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
Alibaba Group Holding Ltd - AD SPONSORED ADS 01609W102 10,081 55,252 SH   SOLE   54,919 0 333
ASML Holding NV N Y REGISTRY SHS N07059210 9,606 51,084 SH   SOLE   50,801 0 283
Cameco Corp COM 13321L108 4,321 366,504 SH   SOLE   364,284 0 2,220
Canadian Pacific Railway Ltd COM 13645T100 9,947 48,279 SH   SOLE   47,997 0 282
Carnival PLC ADR 14365C103 4,557 91,479 SH   SOLE   90,365 0 1,114
Credit Suisse Group AG - ADR SPONSORED ADR 225401108 3,875 332,585 SH   SOLE   328,942 0 3,643
Diageo PLC - ADR SPON ADR NEW 25243Q205 2,990 18,274 SH   SOLE   18,064 0 210
Grifols SA - ADR SP ADR REP B NVT 398438408 2,199 109,327 SH   SOLE   108,099 0 1,228
HDFC Bank Ltd - ADR ADR REPS 3 SHS 40415F101 9,220 79,542 SH   SOLE   79,032 0 510
Manulife Financial Corp COM 56501R106 9,582 566,623 SH   SOLE   563,471 0 3,152
NXP Semiconductors NV COM N6596X109 9,777 110,611 SH   SOLE   109,929 0 682
Prudential PLC ADR 74435K204 4,579 113,857 SH   SOLE   112,607 0 1,250
Royal Dutch Shell PLC - ADR SPON ADR B 780259107 3,047 47,645 SH   SOLE   47,027 0 618
SAP SE - ADR SPON ADR 803054204 5,171 44,787 SH   SOLE   44,537 0 250
Southern Copper Corp COM 84265V105 2,453 61,816 SH   SOLE   61,057 0 759
Taiwan Semiconductor Manufactu SPONSORED ADR 874039100 5,673 138,499 SH   SOLE   137,550 0 949
TAL Education Group - ADR SPONSORED ADS 874080104 4,801 133,063 SH   SOLE   132,213 0 850