Ltd.<br>| 5012 | 44169 |
| # | Hite Jinro Co. Ltd. | 82045 | 1083335 |
| #\* | HJ Shipbuilding & <br> Construction Co. <br> Ltd.<br>| 14292 | 282316 |
| # | HK inno N Corp. | 38595 | 1336705 |
|  | HL Holdings Corp. | 7567 | 214871 |
| # | HL Mando Co. Ltd. | 73278 | 1975735 |
| \* | HLB Biostep Co. Ltd. | 14715 | 12692 |
| \* | HLB Global Co. Ltd. | 41822 | 60838 |
| #\* | Hlb Pharma Ceutical <br> Co. Ltd.<br>| 22860 | 246166 |
| #\* | HLB Therapeutics Co. <br> Ltd.<br>| 78794 | 184168 |
| #\* | Hotel Shilla Co. Ltd. | 36737 | 1252720 |
| # | HPSP Co. Ltd. | 10766 | 259630 |
|  | HRS Co. Ltd. | 4048 | 14704 |
|  | HS Hyosung <br> Advanced Materials <br> Corp.<br>| 153 | 19852 |
| #\* | Humasis Co. Ltd. | 80571 | 69095 |
| # | Humedix Co. Ltd. | 17078 | 601043 |
|  | Huons Co. Ltd. | 26666 | 546552 |

---

1048

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Huons Global Co. <br> Ltd.<br>| 19370 | $740381 |
| # | Husteel Co. Ltd. | 68021 | 195332 |
|  | Huvitz Co. Ltd. | 4993 | 28880 |
| # | Hwa Shin Co. Ltd. | 51695 | 318654 |
|  | Hwaseung Enterprise <br> Co. Ltd.<br>| 27641 | 98723 |
|  | Hy-Lok Corp. | 20117 | 524412 |
|  | Hyosung Corp. | 12405 | 1100466 |
|  | Hyosung Heavy <br> Industries Corp.<br>| 936 | 1396174 |
|  | Hyosung TNC Corp. | 637 | 92860 |
|  | Hyundai Bioland Co. <br> Ltd.<br>| 13717 | 42623 |
|  | Hyundai BNG Steel <br> Co. Ltd.<br>| 22603 | 177725 |
| # | HYUNDAI Corp. | 17473 | 259964 |
| # | Hyundai Department <br> Store Co. Ltd.<br>| 34254 | 1940544 |
|  | Hyundai Elevator Co. <br> Ltd.<br>| 8506 | 450850 |
|  | HYUNDAI EVERDIGM <br> Corp.<br>| 3301 | 17925 |
|  | Hyundai Ezwel Co. <br> Ltd.<br>| 18273 | 67556 |
|  | Hyundai Futurenet Co. <br> Ltd.<br>| 73607 | 164120 |
|  | Hyundai GF Holdings | 23930 | 130698 |
|  | Hyundai Green Food | 34518 | 364545 |
|  | Hyundai Home <br> Shopping Network <br> Corp.<br>| 791 | 29187 |
|  | Hyundai Livart <br> Furniture Co. Ltd.<br>| 20873 | 96741 |
| # | Hyundai Motor <br> Securities Co. Ltd.<br>| 46975 | 287284 |
| # | Hyundai Movex Co. <br> Ltd.<br>| 82239 | 582121 |
|  | Hyundai <br> Pharmaceutical Co. <br> Ltd.<br>| 7639 | 19782 |
|  | Hyundai Wia Corp. | 45417 | 1863999 |
| # | HyVision System, Inc. | 35874 | 406739 |
| # | i3system, Inc. | 15256 | 828346 |
|  | iFamilySC Co. Ltd. | 12632 | 157290 |
| #\* | Il Dong <br> Pharmaceutical Co. <br> Ltd.<br>| 46117 | 759917 |
|  | Iljin Diamond Co. Ltd. | 10553 | 103448 |
| # | Iljin Electric Co. Ltd. | 76462 | 3073628 |
|  | Iljin Holdings Co. Ltd. | 26180 | 128509 |
| \* | Iljin Hysolus Co. Ltd. | 13181 | 176797 |
|  | Iljin Power Co. Ltd. | 13992 | 108537 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Ilshin Spinning Co. <br> Ltd.<br>| 36417 | $307354 |
| #\* | Ilshin Stone Co. Ltd. | 29540 | 36703 |
|  | Ilyang Pharmaceutical <br> Co. Ltd.<br>| 9185 | 84130 |
|  | iM Financial Group <br> Co. Ltd.<br>| 428318 | 3974007 |
| # | InBody Co. Ltd. | 38971 | 784327 |
| # | Incar Financial <br> Service Co. Ltd.<br>| 31859 | 267473 |
|  | Infinitt Healthcare Co. <br> Ltd.<br>| 10456 | 43006 |
|  | INFOvine Co. Ltd. | 588 | 27624 |
|  | Inhwa Precision Co. <br> Ltd.<br>| 3198 | 134369 |
|  | Innocean Worldwide, <br> Inc.<br>| 12752 | 153386 |
| # | InnoWireless Co. Ltd. | 14619 | 239700 |
| # | Innox Advanced <br> Materials Co. Ltd.<br>| 42455 | 732074 |
| \* | Inscobee, Inc. | 76874 | 40066 |
| #\* | Insun ENT Co. Ltd. | 101302 | 298552 |
| \* | Intekplus Co. Ltd. | 1300 | 13249 |
|  | Intellian Technologies, <br> Inc.<br>| 13581 | 429955 |
|  | Intelligent Digital <br> Integrated Security <br> Co. Ltd.<br>| 12279 | 154789 |
| \* | Interflex Co. Ltd. | 9935 | 64317 |
| # | Interojo Co. Ltd. | 24056 | 288962 |
| # | INTOPS Co. Ltd. | 32084 | 363552 |
| # | INVENI Co. Ltd. | 3342 | 145245 |
|  | IS Dongseo Co. Ltd. | 43894 | 571988 |
| # | ISC Co. Ltd. | 28505 | 1583265 |
| # | i-SENS, Inc. | 57878 | 702195 |
| \* | ISU Abxis Co. Ltd. | 44306 | 152010 |
| \* | ISU Chemical Co. <br> Ltd.<br>| 33498 | 250253 |
| \* | ISU Specialty <br> Chemical<br>| 47981 | 1860138 |
| #\* | Itcenglobal Co. Ltd. | 9977 | 130712 |
| \* | ITM Semiconductor <br> Co. Ltd.<br>| 10166 | 85411 |
| \* | J Steel Co. Holdings, <br> Inc.<br>| 39555 | 39170 |
| #\* | Jahwa Electronics Co. <br> Ltd.<br>| 32011 | 486200 |
|  | JB Financial Group <br> Co. Ltd.<br>| 118468 | 1865136 |
| \* | Jeil Pharmaceutical <br> Co. Ltd.<br>| 5428 | 54806 |
| \* | Jeju Air Co. Ltd. | 43501 | 174180 |
| #\* | Jeju Semiconductor <br> Corp.<br>| 98093 | 1406709 |

---

1049

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | JETEMA Co. Ltd. | 27193 | $110778 |
| # | Jinsung T.E.C. | 32603 | 298554 |
|  | JNK Global Co. Ltd. | 3433 | 10669 |
| #\* | JNTC Co. Ltd. | 28417 | 537919 |
| #\* | Joongang Advanced <br> Materials Co. Ltd.<br>| 66258 | 172784 |
| \* | JoyCity Corp. | 27323 | 35946 |
|  | Jungdawn Co. Ltd. | 6003 | 11054 |
| # | Jusung Engineering <br> Co. Ltd.<br>| 82875 | 1776485 |
| # | JVM Co. Ltd. | 13712 | 268465 |
|  | JW Holdings Corp. | 189488 | 432297 |
|  | JW Life Science <br> Corp.<br>| 6069 | 57250 |
|  | JW Pharmaceutical <br> Corp.<br>| 44214 | 727986 |
|  | JYP Entertainment <br> Corp.<br>| 18844 | 1068426 |
| # | K Car Co. Ltd. | 29897 | 317824 |
|  | K Ensol Co. Ltd. | 4092 | 32852 |
| #\* | Kakao Games Corp. | 94456 | 1065296 |
|  | Kangnam Jevisco Co. <br> Ltd.<br>| 17452 | 150435 |
| #\* | Kangstem Biotech Co. <br> Ltd.<br>| 139539 | 140903 |
| \* | Kangwon Energy Co. <br> Ltd.<br>| 15097 | 169806 |
|  | KC Co. Ltd. | 27573 | 504142 |
| # | KC Tech Co. Ltd. | 30014 | 803772 |
|  | KCC Glass Corp. | 5493 | 100012 |
|  | KCTC | 8463 | 32082 |
| \* | KEC Corp. | 100487 | 54690 |
| \* | Kencoa Aerospace <br> Co.<br>| 2365 | 19275 |
| # | KEPCO Plant Service <br> & Engineering Co. <br> Ltd.<br>| 43340 | 1537295 |
|  | KG Chemical Corp. | 11587 | 39542 |
| # | KG Dongbusteel | 61105 | 233440 |
| \* | KG Mobility Co. | 14812 | 39608 |
|  | Kginicis Co. Ltd. | 27758 | 199753 |
| # | KGMobilians Co. Ltd. | 40320 | 139646 |
|  | KH Vatec Co. Ltd. | 49877 | 438387 |
| #\* | KidariStudio, Inc. | 36845 | 99029 |
| # | KINX, Inc. | 8997 | 586742 |
|  | KISCO Corp. | 60091 | 422308 |
|  | KISCO Holdings Co. <br> Ltd.<br>| 31963 | 574031 |
|  | KISWIRE Ltd. | 35588 | 445853 |
| \* | KMW Co. Ltd. | 42963 | 511711 |
| \* | KNJ Co. Ltd. | 15605 | 284917 |
| \* | KoBioLabs, Inc. | 6143 | 21687 |
| # | Koh Young <br> Technology, Inc.<br>| 186625 | 2175053 |
| # | Kolmar BNH Co. Ltd. | 16809 | 163547 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Kolmar Holdings Co. <br> Ltd.<br>| 60370 | $467713 |
| # | Kolmar Korea Co. <br> Ltd.<br>| 34848 | 1881034 |
| # | Kolon Corp. | 18695 | 570655 |
|  | Kolon Enp, Inc. | 3862 | 21011 |
| # | Kolon Industries, Inc. | 40258 | 1003866 |
| #\* | Kolon Life Science, <br> Inc.<br>| 11788 | 271274 |
| # | KoMiCo Ltd. | 19025 | 1469641 |
| #\* | Komipharm <br> International Co. <br> Ltd.<br>| 46449 | 196907 |
|  | KONA I Co. Ltd. | 10350 | 342180 |
|  | Korea Airport Service <br> Co. Ltd.<br>| 537 | 22518 |
|  | Korea Alcohol <br> Industrial Co. Ltd.<br>| 45206 | 296337 |
|  | Korea Asset In Trust <br> Co. Ltd.<br>| 63968 | 99408 |
|  | Korea Cast Iron Pipe <br> Industries Co. Ltd.<br>| 7969 | 37456 |
| #\* | Korea Circuit Co. Ltd. | 28928 | 417237 |
| # | Korea District Heating <br> Corp.<br>| 5230 | 350808 |
|  | Korea Electric <br> Terminal Co. Ltd.<br>| 17663 | 765949 |
|  | Korea Electronic <br> Certification <br> Authority, Inc.<br>| 3620 | 9457 |
| # | Korea Electronic <br> Power Industrial <br> Development Co. <br> Ltd.<br>| 52760 | 454543 |
|  | Korea Export <br> Packaging Industrial <br> Co. Ltd.<br>| 44390 | 89562 |
|  | Korea Fuel-Tech <br> Corp.<br>| 22616 | 94974 |
| #\* | Korea Information & <br> Communications <br> Co. Ltd.<br>| 27427 | 156368 |
|  | Korea Information <br> Certificate Authority, <br> Inc.<br>| 14595 | 63472 |
| \* | Korea Line Corp. | 370347 | 487687 |
|  | Korea Movenex Co. <br> Ltd.<br>| 12102 | 33697 |
|  | Korea Petrochemical <br> Ind Co. Ltd.<br>| 1059 | 97182 |
|  | Korea Petroleum <br> Industries Co.<br>| 3083 | 30076 |
|  | Korea Ratings Corp. | 289 | 19880 |

---

1050

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Korea Real Estate <br> Investment & Trust <br> Co. Ltd.<br>| 49149 | $45071 |
|  | Korea United Pharm, <br> Inc.<br>| 33488 | 446550 |
|  | Korean Reinsurance <br> Co.<br>| 451550 | 3360148 |
|  | Koryo Credit <br> Information Co. <br> Ltd.<br>| 4683 | 34337 |
| \* | KOSES Co. Ltd. | 3581 | 72401 |
|  | KPX Chemical Co. <br> Ltd.<br>| 1968 | 66097 |
|  | KSP Co. Ltd. | 15739 | 64888 |
|  | KSS LINE Ltd. | 45952 | 297913 |
| \* | Kt alpha Co. Ltd. | 8932 | 33777 |
| \* | KT Millie Seojae Co. <br> Ltd.<br>| 4507 | 41281 |
|  | KT Skylife Co. Ltd. | 32005 | 112457 |
| \*†† | Kuk-il Paper <br> Manufacturing Co. <br> Ltd.<br>| 190710 | 50999 |
|  | Kukjeon <br> Pharmaceutical Co. <br> Ltd.<br>| 14845 | 37701 |
| \* | Kumho HT, Inc. | 89518 | 35870 |
| #\* | Kumho Tire Co., Inc. | 126231 | 417660 |
|  | Kwang Dong <br> Pharmaceutical Co. <br> Ltd.<br>| 112403 | 450210 |
| #\* | Kwangmu Co. Ltd. | 76195 | 121069 |
|  | Kyeryong Construction <br> Industrial Co. Ltd.<br>| 18316 | 221029 |
| # | Kyobo Securities Co. <br> Ltd.<br>| 47296 | 312402 |
| # | Kyung Dong Navien <br> Co. Ltd.<br>| 21138 | 1046042 |
|  | Kyungbang Co. Ltd. | 3959 | 18528 |
|  | KyungDong City Gas <br> Co. Ltd.<br>| 6435 | 92557 |
| # | Kyungdong Pharm <br> Co. Ltd.<br>| 26118 | 104151 |
|  | Kyung-In Synthetic <br> Corp.<br>| 59900 | 123055 |
|  | KZ Precision Corp. | 17846 | 188218 |
| # | L&C Bio Co. Ltd. | 6759 | 249598 |
| \* | L&K Biomed Co. Ltd. | 21563 | 136576 |
| #\* | LabGenomics Co. <br> Ltd.<br>| 48345 | 74755 |
| # | Lake Materials Co. <br> Ltd.<br>| 115339 | 1180540 |
| \* | LB Semicon, Inc. | 21558 | 75029 |
| # | Lee Ku Industrial Co. <br> Ltd.<br>| 40118 | 138708 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | LF Corp. | 36099 | $462498 |
| \* | LG HelloVision Co. <br> Ltd.<br>| 84791 | 145074 |
| #\* | LOT Vacuum Co. Ltd. | 30677 | 280163 |
|  | Lotte Chilsung <br> Beverage Co. Ltd.<br>| 7540 | 609751 |
| \* | Lotte Data <br> Communication Co.<br>| 5033 | 73170 |
| \* | Lotte Energy Materials <br> Corp.<br>| 28677 | 521569 |
|  | LOTTE Fine Chemical <br> Co. Ltd.<br>| 40344 | 1289192 |
|  | LOTTE Himart Co. <br> Ltd.<br>| 34338 | 184158 |
| #\* | Lotte Non-Life <br> Insurance Co. Ltd.<br>| 60012 | 79851 |
|  | Lotte Rental Co. Ltd. | 38382 | 788588 |
|  | Lotte Shopping Co. <br> Ltd.<br>| 19802 | 903643 |
| \* | Lotte Tour <br> Development Co. <br> Ltd.<br>| 65068 | 827309 |
| # | Lotte Wellfood Co. <br> Ltd.<br>| 1338 | 106927 |
| # | LS Eco Energy Ltd. | 35473 | 1142663 |
| # | LS Marine Solution <br> Co. Ltd.<br>| 67604 | 1365001 |
| #\* | LS Materials Ltd. | 33510 | 314386 |
|  | LTC Co. Ltd. | 4363 | 64373 |
| #\* | LVMC Holdings | 282411 | 328323 |
|  | LX Hausys Ltd. | 1881 | 37107 |
|  | LX Holdings Corp. | 72830 | 416588 |
| # | LX International Corp. | 80294 | 1696484 |
| # | LX Semicon Co. Ltd. | 27391 | 1098586 |
|  | Macrogen, Inc. | 14300 | 151942 |
|  | Maeil Dairies Co. Ltd. | 2274 | 55277 |
|  | MAKUS, Inc. | 2486 | 45891 |
|  | Mcnex Co. Ltd. | 36111 | 787481 |
| \* | ME2ON Co. Ltd. | 16125 | 54633 |
| \* | Medipost Co. Ltd. | 25858 | 313506 |
| \* | MedPacto, Inc. | 48964 | 149050 |
| # | Medytox, Inc. | 11223 | 945042 |
| \* | Meerecompany, Inc. | 2046 | 21926 |
| # | MegaStudy Co. Ltd. | 20057 | 158555 |
| # | MegaStudyEdu Co. <br> Ltd.<br>| 26459 | 771359 |
| # | Mgame Corp. | 40981 | 186515 |
|  | Mi Chang Oil <br> Industrial Co. Ltd.<br>| 981 | 74950 |
| #\* | MiCo Ltd. | 74179 | 752354 |
| \* | Micro Digital Co. Ltd. | 5109 | 29847 |
| \* | Mirae Asset Life <br> Insurance Co. Ltd.<br>| 94577 | 581976 |

---

1051

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Mirae Asset Venture <br> Investment Co. Ltd.<br>| 30197 | $180239 |
|  | Misto Holdings Corp. | 10628 | 274134 |
|  | Miwon Chemicals Co. <br> Ltd.<br>| 3654 | 220115 |
|  | Miwon Commercial <br> Co. Ltd.<br>| 5072 | 538259 |
| # | Miwon Specialty <br> Chemical Co. Ltd.<br>| 5925 | 584101 |
|  | MK Electron Co. Ltd. | 57809 | 373853 |
|  | MNTech Co. Ltd. | 59123 | 468019 |
|  | Modetour Network, <br> Inc.<br>| 31678 | 247117 |
| \* | MONAYONGPYONG | 25624 | 62454 |
| \* | Motrex Co. Ltd. | 20582 | 125354 |
|  | mPlus Corp. | 8758 | 106624 |
| \* | MS Autotech Co. Ltd. | 10359 | 17373 |
|  | Muhak Co. Ltd. | 14237 | 85896 |
|  | Myoung Shin <br> Industrial Co. Ltd.<br>| 49704 | 324988 |
| \* | Naintech Co. Ltd. | 8383 | 23672 |
|  | Namhae Chemical <br> Corp.<br>| 65840 | 297637 |
| #\* | Namsun Aluminum <br> Co. Ltd.<br>| 241019 | 180614 |
|  | Namuga Co. Ltd. | 27708 | 327687 |
|  | Namyang Dairy <br> Products Co. Ltd.<br>| 5091 | 183899 |
| # | NeoPharm Co. Ltd. | 21216 | 254603 |
| # | Neosem, Inc. | 19145 | 167370 |
| \* | Neowiz | 43589 | 748083 |
|  | Neowiz Holdings <br> Corp.<br>| 6517 | 105342 |
| #\* | NEPES Corp. | 45134 | 548214 |
| \* | Neptune Co. | 24143 | 99860 |
| # | New Power Plasma <br> Co. Ltd.<br>| 52076 | 226262 |
|  | Nexen Corp. | 108320 | 406457 |
|  | Nexen Tire Corp. | 13328 | 59995 |
| #\* | Nexon Games Co. <br> Ltd.<br>| 3158 | 29573 |
| # | NEXTIN, Inc. | 13447 | 619413 |
|  | NHN Corp. | 14205 | 288208 |
| # | NHN KCP Corp. | 80285 | 896009 |
|  | NICE Holdings Co. <br> Ltd.<br>| 60819 | 591887 |
|  | Nice Information & <br> Telecommunication, <br> Inc.<br>| 3385 | 54248 |
| # | NICE Information <br> Service Co. Ltd.<br>| 122690 | 1246946 |
| # | Nong Shim Holdings <br> Co. Ltd.<br>| 5449 | 359457 |
|  | NongShim Co. Ltd. | 3057 | 934738 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Noroo Holdings Co. <br> Ltd.<br>| 5537 | $89538 |
|  | NOROO Paint & <br> Coatings Co. Ltd.<br>| 10940 | 64943 |
|  | NOVAREX Co. Ltd. | 14320 | 171265 |
|  | Novatech Co. Ltd. | 1579 | 21968 |
| # | NPC | 58198 | 165608 |
| \* | NUVOTEC Co. Ltd. | 50183 | 46734 |
|  | OCI Co. Ltd. | 7603 | 314679 |
| # | OCI Holdings Co. Ltd. | 34318 | 2743959 |
| \* | Okins Electronics Co. <br> Ltd.<br>| 14963 | 96773 |
|  | ONEJOON Co. Ltd. | 3663 | 23592 |
| \* | OptoElectronics <br> Solutions Co. Ltd.<br>| 5572 | 56631 |
| \* | Orbitech Co. Ltd. | 11650 | 35059 |
| # | Oriental Precision & <br> Engineering Co. <br> Ltd.<br>| 52444 | 383288 |
| # | Orion Holdings Corp. | 62522 | 832427 |
|  | Osang Healthcare Co. <br> Ltd.<br>| 7456 | 67588 |
| \* | OSTEONIC Co. Ltd. | 29285 | 147787 |
| \* | Osung Advanced <br> Materials Co. Ltd.<br>| 85390 | 94087 |
| # | Otoki Corp. | 1945 | 530006 |
|  | Pang Rim Co. Ltd. | 10798 | 37773 |
| \* | Panstar Enterprise <br> Co. Ltd.<br>| 85620 | 43250 |
| # | Paradise Co. Ltd. | 120764 | 1564725 |
| # | Park Systems Corp. | 13163 | 2242207 |
|  | Partron Co. Ltd. | 46506 | 225565 |
| #\* | Pearl Abyss Corp. | 11526 | 279581 |
| # | People & Technology, <br> Inc.<br>| 42761 | 1293755 |
|  | PHA Co. Ltd. | 16874 | 138026 |
|  | PharmaResearch Co. <br> Ltd.<br>| 13520 | 5118771 |
| \* | PharmGen Science, <br> Inc.<br>| 13155 | 37241 |
| # | Pharmicell Co. Ltd. | 129668 | 1539210 |
| # | Philenergy Co. Ltd. | 16792 | 168218 |
| #\* | Philoptics Co. Ltd. | 44336 | 1304752 |
| # | PI Advanced Materials <br> Co. Ltd.<br>| 53939 | 685205 |
| #\* | PKC Co. Ltd. | 98951 | 434245 |
| #\* | Polaris AI Corp. | 116760 | 188433 |
| #\* | Polaris Office Corp. | 29669 | 106460 |
|  | Pond Group Co. Ltd. | 2089 | 11900 |
| \* | PonyLink Co. Ltd. | 123733 | 72026 |
|  | Poongsan Corp. | 51718 | 3977566 |
| # | Poongsan Holdings <br> Corp.<br>| 37452 | 1015264 |

---

1052

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Posco M-Tech Co. <br> Ltd.<br>| 72480 | $776904 |
| # | POSCO Steeleon Co. <br> Ltd.<br>| 4123 | 111373 |
| #\* | Power Logics Co. <br> Ltd.<br>| 66581 | 192188 |
| \* | Prestige Biologics Co. <br> Ltd.<br>| 42084 | 89011 |
|  | Protec Co. Ltd. | 14082 | 308203 |
| # | PSK Holdings, Inc. | 7153 | 244583 |
| # | PSK, Inc. | 61581 | 1622912 |
| # | Pulmuone Co. Ltd. | 26098 | 243372 |
| # | Pumtech Korea Co. <br> Ltd.<br>| 13185 | 490456 |
| #\* | Refine Co. Ltd. | 15771 | 136657 |
| \* | Reyon Pharmaceutical <br> Co. Ltd.<br>| 7138 | 53966 |
|  | RFHIC Corp. | 16463 | 384930 |
| #\* | Robostar Co. Ltd. | 21039 | 1279306 |
| #\* | Robotis Co. Ltd. | 10858 | 1673842 |
| # | Rorze Systems Corp. | 13518 | 105526 |
|  | S&D Co. Ltd. | 1978 | 102107 |
| # | S&S Tech Corp. | 46108 | 1809053 |
| \* | Sajo Industries Co. <br> Ltd.<br>| 6890 | 233396 |
|  | Sajodaerim Corp. | 3272 | 86291 |
|  | Sajodongaone Co. <br> Ltd.<br>| 23952 | 18852 |
|  | Sam Young <br> Electronics Co. Ltd.<br>| 27048 | 202924 |
|  | Sam Yung Trading <br> Co. Ltd.<br>| 53069 | 565639 |
|  | Sam-A Aluminum Co. <br> Ltd.<br>| 4228 | 71154 |
|  | Samchully Co. Ltd. | 5272 | 455471 |
|  | SAMHWA Paints <br> Industrial Co. Ltd.<br>| 11465 | 46710 |
| # | Samhyun Co. Ltd. | 8294 | 181302 |
| #†† | Samick THK Co. Ltd. | 29411 | 154203 |
| #\* | Samil Pharmaceutical <br> Co. Ltd.<br>| 36805 | 244863 |
|  | Samji Electronics Co. <br> Ltd.<br>| 13833 | 120789 |
|  | Samjin <br> Pharmaceutical Co. <br> Ltd.<br>| 27872 | 385996 |
|  | Sammok S-Form Co. <br> Ltd.<br>| 17220 | 240369 |
| # | SAMPYO Cement Co. <br> Ltd.<br>| 76230 | 160695 |
| \* | Samsung <br> Pharmaceutical Co. <br> Ltd.<br>| 87379 | 94002 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Samsung Publishing <br> Co. Ltd.<br>| 2825 | $32068 |
|  | SAMT Co. Ltd. | 211277 | 546462 |
| # | Samwha Capacitor <br> Co. Ltd.<br>| 26881 | 635316 |
| # | Samwha Electric Co. <br> Ltd.<br>| 3974 | 97262 |
|  | Samyang Foods Co. <br> Ltd.<br>| 2795 | 2639488 |
| # | Samyang Holdings <br> Corp.<br>| 10226 | 750743 |
|  | Samyang Tongsang <br> Co. Ltd.<br>| 2102 | 76285 |
|  | Samyoung Co. Ltd. | 58165 | 200605 |
| # | Sang-A Frontec Co. <br> Ltd.<br>| 33799 | 439276 |
|  | Sangsin Energy <br> Display Precision <br> Co. Ltd.<br>| 10721 | 95697 |
|  | Saramin Co. Ltd. | 16703 | 156402 |
| # | Satrec Initiative Co. <br> Ltd.<br>| 22920 | 967819 |
| \* | SBI Investment Korea <br> Co. Ltd.<br>| 62422 | 29910 |
| \*†† | SBW | 88120 | 31172 |
| # | SD Biosensor, Inc. | 82636 | 553439 |
|  | SeAH Besteel <br> Holdings Corp.<br>| 34022 | 655000 |
|  | SeAH Holdings Corp. | 3283 | 276381 |
| # | SeAH Steel Corp. | 3625 | 321635 |
| # | SeAH Steel Holdings <br> Corp.<br>| 5936 | 596783 |
|  | Sebang Co. Ltd. | 27002 | 257276 |
| # | Sebang Global Battery <br> Co. Ltd.<br>| 18787 | 857882 |
| # | Seegene, Inc. | 79484 | 1409766 |
|  | Segyung Hitech Co. <br> Ltd.<br>| 6340 | 25379 |
| # | Sejin Heavy Industries <br> Co. Ltd.<br>| 51963 | 803086 |
|  | Sejong Industrial Co. <br> Ltd.<br>| 15140 | 87379 |
| #\* | Selvas AI, Inc. | 11553 | 111503 |
| \* | SEMCNS Co. Ltd. | 3605 | 19531 |
|  | Semyung Electric <br> Machinery Co. Ltd.<br>| 9763 | 78352 |
| # | Seobu T&D | 89612 | 572611 |
|  | Seohee Construction <br> Co. Ltd.<br>| 21370 | 24344 |
| #\* | Seojin System Co. <br> Ltd.<br>| 53663 | 1017904 |
| #\* | Seoul Auction Co. <br> Ltd.<br>| 11775 | 56595 |

---

1053

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Seoul City Gas Co. <br> Ltd.<br>| 652 | $28869 |
| \* | Seoul Semiconductor <br> Co. Ltd.<br>| 77567 | 340755 |
| # | Seoyon Co. Ltd. | 52444 | 347124 |
|  | Seoyon E-Hwa Co. <br> Ltd.<br>| 34258 | 312011 |
| \* | Sewon E&C Co. Ltd. | 103618 | 8800 |
| # | SFA Engineering <br> Corp.<br>| 46959 | 813982 |
| #\* | SFA Semicon Co. <br> Ltd.<br>| 212634 | 635269 |
| #\* | SG Co. Ltd. | 93770 | 146638 |
|  | SGC Energy Co. Ltd. | 8259 | 130849 |
| # | Shin Heung Energy & <br> Electronics Co. Ltd.<br>| 34347 | 131369 |
|  | Shindaeyang Paper <br> Co. Ltd.<br>| 4698 | 40549 |
| # | Shinil Electronics Co. <br> Ltd.<br>| 169775 | 153238 |
|  | Shinsegae Food Co. <br> Ltd.<br>| 429 | 10618 |
|  | Shinsegae Information <br> & Communication <br> Co. Ltd.<br>| 4124 | 43485 |
|  | Shinsegae <br> International, Inc.<br>| 18432 | 132837 |
|  | Shinsegae, Inc. | 17274 | 2105383 |
| # | Shinsung Delta Tech <br> Co. Ltd.<br>| 17429 | 668227 |
| #\* | Shinsung E&G Co. <br> Ltd.<br>| 363332 | 470320 |
|  | Shinsung ST Co. Ltd. | 1673 | 49878 |
|  | Shinwon Corp. | 17198 | 17575 |
| # | Shinyoung Securities <br> Co. Ltd.<br>| 17134 | 1736476 |
| \* | SillaJen, Inc. | 57346 | 115288 |
|  | SIMMTECH Co. Ltd. | 56473 | 2483983 |
|  | SIMPAC, Inc. | 9817 | 31842 |
|  | Sindoh Co. Ltd. | 8255 | 246314 |
| # | SK Chemicals Co. <br> Ltd.<br>| 25289 | 1120587 |
| # | SK Discovery Co. <br> Ltd.<br>| 30848 | 1284085 |
| #\* | SK Eternix Co. Ltd. | 38974 | 567391 |
|  | SK Gas Ltd. | 6987 | 1276694 |
| #\*Ω | SK IE Technology Co. <br> Ltd.<br>| 32513 | 698483 |
|  | SK Networks Co. Ltd. | 285912 | 910117 |
| #\* | SK oceanplant Co. <br> Ltd.<br>| 79243 | 1176948 |
| # | SK Securities Co. <br> Ltd.<br>| 863449 | 423650 |
| # | SL Corp. | 48829 | 1240657 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | SMEC Co. Ltd. | 97327 | $280028 |
| # | SNT Dynamics Co. <br> Ltd.<br>| 41800 | 1577656 |
| #\* | SNT Holdings Co. <br> Ltd.<br>| 24371 | 1084062 |
| # | SNT Motiv Co. Ltd. | 57546 | 1379931 |
| # | Solid, Inc. | 151084 | 850624 |
| #\* | SOLUM Co. Ltd. | 73191 | 917901 |
| \* | Solux Co. Ltd. | 52526 | 159650 |
|  | Songwon Industrial <br> Co. Ltd.<br>| 40517 | 272697 |
| # | Soop Co. Ltd. | 24718 | 1258468 |
| # | Soosan Industries Co. <br> Ltd.<br>| 8489 | 129553 |
| # | Soulbrain Co. Ltd. | 3962 | 783601 |
| # | Soulbrain Holdings <br> Co. Ltd.<br>| 18254 | 547734 |
|  | SPC Samlip Co. Ltd. | 1349 | 49209 |
| # | SPG Co. Ltd. | 39138 | 924407 |
| # | ST Pharm Co. Ltd. | 19931 | 1415134 |
| # | STIC Investments, <br> Inc.<br>| 123274 | 899539 |
|  | Straffic Co. Ltd. | 39623 | 101640 |
| #\* | Studio Dragon Corp. | 30469 | 972673 |
|  | Suheung Co. Ltd. | 15919 | 298649 |
| \* | Sukgyung AT Co. Ltd. | 7443 | 228624 |
| # | Sung Kwang Bend <br> Co. Ltd.<br>| 53485 | 1179820 |
| # | Sungshin Cement Co. <br> Ltd.<br>| 44933 | 295695 |
| # | Sungwoo Hitech Co. <br> Ltd.<br>| 122192 | 579017 |
|  | Sunjin Co. Ltd. | 25264 | 176404 |
| #\* | Suprema, Inc. | 13237 | 313311 |
| \* | Suresoft Technologies, <br> Inc.<br>| 8482 | 30903 |
| # | SY Co. Ltd. | 41163 | 87834 |
|  | SY Steel Tech, Inc. | 14042 | 32656 |
| #\* | Synergy Innovation <br> Co. Ltd.<br>| 120206 | 205335 |
| #\* | Synopex, Inc. | 256749 | 1178144 |
| # | Systems Technology, <br> Inc.<br>| 37695 | 603166 |
| # | T&L Co. Ltd. | 12428 | 400415 |
|  | T3 Entertainment Co. <br> Ltd.<br>| 30983 | 41037 |
|  | Tae Kyung Industrial <br> Co. Ltd.<br>| 33888 | 120241 |
| # | Taekwang Industrial <br> Co. Ltd.<br>| 710 | 399307 |
| #\* | Taewoong Co. Ltd. | 24606 | 529899 |
| # | TCC Steel | 26332 | 338410 |
| # | TechWing, Inc. | 97261 | 4519588 |
| # | Telechips, Inc. | 28079 | 274257 |

---

1054

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | TEMC Co. Ltd. | 10170 | $66464 |
| # | TES Co. Ltd. | 45212 | 1398154 |
| \* | TFE Co. Ltd. | 3452 | 98377 |
| \* | TK Chemical Corp. | 18185 | 21069 |
| # | TK Corp. | 47666 | 943641 |
|  | TKG Huchems Co. <br> Ltd.<br>| 52809 | 662054 |
| # | TLB Co. Ltd. | 18038 | 863591 |
| # | Tokai Carbon Korea <br> Co. Ltd.<br>| 17011 | 1975348 |
| \* | Tongyang Life <br> Insurance Co. Ltd.<br>| 93235 | 442541 |
|  | Tonymoly Co. Ltd. | 6329 | 42395 |
|  | Toptec Co. Ltd. | 13383 | 43757 |
| # | Tovis Co. Ltd. | 39177 | 411615 |
| # | TS Corp. | 140490 | 276187 |
| # | TSE Co. Ltd. | 8349 | 302903 |
| \* | TSI Co. Ltd. | 5190 | 22036 |
| \* | Tway Air Co. Ltd. | 13327 | 17033 |
| # | TYM Corp. | 89222 | 371933 |
| # | UBCare Co. Ltd. | 70003 | 175446 |
| # | Ubiquoss Holdings, <br> Inc.<br>| 32753 | 246297 |
|  | Ubiquoss, Inc. | 39775 | 245641 |
| # | Uju Electronics Co. <br> Ltd.<br>| 15673 | 421558 |
| \* | Uni-Chem Co. Ltd. | 87228 | 80154 |
| # | Unid Co. Ltd. | 12791 | 602711 |
| # | Union Semiconductor <br> Equipment & <br> Materials Co. Ltd.<br>| 60412 | 422832 |
|  | Uniquest Corp. | 5493 | 29542 |
| #\* | Unison Co. Ltd. | 164673 | 140770 |
| #\* | UniTest, Inc. | 50562 | 717162 |
| # | Value Added <br> Technology Co. <br> Ltd.<br>| 26781 | 412125 |
| \* | Vaxcell-Bio <br> Therapeutics Co. <br> Ltd.<br>| 11189 | 72670 |
| # | VICTEK Co. Ltd. | 57301 | 150272 |
| \*†† | Vidente Co. Ltd. | 57951 | 25340 |
|  | Vieworks Co. Ltd. | 29404 | 390714 |
| #\* | Vina Tech Co. Ltd. | 6531 | 251990 |
| # | Vitzrocell Co. Ltd. | 48568 | 931879 |
| \* | VM, Inc. | 21402 | 360417 |
| #\* | VT Co. Ltd. | 54440 | 952636 |
| # | Webzen, Inc. | 44001 | 372357 |
| \*†† | Wellbiotec Co. Ltd. | 132296 | 9471 |
| #\* | Wemade Co. Ltd. | 7198 | 135360 |
|  | Whanin <br> Pharmaceutical Co. <br> Ltd.<br>| 31370 | 250832 |
|  | WiSoL Co. Ltd. | 37899 | 150188 |
| \* | Won Ik Corp. | 13035 | 74121 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Won Tech Co. Ltd. | 31985 | $190593 |
| #\* | Wonik Holdings Co. <br> Ltd.<br>| 94309 | 1804363 |
|  | WONIK IPS Co. Ltd. | 28192 | 1264451 |
|  | Wonik Materials Co. <br> Ltd.<br>| 16249 | 368739 |
| \* | Wonik Pne Co. Ltd. | 13909 | 37281 |
| # | Wonik QnC Corp. | 52975 | 866726 |
| # | Woojin Ntec, Inc. | 6333 | 112849 |
| # | Woojin, Inc. | 34048 | 362233 |
|  | Woongjin Thinkbig Co. <br> Ltd.<br>| 48500 | 49519 |
| #\* | Woori Technology <br> Investment Co. Ltd.<br>| 101045 | 634584 |
| #\* | Woori Technology, <br> Inc.<br>| 480804 | 1620125 |
| # | Worldex Industry & <br> Trading Co. Ltd.<br>| 40391 | 711401 |
| #\* | W-Scope Chungju <br> Plant Co. Ltd.<br>| 23281 | 128251 |
| \* | Wysiwyg Studios Co. <br> Ltd.<br>| 38707 | 20232 |
|  | Xexymix Corp. | 24123 | 77319 |
| \* | Xperix, Inc. | 6898 | 16675 |
|  | Y G-1 Co. Ltd. | 6593 | 23429 |
| #\* | YC Corp. | 94783 | 963193 |
| \* | Yest Co. Ltd. | 8144 | 100910 |
| # | YG Entertainment, <br> Inc.<br>| 36027 | 2312187 |
| #\* | YG PLUS | 49962 | 249110 |
| \* | YMT Co. Ltd. | 3786 | 34290 |
| # | Youlchon Chemical <br> Co. Ltd.<br>| 35492 | 786191 |
|  | Young Poong Corp. | 4860 | 167053 |
| # | Youngone Corp. | 42784 | 1734786 |
| # | Youngone Holdings <br> Co. Ltd.<br>| 20806 | 2073821 |
|  | Yuanta Securities <br> Korea Co. Ltd.<br>| 211855 | 573651 |
| \* | Yulho Co. Ltd. | 47438 | 35024 |
| #\* | Yungjin <br> Pharmaceutical Co. <br> Ltd.<br>| 213314 | 308173 |
|  | Yunsung F&C Co. <br> Ltd.<br>| 5466 | 145296 |
| # | Zeus Co. Ltd. | 66051 | 714267 |
| TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 377689161 |
| TAIWAN — (18.3%) | TAIWAN — (18.3%) | TAIWAN — (18.3%) | TAIWAN — (18.3%) |
|  | 104 Corp. | 1000 | 7289 |
| # | 91APP, Inc. | 98000 | 229445 |
|  | Abico Avy Co. Ltd. | 326918 | 528501 |
| # | Ability Enterprise Co. <br> Ltd.<br>| 666606 | 1849910 |

---

1055

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Ability <br> Opto-Electronics <br> Technology Co. <br> Ltd.<br>| 224776 | $718508 |
| # | AcBel Polytech, Inc. | 1685356 | 2376646 |
|  | Acer E-Enabling <br> Service Business, <br> Inc.<br>| 20000 | 149314 |
| # | ACES Electronic Co. <br> Ltd.<br>| 333822 | 743452 |
| \* | Acon Holding, Inc. | 686560 | 183634 |
| # | Acter Group Corp. <br> Ltd.<br>| 353980 | 8835744 |
| # | Action Electronics Co. <br> Ltd.<br>| 688000 | 252052 |
| # | Actron Technology <br> Corp.<br>| 139151 | 627574 |
|  | ADATA Technology <br> Co. Ltd.<br>| 1002243 | 6433951 |
| # | Addcn Technology Co. <br> Ltd.<br>| 95526 | 543888 |
| \* | Adimmune Corp. | 387000 | 239265 |
|  | Adlink Technology, <br> Inc.<br>| 4000 | 7691 |
| # | Advanced Ceramic X <br> Corp.<br>| 156000 | 601915 |
|  | Advanced <br> International <br> Multitech Co. Ltd.<br>| 384000 | 744780 |
| \* | Advanced <br> Optoelectronic <br> Technology, Inc.<br>| 111000 | 54725 |
| # | Advanced Power <br> Electronics Corp.<br>| 138000 | 456894 |
| # | Advancetek Enterprise <br> Co. Ltd.<br>| 1051519 | 1201695 |
|  | Aero Win Technology <br> Corp.<br>| 37000 | 52126 |
|  | Aerospace Industrial <br> Development Corp.<br>| 2123000 | 3638311 |
| # | AGV Products Corp. | 1432433 | 479362 |
| # | AIC, Inc. | 16934 | 208478 |
| # | Alexander Marine Co. <br> Ltd.<br>| 46618 | 294667 |
| # | Allied Circuit Co. Ltd. | 107845 | 595323 |
| # | Allied Supreme Corp. | 86000 | 689181 |
| # | Allis Electric Co. Ltd. | 550811 | 1971155 |
| # | Alltek Technology <br> Corp.<br>| 554423 | 575264 |
| # | Alltop Technology Co. <br> Ltd.<br>| 121774 | 976321 |
| # | Alpha Networks, Inc. | 834158 | 876710 |
| # | Altek Corp. | 803095 | 1288949 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Amazing <br> Microelectronic <br> Corp.<br>| 278352 | $901956 |
|  | Ambassador Hotel  | 1092000 | 1524119 |
|  | Ampak Technology, <br> Inc.<br>| 19000 | 42006 |
|  | Ampire Co. Ltd. | 317000 | 259735 |
| # | Ample Electronic <br> Technology Co. <br> Ltd.<br>| 35700 | 198536 |
| # | AMPOC Far-East Co. <br> Ltd.<br>| 351727 | 1031362 |
|  | AmTRAN Technology <br> Co. Ltd.<br>| 1384394 | 630764 |
| \* | Amulaire Thermal <br> Technology, Inc.<br>| 120017 | 141974 |
|  | Anderson Industrial <br> Corp.<br>| 72000 | 33454 |
|  | Anji Technology Co. <br> Ltd.<br>| 110317 | 133237 |
|  | Aopen, Inc. | 51000 | 80111 |
| # | Apac Opto <br> Electronics, Inc.<br>| 147000 | 384183 |
| # | Apacer Technology, <br> Inc.<br>| 315325 | 1056970 |
|  | APAQ Technology Co. <br> Ltd.<br>| 484 | 2894 |
|  | APCB, Inc. | 297000 | 141125 |
| # | Apex Biotechnology <br> Corp.<br>| 226483 | 241970 |
| # | Apex Dynamics, Inc. | 4000 | 86649 |
| #\* | Apex International Co. <br> Ltd.<br>| 406749 | 274476 |
|  | Apex Science & <br> Engineering<br>| 205255 | 73328 |
|  | ARBOR Technology <br> Corp.<br>| 88000 | 116451 |
|  | Arcadyan Technology <br> Corp.<br>| 473055 | 3091486 |
|  | Ardentec Corp. | 1249274 | 3785663 |
| # | ARES International <br> Corp.<br>| 62000 | 101985 |
|  | Argosy Research, <br> Inc.<br>| 185396 | 1102407 |
| # | Asia Optical Co., Inc. | 766000 | 3885166 |
| # | Asia Polymer Corp. | 1156996 | 471172 |
| # | Asia Tech Image, Inc. | 198000 | 489717 |
|  | ASIX Electronics <br> Corp.<br>| 92000 | 284162 |
|  | ASROCK, Inc. | 126000 | 1310747 |
| # | ATE Energy <br> International Co. <br> Ltd.<br>| 188000 | 183201 |

---

1056

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Aten International Co. <br> Ltd.<br>| 300479 | $591287 |
|  | Auden Techno Corp. | 44000 | 138494 |
| # | Audix Corp. | 279600 | 586789 |
| # | AURAS Technology <br> Co. Ltd.<br>| 136148 | 4635054 |
| # | Aurora Corp. | 262349 | 491537 |
|  | Avalue Technology, <br> Inc.<br>| 164000 | 592682 |
|  | Avermedia <br> Technologies<br>| 36000 | 45876 |
| # | Axiomtek Co. Ltd. | 218765 | 582669 |
|  | Azurewave <br> Technologies, Inc.<br>| 214000 | 506407 |
|  | Bafang Yunji <br> International Co. <br> Ltd.<br>| 77000 | 481828 |
|  | Bank of Kaohsiung <br> Co. Ltd.<br>| 3611343 | 1420349 |
| # | Basso Industry Corp. | 472900 | 500993 |
| # | BenQ Materials Corp. | 556000 | 375293 |
| \* | BES Engineering <br> Corp.<br>| 4254750 | 2117905 |
| #\* | Bin Chuan Enterprise <br> Co. Ltd.<br>| 224070 | 483910 |
| #\* | Bionime Corp. | 104486 | 208827 |
| #\* | Biostar Microtech <br> International Corp.<br>| 631975 | 466694 |
| # | Bioteque Corp. | 157308 | 629268 |
|  | Bora Pharmaceuticals <br> Co. Ltd.<br>| 14000 | 282506 |
| # | Brave C&H Supply <br> Co. Ltd.<br>| 50000 | 117913 |
| # | Bright Led Electronics <br> Corp.<br>| 375520 | 249571 |
|  | Brighton-Best <br> International <br> Taiwan, Inc.<br>| 1344318 | 1463740 |
| # | Brillian Network & <br> Automation <br> Integrated System <br> Co. Ltd.<br>| 63008 | 485305 |
| # | C Sun Manufacturing <br> Ltd.<br>| 468969 | 2679889 |
| \* | Calin Technology Co. <br> Ltd.<br>| 51000 | 56068 |
| \* | Cameo <br> Communications, <br> Inc.<br>| 631645 | 205167 |
| # | Capital Futures Corp. | 338280 | 543689 |
|  | Capital Securities <br> Corp.<br>| 5089501 | 4038045 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| #\* | Career Technology <br> MFG. Co. Ltd.<br>| 370003 | $177812 |
| # | Castles Technology <br> Co. Ltd.<br>| 175651 | 405170 |
| # | Caswell, Inc. | 82000 | 223606 |
|  | Cathay Chemical <br> Works<br>| 39000 | 56942 |
|  | Cathay Consolidated, <br> Inc.<br>| 28598 | 75170 |
|  | Cathay Real Estate <br> Development Co. <br> Ltd.<br>| 1613700 | 1196382 |
| #\* | CCP Contact Probes <br> Co. Ltd.<br>| 263978 | 463805 |
| # | Celxpert Energy <br> Corp.<br>| 244919 | 323515 |
|  | Cenra, Inc. | 419500 | 463153 |
| # | Center Laboratories, <br> Inc.<br>| 1604439 | 1771139 |
| # | Central Reinsurance <br> Co. Ltd.<br>| 832905 | 664171 |
|  | Century Iron & Steel <br> Industrial Co. Ltd.<br>| 405000 | 2014707 |
| \* | ChainQui Construction <br> Development Co. <br> Ltd.<br>| 363080 | 174395 |
| # | Chaintech Technology <br> Corp.<br>| 20000 | 18923 |
| # | Champion Building <br> Materials Co. Ltd.<br>| 586465 | 173161 |
| # | Champion <br> Microelectronic <br> Corp.<br>| 51000 | 121392 |
| # | Chang Wah <br> Electromaterials, <br> Inc.<br>| 1297350 | 1905054 |
| # | Chang Wah <br> Technology Co. <br> Ltd.<br>| 1180425 | 1543520 |
| # | Channel Well <br> Technology Co. <br> Ltd.<br>| 655000 | 1640827 |
|  | Chant Sincere Co. <br> Ltd.<br>| 44000 | 57262 |
|  | Charoen Pokphand <br> Enterprise<br>| 618483 | 2753587 |
| # | CHC Healthcare <br> Group<br>| 293000 | 410274 |
| # | CHC Resources <br> Corp.<br>| 346282 | 790884 |
| # | Chen Full International <br> Co. Ltd.<br>| 342000 | 443597 |

---

1057

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Chenbro Micom Co. <br> Ltd.<br>| 189000 | $5647651 |
| # | Chenfull Precision Co. <br> Ltd.<br>| 29000 | 106683 |
|  | Cheng Loong Corp. | 2720383 | 1510368 |
| #\* | Cheng Mei Materials <br> Technology Corp.<br>| 883524 | 393097 |
| # | Cheng Uei Precision <br> Industry Co. Ltd.<br>| 844331 | 1349905 |
| # | Chenming Electronic <br> Technology Corp.<br>| 287437 | 1153797 |
| # | Chia Chang Co. Ltd. | 378000 | 508635 |
|  | Chia Hsin Cement <br> Corp.<br>| 1760643 | 740349 |
| # | Chicony Power <br> Technology Co. <br> Ltd.<br>| 408454 | 1194585 |
|  | Chief Telecom, Inc. | 67900 | 797326 |
|  | Chien Kuo <br> Construction Co. <br> Ltd.<br>| 324999 | 274667 |
|  | Chien Shing Harbour <br> Service Co. Ltd.<br>| 23000 | 32177 |
|  | China Bills Finance <br> Corp.<br>| 2443000 | 1322481 |
|  | China Ecotek Corp. | 145000 | 260604 |
| # | China Electric <br> Manufacturing <br> Corp.<br>| 741959 | 304633 |
| # | China General <br> Plastics Corp.<br>| 1397461 | 503617 |
| # | China Glaze Co. Ltd. | 235002 | 140271 |
| #\* | China Man-Made <br> Fiber Corp.<br>| 3001390 | 609016 |
| # | China Metal Products | 889603 | 758790 |
| # | China Motor Corp. | 472600 | 894526 |
| #\* | China Petrochemical <br> Development Corp.<br>| 6418673 | 1563140 |
| # | China Steel Chemical <br> Corp.<br>| 387554 | 1025501 |
| # | China Steel Structure <br> Co. Ltd.<br>| 282000 | 376935 |
| # | China Wire & Cable <br> Co. Ltd.<br>| 252160 | 312456 |
|  | Chinese Maritime <br> Transport Ltd.<br>| 266594 | 494981 |
| # | Ching Feng Home <br> Fashions Co. Ltd.<br>| 346360 | 222448 |
| # | Chin-Poon Industrial <br> Co. Ltd.<br>| 1209207 | 1286008 |
|  | Chipbond Technology <br> Corp.<br>| 2027000 | 3922764 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | ChipMOS <br> Technologies, Inc. <br> (8150 TT)<br>| 1530076 | $1609647 |
| # | Chlitina Holding Ltd. | 108191 | 351357 |
|  | Chong Hong <br> Construction Co. <br> Ltd.<br>| 639666 | 1636114 |
|  | Chun YU Works & Co. <br> Ltd.<br>| 526050 | 269130 |
| # | Chun Yuan Steel <br> Industry Co. Ltd.<br>| 1806529 | 1122951 |
| #\* | Chung Hung Steel <br> Corp.<br>| 498979 | 239505 |
|  | Chung Hwa Food <br> Industrial Co. Ltd.<br>| 129288 | 362927 |
| #\* | Chung Hwa Pulp <br> Corp.<br>| 1310405 | 531610 |
| # | Chunghwa Precision <br> Test Tech Co. Ltd.<br>| 50000 | 2604127 |
|  | Chyang Sheng Texing <br> Co. Ltd.<br>| 304000 | 167869 |
|  | Cleanaway Co. Ltd. <br> (8422 TT)<br>| 218000 | 1712083 |
|  | Clevo Co. | 1450200 | 1861305 |
| # | CMC Magnetics <br> Corp.<br>| 2455108 | 726589 |
| # | C-Media Electronics, <br> Inc.<br>| 124000 | 164280 |
| # | CoAsia Electronics <br> Corp.<br>| 151827 | 265451 |
|  | Collins Co. Ltd. | 351431 | 155676 |
|  | Complex Micro <br> Interconnection Co. <br> Ltd.<br>| 64000 | 81120 |
| # | Compucase <br> Enterprise<br>| 278000 | 898848 |
|  | Concord International <br> Securities Co. Ltd.<br>| 478816 | 248826 |
|  | Concord Securities <br> Co. Ltd.<br>| 1895118 | 783995 |
| # | Continental Holdings <br> Corp.<br>| 1287320 | 905534 |
| # | Contrel Technology <br> Co. Ltd.<br>| 513000 | 655306 |
|  | Coremax Corp. | 256215 | 533790 |
| # | Coretronic Corp. | 1108200 | 3142308 |
|  | Co-Tech Development <br> Corp.<br>| 754533 | 5729116 |
|  | Coxon Precise <br> Industrial Co. Ltd.<br>| 44000 | 18428 |
|  | Crowell Development <br> Corp.<br>| 158900 | 159534 |
| # | CTCI Corp. | 1425465 | 1413098 |

---

1058

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | CTI Traffic Industries <br> Co. Ltd.<br>| 85400 | $274439 |
| # | Cub Elecparts, Inc. | 15000 | 49416 |
|  | CviLux Corp. | 218040 | 579924 |
| # | Cyberlink Corp. | 127000 | 386672 |
|  | CyberPower Systems, <br> Inc.<br>| 223650 | 1733722 |
| #\* | CyberTAN Technology, <br> Inc.<br>| 972779 | 839977 |
|  | Cystech Electronics <br> Corp.<br>| 15750 | 38692 |
|  | DA CIN Construction <br> Co. Ltd.<br>| 881368 | 1878626 |
|  | Dafeng TV Ltd. | 304870 | 486067 |
| # | Dah San Electric Wire <br> & Cable Co. Ltd.<br>| 152880 | 228759 |
|  | Da-Li Development <br> Co. Ltd.<br>| 1578581 | 2527748 |
| # | Darfon Electronics <br> Corp.<br>| 658550 | 769396 |
|  | Darwin Precisions <br> Corp.<br>| 636771 | 231248 |
| # | Daxin Materials Corp. | 191200 | 2360802 |
| # | De Licacy Industrial <br> Co. Ltd.<br>| 256803 | 90820 |
|  | Delpha Construction <br> Co. Ltd.<br>| 180000 | 173060 |
| # | Depo Auto Parts Ind <br> Co. Ltd.<br>| 302000 | 1337857 |
|  | DFI, Inc. | 8000 | 17712 |
| # | Dimerco Data System <br> Corp.<br>| 208612 | 827319 |
|  | Dimerco Express <br> Corp.<br>| 453945 | 1186754 |
| # | D-Link Corp. | 1250855 | 675991 |
|  | Donpon Precision, <br> Inc.<br>| 96600 | 149272 |
|  | Dr. Wu Skincare Co. <br> Ltd.<br>| 57000 | 223288 |
|  | Draytek Corp. | 182000 | 161371 |
|  | Drewloong Precision, <br> Inc.<br>| 51412 | 252760 |
|  | Dyaco International, <br> Inc.<br>| 60080 | 44398 |
| # | Dynamic Holding Co. <br> Ltd.<br>| 732707 | 2129675 |
| # | Dynapack <br> International <br> Technology Corp.<br>| 480000 | 4766270 |
| # | Eastech Holding Ltd. | 110000 | 388427 |
|  | Eastern Media <br> International Corp.<br>| 640353 | 428983 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | eCloudvalley Digital <br> Technology Co. <br> Ltd.<br>| 9000 | $20945 |
|  | ECOVE Environment <br> Corp.<br>| 113000 | 1061722 |
| # | Edimax Technology <br> Co. Ltd.<br>| 599108 | 383895 |
| # | Edison Opto Corp. | 204749 | 118864 |
| #\* | Edom Technology Co. <br> Ltd.<br>| 732964 | 900491 |
| # | eGalax_eMPIA <br> Technology, Inc.<br>| 127777 | 158027 |
| #\* | Egis Technology, Inc. | 73000 | 324936 |
| # | Elan Microelectronics <br> Corp.<br>| 907400 | 3644341 |
|  | E-Lead Electronic Co. <br> Ltd.<br>| 181873 | 260105 |
|  | E-LIFE MALL Corp. | 295000 | 635421 |
| # | Elite Advanced Laser <br> Corp.<br>| 531226 | 4689315 |
| # | Elite Semiconductor <br> Microelectronics <br> Technology, Inc.<br>| 813200 | 2368474 |
|  | Elitegroup Computer <br> Systems Co. Ltd.<br>| 786254 | 516678 |
| # | Emerging Display <br> Technologies Corp.<br>| 462000 | 309526 |
|  | ENE Technology, Inc. | 24000 | 25664 |
|  | Ennoconn Corp. | 204938 | 1942146 |
| # | Ennostar, Inc. | 1448462 | 1610196 |
|  | EnTie Commercial <br> Bank Co. Ltd.<br>| 1631603 | 699285 |
|  | EOI Investment <br> Holdings Co. Ltd.<br>| 269000 | 164947 |
| #\* | Epileds Technologies, <br> Inc.<br>| 108000 | 68100 |
|  | Eson Precision Ind <br> Co. Ltd.<br>| 272000 | 728327 |
| # | Eternal Materials Co. <br> Ltd.<br>| 2656985 | 3519855 |
| # | Eurocharm Holdings <br> Co. Ltd.<br>| 102000 | 409997 |
| # | Ever Supreme Bio <br> Technology Co. <br> Ltd.<br>| 146225 | 767280 |
| \* | Everest Textile Co. <br> Ltd.<br>| 610762 | 112375 |
|  | Evergreen Aviation <br> Technologies Corp.<br>| 171000 | 821467 |
|  | Evergreen <br> International <br> Storage & Transport <br> Corp.<br>| 795000 | 1479145 |

---

1059

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | EVERGREEN Steel <br> Corp.<br>| 421000 | $1453615 |
| # | Everlight Chemical <br> Industrial Corp.<br>| 1420606 | 862592 |
| # | Everlight Electronics <br> Co. Ltd.<br>| 1251000 | 2378977 |
|  | Evertop Wire Cable <br> Corp.<br>| 197000 | 217124 |
|  | Excelsior Medical Co. <br> Ltd.<br>| 437834 | 1208416 |
|  | Far Eastern <br> Department Stores <br> Ltd.<br>| 3000000 | 2108896 |
|  | Far Eastern <br> International Bank<br>| 8657051 | 3556324 |
| # | Faraday Technology <br> Corp.<br>| 132000 | 779254 |
| # | Farglory F T Z <br> Investment Holding <br> Co. Ltd.<br>| 445709 | 701872 |
| # | Farglory Land <br> Development Co. <br> Ltd.<br>| 657000 | 1151078 |
| #\* | Federal Corp. | 1194238 | 765763 |
| # | Feedback Technology <br> Corp.<br>| 102222 | 357928 |
|  | Feng Hsin Steel Co. <br> Ltd.<br>| 1642100 | 3377728 |
| # | FineTek Co. Ltd. | 54557 | 203267 |
| # | Firich Enterprises Co. <br> Ltd.<br>| 606514 | 469072 |
| # | First Copper <br> Technology Co. <br> Ltd.<br>| 80000 | 108703 |
| # | First Hi-Tec Enterprise <br> Co. Ltd.<br>| 189580 | 2161382 |
|  | First Hotel | 713350 | 300372 |
| # | First Insurance Co. <br> Ltd. <br>| 900179 | 769057 |
| \* | First Steamship Co. <br> Ltd.<br>| 1862612 | 348728 |
| # | FIT Holding Co. Ltd. | 206456 | 248483 |
|  | Fitipower Integrated <br> Technology, Inc.<br>| 106350 | 524080 |
| #\* | Fittech Co. Ltd. | 53785 | 120088 |
| \* | FLEXium <br> Interconnect, Inc.<br>| 817087 | 1674563 |
| # | Flytech Technology <br> Co. Ltd.<br>| 369309 | 1273297 |
| # | FocalTech Systems <br> Co. Ltd.<br>| 183000 | 350366 |
| # | Forcecon Tech Co. <br> Ltd.<br>| 198685 | 704784 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Forest Water <br> Environment <br> Engineering Co. <br> Ltd.<br>| 45408 | $59404 |
| # | Formosa Advanced <br> Technologies Co. <br> Ltd.<br>| 514000 | 632475 |
|  | Formosa International <br> Hotels Corp.<br>| 161329 | 998653 |
|  | Formosa Laboratories, <br> Inc.<br>| 261089 | 525284 |
|  | Formosa Oilseed <br> Processing Co. Ltd.<br>| 246548 | 245158 |
| # | Formosa Optical <br> Technology Co. <br> Ltd.<br>| 128000 | 406497 |
| # | Formosa Sumco <br> Technology Corp.<br>| 62000 | 200290 |
| # | Formosa Taffeta Co. <br> Ltd.<br>| 451000 | 218141 |
| # | Formosan Rubber <br> Group, Inc.<br>| 644956 | 497809 |
| # | Formosan Union <br> Chemical Corp.<br>| 893733 | 483096 |
|  | Founding Construction <br> & Development Co. <br> Ltd.<br>| 629623 | 304907 |
| # | Foxsemicon <br> Integrated <br> Technology, Inc.<br>| 248027 | 2972711 |
|  | Franbo Lines Corp. | 53328 | 37375 |
|  | Froch Enterprise Co. <br> Ltd.<br>| 581189 | 262352 |
| # | FSP Technology, Inc. | 549427 | 1079794 |
|  | Fu Chun Shin <br> Machinery <br> Manufacture Co. <br> Ltd.<br>| 146000 | 92647 |
| # | Fu Hua Innovation Co. <br> Ltd.<br>| 1044627 | 664855 |
| # | Fulgent Sun <br> International <br> Holding Co. Ltd.<br>| 453958 | 1412783 |
|  | Fullerton Technology <br> Co. Ltd.<br>| 233600 | 178523 |
| #\* | Fulltech Fiber Glass <br> Corp.<br>| 1443185 | 3377389 |
| # | Fusheng Precision <br> Co. Ltd.<br>| 273000 | 2147211 |
|  | Fwusow Industry Co. <br> Ltd.<br>| 652943 | 289493 |
| # | G Shank Enterprise <br> Co. Ltd.<br>| 506474 | 1580417 |

---

1060

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Gallant Micro <br> Machining Co. Ltd.<br>| 2000 | $41024 |
| # | Gamania Digital <br> Entertainment Co. <br> Ltd.<br>| 354000 | 682543 |
| #\* | GCS Holdings, Inc. | 260000 | 1533024 |
| # | GEM Services, Inc. | 142570 | 377337 |
|  | Gemtek Technology <br> Corp.<br>| 966219 | 820288 |
| \* | General Interface <br> Solution GIS <br> Holding Ltd.<br>| 46000 | 73670 |
| # | General Plastic <br> Industrial Co. Ltd.<br>| 196357 | 179120 |
|  | Generalplus <br> Technology, Inc.<br>| 195000 | 247697 |
| # | Genesys Logic, Inc. | 208000 | 726119 |
|  | Genius Electronic <br> Optical Co. Ltd.<br>| 151917 | 2064273 |
| # | GeoVision, Inc. | 74725 | 112078 |
|  | Getac Holdings Corp. | 493360 | 2210043 |
|  | GFC Ltd. | 229600 | 925820 |
| # | Giant Manufacturing <br> Co. Ltd.<br>| 85000 | 280044 |
| \* | Giantplus Technology <br> Co. Ltd.<br>| 700900 | 270544 |
| \* | Gigasolar Materials <br> Corp.<br>| 36400 | 80139 |
| #\* | Gigastorage Corp. | 764965 | 470365 |
|  | Global Brands <br> Manufacture Ltd.<br>| 895061 | 3385127 |
| # | Global Lighting <br> Technologies, Inc.<br>| 284000 | 385017 |
| # | Global Mixed Mode <br> Technology, Inc.<br>| 222000 | 1679127 |
| # | Global PMX Co. Ltd. | 134000 | 619559 |
|  | Globe Union Industrial <br> Corp.<br>| 355230 | 118801 |
| # | Gloria Material <br> Technology Corp.<br>| 1210547 | 1337030 |
|  | GMI Technology, Inc. | 42573 | 53778 |
| # | Golden Long Teng <br> Development Co. <br> Ltd.<br>| 107000 | 95682 |
|  | Goldsun Building <br> Materials Co. Ltd.<br>| 2513587 | 2955188 |
|  | Good Finance <br> Securities Co. Ltd.<br>| 17000 | 14157 |
| # | Good Will Instrument <br> Co. Ltd.<br>| 238869 | 442126 |
| # | Gordon Auto Body <br> Parts<br>| 315000 | 324343 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Gourmet Master Co. <br> Ltd.<br>| 102000 | $231356 |
| # | Grand Fortune <br> Securities Co. Ltd.<br>| 878683 | 339517 |
| #\* | Grand Pacific <br> Petrochemical<br>| 3405280 | 1140332 |
|  | Grand Process <br> Technology Corp.<br>| 79000 | 3712431 |
|  | GrandTech CG <br> Systems, Inc.<br>| 204797 | 358747 |
|  | Grape King Bio Ltd. | 408000 | 1637431 |
| # | Great China Metal <br> Industry<br>| 483000 | 315677 |
| # | Great Taipei Gas Co. <br> Ltd.<br>| 1444000 | 1408604 |
|  | Great Tree Pharmacy <br> Co. Ltd.<br>| 157583 | 565602 |
|  | Great Wall Enterprise <br> Co. Ltd.<br>| 2255001 | 3808554 |
|  | Greatek Electronics, <br> Inc.<br>| 978000 | 2236414 |
| # | Green World FinTech <br> Service Co. Ltd.<br>| 167000 | 323207 |
| # | Group Up Industrial <br> Co. Ltd.<br>| 98000 | 884506 |
| # | GTM Holdings Corp. | 431150 | 425363 |
| # | Gudeng Precision <br> Industrial Co. Ltd.<br>| 130094 | 1484213 |
|  | Hannstar Board Corp. | 870277 | 2662055 |
| #\* | HannStar Display <br> Corp.<br>| 3921505 | 909222 |
| \* | HannsTouch Holdings <br> Co.<br>| 1184782 | 246357 |
| # | Hanpin Electron Co. <br> Ltd.<br>| 170000 | 254018 |
| #\* | Harvatek Corp. | 513949 | 337852 |
| # | Heran Co. Ltd. | 36000 | 74523 |
|  | Hey Song Corp. | 1451750 | 1761798 |
|  | Hi-Clearance, Inc. | 100290 | 448572 |
| # | Highlight Tech Corp. | 257024 | 367284 |
|  | Hi-Lai Foods Co. Ltd. | 20000 | 104023 |
| # | HIM International <br> Music, Inc.<br>| 60710 | 184557 |
| #\* | Hitron Technology, <br> Inc.<br>| 447557 | 352527 |
|  | Hiwin Technologies <br> Corp.<br>| 69000 | 498189 |
| # | Hiyes International <br> Co. Ltd.<br>| 43667 | 118587 |
|  | Ho Tung Chemical <br> Corp.<br>| 2214684 | 589797 |
| # | Hocheng Corp. | 783734 | 455472 |

---

1061

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Holdings-Key Electric <br> Wire & Cable Co. <br> Ltd.<br>| 164726 | $238187 |
| # | Holiday Entertainment <br> Co. Ltd.<br>| 162430 | 320097 |
| #\* | Holtek Semiconductor, <br> Inc.<br>| 549000 | 721185 |
|  | Holy Stone Enterprise <br> Co. Ltd.<br>| 532655 | 1970679 |
| # | Hong Pu Real Estate <br> Development Co. <br> Ltd.<br>| 756185 | 641142 |
|  | Hong TAI Electric <br> Industrial<br>| 794000 | 1015017 |
|  | Hong YI Fiber Industry <br> Co.<br>| 75652 | 28404 |
| # | Horizon Securities Co. <br> Ltd.<br>| 1136320 | 402287 |
| # | Hota Industrial <br> Manufacturing Co. <br> Ltd.<br>| 594299 | 1145509 |
| # | Hotai Finance Co. <br> Ltd.<br>| 86000 | 172121 |
|  | Hsin Kuang Steel Co. <br> Ltd.<br>| 356000 | 459079 |
|  | Hsin Yung Chien Co. <br> Ltd.<br>| 157255 | 460260 |
| # | Hsing TA Cement Co. | 488162 | 245520 |
| #\* | HTC Corp. | 1637000 | 2670471 |
| # | Hu Lane Associate, <br> Inc.<br>| 270931 | 1157678 |
| # | HUA ENG Wire & <br> Cable Co. Ltd.<br>| 1109565 | 1187471 |
|  | Huaku Development <br> Co. Ltd.<br>| 949196 | 3210765 |
| # | Huang Hsiang <br> Construction Corp.<br>| 231922 | 310572 |
| # | Hung Ching <br> Development & <br> Construction Co. <br> Ltd.<br>| 598000 | 529985 |
| # | Hung Sheng <br> Construction Ltd.<br>| 1026251 | 710875 |
|  | Huxen Corp. | 119244 | 187670 |
| # | Hwa Fong Rubber <br> Industrial Co. Ltd.<br>| 717812 | 352319 |
| # | Hwacom Systems, <br> Inc.<br>| 234000 | 185453 |
| # | Hwang Chang <br> General Contractor <br> Co. Ltd.<br>| 527303 | 1185384 |
|  | IBF Financial Holdings <br> Co. Ltd.<br>| 9211827 | 4561437 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Ichia Technologies, <br> Inc.<br>| 673000 | $1109599 |
| # | I-Chiun Precision <br> Industry Co. Ltd.<br>| 122000 | 290115 |
| # | IEI Integration Corp. | 337832 | 734023 |
| # | Infortrend Technology, <br> Inc.<br>| 695163 | 516775 |
| # | Info-Tek Corp. | 203000 | 240819 |
| # | Ingentec Corp. | 61009 | 494617 |
|  | Innodisk Corp. | 266022 | 3713214 |
|  | Inpaq Technology Co. <br> Ltd.<br>| 291524 | 821165 |
| # | Insyde Software <br> Corp.<br>| 116400 | 858407 |
| # | Intai Technology <br> Corp.<br>| 135400 | 439692 |
| # | Integrated Service <br> Technology, Inc.<br>| 243091 | 870526 |
| \* | IntelliEPI, Inc. | 13000 | 65901 |
|  | Interactive Digital <br> Technologies, Inc.<br>| 36000 | 86584 |
| \* | International CSRC <br> Investment Holdings <br> Co.<br>| 778363 | 258546 |
| # | Iron Force Industrial <br> Co. Ltd.<br>| 122786 | 378773 |
| # | I-Sheng Electric Wire <br> & Cable Co. Ltd.<br>| 489000 | 736485 |
|  | ITE Technology, Inc. | 446095 | 1886061 |
| # | ITEQ Corp. | 689040 | 2608818 |
| # | Jarllytec Co. Ltd. | 168100 | 534623 |
| # | Jean Co. Ltd. | 291556 | 241488 |
| # | Jetwell Computer Co. <br> Ltd.<br>| 17920 | 103072 |
| # | Jia Wei Lifestyle, Inc. | 29950 | 38762 |
|  | Jih Lin Technology <br> Co. Ltd.<br>| 22000 | 38364 |
| # | Jiin Yeeh Ding <br> Enterprise Co. Ltd.<br>| 149200 | 311516 |
| # | Johnson Health Tech <br> Co. Ltd.<br>| 158000 | 818216 |
| # | JPC connectivity, Inc. | 269925 | 1458785 |
|  | JPP Holding Co. Ltd. | 21001 | 216230 |
| # | K Laser Technology, <br> Inc.<br>| 507000 | 256919 |
| # | Kaimei Electronic <br> Corp.<br>| 278183 | 845134 |
|  | Kaori Heat Treatment <br> Co. Ltd.<br>| 225197 | 4536983 |
| # | Kedge Construction <br> Co. Ltd.<br>| 44663 | 127568 |
|  | Keding Enterprises <br> Co. Ltd.<br>| 5000 | 17966 |

---

1062

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | KEE TAI Properties <br> Co. Ltd.<br>| 1154885 | $396058 |
|  | Kenda Rubber <br> Industrial Co. Ltd.<br>| 1104155 | 718980 |
| # | Kerry TJ Logistics Co. <br> Ltd.<br>| 732000 | 800146 |
| # | Keystone Microtech <br> Corp.<br>| 48000 | 659772 |
| # | KHGEARS <br> International Ltd.<br>| 50000 | 282065 |
| # | Kindom Development <br> Co. Ltd.<br>| 1327590 | 1435634 |
|  | King Chou Marine <br> Technology Co. <br> Ltd.<br>| 168920 | 281457 |
|  | King Polytechnic <br> Engineering Co. <br> Ltd.<br>| 111300 | 164601 |
| #\* | King's Town <br> Construction Co. <br> Ltd.<br>| 333074 | 451296 |
| # | Kinik Co. | 318000 | 3228773 |
| #\* | Kinko Optical Co. Ltd. | 344103 | 512044 |
| # | Kinpo Electronics | 3476157 | 2558104 |
|  | Kinsus Interconnect <br> Technology Corp.<br>| 706000 | 3115906 |
|  | KMC Kuei Meng <br> International, Inc.<br>| 120253 | 351842 |
| # | KNH Enterprise Co. <br> Ltd.<br>| 483020 | 265955 |
| # | KS Terminals, Inc. | 389482 | 633677 |
| # | Kung Long Batteries <br> Industrial Co. Ltd.<br>| 244000 | 963222 |
| \* | Kung Sing <br> Engineering Corp.<br>| 1126290 | 424157 |
| # | Kuo Toong <br> International Co. <br> Ltd.<br>| 662648 | 1241945 |
| #\* | Kuo Yang <br> Construction Co. <br> Ltd.<br>| 512899 | 314085 |
| # | Kwong Fong <br> Industries Corp.<br>| 313691 | 115684 |
|  | Kwong Lung <br> Enterprise Co. Ltd.<br>| 316000 | 491213 |
|  | L&K Engineering Co. <br> Ltd.<br>| 528580 | 8177201 |
| # | La Kaffa International <br> Co. Ltd.<br>| 56701 | 136628 |
| \* | LAN FA Textile | 680933 | 264683 |
| # | Lanner Electronics, <br> Inc.<br>| 295650 | 772802 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Laser Tek Taiwan Co. <br> Ltd.<br>| 240128 | $403370 |
|  | Laster Tech Co. Ltd. | 65638 | 44320 |
| \* | Leader Electronics, <br> Inc.<br>| 171499 | 61661 |
| #\* | Lealea Enterprise Co. <br> Ltd.<br>| 1737967 | 367799 |
| # | LEE CHI Enterprises <br> Co. Ltd.<br>| 388000 | 148698 |
| # | Lelon Electronics <br> Corp.<br>| 317327 | 1119542 |
| # | Lemtech Holdings Co. <br> Ltd.<br>| 91407 | 237277 |
|  | Leo Systems, Inc. | 76000 | 87819 |
| \* | Leofoo Development <br> Co. Ltd.<br>| 130278 | 71341 |
| \* | Li Peng Enterprise <br> Co. Ltd.<br>| 1449897 | 261495 |
| # | Lian HWA Food Corp. | 414294 | 1491934 |
| # | Lingsen Precision <br> Industries Ltd.<br>| 1105506 | 737923 |
| # | Lintes Technology Co. <br> Ltd.<br>| 12573 | 37483 |
|  | Lion Travel Service <br> Co. Ltd.<br>| 142000 | 723945 |
| # | Liton Technology <br> Corp.<br>| 106000 | 164266 |
| \* | Long Bon International <br> Co. Ltd.<br>| 469274 | 224301 |
| # | Long Da Construction <br> & Development <br> Corp.<br>| 157000 | 145563 |
| #\* | Longchen Paper & <br> Packaging Co. Ltd.<br>| 1748637 | 531771 |
| # | Longwell Co. | 400000 | 2433167 |
| # | Loop <br> Telecommunication <br> International, Inc.<br>| 45000 | 66530 |
|  | Lotus Pharmaceutical <br> Co. Ltd.<br>| 49000 | 470072 |
|  | Lucky Cement Corp. | 540000 | 262462 |
| # | Lumax International <br> Corp. Ltd.<br>| 303832 | 976249 |
| #\* | Lung Yen Life Service <br> Corp.<br>| 407000 | 687974 |
|  | Lungteh Shipbuilding <br> Co. Ltd.<br>| 100800 | 392557 |
|  | Macauto Industrial Co. <br> Ltd.<br>| 29000 | 56082 |
|  | Macroblock, Inc. | 38000 | 72563 |
| #\* | Macronix International <br> Co. Ltd.<br>| 4341000 | 4376310 |

---

1063

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | MacroWell OMG <br> Digital <br> Entertainment Co. <br> Ltd.<br>| 15000 | $39891 |
|  | Makalot Industrial Co. <br> Ltd.<br>| 106000 | 924841 |
| # | Marketech <br> International Corp.<br>| 227000 | 1805378 |
| # | Materials Analysis <br> Technology, Inc.<br>| 161320 | 1062703 |
|  | Maxigen Biotech, Inc. | 48600 | 67048 |
| # | Mayer Steel Pipe <br> Corp.<br>| 621080 | 480388 |
|  | Maywufa Co. Ltd. | 69322 | 49135 |
| #\* | Mechema Chemicals <br> International Corp.<br>| 67000 | 158980 |
| # | Megaforce Co. Ltd. | 107000 | 143565 |
|  | Meiloon Industrial Co. | 266184 | 203083 |
| # | Mercuries & <br> Associates Holding <br> Ltd.<br>| 1697367 | 788586 |
| \* | Mercuries Life <br> Insurance Co. Ltd.<br>| 4102511 | 964544 |
| # | Merry Electronics Co. <br> Ltd.<br>| 559801 | 1859972 |
| # | METAAGE Corp. | 81000 | 136751 |
| \* | Microbio Co. Ltd. | 492897 | 352505 |
| # | Mildef Crete, Inc. | 193000 | 671636 |
|  | Mitac Holdings Corp. | 2540909 | 8201943 |
| \* | Mobiletron Electronics <br> Co. Ltd.<br>| 115800 | 113045 |
|  | momo.com, Inc. | 21000 | 159097 |
| #\* | MOSA Industrial <br> Corp.<br>| 200170 | 110084 |
| # | Mosel Vitelic, Inc. | 112000 | 123425 |
|  | Motech Industries, <br> Inc.<br>| 454000 | 250489 |
|  | MPI Corp. | 138000 | 9357068 |
| # | MSSCORPS Co. Ltd. | 101534 | 563192 |
|  | Nak Sealing <br> Technologies Corp.<br>| 173954 | 601286 |
| # | Namchow Holdings <br> Co. Ltd.<br>| 565000 | 710901 |
|  | Nan Juen International <br> Co. Ltd.<br>| 2000 | 18207 |
| # | Nan Kang Rubber Tire <br> Co. Ltd.<br>| 112135 | 131795 |
|  | Nan Pao Resins <br> Chemical Co. Ltd.<br>| 71000 | 845959 |
| #\* | Nan Ren Lake Leisure <br> Amusement Co. <br> Ltd.<br>| 438317 | 141442 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Nang Kuang <br> Pharmaceutical Co. <br> Ltd.<br>| 162000 | $204553 |
| # | Nantex Industry Co. <br> Ltd.<br>| 927606 | 672048 |
| # | National Aerospace <br> Fasteners Corp.<br>| 74000 | 258358 |
| # | National Petroleum <br> Co. Ltd.<br>| 227824 | 424617 |
| # | Netronix, Inc. | 209000 | 913628 |
| \* | New Asia Construction <br> & Development <br> Corp.<br>| 265000 | 127360 |
|  | New Best Wire <br> Industrial Co. Ltd.<br>| 195600 | 185609 |
| #\* | Newmax Technology <br> Co. Ltd.<br>| 99000 | 98537 |
| # | Nichidenbo Corp. | 636417 | 1864044 |
| # | Nidec Chaun-Choung <br> Technology Corp.<br>| 110000 | 485572 |
| # | Niko Semiconductor <br> Co. Ltd.<br>| 279175 | 512209 |
| # | Nishoku Technology, <br> Inc.<br>| 132400 | 545711 |
|  | North-Star <br> International Co. <br> Ltd.<br>| 22000 | 18903 |
| # | Nova Technology <br> Corp.<br>| 84000 | 469097 |
|  | Nuvoton Technology <br> Corp.<br>| 70000 | 139622 |
|  | O-Bank Co. Ltd. | 2729071 | 802941 |
| # | Ocean Plastics Co. <br> Ltd.<br>| 764200 | 894095 |
|  | Optimax Technology <br> Corp.<br>| 176000 | 114635 |
|  | Orient Semiconductor <br> Electronics Ltd.<br>| 1061599 | 1666990 |
| \* | Oriental Union <br> Chemical Corp.<br>| 447267 | 173682 |
| # | O-TA Precision <br> Industry Co. Ltd.<br>| 216227 | 521773 |
|  | Pacific Construction <br> Co.<br>| 888921 | 275322 |
| # | Pacific Hospital <br> Supply Co. Ltd.<br>| 255209 | 733845 |
|  | Paiho Shih Holdings <br> Corp.<br>| 528738 | 427950 |
| # | Pan German <br> Universal Motors <br> Ltd.<br>| 36000 | 339647 |
|  | Pan Jit International, <br> Inc.<br>| 988486 | 2698447 |

---

1064

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Pan-International <br> Industrial Corp.<br>| 1321747 | $2401039 |
| # | Panion & BF Biotech, <br> Inc.<br>| 135449 | 291545 |
|  | Parade Technologies <br> Ltd.<br>| 51000 | 1123643 |
| # | Parpro Corp. | 208000 | 355347 |
| # | PCL Technologies, <br> Inc.<br>| 196400 | 760036 |
| # | P-Duke Technology <br> Co. Ltd.<br>| 214633 | 711260 |
|  | Pegavision Corp. | 36913 | 408300 |
| # | PharmaEngine, Inc. | 79000 | 182513 |
| # | Phoenix Silicon <br> International Corp.<br>| 370293 | 2072431 |
|  | Phoenix Tours <br> International, Inc.<br>| 120120 | 201706 |
| \* | Phytohealth Corp. | 225000 | 101870 |
| # | Pixart Imaging, Inc. | 462150 | 3469155 |
|  | Planet Technology <br> Corp.<br>| 160000 | 687845 |
|  | Plastron Precision Co. <br> Ltd.<br>| 336460 | 181359 |
| # | Polytronics <br> Technology Corp.<br>| 165124 | 246106 |
| # | Posiflex Technology, <br> Inc.<br>| 118457 | 829941 |
|  | Power Wind Health <br> Industry, Inc.<br>| 110314 | 587212 |
| \* | Powerchip <br> Semiconductor <br> Manufacturing <br> Corp.<br>| 1071000 | 1087156 |
|  | Poya International Co. <br> Ltd.<br>| 154855 | 2288559 |
| # | President Securities <br> Corp.<br>| 3057112 | 2351220 |
|  | Primax Electronics <br> Ltd.<br>| 1199000 | 3226153 |
| # | Prince Housing & <br> Development Corp.<br>| 2369644 | 686707 |
| # | Pro Hawk Corp. | 50000 | 243835 |
|  | Progate Group Corp. | 14589 | 76502 |
| # | Promate Electronic <br> Co. Ltd.<br>| 746390 | 1149789 |
| # | Prosperity Dielectrics <br> Co. Ltd.<br>| 312559 | 596040 |
| # | PSS Co. Ltd. | 28000 | 137636 |
|  | QST International <br> Corp.<br>| 206099 | 284360 |
| # | Qualipoly Chemical <br> Corp.<br>| 308048 | 1808362 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Quang Viet Enterprise <br> Co. Ltd.<br>| 80231 | $201340 |
| # | Quanta Storage, Inc. | 548000 | 1887955 |
| \* | Quintain Steel Co. <br> Ltd.<br>| 902039 | 255496 |
| # | Radiant <br> Opto-Electronics <br> Corp.<br>| 273000 | 1169433 |
|  | Radium Life Tech Co. <br> Ltd.<br>| 1622794 | 579597 |
| # | Rafael <br> Microelectronics, <br> Inc.<br>| 27821 | 100461 |
| # | Raydium <br> Semiconductor <br> Corp.<br>| 137000 | 1082650 |
| # | Rechi Precision Co. <br> Ltd.<br>| 847181 | 635235 |
|  | Rexon Industrial Corp. <br> Ltd.<br>| 143000 | 128079 |
|  | Rich Development Co. <br> Ltd.<br>| 1111137 | 305960 |
|  | Richmond <br> International Travel <br> & Tours Co. Ltd.<br>| 18500 | 53187 |
| \* | Ritek Corp. | 1617867 | 523221 |
|  | Ruentex Engineering <br> & Construction Co.<br>| 335227 | 1823439 |
|  | Ruentex Industries <br> Ltd.<br>| 61000 | 106417 |
|  | Run Long <br> Construction Co. <br> Ltd.<br>| 474200 | 585365 |
| # | Sakura Development <br> Co. Ltd.<br>| 558195 | 871937 |
| # | Sampo Corp. | 1267861 | 1013830 |
| # | San Fang Chemical <br> Industry Co. Ltd.<br>| 686647 | 689784 |
| # | San Fu Chemical Co. <br> Ltd.<br>| 79000 | 278268 |
| # | San Shing Fastech <br> Corp.<br>| 382875 | 639694 |
| # | Sanyang Motor Co. <br> Ltd.<br>| 422000 | 828030 |
| # | Savior Lifetec Corp. | 665000 | 369470 |
|  | SCI Pharmtech, Inc. | 52982 | 99114 |
| # | Scientech Corp. | 166000 | 1913269 |
| # | ScinoPharm Taiwan <br> Ltd.<br>| 348000 | 198119 |
| # | SciVision Biotech, <br> Inc.<br>| 63000 | 183615 |
| # | SDI Corp. | 398000 | 1101130 |

---

1065

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Sea Sonic Electronics <br> Co. Ltd.<br>| 81000 | $181165 |
|  | Securitag Assembly <br> Group Co. Ltd.<br>| 5000 | 17201 |
|  | Senao International <br> Co. Ltd.<br>| 300541 | 283473 |
| # | Senao Networks, Inc. | 94207 | 464748 |
|  | Sensortek Technology <br> Corp.<br>| 57000 | 351869 |
|  | Sercomm Corp. | 818000 | 2621590 |
| # | Sesoda Corp. | 616803 | 604986 |
|  | Sharehope Medicine <br> Co. Ltd.<br>| 337755 | 266802 |
|  | Sheng Yu Steel Co. <br> Ltd.<br>| 282980 | 194856 |
| # | ShenMao Technology, <br> Inc.<br>| 355891 | 1169097 |
|  | Shieh Yih Machinery <br> Industry Co. Ltd.<br>| 189000 | 131260 |
| # | Shih Her <br> Technologies, Inc.<br>| 173880 | 976876 |
| \* | Shih Wei Navigation <br> Co. Ltd.<br>| 143842 | 81852 |
|  | Shin Hai Gas Corp. | 1245 | 2012 |
|  | Shin Hsiung Natural <br> Gas Co. Ltd.<br>| 35303 | 46626 |
| # | Shin Ruenn <br> Development Co. <br> Ltd.<br>| 290523 | 550018 |
| # | Shin Zu Shing Co. <br> Ltd.<br>| 548942 | 3747697 |
| #\* | Shining Building <br> Business Co. Ltd.<br>| 862814 | 253879 |
|  | Shinkong Insurance <br> Co. Ltd.<br>| 666131 | 2435282 |
| # | Shinkong Synthetic <br> Fibers Corp.<br>| 4133395 | 1791574 |
| # | Shinkong Textile Co. <br> Ltd.<br>| 779542 | 1431313 |
| # | Shiny Chemical <br> Industrial Co. Ltd.<br>| 467360 | 2212446 |
| #\* | Shuttle, Inc. | 978152 | 588330 |
|  | Sigurd <br> Microelectronics <br> Corp.<br>| 1466907 | 4962922 |
| # | Silicon Integrated <br> Systems Corp.<br>| 838400 | 1502872 |
| \* | Silicon Optronics, Inc. | 9000 | 17554 |
|  | Sincere Navigation <br> Corp.<br>| 737139 | 578995 |
|  | Sinher Technology, <br> Inc.<br>| 35000 | 28931 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Sinmag Equipment <br> Corp.<br>| 158056 | $691072 |
|  | Sino-American Silicon <br> Products, Inc.<br>| 341000 | 1379861 |
|  | Sinon Corp. | 1334510 | 1851135 |
|  | SinoPac Financial <br> Holdings Co. Ltd.<br>| 1818017 | 1513305 |
|  | Sinphar <br> Pharmaceutical Co. <br> Ltd.<br>| 351469 | 367724 |
|  | Sinyi Realty, Inc. | 834660 | 614672 |
|  | Sitronix Technology <br> Corp.<br>| 362879 | 2357790 |
| # | Siward Crystal <br> Technology Co. <br> Ltd.<br>| 491000 | 359233 |
| \* | Skardin Industrial <br> Corp.<br>| 7000 | 9329 |
| # | Soft-World <br> International Corp.<br>| 234000 | 775243 |
| # | Solar Applied <br> Materials <br> Technology Corp.<br>| 1527372 | 2935609 |
| # | Solteam, Inc. | 233607 | 366146 |
| # | Song Shang <br> Electronics Co. Ltd.<br>| 76000 | 52956 |
| # | Sonix Technology Co. <br> Ltd.<br>| 364000 | 415282 |
|  | Southeast Cement <br> Co. Ltd.<br>| 579700 | 312482 |
| # | Speed Tech Corp. | 321000 | 491838 |
| # | Sporton International, <br> Inc.<br>| 252231 | 1466658 |
|  | Sports Gear Co. Ltd. | 71000 | 258705 |
|  | St. Shine Optical Co. <br> Ltd.<br>| 11000 | 46682 |
| # | Standard Chemical & <br> Pharmaceutical Co. <br> Ltd.<br>| 288571 | 520348 |
| # | Standard Foods <br> Corp.<br>| 583000 | 594902 |
| # | Stark Technology, Inc. | 334688 | 1736515 |
| \* | Starlux Airlines Co. <br> Ltd.<br>| 237000 | 184826 |
| # | S-Tech Corp. | 341032 | 259080 |
|  | Sun Max Tech Ltd. | 17805 | 48438 |
| \* | Sun Yad Construction <br> Co. Ltd.<br>| 271329 | 138279 |
| \* | Sunko INK Co. Ltd. | 291400 | 112417 |
| # | SunMax <br> Biotechnology Co. <br> Ltd.<br>| 96000 | 1217071 |

---

1066

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Sunny Friend <br> Environmental <br> Technology Co. <br> Ltd.<br>| 135998 | $365733 |
|  | Sunonwealth Electric <br> Machine Industry <br> Co. Ltd.<br>| 664487 | 3243349 |
|  | Sunplus Innovation <br> Technology, Inc.<br>| 33880 | 148894 |
| #\* | Sunplus Technology <br> Co. Ltd.<br>| 1577000 | 1100211 |
| # | Sunrex Technology <br> Corp.<br>| 308612 | 416946 |
|  | Sunspring Metal <br> Corp.<br>| 129069 | 92282 |
|  | Superalloy Industrial <br> Co. Ltd.<br>| 62000 | 95666 |
| # | Supreme Electronics <br> Co. Ltd.<br>| 1750184 | 3749506 |
| # | Swancor Holding Co. <br> Ltd.<br>| 108000 | 437005 |
|  | Sweeten Real Estate <br> Development Co. <br> Ltd.<br>| 826504 | 757834 |
| # | Symtek Automation <br> Asia Co. Ltd.<br>| 188646 | 958491 |
|  | Syncmold Enterprise <br> Corp.<br>| 312750 | 699187 |
| # | Synmosa Biopharma <br> Corp.<br>| 770304 | 839953 |
|  | Syscom Computer <br> Engineering Co.<br>| 54000 | 100334 |
|  | Systex Corp. | 475388 | 1997872 |
| # | T3EX Global Holdings <br> Corp.<br>| 264000 | 598455 |
|  | Ta Ya Electric Wire & <br> Cable<br>| 1756020 | 2390807 |
|  | Tah Hsin Industrial <br> Corp.<br>| 216092 | 450239 |
|  | TAI Roun Products <br> Co. Ltd.<br>| 96000 | 40752 |
| # | TA-I Technology Co. <br> Ltd.<br>| 397788 | 807474 |
|  | Tai Tung <br> Communication Co. <br> Ltd.<br>| 336582 | 248753 |
|  | Taichung Commercial <br> Bank Co. Ltd.<br>| 8777241 | 6101928 |
| # | TaiDoc Technology <br> Corp.<br>| 185470 | 740919 |
| # | Taiflex Scientific Co. <br> Ltd.<br>| 687564 | 1516706 |
| # | Taimide Tech, Inc. | 316262 | 619243 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Tainan Enterprises <br> Co. Ltd.<br>| 238370 | $210428 |
|  | Tainan Spinning Co. <br> Ltd.<br>| 3580044 | 1465442 |
| # | Tai-Saw Technology <br> Co. Ltd.<br>| 235120 | 188665 |
|  | TaiSol Electronics Co. <br> Ltd.<br>| 129000 | 221482 |
| # | Taisun Enterprise Co. <br> Ltd.<br>| 403648 | 242678 |
| # | Taita Chemical Co. <br> Ltd.<br>| 838828 | 299559 |
| # | TAI-TECH Advanced <br> Electronics Co. Ltd.<br>| 153000 | 746563 |
| # | Taiwan Chinsan <br> Electronic Industrial <br> Co. Ltd.<br>| 226113 | 315107 |
|  | Taiwan Cogeneration <br> Corp.<br>| 1311845 | 2055966 |
| # | Taiwan FamilyMart <br> Co. Ltd.<br>| 45000 | 280274 |
|  | Taiwan Fertilizer Co. <br> Ltd.<br>| 818000 | 1278694 |
|  | Taiwan Fire & Marine <br> Insurance Co. Ltd.<br>| 961338 | 1125798 |
|  | Taiwan FU Hsing <br> Industrial Co. Ltd.<br>| 460000 | 768083 |
| #\* | Taiwan Glass Industry <br> Corp.<br>| 1870000 | 1696678 |
| # | Taiwan Hon Chuan <br> Enterprise Co. Ltd.<br>| 905159 | 3711250 |
|  | Taiwan Hopax <br> Chemicals <br> Manufacturing Co. <br> Ltd.<br>| 619738 | 630422 |
| †† | Taiwan Land <br> Development Corp.<br>| 2845991 | 46521 |
|  | Taiwan Line Tek <br> Electronic<br>| 148510 | 118406 |
| #\* | Taiwan Mask Corp. | 141000 | 175761 |
|  | Taiwan Navigation Co. <br> Ltd.<br>| 730777 | 690706 |
|  | Taiwan Paiho Ltd. | 841287 | 1560711 |
|  | Taiwan PCB Techvest <br> Co. Ltd.<br>| 605238 | 693646 |
| # | Taiwan Sakura Corp. | 702803 | 1946281 |
| # | Taiwan Sanyo Electric <br> Co. Ltd.<br>| 426400 | 489880 |
|  | Taiwan Secom Co. <br> Ltd.<br>| 299000 | 1049075 |
| # | Taiwan Semiconductor <br> Co. Ltd.<br>| 665000 | 1184757 |

---

1067

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Taiwan Shin Kong <br> Security Co. Ltd.<br>| 1226577 | $1623751 |
|  | Taiwan Steel Union <br> Co. Ltd.<br>| 20000 | 71449 |
| #\* | Taiwan Styrene <br> Monomer<br>| 1050209 | 287715 |
|  | Taiwan Surface <br> Mounting <br> Technology Corp.<br>| 856388 | 3052895 |
| # | Taiwan Taxi Co. Ltd. | 85888 | 368426 |
| #\* | Taiwan TEA Corp. | 1343897 | 606844 |
|  | Taiwan Union <br> Technology Corp.<br>| 695000 | 8665625 |
| #\* | Taiwan-Asia <br> Semiconductor <br> Corp.<br>| 1077804 | 843804 |
| # | Taiyen Biotech Co. <br> Ltd.<br>| 383883 | 397906 |
| \* | TBI Motion <br> Technology Co. <br> Ltd.<br>| 60000 | 75308 |
| # | TCI Co. Ltd. | 234746 | 866479 |
|  | Te Chang <br> Construction Co. <br> Ltd.<br>| 258206 | 519312 |
|  | Tehmag Foods Corp. | 116380 | 1111487 |
|  | Ten Ren Tea Co. Ltd. | 134980 | 134892 |
| # | Test Research, Inc. | 551820 | 2795990 |
|  | Test Rite International <br> Co. Ltd.<br>| 417495 | 275673 |
| \* | Thermaltake <br> Technology Co. <br> Ltd.<br>| 35000 | 36034 |
| # | Thinking Electronic <br> Industrial Co. Ltd.<br>| 241204 | 1476375 |
| # | Thye Ming Industrial <br> Co. Ltd.<br>| 353135 | 621492 |
|  | Tofu Restaurant Co. <br> Ltd.<br>| 6000 | 39002 |
|  | Ton Yi Industrial <br> Corp.<br>| 2240644 | 1307719 |
|  | Tong Hsing Electronic <br> Industries Ltd.<br>| 440681 | 1790165 |
|  | Tong Yang Industry <br> Co. Ltd.<br>| 1038741 | 3258961 |
| # | Tong-Tai Machine & <br> Tool Co. Ltd.<br>| 471892 | 496046 |
| # | Top Union Electronics <br> Corp.<br>| 236147 | 230169 |
|  | Topco Scientific Co. <br> Ltd.<br>| 494356 | 5477627 |
|  | Topco Technologies <br> Corp.<br>| 115720 | 233364 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Topkey Corp. | 222000 | $1342860 |
| # | Topoint Technology <br> Co. Ltd.<br>| 428898 | 1640476 |
| # | TPK Holding Co. Ltd. | 714000 | 841757 |
| # | Trade-Van Information <br> Services Co.<br>| 255000 | 796510 |
|  | Transart Graphics Co. <br> Ltd.<br>| 8000 | 10850 |
| # | Transcend <br> Information, Inc.<br>| 546000 | 2338388 |
|  | Transcom, Inc. | 166023 | 730550 |
| # | Trusval Technology <br> Co. Ltd.<br>| 67221 | 563356 |
| # | TSC Auto ID <br> Technology Co. <br> Ltd.<br>| 104296 | 662154 |
| \* | TSEC Corp. | 389584 | 177410 |
|  | TSRC Corp. | 191200 | 93082 |
| # | Ttet Union Corp. | 153000 | 719083 |
| # | TTFB Co. Ltd. | 53400 | 317573 |
|  | TTY Biopharm Co. <br> Ltd.<br>| 493979 | 1276918 |
| #\* | Tul Corp. | 58000 | 143396 |
|  | Tung Ho Steel <br> Enterprise Corp.<br>| 1527630 | 3116440 |
|  | Tung Thih Electronic <br> Co. Ltd.<br>| 18824 | 44686 |
| # | TURVO International <br> Co. Ltd.<br>| 98922 | 644744 |
|  | TXC Corp. | 936053 | 2702581 |
| # | TYC Brother Industrial <br> Co. Ltd.<br>| 454980 | 707530 |
| \* | Tycoons Group <br> Enterprise<br>| 673779 | 172285 |
| # | Tyntek Corp. | 1029039 | 583752 |
| #\* | U-BEST Innovative <br> Technology Co. <br> Ltd.<br>| 316000 | 189078 |
|  | Ubright Optronics <br> Corp.<br>| 20000 | 41127 |
| # | UDE Corp. | 251000 | 860969 |
|  | Ultra Chip, Inc. | 8000 | 11810 |
| # | U-Ming Marine <br> Transport Corp.<br>| 1358000 | 2453434 |
| # | Unic Technology <br> Corp.<br>| 193000 | 145340 |
|  | Union Bank of Taiwan | 8840501 | 5326930 |
|  | Union Insurance Co. <br> Ltd.<br>| 45000 | 39236 |
|  | Unitech Computer Co. <br> Ltd.<br>| 341804 | 461664 |
| # | Unitech Printed Circuit <br> Board Corp.<br>| 1985519 | 1690771 |
|  | United Alloy-Tech Co. | 9000 | 15764 |

---

1068

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | United Integrated <br> Services Co. Ltd.<br>| 348951 | $9712960 |
|  | United Orthopedic <br> Corp.<br>| 230935 | 933590 |
| # | United Radiant <br> Technology<br>| 140000 | 96575 |
| \* | United Renewable <br> Energy Co. Ltd.<br>| 1804437 | 400376 |
| \*†† | Unity Opto Technology <br> Co. Ltd.<br>| 2760500 | 0 |
| # | Univacco Technology, <br> Inc.<br>| 125000 | 183789 |
|  | Universal Cement <br> Corp.<br>| 1556341 | 1566239 |
| # | Universal Microwave <br> Technology, Inc.<br>| 57000 | 812555 |
|  | Universal Vision <br> Biotechnology Co. <br> Ltd.<br>| 72652 | 337660 |
| # | UPC Technology <br> Corp.<br>| 1971124 | 648430 |
| # | Userjoy Technology <br> Co. Ltd.<br>| 215367 | 540912 |
| # | USI Corp. | 1812156 | 608709 |
| \* | Usun Technology Co. <br> Ltd.<br>| 14000 | 21029 |
| # | Utechzone Co. Ltd. | 189000 | 532527 |
| # | UVAT Technology Co. <br> Ltd.<br>| 59000 | 113918 |
|  | Value Valves Co. Ltd. | 27000 | 73524 |
|  | Ve Wong Corp. | 556696 | 714838 |
| # | Ventec International <br> Group Co. Ltd.<br>| 27000 | 78487 |
|  | VIA Labs, Inc. | 9000 | 24151 |
| # | Via Technologies, Inc. | 136000 | 231444 |
| # | Visco Vision, Inc. | 71000 | 458182 |
| # | Visual Photonics <br> Epitaxy Co. Ltd.<br>| 522772 | 2338738 |
| # | Vivotek, Inc. | 117704 | 313226 |
|  | Vizionfocus, Inc. | 3000 | 17505 |
|  | VSO Electronics Co. <br> Ltd.<br>| 6000 | 28460 |
| #\* | Wafer Works Corp. | 1329443 | 1347925 |
|  | Waffer Technology <br> Corp.<br>| 333821 | 765153 |
|  | Wah Hong Industrial <br> Corp.<br>| 144021 | 157167 |
| # | Wah Lee Industrial <br> Corp.<br>| 556300 | 1629128 |
| # | Walsin Technology <br> Corp.<br>| 583000 | 2339254 |
| # | Walton Advanced <br> Engineering, Inc.<br>| 719197 | 559258 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | WAN HWA Enterprise <br> Co.<br>| 374238 | $134389 |
| \* | We & Win <br> Development Co. <br> Ltd.<br>| 84000 | 30396 |
|  | WEI Chih Steel <br> Industrial Co. Ltd.<br>| 51000 | 26516 |
| # | Wei Chuan Foods <br> Corp.<br>| 660000 | 322871 |
| # | Weikeng Industrial Co. <br> Ltd.<br>| 1269459 | 1210551 |
| # | Well Shin Technology <br> Co. Ltd.<br>| 319000 | 544638 |
|  | Weltrend <br> Semiconductor<br>| 26000 | 40654 |
| # | Wholetech System <br> Hitech Ltd.<br>| 180000 | 706885 |
|  | Win Semiconductors <br> Corp.<br>| 545000 | 1894554 |
| # | Winmate, Inc. | 130000 | 694707 |
| # | Winstek <br> Semiconductor Co. <br> Ltd.<br>| 234000 | 725863 |
| \*†† | Wintek Corp. | 5447000 | 0 |
|  | WinWay Technology <br> Co. Ltd.<br>| 50000 | 4243184 |
| # | Wisdom Marine Lines <br> Co. Ltd.<br>| 1181241 | 2420046 |
| # | Wiselink Co. Ltd. | 174731 | 1046474 |
| # | WITS Corp. | 87901 | 353747 |
|  | WNC Corp. | 586184 | 2378630 |
| # | Wonderful Hi-Tech Co. <br> Ltd.<br>| 299000 | 443796 |
|  | Wowprime Corp. | 225400 | 1578460 |
| # | WUS Printed Circuit <br> Co. Ltd.<br>| 529737 | 1745719 |
|  | XAC Automation <br> Corp.<br>| 40000 | 38971 |
|  | XinTec, Inc. | 336000 | 1662914 |
| # | Xxentria Technology <br> Materials Corp.<br>| 409160 | 459287 |
| # | Yankey Engineering <br> Co. Ltd.<br>| 95222 | 1420221 |
| # | YC INOX Co. Ltd. | 1111699 | 694461 |
| # | Yea Shin International <br> Development Co. <br> Ltd.<br>| 850753 | 684090 |
| # | Yem Chio Co. Ltd. | 1125188 | 484457 |
|  | Yen Sun Technology <br> Corp.<br>| 126000 | 188821 |
| \* | Yeong Guan Energy <br> Technology Group <br> Co. Ltd.<br>| 54000 | 34927 |

---

1069

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | YFY, Inc. | 1736212 | $1431802 |
|  | Yi Jinn Industrial Co. <br> Ltd.<br>| 702748 | 372385 |
| \* | Yieh Phui Enterprise <br> Co. Ltd.<br>| 3354424 | 1606666 |
|  | Young Fast <br> Optoelectronics Co. <br> Ltd.<br>| 297872 | 527674 |
| \* | Young Optics, Inc. | 50000 | 88812 |
|  | Youngtek Electronics <br> Corp.<br>| 269666 | 515382 |
|  | Yuanta Futures Co. <br> Ltd.<br>| 371200 | 1086176 |
|  | Yuen Foong Yu <br> Consumer Products <br> Co. Ltd.<br>| 131000 | 163541 |
|  | Yulon Finance Corp. | 195100 | 609275 |
|  | Yulon Motor Co. Ltd. | 95000 | 101291 |
| # | Yung Chi Paint & <br> Varnish <br> Manufacturing Co. <br> Ltd.<br>| 250869 | 611382 |
| # | Yungshin Construction <br> & Development Co. <br> Ltd.<br>| 342000 | 849124 |
| # | YungShin Global <br> Holding Corp.<br>| 758015 | 1387778 |
| # | Yusin Holding Corp. | 24086 | 54026 |
| # | Zeng Hsing Industrial <br> Co. Ltd.<br>| 148726 | 445645 |
|  | Zenitron Corp. | 635000 | 712651 |
| # | Zero One Technology <br> Co. Ltd.<br>| 469226 | 1742205 |
| #\* | Zig Sheng Industrial <br> Co. Ltd.<br>| 1224732 | 307276 |
|  | ZillTek Technology <br> Corp.<br>| 7000 | 45899 |
| \* | Zinwell Corp. | 146586 | 67264 |
|  | Zippy Technology <br> Corp.<br>| 409948 | 689262 |
|  | Zyxel Group Corp. | 859225 | 977903 |
| TOTAL TAIWAN | TOTAL TAIWAN |  | 733879896 |
| THAILAND — (0.9%) | THAILAND — (0.9%) | THAILAND — (0.9%) | THAILAND — (0.9%) |
|  | AAPICO Hitech PCL <br> (AH/F TB)<br>| 347932 | 132351 |
|  | AAPICO Hitech PCL <br> (AH-R TB), NVDR<br>| 3870 | 1472 |
|  | Advanced Information <br> Technology PCL, <br> Class F<br>| 2237800 | 333576 |
|  | AEON Thana Sinsap <br> Thailand PCL<br>| 69500 | 226759 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | After You PCL | 395600 | $60927 |
|  | Allianz Ayudhya <br> Capital PCL<br>| 106900 | 112405 |
|  | Amata Corp. PCL | 2376310 | 1058261 |
|  | AP Thailand PCL | 4215816 | 1127781 |
| \* | Asia Aviation PCL, <br> NVDR<br>| 800700 | 30210 |
|  | Asia Plus Group <br> Holdings PCL<br>| 3594300 | 246771 |
|  | Asian Alliance <br> International PCL<br>| 320300 | 51014 |
|  | Asian Sea Corp. PCL | 222200 | 50164 |
|  | Aurora Design PCL | 306500 | 136496 |
|  | B Grimm Power PCL | 688799 | 345092 |
|  | Bangchak Sriracha <br> PCL<br>| 572300 | 78938 |
|  | Bangkok Airways <br> PCL<br>| 570900 | 229525 |
|  | Bangkok Commercial <br> Asset Management <br> PCL<br>| 2456600 | 512820 |
|  | Bangkok Land PCL | 13255199 | 204967 |
|  | Bangkok Life <br> Assurance PCL, <br> NVDR<br>| 51200 | 28502 |
|  | BCPG PCL | 251100 | 64066 |
| # | BEC World PCL | 1128100 | 68031 |
|  | Betagro PCL | 412100 | 203915 |
|  | BKI Holdings PCL | 180681 | 1709862 |
|  | Bluebik Group PCL | 97700 | 56502 |
|  | Brooker Group PCL | 81000 | 802 |
|  | Cal-Comp Electronics <br> Thailand PCL, <br> Class F<br>| 5947552 | 1122006 |
|  | CH Karnchang PCL | 1173100 | 555077 |
| # | Chularat Hospital <br> PCL<br>| 3553900 | 172557 |
|  | CK Power PCL | 820200 | 64936 |
|  | Cotto F | 2521400 | 14816 |
| # | Dhipaya Group <br> Holdings PCL<br>| 1018500 | 686665 |
|  | Ditto Thailand PCL | 250100 | 92042 |
| # | Dohome PCL | 1585100 | 191183 |
|  | Don Muang Tollway <br> PCL<br>| 335100 | 106743 |
|  | Dynasty Ceramic <br> PCL<br>| 12722400 | 519362 |
|  | Eastern Polymer <br> Group PCL<br>| 130000 | 11257 |
|  | Eastern Water <br> Resources <br> Development & <br> Management PCL, <br> Class F<br>| 464700 | 36216 |

---

1070

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Ekachai Medical Care <br> PCL<br>| 646121 | $103907 |
| \* | Energy Absolute PCL | 4715200 | 446220 |
|  | Erawan Group PCL | 2458500 | 179436 |
| # | Exotic Food PCL | 382700 | 179899 |
| #\* | Forth Corp. PCL | 436900 | 93231 |
|  | Forth Smart Service <br> PCL<br>| 326251 | 74664 |
|  | GFPT PCL | 1453500 | 462998 |
|  | Global Green <br> Chemicals PCL<br>| 35300 | 3886 |
| # | Gunkul Engineering <br> PCL<br>| 3574399 | 227718 |
|  | Haad Thip PCL | 456400 | 213133 |
|  | Hana Microelectronics <br> PCL<br>| 514200 | 368933 |
|  | Heng Leasing & <br> Capital PCL<br>| 1410500 | 44058 |
|  | ICC International PCL | 351989 | 266700 |
| # | Ichitan Group PCL | 1418000 | 539397 |
| # | IRPC PCL | 9982700 | 355036 |
|  | IT City PCL | 152900 | 16550 |
| \*†† | ITV PLC | 2785600 | 0 |
| #\* | Jasmine Technology <br> Solution PCL<br>| 46900 | 36986 |
|  | Jaymart Group <br> Holdings PCL<br>| 762600 | 183958 |
| # | JMT Network Services <br> PCL<br>| 875200 | 263900 |
| # | Karmarts PCL | 1733116 | 439510 |
|  | KCE Electronics PCL | 587900 | 463629 |
|  | KGI Securities <br> Thailand PCL<br>| 502000 | 60858 |
|  | Khon Kaen Sugar <br> Industry PCL<br>| 2379056 | 101534 |
|  | Klinique Medical Clinic <br> PCL<br>| 77400 | 61039 |
|  | Lalin Property PCL | 212500 | 32859 |
|  | Lanna Resources <br> PCL<br>| 71600 | 34100 |
|  | LH Financial Group <br> PCL<br>| 2582139 | 62288 |
|  | Loxley PCL | 1522176 | 71084 |
|  | Major Cineplex Group <br> PCL<br>| 53300 | 11703 |
|  | MBK PCL | 3190955 | 1628290 |
|  | MC Group PCL | 786100 | 272284 |
|  | MCS Steel PCL | 646400 | 163924 |
|  | Mega Lifesciences <br> PCL<br>| 499300 | 455523 |
| # | MK Restaurants <br> Group PCL<br>| 189000 | 191426 |
| # | Moshi Moshi Retail <br> Corp. PLC<br>| 99700 | 105605 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Muang Thai Insurance <br> PCL<br>| 311680 | $162901 |
|  | Netbay PCL | 115526 | 73242 |
|  | Next Capital PCL | 639400 | 65650 |
|  | Noble Development <br> PCL<br>| 211700 | 14011 |
|  | Northeast Rubber <br> PCL<br>| 686112 | 88270 |
| # | Origin Property PCL | 1284300 | 89764 |
| # | Plan B Media PCL | 2931956 | 379019 |
|  | Polyplex Thailand <br> PCL<br>| 993050 | 290222 |
|  | Praram 9 Hospital <br> PCL<br>| 797500 | 535202 |
|  | Precious Shipping <br> PCL<br>| 865631 | 179364 |
|  | Prima Marine PCL | 2104766 | 419847 |
| \* | Property Perfect PCL | 4441846 | 9616 |
| \* | PSG Corp. PCL | 734712 | 70892 |
|  | PTG Energy PCL | 2485400 | 614913 |
| # | Quality Houses PCL | 17790626 | 726260 |
| # | Ratchthani Leasing <br> PCL<br>| 6625999 | 327868 |
|  | Regional Container <br> Lines PCL<br>| 690200 | 549641 |
|  | Rojana Industrial Park <br> PCL<br>| 1343354 | 186121 |
|  | Sabina PCL | 118500 | 56804 |
|  | Saha Pathana <br> Inter-Holding PCL<br>| 1005000 | 1406409 |
|  | Sahamitr Pressure <br> Container PCL<br>| 327793 | 89716 |
|  | Saha-Union PCL | 551000 | 485650 |
|  | Samart Corp. PCL | 1109800 | 205932 |
|  | Sansiri PCL | 30108310 | 1303592 |
| # | Sappe PCL | 336900 | 377691 |
| # | SC Asset Corp. PCL | 4669015 | 245472 |
|  | Sermsang Power <br> Corp. Co. Ltd.<br>| 605106 | 64375 |
| # | Siamgas & <br> Petrochemicals <br> PCL<br>| 2078300 | 411354 |
| \* | Singer Thailand PCL | 492500 | 88341 |
|  | SiS Distribution <br> Thailand PCL<br>| 20200 | 11557 |
| # | SISB PCL | 425300 | 155205 |
| # | Somboon Advance <br> Technology PCL<br>| 593037 | 240259 |
| # | Sri Trang <br> Agro-Industry PCL<br>| 792349 | 291602 |
| # | Sri Trang Gloves <br> Thailand PCL<br>| 958200 | 198545 |
|  | Srisawad Capital 1969 <br> PCL, Class F<br>| 1497900 | 51420 |

---

1071

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Srivichai Vejvivat PCL | 630409 | $158894 |
|  | Star Petroleum <br> Refining PCL<br>| 1049600 | 155809 |
| \* | STP & I PCL | 1763064 | 197380 |
|  | Supalai PCL | 862600 | 456176 |
|  | SVI PCL | 881200 | 168964 |
|  | Synnex Thailand PCL | 183900 | 59717 |
|  | TAC Consumer PCL | 934731 | 138757 |
| # | Taokaenoi Food & <br> Marketing PCL, <br> Class F<br>| 136200 | 20555 |
|  | Thai Stanley Electric <br> PCL (STANLY/F <br> TB), Class F<br>| 132800 | 794705 |
|  | Thai Vegetable Oil <br> PCL<br>| 976882 | 731113 |
|  | Thai Wacoal PCL | 66600 | 37589 |
| \* | Thaicom PCL | 1630300 | 481502 |
| # | Thaifoods Group PCL | 2226600 | 312626 |
| # | Thoresen Thai <br> Agencies PCL<br>| 1332278 | 181290 |
|  | Tipco Asphalt PCL <br> (TASCO/F TB)<br>| 1153974 | 496064 |
|  | TIPCO Foods PCL | 368682 | 88935 |
|  | TKS Technologies <br> PCL<br>| 195543 | 33865 |
|  | TOA Paint Thailand <br> PCL<br>| 290500 | 115895 |
|  | TPI Polene PCL | 4605800 | 102557 |
|  | TPI Polene Power <br> PCL<br>| 2381482 | 151720 |
|  | Triple i Logistics PCL | 119200 | 17105 |
|  | TTW PCL | 2326300 | 651091 |
|  | Union Auction PCL | 291100 | 51315 |
|  | United Paper PCL | 613900 | 146189 |
|  | Univanich Palm Oil <br> PCL<br>| 1335500 | 491494 |
|  | VGI PCL | 10303600 | 398314 |
| †† | Vinythai PCL | 16237 | 1150 |
|  | WHA Utilities & Power <br> PCL<br>| 593900 | 74938 |
| \* | Xspring Capital PCL | 7440500 | 110451 |
| TOTAL THAILAND | TOTAL THAILAND |  | 36153222 |
| TURKEY — (0.9%) | TURKEY — (0.9%) | TURKEY — (0.9%) | TURKEY — (0.9%) |
| \* | Adese Alisveris <br> Merkezleri Ticaret <br> AS<br>| 1743935 | 151165 |
|  | Agesa Hayat ve <br> Emeklilik AS<br>| 52014 | 259550 |
|  | Akcansa Cimento AS | 79426 | 251828 |
| \* | Akfen Yenilenebilir <br> Enerji AS<br>| 197213 | 80730 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
|  | Aksa Akrilik Kimya <br> Sanayii AS<br>| 2890208 | $851576 |
| \* | Aksigorta AS | 1088258 | 180796 |
|  | Alarko Holding AS | 99562 | 190657 |
|  | Albaraka Turk Katilim <br> Bankasi AS<br>| 3563686 | 696105 |
| \* | Alkim Alkali Kimya AS | 353084 | 162782 |
| \* | Altinay Savunma <br> Teknolojileri AS<br>| 52259 | 83522 |
|  | Anadolu Anonim Turk <br> Sigorta Sirketi<br>| 976380 | 537974 |
|  | Anadolu Hayat <br> Emeklilik AS<br>| 115116 | 282359 |
| \* | Anel Elektrik Proje <br> Taahhut ve Ticaret <br> AS<br>| 97898 | 38372 |
| \* | ARD Grup Bilisim <br> Teknolojileri AS<br>| 425980 | 294323 |
|  | Aygaz AS | 71677 | 336443 |
|  | Baskent Dogalgaz <br> Dagitim <br> Gayrimenkul Yatirim <br> Ortakligi AS<br>| 44789 | 44498 |
| \* | Baticim Bati Anadolu <br> Cimento Sanayii <br> AS<br>| 3013711 | 314498 |
| \* | Bera Holding AS | 1794246 | 783018 |
| \* | Besler Gida Ve Kimya <br> Sanayi Ve Ticaret <br> AS<br>| 204256 | 68128 |
| \* | Biotrend Cevre VE <br> Enerji Yatirimlari <br> AS<br>| 119925 | 66643 |
| \* | BMS Birlesik Metal <br> Sanayi VE Ticaret <br> AS<br>| 75934 | 130467 |
| \* | Bosch Fren Sistemleri <br> Sanayi ve Ticaret <br> AS<br>| 6280 | 25327 |
|  | Brisa Bridgestone <br> Sabanci Sanayi ve <br> Ticaret AS<br>| 63996 | 134504 |
| \* | Can2 Termik AS | 8573342 | 493040 |
|  | Celebi Hava Servisi <br> AS<br>| 1988 | 73633 |
| \* | Cemas Dokum Sanayi <br> AS<br>| 1079879 | 143207 |
|  | Cemtas Celik Makina <br> Sanayi Ve Ticaret <br> AS<br>| 72429 | 19622 |
| # | Cimsa Cimento <br> Sanayi VE Ticaret <br> AS<br>| 596889 | 672814 |

---

1072

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| \* | CW Enerji Muhendislik <br> Ticaret VE Sanayi <br> AS<br>| 160365 | $101698 |
| \* | DAP Gayrimenkul <br> Gelistirme AS<br>| 494139 | 164901 |
| \* | Dardanel Onentas <br> Gida Sanayi AS<br>| 2032071 | 126185 |
| \* | Deva Holding AS | 64512 | 108569 |
| # | Dogan Sirketler Grubu <br> Holding AS<br>| 1542826 | 626469 |
|  | Dogu Aras Enerji <br> Yatirimlari AS<br>| 25023 | 33565 |
| # | Dogus Otomotiv <br> Servis ve Ticaret <br> AS<br>| 129700 | 556005 |
|  | Eczacibasi Yatirim <br> Holding Ortakligi <br> AS<br>| 15021 | 103989 |
|  | EGE Endustri VE <br> Ticaret AS<br>| 1934 | 375840 |
|  | EIS Eczacibasi Ilac ve <br> Sinai ve Finansal <br> Yatirimlar Sanayi ve <br> Ticaret AS<br>| 306697 | 659353 |
| \* | Erbosan Erciyas Boru <br> Sanayii ve Ticaret <br> AS<br>| 41114 | 190090 |
|  | Escar Turizm <br> Tasimacilik Ticaret <br> AS<br>| 87700 | 43469 |
| \* | Esenboga Elektrik <br> Uretim AS<br>| 490481 | 90971 |
| \* | Europen Endustri <br> Insaat Sanayi VE <br> Ticaret AS<br>| 1046838 | 219983 |
| \* | Europower Enerji VE <br> Otomasyon <br> Teknolojileri Sanayi <br> Ticaret AS<br>| 226187 | 153901 |
| \* | Formet Metal ve Cam <br> Sanayi AS<br>| 465193 | 45392 |
|  | Gipta Ofis Kirtasiye <br> VE Promosyon <br> Urunleri Imalat <br> Sanayi AS<br>| 52184 | 124079 |
| \* | Girsim Elektrik Sanayi <br> Taahut Ve Ticaret <br> AS<br>| 84888 | 95098 |
|  | Global Yatirim Holding <br> AS<br>| 4413302 | 1224906 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
|  | Goknur Gida <br> Maddeleri Ithalat <br> Ihracat Ticaret Ve <br> Sanayi AS<br>| 87010 | $47672 |
|  | Goltas Goller Bolgesi <br> Cimento Sanayi ve <br> Ticaret AS<br>| 28547 | 225480 |
| \* | Goodyear Lastikleri <br> TAS<br>| 170282 | 65442 |
| \* | Gozde Girisim <br> Sermayesi Yatirim <br> Ortakligi AS<br>| 523740 | 276565 |
| \* | GSD Holding AS | 1298985 | 149886 |
|  | GUR-Sel Turizm <br> Tasimacilik VE <br> Servis Ticaret AS<br>| 26792 | 217226 |
| \* | Hektas Ticaret TAS | 2787218 | 236347 |
| \* | Hitit Bilgisayar <br> Hizmetleri AS<br>| 60373 | 68805 |
| \* | IC Enterra <br> Yenilenebilir Enerji <br> AS<br>| 369996 | 98900 |
| \* | Indeks Bilgisayar <br> Sistemleri <br> Muhendislik Sanayi <br> ve Ticaret AS<br>| 1235458 | 245745 |
| \* | Ipek Dogal Enerji <br> Kaynaklari <br> Arastirma Ve Uretim <br> AS<br>| 237327 | 439201 |
| \* | Is Finansal Kiralama <br> AS<br>| 721188 | 330065 |
|  | Is Yatirim Menkul <br> Degerler AS<br>| 335942 | 350986 |
|  | Isik Plastik Sanayi Ve <br> Dis Ticaret <br> Pazarlama AS<br>| 219512 | 49739 |
| \* | Isiklar Enerji ve Yapi <br> Holding AS<br>| 492320 | 400004 |
| \* | Izdemir Enerji Elektrik <br> Uretim AS<br>| 1031443 | 236203 |
| \* | Izmir Firca Sanayi ve <br> Ticaret AS<br>| 66005 | 235458 |
|  | Jantsa Jant Sanayi Ve <br> Ticaret AS<br>| 218325 | 110290 |
|  | Kalekim Kimyevi <br> Maddeler Sanayi ve <br> Ticaret AS<br>| 423060 | 347051 |
| \* | Kardemir Karabuk <br> Demir Celik Sanayi <br> ve Ticaret AS <br> (KRDMA TI), <br> Class A<br>| 335815 | 229435 |

---

1073

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| #\* | Kardemir Karabuk <br> Demir Celik Sanayi <br> ve Ticaret AS <br> (KRDMD TI), <br> Class D<br>| 1128335 | $734073 |
| \* | Katmerciler Arac Ustu <br> Ekipman Sanayi ve <br> Ticaret AS<br>| 4713960 | 350399 |
| \* | Kayseri Seker <br> Fabrikasi AS<br>| 301206 | 129781 |
|  | Kocaer Celik Sanayi <br> Ve Ticaret AS<br>| 285056 | 93477 |
| #\* | Kordsa Teknik Tekstil <br> AS<br>| 106650 | 141812 |
| \* | Koza Anadolu Metal <br> Madencilik <br> Isletmeleri AS<br>| 746533 | 1604180 |
|  | LDR Turizm AS | 621088 | 941578 |
|  | Limak Dogu Anadolu <br> Cimento Sanayi VE <br> Ticaret AS<br>| 35252 | 23512 |
|  | Logo Yazilim Sanayi <br> Ve Ticaret AS<br>| 159446 | 633807 |
|  | Lokman Hekim <br> Engurusag Saglik <br> Turizm Egitim <br> Hizmetleri ve Insaat <br> Taahhut AS<br>| 207361 | 82840 |
| \* | Loras Holding AS | 152211 | 21811 |
| \* | Margun Enerji Uretim <br> Sanayi VE Ticaret <br> AS<br>| 241590 | 169966 |
| \* | Marmara Holding AS | 2 | 0 |
| #Ω | Mavi Giyim Sanayi Ve <br> Ticaret AS, Class B<br>| 1089986 | 1043738 |
| #\* | MIA Teknoloji AS | 146016 | 129264 |
| \*Ω | MLP Saglik Hizmetleri <br> AS<br>| 158626 | 1267581 |
| \* | Mogan Enerji Yatirim <br> Holding AS<br>| 296926 | 67401 |
|  | Naturelgaz Sanayi ve <br> Ticaret AS<br>| 278425 | 74055 |
| \* | NET Holding AS | 552554 | 654079 |
|  | Nuh Cimento Sanayi <br> AS<br>| 117923 | 683706 |
| \* | ODAS Elektrik Uretim <br> ve Sanayi Ticaret <br> AS<br>| 2268878 | 317939 |
| \* | Orge Enerji Elektrik <br> Taahhut AS<br>| 94329 | 154900 |
| \* | Parsan Makina <br> Parcalari Sanayii <br> AS<br>| 38908 | 86249 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| \* | Peker Gayrimenkul <br> Yatirim Ortakligi AS<br>| 3167513 | $903548 |
|  | Penta Teknoloji <br> Urunleri Dagitim <br> Ticaret AS<br>| 122346 | 44763 |
| \* | Politeknik Metal <br> Sanayi ve Ticaret <br> AS<br>| 326 | 66506 |
| \* | Ral Yatirim Holding <br> AS<br>| 77439 | 364985 |
| \* | Reysas Tasimacilik ve <br> Lojistik Ticaret AS<br>| 5238710 | 1853911 |
| \* | Safkar Ege <br> Sogutmacilik Klima <br> Soguk Hava <br> Tesisleri Ihracat <br> Ithalat Sanayi Ve <br> Ticaret AS<br>| 43708 | 26442 |
|  | Sarkuysan Elektrolitik <br> Bakir Sanayi ve <br> Ticaret AS<br>| 3056308 | 1111564 |
| \* | Say Yenilenebilir <br> Enerji Ekipmanlari <br> Sanayi ve Ticaret <br> AS<br>| 28883 | 37055 |
|  | SDT Uzay VE <br> Savunma <br> Teknolojileri AS<br>| 20156 | 91208 |
|  | Sekerbank Turk AS | 1683553 | 320309 |
|  | Selcuk Ecza Deposu <br> Ticaret ve Sanayi <br> AS<br>| 266990 | 493753 |
| # | Sok Marketler Ticaret <br> AS<br>| 390585 | 410517 |
|  | Suwen Tekstil Sanayi <br> Pazarlama AS<br>| 326411 | 91399 |
| \* | Tatlipinar Enerji Uretim <br> AS<br>| 63233 | 119514 |
| #\* | Tekfen Holding AS | 461381 | 923390 |
| \* | Teknosa Ic Ve Dis <br> Ticaret AS<br>| 196315 | 116608 |
| \* | Tukas Gida Sanayi ve <br> Ticaret AS<br>| 2521027 | 171438 |
| \* | Tumosan Motor ve <br> Traktor Sanayi AS<br>| 47923 | 124780 |
|  | Turcas Holding AS | 17563 | 15859 |
| #\* | Turkiye Sinai <br> Kalkinma Bankasi <br> AS<br>| 2288283 | 700125 |
| # | Ulker Biskuvi Sanayi <br> AS<br>| 165551 | 424764 |
| \* | Vakif Finansal <br> Kiralama AS<br>| 1828850 | 85387 |

---

1074

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| #\* | Vestel Elektronik <br> Sanayi ve Ticaret <br> AS<br>| 176582 | $139814 |
| \* | Yatas Yatak ve Yorgan <br> Sanayi ve Ticaret <br> AS<br>| 326203 | 290805 |
| \* | Yayla Agro Gida <br> Sanayi VE Nakliyat <br> AS<br>| 249455 | 65196 |
| \* | YEO Teknoloji Enerji <br> VE Endustri AS<br>| 67175 | 54781 |
| \* | Yesil Yapi Endustrisi <br> AS<br>| 472927 | 27223 |
|  | Yunsa Yunlu Sanayi <br> VE Ticare AS<br>| 3 | 1 |
| \* | Zorlu Enerji Elektrik <br> Uretim AS<br>| 779454 | 62037 |
| TOTAL TURKEY | TOTAL TURKEY |  | 35316374 |
| UNITED ARAB EMIRATES — (1.4%) | UNITED ARAB EMIRATES — (1.4%) | UNITED ARAB EMIRATES — (1.4%) | UNITED ARAB EMIRATES — (1.4%) |
|  | Abu Dhabi Islamic <br> Bank PJSC<br>| 1360993 | 7820439 |
|  | Abu Dhabi National <br> Hotels<br>| 6427072 | 779958 |
|  | Abu Dhabi National <br> Insurance Co. PSC<br>| 113777 | 226697 |
| \* | Abu Dhabi Ports Co. <br> PJSC<br>| 713823 | 891204 |
|  | Abu Dhabi Ship <br> Building Co. PJSC<br>| 185795 | 363922 |
|  | Agility Global PLC | 1928795 | 572209 |
|  | Agthia Group PJSC | 578838 | 609623 |
|  | Air Arabia PJSC | 6779924 | 7194097 |
|  | Ajman Bank PJSC | 3693896 | 1468368 |
| \* | AL Seer Marine <br> Supplies & <br> Equipment Co. LLC<br>| 107015 | 86563 |
|  | Amanat Holdings <br> PJSC<br>| 3523544 | 1102812 |
|  | Americana <br> Restaurants <br> International PLC - <br> Foreign Co.<br>| 2112870 | 1202627 |
| \* | Amlak Finance PJSC | 1797166 | 846634 |
| \* | Apex Investment Co. <br> PSC<br>| 2147577 | 2249844 |
| \*†† | Arabtec Holding <br> PJSC<br>| 2783626 | 0 |
| \* | Bank of Sharjah | 957831 | 336577 |
|  | Burjeel Holdings PLC | 691883 | 263822 |
|  | Dana Gas PJSC | 11403142 | 2570778 |
|  | Deyaar Development <br> PJSC<br>| 4393484 | 1233818 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
|  | Dubai Financial <br> Market PJSC<br>| 4059981 | $1703871 |
|  | Dubai Investments <br> PJSC<br>| 4562336 | 4125612 |
|  | Emaar Development <br> PJSC<br>| 623373 | 2532178 |
|  | Emirates Central <br> Cooling Systems <br> Corp.<br>| 1778580 | 765002 |
| \* | EMSTEEL Building <br> Materials PJSC<br>| 2280267 | 731966 |
| \* | Eshraq Investments <br> PJSC<br>| 1972192 | 232323 |
|  | Fertiglobe PLC | 747752 | 508904 |
| \* | Ghitha Holding PJSC | 1547 | 9879 |
| \* | Gulf Navigation <br> Holding PJSC<br>| 1089050 | 2703802 |
| \* | Gulf Pharmaceutical <br> Industries PSC<br>| 402094 | 134459 |
| \* | Manazel PJSC | 1789641 | 146108 |
| \* | Multiply Group PJSC | 4640262 | 3770334 |
|  | National Central <br> Cooling Co. PJSC<br>| 611167 | 502376 |
|  | NMDC Group PJSC | 76930 | 500848 |
|  | Palms Sports PrJSC | 10310 | 23561 |
|  | Parkin Co. PJSC | 468803 | 707117 |
| \* | Presight AI Holding <br> PLC<br>| 730748 | 717901 |
|  | Pure Health Holding <br> PJSC<br>| 290603 | 222401 |
| \* | RAK Properties PJSC | 3976501 | 1527785 |
|  | Ras Al Khaimah <br> Ceramics PJSC<br>| 1020951 | 714422 |
|  | Sharjah Islamic Bank | 1353721 | 1087303 |
| \* | Shuaa Capital PSC | 1493192 | 86493 |
|  | Taaleem Holdings <br> PJSC<br>| 118641 | 140069 |
|  | TECOM Group PJSC | 336524 | 298633 |
| \* | Union Properties <br> PJSC<br>| 6905565 | 1514075 |
| TOTAL UNITED ARAB <br> EMIRATES | TOTAL UNITED ARAB <br> EMIRATES |  | 55227414 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 3920601656 |
| PREFERRED STOCKS — (0.5%) | PREFERRED STOCKS — (0.5%) | PREFERRED STOCKS — (0.5%) | PREFERRED STOCKS — (0.5%) |
| BRAZIL — (0.5%) | BRAZIL — (0.5%) | BRAZIL — (0.5%) | BRAZIL — (0.5%) |
|  | Alpargatas SA, <br> 1.006%<br>| 366256 | 720265 |
|  | Banco ABC Brasil SA, <br> 8.457%<br>| 211069 | 902740 |

---

1075

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
| Ω | Banco BMG SA, <br> 7.859%<br>| 257749 | $193074 |
| \* | Banco BMG SA | 10599 | 7683 |
|  | Banco do Estado do <br> Rio Grande do Sul <br> SA, 9.033%<br>| 507370 | 1295786 |
|  | Banco Pan SA, <br> 2.333%<br>| 695362 | 1337744 |
|  | Banco Pine SA, <br> 6.844%<br>| 7600 | 13265 |
|  | Centrais Eletricas de <br> Santa Catarina SA, <br> 9.478%<br>| 59700 | 1159500 |
|  | Cia de Ferro Ligas da <br> Bahia FERBASA, <br> 6.359%<br>| 604412 | 881911 |
|  | Cia De Sanena Do <br> Parana, 6.586%<br>| 2734490 | 3471513 |
|  | Eucatex SA Industria <br> e Comercio, <br> 4.404%<br>| 78843 | 244738 |
|  | Isa Energia Brasil SA, <br> 10.298%<br>| 455278 | 2124933 |
|  | Marcopolo SA, <br> 7.858%<br>| 2161813 | 3170421 |
|  | Randoncorp SA, <br> 4.234%<br>| 545887 | 613875 |
|  | Schulz SA, 6.913% | 370405 | 335295 |
|  | Unipar Carbocloro SA, <br> 10.425%<br>| 76045 | 1003577 |
| \* | Usinas Siderurgicas <br> de Minas Gerais SA <br> Usiminas<br>| 374380 | 394564 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 17870884 |
| CHILE — (0.0%) | CHILE — (0.0%) | CHILE — (0.0%) | CHILE — (0.0%) |
|  | Coca-Cola Embonor <br> SA Class B, <br> 6.187%<br>| 95730 | 140976 |
|  | Embotelladora Andina <br> SA, 4.564%<br>| 46148 | 207577 |
| TOTAL CHILE | TOTAL CHILE |  | 348553 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) | COLOMBIA — (0.0%) |
|  | Grupo Aval Acciones y <br> Valores SA, <br> 3.140%<br>| 367659 | $74110 |
| PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) |
|  | Cebu Air, Inc., <br> 6.000%<br>| 393739 | 220702 |
| TOTAL PREFERRED <br> STOCKS | TOTAL PREFERRED <br> STOCKS |  | 18514249 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) | BRAZIL — (0.0%) |
| \* | Banco Pine SA Rights <br> 11/17/2025<br>| 192 | 38 |
| SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) | SOUTH KOREA — (0.0%) |
| \* | Robotis Co. Ltd. <br> Rights 11/10/2025<br>| 1121 | 89460 |
| TAIWAN — (0.0%) | TAIWAN — (0.0%) | TAIWAN — (0.0%) | TAIWAN — (0.0%) |
| \* | National Aerospace <br> Fasteners Corp. <br> Rights 11/17/2025<br>| 7933 | 3226 |
| THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) | THAILAND — (0.0%) |
| \* | Better World Green <br> PCL Warrants<br>| 4053005 | 0 |
| TOTAL <br> RIGHTS/WARRANTS | TOTAL <br> RIGHTS/WARRANTS |  | 92724 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $2,235,408,550) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $2,235,408,550) |  | 3939208629 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | **Value†** |
| SECURITIES LENDING COLLATERAL — (1.7%) | SECURITIES LENDING COLLATERAL — (1.7%) | SECURITIES LENDING COLLATERAL — (1.7%) | SECURITIES LENDING COLLATERAL — (1.7%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 6044716 | 69919235 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $2,305,327,785) | (Cost $2,305,327,785) |  | $4009127864 |

---

1076

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

As of October 31, 2025, The Emerging Markets Small Cap Series had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 86 | 12/19/25 | &nbsp;&nbsp; $28565251 | &nbsp;&nbsp; $29558200 | &nbsp;&nbsp; $992949 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$28565251** | &nbsp;&nbsp; **$29558200** | &nbsp;&nbsp; **$992949** |

---

As of October 31, 2025, the value of Rule 144A securities amounted to $232,937,664 or 5.9% of net assets.

Summary of the Series' investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Brazil | &nbsp;&nbsp; $131322740 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $131322740 |
| Chile | &nbsp;&nbsp; 1390502 | &nbsp;&nbsp; $27269488 | &nbsp;&nbsp; — | &nbsp;&nbsp; 28659990 |
| China | &nbsp;&nbsp; 35157648 | &nbsp;&nbsp; 1057795896 | &nbsp;&nbsp; $726430 | &nbsp;&nbsp; 1093679974 |
| Colombia | &nbsp;&nbsp; 2306125 | &nbsp;&nbsp; 856277 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3162402 |
| France | &nbsp;&nbsp; 230224 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 230224 |
| Greece | &nbsp;&nbsp; — | &nbsp;&nbsp; 27747657 | &nbsp;&nbsp; — | &nbsp;&nbsp; 27747657 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 468968 | &nbsp;&nbsp; — | &nbsp;&nbsp; 468968 |
| Hungary | &nbsp;&nbsp; — | &nbsp;&nbsp; 6315867 | &nbsp;&nbsp; — | &nbsp;&nbsp; 6315867 |
| India | &nbsp;&nbsp; 4476 | &nbsp;&nbsp; 779075816 | &nbsp;&nbsp; — | &nbsp;&nbsp; 779080292 |
| Indonesia | &nbsp;&nbsp; — | &nbsp;&nbsp; 57169333 | &nbsp;&nbsp; 88988 | &nbsp;&nbsp; 57258321 |
| Kuwait | &nbsp;&nbsp; — | &nbsp;&nbsp; 32460179 | &nbsp;&nbsp; 473786 | &nbsp;&nbsp; 32933965 |
| Malaysia | &nbsp;&nbsp; — | &nbsp;&nbsp; 53618402 | &nbsp;&nbsp; 45 | &nbsp;&nbsp; 53618447 |
| Mexico | &nbsp;&nbsp; 101880725 | &nbsp;&nbsp; 5655890 | &nbsp;&nbsp; — | &nbsp;&nbsp; 107536615 |
| Philippines | &nbsp;&nbsp; — | &nbsp;&nbsp; 26286941 | &nbsp;&nbsp; 12321 | &nbsp;&nbsp; 26299262 |
| Poland | &nbsp;&nbsp; — | &nbsp;&nbsp; 66973056 | &nbsp;&nbsp; — | &nbsp;&nbsp; 66973056 |
| Qatar | &nbsp;&nbsp; — | &nbsp;&nbsp; 28365923 | &nbsp;&nbsp; — | &nbsp;&nbsp; 28365923 |
| Saudi Arabia | &nbsp;&nbsp; 32366 | &nbsp;&nbsp; 120945487 | &nbsp;&nbsp; — | &nbsp;&nbsp; 120977853 |
| South Africa | &nbsp;&nbsp; 17021661 | &nbsp;&nbsp; 100682372 | &nbsp;&nbsp; — | &nbsp;&nbsp; 117704033 |
| South Korea | &nbsp;&nbsp; 69525 | &nbsp;&nbsp; 377229272 | &nbsp;&nbsp; 390364 | &nbsp;&nbsp; 377689161 |
| Taiwan | &nbsp;&nbsp; 164947 | &nbsp;&nbsp; 733668428 | &nbsp;&nbsp; 46521 | &nbsp;&nbsp; 733879896 |
| Thailand | &nbsp;&nbsp; 60184 | &nbsp;&nbsp; 36091888 | &nbsp;&nbsp; 1150 | &nbsp;&nbsp; 36153222 |
| Turkey | &nbsp;&nbsp; — | &nbsp;&nbsp; 35316374 | &nbsp;&nbsp; — | &nbsp;&nbsp; 35316374 |
| United Arab Emirates | &nbsp;&nbsp; — | &nbsp;&nbsp; 55227414 | &nbsp;&nbsp; — | &nbsp;&nbsp; 55227414 |
| Preferred Stocks |  |  |  |  |
| Brazil | &nbsp;&nbsp; 17870884 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 17870884 |
| Chile | &nbsp;&nbsp; — | &nbsp;&nbsp; 348553 | &nbsp;&nbsp; — | &nbsp;&nbsp; 348553 |
| Colombia | &nbsp;&nbsp; 74110 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 74110 |
| Philippines | &nbsp;&nbsp; — | &nbsp;&nbsp; 220702 | &nbsp;&nbsp; — | &nbsp;&nbsp; 220702 |
| Rights/Warrants |  |  |  |  |
| Brazil | &nbsp;&nbsp; — | &nbsp;&nbsp; 38 | &nbsp;&nbsp; — | &nbsp;&nbsp; 38 |
| South Korea | &nbsp;&nbsp; — | &nbsp;&nbsp; 89460 | &nbsp;&nbsp; — | &nbsp;&nbsp; 89460 |
| Taiwan | &nbsp;&nbsp; — | &nbsp;&nbsp; 3226 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3226 |
| Thailand | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 69919235 | &nbsp;&nbsp; — | &nbsp;&nbsp; 69919235 |
| Total Investments in Securities | &nbsp;&nbsp; $307586117 | &nbsp;&nbsp; $3699802142 | &nbsp;&nbsp; $1,739,605˂˃ | &nbsp;&nbsp; $4009127864 |

---

1077

------

**The Emerging Markets Small Cap Series**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; $992949 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $992949 |
| Total Financial Instruments | &nbsp;&nbsp; $992949 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $992949 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

1078

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENTS OF ASSETS AND LIABILITIES**

**October 31, 2025**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **The DFA**<br> **International**<br> **Value Series\***<br>| **The Japanese**<br> **Small**<br> **Company**<br> **Series\***<br>| **The Asia**<br> **Pacific Small**<br> **Company**<br> **Series\***<br>| **The United**<br> **Kingdom Small**<br> **Company**<br> **Series\***<br>|
| **ASSETS:** |  |  |  |  |
| Investment Securities at Value (including $443,347, $274,687, <br> $200,703 and $43,501 of securities on loan, respectively)<br>| $15356603 | $3290153 | $1623752 | $1717275 |
| Collateral from Securities on Loan Invested in Affiliate at Value <br> (including cost of $233,994, $40,458, $30,607 and $23,767, <br> respectively)<br>| 233994 | 40458 | 30607 | 23767 |
| Segregated Cash for Futures Contracts | 8581 |  |  |  |
| Foreign Currencies at Value | 3149 | 45 | 1453 | 9777 |
| Cash  | 139882 | 3988 | 2427 | 3292 |
| Receivables: |  |  |  |  |
| Investment Securities Sold |  | 2864 | 1037 | 1405 |
| Dividends, Interest and Tax Reclaims | 125177 | 31250 | 595 | 6992 |
| Securities Lending Income | 193 | 285 | 578 | 39 |
| Futures Variation Margin | 374 |  |  |  |
| Prepaid Expenses and Other Assets  |  |  | 1 |  |
| Total Assets | 15867953 | 3369043 | 1660450 | 1762547 |
| **LIABILITIES:** |  |  |  |  |
| Payables: |  |  |  |  |
| Upon Return of Securities Loaned | 233924 | 40518 | 30619 | 23769 |
| Investment Securities Purchased |  |  | 1494 | 4003 |
| Due to Advisor | 2640 | 286 | 139 | 150 |
| Unrealized Loss on Foreign Currency Contracts |  |  |  | 7 |
| Accrued Expenses and Other Liabilities | 568 | 171 | 92 | 83 |
| Total Liabilities | 237132 | 40975 | 32344 | 28012 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |  |
| **NET ASSETS** | $15630821 | $3328068 | $1628106 | $1734535 |
| Investment Securities at Cost | $9326906 | $2196162 | $1286615 | $1374530 |
| Foreign Currencies at Cost | $3136 | $45 | $1461 | $9814 |

---

------

\*

See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

1079

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENTS OF ASSETS AND LIABILITIES**

**October 31, 2025**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **The**<br> **Continental**<br> **Small**<br> **Company**<br> **Series\***<br>| **The Canadian**<br> **Small**<br> **Company**<br> **Series\***<br>| **The Emerging**<br> **Markets**<br> **Series\***<br>| **The Emerging**<br> **Markets Small**<br> **Cap Series\***<br>|
| **ASSETS:** |  |  |  |  |
| Investment Securities at Value (including $349,903, $229,304, <br> $328,515 and $529,519 of securities on loan, respectively)<br>| $5814207 | $1901439 | $6443766 | $3939209 |
| Collateral from Securities on Loan Invested in Affiliate at Value <br> (including cost of $295,722, $170,730, $73,765 and $69,919, <br> respectively)<br>| 295722 | 170733 | 73765 | 69919 |
| Cash Collateral from Securities on Loan |  | 29632 |  |  |
| Segregated Cash for Futures Contracts |  |  | 2747 | 1831 |
| Foreign Currencies at Value | 6357 | 1759 | 37695 | 19581 |
| Cash  | 17056 | 2541 | 32298 | 23229 |
| Receivables: |  |  |  |  |
| Investment Securities Sold | 3818 | 148 | 8372 | 8843 |
| Dividends, Interest and Tax Reclaims | 48737 | 1009 | 4781 | 4303 |
| Securities Lending Income | 309 | 71 | 532 | 1916 |
| Futures Variation Margin |  |  | 120 | 80 |
| Unrealized Gain on Foreign Currency Contracts |  |  | 1 |  |
| Total Assets | 6186206 | 2107332 | 6604077 | 4068911 |
| **LIABILITIES:** |  |  |  |  |
| Payables: |  |  |  |  |
| Upon Return of Securities Loaned | 295823 | 200426 | 73812 | 69902 |
| Investment Securities Purchased | 10643 |  | 7865 | 7148 |
| Due to Advisor | 503 | 162 | 537 | 670 |
| Unrealized Loss on Foreign Currency Contracts | 3 |  |  |  |
| Deferred Taxes Payable |  |  | 82701 | 66500 |
| Accrued Expenses and Other Liabilities | 254 | 52 | 559 | 534 |
| Total Liabilities | 307226 | 200640 | 165474 | 144754 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |  |  |  |
| **NET ASSETS** | $5878980 | $1906692 | $6438603 | $3924157 |
| Investment Securities at Cost | $3623657 | $1125995 | $2757329 | $2235409 |
| Foreign Currencies at Cost | $6356 | $1764 | $37780 | $19622 |

---

------

\*

See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

1080

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENTS OF OPERATIONS**

**FOR THE YEAR ENDED OCTOBER 31, 2025**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **The DFA**<br> **International**<br> **Value Series**<br>| **The Japanese**<br> **Small**<br> **Company**<br> **Series**<br>| **The Asia**<br> **Pacific Small**<br> **Company**<br> **Series**<br>| **The United**<br> **Kingdom Small**<br> **Company**<br> **Series**<br>|
| **Investment Income** |  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $47,025, $9,733, <br> $540 and $465, respectively)<br>| $529966 | $85547 | $50577 | $66087 |
| Dividend Income from Affiliates | 11290 | 2330 | 828 | 427 |
| Income from Securities Lending, Net | 3618 | 3230 | 4629 | 426 |
| Total Investment Income | 544874 | 91107 | 56034 | 66940 |
| **Expenses** |  |  |  |  |
| Investment Management Fees | 27529 | 3065 | 1382 | 1562 |
| Accounting & Transfer Agent Fees | 311 | 76 | 36 | 41 |
| Custodian Fees | 688 | 277 | 196 | 86 |
| Shareholders' Reports | 5 | 11 | 14 | 12 |
| Trustees' Fees and Expenses | 103 | 23 | 10 | 12 |
| Professional Fees | 277 | 46 | 21 | 24 |
| Other | 284 | 70 | 32 | 39 |
| Total Expenses | 29197 | 3568 | 1691 | 1776 |
| Net Expenses | 29197 | 3568 | 1691 | 1776 |
| **Net Investment Income (Loss)** | 515677 | 87539 | 54343 | 65164 |
| **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| Net Realized Gain (Loss) on: |  |  |  |  |
| Investment Securities Sold | 35125 | 21501 | (76663)<br>| (1828)<br>|
| Affiliated Investment Companies Shares Sold | 9 | (2)<br>| 2 | 1 |
| Futures | 15034 | 155 | (77)<br>| (102)<br>|
| Foreign Currency Transactions | 1631 | 317 | (238)<br>| (112)<br>|
| In-Kind Redemptions | 138875 |  |  |  |
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| Investment Securities and Foreign Currency | 3179348 | 614204 | 347914 | 124562 |
| Affiliated Investment Companies Shares | (6)<br>| (2)<br>|  |  |
| Futures | 3895 | 90 | 30 | 37 |
| Translation of Foreign Currency-Denominated Amounts | 3717 | 671 | 4 | (20)<br>|
| **Net Realized and Unrealized Gain (Loss)** | 3377628 | 636934 | 270972 | 122538 |
| **Net Increase (Decrease) in Net Assets Resulting from** <br> **Operations**<br>| $3893305 | $724473 | $325315 | $187702 |

---

See accompanying Notes to Financial Statements.

1081

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENTS OF OPERATIONS**

**FOR THE YEAR ENDED OCTOBER 31, 2025**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **The**<br> **Continental**<br> **Small**<br> **Company**<br> **Series**<br>| **The Canadian**<br> **Small**<br> **Company**<br> **Series**<br>| **The Emerging**<br> **Markets**<br> **Series**<br>| **The Emerging**<br> **Markets Small**<br> **Cap Series**<br>|
| **Investment Income** |  |  |  |  |
| Dividends (Net of Foreign Taxes Withheld of $18,424, $5,419, <br> $21,046 and $13,069, respectively)<br>| $159514 | $32040 | $145034 | $97122 |
| Dividend Income from Affiliates | 9510 | 3447 | 2503 | 1324 |
| Income from Securities Lending, Net | 4529 | 825 | 5018 | 17197 |
| Total Investment Income | 173553 | 36312 | 152555 | 115643 |
| **Expenses** |  |  |  |  |
| Investment Management Fees | 5460 | 1473 | 5531 | 7326 |
| Accounting & Transfer Agent Fees | 132 | 32 | 133 | 92 |
| Custodian Fees | 443 | 43 | 2103 | 1858 |
| Shareholders' Reports | 11 | 12 | 11 | 12 |
| Trustees' Fees and Expenses | 40 | 10 | 42 | 27 |
| Professional Fees | 273 | 21 | 162 | 204 |
| Other | 231 | 29 | 120 | 77 |
| Total Expenses | 6590 | 1620 | 8102 | 9596 |
| Net Expenses | 6590 | 1620 | 8102 | 9596 |
| **Net Investment Income (Loss)** | 166963 | 34692 | 144453 | 106047 |
| **Realized and Unrealized Gain (Loss)** |  |  |  |  |
| Net Realized Gain (Loss) on: |  |  |  |  |
| Investment Securities Sold | (64120)<br>| 78609 | 34905 <br><sup>1</sup><br>| (178851 )<sup>1</sup><br>|
| Affiliated Investment Companies Shares Sold | 31 | 10 | 14 | 4 |
| Futures | (2144)<br>| 172 | 6380 | 3600 |
| Foreign Currency Transactions | 1203 | (130)<br>| (460)<br>| (630)<br>|
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| Investment Securities and Foreign Currency | 1123808 | 468225 | 1242073 <br><sup>2</sup><br>| 632191 <br><sup>2</sup><br>|
| Affiliated Investment Companies Shares | (4)<br>| 1 | (1)<br>|  |
| Futures |  |  | 1044 | 936 |
| Translation of Foreign Currency-Denominated Amounts | 2701 | 20 | 264 | 184 |
| **Net Realized and Unrealized Gain (Loss)** | 1061475 | 546907 | 1284219 | 457434 |
| **Net Increase (Decrease) in Net Assets Resulting from** <br> **Operations**<br>| $1228438 | $581599 | $1428672 | $563481 |
| <sup>1</sup>Net of foreign capital gain taxes withheld of: | $— | $— | $6247 | $11885 |
| <sup>2</sup>Including foreign capital gain taxes of: | $— | $— | $3154 | $15040 |

---

See accompanying Notes to Financial Statements.

1082

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The DFA International**<br> **Value Series** | **The DFA International**<br> **Value Series** | **The Japanese Small**<br> **Company Series** | **The Japanese Small**<br> **Company Series** | **The Asia Pacific Small**<br> **Company Series** | **The Asia Pacific Small**<br> **Company Series** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
| **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
| Operations: |  |  |  |  |  |  |
| Net Investment Income (Loss) | $515677 | $485329 | &nbsp;&nbsp; $87539 | $80502 | &nbsp;&nbsp; $54343 | $51402 |
| Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| Investment Securities Sold | 35125 | 3034 | &nbsp;&nbsp; 21501 | (70589)<br>| &nbsp;&nbsp; (76663)<br>| (95372)<br>|
| Affiliated Investment Companies Shares <br> Sold<br>| 9 | (46)<br>| &nbsp;&nbsp; (2)<br>| (10)<br>| &nbsp;&nbsp; 2 |  |
| Futures | 15034 | 24211 | &nbsp;&nbsp; 155 | (169)<br>| &nbsp;&nbsp; (77)<br>| (102)<br>|
| Foreign Currency Transactions | 1631 | 2242 | &nbsp;&nbsp; 317 | (1600)<br>| &nbsp;&nbsp; (238)<br>| 830 |
| In-Kind Redemptions | 138875 | 178254 | &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Change in Unrealized Appreciation <br> (Depreciation) of:<br>|  |  |  |  |  |  |
| Investment Securities and Foreign <br> Currency<br>| 3179348 | 1773464 | &nbsp;&nbsp; 614204 | 429447 | &nbsp;&nbsp; 347914 | 313651 |
| Affiliated Investment Companies Shares | (6)<br>| 6 | &nbsp;&nbsp; (2)<br>| 3 | &nbsp;&nbsp; — |  |
| Futures | 3895 | 3619 | &nbsp;&nbsp; 90 | (90)<br>| &nbsp;&nbsp; 30 | (30)<br>|
| Translation of Foreign <br> Currency-Denominated Amounts<br>| 3717 | 890 | &nbsp;&nbsp; 671 | (1443)<br>| &nbsp;&nbsp; 4 | 8 |
| Net Increase (Decrease) in Net <br> Assets Resulting from Operations<br>| 3893305 | 2471003 | &nbsp;&nbsp; 724473 | 436051 | &nbsp;&nbsp; 325315 | 270387 |
| Transactions in Interest: |  |  |  |  |  |  |
| Contributions | 861188 | 574640 | &nbsp;&nbsp; 33372 | 35137 | &nbsp;&nbsp; 20179 | 61545 |
| Withdrawals | (1593307)<br>| (2017781)<br>| &nbsp;&nbsp; (400799)<br>| (321339)<br>| &nbsp;&nbsp; (91175)<br>| (160286)<br>|
| Net Increase (Decrease) from <br> Transactions in Interest<br>| (732119)<br>| (1443141)<br>| &nbsp;&nbsp; (367427)<br>| (286202)<br>| &nbsp;&nbsp; (70996)<br>| (98741)<br>|
| Total Increase (Decrease) in Net <br> Assets<br>| 3161186 | 1027862 | &nbsp;&nbsp; 357046 | 149849 | &nbsp;&nbsp; 254319 | 171646 |
| **Net Assets** |  |  |  |  |  |  |
| Beginning of Year | 12469635 | 11441773 | &nbsp;&nbsp; 2971022 | 2821173 | &nbsp;&nbsp; 1373787 | 1202141 |
| End of Year | $15630821 | $12469635 | &nbsp;&nbsp; $3328068 | $2971022 | &nbsp;&nbsp; $1628106 | $1373787 |

---

See accompanying Notes to Financial Statements.

1083

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **The United Kingdom Small**<br> **Company Series** | **The United Kingdom Small**<br> **Company Series** | **The Continental Small**<br> **Company Series** | **The Continental Small**<br> **Company Series** | **The Canadian Small**<br> **Company Series** | **The Canadian Small**<br> **Company Series** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
| **Increase (Decrease) in Net Assets** |  |  |  |  |  |  |
| Operations: |  |  |  |  |  |  |
| Net Investment Income (Loss) | $65164 | $59743 | &nbsp;&nbsp; $166963 | $173727 | &nbsp;&nbsp; $34692 | $33971 |
| Net Realized Gain (Loss) on: |  |  |  |  |  |  |
| Investment Securities Sold | (1828)<br>| 23405 | &nbsp;&nbsp; (64120)<br>| 173970 | &nbsp;&nbsp; 78609 | 46365 |
| Affiliated Investment Companies Shares <br> Sold<br>| 1 | (1)<br>| &nbsp;&nbsp; 31 | (27)<br>| &nbsp;&nbsp; 10 | (3)<br>|
| Futures | (102)<br>| (33)<br>| &nbsp;&nbsp; (2144)<br>| (11)<br>| &nbsp;&nbsp; 172 | (307)<br>|
| Foreign Currency Transactions | (112)<br>| 824 | &nbsp;&nbsp; 1203 | (140)<br>| &nbsp;&nbsp; (130)<br>| (199)<br>|
| Change in Unrealized Appreciation <br> (Depreciation) of:<br>|  |  |  |  |  |  |
| Investment Securities and Foreign <br> Currency<br>| 124562 | 333371 | &nbsp;&nbsp; 1123808 | 765290 | &nbsp;&nbsp; 468225 | 248969 |
| Affiliated Investment Companies Shares |  |  | &nbsp;&nbsp; (4)<br>| 3 | &nbsp;&nbsp; 1 | 2 |
| Futures | 37 | (37)<br>| &nbsp;&nbsp; — |  | &nbsp;&nbsp; — |  |
| Translation of Foreign <br> Currency-Denominated Amounts<br>| (20)<br>| (41)<br>| &nbsp;&nbsp; 2701 | 1610 | &nbsp;&nbsp; 20 |  |
| Net Increase (Decrease) in Net <br> Assets Resulting from Operations<br>| 187702 | 417231 | &nbsp;&nbsp; 1228438 | 1114422 | &nbsp;&nbsp; 581599 | 328798 |
| Transactions in Interest: |  |  |  |  |  |  |
| Contributions | 177507 | 69101 | &nbsp;&nbsp; 160396 | 234420 | &nbsp;&nbsp; 98334 | 5707 |
| Withdrawals | (183898)<br>| (185021)<br>| &nbsp;&nbsp; (1262628)<br>| (237781)<br>| &nbsp;&nbsp; (160002)<br>| (125143)<br>|
| Net Increase (Decrease) from <br> Transactions in Interest<br>| (6391)<br>| (115920)<br>| &nbsp;&nbsp; (1102232)<br>| (3361)<br>| &nbsp;&nbsp; (61668)<br>| (119436)<br>|
| Total Increase (Decrease) in Net <br> Assets<br>| 181311 | 301311 | &nbsp;&nbsp; 126206 | 1111061 | &nbsp;&nbsp; 519931 | 209362 |
| **Net Assets** |  |  |  |  |  |  |
| Beginning of Year | 1553224 | 1251913 | &nbsp;&nbsp; 5752774 | 4641713 | &nbsp;&nbsp; 1386761 | 1177399 |
| End of Year | $1734535 | $1553224 | &nbsp;&nbsp; $5878980 | $5752774 | &nbsp;&nbsp; $1906692 | $1386761 |

---

See accompanying Notes to Financial Statements.

1084

------

**THE DFA INVESTMENT TRUST COMPANY**

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **The Emerging Markets**<br> **Series** | **The Emerging Markets**<br> **Series** | **The Emerging Markets**<br> **Small Cap Series** | **The Emerging Markets**<br> **Small Cap Series** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
| **Increase (Decrease) in Net Assets** |  |  |  |  |
| Operations: |  |  |  |  |
| Net Investment Income (Loss) | $144453 | $138022 | &nbsp;&nbsp; $106047 | $108177 |
| Net Realized Gain (Loss) on: |  |  |  |  |
| Investment Securities Sold | 34905 | (127837)<br>| &nbsp;&nbsp; (178851)<br>| (46200)<br>|
| Affiliated Investment Companies Shares Sold | 14 | 3 | &nbsp;&nbsp; 4 | (3)<br>|
| Futures | 6380 | 6001 | &nbsp;&nbsp; 3600 | 5328 |
| Foreign Currency Transactions | (460)<br>| (1645)<br>| &nbsp;&nbsp; (630)<br>| (1009)<br>|
| Change in Unrealized Appreciation (Depreciation) of: |  |  |  |  |
| Investment Securities and Foreign Currency | 1242073 | 1018708 | &nbsp;&nbsp; 632191 | 690488 |
| Affiliated Investment Companies Shares | (1)<br>| 1 | &nbsp;&nbsp; — |  |
| Futures | 1044 | 2452 | &nbsp;&nbsp; 936 | 1874 |
| Translation of Foreign Currency-Denominated Amounts | 264 | (162)<br>| &nbsp;&nbsp; 184 | (89)<br>|
| Net Increase (Decrease) in Net Assets Resulting from Operations | 1428672 | 1035543 | &nbsp;&nbsp; 563481 | 758566 |
| Transactions in Interest: |  |  |  |  |
| Contributions | 256136 | 238564 | &nbsp;&nbsp; 37926 | 60643 |
| Withdrawals | (581429)<br>| (317878)<br>| &nbsp;&nbsp; (504037)<br>| (806861)<br>|
| Net Increase (Decrease) from Transactions in Interest | (325293)<br>| (79314)<br>| &nbsp;&nbsp; (466111)<br>| (746218)<br>|
| Total Increase (Decrease) in Net Assets | 1103379 | 956229 | &nbsp;&nbsp; 97370 | 12348 |
| **Net Assets** |  |  |  |  |
| Beginning of Year | 5335224 | 4378995 | &nbsp;&nbsp; 3826787 | 3814439 |
| End of Year | $6438603 | $5335224 | &nbsp;&nbsp; $3924157 | $3826787 |

---

See accompanying Notes to Financial Statements.

1085

------

**THE DFA INVESTMENT TRUST COMPANY**

**FINANCIAL HIGHLIGHTS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **The DFA International Value Series** | **The DFA International Value Series** | **The DFA International Value Series** | **The DFA International Value Series** | **The DFA International Value Series** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Total Return  | 32.09% | 21.98% | 17.00% | (13.82%) | 51.09% |
| Net Assets, End of Year (thousands)  | $15630821 | $12469635 | $11441773 | $10527133 | $12297493 |
| Ratio of Expenses to Average Net Assets  | 0.21% | 0.22% | 0.21% | 0.21% | 0.22% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Paid <br> Indirectly) <br>| 0.21% | 0.22% | 0.21% | 0.21% | 0.22% |
| Ratio of Net Investment Income to Average Net Assets  | 3.75% | 3.83% | 4.34% | 4.36% | 3.50% |
| Portfolio Turnover Rate  | 13% | 13% | 13% | 15% | 9% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

1086

------

**THE DFA INVESTMENT TRUST COMPANY**

**FINANCIAL HIGHLIGHTS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **The Japanese Small Company Series** | **The Japanese Small Company Series** | **The Japanese Small Company Series** | **The Japanese Small Company Series** | **The Japanese Small Company Series** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Total Return  | 26.70% | 15.91% | 18.71% | (23.60%) | 13.08% |
| Net Assets, End of Year (thousands)  | $3328068 | $2971020 | $2821173 | $2520343 | $3416144 |
| Ratio of Expenses to Average Net Assets  | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Paid <br> Indirectly) <br>| 0.12% | 0.12% | 0.12% | 0.12% | 0.12% |
| Ratio of Net Investment Income to Average Net Assets  | 2.86% | 2.64% | 2.63% | 2.56% | 2.11% |
| Portfolio Turnover Rate  | 14% | 14% | 9% | 11% | 11% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

1087

------

**THE DFA INVESTMENT TRUST COMPANY**

**FINANCIAL HIGHLIGHTS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **The Asia Pacific Small Company Series** | **The Asia Pacific Small Company Series** | **The Asia Pacific Small Company Series** | **The Asia Pacific Small Company Series** | **The Asia Pacific Small Company Series** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Total Return  | 25.20% | 22.46% | 0.60% | (26.65%) | 38.31% |
| Net Assets, End of Year (thousands)  | $1628106 | $1373788 | $1202141 | $1194021 | $1822967 |
| Ratio of Expenses to Average Net Assets  | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Paid <br> Indirectly) <br>| 0.12% | 0.12% | 0.12% | 0.12% | 0.12% |
| Ratio of Net Investment Income to Average Net Assets  | 3.93% | 3.73% | 4.37% | 4.23% | 3.42% |
| Portfolio Turnover Rate  | 21% | 23% | 17% | 19% | 19% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

1088

------

**THE DFA INVESTMENT TRUST COMPANY**

**FINANCIAL HIGHLIGHTS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **The United Kingdom Small Company Series** | **The United Kingdom Small Company Series** | **The United Kingdom Small Company Series** | **The United Kingdom Small Company Series** | **The United Kingdom Small Company Series** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Total Return  | 13.63% | 32.13% | 9.20% | (33.34%) | 51.93% |
| Net Assets, End of Year (thousands)  | $1734535 | $1553226 | $1251913 | $1167847 | $1897276 |
| Ratio of Expenses to Average Net Assets  | 0.11% | 0.11% | 0.11% | 0.11% | 0.12% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Paid <br> Indirectly) <br>| 0.11% | 0.11% | 0.11% | 0.11% | 0.12% |
| Ratio of Net Investment Income to Average Net Assets  | 4.17% | 3.70% | 3.88% | 4.07% | 2.27% |
| Portfolio Turnover Rate  | 19% | 20% | 9% | 14% | 12% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

1089

------

**THE DFA INVESTMENT TRUST COMPANY**

**FINANCIAL HIGHLIGHTS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **The Continental Small Company Series** | **The Continental Small Company Series** | **The Continental Small Company Series** | **The Continental Small Company Series** | **The Continental Small Company Series** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Total Return  | 26.40% | 24.06% | 11.76% | (29.07%) | 51.24% |
| Net Assets, End of Year (thousands)  | $5878980 | $5752774 | $4641713 | $4346563 | $6539105 |
| Ratio of Expenses to Average Net Assets  | 0.12% | 0.12% | 0.12% | 0.13% | 0.12% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Paid <br> Indirectly) <br>| 0.12% | 0.12% | 0.12% | 0.13% | 0.12% |
| Ratio of Net Investment Income to Average Net Assets  | 3.06% | 3.10% | 3.14% | 2.85% | 2.11% |
| Portfolio Turnover Rate  | 10% | 16% | 11% | 11% | 17% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**THE DFA INVESTMENT TRUST COMPANY**

**FINANCIAL HIGHLIGHTS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **The Canadian Small Company Series** | **The Canadian Small Company Series** | **The Canadian Small Company Series** | **The Canadian Small Company Series** | **The Canadian Small Company Series** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Total Return  | 44.52% | 28.42% | 3.53% | (12.52%) | 59.72% |
| Net Assets, End of Year (thousands)  | $1906692 | $1386761 | $1177399 | $1215060 | $1451408 |
| Ratio of Expenses to Average Net Assets  | 0.11% | 0.11% | 0.11% | 0.11% | 0.12% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Paid <br> Indirectly) <br>| 0.11% | 0.11% | 0.11% | 0.11% | 0.12% |
| Ratio of Net Investment Income to Average Net Assets  | 2.36% | 2.52% | 2.47% | 3.00% | 1.90% |
| Portfolio Turnover Rate  | 17% | 18% | 17% | 15% | 27% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**THE DFA INVESTMENT TRUST COMPANY**

**FINANCIAL HIGHLIGHTS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **The Emerging Markets Series** | **The Emerging Markets Series** | **The Emerging Markets Series** | **The Emerging Markets Series** | **The Emerging Markets Series** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Total Return  | 28.06% | 23.68% | 13.27% | (25.79%) | 22.22% |
| Net Assets, End of Year (thousands)  | $6438603 | $5335224 | $4378995 | $3992428 | $6309330 |
| Ratio of Expenses to Average Net Assets  | 0.15% | 0.15% | 0.14% | 0.15% | 0.15% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Paid <br> Indirectly) <br>| 0.15% | 0.15% | 0.15% | 0.16% | 0.15% |
| Ratio of Net Investment Income to Average Net Assets  | 2.61% | 2.74% | 3.32% | 3.26% | 2.42% |
| Portfolio Turnover Rate  | 10% | 15% | 14% | 10% | 19% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**THE DFA INVESTMENT TRUST COMPANY**

**FINANCIAL HIGHLIGHTS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **The Emerging Markets Small Cap Series** | **The Emerging Markets Small Cap Series** | **The Emerging Markets Small Cap Series** | **The Emerging Markets Small Cap Series** | **The Emerging Markets Small Cap Series** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Total Return  | 16.78% | 20.85% | 15.47% | (22.31%) | 36.03% |
| Net Assets, End of Year (thousands)  | $3924157 | $3826787 | $3814439 | $3520919 | $5128719 |
| Ratio of Expenses to Average Net Assets  | 0.26% | 0.27% | 0.25% | 0.26% | 0.27% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Paid <br> Indirectly) <br>| 0.26% | 0.27% | 0.26% | 0.26% | 0.27% |
| Ratio of Net Investment Income to Average Net Assets  | 2.90% | 2.69% | 2.93% | 2.91% | 2.47% |
| Portfolio Turnover Rate  | 11% | 13% | 19% | 12% | 16% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

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**THE DFA INVESTMENT TRUST COMPANY**

**NOTES TO FINANCIAL STATEMENTS**

**A. Organization:** 

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"), The Trust consists of ten operational series, eight of which, The DFA International Value Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Canadian Small Company Series, The Emerging Markets Series and The Emerging Markets Small Cap Series are included in this section of the report (collectively, the "Series"). The remaining operational series are presented in separate reports. The Series are investment companies, and accordingly, follow the accounting and reporting guidance under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC"), Topic 946, "Financial Services-Investment Companies."

**B. Significant Accounting Policies:**

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Series use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

Securities held by the Series, including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note. Securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Series value the securities at the mean between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange ("NYSE"). These securities are generally categorized as Level 1 in the hierarchy. The investment in The DFA Short Term Investment Fund (the "Short Term Series"), which is an open-end management investment company available for purchase only by the Portfolios and affiliated funds, is categorized as Level 2 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Trustees of the Trust (the "Board"). Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP (the "Advisor")) occur before the net asset value of the Series is calculated. When

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fair value pricing is used, the prices of securities used by the Series may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

The Series will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time that the net asset values of the Series are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the Series price their shares at the close of the NYSE, the Series will fair-value their foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets' perceptions and trading activities on the Series' foreign investments since the last closing prices of the foreign investments were calculated on their primary foreign securities markets or exchanges. For these purposes, the Advisor has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the Series uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When a Series uses fair value pricing, the values assigned to the Series' foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy.

OTC derivative contracts, which include forward currency contracts, do not require material subjectivity as pricing inputs are observed from quoted markets and are categorized as Level 2 in the hierarchy.

A summary of the inputs used to value the Series' investments by each major security type, industry and/or country is disclosed previously in this note. Valuation hierarchy tables have been included at the end of the Schedules of Investments. The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2. Foreign Currency Translation: Securities and other assets and liabilities of the Series, whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Series enter into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement.

The Series do not isolate the effect of foreign currency rate fluctuations when determining the realized gain or loss upon the sale or maturity of foreign currency-denominated debt obligations pursuant to U.S. Federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for income tax reporting purposes.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates of securities transactions, and the difference between amounts of interest, dividends and any foreign withholding taxes recorded on the books of the Series and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Series, and advised by the Advisor: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core

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Equity 2 Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity 2 Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses.

The Trustees may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Trustee shall have the right in a notice of election (the "Notice") to defer the receipt of the Trustee's deferred compensation until a date specified by such Trustee in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board; and (ii) five years following the effective date of the Trustee's first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to be a member of the Board (unless the Trustee files an amended Notice selecting a different distribution date).

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities and that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimate the character of received distributions that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities, using the effective interest method. Expenses directly attributable to a Series are directly charged. Common expenses of the Trust or Series are allocated using methods approved by the Board, generally based on average net assets.

The Series may be subject to taxes imposed by countries in which they invest with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Series accrue such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. Additionally, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

The Emerging Markets Series and The Emerging Markets Small Cap Series are subject to tax on short-term and long-term capital gains for investments in India. Such taxes are accrued on a daily basis and due upon sale of individual securities.

**C. Investment Advisor:**

The Advisor provides investment management services to the Series. For the year ended October 31, 2025, investment management fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

---

| | |
|:---|:---|
| The DFA International Value Series | 0.20<br> %<br>|
| The Japanese Small Company Series | 0.10<br> %<br>|
| The Asia Pacific Small Company Series | 0.10<br> %<br>|
| The United Kingdom Small Company Series | 0.10<br> %<br>|
| The Continental Small Company Series | 0.10<br> %<br>|
| The Canadian Small Company Series | 0.10<br> %<br>|
| The Emerging Markets Series | 0.10<br> %<br>|
| The Emerging Markets Small Cap Series | 0.20<br> %<br>|

---

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**Fees Paid to Officers and Trustees:**

Certain Officers and Trustees of the Advisor are also Officers and Trustees of the Trust; however, such Officers and Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For the year ended October 31, 2025, the total related amounts paid by the Trust to the CCO were $47 (in thousands). The total related amounts paid by each of the Series are included in Other Expenses on the Statements of Operations.

**D. Deferred Compensation:** 

As of October 31, 2025, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statements of Assets and Liabilities as follows (amounts in thousands):

---

| | |
|:---|:---|
| The DFA International Value Series | &nbsp;&nbsp; $184 |
| The Japanese Small Company Series | &nbsp;&nbsp; 47 |
| The Asia Pacific Small Company Series | &nbsp;&nbsp; 22 |
| The United Kingdom Small Company Series | &nbsp;&nbsp; 29 |
| The Continental Small Company Series | &nbsp;&nbsp; 47 |
| The Canadian Small Company Series | &nbsp;&nbsp; 12 |
| The Emerging Markets Series | &nbsp;&nbsp; 74 |
| The Emerging Markets Small Cap Series | &nbsp;&nbsp; 63 |

---

**E. Purchases and Sales of Securities:** 

For the year ended October 31, 2025, the Series' transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:

---

| | | |
|:---|:---|:---|
|  | **Purchases**  | **Sales** |
| The DFA International Value Series | &nbsp;&nbsp; $1880239 | &nbsp;&nbsp; $1760523 |
| The Japanese Small Company Series | &nbsp;&nbsp; 437611 | &nbsp;&nbsp; 712375 |
| The Asia Pacific Small Company Series | &nbsp;&nbsp; 300854 | &nbsp;&nbsp; 289834 |
| The United Kingdom Small Company Series | &nbsp;&nbsp; 418329 | &nbsp;&nbsp; 301589 |
| The Continental Small Company Series | &nbsp;&nbsp; 557332 | &nbsp;&nbsp; 1476734 |
| The Canadian Small Company Series | &nbsp;&nbsp; 273657 | &nbsp;&nbsp; 252049 |
| The Emerging Markets Series | &nbsp;&nbsp; 572951 | &nbsp;&nbsp; 768450 |
| The Emerging Markets Small Cap Series | &nbsp;&nbsp; 397491 | &nbsp;&nbsp; 768591 |

---

There were no purchases or sales of long-term U.S. government securities.

For the year ended October 31, 2025, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

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The amounts presented below may differ from the respective amounts presented in the corresponding Schedule of Investments, Statement of Assets and Liabilities or Statement of Operations due to rounding. The amounts are as follows (amounts in thousands):

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **October 31, 2025**<br>| **Shares as of**<br> **October 31, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **The DFA International** <br> **Value Series**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $394864 | $4702612 | $4863485 | $9 | $(6)<br>| $233994 | 20229 | $11290 |  |
| **Total** | **$394864** | **$4702612** | **$4863485** | **$9** | **$(6)**<br>| **$233994** |  | **$11290** | **—** |
| **The Japanese Small** <br> **Company Series**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $41708 | $478769 | $480015 | $(2)<br>| $(2)<br>| $40458 | 3498 | $2330 |  |
| **Total** | **$41708** | **$478769** | **$480015** | **$(2)**<br>| **$(2)**<br>| **$40458** |  | **$2330** | **—** |
| **The Asia Pacific Small** <br> **Company Series**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $18337 | $181004 | $168736 | $2 |  | $30607 | 2646 | $828 |  |
| **Total** | **$18337** | **$181004** | **$168736** | **$2** | **—** | **$30607** |  | **$828** | **—** |
| **The United Kingdom** <br> **Small Company Series**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $11156 | $144277 | $131667 | $1 |  | $23767 | 2055 | $427 |  |
| **Total** | **$11156** | **$144277** | **$131667** | **$1** | **—** | **$23767** |  | **$427** | **—** |
| **The Continental Small** <br> **Company Series**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $240959 | $1621895 | $1567159 | $31 | $(4)<br>| $295722 | 25566 | $9510 |  |
| **Total** | **$240959** | **$1621895** | **$1567159** | **$31** | **$(4)**<br>| **$295722** |  | **$9510** | **—** |
| **The Canadian Small** <br> **Company Series**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $94298 | $384628 | $308204 | $10 | $1 | $170733 | 14760 | $3447 |  |
| **Total** | **$94298** | **$384628** | **$308204** | **$10** | **$1** | **$170733** |  | **$3447** | **—** |
| **The Emerging Markets** <br> **Series**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $56677 | $1403356 | $1386281 | $14 | $(1)<br>| $73765 | 6377 | $2503 |  |
| **Total** | **$56677** | **$1403356** | **$1386281** | **$14** | **$(1)**<br>| **$73765** |  | **$2503** | **—** |

---

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---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **October 31, 2025**<br>| **Shares as of**<br> **October 31, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **The Emerging Markets** <br> **Small Cap Series**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $26110 | $350822 | $307017 | $4 |  | $69919 | 6045 | $1324 |  |
| **Total** | **$26110** | **$350822** | **$307017** | **$4** | **—** | **$69919** |  | **$1324** | **—** |

---

**F. Federal Income Taxes:** 

No provision for federal income taxes is required since the Series are treated as partnerships for federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been "passed down" to their respective partners. Accordingly, as a pass-through entity, the Series pays no income dividends or capital gain distributions.

As of October 31, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| The DFA International Value Series | &nbsp;&nbsp; $9887456 | &nbsp;&nbsp; $5781269 | &nbsp;&nbsp; $(78129)<br>| &nbsp;&nbsp; $5703140 |
| The Japanese Small Company Series | &nbsp;&nbsp; 2368748 | &nbsp;&nbsp; 1019648 | &nbsp;&nbsp; (57785)<br>| &nbsp;&nbsp; 961863 |
| The Asia Pacific Small Company Series | &nbsp;&nbsp; 1373228 | &nbsp;&nbsp; 435281 | &nbsp;&nbsp; (154150)<br>| &nbsp;&nbsp; 281131 |
| The United Kingdom Small Company Series | &nbsp;&nbsp; 1426679 | &nbsp;&nbsp; 468182 | &nbsp;&nbsp; (153819)<br>| &nbsp;&nbsp; 314363 |
| The Continental Small Company Series | &nbsp;&nbsp; 3999449 | &nbsp;&nbsp; 2408227 | &nbsp;&nbsp; (297747)<br>| &nbsp;&nbsp; 2110480 |
| The Canadian Small Company Series | &nbsp;&nbsp; 1333473 | &nbsp;&nbsp; 796539 | &nbsp;&nbsp; (57839)<br>| &nbsp;&nbsp; 738700 |
| The Emerging Markets Series | &nbsp;&nbsp; 2981873 | &nbsp;&nbsp; 3630278 | &nbsp;&nbsp; (94620)<br>| &nbsp;&nbsp; 3535658 |
| The Emerging Markets Small Cap Series | &nbsp;&nbsp; 2506040 | &nbsp;&nbsp; 1651867 | &nbsp;&nbsp; (148779)<br>| &nbsp;&nbsp; 1503088 |

---

The difference between GAAP-basis and tax-basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in the tax treatment of passive foreign investment company investments or other investments.

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Series recognize the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Series' tax positions and has concluded that no additional provision for income tax is required in any Series' financial statements. The Series are not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Series' federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

1099

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**G. Financial Instruments:**

In accordance with the Series' investment objectives and policies, the Series may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. The Series' derivative contracts are not accounted for as hedging instruments under GAAP. These instruments and their significant corresponding risks are described below:

1. Foreign Market Risks: Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign governmental supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of international securities held by the Series may be inhibited.

Series that have significant exposure to certain countries, such as The United Kingdom Small Company Series that concentrates investments in the United Kingdom, can be expected to be impacted by the political and economic conditions within such countries. For example, there is continuing uncertainty around the future of the euro and the European Union (EU) following the United Kingdom's (UK) exit from the EU (referred to as "Brexit"). Brexit may cause greater market volatility and illiquidity, currency fluctuations, deterioration in economic activity, a decrease in business confidence, and increased likelihood of a recession in the UK. While it is not possible to determine the precise impact these events may have on the Series, the ultimate impact on the UK, EU countries, other countries or parties that transact with the UK and EU, and the broader global economy could be significant and could adversely affect the value and liquidity of the Series' investments.

**Derivative Financial Instruments:**

Summarized below are the specific types of derivative instruments used by the Series.

2. Futures Contracts: The Series listed below may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Series. Upon entering into a futures contract, a Series deposits cash or pledges U.S. Government securities to a broker in an amount equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss, which is presented in the Statements of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Series could lose more than the initial margin requirements. A Portfolio entering into stock index futures is subject to equity price risk from those futures contracts.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the year ended October 31, 2025 was as follows (amounts in thousands):

---

| | |
|:---|:---|
|  | **Futures\*** |
| The DFA International Value Series | &nbsp;&nbsp; $121965 |
| The Japanese Small Company Series | &nbsp;&nbsp; 272 |
| The Asia Pacific Small Company Series | &nbsp;&nbsp; 91 |
| The United Kingdom Small Company Series | &nbsp;&nbsp; 1895 |
| The Emerging Markets Series | &nbsp;&nbsp; 38797 |

---

1100

------

---

| | |
|:---|:---|
|  | **Futures\*** |
| The Emerging Markets Small Cap Series | &nbsp;&nbsp; $23864 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Average Notional Value of futures contracts.

The following is a summary of the Series' derivative instrument holdings categorized by primary risk exposure as of October 31, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Asset Derivatives Value**  | **Asset Derivatives Value**  |
|  | **Total Value**<br> **at**<br> **October 31, 2025** <br>| **Equity**<br> **Contracts** <sup>(1)</sup> <br>|
| The DFA International Value Series | &nbsp;&nbsp; $3057<br>| &nbsp;&nbsp; $3057 |
| The Emerging Markets Series | &nbsp;&nbsp; 1487<br>| &nbsp;&nbsp; 1487 |
| The Emerging Markets Small Cap Series | &nbsp;&nbsp; 993<br>| &nbsp;&nbsp; 993 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(1) Presented
 on Statements of Assets and Liabilities as Receivables: Futures Variation Margin.

The following is a summary of the realized and change in unrealized gains and losses from the Series' derivative instrument holdings categorized by primary risk exposure for the year ended October 31, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Realized Gain (Loss) on**<br> **Derivatives**  | **Realized Gain (Loss) on**<br> **Derivatives**  |
|  | **Total**  | **Equity**<br> **Contracts** <sup>(1)</sup> <br>|
| The DFA International Value Series | &nbsp;&nbsp; $15034 | &nbsp;&nbsp; $15034 |
| The Japanese Small Company Series | &nbsp;&nbsp; 155 | &nbsp;&nbsp; 155 |
| The Asia Pacific Small Company Series | &nbsp;&nbsp; (77)<br>| &nbsp;&nbsp; (77)<br>|
| The United Kingdom Small Company Series | &nbsp;&nbsp; (102)<br>| &nbsp;&nbsp; (102)<br>|
| The Continental Small Company Series | &nbsp;&nbsp; (2144)<br>| &nbsp;&nbsp; (2144)<br>|
| The Canadian Small Company Series | &nbsp;&nbsp; 172 | &nbsp;&nbsp; 172 |
| The Emerging Markets Series | &nbsp;&nbsp; 6380 | &nbsp;&nbsp; 6380 |
| The Emerging Markets Small Cap Series | &nbsp;&nbsp; 3600 | &nbsp;&nbsp; 3600 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  |
|  | **Total**  | **Equity**<br> **Contracts** <sup>(2)</sup> <br>|
| The DFA International Value Series | &nbsp;&nbsp; $3895 | &nbsp;&nbsp; $3895 |
| The Japanese Small Company Series | &nbsp;&nbsp; 90 | &nbsp;&nbsp; 90 |
| The Asia Pacific Small Company Series | &nbsp;&nbsp; 30 | &nbsp;&nbsp; 30 |
| The United Kingdom Small Company Series | &nbsp;&nbsp; 37 | &nbsp;&nbsp; 37 |
| The Emerging Markets Series | &nbsp;&nbsp; 1044 | &nbsp;&nbsp; 1044 |
| The Emerging Markets Small Cap Series | &nbsp;&nbsp; 936 | &nbsp;&nbsp; 936 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(1) Presented
 on Statements of Operations as Net Realized Gain (Loss) on: Futures.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Presented
 on Statements of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

1101

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**H. Line of Credit and Interfund Lending Program:**

The Trust, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

For the year ended October 31, 2025, borrowings by the following Series under the lines of credit were as follows (amounts in thousands, except percentages and days):

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Weighted**<br> **Average**<br> **Interest Rate**<br>| **Weighted**<br> **Average**<br> **Loan Balance**<br>| **Number of**<br> **Days**<br> **Outstanding\***<br>| **Interest**<br> **Expense**<br> **Incurred**<br>| **Maximum Amount**<br> **Borrowed During**<br> **the Period**<br>| **Outstanding**<br> **Borrowings**<br> **as of 10/31/2025**<br>|
| The Japanese Small <br> Company Series<br>| 5.12<br> %<br>| &nbsp;&nbsp; $1085 | &nbsp;&nbsp; 14 | &nbsp;&nbsp; $2 | &nbsp;&nbsp; $2908 | &nbsp;&nbsp; — |
| The Asia Pacific Small <br> Company Series<br>| 5.08<br> %<br>| &nbsp;&nbsp; 580 | &nbsp;&nbsp; 3 | &nbsp;&nbsp; — | &nbsp;&nbsp; 989 | &nbsp;&nbsp; — |
| The United Kingdom Small <br> Company Series<br>| 5.21<br> %<br>| &nbsp;&nbsp; 1744 | &nbsp;&nbsp; 8 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 3160 | &nbsp;&nbsp; — |
| The Continental Small <br> Company Series<br>| 5.17<br> %<br>| &nbsp;&nbsp; 7984 | &nbsp;&nbsp; 16 | &nbsp;&nbsp; 19 | &nbsp;&nbsp; 17754 | &nbsp;&nbsp; — |
| The Emerging Markets <br> Series<br>| 5.08<br> %<br>| &nbsp;&nbsp; 5848 | &nbsp;&nbsp; 4 | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 5848 | &nbsp;&nbsp; — |
| The Emerging Markets <br> Small Cap Series<br>| 5.08<br> %<br>| &nbsp;&nbsp; 772 | &nbsp;&nbsp; 4 | &nbsp;&nbsp; — | &nbsp;&nbsp; 863 | &nbsp;&nbsp; — |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2025, that the Series' available line of credit was used. 

Pursuant to an exemptive order issued by the SEC (the "Order"), the Series may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day's notice.

1102

------

For the year ended October 31, 2025, activity by the Series under the interfund lending program was as follows (amounts in thousands, except percentages and days):

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Borrower or**<br> **Lender**<br>| **Weighted**<br> **Average**<br> **Interest Rate**<br>| **Weighted**<br> **Average Loan**<br> **Balance**<br>| **Number of**<br> **Days**<br> **Outstanding\***<br>| **Interest**<br> **Expense/**<br> **Income**<br>| **Maximum Amount**<br> **Borrowed/Loaned**<br> **During the Period**<br>| **Outstanding**<br> **Borrowings**<br> **as of 10/31/2025**<br>|
| The <br> Continental <br> Small <br> Company <br> Series<br>| &nbsp;&nbsp; Borrower | 4.95<br> %<br>| &nbsp;&nbsp; $41556 | &nbsp;&nbsp; 15 | &nbsp;&nbsp; $86 | &nbsp;&nbsp; $58491 | &nbsp;&nbsp; — |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2025 that the Series utilized the interfund lending program. 

**I. Affiliated Trades:**

Cross trades for the year ended October 31, 2025, if any, were executed by the Series pursuant to procedures adopted by the Board to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Series complied with the Rule 17a-7 Procedures adopted by the Board.

For the year ended October 31, 2025, cross trades by the Series under Rule 17a-7 were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
| **Series** | **Purchases** | **Sales** | **Realized Gain (Loss)** |
| The DFA International Value Series | &nbsp;&nbsp; $188029 | &nbsp;&nbsp; $175689 | &nbsp;&nbsp; $(15362)<br>|
| The Japanese Small Company Series | &nbsp;&nbsp; 70929 | &nbsp;&nbsp; 69840 | &nbsp;&nbsp; 2685 |
| The Asia Pacific Small Company Series | &nbsp;&nbsp; 36440 | &nbsp;&nbsp; 71030 | &nbsp;&nbsp; (2187)<br>|
| The United Kingdom Small Company Series | &nbsp;&nbsp; 72842 | &nbsp;&nbsp; 40837 | &nbsp;&nbsp; (1498)<br>|
| The Continental Small Company Series | &nbsp;&nbsp; 63447 | &nbsp;&nbsp; 120116 | &nbsp;&nbsp; (11099)<br>|
| The Canadian Small Company Series | &nbsp;&nbsp; 51668 | &nbsp;&nbsp; 42329 | &nbsp;&nbsp; 4526 |
| The Emerging Markets Series | &nbsp;&nbsp; 3632 | &nbsp;&nbsp; 4136 | &nbsp;&nbsp; (1892)<br>|
| The Emerging Markets Small Cap Series | &nbsp;&nbsp; 1523 | &nbsp;&nbsp; 4324 | &nbsp;&nbsp; (3128)<br>|

---

**J. Securities Lending:** 

As of October 31, 2025, the Series had securities on loan to brokers/dealers, for which each such Series received cash collateral. The contractual maturity of cash collateral received under the securities lending agreement is classified as overnight and continuous. The Series also received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amounts in thousands):

---

| | |
|:---|:---|
|  | **Non-Cash**<br> **Collateral**<br> **Market**<br> **Value**<br>|
| The DFA International Value Series | &nbsp;&nbsp; $228901 |
| The Japanese Small Company Series | &nbsp;&nbsp; 248082 |
| The Asia Pacific Small Company Series | &nbsp;&nbsp; 181993 |
| The United Kingdom Small Company Series | &nbsp;&nbsp; 22148 |

---

1103

------

---

| | |
|:---|:---|
|  | **Non-Cash**<br> **Collateral**<br> **Market**<br> **Value**<br>|
| The Continental Small Company Series | &nbsp;&nbsp; $74312 |
| The Canadian Small Company Series | &nbsp;&nbsp; 39535 |
| The Emerging Markets Series | &nbsp;&nbsp; 276580 |
| The Emerging Markets Small Cap Series | &nbsp;&nbsp; 489450 |

---

Each Series invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Series' collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Series or, at the option of the lending agent, to replace the securities. In the event of the bankruptcy of the borrower, the Series could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

Subject to their stated investment policies, each Series will generally invest the cash collateral received for the loaned securities in The DFA Short Term Investment Fund (the "Short Term Series"), an affiliated registered ultrashort term bond fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Short Term Series. Income received from the Short Term Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. The Series also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, each Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

**K. Indemnitees; Contractual Obligations:**

Under the Trust's organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust.

In the normal course of business, the Trust enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Trust's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Trust and/or its affiliates that have not yet occurred. However, based on experience, the Trust expects the risk of loss to be remote.

**L. In-Kind Redemptions:**

During the year ended October 31, 2025, the realized net gains (losses) on in-kind redemptions as follows (amount in thousands):

---

| | |
|:---|:---|
| The DFA International Value Series  | &nbsp;&nbsp; $138875 |

---

1104

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**M. Segment Reporting:**

In this reporting period, the Series adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect the Series' financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Trust's Co-Chief Executive Officers and the Chief Financial Officer act as the Series' CODM. The Series represents a single operating segment, as the CODM monitors the operating results of the Series as a whole. The Series' long-term strategic asset allocation is executed by its portfolio management team and guided by the Series' investment objective and principal investment strategies, as described in the Series' registration statement. The financial information provided to and reviewed by the CODM is consistent with that presented in the Series' Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**N. New Accounting Pronouncement:**

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) – Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**O. Other:**

The Series and the Trust are subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Series and the Trust, individually or in aggregate, will not have a material adverse impact on the Series' and the Trust's financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

**P. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Series through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

1105

------

**Report of Independent Registered Public Accounting Firm**

To the Board of Trustees of The DFA Investment Trust Company and Shareholders of The DFA International Value Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Canadian Small Company Series, The Emerging Markets Series and The Emerging Markets Small Cap Series

***Opinions on the Financial Statements***

We have audited the accompanying statements of assets and liabilities, including the schedules of investments, of The DFA International Value Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Canadian Small Company Series, The Emerging Markets Series and The Emerging Markets Small Cap Series (eight of the series constituting The DFA Investment Trust Company, hereafter collectively referred to as the "Series") as of October 31, 2025, the related statements of operations for the year ended October 31, 2025, the statements of changes in net assets for each of the two years in the period ended October 31, 2025, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2025 (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Series as of October 31, 2025, the results of each of their operations for the year then ended, the changes in each of their net assets for each of the two years in the period ended October 31, 2025, and each of the financial highlights for each of the five years in the period ended October 31, 2025 in conformity with accounting principles generally accepted in the United States of America.

 ****

***Basis for Opinions***

These financial statements are the responsibility of the Series' management. Our responsibility is to express an opinion on the Series' financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Series in accordance with the relevant ethical requirements relating to our audit, which include standards of the American Institute of Certified Public Accountants (AICPA) Code of Professional Conduct, as well as U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission.

We conducted our audits of these financial statements in accordance with the auditing standards of the PCAOB and in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial

PricewaterhouseCoopers LLP, Two Commerce Square, Suite 1700, 2001 Market Street, Philadelphia, PA 19103-7042 T: (267) 330 3000, www.pwc.com/us

1106

------

![](logo_01.jpg)

statements. Our procedures included confirmation of securities owned as of October 31, 2025 by correspondence with the custodian, brokers and transfer agent of the investee fund; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.

/s/ PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania

December 19, 2025

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

1107

------

**Dimensional Emerging Markets Value Fund**

**SCHEDULE OF INVESTMENTS**

**October 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| COMMON STOCKS — (98.5%) | COMMON STOCKS — (98.5%) | COMMON STOCKS — (98.5%) | COMMON STOCKS — (98.5%) |
| BRAZIL — (2.2%) | BRAZIL — (2.2%) | BRAZIL — (2.2%) | BRAZIL — (2.2%) |
|  | Anima Holding SA | 1202900 | $789271 |
|  | Banco Bradesco SA <br> (BBDC3 BZ)<br>| 3438479 | 9887317 |
|  | Banco do Brasil SA | 4283373 | 17436197 |
|  | Banco Santander <br> Brasil SA<br>| 1246257 | 7213532 |
|  | Bemobi Mobile Tech <br> SA<br>| 63055 | 274843 |
| \* | Blau Farmaceutica <br> SA<br>| 52200 | 129822 |
|  | BrasilAgro - Co. <br> Brasileira de <br> Propriedades <br> Agricolas<br>| 199515 | 740957 |
| \* | Brava Energia | 175795 | 482298 |
|  | C&A Modas SA | 457849 | 1382921 |
| \* | Cia Brasileira de <br> Aluminio<br>| 609911 | 588377 |
|  | Cia Siderurgica <br> Nacional SA <br> (CSNA3 BZ)<br>| 2157837 | 3786277 |
| # | Cia Siderurgica <br> Nacional SA (SID <br> US), Sponsored <br> ADR<br>| 343097 | 603851 |
|  | Cogna Educacao SA | 8291039 | 5763713 |
|  | Cyrela Brazil Realty <br> SA <br> Empreendimentos e <br> Participacoes<br>| 1098651 | 6222343 |
|  | Dexco SA | 1538080 | 1532376 |
|  | Dimed SA <br> Distribuidora da <br> Medicamentos<br>| 96800 | 168952 |
|  | Embraer SA (EMBR3 <br> BZ)<br>| 359129 | 5806863 |
|  | Empreendimentos <br> Pague Menos SA<br>| 437298 | 317003 |
|  | Even Construtora e <br> Incorporadora SA<br>| 722456 | 1000436 |
|  | Fleury SA | 17142 | 46360 |
| # | Gerdau SA, <br> Sponsored ADR<br>| 3314077 | 11566128 |
|  | Grupo SBF SA | 328287 | 787774 |
|  | Guararapes <br> Confeccoes SA<br>| 378200 | 712119 |
| \*Ω | Hapvida Participacoes <br> e Investimentos SA<br>| 63200 | 367456 |
|  | Iochpe Maxion SA | 500754 | 1019202 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
| \* | IRB-Brasil Resseguros <br> SA<br>| 268902 | $2466121 |
| \* | Jalles Machado SA | 161838 | 82424 |
| \* | JBS NV, BDR | 392937 | 5221436 |
|  | JHSF Participacoes <br> SA<br>| 1503305 | 1841426 |
|  | JSL SA | 83710 | 84022 |
|  | Lavvi <br> Empreendimentos <br> Imobiliarios SA<br>| 126108 | 350434 |
|  | Lojas Quero-Quero <br> SA<br>| 540015 | 210789 |
| Ω | LWSA SA | 387200 | 281406 |
|  | M Dias Branco SA | 91614 | 499284 |
|  | Magazine Luiza SA | 430441 | 677671 |
|  | Melnick Even <br> Desenvolvimento <br> Imobiliario SA<br>| 15500 | 11323 |
|  | Moura Dubeux <br> Engenharia SA<br>| 184100 | 946173 |
|  | Movida Participacoes <br> SA<br>| 269553 | 410346 |
| \* | Natura Cosmeticos <br> SA<br>| 242000 | 405286 |
| \* | Oceanpact Servicos <br> Maritimos SA<br>| 3700 | 5220 |
|  | Petroleo Brasileiro SA <br> - Petrobras<br>| 10192349 | 59695893 |
|  | Petroleo Brasileiro SA <br> - Petrobras (PBR <br> US), Sponsored <br> ADR<br>| 1849041 | 21522837 |
|  | Petroleo Brasileiro SA <br> - Petrobras (PBRA <br> US), Sponsored <br> ADR<br>| 2874100 | 31758805 |
|  | Petroreconcavo SA | 439400 | 1014386 |
|  | Positivo Tecnologia <br> SA<br>| 4400 | 3361 |
| \* | PRIO SA | 707674 | 4739355 |
|  | Qualicorp Consultoria <br> e Corretora de <br> Seguros SA<br>| 424116 | 213637 |
|  | Romi SA | 233623 | 353478 |
|  | Sao Carlos <br> Empreendimentos e <br> Participacoes SA<br>| 27658 | 107600 |
|  | Sao Martinho SA | 176538 | 460709 |
| Ω | Ser Educacional SA | 177761 | 336361 |
|  | Simpar SA | 168818 | 144971 |
|  | Trisul SA | 325666 | 462474 |

---

1108

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Tupy SA | 286284 | $658779 |
|  | Ultrapar Participacoes <br> SA (UGPA3 BZ)<br>| 67827 | 269924 |
|  | Vale SA (VALE US), <br> Sponsored ADR<br>| 639337 | 7729584 |
|  | Vale SA (VALE3 BZ) | 4161137 | 50475530 |
|  | Valid Solucoes e <br> Servicos de <br> Seguranca em <br> Meios de <br> Pagamento e <br> Identificacao SA<br>| 206537 | 850341 |
|  | Vamos Locacao de <br> Caminhoes <br> Maquinas e <br> Equipamentos SA<br>| 232700 | 140140 |
|  | Vibra Energia SA | 2558502 | 11318385 |
|  | YDUQS Participacoes <br> SA<br>| 684093 | 1806887 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 286183186 |
| CHILE — (0.5%) | CHILE — (0.5%) | CHILE — (0.5%) | CHILE — (0.5%) |
|  | Banco de Credito e <br> Inversiones SA<br>| 38444 | 1972995 |
|  | Besalco SA | 530992 | 624142 |
|  | Bicecorp SA | 2846826 | 996706 |
|  | Camanchaca SA | 1334309 | 88898 |
| \* | CAP SA | 558310 | 3730783 |
|  | Cencosud SA | 2573220 | 7970324 |
|  | Cia Sud Americana de <br> Vapores SA<br>| 46849671 | 2328781 |
|  | Cristalerias de Chile <br> SA<br>| 264624 | 759375 |
|  | Empresa Nacional de <br> Telecomunicaciones <br> SA<br>| 714381 | 3402961 |
|  | Empresas CMPC SA | 4198444 | 6063254 |
|  | Empresas Copec SA | 1491993 | 10658176 |
| \* | Empresas Hites SA | 3049468 | 424701 |
|  | Enel Americas SA <br> (ENELAM CI)<br>| 20797620 | 1966234 |
|  | Falabella SA | 1568863 | 9879087 |
|  | Inversiones Aguas <br> Metropolitanas SA<br>| 2219249 | 2237914 |
| \* | Masisa SA | 8850036 | 150221 |
|  | PAZ Corp. SA | 1562812 | 1244325 |
|  | Ripley Corp. SA | 647087 | 314416 |
|  | Salfacorp SA | 2712464 | 2979234 |
|  | Sigdo Koppers SA | 187924 | 273397 |
|  | SMU SA | 3058733 | 497375 |
|  | Sociedad Matriz <br> SAAM SA<br>| 44103821 | 5839820 |
| \* | Socovesa SA | 3559512 | 587916 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHILE — (Continued) | CHILE — (Continued) | CHILE — (Continued) | CHILE — (Continued) |
|  | SONDA SA | 276164 | $100168 |
|  | Vina Concha y Toro <br> SA<br>| 581670 | 634249 |
| TOTAL CHILE | TOTAL CHILE |  | 65725452 |
| CHINA — (28.1%) | CHINA — (28.1%) | CHINA — (28.1%) | CHINA — (28.1%) |
|  | 360 Security <br> Technology, Inc., <br> Class A<br>| 678933 | 1142654 |
|  | 361 Degrees <br> International Ltd.<br>| 4912000 | 3715201 |
| Ω | 3SBio, Inc. | 2240500 | 8914166 |
|  | 5I5J Holding Group <br> Co. Ltd., Class A<br>| 778700 | 314267 |
|  | AAC Technologies <br> Holdings, Inc.<br>| 2490500 | 12802148 |
| \* | ADAMA Ltd., Class A | 191800 | 173238 |
| \* | Addsino Co. Ltd., <br> Class A<br>| 85900 | 101084 |
|  | Advanced Technology <br> & Materials Co. <br> Ltd., Class A<br>| 226600 | 676826 |
|  | AECC Aero-Engine <br> Control Co. Ltd., <br> Class A<br>| 244300 | 644617 |
|  | AECC Aviation Power <br> Co. Ltd., Class A<br>| 267307 | 1468620 |
|  | Agricultural Bank of <br> China Ltd., Class H<br>| 84233000 | 64259420 |
|  | Aisino Corp., Class A | 369067 | 431287 |
|  | Ajisen China Holdings <br> Ltd.<br>| 2433000 | 306604 |
| Ω | AK Medical Holdings <br> Ltd.<br>| 222000 | 167892 |
|  | Alibaba Group Holding <br> Ltd. (9988 HK)<br>| 20826700 | 443165856 |
| # | Alibaba Group Holding <br> Ltd. (BABA US), <br> Sponsored ADR<br>| 217044 | 36990809 |
|  | Allmed Medical <br> Products Co. Ltd., <br> Class A<br>| 111200 | 170265 |
|  | Aluminum Corp. of <br> China Ltd., Class H<br>| 11590000 | 14736895 |
|  | Amrita Global <br> Development Ltd.<br>| 744000 | 57448 |
|  | Andon Health Co. <br> Ltd., Class A<br>| 55200 | 314412 |
| \* | Angang Steel Co. <br> Ltd., Class H<br>| 369632 | 96509 |
| # | Anhui Conch Cement <br> Co. Ltd., Class H<br>| 3167000 | 9442293 |

---

1109

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Anhui Construction <br> Engineering Group <br> Co. Ltd., Class A<br>| 569100 | $379162 |
|  | Anhui Guangxin <br> Agrochemical Co. <br> Ltd., Class A<br>| 260482 | 429188 |
|  | Anhui Heli Co. Ltd., <br> Class A<br>| 203527 | 596109 |
|  | Anhui Hengyuan Coal <br> Industry & <br> Electricity Power <br> Co. Ltd., Class A<br>| 499340 | 502455 |
|  | Anhui Honglu Steel <br> Construction Group <br> Co. Ltd., Class A<br>| 156651 | 398707 |
|  | Anhui Huilong <br> Agricultural Means <br> of Production Co. <br> Ltd., Class A<br>| 87000 | 70510 |
|  | Anhui Jiangnan <br> Chemical Industry <br> Co. Ltd., Class A<br>| 910803 | 820990 |
|  | Anhui Jinhe Industrial <br> Co. Ltd., Class A<br>| 32900 | 92871 |
|  | Anhui Kouzi Distillery <br> Co. Ltd., Class A<br>| 139600 | 636029 |
|  | Anhui Sierte Fertilizer <br> Industry Ltd. Co., <br> Class A<br>| 81000 | 68440 |
|  | Anhui Transport <br> Consulting & <br> Design Institute Co. <br> Ltd., Class A<br>| 111080 | 133241 |
| \* | Anhui Truchum <br> Advanced Materials <br> & Technology Co. <br> Ltd., Class A<br>| 312200 | 585079 |
|  | Anhui Xinhua Media <br> Co. Ltd., Class A<br>| 304900 | 287122 |
|  | Anhui Zhongding <br> Sealing Parts Co. <br> Ltd., Class A<br>| 407804 | 1314215 |
|  | Anjoy Foods Group <br> Co. Ltd., Class A<br>| 60399 | 627301 |
| # | Anton Oilfield Services <br> Group<br>| 14338000 | 1939156 |
|  | Aotecar New Energy <br> Technology Group <br> Co. Ltd., Class A<br>| 689700 | 308506 |
|  | APT Satellite Holdings <br> Ltd.<br>| 154000 | 42057 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Arctech Solar Holding <br> Co. Ltd., Class A<br>| 24508 | $147587 |
| \* | Asia - Potash <br> International <br> Investment <br> Guangzhou Co. <br> Ltd., Class A<br>| 103577 | 607921 |
| \* | Asia Cement China <br> Holdings Corp.<br>| 2452000 | 804414 |
| #Ω | AsiaInfo Technologies <br> Ltd.<br>| 1082800 | 1257849 |
|  | Asymchem <br> Laboratories Tianjin <br> Co. Ltd., Class A<br>| 78900 | 1087799 |
|  | Autohome, Inc., ADR | 46713 | 1177168 |
|  | AviChina Industry & <br> Technology Co. <br> Ltd., Class H<br>| 11376000 | 5794874 |
| \*Ω | BAIC Motor Corp. <br> Ltd., Class H<br>| 7070500 | 1828289 |
| \* | Baidu, Inc. (9888 HK), <br> Class A<br>| 100000 | 1513623 |
| #\* | Baidu, Inc. (BIDU US), <br> Sponsored ADR<br>| 624224 | 75449955 |
| \*Ω | Bairong, Inc. | 598000 | 757176 |
|  | Baiyin Nonferrous <br> Group Co. Ltd., <br> Class A<br>| 1350400 | 1004574 |
|  | Bank of Beijing Co. <br> Ltd., Class A<br>| 4463822 | 3508470 |
|  | Bank of Changsha <br> Co. Ltd., Class A<br>| 1142900 | 1538060 |
|  | Bank of Chengdu Co. <br> Ltd., Class A<br>| 1372128 | 3243216 |
|  | Bank of China Ltd., <br> Class H<br>| 214895817 | 121683320 |
|  | Bank of Chongqing <br> Co. Ltd., Class H<br>| 2931500 | 3025369 |
|  | Bank of <br> Communications <br> Co. Ltd., Class H<br>| 27524574 | 24450081 |
|  | Bank of Guiyang Co. <br> Ltd., Class A<br>| 881151 | 753307 |
|  | Bank of Hangzhou <br> Co. Ltd., Class A<br>| 1852505 | 4088500 |
|  | Bank of Jiangsu Co. <br> Ltd., Class A<br>| 5223615 | 7921303 |
|  | Bank of Nanjing Co. <br> Ltd., Class A<br>| 3096531 | 4925325 |
|  | Bank of Ningbo Co. <br> Ltd., Class A<br>| 1763381 | 7028714 |
| Ω | Bank of Qingdao Co. <br> Ltd., Class H<br>| 162500 | 89840 |

---

1110

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Bank of Shanghai Co. <br> Ltd., Class A<br>| 3446447 | $4599980 |
|  | Bank of Suzhou Co. <br> Ltd., Class A<br>| 1125708 | 1308690 |
|  | Bank of Xi'an Co. Ltd., <br> Class A<br>| 705600 | 385743 |
|  | Baoshan Iron & Steel <br> Co. Ltd., Class A<br>| 5102177 | 5288130 |
|  | Baoxiniao Holding Co. <br> Ltd., Class A<br>| 377300 | 208399 |
|  | Baoye Group Co. Ltd., <br> Class H<br>| 1119120 | 598893 |
|  | BBMG Corp., Class H | 9211000 | 971676 |
|  | BBMG Jidong Cement <br> Group Co. Ltd., <br> Class A<br>| 285244 | 193246 |
|  | Befar Group Co. Ltd., <br> Class A<br>| 628200 | 381548 |
|  | Beibuwan Port Co. <br> Ltd., Class A<br>| 443467 | 546115 |
|  | Beijing Capital <br> Eco-Environment <br> Protection Group <br> Co. Ltd., Class A<br>| 2381479 | 1067970 |
| #\* | Beijing Capital <br> International Airport <br> Co. Ltd., Class H<br>| 3686000 | 1322994 |
|  | Beijing Changjiu <br> Logistics Corp., <br> Class A<br>| 78283 | 90674 |
|  | Beijing Dabeinong <br> Technology Group <br> Co. Ltd., Class A<br>| 909700 | 526539 |
|  | Beijing Easpring <br> Material Technology <br> Co. Ltd., Class A<br>| 85121 | 825916 |
|  | Beijing Energy <br> International <br> Holding Co. Ltd.<br>| 418200 | 66167 |
|  | Beijing Enterprises <br> Holdings Ltd.<br>| 2035500 | 8931523 |
| # | Beijing Enterprises <br> Water Group Ltd.<br>| 16254000 | 5224197 |
|  | Beijing Fengjing <br> Automotive Parts <br> Co. Ltd.<br>| 285500 | 153414 |
|  | Beijing Gehua CATV <br> Network Co. Ltd., <br> Class A<br>| 429900 | 486163 |
|  | Beijing GeoEnviron <br> Engineering & <br> Technology, Inc., <br> Class A<br>| 486128 | 515579 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Beijing Haohua <br> Energy Resource <br> Co. Ltd., Class A<br>| 376064 | $408072 |
|  | Beijing Jetsen <br> Technology Co. <br> Ltd., Class A<br>| 832100 | 775308 |
|  | Beijing New Building <br> Materials PLC, <br> Class A<br>| 358310 | 1197279 |
|  | Beijing Originwater <br> Technology Co. <br> Ltd., Class A<br>| 753163 | 461731 |
|  | Beijing Sanlian Hope <br> Shin-Gosen <br> Technical Service <br> Co. Ltd., Class A<br>| 68500 | 160059 |
|  | Beijing Sanyuan <br> Foods Co. Ltd., <br> Class A<br>| 358600 | 244088 |
|  | Beijing Shougang Co. <br> Ltd., Class A<br>| 1336666 | 789421 |
|  | Beijing Shunxin <br> Agriculture Co. Ltd., <br> Class A<br>| 144922 | 319267 |
|  | Beijing Sinnet <br> Technology Co. <br> Ltd., Class A<br>| 377128 | 722900 |
|  | Beijing SL <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 228200 | 242031 |
| \* | Beijing SPC <br> Environment <br> Protection Tech Co. <br> Ltd., Class A<br>| 371935 | 209140 |
|  | Beijing Strong <br> Biotechnologies, <br> Inc., Class A<br>| 130700 | 251016 |
| # | Beijing Tong Ren Tang <br> Chinese Medicine <br> Co. Ltd.<br>| 297000 | 329667 |
| Ω | Beijing Urban <br> Construction Design <br> & Development <br> Group Co. Ltd., <br> Class H<br>| 476000 | 88104 |
|  | Beijing Yanjing <br> Brewery Co. Ltd., <br> Class A<br>| 556129 | 919107 |
|  | Beijing Zhong Ke San <br> Huan High-Tech Co. <br> Ltd., Class A<br>| 107402 | 210072 |

---

1111

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Beijing-Shanghai High <br> Speed Railway Co. <br> Ltd., Class A<br>| 6614356 | $4823287 |
| \* | Beiqi Foton Motor Co. <br> Ltd., Class A<br>| 1943402 | 819872 |
| \* | Bengang Steel Plates <br> Co. Ltd., Class A<br>| 40600 | 20374 |
|  | Best Pacific <br> International <br> Holdings Ltd.<br>| 396000 | 166952 |
|  | Bestore Co. Ltd., <br> Class A<br>| 36900 | 64287 |
| \* | Better Life <br> Commercial Chain <br> Share Co. Ltd., <br> Class A<br>| 56100 | 41401 |
| \* | BGI Genomics Co. <br> Ltd., Class A<br>| 15100 | 104303 |
|  | Biem.L.Fdlkk Garment <br> Co. Ltd., Class A<br>| 95200 | 213900 |
|  | Black Peony Group <br> Co. Ltd., Class A<br>| 123400 | 148370 |
| \* | Blue Sail Medical Co. <br> Ltd., Class A<br>| 264800 | 204640 |
|  | Bluestar Adisseo Co., <br> Class A<br>| 234900 | 310633 |
| Ω | BOC Aviation Ltd. | 578800 | 5073581 |
| \* | BOE HC SemiTek <br> Corp.<br>| 253700 | 284045 |
|  | BOE Technology <br> Group Co. Ltd., <br> Class A<br>| 9480826 | 5411850 |
| # | BOE Varitronix Ltd. | 1101000 | 705330 |
| \* | Bohai Leasing Co. <br> Ltd., Class A<br>| 2050400 | 1030105 |
| \* | Bomin Electronics Co. <br> Ltd., Class A<br>| 73400 | 122430 |
| # | Boyaa Interactive <br> International Ltd.<br>| 123000 | 84410 |
|  | Bright Dairy & Food <br> Co. Ltd., Class A<br>| 425905 | 500523 |
| # | Brilliance China <br> Automotive <br> Holdings Ltd.<br>| 16650000 | 8192369 |
|  | Bros Eastern Co. Ltd., <br> Class A<br>| 361300 | 271331 |
| \* | B-Soft Co. Ltd., <br> Class A<br>| 298340 | 199280 |
|  | BTG Hotels Group <br> Co. Ltd., Class A<br>| 312913 | 639151 |
| \* | Business-intelligence <br> of Oriental Nations <br> Corp. Ltd., Class A<br>| 154900 | 229987 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | BYD Electronic <br> International Co. <br> Ltd.<br>| 224500 | $1053943 |
|  | By-health Co. Ltd., <br> Class A<br>| 297900 | 525440 |
| \* | C C Land Holdings <br> Ltd.<br>| 12528429 | 1918320 |
| # | C&D International <br> Investment Group <br> Ltd.<br>| 2490261 | 5114877 |
|  | C&S Paper Co. Ltd., <br> Class A<br>| 333000 | 372958 |
|  | Caitong Securities Co. <br> Ltd., Class A<br>| 881110 | 1065343 |
| \*Ω | CALB Group Co. Ltd., <br> Class H<br>| 29800 | 128450 |
|  | Camel Group Co. Ltd., <br> Class A<br>| 362820 | 520325 |
|  | Cangzhou Mingzhu <br> Plastic Co. Ltd., <br> Class A<br>| 540301 | 354162 |
|  | Canmax Technologies <br> Co. Ltd., Class A<br>| 161716 | 690974 |
|  | Canny Elevator Co. <br> Ltd., Class A<br>| 197400 | 203672 |
|  | CCCC Design & <br> Consulting Group <br> Co. Ltd., Class A<br>| 416800 | 449205 |
|  | CCS Supply Chain <br> Management Co. <br> Ltd., Class A<br>| 229000 | 153627 |
| \*†† | CECEP COSTIN New <br> Materials Group <br> Ltd.<br>| 132000 | 0 |
|  | CECEP Solar Energy <br> Co. Ltd., Class A<br>| 1193500 | 781795 |
|  | CECEP Wind-Power <br> Corp., Class A<br>| 1965670 | 853902 |
|  | Central China Land <br> Media Co. Ltd., <br> Class A<br>| 402900 | 684816 |
| \*†† | Central China <br> Management Co. <br> Ltd.<br>| 7334350 | 18877 |
|  | CGN New Energy <br> Holdings Co. Ltd.<br>| 6484000 | 2294730 |
| \* | CGN Nuclear <br> Technology <br> Development Co. <br> Ltd., Class A<br>| 100400 | 114177 |

---

1112

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Changchun Faway <br> Automobile <br> Components Co. <br> Ltd., Class A<br>| 207620 | $274916 |
|  | Changchun High-Tech <br> Industry Group Co. <br> Ltd., Class A<br>| 80900 | 1277028 |
|  | Changhong Meiling <br> Co. Ltd., Class A<br>| 159500 | 155868 |
|  | Changjiang & <br> Jinggong Steel <br> Building Group Co. <br> Ltd., Class A<br>| 474800 | 284272 |
|  | Changjiang Publishing <br> & Media Co. Ltd., <br> Class A<br>| 275200 | 338776 |
|  | Changjiang Securities <br> Co. Ltd., Class A<br>| 1076490 | 1334983 |
|  | Chaoju Eye Care <br> Holdings Ltd.<br>| 61500 | 20105 |
|  | Chaowei Power <br> Holdings Ltd.<br>| 2400000 | 448153 |
| Ω | Cheerwin Group Ltd. | 533500 | 154948 |
|  | Chengdu B-Ray <br> Media Co. Ltd., <br> Class A<br>| 337800 | 238551 |
|  | Chengdu Fusen <br> Noble-House <br> Industrial Co. Ltd., <br> Class A<br>| 108800 | 173660 |
|  | Chengdu Hongqi <br> Chain Co. Ltd., <br> Class A<br>| 430110 | 332644 |
|  | Chengdu Wintrue <br> Holding Co. Ltd., <br> Class A<br>| 373000 | 547329 |
|  | Chenguang Biotech <br> Group Co. Ltd., <br> Class A<br>| 60100 | 112958 |
|  | Chengzhi Co. Ltd., <br> Class A<br>| 345111 | 371519 |
| # | Chervon Holdings <br> Ltd.<br>| 278900 | 723690 |
| \* | China Aerospace <br> International <br> Holdings Ltd.<br>| 1164000 | 85264 |
|  | China Aircraft Leasing <br> Group Holdings <br> Ltd.<br>| 5826 | 3341 |
|  | China Animal <br> Husbandry Industry <br> Co. Ltd., Class A<br>| 255800 | 276337 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China BlueChemical <br> Ltd., Class H<br>| 7524878 | $2325305 |
| \*Ω | China Bohai Bank Co. <br> Ltd., Class H<br>| 1685000 | 221062 |
|  | China CAMC <br> Engineering Co. <br> Ltd., Class A<br>| 266600 | 319051 |
|  | China Chunlai <br> Education Group <br> Co. Ltd.<br>| 34000 | 19072 |
|  | China CITIC Bank <br> Corp. Ltd., Class H<br>| 26394112 | 25182776 |
| # | China Coal Energy <br> Co. Ltd., Class H<br>| 10409000 | 14662573 |
|  | China Coal Xinji <br> Energy Co. Ltd., <br> Class A<br>| 615300 | 626247 |
| \*†† | China Common Rich <br> Renewable Energy <br> Investments Ltd.<br>| 14642000 | 0 |
|  | China <br> Communications <br> Services Corp. Ltd., <br> Class H<br>| 9873071 | 5917063 |
| \* | China Conch <br> Environment <br> Protection Holdings <br> Ltd.<br>| 1265000 | 94139 |
|  | China Conch Venture <br> Holdings Ltd.<br>| 1867500 | 2335003 |
|  | China Construction <br> Bank Corp., <br> Class H<br>| 304380101 | 301348737 |
|  | China CYTS Tours <br> Holding Co. Ltd., <br> Class A<br>| 193700 | 264108 |
|  | China Design Group <br> Co. Ltd., Class A<br>| 123100 | 135166 |
| #Ω | China Development <br> Bank Financial <br> Leasing Co. Ltd., <br> Class H<br>| 4658000 | 1023799 |
| # | China Education <br> Group Holdings <br> Ltd.<br>| 626709 | 240477 |
|  | China Electronics <br> Huada Technology <br> Co. Ltd.<br>| 350000 | 66576 |
| # | China Energy <br> Engineering Corp. <br> Ltd. (3996 HK), <br> Class H<br>| 4398000 | 656087 |

---

1113

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Energy <br> Engineering Corp. <br> Ltd. (601868 C1), <br> Class A<br>| 6490514 | $2198901 |
|  | China Everbright Bank <br> Co. Ltd., Class H<br>| 8476000 | 3477255 |
| Ω | China Feihe Ltd. | 11239000 | 5998382 |
|  | China Film Group Co. <br> Ltd., Class A<br>| 49100 | 100494 |
| \* | China First Heavy <br> Industries Co. Ltd., <br> Class A<br>| 510700 | 231153 |
|  | China Foods Ltd. | 2876000 | 1535206 |
|  | China Galaxy <br> Securities Co. Ltd., <br> Class H<br>| 5073000 | 7298033 |
| # | China Gas Holdings <br> Ltd.<br>| 10186131 | 10476900 |
|  | China Gold <br> International <br> Resources Corp. <br> Ltd. (2099 HK)<br>| 390800 | 6578313 |
|  | China Great Wall <br> Securities Co. Ltd., <br> Class A<br>| 427300 | 664368 |
|  | China Green <br> Electricity <br> Investment of <br> Tianjin Co. Ltd., <br> Class A<br>| 451200 | 552309 |
|  | China Hainan Rubber <br> Industry Group Co. <br> Ltd., Class A<br>| 396900 | 314980 |
|  | China Haisum <br> Engineering Co. <br> Ltd., Class A<br>| 59700 | 88396 |
|  | China Hanking <br> Holdings Ltd.<br>| 589000 | 329415 |
| \* | China Harmony Auto <br> Holding Ltd.<br>| 131000 | 21098 |
|  | China Hongqiao <br> Group Ltd.<br>| 9504000 | 36084725 |
| #†† | China Huiyuan Juice <br> Group Ltd.<br>| 4182433 | 188707 |
| # | China International <br> Marine Containers <br> Group Co. Ltd., <br> Class H<br>| 4168220 | 3809933 |
| # | China Jinmao <br> Holdings Group <br> Ltd.<br>| 3102902 | 536225 |
|  | China Jushi Co. Ltd., <br> Class A<br>| 1274241 | 2935631 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Kepei <br> Education Group <br> Ltd.<br>| 1432000 | $267621 |
|  | China Lesso Group <br> Holdings Ltd.<br>| 3731000 | 2135044 |
|  | China Lilang Ltd. | 1753000 | 759774 |
| #\*Ω | China Literature Ltd. | 1224800 | 6598237 |
| \* | China Longevity <br> Group Co. Ltd.<br>| 1152649 | 1483 |
| # | China Medical System <br> Holdings Ltd.<br>| 4308000 | 7429618 |
|  | China Meheco Group <br> Co. Ltd., Class A<br>| 425320 | 673906 |
| # | China Meidong Auto <br> Holdings Ltd.<br>| 2032000 | 462241 |
|  | China Mengniu Dairy <br> Co. Ltd.<br>| 10415000 | 18952706 |
|  | China Merchants <br> Bank Co. Ltd., <br> Class H<br>| 8431500 | 52853130 |
|  | China Merchants <br> Energy Shipping <br> Co. Ltd., Class A<br>| 1708900 | 2219720 |
|  | China Merchants <br> Expressway <br> Network & <br> Technology <br> Holdings Co. Ltd., <br> Class A<br>| 507200 | 731637 |
|  | China Merchants Port <br> Holdings Co. Ltd.<br>| 4878291 | 9448066 |
|  | China Merchants <br> Property Operation <br> & Service Co. Ltd., <br> Class A<br>| 255600 | 411824 |
|  | China Merchants <br> Shekou Industrial <br> Zone Holdings Co. <br> Ltd., Class A<br>| 737310 | 979264 |
| #\*†† | China Metal Recycling <br> Holdings Ltd.<br>| 3259800 | 0 |
|  | China Minsheng <br> Banking Corp. Ltd., <br> Class H<br>| 17041400 | 8730551 |
| # | China Modern Dairy <br> Holdings Ltd.<br>| 4413000 | 687635 |
|  | China National Accord <br> Medicines Corp. <br> Ltd., Class A<br>| 126407 | 451697 |
|  | China National <br> Building Material <br> Co. Ltd., Class H<br>| 10015888 | 7097836 |

---

1114

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China National <br> Chemical <br> Engineering Co. <br> Ltd., Class A<br>| 1363900 | $1482181 |
|  | China National Gold <br> Group Gold <br> Jewellery Co. Ltd., <br> Class A<br>| 240000 | 278532 |
|  | China National <br> Medicines Corp. <br> Ltd., Class A<br>| 190900 | 799535 |
|  | China National <br> Nuclear Power Co. <br> Ltd., Class A<br>| 2594543 | 3275062 |
| \*Ω | China New Higher <br> Education Group <br> Ltd.<br>| 3209590 | 508054 |
|  | China Nonferrous <br> Metal Industry's <br> Foreign Engineering <br> & Construction Co. <br> Ltd., Class A<br>| 287200 | 269399 |
| # | China Nonferrous <br> Mining Corp. Ltd.<br>| 3896000 | 7185956 |
| \* | China Oil & Gas <br> Group Ltd.<br>| 18080000 | 405540 |
|  | China Oilfield Services <br> Ltd., Class H<br>| 6418000 | 6265581 |
| # | China Overseas <br> Grand Oceans <br> Group Ltd.<br>| 6987742 | 1952375 |
|  | China Overseas Land <br> & Investment Ltd.<br>| 9825000 | 16488254 |
|  | China Pacific <br> Insurance Group <br> Co. Ltd., Class H<br>| 6488000 | 26302682 |
|  | China Petroleum & <br> Chemical Corp., <br> Class H<br>| 84531575 | 44962698 |
|  | China Petroleum <br> Engineering Corp., <br> Class A<br>| 369500 | 185020 |
| \*†† | China Properties <br> Investment Holdings <br> Ltd.<br>| 3380000 | 0 |
|  | China Publishing & <br> Media Co. Ltd., <br> Class A<br>| 490200 | 472079 |
|  | China Railway Group <br> Ltd., Class H<br>| 10886000 | 5522232 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Railway Hi-tech <br> Industry Co. Ltd., <br> Class A<br>| 553800 | $654500 |
|  | China Railway <br> Materials Co. Ltd., <br> Class A<br>| 1195200 | 450138 |
| #Ω | China Railway Signal <br> & Communication <br> Corp. Ltd., Class H<br>| 5703000 | 2502313 |
|  | China Railway Tielong <br> Container Logistics <br> Co. Ltd., Class A<br>| 303900 | 276015 |
|  | China Reinsurance <br> Group Corp., <br> Class H<br>| 8258000 | 1677086 |
|  | China Resources Beer <br> Holdings Co. Ltd.<br>| 294000 | 1005635 |
|  | China Resources <br> Boya <br> Bio-pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 104300 | 370280 |
|  | China Resources <br> Building Materials <br> Technology <br> Holdings Ltd.<br>| 9124000 | 1984251 |
|  | China Resources <br> Double Crane <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 347381 | 940222 |
|  | China Resources Gas <br> Group Ltd.<br>| 2887000 | 7938734 |
|  | China Resources <br> Land Ltd.<br>| 11585000 | 41855874 |
| # | China Resources <br> Medical Holdings <br> Co. Ltd.<br>| 3452500 | 1500112 |
| #Ω | China Resources <br> Pharmaceutical <br> Group Ltd.<br>| 7553500 | 4840621 |
|  | China Resources <br> Sanjiu Medical & <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 293300 | 1188960 |
| # | China Risun Group <br> Ltd.<br>| 3584000 | 1078774 |
| \* | China Sanjiang Fine <br> Chemicals Co. Ltd.<br>| 2855000 | 902640 |
| # | China Shenhua <br> Energy Co. Ltd., <br> Class H<br>| 9267500 | 48257561 |

---

1115

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China Shineway <br> Pharmaceutical <br> Group Ltd.<br>| 1660000 | $1793088 |
|  | China South <br> Publishing & Media <br> Group Co. Ltd., <br> Class A<br>| 602000 | 1024020 |
|  | China Starch Holdings <br> Ltd.<br>| 10090000 | 247593 |
|  | China State <br> Construction <br> Engineering Corp. <br> Ltd., Class A<br>| 12284706 | 9377411 |
|  | China State <br> Construction <br> International <br> Holdings Ltd.<br>| 934000 | 1062481 |
| # | China Sunshine Paper <br> Holdings Co. Ltd.<br>| 2083000 | 450029 |
|  | China Taiping <br> Insurance Holdings <br> Co. Ltd.<br>| 5814200 | 13225361 |
|  | China Tianying, Inc., <br> Class A<br>| 819900 | 676366 |
| #Ω | China Tourism Group <br> Duty Free Corp. <br> Ltd. (1880 HK), <br> Class H<br>| 104200 | 895422 |
| Ω | China Tower Corp. <br> Ltd., Class H<br>| 17940300 | 25917392 |
|  | China Traditional <br> Chinese Medicine <br> Holdings Co. Ltd.<br>| 12318000 | 3710721 |
| \* | China TransInfo <br> Technology Co. <br> Ltd., Class A<br>| 218682 | 342025 |
| #\* | China Travel <br> International <br> Investment Hong <br> Kong Ltd.<br>| 7467631 | 1651466 |
|  | China Tungsten & <br> Hightech Materials <br> Co. Ltd., Class A<br>| 150452 | 495431 |
| \* | China Union Holdings <br> Ltd., Class A<br>| 386700 | 222684 |
|  | China Vered Financial <br> Holding Corp. Ltd.<br>| 185000 | 26359 |
|  | China West <br> Construction Group <br> Co. Ltd., Class A<br>| 394200 | 365833 |
|  | China XD Electric Co. <br> Ltd., Class A<br>| 713500 | 799837 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | China XLX Fertiliser <br> Ltd.<br>| 2216000 | $2090951 |
|  | China Yongda <br> Automobiles <br> Services Holdings <br> Ltd.<br>| 4216500 | 925849 |
| #\*Ω | China Youran Dairy <br> Group Ltd.<br>| 3708000 | 1549081 |
| \*Ω | China Yuhua <br> Education Corp. <br> Ltd.<br>| 470000 | 33786 |
|  | China Zhenhua Group <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 111500 | 790336 |
|  | China Zheshang Bank <br> Co. Ltd., Class H<br>| 4591800 | 1495843 |
|  | China-Singapore <br> Suzhou Industrial <br> Park Development <br> Group Co. Ltd., <br> Class A<br>| 96800 | 126103 |
|  | Chinasoft International <br> Ltd.<br>| 8516000 | 6375056 |
|  | Chinese Universe <br> Publishing & Media <br> Group Co. Ltd., <br> Class A<br>| 270408 | 394541 |
|  | Chongqing Changan <br> Automobile Co. <br> Ltd., Class A<br>| 1691009 | 2945598 |
|  | Chongqing <br> Department Store <br> Co. Ltd., Class A<br>| 125084 | 480667 |
|  | Chongqing Fuling <br> Zhacai Group Co. <br> Ltd., Class A<br>| 193800 | 357505 |
|  | Chongqing Gas Group <br> Corp. Ltd., Class A<br>| 204000 | 168086 |
|  | Chongqing Machinery <br> & Electric Co. Ltd., <br> Class H<br>| 1716000 | 408220 |
|  | Chongqing Port Co. <br> Ltd., Class A<br>| 255300 | 194738 |
|  | Chongqing Road & <br> Bridge Co. Ltd., <br> Class A<br>| 188200 | 179131 |
|  | Chongqing Rural <br> Commercial Bank <br> Co. Ltd., Class H<br>| 11151000 | 9170496 |

---

1116

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Chongqing Sanfeng <br> Environment Group <br> Corp. Ltd., Class A<br>| 543700 | $645648 |
|  | Chongqing Zhifei <br> Biological Products <br> Co. Ltd., Class A<br>| 232100 | 671600 |
|  | Chow Tai Seng <br> Jewellery Co. Ltd., <br> Class A<br>| 253200 | 492569 |
|  | CIMC Enric Holdings <br> Ltd.<br>| 2746000 | 2652170 |
|  | Cisen Pharmaceutical <br> Co. Ltd., Class A<br>| 161500 | 481324 |
|  | CITIC Ltd. | 13626483 | 21061502 |
|  | CITIC Resources <br> Holdings Ltd.<br>| 10062000 | 536601 |
|  | CITIC Securities Co. <br> Ltd., Class H<br>| 90825 | 345779 |
|  | City Development <br> Environment Co. <br> Ltd., Class A<br>| 180900 | 379851 |
|  | CMOC Group Ltd., <br> Class H<br>| 2919000 | 6319510 |
|  | CMST Development <br> Co. Ltd., Class A<br>| 655800 | 548472 |
|  | CNGR Advanced <br> Material Co. Ltd., <br> Class A<br>| 187040 | 1210324 |
|  | CNOOC Energy <br> Technology & <br> Services Ltd., <br> Class A<br>| 2122901 | 1164410 |
|  | CNSIG Inner Mongolia <br> Chemical Industry <br> Co. Ltd., Class A<br>| 468177 | 522029 |
| \* | COFCO <br> Biotechnology Co. <br> Ltd., Class A<br>| 453000 | 377752 |
|  | COFCO Capital <br> Holdings Co. Ltd., <br> Class A<br>| 162200 | 289635 |
| #\* | COFCO Joycome <br> Foods Ltd.<br>| 5220000 | 1113578 |
|  | COFCO Sugar <br> Holding Co. Ltd., <br> Class A<br>| 495900 | 1090129 |
|  | Cofoe Medical <br> Technology Co. <br> Ltd., Class A<br>| 40300 | 247439 |
|  | Concord New Energy <br> Group Ltd.<br>| 30720000 | 1522450 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Consun <br> Pharmaceutical <br> Group Ltd.<br>| 1585000 | $3065917 |
| # | COSCO SHIPPING <br> Development Co. <br> Ltd., Class H<br>| 13934000 | 2078587 |
| # | COSCO SHIPPING <br> Energy <br> Transportation Co. <br> Ltd., Class H<br>| 4010000 | 5669482 |
| # | COSCO SHIPPING <br> Holdings Co. Ltd., <br> Class H<br>| 13958500 | 24207264 |
|  | COSCO SHIPPING <br> International Hong <br> Kong Co. Ltd.<br>| 2772000 | 2137429 |
|  | COSCO SHIPPING <br> Ports Ltd.<br>| 4714878 | 3475859 |
|  | COSCO SHIPPING <br> Specialized Carriers <br> Co. Ltd., Class A<br>| 659500 | 674615 |
|  | CQ Pharmaceutical <br> Holding Co. Ltd., <br> Class A<br>| 374900 | 283004 |
|  | CRRC Corp. Ltd., <br> Class H<br>| 3275000 | 2485123 |
|  | CSG Holding Co. Ltd., <br> Class A<br>| 632849 | 423192 |
|  | CSPC Pharmaceutical <br> Group Ltd.<br>| 20258000 | 19953974 |
|  | CSSC Hong Kong <br> Shipping Co. Ltd.<br>| 3814000 | 1020046 |
|  | CSSC Science & <br> Technology Co. <br> Ltd., Class A<br>| 217600 | 366370 |
|  | CTS International <br> Logistics Corp. Ltd., <br> Class A<br>| 559470 | 485408 |
|  | Dajin Heavy Industry <br> Co. Ltd., Class A<br>| 65400 | 462518 |
|  | Dalian Huarui Heavy <br> Industry Group Co. <br> Ltd., Class A<br>| 619671 | 560962 |
| \* | Damai Entertainment <br> Holdings Ltd.<br>| 15290000 | 1808551 |
|  | Daqin Railway Co. <br> Ltd., Class A<br>| 2964061 | 2387483 |
|  | Dashang Co. Ltd., <br> Class A<br>| 113216 | 280098 |
|  | Dawnrays <br> Pharmaceutical <br> Holdings Ltd.<br>| 684000 | 105802 |

---

1117

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Deppon Logistics Co. <br> Ltd., Class A<br>| 193700 | $406329 |
| \* | Dezhan Healthcare <br> Co. Ltd., Class A<br>| 555200 | 341764 |
|  | Dian Diagnostics <br> Group Co. Ltd., <br> Class A<br>| 170700 | 390015 |
|  | Do-Fluoride New <br> Materials Co. Ltd., <br> Class A<br>| 178200 | 711432 |
| # | Dongfang Electric <br> Corp. Ltd., Class H<br>| 859000 | 2095952 |
|  | DongFeng Automobile <br> Co. Ltd., Class A<br>| 209300 | 227627 |
|  | Dongfeng Electronic <br> Technology Co. <br> Ltd., Class A<br>| 125400 | 220608 |
|  | Dongguan Aohai <br> Technology Co. <br> Ltd., Class A<br>| 74200 | 491720 |
|  | Dongguan <br> Development <br> Holdings Co. Ltd., <br> Class A<br>| 308200 | 510671 |
|  | Dongxing Securities <br> Co. Ltd., Class A<br>| 523100 | 931573 |
|  | Dongyue Group Ltd. | 5602000 | 7207394 |
|  | Dynagreen <br> Environmental <br> Protection Group <br> Co. Ltd., Class H<br>| 873000 | 612607 |
| \* | Easyhome New Retail <br> Group Co. Ltd., <br> Class A<br>| 1592700 | 646927 |
| # | E-Commodities <br> Holdings Ltd.<br>| 5778000 | 617066 |
|  | Edvantage Group <br> Holdings Ltd.<br>| 351596 | 63391 |
| # | EEKA Fashion <br> Holdings Ltd.<br>| 593000 | 598433 |
| \*†† | Elion Energy Co. Ltd., <br> Class A<br>| 807498 | 7946 |
|  | ENN Natural Gas Co. <br> Ltd., Class A<br>| 543700 | 1491909 |
|  | Era Co. Ltd., Class A | 302300 | 181057 |
|  | Essex Bio-technology <br> Ltd.<br>| 158000 | 87577 |
|  | Eternal Asia Supply <br> Chain Management <br> Ltd., Class A<br>| 1008900 | 721819 |
|  | EVA Precision <br> Industrial Holdings <br> Ltd.<br>| 4192000 | 642232 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Ever Sunshine <br> Services Group <br> Ltd.<br>| 1832000 | $411646 |
| #Ω | Everbright Securities <br> Co. Ltd., Class H<br>| 282600 | 354869 |
|  | Fangda Carbon New <br> Material Co. Ltd., <br> Class A<br>| 811294 | 702489 |
|  | Fangda Special Steel <br> Technology Co. <br> Ltd., Class A<br>| 738170 | 614453 |
|  | Far East Horizon Ltd. | 8098000 | 7269524 |
| \* | Farasis Energy Gan <br> Zhou Co. Ltd., <br> Class A<br>| 148721 | 372765 |
|  | FAW Jiefang Group <br> Co. Ltd., Class A<br>| 418452 | 422497 |
|  | FAWER Automotive <br> Parts Co. Ltd., <br> Class A<br>| 470012 | 371189 |
|  | FESCO Group Co. <br> Ltd., Class A<br>| 43700 | 116400 |
|  | Fiberhome <br> Telecommunication <br> Technologies Co. <br> Ltd., Class A<br>| 123978 | 423472 |
| \* | FIH Mobile Ltd. | 415600 | 992010 |
| # | FinVolution Group, <br> ADR<br>| 472528 | 2887146 |
|  | First Tractor Co. Ltd., <br> Class H<br>| 1100000 | 1106724 |
| # | Flat Glass Group Co. <br> Ltd., Class H<br>| 315000 | 495281 |
|  | Foshan Electrical & <br> Lighting Co. Ltd., <br> Class A<br>| 277200 | 245473 |
|  | Foshan Nationstar <br> Optoelectronics Co. <br> Ltd., Class A<br>| 140400 | 172372 |
|  | Fosun International <br> Ltd.<br>| 7116183 | 4514062 |
|  | Founder Securities <br> Co. Ltd., Class A<br>| 713607 | 825779 |
| # | Fu Shou Yuan <br> International Group <br> Ltd.<br>| 4481000 | 1695129 |
| # | Fufeng Group Ltd. | 8809000 | 9118570 |
|  | Fujian Funeng Co. <br> Ltd., Class A<br>| 644857 | 916639 |
|  | Fujian Qingshan <br> Paper Industry Co. <br> Ltd., Class A<br>| 124900 | 62859 |

---

1118

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Fujian Star-net <br> Communication Co. <br> Ltd., Class A<br>| 60571 | $227934 |
|  | Fujian Sunner <br> Development Co. <br> Ltd., Class A<br>| 329998 | 786030 |
|  | Fujian Yuanli Active <br> Carbon Co. Ltd., <br> Class A<br>| 18800 | 43715 |
| #Ω | Ganfeng Lithium <br> Group Co. Ltd., <br> Class H<br>| 375600 | 2480329 |
|  | Gansu Energy <br> Chemical Co. Ltd., <br> Class A<br>| 1396600 | 508423 |
|  | Gansu Shangfeng <br> Cement Co. Ltd., <br> Class A<br>| 308780 | 490113 |
|  | Gansu Yasheng <br> Industrial Group Co. <br> Ltd., Class A<br>| 457800 | 199524 |
|  | GCL Energy <br> Technology Co. <br> Ltd., Class A<br>| 367800 | 553387 |
| #\* | GCL Technology <br> Holdings Ltd.<br>| 28393000 | 4963366 |
| \* | GDS Holdings Ltd. <br> (9698 HK), Class A<br>| 1863300 | 8301848 |
|  | Geely Automobile <br> Holdings Ltd.<br>| 19921000 | 47258779 |
|  | GEM Co. Ltd., <br> Class A<br>| 1230500 | 1472717 |
| \* | Gemdale Corp., <br> Class A<br>| 913454 | 502257 |
| Ω | Genertec Universal <br> Medical Group Co. <br> Ltd.<br>| 3491500 | 2781206 |
| # | GF Securities Co. <br> Ltd., Class H<br>| 2865000 | 6916723 |
| #\* | Global New Material <br> International <br> Holdings Ltd.<br>| 102000 | 65491 |
| \* | Glorious Property <br> Holdings Ltd.<br>| 11363000 | 10967 |
|  | GoerTek, Inc., <br> Class A<br>| 232031 | 1070028 |
| Ω | Golden Throat <br> Holdings Group Co. <br> Ltd.<br>| 33000 | 14602 |
| # | Goldwind Science & <br> Technology Co. <br> Ltd., Class H<br>| 2985800 | 5067965 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Goodbaby <br> International <br> Holdings Ltd.<br>| 1138000 | $173886 |
|  | Gotion High-tech Co. <br> Ltd., Class A<br>| 246583 | 1578759 |
| # | Grand Pharmaceutical <br> Group Ltd.<br>| 3827000 | 4074307 |
| \* | Grandjoy Holdings <br> Group Co. Ltd., <br> Class A<br>| 118100 | 49360 |
|  | Great Wall Motor Co. <br> Ltd., Class H<br>| 4305000 | 8326561 |
|  | Gree Electric <br> Appliances, Inc. of <br> Zhuhai, Class A<br>| 576800 | 3225279 |
| # | Greentown China <br> Holdings Ltd.<br>| 5334591 | 5709592 |
| #Ω | Greentown <br> Management <br> Holdings Co. Ltd.<br>| 1964000 | 763601 |
|  | Greentown Service <br> Group Co. Ltd.<br>| 4376000 | 2513901 |
|  | Guangdong <br> Construction <br> Engineering Group <br> Co. Ltd., Class A<br>| 853800 | 459676 |
| \* | Guangdong DFP New <br> Material Group Co. <br> Ltd.<br>| 208596 | 142869 |
|  | Guangdong Dongfang <br> Precision Science & <br> Technology Co. <br> Ltd., Class A<br>| 505800 | 1351795 |
|  | Guangdong Dongpeng <br> Holdings Co. Ltd., <br> Class A<br>| 369000 | 368209 |
|  | Guangdong Dowstone <br> Technology Co. <br> Ltd., Class A<br>| 156300 | 541717 |
|  | Guangdong Ellington <br> Electronics <br> Technology Co. <br> Ltd., Class A<br>| 181000 | 286883 |
|  | Guangdong Fenghua <br> Advanced <br> Technology Holding <br> Co. Ltd., Class A<br>| 187700 | 446687 |
|  | Guangdong Goworld <br> Co. Ltd., Class A<br>| 105400 | 192422 |
|  | Guangdong Guanhao <br> High-Tech Co. Ltd., <br> Class A<br>| 316200 | 144417 |

---

1119

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Guangdong Hongtu <br> Technology <br> Holdings Co. Ltd., <br> Class A<br>| 290600 | $527007 |
| \* | Guangdong Jia Yuan <br> Technology Shares <br> Co. Ltd., Class A<br>| 105592 | 630853 |
|  | Guangdong Kinlong <br> Hardware Products <br> Co. Ltd., Class A<br>| 64400 | 205393 |
|  | Guangdong Provincial <br> Expressway <br> Development Co. <br> Ltd., Class A<br>| 283660 | 462992 |
|  | Guangdong South <br> New Media Co. <br> Ltd., Class A<br>| 21400 | 145422 |
|  | Guangdong Tapai <br> Group Co. Ltd., <br> Class A<br>| 353173 | 420373 |
|  | Guangdong Vanward <br> New Electric Co. <br> Ltd., Class A<br>| 188418 | 306023 |
|  | Guangdong Xinbao <br> Electrical <br> Appliances Holdings <br> Co. Ltd., Class A<br>| 255935 | 544201 |
| \* | Guangdong Zhongnan <br> Iron & Steel Co. <br> Ltd., Class A<br>| 773600 | 291742 |
|  | Guanghui Energy Co. <br> Ltd., Class A<br>| 1939638 | 1436908 |
| \* | Guanghui Logistics <br> Co. Ltd., Class A<br>| 331600 | 370258 |
|  | Guangshen Railway <br> Co. Ltd., Class H<br>| 4915999 | 1442739 |
|  | Guangxi Liugong <br> Machinery Co. Ltd., <br> Class A<br>| 509240 | 833406 |
|  | Guangxi LiuYao <br> Group Co. Ltd., <br> Class A<br>| 126383 | 331289 |
| \* | Guangxi Wuzhou <br> Zhongheng Group <br> Co. Ltd., Class A<br>| 603400 | 236894 |
|  | Guangzhou Baiyun <br> International Airport <br> Co. Ltd., Class A<br>| 633200 | 870238 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | Guangzhou <br> Baiyunshan <br> Pharmaceutical <br> Holdings Co. Ltd., <br> Class H<br>| 660000 | $1591065 |
|  | Guangzhou <br> Development <br> Group, Inc., <br> Class A<br>| 653700 | 631264 |
| \* | Guangzhou Great <br> Power Energy & <br> Technology Co. <br> Ltd., Class A<br>| 115600 | 812393 |
|  | Guangzhou Haoyang <br> Electronic Co. Ltd., <br> Class A<br>| 7000 | 42637 |
|  | Guangzhou Kingmed <br> Diagnostics Group <br> Co. Ltd., Class A<br>| 83500 | 350344 |
|  | Guangzhou Port Co. <br> Ltd., Class A<br>| 750600 | 354442 |
|  | Guangzhou Shiyuan <br> Electronic <br> Technology Co. <br> Ltd., Class A<br>| 108200 | 634869 |
|  | Guangzhou Wondfo <br> Biotech Co. Ltd., <br> Class A<br>| 88100 | 273169 |
|  | Guangzhou Yuexiu <br> Capital Holdings <br> Group Co. Ltd., <br> Class A<br>| 745556 | 848287 |
|  | Guangzhou Zhujiang <br> Brewery Co. Ltd., <br> Class A<br>| 196500 | 259092 |
|  | Guilin Layn Natural <br> Ingredients Corp., <br> Class A<br>| 52700 | 59956 |
|  | Guizhou Chanhen <br> Chemical Corp., <br> Class A<br>| 73100 | 350844 |
|  | Guizhou Panjiang <br> Refined Coal Co. <br> Ltd., Class A<br>| 470232 | 340445 |
|  | Guizhou Tyre Co. Ltd., <br> Class A<br>| 343800 | 241120 |
|  | Guizhou Xinbang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 564000 | 302530 |
|  | Guosen Securities Co. <br> Ltd., Class A<br>| 1108827 | 2189357 |

---

1120

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Ω | Guotai Haitong <br> Securities Co. Ltd., <br> Class H<br>| 5654288 | $10834344 |
|  | Guoyuan Securities <br> Co. Ltd., Class A<br>| 868450 | 1069888 |
|  | Haier Smart Home <br> Co. Ltd. (600690 <br> C1), Class A<br>| 879896 | 3317996 |
|  | Haier Smart Home <br> Co. Ltd. (6690 HK), <br> Class H<br>| 7293600 | 23717939 |
|  | Hailir Pesticides & <br> Chemicals Group <br> Co. Ltd., Class A<br>| 20800 | 38851 |
| \* | Hainan Meilan <br> International Airport <br> Co. Ltd., Class H<br>| 435000 | 588090 |
|  | Hainan Mining Co. <br> Ltd., Class A<br>| 221800 | 304317 |
|  | Haitian International <br> Holdings Ltd.<br>| 2070000 | 5656350 |
|  | Hangxiao Steel <br> Structure Co. Ltd., <br> Class A<br>| 795322 | 303044 |
|  | Hangzhou Binjiang <br> Real Estate Group <br> Co. Ltd., Class A<br>| 631700 | 943897 |
|  | Hangzhou First <br> Applied Material Co. <br> Ltd., Class A<br>| 338000 | 746045 |
|  | Hangzhou GreatStar <br> Industrial Co. Ltd.<br>| 179700 | 778787 |
|  | Hangzhou Haoyue <br> Personal Care Co. <br> Ltd., Class A<br>| 36820 | 168751 |
|  | Hangzhou Huawang <br> New Material <br> Technology Co. <br> Ltd., Class A<br>| 135331 | 167550 |
| \* | Hangzhou Iron & <br> Steel Co., Class A<br>| 463000 | 593958 |
| \* | Hangzhou Lion <br> Microelectronics Co. <br> Ltd., Class A<br>| 28300 | 139413 |
|  | Hangzhou Robam <br> Appliances Co. Ltd., <br> Class A<br>| 197800 | 543598 |
|  | Hangzhou Sunrise <br> Technology Co. <br> Ltd., Class A<br>| 69600 | 152036 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Han's Laser <br> Technology Industry <br> Group Co. Ltd., <br> Class A<br>| 87314 | $505572 |
|  | Harbin Electric Co. <br> Ltd., Class H<br>| 3381474 | 5560117 |
|  | Harbin Electric Corp. <br> Jiamusi Electric <br> Machine Co. Ltd., <br> Class A<br>| 97803 | 178291 |
| \* | Harbin Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 510700 | 262920 |
|  | HBIS Resources Co. <br> Ltd., Class A<br>| 193700 | 511122 |
|  | Health & Happiness <br> H&H International <br> Holdings Ltd.<br>| 719000 | 1118535 |
|  | Hefei Urban <br> Construction <br> Development Co. <br> Ltd., Class A<br>| 230529 | 402993 |
|  | HeiLongJiang ZBD <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 125200 | 198597 |
|  | Hello Group, Inc., <br> Sponsored ADR<br>| 594528 | 4036845 |
|  | Henan Liliang <br> Diamond Co. Ltd., <br> Class A<br>| 68100 | 367904 |
|  | Henan Mingtai Al <br> Industrial Co. Ltd., <br> Class A<br>| 313400 | 663707 |
|  | Henan Pinggao <br> Electric Co. Ltd., <br> Class A<br>| 304300 | 755409 |
|  | Henan Shenhuo Coal <br> Industry & <br> Electricity Power <br> Co. Ltd., Class A<br>| 456300 | 1585335 |
|  | Henan Thinker <br> Automatic <br> Equipment Co. Ltd., <br> Class A<br>| 8300 | 34917 |
|  | Henan Yuguang Gold <br> & Lead Co. Ltd., <br> Class A<br>| 306905 | 528880 |
| \* | Henan Zhongfu <br> Industry Co. Ltd., <br> Class A<br>| 698800 | 668473 |

---

1121

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Henan Zhongyuan <br> Expressway Co. <br> Ltd., Class A<br>| 411600 | $263289 |
|  | Hengan International <br> Group Co. Ltd.<br>| 2069500 | 7247982 |
|  | Hengdian Group <br> Tospo Lighting Co. <br> Ltd., Class A<br>| 55600 | 106387 |
|  | Hengli Petrochemical <br> Co. Ltd., Class A<br>| 1682874 | 4247497 |
|  | Hengtong Logistics <br> Co. Ltd., Class A<br>| 158500 | 220882 |
|  | Hengtong <br> Optic-electric Co. <br> Ltd., Class A<br>| 654008 | 2055984 |
|  | Hengyi Petrochemical <br> Co. Ltd., Class A<br>| 801241 | 754695 |
|  | Hesteel Co. Ltd., <br> Class A<br>| 3173600 | 1119747 |
|  | Hexing Electrical Co. <br> Ltd., Class A<br>| 103233 | 490315 |
|  | Hisense Visual <br> Technology Co. <br> Ltd., Class A<br>| 381600 | 1329527 |
|  | Hitevision Co. Ltd., <br> Class A<br>| 59800 | 251423 |
|  | HLA Group Corp. Ltd., <br> Class A<br>| 1438000 | 1251579 |
| \* | HNA Technology Co. <br> Ltd., Class A<br>| 637300 | 392952 |
|  | Hongli Zhihui Group <br> Co. Ltd., Class A<br>| 42500 | 44291 |
|  | Hongrun Construction <br> Group Co. Ltd., <br> Class A<br>| 165200 | 284172 |
| \* | Hongyuan Green <br> Energy Co. Ltd., <br> Class A<br>| 63700 | 264025 |
| \* | Hopson Development <br> Holdings Ltd.<br>| 4524708 | 1835499 |
|  | Horizon Construction <br> Development Ltd.<br>| 2428554 | 349762 |
|  | Hoshine Silicon <br> Industry Co. Ltd., <br> Class A<br>| 130800 | 911924 |
| \*Ω | Hua Hong <br> Semiconductor Ltd., <br> Class H<br>| 1242000 | 12730733 |
|  | Huaan Securities Co. <br> Ltd., Class A<br>| 616300 | 574347 |
|  | Huadian Heavy <br> Industries Co. Ltd., <br> Class A<br>| 74300 | 77517 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Huafon Chemical Co. <br> Ltd., Class A<br>| 1469848 | $1854027 |
|  | Huafon Microfibre <br> Shanghai <br> Technology Co. <br> Ltd., Class A<br>| 244308 | 245095 |
|  | Huafu Fashion Co. <br> Ltd., Class A<br>| 454700 | 305625 |
|  | Huaibei Mining <br> Holdings Co. Ltd., <br> Class A<br>| 760400 | 1419421 |
| \* | Huaihe Energy Group <br> Co. Ltd., Class A<br>| 1012100 | 530933 |
|  | Huangshan Tourism <br> Development Co. <br> Ltd., Class A<br>| 137300 | 218270 |
|  | Huapont Life Sciences <br> Co. Ltd., Class A<br>| 604400 | 415604 |
| Ω | Huatai Securities Co. <br> Ltd., Class H<br>| 3617800 | 9095463 |
|  | Huaxi Securities Co. <br> Ltd., Class A<br>| 498155 | 706851 |
|  | Huaxia Bank Co. Ltd., <br> Class A<br>| 3561687 | 3409535 |
|  | Huaxin Cement Co. <br> Ltd. (600801 C1), <br> Class A<br>| 589528 | 1789016 |
| # | Huaxin Cement Co. <br> Ltd. (6655 HK), <br> Class H<br>| 363600 | 816446 |
|  | Huayu Automotive <br> Systems Co. Ltd., <br> Class A<br>| 857045 | 2461265 |
|  | Hubei Chutian Smart <br> Communication Co. <br> Ltd., Class A<br>| 312700 | 178860 |
|  | Hubei Jumpcan <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 176906 | 623087 |
|  | Hubei Xingfa <br> Chemicals Group <br> Co. Ltd., Class A<br>| 371800 | 1492911 |
|  | Hubei Yihua Chemical <br> Industry Co. Ltd., <br> Class A<br>| 147846 | 288464 |
|  | Huishang Bank Corp. <br> Ltd., Class H<br>| 810900 | 348434 |
|  | Humanwell Healthcare <br> Group Co. Ltd., <br> Class A<br>| 366000 | 1087042 |
|  | Hunan Aihua Group <br> Co. Ltd., Class A<br>| 18100 | 43855 |

---

1122

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Hunan Friendship & <br> Apollo Commercial <br> Co. Ltd., Class A<br>| 210800 | $196532 |
|  | Hunan TV & <br> Broadcast <br> Intermediary Co. <br> Ltd., Class A<br>| 441400 | 551714 |
|  | Hunan Valin Steel Co. <br> Ltd., Class A<br>| 2235080 | 1813881 |
|  | Hunan Zhongke <br> Electric Co. Ltd., <br> Class A<br>| 135900 | 494230 |
| #\*Ω | Hygeia Healthcare <br> Holdings Co. Ltd.<br>| 1405000 | 2360579 |
|  | IKD Co. Ltd., Class A | 225000 | 716153 |
| \*Ω | IMAX China Holding, <br> Inc.<br>| 76600 | 78859 |
|  | Industrial & <br> Commercial Bank of <br> China Ltd., Class H<br>| 180841996 | 140116189 |
|  | Industrial Bank Co. <br> Ltd., Class A<br>| 6143453 | 17479804 |
|  | Industrial Securities <br> Co. Ltd., Class A<br>| 1396592 | 1351707 |
|  | Infore Environment <br> Technology Group <br> Co. Ltd., Class A<br>| 739856 | 716176 |
| \*Ω | Ingdan, Inc. | 1438000 | 521216 |
| \* | Inkeverse Group Ltd. | 1946000 | 261930 |
|  | Inner Mongolia <br> BaoTou Steel Union <br> Co. Ltd., Class A<br>| 8308700 | 2967239 |
|  | Inner Mongolia Berun <br> Chemical Co. Ltd., <br> Class A<br>| 855350 | 812481 |
|  | Inner Mongolia Dian <br> Tou Energy Corp. <br> Ltd., Class A<br>| 824337 | 2928659 |
|  | Inner Mongolia <br> ERDOS Resources <br> Co. Ltd., Class A<br>| 338268 | 526129 |
|  | Inner Mongolia <br> Junzheng Energy & <br> Chemical Industry <br> Group Co. Ltd., <br> Class A<br>| 2635451 | 1915182 |
|  | Intco Medical <br> Technology Co. <br> Ltd., Class A<br>| 140073 | 778487 |
| #\* | iQIYI, Inc., ADR | 1808670 | 4178028 |
| \* | IRICO Display <br> Devices Co. Ltd., <br> Class A<br>| 625900 | 515724 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | JA Solar Technology <br> Co. Ltd., Class A<br>| 765800 | $1515269 |
|  | Jade Bird Fire Co. <br> Ltd., Class A<br>| 222840 | 350720 |
|  | Jangho Group Co. <br> Ltd., Class A<br>| 536100 | 584157 |
|  | Jason Furniture <br> Hangzhou Co. Ltd., <br> Class A<br>| 195300 | 845765 |
|  | JCET Group Co. Ltd., <br> Class A<br>| 280646 | 1579737 |
| \*Ω | JD Health <br> International, Inc.<br>| 1742150 | 13599125 |
| \*Ω | JD Logistics, Inc. | 5796900 | 9450121 |
|  | JD.com, Inc. (9618 <br> HK), Class A<br>| 6645700 | 109720346 |
|  | Jiang Su Suyan <br> Jingshen Co. Ltd., <br> Class A<br>| 228600 | 345724 |
|  | Jiangling Motors Corp. <br> Ltd., Class A<br>| 181629 | 512786 |
|  | Jiangsu Asia-Pacific <br> Light Alloy <br> Technology Co. <br> Ltd., Class A<br>| 366000 | 342663 |
|  | Jiangsu Azure Corp., <br> Class A<br>| 282600 | 763149 |
|  | Jiangsu Broadcasting <br> Cable Information <br> Network Corp. Ltd., <br> Class A<br>| 615000 | 317084 |
|  | Jiangsu Changbao <br> Steeltube Co. Ltd., <br> Class A<br>| 51700 | 47403 |
|  | Jiangsu Changshu <br> Automotive Trim <br> Group Co. Ltd., <br> Class A<br>| 88000 | 211955 |
|  | Jiangsu Changshu <br> Rural Commercial <br> Bank Co. Ltd., <br> Class A<br>| 1063048 | 1054055 |
|  | Jiangsu Dingsheng <br> New Energy <br> Materials Co. Ltd., <br> Class A<br>| 213360 | 383844 |
| \* | Jiangsu Eastern <br> Shenghong Co. <br> Ltd., Class A<br>| 860157 | 1118343 |
|  | Jiangsu Financial <br> Leasing Co. Ltd., <br> Class A<br>| 1108876 | 951141 |

---

1123

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Jiangsu General <br> Science Technology <br> Co. Ltd., Class A<br>| 425300 | $265430 |
|  | Jiangsu Guotai <br> International Group <br> Co. Ltd., Class A<br>| 555480 | 729327 |
|  | Jiangsu Huachang <br> Chemical Co. Ltd., <br> Class A<br>| 269000 | 236658 |
|  | Jiangsu Jiangyin Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 655220 | 437667 |
|  | Jiangsu Lianyungang <br> Port Co. Ltd., <br> Class A<br>| 139900 | 112988 |
|  | Jiangsu Lihua Foods <br> Group Co. Ltd.<br>| 196000 | 576943 |
|  | Jiangsu Linyang <br> Energy Co. Ltd., <br> Class A<br>| 569400 | 467564 |
|  | Jiangsu Phoenix <br> Publishing & Media <br> Corp. Ltd., Class A<br>| 388000 | 549670 |
|  | Jiangsu Provincial <br> Agricultural <br> Reclamation & <br> Development Corp., <br> Class A<br>| 289900 | 379064 |
|  | Jiangsu Rainbow <br> Heavy Industries <br> Co. Ltd., Class A<br>| 186600 | 176031 |
|  | Jiangsu Shagang Co. <br> Ltd., Class A<br>| 629500 | 511695 |
|  | Jiangsu Shentong <br> Valve Co. Ltd., <br> Class A<br>| 116400 | 227704 |
|  | Jiangsu Shuangxing <br> Color Plastic New <br> Materials Co. Ltd., <br> Class A<br>| 49100 | 37559 |
|  | Jiangsu Soho High <br> Hope Group Corp., <br> Class A<br>| 490000 | 195655 |
| \* | Jiangsu Sopo <br> Chemical Co., <br> Class A<br>| 193129 | 196759 |
|  | Jiangsu Suzhou Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 598840 | 436104 |
|  | Jiangsu Yanghe <br> Distillery Co. Ltd., <br> Class A<br>| 171500 | 1706905 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Jiangsu Zhangjiagang <br> Rural Commercial <br> Bank Co. Ltd., <br> Class A<br>| 724458 | $451888 |
|  | Jiangsu Zhongtian <br> Technology Co. <br> Ltd., Class A<br>| 682900 | 1626152 |
|  | Jiangsu Zijin Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 886200 | 352348 |
|  | Jiangxi Copper Co. <br> Ltd., Class H<br>| 3639000 | 15183508 |
|  | Jiangxi Ganyue <br> Expressway Co. <br> Ltd., Class A<br>| 653300 | 491244 |
|  | Jiaozuo Wanfang <br> Aluminum <br> Manufacturing Co. <br> Ltd., Class A<br>| 344000 | 496495 |
| \* | Jihua Group Corp. <br> Ltd., Class A<br>| 516900 | 262368 |
|  | Jilin Aodong <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 242056 | 730756 |
| \* | Jilin Chemical Fibre, <br> Class A<br>| 529100 | 303687 |
| #\*†† | Jinchuan Group <br> International <br> Resources Co. Ltd.<br>| 1899000 | 58652 |
|  | Jinduicheng <br> Molybdenum Co. <br> Ltd., Class A<br>| 144100 | 304380 |
|  | Jingjin Equipment, <br> Inc., Class A<br>| 125800 | 269711 |
| # | JinkoSolar Holding <br> Co. Ltd., ADR<br>| 124177 | 3118084 |
|  | Jinlei Technology Co. <br> Ltd., Class A<br>| 75500 | 311036 |
|  | Jinmao Property <br> Services Co. Ltd.<br>| 458891 | 165042 |
|  | Jinneng Holding <br> Shanxi Coal <br> Industry Co. Ltd., <br> Class A<br>| 670614 | 1417705 |
|  | Jinneng <br> Science&Technology <br> Co. Ltd., Class A<br>| 258033 | 227684 |
| #\*Ω | Jinxin Fertility Group <br> Ltd.<br>| 8467500 | 2678493 |
|  | Jinyu Bio-Technology <br> Co. Ltd., Class A<br>| 226200 | 342878 |

---

1124

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| #Ω | Jiumaojiu International <br> Holdings Ltd.<br>| 685000 | $156009 |
|  | Jizhong Energy <br> Resources Co. Ltd., <br> Class A<br>| 1186400 | 1022387 |
|  | Joincare <br> Pharmaceutical <br> Group Industry Co. <br> Ltd., Class A<br>| 545516 | 932556 |
|  | Jointown <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 1138723 | 816288 |
| \* | Joy City Property Ltd. | 18504000 | 1405095 |
|  | JS Corrugating <br> Machinery Co. Ltd., <br> Class A<br>| 176100 | 309648 |
| \*Ω | JS Global Lifestyle <br> Co. Ltd.<br>| 717500 | 164404 |
|  | JSTI Group, Class A | 398875 | 472160 |
| \* | Ju Teng International <br> Holdings Ltd.<br>| 1300249 | 302854 |
|  | Kailuan Energy <br> Chemical Co. Ltd., <br> Class A<br>| 278100 | 255259 |
|  | Kaishan Group Co. <br> Ltd., Class A<br>| 234700 | 529075 |
|  | Keda Industrial Group <br> Co. Ltd., Class A<br>| 368200 | 678407 |
|  | Keshun Waterproof <br> Technologies Co. <br> Ltd., Class A<br>| 67300 | 47300 |
| # | Kinetic Development <br> Group Ltd.<br>| 8148000 | 1531329 |
|  | Kingboard Holdings <br> Ltd.<br>| 2861345 | 10251711 |
|  | Kingboard Laminates <br> Holdings Ltd.<br>| 2505000 | 4193908 |
|  | Kingfa Sci & Tech Co. <br> Ltd., Class A<br>| 532700 | 1514608 |
|  | Kingsoft Corp. Ltd. | 1218000 | 5309425 |
|  | KPC Pharmaceuticals, <br> Inc., Class A<br>| 164500 | 314681 |
|  | Kuangda Technology <br> Group Co. Ltd., <br> Class A<br>| 202300 | 176339 |
|  | Kunlun Energy Co. <br> Ltd.<br>| 19194000 | 17642847 |
|  | Lao Feng Xiang Co. <br> Ltd., Class A<br>| 98154 | 665150 |
|  | Laobaixing Pharmacy <br> Chain JSC, <br> Class A<br>| 176220 | 411114 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | LB Group Co. Ltd., <br> Class A<br>| 443033 | $1147110 |
|  | Lee & Man Chemical <br> Co. Ltd.<br>| 254000 | 154035 |
| # | Lee & Man Paper <br> Manufacturing Ltd.<br>| 5212000 | 1842206 |
|  | Lee's Pharmaceutical <br> Holdings Ltd.<br>| 930000 | 228503 |
| \*Ω | Legend Holdings <br> Corp., Class H<br>| 2326400 | 3006986 |
|  | Lenovo Group Ltd. | 1112000 | 1622239 |
|  | Lens Technology Co. <br> Ltd., Class A<br>| 946961 | 3914355 |
|  | Leo Group Co. Ltd., <br> Class A<br>| 1478500 | 1108439 |
|  | Leoch International <br> Technology Ltd.<br>| 255000 | 46928 |
|  | Lepu Medical <br> Technology Beijing <br> Co. Ltd., Class A<br>| 292100 | 744193 |
| # | LexinFintech Holdings <br> Ltd., ADR<br>| 399688 | 1926496 |
|  | Leyard Optoelectronic <br> Co. Ltd., Class A<br>| 543600 | 525440 |
| \* | Li Auto, Inc. (2015 <br> HK), Class A<br>| 1291200 | 13398873 |
|  | Li Ning Co. Ltd. | 9221500 | 20049533 |
|  | Lianhe Chemical <br> Technology Co. <br> Ltd., Class A<br>| 280000 | 465645 |
|  | Liaoning Cheng Da <br> Co. Ltd., Class A<br>| 202900 | 363711 |
|  | Lier Chemical Co. <br> Ltd., Class A<br>| 242760 | 432944 |
|  | Lijiang Yulong Tourism <br> Co. Ltd., Class A<br>| 136600 | 167464 |
| \* | Liuzhou Iron & Steel <br> Co. Ltd., Class A<br>| 414300 | 314655 |
|  | Livzon Pharmaceutical <br> Group, Inc., <br> Class H<br>| 175300 | 705019 |
|  | Lizhong Sitong Light <br> Alloys Group Co. <br> Ltd., Class A<br>| 144100 | 495113 |
| # | LK Technology <br> Holdings Ltd.<br>| 1160000 | 550519 |
|  | Loncin Motor Co. Ltd., <br> Class A<br>| 173900 | 332914 |
| #Ω | Longfor Group <br> Holdings Ltd.<br>| 6645240 | 8208419 |
| \* | LONGi Green Energy <br> Technology Co. <br> Ltd., Class A<br>| 701300 | 2080410 |

---

1125

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Longshine Technology <br> Group Co. Ltd., <br> Class A<br>| 129200 | $324819 |
|  | Lonking Holdings Ltd. | 11218000 | 4471600 |
|  | Lucky Harvest Co. <br> Ltd., Class A<br>| 74626 | 422902 |
|  | Luenmei Quantum Co. <br> Ltd., Class A<br>| 384003 | 475300 |
|  | Luoniushan Co. Ltd., <br> Class A<br>| 260600 | 268818 |
|  | Luoyang Xinqianglian <br> Slewing Bearing <br> Co. Ltd., Class A<br>| 46500 | 345175 |
|  | Luxi Chemical Group <br> Co. Ltd., Class A<br>| 640300 | 1213314 |
|  | Luyang Energy-Saving <br> Materials Co. Ltd.<br>| 45900 | 76540 |
| #\*Ω | Luye Pharma Group <br> Ltd.<br>| 8804500 | 3567129 |
|  | Lygend Resources & <br> Technology Co. <br> Ltd.-H, Class H<br>| 18000 | 55028 |
| \* | Maanshan Iron & <br> Steel Co. Ltd., <br> Class H<br>| 2132000 | 699870 |
|  | Maccura <br> Biotechnology Co. <br> Ltd., Class A<br>| 183900 | 302420 |
|  | Mango Excellent <br> Media Co. Ltd., <br> Class A<br>| 408694 | 1692827 |
| #Ω | Maoyan <br> Entertainment<br>| 352386 | 301381 |
|  | Meihua Holdings <br> Group Co. Ltd., <br> Class A<br>| 578700 | 908562 |
|  | Mesnac Co. Ltd., <br> Class A<br>| 209900 | 254643 |
|  | Metallurgical Corp. of <br> China Ltd., Class H<br>| 8101000 | 2468585 |
|  | M-Grass Ecology & <br> Environment Group <br> Co. Ltd., Class A<br>| 369600 | 216482 |
|  | Midea Group Co. Ltd., <br> Class A<br>| 303000 | 3254794 |
| #Ω | Midea Real Estate <br> Holding Ltd.<br>| 691800 | 424735 |
|  | Milkyway Intelligent <br> Supply Chain <br> Service Group Co. <br> Ltd., Class A<br>| 26477 | 221324 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Ming Yang Smart <br> Energy Group Ltd., <br> Class A<br>| 425500 | $905713 |
| \* | Mingfa Group <br> International Co. <br> Ltd.<br>| 608000 | 9537 |
|  | Minmetals Capital Co. <br> Ltd., Class A<br>| 521700 | 434315 |
| \* | Minmetals <br> Development Co. <br> Ltd., Class A<br>| 144100 | 185282 |
| \* | Minmetals Land Ltd. | 1071205 | 129907 |
|  | Minth Group Ltd. | 3064000 | 13595941 |
|  | MLS Co. Ltd., <br> Class A<br>| 446962 | 547851 |
| \* | MMG Ltd. | 11271200 | 10002653 |
|  | Moon Environment <br> Technology Co. <br> Ltd., Class A<br>| 330720 | 660669 |
| # | Morimatsu <br> International <br> Holdings Co. Ltd.<br>| 340000 | 435281 |
|  | MYS Group Co. Ltd., <br> Class A<br>| 393300 | 238988 |
|  | Nanjing Cosmos <br> Chemical Co. Ltd., <br> Class A<br>| 59000 | 114025 |
|  | Nanjing Hanrui Cobalt <br> Co. Ltd., Class A<br>| 51500 | 359510 |
|  | Nanjing Iron & Steel <br> Co. Ltd., Class A<br>| 1634600 | 1206588 |
|  | Nanjing <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 283000 | 201249 |
| \* | Nanjing Tanker Corp., <br> Class A<br>| 1203000 | 552555 |
|  | Nanjing Xinjiekou <br> Department Store <br> Co. Ltd., Class A<br>| 418400 | 441352 |
| # | NetDragon Websoft <br> Holdings Ltd.<br>| 1177500 | 1839514 |
|  | Neusoft Corp., <br> Class A<br>| 251600 | 372159 |
|  | New China Life <br> Insurance Co. Ltd., <br> Class H<br>| 66400 | 419622 |
|  | New Hope Liuhe Co. <br> Ltd., Class A<br>| 912451 | 1248095 |
|  | Nexteer Automotive <br> Group Ltd.<br>| 3634000 | 3150139 |
| \* | Nine Dragons Paper <br> Holdings Ltd.<br>| 6643000 | 4758252 |

---

1126

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Ningbo Boway Alloy <br> Material Co. Ltd., <br> Class A<br>| 167200 | $513825 |
|  | Ningbo Exciton <br> Technology Co. <br> Ltd., Class A<br>| 15200 | 39453 |
|  | Ningbo Huaxiang <br> Electronic Co. Ltd., <br> Class A<br>| 278655 | 1299201 |
|  | Ningbo Jintian Copper <br> Group Co. Ltd., <br> Class A<br>| 420900 | 684422 |
|  | Ningbo Joyson <br> Electronic Corp., <br> Class A<br>| 342141 | 1533829 |
|  | Ningbo Peacebird <br> Fashion Co. Ltd., <br> Class A<br>| 93500 | 188212 |
|  | Ningbo Ronbay New <br> Energy Technology <br> Co. Ltd., Class A<br>| 182246 | 715321 |
| \* | Ningbo Shanshan Co. <br> Ltd., Class A<br>| 310000 | 599086 |
|  | Ningbo Xusheng <br> Group Co. Ltd., <br> Class A<br>| 143400 | 303561 |
|  | Ningbo Yunsheng Co. <br> Ltd., Class A<br>| 300284 | 602301 |
|  | Ningbo Zhoushan Port <br> Co. Ltd., Class A<br>| 1357400 | 716813 |
|  | Ningxia Building <br> Materials Group Co. <br> Ltd., Class A<br>| 101900 | 192507 |
|  | Ningxia Western <br> Venture Industrial <br> Co. Ltd., Class A<br>| 212900 | 154326 |
|  | Noah Holdings Ltd., <br> Sponsored ADR<br>| 94076 | 1062118 |
|  | Norinco International <br> Cooperation Ltd., <br> Class A<br>| 221500 | 348097 |
|  | North China <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 329500 | 278020 |
|  | North Huajin Chemical <br> Industries Co. Ltd., <br> Class A<br>| 431619 | 308317 |
| \* | North Industries <br> Group Red Arrow <br> Co. Ltd., Class A<br>| 157300 | 406378 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Northeast <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 454424 | $354383 |
|  | Northeast Securities <br> Co. Ltd., Class A<br>| 507400 | 647974 |
| \* | Nuode New Materials <br> Co. Ltd., Class A<br>| 670950 | 667919 |
|  | Offshore Oil <br> Engineering Co. <br> Ltd., Class A<br>| 1189601 | 910944 |
| # | Onewo, Inc., Class H | 540600 | 1553166 |
|  | Oppein Home Group, <br> Inc., Class A<br>| 100410 | 755216 |
|  | Opple Lighting Co. <br> Ltd., Class A<br>| 97400 | 238177 |
|  | ORG Technology Co. <br> Ltd., Class A<br>| 823720 | 697048 |
|  | Orient International <br> Enterprise Ltd., <br> Class A<br>| 231000 | 271511 |
| # | Orient Overseas <br> International Ltd.<br>| 409000 | 7078125 |
| Ω | Orient Securities Co. <br> Ltd., Class H<br>| 1352000 | 1259770 |
| \* | Oriental Energy Co. <br> Ltd., Class A<br>| 447680 | 517599 |
|  | Oriental Pearl Group <br> Co. Ltd., Class A<br>| 635660 | 867785 |
|  | Pacific Shuanglin <br> Bio-pharmacy Co. <br> Ltd., Class A<br>| 123240 | 272860 |
| \* | Pangang Group <br> Vanadium Titanium <br> & Resources Co. <br> Ltd., Class A<br>| 1081600 | 459418 |
| \* | PCI Technology Group <br> Co. Ltd., Class A<br>| 460500 | 444391 |
| \* | Pengxin International <br> Mining Co. Ltd., <br> Class A<br>| 220705 | 254136 |
|  | People's Insurance <br> Co. Group of China <br> Ltd. , Class H<br>| 21751000 | 19534783 |
|  | PetroChina Co. Ltd., <br> Class H<br>| 90670000 | 93727230 |
|  | PICC Property & <br> Casualty Co. Ltd., <br> Class H<br>| 9521000 | 22493587 |
|  | Ping An Bank Co. <br> Ltd., Class A<br>| 5191713 | 8261469 |

---

1127

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Ping An Insurance <br> Group Co. of China <br> Ltd., Class H<br>| 19281000 | $139292335 |
|  | Pingdingshan Tianan <br> Coal Mining Co. <br> Ltd., Class A<br>| 950203 | 1135374 |
| \* | Polaris Bay Group Co. <br> Ltd., Class A<br>| 338000 | 349746 |
|  | Poly Property <br> Services Co. Ltd., <br> Class H<br>| 456200 | 1968047 |
| \* | Porton Pharma <br> Solutions Ltd., <br> Class A<br>| 107900 | 404040 |
| #Ω | Postal Savings Bank <br> of China Co. Ltd., <br> Class H<br>| 30135000 | 21233433 |
|  | Pou Sheng <br> International <br> Holdings Ltd.<br>| 8554000 | 522721 |
|  | Power Construction <br> Corp. of China Ltd., <br> Class A<br>| 4101720 | 3251616 |
|  | Prinx Chengshan <br> Holdings Ltd.<br>| 259500 | 237102 |
|  | Pulike Biological <br> Engineering, Inc., <br> Class A<br>| 19500 | 38306 |
|  | PW Medtech Group <br> Ltd.<br>| 1439000 | 277890 |
|  | Pylon Technologies <br> Co. Ltd., Class A<br>| 25254 | 235487 |
|  | Q Technology Group <br> Co. Ltd.<br>| 490000 | 881167 |
|  | Qfin Holdings, Inc., <br> ADR<br>| 82763 | 1998726 |
| \* | Qi An Xin Technology <br> Group, Inc., <br> Class A<br>| 50335 | 276243 |
|  | Qingdao Citymedia <br> Co. Ltd., Class A<br>| 113300 | 108132 |
|  | Qingdao East Steel <br> Tower Stock Co. <br> Ltd., Class A<br>| 370700 | 920043 |
|  | Qingdao Gon <br> Technology Co. <br> Ltd., Class A<br>| 68735 | 495415 |
|  | Qingdao Hanhe Cable <br> Co. Ltd., Class A<br>| 908000 | 478684 |
|  | Qingdao Hiron <br> Commercial Cold <br> Chain Co. Ltd., <br> Class A<br>| 25000 | 49435 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Ω | Qingdao Port <br> International Co. <br> Ltd., Class H<br>| 1016000 | $928776 |
|  | Qingdao Rural <br> Commercial Bank <br> Corp., Class A<br>| 1139700 | 515979 |
|  | Qingdao Sentury Tire <br> Co. Ltd., Class A<br>| 249340 | 681223 |
|  | Qinghai Huzhu <br> TianYouDe <br> Highland Barley <br> Spirit Co. Ltd., <br> Class A<br>| 75400 | 101622 |
| \* | Qingling Motors Co. <br> Ltd., Class H<br>| 1402000 | 133269 |
|  | Qinhuangdao Port Co. <br> Ltd., Class H<br>| 1317500 | 493403 |
| \* | Qudian, Inc., <br> Sponsored ADR<br>| 157205 | 751440 |
|  | Rainbow Digital <br> Commercial Co. <br> Ltd., Class A<br>| 392676 | 298098 |
| \*Ω | Redco Properties <br> Group Ltd.<br>| 1468000 | 40170 |
|  | Renhe Pharmacy Co. <br> Ltd., Class A<br>| 457500 | 399390 |
|  | Rianlon Corp., <br> Class A<br>| 58219 | 327772 |
|  | Riyue Heavy Industry <br> Co. Ltd., Class A<br>| 226809 | 463472 |
|  | Rizhao Port Co. Ltd., <br> Class A<br>| 691400 | 309081 |
|  | Rongsheng <br> Petrochemical Co. <br> Ltd., Class A<br>| 1813367 | 2597620 |
| \* | Roshow Technology <br> Co. Ltd., Class A<br>| 396100 | 494189 |
|  | Runjian Co. Ltd., <br> Class A<br>| 53400 | 330278 |
|  | SAIC Motor Corp. <br> Ltd., Class A<br>| 1116173 | 2611499 |
|  | Sailun Group Co. Ltd., <br> Class A<br>| 473700 | 1021876 |
|  | Sanan Optoelectronics <br> Co. Ltd., Class A<br>| 655700 | 1279496 |
|  | Sanjiang Shopping <br> Club Co. Ltd., <br> Class A<br>| 42600 | 82934 |
|  | Sanquan Food Co. <br> Ltd., Class A<br>| 177200 | 278080 |
| \* | Sansteel Minguang <br> Co. Ltd. Fujian, <br> Class A<br>| 750480 | 472578 |

---

1128

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sansure Biotech, Inc., <br> Class A<br>| 111673 | $345890 |
|  | Sany Heavy <br> Equipment <br> International <br> Holdings Co. Ltd.<br>| 3925000 | 3705361 |
|  | Sany Heavy Industry <br> Co. Ltd., Class A<br>| 1338542 | 4165384 |
|  | Satellite Chemical Co. <br> Ltd., Class A<br>| 403731 | 1016815 |
|  | SDIC Capital Co. Ltd., <br> Class A<br>| 87400 | 96346 |
|  | Sealand Securities <br> Co. Ltd., Class A<br>| 1018895 | 654502 |
| \* | Seazen Group Ltd. | 6322857 | 1781351 |
| \* | Seazen Holdings Co. <br> Ltd., Class A<br>| 418115 | 834725 |
| \*†† | S-Enjoy Service <br> Group Co. Ltd.<br>| 244000 | 32971 |
|  | SF Holding Co. Ltd., <br> Class A<br>| 1281600 | 7264951 |
|  | Shaanxi Beiyuan <br> Chemical Industry <br> Group Co. Ltd., <br> Class A<br>| 430400 | 238382 |
|  | Shaanxi Coal Industry <br> Co. Ltd., Class A<br>| 1996400 | 6370316 |
|  | Shaanxi Construction <br> Engineering Group <br> Corp. Ltd., Class A<br>| 830200 | 442183 |
|  | Shan Xi Hua Yang <br> Group New Energy <br> Co. Ltd., Class A<br>| 1450800 | 1631830 |
|  | Shandong Bohui <br> Paper Industrial Co. <br> Ltd., Class A<br>| 380900 | 267269 |
|  | Shandong Buchang <br> Pharmaceuticals <br> Co. Ltd., Class A<br>| 180909 | 440814 |
|  | Shandong Head <br> Group Co. Ltd., <br> Class A<br>| 20500 | 37546 |
|  | Shandong Hi-Speed <br> Road & Bridge <br> Group Co. Ltd., <br> Class A<br>| 359300 | 308642 |
|  | Shandong Hualu <br> Hengsheng <br> Chemical Co. Ltd., <br> Class A<br>| 522599 | 1885486 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Shandong Huatai <br> Paper Industry <br> Shareholding Co. <br> Ltd., Class A<br>| 182220 | $95289 |
| Shandong Humon <br> Smelting Co. Ltd., <br> Class A<br>| 275500 | 511313 |
| Shandong Jincheng <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 98600 | 242082 |
| Shandong Jinjing <br> Science & <br> Technology Co. <br> Ltd., Class A<br>| 418900 | 309132 |
| Shandong Linglong <br> Tyre Co. Ltd., <br> Class A<br>| 438387 | 948091 |
| Shandong Lukang <br> Pharma, Class A<br>| 162100 | 228365 |
| Shandong Nanshan <br> Aluminum Co. Ltd., <br> Class A<br>| 3082850 | 1997333 |
| Shandong <br> Pharmaceutical <br> Glass Co. Ltd., <br> Class A<br>| 132500 | 389458 |
| Shandong Publishing <br> & Media Co. Ltd., <br> Class A<br>| 363633 | 427246 |
| Shandong Sun Paper <br> Industry JSC Ltd., <br> Class A<br>| 883381 | 1765993 |
| Shandong Weifang <br> Rainbow Chemical <br> Co. Ltd., Class A<br>| 29000 | 301860 |
| Shandong Weigao <br> Group Medical <br> Polymer Co. Ltd., <br> Class H<br>| 8158000 | 5710507 |
| Shandong Xiantan Co. <br> Ltd., Class A<br>| 217200 | 192338 |
| Shandong Xinhua <br> Pharmaceutical Co. <br> Ltd., Class H<br>| 338000 | 302592 |
| Shandong Yisheng <br> Livestock & Poultry <br> Breeding Co. Ltd., <br> Class A<br>| 225800 | 285326 |
| Shanghai Bailian <br> Group Co. Ltd., <br> Class A<br>| 396500 | 503336 |

---

1129

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Baosteel <br> Packaging Co. Ltd., <br> Class A<br>| 243900 | $189470 |
|  | Shanghai Bright Meat <br> Group Co. Ltd., <br> Class A<br>| 248300 | 237610 |
|  | Shanghai Chlor-Alkali <br> Chemical Co. Ltd., <br> Class A<br>| 200500 | 307907 |
|  | Shanghai Construction <br> Group Co. Ltd., <br> Class A<br>| 2377229 | 942137 |
|  | Shanghai Datun <br> Energy Resources <br> Co. Ltd., Class A<br>| 198300 | 384879 |
| #\* | Shanghai Electric <br> Group Co. Ltd., <br> Class H<br>| 8194000 | 4777780 |
|  | Shanghai Environment <br> Group Co. Ltd., <br> Class A<br>| 360586 | 420783 |
|  | Shanghai Fosun <br> Pharmaceutical <br> Group Co. Ltd., <br> Class H<br>| 1263500 | 3870188 |
|  | Shanghai Hanbell <br> Precise Machinery <br> Co. Ltd., Class A<br>| 132700 | 456388 |
|  | Shanghai Huayi <br> Group Co. Ltd., <br> Class A<br>| 274300 | 306600 |
|  | Shanghai Industrial <br> Holdings Ltd.<br>| 1777918 | 3120970 |
| \* | Shanghai Industrial <br> Urban Development <br> Group Ltd.<br>| 460501 | 20149 |
|  | Shanghai International <br> Airport Co. Ltd., <br> Class A<br>| 113300 | 514230 |
|  | Shanghai Jahwa <br> United Co. Ltd., <br> Class A<br>| 77400 | 272851 |
|  | Shanghai Jinjiang <br> International Hotels <br> Co. Ltd., Class A<br>| 323850 | 1024676 |
|  | Shanghai Kaibao <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 226200 | 196193 |
|  | Shanghai Lingang <br> Holdings Corp. Ltd., <br> Class A<br>| 518860 | 823946 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Shanghai Lujiazui <br> Finance & Trade <br> Zone Development <br> Co. Ltd., Class A<br>| 241858 | $290999 |
| Shanghai Mechanical <br> & Electrical Industry <br> Co. Ltd., Class A<br>| 175890 | 670165 |
| Shanghai <br> Pharmaceuticals <br> Holding Co. Ltd., <br> Class H<br>| 1907900 | 2872630 |
| Shanghai Pudong <br> Construction Co. <br> Ltd., Class A<br>| 244593 | 277421 |
| Shanghai Pudong <br> Development Bank <br> Co. Ltd., Class A<br>| 5862228 | 9477987 |
| Shanghai Putailai New <br> Energy Technology <br> Co. Ltd., Class A<br>| 470550 | 1933387 |
| Shanghai QiFan <br> Cable Co. Ltd., <br> Class A<br>| 82900 | 218563 |
| Shanghai RAAS Blood <br> Products Co. Ltd., <br> Class A<br>| 1039162 | 984802 |
| Shanghai Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 1624600 | 1948398 |
| Shanghai Shyndec <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 286800 | 420005 |
| Shanghai Tongji <br> Science & <br> Technology <br> Industrial Co. Ltd., <br> Class A<br>| 181900 | 379910 |
| Shanghai Tunnel <br> Engineering Co. <br> Ltd., Class A<br>| 632134 | 586708 |
| Shanghai Waigaoqiao <br> Free Trade Zone <br> Group Co. Ltd., <br> Class A<br>| 201276 | 309431 |
| Shanghai Yuyuan <br> Tourist Mart Group <br> Co. Ltd., Class A<br>| 739362 | 577812 |
| Shanghai Zhenhua <br> Heavy Industries <br> Co. Ltd., Class A<br>| 776992 | 516651 |

---

1130

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shanghai Zhezhong <br> Group Co. Ltd., <br> Class A<br>| 50500 | $127673 |
|  | Shanghai Zhonggu <br> Logistics Co. Ltd., <br> Class A<br>| 382248 | 594328 |
|  | Shanghai Zijiang <br> Enterprise Group <br> Co. Ltd., Class A<br>| 451400 | 501144 |
|  | Shantou Wanshun <br> New Material Group <br> Co. Ltd., Class A<br>| 50200 | 44798 |
|  | Shantui Construction <br> Machinery Co. Ltd., <br> Class A<br>| 441300 | 717908 |
|  | Shanxi Blue Flame <br> Holding Co. Ltd., <br> Class A<br>| 267100 | 271957 |
|  | Shanxi Coal <br> International Energy <br> Group Co. Ltd., <br> Class A<br>| 472500 | 733286 |
|  | Shanxi Coking Coal <br> Energy Group Co. <br> Ltd., Class A<br>| 1616265 | 1663385 |
| \* | Shanxi Guoxin Energy <br> Corp. Ltd., Class A<br>| 436660 | 216824 |
|  | Shanxi Hi-speed <br> Group Co. Ltd., <br> Class A<br>| 276780 | 201660 |
|  | Shanxi Lanhua <br> Sci-Tech Venture <br> Co. Ltd., Class A<br>| 384760 | 364015 |
|  | Shanxi Lu'an <br> Environmental <br> Energy <br> Development Co. <br> Ltd., Class A<br>| 1040880 | 2165346 |
| \* | Shanxi Meijin Energy <br> Co. Ltd., Class A<br>| 874173 | 643948 |
|  | Shanxi Securities Co. <br> Ltd., Class A<br>| 586460 | 527812 |
| \* | Shanxi Taigang <br> Stainless Steel Co. <br> Ltd., Class A<br>| 1595000 | 943950 |
| \* | Shanxi Zhendong <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 94200 | 92504 |
| \* | Shanying International <br> Holding Co. Ltd., <br> Class A<br>| 718200 | 178676 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenghe Resources <br> Holding Co. Ltd., <br> Class A<br>| 36393 | $118856 |
|  | Shenma Industry Co. <br> Ltd., Class A<br>| 312300 | 436130 |
| Ω | Shenwan Hongyuan <br> Group Co. Ltd., <br> Class H<br>| 2604800 | 1146126 |
|  | Shenzhen Agricultural <br> Power Group Co. <br> Ltd., Class A<br>| 362741 | 435722 |
|  | Shenzhen Airport Co. <br> Ltd., Class A<br>| 597901 | 607055 |
|  | Shenzhen Aisidi Co. <br> Ltd., Class A<br>| 143300 | 249835 |
|  | Shenzhen Cereals <br> Holdings Co. Ltd., <br> Class A<br>| 145600 | 142943 |
|  | Shenzhen Comix <br> Group Co. Ltd., <br> Class A<br>| 179600 | 162493 |
|  | Shenzhen Desay <br> Battery Technology <br> Co., Class A<br>| 97430 | 384862 |
|  | Shenzhen Fuanna <br> Bedding & <br> Furnishing Co. Ltd., <br> Class A<br>| 160200 | 162178 |
|  | Shenzhen Gas Corp. <br> Ltd., Class A<br>| 489200 | 462098 |
| \* | Shenzhen Gongjin <br> Electronics Co. Ltd., <br> Class A<br>| 69000 | 115818 |
| Ω | Shenzhen Hepalink <br> Pharmaceutical <br> Group Co. Ltd., <br> Class H<br>| 265500 | 183620 |
| # | Shenzhen <br> International <br> Holdings Ltd.<br>| 5909590 | 6125812 |
|  | Shenzhen Invt Electric <br> Co. Ltd., Class A<br>| 205400 | 260069 |
| \* | Shenzhen Jinjia <br> Group Co. Ltd., <br> Class A<br>| 461283 | 289390 |
|  | Shenzhen Jufei <br> Optoelectronics Co. <br> Ltd., Class A<br>| 226000 | 212673 |
|  | Shenzhen Kaifa <br> Technology Co. <br> Ltd., Class A<br>| 225448 | 865376 |

---

1131

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shenzhen Kangtai <br> Biological Products <br> Co. Ltd., Class A<br>| 125600 | $303732 |
|  | Shenzhen Kedali <br> Industry Co. Ltd., <br> Class A<br>| 48200 | 1220725 |
|  | Shenzhen Kingkey <br> Smart Agriculture <br> Times Co. Ltd., <br> Class A<br>| 25800 | 59610 |
|  | Shenzhen Laibao <br> Hi-tech Co. Ltd., <br> Class A<br>| 195200 | 306251 |
|  | Shenzhen Leaguer <br> Co. Ltd., Class A<br>| 355700 | 461255 |
|  | Shenzhen Microgate <br> Technology Co. <br> Ltd., Class A<br>| 80200 | 143073 |
|  | Shenzhen MTC Co. <br> Ltd., Class A<br>| 1445828 | 1250120 |
|  | Shenzhen Noposin <br> Crop Science Co. <br> Ltd., Class A<br>| 262600 | 450116 |
| \* | Shenzhen Overseas <br> Chinese Town Co. <br> Ltd., Class A<br>| 1645261 | 550897 |
|  | Shenzhen Pagoda <br> Industrial Group <br> Corp. Ltd., Class H<br>| 972500 | 255337 |
|  | Shenzhen SC New <br> Energy Technology <br> Corp., Class A<br>| 69700 | 925476 |
|  | Shenzhen Senior <br> Technology Material <br> Co. Ltd., Class A<br>| 257900 | 516175 |
|  | Shenzhen Tagen <br> Group Co. Ltd., <br> Class A<br>| 605500 | 322531 |
|  | Shenzhen Topraysolar <br> Co. Ltd., Class A<br>| 344500 | 176744 |
|  | Shenzhen Yan Tian <br> Port Holding Co. <br> Ltd., Class A<br>| 422900 | 271064 |
|  | Shenzhen Yinghe <br> Technology Co. <br> Ltd., Class A<br>| 128900 | 542511 |
|  | Shenzhen Zhongjin <br> Lingnan Nonfemet <br> Co. Ltd., Class A<br>| 1038400 | 804950 |
|  | Shenzhou <br> International Group <br> Holdings Ltd.<br>| 312100 | 2693987 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Shinva Medical <br> Instrument Co. Ltd., <br> Class A<br>| 112750 | $246241 |
| # | Shoucheng Holdings <br> Ltd.<br>| 6233683 | 1751663 |
|  | Shougang Fushan <br> Resources Group <br> Ltd.<br>| 8236819 | 3231781 |
| \* | Shuangliang <br> Eco-Energy <br> Systems Co. Ltd., <br> Class A<br>| 397200 | 386090 |
|  | Shui On Land Ltd. | 13576303 | 1238716 |
|  | Sichuan Development <br> Lomon Co. Ltd., <br> Class A<br>| 341500 | 536000 |
|  | Sichuan Hebang <br> Biotechnology Co. <br> Ltd., Class A<br>| 1233800 | 377938 |
| \* | Sichuan Hexie <br> Shuangma Co. Ltd., <br> Class A<br>| 152178 | 435121 |
|  | Sichuan Kelun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 288455 | 1418783 |
| \* | Sichuan Lutianhua <br> Co. Ltd., Class A<br>| 445200 | 268462 |
|  | Sichuan New Energy <br> Power Co. Ltd., <br> Class A<br>| 303200 | 524100 |
|  | Sichuan Road & <br> Bridge Group Co. <br> Ltd., Class A<br>| 1634598 | 2178492 |
|  | Sichuan Yahua <br> Industrial Group Co. <br> Ltd., Class A<br>| 233300 | 666509 |
|  | Sino <br> Biopharmaceutical <br> Ltd.<br>| 6374000 | 5806279 |
| \* | Sinochem <br> International Corp., <br> Class A<br>| 673631 | 395807 |
|  | Sinofert Holdings Ltd. | 11308000 | 2211228 |
|  | Sinolink Securities Co. <br> Ltd., Class A<br>| 543205 | 754242 |
|  | Sinoma International <br> Engineering Co., <br> Class A<br>| 768300 | 1028681 |
|  | Sinoma Science & <br> Technology Co. <br> Ltd., Class A<br>| 412362 | 2008272 |
|  | Sinomach Automobile <br> Co. Ltd., Class A<br>| 391700 | 343368 |

---

1132

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Sinomach Heavy <br> Equipment Group <br> Co. Ltd., Class A<br>| 830200 | $413114 |
|  | Sinomine Resource <br> Group Co. Ltd., <br> Class A<br>| 99920 | 790778 |
|  | Sinopec Engineering <br> Group Co. Ltd., <br> Class H<br>| 5842500 | 5503664 |
| # | Sinopec Kantons <br> Holdings Ltd.<br>| 4110000 | 2125950 |
|  | Sinopec Shanghai <br> Petrochemical Co. <br> Ltd., Class H<br>| 8718000 | 1492133 |
|  | Sinopharm Group Co. <br> Ltd., Class H<br>| 5409600 | 13483782 |
|  | Sino-Platinum Metals <br> Co. Ltd., Class A<br>| 116900 | 273192 |
|  | Sinosteel Engineering <br> & Technology Co. <br> Ltd., Class A<br>| 678800 | 610706 |
| # | Sinotrans Ltd., <br> Class H<br>| 10042000 | 6825654 |
|  | Sinotruk Hong Kong <br> Ltd.<br>| 2785835 | 9307016 |
|  | Sinotruk Jinan Truck <br> Co. Ltd., Class A<br>| 354758 | 905129 |
|  | Skyworth Digital Co. <br> Ltd., Class A<br>| 112400 | 214780 |
| \* | Skyworth Group Ltd. | 730000 | 369947 |
|  | Snowsky Salt Industry <br> Group Co. Ltd., <br> Class A<br>| 472000 | 378224 |
| \* | SOHO China Ltd. | 1217388 | 86294 |
|  | SooChow Securities <br> Co. Ltd., Class A<br>| 848030 | 1143876 |
|  | Southern Publishing & <br> Media Co. Ltd., <br> Class A<br>| 234900 | 467049 |
|  | Southwest Securities <br> Co. Ltd., Class A<br>| 910400 | 606498 |
| # | SSY Group Ltd. | 3982000 | 1589582 |
|  | Stanley Agricultural <br> Group Co. Ltd., <br> Class A<br>| 346000 | 474103 |
|  | Star Lake Bioscience <br> Co., Inc. Zhaoqing <br> Guangdong, <br> Class A<br>| 504700 | 509836 |
|  | State Grid Yingda Co. <br> Ltd., Class A<br>| 798300 | 724176 |
|  | STO Express Co. Ltd., <br> Class A<br>| 166400 | 362199 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Sumec Corp. Ltd., <br> Class A<br>| 415300 | $660206 |
|  | Sun Art Retail Group <br> Ltd.<br>| 7095000 | 1724136 |
|  | Sun King Technology <br> Group Ltd.<br>| 626000 | 162827 |
|  | Suning Universal Co. <br> Ltd., Class A<br>| 914105 | 327587 |
|  | Sunrise Group Co. <br> Ltd., Class A<br>| 194800 | 158283 |
| \* | Sunshine Lake <br> Pharma Co. Ltd.<br>| 303979 | 1791666 |
|  | Sunstone <br> Development Co. <br> Ltd., Class A<br>| 94600 | 327440 |
|  | Suntak Technology <br> Co. Ltd., Class A<br>| 240308 | 481081 |
|  | Sunward Intelligent <br> Equipment Co. Ltd., <br> Class A<br>| 279300 | 520104 |
|  | Sunwoda Electronic <br> Co. Ltd., Class A<br>| 384600 | 1938727 |
|  | Suofeiya Home <br> Collection Co. Ltd., <br> Class A<br>| 104300 | 190782 |
|  | Suzhou Anjie <br> Technology Co. <br> Ltd., Class A<br>| 138800 | 271551 |
|  | Suzhou Gold Mantis <br> Construction <br> Decoration Co. Ltd., <br> Class A<br>| 871975 | 416689 |
|  | Suzhou New District <br> Hi-Tech Industrial <br> Co. Ltd., Class A<br>| 299900 | 250611 |
| \* | Taiyuan Heavy <br> Industry Co. Ltd., <br> Class A<br>| 792700 | 309822 |
| \* | Tangrenshen Group <br> Co. Ltd., Class A<br>| 385300 | 258448 |
|  | TangShan Port Group <br> Co. Ltd., Class A<br>| 1646190 | 919186 |
|  | Tangshan Sanyou <br> Chemical Industries <br> Co. Ltd., Class A<br>| 660100 | 528861 |
|  | Tasly Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 89200 | 193715 |
|  | Tayho Advanced <br> Materials Group Co. <br> Ltd., Class A<br>| 262400 | 370284 |
|  | TBEA Co. Ltd., <br> Class A<br>| 1143998 | 3149266 |

---

1133

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | TCL Electronics <br> Holdings Ltd.<br>| 4535666 | $5385267 |
|  | TCL Technology <br> Group Corp., <br> Class A<br>| 4338998 | 2630844 |
|  | TCL Zhonghuan <br> Renewable Energy <br> Technology Co. <br> Ltd., Class A<br>| 740200 | 984451 |
|  | TDG Holdings Co. <br> Ltd., Class A<br>| 321400 | 464266 |
|  | Ten Pao Group <br> Holdings Ltd.<br>| 304000 | 88772 |
| # | Tian An China <br> Investment Co. Ltd.<br>| 4049000 | 2366729 |
|  | Tian Di Science & <br> Technology Co. <br> Ltd., Class A<br>| 1183500 | 994525 |
| # | Tiangong International <br> Co. Ltd.<br>| 5220000 | 1976832 |
|  | Tianjin Capital <br> Environmental <br> Protection Group <br> Co. Ltd., Class H<br>| 126000 | 69147 |
|  | Tianjin Chase Sun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 668911 | 359221 |
|  | Tianjin Port Co. Ltd., <br> Class A<br>| 686668 | 464183 |
|  | Tianjin Port <br> Development <br> Holdings Ltd.<br>| 8865657 | 811640 |
|  | Tianjin Ringpu <br> Bio-Technology Co. <br> Ltd., Class A<br>| 39800 | 120619 |
|  | Tianjin TEDA <br> Resources <br> Recycling Group <br> Co. Ltd., Class A<br>| 134611 | 80340 |
|  | Tianjin You Fa Steel <br> Pipe Group Stock <br> Co. Ltd., Class A<br>| 102461 | 94635 |
| \* | Tianma <br> Microelectronics Co. <br> Ltd., Class A<br>| 628602 | 858463 |
|  | Tianneng Battery <br> Group Co. Ltd., <br> Class A<br>| 81158 | 386724 |
|  | Tianneng Power <br> International Ltd.<br>| 3920000 | 4345629 |
| #\* | Tianqi Lithium Corp., <br> Class H<br>| 326800 | 2008864 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Tianrun Industry <br> Technology Co. <br> Ltd., Class A<br>| 286100 | $256218 |
|  | Tianshan Aluminum <br> Group Co. Ltd., <br> Class A<br>| 1392729 | 2615585 |
|  | Tianshui Huatian <br> Technology Co. <br> Ltd., Class A<br>| 948176 | 1608874 |
|  | Tinergy Chemical Co. <br> Ltd., Class A<br>| 714560 | 560510 |
|  | Titan Wind Energy <br> Suzhou Co. Ltd., <br> Class A<br>| 431000 | 464074 |
|  | Tofflon Science & <br> Technology Group <br> Co. Ltd., Class A<br>| 189800 | 452336 |
|  | Toly Bread Co. Ltd., <br> Class A<br>| 413335 | 316702 |
|  | Tomson Group Ltd. | 1233317 | 429455 |
| # | Tong Ren Tang <br> Technologies Co. <br> Ltd., Class H<br>| 2457000 | 1466196 |
|  | Tongcheng Travel <br> Holdings Ltd.<br>| 568000 | 1563026 |
|  | Tongdao Liepin <br> Group<br>| 210400 | 86201 |
|  | Tongkun Group Co. <br> Ltd., Class A<br>| 547222 | 1093951 |
|  | Tongling Jingda <br> Special Magnet <br> Wire Co. Ltd., <br> Class A<br>| 424000 | 647002 |
|  | Tongling Nonferrous <br> Metals Group Co. <br> Ltd., Class A<br>| 3571846 | 2653682 |
| \* | Tongwei Co. Ltd., <br> Class A<br>| 349314 | 1216403 |
|  | Tongyu Heavy <br> Industry Co. Ltd., <br> Class A<br>| 1188500 | 514611 |
|  | Topsec Technologies <br> Group, Inc., <br> Class A<br>| 218500 | 320242 |
| Ω | Topsports International <br> Holdings Ltd.<br>| 6738000 | 2670436 |
|  | Transfar Zhilian Co. <br> Ltd., Class A<br>| 602400 | 528744 |
|  | TravelSky Technology <br> Ltd., Class H<br>| 1901000 | 2501713 |
|  | Triangle Tyre Co. Ltd., <br> Class A<br>| 170100 | 353533 |

---

1134

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| \* | Trina Solar Co. Ltd., <br> Class A<br>| 403882 | $1155945 |
|  | Trip.com Group Ltd. <br> (9961 HK)<br>| 11850 | 833901 |
|  | Trip.com Group Ltd. <br> (TCOM US), ADR<br>| 686188 | 48479182 |
| \*†† | Trony Solar Holdings <br> Co. Ltd.<br>| 8775000 | 0 |
| \* | Tsinghua Tongfang <br> Co. Ltd., Class A<br>| 458200 | 561990 |
|  | Tsingtao Brewery Co. <br> Ltd., Class H<br>| 60000 | 405512 |
|  | TSP Wind Power <br> Group Co. Ltd.<br>| 208100 | 248152 |
|  | Unilumin Group Co. <br> Ltd., Class A<br>| 155400 | 161085 |
|  | Uni-President China <br> Holdings Ltd.<br>| 1222000 | 1322990 |
|  | Universal Scientific <br> Industrial Shanghai <br> Co. Ltd., Class A<br>| 362800 | 1227904 |
| †† | Untrade.China Dili | 4137899 | 65925 |
| \*†† | Untrade.Lumena <br> Newmat<br>| 1315048 | 0 |
|  | V V Food & Beverage <br> Co. Ltd., Class A<br>| 314300 | 157997 |
|  | Valiant Co. Ltd., <br> Class A<br>| 211046 | 415548 |
|  | Vatti Corp. Ltd., <br> Class A<br>| 222900 | 200246 |
| \* | Venustech Group, <br> Inc., Class A<br>| 97100 | 213901 |
|  | Vipshop Holdings Ltd., <br> ADR<br>| 1366683 | 23903286 |
| \* | Visionox Technology, <br> Inc., Class A<br>| 140400 | 167312 |
| \*Ω | Viva Biotech Holdings | 1267500 | 397526 |
| \* | Vnet Group, Inc., <br> ADR<br>| 9061 | 94234 |
|  | Walvax Biotechnology <br> Co. Ltd., Class A<br>| 191900 | 329896 |
|  | Wangneng <br> Environment Co. <br> Ltd., Class A<br>| 130540 | 313669 |
|  | Wanhua Chemical <br> Group Co. Ltd., <br> Class A<br>| 606600 | 5339368 |
|  | Wasion Holdings Ltd. | 2834000 | 4559777 |
|  | Wasu Media Holding <br> Co. Ltd., Class A<br>| 389286 | 431780 |
|  | Weibo Corp. (9898 <br> HK), Class A<br>| 49000 | 535777 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| # | Weibo Corp. (WB <br> US), Sponsored <br> ADR<br>| 123100 | $1339328 |
|  | Weichai Power Co. <br> Ltd., Class H<br>| 6329000 | 13077603 |
|  | Weifu <br> High-Technology <br> Group Co. Ltd., <br> Class A<br>| 130000 | 392263 |
|  | Weihai Guangtai <br> Airport Equipment <br> Co. Ltd., Class A<br>| 112200 | 161362 |
|  | Wellhope Foods Co. <br> Ltd., Class A<br>| 300888 | 324457 |
|  | Wencan Group Co. <br> Ltd., Class A<br>| 41500 | 126110 |
|  | West China Cement <br> Ltd.<br>| 10992000 | 4200647 |
|  | Western Securities <br> Co. Ltd., Class A<br>| 726548 | 877487 |
|  | Wharf Holdings Ltd. | 1159000 | 3049162 |
|  | Windey Energy <br> Technology Group <br> Co. Ltd., Class A<br>| 182430 | 468395 |
| \* | Wingtech Technology <br> Co. Ltd., Class A<br>| 184600 | 1166670 |
|  | Winner Medical Co. <br> Ltd., Class A<br>| 75640 | 439166 |
|  | Wuchan Zhongda <br> Group Co. Ltd., <br> Class A<br>| 1547000 | 1272246 |
|  | Wuhan Easydiagnosis <br> Biomedicine Co. <br> Ltd., Class A<br>| 50400 | 136242 |
|  | Wuhu Token Science <br> Co. Ltd., Class A<br>| 436800 | 381022 |
|  | Wushang Group Co. <br> Ltd., Class A<br>| 233500 | 327799 |
| \*Ω | Wuxi Biologics <br> Cayman, Inc.<br>| 5633500 | 26275170 |
|  | Wuxi Huaguang <br> Environment & <br> Energy Group Co. <br> Ltd., Class A<br>| 216923 | 471617 |
|  | Wuxi Paike New <br> Materials <br> Technology Co. <br> Ltd., Class A<br>| 20400 | 200280 |
|  | Wuxi Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 418200 | 356843 |
|  | Wuxi Taiji Industry Ltd. <br> Co., Class A<br>| 411647 | 501659 |

---

1135

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | XCMG Construction <br> Machinery Co. Ltd., <br> Class A<br>| 2845700 | $4256423 |
| \*Ω | Xiabuxiabu Catering <br> Management China <br> Holdings Co. Ltd.<br>| 1115500 | 143626 |
|  | Xiamen Bank Co. Ltd., <br> Class A<br>| 706900 | 700572 |
|  | Xiamen C & D, Inc., <br> Class A<br>| 598500 | 857477 |
|  | Xiamen Port <br> Development Co. <br> Ltd., Class A<br>| 151800 | 223153 |
|  | Xiamen Tungsten Co. <br> Ltd., Class A<br>| 299740 | 1504960 |
|  | Xiamen Xiangyu Co. <br> Ltd., Class A<br>| 608601 | 710310 |
|  | Xi'An Shaangu Power <br> Co. Ltd., Class A<br>| 462200 | 565266 |
|  | Xiandai Investment <br> Co. Ltd., Class A<br>| 348400 | 207521 |
| \* | Xiangtan Electric <br> Manufacturing Co. <br> Ltd., Class A<br>| 31300 | 67028 |
|  | Xianhe Co. Ltd., <br> Class A<br>| 123874 | 398197 |
|  | Xilinmen Furniture Co. <br> Ltd., Class A<br>| 97400 | 234158 |
|  | Xinfengming Group <br> Co. Ltd., Class A<br>| 420160 | 939166 |
|  | Xingfa Aluminium <br> Holdings Ltd.<br>| 447000 | 447703 |
|  | Xinhua Winshare <br> Publishing & Media <br> Co. Ltd., Class H<br>| 1785000 | 2395958 |
|  | Xinjiang Joinworld Co. <br> Ltd., Class A<br>| 380300 | 433379 |
|  | Xinjiang Qingsong <br> Building Materials & <br> Chemicals Group <br> Co. Ltd., Class A<br>| 326600 | 216236 |
|  | Xinjiang Xinxin Mining <br> Industry Co. Ltd., <br> Class H<br>| 1208000 | 402072 |
|  | Xinjiang Xuefeng <br> Sci-Tech Group Co. <br> Ltd., Class A<br>| 312000 | 398339 |
| \* | Xinjiang Zhongtai <br> Chemical Co. Ltd., <br> Class A<br>| 345800 | 228491 |
|  | Xinxiang Chemical <br> Fiber Co. Ltd., <br> Class A<br>| 440670 | 270950 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Xinxing Ductile Iron <br> Pipes Co. Ltd., <br> Class A<br>| 942800 | $573763 |
| # | Xinyi Energy Holdings <br> Ltd.<br>| 7792816 | 1272370 |
| # | Xinyi Solar Holdings <br> Ltd.<br>| 16152361 | 7442955 |
|  | Xinyu Iron & Steel Co. <br> Ltd., Class A<br>| 779300 | 460260 |
| # | Xtep International <br> Holdings Ltd.<br>| 5495237 | 3979185 |
|  | Xuji Electric Co. Ltd., <br> Class A<br>| 224900 | 836272 |
|  | Yangling Metron New <br> Material, Inc., <br> Class A<br>| 144140 | 337398 |
| # | Yankuang Energy <br> Group Co. Ltd., <br> Class H<br>| 9360000 | 12849827 |
|  | Yantai Changyu <br> Pioneer Wine Co. <br> Ltd., Class A<br>| 89001 | 268897 |
|  | Yantai Jereh Oilfield <br> Services Group Co. <br> Ltd., Class A<br>| 305903 | 2149644 |
|  | Yechiu Metal <br> Recycling China <br> Ltd., Class A<br>| 319500 | 140561 |
| \* | Yibin Tianyuan Group <br> Co. Ltd., Class A<br>| 235590 | 192792 |
|  | Yifan Pharmaceutical <br> Co. Ltd., Class A<br>| 171000 | 316517 |
| # | Yihai International <br> Holding Ltd.<br>| 259000 | 397388 |
|  | Yiren Digital Ltd., <br> Sponsored ADR<br>| 203568 | 1135909 |
| Ω | Yixin Group Ltd. | 4875000 | 1420968 |
|  | Yixintang <br> Pharmaceutical <br> Group Co. Ltd., <br> Class A<br>| 176963 | 333527 |
|  | Yonfer Agricultural <br> Technology Co. <br> Ltd., Class A<br>| 410300 | 857741 |
|  | Yongjin Technology <br> Group Co. Ltd.<br>| 98900 | 254828 |
|  | YongXing Special <br> Materials <br> Technology Co. <br> Ltd., Class A<br>| 112670 | 779080 |
|  | Yotrio Group Co. Ltd., <br> Class A<br>| 360200 | 195399 |

---

1136

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Youngor Fashion Co. <br> Ltd., Class A<br>| 851613 | $897940 |
|  | YTO Express Group <br> Co. Ltd., Class A<br>| 530600 | 1275843 |
|  | Yuexiu Services <br> Group Ltd.<br>| 244000 | 79732 |
|  | Yueyang Forest & <br> Paper Co. Ltd., <br> Class A<br>| 325800 | 203857 |
|  | Yum China Holdings, <br> Inc. (YUMC US)<br>| 11482 | 496711 |
|  | YUNDA Holding <br> Group Co. Ltd., <br> Class A<br>| 895489 | 916985 |
|  | Yunnan Aluminium <br> Co. Ltd., Class A<br>| 653530 | 2110969 |
|  | Yunnan Chihong <br> Zinc&Germanium <br> Co. Ltd., Class A<br>| 987900 | 936263 |
|  | Yunnan Copper Co. <br> Ltd., Class A<br>| 483200 | 1225832 |
|  | Yunnan Energy <br> Investment Co. Ltd., <br> Class A<br>| 162300 | 277223 |
| \* | Yunnan Energy New <br> Material Co. Ltd., <br> Class A<br>| 176200 | 1201698 |
|  | Yunnan Tin Co. Ltd., <br> Class A<br>| 466300 | 1553952 |
|  | Yunnan Yuntianhua <br> Co. Ltd., Class A<br>| 156000 | 630740 |
|  | Zanyu Technology <br> Group Co. Ltd., <br> Class A<br>| 26800 | 41841 |
|  | ZBOM Home <br> Collection Co. Ltd., <br> Class A<br>| 115400 | 150905 |
|  | Zhefu Holding Group <br> Co. Ltd., Class A<br>| 1424640 | 822691 |
|  | Zhejiang Chint <br> Electrics Co. Ltd., <br> Class A<br>| 641052 | 2584770 |
|  | Zhejiang <br> Communications <br> Technology Co. <br> Ltd., Class A<br>| 850341 | 499529 |
|  | Zhejiang Conba <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 521900 | 343246 |
|  | Zhejiang Dafeng <br> Industry Co. Ltd., <br> Class A<br>| 111800 | 206226 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Dahua <br> Technology Co. <br> Ltd., Class A<br>| 514923 | $1480763 |
|  | Zhejiang Daily Digital <br> Culture Group Co. <br> Ltd., Class A<br>| 216900 | 414826 |
| \* | Zhejiang Dun'An <br> Artificial <br> Environment Co. <br> Ltd., Class A<br>| 221800 | 430000 |
|  | Zhejiang Garden <br> Biopharmaceutical <br> Co. Ltd., Class A<br>| 53800 | 104129 |
| #\*†† | Zhejiang Glass Co. <br> Ltd., Class H<br>| 437000 | 0 |
|  | Zhejiang <br> Guyuelongshan <br> Shaoxing Wine Co. <br> Ltd., Class A<br>| 217500 | 290373 |
|  | Zhejiang Hailiang Co. <br> Ltd., Class A<br>| 650665 | 1052480 |
|  | Zhejiang Hailide New <br> Material Co. Ltd., <br> Class A<br>| 49400 | 40581 |
|  | Zhejiang Hangmin Co. <br> Ltd., Class A<br>| 477181 | 479522 |
|  | Zhejiang Hisun <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 279664 | 440621 |
|  | Zhejiang Huace Film <br> & Television Co. <br> Ltd., Class A<br>| 385032 | 415688 |
|  | Zhejiang Huakang <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 54100 | 133224 |
|  | Zhejiang Huayou <br> Cobalt Co. Ltd., <br> Class A<br>| 330031 | 3008849 |
|  | Zhejiang International <br> Group Co. Ltd., <br> Class A<br>| 72600 | 112903 |
|  | Zhejiang Jiahua <br> Energy Chemical <br> Industry Co. Ltd., <br> Class A<br>| 430300 | 515585 |
|  | Zhejiang Jingsheng <br> Mechanical & <br> Electrical Co. Ltd., <br> Class A<br>| 120800 | 662555 |
|  | Zhejiang Jingxin <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 309251 | 819316 |

---

1137

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
| Zhejiang Jiuzhou <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 212800 | $596796 |
| Zhejiang Longsheng <br> Group Co. Ltd., <br> Class A<br>| 660433 | 977883 |
| Zhejiang Medicine Co. <br> Ltd., Class A<br>| 238117 | 487626 |
| Zhejiang NHU Co. <br> Ltd., Class A<br>| 48976 | 167342 |
| Zhejiang Orient <br> Financial Holdings <br> Group Co. Ltd., <br> Class A<br>| 845600 | 853001 |
| Zhejiang Runtu Co. <br> Ltd., Class A<br>| 347530 | 357636 |
| Zhejiang Semir <br> Garment Co. Ltd., <br> Class A<br>| 747199 | 568028 |
| Zhejiang Shaoxing <br> RuiFeng Rural <br> Commercial Bank <br> Co. Ltd., Class A<br>| 373900 | 288077 |
| Zhejiang Southeast <br> Space Frame Co. <br> Ltd., Class A<br>| 326700 | 213516 |
| Zhejiang Taihua New <br> Material Group Co. <br> Ltd., Class A<br>| 230500 | 286617 |
| Zhejiang Wanliyang <br> Co. Ltd., Class A<br>| 192341 | 243578 |
| Zhejiang Wanma Co. <br> Ltd., Class A<br>| 261800 | 661045 |
| Zhejiang Wansheng <br> Co. Ltd., Class A<br>| 126752 | 202008 |
| Zhejiang Weiming <br> Environment <br> Protection Co. Ltd., <br> Class A<br>| 202500 | 616145 |
| Zhejiang Xianju <br> Pharmaceutical Co. <br> Ltd., Class A<br>| 231800 | 308656 |
| Zhejiang Xinan <br> Chemical Industrial <br> Group Co. Ltd., <br> Class A<br>| 264528 | 374736 |
| Zhejiang Xinao <br> Textiles, Inc., <br> Class A<br>| 182940 | 205678 |
| Zhejiang Xinhua <br> Chemical Co. Ltd., <br> Class A<br>| 10500 | 43828 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | Zhejiang Yasha <br> Decoration Co. Ltd., <br> Class A<br>| 338200 | $191676 |
|  | Zhende Medical Co. <br> Ltd., Class A<br>| 30800 | 411518 |
|  | Zhenjiang Dongfang <br> Electric Heating <br> Technology Co. <br> Ltd., Class A<br>| 203500 | 154334 |
|  | Zheshang Securities <br> Co. Ltd., Class A<br>| 479500 | 783360 |
|  | Zhewen Interactive <br> Group Co. Ltd., <br> Class A<br>| 424700 | 521993 |
|  | Zhongshan Broad <br> Ocean Motor Co. <br> Ltd., Class A<br>| 484500 | 835058 |
|  | Zhongsheng Group <br> Holdings Ltd.<br>| 2846000 | 4492691 |
|  | Zhongtai Securities <br> Co. Ltd., Class A<br>| 941000 | 923478 |
| \*†† | Zhongtian Financial <br> Group Co. Ltd., <br> Class A<br>| 926500 | 0 |
|  | Zhongtong Bus <br> Holding Co. Ltd., <br> Class A<br>| 85500 | 141249 |
|  | ZhongYeDa Electric <br> Co. Ltd., Class A<br>| 139300 | 191551 |
|  | Zhongyuan <br> Environment-Protection <br> Co. Ltd., Class A<br>| 187400 | 231709 |
| #Ω | Zhou Hei Ya <br> International <br> Holdings Co. Ltd.<br>| 3008500 | 705893 |
|  | Zhuhai Huafa <br> Properties Co. Ltd., <br> Class A<br>| 523500 | 362089 |
|  | Zhuhai Port Co. Ltd., <br> Class A<br>| 167900 | 130203 |
|  | Zhuzhou CRRC Times <br> Electric Co. Ltd., <br> Class H<br>| 1184200 | 6018248 |
|  | Zhuzhou Kibing Group <br> Co. Ltd., Class A<br>| 833546 | 831913 |
|  | Zhuzhou Times New <br> Material Technology <br> Co. Ltd., Class A<br>| 213900 | 438923 |
|  | Zibo Qixiang Tengda <br> Chemical Co. Ltd., <br> Class A<br>| 495500 | 335088 |
| #Ω | ZJLD Group, Inc. | 118200 | 132822 |

---

1138

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) | CHINA — (Continued) |
|  | ZJMI Environmental <br> Energy Co. Ltd., <br> Class A<br>| 136403 | $271159 |
|  | ZMJ Group Co. Ltd., <br> Class H<br>| 1012800 | 2795819 |
|  | Zoomlion Heavy <br> Industry Science & <br> Technology Co. <br> Ltd., Class H<br>| 4245400 | 4099070 |
| # | ZTE Corp., Class H | 1121200 | 4735989 |
|  | ZTO Express <br> Cayman, Inc. (2057 <br> HK)<br>| 1240500 | 22885718 |
| TOTAL CHINA | TOTAL CHINA |  | 3730920930 |
| COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) |
|  | Cementos Argos SA | 131228 | 351333 |
| \* | Corp. Financiera <br> Colombiana SA<br>| 70470 | 333093 |
|  | Grupo Argos SA | 1163374 | 5251476 |
|  | Grupo de Inversiones <br> Suramericana SA<br>| 276811 | 3365104 |
|  | Mineros SA | 92237 | 325429 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 9626435 |
| CZECH REPUBLIC — (0.1%) | CZECH REPUBLIC — (0.1%) | CZECH REPUBLIC — (0.1%) | CZECH REPUBLIC — (0.1%) |
|  | CEZ AS | 14271 | 873936 |
|  | Komercni Banka AS | 277089 | 14174793 |
| Ω | Moneta Money Bank <br> AS<br>| 311067 | 2633027 |
| TOTAL CZECH <br> REPUBLIC | TOTAL CZECH <br> REPUBLIC |  | 17681756 |
| FRANCE — (0.0%) | FRANCE — (0.0%) | FRANCE — (0.0%) | FRANCE — (0.0%) |
|  | Carrefour SA, BDR | 230740 | 3659279 |
| GREECE — (0.6%) | GREECE — (0.6%) | GREECE — (0.6%) | GREECE — (0.6%) |
|  | Alpha Bank SA | 6758535 | 26494869 |
|  | Bank of Greece | 19140 | 326659 |
| # | ElvalHalcor SA | 35785 | 131892 |
|  | Fourlis Holdings SA | 7021 | 33208 |
|  | GEK Terna SA | 33471 | 893337 |
|  | Helleniq Energy <br> Holdings SA<br>| 347267 | 3054403 |
|  | Intracom Holdings SA | 263724 | 1015737 |
| \* | LAMDA Development <br> SA<br>| 7628 | 65063 |
|  | Motor Oil Hellas <br> Corinth Refineries <br> SA<br>| 131719 | 3947294 |
|  | National Bank of <br> Greece SA<br>| 336702 | 4949020 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) | GREECE — (Continued) |
|  | Piraeus Financial <br> Holdings SA<br>| 3886724 | $30356130 |
|  | Titan SA (TITC GA) | 57610 | 2579501 |
| TOTAL GREECE | TOTAL GREECE |  | 73847113 |
| HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) | HONG KONG — (0.0%) |
|  | Truly International <br> Holdings Ltd.<br>| 4554000 | 667489 |
| HUNGARY — (0.1%) | HUNGARY — (0.1%) | HUNGARY — (0.1%) | HUNGARY — (0.1%) |
|  | MOL Hungarian Oil & <br> Gas PLC<br>| 1820667 | 16016064 |
|  | OTP Bank Nyrt | 39987 | 3816975 |
|  | Richter Gedeon Nyrt | 645 | 19869 |
| TOTAL HUNGARY | TOTAL HUNGARY |  | 19852908 |
| INDIA — (16.6%) | INDIA — (16.6%) | INDIA — (16.6%) | INDIA — (16.6%) |
|  | Aarti Drugs Ltd. | 37610 | 207719 |
|  | Aarti Industries Ltd. | 59379 | 254662 |
|  | Aarti Pharmalabs Ltd. | 4095 | 39074 |
|  | ACC Ltd. | 235967 | 4990232 |
| \* | Adani Power Ltd. | 403425 | 716968 |
| \* | Aditya Birla Capital <br> Ltd.<br>| 1653183 | 6055097 |
|  | Advanced Enzyme <br> Technologies Ltd.<br>| 38547 | 133246 |
|  | AGI Greenpac Ltd. | 55009 | 509192 |
|  | Alembic Ltd. | 360019 | 403677 |
|  | Alembic <br> Pharmaceuticals <br> Ltd.<br>| 78798 | 797808 |
|  | Allcargo Logistics Ltd. | 1600297 | 618497 |
|  | Allied Digital Services <br> Ltd.<br>| 3592 | 7368 |
|  | Amara Raja Energy & <br> Mobility Ltd.<br>| 258191 | 2922119 |
|  | Ambuja Cements Ltd. | 1346803 | 8570364 |
|  | Andhra Sugars Ltd.  | 140898 | 129330 |
| \*Ω | Antony Waste <br> Handling Cell Ltd.<br>| 8251 | 50508 |
|  | Apollo Pipes Ltd. | 3561 | 12415 |
|  | Apollo Tyres Ltd. | 1851897 | 10451691 |
| \* | Arman Financial <br> Services Ltd.<br>| 1487 | 27387 |
|  | Arvind Ltd. | 924337 | 3332020 |
|  | Ashapura Minechem <br> Ltd.<br>| 15531 | 116393 |
| \* | Ashoka Buildcon Ltd. | 347982 | 804642 |
|  | Aurobindo Pharma <br> Ltd.<br>| 1045999 | 13478000 |
|  | Avanti Feeds Ltd. | 32366 | 254010 |
|  | Axis Bank Ltd. (AXSB <br> IN)<br>| 10198375 | 141470600 |

---

1139

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Bajaj Consumer Care <br> Ltd.<br>| 94823 | $295895 |
| \* | Bajaj Hindusthan <br> Sugar Ltd.<br>| 1123232 | 279218 |
|  | Bajaj Holdings & <br> Investment Ltd.<br>| 165906 | 23012960 |
|  | Balmer Lawrie & Co. <br> Ltd.<br>| 410440 | 931055 |
|  | Balrampur Chini Mills <br> Ltd.<br>| 709419 | 3661208 |
|  | Banco Products India <br> Ltd.<br>| 108138 | 864276 |
| Ω | Bandhan Bank Ltd. | 1349093 | 2375079 |
|  | Bank of Baroda | 4048927 | 12672784 |
|  | Bank of India | 1684055 | 2654738 |
|  | Bank of Maharashtra | 2670903 | 1777564 |
|  | BCL Industries Ltd. | 81509 | 36527 |
|  | Bhansali Engineering <br> Polymers Ltd.<br>| 175389 | 194757 |
|  | Bharat Bijlee Ltd. | 6466 | 220233 |
|  | Bharat Heavy <br> Electricals Ltd.<br>| 4277045 | 12729972 |
|  | Biocon Ltd. | 750486 | 3151511 |
|  | Birla Corp. Ltd. | 162296 | 2141484 |
|  | BirlaNu Ltd. | 8892 | 191593 |
|  | Birlasoft Ltd. | 289141 | 1207068 |
|  | Bliss Gvs Pharma <br> Ltd.<br>| 51377 | 90701 |
| \* | Bluspring Enterprises <br> Ltd.<br>| 45222 | 41047 |
|  | Bombay Burmah <br> Trading Co.<br>| 44493 | 993548 |
| \* | Brightcom Group Ltd. | 324038 | 49666 |
|  | BSE Ltd. | 55041 | 1538288 |
| \* | Camlin Fine Sciences <br> Ltd.<br>| 34902 | 76590 |
|  | Can Fin Homes Ltd. | 186583 | 1812045 |
|  | Canara Bank | 6645835 | 10225093 |
| \* | Capacit'e Infraprojects <br> Ltd.<br>| 104168 | 335045 |
|  | Caplin Point <br> Laboratories Ltd.<br>| 2700 | 61649 |
| \* | Cartrade Tech Ltd. | 20299 | 685451 |
|  | Ceat Ltd. | 140663 | 6379789 |
|  | Century Enka Ltd. | 36151 | 189088 |
|  | Chambal Fertilisers & <br> Chemicals Ltd.<br>| 899019 | 4868531 |
|  | Cholamandalam <br> Financial Holdings <br> Ltd.<br>| 406198 | 8709947 |
|  | CIE Automotive India <br> Ltd.<br>| 400706 | 1942256 |
|  | Cipla Ltd. | 790605 | 13370773 |
|  | City Union Bank Ltd. | 1272397 | 3229248 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | CMS Info Systems <br> Ltd.<br>| 17269 | $72423 |
|  | Confidence Petroleum <br> India Ltd.<br>| 11208 | 5234 |
|  | Container Corp. of <br> India Ltd.<br>| 410423 | 2528031 |
|  | Coromandel <br> International Ltd.<br>| 13873 | 333676 |
|  | Cosmo First Ltd. | 22877 | 213777 |
| \* | CreditAccess <br> Grameen Ltd.<br>| 8842 | 140429 |
| \* | CSB Bank Ltd. | 102214 | 477768 |
|  | Cyient Ltd. | 149463 | 1961198 |
|  | Dalmia Bharat Ltd. | 289944 | 6849333 |
| \* | Dalmia Bharat <br> Refractories Ltd.<br>| 799 | 0 |
|  | Dalmia Bharat Sugar <br> & Industries Ltd.<br>| 38535 | 150107 |
|  | Datamatics Global <br> Services Ltd.<br>| 1829 | 19224 |
|  | DB Corp. Ltd. | 160501 | 485170 |
|  | DCB Bank Ltd. | 991236 | 1764807 |
|  | DCM Shriram <br> Industries Ltd.<br>| 4862 | 9556 |
|  | DCM Shriram Ltd. | 211570 | 3058128 |
|  | DCW Ltd. | 355964 | 253693 |
|  | Deep Industries Ltd. | 15888 | 86455 |
|  | Deepak Fertilisers & <br> Petrochemicals <br> Corp. Ltd.<br>| 309410 | 5182532 |
| \* | Delhivery Ltd. | 82038 | 431032 |
|  | Delta Corp. Ltd. | 336051 | 294789 |
| \* | Dhampur Sugar Mills <br> Ltd.<br>| 95710 | 147051 |
| \* | Dhanlaxmi Bank Ltd. | 119029 | 35353 |
| \* | Digitide Solutions Ltd. | 45222 | 81138 |
| Ω | Dilip Buildcon Ltd. | 49099 | 273552 |
| \* | Dishman Carbogen <br> Amcis Ltd.<br>| 326616 | 1071894 |
|  | DLF Ltd. | 621310 | 5299573 |
|  | Dollar Industries Ltd. | 5707 | 22969 |
| # | Dr. Reddy's <br> Laboratories Ltd., <br> ADR<br>| 420830 | 5592831 |
|  | Dr. Reddy's <br> Laboratories Ltd. <br> (DRRD IN)<br>| 931600 | 12539099 |
|  | Dwarikesh Sugar <br> Industries Ltd.<br>| 195236 | 95522 |
|  | eClerx Services Ltd. | 15298 | 815059 |
|  | Edelweiss Financial <br> Services Ltd.<br>| 551989 | 704355 |
| \* | EID Parry India Ltd. | 507826 | 6150729 |

---

1140

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Electrosteel Castings <br> Ltd.<br>| 999250 | $1028072 |
|  | EPL Ltd. | 271090 | 615662 |
| \*Ω | Equitas Small Finance <br> Bank Ltd.<br>| 325660 | 209536 |
|  | Escorts Kubota Ltd. | 31899 | 1357792 |
| \* | Eureka Forbes Ltd. | 31891 | 199966 |
|  | Everest Kanto <br> Cylinder Ltd.<br>| 101861 | 166493 |
|  | Excel Industries Ltd. | 3247 | 40928 |
|  | Exide Industries Ltd. | 1130373 | 4864227 |
|  | FDC Ltd. | 119390 | 623439 |
|  | Federal Bank Ltd. | 9288269 | 24740434 |
| \* | Federal-Mogul Goetze <br> India Ltd.<br>| 6564 | 33942 |
|  | FIEM Industries Ltd. | 33685 | 790459 |
|  | Filatex India Ltd. | 697353 | 497199 |
|  | Finolex Cables Ltd. | 135598 | 1201321 |
|  | Finolex Industries Ltd. | 809824 | 1709227 |
|  | Firstsource Solutions <br> Ltd.<br>| 1225227 | 4884110 |
|  | Force Motors Ltd. | 9320 | 1857585 |
|  | Fortis Healthcare Ltd. | 662041 | 7637263 |
|  | G R Infraprojects Ltd. | 6898 | 90447 |
|  | Gabriel India Ltd. | 41512 | 593708 |
|  | GAIL India Ltd. (GAIL <br> IN)<br>| 7516829 | 15417116 |
|  | Galaxy Surfactants <br> Ltd.<br>| 495 | 12425 |
|  | Ganesh Housing Ltd. | 2599 | 24248 |
|  | Garware Hi-Tech <br> Films Ltd.<br>| 2885 | 110359 |
|  | Gateway Distriparks <br> Ltd.<br>| 1318343 | 949195 |
|  | Geojit Financial <br> Services Ltd.<br>| 17537 | 14621 |
|  | GHCL Ltd. | 326915 | 2344211 |
|  | GHCL Textiles Ltd. | 339043 | 295628 |
|  | GIC Housing Finance <br> Ltd.<br>| 73745 | 145282 |
| Ω | Gland Pharma Ltd. | 1886 | 40984 |
|  | Glenmark <br> Pharmaceuticals <br> Ltd.<br>| 796370 | 16957943 |
|  | Globus Spirits Ltd. | 8184 | 106928 |
|  | Godawari Power & <br> Ispat Ltd.<br>| 382430 | 1213399 |
|  | Godfrey Phillips India <br> Ltd.<br>| 172725 | 5993721 |
| \* | Godrej Industries Ltd. | 15719 | 196598 |
| \* | Godrej Properties Ltd. | 29904 | 769264 |
|  | Goldiam International <br> Ltd.<br>| 5357 | 21576 |
|  | Goodluck India Ltd. | 5303 | 75490 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Granules India Ltd. | 730982 | $4661616 |
|  | Graphite India Ltd. | 96088 | 673947 |
|  | Grasim Industries Ltd. | 890461 | 29066213 |
|  | Grauer & Weil India <br> Ltd.<br>| 82434 | 78687 |
|  | Great Eastern <br> Shipping Co. Ltd. <br>| 503782 | 6228125 |
|  | Greaves Cotton Ltd. | 50011 | 128282 |
|  | Greenpanel Industries <br> Ltd.<br>| 29507 | 95097 |
|  | Gujarat Alkalies & <br> Chemicals Ltd.<br>| 122273 | 787439 |
|  | Gujarat Ambuja <br> Exports Ltd.<br>| 632836 | 751752 |
|  | Gujarat <br> Fluorochemicals <br> Ltd.<br>| 15590 | 657583 |
|  | Gujarat Mineral <br> Development Corp. <br> Ltd.<br>| 382949 | 2555035 |
|  | Gujarat Narmada <br> Valley Fertilizers & <br> Chemicals Ltd.<br>| 402037 | 2273924 |
|  | Gujarat Pipavav Port <br> Ltd.<br>| 1070950 | 2009831 |
|  | Gujarat State <br> Fertilizers & <br> Chemicals Ltd.<br>| 1172501 | 2518941 |
|  | Gujarat State Petronet <br> Ltd.<br>| 1318554 | 4592936 |
| \* | Hathway Cable & <br> Datacom Ltd.<br>| 1316156 | 204884 |
|  | HDFC Bank Ltd. | 13820282 | 153766688 |
|  | HEG Ltd. | 260452 | 1727025 |
|  | HeidelbergCement <br> India Ltd.<br>| 316649 | 698617 |
|  | Hero MotoCorp Ltd. <br> (HMCL IN)<br>| 232749 | 14543986 |
|  | HFCL Ltd. | 306547 | 253395 |
|  | HG Infra Engineering <br> Ltd.<br>| 16921 | 175184 |
|  | Hikal Ltd. | 204638 | 550700 |
|  | Himadri Speciality <br> Chemical Ltd.<br>| 265791 | 1437066 |
|  | Himatsingka Seide <br> Ltd.<br>| 132863 | 185515 |
|  | Hindalco Industries <br> Ltd.<br>| 5483147 | 52368151 |
|  | Hinduja Global <br> Solutions Ltd.<br>| 89011 | 520625 |
|  | HPL Electric & Power <br> Ltd.<br>| 4037 | 20124 |
|  | Huhtamaki India Ltd. | 17392 | 47732 |

---

1141

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | ICICI Bank Ltd. (IBN <br> US), Sponsored <br> ADR<br>| 804919 | $24389042 |
|  | IDFC First Bank Ltd. | 14791456 | 13607836 |
|  | IIFL Capital Services <br> Ltd.<br>| 922060 | 3563776 |
| \* | IIFL Finance Ltd. | 753486 | 4536640 |
| \* | India Cements Ltd. | 178846 | 808453 |
|  | India Glycols Ltd. | 151544 | 1649638 |
|  | India Nippon <br> Electricals Ltd.<br>| 6634 | 71723 |
|  | India Pesticides Ltd. | 6445 | 13764 |
|  | Indian Bank | 606492 | 5866875 |
|  | Indian Hume Pipe Co. <br> Ltd.<br>| 1970 | 7931 |
|  | Indian Metals & Ferro <br> Alloys Ltd.<br>| 10223 | 138240 |
|  | Indo Count Industries <br> Ltd.<br>| 272105 | 872697 |
|  | Indoco Remedies Ltd. | 11599 | 36634 |
| \*Ω | IndoStar Capital <br> Finance Ltd.<br>| 23848 | 66663 |
| \* | Indus Towers Ltd. | 4384006 | 17987538 |
| \* | IndusInd Bank Ltd. | 1470462 | 13159590 |
| \* | Infibeam Avenues <br> Ltd.<br>| 2852144 | 581356 |
|  | Info Edge India Ltd. | 691742 | 10707918 |
| \* | Inox Green Energy <br> Services Ltd.<br>| 104736 | 315797 |
| \* | Insecticides India Ltd. | 6527 | 53241 |
|  | IOL Chemicals & <br> Pharmaceuticals <br> Ltd.<br>| 515245 | 535908 |
|  | Ipca Laboratories Ltd. | 38656 | 552900 |
| Ω | IRCON International <br> Ltd.<br>| 616627 | 1176408 |
|  | J Kumar Infraprojects <br> Ltd.<br>| 207810 | 1548050 |
|  | Jagran Prakashan <br> Ltd.<br>| 403692 | 329759 |
|  | Jai Corp. Ltd. | 50855 | 94473 |
| \* | Jain Irrigation <br> Systems Ltd.<br>| 483685 | 279480 |
|  | Jammu & Kashmir <br> Bank Ltd. <br>| 1487514 | 1777219 |
|  | Jindal Drilling & <br> Industries Ltd.<br>| 13411 | 86663 |
|  | Jindal Poly Films Ltd. | 54978 | 351398 |
|  | Jindal Saw Ltd. | 1654734 | 3271159 |
|  | Jindal Stainless Ltd. | 748441 | 6353471 |
|  | Jindal Steel Ltd. | 1874429 | 22537943 |
|  | Jio Financial Services <br> Ltd.<br>| 9844822 | 34059201 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | JK Lakshmi Cement <br> Ltd.<br>| 252895 | $2479152 |
|  | JK Paper Ltd. | 431544 | 1939849 |
|  | JK Tyre & Industries <br> Ltd.<br>| 610769 | 2964339 |
|  | JM Financial Ltd. | 2405311 | 4435598 |
|  | JSW Energy Ltd. | 673885 | 4005381 |
|  | JSW Steel Ltd. | 3636311 | 49463099 |
|  | Jubilant Ingrevia Ltd. | 70566 | 548118 |
|  | Jubilant Pharmova <br> Ltd.<br>| 415989 | 5105419 |
| \* | Just Dial Ltd. | 55609 | 483678 |
|  | Kalpataru Projects <br> International Ltd.<br>| 438602 | 6201049 |
|  | Kalyani Steels Ltd. | 92366 | 901751 |
|  | Karnataka Bank Ltd.  | 1019469 | 2060510 |
|  | Karur Vysya Bank Ltd. <br>| 2817794 | 7730507 |
|  | Kaveri Seed Co. Ltd. | 86035 | 1009798 |
|  | KCP Ltd.  | 123867 | 284623 |
| \* | Kellton Tech Solutions <br> Ltd.<br>| 531660 | 131352 |
|  | Kirloskar Ferrous <br> Industries Ltd.<br>| 22923 | 132621 |
|  | Kirloskar Oil Engines <br> Ltd.<br>| 247039 | 2780069 |
|  | Kitex Garments Ltd. | 86430 | 203110 |
|  | KNR Constructions <br> Ltd.<br>| 633622 | 1295583 |
| \* | Kolte-Patil Developers <br> Ltd.<br>| 100381 | 484431 |
|  | Kotak Mahindra Bank <br> Ltd.<br>| 318026 | 7545476 |
|  | KRBL Ltd. | 224126 | 942695 |
|  | Krsnaa Diagnostics <br> Ltd.<br>| 10056 | 87924 |
|  | L&T Finance Ltd. | 2844416 | 8665146 |
|  | Larsen & Toubro Ltd. | 1196955 | 54272084 |
|  | Laxmi Organic <br> Industries Ltd.<br>| 17498 | 38464 |
|  | LG Balakrishnan & <br> Bros Ltd.<br>| 55809 | 892458 |
|  | LIC Housing Finance <br> Ltd.<br>| 1692894 | 10910918 |
|  | LT Foods Ltd. | 805429 | 3813363 |
|  | Lupin Ltd. | 470035 | 10439916 |
|  | LUX Industries Ltd. | 4466 | 64320 |
|  | Maharashtra <br> Seamless Ltd.<br>| 294087 | 1883635 |
|  | Mahindra & Mahindra <br> Financial Services <br> Ltd.<br>| 2843514 | 10103114 |
|  | Mahindra & Mahindra <br> Ltd.<br>| 1903138 | 74805403 |

---

1142

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Mahindra Lifespace <br> Developers Ltd.<br>| 23325 | $101483 |
|  | Maithan Alloys Ltd. | 22953 | 285815 |
| \* | Man Industries India <br> Ltd.<br>| 30730 | 142746 |
|  | Manali Petrochemicals <br> Ltd.<br>| 16892 | 14066 |
|  | Manappuram Finance <br> Ltd.<br>| 2320125 | 7074625 |
|  | Marksans Pharma <br> Ltd.<br>| 1023538 | 2109373 |
|  | Maruti Suzuki India <br> Ltd.<br>| 68330 | 12420123 |
| Ω | MAS Financial <br> Services Ltd.<br>| 41712 | 143271 |
|  | Mastek Ltd. | 23375 | 562917 |
| \* | Max Estates Ltd. | 3908 | 20630 |
|  | Mayur Uniquoters <br> Ltd.<br>| 31030 | 188288 |
| \* | Meghmani Organics <br> Ltd.<br>| 522288 | 474692 |
|  | MM Forgings Ltd. | 4761 | 16613 |
|  | MOIL Ltd. | 342354 | 1410086 |
|  | Mold-Tek Packaging <br> Ltd.<br>| 3575 | 27929 |
|  | Monte Carlo Fashions <br> Ltd.<br>| 32064 | 252774 |
|  | Morepen Laboratories <br> Ltd.<br>| 267822 | 143564 |
|  | Motilal Oswal <br> Financial Services <br> Ltd.<br>| 4625 | 50847 |
|  | MRF Ltd. | 7821 | 13912735 |
|  | Muthoot Finance Ltd. | 102035 | 3670075 |
|  | Natco Pharma Ltd. | 133104 | 1228178 |
|  | National Aluminium <br> Co. Ltd.<br>| 4301911 | 11325651 |
|  | National Fertilizers <br> Ltd.<br>| 473637 | 499083 |
|  | Nava Ltd. | 659778 | 4597443 |
|  | Navneet Education <br> Ltd.<br>| 99277 | 180296 |
|  | NCC Ltd. | 2173014 | 5209069 |
|  | NESCO Ltd. | 33043 | 510643 |
|  | Neuland Laboratories <br> Ltd.<br>| 3163 | 589208 |
|  | NIIT Learning <br> Systems Ltd.<br>| 433276 | 1599735 |
|  | NIIT Ltd. | 427275 | 501634 |
|  | Nilkamal Ltd. | 35747 | 607798 |
|  | NMDC Ltd. | 10397661 | 8859647 |
| \* | NMDC Steel Ltd. | 2233783 | 1079658 |
|  | NOCIL Ltd. | 380975 | 793086 |
|  | NRB Bearings Ltd. | 106464 | 328249 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Nucleus Software <br> Exports Ltd.<br>| 20834 | $236190 |
| \* | Nuvoco Vistas Corp. <br> Ltd.<br>| 11939 | 55622 |
|  | Oberoi Realty Ltd. | 250645 | 5014774 |
| \* | Onesource Specialty <br> Pharma Ltd.<br>| 145678 | 3034317 |
|  | Orient Cement Ltd. | 418372 | 1009297 |
| \* | Orient Green Power <br> Co. Ltd.<br>| 1105168 | 174442 |
|  | Panama Petrochem <br> Ltd.<br>| 61017 | 183357 |
| Ω | Parag Milk Foods Ltd., <br> Class F<br>| 88474 | 309717 |
| \* | Patel Engineering <br> Ltd.<br>| 1205074 | 506385 |
| \* | PC Jeweller Ltd. | 611488 | 80145 |
|  | PCBL Chemical Ltd. | 777718 | 3168539 |
|  | PDS Ltd. | 3020 | 12629 |
| \* | Pennar Industries Ltd. | 110596 | 325500 |
|  | Petronet LNG Ltd. | 3739500 | 11838857 |
| \* | Piramal Finance Ltd. | 281593 | 3566097 |
|  | Piramal Pharma Ltd. | 1687208 | 3812939 |
| Ω | PNB Housing Finance <br> Ltd.<br>| 512667 | 5362402 |
|  | PNC Infratech Ltd. | 384557 | 1214263 |
|  | Pokarna Ltd. | 1170 | 11990 |
|  | Polyplex Corp. Ltd. | 110369 | 1186933 |
|  | Power Finance Corp. <br> Ltd.<br>| 6354839 | 28836939 |
|  | Power Mech Projects <br> Ltd.<br>| 13818 | 387426 |
|  | Prakash Industries <br> Ltd.<br>| 479174 | 884735 |
| Ω | Prataap Snacks Ltd. | 3176 | 39213 |
|  | Prestige Estates <br> Projects Ltd.<br>| 408881 | 8063971 |
| \* | PSP Projects Ltd. | 5275 | 54726 |
| \* | PTC India Financial <br> Services Ltd.<br>| 1210243 | 495718 |
|  | PTC India Ltd. | 1137852 | 2152666 |
|  | Punjab National Bank | 6093734 | 8427517 |
| \* | PVR Inox Ltd. | 30550 | 413471 |
| Ω | Quess Corp. Ltd. | 45222 | 122084 |
|  | Rain Industries Ltd. | 816742 | 1227080 |
|  | Rallis India Ltd. | 368604 | 1071558 |
|  | Ramco Cements Ltd. | 116351 | 1358918 |
|  | Ramco Industries Ltd. | 94039 | 372872 |
| \* | Ramky Infrastructure <br> Ltd.<br>| 8885 | 63378 |
|  | Rane Holdings Ltd. | 4370 | 75851 |
|  | Rashtriya Chemicals <br> & Fertilizers Ltd.<br>| 975347 | 1636072 |

---

1143

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | RattanIndia Power <br> Ltd.<br>| 1191011 | $146512 |
| \* | Raymond Lifestyle <br> Ltd.<br>| 133014 | 1769817 |
| \* | Raymond Ltd. | 166268 | 1077932 |
| \* | Raymond Realty Ltd. | 166268 | 1156705 |
| Ω | RBL Bank Ltd. | 1770101 | 6498329 |
|  | REC Ltd. | 7570054 | 31971412 |
|  | Redington Ltd. | 3478812 | 9960216 |
|  | Redtape Ltd. | 196059 | 300326 |
|  | Reliance Industries <br> Ltd. (RIL IN)<br>| 21851121 | 365778920 |
| \* | Reliance Power Ltd. | 8487744 | 4410888 |
|  | Repco Home Finance <br> Ltd.<br>| 207686 | 977376 |
|  | Rhi Magnesita India <br> Ltd.<br>| 13368 | 72267 |
|  | Rico Auto Industries <br> Ltd.<br>| 179552 | 168320 |
|  | RITES Ltd. | 119262 | 329025 |
|  | Rossari Biotech Ltd. | 7039 | 50710 |
|  | Route Mobile Ltd. | 4340 | 34845 |
| \* | RPSG Ventures Ltd. | 5503 | 50944 |
|  | Samvardhana <br> Motherson <br> International Ltd.<br>| 13142964 | 15594780 |
|  | Sandhar Technologies <br> Ltd.<br>| 18785 | 108109 |
|  | Sandur Manganese & <br> Iron Ores Ltd.<br>| 31329 | 76351 |
|  | Sanghvi Movers Ltd. | 19196 | 85601 |
|  | Sarda Energy & <br> Minerals Ltd.<br>| 200161 | 1192938 |
|  | Sasken Technologies <br> Ltd.<br>| 7505 | 116107 |
| \* | Satin Creditcare <br> Network Ltd.<br>| 17437 | 30768 |
|  | Savita Oil <br> Technologies Ltd.<br>| 19237 | 85873 |
|  | Seshasayee Paper & <br> Boards Ltd.<br>| 83170 | 239288 |
| Ω | SH Kelkar & Co. Ltd. | 106844 | 265460 |
|  | Shankara Building <br> Products Ltd.<br>| 2848 | 4490 |
|  | Shankara Buildpro <br> Ltd.<br>| 8436 | 69895 |
|  | Sharda Cropchem <br> Ltd.<br>| 63237 | 616038 |
| \* | Sheela Foam Ltd. | 7705 | 60362 |
|  | Shilpa Medicare Ltd. | 5758 | 22809 |
|  | Shipping Corp. of <br> India Land & Assets <br> Ltd.<br>| 839608 | 482189 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Shipping Corp. of <br> India Ltd.<br>| 866425 | $2527585 |
|  | Shree Cement Ltd. | 1128 | 359705 |
|  | Shriram Finance Ltd. | 4806255 | 40666449 |
|  | Shriram Pistons & <br> Rings Ltd.<br>| 1349 | 39689 |
|  | Shyam Metalics & <br> Energy Ltd.<br>| 12216 | 121272 |
|  | Siyaram Silk Mills <br> Ltd.<br>| 34822 | 295692 |
|  | Sobha Ltd. | 47950 | 874285 |
|  | Somany Ceramics <br> Ltd.<br>| 6442 | 33077 |
|  | South Indian Bank <br> Ltd.<br>| 6471133 | 2681658 |
|  | SP Apparels Ltd. | 1135 | 9473 |
| \* | Spandana Sphoorty <br> Financial Ltd.<br>| 20810 | 48608 |
|  | Star Cement Ltd. | 115266 | 332198 |
|  | State Bank of India <br> (SBIN IN)<br>| 7873800 | 83171666 |
|  | State Bank of India <br> (SBKFF US), GDR<br>| 19590 | 2076540 |
|  | Steel Authority of India <br> Ltd.<br>| 3994477 | 6136774 |
|  | Strides Pharma <br> Science Ltd.<br>| 331007 | 3469726 |
|  | Sun Pharmaceutical <br> Industries Ltd. <br> (SUNP IN)<br>| 1617777 | 30844890 |
|  | Sun TV Network Ltd. | 346963 | 2192733 |
|  | Sundaram-Clayton <br> Ltd.<br>| 702 | 11797 |
|  | Sunflag Iron & Steel <br> Co. Ltd.<br>| 59174 | 178419 |
|  | Sunteck Realty Ltd. | 173757 | 864239 |
|  | Surya Roshni Ltd. | 309920 | 1025182 |
| \* | Suryoday Small <br> Finance Bank Ltd.<br>| 19566 | 33546 |
|  | Swelect Energy <br> Systems Ltd.<br>| 1123 | 10119 |
|  | TAJGVK Hotels & <br> Resorts Ltd.<br>| 7970 | 37757 |
|  | Talbros Automotive <br> Components Ltd.<br>| 9744 | 32061 |
|  | Tamil Nadu Newsprint <br> & Papers Ltd.<br>| 49367 | 86722 |
|  | Tamilnad Mercantile <br> Bank Ltd.<br>| 2918 | 16222 |
| \* | TARC Ltd. | 108617 | 191603 |
|  | Tata Chemicals Ltd. | 757897 | 7610799 |
|  | Tata Consumer <br> Products Ltd.<br>| 596334 | 7809617 |
| \* | Tata Motors Ltd./new | 4118422 | 12097143 |

---

1144

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
|  | Tata Motors <br> Passenger Vehicles <br> Ltd.<br>| 4118422 | $19013344 |
|  | Tata Steel Ltd. | 25119759 | 51713824 |
|  | Tech Mahindra Ltd. | 67222 | 1077184 |
|  | Techno Electric & <br> Engineering Co. <br> Ltd.<br>| 33888 | 507332 |
| \*†† | Teledata Marine <br> Solutions Ltd.<br>| 267258 | 0 |
|  | Texmaco Rail & <br> Engineering Ltd.<br>| 22100 | 33996 |
|  | Thirumalai Chemicals <br> Ltd.<br>| 63522 | 202381 |
|  | Thomas Cook India <br> Ltd.<br>| 42271 | 76231 |
|  | Time Technoplast Ltd. | 1385626 | 3368763 |
|  | Tourism Finance Corp. <br> of India Ltd.<br>| 230580 | 181494 |
| \* | TransIndia Real <br> Estate Ltd.<br>| 5931 | 1930 |
|  | Transport Corp. of <br> India Ltd.<br>| 126919 | 1711909 |
|  | Trident Ltd. | 1518092 | 488771 |
|  | Triveni Engineering & <br> Industries Ltd.<br>| 485353 | 1955705 |
|  | TVS Srichakra Ltd. | 8381 | 390550 |
|  | Uflex Ltd. | 196398 | 1196714 |
| \* | Ugro Capital Ltd. | 12338 | 25397 |
| \*Ω | Ujjivan Small Finance <br> Bank Ltd.<br>| 954037 | 557829 |
| \* | Unichem Laboratories <br> Ltd.<br>| 148098 | 789077 |
|  | Union Bank of India <br> Ltd.<br>| 1395941 | 2332383 |
|  | Universal Cables Ltd. | 1218 | 10078 |
|  | UPL Ltd. | 1608696 | 13010658 |
|  | Usha Martin Ltd. | 393840 | 2047720 |
|  | VA Tech Wabag Ltd. | 179786 | 2855713 |
|  | Vaibhav Global Ltd. | 23806 | 71720 |
|  | Vardhman Textiles <br> Ltd.<br>| 702522 | 3472379 |
| \* | Vascon Engineers <br> Ltd.<br>| 14316 | 10745 |
|  | Vedanta Ltd. | 1922301 | 10687946 |
|  | Veedol Corp. Ltd. | 12943 | 257790 |
|  | Venky's India Ltd. | 18549 | 315747 |
|  | Vindhya Telelinks Ltd. | 23855 | 365004 |
|  | Vishnu Chemicals <br> Ltd.<br>| 8290 | 48379 |
| \* | Vishnu Prakash R <br> Punglia Ltd.<br>| 5590 | 5745 |
| \* | VL E-Governance & <br> IT Solutions Ltd.<br>| 9187 | 2480 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) | INDIA — (Continued) |
| \* | Vodafone Idea Ltd. | 4085048 | $401367 |
|  | Voltamp Transformers <br> Ltd.<br>| 1334 | 111646 |
|  | VST Industries Ltd. | 3902 | 11459 |
|  | Welspun Corp. Ltd. | 639903 | 6943900 |
|  | Welspun Enterprises <br> Ltd.<br>| 401655 | 2534522 |
|  | Welspun Living Ltd. | 973361 | 1415816 |
|  | West Coast Paper <br> Mills Ltd.<br>| 190670 | 974840 |
|  | Wheels India Ltd. | 989 | 9988 |
|  | Wipro Ltd. | 8252206 | 22369872 |
| \* | Wockhardt Ltd. | 57359 | 826092 |
| \* | Yes Bank Ltd. | 24882852 | 6382889 |
|  | Zee Entertainment <br> Enterprises Ltd.<br>| 2853525 | 3224271 |
|  | Zensar Technologies <br> Ltd.<br>| 308505 | 2763710 |
|  | Zydus Lifesciences <br> Ltd.<br>| 274482 | 3020782 |
|  | Zydus Wellness Ltd. | 91744 | 493460 |
| TOTAL INDIA | TOTAL INDIA |  | 2206085418 |
| INDONESIA — (1.3%) | INDONESIA — (1.3%) | INDONESIA — (1.3%) | INDONESIA — (1.3%) |
|  | ABM Investama Tbk. <br> PT<br>| 1807300 | 321546 |
|  | Adi Sarana Armada <br> Tbk. PT<br>| 4537700 | 290339 |
| \* | Alam Sutera Realty <br> Tbk. PT<br>| 34568500 | 336433 |
|  | Alamtri Minerals <br> Indonesia Tbk. PT<br>| 9068300 | 760103 |
|  | Alamtri Resources <br> Indonesia Tbk. PT<br>| 67881600 | 7684634 |
|  | Aneka Tambang Tbk. <br> PT<br>| 29676200 | 5520000 |
|  | Aspirasi Hidup <br> Indonesia Tbk. PT<br>| 29822600 | 795733 |
|  | Astra Agro Lestari <br> Tbk. PT<br>| 2427366 | 1138882 |
|  | Astra International <br> Tbk. PT<br>| 81295400 | 30060055 |
|  | Astra Otoparts Tbk. <br> PT<br>| 2237900 | 343267 |
| \*†† | Bakrie Telecom Tbk. <br> PT<br>| 160430200 | 0 |
|  | Bank BTPN Syariah <br> Tbk. PT<br>| 4143200 | 341020 |
|  | Bank Negara <br> Indonesia Persero <br> Tbk. PT<br>| 36883382 | 9694216 |
|  | Bank OCBC Nisp Tbk. <br> PT<br>| 6499200 | 537027 |

---

1145

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Bank Pan Indonesia <br> Tbk. PT<br>| 45098101 | $2796381 |
|  | Bank Pembangunan <br> Daerah Jawa Barat <br> Dan Banten Tbk. <br> PT<br>| 13220784 | 639974 |
|  | Bank Pembangunan <br> Daerah Jawa Timur <br> Tbk. PT<br>| 14974500 | 490684 |
|  | Bank Tabungan <br> Negara Persero <br> Tbk. PT<br>| 26825915 | 1972554 |
|  | BFI Finance Indonesia <br> Tbk. PT<br>| 3167900 | 153181 |
|  | BISI International Tbk. <br> PT<br>| 9253500 | 494961 |
|  | Blue Bird Tbk. PT | 497500 | 52954 |
| \* | Buana Lintas Lautan <br> Tbk. PT<br>| 42133600 | 551238 |
| \* | Bukalapak.com Tbk. <br> PT<br>| 101124100 | 1021593 |
|  | Bukit Asam Tbk. PT | 19826900 | 2859534 |
| \* | Buma Internasional <br> Grup Tbk. PT<br>| 16397000 | 336788 |
| \* | Bumi Resources <br> Minerals Tbk. PT<br>| 93870800 | 5186093 |
| \* | Bumi Resources Tbk. <br> PT<br>| 210607600 | 1795965 |
| \* | Bumi Serpong Damai <br> Tbk. PT<br>| 17391900 | 1022490 |
|  | Ciputra Development <br> Tbk. PT<br>| 58089578 | 3085815 |
|  | Dayamitra <br> Telekomunikasi PT<br>| 41026000 | 1381129 |
|  | Dharma Satya <br> Nusantara Tbk. PT<br>| 14424900 | 1636723 |
|  | Elang Mahkota <br> Teknologi Tbk. PT<br>| 38668400 | 2748494 |
|  | Elnusa Tbk. PT | 18387300 | 564362 |
| \* | Energi Mega Persada <br> Tbk. PT<br>| 25065500 | 1243733 |
|  | Erajaya Swasembada <br> Tbk. PT<br>| 48693800 | 1240577 |
|  | ESSA Industries <br> Indonesia Tbk. PT<br>| 20550500 | 759554 |
|  | Gajah Tunggal Tbk. <br> PT<br>| 8135800 | 508866 |
|  | Gudang Garam Tbk. <br> PT<br>| 1830000 | 1904273 |
| \* | Harum Energy Tbk. <br> PT<br>| 5184100 | 364353 |
|  | Indah Kiat Pulp & <br> Paper Tbk. PT<br>| 13993200 | 6258239 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Indika Energy Tbk. <br> PT<br>| 8454400 | $1061257 |
|  | Indo Tambangraya <br> Megah Tbk. PT<br>| 2257000 | 3187349 |
|  | Indocement Tunggal <br> Prakarsa Tbk. PT<br>| 4349100 | 1632581 |
|  | Indofood Sukses <br> Makmur Tbk. PT<br>| 24262000 | 10796954 |
|  | Japfa Comfeed <br> Indonesia Tbk. PT<br>| 29679450 | 4473224 |
|  | Jaya Real Property <br> Tbk. PT<br>| 43375300 | 2240660 |
|  | Kawasan Industri <br> Jababeka Tbk. PT<br>| 140107456 | 1607628 |
|  | KMI Wire & Cable <br> Tbk. PT<br>| 8024000 | 160225 |
| \* | Lippo Karawaci Tbk. <br> PT<br>| 57141462 | 305719 |
|  | Medco Energi <br> Internasional Tbk. <br> PT<br>| 37057632 | 2965406 |
| \* | Media Nusantara Citra <br> Tbk. PT<br>| 32455300 | 522832 |
| \* | Merdeka Battery <br> Materials Tbk. PT<br>| 47750000 | 1804219 |
|  | Metrodata Electronics <br> Tbk. PT<br>| 5843050 | 214199 |
|  | Mitra Adiperkasa Tbk. <br> PT<br>| 14309800 | 1108427 |
|  | Mitra Pinasthika <br> Mustika Tbk. PT<br>| 5317000 | 310042 |
|  | Pabrik Kertas Tjiwi <br> Kimia Tbk. PT<br>| 4827100 | 2021214 |
|  | Pakuwon Jati Tbk. PT | 32160400 | 710692 |
| \* | Panin Financial Tbk. <br> PT<br>| 65508700 | 944463 |
| \* | Paninvest Tbk. PT | 6451100 | 312276 |
|  | Perusahaan <br> Perkebunan London <br> Sumatra Indonesia <br> Tbk. PT<br>| 13522984 | 1141489 |
| \* | PP Persero Tbk. PT | 11622400 | 266662 |
|  | Puradelta Lestari Tbk. <br> PT<br>| 5891800 | 47071 |
|  | Salim Ivomas Pratama <br> Tbk. PT<br>| 10218600 | 383401 |
|  | Sampoerna Agro Tbk. <br> PT<br>| 4447941 | 1343510 |
|  | Samudera Indonesia <br> Tbk. PT<br>| 19507400 | 370756 |
| \* | Sarana Meditama <br> Metropolitan Tbk. <br> PT<br>| 563000 | 10300 |

---

1146

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) | INDONESIA — (Continued) |
|  | Sarana Menara <br> Nusantara Tbk. PT<br>| 18879100 | $617879 |
|  | Sawit Sumbermas <br> Sarana Tbk. PT<br>| 1637100 | 158440 |
|  | Semen Indonesia <br> Persero Tbk. PT<br>| 13105351 | 2171181 |
| \* | Siloam International <br> Hospitals Tbk. PT<br>| 723800 | 94390 |
| \*†† | Sri Rejeki Isman Tbk. <br> PT<br>| 63289500 | 0 |
|  | Sumber Tani Agung <br> Resources Tbk. PT<br>| 725000 | 60636 |
|  | Summarecon Agung <br> Tbk. PT<br>| 48526600 | 1141986 |
|  | Surya Citra Media <br> Tbk. PT<br>| 25469500 | 516501 |
|  | Surya Semesta <br> Internusa Tbk. PT<br>| 26219100 | 2456334 |
| \*†† | Suryainti Permata <br> Tbk. PT<br>| 17378000 | 0 |
|  | Tempo Scan Pacific <br> Tbk. PT<br>| 1453500 | 249063 |
|  | Timah Tbk. PT | 11851400 | 1901475 |
| \*†† | Trada Alam Minera <br> Tbk. PT<br>| 188544700 | 0 |
|  | Trias Sentosa Tbk. <br> PT<br>| 303100 | 8699 |
|  | Trimegah Bangun <br> Persada Tbk. PT<br>| 10687700 | 803246 |
|  | Triputra Agro Persada <br> PT<br>| 5288700 | 598195 |
|  | Tunas Baru Lampung <br> Tbk. PT<br>| 12439500 | 557053 |
|  | Unggul Indah Cahaya <br> Tbk. PT<br>| 288335 | 154236 |
|  | United Tractors Tbk. <br> PT<br>| 8116500 | 13123387 |
|  | Vale Indonesia Tbk. <br> PT<br>| 9732019 | 2776853 |
| \*†† | Waskita Karya <br> Persero Tbk. PT<br>| 25152582 | 57293 |
| \*†† | Wijaya Karya Persero <br> Tbk. PT<br>| 11988700 | 55149 |
|  | XLSMART Telecom <br> Sejahtera Tbk. PT<br>| 24131903 | 3785953 |
| TOTAL INDONESIA | TOTAL INDONESIA |  | 170124268 |
| KUWAIT — (0.6%) | KUWAIT — (0.6%) | KUWAIT — (0.6%) | KUWAIT — (0.6%) |
|  | A'ayan Leasing & <br> Investment Co. <br> KSCP<br>| 3414725 | 2363502 |
| \* | Acico Industries Co. <br> KSC<br>| 986235 | 1151402 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
|  | Agility Public <br> Warehousing Co. <br> KSC<br>| 6638111 | $3260151 |
|  | Al Ahli Bank of Kuwait <br> KSCP<br>| 2652514 | 2487457 |
|  | Al-Eid Food KSC | 408269 | 287485 |
|  | Arzan Financial Group <br> for Financing & <br> Investment KPSC<br>| 4016034 | 5156195 |
|  | Beyout Holding Co. <br> KPSC<br>| 43124 | 62005 |
|  | Boubyan <br> Petrochemicals Co. <br> KSCP<br>| 1627525 | 3256530 |
|  | Burgan Bank SAK | 2957356 | 2279994 |
|  | Combined Group <br> Contracting Co. <br> SAK<br>| 363249 | 1248151 |
|  | Gulf Bank KSCP | 10525102 | 12025105 |
|  | Gulf Cables & <br> Electrical Industries <br> Group Co. KSCP<br>| 202159 | 1479848 |
|  | Heavy Engineering & <br> Ship Building Co. <br> KSCP<br>| 142823 | 440381 |
|  | Integrated Holding Co. <br> KCSC<br>| 389200 | 685835 |
|  | KAMCO Investment <br> Co. KSC<br>| 124198 | 72426 |
|  | Kuwait Cement Co. <br> KSC<br>| 165971 | 192052 |
|  | Kuwait International <br> Bank KSCP<br>| 4703736 | 4101029 |
|  | Kuwait Investment Co. <br> SAK<br>| 422012 | 345568 |
|  | Mezzan Holding Co. <br> KSCC<br>| 247280 | 961151 |
|  | Mobile <br> Telecommunications <br> Co. KSCP<br>| 8618229 | 14894126 |
| \* | Munshaat Real Estate <br> Projects Co. KSCP<br>| 33808 | 25095 |
|  | National Bank of <br> Kuwait SAKP<br>| 2199206 | 7531723 |
| \* | National Consumer <br> Holding Co. SAK<br>| 1177523 | 448395 |
|  | National Industries <br> Group Holding SAK<br>| 6624807 | 6283729 |
|  | National Investments <br> Co. KSCP<br>| 2103364 | 2328251 |
|  | Oula Fuel Marketing <br> Co.<br>| 117858 | 116983 |

---

1147

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) | KUWAIT — (Continued) |
|  | Specialities Group <br> Holding Co. KSCC<br>| 442470 | $255112 |
| \* | Warba Bank KSCP | 11095382 | 10485181 |
| TOTAL KUWAIT | TOTAL KUWAIT |  | 84224862 |
| MALAYSIA — (1.3%) | MALAYSIA — (1.3%) | MALAYSIA — (1.3%) | MALAYSIA — (1.3%) |
| # | Aeon Co. M Bhd. | 2052800 | 617259 |
| # | AEON Credit Service <br> M Bhd.<br>| 177800 | 223346 |
| #\* | AFFIN Bank Bhd. | 8228449 | 4500052 |
|  | Alliance Bank <br> Malaysia Bhd.<br>| 5503964 | 5775686 |
|  | Allianz Malaysia Bhd. | 117200 | 502557 |
|  | AMMB Holdings Bhd. <br> (AMM MK)<br>| 7834962 | 10657284 |
| # | Axiata Group Bhd. | 5873900 | 3522355 |
| # | Bank Islam Malaysia <br> Bhd.<br>| 1797507 | 944298 |
|  | Batu Kawan Bhd. | 1621150 | 7434845 |
| \* | Berjaya Corp. Bhd. | 13034214 | 901679 |
| #\* | Berjaya Land Bhd. | 5491800 | 353563 |
| \* | Bermaz Auto Bhd. | 288500 | 46111 |
| #\* | Bumi Armada Bhd. | 13096800 | 1032561 |
| # | Cahya Mata Sarawak <br> Bhd.<br>| 2273200 | 861763 |
| \* | Cape Ems Bhd. | 205500 | 13969 |
|  | CB Industrial Product <br> Holding Bhd.<br>| 75000 | 22736 |
| # | CIMB Group Holdings <br> Bhd.<br>| 18673856 | 32498150 |
| # | Dayang Enterprise <br> Holdings Bhd.<br>| 792200 | 281981 |
| # | DRB-Hicom Bhd. | 3558500 | 1069924 |
| # | Eastern & Oriental <br> Bhd.<br>| 1848300 | 352513 |
| # | Eco World <br> Development Group <br> Bhd.<br>| 3180800 | 1562809 |
| # | Genetec Technology <br> Bhd.<br>| 119100 | 14731 |
|  | Genting Bhd. | 7759400 | 6257258 |
| # | Genting Malaysia <br> Bhd.<br>| 9599300 | 5337449 |
| # | Genting Plantations <br> Bhd.<br>| 272300 | 329897 |
|  | Guan Chong Bhd. | 204900 | 43921 |
| # | HAP Seng <br> Consolidated Bhd.<br>| 413082 | 293005 |
| # | Hartalega Holdings <br> Bhd.<br>| 2068000 | 596137 |
|  | Hiap Teck Venture <br> Bhd.<br>| 3905700 | 265335 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
| # | Hibiscus Petroleum <br> Bhd.<br>| 1772400 | $605154 |
|  | Hong Leong Financial <br> Group Bhd.<br>| 1316534 | 5309967 |
|  | IGB Bhd. | 3022296 | 2419847 |
| # | IJM Corp. Bhd. | 9738718 | 5755175 |
|  | Insas Bhd. | 1544300 | 311673 |
| # | IOI Properties Group <br> Bhd.<br>| 5148525 | 2581489 |
| # | Jaya Tiasa Holdings <br> Bhd.<br>| 2431633 | 667552 |
| # | Keck Seng Malaysia <br> Bhd.<br>| 740900 | 982324 |
| # | Kossan Rubber <br> Industries Bhd.<br>| 2354300 | 667322 |
| # | KSL Holdings Bhd. | 1418465 | 1015974 |
|  | Kumpulan Fima Bhd. | 552500 | 320416 |
|  | Land & General Bhd. | 2120320 | 78384 |
|  | LBS Bina Group Bhd. | 3741134 | 379313 |
| # | Leong Hup <br> International Bhd.<br>| 2268100 | 354616 |
|  | Magnum Bhd. | 3983345 | 1322406 |
| # | Mah Sing Group Bhd. | 6366062 | 1579256 |
|  | Malayan Cement <br> Bhd.<br>| 204500 | 334993 |
| # | Malayan Flour Mills <br> Bhd.<br>| 3317675 | 467520 |
| # | Malaysian Resources <br> Corp. Bhd.<br>| 8411247 | 902237 |
| # | Matrix Concepts <br> Holdings Bhd.<br>| 2829225 | 925126 |
| # | MBM Resources Bhd. | 769903 | 967083 |
| # | MBSB Bhd. | 9539243 | 1650039 |
|  | Mega First Corp. <br> Bhd.<br>| 877900 | 776892 |
| # | MISC Bhd. | 4074104 | 7576697 |
| # | MKH Bhd. | 1443578 | 367955 |
|  | MKH Oil Palm East <br> Kalimantan Bhd.<br>| 268982 | 40765 |
| # | MNRB Holdings Bhd. | 2006779 | 904419 |
| # | Muhibbah Engineering <br> M Bhd.<br>| 1999300 | 257470 |
| # | OCK Group Bhd. | 213300 | 22157 |
| # | Oriental Holdings <br> Bhd.<br>| 2554379 | 4177995 |
| # | OSK Holdings Bhd. | 9602308 | 3255698 |
| # | Pantech Group <br> Holdings Bhd.<br>| 2076194 | 331912 |
| # | Paramount Corp. <br> Bhd.<br>| 1435655 | 363397 |
| # | Perak Transit Bhd. | 459100 | 37200 |
|  | Petron Malaysia <br> Refining & <br> Marketing Bhd.<br>| 234000 | 210807 |

---

1148

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) | MALAYSIA — (Continued) |
|  | Petronas Chemicals <br> Group Bhd.<br>| 2981200 | $2772982 |
| # | PPB Group Bhd. | 1925439 | 5119004 |
|  | RHB Bank Bhd. | 7326108 | 11843903 |
| # | Sarawak Oil Palms <br> Bhd.<br>| 1145500 | 1019979 |
| # | Scientex Bhd. | 15600 | 12625 |
|  | Sime Darby Bhd. | 12867500 | 6290410 |
| # | Sime Darby Property <br> Bhd.<br>| 7330900 | 2357368 |
|  | SP Setia Bhd. Group | 6527473 | 1346107 |
| # | Suria Capital Holdings <br> Bhd.<br>| 793880 | 303771 |
| # | Ta Ann Holdings Bhd. | 934526 | 936219 |
| #\* | Top Glove Corp. Bhd. | 4110500 | 617452 |
| #\* | Tropicana Corp. Bhd. | 2921861 | 815256 |
| # | TSH Resources Bhd. | 807000 | 261734 |
| # | UEM Sunrise Bhd. | 4478245 | 683333 |
|  | United Malacca Bhd. | 765400 | 1066690 |
| # | UOA Development <br> Bhd.<br>| 9471100 | 4178354 |
| \* | Vantris Energy Bhd. | 1985485 | 260624 |
| # | Velesto Energy Bhd. | 16539528 | 988407 |
| # | VS Industry Bhd. | 3637500 | 428785 |
| #\* | WCT Holdings Bhd. | 3205924 | 573360 |
| # | Yinson Holdings Bhd. | 1554025 | 879312 |
|  | YTL Corp. Bhd. | 1435560 | 889281 |
| TOTAL MALAYSIA | TOTAL MALAYSIA |  | 177879360 |
| MEXICO — (2.4%) | MEXICO — (2.4%) | MEXICO — (2.4%) | MEXICO — (2.4%) |
|  | Alfa SAB de CV, <br> Class A<br>| 26730306 | 20243583 |
| # | Alpek SAB de CV | 621691 | 314552 |
| Ω | Banco del Bajio SA | 1665034 | 4248958 |
|  | Cemex SAB de CV <br> (CEMEXCPO MM)<br>| 4497186 | 4560486 |
|  | Cemex SAB de CV <br> (CX US), <br> Sponsored ADR<br>| 3267721 | 33167363 |
| \* | Controladora Alpek <br> SAB de CV<br>| 26730306 | 4143676 |
| \* | Controladora AXTEL <br> SAB de CV<br>| 23823748 | 1160508 |
|  | Corp. Actinver SAB de <br> CV<br>| 89268 | 99942 |
|  | Corp. Interamericana <br> de Entretenimiento <br> SAB de CV, <br> Class B<br>| 814543 | 1999255 |
|  | Cydsa SAB de CV | 5874 | 5517 |
| \* | Dine SAB de CV | 993273 | 1083974 |
|  | El Puerto de Liverpool <br> SAB de CV, <br> Class C1<br>| 542340 | 2642442 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
| # | Fomento Economico <br> Mexicano SAB de <br> CV (FEMSAUBD <br> MM)<br>| 368705 | $3473609 |
|  | Fomento Economico <br> Mexicano SAB de <br> CV (FMX US), <br> Sponsored ADR<br>| 57676 | 5442307 |
|  | GCC SAB de CV | 465988 | 4472642 |
| # | Genomma Lab <br> Internacional SAB <br> de CV, Class B<br>| 2013027 | 1965514 |
|  | Gentera SAB de CV | 3479692 | 8254166 |
| # | Grupo Bimbo SAB de <br> CV<br>| 385459 | 1331165 |
|  | Grupo Carso SAB de <br> CV<br>| 2055907 | 14603873 |
|  | Grupo Comercial <br> Chedraui SA de CV<br>| 461328 | 3350733 |
|  | Grupo Financiero <br> Banorte SAB de <br> CV, Class O<br>| 3710530 | 34833470 |
|  | Grupo Financiero <br> Inbursa SAB de CV, <br> Class O<br>| 5443830 | 13188728 |
|  | Grupo Gigante SAB <br> de CV<br>| 471076 | 747494 |
|  | Grupo Industrial <br> Saltillo SAB de CV<br>| 1263366 | 942501 |
|  | Grupo Mexico SAB de <br> CV<br>| 6422096 | 55414926 |
| \* | Grupo Posadas SAB <br> de CV<br>| 71336 | 107435 |
| \* | Grupo Simec SAB de <br> CV (SIMECB MM)<br>| 689708 | 6293444 |
|  | Grupo Televisa SAB <br> (TV US), Sponsored <br> ADR<br>| 109095 | 288011 |
| #\*Ω | Grupo Traxion SAB de <br> CV<br>| 85118 | 62675 |
| \* | Industrias CH SAB de <br> CV<br>| 1720091 | 15739455 |
| \* | Industrias Penoles <br> SAB de CV<br>| 505357 | 21349929 |
|  | KUO SAB de CV | 1904343 | 5258379 |
| # | La Comer SAB de <br> CV<br>| 2797049 | 6058253 |
|  | Megacable Holdings <br> SAB de CV<br>| 1726345 | 4940644 |
| \* | Minera Frisco SAB de <br> CV, Class A1<br>| 4888469 | 2323394 |
| \*Ω | Nemak SAB de CV | 8259761 | 1720552 |

---

1149

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) | MEXICO — (Continued) |
|  | Orbia Advance Corp. <br> SAB de CV<br>| 3946112 | $3572603 |
|  | Organizacion Cultiba <br> SAB de CV<br>| 124602 | 70421 |
| #\* | Organizacion Soriana <br> SAB de CV, <br> Class B<br>| 13584625 | 19376837 |
|  | Promotora y <br> Operadora de <br> Infraestructura SAB <br> de CV (PINFRA <br> MM)<br>| 574258 | 7418665 |
|  | Regional SAB de CV | 259183 | 1920174 |
| \* | Vitro SAB de CV | 734165 | 227617 |
| TOTAL MEXICO | TOTAL MEXICO |  | 318419872 |
| PHILIPPINES — (0.5%) | PHILIPPINES — (0.5%) | PHILIPPINES — (0.5%) | PHILIPPINES — (0.5%) |
| \*†† | ACR Mining Corp. | 105455 | 0 |
|  | Alliance Global Group, <br> Inc.<br>| 11474706 | 1422311 |
| \* | Atlas Consolidated <br> Mining & <br> Development Corp.<br>| 3179600 | 276830 |
|  | Ayala Corp. | 350590 | 2786088 |
|  | Ayala Land, Inc. | 12162800 | 4108531 |
|  | BDO Unibank, Inc. | 1662461 | 3770366 |
|  | Belle Corp. | 4041000 | 93338 |
|  | Bloomberry Resorts <br> Corp.<br>| 7681500 | 417334 |
|  | China Banking Corp. | 7394692 | 6422299 |
|  | Cosco Capital, Inc. | 6214300 | 729746 |
|  | DMCI Holdings, Inc. | 10147600 | 1945637 |
|  | East West Banking <br> Corp.<br>| 1728600 | 337140 |
|  | Filinvest Development <br> Corp.<br>| 384400 | 30358 |
|  | Filinvest Land, Inc. | 40964978 | 521875 |
|  | Filinvest REIT Corp. | 7302576 | 385809 |
|  | First Philippine <br> Holdings Corp.<br>| 3175100 | 3857587 |
| \* | Global Ferronickel <br> Holdings, Inc.<br>| 204116 | 4404 |
|  | GT Capital Holdings, <br> Inc.<br>| 230807 | 2140875 |
|  | JG Summit Holdings, <br> Inc.<br>| 8213957 | 3340726 |
|  | LT Group, Inc. | 6858600 | 1704631 |
|  | Megaworld Corp. | 46669300 | 1578805 |
|  | Metropolitan Bank & <br> Trust Co.<br>| 6805802 | 7977405 |
|  | Petron Corp. | 10153900 | 406000 |
|  | Philcomsat Holdings <br> Corp.<br>| 497957 | 905122 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) | PHILIPPINES — (Continued) |
|  | Philex Mining Corp. | 4004200 | $550271 |
|  | Philippine National <br> Bank<br>| 2767885 | 2426207 |
| \*†† | Philippine National <br> Construction Corp.<br>| 398900 | 0 |
|  | Philippine Savings <br> Bank<br>| 1690309 | 1657742 |
| \*†† | Philtown Properties, <br> Inc.<br>| 6701 | 0 |
| \*†† | Phoenix Petroleum <br> Philippines, Inc.<br>| 1259500 | 16693 |
|  | Puregold Price Club, <br> Inc.<br>| 2135600 | 1380704 |
|  | RFM Corp. | 762400 | 56235 |
|  | Rizal Commercial <br> Banking Corp.<br>| 4608906 | 1990173 |
|  | Robinsons Land <br> Corp.<br>| 12002708 | 3039195 |
|  | Robinsons Retail <br> Holdings, Inc.<br>| 791960 | 468253 |
|  | San Miguel Corp. | 4099696 | 4530377 |
|  | Security Bank Corp. | 1298264 | 1534634 |
| \* | Top Frontier <br> Investment <br> Holdings, Inc.<br>| 383342 | 392307 |
|  | Union Bank of the <br> Philippines<br>| 6378730 | 3123207 |
|  | Universal Robina <br> Corp.<br>| 74050 | 91779 |
|  | Vista Land & <br> Lifescapes, Inc.<br>| 17850968 | 291236 |
| TOTAL PHILIPPINES | TOTAL PHILIPPINES |  | 66712230 |
| POLAND — (1.3%) | POLAND — (1.3%) | POLAND — (1.3%) | POLAND — (1.3%) |
|  | Agora SA | 212417 | 527496 |
|  | Alior Bank SA | 447982 | 12483080 |
|  | Asseco Poland SA | 85898 | 4996404 |
|  | Bank Handlowy w <br> Warszawie SA<br>| 5468 | 154130 |
|  | Bank Polska Kasa <br> Opieki SA<br>| 76105 | 3896711 |
|  | Boryszew SA | 290767 | 472110 |
| #\* | Cognor Holding SA | 28557 | 51056 |
| \* | Cyfrowy Polsat SA | 876549 | 3145563 |
|  | Develia SA | 806083 | 1782019 |
| \* | Enea SA | 1487673 | 8345240 |
|  | Inter Cars SA | 724 | 108187 |
| \* | KGHM Polska Miedz <br> SA<br>| 537192 | 28177409 |
|  | Mirbud SA | 39670 | 145959 |
|  | ORLEN SA | 2718241 | 73674803 |
| \* | PGE Polska Grupa <br> Energetyczna SA<br>| 4432490 | 13440521 |

---

1150

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) | POLAND — (Continued) |
| \* | PKP Cargo SA | 57416 | $249537 |
|  | Stalexport Autostrady <br> SA<br>| 176122 | 137244 |
| \* | Tauron Polska Energia <br> SA<br>| 6290894 | 17030300 |
| TOTAL POLAND | TOTAL POLAND |  | 168817769 |
| QATAR — (0.6%) | QATAR — (0.6%) | QATAR — (0.6%) | QATAR — (0.6%) |
|  | Aamal Co. | 8695528 | 1887680 |
|  | Al Khaleej Takaful <br> Group QSC<br>| 713723 | 466256 |
|  | Al Rayan Bank | 13916237 | 8946103 |
|  | Alijarah Holding Co. <br> QPSC<br>| 2160343 | 409641 |
| \* | Baladna | 3034777 | 1272530 |
|  | Barwa Real Estate <br> Co.<br>| 7516055 | 5427859 |
|  | Commercial Bank <br> PSQC <br>| 9096503 | 10352200 |
|  | Doha Bank QPSC | 9287581 | 6409535 |
|  | Doha Insurance Co. <br> QSC<br>| 63045 | 43656 |
| \* | Estithmar Holding <br> QPSC<br>| 1784286 | 2009469 |
|  | Gulf International <br> Services QSC<br>| 5507630 | 4669227 |
|  | Gulf Warehousing <br> Co.<br>| 1371796 | 964000 |
|  | Lesha Bank LLC | 935316 | 463931 |
| \* | Mazaya Real Estate <br> Development <br> QPSC<br>| 3242258 | 546262 |
|  | Medicare Group | 1049030 | 1871385 |
|  | Mesaieed <br> Petrochemical <br> Holding Co.<br>| 12105518 | 4151401 |
|  | Ooredoo QPSC | 3550263 | 13204381 |
|  | Qatar Aluminum <br> Manufacturing Co.<br>| 624128 | 266015 |
|  | Qatar Fuel QSC | 328036 | 1351289 |
|  | Qatar Industrial <br> Manufacturing Co. <br> QSC<br>| 47636 | 31589 |
|  | Qatar Insurance Co. <br> SAQ<br>| 2631346 | 1481243 |
|  | Qatar National <br> Cement Co. QSC<br>| 1042936 | 871896 |
|  | Qatar Navigation <br> QSC<br>| 2435486 | 7438382 |
|  | Salam International <br> Investment Ltd. <br> QSC<br>| 5523236 | 1146370 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) | QATAR — (Continued) |
|  | United Development <br> Co. QSC<br>| 7043257 | $1824103 |
|  | Vodafone Qatar <br> PQSC<br>| 4529101 | 2989256 |
| TOTAL QATAR | TOTAL QATAR |  | 80495659 |
| RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) | RUSSIA — (0.0%) |
| \*†† | Gazprom PJSC <br> (OGZD LI), <br> Sponsored ADR<br>| 9630257 | 0 |
| \*†† | Gazprom PJSC <br> (OGZPY US), <br> Sponsored ADR<br>| 18140 | 0 |
| \*†† | Magnitogorsk Iron & <br> Steel Works PJSC <br> (MMK LI), <br> Sponsored GDR<br>| 3296 | 0 |
| \*†† | RusHydro PJSC <br> (HYDR LI), ADR<br>| 4402355 | 0 |
| \*†† | Sberbank of Russia <br> PJSC (SBER LI), <br> Sponsored ADR<br>| 31829 | 0 |
| \*†† | VTB Bank PJSC <br> (VTBR LI), GDR<br>| 5107496 | 0 |
| SAUDI ARABIA — (3.0%) | SAUDI ARABIA — (3.0%) | SAUDI ARABIA — (3.0%) | SAUDI ARABIA — (3.0%) |
|  | Ades Holding Co. | 168480 | 761355 |
|  | Al Babtain Power & <br> Telecommunication <br> Co.<br>| 122266 | 2046403 |
|  | Al Hassan Ghazi <br> Ibrahim Shaker Co.<br>| 99762 | 695414 |
|  | Al Jouf Agricultural <br> Development Co.<br>| 63001 | 772445 |
| \* | Al Jouf Cement Co. | 17406 | 32487 |
|  | Alaseel Co. | 137125 | 130447 |
|  | Al-Etihad Cooperative <br> Insurance Co.<br>| 28027 | 80798 |
|  | AlJazira Takaful <br> Ta'awuni Co.<br>| 143755 | 474024 |
| \* | Allianz Saudi Fransi <br> Cooperative <br> Insurance Co.<br>| 120214 | 437874 |
|  | Almarai Co. JSC | 49103 | 651018 |
|  | Alujain Corp. | 161199 | 1373075 |
| \* | Amlak International <br> Finance Co.<br>| 48570 | 180041 |
|  | Arab National Bank | 3526596 | 22808316 |
| \* | Arabia Insurance <br> Cooperative Co.<br>| 30953 | 88208 |
|  | Arabian Cement Co. | 244401 | 1442737 |
|  | Arabian Drilling Co. | 112773 | 2663106 |
|  | Arabian Pipes Co. | 140163 | 213078 |

---

1151

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
| \* | Arabian Shield <br> Cooperative <br> Insurance Co.<br>| 70340 | $244474 |
|  | Arriyadh Development <br> Co.<br>| 105804 | 831055 |
| \* | ARTEX Industrial <br> Investment Co.<br>| 23076 | 86379 |
| \* | Bank Al-Jazira | 2568453 | 8637860 |
|  | Banque Saudi Fransi | 4548646 | 21647212 |
|  | Basic Chemical <br> Industries Ltd.<br>| 60464 | 452009 |
|  | Bawan Co. | 4179 | 63001 |
|  | City Cement Co. | 337127 | 1309949 |
| \* | Dar Al Arkan Real <br> Estate Development <br> Co.<br>| 2573383 | 11851503 |
|  | Eastern Province <br> Cement Co.<br>| 208003 | 1435436 |
| \* | Emaar Economic City | 327694 | 1112675 |
|  | Etihad Etisalat Co. | 1591920 | 28720570 |
|  | Gulf Insurance Group | 4211 | 28387 |
| \* | Herfy Food Services <br> Co.<br>| 86677 | 483159 |
| \* | Lumi Rental Co. | 9843 | 164183 |
| \* | Middle East Paper <br> Co.<br>| 92347 | 664755 |
|  | Middle East <br> Specialized Cables <br> Co.<br>| 20214 | 157993 |
|  | Mobile <br> Telecommunications <br> Co. Saudi Arabia<br>| 2157276 | 6602055 |
| \* | Najran Cement Co. | 363613 | 730926 |
| \* | National Agriculture <br> Development Co. <br>| 471951 | 2624399 |
|  | National Co. for Glass <br> Industries <br>| 59152 | 643473 |
| \* | National <br> Industrialization Co.<br>| 29000 | 89463 |
|  | Nayifat Finance Co. | 235016 | 832445 |
|  | Northern Region <br> Cement Co.<br>| 384155 | 822069 |
|  | Qassim Cement Co. | 20338 | 228587 |
| \* | Rabigh Refining & <br> Petrochemical Co.<br>| 1112830 | 2664389 |
|  | Riyad Bank | 1572240 | 11416539 |
|  | Riyadh Cement Co. | 160890 | 1128384 |
|  | SABIC Agri-Nutrients <br> Co.<br>| 77396 | 2526978 |
|  | Sahara International <br> Petrochemical Co.<br>| 1645301 | 8292159 |
|  | Saudi Awwal Bank | 3953623 | 34113718 |
|  | Saudi Basic Industries <br> Corp.<br>| 2195031 | 35727636 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) | SAUDI ARABIA — (Continued) |
|  | Saudi Ceramic Co. | 200468 | $1635033 |
|  | Saudi Chemical Co. <br> Holding<br>| 305164 | 600275 |
|  | Saudi Industrial <br> Investment Group<br>| 634557 | 2748013 |
|  | Saudi Investment <br> Bank <br>| 2400795 | 8799719 |
| \* | Saudi Kayan <br> Petrochemical Co.<br>| 3361387 | 5286028 |
| \* | Saudi Marketing Co. | 92570 | 409250 |
|  | Saudi National Bank  | 9884627 | 105177942 |
| \* | Saudi Public Transport <br> Co.<br>| 142446 | 481673 |
|  | Saudi Telecom Co. | 2054772 | 24753071 |
| \* | Savola Group  | 345428 | 2266838 |
| \* | Seera Group Holding | 877333 | 7260246 |
| \* | SHL Finance Co. | 3753 | 21773 |
| \* | Sinad Holding Co. | 263423 | 735473 |
|  | Southern Province <br> Cement Co.<br>| 56382 | 376046 |
|  | Sustained <br> Infrastructure <br> Holding Co.<br>| 243067 | 2368872 |
|  | Tabuk Cement Co. | 183055 | 498309 |
|  | Tanmiah Food Co. | 10338 | 216688 |
| \* | Umm Al-Qura Cement <br> Co.<br>| 105498 | 387611 |
|  | United International <br> Transportation Co.<br>| 131766 | 2600442 |
| \* | Wataniya Insurance <br> Co.<br>| 52238 | 204287 |
|  | Yamama Cement Co. | 662552 | 4853608 |
|  | Yanbu Cement Co. | 215166 | 929019 |
|  | Yanbu National <br> Petrochemical Co.<br>| 861102 | 7917853 |
| TOTAL SAUDI ARABIA | TOTAL SAUDI ARABIA |  | 401712715 |
| SOUTH AFRICA — (3.0%) | SOUTH AFRICA — (3.0%) | SOUTH AFRICA — (3.0%) | SOUTH AFRICA — (3.0%) |
|  | Absa Group Ltd. | 2859706 | 31954018 |
|  | Adcock Ingram <br> Holdings Ltd.<br>| 34769 | 150132 |
|  | AECI Ltd. | 504530 | 2601610 |
|  | African Rainbow <br> Minerals Ltd.<br>| 369555 | 3670053 |
|  | Alexander Forbes <br> Group Holdings <br> Ltd.<br>| 699133 | 331277 |
|  | Altron Ltd., Class A | 152324 | 161538 |
|  | Aspen Pharmacare <br> Holdings Ltd.<br>| 742391 | 4204948 |
|  | Astral Foods Ltd. | 171292 | 2210816 |
| # | Barloworld Ltd. | 1102801 | 7602272 |
|  | Bidvest Group Ltd. | 93549 | 1216917 |

---

1152

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |
| #\* | Blu Label Unlimited <br> Group Ltd.<br>| 2056384 | $1467584 |
| \* | Brait PLC | 11270636 | 1388280 |
|  | Caxton & CTP <br> Publishers & <br> Printers Ltd.<br>| 703938 | 538455 |
|  | DataTec Ltd. | 3804211 | 15777927 |
|  | Exxaro Resources <br> Ltd.<br>| 883630 | 8999356 |
|  | FirstRand Ltd. | 26843 | 127394 |
|  | Foschini Group Ltd. | 1547443 | 8214212 |
|  | Grindrod Ltd. | 420422 | 410868 |
|  | Harmony Gold Mining <br> Co. Ltd. (HMY US), <br> Sponsored ADR<br>| 50195 | 828719 |
|  | Hudaco Industries <br> Ltd.<br>| 154136 | 1577199 |
|  | Impala Platinum <br> Holdings Ltd.<br>| 2612012 | 27992893 |
|  | Investec Ltd. | 256806 | 1933374 |
| \* | KAP Ltd. | 10068459 | 955716 |
|  | Kumba Iron Ore Ltd. | 30297 | 603396 |
|  | Lewis Group Ltd. | 561294 | 2706668 |
|  | Life Healthcare Group <br> Holdings Ltd.<br>| 2437137 | 1668330 |
|  | Merafe Resources <br> Ltd.<br>| 3686774 | 233895 |
| \* | Metair Investments <br> Ltd.<br>| 887092 | 338494 |
|  | Momentum Group <br> Ltd.<br>| 5684452 | 10944222 |
|  | Motus Holdings Ltd. | 709106 | 4272828 |
|  | Mpact Ltd. | 1494069 | 2016797 |
|  | MTN Group Ltd. | 6222257 | 62163530 |
|  | Naspers Ltd., Class N | 446415 | 31354408 |
|  | Nedbank Group Ltd. | 1601161 | 21828279 |
|  | Netcare Ltd. | 4565146 | 3849948 |
|  | Northam Platinum <br> Holdings Ltd.<br>| 333999 | 5578007 |
|  | Oceana Group Ltd. | 287158 | 810592 |
|  | Old Mutual Ltd. (OMU <br> SJ)<br>| 15832952 | 12380640 |
|  | Omnia Holdings Ltd. | 1095565 | 4817064 |
| Ω | Pepkor Holdings Ltd. | 8496017 | 12954041 |
| \* | Pick n Pay Stores <br> Ltd.<br>| 523680 | 854856 |
|  | PPC Ltd. | 5491060 | 1741881 |
|  | Raubex Group Ltd. | 1191229 | 2847045 |
|  | RCL Foods Ltd. | 159113 | 89531 |
|  | Reunert Ltd. | 681642 | 2196921 |
|  | RFG Holdings Ltd. | 23326 | 28990 |
|  | Sanlam Ltd. | 1149542 | 6032325 |
| # | Sappi Ltd. | 2830312 | 3708422 |
| \* | Sasol Ltd. (SOL SJ) | 1896082 | 11862982 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) | SOUTH AFRICA — (Continued) |
| \* | Sibanye Stillwater Ltd. <br> (SBSW US), ADR<br>| 30673 | $323907 |
| \* | Sibanye Stillwater Ltd. <br> (SSW SJ)<br>| 3195959 | 8481115 |
|  | Southern Sun Ltd. | 654882 | 347700 |
|  | Standard Bank Group <br> Ltd.<br>| 2767483 | 40695400 |
| # | Super Group Ltd. | 1508439 | 1397098 |
|  | Telkom SA SOC Ltd. | 1386319 | 3877739 |
| # | Thungela Resources <br> Ltd. (TGA SJ)<br>| 406589 | 1796623 |
|  | Tsogo Sun Ltd. | 47126 | 19238 |
|  | Valterra Platinum Ltd. | 89866 | 5558141 |
|  | Wilson Bayly <br> Holmes-Ovcon Ltd.<br>| 78538 | 685740 |
|  | Zeda Ltd. | 841724 | 596748 |
| TOTAL SOUTH AFRICA | TOTAL SOUTH AFRICA |  | 395979099 |
| SOUTH KOREA — (12.2%) | SOUTH KOREA — (12.2%) | SOUTH KOREA — (12.2%) | SOUTH KOREA — (12.2%) |
|  | Advanced Process <br> Systems Corp.<br>| 29135 | 405564 |
| # | Aekyung Chemical <br> Co. Ltd.<br>| 30001 | 229871 |
| \* | AeroSpace <br> Technology of <br> Korea, Inc.<br>| 26598 | 9984 |
|  | AJ Networks Co. Ltd. | 19835 | 59813 |
|  | Ajin Industrial Co. <br> Ltd.<br>| 125293 | 288989 |
| #\* | ALUKO Co. Ltd. | 161056 | 231849 |
|  | Amorepacific Corp. | 28704 | 2431158 |
|  | Amorepacific Holdings <br> Corp.<br>| 74083 | 1318510 |
|  | Asia Cement Co. Ltd. | 83810 | 717155 |
|  | ASIA Holdings Co. <br> Ltd.<br>| 4148 | 1036117 |
|  | Asia Paper <br> Manufacturing Co. <br> Ltd.<br>| 125605 | 650014 |
|  | Atinum Investment <br> Co. Ltd.<br>| 8067 | 14367 |
|  | Avaco Co. Ltd. | 14854 | 163081 |
|  | BGF Co. Ltd. | 29884 | 79741 |
| # | BH Co. Ltd. | 82948 | 1065653 |
|  | BNK Financial Group, <br> Inc.<br>| 867778 | 8400737 |
| # | Bookook Securities <br> Co. Ltd.<br>| 15183 | 721136 |
|  | Boryung | 32896 | 203698 |
|  | BYC Co. Ltd. | 7520 | 198025 |
| # | Byucksan Corp. | 165597 | 202688 |
| # | C&G Hi Tech Co. Ltd. | 10391 | 115839 |
|  | Cape Industries Ltd. | 3230 | 31903 |

---

1153

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| \* | Choil Aluminum Co. <br> Ltd.<br>| 101672 | $95219 |
|  | Chong Kun Dang <br> Pharmaceutical <br> Corp.<br>| 4982 | 289205 |
|  | Chongkundang <br> Holdings Corp.<br>| 5145 | 163167 |
| \* | Chorokbaem Media <br> Co. Ltd.<br>| 33099 | 125682 |
| \* | CJ CGV Co. Ltd. | 8412 | 29465 |
| # | CJ CheilJedang Corp. | 33488 | 5385598 |
| # | CJ Corp. | 53104 | 6352758 |
| \* | CJ ENM Co. Ltd. | 36562 | 1797669 |
|  | CJ Freshway Corp. | 15663 | 274573 |
|  | CJ Logistics Corp. | 29674 | 1713347 |
|  | CLIO Cosmetics Co. <br> Ltd.<br>| 6809 | 68209 |
|  | CR Holdings Co. Ltd. | 54324 | 183534 |
| \* | Creative & Innovative <br> System<br>| 39447 | 209074 |
|  | Cuckoo Holdings Co. <br> Ltd.<br>| 11840 | 238579 |
| # | Cuckoo Homesys Co. <br> Ltd.<br>| 14358 | 231622 |
|  | Cymechs, Inc. | 7305 | 98685 |
|  | Dae Won Kang Up <br> Co. Ltd.<br>| 215821 | 635583 |
|  | Daechang Forging Co. <br> Ltd.<br>| 28870 | 135223 |
| # | Daedong Corp. | 57366 | 391709 |
|  | Daeduck Co. Ltd. | 46624 | 298107 |
| # | Daehan Flour Mill Co. <br> Ltd.<br>| 4078 | 396318 |
| # | Daehan Steel Co. <br> Ltd.<br>| 69851 | 722641 |
| # | Daesang Corp. | 86274 | 1260478 |
| # | Daesang Holdings Co. <br> Ltd.<br>| 57231 | 370890 |
| \* | Daesung Industrial <br> Co. Ltd.<br>| 24260 | 68155 |
|  | Daewon San Up Co. <br> Ltd.<br>| 30729 | 243936 |
| #\* | Daewoo Engineering <br> & Construction Co. <br> Ltd.<br>| 761988 | 1998702 |
|  | Daewoong Co. Ltd. | 33148 | 502968 |
|  | Daeyang Electric Co. <br> Ltd.<br>| 3846 | 80927 |
| \*†† | Dahaam E-Tec Co. <br> Ltd.<br>| 3535 | 0 |
|  | Daihan <br> Pharmaceutical Co. <br> Ltd.<br>| 14948 | 304652 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Daishin Securities Co. <br> Ltd.<br>| 113470 | $2312853 |
| # | Daol Investment & <br> Securities Co. Ltd.<br>| 180886 | 458988 |
|  | Daou Data Corp. | 46022 | 566486 |
|  | Daou Technology, <br> Inc.<br>| 131192 | 3584246 |
| # | DB HiTek Co. Ltd. | 57471 | 2360948 |
|  | DB Insurance Co. <br> Ltd.<br>| 87724 | 7797234 |
|  | DB Securities Co. <br> Ltd.<br>| 168451 | 1194111 |
| \* | DB, Inc. | 63503 | 64806 |
| \* | DE&T Co. Ltd. | 34685 | 153209 |
| # | Dentium Co. Ltd. | 6427 | 256595 |
| # | Deutsch Motors, Inc. | 71085 | 222624 |
|  | DI Dong Il Corp. | 15604 | 197801 |
|  | DIT Corp. | 3529 | 37657 |
| \* | DK Tech Co. Ltd. | 16499 | 87863 |
| # | DL E&C Co. Ltd. | 125814 | 3763624 |
| # | DL Holdings Co. Ltd. | 46631 | 1271764 |
| †† | DMS Co. Ltd. | 73474 | 122427 |
| # | DN Automotive Corp. | 61594 | 1004700 |
| # | Dong-A Socio <br> Holdings Co. Ltd.<br>| 10790 | 821344 |
|  | Dongbang Transport <br> Logistics Co. Ltd.<br>| 27865 | 54302 |
|  | Dongkoo Bio & <br> Pharma Co. Ltd.<br>| 8689 | 32722 |
|  | DongKook <br> Pharmaceutical Co. <br> Ltd.<br>| 34098 | 422670 |
| # | Dongkuk CM Co. Ltd. | 97951 | 360037 |
| # | Dongkuk Holdings Co. <br> Ltd.<br>| 61326 | 314311 |
|  | Dongkuk Industries <br> Co. Ltd.<br>| 43885 | 91899 |
|  | Dongkuk Steel Mill <br> Co. Ltd.<br>| 177472 | 1058646 |
| # | Dongsung Chemical <br> Co. Ltd.<br>| 125996 | 353596 |
| # | Dongwha Pharm Co. <br> Ltd.<br>| 71510 | 313986 |
| # | Dongwon Industries <br> Co. Ltd.<br>| 16336 | 554669 |
| # | Dongyang E&P, Inc. | 28974 | 434945 |
|  | Doosan Bobcat, Inc. | 233044 | 9837517 |
|  | DoubleUGames Co. <br> Ltd.<br>| 21217 | 746542 |
|  | Dreamtech Co. Ltd. | 14522 | 65064 |
| \* | DS Dansuk Co. Ltd. | 5346 | 75653 |
| \* | Duksan Hi-Metal Co. <br> Ltd.<br>| 48118 | 222783 |
|  | DY POWER Corp. | 24508 | 219928 |

---

1154

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Easy Holdings Co. <br> Ltd.<br>| 141214 | $374137 |
|  | Ecoplastic Corp. | 53258 | 120628 |
|  | Elentec Co. Ltd. | 11529 | 73491 |
| # | E-MART, Inc. | 53453 | 2707588 |
|  | Eugene Corp. | 18985 | 44544 |
| # | Eugene Investment & <br> Securities Co. Ltd.<br>| 231320 | 604237 |
| # | Eusu Holdings Co. <br> Ltd.<br>| 38014 | 150362 |
| \* | Exem Co. Ltd. | 16210 | 24599 |
|  | F&F Holdings Co. <br> Ltd.<br>| 3441 | 42542 |
|  | Fursys, Inc. | 20360 | 649934 |
| \* | GAEASOFT | 10822 | 53133 |
|  | Geumhwa PSC Co. <br> Ltd.<br>| 3910 | 87194 |
|  | GOLFZON Co. Ltd. | 2619 | 109048 |
| # | Golfzon Holdings Co. <br> Ltd.<br>| 65288 | 242747 |
|  | Green Cross Corp. | 6283 | 570963 |
|  | Green Cross Holdings <br> Corp.<br>| 5294 | 58503 |
|  | GS Engineering & <br> Construction Corp.<br>| 120178 | 1573936 |
| # | GS Global Corp. | 174395 | 300161 |
|  | GS Holdings Corp. <br> (078930 KS)<br>| 187901 | 6315637 |
| #\* | GS P&L Co. Ltd. | 28396 | 763237 |
| # | GS Retail Co. Ltd. | 119721 | 1487977 |
| # | Gwangju Shinsegae <br> Co. Ltd.<br>| 14145 | 299223 |
|  | HAESUNG DS Co. <br> Ltd.<br>| 23965 | 863867 |
|  | Hana Financial Group, <br> Inc.<br>| 1077892 | 64574952 |
| # | Handsome Co. Ltd. | 40463 | 416436 |
| # | Hanil Cement Co. <br> Ltd.<br>| 27600 | 341782 |
| # | Hanil Holdings Co. <br> Ltd.<br>| 81808 | 928992 |
|  | Hanil Hyundai Cement <br> Co. Ltd.<br>| 1217 | 15384 |
| # | Hanjin Logistics Corp. | 29653 | 415973 |
| # | Hankook Tire & <br> Technology Co. <br> Ltd.<br>| 271458 | 8813566 |
|  | Hanla IMS Co. Ltd. | 2916 | 36542 |
|  | HanmiGlobal Co. Ltd. | 5554 | 79304 |
| #\* | Hanon Systems | 510277 | 1559026 |
|  | Hansae Co. Ltd. | 20771 | 153852 |
|  | Hansol Holdings Co. <br> Ltd.<br>| 23087 | 48904 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Hansol Paper Co. <br> Ltd.<br>| 66613 | $379877 |
|  | Hansol Technics Co. <br> Ltd.<br>| 109280 | 498503 |
|  | Hanwha Corp. | 9875 | 660481 |
| \* | Hanwha Galleria <br> Corp.<br>| 68751 | 51632 |
| \* | Hanwha General <br> Insurance Co. Ltd.<br>| 155536 | 590617 |
| \* | Hanwha Investment & <br> Securities Co. Ltd.<br>| 200945 | 751934 |
| \* | Hanwha Life <br> Insurance Co. Ltd.<br>| 803657 | 1706447 |
| # | Hanwha Solutions <br> Corp.<br>| 291337 | 6229207 |
|  | Hanyang Eng Co. <br> Ltd.<br>| 48501 | 685313 |
| # | Hanyang Securities <br> Co. Ltd.<br>| 49973 | 665653 |
| \* | Harim Co. Ltd. | 16740 | 33826 |
| # | Harim Holdings Co. <br> Ltd.<br>| 167812 | 869751 |
|  | HB SOLUTION Co. <br> Ltd.<br>| 65103 | 116082 |
|  | HD Hyundai Co. Ltd. | 165098 | 23713536 |
| # | HD Hyundai <br> Construction <br> Equipment Co. Ltd.<br>| 64362 | 4508421 |
|  | HD Hyundai Infracore <br> Co. Ltd.<br>| 479520 | 5115935 |
| # | HDC Holdings Co. <br> Ltd.<br>| 44476 | 573951 |
| # | HDC Hyundai <br> Development <br> Co-Engineering & <br> Construction<br>| 143625 | 1940056 |
|  | Hecto Innovation Co. <br> Ltd.<br>| 6304 | 71509 |
| \* | HFR, Inc. | 3213 | 38684 |
| # | HK inno N Corp. | 47389 | 1641278 |
| # | HL Holdings Corp. | 20855 | 592193 |
|  | HL Mando Co. Ltd. | 111497 | 3006203 |
| # | HMM Co. Ltd. | 812530 | 11699413 |
|  | HS Hyosung <br> Advanced Materials <br> Corp.<br>| 5347 | 693781 |
| \* | HS Hyosung Corp. | 1995 | 81305 |
|  | HS Industries Co. <br> Ltd.<br>| 69390 | 194023 |
| \* | Huneed Technologies | 3947 | 22692 |
|  | Huons Co. Ltd. | 3997 | 81923 |
|  | Huons Global Co. <br> Ltd.<br>| 1111 | 42466 |
| # | Hwa Shin Co. Ltd. | 58042 | 357778 |

---

1155

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Hwaseung Enterprise <br> Co. Ltd.<br>| 32976 | $117777 |
|  | Hy-Lok Corp. | 38182 | 995333 |
|  | Hyosung Corp. | 13733 | 1218275 |
| # | Hyosung TNC Corp. | 6812 | 993037 |
| # | Hyundai BNG Steel <br> Co. Ltd.<br>| 20857 | 163996 |
| # | HYUNDAI Corp. | 27560 | 410039 |
| # | Hyundai Department <br> Store Co. Ltd.<br>| 55318 | 3133853 |
| # | Hyundai Engineering <br> & Construction Co. <br> Ltd.<br>| 203254 | 9986404 |
|  | HYUNDAI EVERDIGM <br> Corp.<br>| 5321 | 28894 |
|  | Hyundai Futurenet Co. <br> Ltd.<br>| 68828 | 153464 |
| # | Hyundai GF Holdings | 110569 | 603893 |
|  | Hyundai Glovis Co. <br> Ltd.<br>| 98719 | 13047109 |
|  | Hyundai Green Food | 27968 | 295371 |
|  | Hyundai Home <br> Shopping Network <br> Corp.<br>| 13094 | 483157 |
| \* | Hyundai Marine & Fire <br> Insurance Co. Ltd.<br>| 154473 | 2955709 |
|  | Hyundai Mobis Co. <br> Ltd.<br>| 119829 | 26498680 |
|  | Hyundai Motor Co. | 472375 | 95792610 |
|  | Hyundai Motor <br> Securities Co. Ltd.<br>| 94830 | 579950 |
|  | Hyundai Steel Co. | 226173 | 5225283 |
|  | Hyundai Wia Corp. | 66478 | 2728382 |
| # | HyVision System, Inc. | 16750 | 189911 |
| # | Iljin Holdings Co. Ltd. | 73029 | 358476 |
|  | Ilshin Spinning Co. <br> Ltd.<br>| 52768 | 445355 |
|  | iM Financial Group <br> Co. Ltd.<br>| 564908 | 5241312 |
|  | iMarketKorea, Inc. | 74204 | 408263 |
|  | InBody Co. Ltd. | 2986 | 60096 |
|  | Industrial Bank of <br> Korea<br>| 982569 | 13315737 |
|  | Infinitt Healthcare Co. <br> Ltd.<br>| 2389 | 9826 |
|  | Innocean Worldwide, <br> Inc.<br>| 55615 | 668957 |
|  | InnoWireless Co. Ltd. | 1876 | 30760 |
| # | Innox Advanced <br> Materials Co. Ltd.<br>| 26785 | 461868 |
| \* | Insun ENT Co. Ltd. | 9964 | 29365 |
| \* | Interflex Co. Ltd. | 14044 | 90918 |
| # | INTOPS Co. Ltd. | 41391 | 469013 |
|  | IS Dongseo Co. Ltd. | 50016 | 651765 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| #\* | Jahwa Electronics Co. <br> Ltd.<br>| 34278 | $520633 |
| # | JB Financial Group <br> Co. Ltd.<br>| 490101 | 7716035 |
| \* | Jeil Pharmaceutical <br> Co. Ltd.<br>| 3558 | 35925 |
|  | Jinsung T.E.C. | 11631 | 106508 |
| # | Kangnam Jevisco Co. <br> Ltd.<br>| 39626 | 341573 |
| # | Kangwon Land, Inc. | 203625 | 2410745 |
|  | KB Financial Group, <br> Inc. (KB US), ADR<br>| 1733675 | 141155740 |
| # | KC Co. Ltd. | 39745 | 726694 |
| # | KCC Corp. | 16239 | 5000645 |
| # | KCC Glass Corp. | 32352 | 589007 |
| # | KCTC | 37124 | 140733 |
| # | KG Chemical Corp. | 103009 | 351533 |
|  | KG Dongbusteel | 39667 | 151540 |
| # | KG Eco Solution Co. <br> Ltd.<br>| 36361 | 144486 |
| \* | KG Mobility Co. | 22066 | 59005 |
| # | Kginicis Co. Ltd. | 41834 | 301048 |
|  | KGMobilians Co. Ltd. | 8172 | 28303 |
|  | KH Vatec Co. Ltd. | 29680 | 260868 |
|  | Kia Corp. | 1095769 | 91911549 |
|  | KISCO Corp. | 58802 | 413249 |
|  | KISCO Holdings Co. <br> Ltd.<br>| 32652 | 586404 |
|  | KISWIRE Ltd. | 63149 | 791142 |
| # | KIWOOM Securities <br> Co. Ltd.<br>| 42594 | 8847328 |
| # | Kolon Industries, Inc. | 72879 | 1817297 |
|  | Korea Airport Service <br> Co. Ltd.<br>| 339 | 14215 |
| # | Korea Alcohol <br> Industrial Co. Ltd.<br>| 63030 | 413177 |
| # | Korea Asset In Trust <br> Co. Ltd.<br>| 243049 | 377706 |
| #\* | Korea Circuit Co. Ltd. | 45019 | 649322 |
|  | Korea Electric <br> Terminal Co. Ltd.<br>| 30397 | 1318153 |
|  | Korea Fuel-Tech <br> Corp.<br>| 13522 | 56785 |
|  | Korea Investment <br> Holdings Co. Ltd.<br>| 140224 | 17877980 |
| #\* | Korea Line Corp. | 575587 | 757954 |
| # | Korea Movenex Co. <br> Ltd.<br>| 128248 | 357093 |
| # | Korea Petrochemical <br> Ind Co. Ltd.<br>| 12030 | 1103961 |
|  | Korea Petroleum <br> Industries Co.<br>| 4717 | 46017 |

---

1156

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Korea Real Estate <br> Investment & Trust <br> Co. Ltd.<br>| 191742 | $175835 |
| # | Korea United Pharm, <br> Inc.<br>| 24779 | 330419 |
|  | Korean Air Lines Co. <br> Ltd.<br>| 585473 | 9085505 |
|  | Korean Reinsurance <br> Co.<br>| 771847 | 5743595 |
|  | KPX Chemical Co. <br> Ltd.<br>| 10070 | 338209 |
|  | KSS LINE Ltd. | 69726 | 452042 |
|  | KT Skylife Co. Ltd. | 81278 | 285588 |
|  | KTCS Corp. | 21857 | 44724 |
| \* | Kumho HT, Inc. | 69550 | 27869 |
|  | Kumho Petrochemical <br> Co. Ltd.<br>| 37207 | 3024359 |
| #\* | Kumho Tire Co., Inc. | 294889 | 975699 |
|  | Kwang Dong <br> Pharmaceutical Co. <br> Ltd.<br>| 82074 | 328733 |
| # | Kyeryong Construction <br> Industrial Co. Ltd.<br>| 29553 | 356631 |
| # | Kyobo Securities Co. <br> Ltd.<br>| 71114 | 469726 |
|  | Kyung Dong Navien <br> Co. Ltd.<br>| 6771 | 335072 |
| # | Kyungbang Co. Ltd. | 28974 | 135596 |
|  | KZ Precision Corp. | 31617 | 333457 |
| \* | LB Semicon, Inc. | 60307 | 209888 |
|  | LF Corp. | 58445 | 748793 |
| # | LG Chem Ltd. | 122341 | 34028925 |
|  | LG Corp. | 216383 | 12169572 |
| \* | LG Display Co. Ltd. <br> (LPL US), ADR<br>| 2408355 | 12065859 |
|  | LG Electronics, Inc. | 430226 | 26387146 |
| # | LG H&H Co. Ltd. | 16842 | 3357992 |
| \* | LG HelloVision Co. <br> Ltd.<br>| 137018 | 234432 |
|  | LG Innotek Co. Ltd. | 43308 | 7305730 |
|  | LG Uplus Corp. | 902742 | 9649948 |
| \* | LOT Vacuum Co. Ltd. | 4203 | 38385 |
| # | Lotte Chemical Corp. | 48824 | 2418718 |
| # | Lotte Chilsung <br> Beverage Co. Ltd.<br>| 12708 | 1027681 |
| # | Lotte Corp. | 68750 | 1408006 |
| \* | Lotte Data <br> Communication Co.<br>| 423 | 6150 |
| # | LOTTE Fine Chemical <br> Co. Ltd.<br>| 63568 | 2031314 |
|  | Lotte Rental Co. Ltd. | 24380 | 500906 |
|  | Lotte Shopping Co. <br> Ltd.<br>| 31584 | 1441299 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Lotte Wellfood Co. <br> Ltd.<br>| 8689 | $694545 |
| # | LS Corp. | 55731 | 8121897 |
| #\* | LVMC Holdings | 278848 | 324181 |
| # | LX Hausys Ltd. | 23104 | 455775 |
| # | LX Holdings Corp. | 160312 | 916983 |
|  | LX International Corp. | 117602 | 2484743 |
|  | LX Semicon Co. Ltd. | 15504 | 621827 |
|  | Maeil Dairies Co. Ltd. | 5683 | 138144 |
|  | Mcnex Co. Ltd. | 4275 | 93226 |
| \* | MDS Tech, Inc. | 64611 | 69432 |
|  | Mecaro Co. Ltd. | 3128 | 57688 |
| # | MegaStudy Co. Ltd. | 26278 | 207733 |
|  | MegaStudyEdu Co. <br> Ltd.<br>| 1069 | 31165 |
|  | META BIOMED Co. <br> Ltd.<br>| 47211 | 185934 |
|  | Mgame Corp. | 19897 | 90556 |
|  | Mi Chang Oil <br> Industrial Co. Ltd.<br>| 4014 | 306675 |
| \* | Mirae Asset Life <br> Insurance Co. Ltd.<br>| 222091 | 1366628 |
| # | Mirae Asset Securities <br> Co. Ltd.<br>| 813530 | 14957698 |
|  | Misto Holdings Corp. | 43711 | 1127463 |
|  | MK Electron Co. Ltd. | 78264 | 506136 |
| #\* | MONAYONGPYONG | 36482 | 88919 |
| # | Myoung Shin <br> Industrial Co. Ltd.<br>| 61462 | 401867 |
|  | Namhae Chemical <br> Corp.<br>| 23278 | 105231 |
|  | Namuga Co. Ltd. | 1614 | 19088 |
| # | Namyang Dairy <br> Products Co. Ltd.<br>| 15691 | 566795 |
|  | Nature Holdings Co. <br> Ltd.<br>| 16991 | 113768 |
|  | NAVER Corp. | 75359 | 14123494 |
| \* | Neowiz | 13085 | 224567 |
|  | Neowiz Holdings <br> Corp.<br>| 11651 | 188329 |
| \* | Neptune Co. | 21278 | 88010 |
| Ω | Netmarble Corp. | 37956 | 1438339 |
|  | New Power Plasma <br> Co. Ltd.<br>| 56383 | 244975 |
|  | Nexen Corp. | 82301 | 308824 |
| # | Nexen Tire Corp. | 108837 | 489924 |
| # | Nexteel Co. Ltd. | 12200 | 101136 |
| # | NH Investment & <br> Securities Co. Ltd.<br>| 487810 | 6954280 |
|  | NICE Holdings Co. <br> Ltd.<br>| 47084 | 458219 |
|  | Nice Information & <br> Telecommunication, <br> Inc.<br>| 10760 | 172441 |

---

1157

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Nong Shim Holdings <br> Co. Ltd.<br>| 9266 | $611254 |
| # | NongShim Co. Ltd. | 11140 | 3406276 |
|  | Noroo Holdings Co. <br> Ltd.<br>| 5769 | 93290 |
|  | NOROO Paint & <br> Coatings Co. Ltd.<br>| 43552 | 258539 |
|  | NOVAREX Co. Ltd. | 21936 | 262352 |
|  | NPC | 66175 | 188307 |
|  | OCI Co. Ltd. | 17992 | 744668 |
|  | Orion Corp. | 18964 | 1320557 |
| # | Orion Holdings Corp. | 92889 | 1236738 |
| #\* | Osung Advanced <br> Materials Co. Ltd.<br>| 279595 | 308073 |
| # | Otoki Corp. | 4520 | 1231684 |
|  | Pan Ocean Co. Ltd. | 868292 | 2332470 |
|  | Paradise Co. Ltd. | 153883 | 1993845 |
| # | Partron Co. Ltd. | 149811 | 726617 |
|  | PHA Co. Ltd. | 33179 | 271397 |
| # | Poongsan Corp. | 79221 | 6092787 |
| # | Poongsan Holdings <br> Corp.<br>| 42592 | 1154601 |
|  | POSCO Holdings, Inc. <br> (005490 KS)<br>| 58373 | 12695793 |
|  | POSCO Holdings, Inc. <br> (PKX US), <br> Sponsored ADR<br>| 551375 | 30116102 |
| # | POSCO Steeleon Co. <br> Ltd.<br>| 6325 | 170855 |
|  | Protec Co. Ltd. | 6148 | 134557 |
| \* | Refine Co. Ltd. | 6804 | 58957 |
|  | Rorze Systems Corp. | 10423 | 81365 |
| \* | Sajo Industries Co. <br> Ltd.<br>| 1771 | 59992 |
|  | Sajodaerim Corp. | 10562 | 278547 |
|  | Sam Young <br> Electronics Co. Ltd.<br>| 31048 | 232933 |
|  | SAMHWA Paints <br> Industrial Co. Ltd.<br>| 40166 | 163642 |
|  | Samji Electronics Co. <br> Ltd.<br>| 19061 | 166439 |
| # | Sammok S-Form Co. <br> Ltd.<br>| 26629 | 371706 |
| # | SAMPYO Cement Co. <br> Ltd.<br>| 125487 | 264530 |
|  | Samsung C&T Corp. | 169373 | 26803487 |
| # | Samsung Card Co. <br> Ltd. (029780 KS)<br>| 89930 | 3124236 |
|  | Samsung Electronics <br> Co. Ltd. (005930 <br> KS)<br>| 4455693 | 335407556 |
|  | Samsung Electronics <br> Co. Ltd. (SMSN LI), <br> GDR<br>| 7245 | 13521586 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | Samsung Engineering <br> Co. Ltd.<br>| 44475 | $808568 |
| # | Samsung Life <br> Insurance Co. Ltd.<br>| 108391 | 11713733 |
| # | Samsung SDI Co. <br> Ltd.<br>| 114145 | 25719306 |
|  | Samsung SDS Co. <br> Ltd.<br>| 29096 | 3732019 |
|  | Samsung Securities <br> Co. Ltd.<br>| 161578 | 8744879 |
|  | SAMT Co. Ltd. | 178062 | 460553 |
|  | Samwha Capacitor <br> Co. Ltd.<br>| 15192 | 359054 |
|  | Samyang Corp. | 8892 | 308640 |
| # | Samyang Holdings <br> Corp.<br>| 21200 | 1556427 |
|  | Samyang Tongsang <br> Co. Ltd.<br>| 2690 | 97624 |
| # | SeAH Besteel <br> Holdings Corp.<br>| 58805 | 1132129 |
| # | SeAH Holdings Corp. | 4354 | 366544 |
|  | SeAH Steel Corp. | 5976 | 530205 |
| # | SeAH Steel Holdings <br> Corp.<br>| 8469 | 851441 |
|  | Sebang Co. Ltd. | 49883 | 475286 |
| # | Sebang Global Battery <br> Co. Ltd.<br>| 30660 | 1400046 |
|  | Seegene, Inc. | 15963 | 283127 |
| # | Segyung Hitech Co. <br> Ltd.<br>| 32590 | 130458 |
|  | Sejong Industrial Co. <br> Ltd.<br>| 19312 | 111457 |
|  | Sekonix Co. Ltd. | 10575 | 40983 |
|  | Seohee Construction <br> Co. Ltd.<br>| 67983 | 77443 |
| #\* | Seoul Semiconductor <br> Co. Ltd.<br>| 102019 | 448173 |
| # | Seoyon Co. Ltd. | 41986 | 277905 |
| # | Seoyon E-Hwa Co. <br> Ltd.<br>| 77705 | 707713 |
|  | SFA Engineering <br> Corp.<br>| 7150 | 123937 |
|  | SGC Energy Co. Ltd. | 22681 | 359339 |
|  | Shin Heung Energy & <br> Electronics Co. Ltd.<br>| 46505 | 177871 |
|  | Shindaeyang Paper <br> Co. Ltd.<br>| 33740 | 291210 |
|  | Shinhan Financial <br> Group Co. Ltd. <br> (055550 KS)<br>| 640452 | 32895225 |
|  | Shinhan Financial <br> Group Co. Ltd. <br> (SHG US), ADR<br>| 943418 | 48765276 |

---

1158

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
| # | Shinsegae Information <br> & Communication <br> Co. Ltd.<br>| 17699 | $186625 |
|  | Shinsegae <br> International, Inc.<br>| 51606 | 371918 |
|  | Shinsegae, Inc. | 25513 | 3109566 |
|  | Shinyoung Securities <br> Co. Ltd.<br>| 6784 | 687537 |
|  | Silla Co. Ltd. | 23707 | 148897 |
|  | SIMPAC, Inc. | 103324 | 335158 |
|  | Sindoh Co. Ltd. | 4217 | 125827 |
| # | SK Chemicals Co. <br> Ltd.<br>| 10773 | 477365 |
|  | SK Discovery Co. <br> Ltd.<br>| 54122 | 2252904 |
| \* | SK Eternix Co. Ltd. | 9412 | 137022 |
| # | SK Gas Ltd. | 7256 | 1325847 |
| \*Ω | SK IE Technology Co. <br> Ltd.<br>| 8752 | 188021 |
|  | SK Innovation Co. <br> Ltd.<br>| 110636 | 9990994 |
|  | SK Networks Co. Ltd. | 455894 | 1451205 |
|  | SK, Inc. | 87974 | 15276931 |
| # | SL Corp. | 64890 | 1648739 |
| #\* | SNT Holdings Co. <br> Ltd.<br>| 35428 | 1575895 |
| # | SNT Motiv Co. Ltd. | 84772 | 2032800 |
| #\* | S-Oil Corp. | 117577 | 5918136 |
|  | Solid, Inc. | 23835 | 134194 |
|  | Songwon Industrial <br> Co. Ltd.<br>| 46414 | 312387 |
|  | Soosan Industries Co. <br> Ltd.<br>| 6845 | 104463 |
|  | Soulbrain Holdings <br> Co. Ltd.<br>| 20947 | 628534 |
|  | Spigen Korea Co. <br> Ltd.<br>| 5048 | 78976 |
|  | Suheung Co. Ltd. | 11240 | 210869 |
|  | Sungshin Cement Co. <br> Ltd.<br>| 71955 | 473521 |
| # | Sungwoo Hitech Co. <br> Ltd.<br>| 264620 | 1253923 |
|  | Sunjin Co. Ltd. | 26062 | 181976 |
| \* | Suprema, Inc. | 7249 | 171579 |
|  | Systems Technology, <br> Inc.<br>| 8286 | 132586 |
|  | Tae Kyung Industrial <br> Co. Ltd.<br>| 64197 | 227783 |
| # | Taekwang Industrial <br> Co. Ltd.<br>| 1368 | 769367 |
|  | TAEKYUNG BK Co. <br> Ltd.<br>| 7381 | 24695 |
| #\* | Taewoong Co. Ltd. | 26328 | 566983 |
|  | Telechips, Inc. | 15310 | 149538 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) | SOUTH KOREA — (Continued) |
|  | TEMC Co. Ltd. | 20002 | $130718 |
| # | TK Corp. | 26064 | 515988 |
|  | TKG Huchems Co. <br> Ltd.<br>| 19087 | 239289 |
| \* | Tongyang Life <br> Insurance Co. Ltd.<br>| 83184 | 394834 |
|  | Tovis Co. Ltd. | 19209 | 201820 |
| # | TS Corp. | 230626 | 453384 |
|  | TYM Corp. | 72457 | 302047 |
|  | Uju Electronics Co. <br> Ltd.<br>| 3275 | 88088 |
| # | Unid Co. Ltd. | 15727 | 741049 |
|  | Union Semiconductor <br> Equipment & <br> Materials Co. Ltd.<br>| 47426 | 331941 |
|  | Uniquest Corp. | 18792 | 101064 |
|  | Unitrontech Co. Ltd. | 33809 | 142818 |
| # | Value Added <br> Technology Co. <br> Ltd.<br>| 14519 | 223428 |
|  | Vitzro Tech Co. Ltd. | 2997 | 18517 |
| # | Webzen, Inc. | 27614 | 233682 |
| # | Whanin <br> Pharmaceutical Co. <br> Ltd.<br>| 34490 | 275779 |
|  | WiSoL Co. Ltd. | 47525 | 188334 |
| \* | Wonik Holdings Co. <br> Ltd.<br>| 57549 | 1101054 |
|  | Wonik Materials Co. <br> Ltd.<br>| 21064 | 478005 |
| # | Wonik QnC Corp. | 33500 | 548095 |
|  | Woori Financial <br> Group, Inc. (316140 <br> KS)<br>| 2136473 | 38032843 |
|  | Worldex Industry & <br> Trading Co. Ltd.<br>| 14967 | 263612 |
| # | Y G-1 Co. Ltd. | 61716 | 219319 |
|  | Young Poong Corp. | 17869 | 614213 |
| # | Youngone Corp. | 114742 | 4652507 |
| # | Youngone Holdings <br> Co. Ltd.<br>| 26845 | 2675753 |
| # | Yuanta Securities <br> Korea Co. Ltd.<br>| 315282 | 853705 |
|  | YuHwa Securities Co. <br> Ltd.<br>| 79076 | 149637 |
| # | Zinus, Inc. | 28010 | 271108 |
| TOTAL SOUTH KOREA | TOTAL SOUTH KOREA |  | 1614679318 |
| TAIWAN — (20.5%) | TAIWAN — (20.5%) | TAIWAN — (20.5%) | TAIWAN — (20.5%) |
|  | 91APP, Inc. | 28000 | 65556 |
|  | Abico Avy Co. Ltd. | 542735 | 877394 |
| # | Ability Enterprise Co. <br> Ltd.<br>| 862612 | 2393849 |

---

1159

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | AcBel Polytech, Inc. | 2583000 | $3642481 |
| # | Acer, Inc. | 9361109 | 9120766 |
| # | ACES Electronic Co. <br> Ltd.<br>| 564778 | 1257811 |
| \* | Acme Electronics <br> Corp.<br>| 23000 | 21759 |
| \* | Acon Holding, Inc. | 173000 | 46272 |
|  | Acter Group Corp. <br> Ltd.<br>| 96000 | 2396269 |
| # | Action Electronics Co. <br> Ltd.<br>| 718000 | 263042 |
| # | Actron Technology <br> Corp.<br>| 151000 | 681013 |
|  | ADATA Technology <br> Co. Ltd.<br>| 1011757 | 6495026 |
|  | Advanced Ceramic X <br> Corp.<br>| 34000 | 131187 |
| # | Advanced <br> International <br> Multitech Co. Ltd.<br>| 455000 | 882487 |
| # | Advanced Power <br> Electronics Corp.<br>| 164000 | 542976 |
|  | Advanced Wireless <br> Semiconductor Co.<br>| 24000 | 86281 |
| # | Advancetek Enterprise <br> Co. Ltd.<br>| 744000 | 850256 |
| # | AGV Products Corp. | 1869211 | 625529 |
| # | AIC, Inc. | 77000 | 947962 |
|  | Airoha Technology <br> Corp.<br>| 23000 | 372395 |
|  | Airtac International <br> Group<br>| 155000 | 4571719 |
|  | Allied Circuit Co. Ltd. | 11863 | 65486 |
| # | Allied Supreme Corp. | 96000 | 769318 |
| # | Alltek Technology <br> Corp.<br>| 585120 | 607114 |
|  | Alltop Technology Co. <br> Ltd.<br>| 12000 | 96210 |
| # | Alpha Networks, Inc. | 1039086 | 1092092 |
| # | Altek Corp. | 1819080 | 2919581 |
|  | Amazing <br> Microelectronic <br> Corp.<br>| 18000 | 58326 |
| # | Ambassador Hotel  | 1232000 | 1719518 |
|  | AMPACS Corp. | 38000 | 36154 |
|  | Ampire Co. Ltd. | 59000 | 48342 |
| # | AMPOC Far-East Co. <br> Ltd.<br>| 331292 | 971441 |
|  | AmTRAN Technology <br> Co. Ltd.<br>| 1974756 | 899747 |
| # | Anji Technology Co. <br> Ltd.<br>| 159000 | 192035 |
| # | Apacer Technology, <br> Inc.<br>| 522210 | 1750449 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | APAQ Technology Co. <br> Ltd.<br>| 45000 | $269066 |
| # | Apex Biotechnology <br> Corp.<br>| 281000 | 300215 |
| #\* | Apex International Co. <br> Ltd.<br>| 688794 | 464800 |
|  | Apex Science & <br> Engineering<br>| 401633 | 143485 |
|  | ARBOR Technology <br> Corp.<br>| 39000 | 51609 |
|  | Arcadyan Technology <br> Corp.<br>| 625000 | 4084470 |
|  | Ardentec Corp. | 2214058 | 6709238 |
|  | ARES International <br> Corp.<br>| 24000 | 39478 |
| # | Argosy Research, <br> Inc.<br>| 167000 | 993020 |
|  | Arizon RFID <br> Technology Cayman <br> Co. Ltd.<br>| 13000 | 59331 |
| # | ASE Technology <br> Holding Co. Ltd.<br>| 13730000 | 109850448 |
|  | Asia Cement Corp. | 7757589 | 9143446 |
|  | Asia Electronic <br> Material Co. Ltd.<br>| 91000 | 67851 |
| # | Asia Optical Co., Inc. | 736000 | 3733005 |
| # | Asia Polymer Corp. | 2200530 | 896138 |
| # | Asia Tech Image, Inc. | 120000 | 296798 |
|  | ASMedia Technology, <br> Inc.<br>| 70000 | 3268355 |
|  | ASolid Technology Co. <br> Ltd.<br>| 12000 | 30631 |
|  | ASROCK, Inc. | 141000 | 1466789 |
|  | Asustek Computer, <br> Inc.<br>| 2160000 | 48797635 |
| # | ATE Energy <br> International Co. <br> Ltd.<br>| 201000 | 195869 |
|  | Aten International Co. <br> Ltd.<br>| 7000 | 13775 |
|  | Audix Corp. | 399332 | 838067 |
|  | AUO Corp. (AUOTY <br> US), Sponsored <br> ADR<br>| 3009242 | 11916598 |
| # | Avalue Technology, <br> Inc.<br>| 166000 | 599910 |
| # | Axiomtek Co. Ltd. | 267000 | 711140 |
| # | Azurewave <br> Technologies, Inc.<br>| 221000 | 522971 |
| # | Bank of Kaohsiung <br> Co. Ltd.<br>| 4188320 | 1647275 |
| # | Baotek Industrial <br> Materials Ltd.<br>| 120000 | 194631 |

---

1160

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Basso Industry Corp. | 452000 | $478851 |
| # | BenQ Materials Corp. | 647000 | 436717 |
| #\* | BES Engineering <br> Corp.<br>| 7377443 | 3672301 |
| #\* | Bin Chuan Enterprise <br> Co. Ltd.<br>| 239000 | 516153 |
|  | B'in Live Co. Ltd. | 17000 | 43447 |
| #\* | Biostar Microtech <br> International Corp.<br>| 668055 | 493338 |
| # | Bioteque Corp. | 39000 | 156009 |
| # | Bizlink Holding, Inc. | 548505 | 24654370 |
|  | Bonny Worldwide Ltd. | 8000 | 40328 |
| # | Bright Led Electronics <br> Corp.<br>| 479000 | 318344 |
| # | Brightek <br> Optoelectronic Co. <br> Ltd.<br>| 68000 | 91681 |
|  | Brighton-Best <br> International <br> Taiwan, Inc.<br>| 359000 | 390892 |
| # | Brillian Network & <br> Automation <br> Integrated System <br> Co. Ltd.<br>| 79000 | 608480 |
|  | Brogent Technologies, <br> Inc.<br>| 5000 | 15440 |
| \* | Cameo <br> Communications, <br> Inc.<br>| 386712 | 125610 |
|  | Capital Futures Corp. | 162766 | 261600 |
|  | Capital Securities <br> Corp.<br>| 7557158 | 5995901 |
| # | Castles Technology <br> Co. Ltd.<br>| 146000 | 336775 |
|  | Caswell, Inc. | 112000 | 305414 |
| # | Catcher Technology <br> Co. Ltd.<br>| 1263000 | 8144132 |
| # | Cathay Chemical <br> Works<br>| 272000 | 397137 |
|  | Cathay Consolidated, <br> Inc.<br>| 14000 | 36799 |
| # | Cathay Financial <br> Holding Co. Ltd.<br>| 26941201 | 55910852 |
|  | Cathay Real Estate <br> Development Co. <br> Ltd.<br>| 2926694 | 2169824 |
| #\* | CCP Contact Probes <br> Co. Ltd.<br>| 42334 | 74380 |
| # | Celxpert Energy <br> Corp.<br>| 334304 | 441584 |
|  | Cenra, Inc. | 621632 | 686319 |
| # | Central Reinsurance <br> Co. Ltd.<br>| 1172148 | 934689 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Century Iron & Steel <br> Industrial Co. Ltd.<br>| 539000 | $2681302 |
| # | Chailease Holding Co. <br> Ltd.<br>| 4532019 | 15148604 |
| \* | ChainQui Construction <br> Development Co. <br> Ltd.<br>| 469393 | 225460 |
| # | Champion Building <br> Materials Co. Ltd.<br>| 1207445 | 356513 |
|  | Chang Hwa <br> Commercial Bank <br> Ltd.<br>| 17626698 | 11336337 |
|  | Chang Wah <br> Electromaterials, <br> Inc.<br>| 735000 | 1079288 |
|  | Chang Wah <br> Technology Co. <br> Ltd.<br>| 212000 | 277211 |
| # | Channel Well <br> Technology Co. <br> Ltd.<br>| 511000 | 1280096 |
|  | Charoen Pokphand <br> Enterprise<br>| 659600 | 2936647 |
| # | CHC Healthcare <br> Group<br>| 551000 | 771540 |
|  | CHC Resources <br> Corp.<br>| 63000 | 143888 |
| # | Chen Full International <br> Co. Ltd.<br>| 303000 | 393012 |
|  | Cheng Fwa Industrial <br> Co. Ltd.<br>| 35000 | 24360 |
| # | Cheng Loong Corp. | 4390659 | 2437712 |
| #\* | Cheng Mei Materials <br> Technology Corp.<br>| 822880 | 366116 |
| # | Cheng Shin Rubber <br> Industry Co. Ltd.<br>| 6434000 | 6670005 |
| # | Cheng Uei Precision <br> Industry Co. Ltd.<br>| 1237635 | 1978715 |
| # | Chenming Electronic <br> Technology Corp.<br>| 189000 | 758662 |
|  | Chia Chang Co. Ltd. | 481000 | 647231 |
| # | Chia Hsin Cement <br> Corp.<br>| 2597114 | 1092084 |
| # | Chicony Electronics <br> Co. Ltd.<br>| 1331000 | 5613009 |
| # | Chicony Power <br> Technology Co. <br> Ltd.<br>| 520000 | 1520818 |
|  | Chien Kuo <br> Construction Co. <br> Ltd.<br>| 712637 | 602273 |
|  | Chien Shing Harbour <br> Service Co. Ltd.<br>| 24496 | 34270 |

---

1161

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | China Airlines Ltd. | 13804353 | $8949474 |
| # | China Bills Finance <br> Corp.<br>| 3423000 | 1852989 |
|  | China Container <br> Terminal Corp.<br>| 105000 | 87023 |
|  | China Ecotek Corp. | 53000 | 95255 |
|  | China Electric <br> Manufacturing <br> Corp.<br>| 959432 | 393922 |
| # | China General <br> Plastics Corp.<br>| 693585 | 249954 |
| # | China Glaze Co. Ltd. | 346799 | 207002 |
| #\* | China Man-Made <br> Fiber Corp.<br>| 6645014 | 1348349 |
| # | China Metal Products | 1365969 | 1165108 |
| # | China Motor Corp. | 938099 | 1775612 |
| #\* | China Petrochemical <br> Development Corp.<br>| 11311068 | 2754585 |
| # | China Steel Chemical <br> Corp.<br>| 322000 | 852040 |
| # | China Steel Corp. | 26230320 | 15827478 |
|  | China Steel Structure <br> Co. Ltd.<br>| 7000 | 9357 |
|  | China Wire & Cable <br> Co. Ltd.<br>| 444600 | 550912 |
| # | Chinese Maritime <br> Transport Ltd.<br>| 357270 | 663337 |
| # | Ching Feng Home <br> Fashions Co. Ltd.<br>| 126752 | 81406 |
| # | Chin-Poon Industrial <br> Co. Ltd.<br>| 1810815 | 1925826 |
|  | Chipbond Technology <br> Corp.<br>| 2216000 | 4288527 |
|  | ChipMOS <br> Technologies, Inc. <br> (8150 TT)<br>| 2151085 | 2262952 |
|  | ChipMOS <br> Technologies, Inc. <br> (IMOS US), ADR<br>| 16133 | 343466 |
| # | Chlitina Holding Ltd. | 128000 | 415688 |
|  | Chong Hong <br> Construction Co. <br> Ltd.<br>| 585000 | 1496292 |
|  | Chun YU Works & Co. <br> Ltd.<br>| 848750 | 434226 |
| # | Chun Yuan Steel <br> Industry Co. Ltd.<br>| 2324287 | 1444793 |
| # | Chung Hwa Chemical <br> Industrial Works <br> Ltd.<br>| 80000 | 91260 |
| #\* | Chung Hwa Pulp <br> Corp.<br>| 1469353 | 596093 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \*†† | Chung Shing Textile <br> Co.<br>| 600 | $0 |
| # | Chung Tai Resource <br> Technology Corp.<br>| 30000 | 96751 |
|  | Chung-Hsin Electric & <br> Machinery <br> Manufacturing <br> Corp.<br>| 963000 | 4780832 |
|  | Chunghwa Precision <br> Test Tech Co. Ltd.<br>| 4000 | 208330 |
|  | Chyang Sheng Texing <br> Co. Ltd.<br>| 167000 | 92218 |
|  | Cleanaway Co. Ltd. <br> (8422 TT)<br>| 242000 | 1900570 |
|  | Clevo Co. | 1295000 | 1662108 |
| # | CMC Magnetics <br> Corp.<br>| 2090019 | 618541 |
| # | Collins Co. Ltd. | 658224 | 291577 |
| # | Compal Electronics, <br> Inc.<br>| 16160332 | 17268157 |
|  | Compeq <br> Manufacturing Co. <br> Ltd.<br>| 4826000 | 13639454 |
|  | Complex Micro <br> Interconnection Co. <br> Ltd.<br>| 33000 | 41828 |
|  | Compucase <br> Enterprise<br>| 236000 | 763051 |
|  | Concord Securities <br> Co. Ltd.<br>| 2472244 | 1022748 |
| # | Continental Holdings <br> Corp.<br>| 2142540 | 1507118 |
| # | Contrel Technology <br> Co. Ltd.<br>| 548000 | 700015 |
| # | Coremax Corp. | 224000 | 466674 |
| # | Coretronic Corp. | 1471800 | 4173298 |
| # | Creative Sensor, Inc. | 161000 | 278474 |
| # | Crowell Development <br> Corp.<br>| 144150 | 144725 |
|  | Cryomax Cooling <br> System Corp.<br>| 44926 | 58509 |
|  | CTBC Financial <br> Holding Co. Ltd.<br>| 57326073 | 77853522 |
| # | CTCI Corp. | 2103775 | 2085522 |
|  | CviLux Corp. | 280000 | 744720 |
| # | Cyberlink Corp. | 141000 | 429297 |
|  | CyberPower Systems, <br> Inc.<br>| 147000 | 1139536 |
| #\* | CyberTAN Technology, <br> Inc.<br>| 799000 | 689922 |
|  | DA CIN Construction <br> Co. Ltd.<br>| 1306063 | 2783859 |

---

1162

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Da-Li Development <br> Co. Ltd.<br>| 864392 | $1384132 |
| # | Darfon Electronics <br> Corp.<br>| 698000 | 815487 |
|  | Darwin Precisions <br> Corp.<br>| 1303671 | 473437 |
|  | De Licacy Industrial <br> Co. Ltd.<br>| 174222 | 61615 |
|  | Delpha Construction <br> Co. Ltd.<br>| 233000 | 224017 |
| # | Depo Auto Parts Ind <br> Co. Ltd.<br>| 538000 | 2383335 |
| # | DFI, Inc. | 62000 | 137265 |
| # | Dimerco Express <br> Corp.<br>| 367000 | 959453 |
| # | D-Link Corp. | 1414068 | 764195 |
|  | Donpon Precision, <br> Inc.<br>| 123200 | 190376 |
|  | Drewloong Precision, <br> Inc.<br>| 45331 | 222863 |
|  | Dyaco International, <br> Inc.<br>| 20000 | 14780 |
| # | Dynamic Holding Co. <br> Ltd.<br>| 934873 | 2717288 |
| # | Dynapack <br> International <br> Technology Corp.<br>| 750000 | 7447297 |
|  | E Ink Holdings, Inc. | 647000 | 4444835 |
|  | E.Sun Financial <br> Holding Co. Ltd.<br>| 28071982 | 27116003 |
| # | Eastech Holding Ltd. | 158000 | 557922 |
|  | Eastern Media <br> International Corp.<br>| 873090 | 584898 |
| # | Eclat Textile Co. Ltd. | 362000 | 4811166 |
| # | eCloudvalley Digital <br> Technology Co. <br> Ltd.<br>| 36000 | 83781 |
|  | ECOVE Environment <br> Corp.<br>| 11000 | 103353 |
|  | Edimax Technology <br> Co. Ltd.<br>| 58000 | 37165 |
|  | Edison Opto Corp. | 372250 | 216105 |
| #\* | Edom Technology Co. <br> Ltd.<br>| 988350 | 1214249 |
| # | Elan Microelectronics <br> Corp.<br>| 632000 | 2538266 |
|  | E-Lead Electronic Co. <br> Ltd.<br>| 106000 | 151596 |
| # | Elitegroup Computer <br> Systems Co. Ltd.<br>| 888395 | 583799 |
|  | Emerging Display <br> Technologies Corp.<br>| 407000 | 272677 |
| †† | ENG Electric Co. Ltd. | 11999 | 53 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Ennoconn Corp. | 411599 | $3900620 |
| # | Ennostar, Inc. | 2220210 | 2468116 |
| # | EnTie Commercial <br> Bank Co. Ltd.<br>| 2417232 | 1035997 |
|  | EOI Investment <br> Holdings Co. Ltd.<br>| 168000 | 103016 |
| \* | Epileds Technologies, <br> Inc.<br>| 139000 | 87647 |
| # | Episil-Precision, Inc. | 86000 | 156287 |
| # | Eris Technology Corp. | 10000 | 52905 |
| # | Eson Precision Ind <br> Co. Ltd.<br>| 435000 | 1164788 |
| # | Eternal Materials Co. <br> Ltd.<br>| 2553487 | 3382746 |
| # | Eurocharm Holdings <br> Co. Ltd.<br>| 73000 | 293429 |
|  | Eva Airways Corp. | 11359355 | 13334364 |
| \* | Everest Textile Co. <br> Ltd.<br>| 1630813 | 300057 |
|  | Evergreen Aviation <br> Technologies Corp.<br>| 356000 | 1710189 |
|  | Evergreen <br> International <br> Storage & Transport <br> Corp.<br>| 1294500 | 2408495 |
| # | Evergreen Marine <br> Corp. Taiwan Ltd.<br>| 3931658 | 24663753 |
|  | EVERGREEN Steel <br> Corp.<br>| 706000 | 2437654 |
| # | Everlight Chemical <br> Industrial Corp.<br>| 1197950 | 727396 |
|  | Everlight Electronics <br> Co. Ltd.<br>| 2218000 | 4217883 |
| # | Evertop Wire Cable <br> Corp.<br>| 545000 | 600673 |
| # | Excelsior Medical Co. <br> Ltd.<br>| 632465 | 1745595 |
|  | Far Eastern <br> Department Stores <br> Ltd.<br>| 4119445 | 2895827 |
|  | Far Eastern <br> International Bank<br>| 14059848 | 5775798 |
|  | Far Eastern New <br> Century Corp.<br>| 13016528 | 11201244 |
|  | Far EasTone <br> Telecommunications <br> Co. Ltd.<br>| 5093397 | 15296231 |
|  | Farglory F T Z <br> Investment Holding <br> Co. Ltd.<br>| 499655 | 786822 |
| # | Farglory Land <br> Development Co. <br> Ltd.<br>| 1375264 | 2409491 |

---

1163

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Feedback Technology <br> Corp.<br>| 143127 | $501156 |
| # | Feng Hsin Steel Co. <br> Ltd.<br>| 415000 | 853637 |
| # | Feng TAY Enterprise <br> Co. Ltd.<br>| 552000 | 2184900 |
| \* | FineMat Applied <br> Materials Co. Ltd.<br>| 27000 | 30767 |
|  | First Financial Holding <br> Co. Ltd.<br>| 30402651 | 28200302 |
|  | First Hotel | 974857 | 410486 |
| # | First Insurance Co. <br> Ltd. <br>| 1400064 | 1196128 |
| \* | First Steamship Co. <br> Ltd.<br>| 2874042 | 538093 |
| # | FIT Holding Co. Ltd. | 315150 | 379302 |
|  | Fitipower Integrated <br> Technology, Inc.<br>| 359550 | 1771820 |
| # | Flytech Technology <br> Co. Ltd.<br>| 307000 | 1058469 |
| # | FocalTech Systems <br> Co. Ltd.<br>| 636000 | 1217664 |
|  | Forcecon Tech Co. <br> Ltd.<br>| 224057 | 794785 |
| # | Forest Water <br> Environment <br> Engineering Co. <br> Ltd.<br>| 150052 | 196301 |
| # | Formosa Advanced <br> Technologies Co. <br> Ltd.<br>| 941000 | 1157897 |
| # | Formosa Chemicals & <br> Fibre Corp.<br>| 7606000 | 7197124 |
| # | Formosa Laboratories, <br> Inc.<br>| 492478 | 990815 |
|  | Formosa Oilseed <br> Processing Co. Ltd.<br>| 39035 | 38815 |
|  | Formosa Optical <br> Technology Co. <br> Ltd.<br>| 27000 | 85745 |
|  | Formosa <br> Petrochemical <br> Corp.<br>| 2453000 | 3566540 |
| # | Formosa Plastics <br> Corp.<br>| 9055000 | 11189678 |
| # | Formosa Sumco <br> Technology Corp.<br>| 186000 | 600871 |
|  | Formosa Taffeta Co. <br> Ltd.<br>| 3132511 | 1515143 |
| # | Formosan Rubber <br> Group, Inc.<br>| 1162761 | 897477 |
| # | Formosan Union <br> Chemical Corp.<br>| 1809843 | 978288 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Founding Construction <br> & Development Co. <br> Ltd.<br>| 1012418 | $490282 |
|  | Foxconn Technology <br> Co. Ltd.<br>| 2465142 | 5698292 |
|  | Foxsemicon <br> Integrated <br> Technology, Inc.<br>| 291000 | 3487761 |
| # | Franbo Lines Corp. | 600392 | 420784 |
|  | Froch Enterprise Co. <br> Ltd.<br>| 1037734 | 468439 |
| # | FSP Technology, Inc. | 810292 | 1592475 |
| # | Fu Chun Shin <br> Machinery <br> Manufacture Co. <br> Ltd.<br>| 248097 | 157434 |
| # | Fu Hua Innovation Co. <br> Ltd.<br>| 1819914 | 1158288 |
|  | Fubon Financial <br> Holding Co. Ltd.<br>| 25450476 | 75322369 |
| # | Fulgent Sun <br> International <br> Holding Co. Ltd.<br>| 517623 | 1610918 |
|  | Fullerton Technology <br> Co. Ltd.<br>| 402200 | 307371 |
| #\* | Fulltech Fiber Glass <br> Corp.<br>| 1326833 | 3105098 |
|  | Fusheng Precision <br> Co. Ltd.<br>| 300000 | 2359572 |
| # | Fwusow Industry Co. <br> Ltd.<br>| 1282429 | 568586 |
| # | G Shank Enterprise <br> Co. Ltd.<br>| 809107 | 2524762 |
| # | Gamania Digital <br> Entertainment Co. <br> Ltd.<br>| 456000 | 879208 |
|  | Gemtek Technology <br> Corp.<br>| 1441962 | 1224178 |
| \* | General Interface <br> Solution GIS <br> Holding Ltd.<br>| 891000 | 1426965 |
|  | Generalplus <br> Technology, Inc.<br>| 213000 | 270561 |
|  | Genesys Logic, Inc. | 69000 | 240876 |
|  | Genius Electronic <br> Optical Co. Ltd.<br>| 316000 | 4293860 |
|  | GeoVision, Inc. | 95000 | 142488 |
|  | Getac Holdings Corp. | 1199065 | 5371301 |
| # | Giant Manufacturing <br> Co. Ltd.<br>| 912000 | 3004710 |
| #\* | Giantplus Technology <br> Co. Ltd.<br>| 1729100 | 667425 |

---

1164

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Gigabyte Technology <br> Co. Ltd.<br>| 1568287 | $14217053 |
| # | Global Brands <br> Manufacture Ltd.<br>| 1584468 | 5992468 |
|  | Global Lighting <br> Technologies, Inc.<br>| 167000 | 226401 |
|  | Global Mixed Mode <br> Technology, Inc.<br>| 176000 | 1331200 |
| # | Global PMX Co. Ltd. | 166000 | 767513 |
| # | Global View Co. Ltd. | 28000 | 55032 |
| # | Globalwafers Co. Ltd. | 722000 | 11870378 |
| # | Globe Union Industrial <br> Corp.<br>| 919126 | 307388 |
| # | Gloria Material <br> Technology Corp.<br>| 1886116 | 2083185 |
| # | GMI Technology, Inc. | 66143 | 83551 |
|  | Golden Long Teng <br> Development Co. <br> Ltd.<br>| 93000 | 83163 |
|  | Goldsun Building <br> Materials Co. Ltd.<br>| 4517171 | 5310773 |
|  | Good Will Instrument <br> Co. Ltd.<br>| 269746 | 499277 |
| # | Gordon Auto Body <br> Parts<br>| 421000 | 433486 |
| # | Gourmet Master Co. <br> Ltd.<br>| 352000 | 798404 |
| # | Grand Fortune <br> Securities Co. Ltd.<br>| 1169929 | 452053 |
| #\* | Grand Pacific <br> Petrochemical<br>| 3619018 | 1211907 |
| # | Grape King Bio Ltd. | 294000 | 1179913 |
| # | Great China Metal <br> Industry<br>| 842000 | 550310 |
|  | Great Tree Pharmacy <br> Co. Ltd.<br>| 40000 | 143569 |
|  | Great Wall Enterprise <br> Co. Ltd.<br>| 2486236 | 4199096 |
|  | Greatek Electronics, <br> Inc.<br>| 809000 | 1849958 |
| # | Group Up Industrial <br> Co. Ltd.<br>| 113000 | 1019889 |
| # | GTM Holdings Corp. | 622900 | 614539 |
|  | Hannstar Board Corp. | 1500048 | 4588437 |
| \* | HannStar Display <br> Corp.<br>| 4952435 | 1148248 |
| \* | HannsTouch Holdings <br> Co.<br>| 1049001 | 218123 |
| # | Hanpin Electron Co. <br> Ltd.<br>| 334000 | 499071 |
| #\* | Harvatek Corp. | 770553 | 506534 |
|  | Heran Co. Ltd. | 12000 | 24841 |
|  | Hey Song Corp. | 1745500 | 2118283 |
|  | Hi-Clearance, Inc. | 4296 | 19215 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Highlight Tech Corp. | 43600 | $62304 |
| †† | High-Tek Harness <br> Enterprise Co. Ltd.<br>| 179000 | 8676 |
| # | Highwealth <br> Construction Corp.<br>| 4416258 | 5593307 |
|  | Hi-Lai Foods Co. Ltd. | 25000 | 130029 |
|  | HIM International <br> Music, Inc.<br>| 4000 | 12160 |
| \* | Hitron Technology, <br> Inc.<br>| 219000 | 172500 |
| # | Hiwin Technologies <br> Corp.<br>| 696000 | 5025206 |
| # | Hiyes International <br> Co. Ltd.<br>| 159651 | 433565 |
| # | Ho Tung Chemical <br> Corp.<br>| 4467475 | 1189742 |
| # | Hocheng Corp. | 1185066 | 688709 |
| # | Holdings-Key Electric <br> Wire & Cable Co. <br> Ltd.<br>| 371699 | 537461 |
|  | Holiday Entertainment <br> Co. Ltd.<br>| 23000 | 45326 |
| # | Holy Stone Enterprise <br> Co. Ltd.<br>| 432800 | 1601244 |
|  | Hon Hai Precision <br> Industry Co. Ltd. <br> (2317 TT)<br>| 40490192 | 336772374 |
| # | Hong Pu Real Estate <br> Development Co. <br> Ltd.<br>| 1038655 | 880638 |
|  | Hong TAI Electric <br> Industrial<br>| 1279000 | 1635021 |
| # | Horizon Securities Co. <br> Ltd.<br>| 354820 | 125615 |
| # | Hota Industrial <br> Manufacturing Co. <br> Ltd.<br>| 672000 | 1295277 |
| # | Hotai Finance Co. <br> Ltd.<br>| 313000 | 626439 |
|  | Hotai Motor Co. Ltd. | 32000 | 586669 |
| # | Hsin Kuang Steel Co. <br> Ltd.<br>| 800000 | 1031638 |
| # | Hsing TA Cement Co. | 862614 | 433850 |
|  | Hu Lane Associate, <br> Inc.<br>| 327626 | 1399933 |
| # | HUA ENG Wire & <br> Cable Co. Ltd.<br>| 362000 | 387417 |
|  | Hua Nan Financial <br> Holdings Co. Ltd.<br>| 23227604 | 22037800 |
| # | Hua Yu Lien <br> Development Co. <br> Ltd.<br>| 204525 | 413276 |

---

1165

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Huaku Development <br> Co. Ltd.<br>| 1040655 | $3520137 |
| # | Huang Hsiang <br> Construction Corp.<br>| 424947 | 569056 |
| # | Hung Ching <br> Development & <br> Construction Co. <br> Ltd.<br>| 857468 | 759942 |
|  | Hung Sheng <br> Construction Ltd.<br>| 1724269 | 1194385 |
| # | Huxen Corp. | 173281 | 272715 |
| # | Hwa Fong Rubber <br> Industrial Co. Ltd.<br>| 455000 | 223325 |
| # | Hwacom Systems, <br> Inc.<br>| 414000 | 328110 |
| # | Ibase Technology, <br> Inc.<br>| 122000 | 193894 |
|  | IBF Financial Holdings <br> Co. Ltd.<br>| 13768262 | 6817655 |
| # | Ichia Technologies, <br> Inc.<br>| 1160260 | 1912962 |
| # | IEI Integration Corp. | 500200 | 1086807 |
| # | Infortrend Technology, <br> Inc.<br>| 729000 | 541928 |
|  | Info-Tek Corp. | 54000 | 64060 |
|  | Innodisk Corp. | 169311 | 2363293 |
|  | Innolux Corp. | 18643431 | 8029444 |
| # | Inpaq Technology Co. <br> Ltd.<br>| 348930 | 982866 |
| # | Integrated Service <br> Technology, Inc.<br>| 240203 | 860183 |
| \* | IntelliEPI, Inc. | 5000 | 25346 |
| # | Interactive Digital <br> Technologies, Inc.<br>| 40000 | 96205 |
| \* | International CSRC <br> Investment Holdings <br> Co.<br>| 2975166 | 988249 |
| # | Inventec Corp. | 7953277 | 11803861 |
| # | Iron Force Industrial <br> Co. Ltd.<br>| 190420 | 587411 |
|  | ITE Technology, Inc. | 437479 | 1849633 |
| # | ITEQ Corp. | 711000 | 2691962 |
| # | Jarllytec Co. Ltd. | 111725 | 355329 |
| # | Jean Co. Ltd. | 531709 | 440400 |
|  | Jetway Information <br> Co. Ltd.<br>| 33000 | 57495 |
| # | Jia Wei Lifestyle, Inc. | 130200 | 168510 |
| # | Jiin Yeeh Ding <br> Enterprise Co. Ltd.<br>| 231000 | 482307 |
| # | Jinan Acetate <br> Chemical Co. Ltd.<br>| 2016000 | 3945158 |
| # | Jochu Technology Co. <br> Ltd.<br>| 42000 | 65312 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Johnson Health Tech <br> Co. Ltd.<br>| 71000 | $367680 |
| # | JPC connectivity, Inc. | 173000 | 934962 |
|  | JPP Holding Co. Ltd. | 72000 | 741325 |
|  | JSL Construction & <br> Development Co. <br> Ltd.<br>| 31000 | 51368 |
| # | K Laser Technology, <br> Inc.<br>| 785601 | 398098 |
| # | Kaimei Electronic <br> Corp.<br>| 351400 | 1067571 |
| # | Kedge Construction <br> Co. Ltd.<br>| 205481 | 586902 |
|  | Kenda Rubber <br> Industrial Co. Ltd.<br>| 1507409 | 981562 |
|  | Kent Industrial Co. <br> Ltd.<br>| 18000 | 14582 |
|  | Kerry TJ Logistics Co. <br> Ltd.<br>| 206000 | 225178 |
| # | Keystone Microtech <br> Corp.<br>| 45000 | 618536 |
|  | KGI Financial Holding <br> Co. Ltd.<br>| 52866127 | 27270541 |
| # | KHGEARS <br> International Ltd.<br>| 105000 | 592336 |
| # | Kindom Development <br> Co. Ltd.<br>| 2075700 | 2244629 |
| # | King Chou Marine <br> Technology Co. <br> Ltd.<br>| 301100 | 501697 |
|  | King Polytechnic <br> Engineering Co. <br> Ltd.<br>| 122100 | 180574 |
|  | King Yuan Electronics <br> Co. Ltd.<br>| 3451805 | 24202056 |
| #\* | King's Town <br> Construction Co. <br> Ltd.<br>| 393380 | 533007 |
| #\* | Kinko Optical Co. Ltd. | 572756 | 852292 |
| # | Kinpo Electronics | 5886375 | 4331784 |
|  | Kinsus Interconnect <br> Technology Corp.<br>| 1359000 | 5997898 |
| # | KMC Kuei Meng <br> International, Inc.<br>| 130000 | 380360 |
| # | KS Terminals, Inc. | 419000 | 681702 |
|  | Kuen Ling Machinery <br> Refrigerating Co. <br> Ltd.<br>| 8000 | 10112 |
| # | Kung Long Batteries <br> Industrial Co. Ltd.<br>| 119000 | 469768 |
| #\* | Kung Sing <br> Engineering Corp.<br>| 2211875 | 832984 |

---

1166

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Kuo Toong <br> International Co. <br> Ltd.<br>| 791808 | $1484019 |
|  | Kwong Fong <br> Industries Corp.<br>| 481649 | 177623 |
|  | Kwong Lung <br> Enterprise Co. Ltd.<br>| 338000 | 525411 |
| # | L&K Engineering Co. <br> Ltd.<br>| 426303 | 6594963 |
| # | La Kaffa International <br> Co. Ltd.<br>| 11000 | 26506 |
| \* | LAN FA Textile | 985713 | 383153 |
| # | Lanner Electronics, <br> Inc.<br>| 337000 | 880888 |
| # | Largan Precision Co. <br> Ltd. (3008 TT)<br>| 329000 | 23613707 |
| # | Laser Tek Taiwan Co. <br> Ltd.<br>| 129000 | 216696 |
| # | Laster Tech Co. Ltd. | 397172 | 268177 |
|  | Leadtrend Technology <br> Corp.<br>| 22000 | 34350 |
| #\* | Lealea Enterprise Co. <br> Ltd.<br>| 3801898 | 804580 |
| # | LEE CHI Enterprises <br> Co. Ltd.<br>| 891900 | 341813 |
| # | Lelon Electronics <br> Corp.<br>| 395000 | 1393575 |
| # | Lemtech Holdings Co. <br> Ltd.<br>| 132300 | 343429 |
|  | Leo Systems, Inc. | 50000 | 57775 |
| \* | Leofoo Development <br> Co. Ltd.<br>| 148000 | 81046 |
| \* | Li Peng Enterprise <br> Co. Ltd.<br>| 2274381 | 410195 |
|  | Lian HWA Food Corp. | 18000 | 64821 |
| # | Lien Hwa Industrial <br> Holdings Corp.<br>| 2175539 | 3412792 |
| # | Lingsen Precision <br> Industries Ltd.<br>| 1924480 | 1284587 |
|  | Lion Travel Service <br> Co. Ltd.<br>| 251000 | 1279650 |
|  | Lite-On Technology <br> Corp.<br>| 6635738 | 38497141 |
| # | Liton Technology <br> Corp.<br>| 106000 | 164266 |
| \* | Long Bon International <br> Co. Ltd.<br>| 240880 | 115135 |
| # | Long Da Construction <br> & Development <br> Corp.<br>| 604000 | 560000 |
| #\* | Longchen Paper & <br> Packaging Co. Ltd.<br>| 4007859 | 1218813 |
| # | Longwell Co. | 670000 | 4075554 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Lotes Co. Ltd. | 101000 | $4503156 |
|  | Lotus Pharmaceutical <br> Co. Ltd.<br>| 558000 | 5353070 |
|  | Loyalty Founder <br> Enterprise Co. Ltd.<br>| 164000 | 159967 |
| # | Lucky Cement Corp. | 775000 | 376681 |
| # | Lumax International <br> Corp. Ltd.<br>| 215000 | 690820 |
| \* | Lung Yen Life Service <br> Corp.<br>| 186000 | 314406 |
|  | Lungteh Shipbuilding <br> Co. Ltd.<br>| 99000 | 385547 |
| # | Macauto Industrial Co. <br> Ltd.<br>| 109000 | 210790 |
| # | Macnica Galaxy, Inc. | 9000 | 25673 |
| \* | Macronix International <br> Co. Ltd.<br>| 6977605 | 7034362 |
|  | Magnate Technology <br> Co. Ltd.<br>| 17000 | 23428 |
|  | Makalot Industrial Co. <br> Ltd.<br>| 337000 | 2940297 |
| # | Marketech <br> International Corp.<br>| 220000 | 1749706 |
| # | Materials Analysis <br> Technology, Inc.<br>| 147000 | 968369 |
| # | Mayer Steel Pipe <br> Corp.<br>| 716947 | 554538 |
| # | Maywufa Co. Ltd. | 182070 | 129050 |
|  | MediaTek, Inc. | 288000 | 12213914 |
|  | Mega Financial <br> Holding Co. Ltd.<br>| 20752717 | 27283486 |
| # | Megaforce Co. Ltd. | 152000 | 203942 |
| # | Mercuries & <br> Associates Holding <br> Ltd.<br>| 2348771 | 1091225 |
| # | Mercuries Data <br> Systems Ltd.<br>| 141000 | 116953 |
| \* | Mercuries Life <br> Insurance Co. Ltd.<br>| 3940589 | 926474 |
|  | Merida Industry Co. <br> Ltd.<br>| 665000 | 2155138 |
| # | Merry Electronics Co. <br> Ltd.<br>| 847245 | 2815022 |
| # | METAAGE Corp. | 221000 | 373111 |
| # | Micro-Star <br> International Co. <br> Ltd.<br>| 1734000 | 6146874 |
| # | Mildef Crete, Inc. | 142000 | 494157 |
| # | MIN AIK Technology <br> Co. Ltd.<br>| 293600 | 209690 |
| # | Mitac Holdings Corp. | 2813450 | 9081693 |
| # | Motech Industries, <br> Inc.<br>| 932000 | 514219 |
| # | MSSCORPS Co. Ltd. | 135019 | 748927 |

---

1167

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Nak Sealing <br> Technologies Corp.<br>| 92000 | $318006 |
| # | Namchow Holdings <br> Co. Ltd.<br>| 481000 | 605209 |
| # | Nan Kang Rubber Tire <br> Co. Ltd.<br>| 751030 | 882703 |
|  | Nan Pao Resins <br> Chemical Co. Ltd.<br>| 183000 | 2180428 |
| \* | Nan Ren Lake Leisure <br> Amusement Co. <br> Ltd.<br>| 135739 | 43802 |
| # | Nan Ya Plastics Corp. | 11459000 | 15419259 |
| # | Nan Ya Printed Circuit <br> Board Corp.<br>| 631000 | 5914356 |
|  | Nang Kuang <br> Pharmaceutical Co. <br> Ltd.<br>| 171000 | 215917 |
| # | Nantex Industry Co. <br> Ltd.<br>| 508000 | 368045 |
| #\* | Nanya Technology <br> Corp.<br>| 3078000 | 13144583 |
| # | National Aerospace <br> Fasteners Corp.<br>| 94000 | 328184 |
|  | Netronix, Inc. | 25000 | 109286 |
| \* | New Asia Construction <br> & Development <br> Corp.<br>| 394000 | 189357 |
| # | Nichidenbo Corp. | 589000 | 1725161 |
|  | Nien Hsing Textile Co. <br> Ltd.<br>| 470061 | 253641 |
|  | Nien Made Enterprise <br> Co. Ltd.<br>| 210000 | 2515763 |
| # | Niko Semiconductor <br> Co. Ltd.<br>| 180525 | 331214 |
| # | Nishoku Technology, <br> Inc.<br>| 201000 | 828458 |
|  | North-Star <br> International Co. <br> Ltd.<br>| 108000 | 92799 |
|  | Nova Technology <br> Corp.<br>| 56000 | 312731 |
| # | Novatek <br> Microelectronics <br> Corp.<br>| 493000 | 6281379 |
|  | Nuvoton Technology <br> Corp.<br>| 347000 | 692127 |
|  | O-Bank Co. Ltd. | 3349604 | 985512 |
|  | Ocean Plastics Co. <br> Ltd.<br>| 70000 | 81898 |
|  | Optimax Technology <br> Corp.<br>| 241000 | 156972 |
|  | Orient Semiconductor <br> Electronics Ltd.<br>| 1115670 | 1751896 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| #\* | Oriental Union <br> Chemical Corp.<br>| 948000 | $368127 |
|  | O-TA Precision <br> Industry Co. Ltd.<br>| 6000 | 14478 |
| # | Pacific Construction <br> Co.<br>| 1552452 | 480835 |
| # | Paiho Shih Holdings <br> Corp.<br>| 368335 | 298123 |
| # | Pan German <br> Universal Motors <br> Ltd.<br>| 59000 | 556643 |
|  | Pan Jit International, <br> Inc.<br>| 1024100 | 2795669 |
| # | Pan-International <br> Industrial Corp.<br>| 2067444 | 3755646 |
|  | Panion & BF Biotech, <br> Inc.<br>| 5000 | 10762 |
|  | Parade Technologies <br> Ltd.<br>| 207000 | 4560668 |
| # | Parpro Corp. | 28000 | 47835 |
| \* | PChome Online, Inc. | 564061 | 638177 |
| # | PCL Technologies, <br> Inc.<br>| 198000 | 766227 |
|  | Pegatron Corp. | 8508998 | 20470845 |
| # | Pegavision Corp. | 131000 | 1449009 |
| # | PharmaEngine, Inc. | 148000 | 341923 |
| #\* | Phihong Technology <br> Co. Ltd.<br>| 78000 | 77116 |
|  | Phison Electronics <br> Corp.<br>| 394000 | 13583633 |
|  | Phoenix Silicon <br> International Corp.<br>| 257000 | 1438361 |
|  | Phoenix Tours <br> International, Inc.<br>| 49350 | 82869 |
|  | Pixart Imaging, Inc. | 422000 | 3167767 |
| # | Posiflex Technology, <br> Inc.<br>| 133000 | 931834 |
|  | Pou Chen Corp. | 8449550 | 8039685 |
| #\* | Powerchip <br> Semiconductor <br> Manufacturing <br> Corp.<br>| 2930000 | 2974198 |
|  | Powertech <br> Technology, Inc.<br>| 2576000 | 14389932 |
|  | President Securities <br> Corp.<br>| 4623589 | 3555996 |
|  | Primax Electronics <br> Ltd.<br>| 1899000 | 5109645 |
|  | Prince Housing & <br> Development Corp.<br>| 3502018 | 1014862 |
|  | Promate Electronic <br> Co. Ltd.<br>| 592793 | 913178 |

---

1168

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Prosperity Dielectrics <br> Co. Ltd.<br>| 277000 | $528230 |
|  | Qisda Corp. | 4562620 | 4584642 |
| # | QST International <br> Corp.<br>| 210858 | 290926 |
|  | Qualipoly Chemical <br> Corp.<br>| 290593 | 1705895 |
|  | Quang Viet Enterprise <br> Co. Ltd.<br>| 35410 | 88862 |
| # | Quanta Computer, <br> Inc.<br>| 380000 | 3685327 |
| # | Quanta Storage, Inc. | 583000 | 2008536 |
| #\* | Quintain Steel Co. <br> Ltd.<br>| 1325247 | 375367 |
|  | Radiant <br> Opto-Electronics <br> Corp.<br>| 1869000 | 8006120 |
| # | Radium Life Tech Co. <br> Ltd.<br>| 2274543 | 812376 |
| # | Raydium <br> Semiconductor <br> Corp.<br>| 180000 | 1422460 |
| # | Rechi Precision Co. <br> Ltd.<br>| 1099000 | 824054 |
| # | Rexon Industrial Corp. <br> Ltd.<br>| 370000 | 331394 |
| # | Rich Development Co. <br> Ltd.<br>| 2050175 | 564532 |
|  | RiTdisplay Corp. | 63464 | 68134 |
| \* | Ritek Corp. | 2442449 | 789892 |
|  | Ruentex Development <br> Co. Ltd.<br>| 3708900 | 3592506 |
|  | Ruentex Industries <br> Ltd.<br>| 742385 | 1295127 |
|  | Run Long <br> Construction Co. <br> Ltd.<br>| 549000 | 677700 |
| # | Sakura Development <br> Co. Ltd.<br>| 309600 | 483616 |
|  | Sampo Corp. | 1886340 | 1508389 |
| # | San Fang Chemical <br> Industry Co. Ltd.<br>| 341000 | 342558 |
|  | San Fu Chemical Co. <br> Ltd.<br>| 26000 | 91582 |
|  | San Lien Technology <br> Corp. Ltd.<br>| 15000 | 40223 |
|  | Sanyang Motor Co. <br> Ltd.<br>| 1694624 | 3325117 |
| # | Savior Lifetec Corp. | 560000 | 311133 |
| # | ScinoPharm Taiwan <br> Ltd.<br>| 301000 | 171361 |
| # | SciVision Biotech, <br> Inc.<br>| 68000 | 198188 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | SDI Corp. | 390000 | $1078997 |
|  | Sea Sonic Electronics <br> Co. Ltd.<br>| 71000 | 158799 |
|  | Senao International <br> Co. Ltd.<br>| 33000 | 31126 |
| # | Senao Networks, Inc. | 76000 | 374928 |
|  | Sensortek Technology <br> Corp.<br>| 14000 | 86424 |
|  | Sercomm Corp. | 792000 | 2538263 |
|  | Sesoda Corp. | 787279 | 772196 |
|  | Shanghai Commercial <br> & Savings Bank <br> Ltd.<br>| 8042566 | 10353243 |
|  | Sharehope Medicine <br> Co. Ltd.<br>| 271191 | 214221 |
| # | Sheng Yu Steel Co. <br> Ltd.<br>| 611000 | 420726 |
| # | ShenMao Technology, <br> Inc.<br>| 283000 | 929651 |
|  | Shieh Yih Machinery <br> Industry Co. Ltd.<br>| 169000 | 117370 |
| # | Shih Her <br> Technologies, Inc.<br>| 279069 | 1567838 |
| \* | Shih Wei Navigation <br> Co. Ltd.<br>| 1375271 | 782582 |
| # | Shihlin Electric & <br> Engineering Corp.<br>| 461000 | 2979667 |
| # | Shin Ruenn <br> Development Co. <br> Ltd.<br>| 162776 | 308168 |
| # | Shin Zu Shing Co. <br> Ltd.<br>| 445517 | 3041601 |
| \* | Shining Building <br> Business Co. Ltd.<br>| 206368 | 60723 |
|  | Shinkong Insurance <br> Co. Ltd.<br>| 763412 | 2790928 |
| # | Shinkong Synthetic <br> Fibers Corp.<br>| 6366754 | 2759598 |
| # | Shinkong Textile Co. <br> Ltd.<br>| 163000 | 299283 |
| # | Shiny Chemical <br> Industrial Co. Ltd.<br>| 101000 | 478126 |
| \* | Shuttle, Inc. | 1323015 | 795755 |
|  | Sigurd <br> Microelectronics <br> Corp.<br>| 2351231 | 7954816 |
| # | Silergy Corp. | 571000 | 4108225 |
|  | Silitech Technology <br> Corp.<br>| 20000 | 22801 |
|  | Simplo Technology <br> Co. Ltd.<br>| 472000 | 5372922 |
|  | Sinbon Electronics <br> Co. Ltd.<br>| 607000 | 4160232 |

---

1169

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Sincere Navigation <br> Corp.<br>| 1085242 | $852417 |
|  | Singatron Enterprise <br> Co. Ltd.<br>| 25000 | 24865 |
| # | Sinmag Equipment <br> Corp.<br>| 27000 | 118053 |
|  | Sino-American Silicon <br> Products, Inc.<br>| 1492000 | 6037398 |
| # | Sinon Corp. | 1847877 | 2563241 |
|  | SinoPac Financial <br> Holdings Co. Ltd.<br>| 48999196 | 40786587 |
| # | Sinopower <br> Semiconductor, Inc.<br>| 69000 | 240909 |
|  | Sinphar <br> Pharmaceutical Co. <br> Ltd.<br>| 374682 | 392011 |
|  | Sinyi Realty, Inc. | 256000 | 188527 |
| # | Sirtec International <br> Co. Ltd.<br>| 285200 | 233525 |
|  | Sitronix Technology <br> Corp.<br>| 303000 | 1968729 |
| # | Siward Crystal <br> Technology Co. <br> Ltd.<br>| 740875 | 542050 |
|  | Sixxon Tech Co. Ltd. | 3000 | 15837 |
| # | Soft-World <br> International Corp.<br>| 136000 | 450569 |
| # | Solar Applied <br> Materials <br> Technology Corp.<br>| 1945000 | 3738290 |
| # | Solteam, Inc. | 215742 | 338145 |
| # | Song Shang <br> Electronics Co. Ltd.<br>| 186000 | 129602 |
|  | Sonix Technology Co. <br> Ltd.<br>| 13000 | 14832 |
| # | Southeast Cement <br> Co. Ltd.<br>| 901700 | 486053 |
| # | Speed Tech Corp. | 456000 | 698686 |
|  | Spirox Corp. | 63563 | 120417 |
|  | Sporton International, <br> Inc.<br>| 98000 | 569845 |
| # | Sports Gear Co. Ltd. | 85000 | 309717 |
| # | St. Shine Optical Co. <br> Ltd.<br>| 171000 | 725690 |
| # | Standard Chemical & <br> Pharmaceutical Co. <br> Ltd.<br>| 314000 | 566201 |
| # | Standard Foods <br> Corp.<br>| 586000 | 597963 |
| #\* | Starlux Airlines Co. <br> Ltd.<br>| 1564000 | 1219696 |
| # | S-Tech Corp. | 402926 | 306101 |
| # | Sun Max Tech Ltd. | 104738 | 284934 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | Sun Yad Construction <br> Co. Ltd.<br>| 210095 | $107072 |
| \* | Sunko INK Co. Ltd. | 148000 | 57096 |
|  | Sunny Friend <br> Environmental <br> Technology Co. <br> Ltd.<br>| 44000 | 118327 |
|  | Sunonwealth Electric <br> Machine Industry <br> Co. Ltd.<br>| 778000 | 3797404 |
|  | Sunplus Innovation <br> Technology, Inc.<br>| 22160 | 97387 |
| #\* | Sunplus Technology <br> Co. Ltd.<br>| 1115000 | 777892 |
| # | Sunrex Technology <br> Corp.<br>| 509108 | 687823 |
| # | Sunspring Metal <br> Corp.<br>| 418569 | 299269 |
|  | Superalloy Industrial <br> Co. Ltd.<br>| 177000 | 273112 |
| # | Supreme Electronics <br> Co. Ltd.<br>| 1975507 | 4232227 |
| # | Swancor Holding Co. <br> Ltd.<br>| 182000 | 736435 |
|  | Sweeten Real Estate <br> Development Co. <br> Ltd.<br>| 1036476 | 950360 |
| # | Symtek Automation <br> Asia Co. Ltd.<br>| 54158 | 275171 |
| # | Syncmold Enterprise <br> Corp.<br>| 457000 | 1021674 |
|  | Synmosa Biopharma <br> Corp.<br>| 724686 | 790211 |
| # | Synnex Technology <br> International Corp.<br>| 4559550 | 8405863 |
| # | Syscom Computer <br> Engineering Co.<br>| 122000 | 226681 |
| # | Systex Corp. | 492000 | 2067686 |
| # | T3EX Global Holdings <br> Corp.<br>| 420000 | 952087 |
|  | TA Chen Stainless <br> Pipe<br>| 5154033 | 6143507 |
| # | Ta Ya Electric Wire & <br> Cable<br>| 2330795 | 3173359 |
| # | Tah Hsin Industrial <br> Corp.<br>| 324701 | 676531 |
| # | TA-I Technology Co. <br> Ltd.<br>| 235500 | 478044 |
| # | Tai Tung <br> Communication Co. <br> Ltd.<br>| 518077 | 382887 |
|  | Taichung Commercial <br> Bank Co. Ltd.<br>| 27126796 | 18858519 |

---

1170

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | TaiDoc Technology <br> Corp.<br>| 202000 | $806954 |
| # | Taiflex Scientific Co. <br> Ltd.<br>| 965397 | 2129581 |
| # | Taimide Tech, Inc. | 272000 | 532578 |
|  | Tainan Enterprises <br> Co. Ltd.<br>| 378183 | 333852 |
| # | Tainan Spinning Co. <br> Ltd.<br>| 5726485 | 2344058 |
|  | Tai-Saw Technology <br> Co. Ltd.<br>| 205000 | 164496 |
| # | Taisun Enterprise Co. <br> Ltd.<br>| 627000 | 376960 |
| # | Taita Chemical Co. <br> Ltd.<br>| 607394 | 216910 |
| # | TAI-TECH Advanced <br> Electronics Co. Ltd.<br>| 222000 | 1083249 |
|  | Taiwan Business <br> Bank<br>| 27516145 | 13705991 |
| # | Taiwan Chinsan <br> Electronic Industrial <br> Co. Ltd.<br>| 339488 | 473104 |
|  | Taiwan Cogeneration <br> Corp.<br>| 904000 | 1416778 |
|  | Taiwan Cooperative <br> Financial Holding <br> Co. Ltd.<br>| 23941646 | 18503199 |
|  | Taiwan Fertilizer Co. <br> Ltd.<br>| 2407000 | 3762611 |
|  | Taiwan Fire & Marine <br> Insurance Co. Ltd.<br>| 1290000 | 1510686 |
|  | Taiwan FU Hsing <br> Industrial Co. Ltd.<br>| 538400 | 898991 |
| #\* | Taiwan Glass Industry <br> Corp.<br>| 4278982 | 3882382 |
|  | Taiwan Hon Chuan <br> Enterprise Co. Ltd.<br>| 1116704 | 4578608 |
|  | Taiwan Hopax <br> Chemicals <br> Manufacturing Co. <br> Ltd.<br>| 813160 | 827179 |
| †† | Taiwan Land <br> Development Corp.<br>| 4185322 | 68414 |
|  | Taiwan Line Tek <br> Electronic<br>| 18000 | 14351 |
| #\* | Taiwan Mask Corp. | 358000 | 446260 |
| # | Taiwan Mobile Co. <br> Ltd.<br>| 1473000 | 5242194 |
| # | Taiwan Navigation Co. <br> Ltd.<br>| 1063000 | 1004712 |
|  | Taiwan Paiho Ltd. | 953000 | 1767955 |
| # | Taiwan PCB Techvest <br> Co. Ltd.<br>| 1156946 | 1325943 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Taiwan Sakura Corp. | 109000 | $301855 |
|  | Taiwan Secom Co. <br> Ltd.<br>| 327000 | 1147316 |
| # | Taiwan Semiconductor <br> Co. Ltd.<br>| 763000 | 1359353 |
| # | Taiwan Shin Kong <br> Security Co. Ltd.<br>| 460390 | 609468 |
|  | Taiwan Steel Union <br> Co. Ltd.<br>| 8000 | 28580 |
|  | Taiwan Surface <br> Mounting <br> Technology Corp.<br>| 1330991 | 4744784 |
| \* | Taiwan TEA Corp. | 1981092 | 894574 |
|  | Taiwan Union <br> Technology Corp.<br>| 652000 | 8129479 |
|  | Taiyen Biotech Co. <br> Ltd.<br>| 582217 | 603485 |
| # | Tatung Co. Ltd. | 4559050 | 5343727 |
|  | Tatung System <br> Technologies, Inc.<br>| 7000 | 16942 |
|  | TCC Group Holdings <br> Co. Ltd.<br>| 18560110 | 13316422 |
|  | TCI Co. Ltd. | 323000 | 1192236 |
|  | Te Chang <br> Construction Co. <br> Ltd.<br>| 170260 | 342432 |
| # | Teco Electric & <br> Machinery Co. Ltd.<br>| 4616725 | 17375159 |
|  | Test Research, Inc. | 480000 | 2432086 |
| # | Test Rite International <br> Co. Ltd.<br>| 1078266 | 711983 |
| \* | Thermaltake <br> Technology Co. <br> Ltd.<br>| 161000 | 165757 |
| # | Thinking Electronic <br> Industrial Co. Ltd.<br>| 243000 | 1487368 |
| # | Thye Ming Industrial <br> Co. Ltd.<br>| 307600 | 541353 |
|  | Ton Yi Industrial <br> Corp.<br>| 3768600 | 2199487 |
|  | Tong Hsing Electronic <br> Industries Ltd.<br>| 664480 | 2699295 |
|  | Tong Yang Industry <br> Co. Ltd.<br>| 1842000 | 5779116 |
| # | Tong-Tai Machine & <br> Tool Co. Ltd.<br>| 738447 | 776245 |
|  | Top Bright Holding Co. <br> Ltd.<br>| 10000 | 92930 |
| # | Top Union Electronics <br> Corp.<br>| 220029 | 214459 |
|  | Topco Scientific Co. <br> Ltd.<br>| 343000 | 3800553 |

---

1171

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
|  | Topco Technologies <br> Corp.<br>| 18000 | $36299 |
| # | Topkey Corp. | 239000 | 1445691 |
| # | Topoint Technology <br> Co. Ltd.<br>| 512459 | 1960085 |
| # | TPK Holding Co. Ltd. | 1138000 | 1341625 |
|  | Transcend <br> Information, Inc.<br>| 310000 | 1327656 |
|  | Tripod Technology <br> Corp.<br>| 1589000 | 17573046 |
|  | TS Financial Holding <br> Co. Ltd (2887 TT)<br>| 72697817 | 44164341 |
| \* | TS Financial Holding <br> Co. Ltd (28871 TT)<br>| 6804667 | 2041085 |
|  | TSC Auto ID <br> Technology Co. <br> Ltd.<br>| 48199 | 306006 |
| # | TSRC Corp. | 1185000 | 576896 |
|  | Ttet Union Corp. | 6000 | 28199 |
|  | TTY Biopharm Co. <br> Ltd.<br>| 365000 | 943512 |
|  | Tung Ho Steel <br> Enterprise Corp.<br>| 2802593 | 5717427 |
| # | Tung Thih Electronic <br> Co. Ltd.<br>| 202592 | 480933 |
| # | TURVO International <br> Co. Ltd.<br>| 122000 | 795159 |
|  | TXC Corp. | 1017000 | 2936292 |
| # | TYC Brother Industrial <br> Co. Ltd.<br>| 866723 | 1347824 |
| # | Tyntek Corp. | 1446097 | 820340 |
| # | Ubright Optronics <br> Corp.<br>| 80000 | 164509 |
| # | UDE Corp. | 353000 | 1210844 |
|  | Ultra Chip, Inc. | 19000 | 28049 |
|  | U-Ming Marine <br> Transport Corp.<br>| 1886000 | 3407346 |
| # | Unic Technology <br> Corp.<br>| 245000 | 184499 |
|  | Unimicron Technology <br> Corp.<br>| 4502000 | 23727966 |
|  | Union Bank of Taiwan | 12623934 | 7606674 |
|  | Union Insurance Co. <br> Ltd.<br>| 79000 | 68880 |
| \* | Uniplus Electronics <br> Co. Ltd.<br>| 19000 | 14657 |
|  | Uni-President <br> Enterprises Corp.<br>| 11170000 | 28538454 |
| # | Unitech Computer Co. <br> Ltd.<br>| 477739 | 645267 |
| # | Unitech Printed Circuit <br> Board Corp.<br>| 3464400 | 2950114 |
| # | United Alloy-Tech Co. | 111000 | 194420 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | United <br> Microelectronics <br> Corp. (2303 TT)<br>| 41948681 | $63352034 |
|  | United Orthopedic <br> Corp.<br>| 321000 | 1297691 |
|  | United Radiant <br> Technology<br>| 20000 | 13796 |
| \* | United Renewable <br> Energy Co. Ltd.<br>| 1931000 | 428458 |
| \*†† | Unity Opto Technology <br> Co. Ltd.<br>| 2993000 | 0 |
|  | Univacco Technology, <br> Inc.<br>| 125000 | 183789 |
| # | Universal Cement <br> Corp.<br>| 2324539 | 2339323 |
|  | Universal Vision <br> Biotechnology Co. <br> Ltd.<br>| 54000 | 250972 |
| # | UPC Technology <br> Corp.<br>| 3143598 | 1034132 |
|  | Userjoy Technology <br> Co. Ltd.<br>| 52690 | 132335 |
| # | USI Corp. | 3633827 | 1220614 |
|  | Utechzone Co. Ltd. | 69000 | 194415 |
| # | UVAT Technology Co. <br> Ltd.<br>| 56000 | 108125 |
| # | Vanguard International <br> Semiconductor <br> Corp.<br>| 2674201 | 8371509 |
|  | Ve Wong Corp. | 912806 | 1172110 |
| # | Ventec International <br> Group Co. Ltd.<br>| 189000 | 549408 |
|  | VIA Labs, Inc. | 8000 | 21467 |
| # | Viking Tech Corp. | 207000 | 281453 |
| # | Visco Vision, Inc. | 115000 | 742125 |
| # | VisEra Technologies <br> Co. Ltd.<br>| 279000 | 2322775 |
|  | Vizionfocus, Inc. | 19000 | 110863 |
| # | VSO Electronics Co. <br> Ltd.<br>| 41000 | 194476 |
| #\* | Wafer Works Corp. | 1799616 | 1824634 |
| # | Waffer Technology <br> Corp.<br>| 171000 | 391950 |
| # | Wah Hong Industrial <br> Corp.<br>| 256516 | 279930 |
|  | Wah Lee Industrial <br> Corp.<br>| 862100 | 2524665 |
| # | Walsin Lihwa Corp. | 9140143 | 8853170 |
| # | Walsin Technology <br> Corp.<br>| 1085000 | 4353501 |
| # | Walton Advanced <br> Engineering, Inc.<br>| 1262853 | 982013 |
| # | Wan Hai Lines Ltd. | 2516000 | 6713052 |

---

1172

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| \* | We & Win <br> Development Co. <br> Ltd.<br>| 53000 | $19179 |
|  | We&Win <br> Diversification Co. <br> Ltd.<br>| 37000 | 25804 |
|  | WEI Chih Steel <br> Industrial Co. Ltd.<br>| 16000 | 8319 |
|  | Wei Chuan Foods <br> Corp.<br>| 666000 | 325806 |
| # | Weikeng Industrial Co. <br> Ltd.<br>| 2081490 | 1984901 |
| # | Well Shin Technology <br> Co. Ltd.<br>| 450080 | 768435 |
|  | Wholetech System <br> Hitech Ltd.<br>| 30000 | 117814 |
| # | Win Semiconductors <br> Corp.<br>| 1257000 | 4369641 |
| \* | Winbond Electronics <br> Corp.<br>| 13313422 | 23284476 |
|  | Winmate, Inc. | 42000 | 224444 |
| # | Winstek <br> Semiconductor Co. <br> Ltd.<br>| 207000 | 642110 |
| \*†† | Wintek Corp. | 20783484 | 0 |
| # | Wisdom Marine Lines <br> Co. Ltd.<br>| 1543364 | 3161939 |
| # | Wistron Corp. | 8316343 | 40303654 |
| # | WITS Corp. | 123659 | 497650 |
|  | WNC Corp. | 1041474 | 4226115 |
| # | Wonderful Hi-Tech Co. <br> Ltd.<br>| 514000 | 762913 |
|  | Wowprime Corp. | 35000 | 245102 |
| # | WPG Holdings Ltd. | 5323284 | 10411135 |
| # | WT Microelectronics <br> Co. Ltd.<br>| 2255104 | 10454743 |
| # | WUS Printed Circuit <br> Co. Ltd.<br>| 483668 | 1593901 |
|  | XAC Automation <br> Corp.<br>| 32000 | 31177 |
| # | XinTec, Inc. | 276000 | 1365965 |
| # | Xxentria Technology <br> Materials Corp.<br>| 429906 | 482574 |
|  | Ya Horng Electronic <br> Co. Ltd.<br>| 22000 | 40375 |
| # | Yageo Corp. | 5931524 | 47742016 |
| # | Yang Ming Marine <br> Transport Corp.<br>| 6210000 | 11585743 |
| # | YC INOX Co. Ltd. | 2009894 | 1255550 |
|  | YCC Parts <br> Manufacturing Co. <br> Ltd.<br>| 4000 | 5601 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) | TAIWAN — (Continued) |
| # | Yea Shin International <br> Development Co. <br> Ltd.<br>| 1036512 | $833459 |
| # | Yem Chio Co. Ltd. | 1612820 | 694410 |
|  | Yen Sun Technology <br> Corp.<br>| 58000 | 86918 |
|  | YFC-Boneagle Electric <br> Co. Ltd.<br>| 20449 | 13887 |
| # | YFY, Inc. | 4595847 | 3790057 |
| # | Yi Jinn Industrial Co. <br> Ltd.<br>| 1197149 | 634368 |
| \* | Yieh Phui Enterprise <br> Co. Ltd.<br>| 3925862 | 1880367 |
| # | Young Fast <br> Optoelectronics Co. <br> Ltd.<br>| 283000 | 501328 |
| # | Youngtek Electronics <br> Corp.<br>| 582047 | 1112399 |
|  | Yuanta Financial <br> Holding Co. Ltd.<br>| 41758335 | 46754493 |
|  | Yuen Foong Yu <br> Consumer Products <br> Co. Ltd.<br>| 24000 | 29962 |
|  | Yulon Finance Corp. | 329250 | 1028211 |
| # | Yulon Motor Co. Ltd. | 2201350 | 2347130 |
|  | Yung Chi Paint & <br> Varnish <br> Manufacturing Co. <br> Ltd.<br>| 214687 | 523204 |
| # | YungShin Global <br> Holding Corp.<br>| 652000 | 1193685 |
|  | Yusin Holding Corp. | 45643 | 102380 |
| # | Zeng Hsing Industrial <br> Co. Ltd.<br>| 227358 | 681260 |
| # | Zenitron Corp. | 940000 | 1054948 |
| # | Zero One Technology <br> Co. Ltd.<br>| 438391 | 1627717 |
| # | Zhen Ding Technology <br> Holding Ltd.<br>| 3357000 | 17726685 |
| #\* | Zig Sheng Industrial <br> Co. Ltd.<br>| 1656352 | 415567 |
|  | ZillTek Technology <br> Corp.<br>| 15000 | 98354 |
|  | Zippy Technology <br> Corp.<br>| 294000 | 494314 |
| # | Zyxel Group Corp. | 1258793 | 1432660 |
| TOTAL TAIWAN | TOTAL TAIWAN |  | 2726419418 |
| THAILAND — (1.3%) | THAILAND — (1.3%) | THAILAND — (1.3%) | THAILAND — (1.3%) |
|  | AAPICO Hitech PCL <br> (AH/F TB)<br>| 795647 | 302658 |
|  | AAPICO Hitech PCL <br> (AH-R TB), NVDR<br>| 26250 | 9985 |

---

1173

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Amata Corp. PCL | 1510600 | $672727 |
|  | AP Thailand PCL | 10762130 | 2878999 |
| # | Asset World Corp. <br> PCL<br>| 17236900 | 1172760 |
| # | Bangchak Corp. PCL | 4520600 | 4124252 |
|  | Bangkok Bank PCL <br> (BBLF TB)<br>| 3293353 | 16296164 |
|  | Bangkok Bank PCL <br> (BBLR TB), NVDR<br>| 259600 | 1272510 |
|  | Bangkok Commercial <br> Asset Management <br> PCL<br>| 6827754 | 1425308 |
|  | Bangkok Land PCL | 48392293 | 748296 |
|  | Bangkok Life <br> Assurance PCL, <br> NVDR<br>| 803400 | 447231 |
|  | Banpu PCL | 23370933 | 3650014 |
| # | Berli Jucker PCL | 3688100 | 2087281 |
|  | BKI Holdings PCL | 153028 | 1448170 |
|  | Charoen Pokphand <br> Foods PCL<br>| 14160700 | 9240475 |
| # | CP Axtra PCL | 2635668 | 1597622 |
| \* | Energy Absolute PCL | 4937300 | 467238 |
| # | GFPT PCL | 2125200 | 676962 |
|  | Global Green <br> Chemicals PCL<br>| 30900 | 3402 |
|  | Hana Microelectronics <br> PCL<br>| 1711800 | 1228197 |
|  | ICC International PCL | 3556709 | 2694893 |
|  | Indorama Ventures <br> PCL<br>| 828922 | 489637 |
| # | IRPC PCL | 6294400 | 223861 |
|  | Jaymart Group <br> Holdings PCL<br>| 1836000 | 442888 |
| # | JMT Network Services <br> PCL<br>| 1721200 | 518995 |
|  | Kasikornbank PCL <br> (KBANKF TB)<br>| 176800 | 1019737 |
|  | Kasikornbank PCL <br> (KBANKR TB), <br> NVDR<br>| 843501 | 4865098 |
|  | Khon Kaen Sugar <br> Industry PCL<br>| 7579607 | 323484 |
|  | Kiatnakin Phatra Bank <br> PCL<br>| 619513 | 1259718 |
|  | Krung Thai Bank PCL | 8540400 | 7197337 |
|  | Lalin Property PCL | 204200 | 31576 |
|  | LH Financial Group <br> PCL<br>| 6930046 | 167170 |
|  | LPN Development <br> PCL<br>| 3413802 | 173145 |
|  | Northeast Rubber <br> PCL<br>| 1123088 | 144489 |
| # | Origin Property PCL | 1618265 | 113106 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Polyplex Thailand <br> PCL<br>| 1641925 | $479857 |
|  | Precious Shipping <br> PCL<br>| 2582050 | 535016 |
| \* | Property Perfect PCL | 28297735 | 61260 |
|  | Pruksa Holding PCL | 2271400 | 261315 |
|  | PTT Exploration & <br> Production PCL<br>| 2510100 | 8306191 |
| # | PTT Global Chemical <br> PCL<br>| 5667841 | 4425947 |
|  | PTT PCL | 44568100 | 42383457 |
| # | Quality Houses PCL | 21893919 | 893768 |
|  | Regional Container <br> Lines PCL<br>| 1324800 | 1055005 |
|  | Rojana Industrial Park <br> PCL<br>| 2667073 | 369522 |
|  | S Hotels & Resorts <br> PCL<br>| 3085840 | 146013 |
|  | Saha Pathana <br> Inter-Holding PCL<br>| 3372150 | 4719028 |
|  | Saha Pathanapibul <br> PCL<br>| 1052533 | 1871676 |
|  | Saha-Union PCL | 1568500 | 1382473 |
|  | Sansiri PCL | 51399366 | 2225425 |
| # | SC Asset Corp. PCL | 8119130 | 426860 |
| # | SCG Packaging PCL | 2614200 | 1471422 |
| # | SCGJWD Logistics <br> PCL<br>| 63200 | 16223 |
|  | Siam Cement PCL  | 1195300 | 7541092 |
|  | Siamgas & <br> Petrochemicals <br> PCL<br>| 444700 | 88019 |
| \* | Singer Thailand PCL | 495500 | 88879 |
|  | Somboon Advance <br> Technology PCL<br>| 1029700 | 417166 |
|  | SPCG PCL | 2021300 | 518843 |
| # | Sri Trang <br> Agro-Industry PCL<br>| 3194858 | 1175779 |
| # | Sri Trang Gloves <br> Thailand PCL<br>| 3255548 | 674568 |
|  | Star Petroleum <br> Refining PCL<br>| 3264623 | 484620 |
| #\* | Stecon Group PCL | 2688278 | 681734 |
| \* | STP & I PCL | 70600 | 7904 |
| # | Supalai PCL | 3850700 | 2036399 |
| \* | Super Energy Corp. <br> PCL<br>| 72819209 | 292763 |
|  | Thai Oil PCL | 3002274 | 3319353 |
|  | Thai Stanley Electric <br> PCL (STANLY/F <br> TB), Class F<br>| 170100 | 1017917 |
|  | Thai Stanley Electric <br> PCL (STANLY-R <br> TB), NVDR<br>| 19100 | 114299 |

---

1174

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) | THAILAND — (Continued) |
|  | Thai Wacoal PCL | 55700 | $31437 |
|  | Thanachart Capital <br> PCL<br>| 821700 | 1296017 |
| # | Thoresen Thai <br> Agencies PCL<br>| 5424076 | 738084 |
| # | TMBThanachart Bank <br> PCL<br>| 62597696 | 3581436 |
| # | TPI Polene PCL | 24462140 | 544696 |
|  | TPI Polene Power <br> PCL<br>| 9522050 | 606631 |
|  | WHA Corp. PCL | 185200 | 18672 |
| \* | Xspring Capital PCL | 13093567 | 194369 |
| TOTAL THAILAND | TOTAL THAILAND |  | 165916520 |
| TURKEY — (0.7%) | TURKEY — (0.7%) | TURKEY — (0.7%) | TURKEY — (0.7%) |
| \* | Adese Alisveris <br> Merkezleri Ticaret <br> AS<br>| 19148470 | 1659802 |
|  | Afyon Cimento Sanayi <br> TAS<br>| 231737 | 72966 |
| \* | Akfen Yenilenebilir <br> Enerji AS<br>| 150854 | 61753 |
| \* | Aksa Enerji Uretim <br> AS<br>| 607373 | 750403 |
| # | Alarko Holding AS | 553546 | 1060014 |
|  | Albaraka Turk Katilim <br> Bankasi AS<br>| 6251810 | 1221184 |
| # | Anadolu Efes Biracilik <br> Ve Malt Sanayii AS<br>| 652170 | 225137 |
| #\* | Arcelik AS | 61949 | 162745 |
|  | Aygaz AS | 135111 | 634191 |
| \* | Bagfas Bandirma <br> Gubre Fabrikalari <br> AS<br>| 85945 | 70375 |
| \* | Bera Holding AS | 2615315 | 1141337 |
| \* | Besler Gida Ve Kimya <br> Sanayi Ve Ticaret <br> AS<br>| 798288 | 266261 |
|  | Bursa Cimento <br> Fabrikasi AS<br>| 2315698 | 355952 |
| \* | Can2 Termik AS | 20506507 | 1179297 |
|  | Cemtas Celik Makina <br> Sanayi Ve Ticaret <br> AS<br>| 252392 | 68375 |
| \* | Deva Holding AS | 150820 | 253818 |
| # | Dogan Sirketler Grubu <br> Holding AS<br>| 3901181 | 1584085 |
|  | Dogu Aras Enerji <br> Yatirimlari AS<br>| 20751 | 27835 |
| # | Dogus Otomotiv <br> Servis ve Ticaret <br> AS<br>| 352047 | 1509173 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
|  | Eczacibasi Yatirim <br> Holding Ortakligi <br> AS<br>| 27995 | $193807 |
|  | EIS Eczacibasi Ilac ve <br> Sinai ve Finansal <br> Yatirimlar Sanayi ve <br> Ticaret AS<br>| 323905 | 696348 |
| # | Enka Insaat ve Sanayi <br> AS<br>| 3002571 | 5539064 |
| # | Eregli Demir ve Celik <br> Fabrikalari TAS<br>| 8743943 | 5708691 |
| \* | Esenboga Elektrik <br> Uretim AS<br>| 545473 | 101171 |
|  | Goknur Gida <br> Maddeleri Ithalat <br> Ihracat Ticaret Ve <br> Sanayi AS<br>| 59133 | 32399 |
|  | Goltas Goller Bolgesi <br> Cimento Sanayi ve <br> Ticaret AS<br>| 48015 | 379249 |
| \* | GSD Holding AS | 4401973 | 507932 |
| \* | Izmir Demir Celik <br> Sanayi AS<br>| 483230 | 73362 |
| \* | Kardemir Karabuk <br> Demir Celik Sanayi <br> ve Ticaret AS <br> (KRDMA TI), <br> Class A<br>| 553530 | 378182 |
| #\* | Kardemir Karabuk <br> Demir Celik Sanayi <br> ve Ticaret AS <br> (KRDMD TI), <br> Class D<br>| 3677749 | 2392672 |
| \* | Katmerciler Arac Ustu <br> Ekipman Sanayi ve <br> Ticaret AS<br>| 7692586 | 571807 |
| \* | Kayseri Seker <br> Fabrikasi AS<br>| 121833 | 52494 |
| # | KOC Holding AS | 2566231 | 10450669 |
| #\* | Kordsa Teknik Tekstil <br> AS<br>| 242767 | 322807 |
| \* | Loras Holding AS | 1375773 | 197141 |
| #\* | Marmara Holding AS | 851409 | 60939 |
|  | Merit Turizm Yatirim <br> ve Isletme AS<br>| 32785 | 17684 |
| \* | NET Holding AS | 498232 | 589775 |
| \* | ODAS Elektrik Uretim <br> ve Sanayi Ticaret <br> AS<br>| 3042015 | 426279 |
| \* | Parsan Makina <br> Parcalari Sanayii <br> AS<br>| 40454 | 89676 |

---

1175

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) | TURKEY — (Continued) |
| #\* | Pegasus Hava <br> Tasimaciligi AS<br>| 330825 | $1649487 |
| \* | Petkim Petrokimya <br> Holding AS<br>| 2271898 | 926465 |
| \* | Polisan Holding AS | 214020 | 89176 |
| #\* | Sasa Polyester Sanayi <br> AS<br>| 9091507 | 663352 |
|  | Sekerbank Turk AS | 6201648 | 1179911 |
|  | Sok Marketler Ticaret <br> AS<br>| 218729 | 229891 |
| \* | TAV Havalimanlari <br> Holding AS<br>| 91491 | 575046 |
| \* | Tekfen Holding AS | 582506 | 1165805 |
| \* | Tukas Gida Sanayi ve <br> Ticaret AS<br>| 7232742 | 491849 |
|  | Turcas Holding AS | 72783 | 65720 |
| # | Turk Hava Yollari AO | 2065083 | 14299984 |
| #\* | Turk <br> Telekomunikasyon <br> AS<br>| 658720 | 798561 |
|  | Turkcell Iletisim <br> Hizmetleri AS<br>| 2311718 | 5473336 |
| # | Turkiye Petrol <br> Rafinerileri AS<br>| 2537476 | 11911016 |
| \* | Turkiye Sinai <br> Kalkinma Bankasi <br> AS<br>| 1980439 | 605937 |
| # | Turkiye Sise ve Cam <br> Fabrikalari AS<br>| 3489383 | 3046261 |
| #\* | Turkiye Vakiflar <br> Bankasi TAO, <br> Class D<br>| 3725109 | 2161650 |
| # | Ulker Biskuvi Sanayi <br> AS<br>| 256904 | 659154 |
|  | Vestel Beyaz Esya <br> Sanayi ve Ticaret <br> AS<br>| 671156 | 140338 |
| \* | Yatas Yatak ve Yorgan <br> Sanayi ve Ticaret <br> AS<br>| 476715 | 424984 |
| \* | Yayla Agro Gida <br> Sanayi VE Nakliyat <br> AS<br>| 181420 | 47414 |
| TOTAL TURKEY | TOTAL TURKEY |  | 87692188 |
| UNITED ARAB EMIRATES — (1.5%) | UNITED ARAB EMIRATES — (1.5%) | UNITED ARAB EMIRATES — (1.5%) | UNITED ARAB EMIRATES — (1.5%) |
|  | Abu Dhabi <br> Commercial Bank <br> PJSC<br>| 8042079 | 31551476 |
|  | Abu Dhabi National <br> Hotels<br>| 7324647 | 888883 |
| \* | Abu Dhabi Ports Co. <br> PJSC<br>| 2608396 | 3256567 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) | UNITED ARAB EMIRATES — (Continued) |
|  | ADNOC Logistics & <br> Services<br>| 488295 | $762751 |
|  | Agility Global PLC | 13665886 | 4054210 |
|  | Agthia Group PJSC | 538260 | 566887 |
| \* | AL Seer Marine <br> Supplies & <br> Equipment Co. LLC<br>| 211673 | 171219 |
|  | Amanat Holdings <br> PJSC<br>| 3637218 | 1138391 |
| \* | Amlak Finance PJSC | 973781 | 458742 |
|  | Dana Gas PJSC | 21713693 | 4895236 |
|  | Deyaar Development <br> PJSC<br>| 5729570 | 1609030 |
|  | Dubai Investments <br> PJSC<br>| 8473620 | 7662492 |
|  | Emaar Properties <br> PJSC<br>| 24987553 | 96692921 |
|  | Emirates NBD Bank <br> PJSC<br>| 4113220 | 31473866 |
| \* | EMSTEEL Building <br> Materials PJSC<br>| 3195254 | 1025677 |
|  | First Abu Dhabi Bank <br> PJSC<br>| 113568 | 539108 |
| \* | Ghitha Holding PJSC | 60476 | 386205 |
| \* | Modon Holding PSC | 3210333 | 3189607 |
| \* | Multiply Group PJSC | 10520092 | 8547850 |
| \* | RAK Properties PJSC | 5527350 | 2123627 |
|  | Ras Al Khaimah <br> Ceramics PJSC<br>| 1300680 | 910166 |
| \* | Union Properties <br> PJSC<br>| 3928839 | 861415 |
| TOTAL UNITED ARAB <br> EMIRATES | TOTAL UNITED ARAB <br> EMIRATES |  | 202766326 |
| TOTAL COMMON <br> STOCKS | TOTAL COMMON <br> STOCKS |  | 13076089570 |
| PREFERRED STOCKS — (0.6%) | PREFERRED STOCKS — (0.6%) | PREFERRED STOCKS — (0.6%) | PREFERRED STOCKS — (0.6%) |
| BRAZIL — (0.5%) | BRAZIL — (0.5%) | BRAZIL — (0.5%) | BRAZIL — (0.5%) |
|  | Banco ABC Brasil SA, <br> 8.457%<br>| 491054 | 2100234 |
| Ω | Banco BMG SA, <br> 7.859%<br>| 147500 | 110489 |
| \* | Banco BMG SA | 6065 | 4397 |
|  | Banco Bradesco SA, <br> 7.400%<br>| 8211158 | 27716731 |
|  | Banco do Estado do <br> Rio Grande do Sul <br> SA, 9.033%<br>| 855951 | 2186036 |
|  | Cia de Ferro Ligas da <br> Bahia FERBASA, <br> 6.359%<br>| 31508 | 45974 |

---

1176

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) | BRAZIL — (Continued) |
|  | Eucatex SA Industria <br> e Comercio, <br> 4.404%<br>| 181029 | $561935 |
|  | Gerdau SA, 3.379% | 191173 | 673021 |
|  | Petroleo Brasileiro SA <br> - Petrobras, <br> 10.136%<br>| 4974535 | 27508140 |
| \* | Raizen SA | 2985699 | 527219 |
|  | Randoncorp SA, <br> 4.234%<br>| 707218 | 795299 |
|  | Schulz SA, 6.913% | 15547 | 14073 |
| \* | Usinas Siderurgicas <br> de Minas Gerais SA <br> Usiminas<br>| 344363 | 362929 |
| TOTAL BRAZIL | TOTAL BRAZIL |  | 62606477 |
| COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) | COLOMBIA — (0.1%) |
|  | Grupo Argos SA, <br> 5.588%<br>| 744025 | 2331671 |
|  | Grupo de Inversiones <br> Suramericana SA, <br> 3.606%<br>| 670089 | 7109984 |
| TOTAL COLOMBIA | TOTAL COLOMBIA |  | 9441655 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | **Value»** |
| PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) | PHILIPPINES — (0.0%) |
|  | Cebu Air, Inc., <br> 6.000%<br>| 641708 | $359696 |
| TOTAL PREFERRED <br> STOCKS | TOTAL PREFERRED <br> STOCKS |  | 72407828 |
| RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) | RIGHTS/WARRANTS — (0.0%) |
| TAIWAN — (0.0%) | TAIWAN — (0.0%) | TAIWAN — (0.0%) | TAIWAN — (0.0%) |
| \* | National Aerospace <br> Fasteners Corp. <br> Rights 11/17/2025<br>| 10077 | 4097 |
| TOTAL INVESTMENT <br> SECURITIES <br>(Cost $8,477,507,452) | TOTAL INVESTMENT <br> SECURITIES <br>(Cost $8,477,507,452) |  | 13148501495 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | **Value†** |
| SECURITIES LENDING COLLATERAL — (0.9%) | SECURITIES LENDING COLLATERAL — (0.9%) | SECURITIES LENDING COLLATERAL — (0.9%) | SECURITIES LENDING COLLATERAL — (0.9%) |
| @§ | The DFA Short Term <br> Investment Fund<br>| 10539737 | 121913133 |
| TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) | TOTAL INVESTMENTS — (100.0%) |  |
| (Cost $8,599,420,585) | (Cost $8,599,420,585) |  | $13270414628 |

---

As of October 31, 2025, Dimensional Emerging Markets Value Fund had entered into the following outstanding futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Market**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| **Long Position Contracts:** |  |  |  |  |  |
| S&P 500<sup>®</sup> Emini Index | &nbsp;&nbsp; 254 | 12/19/25 | &nbsp;&nbsp; $84528894 | &nbsp;&nbsp; $87299800 | &nbsp;&nbsp; $2770906 |
| **Total Futures Contracts** |  |  | &nbsp;&nbsp; **$84528894** | &nbsp;&nbsp; **$87299800** | &nbsp;&nbsp; **$2770906** |

---

As of October 31, 2025, the value of Rule 144A securities amounted to $250,491,743 or 1.9% of net assets.

Summary of the Fund's investments as of October 31, 2025, based on their valuation inputs, is as follows (see Security Valuation Note):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets** |  |  |  |  |
| Common Stocks |  |  |  |  |
| Brazil | &nbsp;&nbsp; $286183186 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $286183186 |
| Chile | &nbsp;&nbsp; — | &nbsp;&nbsp; $65725452 | &nbsp;&nbsp; — | &nbsp;&nbsp; 65725452 |
| China | &nbsp;&nbsp; 210817131 | &nbsp;&nbsp; 3519730721 | &nbsp;&nbsp; $373078 | &nbsp;&nbsp; 3730920930 |
| Colombia | &nbsp;&nbsp; 9275102 | &nbsp;&nbsp; 351333 | &nbsp;&nbsp; — | &nbsp;&nbsp; 9626435 |
| Czech Republic | &nbsp;&nbsp; — | &nbsp;&nbsp; 17681756 | &nbsp;&nbsp; — | &nbsp;&nbsp; 17681756 |

---

1177

------

**Dimensional Emerging Markets Value Fund**

**CONTINUED**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** | **Investments in Securities (Market Value)** |
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| France | &nbsp;&nbsp; $3659279 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $3659279 |
| Greece | &nbsp;&nbsp; — | &nbsp;&nbsp; $73847113 | &nbsp;&nbsp; — | &nbsp;&nbsp; 73847113 |
| Hong Kong | &nbsp;&nbsp; — | &nbsp;&nbsp; 667489 | &nbsp;&nbsp; — | &nbsp;&nbsp; 667489 |
| Hungary | &nbsp;&nbsp; — | &nbsp;&nbsp; 19852908 | &nbsp;&nbsp; — | &nbsp;&nbsp; 19852908 |
| India | &nbsp;&nbsp; 32069094 | &nbsp;&nbsp; 2174016324 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2206085418 |
| Indonesia | &nbsp;&nbsp; — | &nbsp;&nbsp; 170011826 | &nbsp;&nbsp; $112442 | &nbsp;&nbsp; 170124268 |
| Kuwait | &nbsp;&nbsp; — | &nbsp;&nbsp; 84224862 | &nbsp;&nbsp; — | &nbsp;&nbsp; 84224862 |
| Malaysia | &nbsp;&nbsp; — | &nbsp;&nbsp; 177879360 | &nbsp;&nbsp; — | &nbsp;&nbsp; 177879360 |
| Mexico | &nbsp;&nbsp; 310895031 | &nbsp;&nbsp; 7524841 | &nbsp;&nbsp; — | &nbsp;&nbsp; 318419872 |
| Philippines | &nbsp;&nbsp; — | &nbsp;&nbsp; 66695537 | &nbsp;&nbsp; 16693 | &nbsp;&nbsp; 66712230 |
| Poland | &nbsp;&nbsp; — | &nbsp;&nbsp; 168817769 | &nbsp;&nbsp; — | &nbsp;&nbsp; 168817769 |
| Qatar | &nbsp;&nbsp; — | &nbsp;&nbsp; 80495659 | &nbsp;&nbsp; — | &nbsp;&nbsp; 80495659 |
| Saudi Arabia | &nbsp;&nbsp; 409250 | &nbsp;&nbsp; 401303465 | &nbsp;&nbsp; — | &nbsp;&nbsp; 401712715 |
| South Africa | &nbsp;&nbsp; 1152626 | &nbsp;&nbsp; 394826473 | &nbsp;&nbsp; — | &nbsp;&nbsp; 395979099 |
| South Korea | &nbsp;&nbsp; 232228659 | &nbsp;&nbsp; 1382328232 | &nbsp;&nbsp; 122427 | &nbsp;&nbsp; 1614679318 |
| Taiwan | &nbsp;&nbsp; 12363080 | &nbsp;&nbsp; 2713979195 | &nbsp;&nbsp; 77143 | &nbsp;&nbsp; 2726419418 |
| Thailand | &nbsp;&nbsp; 6709123 | &nbsp;&nbsp; 159207397 | &nbsp;&nbsp; — | &nbsp;&nbsp; 165916520 |
| Turkey | &nbsp;&nbsp; 60939 | &nbsp;&nbsp; 87631249 | &nbsp;&nbsp; — | &nbsp;&nbsp; 87692188 |
| United Arab Emirates | &nbsp;&nbsp; — | &nbsp;&nbsp; 202766326 | &nbsp;&nbsp; — | &nbsp;&nbsp; 202766326 |
| Preferred Stocks |  |  |  |  |
| Brazil | &nbsp;&nbsp; 62606477 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 62606477 |
| Colombia | &nbsp;&nbsp; 9441655 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 9441655 |
| Philippines | &nbsp;&nbsp; — | &nbsp;&nbsp; 359696 | &nbsp;&nbsp; — | &nbsp;&nbsp; 359696 |
| Rights/Warrants |  |  |  |  |
| Taiwan | &nbsp;&nbsp; — | &nbsp;&nbsp; 4097 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4097 |
| Securities Lending Collateral | &nbsp;&nbsp; — | &nbsp;&nbsp; 121913133 | &nbsp;&nbsp; — | &nbsp;&nbsp; 121913133 |
| Total Investments in Securities | &nbsp;&nbsp; $1177870632 | &nbsp;&nbsp; $12091842213 | &nbsp;&nbsp; $701,783˂˃ | &nbsp;&nbsp; $13270414628 |
| **Financial Instruments** | **Financial Instruments** |  |  |  |
| **Assets** |  |  |  |  |
| Futures Contracts\*\* | &nbsp;&nbsp; 2770906 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 2770906 |
| Total Financial Instruments | &nbsp;&nbsp; $2770906 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $2770906 |
| \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. | \*\* Valued at the unrealized appreciation/(depreciation) on the investment. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ˂˃ | A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning <br> and/or end of the reporting period in relation to net assets.<br>|

---

See accompanying Notes to Financial Statements.

1178

------

**DIMENSIONAL EMERGING MARKETS VALUE FUND**

**STATEMENT OF ASSETS AND LIABILITIES**

**October 31, 2025**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
|  | **Dimensional**<br> **Emerging**<br> **Markets**<br> **Value Fund**<br>|
| **ASSETS:** |  |
| Investment Securities at Value (including $968,470 of securities on loan)\* | $13148501 |
| Collateral from Securities on Loan Invested in Affiliate at Value (including cost of $121,913) | 121913 |
| Segregated Cash for Futures Contracts | 5409 |
| Foreign Currencies at Value | 86464 |
| Cash  | 54066 |
| Receivables: |  |
| Investment Securities Sold | 12587 |
| Dividends, Interest and Tax Reclaims | 3720 |
| Securities Lending Income | 1716 |
| Futures Variation Margin | 236 |
| Unrealized Gain on Foreign Currency Contracts | 1 |
| Prepaid Expenses and Other Assets  | 1 |
| Total Assets | 13434614 |
| **LIABILITIES:** |  |
| Payables: |  |
| Upon Return of Securities Loaned | 121909 |
| Investment Securities Purchased | 5415 |
| Due to Advisor | 1098 |
| Deferred Taxes Payable | 160546 |
| Accrued Expenses and Other Liabilities | 1510 |
| Total Liabilities | 290478 |
| **COMMITMENTS AND CONTINGENT LIABILITIES (NOTE C)** |  |
| **NET ASSETS** | $13144136 |
| Investment Securities at Cost | $8477507 |
| Foreign Currencies at Cost | $88443 |

---

------

\*

See Note J in the Notes to Financial Statements for additional information about securities lending collateral.

See accompanying Notes to Financial Statements.

1179

------

**DIMENSIONAL EMERGING MARKETS VALUE FUND**

**STATEMENT OF OPERATIONS**

**FOR THE YEAR ENDED October 31, 2025**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
|  | **Dimensional**<br> **Emerging**<br> **Markets**<br> **Value Fund**<br>|
| **Investment Income** |  |
| Dividends (Net of Foreign Taxes Withheld of $58,429) | $404643 |
| Dividend Income from Affiliates | 4066 |
| Income from Securities Lending, Net | 16399 |
| Total Investment Income | 425108 |
| **Expenses** |  |
| Investment Management Fees | 11576 |
| Accounting & Transfer Agent Fees | 310 |
| Custodian Fees | 4366 |
| Trustees' Fees and Expenses | 87 |
| Professional Fees | 537 |
| Other | 518 |
| Total Expenses | 17394 |
| Net Expenses | 17394 |
| **Net Investment Income (Loss)** | 407714 |
| **Realized and Unrealized Gain (Loss)** |  |
| Net Realized Gain (Loss) on: |  |
| Investment Securities Sold | (52070 )<sup>1</sup><br>|
| Affiliated Investment Companies Shares Sold | 11 |
| Futures | 18644 |
| Foreign Currency Transactions | (2074)<br>|
| Change in Unrealized Appreciation (Depreciation) of: |  |
| Investment Securities and Foreign Currency | 2150559 <br><sup>2</sup><br>|
| Futures | 3264 |
| Translation of Foreign Currency-Denominated Amounts | 500 |
| **Net Realized and Unrealized Gain (Loss)** | 2118834 |
| **Net Increase (Decrease) in Net Assets Resulting from Operations** | $2526548 |
| <sup>1</sup>Net of foreign capital gain taxes withheld of: | $5338 |
| <sup>2</sup>Including foreign capital gain taxes of: | $(7397)<br>|

---

See accompanying Notes to Financial Statements.

1180

------

**DIMENSIONAL EMERGING MARKETS VALUE FUND** 

**STATEMENTS OF CHANGES IN NET ASSETS**

**(Amounts in thousands)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Dimensional Emerging**<br> **Markets Value Fund** | **Dimensional Emerging**<br> **Markets Value Fund** |
|  | **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>|
| **Increase (Decrease) in Net Assets** |  |  |
| Operations: |  |  |
| Net Investment Income (Loss) | $407714 | $396685 |
| Net Realized Gain (Loss) on: |  |  |
| Investment Securities Sold | (52070)<br>| 188581 |
| Affiliated Investment Companies Shares Sold | 11 | (1)<br>|
| Futures | 18644 | 18825 |
| Foreign Currency Transactions | (2074)<br>| (4131)<br>|
| Change in Unrealized Appreciation (Depreciation) of: |  |  |
| Investment Securities and Foreign Currency | 2150559 | 1671200 |
| Affiliated Investment Companies Shares |  | 2 |
| Futures | 3264 | 3049 |
| Translation of Foreign Currency-Denominated Amounts | 500 | (267)<br>|
| Net Increase (Decrease) in Net Assets Resulting from Operations | 2526548 | 2273943 |
| Transactions in Interest: |  |  |
| Contributions | 470848 | 346752 |
| Shares Issued in Lieu of Cash Distributions |  | (2)<br>|
| Withdrawals | (1011300)<br>| (1592939)<br>|
| Net Increase (Decrease) from Transactions in Interest | (540452)<br>| (1246189)<br>|
| Total Increase (Decrease) in Net Assets | 1986096 | 1027754 |
| **Net Assets** |  |  |
| Beginning of Year | 11158040 | 10130286 |
| End of Year | $13144136 | $11158040 |

---

See accompanying Notes to Financial Statements.

1181

------

**DIMENSIONAL EMERGING MARKETS VALUE FUND**

**FINANCIAL HIGHLIGHTS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Dimensional Emerging Markets Value Fund** | **Dimensional Emerging Markets Value Fund** | **Dimensional Emerging Markets Value Fund** | **Dimensional Emerging Markets Value Fund** | **Dimensional Emerging Markets Value Fund** |
|  | &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2025**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2024**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2023**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2022**<br>| &nbsp;&nbsp; **Year**<br> **Ended**<br> **Oct 31,**<br> **2021**<br>|
| Total Return  | 23.23% | 23.49% | 16.09% | (19.27%) | 35.69% |
| Net Assets, End of Year (thousands)  | $13144136 | $11158040 | $10130286 | $9760139 | $13469705 |
| Ratio of Expenses to Average Net Assets  | 0.15% | 0.15% | 0.14% | 0.15% | 0.14% |
| Ratio of Expenses to Average Net Assets (Excluding Fees Paid <br> Indirectly) <br>| 0.15% | 0.15% | 0.15% | 0.15% | 0.14% |
| Ratio of Net Investment Income to Average Net Assets  | 3.52% | 3.61% | 4.33% | 4.79% | 3.26% |
| Portfolio Turnover Rate  | 11% | 13% | 12% | 14% | 14% |

---

See page 1-2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.

1182

------

**DIMENSIONAL EMERGING MARKETS VALUE FUND**

**NOTES TO FINANCIAL STATEMENTS**

**A. Organization:** 

Dimensional Emerging Markets Value Fund (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940 (the "1940 Act"). The Fund meets the definition as an investment company and follows the accounting and reporting guidance under Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 946, "Financial Services-Investment Companies." The Fund consists of one series.

**B. Significant Accounting Policies:**

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America ("GAAP"). Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates, and those differences could be material.

1. Security Valuation: The Fund uses a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 1 – inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies, and futures contracts)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

Securities held by the Fund, including over-the-counter securities, are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note.

Securities held by the Fund that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Fund values the securities at the mean between the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange. These securities are generally categorized as Level 1 in the hierarchy. The investment in The DFA Short Term Investment Fund (the "Short Term Series"), which is an open-end management investment company available for purchase only by the Portfolios and affiliated funds, is categorized as Level 2 in the hierarchy.

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Trustees of the Fund (the "Board"). Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of Dimensional Fund Advisors LP (the "Advisor")) occur before the net asset value of the Fund is calculated. When fair value pricing is used, the prices of securities used by the Fund may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.

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The Fund will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time at which the net asset value of the Fund is computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the pricing of the Fund's shares (at the close of the NYSE), the Fund will fair-value its foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets' perceptions and trading activities on the Fund's foreign investments since the last calculated closing prices of the foreign investments on their primary foreign securities markets or exchanges. For these purposes, the Advisor has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the Fund uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). When the Fund uses fair value pricing, the values assigned to the Fund's foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.

Futures contracts held by the Fund are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy.

A summary of the inputs used to value the Fund's investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Schedule of Investments. The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

2. Foreign Currency Translation: Securities and other assets and liabilities of the Fund whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recent bid and ask prices for the U.S. dollar as quoted by generally recognized reliable sources. To facilitate the translation, the Fund enters into foreign currency contracts. A foreign currency contract is a spot agreement between two parties to buy and sell currencies at current market exchange rates, for settlement generally within two business days. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked-to-market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement. The Fund does not isolate the effect of foreign exchange rate fluctuations from the effect of fluctuations in the market prices of securities, whether realized or unrealized.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates of securities transactions, and the difference between amounts of interest, dividends and any foreign withholding taxes recorded on the books of the Fund and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Trustee of the Fund may elect to participate in the Fee Deferral Plan for Independent Directors and Trustees (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds, each of which are affiliates of the Fund, and advised by Advisor: the U.S. Large Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Large Company Portfolio, U.S. Vector Equity Portfolio, U.S. Micro Cap Portfolio, DFA International Value Portfolio, International Core Equity 2 Portfolio, Emerging Markets Portfolio, Emerging Markets Core Equity 2 Portfolio, DFA Inflation-Protected Securities Portfolio, and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses. As of October 31, 2025, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities in the amount of $308 (in thousands).

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The Trustees may receive their distributions of proceeds by one of the following methods: lump sum, annual installments over a period of agreed-upon years, or quarterly installments over a period of agreed-upon years. Each Trustee shall have the right in a notice of election (the "Notice") to defer the receipt of the Trustee's deferred compensation until a date specified by such Trustee in the Notice. The date may not be sooner than the earlier of: (i) the first business day of January following the year in which such Trustee ceases to be a member of the Board; and (ii) five years following the effective date of the Trustee's first deferral election. If a Trustee who elects to defer fees fails to designate in the Notice a time or date as of which payment of the Trustee's deferred fee account shall commence, payment of such amount shall commence as of the first business day of January following the year in which the Trustee ceases to be a member of the Board (unless the Trustee files an amended Notice selecting a different distribution date).

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities and foreign currency are accounted for on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of securities received. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Fund estimates the character of received distributions that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Expenses directly attributable to the Fund are directly charged. The Fund may be subject to taxes imposed by countries in which it invests, with respect to its investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Fund accrues such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. Additionally, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

The Fund's investments in Chile are subject to governmental taxes on investment income. Such taxes are due when currencies are repatriated from the country. The Fund accrues for taxes on income as the income is earned. The Fund is subject to tax on short-term and long-term capital gains for investments in India. Such taxes are accrued on a daily basis and due upon sale of individual securities.

**C. Investment Advisor:**

The Advisor provides investment management services to the Fund.

For the year ended October 31, 2025, the Fund's investment management fee was accrued daily and paid monthly to the Advisor based on the following effective annual rate of average daily net assets:

---

| | |
|:---|:---|
| Dimensional Emerging Markets Value Fund | 0.10<br> %<br>|

---

**Fees Paid to Officers and Directors/Trustees:**

Certain Officers and Trustees of the Advisor are also Officers and Trustees of the Fund; however, such Officers and Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the year ended October 31, 2025, the total related amounts paid by the Fund to the CCO were $7 (in thousands) and are included in Other Expenses on the Statement of Operations.

**D. Deferred Compensation:** 

As of October 31, 2025, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amount in thousands):

---

| | |
|:---|:---|
| Dimensional Emerging Markets Value Fund | &nbsp;&nbsp; $308 |

---

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**E. Purchases and Sales of Securities:** 

For the year ended October 31, 2025, the Fund's transactions related to investment securities, other than short-term securities, in-kind redemptions and U.S. Government securities (amounts in thousands), were as follows:

---

| | | |
|:---|:---|:---|
|  | **Purchases**  | **Sales** |
| Dimensional Emerging Markets Value Fund | &nbsp;&nbsp; $1287794 | &nbsp;&nbsp; $1408194 |

---

There were no purchases or sales of long-term U.S. government securities.

For the year ended October 31, 2025, transactions related to Affiliated Investment Companies, excluding in-kind redemptions, are presented below.

The amounts presented below may differ from the respective amounts presented in the corresponding Schedule of Investments, Statement of Assets and Liabilities or Statement of Operations due to rounding. The amounts are as follows (amounts in thousands):

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Balance at**<br> **October 31, 2024**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Net Realized**<br> **Gain/(Loss)**<br> **on Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation/**<br> **Depreciation**<br>| **Balance at**<br> **October 31, 2025**<br>| **Shares as of**<br> **October 31, 2025**<br>| **Dividend**<br> **Income**<br>| **Capital Gain**<br> **Distributions**<br>|
| **Dimensional Emerging** <br> **Markets Value Fund**<br>|  |  |  |  |  |  |  |  |  |
| The DFA Short Term <br> Investment Fund<br>| $76933 | $1825070 | $1780101 | $11 |  | $121913 | 10540 | $4066 |  |
| **Total** | **$76933** | **$1825070** | **$1780101** | **$11** | **—** | **$121913** |  | **$4066** | **—** |

---

**F. Federal Income Taxes:** 

No provision for federal income taxes is required since the Fund is treated as a partnership for federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been "passed down" to their respective partners. Accordingly, as a pass-through entity, the Fund pays no income dividends or capital gain distributions.

As of October 31, 2025, the total cost and aggregate gross unrealized appreciation (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes, as follows (amounts in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Federal**<br> **Tax Cost**<br>| **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **(Depreciation)**<br>| **Net**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)**<br>|
| Dimensional Emerging Markets Value Fund | &nbsp;&nbsp; $9107980 | &nbsp;&nbsp; $4977460 | &nbsp;&nbsp; $(815026)<br>| &nbsp;&nbsp; $4162434 |

---

The difference between GAAP-basis and tax basis unrealized gains (losses) can occur as a result of wash sales and net mark-to-market gains (losses) on regulated futures contracts, net mark-to-market gains (losses) on foreign currency contracts, and differences in tax treatment of passive foreign investment company investments or other investments.

ASC 740 Accounting for Uncertainty in Income Taxes sets forth a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Under GAAP, the Fund recognizes the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Fund's tax positions and has concluded that no additional provision for income tax is required in the Fund's financial statements. The Fund is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Fund's federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**G. Financial Instruments:**

In accordance with the Fund's investment objective and policies, the Fund may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. The Fund's derivative contracts are not accounted for as hedging instruments under GAAP. These instruments and their significant corresponding risks are described below:

1. Foreign Market Risks: Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign governmental supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of securities held by the Fund may be inhibited.

**Derivative Financial Instruments:**

Summarized below are the specific types of derivative instruments used by the Fund.

2. Futures Contracts: The Fund may purchase or sell futures contracts and options on futures contracts for foreign or U.S. equity securities and indices, to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Fund. Upon entering into a futures contract, the Fund deposits cash or pledges U.S. government securities to a broker in an amount equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Fund as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Fund records a realized gain or loss, which is presented in the Statement of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities or indices, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Fund could lose more than the initial margin requirements. A Portfolio entering into stock index futures is subject to equity price risk from those futures contracts.

Securities have been segregated as collateral for open futures contracts.

The average volume (based on the open positions at each fiscal month-end) of derivative activity for the year ended October 31, 2025 was as follows (amount in thousands):

---

| | |
|:---|:---|
|  | **Futures\*** |
| Dimensional Emerging Markets Value Fund | &nbsp;&nbsp; $94907 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Average Notional Value of futures contracts.

The following is a summary of the Fund's derivative instrument holdings categorized by primary risk exposure as of October 31, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Asset Derivatives Value**  | **Asset Derivatives Value**  |
|  | **Total Value**<br> **at**<br> **October 31, 2025** <br>| **Equity**<br> **Contracts** <sup>\*,(1)</sup> <br>|
| Dimensional Emerging Markets Value Fund | &nbsp;&nbsp; $2771<br>| &nbsp;&nbsp; $2771 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

(1) Presented on Statement of Assets and Liabilities as Receivables: Futures Variation Margin.

\* Includes cumulative appreciation (depreciation) of futures contracts. Only current day's margin variation is reported within the Statement of Assets and Liabilities. 

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The following is a summary of the realized and change in unrealized gains and losses from the Fund's derivative instrument holdings categorized by primary risk exposure for the year ended October 31, 2025 (amounts in thousands):

---

| | | |
|:---|:---|:---|
|  | **Realized Gain (Loss) on**<br> **Derivatives**  | **Realized Gain (Loss) on**<br> **Derivatives**  |
|  | **Total**  | **Equity**<br> **Contracts** <sup>(1)</sup> <br>|
| Dimensional Emerging Markets Value Fund | &nbsp;&nbsp; $18644 | &nbsp;&nbsp; $18644 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  | **Change in Unrealized Appreciation**<br> **(Depreciation) on Derivatives**  |
|  | **Total**  | **Equity**<br> **Contracts** <sup>(2)</sup> <br>|
| Dimensional Emerging Markets Value Fund | &nbsp;&nbsp; $3264 | &nbsp;&nbsp; $3264 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(1) Presented
 on Statement of Operations as Net Realized Gain (Loss) on: Futures.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Presented
 on Statement of Operations as Change in Unrealized Appreciation (Depreciation) of: Futures.

**H. Line of Credit and Interfund Lending Program:**

The Fund, together with other Dimensional-advised portfolios, has entered into a $500 million uncommitted, unsecured discretionary line of credit effective April 2, 2025, with its domestic custodian bank. A line of credit with similar terms was in effect through April 2, 2025. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The agreement for the line of credit expires on April 1, 2026.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $700 million unsecured line of credit with its international custodian bank effective December 26, 2024. A line of credit with similar terms was in effect through December 26, 2024. Each portfolio is permitted to borrow, subject to its investment limitations, up to the lower of one-quarter of such portfolio's net assets or $500 million, as long as total borrowings under the line of credit do not exceed $700 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed upon by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The line of credit agreement expires on December 25, 2025.

For the year ended October 31, 2025, borrowings by the Fund under the lines of credit were as follows (amounts in thousands, except percentages and days):

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Weighted**<br> **Average**<br> **Interest Rate**<br>| **Weighted**<br> **Average**<br> **Loan Balance**<br>| **Number of**<br> **Days**<br> **Outstanding\***<br>| **Interest**<br> **Expense**<br> **Incurred**<br>| **Maximum Amount**<br> **Borrowed During**<br> **the Period**<br>| **Outstanding**<br> **Borrowings**<br> **as of 10/31/2025**<br>|
| Dimensional Emerging <br> Markets Value Fund<br>| 4.84<br> %<br>| &nbsp;&nbsp; $3200 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; $1 | &nbsp;&nbsp; $4862 | &nbsp;&nbsp; — |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Number of Days Outstanding represents the total of single or consecutive days during the year ended October 31, 2025, that the Fund's available line of credit was used. 

Pursuant to an exemptive order issued by the SEC (the "Order"), the Fund may participate in an interfund lending program among certain portfolios managed by the Advisor (portfolios that operate as feeder funds do not participate in the program). The program allows the participating portfolios to borrow money from and loan money to each other

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for temporary or emergency purposes, subject to the conditions in the Order. A loan can only be made through the program if the interfund loan rate on that day is more favorable to both the borrowing and lending portfolios as compared to rates available through short-term bank loans or investments in overnight repurchase agreements and money market funds, respectively, as detailed in the Order. Further, a portfolio may participate in the program only if and to the extent that such participation is consistent with its investment objectives and limitations. Interfund loans have a maximum duration of seven days and may be called on one business day's notice.

The Fund did not use the interfund lending program during the year ended October 31, 2025.

**I. Affiliated Trades:**

Cross trades for the year ended October 31, 2025, if any, were executed by the Fund pursuant to procedures adopted by the Board to ensure compliance with Rule 17a-7 under the 1940 Act. Cross trading is the buying or selling of portfolio securities between series of investment companies, or between a series of an investment company and another entity, that are or could be considered affiliates by virtue of a common investment advisor (or affiliated investment advisors), common Trustees and/or common Officers. At its regularly scheduled meetings, the CCO certifies to the Board that the 17a-7 transactions entered into by the Fund complied with the Rule 17a-7 Procedures adopted by the Board.

For the year ended October 31, 2025, cross trades by the Fund under Rule 17a-7 were as follows (amounts in thousands):

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio** | **Purchases** | **Sales** | **Realized Gain (Loss)** |
| Dimensional Emerging Markets Value Fund | &nbsp;&nbsp; $3055 | &nbsp;&nbsp; $4448 | &nbsp;&nbsp; $(2141)<br>|

---

**J. Securities Lending:** 

As of October 31, 2025, the Fund had securities on loan to brokers/dealers, for which the Fund received cash collateral. The contractual maturity of cash collateral received under the securities lending agreement is classified as overnight and continuous. The Fund also received non-cash collateral consisting of short- and/or long-term U.S. Treasuries and U.S. government agency securities as follows (amount in thousands):

---

| | |
|:---|:---|
|  | **Non-Cash**<br> **Collateral**<br> **Market**<br> **Value**<br>|
| Dimensional Emerging Markets Value Fund | &nbsp;&nbsp; $998413 |

---

The Fund invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral in an amount (i) equal to at least 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) generally equal to 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) generally equal to 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Fund's collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities, and such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Fund or, at the option of the lending agent, to replace the securities. In the event of the bankruptcy of the borrower, the Fund could experience delay in recovering the loaned securities or only recover cash or a security of equivalent value.

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Subject to its stated investment policies, the Fund will generally invest the cash collateral received for the loaned securities in The DFA Short Term Investment Fund (the "Short Term Series"), an affiliated registered ultrashort term bond fund advised by the Advisor for which the Advisor receives a management fee of 0.05% of the average daily net assets of the Short Term Series. Income received from the Short Term Series is netted with fees for securities lending and collateral investment expenses and with other payments to and from borrowers of securities. The Fund also may invest the cash collateral received for the loaned securities in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies, and affiliated or unaffiliated money market funds that are registered or unregistered. For purposes of this paragraph, agencies include both agency debentures and agency mortgage-backed securities. Additionally, the Fund will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or, other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible for taxation at qualified dividend income rates.

**K. Indemnitees; Contractual Obligations:**

Under the Fund's organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties that provide general indemnification. The Fund's maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

**L. Segment Reporting:**

In this reporting period, the Fund adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The adoption of the new standard only impacted financial statement disclosures and did not affect the Fund's financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that (i) engages in business activities from which it may recognize revenues and incur expenses, (ii) has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and (iii) has discrete financial information available. The Fund's Co-Chief Executive Officers and the Chief Financial Officer act as the Fund's CODM. The Fund represents a single operating segment, as the CODM monitors the operating results of the Fund as a whole. The Fund's long-term strategic asset allocation is executed by its fund management team and guided by the Fund's investment objective and principal investment strategies, as described in the Fund's registration statement. The financial information provided to and reviewed by the CODM is consistent with that presented in the Fund's Schedule of Investments, Statement of Operations, Statement of Changes in Net Assets, and Financial Highlights.

**M. New Accounting Pronouncement:**

In December 2023, the FASB issued Accounting Standards Update 2023-09, Income Taxes (Topic 740) – Improvements to Income Tax Disclosures ("ASU 2023-09"). Effective for annual periods beginning after December 15, 2024, the amendments require greater disaggregation of disclosures related to income taxes paid. The ASU 2023-09 allows for early adoption and requires that amendments be applied on a prospective basis. Management is currently evaluating the impact of the ASU 2023-09 but does not expect the guidance to materially impact the financial statements.

**N. Other:**

The Fund is subject to claims and suits that arise from time to time in the ordinary course of business (for example, claw back litigation against former shareholders of portfolio companies that filed for bankruptcy). Although management currently believes that resolving claims, if any, against the Fund, individually or in aggregate, will not have a material adverse impact on the Fund's financial position, results of operations, or cash flows, these matters are subject to inherent uncertainties and management's view of these matters may change in the future.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**O. Subsequent Event Evaluations:** 

Management has evaluated the impact of all subsequent events on the Fund through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.

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**Report of Independent Registered Public Accounting Firm**

To the Board of Trustees and Shareholders of Dimensional Emerging Markets Value Fund

***Opinion on the Financial Statements***

We have audited the accompanying statement of assets and liabilities, including the schedule of investments, of Dimensional Emerging Markets Value Fund (the "Fund") as of October 31, 2025, the related statement of operations for the year ended October 31, 2025, the statement of changes in net assets for each of the two years in the period ended October 31, 2025, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2025 (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of October 31, 2025, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended October 31, 2025 and the financial highlights for each of the five years in the period ended October 31, 2025 in conformity with accounting principles generally accepted in the United States of America.

 ****

***Basis for Opinion***

These financial statements are the responsibility of the Fund's management. Our responsibility is to express an opinion on the Fund's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Series in accordance with the relevant ethical requirements relating to our audit, which include standards of the American Institute of Certified Public Accountants (AICPA) Code of Professional Conduct, as well as U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission.

We conducted our audits of these financial statements in accordance with the auditing standards of the PCAOB and in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial

PricewaterhouseCoopers LLP, Two Commerce Square, Suite 1700, 2001 Market Street, Philadelphia, PA 19103-7042 T: (267) 330 3000, www.pwc.com/us

1192

------

![](logo_01.jpg)

statements. Our procedures included confirmation of securities owned as of October 31, 2025 by correspondence with the custodian, brokers and transfer agent of the investee fund; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.

/s/ PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania

December 19, 2025

We have served as the auditor of one or more investment companies in Dimensional Fund Advisors L.P. investment company group since 1981.

1193

------

**TAX NOTICE TO SHAREHOLDERS**

**(Unaudited)**

The following information is solely for informational purposes. Each Portfolio is designating the U.S. federal income tax character of the following items with respect to distributions paid or expected to be paid to shareholders related to the fiscal year ended October 31, 2025. All designations are based on financial information available as of the date of this annual report and, accordingly are subject to change. For each classification below and including "Section 163(j) interest dividends" as defined in Treasury Regulation §1.163(j)-1(b)(35) and "Section 199A dividends" as defined in Treasury Regulation §1.199A -3(d), it is the intent of the Portfolio to designate the maximum amount permitted under the Internal Revenue Code and the regulations thereunder.

For U.S. federal income tax purposes, shareholders generally must report distributions received from a Portfolio on a calendar-year basis, which therefore may include distributions with respect to portions of two fiscal years of the Portfolio. Annual statements needed by shareholders concerning the tax status of distributions received for the calendar year 2025 (e.g., IRS Form 1099-DIV) will be provided in early 2026. Shareholders should refer to these statements in preparing their calendar year 2025 tax returns. Please consult your tax advisor for the proper treatment of this information. Unless otherwise noted, the amounts in the table are expressed as a percentage of the distributions paid with respect to the fiscal year ended October 31, 2025.

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **DFA Investment**<br> **Dimensions Group Inc.**<br>| **Net**<br> **Investment**<br> **Income**<br> **Distributions** <br>| **Short-Term**<br> **Capital Gain**<br> **Distributions** <br>| **Long-Term**<br> **Capital Gain**<br> **Distributions** <br>| **Return of**<br> **Capital** <br>| **Tax-Exempt**<br> **Interest** <br>| **Total**<br> **Distributions** <br>| **Qualified**<br> **Dividends**<br> **(for**<br> **Corporate**<br> **Dividends**<br> **Received**<br> **Deduction) (1)**<br>| **Qualified**<br> **Dividend**<br> **Income (2)**<br>| **U.S.**<br> **Government**<br> **Interest (3)**<br>| **Foreign**<br> **Tax**<br> **Credit (4)**<br>| **Foreign**<br> **Source**<br> **Income (5)**<br>| **Qualified**<br> **Net**<br> **Interest**<br> **Income (6)**<br>| **Qualified**<br> **Short-**<br> **Term**<br> **Capital**<br> **Gain (7)**<br>|
| Large Cap International Portfolio | &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 76<br> %<br>|  | 6<br> %<br>| 90<br> %<br>|  |  |
| International Core Equity 2 <br> Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 75<br> %<br>|  | 7<br> %<br>| 90<br> %<br>|  |  |
| Global Small Company Portfolio | &nbsp;&nbsp; 71<br> %<br>|  | 29<br> %<br>|  |  | 100<br> %<br>| 32<br> %<br>| 69<br> %<br>|  | 5<br> %<br>| 50<br> %<br>|  |  |
| International Small Company <br> Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 69<br> %<br>|  | 5<br> %<br>| 85<br> %<br>| 1<br> %<br>|  |
| Japanese Small Company <br> Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 57<br> %<br>|  | 6<br> %<br>| 72<br> %<br>|  |  |
| Asia Pacific Small Company <br> Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 37<br> %<br>|  |  | 67<br> %<br>|  |  |
| United Kingdom Small Company <br> Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 71<br> %<br>|  | 1<br> %<br>| 87<br> %<br>|  |  |
| Continental Small Company <br> Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 89<br> %<br>|  | 7<br> %<br>| 94<br> %<br>|  |  |
| DFA International Real Estate <br> Securities Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 32<br> %<br>|  | 3<br> %<br>| 65<br> %<br>|  |  |
| DFA Global Real Estate Securities <br> Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 35<br> %<br>|  |  |  |  |  |
| DFA International Small Cap Value <br> Portfolio<br>| &nbsp;&nbsp; 85<br> %<br>|  | 15<br> %<br>|  |  | 100<br> %<br>|  | 71<br> %<br>|  | 6<br> %<br>| 92<br> %<br>|  |  |
| International Vector Equity <br> Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 76<br> %<br>|  | 7<br> %<br>| 92<br> %<br>|  |  |
| International High Relative <br> Profitability Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 85<br> %<br>|  | 7<br> %<br>| 95<br> %<br>|  |  |
| World ex U.S. Value Portfolio | &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 60<br> %<br>|  | 6<br> %<br>| 79<br> %<br>|  |  |
| World ex U.S. Core Equity <br> Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 62<br> %<br>|  | 7<br> %<br>| 87<br> %<br>|  |  |
| World ex U.S. Targeted Value <br> Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 96<br> %<br>|  | 8<br> %<br>| 100<br> %<br>|  |  |
| World Core Equity Portfolio | &nbsp;&nbsp; 58<br> %<br>|  | 42<br> %<br>|  |  | 100<br> %<br>| 40<br> %<br>| 81<br> %<br>|  | 3<br> %<br>| 56<br> %<br>|  |  |

---

1194

------

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **DFA Investment**<br> **Dimensions Group Inc.**<br>| **Net**<br> **Investment**<br> **Income**<br> **Distributions** <br>| **Short-Term**<br> **Capital Gain**<br> **Distributions** <br>| **Long-Term**<br> **Capital Gain**<br> **Distributions** <br>| **Return of**<br> **Capital** <br>| **Tax-Exempt**<br> **Interest** <br>| **Total**<br> **Distributions** <br>| **Qualified**<br> **Dividends**<br> **(for**<br> **Corporate**<br> **Dividends**<br> **Received**<br> **Deduction) (1)**<br>| **Qualified**<br> **Dividend**<br> **Income (2)**<br>| **U.S.**<br> **Government**<br> **Interest (3)**<br>| **Foreign**<br> **Tax**<br> **Credit (4)**<br>| **Foreign**<br> **Source**<br> **Income (5)**<br>| **Qualified**<br> **Net**<br> **Interest**<br> **Income (6)**<br>| **Qualified**<br> **Short-**<br> **Term**<br> **Capital**<br> **Gain (7)**<br>|
| Selectively Hedged Global Equity <br> Portfolio<br>| &nbsp;&nbsp; 35<br> %<br>|  | 65<br> %<br>|  |  | 100<br> %<br>| 36<br> %<br>| 79<br> %<br>|  | 4<br> %<br>| 62<br> %<br>|  |  |
| Emerging Markets Portfolio | &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 45<br> %<br>|  | 11<br> %<br>| 86<br> %<br>|  |  |
| Emerging Markets Small Cap <br> Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 24<br> %<br>|  | 12<br> %<br>| 56<br> %<br>|  |  |
| Emerging Markets Value Portfolio | &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 39<br> %<br>|  | 7<br> %<br>| 79<br> %<br>|  |  |
| Emerging Markets Core Equity 2 <br> Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 38<br> %<br>|  | 7<br> %<br>| 81<br> %<br>|  |  |
| Emerging Markets Targeted Value <br> Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 20<br> %<br>|  | 5<br> %<br>| 54<br> %<br>|  |  |
| Emerging Markets ex China Core <br> Equity Portfolio<br>| &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 44<br> %<br>|  | 16<br> %<br>| 97<br> %<br>|  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(1) Qualified
 Dividends represents the amount that qualifies for the corporate dividends-received deduction under Section 243 of the Internal Revenue
 Code and is reflected as a percentage
 of estimated ordinary income distributions (the total of short-term capital gain and net investment income distributions) for the fiscal
 year 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Qualified
 Dividend Income represents the amount that qualifies for the reduced capital gain tax rate under Section 1(h)(11) of the Internal Revenue
 Code and is reflected as a percentage
 of estimated ordinary income distributions (the total of short-term capital gain and net investment income distributions) for the fiscal
 year 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(3) U.S.
 Government Interest represents the amount of interest that was derived from direct U.S. Government obligations and distributed during
 the fiscal year. This amount is reflected as
 a percentage of total estimated ordinary income distributions (the total of short-term capital gain and net investment income distributions)
 for the fiscal year 2025. Generally, interest
 from direct U.S. Government obligations is exempt from state income tax. Please consult your tax advisor for the availability of
 a state tax exemption based on your individual circumstances.

&nbsp;&nbsp;&nbsp;&nbsp;(4) Foreign
 Tax Credit represents the amount of dividends that qualify for the foreign tax credit pass through under Section 853 of the Internal Revenue
 Code and is reflected as a percentage
 of "investment company taxable income" (as defined in Section 852(b)(2) of the Internal Revenue Code).

&nbsp;&nbsp;&nbsp;&nbsp;(5) Foreign
 Source Income represents the amount of dividends derived from foreign sources and is reflected as a percentage of "investment company
 taxable income" (as defined in Section
 852(b)(2) of the Internal Revenue Code).

&nbsp;&nbsp;&nbsp;&nbsp;(6) Qualified
 Net Interest Income represents the amount of interest income available as interest-related dividends generally exempt from withholding
 taxes for non-U.S. shareholders under
 Section 871(k)(1) of the Internal Revenue Code. The information is reflected as a percentage estimated ordinary income distributions (the
 total of short-term capital gain and net investment
 income distributions) for the fiscal year 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(7) Qualified
 Short-Term Capital Gain represents the amount available as short-term capital gain dividends generally exempt from withholding taxes for
 non-U.S. shareholders under Section
 871(k)(2) of the Internal Revenue Code. The information is reflected as a percentage of estimated ordinary income distributions (the total
 of short-term capital gain and net investment
 income distributions) for the fiscal year 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Dimensional**<br> **Investment Group Inc.**<br>| **Net**<br> **Investment**<br> **Income**<br> **Distributions** <br>| **Short-Term**<br> **Capital Gain**<br> **Distributions** <br>| **Long-Term**<br> **Capital Gain**<br> **Distributions** <br>| **Return of**<br> **Capital** <br>| **Tax-Exempt**<br> **Interest** <br>| **Total**<br> **Distributions** <br>| **Qualified**<br> **Dividends**<br> **(for**<br> **Corporate**<br> **Dividends**<br> **Received**<br> **Deduction) (1)**<br>| **Qualified**<br> **Dividend**<br> **Income (2)**<br>| **U.S.**<br> **Government**<br> **Interest (3)**<br>| **Foreign**<br> **Tax**<br> **Credit (4)**<br>| **Foreign**<br> **Source**<br> **Income (5)**<br>| **Qualified**<br> **Net**<br> **Interest**<br> **Income (6)**<br>| **Qualified**<br> **Short-**<br> **Term**<br> **Capital**<br> **Gain (7)**<br>|
| DFA International Value Portfolio | &nbsp;&nbsp; 100<br> %<br>|  |  |  |  | 100<br> %<br>|  | 70<br> %<br>|  | 5<br> %<br>| 80<br> %<br>|  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(1) Qualified
 Dividends represents the amount that qualifies for the corporate dividends-received deduction under Section 243 of the Internal Revenue
 Code and is reflected as a percentage
 of estimated ordinary income distributions (the total of short-term capital gain and net investment income distributions) for the fiscal
 year 2025.

1195

------

&nbsp;&nbsp;&nbsp;&nbsp;(2) Qualified
 Dividend Income represents the amount that qualifies for the reduced capital gain tax rate under Section 1(h)(11) of the Internal Revenue
 Code and is reflected as a percentage
 of estimated ordinary income distributions (the total of short-term capital gain and net investment income distributions) for the fiscal
 year 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(3) U.S.
 Government Interest represents the amount of interest that was derived from direct U.S. Government obligations and distributed during
 the fiscal year. This amount is reflected as
 a percentage of total estimated ordinary income distributions (the total of short-term capital gain and net investment income distributions)
 for the fiscal year 2025. Generally, interest
 from direct U.S. Government obligations is exempt from state income tax. Please consult your tax advisor for the availability of
 a state tax exemption based on your individual circumstances.

&nbsp;&nbsp;&nbsp;&nbsp;(4) Foreign
 Tax Credit represents the amount of dividends that qualify for the foreign tax credit pass through under Section 853 of the Internal Revenue
 Code and is reflected as a percentage
 of "investment company taxable income" (as defined in Section 852(b)(2) of the Internal Revenue Code).

&nbsp;&nbsp;&nbsp;&nbsp;(5) Foreign
 Source Income represents the amount of dividends derived from foreign sources and is reflected as a percentage of "investment company
 taxable income" (as defined in Section
 852(b)(2) of the Internal Revenue Code).

&nbsp;&nbsp;&nbsp;&nbsp;(6) Qualified
 Net Interest Income represents the amount of interest income available as interest-related dividends generally exempt from withholding
 taxes for non-U.S. shareholders under
 Section 871(k)(1) of the Internal Revenue Code. The information is reflected as a percentage estimated ordinary income distributions (the
 total of short-term capital gain and net investment
 income distributions) for the fiscal year 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(7) Qualified
 Short-Term Capital Gain represents the amount available as short-term capital gain dividends generally exempt from withholding taxes for
 non-U.S. shareholders under Section
 871(k)(2) of the Internal Revenue Code. The information is reflected as a percentage of estimated ordinary income distributions (the total
 of short-term capital gain and net investment
 income distributions) for the fiscal year 2025.

1196

------

**Item 8 – Changes in and Disagreements with Accountants for Open-End Management Investment Companies**

Not applicable

1197

------

**Item 9 – Proxy Disclosures for Open-End Management Investment Companies**

Not applicable

1198

------

**Item 10 – REMUNERATION PAID TO DIRECTORS, OFFICERS, AND OTHERS OF OPEN-END MANAGEMENT INVESTMENT COMPANIES** 

&nbsp;&nbsp;&nbsp;&nbsp; Remuneration paid to directors, officers, and others is included in the "Fees Paid to Officers and Directors/Trustees" section of the Notes to Financial Statements above.

1199

------

**Item 11 – STATEMENT REGARDING BASIS FOR APPROVAL OF INVESTMENT MANAGEMENT AGREEMENTS**

Not applicable

1200

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

![](imgbe1bc7f12.jpg)

DFA-103125-001AI

------

ITEM 12. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

This item is not applicable to the Registrant, which is an open-end management investment company.

ITEM 13. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

This item is not applicable to the Registrant, which is an open-end management investment company.

ITEM 14. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.

This item is not applicable to the Registrant, which is an open-end management investment company.

---

| | |
|:---|:---|
| ITEM 15. | SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. |

---

None.

ITEM 16. CONTROLS AND PROCEDURES.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Based on their evaluation of the Registrant's disclosure controls and procedures as of a date within 90 days of the filing date
 of this Form N-CSR (the "Report"), the Registrant's Co-Principal Executive Officers and Principal Financial Officer
 believe that the disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended)
 are effectively designed to ensure that information required to be disclosed by the Registrant in the Report is recorded, processed, summarized
 and reported by the filing date, including ensuring that information required to be disclosed in the Report is accumulated and communicated
 to the Registrant's officers that are making certifications in the Report, as appropriate, to allow timely decisions regarding required
 disclosure. The Registrant's management, including the Co-Principal Executive Officers and the Principal Financial Officer, recognizes
 that any set of controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving
 the desired control objectives.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) There were no changes in the Registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment
 Company Act of 1940, as amended) that occurred during the period covered by this Report that have materially affected, or are reasonably
 likely to materially affect, the Registrant's internal control over financial reporting.

ITEM 17. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

This item is not applicable to the Registrant, which is an open-end management investment company.

ITEM 18. RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

ITEM 19. EXHIBITS.

(a)(1) [Code of Ethics is filed herewith.](demvf-efp18827_ex99codeeth.htm)

(a)(2) This item is not applicable.

(a)(3) [Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 are filed herewith.](demvf-efp18827_ex99cert.htm)

(a)(4) This item is not applicable.

(a)(5) This item is not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) [Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 are filed herewith.](demvf-efp18827_ex99906cert.htm)

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dimensional Emerging Markets Value Fund

---

| | |
|:---|:---|
| By: | /s/ David P. Butler |
|  | David P. Butler |
|  | Co-Chief Executive Officer |
| Date: | January 7, 2026 |

---

---

| | |
|:---|:---|
| By: | /s/ Gerard K. O'Reilly |
|  | Gerard K. O'Reilly |
|  | Co-Chief Executive Officer and |
|  | Co-Chief Investment Officer |
| Date: | January 7, 2026 |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By: | /s/ David P. Butler |
|  | David P. Butler |
|  | Co-Principal Executive Officer |
|  | Dimensional Emerging Markets Value Fund |
| Date: | January 7, 2026 |

---

---

| | |
|:---|:---|
| By: | /s/ Gerard K. O'Reilly |
|  | Gerard K. O'Reilly |
|  | Co-Principal Executive Officer |
|  | Dimensional Emerging Markets Value Fund |
| Date: | January 7, 2026 |

---

---

| | |
|:---|:---|
| By: | /s/ Jan Miller |
|  | Jan Miller |
|  | Principal Financial Officer |
|  | Dimensional Emerging Markets Value Fund |
| Date: | January 7, 2026 |

---

## Ex-99.Code

**EX.99.CODE ETH**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Effective Date: March 5, 2025** | &nbsp;&nbsp; **CONFIDENTIAL AND** <br> **PROPRIETARY** |

---

**CODE OF BUSINESS ETHICS FOR**

**PRINCIPAL EXECUTIVE AND FINANCIAL OFFICERS**

DFA INVESTMENT DIMENSIONS GROUP INC.

DIMENSIONAL EMERGING MARKETS VALUE FUND

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DIMENSIONAL ETF TRUST

&nbsp;&nbsp;&nbsp;&nbsp;**I.**  **<u>Covered Officers and Purposes of the Code</u>** 

The Boards of Directors/Trustees (together, the "Boards") of DFA Investment Dimensions Group Inc., Dimensional Emerging Markets Value Fund, Dimensional Investment Group Inc., The DFA Investment Trust Company, and Dimensional ETF Trust (each a "Fund," and together, the "Funds") have adopted this Code of Business Ethics for Principal Executive and Financial Officers (the "Code"). The Code applies to the Funds' principal executive officers and principal financial officers (together, the "Covered Officers"), and is adopted to promote:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• honest and ethical conduct, including the ethical handling
of conflicts of interest;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• full, fair, accurate, timely and understandable disclosure
in reports and documents that a Fund files with, or submits to, the U.S. Securities and Exchange Commission (the "SEC"), and
in other public communications made by the Funds;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• compliance with applicable laws and governmental rules and
regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the prompt internal reporting of violations of the Code to
the appropriate person(s) identified in the Code; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• accountability for adherence to the Code.

&nbsp;&nbsp;&nbsp;&nbsp;**II.**  **<u>Covered Officers Should "Adhere to a High Standard of Business Ethics"</u>** 

Each Covered Officer owes a duty to the Funds to adhere to a high standard of business ethics and should be sensitive to situations that may give rise to actual, as well as apparent, conflicts of interests.

Each Covered Officer shall:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• observe all laws and governmental rules and regulations,
accounting standards and Fund policies;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• adhere to a high standard of business ethics; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• place the interests of the Funds before the Covered Officer's
own personal interests.

All activities of Covered Officers should be guided by and adhere to these fiduciary standards.

![](code.jpg)

US_1052.15

&nbsp;&nbsp;&nbsp;&nbsp;**III.**  **<u>Covered Officers Should Handle Ethically Conflicts of Interest</u>** 

 **Guiding Principles.** A "conflict of interest" occurs when a Covered Officer's private interests interfere with the interests of, or the service to, the Funds. A conflict of interest can arise when a Covered Officer takes actions or has interests that may make it difficult to perform the Fund work objectively and effectively. For example, a conflict of interest would arise if a Covered Officer, or a member of the Covered Officer's family, receives improper personal benefits as a result of the Covered Officer's positions with the Funds. In addition, the Funds must be sensitive to situations that create apparent, if not actual, conflicts of interest. Service to the Funds should not be subordinated to personal gain and advantage.

Certain conflicts of interest covered by this Code arise out of the relationships between Covered Officers and the Funds that already are subject to conflict of interest provisions in the Investment Company Act of 1940, as amended (the "1940 Act"), and the Investment Advisers Act of 1940, as amended (the "Advisers Act"). For example, Covered Officers may not individually engage in certain transactions (such as the purchase or sale of securities or other property) with the Funds because of the Covered Officers' status as "affiliated persons" of the Funds. The compliance programs and procedures of the Funds and Dimensional Fund Advisors LP, the Funds' investment advisor and administrator (the "Advisor"), are designed to prevent, or identify and correct, violations of these provisions. This Code does not, and is not intended to, repeat or replace those compliance programs and procedures. Covered Officers must in all cases comply with applicable statutes and regulations.

Although typically not presenting an opportunity for improper personal benefit, conflicts of interest arise from, or as a result of, the contractual relationships between the Funds and the Advisor, of which the Covered Officers are also officers or employees. As a result, it is recognized by the Boards that, subject to the Advisor's fiduciary duties to the Funds, the Covered Officers will, in the normal course of their duties (whether formally for the Funds or for the Advisor, or for both), be involved in establishing policies and implementing decisions that will have different effects on the Advisor and the Funds. The Boards recognize that the participation of the Covered Officers in such activities is inherent in the contractual relationships between the Funds and the Advisor, and is consistent with the expectation of the Boards of the performance by the Covered Officers of their duties as officers of the Funds. Such participation, if addressed in conformity with the provisions of the 1940 Act and the Advisers Act, will be deemed to have been handled ethically. In addition, it is recognized by the Boards that the Covered Officers may also be officers or employees of one or more other investment companies advised by the Advisor and covered by this or other Codes.

Other conflicts of interest are covered by the Code, even if such conflicts of interest are not subject to provisions in the 1940 Act and the Advisers Act. In reading the following examples of conflicts of interest under the Code, the Covered Officers should keep in mind that such a list cannot be exhaustive by covering every possible scenario. It follows that the overarching principle—that the personal interest of a Covered Officer should not be placed improperly before the interest of a Fund—should be the guiding principle in all circumstances.

Each Covered Officer must:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• avoid conflicts of interest whenever possible;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• handle any actual or apparent conflict of interest ethically;

---

| | |
|:---|:---|
| 2 | ![](code.jpg) |

---

US_1052.15

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• not use personal influence or personal relationships
improperly to influence investment decisions or financial reporting by the Funds whereby the Covered Officer would benefit personally
to the detriment of the Funds;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• not cause the Funds to take action, or fail to take action,
for the individual personal benefit of the Covered Officer rather than for the benefit of the Funds;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• not use material, non-public knowledge of portfolio transactions
made or contemplated for the Funds to profit personally, or to cause others to profit, by the market effect of such transactions; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• as described in more detail below, discuss any material transaction
or relationship, which could reasonably be expected to give rise to a conflict of interest, with the Chief Compliance Officer of the Funds
(the "Designated Ethics Officer"). In the event the Chief Compliance Officer of the Funds is not available, the Chairman of
the Audit Committee may take action required hereunder of the Designated Ethics Officer.

There are some conflict of interest situations that should always be discussed with the Designated Ethics Officer, if material. Examples of these situations include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• any outside business activity that detracts from an individual's ability to devote appropriate time and attention to the individual's responsibilities with the Funds;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• service as a director on the board of any public or private
company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the receipt of any non-nominal gifts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the receipt of any entertainment from any company with which
the Funds have current or prospective business dealings, unless such entertainment is business-related, reasonable in cost, appropriate
as to time and place, and not so frequent as to raise any question of impropriety;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• being in the position of supervising, reviewing or having
any influence on the job evaluation, pay or benefit of any immediate family member;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• any ownership interest in, or any consulting or employment relationship with, any of the Funds' service providers, other than the Advisor and DFA Securities LLC ("DFAS"), or any affiliated person thereof; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a direct or indirect financial interest in commissions, transaction
charges or spreads paid by a Fund for effecting portfolio transactions or for selling or redeeming shares other than an interest arising
from the Covered Officer's employment, such as compensation or equity ownership.

&nbsp;&nbsp;&nbsp;&nbsp;**IV.**  **<u>Disclosure</u>** 

Each Covered Officer is required to be familiar and comply with the Funds' disclosure controls and procedures so that the Funds' subject reports and documents filed with the SEC comply in all material respects with the applicable federal securities laws and SEC rules. In addition, each Covered Officer having direct or supervisory authority regarding these SEC filings or the Funds' other public communications should, to the extent appropriate within the Covered Officer's area of responsibility,

---

| | |
|:---|:---|
| 3 | ![](code.jpg) |

---

US_1052.15

consult with other Fund officers and employees and take other appropriate steps regarding these disclosures with the goal of making full, fair, accurate, timely and understandable disclosure.

Each Covered Officer:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• must become familiar with the disclosure requirements applicable to the Funds as well as the business and financial operations of the Funds; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• must not knowingly misrepresent, or intentionally cause others
to misrepresent, facts about the Funds to others, whether within or outside the Funds, including to the Funds' directors/trustees
and auditors, and to governmental regulators and self-regulatory organizations.

&nbsp;&nbsp;&nbsp;&nbsp;**V.**  **<u>Compliance</u>** 

It is the Funds' policy to comply with all applicable laws and governmental rules and regulations. It is the responsibility of each Covered Officer to adhere to the standards and restrictions imposed by those laws, rules and regulations, including those relating to affiliated transactions, accounting and auditing matters.

&nbsp;&nbsp;&nbsp;&nbsp;**VI.**  **<u>Reporting and Accountability</u>** 

Each Covered Officer must:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• upon adoption of the Code, affirm in writing to the Designated Ethics Officer has received, read, and understands the Code;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• annually thereafter affirm to the Designated Ethics Officer has received, read and understands the Code and has complied with the requirements of the Code;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• not retaliate against any employee or Covered Officer for
reports of potential violations that are made in good faith; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• notify the Designated Ethics Officer promptly if the Covered
Officer knows of any violation of this Code. Failure to do so is itself a violation of this Code.

The Designated Ethics Officer is responsible for applying the provisions of the Code to specific situations in which questions arise under the Code, and the Designated Ethics Officer has the authority to interpret this Code in any particular situation. The Designated Ethics Officer is authorized (and encouraged) to consult, as appropriate, with the Audit Committee of the Funds, the members of the Boards who are not "interested persons" (together, the "Independent Directors"), and counsel to the Funds and the Independent Directors.

The Funds will comply with the following procedures in investigating and enforcing this Code:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the Designated Ethics Officer will take all appropriate action to investigate any reported violations and potential violations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• violations and potential violations will be reported to the
Audit Committee after such investigation;

---

| | |
|:---|:---|
| 4 | ![](code.jpg) |

---

US_1052.15

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• if the Audit Committee determines that a violation of this
Code has occurred, the Audit Committee will consider appropriate action, which may include the review of, and necessary modifications
to, applicable policies and procedures; notification to appropriate personnel of the Advisor or the Advisor's board of directors; or recommending
the dismissal of the Covered Officer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• appropriate disciplinary or preventive action may include
a letter of censure, suspension, dismissal or, in the event of criminal or other serious violations of law, notification of the SEC or
other appropriate law enforcement authorities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the Audit Committee will report to the Boards any action
(whether disciplinary, preventive or otherwise) taken to address violations of this Code;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the Audit Committee will be responsible for granting waivers
and determining sanctions, as appropriate; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• any changes to or waivers of this Code will, to the extent
required, be disclosed on Form N-CSR as provided by SEC rules.

&nbsp;&nbsp;&nbsp;&nbsp;**VII.**  **<u>Other Policies and Procedures</u>** 

The Global Code of Ethics and Standard of Conduct under Rule 17j-1 under the 1940 Act, adopted by the Funds, the Advisor and the affiliated companies of the Advisor, and the Advisor's policies and procedures set forth in the *Insider Trading Policy* are separate requirements applying to the Covered Officers and others, and are not part of this Code.

&nbsp;&nbsp;&nbsp;&nbsp;**VIII.**  **<u>Amendments</u>** 

This Code may not be amended except in written form, which is specifically approved or ratified by a majority vote of the Boards, including a majority of the Independent Directors.

&nbsp;&nbsp;&nbsp;&nbsp;**IX.**  **<u>Confidentiality</u>** 

All reports and records prepared or maintained pursuant to this Code shall be considered confidential and shall be maintained and protected accordingly. Except as otherwise required by law or this Code, such matters shall not be disclosed to anyone other than the members of the Boards and their counsel, the Funds, and the Advisor.

&nbsp;&nbsp;&nbsp;&nbsp;**X.**  **<u>Internal Use</u>** 

The Code is intended solely for the internal use by the Funds and does not constitute an admission, by or on behalf of any Fund, as to any fact, circumstance, or legal conclusion.

---

| | |
|:---|:---|
| 5 | ![](code.jpg) |

---

US_1052.15

**Exhibit A** 

**<u>Persons Covered by this Code of Business Ethics</u>**

**(as of June 24, 2021)**

Gerard O'Reilly (Co-Principal Executive Officer of the Funds)

David P. Butler (Co-Principal Executive Officer of the Funds)

Jan Miller (Principal Financial Officer of the Funds)

---

| | |
|:---|:---|
| A-1 | ![](code.jpg) |

---

US_1052.14

## Ex-99.Cert

**EX-99.CERT**

CERTIFICATION PURSUANT TO SECTION 302 OF

THE SARBANES-OXLEY ACT OF 2002

I, David P. Butler, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. I
 have reviewed this report on Form N-CSR of Dimensional Emerging Markets Value Fund (the "Registrant");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Based
 on my knowledge, this report does not contain any untrue statement of a material fact or
 omit to state a material fact necessary to make the statements made, in light of the circumstances
 under which such statements were made, not misleading with respect to the period covered
 by this report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Based
 on my knowledge, the financial statements, and other financial information included in this
 report, fairly present in all material respects the financial condition, results of operations,
 changes in net assets, and cash flows (if the financial statements are required to include
 a statement of cash flows) of the Registrant as of, and for, the periods presented in this
 report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. The
 Registrant's other certifying officers and I are responsible for establishing and maintaining
 disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company
 Act of 1940, as amended) and internal control over financial reporting (as defined in Rule
 30a-3(d) under the Investment Company Act of 1940, as amended) for the Registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) designed
 such disclosure controls and procedures, or caused such disclosure controls and procedures
 to be designed under our supervision, to ensure that material information relating to the
 Registrant, including its consolidated subsidiaries, is made known to us by others within
 those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) designed
 such internal control over financial reporting, or caused such internal control over financial
 reporting to be designed under our supervision, to provide reasonable assurance regarding
 the reliability of financial reporting and the preparation of financial statements for external
 purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) evaluated
 the effectiveness of the Registrant's disclosure controls and procedures and presented
 in this report our conclusions about the effectiveness of the disclosure controls and procedures,
 as of a date within 90 days prior to the filing date of this report based on such evaluation;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) disclosed
 in this report any change in the Registrant's internal control over financial reporting
 that occurred during the period covered by this report that has materially affected, or is
 reasonably likely to materially affect, the Registrant's internal control over financial
 reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The
 Registrant's other certifying officers and I have disclosed to the Registrant's
 auditors and the audit committee of the Registrant's board of directors (or persons
 performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) all
 significant deficiencies and material weaknesses in the design or operation of internal control
 over financial reporting which are reasonably likely to adversely affect the Registrant's
 ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) any
 fraud, whether or not material, that involves management or other employees who have a significant
 role in the Registrant's internal control over financial reporting.

Date: January 7, 2026

---

| | |
|:---|:---|
| By: | /s/ David P. Butler |
|  | David P. Butler |
|  | Co-Principal Executive Officer |
|  | Dimensional Emerging Markets Value Fund |

---

CERTIFICATION PURSUANT TO SECTION 302 OF

THE SARBANES-OXLEY ACT OF 2002

I, Gerard K. O'Reilly, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. I
 have reviewed this report on Form N-CSR of Dimensional Emerging Markets Value Fund (the "Registrant");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Based
 on my knowledge, this report does not contain any untrue statement of a material fact or
 omit to state a material fact necessary to make the statements made, in light of the circumstances
 under which such statements were made, not misleading with respect to the period covered
 by this report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Based
 on my knowledge, the financial statements, and other financial information included in this
 report, fairly present in all material respects the financial condition, results of operations,
 changes in net assets, and cash flows (if the financial statements are required to include
 a statement of cash flows) of the Registrant as of, and for, the periods presented in this
 report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. The
 Registrant's other certifying officers and I are responsible for establishing and maintaining
 disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company
 Act of 1940, as amended) and internal control over financial reporting (as defined in Rule
 30a-3(d) under the Investment Company Act of 1940, as amended) for the Registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) designed
 such disclosure controls and procedures, or caused such disclosure controls and procedures
 to be designed under our supervision, to ensure that material information relating to the
 Registrant, including its consolidated subsidiaries, is made known to us by others within
 those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) designed
 such internal control over financial reporting, or caused such internal control over financial
 reporting to be designed under our supervision, to provide reasonable assurance regarding
 the reliability of financial reporting and the preparation of financial statements for external
 purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) evaluated
 the effectiveness of the Registrant's disclosure controls and procedures and presented
 in this report our conclusions about the effectiveness of the disclosure controls and procedures,
 as of a date within 90 days prior to the filing date of this report based on such evaluation;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) disclosed
 in this report any change in the Registrant's internal control over financial reporting
 that occurred during the period covered by this report that has materially affected, or is
 reasonably likely to materially affect, the Registrant's internal control over financial
 reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The
 Registrant's other certifying officers and I have disclosed to the Registrant's
 auditors and the audit committee of the Registrant's board of directors (or persons
 performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) all
 significant deficiencies and material weaknesses in the design or operation of internal control
 over financial reporting which are reasonably likely to adversely affect the Registrant's
 ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) any
 fraud, whether or not material, that involves management or other employees who have a significant
 role in the Registrant's internal control over financial reporting.

Date: January 7, 2026

---

| | |
|:---|:---|
| By: | /s/ Gerard K. O'Reilly |
|  | Gerard K. O'Reilly |
|  | Co-Principal Executive Officer |
|  | Dimensional Emerging Markets Value Fund |

---

CERTIFICATION PURSUANT TO SECTION 302 OF

THE SARBANES-OXLEY ACT OF 2002

I, Jan Miller, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. I
 have reviewed this report on Form N-CSR of Dimensional Emerging Markets Value Fund (the "Registrant");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Based
 on my knowledge, this report does not contain any untrue statement of a material fact or
 omit to state a material fact necessary to make the statements made, in light of the circumstances
 under which such statements were made, not misleading with respect to the period covered
 by this report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Based
 on my knowledge, the financial statements, and other financial information included in this
 report, fairly present in all material respects the financial condition, results of operations,
 changes in net assets, and cash flows (if the financial statements are required to include
 a statement of cash flows) of the Registrant as of, and for, the periods presented in this
 report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. The
 Registrant's other certifying officers and I are responsible for establishing and maintaining
 disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company
 Act of 1940, as amended) and internal control over financial reporting (as defined in Rule
 30a-3(d) under the Investment Company Act of 1940, as amended) for the Registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) designed
 such disclosure controls and procedures, or caused such disclosure controls and procedures
 to be designed under our supervision, to ensure that material information relating to the
 Registrant, including its consolidated subsidiaries, is made known to us by others within
 those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) designed
 such internal control over financial reporting, or caused such internal control over financial
 reporting to be designed under our supervision, to provide reasonable assurance regarding
 the reliability of financial reporting and the preparation of financial statements for external
 purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) evaluated
 the effectiveness of the Registrant's disclosure controls and procedures and presented
 in this report our conclusions about the effectiveness of the disclosure controls and procedures,
 as of a date within 90 days prior to the filing date of this report based on such evaluation;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) disclosed
 in this report any change in the Registrant's internal control over financial reporting
 that occurred during the period covered by this report that has materially affected, or is
 reasonably likely to materially affect, the Registrant's internal control over financial
 reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The
 Registrant's other certifying officers and I have disclosed to the Registrant's
 auditors and the audit committee of the Registrant's board of directors (or persons
 performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) all
 significant deficiencies and material weaknesses in the design or operation of internal control
 over financial reporting which are reasonably likely to adversely affect the Registrant's
 ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) any
 fraud, whether or not material, that involves management or other employees who have a significant
 role in the Registrant's internal control over financial reporting.

Date: January 7, 2026

---

| | |
|:---|:---|
| By: | /s/ Jan Miller |
|  | Jan Miller |
|  | Principal Financial Officer |
|  | Dimensional Emerging Markets Value Fund |

---

## Exhibit 99.906

**EX-99.906CERT**

CERTIFICATIONS PURSUANT TO SECTION 906 OF THE

SARBANES-OXLEY ACT OF 2002

David P. Butler and Gerard K. O'Reilly, Co-Principal Executive Officers, and Jan Miller, Principal Financial Officer, of Dimensional Emerging Markets Value Fund, a Delaware statutory trust (the "Registrant"), each certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The
 Registrant's periodic report on Form N-CSR for the period ended October 31, 2025 (the
 "Report") fully complies with the requirements of Section 13(a) or Section 15(d)
 of the Securities Exchange Act of 1934, as amended, as applicable; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The
 information contained in the Report fairly presents, in all material respects, the financial
 condition and results of operations of the Registrant.

---

| | |
|:---|:---|
| By: | /s/ David P. Butler |
|  | David P. Butler |
|  | Co-Principal Executive Officer |
|  | Dimensional Emerging Markets Value Fund |

---

Date: January 7, 2026

---

| | |
|:---|:---|
| By: | /s/ Gerard K. O'Reilly |
|  | Gerard K. O'Reilly |
|  | Co-Principal Executive Officer |
|  | Dimensional Emerging Markets Value Fund |

---

Date: January 7, 2026

---

| | |
|:---|:---|
| By: | /s/ Jan Miller |
|  | Jan Miller |
|  | Principal Financial Officer |
|  | Dimensional Emerging Markets Value Fund |

---

Date: January 7, 2026