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       <nameOfIssuer>America Movil ADR</nameOfIssuer>
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       <nameOfIssuer>Bancolombia ADR</nameOfIssuer>
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       <value>124733</value>
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       <nameOfIssuer>Credicorp Ltd</nameOfIssuer>
       <titleOfClass>ORD</titleOfClass>
       <cusip>G2519Y108</cusip>
       <value>140549</value>
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       <nameOfIssuer>First Cash Financial Services</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>31942D107</cusip>
       <value>41439</value>
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       <nameOfIssuer>Infosys Technology Ltd ADR</nameOfIssuer>
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       <nameOfIssuer>Cognizant Technology Soluti ons</nameOfIssuer>
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       <value>321932</value>
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       <nameOfIssuer>Alibaba Group Holding LTD - ADS</nameOfIssuer>
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       <cusip>01609W102</cusip>
       <value>746018</value>
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       <nameOfIssuer>PriceSmart Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>741511109</cusip>
       <value>68708</value>
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       <nameOfIssuer>HDB US HDFC Bank Ltd ADR</nameOfIssuer>
       <titleOfClass>ADR</titleOfClass>
       <cusip>40415F101</cusip>
       <value>11074</value>
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       <nameOfIssuer>Liberty Latin America Class  A</nameOfIssuer>
       <titleOfClass>ORD</titleOfClass>
       <cusip>G9001E102</cusip>
       <value>112040</value>
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       <nameOfIssuer>Liberty Latin America Class  C</nameOfIssuer>
       <titleOfClass>ORD</titleOfClass>
       <cusip>G9001E128</cusip>
       <value>222152</value>
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           <sshPrnamt>11421682</sshPrnamt>
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       <nameOfIssuer>Loma Negra</nameOfIssuer>
       <titleOfClass>ADR</titleOfClass>
       <cusip>54150E104</cusip>
       <value>33348</value>
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           <sshPrnamt>3045468</sshPrnamt>
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       <otherManager>1</otherManager>
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           <None>851538</None>
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       <nameOfIssuer>Yandex N V</nameOfIssuer>
       <titleOfClass>ORD</titleOfClass>
       <cusip>N97284108</cusip>
       <value>196596</value>
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           <sshPrnamt>5724990</sshPrnamt>
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           <None>1645442</None>
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       <nameOfIssuer>58.com Inc</nameOfIssuer>
       <titleOfClass>ADR</titleOfClass>
       <cusip>31680Q104</cusip>
       <value>515512</value>
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           <sshPrnamt>7848843</sshPrnamt>
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       <nameOfIssuer>Sina Corp</nameOfIssuer>
       <titleOfClass>ORD</titleOfClass>
       <cusip>G81477104</cusip>
       <value>69963</value>
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       <nameOfIssuer>Weibo Corp</nameOfIssuer>
       <titleOfClass>ADR</titleOfClass>
       <cusip>948596101</cusip>
       <value>112540</value>
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       <nameOfIssuer>Momo Inc.</nameOfIssuer>
       <titleOfClass>ADR</titleOfClass>
       <cusip>60879B107</cusip>
       <value>202195</value>
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       <nameOfIssuer>New Oriental Ed &amp; Tech GRP 1 SPON</nameOfIssuer>
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       <cusip>647581107</cusip>
       <value>455291</value>
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