U.S. Mutual Funds
| Name | Ticker | Security No. | Shares | Market Value | Percent |
|---|---|---|---|---|---|
| Vale | VALE US | 91912E105 | 152200 | 3069874.00 | 6.64% |
| Tenaris | TS US | 88031M109 | 66500 | 2797655.00 | 6.05% |
| Royal Dutch Shell PLC | RDSB LN | G7690A118 | 69700 | 2535004.54 | 5.48% |
| EOG Resources | EOG US | 26875P101 | 19900 | 2487102.00 | 5.38% |
| BHP Billiton | BLT LN | 0056650 | 66000 | 2257078.33 | 4.88% |
| Eni | ENI IM | 7145056 | 87500 | 2196112.94 | 4.75% |
| Shin-Etsu Chemical | 4063 JP | 6804585 | 34600 | 2119373.47 | 4.58% |
| Praxair Com | PX US | 74005P104 | 19000 | 2097030.00 | 4.53% |
| Schlumberger | SLB US | 806857108 | 26600 | 2076130.00 | 4.49% |
| Rio Tinto | RIO LN | G75754104 | 36700 | 2071422.13 | 4.48% |
| Air Liquide | AI FP | B1YXBJ7 | 15070 | 1925737.79 | 4.16% |
| Goldcorp | G CN | 380956409 | 53000 | 1864006.25 | 4.03% |
| Potash Corporation of Saskatchewan | POT US | 73755L107 | 42500 | 1806250.00 | 3.91% |
| Barrick Gold Corp | ABX US | 067901108 | 54000 | 1723680.00 | 3.73% |
| Linde Ag | LIN GR | 5740817 | 9300 | 1696648.68 | 3.67% |
| Canadian National Railways | CNI US | 136375102 | 15400 | 1473164.00 | 3.19% |
| Monsanto | MON US | 61166W101 | 14400 | 1459440.00 | 3.16% |
| Wilson Sons | WSON11 BZ | B1W1JX3 | 76500 | 1230271.50 | 2.66% |
| Cash | Cash | 1209883 | 1209883.50 | 2.62% | |
| Total | FP FP | B15C557 | 21400 | 1159905.99 | 2.51% |
| Fugro | FUR NA | B096LW7 | 18700 | 1132992.03 | 2.45% |
| BG Group | BG/ LN | G1245Z108 | 63500 | 1127572.04 | 2.44% |
| Sociedad Quimica y Minera de Chile | SQM US | 833635105 | 17100 | 971964.00 | 2.10% |
| Petrochina | 857 HK | 6226576 | 662000 | 944068.65 | 2.04% |
| Petrobras | PBR US | 71654V408 | 47700 | 871956.00 | 1.89% |
| National Oilwell Varco | NOV US | 637071101 | 10100 | 748814.00 | 1.62% |
| Chevron Corp. | CVX US | 166764100 | 6200 | 713930.00 | 1.54% |
| VOPAK | VPK NA | 5809428 | 7100 | 484673.97 | 1.05% |
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.