| 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 |
| Acuity Brands Inc. | COM | 00508Y102 | 7,742 | 58,400 | SH | | SOLE | NONE | 58,400 | 0 | 0 |
| Agnico Eagle Mines Ltd. | COM | 008474108 | 39 | 1,300 | SH | | SOLE | NONE | 1,300 | 0 | 0 |
| America Movil SAB de CV 'L' ADR | ADR | 02364W105 | 9,405 | 473,106 | SH | | SOLE | NONE | 473,106 | 0 | 0 |
| Anadarko Petroleum Corporation | COM | 032511107 | 127 | 1,500 | SH | | SOLE | NONE | 1,500 | 0 | 0 |
| AngloGold Ashanti Ltd. ADR | ADR | 035128206 | 46 | 2,700 | SH | | SOLE | NONE | 2,700 | 0 | 0 |
| Annie's Inc | COM | 03600T104 | 406 | 10,100 | SH | | SOLE | NONE | 10,100 | 0 | 0 |
| B2Gold Corporation | COM | 11777Q209 | 49 | 18,100 | SH | | SOLE | NONE | 18,100 | 0 | 0 |
| Barrick Gold Corporation | COM | 067901108 | 27 | 1,500 | SH | | SOLE | NONE | 1,500 | 0 | 0 |
| Boulder Brands Inc. | COM | 101405108 | 4,345 | 246,600 | SH | | SOLE | NONE | 246,600 | 0 | 0 |
| Brookfield Renewable Energy Partners LP | LTD PART | G16258108 | 2,727 | 93,400 | SH | | SOLE | NONE | 93,400 | 0 | 0 |
| CLARCOR Inc. | COM | 179895107 | 5,121 | 89,300 | SH | | SOLE | NONE | 89,300 | 0 | 0 |
| Cameco Corporation | COM | 13321L108 | 211 | 9,194 | SH | | SOLE | NONE | 9,194 | 0 | 0 |
| Cameron International Corporation | COM | 13342B105 | 148 | 2,400 | SH | | SOLE | NONE | 2,400 | 0 | 0 |
| Canadian Natural Resources Ltd. | COM | 136385101 | 357 | 9,300 | SH | | SOLE | NONE | 9,300 | 0 | 0 |
| Chevron Corporation | COM | 166764100 | 143 | 1,200 | SH | | SOLE | NONE | 1,200 | 0 | 0 |
| Cimarex Energy Company | COM | 171798101 | 262 | 2,200 | SH | | SOLE | NONE | 2,200 | 0 | 0 |
| Continental Resources Inc. | COM | 212015101 | 211 | 1,700 | SH | | SOLE | NONE | 1,700 | 0 | 0 |
| Credicorp Limited | COM | G2519Y108 | 22,621 | 164,016 | SH | | SOLE | NONE | 164,016 | 0 | 0 |
| Cree Inc. | COM | 225447101 | 4,497 | 79,500 | SH | | SOLE | NONE | 79,500 | 0 | 0 |
| Cummins Inc. | COM | 231021106 | 9,386 | 63,000 | SH | | SOLE | NONE | 63,000 | 0 | 0 |
| Devon Energy Corporation | COM | 25179M103 | 154 | 2,300 | SH | | SOLE | NONE | 2,300 | 0 | 0 |
| EOG Resources Inc. | COM | 26875P101 | 373 | 1,900 | SH | | SOLE | NONE | 1,900 | 0 | 0 |
| Ecolab Inc. | COM | 278865100 | 238 | 2,200 | SH | | SOLE | NONE | 2,200 | 0 | 0 |
| Eldorado Gold Corporation | COM | 284902103 | 6,394 | 1,148,797 | SH | | SOLE | NONE | 1,148,797 | 0 | 0 |
| Enbridge Inc. | COM | 29250N105 | 95 | 2,100 | SH | | SOLE | NONE | 2,100 | 0 | 0 |
| Encana Corporation | COM | 292505104 | 351 | 16,434 | SH | | SOLE | NONE | 16,434 | 0 | 0 |
| EnerNOC Inc. | COM | 292764107 | 1,464 | 65,700 | SH | | SOLE | NONE | 65,700 | 0 | 0 |
| Enersis SA ADR | ADR | 29274F104 | 9,383 | 604,190 | SH | | SOLE | NONE | 604,190 | 0 | 0 |
| Exxon Mobil Corporation | COM | 30231G102 | 322 | 3,300 | SH | | SOLE | NONE | 3,300 | 0 | 0 |
| Fomento Economico Mexicano SAB de CV ADR | ADR | 344419106 | 12,936 | 138,742 | SH | | SOLE | NONE | 138,742 | 0 | 0 |
| Freeport-McMoRan Copper & Gold Inc. | COM | 35671D857 | 334 | 10,090 | SH | | SOLE | NONE | 10,090 | 0 | 0 |
| GT Advanced Technologies Inc | COM | 36191U106 | 3,037 | 178,100 | SH | | SOLE | NONE | 178,100 | 0 | 0 |
| Goldcorp Inc. | COM | 380956409 | 81 | 3,300 | SH | | SOLE | NONE | 3,300 | 0 | 0 |
| Halliburton Company | COM | 406216101 | 200 | 3,389 | SH | | SOLE | NONE | 3,389 | 0 | 0 |
| Hannon Armstrong Sustainable Infrastructure Capital Inc. | REIT | 41068X100 | 1,304 | 90,900 | SH | | SOLE | NONE | 90,900 | 0 | 0 |
| HudBay Minerals Inc. | COM | 443628102 | 59 | 7,500 | SH | | SOLE | NONE | 7,500 | 0 | 0 |
| Imperial Oil Limited | COM | 453038408 | 200 | 4,300 | SH | | SOLE | NONE | 4,300 | 0 | 0 |
| Johnson Controls Inc. | COM | 478366107 | 7,917 | 167,300 | SH | | SOLE | NONE | 167,300 | 0 | 0 |
| LyondellBasell Industries NV 'A' | COM | N53745100 | 329 | 3,700 | SH | | SOLE | NONE | 3,700 | 0 | 0 |
| MasTec Inc. | COM | 576323109 | 6,861 | 157,948 | SH | | SOLE | NONE | 157,948 | 0 | 0 |
| Molycorp Inc. | COM | 608753109 | 22 | 4,703 | SH | | SOLE | NONE | 4,703 | 0 | 0 |
| Monsanto Company | COM | 61166W101 | 193 | 1,700 | SH | | SOLE | NONE | 1,700 | 0 | 0 |
| Mueller Water Products Inc. 'A' | COM | 624758108 | 1,315 | 138,400 | SH | | SOLE | NONE | 138,400 | 0 | 0 |
| Noble Corp. PLC | COM | G65431101 | 131 | 4,000 | SH | | SOLE | NONE | 4,000 | 0 | 0 |
| Noble Energy Inc. | COM | 655044105 | 178 | 2,500 | SH | | SOLE | NONE | 2,500 | 0 | 0 |
| Oasis Petroleum Inc. | COM | 674215108 | 159 | 3,800 | SH | | SOLE | NONE | 3,800 | 0 | 0 |
| Occidental Petroleum Corporation | COM | 674599105 | 223 | 2,335 | SH | | SOLE | NONE | 2,335 | 0 | 0 |
| Pall Corporation | COM | 696429307 | 8,634 | 96,500 | SH | | SOLE | NONE | 96,500 | 0 | 0 |
| Pattern Energy Group Inc. | COM | 70338P100 | 4,949 | 182,400 | SH | | SOLE | NONE | 182,400 | 0 | 0 |
| Peabody Energy Corp. | COM | 704549104 | 62 | 3,806 | SH | | SOLE | NONE | 3,806 | 0 | 0 |
| Pentair Ltd-Registered | COM | H6169Q108 | 10,457 | 131,800 | SH | | SOLE | NONE | 131,800 | 0 | 0 |
| Polypore International Inc. | COM | 73179V103 | 2,470 | 72,200 | SH | | SOLE | NONE | 72,200 | 0 | 0 |
| Praxair Inc. | COM | 74005P104 | 9,901 | 75,600 | SH | | SOLE | NONE | 75,600 | 0 | 0 |
| Quanta Services Inc. | COM | 74762E102 | 8,981 | 243,400 | SH | | SOLE | NONE | 243,400 | 0 | 0 |
| Randgold Resources Limited ADR | ADR | 752344309 | 11,979 | 159,718 | SH | | SOLE | NONE | 159,718 | 0 | 0 |
| Rock-Tenn Company 'A' | COM | 772739207 | 201 | 1,900 | SH | | SOLE | NONE | 1,900 | 0 | 0 |
| Royal Dutch Shell PLC 'A' ADR | ADR | 780259206 | 80 | 1,100 | SH | | SOLE | NONE | 1,100 | 0 | 0 |
| Royal Gold Inc. | COM | 780287108 | 132 | 2,100 | SH | | SOLE | NONE | 2,100 | 0 | 0 |
| Rubicon Technology Inc. | COM | 78112T107 | 2,497 | 221,200 | SH | | SOLE | NONE | 221,200 | 0 | 0 |
| Schlumberger Limited | COM | 806857108 | 254 | 2,600 | SH | | SOLE | NONE | 2,600 | 0 | 0 |
| Silver Wheaton Corporation | COM | 828336107 | 57 | 2,500 | SH | | SOLE | NONE | 2,500 | 0 | 0 |
| Southern Copper Corporation | COM | 84265V105 | 547 | 18,794 | SH | | SOLE | NONE | 18,794 | 0 | 0 |
| Suncor Energy Inc. | COM | 867224107 | 489 | 14,000 | SH | | SOLE | NONE | 14,000 | 0 | 0 |
| Superior Energy Services Inc. | COM | 868157108 | 363 | 11,800 | SH | | SOLE | NONE | 11,800 | 0 | 0 |
| Taiwan Semiconductor Manufacturing Company Limited ADR | ADR | 874039100 | 1,301 | 64,992 | SH | | SOLE | NONE | 64,992 | 0 | 0 |
| Teck Resources Limited 'B' | COM | 878742204 | 138 | 6,400 | SH | | SOLE | NONE | 6,400 | 0 | 0 |
| Tenaris SA ADR | ADR | 88031M109 | 19,444 | 439,412 | SH | | SOLE | NONE | 439,412 | 0 | 0 |
| Tesla Motors Inc. | COM | 88160R101 | 1,272 | 6,100 | SH | | SOLE | NONE | 6,100 | 0 | 0 |
| Teva Pharmaceutical Industries Limited ADR | ADR | 881624209 | 7,824 | 148,068 | SH | | SOLE | NONE | 148,068 | 0 | 0 |
| Thermo Fisher Scientific Inc. | COM | 883556102 | 9,078 | 75,500 | SH | | SOLE | NONE | 75,500 | 0 | 0 |
| Trimble Navigation Limited | COM | 896239100 | 9,033 | 232,400 | SH | | SOLE | NONE | 232,400 | 0 | 0 |
| United Natural Foods Inc. | COM | 911163103 | 5,844 | 82,400 | SH | | SOLE | NONE | 82,400 | 0 | 0 |
| Vale SA ADR | ADR | 91912E105 | 5,044 | 364,745 | SH | | SOLE | NONE | 364,745 | 0 | 0 |
| Valero Energy Corporation | COM | 91913Y100 | 138 | 2,600 | SH | | SOLE | NONE | 2,600 | 0 | 0 |
| Valmont Industries Inc. | COM | 920253101 | 729 | 4,900 | SH | | SOLE | NONE | 4,900 | 0 | 0 |
| Whiting Petroleum Corporation | COM | 966387102 | 396 | 5,700 | SH | | SOLE | NONE | 5,700 | 0 | 0 |
| Whole Foods Market Inc. | COM | 966837106 | 3,717 | 73,300 | SH | | SOLE | NONE | 73,300 | 0 | 0 |
| Xylem Inc. | COM | 98419M100 | 9,433 | 259,000 | SH | | SOLE | NONE | 259,000 | 0 | 0 |
