Instuitional Investor - Edmond De Rothschild Asset Management (luxembourg)

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr Gold Trust	GLD	148,600	$18,670,000	19.61%
2.	Microsoft Corp	MSFT	95,600	$5,507,000	5.78%
3.	Visa Inc.	V	43,900	$3,631,000	3.81%
4.	Exxon Mobil Corp	XOM	40,500	$3,535,000	3.71%
5.	Kansas City Southern	KSU	36,100	$3,369,000	3.53%