|COMPANY NAME||% NET ASSETS|
|Tenaris SA ADR||20.53%|
|YPF Sociedad Anonima ADR||13.36%|
|Grupo Financiero Galicia SA ADR||6.21%|
|Macro Bank Inc ADR||6.19%|
|Telecom Argentina SA ADR||5.63%|
|Arcos Dorados Holdings Inc||4.49%|
|Silver Standard Resources Inc||3.08%|
|No data is available.|
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