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
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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AIA GROUP LTD COM 001317205 2,979 78,836 SH   SOLE   78,836 0 0
ASE Technology Holding Co., Lt COM 00215W100 554 124,311 SH   SOLE   124,311 0 0
ADIDAS AG ADR COM 00687A107 818 5,253 SH   SOLE   5,253 0 0
Alibaba Group Holding Ltd. Spo COM 01609W102 2,673 15,986 SH   SOLE   15,986 0 0
Ambev SA Sponsored ADR COM 02319V103 1,509 326,541 SH   SOLE   326,541 0 0
America Movil SAB de CV Sponso COM 02364W105 1,753 117,960 SH   SOLE   117,960 0 0
AngloGold Ashanti Limited Spon COM 035128206 1,554 85,052 SH   SOLE   85,052 0 0
ANHEUSER-BUSCH INBEV SPN ADR COM 03524A108 231 2,433 SH   SOLE   2,433 0 0
Ascendis Pharma A/S Sponsored COM 04351P101 1,243 12,907 SH   SOLE   12,907 0 0
Astellas Pharma Inc Unsponsore COM 04623U102 252 17,669 SH   SOLE   17,669 0 0
ASTRAZENECA PLC ADR COM 046353108 572 12,825 SH   SOLE   12,825 0 0
BNP PARIBAS COM 05565A202 341 14,015 SH   SOLE   14,015 0 0
Baidu, Inc. Sponsored ADR Clas COM 056752108 472 4,595 SH   SOLE   4,595 0 0
Banco Bradesco S.A. Sponsored COM 059460303 1,123 137,961 SH   SOLE   137,961 0 0
Banco Santander-Chile COM 05965X109 1,056 37,713 SH   SOLE   37,713 0 0
Barrick Gold Corp. COM 067901108 1,758 101,451 SH   SOLE   101,451 0 0
BUNZL PLC COM 120738406 329 12,581 SH   SOLE   12,581 0 0
Cae Inc. COM 124765108 6,069 238,931 SH   SOLE   238,931 0 0
CGI Inc. COM 12532H104 8,376 105,844 SH   SOLE   105,844 0 0
CNOOC Limited Sponsored ADR COM 126132109 1,270 8,344 SH   SOLE   8,344 0 0
Canon Inc. COM 138006309 855 32,015 SH   SOLE   32,015 0 0
Centrais Eletricas Brasileiras COM 15234Q207 1,020 106,445 SH   SOLE   106,445 0 0
China Life Insurance Co. Ltd. COM 16939P106 945 82,066 SH   SOLE   82,066 0 0
China Mobile Limited Sponsored COM 16941M109 776 18,746 SH   SOLE   18,746 0 0
China Petroleum & Chemical Cor COM 16941R108 761 12,970 SH   SOLE   12,970 0 0
Companhia De Saneamento Basico COM 20441A102 975 82,086 SH   SOLE   82,086 0 0
Compania De Minas Buenaventura COM 204448104 628 41,376 SH   SOLE   41,376 0 0
DASSAULT SYSTEMS ADR COM 237545108 939 6,589 SH   SOLE   6,589 0 0
DIAGEO PLC COM 25243Q205 568 3,472 SH   SOLE   3,472 0 0
Dr. Reddy's Laboratories Ltd. COM 256135203 951 25,094 SH   SOLE   25,094 0 0
Ecopetrol SA Sponsored ADR COM 279158109 872 51,226 SH   SOLE   51,226 0 0
Encana Corp. COM 292505104 1,870 406,553 SH   SOLE   406,553 0 0
ERICSSON L M TELEPHONE CO COM 294821608 5,285 662,306 SH   SOLE   662,306 0 0
Fly Leasing Limited Sponsored COM 34407D109 443 21,620 SH   SOLE   21,620 0 0
GW Pharmaceuticals PLC Sponsor COM 36197T103 748 6,505 SH   SOLE   6,505 0 0
GALAPAGOS NV COM 36315X101 3,139 20,564 SH   SOLE   20,564 0 0
Public Joint-Stock Company Gaz COM 368287207 631 91,433 SH   SOLE   91,433 0 0
GRIFOLS SA COM 398438408 4,571 228,076 SH   SOLE   228,076 0 0
Grupo Financiero Galicia S.A. COM 399909100 195 15,000 SH   SOLE   15,000 0 0
Grupo Aeroportuario del Surest COM 40051E202 700 4,588 SH   SOLE   4,588 0 0
HDFC Bank Limited Sponsored AD COM 40415F101 1,457 25,538 SH   SOLE   25,538 0 0
HSBC HLDGS PLC SPONS ADR NEW COM 404280406 468 12,240 SH   SOLE   12,240 0 0
IBERDROLA SA SPONSORED ADR COM 450737101 375 9,027 SH   SOLE   9,027 0 0
ICICI Bank Limited Sponsored A COM 45104G104 3,113 255,582 SH   SOLE   255,582 0 0
INFINEON TECHNOLOGIES COM 45662N103 1,026 57,003 SH   SOLE   57,003 0 0
Infosys Limited Sponsored ADR COM 456788108 2,044 179,800 SH   SOLE   179,800 0 0
INTERCONTINENTAL HOTELS GROUP COM 45857P806 6,450 103,551 SH   SOLE   103,551 0 0
Itau Unibanco Holding S/A (ADS COM 465562106 558 66,388 SH   SOLE   66,388 0 0
JD COM INC ADR COM 47215P106 485 17,200 SH   SOLE   17,200 0 0
Julius Baer Gruppe AG Unsponso COM 48137C108 2,628 296,324 SH   SOLE   296,324 0 0
KB Financial Group Inc. Sponso COM 48241A105 877 24,560 SH   SOLE   24,560 0 0
KT Corporation Sponsored ADR COM 48268K101 652 57,688 SH   SOLE   57,688 0 0
Kasikornbank Public Co. Ltd. U COM 485785109 1,512 73,641 SH   SOLE   73,641 0 0
KDDI CORP UNSPONSORED ADR COM 48667L106 278 21,256 SH   SOLE   21,256 0 0
LINE Corp. Sponsored ADR COM 53567X101 5,042 140,300 SH   SOLE   140,300 0 0
Lloyds Tsb Group Plc COM 539439109 816 309,176 SH   SOLE   309,176 0 0
London Stock Exchange Group pl COM 54211N101 488 21,697 SH   SOLE   21,697 0 0
LONZA GROUP AG UNSPON ADR COM 54338V101 691 20,433 SH   SOLE   20,433 0 0
MMC Norilsk Nickel COM 55315J102 1,031 40,272 SH   SOLE   40,272 0 0
Malayan Banking Bhd. Sponsored COM 56108H105 68 16,845 SH   SOLE   16,845 0 0
Materialise NV Sponsored ADR COM 57667T100 479 25,944 SH   SOLE   25,944 0 0
MercadoLibre, Inc. COM 58733R102 1,806 3,277 SH   SOLE   3,277 0 0
Merck KGaA Sponsored ADR COM 589339209 1,653 73,344 SH   SOLE   73,344 0 0
METTLER-TOLEDO INTL W/1 RT/SH COM 592688105 585 831 SH   SOLE   831 0 0
Mobile TeleSystems PJSC Sponso COM 607409109 411 50,769 SH   SOLE   50,769 0 0
Morphosys AG COM 617760202 510 18,558 SH   SOLE   18,558 0 0
Mowi ASA COM 624678108 522 22,611 SH   SOLE   22,611 0 0
MultiChoice Group Ltd. Sponsor COM 62548D100 307 39,440 SH   SOLE   39,440 0 0
Naspers Limited Sponsored ADR COM 631512209 2,378 79,381 SH   SOLE   79,381 0 0
NATIONAL AUSTRALIA BANK ADR COM 632525408 207 20,624 SH   SOLE   20,624 0 0
NESTLE SA SPONSORED ADR REPSTG COM 641069406 816 7,531 SH   SOLE   7,531 0 0
NIDEC CORP ADR COM 654090109 1,014 30,188 SH   SOLE   30,188 0 0
NIPPON TEL & TEL CORP ADR COM 654624105 442 9,255 SH   SOLE   9,255 0 0
NOKIA CORP -SPON ADR COM 654902204 76 14,942 SH   SOLE   14,942 0 0
NOVARTIS AG ADR COM 66987V109 545 6,273 SH   SOLE   6,273 0 0
Open Text Corp. COM 683715106 5,502 134,823 SH   SOLE   134,823 0 0
Opera Ltd. Sponsored ADR COM 68373M107 181 18,027 SH   SOLE   18,027 0 0
Orix Corp. COM 686330101 4,590 61,074 SH   SOLE   61,074 0 0
Oil company LUKOIL PJSC Sponso COM 69343P105 1,021 12,346 SH   SOLE   12,346 0 0
PT Bank Rakyat Indonesia (Pers COM 69366X100 373 25,680 SH   SOLE   25,680 0 0
PT Bank Mandiri (Persero) Tbk COM 69367U105 893 90,900 SH   SOLE   90,900 0 0
PEARSON PLC SPONSORED ADR ADR COM 705015105 2,980 329,680 SH   SOLE   329,680 0 0
PERUSAHAAN PERSEROAN F SPONSOR COM 715684106 1,092 36,256 SH   SOLE   36,256 0 0
Petroleo Brasileiro SA Sponsor COM 71654V408 1,113 76,924 SH   SOLE   76,924 0 0
Ping An Insurance (Group) Comp COM 72341E304 229 9,983 SH   SOLE   9,983 0 0
Prosus N.V. Sponsored ADR COM 74365P108 1,166 79,381 SH   SOLE   79,381 0 0
Rakuten Inc. COM 75102W108 467 47,355 SH   SOLE   47,355 0 0
RELX PLC Sponsored ADR COM 759530108 3,102 130,770 SH   SOLE   130,770 0 0
RIO TINTO PLC SPONSORED ADR COM 767204100 352 6,763 SH   SOLE   6,763 0 0
ROYAL DUTCH SHELL PLC -ADR COM 780259206 701 11,908 SH   SOLE   11,908 0 0
SK Telecom Co., Ltd. Sponsored COM 78440P108 1,656 74,599 SH   SOLE   74,599 0 0
SAP SE-SPONSORED ADR COM 803054204 6,140 52,091 SH   SOLE   52,091 0 0
Sasol Limited Sponsored ADR COM 803866300 180 10,564 SH   SOLE   10,564 0 0
Sberbank Russia OJSC Sponsored COM 80585Y308 1,326 94,426 SH   SOLE   94,426 0 0
SHIN-ETSU CHEM UNSPON ADR COM 824551105 490 18,317 SH   SOLE   18,317 0 0
Shinhan Financial Group Co Ltd COM 824596100 755 21,567 SH   SOLE   21,567 0 0
Shopify, Inc. Class A COM 82509L107 7,848 25,181 SH   SOLE   25,181 0 0
SIEMENS AG ADR COM 826197501 372 6,945 SH   SOLE   6,945 0 0
Smith & Nephew Plc COM 83175M205 8,188 170,122 SH   SOLE   170,122 0 0
Sociedad Quimica Y Minera De C COM 833635105 514 18,493 SH   SOLE   18,493 0 0
SOFTBANK GROUP CORP COM 83404D109 385 19,694 SH   SOLE   19,694 0 0
SONY CORP COM 835699307 9,085 153,641 SH   SOLE   153,641 0 0
South32 ADR COM 84473L105 1,010 114,293 SH   SOLE   114,293 0 0
Stmicroelectronics N.V. COM 861012102 3,540 183,058 SH   SOLE   183,058 0 0
Symrise AG Unsponsored ADR COM 87155N109 711 29,273 SH   SOLE   29,273 0 0
Taiwan Semiconductor Manufactu COM 874039100 3,195 68,732 SH   SOLE   68,732 0 0
Tata Motors Limited Sponsored COM 876568502 216 25,766 SH   SOLE   25,766 0 0
Teck Resources Ltd. COM 878742204 1,649 101,607 SH   SOLE   101,607 0 0
Tencent Holdings Ltd. Unsponso COM 88032Q109 1,523 36,164 SH   SOLE   36,164 0 0
TORONTO DOMINION BANK NY COM 891160509 450 7,727 SH   SOLE   7,727 0 0
TOTAL FINA ELF S A SPONSORED A COM 89151E109 640 12,313 SH   SOLE   12,313 0 0
Toyota Motor Corp. COM 892331307 236 1,756 SH   SOLE   1,756 0 0
TREASURY WINE ESTATES ADR COM 89465J109 461 36,832 SH   SOLE   36,832 0 0
Turkcell Iletisim Hizmetleri A COM 900111204 564 97,553 SH   SOLE   97,553 0 0
ULTRAPAR PART SPON F SPONSORED COM 90400P101 683 152,705 SH   SOLE   152,705 0 0
United Microelectronics Corp S COM 910873405 94 44,821 SH   SOLE   44,821 0 0
Vale S.A. Sponsored ADR COM 91912E105 1,040 90,416 SH   SOLE   90,416 0 0
Veolia Environnement COM 92334N103 294 11,583 SH   SOLE   11,583 0 0
WNS (Holdings) Limited Sponsor COM 92932M101 1,721 29,293 SH   SOLE   29,293 0 0
Amcor PLC COM G0250X107 149 15,304 SH   SOLE   15,304 0 0
AMDOCS LIMITED ORD COM G02602103 778 11,765 SH   SOLE   11,765 0 0
Arcos Dorados Holdings, Inc. C COM G0457F107 385 57,258 SH   SOLE   57,258 0 0
ACCENTURE PLC CL A COM G1151C101 891 4,634 SH   SOLE   4,634 0 0
Credicorp Ltd. COM G2519Y108 1,037 4,975 SH   SOLE   4,975 0 0
Icon Plc COM G4705A100 4,399 29,853 SH   SOLE   29,853 0 0
Livanova PLC COM G5509L101 615 8,328 SH   SOLE   8,328 0 0
MEDTRONIC PLC COM G5960L103 614 5,654 SH   SOLE   5,654 0 0
Novocure COM G6674U108 292 3,904 SH   SOLE   3,904 0 0
CHUBB LIMITED COM H1467J104 637 3,945 SH   SOLE   3,945 0 0
Logitech International S.A. COM H50430232 3,560 87,387 SH   SOLE   87,387 0 0
CHECK POINT SOFTWARE TECH COM M22465104 3,754 34,282 SH   SOLE   34,282 0 0
Elbit Systems Ltd. COM M3760D101 6,294 38,200 SH   SOLE   38,200 0 0
Aercap Holdings N.V. COM N00985106 6,687 122,140 SH   SOLE   122,140 0 0
ASML HOLDING NV COM N07059210 3,276 13,185 SH   SOLE   13,185 0 0
Ferrari NV COM N3167Y103 8,318 53,979 SH   SOLE   53,979 0 0
INTERXION HOLDING NV COM N47279109 4,842 59,443 SH   SOLE   59,443 0 0
uniQure N.V. COM N90064101 4,462 113,358 SH   SOLE   113,358 0 0
Yandex NV Class A COM N97284108 1,177 33,617 SH   SOLE   33,617 0 0