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
3M CO COM 88579Y101 7,176 34,200 SH   SOLE N/A 34,200 0 0
ACTIVISION BLIZZARD INC COM 00507V109 130,948 2,029,888 SH   SOLE N/A 2,029,888 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 382,691 2,215,800 SH   SOLE N/A 2,215,800 0 0
ALLEGHANY CORP DEL COM 017175100 6,705 12,100 SH   SOLE N/A 12,100 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 120,942 546,000 SH   SOLE N/A 546,000 0 0
ALLSTATE CORP COM 020002101 28,616 311,400 SH   SOLE N/A 311,400 0 0
ALPHABET INC CAP STK CL C 02079K107 221,911 231,372 SH   SOLE N/A 231,372 0 0
AMAZON COM INC COM 023135106 102,864 107,000 SH   SOLE N/A 107,000 0 0
AMBEV SA SPONSORED ADR 02319V103 28,904 4,386,000 SH   SOLE N/A 4,386,000 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 28,989 1,633,185 SH   SOLE N/A 1,633,185 0 0
AMERICAN FINL GROUP INC OHIO COM 025932104 7,316 70,800 SH   SOLE N/A 70,800 0 0
AMERISOURCEBERGEN CORP COM 03073E105 18,686 225,800 SH   SOLE N/A 225,800 0 0
ANNALY CAP MGMT INC COM 035710409 7,168 588,300 SH   SOLE N/A 588,300 0 0
APPLE INC COM 037833100 293,062 1,901,518 SH   SOLE N/A 1,901,518 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 19,344 455,100 SH   SOLE N/A 455,100 0 0
ASSURANT INC COM 04621X108 17,735 185,700 SH   SOLE N/A 185,700 0 0
AT&T INC COM 00206R102 7,618 194,609 SH   SOLE N/A 194,609 0 0
BAIDU INC SPON ADR REP A 056752108 139,350 562,600 SH   SOLE N/A 562,600 0 0
BANCO SANTANDER CHILE NEW SP ADR REP COM 05965X109 39,133 1,317,174 SH   SOLE N/A 1,317,174 0 0
BANK MONTREAL QUE COM 063671101 7,319 96,600 SH   SOLE N/A 96,600 0 0
BCE INC COM NEW 05534B760 7,495 159,828 SH   SOLE N/A 159,828 0 0
BERKLEY W R CORP COM 084423102 6,967 104,300 SH   SOLE N/A 104,300 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 101,440 1,089,933 SH   SOLE N/A 1,089,933 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 7,983 104,900 SH   SOLE N/A 104,900 0 0
CAE INC COM 124765108 47,935 2,730,618 SH   SOLE N/A 2,730,618 0 0
CARDINAL HEALTH INC COM 14149Y108 18,173 271,500 SH   SOLE N/A 271,500 0 0
CDN IMPERIAL BK COMM TORONTO COM 136069101 29,193 333,300 SH   SOLE N/A 333,300 0 0
CDW CORP COM 12514G108 102,102 1,547,003 SH   SOLE N/A 1,547,003 0 0
CELGENE CORP COM 151020104 114,760 787,000 SH   SOLE N/A 787,000 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 46,017 5,067,951 SH   SOLE N/A 5,067,951 0 0
CHURCH & DWIGHT INC COM 171340102 6,650 137,300 SH   SOLE N/A 137,300 0 0
CITIGROUP INC COM NEW 172967424 250,867 3,450,000 SH   SOLE N/A 3,450,000 0 0
CLOROX CO DEL COM 189054109 7,056 53,500 SH   SOLE N/A 53,500 0 0
CME GROUP INC COM 12572Q105 22,659 167,000 SH   SOLE N/A 167,000 0 0
COLGATE PALMOLIVE CO COM 194162103 50,737 696,700 SH   SOLE N/A 696,700 0 0
COMCAST CORP NEW CL A 20030N101 208,231 5,411,400 SH   SOLE N/A 5,411,400 0 0
CONSOLIDATED EDISON INC COM 209115104 7,191 89,144 SH   SOLE N/A 89,144 0 0
CONSTELLATION BRANDS INC CL A 21036P108 153,724 770,740 SH   SOLE N/A 770,740 0 0
COSTCO WHSL CORP NEW COM 22160K105 7,787 47,400 SH   SOLE N/A 47,400 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 39,344 746,000 SH   SOLE N/A 746,000 0 0
CVS HEALTH CORP COM 126650100 19,613 241,200 SH   SOLE N/A 241,200 0 0
DISNEY WALT CO COM DISNEY 254687106 6,859 69,600 SH   SOLE N/A 69,600 0 0
DR PEPPER SNAPPLE GROUP INC COM 26138E109 7,121 80,500 SH   SOLE N/A 80,500 0 0
DTE ENERGY CO COM 233331107 7,326 68,230 SH   SOLE N/A 68,230 0 0
EDISON INTL COM 281020107 137,776 1,785,938 SH   SOLE N/A 1,785,938 0 0
ENBRIDGE INC NOTE 6.000% 1/1 29250NAN5 3,195,000 3,000,000,000 PRN   SOLE N/A 0 0 3,000,000,000
ENTERGY CORP NEW COM 29364G103 7,231 94,686 SH   SOLE N/A 94,686 0 0
EOG RES INC COM 26875P101 120,919 1,250,000 SH   SOLE N/A 1,250,000 0 0
EQUINIX INC COM PAR $0.001 29444U700 150,663 337,583 SH   SOLE N/A 337,583 0 0
EXELON CORP COM 30161N101 7,550 200,500 SH   SOLE N/A 200,500 0 0
EXPEDITORS INTL WASH INC COM 302130109 7,542 126,000 SH   SOLE N/A 126,000 0 0
EXXON MOBIL CORP COM 30231G102 40,575 495,000 SH   SOLE N/A 495,000 0 0
FACEBOOK INC CL A 30303M102 211,366 1,237,000 SH   SOLE N/A 1,237,000 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 30,203 636,600 SH   SOLE N/A 636,600 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 51,499 539,082 SH   SOLE N/A 539,082 0 0
FORTIS INC COM 349553107 7,457 207,919 SH   SOLE N/A 207,919 0 0
GENERAL DYNAMICS CORP COM 369550108 20,477 99,600 SH   SOLE N/A 99,600 0 0
GENERAL MLS INC COM 370334104 6,966 134,573 SH   SOLE N/A 134,573 0 0
GRUPO FINANCIERO GALICIA S A SP ADR 10 SH B 399909100 41,957 814,070 SH   SOLE N/A 814,070 0 0
HANESBRANDS INC COM 410345102 22,265 903,800 SH   SOLE N/A 903,800 0 0
HARLEY DAVIDSON INC COM 412822108 16,968 352,000 SH   SOLE N/A 352,000 0 0
HASBRO INC COM 418056107 19,143 196,000 SH   SOLE N/A 196,000 0 0
HEALTHCARE SVCS GRP INC COM 421906108 78,257 1,450,000 SH   SOLE N/A 1,450,000 0 0
HONEYWELL INTL INC COM 438516106 21,131 149,100 SH   SOLE N/A 149,100 0 0
HORMEL FOODS CORP COM 440452100 18,226 567,000 SH   SOLE N/A 567,000 0 0
HSBC HLDGS PLC NOTE 6.000%12/3 404280BL2 1,761,900 1,678,000,000 PRN   SOLE N/A 1,678,000,000 0 0
INGREDION INC COM 457187102 7,430 61,600 SH   SOLE N/A 61,600 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 18,532 127,800 SH   SOLE N/A 127,800 0 0
ISHARES INC MSCI MLY ETF NEW 46434G814 59,038 1,822,730 SH   SOLE N/A 1,822,730 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 17,165 1,252,911 SH   SOLE N/A 1,252,911 0 0
KIMBERLY CLARK CORP COM 494368103 6,635 56,400 SH   SOLE N/A 56,400 0 0
KRAFT HEINZ CO COM 500754106 16,945 218,500 SH   SOLE N/A 218,500 0 0
LAM RESEARCH CORP COM 512807108 79,442 429,325 SH   SOLE N/A 429,325 0 0
LAUDER ESTEE COS INC CL A 518439104 119,427 1,107,500 SH   SOLE N/A 1,107,500 0 0
LEXICON PHARMACEUTICALS INC COM NEW 528872302 43,112 3,507,900 SH   SOLE N/A 3,507,900 0 0
LOCKHEED MARTIN CORP COM 539830109 30,066 96,903 SH   SOLE N/A 96,903 0 0
MACYS INC COM 55616P104 14,882 681,900 SH   SOLE N/A 681,900 0 0
MANULIFE FINL CORP COM 56501R106 158,409 7,799,375 SH   SOLE N/A 7,799,375 0 0
MARSH & MCLENNAN COS INC COM 571748102 166,922 1,991,547 SH   SOLE N/A 1,991,547 0 0
MASTERCARD INCORPORATED CL A 57636Q104 211,042 1,495,000 SH   SOLE N/A 1,495,000 0 0
MCDONALDS CORP COM 580135101 7,243 46,297 SH   SOLE N/A 46,297 0 0
MERCK & CO INC COM 58933Y105 47,090 735,500 SH   SOLE N/A 735,500 0 0
MICROSOFT CORP COM 594918104 113,299 1,521,000 SH   SOLE N/A 1,521,000 0 0
MOBILE TELESYSTEMS PJSC SPONSORED ADR 607409109 22,028 2,110,000 SH   SOLE N/A 2,110,000 0 0
NETEASE INC SPONSORED ADR 64110W102 20,102 76,200 SH   SOLE N/A 76,200 0 0
NEWELL BRANDS INC COM 651229106 57,756 1,353,400 SH   SOLE N/A 1,353,400 0 0
NORTHROP GRUMMAN CORP COM 666807102 7,911 27,500 SH   SOLE N/A 27,500 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 102,728 1,600,000 SH   SOLE N/A 1,600,000 0 0
PAMPA ENERGIA S A SPONS ADR LVL I 697660207 21,468 329,765 SH   SOLE N/A 329,765 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 21,770 2,168,309 SH   SOLE N/A 2,168,309 0 0
PG&E CORP COM 69331C108 7,503 110,200 SH   SOLE N/A 110,200 0 0
PHILIP MORRIS INTL INC COM 718172109 6,722 60,546 SH   SOLE N/A 60,546 0 0
PIONEER NAT RES CO COM 723787107 118,044 800,000 SH   SOLE N/A 800,000 0 0
PPL CORP COM 69351T106 7,175 189,200 SH   SOLE N/A 189,200 0 0
PROCTER AND GAMBLE CO COM 742718109 7,472 82,127 SH   SOLE N/A 82,127 0 0
PROGRESSIVE CORP OHIO COM 743315103 30,970 639,800 SH   SOLE N/A 639,800 0 0
PUBLIC STORAGE COM 74460D109 7,531 35,200 SH   SOLE N/A 35,200 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 7,914 171,099 SH   SOLE N/A 171,099 0 0
RALPH LAUREN CORP CL A 751212101 21,023 238,100 SH   SOLE N/A 238,100 0 0
RAYTHEON CO COM NEW 755111507 198,402 1,063,504 SH   SOLE N/A 1,063,504 0 0
REPUBLIC SVCS INC COM 760759100 7,385 111,800 SH   SOLE N/A 111,800 0 0
ROSS STORES INC COM 778296103 8,452 130,900 SH   SOLE N/A 130,900 0 0
S&P GLOBAL INC COM 78409V104 113,870 728,700 SH   SOLE N/A 728,700 0 0
SCANA CORP NEW COM 80589M102 5,428 111,900 SH   SOLE N/A 111,900 0 0
SCHWAB CHARLES CORP NEW COM 808513105 149,574 3,420,000 SH   SOLE N/A 3,420,000 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 7,655 332,309 SH   SOLE N/A 332,309 0 0
SHERWIN WILLIAMS CO COM 824348106 167,424 467,749 SH   SOLE N/A 467,749 0 0
SMUCKER J M CO COM NEW 832696405 22,834 217,600 SH   SOLE N/A 217,600 0 0
SOUTHERN CO COM 842587107 7,457 151,729 SH   SOLE N/A 151,729 0 0
TARGET CORP COM 87612E106 20,126 341,200 SH   SOLE N/A 341,200 0 0
TELEFLEX INC COM 879369106 96,810 399,990 SH   SOLE N/A 399,990 0 0
TELUS CORP COM 87971M103 73,744 2,047,096 SH   SOLE N/A 2,047,096 0 0
TEXAS INSTRS INC COM 882508104 110,666 1,234,558 SH   SOLE N/A 1,234,558 0 0
TJX COS INC NEW COM 872540109 79,229 1,074,800 SH   SOLE N/A 1,074,800 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 31,529 559,600 SH   SOLE N/A 559,600 0 0
TPG SPECIALTY LENDING INC COM 87265K102 73,101 3,488,476 SH   SOLE N/A 3,488,476 0 0
TRAVELERS COMPANIES INC COM 89417E109 6,969 56,900 SH   SOLE N/A 56,900 0 0
UNION PAC CORP COM 907818108 145,035 1,251,000 SH   SOLE N/A 1,251,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102 198,540 1,013,993 SH   SOLE N/A 1,013,993 0 0
US BANCORP DEL COM NEW 902973304 20,144 376,000 SH   SOLE N/A 376,000 0 0
V F CORP COM 918204108 22,617 355,700 SH   SOLE N/A 355,700 0 0
VALE S A ADR 91912E105 43,427 4,312,536 SH   SOLE N/A 4,312,536 0 0
VANECK VECTORS ETF TR RUSSIA ETF 92189F403 52,694 2,364,000 SH   SOLE N/A 2,364,000 0 0
VERISK ANALYTICS INC COM 92345Y106 95,669 1,150,000 SH   SOLE N/A 1,150,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 115,139 2,327,224 SH   SOLE N/A 2,327,224 0 0
VERMILION ENERGY INC COM 923725105 29,215 819,943 SH   SOLE N/A 819,943 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 118,954 1,540,457 SH   SOLE N/A 1,540,457 0 0
WELLS FARGO CO NEW COM 949746101 282,253 5,119,300 SH   SOLE N/A 5,119,300 0 0
XCEL ENERGY INC COM 98389B100 7,435 157,182 SH   SOLE N/A 157,182 0 0
XYLEM INC COM 98419M100 108,146 1,726,887 SH   SOLE N/A 1,726,887 0 0
ZAYO GROUP HLDGS INC COM 98919V105 70,633 2,050,000 SH   SOLE N/A 2,050,000 0 0