<SEC-DOCUMENT>0001145549-25-044390.txt : 20250627
<SEC-HEADER>0001145549-25-044390.hdr.sgml : 20250627
<ACCEPTANCE-DATETIME>20250627161641
ACCESSION NUMBER:		0001145549-25-044390
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20250430
FILED AS OF DATE:		20250627
DATE AS OF CHANGE:		20250627
PERIOD START:           	20250731

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MEXICO EQUITY & INCOME FUND INC
		CENTRAL INDEX KEY:			0000863900
		ORGANIZATION NAME:           	
		EIN:				133576061
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		NPORT-P
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06111
		FILM NUMBER:		251086543

	BUSINESS ADDRESS:	
		STREET 1:		U.S. BANCORP FUND SERVICES, LLC
		STREET 2:		615 EAST MICHIGAN STREET, LC-2
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
		BUSINESS PHONE:		4147654499

	MAIL ADDRESS:	
		STREET 1:		U.S. BANCORP FUND SERVICES, LLC
		STREET 2:		615 EAST MICHIGAN STREET, LC-2
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MEXICO CONVERTIBLE ADVANTAGE FUND INC
		DATE OF NAME CHANGE:	19900807

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MEXICO ADVANTAGE FUND INC
		DATE OF NAME CHANGE:	19900805
</SEC-HEADER>
<DOCUMENT>
<TYPE>NPORT-P
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
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          <ccc>XXXXXXXX</ccc>
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    <genInfo>
      <regName>Mexico Equity &amp; Income Fund Inc</regName>
      <regFileNumber>811-06111</regFileNumber>
      <regCik>0000863900</regCik>
      <regLei>549300Q0OD8MQEFTBY23</regLei>
      <regStreet1>615 E. Michigan St.</regStreet1>
      <regCity>Milwaukee</regCity>
      <regStateConditional regCountry="US" regState="US-WI"/>
      <regZipOrPostalCode>53202</regZipOrPostalCode>
      <regPhone>8777850376</regPhone>
      <seriesName>Mexico Equity and Income Fund</seriesName>
      <seriesLei>549300Q0OD8MQEFTBY23</seriesLei>
      <repPdEnd>2025-07-31</repPdEnd>
      <repPdDate>2025-04-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
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      <totAssets>55588367.480000000000</totAssets>
      <totLiabs>303018.780000000000</totLiabs>
      <netAssets>55285348.700000000000</netAssets>
      <assetsAttrMiscSec>0.000000000000</assetsAttrMiscSec>
      <assetsInvested>0.000000000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.000000000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.000000000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.000000000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.000000000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.000000000000</amtPayAftOneYrBanksBorr>
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      <liquidPref>0.000000000000</liquidPref>
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      <isNonCashCollateral>N</isNonCashCollateral>
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        <monthlyTotReturns>
          <monthlyTotReturn rtn1="5.77" rtn2="-0.91" rtn3="8.60"/>
        </monthlyTotReturns>
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        <othMon2 netRealizedGain="-1088345.040000000000" netUnrealizedAppr="844313.120000000000"/>
        <othMon3 netRealizedGain="-2620328.520000000000" netUnrealizedAppr="7319786.410000000000"/>
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      <mon2Flow redemption=".000000000000" reinvestment=".000000000000" sales=".000000000000"/>
      <mon3Flow redemption=".000000000000" reinvestment=".000000000000" sales=".000000000000"/>


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          <indexIdentifier>N/A</indexIdentifier>

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          <other otherDesc="USER DEFINED" value="ADM122319"/>
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      <invstOrSec>
        <name>Prologis Property Mexico SA de</name>
        <lei>N/A</lei>
        <title>Prologis Property Mexico SA de CV</title>
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          <isin value="MXCFFI170008"/>
          <ticker value="FIBRAPL"/>
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        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>El Puerto de Liverpool SAB de</name>
        <lei>4469000001BO4JEXZL32</lei>
        <title>El Puerto de Liverpool SAB de CV</title>
        <cusip>P36918137</cusip>
        <identifiers>
          <isin value="MXP369181377"/>
          <ticker value="LIVEPOLC"/>
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        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Grupo Aeroportuario del Centro</name>
        <lei>529900HUSBARAFSXJ605</lei>
        <title>Grupo Aeroportuario del Centro Norte SAB de CV</title>
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          <isin value="MX01OM000018"/>
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      <invstOrSec>
        <name>Fomento Economico Mexicano SAB</name>
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          <isLoanByFund>N</isLoanByFund>
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        <name>PINFRA</name>
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          <isin value="MX01PI000005"/>
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        <name>Grupo Comercial Chedraui SA de</name>
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        <name>Grupe SAB de CV</name>
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        <name>Grupo Mexico SAB de CV</name>
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        <name>Scotiabankinverlat - Scotia Gu</name>
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        <name>Grupo Bimbo SAB de CV</name>
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        <name>Controladora Alpek SAB de CV</name>
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        <name>Wal-Mart de Mexico SAB de CV</name>
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      </invstOrSec>
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        <name>MSILF Government Portfolio</name>
        <lei>549300BI6Y5SI6BYPB26</lei>
        <title>MSILF Government Portfolio</title>
        <cusip>61747C707</cusip>
        <identifiers>
          <isin value="US61747C7074"/>
          <ticker value="MVRXX"/>
        </identifiers>
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        <curCd>USD</curCd>
        <valUSD>151726.110000000000</valUSD>
        <pctVal>0.2744418070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>La Comer SAB de CV</name>
        <lei>N/A</lei>
        <title>La Comer SAB de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX01LA050010"/>
          <ticker value="LACOMUBC"/>
        </identifiers>
        <balance>350578.000000000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="19.610500000000"/>
        <valUSD>661987.370000000000</valUSD>
        <pctVal>1.1974010937</pctVal>
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        <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>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Nemak, S.A.B. de C.V. <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)(b)</sup></div>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
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          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 76%;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%;" valign="bottom">
            <div style="color: #000000;">Arca Continental, S.A.B. de C.V.</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div style="color: #000000;">214,520</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%;" valign="bottom">
            <div style="color: #000000;">Coca-Cola FEMSA, S.A.B. de C.V.</div>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div style="color: #000000;">211,400</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Fomento Economico Mexicano, S.A.B. de C.V. - Series UBD</div>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">514,525</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td style="vertical-align: bottom; width: 76%;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000; font-weight: bold;">Building Materials - 5.9%</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%;" valign="bottom">
            <div style="color: #000000;">Cemex, S.A.B. de C.V.</div>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div style="color: #000000;">2,497,261</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Grupo Cementos de Chihuahua, S.A.B. de C.V.</div>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">204,551</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 76%;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Controladora Alpek SAB de CV <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)</sup></div>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">0</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom">
            <div><font style="color: #000000;">0</font></div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">
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        <tr>
          <td style="vertical-align: bottom; width: 76%;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td style="vertical-align: bottom; width: 76%;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
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            <div style="color: #000000; font-weight: bold;">Construction and Infrastructure - 1.9%</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Promotora y Operadora de Infraestructura, S.A.B. de C.V.</div>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td style="vertical-align: bottom; width: 76%;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <div style="color: #000000; font-weight: bold;">Financial Groups - 5.3%</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Grupo Financiero Banorte, S.A.B. de C.V. - Series O</div>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">339,854</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 76%;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
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            <div style="color: #000000; font-weight: bold;">Food - 4.1%</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Grupo Bimbo, S.A.B. de C.V. - Series A</div>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">755,118</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 76%;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000; font-weight: bold;">GICS~Chemicals - 1.3%</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Alpek, S.A.B. de C.V.</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">1,447,133</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 76%;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000; font-weight: bold;">GICS~Industrial Conglomerates - 1.9%</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">1,402,311</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 76%;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000; font-weight: bold;">GICS~Media - 2.8%</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Megacable Holdings, S.A.B. de C.V. - Series A</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">627,456</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
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            <div style="color: #000000;">Grupe, S.A.B. de C.V. <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)(e)</sup></div>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">200,591</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 76%;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <div style="color: #000000; font-weight: bold;">Mining - 3.8%</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Grupo Mexico, S.A.B. de C.V. - Series B</div>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">401,274</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 76%;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000; font-weight: bold;">Railroads - 1.4%</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Grupo Traxion S.A.B. de C.V. <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)(b)</sup></div>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">893,634</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 76%;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000; font-weight: bold;">Real Estate Services - 3.6%</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Corporacion Inmobiliaria Vesta, S.A.B. de C.V.</div>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">724,479</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 76%;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000; font-weight: bold;">Retail - 13.7%</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%;" valign="bottom">
            <div style="color: #000000;">El Puerto de Liverpool, S.A.B. de C.V. - Series C1</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div style="color: #000000;">249,674</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 9.35pt;"></font>1,146,103</font></div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%;" valign="bottom">
            <div style="color: #000000;">Grupo Comercial Chedraui, S.A. de C.V.</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div style="color: #000000;">321,158</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 9.35pt;"></font>2,077,075</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%;" valign="bottom">
            <div style="color: #000000;">La Comer S.A.B. de C.V. - Series UBC</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div style="color: #000000;">350,578</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 19.35pt;"></font>661,987</font></div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Wal-Mart de Mexico, S.A.B. de C.V.</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">1,166,180</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 9.35pt;"></font>3,695,882</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 9.35pt;"></font>7,581,047</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000;"><font style="font-weight: bold;">TOTAL</font> <font style="font-weight: bold;">COMMON STOCKS</font> (Cost $42,736,285)</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; border-bottom: #000000 solid 2px;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 2.7pt;"></font>48,264,153</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 76%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="color: #000000; font-weight: bold;">EXCHANGE TRADED FUNDS - 5.1%</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="text-align: right; color: #000000; font-weight: bold;">Shares</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="text-align: right; color: #000000; font-weight: bold;">Value</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">iShares USD Treasury Bond 0-1yr UCITS ETF <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)</sup></div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">19,300</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 9.35pt;"></font>2,811,038</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000;"><font style="font-weight: bold;">TOTAL</font> <font style="font-weight: bold;">EXCHANGE TRADED FUNDS</font> (Cost $2,757,954)</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; border-bottom: #000000 solid 2px;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;">2,811,038</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 76%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="color: #000000; font-weight: bold;">REAL ESTATE INVESTMENT TRUSTS - COMMON - 3.3%</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="text-align: right; color: #000000; font-weight: bold;">Shares</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="text-align: right; color: #000000; font-weight: bold;">Value </div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000; font-weight: bold;">REITS - 3.3%</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Prologis Property Mexico, S.A. de C.V.</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">520,333</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 9.35pt;"></font>1,853,357</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000;"><font style="font-weight: bold;">TOTAL</font> <font style="font-weight: bold;">REAL ESTATE INVESTMENT TRUSTS - COMMON</font> (Cost $1,763,965)</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; border-bottom: #000000 solid 2px;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 9.35pt;"></font>1,853,357</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 76%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="color: #000000; font-weight: bold;">CAPITAL DEVELOPMENT CERTIFICATES - 1.5%</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="text-align: right; color: #000000; font-weight: bold;">Shares</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="text-align: right; color: #000000; font-weight: bold;">Value</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Atlas Discovery Trust II <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)(e)</sup></div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">300,000</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 19.35pt;"></font>823,727</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000;"><font style="font-weight: bold;">TOTAL</font> <font style="font-weight: bold;">CAPITAL DEVELOPMENT CERTIFICATES</font> (Cost $2,148)</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; border-bottom: #000000 solid 2px;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;">823,727</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 76%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="color: #000000; font-weight: bold;">MEXICAN MUTUAL FUNDS - 0.7%</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="text-align: right; color: #000000; font-weight: bold;">Shares</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="text-align: right; color: #000000; font-weight: bold;">Value</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Scotiabankinverlat - Scotia Gubernamental, S.A. de C.V. S.I.I.D. - Series E1 MXN ACC <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(a)</sup></div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">1,418,119</div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 19.35pt;"></font>396,637</font></div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000;"><font style="font-weight: bold;">TOTAL</font> <font style="font-weight: bold;">MEXICAN MUTUAL FUNDS</font> (Cost $392,410)</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; border-bottom: #000000 solid 2px;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;">396,637</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 76%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="color: #000000; font-weight: bold;">SHORT-TERM INVESTMENTS - 0.3%</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div style="text-align: right; color: #000000; font-weight: bold;">Value </div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000; font-weight: bold;">Money Market Funds - 0.3%</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;" valign="bottom">
            <div style="text-align: right; color: #000000; font-weight: bold;"><u>Shares</u></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Class Institutional, 4.22% <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(f)</sup></div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 2px;" valign="bottom">
            <div style="color: #000000;">151,726</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 19.35pt;"></font>151,726</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000;"><font style="font-weight: bold;">TOTAL SHORT-TERM INVESTMENTS</font> (Cost $151,726)</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; border-bottom: #000000 solid 2px;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 19.35pt;"></font>151,726</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 76%;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000;"><font style="font-weight: bold;">TOTAL INVESTMENTS - 98.2% (</font>Cost $47,804,488<font style="font-weight: bold;">)</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 2.7pt;"></font>54,300,638</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000;">Other Assets in Excess of Liabilities - 1.8%</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; border-bottom: #000000 solid 2px;" valign="bottom">
            <div style="color: #000000;">984,711</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 76%; padding-bottom: 4px;" valign="bottom">
            <div style="color: #000000; font-weight: bold;">TOTAL NET ASSETS - 100.0%</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; padding-bottom: 4px;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;" valign="bottom">
            <div><font style="color: #000000;">$</font></div>
          </td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;" valign="bottom">
            <div><font style="color: #000000;">55,285,349</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #FFFFFF;">two</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">
            <div style="color: #FFFFFF;">&#8211;</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">
            <div style="color: #FFFFFF;">%</div>
          </td>
        </tr>
        <tr>
          <td colspan="4" style="vertical-align: bottom;" valign="bottom">
            <div style="color: #000000;">Percentages are stated as a percent of net assets.</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right;" valign="bottom">
            <div style="color: #FFFFFF;">&#8211;</div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">
            <div style="color: #FFFFFF;">%</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z936a2eb801024a30aecaca3d855f0961" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: bottom;">
            <div style="color: #000000;">REIT - Real Estate Investment Trust</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="ze65911a7b2964aa281d56c11fd9f8c04" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 3.14%; vertical-align: top;">
            <div style="color: #000000;">(a)</div>
          </td>
          <td style="width: 96.79%; vertical-align: top;">
            <div style="text-align: justify; color: #000000;">Non-income producing security.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 3.14%; vertical-align: top;">
            <div style="color: #000000;">(b)</div>
          </td>
          <td style="width: 96.79%; vertical-align: top;">
            <div style="text-align: justify; color: #000000;">Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified
              institutional investors. As of April 30, 2025, the value of these securities total $2,864,852 or 5.2% of the Fund&#8217;s net assets.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 3.14%; vertical-align: top;">
            <div style="color: #000000;">(c)</div>
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          <td style="width: 96.79%; vertical-align: top;">
            <div style="text-align: justify; color: #000000;">Represents less than 0.05% of net assets.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 3.14%; vertical-align: top;">
            <div style="color: #000000;">(d)</div>
          </td>
          <td style="width: 96.79%; vertical-align: top;">
            <div style="text-align: justify; color: #000000;">Rounds to zero.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 3.14%; vertical-align: top;">
            <div style="color: #000000;">(e)</div>
          </td>
          <td style="width: 96.79%; vertical-align: top;">
            <div style="text-align: justify; color: #000000;">Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities
              represented $1,151,047 or 2.1% of net assets as of April 30, 2025.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 3.14%; vertical-align: top;">
            <div style="color: #000000;">(f)</div>
          </td>
          <td style="width: 96.79%; vertical-align: top;">
            <div style="text-align: justify; color: #000000;">The rate shown represents the 7-day annualized effective yield as of April 30, 2025.</div>
          </td>
        </tr>

    </table>
    <br>
    <table class="cfttable" id="z273b254f742247b0adc34aa86596bf1c" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000; width: 100%;" cellpadding="0" cellspacing="0">

        <tr>
          <td style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;" valign="bottom">
            <div style="text-align: center; color: #000000; font-weight: bold;"><u>Level 1</u></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;" valign="bottom">
            <div style="text-align: center; color: #000000; font-weight: bold;"><u>Level 2</u></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;" valign="bottom">
            <div style="text-align: center; color: #000000; font-weight: bold;"><u>Level 3</u></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;" valign="bottom">&#160;</td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 56pt;"></font>&#8211;</font></div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 19.35pt;"></font>327,320</font></div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 2.7pt;"></font>48,264,153</font></div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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        <tr>
          <td style="vertical-align: bottom; width: 52%;" valign="bottom">
            <div style="text-indent: -18pt; margin-left: 18pt; color: #000000;">&#160;&#160;Exchange Traded Funds</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 9.35pt;"></font>2,811,038</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 56pt;"></font>&#8211;</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 56pt;"></font>&#8211;</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 9.35pt;"></font>2,811,038</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 52%;" valign="bottom">
            <div style="text-indent: -18pt; margin-left: 18pt; color: #000000;">&#160;&#160;Real Estate Investment Trusts - Common</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 9.35pt;"></font>1,853,357</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 56pt;"></font>&#8211;</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 56pt;"></font>&#8211;</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 9.35pt;"></font>1,853,357</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 52%;" valign="bottom">
            <div style="text-indent: -18pt; margin-left: 18pt; color: #000000;">&#160;&#160;Capital Development Certificates</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 56pt;"></font>&#8211;</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 56pt;"></font>&#8211;</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 19.35pt;"></font>823,727</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 19.35pt;"></font>823,727</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 52%;" valign="bottom">
            <div style="text-indent: -18pt; margin-left: 18pt; color: #000000;">&#160;&#160;Mexican Mutual Funds</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 19.35pt;"></font>396,637</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 56pt;"></font>&#8211;</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 56pt;"></font>&#8211;</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 19.35pt;"></font>396,637</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 52%; padding-bottom: 2px;" valign="bottom">
            <div style="text-indent: -18pt; margin-left: 18pt; color: #000000;">&#160;&#160;Money Market Funds</div>
          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 19.35pt;"></font>151,726</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 56pt;"></font>&#8211;</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 56pt;"></font>&#8211;</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 19.35pt;"></font>151,726</font></div>
          </td>
          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: bottom; width: 52%; padding-bottom: 4px;" valign="bottom">
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          </td>
          <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" valign="bottom">&#160;</td>
          <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;" valign="bottom">&#160;</td>
          <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;" valign="bottom">
            <div><font style="color: #000000;"></font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 5.75pt;"></font><font style="color: #000000;"><font class="TRGRRTFtoHTMLTab" style="display: inline-block; font-size: 1px; width: 2.7pt;"></font>53,149,591</font></div>
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          <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" nowrap="nowrap" valign="bottom">&#160;</td>
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            <div style="color: #000000;">Refer to the Schedule of Investments for further disaggregation of investment categories.</div>
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              <div style="color: #000000; font-weight: bold;">FAIR VALUE MEASUREMENTS</div>
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            <td style="width: 3.54%; vertical-align: top;">&#160;</td>
            <td style="width: 8.37%; vertical-align: top;">&#160;</td>
            <td style="width: 3.95%; vertical-align: top;">&#160;</td>
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            <td style="width: 4.7%; vertical-align: top;">&#160;</td>
            <td style="width: 21.27%; vertical-align: top;">&#160;</td>
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            <td style="width: 5.58%; vertical-align: top;">&#160;</td>
            <td style="width: 8.91%; vertical-align: top;">&#160;</td>
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              <div style="color: #000000;">The basis of the hierarchy is dependent upon various &#8220;inputs&#8221; used to determine the value of the Fund&#8217;s investments. These inputs
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            <td style="width: 11.69%; vertical-align: top;">&#160;</td>
            <td style="width: 13.64%; vertical-align: top;">&#160;</td>
            <td style="width: 5.58%; vertical-align: top;">&#160;</td>
            <td style="width: 8.91%; vertical-align: top;">&#160;</td>
            <td style="width: 3.54%; vertical-align: top;">&#160;</td>
            <td style="width: 8.37%; vertical-align: top;">&#160;</td>
            <td style="width: 3.95%; vertical-align: top;">&#160;</td>
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            <td style="width: 4.7%; vertical-align: top;">&#160;</td>
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          <tr>
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          </tr>
          <tr>
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              <div style="color: #000000;">directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for</div>
            </td>
          </tr>
          <tr>
            <td colspan="10" style="width: 100%; vertical-align: top;">
              <div style="color: #000000;">similar instruments, interest rates, prepayment speeds, credit risks, yield curves, default rates and similar data.</div>
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          <tr>
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          </tr>
          <tr>
            <td colspan="10" style="width: 100%; vertical-align: top;">
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          </tr>
          <tr>
            <td colspan="10" style="width: 100%; vertical-align: top;">
              <div style="color: #000000;">liability , and would be based on the best information available.</div>
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          <tr>
            <td style="width: 11.69%; vertical-align: top;">&#160;</td>
            <td style="width: 13.64%; vertical-align: top;">&#160;</td>
            <td style="width: 5.58%; vertical-align: top;">&#160;</td>
            <td style="width: 8.91%; vertical-align: top;">&#160;</td>
            <td style="width: 3.54%; vertical-align: top;">&#160;</td>
            <td style="width: 8.37%; vertical-align: top;">&#160;</td>
            <td style="width: 3.95%; vertical-align: top;">&#160;</td>
            <td style="width: 18.34%; vertical-align: top;">&#160;</td>
            <td style="width: 4.7%; vertical-align: top;">&#160;</td>
            <td style="width: 21.27%; vertical-align: top;">&#160;</td>
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          <tr>
            <td colspan="10" style="width: 100%; vertical-align: top;">
              <div style="color: #000000;">The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including,
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            </td>
          </tr>
          <tr>
            <td colspan="10" style="width: 100%; vertical-align: top;">
              <div style="color: #000000;">the type of security, whether the security is new and not yet established in the marketplace, the liquidity of the markets, and
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            </td>
          </tr>
          <tr>
            <td colspan="10" style="width: 100%; vertical-align: top;">
              <div style="color: #000000;">particular to the security.&#160; To the extent that valuation is based on models or inputs that are less observable or unobservable in
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            </td>
          </tr>
          <tr>
            <td colspan="10" style="width: 100%; vertical-align: top;">
              <div style="color: #000000;">the determination of fair value requires more judgment.&#160; Accordingly, the degree of judgment exercised in determining fair value is
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            </td>
          </tr>
          <tr>
            <td colspan="8" style="width: 74.03%; vertical-align: top;">
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            <td style="width: 4.7%; vertical-align: top;">&#160;</td>
            <td style="width: 21.27%; vertical-align: top;">&#160;</td>
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          <tr>
            <td style="width: 11.69%; vertical-align: top;">&#160;</td>
            <td style="width: 13.64%; vertical-align: top;">&#160;</td>
            <td style="width: 5.58%; vertical-align: top;">&#160;</td>
            <td style="width: 8.91%; vertical-align: top;">&#160;</td>
            <td style="width: 3.54%; vertical-align: top;">&#160;</td>
            <td style="width: 8.37%; vertical-align: top;">&#160;</td>
            <td style="width: 3.95%; vertical-align: top;">&#160;</td>
            <td style="width: 18.34%; vertical-align: top;">&#160;</td>
            <td style="width: 4.7%; vertical-align: top;">&#160;</td>
            <td style="width: 21.27%; vertical-align: top;">&#160;</td>
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          <tr>
            <td colspan="10" style="width: 100%; vertical-align: top;">
              <div style="color: #000000;">The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure
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            </td>
          </tr>
          <tr>
            <td colspan="10" style="width: 100%; vertical-align: top;">
              <div style="color: #000000;">fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest level input
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            </td>
          </tr>
          <tr>
            <td colspan="8" style="width: 74.03%; vertical-align: top;">
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            </td>
            <td style="width: 4.7%; vertical-align: top;">&#160;</td>
            <td style="width: 21.27%; vertical-align: top;">&#160;</td>
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          <tr>
            <td style="width: 11.69%; vertical-align: top;">&#160;</td>
            <td style="width: 13.64%; vertical-align: top;">&#160;</td>
            <td style="width: 5.58%; vertical-align: top;">&#160;</td>
            <td style="width: 8.91%; vertical-align: top;">&#160;</td>
            <td style="width: 3.54%; vertical-align: top;">&#160;</td>
            <td style="width: 8.37%; vertical-align: top;">&#160;</td>
            <td style="width: 3.95%; vertical-align: top;">&#160;</td>
            <td style="width: 18.34%; vertical-align: top;">&#160;</td>
            <td style="width: 4.7%; vertical-align: top;">&#160;</td>
            <td style="width: 21.27%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td colspan="10" style="width: 100%; vertical-align: top;">
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            </td>
          </tr>
          <tr>
            <td style="width: 11.69%; vertical-align: top;">&#160;</td>
            <td style="width: 13.64%; vertical-align: top;">&#160;</td>
            <td style="width: 5.58%; vertical-align: top;">&#160;</td>
            <td style="width: 8.91%; vertical-align: top;">&#160;</td>
            <td style="width: 3.54%; vertical-align: top;">&#160;</td>
            <td style="width: 8.37%; vertical-align: top;">&#160;</td>
            <td style="width: 3.95%; vertical-align: top;">&#160;</td>
            <td style="width: 18.34%; vertical-align: top;">&#160;</td>
            <td style="width: 4.7%; vertical-align: top;">&#160;</td>
            <td style="width: 21.27%; vertical-align: top;">&#160;</td>
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          <tr>
            <td colspan="6" style="width: 51.74%; vertical-align: top;">
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            <td style="width: 3.95%; vertical-align: top;">&#160;</td>
            <td style="width: 18.34%; vertical-align: top;">&#160;</td>
            <td style="width: 4.7%; vertical-align: top;">&#160;</td>
            <td style="width: 21.27%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 11.69%; vertical-align: top;">&#160;</td>
            <td style="width: 13.64%; vertical-align: top;">&#160;</td>
            <td style="width: 5.58%; vertical-align: top;">&#160;</td>
            <td style="width: 8.91%; vertical-align: top;">&#160;</td>
            <td style="width: 3.54%; vertical-align: top;">&#160;</td>
            <td style="width: 8.37%; vertical-align: top;">&#160;</td>
            <td style="width: 3.95%; vertical-align: top;">&#160;</td>
            <td style="width: 18.34%; vertical-align: top;">&#160;</td>
            <td style="width: 4.7%; vertical-align: top;">&#160;</td>
            <td style="width: 21.27%; vertical-align: top;">&#160;</td>
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          <tr>
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            </td>
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      <table class="cfttable" id="zaa116c3c9439419f8504c498836332a1" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000; width: 100%;" cellpadding="0" cellspacing="0">

          <tr>
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              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-weight: bold;"><u>Description</u></div>
            </td>
            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom">&#160;</td>
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            <td class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
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            <td class="cftfncell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <tr>
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            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
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          <tr>
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            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
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            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
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            <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          </tr>
          <tr>
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            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
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            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
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            <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
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            <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
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          <tr>
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            </td>
            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
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            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
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            </td>
            <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          </tr>
          <tr>
            <td colspan="1" style="vertical-align: top; width: 76%;" valign="bottom">
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            </td>
            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
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            </td>
            <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
              <div style="color: #000000;">-</div>
            </td>
            <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          </tr>
          <tr>
            <td colspan="1" style="vertical-align: top; width: 76%; padding-bottom: 2px;" valign="bottom">
              <div style="color: #000000;">Change in unrealized appreciation/(depreciation)</div>
            </td>
            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom">&#160;</td>
            <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
            <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
              <div style="color: #000000;">(45,202</div>
            </td>
            <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">
              <div style="color: #000000;">)</div>
            </td>
            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
            <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">&#160;</td>
            <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
              <div style="color: #000000;">114,691</div>
            </td>
            <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
          </tr>
          <tr>
            <td colspan="1" style="vertical-align: top; width: 76%; padding-bottom: 4px;" valign="bottom">
              <div style="color: #000000; font-weight: bold;">Balance as of April 30, 2025</div>
            </td>
            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" valign="bottom">&#160;</td>
            <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" valign="bottom">
              <div style="color: #000000;">$</div>
            </td>
            <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" valign="bottom">
              <div style="color: #000000;">327,320</div>
            </td>
            <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" nowrap="nowrap" valign="bottom">&#160;</td>
            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" valign="bottom">&#160;</td>
            <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);" valign="bottom">
              <div style="color: #000000;">$</div>
            </td>
            <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);" valign="bottom">
              <div style="color: #000000;">823,727</div>
            </td>
            <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;" nowrap="nowrap" valign="bottom">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; width: 76%;" valign="bottom">&#160;</td>
            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
            <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
            <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          </tr>
          <tr>
            <td colspan="1" style="vertical-align: top; width: 76%;" valign="bottom">
              <div style="color: #000000;">Change in unrealized appreciation/(depreciation) during the period for Level 3 investments held at April 30, 2025</div>
            </td>
            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">
              <div style="color: #000000;">$</div>
            </td>
            <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
              <div style="color: #000000;">(45,202</div>
            </td>
            <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">
              <div style="color: #000000;">)</div>
            </td>
            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">
              <div style="color: #000000;">$</div>
            </td>
            <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">
              <div style="color: #000000;">114,691</div>
            </td>
            <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; width: 76%;" valign="bottom">&#160;</td>
            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
            <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
            <td class="cftguttercell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;" valign="bottom">&#160;</td>
            <td class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;" valign="bottom">&#160;</td>
            <td class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;" nowrap="nowrap" valign="bottom">&#160;</td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 100%; vertical-align: top;">
              <div style="color: #000000;">The following table presents additional information about valuation methodologies and inputs used for investments that are measured
                at fair value and categorized within Level 3 as of April 30, 2025:</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 13%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
            <td style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); width: 14%;">
              <div style="text-align: center; color: #000000;">Fair Value </div>
              <div style="text-align: center; color: #000000;">April 30, 2025</div>
            </td>
            <td style="vertical-align: top; width: 1%; padding-bottom: 2px;">&#160;</td>
            <td style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; color: #000000;">Valuation </div>
              <div style="text-align: center; color: #000000;">Methodologies</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
            <td style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; color: #000000;">Unobservable <br>
                Input <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
            </td>
            <td colspan="1" style="vertical-align: top; width: 1%; padding-bottom: 2px;">&#160;</td>
            <td style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; color: #000000;">Impact to valuation from </div>
              <div style="text-align: center; color: #000000;">an increase to input</div>
            </td>
            <td colspan="1" style="vertical-align: top; width: 1%; padding-bottom: 2px;">&#160;</td>
            <td style="width: 21.27%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); text-align: center;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">Range</div>
            </td>
          </tr>
          <tr>
            <td style="width: 13%; vertical-align: bottom; text-align: center;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">Common Stock</div>
            </td>
            <td style="width: 14%; vertical-align: bottom;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">&#160;$&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; 327,320</div>
            </td>
            <td style="width: 1%; vertical-align: top;">&#160;</td>
            <td style="vertical-align: bottom; text-align: center;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">Lower of Market </div>
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">Comparables or </div>
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">bid/ask</div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom; text-align: center;">&#160;</td>
            <td style="vertical-align: bottom; text-align: center;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">Liquidity Discount</div>
            </td>
            <td colspan="1" style="vertical-align: bottom; text-align: center; width: 1%;">&#160;</td>
            <td style="vertical-align: top;">
              <div style="text-align: center; color: #000000;">Significant changes in the liquidity </div>
              <div style="text-align: center; color: #000000;">discount would have resulted in </div>
              <div style="text-align: center; color: #000000;">direct and proportional changes in </div>
              <div style="text-align: center; color: #000000;">the fair value of the security.</div>
            </td>
            <td colspan="1" style="vertical-align: top; width: 1%;">&#160;</td>
            <td style="width: 21.27%; vertical-align: bottom; text-align: center;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">30%</div>
            </td>
          </tr>
          <tr>
            <td style="width: 13%; vertical-align: bottom; text-align: center;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">Capital Development Certificates</div>
            </td>
            <td style="width: 14%; vertical-align: bottom;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">&#160;$&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; 823,727</div>
            </td>
            <td style="width: 1%; vertical-align: top;">&#160;</td>
            <td style="vertical-align: bottom; text-align: center;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">Market Comparables/ </div>
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">Sum of the Parts </div>
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">Valuation<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> (2)</sup></div>
            </td>
            <td colspan="1" style="width: 1%; vertical-align: bottom; text-align: center;">&#160;</td>
            <td style="vertical-align: bottom; text-align: center;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">Liquidity Discount</div>
            </td>
            <td colspan="1" style="vertical-align: bottom; text-align: center; width: 1%;">&#160;</td>
            <td style="vertical-align: top;">
              <div style="text-align: center; color: #000000;">Significant changes in the liquidity </div>
              <div style="text-align: center; color: #000000;">discount would have resulted in </div>
              <div style="text-align: center; color: #000000;">direct and proportional changes in </div>
              <div style="text-align: center; color: #000000;">the fair value of the security.</div>
            </td>
            <td colspan="1" style="vertical-align: top; width: 1%;">&#160;</td>
            <td style="width: 21.27%; vertical-align: bottom; text-align: center;">
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif;">15%</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 13%; vertical-align: top;">
              <div style="text-align: right; color: #000000;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1&#160; <br>
                </sup></div>
            </td>
            <td colspan="9" style="vertical-align: top;">
              <div style="color: #000000;">In determining certain of these inputs, management evaluates a variety of factors including economic conditions, foreign exchange
                rates, industry and market developments, market valuations of comparable companies and company specific developments.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 14%; vertical-align: top;">&#160;</td>
            <td style="width: 1%; vertical-align: top;">&#160;</td>
            <td style="width: 9%; vertical-align: top;">&#160;</td>
            <td style="width: 3.54%; vertical-align: top;">&#160;</td>
            <td colspan="1" style="width: 1%; vertical-align: top;">&#160;</td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 3.95%; vertical-align: top;">&#160;</td>
            <td colspan="1" style="width: 1%; vertical-align: top;">&#160;</td>
            <td style="width: 18%; vertical-align: top;">&#160;</td>
            <td style="width: 4.7%; vertical-align: top;">&#160;</td>
            <td colspan="1" style="width: 1%; vertical-align: top;">&#160;</td>
            <td style="width: 21.27%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 13%; vertical-align: top;">
              <div style="text-align: right; color: #000000;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2&#160; <br>
                </sup></div>
            </td>
            <td colspan="9" style="vertical-align: top;">
              <div style="color: #000000;">For the Sum of the Parts valuation, the valuation provides a range of values for a company's equity by aggregating each of its
                business units (private and public) and arriving at a single total enterprise value.</div>
            </td>
          </tr>

      </table>
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