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        <invCountry>IN</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ASM International NV</name>
        <lei>7245001I22ND6ZFHX623</lei>
        <title>ASM International NV</title>
        <cusip>000000000</cusip>
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          <isin value="NL0000334118"/>
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        <balance>8821.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LG Chem Ltd</name>
        <lei>988400IES4EIG7O06940</lei>
        <title>LG Chem Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="KR7051911006"/>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Globant SA</name>
        <lei>2221008DCMSPYS42DS88</lei>
        <title>Globant SA</title>
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          <isin value="LU0974299876"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>State Street Global Advisors</name>
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          <isin value="US8574927062"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sungrow Power Supply Co Ltd</name>
        <lei>30030052IWC7RGVFG505</lei>
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          <isin value="CNE1000018M7"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Godrej Properties Ltd</name>
        <lei>335800KM3Y5NZWXOE183</lei>
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          <isin value="INE484J01027"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IN</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bank Rakyat Indonesia Persero Tbk PT</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wuxi Biologics Cayman Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bank Central Asia Tbk PT</name>
        <lei>254900BR956G2OHVOM21</lei>
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        <cusip>000000000</cusip>
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          <isin value="ID1000109507"/>
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        <assetCat>EC</assetCat>
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        <invCountry>ID</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kasikornbank PCL</name>
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        <assetCat>EC</assetCat>
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        <invCountry>TH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Power Grid Corp of India Ltd</name>
        <lei>3358009SHWZ3DZEQ4Z56</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>IN</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BHP Group Ltd</name>
        <lei>WZE1WSENV6JSZFK0JC28</lei>
        <title>BHP Group Ltd</title>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Chroma ATE Inc</name>
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        <title>Chroma ATE Inc</title>
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        <invCountry>TW</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dino Polska SA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Exent Technologies Ltd.</name>
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      <invstOrSec>
        <name>Maruti Suzuki India Ltd</name>
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        <name>LUKOIL PJSC</name>
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        <name>Zhongsheng Group Holdings Ltd</name>
        <lei>3003005VYMEBAJNJ2Y26</lei>
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      <invstOrSec>
        <name>Samsung Engineering Co Ltd</name>
        <lei>988400HDAY5KIVHGZ188</lei>
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        <name>Grupo Financiero Banorte SAB de CV</name>
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        <name>Kotak Mahindra Bank Ltd</name>
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        <title>Kotak Mahindra Bank Ltd</title>
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        <invCountry>IN</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NARI Technology Co Ltd</name>
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        <title>NARI Technology Co Ltd</title>
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        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hangzhou Tigermed Consulting Co Ltd</name>
        <lei>300300CP4N8WDF6DOO67</lei>
        <title>Hangzhou Tigermed Consulting Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000040M1"/>
        </identifiers>
        <balance>195200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83330000"/>
        <valUSD>2354218.11000000</valUSD>
        <pctVal>0.627498629956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Info Edge India Ltd</name>
        <lei>335800MXUVHTBF9DEC78</lei>
        <title>Info Edge India Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE663F01024"/>
        </identifiers>
        <balance>43000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.77500000"/>
        <valUSD>2542030.64000000</valUSD>
        <pctVal>0.677558607306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GDS Holdings Ltd</name>
        <lei>391200MGV8DDCHTN2R77</lei>
        <title>GDS Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG3902L1095"/>
        </identifiers>
        <balance>346300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83330000"/>
        <valUSD>1676467.16000000</valUSD>
        <pctVal>0.446849355885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vietnam Technological &amp; Commercial Joint Stock Bank</name>
        <lei>5493001XNKHV3FNIUD50</lei>
        <title>Vietnam Technological &amp; Commercial Joint Stock Bank</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000TCB8"/>
        </identifiers>
        <balance>1225000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="22840.50000000"/>
        <valUSD>2642907.63000000</valUSD>
        <pctVal>0.704446588819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PTT Exploration &amp; Production PCL</name>
        <lei>2549001O8YYGP5N7Q076</lei>
        <title>PTT Exploration &amp; Production PCL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TH0355A10Z12"/>
        </identifiers>
        <balance>910300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="33.25000000"/>
        <valUSD>3922147.33000000</valUSD>
        <pctVal>1.045418037355</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mondi PLC</name>
        <lei>213800LOZA69QFDC9N34</lei>
        <title>Mondi PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00B1CRLC47"/>
        </identifiers>
        <balance>298130.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.61250000"/>
        <valUSD>5923943.15000000</valUSD>
        <pctVal>1.578981231507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JD.com Inc</name>
        <lei>549300HVTWB0GJZ16V92</lei>
        <title>JD.com Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG8208B1014"/>
        </identifiers>
        <balance>92661.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83330000"/>
        <valUSD>2632950.30000000</valUSD>
        <pctVal>0.701792539516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WEG SA</name>
        <lei>N/A</lei>
        <title>WEG SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRWEGEACNOR0"/>
        </identifiers>
        <balance>367500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.76105000"/>
        <valUSD>2691575.39000000</valUSD>
        <pctVal>0.717418603856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Li Ning Co Ltd</name>
        <lei>529900T77L2FV3FZ3U81</lei>
        <title>Li Ning Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG5496K1242"/>
        </identifiers>
        <balance>306500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83330000"/>
        <valUSD>2602598.70000000</valUSD>
        <pctVal>0.693702555272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fomento Economico Mexicano SAB de CV</name>
        <lei>549300A8MDWDJNMLV153</lei>
        <title>Fomento Economico Mexicano SAB de CV</title>
        <cusip>344419106</cusip>
        <identifiers>
          <isin value="US3444191064"/>
        </identifiers>
        <balance>59990.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4970171.50000000</valUSD>
        <pctVal>1.324760774565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Foshan Haitian Flavouring &amp; Food Co Ltd</name>
        <lei>N/A</lei>
        <title>Foshan Haitian Flavouring &amp; Food Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001SL2"/>
        </identifiers>
        <balance>329699.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.34310000"/>
        <valUSD>4528108.39000000</valUSD>
        <pctVal>1.206932271462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Delta Electronics Inc</name>
        <lei>529900UVZWNWGDLJSM52</lei>
        <title>Delta Electronics Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002308004"/>
        </identifiers>
        <balance>279000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="28.65150000"/>
        <valUSD>2586810.97000000</valUSD>
        <pctVal>0.689494457941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prosus NV</name>
        <lei>635400Z5LQ5F9OLVT688</lei>
        <title>Prosus NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0013654783"/>
        </identifiers>
        <balance>39907.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.90395500"/>
        <valUSD>2152097.18000000</valUSD>
        <pctVal>0.573624859246</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Centre Testing International Group Co Ltd</name>
        <lei>N/A</lei>
        <title>Centre Testing International Group Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100000GV8"/>
        </identifiers>
        <balance>545000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.34310000"/>
        <valUSD>1685185.01000000</valUSD>
        <pctVal>0.449173031379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samsung SDI Co Ltd</name>
        <lei>9884002AESDO4YW87G32</lei>
        <title>Samsung SDI Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7006400006"/>
        </identifiers>
        <balance>9147.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1212.05000000"/>
        <valUSD>4451750.24000000</valUSD>
        <pctVal>1.186579597125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>B3 SA - Brasil Bolsa Balcao</name>
        <lei>4GTK5S46E6H318LMDS44</lei>
        <title>B3 SA - Brasil Bolsa Balcao</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRB3SAACNOR6"/>
        </identifiers>
        <balance>1880479.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.76105000"/>
        <valUSD>6205002.07000000</valUSD>
        <pctVal>1.653895312954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMERGING MARKETS VENTURES LP</name>
        <lei>N/A</lei>
        <title>EMERGING MARKETS VENTURES LP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="923UHE901"/>
        </identifiers>
        <balance>11723413.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1758.51000000</valUSD>
        <pctVal>0.000468717240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Anglo American Platinum Ltd</name>
        <lei>529900RORCZ0E5S5FX81</lei>
        <title>Anglo American Platinum Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAE000013181"/>
        </identifiers>
        <balance>68762.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="14.61250000"/>
        <valUSD>9442075.50000000</valUSD>
        <pctVal>2.516712200551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Accton Technology Corp</name>
        <lei>529900M1YRZ0GWMDF920</lei>
        <title>Accton Technology Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002345006"/>
        </identifiers>
        <balance>266000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="28.65150000"/>
        <valUSD>2045276.94000000</valUSD>
        <pctVal>0.545152750410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Vanke Co Ltd</name>
        <lei>529900E66UJ2DWY7KW55</lei>
        <title>China Vanke Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001SR9"/>
        </identifiers>
        <balance>496200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83330000"/>
        <valUSD>1116091.21000000</valUSD>
        <pctVal>0.297485480298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Estun Automation Co Ltd</name>
        <lei>N/A</lei>
        <title>Estun Automation Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100001X35"/>
        </identifiers>
        <balance>687299.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.34310000"/>
        <valUSD>2162848.50000000</valUSD>
        <pctVal>0.576490540442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shenzhou International Group Holdings Ltd</name>
        <lei>529900B4W41TCUKJFM73</lei>
        <title>Shenzhou International Group Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG8087W1015"/>
        </identifiers>
        <balance>345000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83330000"/>
        <valUSD>4554696.84000000</valUSD>
        <pctVal>1.214019217177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Housing Development Finance Corp Ltd</name>
        <lei>335800OX2H9AP7NHLT64</lei>
        <title>Housing Development Finance Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE001A01036"/>
        </identifiers>
        <balance>356516.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.77500000"/>
        <valUSD>11121918.99000000</valUSD>
        <pctVal>2.964461491086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sberbank of Russia PJSC</name>
        <lei>549300WE6TAF5EEWQS81</lei>
        <title>Sberbank of Russia PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU0009029540"/>
        </identifiers>
        <balance>364420.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="81.25000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Novatek PJSC</name>
        <lei>2138008R6GCRVBDFA581</lei>
        <title>Novatek PJSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="RU000A0DKVS5"/>
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        <balance>314849.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="RUB" exchangeRt="81.25000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alibaba Group Holding Ltd</name>
        <lei>5493001NTNQJDH60PM02</lei>
        <title>Alibaba Group Holding Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG017191142"/>
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        <balance>1091300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83330000"/>
        <valUSD>14892656.09000000</valUSD>
        <pctVal>3.969522302625</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Raia Drogasil SA</name>
        <lei>N/A</lei>
        <title>Raia Drogasil SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRRADLACNOR0"/>
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        <balance>592592.00000000</balance>
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        <currencyConditional curCd="BRL" exchangeRt="4.76105000"/>
        <valUSD>2979731.88000000</valUSD>
        <pctVal>0.794224487695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FPT Corp</name>
        <lei>N/A</lei>
        <title>FPT Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000FPT1"/>
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        <balance>1310000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="22840.50000000"/>
        <valUSD>6121686.41000000</valUSD>
        <pctVal>1.631688168136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SBI Life Insurance Co Ltd</name>
        <lei>335800WMVIESQUO95586</lei>
        <title>SBI Life Insurance Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE123W01016"/>
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        <balance>430283.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.77500000"/>
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        <pctVal>1.686021319111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Taiwan Semiconductor Manufacturing Co Ltd</name>
        <lei>549300KB6NK5SBD14S87</lei>
        <title>Taiwan Semiconductor Manufacturing Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0002330008"/>
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        <balance>1619000.00000000</balance>
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        <currencyConditional curCd="TWD" exchangeRt="28.65150000"/>
        <valUSD>33211377.56000000</valUSD>
        <pctVal>8.852235835476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rumo SA</name>
        <lei>N/A</lei>
        <title>Rumo SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRRAILACNOR9"/>
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        <balance>853550.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.76105000"/>
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        <pctVal>0.886413218721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UltraTech Cement Ltd</name>
        <lei>335800PC9O9B4BQHG814</lei>
        <title>UltraTech Cement Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE481G01011"/>
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        <balance>48369.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="75.77500000"/>
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        <pctVal>1.117153959445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Credicorp Ltd</name>
        <lei>529900UYAEYQCQ2BKB17</lei>
        <title>Credicorp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG2519Y1084"/>
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        <balance>15157.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2605033.59000000</valUSD>
        <pctVal>0.694351556371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Banco Santander Chile</name>
        <lei>3YJP8HORPAEXJ80D6368</lei>
        <title>Banco Santander Chile</title>
        <cusip>05965X109</cusip>
        <identifiers>
          <isin value="US05965X1090"/>
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        <balance>81129.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1832704.11000000</valUSD>
        <pctVal>0.488493106588</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LUKOIL PJSC</name>
        <lei>549300LCJ1UJXHYBWI24</lei>
        <title>LUKOIL PJSC</title>
        <cusip>69343P105</cusip>
        <identifiers>
          <isin value="US69343P1057"/>
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        <balance>79154.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.08000000</valUSD>
        <pctVal>0.000000021323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
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      <invstOrSec>
        <name>TOTVS SA</name>
        <lei>N/A</lei>
        <title>TOTVS SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BRTOTSACNOR8"/>
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        <balance>445100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="4.76105000"/>
        <valUSD>3401085.47000000</valUSD>
        <pctVal>0.906533028407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Globalwafers Co Ltd</name>
        <lei>529900V6RTNF3U5EGX67</lei>
        <title>Globalwafers Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TW0006488000"/>
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        <balance>166000.00000000</balance>
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        <currencyConditional curCd="TWD" exchangeRt="28.65150000"/>
        <valUSD>3863647.81000000</valUSD>
        <pctVal>1.029825442728</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MercadoLibre Inc</name>
        <lei>549300DKPDN9M5S8GB14</lei>
        <title>MercadoLibre Inc</title>
        <cusip>58733R102</cusip>
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          <isin value="US58733R1023"/>
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        <balance>2670.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3175911.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sands China Ltd</name>
        <lei>549300EVO6UZDGY05787</lei>
        <title>Sands China Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG7800X1079"/>
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        <balance>1538800.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.83330000"/>
        <valUSD>3660771.08000000</valUSD>
        <pctVal>0.975750219373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>China Merchants Bank Co Ltd</name>
        <lei>549300MKO5B60FFIHF58</lei>
        <title>China Merchants Bank Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE1000002M1"/>
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        <balance>1380000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.83330000"/>
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        <pctVal>2.863330696165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Exent Technologies Ltd.</name>
        <lei>N/A</lei>
        <title>EXENT TECHNOLOGIES LTD</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Identifier" value="928EDF903"/>
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        <balance>108960.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>0.11000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AIA Group Ltd</name>
        <lei>ZP5ILWVSYE4LJGMMVD57</lei>
        <title>AIA Group Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="HK0000069689"/>
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        <balance>513800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hon Hai Precision Industry Co Ltd</name>
        <lei>30030004CM3GSZXX7O56</lei>
        <title>Hon Hai Precision Industry Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="TW0002317005"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tencent Holdings Ltd</name>
        <lei>254900N4SLUMW4XUYY11</lei>
        <title>Tencent Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG875721634"/>
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        <balance>463300.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.83330000"/>
        <valUSD>21355509.17000000</valUSD>
        <pctVal>5.692145808104</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sepatu Bata Tbk PT</name>
        <lei>254900DMPQR6XE1E1K57</lei>
        <title>Sepatu Bata Tbk PT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ID1000129109"/>
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        <balance>37201600.00000000</balance>
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        <valUSD>1170765.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Allegro.eu SA</name>
        <lei>222100VRLXV3FPMG4982</lei>
        <title>Allegro.eu SA</title>
        <cusip>000000000</cusip>
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          <isin value="LU2237380790"/>
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        <balance>358589.00000000</balance>
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        <currencyConditional curCd="PLN" exchangeRt="4.20175000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Exent Technologies Ltd.</name>
        <lei>N/A</lei>
        <title>EXENT TECHNOLOGIES LTD</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Identifier" value="928EDH909"/>
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        <balance>93456.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Samsung Electronics Co Ltd</name>
        <lei>9884007ER46L6N7EI764</lei>
        <title>Samsung Electronics Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR7005931001"/>
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        <balance>596331.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1212.05000000"/>
        <valUSD>30899137.87000000</valUSD>
        <pctVal>8.235926228714</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yunnan Energy New Material Co Ltd</name>
        <lei>N/A</lei>
        <title>Yunnan Energy New Material Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CNE100002BR3"/>
        </identifiers>
        <balance>95368.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="6.34310000"/>
        <valUSD>3289645.57000000</valUSD>
        <pctVal>0.876829584926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Resources Land Ltd</name>
        <lei>5299001HL0TU7X15HK51</lei>
        <title>China Resources Land Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG2108Y1052"/>
        </identifiers>
        <balance>1015500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83330000"/>
        <valUSD>4701912.92000000</valUSD>
        <pctVal>1.253258524748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-04-29</ncom:dateSigned>
      <ncom:nameOfApplicant>Aberdeen Emerging Markets Equity Income Fund, Inc.</ncom:nameOfApplicant>
      <ncom:signature>Sharon Ferrari</ncom:signature>
      <ncom:signerName>Sharon Ferrari</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
