Instuitional Investor - Cape Ann Asset Management Ltd

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ternium S A	TX	873,585	$37,101,155	33.43%
2.	Credicorp Ltd	BAP	220,778	$33,101,246	29.83%
3.	Kinross Gold Corp	KGC	4,856,663	$29,382,811	26.48%
4.	Petroleo Brasileiro Sa Petrobras	PBR	333,910	$5,102,145	4.59%
5.	Lufax Holding Ltd		1,070,932	$3,287,760	2.96%