| Stock | 99.70% |
| Cash | 0.09% |
| Other* | 0.21% |
*May include dividends booked but not yet received.
Holdings Detailas of 2/2/2012 (Holdings subject to change)
| Symbol | Name |
% Net Assets |
Market Value ($) |
ISIN | Market | Sector |
Exchange Rate |
|---|---|---|---|---|---|---|---|
| UGP | ULTRAPAR PARTICPAC-SPON ADR | 13.88 | $15,695,514 | US90400P1012 | XNYS | Oil Gas & Consumable Fuels | 1.00 |
| CIG | CEMIG SA -SPONS ADR | 8.40 | $9,494,210 | US2044096012 | XNYS | Electric Utilities | 1.00 |
| 144 | CHINA MERCHANTS HLDGS INTL | 7.65 | $8,646,906 | HK0144000764 | XHKG | Transportation Infrastructure | 7.76 |
| CPL | CPFL ENERGIA SA-ADR | 5.44 | $6,151,512 | US1261531057 | XNYS | Electric Utilities | 1.00 |
| CEZ | CEZ AS | 5.36 | $6,058,955 | CZ0005112300 | XPRA | Electric Utilities | 19.00 |
| 1199 | COSCO PACIFIC LIMITED | 5.22 | $5,902,670 | BMG2442N1048 | XHKG | Transportation Infrastructure | 7.76 |
| 2883 | CHINA OILFIELD SERVICES-H | 5.12 | $5,790,225 | CNE1000002P4 | XHKG | Energy Equipment & Services | 7.76 |
| KEP | KOREA ELEC POWER CORP-SP ADR | 4.12 | $4,658,514 | US5006311063 | XNYS | Electric Utilities | 1.00 |
| EOC | EMPRESA NAC ELEC-CHIL-SP ADR | 3.88 | $4,383,164 | US29244T1016 | XNYS | Independent Power Producers & Energy Traders | 1.00 |
| EWM | ISHARES MSCI MALAYSIA | 3.83 | $4,332,033 | US4642868305 | ARCX | Index Fund | 1.00 |
| HYDR | FEDERAL HYDROGENERATING-ADR | 3.46 | $3,908,563 | US4662941057 | XLON-IOE | Electric Utilities | 1.00 |
| ASR | GRUPO AEROPORTUARIO SUR-ADR | 3.43 | $3,882,004 | US40051E2028 | XNYS | Transportation Infrastructure | 1.00 |
| ENI | ENERSIS S.A. -SPONS ADR | 3.36 | $3,796,631 | US29274F1049 | XNYS | Electric Utilities | 1.00 |
| PGAS | PERUSAHAAN GAS NEGARA PT | 3.22 | $3,635,492 | ID1000111602 | XIDX | Gas Utilities | 8939.99 |
| EBR | CENTRAIS ELETRICAS BR-SP ADR | 2.99 | $3,378,872 | US15234Q2075 | XNYS | Electric Utilities | 1.00 |
| PAC | GRUPO AEROPORTUARIO PAC-ADR | 2.92 | $3,306,422 | US4005061019 | XNYS | Transportation Infrastructure | 1.00 |
| 694 | BEIJING CAPITAL INTL AIRPO-H | 2.33 | $2,636,773 | CNE100000221 | XHKG | Transportation Infrastructure | 7.76 |
| TMKS | TMK-GDR REG S | 2.29 | $2,589,156 | US87260R2013 | XLON | Energy Equipment & Services | 1.00 |
| TAVHL | TAV HAVALIMANLARI HOLDING AS | 2.26 | $2,550,172 | TRETAVH00018 | XIST | Transportation Infrastructure | 1.76 |
| 177 | JIANGSU EXPRESS CO LTD-H | 2.21 | $2,497,995 | CNE1000003J5 | XHKG | Transportation Infrastructure | 7.76 |
| 836 | CHINA RESOURCES POWER HOLDIN | 2.08 | $2,357,083 | HK0836012952 | XHKG | Independent Power Producers & Energy Traders | 7.76 |
| 576 | ZHEJIANG EXPRESSWAY CO-H | 2.06 | $2,328,438 | CNE1000004S4 | XHKG | Transportation Infrastructure | 7.76 |
| EDCL | EURASIA DRILLIN-GDR REGS | 1.42 | $1,600,317 | US29843U2024 | XLON-IOE | Energy Equipment & Services | 1.00 |
| NCSP | NOVOROSSIYSK-GDR REG S | 1.07 | $1,211,315 | US67011U2087 | XLON-IOE | Transportation Infrastructure | 1.00 |
| HNP | HUANENG POWER INTL-SPONS ADR | 1.02 | $1,157,047 | US4433041005 | XNYS | Independent Power Producers & Energy Traders | 1.00 |
| 107 | SICHUAN EXPRESSWAY CO-H | 0.68 | $766,479 | CNE100000494 | XHKG | Transportation Infrastructure | 7.76 |
| -- | BLACKROCK FDS III | 0.09 | $96,874 | -- | S-T Securities | 1.00 |
