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
AETNA INC NEW COM 00817Y108 344 2,700 SH   SOLE   2,700 0 0
AGRIUM INC COM 008916108 189,563 1,786,364 SH   SOLE   1,786,364 0 0
AT&T INC COM 00206R102 243,462 6,854,219 SH   SOLE   6,854,219 0 0
BANK AMER CORP COM 060505104 245,981 14,452,496 SH   SOLE   14,452,496 0 0
BANK MONTREAL QUE COM 063671101 313,408 5,282,328 SH   SOLE   5,282,328 0 0
BANK N S HALIFAX COM 064149107 286,942 5,551,904 SH   SOLE   5,551,904 0 0
BARRICK GOLD CORP COM 067901108 647 60,500 SH   SOLE   60,500 0 0
BAXTER INTL INC COM 071813109 143,171 2,047,345 SH   SOLE   2,047,345 0 0
BB&T CORP COM 054937107 38,875 964,410 SH   SOLE   964,410 0 0
BCE INC COM NEW 05534B760 261,045 6,136,967 SH   SOLE   6,136,967 0 0
BLACKBERRY LTD COM 09228F103 19,406 2,370,964 SH   SOLE   2,370,964 0 0
BROOKFIELD PPTY PARTNERS L P UNIT LTD PARTN G16249107 153,688 6,941,005 SH   SOLE   6,941,005 0 0
CAE INC COM 124765108 99,085 8,311,904 SH   SOLE   8,311,904 0 0
CAMECO CORP COM 13321L108 69,631 4,860,518 SH   SOLE   4,860,518 0 0
CANADIAN NAT RES LTD COM 136385101 399,465 14,698,887 SH   SOLE   14,698,887 0 0
CAPITAL ONE FINL CORP COM 14040H105 264 3,000 SH   SOLE   3,000 0 0
CELESTICA INC SUB VTG SHS 15101Q108 217,901 18,693,926 SH   SOLE   18,693,926 0 0
CENOVUS ENERGY INC COM 15135U109 185,560 11,590,792 SH   SOLE   11,590,792 0 0
CHEVRON CORP NEW COM 166764100 22,391 232,107 SH   SOLE   232,107 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 28,882 450,650 SH   SOLE   450,650 0 0
CISCO SYS INC COM 17275R102 210,199 7,654,738 SH   SOLE   7,654,738 0 0
CITIGROUP INC COM NEW 172967424 259,588 4,699,272 SH   SOLE   4,699,272 0 0
COMCAST CORP NEW CL A SPL 20030N200 161,850 2,700,205 SH   SOLE   2,700,205 0 0
COMCAST CORP NEW CL A 20030N101 4,005 66,592 SH   SOLE   66,592 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 16,982 3,278,373 SH   SOLE   3,278,373 0 0
COMPANHIA PARANAENSE ENERG C SPON ADR PFD 20441B407 41,934 3,812,207 SH   SOLE   3,812,207 0 0
CONCORD MED SVCS HLDGS LTD SPONSORED ADR 206277105 705 100,000 SH   SOLE   100,000 0 0
CONOCOPHILLIPS COM 20825C104 211,540 3,444,723 SH   SOLE   3,444,723 0 0
DEVON ENERGY CORP NEW COM 25179M103 170,617 2,868,002 SH   SOLE   2,868,002 0 0
ENCANA CORP COM 292505104 152,339 13,800,093 SH   SOLE   13,800,093 0 0
ERICSSON ADR B SEK 10 294821608 60,081 5,754,901 SH   SOLE   5,754,901 0 0
EXXON MOBIL CORP COM 30231G102 207 2,490 SH   SOLE   2,490 0 0
FEDEX CORP COM 31428X106 596 3,500 SH   SOLE   3,500 0 0
FIRST SOLAR INC COM 336433107 38,629 822,247 SH   SOLE   822,247 0 0
FLUOR CORP NEW COM 343412102 51,595 973,310 SH   SOLE   973,310 0 0
FREEPORT-MCMORAN INC CL B 35671D857 89,750 4,820,101 SH   SOLE   4,820,101 0 0
FRESH DEL MONTE PRODUCE INC ORD G36738105 126,644 3,275,841 SH   SOLE   3,275,841 0 0
GENERAL DYNAMICS CORP COM 369550108 326 2,300 SH   SOLE   2,300 0 0
GENERAL ELECTRIC CO COM 369604103 262,421 9,876,579 SH   SOLE   9,876,579 0 0
GERDAU S A SPON ADR REP PFD 373737105 1,917 795,600 SH   SOLE   795,600 0 0
GILEAD SCIENCES INC COM 375558103 187,745 1,603,565 SH   SOLE   1,603,565 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 50,390 1,209,853 SH   SOLE   1,209,853 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 151,198 5,014,867 SH   SOLE   5,014,867 0 0
GOOGLE INC CL C 38259P706 485 932 SH   SOLE   932 0 0
HALYARD HEALTH INC COM 40650V100 4,407 108,817 SH   SOLE   108,817 0 0
HESS CORP COM 42809H107 103,344 1,545,215 SH   SOLE   1,545,215 0 0
HUDBAY MINERALS INC COM 443628102 175,701 21,073,969 SH   SOLE   21,073,969 0 0
ICICI BK LTD ADR 45104G104 16,953 1,627,000 SH   SOLE   1,627,000 0 0
INDIA FD INC COM 454089103 6,012 226,945 SH   SOLE   226,945 0 0
INFOSYS LTD SPONSORED ADR 456788108 16,484 1,040,000 SH   SOLE   1,040,000 0 0
ING GROEP N V SPONSORED ADR 456837103 5,402 325,834 SH   SOLE   325,834 0 0
INTEL CORP COM 458140100 125,381 4,122,349 SH   SOLE   4,122,349 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 197,783 1,215,927 SH   SOLE   1,215,927 0 0
ISHARES INC CORE MSCI EMKT 46434G103 20,417 425,000 SH   SOLE   425,000 0 0
ISHARES TR MSCI EAFE ETF 464287465 2,297 36,175 SH   SOLE   36,175 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 16,121 406,900 SH   SOLE   406,900 0 0
JOHNSON & JOHNSON COM 478160104 160,278 1,644,554 SH   SOLE   1,644,554 0 0
JOHNSON CTLS INC COM 478366107 84,486 1,705,750 SH   SOLE   1,705,750 0 0
KIMBERLY CLARK CORP COM 494368103 137,592 1,298,406 SH   SOLE   1,298,406 0 0
LIFEPOINT HEALTH INC COM 53219L109 82,225 945,657 SH   SOLE   945,657 0 0
MAGNA INTL INC COM 559222401 210,241 3,741,143 SH   SOLE   3,741,143 0 0
MANULIFE FINL CORP COM 56501R106 368,485 19,803,870 SH   SOLE   19,803,870 0 0
MARATHON OIL CORP COM 565849106 74,511 2,807,506 SH   SOLE   2,807,506 0 0
MEDTRONIC PLC SHS G5960L103 53,023 715,555 SH   SOLE   715,555 0 0
METLIFE INC COM 59156R108 563 10,049 SH   SOLE   10,049 0 0
MINDRAY MEDICAL INTL LTD SPON ADR 602675100 14,735 517,000 SH   SOLE   517,000 0 0
MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 7,904 808,200 SH   SOLE   808,200 0 0
MORGAN STANLEY INDIA INVS FD COM 61745C105 14,695 535,150 SH   SOLE   535,150 0 0
PENGROWTH ENERGY CORP COM 70706P104 38,757 15,495,476 SH   SOLE   15,495,476 0 0
PEPSICO INC COM 713448108 115,453 1,236,911 SH   SOLE   1,236,911 0 0
PFIZER INC COM 717081103 214,967 6,411,174 SH   SOLE   6,411,174 0 0
PHOTRONICS INC COM 719405102 12,088 1,271,070 SH   SOLE   1,271,070 0 0
PRECISION DRILLING CORP COM 2010 74022D308 23,080 3,427,425 SH   SOLE   3,427,425 0 0
PROCTER & GAMBLE CO COM 742718109 86,268 1,102,611 SH   SOLE   1,102,611 0 0
PRUDENTIAL FINL INC COM 744320102 496 5,670 SH   SOLE   5,670 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 243,106 6,845,381 SH   SOLE   6,845,381 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 258,977 4,229,484 SH   SOLE   4,229,484 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 756 13,187 SH   SOLE   13,187 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 208,824 3,662,943 SH   SOLE   3,662,943 0 0
SANOFI SPONSORED ADR 80105N105 676 13,655 SH   SOLE   13,655 0 0
SEMICONDUCTOR MFG INTL CORP SPONSORED ADR 81663N206 22,293 4,115,441 SH   SOLE   4,115,441 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,229 5,970 SH   SOLE   5,970 0 0
STATE STR CORP COM 857477103 140,734 1,827,709 SH   SOLE   1,827,709 0 0
STATOIL ASA SPONSORED ADR 85771P102 7,290 407,248 SH   SOLE   407,248 0 0
SUN LIFE FINL INC COM 866796105 335,029 10,021,960 SH   SOLE   10,021,960 0 0
SUNCOR ENERGY INC NEW COM 867224107 392,507 14,232,935 SH   SOLE   14,232,935 0 0
TECK RESOURCES LTD CL B 878742204 159,974 16,118,845 SH   SOLE   16,118,845 0 0
TELEFONICA S A SPONSORED ADR 879382208 426 30,015 SH   SOLE   30,015 0 0
TELUS CORP COM 87971M103 338,455 9,811,486 SH   SOLE   9,811,486 0 0
THOMPSON CREEK METALS CO INC COM 884768102 14,712 17,992,231 SH   SOLE   17,992,231 0 0
THOMSON REUTERS CORP COM 884903105 280,824 7,365,434 SH   SOLE   7,365,434 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 271,553 6,386,403 SH   SOLE   6,386,403 0 0
TOTAL S A SPONSORED ADR 89151E109 452 9,189 SH   SOLE   9,189 0 0
UNITED PARCEL SERVICE INC CL B 911312106 117,343 1,210,848 SH   SOLE   1,210,848 0 0
UNITEDHEALTH GROUP INC COM 91324P102 451 3,700 SH   SOLE   3,700 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 29,761 728,000 SH   SOLE   728,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 245,336 5,263,600 SH   SOLE   5,263,600 0 0
VISA INC COM CL A 92826C839 306 4,560 SH   SOLE   4,560 0 0
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 115,154 3,159,239 SH   SOLE   3,159,239 0 0
WAL-MART STORES INC COM 931142103 157,563 2,221,394 SH   SOLE   2,221,394 0 0
WUXI PHARMATECH CAYMAN INC SPONS ADR SHS 929352102 10,565 250,000 SH   SOLE   250,000 0 0