UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number (811-09871)

Cullen Funds Trust

(Exact name of registrant as specified in charter)

645 Fifth Avenue

New York, NY 10022

(Address of principal executive offices) (Zip code)

Brooks H. Cullen

645 Fifth Avenue

New York, NY 10022

(Name and address of agent for service)

Registrant's telephone number, including area code:  877-485-8586

Date of fiscal year end: June 30

Date of reporting period: June 30, 2008

Item 1. Proxy Voting Record.

Meeting Date Range: 01-Jul-2007 To 30-Jun-2008
Selected Accounts
ALLIED CAPITAL CORPORATION
Security:			01903Q108				Meeting Type:			Annual
Ticker:			ALD				Meeting Date:			10-Jun-2008
ISIN			US01903Q1085				Vote Deadline Date:			09-Jun-2008
Agenda			932827352	Management			Total Ballot Shares:			5491153
Last Vote Date:			19-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors				For
	1	JOHN D. FIRESTONE				380650		0	0		0
	2	ANTHONY T. GARCIA				380650		0	0		0
	3	LAWRENCE I. HEBERT				380650		0	0		0
	4	MARC F. RACICOT				380650		0	0		0
	5	LAURA W. VAN ROIJEN				380650		0	0		0
2	Ratify Appointment of Independent Auditors				For	380650		0	0		0
3	Authorize Sale of Assets				For	380650		0	0		0
ALTRIA GROUP, INC.
Security:			02209S103				Meeting Type:			Annual
Ticker:			MO				Meeting Date:			28-May-2008
ISIN			US02209S1033				Vote Deadline Date:			27-May-2008
Agenda			932886546	Management			Total Ballot Shares:			2223644
Last Vote Date:			01-May-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Majority Voting)				For	151400		0	0		0
2	Election of Directors (Majority Voting)				For	151400		0	0		0
3	Election of Directors (Majority Voting)				For	151400		0	0		0
4	Election of Directors (Majority Voting)				For	151400		0	0		0
5	Election of Directors (Majority Voting)				For	151400		0	0		0
6	Election of Directors (Majority Voting)				For	151400		0	0		0
7	Election of Directors (Majority Voting)				For	151400		0	0		0
8	Election of Directors (Majority Voting)				For	151400		0	0		0
9	Ratify Appointment of Independent Auditors				For	151400		0	0		0
10	S/H Proposal - Executive Compensation				Against	0		151400	0		0
11	S/H Proposal - Adopt Cumulative Voting				Against	0		151400	0		0
12	Miscellaneous Shareholder Proposal				Against	0		151400	0		0
13	Miscellaneous Shareholder Proposal				Against	0		151400	0		0
14	Miscellaneous Shareholder Proposal				Against	0		151400	0		0
15	S/H Proposal - Health Issues				Against	0		151400	0		0
AT&T INC.
Security:			00206R102				Meeting Type:			Annual
Ticker:			T				Meeting Date:			25-Apr-2008
ISIN			US00206R1023				Vote Deadline Date:			24-Apr-2008
Agenda			932822578	Management			Total Ballot Shares:			4525098
Last Vote Date:			23-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Majority Voting)				For	355000		0	0		0
2	Election of Directors (Majority Voting)				For	355000		0	0		0
3	Election of Directors (Majority Voting)				For	355000		0	0		0
4	Election of Directors (Majority Voting)				For	355000		0	0		0
5	Election of Directors (Majority Voting)				For	355000		0	0		0
6	Election of Directors (Majority Voting)				For	355000		0	0		0
7	Election of Directors (Majority Voting)				For	355000		0	0		0
8	Election of Directors (Majority Voting)				For	355000		0	0		0
9	Election of Directors (Majority Voting)				For	355000		0	0		0
10	Election of Directors (Majority Voting)				For	355000		0	0		0
11	Election of Directors (Majority Voting)				For	355000		0	0		0
12	Election of Directors (Majority Voting)				For	355000		0	0		0
13	Election of Directors (Majority Voting)				For	355000		0	0		0
14	Election of Directors (Majority Voting)				For	355000		0	0		0
15	Ratify Appointment of Independent Auditors				For	355000		0	0		0
16	S/H Proposal - Political/Government				Against	0		355000	0		0
17	Miscellaneous Shareholder Proposal				Against	0		355000	0		0
18	S/H Proposal - Nominate a Lead Director				Against	0		355000	0		0
19	Miscellaneous Shareholder Proposal				Against	0		355000	0		0
20	S/H Proposal - Advisory Vote Executive Pay				Against	0		355000	0		0
BANK OF AMERICA CORPORATION
Security:			060505104				Meeting Type:			Annual
Ticker:			BAC				Meeting Date:			23-Apr-2008
ISIN			US0605051046				Vote Deadline Date:			22-Apr-2008
Agenda			932828253	Management			Total Ballot Shares:			3117801
Last Vote Date:			20-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Majority Voting)				For	269900		0	0		0
2	Election of Directors (Majority Voting)				For	269900		0	0		0
3	Election of Directors (Majority Voting)				For	269900		0	0		0
4	Election of Directors (Majority Voting)				For	269900		0	0		0
5	Election of Directors (Majority Voting)				For	269900		0	0		0
6	Election of Directors (Majority Voting)				For	269900		0	0		0
7	Election of Directors (Majority Voting)				For	269900		0	0		0
8	Election of Directors (Majority Voting)				For	269900		0	0		0
9	Election of Directors (Majority Voting)				For	269900		0	0		0
10	Election of Directors (Majority Voting)				For	269900		0	0		0
11	Election of Directors (Majority Voting)				For	269900		0	0		0
12	Election of Directors (Majority Voting)				For	269900		0	0		0
13	Election of Directors (Majority Voting)				For	269900		0	0		0
14	Election of Directors (Majority Voting)				For	269900		0	0		0
15	Election of Directors (Majority Voting)				For	269900		0	0		0
16	Election of Directors (Majority Voting)				For	269900		0	0		0
17	Ratify Appointment of Independent Auditors				For	269900		0	0		0
18	S/H Proposal - Executive Compensation				Against	0		269900	0		0
19	S/H Proposal - Executive Compensation				Against	0		269900	0		0
20	S/H Proposal - Executive Compensation				Against	0		269900	0		0
21	S/H Proposal - Adopt Cumulative Voting				Against	0		269900	0		0
22	S/H Proposal - Separate Chairman/Coe				Against	0		269900	0		0
23	S/H Proposal - Proxy Process/Statement				Against	0		269900	0		0
24	Miscellaneous Shareholder Proposal				Against	0		269900	0		0
25	S/H Proposal - Human Rights Related				Against	0		269900	0		0
BP P.L.C.
Security:			055622104				Meeting Type:			Annual
Ticker:			BP				Meeting Date:			17-Apr-2008
ISIN			US0556221044				Vote Deadline Date:			10-Apr-2008
Agenda			932823354	Management			Total Ballot Shares:			2423731
Last Vote Date:			18-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	169600		0	0		0
2	Approve Remuneration of Directors and Auditors				For	169600		0	0		0
3	Election of Directors				For
	1	MR A BURGMANS				169600		0	0		0
	2	MRS C B CARROLL				169600		0	0		0
	3	SIR WILLIAM CASTELL				169600		0	0		0
	4	MR I C CONN				169600		0	0		0
	5	MR G DAVID				169600		0	0		0
	6	MR E B DAVIS, JR				169600		0	0		0
	7	MR D J FLINT				169600		0	0		0
	8	DR B E GROTE				169600		0	0		0
	9	DR A B HAYWARD				169600		0	0		0
	10	MR A G INGLIS				169600		0	0		0
	11	DR D S JULIUS				169600		0	0		0
	12	SIR TOM MCKILLOP				169600		0	0		0
	13	SIR IAN PROSSER				169600		0	0		0
	14	MR P D SUTHERLAND				169600		0	0		0
4	Approve Remuneration of Directors and Auditors				For	169600		0	0		0
5	Miscellaneous Corporate Actions				For	169600		0	0		0
6	Authorize Purchase of Assets				For	169600		0	0		0
7	Allot Securities				For	169600		0	0		0
8	Authorize Co to Carry Out Rights Issues/Ltd Issuances w/o Preemptive Rights				For	169600		0	0		0
BRISTOL-MYERS SQUIBB COMPANY
Security:			110122108				Meeting Type:			Annual
Ticker:			BMY				Meeting Date:			06-May-2008
ISIN			US1101221083				Vote Deadline Date:			05-May-2008
Agenda			932833557	Management			Total Ballot Shares:			6210940
Last Vote Date:			26-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Majority Voting)				For	566700		0	0		0
2	Election of Directors (Majority Voting)				For	566700		0	0		0
3	Election of Directors (Majority Voting)				For	566700		0	0		0
4	Election of Directors (Majority Voting)				For	566700		0	0		0
5	Election of Directors (Majority Voting)				For	566700		0	0		0
6	Election of Directors (Majority Voting)				For	566700		0	0		0
7	Election of Directors (Majority Voting)				For	566700		0	0		0
8	Election of Directors (Majority Voting)				For	566700		0	0		0
9	Election of Directors (Majority Voting)				For	566700		0	0		0
10	Election of Directors (Majority Voting)				For	566700		0	0		0
11	Ratify Appointment of Independent Auditors				For	566700		0	0		0
12	S/H Proposal - Executive Compensation				Against	0		566700	0		0
CEMEX, S.A.B. DE C.V.
Security:			151290889				Meeting Type:			Annual
Ticker:			CX				Meeting Date:			24-Apr-2008
ISIN			US1512908898				Vote Deadline Date:			21-Apr-2008
Agenda			932854828	Management			Total Ballot Shares:			4910447
Last Vote Date:			09-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	208413		0	0		0
2	Miscellaneous Corporate Actions				For	208413		0	0		0
3	Amend Articles/Charter to Reflect Changes in Capital				For	208413		0	0		0
4	Approve Remuneration of Directors and Auditors				For	208413		0	0		0
5	Miscellaneous Compensation Plans				For	208413		0	0		0
6	Miscellaneous Corporate Governance				For	208413		0	0		0
CHEVRON CORPORATION
Security:			166764100				Meeting Type:			Annual
Ticker:			CVX				Meeting Date:			28-May-2008
ISIN			US1667641005				Vote Deadline Date:			27-May-2008
Agenda			932865047	Management			Total Ballot Shares:			2196154
Last Vote Date:			16-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Majority Voting)				For	182000		0	0		0
2	Election of Directors (Majority Voting)				For	182000		0	0		0
3	Election of Directors (Majority Voting)				For	182000		0	0		0
4	Election of Directors (Majority Voting)				For	182000		0	0		0
5	Election of Directors (Majority Voting)				For	182000		0	0		0
6	Election of Directors (Majority Voting)				For	182000		0	0		0
7	Election of Directors (Majority Voting)				For	182000		0	0		0
8	Election of Directors (Majority Voting)				For	182000		0	0		0
9	Election of Directors (Majority Voting)				For	182000		0	0		0
10	Election of Directors (Majority Voting)				For	182000		0	0		0
11	Election of Directors (Majority Voting)				For	182000		0	0		0
12	Election of Directors (Majority Voting)				For	182000		0	0		0
13	Election of Directors (Majority Voting)				For	182000		0	0		0
14	Election of Directors (Majority Voting)				For	182000		0	0		0
15	Election of Directors (Majority Voting)				For	182000		0	0		0
16	Ratify Appointment of Independent Auditors				For	182000		0	0		0
17	Authorize Common Stock Increase				For	182000		0	0		0
18	S/H Proposal - Separate Chairman/Coe				Against	0		182000	0		0
19	S/H Proposal - Political/Government				Against	0		182000	0		0
20	S/H Proposal - Environmental				Against	0		182000	0		0
21	Miscellaneous Corporate Governance				Against	182000		0	0		0
22	S/H Proposal - Environmental				Against	0		182000	0		0
23	S/H Proposal - Environmental				Against	0		182000	0		0
CITIGROUP INC.
Security:			172967101				Meeting Type:			Annual
Ticker:			C				Meeting Date:			22-Apr-2008
ISIN			US1729671016				Vote Deadline Date:			21-Apr-2008
Agenda			932822679	Management			Total Ballot Shares:			619382
Last Vote Date:			18-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Majority Voting)				For	216750		0	0		0
2	Election of Directors (Majority Voting)				For	216750		0	0		0
3	Election of Directors (Majority Voting)				For	216750		0	0		0
4	Election of Directors (Majority Voting)				For	216750		0	0		0
5	Election of Directors (Majority Voting)				For	216750		0	0		0
6	Election of Directors (Majority Voting)				For	216750		0	0		0
7	Election of Directors (Majority Voting)				For	216750		0	0		0
8	Election of Directors (Majority Voting)				For	216750		0	0		0
9	Election of Directors (Majority Voting)				For	216750		0	0		0
10	Election of Directors (Majority Voting)				For	216750		0	0		0
11	Election of Directors (Majority Voting)				For	216750		0	0		0
12	Election of Directors (Majority Voting)				For	216750		0	0		0
13	Election of Directors (Majority Voting)				For	216750		0	0		0
14	Election of Directors (Majority Voting)				For	216750		0	0		0
15	Ratify Appointment of Independent Auditors				For	216750		0	0		0
16	S/H Proposal - Political/Government				Against	0		216750	0		0
17	S/H Proposal - Political/Government				Against	0		216750	0		0
18	S/H Proposal - Increase Disclosure of Executive Compensation				Against	0		216750	0		0
19	S/H Proposal - Nominate a Lead Director				Against	0		216750	0		0
20	Miscellaneous Shareholder Proposal				Against	0		216750	0		0
21	Miscellaneous Shareholder Proposal				Against	0		216750	0		0
22	S/H Proposal - Environmental				Against	0		216750	0		0
23	S/H Proposal - Human Rights Related				Against	0		216750	0		0
24	S/H Proposal - Establish Independent Chairman				Against	0		216750	0		0
25	Miscellaneous Corporate Governance				Against	216750		0	0		0
26	Miscellaneous Corporate Governance				None
DIAGEO PLC
Security:			25243Q205				Meeting Type:			Annual
Ticker:			DEO				Meeting Date:			16-Oct-2007
ISIN			US25243Q2057				Vote Deadline Date:			15-Oct-2007
Agenda			932775868	Management			Total Ballot Shares:			2328644
Last Vote Date:			01-Oct-2007
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Receive Directors' Report				For	165000		0	0		0
2	Approve Remuneration of Directors and Auditors				For	165000		0	0		0
3	Approve Allocation of Dividends on Shares Held By Company				For	165000		0	0		0
4	Election of Directors (Majority Voting)				For	165000		0	0		0
5	Election of Directors (Majority Voting)				For	165000		0	0		0
6	Election of Directors (Majority Voting)				For	165000		0	0		0
7	Ratify Appointment of Independent Auditors				For	165000		0	0		0
8	Allot Securities				For	165000		0	0		0
9	Authorize Co to Carry Out Rights Issues/Ltd Issuances w/o Preemptive Rights				For	165000		0	0		0
10	Authorize Purchase of Assets				For	165000		0	0		0
11	Miscellaneous Corporate Actions				For	165000		0	0		0
12	Adopt Employee Stock Purchase Plan				For	165000		0	0		0
13	Approve Article Amendments				For	165000		0	0		0
GENERAL ELECTRIC COMPANY
Security:			369604103				Meeting Type:			Annual
Ticker:			GE				Meeting Date:			23-Apr-2008
ISIN			US3696041033				Vote Deadline Date:			22-Apr-2008
Agenda			932823481	Management			Total Ballot Shares:			4432376
Last Vote Date:			13-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Majority Voting)				For	392700		0	0		0
2	Election of Directors (Majority Voting)				For	392700		0	0		0
3	Election of Directors (Majority Voting)				For	392700		0	0		0
4	Election of Directors (Majority Voting)				For	392700		0	0		0
5	Election of Directors (Majority Voting)				For	392700		0	0		0
6	Election of Directors (Majority Voting)				For	392700		0	0		0
7	Election of Directors (Majority Voting)				For	392700		0	0		0
8	Election of Directors (Majority Voting)				For	392700		0	0		0
9	Election of Directors (Majority Voting)				For	392700		0	0		0
10	Election of Directors (Majority Voting)				For	392700		0	0		0
11	Election of Directors (Majority Voting)				For	392700		0	0		0
12	Election of Directors (Majority Voting)				For	392700		0	0		0
13	Election of Directors (Majority Voting)				For	392700		0	0		0
14	Election of Directors (Majority Voting)				For	392700		0	0		0
15	Election of Directors (Majority Voting)				For	392700		0	0		0
16	Election of Directors (Majority Voting)				For	392700		0	0		0
17	Ratify Appointment of Independent Auditors				For	392700		0	0		0
18	S/H Proposal - Adopt Cumulative Voting				Against	0		392700	0		0
19	S/H Proposal - Separate Chairman/Coe				Against	0		392700	0		0
20	Miscellaneous Shareholder Proposal				Against	0		392700	0		0
21	Miscellaneous Shareholder Proposal				Against	0		392700	0		0
22	Miscellaneous Shareholder Proposal				Against	0		392700	0		0
23	S/H Proposal - Environmental				Against	0		392700	0		0
24	S/H Proposal - Executive Compensation				Against	0		392700	0		0
GENUINE PARTS COMPANY
Security:			372460105				Meeting Type:			Annual
Ticker:			GPC				Meeting Date:			21-Apr-2008
ISIN			US3724601055				Vote Deadline Date:			18-Apr-2008
Agenda			932819709	Management			Total Ballot Shares:			3288036
Last Vote Date:			06-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors				For
	1	DR. MARY B. BULLOCK				257700		0	0		0
	2	RICHARD W. COURTS II				257700		0	0		0
	3	JEAN DOUVILLE				257700		0	0		0
	4	THOMAS C. GALLAGHER				257700		0	0		0
	5	GEORGE C. "JACK" GUYNN				257700		0	0		0
	6	JOHN D. JOHNS				257700		0	0		0
	7	MICHAEL M. E. JOHNS, MD				257700		0	0		0
	8	J. HICKS LANIER				257700		0	0		0
	9	WENDY B. NEEDHAM				257700		0	0		0
	10	JERRY W. NIX				257700		0	0		0
	11	LARRY L. PRINCE				257700		0	0		0
	12	GARY W. ROLLINS				257700		0	0		0
	13	LAWRENCE G. STEINER				257700		0	0		0
2	Ratify Appointment of Independent Auditors				For	257700		0	0		0
GLAXOSMITHKLINE PLC
Security:			37733W105				Meeting Type:			Annual
Ticker:			GSK				Meeting Date:			21-May-2008
ISIN			US37733W1053				Vote Deadline Date:			13-May-2008
Agenda			932835753	Management			Total Ballot Shares:			808924
Last Vote Date:			27-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Receive Directors' Report				For	50000		0	0		0
2	Approve Remuneration of Directors and Auditors				For	50000		0	0		0
3	Election of Directors (Majority Voting)				For	50000		0	0		0
4	Election of Directors (Majority Voting)				For	50000		0	0		0
5	Election of Directors (Majority Voting)				For	50000		0	0		0
6	Election of Directors (Majority Voting)				For	50000		0	0		0
7	Election of Directors (Majority Voting)				For	50000		0	0		0
8	Election of Directors (Majority Voting)				For	50000		0	0		0
9	Ratify Appointment of Independent Auditors				For	50000		0	0		0
10	Approve Remuneration of Directors and Auditors				For	50000		0	0		0
11	Approve Charter Amendment				For	50000		0	0		0
12	Allot Securities				For	50000		0	0		0
13	Authorize Co to Carry Out Rights Issues/Ltd Issuances w/o Preemptive Rights				For	50000		0	0		0
14	Authorize Purchase of Assets				For	50000		0	0		0
15	Miscellaneous Corporate Actions				For	50000		0	0		0
H.J. HEINZ COMPANY
Security:			423074103				Meeting Type:			Annual
Ticker:			HNZ				Meeting Date:			15-Aug-2007
ISIN							Vote Deadline Date:			14-Aug-2007
Agenda			932750208	Management			Total Ballot Shares:			2902234
Last Vote Date:			06-Jul-2007
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors				For
	1	W.R. JOHNSON				291350		0	0		0
	2	C.E. BUNCH				291350		0	0		0
	3	L.S. COLEMAN, JR.				291350		0	0		0
	4	J.G. DROSDICK				291350		0	0		0
	5	E.E. HOLIDAY				291350		0	0		0
	6	C. KENDLE				291350		0	0		0
	7	D.R. O'HARE				291350		0	0		0
	8	N. PELTZ				291350		0	0		0
	9	D.H. REILLEY				291350		0	0		0
	10	L.C. SWANN				291350		0	0		0
	11	T.J. USHER				291350		0	0		0
	12	M.F. WEINSTEIN				291350		0	0		0
2	Ratify Appointment of Independent Auditors				For	291350		0	0		0
3	Amend Employee Stock Purchase Plan				For	291350		0	0		0
4	Approve Stock Compensation Plan				For	291350		0	0		0
5	Approve Director Indemnification				For	291350		0	0		0
6	Approve Charter Amendment				For	291350		0	0		0
7	Approve Charter Amendment				For	291350		0	0		0
HCP, INC.
Security:			40414L109				Meeting Type:			Annual
Ticker:			HCP				Meeting Date:			24-Apr-2008
ISIN			US40414L1098				Vote Deadline Date:			23-Apr-2008
Agenda			932838709	Management			Total Ballot Shares:			4865446
Last Vote Date:			31-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors				For
	1	ROBERT R. FANNING, JR.				450000		0	0		0
	2	JAMES F. FLAHERTY III				450000		0	0		0
	3	CHRISTINE N. GARVEY				450000		0	0		0
	4	DAVID B. HENRY				450000		0	0		0
	5	LAURALEE E. MARTIN				450000		0	0		0
	6	MICHAEL D. MCKEE				450000		0	0		0
	7	HAROLD M. MESSMER, JR.				450000		0	0		0
	8	PETER L. RHEIN				450000		0	0		0
	9	KENNETH B. ROATH				450000		0	0		0
	10	RICHARD M. ROSENBERG				450000		0	0		0
	11	JOSEPH P. SULLIVAN				450000		0	0		0
2	Ratify Appointment of Independent Auditors				For	450000		0	0		0
HEALTH CARE REIT, INC.
Security:			42217K106				Meeting Type:			Annual
Ticker:			HCN				Meeting Date:			01-May-2008
ISIN			US42217K1060				Vote Deadline Date:			30-Apr-2008
Agenda			932839078	Management			Total Ballot Shares:			3676413
Last Vote Date:			31-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors				For
	1	WILLIAM C. BALLARD, JR.				335000		0	0		0
	2	PETER J. GRUA				335000		0	0		0
	3	R. SCOTT TRUMBULL				335000		0	0		0
2	Ratify Appointment of Independent Auditors				For	335000		0	0		0
ING GROEP N.V.
Security:			456837103				Meeting Type:			Annual
Ticker:			ING				Meeting Date:			22-Apr-2008
ISIN			US4568371037				Vote Deadline Date:			14-Apr-2008
Agenda			932835828	Management			Total Ballot Shares:			958428
Last Vote Date:			27-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	258000		0	0		0
2	Dividends				For	258000		0	0		0
3	Approve Option Grants				For	258000		0	0		0
4	Approve Discharge of Management Board				For	258000		0	0		0
5	Approve Discharge of Supervisory Board				For	258000		0	0		0
6	Ratify Appointment of Independent Auditors				For	258000		0	0		0
7	Miscellaneous Corporate Governance				For	258000		0	0		0
8	Miscellaneous Corporate Governance				For	258000		0	0		0
9	Elect Supervisory Board Member				For	258000		0	0		0
10	Elect Supervisory Board Member				For	258000		0	0		0
11	Elect Supervisory Board Member				For	258000		0	0		0
12	Elect Supervisory Board Member				For	258000		0	0		0
13	Elect Supervisory Board Member				For	258000		0	0		0
14	Approve Remuneration of Directors and Auditors				For	258000		0	0		0
15	Stock Issuance				For	258000		0	0		0
16	Miscellaneous Compensation Plans				For	258000		0	0		0
17	Miscellaneous Compensation Plans				For	258000		0	0		0
18	Miscellaneous Compensation Plans				For	258000		0	0		0
19	Miscellaneous Compensation Plans				For	258000		0	0		0
20	Miscellaneous Compensation Plans				For	258000		0	0		0
21	Approve Article Amendments				For	258000		0	0		0
JOHNSON & JOHNSON
Security:			478160104				Meeting Type:			Annual
Ticker:			JNJ				Meeting Date:			24-Apr-2008
ISIN			US4781601046				Vote Deadline Date:			23-Apr-2008
Agenda			932823962	Management			Total Ballot Shares:			318429
Last Vote Date:			14-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors				For
	1	MARY SUE COLEMAN				205000		0	0		0
	2	JAMES G. CULLEN				205000		0	0		0
	3	MICHAEL M.E. JOHNS				205000		0	0		0
	4	ARNOLD G. LANGBO				205000		0	0		0
	5	SUSAN L. LINDQUIST				205000		0	0		0
	6	LEO F. MULLIN				205000		0	0		0
	7	WILLIAM D. PEREZ				205000		0	0		0
	8	CHRISTINE A. POON				205000		0	0		0
	9	CHARLES PRINCE				205000		0	0		0
	10	STEVEN S REINEMUND				205000		0	0		0
	11	DAVID SATCHER				205000		0	0		0
	12	WILLIAM C. WELDON				205000		0	0		0
2	Ratify Appointment of Independent Auditors				For	205000		0	0		0
3	S/H Proposal - Report on Executive Compensation				Against	0		205000	0		0
JPMORGAN CHASE & CO.
Security:			46625H100				Meeting Type:			Annual
Ticker:			JPM				Meeting Date:			20-May-2008
ISIN			US46625H1005				Vote Deadline Date:			19-May-2008
Agenda			932852280	Management			Total Ballot Shares:			3848902
Last Vote Date:			08-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Majority Voting)				For	317650		0	0		0
2	Election of Directors (Majority Voting)				For	317650		0	0		0
3	Election of Directors (Majority Voting)				For	317650		0	0		0
4	Election of Directors (Majority Voting)				For	317650		0	0		0
5	Election of Directors (Majority Voting)				For	317650		0	0		0
6	Election of Directors (Majority Voting)				For	317650		0	0		0
7	Election of Directors (Majority Voting)				For	317650		0	0		0
8	Election of Directors (Majority Voting)				For	317650		0	0		0
9	Election of Directors (Majority Voting)				For	317650		0	0		0
10	Election of Directors (Majority Voting)				For	317650		0	0		0
11	Election of Directors (Majority Voting)				For	317650		0	0		0
12	Election of Directors (Majority Voting)				For	317650		0	0		0
13	Ratify Appointment of Independent Auditors				For	317650		0	0		0
14	Amend Stock Compensation Plan				For	317650		0	0		0
15	Miscellaneous Corporate Governance				For	317650		0	0		0
16	S/H Proposal - Political/Government				Against	0		317650	0		0
17	S/H Proposal - Political/Government				Against	0		317650	0		0
18	S/H Proposal - Establish Independent Chairman				Against	0		317650	0		0
19	S/H Proposal - Executive Compensation				Against	0		317650	0		0
20	S/H Proposal - Require 2 Candidates for Each Board Seat				Against	0		317650	0		0
21	S/H Proposal - Human Rights Related				Against	0		317650	0		0
22	S/H Proposal - Political/Government				Against	0		317650	0		0
KIMBERLY-CLARK CORPORATION
Security:			494368103				Meeting Type:			Annual
Ticker:			KMB				Meeting Date:			17-Apr-2008
ISIN			US4943681035				Vote Deadline Date:			16-Apr-2008
Agenda			932821754	Management			Total Ballot Shares:			2344927
Last Vote Date:			11-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Majority Voting)				For	200950		0	0		0
2	Election of Directors (Majority Voting)				For	200950		0	0		0
3	Election of Directors (Majority Voting)				For	200950		0	0		0
4	Election of Directors (Majority Voting)				For	200950		0	0		0
5	Election of Directors (Majority Voting)				For	200950		0	0		0
6	Ratify Appointment of Independent Auditors				For	200950		0	0		0
7	Eliminate Supermajority Requirements				For	200950		0	0		0
8	Miscellaneous Shareholder Proposal				Against	0		200950	0		0
9	S/H Proposal - Human Rights Related				Against	0		200950	0		0
10	Miscellaneous Shareholder Proposal				Against	0		200950	0		0
11	S/H Proposal - Adopt Cumulative Voting				Against	0		200950	0		0
12	Miscellaneous Shareholder Proposal				Against	0		200950	0		0
KRAFT FOODS INC.
Security:			50075N104				Meeting Type:			Annual
Ticker:			KFT				Meeting Date:			13-May-2008
ISIN			US50075N1046				Vote Deadline Date:			12-May-2008
Agenda			932849346	Management			Total Ballot Shares:			596760
Last Vote Date:			05-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors				For
	1	AJAY BANGA				416132		0	0		0
	2	JAN BENNINK				416132		0	0		0
	3	MYRA M. HART				416132		0	0		0
	4	LOIS D. JULIBER				416132		0	0		0
	5	MARK D. KETCHUM				416132		0	0		0
	6	RICHARD A. LERNER, M.D.				416132		0	0		0
	7	JOHN C. POPE				416132		0	0		0
	8	FREDRIC G. REYNOLDS				416132		0	0		0
	9	IRENE B. ROSENFELD				416132		0	0		0
	10	MARY L. SCHAPIRO				416132		0	0		0
	11	DEBORAH C. WRIGHT				416132		0	0		0
	12	FRANK G. ZARB				416132		0	0		0
2	Ratify Appointment of Independent Auditors				For	416132		0	0		0
PETROCHINA COMPANY LIMITED
Security:			71646E100				Meeting Type:			Special
Ticker:			PTR				Meeting Date:			10-Aug-2007
ISIN							Vote Deadline Date:			02-Aug-2007
Agenda			932753076	Management			Total Ballot Shares:			1234586
Last Vote Date:			13-Jul-2007
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Issuance of Warrants				For	101150		0	0		0
2	Miscellaneous Corporate Actions				For	101150		0	0		0
PETROCHINA COMPANY LIMITED
Security:			71646E100				Meeting Type:			Annual
Ticker:			PTR				Meeting Date:			15-May-2008
ISIN			US71646E1001				Vote Deadline Date:			06-May-2008
Agenda			932883677	Management			Total Ballot Shares:			725768
Last Vote Date:			29-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Charter Amendment				For	101150		0	0		0
2	Receive Directors' Report				For	101150		0	0		0
3	Approve Previous Board's Actions				For	101150		0	0		0
4	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	101150		0	0		0
5	Approve Allocation of Dividends on Shares Held By Company				For	101150		0	0		0
6	Approve Allocation of Dividends on Shares Held By Company				For	101150		0	0		0
7	Ratify Appointment of Independent Auditors				For	101150		0	0		0
8	Election of Directors (Majority Voting)				For	101150		0	0		0
9	Election of Directors (Majority Voting)				For	101150		0	0		0
10	Election of Directors (Majority Voting)				For	101150		0	0		0
11	Election of Directors (Majority Voting)				For	101150		0	0		0
12	Election of Directors (Majority Voting)				For	101150		0	0		0
13	Election of Directors (Majority Voting)				For	101150		0	0		0
14	Election of Directors (Majority Voting)				For	101150		0	0		0
15	Election of Directors (Majority Voting)				For	101150		0	0		0
16	Election of Directors (Majority Voting)				For	101150		0	0		0
17	Election of Directors (Majority Voting)				For	101150		0	0		0
18	Election of Directors (Majority Voting)				For	101150		0	0		0
19	Election of Directors (Majority Voting)				For	101150		0	0		0
20	Election of Directors (Majority Voting)				For	101150		0	0		0
21	Election of Directors (Majority Voting)				For	101150		0	0		0
22	Election of Directors (Majority Voting)				For	101150		0	0		0
23	Election of Directors (Majority Voting)				For	101150		0	0		0
24	Election of Directors (Majority Voting)				For	101150		0	0		0
25	Election of Directors (Majority Voting)				For	101150		0	0		0
26	Election of Directors (Majority Voting)				For	101150		0	0		0
27	Election of Directors (Majority Voting)				For	101150		0	0		0
28	Election of Directors (Majority Voting)				For	101150		0	0		0
29	Allot Securities				For	101150		0	0		0
30	Approve Previous Board's Actions				For	101150		0	0		0
31	Approve Previous Board's Actions				For	101150		0	0		0
32	Approve Previous Board's Actions				For	101150		0	0		0
33	Miscellaneous Corporate Governance				For	101150		0	0		0
PFIZER INC.
Security:			717081103				Meeting Type:			Annual
Ticker:			PFE				Meeting Date:			24-Apr-2008
ISIN			US7170811035				Vote Deadline Date:			23-Apr-2008
Agenda			932829940	Management			Total Ballot Shares:			6580492
Last Vote Date:			21-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Majority Voting)				For	305500		0	0		0
2	Election of Directors (Majority Voting)				For	305500		0	0		0
3	Election of Directors (Majority Voting)				For	305500		0	0		0
4	Election of Directors (Majority Voting)				For	305500		0	0		0
5	Election of Directors (Majority Voting)				For	305500		0	0		0
6	Election of Directors (Majority Voting)				For	305500		0	0		0
7	Election of Directors (Majority Voting)				For	305500		0	0		0
8	Election of Directors (Majority Voting)				For	305500		0	0		0
9	Election of Directors (Majority Voting)				For	305500		0	0		0
10	Election of Directors (Majority Voting)				For	305500		0	0		0
11	Election of Directors (Majority Voting)				For	305500		0	0		0
12	Election of Directors (Majority Voting)				For	305500		0	0		0
13	Election of Directors (Majority Voting)				For	305500		0	0		0
14	Election of Directors (Majority Voting)				For	305500		0	0		0
15	Ratify Appointment of Independent Auditors				For	305500		0	0		0
16	Miscellaneous Shareholder Proposal				Against	0		305500	0		0
17	S/H Proposal - Separate Chairman/Coe				Against	0		305500	0		0
PPG INDUSTRIES, INC.
Security:			693506107				Meeting Type:			Annual
Ticker:			PPG				Meeting Date:			17-Apr-2008
ISIN			US6935061076				Vote Deadline Date:			16-Apr-2008
Agenda			932823443	Management			Total Ballot Shares:			229473
Last Vote Date:			13-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors				For
	1	HUGH GRANT				180000		0	0		0
	2	MICHELE J. HOOPER				180000		0	0		0
	3	ROBERT MEHRABIAN				180000		0	0		0
2	Ratify Appointment of Independent Auditors				For	180000		0	0		0
THE DOW CHEMICAL COMPANY
Security:			260543103				Meeting Type:			Annual
Ticker:			DOW				Meeting Date:			15-May-2008
ISIN			US2605431038				Vote Deadline Date:			14-May-2008
Agenda			932843154	Management			Total Ballot Shares:			3968332
Last Vote Date:			02-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors				For
	1	ARNOLD A. ALLEMANG				317850		0	0		0
	2	JACQUELINE K. BARTON				317850		0	0		0
	3	JAMES A. BELL				317850		0	0		0
	4	JEFF M. FETTIG				317850		0	0		0
	5	BARBARA H. FRANKLIN				317850		0	0		0
	6	JOHN B. HESS				317850		0	0		0
	7	ANDREW N. LIVERIS				317850		0	0		0
	8	GEOFFERY E. MERSZEI				317850		0	0		0
	9	DENNIS H. REILLEY				317850		0	0		0
	10	JAMES M. RINGLER				317850		0	0		0
	11	RUTH G. SHAW				317850		0	0		0
	12	PAUL G. STERN				317850		0	0		0
2	Ratify Appointment of Independent Auditors				For	317850		0	0		0
3	S/H Proposal - Health Issues				Against	0		317850	0		0
4	S/H Proposal - Environmental				Against	0		317850	0		0
5	S/H Proposal - Report on Gene Engineered Products				Against	0		317850	0		0
6	S/H Proposal - Executive Compensation				Against	0		317850	0		0
UNILEVER N.V.
Security:			904784709				Meeting Type:			Annual
Ticker:			UN				Meeting Date:			15-May-2008
ISIN			US9047847093				Vote Deadline Date:			07-May-2008
Agenda			932852521	Management			Total Ballot Shares:			6642424
Last Vote Date:			08-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Receive Consolidated Financial Statements				For	500000		0	0		0
2	Approve Discharge of Board and President				For	500000		0	0		0
3	Approve Discharge of Board and President				For	500000		0	0		0
4	Election of Directors (Majority Voting)				For	500000		0	0		0
5	Election of Directors (Majority Voting)				For	500000		0	0		0
6	Approve Cash/Stock Bonus Plan				For	500000		0	0		0
7	Election of Directors (Majority Voting)				For	500000		0	0		0
8	Election of Directors (Majority Voting)				For	500000		0	0		0
9	Election of Directors (Majority Voting)				For	500000		0	0		0
10	Election of Directors (Majority Voting)				For	500000		0	0		0
11	Election of Directors (Majority Voting)				For	500000		0	0		0
12	Election of Directors (Majority Voting)				For	500000		0	0		0
13	Election of Directors (Majority Voting)				For	500000		0	0		0
14	Election of Directors (Majority Voting)				For	500000		0	0		0
15	Election of Directors (Majority Voting)				For	500000		0	0		0
16	Election of Directors (Majority Voting)				For	500000		0	0		0
17	Election of Directors (Majority Voting)				For	500000		0	0		0
18	Ratify Appointment of Independent Auditors				For	500000		0	0		0
19	Miscellaneous Corporate Actions				For	500000		0	0		0
20	Amend Articles-Board Related				For	500000		0	0		0
21	Authorize Purchase of Assets				For	500000		0	0		0
22	Amend Articles/Charter to Reflect Changes in Capital				For	500000		0	0		0
VERIZON COMMUNICATIONS INC.
Security:			92343V104				Meeting Type:			Annual
Ticker:			VZ				Meeting Date:			01-May-2008
ISIN			US92343V1044				Vote Deadline Date:			30-Apr-2008
Agenda			932832517	Management			Total Ballot Shares:			4372990
Last Vote Date:			25-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Majority Voting)				For	372950		0	0		0
2	Election of Directors (Majority Voting)				For	372950		0	0		0
3	Election of Directors (Majority Voting)				For	372950		0	0		0
4	Election of Directors (Majority Voting)				For	372950		0	0		0
5	Election of Directors (Majority Voting)				For	372950		0	0		0
6	Election of Directors (Majority Voting)				For	372950		0	0		0
7	Election of Directors (Majority Voting)				For	372950		0	0		0
8	Election of Directors (Majority Voting)				For	372950		0	0		0
9	Election of Directors (Majority Voting)				For	372950		0	0		0
10	Election of Directors (Majority Voting)				For	372950		0	0		0
11	Election of Directors (Majority Voting)				For	372950		0	0		0
12	Election of Directors (Majority Voting)				For	372950		0	0		0
13	Ratify Appointment of Independent Auditors				For	372950		0	0		0
14	S/H Proposal - Performance Based Stock Options				Against	0		372950	0		0
15	S/H Proposal - Create a Non-Discriminatory Sexual Orientation Policy				Against	0		372950	0		0
16	S/H Proposal - Separate Chairman/Coe				Against	0		372950	0		0
VODAFONE GROUP PLC
Security:			92857W209				Meeting Type:			Annual
Ticker:			VOD				Meeting Date:			24-Jul-2007
ISIN							Vote Deadline Date:			16-Jul-2007
Agenda			932746564	Management			Total Ballot Shares:			6051116
Last Vote Date:			25-Jul-2007
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Receive Directors' Report				For	503400		0	0		0
2	Election of Directors (Majority Voting)				For	503400		0	0		0
3	Election of Directors (Majority Voting)				For	503400		0	0		0
4	Election of Directors (Majority Voting)				For	503400		0	0		0
5	Election of Directors (Majority Voting)				For	503400		0	0		0
6	Election of Directors (Majority Voting)				For	503400		0	0		0
7	Election of Directors (Majority Voting)				For	503400		0	0		0
8	Election of Directors (Majority Voting)				For	503400		0	0		0
9	Election of Directors (Majority Voting)				For	503400		0	0		0
10	Election of Directors (Majority Voting)				For	503400		0	0		0
11	Election of Directors (Majority Voting)				For	503400		0	0		0
12	Election of Directors (Majority Voting)				For	503400		0	0		0
13	Election of Directors (Majority Voting)				For	503400		0	0		0
14	Election of Directors (Majority Voting)				For	503400		0	0		0
15	Election of Directors (Majority Voting)				For	503400		0	0		0
16	Dividends				For	503400		0	0		0
17	Approve Remuneration of Directors and Auditors				For	503400		0	0		0
18	Ratify Appointment of Independent Auditors				For	503400		0	0		0
19	Approve Remuneration of Directors and Auditors				For	503400		0	0		0
20	Approve Article Amendments				For	503400		0	0		0
21	Eliminate Pre-Emptive Rights				For	503400		0	0		0
22	Authorize Directors to Repurchase Shares				For	503400		0	0		0
23	Miscellaneous Corporate Actions				For	503400		0	0		0
24	Approve Article Amendments				For	503400		0	0		0
25	Approve Article Amendments				Against	0		503400	0		0
26	Approve Spinoff				Against	0		503400	0		0
27	Approve Bond Issuance				Against	0		503400	0		0
28	Miscellaneous Corporate Actions				Against	0		503400	0		0
WEYERHAEUSER COMPANY
Security:			962166104				Meeting Type:			Annual
Ticker:			WY				Meeting Date:			17-Apr-2008
ISIN			US9621661043				Vote Deadline Date:			16-Apr-2008
Agenda			932826071	Management			Total Ballot Shares:			84560
Last Vote Date:			18-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Majority Voting)				For	83250		0	0		0
2	Election of Directors (Majority Voting)				For	83250		0	0		0
3	Election of Directors (Majority Voting)				For	83250		0	0		0
4	Miscellaneous Shareholder Proposal				Against	0		83250	0		0
5	Ratify Appointment of Independent Auditors				For	83250		0	0		0

Meeting Date Range: 01-Jul-2007 To 30-Jun-2008
Selected Accounts
ALUMINUM CORPORATION OF CHINA LIMITED
Security:			022276109				Meeting Type:			Special
Ticker:			ACH				Meeting Date:			10-Jul-2007
ISIN							Vote Deadline Date:			29-Jun-2007
Agenda			932744546	Management			Total Ballot Shares:			5730
Last Vote Date:			16-Jun-2007
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Miscellaneous Corporate Governance				For	4750		0	0		0
2	Miscellaneous Corporate Governance				For	4750		0	0		0
3	Miscellaneous Corporate Governance				For	4750		0	0		0
ALUMINUM CORPORATION OF CHINA LIMITED
Security:			022276109				Meeting Type:			Special
Ticker:			ACH				Meeting Date:			12-Oct-2007
ISIN			US0222761092				Vote Deadline Date:			03-Oct-2007
Agenda			932772266	Management			Total Ballot Shares:			7230
Last Vote Date:			19-Sep-2007
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Merger Agreement				For	5000		0	0		0
2	Approve Article Amendments				For	5000		0	0		0
3	Approve Article Amendments				For	5000		0	0		0
4	Miscellaneous Corporate Governance				For	5000		0	0		0
5	Approve Merger Agreement				For	5000		0	0		0
6	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	5000		0	0		0
7	Dividends				For	5000		0	0		0
8	Dividends				For	5000		0	0		0
9	Approve Merger Agreement				For	5000		0	0		0
10	Miscellaneous Corporate Governance				For	5000		0	0		0
BARCLAYS PLC
Security:			06738E204				Meeting Type:			Special
Ticker:			BCS				Meeting Date:			14-Sep-2007
ISIN			US06738E2046				Vote Deadline Date:			06-Sep-2007
Agenda			932761035	Management			Total Ballot Shares:			302198
Last Vote Date:			20-Aug-2007
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Merger Agreement				For	5650		0	0		0
2	Approve New Class of Stock				For	5650		0	0		0
3	Allot Securities				For	5650		0	0		0
4	Authorize Co to Carry Out Rights Issues/Ltd Issuances w/o Preemptive Rights				For	5650		0	0		0
5	Authorize Directors to Repurchase Shares				For	5650		0	0		0
6	Miscellaneous Corporate Actions				For	5650		0	0		0
7	Miscellaneous Corporate Actions				For	5650		0	0		0
BARCLAYS PLC
Security:			06738E204				Meeting Type:			Annual
Ticker:			BCS				Meeting Date:			24-Apr-2008
ISIN			US06738E2046				Vote Deadline Date:			16-Apr-2008
Agenda			932857533	Management			Total Ballot Shares:			306813
Last Vote Date:			10-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	32900		0	0		0
2	Approve Remuneration of Directors and Auditors				For	32900		0	0		0
3	Election of Directors (Majority Voting)				For	32900		0	0		0
4	Election of Directors (Majority Voting)				For	32900		0	0		0
5	Election of Directors (Majority Voting)				For	32900		0	0		0
6	Election of Directors (Majority Voting)				For	32900		0	0		0
7	Election of Directors (Majority Voting)				For	32900		0	0		0
8	Election of Directors (Majority Voting)				For	32900		0	0		0
9	Election of Directors (Majority Voting)				For	32900		0	0		0
10	Ratify Appointment of Independent Auditors				For	32900		0	0		0
11	Approve Remuneration of Directors and Auditors				For	32900		0	0		0
12	Miscellaneous Corporate Governance				For	32900		0	0		0
13	Allot Securities				For	32900		0	0		0
14	Misc Foreign - Shareholder Equity				For	32900		0	0		0
15	Authorize Directors to Repurchase Shares				For	32900		0	0		0
16	Authorize Directors to Repurchase Shares				For	32900		0	0		0
17	Approve New Class of Stock				For	32900		0	0		0
18	Approve Charter Amendment				For	32900		0	0		0
19	Miscellaneous Corporate Actions				For	32900		0	0		0
BP P.L.C.
Security:			055622104				Meeting Type:			Annual
Ticker:			BP				Meeting Date:			17-Apr-2008
ISIN			US0556221044				Vote Deadline Date:			10-Apr-2008
Agenda			932823354	Management			Total Ballot Shares:			2423731
Last Vote Date:			18-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	5300		0	0		0
2	Approve Remuneration of Directors and Auditors				For	5300		0	0		0
3	Election of Directors				For
	1	MR A BURGMANS				5300		0	0		0
	2	MRS C B CARROLL				5300		0	0		0
	3	SIR WILLIAM CASTELL				5300		0	0		0
	4	MR I C CONN				5300		0	0		0
	5	MR G DAVID				5300		0	0		0
	6	MR E B DAVIS, JR				5300		0	0		0
	7	MR D J FLINT				5300		0	0		0
	8	DR B E GROTE				5300		0	0		0
	9	DR A B HAYWARD				5300		0	0		0
	10	MR A G INGLIS				5300		0	0		0
	11	DR D S JULIUS				5300		0	0		0
	12	SIR TOM MCKILLOP				5300		0	0		0
	13	SIR IAN PROSSER				5300		0	0		0
	14	MR P D SUTHERLAND				5300		0	0		0
4	Approve Remuneration of Directors and Auditors				For	5300		0	0		0
5	Miscellaneous Corporate Actions				For	5300		0	0		0
6	Authorize Purchase of Assets				For	5300		0	0		0
7	Allot Securities				For	5300		0	0		0
8	Authorize Co to Carry Out Rights Issues/Ltd Issuances w/o Preemptive Rights				For	5300		0	0		0
BRITISH AMERICAN TOBACCO P.L.C.
Security:			110448107				Meeting Type:			Annual
Ticker:			BTI				Meeting Date:			30-Apr-2008
ISIN			US1104481072				Vote Deadline Date:			22-Apr-2008
Agenda			932864336	Management			Total Ballot Shares:			403524
Last Vote Date:			15-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Receive Consolidated Financial Statements				For	21850		0	0		0
2	Approve Remuneration of Directors and Auditors				For	21850		0	0		0
3	Dividends				For	21850		0	0		0
4	Ratify Appointment of Independent Auditors				For	21850		0	0		0
5	Approve Remuneration of Directors and Auditors				For	21850		0	0		0
6	Election of Directors (Majority Voting)				For	21850		0	0		0
7	Election of Directors (Majority Voting)				For	21850		0	0		0
8	Election of Directors (Majority Voting)				For	21850		0	0		0
9	Election of Directors (Majority Voting)				For	21850		0	0		0
10	Election of Directors (Majority Voting)				For	21850		0	0		0
11	Election of Directors (Majority Voting)				For	21850		0	0		0
12	Election of Directors (Majority Voting)				For	21850		0	0		0
13	Allot Securities				For	21850		0	0		0
14	Eliminate Pre-Emptive Rights				For	21850		0	0		0
15	Miscellaneous Corporate Governance				For	21850		0	0		0
16	Stock Repurchase Plan				For	21850		0	0		0
17	Amalgamation Plan				For	21850		0	0		0
CANADIAN OIL SANDS TRUST
Security:			13642L100				Meeting Type:			Annual and Special Meeting
Ticker:			COSWF				Meeting Date:			28-Apr-2008
ISIN			CA13642L1004				Vote Deadline Date:			24-Apr-2008
Agenda			932837606	Management			Total Ballot Shares:			300
Last Vote Date:			31-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Ratify Appointment of Independent Auditors				For	300		0	0		0
2	Election of Directors				For
	1	C.E. (CHUCK) SHULTZ				300		0	0		0
	2	IAN A. BOURNE				300		0	0		0
	3	MARCEL R. COUTU				300		0	0		0
	4	DONALD J. LOWRY				300		0	0		0
	5	DONALD F. MAZANKOWSKI				300		0	0		0
	6	WAYNE M. NEWHOUSE				300		0	0		0
	7	BRANT G. SANGSTER				300		0	0		0
	8	WESLEY R. TWISS				300		0	0		0
	9	JOHN B. ZAOZIRNY				300		0	0		0
3	Ratify Appointment of Independent Auditors				For	300		0	0		0
4	Miscellaneous Corporate Actions				For	300		0	0		0
5	Miscellaneous Corporate Actions				For	300		0	0		0
6	Miscellaneous Corporate Actions				For	300		0	0		0
CEMEX, S.A.B. DE C.V.
Security:			151290889				Meeting Type:			Annual
Ticker:			CX				Meeting Date:			24-Apr-2008
ISIN			US1512908898				Vote Deadline Date:			21-Apr-2008
Agenda			932854828	Management			Total Ballot Shares:			4910447
Last Vote Date:			09-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	2800		0	0		0
2	Miscellaneous Corporate Actions				For	2800		0	0		0
3	Amend Articles/Charter to Reflect Changes in Capital				For	2800		0	0		0
4	Approve Remuneration of Directors and Auditors				For	2800		0	0		0
5	Miscellaneous Compensation Plans				For	2800		0	0		0
6	Miscellaneous Corporate Governance				For	2800		0	0		0
CHUNGHWA TELECOM CO., LTD.
Security:			17133Q304				Meeting Type:			Annual
Ticker:			CHT				Meeting Date:			19-Jun-2008
ISIN			US17133Q3048				Vote Deadline Date:			11-Jun-2008
Agenda			932916793	Management			Total Ballot Shares:			1008752
Last Vote Date:			30-May-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	47800		0	0		0
2	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	47800		0	0		0
3	Approve Article Amendments				For	47800		0	0		0
4	Stock Issuance				For	47800		0	0		0
5	Approve Acquisition Agreement				For	47800		0	0		0
CPFL ENERGIA S.A.
Security:			126153105				Meeting Type:			Special
Ticker:			CPL				Meeting Date:			18-Dec-2007
ISIN			US1261531057				Vote Deadline Date:			10-Dec-2007
Agenda			932794793	Management			Total Ballot Shares:			165563
Last Vote Date:			27-Nov-2007
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Merger Agreement				For	3650		0	0		0
2	Miscellaneous Corporate Governance				For	3650		0	0		0
3	Approve Continuance of Company				For	3650		0	0		0
4	Approve Merger Agreement				For	3650		0	0		0
5	Authorize Common Stock Increase				For	3650		0	0		0
CPFL ENERGIA S.A.
Security:			126153105				Meeting Type:			Special
Ticker:			CPL				Meeting Date:			09-Apr-2008
ISIN			US1261531057				Vote Deadline Date:			02-Apr-2008
Agenda			932825726	Management			Total Ballot Shares:			149680
Last Vote Date:			15-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Article Amendments				For	1300		0	0		0
2	Approve Charter Amendment				For	1300		0	0		0
3	Approve Charter Amendment				For	1300		0	0		0
4	Approve Charter Amendment				For	1300		0	0		0
5	Dividends				For	1300		0	0		0
6	Miscellaneous Corporate Governance				For	1300		0	0		0
7	Miscellaneous Corporate Governance				For	1300		0	0		0
DIAGEO PLC
Security:			25243Q205				Meeting Type:			Annual
Ticker:			DEO				Meeting Date:			16-Oct-2007
ISIN			US25243Q2057				Vote Deadline Date:			15-Oct-2007
Agenda			932775868	Management			Total Ballot Shares:			2328644
Last Vote Date:			01-Oct-2007
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Receive Directors' Report				For	13050		0	0		0
2	Approve Remuneration of Directors and Auditors				For	13050		0	0		0
3	Approve Allocation of Dividends on Shares Held By Company				For	13050		0	0		0
4	Election of Directors (Majority Voting)				For	13050		0	0		0
5	Election of Directors (Majority Voting)				For	13050		0	0		0
6	Election of Directors (Majority Voting)				For	13050		0	0		0
7	Ratify Appointment of Independent Auditors				For	13050		0	0		0
8	Allot Securities				For	13050		0	0		0
9	Authorize Co to Carry Out Rights Issues/Ltd Issuances w/o Preemptive Rights				For	13050		0	0		0
10	Authorize Purchase of Assets				For	13050		0	0		0
11	Miscellaneous Corporate Actions				For	13050		0	0		0
12	Adopt Employee Stock Purchase Plan				For	13050		0	0		0
13	Approve Article Amendments				For	13050		0	0		0
ENERPLUS RESOURCES FUND
Security:			29274D604				Meeting Type:			Annual and Special Meeting
Ticker:			ERF				Meeting Date:			09-May-2008
ISIN			CA29274D6046				Vote Deadline Date:			07-May-2008
Agenda			932846225	Management			Total Ballot Shares:			444015
Last Vote Date:			08-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Full Slate)				For	18350		0	0		0
2	Ratify Appointment of Independent Auditors				For	18350		0	0		0
3	Miscellaneous Corporate Actions				For	18350		0	0		0
4	Miscellaneous Corporate Actions				For	18350		0	0		0
5	Miscellaneous Corporate Actions				For	18350		0	0		0
6	Miscellaneous Corporate Actions				For	18350		0	0		0
FRANCE TELECOM
Security:			35177Q105				Meeting Type:			Special
Ticker:			FTE				Meeting Date:			27-May-2008
ISIN			US35177Q1058				Vote Deadline Date:			19-May-2008
Agenda			932885734	Management			Total Ballot Shares:			667815
Last Vote Date:			30-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	37300		0	0		0
2	Receive Consolidated Financial Statements				For	37300		0	0		0
3	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	37300		0	0		0
4	Approve Charter Amendment				For	37300		0	0		0
5	Amend Articles-Board Related				For	37300		0	0		0
6	Stock Repurchase Plan				For	37300		0	0		0
7	Election of Directors				For	37300		0	0		0
8	Election of Directors				For	37300		0	0		0
9	Election of Directors (Majority Voting)				For	37300		0	0		0
10	Election of Directors (Majority Voting)				For	37300		0	0		0
11	Authorize Payment of Directors' Fees				For	37300		0	0		0
12	Approve Charter Amendment				For	37300		0	0		0
13	Stock Issuance				For	37300		0	0		0
14	Miscellaneous Corporate Actions				For	37300		0	0		0
15	Amend Articles/Charter to Reflect Changes in Capital				For	37300		0	0		0
16	Amend Articles/Charter to Reflect Changes in Capital				For	37300		0	0		0
17	Amend Articles/Charter to Reflect Changes in Capital				For	37300		0	0		0
GLAXOSMITHKLINE PLC
Security:			37733W105				Meeting Type:			Annual
Ticker:			GSK				Meeting Date:			21-May-2008
ISIN			US37733W1053				Vote Deadline Date:			13-May-2008
Agenda			932835753	Management			Total Ballot Shares:			808924
Last Vote Date:			27-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Receive Directors' Report				For	36500		0	0		0
2	Approve Remuneration of Directors and Auditors				For	36500		0	0		0
3	Election of Directors (Majority Voting)				For	36500		0	0		0
4	Election of Directors (Majority Voting)				For	36500		0	0		0
5	Election of Directors (Majority Voting)				For	36500		0	0		0
6	Election of Directors (Majority Voting)				For	36500		0	0		0
7	Election of Directors (Majority Voting)				For	36500		0	0		0
8	Election of Directors (Majority Voting)				For	36500		0	0		0
9	Ratify Appointment of Independent Auditors				For	36500		0	0		0
10	Approve Remuneration of Directors and Auditors				For	36500		0	0		0
11	Approve Charter Amendment				For	36500		0	0		0
12	Allot Securities				For	36500		0	0		0
13	Authorize Co to Carry Out Rights Issues/Ltd Issuances w/o Preemptive Rights				For	36500		0	0		0
14	Authorize Purchase of Assets				For	36500		0	0		0
15	Miscellaneous Corporate Actions				For	36500		0	0		0
GUANGSHEN RAILWAY COMPANY LIMITED
Security:			40065W107				Meeting Type:			Special
Ticker:			GSH				Meeting Date:			27-Dec-2007
ISIN			US40065W1071				Vote Deadline Date:			19-Dec-2007
Agenda			932795860	Management			Total Ballot Shares:			82038
Last Vote Date:			30-Nov-2007
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Miscellaneous Corporate Actions				For	200		0	0		0
2	Miscellaneous Corporate Actions				For	200		0	0		0
3	Miscellaneous Corporate Actions				For	200		0	0		0
4	Miscellaneous Corporate Actions				For	200		0	0		0
GUANGSHEN RAILWAY COMPANY LIMITED
Security:			40065W107				Meeting Type:			Annual
Ticker:			GSH				Meeting Date:			26-Jun-2008
ISIN			US40065W1071				Vote Deadline Date:			20-Jun-2008
Agenda			932912036	Management			Total Ballot Shares:			64008
Last Vote Date:			24-May-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Majority Voting)				For	200		0	0		0
2	Election of Directors (Majority Voting)				For	200		0	0		0
3	Election of Directors (Majority Voting)				For	200		0	0		0
4	Election of Directors (Majority Voting)				For	200		0	0		0
5	Election of Directors (Majority Voting)				For	200		0	0		0
6	Election of Directors (Majority Voting)				For	200		0	0		0
7	Election of Directors (Majority Voting)				For	200		0	0		0
8	Election of Directors (Majority Voting)				For	200		0	0		0
9	Election of Directors (Majority Voting)				For	200		0	0		0
10	Miscellaneous Corporate Governance				For	200		0	0		0
11	Miscellaneous Corporate Governance				For	200		0	0		0
12	Miscellaneous Corporate Governance				For	200		0	0		0
13	Miscellaneous Corporate Governance				For	200		0	0		0
GUANGSHEN RAILWAY COMPANY LIMITED
Security:			40065W107				Meeting Type:			Consent
Ticker:			GSH				Meeting Date:			26-Jun-2008
ISIN			US40065W1071				Vote Deadline Date:			20-Jun-2008
Agenda			932912024	Management			Total Ballot Shares:			64008
Last Vote Date:			21-Jun-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Miscellaneous Corporate Governance				For	200		0	0		0
2	Miscellaneous Corporate Governance				For	200		0	0		0
3	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	200		0	0		0
4	Approve Allocation of Dividends on Shares Held By Company				For	200		0	0		0
5	Miscellaneous Corporate Governance				For	200		0	0		0
6	Ratify Appointment of Independent Auditors				For	200		0	0		0
7	Ratify Appointment of Independent Auditors				For	200		0	0		0
8	Adopt Cumulative Voting				For	200		0	0		0
9	Approve Remuneration of Directors and Auditors				For	200		0	0		0
10	Approve Remuneration of Directors and Auditors				For	200		0	0		0
11	Approve Charter Amendment				For	200		0	0		0
12	Amend Investment Policy				For	200		0	0		0
13	Approve Charter Amendment				For	200		0	0		0
14	Amend Articles-Board Related				For	200		0	0		0
15	Approve Charter Amendment				For	200		0	0		0
16	Approve Charter Amendment				For	200		0	0		0
HSBC HOLDINGS PLC
Security:			404280406				Meeting Type:			Annual
Ticker:			HBC				Meeting Date:			30-May-2008
ISIN			US4042804066				Vote Deadline Date:			21-May-2008
Agenda			932870149	Management			Total Ballot Shares:			90633
Last Vote Date:			18-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Receive Directors' Report				For	2850		0	0		0
2	Approve Remuneration of Directors and Auditors				For	2850		0	0		0
3	Election of Directors (Majority Voting)				For	2850		0	0		0
4	Election of Directors (Majority Voting)				For	2850		0	0		0
5	Election of Directors (Majority Voting)				For	2850		0	0		0
6	Election of Directors (Majority Voting)				For	2850		0	0		0
7	Election of Directors (Majority Voting)				For	2850		0	0		0
8	Election of Directors (Majority Voting)				For	2850		0	0		0
9	Election of Directors (Majority Voting)				For	2850		0	0		0
10	Election of Directors (Majority Voting)				For	2850		0	0		0
11	Election of Directors (Majority Voting)				For	2850		0	0		0
12	Election of Directors (Majority Voting)				For	2850		0	0		0
13	Election of Directors (Majority Voting)				For	2850		0	0		0
14	Election of Directors (Majority Voting)				For	2850		0	0		0
15	Ratify Appointment of Independent Auditors				For	2850		0	0		0
16	Allot Securities				For	2850		0	0		0
17	Authorize Board to Fill Vacancies				For	2850		0	0		0
18	Authorize Directors to Repurchase Shares				For	2850		0	0		0
19	Approve Article Amendments				For	2850		0	0		0
20	Approve Article Amendments				For	2850		0	0		0
21	Miscellaneous Corporate Actions				For	2850		0	0		0
ING GROEP N.V.
Security:			456837103				Meeting Type:			Annual
Ticker:			ING				Meeting Date:			22-Apr-2008
ISIN			US4568371037				Vote Deadline Date:			14-Apr-2008
Agenda			932835828	Management			Total Ballot Shares:			958428
Last Vote Date:			27-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	45000		0	0		0
2	Dividends				For	45000		0	0		0
3	Approve Option Grants				For	45000		0	0		0
4	Approve Discharge of Management Board				For	45000		0	0		0
5	Approve Discharge of Supervisory Board				For	45000		0	0		0
6	Ratify Appointment of Independent Auditors				For	45000		0	0		0
7	Miscellaneous Corporate Governance				For	45000		0	0		0
8	Miscellaneous Corporate Governance				For	45000		0	0		0
9	Elect Supervisory Board Member				For	45000		0	0		0
10	Elect Supervisory Board Member				For	45000		0	0		0
11	Elect Supervisory Board Member				For	45000		0	0		0
12	Elect Supervisory Board Member				For	45000		0	0		0
13	Elect Supervisory Board Member				For	45000		0	0		0
14	Approve Remuneration of Directors and Auditors				For	45000		0	0		0
15	Stock Issuance				For	45000		0	0		0
16	Miscellaneous Compensation Plans				For	45000		0	0		0
17	Miscellaneous Compensation Plans				For	45000		0	0		0
18	Miscellaneous Compensation Plans				For	45000		0	0		0
19	Miscellaneous Compensation Plans				For	45000		0	0		0
20	Miscellaneous Compensation Plans				For	45000		0	0		0
21	Approve Article Amendments				For	45000		0	0		0
KOOKMIN BANK
Security:			50049M109				Meeting Type:			Annual
Ticker:			KB				Meeting Date:			20-Mar-2008
ISIN			US50049M1099				Vote Deadline Date:			14-Mar-2008
Agenda			932820346	Management			Total Ballot Shares:			234613
Last Vote Date:			07-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	9900		0	0		0
2	Approve Article Amendments				For	9900		0	0		0
3	Election of Directors (Majority Voting)				For	9900		0	0		0
4	Ratify Appointment of Independent Auditors				For	9900		0	0		0
5	Ratify Appointment of Independent Auditors				For	9900		0	0		0
6	Approve Remuneration of Directors and Auditors				For	9900		0	0		0
LLOYDS TSB GROUP PLC
Security:			539439109				Meeting Type:			Annual
Ticker:			LYG				Meeting Date:			08-May-2008
ISIN			US5394391099				Vote Deadline Date:			30-Apr-2008
Agenda			932852913	Management			Total Ballot Shares:			19324
Last Vote Date:			08-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				None	15750		0	0		0
2	Approve Financial Statements, Allocation of Income, and Discharge Directors				None	15750		0	0		0
3	Election of Directors (Majority Voting)				None	15750		0	0		0
4	Election of Directors (Majority Voting)				None	15750		0	0		0
5	Election of Directors (Majority Voting)				None	15750		0	0		0
6	Election of Directors (Majority Voting)				None	15750		0	0		0
7	Election of Directors (Majority Voting)				None	15750		0	0		0
8	Election of Directors (Majority Voting)				None	15750		0	0		0
9	Ratify Appointment of Independent Auditors				None	15750		0	0		0
10	Approve Remuneration of Directors and Auditors				None	15750		0	0		0
11	Allot Securities				None	15750		0	0		0
12	Miscellaneous Corporate Actions				None	15750		0	0		0
13	Authorize Directors to Repurchase Shares				None	15750		0	0		0
14	Approve Article Amendments				None	15750		0	0		0
NESTLE S.A.
Security:			641069406				Meeting Type:			Annual
Ticker:			NSRGY				Meeting Date:			10-Apr-2008
ISIN			US6410694060				Vote Deadline Date:			01-Apr-2008
Agenda			932823657	Management			Total Ballot Shares:			156956
Last Vote Date:			13-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	10900		0	0		0
2	Approve Discharge of Board and President				For	10900		0	0		0
3	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	10900		0	0		0
4	Election of Directors (Majority Voting)				For	10900		0	0		0
5	Election of Directors (Majority Voting)				For	10900		0	0		0
6	Election of Directors (Majority Voting)				For	10900		0	0		0
7	Election of Directors (Majority Voting)				For	10900		0	0		0
8	Ratify Appointment of Independent Auditors				For	10900		0	0		0
9	Miscellaneous Compensation Plans				For	10900		0	0		0
10	Approve Stock Split				For	10900		0	0		0
11	Approve Article Amendments				For	10900		0	0		0
12	Approve Article Amendments				For	10900		0	0		0
13	Miscellaneous Corporate Governance				None	10900		0	0		0
NOKIA CORPORATION
Security:			654902204				Meeting Type:			Annual
Ticker:			NOK				Meeting Date:			08-May-2008
ISIN			US6549022043				Vote Deadline Date:			18-Apr-2008
Agenda			932829825	Management			Total Ballot Shares:			319320
Last Vote Date:			21-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Receive Consolidated Financial Statements				For	34750		0	0		0
2	Dividends				For	34750		0	0		0
3	Approve Discharge of Management Board				For	34750		0	0		0
4	Approve Remuneration of Directors and Auditors				For	34750		0	0		0
5	Amend Articles-Board Related				For	34750		0	0		0
6	Election of Directors				For
	1	GEORG EHRNROOTH				34750		0	0		0
	2	LALITA D. GUPTE				34750		0	0		0
	3	BENGT HOLMSTROM				34750		0	0		0
	4	HENNING KAGERMANN				34750		0	0		0
	5	OLLI-PEKKA KALLASVUO				34750		0	0		0
	6	PER KARLSSON				34750		0	0		0
	7	JORMA OLLILA				34750		0	0		0
	8	MARJORIE SCARDINO				34750		0	0		0
	9	RISTO SIILASMAA				34750		0	0		0
	10	KEIJO SUILA				34750		0	0		0
7	Approve Remuneration of Directors and Auditors				For	34750		0	0		0
8	Ratify Appointment of Independent Auditors				For	34750		0	0		0
9	Authorize Directors to Repurchase Shares				For	34750		0	0		0
10	Miscellaneous Corporate Governance				None	34750		0	0		0
OIL CO LUKOIL
Security:			677862104				Meeting Type:			Annual
Ticker:			LUKOY				Meeting Date:			26-Jun-2008
ISIN			US6778621044				Vote Deadline Date:			16-Jun-2008
Agenda			932904798	Management			Total Ballot Shares:			2138
Last Vote Date:			16-May-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	500		0	0		0
2	Ratify Appointment of Independent Auditors				For	500		0	0		0
3	Ratify Appointment of Independent Auditors				For	500		0	0		0
4	Ratify Appointment of Independent Auditors				For	500		0	0		0
5	Approve Remuneration of Directors and Auditors				For	500		0	0		0
6	Ratify Appointment of Independent Auditors				For	500		0	0		0
7	Miscellaneous Corporate Governance				For	500		0	0		0
8	Miscellaneous Corporate Governance				For	500		0	0		0
9	Miscellaneous Corporate Governance				For	500		0	0		0
10	Miscellaneous Corporate Governance				For	500		0	0		0
11	Approve Director Liability Insurance				For	500		0	0		0
OIL CO LUKOIL
Security:			677862104				Meeting Type:			Annual
Ticker:			LUKOY				Meeting Date:			26-Jun-2008
ISIN			US6778621044				Vote Deadline Date:			16-Jun-2008
Agenda			932915626	Management			Total Ballot Shares:			2138
Last Vote Date:			29-May-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Majority Voting)				None	500		0	0		0
2	Election of Directors (Majority Voting)				None	500		0	0		0
3	Election of Directors (Majority Voting)				None	500		0	0		0
4	Election of Directors (Majority Voting)				None	500		0	0		0
5	Election of Directors (Majority Voting)				None	500		0	0		0
6	Election of Directors (Majority Voting)				None	500		0	0		0
7	Election of Directors (Majority Voting)				None	500		0	0		0
8	Election of Directors (Majority Voting)				None	500		0	0		0
9	Election of Directors (Majority Voting)				None	500		0	0		0
10	Election of Directors (Majority Voting)				None	500		0	0		0
11	Election of Directors (Majority Voting)				None	500		0	0		0
12	Election of Directors (Majority Voting)				None	500		0	0		0
PETROCHINA COMPANY LIMITED
Security:			71646E100				Meeting Type:			Special
Ticker:			PTR				Meeting Date:			10-Aug-2007
ISIN							Vote Deadline Date:			02-Aug-2007
Agenda			932753076	Management			Total Ballot Shares:			1234586
Last Vote Date:			13-Jul-2007
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Issuance of Warrants				For	2000		0	0		0
2	Miscellaneous Corporate Actions				For	2000		0	0		0
PETROCHINA COMPANY LIMITED
Security:			71646E100				Meeting Type:			Annual
Ticker:			PTR				Meeting Date:			15-May-2008
ISIN			US71646E1001				Vote Deadline Date:			06-May-2008
Agenda			932883677	Management			Total Ballot Shares:			725768
Last Vote Date:			29-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Charter Amendment				For	7000		0	0		0
2	Receive Directors' Report				For	7000		0	0		0
3	Approve Previous Board's Actions				For	7000		0	0		0
4	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	7000		0	0		0
5	Approve Allocation of Dividends on Shares Held By Company				For	7000		0	0		0
6	Approve Allocation of Dividends on Shares Held By Company				For	7000		0	0		0
7	Ratify Appointment of Independent Auditors				For	7000		0	0		0
8	Election of Directors (Majority Voting)				For	7000		0	0		0
9	Election of Directors (Majority Voting)				For	7000		0	0		0
10	Election of Directors (Majority Voting)				For	7000		0	0		0
11	Election of Directors (Majority Voting)				For	7000		0	0		0
12	Election of Directors (Majority Voting)				For	7000		0	0		0
13	Election of Directors (Majority Voting)				For	7000		0	0		0
14	Election of Directors (Majority Voting)				For	7000		0	0		0
15	Election of Directors (Majority Voting)				For	7000		0	0		0
16	Election of Directors (Majority Voting)				For	7000		0	0		0
17	Election of Directors (Majority Voting)				For	7000		0	0		0
18	Election of Directors (Majority Voting)				For	7000		0	0		0
19	Election of Directors (Majority Voting)				For	7000		0	0		0
20	Election of Directors (Majority Voting)				For	7000		0	0		0
21	Election of Directors (Majority Voting)				For	7000		0	0		0
22	Election of Directors (Majority Voting)				For	7000		0	0		0
23	Election of Directors (Majority Voting)				For	7000		0	0		0
24	Election of Directors (Majority Voting)				For	7000		0	0		0
25	Election of Directors (Majority Voting)				For	7000		0	0		0
26	Election of Directors (Majority Voting)				For	7000		0	0		0
27	Election of Directors (Majority Voting)				For	7000		0	0		0
28	Election of Directors (Majority Voting)				For	7000		0	0		0
29	Allot Securities				For	7000		0	0		0
30	Approve Previous Board's Actions				For	7000		0	0		0
31	Approve Previous Board's Actions				For	7000		0	0		0
32	Approve Previous Board's Actions				For	7000		0	0		0
33	Miscellaneous Corporate Governance				For	7000		0	0		0
PETROLEO BRASILEIRO S.A. - PETROBRAS
Security:			71654V408				Meeting Type:			Special
Ticker:			PBR				Meeting Date:			29-Oct-2007
ISIN			US71654V4086				Vote Deadline Date:			24-Oct-2007
Agenda			932782332	Management			Total Ballot Shares:			237266
Last Vote Date:			23-Oct-2007
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Authorize Purchase of Assets				For	10250		0	0		0
PETROLEO BRASILEIRO S.A. - PETROBRAS
Security:			71654V408				Meeting Type:			Special
Ticker:			PBR				Meeting Date:			24-Mar-2008
ISIN			US71654V4086				Vote Deadline Date:			19-Mar-2008
Agenda			932828087	Management			Total Ballot Shares:			286687
Last Vote Date:			19-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Miscellaneous Corporate Actions				For	12800		0	0		0
2	Miscellaneous Corporate Actions				For	12800		0	0		0
3	Miscellaneous Corporate Actions				For	12800		0	0		0
4	Miscellaneous Corporate Actions				For	12800		0	0		0
5	Amend Articles/Charter to Reflect Changes in Capital				For	12800		0	0		0
PETROLEO BRASILEIRO S.A. - PETROBRAS
Security:			71654V408				Meeting Type:			Annual
Ticker:			PBR				Meeting Date:			04-Apr-2008
ISIN			US71654V4086				Vote Deadline Date:			28-Mar-2008
Agenda			932839737	Management			Total Ballot Shares:			285747
Last Vote Date:			31-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	12800		0	0		0
2	Miscellaneous Compensation Plans				For	12800		0	0		0
3	Miscellaneous Compensation Plans				For	12800		0	0		0
4	Miscellaneous Corporate Governance				For	12800		0	0		0
5	Miscellaneous Corporate Governance				For	12800		0	0		0
6	Ratify Appointment of Independent Auditors				For	12800		0	0		0
7	Approve Article Amendments				For	12800		0	0		0
8	Increase Share Capital				For	12800		0	0		0
PETROLEO BRASILEIRO S.A. - PETROBRAS
Security:			71654V408				Meeting Type:			Special
Ticker:			PBR				Meeting Date:			09-Jun-2008
ISIN			US71654V4086				Vote Deadline Date:			03-Jun-2008
Agenda			932915563	Management			Total Ballot Shares:			571656
Last Vote Date:			29-May-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Merger Agreement				For	29700		0	0		0
RIOCAN REAL ESTATE INVESTMENT TRUST
Security:			766910103				Meeting Type:			Annual
Ticker:			RIOCF				Meeting Date:			27-May-2008
ISIN			CA7669101031				Vote Deadline Date:			21-May-2008
Agenda			932848053	Management			Total Ballot Shares:			732004
Last Vote Date:			09-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Full Slate)				For	4350		0	0		0
2	Ratify Appointment of Independent Auditors				For	4350		0	0		0
SIEMENS AG
Security:			826197501				Meeting Type:			Annual
Ticker:			SI				Meeting Date:			24-Jan-2008
ISIN			US8261975010				Vote Deadline Date:			15-Jan-2008
Agenda			932802463	Management			Total Ballot Shares:			65261
Last Vote Date:			02-Jan-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	4950		0	0		0
2	Election of Directors (Majority Voting)				For	4950		0	0		0
3	Election of Directors (Majority Voting)				For	4950		0	0		0
4	Election of Directors (Majority Voting)				For	4950		0	0		0
5	Election of Directors (Majority Voting)				For	4950		0	0		0
6	Election of Directors (Majority Voting)				For	4950		0	0		0
7	Election of Directors (Majority Voting)				For	4950		0	0		0
8	Election of Directors (Majority Voting)				For	4950		0	0		0
9	Election of Directors (Majority Voting)				For	4950		0	0		0
10	Election of Directors (Majority Voting)				For	4950		0	0		0
11	Election of Directors (Majority Voting)				For	4950		0	0		0
12	Election of Directors (Majority Voting)				For	4950		0	0		0
13	Election of Directors (Majority Voting)				For	4950		0	0		0
14	Election of Directors (Majority Voting)				For	4950		0	0		0
15	Election of Directors				For
	1	HEINRICH VON PIERER				4950		0	0		0
	2	GERHARD CROMME				4950		0	0		0
	3	RALF HECKMANN				4950		0	0		0
	4	JOSEF ACKERMANN				4950		0	0		0
	5	LOTHAR ADLER				4950		0	0		0
	6	GERHARD BIELETZKI				4950		0	0		0
	7	JOHN DAVID COOMBE				4950		0	0		0
	8	HILDEGARD CORNUDET				4950		0	0		0
	9	BIRGIT GRUBE				4950		0	0		0
	10	BETTINA HALLER				4950		0	0		0
	11	HEINZ HAWRELIUK				4950		0	0		0
	12	BERTHOLD HUBER				4950		0	0		0
	13	WALTER KROLL				4950		0	0		0
	14	MICHAEL MIROW				4950		0	0		0
	15	WOLFGANG MULLER				4950		0	0		0
	16	GEORG NASSAUER				4950		0	0		0
	17	THOMAS RACKOW				4950		0	0		0
	18	DIETER SCHEITOR				4950		0	0		0
	19	ALBRECHT SCHMIDT				4950		0	0		0
	20	HENNING SCHULTE-NOELLE				4950		0	0		0
	21	PETER VON SIEMENS				4950		0	0		0
	22	JERRY I. SPEYER				4950		0	0		0
	23	LORD IAIN VALLANCE				4950		0	0		0
16	Ratify Appointment of Independent Auditors				For	4950		0	0		0
17	Approve Acquisition Agreement				For	4950		0	0		0
18	Approve Acquisition Agreement				For	4950		0	0		0
19	Election of Directors (Majority Voting)				For	4950		0	0		0
20	Election of Directors (Majority Voting)				For	4950		0	0		0
21	Election of Directors (Majority Voting)				For	4950		0	0		0
22	Election of Directors (Majority Voting)				For	4950		0	0		0
23	Election of Directors (Majority Voting)				For	4950		0	0		0
24	Election of Directors (Majority Voting)				For	4950		0	0		0
25	Election of Directors (Majority Voting)				For	4950		0	0		0
26	Election of Directors (Majority Voting)				For	4950		0	0		0
27	Election of Directors (Majority Voting)				For	4950		0	0		0
28	Election of Directors (Majority Voting)				For	4950		0	0		0
SILICONWARE PRECISION INDUSTRIES CO LTD.
Security:			827084864				Meeting Type:			Annual
Ticker:			SPIL				Meeting Date:			13-Jun-2008
ISIN			US8270848646				Vote Deadline Date:			05-Jun-2008
Agenda			932899226	Management			Total Ballot Shares:			2447348
Last Vote Date:			10-May-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	87402		0	0		0
2	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	87402		0	0		0
3	Increase Share Capital				For	87402		0	0		0
4	Amend Articles-Board Related				For	87402		0	0		0
5	Approve Article Amendments				For	87402		0	0		0
TAIWAN SEMICONDUCTOR MFG. CO. LTD.
Security:			874039100				Meeting Type:			Annual
Ticker:			TSM				Meeting Date:			13-Jun-2008
ISIN			US8740391003				Vote Deadline Date:			06-Jun-2008
Agenda			932899264	Management			Total Ballot Shares:			1534439
Last Vote Date:			10-May-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	58650		0	0		0
2	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	58650		0	0		0
3	Dividends				For	58650		0	0		0
TIMBERWEST FOREST CORP.
Security:			887147205				Meeting Type:			Annual
Ticker:			TWTUF				Meeting Date:			30-Apr-2008
ISIN			CA8871472053				Vote Deadline Date:			25-Apr-2008
Agenda			932844055	Management			Total Ballot Shares:			1225113
Last Vote Date:			03-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors				For
	1	CLARK S. BINKLEY				34200		0	0		0
	2	WILLIAM C. BROWN				34200		0	0		0
	3	V. EDWARD DAUGHNEY				34200		0	0		0
	4	ROBERT J. HOLMES				34200		0	0		0
	5	PAUL J. MCELLIGOTT				34200		0	0		0
	6	ROBERT W. MURDOCH				34200		0	0		0
	7	CONRAD A. PINETTE				34200		0	0		0
	8	MARIA M. POPE				34200		0	0		0
	9	KENNETH A. SHIELDS				34200		0	0		0
2	Ratify Appointment of Independent Auditors				For	34200		0	0		0
3	Approve Remuneration of Directors and Auditors				For	34200		0	0		0
TSAKOS ENERGY NAVIGATION LTD
Security:			G9108L108				Meeting Type:			Annual
Ticker:			TNP				Meeting Date:			04-Jun-2008
ISIN			BMG9108L1081				Vote Deadline Date:			03-Jun-2008
Agenda			932888285	Management			Total Ballot Shares:			649014
Last Vote Date:			02-May-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors				For
	1	MICHAEL G. JOLLIFFE				34400		0	0		0
	2	FRANCIS T. NUSSPICKEL				34400		0	0		0
2	Approve Financial Statements, Allocation of Income, and Discharge Directors				For	34400		0	0		0
3	Ratify Appointment of Independent Auditors				For	34400		0	0		0
4	Approve Remuneration of Directors and Auditors				For	34400		0	0		0
5	Approve Article Amendments				For	34400		0	0		0
UNILEVER N.V.
Security:			904784709				Meeting Type:			Annual
Ticker:			UN				Meeting Date:			15-May-2008
ISIN			US9047847093				Vote Deadline Date:			07-May-2008
Agenda			932852521	Management			Total Ballot Shares:			6642424
Last Vote Date:			08-Apr-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Receive Consolidated Financial Statements				For	53200		0	0		0
2	Approve Discharge of Board and President				For	53200		0	0		0
3	Approve Discharge of Board and President				For	53200		0	0		0
4	Election of Directors (Majority Voting)				For	53200		0	0		0
5	Election of Directors (Majority Voting)				For	53200		0	0		0
6	Approve Cash/Stock Bonus Plan				For	53200		0	0		0
7	Election of Directors (Majority Voting)				For	53200		0	0		0
8	Election of Directors (Majority Voting)				For	53200		0	0		0
9	Election of Directors (Majority Voting)				For	53200		0	0		0
10	Election of Directors (Majority Voting)				For	53200		0	0		0
11	Election of Directors (Majority Voting)				For	53200		0	0		0
12	Election of Directors (Majority Voting)				For	53200		0	0		0
13	Election of Directors (Majority Voting)				For	53200		0	0		0
14	Election of Directors (Majority Voting)				For	53200		0	0		0
15	Election of Directors (Majority Voting)				For	53200		0	0		0
16	Election of Directors (Majority Voting)				For	53200		0	0		0
17	Election of Directors (Majority Voting)				For	53200		0	0		0
18	Ratify Appointment of Independent Auditors				For	53200		0	0		0
19	Miscellaneous Corporate Actions				For	53200		0	0		0
20	Amend Articles-Board Related				For	53200		0	0		0
21	Authorize Purchase of Assets				For	53200		0	0		0
22	Amend Articles/Charter to Reflect Changes in Capital				For	53200		0	0		0
VERMILION ENERGY TRUST
Security:			923728109				Meeting Type:			Annual and Special Meeting
Ticker:			VETMF				Meeting Date:			02-May-2008
ISIN			CA9237281097				Vote Deadline Date:			29-Apr-2008
Agenda			932837567	Management			Total Ballot Shares:			540778
Last Vote Date:			31-Mar-2008
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Election of Directors (Full Slate)				For	29000		0	0		0
2	Ratify Appointment of Independent Auditors				For	29000		0	0		0
3	Miscellaneous Corporate Actions				For	29000		0	0		0
VODAFONE GROUP PLC
Security:			92857W209				Meeting Type:			Annual
Ticker:			VOD				Meeting Date:			24-Jul-2007
ISIN							Vote Deadline Date:			16-Jul-2007
Agenda			932746564	Management			Total Ballot Shares:			6051116
Last Vote Date:			25-Jul-2007
Item	Proposal				Recommendation	For		Against	Abstain		Take No Action
1	Receive Directors' Report				For	14850		0	0		0
2	Election of Directors (Majority Voting)				For	14850		0	0		0
3	Election of Directors (Majority Voting)				For	14850		0	0		0
4	Election of Directors (Majority Voting)				For	14850		0	0		0
5	Election of Directors (Majority Voting)				For	14850		0	0		0
6	Election of Directors (Majority Voting)				For	14850		0	0		0
7	Election of Directors (Majority Voting)				For	14850		0	0		0
8	Election of Directors (Majority Voting)				For	14850		0	0		0
9	Election of Directors (Majority Voting)				For	14850		0	0		0
10	Election of Directors (Majority Voting)				For	14850		0	0		0
11	Election of Directors (Majority Voting)				For	14850		0	0		0
12	Election of Directors (Majority Voting)				For	14850		0	0		0
13	Election of Directors (Majority Voting)				For	14850		0	0		0
14	Election of Directors (Majority Voting)				For	14850		0	0		0
15	Election of Directors (Majority Voting)				For	14850		0	0		0
16	Dividends				For	14850		0	0		0
17	Approve Remuneration of Directors and Auditors				For	14850		0	0		0
18	Ratify Appointment of Independent Auditors				For	14850		0	0		0
19	Approve Remuneration of Directors and Auditors				For	14850		0	0		0
20	Approve Article Amendments				For	14850		0	0		0
21	Eliminate Pre-Emptive Rights				For	14850		0	0		0
22	Authorize Directors to Repurchase Shares				For	14850		0	0		0
23	Miscellaneous Corporate Actions				For	14850		0	0		0
24	Approve Article Amendments				For	14850		0	0		0
25	Approve Article Amendments				Against	0		14850	0		0
26	Approve Spinoff				Against	0		14850	0		0
27	Approve Bond Issuance				Against	0		14850	0		0
28	Miscellaneous Corporate Actions				Against	0		14850	0		0

SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) Cullen Funds Trust

By (Signature and Title)*   /s/ James P. Cullen                             

James P. Cullen

President

Date            7/18/08