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
3M CO COM 88579Y101 125,089 1,143,514 SH   SOLE 1,143,514 0 0
51JOB INC SP ADR REP COM 316827104 38,166 565,342 SH   SOLE 565,342 0 0
ABBOTT LABS COM 002824100 113,556 3,255,313 SH   SOLE 3,255,313 0 0
ALLERGAN INC COM 018490102 128,559 1,525,406 SH   SOLE 1,525,406 0 0
ALLSTATE CORP COM 020002101 147 3,058 SH   SOLE 3,058 0 0
AMAZON COM INC COM 023135106 164,000 590,233 SH   SOLE 590,233 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 159,655 7,341,596 SH   SOLE 7,341,596 0 0
AMERICAN EXPRESS CO COM 025816109 125,882 1,683,449 SH   SOLE 1,683,449 0 0
AMETEK INC NEW COM 031100100 467 11,040 SH   SOLE 11,040 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 190,198 2,092,222 SH   SOLE 2,092,222 0 0
ARM HLDGS PLC SPONSORED ADR 042068106 211,166 5,722,485 SH   SOLE 5,722,485 0 0
AVERY DENNISON CORP COM 053611109 26 600 SH   SOLE 600 0 0
BAIDU INC SPON ADR REP A 056752108 193,729 2,039,645 SH   SOLE 2,039,645 0 0
BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR 05946K101 52,634 6,236,294 SH   SOLE 6,236,294 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 41,939 3,223,610 SH   SOLE 3,223,610 0 0
BANCO SANTANDER CHILE NEW SP ADR REP COM 05965X109 25,272 1,033,636 SH   SOLE 1,033,636 0 0
BANCOLOMBIA S A SPON ADR PREF 05968L102 842 14,900 SH   SOLE 14,900 0 0
BORGWARNER INC COM 099724106 121,966 1,415,404 SH   SOLE 1,415,404 0 0
BUNGE LIMITED COM G16962105 364,812 5,123,450 SH   SOLE 5,123,450 0 0
CANADIAN NATL RY CO COM 136375102 229,492 2,346,370 SH   SOLE 2,346,370 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 14,262 275,495 SH   SOLE 275,495 0 0
CITRIX SYS INC COM 177376100 151,535 2,509,727 SH   SOLE 2,509,727 0 0
CNOOC LTD SPONSORED ADR 126132109 44,689 266,831 SH   SOLE 266,831 0 0
COACH INC COM 189754104 261,176 4,573,634 SH   SOLE 4,573,634 0 0
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 129,289 921,513 SH   SOLE 921,513 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 85,951 1,371,564 SH   SOLE 1,371,564 0 0
COLGATE PALMOLIVE CO COM 194162103 185,252 3,232,805 SH   SOLE 3,232,805 0 0
COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 51,905 1,389,680 SH   SOLE 1,389,680 0 0
COPA HOLDINGS SA CL A P31076105 70,200 535,385 SH   SOLE 535,385 0 0
CREDICORP LTD COM G2519Y108 37,034 289,420 SH   SOLE 289,420 0 0
E M C CORP MASS COM 268648102 102,411 4,334,381 SH   SOLE 4,334,381 0 0
EBAY INC COM 278642103 290,529 5,613,934 SH   SOLE 5,613,934 0 0
ECOPETROL S A SPONSORED ADS 279158109 26,412 627,960 SH   SOLE 627,960 0 0
EMERSON ELEC CO COM 291011104 187,902 3,442,800 SH   SOLE 3,442,800 0 0
EXXON MOBIL CORP COM 30231G102 140,330 1,552,766 SH   SOLE 1,552,766 0 0
F5 NETWORKS INC COM 315616102 100,104 1,453,827 SH   SOLE 1,453,827 0 0
FIRST CASH FINL SVCS INC COM 31942D107 719 14,620 SH   SOLE 14,620 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100 117,943 3,064,516 SH   SOLE 3,064,516 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 53,001 513,630 SH   SOLE 513,630 0 0
FRESENIUS MED CARE AG&CO KGA SPONSORED ADR 358029106 113,722 3,374,542 SH   SOLE 3,374,542 0 0
GOOGLE INC CL A 38259P508 330,296 375,050 SH   SOLE 375,050 0 0
GRUPO AEROPORTUARIO DEL SURE SPON ADR SER B 40051E202 32,464 291,836 SH   SOLE 291,836 0 0
HDFC BANK LTD ADR REPS 3 SHS 40415F101 111,746 3,082,634 SH   SOLE 3,082,634 0 0
ICICI BK LTD ADR 45104G104 337,129 8,792,543 SH   SOLE 8,792,543 0 0
ILLINOIS TOOL WKS INC COM 452308109 55 800 SH   SOLE 800 0 0
IMPERIAL OIL LTD COM NEW 453038408 158,471 4,079,204 SH   SOLE 4,079,204 0 0
INFORMATICA CORP COM 45666Q102 117,994 3,370,528 SH   SOLE 3,370,528 0 0
ISHARES TR MSCI ACWI INDX 464288257 1,295 25,905 SH   SOLE 25,905 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 273,344 21,352,286 SH   SOLE 21,352,286 0 0
JOHNSON & JOHNSON COM 478160104 69 800 SH   SOLE 800 0 0
JPMORGAN CHASE & CO COM 46625H100 226,033 4,280,306 SH   SOLE 4,280,306 0 0
LAZARD LTD SHS A G54050102 105,654 3,286,268 SH   SOLE 3,286,268 0 0
MICROSOFT CORP COM 594918104 318,327 9,216,500 SH   SOLE 9,216,500 0 0
MONSANTO CO NEW COM 61166W101 166,429 1,683,919 SH   SOLE 1,683,919 0 0
NIKE INC CL B 654106103 220,153 3,457,160 SH   SOLE 3,457,160 0 0
NOBLE ENERGY INC COM 655044105 96 1,600 SH   SOLE 1,600 0 0
NOVARTIS A G SPONSORED ADR 66987V109 0 1 SH   SOLE 1 0 0
NOVO-NORDISK A S ADR 670100205 42,813 266,354 SH   SOLE 266,354 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 9,491 647,380 SH   SOLE 647,380 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 108,086 8,073,438 SH   SOLE 8,073,438 0 0
PHILIPPINE LONG DISTANCE TEL SPONSORED ADR 718252604 1,979 29,160 SH   SOLE 29,160 0 0
POTASH CORP SASK INC COM 73755L107 210,403 5,473,355 SH   SOLE 5,473,355 0 0
PRAXAIR INC COM 74005P104 131,568 1,142,319 SH   SOLE 1,142,319 0 0
PRICE T ROWE GROUP INC COM 74144T108 6,873 93,221 SH   SOLE 93,221 0 0
PROCTER & GAMBLE CO COM 742718109 106,440 1,381,978 SH   SOLE 1,381,978 0 0
QIAGEN NV REG SHS N72482107 127,200 6,388,752 SH   SOLE 6,388,752 0 0
RALPH LAUREN CORP CL A 751212101 107,214 616,844 SH   SOLE 616,844 0 0
ROPER INDS INC NEW COM 776696106 191,217 1,538,789 SH   SOLE 1,538,789 0 0
SAP AG SPON ADR 803054204 454,788 6,216,375 SH   SOLE 6,216,375 0 0
SASOL LTD SPONSORED ADR 803866300 41,881 961,240 SH   SOLE 961,240 0 0
SCHLUMBERGER LTD COM 806857108 488,726 6,777,215 SH   SOLE 6,777,215 0 0
SHIRE PLC SPONSORED ADR 82481R106 1,653 16,725 SH   SOLE 16,725 0 0
SIGMA ALDRICH CORP COM 826552101 224,115 2,787,847 SH   SOLE 2,787,847 0 0
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 23,278 576,200 SH   SOLE 576,200 0 0
SVB FINL GROUP COM 78486Q101 129,844 1,557,892 SH   SOLE 1,557,892 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 196,022 10,653,687 SH   SOLE 10,653,687 0 0
TENARIS S A SPONSORED ADR 88031M109 35,844 890,100 SH   SOLE 890,100 0 0
TERADATA CORP DEL COM 88076W103 85,298 1,696,581 SH   SOLE 1,696,581 0 0
TRANSOCEAN LTD REG SHS H8817H100 10 218 SH   SOLE 218 0 0
TRIMBLE NAVIGATION LTD COM 896239100 110,086 4,230,361 SH   SOLE 4,230,361 0 0
UNILEVER PLC SPON ADR NEW 904767704 46,361 1,112,565 SH   SOLE 1,112,565 0 0
VALE S A ADR 91912E105 45,454 3,456,577 SH   SOLE 3,456,577 0 0
VALE S A ADR REPSTG PFD 91912E204 8,100 666,100 SH   SOLE 666,100 0 0
WELLPOINT INC COM 94973V107 65 800 SH   SOLE 800 0 0
WELLS FARGO & CO NEW COM 949746101 420,406 10,185,672 SH   SOLE 10,185,672 0 0
WPP PLC NEW ADR 92937A102 115,511 1,314,420 SH   SOLE 1,314,420 0 0