U.S. Mutual Funds
| Name | Ticker | Security No. | Shares | Market Value | Percent |
|---|---|---|---|---|---|
| Roche | ROG VX | 7110388 | 212800 | 39784977.50 | 4.51% |
| BAT | BATS LN | G1510J102 | 769300 | 39497836.02 | 4.48% |
| Cash | Cash | 38817408 | 38817408.11 | 4.40% | |
| Vodafone | VOD LN | G93882135 | 12740700 | 36158246.75 | 4.10% |
| Novartis | NOVN VX | 7103065 | 575700 | 35254721.57 | 3.99% |
| Samsung Electronics | SMSD LI | 796050201 | 87775 | 30896800.00 | 3.50% |
| Nestle | NESN VX | H57312649 | 477900 | 30155564.01 | 3.42% |
| Standard Chartered | STAN LN | 0408284 | 1219500 | 27569480.40 | 3.12% |
| Zurich Financial Services | ZURN VX | 5983816 | 109800 | 27363078.89 | 3.10% |
| Eni | ENI IM | 7145056 | 1195600 | 26179935.51 | 2.97% |
| Tenaris | TS US | 88031M109 | 629132 | 25649711.64 | 2.91% |
| FEMSA | FMX US | 344419106 | 240400 | 22111992.00 | 2.51% |
| Taiwan Semiconductor Manufacturing | TSM US | 874039100 | 1357300 | 21472486.00 | 2.43% |
| Banco Bradesco | BBD US | 059460303 | 1327900 | 21339353.00 | 2.42% |
| Taiwan Semiconductor | 2330 TT | 6889106 | 6608000 | 20243173.70 | 2.29% |
| China Mobile | 941 HK | Y14965100 | 1809785 | 20062683.02 | 2.27% |
| QBE Insurance | QBE AU | 6715740 | 1392400 | 18750938.84 | 2.12% |
| Royal Dutch Shell PLC | RDSB LN | G7690A118 | 526700 | 18694323.22 | 2.12% |
| Petrobras | PBR/A US | 71654V101 | 833300 | 18390931.00 | 2.08% |
| Shin-Etsu Chemical | 4063 JP | 6804585 | 318399 | 17966214.64 | 2.04% |
| Centrica | CNA LN | B033F22 | 3354400 | 17755893.82 | 2.01% |
| HSBC Holdings | HSBA LN | 0540528 | 1912400 | 17704326.80 | 2.01% |
| Petrochina | 857 HK | 6226576 | 13374000 | 17525530.50 | 1.99% |
| Casino Guich-Perr | CO FP | F14133106 | 196400 | 17406873.71 | 1.97% |
| Nordea Bank | NDA SS | 5380031 | 1728900 | 17126564.13 | 1.94% |
| Oversea-Chinese Banking | OCBC SP | B0F9V20 | 2249184 | 17125332.51 | 1.94% |
| Potash Corp. of Saskatchewan | POT CN | 73755L107 | 390070 | 16939384.22 | 1.92% |
| Singapore Telecommunications | ST SP | B02PY22 | 6259000 | 16327589.79 | 1.85% |
| Canadian National Railways | CNR CN | 136375102 | 184300 | 16293592.17 | 1.85% |
| Vale | VALE/P US | 91912E204 | 768900 | 13348104.00 | 1.51% |
| Weir Group | WEIR LN | 0946580 | 463000 | 13218494.43 | 1.50% |
| Fanuc | 6954 JP | 6356934 | 79900 | 12919561.95 | 1.46% |
| Daito Trust Construction | 1878 JP | 6250508 | 128000 | 12915166.07 | 1.46% |
| GDF SUEZ | GSZ FP | B0C2CQ3 | 541000 | 12110710.53 | 1.37% |
| City Developments | CIT SP | 6197928 | 1253000 | 11991853.63 | 1.36% |
| Canon | 7751 JP | 6172323 | 368149 | 11806319.82 | 1.34% |
| Ericsson | ERICB SS | 5959378 | 1291600 | 11789989.18 | 1.34% |
| Linde Ag | LIN GR | 5740817 | 55200 | 9516275.06 | 1.08% |
| AIA Grp | 1299 HK | B4TX8S1 | 2456000 | 9154662.78 | 1.04% |
| BHP Billiton | BLT LN | 0056650 | 283800 | 8821894.62 | 1.00% |
| Wood Group (John) | WG/ LN | B5N0P84 | 659400 | 8555660.93 | 0.97% |
| SCHINDLER HOLDING AG | SCHP VX | B11TCY0 | 69500 | 8549060.10 | 0.97% |
| ATLAS COPCO AG | ATCOA SS | B1QGR41 | 364000 | 8510689.65 | 0.96% |
| Telus Corp | T CN | 87971M103 | 133800 | 8432182.95 | 0.96% |
| Schneider Electric | SU FP | 4834108 | 141700 | 8395948.14 | 0.95% |
| Swire Pacific | 19 HK | 6867748 | 673500 | 8252344.54 | 0.93% |
| Rio Tinto | RIO LN | G75754104 | 177000 | 8245895.46 | 0.93% |
| Royal Dutch Shell | RDSA LN | G7690A100 | 159400 | 5513489.15 | 0.62% |
Holdings are subject to change at any time. Holdings should not be relied upon in making investment decisions and should not be construed as research or investment advice regarding specific securities. By accessing the portfolio holdings, you agree not to reproduce, distribute or disseminate the portfolio holdings, in whole or in part.