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
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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
Agrium Inc. COM 008916108 2,587 29,176 SH   SOLE   29,176 0 0
Toronto-Dominion Bank NEW 891160509 237 5,469 SH   SOLE   5,469 0 0
Apple Inc. COM 037833100 27,375 251,172 SH   SOLE   251,172 0 0
Ambev SA - ADR ADRSPONSORED ADR 02319V103 821 158,481 SH   SOLE   158,481 0 0
Accenture PLC SHS CLASS A G1151C101 2,598 22,511 SH   SOLE   22,511 0 0
Allergan PLC SHS G0177J108 7,736 28,862 SH   SOLE   28,862 0 0
Allegion Plc ORD SHS G0176J109 6,239 97,933 SH   SOLE   97,933 0 0
Amgen Inc. COM 031162100 5,166 34,455 SH   SOLE   34,455 0 0
Amazon.Com Inc COM 023135106 5,762 9,707 SH   SOLE   9,707 0 0
Apache Corp. COM 037411105 2,386 48,881 SH   SOLE   48,881 0 0
Advanced Semiconductor E-Adr ADRSPONSORED ADR 00756M404 653 111,658 SH   SOLE   111,658 0 0
Activision Blizzard Inc COM 00507V109 1,942 57,388 SH   SOLE   57,388 0 0
Broadcom Limited ADDED Y09827109 5,764 37,308 SH   SOLE   37,308 0 0
American Express Co. COM 025816109 4,439 72,299 SH   SOLE   72,299 0 0
Boeing Company SHS 097023105 314 2,474 SH   SOLE   2,474 0 0
Alibaba Group Holding - Sp Adr SPONSORED ADS 01609W102 1,646 20,832 SH   SOLE   20,832 0 0
Bank of America Corp. COM 060505104 5,025 371,656 SH   SOLE   371,656 0 0
Credicorp Ltd COM G2519Y108 460 3,509 SH   SOLE   3,509 0 0
Banco Bradesco-ADR NEW 059460303 1,772 237,836 SH   SOLE   237,836 0 0
Biogen Inc COM 09062X103 2,962 11,380 SH   SOLE   11,380 0 0
Blackrock Inc COM 09247X101 9,597 28,178 SH   SOLE   28,178 0 0
Biomarin Pharmaceutical Inc COM 09061G101 533 6,460 SH   SOLE   6,460 0 0
Bristol-Myers Squibb COM 110122108 7,686 120,313 SH   SOLE   120,313 0 0
Banco Santander Chile ADR COM 05965X109 947 48,915 SH   SOLE   48,915 0 0
Blackstone Group LP COM UNIT LTD 09253U108 3,721 132,655 SH   SOLE   132,655 0 0
Citigroup Inc. NEW 172967424 7,859 188,229 SH   SOLE   188,229 0 0
Crown Castle Intl Corp COM 22822V101 6,277 72,568 SH   SOLE   72,568 0 0
Celgene Corp COM 151020104 3,927 39,238 SH   SOLE   39,238 0 0
CNOOC Ltd. ADR ADRSPONSORED ADR 126132109 1,218 10,406 SH   SOLE   10,406 0 0
Cerner Corp COM 156782104 434 8,200 SH   SOLE   8,200 0 0
Cabot Oil & Gas Corp COM 127097103 4,945 217,746 SH   SOLE   217,746 0 0
Calpine Corp NEW 131347304 5,477 361,054 SH   SOLE   361,054 0 0
Cisco Systems COM 17275R102 11,626 408,351 SH   SOLE   408,351 0 0
Cognizant Tech Solutions CL A 192446102 4,417 70,441 SH   SOLE   70,441 0 0
CVS Health Corp COM 126650100 10,492 101,145 SH   SOLE   101,145 0 0
Walt Disney Co. COM DISNEY 254687106 8,143 82,000 SH   SOLE   82,000 0 0
Delphi Automotive Plc SHS G27823106 5,397 71,944 SH   SOLE   71,944 0 0
Brinker Intl Inc COM 109641100 969 21,083 SH   SOLE   21,083 0 0
Edison International COM 281020107 2,339 32,542 SH   SOLE   32,542 0 0
Estee Lauder Companies Class A CL A 518439104 9,104 96,534 SH   SOLE   96,534 0 0
Eog Resources COM 26875P101 6,130 84,465 SH   SOLE   84,465 0 0
Diamondback Energy Inc. COM 25278X109 5,031 65,180 SH   SOLE   65,180 0 0
Facebook Inc. CL A 30303M102 7,179 62,916 SH   SOLE   62,916 0 0
Fomento Economico Mex-Sp ADR SPON ADR UNITS 344419106 938 9,743 SH   SOLE   9,743 0 0
General Electric COM 369604103 7,445 234,207 SH   SOLE   234,207 0 0
Gilead Sciences Inc. COM 375558103 4,630 50,398 SH   SOLE   50,398 0 0
Alphabet Inc - Cl C ADDED 02079K107 12,625 16,947 SH   SOLE   16,947 0 0
Home Depot COM 437076102 2,137 16,019 SH   SOLE   16,019 0 0
Hdfc Bank Ltd Adr ADR REPS 3 SHS 40415F101 390 6,325 SH   SOLE   6,325 0 0
Honeywell International COM 438516106 12,790 114,144 SH   SOLE   114,144 0 0
International Business Machines COM 459200101 201 1,325 SH   SOLE   1,325 0 0
ICICI Bank Ltd-Spon ADR ADR 45104G104 990 138,250 SH   SOLE   138,250 0 0
Infosys Technologies-Sp ADR ADRSPONSORED ADR 456788108 1,588 83,480 SH   SOLE   83,480 0 0
Intel Corp. COM 458140100 1,263 39,055 SH   SOLE   39,055 0 0
Ingersoll Rand Co. SHS G47791101 5,953 96,008 SH   SOLE   96,008 0 0
Itau Unibanco Hldng-Pref ADR SPON ADR REP PFD 465562106 714 83,068 SH   SOLE   83,068 0 0
JD.com Inc-Adr CL A 47215P106 916 34,552 SH   SOLE   34,552 0 0
Johnson & Johnson COM 478160104 6,173 57,051 SH   SOLE   57,051 0 0
JP Morgan Chase & Company COM 46625H100 14,253 240,687 SH   SOLE   240,687 0 0
Coca Cola Co. COM 191216100 4,747 102,332 SH   SOLE   102,332 0 0
KT Corp. SP ADR ADRSPONSORED ADR 48268K101 632 47,074 SH   SOLE   47,074 0 0
L Brands Inc COM 501797104 4,723 53,791 SH   SOLE   53,791 0 0
Lockheed Martin Inc. COM 539830109 8,952 40,417 SH   SOLE   40,417 0 0
Louisiana-Pacific Corp. COM 546347105 3,597 210,082 SH   SOLE   210,082 0 0
Lyondellbasell Indu-CL A SHS A N53745100 4,005 46,802 SH   SOLE   46,802 0 0
Mastercard Inc CL A 57636Q104 5,093 53,890 SH   SOLE   53,890 0 0
McDonald's Corp. COM 580135101 236 1,875 SH   SOLE   1,875 0 0
McKesson HBOC Inc. COM 58155Q103 3,256 20,704 SH   SOLE   20,704 0 0
Medtronic Plc SHS G5960L103 9,272 123,627 SH   SOLE   123,627 0 0
Altria Group Inc. COM 02209S103 2,390 38,145 SH   SOLE   38,145 0 0
Merck & Co. Inc. COM 58933Y105 472 8,925 SH   SOLE   8,925 0 0
Morgan Stanley NEW 617446448 4,515 180,532 SH   SOLE   180,532 0 0
Microsoft Corp. COM 594918104 16,792 304,045 SH   SOLE   304,045 0 0
NextEra Energy Inc. COM 65339F101 5,374 45,411 SH   SOLE   45,411 0 0
Nike Inc. CL B 654106103 2,207 35,898 SH   SOLE   35,898 0 0
Northrop Grumman Corp. COM 666807102 7,359 37,183 SH   SOLE   37,183 0 0
Oracle Corp. COM 68389X105 11,886 290,550 SH   SOLE   290,550 0 0
Pitney Bowes Inc. COM 724479100 3,288 152,647 SH   SOLE   152,647 0 0
Priceline Group Inc NEW 741503403 3,038 2,357 SH   SOLE   2,357 0 0
PepsiCo Inc. COM 713448108 12,024 117,327 SH   SOLE   117,327 0 0
Pfizer Inc. COM 717081103 10,097 340,641 SH   SOLE   340,641 0 0
Procter & Gamble COM 742718109 5,832 70,853 SH   SOLE   70,853 0 0
Philip Morris International Inc COM 718172109 5,232 53,330 SH   SOLE   53,330 0 0
Prudential Financial Inc. COM 744320102 1,992 27,582 SH   SOLE   27,582 0 0
Praxair Inc. COM 74005P104 4,219 36,860 SH   SOLE   36,860 0 0
Ryanair Hldgs ADR ADDED 783513203 15,206 177,181 SH   SOLE   177,181 0 0
Starbucks Corp. COM 855244109 5,125 85,852 SH   SOLE   85,852 0 0
Schlumberger Ltd. COM 806857108 6,610 89,621 SH   SOLE   89,621 0 0
Simon Property Group COM 828806109 2,479 11,937 SH   SOLE   11,937 0 0
Suntrust Banks Inc. COM 867914103 4,611 127,792 SH   SOLE   127,792 0 0
Steel Dynamics Inc COM 858119100 4,986 221,503 SH   SOLE   221,503 0 0
Synchrony Financial COM 87165B103 5,335 186,155 SH   SOLE   186,155 0 0
Stryker Corp. COM 863667101 7,622 71,042 SH   SOLE   71,042 0 0
AT&T Inc. COM 00206R102 2,344 59,851 SH   SOLE   59,851 0 0
Tiffany & Co. COM 886547108 2,533 34,516 SH   SOLE   34,516 0 0
TJX Companies Inc. COM 872540109 11,326 144,562 SH   SOLE   144,562 0 0
T-Mobile US Inc. COM 872590104 2,403 62,738 SH   SOLE   62,738 0 0
Taiwan Semiconductor-ADR ADRSPONSORED ADR 874039100 3,482 132,900 SH   SOLE   132,900 0 0
Tyson Foods Inc Class A CL A 902494103 3,824 57,370 SH   SOLE   57,370 0 0
Tata Motors Ltd-Spon ADR ADRSPONSORED ADR 876568502 494 16,996 SH   SOLE   16,996 0 0
Grupo Televisa Sa-Spon ADR SPON ADR REP ORD 40049J206 652 23,739 SH   SOLE   23,739 0 0
Time Warner Cable Inc OLD COM 88732J207 525 2,564 SH   SOLE   2,564 0 0
Time Warner Inc. NEW 887317303 5,267 72,593 SH   SOLE   72,593 0 0
United Health Group Inc. COM 91324P102 7,142 55,409 SH   SOLE   55,409 0 0
United Parcel Service Class B CL B 911312106 228 2,159 SH   SOLE   2,159 0 0
US Bancorp Inc. NEW 902973304 350 8,624 SH   SOLE   8,624 0 0
Visa Inc-Class A CL A 92826C839 5,825 76,170 SH   SOLE   76,170 0 0
Valero Energy COM 91913Y100 212 3,313 SH   SOLE   3,313 0 0
Verizon Communications COM 92343V104 1,685 31,161 SH   SOLE   31,161 0 0
Walgreens Boots Alliance Inc COM 931427108 240 2,850 SH   SOLE   2,850 0 0
Wells Fargo & Company COM 949746101 7,949 164,368 SH   SOLE   164,368 0 0
Wynn Resorts Ltd COM 983134107 4,235 45,329 SH   SOLE   45,329 0 0
Exxon Mobil Corp. COM 30231G102 10,201 122,031 SH   SOLE   122,031 0 0
Yum! Brands Inc. COM 988498101 4,152 50,726 SH   SOLE   50,726 0 0
Zayo Group Holdings Inc. COM 98919V105 3,741 154,327 SH   SOLE   154,327 0 0
iShares MSCI Emerging Markets Indx (ETF) MSCI EMG MKT ETF 464287234 766 22,353 SH   SOLE   22,353 0 0