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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
ANGLOGOLD ASHANTI LIMITED SPONSORED ADR 035128206 1,264 68,047 SH   SOLE   0 0 68,047
BAIDU INC SPON ADR REP A 056752108 105,582 517,813 SH   SOLE   365,279 0 152,534
BILIBILI INC SPONS ADS REP Z 090040106 81,129 665,876 SH   SOLE   470,247 0 195,629
CEMEX SAB DE CV SPON ADR NEW 151290889 194,757 23,185,348 SH   SOLE   16,040,227 0 7,145,121
CORPORACION AMER ARPTS S A COM L1995B107 1,522 266,076 SH   SOLE   0 0 266,076
DIDI GLOBAL INC SPONSORED ADS 23292E108 10,991 777,348 SH   SOLE   548,622 0 228,726
GOLD FIELDS LTD SPONSORED ADR 38059T106 107,212 12,046,192 SH   SOLE   8,498,633 0 3,547,559
GRAN TIERRA ENERGY INC COM 38500T101 990 1,076,244 SH   SOLE   0 0 1,076,244
HUAZHU GROUP LTD SPONSORED ADS 44332N106 146,913 2,781,929 SH   SOLE   1,959,881 0 822,048
LITHIUM AMERS CORP NEW COM NEW 53680Q207 2,165 117,535 SH   SOLE   0 0 117,535
PAN AMERN SILVER CORP COM 697900108 32,953 1,153,409 SH   SOLE   1,071,662 0 81,747
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 133,104 10,883,493 SH   SOLE   7,717,868 0 3,165,625
SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B 833635105 89,814 1,897,601 SH   SOLE   1,280,609 0 616,992
SOUTHERN COPPER CORP COM 84265V105 46,365 720,847 SH   SOLE   0 0 720,847
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 31,140 259,150 SH   SOLE   182,797 0 76,353
TUYA INC SPONSERED ADS 90114C107 18,016 735,309 SH   SOLE   518,896 0 216,413