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
AFLAC INC Common Stock 001055102 1,633 22,543 SH   SOLE   22,543 0 0
ALASKA AIR GROUP INC Common Stock 011659109 1,328 14,396 SH   SOLE   14,396 0 0
ALIBABA GROUP HOLDING LTD ADR 01609W102 33,135 307,291 SH   SOLE   307,291 0 0
ALLY FINANCIAL INC Common Stock 02005N100 935 45,970 SH   SOLE   45,970 0 0
ALPHABET INC Common Stock 02079K305 15,143 17,862 SH   SOLE   17,862 0 0
AMAZON.COM INC Common Stock 023135106 1,482 1,672 SH   SOLE   1,672 0 0
AMC NETWORKS INC Common Stock 00164V103 735 12,522 SH   SOLE   12,522 0 0
AMERICAN FINANCIAL GROUP INC/O Common Stock 025932104 1,388 14,549 SH   SOLE   14,549 0 0
APPLE INC Common Stock 037833100 1,713 11,922 SH   SOLE   11,922 0 0
AT&T INC Common Stock 00206R102 2,100 50,537 SH   SOLE   50,537 0 0
AUTOHOME INC ADR 05278C107 5,198 163,600 SH   SOLE   163,600 0 0
B/E AEROSPACE INC Common Stock 073302101 1,169 18,231 SH   SOLE   18,231 0 0
BANCO BRADESCO SA ADR 059460303 18,602 1,816,595 SH   SOLE   1,816,595 0 0
BANK OF AMERICA CORP Common Stock 060505104 10,570 448,056 SH   SOLE   448,056 0 0
BANK OF NEW YORK MELLON CORP Common Stock 064058100 12,588 266,529 SH   SOLE   266,529 0 0
BANK OF NOVA SCOTIA/THE Common Stock 064149107 1,686 28,896 SH   SOLE   28,896 0 0
BIG LOTS INC Common Stock 089302103 838 17,222 SH   SOLE   17,222 0 0
CANADIAN IMPERIAL BANK OF COMM Common Stock 136069101 14,813 172,280 SH   SOLE   172,280 0 0
CANADIAN NATURAL RESOURCES LTD Common Stock 136385101 1,018 31,178 SH   SOLE   31,178 0 0
CARLISLE COS INC Common Stock 142339100 9,895 92,994 SH   SOLE   92,994 0 0
CARNIVAL CORP Common Stock 143658300 4,888 82,974 SH   SOLE   82,974 0 0
CBS CORP Common Stock 124857202 12,699 183,089 SH   SOLE   183,089 0 0
CELGENE CORP Common Stock 151020104 11,386 91,509 SH   SOLE   91,509 0 0
CIGNA CORP Common Stock 125509109 11,626 79,366 SH   SOLE   79,366 0 0
CISCO SYSTEMS INC Common Stock 17275R102 1,514 44,792 SH   SOLE   44,792 0 0
CITIGROUP INC Common Stock 172967424 12,921 216,005 SH   SOLE   216,005 0 0
CME GROUP INC/IL Common Stock 12572Q105 11,015 92,721 SH   SOLE   92,721 0 0
COLGATE-PALMOLIVE CO Common Stock 194162103 1,301 17,772 SH   SOLE   17,772 0 0
COMCAST CORP Common Stock 20030N101 2,429 64,626 SH   SOLE   64,626 0 0
COSAN LTD Common Stock G25343107 10,457 1,224,527 SH   SOLE   1,224,527 0 0
CREDICORP LTD Common Stock G2519Y108 9,988 61,163 SH   SOLE   61,163 0 0
CUMMINS INC Common Stock 231021106 12,361 81,755 SH   SOLE   81,755 0 0
DANAHER CORP Common Stock 235851102 12,123 141,744 SH   SOLE   141,744 0 0
DOW CHEMICAL CO/THE Common Stock 260543103 11,294 177,741 SH   SOLE   177,741 0 0
EBAY INC Common Stock 278642103 13,013 387,643 SH   SOLE   387,643 0 0
ENERSIS SA ADR 29274F104 11,460 1,102,971 SH   SOLE   1,102,971 0 0
EXTENDED STAY AMERICA INC Unit 30224P200 9,296 583,158 SH   SOLE   583,158 0 0
FISERV INC Common Stock 337738108 1,391 12,065 SH   SOLE   12,065 0 0
FNF GROUP Tracking Stk 31620R303 899 23,078 SH   SOLE   23,078 0 0
GAMING AND LEISURE PROPERTIES REIT 36467J108 792 23,704 SH   SOLE   23,704 0 0
GREAT WESTERN BANCORP INC Common Stock 391416104 1,116 26,321 SH   SOLE   26,321 0 0
GRUPO AEROPORTUARIO DEL SUREST ADR 40051E202 8,622 49,768 SH   SOLE   49,768 0 0
HELMERICH & PAYNE INC Common Stock 423452101 10,158 152,587 SH   SOLE   152,587 0 0
HESS CORP Common Stock 42809H107 1,188 24,634 SH   SOLE   24,634 0 0
HEWLETT PACKARD ENTERPRISE CO Common Stock 42824C109 1,273 53,694 SH   SOLE   53,694 0 0
HOLOGIC INC Common Stock 436440101 948 22,287 SH   SOLE   22,287 0 0
HONEYWELL INTERNATIONAL INC Common Stock 438516106 1,530 12,256 SH   SOLE   12,256 0 0
JOHNSON & JOHNSON Common Stock 478160104 1,912 15,348 SH   SOLE   15,348 0 0
LAM RESEARCH CORP Common Stock 512807108 15,475 120,560 SH   SOLE   120,560 0 0
LAS VEGAS SANDS CORP Common Stock 517834107 1,054 18,465 SH   SOLE   18,465 0 0
LEAR CORP Common Stock 521865204 1,088 7,685 SH   SOLE   7,685 0 0
MARRIOTT VACATIONS WORLDWIDE C Common Stock 57164Y107 11,362 113,702 SH   SOLE   113,702 0 0
MEDNAX INC Common Stock 58502B106 8,689 125,235 SH   SOLE   125,235 0 0
MICROSOFT CORP Common Stock 594918104 2,425 36,819 SH   SOLE   36,819 0 0
MOBILE TELESYSTEMS PJSC ADR 607409109 6,676 605,215 SH   SOLE   605,215 0 0
MORGAN STANLEY INTL LTD Common Stock 617446448 1,776 41,453 SH   SOLE   41,453 0 0
NETEASE INC ADR 64110W102 12,840 45,212 SH   SOLE   45,212 0 0
NEW ORIENTAL EDUCATION & TECHN ADR 647581107 7,901 130,856 SH   SOLE   130,856 0 0
NEW RESIDENTIAL INVESTMENT COR REIT 64828T201 573 33,724 SH   SOLE   33,724 0 0
NICE-SYSTEMS LTD ADR 653656108 3,758 55,279 SH   SOLE   55,279 0 0
NORFOLK SOUTHERN CORP Common Stock 655844108 1,116 9,970 SH   SOLE   9,970 0 0
PAYPAL HOLDINGS INC Common Stock 70450Y103 12,479 290,084 SH   SOLE   290,084 0 0
PEPSICO INC Common Stock 713448108 2,525 22,570 SH   SOLE   22,570 0 0
PFIZER INC Common Stock 717081103 2,711 79,249 SH   SOLE   79,249 0 0
PRICELINE GROUP INC/THE Common Stock 741503403 12,218 6,864 SH   SOLE   6,864 0 0
PUBLIC SERVICE ENTERPRISE GROU Common Stock 744573106 1,437 32,394 SH   SOLE   32,394 0 0
QUEST DIAGNOSTICS INC Common Stock 74834L100 1,351 13,761 SH   SOLE   13,761 0 0
RADIAN GROUP INC Common Stock 750236101 898 50,011 SH   SOLE   50,011 0 0
SILICON MOTION TECHNOLOGY CORP ADR 82706C108 5,969 127,683 SH   SOLE   127,683 0 0
SIMON PROPERTY GROUP INC REIT 828806109 671 3,900 SH   SOLE   3,900 0 0
SINCLAIR BROADCAST GROUP INC Common Stock 829226109 905 22,341 SH   SOLE   22,341 0 0
SUNTRUST BANKS INC Common Stock 867914103 12,242 221,373 SH   SOLE   221,373 0 0
TERNIUM SA ADR 880890108 6,130 234,667 SH   SOLE   234,667 0 0
THERMO FISHER SCIENTIFIC INC Common Stock 883556102 1,716 11,172 SH   SOLE   11,172 0 0
THOR INDUSTRIES INC Common Stock 885160101 678 7,057 SH   SOLE   7,057 0 0
TIFFANY & CO Common Stock 886547108 12,189 127,901 SH   SOLE   127,901 0 0
UNITEDHEALTH GROUP INC Common Stock 91324P102 12,844 78,312 SH   SOLE   78,312 0 0
UNUM GROUP Common Stock 91529Y106 1,234 26,323 SH   SOLE   26,323 0 0
VALERO ENERGY CORP Common Stock 91913Y100 11,009 166,066 SH   SOLE   166,066 0 0
VANTIV INC Common Stock 92210H105 11,638 181,500 SH   SOLE   181,500 0 0
VMWARE INC Common Stock 928563402 12,025 130,511 SH   SOLE   130,511 0 0
VOYA FINANCIAL INC Common Stock 929089100 1,212 31,920 SH   SOLE   31,920 0 0
WESCO INTERNATIONAL INC Common Stock 95082P105 1,080 15,533 SH   SOLE   15,533 0 0
WESTERN UNION CO/THE Common Stock 959802109 1,191 58,520 SH   SOLE   58,520 0 0
WESTROCK CO Common Stock 96145D105 1,133 21,782 SH   SOLE   21,782 0 0
ZIMMER HOLDINGS INC Common Stock 98956P102 1,966 16,099 SH   SOLE   16,099 0 0