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

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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
BAIDU INC SPON ADR REP A 56752108 13,944 159,000 SH   SOLE   159,000 0 0
HOME INNS & HOTELS MGMT INC SPON ADR 43713W107 24,574 824,894 SH   SOLE   824,894 0 0
TATA MTRS LTD SPONSORED ADR 876568502 15,939 652,970 SH   SOLE   652,970 0 0
VIPSHOP HLDGS LTD SPONSORED ADR 92763W103 15,523 511,137 SH   SOLE   511,137 0 0
YUM BRANDS INC COM 988498101 8,705 121,000 SH   SOLE   121,000 0 0