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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
CREDICORP LTD COM G2519Y108   29,156,861 109,497 SH   SOLE   109,497 0 0
KINROSS GOLD CORP COM 496902404   87,172,259 3,507,938 SH   SOLE   3,507,938 0 0
TERNIUM SA SPONSORED ADS 880890108   30,793,320 886,649 SH   SOLE   886,649 0 0
LAUREATE EDUCATION INC COMMON STOCK 518613203   29,001,030 919,500 SH   SOLE   919,500 0 0
BANCO MACRO SA SPON ADR B 05961W105   19,504,825 461,216 SH   SOLE   461,216 0 0
COPA HOLDINGS SA CL A P31076105   25,902,760 218,000 SH   SOLE   218,000 0 0
ERO COPPER CORP COM 296006109   20,940,943 1,035,143 SH   SOLE   1,035,143 0 0
VISTA ENERGY S.A.B. DE C.V. SPONSORED ADS 92837L109   20,075,840 583,600 SH   SOLE   583,600 0 0
KASPI KZ JSC SPONSORED ADS 48581R205   14,187,816 173,700 SH   SOLE   173,700 0 0
QFIN HOLDINGS INC AMERICAN DEP 88557W101   14,697,946 510,700 SH   SOLE   510,700 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101   5,373,502 454,611 SH   SOLE   454,611 0 0