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
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
AU OPTRONICS CORP SPONSORED ADR 002255107 11,608 2,742,778 SH   SOLE   2,742,778 0 0
CHINA LIFE INS CO LTD SPON ADR REP H 16939P106 2,656 67,593 SH   SOLE   67,593 0 0
CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 1 9 SH   SOLE   9 0 0
CHINA TELECOM CORP LTD SPON ADR H SHS 169426103 1,095 22,400 SH   SOLE   22,400 0 0
CHINA UNICOM (HONG KONG) LTD SPONSORED ADR 16945R104 4,900 317,000 SH   SOLE   317,000 0 0
DR REDDYS LABS LTD ADR 256135203 12,295 281,676 SH   SOLE   281,676 0 0
ICICI BK LTD ADR 45104G104 23,833 490,371 SH   SOLE   490,371 0 0
INFOSYS LTD SPONSORED ADR 456788108 136 2,513 SH   SOLE   2,513 0 0
KB FINANCIAL GROUP INC SPONSORED ADR 48241A105 1,355 38,942 SH   SOLE   38,942 0 0
MICRON TECHNOLOGY INC COM ADR 595112103 20,482 650,000 SH   SOLE   650,000 0 0
SESA STERLITE LTD SPONSORED ADR 78413F103 25,412 1,306,332 SH   SOLE   1,306,332 0 0
SK TELECOM LTD SPONSORED ADR 78440P108 1,241 47,793 SH   SOLE   47,793 0 0
SONY CORP ADR NEW 835699307 4,978 300,000 SH   SOLE   300,000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 140,432 6,481,891 SH   SOLE   6,481,891 0 0
UNITED MICROELECTRONICS CORP SPON ADR NEW 910873405 10,469 4,185,952 SH   SOLE   4,185,952 0 0