UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-06094
Aberdeen Latin America Equity Fund, Inc.
(Exact name of registrant as specified in charter)
1735 Market Street, 32nd Floor
Philadelphia, PA 19103
(Address of principal executive offices) (Zip code)
Lucia Sitar, Esq.
c/o Aberdeen Asset Management Inc
1735 Market Street, 32nd Floor
Philadelphia, PA 19103
(Name and address of agent for service)
Registrant’s telephone number, including area code: (866) 839-5205
Date of fiscal year end: December 31st
Date of reporting period: July 1, 2013 – June 30, 2014
Item 1. Proxy Voting Record
PROXY VOTING RECORD
FOR PERIOD JULY 1, 2013 TO JUNE 30, 2014
Shares |
| Company Name |
| Ticker |
| Primary |
| Meeting |
| Meeting Type |
| Ballot Status |
| Votable |
| Proponent |
| Proposal |
| Proposal Text |
| Management |
| Vote |
| Voter Rationale |
1,901,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 3-Jul-13 |
| Special |
| Confirmed |
| 1,901,000 |
| Management |
| 1 |
| Approve Increase in Variable Portion of Capital via Issuance of Shares without Preemptive Rights |
| For |
| For |
|
|
1,901,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 3-Jul-13 |
| Special |
| Confirmed |
| 1,901,000 |
| Management |
| 2 |
| Approve Public Offering of Shares in Mexico, the United States and Other Markets |
| For |
| For |
|
|
1,901,000 |
| Grupo Financiero Banorte SAB de CV |
| GFNORTEO |
| P49501201 |
| 3-Jul-13 |
| Special |
| Confirmed |
| 1,901,000 |
| Management |
| 3 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
301,394 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
|
|
| 15-Jul-13 |
| Special |
| Confirmed |
| 301,394 |
| Management |
| 1 |
| Approve Increase in Board Size from 8 to 10 Members |
| For |
| For |
|
|
301,394 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
| P3782F107 |
| 15-Jul-13 |
| Special |
| Confirmed |
| 301,394 |
| Management |
| 2 |
| Establish the Terms for the Election of Board Chairman and Vice-Chairman |
| For |
| For |
|
|
301,394 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
| P3782F107 |
| 15-Jul-13 |
| Special |
| Confirmed |
| 301,394 |
| Management |
| 3 |
| Amend Articles 13, 18, and 21 |
| For |
| For |
|
|
301,394 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
| P3782F107 |
| 15-Jul-13 |
| Special |
| Confirmed |
| 301,394 |
| Management |
| 4 |
| Amend Articles to Reflect Changes in Capital |
| For |
| For |
|
|
301,394 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
| P3782F107 |
| 15-Jul-13 |
| Special |
| Confirmed |
| 301,394 |
| Management |
| 5 |
| Fix Number of Directors |
| For |
| For |
|
|
301,394 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
| P3782F107 |
| 15-Jul-13 |
| Special |
| Confirmed |
| 301,394 |
| Management |
| 6 |
| Accept Director Resignations |
| For |
| For |
|
|
301,394 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
| P3782F107 |
| 15-Jul-13 |
| Special |
| Confirmed |
| 301,394 |
| Management |
| 7.1 |
| Elect Carolina Valle de Andrade Faria as Director |
| For |
| For |
|
|
301,394 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
| P3782F107 |
| 15-Jul-13 |
| Special |
| Confirmed |
| 301,394 |
| Management |
| 7.2 |
| Elect Welerson Cavalieri as Director |
| For |
| For |
|
|
301,394 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
| P3782F107 |
| 15-Jul-13 |
| Special |
| Confirmed |
| 301,394 |
| Management |
| 7.3 |
| Elect Juliana Rozenbaum as Director |
| For |
| For |
|
|
301,394 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
| P3782F107 |
| 15-Jul-13 |
| Special |
| Confirmed |
| 301,394 |
| Management |
| 7.4 |
| Elect Fabio Hering as Director |
| For |
| For |
|
|
301,394 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
| P3782F107 |
| 15-Jul-13 |
| Special |
| Confirmed |
| 301,394 |
| Management |
| 7.5 |
| Elect Rodrigo Calvo Galindo as Director |
| For |
| For |
|
|
301,394 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
| P3782F107 |
| 15-Jul-13 |
| Special |
| Confirmed |
| 301,394 |
| Management |
| 7.6 |
| Elect Claudia Elisa de Pinho Soares as Director |
| For |
| For |
|
|
301,394 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
| P3782F107 |
| 15-Jul-13 |
| Special |
| Confirmed |
| 301,394 |
| Management |
| 8 |
| Elect Board Chairman and Vice-Chairman |
| For |
| For |
|
|
301,394 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
| P3782F107 |
| 15-Jul-13 |
| Special |
| Confirmed |
| 301,394 |
| Management |
| 9 |
| Amend Remuneration of Company’s Management |
| For |
| For |
|
|
339,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 30-Jul-13 |
| Special |
| Confirmed |
| 339,000 |
| Management |
| 1 |
| Elect Director |
| For |
| For |
|
|
255,366 |
| Companhia de Bebidas Das Americas - AMBEV |
| ABEV3 |
| P0273S127 |
| 30-Jul-13 |
| Special |
| Confirmed |
| 255,366 |
| Management |
| 1 |
| Approve Company’s Reorganization Plan and Stock Swap Merger |
| For |
| For |
|
|
255,366 |
| Companhia de Bebidas Das Americas - AMBEV |
| ABEV3 |
| P0273S127 |
| 30-Jul-13 |
| Special |
| Confirmed |
| 255,366 |
| Management |
| 2 |
| Amend Articles to Reflect Changes in Capital |
| For |
| For |
|
|
255,366 |
| Companhia de Bebidas Das Americas - AMBEV |
| ABEV3 |
| P0273S127 |
| 30-Jul-13 |
| Special |
| Confirmed |
| 255,366 |
| Management |
| 3 |
| Approve Cancellation of Treasury Shares |
| For |
| For |
|
|
255,366 |
| Companhia de Bebidas Das Americas - AMBEV |
| ABEV3 |
| P0273S127 |
| 30-Jul-13 |
| Special |
| Confirmed |
| 255,366 |
| Management |
| 4 |
| Consolidate Bylaws |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 2-Aug-13 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 1 |
| Appoint Independent Firm to Appraise Proposed Transaction |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 2-Aug-13 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 2 |
| Approve Independent Firm’s Appraisal |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 2-Aug-13 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 3 |
| Approve Acquisition Agreement between the Company and Localiza JF Aluguel de Carros Ltda. |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A |
| RENT3 |
| P6330Z111 |
| 2-Aug-13 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 4 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
77,000 |
| SACI Falabella |
| FALABELLA |
| P3880F108 |
| 27-Aug-13 |
| Special |
| Confirmed |
| 77,000 |
| Management |
| 1 |
| Authorize Share Repurchase Program in Accordance with Article 27 of Law No. 18.046 for Compensation Plan |
| For |
| Against |
| The company is submitting to shareholders approval a buy back program of up to 18m shares (0.75 percent of total shares) which is expected to be used to a new stock option plan. Although the amount involved in the buyback is limited, no further information was provided with regards to the features of the stock option plan mentioned. The IR contacted us by telephone stating that they were unable to provide additional information in advance as the details will be at the board discretion. It was also not clear if the stock option plan will be subject to a separate EGM in the future so the proposal has also bundled characteristics, which prevents us from supporting. |
77,000 |
| SACI Falabella |
| FALABELLA |
| P3880F108 |
| 27-Aug-13 |
| Special |
| Confirmed |
| 77,000 |
| Management |
| 2 |
| Set Aggregate Nominal Amount, Objective and Duration of Share Repurchase Program |
| For |
| Against |
| The company is submitting to shareholders approval a buy back program of up to 18m shares (0.75 percent of total shares) which is expected to be used to a new stock option plan. Although the amount involved in the buyback is limited, no further information was provided with regards to the features of the stock option plan mentioned. The IR contacted us by telephone stating that they were unable to provide additional information in advance as the details will be at the board discretion. It was also not clear if the stock option plan will be subject to a separate EGM in the future so the proposal has also bundled characteristics, which prevents us from supporting. |
77,000 |
| SACI Falabella |
| FALABELLA |
| P3880F108 |
| 27-Aug-13 |
| Special |
| Confirmed |
| 77,000 |
| Management |
| 3 |
| Authorize Board to Set Price of Shares Repurchase Program |
| For |
| Against |
| The company is submitting to shareholders approval a buy back program of up to 18m shares (0.75 percent of total shares) which is expected to be used to a new stock option plan. Although the amount involved in the buyback is limited, no further information was provided with regards to the features of the stock option plan mentioned. The IR contacted us by telephone stating that they were unable to provide additional information in advance as the details will be at the board discretion. It was also not clear if the stock option plan will be subject to a separate EGM in the future so the proposal has also bundled characteristics, which prevents us from supporting. |
77,000 |
| SACI Falabella |
| FALABELLA |
| P3880F108 |
| 27-Aug-13 |
| Special |
| Confirmed |
| 77,000 |
| Management |
| 4 |
| Adopt All Necessary Agreements to Execute Approved Resolutions |
| For |
| Against |
| The company is submitting to shareholders approval a buy back program of up to 18m shares (0.75 percent of total shares) which is expected to be used to a new stock option plan. Although the amount involved in the buyback is limited, no further information was provided with regards to the features of the stock option plan mentioned. The IR contacted us by telephone stating that they were unable to provide additional information in advance as the details will be at the board discretion. It was also not clear if the stock option plan will be subject to a separate EGM in the future so the proposal has also bundled characteristics, which prevents us from supporting. |
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 30-Sep-13 |
| Special |
| Confirmed |
| 46,000 |
| Management |
| 1 |
| Approve Sale of Innova SA |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 30-Sep-13 |
| Special |
| Confirmed |
| 46,000 |
| Management |
| 2 |
| Approve Absorption of Comperj Participacoes S.A. (COMPERJPAR) |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 30-Sep-13 |
| Special |
| Confirmed |
| 46,000 |
| Management |
| 3 |
| Approve Absorption of Comperj Estirenicos S.A. (EST) |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 30-Sep-13 |
| Special |
| Confirmed |
| 46,000 |
| Management |
| 4 |
| Approve Absorption of Comperj Meg S.A.(MEG) |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 30-Sep-13 |
| Special |
| Confirmed |
| 46,000 |
| Management |
| 5 |
| Approve Absorption of Comperj Poliolefinas S.A.(POL) |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 30-Sep-13 |
| Special |
| Confirmed |
| 46,000 |
| Management |
| 6 |
| Approve Absorption of SFE - Sociedade Fluminense de Energia Ltda. (SFE) |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 30-Sep-13 |
| Special |
| Confirmed |
| 46,000 |
| Management |
| 7 |
| Waive Petrobras’ Preemptive Rights to Subscribe Convertible Debentures to be Issued by Sete Brasil Participacoes SA |
| For |
| For |
|
|
1,937,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 14-Oct-13 |
| Special |
| Confirmed |
| 1,937,097 |
| Management |
| 1 |
| Approve Dividends of MXN 0.7852 Per Share |
| For |
| For |
|
|
1,937,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 14-Oct-13 |
| Special |
| Confirmed |
| 1,937,097 |
| Management |
| 2 |
| Receive Board’s Report on Public Offering of Shares and Capital Increase |
|
|
|
|
|
|
1,937,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 14-Oct-13 |
| Special |
| Confirmed |
| 1,937,097 |
| Management |
| 3 |
| Receive External Auditor’s Report on Fiscal Obligations |
|
|
|
|
|
|
1,937,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 14-Oct-13 |
| Special |
| Confirmed |
| 1,937,097 |
| Management |
| 4 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 23-Oct-13 |
| Special |
| Confirmed |
| 692,000 |
| Management |
| a |
| Authorize Increase in Capital via Share Issuance in the Amount of CLP 115 Billion |
| For |
| For |
|
|
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 23-Oct-13 |
| Special |
| Confirmed |
| 692,000 |
| Management |
| b |
| Approve Allocation of 10 Percent of Capital Increase for Compensation Plan |
| For |
| Against |
| Mgmt failed to provide the details regarding the key features of the stock-option plan, and proposal gives discretion to the board, so we are unable to assess the characteristics of the stock-option plan ahead of the EGM. IR provided additional information by e-mail but still insufficient to change conclusion. |
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 23-Oct-13 |
| Special |
| Confirmed |
| 692,000 |
| Management |
| c |
| Amend Articles to Reflect Changes in Capital |
| For |
| Against |
| Mgmt failed to disclose the proposed amendments ahead of the meeting. |
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 23-Oct-13 |
| Special |
| Confirmed |
| 692,000 |
| Management |
| d |
| Approve Subscription of Shares in Connection with Company’s Capital Increase |
| For |
| For |
|
|
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 23-Oct-13 |
| Special |
| Confirmed |
| 692,000 |
| Management |
| e |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 5-Dec-13 |
| Special |
| Confirmed |
| 25,113,969 |
| Management |
| 1 |
| Approve Offer by Banco Santander SA to Acquire Shares of Company Subsidiary Santander Asset Management SA Administradora General de Fondos (SAM); Approve Service Contract between Company and SAM |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 5-Dec-13 |
| Special |
| Confirmed |
| 25,113,969 |
| Management |
| 2 |
| Receive Report Regarding Related-Party Transactions |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 5-Dec-13 |
| Special |
| Confirmed |
| 25,113,969 |
| Management |
| 3 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
104,402 |
| Fomento Economico Mexicano S.A.B. de C.V. FEMSA |
| FEMSAUBD |
| P4182H115 |
| 6-Dec-13 |
| Special |
| Confirmed |
| 104,402 |
| Management |
| 1 |
| Approve Dividends of MXN 0.33 per Class B Share, MXN 0.42 per Class D Share, MXN 1.67 per B Unit and MXN 2 per BD Unit |
| For |
| For |
|
|
104,402 |
| Fomento Economico Mexicano S.A.B. de C.V. FEMSA |
| FEMSAUBD |
| P4182H115 |
| 6-Dec-13 |
| Special |
| Confirmed |
| 104,402 |
| Management |
| 2 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 16-Dec-13 |
| Special |
| Confirmed |
| 46,000 |
| Management |
| 1 |
| Approve Absorption of Refinaria Abreu e Lima S.A. (RNEST) |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 16-Dec-13 |
| Special |
| Confirmed |
| 46,000 |
| Management |
| 2 |
| Approve Absorption of Companhia de Recuperacao Secundaria (CRSec) |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 16-Dec-13 |
| Special |
| Confirmed |
| 46,000 |
| Management |
| 3 |
| Approve Partial Spin-Off of Petrobras International Finance Company S.A. (PIIFCO) |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Dec-13 |
| Special |
| Confirmed |
| 268,000 |
| Management |
| 1 |
| Open Meeting/Verify Quorum |
|
|
|
|
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Dec-13 |
| Special |
| Confirmed |
| 268,000 |
| Management |
| 2 |
| Approve Meeting Agenda/Notice |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Dec-13 |
| Special |
| Confirmed |
| 268,000 |
| Management |
| 3 |
| Elect Meeting Approval Committee |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Dec-13 |
| Special |
| Confirmed |
| 268,000 |
| Management |
| 4 |
| Approve Dematerialization of the Issued and Outstanding Common Shares and Preferred Shares of Bancolombia SA |
| For |
| For |
|
|
51,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 19-Dec-13 |
| Special |
| Confirmed |
| 51,134 |
| Management |
| 1 |
| Approve Extraordinary Dividends of MXN 4.40 per Class B and BB Shares |
| For |
| For |
|
|
1,937,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 20-Dec-13 |
| Special |
| Confirmed |
| 1,937,097 |
| Management |
| 1 |
| Amend Resolution Related to Dividend Payment Dates of Jan. 23, 2014 and April 23, 2014 as Approved at Oct. 14, 2013 Ordinary Shareholder Meeting |
| For |
| For |
|
|
1,937,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 20-Dec-13 |
| Special |
| Confirmed |
| 1,937,097 |
| Management |
| 2 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 1 |
| Approve Agreement to Absorb Companhia de Bebidas das Americas - Ambev |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 2 |
| Appoint Independent Firm to Appraise Proposed Transaction |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 3 |
| Approve Independent Firm’s Appraisal |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 4 |
| Approve Absorption of Companhia de Bebidas das Americas - Ambev |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 5 |
| Approve Acquisition Agreement between the Company and Ambev Brasil Bebidas S.A. (Ambev Brasil) |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 6 |
| Appoint Independent Firm to Appraise Proposed Transaction |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 7 |
| Approve Independent Firm’s Appraisal |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 8 |
| Approve Acquisition of Ambev Brasil and Issuance of Shares in Connection with Acquisition |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 9 |
| Amend Article 5 to Reflect Changes in Capital |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 10 |
| Amend Corporate Purpose |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 11 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 12.1 |
| Elect Victorio Carlos de Marchi as Director |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 12.2 |
| Elect Carlos Alves de Brito as Director |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 12.3 |
| Elect Marcel Hermann Telles as Director |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 12.4 |
| Elect Jose Heitor Attilio Gracioso as Director |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 12.5 |
| Elect Vicente Falconi Campos as Director |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 12.6 |
| Elect Luis Felipe Pedreira Dutra Leite as Director |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 12.7 |
| Elect Roberto Moses Thompson Motta as Director |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 12.8 |
| Elect Alvaro Antonio Cardoso de Sousa as Director |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 12.9 |
| Elect Paulo Alberto Lemann as Director |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 12.10 |
| Elect Antonio Carlos Augusto Ribeiro Bonchristiano as Director |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 12.11 |
| Elect Marcos de Barros Lisboa as Director |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 12.12 |
| Elect Luiz Fernando Ziegler de Saint Edmond as Alternate Director |
| For |
| For |
|
|
1,276,830 |
| AMBEV SA |
| ABEV3 |
|
|
| 2-Jan-14 |
| Special |
| Rejected - No PoA |
| 1,276,830 |
| Management |
| 13 |
| Consolidate Bylaws |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| BMG968101094 |
| G96810117 |
| 8-Jan-14 |
| Special |
| Rejected - No POA |
| 289,400 |
| Management |
| 1 |
| Approve Stock Option Plan |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| BMG968101094 |
| G96810117 |
| 8-Jan-14 |
| Special |
| Rejected - No POA |
| 289,400 |
| Management |
| 2 |
| Approve Increase in Authorized Capital |
| For |
| For |
|
|
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 27-Jan-14 |
| Special |
| Confirmed |
| 831,000 |
| Management |
| 1 |
| Elect Randal Luiz Zanetti as Director |
| For |
| For |
|
|
431,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 31-Jan-14 |
| Special |
| Confirmed |
| 431,000 |
| Management |
| 1 |
| Approve Merger Agreement between the Company and Imifarma Produtos Farmaceuticos S.A. |
| For |
| For |
|
|
431,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 31-Jan-14 |
| Special |
| Confirmed |
| 431,000 |
| Management |
| 2 |
| Appoint Independent Firm to Appraise Proposed Transaction |
| For |
| For |
|
|
431,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 31-Jan-14 |
| Special |
| Confirmed |
| 431,000 |
| Management |
| 3 |
| Approve Independent Firm’s Appraisal |
| For |
| For |
|
|
431,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 31-Jan-14 |
| Special |
| Confirmed |
| 431,000 |
| Management |
| 4 |
| Approve Issuance of Shares in Connection with Merger |
| For |
| For |
|
|
431,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 31-Jan-14 |
| Special |
| Confirmed |
| 431,000 |
| Management |
| 5 |
| Amend Articles to Reflect Changes in Capital |
| For |
| For |
|
|
431,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 31-Jan-14 |
| Special |
| Confirmed |
| 431,000 |
| Management |
| 6 |
| Approve Issuance of Subscription Warrants in Connection with Merger |
| For |
| For |
|
|
431,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 31-Jan-14 |
| Special |
| Confirmed |
| 431,000 |
| Management |
| 7 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
1,493,970 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 10-Mar-14 |
| Annual |
| Confirmed |
| 1,493,970 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
1,493,970 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 10-Mar-14 |
| Annual |
| Confirmed |
| 1,493,970 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
1,493,970 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 10-Mar-14 |
| Annual |
| Confirmed |
| 1,493,970 |
| Management |
| 3 |
| Elect Directors |
| For |
| Abstain |
| Although we have no issuees with the company they have bundled the election of all candidates into a single voting item. Board also doesn’t have any true independent, as a member of Nivel 1 at Bovespa they aren’t subject to a minimum board independence but ideally we would like to have an independent representation at the board level. |
1,493,970 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 10-Mar-14 |
| Annual |
| Confirmed |
| 1,493,970 |
| Management |
| 4 |
| Elect Fiscal Council Members |
| For |
| Abstain |
| Also a bundled resolution and no independents. |
1,493,970 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 10-Mar-14 |
| Annual |
| Confirmed |
| 1,493,970 |
| Management |
| 5 |
| Approve Remuneration of Company’s Management |
| For |
| Against |
| The proposed global annual remuneration of R$250m + R$250m in pension benefits is same as proposed last year and 2012 however the company failed to comply with CVM rules to disclose the amount of the highest paid executive and board member and we should support CVM in their efforts to improve transparency. Also, Bradesco disclosure is fairly opaque as it includes near 100 individuals which prevent shareholders from having a transparent view of the compensation of top executives. |
1,493,970 |
| Banco Bradesco S.A. |
| BBDC4 |
| P1808G117 |
| 10-Mar-14 |
| Special |
| Confirmed |
| 1,493,970 |
| Management |
| 1 |
| Amend Article 12 |
| For |
| For |
|
|
94,402 |
| Fomento Economico Mexicano S.A.B. de C.V. FEMSA |
| FEMSAUBD |
| P4182H115 |
| 14-Mar-14 |
| Annual |
| Confirmed |
| 94,402 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports |
| For |
| For |
|
|
94,402 |
| Fomento Economico Mexicano S.A.B. de C.V. FEMSA |
| FEMSAUBD |
| P4182H115 |
| 14-Mar-14 |
| Annual |
| Confirmed |
| 94,402 |
| Management |
| 2 |
| Accept Report on Adherence to Fiscal Obligations |
| For |
| For |
|
|
94,402 |
| Fomento Economico Mexicano S.A.B. de C.V. FEMSA |
| FEMSAUBD |
| P4182H115 |
| 14-Mar-14 |
| Annual |
| Confirmed |
| 94,402 |
| Management |
| 3 |
| Approve Allocation of Income |
| For |
| For |
|
|
94,402 |
| Fomento Economico Mexicano S.A.B. de C.V. FEMSA |
| FEMSAUBD |
| P4182H115 |
| 14-Mar-14 |
| Annual |
| Confirmed |
| 94,402 |
| Management |
| 4 |
| Set Aggregate Nominal Share Repurchase Reserve |
| For |
| For |
|
|
94,402 |
| Fomento Economico Mexicano S.A.B. de C.V. FEMSA |
| FEMSAUBD |
| P4182H115 |
| 14-Mar-14 |
| Annual |
| Confirmed |
| 94,402 |
| Management |
| 5 |
| Elect Directors and Secretaries, Verify Independence of Directors, and Approve their Remuneration |
| For |
| Abstain |
| ISS recommend voting in favour but these items bundle together the election of various directors, committees and their respective remuneration. |
94,402 |
| Fomento Economico Mexicano S.A.B. de C.V. FEMSA |
| FEMSAUBD |
| P4182H115 |
| 14-Mar-14 |
| Annual |
| Confirmed |
| 94,402 |
| Management |
| 6 |
| Elect Members and Chairmen of Finance and Planning, Audit, and Corporate Practices Committees; Approve Their Remuneration |
| For |
| Abstain |
| ISS recommend voting in favour but these items bundle together the election of various directors, committees and their respective remuneration. |
94,402 |
| Fomento Economico Mexicano S.A.B. de C.V. FEMSA |
| FEMSAUBD |
| P4182H115 |
| 14-Mar-14 |
| Annual |
| Confirmed |
| 94,402 |
| Management |
| 7 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
94,402 |
| Fomento Economico Mexicano S.A.B. de C.V. FEMSA |
| FEMSAUBD |
| P4182H115 |
| 14-Mar-14 |
| Annual |
| Confirmed |
| 94,402 |
| Management |
| 8 |
| Approve Minutes of Meeting |
| For |
| For |
|
|
156,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 14-Mar-14 |
| Annual |
| Confirmed |
| 156,000 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
156,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 14-Mar-14 |
| Annual |
| Confirmed |
| 156,000 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
156,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 14-Mar-14 |
| Annual |
| Confirmed |
| 156,000 |
| Management |
| 3 |
| Elect Directors |
| For |
| Abstain |
| Good level of independence (6 out of 7 candidates are independent), though the voting item is bundled. We have engaged with the company on this. |
156,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 14-Mar-14 |
| Annual |
| Confirmed |
| 156,000 |
| Management |
| 4 |
| Approve Remuneration of Executive Officers and Non-Executive Directors |
| For |
| For |
|
|
156,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 14-Mar-14 |
| Special |
| Confirmed |
| 156,000 |
| Management |
| 1 |
| Approve Acquisition of W&D Participacoes SA |
| For |
| For |
|
|
156,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 14-Mar-14 |
| Special |
| Confirmed |
| 156,000 |
| Management |
| 2 |
| Approve Acquisition of 60 Percent of PRX Solucoes em Gestao Agroindustrial Ltda and P2RX Solucoes em Software S/S Ltda. |
| For |
| For |
|
|
156,000 |
| TOTVS SA |
| TOTS3 |
| P92184103 |
| 14-Mar-14 |
| Special |
| Confirmed |
| 156,000 |
| Management |
| 3 |
| Approve Acquisition of 70 Percent of Ciashop Solucoes para Comercio Eletronico SA |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Mar-14 |
| Annual |
| Confirmed |
| 268,000 |
| Management |
| 1 |
| Open Meeting/Verify Quorum |
|
|
|
|
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Mar-14 |
| Annual |
| Confirmed |
| 268,000 |
| Management |
| 2 |
| Approve Meeting Agenda/Notice |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Mar-14 |
| Annual |
| Confirmed |
| 268,000 |
| Management |
| 3 |
| Elect Meeting Approval Committee |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Mar-14 |
| Annual |
| Confirmed |
| 268,000 |
| Management |
| 4 |
| Approve Board and Chairman Reports |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Mar-14 |
| Annual |
| Confirmed |
| 268,000 |
| Management |
| 5 |
| Present Individual and Consolidated Financial Statements |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Mar-14 |
| Annual |
| Confirmed |
| 268,000 |
| Management |
| 6 |
| Accept External Auditor’s Report |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Mar-14 |
| Annual |
| Confirmed |
| 268,000 |
| Management |
| 7 |
| Approve Financial Statements and Management Report |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Mar-14 |
| Annual |
| Confirmed |
| 268,000 |
| Management |
| 8 |
| Approve Allocation of Income |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Mar-14 |
| Annual |
| Confirmed |
| 268,000 |
| Management |
| 9 |
| Elect Directors |
| For |
| Abstain |
| The names of the candidates were not disclosed ahead of the meeting and resolution is bundled. |
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Mar-14 |
| Annual |
| Confirmed |
| 268,000 |
| Management |
| 10 |
| Approve Remuneration of Directors |
| For |
| Abstain |
| In line with market practice amounts were not disclosed ahead of the meeting. |
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Mar-14 |
| Annual |
| Confirmed |
| 268,000 |
| Management |
| 11 |
| Appoint Auditors for Period 2014-2016 |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Mar-14 |
| Annual |
| Confirmed |
| 268,000 |
| Management |
| 12 |
| Authorize Board to Fix Remuneration of Auditor |
| For |
| For |
|
|
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Mar-14 |
| Annual |
| Confirmed |
| 268,000 |
| Management |
| 13 |
| Approve Donations |
| For |
| Against |
| In absence of disclosure of amounts involved ahead of the meeting we are unable to assess the impact of the decision, therefore this item does not merit our support. |
268,000 |
| Bancolombia SA |
| PFBCOLOM |
|
|
| 17-Mar-14 |
| Annual |
| Confirmed |
| 268,000 |
| Management |
| 14 |
| Other Business (Voting) |
| For |
| Against |
| In line with market practices this is an open item for matters that may be raised during the meeting. Given the open nature of this item investors voting via proxy are not able to assess the impact of the decision and therefore the best action is to vote against. |
338,000 |
| Souza Cruz S.A. |
| CRUZ3 |
| P26663107 |
| 19-Mar-14 |
| Annual |
| Confirmed |
| 338,000 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
338,000 |
| Souza Cruz S.A. |
| CRUZ3 |
| P26663107 |
| 19-Mar-14 |
| Annual |
| Confirmed |
| 338,000 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
338,000 |
| Souza Cruz S.A. |
| CRUZ3 |
| P26663107 |
| 19-Mar-14 |
| Annual |
| Confirmed |
| 338,000 |
| Management |
| 3 |
| Elect Directors |
| For |
| For |
|
|
338,000 |
| Souza Cruz S.A. |
| CRUZ3 |
| P26663107 |
| 19-Mar-14 |
| Annual |
| Confirmed |
| 338,000 |
| Management |
| 4 |
| Approve Remuneration of Executive Officers and Non-Executive Directors |
| For |
| For |
|
|
338,000 |
| Souza Cruz S.A. |
| CRUZ3 |
| P26663107 |
| 19-Mar-14 |
| Annual |
| Confirmed |
| 338,000 |
| Management |
| 5 |
| Install Fiscal Council |
| For |
| For |
|
|
338,000 |
| Souza Cruz S.A. |
| CRUZ3 |
| P26663107 |
| 19-Mar-14 |
| Annual |
| Confirmed |
| 338,000 |
| Management |
| 6 |
| Elect Fiscal Council Members and Approve their Remuneration |
| For |
| Abstain |
| Resolution is bundled and we are not aware of the candidate that will be appointed by minority shareholders at the AGM so it is best to abstain. |
338,000 |
| Souza Cruz S.A. |
| CRUZ3 |
| P26663107 |
| 19-Mar-14 |
| Special |
| Confirmed |
| 338,000 |
| Management |
| 1 |
| Amend Article 10 |
| For |
| For |
|
|
233,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 20-Mar-14 |
| Annual |
| Confirmed |
| 233,901 |
| Management |
| 1 |
| Verify Quorum |
|
|
|
|
|
|
233,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 20-Mar-14 |
| Annual |
| Confirmed |
| 233,901 |
| Management |
| 2 |
| Approve Meeting Agenda |
| For |
| For |
|
|
233,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 20-Mar-14 |
| Annual |
| Confirmed |
| 233,901 |
| Management |
| 3 |
| Elect Meeting Approval Committee |
| For |
| For |
|
|
233,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 20-Mar-14 |
| Annual |
| Confirmed |
| 233,901 |
| Management |
| 4 |
| Present Board of Directors and Chairman’s Report |
| For |
| For |
|
|
233,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 20-Mar-14 |
| Annual |
| Confirmed |
| 233,901 |
| Management |
| 5 |
| Present Individual and Consolidated Financial Statements and Statutory Reports |
| For |
| For |
|
|
233,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 20-Mar-14 |
| Annual |
| Confirmed |
| 233,901 |
| Management |
| 6 |
| Present Auditor’s Report |
| For |
| For |
|
|
233,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 20-Mar-14 |
| Annual |
| Confirmed |
| 233,901 |
| Management |
| 7 |
| Approve Management Report, Financial Statements and Statutory Reports |
| For |
| For |
|
|
233,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 20-Mar-14 |
| Annual |
| Confirmed |
| 233,901 |
| Management |
| 8 |
| Approve Remuneration of Directors |
| For |
| For |
|
|
233,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 20-Mar-14 |
| Annual |
| Confirmed |
| 233,901 |
| Management |
| 9 |
| Elect Directors |
| For |
| Abstain |
| Name of the candidates were not disclosed prior to the meeting and resolution is bundled. |
233,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 20-Mar-14 |
| Annual |
| Confirmed |
| 233,901 |
| Management |
| 10 |
| Appoint Auditors |
| For |
| For |
|
|
233,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 20-Mar-14 |
| Annual |
| Confirmed |
| 233,901 |
| Management |
| 11.1 |
| Approve Allocation of Income |
| For |
| For |
|
|
233,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 20-Mar-14 |
| Annual |
| Confirmed |
| 233,901 |
| Management |
| 11.2 |
| Approve Donations |
| For |
| Against |
| Although amounts were disclosed ahead of the meeting the nature and rationale of such donations were not informed so we cannot assess the impact of the proposals. |
233,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 20-Mar-14 |
| Annual |
| Confirmed |
| 233,901 |
| Management |
| 11.3 |
| Amend Bylaws |
| For |
| For |
|
|
233,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 20-Mar-14 |
| Annual |
| Confirmed |
| 233,901 |
| Management |
| 11.4 |
| Approve General Meeting Regulations |
| For |
| For |
|
|
233,901 |
| Almacenes Exito S.A. |
| EXITO |
|
|
| 20-Mar-14 |
| Annual |
| Confirmed |
| 233,901 |
| Management |
| 12 |
| Other Business |
| For |
| Against |
| Given the open nature of this item investors voting via proxy are not able to asses the impact of the decision and therefore best action is to vote against. |
1,750,000 |
| Wal-Mart de Mexico S.A.B. de C.V. |
| WALMEXV |
| P98180105 |
| 20-Mar-14 |
| Annual |
| Confirmed |
| 1,750,000 |
| Management |
| 1a |
| Approve Board of Directors’ Report |
| For |
| For |
|
|
1,750,000 |
| Wal-Mart de Mexico S.A.B. de C.V. |
| WALMEXV |
| P98180105 |
| 20-Mar-14 |
| Annual |
| Confirmed |
| 1,750,000 |
| Management |
| 1b |
| Approve CEO’s Reports |
| For |
| For |
|
|
1,750,000 |
| Wal-Mart de Mexico S.A.B. de C.V. |
| WALMEXV |
| P98180105 |
| 20-Mar-14 |
| Annual |
| Confirmed |
| 1,750,000 |
| Management |
| 1c |
| Approve Report of Audit and Corporate Practices Committees |
| For |
| For |
|
|
1,750,000 |
| Wal-Mart de Mexico S.A.B. de C.V. |
| WALMEXV |
| P98180105 |
| 20-Mar-14 |
| Annual |
| Confirmed |
| 1,750,000 |
| Management |
| 1d |
| Approve Report on Adherence to Fiscal Obligations |
| For |
| For |
|
|
1,750,000 |
| Wal-Mart de Mexico S.A.B. de C.V. |
| WALMEXV |
| P98180105 |
| 20-Mar-14 |
| Annual |
| Confirmed |
| 1,750,000 |
| Management |
| 1e |
| Approve Report Re: Employee Stock Purchase Plan |
| For |
| For |
|
|
1,750,000 |
| Wal-Mart de Mexico S.A.B. de C.V. |
| WALMEXV |
| P98180105 |
| 20-Mar-14 |
| Annual |
| Confirmed |
| 1,750,000 |
| Management |
| 1f |
| Approve Report on Share Repurchase Reserves |
| For |
| For |
|
|
1,750,000 |
| Wal-Mart de Mexico S.A.B. de C.V. |
| WALMEXV |
| P98180105 |
| 20-Mar-14 |
| Annual |
| Confirmed |
| 1,750,000 |
| Management |
| 1g |
| Approve Report on Wal-Mart de Mexico Foundation |
| For |
| For |
|
|
1,750,000 |
| Wal-Mart de Mexico S.A.B. de C.V. |
| WALMEXV |
| P98180105 |
| 20-Mar-14 |
| Annual |
| Confirmed |
| 1,750,000 |
| Management |
| 2 |
| Approve Consolidated Financial Statements |
| For |
| For |
|
|
1,750,000 |
| Wal-Mart de Mexico S.A.B. de C.V. |
| WALMEXV |
| P98180105 |
| 20-Mar-14 |
| Annual |
| Confirmed |
| 1,750,000 |
| Management |
| 3 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
1,750,000 |
| Wal-Mart de Mexico S.A.B. de C.V. |
| WALMEXV |
| P98180105 |
| 20-Mar-14 |
| Annual |
| Confirmed |
| 1,750,000 |
| Management |
| 4 |
| Approve Reduction in Share Capital via Cancellation of Treasury Shares |
| For |
| For |
|
|
1,750,000 |
| Wal-Mart de Mexico S.A.B. de C.V. |
| WALMEXV |
| P98180105 |
| 20-Mar-14 |
| Annual |
| Confirmed |
| 1,750,000 |
| Management |
| 5 |
| Elect or Ratify Directors, Chairmen of Audit and Corporate Governance Committees; Approve Their Remuneration |
| For |
| Abstain |
| After engaging with IR to confirm the nominees, ISS has amended its recommendation to support this item (previously recommended voting against). However the proposal bundles together the election of various directors, committees and their respective remuneration. |
1,750,000 |
| Wal-Mart de Mexico S.A.B. de C.V. |
| WALMEXV |
| P98180105 |
| 20-Mar-14 |
| Annual |
| Confirmed |
| 1,750,000 |
| Management |
| 6 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 24-Mar-14 |
| Annual |
| Confirmed |
| 757,563 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 24-Mar-14 |
| Annual |
| Confirmed |
| 757,563 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 24-Mar-14 |
| Annual |
| Confirmed |
| 757,563 |
| Management |
| 3 |
| Approve Remuneration of Company’s Management |
| For |
| Against |
| Despite the modest increase in year to year compensation as compared to the increase seen last year, the absolute amount remains high and the company failed to provide clear metrics used for its option plan which comprises a substantial part of executive remuneration. We are also not supportive of options having been granted at a discount to market price. Whilst not disclosing KPIs for stock option programs and granting options at a discount to market price are uncommon in Brazil, as the local stock exchange they should be setting higher standards. |
11,653,724 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 27-Mar-14 |
| Annual |
| Confirmed |
| 11,653,724 |
| Management |
| 1 |
| Approve Financial Statements and Statutory Reports |
| For |
| For |
|
|
11,653,724 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 27-Mar-14 |
| Annual |
| Confirmed |
| 11,653,724 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends of CLP 3.48 Per Share |
| For |
| For |
|
|
11,653,724 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 27-Mar-14 |
| Annual |
| Confirmed |
| 11,653,724 |
| Management |
| 3 |
| Elect Directors |
| For |
| Abstain |
| Names of the candidates were not disclosed ahead of the meeting and as standard in Chile the resolution is bundled. Having emailed the IR asking further information but according to the law candidates can be proposed until a few days prior to the meeting so no information available yet. |
11,653,724 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 27-Mar-14 |
| Annual |
| Confirmed |
| 11,653,724 |
| Management |
| 4 |
| Approve Remuneration of Directors |
| For |
| Abstain |
| Although amounts paid in 2013 are reasonable and there is no concern with current levels the absence of disclosure ahead of the meeting prevents us from making an informed decision. |
11,653,724 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 27-Mar-14 |
| Annual |
| Confirmed |
| 11,653,724 |
| Management |
| 5 |
| Approve Remuneration and Budget of Directors and Audit Committee |
| For |
| Abstain |
| Although amounts paid in 2013 are reasonable and there is no concern with current levels the absence of disclosure ahead of the meeting prevents us from making an informed decision. |
11,653,724 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 27-Mar-14 |
| Annual |
| Confirmed |
| 11,653,724 |
| Management |
| 6 |
| Appoint Auditors |
| For |
| For |
|
|
11,653,724 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 27-Mar-14 |
| Annual |
| Confirmed |
| 11,653,724 |
| Management |
| 7 |
| Present Directors and Audit Committee’s Report |
|
|
|
|
|
|
11,653,724 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 27-Mar-14 |
| Annual |
| Confirmed |
| 11,653,724 |
| Management |
| 8 |
| Receive Report Regarding Related-Party Transactions |
|
|
|
|
|
|
11,653,724 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 27-Mar-14 |
| Annual |
| Confirmed |
| 11,653,724 |
| Management |
| 9 |
| Transact Other Business (Non-Voting) |
|
|
|
|
|
|
11,653,724 |
| Banco de Chile |
| CHILE |
| P0939W108 |
| 27-Mar-14 |
| Special |
| Confirmed |
| 11,653,724 |
| Management |
| 1 |
| Authorize Increase in Capital via Capitalization of 30 Percent of Distributable Net Income for FY 2013; Amend Articles to Reflect Changes in Capital; Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
99,711 |
| Grana Y Montero SAA |
| GRAMONC1 |
| P4902L107 |
| 28-Mar-14 |
| Annual |
| Confirmed |
| 99,711 |
| Management |
| 1 |
| Approve Annual Corporate Governance Report and Audited Individual and Consolidated Financial Statements for Fiscal Year 2013 |
| For |
| For |
|
|
99,711 |
| Grana Y Montero SAA |
| GRAMONC1 |
| P4902L107 |
| 28-Mar-14 |
| Annual |
| Confirmed |
| 99,711 |
| Management |
| 2 |
| Approve Allocation of Income |
| For |
| For |
|
|
99,711 |
| Grana Y Montero SAA |
| GRAMONC1 |
| P4902L107 |
| 28-Mar-14 |
| Annual |
| Confirmed |
| 99,711 |
| Management |
| 3 |
| Approve Remuneration of Directors |
| For |
| For |
|
|
99,711 |
| Grana Y Montero SAA |
| GRAMONC1 |
| P4902L107 |
| 28-Mar-14 |
| Annual |
| Confirmed |
| 99,711 |
| Management |
| 4 |
| Appoint Auditors |
| For |
| For |
|
|
99,711 |
| Grana Y Montero SAA |
| GRAMONC1 |
| P4902L107 |
| 28-Mar-14 |
| Annual |
| Confirmed |
| 99,711 |
| Management |
| 5.1 |
| Elect José Graña Miró Quesada as Director |
| For |
| For |
|
|
99,711 |
| Grana Y Montero SAA |
| GRAMONC1 |
| P4902L107 |
| 28-Mar-14 |
| Annual |
| Confirmed |
| 99,711 |
| Management |
| 5.2 |
| Elect Carlos Montero Graña as Director |
| For |
| For |
|
|
99,711 |
| Grana Y Montero SAA |
| GRAMONC1 |
| P4902L107 |
| 28-Mar-14 |
| Annual |
| Confirmed |
| 99,711 |
| Management |
| 5.3 |
| Elect Hernando Graña Acuña as Director |
| For |
| For |
|
|
99,711 |
| Grana Y Montero SAA |
| GRAMONC1 |
| P4902L107 |
| 28-Mar-14 |
| Annual |
| Confirmed |
| 99,711 |
| Management |
| 5.4 |
| Elect Mario Alvarado Pflucker as Director |
| For |
| For |
|
|
99,711 |
| Grana Y Montero SAA |
| GRAMONC1 |
| P4902L107 |
| 28-Mar-14 |
| Annual |
| Confirmed |
| 99,711 |
| Management |
| 5.5 |
| Elect José Chlimper Ackerman as Director |
| For |
| For |
|
|
99,711 |
| Grana Y Montero SAA |
| GRAMONC1 |
| P4902L107 |
| 28-Mar-14 |
| Annual |
| Confirmed |
| 99,711 |
| Management |
| 5.6 |
| Elect Hugo Santa Marìa as Director |
| For |
| For |
|
|
99,711 |
| Grana Y Montero SAA |
| GRAMONC1 |
| P4902L107 |
| 28-Mar-14 |
| Annual |
| Confirmed |
| 99,711 |
| Management |
| 5.7 |
| Elect Pedro Pablo Errazuriz as Director |
| For |
| For |
|
|
99,711 |
| Grana Y Montero SAA |
| GRAMONC1 |
| P4902L107 |
| 28-Mar-14 |
| Annual |
| Confirmed |
| 99,711 |
| Management |
| 5.8 |
| Elect Federico Cúneo de la Piedra as Director |
| For |
| For |
|
|
99,711 |
| Grana Y Montero SAA |
| GRAMONC1 |
| P4902L107 |
| 28-Mar-14 |
| Annual |
| Confirmed |
| 99,711 |
| Management |
| 5.9 |
| Elect Mark Hoffmann Rosas as Director |
| For |
| For |
|
|
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 1-Apr-14 |
| Annual |
| Confirmed |
| 831,000 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 1-Apr-14 |
| Annual |
| Confirmed |
| 831,000 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 1-Apr-14 |
| Annual |
| Confirmed |
| 831,000 |
| Management |
| 3 |
| Approve Remuneration of Company’s Management |
| For |
| For |
|
|
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 1-Apr-14 |
| Annual |
| Confirmed |
| 831,000 |
| Management |
| 4 |
| Fix Board Size and Elect Directors |
| For |
| Abstain |
| Company has once again bundled the election. We discussed this issue with the company in 2013 and they said they would look into changing it, but apparently they did not. ISS is recommending to vote against on a relatively low level of independence in the board which does not represent their 45 percent free-float and is not in line with ISS recommended independence level of 35 percent, which I think is a bit harsh given that the company current level of independence (22 percent) is in line with Novo Mercado requirements. |
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 1-Apr-14 |
| Annual |
| Confirmed |
| 831,000 |
| Management |
| 5 |
| Elect Fiscal Council Members |
| For |
| Abstain |
| Company has also bundled the elections for the fiscal council. |
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 1-Apr-14 |
| Special |
| Confirmed |
| 831,000 |
| Management |
| 1 |
| Approve Agreement to Absorb ADCON - Administradora de Convenios Odontologicos Ltda. |
| For |
| For |
|
|
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 1-Apr-14 |
| Special |
| Confirmed |
| 831,000 |
| Management |
| 2 |
| Appoint Independent Firm to Appraise Proposed Transaction |
| For |
| For |
|
|
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 1-Apr-14 |
| Special |
| Confirmed |
| 831,000 |
| Management |
| 3 |
| Approve Independent Firm’s Appraisal |
| For |
| For |
|
|
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 1-Apr-14 |
| Special |
| Confirmed |
| 831,000 |
| Management |
| 4 |
| Approve Absorption of ADCON - Administradora de Convenios Odontologicos Ltda. |
| For |
| For |
|
|
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 1-Apr-14 |
| Special |
| Confirmed |
| 831,000 |
| Management |
| 5 |
| Authorize Executive Committee to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 1-Apr-14 |
| Special |
| Confirmed |
| 831,000 |
| Management |
| 6 |
| Change Location of Company Headquarters |
| For |
| For |
|
|
831,000 |
| Odontoprev S.A. |
| ODPV3 |
| P7344M104 |
| 1-Apr-14 |
| Special |
| Confirmed |
| 831,000 |
| Management |
| 7 |
| Amend Article 19 |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual/Special |
| Confirmed |
| 46,000 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| Against |
| Although this is a fairly standard request we have concerns over the decision to adopt hedge accounting since last year and whether this is in fact the most appropriate accounting method or if this was adopted to artificially improve earnings during a period of fx volatility. |
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual/Special |
| Confirmed |
| 46,000 |
| Management |
| 2 |
| Approve Capital Budget for Upcoming Fiscal Year |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual/Special |
| Confirmed |
| 46,000 |
| Management |
| 3 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual/Special |
| Confirmed |
| 46,000 |
| Management |
| 4.a |
| Elect Directors Appointed by Controlling Shareholder |
| For |
| Abstain |
| Abstain to elect directors appointed by controlling shareholders as we would like to vote for the director appointed by minority ordinary shareholders. |
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual/Special |
| Confirmed |
| 46,000 |
| Share Holder |
| 4.b |
| Elect Mauro Gentile Rodrigues da Cunha as Director Appointed by Minority Ordinary Shareholders |
| None |
| For |
| Vote FOR to elect Mauro Gentile Rodrigues da Cunha as director appointed by minority ordinary holders as he is a true independent with the required knowledge and skills to defend shareholders rights at the board level. |
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual/Special |
| Confirmed |
| 46,000 |
| Management |
| 5 |
| Elect Board Chairman |
| For |
| Against |
| The government has been increasing its influence over the business and over his role of chairman where he has not been paying due regard to the interest of all shareholders of the company including minorities as decisions at the board level have been detrimental to the business. |
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual/Special |
| Confirmed |
| 46,000 |
| Management |
| 6.a |
| Elect Fiscal Council Members Appointed by Controlling Shareholder |
| For |
| Abstain |
| Abstain to elect fiscal council members appointed by controlling shareholders as we would like to vote for the members proposed by minority ordinary shareholders. |
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual/Special |
| Confirmed |
| 46,000 |
| Share Holder |
| 6.b |
| Elect Reginaldo Ferreira Alexandre and Mario Cordeiro Filho (Alternate) as Fiscal Council Members Appointed by Minority Ordinary Shareholders |
| None |
| For |
| Vote FOR to elect Reginaldo Ferreira Alexandre and Mario Cordeiro Filho (as alternate) as fiscal council members appointed by minority ordinary shareholders, they are also true independent members with good knowledge and skills for the position. |
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual/Special |
| Confirmed |
| 46,000 |
| Management |
| 1 |
| Approve Remuneration of Company’s Management |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual/Special |
| Confirmed |
| 46,000 |
| Management |
| 2 |
| Authorize Capitalization of Reserves |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual/Special |
| Confirmed |
| 46,000 |
| Management |
| 3 |
| Approve Absorption of Termoacu S.A. (Termoacu) |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual/Special |
| Confirmed |
| 46,000 |
| Management |
| 4 |
| Approve Absorption of Termoceara Ltda (Termoceara) |
| For |
| For |
|
|
46,000 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual/Special |
| Confirmed |
| 46,000 |
| Management |
| 5 |
| Approve Absorption of Companhia Locadora de Equipamentos Petroliferos (CLEP) |
| For |
| For |
|
|
1,201,433 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual |
| Confirmed |
| 1,201,433 |
| Share Holder |
| 4.b.1 |
| Elect Jose Guimaraes Monforte as Director Nominated by Preferred Shareholders |
| None |
| For |
| Vote FOR to elect Jose Guimaraes Monforte as director nominated by preferred shareholders as he brings greater independence and accountability to shareholders and has the knowledge and skills required for the position. |
1,201,433 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual |
| Confirmed |
| 1,201,433 |
| Share Holder |
| 4.b.2 |
| Elect Jose Gerdau Johannpeter as Director Nominated by Preferred Shareholders |
| None |
| Abstain |
| Abstain on Jose Gerdau Johannpeter or any other candidate. |
1,201,433 |
| Petroleo Brasileiro SA-Petrobras |
| PETR4 |
| P78331140 |
| 2-Apr-14 |
| Annual |
| Confirmed |
| 1,201,433 |
| Share Holder |
| 6.b.1 |
| Elect Walter Luis Bernardes Albertoni and Roberto Lamb (Alternate) as Fiscal Council Members Nominated by Preferred Shareholders |
| None |
| For |
| Vote FOR to re-elect Walter Luis Bernardes Albertoni and Roberto Lamb (alternate) as fiscal council members nominated by pref shareholders. True independent members with good knowledge and skills required for the fiscal council position. |
191,368 |
| BRF SA |
| BRFS3 |
| P1905C100 |
| 3-Apr-14 |
| Annual |
| Approved |
| 191,368 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
191,368 |
| BRF SA |
| BRFS3 |
| P1905C100 |
| 3-Apr-14 |
| Annual |
| Approved |
| 191,368 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
191,368 |
| BRF SA |
| BRFS3 |
| P1905C100 |
| 3-Apr-14 |
| Annual |
| Approved |
| 191,368 |
| Management |
| 3 |
| Elect Fiscal Council Members |
| For |
| For |
|
|
191,368 |
| BRF SA |
| BRFS3 |
| P1905C100 |
| 3-Apr-14 |
| Special |
| Approved |
| 191,368 |
| Management |
| 1 |
| Elect Director |
| For |
| For |
|
|
191,368 |
| BRF SA |
| BRFS3 |
| P1905C100 |
| 3-Apr-14 |
| Special |
| Approved |
| 191,368 |
| Management |
| 2 |
| Approve Remuneration of Company’s Management |
| For |
| For |
|
|
191,368 |
| BRF SA |
| BRFS3 |
| P1905C100 |
| 3-Apr-14 |
| Special |
| Approved |
| 191,368 |
| Management |
| 3 |
| Amend Stock Option Plan |
| For |
| Abstain |
| The company has not provided us with a rationale for the inclusion of three extraordinary grants in the current stock option plan. |
191,368 |
| BRF SA |
| BRFS3 |
| P1905C100 |
| 3-Apr-14 |
| Special |
| Approved |
| 191,368 |
| Management |
| 4 |
| Approve Stock Option Performance Plan |
| For |
| Against |
| The plan lacks clear metrics for measurement of the achievement of goals, and vesting seems too short (minimum 18m / maximum 24m). |
191,368 |
| BRF SA |
| BRFS3 |
| P1905C100 |
| 3-Apr-14 |
| Special |
| Approved |
| 191,368 |
| Management |
| 1 |
| Amend Articles |
| For |
| For |
|
|
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 7-Apr-14 |
| Special |
| Confirmed |
| 757,563 |
| Management |
| 1 |
| Approve Restricted Stock Plan |
| For |
| Against |
| The proposed plan lacks definition of a minimum vesting period and clearly defined performance criteria. It grants the board ample discretion to set terms and conditions of stock grants. |
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 7-Apr-14 |
| Special |
| Confirmed |
| 757,563 |
| Management |
| 2.1 |
| Amend Article 5 to Reflect Changes in Capital |
| For |
| For |
|
|
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 7-Apr-14 |
| Special |
| Confirmed |
| 757,563 |
| Management |
| 2.2 |
| Amend Article 16 |
| For |
| For |
|
|
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 7-Apr-14 |
| Special |
| Confirmed |
| 757,563 |
| Management |
| 2.3 |
| Amend Articles |
| For |
| For |
|
|
165,000 |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. |
| OMAB |
| P49530101 |
| 10-Apr-14 |
| Annual/Special |
| Confirmed |
| 165,000 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports |
|
|
|
|
|
|
165,000 |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. |
| OMAB |
| P49530101 |
| 10-Apr-14 |
| Annual/Special |
| Confirmed |
| 165,000 |
| Management |
| 2 |
| Present CEO and External Auditor Report |
|
|
|
|
|
|
165,000 |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. |
| OMAB |
| P49530101 |
| 10-Apr-14 |
| Annual/Special |
| Confirmed |
| 165,000 |
| Management |
| 3 |
| Present Board of Directors’ Report in Accordance with Art. 28, Section IV of Stock Market Law Including Tax Report |
|
|
|
|
|
|
165,000 |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. |
| OMAB |
| P49530101 |
| 10-Apr-14 |
| Annual/Special |
| Confirmed |
| 165,000 |
| Management |
| 4 |
| Authorize Board to Ratify and Execute Approved Resolutions in Proposals 1 and 2 of this Agenda |
| For |
| For |
|
|
165,000 |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. |
| OMAB |
| P49530101 |
| 10-Apr-14 |
| Annual/Special |
| Confirmed |
| 165,000 |
| Management |
| 5 |
| Approve Allocation of Income, Increase in Reserves and Set Aggregate Nominal Amount of Share Repurchase |
| For |
| For |
|
|
165,000 |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. |
| OMAB |
| P49530101 |
| 10-Apr-14 |
| Annual/Special |
| Confirmed |
| 165,000 |
| Management |
| 6 |
| Elect or Ratify Directors and Chairmen of Audit, Corporate Practices, Finance, Planning and Sustainability Committees |
| For |
| Abstain |
| Names of the directors are disclosed by the company but would abstain as it is a bundled resolution. |
165,000 |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. |
| OMAB |
| P49530101 |
| 10-Apr-14 |
| Annual/Special |
| Confirmed |
| 165,000 |
| Management |
| 7 |
| Approve Remuneration of Directors and Other Committees |
| For |
| For |
|
|
165,000 |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. |
| OMAB |
| P49530101 |
| 10-Apr-14 |
| Annual/Special |
| Confirmed |
| 165,000 |
| Management |
| 8 |
| Approve Reduction in Share Capital and Consequently Amend Article 6 of Bylaws |
| For |
| For |
|
|
165,000 |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. |
| OMAB |
| P49530101 |
| 10-Apr-14 |
| Annual/Special |
| Confirmed |
| 165,000 |
| Management |
| 9 |
| Appoint Legal Representatives |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Annual |
| Confirmed |
| 319,000 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Annual |
| Confirmed |
| 319,000 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Annual |
| Confirmed |
| 319,000 |
| Management |
| 3 |
| Fix Number of Directors |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Annual |
| Confirmed |
| 319,000 |
| Management |
| 4.1 |
| Elect Plinio Villares Musetti as Director |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Annual |
| Confirmed |
| 319,000 |
| Management |
| 4.2 |
| Elect Antonio Luiz da Cunha Seabra as Director |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Annual |
| Confirmed |
| 319,000 |
| Management |
| 4.3 |
| Elect Pedro Luiz Barreiros Passos as Director |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Annual |
| Confirmed |
| 319,000 |
| Management |
| 4.4 |
| Elect Guilherme Peirao Leal as Director |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Annual |
| Confirmed |
| 319,000 |
| Management |
| 4.5 |
| Elect Julio Moura Neto as Director |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Annual |
| Confirmed |
| 319,000 |
| Management |
| 4.6 |
| Elect Luiz Ernesto Gemignani as Director |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Annual |
| Confirmed |
| 319,000 |
| Management |
| 4.7 |
| Elect Marcos de Barros Lisbboa as Director |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Annual |
| Confirmed |
| 319,000 |
| Management |
| 4.8 |
| Elect Raul Gabriel Beer Roth as Director |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Annual |
| Confirmed |
| 319,000 |
| Management |
| 5 |
| Approve Remuneration of Company’s Management |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Special |
| Confirmed |
| 319,000 |
| Management |
| 1.1 |
| Amend Article 21 Re: Size of Executive Committee |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Special |
| Confirmed |
| 319,000 |
| Management |
| 1.2 |
| Amend Article 21 Re: Election of Executive Committee |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Special |
| Confirmed |
| 319,000 |
| Management |
| 2 |
| Amend Article 24 |
| For |
| For |
|
|
319,000 |
| Natura Cosmeticos S.A. |
| NATU3 |
| P7088C106 |
| 11-Apr-14 |
| Special |
| Confirmed |
| 319,000 |
| Management |
| 3 |
| Consolidate Bylaws |
| For |
| For |
|
|
386,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 16-Apr-14 |
| Annual |
| Confirmed |
| 386,000 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
386,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 16-Apr-14 |
| Annual |
| Confirmed |
| 386,000 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
386,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 16-Apr-14 |
| Annual |
| Confirmed |
| 386,000 |
| Management |
| 3 |
| Approve Remuneration of Company’s Management |
| For |
| For |
|
|
386,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 16-Apr-14 |
| Annual |
| Confirmed |
| 386,000 |
| Management |
| 4 |
| Elect Fiscal Council Members |
| For |
| For |
|
|
386,000 |
| Ultrapar Participacoes S.A. |
| UGPA3 |
| P94396101 |
| 16-Apr-14 |
| Annual |
| Confirmed |
| 386,000 |
| Management |
| 4.1 |
| Approve Fiscal Council Remuneration |
| For |
| For |
|
|
333,096 |
| Lojas Renner |
| LREN3 |
| P6332C102 |
| 17-Apr-14 |
| Annual |
| Confirmed |
| 333,096 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
333,096 |
| Lojas Renner |
| LREN3 |
| P6332C102 |
| 17-Apr-14 |
| Annual |
| Confirmed |
| 333,096 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
333,096 |
| Lojas Renner |
| LREN3 |
| P6332C102 |
| 17-Apr-14 |
| Annual |
| Confirmed |
| 333,096 |
| Management |
| 3 |
| Fix Number of Directors |
| For |
| For |
|
|
333,096 |
| Lojas Renner |
| LREN3 |
| P6332C102 |
| 17-Apr-14 |
| Annual |
| Confirmed |
| 333,096 |
| Management |
| 4 |
| Elect Directors |
| For |
| For |
|
|
333,096 |
| Lojas Renner |
| LREN3 |
| P6332C102 |
| 17-Apr-14 |
| Annual |
| Confirmed |
| 333,096 |
| Management |
| 5 |
| Approve Remuneration of Company’s Management |
| For |
| For |
|
|
333,096 |
| Lojas Renner |
| LREN3 |
| P6332C102 |
| 17-Apr-14 |
| Annual |
| Confirmed |
| 333,096 |
| Management |
| 6 |
| Fix Number of Fiscal Council Members |
| For |
| For |
|
|
333,096 |
| Lojas Renner |
| LREN3 |
| P6332C102 |
| 17-Apr-14 |
| Annual |
| Confirmed |
| 333,096 |
| Management |
| 7 |
| Elect Fiscal Council Members |
| For |
| For |
|
|
333,096 |
| Lojas Renner |
| LREN3 |
| P6332C102 |
| 17-Apr-14 |
| Annual |
| Confirmed |
| 333,096 |
| Management |
| 8 |
| Fix Remuneration of Fiscal Council Members |
| For |
| For |
|
|
1,277,359 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 1,277,359 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
1,277,359 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 1,277,359 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
1,277,359 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 1,277,359 |
| Management |
| 3 |
| Elect Alternate Directors |
| For |
| Abstain |
| Bundled resolution. |
1,277,359 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 1,277,359 |
| Management |
| 4 |
| Elect Fiscal Council Members |
| For |
| Abstain |
| Bundled resolution. |
1,277,359 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 1,277,359 |
| Management |
| 5 |
| Approve Remuneration of Company’s Management |
| For |
| Against |
| The company failed to make all disclosures required by CVM, reducing transparency of compensation reporting to shareholders. |
1,277,359 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 1,277,359 |
| Management |
| 6 |
| Approve Cancellation of Treasury Shares |
| For |
| For |
|
|
1,277,359 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 1,277,359 |
| Management |
| 7 |
| Authorize Capitalization of Reserves |
| For |
| For |
|
|
1,277,359 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 1,277,359 |
| Management |
| 8 |
| Amend Article 5 to Reflect Changes in Capital |
| For |
| For |
|
|
213,117 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 213,117 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
213,117 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 213,117 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
213,117 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 213,117 |
| Management |
| 3 |
| Elect Alternate Directors |
|
|
|
|
|
|
213,117 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 213,117 |
| Share Holder |
| 4 |
| Elect Fiscal Council Member(s) Nominated by Preferred Shareholders |
| None |
| Abstain |
| Bundled resolution. |
213,117 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 213,117 |
| Management |
| 5 |
| Approve Remuneration of Company’s Management |
| For |
| Against |
| The company failed to make all disclosures required by CVM, reducing transparency of compensation reporting to shareholders. |
213,117 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 213,117 |
| Management |
| 1 |
| Approve Cancellation of Treasury Shares |
| For |
| For |
|
|
213,117 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 213,117 |
| Management |
| 2 |
| Authorize Capitalization of Reserves |
| For |
| For |
|
|
213,117 |
| Vale S.A. |
| VALE5 |
| P2605D109 |
| 17-Apr-14 |
| Annual/Special |
| Confirmed |
| 213,117 |
| Management |
| 3 |
| Amend Article 5 to Reflect Changes in Capital |
| For |
| For |
|
|
318,000 |
| Embotelladora Andina S.A. |
| ANDINA-B |
| P3697S103 |
| 21-Apr-14 |
| Annual |
| Confirmed |
| 318,000 |
| Management |
| 1 |
| Approve Financial Statements and Statutory Reports |
| For |
| For |
|
|
318,000 |
| Embotelladora Andina S.A. |
| ANDINA-B |
| P3697S103 |
| 21-Apr-14 |
| Annual |
| Confirmed |
| 318,000 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
318,000 |
| Embotelladora Andina S.A. |
| ANDINA-B |
| P3697S103 |
| 21-Apr-14 |
| Annual |
| Confirmed |
| 318,000 |
| Management |
| 3 |
| Present Dividend Policy |
|
|
|
|
|
|
318,000 |
| Embotelladora Andina S.A. |
| ANDINA-B |
| P3697S103 |
| 21-Apr-14 |
| Annual |
| Confirmed |
| 318,000 |
| Management |
| 4 |
| Approve Remuneration of Directors, Directors’ Committee and Audit Committee Members |
| For |
| For |
|
|
318,000 |
| Embotelladora Andina S.A. |
| ANDINA-B |
| P3697S103 |
| 21-Apr-14 |
| Annual |
| Confirmed |
| 318,000 |
| Management |
| 5 |
| Appoint Auditors |
| For |
| For |
|
|
318,000 |
| Embotelladora Andina S.A. |
| ANDINA-B |
| P3697S103 |
| 21-Apr-14 |
| Annual |
| Confirmed |
| 318,000 |
| Management |
| 6 |
| Inform Designation of Fitch Ratings and ICR Humphreys as Risk Assessment Companies |
|
|
|
|
|
|
318,000 |
| Embotelladora Andina S.A. |
| ANDINA-B |
| P3697S103 |
| 21-Apr-14 |
| Annual |
| Confirmed |
| 318,000 |
| Management |
| 7 |
| Present Report Regarding Related-Party Transactions |
|
|
|
|
|
|
318,000 |
| Embotelladora Andina S.A. |
| ANDINA-B |
| P3697S103 |
| 21-Apr-14 |
| Annual |
| Confirmed |
| 318,000 |
| Management |
| 8 |
| Designate Newspaper to Publish Meeting Announcements |
| For |
| For |
|
|
318,000 |
| Embotelladora Andina S.A. |
| ANDINA-B |
| P3697S103 |
| 21-Apr-14 |
| Annual |
| Confirmed |
| 318,000 |
| Management |
| 9 |
| Other Business (Voting) |
| For |
| Against |
| We are not able to assess the impact of decisions that may be taken during the meeting so safer stance is to vote against. |
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 1 |
| Approve Financial Statements and Statutory Reports |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends of CLP 1.41 Per Share |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 3 |
| Appoint Auditors |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 4 |
| Designate Risk Assessment Companies |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 5.1 |
| Reelect Mauricio Larraìn as Director |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 5.2 |
| Reelect Carlos Olivos as Director |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 5.3 |
| Reelect Oscar von Chrismar as Director |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 5.4 |
| Reelect Vittorio Corbo as Director |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 5.5 |
| Reelect Vìctor Arbulú as Director |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 5.6 |
| Reelect Marco Colodro as Director |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 5.7 |
| Reelect Roberto Méndez as Director |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 5.8 |
| Reelect Lucìa Santa Cruz as Director |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 5.9 |
| Reelect Lisandro Serrano as Director |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 5.10 |
| Reelect Roberto Zahler as Director |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 5.11 |
| Reelect Juan Pedro Santa Marìa as Director |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Share Holder |
| 5.12 |
| Elect Alfredo Ergas as Director |
| None |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 6 |
| Elect Raimundo Monge as Alternate Director |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 7 |
| Approve Remuneration of Directors |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 8 |
| Approve Remuneration and Budget of Directors’ Committee and Audit Committee; Receive Directors and Audit Committee’s Report |
| For |
| For |
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 9 |
| Receive Report Regarding Related-Party Transactions |
|
|
|
|
|
|
25,113,969 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 25,113,969 |
| Management |
| 10 |
| Transact Other Business (Non-Voting) |
|
|
|
|
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 1 |
| Approve Financial Statements and Statutory Reports |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends of CLP 1.41 Per Share |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 3 |
| Appoint Auditors |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 4 |
| Designate Risk Assessment Companies |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 5.1 |
| Reelect Mauricio Larraìn as Director |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 5.2 |
| Reelect Carlos Olivos as Director |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 5.3 |
| Reelect Oscar von Chrismar as Director |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 5.4 |
| Reelect Vittorio Corbo as Director |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 5.5 |
| Reelect Vìctor Arbulú as Director |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 5.6 |
| Reelect Marco Colodro as Director |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 5.7 |
| Reelect Roberto Méndez as Director |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 5.8 |
| Reelect Lucìa Santa Cruz as Director |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 5.9 |
| Reelect Lisandro Serrano as Director |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 5.1 |
| Reelect Roberto Zahler as Director |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 5.11 |
| Reelect Juan Pedro Santa Marìa as Director |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Share Holder |
| 5.12 |
| Elect Alfredo Ergas as Director |
| None |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 6 |
| Elect Raimundo Monge as Alternate Director |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 7 |
| Approve Remuneration of Directors |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 8 |
| Approve Remuneration and Budget of Directors’ Committee and Audit Committee; Receive Directors and Audit Committee’s Report |
| For |
| For |
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 9 |
| Receive Report Regarding Related-Party Transactions |
|
|
|
|
|
|
175,505 |
| Banco Santander Chile |
| BSANTANDER |
| P1506A107 |
| 22-Apr-14 |
| Annual |
| Confirmed |
| 175,505 |
| Management |
| 10 |
| Transact Other Business (Non-Voting) |
|
|
|
|
|
|
298,570 |
| Empresas CMPC S.A. |
| CMPC |
| P3712V107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 298,570 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports |
| For |
| For |
|
|
298,570 |
| Empresas CMPC S.A. |
| CMPC |
| P3712V107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 298,570 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends of CLP 5 Per Share |
| For |
| For |
|
|
298,570 |
| Empresas CMPC S.A. |
| CMPC |
| P3712V107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 298,570 |
| Management |
| 3 |
| Elect Directors |
| For |
| For |
|
|
298,570 |
| Empresas CMPC S.A. |
| CMPC |
| P3712V107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 298,570 |
| Management |
| 4 |
| Approve Report Regarding Related-Party Transactions |
| For |
| For |
|
|
298,570 |
| Empresas CMPC S.A. |
| CMPC |
| P3712V107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 298,570 |
| Management |
| 5 |
| Appoint Auditors and Designate Risk Assessment Companies |
| For |
| For |
|
|
298,570 |
| Empresas CMPC S.A. |
| CMPC |
| P3712V107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 298,570 |
| Management |
| 6 |
| Approve Remuneration of Directors; Approve Remuneration and Budget of Directors’ Committee |
| For |
| For |
|
|
298,570 |
| Empresas CMPC S.A. |
| CMPC |
| P3712V107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 298,570 |
| Management |
| 7 |
| Approve Dividend Policy and Distribution Procedures |
| For |
| For |
|
|
298,570 |
| Empresas CMPC S.A. |
| CMPC |
| P3712V107 |
| 22-Apr-14 |
| Annual |
| Approved |
| 298,570 |
| Management |
| 8 |
| Other Business (Voting) |
| For |
| Against |
| Insufficient information. |
298,570 |
| Empresas CMPC S.A. |
| CMPC |
| P3712V107 |
| 22-Apr-14 |
| Special |
| Approved |
| 298,570 |
| Management |
| 1 |
| Approve Increase in Capital Up to a Maximum of $ 250 Million via Share Issuance |
| For |
| For |
|
|
298,570 |
| Empresas CMPC S.A. |
| CMPC |
| P3712V107 |
| 22-Apr-14 |
| Special |
| Approved |
| 298,570 |
| Management |
| 2 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 22-Apr-14 |
| Annual |
| Approved |
| 692,000 |
| Management |
| 1 |
| Approve Financial Statements and Statutory Reports |
| For |
| For |
|
|
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 22-Apr-14 |
| Annual |
| Approved |
| 692,000 |
| Management |
| 2 |
| Approve Remuneration of Directors for Fiscal Year 2014 and Accept Expense Report of Board of Directors for Fiscal Year 2013 |
| For |
| For |
|
|
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 22-Apr-14 |
| Annual |
| Approved |
| 692,000 |
| Management |
| 3 |
| Present Report Re: Directors’ Committee Activities and Expenses; Fix Their Remuneration and Budget |
| For |
| For |
|
|
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 22-Apr-14 |
| Annual |
| Approved |
| 692,000 |
| Management |
| 4 |
| Approve Report Regarding Related-Party Transactions |
| For |
| For |
|
|
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 22-Apr-14 |
| Annual |
| Approved |
| 692,000 |
| Management |
| 5 |
| Appoint Auditors |
| For |
| For |
|
|
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 22-Apr-14 |
| Annual |
| Approved |
| 692,000 |
| Management |
| 6 |
| Designate Risk Assessment Companies |
| For |
| For |
|
|
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 22-Apr-14 |
| Annual |
| Approved |
| 692,000 |
| Management |
| 7 |
| Designate Newspaper to Publish Meeting Announcements |
| For |
| For |
|
|
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 22-Apr-14 |
| Annual |
| Approved |
| 692,000 |
| Management |
| 8 |
| Approve Allocation of Income and Dividend Policy |
| For |
| For |
|
|
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 22-Apr-14 |
| Annual |
| Approved |
| 692,000 |
| Management |
| 9 |
| Other Business (Voting) |
| For |
| Against |
| Standard open item of the agenda as required under Chilean regulation. We are not able to assess the impact of decisions that may be taken during the meeting so safer stance is to vote against. |
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 22-Apr-14 |
| Special |
| Approved |
| 692,000 |
| Management |
| 1 |
| Approve Any Modification to Share Capital |
| For |
| For |
|
|
692,000 |
| Parque Arauco S.A. |
| PARAUCO |
| P76328106 |
| 22-Apr-14 |
| Special |
| Approved |
| 692,000 |
| Management |
| 2 |
| Amend Bylaws; Adopt All Necessary Agreements to Execute Approved Resolutions |
| For |
| For |
|
|
397,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 397,000 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
397,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 397,000 |
| Management |
| 2 |
| Approve Capital Budget |
| For |
| For |
|
|
397,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 397,000 |
| Management |
| 3 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
397,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 397,000 |
| Management |
| 4 |
| Approve Remuneration of Company’s Management |
| For |
| For |
|
|
98,000 |
| Empresas Copec S.A. |
| COPEC |
| P7847L108 |
| 23-Apr-14 |
| Annual |
| Approved |
| 98,000 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports |
| For |
| For |
|
|
98,000 |
| Empresas Copec S.A. |
| COPEC |
| P7847L108 |
| 23-Apr-14 |
| Annual |
| Approved |
| 98,000 |
| Management |
| 2 |
| Elect Directors |
| For |
| Against |
| Name of the candidates were not disclosed and resolution is bundled. Although the disclosure of names ahead of the meeting is not a requirement in Chile we have seen many companies disclosing the names and should encourage others to follow the same practice. We have contacted IR asking for disclosure of the names ahead of the meeting but have had no response yet. |
98,000 |
| Empresas Copec S.A. |
| COPEC |
| P7847L108 |
| 23-Apr-14 |
| Annual |
| Approved |
| 98,000 |
| Management |
| 3 |
| Approve Report Regarding Related-Party Transactions |
| For |
| For |
|
|
98,000 |
| Empresas Copec S.A. |
| COPEC |
| P7847L108 |
| 23-Apr-14 |
| Annual |
| Approved |
| 98,000 |
| Management |
| 4 |
| Approve Remuneration of Directors |
| For |
| Abstain |
| Although we do not have any particular concern with regards to remuneration level, management failed to disclose the amounts proposed ahead of the meeting. |
98,000 |
| Empresas Copec S.A. |
| COPEC |
| P7847L108 |
| 23-Apr-14 |
| Annual |
| Approved |
| 98,000 |
| Management |
| 5 |
| Approve Remuneration and Budget of Directors’ Committee; Present Report on Directors’ Committee Expenses and Activities |
| For |
| Abstain |
| Although we do not have any particular concern with regards to remuneration level, management failed to disclose the amounts proposed ahead of the meeting. |
98,000 |
| Empresas Copec S.A. |
| COPEC |
| P7847L108 |
| 23-Apr-14 |
| Annual |
| Approved |
| 98,000 |
| Management |
| 6 |
| Appoint Auditors and Designate Risk Assessment Companies |
| For |
| For |
|
|
98,000 |
| Empresas Copec S.A. |
| COPEC |
| P7847L108 |
| 23-Apr-14 |
| Annual |
| Approved |
| 98,000 |
| Management |
| 7 |
| Other Business (Voting) |
| For |
| Against |
| Insufficient information. |
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 3,780,000 |
| Management |
| 1 |
| Approve Financial Statements and Statutory Reports |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 3,780,000 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 3,780,000 |
| Management |
| 3 |
| Approve Remuneration of Directors |
| For |
| Abstain |
| In line with market practice in Chile no disclosure was made on proposals for remuneration. We have engaged with the company asking further details but IR failed to inform the amounts that will be taken to shareholder approval. ISS recommended investors to vote for on the basis of the reasonable amount and absence of concerns over pay level, but we should encourage the companies to increase the level of disclosure ahead of the meeting. |
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 3,780,000 |
| Management |
| 4 |
| Approve Remuneration of Directors’ Committee and Approve their 2014 Budget |
| For |
| Abstain |
| In line with market practice in Chile no disclosure was made on proposals for remuneration. We have engaged with the company asking further details but IR failed to inform the amounts that will be taken to shareholder approval. ISS recommended investors to vote for on the basis of the reasonable amount and absence of concerns over pay level, but we should encourage the companies to increase the level of disclosure ahead of the meeting. |
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 3,780,000 |
| Management |
| 5 |
| Present Board’s Report on Expenses; Present Directors’ Committee Report on Activities and Expenses |
|
|
|
|
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 3,780,000 |
| Management |
| 6 |
| Appoint Auditors |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 3,780,000 |
| Management |
| 7 |
| Elect Two Auditors and their Respective Alternates; Approve their Remuneration |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 3,780,000 |
| Management |
| 8 |
| Designate Risk Assessment Companies |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 3,780,000 |
| Management |
| 9 |
| Approve Investment and Financing Policy |
| For |
| For |
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 3,780,000 |
| Management |
| 10 |
| Present Dividend Policy and Distribution Procedures |
|
|
|
|
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 3,780,000 |
| Management |
| 11 |
| Approve Special Auditors’ Report Regarding Related-Party Transactions |
|
|
|
|
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 3,780,000 |
| Management |
| 12 |
| Present Report on Processing, Printing, and Mailing Information Required by Chilean Law |
|
|
|
|
|
|
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 3,780,000 |
| Management |
| 13 |
| Other Business (Voting) |
| For |
| Against |
| Insufficient information. |
3,780,000 |
| Enersis S.A. |
| ENERSIS |
| P37186106 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 3,780,000 |
| Management |
| 14 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
36,930 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 36,930 |
| Share Holder |
| 1.1 |
| Elect Luiz Alberto de Castro Falleiros as Fiscal Council Member Nominated by Preferred Shareholders |
| None |
| For |
|
|
36,930 |
| Itau Unibanco Holding SA |
| ITUB4 |
| P5968U113 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 36,930 |
| Share Holder |
| 1.2 |
| Elect Ernesto Rubens Gelbcke as Alternate Fiscal Council Member Nominated by Preferred Shareholders |
| None |
| For |
|
|
204,844 |
| WEG S.A. |
| WEGE3 |
| P9832B129 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 204,844 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
204,844 |
| WEG S.A. |
| WEGE3 |
| P9832B129 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 204,844 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
204,844 |
| WEG S.A. |
| WEGE3 |
| P9832B129 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 204,844 |
| Management |
| 3 |
| Elect Directors |
| For |
| Abstain |
| No issues with the proposed board but they have bundled the election. |
204,844 |
| WEG S.A. |
| WEGE3 |
| P9832B129 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 204,844 |
| Management |
| 4 |
| Approve Remuneration of Company’s Management |
| For |
| For |
|
|
204,844 |
| WEG S.A. |
| WEGE3 |
| P9832B129 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 204,844 |
| Management |
| 5 |
| Elect Fiscal Council Members and Approve their Remuneration |
| For |
| Abstain |
| The company has bundled the election and remuneration approval into a single item. |
204,844 |
| WEG S.A. |
| WEGE3 |
| P9832B129 |
| 23-Apr-14 |
| Annual |
| Confirmed |
| 204,844 |
| Management |
| 6 |
| Designate Newspapers to Publish Company Announcements |
| For |
| For |
|
|
204,844 |
| WEG S.A. |
| WEGE3 |
| P9832B129 |
| 23-Apr-14 |
| Special |
| Confirmed |
| 204,844 |
| Management |
| 1 |
| Authorize Capitalization of Reserves for Bonus Issue |
| For |
| For |
|
|
204,844 |
| WEG S.A. |
| WEGE3 |
| P9832B129 |
| 23-Apr-14 |
| Special |
| Confirmed |
| 204,844 |
| Management |
| 2.1 |
| Amend Stock Option Plan Re: Item 7 |
| For |
| For |
|
|
204,844 |
| WEG S.A. |
| WEGE3 |
| P9832B129 |
| 23-Apr-14 |
| Special |
| Confirmed |
| 204,844 |
| Management |
| 2.2 |
| Amend Stock Option Plan Re: Item 16 |
| For |
| Against |
| The proposed amendment grants flexibility to the board to accelerate unvested awards, on a case by case basis, in the case of a beneficiary exit from the company, as long as the individual is not involved in competing activities. The company didn’t provide a clear rationale to make this change and the increased flexibility granted to those managing the plan does not seem ideal. |
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 1a |
| Approve CEO’s and Auditor’s Report on Financial Statements and Statutory Reports |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 1b |
| Approve Board’s Report on Accounting Criteria Policy and Disclosure Policy Law |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 1c |
| Approve Report Re: Activities and Operations Undertaken by the Board |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 1d |
| Approve Individual and Consolidated Financial Statements |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 1e |
| Approve Audit Committee’s Report Regarding Company’s Subsidiaries |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 1f |
| Approve Report on Adherence to Fiscal Obligations |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 2a |
| Approve Increase in Legal Reserves |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 2b |
| Set Maximum Nominal Amount of Share Repurchase Reserve; Approve Policy Related to Acquisition of Own Shares |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3a |
| Approve Discharge of Board of Directors and CEO |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3b.1 |
| Elect/Ratify Fernando Chico Pardo as Director |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3b.2 |
| Elect/Ratify Jose Antonio Perez Anton as Director |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3b.3 |
| Elect/Ratify Luis Chico Pardo as Director |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3b.4 |
| Elect/Ratify Aurelio Perez Alonso as Director |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3b.5 |
| Elect/Ratify Rasmus Christiansen as Director |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3b.6 |
| Elect/Ratify Francisco Garza Zambrano as Director |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3b.7 |
| Elect/Ratify Ricardo Guajardo Touche as Director |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3b.8 |
| Elect/Ratify Guillermo Ortiz Martinez as Director |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3b.9 |
| Elect/Ratify Roberto Servitje Sendra as Director |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3c.1 |
| Elect/Ratify Ricardo Guajardo Touche as Chairman of Audit Committee |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3d.1 |
| Elect/Ratify Fernando Chico Pardo, Jose Antonio Perez Anton and Roberto Servitje Sendra as Members of Nominations and Compensations Committee |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3e.1 |
| Approve Remuneration of Directors in the Amount of MXN 50,000 |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3e.2 |
| Approve Remuneration of Operations Committee in the Amount of MXN 50,000 |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3e.3 |
| Approve Remuneration of Nominations and Compensations Committee in the Amount of MXN 50,000 |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3e.4 |
| Approve Remuneration of Audit Committee in the Amount of MXN 70,000 |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 3e.5 |
| Approve Remuneration of Acquisitions and Contracts Committee in the Amount of MXN 15,000 |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 4a |
| Authorize Claudio R. Gongora Morales to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 4b |
| Authorize Rafael Robles Miaja to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
38,134 |
| Grupo Aeroportuario del Sureste S.A.B. de C.V. |
| ASURB |
| P4950Y100 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 38,134 |
| Management |
| 4c |
| Authorize Ana Maria Poblanno Chanona to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
592,000 |
| Sonda S.A. |
| SONDA |
| P87262104 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 592,000 |
| Management |
| 1 |
| Approve Financial Statements and Statutory Reports |
| For |
| For |
|
|
592,000 |
| Sonda S.A. |
| SONDA |
| P87262104 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 592,000 |
| Management |
| 2 |
| Approve Allocation of Income, Dividends and Future Dividend Policy |
| For |
| For |
|
|
592,000 |
| Sonda S.A. |
| SONDA |
| P87262104 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 592,000 |
| Management |
| 3 |
| Elect Directors and Approve Their Remuneration; Elect Directors’ Committee and Approve Their Budget |
| For |
| Abstain |
| The company has bundled election of directors an remuneration of board member and no disclosure of proposed names were provided. We have engaged with management asking for further information but no response so far. ISS recommended investors to vote Against but in absence of concerns with remuneration level and board composition have opted to ABSTAIN and engage with management expressing our views. |
592,000 |
| Sonda S.A. |
| SONDA |
| P87262104 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 592,000 |
| Management |
| 4 |
| Present Report of Directors’ Committee Activities and Expenses |
|
|
|
|
|
|
592,000 |
| Sonda S.A. |
| SONDA |
| P87262104 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 592,000 |
| Management |
| 5 |
| Receive Report Regarding Related-Party Transactions |
|
|
|
|
|
|
592,000 |
| Sonda S.A. |
| SONDA |
| P87262104 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 592,000 |
| Management |
| 6 |
| Appoint Auditors and Designate Risk Assessment Companies |
| For |
| For |
|
|
592,000 |
| Sonda S.A. |
| SONDA |
| P87262104 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 592,000 |
| Management |
| 7 |
| Designate Newspaper to Publish Meeting Announcements |
| For |
| For |
|
|
592,000 |
| Sonda S.A. |
| SONDA |
| P87262104 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 592,000 |
| Management |
| 8 |
| Other Business (Voting) |
| For |
| Against |
| This is an open item of the agenda for matters that may be raised during the meeting. Since we are not able to assess the impact of discussions that may be held during the meeting best action is to go Against. |
154,200 |
| Valid Solucoes e Serv. Seg. Meios Pag. Ident. S.A |
| VLID3 |
| P0282R102 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 154,200 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
154,200 |
| Valid Solucoes e Serv. Seg. Meios Pag. Ident. S.A |
| VLID3 |
| P0282R102 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 154,200 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
154,200 |
| Valid Solucoes e Serv. Seg. Meios Pag. Ident. S.A |
| VLID3 |
| P0282R102 |
| 24-Apr-14 |
| Annual |
| Confirmed |
| 154,200 |
| Management |
| 3 |
| Approve Remuneration of Company’s Management |
| For |
| For |
|
|
18,518 |
| AntarChile S.A. |
| ANTARCHILE |
| P0362E138 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 18,518 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports |
| For |
| For |
|
|
18,518 |
| AntarChile S.A. |
| ANTARCHILE |
| P0362E138 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 18,518 |
| Management |
| 2 |
| Receive Report Regarding Related-Party Transactions |
| For |
| For |
|
|
18,518 |
| AntarChile S.A. |
| ANTARCHILE |
| P0362E138 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 18,518 |
| Management |
| 3 |
| Approve Remuneration of Directors |
| For |
| Abstain |
| Amounts proposed were not discloser ahead of the meeting. Although the disclosure is not required in Chile we have encouraged our holdings to increase the level of information provided ahead of the meeting so worth abstaining. |
18,518 |
| AntarChile S.A. |
| ANTARCHILE |
| P0362E138 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 18,518 |
| Management |
| 4 |
| Approve Remuneration and Budget of Directors’ Committee |
| For |
| Abstain |
| Amounts proposed were not discloser ahead of the meeting. Although the disclosure is not required in Chile we have encouraged our holdings to increase the level of information provided ahead of the meeting so worth abstaining. |
18,518 |
| AntarChile S.A. |
| ANTARCHILE |
| P0362E138 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 18,518 |
| Management |
| 5 |
| Appoint Auditors and Designate Risk Assessment Companies |
| For |
| For |
|
|
18,518 |
| AntarChile S.A. |
| ANTARCHILE |
| P0362E138 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 18,518 |
| Management |
| 6 |
| Other Business (Voting) |
| For |
| Against |
| Standard other business item. Open item of the agenda so we are not able to assess the impacts of discussions that may be raised during the meeting. |
432,277 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
|
|
| 25-Apr-14 |
| Annual |
| Confirmed |
| 432,277 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
432,277 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
|
|
| 25-Apr-14 |
| Annual |
| Confirmed |
| 432,277 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
432,277 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
|
|
| 25-Apr-14 |
| Annual |
| Confirmed |
| 432,277 |
| Management |
| 3 |
| Approve Capital Budget |
| For |
| For |
|
|
432,277 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
|
|
| 25-Apr-14 |
| Annual |
| Confirmed |
| 432,277 |
| Management |
| 4 |
| Approve Remuneration of Company’s Management |
| For |
| For |
|
|
432,277 |
| Arezzo Industria e Comercio SA |
| ARZZ3 |
|
|
| 25-Apr-14 |
| Special |
| Confirmed |
| 432,277 |
| Management |
| 1 |
| Amend Articles Re: Chair/CEO |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 2 |
| Approve Allocation of Income |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a1 |
| Elect Guillermo Ortiz Martinez as Board Chairman |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a2 |
| Elect Graciela Gonzalez Moreno as Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a3 |
| Elect David Villarreal Montemayor as Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a4 |
| Elect Everardo Elizondo Almaguer as Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a5 |
| Elect Alfredo Elias Ayub as Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a6 |
| Elect Herminio Blanco Mendoza as Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a7 |
| Elect Adrian Sada Cueva as Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a8 |
| Elect Patricia Armendariz Guerra as Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a9 |
| Elect Armando Garza Sada as Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a10 |
| Elect Hector Reyes Retana y Dahl as Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a11 |
| Elect Juan Carlos Braniff Hierro as Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a12 |
| Elect Miguel Aleman Magnani as Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a13 |
| Elect Alejandro Burillo Azcarraga as Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a14 |
| Elect Juan Antonio Gonzalez Moreno as Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a15 |
| Elect Alejandro Valenzuela del Rio as Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a16 |
| Elect Jesus O. Garza Martinez as Alternate Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a17 |
| Elect Alejandro Hank Gonzalez as Alternate Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a18 |
| Elect Jose Maria Garza Treviño as Alternate Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a19 |
| Elect Alberto Halabe Hamui as Alternate Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a20 |
| Elect Isaac Becker Kabacnik as Alternate Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a21 |
| Elect Manuel Aznar Nicolin as Alternate Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a22 |
| Elect Eduardo Livas Cantu as Alternate Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a23 |
| Elect Roberto Kelleher Vales as Alternate Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a24 |
| Elect Ramon A. Leal Chapa as Alternate Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a25 |
| Elect Julio Cesar Mendez Rubio as Alternate Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a26 |
| Elect Guillermo Mascareñas Milmo as Alternate Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a27 |
| Elect Lorenzo Lazo Margain as Alternate Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a28 |
| Elect Alejandro Orvañanos Alatorre as Alternate Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a29 |
| Elect Juan Antonio Gonzalez Marcos as Alternate Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.a30 |
| Elect Jose Marcos Ramirez Miguel as Alternate Director |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.b |
| Approve Directors Liability and Indemnification |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 3.c |
| Elect Hector Avila Flores as Board Secretary; Elect Jose Morales Martinez as Undersecretary Who Will Not Be Part of Board |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 4 |
| Approve Remuneration of Directors |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 5.a |
| Elect Hector Reyes Retana y Dahl as Chairman of Audit and Corporate Practices Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 5.b |
| Elect Herminio Blanco Mendoza as Member of Audit and Corporate Practices Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 5.c |
| Elect Manuel Aznar Nicolin as Member of Audit and Corporate Practices Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 5.d |
| Elect Patricia Armendariz Guerra as Member of Audit and Corporate Practices Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 5.e |
| Elect Julio Cesar Mendez Rubio as Member of Audit and Corporate Practices Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 6.a |
| Elect Juan Carlos Braniff Hierro as Chairman of Risk Policies Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 6.b |
| Elect Alfredo Elias Ayub as Member of Risk Policies Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 6.c |
| Elect Hector Reyes Retana y Dahl as Member of Risk Policies Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 6.d |
| Elect Everardo Elizondo Almaguer as Member of Risk Policies Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 6.e |
| Elect Eduardo Livas Cantu as Member of Risk Policies Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 6.f |
| Elect Manuel Aznar Nicolin as Member of Risk Policies Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 6.g |
| Elect Alejandro Valenzuela del Rio as Member of Risk Policies Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 6.h |
| Elect Manuel Romo Villafuerte as Member of Risk Policies Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 6.i |
| Elect Fernando Solis Soberon as Member of Risk Policies Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 6.j |
| Elect Gerardo Zamora Nañez as Member of Risk Policies Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 6.k |
| Elect Jose Marcos Ramirez Miguel as Member of Risk Policies Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 6.l |
| Elect David Aaron Margolin Schabes as Secretary of Risk Policies Committee |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 7 |
| Approve Report on Share Repurchase; Set Aggregate Nominal Amount of Share Repurchase Program |
| For |
| For |
|
|
1,432,097 |
| Grupo Financiero Banorte S.A.B. de C.V. |
| GFNORTEO |
| P49501201 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 1,432,097 |
| Management |
| 8 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
18,800 |
| Sociedad Quimica y Minera de Chile S.A. SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 18,800 |
| Management |
| 1 |
| Accept Annual Report, Financial Statements, Internal Statutory Auditors’ Report and External Auditors’ Reports, and Statutory Reports |
| For |
| For |
|
|
18,800 |
| Sociedad Quimica y Minera de Chile S.A. SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 18,800 |
| Management |
| 2 |
| Appoint Auditors and Internal Statutory Auditors |
| For |
| For |
|
|
18,800 |
| Sociedad Quimica y Minera de Chile S.A. SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 18,800 |
| Management |
| 3 |
| Approve Report Regarding Related-Party Transactions |
| For |
| For |
|
|
18,800 |
| Sociedad Quimica y Minera de Chile S.A. SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 18,800 |
| Management |
| 4 |
| Approve Investment and Financing Policy |
| For |
| For |
|
|
18,800 |
| Sociedad Quimica y Minera de Chile S.A. SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 18,800 |
| Management |
| 5 |
| Approve Allocation of Income and Dividends, and Dividend Policy |
| For |
| For |
|
|
18,800 |
| Sociedad Quimica y Minera de Chile S.A. SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 18,800 |
| Management |
| 6 |
| Receive Report on Board’s Expenses |
| For |
| For |
|
|
18,800 |
| Sociedad Quimica y Minera de Chile S.A. SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 18,800 |
| Management |
| 7 |
| Approve Remuneration of Directors |
| For |
| For |
|
|
18,800 |
| Sociedad Quimica y Minera de Chile S.A. SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 18,800 |
| Management |
| 8 |
| Receive Issues Related to Directors’ and Audit Committees and Health, Safety and Environmental Committee |
| For |
| For |
|
|
18,800 |
| Sociedad Quimica y Minera de Chile S.A. SQM |
| SQM-B |
| P8716X108 |
| 25-Apr-14 |
| Annual |
| Confirmed |
| 18,800 |
| Management |
| 9 |
| Other Business (Voting) |
| For |
| Against |
| We vote against since topics we are unaware of can be proposed to be voted during the meeting. |
391,800 |
| Bradespar S.A. |
| BRAP4 |
| P1808W104 |
| 28-Apr-14 |
| Annual |
| Confirmed |
| 391,800 |
| Share Holder |
| 1 |
| Elect Director Nominated by Preferred Shareholders |
| None |
| For |
|
|
391,800 |
| Bradespar S.A. |
| BRAP4 |
| P1808W104 |
| 28-Apr-14 |
| Annual |
| Confirmed |
| 391,800 |
| Share Holder |
| 2 |
| Elect Fiscal Council Member(s) Nominated by Preferred Shareholders |
| None |
| For |
|
|
1,168,830 |
| Companhia de Bebidas Das Americas - AMBEV |
| ABEV3 |
| P0273S127 |
| 28-Apr-14 |
| Annual |
| Confirmed |
| 1,168,830 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
1,168,830 |
| Companhia de Bebidas Das Americas - AMBEV |
| ABEV3 |
| P0273S127 |
| 28-Apr-14 |
| Annual |
| Confirmed |
| 1,168,830 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
1,168,830 |
| Companhia de Bebidas Das Americas - AMBEV |
| ABEV3 |
| P0273S127 |
| 28-Apr-14 |
| Annual |
| Confirmed |
| 1,168,830 |
| Management |
| 3 |
| Elect Fiscal Council Members |
| For |
| Abstain |
| No issues with names being proposed, but the company has bundled the elections. |
1,168,830 |
| Companhia de Bebidas Das Americas - AMBEV |
| ABEV3 |
| P0273S127 |
| 28-Apr-14 |
| Annual |
| Confirmed |
| 1,168,830 |
| Management |
| 4 |
| Ratify Remuneration Paid for Fiscal Year 2013 and Approve Remuneration of Company’s Management |
| For |
| For |
|
|
1,168,830 |
| Companhia de Bebidas Das Americas - AMBEV |
| ABEV3 |
| P0273S127 |
| 28-Apr-14 |
| Special |
| Confirmed |
| 1,168,830 |
| Management |
| 1 |
| Authorize Capitalization of Fiscal Benefits and Issue New Shares |
| For |
| For |
|
|
1,168,830 |
| Companhia de Bebidas Das Americas - AMBEV |
| ABEV3 |
| P0273S127 |
| 28-Apr-14 |
| Special |
| Confirmed |
| 1,168,830 |
| Management |
| 2 |
| Authorize Capitalization of Fiscal Benefits without Issuing New Shares |
| For |
| For |
|
|
1,168,830 |
| Companhia de Bebidas Das Americas - AMBEV |
| ABEV3 |
| P0273S127 |
| 28-Apr-14 |
| Special |
| Confirmed |
| 1,168,830 |
| Management |
| 3 |
| Amend Article 5 to Reflect Changes in Capital |
| For |
| For |
|
|
540,000 |
| Vina Concha y Toro S.A. |
| CONCHATORO |
| P9796J100 |
| 28-Apr-14 |
| Annual |
| Confirmed |
| 540,000 |
| Management |
| 1 |
| Approve Financial Statements and Statutory Reports |
| For |
| For |
|
|
540,000 |
| Vina Concha y Toro S.A. |
| CONCHATORO |
| P9796J100 |
| 28-Apr-14 |
| Annual |
| Confirmed |
| 540,000 |
| Management |
| 2 |
| Approve Dividends and Dividends Policy |
| For |
| For |
|
|
540,000 |
| Vina Concha y Toro S.A. |
| CONCHATORO |
| P9796J100 |
| 28-Apr-14 |
| Annual |
| Confirmed |
| 540,000 |
| Management |
| 3 |
| Elect Directors |
| For |
| Against |
| The company failed to disclose the names of the candidates that will be proposed. In absence of disclosure of such information we are not able to make a well informed decision so support is not warranted. Although the disclosure is not a requirement in Chile we have seen other companies disclosing the names so Concha Y Toro should follow the best practices. We have engaged with the company to express our positioning. |
540,000 |
| Vina Concha y Toro S.A. |
| CONCHATORO |
| P9796J100 |
| 28-Apr-14 |
| Annual |
| Confirmed |
| 540,000 |
| Management |
| 4 |
| Appoint Auditors and Designate Risk Assessment Companies |
| For |
| For |
|
|
540,000 |
| Vina Concha y Toro S.A. |
| CONCHATORO |
| P9796J100 |
| 28-Apr-14 |
| Annual |
| Confirmed |
| 540,000 |
| Management |
| 5 |
| Approve Remuneration of Directors |
| For |
| For |
|
|
540,000 |
| Vina Concha y Toro S.A. |
| CONCHATORO |
| P9796J100 |
| 28-Apr-14 |
| Annual |
| Confirmed |
| 540,000 |
| Management |
| 6 |
| Approve Remuneration and Budget of Directors’ Committee |
| For |
| For |
|
|
540,000 |
| Vina Concha y Toro S.A. |
| CONCHATORO |
| P9796J100 |
| 28-Apr-14 |
| Annual |
| Confirmed |
| 540,000 |
| Management |
| 7 |
| Designate Newspaper to Publish Meeting Announcements |
| For |
| For |
|
|
540,000 |
| Vina Concha y Toro S.A. |
| CONCHATORO |
| P9796J100 |
| 28-Apr-14 |
| Annual |
| Confirmed |
| 540,000 |
| Management |
| 8 |
| Receive Report Regarding Related-Party Transactions |
| For |
| For |
|
|
540,000 |
| Vina Concha y Toro S.A. |
| CONCHATORO |
| P9796J100 |
| 28-Apr-14 |
| Annual |
| Confirmed |
| 540,000 |
| Management |
| 9 |
| Other Business (Voting) |
| For |
| Against |
| This is an open item of the agenda for matters that may be raised during the meeting. Since we are not able to assess the impact of discussions that may be held during the meeting best action is to vote against. |
23,143 |
| LATAM Airlines Group S.A. |
| LAN |
| P61894104 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 23,143 |
| Management |
| 1 |
| Approve Financial Statements and Statutory Reports |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group S.A. |
| LAN |
| P61894104 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 23,143 |
| Management |
| 2 |
| Elect Directors |
| For |
| Abstain |
| Although names were disclosed ahead of the meeting resolution is bundled. |
23,143 |
| LATAM Airlines Group S.A. |
| LAN |
| P61894104 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 23,143 |
| Management |
| 3 |
| Approve Remuneration of Directors |
| For |
| Abstain |
| No major concern with remuneration level but amounts proposed were not disclosed ahead of the meeting so we are unable to assess the impact. |
23,143 |
| LATAM Airlines Group S.A. |
| LAN |
| P61894104 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 23,143 |
| Management |
| 4 |
| Approve Remuneration and Budget of Directors’ Committee |
| For |
| Abstain |
| No major concern with remuneration level but amounts proposed were not disclosed ahead of the meeting so we are unable to assess the impact. |
23,143 |
| LATAM Airlines Group S.A. |
| LAN |
| P61894104 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 23,143 |
| Management |
| 5 |
| Appoint Auditors, Designate Risk-Assessment Companies; Present Special Auditors’ Report Regarding Related-Party |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group S.A. |
| LAN |
| P61894104 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 23,143 |
| Management |
| 6 |
| Approve Report on Processing, Printing, and Mailing Information To Shareholders Required by Chilean Law |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group S.A. |
| LAN |
| P61894104 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 23,143 |
| Management |
| 7 |
| Designate Newspaper to Publish Meeting Announcements |
| For |
| For |
|
|
23,143 |
| LATAM Airlines Group S.A. |
| LAN |
| P61894104 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 23,143 |
| Management |
| 8 |
| Other Business (Voting) |
| For |
| Against |
| We are unable to assess the impact of discussions that may be raised during the meeting so best course of action is to go against. |
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 274,050 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 274,050 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 274,050 |
| Management |
| 3 |
| Approve Remuneration of Company’s Management |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 274,050 |
| Management |
| 4 |
| Designate Newspapers to Publish Company Announcements |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 1.1 |
| Appoint Independent Firm to Appraise Absorption of Localiza Cuiaba Aluguel de Carros Ltda. |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 1.2 |
| Approve Independent Firm’s Appraisal |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 1.3 |
| Approve Acquisition Agreement between the Company and Localiza Cuiaba Aluguel de Carros Ltda |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 1.4 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 2.1 |
| Approve Agreement to Absorb Localiza Car Rental S.A. |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 2.2 |
| Appoint Independent Firm to Appraise Proposed Transaction |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 2.3 |
| Approve Independent Firm’s Appraisal |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 2.4 |
| Approve Absorption of Localiza Car Rental S.A. |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 2.5 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 3.1 |
| Approve Agreement to Absorb Localiza JF Aluguel de Carros Ltda. |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 3.2 |
| Appoint Independent Firm to Appraise Proposed Transaction |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 3.3 |
| Approve Independent Firm’s Appraisal |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 3.4 |
| Approve Absorption of Localiza JF Aluguel de Carros Ltda. |
| For |
| For |
|
|
274,050 |
| Localiza Rent A Car S.A. |
| RENT3 |
| P6330Z111 |
| 29-Apr-14 |
| Special |
| Confirmed |
| 274,050 |
| Management |
| 3.5 |
| Authorize Board to Ratify and Execute Approved Resolutions |
| For |
| For |
|
|
393,334 |
| Multiplan Empreendimentos Imobiliarios S.A. |
| MULT3 |
| P69913104 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 393,334 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2013 |
| For |
| For |
|
|
393,334 |
| Multiplan Empreendimentos Imobiliarios S.A. |
| MULT3 |
| P69913104 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 393,334 |
| Management |
| 2 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
393,334 |
| Multiplan Empreendimentos Imobiliarios S.A. |
| MULT3 |
| P69913104 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 393,334 |
| Management |
| 3 |
| Fix Number of Directors |
| For |
| For |
|
|
393,334 |
| Multiplan Empreendimentos Imobiliarios S.A. |
| MULT3 |
| P69913104 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 393,334 |
| Management |
| 4 |
| Elect Directors |
| For |
| Abstain |
| The company has bundled the election of more than one candidate into a single item. The level of board independence is also on the low side. |
393,334 |
| Multiplan Empreendimentos Imobiliarios S.A. |
| MULT3 |
| P69913104 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 393,334 |
| Management |
| 5 |
| Approve Remuneration of Company’s Management |
| For |
| For |
|
|
393,334 |
| Multiplan Empreendimentos Imobiliarios S.A. |
| MULT3 |
| P69913104 |
| 29-Apr-14 |
| Special |
| Confirmed |
| 393,334 |
| Management |
| 1 |
| Amend Article 16 Re: Chairman/CEO |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 1 |
| Approve Financial Statements and Statutory Reports; Approve CEO and Board’s Opinion Reports; Approve Audit and Corporate Practices Committee |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 2 |
| Accept Report on Activities Undertaken by Board of Directors |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 3a |
| Approve Allocation of Income |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 3b |
| Set Aggregate Nominal Amount of Share Repurchase Reserve |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 4 |
| Approve Dividends of MXN 0.39 Per Share |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 5 |
| Authorize Establishment of Short and Long Term Certificate Program with Dual Revolving Character in the Amount of Up to MXN 15 Billion |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 6 |
| Elect or Ratify Directors, Board Committees Members and Approve their Remuneration |
| For |
| Against |
| Neither the names of the nominees nor their proposed remuneration have been disclosed and the bundled nature of the resolution forces shareholders to submit a once and for all vote for each director and their remuneration. We abstained on this item last year and contacted the company to request they consider unbundling this item. No improvement warrants a vote against, this is in line with ISS. We have emailed the company to explain our rationale. |
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 7 |
| Amend Article 7 of Company Bylaws in Order to Comply with Security Market Law; Authorize Board to Obtain Certification of Company Bylaws |
| For |
| Against |
| Changes in articles of association have been proposed but no detail on the text or clear rationale. IR outlined the jist of the Item via email, stating only that it refers to a change in Soriana corporate law to prevent third parties aggressively increasing ownership without the knowledge and approval of the board. More prudent to vote against due to the lack of detail on this matter. This is in line with ISS. |
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 8 |
| Approve Granting of Powers |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 9 |
| Appoint Legal Representatives |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 1 |
| Approve Financial Statements and Statutory Reports; Approve CEO and Board’s Opinion Reports; Approve Audit and Corporate Practices Committee |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 2 |
| Accept Report on Activities Undertaken by Board of Directors |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 3a |
| Approve Allocation of Income |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 3b |
| Set Aggregate Nominal Amount of Share Repurchase Reserve |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 4 |
| Approve Dividends of MXN 0.39 Per Share |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 5 |
| Authorize Establishment of Short and Long Term Certificate Program with Dual Revolving Character in the Amount of Up to MXN 15 Billion |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 6 |
| Elect or Ratify Directors, Board Committees Members and Approve their Remuneration |
| For |
| Against |
| Neither the names of the nominees nor their proposed remuneration have been disclosed and the bundled nature of the resolution forces shareholders to submit a once and for all vote for each director and their remuneration. We abstained on this item last year and contacted the company to request they consider unbundling this item. No improvement warrants a vote against, this is in line with ISS. We have emailed the company to explain our rationale. |
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 7 |
| Amend Article 7 of Company Bylaws in Order to Comply with Security Market Law; Authorize Board to Obtain Certification of Company Bylaws |
| For |
| Against |
| Changes in articles of association have been proposed but no detail on the text or clear rationale. IR outlined the jist of the Item via email, stating only that it refers to a change in Soriana corporate law to prevent third parties aggressively increasing ownership without the knowledge and approval of the board. More prudent to vote against due to the lack of detail on this matter. This is in line with ISS. |
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 8 |
| Approve Granting of Powers |
| For |
| For |
|
|
1,149,000 |
| Organizacion Soriana S.A.B. de C.V. |
| SORIANAB |
| P8728U167 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 1,149,000 |
| Management |
| 9 |
| Appoint Legal Representatives |
| For |
| For |
|
|
77,000 |
| S.A.C.I. Falabella |
| FALABELLA |
| P3880F108 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 77,000 |
| Management |
| 1 |
| Approve Financial Statements and Statutory Reports |
| For |
| For |
|
|
77,000 |
| S.A.C.I. Falabella |
| FALABELLA |
| P3880F108 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 77,000 |
| Management |
| 2 |
| Approve Allocation of Income |
| For |
| For |
|
|
77,000 |
| S.A.C.I. Falabella |
| FALABELLA |
| P3880F108 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 77,000 |
| Management |
| 3 |
| Approve Dividend Policy |
| For |
| For |
|
|
77,000 |
| S.A.C.I. Falabella |
| FALABELLA |
| P3880F108 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 77,000 |
| Management |
| 4 |
| Elect Directors |
| For |
| Abstain |
| The company provided full disclosure of the candidates but the resolution is still bundled. |
77,000 |
| S.A.C.I. Falabella |
| FALABELLA |
| P3880F108 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 77,000 |
| Management |
| 5 |
| Approve Remuneration of Directors |
| For |
| For |
|
|
77,000 |
| S.A.C.I. Falabella |
| FALABELLA |
| P3880F108 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 77,000 |
| Management |
| 6 |
| Appoint Auditors and Designate Risk Assessment Companies |
| For |
| For |
|
|
77,000 |
| S.A.C.I. Falabella |
| FALABELLA |
| P3880F108 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 77,000 |
| Management |
| 7 |
| Designate Newspaper to Publish Meeting Announcements |
| For |
| For |
|
|
77,000 |
| S.A.C.I. Falabella |
| FALABELLA |
| P3880F108 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 77,000 |
| Management |
| 8 |
| Approve Report Regarding Related-Party Transactions |
| For |
| For |
|
|
77,000 |
| S.A.C.I. Falabella |
| FALABELLA |
| P3880F108 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 77,000 |
| Management |
| 9 |
| Approve Remuneration and Budget of Directors’ Committee; Receive Directors Committee’s Report |
| For |
| For |
|
|
77,000 |
| S.A.C.I. Falabella |
| FALABELLA |
| P3880F108 |
| 29-Apr-14 |
| Annual |
| Confirmed |
| 77,000 |
| Management |
| 10 |
| Other Business (Voting) |
| For |
| Against |
| Open item of the agenda so we are unable to assess the impacts that will be raised during the meeting. |
289,400 |
| Wilson Sons Ltd. |
| BMG968101094 |
| G96810117 |
| 30-Apr-14 |
| Annual |
| Confirmed |
| 289,400 |
| Management |
| 1 |
| Accept Financial Statements and Statutory Reports |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| BMG968101094 |
| G96810117 |
| 30-Apr-14 |
| Annual |
| Confirmed |
| 289,400 |
| Management |
| 2 |
| Approve that No Sum be Credited to Legal Reserve |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| BMG968101094 |
| G96810117 |
| 30-Apr-14 |
| Annual |
| Confirmed |
| 289,400 |
| Management |
| 3 |
| Approve that No Sum be Set Aside to Contingency Reserve |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| BMG968101094 |
| G96810117 |
| 30-Apr-14 |
| Annual |
| Confirmed |
| 289,400 |
| Management |
| 4 |
| Approve Distribution $27,034,720.00 |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| BMG968101094 |
| G96810117 |
| 30-Apr-14 |
| Annual |
| Confirmed |
| 289,400 |
| Management |
| 5 |
| Ratify KPMG as Auditors |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| BMG968101094 |
| G96810117 |
| 30-Apr-14 |
| Annual |
| Confirmed |
| 289,400 |
| Management |
| 6 |
| Authorize Board to Fix Remuneration of the Auditors |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| BMG968101094 |
| G96810117 |
| 30-Apr-14 |
| Annual |
| Confirmed |
| 289,400 |
| Management |
| 7 |
| Fix Number of Directors at Seven |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| BMG968101094 |
| G96810117 |
| 30-Apr-14 |
| Annual |
| Confirmed |
| 289,400 |
| Management |
| 8.1 |
| Appoint Jose Francisco Gouvea Vieira as Chairman until 2015 AGM |
| For |
| For |
|
|
289,400 |
| Wilson Sons Ltd. |
| BMG968101094 |
| G96810117 |
| 30-Apr-14 |
| Annual |
| Confirmed |
| 289,400 |
| Management |
| 8.2 |
| Appoint William Henry Salomon as Deputy Chairman until 2015 AGM |
| For |
| For |
|
|
397,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 7-May-14 |
| Special |
| Confirmed |
| 397,000 |
| Management |
| 1 |
| Amend Article 9 |
| For |
| For |
|
|
397,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 7-May-14 |
| Special |
| Confirmed |
| 397,000 |
| Management |
| 2 |
| Amend Article 16 |
| For |
| For |
|
|
397,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 7-May-14 |
| Special |
| Confirmed |
| 397,000 |
| Management |
| 3 |
| Amend Articles 14 |
| For |
| For |
|
|
397,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 7-May-14 |
| Special |
| Confirmed |
| 397,000 |
| Management |
| 4.1 |
| Authorize Capitalization of Tax Incentive Reserves |
| For |
| For |
|
|
397,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 7-May-14 |
| Special |
| Confirmed |
| 397,000 |
| Management |
| 4.2 |
| Authorize Capitalization of Retained Income |
| For |
| For |
|
|
397,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 7-May-14 |
| Special |
| Confirmed |
| 397,000 |
| Management |
| 4.3 |
| Authorize Capitalization of Legal Reserves |
| For |
| For |
|
|
397,000 |
| Cia. Hering |
| HGTX3 |
| P50753105 |
| 7-May-14 |
| Special |
| Confirmed |
| 397,000 |
| Management |
| 5 |
| Consolidate Bylaws |
| For |
| For |
|
|
147,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 7-May-14 |
| Annual |
| Confirmed |
| 147,000 |
| Management |
| 1 |
| Receive and Approve Board’s and Auditor’s Reports |
| For |
| For |
|
|
147,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 7-May-14 |
| Annual |
| Confirmed |
| 147,000 |
| Management |
| 2 |
| Approve Consolidated Financial Statements |
| For |
| For |
|
|
147,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 7-May-14 |
| Annual |
| Confirmed |
| 147,000 |
| Management |
| 3 |
| Approve Financial Statements |
| For |
| For |
|
|
147,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 7-May-14 |
| Annual |
| Confirmed |
| 147,000 |
| Management |
| 4 |
| Approve Allocation of Income and Dividends |
| For |
| For |
|
|
147,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 7-May-14 |
| Annual |
| Confirmed |
| 147,000 |
| Management |
| 5 |
| Approve Discharge of Directors |
| For |
| For |
|
|
147,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 7-May-14 |
| Annual |
| Confirmed |
| 147,000 |
| Management |
| 6 |
| Elect Directors |
| For |
| Abstain |
| The company has bundled the election of all candidates into a single item. ISS recommends investors to vote against as board only 30 percent independent and chairman and ceo role are not separated. Since we have no particular concerns with the board abstaining seems more sensible at this point and continue to engage with the company on the matter. |
147,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 7-May-14 |
| Annual |
| Confirmed |
| 147,000 |
| Management |
| 7 |
| Approve Remuneration of Directors |
| For |
| For |
|
|
147,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 7-May-14 |
| Annual |
| Confirmed |
| 147,000 |
| Management |
| 8 |
| Approve Auditors and Authorize Board to Fix Their Remuneration |
| For |
| For |
|
|
147,000 |
| TENARIS SA |
| TEN |
| L90272102 |
| 7-May-14 |
| Annual |
| Confirmed |
| 147,000 |
| Management |
| 9 |
| Allow Electronic Distribution of Company Documents to Shareholders |
| For |
| For |
|
|
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 13-May-14 |
| Special |
| Confirmed |
| 757,563 |
| Management |
| 1 |
| Approve Restricted Stock Plan |
| For |
| For |
|
|
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 13-May-14 |
| Special |
| Confirmed |
| 757,563 |
| Management |
| 2.1 |
| Amend Article 5 to Reflect Changes in Capital |
| For |
| For |
|
|
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 13-May-14 |
| Special |
| Confirmed |
| 757,563 |
| Management |
| 2.2 |
| Amend Article 16 |
| For |
| For |
|
|
757,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 13-May-14 |
| Special |
| Confirmed |
| 757,563 |
| Management |
| 2.3 |
| Amend Articles |
| For |
| For |
|
|
680,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 26-May-14 |
| Special |
| Confirmed |
| 680,563 |
| Management |
| 1 |
| Amend Articles to Reflect Changes in Capital |
| For |
| For |
|
|
680,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 26-May-14 |
| Special |
| Confirmed |
| 680,563 |
| Management |
| 2 |
| Amend Article 16 |
| For |
| For |
|
|
680,563 |
| BM&FBOVESPA S.A. |
| BVMF3 |
| P73232103 |
| 26-May-14 |
| Special |
| Confirmed |
| 680,563 |
| Management |
| 3 |
| Amend Articles |
| For |
| For |
|
|
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Registrant: Aberdeen Latin America Equity Fund, Inc. |
| |
|
| |
|
|
|
By (Signature and Title): | /s/Christian Pittard |
|
| Christian Pittard |
|
| President |
|
|
|
|
|
|
|
Date: August 26, 2014 |
|