Last week Stockhead’s loyal readers heard from BetaShares on what a general ethical investing strategy might look like. But should you choose a specific “ethical investment”?

Read More: Ethical Investing: What does it actually look like? 

This week, Stockhead reached out to Vanguard for its hot tips. Like BetaShares, Vanguard operates an ethical (or sustainable) exchange traded fund (ETF) on the ASX. The Vanguard Ethically Conscious International Shares Index Fund and ETF (ASX:VESG) was launched last year. While VESG initially fell during last year’s downturn, it has recovered and now sits 5 per cent higher than when it listed.

Since 2016 it has offered the non-listed Vanguard International Shares Select Exclusions Index Fund.

But however easy it is to just exclude “unethical” industries – how can you judge an individual investment? We know that it is possible to judge, the Responsible Investment Association of Australia has a certification. How can you though?

Vanguard’s 4-step process

Vanguard provided Stockhead with its own framework for investors. In the guide, there is a four-step decision making process.

Pic: Vanguard

First investors have to decide what issue matters most to them. A firm that is environmentally friendly may be a laggard on gender equality. And just because the company itself may be ethical, does its suppliers abide by their standards? If not is its management fine with it or turning a blind eye?

Second, study ways to address a company’s goals, both ESG and financial, and third decide on an action. This may not just be buying or selling stock but potentially engaging in shareholder activism. Vanguard particularly implored fund managers and custodians saying they, “have a responsibility to advocate for change if it can help maximise long-term value”.

You’d expect the Australian Institute of Company Directors to be against anyone making life difficult for their members’ businesses. But their general manager of advocacy, Louise Petschler, told Stockhead last month shareholder expectations could not be ignored. “Clearly expectations of boards are rising and it is incumbent on directors to listen to diverse perspectives,” she said.

The final step is to reassess decisions periodically to determine whether or not a company’s goals are being met.

Screening

Of course, then comes the matter of picking the stocks themselves. Without giving their own recommended figures, Vanguard advised considering ESG metrics and from there choosing either an exclusionary or inclusionary approach.

An exclusionary approach involves eliminating the “worst” (while picking the least worst), while an inclusionary approach is about choosing only the best — the leaders. Stockhead recently spoke with BetaShares CEO Alex Vynokur, who called the former a “dark green approach to investing”.

But he said the success of his company’s ethical ETF was due to both his company’s and investors’ belief that, “near enough is not good enough”.

Vanguard’s ETF

Compared to Betashares’ ETF allocation, Vanguard has a far wider portfolio with over 1,600 stocks and a different composition.

BetaShares had two stocks in materials and a small portion of its shares in tech, but tech was Vanguard’s largest sector at nearly 20 per cent and there were over 100 materials stocks which did include a handful of metals stocks.

SectorCompanies held% of portfolioShares held
Communication Services1179.752,649,886
Consumer Discretionary23511.873,228,212
Consumer Staples1347.782,114,341
Energy281.55420,683
Financials28618.445,014,162
Health Care15814.894,048,589
Industrials2407.482,034,278
Information Technology16819.735,363,344
Materials1243.801,032,634
Real Estate1033.51953,512
Utilities411.20326,695

Here’s a list of all Vanguard’s Sustainable ETF holdings.

There are none solely listed in Australia, although there are a couple in New Zealand that are dual-listed including A2 Milk (ASX:A2M) and Auckland Airport (ASX:AKL). They have also invested in our NASDAQ-export Altissan.

If you look at Vanguard’s portfolio, some stocks may raise eyebrows such as Goldman Sachs, in the light of the 1MDB scandal. The bank is accused of bribery and fund misappropriation during a capital raise for Malaysia’s state-owned fund.

One also might question the ownership of American Airlines in light of its industrial disputes. However, among the airlines the Dallas-headquartered American Airlines has been one of the most improved in emission reduction pursuits.

Firm name% WeightShares owned
1&1 DRILLISCH AG0.00518
ACTIVISION BLIZZARD INC0.1128,922
ADEVINTA ASA-A0.00402
ADEVINTA ASA-B0.00890
ALPHABET INC-CL A0.94256,669
ALPHABET INC-CL C0.97262,866
AT&T INC0.70189,803
AUTO TRADER GROUP PLC0.024,493
AXEL SPRINGER SE0.011,483
BCE INC0.049,818
BEZEQ THE ISRAELI TELECOM CO0.00849
BT GROUP PLC0.0615,206
CAPCOM CO LTD0.001,187
CBS CORP-CLASS B NON VOTING0.0513,020
CD PROJEKT SA0.011,750
CELLNEX TELECOM SA0.037,311
CENTURYLINK INC0.049,519
CHARTER COMMUNICATIONS INC-A0.1951,599
CHEIL WORLDWIDE INC0.011,745
CINEWORLD GROUP PLC0.012,662
COMCAST CORP-CLASS A0.55150,090
CYBERAGENT INC0.013,388
CYFROWY POLSAT SA0.011,887
DAIICHIKOSHO CO LTD0.001,145
DENA CO LTD0.001,104
DENTSU INC0.025,491
DISCOVERY INC - A0.024,769
DISCOVERY INC-C0.026,308
DISH NETWORK CORP-A0.036,912
ELECTRONIC ARTS INC0.0923,682
ELISA OYJ0.024,078
EUTELSAT COMMUNICATIONS0.013,480
FACEBOOK INC-CLASS A1.32359,715
HAKUHODO DY HOLDINGS INC0.014,068
IAC/INTERACTIVECORP0.0512,369
ILIAD SA0.013,117
INFORMA PLC0.0410,363
INTERPUBLIC GROUP OF COS INC0.025,910
ITV PLC0.013,240
JCDECAUX SA0.00736
KAKAKU.COM INC0.011,964
KAKAO CORP0.013,306
KDDI CORP0.1335,743
KOEI TECMO HOLDINGS CO LTD0.011,889
KONAMI HOLDINGS CORP0.012,724
KONINKLIJKE KPN NV0.038,808
LAGARDERE SCA0.013,204
LG UPLUS CORP0.001,101
LIBERTY BROADBAND-C0.0410,166
LIBERTY GLOBAL PLC- C0.0512,731
LIBERTY GLOBAL PLC-A0.013,209
LIBERTY MEDIA COR-SIRIUSXM A0.011,796
LIBERTY MEDIA COR-SIRIUSXM C0.026,122
LINE CORP0.012,113
LIVE NATION ENTERTAINMENT IN0.037,835
NAVER CORP0.0410,481
NCSOFT CORP0.025,675
NETFLIX INC0.45122,648
NETMARBLE CORP0.00991
NEWS CORP - CLASS A0.024,362
NEWS CORP - CLASS B0.011,379
NEXON CO LTD0.024,147
NINTENDO CO LTD0.1130,381
NIPPON TELEGRAPH & TELEPHONE0.0925,329
NTT DOCOMO INC0.0821,126
OMNICOM GROUP0.0514,148
ORANGE0.0923,181
PCCW LTD0.012,798
PEARSON PLC0.025,447
PROSIEBENSAT.1 MEDIA SE0.014,009
PROXIMUS0.013,832
PUBLICIS GROUPE0.049,691
RIGHTMOVE PLC0.025,902
ROGERS COMMUNICATIONS INC-B0.0615,569
RTL GROUP0.00614
SCHIBSTED ASA-B SHS0.012,136
SCHIBSTED ASA-CL A0.00998
SCOUT24 AG0.026,011
SES0.024,627
SHAW COMMUNICATIONS INC-B0.026,534
SINGAPORE PRESS HOLDINGS LTD0.011,827
SINGAPORE TELECOMMUNICATIONS0.0514,138
SIRIUS XM HOLDINGS INC0.026,729
SK TELECOM0.024,702
SOFTBANK CORP0.0616,200
SOFTBANK GROUP CORP0.2465,027
SPARK NEW ZEALAND LTD0.024,629
SPRINT CORP0.024,442
SWISSCOM AG-REG0.0410,884
T-MOBILE US INC0.0717,832
TAKE-TWO INTERACTIVE SOFTWRE0.049,537
TELE2 AB-B SHS0.024,990
TELECOM ITALIA SPA0.012,482
TELECOM ITALIA-RSP0.013,440
TELEFONICA DEUTSCHLAND HOLDI0.001,111
TELEFONICA SA0.1129,461
TELENET GROUP HOLDING NV0.013,012
TELENOR ASA0.0411,304
TELIA CO AB0.0410,460
TELUS CORP0.036,857
TOHO CO LTD0.024,260
TOKYO BROADCASTING SYSTEM0.011,429
TRIPADVISOR INC0.024,248
TWITTER INC0.0720,288
UBISOFT ENTERTAINMENT0.025,278
UNITED INTERNET AG-REG SHARE0.013,132
VEON LTD0.011,948
VERIZON COMMUNICATIONS INC0.67183,089
VIACOM INC-CLASS B0.039,515
VIVENDI0.0821,696
VODAFONE GROUP PLC0.1233,699
WALT DISNEY CO/THE0.71193,738
WPP PLC0.0512,411
YAHOO JAPAN CORP0.025,002
YANDEX NV-A0.037,642
ZILLOW GROUP INC - A0.012,530
ZILLOW GROUP INC - C0.013,628
ABC-MART INC0.00526
ADIDAS AG0.1746,436
ADVANCE AUTO PARTS INC0.038,414
AISIN SEIKI CO LTD0.025,202
AMAZON.COM INC2.28620,341
APTIV PLC0.0717,805
ARAMARK0.025,767
ASICS CORP0.00909
AUTOBACS SEVEN CO LTD0.012,735
AUTOLIV INC0.024,946
AUTOZONE INC0.0822,208
B&M EUROPEAN VALUE RETAIL SA0.013,096
BANDAI NAMCO HOLDINGS INC0.037,223
BARRATT DEVELOPMENTS PLC0.025,680
BAYERISCHE MOTOREN WERKE AG0.0617,543
BAYERISCHE MOTOREN WERKE-PRF0.013,637
BELLWAY PLC0.013,997
BENESSE HOLDINGS INC0.00780
BERKELEY GROUP HOLDINGS/THE0.024,456
BEST BUY CO INC0.0412,074
BIC CAMERA INC0.00993
BOOKING HOLDINGS INC0.2567,849
BORGWARNER INC0.026,573
BRIDGESTONE CORP0.0719,944
BURBERRY GROUP PLC0.038,926
BURLINGTON STORES INC0.039,218
CANADIAN TIRE CORP-CLASS A0.024,473
CAPRI HOLDINGS LTD0.024,082
CARMAX INC0.0411,823
CARNIVAL CORP0.0615,141
CARNIVAL PLC0.025,608
CASIO COMPUTER CO LTD0.011,450
CHIPOTLE MEXICAN GRILL INC0.0512,933
CIE FINANCIERE RICHEMONT-REG0.1334,352
CJ ENM CO LTD0.00910
COMPASS GROUP PLC0.1129,317
CONTINENTAL AG0.0512,347
DAIMLER AG-REGISTERED SHARES0.1437,911
DARDEN RESTAURANTS INC0.0411,628
DELIVERY HERO SE0.012,805
DENSO CORP0.0615,141
DOLLAR GENERAL CORP0.1128,946
DOLLAR TREE INC0.0821,536
DOLLARAMA INC0.037,800
DOMINO'S PIZZA INC0.038,108
DR HORTON INC0.0410,669
DUFRY AG-REG0.00988
EBAY INC0.1027,451
ELECTROLUX AB-SER B0.024,732
ESSILORLUXOTTICA0.1129,185
EXPEDIA GROUP INC0.0411,702
FAST RETAILING CO LTD0.0924,934
FAURECIA0.012,892
FERRARI NV0.0514,923
FIAT CHRYSLER AUTOMOBILES NV0.0411,087
FIELMANN AG0.001,359
FILA KOREA LTD0.012,094
FOOT LOCKER INC0.014,028
FORD MOTOR CO0.1131,161
GAP INC/THE0.013,417
GARMIN LTD0.037,575
GENERAL MOTORS CO0.1539,822
GENTEX CORP0.013,995
GENUINE PARTS CO0.0512,377
GOLDWIN INC0.012,136
GOODYEAR TIRE & RUBBER CO0.012,924
H I S CO LTD0.00619
H&R BLOCK INC0.024,380
HANESBRANDS INC0.024,912
HANKOOK TIRE & TECHNOLOGY CO0.00953
HANON SYSTEMS0.001,180
HARLEY-DAVIDSON INC0.024,441
HASBRO INC0.0410,772
HASEKO CORP0.013,067
HELLA GMBH & CO KGAA0.001,069
HENNES & MAURITZ AB-B SHS0.0411,129
HERMES INTERNATIONAL0.0718,016
HIKARI TSUSHIN INC0.025,441
HLB INC0.00840
HOME DEPOT INC0.68184,999
HONDA MOTOR CO LTD0.1335,782
HOTEL SHILLA CO LTD0.001,120
HUGO BOSS AG -ORD0.013,592
HUSQVARNA AB-B SHS0.013,840
HYUNDAI DEPT STORE CO0.001,233
HYUNDAI MOBIS CO LTD0.0411,664
HYUNDAI MOTOR CO0.0410,148
HYUNDAI MOTOR CO LTD-2ND PRF0.001,242
HYUNDAI MOTOR CO LTD-PRF0.026,108
IIDA GROUP HOLDINGS CO LTD0.011,778
INCHCAPE PLC0.013,305
INDUSTRIA DE DISENO TEXTIL0.0924,683
ISETAN MITSUKOSHI HOLDINGS L0.025,115
ISUZU MOTORS LTD0.025,013
IZUMI CO LTD0.001,005
J FRONT RETAILING CO LTD0.001,132
JD SPORTS FASHION PLC0.011,959
JUST EAT PLC0.012,779
K'S HOLDINGS CORP0.001,044
KERING0.1334,349
KIA MOTORS CORP0.037,653
KINGFISHER PLC0.024,658
KOHLS CORP0.025,657
KOITO MANUFACTURING CO LTD0.014,014
KOMERI CO LTD0.011,364
KONTOOR BRANDS INC0.001,007
L BRANDS INC0.025,507
LEAR CORP0.037,536
LEGGETT & PLATT INC0.024,759
LENNAR CORP-A0.0411,586
LG ELECTRONICS INC0.025,237
LG ELECTRONICS-PREF0.011,870
LI & FUNG LTD0.00200
LIFESTYLE INTL HLDGS LTD0.001,081
LKQ CORP0.026,714
LOTTE SHOPPING CO0.001,127
LOWE'S COS INC0.2465,688
LPP SA0.011,526
LULULEMON ATHLETICA INC0.0513,809
MACY'S INC0.025,262
MAGNA INTERNATIONAL INC0.0411,755
MARKS & SPENCER GROUP PLC0.013,947
MARUI GROUP CO LTD0.024,080
MAZDA MOTOR CORP0.025,738
MCDONALD'S CORP0.46125,241
MERCADOLIBRE INC0.0719,539
MERLIN ENTERTAINMENT0.013,965
MICHELIN (CGDE)0.0616,575
MINTH GROUP LTD0.012,214
MITSUBISHI MOTORS CORP0.011,375
MOHAWK INDUSTRIES INC0.036,872
MONCLER SPA0.026,312
NEWELL BRANDS INC0.025,298
NEXT PLC0.036,806
NEXTEER AUTOMOTIVE GROUP LTD0.00613
NGK SPARK PLUG CO LTD0.011,890
NHK SPRING CO LTD0.00975
NIFCO INC0.001,259
NIKE INC -CL B0.3082,089
NIKON CORP0.025,294
NISSAN MOTOR CO LTD0.0410,302
NITORI HOLDINGS CO LTD0.038,435
NOK CORP0.001,003
NOKIAN RENKAAT OYJ0.013,832
NORDSTROM INC0.013,516
NORWEGIAN CRUISE LINE HOLDIN0.038,645
NVR INC0.037,194
O'REILLY AUTOMOTIVE INC0.0923,928
OCADO GROUP PLC0.025,001
ORIENTAL LAND CO LTD0.0719,472
PALTAC CORPORATION0.001,359
PAN PACIFIC INTERNATIONAL HO0.026,725
PANASONIC CORP0.0615,198
PANDORA A/S0.011,884
PERSIMMON PLC0.036,858
PEUGEOT SA0.0410,366
PIRELLI & C SPA0.012,874
PLASTIC OMNIUM0.00823
POLARIS INDUSTRIES INC0.024,490
PORSCHE AUTOMOBIL HLDG-PRF0.039,039
PRADA S.P.A.0.00838
PULTEGROUP INC0.026,273
PUMA SE0.013,331
PVH CORP0.025,612
QURATE RETAIL INC0.013,993
RAKUTEN INC0.026,558
RALPH LAUREN CORP0.024,333
RENAULT SA0.049,961
RESTAURANT BRANDS INTERN0.0513,014
RINNAI CORP0.001,060
ROCKET INTERNET SE0.011,714
ROSS STORES INC0.1027,219
RYOHIN KEIKAKU CO LTD0.012,972
SA SA INTERNATIONAL HLDGS0.00518
SALVATORE FERRAGAMO SPA0.012,399
SAMSONITE INTERNATIONAL SA0.013,279
SANRIO CO LTD0.012,207
SEB SA0.024,400
SEKISUI CHEMICAL CO LTD0.013,915
SEKISUI HOUSE LTD0.037,020
SHARP CORP0.00463
SHIMAMURA CO LTD0.00614
SHIMANO INC0.049,940
SHINSEGAE INC0.001,195
SKYLARK HOLDINGS CO LTD0.013,836
SODEXO SA0.038,451
SONY CORP0.2054,377
STANLEY ELECTRIC CO LTD0.013,537
STARBUCKS CORP0.3080,581
SUBARU CORP0.0411,612
SUMITOMO ELECTRIC INDUSTRIES0.037,110
SUMITOMO FORESTRY CO LTD0.00905
SUMITOMO RUBBER INDUSTRIES0.012,587
SUZUKI MOTOR CORP0.0617,159
SWATCH GROUP AG/THE-BR0.013,363
SWATCH GROUP AG/THE-REG0.024,403
TAKASHIMAYA CO LTD0.00459
TAPESTRY INC0.026,766
TARGET CORP0.1335,187
TAYLOR WIMPEY PLC0.026,160
TESLA INC0.0925,757
TIFFANY & CO0.038,939
TJX COMPANIES INC0.1952,032
TOLL BROTHERS INC0.024,263
TOYO TIRE CORP0.001,113
TOYODA GOSEI CO LTD0.00164
TOYOTA INDUSTRIES CORP0.025,956
TOYOTA MOTOR CORP0.46125,093
TRACTOR SUPPLY COMPANY0.0411,214
TS TECH CO LTD0.00933
ULTA BEAUTY INC0.0514,906
UNDER ARMOUR INC-CLASS A0.024,978
UNDER ARMOUR INC-CLASS C0.001,204
USS CO LTD0.013,313
VAIL RESORTS INC0.037,848
VALEO SA0.025,000
VF CORP0.0923,731
VOLKSWAGEN AG0.038,336
VOLKSWAGEN AG-PREF0.0719,541
WACOAL HOLDINGS CORP0.001,078
WHIRLPOOL CORP0.026,579
WHITBREAD PLC0.037,521
WOONGJIN COWAY CO LTD0.012,763
WYNDHAM HOTELS & RESORTS INC0.024,246
XINYI GLASS HOLDINGS LTD0.001,035
YAMADA DENKI CO LTD0.013,307
YAMAHA CORP0.025,187
YAMAHA MOTOR CO LTD0.024,460
YOKOHAMA RUBBER CO LTD0.001,084
YUE YUEN INDUSTRIAL HLDG0.00900
YUM CHINA HOLDINGS INC0.0412,164
YUM! BRANDS INC0.1025,953
ZALANDO SE0.024,400
ZENSHO HOLDINGS CO LTD0.001,344
ZOZO INC0.011,764
A2 MILK CO LTD0.025,891
AEON CO LTD0.049,783
AIN HOLDINGS INC0.00954
AJINOMOTO CO INC0.026,231
ALIMENTATION COUCHE-TARD -B0.0820,881
AMOREPACIFIC CORP0.013,198
AMOREPACIFIC CORP-PREF0.001,152
AMOREPACIFIC GROUP0.00772
ARCHER-DANIELS-MIDLAND CO0.0617,541
ARIAKE JAPAN CO LTD0.011,629
ASSOCIATED BRITISH FOODS PLC0.038,826
BARRY CALLEBAUT AG-REG0.011,962
BEIERSDORF AG0.049,611
BGF RETAIL CO LTD0.012,108
BUNGE LTD0.026,433
CALBEE INC0.012,680
CAMPBELL SOUP CO0.025,314
CARREFOUR SA0.039,179
CASINO GUICHARD PERRACHON0.00900
CHINA MENGNIU DAIRY CO0.037,953
CHOCOLADEFABRIKEN LINDT-PC0.024,777
CHOCOLADEFABRIKEN LINDT-REG0.026,654
CHURCH & DWIGHT CO INC0.0514,032
CJ CHEILJEDANG CORP0.012,684
CLOROX COMPANY0.0615,868
COCA-COLA BOTTLERS JAPAN HOL0.011,906
COCA-COLA CO/THE0.57154,669
COCA-COLA EUROPEAN PARTNERS0.037,798
COCA-COLA HBC AG-DI0.026,118
COLGATE-PALMOLIVE CO0.1747,330
COLRUYT SA0.011,902
CONAGRA BRANDS INC0.0410,032
COSMOS PHARMACEUTICAL CORP0.011,439
COSTCO WHOLESALE CORP0.3390,056
COTY INC-CL A0.012,194
DAIRY FARM INTL HLDGS LTD0.001,135
DANONE0.1439,203
DINO POLSKA SA0.012,138
E-MART INC0.012,798
ESSITY AKTIEBOLAG-B0.0514,905
ESTEE LAUDER COMPANIES-CL A0.1129,540
EZAKI GLICO CO LTD0.001,105
FAMILYMART UNY HOLDINGS CO L0.024,339
FANCL CORP0.011,462
FUJI OIL HOLDINGS INC0.001,231
GENERAL MILLS INC0.0924,353
GLANBIA PLC0.013,246
GOLDEN AGRI-RESOURCES LTD0.00338
HENKEL AG & CO KGAA0.037,633
HENKEL AG & CO KGAA VORZUG0.0513,371
HERBALIFE NUTRITION LTD0.013,696
HERSHEY CO/THE0.0615,552
HORMEL FOODS CORP0.038,941
HOUSE FOODS GROUP INC0.011,572
ICA GRUPPEN AB0.013,582
INGREDION INC0.014,007
ITO EN LTD0.011,551
JERONIMO MARTINS0.014,030
JM SMUCKER CO/THE0.0410,463
KAGOME CO LTD0.00957
KAO CORP0.1129,374
KELLOGG CO0.0410,004
KERRY GROUP PLC-A0.0512,550
KESKO OYJ-B SHS0.013,329
KEURIG DR PEPPER INC0.024,922
KEWPIE CORP0.001,097
KIMBERLY-CLARK CORP0.1437,729
KOBAYASHI PHARMACEUTICAL CO0.024,831
KONINKLIJKE AHOLD DELHAIZE N0.0718,667
KOSE CORP0.012,848
KRAFT HEINZ CO/THE0.0514,928
KROGER CO0.0513,235
L'OREAL0.1952,102
LAMB WESTON HOLDINGS INC0.037,979
LAWSON INC0.00795
LEROY SEAFOOD GROUP ASA0.011,484
LG HOUSEHOLD & HEALTH CARE0.026,522
LG HOUSEHOLD & HEALTH-PREF0.012,045
LION CORP0.013,745
LOBLAW COMPANIES LTD0.026,727
MATSUMOTOKIYOSHI HOLDINGS CO0.00994
MCCORMICK & CO-NON VTG SHRS0.0514,890
MEIJI HOLDINGS CO LTD0.037,018
METRO AG0.011,622
METRO INC/CN0.037,084
MONDELEZ INTERNATIONAL INC-A0.2260,772
MONSTER BEVERAGE CORP0.0719,413
MORINAGA & CO LTD0.011,620
MORINAGA MILK INDUSTRY CO0.012,643
MOWI ASA0.038,746
NESTLE SA-REG0.88240,093
NH FOODS LTD0.012,493
NICHIREI CORP0.001,182
NISSHIN SEIFUN GROUP INC0.024,923
NISSIN FOODS HOLDINGS CO LTD0.013,168
NOEVIR HOLDING CO0.011,830
NONGSHIM CO LTD0.011,365
ORION CORP/REPUBLIC OF KOREA0.001,078
ORKLA ASA0.024,469
OTTOGI CORPORATION0.001,111
PEPSICO INC0.54146,038
PIGEON CORP0.013,805
POLA ORBIS HOLDINGS INC0.012,578
PROCTER & GAMBLE CO/THE0.79215,237
RECKITT BENCKISER GROUP PLC0.1437,454
SAINSBURY (J) PLC0.013,873
SALMAR ASA0.011,509
SAPUTO INC0.025,897
SEVEN & I HOLDINGS CO LTD0.0821,934
SHISEIDO CO LTD0.0923,318
SHUFERSAL LTD0.001,253
SUGI HOLDINGS CO LTD0.001,156
SUN ART RETAIL GROUP LTD0.001,051
SUNDRUG CO LTD0.001,134
SUNTORY BEVERAGE & FOOD LTD0.013,930
SYSCO CORP0.0925,302
TATE & LYLE PLC0.013,713
TESCO PLC0.0822,211
TINGYI (CAYMAN ISLN) HLDG CO0.011,371
TOYO SUISAN KAISHA LTD0.024,736
TSURUHA HOLDINGS INC0.011,522
TYSON FOODS INC-CL A0.0718,259
UNICHARM CORP0.038,552
UNILEVER PLC0.2054,511
VITASOY INTL HOLDINGS LTD0.012,369
WALGREENS BOOTS ALLIANCE INC0.1335,530
WALMART INC0.45122,232
WELCIA HOLDINGS CO LTD0.001,005
WESTON (GEORGE) LTD0.025,116
WH GROUP LTD0.037,704
WILMAR INTERNATIONAL LTD0.025,239
WM MORRISON SUPERMARKETS0.024,844
YAKULT HONSHA CO LTD0.025,917
YAMAZAKI BAKING CO LTD0.001,013
1.55420,683
BAKER HUGHES A GE CO0.039,163
CHENIERE ENERGY INC0.0512,761
ENAGAS SA0.025,606
ENBRIDGE INC0.2157,066
EQUITRANS MIDSTREAM CORP0.024,180
GS HOLDINGS0.001,168
HALLIBURTON CO0.0616,976
HELMERICH & PAYNE0.013,790
INTER PIPELINE LTD0.024,343
KINDER MORGAN INC0.1232,799
MARATHON PETROLEUM CORP0.1028,159
NATIONAL OILWELL VARCO INC0.026,246
ONEOK INC0.0821,584
PAZ OIL CO LTD0.001,198
PEMBINA PIPELINE CORP0.0513,985
PHILLIPS 660.1231,484
S-OIL CORP0.013,054
SAIPEM SPA0.001,193
SCHLUMBERGER LTD0.1644,133
SNAM SPA0.038,175
SUBSEA 7 SA0.013,290
TARGA RESOURCES CORP0.026,353
TC ENERGY CORP0.1335,187
TECHNIPFMC PLC0.038,329
TENARIS SA0.024,754
VALERO ENERGY CORP0.1027,148
VOPAK0.001,284
WILLIAMS COS INC0.1027,275
3I GROUP PLC0.0410,785
77 BANK LTD/THE0.00852
ABN AMRO GROUP NV-CVA0.036,922
ACKERMANS & VAN HAAREN0.013,520
ACOM CO LTD0.00209
ADMIRAL GROUP PLC0.025,427
AEGON NV0.026,390
AEON FINANCIAL SERVICE CO LT0.011,870
AFFILIATED MANAGERS GROUP0.013,576
AFLAC INC0.1232,145
AGEAS0.037,774
AGNC INVESTMENT CORP0.026,720
AIA GROUP LTD0.38102,421
AIB GROUP PLC0.011,679
ALLEGHANY CORP0.026,669
ALLIANZ SE-REG0.3080,503
ALLSTATE CORP0.1026,043
ALLY FINANCIAL INC0.038,982
AMERICAN EXPRESS CO0.2363,459
AMERICAN INTERNATIONAL GROUP0.1437,171
AMERIPRISE FINANCIAL INC0.0615,232
AMUNDI SA0.013,312
ANNALY CAPITAL MANAGEMENT IN0.039,212
AON PLC0.1437,517
AOZORA BANK LTD0.011,399
ARCH CAPITAL GROUP LTD0.0410,875
ARTHUR J GALLAGHER & CO0.0411,721
ASHMORE GROUP PLC0.011,841
ASR NEDERLAND NV0.013,276
ASSICURAZIONI GENERALI0.0719,829
ASSURANT INC0.024,755
AVIVA PLC0.0615,544
AXA EQUITABLE HOLDINGS INC0.024,156
AXA SA0.1439,271
AXIS CAPITAL HOLDINGS LTD0.012,866
BALOISE HOLDING AG - REG0.037,258
BANCA MEDIOLANUM SPA0.001,310
BANCO BILBAO VIZCAYA ARGENTA0.1129,804
BANCO BPM SPA0.013,044
BANCO DE SABADELL SA0.024,375
BANCO SANTANDER SA0.2260,069
BANK HAPOALIM BM0.025,685
BANK LEUMI LE-ISRAEL0.039,330
BANK OF AMERICA CORP0.76206,658
BANK OF EAST ASIA LTD0.013,952
BANK OF IRELAND GROUP PLC0.013,679
BANK OF KYOTO LTD/THE0.001,299
BANK OF MONTREAL0.1438,283
BANK OF NEW YORK MELLON CORP0.1231,955
BANK OF NOVA SCOTIA0.1952,340
BANK PEKAO SA0.024,286
BANKIA SA0.013,421
BANKINTER SA0.024,133
BANQUE CANTONALE VAUDOIS-REG0.001,337
BARCLAYS PLC0.1026,911
BB&T CORP0.1129,574
BERKSHIRE HATHAWAY INC-CL A0.2979,324
BERKSHIRE HATHAWAY INC-CL B0.86234,752
BLACKROCK INC0.1744,957
BNK FINANCIAL GROUP INC0.001,110
BNP PARIBAS0.1541,256
BOC HONG KONG HOLDINGS LTD0.0410,671
BROWN & BROWN INC0.024,942
CAIXABANK SA0.038,716
CAN IMPERIAL BK OF COMMERCE0.1026,584
CAPITAL ONE FINANCIAL CORP0.1334,385
CBOE GLOBAL MARKETS INC0.049,748
CHIBA BANK LTD/THE0.013,741
CHUBB LTD0.2053,809
CHUGOKU BANK LTD/THE0.001,117
CINCINNATI FINANCIAL CORP0.0512,999
CIT GROUP INC0.024,406
CITIGROUP INC0.48131,143
CITIZENS FINANCIAL GROUP0.0513,472
CME GROUP INC0.2055,385
CNA FINANCIAL CORP0.011,413
CNP ASSURANCES0.011,741
COMERICA INC0.0410,012
COMMERCE BANCSHARES INC0.024,252
COMMERZBANK AG0.025,206
CONCORDIA FINANCIAL GROUP LT0.024,822
CREDIT AGRICOLE SA0.0412,201
CREDIT SAISON CO LTD0.00876
CREDIT SUISSE GROUP AG-REG0.0924,104
CYBG PLC0.011,561
DAI-ICHI LIFE HOLDINGS INC0.0512,813
DAISHI HOKUETSU FINANCIAL GR0.00868
DAIWA SECURITIES GROUP INC0.026,139
DANSKE BANK A/S0.039,091
DB INSURANCE CO LTD0.001,093
DBS GROUP HOLDINGS LTD0.1027,585
DEUTSCHE BANK AG-REGISTERED0.0411,601
DEUTSCHE BOERSE AG0.0820,577
DIRECT LINE INSURANCE GROUP0.013,295
DISCOVER FINANCIAL SERVICES0.0719,853
DNB ASA0.0616,039
E*TRADE FINANCIAL CORP0.038,169
ERSTE GROUP BANK AG0.039,311
EURAZEO SE0.013,475
EVEREST RE GROUP LTD0.038,088
EXOR NV0.024,904
FAIRFAX FINANCIAL HLDGS LTD0.0410,842
FIDELITY NATIONAL FINANCIAL0.039,291
FIFTH THIRD BANCORP0.0718,081
FINECOBANK SPA0.025,621
FIRST INTL BANK ISRAEL0.013,443
FIRST REPUBLIC BANK/CA0.0512,597
FRANKLIN RESOURCES INC0.037,661
FUKUOKA FINANCIAL GROUP INC0.011,505
FUYO GENERAL LEASE CO LTD0.011,393
GJENSIDIGE FORSIKRING ASA0.012,579
GOLDMAN SACHS GROUP INC0.2157,140
GREAT-WEST LIFECO INC0.025,755
GRENKE AG0.013,221
GROUPE BRUXELLES LAMBERT SA0.026,682
GUNMA BANK LTD/THE0.00915
HACHIJUNI BANK LTD/THE0.001,181
HANA FINANCIAL GROUP0.038,145
HANG SENG BANK LTD0.0615,341
HANNOVER RUECK SE0.037,185
HARGREAVES LANSDOWN PLC0.024,657
HARTFORD FINANCIAL SVCS GRP0.0514,598
HELVETIA HOLDING AG-REG0.014,045
HIROSHIMA BANK LTD/THE0.00933
HISCOX LTD0.024,368
HITACHI CAPITAL CORP0.001,106
HOKUHOKU FINANCIAL GROUP INC0.00960
HONG KONG EXCHANGES & CLEAR0.1233,354
HSBC HOLDINGS PLC0.48130,593
HUNTINGTON BANCSHARES INC0.0411,448
HYUNDAI MARINE & FIRE INS CO0.00924
IGM FINANCIAL INC0.012,682
INDUSTRIAL BANK OF KOREA0.013,392
INDUSTRIVARDEN AB-A SHS0.024,818
INDUSTRIVARDEN AB-C SHS0.011,883
ING GROEP NV0.1334,305
INTACT FINANCIAL CORP0.0410,806
INTERCONTINENTAL EXCHANGE IN0.1437,179
INTESA SANPAOLO0.0924,078
INVESCO LTD0.037,025
INVESTEC PLC0.013,941
INVESTOR AB-A SHS0.026,544
INVESTOR AB-B SHS0.0615,070
ISRAEL DISCOUNT BANK-A0.024,545
IYO BANK LTD/THE0.001,012
JANUS HENDERSON GROUP PLC0.013,499
JAPAN EXCHANGE GROUP INC0.037,425
JAPAN POST BANK CO LTD0.024,551
JAPAN POST HOLDINGS CO LTD0.0411,485
JAPAN POST INSURANCE CO LTD0.012,124
JEFFERIES FINANCIAL GROUP IN0.024,468
JPMORGAN CHASE & CO1.08293,425
JULIUS BAER GROUP LTD0.037,391
JYSKE BANK-REG0.00853
KB FINANCIAL GROUP INC0.0512,510
KBC GROUP NV0.0615,222
KEYCORP0.0513,212
KINNEVIK AB - B0.025,179
KOREA INVESTMENT HOLDINGS CO0.011,444
KYUSHU FINANCIAL GROUP INC0.001,054
LEGAL & GENERAL GROUP PLC0.0616,282
LINCOLN NATIONAL CORP0.0411,480
LLOYDS BANKING GROUP PLC0.1541,093
LONDON STOCK EXCHANGE GROUP0.0718,199
LUNDBERGS AB-B SHS0.00744
M & T BANK CORP0.0718,202
MANULIFE FINANCIAL CORP0.1128,555
MAPFRE SA0.013,113
MARKEL CORP0.0512,432
MARSH & MCLENNAN COS0.1540,800
MBANK SA0.011,422
MEBUKI FINANCIAL GROUP INC0.011,958
MEDIOBANCA SPA0.025,681
METLIFE INC0.1233,037
MIRAE ASSET DAEWOO CO LTD0.013,715
MITSUBISHI UFJ FINANCIAL GRO0.1747,351
MITSUBISHI UFJ LEASE & FINAN0.011,496
MIZRAHI TEFAHOT BANK LTD0.012,361
MIZUHO FINANCIAL GROUP INC0.1130,134
MOODY'S CORP0.1026,528
MORGAN STANLEY0.1643,906
MS&AD INSURANCE GROUP HOLDIN0.0512,729
MSCI INC0.0615,512
MUENCHENER RUECKVER AG-REG0.1130,110
NASDAQ INC0.049,937
NATIONAL BANK OF CANADA0.0512,822
NATIXIS0.013,124
NEW YORK COMMUNITY BANCORP0.013,003
NH INVESTMENT & SECURITIES C0.012,338
NISHI-NIPPON FINANCIAL HOLDI0.00851
NN GROUP NV0.0410,232
NOMURA HOLDINGS INC0.0410,150
NORDEA BANK ABP0.0717,677
NORTH PACIFIC BANK LTD0.00979
NORTHERN TRUST CORP0.0513,674
OLD REPUBLIC INTL CORP0.024,538
ORIX CORP0.0514,559
OVERSEA-CHINESE BANKING CORP0.0822,208
PARGESA HOLDING SA-BR0.001,310
PARTNERS GROUP HOLDING AG0.049,713
PEOPLE'S UNITED FINANCIAL0.025,086
PHOENIX GROUP HOLDINGS PLC0.013,156
PKO BANK POLSKI SA0.026,658
PNC FINANCIAL SERVICES GROUP0.1848,873
POSTE ITALIANE SPA0.024,558
POWER FINANCIAL CORP0.013,966
POWSZECHNY ZAKLAD UBEZPIECZE0.013,736
PRINCIPAL FINANCIAL GROUP0.0411,463
PROGRESSIVE CORP0.1336,559
PRUDENTIAL FINANCIAL INC0.1233,972
PRUDENTIAL PLC0.1643,954
QUILTER PLC0.013,306
RAIFFEISEN BANK INTERNATIONA0.013,382
RAYMOND JAMES FINANCIAL INC0.037,779
REGIONS FINANCIAL CORP0.0512,842
RENAISSANCERE HOLDINGS LTD0.026,337
RESONA HOLDINGS INC0.037,981
ROYAL BANK OF CANADA0.3388,741
ROYAL BANK OF SCOTLAND GROUP0.039,502
RSA INSURANCE GROUP PLC0.026,308
S&P GLOBAL INC0.1644,691
SAMPO OYJ-A SHS0.0718,873
SAMSUNG FIRE & MARINE INS0.026,256
SAMSUNG LIFE INSURANCE CO LT0.013,828
SAMSUNG SECURITIES CO LTD0.011,488
SANTANDER BANK POLSKA SA0.001,315
SANTANDER CONSUMER USA HOLDI0.011,478
SBI HOLDINGS INC0.025,317
SCHRODERS PLC0.024,611
SCHWAB (CHARLES) CORP0.1438,609
SCOR SE0.025,662
SEI INVESTMENTS COMPANY0.025,982
SEVEN BANK LTD0.012,447
SHINHAN FINANCIAL GROUP LTD0.0513,279
SHINSEI BANK LTD0.013,207
SHIZUOKA BANK LTD/THE0.024,152
SINGAPORE EXCHANGE LTD0.014,062
SKANDINAVISKA ENSKILDA BAN-A0.037,918
SKANDINAVISKA ENSKILDA BAN-C0.013,246
SOCIETE GENERALE SA0.0514,943
SOFINA0.001,218
SOMPO HOLDINGS INC0.0412,080
SONY FINANCIAL HOLDINGS INC0.013,630
ST JAMES'S PLACE PLC0.025,720
STANDARD CHARTERED PLC0.0719,150
STANDARD LIFE ABERDEEN PLC0.036,976
STATE STREET CORP0.0717,909
SUMITOMO MITSUI FINANCIAL GR0.1437,023
SUMITOMO MITSUI TRUST HOLDIN0.0410,596
SUN LIFE FINANCIAL INC0.0720,188
SUNTRUST BANKS INC0.0822,961
SVB FINANCIAL GROUP0.0410,552
SVENSKA HANDELSBANKEN-A SHS0.0412,123
SWEDBANK AB - A SHARES0.0512,558
SWISS LIFE HOLDING AG-REG0.0512,376
SWISS RE AG0.0923,864
SYNCHRONY FINANCIAL0.0719,305
T ROWE PRICE GROUP INC0.0720,141
T&D HOLDINGS INC0.025,197
TALANX AG0.012,406
TD AMERITRADE HOLDING CORP0.0410,925
TOKAI TOKYO FINANCIAL HOLDIN0.011,590
TOKIO MARINE HOLDINGS INC0.1027,811
TOKYO CENTURY CORP0.001,071
TORCHMARK CORP0.026,529
TORONTO-DOMINION BANK0.3184,067
TRAVELERS COS INC/THE0.1232,271
TRYG A/S0.012,425
UBI BANCA SPA0.012,924
UBS GROUP AG-REG0.1232,293
UNICREDIT SPA0.0821,542
UNIPOLSAI ASSICURAZIONI SPA0.013,117
UNITED OVERSEAS BANK LTD0.0719,526
UNUM GROUP0.025,975
US BANCORP0.2362,891
VIENNA INSURANCE GROUP AG0.013,438
VOYA FINANCIAL INC0.025,866
WELLS FARGO & CO0.56152,921
WENDEL0.013,982
WILLIS TOWERS WATSON PLC0.0719,073
WOORI FINANCIAL GROUP INC0.025,663
WR BERKLEY CORP0.037,340
YAMAGUCHI FINANCIAL GROUP IN0.001,036
ZENKOKU HOSHO CO LTD0.001,277
ZIONS BANCORP NA0.026,783
ZURICH INSURANCE GROUP AG0.1541,455
ABBOTT LABORATORIES0.41111,811
ABBVIE INC0.3287,974
ABIOMED INC0.038,579
AGILENT TECHNOLOGIES INC0.0719,706
ALCON INC0.0720,292
ALEXION PHARMACEUTICALS INC0.0923,244
ALFRESA HOLDINGS CORP0.024,151
ALIGN TECHNOLOGY INC0.0717,902
ALKERMES PLC0.013,740
ALLERGAN PLC0.1643,176
ALNYLAM PHARMACEUTICALS INC0.024,999
AMBU A/S-B0.012,027
AMERISOURCEBERGEN CORP0.039,261
AMGEN INC0.3491,588
ANTHEM INC0.2158,117
ASAHI INTECC CO LTD0.024,099
ASTELLAS PHARMA INC0.0822,249
ASTRAZENECA PLC0.3184,497
BAUSCH HEALTH COS INC0.037,007
BAXTER INTERNATIONAL INC0.1231,398
BAYER AG-REG0.1849,884
BECTON DICKINSON AND CO0.1951,929
BIOGEN INC0.1437,496
BIOMARIN PHARMACEUTICAL INC0.0411,207
BIOMERIEUX0.013,387
BOSTON SCIENTIFIC CORP0.1847,615
BRISTOL-MYERS SQUIBB CO0.2259,443
CARDINAL HEALTH INC0.0410,957
CARL ZEISS MEDITEC AG - BR0.012,871
CELGENE CORP0.1952,340
CELLTRION HEALTHCARE CO LTD0.012,276
CELLTRION INC0.0410,118
CENTENE CORP0.0616,412
CERNER CORP0.0718,184
CHUGAI PHARMACEUTICAL CO LTD0.0410,893
CIGNA CORP0.1746,498
COLOPLAST-B0.0411,279
CONVATEC GROUP PLC0.011,438
COOPER COS INC/THE0.0512,934
COVETRUS INC0.00663
CVS HEALTH CORP0.2055,718
DAIICHI SANKYO CO LTD0.1028,125
DANAHER CORP0.2669,638
DAVITA INC0.024,899
DEMANT A/S0.011,655
DENTSPLY SIRONA INC0.039,468
DEXCOM INC0.0410,215
DIASORIN SPA0.012,106
EDWARDS LIFESCIENCES CORP0.1130,718
EISAI CO LTD0.0411,881
ELANCO ANIMAL HEALTH INC0.049,820
ELEKTA AB-B SHS0.024,947
ELI LILLY & CO0.2977,993
EUROFINS SCIENTIFIC0.024,489
FISHER & PAYKEL HEALTHCARE C0.024,988
FRESENIUS MEDICAL CARE AG &0.0512,954
FRESENIUS SE & CO KGAA0.0617,022
GALAPAGOS NV0.024,628
GENMAB A/S0.038,591
GILEAD SCIENCES INC0.2566,836
GLAXOSMITHKLINE PLC0.2877,122
GN STORE NORD A/S0.024,901
GRIFOLS SA0.026,093
GRIFOLS SA - B0.025,447
H LUNDBECK A/S0.011,675
HANMI PHARM CO LTD0.001,097
HANMI SCIENCE CO LTD0.00817
HCA HEALTHCARE INC0.1129,448
HELIXMITH CO LTD0.011,668
HENRY SCHEIN INC0.039,422
HIKMA PHARMACEUTICALS PLC0.013,276
HISAMITSU PHARMACEUTICAL CO0.001,352
HOLOGIC INC0.0410,006
HOYA CORP0.0821,342
HUMANA INC0.1028,085
IDEXX LABORATORIES INC0.0720,187
ILLUMINA INC0.1643,611
INCYTE CORP0.0411,868
INTUITIVE SURGICAL INC0.1746,446
IPSEN0.012,540
IQVIA HOLDINGS INC0.0822,643
JAZZ PHARMACEUTICALS PLC0.026,310
JOHNSON & JOHNSON1.08293,094
KAKEN PHARMACEUTICAL CO LTD0.001,204
KONINKLIJKE PHILIPS NV0.1232,893
KYOWA HAKKO KIRIN CO LTD0.012,679
LABORATORY CRP OF AMER HLDGS0.0512,942
LONZA GROUP AG-REG0.0820,409
M3 INC0.025,148
MCKESSON CORP0.0720,161
MEDICLINIC INTERNATIONAL PLC0.00326
MEDIPAL HOLDINGS CORP0.014,050
MEDTRONIC PLC0.38104,005
MEDY-TOX INC0.011,451
MERCK & CO. INC.0.64172,845
MERCK KGAA0.0410,668
METTLER-TOLEDO INTERNATIONAL0.0615,262
MITSUBISHI TANABE PHARMA0.012,925
MYLAN NV0.037,683
NIHON KOHDEN CORP0.001,126
NIPPON SHINYAKU CO LTD0.024,227
NIPRO CORP0.001,106
NMC HEALTH PLC0.001,217
NOVARTIS AG-REG0.57155,903
NOVO NORDISK A/S-B0.2567,012
OLYMPUS CORP0.0410,516
ONO PHARMACEUTICAL CO LTD0.026,538
ORION OYJ-CLASS B0.011,845
ORPEA0.013,955
OTSUKA HOLDINGS CO LTD0.0410,911
PEPTIDREAM INC0.013,891
PERRIGO CO PLC0.024,613
PFIZER INC0.72196,753
QIAGEN N.V.0.037,004
QUEST DIAGNOSTICS INC0.0411,363
RECORDATI SPA0.013,122
REGENERON PHARMACEUTICALS0.0719,220
RESMED INC0.0513,147
ROCHE HOLDING AG-BR0.0513,651
ROCHE HOLDING AG-GENUSSCHEIN0.54145,544
ROHTO PHARMACEUTICAL CO LTD0.001,153
RYMAN HEALTHCARE LTD0.011,475
SAMSUNG BIOLOGICS CO LTD0.013,118
SANOFI0.2774,615
SANTEN PHARMACEUTICAL CO LTD0.025,492
SARTORIUS AG-VORZUG0.024,233
SARTORIUS STEDIM BIOTECH0.024,150
SAWAI PHARMACEUTICAL CO LTD0.001,359
SHIONOGI & CO LTD0.0512,934
SIEMENS HEALTHINEERS AG0.013,756
SILLAJEN INC0.00956
SMITH & NEPHEW PLC0.0514,077
SONOVA HOLDING AG-REG0.049,542
STRAUMANN HOLDING AG-REG0.026,560
STRYKER CORP0.2156,067
SUMITOMO DAINIPPON PHARMA CO0.011,937
SUZUKEN CO LTD0.013,932
SWEDISH ORPHAN BIOVITRUM AB0.024,118
SYSMEX CORP0.0410,517
TAISHO PHARMACEUTICAL HOLDIN0.013,966
TAKEDA PHARMACEUTICAL CO LTD0.1541,380
TELEFLEX INC0.0512,887
TERUMO CORP0.0616,316
TEVA PHARMACEUTICAL IND LTD0.037,559
THERMO FISHER SCIENTIFIC INC0.3492,913
TSUMURA & CO0.001,166
UCB SA0.039,200
UNITEDHEALTH GROUP INC0.67181,612
UNIVERSAL HEALTH SERVICES-B0.039,490
VARIAN MEDICAL SYSTEMS INC0.0410,359
VEEVA SYSTEMS INC-CLASS A0.0615,956
VERTEX PHARMACEUTICALS INC0.1437,365
VIFOR PHARMA AG0.024,922
WATERS CORP0.0412,119
WELLCARE HEALTH PLANS INC0.049,925
YUHAN CORP0.011,391
ZIMMER BIOMET HOLDINGS INC0.0720,019
ZOETIS INC0.1643,958
ACUITY BRANDS INC0.024,820
ADECCO GROUP AG-REG0.036,950
ADP0.025,106
AENA SME SA0.0410,788
AERCAP HOLDINGS NV0.025,320
AGC INC0.025,455
AICA KOGYO CO LTD0.001,130
AIR FRANCE-KLM0.001,134
ALASKA AIR GROUP INC0.001,241
ALLEGION PLC0.037,971
ALSTOM0.025,314
AMADA HOLDINGS CO LTD0.013,308
AMERICAN AIRLINES GROUP INC0.013,628
ANA HOLDINGS INC0.024,114
ANDRITZ AG0.011,467
ARCONIC INC0.038,048
ASHTEAD GROUP PLC0.049,601
ASSA ABLOY AB-B0.0615,440
ATLANTIA SPA0.0410,795
ATLAS COPCO AB-A SHS0.0514,445
ATLAS COPCO AB-B SHS0.0410,462
AUCKLAND INTL AIRPORT LTD0.024,320
BENEFIT ONE INC0.011,450
BOC AVIATION LTD0.011,449
BOSKALIS WESTMINSTER0.00998
BRENNTAG AG0.025,155
BUNZL PLC0.036,926
C.H. ROBINSON WORLDWIDE INC0.037,973
CANADIAN NATL RAILWAY CO0.2053,866
CANADIAN PACIFIC RAILWAY LTD0.0925,335
CATERPILLAR INC0.2362,019
CENTRAL JAPAN RAILWAY CO0.1027,860
CINTAS CORP0.0617,153
CJ CORP0.00917
CNH INDUSTRIAL NV0.038,869
COMFORTDELGRO CORP LTD0.024,274
COMSYS HOLDINGS CORP0.001,257
COPART INC0.0512,966
COSTAR GROUP INC0.0616,406
CSX CORP0.1746,895
CUMMINS INC0.0719,642
DAI NIPPON PRINTING CO LTD0.026,045
DAIFUKU CO LTD0.025,626
DCC PLC0.036,955
DEERE & CO0.1542,129
DELTA AIR LINES INC0.026,742
DEUTSCHE LUFTHANSA-REG0.013,432
DEUTSCHE POST AG-REG0.0925,674
DKSH HOLDING AG0.001,027
DMG MORI CO LTD0.011,393
DOVER CORP0.0412,175
DSV A/S0.0513,900
EAST JAPAN RAILWAY CO0.1026,372
EASYJET PLC0.012,906
EDENRED0.049,982
ELIS SA0.013,474
EPIROC AB-A0.026,380
EPIROC AB-B0.011,360
EQUIFAX INC0.0412,131
EXPEDITORS INTL WASH INC0.039,228
EXPERIAN PLC0.0821,381
FANUC CORP0.1028,498
FASTENAL CO0.0615,199
FEDEX CORP0.1231,493
FERGUSON PLC0.0512,607
FERROVIAL SA0.039,002
FISCHER (GEORG)-REG0.013,603
FLUGHAFEN ZURICH AG-REG0.013,986
FORTIVE CORP0.0718,577
FORTUNE BRANDS HOME & SECURI0.037,339
FRAPORT AG FRANKFURT AIRPORT0.011,497
FUJIKURA LTD0.00862
FUKUYAMA TRANSPORTING CO LTD0.013,359
FURUKAWA ELECTRIC CO LTD0.001,231
G4S PLC0.024,106
GEA GROUP AG0.013,470
GEBERIT AG-REG0.0512,797
GETLINK SE0.025,150
GLORY LTD0.012,432
GS YUASA CORP0.00976
HANKYU HANSHIN HOLDINGS INC0.026,221
HAPAG-LLOYD AG0.012,650
HDC HOLDINGS CO LTD0.00401
HDC HYUNDAI DEVELOPMENT CO-E0.00462
HINO MOTORS LTD0.00969
HITACHI TRANSPORT SYSTEM LTD0.013,204
HOCHTIEF AG0.001,240
HOSHIZAKI CORP0.024,328
HOWDEN JOINERY GROUP PLC0.013,575
HUNT (JB) TRANSPRT SVCS INC0.025,127
HUTCHISON PORT HOLDINGS TR-U0.001,279
HYUNDAI GLOVIS CO LTD0.011,559
IHS MARKIT LTD0.0718,877
ILLINOIS TOOL WORKS0.1438,811
INGERSOLL-RAND PLC0.0924,696
INTL CONSOLIDATED AIRLINE-DI0.012,811
INVESTMENT AB LATOUR-B SHS0.012,090
ISS A/S0.025,121
JAPAN AIRLINES CO LTD0.012,394
JAPAN AIRPORT TERMINAL CO0.012,528
JARDINE STRATEGIC HLDGS LTD0.024,739
JOHNSON CONTROLS INTERNATION0.1128,979
JOHNSON ELECTRIC HOLDINGS0.011,403
JTEKT CORP0.001,233
KAJIMA CORP0.024,925
KAMIGUMI CO LTD0.012,717
KANSAS CITY SOUTHERN0.049,940
KAWASAKI KISEN KAISHA LTD0.00937
KCC CORP0.001,018
KEIHAN HOLDINGS CO LTD0.012,512
KEIKYU CORP0.013,430
KEIO CORP0.025,447
KEISEI ELECTRIC RAILWAY CO0.024,806
KEPPEL CORP LTD0.026,516
KINDEN CORP0.001,283
KINGSPAN GROUP PLC0.026,097
KINTETSU GROUP HOLDINGS CO L0.026,348
KION GROUP AG0.024,176
KONE OYJ-B0.0616,576
KOREAN AIR LINES CO LTD0.001,281
KUBOTA CORP0.0513,890
KUEHNE + NAGEL INTL AG-REG0.026,287
KURITA WATER INDUSTRIES LTD0.011,458
KYOWA EXEO CORP0.001,230
KYUDENKO CORP0.001,261
KYUSHU RAILWAY COMPANY0.025,090
LEGRAND SA0.0615,443
LG CORP0.024,095
LIXIL GROUP CORP0.013,499
LOTTE CORP0.001,114
MABUCHI MOTOR CO LTD0.001,168
MAEDA ROAD CONSTRUCTION CO0.013,164
MAKITA CORP0.025,765
MANPOWERGROUP INC0.026,079
MASCO CORP0.049,926
METSO OYJ0.024,407
MINEBEA MITSUMI INC0.025,594
MISUMI GROUP INC0.026,190
MITSUBISHI LOGISTICS CORP0.011,581
MITSUI OSK LINES LTD0.012,259
MIURA CO LTD0.011,534
MONOTARO CO LTD0.001,228
MTR CORP0.038,021
MTU AERO ENGINES AG0.039,134
NABTESCO CORP0.012,382
NAGASE & CO LTD0.001,252
NAGOYA RAILROAD CO LTD0.013,665
NANKAI ELECTRIC RAILWAY CO0.011,406
NIBE INDUSTRIER AB-B SHS0.024,402
NIDEC CORP0.1027,754
NIELSEN HOLDINGS PLC0.026,608
NIHON M&A CENTER INC0.013,286
NIPPON EXPRESS CO LTD0.012,253
NIPPON YUSEN KK0.012,829
NISHI-NIPPON RAILROAD CO LTD0.001,065
NORFOLK SOUTHERN CORP0.1541,368
NSK LTD0.013,853
NTN CORP0.00988
NVENT ELECTRIC PLC0.013,542
NWS HOLDINGS LTD0.013,716
OC OERLIKON CORP AG-REG0.001,066
ODAKYU ELECTRIC RAILWAY CO0.026,288
OKUMA CORP0.001,343
OLD DOMINION FREIGHT LINE0.037,011
OSG CORP0.001,168
OSRAM LICHT AG0.011,496
PACCAR INC0.0718,132
PARK24 CO LTD0.013,434
PERSOL HOLDINGS CO LTD0.013,919
RANDSTAD NV0.013,993
RATIONAL AG0.001,130
RECRUIT HOLDINGS CO LTD0.1130,548
RELX PLC0.1336,058
RENTOKIL INITIAL PLC0.037,223
REPUBLIC SERVICES INC0.0615,458
REXEL SA0.013,594
ROBERT HALF INTL INC0.024,845
ROCKWELL AUTOMATION INC0.0616,323
ROCKWOOL INTL A/S-B SHS0.00788
ROLLINS INC0.024,192
ROYAL MAIL PLC0.001,276
S-1 CORPORATION0.011,402
SAMSUNG ENGINEERING CO LTD0.001,292
SAMSUNG HEAVY INDUSTRIES0.011,425
SANKYU INC0.001,306
SANWA HOLDINGS CORP0.001,254
SATS LTD0.011,601
SCHINDLER HOLDING AG-REG0.011,708
SCHINDLER HOLDING-PART CERT0.039,318
SECOM CO LTD0.0514,165
SECURITAS AB-B SHS0.024,391
SEIBU HOLDINGS INC0.013,601
SEINO HOLDINGS CO LTD0.001,132
SEMBCORP INDUSTRIES LTD0.00511
SENSATA TECHNOLOGIES HOLDING0.025,769
SG HOLDINGS CO LTD0.025,644
SHO-BOND HOLDINGS CO LTD0.012,951
SIGNIFY NV0.011,360
SINGAPORE AIRLINES LTD0.013,580
SKANSKA AB-B SHS0.026,123
SKF AB-B SHARES0.025,929
SMC CORP0.0719,111
SMITHS GROUP PLC0.026,393
SNAP-ON INC0.026,779
SOCIETE BIC SA0.001,101
SOHGO SECURITY SERVICES CO0.011,541
SOTETSU HOLDINGS INC0.001,145
SOUTHWEST AIRLINES CO0.025,767
SPIRAX-SARCO ENGINEERING PLC0.037,063
STANLEY BLACK & DECKER INC0.0718,630
TECHNOPRO HOLDINGS INC0.011,808
TECHTRONIC INDUSTRIES CO LTD0.026,289
TELEPERFORMANCE0.049,832
THK CO LTD0.001,233
THOMSON REUTERS CORP0.039,387
TOBU RAILWAY CO LTD0.024,101
TODA CORP0.012,076
TOKYU CORP0.025,932
TOTO LTD0.013,680
TRANSUNION0.0411,196
TRAVIS PERKINS PLC0.013,367
TRELLEBORG AB-B SHS0.013,156
UNION PACIFIC CORP0.3697,154
UNITED CONTINENTAL HOLDINGS0.025,915
UNITED PARCEL SERVICE-CL B0.2054,838
USHIO INC0.001,306
VERISK ANALYTICS INC0.0719,274
VESTAS WIND SYSTEMS A/S0.0512,527
VOLVO AB-B SHS0.0718,742
WABTEC CORP0.039,433
WARTSILA OYJ ABP0.024,645
WASTE CONNECTIONS INC0.0719,940
WASTE MANAGEMENT INC0.1437,690
WEST JAPAN RAILWAY CO0.0410,638
WOLTERS KLUWER0.0616,015
WW GRAINGER INC0.049,553
XPO LOGISTICS INC0.025,005
XYLEM INC0.0513,218
YAMATO HOLDINGS CO LTD0.024,774
ZARDOYA OTIS SA0.001,026
AAC TECHNOLOGIES HOLDINGS IN0.013,148
ACCENTURE PLC-CL A0.3493,440
ADOBE INC0.43115,800
ADVANCED MICRO DEVICES0.0822,599
ADVANTEST CORP0.024,301
ADYEN NV0.026,381
AKAMAI TECHNOLOGIES INC0.039,259
ALLIANCE DATA SYSTEMS CORP0.025,560
ALPS ALPINE CO LTD0.013,403
AMADEUS IT GROUP SA0.0925,055
AMDOCS LTD0.037,336
ANALOG DEVICES INC0.1232,399
APPLE INC2.76749,282
APPLIED MATERIALS INC0.1233,920
ARISTA NETWORKS INC0.0411,424
ARROW ELECTRONICS INC0.025,343
ASM PACIFIC TECHNOLOGY0.011,598
ASML HOLDING NV0.2567,925
ATLASSIAN CORP PLC-CLASS A0.0411,909
AUTODESK INC0.1129,139
AUTOMATIC DATA PROCESSING0.2157,239
AVNET INC0.013,600
AZBIL CORP0.011,651
BROADCOM INC0.3596,265
BROADRIDGE FINANCIAL SOLUTIO0.0411,416
BROTHER INDUSTRIES LTD0.013,807
CADENCE DESIGN SYS INC0.0615,554
CANON INC0.0923,179
CDK GLOBAL INC0.013,917
CDW CORP/DE0.0513,915
CGI INC0.0615,890
CHECK POINT SOFTWARE TECH0.049,928
CISCO SYSTEMS INC0.71194,133
CITIZEN WATCH CO LTD0.00986
CITRIX SYSTEMS INC0.0410,532
COGNIZANT TECH SOLUTIONS-A0.1128,603
CONSTELLATION SOFTWARE INC0.0513,853
CORNING INC0.0822,384
DELL TECHNOLOGIES -C0.026,570
DISCO CORP0.024,267
DXC TECHNOLOGY CO0.0411,398
ERICSSON LM-A SHS0.025,346
ERICSSON LM-B SHS0.0617,213
F5 NETWORKS INC0.026,632
FIDELITY NATIONAL INFO SERV0.1232,137
FISERV INC0.1028,001
FLEETCOR TECHNOLOGIES INC0.0717,705
FLEX LTD0.024,491
FORTINET INC0.038,149
FUJIFILM HOLDINGS CORP0.0514,196
FUJITSU LTD0.0411,439
GARTNER INC0.0412,155
GLOBAL PAYMENTS INC0.0820,914
GMO PAYMENT GATEWAY INC0.013,400
GODADDY INC - CLASS A0.0410,232
HALMA PLC0.037,394
HAMAMATSU PHOTONICS KK0.024,881
HEWLETT PACKARD ENTERPRISE0.0617,588
HIROSE ELECTRIC CO LTD0.025,680
HITACHI HIGH-TECHNOLOGIES CO0.013,453
HP INC0.0925,766
IBIDEN CO LTD0.011,888
INFINEON TECHNOLOGIES AG0.0615,998
INGENICO GROUP0.024,296
INTEL CORP0.62168,895
INTL BUSINESS MACHINES CORP0.3799,446
INTUIT INC0.1952,465
ITOCHU TECHNO-SOLUTIONS CORP0.011,501
JABIL INC0.024,297
JAPAN AVIATION ELECTRONICS0.001,248
JUNIPER NETWORKS INC0.037,118
KEYENCE CORP0.1643,141
KEYSIGHT TECHNOLOGIES IN0.0512,668
KLA-TENCOR CORP0.0616,471
KONICA MINOLTA INC0.024,213
KYOCERA CORP0.0616,837
LAM RESEARCH CORP0.0822,025
LENOVO GROUP LTD0.013,563
LG DISPLAY CO LTD0.013,296
LOGITECH INTERNATIONAL-REG0.024,212
MARVELL TECHNOLOGY GROUP LTD0.0411,051
MASTERCARD INC - A0.69188,867
MAXIM INTEGRATED PRODUCTS0.0512,872
MICRO FOCUS INTERNATIONAL0.038,147
MICROCHIP TECHNOLOGY INC0.0617,016
MICRON TECHNOLOGY INC0.1336,471
MICROSOFT CORP2.96805,231
MOTOROLA SOLUTIONS INC0.0820,965
MURATA MANUFACTURING CO LTD0.0821,965
NEC CORP0.036,842
NETAPP INC0.0411,591
NICE LTD0.036,800
NIHON UNISYS LTD0.011,928
NIPPON ELECTRIC GLASS CO LTD0.00845
NOKIA OYJ0.0821,247
NOMURA RESEARCH INSTITUTE LT0.024,883
NTT DATA CORP0.026,428
NVIDIA CORP0.2876,496
NXP SEMICONDUCTORS NV0.1026,073
OBIC BUSINESS CONSULTANTS0.011,505
OBIC CO LTD0.037,495
OMRON CORP0.037,492
ORACLE CORP0.40109,292
ORACLE CORP JAPAN0.001,290
OTSUKA CORP0.014,042
PALO ALTO NETWORKS INC0.0615,307
PAYCHEX INC0.0821,448
PAYPAL HOLDINGS INC0.39106,172
PTC INC0.037,256
QORVO INC0.026,100
QUALCOMM INC0.2773,926
RED HAT INC0.0925,406
RENESAS ELECTRONICS CORP0.013,841
RENISHAW PLC0.001,284
RICOH CO LTD0.025,779
ROHM CO LTD0.024,612
SAGE GROUP PLC/THE0.0410,053
SALESFORCE.COM INC0.3287,629
SAMSUNG ELECTRO-MECHANICS CO0.024,633
SAMSUNG ELECTRONICS CO LTD0.54145,642
SAMSUNG ELECTRONICS-PREF0.0923,552
SAMSUNG SDI CO LTD0.038,303
SAMSUNG SDS CO LTD0.024,254
SAP SE0.39104,720
SCREEN HOLDINGS CO LTD0.00739
SCSK CORP0.001,240
SEAGATE TECHNOLOGY0.0410,781
SEIKO EPSON CORP0.012,480
SEMICONDUCTOR MANUFACTURING0.013,660
SERVICENOW INC0.1438,550
SHIMADZU CORP0.024,323
SHOPIFY INC - CLASS A0.0822,729
SK HYNIX INC0.0925,324
SKYWORKS SOLUTIONS INC0.0411,138
SPLUNK INC0.0615,518
SQUARE INC - A0.0616,256
SS&C TECHNOLOGIES HOLDINGS0.0410,357
STMICROELECTRONICS NV0.037,961
SUMCO CORP0.013,011
SYMANTEC CORP0.0410,467
SYNOPSYS INC0.0514,254
TAIYO YUDEN CO LTD0.001,047
TDK CORP0.026,766
TEMENOS AG - REG0.037,665
TEXAS INSTRUMENTS INC0.3388,398
TIS INC0.024,293
TOKYO ELECTRON LTD0.0616,822
TOPCON CORP0.00975
TOTAL SYSTEM SERVICES INC0.0717,743
TOWER SEMICONDUCTOR LTD0.001,015
TREND MICRO INC0.024,401
TRIMBLE INC0.038,395
ULVAC INC0.001,092
VENTURE CORP LTD0.013,402
VERISIGN INC0.0616,561
VISA INC-CLASS A SHARES0.88238,674
VMWARE INC-CLASS A0.038,445
VTECH HOLDINGS LTD0.001,029
WESTERN DIGITAL CORP0.0411,736
WESTERN UNION CO0.026,271
WIRECARD AG0.0616,228
WORKDAY INC-CLASS A0.0925,379
WORLDLINE SA0.024,569
WORLDPAY INC-CLASS A0.1129,241
XEROX CORP0.026,661
XILINX INC0.0924,188
XINYI SOLAR HOLDINGS LTD0.001,134
YASKAWA ELECTRIC CORP0.037,018
ACERINOX SA0.00920
AGNICO EAGLE MINES LTD0.049,931
AIR LIQUIDE SA0.1745,228
AIR PRODUCTS & CHEMICALS INC0.1438,164
AIR WATER INC0.011,400
AKZO NOBEL N.V.0.0617,213
ALBEMARLE CORP0.025,409
ALCOA CORP0.013,143
ANTOFAGASTA PLC0.013,307
ARKEMA0.025,908
ASAHI KASEI CORP0.0410,058
ASHLAND GLOBAL HOLDINGS INC0.013,832
AVERY DENNISON CORP0.038,290
BALL CORP0.0718,467
BARRICK GOLD CORP0.0821,628
BOLIDEN AB0.025,697
BUZZI UNICEM SPA0.001,206
CELANESE CORP0.0412,170
CF INDUSTRIES HOLDINGS INC0.037,522
CHR HANSEN HOLDING A/S0.026,711
CLARIANT AG-REG0.013,097
CORTEVA INC0.0717,721
COVESTRO AG0.026,782
CRH PLC0.0820,713
CRODA INTERNATIONAL PLC0.037,529
DAICEL CORP0.001,047
DAIDO STEEL CO LTD0.00946
DENKA CO LTD0.001,259
DIC CORP0.00882
DOW INC0.1130,039
DOWA HOLDINGS CO LTD0.012,674
DS SMITH PLC0.026,033
DUPONT DE NEMOURS INC0.1745,269
EASTMAN CHEMICAL CO0.049,599
ECOLAB INC0.1539,679
EMS-CHEMIE HOLDING AG-REG0.024,765
EVONIK INDUSTRIES AG0.024,304
FLETCHER BUILDING LTD0.011,700
FMC CORP0.0410,081
FP CORP0.012,545
FRESNILLO PLC0.00986
FUCHS PETROLUB SE0.00856
FUCHS PETROLUB SE -PREF0.012,703
FUJI SEAL INTERNATIONAL INC0.011,559
GIVAUDAN-REG0.0820,424
HANWHA CHEMICAL CORP0.011,744
HEIDELBERGCEMENT AG0.038,979
HITACHI CHEMICAL CO LTD0.012,907
HITACHI METALS LTD0.00749
HUHTAMAKI OYJ0.025,073
HYUNDAI STEEL CO0.001,076
IMERYS SA0.00550
INTERNATIONAL PAPER CO0.0615,205
INTL FLAVORS & FRAGRANCES0.0411,668
ISRAEL CHEMICALS LTD0.011,981
JOHNSON MATTHEY PLC0.026,591
JSR CORP0.012,656
K+S AG-REG0.013,769
KANEKA CORP0.00630
KANSAI PAINT CO LTD0.012,948
KGHM POLSKA MIEDZ SA0.024,351
KONINKLIJKE DSM NV0.0615,947
KOREA ZINC CO LTD0.013,775
KUMHO PETROCHEMICAL CO LTD0.001,208
KURARAY CO LTD0.013,969
LANXESS AG0.013,307
LG CHEM LTD0.036,973
LG CHEM LTD-PREFERENCE0.024,682
LINDE PLC0.3287,996
LOTTE CHEMICAL CORP0.013,249
LYONDELLBASELL INDU-CL A0.0720,064
MARTIN MARIETTA MATERIALS0.0410,644
MARUICHI STEEL TUBE LTD0.00460
MITSUBISHI CHEMICAL HOLDINGS0.036,963
MITSUBISHI MATERIALS CORP0.012,133
MITSUI CHEMICALS INC0.013,932
MMG LTD0.00574
MONDI PLC0.026,710
MOSAIC CO/THE0.038,024
NEWMONT GOLDCORP CORP0.1026,584
NIPPON KAYAKU CO LTD0.001,314
NIPPON PAINT HOLDINGS CO LTD0.025,170
NIPPON PAPER INDUSTRIES CO L0.001,314
NIPPON SHOKUBAI CO LTD0.001,097
NISSAN CHEMICAL CORP0.024,506
NITTO DENKO CORP0.025,319
NORSK HYDRO ASA0.014,030
NOVOZYMES A/S-B SHARES0.038,440
NUCOR CORP0.0412,231
NUTRIEN LTD0.0925,638
OCI CO LTD0.001,071
OCI NV0.001,086
OJI HOLDINGS CORP0.013,615
PACKAGING CORP OF AMERICA0.037,919
POLYMETAL INTERNATIONAL PLC0.011,873
POSCO0.0411,668
RENGO CO LTD0.001,176
SEALED AIR CORP0.025,600
SHERWIN-WILLIAMS CO/THE0.1130,775
SHIN-ETSU CHEMICAL CO LTD0.1129,734
SHOWA DENKO K K0.013,398
SMURFIT KAPPA GROUP PLC0.025,906
SOLVAY SA0.025,067
STEEL DYNAMICS INC0.024,668
STORA ENSO OYJ-R SHS0.026,076
SUMITOMO CHEMICAL CO LTD0.025,821
SUMITOMO METAL MINING CO LTD0.025,906
SUMITOMO OSAKA CEMENT CO LTD0.001,332
SVENSKA CELLULOSA AB SCA-B0.025,569
SYMRISE AG0.049,854
TAIHEIYO CEMENT CORP0.012,496
TEIJIN LTD0.011,422
TOKAI CARBON CO LTD0.00778
TOKUYAMA CORP0.001,140
TORAY INDUSTRIES INC0.038,120
TOYO SEIKAN GROUP HOLDINGS L0.024,353
TOYOBO CO LTD0.00921
VULCAN MATERIALS CO0.0513,637
WACKER CHEMIE AG0.00682
WESTLAKE CHEMICAL CORP0.001,029
WESTROCK CO0.026,489
WHEATON PRECIOUS METALS CORP0.039,427
YARA INTERNATIONAL ASA0.026,116
ZEON CORP0.011,385
AEON MALL CO LTD0.00878
ALEXANDRIA REAL ESTATE EQUIT0.0512,717
AMERICAN TOWER CORP0.2670,473
AROUNDTOWN SA0.024,885
ASCENDAS REAL ESTATE INV TRT0.024,995
AVALONBAY COMMUNITIES INC0.0821,210
AZRIELI GROUP LTD0.00806
BOSTON PROPERTIES INC0.0615,550
BRITISH LAND CO PLC0.025,301
CAPITAL & COUNTIES PROPERTIE0.001,044
CAPITALAND COMMERCIAL TRUST0.012,023
CAPITALAND LTD0.024,272
CAPITALAND MALL TRUST0.013,093
CASTELLUM AB0.013,307
CBRE GROUP INC - A0.0512,793
CHAMPION REIT0.011,438
CITY DEVELOPMENTS LTD0.013,574
CK ASSET HOLDINGS LTD0.0717,684
COVIVIO0.024,381
CROWN CASTLE INTL CORP0.1541,640
DAITO TRUST CONSTRUCT CO LTD0.026,436
DAIWA HOUSE INDUSTRY CO LTD0.0514,444
DERWENT LONDON PLC0.013,797
DEUTSCHE WOHNEN SE0.049,626
DIGITAL REALTY TRUST INC0.0718,641
DUKE REALTY CORP0.038,345
EQUINIX INC0.1232,733
EQUITY RESIDENTIAL0.0720,287
ESSEX PROPERTY TRUST INC0.0514,422
EXTRA SPACE STORAGE INC0.0411,160
FASTIGHETS AB BALDER-B SHRS0.011,544
FEDERAL REALTY INVS TRUST0.038,249
GECINA SA0.036,838
GREAT EAGLE HOLDINGS LTD0.001,054
HAMMERSON PLC0.011,494
HANG LUNG GROUP LTD0.012,732
HANG LUNG PROPERTIES LTD0.024,689
HCP INC0.0411,706
HENDERSON LAND DEVELOPMENT0.025,976
HONGKONG LAND HOLDINGS LTD0.026,283
HOST HOTELS & RESORTS INC0.0410,659
HULIC CO LTD0.001,341
HYSAN DEVELOPMENT CO0.013,395
ICADE0.013,578
INMOBILIARIA COLONIAL SOCIMI0.011,497
INVITATION HOMES INC0.037,568
IRON MOUNTAIN INC0.026,754
KEPPEL REIT0.011,872
KERRY PROPERTIES LTD0.001,207
KIMCO REALTY CORP0.025,778
KIWI PROPERTY GROUP LTD0.011,483
KLEPIERRE0.024,551
LAND SECURITIES GROUP PLC0.025,992
LEG IMMOBILIEN AG0.025,672
LIBERTY PROPERTY TRUST0.026,592
LINK REIT0.0821,201
MACERICH CO/THE0.013,686
MAPLETREE COMMERCIAL TRUST0.012,813
MAPLETREE INDUSTRIAL TRUST0.012,313
MAPLETREE LOGISTICS TRUST0.012,800
MAPLETREE NORTH ASIA COMMERC0.012,031
MELISRON0.011,462
MERLIN PROPERTIES SOCIMI SA0.012,739
MID-AMERICA APARTMENT COMM0.0411,404
MITSUBISHI ESTATE CO LTD0.0718,325
MITSUI FUDOSAN CO LTD0.0718,631
NEW WORLD DEVELOPMENT0.026,056
NOMURA REAL ESTATE HOLDINGS0.011,619
PARK HOTELS & RESORTS INC0.013,620
PROLOGIS INC0.1540,133
PSP SWISS PROPERTY AG-REG0.024,210
PUBLIC STORAGE0.1027,023
REALTY INCOME CORP0.0615,147
REGENCY CENTERS CORP0.038,003
RELO GROUP INC0.001,283
RIOCAN REAL ESTATE INVST TR0.024,395
SBA COMMUNICATIONS CORP0.0820,796
SEGRO PLC0.037,265
SHUI ON LAND LTD0.012,503
SIMON PROPERTY GROUP INC0.1438,567
SINO LAND CO0.025,511
SL GREEN REALTY CORP0.024,685
SUMITOMO REALTY & DEVELOPMEN0.0512,335
SUN HUNG KAI PROPERTIES0.0718,811
SUNTEC REIT0.013,358
SWIRE PACIFIC LTD - CL A0.025,048
SWIRE PACIFIC LTD-CL B0.012,335
SWIRE PROPERTIES LTD0.012,588
SWISS PRIME SITE-REG0.025,640
TOKYO TATEMONO CO LTD0.013,159
TOKYU FUDOSAN HOLDINGS CORP0.012,201
UDR INC0.039,114
UNIBAIL-RODAMCO-WESTFIELD0.0616,287
UOL GROUP LTD0.011,969
VENTAS INC0.0718,859
VEREIT INC0.026,068
VONOVIA SE0.0719,462
VORNADO REALTY TRUST0.049,883
WELLTOWER INC0.0923,841
WHARF HOLDINGS LTD0.012,830
WHARF REAL ESTATE INVESTMENT0.026,368
WHEELOCK & CO LTD0.025,889
WP CAREY INC0.038,791
A2A SPA0.001,214
AES CORP0.039,311
ALLIANT ENERGY CORP0.038,271
AMERICAN WATER WORKS CO INC0.0616,041
ATMOS ENERGY CORP0.039,142
AVANGRID INC0.013,260
CANADIAN UTILITIES LTD-A0.013,703
CENTERPOINT ENERGY INC0.0410,236
CHUBU ELECTRIC POWER CO INC0.038,510
CK INFRASTRUCTURE HOLDINGS L0.014,019
CMS ENERGY CORP0.0411,531
CONSOLIDATED EDISON INC0.0821,475
CONTACT ENERGY LTD0.011,712
EDISON INTERNATIONAL0.0616,485
EDP RENOVAVEIS SA0.001,329
EVERSOURCE ENERGY0.0718,549
FORTIS INC0.0512,762
HERA SPA0.011,975
HYDRO ONE LTD0.025,382
INNOGY SE0.013,016
INNOGY SE-TEND0.011,583
ITALGAS SPA0.011,554
MERCURY NZ LTD0.013,615
MERIDIAN ENERGY LTD0.013,753
NATIONAL GRID PLC0.1028,363
NIPPON GAS CO LTD0.001,081
NISOURCE INC0.038,409
PENNON GROUP PLC0.013,317
POWER ASSETS HOLDINGS LTD0.037,092
PPL CORP0.0616,756
RED ELECTRICA CORPORACION SA0.026,509
RUBIS0.013,364
SEMPRA ENERGY0.1129,923
SEVERN TRENT PLC0.025,804
SUEZ0.024,646
TERNA SPA0.026,731
TOHOKU ELECTRIC POWER CO INC0.025,016
TOKYO ELECTRIC POWER COMPANY0.036,882
UNITED UTILITIES GROUP PLC0.024,306
VEOLIA ENVIRONNEMENT0.038,279
VERBUND AG0.011,787