The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

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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hours per response: 23.8
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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
APPLE INC COM 037833100 72,055 151,137 SH   SOLE 0 151,137 0 0
COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 69,690 1,817,200 SH   SOLE 0 1,817,200 0 0
ALLERGAN INC COM 018490102 66,500 735,216 SH   SOLE 0 735,216 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 82,185 1,690,000 SH   SOLE 0 1,690,000 0 0
AMERICAN TOWER CORP NEW COM 03027X100 49,667 670,000 SH   SOLE 0 670,000 0 0
TD AMERITRADE HLDG CORP Com 87236Y108 71,353 2,725,488 SH   SOLE 0 2,725,488 0 0
AMERICA MOVIL SAB DE CV Sponsored ADR 02364W105 38,094 1,922,984 SH   SOLE 0 1,922,984 0 0
AMAZON.COM INC COM 023135106 27,512 88,000 SH   SOLE 0 88,000 0 0
APACHE CORP COM 037411105 57,895 680,000 SH   SOLE 0 680,000 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 46,447 3,346,345 SH   SOLE 0 3,346,345 0 0
BCE INC COM NEW 05534B760 544 12,357 SH   SOLE 0 12,357 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 58,698 813,334 SH   SOLE 0 813,334 0 0
BANCO SANTANDER CHILE NEW SP ADR REP COM 05965X109 22,777 866,367 SH   SOLE 0 866,367 0 0
GRUPO FINANCIERO SANTANDER M SPON ADR SHS B 40053C105 21,728 1,572,222 SH   SOLE 0 1,572,222 0 0
BOSTON SCIENTIFIC CORP COM 101137107 81,156 6,912,764 SH   SOLE 0 6,912,764 0 0
BORGWARNER INC COM 099724106 101,390 1,000,000 SH   SOLE 0 1,000,000 0 0
CITIGROUP INC COM NEW 172967424 119,335 2,460,000 SH   SOLE 0 2,460,000 0 0
CAE INC COM 124765108 22,315 1,978,246 SH   SOLE 0 1,978,246 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 75,589 1,295,000 SH   SOLE 0 1,295,000 0 0
CBS CORP NEW CL B 124857202 115,379 2,091,713 SH   SOLE 0 2,091,713 0 0
CADENCE DESIGN SYSTEM INC COM 127387108 62,703 4,641,200 SH   SOLE 0 4,641,200 0 0
CELGENE CORP COM 151020104 8,056 52,262 SH   SOLE 0 52,262 0 0
CIT GROUP INC COM NEW 125581801 37,065 760,000 SH   SOLE 0 760,000 0 0
COSTCO WHSL CORP NEW COM 22160K105 76,346 662,900 SH   SOLE 0 662,900 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 77,193 940,000 SH   SOLE 0 940,000 0 0
CITRIX SYS INC COM 177376100 41,413 586,500 SH   SOLE 0 586,500 0 0
CVS CAREMARK CORPORATION COM 126650100 97,894 1,725,000 SH   SOLE 0 1,725,000 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 40,116 3,588,200 SH   SOLE 0 3,588,200 0 0
ELECTRONIC ARTS INC COM 285512109 72,179 2,825,000 SH   SOLE 0 2,825,000 0 0
ECOPETROL S A SPONSORED ADS 279158109 10,174 221,175 SH   SOLE 0 221,175 0 0
EMBRAER S A SP ADR REP 4 COM 29082A107 64,143 1,975,451 SH   SOLE 0 1,975,451 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 49,620 1,500,000 SH   SOLE 0 1,500,000 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 46,671 480,700 SH   SOLE 0 480,700 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 209,267 8,364,000 SH   SOLE 0 8,364,000 0 0
GILEAD SCIENCES INC COM 375558103 120,082 1,910,000 SH   SOLE 0 1,910,000 0 0
GOOGLE INC CL A 38259P508 97,067 110,818 SH   SOLE 0 110,818 0 0
GRANA Y MONTERO S A A SPONSORED ADR ADDED 38500P208 10,978 550,000 SH   SOLE 0 550,000 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 62,936 339,866 SH   SOLE 0 339,866 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 54,590 663,300 SH   SOLE 0 663,300 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 73,077 5,175,398 SH   SOLE 0 5,175,398 0 0
JONES LANG LASALLE INC COM 48020Q107 39,283 449,977 SH   SOLE 0 449,977 0 0
51JOB INC SP ADR REP COM 316827104 15,059 209,673 SH   SOLE 0 209,673 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 55,808 510,317 SH   SOLE 0 510,317 0 0
LAMAR ADVERTISING CO CL A 512815101 45,091 958,777 SH   SOLE 0 958,777 0 0
LENNAR CORP CL A 526057104 21,948 620,000 SH   SOLE 0 620,000 0 0
LAM RESEARCH CORP COM 512807108 77,824 1,520,000 SH   SOLE 0 1,520,000 0 0
MONDELEZ INTL INC CL A 609207105 66,986 2,131,873 SH   SOLE 0 2,131,873 0 0
MEAD JOHNSON NUTRITION CO COM 582839106 43,071 580,000 SH   SOLE 0 580,000 0 0
MELCO CROWN ENTMT LTD ADR 585464100 89,266 2,804,476 SH   SOLE 0 2,804,476 0 0
MICROSOFT CORP COM 594918104 127,103 3,819,210 SH   SOLE 0 3,819,210 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 88,001 940,782 SH   SOLE 0 940,782 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 30,077 1,941,709 SH   SOLE 0 1,941,709 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 40,995 2,450,392 SH   SOLE 0 2,450,392 0 0
PFIZER INC COM 717081103 86,191 3,000,561 SH   SOLE 0 3,000,561 0 0
PHILIP MORRIS INTL INC COM 718172109 105,640 1,220,000 SH   SOLE 0 1,220,000 0 0
PPL CORP COM 69351T106 40,242 1,324,620 SH   SOLE 0 1,324,620 0 0
PRUDENTIAL FINL INC COM 744320102 76,127 976,238 SH   SOLE 0 976,238 0 0
QUANTA SVCS INC COM 74762E102 44,287 1,609,858 SH   SOLE 0 1,609,858 0 0
QUALCOMM INC COM 747525103 108,298 1,608,704 SH   SOLE 0 1,608,704 0 0
ROBERT HALF INTL INC COM 770323103 75,092 1,923,957 SH   SOLE 0 1,923,957 0 0
RESMED INC COM 761152107 60,715 1,149,472 SH   SOLE 0 1,149,472 0 0
MARKET VECTORS ETF TR RUSSIA ETF 57060U506 65,265 2,316,000 SH   SOLE 0 2,316,000 0 0
SEATTLE GENETICS INC COM 812578102 72,712 1,658,954 SH   SOLE 0 1,658,954 0 0
SHERWIN WILLIAMS CO COM 824348106 84,036 461,281 SH   SOLE 0 461,281 0 0
SCHLUMBERGER LTD COM 806857108 87,476 990,000 SH   SOLE 0 990,000 0 0
SANDISK CORP COM 80004C101 79,148 1,330,000 SH   SOLE 0 1,330,000 0 0
SUNTRUST BKS INC COM 867914103 61,388 1,893,519 SH   SOLE 0 1,893,519 0 0
STRYKER CORP COM 863667101 51,030 755,000 SH   SOLE 0 755,000 0 0
TRIMBLE NAVIGATION LTD COM 896239100 71,647 2,411,550 SH   SOLE 0 2,411,550 0 0
TENARIS S A SPONSORED ADR 88031M109 16,374 350,031 SH   SOLE 0 350,031 0 0
TEXAS INSTRS INC COM 882508104 79,958 1,984,558 SH   SOLE 0 1,984,558 0 0
UNITEDHEALTH GROUP INC COM 91324P102 100,046 1,397,093 SH   SOLE 0 1,397,093 0 0
URBAN OUTFITTERS INC COM 917047102 54,971 1,495,000 SH   SOLE 0 1,495,000 0 0
UNITED RENTALS INC COM 911363109 64,702 1,110,000 SH   SOLE 0 1,110,000 0 0
VALE S A ADR 91912E105 30,658 1,964,016 SH   SOLE 0 1,964,016 0 0
VALE S A ADR REPSTG PFD 91912E204 43,890 3,088,700 SH   SOLE 0 3,088,700 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 80,981 1,735,000 SH   SOLE 0 1,735,000 0 0
WELLS FARGO & CO NEW COM 949746101 135,530 3,280,000 SH   SOLE 0 3,280,000 0 0
WEYERHAEUSER CO COM 962166104 69,153 2,415,406 SH   SOLE 0 2,415,406 0 0
EXXON MOBIL CORP COM 30231G102 70,723 821,976 SH   SOLE 0 821,976 0 0
YUM BRANDS INC COM 988498101 101,289 1,418,815 SH   SOLE 0 1,418,815 0 0
ZOETIS INC CL A 98978V103 75,285 2,419,191 SH   SOLE 0 2,419,191 0 0