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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
Estimated average burden
hours per response: 23.8
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
ISHARES MSCI INDIA SMALL CAP E MSCI POL CAP ETF 46429B614 18,139 544,729 SH   OTR 0 0 0 0
MARKET VECTORS EGYPT INDEX EGYPT INDX ETF 57061R569 5,210 107,900 SH   OTR 0 0 0 0
TEMPLETON RUSSIA AND EAST EURO COM 88022F105 1,440 143,291 SH   OTR 0 0 0 0
BANCO BRADESCO SA COM 059460303 2,656 290,000 SH   OTR 0 0 0 0
INFOSYS LIMITED COM 456788108 3,883 245,000 SH   OTR 0 0 0 0
TAIWAN SEMICONDUCTOR COM 874039100 2,612 115,000 SH   OTR 0 0 0 0