| Stock | 99.42% |
| Cash | 0.06% |
| Other* | 0.52% |
*May include dividends booked but not yet received.
Holdings Detailas of 2/9/2012 (Holdings subject to change)
| Symbol | Name |
% Net Assets |
Market Value ($) |
ISIN | Market | Sector |
Exchange Rate |
|---|---|---|---|---|---|---|---|
| PETR4 | PETROBRAS - PETROLEO BRAS-PR | 10.59 | $1,162,921,527 | BRPETRACNPR6 | XBSP | Energy | 1.72 |
| VALE5 | VALE SA-PREF A | 8.76 | $962,452,039 | BRVALEACNPA3 | XBSP | Materials | 1.72 |
| ITUB4 | ITAU UNIBANCO HOLDING SA | 8.32 | $913,433,715 | BRITUBACNPR1 | XBSP | Financials | 1.72 |
| PETR3 | PETROBRAS - PETROLEO BRAS | 8.13 | $892,800,531 | BRPETRACNOR9 | XBSP | Energy | 1.72 |
| BBDC4 | BANCO BRADESCO -PREF | 5.92 | $650,460,590 | BRBBDCACNPR8 | XBSP | Financials | 1.72 |
| AMBV4 | CIA DE BEBIDAS DAS AME-PREF | 4.65 | $511,182,490 | BRAMBVACNPR1 | XBSP | Consumer Staples | 1.72 |
| VALE3 | VALE SA | 3.38 | $371,352,244 | BRVALEACNOR0 | XBSP | Materials | 1.72 |
| ITSA4 | ITAUSA-INVESTIMENTOS ITAU-PR | 2.73 | $299,696,561 | BRITSAACNPR7 | XBSP | Financials | 1.72 |
| VALE | VALE SA-SP ADR | 2.27 | $249,465,972 | US91912E1055 | XNYS | Materials | 1.00 |
| BVMF3 | BM&FBOVESPA SA | 2.27 | $249,440,560 | BRBVMFACNOR3 | XBSP | Financials | 1.72 |
| BRFS3 | BRF - Brasil Foods SA | 2.22 | $243,613,393 | BRBRFSACNOR8 | XBSP | Consumer Staples | 1.72 |
| OGXP3 | OGX PETROLEO E GAS PARTICIPA | 2.20 | $241,743,304 | BROGXPACNOR3 | XBSP | Energy | 1.72 |
| GGBR4 | GERDAU SA-PREF | 1.55 | $170,754,941 | BRGGBRACNPR8 | XBSP | Materials | 1.72 |
| BBAS3 | BANCO DO BRASIL S.A. | 1.47 | $161,364,429 | BRBBASACNOR3 | XBSP | Financials | 1.72 |
| CMIG4 | CIA ENERGETICA MINAS GER-PRF | 1.42 | $155,998,649 | BRCMIGACNPR3 | XBSP | Utilities | 1.72 |
| CIEL3 | CIELO SA | 1.38 | $151,787,413 | BRCIELACNOR3 | XBSP | Information Technology | 1.72 |
| VIVT4 | TELEFONICA BRASIL S.A. | 1.37 | $150,116,216 | BRVIVTACNPR7 | XBSP | Telecom Services | 1.72 |
| CSNA3 | CIA SIDERURGICA NACIONAL SA | 1.35 | $148,216,656 | BRCSNAACNOR6 | XBSP | Materials | 1.72 |
| SANB11 | BANCO SANTANDER (BRASIL) SA | 1.17 | $129,019,225 | BRSANBCDAM13 | XBSP | Financials | 1.72 |
| UGPA3 | ULTRAPAR PARTICIPACOES SA | 1.17 | $128,890,093 | BRUGPAACNOR8 | XBSP | Energy | 1.72 |
| RDCD3 | REDECARD SA | 1.17 | $128,651,480 | BRRDCDACNOR3 | XBSP | Information Technology | 1.72 |
| CCRO3 | CCR SA | 1.11 | $122,391,084 | BRCCROACNOR2 | XBSP | Industrials | 1.72 |
| CRUZ3 | SOUZA CRUZ SA | 0.96 | $105,846,495 | BRCRUZACNOR0 | XBSP | Consumer Staples | 1.72 |
| BRAP4 | BRADESPAR SA -PREF | 0.85 | $93,735,874 | BRBRAPACNPR2 | XBSP | Materials | 1.72 |
| PDGR3 | PDG REALTY SA | 0.84 | $92,464,615 | BRPDGRACNOR8 | XBSP | Consumer Discretionary | 1.72 |
| SBSP3 | CIA SANEAMENTO BASICO DE SP | 0.82 | $89,914,685 | BRSBSPACNOR5 | XBSP | Utilities | 1.72 |
| BRML3 | BR MALLS PARTICIPACOES SA | 0.80 | $87,375,874 | BRBRMLACNOR9 | XBSP | Financials | 1.72 |
| PCAR4 | CIA BRASILEIRA DE DIS-PREF | 0.77 | $84,247,700 | BRPCARACNPR0 | XBSP | Consumer Staples | 1.72 |
| TIMP3 | TIM PARTICIPACOES SA | 0.76 | $82,991,818 | BRTIMPACNOR1 | XBSP | Telecom Services | 1.72 |
| LREN3 | LOJAS RENNER S.A. | 0.70 | $77,066,818 | BRLRENACNOR1 | XBSP | Consumer Discretionary | 1.72 |
| NATU3 | NATURA COSMETICOS SA | 0.69 | $75,867,832 | BRNATUACNOR6 | XBSP | Consumer Staples | 1.72 |
| EMBR3 | EMBRAER SA | 0.68 | $74,665,018 | BREMBRACNOR4 | XBSP | Industrials | 1.72 |
| ELET6 | CENTRAIS ELETRICAS BRAS-PR B | 0.61 | $67,195,875 | BRELETACNPB7 | XBSP | Utilities | 1.72 |
| GOAU4 | GERDAU METALURGICA SA-PREF | 0.61 | $66,954,563 | BRGOAUACNPR8 | XBSP | Materials | 1.72 |
| CESP6 | CIA ENERGETICA DE SP-PREF B | 0.60 | $66,381,182 | BRCESPACNPB4 | XBSP | Utilities | 1.72 |
| HGTX3 | CIA HERING | 0.56 | $61,909,930 | BRHGTXACNOR9 | XBSP | Consumer Discretionary | 1.72 |
| USIM5 | USINAS SIDER MINAS GER-PF A | 0.56 | $61,213,077 | BRUSIMACNPA6 | XBSP | Materials | 1.72 |
| CTIP3 | CETIP SA-BALCAO ORGANIZADO | 0.55 | $60,399,650 | BRCTIPACNOR2 | XBSP | Financials | 1.72 |
| CPFE3 | CPFL ENERGIA SA | 0.54 | $59,041,259 | BRCPFEACNOR0 | XBSP | Utilities | 1.72 |
| LAME4 | LOJAS AMERICANAS SA-PREF | 0.53 | $57,735,303 | BRLAMEACNPR6 | XBSP | Consumer Discretionary | 1.72 |
| JBSS3 | JBS SA | 0.52 | $56,995,474 | BRJBSSACNOR8 | XBSP | Consumer Staples | 1.72 |
| CYRE3 | CYRELA BRAZIL REALTY | 0.49 | $54,090,386 | BRCYREACNOR7 | XBSP | Consumer Discretionary | 1.72 |
| ELET3 | CENTRAIS ELETRICAS BRASILIER | 0.49 | $53,522,688 | BRELETACNOR6 | XBSP | Utilities | 1.72 |
| ALLL3 | ALL AMERICA LATINA LOGISTICA | 0.46 | $50,616,598 | BRALLLACNOR6 | XBSP | Industrials | 1.72 |
| BRSR6 | BANCO ESTADO RIO GRANDE SUL | 0.45 | $49,513,539 | BRBRSRACNPB4 | XBSP | Financials | 1.72 |
| TNLP4 | TELE NORTE LESTE PART-PREF | 0.43 | $47,034,357 | BRTNLPACNPR0 | XBSP | Telecom Services | 1.72 |
| CPLE6 | CIA PARANAENSE DE ENERGI-PFB | 0.42 | $45,587,413 | BRCPLEACNPB9 | XBSP | Utilities | 1.72 |
| TBLE3 | TRACTEBEL ENERGIA SA | 0.40 | $43,956,643 | BRTBLEACNOR2 | XBSP | Utilities | 1.72 |
| DASA3 | DIAGNOSTICOS DA AMERICA SA | 0.39 | $42,815,533 | BRDASAACNOR1 | XBSP | Health Care | 1.72 |
| MRVE3 | MRV ENGENHARIA | 0.38 | $42,113,279 | BRMRVEACNOR2 | XBSP | Consumer Discretionary | 1.72 |
| RENT3 | LOCALIZA RENT A CAR | 0.35 | $38,825,280 | BRRENTACNOR4 | XBSP | Industrials | 1.72 |
| CSAN3 | COSAN SA INDUSTRIA COMERCIO | 0.35 | $38,061,469 | BRCSANACNOR6 | XBSP | Consumer Staples | 1.72 |
| KLBN4 | KLABIN SA-PREF | 0.35 | $37,914,766 | BRKLBNACNPR9 | XBSP | Materials | 1.72 |
| TOTS3 | TOTVS SA | 0.34 | $37,097,702 | BRTOTSACNOR8 | XBSP | Information Technology | 1.72 |
| TAMM4 | TAM SA-PREF | 0.32 | $35,645,280 | BRTAMMACNPR2 | XBSP | Industrials | 1.72 |
| HYPE3 | HYPERMARCAS S.A | 0.32 | $35,250,962 | BRHYPEACNOR0 | XBSP | Consumer Staples | 1.72 |
| FIBR3 | FIBRIA CELULOSE SA | 0.31 | $34,016,005 | BRFIBRACNOR9 | XBSP | Materials | 1.72 |
| USIM3 | USINAS SIDERURGICAS DE MINAS | 0.31 | $33,886,259 | BRUSIMACNOR3 | XBSP | Materials | 1.72 |
| ELPL4 | ELETROPAULO METROPOLI-PREF | 0.31 | $33,727,697 | BRELPLACNPR6 | XBSP | Utilities | 1.72 |
| PSSA3 | PORTO SEGURO SA | 0.30 | $32,900,297 | BRPSSAACNOR7 | XBSP | Financials | 1.72 |
| BRTO4 | BRASIL TELECOM SA-PREFERENCE | 0.30 | $32,582,309 | BRBRTOACNPR5 | XBSP | Telecom Services | 1.72 |
| DTEX3 | DURATEX SA | 0.29 | $31,981,171 | BRDTEXACNOR3 | XBSP | Materials | 1.72 |
| AEDU3 | ANHANGUERA EDUCACIONAL PARTI | 0.28 | $30,713,068 | BRAEDUACNOR9 | XBSP | Consumer Discretionary | 1.72 |
| ENBR3 | EDP - ENERGIAS DO BRASIL SA | 0.27 | $29,413,147 | BRENBRACNOR2 | XBSP | Utilities | 1.72 |
| MULT3 | MULTIPLAN EMPREENDIMENTOS | 0.27 | $29,279,720 | BRMULTACNOR5 | XBSP | Financials | 1.72 |
| ODPV3 | ODONTOPREV S.A. | 0.25 | $27,148,601 | BRODPVACNOR4 | XBSP | Health Care | 1.72 |
| GETI4 | AES TIETE SA-PREF | 0.25 | $27,108,741 | BRGETIACNPR4 | XBSP | Utilities | 1.72 |
| HRTP3 | HRT PARTICIPACOES EM PETROLE | 0.24 | $26,694,755 | BRHRTPACNOR2 | XBSP | Energy | 1.72 |
| BRKM5 | BRASKEM SA-PREF A | 0.24 | $26,205,683 | BRBRKMACNPA4 | XBSP | Materials | 1.72 |
| ECOR3 | ECORODOVIAS INFRA E LOG SA | 0.23 | $24,982,927 | BRECORACNOR8 | XBSP | Industrials | 1.72 |
| SULA11 | SUL AMERICA SA - UNITS | 0.21 | $22,979,841 | BRSULACDAM12 | XBSP | Financials | 1.72 |
| AMIL3 | AMIL PARTICIPACOES SA | 0.21 | $22,953,045 | BRAMILACNOR0 | XBSP | Health Care | 1.72 |
| RADL3 | RAIA DROGASIL SA | 0.21 | $22,804,238 | BRRADLACNOR0 | XBSP | Consumer Staples | 1.72 |
| MMXM3 | MMX MINERACAO E METALICOS SA | 0.20 | $22,441,608 | BRMMXMACNOR2 | XBSP | Materials | 1.72 |
| TRPL4 | CIA DE TRANSMISSAO DE ENE-PF | 0.20 | $21,563,648 | BRTRPLACNPR1 | XBSP | Utilities | 1.72 |
| LIGT3 | LIGHT SA | 0.18 | $19,999,161 | BRLIGTACNOR2 | XBSP | Utilities | 1.72 |
| RSID3 | ROSSI RESIDENCIAL SA | 0.17 | $18,911,965 | BRRSIDACNOR8 | XBSP | Consumer Discretionary | 1.72 |
| SUZB5 | SUZANO PAPEL E CELULOSE SA | 0.15 | $16,417,481 | BRSUZBACNPA3 | XBSP | Materials | 1.72 |
| BISA3 | BROOKFIELD INCORPORACOES SA | 0.15 | $15,957,116 | BRBISAACNOR8 | XBSP | Consumer Discretionary | 1.72 |
| TMAR5 | TELEMAR NORTE LESTE SA-PR A | 0.14 | $15,469,825 | BRTMARACNPA7 | XBSP | Telecom Services | 1.72 |
| TNLP3 | TELE NORTE LESTE PART | 0.14 | $15,025,764 | BRTNLPACNOR3 | XBSP | Telecom Services | 1.72 |
| GOLL4 | GOL LINHAS AEREAS - PREF | 0.13 | $14,120,988 | BRGOLLACNPR4 | XBSP | Industrials | 1.72 |
| -- | BLACKROCK FDS III | 0.06 | $6,232,448 | -- | S-T Securities | 1.00 | |
| DTEX11 | DURATEX SA - RTS | 0.00 | $0 | BR99B27W0523 | XBSP | Materials | 1.72 |
