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 16,594 70,500 SH   SOLE   70,500 0 0
51JOB INC SP ADR REP COM 316827104 21,667 356,065 SH   SOLE   356,065 0 0
ACUSHNET HOLDINGS CORP COM 005098108 4,204 199,418 SH   SOLE   199,418 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 20,775 310,218 SH   SOLE   310,218 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 5,466 31,700 SH   SOLE   31,700 0 0
AMPHENOL CORP NEW CL A 032095101 19,359 220,494 SH   SOLE   220,494 0 0
APPLIED MATLS INC COM 038222105 19,124 374,100 SH   SOLE   374,100 0 0
AUTOHOME INC SP ADR RP CL A 05278C107 5,640 87,216 SH   SOLE   87,216 0 0
AVX CORP NEW COM 002444107 14,218 821,831 SH   SOLE   821,831 0 0
BENCHMARK ELECTRS INC COM 08160H101 4,241 145,747 SH   SOLE   145,747 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 222 4,831 SH   SOLE   4,831 0 0
BHP BILLITON PLC SPONSORED ADR 05545E209 20,943 519,689 SH   SOLE   519,689 0 0
BOEING CO COM 097023105 18,255 61,900 SH   SOLE   61,900 0 0
BRUKER CORP COM 116794108 18,109 527,658 SH   SOLE   527,658 0 0
CHEETAH MOBILE INC ADR 163075104 988 81,784 SH   SOLE   81,784 0 0
CHINA DISTANCE ED HLDGS LTD SPONS ADR 16944W104 3,150 339,763 SH   SOLE   339,763 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 1,835 36,300 SH   SOLE   36,300 0 0
CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 13,140 179,088 SH   SOLE   179,088 0 0
CHINA YUCHAI INTL LTD COM G21082105 7,147 297,791 SH   SOLE   297,791 0 0
CNOOC LTD SPONSORED ADR 126132109 5,136 35,777 SH   SOLE   35,777 0 0
COHU INC COM 192576106 4,218 192,180 SH   SOLE   192,180 0 0
DAQO NEW ENERGY CORP SPNSRD ADR NEW 23703Q203 739 12,437 SH   SOLE   12,437 0 0
DSP GROUP INC COM 23332B106 1,160 92,780 SH   SOLE   92,780 0 0
ELBIT SYS LTD ORD M3760D101 6,785 50,904 SH   SOLE   50,904 0 0
ELECTRONIC ARTS INC COM 285512109 3,618 34,437 SH   SOLE   34,437 0 0
FANHUA INC SPONSORED ADR 30712A103 361 16,700 SH   SOLE   16,700 0 0
FIBRIA CELULOSE S A SP ADR REP COM 31573A109 27,366 1,861,609 SH   SOLE   1,861,609 0 0
GARMIN LTD SHS H2906T109 21,946 368,399 SH   SOLE   368,399 0 0
HARMONY GOLD MNG LTD SPONSORED ADR 413216300 401 214,276 SH   SOLE   214,276 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 17,233 1,200,100 SH   SOLE   1,200,100 0 0
HP INC COM 40434L105 18,449 878,093 SH   SOLE   878,093 0 0
ISHARES INC MSCI THAILND ETF 464286624 989 10,695 SH   SOLE   10,695 0 0
ISHARES TR PHLX SEMICND ETF 464287523 6,249 36,800 SH   SOLE   36,800 0 0
KADANT INC COM 48282T104 616 6,134 SH   SOLE   6,134 0 0
KLA-TENCOR CORP COM 482480100 18,713 178,100 SH   SOLE   178,100 0 0
KULICKE & SOFFA INDS INC COM 501242101 15,547 638,860 SH   SOLE   638,860 0 0
LAM RESEARCH CORP COM 512807108 19,291 104,800 SH   SOLE   104,800 0 0
LAS VEGAS SANDS CORP COM 517834107 25,065 360,700 SH   SOLE   360,700 0 0
LAUDER ESTEE COS INC CL A 518439104 20,117 158,100 SH   SOLE   158,100 0 0
LG DISPLAY CO LTD SPONS ADR REP 50186V102 1,882 136,757 SH   SOLE   136,757 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 15,093 288,686 SH   SOLE   288,686 0 0
MELCO RESORT ENTERTAINMENT L ADR 585464100 27,640 951,800 SH   SOLE   951,800 0 0
MERCER INTL INC COM 588056101 6,435 450,028 SH   SOLE   450,028 0 0
METTLER TOLEDO INTERNATIONAL COM 592688105 10,760 17,369 SH   SOLE   17,369 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 5,253 59,780 SH   SOLE   59,780 0 0
MKS INSTRUMENT INC COM 55306N104 510 5,400 SH   SOLE   5,400 0 0
MYRIAD GENETICS INC COM 62855J104 1,233 35,900 SH   SOLE   35,900 0 0
NATIONAL INSTRS CORP COM 636518102 5,741 137,900 SH   SOLE   137,900 0 0
NET 1 UEPS TECHNOLOGIES INC COM NEW 64107N206 2,477 208,312 SH   SOLE   208,312 0 0
NETEASE INC SPONSORED ADR 64110W102 7,212 20,900 SH   SOLE   20,900 0 0
NOVARTIS A G SPONSORED ADR 66987V109 3,048 36,300 SH   SOLE   36,300 0 0
ON SEMICONDUCTOR CORP COM 682189105 262 12,500 SH   SOLE   12,500 0 0
ORION ENGINEERED CARBONS S A COM L72967109 2,627 102,600 SH   SOLE   102,600 0 0
PERKINELMER INC COM 714046109 12,420 169,859 SH   SOLE   169,859 0 0
PFIZER INC COM 717081103 9,374 258,800 SH   SOLE   258,800 0 0
PHOENIX NEW MEDIA LTD SPONSORED ADS 71910C103 2,184 336,522 SH   SOLE   336,522 0 0
POWERSHARES ETF TRUST DYN SEMCT PORT 73935X781 3,383 67,022 SH   SOLE   67,022 0 0
PRUDENTIAL PLC ADR 74435K204 335 6,600 SH   SOLE   6,600 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 19,851 290,690 SH   SOLE   290,690 0 0
SK TELECOM LTD SPONSORED ADR 78440P108 11,485 411,501 SH   SOLE   411,501 0 0
SOUTHERN COPPER CORP COM 84265V105 19,599 413,046 SH   SOLE   413,046 0 0
STMICROELECTRONICS N V NY REGISTRY 861012102 24,633 1,127,878 SH   SOLE   1,127,878 0 0
SYKES ENTERPRISES INC COM 871237103 3,281 104,321 SH   SOLE   104,321 0 0
SYNTEL INC COM 87162H103 1,163 50,583 SH   SOLE   50,583 0 0
TARENA INTL INC ADR 876108101 12,748 850,416 SH   SOLE   850,416 0 0
TE CONNECTIVITY LTD REG SHS H84989104 4,942 52,000 SH   SOLE   52,000 0 0
TEXAS INSTRS INC COM 882508104 17,922 171,600 SH   SOLE   171,600 0 0
TOTAL S A SPONSORED ADR 89151E109 15,353 277,731 SH   SOLE   277,731 0 0
UNILEVER PLC SPON ADR NEW 904767704 22,854 412,968 SH   SOLE   412,968 0 0
UNITED MICROELECTRONICS CORP SPON ADR NEW 910873405 50 20,800 SH   SOLE   20,800 0 0
VANECK VECTORS ETF TR SEMICONDUCTOR ET 92189F676 20,667 211,300 SH   SOLE   211,300 0 0
VISA INC COM CL A 92826C839 7,331 64,300 SH   SOLE   64,300 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 26,034 1,254,651 SH   SOLE   1,254,651 0 0
VISHAY PRECISION GROUP INC COM 92835K103 1,154 45,892 SH   SOLE   45,892 0 0
VISTEON CORP COM NEW 92839U206 2,428 19,400 SH   SOLE   19,400 0 0
WATERS CORP COM 941848103 16,846 87,200 SH   SOLE   87,200 0 0
WNS HOLDINGS LTD SPON ADR 92932M101 2,789 69,500 SH   SOLE   69,500 0 0
YIRENDAI LTD SPONSORED ADR 98585L100 19,509 443,681 SH   SOLE   443,681 0 0