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
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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
58.COM-ADR SPON ADR REP A 31680Q104 2,380 45,000 SH   SOLE N/A 45,000 0 0
ALERE INC COM 01449J105 63,465 1,297,859 SH   SOLE N/A 1,297,859 0 0
ALTRIA GROUP INC COM 02209S103 16,767 335,200 SH   SOLE N/A 335,200 0 0
AMAZON.COM INC COM 023135106 94,886 255,000 SH   SOLE N/A 255,000 0 0
AMBEV SA-ADR SPON ADR 02319V103 30,827 5,351,900 SH   SOLE N/A 5,351,900 0 0
AMERICAN AIRLINE COM 02376R102 77,757 1,473,230 SH   SOLE N/A 1,473,230 0 0
AMERICAN INTERNA SPON ADR 026874784 96,704 1,765,000 SH   SOLE N/A 1,765,000 0 0
AMERICAN TOWER C COM 03027X100 96,033 1,020,000 SH   SOLE N/A 1,020,000 0 0
AMERICA-SPON ADR COM 02364W105 41,083 2,007,984 SH   SOLE N/A 2,007,984 0 0
AMGEN INC COM 031162100 16,177 101,200 SH   SOLE N/A 101,200 0 0
APACHE CORP COM 037411105 41,024 680,000 SH   SOLE N/A 680,000 0 0
APPLE INC COM 037833100 143,781 1,155,518 SH   SOLE N/A 1,155,518 0 0
BAIDU INC-SP ADR SPON ADR REP A 056752108 23,549 113,000 SH   SOLE N/A 113,000 0 0
BAKER HUGHES INC COM 057224107 29,247 460,000 SH   SOLE N/A 460,000 0 0
BANCO SANTAN-ADR SP ADR PFD 05965X109 21,385 986,374 SH   SOLE N/A 986,374 0 0
BIOMARIN PHARMAC COM 09061G101 92,136 739,334 SH   SOLE N/A 739,334 0 0
BLACKROCK INC COM 09247X101 9,073 24,800 SH   SOLE N/A 24,800 0 0
BOEING CO/THE COM 097023105 9,995 66,600 SH   SOLE N/A 66,600 0 0
BORGWARNER INC COM 099724106 105,538 1,745,000 SH   SOLE N/A 1,745,000 0 0
BRADESCO-ADR COM 059460303 19,058 2,053,614 SH   SOLE N/A 2,053,614 0 0
BRISTOW GROUP IN COM 110394103 17,817 327,210 SH   SOLE N/A 327,210 0 0
CADENCE DESIGN COM 127387108 94,066 5,101,200 SH   SOLE N/A 5,101,200 0 0
CAE INC COM 124765108 38,544 2,607,850 SH   SOLE N/A 2,607,850 0 0
CANADIAN PACIFIC COM 13645T100 76,550 330,100 SH   SOLE N/A 330,100 0 0
CELGENE CORP COM 151020104 96,489 837,000 SH   SOLE N/A 837,000 0 0
CEMEX SAB-SP ADR SPON ADR NEW 151290889 41,035 4,333,127 SH   SOLE N/A 4,333,127 0 0
CITIGROUP INC COM NEW 172967424 126,739 2,460,000 SH   SOLE N/A 2,460,000 0 0
COGNIZANT TECH-A CL A 192446102 123,844 1,985,000 SH   SOLE N/A 1,985,000 0 0
CONSTELLATION-A CL A 21036P108 75,274 647,740 SH   SOLE N/A 647,740 0 0
CVS HEALTH CORP COM 126650100 159,975 1,550,000 SH   SOLE N/A 1,550,000 0 0
DOLLAR GENERAL C COM 256677105 155,057 2,057,000 SH   SOLE N/A 2,057,000 0 0
EOG RESOURCES COM 26875P101 114,613 1,250,000 SH   SOLE N/A 1,250,000 0 0
EQUINIX INC COM PAR $0.001 29444U700 89,065 382,500 SH   SOLE N/A 382,500 0 0
ESTEE LAUDER CL A 518439104 17,721 213,100 SH   SOLE N/A 213,100 0 0
EXXON MOBIL CORP COM 30231G102 74,673 878,507 SH   SOLE N/A 878,507 0 0
FACEBOOK INC-A CL A 30303M102 100,878 1,227,000 SH   SOLE N/A 1,227,000 0 0
FOMENTO ECON-ADR SPON ADR UNITS 344419106 50,088 535,700 SH   SOLE N/A 535,700 0 0
GILDAN ACTIVEWEA COM 375916103 107,246 2,872,140 SH   SOLE N/A 2,872,140 0 0
GILEAD SCIENCES COM 375558103 71,144 725,000 SH   SOLE N/A 725,000 0 0
GOOGLE INC-A CL A 38259P508 77,002 138,818 SH   SOLE N/A 138,818 0 0
GOOGLE INC-C CL C 38259P706 81,552 148,818 SH   SOLE N/A 148,818 0 0
GRUPO TELEV-ADR SPON ADR 40049J206 45,273 1,371,500 SH   SOLE N/A 1,371,500 0 0
HALLIBURTON CO COM 406216101 71,129 1,621,000 SH   SOLE N/A 1,621,000 0 0
HONEYWELL INTL COM 438516106 8,992 86,200 SH   SOLE N/A 86,200 0 0
HORMEL FOODS CRP COM 440452100 17,197 302,500 SH   SOLE N/A 302,500 0 0
IHS INC-CLASS A CL A 451734107 44,631 392,324 SH   SOLE N/A 392,324 0 0
ISHARES MSCI SOU MCSI STH KOR ETF 464286772 67,543 1,180,000 SH   SOLE N/A 1,180,000 0 0
ISHARES MSCI TAI MCSI TAIWAN ETF 464286731 28,332 1,800,000 SH   SOLE N/A 1,800,000 0 0
ITAU UNIBANC-ADR SPON ADR REP PFD 465562106 31,689 2,865,217 SH   SOLE N/A 2,865,217 0 0
JOHNSON&JOHNSON COM 478160104 15,362 152,700 SH   SOLE N/A 152,700 0 0
JPMORGAN CHASE COM 46625H100 109,044 1,800,000 SH   SOLE N/A 1,800,000 0 0
LAM RESEARCH COM 512807108 104,603 1,489,325 SH   SOLE N/A 1,489,325 0 0
LAREDO PETROLEUM COM 516806106 958 73,500 SH   SOLE N/A 73,500 0 0
MCDONALDS CORP COM 580135101 16,867 173,100 SH   SOLE N/A 173,100 0 0
MELCO CROWN-ADR COM 585464100 51,514 2,400,476 SH   SOLE N/A 2,400,476 0 0
MERCK & CO COM 58933Y105 16,399 285,300 SH   SOLE N/A 285,300 0 0
METHANEX CORP ADR 59151K108 78,672 1,160,183 SH   SOLE N/A 1,160,183 0 0
METLIFE INC COM 59156R108 7,977 157,800 SH   SOLE N/A 157,800 0 0
MICROSOFT CORP COM 594918104 148,964 3,664,110 SH   SOLE N/A 3,664,110 0 0
MKT VECT-GOLD MI COM 57060U100 182,509 10,006,000 SH   SOLE N/A 10,006,000 0 0
MKT VECT-RUSSIA RUSSIA ETF 57060U506 64,952 3,814,000 SH   SOLE N/A 3,814,000 0 0
MONDELEZ INTER-A CL A 609207105 33,353 924,168 SH   SOLE N/A 924,168 0 0
MONSANTO CO COM 61166W101 91,720 815,000 SH   SOLE N/A 815,000 0 0
NUANCE COMMUNICA COM 67020Y100 4,520 315,000 SH   SOLE N/A 315,000 0 0
OSHKOSH CORP COM 688239201 56,313 1,154,182 SH   SOLE N/A 1,154,182 0 0
OUTFRONT MEDIA I COM 69007J106 4,720 157,761 SH   SOLE N/A 157,761 0 0
PETROBRAS SA-ADR SPON ADR 71654V408 5,970 993,309 SH   SOLE N/A 993,309 0 0
PFIZER INC COM 717081103 96,040 2,760,561 SH   SOLE N/A 2,760,561 0 0
PPL CORP COM 69351T106 44,587 1,324,620 SH   SOLE N/A 1,324,620 0 0
PRECISION DRILL COM 74022D308 37,728 4,686,700 SH   SOLE N/A 4,686,700 0 0
PRUDENTL FINL COM 744320102 78,402 976,238 SH   SOLE N/A 976,238 0 0
QUALCOMM INC COM 747525103 7,385 106,500 SH   SOLE N/A 106,500 0 0
QUANTA SERVICES COM 74762E102 45,929 1,609,858 SH   SOLE N/A 1,609,858 0 0
RAYTHEON CO COM NEW 755111507 8,838 80,900 SH   SOLE N/A 80,900 0 0
SALLY BEAUTY HOL COM 79546E104 33,201 966,000 SH   SOLE N/A 966,000 0 0
SANDISK CORP COM 80004C101 61,711 970,000 SH   SOLE N/A 970,000 0 0
SHERWIN-WILLIAMS COM 824348106 131,234 461,281 SH   SOLE N/A 461,281 0 0
SK TELEC-SPN ADR SPON ADR 78440P108 29,572 1,086,800 SH   SOLE N/A 1,086,800 0 0
STRYKER CORP COM 863667101 69,649 755,000 SH   SOLE N/A 755,000 0 0
SVB FINANCIAL GR COM 78486Q101 57,542 452,945 SH   SOLE N/A 452,945 0 0
TD AMERITRADE HO COM 87236Y108 101,552 2,725,488 SH   SOLE N/A 2,725,488 0 0
TELUS CORP COM 87971M103 18,389 437,100 SH   SOLE N/A 437,100 0 0
TEXAS INSTRUMENT COM 882508104 89,504 1,565,158 SH   SOLE N/A 1,565,158 0 0
TIME WARNER CABL COM 88732J207 56,205 375,000 SH   SOLE N/A 375,000 0 0
TPG SPECIALTY LE COM 87265K102 60,037 3,488,476 SH   SOLE N/A 3,488,476 0 0
UNION PAC CORP COM 907818108 102,288 944,400 SH   SOLE N/A 944,400 0 0
UNITED RENTALS COM 911363109 90,548 993,291 SH   SOLE N/A 993,291 0 0
UNITEDHEALTH GRP COM 91324P102 165,262 1,397,093 SH   SOLE N/A 1,397,093 0 0
US BANCORP COM NEW 902973304 16,778 384,200 SH   SOLE N/A 384,200 0 0
VERIZON COMMUNIC COM 92343V104 104,311 2,145,000 SH   SOLE N/A 2,145,000 0 0
VIPSHOP HOLDINGS SPONSORED ADR 92763W103 5,594 190,000 SH   SOLE N/A 190,000 0 0
VISA INC-CLASS A COM CL A 92826C839 116,953 1,788,000 SH   SOLE N/A 1,788,000 0 0
WELLS FARGO & CO COM 949746101 184,362 3,389,000 SH   SOLE N/A 3,389,000 0 0
WEYERHAEUSER CO COM 962166104 80,071 2,415,406 SH   SOLE N/A 2,415,406 0 0
YUM! BRANDS INC COM 988498101 99,094 1,258,815 SH   SOLE N/A 1,258,815 0 0