| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| A2A SPA | 202,444 | 202,444 |
| AAREAL BANK AG | 127,553 | 127,553 |
| ACCOR SA | 402,152 | 402,152 |
| ADOBE SYS INC COM | 1,800,416 | 1,800,416 |
| AEW UK REIT PLC ORD | 90,866 | 90,866 |
| AGF MANAGEMENT LTD | 131,548 | 131,548 |
| AGREE RLTY CORP COM | 599,424 | 599,424 |
| AICHI STEEL CORP | 49,753 | 49,753 |
| AICHI TOKEI DENKI | 88,767 | 88,767 |
| AIPHONE CO LTD | 110,616 | 110,616 |
| AIR CANADA VAR VTG SHS | 83,640 | 83,640 |
| AIR FRANCE - KLM | 38,298 | 38,298 |
| AIRTEL AFRICA PLC ORD | 313,829 | 313,829 |
| AISAN INDUSTRY CO | 87,140 | 87,140 |
| ALEXANDRIA REAL ESTATE EQUITIES INC COM | 468,216 | 468,216 |
| ALINCO INC | 71,559 | 71,559 |
| ALLIANCE AVIATION | 72,436 | 72,436 |
| ALLIED PROPS REAL TRUST UNITS | 586,870 | 586,870 |
| ALPS LOGISTICS | 115,636 | 115,636 |
| ALSO HOLDING AG | 131,702 | 131,702 |
| AMERICAN HOMES 4 RENT COMMON STOCK | 455,681 | 455,681 |
| AMERICOLD RLTY TR INC COM | 851,556 | 851,556 |
| APAC REALTY LTD | 5,447 | 5,447 |
| ARCS COMPANY LTD | 57,421 | 57,421 |
| ARISAWA MFG CO | 35,998 | 35,998 |
| ARTIS REAL ESTATE TRUST UNITS | 209,535 | 209,535 |
| ASIA PILE HLDG CO | 163,345 | 163,345 |
| ASR NEDERLAND | 267,128 | 267,128 |
| ATCO LTD CLASS I COM | 67,609 | 67,609 |
| ATRESMEDIA CORP | 36,420 | 36,420 |
| ATRIA PLC | 96,944 | 96,944 |
| AUSTRALIAN PHARMAC | 61,758 | 61,758 |
| AUTONEUM HLDG AG | 111,749 | 111,749 |
| AVENTUS GROUP UNITS | 127,466 | 127,466 |
| AVJENNINGS LIMITED | 101,031 | 101,031 |
| BALL CORP COM | 8,601,917 | 8,601,917 |
| BEACH ENERGY LTD | 137,046 | 137,046 |
| BEKAERT SA | 155,785 | 155,785 |
| BELLWAY | 158,146 | 158,146 |
| BIC | 102,243 | 102,243 |
| BILIA AB | 205,252 | 205,252 |
| BONDUELLE | 66,390 | 66,390 |
| BRDR A&O JOHANSEN DKK10 PRF | 270,326 | 270,326 |
| CANADIAN PAC RY LTD COM | 7,303,444 | 7,303,444 |
| CAPITAL & COUNTIES PROPERTIES | 595,756 | 595,756 |
| CAPITALAND INTEGRATED COMMERCIAL TRUST | 406,001 | 406,001 |
| CARETECH HOLDINGS ORD | 111,563 | 111,563 |
| CDN WESTERN BANK COM | 201,164 | 201,164 |
| CHINA AVIATION OIL | 85,413 | 85,413 |
| CHINA RES CEMENT | 151,097 | 151,097 |
| CHIPOTLE MEXICAN GRILL INC COM | 2,688,809 | 2,688,809 |
| CHORUS AVIATION | 52,567 | 52,567 |
| CI FINANCIAL CORP COM | 277,472 | 277,472 |
| CINTAS CORP COM | 4,955,970 | 4,955,970 |
| CITY DEVELOPMENTS LTD | 251,245 | 251,245 |
| CLIQ DIGITAL AG | 95,502 | 95,502 |
| CLOETTA AB SER'B' | 117,488 | 117,488 |
| COFACE | 126,817 | 126,817 |
| COGECO COMMUNICATI SUB | 103,669 | 103,669 |
| COGECO INC SUB-VTG SHS | 90,030 | 90,030 |
| COMINAR REAL ESTAT TRUST | 108,279 | 108,279 |
| COMM BANCSHARES INC COM | 58 | 58 |
| COMPUTACENTER ORD | 141,892 | 141,892 |
| CONSUN PHARMACEUTI | 79,012 | 79,012 |
| COSTCO WHOLESALE CORP COM | 5,836,524 | 5,836,524 |
| COVIVIO | 857,596 | 857,596 |
| CRESCO LTD | 141,633 | 141,633 |
| CROPENERGIES AG | 87,835 | 87,835 |
| CSE GLOBAL LTD | 172,313 | 172,313 |
| CSX CORP COM | 2,957,165 | 2,957,165 |
| CVS HEALTH CORP COM | 3,568,098 | 3,568,098 |
| DAI NIPPON TORYO | 53,144 | 53,144 |
| DAITRON CO LTD | 154,490 | 154,490 |
| DANAHER CORP COM | 4,667,336 | 4,667,336 |
| DAVIDE CAMPARI MIL | 3,807,311 | 3,807,311 |
| DAWNRAYS PHARMS | 88,252 | 88,252 |
| DEERE & CO COM | 2,568,932 | 2,568,932 |
| DERWENT LONDON ORD | 523,369 | 523,369 |
| DEUTSCHE PFAND AG | 121,404 | 121,404 |
| DEVRO ORD | 113,002 | 113,002 |
| DEXUS PROPERTY GROUP | 408,282 | 408,282 |
| DFDS AS DKK20 | 144,077 | 144,077 |
| DIGITAL RLTY TR INC COM | 389,114 | 389,114 |
| DIVERSIFIED ENERGY COMPANY PLC ORD | 98,418 | 98,418 |
| DOMINOS PIZZA INC COM | 2,736,436 | 2,736,436 |
| DOUGLAS EMMETT INC COM REIT | 392,922 | 392,922 |
| DRAX GROUP ORD | 240,097 | 240,097 |
| ECONOCOM GROUP | 126,840 | 126,840 |
| ECO'S CO LTD | 102,566 | 102,566 |
| EFG INTERNATIONAL AG | 124,332 | 124,332 |
| EINHELL GERMANY AG | 175,925 | 175,925 |
| ELEMATEC CORP | 71,278 | 71,278 |
| EMAK | 164,514 | 164,514 |
| ENERFLEX LTD COM | 85,505 | 85,505 |
| ENERPLUS CORP | 148,909 | 148,909 |
| EPR PPTYS COM | 688,605 | 688,605 |
| ESPRINET | 170,171 | 170,171 |
| ESSEX PPTY TR REIT | 1,505,783 | 1,505,783 |
| EUROCELL PLC ORD | 62,020 | 62,020 |
| EUROPRIS ASA NOK1 | 231,048 | 231,048 |
| EUTELSAT COMMUNICA | 85,455 | 85,455 |
| EVN AG | 169,397 | 169,397 |
| EXEDY CORP | 60,727 | 60,727 |
| FAES FARMA SA | 73,736 | 73,736 |
| FEDERAL RLTY INVT STOCK | 599,808 | 599,808 |
| FEED ONE CO LTD | 71,101 | 71,101 |
| FERREXPO PLC ORD | 107,808 | 107,808 |
| FERRONORDIC AB | 320,107 | 320,107 |
| FINNAIR | 4,264 | 4,264 |
| FIVE BELOW INC COM | 2,927,080 | 2,927,080 |
| FJ NEXT HOLDINGS CO LTD | 144,431 | 144,431 |
| FLOOR & DECOR HLDGS INC | 686,583 | 686,583 |
| FREENET AG - ORD | 206,409 | 206,409 |
| FRONTIER R/EST INV FRONTIER | 440,224 | 440,224 |
| FUJI MACHINE MFG | 69,508 | 69,508 |
| FUJI PHARMA CO LTD | 92,752 | 92,752 |
| FUKOKU CO LTD | 38,859 | 38,859 |
| FUKUOKA REIT CORP REIT | 115,879 | 115,879 |
| FURUNO ELECTRIC CO | 112,524 | 112,524 |
| G-7 HOLDINGS INC | 126,063 | 126,063 |
| GATTACA PLC ORD | 22,453 | 22,453 |
| GECINA SA | 1,115,160 | 1,115,160 |
| GENWORTH MORTGAGE INSURANCE AUS LTD | 64,434 | 64,434 |
| GPT GROUP NPV | 724,678 | 724,678 |
| GRANDY HOUSE CORPO | 52,871 | 52,871 |
| GREENVOLT ENERGIAS COM | 491 | 491 |
| GROUPE GUILLIN | 101,700 | 101,700 |
| GUNMA BANK | 73,973 | 73,973 |
| HALFORDS GROUP ORD | 177,774 | 177,774 |
| HAMAKYOREX CO LTD | 105,916 | 105,916 |
| HAMBURGER HAFEN | 133,271 | 133,271 |
| HAMMERSON ORD | 554,395 | 554,395 |
| HARDWOODS DISTRIBU COM | 131,227 | 131,227 |
| HARIMA CHEMICALS GROUP, INC | 71,098 | 71,098 |
| HARVEY NORMAN HLDG | 105,953 | 105,953 |
| HEALTHPEAK PROPERTIES INC | 783,153 | 783,153 |
| HEIWADO CO LTD | 100,612 | 100,612 |
| HELVETIA HOLDING AG | 176,810 | 176,810 |
| HIGHWOODS PPTYS INC COM | 780,325 | 780,325 |
| HOME DEPOT INC COM | 10,063,577 | 10,063,577 |
| HORNBACH HLDG KGAA | 271,222 | 271,222 |
| HUFVUDSTADEN AB SER'A' | 366,617 | 366,617 |
| HUMANA AB | 135,702 | 135,702 |
| IA FINANCIAL CORP COM | 286,506 | 286,506 |
| ILEX MEDICAL ILS1 | 80,036 | 80,036 |
| IMM GRANDE DISTRIB | 83,402 | 83,402 |
| IMMOBEL | 82,902 | 82,902 |
| INFOTEL | 113,825 | 113,825 |
| INGHAMS GROUP LTD | 101,533 | 101,533 |
| INNOTECH CORP | 97,890 | 97,890 |
| INTERRENT REAL EST TRUST | 695,250 | 695,250 |
| INTRUM AB | 72,181 | 72,181 |
| INTUIT COM | 3,176,864 | 3,176,864 |
| INVESTEC ORD | 111,759 | 111,759 |
| INVINCIBLE INVESTMENTS CORP REIT | 515,236 | 515,236 |
| INVITATION HOMES INC COM | 1,219,646 | 1,219,646 |
| INWIDO AB | 347,362 | 347,362 |
| I-O DATA DEVICE | 64,523 | 64,523 |
| IPSEN SA | 119,008 | 119,008 |
| IREN SPA | 261,974 | 261,974 |
| JAPAN AVIATN ELECT NPV | 155,608 | 155,608 |
| JAPAN HOTEL REIT I REIT | 481,693 | 481,693 |
| JAPAN OIL TRANS | 27,479 | 27,479 |
| JMS CO LTD | 56,427 | 56,427 |
| JUNO MINERALS LTD | 2,557 | 2,557 |
| JUPITER FUND MGT ORD | 185,448 | 185,448 |
| JUPITER MINES LIMITED | 76,822 | 76,822 |
| KAMEI CORP | 71,553 | 71,553 |
| KANAMOTO CO LTD | 92,085 | 92,085 |
| KAUFMAN & BROAD SA | 113,453 | 113,453 |
| KEMIRA OYJ | 183,422 | 183,422 |
| KEPPEL PACIFIC OAK US REIT | 118,080 | 118,080 |
| KERRY PROPERTIES | 82,020 | 82,020 |
| KINDRED GROUP PLC | 143,935 | 143,935 |
| KINGBOARD HOLDINGS LTD | 146,031 | 146,031 |
| KITAGAWA CORP | 51,999 | 51,999 |
| KITANO CONST CORP | 30,234 | 30,234 |
| KITRON ASA | 198,846 | 198,846 |
| KITZ CORPORATION | 96,454 | 96,454 |
| KMD BRANDS LTD | 117,491 | 117,491 |
| KNOWIT AB | 66,359 | 66,359 |
| KYOKUTO KAIHATSU | 103,499 | 103,499 |
| LASALLE LOGIP REIT | 415,211 | 415,211 |
| LASSILA & TIKANOJA | 108,516 | 108,516 |
| LAURENTIAN BNK CDA COM | 89,044 | 89,044 |
| LEE & MAN PAPER MA | 68,825 | 68,825 |
| LEONS FURNITURE COM | 98,365 | 98,365 |
| LINAMAR CORP COMMON STOCK | 177,960 | 177,960 |
| LOGISTA HOLDINGS | 103,663 | 103,663 |
| LOOKERS | 159,606 | 159,606 |
| MAN GROUP PLC | 227,921 | 227,921 |
| MANITOU | 100,256 | 100,256 |
| MARTINREA INTL INC COM | 124,728 | 124,728 |
| MASTERCARD INC | 3,865,565 | 3,865,565 |
| MCBRIDE ORD | 76,797 | 76,797 |
| MCJ CO LTD | 93,107 | 93,107 |
| MEDIASET ESPANA | 65,902 | 65,902 |
| MELIA HOTELS INTL | 285,667 | 285,667 |
| MERLIN PROPERTIES | 930,464 | 930,464 |
| MERSEN | 81,114 | 81,114 |
| METCASH LIMITED | 206,119 | 206,119 |
| METTLER-TOLEDO INTL INC COM | 4,701,272 | 4,701,272 |
| MFC INVESCO SENIOR LOAN FUND | 6,177,768 | 6,177,768 |
| MFC ISHARES IBOXX $ HIGH YIELD ETF | 3,278,885 | 3,278,885 |
| MFC ISHARES TR JPMORGAN EMERGING MKTS BD ETF | 1,219,291 | 1,219,291 |
| MICRO FOCUS INTERNATIONAL PLC ORD | 17,547 | 17,547 |
| MICROSOFT CORP COM | 11,435,889 | 11,435,889 |
| MID-AMER APT CMNTYS INC COM | 1,308,037 | 1,308,037 |
| MIQUEL Y COSTAS | 131,990 | 131,990 |
| MITSUBISHI GAS CHM | 209,762 | 209,762 |
| MITSUBISHI HC CAP. | 242,710 | 242,710 |
| MITSUI FUDOSAN CO LTD | 942,682 | 942,682 |
| MITSUI FUDOSAN LOG REIT | 498,502 | 498,502 |
| MIYAJI ENGINEERING | 259,650 | 259,650 |
| MIZUHO LEASING CO | 127,428 | 127,428 |
| MOODYS CORP COM | 2,768,822 | 2,768,822 |
| MOUNT GIBSON IRON | 66,589 | 66,589 |
| NATIONAL STORAGE R REIT STAPLED UNIT | 220,471 | 220,471 |
| NAVIGATOR COMP | 107,050 | 107,050 |
| NICHIAS CORP | 84,312 | 84,312 |
| NIPPON SEISEN CO | 116,530 | 116,530 |
| NIPPON SODA CO LTD | 117,850 | 117,850 |
| NISSHIN GROUP HLDG | 64,280 | 64,280 |
| NISSIN CORP | 87,669 | 87,669 |
| NISSIN ELECTRIC | 97,170 | 97,170 |
| NITTO FUJI FLOUR MILLING CO | 85,797 | 85,797 |
| NITTOC CONSTRUCT | 80,568 | 80,568 |
| NOBIA AB | 90,293 | 90,293 |
| NOMURA RL EST INC | 213,774 | 213,774 |
| NSW INC | 95,787 | 95,787 |
| OKAMURA CORP | 83,757 | 83,757 |
| ONOKEN CO LTD | 125,092 | 125,092 |
| OPEN HOUSE GROUP CO LTD | 125,466 | 125,466 |
| ORDINA NV | 126,354 | 126,354 |
| OSB GROUP PLC ORD | 169,736 | 169,736 |
| OUTFRONT MEDIA INC COM | 459,883 | 459,883 |
| PACT GROUP HLDGS LTD | 97,122 | 97,122 |
| PARETO BANK ASA NOK12.00 | 131,573 | 131,573 |
| PARK HOTELS & RESORTS INC COM | 1,229,126 | 1,229,126 |
| PEAB AB | 166,497 | 166,497 |
| PEBBLEBROOK HOTEL TR COM | 757,046 | 757,046 |
| PER AARSLEFF HLDNG | 182,172 | 182,172 |
| PERENTI GLOBAL LTD | 47,816 | 47,816 |
| PHYSICIANS RLTY TR COM | 491,463 | 491,463 |
| PIZZA PIZZA RTY CO COM | 149,400 | 149,400 |
| PLASTIQUES DU VAL | 27,941 | 27,941 |
| POOL CORP COM | 3,206,390 | 3,206,390 |
| PROACT IT GROUP | 175,848 | 175,848 |
| PRODWARE | 37,509 | 37,509 |
| PROGRESS WERK AG | 32,547 | 32,547 |
| PROLOGIS INC COM | 2,203,327 | 2,203,327 |
| PUB STORAGE COM | 412,016 | 412,016 |
| QINETIQ GROUP ORD | 139,430 | 139,430 |
| RAMI LEVI CHAIN ILS0.01 | 78,331 | 78,331 |
| RAYSUM CO LTD | 38,119 | 38,119 |
| REDROW PLC ORD | 165,426 | 165,426 |
| REGIS RESOURCES LT | 46,077 | 46,077 |
| REPUBLIC SVCS INC COM | 5,608,121 | 5,608,121 |
| RHEINMETALL AG | 160,575 | 160,575 |
| RIKEN TECHNOS CORP | 199,592 | 199,592 |
| RION CO LTD | 45,011 | 45,011 |
| RM ORD | 56,262 | 56,262 |
| ROTTNEROS AB | 42,238 | 42,238 |
| ROYAL MAIL PLC ORD | 231,649 | 231,649 |
| RUBIS EUR1.25 | 128,410 | 128,410 |
| SAINSBURY ORD | 203,589 | 203,589 |
| SAKAI HEAVY INDS | 50,679 | 50,679 |
| SANDFIRE RESOURCES LTD | 177,486 | 177,486 |
| SANFORD | 52,797 | 52,797 |
| SAWAI GROUP HOLDINGS CO LTD | 64,882 | 64,882 |
| SEINO HOLDINGS | 143,659 | 143,659 |
| SHAFTESBURY PLC ORD | 549,921 | 549,921 |
| SHERWIN-WILLIAMS CO COM | 12,694,662 | 12,694,662 |
| SHIBAURA MECHATRON | 276,540 | 276,540 |
| SHINWA | 88,119 | 88,119 |
| SIEVI CAPITAL OYJ | 124,196 | 124,196 |
| SIGNIFY | 236,513 | 236,513 |
| SIMON PROPERTY GROUP INC COM | 1,793,258 | 1,793,258 |
| SMARTGROUP CORPORATION LIMITED | 98,606 | 98,606 |
| SMURFIT KAPPA GROUP PLC | 93,646 | 93,646 |
| SPAREBANK 1 NORD-NORGE GRUNNFONDSBEVIS | 201,749 | 201,749 |
| SPAREBANK 1 SR BK NOK25 | 226,574 | 226,574 |
| SPEEDY HIRE ORD | 99,612 | 99,612 |
| ST BARBARA LIMITED | 69,127 | 69,127 |
| STHREE PLC ORD | 86,728 | 86,728 |
| STINGRAY GROUP INC COM | 118,806 | 118,806 |
| STO SE & CO. KGAA PRF | 175,925 | 175,925 |
| SUBARU ENTERPRISE | 84,971 | 84,971 |
| SUN COMMUNITIES INC COM | 851,428 | 851,428 |
| SUN HUNG KAI PROP | 810,185 | 810,185 |
| SUPER RETAIL GROUP LTD G | 183,899 | 183,899 |
| SWIRE PROPERTIES LTD | 583,080 | 583,080 |
| SYDBANK | 158,098 | 158,098 |
| TACHIBANA ELETECH | 52,831 | 52,831 |
| TARGET CORP COM STK | 3,535,940 | 3,535,940 |
| TASSAL GROUP | 98,451 | 98,451 |
| TATE & LYLE ORD | 129,000 | 129,000 |
| TATSUTA ELEC WIRE | 70,566 | 70,566 |
| TELEKOM AUSTRIA AG | 122,183 | 122,183 |
| TELENET GRP HLDG | 113,022 | 113,022 |
| TERASAKI ELECTRIC | 41,942 | 41,942 |
| TESSENDERLO GROUP | 94,814 | 94,814 |
| TETHYS OIL AB | 101,151 | 101,151 |
| TEXAS INSTRUMENTS INC COM | 2,651,961 | 2,651,961 |
| THERMO FISHER CORP | 3,923,371 | 3,923,371 |
| TOKYO SEIMITSU CO | 186,010 | 186,010 |
| TOMOKU CO LTD | 45,028 | 45,028 |
| TOSEI CORPORATION | 113,143 | 113,143 |
| TOWA PHARMACEUTICAL CO. LTD | 99,483 | 99,483 |
| TOYO CONSTRUCTION | 152,875 | 152,875 |
| TOYO MACHINY&METAL | 68,591 | 68,591 |
| TP ICAP GROUP PLC ORD | 45,501 | 45,501 |
| TRACTOR SUPPLY CO COM | 3,006,121 | 3,006,121 |
| TRITAX EUROBOX PLC | 506,631 | 506,631 |
| UBE CORPORATION COM | 90,223 | 90,223 |
| UBM DEVELOPMENT AG | 88,633 | 88,633 |
| UDR INC COM STK | 887,852 | 887,852 |
| UNIBAIL-RODAMCO-WESTFIELD | 827,998 | 827,998 |
| UNION PAC CORP COM | 6,613,414 | 6,613,414 |
| UNITE GROUP ORD | 558,960 | 558,960 |
| UNITED LABORATORIE | 104,019 | 104,019 |
| VALIANT HOLDING AG | 130,264 | 130,264 |
| VERTU MOTORS PLC ORD | 171,556 | 171,556 |
| VETROPACK HOLDING SA -A | 126,434 | 126,434 |
| VICI PPTYS INC COM | 994,714 | 994,714 |
| VIENNA INS GRP AG | 141,581 | 141,581 |
| VONOVIA SE | 485,357 | 485,357 |
| VONTOBEL HLDG AG | 113,999 | 113,999 |
| VSTECS HOLDINGS LT | 108,764 | 108,764 |
| W P CAREY INC COM | 557,940 | 557,940 |
| WATCHES OF SWITZER ORD | 3,616,090 | 3,616,090 |
| WELLTOWER INC COM REIT | 1,378,410 | 1,378,410 |
| WERELDHAVE | 119,361 | 119,361 |
| WESTSHORE TERM INV COM | 165,615 | 165,615 |
| WHARF REAL ESTATE | 827,413 | 827,413 |
| WINCANTON ORD | 119,127 | 119,127 |
| WUSTENROT & WURTTE | 90,373 | 90,373 |
| YAMABIKO CORPO | 61,675 | 61,675 |
| YAMAGUCHI FINANCIA | 58,443 | 58,443 |
| YAMAYA CORPORATION | 4,250 | 4,250 |
| YUASA TRADING CO | 90,543 | 90,543 |
| YUSHIRO CHEMICAL | 32,153 | 32,153 |
| ZEHNDER GROUP | 235,011 | 235,011 |