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
Baidu Inc ADR 056752108 52,959 385,405 SH   SOLE   385,405 0 0
Ctrip com International Ltd ADR 22943F100 29,422 465,681 SH   SOLE   465,681 0 0
HDFC Bank Ltd ADR 40415F101 25,841 423,007 SH   SOLE   423,007 0 0
ICICI Bank Ltd ADR 45104G104 26,877 3,207,326 SH   SOLE   3,207,326 0 0
Soufun Holdings Ltd ADR 836034108 50,729 7,686,169 SH   SOLE   7,686,169 0 0
Vipshop Holdings Ltd ADR 92763W103 49,339 2,936,862 SH   SOLE   2,936,862 0 0