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
AGNICO EAGLE MINES LTD COM 008474108 3,920 138,000 SH   SOLE   3,920 0 0
AKAMAI TECHNOLOGIES INC COM 00971T101 223 3,200 SH   SOLE   223 0 0
AMERICAN TOWER CORP NEW COM 03027X100 4,331 46,430 SH   SOLE   4,331 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 19,101 392,780 SH   SOLE   19,101 0 0
ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 3,305 369,303 SH   SOLE   3,305 0 0
APPLE INC COM 037833100 10,131 80,770 SH   SOLE   10,131 0 0
AUTOLIV INC COM 052800109 6,919 59,260 SH   SOLE   6,919 0 0
BCE INC COM NEW 05534B760 5,182 121,900 SH   SOLE   5,182 0 0
BAXTER INTL INC COM 071813109 3,249 46,465 SH   SOLE   3,249 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 4,279 122,400 SH   SOLE   4,279 0 0
CAPITAL ONE FINL CORP COM 14040H105 8,057 91,590 SH   SOLE   8,057 0 0
COCA COLA CO COM 191216100 4,445 113,300 SH   SOLE   4,445 0 0
COLGATE PALMOLIVE CO COM 194162103 17,307 264,600 SH   SOLE   17,307 0 0
CONOCOPHILLIPS COM 20825C104 1,754 28,570 SH   SOLE   1,754 0 0
CUMMINS INC COM 231021106 6,570 50,080 SH   SOLE   6,570 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 4,232 60,310 SH   SOLE   4,232 0 0
EXXON MOBIL CORP COM 30231G102 7,204 86,590 SH   SOLE   7,204 0 0
GOOGLE INC CL A 38259P508 15,235 28,210 SH   SOLE   15,235 0 0
HCP INC COM 40414L109 11,881 325,770 SH   SOLE   11,881 0 0
HALLIBURTON CO COM 406216101 3,983 92,480 SH   SOLE   3,983 0 0
HASBRO INC COM 418056107 3,036 40,600 SH   SOLE   3,036 0 0
HEALTH CARE REIT INC COM 42217K106 11,876 180,955 SH   SOLE   11,876 0 0
HOST HOTELS & RESORTS INC COM 44107P104 4,354 219,550 SH   SOLE   4,354 0 0
JOHNSON & JOHNSON COM 478160104 12,333 126,540 SH   SOLE   12,333 0 0
KEURIG GREEN MTN INC COM 49271M100 3,602 47,000 SH   SOLE   3,602 0 0
KIMBERLY CLARK CORP COM 494368103 5,404 51,000 SH   SOLE   5,404 0 0
M & T BK CORP COM 55261F104 10,459 83,720 SH   SOLE   10,459 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 2,522 142,000 SH   SOLE   2,522 0 0
MARKET VECTORS ETF TR NATURAL RES ETF 57060U795 10,008 300,000 SH   SOLE   10,008 0 0
MCDONALDS CORP COM 580135101 19,311 203,120 SH   SOLE   19,311 0 0
MEDNAX INC COM 58502B106 222 3,000 SH   SOLE   222 0 0
MICROSOFT CORP COM 594918104 7,743 175,370 SH   SOLE   7,743 0 0
MONDELEZ INTL INC CL A 609207105 7,795 189,480 SH   SOLE   7,795 0 0
MORGAN STANLEY COM NEW 617446448 3,895 100,410 SH   SOLE   3,895 0 0
NASDAQ OMX GROUP INC COM 631103108 8,788 180,050 SH   SOLE   8,788 0 0
NVIDIA CORP COM 67066G104 3,416 169,860 SH   SOLE   3,416 0 0
ORACLE CORP COM 68389X105 17,745 440,332 SH   SOLE   17,745 0 0
PEPSICO INC COM 713448108 10,815 115,868 SH   SOLE   10,815 0 0
PLUM CREEK TIMBER CO INC COM 729251108 4,152 102,350 SH   SOLE   4,152 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 214 2,000 SH   SOLE   214 0 0
QUANTA SVCS INC COM 74762E102 4,014 139,290 SH   SOLE   4,014 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 6,317 178,000 SH   SOLE   6,317 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 14,836 680,800 SH   SOLE   14,836 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 3,036 133,690 SH   SOLE   3,036 0 0
3M CO COM 88579Y101 6,681 43,300 SH   SOLE   6,681 0 0
TUPPERWARE BRANDS CORP COM 899896104 1,743 27,000 SH   SOLE   1,743 0 0
UNITEDHEALTH GROUP INC COM 91324P102 10,479 85,890 SH   SOLE   10,479 0 0
VERMILION ENERGY INC COM 923725105 2,026 46,873 SH   SOLE   2,026 0 0
WASTE MGMT INC DEL COM 94106L109 927 20,000 SH   SOLE   927 0 0
WELLS FARGO & CO NEW COM 949746101 12,565 223,420 SH   SOLE   12,565 0 0