U.S. Mutual Funds
| Name | Ticker | Security No. | Shares | Market Value | Percent |
|---|---|---|---|---|---|
| Tenaris | TS US | 88031M109 | 74500 | 3107395.00 | 6.73% |
| EOG Resources | EOG US | 26875P101 | 26100 | 2826630.00 | 6.12% |
| Vale | VALE US | 91912E105 | 161800 | 2648666.00 | 5.74% |
| Royal Dutch Shell PLC | RDSB LN | G7690A118 | 72200 | 2604930.53 | 5.64% |
| Eni | ENI IM | 7145056 | 100200 | 2225434.53 | 4.82% |
| BHP Billiton | BLT LN | 0056650 | 74000 | 2157995.84 | 4.68% |
| Schlumberger | SLB US | 806857108 | 28700 | 2077306.00 | 4.50% |
| Shin-Etsu Chemical | 4063 JP | 6804585 | 38000 | 2031033.75 | 4.40% |
| Praxair Com | PX US | 74005P104 | 19000 | 2004500.00 | 4.34% |
| Goldcorp | G CN | 380956409 | 47200 | 1935653.93 | 4.19% |
| Rio Tinto | RIO LN | G75754104 | 42000 | 1824871.20 | 3.95% |
| Petrochina | 857 HK | 6226576 | 1480000 | 1784108.10 | 3.87% |
| Barrick Gold Corp | ABX US | 067901108 | 46300 | 1783476.00 | 3.86% |
| Air Liquide | AI FP | B1YXBJ7 | 15070 | 1777044.24 | 3.85% |
| Potash Corporation of Saskatchewan | POT US | 73755L107 | 43000 | 1766010.00 | 3.83% |
| Linde Ag | LIN GR | 5740817 | 10200 | 1610345.64 | 3.49% |
| Canadian National Railways | CNI US | 136375102 | 16900 | 1547026.00 | 3.35% |
| PTT Exploration and Production PCL | PTTEP/F TB | B1359J0 | 302600 | 1438882.96 | 3.12% |
| Petrobras | PBR US | 71654V408 | 66400 | 1403696.00 | 3.04% |
| Monsanto | MON US | 61166W101 | 14400 | 1254384.00 | 2.72% |
| Wilson Sons | WSON11 BZ | B1W1JX3 | 76500 | 1149919.37 | 2.49% |
| Fugro | FUR NA | B096LW7 | 18700 | 1140141.86 | 2.47% |
| Total | FP FP | B15C557 | 21400 | 1071026.38 | 2.32% |
| Quimica Y Minera De Chile | SQM US | 833635105 | 17100 | 1054044.00 | 2.28% |
| BG Group | BG/ LN | G1245Z108 | 50100 | 1024943.19 | 2.22% |
| Cash | Cash | 901283 | 901283.71 | 1.95% |
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.