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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
Estimated average burden
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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BANCO BRADESCO S A SP ADR PFD NEW 059460303   13,844,533 4,001,310 SH   SOLE   4,001,310 0 0
ITAU UNIBANCO HLDG S A SPON ADR REP PFD 465562106   27,732,844 4,700,482 SH   SOLE   4,700,482 0 0
JPMORGAN CHASE & CO COM 46625H100   42,235,776 290,400 SH   SOLE   290,400 0 0
SHELL PLC SPON ADS 780259305   7,776,944 128,800 SH   SOLE   128,800 0 0
TECK RESOURCES LTD CL B 878742204   12,913,080 306,724 SH   SOLE   306,724 0 0
NU HLDGS LTD ORD SHS CL A G6683N103   27,662,379 3,506,005 SH   SOLE   3,506,005 0 0
FREYR BATTERY SHS L4135L100   16,076,530 1,719,415 SH   SOLE   1,719,415 0 0