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
COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 157,055 4,204,956 SH   SOLE NONE 4,204,956 0 0
ANADARKO PETE CORP COM 032511107 1,177,309 13,700,787 SH   SOLE NONE 13,700,787 0 0
BANK OF AMERICA CORPORATION COM 060505104 764,076 59,414,938 SH   SOLE NONE 59,414,938 0 0
CREDICORP LTD COM G2519Y108 254,026 1,985,202 SH   SOLE NONE 1,985,202 0 0
BAIDU INC SPON ADR REP A 056752108 659,402 6,970,277 SH   SOLE NONE 6,970,277 0 0
GRUPO FINANCIERO SANTANDER M SPON ADR SHS B 40053C105 425,879 29,970,365 SH   SOLE NONE 29,970,365 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 409,350 6,693,104 SH   SOLE NONE 6,693,104 0 0
COMPANHIA BRASILEIRA DE DIST SPN ADR PFD CL A 20440T201 400,627 8,812,747 SH   SOLE NONE 8,812,747 0 0
CELGENE CORP COM 151020104 554,616 4,741,114 SH   SOLE NONE 4,741,114 0 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 375,957 7,567,578 SH   SOLE NONE 7,567,578 0 0
CORE LABORATORIES N V COM N22717107 521,967 3,441,689 SH   SOLE NONE 3,441,689 0 0
COMCAST CORP NEW CL A 20030N101 284,820 6,822,045 SH   SOLE NONE 6,822,045 0 0
CME GROUP INC COM 12572Q105 331,280 4,361,821 SH   SOLE NONE 4,361,821 0 0
HALLIBURTON CO COM 406216101 424,152 10,166,625 SH   SOLE NONE 10,166,625 0 0
INTERCONTINENTALEXCHANGE INC COM 45865V100 448,886 2,525,239 SH   SOLE NONE 2,525,239 0 0
LAS VEGAS SANDS CORP COM 517834107 691,061 13,056,126 SH   SOLE NONE 13,056,126 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 493,456 7,447,271 SH   SOLE NONE 7,447,271 0 0
MEAD JOHNSON NUTRITION CO COM 582839106 278,775 3,518,559 SH   SOLE NONE 3,518,559 0 0
MICROSOFT CORP COM 594918104 768,369 22,242,542 SH   SOLE NONE 22,242,542 0 0
SCHLUMBERGER LTD COM 806857108 595,763 8,313,744 SH   SOLE NONE 8,313,744 0 0
VALERO ENERGY CORP NEW COM 91913Y100 270,055 7,766,885 SH   SOLE NONE 7,766,885 0 0
YUM BRANDS INC COM 988498101 976,305 14,079,967 SH   SOLE NONE 14,079,967 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 596,506 13,344,650 SH   SOLE NONE 13,344,650 0 0
STARWOOD HOTELS&RESORTS WRLD COM 85590A401 143,299 2,267,746 SH   SOLE NONE 2,267,746 0 0