Agf Investments 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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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	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
21Vianet Group Inc. ADR	COM	90138A103	2,888	186,800	SH		SOLE	NONE	1,120,800	0	0
2U Inc.	COM	90214J101	2,025	103,100	SH		SOLE	NONE	103,100	0	0
3M Co.	COM	88579Y101	17,069	104,000	SH		SOLE	NONE	104,000	0	0
8x8 Inc.	COM	282914100	3,560	389,070	SH		SOLE	NONE	389,070	0	0
ACE Limited	COM	H0023R105	130,089	1,133,323	SH		SOLE	NONE	1,133,323	0	0
AGCO Corp.	COM	001084102	42,805	947,685	SH		SOLE	NONE	947,685	0	0
AT&T Inc.	COM	00206R102	53,049	1,580,874	SH		SOLE	NONE	1,580,874	0	0
AbbVie Inc.	COM	00287Y109	124,569	1,905,082	SH		SOLE	NONE	1,905,082	0	0
Actavis PLC	COM	G0083B108	148,016	575,355	SH		SOLE	NONE	575,355	0	0
Acuity Brands Inc.	COM	00508Y102	1,707	12,200	SH		SOLE	NONE	12,200	0	0
Advantage Oil and Gas Limited	COM	00765F101	1,859	388,492	SH		SOLE	NONE	388,492	0	0
Agnico Eagle Mines Ltd.	COM	008474108	10,984	441,300	SH		SOLE	NONE	441,300	0	0
Agrium Inc.	COM	008916108	61,092	645,334	SH		SOLE	NONE	645,334	0	0
Alamos Gold Inc.	COM	011527108	3,101	434,096	SH		SOLE	NONE	434,096	0	0
Alibaba Group Holding Ltd. SP ADR	ADR	01609W102	3,113	29,980	SH		SOLE	NONE	29,980	0	0
Allergan Inc.	COM	018490102	27,864	131,215	SH		SOLE	NONE	131,215	0	0
Alliance Data Systems Corporation	COM	018581108	93,923	328,567	SH		SOLE	NONE	328,567	0	0
Altria Group Inc.	COM	02209S103	87,216	1,771,955	SH		SOLE	NONE	1,771,955	0	0
Amazon.com Inc.	COM	023135106	52,575	169,503	SH		SOLE	NONE	169,503	0	0
America Movil SAB de CV 'L' ADR	ADR	02364W105	26,104	1,177,355	SH		SOLE	NONE	1,177,355	0	0
American Capital Agency Corporation	REIT	02503X105	26	1,200	SH		SOLE	NONE	1,200	0	0
American Tower Corporation	REIT	03027X100	41,620	421,282	SH		SOLE	NONE	421,282	0	0
American Water Works Company Inc.	COM	030420103	27,333	513,119	SH		SOLE	NONE	513,119	0	0
Ameriprise Financial Inc.	COM	03076C106	115,979	877,641	SH		SOLE	NONE	877,641	0	0
AngloGold Ashanti Ltd. ADR	ADR	035128206	476	54,675	SH		SOLE	NONE	54,675	0	0
Anheuser-Busch InBev NV ADR	ADR	03524A108	22,113	197,100	SH		SOLE	NONE	197,100	0	0
Annaly Capital Management Inc.	COM	035710409	23	2,100	SH		SOLE	NONE	2,100	0	0
Anthem Inc.	COM	036752103	15,578	124,100	SH		SOLE	NONE	124,100	0	0
Apple Inc.	COM	037833100	22,293	202,200	SH		SOLE	NONE	202,200	0	0
Archer-Daniels-Midland Company	COM	039483102	59,524	1,145,717	SH		SOLE	NONE	1,145,717	0	0
Asanko Gold Inc.	COM	04341Y105	2,854	1,842,420	SH		SOLE	NONE	1,842,420	0	0
Aurico Gold Inc.	COM	05155C105	4,333	1,307,600	SH		SOLE	NONE	1,307,600	0	0
Axiall Corporation	COM	05463D100	6,109	144,000	SH		SOLE	NONE	144,000	0	0
B2Gold Corporation	COM	11777Q209	13,833	8,459,391	SH		SOLE	NONE	8,459,391	0	0
BB&T Corporation	COM	054937107	4	100	SH		SOLE	NONE	100	0	0
BCE Inc.	COM	05534B760	10,485	228,652	SH		SOLE	NONE	228,652	0	0
Baidu Inc. ADR	ADR	056752108	4,856	21,320	SH		SOLE	NONE	2,132	0	0
Bank of America Corp.	COM	060505104	16,445	920,287	SH		SOLE	NONE	920,287	0	0
Bank of Montreal	COM	063671101	22,157	313,269	SH		SOLE	NONE	313,269	0	0
Bank of Nova Scotia	COM	064149107	164,197	2,877,108	SH		SOLE	NONE	2,877,108	0	0
Barrick Gold Corporation	COM	067901108	10,093	936,700	SH		SOLE	NONE	936,700	0	0
Baxter International Inc.	COM	071813109	21,325	291,300	SH		SOLE	NONE	291,300	0	0
Baytex Energy Corp.	COM	07317Q105	10,922	656,858	SH		SOLE	NONE	656,858	0	0
Becton, Dickinson and Company	COM	075887109	945	6,800	SH		SOLE	NONE	6,800	0	0
Bed Bath & Beyond Inc.	COM	075896100	18,678	245,500	SH		SOLE	NONE	245,500	0	0
Blackberry Limited	COM	09228F103	7,898	719,783	SH		SOLE	NONE	719,783	0	0
Booz Allen Hamilton Holding Corp.	COM	099502106	7,104	268,100	SH		SOLE	NONE	268,100	0	0
Boulder Brands Inc.	COM	101405108	357	32,300	SH		SOLE	NONE	32,300	0	0
Bristol-Myers Squibb Company	COM	110122108	41,156	697,783	SH		SOLE	NONE	697,783	0	0
Brookfield Asset Management Inc. 'A'	COM	112585104	112,055	2,236,290	SH		SOLE	NONE	2,236,290	0	0
Brookfield Property Partners Limited Partnership	LTD PART	G16249107	5,539	243,305	SH		SOLE	NONE	243,305	0	0
Brookfield Renewable Energy Partners LP	LTD PART	G16258108	479	15,500	SH		SOLE	NONE	15,500	0	0
Bunge Limited	COM	G16962105	8,532	93,958	SH		SOLE	NONE	93,958	0	0
CAE Inc.	COM	124765108	2,418	186,300	SH		SOLE	NONE	186,300	0	0
CGI Group Inc. 'A'	COM	39945C109	116,135	3,046,672	SH		SOLE	NONE	3,046,672	0	0
CME Group Inc.	COM	12572Q105	27	300	SH		SOLE	NONE	300	0	0
CSX Corporation	COM	126408103	42,666	1,178,675	SH		SOLE	NONE	1,178,675	0	0
CVS Health Corp.	COM	126650100	33,418	347,388	SH		SOLE	NONE	347,388	0	0
California Resources Corp.	COM	13057Q107	123	22,420	SH		SOLE	NONE	22,420	0	0
Cameco Corporation	COM	13321L108	33,877	2,066,258	SH		SOLE	NONE	2,066,258	0	0
Canadian Imperial Bank of Commerce	COM	136069101	79,644	926,861	SH		SOLE	NONE	926,861	0	0
Canadian National Railway Co.	COM	136375102	72,903	1,058,562	SH		SOLE	NONE	1,058,562	0	0
Canadian Natural Resources Ltd.	COM	136385101	136,562	4,417,348	SH		SOLE	NONE	4,417,348	0	0
Canadian Pacific Railway Limited	COM	13645T100	501	2,600	SH		SOLE	NONE	2,600	0	0
Cardinal Health Inc.	COM	14149Y108	589	7,300	SH		SOLE	NONE	7,300	0	0
Catamaran Corp.	COM	148887102	27,592	533,244	SH		SOLE	NONE	533,244	0	0
Celestica Inc.	COM	15101Q108	9,833	837,008	SH		SOLE	NONE	837,008	0	0
Celgene Corporation	COM	151020104	95,548	854,665	SH		SOLE	NONE	854,665	0	0
Cemex SAB De CV 4.875% March 15, 2015	CCB	151290AV5	1,214	1,175,000	PRN		SOLE	NONE	0	0	1,175,000
Cenovus Energy Inc.	COM	15135U109	25,065	1,214,974	SH		SOLE	NONE	1,214,974	0	0
Central Fund of Canada Ltd. - A	MFC	153501101	7,653	661,236	SH		SOLE	NONE	125,736	0	0
Central Gold Trust	MFC	153546106	1,232	30,300	SH		SOLE	NONE	0	0	30,300
Century Communities Inc.	COM	156504300	1,367	79,167	SH		SOLE	NONE	79,167	0	0
Cerner Corporation	COM	156782104	80,232	1,241,571	SH		SOLE	NONE	1,241,571	0	0
Chevron Corporation	COM	166764100	6,365	56,764	SH		SOLE	NONE	56,764	0	0
Ciena Corporation	COM	171779309	5,874	303,000	SH		SOLE	NONE	303,000	0	0
Cigna Corp.	COM	125509109	15,676	152,500	SH		SOLE	NONE	152,500	0	0
Cimarex Energy Company	COM	171798101	5,168	48,781	SH		SOLE	NONE	48,781	0	0
Cisco Systems Inc.	COM	17275R102	71,548	2,574,750	SH		SOLE	NONE	2,574,750	0	0
ConAgra Foods Inc.	COM	205887102	6,516	179,800	SH		SOLE	NONE	179,800	0	0
Concho Resources Inc.	COM	20605P101	26,083	261,631	SH		SOLE	NONE	261,631	0	0
ConocoPhillips	COM	20825C104	19,514	282,900	SH		SOLE	NONE	282,900	0	0
Consumer Discretionary Select Sector SPDR ETF	ETF	81369Y407	88,296	1,225,200	SH		SOLE	NONE	1,225,200	0	0
Consumer Staples Select Sector SPDR ETF	ETF	81369Y308	86,982	1,795,900	SH		SOLE	NONE	1,795,900	0	0
Continental Resources Inc.	COM	212015101	2,974	77,560	SH		SOLE	NONE	77,560	0	0
Cornerstone Ondemand Inc.	COM	21925Y103	4,655	132,385	SH		SOLE	NONE	132,385	0	0
Corning Inc.	COM	219350105	61,485	2,682,963	SH		SOLE	NONE	2,682,963	0	0
Cott Corporation	COM	22163N106	312	45,300	SH		SOLE	NONE	45,300	0	0
Covidien PLC	COM	G2554F113	8,246	80,685	SH		SOLE	NONE	80,685	0	0
Credicorp Limited	COM	G2519Y108	48,303	301,680	SH		SOLE	NONE	301,680	0	0
Crescent Point Energy Corporation	COM	22576C101	9,454	408,194	SH		SOLE	NONE	408,194	0	0
Ctrip.com International Ltd. 1.25% October 15, 2018	CCB	22943FAD2	1,121	1,150,000	PRN		SOLE	NONE	287,500	0	0
Cummins Inc.	COM	231021106	1,339	9,300	SH		SOLE	NONE	9,300	0	0
Cyberonics Inc.	COM	23251P102	2,391	42,997	SH		SOLE	NONE	42,997	0	0
D.R. Horton Inc.	COM	23331A109	11,211	443,800	SH		SOLE	NONE	443,800	0	0
DaVita HealthCare Partners Inc.	COM	23918K108	20,624	272,610	SH		SOLE	NONE	272,610	0	0
Dealertrack Technologies Inc. 1.50% March 15, 2017	CCB	242309AB8	1,835	1,401,000	PRN		SOLE	NONE	1,401,000	0	0
Deere & Company	COM	244199105	18	200	SH		SOLE	NONE	200	0	0
Delphi Automotive PLC	COM	G27823106	17,734	244,021	SH		SOLE	NONE	244,021	0	0
Devon Energy Corporation	COM	25179M103	11,777	192,504	SH		SOLE	NONE	192,504	0	0
Discover Financial Services	COM	254709108	955	14,600	SH		SOLE	NONE	14,600	0	0
Dominion Resources Inc.	COM	25746U109	507	6,600	SH		SOLE	NONE	6,600	0	0
Duke Energy Corporation	COM	26441C204	8	100	SH		SOLE	NONE	100	0	0
EMC Corporation	COM	268648102	37,745	1,270,300	SH		SOLE	NONE	1,270,300	0	0
EOG Resources Inc.	COM	26875P101	46,869	509,487	SH		SOLE	NONE	509,487	0	0
Eagle Materials Inc.	COM	26969P108	2,133	28,088	SH		SOLE	NONE	28,088	0	0
Eastman Chemical Co.	COM	277432100	4,187	55,225	SH		SOLE	NONE	55,225	0	0
Eaton Corporation PLC	COM	G29183103	62,543	921,200	SH		SOLE	NONE	921,200	0	0
Ecolab Inc.	COM	278865100	28,313	271,047	SH		SOLE	NONE	271,047	0	0
Eldorado Gold Corporation	COM	284902103	16,797	2,756,519	SH		SOLE	NONE	2,756,519	0	0
Enbridge Inc.	COM	29250N105	75,973	1,477,621	SH		SOLE	NONE	1,477,621	0	0
Encana Corp.	COM	292505104	8,597	617,734	SH		SOLE	NONE	617,734	0	0
Endeavour Silver Corporation	COM	29258Y103	781	357,467	SH		SOLE	NONE	357,467	0	0
Endo International PLC 1.75% April 15, 2015	CCB	29264FAB2	1,036	415,000	PRN		SOLE	NONE	415,000	0	0
Enerplus Corp.	COM	292766102	5,034	522,719	SH		SOLE	NONE	522,719	0	0
Enersis SA ADR	ADR	29274F104	74	4,639	SH		SOLE	NONE	4,639	0	0
Exelon Corporation	COM	30161N101	11	300	SH		SOLE	NONE	300	0	0
Express Scripts Holding Co.	COM	30219G108	8	100	SH		SOLE	NONE	100	0	0
Exxon Mobil Corporation	COM	30231G102	61,916	670,190	SH		SOLE	NONE	670,190	0	0
Facebook Inc. 'A'	COM	30303M102	90,068	1,155,097	SH		SOLE	NONE	1,155,097	0	0
Fiesta Restaurant Group Inc.	COM	31660B101	5,540	91,225	SH		SOLE	NONE	91,225	0	0
Financial Select Sector SPDR ETF	ETF	81369Y605	87,793	3,554,200	SH		SOLE	NONE	3,554,200	0	0
First Solar Inc.	COM	336433107	379	8,500	SH		SOLE	NONE	8,500	0	0
FirstService Corporation	COM	33761N109	12,238	239,873	SH		SOLE	NONE	239,873	0	0
Fluor Corporation	COM	343412102	6,056	100,000	SH		SOLE	NONE	100,000	0	0
Fomento Economico Mexicano SAB de CV ADR	ADR	344419106	30,096	342,010	SH		SOLE	NONE	342,010	0	0
Forestar Group Inc.	COM	346233109	9,103	591,546	SH		SOLE	NONE	591,546	0	0
Fortuna Silver Mines Inc.	COM	349915108	1,806	397,307	SH		SOLE	NONE	397,307	0	0
Franco-Nevada Corporation	COM	351858105	12,393	251,697	SH		SOLE	NONE	251,697	0	0
Freeport-McMoRan Inc.	COM	35671D857	14,434	618,407	SH		SOLE	NONE	618,407	0	0
Garmin Limited	COM	H2906T109	55,748	1,055,950	SH		SOLE	NONE	1,055,950	0	0
General Electric Company	COM	369604103	85,516	3,387,575	SH		SOLE	NONE	3,387,575	0	0
General Mills Inc.	COM	370334104	27	500	SH		SOLE	NONE	500	0	0
Gildan Activewear Inc.	COM	375916103	56,900	1,006,268	SH		SOLE	NONE	1,006,268	0	0
Gilead Sciences Inc.	COM	375558103	18,275	194,100	SH		SOLE	NONE	194,100	0	0
Global X MSCI Norway ETF	ETF	37950E747	21,779	1,827,023	SH		SOLE	NONE	1,827,023	0	0
GoPro Inc. Class 'A'	COM	38268T103	3,795	60,100	SH		SOLE	NONE	60,100	0	0
Goldcorp Inc.	COM	380956409	37,515	2,026,786	SH		SOLE	NONE	2,026,786	0	0
Gran Tierra Energy Inc.	COM	38500T101	4,895	1,275,348	SH		SOLE	NONE	1,275,348	0	0
Grifols SA ADR	ADR	398438408	462	13,600	SH		SOLE	NONE	0	0	13,600
Halliburton Company	COM	406216101	2,632	66,966	SH		SOLE	NONE	66,966	0	0
Hannon Armstrong Sustainable Infrastructure Capital Inc.	REIT	41068X100	458	32,200	SH		SOLE	NONE	32,200	0	0
Henry Schein Inc.	COM	806407102	21,331	156,765	SH		SOLE	NONE	156,765	0	0
Hewlett-Packard Company	COM	428236103	8	200	SH		SOLE	NONE	200	0	0
Home Depot Inc.	COM	437076102	755	7,200	SH		SOLE	NONE	7,200	0	0
HomeAway Inc.	COM	43739Q100	5,702	191,700	SH		SOLE	NONE	191,700	0	0
Honeywell International Inc.	COM	438516106	123,628	1,238,286	SH		SOLE	NONE	1,238,286	0	0
HudBay Minerals Inc.	COM	443628102	8,354	959,088	SH		SOLE	NONE	959,088	0	0
Huntington Ingalls Industries Inc.	COM	446413106	13,481	119,974	SH		SOLE	NONE	119,974	0	0
Huntsman Corporation	COM	447011107	22,990	1,010,195	SH		SOLE	NONE	1,010,195	0	0
IDEXX Laboratories Inc.	COM	45168D104	785	5,300	SH		SOLE	NONE	5,300	0	0
IMAX Corporation	COM	45245E109	4,204	136,200	SH		SOLE	NONE	136,200	0	0
IMRIS Inc.	COM	45322N105	295	352,318	SH		SOLE	NONE	352,318	0	0
Illumina Inc.	COM	452327109	91,586	496,477	SH		SOLE	NONE	496,477	0	0
Imperial Oil Limited	COM	453038408	26,338	611,421	SH		SOLE	NONE	611,421	0	0
Intel Corporation	COM	458140100	12,661	349,300	SH		SOLE	NONE	349,300	0	0
International Business Machines Corporation	COM	459200101	34,355	214,287	SH		SOLE	NONE	214,287	0	0
Intuit Inc.	COM	461202103	65,256	708,249	SH		SOLE	NONE	708,249	0	0
Invesco Limited	COM	G491BT108	54,988	1,392,532	SH		SOLE	NONE	1,392,532	0	0
Ishares India 50 ETF	ETF	464289529	83,725	2,800,163	SH		SOLE	NONE	2,800,163	0	0
Ishares iBoxx $ High Yield Corporate Bond ETF	ETF	464288513	8	92	SH		SOLE	NONE	92	0	0
JPMorgan Chase & Co.	COM	46625H100	143,586	2,296,618	SH		SOLE	NONE	2,296,618	0	0
Jack Henry & Associates Inc.	COM	426281101	4,382	70,600	SH		SOLE	NONE	70,600	0	0
Janus Capital Group Inc.	COM	47102X105	62,599	3,884,600	SH		SOLE	NONE	3,884,600	0	0
Jazz Pharmaceuticals PLC	COM	G50871105	11,627	71,097	SH		SOLE	NONE	71,097	0	0
Johnson Controls Inc.	COM	478366107	589	12,200	SH		SOLE	NONE	12,200	0	0
KB Financial Group Inc. ADR	ADR	48241A105	2,708	83,103	SH		SOLE	NONE	83,103	0	0
KB Home	COM	48666K109	3,090	186,940	SH		SOLE	NONE	186,940	0	0
Kate Spade & Co.	COM	485865109	6,813	213,100	SH		SOLE	NONE	213,100	0	0
Keysight Technologies Inc.	COM	49338L103	2	50	SH		SOLE	NONE	50	0	0
Kinder Morgan Inc.	COM	49456B101	77,478	1,833,057	SH		SOLE	NONE	1,833,057	0	0
Kinross Gold Corporation	COM	496902404	813	289,700	SH		SOLE	NONE	289,700	0	0
Kohl's Corporation	COM	500255104	9,960	163,360	SH		SOLE	NONE	163,360	0	0
Kraft Foods Group Inc.	COM	50076Q106	33,496	535,052	SH		SOLE	NONE	535,052	0	0
Lennar Corporation 'A'	COM	526057104	30,703	685,569	SH		SOLE	NONE	685,569	0	0
Lincoln National Corporation	COM	534187109	30,845	535,308	SH		SOLE	NONE	535,308	0	0
Lockheed Martin Corporation	COM	539830109	596	3,100	SH		SOLE	NONE	3,100	0	0
LyondellBasell Industries NV 'A'	COM	N53745100	124,841	1,573,644	SH		SOLE	NONE	1,573,644	0	0
MAG Silver Corporation	COM	55903Q104	2,715	331,307	SH		SOLE	NONE	331,307	0	0
MGM Resorts International 4.25% April 15, 2015	CCB	55303QAE0	413	350,000	PRN		SOLE	NONE	350,000	0	0
Macy's Inc.	COM	55616P104	506	7,700	SH		SOLE	NONE	7,700	0	0
Magna International Inc.	COM	559222401	67,073	619,050	SH		SOLE	NONE	619,050	0	0
Manulife Financial Corporation	COM	56501R106	75,523	3,956,281	SH		SOLE	NONE	3,956,281	0	0
Market Vectors High Yield Municipal Index ETF	ETF	57060U878	2,477	80,400	SH		SOLE	NONE	80,400	0	0
McDonald's Corporation	COM	580135101	28	300	SH		SOLE	NONE	300	0	0
McKesson Corporation	COM	58155Q103	20,351	98,098	SH		SOLE	NONE	98,098	0	0
Mednax Inc.	COM	58502B106	17,129	259,400	SH		SOLE	NONE	259,400	0	0
Medtronic Inc.	COM	585055106	663	9,200	SH		SOLE	NONE	9,200	0	0
Merck & Company Inc.	COM	58933Y105	15,870	279,783	SH		SOLE	NONE	279,783	0	0
MetLife Inc.	COM	59156R108	26,738	494,714	SH		SOLE	NONE	494,714	0	0
Methanex Corporation	COM	59151K108	3,556	77,415	SH		SOLE	NONE	77,415	0	0
Microchip Technology Inc. 2.125% December 15, 2037	CCB	595017AB0	899	500,000	PRN		SOLE	NONE	500,000	0	0
Microsoft Corporation	COM	594918104	585	12,600	SH		SOLE	NONE	12,600	0	0
Mondelez International Inc.	COM	609207105	45,666	1,258,184	SH		SOLE	NONE	1,258,184	0	0
Monsanto Company	COM	61166W101	61,042	511,226	SH		SOLE	NONE	511,226	0	0
Monster Beverage Corp.	COM	611740101	51,708	477,509	SH		SOLE	NONE	477,509	0	0
Moody's Corporation	COM	615369105	95,647	999,018	SH		SOLE	NONE	999,018	0	0
Morgan Stanley	COM	617446448	717	18,500	SH		SOLE	NONE	18,500	0	0
Mountain Province Diamonds Inc.	COM	62426E402	3,379	809,575	SH		SOLE	NONE	809,575	0	0
NVIDIA Corporation	COM	67066G104	743	37,100	SH		SOLE	NONE	37,100	0	0
NXP Semiconductors NV	COM	N6596X109	10,429	136,666	SH		SOLE	NONE	136,666	0	0
National Retail Properties Inc.	REIT	637417106	21,782	553,907	SH		SOLE	NONE	553,907	0	0
New Gold Inc.	COM	644535106	2,853	665,682	SH		SOLE	NONE	665,682	0	0
New Oriental Education & Technology Group Inc. ADR	ADR	647581107	3,457	169,500	SH		SOLE	NONE	169,500	0	0
Newmont Mining Corporation	COM	651639106	1,586	84,000	SH		SOLE	NONE	84,000	0	0
Noble Energy Inc.	COM	655044105	2,408	50,789	SH		SOLE	NONE	50,789	0	0
Northrop Grumman Corporation	COM	666807102	76,237	517,705	SH		SOLE	NONE	517,705	0	0
Novellus Systems Inc. 2.625% May 15, 2041	CCB	670008AD3	1,038	449,000	PRN		SOLE	NONE	449,000	0	0
Nu Skin Enterprises Inc. 'A'	COM	67018T105	19,006	435,190	SH		SOLE	NONE	435,190	0	0
Oasis Petroleum Inc.	COM	674215108	1,186	71,743	SH		SOLE	NONE	71,743	0	0
Occidental Petroleum Corporation	COM	674599105	4,448	55,211	SH		SOLE	NONE	55,211	0	0
Omnicom Group Inc.	COM	681919106	81,981	1,059,099	SH		SOLE	NONE	1,059,099	0	0
On Assignment Inc.	COM	682159108	5,525	166,661	SH		SOLE	NONE	166,661	0	0
Open Text Corporation	COM	683715106	56,886	977,586	SH		SOLE	NONE	977,586	0	0
Oracle Corporation	COM	68389X105	52,465	1,167,700	SH		SOLE	NONE	1,167,700	0	0
Pall Corporation	COM	696429307	1,526	15,100	SH		SOLE	NONE	15,100	0	0
Pattern Energy Group Inc.	COM	70338P100	833	33,800	SH		SOLE	NONE	33,800	0	0
Peabody Energy Corp.	COM	704549104	1	159	SH		SOLE	NONE	159	0	0
Pembina Pipeline Corporation	COM	706327103	16,365	449,089	SH		SOLE	NONE	449,089	0	0
Pengrowth Energy Corp.	COM	70706P104	5,990	1,901,700	SH		SOLE	NONE	1,901,700	0	0
Penn West Petroleum Ltd.	COM	707887105	1,647	787,300	SH		SOLE	NONE	787,300	0	0
PepsiCo Inc.	COM	713448108	28	300	SH		SOLE	NONE	300	0	0
Performance Sports Group Ltd.	COM	71377G100	767	42,159	SH		SOLE	NONE	42,159	0	0
Perrigo Co. PLC	COM	G97822103	44,037	263,675	SH		SOLE	NONE	263,675	0	0
Petroleo Brasileiro SA ADR	ADR	71654V408	540	73,905	SH		SOLE	NONE	73,905	0	0
Pharmacyclics Inc.	COM	716933106	5,176	42,383	SH		SOLE	NONE	42,383	0	0
Philip Morris International Inc.	COM	718172109	106,941	1,314,237	SH		SOLE	NONE	1,314,237	0	0
Phillips 66	COM	718546104	46,798	653,300	SH		SOLE	NONE	653,300	0	0
Pioneer Natural Resources Company	COM	723787107	26,866	180,597	SH		SOLE	NONE	180,597	0	0
Polyone Corporation	COM	73179P106	6,708	177,161	SH		SOLE	NONE	177,161	0	0
Potash Corp. of Saskatchewan Inc.	COM	73755L107	1,139	32,228	SH		SOLE	NONE	32,228	0	0
Powershares International Corporate Bond Portfolio	ETF	73936Q835	12	414	SH		SOLE	NONE	414	0	0
Praxair Inc.	COM	74005P104	883	6,825	SH		SOLE	NONE	6,825	0	0
Precision Castparts Corporation	COM	740189105	67,353	279,773	SH		SOLE	NONE	279,773	0	0
Precision Drilling Corporation	COM	74022D308	37,694	6,203,511	SH		SOLE	NONE	6,203,511	0	0
Priceline Group Inc.	COM	741503403	68,246	59,889	SH		SOLE	NONE	59,889	0	0
Primerica Inc.	COM	74164M108	54,018	996,107	SH		SOLE	NONE	996,107	0	0
Primero Mining Corporation	COM	74164W106	5,985	1,555,725	SH		SOLE	NONE	1,555,725	0	0
Progressive Waste Solutions Ltd.	COM	74339G101	1,885	62,700	SH		SOLE	NONE	62,700	0	0
QUALCOMM Inc.	COM	747525103	115,553	1,555,927	SH		SOLE	NONE	1,555,927	0	0
Quanta Services Inc.	COM	74762E102	1,268	44,700	SH		SOLE	NONE	44,700	0	0
RPM International Inc.	COM	749685103	404	7,976	SH		SOLE	NONE	7,976	0	0
Ralph Lauren Corporation	COM	751212101	9,675	52,286	SH		SOLE	NONE	52,286	0	0
Randgold Resources Limited ADR	ADR	752344309	33,665	499,644	SH		SOLE	NONE	499,644	0	0
Raytheon Company	COM	755111507	11	100	SH		SOLE	NONE	100	0	0
Red Hat Inc.	COM	756577102	61,197	885,627	SH		SOLE	NONE	885,627	0	0
Regeneron Pharmaceuticals Inc.	COM	75886F107	70,746	172,545	SH		SOLE	NONE	172,545	0	0
Richmont Mines Inc.	COM	76547T106	1,121	353,000	SH		SOLE	NONE	353,000	0	0
Rio Alto Mining Limited	COM	76689T104	6,464	2,663,220	SH		SOLE	NONE	2,663,220	0	0
Robert Half International Inc.	COM	770323103	101,674	1,742,612	SH		SOLE	NONE	1,742,612	0	0
Rock-Tenn Company 'A'	COM	772739207	46,981	771,100	SH		SOLE	NONE	771,100	0	0
Rockwell Automation Inc.	COM	773903109	10,863	97,800	SH		SOLE	NONE	97,800	0	0
Rogers Communications Inc. 'B'	COM	775109200	6,074	156,228	SH		SOLE	NONE	0	0	156,228
Roper Industries Inc.	COM	776696106	1,171	7,500	SH		SOLE	NONE	7,500	0	0
Ross Stores Inc.	COM	778296103	16,175	171,800	SH		SOLE	NONE	171,800	0	0
Royal Bank of Canada	COM	780087102	150,735	2,182,687	SH		SOLE	NONE	2,182,687	0	0
Royal Dutch Shell PLC 'A' ADR	ADR	780259206	1,462	21,841	SH		SOLE	NONE	21,841	0	0
Royal Gold Inc.	COM	780287108	9,724	155,205	SH		SOLE	NONE	155,205	0	0
SPDR Barclays Investment Grade Floating Rate ETF	ETF	78468R200	16,720	549,200	SH		SOLE	NONE	0	0	549,200
SPDR S&P Homebuilders ETF	ETF	78464A888	8,789	257,600	SH		SOLE	NONE	257,600	0	0
SVB Financial Group	COM	78486Q101	4,452	38,400	SH		SOLE	NONE	38,400	0	0
SanDisk Corporation	COM	80004C101	91,134	930,665	SH		SOLE	NONE	930,665	0	0
Schlumberger Limited	COM	806857108	42,500	498,012	SH		SOLE	NONE	498,012	0	0
Seagate Technology PLC	COM	G7945M107	598	9,000	SH		SOLE	NONE	9,000	0	0
Sealed Air Corporation	COM	81211K100	1,267	29,900	SH		SOLE	NONE	29,900	0	0
Sears Canada Inc.	COM	81234D109	1,703	176,000	SH		SOLE	NONE	176,000	0	0
SemGroup Corporation 'A'	COM	81663A105	6,446	94,366	SH		SOLE	NONE	94,366	0	0
Sempra Energy	COM	816851109	489	4,400	SH		SOLE	NONE	4,400	0	0
Shaw Communications Inc. 'B'	COM	82028K200	30,710	1,138,165	SH		SOLE	NONE	0	0	1,138,165
Shire PLC ADR	ADR	82481R106	1,146	5,400	SH		SOLE	NONE	5,400	0	0
Sigma-Aldrich Corporation	COM	826552101	23	165	SH		SOLE	NONE	165	0	0
Signature Bank	COM	82669G104	4,756	37,800	SH		SOLE	NONE	37,800	0	0
Silver Wheaton Corporation	COM	828336107	34,002	1,671,890	SH		SOLE	NONE	1,671,890	0	0
SilverCrest Mines Inc.	COM	828365106	5,787	4,734,977	SH		SOLE	NONE	4,734,977	0	0
Sirona Dental Systems Inc.	COM	82966C103	12	137	SH		SOLE	NONE	137	0	0
Skyworks Solutions Inc.	COM	83088M102	7,328	100,900	SH		SOLE	NONE	100,900	0	0
Solitario Exploration & Royalty Corporation	COM	8342EP107	640	708,301	SH		SOLE	NONE	708,301	0	0
Southern Company	COM	842587107	25	500	SH		SOLE	NONE	500	0	0
Southern Copper Corporation	COM	84265V105	11,578	410,738	SH		SOLE	NONE	410,738	0	0
Southwestern Energy Company	COM	845467109	2,164	79,360	SH		SOLE	NONE	79,360	0	0
Spouts Farmers Market Inc.	COM	85208M102	5,509	162,300	SH		SOLE	NONE	162,300	0	0
Stantec Inc.	COM	85472N109	15,310	557,130	SH		SOLE	NONE	557,130	0	0
Staples Inc.	COM	855030102	11,638	643,000	SH		SOLE	NONE	643,000	0	0
Stillwater Mining Company	COM	86074Q102	15,657	1,062,889	SH		SOLE	NONE	1,062,889	0	0
Stratasys Ltd.	COM	M85548101	5,810	69,990	SH		SOLE	NONE	69,990	0	0
Sun Life Financial Inc.	COM	866796105	19,433	538,621	SH		SOLE	NONE	538,621	0	0
Suncor Energy Inc.	COM	867224107	161,339	5,080,220	SH		SOLE	NONE	5,080,220	0	0
Sunedison Inc.	COM	86732Y109	522	26,800	SH		SOLE	NONE	26,800	0	0
Superior Energy Services Inc.	COM	868157108	4,316	214,324	SH		SOLE	NONE	214,324	0	0
T.Rowe Price Group Inc.	COM	74144T108	89,363	1,041,504	SH		SOLE	NONE	1,041,504	0	0
TE Connectivity Limited	COM	H84989104	16,047	254,000	SH		SOLE	NONE	254,000	0	0
TELUS Corp.	COM	87971M103	33,666	933,801	SH		SOLE	NONE	933,801	0	0
TOTAL SA ADR	ADR	89151E109	2,262	44,175	SH		SOLE	NONE	44,175	0	0
Tahoe Resources Inc.	COM	873868103	54,065	3,889,647	SH		SOLE	NONE	3,889,647	0	0
Taiwan Semiconductor Manufacturing Company Limited ADR	ADR	874039100	858	38,365	SH		SOLE	NONE	38,365	0	0
Target Corporation	COM	87612E106	30	400	SH		SOLE	NONE	400	0	0
Technology Select Sector SPDR ETF	ETF	81369Y803	86,911	2,104,288	SH		SOLE	NONE	2,104,288	0	0
Teck Resources Limited 'B'	COM	878742204	29,010	2,122,599	SH		SOLE	NONE	2,122,599	0	0
Tenaris SA ADR	ADR	88031M109	32,451	1,074,608	SH		SOLE	NONE	1,074,608	0	0
Tesla Motors Inc.	COM	88160R101	200	900	SH		SOLE	NONE	900	0	0
Teva Pharmaceutical Industries Limited ADR	ADR	881624209	40,367	702,310	SH		SOLE	NONE	702,310	0	0
Texas Instruments Inc.	COM	882508104	913	17,100	SH		SOLE	NONE	17,100	0	0
The Allstate Corporation	COM	020002101	5,571	79,400	SH		SOLE	NONE	79,400	0	0
The Blackstone Group Limited Partnership	COM	09253U108	98,389	2,910,064	SH		SOLE	NONE	2,910,064	0	0
The Boeing Company	COM	097023105	83,174	640,271	SH		SOLE	NONE	640,271	0	0
The Brink's Company	COM	109696104	5,158	211,545	SH		SOLE	NONE	211,545	0	0
The Carlyle Group LP	LTD PART	14309L102	3,895	141,800	SH		SOLE	NONE	141,800	0	0
The Coca-Cola Company	COM	191216100	13	300	SH		SOLE	NONE	300	0	0
The Cooper Companies Inc.	COM	216648402	7,864	48,546	SH		SOLE	NONE	48,546	0	0
The Descartes Systems Group Inc.	COM	249906108	451	30,400	SH		SOLE	NONE	30,400	0	0
The Dun & Bradstreet Corporation	COM	26483E100	46,261	382,728	SH		SOLE	NONE	382,728	0	0
The Estee Lauder Companies Inc. 'A'	COM	518439104	61,254	804,318	SH		SOLE	NONE	804,318	0	0
The Hain Celestial Group Inc.	COM	405217100	908	15,600	SH		SOLE	NONE	15,600	0	0
The Hartford Financial Services Group Inc.	COM	416515104	16,453	395,100	SH		SOLE	NONE	395,100	0	0
The TJX Companies Inc.	COM	872540109	15,002	219,000	SH		SOLE	NONE	219,000	0	0
The Walt Disney Company	COM	254687106	715	7,600	SH		SOLE	NONE	7,600	0	0
The Williams Companies Inc.	COM	969457100	107,488	2,393,773	SH		SOLE	NONE	2,393,773	0	0
Thermo Fisher Scientific Inc.	COM	883556102	26,201	209,363	SH		SOLE	NONE	209,363	0	0
Thomson Reuters Corporation	COM	884903105	1,334	33,081	SH		SOLE	NONE	33,081	0	0
Toronto-Dominion Bank	COM	891160509	150,342	3,146,857	SH		SOLE	NONE	3,146,857	0	0
TransAlta Corporation	COM	89346D107	10,111	1,116,700	SH		SOLE	NONE	1,116,700	0	0
TransCanada Corporation	COM	89353D107	11,052	224,883	SH		SOLE	NONE	224,883	0	0
Trimble Navigation Limited	COM	896239100	371	14,000	SH		SOLE	NONE	14,000	0	0
Trulia Inc. 2.750% December 15, 2020	CCB	897888AB9	673	470,000	PRN		SOLE	NONE	470,000	0	0
U.S. Geothermal Inc. Restricted (1933)	COM	90338S102	2,674	5,852,335	SH		SOLE	NONE	5,852,335	0	0
US Bancorp	COM	902973304	27	600	SH		SOLE	NONE	600	0	0
Ultimate Software Group Inc.	COM	90385D107	5,721	39,014	SH		SOLE	NONE	39,014	0	0
United Natural Foods Inc.	COM	911163103	1,058	13,700	SH		SOLE	NONE	13,700	0	0
United Parcel Service Inc. 'B'	COM	911312106	22	200	SH		SOLE	NONE	200	0	0
United Technologies Corporation	COM	913017109	23,008	200,300	SH		SOLE	NONE	200,300	0	0
UnitedHealth Group Inc.	COM	91324P102	606	6,000	SH		SOLE	NONE	6,000	0	0
Universal Display Corporation	COM	91347P105	4,546	164,000	SH		SOLE	NONE	164,000	0	0
Unum Group	COM	91529Y106	67,796	1,945,109	SH		SOLE	NONE	1,945,109	0	0
Utilities Select Sector SPDR ETF	ETF	81369Y886	85,642	1,815,800	SH		SOLE	NONE	1,815,800	0	0
Vale SA ADR	ADR	91912E105	14,993	1,834,242	SH		SOLE	NONE	1,834,242	0	0
Valeant Pharmaceuticals International Inc.	COM	91911K102	5,467	38,188	SH		SOLE	NONE	38,188	0	0
Valero Energy Corporation	COM	91913Y100	10,473	211,698	SH		SOLE	NONE	211,698	0	0
Vanguard FTSE Europe ETF	ETF	922042874	17	332	SH		SOLE	NONE	332	0	0
Vanguard Ftse Emerging Markets ETF	ETF	922042858	4	90	SH		SOLE	NONE	90	0	0
Verizon Communications Inc.	COM	92343V104	2,327	49,800	SH		SOLE	NONE	49,800	0	0
Vermilion Energy Inc.	COM	923725105	12,386	252,488	SH		SOLE	NONE	252,488	0	0
Visa Inc. 'A'	COM	92826C839	105	400	SH		SOLE	NONE	400	0	0
Volcano Corp. 1.75% December 01, 2017	CCB	928645AB6	767	775,000	PRN		SOLE	NONE	775,000	0	0
Vulcan Materials Company	COM	929160109	17,496	266,348	SH		SOLE	NONE	266,348	0	0
WPX Energy Inc.	COM	98212B103	10,747	924,787	SH		SOLE	NONE	924,787	0	0
Wabash National Corp. 3.375% May 1, 2018	CCB	929566AH0	1,654	1,315,000	PRN		SOLE	NONE	1,315,000	0	0
Wabtec Corp.	COM	929740108	23,547	271,167	SH		SOLE	NONE	271,167	0	0
Wal-Mart Stores Inc.	COM	931142103	26	300	SH		SOLE	NONE	300	0	0
Waste Connections Inc.	COM	941053100	975	22,200	SH		SOLE	NONE	22,200	0	0
Waste Management Inc.	COM	94106L109	83,125	1,621,047	SH		SOLE	NONE	1,621,047	0	0
Weight Watchers International Inc.	COM	948626106	5,351	215,548	SH		SOLE	NONE	215,548	0	0
Wells Fargo & Company	COM	949746101	42,792	781,500	SH		SOLE	NONE	781,500	0	0
Western Copper Corporation and Gold Corp.	COM	95805V108	1,018	1,739,779	SH		SOLE	NONE	1,739,779	0	0
Western Digital Corporation	COM	958102105	21,329	192,900	SH		SOLE	NONE	192,900	0	0
WhiteWave Foods Co.	COM	966244105	856	24,500	SH		SOLE	NONE	24,500	0	0
Whiting Petroleum Corporation	COM	966387102	4,403	133,478	SH		SOLE	NONE	133,478	0	0
Wi-LAN Inc.	COM	928972108	1,699	567,100	SH		SOLE	NONE	567,100	0	0
Wilshire US REIT ETF	ETF	18383M472	4,479	96,800	SH		SOLE	NONE	96,800	0	0
WisdomTree Investments Inc.	COM	97717P104	25,090	1,601,894	SH		SOLE	NONE	1,601,894	0	0
Xplore Technologies Corporation	COM	983950700	1	92	SH		SOLE	NONE	92	0	0
Xylem Inc.	COM	98419M100	1,046	27,500	SH		SOLE	NONE	27,500	0	0
YY Inc. ADR	ADR	98426T106	990	15,900	SH		SOLE	NONE	318,000	0	0
Yamana Gold Inc.	COM	98462Y100	2,970	735,801	SH		SOLE	NONE	735,801	0	0
Zimmer Holdings Inc.	COM	98956P102	476	4,200	SH		SOLE	NONE	4,200	0	0
Zoetis Inc.	COM	98978V103	9	200	SH		SOLE	NONE	200	0	0
eBay Inc.	COM	278642103	15,454	275,700	SH		SOLE	NONE	275,700	0	0
iShares Core S&P 500 ETF	ETF	464287200	17,463	84,500	SH		SOLE	NONE	84,500	0	0
iShares Global Timber & Forestry ETF	ETF	464288174	2,078	39,300	SH		SOLE	NONE	39,300	0	0
iShares Gold Trust ETF	ETF	464285105	4,444	388,900	SH		SOLE	NONE	388,900	0	0
iShares International Developed Real Estate ETF	ETF	464288489	3,139	104,600	SH		SOLE	NONE	104,600	0	0
iShares JP Morgan USD Emerging Markets Bond ETF	ETF	464288281	7	60	SH		SOLE	NONE	60	0	0
iShares MSCI Australia Index ETF	ETF	464286103	7,556	341,215	SH		SOLE	NONE	341,215	0	0
iShares MSCI China ETF	ETF	46429B671	61,208	1,219,534	SH		SOLE	NONE	1,219,534	0	0
iShares MSCI EAFE ETF	ETF	464287465	7,462	122,792	SH		SOLE	NONE	122,792	0	0
iShares MSCI France ETF	ETF	464286707	6,273	254,655	SH		SOLE	NONE	254,655	0	0
iShares MSCI India ETF	ETF	46429B598	40,951	1,360,964	SH		SOLE	NONE	1,360,964	0	0
iShares MSCI Japan ETF	ETF	464286848	49,162	4,377,288	SH		SOLE	NONE	4,377,288	0	0
iShares MSCI Netherlands ETF	ETF	464286814	41,327	1,730,103	SH		SOLE	NONE	1,730,103	0	0
iShares Russell Mid-Cap ETF	ETF	464287499	7,458	44,700	SH		SOLE	NONE	44,700	0	0
iShares S&P Global Materials Sector Index Fund	ETF	464288695	28	500	SH		SOLE	NONE	500	0	0
salesforce.com Inc.	COM	79466L302	49,356	832,663	SH		SOLE	NONE	832,663	0	0