The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Alibaba Group Holding Ltd SPONSORED ADS 01609W102 12,610 64,841 SH   SOLE NONE 64,841 0 0
Coeur Mining Inc COM NEW 192108504 1,120 349,000 SH   SOLE NONE 349,000 0 0
EPAM Systems Inc COM 29414B104 4,976 26,800 SH   SOLE NONE 26,800 0 0
Sea Ltd SPONSORED ADS 81141R100 6,700 151,200 SH   SOLE NONE 151,200 0 0
MercadoLibre Inc COM 58733R102 4,495 9,200 SH   SOLE NONE 9,200 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 760 15,900 SH   SOLE NONE 15,900 0 0
Globant SA COM L44385109 5,211 59,300 SH   SOLE NONE 59,300 0 0
Caledonia Mining Corp PLC SHS NEW G1757E113 1,777 199,000 SH   SOLE NONE 199,000 0 0
VanEck Vectors ETF TR GOLD MINERS ETF 92189F106 16,614 721,100 SH   SOLE NONE 721,100 0 0
VanEck Vectors ETF TR JR GOLD MINERS E 92189F791 11,451 407,500 SH   SOLE NONE 407,500 0 0
Pan American Silver Corp COM 697900108 10,700 746,700 SH   SOLE NONE 746,700 0 0