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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BANCOLOMBIA S A SPON ADR PREF 05968L102   5,865,865 219,995 SH   SOLE   219,995 0 0
CONTROLADORA VUELA COMP DE A SPON ADR RP 10 21240E105   2,212,290 326,144 SH   SOLE   326,144 0 0
GERDAU SA SPON ADR REP PFD 373737105   3,160,426 662,563 SH   SOLE   662,563 0 0
MERCADOLIBRE INC COM 58733R102   6,230,528 4,916 SH   SOLE   4,916 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408   11,651,832 777,307 SH   SOLE   777,307 0 0
SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B 833635105   5,513,483 92,449 SH   SOLE   92,449 0 0
SOUTHERN COPPER CORP COM 84265V105   1,222,542 16,256 SH   SOLE   16,256 0 0
TERNIUM SA SPONSORED ADS 880890108   1,058,774 26,548 SH   SOLE   26,548 0 0
VALE S A SPONSORED ADS 91912E105   17,624,136 1,315,234 SH   SOLE   1,315,234 0 0