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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   6,778,559 254,079 SH   SOLE   254,079 0 0
CONTROLADORA VUELA COMP DE A SPON ADR RP 10 21240E105   4,732,923 339,300 SH   SOLE   339,300 0 0
GERDAU SA SPON ADR REP PFD 373737105   3,436,070 658,251 SH   SOLE   658,251 0 0
MERCADOLIBRE INC COM 58733R102   6,175,169 5,213 SH   SOLE   5,213 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408   10,753,447 777,545 SH   SOLE   777,545 0 0
SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B 833635105   2,024,440 27,879 SH   SOLE   27,879 0 0
SOUTHERN COPPER CORP COM 84265V105   1,296,675 18,076 SH   SOLE   18,076 0 0
TERNIUM SA SPONSORED ADS 880890108   1,094,702 27,610 SH   SOLE   27,610 0 0
VALE S A SPONSORED ADS 91912E105   12,540,547 934,467 SH   SOLE   934,467 0 0