| Security | CUSIP | Shares | Traded Market Value | % of Holding ↓ |
| E.ON AG (FORMERLY VEBA) | 4942904 | 36,100 | $1,381,419.44 | 2.04% |
| UNITED UTILITIES GROUP | B39J2M4 | 115,900 | $1,308,467.92 | 1.93% |
| SIEMENS AG | 5727973 | 19,900 | $1,195,282.92 | 1.76% |
| BANQUE NATL PARIS A | 7309681 | 16,000 | $1,155,089.22 | 1.70% |
| YARA INTERNATIONAL | 7751259 | 49,500 | $1,034,825.14 | 1.53% |
| NIPPON MEAT PACK (2282.T) | 6640767 | 74,000 | $1,015,193.31 | 1.50% |
| BP AMOCO PLC | 055622104 | 19,900 | $989,030.00 | 1.46% |
| DEUTSCHE BANK AG | D18190898 | 26,000 | $987,480.00 | 1.46% |
| MAN GROUP PLC | B28KQ18 | 169,000 | $975,513.42 | 1.44% |
| PORTUGAL TELECOM | 5817186 | 147,400 | $969,342.66 | 1.43% |
| LLOYDS TSB GROUP | 0870612 | 297,451 | $961,191.25 | 1.42% |
| STMICROELECTRONI (FP) | 5962332 | 112,900 | $927,965.40 | 1.37% |
| MUENCHENER RUCKVERS REG | 5294121 | 6,900 | $913,932.07 | 1.35% |
| BASF AG | 5086577 | 27,200 | $913,022.56 | 1.35% |
| PLATINUM UNDERWRITERS HOL | G7127P100 | 27,095 | $859,995.30 | 1.27% |
| PHILIPS ELECTRON ADR | 500472303 | 45,900 | $849,150.00 | 1.25% |
| ALLIED WORLD ASSURANCE | G0219G203 | 26,400 | $846,648.00 | 1.25% |
| ROYAL DUTCH SHELL-NY REG | 780259206 | 15,000 | $837,150.00 | 1.23% |
| SVENSKA HANDLESBANKEN A | 5703661 | 45,000 | $827,413.32 | 1.22% |
| MARUBENI CORP | 6569464 | 211,000 | $819,911.30 | 1.21% |
| BRITVIC PLC | B0N8QD5 | 222,300 | $816,385.04 | 1.20% |
| DAIHATSU MOTOR | 6250304 | 105,000 | $777,570.45 | 1.15% |
| SAP | 4846288 | 21,800 | $769,377.11 | 1.13% |
| INTERNATIONAL POWER | 0632016 | 214,700 | $767,928.19 | 1.13% |
| CADBURY SCHWEPPS- ADR | 12721E102 | 20,700 | $765,486.00 | 1.13% |
| AXA-UAP | 7088429 | 39,500 | $754,523.69 | 1.11% |
| MITSUBISHI HEAVY INDUS | 6597067 | 229,000 | $734,405.43 | 1.08% |
| WH SMITH PLC | B2PDGW1 | 121,600 | $730,946.31 | 1.08% |
| SMITHS GROUP PLC | B1WY233 | 56,400 | $726,033.89 | 1.07% |
| BRASKEM SA-SPON ADR | 105532105 | 82,800 | $714,564.00 | 1.05% |
| NIPPON DENKO CO., LTD | 6640369 | 155,000 | $710,740.60 | 1.05% |
| OUTOKUMPU OY A | 4665148 | 66,400 | $688,026.21 | 1.01% |
| MANULIFE FINANCIAL CORP | 56501R106 | 33,700 | $677,033.00 | 1.00% |
| INTESABCI SPA | 4076836 | 184,900 | $676,636.73 | 1.00% |
| VOTORANTIM CELULOSE | 92906P106 | 65,700 | $662,913.00 | 0.98% |
| WESTPAC BANKING CORP | 6076146 | 47,782 | $655,350.66 | 0.96% |
| BILFINGER BERGER AG | 5117381 | 14,444 | $653,371.51 | 0.96% |
| AUTOLIV INC | 052800109 | 30,300 | $647,208.00 | 0.95% |
| YUE YUEN INDUSTRIAL LTD | 6586537 | 323,000 | $646,066.64 | 0.95% |
| NOBEL BIOCARE HOLDING AG | 7385722 | 37,300 | $640,986.36 | 0.94% |
| MITSUI & CO LTD | 6597302 | 66,000 | $639,637.36 | 0.94% |
| STANDARD CHARTERED PLC | 0408284 | 38,500 | $636,156.91 | 0.94% |
| TELIASONERA AB | 5978384 | 140,000 | $616,287.08 | 0.91% |
| DAIMLER AG | 5529027 | 17,800 | $611,453.09 | 0.90% |
| HITACHI | 6429104 | 129,000 | $605,784.91 | 0.89% |
| SALZGITTER AG | 5465358 | 9,200 | $604,940.19 | 0.89% |
| UNIBANCO | 90458E107 | 9,200 | $580,336.00 | 0.85% |
| PROMISE CO | 6703295 | 32,150 | $577,182.90 | 0.85% |
| ACOM CO LTD | 6049784 | 14,600 | $557,819.44 | 0.82% |
| NORSK HYDRO | B11HK39 | 133,300 | $557,321.79 | 0.82% |
| BRIT INSURANCE HLD | B11FL29 | 185,300 | $544,842.22 | 0.80% |
| BANCA POPOLARI UNITE SCRL | 7622225 | 32,100 | $541,468.93 | 0.80% |
| NOKIA OYJ /NOK1V.HE | 5902941 | 35,000 | $536,075.66 | 0.79% |
| BANK OF IRELAND ADR | 46267Q103 | 43,900 | $532,946.00 | 0.78% |
| METTLER-TOLEDO | 592688105 | 6,800 | $520,472.00 | 0.76% |
| PETROLEO BRASILEIRO SA | 71654V408 | 19,300 | $518,977.00 | 0.76% |
| IPC HOLDINGS LTD | G4933P101 | 18,000 | $496,980.00 | 0.73% |
| JERONIMO MARTINS SGPS SA | B1Y1SQ7 | 96,200 | $490,873.66 | 0.72% |
| MAN | 5563520 | 10,100 | $490,455.13 | 0.72% |
| CSL LIMITED | 6185495 | 20,060 | $487,672.97 | 0.72% |
| CHINA MERCHANTS BANK CO. | B1DYPZ5 | 317,000 | $485,674.86 | 0.71% |
| AHOLD NV | 5252602 | 43,000 | $461,568.35 | 0.68% |
| VALEO | 4937579 | 26,500 | $461,553.24 | 0.68% |
| MISYS | 0385785 | 257,800 | $461,518.83 | 0.68% |
| SAPPI LIMITED | 6777007 | 74,600 | $460,489.63 | 0.68% |
| PROSIEBEN SAT1 MEDIA | 4579131 | 146,900 | $453,283.52 | 0.67% |
| KLOECKNER & CO SE | B170DQ6 | 30,700 | $447,659.28 | 0.66% |
| ARCH CAPITAL GROUP LTD | G0450A105 | 6,300 | $439,425.00 | 0.64% |
| Associated British Foods | 0673123 | 39,200 | $438,535.80 | 0.64% |
| NATIONAL GRID TRANSCO | B08SNH3 | 38,400 | $432,489.53 | 0.63% |
| TESCO | 0884709 | 78,700 | $431,115.43 | 0.63% |
| HOCHTIEF | 5108664 | 13,800 | $427,838.76 | 0.63% |
| DERICHEBOURG | 4457088 | 134,100 | $422,605.38 | 0.62% |
| RSA INSURANCE GROUP PLC | 0661689 | 187,300 | $416,436.77 | 0.61% |
| ROYAL BANK CANADA, MONT | 2754383 | 10,700 | $415,992.70 | 0.61% |
| YAMADA DENKI | 6985026 | 7,620 | $414,841.82 | 0.61% |
| VOEST-ALPINE AG | 4943402 | 16,900 | $412,387.83 | 0.60% |
| NAM TAI ELECTRONICS ADR | 629865205 | 53,800 | $408,880.00 | 0.60% |
| ATLAS COPCO AB B | B1QGR74 | 54,400 | $407,477.53 | 0.60% |
| JFE SHOJI HLDGS | B01S2K6 | 129,000 | $407,263.07 | 0.60% |
| WM MORRISON SUPERMARKETS | 0604316 | 94,900 | $403,993.50 | 0.59% |
| MEDICEO PALTAC HOLDINGS | 6782090 | 37,200 | $403,157.79 | 0.59% |
| UNILEVER PLC SPON ADR | 904767704 | 17,600 | $397,056.00 | 0.58% |
| CHUNGHWA TELECOM CO., LTD | 17133Q304 | 24,000 | $395,040.00 | 0.58% |
| SAMPO INSURANCE | 5226038 | 19,700 | $394,737.20 | 0.58% |
| HANNOVER RUECKVERSICHERUN | 4511809 | 15,900 | $394,371.29 | 0.58% |
| TOAGOSEI CO LTD | 6894467 | 180,000 | $386,327.44 | 0.57% |
| JARDINE LLOYD THOMPSON | 0520337 | 53,776 | $383,504.14 | 0.56% |
| ENI SPA ADR | 26874R108 | 7,900 | $379,595.00 | 0.56% |
| HSBC HLDGS PLC | 404280406 | 6,400 | $377,600.00 | 0.55% |
| ELEKTA | B0M42T2 | 29,800 | $377,059.54 | 0.55% |
| TERNIUM SA | 880890108 | 42,700 | $376,187.00 | 0.55% |
| AQUARIUS PLATINUM | 0845580 | 150,286 | $373,379.82 | 0.55% |
| INTERNATIONAL PERSONAL F | B06QFB7 | 78,800 | $368,077.15 | 0.54% |
| CLOSE BROS GROUP | 0766807 | 42,200 | $367,120.03 | 0.54% |
| MONDI PLC | B1CRLC4 | 100,400 | $364,311.46 | 0.53% |
| FAST RETAILING CO | 6332439 | 3,400 | $362,541.06 | 0.53% |
| FRONTLINE LTD | G3682E127 | 11,200 | $356,160.00 | 0.52% |
| LUNDIN MINING CORPORATION | 550372106 | 273,700 | $355,810.00 | 0.52% |
| WOOLWORTHS LTD. | 6981239 | 18,725 | $348,934.79 | 0.51% |
| COFINIMMO | 4177988 | 2,800 | $348,867.33 | 0.51% |
| AKZO NOBEL | 5458314 | 8,300 | $344,958.73 | 0.51% |
| ITOCHU CORP | 6467803 | 65,000 | $343,578.58 | 0.50% |
| METROPOLE TV | 5993901 | 21,800 | $343,290.44 | 0.50% |
| ASPEN INSURANCE HOLDINGS | G05384105 | 14,800 | $339,808.00 | 0.50% |
| OPAP GA | 7107250 | 15,500 | $338,398.75 | 0.50% |
| ICAP PLC | 3387216 | 67,600 | $336,774.82 | 0.49% |
| FAIRFAX FINANCIAL HOLDING | 303901102 | 1,200 | $336,612.00 | 0.49% |
| NABTESCO CORP | 6687571 | 55,000 | $335,503.02 | 0.49% |
| HITACHI CHEMICAL CO. LTD | 6429126 | 32,700 | $334,190.07 | 0.49% |
| PHONAK HOLDING | 7156036 | 7,900 | $328,362.70 | 0.48% |
| JFE HOLDINGS INC NPV | 6543792 | 12,800 | $326,663.22 | 0.48% |
| MEDIOBANCA SPA | 4574813 | 28,500 | $325,341.04 | 0.48% |
| SONY CORPORATION | 6821506 | 13,700 | $324,760.75 | 0.48% |
| CELESIO AG | 5105182 | 11,000 | $322,913.49 | 0.47% |
| RAUTARUUKKI OYJ | 4727662 | 19,700 | $321,468.99 | 0.47% |
| MLP AG | 5720273 | 26,000 | $320,824.76 | 0.47% |
| KAZAKHMYS PLC | B0HZPV3 | 68,400 | $320,625.41 | 0.47% |
| ABITIBIBOWATER INC | 003687100 | 163,700 | $319,215.00 | 0.47% |
| ALCON INC | H01301102 | 3,600 | $317,232.00 | 0.46% |
| BARLOWORLD LIMITED | 6079123 | 54,200 | $317,109.38 | 0.46% |
| MAUREL ET PROM | B05DY78 | 26,700 | $316,638.22 | 0.46% |
| ELECTROCOMPONENTS | 0309644 | 137,564 | $315,432.37 | 0.46% |
| MITSUBISHI UFJ FINL ADR | 606822104 | 50,300 | $315,381.00 | 0.46% |
| BEKAERT | 5827431 | 3,200 | $314,852.70 | 0.46% |
| DRAX GROUP | B1VNSX3 | 33,600 | $312,154.92 | 0.46% |
| GAME GROUP PLC | 0736015 | 147,900 | $310,179.02 | 0.45% |
| ENEL SPA | 7144569 | 45,800 | $306,378.75 | 0.45% |
| TNT POST GROUP NV | 5481558 | 14,500 | $305,973.54 | 0.45% |
| HELLENIC BOTTLING | 4420723 | 21,900 | $305,591.35 | 0.45% |
| GO AHEAD GROUP | 0375377 | 13,800 | $302,177.18 | 0.44% |
| DAIMLERCHRYSLER AG | D1668R123 | 8,700 | $300,150.00 | 0.44% |
| OSTASIATISKE KOMPAGNI | 4297604 | 8,800 | $300,125.82 | 0.44% |
| TULLETT PREBON PLC | B1H0DZ5 | 78,200 | $299,625.91 | 0.44% |
| STAD ARZEIMITTEL AG | 5386750 | 9,800 | $298,930.12 | 0.44% |
| LEONI AG | 5773255 | 23,200 | $293,925.83 | 0.43% |
| SUEDZUCKER AG | 5784462 | 26,100 | $290,125.54 | 0.42% |
| COMPASS GROUP PLC | 0533153 | 62,100 | $288,709.75 | 0.42% |
| IBERDROLA SA | B288C92 | 39,300 | $284,395.26 | 0.42% |
| HOSIDEN CORP | 6439813 | 27,000 | $283,607.73 | 0.41% |
| DAIEI | 6249982 | 57,750 | $280,986.48 | 0.41% |
| METRO AG | 5041413 | 8,800 | $279,676.00 | 0.41% |
| RECKITT BENCKISER GROUP | B24CGK7 | 6,600 | $279,120.08 | 0.41% |
| ONE STEEL LIMITED | 6293729 | 121,463 | $278,947.10 | 0.41% |
| BHP STEEL LTD | 6533232 | 94,858 | $278,889.98 | 0.41% |
| TEL2B AB (EX NETCOM) | B085590 | 32,200 | $274,917.13 | 0.40% |
| ICON PLC | 45103T107 | 10,700 | $271,459.00 | 0.40% |
| BOLIDEN AB | B1XCBX9 | 108,200 | $260,392.62 | 0.38% |
| DAVIS SERVICE GROUP | B0F9971 | 71,500 | $254,468.33 | 0.37% |
| THYSSEN KRUPP | 5636927 | 13,400 | $251,069.60 | 0.37% |
| PSP SWISS PROPERTY | B012877 | 5,768 | $249,639.94 | 0.36% |
| UMICORE | 4005001 | 13,900 | $248,549.74 | 0.36% |
| ALLIANZ SE | 5231485 | 3,300 | $248,294.69 | 0.36% |
| AXFOOD AB | 5915916 | 12,800 | $246,832.37 | 0.36% |
| RENEWABLE ENERGY CORP AS | B01VHW2 | 26,100 | $246,406.57 | 0.36% |
| BEAZLEY GROUP PLC. | 3214303 | 144,200 | $245,790.59 | 0.36% |
| WILMAR INTERNATIONAL LTD. | B17KC69 | 140,000 | $242,193.77 | 0.35% |
| CHINA COSCO HOLDINGS | B0B8Z18 | 443,638 | $239,002.77 | 0.35% |
| VALLOUREC SA | B197DR6 | 2,123 | $237,449.51 | 0.35% |
| TOYOTA TSUSHO CORP | 6900580 | 24,300 | $234,551.82 | 0.34% |
| DNB NOR ASA | 4263304 | 40,300 | $233,701.23 | 0.34% |
| LANXESS | B05M8B7 | 15,300 | $231,534.82 | 0.34% |
| INNOSPEC INC | 45768S105 | 26,021 | $227,683.75 | 0.33% |
| K+S AG | 5761625 | 5,700 | $221,633.18 | 0.32% |
| ENTERPRISE INNS PLC | B1L8B62 | 140,000 | $220,419.92 | 0.32% |
| BANCA MONTE DEI PASCHI | 7128541 | 111,500 | $216,448.95 | 0.32% |
| GS YUASA CORP. | 6744250 | 85,000 | $214,914.60 | 0.31% |
| TOKIO MARINE HOLDINGS INC | 6513126 | 6,800 | $209,794.68 | 0.31% |
| SEVEN NETWORK LIMITED | 6783855 | 49,900 | $209,331.98 | 0.30% |
| MARSTON'S PLC | B1JQDM8 | 135,755 | $207,668.24 | 0.30% |
| AIFUL CORPORATION | 6019419 | 44,150 | $204,633.94 | 0.30% |
| CENTENNIAL COAL COMPANY | 6185622 | 86,900 | $204,275.44 | 0.30% |
| XSTRATA PLC | 3141100 | 11,000 | $188,107.93 | 0.27% |
| ITOHAM FOODS | 6467900 | 60,000 | $184,250.08 | 0.27% |
| ALPHA CREDIT BANK | 4235864 | 12,300 | $179,558.65 | 0.26% |
| DEMAG CRANES AG | B16LY78 | 9,100 | $176,580.06 | 0.26% |
| COMMERZBANK AG | 4325538 | 16,200 | $174,242.07 | 0.25% |
| VASTNED RETAIL NV | 4927194 | 3,400 | $173,923.74 | 0.25% |
| HEXAGON AB-B SHS | B1XFTL2 | 25,900 | $169,741.69 | 0.25% |
| OMV AG ATS100 (AMVV.VI) | 4651459 | 5,300 | $169,633.15 | 0.25% |
| WOODSIDE PETROLEUM | 6979728 | 5,976 | $168,789.59 | 0.24% |
| ARACRUZ CELULOSE S.A. | 038496204 | 12,300 | $163,590.00 | 0.24% |
| FORTESCUE METALS GROUP | 6086253 | 81,600 | $161,327.20 | 0.23% |
| KUONI REISEN HOLDINGS | 4714750 | 550 | $161,200.41 | 0.23% |
| CROWN LTD | B29LCJ0 | 35,000 | $156,581.35 | 0.23% |
| KOREA TELECOM CORP ADR | 48268K101 | 12,464 | $156,423.20 | 0.23% |
| DOMTAR CORP. | 257559104 | 62,400 | $154,752.00 | 0.22% |
| GREGGS PLC | 0385804 | 2,772 | $145,618.41 | 0.21% |
| SUZUKEN CO LTD | 6865560 | 6,500 | $138,910.89 | 0.20% |
| WEIR GROUP PLC, (THE) | 0946580 | 24,100 | $135,360.80 | 0.20% |
| PRAKTIKER BAU- UND HEIM | B0P7049 | 17,055 | $134,328.86 | 0.19% |
| MT. GIBSON IRON LTD. | 6963743 | 498,500 | $134,117.54 | 0.19% |
| TOHO ZINC CO., LTD. | 6895567 | 65,000 | $133,429.50 | 0.19% |
| LUNDIN MINING CORP | 2866857 | 85,900 | $128,336.65 | 0.18% |
| NEXITY | B037JC2 | 14,200 | $123,674.58 | 0.18% |
| TELENOR ASA | 4732495 | 15,490 | $92,487.78 | 0.13% |
| NORTH AMERICAN PD | 656912102 | 59,000 | $82,600.00 | 0.12% |
| PA RESOURCES AB | B0NP409 | 29,800 | $80,344.96 | 0.11% |
| AIXTRON AG | 5468346 | 16,100 | $79,187.03 | 0.11% |
| TECK COMINCO LTD-CL B | 878742204 | 7,846 | $76,969.26 | 0.11% |
| MITSUBISHI TOKYO FINANCE | 6335171 | 11,900 | $74,796.84 | 0.11% |
| MPC CAPITAL AG | 4464237 | 7,800 | $73,403.07 | 0.10% |
| NIPPON STEEL | 6642569 | 21,000 | $70,698.57 | 0.10% |
| ACE AVIATION HOLDINGS INC | B031P71 | 14,700 | $67,106.57 | 0.09% |
| NISSHIN STEEL CO LTD | 6641641 | 48,000 | $64,293.59 | 0.09% |
| PIRELLI & C REAL ESTATE | 7381656 | 8,733 | $61,941.82 | 0.09% |
| KARSTADT | 5786565 | 24,146 | $58,252.89 | 0.08% |
| ASAHI PRETEC CORP | 6174608 | 5,200 | $48,548.89 | 0.07% |
| BROWN BROS CAYMAN STIF | CAYMANMMK | 38,864 | $38,864.99 | 0.05% |
| PANORAMIC RESOURCES LTD | 6405665 | 52,800 | $37,868.76 | 0.05% |
| SHIMANO | 6804820 | 900 | $25,750.16 | 0.03% |
| STRAITS RESOURCES LTD | 6853769 | 22,400 | $19,519.55 | 0.02% |
| INES CORP. | 6463016 | 3,500 | $17,513.85 | 0.02% |
| SINO GOLD MINING LTD | 6571447 | -3,092 | -$7,119.15 | -0.01% |
| COLOPLAST A/S | B04TZX0 | -650 | -$47,137.86 | -0.06% |
| TEIJIN LTD | 6880507 | -31,000 | -$80,636.78 | -0.11% |
| CHIYODA | 6191704 | -17,000 | -$97,954.33 | -0.14% |
| GAMMON GOLD, INC. | 36467T106 | -34,000 | -$113,220.00 | -0.16% |
| REDROW PLC | 0728238 | -34,261 | -$114,563.65 | -0.16% |
| RED BACK MINING INC | B00ZD16 | -34,000 | -$133,764.94 | -0.19% |
| BOURBON S.A. | 5552993 | -5,300 | -$149,422.89 | -0.22% |
| EDF ENERGIES NOUV | B1HL121 | -5,631 | -$175,539.79 | -0.25% |
| DENSO CORP | 6640381 | -9,400 | -$183,248.68 | -0.27% |
| PETROPLUS HOLDINGS AG | B1HH936 | -7,584 | -$201,993.82 | -0.29% |
| LUXOTTICA GROUP S.P.A | 55068R202 | -10,400 | -$209,040.00 | -0.30% |
| AGNICO EAGLE MINES LTD | 008474108 | -7,800 | -$215,670.00 | -0.31% |
| IMPERIAL ENERGY CORP. | B00HD78 | -15,900 | -$217,531.57 | -0.32% |
| ANGLOGOLD ASHANTI LIMITED | 035128206 | -12,200 | -$222,650.00 | -0.32% |
| LINDT & SPRUENGLI AG-PC | 5962280 | -110 | -$236,726.91 | -0.35% |
| KANSAI PAINT CO. LTD. | 6483746 | -45,000 | -$251,202.05 | -0.37% |
| HARMONY GOLD MNG | 413216300 | -35,300 | -$258,043.00 | -0.38% |
| STRAUMANN HOLDINGS | 7156832 | -1,570 | -$266,527.40 | -0.39% |
| INGENICO | 4196897 | -17,600 | -$274,843.97 | -0.40% |
| HEIDELBERGER | 5120679 | -4,000 | -$291,660.55 | -0.43% |
| WEST JAPAN RAILWAY | 6957995 | -67 | -$294,899.62 | -0.43% |
| TOKYU CORP | 6896548 | -76,000 | -$298,629.88 | -0.44% |
| CARILLION | 0736554 | -90,700 | -$304,159.05 | -0.44% |
| KINROSS GOLD CORP. | 496902404 | -30,100 | -$313,943.00 | -0.46% |
| SECOM | 6791591 | -8,300 | -$316,646.38 | -0.46% |
| SWATCH GROUP AG/THE-REG | 7184736 | -11,200 | -$320,824.66 | -0.47% |
| CHINA PETE & CHEM CORP | 16941R108 | -5,200 | -$338,156.00 | -0.50% |
| AJINOMOTO | 6010906 | -40,000 | -$345,445.82 | -0.51% |
| GILDAN ACTIVEWEAR INC | 2254645 | -14,900 | -$347,518.26 | -0.51% |
| NOVO-NORDISK, CL B | 7077524 | -6,600 | -$353,850.59 | -0.52% |
| SMIT INTERNATIONALE NV | B1G55G6 | -5,300 | -$357,558.58 | -0.52% |
| BRISA AUTOSTRADAS | 5803925 | -48,000 | -$368,214.28 | -0.54% |
| SYNGENTA AG, ADR | 87160A100 | -10,300 | -$385,014.00 | -0.56% |
| NGK SPARK PLUGS | 6619604 | -41,000 | -$386,572.88 | -0.57% |
| ULTRAPETROL BAHAMAS LTD | P94398107 | -94,100 | -$389,574.00 | -0.57% |
| COCHLEAR LIMITED | 6211798 | -10,500 | -$398,231.83 | -0.58% |
| CHRISTIAN DIOR | 4061393 | -6,600 | -$399,796.77 | -0.59% |
| YAMAHA MOTOR CO LTD | 6985264 | -36,600 | -$404,729.98 | -0.59% |
| CARLSBERG AS-B | 4169219 | -10,700 | -$421,326.35 | -0.62% |
| ELECTROLUX AB (ELUXFB.ST) | B1KKBX6 | -47,100 | -$433,847.13 | -0.64% |
| MURATA MFG CO LTD | 6610403 | -13,100 | -$451,575.03 | -0.66% |
| ESSILOR INTERNATIONAL | 7212477 | -10,200 | -$457,497.95 | -0.67% |
| RANDGOLD RESOURCES LTD | 752344309 | -16,100 | -$499,261.00 | -0.73% |
| LINDE | 5740817 | -6,300 | -$529,861.09 | -0.78% |
| RANDSTAD HOLDING NV | 5228658 | -27,900 | -$542,250.87 | -0.80% |
| SYMRISE AG | B1JB4K8 | -46,700 | -$567,469.81 | -0.83% |
| CIA VALE RIO | 204412209 | -44,800 | -$587,776.00 | -0.86% |
| SSAB SVENSKT STAL AB CL A | B17H0S8 | -60,900 | -$616,096.30 | -0.91% |
| HOLMEN AB | 5036066 | -23,300 | -$657,105.71 | -0.97% |
| SHIN-ETSU CHEMICAL | 6804585 | -13,300 | -$707,111.02 | -1.04% |
| SOCIETY QUIMICA-SP ADR | 833635105 | -32,300 | -$739,670.00 | -1.09% |
| SOLVAY SA (SOLB.BR) | 4821100 | -8,500 | -$790,531.89 | -1.16% |
| GIVAUDAN - REG | 5980613 | -1,238 | -$843,882.52 | -1.24% |
| Total Long Positions | | | $86,527,419.07 | |
| Total Short Positions | | | -$18,917,525.59 | |
| Total Fund Assets | | | $67,609,893.48 | 100.00% |
